Industrial Motors Market, By Type of Motor (Alternating Current (AC) Motors, Direct Current (DC) Motors, and Other Types of Motors), By Voltage (High Voltage, Medium Voltage, and Low Voltage), By End User (Oil and Gas Power, Generation, Mining and Metals, Water and Wastewater Management, Chemicals and Petrochemicals, Discrete Manufacturing, and Other End users), and By Geography (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa)- Size, Share, Outlook, and Opportunity Analysis, 2023 - 2030
Industrial Motors are used in various industries to reduce operational cost and increase productivity. These industrial motors are used in machines such as conveyor belts, fans, compressors, and pumps. A Motor consists of two parts: a rotor and a stator. The rotor is the mobile part that produces the mechanical energy and the stator is the stationary part that supplies the magnetic field to rotate the rotor. Regardless of their application, industrial motors must have a reliable, efficient power source and be able to handle the harsh environments in which they operate. This means that motors must be backed by excellent parts and routine maintenance.
Market Dynamics:
The growth of the Industrial Motors market is driven by the rising demand for automation in manufacturing industries. The adoption of industrial automation systems has increased significantly, as it enables companies to achieve higher levels of efficiency and productivity.
However, high cost and portability issues of industrial motors is expected to hamper growth of the global industrial motors market during the forecast period.
Key features of the study:
This report provides in-depth analysis of the global industrial motors market, and provides market size (US$ 4,530 Million) and compound annual growth rate (CAGR 3.54%) for the forecast period (2023–2030), considering 2022 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global industrial motors market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Menzel Elektromotoren GmbH, General Electric Company, ATB Austria Antriebstechnik AG, ABB Ltd., Fuji Electric Co. Ltd., Allen-Bradly Co. LLC (Rockwell Automation Inc.), Franklin Electric Co. Inc., Siemens AG, Maxon Motor AG, Amtek Inc., Nidec Corporation, Arc Systems Inc., Toshiba International Corporation, Johnson Electric Holdings Limited, and Emerson Electric Co.
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global industrial motors market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global industrial motors market
Detailed Segmentation:
Global Industrial Motors Market, By Type of Motor
Alternating Current (AC) Motors
Direct Current (DC) Motors
Other Types of Motors
Global Industrial Motors Market, By Voltage
High Voltage
Medium Voltage
Low Voltage
Global Industrial Motors Market, By End User
Oil and Gas Power
Generation
Mining and Metals
Water and Wastewater Management
Chemicals and Petrochemicals
Discrete Manufacturing
Other End users
Global Industrial Motors Market, By Geography
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
Company Profiles
General Electric Company
ABB Ltd.
Allen-Bradly Co. LLC (Rockwell Automation Inc.)
Siemens AG
Amtek Inc.
Arc Systems Inc.
Johnson Electric Holdings Limited
Emerson Electric Co.
Toshiba International Corporation
Nidec Corporation
Maxon Motor AG
Franklin Electric Co. Inc.
Fuji Electric Co. Ltd.
ATB Austria Antriebstechnik AG
Menzel Elektromotoren GmbH
1. Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
Market Snapshot, By Type of Motor
Market Snapshot, By Voltage
Market Snapshot, By End User
Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Drivers
Government regulations driving the demand for energy efficiency
Rising inclination toward smart motors
Restraints
Portability issues of industrial motors
High cost
Opportunities
Emergence of Industry 4.0 concept
Impact Analysis
Key Highlights
Regulatory Scenario
Product launch/Approvals
PEST Analysis
PORTER’s Analysis
Merger and Acquisition Scenario
4. Global Industrial Motors Market – Impact of Coronavirus (COVID-19) Pandemic
COVID-19 Epidemiology
Supply Side and Demand Side Analysis
Economic Impact
5. Global Industrial Motors Market , By Type of Motor, 2017-2030, (US$ Mn)
Introduction
Market Share Analysis, 2023 and 2030 (%)
Y-o-Y Growth Analysis, 2017-2030
Segment Trends
Alternating Current (AC) Motors
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Mn)
Direct Current (DC) Motors
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Mn)
Other Types of Motors
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Mn)
6. Global Industrial Motors Market , By Voltage, 2017-2030, (US$ Mn)
Introduction
Market Share Analysis, 2023 and 2030 (%)
Y-o-Y Growth Analysis, 2017 – 2030
Segment Trends
High Voltage
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Million)
Medium Voltage
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Million)
Low Voltage
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Million)
7. Global Industrial Motors Market , By End User, 2017-2030, (US$ Mn)
Introduction
Market Share Analysis, 2023 and 2030 (%)
Y-o-Y Growth Analysis, 2017 – 2030
Segment Trends
Oil and Gas Power
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Million)
Generation
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Million)
Mining and Metals
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Million)
Water and Wastewater Management
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Million)
Chemicals and Petrochemicals
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Million)
Discrete Manufacturing
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Million)
Other End users
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Million)
8. Global Industrial Motors Market , By Region, 2017-2030, (US$ Mn)
Introduction
Market Share Analysis, By Country, 2023 and 2030 (%)
Y-o-Y Growth Analysis, For Country 2017–2030
Country Trends
North America
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Type of Motor, 2017-2030,(US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By Voltage, 2017-2030,(US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2017-2030,(US$ Mn)
Europe
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Type of Motor, 2017-2030,(US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By Voltage, 2017-2030,(US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2017-2030,(US$ Mn)
Asia Pacific
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Type of Motor, 2017-2030,(US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By Voltage, 2017-2030,(US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2017-2030,(US$ Mn)
Latin America
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Type of Motor, 2017-2030,(US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By Voltage, 2017-2030,(US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2017-2030,(US$ Mn)
Middle East & Africa
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Type of Motor, 2017-2030,(US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By Voltage, 2017-2030,(US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2017-2030,(US$ Mn)
9. Competitive Landscape
General Electric Company
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
ABB Ltd.
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
Allen-Bradly Co. LLC (Rockwell Automation Inc.)
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
Siemens AG
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
Amtek Inc.
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
Arc Systems Inc.
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
Johnson Electric Holdings Limited
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
Emerson Electric Co.
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
Toshiba International Corporation
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
Nidec Corporation
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
Analyst Views
10. Section
Research Methodology
About us
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