{"id":8014,"date":"2022-07-07T09:18:33","date_gmt":"2022-07-07T09:18:33","guid":{"rendered":"https:\/\/marylanddailygazette.com\/electric-motor-market-trends-demand-share-major-player-competitive-outlook-forecast-to-2022-2027\/"},"modified":"2022-07-07T09:18:33","modified_gmt":"2022-07-07T09:18:33","slug":"electric-motor-market-trends-demand-share-major-player-competitive-outlook-forecast-to-2022-2027","status":"publish","type":"post","link":"https:\/\/marylanddailygazette.com\/electric-motor-market-trends-demand-share-major-player-competitive-outlook-forecast-to-2022-2027\/","title":{"rendered":"Electric Motor Market Trends, Demand, Share, Major Player, Competitive Outlook Forecast to 2022-2027"},"content":{"rendered":"
Electric Motor Market Trends, Demand, Share, Major Player, Competitive Outlook Forecast to 2022-2027<\/a><\/p>\n The IMARC Group provides extensive analysis of the electric motor industry covering the market trends, investment opportunities, growth trends, statistics, and industry prospects. The report offers a comprehensive analysis of the industry, which comprises insights on electric motor market report, size, share, trends<\/a>, analysis, growth, segmentation, demand, statistics, and overview. The report also includes competitor and regional analysis, and contemporary advancements in the global market.<\/p>\n Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report. The market is segmented by size and region. The report provides an analysis of the key trends in each sub-segment of the market, along with forecasts at the global and regional level from 2022-2027. The report also includes competitive landscape of major key players in the industry along with emerging trends in the market.<\/p>\n Informed covered in the report:<\/p>\n Request for a PDF sample of this report: https:\/\/www.imarcgroup.com\/electric-motor-market\/requestsample<\/a><\/p>\n The global electric motor market reached a value of US$ 108.8 Billion in 2021. An electric motor refers to an electro-mechanical device that operates on the principle of electromagnetic induction. It has various types, such as induction AC motor, synchronous AC motor, brushed DC motor, brushless DC motor, etc. Electric motors are durable, energy-efficient, require low maintenance, and retain high endurance for fluctuating voltages. They are also cost-effective when compared to the conventional fossil-fuel engines. Consequently, electric motor variants find extensive application across numerous sectors, including oil and gas, automobile, aerospace, marine, etc.<\/p>\n Electric Motor Market Trends:<\/p>\n The expanding industrial automation and urbanization levels across the globe are among the key factors driving the electric motor market. Besides this, the emerging trend of using electric-powered motors as an alternative to gas turbines in large manufacturing plants is also positively influencing the market growth. Additionally, the growing usage of heating, ventilation, and air-conditioning (HVAC) appliances in industrial, commercial, and residential spaces is acting as another significant growth-inducing factor. Furthermore, the elevating focus towards adopting vehicles powered by renewable sources to reduce the usage of fossil fuels is further catalyzing the product demand. In line with this, the launch of numerous policies by the government bodies aimed at popularizing the usage of electric vehicles to reduce carbon emissions is expected to drive the electric motor market in the coming years. Looking forward, IMARC Group expects the electric motor market to reach US$ 140.85 Billion by 2027, exhibiting at a CAGR of 4.25% during 2022-2027.<\/p>\n Checkout Now: https:\/\/www.imarcgroup.com\/checkout?id=937&method=1<\/a><\/p>\n As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.<\/p>\n Competitive Landscape with Key Players:<\/p>\n Breakup by Motor Type:<\/p>\n Breakup by Voltage:<\/p>\n Breakup by Rated Power:<\/p>\n Breakup by Magnet Type:<\/p>\n Breakup by Weight:<\/p>\n Breakup by Speed:<\/p>\n Breakup by Application:<\/p>\n Breakup by Region:<\/p>\n Ask Analyst for Customization and Explore full report with TOC & List of Figures: https:\/\/www.imarcgroup.com\/electric-motor-market<\/a><\/p>\n Key highlights of the report: <\/p>\n If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.<\/p>\n Related Reports by IMARC Group:<\/p>\n Compressor Rental Market: https:\/\/www.imarcgroup.com\/compressor-rental-market<\/a><\/p>\n Bakery Processing Equipment Market: https:\/\/www.imarcgroup.com\/bakery-processing-equipment-market<\/a><\/p>\n Australia Organic Farming Market: https:\/\/www.imarcgroup.com\/australia-organic-farming-market<\/a><\/p>\n Agricultural Robots Market: https:\/\/www.imarcgroup.com\/agricultural-robots-market<\/a><\/p>\n Food Enzymes Market: https:\/\/www.imarcgroup.com\/food-enzymes-market<\/a><\/p>\n\n
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