Global Energy Efficient Motor Market Report 2024

Energy Efficient Motor Global Market Report 2024 – By Type (Super Premium-IE4, Premium-IE3, High-IE2, Standard-IE1), By Application (Pumps, Fans, Compressed Air, Refrigeration, Material Handling, Material Processing), By End User (Industrial, Commercial, Residential, Agriculture, Other End Users) – Market Size, Trends, And Global Forecast 2024-2033

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Energy Efficient Motor Market Definition And Segments

Energy-efficient motors refer to electric motors designed to achieve higher efficiency in converting electrical energy into mechanical power output. These motors are constructed with improved design, materials, and manufacturing techniques, enabling them to accomplish more work per unit of electricity consumed.

The main types of energy efficient motors are super premium-IE4, premium-IE3, high-IE2, and standard-IE1. Super premium-IE4 refers to a classification of energy-efficient electric motors that adhere to specific international efficiency standards. These are used in various applications such as pumps, fans, compressed air, refrigeration, material handling, and material processing and are widely used by several end users, including industrial, commercial, residential, agricultural, and others.

The energy efficient motor market covered in this report is segmented –

1) By Type: Super Premium-IE4, Premium-IE3, High-IE2, Standard-IE1

2) By Application: Pumps, Fans, Compressed Air, Refrigeration, Material Handling, Material Processing

3) By End User: Industrial, Commercial, Residential, Agriculture, Other End Users

The energy efficient motor market size has grown strongly in recent years. It will grow from $39.17 billion in 2023 to $42.60 billion in 2024 at a compound annual growth rate (CAGR) of 8.8%. The growth in the historic period can be attributed to environmental regulations and sustainability initiatives, increasing the demand for energy-efficient solutions, the increasing price of the electricity, lower life cycle costs than traditional motors, measures to reduce carbon emissions and advance industrialization.

The energy efficient motor market size is expected to see strong growth in the next few years. It will grow to $57.10 billion in 2028 at a compound annual growth rate (CAGR) of 7.6%. The growth in the forecast period can be attributed to increasing industrial automation, the rising need to reduce greenhouse gas emissions, growing awareness regarding sustainability and corporate social responsibility, government initiatives encouraging adoption of energy efficient motors, cost savings and return on investment. Major trends in the forecast period include product innovations, strategic partnerships, and technological advancements.

Industrial Automation's Impact On The Energy-Efficient Motor Market

The increasing demand for industrial automation is expected to propel the growth of the energy efficient motor market going forward. Industrial automation is the use of control systems, computers, robots, and information technologies to handle various processes and machinery in an industry and replace human labor. Energy-efficient motors in industrial automation enhance overall system efficiency, reduce energy consumption, and contribute to sustainable operations by optimizing power usage and minimizing waste. For instance, in December 2023, according to Eurostat, a Luxembourg-based government agency, 8% of EU enterprises utilized artificial intelligence technologies, with 28% of large enterprises using them. AI (artificial intelligence) was most utilized in the information and communication sector, with 53% purchasing ready-to-use commercial software or systems in 2021. Therefore, increasing industrial automation is driving the growth of the energy-efficient motor market.

Major companies operating in the energy efficient motor market are Siemens AG, General Electric Company, Mitsubishi Electric Corporation, Schneider Electric SE, Honeywell International Inc., ABB Ltd., Johnson Controls Inc., Nidec Corporation, Emerson Electric Company, Rockwell Automation Inc., Microchip Technology Inc., Bosch Rexroth AG, WEG Equipamentos Eletricos SA, Wolong Electric Group Co. Ltd., Havells India Ltd., CG Power and Industrial Solutions Ltd., Crompton Greaves Consumer Electricals Limited, Bharat Bijlee Limited, Marathon Electric India Pvt. Ltd., Elin Electronics Limited, Toshiba International Corporation Pty Ltd., Kirloskar Electric Company Ltd., Brook Crompton Greaves Limited, Integrated Electric Co. Pvt. Ltd., Regal Beloit Corporation, Elektrim Motors, Shanghai Top Motor Co.Ltd., Hoyer Motors, Baldor Electric Company

