Quick Summary:
In an ever-evolving world, the market for DC Motors continues to see significant growth. Emergent technologies and shifting demands are driving an industry surge, with a total projected value upward of US$20.8 Billion by 2030. For stakeholders aiming to understand this evolving landscape and leverage key growth opportunities, comprehensive market insights become essential - and our report provides just that.
Understand core changes in the DC Motors market with clear-sighted analysis of segments such as Pumps and HVAC. Explore geographic market forecasts including powerful economies such as the U.S. and China, offering not only a global outlook but a granular regional perspective. In addition to this, gain an in-depth view of the competitive landscape with data regarding key market players such as ABB, Emerson Electric, Faulhaber and Siemens. With this report, we equip you with the knowledge to make informed business strategies in a dynamic market environment.
Global DC Motors Market to Reach $20.8 Billion by 2030
The global market for DC Motors estimated at US$9.4 Billion in the year 2022, is projected to reach a revised size of US$20.8 Billion by 2030, growing at a CAGR of 10.4% over the analysis period 2022-2030. Pumps, one of the segments analyzed in the report, is projected to record 11.6% CAGR and reach US$5.1 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the HVAC segment is readjusted to a revised 12.2% CAGR for the next 8-year period.
The U.S. Market is Estimated at $2.6 Billion, While China is Forecast to Grow at 15.8% CAGR
The DC Motors market in the U.S. is estimated at US$2.6 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$5.1 Billion by the year 2030 trailing a CAGR of 15.8% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 5.5% and 9.2% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 6.6% CAGR.Select Competitors (Total 13 Featured) -
- ABB
- Emerson Electric
- Faulhaber
- Siemens
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its 'bumpy' reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
What is the estimated value of the Global Market for DC Motors?
What is the growth rate of the Global Market for DC Motors?
What is the forecasted size of the Global Market for DC Motors?
Who are the key companies in the Global Market for DC Motors?
| Report Attribute | Details |
|---|---|
| No. of Pages | 79 |
| Published | November 2023 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value ( USD | $ 9.4 Billion |
| Forecasted Market Value ( USD | $ 20.8 Billion |
| Compound Annual Growth Rate | 10.4% |
| Regions Covered | Global |
Table of Contents
Companies Mentioned
A selection of companies mentioned in this report includes:
- ABB
- Emerson Electric
- Faulhaber
- Siemens
