North America Electric Motor Market: Market Size, Forecast, Insights, Segmentation, and Competitive Landscape with Impact of COVID-19 & Russia-Ukraine War
North America Electric Motor Market: Market Size, Forecast, Insights, Segmentation, and Competitive Landscape with Impact of COVID-19 & Russia-Ukraine War
The North America electric motor market is expected to grow at a CAGR of around 4.1% during 2024-2033. This report on North America electric motor market report provides holistic understanding of the market along with market sizing, forecast, drivers, challenges, and competitive landscape. The report presents a clear picture of the North America electric motor market by segmenting the market based on motor type, output power, voltage range, application, speed, power rating, rotor type and region. Also, detailed profiles of companies operating in the electric motor market are provided in this report. We believe that this report will aid the professionals and industry stakeholders in making informed decision.
Market Drivers
• High Efficiency in Airflow Systems • Maximized Life And Power • Transition of North America Automotive Industry Toward Electric Vehicles
Market Challenges
• Fluctuating Prices of Raw Materials From China • Intense Competition from Unorganized Players Supplying Inexpensive and Low-Quality Electric Motors
Historical & Forecast Period
Base Year: 2023 Historical Period: 2019-2023 Forecast Period: 2024-2033
Market by Motor Type
• Alternate Current (AC) Motor • Direct Current (DC) Motor • Hermetic Motor
Market by Output Power
• Integral Horsepower (IHP) Output • Fractional Horsepower (FHP) Output
• Low-Speed Electric Motors (Less Than 1,000 RPM) • Medium-Speed Electric Motors (1,001-25,000 RPM) • High-Speed Electric Motors (25,001-75,000 RPM) • Ultrahigh-Speed Electric Motors (Greater Than 75,001 RPM)
