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1003883

Electric Motor Market with COVID-19 Impact Analysis, By Type, By Output Power, By Application and By Region - Size, Share, & Forecast from 2021-2027

Published: | AnalystView Market Insights | 238 Pages | Delivery time: 2-3 business days

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Electric Motor Market with COVID-19 Impact Analysis, By Type, By Output Power, By Application and By Region - Size, Share, & Forecast from 2021-2027
Published: May 1, 2021
AnalystView Market Insights
Content info: 238 Pages
Delivery time: 2-3 business days
  • ALL
  • Description
  • Table of Contents
Description

REPORT HIGHLIGHT

The global electric motor market size was valued at USD 98.8 billion by 2019, growing with 6.1% CAGR during the forecast period, 2021-2027.

Electric Motor is the electro-mechanical machine that converts electrical energy into mechanical energy. The devices which produce rotational force are known as the motor. The working principle of the electric motor mainly depends on the interaction of magnetic and electric fields. The electric motor is mainly classified into two types. They are the AC motor and the DC motor. The AC motor takes alternating current as an input, whereas the DC motor takes direct current.

The electric motor has changed the framework of human society. In an electric car, the motor acts as both the motor and an alternator, the battery starts the motor, which supplies energy to the gears, which rotates the tires. This process happens after pressing the accelerator - the rotor gets pulled along by the rotating magnetic field, requiring more torque. In 2018, the global electric car fleet exceeded 5.1 million, up 2 million from the previous year and almost double the number of new electric car sales. According to the Environmental Impact Assessment (EIA), electric vehicle sales are projected to reach 43 million by the end of 2030.

Segmentation Analysis:

The electric motor market is segmented into motor type, output power, application, and region.

In terms of type, the global market is divided into AC, DC, and hermetic motors. AC motors have two sub-segments, which includes induction AC, and synchronous AC motor. Similarly, DC motor is further classified as brushed DC motor and brushless DC motor.

Based on output power, it is classified into integral horsepower (IHP) output and fractional horsepower (FHP) output.

In terms of application the global electric motor market is classified into industrial machinery, motor vehicles, heating, ventilating, and cooling equipment (HVAC), aerospace, household appliances, and other commercial applications.

Competitive Landscape:

Key players in the global electric motor market adopted partnership and product launch as its key developmental strategy to expand its business and improve its product portfolio. For instance, in January 2019, WEG S.A, and Spanish private firm, a leading provider of pork signed a partnership agreement. As per the agreement, a Spanish private firm installed W22 Magnet IE4 electric motors in the refrigeration system at the Manresa. Likewise, in December 2017, NORD Drivesystems Pvt. Ltd. introduced IE4, AC synchronous motors for food & beverage industries application. Through this introduction, the company aimed to expand its portfolio of PM synchronous motors.

Key features of the study:

This proposed research study on electric motor market provides market size (US$ million), compound annual growth rate (CAGR %) and forecast estimation (2020-2027), considering 2019 as the base year

The research report elucidates potential growth opportunities across different segments/countries and explains attractive investment proposition matrix for Electric Motor market

The overall report identifies new investment opportunities, challenges faced by established players, and growth factors to sustain in the Electric Motor market

Impact of COVID-19 on Electric Motor market size, forecast, CAGR, and market dynamics are discussed in detail under the research scope. Detailed insight on Electric Motor market post-COVID will also be covered.

In order to give the users of this report a comprehensive view on the Electric Motor market, we have also included competitive landscape and key innovator analysis for the Electric Motor market.

The study encompasses a growth prospect mapping analysis, wherein all the industry segments are benchmarked based on their market size, growth rate and product attractiveness.

The report offers detailed company profiling featuring major market participants who will help users to understand their financial information and strategic initiatives of players operating in the Electric Motor market.

In addition, the report also unveil the important acquisitions & mergers, collaborations & joint ventures, new product launch, research & development, regional expansion of major participants involved in the electric tooth brush market on global as well as regional level.

