Smart Motors Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027
The global smart motors market reached a value of US$ 2.6 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 3.6 Billion by 2027, exhibiting a CAGR of 5.57% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
A smart motor is a programmable electronic device with adjustable speed and torque. The motor alters the frequency and supply of voltage to replace the thermal overload relay with multiple set points. It consists of an encoder, amplifier, current monitor, dual ethernet port and universal serial bus (USB) interface. The microcontroller detects the load on the shaft and correspondingly adjusts the power extraction to the load. In comparison to the traditionally used motors, smart motors are more energy-efficient, have minimal heat loss and downtime and provide enhanced control over internal cooling. They also minimize the requirement for ancillary components for linear or rotary motion in the connected shafts. As a result, smart motors find extensive applications across various industries, including manufacturing, healthcare, automotive, energy and power.
Smart Motors Market Trends:
The increasing requirement for industrial automation, robotics and efficient material handling solutions is one of the key factors driving the growth of the market. Smart motors are widely used for performing complex operations, predictive maintenance and advanced process control in pumps, compressors, conveyor systems and controllers. Moreover, the widespread adoption of smart motors in hybrid and electronic vehicles (H/EV) is providing a thrust to the market growth. Various technological advancements, such as the integration of connected devices with the Industrial Internet of Things (IIoT) and artificial intelligence solutions, are acting as other growth-inducing factors. These technologies aid in monitoring the motors through smartphones, thereby improving the overall efficiency, predicting operational failures and minimizing premature breakdowns. Other factors, including rapid industrialization, especially in the developing economies, along with the increasing utilization of smart motors for non-destructive testing and pipeline inspection in oil and gas extraction sites, are anticipated to drive the market toward growth.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global smart motors market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on component, product and application.
Breakup by Component:
Variable Speed Drive
Intelligent Motor Control Center
Motor
Breakup by Product:
24V
18V
36V
48.24V
Breakup by Application:
Automotive
Aerospace and Defense
Oil and Gas
Metal and Mining
Water and Wastewater Treatment
Others
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being ABB Ltd, Dunkermotoren GmbH (AMETEK Inc.), Fuji Electric Co. Ltd. (Furukawa Co. Ltd.), General Electric Company, Moog Inc., Nidec Corporation, RobotShop Inc., Rockwell Automation Inc., Schneider Electric SE, Siemens AG and Technosoft SA.
Key Questions Answered in This Report:
How has the global smart motors market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global smart motors market?
What are the key regional markets?
What is the breakup of the market based on the component?
What is the breakup of the market based on the product?
What is the breakup of the market based on the application?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global smart motors market and who are the key players?
What is the degree of competition in the industry?
A smart motor is a programmable electronic device with adjustable speed and torque. The motor alters the frequency and supply of voltage to replace the thermal overload relay with multiple set points. It consists of an encoder, amplifier, current monitor, dual ethernet port and universal serial bus (USB) interface. The microcontroller detects the load on the shaft and correspondingly adjusts the power extraction to the load. In comparison to the traditionally used motors, smart motors are more energy-efficient, have minimal heat loss and downtime and provide enhanced control over internal cooling. They also minimize the requirement for ancillary components for linear or rotary motion in the connected shafts. As a result, smart motors find extensive applications across various industries, including manufacturing, healthcare, automotive, energy and power.
Smart Motors Market Trends:
The increasing requirement for industrial automation, robotics and efficient material handling solutions is one of the key factors driving the growth of the market. Smart motors are widely used for performing complex operations, predictive maintenance and advanced process control in pumps, compressors, conveyor systems and controllers. Moreover, the widespread adoption of smart motors in hybrid and electronic vehicles (H/EV) is providing a thrust to the market growth. Various technological advancements, such as the integration of connected devices with the Industrial Internet of Things (IIoT) and artificial intelligence solutions, are acting as other growth-inducing factors. These technologies aid in monitoring the motors through smartphones, thereby improving the overall efficiency, predicting operational failures and minimizing premature breakdowns. Other factors, including rapid industrialization, especially in the developing economies, along with the increasing utilization of smart motors for non-destructive testing and pipeline inspection in oil and gas extraction sites, are anticipated to drive the market toward growth.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global smart motors market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on component, product and application.
