Energy Efficient Motor Market is expected to reach US$ 52.91 Bn by 2030, at a CAGR of 6.23% during the forecast period. The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region To know about the Research Methodology:-Request Free Sample Report While converting electrical energy into usable mechanical energy with motor some of the energy is lost as waste heat during the conversion process. Most of the times, not all of the energy going into the motor is converted to usable mechanical energy. Such losses occur repeatedly and may result in huge overall waste. Replacing traditional motors with energy efficient motors would reduce these losses and electricity by 20% to 30%. Energy efficient motors have a low failure rate and a high tolerance for overload conditions, these features make them suitable for a variety of applications. Increasing automation and robotics in the manufacturing sector, rising need to diminish greenhouse effect, rising demand from HVAC and household applications, reduction in cost of energy consumed, increasing electric vehicle sales, increasing support from governments worldwide for the adoption of energy efficient motors are some major factors driving the growth of energy efficient motor market. However, high initial investment, rising competition among local and international companies are restraining market growth. Further key findings from the report:1. DC motor market growing at higher CAGR is anticipated to surpass demand for AC motors and lead overall electric motor market by 2029
2. From the vertical segment, industrial segment is anticipated to dominate overall revenue generated in the energy efficient motor market. However, automotive and transportation segment is expected to grow at CAGR of 5.3% during the forecast period
3. Pumps and Compressor segment to hold 38% of energy efficient motor market share by 2030. Pump segment expected to grow at significant higher CAGR of 5.3% compared to compressor segment during the forecast period
4. Among geographical regions, industries across Western Europe and North America and some countries in APAC are expected to witness high demand for energy efficient motors
5. Energy efficient motor market for HVAC application to grow at significant higher CAGR during the forecast period owing to increasing industrialization and urbanization, growing demand for energy efficient devices, and increasing government support
Energy Efficient Motor Market Key Highlights:1. Analyzes competitive developments such as contracts, joint ventures, mergers & acquisitions, collaborations, product launches & developments, and research and development (R&D) in the Energy Efficient Motor Market
2. The objective of the report is to provide a detailed analysis of the Energy Efficient Motor Market on the basis efficiency level, type, application, vertical, and geography
3. Complete quantitative analysis of the industry from 2024 to 2030 to enable the stakeholders to capitalize on the prevailing market opportunities
4. In-depth analysis of the industry on the basis of market segments, market dynamics, market size, competition & companies involved value chain
5. Analysis of the Energy Efficient Motor Market with respect to individual growth trends, prospects, and contribution to the total market
6. Segment wise business performance detailed in the report will be worthwhile for the organizations willing to enhance its business
7. Provides detailed information regarding the major factors influencing the growth of the Energy Efficient Motor Market (drivers, restraints, opportunities, and challenges)
8. This report would help stakeholders understand their competitors better and gain more insights to enhance their position in the business.
