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Download Free sampleMotor is a kind of electromagnetic device that realizes electric energy conversion or transmission according to the law of electromagnetic induction. As a basic product in industrial society, motor plays an important role in national production and life.
Motor Market contains market size and forecasts of Motor in Global, including the following market information:
Global Motor Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Motor market was valued at 143740 million in 2021 and is projected to reach US$ 224900 million by 2028, at a CAGR of 6.6% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Industrial and Control Motors Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Motor include ABB, Siemens, WEG, Regal Beloit, Nidec, GE, TMEIC, SEVA-tec and Wolong, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Motor companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Motor Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Motor Market Segment Percentages, by Type, 2021 (%)
Industrial and Control Motors
Micro Motor
Global Motor Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Motor Market Segment Percentages, by Application, 2021 (%)
Industrial Machinery
Automobile
HVAC
Aviation and Transportation
Home Appliance
Others
Global Motor Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Motor 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 Motor revenues in global market, 2017-2022 (estimated), ($ millions)
Key companies Motor revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
ABB
Siemens
WEG
Regal Beloit
Nidec
GE
TMEIC
SEVA-tec
Wolong
ANHUI WANNAN ELECTRIC MACHINE
Jiamusi Electric Machine
Shanghai Electric Machinery
Jiangsu dazhong Electromotor
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