PUBLISHER: IMARC | PRODUCT CODE: 1423426
PUBLISHER: IMARC | PRODUCT CODE: 1423426
Electric Motor Market Report by Motor Type, Voltage, Rated Power, Magnet Type (Ferrite, Neodymium, Samarium Cobalt ), Weight, Speed, Application, and Region 2024-2032
Abstract
The global electric motor market size reached US$ 111.3 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 153.1 Billion by 2032, exhibiting a growth rate (CAGR) of 3.5% during 2024-2032. The increasing emphasis on energy efficiency, favorable government initiatives, the rise of electric vehicles, emerging trend of industrial automation, significant technological progress, and cost competitiveness are some of the major factors propelling the market.
An electric motor is a device that converts electrical energy into mechanical energy, enabling the conversion of electrical power into physical motion. It operates on the principle of electromagnetism, where the interaction between electric currents and magnetic fields results in the generation of mechanical force. The key components of an electric motor include a stator and a rotor. The stator is the stationary part, typically made up of coils or windings, which produce a magnetic field when an electric current passes through them. The rotor, on the other hand, is the rotating part, often composed of permanent magnets or electromagnets. When an electric current flows through the stator windings, it creates a magnetic field that interacts with the magnetic field of the rotor, causing the rotor to spin.
As industries and consumers seek to reduce energy consumption and minimize their carbon footprint, there is a growing demand for energy-efficient solutions. Electric motors, compared to traditional combustion engines, are known for their higher efficiency and lower energy losses. The pursuit of sustainability and energy conservation has led to a rise in the adoption of electric motors in various applications, including electric vehicles, industrial machinery, and home appliances. Additionally, the global push for cleaner transportation alternatives has led to a rapid increase in the adoption of electric vehicles. Electric motors serve as the primary propulsion system in EVs, making them a critical component in the automotive sector's electrification efforts. Other than this, the ongoing industrial automation trend, driven by the need for increased productivity and precision, has escalated the demand for electric motors. Motors are essential components in robotics and automated machinery, enabling precise control and motion in manufacturing and logistics processes. As industries seek to enhance efficiency and reduce human intervention, the sales of electric motors in automation is set to accelerate. Besides this, with advancements in production processes and economies of scale, the cost of electric motors has become increasingly competitive compared to traditional alternatives. This cost-effectiveness has been instrumental in convincing businesses and consumers to shift towards electric motors in different applications, from industrial pumps and fans to household appliances. Moreover, governments worldwide are implementing stringent regulations and providing incentives to promote the adoption of electric vehicles and energy-efficient technologies. These policies aim to reduce greenhouse gas emissions and combat climate change. Subsidies, tax benefits, and stricter emission norms have significantly boosted the electric motor market's growth and encouraged manufacturers to develop innovative and eco-friendly motor solutions.
Electric Motor Market Trends/Drivers:
Increasing Emphasis on Energy Efficiency
Electric motors have emerged as a crucial component in addressing these concerns due to their higher efficiency and reduced energy losses compared to conventional combustion engines. The efficiency of an electric motor can exceed 90%, while internal combustion engines typically have efficiencies below 40%. In industrial applications, the drive for energy efficiency has led to the widespread adoption of electric motors in pumps, compressors, and other machinery. By using energy-efficient electric motors, businesses can lower their operational costs and minimize their environmental impact. Moreover, governments and regulatory bodies often encourage the use of energy-efficient motors through incentives and efficiency standards.
Government Initiatives and Regulations
Several countries have set ambitious goals to reduce greenhouse gas emissions and combat climate change, prompting the implementation of policies that promote the adoption of energy-efficient technologies, including electric motors. Various incentive programs, tax credits, and subsidies are offered to manufacturers and consumers to encourage the production and purchase of electric vehicles and energy-efficient appliances. These incentives not only create a demand pull for electric motors but also incentivize manufacturers to invest in research and development to produce more efficient and environmentally friendly motor technologies. Furthermore, emission norms and regulations on vehicle manufacturers have become more stringent, necessitating a shift towards electric mobility. As a result, automotive manufacturers are increasingly incorporating electric motors into their product portfolios, further driving the market.
