Electric Motor Market size was valued at USD 138.40 Bn in 2023 and the total revenue is expected to grow at 6.9 % through 2024 to 2030, reaching nearly USD 220.80 Bn.Electric Motor Market Overview:
The Electric motors are electromechanical devices that operate on the electromagnetism concept. They are long-lasting and reliable, require little maintenance, use less energy, and can withstand voltage fluctuations. Furthermore, electric motors are far less expensive than fossil-fuel engines. Electric motors are used in a wide range of industries, from vehicles to oil and gas, where they are found in industrial fans, industrial machinery, compressors, electric cars, residential devices, hard disc drives, and other applications.To know about the Research Methodology :- Request Free Sample ReportElectric Motor Market Dynamics:
The increase in need for energy-efficient motors, increase in demand for electric motors particularly in agriculture and industrial sectors, rise in awareness about electric & green vehicles among customers, and government funding for emerging efficient electric motors are some of the key factors expected to drive the growth in the global electric motor market size throughout the forecast period. An increase in earning level leading to rising disposable income is majorly boosting the demand for the global electric motors market. With continual innovations in the automotive industry and government initiatives and assistance in the form of subsidies, incentives, and tax rebates, the electric car market has experienced tremendous growth. By 2025, major automakers such as GM, Toyota, and BMW intend to deliver 400 models, with global sales expected to reach 25 million. Ford Motor Company announced in 2022 that it will invest $30 billion in electric vehicles by 2025, up from $22 billion in 2023. Likewise, Volkswagen announced in 2022 that it will invest $17.5 billion on electric vehicles by 2025, as part of a joint venture with Chinese partners. To drive the economy, manufacturers continue to invest in R&D to produce new and efficient electric motors. Manufacturers are being forced to build electric motors that minimise vibration and improve productivity as awareness on environmental pollution and laws grow. A simultaneous electric motor, for example, is roughly 80% more convenient than an induction motor. Also, the implementation of the new type of steel for electric motors, which decreases the weight and increases the efficiency and performance of the electric motor. In addition, the market's growth is fueled by new breakthroughs from various firms. Commercial electric motor with high power ratings, on the other hand, produces significant vibration, distortion, and temperature during operation, which could have a significant impact on electronic parts and cause them to breakdown.Global Electric Motor Market Segment Analysis:
The global Electric Motor Market is segmented by Type, Output Power, Voltage Range, Application and Speed. Based on Type, the global Electric Motor market is segmented into AC Motor, Synchronous AC Motor, Induction AC Motor, DC Motor, Brushed DC Motor, Brushless DC Motor and Hermetic Motor. The AC Motor segment held the largest market share of 70.7% in 2023. Moreover, the segment is estimated to continue its dominance throughout the forecast period, owing to the rise in the adoption of AC motors in industrial applications. AC motors have a lot of applications, from irrigation equipment to advanced robotics, which explains their leading position. They are also used widely in HVAC equipment since they are smaller, cheaper, and convenient. Because of the introduction of extremely efficient and low-cost electronics, as well as advancements in permanent magnetic properties, the popularity of electric AC motors in the automobile industry has boomed. Based on Output Power, the global Electric Motor market is segmented into IHP and FHP. The fractional horsepower (FHP) output segment held the largest market share of 87.3% in 2023. This significant growth is due to its wide range of applications in all types of domestic appliances, including hoovers, espresso machines, and coolers. They're also utilized in industrial machinery because they're shown to work well in a harsh industrial setting. High starting torque and reliability over electric current variations are just two of the benefits of such motors. Based on Application, the global Electric Motor market is segmented into Industrial Machinery, Motor Vehicle, HVAC Equipment, Aerospace & Transportation and Household Appliances. The Motor Vehicle segment held the largest market share of 40.5% in 2023. The rising usage of electric motors in the automotive sector is responsible for this high share. A regular operating vehicle includes over 40 electric motors varying in power from low to high. Also, the automotive sector is driven by the introduction of low-cost, high-efficiency technology, as well as advancements in permanent magnetic materials.Regional Insights:
