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Electric Motor manufacturers - market share 2025
Fortune Business Insights™ has released an in-depth "Electric Motor market share 2025 Research Report" evaluating market size, trends, and forecasts up to 2032. This comprehensive analysis provides stakeholders with valuable insights into the competitive landscape, enabling them to adjust business strategies effectively.
The global electric motor market size was valued at USD 128.35 billion in 2023 and is projected to grow from USD 137.12 billion in 2024 to USD 246.59 billion by 2032, exhibiting a CAGR of 7.61% during the forecast period. Asia Pacific dominated the electric motor market with a market share of 35.97% in 2023. The electric motor market in the U.S. is projected to grow significantly, reaching an estimated value of USD 51.30 billion by 2032, driven by the growing adoption of automation & robotics in manufacturing and other industries.
Key Highlights of the Electric Motor Market Research Report
The Electric Motor Market Report 2025 offers a detailed examination of business opportunities, growth drivers, and trend analysis segmented by Application, Type, and Regions (North America, Europe, Asia-Pacific, South America, Middle East, and Africa).
Insights Included in the Report:
- Revenue Analysis: In-depth evaluation of revenue trends across the Electric Motor market.
- Market Dynamics: Analysis of key drivers, challenges, and market restraints.
- COVID-19 Impact Analysis: Insights on how the pandemic has shaped the Electric Motor market.
- Competitive Landscape: Profiles of top players and their strategic approaches.
- Regional Growth: Europe is projected to register the highest CAGR during the forecast period.
Market Segmentation of the Electric Motor Industry
By Motor Type
AC Motors
DC Motors
Hermetic Motors
By Power Output
Fractional Horsepower (Up to 1HP)
Integral Horsepower (Above 1HP)
By Voltage
Up to 1 kV
1 kV-6.6 kV
Above 6.6 kV
By Application
Industrial Machinery
Motor Vehicles
HVAC Equipment
Electrical Appliances
Others
By End-User
Industrial
Commercial
Residential
Agriculture
Transportation
This segmentation ensures accurate calculations and forecasts for sales volume and value, helping businesses target niche markets effectively.
Competitive Landscape
The report highlights the strategies of top companies, including mergers, acquisitions, and expansions within the Electric Motor market. Global leaders in the Electric Motor market are ranked by revenue, with a focus on their regional presence and product offerings.
Regional Insights
The Electric Motor market demonstrates robust growth potential, with Europe anticipated to exhibit the highest CAGR. Key regions like North America and Asia-Pacific are also significant contributors to market growth.
Methodology of the Electric Motor Study
Fortune Business Insights™ employs a rigorous research methodology that includes:
- Primary Research: Interviews with industry participants and stakeholders.
- Secondary Research: Analysis of reliable data and regional intelligence.
- Customized Analytics: Tailored tools and models to meet specific industry needs.
Table of Contents Overview
- Global Electric Motor Market Overview
- Study Scope
- Market Analysis by Type and Application
- Growth Trends by Region
- Market Dynamics
- Drivers, Challenges, and Restraints
- Competitive Landscape
- Top Players by Revenue
- Mergers & Acquisitions
- Electric Motor Market Breakdown by Type & Application
- Appendix
- Research Methodology
- Data Sources
Get More Info: https://www.fortunebusinessinsights.com/industry-reports/electricmotormarket-100752
Contact Us
For detailed insights and a copy of the Electric Motor Market Research Report 2025, reach out to Fortune Business Insights™:
