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Global Electric Motor Market to Witness 5.9% CAGR During 2018– 2024, Johnson Electric, Holdings Limited, AMETEK,
Global Electric Motor Market
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APAC is projected to lead the global electric motor market even during the forecast period. The increasing number of original equipment manufacturer (OEMs) across the region with focus on the usage of electric motors across varied sector, particularly agriculture, automotive, and commercial is expected to contribute to the market growth in APAC. Moreover, the government of developing countries of the region is primarily focusing on promoting in-house manufacture of components, in accordance to the huge investments for industrialization which is further propelling the growth of the electric motor market in APAC.
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Some of the other leading players in the electric motor industry include Johnson Electric, Holdings Limited, AMETEK, Inc., Franklin Electric Co., Inc., Denso Corporation, Robert Bosch GmbH, SL Montevideo Technology, Inc., Siemens AG, ABB Ltd., and ARC Systems, Inc.
Global Electric Motor Market Coverage
Motor Type Insight and Forecast 2014-2024
• Direct Current (DC) Motor
• Alternating Current (AC) Motor
• Hermetic Motor Vibration
Output Power Insight and Forecast 2014-2024
• Integral Horsepower Output
• Fractional Horsepower
Application Insight and Forecast 2014-2024
• Industrial Machinery
• Motor Vehicles
• Transportation
• Household Appliances
• Others Industrial
Geographical Segmentation
Electric Motor Market System Market by Region
North America
• U.S.
• Canada
• Mexico
Europe
• Germany
• France
• U.K.
• Italy
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• Rest of Asia-Pacific
Rest of the World (RoW)
• Brazil
• South Africa
• Saudi Arabia
• Other Countries
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