The global Energy Efficient Motor market is projected to reach USD 59.3 billion by 2028 from an estimated USD 41.7 billion in 2023, at a CAGR of 7.3% during the forecast period. The IE3 segment market is anticipated to grow from an estimated USD 29.7 billion in 2023 to USD 41.9 billion in 2028, at a CAGR of 7.1% during the forecast period. Rotor losses in IE3 motors are reduced considerably by using copper as the conductor material in the squirrel cage rather than aluminum, which leads to the reduction of the slip under load conditions. The reduction in air gaps and thinner laminations made of better-quality steel ensure higher efficiency than traditional motors. These technological modifications in the IE3 efficiency level motors is pushing the market.
Aerospace & Defense: The second fastest-growing segment of the energy-efficient motor market, by end-user
The end user segment is categorized as industrial, commercial, residential, automotive, agriculture, and aerospace. energy-efficient motors are used in aircraft propulsion, navigation systems, and environmental control systems. Advantages of these applications include improved fuel efficiency, reduced emissions, and increased system reliability which is pushing the market.
North America is expected to account for the second-largest market size during the forecast period
North America is expected to be the second-largest and fastest-growing market. The use of energy-efficient motors in the region is increasing rapidly due to growing investments in major verticals such as industrial, commercial, and transportation. Countries in North America have been focusing on energy efficiency through programs, partnerships, and initiatives. For instance, the Industrial Efficiency and Decarbonization Office (IEDO) aims to improve the energy and material efficiency, productivity, and competitiveness of manufacturers across the industrial sector.
Breakdown of Primaries:
In-depth interviews have been conducted with various key industry participants, subject-matter experts, C-level executives of key market players, and industry consultants, among other experts, to obtain and verify critical qualitative and quantitative information, as well as to assess future market prospects. The distribution of primary interviews is as follows:
- By Company Type: Tier 1- 45%, Tier 2- 30%, and Tier 3- 25%
- By Designation: C-Level- 35%, Director Level- 25%, and Others- 40%
- By Region: Europe- 20%, Asia Pacific- 33%, North America- 27%, the Middle East & Africa- 12%, and South America- 8%
Note: Others include product engineers, product specialists, and engineering leads.
Note: The tiers of the companies are defined on the basis of their total revenues as of 2017. Tier 1: > USD 1 billion, Tier 2: From USD 500 million to USD 1 billion, and Tier 3: < USD 500 million
The energy-efficient motor market is dominated by a few major players that have a wide regional presence. The leading players in the energy-efficient motor market are ABB (Switzerland), Siemens (Germany), Regal Rexnord Corporation (US), Wolong Electric Group Co., Ltd (China), Nidec Corporation (Japan).
Research Coverage:
The report defines, describes, and forecasts the global energy-efficient motor market, by product type, stage type, power rating, pumping capacity, end-user industry, and region. It also offers a detailed qualitative and quantitative analysis of the market. The report provides a comprehensive review of the major market drivers, restraints, opportunities, and challenges. It also covers various important aspects of the market. These include an analysis of the competitive landscape, market dynamics, market estimates, value, and future trends in the energy-efficient motor market.
Key Benefits of Buying the Report
1. The report identifies and addresses the key markets for energy-efficient motors, which would help equipment manufacturers review the growth in demand.
2. The report helps system providers understand the pulse of the market and provides insights into drivers, restraints, opportunities, and challenges.
3. The report will help key players understand the strategies of their competitors better and help them make better strategic decisions.
