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Electric Motor Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2022-2031

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    Report

  • 160 Pages
  • November 2022
  • Region: Global
  • Transparency Market Research
  • ID: 5710028

Electric Motor Market - Scope of Report

This report on the global electric motor market studies the past as well as the current growth trends and opportunities to gain valuable insights of the indicators of the market during the forecast period from 2022 to 2031. The report provides revenue of the global electric motor market for the period 2017-2031, considering 2021 as the base year and 2031 as the forecast year. The report also provides the compound annual growth rate (CAGR %) of the global electric motor market from 2022 to 2031.

The report has been prepared after an extensive research. Primary research involved bulk of the research efforts, wherein analysts carried out interviews with key opinion leaders, industry leaders, and opinion makers. Secondary research involved referring to key players’ product literature, annual reports, press releases, and relevant documents to understand the electric motor market.

Secondary research also included Internet sources, statistical data from government agencies, websites, and trade associations. Analysts employed a combination of top-down and bottom-up approaches to study various attributes of the global electric motor market.

The report includes an elaborate executive summary, along with a snapshot of the growth behavior of various segments included in the scope of the study. Moreover, the report sheds light on the changing competitive dynamics in the global electric motor market. These serve as valuable tools for existing market players as well as for entities interested in participating in the global electric motor market.

The report delves into the competitive landscape of the global electric motor market. Key players operating in the global electric motor market have been identified and each one of these has been profiled, in terms of various attributes. Company overview, financial standings, recent developments, and SWOT are attributes of players in the global electric motor market profiled in this report.

RESEARCH METHODOLOGY

The research methodology will be a combination of exhaustive primary and secondary research to analyze the market electric motor .

Secondary Research

Secondary research includes a search of company literature, technical writing, patent data, Internet sources, and statistical data from government websites, trade associations, and agencies. This has proven to be the most reliable, effective, and successful approach for obtaining precise data, capturing industry participants’ insights, and recognizing business opportunities.

Secondary research sources that we typically refer, but are not limited to:

  • Company websites, presentations, annual reports, white papers, technical paper, product brochure
  • Internal and external proprietary databases and relevant patents
  • National government documents, statistical databases, and market reports
  • News articles, press releases, and webcasts specific to companies operating in the market

Specific Secondary Sources:

Industry Sources:

  • WorldWideScience.org
  • Elsevier, Inc
  • National Institutes of Health (NIH)
  • PubMed
  • NCBI
  • Department of Health Care Service
  • Trade Data Sources
  • Trade Map
  • UN Comtrade
  • Trade Atlas
  • Company Information
  • OneSource Business Browser
  • Hoover’s
  • Factiva
  • Bloomberg
  • Mergers & Acquisitions
  • Thomson Mergers & Acquisitions
  • MergerStat
  • Profound

Primary Research

During the course of research, we conduct in-depth interviews and discussions with a wide range of key industry participants and opinion leaders. Primary research represents bulk of research efforts, supplemented by extensive secondary research.

The publisher conducts primary interviews on the ongoing basis with industry participants and commentators to validate data and analysis. A typical research interview fulfills the following functions:

  • Provides first-hand information on market size, market trends, growth trends, competitive landscape, outlook, etc.
  • Helps in validating and strengthening secondary research findings
  • Further develops the analysis team’s expertise and market understanding
  • Primary research involves e-mail interactions, telephonic interviews, as well as face-to-face interviews for each market, category, segment, and sub-segment across geographies

Participants who typically take part in such a process include, but are not limited to:

  • Industry participants: Marketing/product managers, market intelligence managers, and regional sales managers
  • Purchasing/Sourcing managers, technical personnel, distributors
  • Outside experts: Investment bankers, valuation experts, and research analysts specializing in specific markets
  • Key opinion leaders specializing in different areas corresponding to different industry verticals

List of primary participants, but not limited to:

  • Advanced Oncotherapy PLC
  • Danfysik A/S
  • Hitachi, Ltd
  • IBA Worldwide
  • Mevion Medical Systems, Inc
Data Triangulation: Information culled from “Secondary & Primary Sources” is cross-checked with the publisher's “Knowledge Repository”, which is updated every quarter.

