Industrial Motor Market
Industrial Motor Market Analysis by Efficiency (IE1, IE2, IE3, IE4), by Motor Type (DC Brushed motor, DC Brushless motor, Stepper motor, Traction Motor), by Application, by End Use Vertical & Regional Forecast 2022 to 2032
Analysis of Industrial Motor market covering 30 + countries including analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Global Industrial Motor Market Outlook (2022 to 2032)
The global industrial motor market is estimated at USD 17.7 Billion in 2022 and is forecast to reach USD 25.9 Billion by 2032, growing at a CAGR of 3.9% during 2022 to 2032.
Fact.MR estimates that industrial motor market accounted around ~16% of the global motors market in 2021 due to the fact that companies started moving towards using technically advanced industrial motors that can save energy as well as reduce operation cost in recent past.
| Report Attributes | Details |
|---|---|
| Market size value in 2021A | USD 17.5 Billion |
| Market estimated value in 2022E | USD 17.7 Billion |
| Market forecast value in 2032F | USD 25.9 Billion |
| Global Growth Rate (2022 to 2032) | CAGR 3.9% |
| East Asia Market Size in 2021 | USD 6.6 Billion |
| East Asia Market Growth Rate (2022 to 2032) | CAGR 3.1% |
| Top 5 Companies Market Share in 2021 | ~34% |
| Key Companies Profiled | ABB Limited; Siemens Aktiengesellschaft.; WEG SA; TECO Electric & Machinery Co., Ltd.; Toshiba Corporation; Hyosung Corporation; Nidec Corporation; Regal Beloit Corporation; CG Power and Industrial Solutions Limited; Shandong Huali Electric Motor Group Co. Ltd. |
Also among various motor designs used in industrial applications, DC motors being used in servo applications on a large scale where accuracy and speed are important uplifted this market. Meanwhile, AC motors were also being largely used in heating and cooling equipment.
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Industrial Motor Market Historical Overview (2017 to 2021) Vs. Forecast Outlook (2022 to 2032)
- East Asia industrial motor market have been generating maximum revenue for industrial motor manufacturers from past half-decade. Around 37.8% of overall market valuation for industrial motor was generated by Asian countries in 2021 which is forecast to surpass valuation of USD 10.2 Billion by 2032 end, growing with 3.1% CAGR. Industrial motor business in China generated around 67.6% share of total business in 2021 and is projected to grow with exciting CAGR of 3.5% during 2022 to 2032.
- Global industrial motor market grew with CAGR of 2.1% with an absolute $ opportunity of USD 8.2 Billion during 2017 to 2021.
- DC brushless motor segment held the maximum market share ~34.2% in 2021 and is expected to gain 460 BPS within the forecast period by contributing the market with share of ~38.9% by end of 2032 that is around USD 10.1 Billion.
- Under end use for industrial motor, its use in pump and fan is estimated to hold market share of ~23.4% in 2022 and is likely to provide an absolute $ opportunity of USD 2.6 Billion by reaching a market valuation of USD 6.7 Billion in 2032.
Region-wise Insights
How East Asia is projected to Witness Largest Share for Market of Industrial Motor during the Forecast Period?
The East Asia industrial motor market is expected to provide maximum absolute $ opportunity to its manufacturers comprehended by the availability of strong supply chain networks of industrial motor manufacturers in this region.
Various industrial motors end use industries such as mixers, HVAC, pumps, hydraulics, and fans ha ve been expanding on a remarkable rate over past half-decade and similar trend is to be followed for upcoming decade. Thus, this region is expected to act as a constant source of demand for industrial motor manufacturers over the forecast period and generate considerable revenue for them.
Comprehending the aforementioned factors, China industrial motor market is estimated at USD 4.5 Billion in 2022 and is forecast to surpass market valuation of USD 7.3 Billion by end of 2032, growing at an exciting rate of 3.5% during the forecast period.
In addition, East Asia industrial motor market is forecast to surpass USD 10.2 Billion in 2032 out of which ~80% share is projected to be generated through China and Japan industrial motor markets during the same year.
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Category-wise Insights
Why DC Brushless Motor to be the Highly Preferred Motor Type?
The report has estimated that during the forecast period, sales of DC brushless motor will gain highest traction.
Compared to the various types of industrial motors, DC brushless are likely to emerge as the highly preferred motor type. DC brushless is projected to exceed USD 10.1 Billion revenue by 2032 end.
