Electric Motor Market By Type (AC Motors, DC Motors and Hermetic Motors), By End Use (Residential, Commercial, Industrial, Transportation and Others), By Output Power (Above 1HP and Upto 1HP), By Region, Competition Forecast & Opportunities, 2016-2026

  • Industry : Power
  • Pages : 110
  • Published Date : March, 2021
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Summary

Report Description

Global Electric Motor Market stood at USD109.39 billion in 2020 and is forecast to grow at a CAGR of over 6.28% until 2026, owing to the increasing global electricity consumption and increasing demand from the automotive and railways industry. Moreover, the growing heating, ventilation, and air conditioning industry (HVAC), especially in the Asia-Pacific region is expected to positively influence the Global Electric Motor Market in the coming years.

In terms of type, the market can be bifurcated into AC motors, DC motors and hermetic motors. AC motors dominated the market in 2020 and is expected to maintain its market dominance during the forecast period, backed by the wide usage in the residential and industrial sectors. By output power, the market is segmented into above 1HP and up to 1HP. Up to 1HP segment is propelling the demand owing to its usage in various small-scale industries such as home appliances, paper and pulp industries, textile mills, healthcare and other applications.

Based on end-use, the market can be segmented into residential, commercial, industrial, transportation and others. The industrial sector accounts for the largest market share, due to the increasing urbanization, increasing per capita economy and development in technology. Industrial development plays an important role in the growth of a country’s economy, which comprises of competition among big and small players, spending capability of consumers, partnerships and collaborations, investments, mergers & acquisitions, and development of new projects. Moreover, increasing demand from the HVAC industry has also upsurged the demand for electric motors.

The global automotive industry is progressing toward electric mobility with critical changes in electric vehicle innovation. In Europe, the proactive measures have been taken for the decarbonization of society that are promoting the increased usage of electric vehicles that use electric motors. Improvements in battery innovations have brought down battery costs and improved their charging speed. Furthermore, increasing government initiatives such as tax redemption and policies to promote environment friendly electric vehicles that utilize electric motors will fuel the electric motor market.

Asia-Pacific is the largest contributor with around 37% value share in 2020 in the Global Electric Motor Market. China is the largest contributing country in the region with a 52.83% share, followed by Japan, India, and South Korea. Growing urbanization and infrastructure projects in China are contributing to the country’s leading market position. Some of the major players in the Global Electric Motor Market include ABB Limited, Siemens AG, Johnson Electric Holdings Limited, Rockwell Automation Incorporation, Nidec Corporation among others.

Years Considered for this Report:

Historical Years: 2016-2019

Base Year: 2020

Estimated Year: 2021

Forecast Period: 2022-2026

Objective of the Study:

·     The primary objective of the study is to understand and gain insights about Global Electric Motor Market by value and its segmental analysis by type, by end use, by output power, and by company from 2016-2026.

  • To analyze historical growth in market size of Global Electric Motor Market from 2016 to 2020.
  • To estimate and forecast the market size of Global Electric Motor Market from 2021 to 2026 and growth rate until 2026.
  • To categorize and forecast Global Electric Motor Market by type – AC motor, DC motor and hermetic motor.
  • To categorize and forecast Global Electric Motor Market by end use – Residential, commercial, industrial, transportation and others.
  • To categorize and forecast Global Electric Motor Market by output power – above 1HP and up to 1HP.
  • To categorize and forecast Global Electric Motor Market by region such as Asia-Pacific, Europe, North America, South America and Middle East & Africa.
  • To identify major drivers & challenges for Global Electric Motor Market.
  • To identify major trends in Global Electric Motor Market.
  • To profile major companies operating in Global Electric Motor Market.

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To analyze and forecast Global Electric Motor Market, both top-down and bottom-up approaches have been used. Multiple employees from the leading companies have been interviewed through telephonic conversations to extract and verify the information being collected at the source. A brief study of the major players operating in Global Electric Motor Market was also undertaken. Moreover, a detailed and in-depth scrutiny of information was done to understand each policy and external or internal factor which could increase or decrease the demand for electric motors, globally. To extract data, primary surveys were conducted with key players and stakeholders in the industry. The future plans of major players were studied and projects which have commissioned in the country were identified.

