Energy & Environment Industry Today
Electric Motors Market 2018: Global Key Players, Trends, Share, Industry Size, Growth, Opportunities, Forecast To 2022
Global Electric Motors Market Information Report by Type (AC, DC, Hermatic), By Output Power (Fractional Horsepower, Integral Horsepower), By Application (HVAC, Motor Vehicles, Industrial Machinery, Household Appliances, Others) And By Region - Global Forecast To 2022
Published 09 February 2018
Electric Motors Global Market – Overview
The Global Electric Motors Market is growing with the rapid pace; mainly due to the widespread adoption of electric motors across industries. According to a recent study report published by the Market Research Future, The Global Market of Electric Motors has increased its market growth in recent years and is expected to grow at a rapid pace during the forecast period. The global market of Electric Motors is forecasted to perceive a spurting growth by 2022, surpassing its previous growth records in terms of value with a striking CAGR during the anticipated period (2016 – 2022).
The global Electric motors market is majorly driven by increase in demand for energy efficient electric motors. The increase in environmental awareness is leading to greater adoption of the motors which provide energy efficiency, and thus contribute significantly to the growth of the electric motors market. The increase in the use of electric motors by the rapidly growing agricultural sector is also expected to contribute to the growth of the market. The increase in use of electric motors by various industrial machineries and household appliances is also expected to drive the growth of the market. The increasing use of the electric motors by various end-use industries and the booming automobile sector which is a major end-user of electric motors is expected to drive the market of the electric motors during the forecast period.
Electric motors are devices that work on the electro-magnetic induction principle by ensuring conversion of electrical energy into mechanical energy.
Electric Motors have brought about some of the biggest advancements in the fields of engineering and technology ever since its invention and have become a subject of extreme importance for modern engineers. Apart from agriculture Electric motors have found applications in numerous industries today, electrical motors’ wide range of industrial applications include Pump Drives (Solar & Conventional), Robotic Equipment, Railroad, Electric Vehicles (AGV’s, Tugs, Go Carts), Aerial Lifts, Amusement Rides, Automobile Lifts (Mobile and Floor Mounted) Exercise Equipment, Mobile HVAC, Chemical / Gas / Oil Pumping and so on.
Key Players
Market Highlights
One of the key drivers for the growth of Electric motors market is the increasing adoption of electric motors in the industrial machinery along with household appliances. The increase in need of more efficient electric motors for achieving efficiency in usage of energy along with cost effectiveness is driving the growth of the market. The electric motors are used in agricultural equipment. The growth of the agricultural sector and the increase in use of motor operated equipment in the agricultural sector is further expected to drive the demand of the electric motors market. The increase in awareness about the effect of greenhouse gases is also leading to a shift from conventional motors to the electric motors, which is expected to drive the global electric motors market during the forecast period. However, the growth of this market is expected to be restrained by the high cost of electric motors and the lack of awareness for use of electric motors.
Electric Motors Global Market - Competitive Analysis
The Global Electric Motors market is well established. Several large and small players having international presence adorn the market of Electric Motors. The market is expected to witness fierce competition during the forecast period. Well established players incorporate acquisition, collaboration, partnership, expansion, product launch in order to gain competitive advantage in this market and to maintain their market position. The Key players operating in this market emphasis upon the product innovation and new manufacturing processes which in turn is anticipated to fuel the already intensified competition during the forecast period. Electric Motors market demonstrates high growth prospect which is turn is attracting several new entrants to the market which is apparently anticipated to intensify the market competition.
Manufactures strive to offer standard and custom designed electric motors that can be useful for numerous application and can provide superior performance and offer long-term service for demanding, industrial power-source applications. Emphasizing on quality, using the latest production techniques and quality standards, insuring top quality and maximum performance manufactures try to deliver the products with the adept technologies, unrivalled design and features and based on a technology that is on a completely different level compared to their competition.
Get Complete Report @ https://www.marketresearchfuture.com/reports/electric-motors-market-2376
Table of Content
1 Executive Summary
2 Research Methodology
2.1 Scope Of The Study
2.1.1 Definition
2.1.2 Research Objective
2.1.3 Assumptions
2.1.4 Limitations
2.2 Research Process
2.2.1 Primary Research
2.2.2 Secondary Research
2.3 Market Size Estimation
2.4 Forecast Model
3 Market Dynamics
3.1 Market Drivers
3.2 Market Inhibitors
3.3 Supply/Value Chain Analysis
3.4 Porter’s Five Forces Analysis
4 Global Electric Motors Market, By Type
4.1 Introduction
4.2 AC
4.3 DC
4.4 Hermatic
5 Global Electric Motors Market, By Output Power
Continue………..