Rising Demand for Electric Vehicles (EVs)
Electric motors serve as the primary propulsion system in EVs, and the demand for these motors has soared in tandem with the rise in electric vehicle adoption. Advancements in battery technology, resulting in improved energy storage and longer driving ranges, have made EVs more practical and appealing to consumers. The increased availability of charging infrastructure has further allayed concerns about range anxiety, boosting consumer confidence in electric vehicles. Governments and policymakers have played a pivotal role in accelerating the adoption of electric vehicles through a combination of financial incentives, subsidies, and regulatory support. As electric vehicles become more mainstream, the demand for electric motors used in EVs is expected to witness exponential growth, transforming the automotive industry and contributing significantly to the expansion of the electric motor market.
Electric Motor Industry Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the global electric motor market report, along with forecasts at the global and regional levels from 2024-2032. Our report has categorized the market based on motor type, voltage, rated power, magnet type, weight, speed and application.
Breakup by Motor Type:
AC Motor
Induction AC Motor
Synchronous AC Motor
DC Motor
Brushed DC Motor
Brushless DC Motor
Others
AC motors dominate the market
The report has provided a detailed breakup and analysis of the market based on the motor type. This includes AC motor (induction AC motor and synchronous AC motor), DC motor (brushed DC motor and brushless DC motor), and others. According to the report, AC motors represented the largest segment.
Breakup by Voltage:
Low Voltage Electric Motors
Medium Voltage Electric Motors
High Voltage Electric Motors
Low voltage electric motors hold the largest share in the market
A detailed breakup and analysis of the market based on the voltage has also been provided in the report. This includes low voltage electric motor, medium voltage electric motors, and high voltage electric motors According to the report, low voltage accounted for the largest market share.
Breakup by Rated Power:
Fractional Horsepower Motors
Fractional Horsepower (< 1/8) Motors
Fractional Horsepower (1/8 - 1/2) Motors
Fractional Horsepower (1/2 - 1) Motors
Integral Horsepower Motors
Integral Horsepower (1 - 5) Motors
Integral Horsepower (10 - 50) Motors
Integral Horsepower (50 - 100) Motors
Integral Horsepower (>100) Motors
Fractional horsepower dominates the market
The report has provided a detailed breakup and analysis of the market based on the fractional horsepower. This includes fractional horsepower motors [fractional horsepower (<1/8) motors, fractional horsepower (1/8 - 1/2) motors, and fractional horsepower (1/2 - 1) motors] and integrated horsepower motors (integral horsepower (1 - 5) motors, integral horsepower (10 - 50) motors, integral horsepower (50 - 100) motors, and integral horsepower (>100) motors). According to the report, fractional horsepower represented the largest segment.
Breakup by Magnet Type:
Ferrite
Neodymium (NdFeB)
Samarium Cobalt (SmCo5 and Sm2Co17)
Ferrite holds the largest share in the market
A detailed breakup and analysis of the market based on the magnet type has also been provided in the report. This includes ferrite, neodymium (NdFeB), and samarium cobalt (SmCo5 and Sm2Co17). According to the report, ferrite accounted for the largest market share.
Breakup by Weight:
Low Weight Motors
Medium Weight Motors
High Weight Motors
Low weight motors account for the majority of market share
The report has provided a detailed breakup and analysis of the market based on the weight. This includes low weight motors, medium weight motors, and high weight motors). According to the report, fractional horsepower represented the largest segment.
Breakup by Speed:
Ultra-High-Speed Motors
High-Speed Motors
Medium Speed Motors
Low Speed Motors
High-speed motors hold the largest share in the market
A detailed breakup and analysis of the market based on the speed has also been provided in the report. This includes ultra-high-speed motors, high-speed motors, medium-speed motors, and low speed motors. According to the report, ferrite accounted for the largest market share.
Breakup by Application:
Industrial Machinery
HVAC
Transportation
Household Appliances
Motor Vehicles
Aerospace
Marine
Robotics
Others
Industrial machinery represent the largest application segment
The report has provided a detailed breakup and analysis of the market based on the application. This includes industrial machinery, HVAC, transportation, household appliances, motor vehicles, aerospace, marine, robotics, and others. According to the report, industrial machinery represented the largest segment.
