Electric Motor Market Overview

The report collects data on the overall Electric Motor Industry Size, including the revenue generated. The report analyses the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. The report covers the gathered data and analysis to make future projections and forecasts for the Electric Motor market.

The report covers individual Electric Motor players, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.

The global electric motor market size was valued at USD 128.35 billion in 2023 and is projected to grow from USD 137.12 billion in 2024 to USD 246.59 billion by 2032, exhibiting a CAGR of 7.61% during the forecast period. Asia Pacific dominated the electric motor market with a market share of 35.97% in 2023.

Market Analysis and Insights: Global Electric Motor Market

Regionally, the report analyzes the Electric Motor Markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Electric Motor market, with robust domestic demand, supportive policies, and a strong manufacturing base.

The Major Players Covered in The Electric Motor Market Report Are:

ABB Group
Siemens Ag
WEG SA
TECO
Regal Beloit Corporation
Nidec Corporation

Market Segmentation

Electric Motor market is split by Type and by Application. For 2024-2032, the Growth among segments provides accurate calculations and forecasts for sales by Type and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

By Motor Type

AC Motors

DC Motors

Hermetic Motors

By Power Output

Fractional Horsepower (Up to 1HP)

Integral Horsepower (Above 1HP)

By Voltage

Up to 1 kV

1 kV-6.6 kV

Above 6.6 kV

By Application

Industrial Machinery

Motor Vehicles

HVAC Equipment

Electrical Appliances

Others

By End-User

Industrial

Commercial

Residential

Agriculture

Transportation

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Market Segment by Region, Regional Analysis Covers

  • North America (United States, Canada, and Mexico)
  • Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
  • Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
  • South America (Brazil, Argentina, Colombia, and Rest of South America)
  • Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The Content of The Study Subjects Includes a Total of 6 Chapters:

  • Chapter 1, describes Electric Motor product scope, market overview, market estimation caveats, and base year.
  • Chapter 2, profiles the top manufacturers of Electric Motor, with price, sales, revenue, and global market share of Electric Motor from 2024 to 2024.
  • Chapter 3, the Electric Motor competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
  • In Chapter 4, the Electric Motor breakdown data are shown at the regional level to show the sales quantity, consumption value, and growth by region from 2024 to 2032.
  • Chapters 5 and 6, segment the sales by Type and application, with sales market share and growth rate by type, and application, from 2024 to 2032.

Questions Answered in The Electric Motor Market Research Report:

  • What is the Electric Motor market size?
  • What are the market driving factors behind the Electric Motor market?
  • What are the market trends and forecasts for the global Electric Motor market?
  • What are the trends and forecasts based on market research and analysis of Electric Motor market segmentation by type, application, and geography?
  • Which are the major global Electric Motor companies?
  • What is the CAGR and Revenue expected in the future?

Detailed TOC of Global Electric Motor Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2032

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1 Electric Motor Market Overview

1.1 Introduction

1.2 Market Analysis by Type

1.2.1 Overview: Global Revenue by Type: 2017 Versus 2021 Versus 2032

1.3 Market Analysis by Application

1.4 Global Market Size & Forecast

1.4.1 Global Sales in Value (2017 & 2021 & 2032)

1.4.2 Global Sales in Volume (2024-2032)

1.4.3 Global Price (2024-2032)

1.5 Global Production Capacity Analysis

1.5.1 Global Total Production Capacity (2024-2032)

1.5.2 Global Production Capacity by Geographic Region

1.6 Market Drivers, Restraints and Trends

1.6.1 Electric Motor Market Drivers

1.6.2 Electric Motor Market Restraints

1.6.3 Electric Motor Trends Analysis

2 Manufacturers Profiles

2.1 Manufacture 1

2.1.1 Manufacture 1 Details

2.1.2 Manufacture 1 Major Business

2.1.3 Manufacture 1 Electric Motor Product and Services

2.1.4 Manufacture 1 Electric Motor Sales, Price, Revenue, Gross Margin and Market Share (2024, 2020, 2021, and 2024)

2.2 Manufacture 2

2.2.1 Manufacture 2 Details

2.2.2 Manufacture 2 Major Business

2.2.3 Manufacture 2 Electric Motor Product and Services

2.2.4 Manufacture 2 Electric Motor Sales, Price, Revenue, Gross Margin and Market Share (2024, 2020, 2021, and 2024)

2.3 Manufacture 3

2.3.1 Manufacture 3 Details

2.3.2 Manufacture 3 Major Business

2.3.3 Manufacture 3 Electric Motor Product and Services

2.3.4 Manufacture 3 Electric Motor Sales, Price, Revenue, Gross Margin and Market Share (2024, 2020, 2021, and 2024)

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3 Electric Motor Breakdown Data by Manufacturer

