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Global Electric Motors Market Report 2024

Electric Motors Global Market Report 2025 – By Type (Alternate Current (AC) Motor, Direct Current (AC) Motor, Hermetic Motor), By Output Power (Integral Horsepower (IHP), Fractional Horsepower (FHP)), By Application (Industrial Machinery, Motor Vehicle, HVAC Equipment, Aerospace & Transportation, Household Appliances, Other Commercial Applications) – Market Size, Trends, And Global Forecast 2025-2034

Electric Motors Global Market Report 2025

Report Price : $4490.00 | Pages : 175 | Published : January 2025 | Delivery Time: 2-3 business days | Format : pdf

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Electric Motors Global Market Report 2025

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Description Table Of Contents Tables & Figures Market Insights Related Reports

Electric Motors Market Definition

The electric motor is defined as an electric machine that converts electrical energy into mechanical energy and supplies power to the devices. It works on the principles of electromagnetism with properties such as durability, high efficiency, low energy consumption, and low maintenance.

The main types of electric motors are alternate current (AC) motor, direct current (DC) motor, and hermetic motor. A hermetic motor contains both the compressor and the motor within a single outer welded steel shell. The motor and compressor are connected directly on the same shaft, with the motor located within the refrigeration circuit. As a result, the need for a shaft seal and the resulting refrigerant leakage problem was eliminated. Welding or brazing is used to connect all refrigerant pipelines to the outer steel shell. The voltage of an electric motor ranges from 9v and below, 10-20 v, 21-60 v, 60 v, and above, and various output power are integral horsepower (IHP) and fractional horsepower (FHP). The different speeds of the electric motor are low-speed (less than 1,000 rpm), medium-speed (1,001 to 25,000 rpm), high-speed (25,001 to 75,000 rpm), ultra-high-speed (greater than 75,001 rpm) that are used for industrial machinery, motor vehicle, HVAC equipment, aerospace and transportation, household appliances, other commercial applications.

Electric Motors Market Segmentation

The electric motors market covered in this report is segmented –

1) By Type: Alternate Current (AC) Motor, Direct Current (AC) Motor, Hermetic Motor

2) By Output Power: Integral Horsepower (IHP), Fractional Horsepower (FHP)

3) By Application: Industrial Machinery, Motor Vehicle, HVAC Equipment, Aerospace And Transportation, Household Appliances, Other Commercial Applications

Subsegments:

1) By Alternate Current (AC) Motor: Synchronous AC Motors, Asynchronous (Induction) AC Motors, Single-Phase AC Motors, Three-Phase AC Motors

2) By Direct Current (DC) Motor: Brushed DC Motors, Brushless DC Motors (BLDC), Shunt DC Motors, Series DC Motors, Compound DC Motors

3) By Hermetic Motor: Hermetically Sealed Compressor Motors, Hermetically Sealed Refrigeration Motors

Electric Motors Market Size and growth rate 2025 to 2029: Graph

Electric Motors Market Size 2025 And Growth Rate

The electric motors market size has grown steadily in recent years. It will grow from $102 billion in 2024 to $106.51 billion in 2025 at a compound annual growth rate (CAGR) of 4.4%. The growth in the historic period can be attributed to industrial revolution, electrification of industries, transportation and automotive industry, consumer appliances and home automation.

Electric Motors Market Growth Forecast

The electric motors market size is expected to see steady growth in the next few years. It will grow to $122.66 billion in 2029 at a compound annual growth rate (CAGR) of 3.6%. The growth in the forecast period can be attributed to electrification of transportation, industrial automation, renewable energy, energy efficiency regulation, IoT and smart systems. Major trends in the forecast period include high-efficiency motors, miniaturization, sensor integration, sustainable materials, customization and modular design.

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Electric Motors Market Driver: Surge In Electric Vehicle Sales Fuels Growth In The Electric Motors Market

An increase in the sale of electric vehicles is expected to propel the growth of the electric motors market. An electric vehicle (EV) is a vehicle that is entirely or partially powered by electricity. The growing popularity of electric vehicles drives the demand for electric to drive the wheels. For instance, in May 2023, according to the International Energy Agency (IEA), a France-based independent intergovernmental organization, there were 10 million electric vehicles sold in 2022, and the number of electric vehicles sold increased to 14 million in 2023. Therefore, the growing demand for electric vehicles (EVs) is driving the growth of the electric motors market going forward.

