Construction & Manufacturing

Global Electric Motor Market 2015-2019

  • TEC227988
  • 107 Pages
  • May 2015
  • Construction & Manufacturing
About Electric Motors
One of the biggest achievements in the field of engineering and technology is the invention of motors or, more specifically, electric motors. Since then the world has come a long way from using electric power to glow bulbs to converting electrical energy to drive various mechanical machinery. An electric motor is an electromechanical device that converts electrical energy into mechanical energy. The advent of motors has helped the world move from being manual to a highly mechanized one. Right from household appliances to industrial machinery, currently everything runs on electric motors. The market is expected to grow further due to the widespread adoption of electric vehicles among people in various countries. Electric motors can be segmented into different types based on either their output power or on the basis of their type. The most widely used electric motors are FHP based on output power and AC motors based on type of electric motors. Electric motors are now being widely incorporated into electric vehicles. Also, there is a huge demand for electric motors from the HVAC industry; a whole lot of HVAC appliances incorporate electric motors for efficient operation.
Technavio's analysts forecast the global electric motors market to grow at a CAGR of 6.30% over the period 2015-2019.
Covered in this Report
This report covers the present scenario and the growth prospects of the global electric motors market during the period 2015-2019. For ascertaining the market size and vendor share, the report considers revenue generated from the sales of electric motors.
Technavio's report, the Global Electric Motors Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Key Vendors
ABB
Ametek
Baldor Electric
Brook Crompton UK
Danaher Motion
Emerson Electric
Faulhaber Group
Johnson Electric Holdings
Maxon Motor
Regal Beloit
Siemens
Other Prominent Vendors
Allied Motion Technologies
ARC Systems
Asmo
Franklin Electric
Huali
Nidec
Rockwell Automation
TECO-Westinghouse
Toshiba
Market Driver
Increased Adoption of Electric Vehicles
For a full, detailed list, view our report
Market Challenge
Highly Fragmented Market
For a full, detailed list, view our report
Market Trend
Adoption of Energy-efficient Motors
For a full, detailed list, view our report
Key Questions Answered in this Report
What will the market size be in 2019 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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