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Global Electric Motors Market Report 2022: Transition of the Global Automotive Industry Toward Electric Vehicles Presents Opportunities – ResearchAndMarkets.com

DUBLIN–(Business WIRE)–The “International Electric Motors Market by Style (AC, DC), Power Ranking (<1 kW, 1-2.2 kW, 2.2-375 kW,>375 kW), End Consumer (Industrial, Professional, Residential, Transportation, and Agriculture), Voltage, Rotor Kind, Output Electrical power and Location – Forecast to 2027″ report has been added to ResearchAndMarkets.com’s supplying.

The international electric powered motors marketplace is approximated to grow from USD 134. Billion in 2022 to USD 186. Billion by 2027 it is expected to document a CAGR of 6.8% through the forecast period of time. Raising demand for HVAC methods amid residential, professional, and industrial finish-consumers, rising desire for electric powered motors in production industries, and climbing demand from customers for power-economical motors are the major driving issue for the electric powered motors industry.

AC Motors: The premier section of the electric powered motors current market, by style

Based on type, the electrical motors marketplace has been break up into AC Motors, and DC Motors. AC motors were being believed to account for a larger sized share of the electric motors current market in 2021. Pros like low servicing and significant ability, creating electrical motors ideal for this kind of applications.

Industrial phase is envisioned to emerge as the major section dependent on finish-consumer

By finish person, the electrical motors current market has been segmented into Industrial, industrial, household, transportation, and agriculture. The industrial segment is predicted to be the most significant segment all through the forecast period of time thanks to increased use of electric motors in the industrial sector as they are power-successful, create minimal sound and offer substantial dependability.

2.2-375 kW segment is predicted to emerge as the 2nd premier phase based on energy ranking

By electricity rating, the electrical motors marketplace has been segmented into <1 kW, 1-2.2 kW, 2.2-375 kW, and>375 kW. 2.2-375 kW section is envisioned to be the second largest segment for the duration of the forecast period of time. Modernization of utilities-centered infrastructure in made nations and components these kinds of as expanding urban population and industrialization in establishing nations are driving the current market for 2.2-375 kW electric motors in the Asia Pacific and Europe.

Europe is expected to be the second major market place through the forecast period

Europe is expected to be the next-speediest increasing sector thanks to the breakthroughs in equipment and industrial machines and their increased deployment in the area are envisioned to generate the growth of the electric motors market place in Europe.

Industry Dynamics

Drivers

  • Expanding Demand for HVAC Devices Amongst Household, Business, and Industrial Stop-consumers
  • Increasing Demand from customers for Electric powered Motors in Producing Industries
  • Soaring Demand for Vitality-Effective Motors

Restraints

  • Fluctuating Prices of Raw Elements

Options

  • Transition of the World-wide Automotive Sector Toward Electrical Automobiles
  • Emerging Robotics Technological know-how to Boost Demand for Electric Motors

Issues

  • Easy Availability of Minimal-High-quality and Affordable Electric Motors
  • Lack of Elements and Supply Chain Issues Main to Increased Product or service Value

Critical Topics Coated:

1 Introduction

2 Research Methodology

3 Government Summary

4 High quality Insights

5 Sector Overview

6 Electric Motors Market place, by Kind

6.1 Introduction

6.2 AC Motors

6.3 DC Motors

7 Electrical Motors Market place, by Electric power Ranking

7.1 Introduction

7.2 <1 kW Motors

7.3 1-2.2 kW Motors

7.4 2.2-375 kW Motors

7.5> 375 kW Motors

8 Electric Motors Current market, by Voltage

8.1 Introduction

8.2 Small Voltage (Underneath 690 V)

8.3 Medium Voltage (Between 690 V and 45 kV)

8.4 Large Voltage (Higher than 45 kV)

9 Electric powered Motors Marketplace, by Close-person

9.1 Introduction

9.2 Industrial

9.3 Business

9.4 Household

9.5 Transportation

9.6 Agriculture

10 Electric Motors Industry, by Rotor Style

10.1 Introduction

10.2 Internal Rotors

10.3 Outer Rotors

11 Electric Motors Market, by Output Electric power

11.1 Introduction

11.2 <1 Hp Motors

11.3>1 Hp Motors

12 Electric powered Motors Sector, by Region

13 Competitive Landscape

14 Corporation Profiles

15 Appendix

Firms Mentioned

  • ABB
  • Allied Motion
  • Ametek
  • Arc Systems
  • Brook Crompton
  • Buhler Motor
  • Faulhaber Team
  • Frankline Electric powered
  • Hitachi
  • Hyosung Heavy Industries
  • Johnson Electrical
  • Maxon Motor
  • Nidec Company
  • Regal Rexnord Company
  • Robert Bosch GmbH
  • Rockwell Automation
  • Shandong Huali
  • Siemens
  • Teco Electrical & Equipment
  • Toshiba Company
  • Weg
  • Windings Inc.
  • Wolong Electric powered
  • Yaskawa

For additional details about this report stop by https://www.researchandmarkets.com/r/z2w91r