Electric Motors Market Driver: Increasing Demand For Electricity Supply And Its Significance In The Electric Motors Market

The increasing demand for electricity supply is expected to propel the growth of the electric motor market going forward. Electricity supply refers to the process of generating, transmitting, and distributing electrical energy to end-users or consumers for various applications, such as powering homes, businesses, industries, and transportation. Electric motors use electricity to operate effectively and efficiently and are used in fans, power tools, appliances, electric vehicles, and hybrid cars. For instance, in June 2023, according to the U.S. Energy Information Administration, a US-based government agency, in the US, electricity sales were 3,909 billion kWh (kilowatt-hour)—or about 3.9 trillion kWh (kilowatt-hour) in 2022, which has increased from 103 billion kWh (kilowatt-hour) in 2021. Therefore, the increasing demand for electricity supply is driving the growth of the electric motor market.

Global Electric Motors Market Major Players

Major companies operating in the electric motors market include Asea Brown Boveri (ABB) Ltd., ARC Systems Inc, Asmo Co. Ltd., Brook Crompton UK Ltd., Emerson Electric Co., Regal Beloit Corporation, Rockwell Automation Inc., Siemens AG, Ametek Inc., Baldor Electric Company Inc., Allied Motion Technologies Inc., Franklin Electric Co. Inc., Johnson Electric Holdings Limited, Robert Bosch GmbH, Denso Corporation, Toshiba International Corporation, General Electric Company, Nidec Corporation, WEG S.A., Hitachi Ltd., Hyosung Corporation, Danaher Corporation, Teco Electric Machinery & Co., Dr. Fritz Faulhaber GmbH Co. KG, Maxon Motor AG, Mitsubishi Electric, Panasonic, Shandong, Bulher Motor Gmbh, BorgWarner Inc, Continental AG, Schneider Electric SE, Sumitomo Heavy Industries Ltd., Yaskawa Electric Corporation, Zhejiang Founder Motor Co. Ltd., Marathon Electric, Kirloskar Electric Company Limited

Global Electric Motors Market Trend: Attron Automotive Unveils High-Efficiency Electric Motors And Controllers For Next-Gen EVs

Major players in the electric motors market are focusing on new electric motors and controllers, such as the RM14530, RM16070, and RM16045 electric motor series, to enhance EV performance, range, and efficiency. Electric motors are devices that convert electrical energy into mechanical energy, powering various systems such as electric vehicles, appliances, and industrial machinery. Electric controllers manage and regulate the operation of these motors, optimizing performance by controlling factors like speed, torque, and power delivery to enhance efficiency, reliability, and energy consumption. For instance, in February 2024, Attron Automotive, an India-based company focused on developing and manufacturing advanced electric motors and controllers for electric vehicles (EVs) and other mobility applications, has launched its new electric motors and controllers at the Bharat Mobility Expo 2024, showcasing the RM14530, RM16070, and RM16045 electric motor series and the CTR072500 controller. These innovative products, featuring high-efficiency and integrated IPM PMSM motors, are designed to enhance the performance, range, and acceleration of EVs while reducing costs and driving sustainability in the electric mobility sector.

Global Electric Motors Market Trend: Significance Of Innovation In Electric Motor Technology

Major companies operating in the electric motor market are focusing developing innovating products, such as the EA 193 Series permanent magnet electric motors, to provide reliable services to customers. The EA 193 Series permanent magnet electric motor is an electrified automation electric motor with 193 Series automated manufacturing technology. In July 2023, Electrified Automation Ltd., a US-based manufacturing technology company, launched the EA 193 Series permanent magnet electric motors. The EA 193 Series permanent magnet electric motor is an electric motor designed for a range of applications, from two-wheel-on-road to industrial. This uses next-generation permanent magnet electric motor technology.

Electric Motors Market Merger And Acquisition: WEG Industries Expands Global Reach With Acquisition Of Volt Electric Motors

In September 2024, WEG Industries, a Brazil-based motors and generators company, acquired Volt Electric Motors for an undisclosed amount. This acquisition will enhance WEG's market presence and product offerings in strategic regions, particularly given Volt's factory in Izmir, which provides logistical advantages with access to major ports. WEG expects the deal to bolster its growth strategy in the industrial motors sector, subject to regulatory approvals. Volt Electric Motors, a Turkish manufacturer of industrial and commercial electric motors.