The GLOBAL ELECTRIC MOTOR MARKET report primarily caters to various stakeholders in this industry including suppliers, investors, new entrants, distributors, and financial analysts

SCOPE OF THE REPORT

The scope of this report covers the market by its major segments, which include as follows:

GLOBAL ELECTRIC MOTOR MARKET KEY PLAYERS

Siemens

Nidec Corporation

Wolong

WEG

ABB Ltd.

ARC Systems, Inc.

Asmo Co., Ltd.

Brook Crompton UK Ltd.

Emerson Electric Co

Bosch

GLOBAL ELECTRIC MOTOR MARKET, BY TYPE

AC

DC

GLOBAL ELECTRIC MOTOR MARKET, BY OUTPUT POWER

<1 HP

>1 HP

GLOBAL ELECTRIC MOTOR MARKET, APPLICATION

Industrial

Residential

Commercial

Agriculture

transportation

GLOBAL ELECTRIC MOTOR MARKET, BY REGION

North America

The U.S.

Canada

Europe

Germany

France

Italy

Spain

United Kingdom

Rest of Europe

Asia Pacific

India

China

South Korea

Japan

Singapore

Rest of APAC

Latin America

Brazil

Mexico

Argentina

Rest of LATAM

The Middle East and Africa

Saudi Arabia

United Arab Emirates

Rest of MEA

Table of Contents

TABLE OF CONTENT

1. Electric Motor Market Overview

  • 1.1. Study Scope

2. Executive Summary

  • 2.1. Market Snippet
    • 2.1.1. Market Snippet by Type
    • 2.1.2. Market Snippet by Output Power
    • 2.1.3. Market Snippet by Application
    • 2.1.4. Market Snippet by Region
  • 2.2. Competitive Insights

3. Electric Motor Key Market Trends

  • 3.1. Market Drivers
    • 3.1.1. Impact Analysis of Market Drivers
  • 3.2. Market Restraints
    • 3.2.1. Impact Analysis of Market Restraints
  • 3.3. Market Opportunities
  • 3.4. Market Future Trends

4. Electric Motor Industry Study

  • 4.1. Porter's Five Forces Analysis
  • 4.2. Marketing Strategy Analysis
  • 4.3. Growth Prospect Mapping
  • 4.4. Regulatory Framework Analysis

5. Electric Motor Market: COVID-19 Impact Analysis

  • 5.1. Pre-COVID-19 Impact Analysis
  • 5.2. Post-COVID-19 Impact Analysis
    • 5.2.1. Top Performing Segments
    • 5.2.2. Marginal Growth Segments
    • 5.2.3. Top Looser Segments
    • 5.2.4. Marginal Loss Segments

6. Electric Motor Market Landscape

  • 6.1. Market Share Analysis, 2019
  • 6.2. Key Innovators Analysis
  • 6.3. Breakdown Data, by Key Manufacturer
    • 6.3.1. Established Players' Analysis
    • 6.3.2. Emerging Players' Analysis

7. Electric Motor Market - By Type

  • 7.1. Overview
    • 7.1.1. Segment Share Analysis, By Type, 2020 & 2027 (%)
  • 7.2. AC
  • 7.3. DC

8. Electric Motor Market - By Output Power

  • 8.1. Overview
    • 8.1.1. Segment Share Analysis, By Output Power, 2020 & 2027 (%)
  • 8.2. <1 HP
  • 8.3. >1 HP

9. Electric Motor Market - By Application

  • 9.1. Overview
    • 9.1.1. Segment Share Analysis, By Application, 2020 & 2027 (%)
  • 9.2. Industrial
  • 9.3. Residential
  • 9.4. Commercial
  • 9.5. Agriculture
  • 9.6. transportation

