Electric Motor Market: Market Segments: By Motor Type (Hermetic, AC and DC); By Power Output (Integral HP Output and Fractional HP Output); By Speed (Low-Speed Electric Motors (Less Than 1,000 RPM), Medium-Speed Electric Motors (1,001-25,000 RPM), High-Speed Electric Motors (25,001-75,000 RPM) and Ultrahigh-Speed Electric Motors (Greater Than 75,001 RPM)); By Application (Industrial Machinery, Motor Vehicles, HVAC Equipment, Aerospace & Transportation, Household Appliances and Others); and Region – Analysis of Market Size, Share & Trends for 2014 – 2019 and Forecasts to 2030

Product Overview

Electric motors are electro-mechanical systems that operate on the electromagnetic induction principle. They are robust and highly effective, require low maintenance, consume less energy, and fluctuate voltages have high endurance. Moreover, electric motors cost far less than a fossil-fuel engine.

Market Highlights

Electric Motor Market is expected to project a notable CAGR of 6.68% in 2030.

Electric Motor Market to surpass USD 175 billion by 2030 from USD 108 billion in 2018 at a CAGR of 6.68% throughout the forecast period, i.e., 2019-30. Major drivers driving the market are expected to be factors such as rising environmental issues and increasing demand for electrical energy. The key growth-inducing factor in the market is expansion in industrial automation along with developments in technology.

Electric Motor Market: Segments

AC Motor segment to grow with the highest CAGR of 8.47% during 2019-30

Electric Motor Market is segmented by motor type as AC and DC motors and hermetic motor. The greater market share in 2018 was accounted by AC motors as these were extensively used forms with their applications ranging from irrigation pumps to modern-day robotics. In addition, they are smaller, cheaper, and lighter in weight and are commonly used in HVAC equipment as well. Due to the advent of highly effective and low-cost electronics, followed by advances in permanent magnetic materials, the use of electric AC motors in the automotive industry has increased exponentially. However, due to the ease of handling, less maintenance, and fast transport, the hermetic type is expected to experience the highest CAGR of 8.47 % during the same span. Sector growth can also be due to increased demand from manufacturers of HVAC systems supported by suitability in such applications.

Electric Motor Market: Market Dynamics

Drivers

Increasing Compliance for Energy-Efficient Electric Motors

It is anticipated that the rising need of high-power consumption industries to reduce their energy consumption would drive the worldwide adoption of energy-efficient electric motors. Electric motors can account for about 70 percent of total energy consumption in the manufacturing sector, and the highest electricity consumption comes from the operation of compressors.

Restrain

Variation in prices of raw materials

A few manufacturers in China regulate the prices of raw materials, such as permanent magnets, steel bars, copper wires, and precision thin metals, such as specialty alloys, which are used to produce electric motors. There is not a great deal of product differentiation and the product price dictates the market supremacy of such suppliers. Other manufacturers/suppliers in the industry must bear the resulting price fluctuations.

Electric Motor Market: Regions

Electric Motor Market is segmented based on regional analysis into five major regions. These include North America, Latin America, Europe, APAC and MENA.

Electric Motor Market in North America held the largest market share of XX.X% in the year 2018 and is anticipated to secure the leading position during the forecast period. This is due to economic development and aerospace industry expansion. The US is a leader in the market for electric motors. Therefore, among the North American nations, the market share of electric motors is largest. Due to rapid industrialization, the Asia Pacific countries are expected to be the largest electric motor market during the forecast period and are moving towards internet-based industrial operations in each industry. The developing countries in the Asia Pacific region, such as South Korea, Japan and Australia, are increasingly exploring the potential of creative services and connected devices, according to the GSM Association.

Electric Motor Market: Key Players

• ABB Group

o Company Overview

o Business Strategy

o Key Product Offerings

o Financial Performance

o Key Performance Indicators

o Risk Analysis

o Recent Development

o Regional Presence

o SWOT Analysis

• ARC Systems, Inc.

• Asmo Co., Ltd.

• Brook Crompton UK Ltd.

• Dr. Fritz Faulhaber GmbH

• Emerson Electric

• Maxon Motors AG

• Regal Beloit Corporation

• Rockwell Automation, Inc.