Asia Pacific dominate the global Electric Motor market during the forecast period 2024-2030. Asia Pacific held the largest market share 48.6% in 2023. The market is being propelled by increased compliance for energy efficient motors and rising use of motor-powered electric cars. The electric motor industry is predicted to develop as availability of effective energy use grows in response to concerns about the atmospheric effect of energy generation from traditional sources such as natural gas and coal. Asia Pacific is led by Europe and North America, which have a dominant market position and are increasing in strength. Energy and resource motors, which are utilized in HVAC, industrial uses, and hybrid cars, are seeing the most increase in these areas. As a result of increased government support, the Latin American, Middle Eastern, and African markets are expected to rise significantly. The objective of the report is to present a comprehensive analysis of the global Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The reports also helps in understanding the global Electric Motor Market dynamic, structure by analyzing the market segments and project the global Electric Motor Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the global market make the report investor’s guide.Electric Motor Industry Ecosystem
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Global Electric Motor Market Report Coverage Details Base Year: 2023 Forecast Period: 2024-2030 Historical Data: 2018 to 2023 Market Size in 2023: USD 138.40 Bn. Forecast Period 2024 to 2030 CAGR: 6.9% Market Size in 2030: USD 220.80 Bn. Segments Covered: by Output Power IHP FHP by Type AC Motor Synchronous AC Motor Induction AC Motor DC Motor Brushed DC Motor Brushless DC Motor Hermetic Motor by Application Industrial Machinery Motor Vehicle HVAC Equipment Aerospace & Transportation Household Appliances by Voltage Range 9V & below 10V-20V 21V-60V 60V by Speed Low Speed Medium Speed High Speed Ultra-High Speed Global Electric Motor Market, by Region
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) North America (United States, Canada and Mexico) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina Rest of South America)Electric Motor Market, Key Players
1. Johnson Electric Holdings Ltd. 2. Baldor Electric Company, Inc. 3. Ametek, Inc. 4. Siemens AG 5. Brook Crompton UK Ltd. 6. Danaher Motion LLC 7. Allied Motion Technologies Inc. 8. Franklin Electric Co., Inc. 9. ABB Group 10. ARC Systems Inc. 11. ASMO Co., Ltd. 12. Dr. Fritz Faulhaber GmbH 13. Emerson Electric 14. Maxon Motor AG 15. Regal Beloit Corporation 16. Rockwell Automation Inc. 17. Nidec Corporation 18. Wolong 19. WEG 20. Mitsubishi Electric Corporation 21. Mitsuba CorporationFrequently Asked Questions:
1] What segments are covered in Electric Motor Market report? Ans. The segments covered in Electric Motor Market report are based on Type, Output Power, Voltage Range, Application and Speed. 2] Which region is expected to hold the highest share in the global Electric Motor Market? Ans. Asia Pacific is expected to hold the highest share in the global Electric Motor Market. 3] What is the market size of global Electric Motor Market by 2030? Ans. The market size of global Electric Motor Market by 2030 is USD 220.80 Bn. 4] Who are the top key players in the global Electric Motor Market? Ans. Johnson Electric Holdings Ltd., Baldor Electric Company, Inc., Ametek, Inc., Siemens AG, and Brook Crompton UK Ltd. are the top key players in the global Electric Motor Market. 5] What was the market size of global Electric Motor Market in 2023? Ans. The market size of global Electric Motor Market in 2023 was USD 138.40 Bn. 6] By Type of Wind Farm, What segments are covered in global Electric Motor Market report? Ans. The segments covered in global Electric Motor Market report by Output Power are IHP and FHP.