Market Estimation: Market size estimations involved in-depth study of product features, technology updates, geographic presence, product demand, sales data (value or volume), historical year-on-year growth, and others. Other approaches were also utilized to derive market size and forecasts. Where no hard data was available, we employed modeling techniques in order to produce comprehensive datasets. A rigorous methodology has been adopted, wherein the available hard data are cross-referenced with the following data types to produce estimates:

Demographic Data: Healthcare expenditure, inflation rates, and others

Industry Indicators: R&D investment, technology stage, and infrastructure, sector growth, and facilities

Market Forecasting: Market forecasts for various segments are derived taking into account drivers, restraints/challenges, and opportunities prevailing in the market and considering advantages/disadvantages of segments/sub-segments over other segments/sub-segments. Business environment, historical sales pattern, unmet needs, competitive intensity, and country-wise surgery data are some of the other pivotal factors, which are considered to derive market forecasts.

Table of Contents

1. Preface
1.1. Market Definition and Scope
1.2. Market Segmentation
1.3. Key Research Objectives
1.4. Research Highlights

2. Assumptions

3. Research Methodology

4. Executive Summary

5. Market Overview
5.1. Introduction
5.2. Market Dynamics
5.2.1. Drivers
5.2.2. Restraints
5.2.3. Opportunities
5.3. Key Trends Analysis
5.3.1. Demand Side Analysis
5.3.2. Supply Side Analysis
5.4. Key Market Indicators
5.4.1. Automotive Industry Overview
5.4.2. Electronics Product Industry Overview
5.5. Porter’s Five Forces Analysis
5.6. Value Chain Analysis
5.7. Industry SWOT Analysis
5.8. Product Standard and Regulation Framework
5.9. Technological Overview
5.10. Import Export Analysis
5.11. Global Electric Motor Market Analysis and Forecast, 2017 - 2031
5.11.1. Market Revenue Projection (US$ Bn)
5.11.2. Market Revenue Projection (Thousand Units)

6. Global Electric Motor Market Analysis and Forecast, By Product Type
6.1. Electric Motor Market Size (US$ Bn and Thousand Units) Forecast, By Product Type, 2017 - 2031
6.1.1. AC Motor
6.1.1.1. Synchronous
6.1.1.2. Induction
6.1.2. DC Motor
6.1.2.1. Separately Excited
6.1.2.2. Self-excited
6.2. Incremental Opportunity, By Product Type

7. Global Electric Motor Market Analysis and Forecast, By Power Rating
7.1. Electric Motor Market Size (US$ Bn and Thousand Units) Forecast, By Power Rating, 2017 - 2031
7.1.1. Below 1 KW
7.1.2. 1 KW - 2 KW
7.1.3. 2 KW - 375 KW
7.1.4. Above 375 KW
7.2. Incremental Opportunity, By Power Rating

8. Global Electric Motor Market Analysis and Forecast, By Output Power
8.1. Electric Motor Market Size (US$ Bn and Thousand Units) Forecast, By Output Power, 2017 - 2031
8.1.1. Below 1 HP
8.1.2. 1 HP - 500 HP
8.1.3. Above 500 HP
8.2. Incremental Opportunity, By Output Power

9. Global Electric Motor Market Analysis and Forecast, By Rotor Type
9.1. Electric Motor Market Size (US$ Bn and Thousand Units) Forecast, By Rotor Type, 2017 - 2031
9.1.1. Inner Rotor
9.1.2. Outer Rotor
9.2. Incremental Opportunity, By Rotor Type

