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Electric Motor Market
Electric Motor Market - Global Industry Assessment & Forecast
Segments Covered
By Type AC, DC
By Power Rating <1 KW, 1-2.2 KW, 2-375 KW, >375 KW
By Output Power <1 HP, >1 HP
By Rotor Type Inner Rotor, Outer Rotor
By End User Industrial, Residential, Commercial, Agriculture, Transportation
By Region North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Snapshot
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2022 |
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2023 - 2030 |
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2017 - 2021 |
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USD 119.06 Billion |
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USD 194.11 Billion |
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6.30% |
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Asia Pacific |
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Asia Pacific |
Customization Offered
Cross-segment Market Size and Analysis for Mentioned Segments
Additional Company Profiles (Upto 5 With No Cost)
Additional Countries (Apart From Mentioned Countries)
Country/Region-specific Report
Go To Market Strategy
Region Specific Market Dynamics
Region Level Market Share
Import Export Analysis
Production Analysis
Others Request Customization Speak To Analyst
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Executive Dashboard
- Strategic Imperatives
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Premium Insights
- Top 3 Trends to Watch
- Demand and Supply Trends
- Top 3 Strategies Followed by Major Players
- Top 3 Predictions by Vantage Market Research
- Top Investment Pockets
- Insights from Primary Respondents
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Global Electric Motor Market - Segment Analysis
- Overview
- Global Electric Motor Market, 2016 - 2028 (USD Million)
-
Global Electric Motor Market - by Type
- By AC
- By DC
-
Global Electric Motor Market - by Power Rating
- By <1 KW
- By 1-2.2 KW
- By 2-375 KW
- By >375 KW
-
Global Electric Motor Market - by Output Power
- By <1 HP
- By >1 HP
-
Global Electric Motor Market - by Rotor Type
- By Inner Rotor
- By Outer Rotor
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Global Electric Motor Market - by End User
- By Industrial
- By Residential
- By Commercial
- By Agriculture
- By Transportation
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Global Electric Motor Market - by region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
- Market comparative analysis
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North America Electric Motor Market - Segment Analysis
- Overview
- North America Electric Motor Market, 2016 - 2028 (USD Million)
-
North America Electric Motor Market, by Type
- By AC
- By DC
-
North America Electric Motor Market, by Power Rating
- By <1 KW
- By 1-2.2 KW
- By 2-375 KW
- By >375 KW
-
North America Electric Motor Market, by Output Power
- By <1 HP
- By >1 HP
-
North America Electric Motor Market, by Rotor Type
- By Inner Rotor
- By Outer Rotor
-
North America Electric Motor Market, by End User
- By Industrial
- By Residential
- By Commercial
- By Agriculture
- By Transportation
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North America Electric Motor Market, by Country
- U.S.
- U.S. Electric Motor Market, By Type
- By AC
- By DC
- U.S. Electric Motor Market, By Power Rating
- By <1 KW
- By 1-2.2 KW
- By 2-375 KW
- By >375 KW
- U.S. Electric Motor Market, By Output Power
- By <1 HP
- By >1 HP
- U.S. Electric Motor Market, By Rotor Type
- By Inner Rotor
- By Outer Rotor
- U.S. Electric Motor Market, By End User
- By Industrial
- By Residential
- By Commercial
- By Agriculture
- By Transportation
- U.S. Electric Motor Market, By Type
- Canada
- Canada Electric Motor Market, By Type
- By AC
- By DC
- Canada Electric Motor Market, By Power Rating
- By <1 KW
- By 1-2.2 KW
- By 2-375 KW
- By >375 KW
- Canada Electric Motor Market, By Output Power
- By <1 HP
- By >1 HP
- Canada Electric Motor Market, By Rotor Type
- By Inner Rotor
- By Outer Rotor
- Canada Electric Motor Market, By End User
- By Industrial
- By Residential
- By Commercial
- By Agriculture
- By Transportation
- Canada Electric Motor Market, By Type
- Mexico
- Mexico Electric Motor Market, By Type
- By AC
- By DC
- Mexico Electric Motor Market, By Power Rating
- By <1 KW
- By 1-2.2 KW
- By 2-375 KW
- By >375 KW
- Mexico Electric Motor Market, By Output Power
- By <1 HP
- By >1 HP
- Mexico Electric Motor Market, By Rotor Type
- By Inner Rotor
- By Outer Rotor
- Mexico Electric Motor Market, By End User
- By Industrial
- By Residential
- By Commercial
- By Agriculture
- By Transportation
- Mexico Electric Motor Market, By Type
- U.S.
