Table of Content


1 INTRODUCTION (Page No. - 43)
    1.1 STUDY OBJECTIVES 
    1.2 MARKET DEFINITION 
    1.3 INCLUSIONS AND EXCLUSIONS 
           1.3.1 ELECTRIC MOTORS MARKET, BY TYPE
           1.3.2 ELECTRIC MOTOR MARKET, BY POWER RATING
           1.3.3 ELECTRIC MOTOR MARKET, BY VOLTAGE
           1.3.4 ELECTRIC MOTOR MARKET, BY END USER
           1.3.5 ELECTRIC MOTOR MARKET, BY ROTOR TYPE
           1.3.6 ELECTRIC MOTOR MARKET, BY OUTPUT POWER
    1.4 MARKET SCOPE 
           1.4.1 ELECTRIC MOTOR MARKET SEGMENTATION
           1.4.2 YEARS CONSIDERED
    1.5 UNITS CONSIDERED 
    1.6 CURRENCY CONSIDERED 
    1.7 LIMITATIONS 
    1.8 STAKEHOLDERS 
    1.9 SUMMARY OF CHANGES 
2 RESEARCH METHODOLOGY (Page No. - 50)
    2.1 RESEARCH DATA 
    2.2 MARKET BREAKDOWN AND DATA TRIANGULATION 
           2.2.1 SECONDARY DATA
                    2.2.1.1 Key data from secondary sources
           2.2.2 PRIMARY DATA
                    2.2.2.1 Key data from primary sources
                    2.2.2.2 Breakdown of primaries
    2.3 METRICS CONSIDERED FOR ASSESSING DEMAND FOR ELECTRIC MOTORS 
    2.4 MARKET SIZE ESTIMATION 
           2.4.1 BOTTOM-UP APPROACH
                    2.4.1.1 Approach to derive market size using bottom-up analysis
           2.4.2 TOP-DOWN APPROACH
                    2.4.2.1 Approach to derive market size using top-down analysis
           2.4.3 DEMAND-SIDE ANALYSIS
                    2.4.3.1 Calculations
                    2.4.3.2 Assumptions
           2.4.4 SUPPLY-SIDE ANALYSIS
                    2.4.4.1 Calculations
                    2.4.4.2 Assumptions
           2.4.5 FORECAST
3 EXECUTIVE SUMMARY (Page No. - 62)
4 PREMIUM INSIGHTS (Page No. - 67)
    4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN ELECTRIC MOTORS MARKET 
    4.2 ELECTRIC MOTORS MARKET IN ASIA PACIFIC, BY TYPE AND COUNTRY 
    4.3 ELECTRIC MOTOR MARKET, BY TYPE 
    4.4 ELECTRIC MOTOR MARKET, BY POWER RATING 
    4.5 ELECTRIC MOTOR MARKET, BY VOLTAGE 
    4.6 ELECTRIC MOTOR MARKET, BY ROTOR TYPE 
    4.7 ELECTRIC MOTOR MARKET, BY OUTPUT POWER 
    4.8 ELECTRIC MOTOR MARKET, BY END USER 
5 MARKET OVERVIEW (Page No. - 71)
    5.1 INTRODUCTION 
    5.2 MARKET DYNAMICS 
           5.2.1 DRIVERS
                    5.2.1.1 Increasing demand for HVAC systems in residential, commercial, and industrial sectors
                    5.2.1.2 Growing demand in manufacturing industries
                    5.2.1.3 Adoption of industrial automation and robotics and shift toward smart manufacturing
                    5.2.1.4 Rising demand for energy-efficient motors
                    5.2.1.5 Increasing mechanization in agriculture sector
           5.2.2 RESTRAINTS
                    5.2.2.1 Fluctuating prices of raw materials
                    5.2.2.2 Implementation of stringent regulatory standards
           5.2.3 OPPORTUNITIES
                    5.2.3.1 Transition of automotive industry toward electric vehicles
                    5.2.3.2 Growing adoption of robotics technology
           5.2.4 CHALLENGES
                    5.2.4.1 Easy availability of low-quality and inexpensive electric motors
                    5.2.4.2 Shortage of components and supply chain issues
    5.3 TRENDS/DISRUPTIONS IMPACTING CUSTOMER'S BUSINESS 
    5.4 VALUE CHAIN ANALYSIS 
    5.5 VALUE CHAIN ANALYSIS: ELECTRIC MOTOR MARKET 
           5.5.1 RAW MATERIAL PROVIDERS
           5.5.2 MANUFACTURERS
           5.5.3 DISTRIBUTORS/RESELLERS
           5.5.4 END USERS
           5.5.5 MAINTENANCE/SERVICE PROVIDERS
    5.6 ECOSYSTEM ANALYSIS 
    5.7 ELECTRIC MOTORS MARKET: ECOSYSTEM MAPPING 
    5.8 MACROECONOMIC INDICATORS 
           5.8.1 INTRODUCTION
           5.8.2 GDP TRENDS AND FORECASTS
           5.8.3 MANUFACTURING, VALUE ADDED (CURRENT USD)
    5.9 CASE STUDY ANALYSIS 
           5.9.1 ENHANCING MOTOR SYSTEM EFFICIENCY THROUGH DIGITALIZATION
           5.9.2 BUILDING A SUSTAINABLE ELECTRIC MOTOR SUPPLY CHAIN IN UK
    5.1 ELECTRIC MOTOR MARKET: FUNDING LANDSCAPE 
    5.11 TECHNOLOGY ANALYSIS 
           5.11.1 KEY TECHNOLOGIES
                    5.11.1.1 Integration of IoT
           5.11.2 COMPLEMENTARY TECHNOLOGIES
                    5.11.2.1 Variable frequency drive
    5.12 TRADE ANALYSIS 
           5.12.1 HS CODE 850110
                    5.12.1.1 Export scenario
                    5.12.1.2 Import scenario
           5.12.2 HS CODE 850120
                    5.12.2.1 Export scenario
                    5.12.2.2 Import scenario
    5.13 PATENT ANALYSIS 
           5.13.1 LIST OF MAJOR PATENTS
    5.14 KEY CONFERENCES AND EVENTS 
    5.15 PRICING ANALYSIS 
           5.15.1 AVERAGE SELLING PRICE OF ELECTRIC MOTORS OFFERED BY KEY PLAYERS, BY TYPE
    5.16 TARIFFS AND REGULATORY LANDSCAPE 
           5.16.1 TARIFFS RELATED TO ELECTRIC MOTORS
    5.17 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 
           5.17.1 ELECTRIC MOTOR MARKET: CODES AND REGULATIONS
    5.18 PORTER'S FIVE FORCES ANALYSIS 
           5.18.1 THREAT OF SUBSTITUTES
           5.18.2 BARGAINING POWER OF SUPPLIERS
           5.18.3 BARGAINING POWER OF BUYERS
           5.18.4 THREAT OF NEW ENTRANTS
           5.18.5 INTENSITY OF COMPETITIVE RIVALRY
    5.19 KEY STAKEHOLDERS AND BUYING CRITERIA 
           5.19.1 KEY STAKEHOLDERS IN BUYING PROCESS
           5.19.2 BUYING CRITERIA
    5.2 IMPACT OF GENERATIVE AI/AI IN ELECTRIC AC MOTOR MARKET 
           5.20.1 ADOPTION OF GENERATIVE AI/AI IN ELECTRIC DC MOTOR MARKET
           5.20.2 IMPACT OF GENERATIVE AI/AI ON KEY END USERS, BY REGION
           5.20.3 IMPACT OF AI ON ELECTRIC BLDC MOTOR MARKET, BY REGION
6 ELECTRIC MOTORS MARKET, BY TYPE (Page No. - 106)
    6.1 INTRODUCTION 
    6.2 AC MOTORS 
           6.2.1 LOW MAINTENANCE AND HIGH POWER TO DRIVE DEMAND
    6.3 INDUCTION AC MOTORS 
           6.3.1 MOST COMMONLY USED ELECTRIC MOTORS DUE TO THEIR SIMPLICITY AND COST-EFFECTIVENESS
    6.4 SYNCHRONOUS AC MOTORS 
           6.4.1 ASIA PACIFIC TO BE FASTEST-GROWING MARKET FOR SYNCHRONOUS MOTORS
    6.5 DC MOTORS 
           6.5.1 EXCELLENT SPEED CONTROL AND HIGH STARTING TORQUE TO PROPEL DEMAND
    6.6 BRUSHED DC MOTORS 
           6.6.1 BRUSHED MOTORS TRADITIONALLY PREFERRED DUE TO THEIR EASE OF CONTROL AND COST-EFFECTIVENESS
    6.7 BRUSHLESS DC MOTORS 
           6.7.1 OFFERS HIGHER EFFICIENCY AND LONGER LIFESPAN THAN OTHER DC MOTORS
7 ELECTRIC MOTORS MARKET, BY POWER RATING (Page No. - 116)
