Electric motors refer to mechanical devices which work on the basic principle of electromagnetism. Over the years, these motors have gained traction due to their growing usage in a number of applications ranging from hair dryers, toys, electric shavers and extractor fans to washing machines, dishwashers, coffee grinders, microwaves and electric can openers.

Global Electric Motor Market Drivers/Constraints:

Electric vehicles are environment friendly since they do not emit toxic gases or smoke into the environment and also minimise energy consumption. As a result, there is a rise in the demand for hybrid and electric vehicles which, in turn, is further elevating the growth of the electric motor market globally.

The various government initiatives and regulatory policies aimed to promote energy efficiency and reduce carbon emissions in various industrial verticals are bolstering the demand for high-efficiency motors.

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Some of the other factors contributing to the growth of the global electric motor market are rapid advancements in technology, increasing automation and rapid industrialisation.

The high cost of manufacturing and assembling efficient electric motors and the limited portability of large motors hinder the market growth. Moreover, the intense competition in the market also acts as a major deterrent.

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Table of Contents

1 Preface

2 Scope and Methodology

3 Executive Summary

4 Introduction

5 Global Electric Motor Industry

6 Market Performance by Type

7 Market Performance by Voltage

8 Market Performance by Rated Power

9 Market Performance by Fractional Horsepower

10 Market Performance by Integral Horsepower

11 Market Performance by Magnet Type

12 Market Performance by Region

13 Market Performance by Weight

14 Market Performance by Speed

15 Market Performance by Applications

16 Competitive Landscape

17 Key Players Profiles
17.1 ABB Group (NYSE: ABB)
17.1.1 Company Overview
17.1.2 Company Description
17.1.3 Product Portfolio
17.1.4 Financials
17.1.5 Key Contacts
17.2 Siemens Ag (OTCMKTS: SIEGY)
17.3 WEG SA
17.4 TECO
17.5 Regal Beloit Corporation
17.6 Nidec Corporation

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