The electric motor market size is poised to grow by $ 292.23 billion by 2032 from $ 145.14 Billion in 2022, exhibiting a CAGR of 7.3% during the forecast period 2023-2032.
The main objective of this report is to define, describe, and forecast the global market by types, application, manufacturers, and regions. The report provides detailed information about the major factors (drivers, restraints, opportunities, and industry-specific challenges) influencing the growth of the market. The report aims to strategically analyze the micro markets with respect to individual growth trends, prospects, and contributions to the global market. The report also attempts to forecast the market size of the 5 main regions: North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America. It strategically profiles the key market players and comprehensively analyzes their core competencies. It also tracks and analyzes competitive developments, such as joint ventures, mergers and acquisitions, new developments, and Research and Development (R&D) activities, in market.
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COVID-19 Impact
Since the COVID-19 virus outbreak in December 2019, the disease has spread to almost 100 countries around the globe with the World Health Organization declaring it a public health emergency. The global impacts of the coronavirus disease 2019 (COVID-19) are already starting to be felt, and will significantly affect the electric vehicle fuel cell market in 2020.
COVID-19 can affect the global economy in three main ways: by directly affecting production and demand, by creating supply chain and market disruption, and by its financial impact on firms and financial markets.
The outbreak of COVID-19 has brought effects on many aspects, like flight cancellations; travel bans and quarantines; restaurants closed; all indoor events restricted; over forty countries state of emergency declared; massive slowing of the supply chain; stock market volatility; falling business confidence, growing panic among the population, and uncertainty about future.
Major companies operating in this area
- ABB Group
- General Electric
- ARC Systems, Inc.
- Asmo Co., Ltd.
- Nidec Motor Corporation
- DENSO
- WEG
- Emerson Electric
- Toshiba Corporation
- Hitachi
- Bosch
- Maxon Motors AG
- Regal Beloit Corporation
- Rockwell Automation, Inc.
- Siemens AG
- AMETEK.Inc.
- Johnson Electric Holdings Limited
Market Segmentation
By Type
- Alternate Current (AC)
- Direct Current (DC)
By Output Power
- <1 HP
- >1 HP
By Rotor Type
- Outer Rotor
- Inner Rotor
By End-User
- Industrial
- Residential
- Commercial
- Agriculture
- Transportation
By Geography
- North America
- U.S.
- Canada
- Europe
- U.K.
- Germany
- France
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of the World
Major highlights of Report:
- Figures related to sales volume, market remuneration, and segmental shares
- Featuring market dynamics
- Growth prospects and expansion graph
- PROCON study of direct & indirect sales channels
- Profiles of prominent traders, dealer, and distributors in the industry
Geographical landscape: North America, Europe, Asia-Pacific, South America, Middle East and Africa
- Industry forecasts based on region and at country level
- Data about sales volume recorded, industry share held, and profit margins amassed
- Overall remuneration and estimated growth rate for each regional market
Major Key Points Covered in Report:
Executive Summary: It includes key trends of the electric vehicle fuel cell market related to products, applications, and other crucial factors. It also provides analysis of the competitive landscape and CAGR and market size of the electric vehicle fuel cell market based on production and revenue.
Production and Consumption by Region: It covers all regional markets to which the research study relates. Prices and key players in addition to production and consumption in each regional market are discussed.
Key Players: Here, the report throws light on financial ratios, pricing structure, production cost, gross profit, sales volume, revenue, and gross margin of leading and prominent companies competing in the Electric vehicle fuel cell market.
Market Segments: This part of the report discusses product, application and other segments of the electric vehicle fuel cell market based on market share, CAGR, market size, and various other factors.
Research Methodology: This section discusses the research methodology and approach used to prepare the report. It covers data triangulation, market breakdown, market size estimation, and research design and/or programs.