    7.1 INTRODUCTION 
    7.2 <1 KW MOTORS 
           7.2.1 RISING NEED FOR LOW-MAINTENANCE AND HIGHLY EFFICIENT MOTORS EXPECTED TO DRIVE MARKET
    7.3 1−2.2 KW MOTORS 
           7.3.1 GROWTH OF WATER & WASTEWATER TREATMENT SECTOR TO BOOST DEMAND
    7.4 2.2–375 KW MOTORS 
           7.4.1 INCREASING DEMAND IN HEAVY INDUSTRIES TO FUEL MARKET GROWTH
    7.5 375−900 KW MOTORS 
           7.5.1 INCREASING DEPLOYMENT IN INDUSTRIAL AND TRANSPORTATION SECTORS TO DRIVE MARKET
    7.6 >900 KW MOTORS 
           7.6.1 ASIA PACIFIC TO DOMINATE MARKET FOR >900 KW MOTORS SEGMENT DURING FORECAST
8 ELECTRIC MOTORS MARKET, BY VOLTAGE (Page No. - 124)
    8.1 INTRODUCTION 
    8.2 LOW VOLTAGE 
           8.2.1 EASE OF OPERATION AND LOW SETUP AND MAINTENANCE COSTS TO DRIVE MARKET
    8.3 MEDIUM VOLTAGE 
           8.3.1 OFFER ECONOMIES OF SCALE AND HIGH RELIABILITY
    8.4 HIGH VOLTAGE 
           8.4.1 RISING AUTOMATION AND INDUSTRIALIZATION IN DEVELOPING COUNTRIES TO DRIVE MARKET
9 ELECTRIC MOTORS MARKET, BY ROTOR TYPE (Page No. - 129)
    9.1 INTRODUCTION 
    9.2 INNER ROTOR 
           9.2.1 INNER ROTOR TO DOMINATE OVERALL MARKET DURING FORECAST PERIOD
    9.3 OUTER ROTOR 
           9.3.1 GROWTH OF MEDICAL EQUIPMENT MARKET TO CREATE DEMAND FOR OUTER ROTOR MOTORS
10 ELECTRIC MOTORS MARKET, BY OUTPUT POWER (Page No. - 133)
     10.1 INTRODUCTION 
     10.2 <1 HP MOTORS 
             10.2.1 <1 HP MOTORS TO DOMINATE OVERALL MARKET DURING FORECAST PERIOD
     10.3 >1 HP MOTORS 
             10.3.1 GROWTH IN INDUSTRIAL SECTOR TO BOOST DEMAND
11 ELECTRIC MOTORS MARKET, BY END USER (Page No. - 137)
     11.1 INTRODUCTION 
     11.2 INDUSTRIAL 
             11.2.1 INDUSTRIAL SECTOR TO BE DOMINANT END USER OF ELECTRIC MOTORS
             11.2.2 MINING & METALS
             11.2.3 CHEMICAL & PETROCHEMICAL
             11.2.4 OIL & GAS
             11.2.5 CEMENT
             11.2.6 MANUFACTURING
             11.2.7 UTILITIES
             11.2.8 RENEWABLES
             11.2.9 AEROSPACE & DEFENSE
               11.2.10 FOOD & BEVERAGE
               11.2.11 AUTOMATION
               11.2.12 WATER & WASTEWATER TREATMENT
     11.3 COMMERCIAL 
             11.3.1 GROWING SMART INFRASTRUCTURE IN DEVELOPED COUNTRIES TO DRIVE MARKET
             11.3.2 HOSPITALS
             11.3.3 OFFICES
             11.3.4 EDUCATIONAL INSTITUTIONS
             11.3.5 HOTELS
             11.3.6 OTHERS
     11.4 RESIDENTIAL 
             11.4.1 RAPID URBANIZATION AND GROWING POPULATION TO INCREASE USE OF ELECTRIC MOTORS
             11.4.2 APARTMENTS
             11.4.3 SINGLE HOUSEHOLDS
     11.5 TRANSPORTATION 
             11.5.1 INCORPORATION OF NEW ICT TECHNOLOGIES IN VEHICLES TO INCREASE USE OF ELECTRIC MOTORS
             11.5.2 MARINE
             11.5.3 AUTOMOTIVE
             11.5.4 RAILWAYS
             11.5.5 OTHERS
     11.6 AGRICULTURE 
             11.6.1 TRANSITION TO MECHANIZED AGRICULTURE SYSTEMS TO INCREASE DEMAND FOR ELECTRIC MOTORS
             11.6.2 CROP FARMING
             11.6.3 LIVESTOCK FARMING
12 ELECTRIC MOTORS MARKET, BY REGION (Page No. - 151)
     12.1 INTRODUCTION 
     12.2 ASIA PACIFIC 
             12.2.1 CHINA
                       12.2.1.1 Rapid industrialization driving demand for electric motors in China
             12.2.2 JAPAN
                       12.2.2.1 Growing automotive and aerospace industries fueling demand for electric motors
             12.2.3 INDIA
                       12.2.3.1 Rapid urbanization and infrastructure development to support market growth
             12.2.4 SOUTH KOREA
                       12.2.4.1 Growing electronics, automotive, and robotics sectors to drive market in South Korea
             12.2.5 AUSTRALIA
                       12.2.5.1 Investments in renewable energy projects to contribute to market growth
             12.2.6 REST OF ASIA PACIFIC
     12.3 EUROPE 
             12.3.1 GERMANY
                       12.3.1.1 Automotive industry to dominate electric BLDC motor market in Germany
             12.3.2 UK
                       12.3.2.1 UK’s commitment to energy efficiency to fuel demand for electric motors
             12.3.3 ITALY
                       12.3.3.1 Industrial sector to be largest end user of electric motors
             12.3.4 FRANCE
                       12.3.4.1 Increasing adoption of energy-efficient technologies to support market growth
             12.3.5 RUSSIA
                       12.3.5.1 Growth of electric vehicles market to generate demand for electric motors
             12.3.6 SWEDEN
                       12.3.6.1 Industrial and manufacturing sectors to fuel demand for electric motors
             12.3.7 NORWAY
                       12.3.7.1 Strong hydropower sector to contribute to growth of electric motor market
             12.3.8 DENMARK
                       12.3.8.1 Presence of strong wind energy sector to create high demand for electric motors
             12.3.9 REST OF EUROPE
     12.4 NORTH AMERICA 
             12.4.1 US
                       12.4.1.1 Infrastructure and renewable energy initiatives to support market growth
             12.4.2 CANADA
                       12.4.2.1 Increasing industrial automation and rising adoption of electric vehicles boosting market
             12.4.3 MEXICO
                       12.4.3.1 Investments and technological advancements playing vital role in Mexican electric AC motor market
     12.5 MIDDLE EAST & AFRICA 
             12.5.1 GCC
                                   12.5.1.1.1 Significant investments in solar and wind energy projects to support demand for electric motors
                       12.5.1.2 Saudi Arabia
                                   12.5.1.2.1 Implementation of mega projects fueling demand for electric motors
                       12.5.1.3 UAE
                                   12.5.1.3.1 Smart city projects to boost demand for electric motors in UAE
                       12.5.1.4 Rest of GCC
                       12.5.1.5 South Africa
                                   12.5.1.5.1 Government initiatives to drive market in South Africa
                       12.5.1.6 Rest of Middle East & Africa
             12.5.2 SOUTH AMERICA
             12.5.3 BRAZIL
                       12.5.3.1 Expansion in energy sector to provide growth opportunities for electric motors market
             12.5.4 ARGENTINA