Brushless motor help in alleviating various issues related to the more common brushed motors. Moreover, these motors have much simple design. Brushless motors also offer various advantages such as high efficiency, minimum maintenance, and long life. These motors are finding high application in compressors, pumps and fans, where ruggedness and reliability are required.
Comprehending the aforementioned factors, DC brushless motor segment in motor type of industrial motors is projected to grow at 3.7% CAGR during 2022 to 2032 and is estimated to value around USD 6.7 Billion in 2022. This segment is projected to cover share around ~34.3% market valuation for industrial motor by 2022.
Which End Use of Industrial Motor Driving the Demand for This Market?
Commercial HVAC is likely to emerge as the biggest user of the industrial motor. Commercial HVAC is projected to create an incremental opportunity exceeding USD 2.6 Billion during 2022 to 2032.
HVAC systems are the largest consumers of energy in the building, hence, the demand for energy-efficient industrial motor in HVAC is growing. Manufacturers are also developing smart industrial motors that reduce payback time and offer high energy saving. Due to which, this particular end use is projected to provide maximum revenue generating opportunities for manufacturers.
What is the Scenario of Industrial Motors in Application of Pumps and Fans?
Industrial motors are likely to find the largest application in pumps and fans. Towards 2032 end, pumps and fans segment in industrial motors market is forecast to value around USD 6.7 Billion and is projected to create an absolute dollar opportunity of over USD 2.6 Billion during 2022 to 2032.
Energy efficient motors are being used on a large scale in the pumps and fans as it affects both the amount of mechanical power required by entire system and overall energy consumption. Thus, demand of industrial motors in pumps and fans is projected to gain 460 BPS during the forecast period of 2022 to 2032 and grow with CAGR of 4.2% during the same.
Competitive Landscape: Top Companies in Industrial Motor Market
The global industrial motor market is highly fragmented and competitive owing to the existence of many domestic and regional players. Various marketing strategies are adopted by key players such as mergers and acquisitions, expansions, collaborations and partnerships.
Also, new product development as a strategic approach is adopted by the leading companies to upscale their market presence among consumers. These strategies have resulted in the incorporation of advanced industrial motor.
Fact.MR has provided detailed information about price points of top manufacturers of industrial motor positioned across regions, sales growth, production capacity, and speculative technological expansion in the recently published report.
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Global Industrial Motor Market Segments
-
By Efficiency :
- IE1
- IE2
- IE3
- IE4
- DC and others
-
By Application :
- Compressors
- Pumps & Fans
- Conveyors
- Crushers
- Extruders
- Other Applications
-
By Motor Type :
- DC Brushed motor
- DC Brushless motor
- Stepper motor
- Traction Motor
-
By End Use Vertical :
- Commercial HVAC
- F&B Manufacturing
- Mining
- Utilities
- Other Sectors
-
By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia & Oceania
- MEA
Table of Content
- 1. Executive Summary
- 2. Market Overview
- 3. Market Background and Foundation Data Points
- 4. Market Risks and Trends Assessment
- 5. Key Success Factors
- 6. Global Market Demand (Units) Analysis 2017 to 2021 and Forecast, 2022 to 2032
- 7. Global Market - Pricing Analysis
- 8. Global Market Value Analysis 2017 to 2021 and Forecast, 2022 to 2032
- 9. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Application
- 9.1. Compressors
- 9.2. Pumps & Fans
- 9.3. Conveyors
- 9.4. Crushers
- 9.5. Extruders
- 9.6. Other Applications
- 10. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Efficiency
- 10.1. IE1
- 10.2. IE2
- 10.3. IE3
- 10.4. IE4
- 10.5. DC and others
- 11. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Motor Type
- 11.1. DC Brushed motor
- 11.2. DC Brushless motor
- 11.3. Stepper motor
- 11.4. Traction Motor
- 12. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By End Use Vertical
- 12.1. Commercial HVAC
- 12.2. F&B Manufacturing
- 12.3. Mining
- 12.4. Utilities
- 12.5. Other Sectors
- 13. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Region
- 13.1. North America
- 13.2. Latin America
- 13.3. Europe
- 13.4. East Asia
- 13.5. South Asia & Oceania
- 13.6. Middle East and Africa (MEA)
- 14. North America Market Analysis 2017 to 2021 and Forecast 2022 to 2032
- 15. Latin America Market Analysis 2017 to 2021 and Forecast 2022 to 2032
- 16. Europe Market Analysis 2017 to 2021 and Forecast 2022 to 2032
- 17. East Asia Market Analysis 2017 to 2021 and Forecast 2022 to 2032
- 18. South Asia & Oceania Market Analysis 2017 to 2021 and Forecast 2022 to 2032
- 19. Middle East and Africa Market Analysis 2017 to 2021 and Forecast 2022 to 2032
- 20. Key Countries Market Analysis 2017 to 2021 and Forecast 2022 to 2032
- 21. Market Structure Analysis
- 22. Competition Analysis
- 22.1. ABB Limited
- 22.2. Siemens Aktiengesellschaft
- 22.3. WEG SA
- 22.4. TECO Electric & Machinery Co., Ltd.
