Electric Motor for Household Appliances Market Research Report: Information by Type(DC Motors and AC Motors), by Voltage (Up to 50V, 50V to 120V, andAbove 120V), Output Power (Up to 500W and Above 500W),by Application (Refrigerator, Ovens, Washing Machine, Vacuum Cleaner, Electric Fan, Dishwasher, Range Hood, Tumble Dryer, Wash Dryer, and Freezer), and byRegion (North America, Europe, Asia-Pacific, Middle East & Africa, and South America)—Forecast till 2027
Electric Motor for Household Appliances Market Research Report—Forecast till 2027
Market Synopsis
The global electric motor for household appliances market is anticipated to register a healthy market growth during the review period. An effective electric motor makes use of much less energy, reduces working charges, lowers motor heating electricity, and has an extended life. In general, electric-powered automobiles, which might be 85% efficient, convert eighty-five% of the electrical electricity into mechanical power and make use of the final electrical electricity to raise the motor temperature. The use of superior magnetic materials, insulation materials, and excessive-speed bearing design outcomes within the excessive performance of electrical motors.
The expanding interest for HVAC frameworks in-home devices is anticipated to build the interest for electric engines in HVAC frameworks in the private area. As indicated by Japan Refrigeration and Air Conditioning Association Report 2019, the interest in the room forced air systems expanded from 86.24 million units in 2016 to 96.07 million units in 2018. The electric engine is the essential part of the HVAC framework, wherein it is utilized to drive the blower to move the air. However, the availability of counterfeit products is expected to hinder the global market growth in the future.
Segment Overview
The global electric motor for household appliances market has been classified based on type,
Based on type, the global electric motor for household appliances market is bifurcated into AC motors and DC motors.
Based on voltage, the global electric motor for household appliances market is categorized into up to 50 V, 50 V–120 V, and above 120 V.
In terms of output power, the global electric motor for household appliances market is divided into up to 500 W and above 500 W.
By application type, the global market is classified into Refrigerator, Oven, Washing Machine, Vacuum Cleaner, Electric Fan, Dishwasher, Range Hood, Tumble Dryer, Wash Dryer, and Freezer.
Regional Analysis:
North America is quite possibly the most conspicuous local business sector for electric engines for the home device, where the rising interest for HVAC applications in the private area and expanding reasonableness of domestic devices drive the development of the electric engines for the home devices market.
Europe is expected to be the second-largest market of electric motors for domestic devices, owing to the rising interest for home devices and expanded moderateness of home devices drive the development of the electric engines for home devices market in the district.
Asia-Pacific is one of the fastest-growing regions in the world followed by the Middle East and Rest of the world.
Major Competitors
The key players operating in the global electric motor for household appliances market are Johnson Electric Holdings Limited (Hong Kong), Elica S.p.A. (Italy), Newmotech Co., Ltd (South Korea), Diehl Stiftung & Co. KG (Germany), Dumore Motors (US), CG Power and Industrial Solutions Limited (India), NMB is a MinebeaMitsumi (US), Panasonic Corporation (Japan), Ebm-Papst(Germany), Nichibo DC Motor (China), Sunonwealth Electric Machine Industry Co., Ltd (Taiwan), Nidec Motor Corporation (Japan), CEBI Group (Luxemburg), Keli Motor Group Co., Ltd (China), and SanhuaAweco (Germany).
COVID 19 Impacts
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Companies Mentioned
Johnson Electric Holdings Limited (Hong Kong)
Elica S.p.A. (Italy)
Newmotech Co.
Ltd (South Korea)
Diehl Stiftung & Co. KG (Germany)
Dumore Motors (US)
CG Power and Industrial Solutions Limited (India)
NMB is a MinebeaMitsumi (US)
Panasonic Corporation (Japan)
Ebm-Papst(Germany)
Nichibo DC Motor (China)
Sunonwealth Electric Machine Industry Co.
Ltd (Taiwan)
Nidec Motor Corporation (Japan)
CEBI Group (Luxemburg)
Keli Motor Group Co.