                       12.5.4.1 Government initiatives to promote industrial growth to support market growth
             12.5.5 REST OF SOUTH AMERICA
13 COMPETITIVE LANDSCAPE (Page No. - 330)
     13.1 OVERVIEW 
     13.2 KEY PLAYER STRATEGIES/RIGHT TO WIN, 2020–2024 
     13.3 MARKET SHARE ANALYSIS, 2023 
     13.4 REVENUE ANALYSIS OF TOP FOUR PLAYERS, 2019–2023 
     13.5 COMPANY VALUATION AND FINANCIAL METRICS 
     13.6 BRAND/PRODUCT COMPARISON 
     13.7 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023 
             13.7.1 STARS
             13.7.2 EMERGING LEADERS
             13.7.3 PERVASIVE PLAYERS
             13.7.4 PARTICIPANTS
             13.7.5 COMPANY FOOTPRINT: KEY PLAYERS, 2023
                       13.7.5.1 Company footprint
                       13.7.5.2 Type footprint
                       13.7.5.3 Power rating footprint
                       13.7.5.4 Voltage footprint
                       13.7.5.5 End user footprint
                       13.7.5.6 Region footprint
     13.8 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023 
             13.8.1 PROGRESSIVE COMPANIES
             13.8.2 RESPONSIVE COMPANIES
             13.8.3 DYNAMIC COMPANIES
             13.8.4 STARTING BLOCKS
             13.8.5 COMPETITIVE BENCHMARKING
                       13.8.5.1 Detailed list of key startups/SMEs
                       13.8.5.2 Competitive benchmarking of key startups/SMEs
     13.9 COMPETITIVE SCENARIOS 
             13.9.1 PRODUCT LAUNCHES
             13.9.2 DEALS
             13.9.3 EXPANSIONS
             13.9.4 OTHER DEVELOPMENTS
14 COMPANY PROFILES (Page No. - 356)
     14.1 KEY PLAYERS 
             14.1.1 ABB
                       14.1.1.1 Business overview
                       14.1.1.2 Products/Services/Solutions offered
                       14.1.1.3 Recent developments
                                   14.1.1.3.1 Product launches
                                   14.1.1.3.2 Deals
                                   14.1.1.3.3 Other developments
                       14.1.1.4 MnM view
                                   14.1.1.4.1 Key strengths
                                   14.1.1.4.2 Strategic choices
                                   14.1.1.4.3 Weaknesses and competitive threats
             14.1.2 SIEMENS
                       14.1.2.1 Business overview
                       14.1.2.2 Products/Services/Solutions offered
                       14.1.2.3 Recent developments
                                   14.1.2.3.1 Product launches
                                   14.1.2.3.2 Deals
                                   14.1.2.3.3 Other developments
                                   14.1.2.3.4 Expansions
                       14.1.2.4 MnM view
                                   14.1.2.4.1 Key strengths
                                   14.1.2.4.2 Strategic choices
                                   14.1.2.4.3 Weaknesses and competitive threats
             14.1.3 NIDEC CORPORATION
                       14.1.3.1 Business overview
                       14.1.3.2 Products/Services/Solutions offered
                       14.1.3.3 Recent developments
                                   14.1.3.3.1 Product launches
                                   14.1.3.3.2 Deals
                                   14.1.3.3.3 Expansions
                       14.1.3.4 MnM view
                                   14.1.3.4.1 Key strengths
                                   14.1.3.4.2 Strategic choices
                                   14.1.3.4.3 Weaknesses and competitive threats
             14.1.4 HITACHI, LTD
                       14.1.4.1 Business overview
                       14.1.4.2 Products/Services/Solutions offered
                       14.1.4.3 MnM view
                                   14.1.4.3.1 Key strengths
                                   14.1.4.3.2 Strategic choices
                                   14.1.4.3.3 Weaknesses and competitive threats
             14.1.5 WEG
                       14.1.5.1 Business overview
                       14.1.5.2 Products/Services/Solutions offered
                       14.1.5.3 Recent developments
                                   14.1.5.3.1 Product launches
                                   14.1.5.3.2 Deals
                                   14.1.5.3.3 Other developments
                       14.1.5.4 MnM view
                                   14.1.5.4.1 Key strengths
                                   14.1.5.4.2 Strategic choices
                                   14.1.5.4.3 Weaknesses and competitive threats
             14.1.6 WOLONG ELECTRIC GROUP
                       14.1.6.1 Business overview
                       14.1.6.2 Products/Services/Solutions offered
                       14.1.6.3 Recent developments
                                   14.1.6.3.1 Product launches
                                   14.1.6.3.2 Deals
                       14.1.6.4 MnM view
                                   14.1.6.4.1 Key strengths
                                   14.1.6.4.2 Strategic choices
                                   14.1.6.4.3 Weaknesses and competitive threats
             14.1.7 ROBERT BOSCH GMBH
                       14.1.7.1 Business overview
                       14.1.7.2 Products/Services/Solutions offered
             14.1.8 REGAL REXNORD CORPORATION
                       14.1.8.1 Business overview
                       14.1.8.2 Products/Services/Solutions offered
                       14.1.8.3 Recent developments
                                   14.1.8.3.1 Product launches
                                   14.1.8.3.2 Deals
             14.1.9 TOSHIBA CORPORATION
                       14.1.9.1 Business overview
                       14.1.9.2 Products/Services/Solutions offered
                       14.1.9.3 Recent developments
                                   14.1.9.3.1 Product launches
                                   14.1.9.3.2 Deals
               14.1.10 ROCKWELL AUTOMATION
            14.1.10.1 Business overview
            14.1.10.2 Products/Solutions/Services offered
            14.1.10.3 Recent developments
                     14.1.10.3.1 Product launches
                     14.1.10.3.2 Deals
               14.1.11 FRANKLIN ELECTRIC
            14.1.11.1 Business overview
            14.1.11.2 Products/Solutions/Services offered
            14.1.11.3 Recent developments
                     14.1.11.3.1 Deals
