NEW YORK, Oct. 3, 2022 /PRNewswire/ — The Electric Motor Sales Market is set to grow by USD 52.69 bn during 2022-2026, progressing at a CAGR of 6.38% during the forecast period, according to Technavio. The electric motor sales market is fragmented, and the vendors are deploying organic and inorganic growth strategies to compete in the market. ABB Ltd., Allied Motion Technologies Inc., AMETEK Inc., Arc Systems Inc., Brook Crompton Group, Denso Corp., Franklin Electric Co. Inc., Hyosung Heavy Industries Corp., Johnson Electric Holdings Ltd, maxon motor AG, Nidec Corp., are some of the major market participants. The electric motor sales market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the revenue, consumer base, and prospects of the leading companies.
For highlights on the vendor profiles – Request a Sample Report
Electric Motor Sales Market 2022-2026: Scope
- Electric Motor Sales Market size
- Electric Motor Sales Market trends
- Electric Motor Sales Market industry analysis
Electric Motor Sales Market in US 2022-2026: Drivers & challenges
The transition of the global automotive industry to EV and robotic technologies is one of the major drivers impacting electric motor sales market growth. The global automotive industry is transitioning to electromobility as EV technology undergoes major changes. In Europe, EVs equipped with electric motors are becoming more popular as a result of active efforts to create a decarbonized society. Advances in battery technology have reduced battery costs and increased charging speeds. Increased government support in the form of tax breaks and incentives to promote eco-friendly EVs with electric motors also provides growth opportunities for the electric motor sales market. According to the IEA, China is expected to make up 50% of the world’s EV fleet by 2025. Furthermore, emerging robotics technology is likely to present some opportunities for European market players in selling electric motors shortly during the forecast period.
However, the easy availability of low-cost electric motors is one of the major challenges impeding electric motor sales market growth. The electric motor sales market is highly fragmented, with many domestic and foreign players. Product quality is a key differentiator in this market. The organized sector of the electric motor sales market mainly caters to industrial buyers and maintains excellent product quality, while the unorganized sector offers a cost-effective market for developing local markets. In most countries, local electric motor makers target unorganized sectors and fiercely compete with global suppliers in their respective markets. Major market players now face stiff competition from such unorganized suppliers of low-cost and inferior quality electric motors. This will hamper the growth of the electric motor sales market during the forecast period.
To know about all drivers & challenges – Download a Sample Now!
Electric Motor Sales Market 2022-2026 : Segmentation
Electric Motor Sales Market is segmented as below:
- Application
- Industrial
- Residential
- Commercial
- Geography
- APAC
- Europe
- North America
- South America
- Middle East And Africa
Electric Motor Sales Market 2022-2026: Key Highlights
- CAGR of the market during the forecast period 2022-2026
- Detailed information on factors that will assist electric motor sales market growth during the next five years
- Estimation of the electric motor sales market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the electric motor sales market
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of electric motor sales market vendors
Related Reports:
|
Electric Motor Sales Market Scope |
|
|
Report Coverage |
Details |
|
Page number |
120 |
|
Base year |
2021 |
|
Forecast period |
2022-2026 |
|
Growth momentum & CAGR |
Accelerate at a CAGR of 6.38% |
|
Market growth 2022-2026 |
USD 52.69 billion |
|
Market structure |
Fragmented |
|
YoY growth (%) |
6.12 |
|
Regional analysis |
APAC, Europe, North America, South America, and Middle East and Africa |
|
Performing market contribution |
APAC at 47% |
|
Key consumer countries |
US, China, Germany, France, and UK |
|
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
|
Companies profiled |