Breakup by Component:
Variable Speed Drive
Intelligent Motor Control Center
Motor
Breakup by Product:
24V
18V
36V
48.24V
Breakup by Application:
Automotive
Aerospace and Defense
Oil and Gas
Metal and Mining
Water and Wastewater Treatment
Others
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being ABB Ltd, Dunkermotoren GmbH (AMETEK Inc.), Fuji Electric Co. Ltd. (Furukawa Co. Ltd.), General Electric Company, Moog Inc., Nidec Corporation, RobotShop Inc., Rockwell Automation Inc., Schneider Electric SE, Siemens AG and Technosoft SA.
Key Questions Answered in This Report:
How has the global smart motors market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global smart motors market?
What are the key regional markets?
What is the breakup of the market based on the component?
What is the breakup of the market based on the product?
What is the breakup of the market based on the application?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global smart motors market and who are the key players?
What is the degree of competition in the industry?
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 SMART MOTORS MARKET
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 MARKET BREAKUP BY COMPONENT
6.1 Variable Speed Drive
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Intelligent Motor Control Center
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Motor
6.3.1 Market Trends
6.3.2 Market Forecast
7 MARKET BREAKUP BY PRODUCT
7.1 24V
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 18V
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 36V
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 48.24V
7.4.1 Market Trends
7.4.2 Market Forecast
8 MARKET BREAKUP BY APPLICATION
8.1 Automotive
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Aerospace and Defense
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Oil and Gas
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Metal and Mining
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Water and Wastewater Treatment