Gate-Driver ICs Pioneering Efficiency In Energy Efficient Motors

Major companies operating in the energy efficient motor market are developing innovative solutions, such as gate-driver ICs (Integrated Circuits), to help minimize power dissipation. A gate-driver IC is a power amplifier that accepts a low-power input from a controller IC and produces a high-current drive input for the gate of a high-power switch. For instance, in February 2023, Toshiba Electronic Devices & Storage Corporation, a Japan-based company that develops semiconductor technologies, launched the TB9083FTG gate-driver IC for automotive brushless DC (direct current) motors, which is designed for use in automotive applications such as electric brakes, electric power steering, and shift-by-wire, which aligns with the technology sector's focus on innovation and technological advancements. This product controls and drives external N-channel power MOSFETs (Metal-Oxide-Semiconductor Field-Effect Transistors) for driving a three-phase brushless DC motor, making it an essential component in the automotive industry's transition towards electric vehicles.

ABB Ltd. Bolsters Industrial Dominance With Acquisition Of Siemens AG Motor Business

In May 2023, ABB Ltd., a Switzerland-based technology company in electrification and automation acquired a low-voltage NEMA motor business from Siemens AG for an undisclosed amount. The acquisition aims to strengthen ABB's position as an industrial NEMA motor manufacturer and provide a stronger platform to better serve its customers. Siemens AG is a Germany-based technology company that manufactures energy-efficient motors, including those designated as Super Premium Efficiency (IE4) motors.

North America was the largest region in the energy efficient motor market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the energy efficient motor market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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

The energy-efficient motors market consists of sales of eco drive energy-saving motors, green motion efficient motors, power saver eco-motors, energy smart drive motors, econodrive electric motors, eco power efficient motors, smart drive energy-efficient motors, eco boost motors, power max eco-motors, and energy guard motors. 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.

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.

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

Energy Efficient Motor Market Report Scope
Report AttributeDetails
Market Size Value In 2024 $42.60 billion
Revenue Forecast In 2033 $57.10 billion
Growth Rate CAGR of 7.6% from 2024 to 2033
Base Year For Estimation 2023
Actual Estimates/Historical Data 2018-2023
Forecast Period 2024 - 2028 - 2033
Market Representation Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered 1) By Type: Super Premium-IE4, Premium-IE3, High-IE2, Standard-IE1
2) By Application: Pumps, Fans, Compressed Air, Refrigeration, Material Handling, Material Processing
3) By End User: Industrial, Commercial, Residential, Agriculture, Other End Users
Regional Scope Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Country Scope Australia; China; India; Indonesia; Japan; South Korea; Bangladesh; Thailand; Vietnam; Malaysia; Singapore; Philippines; Hong Kong; New Zealand; USA; Canada; Mexico; Brazil; Chile; Argentina; Colombia; Peru; France; Germany; UK; Austria; Belgium; Denmark; Finland; Ireland; Italy; Netherlands; Norway; Portugal; Spain; Sweden; Switzerland; Russia; Czech Republic; Poland; Romania; Ukraine; Saudi Arabia; Israel; Iran; Turkey; UAE; Egypt; Nigeria; South Africa
Key Companies Profiled Siemens AG; General Electric Company; Mitsubishi Electric Corporation; Schneider Electric SE; Honeywell International Inc.; ABB Ltd.; Johnson Controls Inc.; Nidec Corporation; Emerson Electric Company; Rockwell Automation Inc.; Microchip Technology Inc.; Bosch Rexroth AG; WEG Equipamentos Eletricos SA; Wolong Electric Group Co. Ltd.; Havells India Ltd.; CG Power and Industrial Solutions Ltd.; Crompton Greaves Consumer Electricals Limited; Bharat Bijlee Limited; Marathon Electric India Pvt. Ltd.; Elin Electronics Limited; Toshiba International Corporation Pty Ltd.; Kirloskar Electric Company Ltd.; Brook Crompton Greaves Limited; Integrated Electric Co. Pvt. Ltd.; Regal Beloit Corporation; Elektrim Motors; Shanghai Top Motor Co.Ltd.; Hoyer Motors; Baldor Electric Company
Customization ScopeRequest for Sample
Pricing And Purchase OptionsExplore Purchase Options

