The North America electric motor market is expected to grow at a CAGR of around 4.1% during 2023-2030. This report on North America electric motor market report provides holistic understanding of the market along with market sizing, forecast, drivers, challenges, and competitive landscape. The report presents a clear picture of the North America electric motor market by segmenting the market based on motor type, output power, voltage range, application, speed, power rating, rotor type and region. Also, detailed profiles of companies operating in the electric motor market are provided in this report. We believe that this report will aid the professionals and industry stakeholders in making informed decision.

Market Drivers
• High Efficiency in Airflow Systems
• Maximized Life And Power
• Transition of North America Automotive Industry Toward Electric Vehicles

Market Challenges
• Fluctuating Prices of Raw Materials From China
• Intense Competition from Unorganized Players Supplying Inexpensive and Low-Quality Electric Motors

Historical & Forecast Period

Base Year: 2022
Historical Period: 2018-2022
Forecast Period: 2023-2030

Market by Motor Type
• Alternate Current (AC) Motor
• Direct Current (DC) Motor
• Hermetic Motor

Market by Output Power
• Integral Horsepower (IHP) Output
• Fractional Horsepower (FHP) Output

Market by Voltage Range
• 9 V & Below
• 10-20 V
• 21-60 V
• 60 V & Above

Market by Application
• Industrial machinery
• Motor vehicles
• Heating
• ventilating & cooling (HVAC) equipment
• Aerospace & transportation
• Household appliances
• Other

Market 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)
• Ultrahigh-Speed Electric Motors (Greater Than 75,001 RPM)

Market by Power Rating
• <1 KW
• 1-2.2 KW
• 2-375 KW
• >375 KW

Market by Rotor Type
• Inner Rotor
• Outer Rotor

Market by Region
• United States
• Canada