Table of Contents
1 Introduction
1.1 Study Objectives
1.2 Market Definition
1.3 Inclusions and Exclusions
1.3.1 Energy Efficient Motor Market, by Efficiency Level
1.3.2 Market, by Power Output Rating
1.3.3 Market, by Installation Type
1.3.4 Market, by Type
1.3.5 Market, by End-User
1.3.6 Market, by Application
1.4 Market Scope
1.4.1 Markets Covered
1.4.2 Regional Scope
1.4.3 Years Considered
1.5 Currency Considered
1.6 Limitations
1.7 Stakeholders
1.8 Summary of Changes
2 Research Methodology
2.1 Research Data
Figure 1 Energy Efficient Motor Market: Research Design
2.2 Market Breakdown and Data Triangulation
Figure 2 Data Triangulation Methodology
2.2.1 Secondary Data
2.2.1.1 Key Data from Secondary Sources
2.2.2 Primary Data
2.2.2.1 Key Data from Primary Sources
2.2.2.2 Breakdown of Primaries
2.3 Study Scope
Figure 3 Main Metrics Considered to Analyze and Assess Demand for Energy-Efficient Motors
2.4 Market Size Estimation
2.4.1 Bottom-Up Approach
Figure 4 Market Size Estimation Methodology: Bottom-Up Approach
2.4.2 Top-Down Approach
Figure 5 Market Size Estimation Methodology: Top-Down Approach
2.4.3 Demand-Side Analysis
2.4.3.1 Regional Analysis
2.4.3.2 Country-Level Analysis
2.4.3.3 Assumptions for Demand-Side Analysis
2.4.3.4 Calculations for Demand-Side Analysis
2.4.4 Supply-Side Analysis
Figure 6 Key Steps Considered to Assess Supply of Energy-Efficient Motors
Figure 7 Energy Efficient Motor Market: Supply-Side Analysis
2.4.4.1 Calculations for Supply-Side Analysis
2.4.4.2 Assumptions for Supply-Side Analysis
Figure 8 Company Revenue Analysis, 2021
2.4.5 Forecast
2.5 Risk Assessment
2.6 Recession Impact
3 Executive Summary
Table 1 Snapshot of Energy Efficient Motor Market
Figure 9 Ac Motors Segment to Hold Larger Share of Market During Forecast Period
Figure 10 < 1 Kw Segment to Account for Largest Size of Market During Forecast Period
Figure 11 Ie3 Segment to Hold Largest Size of Market During Forecast Period
Figure 12 Pumps Segment to Account for Largest Share of Energy Efficient Motor Market During Forecast Period
Figure 13 Industrial Segment to Lead Market During Forecast Period
Figure 14 Asia-Pacific Accounted for Largest Share of Market in 2022
4 Premium Insights
4.1 Attractive Opportunities for Players in Energy Efficient Motor Market
Figure 15 Growing Adoption of Energy-Efficient Solutions and Government Mandates to Favor Market Growth
4.2 Asia-Pacific: Market, by End-User and Country
Figure 16 Industrial Segment and China Held Largest Shares of Asia-Pacific Market in 2022
4.3 Energy Efficient Motor Market, by Type
Figure 17 Ac Motors Segment to Account for Larger Market Share in 2028
4.4 Market, by End-User
Figure 18 Industrial Segment to Hold Largest Market Share in 2028
4.5 Market, by Power Output Rating
Figure 19 < 1 Kw Segment to Lead Market in 2028
4.6 Market, by Efficiency Level
Figure 20 Ie3 Segment to Hold Largest Share of Market in 2028
4.7 Market, by Application
Figure 21 Pumps Segment to Capture Largest Share of Market in 2028
5 Market Overview
5.1 Introduction
5.2 Market Dynamics
Figure 22 Energy Efficient Motor Market: Drivers, Restraints, Opportunities, and Challenges
5.2.1 Drivers
5.2.1.1 Lower Life Cycle Costs Than Traditional Motors
Figure 23 Electric Motor Life Cycle Costs
5.2.1.2 Government Initiatives Encouraging Adoption of Energy-Efficient Motors
Table 2 Funding Schemes and Projects for Energy-Efficient Motors in Different Countries
5.2.1.3 Increasing Adoption of Energy-Efficient Motors in Industrial Sector
Figure 24 Percentage Share of Electricity Consumption of Motor Systems, by Industry Subsector, 2020
5.2.2 Restraints
5.2.2.1 High Price of Energy-Efficient Motors
5.2.3 Opportunities