1. Electric Motor Market Introduction 1.1. Study Assumption and Market Definition 1.2. Scope of the Study 1.3. Executive Summary 2. Global Electric Motor Market: Competitive Landscape 2.1. MMR Competition Matrix 2.2. Competitive Landscape 2.3. Market share analysis of major players 2.4. Products specific analysis 2.5. Key Players Benchmarking 2.5.1. Company Name 2.5.2. Product Segment 2.5.3. End-user Segment 2.5.4. Revenue (2023) 2.5.5. Global Presence 2.5.6. Key Development 2.5.7. Market Share 2.6. Ecosystem Analysis 2.7. Upcoming Technological and Advancement Initiatives by Key Players 2.7.1. Technology Analysis 2.7.1.1. Key Technologies 2.7.1.1.1. Integration of IoT 2.7.2. Complementary Technology 2.7.2.1. Variable frequency drive 2.8. Market Structure 2.8.1. Market Leaders 2.8.2. Market Followers 2.8.3. Emerging Players 2.9. Consolidation of the Market 2.9.1. Strategic Initiatives and Developments 2.9.2. Mergers and Acquisitions 2.9.3. Collaborations and Partnerships 2.9.4. Product Launches and Innovations 2.10. Pricing Analysis 2.10.1. Indicative pricing analysis by region 2023& 2024 3. Electric Motor Market: Dynamics 3.1. Electric Motor Market Trends by Region 3.2. Electric Motor Market Dynamics by Region 3.2.1.1. Drivers 3.2.1.2. Restraints 3.2.1.3. Opportunities 3.2.1.4. Challenges 3.3. PORTER’s Five Forces Analysis 3.3.1. Threat of New Entrants 3.3.2. Threat of Substitutes 3.3.3. Bargaining Power of Suppliers 3.3.4. Bargaining Power of Buyers 3.3.5. Intensity of Competitive Rivalry 3.4. PESTLE Analysis 3.5. Key Forces Shaping the Modern World 3.6. Patent Analysis 3.6.1. Innovation and patent applications 3.6.2. Top applicants 3.7. Pricing Analysis 3.7.1. Average Selling price of electric motors by key players 3.8. Trade Analysis 3.8.1. Export/Import Scenario 3.9. Key Stakeholder and Buying Criteria 3.9.1. Influence of Stakeholders on the Buying Process for the Top Applications 3.9.2. Key Buying Criteria for Top Applications 3.10. Regulatory Landscape 3.10.1. Regulation by Region 3.10.2. Tariff and Taxes 3.10.3. Analysis of Government Schemes and Initiatives on the Global Electric Motor Industry 3.10.4. Regulatory Bodies, Government Agencies and Other Organizations by Region 4. Electric Motor Market: Global Market Size and Forecast by Segmentation (by Value USD Mn) (2023-2030) 4.1. Electric Motor Market Size and Forecast, by Output Power (2023-2030) 4.1.1. IHP 4.1.2. FHP 4.2. Electric Motor Market Size and Forecast, by Type (2023-2030) 4.2.1. AC Motor 4.2.2. Synchronous AC Motor 4.2.3. Induction AC Motor 4.2.4. DC Motor 4.2.5. Brushed DC Motor 4.2.6. Brushless DC Motor 4.2.7. Hermetic Motor 4.3. Electric Motor Market Size and Forecast, by Application (2023-2030) 4.3.1. Industrial Machinery 4.3.2. Motor Vehicle 4.3.3. HVAC Equipment 4.3.4. Aerospace & Transportation 4.3.5. Household Appliances 4.4. Electric Motor Market Size and Forecast, by Voltage Range (2023-2030) 4.4.1. 9V & below 4.4.2. 10V-20V 4.4.3. 21V-60V 4.4.4. 