The global Electric Motor market was valued at USD 142.1 Billion in 2022 and is projected to reach USD 238.84 Billion by 2030, registering a CAGR of 7.7% for the forecast period 2023-2030.

The Electric Motor Market size study shifts its attention to in-depth business challenges, defined investment opportunities, market share coupled with product type and applications, key companies responsible for the production, and upcoming market opportunities.

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The report aims to offer a comprehensive analysis on the global Electric Motor market. It concentrates on the market dynamics, technological inclinations, and understandings on different end-user industries and product types. Additionally, it examines the key players and the competitive landscape in the global Electric Motor market.

List of Prominent Players: 

AMETEK
GE
WEG
ABB
Siemens
Johnson Electric
Rockwell Automation
Nidec Motor Corporation
Mitsubishi Heavy Industries
Hitachi
DENSO
Regal Beloit Corporation
Toshiba Corporation

Segmentation of Global Electric Motor Market:

By Motor Type
DC
AC
By Component
End-bracket
Bearings
Frame
Stator
Rotor
Others
By Power Rating
Less than 1 kW Motors
1–2.2 kW Motors
2.2–375 kW Motors
Others
By Voltage
Low Voltage Motors
Medium Voltage Motors
High Voltage Motors
By Rotor Type
Inner Rotor
Outer Rotor
By Output Power
Less than 1 HP
More than 1 HP
By End-User
Industrial
Agriculture
Residential
Commercial
Transportation
    
Market segment by Region, regional analysis covers

North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

Report Target Clients:

Investors and Private Equity Firms
Electric Motor Providers
Suppliers as well as Distributors
Government and Regulatory Agencies
End users

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