Various secondary sources such as white papers and secondary literature on electric motors, National Bureau of Statistics of China, Central Statistics Office India, Canada Statistics, MEED, General Authority for Statistics of Saudi Arabia, annual reports, investor presentation, International Monetary Fund and World Bank were also studied by TechSci Research.

Key Target Audience:

  • Electric Motor manufacturers, distributors and other stakeholders
  • Maintenance & repair companies

·         Organizations, forums and alliances related to Electric Motor Market

·         Government bodies such as regulating authorities and policy makers

·         Market research and consulting firms

The study is essential in delivering useful information to industry stakeholders such as manufacturing companies, assembling companies, distributors and end users related to Electric Motor Market. The report also provides useful insights about which market segments should be targeted over the coming years in order to strategize investments and capitalize on growth opportunities in specific market segments and geographies.

Report Scope:

In this report, Global Electric Motor Market has been segmented into the following categories in addition to the industry trends which have also been listed below:

  • Global Electric Motor Market, by Type:
    • AC motors
    • DC motors
    • Hermetic motors
  • Global Electric Motor Market, by End Use:
    • Residential
    • Commercial
    • Industrial
    • Transportation
    • Others
  • Global Electric Motor Market, by Output Power:
    • Above 1HP
    • UP to 1HP

·         Global Electric Motor Market, by Region:

    • Asia-Pacific
      • China
      • Japan
      • India
      • South Korea
      • Australia
    • Europe
      • Germany
      • Italy
      • Spain
      • France
      • Russia
    • North America
      • United States
      • Canada
      • Mexico
    • South America
      • Brazil
      • Argentina
      • Colombia
    • Middle East & Africa
      • Saudi Arabia
      • UAE
      • South Africa
      • Iran

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Global Electric Motor Market.

Voice of Customer: Brand awareness, brand satisfaction, price and availability are the major factors affecting decisions related to electric motors for various users, globally.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

Detailed analysis and profiling of additional market players (up to five).