60V 4.5. Electric Motor Market Size and Forecast, by Speed (2023-2030) 4.5.1. Low Speed 4.5.2. Medium Speed High Speed 4.5.3. Ultra-High Speed 4.6. Electric Motor Market Size and Forecast, by Region (2023-2030) 4.6.1. North America 4.6.2. Europe 4.6.3. Asia Pacific 4.6.4. South America 4.6.5. MEA 5. North America Electric Motor Market Size and Forecast by Segmentation (by Value USD Mn) (2023-2030) 5.1. North America Electric Motor Market Size and Forecast, by Output Power (2023-2030) 5.1.1. IHP 5.1.2. FHP 5.2. North America Electric Motor Market Size and Forecast, by Type (2023-2030) 5.2.1. AC Motor 5.2.2. Synchronous AC Motor 5.2.3. Induction AC Motor 5.2.4. DC Motor 5.2.5. Brushed DC Motor 5.2.6. Brushless DC Motor 5.2.7. Hermetic Motor 5.3. North America Electric Motor Market Size and Forecast, by Application (2023-2030) 5.3.1. Industrial Machinery 5.3.2. Motor Vehicle 5.3.3. HVAC Equipment 5.3.4. Aerospace & Transportation 5.3.5. Household Appliances 5.4. North America Electric Motor Market Size and Forecast, by Voltage Range (2023-2030) 5.4.1. 9V & below 5.4.2. 10V-20V 5.4.3. 21V-60V 5.4.4. 60V 5.5. North America Electric Motor Market Size and Forecast, by Speed (2023-2030) 5.5.1. Low Speed 5.5.2. Medium Speed High Speed 5.5.3. Ultra-High Speed 5.6. North America Electric Motor Market Size and Forecast, by Country (2023-2030) 5.6.1. United States 5.6.1.1. United States Electric Motor Market Size and Forecast, by Output Power (2023-2030) 5.6.1.1.1. IHP 5.6.1.1.2. FHP 5.6.1.2. United States Electric Motor Market Size and Forecast, by Type (2023-2030) 5.6.1.2.1. AC Motor 5.6.1.2.2. Synchronous AC Motor 5.6.1.2.3. Induction AC Motor 5.6.1.2.4. DC Motor 5.6.1.2.5. Brushed DC Motor 5.6.1.2.6. Brushless DC Motor 5.6.1.2.7. Hermetic Motor 5.6.1.3. United States Electric Motor Market Size and Forecast, by Application (2023-2030) 5.6.1.3.1. Industrial Machinery 5.6.1.3.2. Motor Vehicle 5.6.1.3.3. HVAC Equipment 5.6.1.3.4. Aerospace & Transportation 5.6.1.3.5. Household Appliances 5.6.1.4. United States Electric Motor Market Size and Forecast, by Voltage Range (2023-2030) 5.6.1.4.1. 9V & below 5.6.1.4.2. 10V-20V 5.6.1.4.3. 21V-60V 5.6.1.4.4. 60V 5.6.1.5. United States Electric Motor Market Size and Forecast, by Speed (2023-2030) 5.6.1.5.1. Low Speed 5.6.1.5.2. Medium Speed High Speed 5.6.1.5.3. Ultra-High Speed 5.6.2. Canada 5.6.2.1. Canada Electric Motor Market Size and Forecast, by Output Power (2023-2030) 5.6.2.1.1. IHP 5.6.2.1.2. FHP 5.6.2.2. Canada Electric Motor Market Size and Forecast, by Type (2023-2030) 5.6.2.2.1. AC Motor 5.6.2.2.2. Synchronous AC Motor 5.6.2.2.3. Induction AC Motor 5.6.2.2.4. DC Motor 5.6.2.2.5. Brushed DC Motor 5.6.2.2.6. Brushless DC Motor 5.6.2.2.7. Hermetic Motor 5.6.2.3. Canada Electric Motor Market Size and Forecast, by Application (2023-2030) 5.6.2.3.1. Industrial Machinery 5.6.2.3.2. Motor Vehicle 5.6.2.3.3. HVAC Equipment 5.6.2.3.4. Aerospace & Transportation 5.6.2.3.5. Household Appliances 5.6.2.4. Canada Electric Motor Market Size and Forecast, by Voltage Range (2023-2030) 5.6.2.4.1. 9V & below 5.6.2.4.2. 10V-20V 5.6.2.4.3. 21V-60V 5.6.2.4.4. 60V 5.6.2.5. Canada Electric Motor Market Size and Forecast, by Speed (2023-2030) 5.6.2.5.1. Low Speed 5.6.2.5.2. Medium Speed High Speed 5.6.2.5.3. Ultra-High Speed 5.6.3. Mexico 5.6.3.1. Mexico Electric Motor Market Size and Forecast, by Output Power (2023-2030) 5.6.3.1.1. IHP 5.6.3.1.2. FHP 5.6.3.2. Mexico Electric Motor Market Size and Forecast, by Type (2023-2030) 5.6.3.2.1. AC Motor 5.6.3.2.2. Synchronous AC Motor 5.6.3.2.3. Induction AC Motor 5.6.3.2.4. DC Motor 5.6.3.2.5. Brushed DC Motor 5.6.3.2.6. Brushless DC Motor 5.6.3.2.7. Hermetic Motor 5.6.3.3. Mexico Electric Motor Market Size and Forecast, by Application (2023-2030) 5.6.3.3.1. Industrial Machinery 5.6.3.3.2. Motor Vehicle 5.6.3.3.3. HVAC Equipment 5.6.3.3.4. Aerospace & Transportation 5.6.3.3.5. Household Appliances 5.6.3.4. Mexico Electric Motor Market Size and Forecast, by Voltage Range (2023-2030) 5.6.3.4.1. 