    Table Of Contents

    1. Executive Summary

    2. Energy Efficient Motor Market Characteristics

    3. Energy Efficient Motor Market Trends And Strategies

    4. Energy Efficient Motor Market - Macro Economic Scenario

    4.1. Impact Of High Inflation On The Market

    4.2. Ukraine-Russia War Impact On The Market

    4.3. COVID-19 Impact On The Market

    5. Global Energy Efficient Motor Market Size and Growth

    5.1. Global Energy Efficient Motor Market Drivers and Restraints

    5.1.1. Drivers Of The Market

    5.1.2. Restraints Of The Market

    5.2. Global Energy Efficient Motor Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

    5.3. Global Energy Efficient Motor Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

    6. Energy Efficient Motor Market Segmentation

    6.1. Global Energy Efficient Motor Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Super Premium-IE4

    Premium-IE3

    High-IE2

    Standard-IE1

    6.2. Global Energy Efficient Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Pumps

    Fans

    Compressed Air

    Refrigeration

    Material Handling

    Material Processing

    6.3. Global Energy Efficient Motor Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Industrial

    Commercial

    Residential

    Agriculture

    Other End Users

    7. Energy Efficient Motor Market Regional And Country Analysis

    7.1. Global Energy Efficient Motor Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    7.2. Global Energy Efficient Motor Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8. Asia-Pacific Energy Efficient Motor Market

    8.1. Asia-Pacific Energy Efficient Motor Market Overview

    Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

    8.2. Asia-Pacific Energy Efficient Motor Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.3. Asia-Pacific Energy Efficient Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.4. Asia-Pacific Energy Efficient Motor Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    9. China Energy Efficient Motor Market

    9.1. China Energy Efficient Motor Market Overview

    9.2. China Energy Efficient Motor Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.3. China Energy Efficient Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.4. China Energy Efficient Motor Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    10. India Energy Efficient Motor Market

    10.1. India Energy Efficient Motor Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.2. India Energy Efficient Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.3. India Energy Efficient Motor Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11. Japan Energy Efficient Motor Market

    11.1. Japan Energy Efficient Motor Market Overview

    11.2. Japan Energy Efficient Motor Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.3. Japan Energy Efficient Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.4. Japan Energy Efficient Motor Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12. Australia Energy Efficient Motor Market

    12.1. Australia Energy Efficient Motor Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.2. Australia Energy Efficient Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.3. Australia Energy Efficient Motor Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13. Indonesia Energy Efficient Motor Market

    13.1. Indonesia Energy Efficient Motor Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.2. Indonesia Energy Efficient Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.3. Indonesia Energy Efficient Motor Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14. South Korea Energy Efficient Motor Market

    14.1. South Korea Energy Efficient Motor Market Overview

    14.2. South Korea Energy Efficient Motor Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.3. South Korea Energy Efficient Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.4. South Korea Energy Efficient Motor Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15. Western Europe Energy Efficient Motor Market

    15.1. Western Europe Energy Efficient Motor Market Overview

    15.2. Western Europe Energy Efficient Motor Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.3. Western Europe Energy Efficient Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.4. Western Europe Energy Efficient Motor Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16. UK Energy Efficient Motor Market

    16.1. UK Energy Efficient Motor Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.2. UK Energy Efficient Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.3. UK Energy Efficient Motor Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17. Germany Energy Efficient Motor Market

    17.1. Germany Energy Efficient Motor Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.2. Germany Energy Efficient Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.3. Germany Energy Efficient Motor Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18. France Energy Efficient Motor Market

