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Press Release / Environment / Electric Motors Market Top Manufacturers, Size, Share, Revenue Research Report by 2023

Electric Motors Market Top Manufacturers, Size, Share, Revenue Research Report by 2023

By Market Research Future on September 25 2018 | 21 Views

Electric Motors Market Report: By Motor Type (AC, DC, Hermetic), Voltage , by Output Power, by End-Use (Industrial, Commercial, Residential, Agriculture, Transportation)– Forecast till 2023

Electric Motors Market Overview: -
The electric motors are used in agricultural equipment. The growth of the agricultural sector and the increase in use of motor operated equipment in the agricultural sector is further expected to drive the demand of the electric motors market. The increase in awareness about the effect of greenhouse gases is also leading to a shift from conventional motors to the electric motors, which is expected to drive the global electric motors market during the forecast period. However, the growth of this Electric Motors Market is expected to be restrained by the high cost of electric motors and the lack of awareness for use of electric motors.
Electric motors are the devices that work on the electro-magnetic induction principle by ensuring conversion of electrical energy into mechanical energy. Electric motors are widely used in HVAC applications, compressors, machine tools, pumps, domestic appliances, industrial fans, lathe machines, electric cars, disk drives, power tools, and automated robots. These high-efficiency motors gain importance over standard motors due to longer operating life, low energy consumption, low maintenance, and high endurance for fluctuating voltages, and others.
 
Get Sample Copy of Report @ https://www.marketresearchfuture.com/sample_request/2376 
 
Leading Key Players:-

Emerson Electric Co
Hitachi, Ltd.
Johnson Electric Holdings Limited
Rockwell Automation
WEG S.A.
ARC Systems, Inc.
Toshiba International Corporation
ABB Ltd.
Siemens AG
General Electric Company
Nidec Corporation
Denso Corporation
Allied Motion Technologies, Inc
Ametek, Inc
Robert Bosch GmbH

 
Asia-Pacific accounts for the highest market share.
Asia-Pacific region is expected to dominate the Electric motors market, and is projected to grow at the highest CAGR. The growth of the Electric motors market in Asia-Pacific region is attributed to the rapid growth in the agricultural sector. The rapid industrialization and the intense setting up of manufacturing industries which require the use of electric motors of various capacity is expected to drive the market of the electric motors in the region.
Scope of the Report:-
The scope of the study segments the Global Electric motors market by its type, output power, application and region.
By Application

HVAC
Motor vehicles
Industrial machinery
Household appliances
Others

 
Browse Full Report @ https://www.marketresearchfuture.com/reports/electric-motors-market-2376  
 
By Region

North America 
Asia Pacific 
Europe

 
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
 
Contact:-
Market Research Future
+1 646 845 9312
Email: sales@marketresearchfuture.com



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