8.5.1 Market Trends
8.5.2 Market Forecast
8.6 Others
8.6.1 Market Trends
8.6.2 Market Forecast
9 MARKET BREAKUP BY REGION
9.1 North America
9.1.1 United States
9.1.1.1 Market Trends
9.1.1.2 Market Forecast
9.1.2 Canada
9.1.2.1 Market Trends
9.1.2.2 Market Forecast
9.2 Asia-Pacific
9.2.1 China
9.2.1.1 Market Trends
9.2.1.2 Market Forecast
9.2.2 Japan
9.2.2.1 Market Trends
9.2.2.2 Market Forecast
9.2.3 India
9.2.3.1 Market Trends
9.2.3.2 Market Forecast
9.2.4 South Korea
9.2.4.1 Market Trends
9.2.4.2 Market Forecast
9.2.5 Australia
9.2.5.1 Market Trends
9.2.5.2 Market Forecast
9.2.6 Indonesia
9.2.6.1 Market Trends
9.2.6.2 Market Forecast
9.2.7 Others
9.2.7.1 Market Trends
9.2.7.2 Market Forecast
9.3 Europe
9.3.1 Germany
9.3.1.1 Market Trends
9.3.1.2 Market Forecast
9.3.2 France
9.3.2.1 Market Trends
9.3.2.2 Market Forecast
9.3.3 United Kingdom
9.3.3.1 Market Trends
9.3.3.2 Market Forecast
9.3.4 Italy
9.3.4.1 Market Trends
9.3.4.2 Market Forecast
9.3.5 Spain
9.3.5.1 Market Trends
9.3.5.2 Market Forecast
9.3.6 Russia
9.3.6.1 Market Trends
9.3.6.2 Market Forecast
9.3.7 Others
9.3.7.1 Market Trends
9.3.7.2 Market Forecast
9.4 Latin America
9.4.1 Brazil
9.4.1.1 Market Trends
9.4.1.2 Market Forecast
9.4.2 Mexico
9.4.2.1 Market Trends
9.4.2.2 Market Forecast
9.4.3 Others
9.4.3.1 Market Trends
9.4.3.2 Market Forecast
9.5 Middle East and Africa
9.5.1 Market Trends
9.5.2 Market Breakup by Country
9.5.3 Market Forecast
10 SWOT ANALYSIS
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats
11 VALUE CHAIN ANALYSIS
12 PORTERS FIVE FORCES ANALYSIS
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 PRICE ANALYSIS
14 COMPETITIVE LANDSCAPE
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 ABB Ltd
14.3.1.1 Company Overview
14.3.1.2 Product Portfolio
14.3.1.3 Financials
14.3.1.4 SWOT Analysis
14.3.2 Dunkermotoren GmbH (AMETEK Inc.)
14.3.2.1 Company Overview
14.3.2.2 Product Portfolio
14.3.3 Fuji Electric Co. Ltd. (Furukawa Co. Ltd.)
14.3.3.1 Company Overview
14.3.3.2 Product Portfolio
14.3.3.3 Financials
14.3.3.4 SWOT Analysis
14.3.4 General Electric Company
14.3.4.1 Company Overview
14.3.4.2 Product Portfolio
14.3.4.3 Financials
14.3.4.4 SWOT Analysis
14.3.5 Moog Inc.
14.3.5.1 Company Overview
14.3.5.2 Product Portfolio
14.3.5.3 Financials
14.3.5.4 SWOT Analysis
14.3.6 Nidec Corporation
14.3.6.1 Company Overview
14.3.6.2 Product Portfolio
14.3.6.3 Financials
14.3.6.4 SWOT Analysis
14.3.7 RobotShop Inc.
14.3.7.1 Company Overview
14.3.7.2 Product Portfolio
14.3.8 Rockwell Automation Inc.
14.3.8.1 Company Overview
14.3.8.2 Product Portfolio
14.3.8.3 Financials
14.3.8.4 SWOT Analysis
14.3.9 Schneider Electric SE
14.3.9.1 Company Overview
14.3.9.2 Product Portfolio
14.3.9.3 Financials
14.3.9.4 SWOT Analysis
14.3.10 Siemens AG
14.3.10.1 Company Overview
14.3.10.2 Product Portfolio
14.3.10.3 Financials
14.3.10.4 SWOT Analysis
14.3.11 Technosoft SA
14.3.11.1 Company Overview
14.3.11.2 Product Portfolio
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 SMART MOTORS MARKET
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 MARKET BREAKUP BY COMPONENT
6.1 Variable Speed Drive
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Intelligent Motor Control Center
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Motor
6.3.1 Market Trends
6.3.2 Market Forecast
7 MARKET BREAKUP BY PRODUCT
7.1 24V
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 18V
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 36V
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 48.24V
7.4.1 Market Trends
7.4.2 Market Forecast
8 MARKET BREAKUP BY APPLICATION
8.1 Automotive
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Aerospace and Defense
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Oil and Gas
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Metal and Mining
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Water and Wastewater Treatment