5.2.3.1 Rising Industrialization and Decarbonization Initiatives
Table 3 World Economic Outlook Growth Projections About Annual Percentage Change in Real Gdp, 2022-2024
5.2.3.2 Growth of Robotics and Automation
Figure 25 Global Operational Stock of Industrial Robots, 2010-2020
5.2.4 Challenges
5.2.4.1 Limited Awareness About Benefits of Energy-Efficient Motors
5.2.4.2 Supply Chain Disruptions
Figure 26 Global Nominal Prices for Aluminium and Copper (Usd/Mt), 2020-2023
5.3 Trends/Disruptions Impacting Customer Business
5.3.1 Revenue Shifts and New Revenue Pockets for Energy-Efficient Motor Manufacturers
Figure 27 Revenue Shifts for Energy-Efficient Motor Manufacturers
5.4 Market Map
Table 4 Energy Efficient Motor Market: Ecosystem Analysis
Figure 28 Market Map/Ecosystem Analysis
5.5 Value Chain Analysis
Figure 29 Energy Efficient Motors Market: Value Chain Analysis
5.5.1 Raw Material/Component Providers
5.5.2 Manufacturers
5.5.3 Distributors and After-Sales Service Providers
5.5.4 End-Users
5.6 Average Selling Price (ASP) Analysis
Figure 30 Average Selling Price of Energy-Efficient Motors Offered Key Players, by Power Output Rating, 2021
Table 5 Average Selling Price of Energy-Efficient Motors Offered by Key Players, by Power Output Rating, 2021 (USD)
Table 6 Pricing Analysis, by Region, 2021 and 2028 (USD)
Figure 31 Pricing Analysis, by Region, 2021 and 2028 (USD)
5.7 Technology Analysis
5.7.1 Technology Trends Related to Electric Motors
Table 7 Energy Efficiency Method Improvements in Motors
5.8 Tariff, Codes, and Regulations
5.8.1 Tariff Related to Energy-Efficient Motors
5.8.2 Codes and Regulations Related to Energy Efficient Motor Market
Table 8 North America: List of Regulatory Bodies, Government Agencies, and Other Organizations
Table 9 Europe: List of Regulatory Bodies, Government Agencies, and Other Organizations
Table 10 Asia-Pacific: List of Regulatory Bodies, Government Agencies, and Other Organizations
Table 11 Middle East & Africa: List of Regulatory Bodies, Government Agencies, and Other Organizations
Table 12 Global: List of Regulatory Bodies, Government Agencies, and Other Organizations
5.8.3 Codes and Regulations Related to Energy-Efficient Motors
Table 13 North America: Codes and Regulations
Table 14 Asia-Pacific: Codes and Regulations
Table 15 Europe: Codes and Regulations
Table 16 Global: Codes and Regulations
5.9 Patent Analysis
Table 17 Energy Efficient Motor Market: Innovation and Patent Registration
5.10 Trade Analysis
5.10.1 Export Scenario
Table 18 Export Scenario for Hs Code: 8501, by Country, 2019-2021 (USD Thousand)
5.10.2 Import Scenario
Table 19 Import Scenario for Hs Code: 8501, by Country, 2019-2021 (USD Thousand)
5.11 Key Conferences and Events, 2023-2024
Table 20 Market: List of Conferences and Events
5.12 Case Study Analysis
5.12.1 Orquidea Improved Food Production Efficiency with Bonus Motor Program
5.12.2 Emory University Upgraded Motors to Cut Down HVAC Energy Costs
5.13 Porter's Five Forces Analysis
Table 21 Energy Efficient Motor Market: Porter's Five Forces Analysis
Figure 32 Market: Porter's Five Forces Analysis
5.13.1 Threat of Substitutes
5.13.2 Bargaining Power of Suppliers
5.13.3 Bargaining Power of Buyers
5.13.4 Threat of New Entrants
5.13.5 Intensity of Competitive Rivalry
5.14 Key Stakeholders and Buying Criteria
5.14.1 Key Stakeholders in Buying Process
Figure 33 Influence of Stakeholders on Buying Process, by End-User
Table 22 Influence of Stakeholders on Buying Process, by End-User (%)
5.14.2 Buying Criteria
Figure 34 Key Buying Criteria for End-Users
Table 23 Key Buying Criteria, by End-User
6 Energy Efficient Motor Market, by Efficiency Level
6.1 Introduction