TABLE OF CONTENT
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. Market Dynamics Analysis and Trends
5.1. Market Dynamics
5.1.1. Market Drivers
5.1.2. Market Restraints
5.1.3. Market Opportunities
5.2. Porter’s Five Forces Analysis
5.2.1. Bargaining power of suppliers
5.2.2. Bargaining power of buyers
5.2.3. Threat of substitute
5.2.4. Threat of new entrants
5.2.5. Degree of competition
Chapter 6. Competitive Landscape
6.1.1. Company Market Share/Positioning Analysis
6.1.2. Key Strategies Adopted by Players
6.1.3. Vendor Landscape
6.1.3.1. List of Suppliers
6.1.3.2. List of Buyers
Chapter 7. Global Electric Motors Market, By Type
7.1. Electric Motors Market, by Type, 2021-2030
7.1.1. Alternate Current (AC)
7.1.1.1. Market Revenue and Forecast (2017-2030)
7.1.2. Direct Current (DC)
7.1.2.1. Market Revenue and Forecast (2017-2030)
Chapter 8. Global Electric Motors Market, By Output Power
8.1. Electric Motors Market, by Output Power, 2021-2030
8.1.1. <1 HP
8.1.1.1. Market Revenue and Forecast (2017-2030)
8.1.2. >1 HP
8.1.2.1. Market Revenue and Forecast (2017-2030)
Chapter 9. Global Electric Motors Market, By Rotor Type
9.1. Electric Motors Market, by Rotor Type, 2021-2030
9.1.1. Outer Rotor
9.1.1.1. Market Revenue and Forecast (2017-2030)
9.1.2. Inner Rotor
9.1.2.1. Market Revenue and Forecast (2017-2030)
Chapter 10. Global Electric Motors Market, By End-User Type
10.1. Electric Motors Market, by End-User Type, 2021-2030
10.1.1. Industrial
10.1.1.1. Market Revenue and Forecast (2017-2030)
10.1.2. Residential
10.1.2.1. Market Revenue and Forecast (2017-2030)
10.1.3. Commercial
10.1.3.1. Market Revenue and Forecast (2017-2030)
10.1.4. Agriculture
10.1.4.1. Market Revenue and Forecast (2017-2030)
10.1.5. Transportation
10.1.5.1. Market Revenue and Forecast (2017-2030)
Chapter 11. Global Electric Motors Market, Regional Estimates and Trend Forecast
11.1. North America
11.1.1. Market Revenue and Forecast, by Type (2017-2030)
11.1.2. Market Revenue and Forecast, by Output Power (2017-2030)
11.1.3. Market Revenue and Forecast, by Rotor Type (2017-2030)
11.1.4. Market Revenue and Forecast, by End-User Type (2017-2030)
11.1.5. U.S.
11.1.5.1. Market Revenue and Forecast, by Type (2017-2030)
11.1.5.2. Market Revenue and Forecast, by Output Power (2017-2030)
11.1.5.3. Market Revenue and Forecast, by Rotor Type (2017-2030)
11.1.5.4. Market Revenue and Forecast, by End-User Type (2017-2030)
11.1.6. Rest of North America
11.1.6.1. Market Revenue and Forecast, by Type (2017-2030)
11.1.6.2. Market Revenue and Forecast, by Output Power (2017-2030)
11.1.6.3. Market Revenue and Forecast, by Rotor Type (2017-2030)
11.1.6.4. Market Revenue and Forecast, by End-User Type (2017-2030)
11.2. Europe
11.2.1. Market Revenue and Forecast, by Type (2017-2030)
11.2.2. Market Revenue and Forecast, by Output Power (2017-2030)
11.2.3. Market Revenue and Forecast, by Rotor Type (2017-2030)
11.2.4. Market Revenue and Forecast, by End-User Type (2017-2030)
11.2.5. UK
11.2.5.1. Market Revenue and Forecast, by Type (2017-2030)
11.2.5.2. Market Revenue and Forecast, by Output Power (2017-2030)