Regional Outlook For The Global Electric Motors Market

Asia-Pacific was the largest region in the electric motors market in 2024. Western Europe was the second-largest region in the electric motors market. The regions covered in the electric motors market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The countries covered in the electric motors market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada

What Defines the Electric Motors Market?

The electric motors market consists of sales of rotor, bearings, stator, air gap, windings, commutator, and other electric motors. Devices that use electric motors consist of fans, blowers, household appliances, disk drives, batteries and power tools, machine tools, domestic appliances, HVAC applications, electric cars, and automated robots. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

How is Market Value Defined and Measured?

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

What is the Market Assessment and Strategic Outlook for the Electric Motors Industry?

The electric motors market research report is one of a series of new reports from The Business Research Company that provides electric motors market statistics, including electric motors industry global market size, regional shares, competitors with an electric motors market share, detailed electric motors market segments, market trends and opportunities, and any further data you may need to thrive in the electric motors industry. These electric motors market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Electric Motors Market Report Forecast Analysis
Report AttributeDetails
Market Size Value In 2025 $106.51 billion
Revenue Forecast In 2034 $122.66 billion
Growth Rate CAGR of 3.6% from 2025 to 2034
Base Year For Estimation 2024
Actual Estimates/Historical Data 2019-2024
Forecast Period 2025 - 2029 - 2034
Market Representation Revenue in USD Billion and CAGR from 2025 to 2034
Segments Covered 1) By Type: Alternate Current (AC) Motor, Direct Current (AC) Motor, Hermetic Motor
2) By Output Power: Integral Horsepower (IHP), Fractional Horsepower (FHP)
3) By Application: Industrial Machinery, Motor Vehicle, HVAC Equipment, Aerospace And Transportation, Household Appliances, Other Commercial Applications Subsegments: 1) By Alternate Current (AC) Motor: Synchronous AC Motors, Asynchronous (Induction) AC Motors, Single-Phase AC Motors, Three-Phase AC Motors
2) By Direct Current (DC) Motor: Brushed DC Motors, Brushless DC Motors (BLDC), Shunt DC Motors, Series DC Motors, Compound DC Motors
3) By Hermetic Motor: Hermetically Sealed Compressor Motors, Hermetically Sealed Refrigeration Motors
Regional Scope Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Country Scope The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. Additional countries that can be covered in the report are Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled Asea Brown Boveri (ABB) Ltd., ARC Systems Inc, Asmo Co. Ltd., Brook Crompton UK Ltd., Emerson Electric Co., Regal Beloit Corporation, Rockwell Automation Inc., Siemens AG, Ametek Inc., Baldor Electric Company Inc., Allied Motion Technologies Inc., Franklin Electric Co. Inc., Johnson Electric Holdings Limited, Robert Bosch GmbH, Denso Corporation, Toshiba International Corporation, General Electric Company, Nidec Corporation, WEG S.A., Hitachi Ltd., Hyosung Corporation, Danaher Corporation, Teco Electric Machinery & Co., Dr. Fritz Faulhaber GmbH Co. KG, Maxon Motor AG, Mitsubishi Electric, Panasonic, Shandong, Bulher Motor Gmbh, BorgWarner Inc, Continental AG, Schneider Electric SE, Sumitomo Heavy Industries Ltd., Yaskawa Electric Corporation, Zhejiang Founder Motor Co. Ltd., Marathon Electric, Kirloskar Electric Company Limited
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    Table Of Contents

    1. Executive Summary

    2. Electric Motors Market Characteristics

    3. Electric Motors Market Trends And Strategies

    4. Electric Motors Market - Macro Economic Scenario Including The Impact Of Interest Rates, Inflation, Geopolitics And Covid And Recovery On The Market