10. Electric Motor Market- By Geography

  • 10.1. Introduction
    • 10.1.1. Segment Share Analysis, By Geography, 2020 & 2027 (%)
  • 10.2. North America
    • 10.2.1. Overview
    • 10.2.2. Key Manufacturers in North America
    • 10.2.3. North America Market Size and Forecast, By Country, 2016 - 2027 (US$ Million)
    • 10.2.4. North America Market Size and Forecast, By Type, 2016 - 2027 (US$ Million)
    • 10.2.5. North America Market Size and Forecast, By Output Power, 2016 - 2027 (US$ Million)
    • 10.2.6. U.S.
      • 10.2.6.1. Overview
      • 10.2.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
      • 10.2.6.3. U.S. Market Size and Forecast, By Type, 2016 - 2027 (US$ Million)
      • 10.2.6.4. U.S. Market Size and Forecast, By Output Power, 2016 - 2027 (US$ Million)
    • 10.2.7. Canada
      • 10.2.7.1. Overview
      • 10.2.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
      • 1.1.1.1. Canada Market Size and Forecast, By Type, 2016 - 2027 (US$ Million)
      • 1.1.1.2. Canada Market Size and Forecast, By Output Power, 2016 - 2027 (US$ Million)
  • 10.3. Europe
    • 10.3.1. Overview
    • 10.3.2. Key Manufacturers in Europe
    • 10.3.3. Europe Market Size and Forecast, By Country, 2016 - 2027 (US$ Million)
    • 10.3.4. Europe Market Size and Forecast, By Type, 2016 - 2027 (US$ Million)
    • 10.3.5. Europe Market Size and Forecast, By Output Power, 2016 - 2027 (US$ Million)
    • 10.3.6. Germany
      • 10.3.6.1. Overview
      • 10.3.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
      • 10.3.6.3. Germany Market Size and Forecast, By Type, 2016 - 2027 (US$ Million)
      • 10.3.6.4. Germany Market Size and Forecast, By Output Power, 2016 - 2027 (US$ Million)
    • 10.3.7. Italy
      • 10.3.7.1. Overview
      • 10.3.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
      • 10.3.7.3. Italy Market Size and Forecast, By Type, 2016 - 2027 (US$ Million)
      • 10.3.7.4. Italy Market Size and Forecast, By Output Power, 2016 - 2027 (US$ Million)
    • 10.3.8. United Kingdom
      • 10.3.8.1. Overview
      • 10.3.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
      • 10.3.8.3. United Kingdom Market Size and Forecast, By Type, 2016 - 2027 (US$ Million)
      • 10.3.8.4. United Kingdom Market Size and Forecast, By Output Power, 2016 - 2027 (US$ Million)
    • 10.3.9. France
      • 10.3.9.1. Overview
      • 10.3.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
      • 10.3.9.3. France Market Size and Forecast, By Type, 2016 - 2027 (US$ Million)
      • 10.3.9.4. France Market Size and Forecast, By Output Power, 2016 - 2027 (US$ Million)
    • 10.3.10. Rest of Europe
      • 10.3.10.1. Overview
      • 10.3.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
      • 10.3.10.3. Rest of the Europe Market Size and Forecast, By Type, 2016 - 2027 (US$ Million)
      • 10.3.10.4. Rest of the Europe Market Size and Forecast, By Output Power, 2016 - 2027 (US$ Million)
  • 10.4. Asia Pacific (APAC)
    • 10.4.1. Overview
    • 10.4.2. Key Manufacturers in Asia Pacific
    • 10.4.3. Asia Pacific Market Size and Forecast, By Country, 2016 - 2027 (US$ Million)
    • 10.4.4. Asia Pacific Market Size and Forecast, By Type, 2016 - 2027 (US$ Million)
    • 10.4.5. Asia Pacific Market Size and Forecast, By Output Power, 2016 - 2027 (US$ Million)
    • 10.4.6. India
      • 10.4.6.1. Overview
      • 10.4.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
      • 10.4.6.3. India Market Size and Forecast, By Type, 2016 - 2027 (US$ Million)
      • 10.4.6.4. India Market Size and Forecast, By Output Power, 2016 - 2027 (US$ Million)
    • 10.4.7. China
      • 10.4.7.1. Overview
      • 10.4.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