Energy Efficient Motor Market Research Methodology:
Bloomberg, Hoovers, Factiva are some of the sites that are being referred to gain insights about Energy Efficient Motor Market. Experts from top manufacturing companies along with other stakeholders have been considered. This is done to validate and collect critical information for evaluating trends related to this market during the forecast period. Top-down and bottom-up approaches have been used to estimate the global and regional size of this market. Data triangulation techniques along with other comparative analysis are also used to calculate the exact size of the Energy Efficient Motor Market globally. Research report categorizes the Energy Efficient Motor Market based on efficiency level, type, application, vertical, and geography (region wise). Market size by value is estimated and forecasted with the revenues of leading companies operating in the Energy Efficient Motor Market with key developments in companies and market trends. Available Customization Maximize Market Research offers customization of report and scope of the report as per the specific requirement of our client. Energy Efficient Motor Market Key Target Audience: Component manufacturers and distributors Motor manufacturers and suppliers Analysts and strategic business planners End-users/enterprise-users Research institutes and organizations Government bodies, venture capitalists, and private equity firms Market research and consulting firms Enterprise data center professionalsEnergy Efficient Motor Market Scope: Inquire before buying
Energy Efficient Motor Market Report Coverage Details Base Year: 2023 Forecast Period: 2024-2030 Historical Data: 2018 to 2023 Market Size in 2023: US $ 34.66 Bn. Forecast Period 2024 to 2030 CAGR: 6.23 % Market Size in 2030: US $ 52.91 Bn. Segments Covered: by Efficiency Level IE1 (Standard Efficiency) IE2 (High Efficiency) IE3 (Premium Efficiency) IE4 (Super Premium Efficiency) by Type AC Motors DC Motors by Application Compressors Pumps Refrigeration Fans Material Processing HVAC Material Handling by Vertical Commercial Industrial Residential Agriculture Automotive Aerospace & Defense Market, by Region
North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina Rest of South America)Energy Efficient Motor Market, Key Players
1. Siemens 2. ABB 3. General Electric 4. Schneider Electric 5. Weg 6. Nidec 7. Bosch Rexroth 8. Rockwell 9. Crompton Greaves 10. Kirloskar Electric 11. Havells 12. Regal Beloit 13. Toshiba 14. Maxon Motor 15. Brook Crompton 16. Honeywell 17. Johnson Electric 18. Mitsubishi Electric 19. Ebm-Papst 20. Beloit Corporation 21. Marathon Electric 22. Baldor Electric Company 23. Emerson Electric Company 24. Magneteck, Inc. Frequently Asked Questions: 1. Which region has the largest share in Global Market? Ans: Asia Pacific region held the highest share in 2023. 2. What is the growth rate of Global Market? Ans: The Global Energy Efficient Motor Market is growing at a CAGR of 6.23% during forecasting period 2024-2030. 3. What is scope of the Global market report? Ans: Global Energy Efficient Motor Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global market? Ans: The important key players in the Global Market are – Siemens, ABB, General Electric, Schneider Electric, Weg, Nidec, Bosch Rexroth, Rockwell, Crompton Greaves, Kirloskar Electric, Havells, Regal Beloit, Toshiba, Maxon Motor, Brook Crompton, Honeywell, Johnson Electric, Mitsubishi Electric, Ebm-Papst, Beloit Corporation, Marathon Electric, Baldor Electric Company, Emerson Electric Company, Magneteck, and Inc. 5. What is the study period of this market? Ans: The Global Energy Efficient Motor Market is studied from 2023 to 2030.