Figure 35 Energy Efficient Motor Market Share, by Efficiency Level, 2022
Table 24 Market, by Efficiency Level, 2021-2028 (USD Million)
6.2 Ie1
6.2.1 Ideal for Applications That Do Not Require High Energy Efficiency
Table 25 Ie1: Energy Efficient Motor Market, by Region, 2021-2028 (USD Million)
6.3 Ie2
6.3.1 Reduce Energy Consumption in Equipment
Table 26 Ie2: Market, by Region, 2021-2028 (USD Million)
6.4 Ie3
6.4.1 Used in High Power Applications
Table 27 Ie3: Market, by Region, 2021-2028 (USD Million)
6.5 Ie4
6.5.1 Upgrade to Ie4 Facilitates Additional Energy Savings
Table 28 Ie4: Market, by Region, 2021-2028 (USD Million)
6.6 Ie5
6.6.1 Ie5 Motors Offer Highest Level of Efficiency
Table 29 Ie5: Market, by Region, 2021-2028 (USD Million)
7 Energy Efficient Motor Market, by Installation Type
7.1 Introduction
7.2 Open Drip Proof (Odp) Motor
7.2.1 Suitable for Use in Relatively Clean and Dry Environments
7.3 Totally Enclosed Fan - Cooled (Tefc) Motor
7.3.1 Ideal for Usage in Harsh Environments
8 Energy Efficient Motor Market, by Type
8.1 Introduction
Figure 36 Energy Efficient Motor Market Share, by Type, 2022
Table 30 Market, by Type, 2021-2028 (USD Million)
8.2 Ac Motors
8.2.1 Less Maintenance Requirements and Efficient Performance to Propel Adoption of Ac Motors
Table 31 Ac Motors: Market, by Region, 2021-2028 (USD Million)
8.3 Dc Motors
8.3.1 Precise Speed Control and Performance Expected to Drive Market
Table 32 Dc Motors: Market, by Region, 2021-2028 (USD Million)
9 Energy Efficient Motor Market, by Power Output Rating
9.1 Introduction
Figure 37 Market, by Power Output Rating, 2022
Table 33 Energy Efficient Motor Market, by Power Output Rating, 2021-2028 (USD Million)
9.2 <1 Kw
9.2.1 Ideal for Residential and Commercial Applications
Table 34 <1 Kw: Market, by Region, 2021-2028 (USD Million)
9.3 1-2.2 Kw
9.3.1 Versatile and Offer Reliability in Operations
Table 35 1-2.2 Kw: Market, by Region, 2021-2028 (USD Million)
9.4 2.2-375 Kw
9.4.1 Capable of Handling Higher Loads and Suitable for Heavy-Duty Applications
Table 36 2.2-375 Kw: Market, by Region, 2021-2028 (USD Million)
9.5 >375 Kw
9.5.1 Ideal for Critical Applications
Table 37 >375 Kw: Market, by Region, 2021-2028 (USD Million)
10 Energy Efficient Motor Market, by Application
10.1 Introduction
Figure 38 Energy Efficient Motor Market Share, 2022
Table 38 Market, by Application, 2021-2028 (USD Million)
10.2 HVAC
10.2.1 Growing Focus on Reducing Power Loss in HVAC Systems to Propel Adoption of Energy-Efficient Motors
Table 39 HVAC: Market, by Region, 2021-2028 (USD Million)
10.3 Pumps
10.3.1 Growing Demand for Energy-Efficient Motors from Agriculture and Industrial Sectors to Accelerate Market Growth
Table 40 Pumps: Market, by Region, 2021-2028 (USD Million)
10.4 Fans
10.4.1 Growing Adoption of Energy-Efficient Motor-Based Fans in Devices to Augment Market Growth
Table 41 Fans: Market, by Region, 2021-2028 (USD Million)
10.5 Compressors
10.5.1 Rising Energy Efficiency Requirements in Industries to Propel Adoption of Energy-Efficient Motors in Compressors
Table 42 Compressors: Market, by Region, 2021-2028 (USD Million)
10.6 Refrigeration
10.6.1 Development of Cold Chains to Generate Demand for Energy-Efficient Motors
Table 43 Refrigeration: Market, by Region, 2021-2028 (USD Million)
10.7 Material Handling
10.7.1 Rising Adoption of Mobile Robots in Industries to Propel Segmental Landscape
Table 44 Material Handling: Market, by Region, 2021-2028 (USD Million)
10.8 Material Processing
10.8.1 Increasing Replacement of Obsolete Infrastructure in Industries to Trigger Demand for Energy-Efficient Motors
Table 45 Material Processing: Market, by Region, 2021-2028 (USD Million)