      • 10.4.7.3. China Market Size and Forecast, By Type, 2016 - 2027 (US$ Million)
      • 10.4.7.4. China Market Size and Forecast, By Output Power, 2016 - 2027 (US$ Million)
    • 10.4.8. Japan
      • 10.4.8.1. Overview
      • 10.4.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
      • 10.4.8.3. Japan Market Size and Forecast, By Type, 2016 - 2027 (US$ Million)
      • 10.4.8.4. Japan Market Size and Forecast, By Output Power, 2016 - 2027 (US$ Million)
    • 10.4.9. South Korea
      • 10.4.9.1. Overview
      • 10.4.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
      • 10.4.9.3. South Korea Market Size and Forecast, By Type, 2016 - 2027 (US$ Million)
      • 10.4.9.4. South Korea Market Size and Forecast, By Output Power, 2016 - 2027 (US$ Million)
    • 10.4.10. Rest of APAC
      • 10.4.10.1. Overview
      • 10.4.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
      • 10.4.10.3. Rest of APAC Market Size and Forecast, By Type, 2016 - 2027 (US$ Million)
      • 10.4.10.4. Rest of APAC Market Size and Forecast, By Output Power, 2016 - 2027 (US$ Million)
  • 10.5. Latin America
    • 10.5.1. Overview
    • 10.5.2. Key Manufacturers in Latin America
    • 10.5.3. Latin America Market Size and Forecast, By Country, 2016 - 2027 (US$ Million)
    • 10.5.4. Latin America Market Size and Forecast, By Type, 2016 - 2027 (US$ Million)
    • 10.5.5. Latin America Market Size and Forecast, By Output Power, 2016 - 2027 (US$ Million)
    • 10.5.6. Brazil
      • 10.5.6.1. Overview
      • 10.5.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
      • 10.5.6.3. Brazil Market Size and Forecast, By Type, 2016 - 2027 (US$ Million)
      • 10.5.6.4. Brazil Market Size and Forecast, By Output Power, 2016 - 2027 (US$ Million)
    • 10.5.7. Mexico
      • 10.5.7.1. Overview
      • 10.5.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
      • 10.5.7.3. Mexico Market Size and Forecast, By Type, 2016 - 2027 (US$ Million)
      • 10.5.7.4. Mexico Market Size and Forecast, By Output Power, 2016 - 2027 (US$ Million)
    • 10.5.8. Argentina
      • 10.5.8.1. Overview
      • 10.5.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
      • 10.5.8.3. Argentina Market Size and Forecast, By Type, 2016 - 2027 (US$ Million)
      • 10.5.8.4. Argentina Market Size and Forecast, By Output Power, 2016 - 2027 (US$ Million)
    • 10.5.9. Rest of LATAM
      • 10.5.9.1. Overview
      • 10.5.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
      • 10.5.9.3. Rest of LATAM Market Size and Forecast, By Type, 2016 - 2027 (US$ Million)
      • 10.5.9.4. Rest of LATAM Market Size and Forecast, By Output Power, 2016 - 2027 (US$ Million)
  • 10.6. Middle East and Africa
    • 10.6.1. Overview
    • 10.6.2. Key Manufacturers in Middle East and Africa
    • 10.6.3. Middle East and Africa Market Size and Forecast, By Country, 2016 - 2027 (US$ Million)
    • 10.6.4. Middle East and Africa Market Size and Forecast, By Type, 2016 - 2027 (US$ Million)
    • 10.6.5. Middle East and Africa Market Size and Forecast, By Output Power, 2016 - 2027 (US$ Million)
    • 10.6.6. Saudi Arabia
      • 10.6.6.1. Overview
      • 10.6.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
      • 10.6.6.3. Saudi Arabia Market Size and Forecast, By Type, 2016 - 2027 (US$ Million)
      • 10.6.6.4. Saudi Arabia Market Size and Forecast, By Output Power, 2016 - 2027 (US$ Million)
    • 10.6.7. United Arab Emirates
      • 10.6.7.1. Overview
      • 10.6.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
      • 10.6.7.3. United Arab Emirates Market Size and Forecast, By Type, 2016 - 2027 (US$ Million)
      • 10.6.7.4. United Arab Emirates Market Size and Forecast, By Output Power, 2016 - 2027 (US$ Million)

