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See How Electric Motor Sales Market Achieve a Revenue worth $127.63 Billion by 2021

The report “Electric Motor Sales Market by Type (AC and DC), Voltage ( 6.6 kV), Output Power ( 1 hp), End-User (Industrial, Commercial, Residential, Transportation, and Agriculture), and Region – Global Forecast to 2021”, The electric motor sales market is expected to grow from an estimated USD 94.23 Billion in 2016 to USD 127.63 Billion by 2021, at a CAGR of 6.26% from 2016 to 2021. Increased use of motors across major industries, growing agricultural sector, and transition toward energy-efficient motors are the major factors driving the electric motor sales market across the globe.

To provide an in-depth understanding of the competitive landscape, the report includes profiles of companies, namely, ABB Ltd. (Switzerland), Siemens AG (Germany), Nidec Corporation (Japan), Denso Corporation (Japan), General Electric Company (U.S.), Allied Motion Technologies, Inc. (U.S.), Ametek, Inc. (U.S.), Arc System, Inc. (U.S.), Baldor Electric Company (U.S.), Bosch Group (Germany), Emerson Electric Co. (U.S.), Hitachi Ltd. (Japan), Johnson Electric Holdings Ltd. (Hong Kong), Regal Beloit Corporation (U.S.), Rockwell Automation (U.S.), Toshiba International Corporation (U.S.), and WEG (Brazil).

Browse 82 market data Tables and 55 Figures spread through 182 Pages and in-depth TOC on “Electric Motor Sales Market – Global Forecast to 2021”

Get A Sample Copy for More Information@ https://www.marketsandmarkets.com/requestsample.asp?id=717

Scope of the report

  • By Type:
    • AC Motors
    • DC Motors
  • By Voltage:
    • 1 kV–6.6 kV (Medium)
    • > 6.6 kV (High)
  • By Output Power
    • > 1 hp (Integral horsepower)
  • By End-User
    • Industrial
    • Commercial
    • Residential
    • Transportation
    • Agriculture

AC motors would dominate the global electric motor sales market

The electric motor sales market in this report has been classified based on type into the following segments, namely, AC & DC motors. The AC motors segment dominated the electric motor sales market in 2016. With the growing demand for AC motors in various industries such as paper & pulp, cement, wastewater treatment and chemicals, the AC motors market is expected to grow during the forecast period. Hence, the market size of the AC motors segment is the largest.

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Asia-Pacific is the dominant market for electric motor sales

Asia-Pacific is currently the largest market for electric motor sales. In Asia-Pacific, the growth of the electric motor sales market can be attributed to factors such as continuous growth in the agriculture sector along with massive investments in industrialization in the this region including countries such as India, China, Australia, and South Korea.

Objectives of the study

  • To define, describe, and forecast the global electric motor sales market on the basis of voltage, output power, end-user, type, and region
  • To provide detailed information regarding major factors influencing the market growth (drivers, restraints, opportunities, and industry-specific challenges)
  • To strategically analyze the market with respect to individual growth trends of manufacturers and service providers, their future expansions, and contribution to the market
  • To forecast the growth of the electric motors market with respect to the main regions (Asia-Pacific, Europe, North America, South America, and the Middle East & Africa)
  • To strategically profile key market players and comprehensively analyze their market shares and core competencies
  • To track and analyze market opportunities for stakeholders and details of competitive developments, such as contracts & agreements, mergers & acquisitions, expansions, and new product/technology launch in the global market

The report also segments the electric motor sales market by voltage range, which includes > 6.6 kV (high), 1 kV–6.6 kV (medium), and

About MarketsandMarkets

MarketsandMarkets provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets for their painpoints around revenues decisions.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledgestore” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

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Mr. Shelly Singh
MarketsandMarkets INC.
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[email protected]

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