Impact Analysis of Covid-19
The complete version of the Report will include the impact of the COVID-19, and anticipated change on the future outlook of the industry, by taking into the account the political, economic, social, and technological parameters.
Extract:
Based on this comprehensive report published by Gravitas Market Insights, the Electric Motor market is said to witness a significant growth during the forecast years between 2021 and 2028. Fans, pumps, compressors, machine tools, home appliances, electric cars, HVAC applications, power tools, and automated robotics all use the product. Due to a variety of variables, high-efficiency motors are becoming more popular. Long life, low maintenance, low energy usage, and a high tolerance for variable voltages all contribute to cost savings.
Report Scope in detail:
This latest report edition of Electric Motor market has been added to our huge database of detailed reports and this envisions to shape the future of all the related businesses. Our team of learned research analysts have studied in-depth and curated the report based on several aspects which include the overview of the market, driving forces, growth rate, market trends, market size, opportunities and challenges of the market; along with detailed competitive analysis on the regional as well as global level. The Electric Motor market research report renders a thorough analysis of the market on a global aspect and aims on several market segmentation. This report also provides deeper perception into the latest trends of the market and pinpoints crucial product developments of the industry. Furthermore, the report collects numerous factors that have accredited to the growth of the market in the recent years.
Market Dynamics:
• The expansion of the electric motor market is fuelled by an increase in demand for greater machine control in the automotive industry, owing to the high efficiency of AC synchronous motors.
• Regulations such as the Minimum Energy Performance Standards (MEPS) are driving the global market for energy efficient electric motors.
• Material handling systems are the primary consumers of fractional horsepower (FHP) motors, resulting in increased demand around the world.
• The electric motor industry is projected to be hampered by a lack of understanding of the benefits associated with smart motors among small and medium business owners for various applications.
Electric Motor Market Segmentation:
By Output Power
• Fractional Horsepower (FHP) Output
• Integral Horsepower (IHP) Output
By Motor Type
• Alternate Current (AC) Motor
• Synchronous AC motors
• Induction AC motor
• Direct Current (DC) Motor
• Brushed DC motor
• Brushless DC motor
• Hermetic Motor
By Application
• Motor vehicles
• Industrial machinery
• Aerospace & transportation
• Heating, ventilating, and cooling (HVAC) equipment
• Household appliances
• Other Application
By Speed (RPM)
• 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)
Regional Coverage
• North America
o United States
o Canada
o Mexico
• Europe
o UK
o Germany
o France
o Italy
o Spain
o Russia
o Rest of Europe
• Asia Pacific
o China
o India
o Japan
o Korea
o Australia
o Southeast Asia
o Rest of Asia-Pacific
• South America
o Brazil
o Argentina
o Colombia
o Rest of South America
• Middle East & Africa
o GCC
o South Africa
o Rest of Middle East & Africa
Competitive Analysis:
Eminent market players have been outlined in order to extract improved insights into the worldwide businesses. Our research reports offer all-inclusive information on various top most manufacturers that are operational across global regions. We provide company profiles which include detailed overview of the company, business information, business performance, crucial strategies implemented through the years.
Few of the Key Players Covered in Our Report:
• ARC Systems, Inc.
• ABB Group
• Dr. Fritz Faulhaber GmbH
• Asmo Co., Ltd.
• Brook Crompton UK Ltd.
• Regal Beloit Corporation
• Emerson Electric
• Rockwell Automation, Inc.
• Maxon Motors AG
• Siemens AG
Impact of COVID19:
The COVID19 pandemic crippled the global economy, it resulted in a worldwide lockdown and this has majorly impacted numerous industries. Our industry experts are working round-the-clock to identify, accumulate and in-time deliver market analysis due to the effect of unprecedented decisions in COVID-19 repercussions on many businesses. The full version of this report will comprise the overall impact of the pandemic, and predicted alteration on the future outlook of the industry, by taking into the account the economic, political, technological and social parameters.
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