- 22.5. Toshiba Corporation
- 22.6. Hyosung Corporation
- 22.7. Nidec Corporation
- 22.8. Regal Beloit Corporation
- 22.9. CG Power and Industrial Solutions Limited
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List Of Table
Table No. 1. Global Market Value (USD Billion) and Volume (Units) Analysis, By Efficiency, 2017 to 2021
Table No. 2. Global Market Value (USD Billion) and Volume (Units) Analysis, By Efficiency, 2022 to 2032
Table No. 3. Global Market Value (USD Billion) and Volume (Units) Analysis, By Application, 2017 to 2021
Table No. 4. Global Market Value (USD Billion) and Volume (Units) Analysis, By Application, 2022 to 2032
Table No. 5. Global Market Value (USD Billion) and Volume (Units) Analysis, By Motor Type, 2017 to 2021
Table No. 6. Global Market Value (USD Billion) and Volume (Units) Analysis, By Motor Type, 2022 to 2032
Table No. 7. Global Market Value (USD Billion) and Volume (Units) Analysis, By End Use Vertical, 2017 to 2021
Table No. 8. Global Market Value (USD Billion) and Volume (Units) Analysis, By End Use Vertical, 2022 to 2032
Table No. 9. Global Value (USD Billion) and Volume (Units) Analysis, By Region, 2017 to 2021
Table No. 10. Global Market Value (USD Billion) and Volume (Units) Analysis, By Region, 2022 to 2032
Table No. 11. North America Market Value (USD Billion) and Volume (Units) Analysis, By Efficiency, 2017 to 2021
Table No. 12. North America Market Value (USD Billion) and Volume (Units) Analysis, By Efficiency, 2022 to 2032
Table No. 13. North America Market Value (USD Billion) and Volume (Units) Analysis, By Application, 2017 to 2021
Table No. 14. North America Market Value (USD Billion) and Volume (Units) Analysis, By Application, 2022 to 2032
Table No. 15. North America Market Value (USD Billion) and Volume (Units) Analysis, By Motor Type, 2017 to 2021
Table No. 16. North America Market Value (USD Billion) and Volume (Units) Analysis, By Motor Type, 2022 to 2032
Table No. 17. North America Market Value (USD Billion) and Volume (Units) Analysis, By End Use Vertical, 2017 to 2021
Table No. 18. North America Market Value (USD Billion) and Volume (Units) Analysis, By End Use Vertical, 2022 to 2032
Table No. 19. North America Value (USD Billion) and Volume (Units) Analysis, By Country, 2017 to 2021
Table No. 20. North America Market Value (USD Billion) and Volume (Units) Analysis, By Country, 2022 to 2032
Table No. 21. Latin America Market Value (USD Billion) and Volume (Units) Analysis, By Efficiency, 2017 to 2021
Table No. 22. Latin America Market Value (USD Billion) and Volume (Units) Analysis, By Efficiency, 2022 to 2032
Table No. 23. Latin America Market Value (USD Billion) and Volume (Units) Analysis, By Application, 2017 to 2021
Table No. 24. Latin America Market Value (USD Billion) and Volume (Units) Analysis, By Application, 2022 to 2032
Table No. 25. Latin America Market Value (USD Billion) and Volume (Units) Analysis, By Motor Type, 2017 to 2021
Table No. 26. Latin America Market Value (USD Billion) and Volume (Units) Analysis, By Motor Type, 2022 to 2032
Table No. 27. Latin America Market Value (USD Billion) and Volume (Units) Analysis, By End Use Vertical, 2017 to 2021
Table No. 28. Latin America Market Value (USD Billion) and Volume (Units) Analysis, By End Use Vertical, 2022 to 2032
Table No. 29. Latin America Value (USD Billion) and Volume (Units) Analysis, By Country, 2017 to 2021
Table No. 30. Latin America Market Value (USD Billion) and Volume (Units) Analysis, By Country, 2022 to 2032
Table No. 31. Europe Market Value (USD Billion) and Volume (Units) Analysis, By Efficiency, 2017 to 2021
Table No. 32. Europe Market Value (USD Billion) and Volume (Units) Analysis, By Efficiency, 2022 to 2032