8.5.1 Market Trends
8.5.2 Market Forecast
8.6 Others
8.6.1 Market Trends
8.6.2 Market Forecast
9 MARKET BREAKUP BY REGION
9.1 North America
9.1.1 United States
9.1.1.1 Market Trends
9.1.1.2 Market Forecast
9.1.2 Canada
9.1.2.1 Market Trends
9.1.2.2 Market Forecast
9.2 Asia-Pacific
9.2.1 China
9.2.1.1 Market Trends
9.2.1.2 Market Forecast
9.2.2 Japan
9.2.2.1 Market Trends
9.2.2.2 Market Forecast
9.2.3 India
9.2.3.1 Market Trends
9.2.3.2 Market Forecast
9.2.4 South Korea
9.2.4.1 Market Trends
9.2.4.2 Market Forecast
9.2.5 Australia
9.2.5.1 Market Trends
9.2.5.2 Market Forecast
9.2.6 Indonesia
9.2.6.1 Market Trends
9.2.6.2 Market Forecast
9.2.7 Others
9.2.7.1 Market Trends
9.2.7.2 Market Forecast
9.3 Europe
9.3.1 Germany
9.3.1.1 Market Trends
9.3.1.2 Market Forecast
9.3.2 France
9.3.2.1 Market Trends
9.3.2.2 Market Forecast
9.3.3 United Kingdom
9.3.3.1 Market Trends
9.3.3.2 Market Forecast
9.3.4 Italy
9.3.4.1 Market Trends
9.3.4.2 Market Forecast
9.3.5 Spain
9.3.5.1 Market Trends
9.3.5.2 Market Forecast
9.3.6 Russia
9.3.6.1 Market Trends
9.3.6.2 Market Forecast
9.3.7 Others
9.3.7.1 Market Trends
9.3.7.2 Market Forecast
9.4 Latin America
9.4.1 Brazil
9.4.1.1 Market Trends
9.4.1.2 Market Forecast
9.4.2 Mexico
9.4.2.1 Market Trends
9.4.2.2 Market Forecast
9.4.3 Others
9.4.3.1 Market Trends
9.4.3.2 Market Forecast
9.5 Middle East and Africa
9.5.1 Market Trends
9.5.2 Market Breakup by Country
9.5.3 Market Forecast
10 SWOT ANALYSIS
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats
11 VALUE CHAIN ANALYSIS
12 PORTERS FIVE FORCES ANALYSIS
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 PRICE ANALYSIS
14 COMPETITIVE LANDSCAPE
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 ABB Ltd
14.3.1.1 Company Overview
14.3.1.2 Product Portfolio
14.3.1.3 Financials
14.3.1.4 SWOT Analysis
14.3.2 Dunkermotoren GmbH (AMETEK Inc.)
14.3.2.1 Company Overview
14.3.2.2 Product Portfolio
14.3.3 Fuji Electric Co. Ltd. (Furukawa Co. Ltd.)
14.3.3.1 Company Overview
14.3.3.2 Product Portfolio
14.3.3.3 Financials
14.3.3.4 SWOT Analysis
14.3.4 General Electric Company
14.3.4.1 Company Overview
14.3.4.2 Product Portfolio
14.3.4.3 Financials
14.3.4.4 SWOT Analysis
14.3.5 Moog Inc.
14.3.5.1 Company Overview
14.3.5.2 Product Portfolio
14.3.5.3 Financials
14.3.5.4 SWOT Analysis
14.3.6 Nidec Corporation
14.3.6.1 Company Overview
14.3.6.2 Product Portfolio
14.3.6.3 Financials
14.3.6.4 SWOT Analysis
14.3.7 RobotShop Inc.
14.3.7.1 Company Overview
14.3.7.2 Product Portfolio
14.3.8 Rockwell Automation Inc.
14.3.8.1 Company Overview
14.3.8.2 Product Portfolio
14.3.8.3 Financials
14.3.8.4 SWOT Analysis
14.3.9 Schneider Electric SE
14.3.9.1 Company Overview
14.3.9.2 Product Portfolio
14.3.9.3 Financials
14.3.9.4 SWOT Analysis
14.3.10 Siemens AG
14.3.10.1 Company Overview
14.3.10.2 Product Portfolio
14.3.10.3 Financials
14.3.10.4 SWOT Analysis
14.3.11 Technosoft SA
14.3.11.1 Company Overview
14.3.11.2 Product Portfolio
LIST OF TABLES
Table 1: Global: Smart Motors Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Smart Motors Market Forecast: Breakup by Component (in Million US$), 2022-2027
Table 3: Global: Smart Motors Market Forecast: Breakup by Product (in Million US$), 2022-2027
Table 4: Global: Smart Motors Market Forecast: Breakup by Application (in Million US$), 2022-2027
Table 5: Global: Smart Motors Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 6: Global: Smart Motors Market: Competitive Structure
Table 7: Global: Smart Motors Market: Key Players
Table 1: Global: Smart Motors Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Smart Motors Market Forecast: Breakup by Component (in Million US$), 2022-2027
Table 3: Global: Smart Motors Market Forecast: Breakup by Product (in Million US$), 2022-2027
Table 4: Global: Smart Motors Market Forecast: Breakup by Application (in Million US$), 2022-2027
Table 5: Global: Smart Motors Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 6: Global: Smart Motors Market: Competitive Structure
Table 7: Global: Smart Motors Market: Key Players
LIST OF FIGURES
Figure 1: Global: Smart Motors Market: Major Drivers and Challenges
Figure 2: Global: Smart Motors Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Smart Motors Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 4: Global: Smart Motors Market: Breakup by Component (in %), 2021
Figure 5: Global: Smart Motors Market: Breakup by Product (in %), 2021
Figure 6: Global: Smart Motors Market: Breakup by Application (in %), 2021
Figure 7: Global: Smart Motors Market: Breakup by Region (in %), 2021
Figure 8: Global: Smart Motors (Variable Speed Drive) Market: Sales Value (in Million US$), 2016 & 2021
