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Electric Motor Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

January 2023 | 154 pages | ID: E7CE3AF47E4EN
IMARC Group

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The global electric motor market size reached US$ 107.0 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 135.0 Billion by 2028, exhibiting a growth rate (CAGR) of 4.1% during 2023-2028.

Electric motors are electro-mechanical devices which work on the principle of electromagnetic induction. They are durable and highly efficient, require low maintenance, consume less energy, and have high endurance for fluctuating voltages. In addition, electric motors cost considerably lower than a fossil-fuel engine. Owing to this, electric motors find applications in diverse industries ranging from automobiles to oil and gas, where they are installed in industrial fans, machine tools, compressors, electric cars, domestic appliances, hard disk drives, etc.

Electric Motor Industry Drivers:
There are several factors currently driving the electric motor market growth globally. Expansion in industrial automation along with advancements in technology is the major growth-inducing factor of the market. Moreover, the trend of replacing gas turbines with electric motors in large industrial plants is propelling their demand. Further, the growth of the market is gaining traction owing to the increasing demand for vehicles supported by improving standards of living and rising purchasing power of the consumers. Additionally, government initiatives aimed to boost the sales of electric vehicles so as to reduce carbon emissions is expected to fuel the electric motor market growth.

Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global electric motor market report, along with forecasts at the global and regional level from 2023-2028. Our report has categorized the market based on motor type, voltage, rated power, magnet type, weight, speed and application.

Breakup by Motor Type:

AC Motor
Induction AC Motor
Synchronous AC Motor
DC Motor
Brushed DC Motor
Brushless DC Motor
Others

Based on motor type, the market has been bifurcated into AC and DC motors, wherein AC motors holds the largest share. The AC motors segment is further divided into induction and synchronous AC motors, whereas the DC motors segment is segregated into brushed and brushless DC motors.

Breakup by Voltage:

Low Voltage Electric Motors
Medium Voltage Electric Motors
High Voltage Electric Motors

On the basis of voltage, low voltage electric motors account for majority of the total global market.

Breakup by Rated Power:

Fractional Horsepower Motors
Fractional Horsepower (< 1/8) Motors
Fractional Horsepower (1/8 - 1/2) Motors
Fractional Horsepower (1/2 - 1) Motors
Integral Horsepower Motors
Integral Horsepower (1 - 5) Motors
Integral Horsepower (10 - 50) Motors
Integral Horsepower (50 - 100) Motors
Integral Horsepower (>100) Motors

The market has also been segmented on the basis of rated power into fractional horsepower and integral horsepower electric motors. Amongst these, fractional horsepower electric motors dominate the market. Based on fractional horsepower, the market has been segregated into fractional horsepower (< 1/8) motors, fractional horsepower (1/8 – 1/2) motors and fractional horsepower (1/2 – 1) motors. Amongst these, fractional horsepower (1/8 – 1/2) motors dominates the market. On the basis of integral horsepower, electric motors with integral horsepower between 1 – 5 hold the largest share.

Breakup by Magnet Type:

Ferrite
Neodymium (NdFeB)
Samarium Cobalt (SmCo5 and Sm2Co17)

Based on magnet type, ferrite magnets represent the leading segment.

Breakup by Weight:

Low Weight Motors
Medium Weight Motors
High Weight Motors

On the basis of weight, low weight motors hold the largest share.

Breakup by Speed:

Ultra-High-Speed Motors
High-Speed Motors
Medium Speed Motors
Low Speed Motors

The market has also been divided on the basis of speed into high speed, ultra-high speed, medium speed and low speed electric motors. Currently, high speed electric motors hold the biggest share.

Breakup by Application:

Industrial Machinery
HVAC
Transportation
Household Appliances
Motor Vehicles
Aerospace
Marine
Robotics
Others

Industrial machinery is the leading application sector, accounting for majority of the total global market.

Breakup by Region:

Asia-Pacific
North America
Europe
Middle East and Africa
Latin America

Region-wise, the market has been segmented into Asia Pacific, North America, Europe, Middle East and Africa, and Latin America. Amongst these, Asia Pacific is the leading market, accounting for majority of the market share.