Enquire about this Report @ https://www.marketresearchfuture.com/enquiry/2376
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
Contact:
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune - 411028
Maharashtra, India
+1 646 845 9312
Email: sales@marketresearchfuture.com
The Global Electric Motors Market is growing with the rapid pace; mainly due to the widespread adoption of electric motors across industries. According to a recent study report published by the Market Research Future, The Global Market of Electric Motors has increased its market growth in recent years and is expected to grow at a rapid pace during the forecast period. The global market of Electric Motors is forecasted to perceive a spurting growth by 2022, surpassing its previous growth records in terms of value with a striking CAGR during the anticipated period (2016 – 2022).
The global Electric motors market is majorly driven by increase in demand for energy efficient electric motors. The increase in environmental awareness is leading to greater adoption of the motors which provide energy efficiency, and thus contribute significantly to the growth of the electric motors market. The increase in the use of electric motors by the rapidly growing agricultural sector is also expected to contribute to the growth of the market. The increase in use of electric motors by various industrial machineries and household appliances is also expected to drive the growth of the market. The increasing use of the electric motors by various end-use industries and the booming automobile sector which is a major end-user of electric motors is expected to drive the market of the electric motors during the forecast period.
Electric motors are devices that work on the electro-magnetic induction principle by ensuring conversion of electrical energy into mechanical energy.
Electric Motors have brought about some of the biggest advancements in the fields of engineering and technology ever since its invention and have become a subject of extreme importance for modern engineers. Apart from agriculture Electric motors have found applications in numerous industries today, electrical motors’ wide range of industrial applications include Pump Drives (Solar & Conventional), Robotic Equipment, Railroad, Electric Vehicles (AGV’s, Tugs, Go Carts), Aerial Lifts, Amusement Rides, Automobile Lifts (Mobile and Floor Mounted) Exercise Equipment, Mobile HVAC, Chemical / Gas / Oil Pumping and so on.
Key Players
- BB Group Ltd. (U.K.),
- Siemens AG (Germany),
- AMETEK Inc. (U.S.),
- ARC Systems Inc. (U.S.),
- Brook Crompton Americas (U.S.),
- Emerson Electric Co. (U.S.),
- Hitachi, Ltd. (Japan),
- General Electric Company (U.S.),
- Franklin Electric Co., Inc. (U.S.),
- Johnson Electric Holdings Limited (Hong Kong),
- Nidec Corporation (Japan),
- Maxon Motor AG (Switzerland) and others.
Market Highlights
One of the key drivers for the growth of Electric motors market is the increasing adoption of electric motors in the industrial machinery along with household appliances. The increase in need of more efficient electric motors for achieving efficiency in usage of energy along with cost effectiveness is driving the growth of the market. The electric motors are used in agricultural equipment. The growth of the agricultural sector and the increase in use of motor operated equipment in the agricultural sector is further expected to drive the demand of the electric motors market. The increase in awareness about the effect of greenhouse gases is also leading to a shift from conventional motors to the electric motors, which is expected to drive the global electric motors market during the forecast period. However, the growth of this market is expected to be restrained by the high cost of electric motors and the lack of awareness for use of electric motors.
Electric Motors Global Market - Competitive Analysis
The Global Electric Motors market is well established. Several large and small players having international presence adorn the market of Electric Motors. The market is expected to witness fierce competition during the forecast period. Well established players incorporate acquisition, collaboration, partnership, expansion, product launch in order to gain competitive advantage in this market and to maintain their market position. The Key players operating in this market emphasis upon the product innovation and new manufacturing processes which in turn is anticipated to fuel the already intensified competition during the forecast period. Electric Motors market demonstrates high growth prospect which is turn is attracting several new entrants to the market which is apparently anticipated to intensify the market competition.
Manufactures strive to offer standard and custom designed electric motors that can be useful for numerous application and can provide superior performance and offer long-term service for demanding, industrial power-source applications. Emphasizing on quality, using the latest production techniques and quality standards, insuring top quality and maximum performance manufactures try to deliver the products with the adept technologies, unrivalled design and features and based on a technology that is on a completely different level compared to their competition.
Get Complete Report @ https://www.marketresearchfuture.com/reports/electric-motors-market-2376
Table of Content
1 Executive Summary
2 Research Methodology
2.1 Scope Of The Study
2.1.1 Definition
2.1.2 Research Objective
2.1.3 Assumptions
2.1.4 Limitations
2.2 Research Process
2.2.1 Primary Research
2.2.2 Secondary Research
2.3 Market Size Estimation
2.4 Forecast Model
3 Market Dynamics
3.1 Market Drivers
3.2 Market Inhibitors
3.3 Supply/Value Chain Analysis
3.4 Porter’s Five Forces Analysis
4 Global Electric Motors Market, By Type
4.1 Introduction
4.2 AC
4.3 DC
4.4 Hermatic
5 Global Electric Motors Market, By Output Power
Continue………..
Enquire about this Report @ https://www.marketresearchfuture.com/enquiry/2376
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
Contact:
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune - 411028
Maharashtra, India
+1 646 845 9312
Email: sales@marketresearchfuture.com
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