Ltd (China)
and SanhuaAweco (Germany)
- 1 Executive Summary 17
- 1.1 Market Attractiveness Analysis 19
- 1.1.1 Global Electric Motor For Household Appliances Market, By Type 20
- 1.1.2 Global Electric Motor For Household Appliances Market, By Voltage 21
- 1.1.3 Global Electric Motor For Household Appliances Market, By Output Power 22
- 1.1.4 Global Electric Motor For Household Appliances Market, By Application 23
- 1.1.5 Global Electric Motor For Household Appliances Market, By Region 24
- 2 Market Introduction 25
- 2.1 Definition 25
- 2.2 Scope Of The Study 25
- 2.3 Research Objective 25
- 2.4 Market Structure 26
- 2.5 Key Buying Criteria 27
- 3 Research Methodology 28
- 3.1 Research Process 28
- 3.2 Primary Research 29
- 3.3 Secondary Research 30
- 3.4 Market Size Estimation 31
- 3.5 Forecast Model 32
- 3.6 List Of Assumptions& Limitations 33
- 4 Market Insights 34
- 5 Market Dynamics 37
- 5.1 Introduction 37
- 5.2 Drivers 38
- 5.2.1 Demand For Hvac In Residential Sector 38
- 5.2.2 Increasing Affordability Of Household Appliances 38
- 5.3 Restraint 39
- 5.3.1 Availability Of Counterfeit Products 39
- 5.4 Opportunity 39
- 5.4.1 Advanced And High-performance Household Appliances 39
- 5.4.2 Potential In Parts Of Asia-pacific And The Middle East & Africa 40
- 5.5 Impact Analysis Of Covid-19 40
- 5.5.1 Impact On The Overall Energy & Power Industry 40
- 5.5.1.1 Economic Impact 40
- 5.5.2 Impact On The Electric Motors For Household Appliances Market 41
- 5.5.3 Impact On The Supply Chain Of Electric Motors For Household Appliances 41
- 5.5.3.1 Price Variation Of Key Raw Materials 41
- 5.5.3.2 Production Shutdown 41
- 5.5.3.3 Cash Flow Constraints 41
- 5.5.3.4 Impact On Import/Export 41
- 5.5.4 Impact On The Market Demand Of Electric Motors For Household Appliances 42
- 5.5.4.1 Impact Due To Lockdown 42
- 5.5.4.2 Consumer Sentiments 42
- 5.5.4.3 Impact On Pricing Of Electric Motors For Household Appliances 42
- 6.1.1 Raw Material And Component Supply 44
- 6.1.2 Component Manufacture & Assembly 44
- 6.1.3 Sales & Distribution 44
- 6.1.4 End Use 44
- 6.1.5 Aftersales 44
- 6.2.1 Threat Of New Entrants 45
- 6.2.2 Bargaining Power Of Suppliers 46
- 6.2.3 Bargaining Power Of Buyers 46
- 6.2.4 Threat Of Substitutes 46
- 6.2.5 Intensity Of Rivalry 46
- 11.2.1 Us 63
- 11.2.2 Canada 65
- 11.2.3 Mexico 67
- 11.3.1 Uk 72
- 11.3.2 Germany 74
- 11.3.3 France 76
- 11.3.4 Italy 78
- 11.3.5 Rest Of Europe 80
- 11.4.1 China 85
- 11.4.2 Australia 87
- 11.4.3 Japan 89
- 11.4.4 India 91
- 11.4.5 Rest Of Asia-pacific 93
- 11.5.1 Saudi Arabia 98
- 11.5.2 Uae 100
- 11.5.3 South Africa 102
- 11.5.4 Rest Of The Middle East & Africa 104
- 11.6.1 Brazil 109
- 11.6.2 Argentina 111
- 11.6.3 Rest Of South America 113
- 13.1.1 Company Overview 118
- 13.1.2 Financial Overview 119
- 13.1.3 Products Offered 120
- 13.1.4 Key Developments 121
- 13.1.5 Swot Analysis 122
- 13.1.6 Key Strategies 122
- 13.2.1 Company Overview 123
- 13.2.2 Financial Overview 123
- 13.2.3 Products Offered 124
- 13.2.4 Key Developments 124
- 13.2.5 Swot Analysis 125
- 13.2.6 Key Strategies 125
- 13.3.1 Company Overview 126
- 13.3.2 Financial Overview 126
- 13.3.3 Products Offered 126
- 13.3.4 Key Developments 129
- 13.3.5 Swot Analysis 130
- 13.3.6 Key Strategies 130
- 13.4.1 Company Overview 131
- 13.4.2 Financial Overview 131
- 13.4.3 Products Offered 132
- 13.4.4 Key Developments 132
- 13.4.5 Swot Analysis 133
- 13.4.6 Key Strategies 133
- 13.5.1 Company Overview 134
- 13.5.2 Financial Overview 135
- 13.5.3 Products Offered 136
- 13.5.4 Key Developments 141
- 13.5.5 Swot Analysis 142
- 13.5.6 Key Strategies 143
- 13.6.1 Company Overview 144
- 13.6.2 Financial Overview 144
- 13.6.3 Products Offered 144
- 13.6.4 Key Developments 145
- 13.7.1 Company Overview 146
- 13.7.2 Financial Overview 146
- 13.7.3 Products Offered 147
- 13.7.4 Key Developments 148
- 13.8.1 Company Overview 149
- 13.8.2 Financial Overview 149
- 13.8.3 Products Offered 149
- 13.8.4 Key Developments 149
- 13.9.1 Company Overview 150
- 13.9.2 Financial Overview 151
- 13.9.3 Products Offered 152
- 13.9.4 Key Developments 152
- 13.10.1 Company Overview 153
- 13.10.2 Financial Overview 153
- 13.10.3 Products Offered 153
- 13.10.4 Key Developments 153
- 13.11.1 Company Overview 154
- 13.11.2 Financial Overview 155
- 13.11.3 Products Offered 156
- 13.11.4 Key Developments 156
- 13.12.1 Company Overview 157
- 13.12.2 Financial Overview 157
- 13.12.3 Products Offered 157
- 13.12.4 Key Developments 157
- 13.13.1 Company Overview 158
- 13.13.2 Financial Overview 159
- 13.13.3 Products Offered 160
- 13.13.4 Key Developments 161
- 13.14.1 Company Overview 162
- 13.14.2 Financial Overview 162
- 13.14.3 Products Offered 163
- 13.14.4 Key Developments 163
- 13.15.1 Company Overview 164
- 13.15.2 Financial Overview 164
- 13.15.3 Products Offered 164
- 13.15.4 Key Developments 164
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