Breakup by Region:
Asia-Pacific
North America
Europe
Middle East and Africa
Latin America
Asia Pacific exhibits a clear dominance in the market
The report has also provided a comprehensive analysis of all the major regional markets, which include Asia Pacific, North America, Europe, Middle East and Africa, Latin America. According to the report, Asia Pacific was the largest market for electric motors.
The report has provided a comprehensive analysis of the competitive landscape in the market. Detailed profiles of all major companies have also been provided. Some of the key players in the market include:
ABB Group
Siemens AG
WEG SA
TECO
Regal Beloit Corporation
Nidec Corporation
Key Questions Answered in This Report
- 1. What was the size of the global electric motor market in 2023?
- 2. What is the expected growth rate of the global electric motor market during 2024-2032?
- 3. What are the key factors driving the global electric motor market?
- 4. What has been the impact of COVID-19 on the global electric motor market?
- 5. What is the breakup of the global electric motor market based on the motor type?
- 6. What is the breakup of the global electric motor market based on the voltage?
- 7. What is the breakup of the global electric motor market based on the rated power?
- 8. What is the breakup of the global electric motor market based on the magnet type?
- 9. What is the breakup of the global electric motor market based on the weight?
- 10. What is the breakup of the global electric motor market based on the speed?
- 11. What is the breakup of the global electric motor market based on the application?
- 12. What are the key regions in the global electric motor market?
- 13. Who are the key players/companies in the global electric motor market?
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Electric Motor Industry
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Breakup by Motor Type
- 5.5 Market Breakup by Voltage
- 5.6 Market Breakup by Rated Power
- 5.7 Market Breakup by Magnet Type
- 5.8 Market Breakup by Region
- 5.9 Market Breakup by Weight
- 5.10 Market Breakup by Speed
- 5.11 Market Breakup by Application
- 5.12 Market Forecast
6 Market Performance by Motor Type
- 6.1 AC Motor
- 6.1.1 Current and Historical Market Trends
- 6.1.2 Market Breakup by Type
- 6.1.2.1 Induction AC Motor
- 6.1.2.1.1 Market Trends
- 6.1.2.1.2 Market Forecast
- 6.1.2.2 Synchronous AC Motor
- 6.1.2.2.1 Market Trends
- 6.1.2.2.2 Market Forecast
- 6.1.2.1 Induction AC Motor
- 6.1.3 Market Forecast
- 6.2 DC Motor
- 6.2.1 Current and Historical Market Trends
- 6.2.2 Market Breakup by Type
- 6.2.2.1 Brushed DC Motor
- 6.2.2.1.1 Market Trends
- 6.2.2.1.2 Market Forecast
- 6.2.2.2 Brushless DC Motor
- 6.2.2.2.1 Market Trends
- 6.2.2.2.2 Market Forecast
- 6.2.2.1 Brushed DC Motor
- 6.2.3 Market Forecast
- 6.3 Others
- 6.3.1 Current and Historical Market Trends
- 6.3.2 Market Forecast
7 Market Performance by Voltage
- 7.1 Low Voltage Electric Motors
- 7.1.1 Current and Historical Market Trends
- 7.1.2 Market Forecast
- 7.2 Medium Voltage Electric Motors
- 7.2.1 Current and Historical Market Trends
- 7.2.2 Market Forecast
- 7.3 High Voltage Electric Motors
- 7.3.1 Current and Historical Market Trends
- 7.3.2 Market Forecast
8 Market Performance by Rated Power
- 8.1 Fractional Horsepower Motors
- 8.1.1 Current and Historical Market Trends
- 8.1.2 Market Forecast
- 8.2 Integral Horsepower Motors
- 8.2.1 Current and Historical Market Trends
- 8.2.2 Market Forecast
9 Market Performance by Fractional Horsepower
- 9.1 Fractional Horsepower (< 1/8) Motors
- 9.1.1 Current and Historical Market Trends
- 9.1.2 Market Forecast
- 9.2 Fractional Horsepower (1/8 - 1/2) Motors
- 9.2.1 Current and Historical Market Trends
- 9.2.2 Market Forecast
- 9.3 Fractional Horsepower (1/2 - 1) Motors
- 9.3.1 Current and Historical Market Trends