Competitive Landscape:
The competitive landscape of the market has also been examined with some of the key players being

ABB Group
Siemens Ag
WEG SA
TECO
Regal Beloit Corporation
Nidec Corporation

This report provides a deep insight into the global electric motor market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the electric motor industry in any manner.

Key Questions Answered in This Report
1. What was the size of the global electric motor market in 2022?
2. What is the expected growth rate of the global electric motor market during 2023-2028?
3. What are the key factors driving the global electric motor market?
4. What has been the impact of COVID-19 on the global electric motor market?
5. What is the breakup of the global electric motor market based on the motor type?
6. What is the breakup of the global electric motor market based on the voltage?
7. What is the breakup of the global electric motor market based on the rated power?
8. What is the breakup of the global electric motor market based on the magnet type?
9. What is the breakup of the global electric motor market based on the weight?
10. What is the breakup of the global electric motor market based on the speed?
11. What is the breakup of the global electric motor market based on the application?
12. What are the key regions in the global electric motor market?
13. Who are the key players/companies in the global electric motor market?
1 PREFACE

2 SCOPE AND METHODOLOGY

2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
  2.3.1 Primary Sources
  2.3.2 Secondary Sources
2.4 Market Estimation
  2.4.1 Bottom-Up Approach
  2.4.2 Top-Down Approach
2.5 Forecasting Methodology

3 EXECUTIVE SUMMARY

4 INTRODUCTION

4.1 Overview
4.2 Key Industry Trends

5 GLOBAL ELECTRIC MOTOR INDUSTRY

5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Breakup by Motor Type
5.5 Market Breakup by Voltage
5.6 Market Breakup by Rated Power
5.7 Market Breakup by Magnet Type
5.8 Market Breakup by Region
5.9 Market Breakup by Weight
5.10 Market Breakup by Speed
5.11 Market Breakup by Application
5.12 Market Forecast

6 MARKET PERFORMANCE BY MOTOR TYPE

6.1 AC Motor
  6.1.1 Current and Historical Market Trends
  6.1.2 Market Breakup by Type
    6.1.2.1 Induction AC Motor
      6.1.2.1.1 Market Trends
      6.1.2.1.2 Market Forecast
    6.1.2.2 Synchronous AC Motor
      6.1.2.2.1 Market Trends
      6.1.2.2.2 Market Forecast
  6.1.3 Market Forecast
6.2 DC Motor
  6.2.1 Current and Historical Market Trends
  6.2.2 Market Breakup by Type
    6.2.2.1 Brushed DC Motor
      6.2.2.1.1 Market Trends
      6.2.2.1.2 Market Forecast
    6.2.2.2 Brushless DC Motor
      6.2.2.2.1 Market Trends
      6.2.2.2.2 Market Forecast
  6.2.3 Market Forecast
6.3 Others
  6.3.1 Current and Historical Market Trends
  6.3.2 Market Forecast

7 MARKET PERFORMANCE BY VOLTAGE

7.1 Low Voltage Electric Motors
  7.1.1 Current and Historical Market Trends
  7.1.2 Market Forecast
7.2 Medium Voltage Electric Motors
  7.2.1 Current and Historical Market Trends
  7.2.2 Market Forecast
7.3 High Voltage Electric Motors
  7.3.1 Current and Historical Market Trends
  7.3.2 Market Forecast

8 MARKET PERFORMANCE BY RATED POWER

8.1 Fractional Horsepower Motors
  8.1.1 Current and Historical Market Trends
  8.1.2 Market Forecast
8.2 Integral Horsepower Motors
  8.2.1 Current and Historical Market Trends
  8.2.2 Market Forecast

9 MARKET PERFORMANCE BY FRACTIONAL HORSEPOWER

9.1 Fractional Horsepower (< 1/8) Motors
  9.1.1 Current and Historical Market Trends
  9.1.2 Market Forecast
9.2 Fractional Horsepower (1/8 - 1/2) Motors
  9.2.1 Current and Historical Market Trends
  9.2.2 Market Forecast
9.3 Fractional Horsepower (1/2 - 1) Motors
  9.3.1 Current and Historical Market Trends
  9.3.2 Market Forecast