10. Global Electric Motor Market Analysis and Forecast, By Application
10.1. Electric Motor Market Size (US$ Bn and Thousand Units) Forecast, By Application, 2017 - 2031
10.1.1. Automotive
10.1.2. Aerospace & Defense
10.1.3. Industrial Machinery
10.1.4. HVAC Equipment
10.1.5. Process Industry
10.1.6. Mining Industry
10.1.7. Others
10.2. Incremental Opportunity, By Application

11. Global Electric Motor Market Analysis and Forecast, By Distribution Channel
11.1. Electric Motor Market Size (US$ Bn and Thousand Units) Forecast, By Distribution Channel, 2017 - 2031
11.1.1. Online
11.1.2. Offline
11.1.2.1. Direct Sales
11.1.2.2. Indirect Sales
11.2. Incremental Opportunity, By Distribution Channel

12. North America Electric Motor Market Analysis and Forecast
12.1. Regional Snapshot
12.2. Key Trend Analysis
12.2.1. Demand Side Analysis
12.2.2. Supply Side Analysis
12.3. Price Trend Analysis
12.3.1. Weighted Average Price
12.4. Key Supplier Analysis
12.5. Macroeconomic Scenario
12.6. Electric Motor Market Size (US$ Bn and Thousand Units) Forecast, By Product Type, 2017 - 2031
12.6.1. AC Motor
12.6.1.1. Synchronous
12.6.1.2. Induction
12.6.2. DC Motor
12.6.2.1. Separately Excited
12.6.2.2. Self-excited
12.7. Electric Motor Market Size (US$ Bn and Thousand Units) Forecast, By Power Rating, 2017 - 2031
12.7.1. Below 1 KW
12.7.2. 1 KW - 2 KW
12.7.3. 2 KW - 375 KW
12.7.4. Above 375 KW
12.8. Electric Motor Market Size (US$ Bn and Thousand Units) Forecast, By Output Power, 2017 - 2031
12.8.1. Below 1 HP
12.8.2. 1 HP - 500 HP
12.8.3. Above 500 HP
12.9. Electric Motor Market Size (US$ Bn and Thousand Units) Forecast, By Rotor Type, 2017 - 2031
12.9.1. Inner Rotor
12.9.2. Outer Rotor
12.10. Electric Motor Market Size (US$ Bn and Thousand Units) Forecast, Application, 2017 - 2031
12.10.1. Automotive
12.10.2. Aerospace & Defense
12.10.3. Industrial Machinery
12.10.4. HVAC Equipment
12.10.5. Process Industry
12.10.6. Mining Industry
12.10.7. Others
12.11. Electric Motor Market Size (US$ Bn and Thousand Units) Forecast, By Distribution Channel, 2017 - 2031
12.11.1. Online
12.11.2. Offline
12.11.2.1. Direct Sales
12.11.2.2. Indirect Sales
12.12. Electric Motor Market Size (US$ Bn and Thousand Units) Forecast, By Country, 2017 - 2031
12.12.1. U.S.
12.12.2. Canada
12.12.3. Rest of North America
12.13. Incremental Opportunity Analysis