- 9.3.2 Market Forecast
10 Market Performance by Integral Horsepower
- 10.1 Integral Horsepower (1 - 5) Motors
- 10.1.1 Current and Historical Market Trends
- 10.1.2 Market Forecast
- 10.2 Integral Horsepower (10 - 50) Motors
- 10.2.1 Current and Historical Market Trends
- 10.2.2 Market Forecast
- 10.3 Integral Horsepower (50 - 100) Motors
- 10.3.1 Current and Historical Market Trends
- 10.3.2 Market Forecast
- 10.4 Integral Horsepower (>100) Motors
- 10.4.1 Current and Historical Market Trends
- 10.4.2 Market Forecast
11 Market Performance by Magnet Type
- 11.1 Ferrite
- 11.2 Neodymium (NdFeB)
- 11.3 Samarium Cobalt (SmCo5 and Sm2Co17)
12 Market Performance by Region
- 12.1 Asia-Pacific
- 12.1.1 Current and Historical Market Trends
- 12.1.2 Market Forecast
- 12.2 North America
- 12.2.1 Current and Historical Market Trends
- 12.2.2 Market Forecast
- 12.3 Europe
- 12.3.1 Current and Historical Market Trends
- 12.3.2 Market Forecast
- 12.4 Middle East and Africa
- 12.4.1 Current and Historical Market Trends
- 12.4.2 Market Forecast
- 12.5 Latin America
- 12.5.1 Current and Historical Market Trends
- 12.5.2 Market Forecast
13 Market Performance by Weight
- 13.1 Low Weight Motors
- 13.1.1 Current and Historical Market Trends
- 13.1.2 Market Forecast
- 13.2 Medium Weight Motors
- 13.2.1 Current and Historical Market Trends
- 13.2.2 Market Forecast
- 13.3 High Weight Motors
- 13.3.1 Current and Historical Market Trends
- 13.3.2 Market Forecast
14 Market Performance by Speed
- 14.1 Ultra-High-Speed Motors
- 14.1.1 Current and Historical Market Trends
- 14.1.2 Market Forecast
- 14.2 High-Speed Motors
- 14.2.1 Current and Historical Market Trends
- 14.2.2 Market Forecast
- 14.3 Medium Speed Motors
- 14.3.1 Current and Historical Market Trends
- 14.3.2 Market Forecast
- 14.4 Low Speed Motors
- 14.4.1 Current and Historical Market Trends
- 14.4.2 Market Forecast
15 Market Performance by Application
- 15.1 Industrial Machinery
- 15.1.1 Current and Historical Market Trends
- 15.1.2 Market Forecast
- 15.2 HVAC
- 15.2.1 Current and Historical Market Trends
- 15.2.2 Market Forecast
- 15.3 Transportation
- 15.3.1 Current and Historical Market Trends
- 15.3.2 Market Forecast
- 15.4 Household Appliances
- 15.4.1 Current and Historical Market Trends
- 15.4.2 Market Forecast
- 15.5 Motor Vehicles
- 15.5.1 Current and Historical Market Trends
- 15.5.2 Market Forecast
- 15.6 Aerospace
- 15.6.1 Current and Historical Market Trends
- 15.6.2 Market Forecast
- 15.7 Marine
- 15.7.1 Current and Historical Market Trends
- 15.7.2 Market Forecast
- 15.8 Robotics
- 15.8.1 Current and Historical Market Trends
- 15.8.2 Market Forecast
- 15.9 Others
- 15.9.1 Current and Historical Market Trends
- 15.9.2 Market Forecast
16 Competitive Landscape
- 16.1 Market Structure
- 16.2 Market Breakup by Key Players
17 Key Players Profiles
- 17.1 ABB Group
- 17.1.1 Company Overview
- 17.1.2 Company Description
- 17.1.3 Product Portfolio
- 17.1.4 Financials
- 17.1.5 Key Contacts
- 17.2 Siemens Ag
- 17.2.1 Company Overview
- 17.2.2 Company Description
- 17.2.3 Operations
- 17.2.4 Product Portfolio
- 17.2.5 Geographic Reach
- 17.2.6 Sales and Marketing
- 17.2.7 Strategy
- 17.2.8 Mergers and Acquisitions
- 17.2.9 SWOT Analysis
- 17.2.10 Financials
- 17.2.11 Key Contacts
- 17.3 WEG SA
- 17.3.1 Company Overview
- 17.3.2 Company Description
- 17.3.3 Product Portfolio
- 17.3.4 Financials
- 17.3.5 Key Contacts
- 17.4 TECO
- 17.4.1 Company Overview
- 17.4.2 Company Description
- 17.4.3 Product Portfolio
- 17.4.4 Financials
- 17.4.5 Key Contacts
- 17.5 Regal Beloit Corporation
- 17.5.1 Company Overview
- 17.5.2 Company Description
- 17.5.3 Product Portfolio
- 17.5.4 Operations
- 17.5.5 Geographic Reach
- 17.5.6 Sales and Marketing
- 17.5.7 Strategy
- 17.5.8 Mergers and Acquisitions
- 17.5.9 Financials
- 17.5.10 Key Contacts
- 17.6 Nidec Corporation
- 17.6.1 Company Overview