11 Energy Efficient Motor Market, by End-User
11.1 Introduction
Figure 39 Energy Efficient Motor Market Share, by End-User, 2022
Table 46 Market, by End-User, 2021-2028 (USD Million)
11.2 Industrial
11.2.1 Need to Improve Energy Efficiency, Lower Operating Costs, and Reduce Downtime to Drive Adoption of Energy-Efficient Motors
Table 47 Industrial: Market, by Region, 2021-2028 (USD Million)
11.3 Commercial
11.3.1 Need to Reduce Maintenance Costs to Accelerate Adoption of Energy-Efficient Motors
Table 48 Commercial: Market, by Region, 2021-2028 (USD Million)
11.4 Residential
11.4.1 Focus on Reducing Energy Consumption and Utility Bills to Boost Uptake of Energy-Efficient Motors
Table 49 Residential: Market, by Region, 2021-2028 (USD Million)
11.5 Automotive
11.5.1 Growing Adoption of Electric Vehicles to Generate Demand for Energy-Efficient Motors
Table 50 Automotive: Market, by Region, 2021-2028 (USD Million)
11.6 Agriculture
11.6.1 Increasing Emphasis on Reducing Operating Costs in Farming to Boost Consumption of Energy-Efficient Motors
Table 51 Agriculture: Market, by Region, 2021-2028 (USD Million)
11.7 Aerospace & Defense
11.7.1 Need to Improve Fuel Efficiency, Reduce Emissions, and Increase System Reliability to Drive Demand for Energy-Efficient Motors
Table 52 Aerospace & Defense: Market, by Region, 2021-2028 (USD Million)
12 Energy Efficient Motor Market, by Region
12.1 Introduction
Figure 40 Asia-Pacific Market to Register Highest CAGR from 2023 to 2028
Figure 41 Energy Efficient Motor Market Share, by Region, 2022 (%)
Table 53 Market, by Region, 2021-2028 (USD Million)
Table 54 Market, by Region, 2021-2028 (Million Units)
12.2 Asia-Pacific
Figure 42 Asia-Pacific: Market Snapshot
12.2.1 Asia-Pacific: Recession Impact
12.2.2 By Efficiency Level
Table 55 Asia-Pacific: Energy Efficient Motor Market, by Efficiency Level, 2021-2028 (USD Million)
12.2.3 By Type
Table 56 Asia-Pacific: Market, by Type, 2021-2028 (USD Million)
12.2.4 By Power Output Rating
Table 57 Asia-Pacific: Market, by Power Output Rating, 2021-2028 (USD Million)
12.2.5 By End-User
Table 58 Asia-Pacific: Market, by End-User, 2021-2028 (USD Million)
12.2.6 By Application
Table 59 Asia-Pacific: Market, by Application, 2021-2028 (USD Million)
12.2.7 By Country
Table 60 Asia-Pacific: Market, by Country, 2021-2028 (USD Million)
12.2.7.1 China
12.2.7.1.1 Government Policies to Promote Energy Efficiency and Environmental Concerns to Drive Market
Table 61 China: Market, by End-User, 2021-2028 (USD Million)
12.2.7.2 Australia
12.2.7.2.1 National Energy Productivity Plan to Support Market Growth
Table 62 Australia: Market, by End-User, 2021-2028 (USD Million)
12.2.7.3 Japan
12.2.7.3.1 Rising Focus on Carbon Neutrality to Push Market Growth
Table 63 Japan: Market, by End-User, 2021-2028 (USD Million)
12.2.7.4 India
12.2.7.4.1 Ongoing Industrialization to Induce Demand for Energy-Efficient Motors
Table 64 India: Market, by End-User, 2021-2028 (USD Million)
12.2.7.5 South Korea
12.2.7.5.1 Strategic Energy Efficiency Policies Introduced by Government to Drive Market
Table 65 South Korea: Market, by End-User, 2021-2028 (USD Million)
12.2.7.6 Rest of Asia-Pacific
Table 66 Rest of Asia-Pacific: Market, by End-User, 2021-2028 (USD Million)
12.3 North America
12.3.1 North America: Recession Impact
Figure 43 North America: Market Snapshot
12.3.2 By Efficiency Level
Table 67 North America: Energy Efficient Motor Market, by Efficiency Level, 2021-2028 (USD Million)
12.3.3 By Type
Table 68 North America: Market, by Type, 2021-2028 (USD Million)
12.3.4 By Power Output Rating
Table 69 North America: Market, by Power Output Rating, 2021-2028 (USD Million)
12.3.5 By End-User
