Dublin--(business wire)--the low voltage electric motor market: global industry trends, share, size, growth, opportunity and forecast 2018-2023 report has been added to researchandmarketscom's. The global electric motor sales market is expected to reach usd 1553 billion by 2025, according to a new report by grand view research, inc an electric motor is the most important component used in the manufacturing of heating, ventilating, and cooling (hvac) equipment, motor vehicles, and other home appliances. Electric aircraft market contribute steady growth next few years due to various advantages of electric aircraft over conventional aircrafts and low cost of ownership, north america dominates the global market in terms of revenue and is expected to maintain its dominancy over the forecast period 2017-2026.
The global electric motors market is fragmented, with no single market player holding substantial double digit market share as of 2017 globally, the top 10 players in the market collectively hold between 25% and 30% of the market share. The global electric motor market is projected to reach $117,288 million by 2022 at a cagr of 37% from 2016 to 2022 the electric motor industry is projected to reach 853 million units by the end of 2022 at a cagr of 42.
Global electric motor market is estimated to reach $173 billion by 2024 growing at a cagr of 57% from 2016 to 2024 the global electric motor market is segmented based on the output power, type, application and geography. Global market for electric motors for xevs strategic analysis 2017-2025 - magnetless motor market size is expected to grow substantially by 2025 at a cagr of 384% pr newswire january 4, 2018. 1) an overview of the global market for electric motor and related technologies 2) analyses of global market trends, with data from 2013, estimates for 2014 and 2015, and projections of compound annual growth rates (cagrs) through 2020.
Electric truck market research report - forecast to 2023 is latest report on electric truck industry, which provides electric truck global market size, share, trends, growth analysis with. Global electric vehicle market is dominated by asia-pacific region and is expected to be the largest market for electronic vehicles government support in form of subsidies and tax rebates, improvement of charging fuel stations in countries can encourage use of electric vehicles. Electric motors market size was worth over usd 21 billion in 2016 and its demand is projected to cross 2 billion units in 2024 us electric motors market, by motor, 2016 & 2024, (usd million) global electric motors are expected to surpass 225 billion units till 2024. London, dec 14, 2016 /prnewswire/ -- the global electric motor market is being driven by increasing usage of electric motors across several industries, by increasing compliance for energy. In 2016, the full hybrid powertrain segment accounted for the maximum share of the global electric vehicle motor controller market introduction of stringent fuel regulations as well as tax incentives is likely to fuel the adoption of full hybrid electric vehicles in the future.
The report titled electric motors market - growth, share, opportunities, and competitive analysis, 2015 - 2022 provides in-depth analysis of the global electric motor industry the report includes market size estimates and forecast in terms of both revenue (us$ billion) and volume (thousand units. This statistic represents the global electric vehicle market size in 2012 and 2019 in 2012, the global market for electric vehicles reached about 835 billion us dollars. Electric motor is one of the biggest advancements in the fields of engineering and technology since the invention of electricity it is an electro-mechanical device that converts electrical energy to mechanical energy, working on the principles of electromagnetism. 2018 global electric motor market research report does a complete analysis of the parent market to understand electric motor market dynamics and electric motor market share a complete study is based on former, present and forecast market analysis are carried out to provide electric motor market size and growth.
This market research study analyzes the electric motors market on a global level, and provides estimates in terms of revenue (usd million) 2020 the report identifies the drivers and restraints affecting the industry and analyzes their impact over the forecast period. The global electric motor market has witnessed a healthy growth in recent years according to a new report by expert market research, the market reached a value of us$ 28 billion in 2016 and is further expected to reach us$ 37 billion by 2022. Ac motors would dominate the global electric motor sales market the electric motor sales market in this report has been classified based on type into the following segments, namely, ac & dc motors the ac motors segment dominated the electric motor sales market in 2016. The output power segment of the global electric motors market is further segmented into two categories namely integral horsepower motors and fractional horsepower motors among these, fractional horsepower motors accounted for the largest share in 2012.
Global electric motor and generator market size, share, development, growth and demand forecast to 2 the report will be delivered in pdf format along with the printing rights it is recommended for up to five users the report will be delivered in pdf format along with printing rights and. The global electric components and equipments market was projected to have market share of $103 billion in 2012 and is expected to grow at a cagr of around 7% for the next five years. According to the latest report by imarc group, titled low-voltage electric motor market: global industry trends, share, size, growth, opportunity and forecast 2018-2023, the global low-voltage electric motor market reached a volume of around 381 million units in 2017, growing at a cagr of 96% during 2010-2017.