Table No. 33. Europe Market Value (USD Billion) and Volume (Units) Analysis, By Application, 2017 to 2021
Table No. 34. Europe Market Value (USD Billion) and Volume (Units) Analysis, By Application, 2022 to 2032
Table No. 35. Europe Market Value (USD Billion) and Volume (Units) Analysis, By Motor Type, 2017 to 2021
Table No. 36. Europe Market Value (USD Billion) and Volume (Units) Analysis, By Motor Type, 2022 to 2032
Table No. 37. Europe Market Value (USD Billion) and Volume (Units) Analysis, By End Use Vertical, 2017 to 2021
Table No. 38. Europe Market Value (USD Billion) and Volume (Units) Analysis, By End Use Vertical, 2022 to 2032
Table No. 39. Europe Value (USD Billion) and Volume (Units) Analysis, By Country, 2017 to 2021
Table No. 40. Europe Market Value (USD Billion) and Volume (Units) Analysis, By Country, 2022 to 2032
Table No. 41. East Asia Market Value (USD Billion) and Volume (Units) Analysis, By Efficiency, 2017 to 2021
Table No. 42. East Asia Market Value (USD Billion) and Volume (Units) Analysis, By Efficiency, 2022 to 2032
Table No. 43. East Asia Market Value (USD Billion) and Volume (Units) Analysis, By Application, 2017 to 2021
Table No. 44. East Asia Market Value (USD Billion) and Volume (Units) Analysis, By Application, 2022 to 2032
Table No. 45. East Asia Market Value (USD Billion) and Volume (Units) Analysis, By Motor Type, 2017 to 2021
Table No. 46. East Asia Market Value (USD Billion) and Volume (Units) Analysis, By Motor Type, 2022 to 2032
Table No. 47. East Asia Market Value (USD Billion) and Volume (Units) Analysis, By End Use Vertical, 2017 to 2021
Table No. 48. East Asia Market Value (USD Billion) and Volume (Units) Analysis, By End Use Vertical, 2022 to 2032
Table No. 49. East Asia Value (USD Billion) and Volume (Units) Analysis, By Country, 2017 to 2021
Table No. 50. East Asia Market Value (USD Billion) and Volume (Units) Analysis, By Country, 2022 to 2032
Table No. 51. South Asia & Oceania Market Value (USD Billion) and Volume (Units) Analysis, By Efficiency, 2017 to 2021
Table No. 52. South Asia & Oceania Market Value (USD Billion) and Volume (Units) Analysis, By Efficiency, 2022 to 2032
Table No. 53. South Asia & Oceania Market Value (USD Billion) and Volume (Units) Analysis, By Application, 2017 to 2021
Table No. 54. South Asia & Oceania Market Value (USD Billion) and Volume (Units) Analysis, By Application, 2022 to 2032
Table No. 55. South Asia & Oceania Market Value (USD Billion) and Volume (Units) Analysis, By Motor Type, 2017 to 2021
Table No. 56. South Asia & Oceania Market Value (USD Billion) and Volume (Units) Analysis, By Motor Type, 2022 to 2032
Table No. 57. South Asia & Oceania Market Value (USD Billion) and Volume (Units) Analysis, By End Use Vertical, 2017 to 2021
Table No. 58. South Asia & Oceania Market Value (USD Billion) and Volume (Units) Analysis, By End Use Vertical, 2022 to 2032
Table No. 59. South Asia & Oceania Value (USD Billion) and Volume (Units) Analysis, By Country, 2017 to 2021
Table No. 60. South Asia & Oceania Market Value (USD Billion) and Volume (Units) Analysis, By Country, 2022 to 2032
Table No. 61. MEA Market Value (USD Billion) and Volume (Units) Analysis, By Efficiency, 2017 to 2021
Table No. 62. MEA Market Value (USD Billion) and Volume (Units) Analysis, By Efficiency, 2022 to 2032
Table No. 63. MEA Market Value (USD Billion) and Volume (Units) Analysis, By Application, 2017 to 2021
Table No. 64. MEA Market Value (USD Billion) and Volume (Units) Analysis, By Application, 2022 to 2032
Table No. 65. MEA Market Value (USD Billion) and Volume (Units) Analysis, By Motor Type, 2017 to 2021
Table No. 66. MEA Market Value (USD Billion) and Volume (Units) Analysis, By Motor Type, 2022 to 2032
Table No. 67. MEA Market Value (USD Billion) and Volume (Units) Analysis, By End Use Vertical, 2017 to 2021