    5. Global Electric Motors Growth Analysis And Strategic Analysis Framework

    5.1. Global Electric Motors PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)

    5.2. Analysis Of End Use Industries

    5.3. Global Electric Motors Market Growth Rate Analysis

    5.4. Global Electric Motors Historic Market Size and Growth, 2019 - 2024, Value ($ Billion)

    5.5. Global Electric Motors Forecast Market Size and Growth, 2024 - 2029, 2034F, Value ($ Billion)

    5.6. Global Electric Motors Total Addressable Market (TAM)

    6. Electric Motors Market Segmentation

    6.1. Global Electric Motors Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    Alternate Current (AC) Motor

    Direct Current (DC) Motor

    Hermetic Motor

    6.2. Global Electric Motors Market, Segmentation By Output Power, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    Integral Horsepower (IHP)

    Fractional Horsepower (FHP)

    6.3. Global Electric Motors Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    Industrial Machinery

    Motor Vehicle

    HVAC Equipment

    Aerospace And Transportation

    Household Appliances

    Other Commercial Applications

    6.4. Global Electric Motors Market, Sub-Segmentation Of Alternate Current (AC) Motor, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    Synchronous AC Motors

    Asynchronous (Induction) AC Motors

    Single-Phase AC Motors

    Three-Phase AC Motors

    6.5. Global Electric Motors Market, Sub-Segmentation Of Direct Current (DC) Motor, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    Brushed DC Motors

    Brushless DC Motors (BLDC)

    Shunt DC Motors

    Series DC Motors

    Compound DC Motors

    6.6. Global Electric Motors Market, Sub-Segmentation Of Hermetic Motor, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    Hermetically Sealed Compressor Motors

    Hermetically Sealed Refrigeration Motors

    7. Electric Motors Market Regional And Country Analysis

    7.1. Global Electric Motors Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    7.2. Global Electric Motors Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    8. Asia-Pacific Electric Motors Market

    8.1. Asia-Pacific Electric Motors Market Overview

    Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

    8.2. Asia-Pacific Electric Motors Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    8.3. Asia-Pacific Electric Motors Market, Segmentation By Output Power, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    8.4. Asia-Pacific Electric Motors Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    9. China Electric Motors Market

    9.1. China Electric Motors Market Overview

    9.2. China Electric Motors Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

    9.3. China Electric Motors Market, Segmentation By Output Power, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

    9.4. China Electric Motors Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

    10. India Electric Motors Market

    10.1. India Electric Motors Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    10.2. India Electric Motors Market, Segmentation By Output Power, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    10.3. India Electric Motors Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    11. Japan Electric Motors Market

    11.1. Japan Electric Motors Market Overview

    11.2. Japan Electric Motors Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    11.3. Japan Electric Motors Market, Segmentation By Output Power, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    11.4. Japan Electric Motors Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    12. Australia Electric Motors Market

    12.1. Australia Electric Motors Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    12.2. Australia Electric Motors Market, Segmentation By Output Power, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    12.3. Australia Electric Motors Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    13. Indonesia Electric Motors Market

    13.1. Indonesia Electric Motors Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    13.2. Indonesia Electric Motors Market, Segmentation By Output Power, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    13.3. Indonesia Electric Motors Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    14. South Korea Electric Motors Market

    14.1. South Korea Electric Motors Market Overview

    14.2. South Korea Electric Motors Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    14.3. South Korea Electric Motors Market, Segmentation By Output Power, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    14.4. South Korea Electric Motors Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    15. Western Europe Electric Motors Market

    15.1. Western Europe Electric Motors Market Overview

    15.2. Western Europe Electric Motors Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    15.3. Western Europe Electric Motors Market, Segmentation By Output Power, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    15.4. Western Europe Electric Motors Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    16. UK Electric Motors Market

    16.1. UK Electric Motors Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    16.2. UK Electric Motors Market, Segmentation By Output Power, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    16.3. UK Electric Motors Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    17. Germany Electric Motors Market

    17.1. Germany Electric Motors Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    17.2. Germany Electric Motors Market, Segmentation By Output Power, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    17.3. Germany Electric Motors Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    18. France Electric Motors Market

    18.1. France Electric Motors Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    18.2. France Electric Motors Market, Segmentation By Output Power, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    18.3. France Electric Motors Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    19. Italy Electric Motors Market

    19.1. Italy Electric Motors Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    19.2. Italy Electric Motors Market, Segmentation By Output Power, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    19.3. Italy Electric Motors Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    20. Spain Electric Motors Market

    20.1. Spain Electric Motors Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    20.2. Spain Electric Motors Market, Segmentation By Output Power, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    20.3. Spain Electric Motors Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    21. Eastern Europe Electric Motors Market