Market by Power Rating
• <1 KW • 1-2.2 KW • 2-375 KW • >375 KW
Market by Rotor Type
• Inner Rotor • Outer Rotor
Market by Region
• United States • Canada
1. Preface
1.1 Objective
1.2 Target Audience & Key Offerings
1.3 Report’s Scope
1.4 Research Methodology
1.4.1 Phase I
1.4.2 Phase II
1.4.3 Phase III
1.5 Assumptions
2. Key Insights
3. North America Electric Motor Market
3.1. Introduction
3.2. Market Drivers
3.3. Market Challenges
4. North America Electric Motor Market Analysis
4.1. Market Portraiture
4.2. Market Size
4.3. Market Forecast
4.4. Impact of COVID-19
4.5. Impact of Russia-Ukraine War
5. North America Electric Motor Market by Motor Type
5.1. Introduction
5.2. Alternate Current (AC) Motor
5.3. Direct Current (DC) Motor
5.4. Hermetic Motor
6. North America Electric Motor Market by Output Power
6.1. Introduction
6.2. Integral Horsepower (IHP) Output
6.3.Fractional Horsepower (FHP) Output
7. North America Electric Motor Market by Voltage Range
7.1. Introduction
7.2. 9 V & Below
7.3. 10-20 V
7.4. 21-60 V
7.5. 60 V & Above
8. North America Electric Motor Market by Application
8.1. Introduction
8.2. Industrial machinery
8.3. Motor vehicles
8.4. Heating
8.5. ventilating & cooling (HVAC) equipment
8.6. Aerospace & transportation
8.7. Household appliances
8.8. Other
9. North America Electric Motor Market by Speed
9.1. Introduction
9.2. Less Than 1,000 RPM
9.3. 1,001-25,000 RPM
9.4. 25,001-75,000 RPM
9.5. Greater Than 75,001 RPM
10. North America Electric Motor Market by Power Rating
10.1. Introduction
10.2. <1 KW
10.3. 1-2.2 KW
10.4. 2-375 KW
10.5. >375 KW
11. North America Electric Motor Market by Rotor Type
11.1. Introduction
11.2. Inner Rotor
11.3. Outer Rotor
12. North America Electric Motor Market by Region
12.1. Introduction
12.2. United States
12.3. Canada
13. SWOT Analysis
14. Porter’s Five Forces
15. Market Value Chain Analysis
16. Competitive Landscape
16.1. Competitive Scenario
16.2. Company Profiles
16.2.1. ABB
16.2.2. ARC Systems Inc.
16.2.3. Denso Corporation
16.2.4. Emerson Electric Co.
16.2.5. GE
16.2.6. Johnson Electric Holdings Limited
16.2.7. Maxon
16.2.8. Mitsubishi Heavy Industries
16.2.9. Nidec Corporation
16.2.10. Regal Rexnord Corporation
16.2.11. Rockwell Automation, Inc.
16.2.12. Siemens
List of Figures
Figure 1: North America Electric Motor Market (in US$ Million), 2019-2023
Figure 2: North America Electric Motor Market by Motor Type,2023
Figure 3: North America Electric Motor Market by Output Power, 2023
Figure 4: North America Electric Motor Market by Voltage Range, 2023
Figure 5: North America Electric Motor Market by Application, 2023
Figure 6: North America Electric Motor Market by Speed, 2023
Figure 7: North America Electric Motor Market by Power Rating, 2023
Figure 8: North America Electric Motor Market by Rotor Type, 2023
Figure 9: North America Electric Motor Market by Region, 2023
Figure 10: North America Electric Motor Market (in US$ Million), 2024-2033
Figure 11: North America Electric Motor Market by Motor Type (in %), 2023 & 2033
Figure 12: North America Alternate Current (AC) Motor Electric Motor Market (in US$ Million), 2019-2023
Figure 13: North America Alternate Current (AC) Motor Electric Motor Market (in US$ Million), 2024-2033
Figure 14: North America Direct Current (DC) Motor Electric Motor Market (in US$ Million), 2019-2023
Figure 15: North America Direct Current (DC) Motor Electric Motor Market (in US$ Million), 2024-2033
Figure 16: North America Hermetic Motor Electric Motor Market (in US$ Million), 2019-2023
Figure 17: North America Hermetic Motor Electric Motor Market (in US$ Million), 2024-2033
Figure 18: North America Electric Motor Market by Output Power (in %), 2023 & 2033
Figure 19: North America Integral Horsepower (IHP) Output Electric Motor Market (in US$ Million), 2019-2023
Figure 20: North America Integral Horsepower (IHP) Output Electric Motor Market (in US$ Million), 2024-2033
Figure 21: North America Fractional Horsepower (FHP) Output Electric Motor Market (in US$ Million), 2019-2023
Figure 22: North America Fractional Horsepower (FHP) Output Electric Motor Market (in US$ Million), 2024-2033
Figure 23: North America Electric Motor Market by Voltage Range (in %), 2023 & 2033
Figure 24: North America 9 V & Below Electric Motor Market (in US$ Million), 2019-2023
Figure 25: North America 9 V & Below Electric Motor Market (in US$ Million), 2024-2033
Figure 26: North America 10-20 V Electric Motor Market (in US$ Million), 2019-2023
Figure 27: North America 10-20 V Electric Motor Market (in US$ Million), 2024-2033
Figure 28: North America 21-60 V Electric Motor Market (in US$ Million), 2019-2023
Figure 29: North America 21-60 V Electric Motor Market (in US$ Million), 2024-2033