Table No. 68. MEA Market Value (USD Billion) and Volume (Units) Analysis, By End Use Vertical, 2022 to 2032
Table No. 69. MEA Value (USD Billion) and Volume (Units) Analysis, By Country, 2017 to 2021
Table No. 70. MEA Market Value (USD Billion) and Volume (Units) Analysis, By Country, 2022 to 2032
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List Of Figures
Figure No. 1: Global Market, Volume Size and Forecast, By Efficiency, Volume (Units), 2022 to 2032
Figure No. 2: Global Market, Value Size and Forecast, By Efficiency, (USD Billion), 2022 to 2032
Figure No. 3: Global Market, Incremental Opportunity, By Efficiency, (USD Billion), 2022 to 2032
Figure No. 4: Global Market, Volume Size and Forecast, By Application, Volume (Units), 2022 to 2032
Figure No. 5: Global Market, Value Size and Forecast, By Application, (USD Billion), 2022 to 2032
Figure No. 6: Global Market, Incremental Opportunity, By Application, (USD Billion), 2022 to 2032
Figure No. 7: Global Market, Volume Size and Forecast, By Motor Type, Volume (Units), 2022 to 2032
Figure No. 8: Global Market, Value Size and Forecast, By Motor Type, (USD Billion), 2022 to 2032
Figure No. 9: Global Market, Incremental Opportunity, By Motor Type, (USD Billion), 2022 to 2032
Figure No. 10: Global Market, Volume Size and Forecast, By End Use Vertical, Volume (Units), 2022 to 2032
Figure No. 11: Global Market, Value Size and Forecast, By End Use Vertical, (USD Billion), 2022 to 2032
Figure No. 12: Global Market, Incremental Opportunity, By End Use Vertical, (USD Billion), 2022 to 2032
Figure No. 13: Global Market, Volume Size and Forecast, By Region, Volume (Units), 2022 to 2032
Figure No. 14: Global Market, Value Size and Forecast, By Region, (USD Billion), 2022 to 2032
Figure No. 15: Global Market, Incremental Opportunity, By Region, (USD Billion), 2022 to 2032
Figure No. 16: North America Market, Volume Size and Forecast, By Efficiency, Volume (Units), 2022 to 2032
Figure No. 17: North America Market, Value Size and Forecast, By Efficiency, (USD Billion), 2022 to 2032
Figure No. 18: North America Market, Incremental Opportunity, By Efficiency, (USD Billion), 2022 to 2032
Figure No. 19: North America Market, Volume Size and Forecast, By Application, Volume (Units), 2022 to 2032
Figure No. 20: North America Market, Value Size and Forecast, By Application, (USD Billion), 2022 to 2032
Figure No. 21: North America Market, Incremental Opportunity, By Application, (USD Billion), 2022 to 2032
Figure No. 22: North America Market, Volume Size and Forecast, By Motor Type, Volume (Units), 2022 to 2032
Figure No. 23: North America Market, Value Size and Forecast, By Motor Type, (USD Billion), 2022 to 2032
Figure No. 24: North America Market, Incremental Opportunity, By Motor Type, (USD Billion), 2022 to 2032
Figure No. 25: North America Market, Volume Size and Forecast, By End Use Vertical, Volume (Units), 2022 to 2032
Figure No. 26: North America Market, Value Size and Forecast, By End Use Vertical, (USD Billion), 2022 to 2032
Figure No. 27: North America Market, Incremental Opportunity, By End Use Vertical, (USD Billion), 2022 to 2032
Figure No. 28: North America Market, Volume Size and Forecast, By Country, Volume (Units), 2022 to 2032
Figure No. 29: North America Market, Value Size and Forecast, By Country, (USD Billion), 2022 to 2032
Figure No. 30: North America Market, Incremental Opportunity, By Country, (USD Billion), 2022 to 2032
Figure No. 31: Latin America Market, Volume Size and Forecast, By Efficiency, Volume (Units), 2022 to 2032
Figure No. 32: Latin America Market, Value Size and Forecast, By Efficiency, (USD Billion), 2022 to 2032
Figure No. 33: Latin America. Market, Incremental Opportunity, By Efficiency, (USD Billion), 2022 to 2032
