Electric Motor Market
Electric Motor Market - Global Industry Assessment & Forecast
#
Pages:
169
Base Year:
2022
Apr - 2022
Format:
Report Code:
VMR-1493
Segments Covered
By
Type AC, DC
-
By
Power Rating <1 KW, 1-2.2 KW, 2-375 KW, >375 KW
-
By
Output Power <1 HP, >1 HP
-
By
Rotor Type Inner Rotor, Outer Rotor
-
By
End User Industrial, Residential, Commercial, Agriculture, Transportation
-
By
Region North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Snapshot
 Base Year:
|
2022 |
| Forecast
Years:
|
2023 - 2030 |
 Historical
Years:
|
2017 - 2021 |
 Revenue
2022: |
USD 119.06 Billion |
 Revenue 2030:
|
USD 194.11 Billion |
 Revenue CAGR
(2023 - 2030): |
6.30% |
Fastest Growing Region (2023 -
2030)
|
Asia Pacific |
Largest Region (2022):
|
Asia Pacific |
Customization Offered
Cross-segment Market Size and
Analysis
for Mentioned Segments- Additional Company Profiles (Upto 5
With
No Cost)
- Additional Countries (Apart From
Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request
Customization Speak To
Analyst
Electric Motor Market Segment Analysis
- Electric Motor Type Outlook (Revenue, USD Million, 2018 - 2030)
- AC
- DC
- Electric Motor Power Rating Outlook (Revenue, USD Million, 2018 - 2030)
- <1 KW
- 1-2.2 KW
- 2-375 KW
- >375 KW
- Electric Motor Output Power Outlook (Revenue, USD Million, 2018 - 2030)
- <1 HP
- >1 HP
- Electric Motor Rotor Type Outlook (Revenue, USD Million, 2018 - 2030)
- Inner Rotor
- Outer Rotor
- Electric Motor End User Outlook (Revenue, USD Million, 2018 - 2030)
- Industrial
- Residential
- Commercial
- Agriculture
- Transportation
-
Regional Outlook (Revenue, USD Billion/Million, 2018 - 2030)
- North America
-
North America Electric Motor Market, by Type
- AC
- DC
-
North America Electric Motor Market, by Power Rating
- <1 KW
- 1-2.2 KW
- 2-375 KW
- >375 KW
-
North America Electric Motor Market, by Output Power
- <1 HP
- >1 HP
-
North America Electric Motor Market, by Rotor Type
- Inner Rotor
- Outer Rotor
-
North America Electric Motor Market, by End User
- Industrial
- Residential
- Commercial
- Agriculture
- Transportation
- U.S.
- U.S. Electric Motor Market, by Type
- AC
- DC
- U.S. Electric Motor Market, by Power Rating
- <1 KW
- 1-2.2 KW
- 2-375 KW
- >375 KW
- U.S. Electric Motor Market, by Output Power
- <1 HP
- >1 HP
- U.S. Electric Motor Market, by Rotor Type
- Inner Rotor
- Outer Rotor
- U.S. Electric Motor Market, by End User
- Industrial
- Residential
- Commercial
- Agriculture
- Transportation
- U.S. Electric Motor Market, by Type
- Canada
- Canada Electric Motor Market, by Type
- AC
- DC
- Canada Electric Motor Market, by Power Rating
- <1 KW
- 1-2.2 KW
- 2-375 KW
- >375 KW
- Canada Electric Motor Market, by Output Power
- <1 HP
- >1 HP
- Canada Electric Motor Market, by Rotor Type
- Inner Rotor
- Outer Rotor
- Canada Electric Motor Market, by End User
- Industrial
- Residential
- Commercial
- Agriculture
- Transportation
- Canada Electric Motor Market, by Type
-
Mexico
- Mexico Electric Motor Market, by Type
- AC
- DC
- Mexico Electric Motor Market, by Power Rating
- <1 KW
- 1-2.2 KW
- 2-375 KW
- >375 KW
- Mexico Electric Motor Market, by Output Power
- <1 HP
- >1 HP
- Mexico Electric Motor Market, by Rotor Type
- Inner Rotor
- Outer Rotor
- Mexico Electric Motor Market, by End User
- Industrial
- Residential
- Commercial
- Agriculture
- Transportation
- Mexico Electric Motor Market, by Type
-
North America Electric Motor Market, by Type
- Europe
-
Europe Electric Motor Market, by Type
- AC
- DC
-
Europe Electric Motor Market, by Power Rating
- <1 KW
- 1-2.2 KW
- 2-375 KW
- >375 KW
-
Europe Electric Motor Market, by Output Power
- <1 HP
- >1 HP
-
Europe Electric Motor Market, by Rotor Type
- Inner Rotor
- Outer Rotor
-
Europe Electric Motor Market, by End User
- Industrial
- Residential
- Commercial
- Agriculture
- Transportation
- U. K.