Energy Efficient Motor Market
1. ENERGY EFFICIENT MOTOR EXECUTIVE SUMMARY 2. ENERGY EFFICIENT MOTOR RESEARCH METHODOLOGY 2.1. Energy Efficient Motor Market Definition 2.2. Energy Efficient Motor Market Scope 2.3. Energy Efficient Motor Data Sources 3. ENERGY EFFICIENT MOTOR MARKET DYNAMICS 3.1. Energy Efficient Motor Market Drivers 3.2. Energy Efficient Motor Market Restraints 3.3. Energy Efficient Motor Market Opportunities 4. ENERGY EFFICIENT MOTOR END-USER OVERVIEW 4.1. Energy Efficient Motor Value Chain Analysis 4.2. Energy Efficient Motor Key Trends 5. ENERGY EFFICIENT MOTOR MARKET, BY EFFICIENCY LEVEL (2023-20230) 5.1. Introduction 5.2. Energy Efficient Motor IE1 (Standard Efficiency) 5.2.1. Energy Efficient Motor IE1 (Standard Efficiency)Market Overview 5.2.2. Energy Efficient Motor IE1 (Standard Efficiency)Market Size & Forecast 5.3. Energy Efficient Motor IE2 (High Efficiency) 5.3.1. Energy Efficient Motor IE2 (High Efficiency)Market Overview 5.3.2. Energy Efficient Motor IE2 (High Efficiency)Market Size & Forecast 5.4. Energy Efficient Motor IE3 (Premium Efficiency) 5.4.1. Energy Efficient Motor IE3 (Premium Efficiency)Market Overview 5.4.2. Energy Efficient Motor IE3 (Premium Efficiency)Market Size & Forecast 5.5. Energy Efficient Motor IE4 (Super Premium Efficiency) 5.5.1. Energy Efficient Motor IE4 (Super Premium Efficiency)Market Overview 5.5.2. Energy Efficient Motor IE4 (Super Premium Efficiency)Market Size & Forecast 6. ENERGY EFFICIENT MOTOR MARKET, BY TYPE (2023-20230) 6.1. Introduction 6.2. Energy Efficient Motor AC Motors 6.2.1. Energy Efficient Motor AC Motors Market Overview 6.2.2. Energy Efficient Motor AC Motors Market Size & Forecast 6.3. Energy Efficient Motor DC Motors 6.3.1. Energy Efficient Motor DC Motors Market Overview 6.3.2. Energy Efficient Motor DC Motors Market Size & Forecast 7. ENERGY EFFICIENT MOTOR MARKET, BY APPLICATION (2023-20230) 7.1. Introduction 7.2. Energy Efficient Motor Compressors 7.2.1. Energy Efficient Motor Compressors Market Overview 7.2.2. Energy Efficient Motor Compressors Market Size & Forecast 7.3. Energy Efficient Motor Pumps 7.3.1. Energy Efficient Motor Pumps Market Overview 7.3.2. Energy Efficient Motor Pumps Market Size & Forecast 7.4. Energy Efficient Motor Refrigeration 7.4.1. Energy Efficient Motor Refrigeration Market Overview 7.4.2. Energy Efficient Motor Refrigeration Market Size & Forecast 7.5. Energy Efficient Motor Fans 7.5.1. Energy Efficient Motor Fans Market Overview 7.5.2. Energy Efficient Motor Fans Market Size & Forecast 7.6. Energy Efficient Motor Material Processing 7.6.1. Energy Efficient Motor Material Processing Market Overview 7.6.2. Energy Efficient Motor Material Processing Market Size & Forecast 7.7. Energy Efficient Motor HVAC 7.7.1. Energy Efficient Motor HVAC Market Overview 7.7.2. Energy Efficient Motor HVAC Market Size & Forecast 7.8. Energy Efficient Motor Material Handling 7.8.1. Energy Efficient Motor Material Handling Market Overview 7.8.2. Energy Efficient Motor Material Handling Market Size & Forecast 8. ENERGY EFFICIENT MOTOR MARKET, BY VERTICAL (2023-20230) 8.1. Introduction 8.2. Energy Efficient Motor Commercial 8.2.1. Energy Efficient Motor Commercial Market Overview 8.2.2. Energy Efficient Motor Commercial Market Size & Forecast 8.3. Energy Efficient Motor