- 17.6.2 Company Description
- 17.6.3 Product Portfolio
- 17.6.4 Geographic Reach
- 17.6.5 Strategy
- 17.6.6 SWOT Analysis
- 17.6.7 Financials
- 17.6.8 Key Contacts
List of Figures
- Figure 1: Global: Electric Motors Market: Major Drivers and Challenges
- Figure 2: Global: Electric Motors Market: Sales Value (in Billion US$), 2018-2023
- Figure 3: Global: Electric Motors Market: Breakup by Motor Type (in %), 2023
- Figure 4: Global: Electric Motors Market: Breakup by Voltage (in %), 2023
- Figure 5: Global: Electric Motors Market: Breakup by Rated Power (in %), 2023
- Figure 6: Global: Fractional Horsepower Electric Motors Market: Breakup by Rated Power (in %), 2023
- Figure 7: Global: Integral Horsepower Electric Motors Market: Breakup by Rated Power (in %), 2023
- Figure 8: Global: Electric Motors Market: Breakup by Magnet Type (in %), 2023
- Figure 9: Global: Electric Motors Market: Breakup by Region (in %), 2023
- Figure 10: Global: Electric Motors Market: Breakup by Weight (in %), 2023
- Figure 11: Global: Electric Motors Market: Breakup by Speed (in %), 2023
- Figure 12: Global: Electric Motors Market: Breakup by Application (in %), 2023
- Figure 13: Global: Electric Motors Market Forecast: Sales Value (in Billion US$), 2024-2032
- Figure 14: Global: AC Motor Market: Sales Value (in Million US$), 2018 & 2023
- Figure 15: Global: AC Motor Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 16: Global: Induction AC Motor Market: Sales Value (in Million US$), 2018 & 2023
- Figure 17: Global: Induction AC Motor Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 18: Global: Synchronous AC Motor Market: Sales Value (in Million US$), 2018 & 2023
- Figure 19: Global: Synchronous AC Motor Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 20: Global: DC Motor Market: Sales Value (in Million US$), 2018 & 2023
- Figure 21: Global: DC Motor Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 22: Global: Brushed DC Motor Market: Sales Value (in Million US$), 2018 & 2023
- Figure 23: Global: Brushed DC Motor Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 24: Global: Brushless DC Motor Market: Sales Value (in Million US$), 2018 & 2023
- Figure 25: Global: Brushless DC Motor Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 26: Global: Other Motors Market: Sales Value (in Million US$), 2018 & 2023
- Figure 27: Global: Other Motors Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 28: Global: Low Voltage Electric Motor Market: Sales Value (in Million US$), 2018 & 2023
- Figure 29: Global: Low Voltage Electric Motor Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 30: Global: Medium Voltage Electric Motor Market: Sales Value (in Million US$), 2018 & 2023
- Figure 31: Global: Medium Voltage Electric Motor Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 32: Global: High Voltage Electric Motor Market: Sales Value (in Million US$), 2018 & 2023
- Figure 33: Global: High Voltage Electric Motor Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 34: Global: Electric Motors (with Fractional Horsepower) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 35: Global: Electric Motors (with Fractional Horsepower) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 36: Global: Electric Motors (with Integral Horsepower) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 37: Global: Electric Motor (with Integral Horsepower) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 38: Global: Electric Motors (Fractional Horsepower < 1/8) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 39: Global: Electric Motors (Fractional Horsepower < 1/8) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 40: Global: Electric Motors (Fractional Horsepower 1/8-1/2) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 41: Global: Electric Motors (Fractional Horsepower 1/8-1/2) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 