Bharat Book Bureau Provides the Treding Market Research Report on "Electric Electric Motor Market Outlook 2030: Industry Insights & Opportunity Evaluation, 2019-2030" under Electronics Category. The report offers a collection of superior market researach, market analysis, competitive intelligence and Market reports.

Electric Motor Market : Market Segments: By Electric Motor Type (Hermetic, AC and DC); By Power Output (Integral HP Output and Fractional HP Output); By Speed (Low-Speed Electric Motors (Less Than 1,000 RPM), Medium-Speed Electric Motors (1,001-25,000 RPM), High-Speed Electric Motors (25,001-75,000 RPM) and Ultrahigh-Speed Electric Motors (Greater Than 75,001 RPM)); By Application (Industrial Machinery, Electric Motor Vehicles, HVAC Equipment, Aerospace & Transportation, Household Appliances and Others); and Region – Analysis of Market Size, Share & Trends for 2014 – 2019 and Forecasts to 2030

Product Overview
Electric Motors are electro-mechanical systems that operate on the electromagnetic induction principle. They are robust and highly effective, require low maintenance, consume less energy, and fluctuate voltages have high endurance. Moreover, Electric Motors cost far less than a fossil-fuel engine.

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Electric Motor Market: Segments
AC Electric Motor segment to grow with the highest CAGR of 8.47% during 2019-30
Electric Motor Market is segmented by Electric Motor type as AC and DC Electric Motors and hermetic Electric Motor. The greater market share in 2018 was accounted by AC Electric Motors as these were extensively used forms with their applications ranging from irrigation pumps to modern-day robotics. In addition, they are smaller, cheaper, and lighter in weight and are commonly used in HVAC equipment as well. Due to the advent of highly effective and low-cost electronics, followed by advances in permanent magnetic materials, the use of electric AC Electric Motors in the automotive industry has increased exponentially. However, due to the ease of handling, less maintenance, and fast transport, the hermetic type is expected to experience the highest CAGR of 8.47 % during the same span. Sector growth can also be due to increased demand from manufacturers of HVAC systems supported by suitability in such applications.

Electric Motor Market: Market Dynamics
Drivers
Increasing Compliance for Energy-Efficient Electric Motors
It is anticipated that the rising need of high-power consumption industries to reduce their energy consumption would drive the worldwide adoption of energy-efficient Electric Motors. Electric Motors can account for about 70 percent of total energy consumption in the manufacturing sector, and the highest electricity consumption comes from the operation of compressors.

Restrain
Variation in prices of raw materials
A few manufacturers in China regulate the prices of raw materials, such as permanent magnets, steel bars, copper wires, and precision thin metals, such as specialty alloys, which are used to produce electric Electric Motors. There is not a great deal of product differentiation and the product price dictates the market supremacy of such suppliers. Other manufacturers/suppliers in the industry must bear the resulting price fluctuations.

Electric Motor Market: Regions
Electric Motor Market is segmented based on regional analysis into five major regions. These include North America, Latin America, Europe, APAC and MENA.

Electric Motor Market in North America held the largest market share of XX.X% in the year 2018 and is anticipated to secure the leading position during the forecast period. This is due to economic development and aerospace industry expansion. The US is a leader in the market for Electric Motors. Therefore, among the North American nations, the market share of Electric Motors is largest.

Due to rapid industrialization, the Asia Pacific countries are expected to be the largest Electric Motor market during the forecast period and are moving towards internet-based industrial operations in each industry. The developing countries in the Asia Pacific region, such as South Korea, Japan and Australia, are increasingly exploring the potential of creative services and connected devices, according to the GSM Association.

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