    18.1. France Energy Efficient Motor Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.2. France Energy Efficient Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.3. France Energy Efficient Motor Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19. Italy Energy Efficient Motor Market

    19.1. Italy Energy Efficient Motor Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.2. Italy Energy Efficient Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.3. Italy Energy Efficient Motor Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20. Spain Energy Efficient Motor Market

    20.1. Spain Energy Efficient Motor Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.2. Spain Energy Efficient Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.3. Spain Energy Efficient Motor Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21. Eastern Europe Energy Efficient Motor Market

    21.1. Eastern Europe Energy Efficient Motor Market Overview

    21.2. Eastern Europe Energy Efficient Motor Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.3. Eastern Europe Energy Efficient Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.4. Eastern Europe Energy Efficient Motor Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22. Russia Energy Efficient Motor Market

    22.1. Russia Energy Efficient Motor Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.2. Russia Energy Efficient Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.3. Russia Energy Efficient Motor Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23. North America Energy Efficient Motor Market

    23.1. North America Energy Efficient Motor Market Overview

    23.2. North America Energy Efficient Motor Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.3. North America Energy Efficient Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.4. North America Energy Efficient Motor Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24. USA Energy Efficient Motor Market

    24.1. USA Energy Efficient Motor Market Overview

    24.2. USA Energy Efficient Motor Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.3. USA Energy Efficient Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.4. USA Energy Efficient Motor Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25. Canada Energy Efficient Motor Market

    25.1. Canada Energy Efficient Motor Market Overview

    25.2. Canada Energy Efficient Motor Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.3. Canada Energy Efficient Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.4. Canada Energy Efficient Motor Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26. South America Energy Efficient Motor Market

    26.1. South America Energy Efficient Motor Market Overview

    26.2. South America Energy Efficient Motor Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.3. South America Energy Efficient Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.4. South America Energy Efficient Motor Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27. Brazil Energy Efficient Motor Market

    27.1. Brazil Energy Efficient Motor Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.2. Brazil Energy Efficient Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.3. Brazil Energy Efficient Motor Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28. Middle East Energy Efficient Motor Market

    28.1. Middle East Energy Efficient Motor Market Overview

    28.2. Middle East Energy Efficient Motor Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.3. Middle East Energy Efficient Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.4. Middle East Energy Efficient Motor Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29. Africa Energy Efficient Motor Market

    29.1. Africa Energy Efficient Motor Market Overview

    29.2. Africa Energy Efficient Motor Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.3. Africa Energy Efficient Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.4. Africa Energy Efficient Motor Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    30. Energy Efficient Motor Market Competitive Landscape And Company Profiles