- U.K. Electric Motor Market, by Type
- AC
- DC
- U.K. Electric Motor Market, by Power Rating
- <1 KW
- 1-2.2 KW
- 2-375 KW
- >375 KW
- U.K. Electric Motor Market, by Output Power
- <1 HP
- >1 HP
- U.K. Electric Motor Market, by Rotor Type
- Inner Rotor
- Outer Rotor
- U.K. Electric Motor Market, by End User
- Industrial
- Residential
- Commercial
- Agriculture
- Transportation
- U.K. Electric Motor Market, by Type
- France
- France Electric Motor Market, by Type
- AC
- DC
- France Electric Motor Market, by Power Rating
- <1 KW
- 1-2.2 KW
- 2-375 KW
- >375 KW
- France Electric Motor Market, by Output Power
- <1 HP
- >1 HP
- France Electric Motor Market, by Rotor Type
- Inner Rotor
- Outer Rotor
- France Electric Motor Market, by End User
- Industrial
- Residential
- Commercial
- Agriculture
- Transportation
- France Electric Motor Market, by Type
-
Germany
- Germany Electric Motor Market, by Type
- AC
- DC
- Germany Electric Motor Market, by Power Rating
- <1 KW
- 1-2.2 KW
- 2-375 KW
- >375 KW
- Germany Electric Motor Market, by Output Power
- <1 HP
- >1 HP
- Germany Electric Motor Market, by Rotor Type
- Inner Rotor
- Outer Rotor
- Germany Electric Motor Market, by End User
- Industrial
- Residential
- Commercial
- Agriculture
- Transportation
- Germany Electric Motor Market, by Type
-
Italy
- Italy Electric Motor Market, by Type
- AC
- DC
- Italy Electric Motor Market, by Power Rating
- <1 KW
- 1-2.2 KW
- 2-375 KW
- >375 KW
- Italy Electric Motor Market, by Output Power
- <1 HP
- >1 HP
- Italy Electric Motor Market, by Rotor Type
- Inner Rotor
- Outer Rotor
- Italy Electric Motor Market, by End User
- Industrial
- Residential
- Commercial
- Agriculture
- Transportation
- Italy Electric Motor Market, by Type
-
Spain
- Spain Electric Motor Market, by Type
- AC
- DC
- Spain Electric Motor Market, by Power Rating
- <1 KW
- 1-2.2 KW
- 2-375 KW
- >375 KW
- Spain Electric Motor Market, by Output Power
- <1 HP
- >1 HP
- Spain Electric Motor Market, by Rotor Type
- Inner Rotor
- Outer Rotor
- Spain Electric Motor Market, by End User
- Industrial
- Residential
- Commercial
- Agriculture
- Transportation
- Spain Electric Motor Market, by Type
-
Rest of Europe
- Rest of Europe Electric Motor Market, by Type
- AC
- DC
- Rest of Europe Electric Motor Market, by Power Rating
- <1 KW
- 1-2.2 KW
- 2-375 KW
- >375 KW
- Rest of Europe Electric Motor Market, by Output Power
- <1 HP
- >1 HP
- Rest of Europe Electric Motor Market, by Rotor Type
- Inner Rotor
- Outer Rotor
- Rest of Europe Electric Motor Market, by End User
- Industrial
- Residential
- Commercial
- Agriculture
- Transportation
- Rest of Europe Electric Motor Market, by Type
-
Europe Electric Motor Market, by Type
- Asia Pacific
-
Asia Pacific Electric Motor Market, by Type
- AC
- DC
-
Asia Pacific Electric Motor Market, by Power Rating
- <1 KW
- 1-2.2 KW
- 2-375 KW
- >375 KW
-
Asia Pacific Electric Motor Market, by Output Power
- <1 HP
- >1 HP
-
Asia Pacific Electric Motor Market, by Rotor Type
- Inner Rotor
- Outer Rotor
-
Asia Pacific Electric Motor Market, by End User
- Industrial
- Residential
- Commercial
- Agriculture
- Transportation
- China
- China Electric Motor Market, by Type
- AC
- DC
- China Electric Motor Market, by Power Rating
- <1 KW
- 1-2.2 KW
- 2-375 KW
- >375 KW
- China Electric Motor Market, by Output Power
- <1 HP
- >1 HP
- China Electric Motor Market, by Rotor Type
- Inner Rotor
- Outer Rotor
- China Electric Motor Market, by End User
- Industrial
- Residential
- Commercial
- Agriculture
- Transportation
- China Electric Motor Market, by Type
- Japan
- Japan Electric Motor Market, by Type
- AC
- DC
- Japan Electric Motor Market, by Power Rating
- <1 KW
- 1-2.2 KW
- 2-375 KW
- >375 KW
- Japan Electric Motor Market, by Output Power
- <1 HP
- >1 HP
- Japan Electric Motor Market, by Rotor Type
- Inner Rotor
- Outer Rotor