9V & below 5.6.3.4.2. 10V-20V 5.6.3.4.3. 21V-60V 5.6.3.4.4. 60V 5.6.3.5. Mexico Electric Motor Market Size and Forecast, by Speed (2023-2030) 5.6.3.5.1. Low Speed 5.6.3.5.2. Medium Speed High Speed 5.6.3.5.3. Ultra-High Speed 6. Europe Electric Motor Market Size and Forecast by Segmentation (by Value USD Mn) (2023-2030) 6.1. Europe Electric Motor Market Size and Forecast, by Output Power (2023-2030) 6.2. Europe Electric Motor Market Size and Forecast, by Type (2023-2030) 6.3. Europe Electric Motor Market Size and Forecast, by Application (2023-2030) 6.4. Europe Electric Motor Market Size and Forecast, by Voltage Range (2023-2030) 6.5. Europe Electric Motor Market Size and Forecast, by Speed (2023-2030) 6.6. Europe Electric Motor Market Size and Forecast, by Country (2023-2030) 6.6.1. United Kingdom 6.6.1.1. United Kingdom Electric Motor Market Size and Forecast, by Output Power (2023-2030) 6.6.1.2. United Kingdom Electric Motor Market Size and Forecast, by Type (2023-2030) 6.6.1.3. United Kingdom Electric Motor Market Size and Forecast, by Application (2023-2030) 6.6.1.4. United Kingdom Electric Motor Market Size and Forecast, by Voltage Range (2023-2030) 6.6.1.5. United Kingdom Electric Motor Market Size and Forecast, by Speed (2023-2030 6.6.2. France 6.6.2.1. France Electric Motor Market Size and Forecast, by Output Power (2023-2030) 6.6.2.2. France Electric Motor Market Size and Forecast, by Type (2023-2030) 6.6.2.3. France Electric Motor Market Size and Forecast, by Application (2023-2030) 6.6.2.4. France Electric Motor Market Size and Forecast, by Voltage Range (2023-2030) 6.6.2.5. France Electric Motor Market Size and Forecast, by Speed (2023-2030) 6.6.3. Germany 6.6.3.1. Germany Electric Motor Market Size and Forecast, by Output Power (2023-2030) 6.6.3.2. Germany Electric Motor Market Size and Forecast, by Type (2023-2030) 6.6.3.3. Germany Electric Motor Market Size and Forecast, by Application (2023-2030) 6.6.3.4. Germany Electric Motor Market Size and Forecast, by Voltage Range (2023-2030) 6.6.3.5. Germany Electric Motor Market Size and Forecast, by Speed (2023-2030) 6.6.4. Italy 6.6.4.1. Italy Electric Motor Market Size and Forecast, by Output Power (2023-2030) 6.6.4.2. Italy Electric Motor Market Size and Forecast, by Type (2023-2030) 6.6.4.3. Italy Electric Motor Market Size and Forecast, by Application (2023-2030) 6.6.4.4. Italy Electric Motor Market Size and Forecast, by Voltage Range (2023-2030) 6.6.4.5. Italy Electric Motor Market Size and Forecast, by Speed (2023-2030) 6.6.5. Spain 6.6.5.1. Spain Electric Motor Market Size and Forecast, by Output Power (2023-2030) 6.6.5.2. Spain Electric Motor Market Size and Forecast, by Type (2023-2030) 6.6.5.3. Spain Electric Motor Market Size and Forecast, by Application (2023-2030) 6.6.5.4. Spain Electric Motor Market Size and Forecast, by Voltage Range (2023-2030) 6.6.5.5. Spain Electric Motor Market Size and Forecast, by Speed (2023-2030) 6.6.6. Sweden 6.6.6.1. Sweden Electric Motor Market Size and Forecast, by Output Power (2023-2030) 6.6.6.2. Sweden Electric Motor Market Size and Forecast, by Type (2023-2030) 6.6.6.3. Sweden Electric Motor Market Size and Forecast, by Application (2023-2030) 6.6.6.4. Sweden Electric Motor Market Size and Forecast, by Voltage Range (2023-2030) 6.6.6.5. Sweden Electric Motor Market Size and Forecast, by Speed (2023-2030) 6.6.7. Austria 6.6.7.1. Austria Electric Motor Market Size and Forecast, by Output Power (2023-2030) 6.6.7.2. Austria Electric Motor Market Size and Forecast, by Type (2023-2030) 6.6.7.3. Austria Electric Motor Market Size and Forecast, by Application (2023-2030) 6.6.7.4. Austria Electric Motor Market Size and Forecast, by Voltage Range (2023-2030) 6.6.7.5. Austria Electric Motor Market Size and Forecast, by Speed (2023-2030) 6.6.8. Rest of Europe 6.6.8.1. Rest of Europe Electric Motor Market Size and Forecast, by Output Power (2023-2030) 6.6.8.2. Rest of Europe Electric Motor Market Size and Forecast, by Type (2023-2030) 6.6.8.3. Rest of Europe Electric Motor Market Size and Forecast, by Application (2023-2030) 6.6.8.4. Rest of Europe Electric Motor Market Size and Forecast, by Voltage Range (2023-2030) 6.6.8.5. Rest of Europe Electric Motor Market Size and Forecast, by Speed (2023-2030) 7. Asia Pacific Electric Motor Market Size and Forecast by Segmentation (by Value USD Mn) (2023-2030) 7.1. Asia Pacific Electric Motor Market Size and Forecast, by Output Power (2023-2030) 7.2. Asia Pacific Electric Motor Market Size and Forecast, by Type (2023-2030) 7.3. Asia Pacific Electric Motor Market Size and Forecast, by Application (2023-2030) 7.4. Asia Pacific Electric Motor Market Size and Forecast, by Voltage Range (2023-2030) 7.5. Asia Pacific Electric Motor Market Size and Forecast, by Speed (2023-2030) 7.6. Asia Pacific Electric Motor Market Size and Forecast, by Country (2023-2030) 7.6.1. China 7.6.1.1. China Electric Motor Market Size and Forecast, by Output Power (2023-2030) 7.6.1.2. China Electric Motor Market Size and Forecast, by Type (2023-2030) 7.6.1.3. China Electric Motor Market Size and Forecast, by Application (2023-2030) 7.6.1.4. China Electric Motor Market Size and Forecast, by Voltage Range (2023-2030) 7.6.1.5. China Electric Motor Market Size and Forecast, End User (2023-2030) 7.6.2. S Korea 7.6.2.1. S Korea Electric Motor Market Size and Forecast, by Output Power (2023-2030) 7.6.2.2. S Korea Electric Motor Market Size and Forecast, by Type (2023-2030) 7.6.2.3. S Korea Electric Motor Market Size and Forecast, by Application (2023-2030) 7.6.2.4. S Korea Electric Motor Market Size and Forecast, by Voltage Range (2023-2030) 7.6.2.5. S Korea Electric Motor Market Size and Forecast, by Speed (2023-2030) 7.6.3. Japan 7.6.3.1. Japan Electric Motor Market Size and Forecast, by Output Power (2023-2030) 7.6.3.2. Japan Electric Motor Market Size and Forecast, by Type (2023-2030) 7.6.3.3. Japan Electric Motor Market Size and Forecast, by Application (2023-2030) 7.6.3.4. Japan Electric Motor Market Size and Forecast, by Voltage Range (2023-2030) 7.6.3.5. Japan Electric Motor Market Size and Forecast, by Speed (2023-2030) 7.6.4. India 7.6.4.1. India Electric Motor Market Size and Forecast, by Output Power (2023-2030) 7.6.4.2. India Electric Motor Market Size and Forecast, by Type (2023-2030) 7.6.4.3. India Electric Motor Market Size and Forecast, by