Industrial 8.3.1. Energy Efficient Motor Industrial Market Overview 8.3.2. Energy Efficient Motor Industrial Market Size & Forecast 8.4. Energy Efficient Motor Residential 8.4.1 Energy Efficient Motor. Residential Market Overview 8.4.2. Energy Efficient Motor Residential Market Size & Forecast 8.5. Energy Efficient Motor Agriculture 8.5.1. Energy Efficient Motor Agriculture Market Overview 8.5.2. Energy Efficient Motor Agriculture Market Size & Forecast 8.6. Energy Efficient Motor Automotive 8.6.1. Energy Efficient Motor Automotive Market Overview 8.6.2. Energy Efficient Motor Automotive Market Size & Forecast 8.7. Energy Efficient Motor Aerospace & Defense 8.7.1. Energy Efficient Motor Aerospace & Defense Market Overview 8.7.2. Energy Efficient Motor Aerospace & Defense Market Size & Forecast 9. ENERGY EFFICIENT MOTOR MARKET, BY GEOGRAPHY (2023-20230) 9.1. North America Energy Efficient Motor Market 9.1.1. North America Energy Efficient Motor Market, by Efficiency Level 9.1.2. North America Energy Efficient Motor Market, by Type 9.1.3. North America Energy Efficient Motor Market, by Application 9.1.4. North America Energy Efficient Motor Market, by Vertical 9.1.5. North America Energy Efficient Motor Market, by Region 9.1.5.1. U.S. Energy Efficient Motor Market 9.1.5.2. Canada Energy Efficient Motor Market 9.2. Europe Energy Efficient Motor Market 9.2.1. Europe Energy Efficient Motor Market, by Efficiency Level 9.2.2. Europe Energy Efficient Motor Market, by Type 9.2.3. Europe Energy Efficient Motor Market, by Application 9.2.4. Europe Energy Efficient Motor Market, by Vertical 9.2.5. Europe Energy Efficient Motor Market, by Region 9.2.5.1. France Energy Efficient Motor Market 9.2.5.2. Germany Energy Efficient Motor Market 9.2.5.3. U.K .Energy Efficient Motor Market 9.2.5.4. Rest of Europe Energy Efficient Motor Market 9.3. Asia Pacific Energy Efficient Motor Market 9.3.1. Asia-Pacific Energy Efficient Motor Market, by Efficiency Level 9.3.2. Asia-Pacific Energy Efficient Motor Market, by Type 9.3.3. Asia-Pacific Energy Efficient Motor Market, by Application 9.3.4. Asia-Pacific Energy Efficient Motor Market, by Vertical 9.3.5. Asia-Pacific Energy Efficient Motor Market, by Region 9.3.5.1. China Energy Efficient Motor Market 9.3.5.2. Japan Energy Efficient Motor Market 9.3.5.3. India Energy Efficient Motor Market 9.3.5.4. Australia Energy Efficient Motor Market 9.3.5.5. South Korea Energy Efficient Motor Market 9.3.5.6. Rest of Asia Pacific Energy Efficient Motor Market 9.4. Middle East & Africa Energy Efficient Motor Market 9.4.1. Middle East & Africa Energy Efficient Motor Market, by Efficiency Level 9.4.2. Middle East & Africa Energy Efficient Motor Market, by Type 9.4.3. Middle East & Africa Energy Efficient Motor Market, by Application 9.4.4. Middle East & Africa Energy Efficient Motor Market, by Vertical 9.4.5. Middle East & Africa Energy Efficient Motor Market, by Region 9.4.5.1. South Africa Energy Efficient Motor Market 9.4.5.2. Egypt Energy Efficient Motor Market 9.4.5.3. Nigeria Energy Efficient Motor Market 9.4.5.4. Rest of Middle East & Africa Energy Efficient Motor Market 9.5. Latin America Energy Efficient Motor Market 9.5.1. Latin America Energy Efficient Motor Market, by Efficiency Level 9.5.2. Latin America Energy Efficient Motor Market, by Type 9.5.3. Latin America Energy Efficient Motor Market, by Application 9.5.4. Latin America Energy Efficient Motor Market, by Vertical 9.5.5. Latin America Energy Efficient Motor Market, by Region 9.5.5.1. Brazil