ABB Ltd., Allied Motion Technologies Inc., AMETEK Inc., Arc Systems Inc., Brook Crompton Group, Denso Corp., Franklin Electric Co. Inc., Hyosung Heavy Industries Corp., Johnson Electric Holdings Ltd, maxon motor AG, Nidec Corp., Regal Rexnord Corp., Rockwell Automation Inc., Siemens AG, TECO Electric and Machinery Co. Ltd., TOSHIBA CORP, WEG SA, and Wolong ELectric Group |
|
Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, and market condition analysis for the forecast period. |
|
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Table Of Contents :
1 Executive Summary
- 1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
- Exhibit 06: Executive Summary – Chart on Incremental Growth
- Exhibit 07: Executive Summary – Data Table on Incremental Growth
- Exhibit 08: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 09: Parent market
- Exhibit 10: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 11: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 12: Market segments
- 3.3 Market size 2021
- 3.4 Market outlook: Forecast for 2021-2026
- Exhibit 13: Chart on Global – Market size and forecast 2021-2026 ($ billion)
- Exhibit 14: Data Table on Global – Market size and forecast 2021-2026 ($ billion)
- Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
- Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)
4 Five Forces Analysis
- 4.1 Five forces summary
- Exhibit 17: Five forces analysis – Comparison between 2021 and 2026
- 4.2 Bargaining power of buyers
- Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
- 4.3 Bargaining power of suppliers
- Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
- 4.4 Threat of new entrants
- Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
- 4.5 Threat of substitutes
- Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
- 4.6 Threat of rivalry
- Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
- 4.7 Market condition
- Exhibit 23: Chart on Market condition – Five forces 2021 and 2026
5 Market Segmentation by Application
- 5.1 Market segments
- Exhibit 24: Chart on Application – Market share 2021-2026 (%)
- Exhibit 25: Data Table on Application – Market share 2021-2026 (%)
- 5.2 Comparison by Application
- Exhibit 26: Chart on Comparison by Application
- Exhibit 27: Data Table on Comparison by Application
- 5.3 Industrial – Market size and forecast 2021-2026
- Exhibit 28: Chart on Industrial – Market size and forecast 2021-2026 ($ billion)
- Exhibit 29: Data Table on Industrial – Market size and forecast 2021-2026 ($ billion)
- Exhibit 30: Chart on Industrial – Year-over-year growth 2021-2026 (%)
- Exhibit 31: Data Table on Industrial – Year-over-year growth 2021-2026 (%)
- 5.4 Residential – Market size and forecast 2021-2026
- Exhibit 32: Chart on Residential – Market size and forecast 2021-2026 ($ billion)
- Exhibit 33: Data Table on Residential – Market size and forecast 2021-2026 ($ billion)
- Exhibit 34: Chart on Residential – Year-over-year growth 2021-2026 (%)
- Exhibit 35: Data Table on Residential – Year-over-year growth 2021-2026 (%)
- 5.5 Commercial – Market size and forecast 2021-2026
- Exhibit 36: Chart on Commercial – Market size and forecast 2021-2026 ($ billion)
- Exhibit 37: Data Table on Commercial – Market size and forecast 2021-2026 ($ billion)
- Exhibit 38: Chart on Commercial – Year-over-year growth 2021-2026 (%)
- Exhibit 39: Data Table on Commercial – Year-over-year growth 2021-2026 (%)
- 5.6 Automotive – Market size and forecast 2021-2026
- Exhibit 40: Chart on Automotive – Market size and forecast 2021-2026 ($ billion)
- Exhibit 41: Data Table on Automotive – Market size and forecast 2021-2026 ($ billion)
- Exhibit 42: Chart on Automotive – Year-over-year growth 2021-2026 (%)
- Exhibit 43: Data Table on Automotive – Year-over-year growth 2021-2026 (%)
- 5.7 Market opportunity by Application
- Exhibit 44: Market opportunity by Application ($ billion)
6 Customer Landscape
- 6.1 Customer landscape overview
- Exhibit 45: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
7 Geographic Landscape
- 7.1 Geographic segmentation
- Exhibit 46: Chart on Market share by geography 2021-2026 (%)
- Exhibit 47: Data Table on Market share by geography 2021-2026 (%)
- 7.2 Geographic comparison
- Exhibit 48: Chart on Geographic comparison
- Exhibit 49: Data Table on Geographic comparison
- 7.3 APAC – Market size and forecast 2021-2026