Figure 9: Global: Smart Motors (Variable Speed Drive) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 10: Global: Smart Motors (Intelligent Motor Control Center) Market: Sales Value (in Million US$), 2016 & 2021
Figure 11: Global: Smart Motors (Intelligent Motor Control Center) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 12: Global: Smart Motors (Motor) Market: Sales Value (in Million US$), 2016 & 2021
Figure 13: Global: Smart Motors (Motor) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 14: Global: Smart Motors (24V) Market: Sales Value (in Million US$), 2016 & 2021
Figure 15: Global: Smart Motors (24V) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 16: Global: Smart Motors (18V) Market: Sales Value (in Million US$), 2016 & 2021
Figure 17: Global: Smart Motors (18V) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 18: Global: Smart Motors (36V) Market: Sales Value (in Million US$), 2016 & 2021
Figure 19: Global: Smart Motors (36V) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 20: Global: Smart Motors (48.24V) Market: Sales Value (in Million US$), 2016 & 2021
Figure 21: Global: Smart Motors (48.24V) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 22: Global: Smart Motors (Automotive) Market: Sales Value (in Million US$), 2016 & 2021
Figure 23: Global: Smart Motors (Automotive) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 24: Global: Smart Motors (Aerospace and Defense) Market: Sales Value (in Million US$), 2016 & 2021
Figure 25: Global: Smart Motors (Aerospace and Defense) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 26: Global: Smart Motors (Oil and Gas) Market: Sales Value (in Million US$), 2016 & 2021
Figure 27: Global: Smart Motors (Oil and Gas) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 28: Global: Smart Motors (Metal and Mining) Market: Sales Value (in Million US$), 2016 & 2021
Figure 29: Global: Smart Motors (Metal and Mining) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 30: Global: Smart Motors (Water and Wastewater Treatment) Market: Sales Value (in Million US$), 2016 & 2021
Figure 31: Global: Smart Motors (Water and Wastewater Treatment) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 32: Global: Smart Motors (Other Applications) Market: Sales Value (in Million US$), 2016 & 2021
Figure 33: Global: Smart Motors (Other Applications) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 34: North America: Smart Motors Market: Sales Value (in Million US$), 2016 & 2021
Figure 35: North America: Smart Motors Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 36: United States: Smart Motors Market: Sales Value (in Million US$), 2016 & 2021
Figure 37: United States: Smart Motors Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 38: Canada: Smart Motors Market: Sales Value (in Million US$), 2016 & 2021
Figure 39: Canada: Smart Motors Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 40: Asia-Pacific: Smart Motors Market: Sales Value (in Million US$), 2016 & 2021
Figure 41: Asia-Pacific: Smart Motors Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 42: China: Smart Motors Market: Sales Value (in Million US$), 2016 & 2021
Figure 43: China: Smart Motors Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 44: Japan: Smart Motors Market: Sales Value (in Million US$), 2016 & 2021
Figure 45: Japan: Smart Motors Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 46: India: Smart Motors Market: Sales Value (in Million US$), 2016 & 2021
Figure 47: India: Smart Motors Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 48: South Korea: Smart Motors Market: Sales Value (in Million US$), 2016 & 2021
Figure 49: South Korea: Smart Motors Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 50: Australia: Smart Motors Market: Sales Value (in Million US$), 2016 & 2021
Figure 51: Australia: Smart Motors Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 52: Indonesia: Smart Motors Market: Sales Value (in Million US$), 2016 & 2021
Figure 53: Indonesia: Smart Motors Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 54: Others: Smart Motors Market: Sales Value (in Million US$), 2016 & 2021
Figure 55: Others: Smart Motors Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 56: Europe: Smart Motors Market: Sales Value (in Million US$), 2016 & 2021
Figure 57: Europe: Smart Motors Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 58: Germany: Smart Motors Market: Sales Value (in Million US$), 2016 & 2021
Figure 59: Germany: Smart Motors Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 60: France: Smart Motors Market: Sales Value (in Million US$), 2016 & 2021