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Europe Electric Motor Market - Segment Analysis
- Overview
- Europe Electric Motor Market, 2016 - 2028 (USD Million)
-
Europe Electric Motor Market, by Type
- By AC
- By DC
-
Europe Electric Motor Market, by Power Rating
- By <1 KW
- By 1-2.2 KW
- By 2-375 KW
- By >375 KW
-
Europe Electric Motor Market, by Output Power
- By <1 HP
- By >1 HP
-
Europe Electric Motor Market, by Rotor Type
- By Inner Rotor
- By Outer Rotor
-
Europe Electric Motor Market, by End User
- By Industrial
- By Residential
- By Commercial
- By Agriculture
- By Transportation
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Europe Electric Motor Market, by Country
- Germany
- Germany Electric Motor Market, By Type
- By AC
- By DC
- Germany Electric Motor Market, By Power Rating
- By <1 KW
- By 1-2.2 KW
- By 2-375 KW
- By >375 KW
- Germany Electric Motor Market, By Output Power
- By <1 HP
- By >1 HP
- Germany Electric Motor Market, By Rotor Type
- By Inner Rotor
- By Outer Rotor
- Germany Electric Motor Market, By End User
- By Industrial
- By Residential
- By Commercial
- By Agriculture
- By Transportation
- Germany Electric Motor Market, By Type
- UK
- UK Market, By Type
- By AC
- By DC
- UK Market, By Power Rating
- By <1 KW
- By 1-2.2 KW
- By 2-375 KW
- By >375 KW
- UK Market, By Output Power
- By <1 HP
- By >1 HP
- UK Market, By Rotor Type
- By Inner Rotor
- By Outer Rotor
- UK Market, By End User
- By Industrial
- By Residential
- By Commercial
- By Agriculture
- By Transportation
- UK Market, By Type
- France
- France Electric Motor Market, By Type
- By AC
- By DC
- France Electric Motor Market, By Power Rating
- By <1 KW
- By 1-2.2 KW
- By 2-375 KW
- By >375 KW
- France Electric Motor Market, By Output Power
- By <1 HP
- By >1 HP
- France Electric Motor Market, By Rotor Type
- By Inner Rotor
- By Outer Rotor
- France Electric Motor Market, By End User
- By Industrial
- By Residential
- By Commercial
- By Agriculture
- By Transportation
- France Electric Motor Market, By Type
- Spain
- Spain Electric Motor Market, By Type
- By AC
- By DC
- Spain Electric Motor Market, By Power Rating
- By <1 KW
- By 1-2.2 KW
- By 2-375 KW
- By >375 KW
- Spain Electric Motor Market, By Output Power
- By <1 HP
- By >1 HP
- Spain Electric Motor Market, By Rotor Type
- By Inner Rotor
- By Outer Rotor
- Spain Electric Motor Market, By End User
- By Industrial
- By Residential
- By Commercial
- By Agriculture
- By Transportation
- Spain Electric Motor Market, By Type
- Italy
- Italy Electric Motor Market, By Type
- By AC
- By DC
- Italy Electric Motor Market, By Power Rating
- By <1 KW
- By 1-2.2 KW
- By 2-375 KW
- By >375 KW
- Italy Electric Motor Market, By Output Power
- By <1 HP
- By >1 HP
- Italy Electric Motor Market, By Rotor Type
- By Inner Rotor
- By Outer Rotor
- Italy Electric Motor Market, By End User
- By Industrial
- By Residential
- By Commercial
- By Agriculture
- By Transportation
- Italy Electric Motor Market, By Type
- BENELUX
- BENELUX Electric Motor Market, By Type
- By AC
- By DC
- BENELUX Electric Motor Market, By Power Rating
- By <1 KW
- By 1-2.2 KW
- By 2-375 KW
- By >375 KW
- BENELUX Electric Motor Market, By Output Power
- By <1 HP
- By >1 HP
- BENELUX Electric Motor Market, By Rotor Type
- By Inner Rotor
- By Outer Rotor
- BENELUX Electric Motor Market, By End User
- By Industrial
- By Residential
- By Commercial
- By Agriculture
- By Transportation
- BENELUX Electric Motor Market, By Type
- Rest of Europe
- Rest Of Europe Electric Motor Market, By Type
- By AC
- By DC
- Rest Of Europe Electric Motor Market, By Power Rating
- By <1 KW
- By 1-2.2 KW
- By 2-375 KW
- By >375 KW
- Rest Of Europe Electric Motor Market, By Output Power
- By <1 HP
- By >1 HP
- Rest Of Europe Electric Motor Market, By Rotor Type
- By Inner Rotor
