Global Electric Motor Market

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Global Electric Motor Market is Estimated to Reach 173 Billion by 2024 Says Variant Market Research Global Electric Motor Market is estimated to reach 173 billion by 2024 growing at a CAGR of 5.7 from 2016 to 2024. Electric motors are a device driven by the magnetic force which transforms electric into mechanical energy. It is one of the biggest advancements in the field of technology and engineering. These brilliant discoveries inaugurated an era of active research and many new innovations have been developed ever since then. There are different types of motors developed for different purposes. Apart from basic types of motors several different types of motors have been developed with special features such as Stepper motor Linear Induction motor LIM and others designed according to the needs of the industry. Motors have a wide variety of uses and are found in cars hair dryers fans drills clocks fridges water pumps DVD players washing machine and industrial equipment including mills robots extruders and fork-lift trucks and among others. Browse Complete Report https://www.variantmarketresearch.com/report- categories/semiconductor-electronics/electric-motor-market Increasing automobile production along with increase in adoption of electric vehicles are the key factors for the growth of the market. Moreover growing application of induction motors and electronic motors replacing gas turbines in industrial plants are also expected to drive the market. However fluctuation in the price of electronics in emerging economies and shortage of raw material may hinder the growth of the market. Furthermore rapid commercialization and urbanization coupled with various on-going construction projects of

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mega cities and metro rails in emerging economies like Saudi Arabia and India would provide opportunity in the upcoming years. The global electric motor market is segmented based on the output power type application and geography. Output power segment is further bifurcated into FHP and IHP. By type segment it is segmented into AC motor DC motor and hermetic motor. Furthermore application is segmented into motor vehicle HVAC equipment machinery household appliances aerospace and commercial. Get Sample Report https://www.variantmarketresearch.com/report- categories/semiconductor-electronics/electric-motor-market/sample-request By geography the global electric motor market is segmented into North America Europe Asia-Pacific and Rest of the World RoW. The U.S. Mexico and Canada are covered under North America wherein Europe covers U.K Germany Russia and others. Asia-Pacific covers China India Australia and others. Rest of the World RoW covers South America Middle East and Africa. Key players of electric motor market are Schneider Electric SE Baldor Electric Company Siemens AG Kirloskar Electric Company Denso Corporation Bosch Group Toshiba International Corporation Rockwell Automation General Electric Company and ABB Ltd.

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Scope of Electric Motor Market Output Power Segments • FHP • IHP Type Segments • AC Motor • DC Motor • Hermetic Motor Application Segments • Motor Vehicle • HVAC Equipment • Machinery • Household Appliances • Aerospace • Commercial Geography Segments • North America o US o Canada o Mexico • Europe o Germany o France o United Kingdom o Spain o Others • Asia-Pacific o China

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o India o Japan o South Korea o Others • RoW o South America o Middle East o Africa Table of Content Chapter 1. Prefix 1.1 Market Scope 1.2 Report Description 1.3 Research Methodology 1.3.1 Primary Research 1.3.2 Secondary Research 1.3.3 In-house Data Modeling Chapter 2. Executive Summary Chapter 3. Market Outline 3.1 Market Inclination Trend Outlook and Viewpoint 3.2 Market Share Analysis: Company’s Competitive Scenario 3.3 Value Chain Analysis 3.4 Market Dynamics 3.4.1 Drivers

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3.4.1.1 Impact Analysis 3.4.2 Restraints 3.4.2.1 Impact Analysis 3.4.3 Opportunities 3.5 Porter’s five forces analysis 3.5.1 Factors Impact Analysis ……… …….. Chapter 8. Company Profiles 8.1 Schneider Electric SE 8.2 Baldor Electric Company 8.3 Siemens AG 8.4 Kirloskar Electric Company 8.5 Denso Corporation 8.6 Bosch Group 8.7 Toshiba International Corporation 8.8 Rockwell Automation 8.9 General Electric Company 8.10 ABB Ltd

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Contact Us : VARIANT MARKET RESEARCH LLP Web: https://www.variantmarketresearch.com/ USA Office: 649 Mission St. 5th Floor San Francisco CA 94105 United States. Tel: +1-415-680-2785 Fax: +1-415-680-2786 Email: helpvariantmarketresearch.com India Office Corporate Headquarter: Office No. FL No.7 Prakash Developers Survey no 34/A5 Wadgaon Sheri Nagar Road Pune – 411014 Tel: +91 20 65337795

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