    21.1. Eastern Europe Electric Motors Market Overview

    21.2. Eastern Europe Electric Motors Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    21.3. Eastern Europe Electric Motors Market, Segmentation By Output Power, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    21.4. Eastern Europe Electric Motors Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    22. Russia Electric Motors Market

    22.1. Russia Electric Motors Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    22.2. Russia Electric Motors Market, Segmentation By Output Power, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    22.3. Russia Electric Motors Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    23. North America Electric Motors Market

    23.1. North America Electric Motors Market Overview

    23.2. North America Electric Motors Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    23.3. North America Electric Motors Market, Segmentation By Output Power, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    23.4. North America Electric Motors Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    24. USA Electric Motors Market

    24.1. USA Electric Motors Market Overview

    24.2. USA Electric Motors Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    24.3. USA Electric Motors Market, Segmentation By Output Power, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    24.4. USA Electric Motors Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    25. Canada Electric Motors Market

    25.1. Canada Electric Motors Market Overview

    25.2. Canada Electric Motors Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    25.3. Canada Electric Motors Market, Segmentation By Output Power, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    25.4. Canada Electric Motors Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    26. South America Electric Motors Market

    26.1. South America Electric Motors Market Overview

    26.2. South America Electric Motors Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    26.3. South America Electric Motors Market, Segmentation By Output Power, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    26.4. South America Electric Motors Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    27. Brazil Electric Motors Market

    27.1. Brazil Electric Motors Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    27.2. Brazil Electric Motors Market, Segmentation By Output Power, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    27.3. Brazil Electric Motors Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    28. Middle East Electric Motors Market

    28.1. Middle East Electric Motors Market Overview

    28.2. Middle East Electric Motors Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    28.3. Middle East Electric Motors Market, Segmentation By Output Power, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    28.4. Middle East Electric Motors Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    29. Africa Electric Motors Market

    29.1. Africa Electric Motors Market Overview

    29.2. Africa Electric Motors Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    29.3. Africa Electric Motors Market, Segmentation By Output Power, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    29.4. Africa Electric Motors Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    30. Electric Motors Market Competitive Landscape And Company Profiles