- By Outer Rotor
- Rest Of Europe Electric Motor Market, By End User
- By Industrial
- By Residential
- By Commercial
- By Agriculture
- By Transportation
- Rest Of Europe Electric Motor Market, By Type
- Germany
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Asia Pacific Electric Motor Market - Segment Analysis
- Overview
- Asia Pacific Electric Motor Market, 2016 - 2028 (USD Million)
-
Asia Pacific Electric Motor Market, by Type
- By AC
- By DC
-
Asia Pacific Electric Motor Market, by Power Rating
- By <1 KW
- By 1-2.2 KW
- By 2-375 KW
- By >375 KW
-
Asia Pacific Electric Motor Market, by Output Power
- By <1 HP
- By >1 HP
-
Asia Pacific Electric Motor Market, by Rotor Type
- By Inner Rotor
- By Outer Rotor
-
Asia Pacific Electric Motor Market, by End User
- By Industrial
- By Residential
- By Commercial
- By Agriculture
- By Transportation
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Asia Pacific Electric Motor Market, by Country
- China
- China Electric Motor Market, By Type
- By AC
- By DC
- China Electric Motor Market, By Power Rating
- By <1 KW
- By 1-2.2 KW
- By 2-375 KW
- By >375 KW
- China Electric Motor Market, By Output Power
- By <1 HP
- By >1 HP
- China Electric Motor Market, By Rotor Type
- By Inner Rotor
- By Outer Rotor
- China Electric Motor Market, By End User
- By Industrial
- By Residential
- By Commercial
- By Agriculture
- By Transportation
- China Electric Motor Market, By Type
- Japan
- Japan Electric Motor Market, By Type
- By AC
- By DC
- Japan Electric Motor Market, By Power Rating
- By <1 KW
- By 1-2.2 KW
- By 2-375 KW
- By >375 KW
- Japan Electric Motor Market, By Output Power
- By <1 HP
- By >1 HP
- Japan Electric Motor Market, By Rotor Type
- By Inner Rotor
- By Outer Rotor
- Japan Electric Motor Market, By End User
- By Industrial
- By Residential
- By Commercial
- By Agriculture
- By Transportation
- Japan Electric Motor Market, By Type
- India
- India Electric Motor Market, By Type
- By AC
- By DC
- India Electric Motor Market, By Power Rating
- By <1 KW
- By 1-2.2 KW
- By 2-375 KW
- By >375 KW
- India Electric Motor Market, By Output Power
- By <1 HP
- By >1 HP
- India Electric Motor Market, By Rotor Type
- By Inner Rotor
- By Outer Rotor
- India Electric Motor Market, By End User
- By Industrial
- By Residential
- By Commercial
- By Agriculture
- By Transportation
- India Electric Motor Market, By Type
- South Korea
- South Korea Electric Motor Market, By Type
- By AC
- By DC
- South Korea Electric Motor Market, By Power Rating
- By <1 KW
- By 1-2.2 KW
- By 2-375 KW
- By >375 KW
- South Korea Electric Motor Market, By Output Power
- By <1 HP
- By >1 HP
- South Korea Electric Motor Market, By Rotor Type
- By Inner Rotor
- By Outer Rotor
- South Korea Electric Motor Market, By End User
- By Industrial
- By Residential
- By Commercial
- By Agriculture
- By Transportation
- South Korea Electric Motor Market, By Type
- South East Asia
- South East Asia Electric Motor Market, By Type
- By AC
- By DC
- South East Asia Electric Motor Market, By Power Rating
- By <1 KW
- By 1-2.2 KW
- By 2-375 KW
- By >375 KW
- South East Asia Electric Motor Market, By Output Power
- By <1 HP
- By >1 HP
- South East Asia Electric Motor Market, By Rotor Type
- By Inner Rotor
- By Outer Rotor
- South East Asia Electric Motor Market, By End User
- By Industrial
- By Residential
- By Commercial
- By Agriculture
- By Transportation
- South East Asia Electric Motor Market, By Type
- Rest of Asia Pacific
- Rest of Asia Pacific Electric Motor Market, By Type
- By AC
- By DC
- Rest of Asia Pacific Electric Motor Market, By Power Rating
- By <1 KW
- By 1-2.2 KW
- By 2-375 KW
- By >375 KW
- Rest of Asia Pacific Electric Motor Market, By Output Power
- By <1 HP
- By >1 HP
- Rest of Asia Pacific Electric Motor Market, By Rotor Type
- By Inner Rotor
