Follow on Google News News By Tag Industry News News By Location Country(s) Industry News
Follow on Google News | ![]() Electric Motor Market Size to reach a value of $175.5 billion by 2024- KBV ResearchThe Global Electric Motor Market size is expected to reach $175.5 billion by 2024, rising at a market growth of 7.4% CAGR during the forecast period.
By: KBV Research The North America market would grow at a CAGR of 6.7 % during the forecast period. The Europe market is expected to witness a CAGR of 7.1% during (2018-2024). Additionally, The Asia Pacific market is expected to witness a CAGR of 7.8% during (2018-2024). The Fractional Horsepower (FHP) Output market dominated the Global Electric Motor Market by Output Power 2017. The Integral Horsepower (FHP) Output market is expected to witness a CAGR of 6.2% during (2018-2024). The Motor Vehicles market dominated the Global Electric Motor Market by End User 2017, growing at a CAGR of 6.4 % during the forecast period. The Industrial Machinery market is expected to witness a CAGR of 6.6% during (2018-2024). The Heating Ventilating and Cooling (HVAC) Equipment market is expected to witness a CAGR of 8.7% during (2018-2024). Additionally, The Household Appliances market is expected to witness highest CAGR of 9% during (2018-2024). Full Report: https://www.kbvresearch.com/ For more details: https://www.kbvresearch.com/ The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Robert Bosch GmbH, General Electric (GE), Siemens AG, Hitachi, Ltd., Mitsubishi Heavy Industries Ltd., ABB Corporation, Emerson Electric Co., Denso Corporation, Toshiba Corporation, and Brook Crompton UK Ltd. Global Electric Motor Market Segmentation By Component AC Motor Synchronous AC Motor Induction AC Motor DC Motor Brushless DC Motor Brushed DC Motor Hermetic Motor By Output Power Fractional Horsepower (FHP) Output Integral Horsepower (FHP) Output By End User Motor Vehicles Industrial Machinery Heating Ventilating and Cooling (HVAC) Equipment Household Appliances Aerospace & Transportation Others By Geography North America US Canada Mexico Rest of North America Europe Germany UK France Russia Spain Italy Rest of Europe Asia Pacific China Japan India South Korea Singapore Malaysia Rest of Asia Pacific LAMEA Brazil Argentina UAE Saudi Arabia South Africa Nigeria Rest of LAMEA Companies Profiled Robert Bosch GmbH General Electric (GE) Siemens AG Hitachi, Ltd. Mitsubishi Heavy Industries Ltd. ABB Corporation Emerson Electric Co. Denso Corporation Toshiba Corporation Brook Crompton UK Ltd. Unique Offerings from KBV Research Exhaustive coverage of Electric Motor Market Size Highest number of market tables and figures Subscription based model available Guaranteed best price Assured post sales research support with 10% customization free Related Reports: North America Market (https://www.kbvresearch.com/ Europe Market (https://www.kbvresearch.com/ Asia Pacific Market (https://www.kbvresearch.com/ LAMEA Market (https://www.kbvresearch.com/ End
|
|