    30.1. Electric Motors Market Competitive Landscape

    30.2. Electric Motors Market Company Profiles

    30.2.1. Asea Brown Boveri (ABB) Ltd. Overview, Products and Services, Strategy and Financial Analysis

    30.2.2. ARC Systems Inc. Overview, Products and Services, Strategy and Financial Analysis

    30.2.3. Asmo Co. Ltd. Overview, Products and Services, Strategy and Financial Analysis

    30.2.4. Brook Crompton UK Ltd. Overview, Products and Services, Strategy and Financial Analysis

    30.2.5. Emerson Electric Co. Overview, Products and Services, Strategy and Financial Analysis

    31. Electric Motors Market Other Major And Innovative Companies

    31.1. Regal Beloit Corporation

    31.2. Rockwell Automation Inc.

    31.3. Siemens AG

    31.4. Ametek Inc.

    31.5. Baldor Electric Company Inc.

    31.6. Allied Motion Technologies Inc.

    31.7. Franklin Electric Co. Inc.

    31.8. Johnson Electric Holdings Limited

    31.9. Robert Bosch GmbH

    31.10. Denso Corporation

    31.11. Toshiba International Corporation

    31.12. General Electric Company

    31.13. Nidec Corporation

    31.14. WEG S.A.

    31.15. Hitachi Ltd.

    32. Global Electric Motors Market Competitive Benchmarking And Dashboard

    33. Key Mergers And Acquisitions In The Electric Motors Market

    34. Recent Developments In The Electric Motors Market

    35. Electric Motors Market High Potential Countries, Segments and Strategies

    35.1 Electric Motors Market In 2029 - Countries Offering Most New Opportunities

    35.2 Electric Motors Market In 2029 - Segments Offering Most New Opportunities

    35.3 Electric Motors Market In 2029 - Growth Strategies

    35.3.1 Market Trend Based Strategies

    35.3.2 Competitor Strategies

    36. Appendix

    36.1. Abbreviations

    36.2. Currencies

    36.3. Historic And Forecast Inflation Rates

    36.4. Research Inquiries

    36.5. The Business Research Company

    36.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2019-2024, $ Billion
  • Table 2: Global Forecast Market Growth, 2024-2029F, 2034F, $ Billion
  • Table 3: Global Electric Motors Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 4: Global Electric Motors Market, Segmentation By Output Power, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 5: Global Electric Motors Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 6: Global Electric Motors Market, Sub-Segmentation Of Alternate Current (AC) Motor, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 7: Global Electric Motors Market, Sub-Segmentation Of Direct Current (DC) Motor, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 8: Global Electric Motors Market, Sub-Segmentation Of Hermetic Motor, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 9: Global Electric Motors Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 10: Global Electric Motors Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 11: Asia-Pacific, Electric Motors Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 12: Asia-Pacific, Electric Motors Market, Segmentation By Output Power, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 13: Asia-Pacific, Electric Motors Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 14: China, Electric Motors Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 15: China, Electric Motors Market, Segmentation By Output Power, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 16: China, Electric Motors Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 17: India, Electric Motors Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 18: India, Electric Motors Market, Segmentation By Output Power, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 19: India, Electric Motors Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 20: Japan, Electric Motors Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 21: Japan, Electric Motors Market, Segmentation By Output Power, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 22: Japan, Electric Motors Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 23: Australia, Electric Motors Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 24: Australia, Electric Motors Market, Segmentation By Output Power, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 25: Australia, Electric Motors Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 26: Indonesia, Electric Motors Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 27: Indonesia, Electric Motors Market, Segmentation By Output Power, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 28: Indonesia, Electric Motors Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 29: South Korea, Electric Motors Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 30: South Korea, Electric Motors Market, Segmentation By Output Power, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 31: South Korea, Electric Motors Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 32: Western Europe, Electric Motors Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 33: Western Europe, Electric Motors Market, Segmentation By Output Power, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 34: Western Europe, Electric Motors Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 35: UK, Electric Motors Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 36: UK, Electric Motors Market, Segmentation By Output Power, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 37: UK, Electric Motors Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 38: Germany, Electric Motors Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 39: Germany, Electric Motors Market, Segmentation By Output Power, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 40: Germany, Electric Motors Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 41: France, Electric Motors Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 42: France, Electric Motors Market, Segmentation By Output Power, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 43: France, Electric Motors Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 44: Italy, Electric Motors Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 45: Italy, Electric Motors Market, Segmentation By Output Power, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 46: Italy, Electric Motors Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 47: Spain, Electric Motors Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 48: Spain, Electric Motors Market, Segmentation By Output Power, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 49: Spain, Electric Motors Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 50: Eastern Europe, Electric Motors Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 51: Eastern Europe, Electric Motors Market, Segmentation By Output Power, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 52: Eastern Europe, Electric Motors Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 53: Russia, Electric Motors Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 54: Russia, Electric Motors Market, Segmentation By Output Power, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 55: Russia, Electric Motors Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 56: North America, Electric Motors Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 57: North America, Electric Motors Market, Segmentation By Output Power, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 58: North America, Electric Motors Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 59: USA, Electric Motors Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 60: USA, Electric Motors Market, Segmentation By Output Power, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 61: USA, Electric Motors Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 62: Canada, Electric Motors Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 63: Canada, Electric Motors Market, Segmentation By Output Power, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 64: Canada, Electric Motors Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 65: South America, Electric Motors Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 66: South America, Electric Motors Market, Segmentation By Output Power, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 67: South America, Electric Motors Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 68: Brazil, Electric Motors Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 69: Brazil, Electric Motors Market, Segmentation By Output Power, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 70: Brazil, Electric Motors Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 71: Middle East, Electric Motors Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 72: Middle East, Electric Motors Market, Segmentation By Output Power, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 73: Middle East, Electric Motors Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 74: Africa, Electric Motors Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 75: Africa, Electric Motors Market, Segmentation By Output Power, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 76: Africa, Electric Motors Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 77: Asea Brown Boveri (ABB) Ltd. Financial Performance
