The Business Research Company’s Electric Motors Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Electric Motors Global Market Report 2023 evaluates electric motors market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global electric motors market size will grow from $97.15 billion in 2022 to $102.68 billion in 2023 at a compound annual growth rate (CAGR) of 5.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global electric motors market size is expected to grow to $123.54 billion in 2027 at a CAGR of 4.7%.
The electric motors market segments in the report are:
1) By Type: Alternate Current (AC) Motor, Direct Current (AC) Motor, Hermetic Motor
2) By Output Power: Integral Horsepower (IHP), Fractional Horsepower (FHP)
3) By Voltage Range: 9v & Below, 10-20 v, 21-60 v, 60 v And Above
4) By Application: Industrial Machinery, Motor Vehicle, HVAC Equipment, Aerospace & Transportation, Household Appliances, Other Commercial Applications
5) By Speed: Low-Speed (less than 1,000 rpm), Medium-Speed (1,001 to 25,000 rpm), High-Speed (25,001 to 75,000 rpm), Ultra-High Speed (greater than 75,001 rpm)
Top Key Players
ABB Ltd.
ARC Systems, Inc.
Asmo Co., Ltd.
Brook Crompton UK Ltd.
Emerson Electric Co.
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The table of contents in TBRC’s electric motors market report includes:
1. Executive Summary
2. Electric Motors Market Characteristics
3. Electric Motors Market Trends And Strategies
4. Electric Motors Market – Macro Economic Scenario
5. Electric Motors Market Size And Growth
…………….
26. Africa Electric Motors Market
27. Electric Motors Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Electric Motors Market
29. Electric Motors Market Future Outlook and Potential Analysis
30. Appendix
List Of Tables
Table 1: Global Historic Market Growth, 2017-2022, $ Billion
Table 2: Global Forecast Market Growth, 2022-2027F, 2032F, $ Billion
Table 3: Global Electric Motors Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Table 4: Global Electric Motors Market, Segmentation By Output Power, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Table 5: Global Electric Motors Market, Segmentation By Voltage Range, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
………..
Table 48: ABB Ltd. Financial Performance
Table 49: ARC Systems, Inc. Financial Performance
Table 50: Asmo Co., Ltd. Financial Performance
Table 51: Brook Crompton UK Ltd. Financial Performance
Table 52: Emerson Electric Co. Financial Performance
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