Figure 61: France: Smart Motors Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 62: United Kingdom: Smart Motors Market: Sales Value (in Million US$), 2016 & 2021
Figure 63: United Kingdom: Smart Motors Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 64: Italy: Smart Motors Market: Sales Value (in Million US$), 2016 & 2021
Figure 65: Italy: Smart Motors Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 66: Spain: Smart Motors Market: Sales Value (in Million US$), 2016 & 2021
Figure 67: Spain: Smart Motors Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 68: Russia: Smart Motors Market: Sales Value (in Million US$), 2016 & 2021
Figure 69: Russia: Smart Motors Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 70: Others: Smart Motors Market: Sales Value (in Million US$), 2016 & 2021
Figure 71: Others: Smart Motors Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 72: Latin America: Smart Motors Market: Sales Value (in Million US$), 2016 & 2021
Figure 73: Latin America: Smart Motors Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 74: Brazil: Smart Motors Market: Sales Value (in Million US$), 2016 & 2021
Figure 75: Brazil: Smart Motors Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 76: Mexico: Smart Motors Market: Sales Value (in Million US$), 2016 & 2021
Figure 77: Mexico: Smart Motors Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 78: Others: Smart Motors Market: Sales Value (in Million US$), 2016 & 2021
Figure 79: Others: Smart Motors Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 80: Middle East and Africa: Smart Motors Market: Sales Value (in Million US$), 2016 & 2021
Figure 81: Middle East and Africa: Smart Motors Market: Breakup by Country (in %), 2021
Figure 82: Middle East and Africa: Smart Motors Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 83: Global: Smart Motors Industry: SWOT Analysis
Figure 84: Global: Smart Motors Industry: Value Chain Analysis
Figure 85: Global: Smart Motors Industry: Porter's Five Forces Analysis
Figure 1: Global: Smart Motors Market: Major Drivers and Challenges
Figure 2: Global: Smart Motors Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Smart Motors Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 4: Global: Smart Motors Market: Breakup by Component (in %), 2021
Figure 5: Global: Smart Motors Market: Breakup by Product (in %), 2021
Figure 6: Global: Smart Motors Market: Breakup by Application (in %), 2021
Figure 7: Global: Smart Motors Market: Breakup by Region (in %), 2021
Figure 8: Global: Smart Motors (Variable Speed Drive) Market: Sales Value (in Million US$), 2016 & 2021
Figure 9: Global: Smart Motors (Variable Speed Drive) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 10: Global: Smart Motors (Intelligent Motor Control Center) Market: Sales Value (in Million US$), 2016 & 2021
Figure 11: Global: Smart Motors (Intelligent Motor Control Center) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 12: Global: Smart Motors (Motor) Market: Sales Value (in Million US$), 2016 & 2021
Figure 13: Global: Smart Motors (Motor) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 14: Global: Smart Motors (24V) Market: Sales Value (in Million US$), 2016 & 2021
Figure 15: Global: Smart Motors (24V) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 16: Global: Smart Motors (18V) Market: Sales Value (in Million US$), 2016 & 2021
Figure 17: Global: Smart Motors (18V) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 18: Global: Smart Motors (36V) Market: Sales Value (in Million US$), 2016 & 2021
Figure 19: Global: Smart Motors (36V) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 20: Global: Smart Motors (48.24V) Market: Sales Value (in Million US$), 2016 & 2021
Figure 21: Global: Smart Motors (48.24V) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 22: Global: Smart Motors (Automotive) Market: Sales Value (in Million US$), 2016 & 2021
Figure 23: Global: Smart Motors (Automotive) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 24: Global: Smart Motors (Aerospace and Defense) Market: Sales Value (in Million US$), 2016 & 2021
Figure 25: Global: Smart Motors (Aerospace and Defense) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 26: Global: Smart Motors (Oil and Gas) Market: Sales Value (in Million US$), 2016 & 2021
Figure 27: Global: Smart Motors (Oil and Gas) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 28: Global: Smart Motors (Metal and Mining) Market: Sales Value (in Million US$), 2016 & 2021
Figure 29: Global: Smart Motors (Metal and Mining) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 30: Global: Smart Motors (Water and Wastewater Treatment) Market: Sales Value (in Million US$), 2016 & 2021
