Electric Motor Market Intelligence Report - Global Forecast to 2027

Electric Motor Market Intelligence Report - Global Forecast to 2027

The Global Electric Motor Market is projected to reach USD 191,779.99 million by 2027 from USD 138,673.10 million in 2021, at a CAGR 5.55% during the forecast period.

Market Statistics:

The report provides market sizing and forecast across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF. It helps organization leaders make better decisions when currency exchange data is readily available. In this report, the years 2019 and 2020 are considered historical years, 2021 as the base year, 2022 as the estimated year, and years from 2023 to 2027 are considered the forecast period.

• The Americas Electric Motor Market size was estimated at USD 38,619.79 million in 2021 and expected to reach USD 40,101.15 million in 2022, at a CAGR 5.03% to reach USD 51,864.67 million by 2027.
• The Asia-Pacific Electric Motor Market size was estimated at USD 54,012.44 million in 2021 and expected to reach USD 57,526.74 million in 2022, at a CAGR 5.91% to reach USD 76,263.21 million by 2027.
• The Europe, Middle East & Africa Electric Motor Market size was estimated at USD 46,040.85 million in 2021 and expected to reach USD 48,511.80 million in 2022, at a CAGR 5.54% to reach USD 63,652.10 million by 2027.

Market Segmentation & Coverage:

The report on electric motor identifies key attributes about the customer to define the potential market and identify different needs across the industry. Understanding the potential customer group's economies and geographies can help gain business acumen for better strategic decision-making. Our market coverage across different industry verticals reveals the hidden truth about the players' strategies in different verticals and helps the organization decide target audience. This report gives you the composite view of sub-markets coupled with comprehensive industry coverage and provides you with the right way of accounting factors such as norms & regulations, culture, to make right coverage strategy for your market plan.

This research report categorizes the electric motor to forecast the revenues and analyze the trends in each of the following sub-markets:

Voltage:

• Fractional HP Output
• Integral HP Output

Power:

• 1 HP and Above
• Less than 1 HP

Motor Type:

• AC
  • Induction AC Motors
  • Synchronous AC Motors
• DC

End User:

• Aerospace & Transportation
• Household Appliances
• HVAC Equipment
• Industrial Machinery
• Motor Vehicles

Region:

• Americas
  • Argentina
  • Brazil
  • Canada
  • Mexico
  • United States
    • California
    • Florida
    • Illinois
    • New York
    • Ohio
    • Pennsylvania
    • Texas
• Asia-Pacific
  • Australia
  • China
  • India
  • Indonesia
  • Japan
  • Malaysia
  • Philippines
  • Singapore
  • South Korea
  • Taiwan
  • Thailand
• Europe, Middle East & Africa
  • France
  • Germany
  • Italy
  • Netherlands
  • Qatar
  • Russia
  • Saudi Arabia
  • South Africa
  • Spain
  • United Arab Emirates
  • United Kingdom

Company Usability Profiles:

• ABB Ltd.
• Allied Motion Technologies Inc.
• Ametek, Inc.
• Anaheim Automation, Inc.
• ARC Systems, Inc.
• Brook Crompton
• Bühler Motor Group
• ElectroCraft, Inc.
• Faulhaber GmbH & Co. KG
• Hitachi, Ltd.
• Johnson Electric Holdings Limited
• Maxon Motor AG
• MinebeaMitsumi Group
• Nidec Corporation
• Oriental Motor Co., Ltd.
• Regal Beloit Corporation
• Rockwell Automation, Inc.
• Schneider Electric SE
• Siemens AG
• TECO Electric & Machinery Co., Ltd.
• Toshiba Corporation
• WEG S.A.
• Wolong Electric Group Co., Ltd.
• Yaskawa Electric Corporation

Currency: USD

Base Year: 2021

Estimated Year: 2022

Forecast Year: 2027

Base Year Value: USD 138,673.10 million

Estimated Year Value: USD 146,139.70 million

Forecast Year Value: USD 191,779.99 million

CAGR (%): 5.55%.

Please Note: PDF & Excel + Online Access - 1 Year