               14.1.12 HYOSUNG HEAVY INDUSTRIES
            14.1.12.1 Business overview
            14.1.12.2 Products/Services/Solutions offered
               14.1.13 TECO ELECTRIC & MACHINERY
            14.1.13.1 Business overview
            14.1.13.2 Products/Services/Solutions offered
               14.1.14 JOHNSON ELECTRIC HOLDINGS LIMITED
            14.1.14.1 Business overview
            14.1.14.2 Products/Services/Solutions offered
            14.1.14.3 Recent developments
                     14.1.14.3.1 Product launches
                     14.1.14.3.2 Deals
               14.1.15 AMETEK, INC.
            14.1.15.1 Business overview
            14.1.15.2 Products/Solutions/Services offered
            14.1.15.3 Recent developments
                     14.1.15.3.1 Product launches
                     14.1.15.3.2 Deals
               14.1.16 ALLIED MOTION, INC.
            14.1.16.1 Business overview
            14.1.16.2 Products/Solutions/Services offered
            14.1.16.3 Recent developments
                     14.1.16.3.1 Deals
               14.1.17 BÜHLER MOTOR GMBH
            14.1.17.1 Business overview
            14.1.17.2 Products/Solutions/Services offered
               14.1.18 FAULHABER GROUP
            14.1.18.1 Business overview
            14.1.18.2 Products/Services/Solutions offered
            14.1.18.3 Recent developments
                     14.1.18.3.1 Product launches
               14.1.19 MAXON
            14.1.19.1 Business overview
            14.1.19.2 Products/Solutions/Services offered
            14.1.19.3 Recent developments
                     14.1.19.3.1 Product launches
               14.1.20 ARC SYSTEMS INC.
            14.1.20.1 Business overview
            14.1.20.2 Products/Solutions/Services offered
     14.2 WINDINGS INC 
     14.3 BROOK CROMPTON HOLDINGS PTE LTD. 
     14.4 YASKAWA ELECTRIC CORPORATION 
     14.5 SHANDONG HUALI ELECTROMECHANICAL CO., LTD. 
     14.6 PIELA ELECTRIC, INC. 
15 APPENDIX (Page No. - 430)
     15.1 INSIGHTS OF INDUSTRY EXPERTS 
     15.2 DISCUSSION GUIDE 
     15.3 KNOWLEDGESTORE: MARKETSANDMARKETS’  SUBSCRIPTION PORTAL 
     15.4 CUSTOMIZATION OPTIONS 
     15.5 RELATED REPORTS 
     15.6 AUTHOR DETAILS 


List of Figures


FIGURE 1 ELECTRIC MOTORS MARKET: RESEARCH DESIGN 50
FIGURE 2 ELECTRIC MOTORS MARKET: DATA TRIANGULATION 51
FIGURE 3 MAIN METRICS CONSIDERED FOR ASSESSING DEMAND FOR ELECTRIC MOTORS 54
FIGURE 4 ELECTRIC MOTORS MARKET: BOTTOM-UP APPROACH 55
FIGURE 5 ELECTRIC MOTORS MARKET: TOP-DOWN APPROACH 56
FIGURE 6 ELECTRIC MOTORS MARKET: REGION-WISE ANALYSIS 56
FIGURE 7 ELECTRIC MOTORS MARKET: SUPPLY-SIDE ANALYSIS 58
FIGURE 8 KEY METRICS CONSIDERED FOR ASSESSING SUPPLY OF ELECTRIC MOTORS 59
FIGURE 9 COMPANY REVENUE ANALYSIS, 2023 60
FIGURE 10 ASIA PACIFIC DOMINATED ELECTRIC MOTORS MARKET IN 2023 63
FIGURE 11 AC MOTORS TO HOLD LARGER MARKET SHARE DURING FORECAST PERIOD 64
FIGURE 12 <1 KW SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE DURING
FORECAST PERIOD 64
FIGURE 13 MEDIUM VOLTAGE MOTORS SEGMENT TO LEAD OVERALL ELECTRIC MOTORS MARKET DURING FORECAST PERIOD 65
FIGURE 14 INNER ROTOR SEGMENT TO DOMINATE OVERALL MARKET DURING
FORECAST PERIOD 65
FIGURE 15 <1 HP MOTORS SEGMENT TO LEAD ELECTRIC MOTORS MARKET DURING FORECAST PERIOD 66
FIGURE 16 INDUSTRIAL SEGMENT TO DOMINATE ELECTRIC MOTORS MARKET DURING FORECAST PERIOD 66
FIGURE 17 RISING DEMAND FOR ENERGY-EFFICIENT AND LOW-COST MAINTENANCE
MOTORS TO DRIVE MARKET 67
FIGURE 18 CHINA TO DOMINATE ELECTRIC MOTORS MARKET IN ASIA PACIFIC 67
FIGURE 19 AC MOTORS TO ACCOUNT FOR LARGER MARKET SHARE DURING
FORECAST PERIOD 68
FIGURE 20 <1 KW ELECTRIC MOTORS SEGMENT TO ACCOUNTED FOR LARGEST
MARKET SHARE IN 2029 68
FIGURE 21 MEDIUM VOLTAGE MOTORS TO ACCOUNT FOR LARGEST SHARE OF
OVERALL MARKET IN 2029 69
FIGURE 22 INNER ROTOR SEGMENT TO DOMINATE ELECTRIC MOTORS MARKET 69
FIGURE 23 <1 HP ELECTRIC MOTORS SEGMENT TO DOMINATE MARKET DURING
FORECAST PERIOD 69
FIGURE 24 INDUSTRIAL TO BE LARGEST END USER OF ELECTRIC MOTORS DURING FORECAST PERIOD 70
FIGURE 25 ELECTRIC MOTORS MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES AND CHALLENGES 71
FIGURE 26 GLOBAL EV SALES, 2020?2023 (THOUSAND UNITS) 75
FIGURE 27 GLOBAL INSTALLATIONS OF INDUSTRIAL ROBOT, 2015–2022 76
FIGURE 28 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS 77
FIGURE 29 FUNDING FOR PLAYERS IN ELECTRIC MOTORS MARKET (UPTO 2024) 83
FIGURE 30 EXPORT DATA FOR MOTORS OF OUTPUT <= 37.5 W FOR TOP 5 COUNTRIES 2021–2023 85
FIGURE 31 IMPORT DATA FOR MOTORS OF OUTPUT <= 37.5 W FOR TOP 5 COUNTRIES 2021–2023 86
FIGURE 32 EXPORT DATA FOR UNIVERSAL AC-DC MOTORS OF OUTPUT > 37.5 W FOR TOP 5 COUNTRIES, 2021–2023 88
FIGURE 33 IMPORT DATA FOR UNIVERSAL AC-DC MOTORS OF OUTPUT > 37.5 W FOR TOP 5 COUNTRIES, 2021–2023 89
FIGURE 34 INNOVATIONS AND PATENT REGISTRATIONS PERTAINING TO ELECTRIC MOTORS, 2013–2023 90
FIGURE 35 AVERAGE SELLING PRICE OF ELECTRIC MOTORS OFFERED BY THREE KEY PLAYERS, BY TYPE (USD/UNIT) 93
FIGURE 36 AVERAGE PRICING ANALYSIS, BY REGION (USD/UNIT) 94
FIGURE 37 ELECTRIC MOTORS MARKET: PORTER’S FIVE FORCES ANALYSIS 100
FIGURE 38 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS, BY END USER 102
FIGURE 39 KEY BUYING CRITERIA FOR END USERS 103
FIGURE 40 IMPACT OF GENERATIVE AI/AI ON END USERS, BY REGION 104
FIGURE 41 ELECTRIC MOTOR MARKET SHARE, BY TYPE 107
FIGURE 42 ELECTRIC MOTORS MARKET SHARE, BY POWER RATING 117
FIGURE 43 ELECTRIC MOTORS MARKET SHARE, BY VOLTAGE 125
FIGURE 44 ELECTRIC MOTORS MARKET SHARE, BY ROTOR TYPE, 2023 130
FIGURE 45 ELECTRIC MOTORS MARKET SHARE, BY OUTPUT POWER 134
FIGURE 46 ELECTRIC MOTORS MARKET SHARE, BY END USER 138
FIGURE 47 ASIA PACIFIC TO REGISTER HIGHEST CAGR IN ELECTRIC MOTORS MARKET DURING FORECAST PERIOD 152
FIGURE 48 ELECTRIC MOTORS MARKET SHARE, BY REGION (2023) 153
FIGURE 49 ASIA PACIFIC: ELECTRIC MOTORS MARKET SNAPSHOT 155
FIGURE 50 EUROPE: ELECTRIC MOTORS MARKET SNAPSHOT 193
FIGURE 51 ELECTRIC MOTORS MARKET SHARE ANALYSIS, 2023 332
FIGURE 52 ELECTRIC MOTORS MARKET: REVENUE ANALYSIS OF FOUR KEY PLAYERS 2019–2023 333
FIGURE 53 ELECTRIC MOTORS MARKET: FINANCIAL METRICS (EV/EBITDA) 333
FIGURE 54 ELECTRIC MOTORS MARKET: COMPANY VALUATION 334
FIGURE 55 ELECTRIC MOTORS MARKET: BRAND/PRODUCT COMPARISON 335
FIGURE 56 ELECTRIC MOTORS MARKET: COMPANY EVALUATION MATRIX
(KEY PLAYERS), 2023 337
FIGURE 57 ELECTRIC MOTORS MARKET: COMPANY FOOTPRINT 338