11. Key Vendor Analysis

  • 11.1. Competitive Dashboard
  • 11.2. Company Profiles
    • 11.2.1. Siemens
    • 11.2.2. Nidec Corporation
    • 11.2.3. Wolong
    • 11.2.4. WEG
    • 11.2.5. ABB Ltd.
    • 11.2.6. ARC Systems, Inc.
    • 11.2.7. Asmo Co., Ltd.
    • 11.2.8. Brook Crompton UK Ltd.
    • 11.2.9. Emerson Electric Co
    • 11.2.10. Bosch

12. 360 Degree AnalystView

13. Appendix

  • 13.1. Research Methodology
  • 13.2. References
  • 13.3. Abbreviations
  • 13.4. Disclaimer
  • 13.5. Contact Us

List of Tables

  • TABLE List of data sources
  • TABLE Market drivers; Impact Analysis
  • TABLE Market restraints; Impact Analysis
  • TABLE Electric Motor market: Types Snapshot (2019)
  • TABLE Segment Dashboard; Definition and Scope, by Types
  • TABLE Global Electric Motormarket, by Types 2016-2027 (USD Million)
  • TABLE Electric Motor market: Output Power Snapshot (2019)
  • TABLE Segment Dashboard; Definition and Scope, by Output Power
  • TABLE Global Electric Motor market, by Output Power2016-2027 (USD Million)
  • TABLE Electric Motor market: Regional snapshot (2019)
  • TABLE Segment Dashboard; Definition and Scope, by Region
  • TABLE Global Electric Motormarket, by Region 2016-2027 (USD Million)
  • TABLE North America Electric Motormarket, by Country, 2016-2027 (USD Million)
  • TABLE North America Electric Motor market, by Types, 2016-2027 (USD Million)
  • TABLE North America Electric Motor market, by Output Power, 2016-2027 (USD Million)
  • TABLE Europe Electric Motor market, by Country, 2016-2027 (USD Million)
  • TABLE Europe Electric Motor market, by Types, 2016-2027 (USD Million)
  • TABLE EuropeElectric Motor market, by Output Power, 2016-2027 (USD Million)
  • TABLE Asia Pacific Electric Motor market, by Country, 2016-2027 (USD Million)
  • TABLE Asia Pacific Electric Motor market, by Types, 2016-2027 (USD Million)
  • TABLE Asia Pacific Electric Motor market, by Output Power, 2016-2027 (USD Million)
  • TABLE Latin America Electric Motor market, by Country, 2016-2027 (USD Million)
  • TABLE Latin America Electric Motor market, by Type, 2016-2027 (USD Million)
  • TABLE Latin America Electric Motor market, by Output Power, 2016-2027 (USD Million)
  • TABLE Middle East and Africa Electric Motor market, by Country, 2016-2027 (USD Million)
  • TABLE Middle East and Africa Electric Motor market, by Type, 2016-2027 (USD Million)
  • TABLE Middle East and Africa Electric Motor market, by Output Power, 2016-2027 (USD Million)

