The global electric motor market is further projected to grow at a CAGR of 10.22% between 2020-2025, and is expected to reach a volume of 1188 million units by 2025.
Electric motors use the principle of electromagnetic induction to convert electric energy into mechanical energy. They are broadly divided into AC and DC electric motors based on the type of electric power source. Currently, the market is dominated by AC electric motors, which accounted for 80.9% of the global electric motor consumption in 2019. Electric motors can also be divided based on voltage into low, medium and high voltage electric motors. With a shift in the market towards more energy-efficient products, low voltage electric motors are increasingly being preferred for use in HVAC systems, domestic appliances, fans, pumps, and compressors, among others.
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Global Electric Motor Market by Type
1 AC Motor
1.1 Market Share
1.2 Historical Trend (2015-2019)
1.3 Forecast Trend (2020-2025)
1.4 Breakup by Type
1.4.1 Induction AC Motor
1.4.2 Synchronous AC Motor
2 DC Motor
2.1 Market Share
2.2 Historical Trend (2015-2019)
2.3 Forecast Trend (2020-2025)
2.4 Breakup by Type
2.4.1 Brushed DC Motor
2.4.2 Brushless DC Motor
3 Others
Global Electric Motor Market by Voltage
1 Low Voltage Electric Motors
1.1 Market Share
1.2 Historical Trend (2015-2019)
1.3 Forecast Trend (2020-2025)
2 Medium Voltage Electric Motors
2.1 Market Share
2.2 Historical Trend (2015-2019)
2.3 Forecast Trend (2020-2025)
3 High Voltage Electric Motors
3.1 Market Share
3.2 Historical Trend (2015-2019)
3.3 Forecast Trend (2020-2025)
Global Electric Motor Market by Rated Power
1 Fractional Horsepower Motors
1.1 Market Share
1.2 Historical Trend (2015-2019)
1.3 Forecast Trend (2020-2025)
2 Integral Horsepower Motors
2.1 Market Share
2.2 Historical Trend (2015-2019)
2.3 Forecast Trend (2020-2025)
Global Electric Motor Market by Fractional Horsepower
1 Fractional Horsepower (< 1/8) Motors
1.1 Market Share
1.2 Historical Trend (2015-2019)
1.3 Forecast Trend (2020-2025)
2 Fractional Horsepower (1/8 – 1/2) Motors
2.1 Market Share
2.2 Historical Trend (2015-2019)
2.3 Forecast Trend (2020-2025)
3 Fractional Horsepower (1/2 – 1) Motors
3.1 Market Share
3.2 Historical Trend (2015-2019)
3.3 Forecast Trend (2020-2025)
Global Electric Motor Market by Integral Horsepower
1 Integral Horsepower (1 – 5) Motors
1.1 Market Share
1.2 Historical Trend (2015-2019)
1.3 Forecast Trend (2020-2025)
2 Integral Horsepower (10 – 50) Motors
2.1 Market Share
2.2 Historical Trend (2015-2019)
2.3 Forecast Trend (2020-2025)
3 Integral Horsepower (50 – 100) Motors
3.1 Market Share
3.2 Historical Trend (2015-2019)
3.3 Forecast Trend (2020-2025)
4 Integral Horsepower (>100) Motors
4.1 Market Share
4.2 Historical Trend (2015-2019)
4.3 Forecast Trend (2020-2025)
Global Electric Motor Market by Magnet Type
1 Ferrite
1.1 Market Share
1.2 Historical Trend (2015-2019)
1.3 Forecast Trend (2020-2025)
2 Neodymium (NdFeB)
2.1 Market Share
2.2 Historical Trend (2015-2019)
2.3 Forecast Trend (2020-2025)
3 Samarium Cobalt (SmCo5 and Sm2Co17)
3.1 Market Share
3.2 Historical Trend (2015-2019)
3.3 Forecast Trend (2020-2025)
Global Electric Motor Market by Weight
1 Low Weight Motors
1.1 Market Share
1.2 Historical Trend (2015-2019)
1.3 Forecast Trend (2020-2025)
2 Medium Weight Motors
2.1 Market Share
2.2 Historical Trend (2015-2019)
2.3 Forecast Trend (2020-2025)
3 High Weight Motors
3.1 Market Share
3.2 Historical Trend (2015-2019)
3.3 Forecast Trend (2020-2025)
Global Electric Motor Market by Speed
1 Ultra-High-Speed Motors
1.1 Market Share
1.2 Historical Trend (2015-2019)
1.3 Forecast Trend (2020-2025)
2 High-Speed Motors
2.1 Market Share
2.2 Historical Trend (2015-2019)
2.3 Forecast Trend (2020-2025)
3 Medium Speed Motors
3.1 Market Share
3.2 Historical Trend (2015-2019)
3.3 Forecast Trend (2020-2025)
4 Low Speed Motors
4.1 Market Share
4.2 Historical Trend (2015-2019)
4.3 Forecast Trend (2020-2025)
Global Electric Motor Market by Application
1 Industrial Machinery
1.1 Market Share
1.2 Historical Trend (2015-2019)
1.3 Forecast Trend (2020-2025)
2 HVAC
2.1 Market Share
2.2 Historical Trend (2015-2019)
2.3 Forecast Trend (2020-2025)
3 Transportation
3.1 Market Share
3.2 Historical Trend (2015-2019)
3.3 Forecast Trend (2020-2025)
4 Household Appliances
4.1 Market Share
4.2 Historical Trend (2015-2019)
4.3 Forecast Trend (2020-2025)
5 Motor Vehicles
5.1 Market Share
5.2 Historical Trend (2015-2019)
5.3 Forecast Trend (2020-2025)
6 Aerospace
6.1 Market Share
6.2 Historical Trend (2015-2019)
6.3 Forecast Trend (2020-2025)
7 Marine
7.1 Market Share
7.2 Historical Trend (2015-2019)
7.3 Forecast Trend (2020-2025)
8 Robotics
8.1 Market Share
8.2 Historical Trend (2015-2019)
8.3 Forecast Trend (2020-2025)
9 Others
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Market Breakup by Region:
1 North America
1.1 United States of America
1.2 Canada
2 Europe
2.1 Germany
2.2 United Kingdom
2.3 France
2.4 Italy
2.5 Others
3 Asia Pacific
3.1 China
3.2 Japan
3.3 India
3.4 ASEAN
3.5 Others
4 Latin America
4.1 Brazil
4.2 Argentina
4.3 Mexico
4.4 Others
5 Middle East & Africa
5.1 Saudi Arabia
5.2 United Arab Emirates
5.3 Nigeria
5.4 South Africa
5.5 Others
Competitive Landscape:
1. ABB Limited
2. Siemens AG
3. Nidec Corporation
4. WEG S.A.
5. Regal Beloit Corporation
6. TECO Electric & Machinery Co., Ltd.
ABB Limited, Siemens AG, Nidec Corporation, WEG S.A., Regal Beloit Corporation, and TECO Electric & Machinery Co. Ltd are the major players in the global electric motor market that have been analysed by EMR. The report by EMR provides a detailed insight into the latest developments in the competitive landscape of the global electric motor market like plant turnarounds, market share, capacity expansions, and mergers and acquisitions.
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