Electric Motors Global Market Report 2021 by The Business Research Company is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact – both negative and positive – of COVID-19 on the electric motors industry gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. This includes revised market numbers according to the effects of the coronavirus and the expected electric motors market growth numbers 2021-2030.

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The Electric Motors Global Market Report 2020-30 by The Business Research Company provides an in-depth analysis of the global electric motors market and covers both the historic period, 2015 to 2020, and the forecast period, 2020 to 2030. The report evaluates the market and major economies across the regions Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The Electric Motors Global Market Report 2021 covers electric motors market drivers, electric motors market trends, electric motors market growth rate, electric motors market major players, player-adopted strategies in the market, and electric motors market size.

The global Business Intelligence software market is expected to grow from $64.1 billion in 2020 to $66.88 billion in 2021 at a compound annual growth rate (CAGR) of 4.3%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $72.18 billion in 2025 at a CAGR of 2%.

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The report covers the electric motors market segments-
1) By Type: Alternate Current (AC) Motor, Direct Current (DC) Motor, Hermetic Motor,
2) By Output Power: Integral Horsepower (IHP), Fractional Horsepower (FHP),
3) By Voltage Range: 9V & Below, 10-20 V, 21-60 V, 60 V And Above
4) By Application: Industrial Machinery, Motor Vehicle, HVAC Equipment, Aerospace & Transportation, Household Appliances, Other Commercial Applications
5) By Speed: Low-Speed (less than 1,000 rpm), Medium-Speed (1,001 to 25,000 rpm), High-Speed (25,001 to 75,000 rpm), Ultra-High Speed (greater than 75,001 rpm)

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