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Electric Motor Market Size - Global Industry, Share, Analysis, Trends and Forecast 2023 - 2032

Published : Feb 2024

Report ID: ARC1944

Pages : 250

Format : Electric Motor Market Size - Global Industry, Share, Analysis, Trends and Forecast 2023 - 2032

CHAPTER 1. Industry Overview of Electric Motor Market

1.1. Definition and Scope

1.1.1. Definition of Electric Motor

1.1.2. Market Segmentation

1.1.3. Years Considered for the Study

1.1.4. Assumptions and Acronyms Used

1.1.4.1. Market Assumptions and Market Forecast

1.1.4.2. Acronyms Used in Global Electric Motor Market

1.2. Summary

1.2.1. Executive Summary 

1.2.2. Electric Motor Market By Component

1.2.3. Electric Motor Market By Type

1.2.4. Electric Motor Market By Power Output

1.2.5. Electric Motor Market By Application

1.2.6. Electric Motor Market By Region

CHAPTER 2. Research Approach

2.1. Methodology 

2.1.1. Research Programs

2.1.2. Market Size Estimation

2.1.3. Market Breakdown and Data Triangulation

2.2. Data Source

2.2.1. Secondary Sources

2.2.2. Primary Sources

CHAPTER 3. Market Dynamics And Competition Analysis

3.1. Market Drivers

3.1.1. Driver 1

3.1.2. Driver 2

3.2. Restraints and Challenges

3.2.1. Restraint 1

3.2.2. Restraint 2

3.3. Growth Opportunities

3.3.1. Opportunity 1

3.3.2. Opportunity 2 

3.4. Porter’s Five Forces Analysis

3.4.1. Bargaining Power of Suppliers

3.4.2. Bargaining Power of Buyers

3.4.3. Threat of Substitute

3.4.4. Threat of New Entrants

3.4.5. Degree of Competition

3.5. Market Concentration Ratio and Market Maturity Analysis of Electric Motor Market

3.5.1. Go To Market Strategy

3.5.1.1. Introduction

3.5.1.2. Growth

3.5.1.3. Maturity

3.5.1.4. Saturation

3.5.1.5. Possible Development

3.6. Technological Roadmap for Electric Motor Market

3.7. Value Chain Analysis

3.7.1. List of Key Manufacturers 

3.7.2. List of Customers

3.7.3. Level of Integration

3.8. Cost Structure Analysis

3.8.1. Price Trend of Key Raw Materials

3.8.2. Raw Material Suppliers

3.8.3. Proportion of Manufacturing Cost Structure

3.8.3.1. Raw Material

3.8.3.2. Labor Cost

3.8.3.3. Manufacturing Expense

3.9. Regulatory Compliance

3.10. Competitive Landscape, 2022

3.10.1. Player Positioning Analysis

3.10.2. Key Strategies Adopted By Leading Players

CHAPTER 4. Manufacturing Plant Analysis

4.1. Manufacturing Plant Location and Establish Date of Major Manufacturers in 2022

4.2. R&D Status of Major Manufacturers in 2022

CHAPTER 5. Electric Motor Market By Component

5.1. Introduction

5.2. Electric Motor Revenue By Component

5.2.1. Electric Motor Revenue (USD Million) and Forecast, By Component, 2020-2032

5.2.2. Rotors

5.2.2.1. Rotor Market Revenue (USD Million) and Growth Rate (%), 2020-2032

5.2.3. Stator

5.2.3.1. Stator Market Revenue (USD Million) and Growth Rate (%), 2020-2032

5.2.4. Bearings

5.2.4.1. Bearings Market Revenue (USD Million) and Growth Rate (%), 2020-2032

5.2.5. Frame

5.2.5.1. Frame Market Revenue (USD Million) and Growth Rate (%), 2020-2032

5.2.6. End-bracket

5.2.6.1. End-bracket Market Revenue (USD Million) and Growth Rate (%), 2020-2032

5.2.7. Others

5.2.7.1. Others Market Revenue (USD Million) and Growth Rate (%), 2020-2032

CHAPTER 6. Electric Motor Market By Type

6.1. Introduction

6.2. Electric Motor Revenue By Type

6.2.1. Electric Motor Revenue (USD Million) and Forecast, By Type, 2020-2032

6.2.2. AC Motors

6.2.2.1. AC Motors Market Revenue (USD Million) and Growth Rate (%), 2020-2032

6.2.3. DC Motors

6.2.3.1. DC Motors Market Revenue (USD Million) and Growth Rate (%), 2020-2032

6.2.4. Hermetic Motor

6.2.4.1. Hermetic Motor Market Revenue (USD Million) and Growth Rate (%), 2020-2032

CHAPTER 7. Electric Motor Market By Power Output

7.1. Introduction

7.2. Electric Motor Revenue By Power Output

7.2.1. Electric Motor Revenue (USD Million) and Forecast, By Power Output, 2020-2032

7.2.2. Integral HP Output

