$155.3 Bilion Electric Motor Sales Market Analysis By Motor Type, Power Output, By Application, And Segment Forecasts, 2014 – 2025 – Research and Markets
DUBLIN–(BUSINESS WIRE)–Research and Markets has announced the addition of the “Electric
Motor Sales Market Analysis By Motor Type (AC Motor, DC Motor, Hermetic
Motor), By Power Output (Integral HP Output, Fractional HP Output), By
Application (Industrial, Motor Vehicles, HVAC), And Segment Forecasts,
2014 – 2025” report to their offering.
The global electric motor sales market is expected to reach USD 155.3
billion by 2025
An electric motor is the most important component used in the
manufacturing of Heating, Ventilating, and Cooling (HVAC) equipment,
motor vehicles, and other home appliances. Currently, the demand for
electric motors is gaining traction, owing to the technological
advancements and advent of better insulation materials that have
improved efficiency and operational life of the motors.
The market is further driven by the increasing demand for
energy-efficient motors, which are costly as compared to conventional
motors. However, long-term environmental advantages, such as reduction
in cost of energy consumed, offered by them outweigh their initial high
cost. The demand for these motors can be ascribed to factors such as the
rising fuel prices.
Improving standards of living and rising income levels are also
anticipated to spur the production of motor vehicles and electronic
appliances, globally. Additionally, the use of electric motors minimizes
financial burden on governments and consumers by reducing the
consumption of electricity. Owing to the aforementioned factors, these
motors are estimated to witness a huge demand, mainly from industrial
users, in the replacement market over the next few years.
The key players, including Allied Motion Technologies, Inc., Ametek,
Inc., Siemens, Baldor Electric Company, Inc., Johnson Electric Holdings
Ltd., Rockwell Automation, Franklin Electric Co., and Asmo Co., Ltd.,
dominated the global electric motor sales market in 2016
Key Topics Covered:
1. Methodology and Scope
2. Executive Summary
3. Electric Motors Industry Outlook
4. Electric Motors Electric Motor Sales Market : Motor Type Outlook
5. Electric Motors Electric Motor Sales Market : Power Output Outlook
6. Electric Motors Electric Motor Sales Market : Application Outlook
7. Electric Motors Electric Motor Sales Market : Regional Outlook
8. Competitive Landscape
For more information about this report visit https://www.researchandmarkets.com/research/shj7pj/electric_motor
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Related
Topics: Motors