Energy Efficient Motor Market 9.5.5.2. Argentina Energy Efficient Motor Market 9.5.5.3. Columbia Energy Efficient Motor Market 9.5.5.4. Mexico Energy Efficient Motor Market 9.5.5.5. Rest of Latin America Energy Efficient Motor Market 10. ENERGY EFFICIENT MOTOR MARKET COMPETITION ANALYSIS 10.1 Energy Efficient Motor Market Share/Positioning Analysis 10.2 Energy Efficient Motor Key Innovators 10.3 Energy Efficient Motor Company Profiles 10.3.1 Siemens 10.3.1.1 Overview 10.3.1.2 Products/ End-User 10.3.1.3 Strategy 10.3.1.4 Key Developments 10.3.2 ABB 10.3.2.1 Overview 10.3.2.2 Products/ End-User 10.3.2.3 Strategy 10.3.2.4 Key Developments 10.3.3 General Electric 10.3.3.1 Overview 10.3.3.2 Products/ End-User 10.3.3.3 Strategy 10.3.3.4 Key Developments 10.3.4 Schneider Electric 10.3.4.1 Overview 10.3.4.2 Products/ End-User 10.3.4.3 Strategy 10.3.4.4 Key Developments 10.3.5 Weg 10.3.5.1 Overview 10.3.5.2 Products/ End-User 10.3.5.3 Strategy 10.3.5.4 Key Developments 10.3.6 Nidec 10.3.6.1 Overview 10.3.6.2 Products/ End-User 10.3.6.3 Strategy 10.3.6.4 Key Developments 10.3.7 Bosch Rexroth 10.3.7.1 Overview 10.3.7.2 Products/ End-User 10.3.7.3 Strategy 10.3.7.4 Key Developments 10.3.8 Rockwell 10.3.8.1 Overview 10.3.8.2 Products/ End-User 10.3.8.3 Strategy 10.3.8.4 Key Developments 10.3.9 Crompton Greaves 10.3.9.1 Overview 10.3.9.2 Products/ End-User 10.3.9.3 Strategy 10.3.9.4 Key Developments LIST OF TABLES Table 1 Funding Schemes From Different Governments for Energy Efficiency Program Table 2 Energy Efficient Motor Market, By Efficiency Level, 2023-20230 (USD Billion) Table 3 Energy Efficient Motor Market, By Efficiency Level, 2023-20230 (Million Units) Table 4 Energy Efficient Motor Market, By Type, 2023-20230 (USD Billion) Table 5 Energy Efficient Motor Market, By Type, 2023-20230 (Million Units) Table 6 Energy Efficient Motor Market for AC Motors, By Motor Type, 2023-20230 (USD Billion) Table 7 Energy Efficient Motor Market for AC Motors, By Application, 2023-20230 (USD Billion) Table 8 Energy Efficient Motor Market for AC Motors, By Vertical, 2023-20230 (USD Billion) Table 9 Energy Efficient Motor Market for AC Motors, By Region, 2023-20230 (USD Billion) Table 10 Energy Efficient Motor Market for Induction AC Motors, By Region, 2023-20230 (USD Billion) Table 11 Energy Efficient Motor Market for Synchronous AC Motors, By Region, 2023-20230 (USD Billion) Table 12 Energy Efficient Motor Market for DC Motors, By Motor Type, 2023-20230 (USD Billion) Table 13 Energy Efficient Motor Market for DC Motors, By Application, 2023-20230 (USD Billion) Table 14 Energy Efficient Motor Market for DC Motors, By Vertical, 2023-20230 (USD Billion) Table 15 Energy Efficient Motor Market for DC Motors, By Region, 2023-20230 (USD Billion) Table 16 Energy Efficient Motor Market for Brushed DC Motors, By Region, 2023-20230 (USD Billion) Table 17 Energy Efficient Motor Market for Brushless DC Motors, By Region, 2023-20230 (USD Billion) Table 18 Energy Efficient Motor Market, By Application, 2023-20230 (USD Billion) Table 19 Energy Efficient Motor Market, By Application, 2023-20230 (Million Units) Table 20 Energy Efficient Motor Market for Pumps, By Type, 2023-20230 (USD Billion) Table 21 Energy Efficient Motor Market for Fans, By Type, 2023-20230 (USD Billion) Table 22 Energy Efficient Motor Market for Compressors, By Type, 2023-20230 (USD Billion) Table 23 Energy Efficient Motor Market for Refrigeration, By Type, 2023-20230 (USD Billion) Table 24 Energy Efficient Motor Market for