Table 70 North America: Market, by End-User, 2021-2028 (USD Million)
12.3.6 By Application
Table 71 North America: Market, by Application, 2021-2028 (USD Million)
12.3.7 By Country
Table 72 North America: Market, by Country, 2021-2028 (USD Million)
12.3.7.1 US
12.3.7.1.1 Energy Efficiency Standards and Regulation Across Sectors to Boost Market
Table 73 US: Market, by End-User, 2021-2028 (USD Million)
12.3.7.2 Canada
12.3.7.2.1 Stringent Energy Efficiency Regulations and Growing Automotive Sector to Fuel Market Growth
Table 74 Canada: Market, by End-User 2021-2028 (USD Million)
12.3.7.3 Mexico
12.3.7.3.1 Energy Efficiency Programs Under Nama to Accelerate Market Growth
Table 75 Mexico: Market, by End-User, 2021-2028 (USD Million)
12.4 Europe
Figure 44 Europe: Market Snapshot
12.4.1 Europe: Recession Impact
12.4.2 By Efficiency Level
Table 76 Europe: Energy Efficient Motor Market, by Efficiency Level, 2021-2028 (USD Million)
12.4.3 By Power Output Rating
Table 77 Europe: Market, by Power Output Rating, 2021-2028 (USD Million)
12.4.4 By Type
Table 78 Europe: Market, by Type, 2021-2028 (USD Million)
12.4.5 By Application
Table 79 Europe: Market, by Application, 2021-2028 (USD Million)
12.4.6 By End-User
Table 80 Europe: Market, by End-User, 2021-2028 (USD Million)
12.4.7 By Country
Table 81 Europe: Market, by Country, 2021-2028 (USD Million)
12.4.7.1 UK
12.4.7.1.1 Expanding Aerospace & Defense Industry to Drive Market
Table 82 UK: Market, by End-User, 2021-2028 (USD Million)
12.4.7.2 Germany
12.4.7.2.1 Flourishing Industrial Sector and Emission Reduction Targets to Bolster Adoption of Energy-Efficient Motors
Table 83 Germany: Market, by End-User, 2021-2028 (USD Million)
12.4.7.3 France
12.4.7.3.1 Decarbonization Policies to Propel Adoption of Energy-Efficient Motors
Table 84 France: Market, by End-User, 2021-2028 (USD Million)
12.4.7.4 Italy
12.4.7.4.1 Rising Electric Vehicle Adoption to Create Demand for Energy-Efficient Motors
Table 85 Italy: Market, by End-User, 2021-2028 (USD Million)
12.4.7.5 Spain
12.4.7.5.1 Growing Energy Efficiency Targets to Propel Market
Table 86 Spain: Market, by End-User, 2021-2028 (USD Million)
12.4.7.6 Poland
12.4.7.6.1 Growing Investments in Industrial Sector to Create Demand for Energy-Efficient Motors
Table 87 Poland: Market, by End-User, 2021-2028 (USD Million)
12.4.7.7 Rest of Europe
Table 88 Rest of Europe: Market, by End-User, 2021-2028 (USD Million)
12.5 Middle East & Africa
12.5.1 Middle East & Africa: Recession Impact
12.5.2 By Efficiency Level
Table 89 Middle East & Africa: Energy Efficient Motor Market, by Efficiency Level, 2021-2028 (USD Million)
12.5.3 By Type
Table 90 Middle East & Africa: Market, by Type, 2021-2028 (USD Million)
12.5.4 By Power Output Rating
Table 91 Middle East & Africa: Market, by Power Output Rating, 2021-2028 (USD Million)
12.5.5 By End-User
Table 92 Middle East & Africa: Market, by End-User, 2021-2028 (USD Million)
12.5.6 By Application
Table 93 Middle East & Africa: Market, by Application, 2021-2028 (USD Million)
12.5.7 By Country
Table 94 Middle East & Africa: Market, by Country, 2021-2028 (USD Million)
12.5.7.1 Saudi Arabia
12.5.7.1.1 Government Energy Efficiency Programs to Augment Market Growth
Table 95 Saudi Arabia: Market, by End-User, 2021-2028 (USD Million)
12.5.7.2 UAE
12.5.7.2.1 Increasing Energy Consumption and Need to Achieve Net-Zero Targets to Foster Market Growth
Table 96 UAE: Market, by End-User, 2021-2028 (USD Million)
12.5.7.3 Turkey
12.5.7.3.1 Growing Initiatives to Improve Energy Efficiency in Various Sectors to Bolster Market Growth
Table 97 Turkey: Market, by End-User, 2021-2028 (USD Million)
12.5.7.4 South Africa
12.5.7.4.1 Supportive Energy Efficiency Regulations to Favor Market Expansion