- By Outer Rotor
- Rest of Asia Pacific Electric Motor Market, By End User
- By Industrial
- By Residential
- By Commercial
- By Agriculture
- By Transportation
- Rest of Asia Pacific Electric Motor Market, By Type
- China
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Latin America Electric Motor Market - Segment Analysis
- Overview
- Latin America Electric Motor Market, 2016 - 2028 (USD Million)
-
Latin America Electric Motor Market, by Type
- By AC
- By DC
-
Latin America Electric Motor Market, by Power Rating
- By <1 KW
- By 1-2.2 KW
- By 2-375 KW
- By >375 KW
-
Latin America Electric Motor Market, by Output Power
- By <1 HP
- By >1 HP
-
Latin America Electric Motor Market, by Rotor Type
- By Inner Rotor
- By Outer Rotor
-
Latin America Electric Motor Market, by End User
- By Industrial
- By Residential
- By Commercial
- By Agriculture
- By Transportation
-
Latin America Electric Motor Market, by Country
- Brazil
- Brazil Electric Motor Market, By Type
- By AC
- By DC
- Brazil Electric Motor Market, By Power Rating
- By <1 KW
- By 1-2.2 KW
- By 2-375 KW
- By >375 KW
- Brazil Electric Motor Market, By Output Power
- By <1 HP
- By >1 HP
- Brazil Electric Motor Market, By Rotor Type
- By Inner Rotor
- By Outer Rotor
- Brazil Electric Motor Market, By End User
- By Industrial
- By Residential
- By Commercial
- By Agriculture
- By Transportation
- Brazil Electric Motor Market, By Type
- Argentina
- Argentina Electric Motor Market, By Type
- By AC
- By DC
- Argentina Electric Motor Market, By Power Rating
- By <1 KW
- By 1-2.2 KW
- By 2-375 KW
- By >375 KW
- Argentina Electric Motor Market, By Output Power
- By <1 HP
- By >1 HP
- Argentina Electric Motor Market, By Rotor Type
- By Inner Rotor
- By Outer Rotor
- Argentina Electric Motor Market, By End User
- By Industrial
- By Residential
- By Commercial
- By Agriculture
- By Transportation
- Argentina Electric Motor Market, By Type
- Rest of Latin America
- Rest of Latin America Electric Motor Market, By Type
- By AC
- By DC
- Rest of Latin America Electric Motor Market, By Power Rating
- By <1 KW
- By 1-2.2 KW
- By 2-375 KW
- By >375 KW
- Rest of Latin America Electric Motor Market, By Output Power
- By <1 HP
- By >1 HP
- Rest of Latin America Electric Motor Market, By Rotor Type
- By Inner Rotor
- By Outer Rotor
- Rest of Latin America Electric Motor Market, By End User
- By Industrial
- By Residential
- By Commercial
- By Agriculture
- By Transportation
- Rest of Latin America Electric Motor Market, By Type
- Brazil
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Middle East & Africa Electric Motor Market - Segment Analysis
- Overview
- Middle East & Africa Electric Motor Market, 2016 - 2028 (USD Million)
-
Middle East & Africa Electric Motor Market, by Type
- By AC
- By DC
-
Middle East & Africa Electric Motor Market, by Power Rating
- By <1 KW
- By 1-2.2 KW
- By 2-375 KW
- By >375 KW
-
Middle East & Africa Electric Motor Market, by Output Power
- By <1 HP
- By >1 HP
-
Middle East & Africa Electric Motor Market, by Rotor Type
- By Inner Rotor
- By Outer Rotor
-
Middle East & Africa Electric Motor Market, by End User
- By Industrial
- By Residential
- By Commercial
- By Agriculture
- By Transportation
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Middle East & Africa Electric Motor Market, by Country
- GCC Countries
- GCC Countries Electric Motor Market, By Type
- By AC
- By DC
- GCC Countries Electric Motor Market, By Power Rating
- By <1 KW
- By 1-2.2 KW
- By 2-375 KW
- By >375 KW
- GCC Countries Electric Motor Market, By Output Power
- By <1 HP
- By >1 HP
- GCC Countries Electric Motor Market, By Rotor Type
- By Inner Rotor
- By Outer Rotor
- GCC Countries Electric Motor Market, By End User
- By Industrial
- By Residential
- By Commercial
- By Agriculture
- By Transportation