    30.1. Energy Efficient Motor Market Competitive Landscape

    30.2. Energy Efficient Motor Market Company Profiles

    30.2.1. Siemens AG

    30.2.1.1. Overview

    30.2.1.2. Products and Services

    30.2.1.3. Strategy

    30.2.1.4. Financial Performance

    30.2.2. General Electric Company

    30.2.2.1. Overview

    30.2.2.2. Products and Services

    30.2.2.3. Strategy

    30.2.2.4. Financial Performance

    30.2.3. Mitsubishi Electric Corporation

    30.2.3.1. Overview

    30.2.3.2. Products and Services

    30.2.3.3. Strategy

    30.2.3.4. Financial Performance

    30.2.4. Schneider Electric SE

    30.2.4.1. Overview

    30.2.4.2. Products and Services

    30.2.4.3. Strategy

    30.2.4.4. Financial Performance

    30.2.5. Honeywell International Inc.

    30.2.5.1. Overview

    30.2.5.2. Products and Services

    30.2.5.3. Strategy

    30.2.5.4. Financial Performance

    31. Energy Efficient Motor Market Other Major And Innovative Companies

    31.1. ABB Ltd.

    31.2. Johnson Controls Inc.

    31.3. Nidec Corporation

    31.4. Emerson Electric Company

    31.5. Rockwell Automation Inc.

    31.6. Microchip Technology Inc.

    31.7. Bosch Rexroth AG

    31.8. WEG Equipamentos Eletricos SA

    31.9. Wolong Electric Group Co. Ltd.

    31.10. Havells India Ltd.

    31.11. CG Power and Industrial Solutions Ltd.

    31.12. Crompton Greaves Consumer Electricals Limited

    31.13. Bharat Bijlee Limited

    31.14. Marathon Electric India Pvt. Ltd.

    31.15. Elin Electronics Limited

    32. Global Energy Efficient Motor Market Competitive Benchmarking

    33. Global Energy Efficient Motor Market Competitive Dashboard

    34. Key Mergers And Acquisitions In The Energy Efficient Motor Market

    35. Energy Efficient Motor Market Future Outlook and Potential Analysis

    35.1 Energy Efficient Motor Market In 2028 - Countries Offering Most New Opportunities

    35.2 Energy Efficient Motor Market In 2028 - Segments Offering Most New Opportunities

    35.3 Energy Efficient Motor Market In 2028 - 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, 2018-2023, $ Billion
  • Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 3: Global Energy Efficient Motor Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 4: Global Energy Efficient Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 5: Global Energy Efficient Motor Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 6: Global Energy Efficient Motor Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 7: Global Energy Efficient Motor Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 8: Asia-Pacific, Energy Efficient Motor Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 9: Asia-Pacific, Energy Efficient Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 10: Asia-Pacific, Energy Efficient Motor Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 11: China, Energy Efficient Motor Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 12: China, Energy Efficient Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 13: China, Energy Efficient Motor Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 14: India, Energy Efficient Motor Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 15: India, Energy Efficient Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 16: India, Energy Efficient Motor Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 17: Japan, Energy Efficient Motor Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 18: Japan, Energy Efficient Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 19: Japan, Energy Efficient Motor Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 20: Australia, Energy Efficient Motor Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 21: Australia, Energy Efficient Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 22: Australia, Energy Efficient Motor Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 23: Indonesia, Energy Efficient Motor Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 24: Indonesia, Energy Efficient Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 25: Indonesia, Energy Efficient Motor Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 26: South Korea, Energy Efficient Motor Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 27: South Korea, Energy Efficient Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 28: South Korea, Energy Efficient Motor Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 29: Western Europe, Energy Efficient Motor Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 30: Western Europe, Energy Efficient Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 31: Western Europe, Energy Efficient Motor Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 32: UK, Energy Efficient Motor Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 33: UK, Energy Efficient Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 34: UK, Energy Efficient Motor Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 35: Germany, Energy Efficient Motor Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 36: Germany, Energy Efficient Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 37: Germany, Energy Efficient Motor Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 38: France, Energy Efficient Motor Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 39: France, Energy Efficient Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 40: France, Energy Efficient Motor Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 41: Italy, Energy Efficient Motor Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 42: Italy, Energy Efficient Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 43: Italy, Energy Efficient Motor Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 44: Spain, Energy Efficient Motor Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 45: Spain, Energy Efficient Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 46: Spain, Energy Efficient Motor Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 47: Eastern Europe, Energy Efficient Motor Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 48: Eastern Europe, Energy Efficient Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 49: Eastern Europe, Energy Efficient Motor Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 50: Russia, Energy Efficient Motor Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 51: Russia, Energy Efficient Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 52: Russia, Energy Efficient Motor Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 53: North America, Energy Efficient Motor Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 54: North America, Energy Efficient Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 55: North America, Energy Efficient Motor Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 56: USA, Energy Efficient Motor Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 57: USA, Energy Efficient Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 58: USA, Energy Efficient Motor Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 59: Canada, Energy Efficient Motor Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 60: Canada, Energy Efficient Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 61: Canada, Energy Efficient Motor Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 62: South America, Energy Efficient Motor Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 63: South America, Energy Efficient Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 64: South America, Energy Efficient Motor Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 65: Brazil, Energy Efficient Motor Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 66: Brazil, Energy Efficient Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 67: Brazil, Energy Efficient Motor Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 68: Middle East, Energy Efficient Motor Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 69: Middle East, Energy Efficient Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 70: Middle East, Energy Efficient Motor Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 71: Africa, Energy Efficient Motor Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 72: Africa, Energy Efficient Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 73: Africa, Energy Efficient Motor Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 74: Siemens AG Financial Performance