10 MARKET PERFORMANCE BY INTEGRAL HORSEPOWER

10.1 Integral Horsepower (1 - 5) Motors
  10.1.1 Current and Historical Market Trends
  10.1.2 Market Forecast
10.2 Integral Horsepower (10 - 50) Motors
  10.2.1 Current and Historical Market Trends
  10.2.2 Market Forecast
10.3 Integral Horsepower (50 - 100) Motors
  10.3.1 Current and Historical Market Trends
  10.3.2 Market Forecast
10.4 Integral Horsepower (>100) Motors
  10.4.1 Current and Historical Market Trends
  10.4.2 Market Forecast

11 MARKET PERFORMANCE BY MAGNET TYPE

11.1 Ferrite
11.2 Neodymium (NdFeB)
11.3 Samarium Cobalt (SmCo5 and Sm2Co17)

12 MARKET PERFORMANCE BY REGION

12.1 Asia-Pacific
  12.1.1 Current and Historical Market Trends
  12.1.2 Market Forecast
12.2 North America
  12.2.1 Current and Historical Market Trends
  12.2.2 Market Forecast
12.3 Europe
  12.3.1 Current and Historical Market Trends
  12.3.2 Market Forecast
12.4 Middle East and Africa
  12.4.1 Current and Historical Market Trends
  12.4.2 Market Forecast
12.5 Latin America
  12.5.1 Current and Historical Market Trends
  12.5.2 Market Forecast

13 MARKET PERFORMANCE BY WEIGHT

13.1 Low Weight Motors
  13.1.1 Current and Historical Market Trends
  13.1.2 Market Forecast
13.2 Medium Weight Motors
  13.2.1 Current and Historical Market Trends
  13.2.2 Market Forecast
13.3 High Weight Motors
  13.3.1 Current and Historical Market Trends
  13.3.2 Market Forecast

14 MARKET PERFORMANCE BY SPEED

14.1 Ultra-High-Speed Motors
  14.1.1 Current and Historical Market Trends
  14.1.2 Market Forecast
14.2 High-Speed Motors
  14.2.1 Current and Historical Market Trends
  14.2.2 Market Forecast
14.3 Medium Speed Motors
  14.3.1 Current and Historical Market Trends
  14.3.2 Market Forecast
14.4 Low Speed Motors
  14.4.1 Current and Historical Market Trends
  14.4.2 Market Forecast

15 MARKET PERFORMANCE BY APPLICATION

15.1 Industrial Machinery
  15.1.1 Current and Historical Market Trends
  15.1.2 Market Forecast
15.2 HVAC
  15.2.1 Current and Historical Market Trends
  15.2.2 Market Forecast
15.3 Transportation
  15.3.1 Current and Historical Market Trends
  15.3.2 Market Forecast
15.4 Household Appliances
  15.4.1 Current and Historical Market Trends
  15.4.2 Market Forecast
15.5 Motor Vehicles
  15.5.1 Current and Historical Market Trends
  15.5.2 Market Forecast
15.6 Aerospace
  15.6.1 Current and Historical Market Trends
  15.6.2 Market Forecast
15.7 Marine
  15.7.1 Current and Historical Market Trends
  15.7.2 Market Forecast
15.8 Robotics
  15.8.1 Current and Historical Market Trends
  15.8.2 Market Forecast
15.9 Others
  15.9.1 Current and Historical Market Trends
  15.9.2 Market Forecast