Table of content

1.       Product Overview

2.       Research Methodology

3.       Impact of COVID-19 on Global Electric Motor Market

4.       Executive Summary

5.       Voice of Customer

6.       Global Electric Motor Market Outlook

6.1.    Market Size & Forecast

6.1.1.By Value

6.2.    Market Share & Forecast

6.2.1.     By Type (AC Motors; DC Motors and Hermetic Motors)

6.2.2.     By End Use (Residential, Commercial, Industrial, Transportation and Others)

6.2.3.     By Output Power (Above 1HP, Up to 1HP)

6.2.4.     By Region (Asia-Pacific; Europe; North America; South America; Middle East & Africa)

6.2.5.     By Company (2020)

6.3.    Product Map (By Type; By End Use; By Output Power; By Region)

7.       Asia-Pacific Electric Motor Market Outlook

7.1.    Market Size & Forecast

7.1.1.By Value

7.2.    Market Share & Forecast

7.2.1.By Type

7.2.2.By End Use

7.2.3.By Output Power

7.2.4.By Country

7.3.    Product Map

7.4.   Asia-Pacific Electric Motor Market Regional Analysis

7.4.1.       China Electric Motor Market Outlook

7.4.1.1.              Market Size & Forecast

7.4.1.1.1.                    By Value

7.4.1.2.              Market Share & Forecast

7.4.1.2.1.                    By Type

7.4.1.2.2.                    By End Use

7.4.1.2.3.                    By Output Power

7.4.2.       Japan Electric Motor Market Outlook

7.4.2.1.              Market Size & Forecast

7.4.2.1.1.                    By Value

7.4.2.2.              Market Share & Forecast

7.4.2.2.1.                    By Type

7.4.2.2.2.                    By End Use

7.4.2.2.3.                    By Output Power

7.4.3.       India Electric Motor Market Outlook

7.4.3.1.              Market Size & Forecast

7.4.3.1.1.                    By Value

7.4.3.2.              Market Share & Forecast

7.4.3.2.1.                    By Type

7.4.3.2.2.                    By End Use

7.4.3.2.3.                    By Output Power

7.4.4.       South Korea Electric Motor Market Outlook

7.4.4.1.              Market Size & Forecast

7.4.4.1.1.                    By Value

7.4.4.2.              Market Share & Forecast

7.4.4.2.1.                    By Type

7.4.4.2.2.                    By End Use

7.4.4.2.3.                    By Output Power

7.4.5.       Australia Electric Motor Market Outlook

7.4.5.1.              Market Size & Forecast

7.4.5.1.1.                    By Value

7.4.5.2.              Market Share & Forecast

7.4.5.2.1.                    By Type

7.4.5.2.2.                    By End Use

7.4.5.2.3.                    By Output Power

8.       Europe Electric Motor Market Outlook

8.1.    Market Size & Forecast

8.1.1.By Value

8.2.    Market Share & Forecast

8.2.1.By Type

8.2.2.By End Use

8.2.3.By Output Power

8.2.4.By Country

8.3.    Product Map

8.4.   Europe Electric Motor Market Regional Analysis

8.4.1.       Germany Electric Motor Market Outlook

8.4.1.1.              Market Size & Forecast

8.4.1.1.1.                    By Value

8.4.1.2.              Market Share & Forecast

8.4.1.2.1.                    By Type

8.4.1.2.2.                    By End Use

8.4.1.2.3.                    By Output Power

8.4.2.       Italy Electric Motor Market Outlook

8.4.2.1.              Market Size & Forecast

8.4.2.1.1.                    By Value

8.4.2.2.              Market Share & Forecast

8.4.2.2.1.                    By Type

8.4.2.2.2.                    By End Use

8.4.2.2.3.                    By Output Power

8.4.3.       Spain Electric Motor Market Outlook

8.4.3.1.              Market Size & Forecast

8.4.3.1.1.                    By Value

8.4.3.2.              Market Share & Forecast

8.4.3.2.1.                    By Type

8.4.3.2.2.                    By End Use

8.4.3.2.3.                    By Output Power

8.4.4.       France Electric Motor Market Outlook

8.4.4.1.              Market Size & Forecast

8.4.4.1.1.                    By Value

8.4.4.2.              Market Share & Forecast

8.4.4.2.1.                    By Type

8.4.4.2.2.                    By End Use

8.4.4.2.3.                    By Output Power

8.4.5.       Russia Electric Motor Market Outlook

8.4.5.1.              Market Size & Forecast

8.4.5.1.1.                    By Value

8.4.5.2.              Market Share & Forecast

8.4.5.2.1.                    By Type

8.4.5.2.2.                    By End Use

8.4.5.2.3.                    By Output Power

9.       North America Electric Motor Market Outlook

9.1.    Market Size & Forecast

9.1.1.By Value

9.2.    Market Share & Forecast

9.2.1.By Type

9.2.2.By End Use

9.2.3.By Output Power

9.2.4.By Country

9.3.    Product Map

9.4.   North America Electric Motor Market Regional Analysis

9.4.1.       United States Electric Motor Market Outlook

9.4.1.1.              Market Size & Forecast

9.4.1.1.1.                    By Value

9.4.1.2.              Market Share & Forecast

9.4.1.2.1.                    By Type

