Title: Electric Motor Market - Forecast(2022 - 2027)
1Electric Motor MarketMarket size, Industry
outlook, Market Forecast, Demand Analysis, Market
Share, Market Report 2022-2027
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- Electric Motor Market Size is forecast to reach
186.0 billion by 2026, at a CAGR of 6.9 during
2021-2026. The increase in global electricity
consumption and the use of electrical equipment
and machines in different industries and the
renewables sector are major factors driving the
growth in the electric motor market during the
forecast period. - An increase in awareness regarding green vehicles
among customers has been a key factor leading the
market.
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- Key Takeaways
- The rising demand for efficient energy usage over
concerns of environmental impact of energy
generation from conventional sources such as coal
and natural gas, is expected to help grow the
electric motor market in APAC. - The inner rotor segment is growing at a
significant CAGR of 7.9 in the forecast period.
In inner rotor type motors, rotors are positioned
at the centre and surrounded by stator winding.
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Electric Motor Market Segment Analysis - By
Deployment The inner rotor segment is expected to
grow at a significant CAGR of 7.9 in the
forecast period. In inner rotor type motors,
rotors are positioned at the centre and
surrounded by stator winding. These motors are
used in the manufacturing, automotive, and
consumer electronics industries for robotics, CNC
machines, automatic door openers, and metal
cutting and forming machine applications. These
applications require motors that can carry out
fast acceleration and deceleration of speed,
offer high starting torque, have reversible
action capability, and are compact.
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- Electric Motor Market Outlook
- ABB Ltd.
- AMETEK, Inc.,
- Johnson Electric Holdings Limited,
- Siemens AG,
- Rockwell Automation,
- Toshiba Corp.,
- Hitachi Ltd.,
- Nidec Corporation,
- ARC Systems Inc
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Electric Motor Market -
Forecast(2022 - 2027) Learn More About the
Report _at_ https//www.industryarc.com/Report/1976
3/electric-motor-market.html
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- Analyst Briefing
- Data Tables
- Key Contacts
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Contact (1) 970-236-3677
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