Table 98 South Africa: Market, by End-User, 2021-2028 (USD Million)
12.5.7.5 Egypt
12.5.7.5.1 Government Initiatives to Improve Industrial Energy Efficiency to Fuel Market Growth
Table 99 Egypt: Market, by End-User, 2021-2028 (USD Million)
12.5.7.6 Qatar
12.5.7.6.1 Energy Efficiency and Conservation Programs to Encourage Market Growth
Table 100 Qatar: Market, by End-User, 2021-2028 (USD Million)
12.5.7.7 Israel
12.5.7.7.1 Energy Efficiency Labeling Mandates and Net-Zero Targets in Various Sectors to Induce Demand for Energy-Efficient Motors
Table 101 Israel: Market, by End-User, 2021-2028 (USD Million)
12.5.7.8 Rest of Middle East & Africa
Table 102 Rest of Middle East & Africa: Market, by End-User, 2021-2028 (USD Million)
12.6 South America
12.6.1 South America: Recession Impact
12.6.2 By Efficiency Level
Table 103 South America: Energy Efficient Motor Market, by Efficiency Level, 2021-2028 (USD Million)
12.6.3 By Power Output Rating
Table 104 South America: Market, by Power Output Rating, 2021-2028 (USD Million)
12.6.4 By Type
Table 105 South America: Market, by Type, 2021-2028 (USD Million)
12.6.5 By Application
Table 106 South America: Market, by Application, 2021-2028 (USD Million)
12.6.6 By End-User
Table 107 South America: Market, by End-User, 2021-2028 (USD Million)
12.6.7 By Country
Table 108 South America: Market, by Country, 2021-2028 (USD Million)
12.6.7.1 Brazil
12.6.7.1.1 Growing Aerospace & Defense Industry to Drive Market
Table 109 Brazil: Market, by End-User, 2021-2028 (USD Million)
12.6.7.2 Argentina
12.6.7.2.1 Rising Production of Electronic Equipment to Propel Market Landscape
Table 110 Argentina: Market, by End-User, 2021-2028 (USD Million)
12.6.7.3 Chile
12.6.7.3.1 Flourishing Industrial Sector to Accelerate Market Growth
Table 111 Chile: Market, by End-User, 2021-2028 (USD Million)
12.6.7.4 Rest of South America
Table 112 Rest of South America: Market, by End-User, 2021-2028 (USD Million)
13 Competitive Landscape
13.1 Key Player Strategies
Table 113 Overview of Strategies Adopted by Key Manufacturers of Energy-Efficient Motors
13.2 Market Share Analysis of Top Five Players, 2021
Figure 45 Market Share Analysis of Top Five Players in Market, 2021
Table 114 Energy Efficient Motors Market: Degree of Competition
13.3 Energy Efficient Motor Market Share Analysis, 2021
Figure 46 Energy Efficient Motors Market Share Analysis, 2021
13.4 Five-Year Company Revenue Analysis
Figure 47 Revenue Analysis of Top Five Players in Market from 2017 to 2021
13.5 Company Evaluation Quadrant
13.5.1 Stars
13.5.2 Pervasive Players
13.5.3 Emerging Leaders
13.5.4 Participants
Figure 48 Market (Global): Key Company Evaluation Quadrant, 2021
13.6 Start-Ups/Smes Evaluation Quadrant
13.6.1 Progressive Companies
13.6.2 Responsive Companies
13.6.3 Dynamic Companies
13.6.4 Starting Blocks
Figure 49 Market: Start-Ups/Smes Evaluation Quadrant, 2021
13.7 Competitive Benchmarking
Table 115 Energy Efficient Motor Market: Detailed List of Key Start-Ups/Smes
Table 116 Market: Competitive Benchmarking of Key Start-Ups/Smes
13.8 Energy Efficient Motors Market: Company Footprint
Table 117 Power Output Rating: Company Footprint
Table 118 Efficiency Level: Company Footprint
Table 119 Application: Company Footprint
Table 120 Region: Company Footprint
Table 121 Company Footprint
13.9 Competitive Scenarios and Trends
Table 122 Energy Efficient Motor Market: Product Launches, November 2020-May 2022
Table 123 Market: Deals, July 2019-October 2022
Table 124 Market: Others, July 2021-February 2022
14 Company Profiles
14.1 Key Players
(Business Overview, Products/Solutions Offered, Recent Developments, Analyst's View)*