16 COMPETITIVE LANDSCAPE

16.1 Market Structure
16.2 Market Breakup by Key Players

17 KEY PLAYERS PROFILES

17.1 ABB Group
  17.1.1 Company Overview
  17.1.2 Company Description
  17.1.3 Product Portfolio
  17.1.4 Financials
  17.1.5 Key Contacts
17.2 Siemens Ag
  17.2.1 Company Overview
  17.2.2 Company Description
  17.2.3 Operations
  17.2.4 Product Portfolio
  17.2.5 Geographic Reach
  17.2.6 Sales and Marketing
  17.2.7 Strategy
  17.2.8 Mergers and Acquisitions
  17.2.9 SWOT Analysis
  17.2.10 Financials
  17.2.11 Key Contacts
17.3 WEG SA
  17.3.1 Company Overview
  17.3.2 Company Description
  17.3.3 Product Portfolio
  17.3.4 Financials
  17.3.5 Key Contacts
17.4 TECO
  17.4.1 Company Overview
  17.4.2 Company Description
  17.4.3 Product Portfolio
  17.4.4 Financials
  17.4.5 Key Contacts
17.5 Regal Beloit Corporation
  17.5.1 Company Overview
  17.5.2 Company Description
  17.5.3 Product Portfolio
  17.5.4 Operations
  17.5.5 Geographic Reach
  17.5.6 Sales and Marketing
  17.5.7 Strategy
  17.5.8 Mergers and Acquisitions
  17.5.9 Financials
  17.5.10 Key Contacts
17.6 Nidec Corporation
  17.6.1 Company Overview
  17.6.2 Company Description
  17.6.3 Product Portfolio
  17.6.4 Geographic Reach
  17.6.5 Strategy
  17.6.6 SWOT Analysis
  17.6.7 Financials
  17.6.8 Key Contacts

LIST OF TABLES

Table 1: Global: Electric Motor Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Electric Motor Market Forecast: Breakup by Motor Type (in Million US$), 2023-2028
Table 3: Global: Electric Motor Market Forecast: Breakup by Voltage (in Million US$), 2023-2028
Table 4: Global: Electric Motor Market Forecast: Breakup by Rated Power (in Million US$), 2023-2028
Table 5: Global: Electric Motor Market Forecast: Breakup by Fractional Horsepower (in Million US$), 2023-2028
Table 6: Global: Electric Motor Market Forecast: Breakup by Integral Horsepower (in Million US$), 2023-2028
Table 7: Global: Electric Motor Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 8: Global: Electric Motor Market Forecast: Breakup by Weight (in Million US$), 2023-2028
Table 9: Global: Electric Motor Market Forecast: Breakup by Speed (in Million US$), 2023-2028
Table 10: Global: Electric Motor Market Forecast: Breakup by Application (in Million US$), 2023-2028
Table 11: Global: Electric Motor Market: Competitive Landscape
Table 12: ABB Group: Product Portfolio (Motors Segment)
Table 13: ABB Group: Key Financials (in Million US$), 2016-2020
Table 14: ABB Group: Key Contacts
Table 15: Siemens Ag: Product Portfolio (Motors Segment)
Table 16: Siemens Ag: Key Financials (in Million US$), 2016-2020
Table 17: Siemens Ag: Key Contacts
Table 18: WEG SA: Product Portfolio (Motors Segment)
Table 19: WEG SA: Key Financials (in Million US$), 2016-2020
Table 20: WEG SA: Key Contacts
Table 21: TECO: Product Portfolio (Motors Segment)
Table 22: TECO: Key Financials (in Million US$), 2016-2020
Table 23: TECO: Key Contacts
Table 24: Regal Beloit Corporation: Product Portfolio (Motors Segment)
Table 25: Regal Beloit Corporation: Key Financials (in Million US$), 2016-2020
Table 26: Regal Beloit Corporation: Key Contacts
Table 27: Nidec Corporation: Product Portfolio (Motors Segment)
Table 28: Nidec Corporation: Key Financials (in Million US$), 2016-2020
Table 29: Nidec Corporation: Key Contacts