Figure 31: Global: Smart Motors (Water and Wastewater Treatment) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 32: Global: Smart Motors (Other Applications) Market: Sales Value (in Million US$), 2016 & 2021
Figure 33: Global: Smart Motors (Other Applications) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 34: North America: Smart Motors Market: Sales Value (in Million US$), 2016 & 2021
Figure 35: North America: Smart Motors Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 36: United States: Smart Motors Market: Sales Value (in Million US$), 2016 & 2021
Figure 37: United States: Smart Motors Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 38: Canada: Smart Motors Market: Sales Value (in Million US$), 2016 & 2021
Figure 39: Canada: Smart Motors Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 40: Asia-Pacific: Smart Motors Market: Sales Value (in Million US$), 2016 & 2021
Figure 41: Asia-Pacific: Smart Motors Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 42: China: Smart Motors Market: Sales Value (in Million US$), 2016 & 2021
Figure 43: China: Smart Motors Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 44: Japan: Smart Motors Market: Sales Value (in Million US$), 2016 & 2021
Figure 45: Japan: Smart Motors Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 46: India: Smart Motors Market: Sales Value (in Million US$), 2016 & 2021
Figure 47: India: Smart Motors Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 48: South Korea: Smart Motors Market: Sales Value (in Million US$), 2016 & 2021
Figure 49: South Korea: Smart Motors Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 50: Australia: Smart Motors Market: Sales Value (in Million US$), 2016 & 2021
Figure 51: Australia: Smart Motors Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 52: Indonesia: Smart Motors Market: Sales Value (in Million US$), 2016 & 2021
Figure 53: Indonesia: Smart Motors Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 54: Others: Smart Motors Market: Sales Value (in Million US$), 2016 & 2021
Figure 55: Others: Smart Motors Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 56: Europe: Smart Motors Market: Sales Value (in Million US$), 2016 & 2021
Figure 57: Europe: Smart Motors Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 58: Germany: Smart Motors Market: Sales Value (in Million US$), 2016 & 2021
Figure 59: Germany: Smart Motors Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 60: France: Smart Motors Market: Sales Value (in Million US$), 2016 & 2021
Figure 61: France: Smart Motors Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 62: United Kingdom: Smart Motors Market: Sales Value (in Million US$), 2016 & 2021
Figure 63: United Kingdom: Smart Motors Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 64: Italy: Smart Motors Market: Sales Value (in Million US$), 2016 & 2021
Figure 65: Italy: Smart Motors Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 66: Spain: Smart Motors Market: Sales Value (in Million US$), 2016 & 2021
Figure 67: Spain: Smart Motors Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 68: Russia: Smart Motors Market: Sales Value (in Million US$), 2016 & 2021
Figure 69: Russia: Smart Motors Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 70: Others: Smart Motors Market: Sales Value (in Million US$), 2016 & 2021
Figure 71: Others: Smart Motors Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 72: Latin America: Smart Motors Market: Sales Value (in Million US$), 2016 & 2021
Figure 73: Latin America: Smart Motors Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 74: Brazil: Smart Motors Market: Sales Value (in Million US$), 2016 & 2021
Figure 75: Brazil: Smart Motors Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 76: Mexico: Smart Motors Market: Sales Value (in Million US$), 2016 & 2021
Figure 77: Mexico: Smart Motors Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 78: Others: Smart Motors Market: Sales Value (in Million US$), 2016 & 2021
Figure 79: Others: Smart Motors Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 80: Middle East and Africa: Smart Motors Market: Sales Value (in Million US$), 2016 & 2021
Figure 81: Middle East and Africa: Smart Motors Market: Breakup by Country (in %), 2021
Figure 82: Middle East and Africa: Smart Motors Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 83: Global: Smart Motors Industry: SWOT Analysis
Figure 84: Global: Smart Motors Industry: Value Chain Analysis
Figure 85: Global: Smart Motors Industry: Porter's Five Forces Analysis