7.2.2.1. Integral HP Output Market Revenue (USD Million) and Growth Rate (%), 2020-2032

7.2.3. Fractional HP Output

7.2.3.1. Fractional HP Output Market Revenue (USD Million) and Growth Rate (%), 2020-2032

CHAPTER 8. Electric Motor Market By Application

8.1. Introduction

8.2. Electric Motor Revenue By Application

8.2.1. Electric Motor Revenue (USD Million) and Forecast, By Application, 2020-2032

8.2.2. Industrial Machinery

8.2.2.1. Industrial Machinery Market Revenue (USD Million) and Growth Rate (%), 2020-2032

8.2.3. Motor Vehicles

8.2.3.1. Motor Vehicles Market Revenue (USD Million) and Growth Rate (%), 2020-2032

8.2.4. HVAC Equipment

8.2.4.1. HVAC Equipment Market Revenue (USD Million) and Growth Rate (%), 2020-2032

8.2.5. Aerospace & Transportation

8.2.5.1. Aerospace & Transportation Market Revenue (USD Million) and Growth Rate (%), 2020-2032

8.2.6. Household Appliances

8.2.6.1. Household Appliances Market Revenue (USD Million) and Growth Rate (%), 2020-2032

8.2.7. Others

8.2.7.1. Others Market Revenue (USD Million) and Growth Rate (%), 2020-2032

CHAPTER 9. North America Electric Motor Market By Country 

9.1. North America Electric Motor Market Overview

9.2. U.S.

9.2.1. U.S. Electric Motor Revenue (USD Million) and Forecast By Type, 2020-2032

9.2.2. U.S. Electric Motor Revenue (USD Million) and Forecast By Component, 2020-2032

9.2.3. U.S. Electric Motor Revenue (USD Million) and Forecast By Power Output, 2020-2032

9.2.4. U.S. Electric Motor Revenue (USD Million) and Forecast By Application, 2020-2032

9.3. Canada

9.3.1. Canada Electric Motor Revenue (USD Million) and Forecast By Type, 2020-2032

9.3.2. Canada Electric Motor Revenue (USD Million) and Forecast By Component, 2020-2032

9.3.3. Canada Electric Motor Revenue (USD Million) and Forecast By Power Output, 2020-2032

9.3.4. Canada Electric Motor Revenue (USD Million) and Forecast By Application, 2020-2032

9.4. North America PEST Analysis

CHAPTER 10. Europe Electric Motor Market By Country

10.1. Europe Electric Motor Market Overview

10.2. U.K.

10.2.1. U.K. Electric Motor Revenue (USD Million) and Forecast By Type, 2020-2032

10.2.2. U.K. Electric Motor Revenue (USD Million) and Forecast By Component, 2020-2032

10.2.3. U.K. Electric Motor Revenue (USD Million) and Forecast By Power Output, 2020-2032

10.2.4. U.K. Electric Motor Revenue (USD Million) and Forecast By Application, 2020-2032

10.3. Germany

10.3.1. Germany Electric Motor Revenue (USD Million) and Forecast By Type, 2020-2032

10.3.2. Germany Electric Motor Revenue (USD Million) and Forecast By Component, 2020-2032

10.3.3. Germany Electric Motor Revenue (USD Million) and Forecast By Power Output, 2020-2032

10.3.4. Germany Electric Motor Revenue (USD Million) and Forecast By Application, 2020-2032

10.4. France

10.4.1. France Electric Motor Revenue (USD Million) and Forecast By Type, 2020-2032

10.4.2. France Electric Motor Revenue (USD Million) and Forecast By Component, 2020-2032

10.4.3. France Electric Motor Revenue (USD Million) and Forecast By Power Output, 2020-2032

10.4.4. France Electric Motor Revenue (USD Million) and Forecast By Application, 2020-2032

10.5. Spain

10.5.1. Spain Electric Motor Revenue (USD Million) and Forecast By Type, 2020-2032

10.5.2. Spain Electric Motor Revenue (USD Million) and Forecast By Component, 2020-2032

10.5.3. Spain Electric Motor Revenue (USD Million) and Forecast By Power Output, 2020-2032

10.5.4. Spain Electric Motor Revenue (USD Million) and Forecast By Application, 2020-2032

10.6. Rest of Europe

10.6.1. Rest of Europe Electric Motor Revenue (USD Million) and Forecast By Type, 2020-2032

10.6.2. Rest of Europe Electric Motor Revenue (USD Million) and Forecast By Component, 2020-2032

10.6.3. Rest of Europe Electric Motor Revenue (USD Million) and Forecast By Power Output, 2020-2032

10.6.4. Rest of Europe Electric Motor Revenue (USD Million) and Forecast By Application, 2020-2032

10.7. Europe PEST Analysis