42: Global: Electric Motors (Fractional Horsepower 1/2-1) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 43: Global: Electric Motors (Fractional Horsepower 1/2-1) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 44: Global: Electric Motors (Integral Horsepower 1 - 5) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 45: Global: Electric Motors (Integral Horsepower 1 - 5) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 46: Global: Electric Motors (Integral Horsepower 10 - 50) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 47: Global: Electric Motors (Integral Horsepower 10 - 50) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 48: Global: Electric Motors (Integral Horsepower 50 - 100) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 49: Global: Electric Motors (Integral Horsepower 50 - 100) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 50: Global: Electric Motors (Integral Horsepower >100) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 51: Global: Electric Motors (Integral Horsepower >100) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 52: Asia-Pacific: Electric Motor Market: Sales Value (in Million US$), 2018 & 2023
- Figure 53: Asia-Pacific: Electric Motor Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 54: North America: Electric Motor Market: Sales Value (in Million US$), 2018 & 2023
- Figure 55: North America: Electric Motor Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 56: Europe: Electric Motor Market: Sales Value (in Million US$), 2018 & 2023
- Figure 57: Europe: Electric Motor Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 58: Middle East and Africa: Electric Motor Market: Sales Value (in Million US$), 2018 & 2023
- Figure 59: Middle East and Africa: Electric Motor Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 60: Latin America: Electric Motor Market: Sales Value (in Million US$), 2018 & 2023
- Figure 61: Latin America: Electric Motor Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 62: Global: Low Weight Electric Motor Market: Sales Value (in Million US$), 2018 & 2023
- Figure 63: Global: Low Weight Electric Motor Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 64: Global: Medium Weight Electric Motor Market: Sales Value (in Million US$), 2018 & 2023
- Figure 65: Global: Medium Weight Electric Motor Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 66: Global: High Weight Electric Motor Market: Sales Value (in Million US$), 2018 & 2023
- Figure 67: Global: High Weight Electric Motor Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 68: Global: Ultra-High-Speed Electric Motor Market: Sales Value (in Million US$), 2018 & 2023
- Figure 69: Global: Ultra-High-Speed Electric Motor Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 70: Global: High-Speed Electric Motor Market: Sales Value (in Million US$), 2018 & 2023
- Figure 71: Global: High-Speed Electric Motor Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 72: Global: Medium Speed Electric Motor Market: Sales Value (in Million US$), 2018 & 2023
- Figure 73: Global: Medium Speed Electric Motor Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 74: Global: Low Speed Electric Motor Market: Sales Value (in Million US$), 2018 & 2023
- Figure 75: Global: Low Speed Electric Motor Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 76: Global: Electric Motor Market (Applications in Industrial Machinery): Sales Value (in Million US$), 2018 & 2023
- Figure 77: Global: Electric Motor Market (Applications in Industrial Machinery) Forecast: Sales Value (in Million US$), 2024-2032
- Figure 78: Global: Electric Motor Market (Applications in HVAC): Sales Value (in Million US$), 2018 & 2023
- Figure 79: Global: Electric Motor Market (Applications in HVAC) Forecast: Sales Value (in Million US$), 2024-2032
- Figure 80: Global: Electric Motor Market (Applications in Transportation): Sales Value (in Million US$), 2018 & 2023