9.4.1.2.2.                    By End Use

9.4.1.2.3.                    By Output Power

9.4.2.       Canada Electric Motor Market Outlook

9.4.2.1.              Market Size & Forecast

9.4.2.1.1.                    By Value

9.4.2.2.              Market Share & Forecast

9.4.2.2.1.                    By Type

9.4.2.2.2.                    By End Use

9.4.2.2.3.                    By Output Power

9.4.3.       Mexico Electric Motor Market Outlook

9.4.3.1.              Market Size & Forecast

9.4.3.1.1.                    By Value

9.4.3.2.              Market Share & Forecast

9.4.3.2.1.                    By Type

9.4.3.2.2.                    By End Use

9.4.3.2.3.                    By Output Power

10.   Middle East & Africa Electric Motor Market Outlook

10.1.                     Market Size & Forecast

10.1.1.    By Value

10.2.                     Market Share & Forecast

10.2.1.    By Type

10.2.2.    By End Use

10.2.3.    By Output Power

10.2.4.    By Country

10.3.                     Product Map

10.4.                     Middle East & Africa Electric Motor Market Regional Analysis

10.4.1.   Saudi Arabia Electric Motor Market Outlook

10.4.1.1.          Market Size & Forecast

10.4.1.1.1.                 By Value

10.4.1.2.          Market Share & Forecast

10.4.1.2.1.                 By Type

10.4.1.2.2.                 By End Use

10.4.1.2.3.                 By Output Power

10.4.2.   UAE Electric Motor Market Outlook

10.4.2.1.          Market Size & Forecast

10.4.2.1.1.                 By Value

10.4.2.2.          Market Share & Forecast

10.4.2.2.1.                 By Type

10.4.2.2.2.                 By End Use

10.4.2.2.3.                 By Output Power

10.4.3.   South Africa Electric Motor Market Outlook

10.4.3.1.          Market Size & Forecast

10.4.3.1.1.                 By Value

10.4.3.2.          Market Share & Forecast

10.4.3.2.1.                 By Type

10.4.3.2.2.                 By End Use

10.4.3.2.3.                 By Output Power

10.4.4.   Iran Electric Motor Market Outlook

10.4.4.1.          Market Size & Forecast

10.4.4.1.1.                 By Value

10.4.4.2.          Market Share & Forecast

10.4.4.2.1.                 By Type

10.4.4.2.2.                 By End Use

10.4.4.2.3.                 By Output Power

11.   South America Electric Motor Market Outlook

11.1.                     Market Size & Forecast

11.1.1.    By Value

11.2.                     Market Share & Forecast

11.2.1.    By Type

11.2.2.    By End Use

11.2.3.    By Output Power

11.2.4.    By Country

11.3.                     Product Map

11.4.                     South America Electric Motor Market Regional Analysis

11.4.1.   Brazil Electric Motor Market Outlook

11.4.1.1.          Market Size & Forecast

11.4.1.1.1.                 By Value

11.4.1.2.          Market Share & Forecast

11.4.1.2.1.                 By Type

11.4.1.2.2.                 By End Use

11.4.1.2.3.                 By Output Power

11.4.2.   Argentina Electric Motor Market Outlook

11.4.2.1.          Market Size & Forecast

11.4.2.1.1.                 By Value

11.4.2.2.          Market Share & Forecast

11.4.2.2.1.                 By Type

11.4.2.2.2.                 By End Use

11.4.2.2.3.                 By Output Power

11.4.3.   Colombia Electric Motor Market Outlook

11.4.3.1.          Market Size & Forecast

11.4.3.1.1.                 By Value

11.4.3.2.          Market Share & Forecast

11.4.3.2.1.                 By Type

11.4.3.2.2.                 By End Use

11.4.3.2.3.                 By Output Power

12.   Market Dynamics

12.1.                     Drivers

12.2.                     Challenges

13.   Market Trends & Developments

14.   Competitive Landscape

14.1.                     Company Profiles

14.1.1.    ABB Limited

14.1.2.    Siemens AG

14.1.3.    Schneider Electric Corporation

14.1.4.    Nidec Corporation

14.1.5.    Mitsubishi Electric Group

14.1.6.    Rockwell Automation Incorporation

14.1.7.    Johnson Electric Holdings Limited

14.1.8.    Toshiba Corporation

14.1.9.    General Electric Company

14.1.10.  WEG Industries

15.   Strategic Recommendations

16.   About Us & Disclaimer

Figures and Tables

Figure 1: Global Electric Motor Market Size, By Value, 2016-2026F (USD Billion)

Figure 2: Global Electric Motor Market Share, By Type, By Value, 2016-2026F

Figure 3: Global Electric Motor Market Share, By End Use, By Value, 2016-2026F

Figure 4: Global Electric Motor Market Share, By Output Power, By Value, 2016-2026F

Figure 5: Global Electric Motor Market Share, By Region, By Value, 2016-2026F

Figure 6: Global Electric Motor Market Share, By Company, By Value, 2020

Figure 7: Global Electric Motors Market, Product Map, On the Basis of Type

Figure 8: Global Electric Motors Market, Product Map, On the Basis of End-Use

Figure 9: Global Electric Motors Market, Product Map, On the Basis of Output Power