FIGURE 58 ELECTRIC MOTORS MARKET: COMPANY EVALUATION MATRIX
(STARTUPS/SMES), 2023 345
FIGURE 59 ABB: COMPANY SNAPSHOT, 2023 357
FIGURE 60 SIEMENS: COMPANY SNAPSHOT, 2023 364
FIGURE 61 NIDEC CORPORATION: COMPANY SNAPSHOT, 2023 369
FIGURE 62 HITACHI: COMPANY SNAPSHOT, 2023 375
FIGURE 63 WEG: COMPANY SNAPSHOT, 2023 378
FIGURE 64 ROBERT BOSCH GMBH: COMPANY SNAPSHOT, 2023 386
FIGURE 65 REGAL REXNORD CORPORATION: COMPANY SNAPSHOT, 2023 389
FIGURE 66 TOSHIBA CORPORATION: COMPANY SNAPSHOT, 2022 393
FIGURE 67 ROCKWELL AUTOMATION: COMPANY SNAPSHOT, 2023 397
FIGURE 68 FRANKLIN ELECTRIC: COMPANY SNAPSHOT, 2023 401
FIGURE 69 HYOSUNG HEAVY INDUSTRIES: COMPANY SNAPSHOT, 2022 403
FIGURE 70 TECO ELECTRIC & MACHINERY: COMPANY SNAPSHOT, 2023 406
FIGURE 71 JOHNSON ELECTRIC HOLDINGS LIMITED: COMPANY SNAPSHOT, 2023 409
FIGURE 72 AMETEK, INC.: COMPANY SNAPSHOT, 2023 414
FIGURE 73 ALLIED MOTION, INC.: COMPANY SNAPSHOT, 2023 417

List of Tables


TABLE 1 ELECTRIC MOTORS MARKET SNAPSHOT 62
TABLE 2 ELECTRIC MOTORS MARKET: COMPANIES AND THEIR ROLE IN ECOSYSTEM 79
TABLE 3 WORLD GDP GROWTH PROJECTION, 2021–2028 (USD TRILLION) 80
TABLE 4 MANUFACTURING, VALUE ADDED (CURRENT USD), 2020–2023 (USD BILLION) 81
TABLE 5 EXPORT DATA FOR HS CODE 850110, BY COUNTRY, 2021–2023 (USD THOUSAND) 84
TABLE 6 IMPORT SCENARIO FOR HS CODE 850110, BY COUNTRY, 2021–2023 (USD THOUSAND) 85
TABLE 7 EXPORT DATA FOR HS CODE 850120, BY COUNTRY, 2021–2023 (USD THOUSAND) 87
TABLE 8 IMPORT SCENARIO FOR HS CODE 850120, BY COUNTRY, 2021–2023 (USD THOUSAND) 88
TABLE 9 ELECTRIC MOTORS MARKET: LIST OF CONFERENCES AND EVENTS, 2023–2024 92
TABLE 10 AVERAGE SELLING PRICE (ASP) OF ELECTRIC MOTORS OFFERED BY THREE KEY PLAYERS, BY TYPE (USD/UNIT) 93
TABLE 11 AVERAGE PRICING ANALYSIS, BY REGION (USD/UNIT) 94
TABLE 12 AVERAGE MANUFACTURING COST OF ELECTRIC MOTORS, BY END USER (USD) 94
TABLE 13 PROFIT MARGIN (%) OF ELECTRIC MOTORS, BY END USER (USD) 94
TABLE 14 IMPORT TARIFFS FOR HS 850110-COMPLIANT PRODUCTS, 2023 95
TABLE 15 IMPORT TARIFFS FOR HS 850120-COMPLIANT PRODUCTS, 2023 96
TABLE 16 NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 96
TABLE 17 EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 97
TABLE 18 ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 97
TABLE 19 MIDDLE EAST & AFRICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 97
TABLE 20 NORTH AMERICA: CODES AND REGULATIONS 98
TABLE 21 ASIA PACIFIC: CODES AND REGULATIONS 98
TABLE 22 EUROPE: CODES AND REGULATIONS 98
TABLE 23 GLOBAL: CODES AND REGULATIONS 99
TABLE 24 ELECTRIC MOTORS MARKET: PORTER’S FIVE FORCES ANALYSIS 100
TABLE 25 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS, BY END USER 102
TABLE 26 KEY BUYING CRITERIA FOR END USERS 103
TABLE 27 ELECTRIC MOTORS MARKET, BY TYPE, 2020–2023 (USD MILLION) 107
TABLE 28 ELECTRIC MOTORS MARKET, BY TYPE, 2024–2029 (USD MILLION) 107
TABLE 29 ELECTRIC MOTORS MARKET, BY TYPE, 2020–2023 (MILLION UNIT) 108
TABLE 30 ELECTRIC MOTORS MARKET, BY TYPE, 2024–2029 (MILLION UNIT) 108
TABLE 31 AC MOTORS: ELECTRIC MOTORS MARKET, BY TYPE, 2020–2023 (USD MILLION) 108
TABLE 32 AC MOTORS: ELECTRIC MOTORS MARKET, BY TYPE, 2024–2029 (USD MILLION) 108
TABLE 33 DC MOTORS: ELECTRIC MOTORS MARKET, BY TYPE, 2020–2023 (USD MILLION) 108
TABLE 34 DC MOTORS: ELECTRIC MOTORS MARKET, BY TYPE, 2024–2029 (USD MILLION) 109
TABLE 35 AC MOTORS: ELECTRIC MOTORS MARKET, BY REGION, 2020–2023 (USD MILLION) 109
TABLE 36 AC MOTORS: ELECTRIC MOTORS MARKET, BY REGION, 2024–2029 (USD MILLION) 110
TABLE 37 INDUCTION AC MOTORS: ELECTRIC MOTORS MARKET, BY REGION, 2020–2023 (USD MILLION) 110
TABLE 38 INDUCTION AC MOTORS: ELECTRIC MOTORS MARKET, BY REGION, 2024–2029 (USD MILLION) 111
TABLE 39 SYNCHRONOUS AC MOTORS: ELECTRIC MOTORS MARKET, BY REGION, 2020–2023 (USD MILLION) 111
TABLE 40 SYNCHRONOUS AC MOTORS: ELECTRIC MOTORS MARKET, BY REGION, 2024–2029 (USD MILLION) 112
TABLE 41 DC MOTORS: ELECTRIC MOTORS MARKET, BY REGION, 2020–2023 (USD MILLION) 113
TABLE 42 DC MOTORS: ELECTRIC MOTORS MARKET, BY REGION, 2024–2029 (USD MILLION) 113
TABLE 43 BRUSHED DC MOTORS: ELECTRIC MOTORS MARKET, BY REGION, 2020–2023 (USD MILLION) 114
TABLE 44 BRUSHED DC MOTORS: ELECTRIC MOTORS MARKET, BY REGION, 2024–2029 (USD MILLION) 114
TABLE 45 BRUSHLESS DC MOTORS: ELECTRIC MOTORS MARKET, BY REGION, 2020–2023 (USD MILLION) 115
TABLE 46 BRUSHLESS DC MOTORS: ELECTRIC MOTORS MARKET, BY REGION, 2024–2029 (USD MILLION) 115
TABLE 47 ELECTRIC MOTORS MARKET, BY POWER RATING, 2020?2023 (USD MILLION) 117
TABLE 48 ELECTRIC MOTORS MARKET, BY POWER RATING, 2024–2029 (USD MILLION) 118
TABLE 49 <1 KW MOTORS: ELECTRIC MOTORS MARKET, BY REGION, 2020?2023 (USD MILLION) 118
TABLE 50 <1 KW MOTORS: ELECTRIC MOTORS MARKET, BY REGION, 2024?2029 (USD MILLION) 119
TABLE 51 1?2.2 KW MOTORS: ELECTRIC MOTORS MARKET, BY REGION, 2020?2023 (USD MILLION) 119
TABLE 52 1?2.2 KW MOTORS: ELECTRIC MOTORS MARKET, BY REGION, 2024?2029 (USD MILLION) 120
TABLE 53 2.2?375 KW MOTORS: ELECTRIC MOTORS MARKET, BY REGION, 2020?2023 (USD MILLION) 120
TABLE 54 2.2?375 KW MOTORS: ELECTRIC MOTORS MARKET, BY REGION, 2024?2029 (USD MILLION) 121
TABLE 55 375?900 KW MOTORS: ELECTRIC MOTORS MARKET, BY REGION, 2020?2023 (USD MILLION) 121
TABLE 56 375?900 KW MOTORS: ELECTRIC MOTORS MARKET, BY REGION, 2024?2029 (USD MILLION) 122
TABLE 57 >900 KW MOTORS: ELECTRIC MOTORS MARKET, BY REGION, 2020?2023 (USD MILLION) 122
TABLE 58 >900 KW MOTORS: ELECTRIC MOTORS MARKET, BY REGION, 2024?2029 (USD MILLION) 123
TABLE 59 ELECTRIC MOTORS MARKET, BY VOLTAGE, 2020–2023 (USD MILLION) 125
TABLE 60 ELECTRIC MOTORS MARKET, BY VOLTAGE, 2024–2029 (USD MILLION) 125
TABLE 61 LOW VOLTAGE: ELECTRIC MOTORS MARKET, BY REGION, 2020–2023 (USD MILLION) 126
TABLE 62 LOW VOLTAGE: ELECTRIC MOTORS MARKET, BY REGION, 2024–2029 (USD MILLION) 126
TABLE 63 MEDIUM VOLTAGE: ELECTRIC MOTORS MARKET, BY REGION, 2020–2023 (USD MILLION) 127
TABLE 64 MEDIUM VOLTAGE: ELECTRIC MOTORS MARKET, BY REGION, 2024–2029 (USD MILLION) 127
TABLE 65 HIGH VOLTAGE: ELECTRIC MOTORS MARKET, BY REGION, 2020–2023 (USD MILLION) 128
TABLE 66 HIGH VOLTAGE: ELECTRIC MOTORS MARKET, BY REGION, 2024–2029 (USD MILLION) 128
TABLE 67 ELECTRIC MOTORS MARKET, BY ROTOR TYPE, 2020–2023 (USD MILLION) 130
TABLE 68 ELECTRIC MOTORS MARKET, BY ROTOR TYPE, 2024–2029 (USD MILLION) 130
TABLE 69 INNER ROTOR: ELECTRIC MOTORS MARKET, BY REGION, 2020–2023 (USD MILLION) 131
TABLE 70 INNER ROTOR: ELECTRIC MOTORS MARKET, BY REGION, 2024–2029 (USD MILLION) 131
