Industrial Motors market

Industrial Motors Market - Global Outlook and Forecast 2022-2028

  • 28 January 2022
  • Machines
  • 123 Pages
  • Report code : PMR-6805082

  • 4.7 (158)

Industrial Motors Market

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Industrial Motors Market studies the Industrial Motors market. Motor is a device that transfer power between electric power and mechanical power. Just as the name implies, industrial motors are motors used in the various industries. In Industrial Motors Market , the industrial motors does not prefers to the motor used in automotive, home appliances, power tools, etc. The motors used in these applications are general called small & special electric motors.

Industrial Motors Market contains market size and forecasts of Industrial Motors in global, including the following market information:

Global Industrial Motors Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global Industrial Motors Market Sales, 2017-2022, 2023-2028, (MW)

Global top five Industrial Motors companies in 2021 (%)

The global Industrial Motors market was valued at 53450 million in 2021 and is projected to reach US$ 66020 million by 2028, at a CAGR of 3.1% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

High Voltage Motor Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Industrial Motors include ABB, Siemens, Mitsubishi, GE, HITACHI, Nidec, Toshiba, Regal Beloit and WEG, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

We surveyed the Industrial Motors manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Industrial Motors Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (MW)

Global Industrial Motors Market Segment Percentages, by Type, 2021 (%)

High Voltage Motor

Low Voltage Motor

Global Industrial Motors Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (MW)

Global Industrial Motors Market Segment Percentages, by Application, 2021 (%)

Oil & Gas

Power Generation

Mining & Metal

Industrial Machinery

Others

Global Industrial Motors Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (MW)

Global Industrial Motors Market Segment Percentages, By Region and Country, 2021 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Industrial Motors revenues in global market, 2017-2022 (Estimated), ($ millions)

Key companies Industrial Motors revenues share in global market, 2021 (%)

Key companies Industrial Motors sales in global market, 2017-2022 (Estimated), (MW)

Key companies Industrial Motors sales share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

ABB

Siemens

Mitsubishi

GE

HITACHI

Nidec

Toshiba

Regal Beloit

WEG

Teco

Emerson

MEIDENSHA

Wolong Electric

Rockwell Automation

Franklin Electric

Zhongda Motor

XIZI FORVORDA

Ametek

Allied Motion

JEUMONT

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