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Electric Motor Market to Reach $136.4 Billion, Globally, by 2025 at 4.5% CAGR: Allied Market Research

Increase in demand for energy-efficient electric motors, high demand in agricultural & industrial sectors, rise in awareness about electric & green vehicles among customers and upsurge in HVAC applications have fueled the growth of the global electric motor market

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Allied Analytics LLP

17 Jun, 2019, 12:37 GMT

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PORTLAND, Oregon, June 17, 2019 /PRNewswire/ -- Allied Market Research published a report, titled, "Electric Motor Market by Type (AC Motor, DC Motor, and Hermetic Motor), Output Power (IHP and FHP), Voltage Range (9 V & below, 10-20 V, 21-60 V, 60 V & Above), Application (Industrial Machinery, Motor Vehicle, HVAC Equipment, Aerospace & Transportation, and Household Appliances) & Speed (Low-speed, Medium-speed, High-speed, Ultrahigh-speed): Global Opportunity Analysis and Industry Forecast, 2018–2025." As per the report, the global electric motor market was estimated at $96.9 billion in 2017 and is expected to reach $136.4 billion by 2025, growing at a CAGR of 4.5% from 2018 to 2025. The report offers an in-depth analysis of top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive scenario, and changing market trends.

Download Sample Report: https://www.alliedmarketresearch.com/request-sample/216

Increase in demand for energy-efficient electric motors, high demand in agricultural & industrial sectors, rise in awareness about electric & green vehicles among customers, and upsurge in HVAC applications have fueled the growth of the global electric motor market. On the other hand, high initial cost of motors hinders the growth to certain extent. However, standardization & regulatory norms in emerging markets and improvement in design methods to reduce carbon emissions are expected to create a number of opportunities in the market.

The AC motor segment to maintain its leadership status till 2025

Based on motor type, the AC motor segment held the largest share, accounting for more than two-thirds of the total market share. Rise in adoption of AC motors owing to its availability in all sizes and low prices of permanent magnets are the major factors that have driven the growth of the segment.

The FHP output segment to remain lucrative during the estimated period

Based on output power, the FHP output segment accounted for more than four-fifths of the total market and is anticipated to rule the roost throughout the study period. Increasing adoption of FHP output motors in healthcare sector has worked as the major driving factor behind the growth of the sector. Simultaneously, the same segment is expected to grow at the highest CAGR of 4.6% during the period, 2018–2025.

For Purchase Enquiry: https://www.alliedmarketresearch.com/purchase-enquiry/216

North America to maintain its dominance throughout the forecast period

Based on geography, North America contributed to more than one-third of the total market share in 2017 and is expected to dominate during the forecast period. Increase in demand for application-specific medical tools and industrial equipment & machinery for various industrial processes & activities have spurred the growth. The Asia-Pacific region, on the other hand, is projected to grow at the fastest CAGR of 5.4% during the study period.

Key market players

Leading market players analyzed in the report include Siemens AG, Baldor Electric Incorporation, Johnson Electric Holdings Limited, Allied Motion Technologies Inc., Ametek Incorporation, Asmo Corporation Limited, Franklin Electric Cooperative Incorporation Brook Crompton UK Limited, ARC Systems Incorporation, and Rockwell Automation Incorporation. These players have implemented various market strategies such as partnerships, collaboration, mergers & acquisitions, and new product launch to retain their stand in the industry.

Access KNOWLEDGE TREE (Premium on-demand, subscription-based pricing model) at: https://www.alliedmarketresearch.com/knowledgetree

Knowledge tree is a cloud-based intelligence platform that offers more than 2,000 selective, off-the-shelf reports on niche markets to enable our clients gain deep insights on the latest trends, dynamic technologies, and emerging application areas.

Similar Reports:

Smart Elevators Market Will Reach $23.16 Billion, Globally, by 2020

Pipeline Monitoring Systems Market Expected to Reach $7,371 Million, Globally, by 2023

About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Contact:

David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free): 
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com 

Web: https://www.alliedmarketresearch.com

Logo: https://mma.prnewswire.com/media/636519/Allied_Market_Research_Logo.jpg  

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Functional Food Market to Reach $237.8 Billion, Globally, by 2033 at 3.4% CAGR: Allied Market Research

Functional Food Market to Reach $237.8 Billion, Globally, by 2033 at 3.4% CAGR: Allied Market Research

Allied Market Research published a report, titled, "Functional Food Market by Type (Bakery & Cereals, Dairy Products, Beverages, Dietary Supplements...

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