TABLE 71 OUTER ROTOR: ELECTRIC MOTORS MARKET, BY REGION, 2020–2023 (USD MILLION) 132
TABLE 72 OUTER ROTOR: ELECTRIC MOTORS MARKET, BY REGION, 2024–2029 (USD MILLION) 132
TABLE 73 ELECTRIC MOTORS MARKET, BY OUTPUT POWER, 2020–2023 (USD MILLION) 134
TABLE 74 ELECTRIC MOTORS MARKET, BY OUTPUT POWER, 2024–2029 (USD MILLION) 134
TABLE 75 <1 HP MOTORS: ELECTRIC MOTORS MARKET, BY REGION, 2020–2023 (USD MILLION) 135
TABLE 76 <1 HP MOTORS: ELECTRIC MOTORS MARKET, BY REGION, 2024–2029 (USD MILLION) 135
TABLE 77 >1 HP MOTORS: ELECTRIC MOTORS MARKET, BY REGION, 2020–2023 (USD MILLION) 136
TABLE 78 >1 HP MOTORS: ELECTRIC MOTORS MARKET, BY REGION, 2024–2029 (USD MILLION) 136
TABLE 79 ELECTRIC MOTORS MARKET, BY END USER, 2020–2023 (USD MILLION) 138
TABLE 80 ELECTRIC MOTORS MARKET, BY END USER, 2024–2029 (USD MILLION) 139
TABLE 81 ELECTRIC MOTORS MARKET IN INDUSTRIAL, 2020–2023 (USD MILLION) 139
TABLE 82 ELECTRIC MOTORS MARKET IN INDUSTRIAL, 2024–2029 (USD MILLION) 140
TABLE 83 ELECTRIC MOTORS MARKET IN COMMERCIAL, 2020–2023 (USD MILLION) 140
TABLE 84 ELECTRIC MOTORS MARKET IN COMMERCIAL, 2024–2029 (USD MILLION) 140
TABLE 85 ELECTRIC MOTORS MARKET IN RESIDENTIAL, 2020–2023 (USD MILLION) 141
TABLE 86 ELECTRIC MOTORS MARKET IN RESIDENTIAL, 2024–2029 (USD MILLION) 141
TABLE 87 ELECTRIC MOTORS MARKET IN TRANSPORTATION, 2020–2023 (USD MILLION) 141
TABLE 88 ELECTRIC MOTORS MARKET IN TRANSPORTATION, 2024–2029 (USD MILLION) 141
TABLE 89 ELECTRIC MOTORS MARKET IN AGRICULTURE, 2020–2023 (USD MILLION) 142
TABLE 90 ELECTRIC MOTORS MARKET IN AGRICULTURE, 2024–2029 (USD MILLION) 142
TABLE 91 INDUSTRIAL: ELECTRIC MOTORS MARKET, BY REGION, 2020–2023 (USD MILLION) 143
TABLE 92 INDUSTRIAL: ELECTRIC MOTORS MARKET, BY REGION, 2024–2029 (USD MILLION) 143
TABLE 93 COMMERCIAL: ELECTRIC MOTORS MARKET, BY REGION, 2020–2023 (USD MILLION) 146
TABLE 94 COMMERCIAL: ELECTRIC MOTORS MARKET, BY REGION, 2024–2029 (USD MILLION) 146
TABLE 95 RESIDENTIAL: ELECTRIC MOTORS MARKET, BY REGION, 2020–2023 (USD MILLION) 147
TABLE 96 RESIDENTIAL: ELECTRIC MOTORS MARKET, BY REGION, 2024–2029 (USD MILLION) 147
TABLE 97 TRANSPORTATION: ELECTRIC MOTORS MARKET, BY REGION, 2020–2023 (USD MILLION) 148
TABLE 98 TRANSPORTATION: ELECTRIC MOTORS MARKET, BY REGION, 2024–2029 (USD MILLION) 148
TABLE 99 AGRICULTURE: ELECTRIC MOTORS MARKET, BY REGION, 2020–2023 (USD MILLION) 150
TABLE 100 AGRICULTURE: ELECTRIC MOTORS MARKET, BY REGION, 2024–2029 (USD MILLION) 150
TABLE 101 ELECTRIC MOTORS MARKET, BY REGION, 2020–2023 (USD MILLION) 153
TABLE 102 ELECTRIC MOTORS MARKET, BY REGION, 2024–2029 (USD MILLION) 153
TABLE 103 ELECTRIC MOTORS MARKET, BY REGION, 2020–2023 (MILLION UNITS) 154
TABLE 104 ELECTRIC MOTORS MARKET, BY REGION, 2024–2029 (USD UNITS) 154
TABLE 105 ASIA PACIFIC: ELECTRIC MOTORS MARKET, BY TYPE, 2020–2023 (USD MILLION) 155
TABLE 106 ASIA PACIFIC: ELECTRIC MOTORS MARKET, BY TYPE, 2024–2029 (USD MILLION) 156
TABLE 107 ASIA PACIFIC: ELECTRIC MOTORS MARKET, BY ROTOR TYPE, 2020–2023 (USD MILLION) 156
TABLE 108 ASIA PACIFIC: ELECTRIC MOTORS MARKET, BY ROTOR TYPE, 2024–2029 (USD MILLION) 156
TABLE 109 ASIA PACIFIC: ELECTRIC MOTORS MARKET, BY OUTPUT POWER, 2020–2023 (USD MILLION) 156
TABLE 110 ASIA PACIFIC: ELECTRIC MOTORS MARKET, BY OUTPUT POWER, 2024–2029 (USD MILLION) 157
TABLE 111 ASIA PACIFIC: ELECTRIC MOTORS MARKET, BY POWER RATING, 2020–2023 (USD MILLION) 157
TABLE 112 ASIA PACIFIC: ELECTRIC MOTORS MARKET, BY POWER RATING, 2024–2029 (USD MILLION) 157
TABLE 113 ASIA PACIFIC: ELECTRIC MOTORS MARKET, BY VOLTAGE, 2020–2023 (USD MILLION) 158
TABLE 114 ASIA PACIFIC: ELECTRIC MOTORS MARKET, BY VOLTAGE, 2024–2029 (USD MILLION) 158
TABLE 115 ASIA PACIFIC: ELECTRIC MOTORS MARKET, BY END USER, 2020–2023 (USD MILLION) 158
TABLE 116 ASIA PACIFIC: ELECTRIC MOTORS MARKET, BY END USER, 2024–2029 (USD MILLION) 158
TABLE 117 ASIA PACIFIC: ELECTRIC MOTORS MARKET, BY INDUSTRIAL END USER, 2020–2023 (USD MILLION) 159
TABLE 118 ASIA PACIFIC: ELECTRIC MOTORS MARKET, BY INDUSTRIAL END USER, 2024–2029 (USD MILLION) 159
TABLE 119 ASIA PACIFIC: ELECTRIC MOTORS MARKET, BY COMMERCIAL END USER, 2020–2023 (USD MILLION) 160
TABLE 120 ASIA PACIFIC: ELECTRIC MOTORS MARKET, BY COMMERCIAL END USER, 2024–2029 (USD MILLION) 160
TABLE 121 ASIA PACIFIC: ELECTRIC MOTORS MARKET, BY RESIDENTIAL END USER, 2020–2023 (USD MILLION) 160
TABLE 122 ASIA PACIFIC: ELECTRIC MOTORS MARKET, BY RESIDENTIAL END USER, 2024–2029 (USD MILLION) 161
TABLE 123 ASIA PACIFIC: ELECTRIC MOTORS MARKET, BY AGRICULTURE END USER, 2020–2023 (USD MILLION) 161
TABLE 124 ASIA PACIFIC: ELECTRIC MOTORS MARKET, BY AGRICULTURE END USER, 2024–2029 (USD MILLION) 161
TABLE 125 ASIA PACIFIC: ELECTRIC MOTORS MARKET, BY TRANSPORTATION END USER, 2020–2023 (USD MILLION) 161
TABLE 126 ASIA PACIFIC: ELECTRIC MOTORS MARKET, BY TRANSPORTATION END USER, 2024–2029 (USD MILLION) 162
TABLE 127 ASIA PACIFIC: ELECTRIC MOTORS MARKET, BY COUNTRY, 2020–2023 (USD MILLION) 162
TABLE 128 ASIA PACIFIC: ELECTRIC MOTORS MARKET, BY COUNTRY, 2024–2029 (USD MILLION) 162
TABLE 129 CHINA: ELECTRIC MOTORS MARKET, BY TYPE, 2020–2023 (USD MILLION) 163
TABLE 130 CHINA: ELECTRIC MOTORS MARKET, BY TYPE, 2024–2029 (USD MILLION) 163
TABLE 131 CHINA: ELECTRIC MOTORS MARKET, BY END USER, 2020–2023 (USD MILLION) 163
TABLE 132 CHINA: ELECTRIC MOTORS MARKET, BY END USER, 2024–2029 (USD MILLION) 164
TABLE 133 CHINA: ELECTRIC MOTORS MARKET, BY INDUSTRIAL END USER, 2020–2023 (USD MILLION) 164
TABLE 134 CHINA: ELECTRIC MOTORS MARKET, BY INDUSTRIAL END USER, 2024–2029 (USD MILLION) 165
TABLE 135 CHINA: ELECTRIC MOTORS MARKET, BY COMMERCIAL END USER, 2020–2023 (USD MILLION) 165
TABLE 136 CHINA: ELECTRIC MOTORS MARKET, BY COMMERCIAL END USER, 2024–2029 (USD MILLION) 166
TABLE 137 CHINA: ELECTRIC MOTORS MARKET, BY RESIDENTIAL END USER, 2020–2023 (USD MILLION) 166
TABLE 138 CHINA: ELECTRIC MOTORS MARKET, BY RESIDENTIAL END USER, 2024–2029 (USD MILLION) 166
TABLE 139 CHINA: ELECTRIC MOTORS MARKET, BY AGRICULTURE END USER, 2020–2023 (USD MILLION) 166
TABLE 140 CHINA: ELECTRIC MOTORS MARKET, BY AGRICULTURE END USER, 2024–2029 (USD MILLION) 167
TABLE 141 CHINA: ELECTRIC MOTORS MARKET, BY TRANSPORTATION END USER, 2020–2023 (USD MILLION) 167
TABLE 142 CHINA: ELECTRIC MOTORS MARKET, BY TRANSPORTATION END USER, 2024–2029 (USD MILLION) 167
TABLE 143 JAPAN: ELECTRIC MOTORS MARKET, BY TYPE, 2020–2023 (USD MILLION) 168
TABLE 144 JAPAN: ELECTRIC MOTORS MARKET, BY TYPE, 2024–2029 (USD MILLION) 168