  • Table 78: ARC Systems Inc. Financial Performance
  • Table 79: Asmo Co. Ltd. Financial Performance
  • Table 80: Brook Crompton UK Ltd. Financial Performance
  • Table 81: Emerson Electric Co. Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2019-2024, $ Billion
  • Figure 2: Global Forecast Market Growth, 2024-2029F, 2034F, $ Billion
  • Figure 3: Global Electric Motors Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 4: Global Electric Motors Market, Segmentation By Output Power, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 5: Global Electric Motors Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 6: Global Electric Motors Market, Sub-Segmentation Of Alternate Current (AC) Motor, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 7: Global Electric Motors Market, Sub-Segmentation Of Direct Current (DC) Motor, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 8: Global Electric Motors Market, Sub-Segmentation Of Hermetic Motor, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 9: Global Electric Motors Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 10: Global Electric Motors Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 11: Asia-Pacific, Electric Motors Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 12: Asia-Pacific, Electric Motors Market, Segmentation By Output Power, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 13: Asia-Pacific, Electric Motors Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 14: China, Electric Motors Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 15: China, Electric Motors Market, Segmentation By Output Power, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 16: China, Electric Motors Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 17: India, Electric Motors Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 18: India, Electric Motors Market, Segmentation By Output Power, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 19: India, Electric Motors Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 20: Japan, Electric Motors Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 21: Japan, Electric Motors Market, Segmentation By Output Power, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 22: Japan, Electric Motors Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 23: Australia, Electric Motors Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 24: Australia, Electric Motors Market, Segmentation By Output Power, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 25: Australia, Electric Motors Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 26: Indonesia, Electric Motors Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 27: Indonesia, Electric Motors Market, Segmentation By Output Power, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 28: Indonesia, Electric Motors Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 29: South Korea, Electric Motors Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 30: South Korea, Electric Motors Market, Segmentation By Output Power, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 31: South Korea, Electric Motors Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 32: Western Europe, Electric Motors Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 33: Western Europe, Electric Motors Market, Segmentation By Output Power, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 34: Western Europe, Electric Motors Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 35: UK, Electric Motors Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 36: UK, Electric Motors Market, Segmentation By Output Power, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 37: UK, Electric Motors Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 38: Germany, Electric Motors Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 39: Germany, Electric Motors Market, Segmentation By Output Power, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 40: Germany, Electric Motors Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 41: France, Electric Motors Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 42: France, Electric Motors Market, Segmentation By Output Power, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 43: France, Electric Motors Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 44: Italy, Electric Motors Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 45: Italy, Electric Motors Market, Segmentation By Output Power, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 46: Italy, Electric Motors Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 47: Spain, Electric Motors Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 48: Spain, Electric Motors Market, Segmentation By Output Power, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 49: Spain, Electric Motors Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 50: Eastern Europe, Electric Motors Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 51: Eastern Europe, Electric Motors Market, Segmentation By Output Power, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 52: Eastern Europe, Electric Motors Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 53: Russia, Electric Motors Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 54: Russia, Electric Motors Market, Segmentation By Output Power, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 55: Russia, Electric Motors Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 56: North America, Electric Motors Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 57: North America, Electric Motors Market, Segmentation By Output Power, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 58: North America, Electric Motors Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 59: USA, Electric Motors Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 60: USA, Electric Motors Market, Segmentation By Output Power, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 61: USA, Electric Motors Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 62: Canada, Electric Motors Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 63: Canada, Electric Motors Market, Segmentation By Output Power, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 64: Canada, Electric Motors Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 65: South America, Electric Motors Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 66: South America, Electric Motors Market, Segmentation By Output Power, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 67: South America, Electric Motors Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 68: Brazil, Electric Motors Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 69: Brazil, Electric Motors Market, Segmentation By Output Power, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 70: Brazil, Electric Motors Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 71: Middle East, Electric Motors Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 72: Middle East, Electric Motors Market, Segmentation By Output Power, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 73: Middle East, Electric Motors Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 74: Africa, Electric Motors Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 75: Africa, Electric Motors Market, Segmentation By Output Power, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 76: Africa, Electric Motors Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 77: Asea Brown Boveri (ABB) Ltd. Financial Performance
  • Figure 78: ARC Systems Inc. Financial Performance
  • Figure 79: Asmo Co. Ltd. Financial Performance
  • Figure 80: Brook Crompton UK Ltd. Financial Performance
  • Figure 81: Emerson Electric Co. Financial Performance