Application (2023-2030) 7.6.4.4. India Electric Motor Market Size and Forecast, by Voltage Range (2023-2030) 7.6.4.5. India Electric Motor Market Size and Forecast, by Speed (2023-2030) 7.6.5. Australia 7.6.5.1. Australia Electric Motor Market Size and Forecast, by Output Power (2023-2030) 7.6.5.2. Australia Electric Motor Market Size and Forecast, by Type (2023-2030) 7.6.5.3. Australia Electric Motor Market Size and Forecast, by Application (2023-2030) 7.6.5.4. Australia Electric Motor Market Size and Forecast, by Voltage Range (2023-2030) 7.6.5.5. Australia Electric Motor Market Size and Forecast, by Speed (2023-2030) 7.6.6. ASEAN 7.6.6.1. ASEAN Electric Motor Market Size and Forecast, by Output Power (2023-2030) 7.6.6.2. ASEAN Electric Motor Market Size and Forecast, by Type (2023-2030) 7.6.6.3. ASEAN Electric Motor Market Size and Forecast, by Application (2023-2030) 7.6.6.4. ASEAN Electric Motor Market Size and Forecast, by Voltage Range (2023-2030) 7.6.6.5. ASEAN Electric Motor Market Size and Forecast, by Speed (2023-2030) 7.6.7. Rest of Asia Pacific 7.6.7.1. Rest of Asia Pacific Electric Motor Market Size and Forecast, by Output Power (2023-2030) 7.6.7.2. Rest of Asia Pacific Electric Motor Market Size and Forecast, by Type (2023-2030) 7.6.7.3. Rest of Asia Pacific Electric Motor Market Size and Forecast, by Application (2023-2030) 7.6.7.4. Rest of Asia Pacific Electric Motor Market Size and Forecast, by Voltage Range (2023-2030) 7.6.7.5. Rest of Asia Pacific Electric Motor Market Size and Forecast, by Speed (2023-2030) 8. South America Electric Motor Market Size and Forecast by Segmentation (by Value USD Mn) (2023-2030) 8.1. South America Electric Motor Market Size and Forecast, by Output Power (2023-2030) 8.2. South America Electric Motor Market Size and Forecast, by Type (2023-2030) 8.3. South America Electric Motor Market Size and Forecast, by Application (2023-2030) 8.4. South America Electric Motor Market Size and Forecast, by Voltage Range (2023-2030) 8.5. South America Electric Motor Market Size and Forecast, by Speed (2023-2030) 8.6. South America Electric Motor Market Size and Forecast, by Country (2023-2030) 8.6.1. Brazil 8.6.1.1. Brazil Electric Motor Market Size and Forecast, by Output Power (2023-2030) 8.6.1.2. Brazil Electric Motor Market Size and Forecast, by Type (2023-2030) 8.6.1.3. Brazil Electric Motor Market Size and Forecast, by Application (2023-2030) 8.6.1.4. Brazil Electric Motor Market Size and Forecast, by Voltage Range (2023-2030) 8.6.1.5. Brazil Electric Motor Market Size and Forecast, by Speed (2023-2030) 8.6.2. Argentina 8.6.2.1. Argentina Electric Motor Market Size and Forecast, by Output Power (2023-2030) 8.6.2.2. Argentina Electric Motor Market Size and Forecast, by Type (2023-2030) 8.6.2.3. Argentina Electric Motor Market Size and Forecast, by Application (2023-2030) 8.6.2.4. Argentina Electric Motor Market Size and Forecast, by Voltage Range (2023-2030) 8.6.2.5. Argentina Electric Motor Market Size and Forecast, by Speed (2023-2030) 8.6.3. Rest of South America 8.6.3.1. Rest of South America Electric Motor Market Size and Forecast, by Output Power (2023-2030) 8.6.3.2. Rest of South America Electric Motor Market Size and Forecast, by Type (2023-2030) 8.6.3.3. Rest of South America Electric Motor Market Size and Forecast, by Application (2023-2030) 