- GCC Countries Electric Motor Market, By Type
- South Africa
- South Africa Electric Motor Market, By Type
- By AC
- By DC
- South Africa Electric Motor Market, By Power Rating
- By <1 KW
- By 1-2.2 KW
- By 2-375 KW
- By >375 KW
- South Africa Electric Motor Market, By Output Power
- By <1 HP
- By >1 HP
- South Africa Electric Motor Market, By Rotor Type
- By Inner Rotor
- By Outer Rotor
- South Africa Electric Motor Market, By End User
- By Industrial
- By Residential
- By Commercial
- By Agriculture
- By Transportation
- South Africa Electric Motor Market, By Type
- Rest of Middle East & Africa
- Rest of Middle East & Africa Electric Motor Market, By Type
- By AC
- By DC
- Rest of Middle East & Africa Electric Motor Market, By Power Rating
- By <1 KW
- By 1-2.2 KW
- By 2-375 KW
- By >375 KW
- Rest of Middle East & Africa Electric Motor Market, By Output Power
- By <1 HP
- By >1 HP
- Rest of Middle East & Africa Electric Motor Market, By Rotor Type
- By Inner Rotor
- By Outer Rotor
- Rest of Middle East & Africa Electric Motor Market, By End User
- By Industrial
- By Residential
- By Commercial
- By Agriculture
- By Transportation
- Rest of Middle East & Africa Electric Motor Market, By Type
- GCC Countries
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Key Market Dynamics
- Introduction
- Market Drivers
- Market Restraints
- Market Opportunities
- Porter's Five Forces Analysis
- PEST Analysis
- Regulatory Landscape
- Technology Landscape
- Regional Market Trends
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COVID 19 Impact Analysis
- Key strategies undertaken by companies to tackle COVID-19
- Short term dynamics
- Long term dynamics
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Marketing Stratagy Analysis
- Marketing Channel
- Direct Marketing
- Indirect Marketing
- Marketing Channel Development Trends
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Competative Landscape
- Competition Matrix - 2021
- Company Market Share Analysis - 2021
- Key Company Activities, 2018 - 2021
- Strategic Developments - Heat Map Analysis
- Company Offering Evaluation
- Company Regional Presence Evaluation
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Company Profiles
- ABB (Switzerland)
- Siemens (Germany)
- Nidec Corporation (Japan)
- Wolong (China)
- WEG (Brazil)
- Johnson Electric (China)
- Regal Beloit Corporation (US)
- Toshiba Corporation (Japan)
- TECO Electric & Machinery (Taiwan)
- Hyosung Heavy Industries (South Korea)
- Key Primary Respondents - VERBATIM
- Discussion Guide
- Customization Offered
- Annexure
- List of Figures
- List of Tables
- List of Abbreviations
FAQ
Frequently Asked Question
What is the global demand for Electric Motor in terms of revenue?
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The global Electric Motor valued at USD 119.06 Billion in 2022 and is expected to reach USD 194.11 Billion in 2030 growing at a CAGR of 6.30%.
Which are the prominent players in the market?
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The prominent players in the market are ABB (Switzerland), Siemens (Germany), Nidec Corporation (Japan), Wolong (China), WEG (Brazil), Johnson Electric (China), Regal Beloit Corporation (US), Toshiba Corporation (Japan), TECO Electric & Machinery (Taiwan), Hyosung Heavy Industries (South Korea).
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 6.30% between 2023 and 2030.
What are the driving factors fueling the growth of the market.
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The driving factors of the Electric Motor include
- Increased demand for HVAC systems among residential, commercial, and industrial end users
Which region accounted for the largest share in the market?
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Asia Pacific was the leading regional segment of the Electric Motor in 2022.