Figure 10: Global Electric Motors Market, Product Map, On the Basis of Region

Figure 11: Asia-Pacific Electric Motor Market Size, By Value, 2016-2026F (USD Billion)

Figure 12: Asia-Pacific Electric Motor Market Share, By Type, By Value, 2016-2026F

Figure 13: Asia-Pacific Electric Motor Market Share, By End Use, By Value, 2016-2026F

Figure 14: Asia-Pacific Electric Motor Market Share, By Output Power, By Value, 2016-2026F

Figure 15: Asia-Pacific Electric Motor Market Share, By Country, By Value, 2016-2026F

Figure 16: Asia-Pacific Electric Motors Market, Product Map, On the Basis of Type

Figure 17: Asia-Pacific Electric Motors Market, Product Map, On the Basis of End-Use

Figure 18: Asia-Pacific Electric Motors Market, Product Map, On the Basis of Output Power

Figure 19: Asia-Pacific Electric Motors Market, Product Map, On the Basis of Country

Figure 20: China Electric Motor Market Size, By Value, 2016-2026F (USD Billion)

Figure 21: China Electric Motor Market Share, By Type, By Value, 2016-2026F

Figure 22: China Electric Motor Market Share, By End Use, By Value, 2016-2026F

Figure 23: China Electric Motor Market Share, By Output Power, By Value, 2016-2026F

Figure 24: India Electric Motor Market Size, By Value, 2016-2026F (USD Billion)

Figure 25: India Electric Motor Market Share, By Type, By Value, 2016-2026F

Figure 26: India Electric Motor Market Share, By End Use, By Value, 2016-2026F

Figure 27: India Electric Motor Market Share, By Output Power, By Value, 2016-2026F

Figure 28: Japan Electric Motor Market Size, By Value, 2016-2026F (USD Billion)

Figure 29: Japan Electric Motor Market Share, By Type, By Value, 2016-2026F

Figure 30: Japan Electric Motor Market Share, By End Use, By Value, 2016-2026F

Figure 31: Japan Electric Motor Market Share, By Output Power, By Value, 2016-2026F

Figure 32: South Korea Electric Motor Market Size, By Value, 2016-2026F (USD Billion)

Figure 33: South Korea Electric Motor Market Share, By Type, By Value, 2016-2026F

Figure 34: South Korea Electric Motor Market Share, By End Use, By Value, 2016-2026F

Figure 35: South Korea Electric Motor Market Share, By Output Power, By Value, 2016-2026F

Figure 36: Australia Electric Motor Market Size, By Value, 2016-2026F (USD Billion)

Figure 37: Australia Electric Motor Market Share, By Type, By Value, 2016-2026F

Figure 38: Australia Electric Motor Market Share, By End Use, By Value, 2016-2026F

Figure 39: Australia Electric Motor Market Share, By Output Power, By Value, 2016-2026F

Figure 40: Europe Electric Motor Market Size, By Value, 2016-2026F (USD Billion)

Figure 41: Europe Electric Motor Market Share, By Type, By Value, 2016-2026F

Figure 42: Europe Electric Motor Market Share, By End Use, By Value, 2016-2026F

Figure 43: Europe Electric Motor Market Share, By Output Power, By Value, 2016-2026F

Figure 44: Europe Electric Motor Market Share, By Country, By Value, 2016-2026F

Figure 45: Europe Electric Motors Market, Product Map, On the Basis of Type

Figure 46: Europe Electric Motors Market, Product Map, On the Basis of End-Use

Figure 47: Europe Electric Motors Market, Product Map, On the Basis of Output Power

Figure 48: Europe Electric Motors Market, Product Map, On the Basis of Country

Figure 49: Germany Electric Motor Market Size, By Value, 2016-2026F (USD Billion)

Figure 50: Germany Electric Motor Market Share, By Type, By Value, 2016-2026F

Figure 51: Germany Electric Motor Market Share, By End Use, By Value, 2016-2026F

Figure 52: Germany Electric Motor Market Share, By Output Power, By Value, 2016-2026F

Figure 53: Italy Electric Motor Market Size, By Value, 2016-2026F (USD Billion)

Figure 54: Italy Electric Motor Market Share, By Type, By Value, 2016-2026F

Figure 55: Italy Electric Motor Market Share, By End Use, By Value, 2016-2026F

Figure 56: Italy Electric Motor Market Share, By Output Power, By Value, 2016-2026F

