Report forecast the global electric motors market to grow at a CAGR of
6.30% over the period 2015-2019.
One of the biggest achievements in the field of engineering and
technology is the invention of motors or, more specifically, electric motors.
Since then the world has come a long way from using electric power to glow
bulbs to converting electrical energy to drive various mechanical machinery. An
electric motor is an electromechanical device that converts electrical energy
into mechanical energy. The advent of motors has helped the world move from
being manual to a highly mechanized one. Right from household appliances to
industrial machinery, currently everything runs on electric motors.
The market is expected to grow further due to the widespread adoption
of electric vehicles among people in various countries. Electric motors can be
segmented into different types based on either their output power or on the
basis of their type. The most widely used electric motors are FHP based on
output power and AC motors based on type of electric motors. Electric motors
are now being widely incorporated into electric vehicles. Also, there is a huge
demand for electric motors from the HVAC industry; a whole lot of HVAC
appliances incorporate electric motors for efficient operation.
This report covers the present scenario and the growth prospects of
the global electric motors market during the period 2015-2019. For ascertaining
the market size and vendor share, the report considers revenue generated from
the sales of electric motors.
According to the report, an increasing number of consumers are
adopting electric vehicles. Thus, wider adoption and rising sales of these
vehicles will drive the demand for electric motors during the forecast period.
The Global Electric Motors Market 2015-2019, has been prepared based
on an in-depth market analysis with inputs from industry experts. The report
covers the market landscape and its growth prospects in the coming years. The
report also includes a discussion of the key vendors operating in this market.
Key players in the global electric motor market: ABB, Ametek, Baldor
Electric, Brook Crompton UK, Danaher Motion, Emerson Electric, Faulhaber Group,
Johnson Electric Holdings, Maxon Motor, Regal Beloit and Siemens
Other Prominent Vendors in the market are: Allied Motion Technologies,
ARC Systems, Asmo, Franklin Electric, Huali, Nidec, Rockwell Automation,
TECO-Westinghouse and Toshiba
Market Driver
- Increased Adoption of Electric Vehicles
- For a full, detailed list, view our report
Market Challenge
- Highly Fragmented Market
- For a full, detailed list, view our report
Market Trend
- Adoption of Energy-efficient Motors
- For a full, detailed list, view our report
Key Questions Answered in this Report
- What will the market size be in 2019 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
Spanning over 107 pages, “Global
Electric Motor Market 2015-2019” report covers Executive Summary, List of
Abbreviations, Scope of the Report, Market Research Methodology, Introduction, Market
Landscape, Market Segmentation by Output Power, IHP Motors, FHP Motors, Market
Segmentation by Type, Geographical Segmentation, Buying Criteria, Market Growth Drivers,
Drivers and their Impact, Market Challenges, Impact of Drivers and Challenges,
Market Trends, Trends and their Impact, Vendor Landscape, Key Vendor Analysis.
For
further information on this report, please visit-
http://mrr.cm/4ng
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