8.6.3.4. Rest of South America Electric Motor Market Size and Forecast, by Voltage Range (2023-2030) 8.6.3.5. Rest of South America Electric Motor Market Size and Forecast, by Speed (2023-2030) 9. Middle East and Africa Electric Motor Market Size and Forecast by Segmentation (by Value USD Mn) (2023-2030) 9.1. Middle East and Africa Electric Motor Market Size and Forecast, by Output Power (2023-2030) 9.2. Middle East and Africa Electric Motor Market Size and Forecast, by Type (2023-2030) 9.3. Middle East and Africa Electric Motor Market Size and Forecast, by Application (2023-2030) 9.4. Middle East and Africa Electric Motor Market Size and Forecast, by Voltage Range (2023-2030) 9.5. Middle East and Africa Electric Motor Market Size and Forecast, by Speed (2023-2030) 9.6. Middle East and Africa Electric Motor Market Size and Forecast, by Country (2023-2030) 9.6.1. South Africa 9.6.1.1. South Africa Electric Motor Market Size and Forecast, by Output Power (2023-2030) 9.6.1.2. South Africa Electric Motor Market Size and Forecast, by Type (2023-2030) 9.6.1.3. South Africa Electric Motor Market Size and Forecast, by Application (2023-2030) 9.6.1.4. South Africa Electric Motor Market Size and Forecast, by Voltage Range (2023-2030) 9.6.1.5. South Africa Electric Motor Market Size and Forecast, by Speed (2023-2030) 9.6.2. GCC 9.6.2.1. GCC Electric Motor Market Size and Forecast, by Output Power (2023-2030) 9.6.2.2. GCC Electric Motor Market Size and Forecast, by Type (2023-2030) 9.6.2.3. GCC Electric Motor Market Size and Forecast, by Application (2023-2030) 9.6.2.4. GCC Electric Motor Market Size and Forecast, by Voltage Range (2023-2030) 9.6.2.5. GCC Electric Motor Market Size and Forecast, by Speed (2023-2030) 9.6.3. Rest of MEA 9.6.3.1. Rest of MEA Electric Motor Market Size and Forecast, by Output Power (2023-2030) 9.6.3.2. Rest of MEA Electric Motor Market Size and Forecast, by Type (2023-2030) 9.6.3.3. Rest of MEA Electric Motor Market Size and Forecast, by Application (2023-2030) 9.6.3.4. Rest of MEA Electric Motor Market Size and Forecast, by Voltage Range (2023-2030) 9.6.3.5. Rest of MEA Electric Motor Market Size and Forecast, by Speed (2023-2030) 10. Company Profile: Key Players 10.1. Johnson Electric Holdings Ltd. 10.1.1. Company Overview 10.1.2. Business Portfolio 10.1.3. Financial Overview 10.1.4. SWOT Analysis (Technological strengths and weaknesses) 10.1.5. Strategic Analysis (Recent strategic moves) 10.1.6. Recent Developments 10.2. Baldor Electric Company, Inc. 10.3. Ametek, Inc. 10.4. Siemens AG 10.5. Brook Crompton UK Ltd. 10.6. Danaher Motion LLC 10.7. Allied Motion Technologies Inc. 10.8. Franklin Electric Co., Inc. 10.9. ABB Group 10.10. ARC Systems Inc. 10.11. ASMO Co., Ltd. 10.12. Dr. Fritz Faulhaber GmbH 10.13. Emerson Electric 10.14. Maxon Motor AG 10.15. Regal Beloit Corporation 10.16. Rockwell Automation Inc. 10.17. Nidec Corporation 10.18. Wolong 10.19. WEG 10.20. Mitsubishi Electric Corporation 10.21. Mitsuba Corporation 11. Key Findings and Analyst Recommendations 11.1. Attractive Opportunities for Players in the Electric Motor Market 12. Electric Motor Market: Research Methodology 13. Market Size Estimation Methodology 13.1.1. Bottom-Up Approach 13.1.2. Top-Down Approach 13.1.3. Data Triangulation 13.1.4. Research Assumptions 13.1.5. Limitations and Risk Assessment