11.2.5.3. Market Revenue and Forecast, by Rotor Type (2017-2030)
11.2.5.4. Market Revenue and Forecast, by End-User Type (2017-2030)
11.2.6. Germany
11.2.6.1. Market Revenue and Forecast, by Type (2017-2030)
11.2.6.2. Market Revenue and Forecast, by Output Power (2017-2030)
11.2.6.3. Market Revenue and Forecast, by Rotor Type (2017-2030)
11.2.6.4. Market Revenue and Forecast, by End-User Type (2017-2030)
11.2.7. France
11.2.7.1. Market Revenue and Forecast, by Type (2017-2030)
11.2.7.2. Market Revenue and Forecast, by Output Power (2017-2030)
11.2.7.3. Market Revenue and Forecast, by Rotor Type (2017-2030)
11.2.7.4. Market Revenue and Forecast, by End-User Type (2017-2030)
11.2.8. Rest of Europe
11.2.8.1. Market Revenue and Forecast, by Type (2017-2030)
11.2.8.2. Market Revenue and Forecast, by Output Power (2017-2030)
11.2.8.3. Market Revenue and Forecast, by Rotor Type (2017-2030)
11.2.8.4. Market Revenue and Forecast, by End-User Type (2017-2030)
11.3. APAC
11.3.1. Market Revenue and Forecast, by Type (2017-2030)
11.3.2. Market Revenue and Forecast, by Output Power (2017-2030)
11.3.3. Market Revenue and Forecast, by Rotor Type (2017-2030)
11.3.4. Market Revenue and Forecast, by End-User Type (2017-2030)
11.3.5. India
11.3.5.1. Market Revenue and Forecast, by Type (2017-2030)
11.3.5.2. Market Revenue and Forecast, by Output Power (2017-2030)
11.3.5.3. Market Revenue and Forecast, by Rotor Type (2017-2030)
11.3.5.4. Market Revenue and Forecast, by End-User Type (2017-2030)
11.3.6. China
11.3.6.1. Market Revenue and Forecast, by Type (2017-2030)
11.3.6.2. Market Revenue and Forecast, by Output Power (2017-2030)
11.3.6.3. Market Revenue and Forecast, by Rotor Type (2017-2030)
11.3.6.4. Market Revenue and Forecast, by End-User Type (2017-2030)
11.3.7. Japan
11.3.7.1. Market Revenue and Forecast, by Type (2017-2030)
11.3.7.2. Market Revenue and Forecast, by Output Power (2017-2030)
11.3.7.3. Market Revenue and Forecast, by Rotor Type (2017-2030)
11.3.7.4. Market Revenue and Forecast, by End-User Type (2017-2030)
11.3.8. Rest of APAC
11.3.8.1. Market Revenue and Forecast, by Type (2017-2030)
11.3.8.2. Market Revenue and Forecast, by Output Power (2017-2030)
11.3.8.3. Market Revenue and Forecast, by Rotor Type (2017-2030)
11.3.8.4. Market Revenue and Forecast, by End-User Type (2017-2030)
11.4. MEA
11.4.1. Market Revenue and Forecast, by Type (2017-2030)
11.4.2. Market Revenue and Forecast, by Output Power (2017-2030)
11.4.3. Market Revenue and Forecast, by Rotor Type (2017-2030)
11.4.4. Market Revenue and Forecast, by End-User Type (2017-2030)
11.4.5. GCC
11.4.5.1. Market Revenue and Forecast, by Type (2017-2030)
11.4.5.2. Market Revenue and Forecast, by Output Power (2017-2030)
11.4.5.3. Market Revenue and Forecast, by Rotor Type (2017-2030)
11.4.5.4. Market Revenue and Forecast, by End-User Type (2017-2030)
11.4.6. North Africa
11.4.6.1. Market Revenue and Forecast, by Type (2017-2030)
11.4.6.2. Market Revenue and Forecast, by Output Power (2017-2030)
11.4.6.3. Market Revenue and Forecast, by Rotor Type (2017-2030)
11.4.6.4. Market Revenue and Forecast, by End-User Type (2017-2030)
11.4.7. South Africa