- Japan Electric Motor Market, by End User
- Industrial
- Residential
- Commercial
- Agriculture
- Transportation
- Japan Electric Motor Market, by Type
-
Germany
- Germany Electric Motor Market, by Type
- AC
- DC
- Germany Electric Motor Market, by Power Rating
- <1 KW
- 1-2.2 KW
- 2-375 KW
- >375 KW
- Germany Electric Motor Market, by Output Power
- <1 HP
- >1 HP
- Germany Electric Motor Market, by Rotor Type
- Inner Rotor
- Outer Rotor
- Germany Electric Motor Market, by End User
- Industrial
- Residential
- Commercial
- Agriculture
- Transportation
- Germany Electric Motor Market, by Type
-
India
- India Electric Motor Market, by Type
- AC
- DC
- India Electric Motor Market, by Power Rating
- <1 KW
- 1-2.2 KW
- 2-375 KW
- >375 KW
- India Electric Motor Market, by Output Power
- <1 HP
- >1 HP
- India Electric Motor Market, by Rotor Type
- Inner Rotor
- Outer Rotor
- India Electric Motor Market, by End User
- Industrial
- Residential
- Commercial
- Agriculture
- Transportation
- India Electric Motor Market, by Type
-
South Korea
- South Korea Electric Motor Market, by Type
- AC
- DC
- South Korea Electric Motor Market, by Power Rating
- <1 KW
- 1-2.2 KW
- 2-375 KW
- >375 KW
- South Korea Electric Motor Market, by Output Power
- <1 HP
- >1 HP
- South Korea Electric Motor Market, by Rotor Type
- Inner Rotor
- Outer Rotor
- South Korea Electric Motor Market, by End User
- Industrial
- Residential
- Commercial
- Agriculture
- Transportation
- South Korea Electric Motor Market, by Type
-
South East Asia
- South East Asia Electric Motor Market, by Type
- AC
- DC
- South East Asia Electric Motor Market, by Power Rating
- <1 KW
- 1-2.2 KW
- 2-375 KW
- >375 KW
- South East Asia Electric Motor Market, by Output Power
- <1 HP
- >1 HP
- South East Asia Electric Motor Market, by Rotor Type
- Inner Rotor
- Outer Rotor
- South East Asia Electric Motor Market, by End User
- Industrial
- Residential
- Commercial
- Agriculture
- Transportation
- South East Asia Electric Motor Market, by Type
-
Rest of Asia Pacific
- Rest of Asia Pacific Electric Motor Market, by Type
- AC
- DC
- Rest of Asia Pacific Electric Motor Market, by Power Rating
- <1 KW
- 1-2.2 KW
- 2-375 KW
- >375 KW
- Rest of Asia Pacific Electric Motor Market, by Output Power
- <1 HP
- >1 HP
- Rest of Asia Pacific Electric Motor Market, by Rotor Type
- Inner Rotor
- Outer Rotor
- Rest of Asia Pacific Electric Motor Market, by End User
- Industrial
- Residential
- Commercial
- Agriculture
- Transportation
- Rest of Asia Pacific Electric Motor Market, by Type
-
Asia Pacific Electric Motor Market, by Type
- Latin America
-
Latin America Electric Motor Market, by Type
- AC
- DC
-
Latin America Electric Motor Market, by Power Rating
- <1 KW
- 1-2.2 KW
- 2-375 KW
- >375 KW
-
Latin America Electric Motor Market, by Output Power
- <1 HP
- >1 HP
-
Latin America Electric Motor Market, by Rotor Type
- Inner Rotor
- Outer Rotor
-
Latin America Electric Motor Market, by End User
- Industrial
- Residential
- Commercial
- Agriculture
- Transportation
- Brazil
- Brazil Electric Motor Market, by Type
- AC
- DC
- Brazil Electric Motor Market, by Power Rating
- <1 KW
- 1-2.2 KW
- 2-375 KW
- >375 KW
- Brazil Electric Motor Market, by Output Power
- <1 HP
- >1 HP
- Brazil Electric Motor Market, by Rotor Type
- Inner Rotor
- Outer Rotor
- Brazil Electric Motor Market, by End User
- Industrial
- Residential
- Commercial
- Agriculture
- Transportation
- Brazil Electric Motor Market, by Type
- Argentina
- Argentina Electric Motor Market, by Type
- AC
- DC
- Argentina Electric Motor Market, by Power Rating
- <1 KW
- 1-2.2 KW
- 2-375 KW
- >375 KW
- Argentina Electric Motor Market, by Output Power
- <1 HP
- >1 HP
- Argentina Electric Motor Market, by Rotor Type
- Inner Rotor
- Outer Rotor
- Argentina Electric Motor Market, by End User
- Industrial
- Residential