- Figure 81: Global: Electric Motor Market (Applications in Transportation) Forecast: Sales Value (in Million US$), 2024-2032
- Figure 82: Global: Electric Motor Market (Applications in Household Appliances): Sales Value (in Million US$), 2018 & 2023
- Figure 83: Global: Electric Motor Market (Applications in Household Appliances) Forecast: Sales Value (in Million US$), 2024-2032
- Figure 84: Global: Electric Motor Market (Applications in Motor Vehicles): Sales Value (in Million US$), 2018 & 2023
- Figure 85: Global: Electric Motor Market (Applications in Motor Vehicles) Forecast: Sales Value (in Million US$), 2024-2032
- Figure 86: Global: Electric Motor Market (Applications in Aerospace Sector): Sales Value (in Million US$), 2018 & 2023
- Figure 87: Global: Electric Motor Market (Applications in Aerospace Sector) Forecast: Sales Value (in Million US$), 2024-2032
- Figure 88: Global: Electric Motor Market (Applications in Marine Sector): Sales Value (in Million US$), 2018 & 2023
- Figure 89: Global: Electric Motor Market (Applications in Marine Sector) Forecast: Sales Value (in Million US$), 2024-2032
- Figure 90: Global: Electric Motor Market (Applications in Robotics): Sales Value (in Million US$), 2018 & 2023
- Figure 91: Global: Electric Motor Market (Applications in Robotics) Forecast: Sales Value (in Million US$), 2024-2032
- Figure 92: Global: Electric Motor Market (Other Applications): Sales Value (in Million US$), 2018 & 2023
- Figure 93: Global: Electric Motor Market (Other Applications) Forecast: Sales Value (in Million US$), 2024-2032
- Figure 94: Global: Electric Motor Market: Breakup by Key Players (% by Revenues)
- Figure 95: Siemens AG: SWOT Analysis
- Figure 96: Nidec Corporation: SWOT Analysis
List of Tables
- Table 1: Global: Electric Motor Market: Key Industry Highlights, 2023 and 2032
- Table 2: Global: Electric Motor Market Forecast: Breakup by Motor Type (in Million US$), 2024-2032
- Table 3: Global: Electric Motor Market Forecast: Breakup by Voltage (in Million US$), 2024-2032
- Table 4: Global: Electric Motor Market Forecast: Breakup by Rated Power (in Million US$), 2024-2032
- Table 5: Global: Electric Motor Market Forecast: Breakup by Fractional Horsepower (in Million US$), 2024-2032
- Table 6: Global: Electric Motor Market Forecast: Breakup by Integral Horsepower (in Million US$), 2024-2032
- Table 7: Global: Electric Motor Market Forecast: Breakup by Region (in Million US$), 2024-2032
- Table 8: Global: Electric Motor Market Forecast: Breakup by Weight (in Million US$), 2024-2032
- Table 9: Global: Electric Motor Market Forecast: Breakup by Speed (in Million US$), 2024-2032
- Table 10: Global: Electric Motor Market Forecast: Breakup by Application (in Million US$), 2024-2032
- Table 11: Global: Electric Motor Market: Competitive Landscape
- Table 12: ABB Group: Product Portfolio (Motors Segment)
- Table 13: ABB Group: Key Financials (in Million US$), 2016-2020
- Table 14: ABB Group: Key Contacts
- Table 15: Siemens Ag: Product Portfolio (Motors Segment)
- Table 16: Siemens Ag: Key Financials (in Million US$), 2016-2020
- Table 17: Siemens Ag: Key Contacts
- Table 18: WEG SA: Product Portfolio (Motors Segment)
- Table 19: WEG SA: Key Financials (in Million US$), 2016-2020
- Table 20: WEG SA: Key Contacts
- Table 21: TECO: Product Portfolio (Motors Segment)
- Table 22: TECO: Key Financials (in Million US$), 2016-2020
- Table 23: TECO: Key Contacts
- Table 24: Regal Beloit Corporation: Product Portfolio (Motors Segment)
- Table 25: Regal Beloit Corporation: Key Financials (in Million US$), 2016-2020
- Table 26: Regal Beloit Corporation: Key Contacts
- Table 27: Nidec Corporation: Product Portfolio (Motors Segment)
- Table 28: Nidec Corporation: Key Financials (in Million US$), 2016-2020
- Table 29: Nidec Corporation: Key Contacts