13. Europe Electric Motor Market Analysis and Forecast
13.1. Regional Snapshot
13.2. Key Trend Analysis
13.2.1. Demand Side Analysis
13.2.2. Supply Side Analysis
13.3. Price Trend Analysis
13.3.1. Weighted Average Price
13.4. Key Supplier Analysis
13.5. Macroeconomic Scenario
13.6. Electric Motor Market Size (US$ Bn and Thousand Units) Forecast, By Product Type, 2017 - 2031
13.6.1. AC Motor
13.6.1.1. Synchronous
13.6.1.2. Induction
13.6.2. DC Motor
13.6.2.1. Separately Excited
13.6.2.2. Self-excited
13.7. Electric Motor Market Size (US$ Bn and Thousand Units) Forecast, By Power Rating, 2017 - 2031
13.7.1. Below 1 KW
13.7.2. 1 KW - 2 KW
13.7.3. 2 KW - 375 KW
13.7.4. Above 375 KW
13.8. Electric Motor Market Size (US$ Bn and Thousand Units) Forecast, By Output Power, 2017 - 2031
13.8.1. Below 1 HP
13.8.2. 1 HP - 500 HP
13.8.3. Above 500 HP
13.9. Electric Motor Market Size (US$ Bn and Thousand Units) Forecast, By Rotor Type, 2017 - 2031
13.9.1. Inner Rotor
13.9.2. Outer Rotor
13.10. Electric Motor Market Size (US$ Bn and Thousand Units) Forecast, Application , 2017 - 2031
13.10.1. Automotive
13.10.2. Aerospace & Defense
13.10.3. Industrial Machinery
13.10.4. HVAC Equipment
13.10.5. Process Industry
13.10.6. Mining Industry
13.10.7. Others
13.11. Electric Motor Market Size (US$ Bn and Thousand Units) Forecast, By Distribution Channel, 2017 - 2031
13.11.1. Online
13.11.2. Offline
13.11.2.1. Direct Sales
13.11.2.2. Indirect Sales
13.12. Electric Motor Market Size (US$ Bn and Thousand Units) Forecast, By Country, 2017 - 2031
13.12.1. U.K.
13.12.2. Germany
13.12.3. France
13.12.4. Rest of Europe
13.13. Incremental Opportunity Analysis

14. Asia Pacific Electric Motor Market Analysis and Forecast
14.1. Regional Snapshot
14.2. Key Trend Analysis
14.2.1. Demand Side Analysis
14.2.2. Supply Side Analysis
14.3. Price Trend Analysis
14.3.1. Weighted Average Price
14.4. Key Supplier Analysis
14.5. Macroeconomic Scenario
14.6. Electric Motor Market Size (US$ Bn and Thousand Units) Forecast, By Product Type, 2017 - 2031
14.6.1. AC Motor
14.6.1.1. Synchronous
14.6.1.2. Induction
14.6.2. DC Motor
14.6.2.1. Separately Excited
14.6.2.2. Self-excited
14.7. Electric Motor Market Size (US$ Bn and Thousand Units) Forecast, By Power Rating, 2017 - 2031
14.7.1. Below 1 KW
14.7.2. 1 KW - 2 KW
14.7.3. 2 KW - 375 KW
14.7.4. Above 375 KW
14.8. Electric Motor Market Size (US$ Bn and Thousand Units) Forecast, By Output Power, 2017 - 2031
14.8.1. Below 1 HP
14.8.2. 1 HP - 500 HP
14.8.3. Above 500 HP
14.9. Electric Motor Market Size (US$ Bn and Thousand Units) Forecast, By Rotor Type, 2017 - 2031
14.9.1. Inner Rotor
14.9.2. Outer Rotor
14.10. Electric Motor Market Size (US$ Bn and Thousand Units) Forecast, Application, 2017 - 2031
14.10.1. Automotive
14.10.2. Aerospace & Defense
14.10.3. Industrial Machinery
14.10.4. HVAC Equipment
14.10.5. Process Industry
14.10.6. Mining Industry
14.10.7. Others
14.11. Electric Motor Market Size (US$ Bn and Thousand Units) Forecast, By Distribution Channel, 2017 - 2031
14.11.1. Online
14.11.2. Offline
14.11.2.1. Direct Sales
14.11.2.2. Indirect Sales
14.12. Electric Motor Market Size (US$ Bn and Thousand Units) Forecast, By Country, 2017 - 2031
14.12.1. China
14.12.2. India
14.12.3. Japan
14.12.4. Rest of Asia Pacific
14.13. Incremental Opportunity Analysis