3.1 Global Electric Motor Sales in Volume by Manufacturer (2024, 2020, 2021, and 2024)

3.2 Global Electric Motor Revenue by Manufacturer (2024, 2020, 2021, and 2024)

3.3 Key Manufacturer Market Position in Electric Motor

3.4 Market Concentration Rate

3.4.1 Top 3 Electric Motor Manufacturers Market Share in 2024

3.4.2 Top 6 Electric Motor Manufacturer Market Share in 2024

3.5 Global Electric Motor Production Capacity by Company: 2021 VS 2024

3.6 Manufacturer by Geography: Head Office and Electric Motor Production Site

3.7 New Entrant and Capacity Expansion Plans

3.8 Mergers & Acquisitions

4 Electric Motor Market Analysis by Region

4.1 Global Market Size by Region

4.1.1 Global Sales in Volume by Region (2024-2032)

4.1.2 Global Revenue by Region (2024-2032)

4.2 North America Electric Motor Revenue (2024-2032)

4.3 Europe Electric Motor Revenue (2024-2032)

4.4 Asia-Pacific Revenue (2024-2032)

4.5 South America Revenue (2024-2032)

4.6 Middle East and Africa Revenue (2024-2032)

5 Electric Motor Market Segment by Type

5.1 Global Sales in Volume by Type (2024-2032)

5.2 Global Revenue by Type (2024-2032)

5.3 Global Price by Type (2024-2032)

6 Electric Motor Market Segment by Application

6.1 Global Sales in Volume by Application (2024-2032)

6.2 Global Revenue by Application (2024-2032)

6.3 Global Price by Application (2024-2032)

7 North America by Country, by Type, and by Application

7.1 North America Electric Motor Sales by Type (2024-2032)

7.2 North America Electric Motor Sales by Application (2024-2032)

7.3 North America Electric Motor Market Size by Country

7.3.1 North America Electric Motor Sales in Volume by Country (2024-2032)

7.3.2 North America Electric Motor Revenue by Country (2024-2032)

7.3.3 United States Market Size and Forecast (2024-2032)

7.3.4 Canada Market Size and Forecast (2024-2032)

7.3.5 Mexico Market Size and Forecast (2024-2032)

8 Europe by Country, by Type, and by Application

8.1 Europe Electric Motor Sales by Type (2024-2032)

8.2 Europe Electric Motor Sales by Application (2024-2032)

8.3 Europe Electric Motor Market Size by Country

8.3.1 Europe Electric Motor Sales in Volume by Country (2024-2032)

8.3.2 Europe Electric Motor Revenue by Country (2024-2032)

8.3.3 Germany Market Size and Forecast (2024-2032)

8.3.4 France Market Size and Forecast (2024-2032)

8.3.5 United Kingdom Market Size and Forecast (2024-2032)

8.3.6 Russia Market Size and Forecast (2024-2032)

8.3.7 Italy Market Size and Forecast (2024-2032)

9 Asia-Pacific by Region, by Type, and by Application

9.1 Asia-Pacific Electric Motor Sales by Type (2024-2032)

9.2 Asia-Pacific Electric Motor Sales by Application (2024-2032)

9.3 Asia-Pacific Electric Motor Market Size by Region

9.3.1 Asia-Pacific Electric Motor Sales in Volume by Region (2024-2032)

9.3.2 Asia-Pacific Electric Motor Revenue by Region (2024-2032)

9.3.3 China Market Size and Forecast (2024-2032)

9.3.4 Japan Market Size and Forecast (2024-2032)

9.3.5 Korea Market Size and Forecast (2024-2032)

9.3.6 India Market Size and Forecast (2024-2032)

9.3.7 Southeast Asia Market Size and Forecast (2024-2032)

9.3.8 Australia Market Size and Forecast (2024-2032)

10 South America by Region, by Type, and by Application

10.1 South America Electric Motor Sales by Type (2024-2032)

10.2 South America Electric Motor Sales by Application (2024-2032)

10.3 South America Electric Motor Market Size by Country

10.3.1 South America Electric Motor Sales in Volume by Country (2024-2032)

10.3.2 South America Electric Motor Revenue by Country (2024-2032)

10.3.3 Brazil Market Size and Forecast (2024-2032)

10.3.4 Argentina Market Size and Forecast (2024-2032)

11 Middle East & Africa by Country, by Type, and by Application

11.1 Middle East & Africa Electric Motor Sales by Type (2024-2032)

11.2 Middle East & Africa Electric Motor Sales by Application (2024-2032)

11.3 Middle East & Africa Electric Motor Market Size by Country

11.3.1 Middle East & Africa Electric Motor Sales in Volume by Country (2024-2032)

11.3.2 Middle East & Africa Electric Motor Revenue by Country (2024-2032)

11.3.3 Turkey Market Size and Forecast (2024-2032)

11.3.4 Egypt Market Size and Forecast (2024-2032)

11.3.5 Saudi Arabia Market Size and Forecast (2024-2032)

11.3.6 South Africa Market Size and Forecast (2024-2032)

12 Raw Material and Industry Chain

12.1 Raw Material of Electric Motor and Key Manufacturers

12.2 Manufacturing Costs Percentage of Electric Motor

12.3 Electric Motor Production Process

12.4 Electric Motor Industrial Chain

13 Sales Channel, Distributors, Traders and Dealers

13.1 Sales Channel

13.1.1 Direct Marketing

13.1.2 Indirect Marketing

13.2 Electric Motor Typical Distributors

13.3 Electric Motor Typical Customers

14 Research Findings and Conclusion

15 Appendix

15.1 Methodology

15.2 Research Process and Data Source

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