- Exhibit 50: Chart on APAC – Market size and forecast 2021-2026 ($ billion)
- Exhibit 51: Data Table on APAC – Market size and forecast 2021-2026 ($ billion)
- Exhibit 52: Chart on APAC – Year-over-year growth 2021-2026 (%)
- Exhibit 53: Data Table on APAC – Year-over-year growth 2021-2026 (%)
- 7.4 Europe – Market size and forecast 2021-2026
- Exhibit 54: Chart on Europe – Market size and forecast 2021-2026 ($ billion)
- Exhibit 55: Data Table on Europe – Market size and forecast 2021-2026 ($ billion)
- Exhibit 56: Chart on Europe – Year-over-year growth 2021-2026 (%)
- Exhibit 57: Data Table on Europe – Year-over-year growth 2021-2026 (%)
- 7.5 North America – Market size and forecast 2021-2026
- Exhibit 58: Chart on North America – Market size and forecast 2021-2026 ($ billion)
- Exhibit 59: Data Table on North America – Market size and forecast 2021-2026 ($ billion)
- Exhibit 60: Chart on North America – Year-over-year growth 2021-2026 (%)
- Exhibit 61: Data Table on North America – Year-over-year growth 2021-2026 (%)
- 7.6 South America – Market size and forecast 2021-2026
- Exhibit 62: Chart on South America – Market size and forecast 2021-2026 ($ billion)
- Exhibit 63: Data Table on South America – Market size and forecast 2021-2026 ($ billion)
- Exhibit 64: Chart on South America – Year-over-year growth 2021-2026 (%)
- Exhibit 65: Data Table on South America – Year-over-year growth 2021-2026 (%)
- 7.7 Middle East and Africa – Market size and forecast 2021-2026
- Exhibit 66: Chart on Middle East and Africa – Market size and forecast 2021-2026 ($ billion)
- Exhibit 67: Data Table on Middle East and Africa – Market size and forecast 2021-2026 ($ billion)
- Exhibit 68: Chart on Middle East and Africa – Year-over-year growth 2021-2026 (%)
- Exhibit 69: Data Table on Middle East and Africa – Year-over-year growth 2021-2026 (%)
- 7.8 China – Market size and forecast 2021-2026
- Exhibit 70: Chart on China – Market size and forecast 2021-2026 ($ billion)
- Exhibit 71: Data Table on China – Market size and forecast 2021-2026 ($ billion)
- Exhibit 72: Chart on China – Year-over-year growth 2021-2026 (%)
- Exhibit 73: Data Table on China – Year-over-year growth 2021-2026 (%)
- 7.9 Germany – Market size and forecast 2021-2026
- Exhibit 74: Chart on Germany – Market size and forecast 2021-2026 ($ billion)
- Exhibit 75: Data Table on Germany – Market size and forecast 2021-2026 ($ billion)
- Exhibit 76: Chart on Germany – Year-over-year growth 2021-2026 (%)
- Exhibit 77: Data Table on Germany – Year-over-year growth 2021-2026 (%)
- 7.10 US – Market size and forecast 2021-2026
- Exhibit 78: Chart on US – Market size and forecast 2021-2026 ($ billion)
- Exhibit 79: Data Table on US – Market size and forecast 2021-2026 ($ billion)
- Exhibit 80: Chart on US – Year-over-year growth 2021-2026 (%)
- Exhibit 81: Data Table on US – Year-over-year growth 2021-2026 (%)
- 7.11 France – Market size and forecast 2021-2026
- Exhibit 82: Chart on France – Market size and forecast 2021-2026 ($ billion)
- Exhibit 83: Data Table on France – Market size and forecast 2021-2026 ($ billion)
- Exhibit 84: Chart on France – Year-over-year growth 2021-2026 (%)
- Exhibit 85: Data Table on France – Year-over-year growth 2021-2026 (%)
- 7.12 UK – Market size and forecast 2021-2026
- Exhibit 86: Chart on UK – Market size and forecast 2021-2026 ($ billion)
- Exhibit 87: Data Table on UK – Market size and forecast 2021-2026 ($ billion)
- Exhibit 88: Chart on UK – Year-over-year growth 2021-2026 (%)
- Exhibit 89: Data Table on UK – Year-over-year growth 2021-2026 (%)
- 7.13 Market opportunity by geography
- Exhibit 90: Market opportunity by geography ($ billion)
8 Drivers, Challenges, and Trends
- 8.1 Market drivers
- 8.2 Market challenges
- 8.3 Impact of drivers and challenges
- Exhibit 91: Impact of drivers and challenges in 2021 and 2026
- 8.4 Market trends
9 Vendor Landscape
- 9.1 Overview
- 9.2 Vendor landscape
- Exhibit 92: Overview on Criticality of inputs and Factors of differentiation
- 9.3 Landscape disruption
- Exhibit 93: Overview on factors of disruption
- 9.4 Industry risks
- Exhibit 94: Impact of key risks on business
10 Vendor Analysis
- 10.1 Vendors covered
- Exhibit 95: Vendors covered
- 10.2 Market positioning of vendors
- Exhibit 96: Matrix on vendor position and classification
- 10.3 ABB Ltd.