15. Middle East & Africa Electric Motor Market Analysis and Forecast
15.1. Regional Snapshot
15.2. Key Trend Analysis
15.2.1. Demand Side Analysis
15.2.2. Supply Side Analysis
15.3. Price Trend Analysis
15.3.1. Weighted Average Price
15.4. Key Supplier Analysis
15.5. Macroeconomic Scenario
15.6. Electric Motor Market Size (US$ Bn and Thousand Units) Forecast, By Product Type, 2017 - 2031
15.6.1. AC Motor
15.6.1.1. Synchronous
15.6.1.2. Induction
15.6.2. DC Motor
15.6.2.1. Separately Excited
15.6.2.2. Self-excited
15.7. Electric Motor Market Size (US$ Bn and Thousand Units) Forecast, By Power Rating, 2017 - 2031
15.7.1. Below 1 KW
15.7.2. 1 KW - 2 KW
15.7.3. 2 KW - 375 KW
15.7.4. Above 375 KW
15.8. Electric Motor Market Size (US$ Bn and Thousand Units) Forecast, By Output Power, 2017 - 2031
15.8.1. Below 1 HP
15.8.2. 1 HP - 500 HP
15.8.3. Above 500 HP
15.9. Electric Motor Market Size (US$ Bn and Thousand Units) Forecast, By Rotor Type, 2017 - 2031
15.9.1. Inner Rotor
15.9.2. Outer Rotor
15.10. Electric Motor Market Size (US$ Bn and Thousand Units) Forecast, Application, 2017 - 2031
15.10.1. Automotive
15.10.2. Aerospace & Defense
15.10.3. Industrial Machinery
15.10.4. HVAC Equipment
15.10.5. Process Industry
15.10.6. Mining Industry
15.10.7. Others
15.11. Electric Motor Market Size (US$ Bn and Thousand Units) Forecast, By Distribution Channel, 2017 - 2031
15.11.1. Online
15.11.2. Offline1
15.11.2.1. Direct Sales
15.11.2.2. Indirect Sales
15.12. Electric Motor Market Size (US$ Bn and Thousand Units) Forecast, By Country, 2017 - 2031
15.12.1. GCC
15.12.2. South Africa
15.12.3. Rest of Middle East & Africa
15.13. Incremental Opportunity Analysis

16. South America Electric Motor Market Analysis and Forecast
16.1. Regional Snapshot
16.2. Key Trend Analysis
16.2.1. Demand Side Analysis
16.2.2. Supply Side Analysis
16.3. Price Trend Analysis
16.3.1. Weighted Average Price
16.4. Key Supplier Analysis
16.5. Macroeconomic Scenario
16.6. Electric Motor Market Size (US$ Bn and Thousand Units) Forecast, By Product Type, 2017 - 2031
16.6.1. AC Motor
16.6.1.1. Synchronous
16.6.1.2. Induction
16.6.2. DC Motor
16.6.2.1. Separately Excited
16.6.2.2. Self-excited
16.7. Electric Motor Market Size (US$ Bn and Thousand Units) Forecast, By Power Rating, 2017 - 2031
16.7.1. Below 1 KW
16.7.2. 1 KW - 2 KW
16.7.3. 2 KW - 375 KW
16.7.4. Above 375 KW
16.8. Electric Motor Market Size (US$ Bn and Thousand Units) Forecast, By Output Power, 2017 - 2031
16.8.1. Below 1 HP
16.8.2. 1 HP - 500 HP
16.8.3. Above 500 HP
16.9. Electric Motor Market Size (US$ Bn and Thousand Units) Forecast, By Rotor Type, 2017 - 2031
16.9.1. Inner Rotor
16.9.2. Outer Rotor
16.10. Electric Motor Market Size (US$ Bn and Thousand Units) Forecast, Application, 2017 - 2031
16.10.1. Automotive
16.10.2. Aerospace & Defense
16.10.3. Industrial Machinery
16.10.4. HVAC Equipment
16.10.5. Process Industry
16.10.6. Mining Industry
16.10.7. Others
16.11. Electric Motor Market Size (US$ Bn and Thousand Units) Forecast, By Distribution Channel, 2017 - 2031
16.11.1. Online
16.11.2. Offline
16.11.2.1. Direct Sales
16.11.2.2. Indirect Sales
16.12. Electric Motor Market Size (US$ Bn and Thousand Units) Forecast, By Country, 2017 - 2031
16.12.1. Brazil
16.12.2. Rest of South America
16.13. Incremental Opportunity Analysis