TABLE 145 JAPAN: ELECTRIC MOTORS MARKET, BY END USER, 2020–2023 (USD MILLION) 168
TABLE 146 JAPAN: ELECTRIC MOTORS MARKET, BY END USER, 2024–2029 (USD MILLION) 169
TABLE 147 JAPAN: ELECTRIC MOTORS MARKET, BY INDUSTRIAL END USER, 2020–2023 (USD MILLION) 169
TABLE 148 JAPAN: ELECTRIC MOTORS MARKET, BY INDUSTRIAL END USER, 2024–2029 (USD MILLION) 170
TABLE 149 JAPAN: ELECTRIC MOTORS MARKET, BY COMMERCIAL END USER, 2020–2023 (USD MILLION) 170
TABLE 150 JAPAN: ELECTRIC MOTORS MARKET, BY COMMERCIAL END USER, 2024–2029 (USD MILLION) 171
TABLE 151 JAPAN: ELECTRIC MOTORS MARKET, BY RESIDENTIAL END USER, 2020–2023 (USD MILLION) 171
TABLE 152 JAPAN: ELECTRIC MOTORS MARKET, BY RESIDENTIAL END USER, 2024–2029 (USD MILLION) 171
TABLE 153 JAPAN: ELECTRIC MOTORS MARKET, BY AGRICULTURE END USER, 2020–2023 (USD MILLION) 171
TABLE 154 JAPAN: ELECTRIC MOTORS MARKET, BY AGRICULTURE END USER, 2024–2029 (USD MILLION) 172
TABLE 155 JAPAN: ELECTRIC MOTORS MARKET, BY TRANSPORTATION END USER, 2020–2023 (USD MILLION) 172
TABLE 156 JAPAN: ELECTRIC MOTORS MARKET, BY TRANSPORTATION END USER, 2024–2029 (USD MILLION) 172
TABLE 157 INDIA: ELECTRIC MOTORS MARKET, BY TYPE, 2020–2023 (USD MILLION) 173
TABLE 158 INDIA: ELECTRIC MOTORS MARKET, BY TYPE, 2024–2029 (USD MILLION) 173
TABLE 159 INDIA: ELECTRIC MOTORS MARKET, BY END USER, 2020–2023 (USD MILLION) 174
TABLE 160 INDIA: ELECTRIC MOTORS MARKET, BY END USER, 2024–2029 (USD MILLION) 174
TABLE 161 INDIA: ELECTRIC MOTORS MARKET, BY INDUSTRIAL END USER, 2020–2023 (USD MILLION) 174
TABLE 162 INDIA: ELECTRIC MOTORS MARKET, BY INDUSTRIAL END USER, 2024–2029 (USD MILLION) 175
TABLE 163 INDIA: ELECTRIC MOTORS MARKET, BY COMMERCIAL END USER, 2020–2023 (USD MILLION) 175
TABLE 164 INDIA: ELECTRIC MOTORS MARKET, BY COMMERCIAL END USER, 2024–2029 (USD MILLION) 176
TABLE 165 INDIA: ELECTRIC MOTORS MARKET, BY RESIDENTIAL END USER, 2020–2023 (USD MILLION) 176
TABLE 166 INDIA: ELECTRIC MOTORS MARKET, BY RESIDENTIAL END USER, 2024–2029 (USD MILLION) 176
TABLE 167 INDIA: ELECTRIC MOTORS MARKET, BY AGRICULTURE END USER, 2020–2023 (USD MILLION) 176
TABLE 168 INDIA: ELECTRIC MOTORS MARKET, BY AGRICULTURE END USER, 2024–2029 (USD MILLION) 177
TABLE 169 INDIA: ELECTRIC MOTORS MARKET, BY TRANSPORTATION END USER, 2020–2023 (USD MILLION) 177
TABLE 170 INDIA: ELECTRIC MOTORS MARKET, BY TRANSPORTATION END USER, 2024–2029 (USD MILLION) 177
TABLE 171 SOUTH KOREA: ELECTRIC MOTORS MARKET, BY TYPE, 2020–2023 (USD MILLION) 178
TABLE 172 SOUTH KOREA: ELECTRIC MOTORS MARKET, BY TYPE, 2024–2029 (USD MILLION) 178
TABLE 173 SOUTH KOREA: ELECTRIC MOTORS MARKET, BY END USER, 2020–2023 (USD MILLION) 178
TABLE 174 SOUTH KOREA: ELECTRIC MOTORS MARKET, BY END USER, 2024–2029 (USD MILLION) 179
TABLE 175 SOUTH KOREA: ELECTRIC MOTORS MARKET, BY INDUSTRIAL END USER, 2020–2023 (USD MILLION) 179
TABLE 176 SOUTH KOREA: ELECTRIC MOTORS MARKET, BY INDUSTRIAL END USER, 2024–2029 (USD MILLION) 180
TABLE 177 SOUTH KOREA: ELECTRIC MOTORS MARKET, BY COMMERCIAL END USER, 2020–2023 (USD MILLION) 180
TABLE 178 SOUTH KOREA: ELECTRIC MOTORS MARKET, BY COMMERCIAL END USER, 2024–2029 (USD MILLION) 181
TABLE 179 SOUTH KOREA: ELECTRIC MOTORS MARKET, BY RESIDENTIAL END USER, 2020–2023 (USD MILLION) 181
TABLE 180 SOUTH KOREA: ELECTRIC MOTORS MARKET, BY RESIDENTIAL END USER, 2024–2029 (USD MILLION) 181
TABLE 181 SOUTH KOREA: ELECTRIC MOTORS MARKET, BY AGRICULTURE END USER, 2020–2023 (USD MILLION) 181
TABLE 182 SOUTH KOREA: ELECTRIC MOTORS MARKET, BY AGRICULTURE END USER, 2024–2029 (USD MILLION) 182
TABLE 183 SOUTH KOREA: ELECTRIC MOTORS MARKET, BY TRANSPORTATION END USER, 2020–2023 (USD MILLION) 182
TABLE 184 SOUTH KOREA: ELECTRIC MOTORS MARKET, BY TRANSPORTATION END USER, 2024–2029 (USD MILLION) 182
TABLE 185 AUSTRALIA: ELECTRIC MOTORS MARKET, BY TYPE, 2020–2023 (USD MILLION) 183
TABLE 186 AUSTRALIA: ELECTRIC MOTORS MARKET, BY TYPE, 2024–2029 (USD MILLION) 183
TABLE 187 AUSTRALIA: ELECTRIC MOTORS MARKET, BY END USER, 2020–2023 (USD MILLION) 184
TABLE 188 AUSTRALIA: ELECTRIC MOTORS MARKET, BY END USER, 2024–2029 (USD MILLION) 184
TABLE 189 AUSTRALIA: ELECTRIC MOTORS MARKET, BY INDUSTRIAL END USER, 2020–2023 (USD MILLION) 184
TABLE 190 AUSTRALIA: ELECTRIC MOTORS MARKET, BY INDUSTRIAL END USER, 2024–2029 (USD MILLION) 185
TABLE 191 AUSTRALIA: ELECTRIC MOTORS MARKET, BY COMMERCIAL END USER, 2020–2023 (USD MILLION) 185
TABLE 192 AUSTRALIA: ELECTRIC MOTORS MARKET, BY COMMERCIAL END USER, 2024–2029 (USD MILLION) 186
TABLE 193 AUSTRALIA: ELECTRIC MOTORS MARKET, BY RESIDENTIAL END USER, 2020–2023 (USD MILLION) 186
TABLE 194 AUSTRALIA: ELECTRIC MOTORS MARKET, BY RESIDENTIAL END USER, 2024–2029 (USD MILLION) 186
TABLE 195 AUSTRALIA: ELECTRIC MOTORS MARKET, BY AGRICULTURE END USER, 2020–2023 (USD MILLION) 186
TABLE 196 AUSTRALIA: ELECTRIC MOTORS MARKET, BY AGRICULTURE END USER, 2024–2029 (USD MILLION) 187
TABLE 197 AUSTRALIA: ELECTRIC MOTORS MARKET, BY TRANSPORTATION END USER, 2020–2023 (USD MILLION) 187
TABLE 198 AUSTRALIA: ELECTRIC MOTORS MARKET, BY TRANSPORTATION END USER, 2024–2029 (USD MILLION) 187
TABLE 199 REST OF ASIA PACIFIC: ELECTRIC MOTORS MARKET, BY TYPE, 2020–2023 (USD MILLION) 188
TABLE 200 REST OF ASIA PACIFIC: ELECTRIC MOTORS MARKET, BY TYPE, 2024–2029 (USD MILLION) 188
TABLE 201 REST OF ASIA PACIFIC: ELECTRIC MOTORS MARKET, BY END USER, 2020–2023 (USD MILLION) 188
TABLE 202 REST OF ASIA PACIFIC: ELECTRIC MOTORS MARKET, BY END USER, 2024–2029 (USD MILLION) 189
TABLE 203 REST OF ASIA PACIFIC: ELECTRIC MOTORS MARKET, BY INDUSTRIAL END USER, 2020–2023 (USD MILLION) 189
TABLE 204 REST OF ASIA PACIFIC: ELECTRIC MOTORS MARKET, BY INDUSTRIAL END USER, 2024–2029 (USD MILLION) 190
TABLE 205 REST OF ASIA PACIFIC: ELECTRIC MOTORS MARKET, BY COMMERCIAL END USER, 2020–2023 (USD MILLION) 190
TABLE 206 REST OF ASIA PACIFIC: ELECTRIC MOTORS MARKET, BY COMMERCIAL END USER, 2024–2029 (USD MILLION) 191
TABLE 207 REST OF ASIA PACIFIC: ELECTRIC MOTORS MARKET, BY RESIDENTIAL END USER, 2020–2023 (USD MILLION) 191
TABLE 208 REST OF ASIA PACIFIC: ELECTRIC MOTORS MARKET, BY RESIDENTIAL END USER, 2024–2029 (USD MILLION) 191
TABLE 209 REST OF ASIA PACIFIC: ELECTRIC MOTORS MARKET, BY AGRICULTURE END USER, 2020–2023 (USD MILLION) 191
TABLE 210 REST OF ASIA PACIFIC: ELECTRIC MOTORS MARKET, BY AGRICULTURE END USER, 2024–2029 (USD MILLION) 192
TABLE 211 REST OF ASIA PACIFIC: ELECTRIC MOTORS MARKET, BY TRANSPORTATION END USER, 2020–2023 (USD MILLION) 192
TABLE 212 REST OF ASIA PACIFIC: ELECTRIC MOTORS MARKET, BY TRANSPORTATION END USER, 2024–2029 (USD MILLION) 192