• Siemens AG

Electric Motor Market report also contains analysis on:

Electric Motor Market Segments:

By Motor Type:

• AC Motor

o Synchronous AC Motor

o Induction AC Motor

• DC Motor

o Brushed DC Motor

o Brushless DC Motor

• Hermetic Motor

By Output Power

• Fractional Horsepower

• Integral Horsepower

By Speed:

• Low-Speed Electric Motors (Less Than 1,000 RPM)

• Medium-Speed Electric Motors (1,001-25,000 RPM)

• High-Speed Electric Motors (25,001-75,000 RPM)

• Ultrahigh-Speed Electric Motors (Greater Than 75,001 RPM)

By Application:

• Industrial Machinery

• Motor Vehicles

• HVAC Equipment

• Aerospace & Transportation

• Household Appliances

• Others

• Electric Motor Market Dynamics

• Electric Motor Market Size

• Supply & Demand

• Current Trends/Issues/Challenges

• Competition & Companies Involved in the Market

• Value Chain of the Market

• Market Drivers and Restraints

Contents

1. Executive Summary

2. Electric Motor Market

2.1. Product Overview

2.2. Market Definition

2.3. Segmentation

2.4. Assumptions and Acronyms

3. Research Methodology

3.1. Research Objectives

3.2. Primary Research

3.3. Secondary Research

3.4. Forecast Model

3.5. Market Size Estimation

4. Average Pricing Analysis

5. Macro-Economic Indicators

6. Market Dynamics

6.1. Growth Drivers

6.2. Restraints

6.3. Opportunity

6.4. Trends

7. Correlation & Regression Analysis

7.1. Correlation Matrix

7.2. Regression Matrix

8. Recent Development, Policies & Regulatory Landscape

9. Risk Analysis

9.1. Demand Risk Analysis

9.2. Supply Risk Analysis

10. Electric Motor Analysis

10.1. Porters Five Forces

10.1.1. Threat of New Entrants

10.1.2. Bargaining Power of Suppliers

10.1.3. Threat of Substitutes

10.1.4. Rivalry

10.2. PEST Analysis

10.2.1. Political

10.2.2. Economic

10.2.3. Social

10.2.4. Technological

11. Electric Motor Market

11.1. Market Size & forecast, 2019A-2030F

11.1.1. By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

11.1.2. By Volume (Million Units) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12. Electric Motor: Market Segmentation

12.1. By Regions

12.1.1. North America:

• By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.1.2. Europe:

• By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.1.3. Asia-Pacific:

• By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.1.4. MEA:

• By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.1.5. Latin America:

• By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.2. By Motor Type: Market Share (2020-2030F)

12.2.1. AC Motor, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.2.2. DC Motor, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.2.1. Hermetic Motor, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.3 By Power Output: Market Share (2020-2030F)

12.3.1. Integral HP Output, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.3.2. Fractional HP Output, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.3 By Speed (RPM): Market Share (2020-2030F)

12.3.1. Low-Speed Electric Motors (Less Than 1,000 RPM), By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.3.2. Medium-Speed Electric Motors (1,001-25,000 RPM), By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.3.3. High-Speed Electric Motors (25,001-75,000 RPM), By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.3.4. Ultrahigh-Speed Electric Motors (Greater Than 75,001 RPM), By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.4 By Application: Market Share (2020-2030F)

12.4.1. Industrial Machinery, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.4.2. Motor Vehicles, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.4.3. HVAC Equipment, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.4.4. Aerospace & Transportation, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.4.5. Household Appliances, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.4.6. Others, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

13. Company Profile

13.1.1. ABB Group

13.1.2. Company Overview

13.1.3. Company Total Revenue (Financials)

13.1.4. Market Potential

13.1.5. Global Presence

13.1.6. Key Performance Indicators

13.1.7. SWOT Analysis

13.1.8. Product Launch

13.2. ARC Systems, Inc.

13.3. Asmo Co., Ltd.

13.4. Brook Crompton UK Ltd.

13.5. Dr. Fritz Faulhaber GmbH

13.6. Emerson Electric

13.7. Maxon Motors AG

13.8. Regal Beloit Corporation

13.9. Rockwell Automation, Inc.

13.10. Siemens AG

14 Consultant Recommendation

**The above given segmentations and companies could be subjected to further modification based on in-depth feasibility studies conducted for the final deliverable.

Methodology/Research Approach

Research Programs/Design

Market Size Estimation

Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).

The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.

Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.

All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report

The following figure shows an illustrative representation of the overall market size estimation process used for this study.

Market Breakdown and Data Triangulation

After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.

Data Source

Secondary Sources

Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.

Primary Sources

In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.

The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.

Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.

Key Executives Interviewed

Key Data Information from Primary Sources