Material Handling, By Type, 2023-20230 (USD Billion) Table 25 Energy Efficient Motor Market for Material Processing, By Type, 2023-20230 (USD Billion) Table 26 Energy Efficient Motor Market for HVAC, By Type, 2023-20230 (USD Billion) Table 27 Energy Efficient Motor Market, By Vertical, 2023-20230 (USD Billion) Table 28 Energy Efficient Motor Market, By Vertical, 2023-20230 (Million Units) Table 29 Energy Efficient Motor Market for Industrial Vertical, By Type, 2023-20230 (USD Billion) Table 30 Energy Efficient Motor Market for Industrial Vertical, By Region, 2023-20230 (USD Billion) Table 31 Energy Efficient Motor Market for Commercial Building Vertical, By Type, 2023-20230 (USD Billion) Table 32 Energy Efficient Motor Market for Commercial Building Vertical, By Region, 2023-20230 (USD Billion) Table 33 Energy Efficient Motor Market for Residential, By Type, 2023-20230 (USD Billion) Table 34 Energy Efficient Motor Market for Residential, By Region, 2023-20230 (USD Billion) Table 35 Energy Efficient Motor Market for Automotive Vertical, By Type, 2023-20230 (USD Billion) Table 36 Energy Efficient Motor Market for Automotive Vertical, By Region, 2023-20230 (USD Billion) Table 37 Energy Efficient Motor Market for Agriculture Vertical, By Type, 2023-20230 (USD Billion) Table 38 Energy Efficient Motor Market for Agriculture, By Region, 2023-20230 (USD Billion) Table 39 Energy Efficient Motor Market for Aerospace and Defense Vertical, By Type, 2023-20230 (USD Billion) Table 40 Energy Efficient Motor Market for Aerospace and Defense, By Region, 2023-20230 (USD Billion) Table 41 Energy Efficient Motor Market, By Region, 2023-20230 (USD Billion) Table 42 Energy Efficient Motor Market, By Region, 2023-20230 (Million Units) Table 43 Energy Efficient Motor Market in North America, By Country, 2023-20230 (USD Billion) Table 44 Energy Efficient Motor Market in North America, By Vertical, 2023-20230 (USD Billion) Table 45 Energy Efficient Motor Market in North America, By Application, 2023-20230 (USD Billion) Table 46 Energy Efficient Motor Market in US, By Vertical, 2023-20230 (USD Million) Table 47 Energy Efficient Motor Market in Canada, By Vertical, 2023-20230 (USD Million) Table 48 Energy Efficient Motor Market in Mexico, By Vertical, 2023-20230 (USD Million) Table 49 Energy Efficient Motor Market in Europe, By Country, 2023-20230 (USD Billion) Table 50 Energy Efficient Motor Market in Europe, By Vertical, 2023-20230 (USD Billion) Table 51 Energy Efficient Motor Market in Europe, By Application, 2023-20230 (USD Billion) Table 52 Energy Efficient Motor Market in Germany, By Vertical, 2023-20230 (USD Million) Table 53 Energy Efficient Motor Market in UK, By Vertical, 2023-20230 (USD Million) Table 54 Energy Efficient Motor Market in France, By Vertical, 2023-20230 (USD Million) Table 55 Energy Efficient Motor Market in Rest of Europe, By Vertical, 2023-20230 (USD Million) Table 56 Energy Efficient Motor Market in APAC, By Country, 2023-20230 (USD Billion) Table 57 Energy Efficient Motor Market in APAC, By Vertical, 2023-20230 (USD Billion) Table 58 Energy Efficient Motor Market in APAC, By Application, 2023-20230 (USD Billion) Table 59 Energy Efficient Motor Market in China, By Vertical, 2023-20230 (USD Million) Table 60 Energy Efficient Motor Market in Japan, By Vertical, 2023-20230 (USD Million) Table 61 Energy Efficient Motor Market in India, By Vertical, 2023-20230 (USD Million) Table 62 Energy Efficient Motor Market in Rest of APAC, By Vertical, 2023-20230 (USD