14.1.1 Abb
Table 125 Abb: Company Overview
Figure 50 Abb: Company Snapshot
Table 126 Abb: Products/Solutions Offered
Table 127 Abb: Product Launches
Table 128 Abb: Deals
Table 129 Abb: Others
14.1.2 Siemens
Table 130 Siemens: Company Overview
Figure 51 Siemens: Company Snapshot
Table 131 Siemens: Products/Solutions Offered
Table 132 Siemens: Product Launches
Table 133 Siemens: Deals
Table 134 Siemens: Others
14.1.3 Weg
Table 135 Weg: Company Overview
Figure 52 Weg: Company Snapshot
Table 136 Weg: Products/Solutions Offered
Table 137 Weg: Product Launches
Table 138 Weg: Deals
Table 139 Weg: Others
14.1.4 Wolong Electric Group Co. Ltd
Table 140 Wolong Electric Group Co. Ltd: Company Overview
Table 141 Wolong Electric Group Co. Ltd: Products/Solutions Offered
Table 142 Wolong Electric Group Co. Ltd: Others
14.1.5 Nidec Corporation
Table 143 Nidec Corporation: Company Overview
Figure 53 Nidec Corporation: Company Snapshot
Table 144 Nidec Corporation: Products/Solutions Offered
Table 145 Nidec Corporation: Product Launches
Table 146 Nidec Corporation: Others
14.1.6 Rockwell Automation
Table 147 Rockwell Automation: Company Overview
Figure 54 Rockwell Automation: Company Snapshot
Table 148 Rockwell Automation: Products/Solutions Offered
14.1.7 Cg Power and Industrial Solutions Ltd.
Table 149 Cg Power and Industrial Solutions Ltd.: Company Overview
Figure 55 Cg Power and Industrial Solutions Ltd.: Company Snapshot
Table 150 Cg Power and Industrial Solutions Ltd.: Products/Solutions Offered
14.1.8 Regal Rexnord Corporation
Table 151 Regal Rexnord Corporation: Company Overview
Figure 56 Regal Rexnord Corporation: Company Snapshot
Table 152 Regal Rexnord Corporation: Products/Solutions Offered
14.1.9 Toshiba Corporation
Table 153 Toshiba Corporation: Company Overview
Figure 57 Toshiba Corporation: Company Snapshot
Table 154 Toshiba Corporation: Products/Solutions Offered
14.1.10 Bharat Bijlee
Table 155 Bharat Bijlee: Business Overview
Figure 58 Bharat Bijlee: Company Snapshot, 2021
Table 156 Bharat Bijilee: Products/Solutions Offered
Table 157 Bharat Bijilee: Product Launches
Table 158 Bharat Bijilee: Others
14.1.11 Kirloskar Electric
Table 159 Kirloskar Electric: Company Overview
Figure 59 Kirloskar Electric: Company Snapshot
Table 160 Kirloskar Electric: Products/Solutions Offered
14.1.12 Hoyer Motors
Table 161 Hoyer Motors: Company Overview
Table 162 Hoyer Motors: Products/Solutions Offered
14.1.13 Ome Motors
Table 163 Ome Motors: Company Overview
Table 164 Ome Motors: Products/Solutions Offered
14.1.14 Ec Fans and Drives
Table 165 Ec Fans and Drives: Company Overview
Table 166 Ec Fans and Drives: Products/Solutions Offered
14.1.15 Integrated Electric Co. Pvt. Ltd.
Table 167 Integrated Electric Co. Pvt. Ltd.: Company Overview
Table 168 Integrated Electric Co. Pvt. Ltd.: Products/Solutions Offered
14.1.16 Havells
14.1.17 Mitsubishi Electric
14.1.18 Elektrim Motors
14.1.19 Shanghai Top Motor Co. Ltd.
14.1.20 Menzel Elektromotoren GmbH
*Details on Business Overview, Products/Solutions Offered, Recent Developments, Analyst's View Might Not be Captured in Case of Unlisted Companies.
14.2 Other Players
15 Appendix
15.1 Insights from Industry Experts
15.2 Discussion Guide
15.3 Knowledgestore: The Subscription Portal
15.4 Customization Options
Executive Summary
Companies Mentioned
- Abb
- Bharat Bijlee
- Cg Power and Industrial Solutions Ltd.
- Ec Fans and Drives
- Elektrim Motors
- Havells
- Hoyer Motors
- Integrated Electric Co. Pvt. Ltd.
- Kirloskar Electric
- Menzel Elektromotoren GmbH
- Mitsubishi Electric
- Nidec Corporation
- Ome Motors
- Regal Rexnord Corporation
- Rockwell Automation
- Shanghai Top Motor Co. Ltd.
- Siemens
- Toshiba Corporation
- Weg
- Wolong Electric Group Co. Ltd
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 215 |
| Published | March 2023 |
| Forecast Period | 2023 - 2028 |
| Estimated Market Value ( USD | $ 41.7 Billion |
| Forecasted Market Value ( USD | $ 59.3 Billion |
| Compound Annual Growth Rate | 7.3% |
| Regions Covered | Global |
| No. of Companies Mentioned | 20 |