Figure 30: North America 60 V & Above Electric Motor Market (in US$ Million), 2019-2023
Figure 31: North America 60 V & Above Electric Motor Market (in US$ Million), 2024-2033
Figure 32: North America Electric Motor Market by Application (in %), 2023 & 2033
Figure 33: North America Industrial machinery Electric Motor Market (in US$ Million), 2019-2023
Figure 34: North America Industrial machinery Electric Motor Market (in US$ Million), 2024-2033
Figure 35: North America Motor vehicles Electric Motor Market (in US$ Million), 2019-2023
Figure 36: North America Motor vehicles Electric Motor Market (in US$ Million), 2024-2033
Figure 37: North America Heating Electric Motor Market (in US$ Million), 2019-2023
Figure 38: North America Heating Electric Motor Market (in US$ Million), 2024-2033
Figure 39: North America ventilating & cooling (HVAC) equipment Electric Motor Market (in US$ Million), 2019-2023
Figure 40: North America ventilating & cooling (HVAC) equipment Electric Motor Market (in US$ Million), 2024-2033
Figure 41: North America Aerospace & transportation Electric Motor Market (in US$ Million), 2019-2023
Figure 42: North America Aerospace & transportation Electric Motor Market (in US$ Million), 2024-2033
Figure 43: North America Household appliances Electric Motor Market (in US$ Million), 2019-2023
Figure 44: North America Household appliances Electric Motor Market (in US$ Million), 2024-2033
Figure 45: North America Other Electric Motor Market (in US$ Million), 2019-2023
Figure 46: North America Other Electric Motor Market (in US$ Million), 2024-2033
Figure 47: North America Electric Motor Market by Speed (in %), 2023 & 2033
Figure 48: North America Less Than 1,000 RPM Electric Motor Market (in US$ Million), 2019-2023
Figure 49: North America Less Than 1,000 RPM Electric Motor Market (in US$ Million), 2024-2033
Figure 50: North America 1,001-25,000 RPM Electric Motor Market (in US$ Million), 2019-2023
Figure 51: North America 1,001-25,000 RPM Electric Motor Market (in US$ Million), 2024-2033
Figure 52: North America 25,001-75,000 RPM Electric Motor Market (in US$ Million), 2019-2023
Figure 53: North America 25,001-75,000 RPM Electric Motor Market (in US$ Million), 2024-2033
Figure 54: North America Greater Than 75,001 RPM Electric Motor Market (in US$ Million), 2019-2023
Figure 55: North America Greater Than 75,001 RPM Electric Motor Market (in US$ Million), 2024-2033
Figure 56: North America Electric Motor Market by Power Rating (in %), 2023 & 2033
Figure 57: North America <1 KW Electric Motor Market (in US$ Million), 2019-2023
Figure 58: North America <1 KW Electric Motor Market (in US$ Million), 2024-2033
Figure 59: North America 1-2.2 KW Electric Motor Market (in US$ Million), 2019-2023
Figure 60: North America 1-2.2 KW Electric Motor Market (in US$ Million), 2024-2033
Figure 61: North America 2-375 KW Electric Motor Market (in US$ Million), 2019-2023
Figure 62: North America 2-375 KW Electric Motor Market (in US$ Million), 2024-2033
Figure 63: North America >375 KW Electric Motor Market (in US$ Million), 2019-2023
Figure 64: North America >375 KW Electric Motor Market (in US$ Million), 2024-2033
Figure 65: North America Electric Motor Market by Rotor Type (in %), 2023 & 2033
Figure 66: North America Inner Rotor Electric Motor Market (in US$ Million), 2019-2023
Figure 67: North America Inner Rotor Electric Motor Market (in US$ Million), 2024-2033
Figure 68: North America Outer Rotor Electric Motor Market (in US$ Million), 2019-2023
Figure 69: North America Outer Rotor Electric Motor Market (in US$ Million), 2024-2033
Figure 70: North America Electric Motor Market by Region (in %), 2023 & 2033
Figure 71: United States Electric Motor Market (in US$ Million), 2019-2023
Figure 72: United States Electric Motor Market (in US$ Million), 2024-2033
Figure 73: Canada Electric Motor Market (in US$ Million), 2019-2023
Figure 74: Canada Electric Motor Market (in US$ Million), 2024-2033
Figure 75: Market Value Chain
List of Tables
Table 1: North America Electric Motor Market Portraiture
Table 2: North America Electric Motor Market by Motor Type (in US$ Million), 2023 & 2033
Table 3: North America Electric Motor Market by Output Power (in US$ Million), 2023 & 2033
Table 4: North America Electric Motor Market by Voltage Range (in US$ Million), 2023 & 2033
Table 5: North America Electric Motor Market by Application (in US$ Million), 2023 & 2033
Table 6: North America Electric Motor Market by Speed (in US$ Million), 2023 & 2033
Table 7: North America Electric Motor Market by Power Rating (in US$ Million), 2023 & 2033
Table 8: North America Electric Motor Market by Rotor Type (in US$ Million), 2023 & 2033
Table 9: North America Electric Motor Market by Region (in US$ Million), 2023 & 2033