CHAPTER 11. Asia Pacific Electric Motor Market By Country

11.1. Asia Pacific Electric Motor Market Overview

11.2. China

11.2.1. China Electric Motor Revenue (USD Million) and Forecast By Type, 2020-2032

11.2.2. China Electric Motor Revenue (USD Million) and Forecast By Component, 2020-2032

11.2.3. China Electric Motor Revenue (USD Million) and Forecast By Power Output, 2020-2032

11.2.4. China Electric Motor Revenue (USD Million) and Forecast By Application, 2020-2032

11.3. Japan

11.3.1. Japan Electric Motor Revenue (USD Million) and Forecast By Type, 2020-2032

11.3.2. Japan Electric Motor Revenue (USD Million) and Forecast By Component, 2020-2032

11.3.3. Japan Electric Motor Revenue (USD Million) and Forecast By Power Output, 2020-2032

11.3.4. Japan Electric Motor Revenue (USD Million) and Forecast By Application, 2020-2032

11.4. India

11.4.1. India Electric Motor Revenue (USD Million) and Forecast By Type, 2020-2032

11.4.2. India Electric Motor Revenue (USD Million) and Forecast By Component, 2020-2032

11.4.3. India Electric Motor Revenue (USD Million) and Forecast By Power Output, 2020-2032

11.4.4. India Electric Motor Revenue (USD Million) and Forecast By Application, 2020-2032

11.5. Australia

11.5.1. Australia Electric Motor Revenue (USD Million) and Forecast By Type, 2020-2032

11.5.2. Australia Electric Motor Revenue (USD Million) and Forecast By Component, 2020-2032

11.5.3. Australia Electric Motor Revenue (USD Million) and Forecast By Power Output, 2020-2032

11.5.4. Australia Electric Motor Revenue (USD Million) and Forecast By Application, 2020-2032

11.6. South Korea

11.6.1. South Korea Electric Motor Revenue (USD Million) and Forecast By Type, 2020-2032

11.6.2. South Korea Electric Motor Revenue (USD Million) and Forecast By Component, 2020-2032

11.6.3. South Korea Electric Motor Revenue (USD Million) and Forecast By Power Output, 2020-2032

11.6.4. South Korea Electric Motor Revenue (USD Million) and Forecast By Application, 2020-2032

11.7. Rest of Asia-Pacific

11.7.1. Rest of Asia-Pacific Electric Motor Revenue (USD Million) and Forecast By Type, 2020-2032

11.7.2. Rest of Asia-Pacific Electric Motor Revenue (USD Million) and Forecast By Component, 2020-2032

11.7.3. Rest of Asia-Pacific Electric Motor Revenue (USD Million) and Forecast By Power Output, 2020-2032

11.7.4. Rest of Asia-Pacific Electric Motor Revenue (USD Million) and Forecast By Application, 2020-2032

11.8. Asia Pacific PEST Analysis

CHAPTER 12. Latin America Electric Motor Market By Country

12.1. Latin America Electric Motor Market Overview

12.2. Brazil

12.2.1. Brazil Electric Motor Revenue (USD Million) and Forecast By Type, 2020-2032

12.2.2. Brazil Electric Motor Revenue (USD Million) and Forecast By Component, 2020-2032

12.2.3. Brazil Electric Motor Revenue (USD Million) and Forecast By Power Output, 2020-2032

12.2.4. Brazil Electric Motor Revenue (USD Million) and Forecast By Application, 2020-2032

12.3. Mexico

12.3.1. Mexico Electric Motor Revenue (USD Million) and Forecast By Type, 2020-2032

12.3.2. Mexico Electric Motor Revenue (USD Million) and Forecast By Component, 2020-2032

12.3.3. Mexico Electric Motor Revenue (USD Million) and Forecast By Power Output, 2020-2032

12.3.4. Mexico Electric Motor Revenue (USD Million) and Forecast By Application, 2020-2032

12.4. Rest of Latin America

12.4.1. Rest of Latin America Electric Motor Revenue (USD Million) and Forecast By Type, 2020-2032

12.4.2. Rest of Latin America Electric Motor Revenue (USD Million) and Forecast By Component, 2020-2032

12.4.3. Rest of Latin America Electric Motor Revenue (USD Million) and Forecast By Power Output, 2020-2032

12.4.4. Rest of Latin America Electric Motor Revenue (USD Million) and Forecast By Application, 2020-2032

12.5. Latin America PEST Analysis

CHAPTER 13. Middle East & Africa Electric Motor Market By Country 

13.1. Middle East & Africa Electric Motor Market Overview

13.2. GCC

