Electric Motors Market Size is Projected to be Around US$ 134 billion by 2022

New York, November 01, 2018: The scope of the report includes a detailed study of global and regional markets for Global Electric Motors Market with the reasons given for variations in the growth of the industry in certain regions.

The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report include Johnson Electric Holdings Ltd., Baldor Electric Company, Inc., Ametek, Inc., Danaher Motion LLC, Siemens AG, Brook Crompton UK Ltd., Allied Motion Technologies Inc., and Franklin Electric Co., Inc.Company profile includes assign such as company summary, financial summary, business strategy and planning, SWOT analysis and current developments.

The Global Electric Motors Market is expected to exceed more than US$ 134 billion by 2022 and will grow at a CAGR of more than 6% in the given forecast period.

Electric motors are commonly used as a supply of mechanical electricity in a vast range of residential, business and industrial applications. This includes fanatics, pumps, compressors, elevators, refrigerators and numerous different structures.Electric motor is the most crucial issue used in the production of motors, heating ventilating and cooling (HVAC) equipment and in numerous domestic home equipment. They are widely utilized in compressors, commercial fanatics, pumps, home equipment, lathe machines, gadget gear, strength equipment, HVAC applications, disk drives, electric powered motors and automatic robots. Those high-efficiency motors, which can be also known as top class performance motors, are gaining significance over their traditional counterparts. Due to longer operating existence, low strength consumption, low preservation, and an excessive tolerance for fluctuating voltages.

 

Browse Full Report from here: https://www.marketresearchengine.com/electric-motors-market

The Global Electric Motors Market has been segmented as below:

The Global Electric Motors Market is segmented on the Basis of Type Analysis, Voltage Type, End User Type and Geographical Analysis. By Type Analysis this market is segmented on the basis of AC Motors and DC Motors.

By Voltage Type this market is segmented on the basis of < 1 kV (Low), 1 kV–6.6 kV (Medium)and > 6.6 kV (High). By End User Type this market is segmented on the basis of Industrial, Residential, Commercial, Transportation and Agriculture. By Geographical Analysis this market is segmented on the basis of North America Europe, Asia-Pacific and Rest of the World.

The major driving factors of Global Electric Motors Market are as follows:

  • Positive view of manufacturing industries
  • Inducement for energy efficient electric motor driven system
  • Growing replacement of outdated electric motors

The restraining factors of Global Electric Motors Market are as follows:

  • Instability in raw material cost
  • High purchase cost of energy efficient motors

This report provides:

1) An overview of the global market for Electric Motors and related technologies.

2) Analyses of global market trends, with data from 2015, estimates for 2016 and 2017, and projections of compound annual growth rates (CAGRs) through 2022.

3) Identifications of new market opportunities and targeted promotional plans for Global Electric Motors Market.

4) Discussion of research and development, and the demand for new products and new applications.

5) Comprehensive company profiles of major players in the industry.

Request Sample Report from here: https://www.marketresearchengine.com/electric-motors-market

 

Table of Contents:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

5.1 Introduction
5.2 Market Segmentation
5.2.1 By Type
5.2.2 By Voltage
5.2.3 By End-User
5.2.4 By Region
5.2.5 By Output Power
5.3 Market Dynamics
5.3.1 Drivers
5.3.1.1 Increased Usage of Electric Motors Across Major Industries
5.3.1.1.1 Continued Growth in Automobile Production
5.3.1.2 Growth in Commercial and Residential Sectors
5.3.1.2.1 Rising Demand for Hvac Applications
5.3.1.2.2 Increasing Motor-Driven Household Appliances
5.3.1.3 Buoyant Growth in Agricultural Sector
5.3.1.4 Transition Toward Energy-Efficient Motors
5.3.2 Restraints
5.3.2.1 High Maintenance Cost for Brushed DC Motors
5.3.2.2 Portability Issue With Heavy Motors
5.3.3 Opportunities
5.3.3.1 Huge Market Potential for Electric Vehicles in Emerging Countries
5.3.3.2 Growing Robotics Technology
5.3.4 Challenges
5.3.4.1 Gray Market Providing Low-Quality & Inexpensive Products
5.3.4.2 Conventional Motor Design
5.3.4.3 Motor Failure Due to Overheating

6 Electric Motor Sales Market, By Type

7 Electric Motor Sales Market, By Voltage

8 Electric Motor Sales Market, By Output Power

9 Electric Motor Sales Market, By End-User

10 Electric Motor Sales Market, By Region

11 Competitive Landscape

12 Company Profiles
12.1 Introduction
12.2 ABB Ltd.
12.3 Siemens AG
12.4 General Electric Company
12.5 Nidec Corporation
12.6 Denso Corporation
12.7 Allied Motion Technologies, Inc.
12.8 Ametek, Inc.
12.9 Bosch Group
12.10 Emerson Electric Co.
12.11 Hitachi, Ltd.
12.12 Johnson Electric Holdings Limited
12.13 Regal Beloit Corporation
12.14 Rockwell Automation
12.15 WEG
12.16 ARC Systems, Inc.
12.17 Baldor Electric Co.
12.18 Toshiba International Corporation

Other Related Market Research Reports:

Electrical Steel Market Expected To Be Worth US$ 39.00 Billion by 2023

Elastomer Coated Fabrics Market to Reach US$ 11.385 Billion by 2023

Media Contact

Company Name: Market Research Engine

Contact Person: John Bay

Email: john@marketresearchengine.com

Phone: +1-855-984-1862

Country: United States

Website: https://www.marketresearchengine.com/

The post Electric Motors Market Size is Projected to be Around US$ 134 billion by 2022 appeared first on Herald Keeper.

Add Comment