DUBLIN--(BUSINESS WIRE)--The "Global Electric Motors Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2018 - 2026" report has been added to ResearchAndMarkets.com's offering.
The global electric motors market is expected surpass US$ 186 Bn by 2026
As of 2017, industrial was the largest revenue contributing end-use segment in the global electric motors motor market.
The segment accounted for around one-fourth of the global Electric Motors motor market revenue in the same year and is expected to exhibit steady growth during the forecast period 2018 - 2026. Growth in the industrial segment is primarily contributed by the regulated demand from the oil and gas sector. On the other hand, HVAC segment is poised to exhibit maximum growth during the forecast period. Stringent energy efficiency regulations coupled with the increased discretionary household expenditure is expected to drive HVAC installations, thereby supporting the Electric Motors demand.
The global electric motors industry is now saturated and comprise of large number of international as well as local manufacturers. North America and Europe are relatively matured markets and expected to see steady growth through the forecast period. This growth is primarily attributed to stringent energy consumption regulations which forcing the consumers to replace their old electric motor driven systems (EDMS) with energy efficient systems.
Asia Pacific is the most attractive market for electric motors manufacturers and suppliers. Increasing industrialization in Australia, Japan, China, Indonesia, South Korea, Thailand, Singapore, Australia, and Malaysia is influencing the demand for energy efficient electric motor driven systems in these countries. In addition, residential and commercial construction industry in Asia-Pacific is growing at a steady pace and expected to grow through the forecast period 2018 - 2026.
Growing construction industry is expected to increase the demand for heating, ventilating and air conditioning (HVAC) equipments, home appliances, elevators, escalators and other EMDS in Asia Pacific. Brazil, Russia and South Africa are some other attractive markets for electric motors manufacturers as these counties are investing significant amount in construction industry.
International Electrotechnical Commission (IEC) is collaboratively working several national regulatory bodies to introduce new efficiency classes to design, develop and deploy electric motors. Major countries such as the U.S., China, Australia and European Union have developed their own standards to match international energy efficiency standards.
Key Topics Covered:
Chapter 1 Preface
Chapter 2 Executive Summary
Chapter 3 Market Dynamics
Chapter 4 Global Electric Motors Market Analysis, By Type
Chapter 5 Global Electric Motors Market Analysis, By Output Capacity
Chapter 6 Global Electric Motors Market Analysis, By Energy Efficiency Class
Chapter 7 Global Electric Motors Market Analysis, By Application
Chapter 8 North America Electric Motors Market Analysis
Chapter 9 Europe Electric Motors Market Analysis
Chapter 10 Asia Pacific Electric Motors Market Analysis
Chapter 11 Rest of the World (RoW) Electric Motors Market Analysis
Chapter 12 Company Profiles
- Allied Motion Technologies Inc
- Ametek, Inc.
- ARC Systems, Inc.
- Baldor Electric Company, Inc.
- Brook Crompton
- Franklin Electric Co., Inc.
- Johnson Electric Holdings Ltd
- Regal Beloit Corp.
- Rockwell Automation Inc.
- Siemens AG
- Tesla Motor Inc
For more information about this report visit https://www.researchandmarkets.com/research/m3ffmh/global_electric?w=4