Figure 57: Spain Electric Motor Market Size, By Value, 2016-2026F (USD Billion)

Figure 58: Spain Electric Motor Market Share, By Type, By Value, 2016-2026F

Figure 59: Spain Electric Motor Market Share, By End Use, By Value, 2016-2026F

Figure 60: Spain Electric Motor Market Share, By Output Power, By Value, 2016-2026F

Figure 61: France Electric Motor Market Size, By Value, 2016-2026F (USD Billion)

Figure 62: France Electric Motor Market Share, By Type, By Value, 2016-2026F

Figure 63: France Electric Motor Market Share, By End Use, By Value, 2016-2026F

Figure 64: France Electric Motor Market Share, By Output Power, By Value, 2016-2026F

Figure 65: Russia Electric Motor Market Size, By Value, 2016-2026F (USD Billion)

Figure 66: Russia Electric Motor Market Share, By Type, By Value, 2016-2026F

Figure 67: Russia Electric Motor Market Share, By End Use, By Value, 2016-2026F

Figure 68: Russia Electric Motor Market Share, By Output Power, By Value, 2016-2026F

Figure 69: North America Electric Motor Market Size, By Value, 2016-2026F (USD Billion)

Figure 70: North America Electric Motor Market Share, By Type, By Value, 2016-2026F

Figure 71: North America Electric Motor Market Share, By End Use, By Value, 2016-2026F

Figure 72: North America Electric Motor Market Share, By Output Power, By Value, 2016-2026F

Figure 73: North America Electric Motor Market Share, By Country, By Value, 2016-2026F

Figure 74: North America Electric Motors Market, Product Map, On the Basis of Type

Figure 75: North America Electric Motors Market, Product Map, On the Basis of End-Use

Figure 76: North America Electric Motors Market, Product Map, On the Basis of Output Power

Figure 77: North America Electric Motors Market, Product Map, On the Basis of Country

Figure 78: United States Electric Motor Market Size, By Value, 2016-2026F (USD Billion)

Figure 79: United States Electric Motor Market Share, By Type, By Value, 2016-2026F

Figure 80: United States Electric Motor Market Share, By End Use, By Value, 2016-2026F

Figure 81: United States Electric Motor Market Share, By Output Power, By Value, 2016-2026F

Figure 82: Canada Electric Motor Market Size, By Value, 2016-2026F (USD Billion)

Figure 83: Canada Electric Motor Market Share, By Type, By Value, 2016-2026F

Figure 84: Canada Electric Motor Market Share, By End Use, By Value, 2016-2026F

Figure 85: Canada Electric Motor Market Share, By Output Power, By Value, 2016-2026F

Figure 86: Mexico Electric Motor Market Size, By Value, 2016-2026F (USD Billion)

Figure 87: Mexico Electric Motor Market Share, By Type, By Value, 2016-2026F

Figure 88: Mexico Electric Motor Market Share, By End Use, By Value, 2016-2026F

Figure 89: Mexico Electric Motor Market Share, By Output Power, By Value, 2016-2026F

Figure 90: Middle East and Africa Electric Motor Market Size, By Value, 2016-2026F (USD Billion)

Figure 91: Middle East and Africa Electric Motor Market Share, By Type, By Value, 2016-2026F

Figure 92: Middle East and Africa Electric Motor Market Share, By End Use, By Value, 2016-2026F

Figure 93: Middle East and Africa Electric Motor Market Share, By Output Power, By Value, 2016-2026F

Figure 94: Middle East and Africa Electric Motor Market Share, By Country, By Value, 2016-2026F

Figure 95: Middle East and Africa Electric Motors Market, Product Map, On the Basis of Type

Figure 96: Middle East and Africa Electric Motors Market, Product Map, On the Basis of End-Use

Figure 97: Middle East and Africa Electric Motors Market, Product Map, On the Basis of Output Power

Figure 98: Middle East and Africa Electric Motors Market, Product Map, On the Basis of Country

Figure 99: Saudi Arabia Electric Motor Market Size, By Value, 2016-2026F (USD Billion)

