Press Release

United States Electric Motors Market is expected to grow at a robust CAGR of 4.66%

United States Electric Motors Market is expected to grow owing to industrial automation, driven by Industry 4.0 principles throughout the forecast period.

 

According to TechSci Research report, “United States Electric Motors Market – By Region, Competition, Forecast and Opportunities, 2018-2028”, the United States Electric Motors Market is expected to register robust growth during the forecast period. Electric motors constitute a substantial share of energy consumption in industrial and commercial sectors. Enterprises acknowledge that upgrading to more efficient motors can yield considerable energy savings and reduced operational costs in the long run. Consequently, there is an increasing demand for high-efficiency motors that facilitate organizations in achieving sustainability objectives and enhancing their financial performance.

 The shift towards industrial automation and the adoption of Industry 4.0 practices presents electric motor manufacturers with prospects to create intelligent motors and motor control systems. These motors can seamlessly incorporate sensors, IoT connectivity, and data analytics, facilitating predictive maintenance, optimizing energy efficiency, and enabling remote monitoring. Consequently, electric motors emerge as indispensable components in contemporary manufacturing and automation processes.

Based on motor type, the DC Motor segment is expected to dominate the market during the forecast period. DC motors are widely utilized in industrial automation due to their precise speed control and torque characteristics. They are commonly employed in conveyors, robotics, CNC machinery, and other automated systems. With the ongoing trend towards Industry 4.0 and smart manufacturing, the demand for DC motors in automation is expected to increase, particularly for applications requiring high precision and quick response. In the renewable energy sector, DC motors play a critical role in solar tracking systems, enabling the adjustment of solar panel orientation for optimized energy capture. As the solar energy market expands in the United States, the installation of solar farms and tracking systems contributes to the growth of the DC motor segment. Moreover, DC motors find application in medical devices and equipment such as MRI machines, infusion pumps, and laboratory automation systems. As the healthcare industry continues to advance, the demand for specialized DC motors in medical applications is projected to rise. Compliance with regulatory standards and efficiency requirements is essential in the DC motor segment, particularly as energy efficiency regulations become more stringent. Manufacturers must prioritize the design and production of motors that meet or exceed these standards to remain competitive. With the continuous growth and innovation in industrial automation, electric vehicle adoption, renewable energy, and other sectors, the DC motor segment is poised for sustained growth and technological advancement.

 

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Based on application, the Industrial segment is projected to dominate the market throughout the forecast period. Heating, Ventilation, and Air Conditioning (HVAC) systems in commercial and industrial buildings heavily rely on electric motors to power fans, blowers, and pumps. The increasing demand for energy-efficient HVAC solutions is stimulating the adoption of high-efficiency motors in this sector. Electric motors also play a crucial role in material handling equipment, including conveyor systems utilized in warehouses, distribution centers, and manufacturing plants. As the e-commerce and logistics industries continue to expand, the demand for efficient material handling systems and electric motors is growing accordingly. Moreover, the energy production sector heavily depends on electric motors for various applications such as generators, wind turbines, and hydropower systems. As the United States progressively transitions to cleaner energy sources, there is an increasing demand for electric motors in renewable energy projects. In food and beverage processing plants, electric motors are widely employed for mixing, packaging, and conveyor systems. The requirement for motors that comply with food safety standards and energy efficiency regulations drives the demand in this specific segment. Furthermore, electric motors find extensive usage in agricultural equipment such as tractors, irrigation systems, and grain handling. As the agricultural sector becomes more automated and efficient, the demand for electric motors in this industry is expected to witness significant growth. Compliance with energy efficiency standards and environmental regulations is a crucial aspect for manufacturers in the industrial segment, who must design motors that meet or surpass these standards in order to remain competitive.

 

Key market players in the United States Electric Motors Market are: -

  • Regal Beloit Corporation
  • Nidec Corporation
  • Siemens AG
  • WEG Electric Corporation
  • Emerson Electric Co.
  • ABB Group
  • Toshiba International Corporation
  • Rockwell Automation
  • Franklin Electric
  • Leeson Electric Corporation

 

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“The United States Electric Motors Market in South US is poised to be the dominant force in the industry. Multiple southern states, such as Texas and Florida, are currently enhancing their renewable energy capacities. Electric motors play a crucial role in the functionality of wind turbines and solar farms, enabling tracking, positioning, and power generation. The expanding renewable energy sector in the South creates significant market opportunities for electric motors.” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based global management consulting firm.

“United States Electric Motors Market Segmented By Motor Type (AC Motor and DC Motor), By Output Power (Integral Horsepower and Output & Fractional Horsepower), By Application (Industrial, HVAC, Medical Equipment, Industrial Machinery, Home Appliances and Others), By Voltage Rating (Low Voltage (Up to 690V), Medium Voltage (691V - 3300V) and High Voltage (Above 3300V)), By Region, and By Competition, 2018-2028,” has evaluated the future growth potential of United States Electric Motors Market and provides statistics & information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in United States Electric Motors Market.

 

 

Contact

Mr. Ken Mathews

Techsci Research LLC

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