An electric motor is an electrical machine that converts electrical energyinto mechanical energy. An electric generator operates in the reverse direction, converting mechanical energy into electrical energy.
LPI (LP Information)’ newest research report, the “Electric Motor Industry Forecast” looks at past sales and reviews total world Electric Motor sales in 2022, providing a comprehensive analysis by region and market sector of projected Electric Motor sales for 2023 through 2029. With Electric Motor sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Electric Motor industry.
This Insight Report provides a comprehensive analysis of the global Electric Motor landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Electric Motor portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Electric Motor market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Electric Motor and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Electric Motor.
The global Electric Motor market size is projected to grow from US$ 131340 million in 2022 to US$ 170960 million in 2029; it is expected to grow at a CAGR of 3.8% from 2023 to 2029.
China is the major region of the global market, which takes about 30% market share.
This report presents a comprehensive overview, market shares, and growth opportunities of Electric Motor market by product type, application, key players and key regions and countries.
Top Manufactures in Global Electric Motor Includes:
Nidec
Siemens
ABB
Denso
Hitachi
Regal Beloit
GE
Bosch
Emerson
Rockwell Automation
Toshiba
Franklin Electric
Johnson Electric
Broad-Ocean
Ametek
Allied Motion
Market Segment by Type, covers:
AC Motor
DC Motor
Hermetic Motor
Micro Motors
Market Segment by Applications, can be divided into:
Industrial Machinery
Motor Vehicle
HVAC Equipment
Aerospace & Transportation
Household Appliances
Others
Key Questions Addressed in this Report
What is the 10-year outlook for the global Electric Motor market?
What factors are driving Electric Motor market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Electric Motor market opportunities vary by end market size?
How does Electric Motor break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Request Sample Report and Full Report TOC:
https://www.lpinformationdata.com/reports/449519/electric-motor-outlook-2029
LP INFORMATION (LPI) is a professional market report publisher based in America, providing high quality market research reports with competitive prices to help decision makers make informed decisions and take strategic actions to achieve excellent outcomes.We have an extensive library of reports on hundreds of technologies.Search for a specific term, or click on an industry to browse our reports by subject. Narrow down your results using our filters or sort by what’s important to you, such as publication date, price, or name.
LP INFORMATION
E-mail: info@lpinformationdata.com
Add: 17890 Castleton St. Suite 369 City of Industry, CA 91748 US
Website: https://www.lpinformationdata.com