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Frequently Asked Questions

What is the definition of the Electric Motors market?

The electric motor is defined as an electric machine that converts electrical energy into mechanical energy and supplies power to the devices. It works on the principles of electromagnetism with properties such as durability, high efficiency, low energy consumption, and low maintenance. For further insights on the Electric Motors market, request a sample here

How will the Electric Motors market drivers and restraints affect the market dynamics? What forces will shape the Electric Motors industry going forward?

The Electric Motors market major growth driver - Increasing Demand For Electricity Supply And Its Significance In The Electric Motors Market. For further insights on the Electric Motors market, request a sample here

What is the forecast market size or the forecast market value of the Electric Motors market?

The Electric Motors market size has grown strongly in recent years. The electric motors market size has grown steadily in recent years. It will grow from $102 billion in 2024 to $106.51 billion in 2025 at a compound annual growth rate (CAGR) of 4.4%. The growth in the historic period can be attributed to industrial revolution, electrification of industries, transportation and automotive industry, consumer appliances and home automation. The electric motors market size is expected to see steady growth in the next few years. It will grow to $122.66 billion in 2029 at a compound annual growth rate (CAGR) of 3.6%. The growth in the forecast period can be attributed to electrification of transportation, industrial automation, renewable energy, energy efficiency regulation, iot and smart systems. Major trends in the forecast period include high-efficiency motors, miniaturization, sensor integration, sustainable materials, customization and modular design. For further insights on the Electric Motors market, request a sample here

How is the Electric Motors market segmented?

The electric motors market covered in this report is segmented –
1) By Type: Alternate Current (AC) Motor, Direct Current (AC) Motor, Hermetic Motor
2) By Output Power: Integral Horsepower (IHP), Fractional Horsepower (FHP)
3) By Application: Industrial Machinery, Motor Vehicle, HVAC Equipment, Aerospace And Transportation, Household Appliances, Other Commercial Applications
Subsegments:
1) By Alternate Current (AC) Motor: Synchronous AC Motors, Asynchronous (Induction) AC Motors, Single-Phase AC Motors, Three-Phase AC Motors
2) By Direct Current (DC) Motor: Brushed DC Motors, Brushless DC Motors (BLDC), Shunt DC Motors, Series DC Motors, Compound DC Motors
3) By Hermetic Motor: Hermetically Sealed Compressor Motors, Hermetically Sealed Refrigeration Motors For further insights on the Electric Motors market, request a sample here

Which region has the largest share of the Electric Motors market? What are the other regions covered in the report?

Asia-Pacific was the largest region in the electric motors market in 2023. Western Europe was the second-largest region in the electric motors market. The regions covered in the electric motors market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa For further insights on the Electric Motors market, request a sample here.

Who are the major players in the Electric Motors market?

Major companies operating in the electric motors market include Asea Brown Boveri (ABB) Ltd., ARC Systems Inc, Asmo Co. Ltd., Brook Crompton UK Ltd., Emerson Electric Co., Regal Beloit Corporation, Rockwell Automation Inc., Siemens AG, Ametek Inc., Baldor Electric Company Inc., Allied Motion Technologies Inc., Franklin Electric Co. Inc., Johnson Electric Holdings Limited, Robert Bosch GmbH, Denso Corporation, Toshiba International Corporation, General Electric Company, Nidec Corporation, WEG S.A., Hitachi Ltd., Hyosung Corporation, Danaher Corporation, Teco Electric Machinery & Co., Dr. Fritz Faulhaber GmbH Co. KG, Maxon Motor AG, Mitsubishi Electric, Panasonic, Shandong, Bulher Motor Gmbh, BorgWarner Inc, Continental AG, Schneider Electric SE, Sumitomo Heavy Industries Ltd., Yaskawa Electric Corporation, Zhejiang Founder Motor Co. Ltd., Marathon Electric, Kirloskar Electric Company Limited. For further insights on the Electric Motors market, request a sample here.

What are the key trends in the Electric Motors market?

Major trends in the Electric Motors market include Significance Of Innovation In Electric Motor Technology. For further insights on the Electric Motors market, request a sample here.

What are the major opportunities in the Electric Motors market? What are the strategies for the Electric Motors market?

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How does the Electric Motors market relate to the overall economy and other similar markets?

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What are the latest mergers and acquisitions in the Electric Motors industry?

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What are the key dynamics influencing the Electric Motors market growth? SWOT analysis of the Electric Motors market.

For detailed insights on the key dynamics influencing the Electric Motors market growth and SWOT analysis of the Electric Motors industry, request a sample here.