List of Figures

  • FIGURE Electric Motormarket segmentation
  • FIGURE Market research methodology
  • FIGURE Value chain analysis
  • FIGURE Porter's Five Forces Analysis
  • FIGURE Market Attractiveness Analysis
  • FIGURE COVID-19 Impact Analysis
  • FIGURE Pre & Post COVID-19 Impact Comparision Study
  • FIGURE Competitive Landscape; Key company market share analysis, 2019
  • FIGURE Type segment market share analysis, 2020 & 2027
  • FIGURE Type segment market size forecast and trend analysis, 2016 to 2027 (USD Million)
  • FIGURE Output Power segment market share analysis, 2020 & 2027
  • FIGURE Output Power segment market size forecast and trend analysis, 2016 to 2027 (USD Million)
  • FIGURE Regional segment market share analysis, 2020 & 2027
  • FIGURE Regional segment market size forecast and trend analysis, 2016 to 2027 (USD Million)
  • FIGURE North America Electric Motor market share and leading players, 2019
  • FIGURE Europe Electric Motor market share and leading players, 2019
  • FIGURE Asia Pacific Electric Motormarket share and leading players, 2019
  • FIGURE Latin America Electric Motormarket share and leading players, 2019
  • FIGURE Middle East and Africa Electric Motormarket share and leading players, 2019
  • FIGURE North America market share analysis by country, 2019
  • FIGURE U.S. Electric Motor market size, forecast and trend analysis, 2016 to 2027 (USD Million)
  • FIGURE Canada Electric Motor market size, forecast and trend analysis, 2016 to 2027 (USD Million)
  • FIGURE Europe Electric Motor market share analysis by country, 2019
  • FIGURE Germany Electric Motor market size, forecast and trend analysis, 2016 to 2027 (USD Million)
  • FIGURE Spain Electric Motor market size, forecast and trend analysis, 2016 to 2027 (USD Million)
  • FIGURE Italy Electric Motor market size, forecast and trend analysis, 2016 to 2027 (USD Million)
  • FIGURE UK Electric Motor market size, forecast and trend analysis, 2016 to 2027 (USD Million)
  • FIGURE France Electric Motormarket size, forecast and trend analysis, 2016 to 2027 (USD Million)
  • FIGURE Rest of the Europe Electric Motor market size, forecast and trend analysis, 2016 to 2027 (USD Million)
  • FIGURE Asia Pacific Electric Motor market share analysis by country, 2019
  • FIGURE India Electric Motor market size, forecast and trend analysis, 2016 to 2027 (USD Million)
  • FIGURE China Electric Motor market size, forecast and trend analysis, 2016 to 2027 (USD Million)
  • FIGURE Japan Electric Motor market size, forecast and trend analysis, 2016 to 2027 (USD Million)
  • FIGURE South Korea Electric Motor market size, forecast and trend analysis, 2016 to 2027 (USD Million)
  • FIGURE Singapore Electric Motor market size, forecast and trend analysis, 2016 to 2027 (USD Million)
  • FIGURE Rest of APAC Electric Motor market size, forecast and trend analysis, 2016 to 2027 (USD Million)
  • FIGURE Latin America Electric Motor market size, forecast and trend analysis, 2016 to 2027 (USD Million)
  • FIGURE Latin America Electric Motor market share analysis by country, 2019
  • FIGURE Brazil Electric Motor market size, forecast and trend analysis, 2016 to 2027 (USD Million)
  • FIGURE Mexico Electric Motor market size, forecast and trend analysis, 2016 to 2027 (USD Million)
  • FIGURE Argentina Electric Motor market size, forecast and trend analysis, 2016 to 2027 (USD Million)
  • FIGURE Rest of LATAM Electric Motor market size, forecast and trend analysis, 2016 to 2027 (USD Million)
  • FIGURE Middle East and Africa Electric Motor market size, forecast and trend analysis, 2016 to 2027 (USD Million)
  • FIGURE Middle East and Africa Electric Motor market share analysis by country, 2019
  • FIGURE Saudi Arabia Electric Motor market size, forecast and trend analysis, 2016 to 2027 (USD Million)
  • FIGURE United Arab Emirates Electric Motor market size, forecast and trend analysis, 2016 to 2027 (USD Million)