Figure 100: Saudi Arabia Electric Motor Market Share, By Type, By Value, 2016-2026F

Figure 101: Saudi Arabia Electric Motor Market Share, By End Use, By Value, 2016-2026F

Figure 102: Saudi Arabia Electric Motor Market Share, By Output Power, By Value, 2016-2026F

Figure 103: UAE Electric Motor Market Size, By Value, 2016-2026F (USD Billion)

Figure 104: UAE Electric Motor Market Share, By Type, By Value, 2016-2026F

Figure 105: UAE Electric Motor Market Share, By End Use, By Value, 2016-2026F

Figure 106: UAE Electric Motor Market Share, By Output Power, By Value, 2016-2026F

Figure 107: South Africa Electric Motor Market Size, By Value, 2016-2026F (USD Billion)

Figure 108: South Africa Electric Motor Market Share, By Type, By Value, 2016-2026F

Figure 109: South Africa Electric Motor Market Share, By End Use, By Value, 2016-2026F

Figure 110: South Africa Electric Motor Market Share, By Output Power, By Value, 2016-2026F

Figure 111: Iran Electric Motor Market Size, By Value, 2016-2026F (USD Billion)

Figure 112: Iran Electric Motor Market Share, By Type, By Value, 2016-2026F

Figure 113: Iran Electric Motor Market Share, By End Use, By Value, 2016-2026F

Figure 114: Iran Electric Motor Market Share, By Output Power, By Value, 2016-2026F

Figure 115: South America Electric Motor Market Size, By Value, 2016-2026F (USD Billion)

Figure 116: South America Electric Motor Market Share, By Type, By Value, 2016-2026F

Figure 117: South America Electric Motor Market Share, By End Use, By Value, 2016-2026F

Figure 118: South America Electric Motor Market Share, By Output Power, By Value, 2016-2026F

Figure 119: South America Electric Motor Market Share, By Country, By Value, 2016-2026F

Figure 120: South America Electric Motors Market, Product Map, On the Basis of Type

Figure 121: South America Electric Motors Market, Product Map, On the Basis of End-Use

Figure 122: South America Electric Motors Market, Product Map, On the Basis of Output Power

Figure 123: South America Electric Motors Market, Product Map, On the Basis of Country

Figure 124: Brazil Electric Motor Market Size, By Value, 2016-2026F (USD Billion)

Figure 125: Brazil Electric Motor Market Share, By Type, By Value, 2016-2026F

Figure 126: Brazil Electric Motor Market Share, By End Use, By Value, 2016-2026F

Figure 127: Brazil Electric Motor Market Share, By Output Power, By Value, 2016-2026F

Figure 128: Argentina Electric Motor Market Size, By Value, 2016-2026F (USD Billion)

Figure 129: Argentina Electric Motor Market Share, By Type, By Value, 2016-2026F

Figure 130: Argentina Electric Motor Market Share, By End Use, By Value, 2016-2026F

Figure 131: Argentina Electric Motor Market Share, By Output Power, By Value, 2016-2026F

Figure 132: Colombia Electric Motor Market Size, By Value, 2016-2026F (USD Billion)

Figure 133: Colombia Electric Motor Market Share, By Type, By Value, 2016-2026F

Figure 134: Colombia Electric Motor Market Share, By End Use, By Value, 2016-2026F

Figure 135: Colombia Electric Motor Market Share, By Output Power, By Value, 2016-2026F

Frequently asked questions

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The global electric motor market was valued at USD109.39 million in 2020 and is expected to grow at a CAGR of 6.28% until 2026.

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Progression towards electric mobility by the automotive industry and proactive measures taken by government for the decarbonization of the society are positively influencing the global electric motor market.

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China is the largest contributing country in the APAC region with a 52.83% share, followed by Japan, India, and South Korea.

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ABB Limited, Siemens AG, Johnson Electric Holdings Limited, Rockwell Automation Incorporation, Nidec Corporation are some of the top players in the global electric motor market.

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Parvati Sharma

Account Manager BD
Press Release

Electric Motor Market to Reach USD160.11 Billion until 2026

Mar, 2021

Booming heating, ventilation and air conditioning industry to drive the Global Electric Motor Market through 2026

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