Electric Motors Market [By Type (AC Motor, DC Motor, Hermetic Motor); By Voltage (Upto 1 kV, 1 kV - 6.6 kV, Above 6.6 kV); By Output Power (Upto 1 hp, Above 1 hp); By End-User (Automotive, Agriculture, Residential, Commercial, Industrial, Others); By Region]: Market Size & Forecast, 2018 – 2026

Final Report will add the analysis of the impact of COVID-19 on this industry Global Electric Motors market is anticipated to reach over USD 157.4 billion by 2026 according to a new study published by Polaris Market Research. In 2017, the AC motor segment dominated the global market, in terms of revenue Asia-Pacific is expected to be the leading contributor to the global market revenue of electric motors during the forecast period.

The diverse applications of electric motors in majority of industries such as healthcare, construction, packaging, automotive, and consumer goods among others are expected to support the growth of this market. Other driving factors include rising demand for electric motor in household appliances, growing use in HVAC applications, and government support for development of high efficiency electric motors are propelling the market growth. However, high maintenance costs, and stringent regulations hampering the market growth. Growing demand from emerging economies, and technological advancements are factors expected to provide numerous growth opportunities in the coming years.



The growing adoption of electric vehicles is expected to support market growth of electric motors. The increasing requirement to reduce vehicle emissions and global carbon footprint drives the demand for electric vehicles. Use of electric vehicles offer benefits such as low maintenance costs, reduced harmful vehicle emissions, while providing comparable power. Electric vehicles are increasingly being used to restrict the emission of carbon, nitrogen, and other harmful compounds from gasoline and diesel vehicles. This is one of the largest ancillary industry which is pushing the demand for electric motors globally.

Asia-Pacific generated the highest revenue in the market in 2017, and is expected to lead the global market throughout the forecast period. The presence of emerging industries such as healthcare, agriculture, construction, and automotive, substantial initiatives in research and development, and favorable government policies drive the market growth. Rapid industrialization and growth of manufacturing industry further support market growth in the region.

The different types of electric motors include AC motors, DC motors, and hermetic motors. In 2017, the AC motor segment accounted for the highest market share owing to the increasing demand for AC motors from industries such as agriculture, paper & pulp, and chemicals. They are majorly used in industrial applications and machine tools. Some key features offered by AC motors include controlled acceleration, low power demand on start, adjustable operational speed, adjustable torque limit, and reduced power line disturbances among others.

The well-known companies profiled in the report include Emerson Electric Co., Rockwell Automation, Inc., Ametek, Inc., Siemens AG, Denso Corporation, Bosch Group, Baldor Electric Co., ABB Ltd., Hitachi, Ltd., General Electric Company, Allied Motion Technologies, Inc., and Regal Beloit Corporation among others. These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.

Table of Contents
1. Overview and Scope
1.1. Research goal & scope
1.2. Research assumptions
1.3. Research Methodology
1.3.1. Primary data sources
1.3.2. Secondary data sources
1.4. Key take-away
1.5. Stakeholders
2. Executive Summary
2.1. Market Definition
2.2. Market Segmentation
3. Electric Motors Market Insights
3.1. Electric Motors – Industry snapshot
3.2. Electric Motors - Ecosystem analysis
3.3. Electric Motors Market Dynamics
3.3.1. Electric Motors – Market Forces
3.3.1.1. Electric Motors Market Driver Analysis
3.3.1.2. Electric Motors Market Restraint/Challenges analysis
3.3.1.3. Electric Motors Market Opportunity Analysis
3.3.2. Industry analysis - Porter's five force
3.3.2.1. Bargaining power of supplier
3.3.2.2. Bargaining power of buyer
3.3.2.3. Threat of substitute
3.3.2.4. Threat of new entrant
3.3.2.5. Degree of competition
3.3.3. Electric Motors Market PEST Analysis, 2017
3.3.4. Electric Motors Market Value Chain Analysis
3.3.5. Electric Motors Industry Trends
3.3.6. Competitive Ranking Analysis
4. Electric Motors Market Size and Forecast, 2017-2026 by Type
4.1. Key Findings
4.2. AC Motor
4.3. DC Motor
4.4. Hermetic Motors
5. Electric Motors Market Size and Forecast, 2017-2026 by Voltage
5.1. Key Findings
5.2. Upto 1kV
5.3. 1kV - 6.6kV
5.4. Above 6.6kV
6. Electric Motors Market Size and Segment Forecast, 2017 - 2026 by Output Power
6.1. Key Findings
6.2. Upto 1hp
6.3. Above 1hp
7. Electric Motor Market Size and Forecast, 2017-2026 by End-User
7.1. Key Findings
7.2. Automotive
7.3. Agriculture
7.4. Residential
7.5. Commercial
7.6. Industrial
7.7. Others
8. Electric Motor Market Size and Forecast, 2017-2026 by Region
8.1. Key Findings
8.2. North America
8.2.1. U.S.
8.2.2. Canada
8.2.3. Mexico
8.3. Europe
8.3.1. Germany
8.3.2. UK
8.3.3. France
8.3.4. Italy
8.3.5. Rest of Europe
8.4. Asia-Pacific
8.4.1. China
8.4.2. India
8.4.3. Japan
8.4.4. Rest of Asia-Pacific
8.5. Latin America
8.5.1. Brazil
8.5.2. Rest of Latin America
8.6. Middle East & Africa
9. Company Profiles
9.1. Emerson Electric Co.
9.1.1. Overview
9.1.2. Financials
9.1.3. Product Benchmarking
9.1.4. Recent Developments
9.2. Rockwell Automation, Inc.
9.2.1. Overview
9.2.2. Financials
9.2.3. Product Benchmarking
9.2.4. Recent Developments
9.3. Ametek, Inc.
9.3.1. Overview
9.3.2. Financials
9.3.3. Product Benchmarking
9.3.4. Recent Developments
9.4. Siemens AG
9.4.1. Overview
9.4.2. Financials
9.4.3. Product Benchmarking
9.4.4. Recent Developments
9.5. Denso Corporation
9.5.1. Overview
9.5.2. Financials
9.5.3. Product Benchmarking
9.5.4. Recent Developments
9.6. Bosch Group
9.6.1. Overview
9.6.2. Financials
9.6.3. Product Benchmarking
9.6.4. Recent Developments
9.7. Baldor Electric Co.
9.7.1. Overview
9.7.2. Financials
9.7.3. Product Benchmarking
9.7.4. Recent Developments
9.8. ABB Ltd.
9.8.1. Overview
9.8.2. Financials
9.8.3. Product Benchmarking
9.8.4. Recent Developments
9.9. Hitachi, Ltd.
9.9.1. Overview
9.9.2. Financials
9.9.3. Product Benchmarking
9.9.4. Recent Developments
9.10. General Electric Company
9.10.1. Overview
9.10.2. Financials
9.10.3. Product Benchmarking
9.10.4. Recent Developments
9.11. Allied Motion Technologies, Inc.
9.11.1. Overview
9.11.2. Financials
9.11.3. Product Benchmarking
9.11.4. Recent Developments
9.12. Regal Beloit Corporation
9.12.1. Overview
9.12.2. Financials
9.12.3. Product Benchmarking
9.12.4. Recent Developments

List of Figures