13.2.1. GCC Electric Motor Revenue (USD Million) and Forecast By Type, 2020-2032

13.2.2. GCC Electric Motor Revenue (USD Million) and Forecast By Component, 2020-2032

13.2.3. GCC Electric Motor Revenue (USD Million) and Forecast By Power Output, 2020-2032

13.2.4. GCC Electric Motor Revenue (USD Million) and Forecast By Application, 2020-2032

13.3. South Africa

13.3.1. South Africa Electric Motor Revenue (USD Million) and Forecast By Type, 2020-2032

13.3.2. South Africa Electric Motor Revenue (USD Million) and Forecast By Component, 2020-2032

13.3.3. South Africa Electric Motor Revenue (USD Million) and Forecast By Power Output, 2020-2032

13.3.4. South Africa Electric Motor Revenue (USD Million) and Forecast By Application, 2020-2032

13.4. Rest of Middle East & Africa

13.4.1. Rest of Middle East & Africa Electric Motor Revenue (USD Million) and Forecast By Type, 2020-2032

13.4.2. Rest of Middle East & Africa Electric Motor Revenue (USD Million) and Forecast By Component, 2020-2032

13.4.3. Rest of Middle East & Africa Electric Motor Revenue (USD Million) and Forecast By Power Output, 2020-2032

13.4.4. Rest of Middle East & Africa Electric Motor Revenue (USD Million) and Forecast By Application, 2020-2032

13.5. Middle East & Africa PEST Analysis

CHAPTER 14. Player Analysis Of Electric Motor Market

14.1. Electric Motor Market Company Share Analysis

14.2. Competition Matrix

14.2.1. Competitive Benchmarking of key players by price, presence, market share, and R&D investment

14.2.2. New Product Launches and Product Enhancements

14.2.3. Mergers And Acquisition In Global Electric Motor Market

14.2.4. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements

CHAPTER 15. Company Profile

15.1. ABB Group

15.1.1. Company Snapshot

15.1.2. Business Overview

15.1.3. Financial Overview

15.1.3.1. Revenue (USD Million), 2022

15.1.3.2. ABB Group 2022 Electric Motor Business Regional Distribution

15.1.4. Product /Service and Specification

15.1.5. Recent Developments & Business Strategy

15.2. Ametek Inc.

15.3. ARC Systems, Inc.

15.4. Asmo Co., Ltd.

15.5. Baldor Electric Company, Inc.

15.6. Brook Crompton UK Ltd.

15.7. Dr. Fritz Faulhaber GmbH

15.8. Emerson Electric

15.9. Franklin Electric Co., Inc.

15.10. Maxon Motors AG

15.11. Regal Beloit Corporation

15.12. Rockwell Automation, Inc.

15.13. Siemens AG

Frequently Asked Questions

How big is the electric motor market?

The electric motor market size was valued at USD 162.4 billion in 2022.

What is the CAGR of the global electric motor market from 2023 to 2032?

The CAGR of electric motor is 8.1% during the analysis period of 2023 to 2032.

Which are the key players in the electric motor market?

The key players operating in the global market are including ABB Group, Ametek Inc., ARC Systems, Inc., Asmo Co., Ltd., Baldor Electric Company, Inc., Brook Crompton UK Ltd., Dr. Fritz Faulhaber GmbH, Emerson Electric, Franklin Electric Co., Inc., Maxon Motors AG, Regal Beloit Corporation, Rockwell Automation, Inc., and Siemens AG

Which region dominated the global electric motor market share?

Asia-Pacific held the dominating position in electric motor industry during the analysis period of 2023 to 2032.

Which region registered fastest CAGR from 2023 to 2032?

North America region exhibited fastest growing CAGR for market of electric motor during the analysis period of 2023 to 2032.

What are the current trends and dynamics in the global electric motor industry?

The current trends and dynamics in the electric motor industry include increasing demand for electric vehicles and hybrid cars, and growing adoption of automation and electrification in industries, and emphasis on energy efficiency and environmental sustainability, and technological advancements enhancing motor efficiency and performance.

Which type held the maximum share in 2022?

The AC motors type the maximum share of the electric motor industry.

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