LIST OF FIGURES

Figure 1: Global: Electric Motors Market: Major Drivers and Challenges
Figure 2: Global: Electric Motors Market: Sales Value (in Billion US$), 2017-2022
Figure 3: Global: Electric Motors Market: Breakup by Motor Type (in %), 2022
Figure 4: Global: Electric Motors Market: Breakup by Voltage (in %), 2022
Figure 5: Global: Electric Motors Market: Breakup by Rated Power (in %), 2022
Figure 6: Global: Fractional Horsepower Electric Motors Market: Breakup by Rated Power (in %), 2022
Figure 7: Global: Integral Horsepower Electric Motors Market: Breakup by Rated Power (in %), 2022
Figure 8: Global: Electric Motors Market: Breakup by Magnet Type (in %), 2022
Figure 9: Global: Electric Motors Market: Breakup by Region (in %), 2022
Figure 10: Global: Electric Motors Market: Breakup by Weight (in %), 2022
Figure 11: Global: Electric Motors Market: Breakup by Speed (in %), 2022
Figure 12: Global: Electric Motors Market: Breakup by Application (in %), 2022
Figure 13: Global: Electric Motors Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 14: Global: AC Motor Market: Sales Value (in Million US$), 2017 & 2022
Figure 15: Global: AC Motor Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 16: Global: Induction AC Motor Market: Sales Value (in Million US$), 2017 & 2022
Figure 17: Global: Induction AC Motor Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 18: Global: Synchronous AC Motor Market: Sales Value (in Million US$), 2017 & 2022
Figure 19: Global: Synchronous AC Motor Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 20: Global: DC Motor Market: Sales Value (in Million US$), 2017 & 2022
Figure 21: Global: DC Motor Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 22: Global: Brushed DC Motor Market: Sales Value (in Million US$), 2017 & 2022
Figure 23: Global: Brushed DC Motor Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 24: Global: Brushless DC Motor Market: Sales Value (in Million US$), 2017 & 2022
Figure 25: Global: Brushless DC Motor Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 26: Global: Other Motors Market: Sales Value (in Million US$), 2017 & 2022
Figure 27: Global: Other Motors Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 28: Global: Low Voltage Electric Motor Market: Sales Value (in Million US$), 2017 & 2022
Figure 29: Global: Low Voltage Electric Motor Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 30: Global: Medium Voltage Electric Motor Market: Sales Value (in Million US$), 2017 & 2022
Figure 31: Global: Medium Voltage Electric Motor Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 32: Global: High Voltage Electric Motor Market: Sales Value (in Million US$), 2017 & 2022
Figure 33: Global: High Voltage Electric Motor Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 34: Global: Electric Motors (with Fractional Horsepower) Market: Sales Value (in Million US$), 2017 & 2022
Figure 35: Global: Electric Motors (with Fractional Horsepower) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 36: Global: Electric Motors (with Integral Horsepower) Market: Sales Value (in Million US$), 2017 & 2022
Figure 37: Global: Electric Motor (with Integral Horsepower) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 38: Global: Electric Motors (Fractional Horsepower < 1/8) Market: Sales Value (in Million US$), 2017 & 2022
Figure 39: Global: Electric Motors (Fractional Horsepower < 1/8) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 40: Global: Electric Motors (Fractional Horsepower 1/8-1/2) Market: Sales Value (in Million US$), 2017 & 2022
Figure 41: Global: Electric Motors (Fractional Horsepower 1/8-1/2) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 42: Global: Electric Motors (Fractional Horsepower 1/2-1) Market: Sales Value (in Million US$), 2017 & 2022
Figure 43: Global: Electric Motors (Fractional Horsepower 1/2-1) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 44: Global: Electric Motors (Integral Horsepower 1 - 5) Market: Sales Value (in Million US$), 2017 & 2022
Figure 45: Global: Electric Motors (Integral Horsepower 1 - 5) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 46: Global: Electric Motors (Integral Horsepower 10 - 50) Market: Sales Value (in Million US$), 2017 & 2022
Figure 47: Global: Electric Motors (Integral Horsepower 10 - 50) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 48: Global: Electric Motors (Integral Horsepower 50 - 100) Market: Sales Value (in Million US$), 2017 & 2022
Figure 49: Global: Electric Motors (Integral Horsepower 50 - 100) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 50: Global: Electric Motors (Integral Horsepower >100) Market: Sales Value (in Million US$), 2017 & 2022
