Global Electric Motors and Electric Drives Market Outlook, 2019

This research presents the scenario in the global electric motors and electric drives market in 2019 including sales by different geographic regions, by different motor technologies, by different motor power ratings, drive technologies, and by major end-user industries. In addition to this, the research discusses the latest technology and business trends, latest news about motor and drives manufacturers in 2018 and 2019, and competitive revenues, and market shares in 2018.

It covers sales revenue segmented by different geographic regions, such as North America, Latin America, Europe, the Middle East and Africa, China, India, and Rest of Asia, by different motor technologies such as AC motor, DC motor, electronically commutated (EC) or brushless motor, servo and stepper motor; by different motor power ratings; by different drive technologies such as AC drives, DC drives, and servo drives; by different drive voltage rating such as low-voltage (LV) drives and medium-voltage (MV) drives.

The end-user industries covered are oil & gas, metals & mining, electric power generation, chemicals & petrochemicals, food & beverage, water & wastewater treatment (WWT), heating, ventilation & air conditioning (HVAC) - this segment is included only for electric drives market - discrete industries (manufacturing of automotive, aerospace, defense, electronics, semiconductors), other process industries, and medical devices & building automation - this segment is included only for electric motors market.

Competitor analyses and market shares for 2018 have been provided by region, by motor technology and by motor power rating (fractional horsepower motor), low-voltage integral horsepower (LV IHP) motor, and high-voltage integral horsepower (HV IHP) motor. Similarly, competitor analysis for drives market has been provided by region, drive technology, and drive voltage rating.

The major motor suppliers covered in the research include ABB (includes Baldor), Siemens AG, Nidec Corporation, WEG, Regal Beloit Corporation, Wolong Electric, TECO Electric & Machinery, and Toshiba Industrial Corporation. The major drives suppliers covered in the research are ABB, Siemens AG, Danfoss, Schneider Electric, Rockwell Automation, and Yaskawa Electric.

Key Issues Addressed

• What is the size of the global electric motor market and electric drives market?
• How is the market revenue expected to grow in 2019?
• How is the revenue split among different end-user segments across geographic regions and product segments?
• Which segments are the fastest-growing segments and which segments offer significant growth potential for electric motor manufacturers in 2019?
• Which product segments should manufacturers focus on to take advantage of the arising opportunities?
• Who are the major competitors in the global market and in the different regional markets?
• Are particular motor technologies such as permanent magnet motor and EC motor increasingly being preferred by customers? What is the reason?