Electric Motor Market Business Opportunities, Growth Statistics, Covid-19 Outbreaks, Revenue and Forecast to 2029


Electric Motor Market size was valued at US$ 121.11 Bn in 2021 and the total revenue is expected to grow at 6.9 % through 2022 to 2029, reaching nearly US$ 206.55 Bn.

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Using 2021 as the base year and the forecast period of 2022 to 2029, the market size for Electric Motor is evaluated in this report. The market for Electric Motor is expected to increase by millions of dollars by 2029 compared to 2021, according to this research. Over the next seven years, the CAGR in terms of revenue for the Electric Motor market will surge.

In-depth information on the market's size, cost and revenue, developments, growth, and potential are all covered in the market research report for Electric Motor, along with a forecast for the years up to 2029. The primary driving forces for this market's growth are also thoroughly examined. The market has been thoroughly quantitatively analysed in this report, which provides details for developing strategies to increase growth and efficiency.

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Electric Motor Market size was valued at US$ 121.11 Bn in 2021 and the total revenue is expected to grow at 6.9 % through 2022 to 2029, reaching nearly US$ 206.55 Bn.

Electric Motor Market Overview:

The Electric Motor market decides all of the research for the business firm and also provides the most recent drivers, restraints, and opportunities for the Electric Motor market. The outcomes are then confirmed through conversations with top businessmen. Both paid and open-source data bases are used in the secondary inquiry and analysis of the same. The official government archives, third-party records, and, in the case of publicly listed firms, the company's financial reports are where information on each player's supply and consumption is acquired. Annual reports from businesses that do not make them available to the public can be obtained by contacting the local government's tax division.

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Electric Motor Market Key players:

• Johnson Electric Holdings Ltd.
• Baldor Electric Company, Inc.
• Ametek, Inc.
• Siemens AG
• Brook Crompton UK Ltd.
• Danaher Motion LLC
• Allied Motion Technologies Inc.
• Franklin Electric Co., Inc.
• ABB Group
• ARC Systems Inc.
• ASMO Co., Ltd.
• Dr. Fritz Faulhaber GmbH
• Emerson Electric
• Maxon Motor AG
• Regal Beloit Corporation

Key company and market share insights:

In this section, the main competitors are highlighted to the users. This research examines the primary growth strategies these players adopt to keep control, such as product portfolio strengthening, mergers and acquisitions, collaborations, new product innovations, and regional growth. The report provides important financial data, as well as current affairs and company objectives. The readers can also get more information about the manufacturers' global sales, costs, and profits from 2017 through 2022.

Electric Motor Market Segment:

The market for electric motors worldwide is divided into several types, including synchronous AC motors, induction motors, brushed DC motors, brushless DC motors, hermetic motors, and AC motors. In 2021, the AC Motor segment had the most market share at 70.7%.

The worldwide electric motor market is divided into IHP and FHP segments based on output power. The output segment with fractional horsepower (FHP) had the biggest market share in 2021 with 87.3%.

Electric Motor Market Regional Analysis:

North America
Europe
Asia-Pacific
South America
Middle East and Africa (MEA)

Electric Motor Market Country Level Analysis:

The Maximize Market Research (MMR) Electric Motor market report includes data on the United States, Canada, and Mexico in North America, Germany, Italy, the United Kingdom, France, Spain, the Netherlands, Belgium, Switzerland, Russia, and the rest of Europe in Europe. It also includes information on Japan, China, India, South Korea, Australia, Thailand, Indonesia, Philippines, and the rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Chile, and the rest of South America as parts of South America, as well as the United Arab Emirates, Saudi Arabia, Egypt, South Africa, and the rest of the Middle East and Africa (MEA) as parts of the Middle East and Africa (MEA).

Important Features of the Reports:

Thorough analysis of the market.
Electric Motor Market drivers, restraints, opportunities, and challenges region-wise.
Detailed explanations for market share and segmentation.
Current market trends and advancements

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In the fields of healthcare, pharmaceuticals, electronics, communications, the internet of things, food and beverage, aerospace and defence, and other manufacturing sectors, Maximize Market Research offers B2B and B2C research on 12,000 high-growth emerging technologies that present opportunities and threats to companies.

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About MAXIMIZE MARKET RESEARCH PVT. LTD.

Maximize Market Research provides B2B and B2C research on 12,500 high growth emerging opportunities & technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Bever

Contact Information

MAXIMIZE MARKET RESEARCH PVT. LTD.

3rd Floor, Navale IT park Phase 2,
Pune Banglore Highway,Narhe, Pune, Maharashtra , India.
411041
India
Phone : +91 9607365656
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Published in

Energy , Business

Published on

Nov 24, 2022

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