- Exhibit 97: ABB Ltd. – Overview
- Exhibit 98: ABB Ltd. – Business segments
- Exhibit 99: ABB Ltd. – Key news
- Exhibit 100: ABB Ltd. – Key offerings
- Exhibit 101: ABB Ltd. – Segment focus
- 10.4 AMETEK Inc.
- Exhibit 102: AMETEK Inc. – Overview
- Exhibit 103: AMETEK Inc. – Business segments
- Exhibit 104: AMETEK Inc. – Key offerings
- Exhibit 105: AMETEK Inc. – Segment focus
- 10.5 Brook Crompton Group
- Exhibit 106: Brook Crompton Group – Overview
- Exhibit 107: Brook Crompton Group – Key offerings
- 10.6 Franklin Electric Co. Inc.
- Exhibit 108: Franklin Electric Co. Inc. – Overview
- Exhibit 109: Franklin Electric Co. Inc. – Business segments
- Exhibit 110: Franklin Electric Co. Inc. – Key news
- Exhibit 111: Franklin Electric Co. Inc. – Key offerings
- Exhibit 112: Franklin Electric Co. Inc. – Segment focus
- 10.7 Johnson Electric Holdings Ltd
- Exhibit 113: Johnson Electric Holdings Ltd – Overview
- Exhibit 114: Johnson Electric Holdings Ltd – Business segments
- Exhibit 115: Johnson Electric Holdings Ltd – Key offerings
- Exhibit 116: Johnson Electric Holdings Ltd – Segment focus
- 10.8 Regal Rexnord Corp.
- Exhibit 117: Regal Rexnord Corp. – Overview
- Exhibit 118: Regal Rexnord Corp. – Business segments
- Exhibit 119: Regal Rexnord Corp. – Key offerings
- Exhibit 120: Regal Rexnord Corp. – Segment focus
- 10.9 Rockwell Automation Inc.
- Exhibit 121: Rockwell Automation Inc. – Overview
- Exhibit 122: Rockwell Automation Inc. – Business segments
- Exhibit 123: Rockwell Automation Inc. – Key news
- Exhibit 124: Rockwell Automation Inc. – Key offerings
- Exhibit 125: Rockwell Automation Inc. – Segment focus
- 10.10 Siemens AG
- Exhibit 126: Siemens AG – Overview
- Exhibit 127: Siemens AG – Business segments
- Exhibit 128: Siemens AG – Key news
- Exhibit 129: Siemens AG – Key offerings
- Exhibit 130: Siemens AG – Segment focus
- 10.11 TOSHIBA CORP
- Exhibit 131: TOSHIBA CORP – Overview
- Exhibit 132: TOSHIBA CORP – Business segments
- Exhibit 133: TOSHIBA CORP – Key offerings
- Exhibit 134: TOSHIBA CORP – Segment focus
- 10.12 WEG SA
- Exhibit 135: WEG SA – Overview
- Exhibit 136: WEG SA – Business segments
- Exhibit 137: WEG SA – Key offerings
- Exhibit 138: WEG SA – Segment focus
11 Appendix
- 11.1 Scope of the report
- 11.2 Inclusions and exclusions checklist
- Exhibit 139: Inclusions checklist
- Exhibit 140: Exclusions checklist
- 11.3 Currency conversion rates for US$
- Exhibit 141: Currency conversion rates for US$
- 11.4 Research methodology
- Exhibit 142: Research methodology
- Exhibit 143: Validation techniques employed for market sizing
- Exhibit 144: Information sources
- 11.5 List of abbreviations
- Exhibit 145: List of abbreviations
- adoption of automation in manufacturing the process: The requirement of automation has evolved multifold in the industrial environment. The automation solutions have improved from the implementation of fixed automation to the current flexible and integrated automation, which enables end-users to integrate various processes into a single closed solution. The need to address optimization of processes, extend the level of autonomous processes, continuous monitoring and control of process parameters and safety concerns are driving the implementation of flexible automation solutions in the process and discrete industries.
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/
SOURCE Technavio