TABLE 213 EUROPE: ELECTRIC MOTORS MARKET, BY TYPE, 2020–2023 (USD MILLION) 194
TABLE 214 EUROPE: ELECTRIC MOTORS MARKET, BY TYPE, 2024–2029 (USD MILLION) 194
TABLE 215 EUROPE: ELECTRIC MOTORS MARKET, BY ROTOR TYPE, 2020–2023 (USD MILLION) 194
TABLE 216 EUROPE: ELECTRIC MOTORS MARKET, BY ROTOR TYPE, 2024–2029 (USD MILLION) 194
TABLE 217 EUROPE: ELECTRIC MOTORS MARKET, BY OUTPUT POWER, 2020–2023 (USD MILLION) 195
TABLE 218 EUROPE: ELECTRIC MOTORS MARKET, BY OUTPUT POWER, 2024–2029 (USD MILLION) 195
TABLE 219 EUROPE: ELECTRIC MOTORS MARKET, BY POWER RATING, 2020–2023 (USD MILLION) 195
TABLE 220 EUROPE: ELECTRIC MOTORS MARKET, BY POWER RATING, 2024–2029 (USD MILLION) 195
TABLE 221 EUROPE: ELECTRIC MOTORS MARKET, BY VOLTAGE, 2020–2023 (USD MILLION) 196
TABLE 222 EUROPE: ELECTRIC MOTORS MARKET, BY VOLTAGE, 2024–2029 (USD MILLION) 196
TABLE 223 EUROPE: ELECTRIC MOTORS MARKET, BY END USER, 2020–2023 (USD MILLION) 196
TABLE 224 EUROPE: ELECTRIC MOTORS MARKET, BY END USER, 2024–2029 (USD MILLION) 196
TABLE 225 EUROPE: ELECTRIC MOTORS MARKET, BY INDUSTRIAL END USER, 2020–2023 (USD MILLION) 197
TABLE 226 EUROPE: ELECTRIC MOTORS MARKET, BY INDUSTRIAL END USER, 2024–2029 (USD MILLION) 197
TABLE 227 EUROPE: ELECTRIC MOTORS MARKET, BY COMMERCIAL END USER, 2020–2023 (USD MILLION) 198
TABLE 228 EUROPE: ELECTRIC MOTORS MARKET, BY COMMERCIAL END USER, 2024–2029 (USD MILLION) 198
TABLE 229 EUROPE: ELECTRIC MOTORS MARKET, BY RESIDENTIAL END USER, 2020–2023 (USD MILLION) 198
TABLE 230 EUROPE: ELECTRIC MOTORS MARKET, BY RESIDENTIAL END USER, 2024–2029 (USD MILLION) 199
TABLE 231 EUROPE: ELECTRIC MOTORS MARKET, BY AGRICULTURE END USER, 2020–2023 (USD MILLION) 199
TABLE 232 EUROPE: ELECTRIC MOTORS MARKET, BY AGRICULTURE END USER, 2024–2029 (USD MILLION) 199
TABLE 233 EUROPE: ELECTRIC MOTORS MARKET, BY TRANSPORTATION END USER, 2020–2023 (USD MILLION) 199
TABLE 234 EUROPE: ELECTRIC MOTORS MARKET, BY TRANSPORTATION END USER, 2024–2029 (USD MILLION) 200
TABLE 235 EUROPE: ELECTRIC MOTORS MARKET, BY COUNTRY, 2020–2023 (USD MILLION) 200
TABLE 236 EUROPE: ELECTRIC MOTORS MARKET, BY COUNTRY, 2024–2029 (USD MILLION) 201
TABLE 237 GERMANY: ELECTRIC MOTORS MARKET, BY TYPE, 2020–2023 (USD MILLION) 202
TABLE 238 GERMANY: ELECTRIC MOTORS MARKET, BY TYPE, 2024–2029 (USD MILLION) 202
TABLE 239 GERMANY: ELECTRIC MOTORS MARKET, BY END USER, 2020–2023 (USD MILLION) 202
TABLE 240 GERMANY: ELECTRIC MOTORS MARKET, BY END USER, 2024–2029 (USD MILLION) 202
TABLE 241 GERMANY: ELECTRIC MOTORS MARKET, BY INDUSTRIAL END USER, 2020–2023 (USD MILLION) 203
TABLE 242 GERMANY: ELECTRIC MOTORS MARKET, BY INDUSTRIAL END USER, 2024–2029 (USD MILLION) 203
TABLE 243 GERMANY: ELECTRIC MOTORS MARKET, BY COMMERCIAL END USER, 2020–2023 (USD MILLION) 204
TABLE 244 GERMANY: ELECTRIC MOTORS MARKET, BY COMMERCIAL END USER, 2024–2029 (USD MILLION) 204
TABLE 245 GERMANY: ELECTRIC MOTORS MARKET, BY RESIDENTIAL END USER, 2020–2023 (USD MILLION) 204
TABLE 246 GERMANY: ELECTRIC MOTORS MARKET, BY RESIDENTIAL END USER, 2024–2029 (USD MILLION) 205
TABLE 247 GERMANY: ELECTRIC MOTORS MARKET, BY AGRICULTURE END USER, 2020–2023 (USD MILLION) 205
TABLE 248 GERMANY: ELECTRIC MOTORS MARKET, BY AGRICULTURE END USER, 2024–2029 (USD MILLION) 205
TABLE 249 GERMANY: ELECTRIC MOTORS MARKET, BY TRANSPORTATION END USER, 2020–2023 (USD MILLION) 205
TABLE 250 GERMANY: ELECTRIC MOTORS MARKET, BY TRANSPORTATION END USER, 2024–2029 (USD MILLION) 206
TABLE 251 UK: ELECTRIC MOTORS MARKET, BY TYPE, 2020–2023 (USD MILLION) 206
TABLE 252 UK: ELECTRIC MOTORS MARKET, BY TYPE, 2024–2029 (USD MILLION) 207
TABLE 253 UK: ELECTRIC MOTORS MARKET, BY END USER, 2020–2023 (USD MILLION) 207
TABLE 254 UK: ELECTRIC MOTORS MARKET, BY END USER, 2024–2029 (USD MILLION) 207
TABLE 255 UK: ELECTRIC MOTORS MARKET, BY INDUSTRIAL END USER, 2020–2023 (USD MILLION) 208
TABLE 256 UK: ELECTRIC MOTORS MARKET, BY INDUSTRIAL END USER, 2024–2029 (USD MILLION) 208
TABLE 257 UK: ELECTRIC MOTORS MARKET, BY COMMERCIAL END USER, 2020–2023 (USD MILLION) 209
TABLE 258 UK: ELECTRIC MOTORS MARKET, BY COMMERCIAL END USER, 2024–2029 (USD MILLION) 209
TABLE 259 UK: ELECTRIC MOTORS MARKET, BY RESIDENTIAL END USER, 2020–2023 (USD MILLION) 209
TABLE 260 UK: ELECTRIC MOTORS MARKET, BY RESIDENTIAL END USER, 2024–2029 (USD MILLION) 210
TABLE 261 UK: ELECTRIC MOTORS MARKET, BY AGRICULTURE END USER, 2020–2023 (USD MILLION) 210
TABLE 262 UK: ELECTRIC MOTORS MARKET, BY AGRICULTURE END USER, 2024–2029 (USD MILLION) 210
TABLE 263 UK: ELECTRIC MOTORS MARKET, BY TRANSPORTATION END USER, 2020–2023 (USD MILLION) 210
TABLE 264 UK: ELECTRIC MOTORS MARKET, BY TRANSPORTATION END USER, 2024–2029 (USD MILLION) 211
TABLE 265 ITALY: ELECTRIC MOTORS MARKET, BY TYPE, 2020–2023 (USD MILLION) 211
TABLE 266 ITALY: ELECTRIC MOTORS MARKET, BY TYPE, 2024–2029 (USD MILLION) 212
TABLE 267 ITALY: ELECTRIC MOTORS MARKET, BY END USER, 2020–2023 (USD MILLION) 212
TABLE 268 ITALY: ELECTRIC MOTORS MARKET, BY END USER, 2024–2029 (USD MILLION) 212
TABLE 269 ITALY: ELECTRIC MOTORS MARKET, BY INDUSTRIAL END USER, 2020–2023 (USD MILLION) 213
TABLE 270 ITALY: ELECTRIC MOTORS MARKET, BY INDUSTRIAL END USER, 2024–2029 (USD MILLION) 213
TABLE 271 ITALY: ELECTRIC MOTORS MARKET, BY COMMERCIAL END USER, 2020–2023 (USD MILLION) 214
TABLE 272 ITALY: ELECTRIC MOTORS MARKET, BY COMMERCIAL END USER, 2024–2029 (USD MILLION) 214
TABLE 273 ITALY: ELECTRIC MOTORS MARKET, BY RESIDENTIAL END USER, 2020–2023 (USD MILLION) 214
TABLE 274 ITALY: ELECTRIC MOTORS MARKET, BY RESIDENTIAL END USER, 2024–2029 (USD MILLION) 215
TABLE 275 ITALY: ELECTRIC MOTORS MARKET, BY AGRICULTURE END USER, 2020–2023 (USD MILLION) 215
TABLE 276 ITALY: ELECTRIC MOTORS MARKET, BY AGRICULTURE END USER, 2024–2029 (USD MILLION) 215
TABLE 277 ITALY: ELECTRIC MOTORS MARKET, BY TRANSPORTATION END USER, 2020–2023 (USD MILLION) 215
TABLE 278 ITALY: ELECTRIC MOTORS MARKET, BY TRANSPORTATION END USER, 2024–2029 (USD MILLION) 216
TABLE 279 FRANCE: ELECTRIC MOTORS MARKET, BY TYPE, 2020–2023 (USD MILLION) 216
TABLE 280 FRANCE: ELECTRIC MOTORS MARKET, BY TYPE, 2024–2029 (USD MILLION) 217
TABLE 281 FRANCE: ELECTRIC MOTORS MARKET, BY END USER, 2020–2023 (USD MILLION) 217
TABLE 282 FRANCE: ELECTRIC MOTORS MARKET, BY END USER, 2024–2029 (USD MILLION) 217
TABLE 283 FRANCE: ELECTRIC MOTORS MARKET, BY INDUSTRIAL END USER, 2020–2023 (USD MILLION) 218
TABLE 284 FRANCE: ELECTRIC MOTORS MARKET, BY INDUSTRIAL END USER, 2024–2029