11.4.7.1. Market Revenue and Forecast, by Type (2017-2030)
11.4.7.2. Market Revenue and Forecast, by Output Power (2017-2030)
11.4.7.3. Market Revenue and Forecast, by Rotor Type (2017-2030)
11.4.7.4. Market Revenue and Forecast, by End-User Type (2017-2030)
11.4.8. Rest of MEA
11.4.8.1. Market Revenue and Forecast, by Type (2017-2030)
11.4.8.2. Market Revenue and Forecast, by Output Power (2017-2030)
11.4.8.3. Market Revenue and Forecast, by Rotor Type (2017-2030)
11.4.8.4. Market Revenue and Forecast, by End-User Type (2017-2030)
11.5. Latin America
11.5.1. Market Revenue and Forecast, by Type (2017-2030)
11.5.2. Market Revenue and Forecast, by Output Power (2017-2030)
11.5.3. Market Revenue and Forecast, by Rotor Type (2017-2030)
11.5.4. Market Revenue and Forecast, by End-User Type (2017-2030)
11.5.5. Brazil
11.5.5.1. Market Revenue and Forecast, by Type (2017-2030)
11.5.5.2. Market Revenue and Forecast, by Output Power (2017-2030)
11.5.5.3. Market Revenue and Forecast, by Rotor Type (2017-2030)
11.5.5.4. Market Revenue and Forecast, by End-User Type (2017-2030)
11.5.6. Rest of LATAM
11.5.6.1. Market Revenue and Forecast, by Type (2017-2030)
11.5.6.2. Market Revenue and Forecast, by Output Power (2017-2030)
11.5.6.3. Market Revenue and Forecast, by Rotor Type (2017-2030)
11.5.6.4. Market Revenue and Forecast, by End-User Type (2017-2030)
Chapter 12. Company Profiles
12.1. ABB Group
12.1.1. Company Overview
12.1.2. Product Offerings
12.1.3. Financial Performance
12.1.4. Recent Initiatives
12.2. General Electric
12.2.1. Company Overview
12.2.2. Product Offerings
12.2.3. Financial Performance
12.2.4. Recent Initiatives
12.3. ARC Systems, Inc.
12.3.1. Company Overview
12.3.2. Product Offerings
12.3.3. Financial Performance
12.3.4. Recent Initiatives
12.4. Asmo Co., Ltd.
12.4.1. Company Overview
12.4.2. Product Offerings
12.4.3. Financial Performance
12.4.4. Recent Initiatives
12.5. Nidec Motor Corporation
12.5.1. Company Overview
12.5.2. Product Offerings
12.5.3. Financial Performance
12.5.4. Recent Initiatives
12.6. DENSO
12.6.1. Company Overview
12.6.2. Product Offerings
12.6.3. Financial Performance
12.6.4. Recent Initiatives
12.7. WEG
12.7.1. Company Overview
12.7.2. Product Offerings
12.7.3. Financial Performance
12.7.4. Recent Initiatives
12.8. Emerson Electric
12.8.1. Company Overview
12.8.2. Product Offerings
12.8.3. Financial Performance
12.8.4. Recent Initiatives
12.9. Toshiba Corporation
12.9.1. Company Overview
12.9.2. Product Offerings
12.9.3. Financial Performance
12.9.4. Recent Initiatives
12.10. Hitachi
12.10.1. Company Overview
12.10.2. Product Offerings
12.10.3. Financial Performance
12.10.4. Recent Initiatives
12.11. Bosch
12.11.1. Company Overview
12.11.2. Product Offerings
12.11.3. Financial Performance
12.11.4. Recent Initiatives
Chapter 13. Research Methodology
13.1. Primary Research
13.2. Secondary Research
13.3. Assumptions
Chapter 14. Appendix
14.1. About Us
14.2. Glossary of Terms
Thanks for reading you can also get individual chapter-wise sections or region-wise report versions such as North America, Europe, or the Asia Pacific.
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