Electric Motor Market By Motor Type (Hermatic, Alternate Current, Direct Current), By Speed (Low, Medium, High), By Voltage Range (9V & below, 10V-20V, 21V-60V, 60V and above), By Output Power (Fractional Horsepower, Integral Horsepower), By Application (Industrial, Transportation, Commercial, Residential, Agriculture), Industry Trends, Estimation & Forecast, 2017 - 2025

August 2018

 Pages: 184

 ERC 3079


Electric motor market is expected to grow with a CAGR of 4% during the forecast period of 2018 to 2025.

An electric motor is one the crucial components which are used in the manufacturing of home appliances, compressors, robots, electric vehicles, locomotives and various heavy duty machinery as well. A continuous incorporation of modern machinery in the agriculture industry, especially in the developing countries, is significantly catalyzing the market growth. Apart from that, rising concerns regarding environmental contamination and depletion of conventional oil reservoirs is leading to the adoption of e-vehicles. Favorable government initiatives in order to promote the usage of e-vehicles can lead to an increased demand for electric motors in the automobile industry. For an instance, in India, Department of Heavy Industry has recently extended the demand incentives at Rs. 127.77 crore for purchase of over 1.11 lakh electric and hybrid vehicles under the FAME-India scheme. This scheme will support the hybrid/electric vehicles market development and its manufacturing eco-system to achieve self-sustenance in the country

Advent of highly efficient, compact electric motors, with longer operating life, low maintenance and high resistance to voltage fluctuations is alluring various consumer electronics manufacturers to deploy them within their products such as air conditioners, refrigerators, room coolers and many others. Apart from that a growing adoption of automation in the manufacturing industry has generated a steep demand for industrial robots and machine vision systems, which will eventually generate high demands for various types of DC and Synchronous motors.

Technological advancements and partnerships have emerged out as the key strategies which are adopted by the major market players to strengthen their foothold. For an instance, Siemens, which is a major market player, has recently formed a partnership with Rolls Royce and Airbus for developing a near-term flight demonstrator which will be a significant step forward in the development of hybrid-electric propulsion for commercial aircraft. In this partnership, Siemens will deliver electric motors and their power electronic control unit, as well as the inverter, DC/DC converter, and power distribution system for the E-FanX aircraft.

The report provides detailed qualitative and quantitative analysis of the electric motor market. Market size and forecast in terms of value and volume has been provided for the period - (2017 - 2025), for the segments namely motor type, speed, voltage range, output power and application in each of the major regions.

Electric Motor Market Player Analysis

The report presents detailed analysis of major players operating in electric motor market. Few of them include ABB, Brook Crompton UK Ltd, Ametek, Baldor Electric, Danaher Motion, Emerson Electric, Faulhaber Group, Regal Beloit Corporation, Johnson Electric Holdings, Maxon Motor AG, Siemens, ARC Systems, Inc., Asmo Co., Ltd., Rockwell Automation, Inc., TECO-Westinghouse, Franklin Electric, Huali, Nidec and Toshiba. A detailed coverage on these market players with information on their revenue from electric motor business, market share, gross margin and their growth strategies have been provided in the report.

Market Segmentation

Electric motor market is segmented on the basis of motor type, speed, voltage range, output power, application and geography. By motor type, the market is segmented as hermatic motor, alternate current motor and direct current motor. On the basis of speed, the market is segmented as low, medium and high. On the basis of voltage range, the market is segmented as 9V & below, 10V-20V, 21V-60V and 60V and above. On the basis of output power, the market is segmented as fractional horsepower and integral horsepower. On the basis of application, the market is categorized as industrial, transportation, commercial, residential and agriculture. Geographical coverage has been provided for each of the major regions including North America, Europe, Asia-Pacific, South America and Rest of the World.

Electric Motor Market Segmentation

By Motor Type
• Hermatic Motor
• Alternate Current Motor
• Direct Current Motor

By speed
• Low
• Medium
• High

By Voltage Range
• 9V & below
• 10V-20V
• 21V-60V
• 60V and above

By Output Power
• Fractional Horsepower
• Integral Horsepower

By Application
• Industrial
• Transportation
• Commercial
• Residential
• Agriculture

By Geography
• North America
o U.S.
o Canada
o Mexico
• Europe
o U.K.
o France
o Germany
o Italy
o Spain
o Rest of Europe
• Asia-Pacific
o China
o Japan
o India
o Korea
o Rest of APAC
• South America
o Brazil
o Rest of South America
• Rest of the World
o Middle East
o Africa

Electric Motor Market Key Players

• Brook Crompton UK Ltd
• Ametek
• Baldor Electric
• Danaher Motion
• Emerson Electric
• Faulhaber Group
• Regal Beloit Corporation
• Johnson Electric Holdings
• Maxon Motor AG
• Siemens
• ARC Systems, Inc.
• Asmo Co., Ltd.
• Rockwell Automation, Inc.
• TECO-Westinghouse
• Franklin Electric
• Huali
• Nidec
• Toshiba

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    What Information does this report contain?

    • What was the market size of the Electric Motor Market in 2017 and the expected market size by 2025, along with the growth rate?
    • An in-depth analysis of the current impacting factors, opportunities and challenges/restraints in the market
    • Which are the largest revenue generating products, services or regions and their comparative growth rate?
    • Which technology is in trend and how would it evolve during the forecast period (2017 - 2025)?
    • Which are the leading companies in the Electric Motor Market and their competitive positioning basis their market share, product portfolio, strategic attempts and business focus?

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