DUBLIN--(BUSINESS WIRE)--The "North America Electric Motor Market (2018 - 2024)" report has been added to ResearchAndMarkets.com's offering.
The North America Electric Motor Market is expected to witness market growth of 6.6% CAGR during the forecast period (2018-2024).
EVs have grown more prominent across the U.S., yet, transportation causes maximum emissions across the country and EVs are promising potentially strong technology meant for decarbonizing this sector. Climate change impacts are becoming more serious and roughly a decade is left to avoid harmful global warming. Owing to this, consistent EV deployment is the right solution for a safe climate future.
Manufacturing sectors in the U.S. have started shifting from gas turbines to electric motors as an alternative source of energy. Additionally, there is a technological shift in the vehicle industry showcasing a transition from a phase of traditional vehicles to electric vehicles in the North America region. Government regulation to reduce the greenhouse effect from the environment is forcing such transition.
Transportation industry in the U.S. accounted for 27% of the total greenhouse emission in 2013. This is expected to further drive the demand for electric vehicle in the region, providing ample growth opportunity for the electric motor in North America. AC, DC and hermetic motors are the major electric motors available for end-users.
Application segment of the electric motor constitutes of industrial machinery, motor vehicles, HVAC equipment, aerospace, household appliances and other commercial applications. Growth in automotive and pharmaceutical industry has added to the total number of manufacturing facilities operating in the North America region.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include 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.
Key Topics Covered
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.3 Market Scope
1.4.1 North America Electric Motor Market, by Component
1.4.2 North America Electric Motor Market, by Output Power
1.4.3 North America Electric Motor Market, by End User
1.4.4 North America Electric Motor Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1.2 Executive Summary
2.1.3 Market Composition and Scenario
2.1.4 Players Outlook for the Market
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
2.2.3 Opportunity for the Electric Motor market
Chapter 3. Market Analysis
3.1 Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations & Agreements and Expansion
3.2.2 Product Launches
3.2.3 Mergers & Acquisitions
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2015-2018)
3.3.2 Key Strategic Move: Leading Players
Chapter 4. North America Electric Motor Market by Component
4.1.1 North America AC Motor Market by Country
4.1.2 North America DC Motor Market by Country
4.1.3 North America Hermetic Motor Market by Country
Chapter 5. North America Electric Motor Market by Output Power
5.1.1 North America Fractional Horsepower (FHP) Output Electric Motor Market by Country
5.1.2 North America Integral Horsepower (FHP) Output Electric Motor Market by Country
Chapter 6. North America Electric Motor Market by End User
6.1.1 North America Motor Vehicles Electric Motor Market by Country
6.1.2 North America Industrial Machinery Electric Motor Market by Country
6.1.3 North America Heating Ventilating and Cooling (HVAC) Equipment Electric Motor Market by Country
6.1.4 North America Household Appliances Electric Motor Market by Country
6.1.5 North America Aerospace & Transportation Electric Motor Market by Region
6.1.6 North America Others Electric Motor Market by Country
Chapter 7. North America Electric Motor Market by Country
7.2 US Electric Motor Market
7.3 Canada Electric Motor Market
7.4 Mexico Electric Motor Market
7.5 Rest of North America Electric Motor Market
Chapter 8. Company Profiles
8.1 Robert Bosch GmbH
8.2 General Electric (GE)
8.3 Siemens AG
8.4 Hitachi, Ltd.
8.5 Mitsubishi Heavy Industries. Ltd.
8.6 Baldor Electric Company (ABB)
8.7 Emerson Electric
8.8 Denso Corporation
8.9 Toshiba Corporation
8.10 Brook Crompton UK Ltd.
For more information about this report visit https://www.researchandmarkets.com/r/2ns9el