  • Table 75: General Electric Company Financial Performance
  • Table 76: Mitsubishi Electric Corporation Financial Performance
  • Table 77: Schneider Electric SE Financial Performance
  • Table 78: Honeywell International Inc. Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 3: Global Energy Efficient Motor Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 4: Global Energy Efficient Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 5: Global Energy Efficient Motor Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 6: Global Energy Efficient Motor Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 7: Global Energy Efficient Motor Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 8: Asia-Pacific, Energy Efficient Motor Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 9: Asia-Pacific, Energy Efficient Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 10: Asia-Pacific, Energy Efficient Motor Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 11: China, Energy Efficient Motor Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 12: China, Energy Efficient Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 13: China, Energy Efficient Motor Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 14: India, Energy Efficient Motor Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 15: India, Energy Efficient Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 16: India, Energy Efficient Motor Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 17: Japan, Energy Efficient Motor Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 18: Japan, Energy Efficient Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 19: Japan, Energy Efficient Motor Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 20: Australia, Energy Efficient Motor Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 21: Australia, Energy Efficient Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 22: Australia, Energy Efficient Motor Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 23: Indonesia, Energy Efficient Motor Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 24: Indonesia, Energy Efficient Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 25: Indonesia, Energy Efficient Motor Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 26: South Korea, Energy Efficient Motor Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 27: South Korea, Energy Efficient Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 28: South Korea, Energy Efficient Motor Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 29: Western Europe, Energy Efficient Motor Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 30: Western Europe, Energy Efficient Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 31: Western Europe, Energy Efficient Motor Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 32: UK, Energy Efficient Motor Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 33: UK, Energy Efficient Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 34: UK, Energy Efficient Motor Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 35: Germany, Energy Efficient Motor Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 36: Germany, Energy Efficient Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 37: Germany, Energy Efficient Motor Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 38: France, Energy Efficient Motor Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 39: France, Energy Efficient Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 40: France, Energy Efficient Motor Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 41: Italy, Energy Efficient Motor Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 42: Italy, Energy Efficient Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 43: Italy, Energy Efficient Motor Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 44: Spain, Energy Efficient Motor Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 45: Spain, Energy Efficient Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 46: Spain, Energy Efficient Motor Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 47: Eastern Europe, Energy Efficient Motor Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 48: Eastern Europe, Energy Efficient Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 49: Eastern Europe, Energy Efficient Motor Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 50: Russia, Energy Efficient Motor Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 51: Russia, Energy Efficient Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 52: Russia, Energy Efficient Motor Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 53: North America, Energy Efficient Motor Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 54: North America, Energy Efficient Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 55: North America, Energy Efficient Motor Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 56: USA, Energy Efficient Motor Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 57: USA, Energy Efficient Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 58: USA, Energy Efficient Motor Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 59: Canada, Energy Efficient Motor Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 60: Canada, Energy Efficient Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 61: Canada, Energy Efficient Motor Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 62: South America, Energy Efficient Motor Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 63: South America, Energy Efficient Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 64: South America, Energy Efficient Motor Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 65: Brazil, Energy Efficient Motor Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 66: Brazil, Energy Efficient Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 67: Brazil, Energy Efficient Motor Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 68: Middle East, Energy Efficient Motor Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 69: Middle East, Energy Efficient Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 70: Middle East, Energy Efficient Motor Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 71: Africa, Energy Efficient Motor Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 72: Africa, Energy Efficient Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 73: Africa, Energy Efficient Motor Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 74: Siemens AG Financial Performance
  • Figure 75: General Electric Company Financial Performance
  • Figure 76: Mitsubishi Electric Corporation Financial Performance
  • Figure 77: Schneider Electric SE Financial Performance
  • Figure 78: Honeywell International Inc. Financial Performance
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Frequently Asked Questions

What is the definition of the energy efficient motor market?