Figure 51: Global: Electric Motors (Integral Horsepower >100) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 52: Asia-Pacific: Electric Motor Market: Sales Value (in Million US$), 2017 & 2022
Figure 53: Asia-Pacific: Electric Motor Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 54: North America: Electric Motor Market: Sales Value (in Million US$), 2017 & 2022
Figure 55: North America: Electric Motor Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 56: Europe: Electric Motor Market: Sales Value (in Million US$), 2017 & 2022
Figure 57: Europe: Electric Motor Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 58: Middle East and Africa: Electric Motor Market: Sales Value (in Million US$), 2017 & 2022
Figure 59: Middle East and Africa: Electric Motor Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 60: Latin America: Electric Motor Market: Sales Value (in Million US$), 2017 & 2022
Figure 61: Latin America: Electric Motor Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 62: Global: Low Weight Electric Motor Market: Sales Value (in Million US$), 2017 & 2022
Figure 63: Global: Low Weight Electric Motor Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 64: Global: Medium Weight Electric Motor Market: Sales Value (in Million US$), 2017 & 2022
Figure 65: Global: Medium Weight Electric Motor Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 66: Global: High Weight Electric Motor Market: Sales Value (in Million US$), 2017 & 2022
Figure 67: Global: High Weight Electric Motor Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 68: Global: Ultra-High-Speed Electric Motor Market: Sales Value (in Million US$), 2017 & 2022
Figure 69: Global: Ultra-High-Speed Electric Motor Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 70: Global: High-Speed Electric Motor Market: Sales Value (in Million US$), 2017 & 2022
Figure 71: Global: High-Speed Electric Motor Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 72: Global: Medium Speed Electric Motor Market: Sales Value (in Million US$), 2017 & 2022
Figure 73: Global: Medium Speed Electric Motor Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 74: Global: Low Speed Electric Motor Market: Sales Value (in Million US$), 2017 & 2022
Figure 75: Global: Low Speed Electric Motor Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 76: Global: Electric Motor Market (Applications in Industrial Machinery): Sales Value (in Million US$), 2017 & 2022
Figure 77: Global: Electric Motor Market (Applications in Industrial Machinery) Forecast: Sales Value (in Million US$), 2023-2028
Figure 78: Global: Electric Motor Market (Applications in HVAC): Sales Value (in Million US$), 2017 & 2022
Figure 79: Global: Electric Motor Market (Applications in HVAC) Forecast: Sales Value (in Million US$), 2023-2028
Figure 80: Global: Electric Motor Market (Applications in Transportation): Sales Value (in Million US$), 2017 & 2022
Figure 81: Global: Electric Motor Market (Applications in Transportation) Forecast: Sales Value (in Million US$), 2023-2028
Figure 82: Global: Electric Motor Market (Applications in Household Appliances): Sales Value (in Million US$), 2017 & 2022
Figure 83: Global: Electric Motor Market (Applications in Household Appliances) Forecast: Sales Value (in Million US$), 2023-2028
Figure 84: Global: Electric Motor Market (Applications in Motor Vehicles): Sales Value (in Million US$), 2017 & 2022
Figure 85: Global: Electric Motor Market (Applications in Motor Vehicles) Forecast: Sales Value (in Million US$), 2023-2028
Figure 86: Global: Electric Motor Market (Applications in Aerospace Sector): Sales Value (in Million US$), 2017 & 2022
Figure 87: Global: Electric Motor Market (Applications in Aerospace Sector) Forecast: Sales Value (in Million US$), 2023-2028
Figure 88: Global: Electric Motor Market (Applications in Marine Sector): Sales Value (in Million US$), 2017 & 2022
Figure 89: Global: Electric Motor Market (Applications in Marine Sector) Forecast: Sales Value (in Million US$), 2023-2028
Figure 90: Global: Electric Motor Market (Applications in Robotics): Sales Value (in Million US$), 2017 & 2022
Figure 91: Global: Electric Motor Market (Applications in Robotics) Forecast: Sales Value (in Million US$), 2023-2028
Figure 92: Global: Electric Motor Market (Other Applications): Sales Value (in Million US$), 2017 & 2022
Figure 93: Global: Electric Motor Market (Other Applications) Forecast: Sales Value (in Million US$), 2023-2028
Figure 94: Global: Electric Motor Market: Breakup by Key Players (% by Revenues)
Figure 95: Siemens AG: SWOT Analysis
Figure 96: Nidec Corporation: SWOT Analysis


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