Electric Motor Market by Motor Type (Alternate Current (AC) Motor and Direct Current (DC) Motor), Output Power (Integral Horsepower (IHP) Output and Fractional Horsepower (FHP) Output), and Application (Industrial, HVAC, Medical Equipment, Industrial Machinery, Home Appliances, and Others): Global Opportunity Analysis and Industry Forecast, 2021-2030
According to Allied Market Research The global electric motor market size was valued at $106.3 billion in 2020, and is expected to reach $207.3 billion by 2030, with a CAGR of 6.7% from 2021 to 2030.
In addition, the Electric Motor Market report outlines upstream raw materials, marketing channels, downstream customer surveys, and industry development trends that provide vital information about manufacturing equipment suppliers, major distributors, raw materials suppliers, and major customers.
Download Research Sample with Industry Insights @
https://www.alliedmarketresearch.com/request-sample/216
The Electric Motor Market report offers an in-depth study of the market on the basis of various prime parameters including sales, sales analysis, market size, and major driving factors. The study includes Porter’s five forces model, financial analysis, portfolio analysis, and business overview of services and products.
Major market players include in this report:
The report includes a comprehensive study of major market players including are ABB, ARC Systems Inc., DENSO CORPORATION, Emerson Electric Co., Johnson Electric Holdings Limited, Maxon, NIDEC CORPORATION, Regal Rexnord Corporation, Rockwell Automation Inc., Siemens
Rise in popularity of electric motors, owing to electronic computation in automation and construction applications drives the demand for electric motors in luxury features in automobiles and electrical vehicles, which fuels the electric motor market growth. For instance, according to the Indian Brand Equity Foundation, the pharmaceutical industry in India increased by 10.5% from 2018 to 2019.
The Electric Motor Market report offers a comprehensive study of the dynamic factors including drivers, restraints, challenges, and opportunities. The drivers and opportunities aid to understand the rapidly changing industry trends and their impact on the growth of the market. In addition, the restraints and challenges help understand profitable market investments. The report includes quantitative and qualitative analyses of the market.
Enquire Before Buying @
https://www.alliedmarketresearch.com/purchase-enquiry/216
Covid-19 scenario:
The global Electric Motor report includes an in-depth analysis of the impact of the Covid-19 pandemic on the market. Moreover, it helps the frontrunners in the industry to devise new strategies to gain a competitive edge over other companies and how to deal with sudden changes in value and supply chain without compromising the credibility of the business.
The report provides a study of the past and current market trends and evaluates the future opportunities. The Electric Motor market study focuses on the market trends and upcoming opportunities that help understand the driving factors of the market. In addition, the report offers granular, robust, and qualitative data.
The report includes a brief summary of the market along with a SWOT analysis of the major market players and their financial analysis. The report covers a business overview and portfolio analysis of services that major companies offer. The study analyzes the recent market developments such as expansion, joint ventures, and product launches. Moreover, the study aids new business entrants and stakeholders to understand the long-term profitability of the market.
To Know More About this Report Speak with Our Analysts @
https://www.alliedmarketresearch.com/connect-to-analyst/216
The study of the market players covers the company overview, price analysis, and value chain, along with portfolio analysis of services and products. These players have adopted various strategies such as partnerships, new product launches, joint ventures, and mergers & acquisitions to maintain their foothold in the market.