Energy-efficient motors refer to electric motors designed to achieve higher efficiency in converting electrical energy into mechanical power output. These motors are constructed with improved design, materials, and manufacturing techniques, enabling them to accomplish more work per unit of electricity consumed. For further insights on the energy efficient motor market, request a sample here

How will the energy efficient motor market drivers and restraints affect the energy efficient motor market dynamics? What forces will shape the energy efficient motor industry going forward?

The energy efficient motor market major growth driver - Industrial Automation's Impact On The Energy-Efficient Motor Market. For further insights on the energy efficient motor market, request a sample here

What is the forecast market size or the forecast market value of the energy efficient motor market?

The energy efficient motor market size has grown strongly in recent years. It will grow from $39.17 billion in 2023 to $42.60 billion in 2024 at a compound annual growth rate (CAGR) of 8.8%. The growth in the historic period can be attributed to environmental regulations and sustainability initiatives, increasing the demand for energy-efficient solutions, the increasing price of the electricity, lower life cycle costs than traditional motors, measures to reduce carbon emissions and advance industrialization. The energy efficient motor market size is expected to see strong growth in the next few years. It will grow to $57.10 billion in 2028 at a compound annual growth rate (CAGR) of 7.6%. The growth in the forecast period can be attributed to increasing industrial automation, the rising need to reduce greenhouse gas emissions, growing awareness regarding sustainability and corporate social responsibility, government initiatives encouraging adoption of energy efficient motors, cost savings and return on investment. Major trends in the forecast period include product innovations, strategic partnerships, and technological advancements. For further insights on the energy efficient motor market, request a sample here

How is the energy efficient motor market segmented?

The energy efficient motor market is segmented
1) By Type: Super Premium-IE4, Premium-IE3, High-IE2, Standard-IE1
2) By Application: Pumps, Fans, Compressed Air, Refrigeration, Material Handling, Material Processing
3) By End User: Industrial, Commercial, Residential, Agriculture, Other End UsersFor further insights on the energy efficient motor market,
request a sample here

Which region has the largest share of the energy efficient motor market? What are the other regions covered in the report?

North America was the largest region in the energy efficient motor market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the energy efficient motor market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. For further insights on the energy efficient motor market, request a sample here.

Who are the major players in the energy efficient motor market?

Major companies operating in the energy efficient motor market are Siemens AG, General Electric Company, Mitsubishi Electric Corporation, Schneider Electric SE, Honeywell International Inc., ABB Ltd., Johnson Controls Inc., Nidec Corporation, Emerson Electric Company, Rockwell Automation Inc., Microchip Technology Inc., Bosch Rexroth AG, WEG Equipamentos Eletricos SA, Wolong Electric Group Co. Ltd., Havells India Ltd., CG Power and Industrial Solutions Ltd., Crompton Greaves Consumer Electricals Limited, Bharat Bijlee Limited, Marathon Electric India Pvt. Ltd., Elin Electronics Limited, Toshiba International Corporation Pty Ltd., Kirloskar Electric Company Ltd., Brook Crompton Greaves Limited, Integrated Electric Co. Pvt. Ltd., Regal Beloit Corporation, Elektrim Motors, Shanghai Top Motor Co.Ltd., Hoyer Motors, Baldor Electric Company For further insights on the energy efficient motor market, request a sample here.

What are the key trends in the energy efficient motor market?

Major trend in the energy efficient motor market - Gate-Driver ICs Pioneering Efficiency In Energy Efficient Motors. For further insights on the energy efficient motor market, request a sample here.

What are the major opportunities in the energy efficient motor market? What are the strategies for the energy efficient motor market?

For detailed insights on the major opportunities and strategies in the energy efficient motor market, request a sample here.

How does the energy efficient motor market relate to the overall economy and other similar markets?

For detailed insights on energy efficient motor market's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the energy efficient motor industry?

For detailed insights on the mergers and acquisitions in the energy efficient motor industry, request a sample here.

What are the key dynamics influencing the energy efficient motor market growth? SWOT analysis of the energy efficient motor market.

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