- Commercial
- Agriculture
- Transportation
- Argentina Electric Motor Market, by Type
-
Rest of Latin America
- Rest of Latin America Electric Motor Market, by Type
- AC
- DC
- Rest of Latin America Electric Motor Market, by Power Rating
- <1 KW
- 1-2.2 KW
- 2-375 KW
- >375 KW
- Rest of Latin America Electric Motor Market, by Output Power
- <1 HP
- >1 HP
- Rest of Latin America Electric Motor Market, by Rotor Type
- Inner Rotor
- Outer Rotor
- Rest of Latin America Electric Motor Market, by End User
- Industrial
- Residential
- Commercial
- Agriculture
- Transportation
- Rest of Latin America Electric Motor Market, by Type
-
Latin America Electric Motor Market, by Type
- Middle East & Africa
-
Middle East & Africa Electric Motor Market, by Type
- AC
- DC
-
Middle East & Africa Electric Motor Market, by Power Rating
- <1 KW
- 1-2.2 KW
- 2-375 KW
- >375 KW
-
Middle East & Africa Electric Motor Market, by Output Power
- <1 HP
- >1 HP
-
Middle East & Africa Electric Motor Market, by Rotor Type
- Inner Rotor
- Outer Rotor
-
Middle East & Africa Electric Motor Market, by End User
- Industrial
- Residential
- Commercial
- Agriculture
- Transportation
- GCC Countries
- GCC Countries Electric Motor Market, by Type
- AC
- DC
- GCC Countries Electric Motor Market, by Power Rating
- <1 KW
- 1-2.2 KW
- 2-375 KW
- >375 KW
- GCC Countries Electric Motor Market, by Output Power
- <1 HP
- >1 HP
- GCC Countries Electric Motor Market, by Rotor Type
- Inner Rotor
- Outer Rotor
- GCC Countries Electric Motor Market, by End User
- Industrial
- Residential
- Commercial
- Agriculture
- Transportation
- GCC Countries Electric Motor Market, by Type
- South Africa
- South Africa Electric Motor Market, by Type
- AC
- DC
- South Africa Electric Motor Market, by Power Rating
- <1 KW
- 1-2.2 KW
- 2-375 KW
- >375 KW
- South Africa Electric Motor Market, by Output Power
- <1 HP
- >1 HP
- South Africa Electric Motor Market, by Rotor Type
- Inner Rotor
- Outer Rotor
- South Africa Electric Motor Market, by End User
- Industrial
- Residential
- Commercial
- Agriculture
- Transportation
- South Africa Electric Motor Market, by Type
-
Rest of Middle East & Africa
- Rest of Middle East & Africa Electric Motor Market, by Type
- AC
- DC
- Rest of Middle East & Africa Electric Motor Market, by Power Rating
- <1 KW
- 1-2.2 KW
- 2-375 KW
- >375 KW
- Rest of Middle East & Africa Electric Motor Market, by Output Power
- <1 HP
- >1 HP
- Rest of Middle East & Africa Electric Motor Market, by Rotor Type
- Inner Rotor
- Outer Rotor
- Rest of Middle East & Africa Electric Motor Market, by End User
- Industrial
- Residential
- Commercial
- Agriculture
- Transportation
- Rest of Middle East & Africa Electric Motor Market, by Type
-
Middle East & Africa Electric Motor Market, by Type
- North America
Vantage Market
Research | 26-Apr-2022
FAQ
Frequently Asked Question
What is the global demand for Electric Motor in terms of revenue?
-
The global Electric Motor valued at USD 119.06 Billion in 2022 and is expected to reach USD 194.11 Billion in 2030 growing at a CAGR of 6.30%.
Which are the prominent players in the market?
-
The prominent players in the market are ABB (Switzerland), Siemens (Germany), Nidec Corporation (Japan), Wolong (China), WEG (Brazil), Johnson Electric (China), Regal Beloit Corporation (US), Toshiba Corporation (Japan), TECO Electric & Machinery (Taiwan), Hyosung Heavy Industries (South Korea).
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 6.30% between 2023 and 2030.
What are the driving factors fueling the growth of the market.
-
The driving factors of the Electric Motor include
- Increased demand for HVAC systems among residential, commercial, and industrial end users
Which region accounted for the largest share in the market?
-
Asia Pacific was the leading regional segment of the Electric Motor in 2022.
