Electric Motor Market Research Report

1. Electric Motor Market Research Report An electric motor is equipment that converts electrical energy into mechanical energy. The DC motor operates on electromagnetic induction. Electric motors can be classified as AC, DC, or brush and brushless motors. Some of the main components found in an electric motor are the rotor, bearings, stator, air gap, windings, and commutators. The applications of electric motors can be seen in multiple domains like automotive, transportation, aerospace, Defense, residential and commercial industries. According to the report issued by Global Market Estimates Research & Consultants, the Electric Motor Market is indicated to depict a noticeable endowment of 6.9% during the forecast period (2020-2026). Fluctuating raw materials for the manufacturing of electric motors from China and India are the primary deterrents of the market whereas increased demand for heating, ventilation, and air conditioning applications in residential, commercial, and industrial users, increase usage of electric machines, and expansion of small and medium-sized enterprises are the major factor influencing the global electric motors market respectively. Browse 175 Market Data Tables and 111 Figures spread through 195 Pages on "Electric Motor Market - Forecasts to 2026" https://www.globalmarketestimates.com/market-report/electric- motor-market-2497 By Type (AC and DC), By Type of Power Rating (<1 KW, 1-2.2 KW, 2-375 KW, and >375 KW), By Type of Size (Below 20 mm, 20–110 mm, and Others), By Type of End-User (Industrial, Residential, Commercial, Agriculture, and Transportation), By Type of Region (NA [North America], Europe, APAC [Asia Pacific], MEA [the Middle East & Africa], and CSA [Central & South America]), End-User Landscape, Vendor Landscape, Company Market Share Analysis & Competitor Analysis Key Market Insights: The Electric Motor products market will show tremendous growth with a CAGR value of 6.9% during 2020-2026. DC motors are seen to dominate the market from 2020 to 2026. <1 HP motor is witnessed to rise at a significant rise in CAGR% in the electric motor market. Amongst all the regions across the globe, APAC is expected to have the highest growth over the coming years. Johnson Electric, Regal Beloit Corporation, Toshiba Corporation, TECO Electric & Machinery, Hyosung Heavy Industries, ABB, Siemens, Nidec Corporation, Wolong, WEG, and other industries are the dominant players in the global electric motor market.

2. Browse the electric motor market report @ https://www.globalmarketestimates.com/market- report/electric-motor-market-2497 Type Outlook (Revenue, USD Million, 2020 - 2026) AC DC Type of Power Rating Outlook (Revenue, USD Million, 2020 - 2026) <1 KW 1-2.2 KW 2-375 KW >375 KW Type of End Use Outlook (Revenue, USD Million, 2020 - 2026) Industrial Residential Commercial Agriculture Transportation Regional Outlook (Revenue, USD Million, 2020 - 2026) North America The U.S. Canada Mexico Europe Germany UK France Spain Italy Rest of Europe Asia Pacific China India Japan South Korea Australia Rest of APAC Central & South America Brazil Argentina Chile Rest of CSA

3. Middle East & Africa Saudi Arabia South Africa UAE Rest of MEA Contact: Yash Jain Email address: sales@globalmarketestimates.com Phone Number: +16026667238 Website: https://www.globalmarketestimates.com/ Check our Latest Blogs: https://www.globalmarketestimates.com/blog-posts.php