Million) Table 63 Energy Efficient Motor Market in RoW, By Region, 2023-20230 (USD Billion) Table 64 Energy Efficient Motor Market in RoW, By Vertical, 2023-20230 (USD Billion) Table 65 Energy Efficient Motor Market in RoW, By Application, 2023-20230 (USD Million) Table 66 Energy Efficient Motor Market in Middle East & Africa, By Vertical, 2023-20230 (USD Million) Table 67 Energy Efficient Motor Market in South America, By Vertical, 2023-20230 (USD Million) Table 68 Ranking Analysis of Key Players in Energy Efficient Motor Market, 2021 Table 69 Product Launches and Developments, 2017-2021 Table 70 Agreements, Partnerships, and Collaborations, 2017-2021 Table 71 Acquisitions, 2017-2021 Table 72 Expansions, 2017-2021 LIST OF FIGURES Figure 1 Markets Covered Figure 2 Energy Efficient Motor Market: Research Design Figure 3 Process Flow for Market Size Estimation Figure 4 Market Size Estimation Methodology: Bottom-Up Approach Figure 5 Market Size Estimation Methodology: Top-Down Approach Figure 6 Data Triangulation Figure 7 Assumptions of Research Study Figure 8 IE2 to Hold Largest Size of Energy Efficient Motor Market During Forecast Period Figure 9 AC Motors to Hold Larger Size of Energy Efficient Motor Market By 2029 Figure 10 Energy Efficient Motor Market for Automotive Vertical to Grow at Highest CAGR During Forecast Period Figure 11 Rise in Use of Energy Efficient Motors in Agriculture Sector Expected to Increase Demand for These Motors During 2023-20230 Figure 12 AC Motors to Hold Larger Size of Energy Efficient Motor Market for Industrial Vertical During Forecast Period Figure 13 Pumps Application to Held Largest Share of Energy Efficient Motor Market in APAC in 2017 Figure 14 Energy Efficient Motor Market in APAC to Grow at Highest CAGR Between 2017 and 2029 Figure 15 Energy Efficient Motor Market for Automotive Vertical to Grow at Highest CAGR Between 2017 and 2029 Figure 16 Energy Efficient Motor Market in China to Grow at Highest CAGR During Forecast Period Figure 17 Saving of Energy and Subsequent Cost Over Traditional Motors are Key Factors Driving the Demand for Energy Efficient Motor Figure 18 Value Chain Analysis (2017): Major Value is Added During the Manufacturing & Assembly and System Integration Phases Figure 19 Industrial Vertical: Electricity Sales, 2017-2021 Figure 20 Commercial Building Vertical: Electricity Sales, 2017–2021 Figure 21 Residential Vertical: Electricity Sales, 2012–2021 Figure 22 Energy Efficient Motor Market: Geographic Snapshot Figure 23 Snapshot of Energy Efficient Motor Market in North America Figure 24 Snapshot of Energy Efficient Motor Market in Europe Figure 25 Snapshot of Energy Efficient Motor Market in APAC Figure 26 Companies Adopted Product Launches and Developments as Key Growth Strategy Between 2017 and 2021 Figure 27 Geographic Revenue Mix of Major Companies Figure 28 ABB: Company Snapshot Figure 29 Siemens: Company Snapshot Figure 30 Weg: Company Snapshot Figure 31 General Electric: Company Snapshot Figure 32 Nidec: Company Snapshot Figure 33 Schneider Electric: Company Snapshot Figure 34 Crompton Greaves: Company Snapshot Figure 35 Kirloskar Electric : Company Snapshot Figure 36 Regal Beloit: Company Snapshot Figure 37 Havells: Company Snapshot Figure 38 Toshiba: Company Snapshot Figure 39 Beloit Corporation: Company Snapshot Figure 40 Marathon Electric: Company Snapshot Figure 41 Baldor Electric Company: Company Snapshot Figure 42 Emerson Electric Company: Company Snapshot Figure 43 Magneteck, Inc.: Company Snapshot