The Insight Partners delivers well-researched industry-wide information on the Electric Motor Market. It provides information on the market’s essential aspects such as top participants, factors driving Electric Motor market growth, precise estimation of the Electric Motor market size, upcoming trends, changes in consumer behavioral pattern, market’s competitive landscape, key market vendors, and other market features to gain an in-depth analysis of the market. Additionally, the report is a compilation of both qualitative and quantitative assessment by industry experts, as well as industry participants across the value chain. The report also focuses on the latest developments that can enhance the performance of various market segments.
An electric motor is a machine that converts electrical energy to mechanical energy. These are broadly used in industrial fans, pumps, disk drives, domestic appliances, electric cars, compressors, machine tools, HVAC applications, power tools, as well as automated robots among others. These motors are gaining adoption over standard motors owing to several factors including longer operating life, low maintenance, low power consumption, and a high tolerance for voltage fluctuations.
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The rising fuel prices across the globe have created a need to shift to non-conventional sources of fuel. Also, several governments are taking initiatives to reduce the carbon footprint. As a result of this, the production of electric vehicles is witnessing a high demand. Also, governments of certain countries such as China and the US, are supporting the adoption of electric vehicles by offering subsidies and favorable policies. Since electric motors have a major application in electric vehicles, the rise in demand for electric vehicles is expected to propel the electronic motor market growth.
The scope of the Report:
The “Global Electric Motor Market Analysis to 2028” is a specialized and in-depth study of the electric motor industry with a special focus on the global market trend analysis. The report aims to provide an overview of electric motor market with detailed market segmentation by motor type, output power, voltage, application, and geography. The global electric motor market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading electric motor market players and offers key trends and opportunities in the market.
Major Key players covered in this report:
1. ABB Ltd.
2. AMETEK, Inc.
3. Franklin Electric Co. Inc.
4. General Electric
5. Johnson Electric Holdings Limited
6. Nidec Corporation
7. Regal Beloit Corporation
8. Rockwell Automation, Inc.
9. Siemens AG
10. Toshiba Corp
Major highlights of the report:
- All-inclusive evaluation of the parent market
- Evolution of significant market aspects
- Industry-wide investigation of market segments
- Assessment of market value and volume in past, present, and forecast years
- Evaluation of market share
- Tactical approaches of market leaders
- Lucrative strategies to help companies strengthen their position in the market
Reason to Buy
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Electric Motor market.
- Highlights key business priorities in order to guide the companies to reform their business strategies and establish themselves in the wide geography.
- The key findings and recommendations highlight crucial progressive industry trends in the Electric Motor market, thereby allowing players to develop effective long term strategies in order to garner their market revenue.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those restraining the growth at a certain extent.
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Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.
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