Electric Motor Market Size to reach a value of $175.5 billion by 2024- KBV Research

Electric Motor Market Size to reach a value of $175.5 billion by 2024- KBV Research

According to a new report Global Electric Motor Market , published by KBV research, The Global Electric Motor Market size is expected to reach $ 175.5 billion by 2024, rising at a market growth of 7.4% CAGR during the forecast period.


The North America market would grow at CAGR of 6.7% during the forecast period. The Europe market is expected to witness CAGR of 7.1% during (2018-2024). Additionally, The Asia Pacific market is expected to witness CAGR of 7.8% during (2018-2024).


The Fractional Horsepower (FHP) Output market dominated the Global Electric Motor Market by Output Power 2017. The Integral Horsepower (FHP) Output market is expected to witness CAGR of 6.2% during (2018-2024).


The Motor Vehicles market dominated the Global Electric Motor Market by End User 2017, growing at a CAGR of 6.4% during the forecast period. The Industrial Machinery market is expected to witness CAGR of 6.6% during (2018-2024). The Heating Ventilating and Cooling (HVAC) Equipment market is expected to witness CAGR of 8.7% during (2018-2024). Additionally, The Household Appliances market is expected to witness the highest CAGR of 9% during (2018-2024).


 


Full Report: https://www.kbvresearch.com/global-electric-motor-market/


For more details: https://www.kbvresearch.com/subscription-model/


 


The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impact factors of the market have been discussed in the report with the elaborated company profiles of Robert Bosch GmbH, General Electric (GE), Siemens AG, Hitachi, Ltd., Mitsubishi Heavy Industries Ltd., ABB Corporation, Emerson Electric Co. , Denso Corporation, Toshiba Corporation, and Brook Crompton UK Ltd.


Global Electric Motor Market Segmentation


 


By Component


AC Motor


Synchronous AC Motor


Induction AC Motor


DC Motor


Brushless DC Motor


Brushed DC Motor


Hermetic Motor


 


By Output Power


Fractional Horsepower (FHP) Output


Integral Horsepower (FHP) Output


 


By End User


Motor Vehicles


Industrial Machinery


Heating Ventilating and Cooling (HVAC) Equipment


Household Appliances


Aerospace & Transportation


Others


 


By Geography


North America


US


Canada


Mexico


Rest of North America


 


Europe


Germany


UK


France


Russia


Spain


Italy


Rest of Europe


 


Asia Pacific


China


Japan


India


South Korea


Singapore


Malaysia


Rest of Asia Pacific


 


LAMEA


Brazil


Argentina


UAE


Saudi Arabia


South Africa


Nigeria


Rest of LAMEA


 


Companies Profiled


Robert Bosch GmbH


General Electric (GE)


Siemens AG


Hitachi, Ltd.


Mitsubishi Heavy Industries Ltd.


ABB Corporation


Emerson Electric Co.


Denso Corporation


Toshiba Corporation


Brook Crompton UK Ltd.


 


Unique Offerings from KBV Research


Exhaustive coverage of Electric Motor Market Size


Highest number of market tables and figures


Subscription based model available


Guaranteed best price


Assured post sales research support with 10% customization free


 


Related Reports:


North America Market


Europe Market


Asia Pacific Market


LAMEA Market


 

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TAGS: Electric Motor Market Size, KBV Research, Electric Motor Market, Electric Motor, Electric Motor Market Growth, Electric

EN: Ciencia y tecnología