17. Competition Landscape
17.1. Market Player - Competition Dashboard
17.2. Market Share % - 2021
17.3. Company Profiles (Details - Company Overview, Product Portfolio, Sales Area/Geographical Presence, Revenue, Strategy & Business Overview)
17.3.1. ABB Group
17.3.1.1. Company Overview
17.3.1.2. Product Portfolio
17.3.1.3. Sales Area/Geographical Presence
17.3.1.4. Revenue
17.3.1.5. Strategy & Business Overview
17.3.2. Allied Motion Technologies Inc.
17.3.2.1. Company Overview
17.3.2.2. Product Portfolio
17.3.2.3. Sales Area/Geographical Presence
17.3.2.4. Revenue
17.3.2.5. Strategy & Business Overview
17.3.3. Buhler Motor GmbH.
17.3.3.1. Company Overview
17.3.3.2. Product Portfolio
17.3.3.3. Sales Area/Geographical Presence
17.3.3.4. Revenue
17.3.3.5. Strategy & Business Overview
17.3.4. Johnson Electric
17.3.4.1. Company Overview
17.3.4.2. Product Portfolio
17.3.4.3. Sales Area/Geographical Presence
17.3.4.4. Revenue
17.3.4.5. Strategy & Business Overview
17.3.5. Mitsubishi Heavy Industries
17.3.5.1. Company Overview
17.3.5.2. Product Portfolio
17.3.5.3. Sales Area/Geographical Presence
17.3.5.4. Revenue
17.3.5.5. Strategy & Business Overview
17.3.6. Nidec Corporation
17.3.6.1. Company Overview
17.3.6.2. Product Portfolio
17.3.6.3. Sales Area/Geographical Presence
17.3.6.4. Revenue
17.3.6.5. Strategy & Business Overview
17.3.7. Robert Bosch GmbH
17.3.7.1. Company Overview
17.3.7.2. Product Portfolio
17.3.7.3. Sales Area/Geographical Presence
17.3.7.4. Revenue
17.3.7.5. Strategy & Business Overview
17.3.8. Siemens AG
17.3.8.1. Company Overview
17.3.8.2. Product Portfolio
17.3.8.3. Sales Area/Geographical Presence
17.3.8.4. Revenue
17.3.8.5. Strategy & Business Overview
17.3.9. Toshiba Corporation
17.3.9.1. Company Overview
17.3.9.2. Product Portfolio
17.3.9.3. Sales Area/Geographical Presence
17.3.9.4. Revenue
17.3.9.5. Strategy & Business Overview
17.3.10. WEG
17.3.10.1. Company Overview
17.3.10.2. Product Portfolio
17.3.10.3. Sales Area/Geographical Presence
17.3.10.4. Revenue
17.3.10.5. Strategy & Business Overview

18. Key Takeaway
18.1. Identification of Potential Market Spaces
18.1.1. By Product Type
18.1.2. By Power Rating
18.1.3. By Output Power
18.1.4. By Rotor Type
18.1.5. By Application
18.1.6. By Distribution Channel
18.1.7. By Region
18.2. Preferred Sales & Marketing Strategy

Companies Mentioned

A selection of companies mentioned in this report includes:

  • ABB Group
  • Allied Motion Technologies Inc.
  • Buhler Motor GmbH.
  • Johnson Electric
  • Mitsubishi Heavy Industries
  • Nidec Corporation
  • Robert Bosch GmbH
  • Siemens AG
  • Toshiba Corporation
  • WEG