Figure No. 34: Latin America Market, Volume Size and Forecast, By Application, Volume (Units), 2022 to 2032
Figure No. 35: Latin America Market, Value Size and Forecast, By Application, (USD Billion), 2022 to 2032
Figure No. 36: Latin America Market, Incremental Opportunity, By Application, (USD Billion), 2022 to 2032
Figure No. 37: Latin America Market, Volume Size and Forecast, By Motor Type, Volume (Units), 2022 to 2032
Figure No. 38: Latin America Market, Value Size and Forecast, By Motor Type, (USD Billion), 2022 to 2032
Figure No. 39: Latin America Market, Incremental Opportunity, By Motor Type, (USD Billion), 2022 to 2032
Figure No. 40: Latin America Market, Volume Size and Forecast, By End Use Vertical, Volume (Units), 2022 to 2032
Figure No. 41: Latin America Market, Value Size and Forecast, By End Use Vertical, (USD Billion), 2022 to 2032
Figure No. 42: Latin America Market, Incremental Opportunity, By End Use Vertical, (USD Billion), 2022 to 2032
Figure No. 43: Europe Market, Volume Size and Forecast, By Efficiency, Volume (Units), 2022 to 2032
Figure No. 44: Europe Market, Value Size and Forecast, By Efficiency, (USD Billion), 2022 to 2032
Figure No. 45: Europe Market, Incremental Opportunity, By Efficiency, (USD Billion), 2022 to 2032
Figure No. 46: Europe Market, Volume Size and Forecast, By Application, Volume (Units), 2022 to 2032
Figure No. 47: Europe Market, Value Size and Forecast, By Application, (USD Billion), 2022 to 2032
Figure No. 48: Europe Market, Incremental Opportunity, By Application, (USD Billion), 2022 to 2032
Figure No. 49: Europe Market, Volume Size and Forecast, By Motor Type, Volume (Units), 2022 to 2032
Figure No. 50: Europe Market, Value Size and Forecast, By Motor Type, (USD Billion), 2022 to 2032
Figure No. 51: Europe Market, Incremental Opportunity, By Motor Type, (USD Billion), 2022 to 2032
Figure No. 52: Europe Market, Volume Size and Forecast, By End Use Vertical, Volume (Units), 2022 to 2032
Figure No. 53: Europe Market, Value Size and Forecast, By End Use Vertical, (USD Billion), 2022 to 2032
Figure No. 54: Europe Market, Incremental Opportunity, By End Use Vertical, (USD Billion), 2022 to 2032
Figure No. 55: Europe Market, Volume Size and Forecast, By Country, Volume (Units), 2022 to 2032
Figure No. 56: Europe Market, Value Size and Forecast, By Country, (USD Billion), 2022 to 2032
Figure No. 57: Europe Market, Incremental Opportunity, By Country, (USD Billion), 2022 to 2032
Figure No. 58: East Asia Market, Volume Size and Forecast, By Efficiency, Volume (Units), 2022 to 2032
Figure No. 59: East Asia Market, Value Size and Forecast, By Efficiency, (USD Billion), 2022 to 2032
Figure No. 60: East Asia Market, Incremental Opportunity, By Efficiency, (USD Billion), 2022 to 2032
Figure No. 61: East Asia Market, Volume Size and Forecast, By Application, Volume (Units), 2022 to 2032
Figure No. 62: East Asia Market, Value Size and Forecast, By Application, (USD Billion), 2022 to 2032
Figure No. 63: East Asia Market, Incremental Opportunity, By Application, (USD Billion), 2022 to 2032
Figure No. 64: East Asia Market, Volume Size and Forecast, By Motor Type, Volume (Units), 2022 to 2032
Figure No. 65: East Asia Market, Value Size and Forecast, By Motor Type, (USD Billion), 2022 to 2032
Figure No. 66: East Asia Market, Incremental Opportunity, By Motor Type, (USD Billion), 2022 to 2032
Figure No. 67: East Asia Market, Volume Size and Forecast, By End Use Vertical, Volume (Units), 2022 to 2032
Figure No. 68: East Asia Market, Value Size and Forecast, By End Use Vertical, (USD Billion), 2022 to 2032
Figure No. 69: East Asia Market, Incremental Opportunity, By End Use Vertical, (USD Billion), 2022 to 2032
Figure No. 70: East Asia Market, Volume Size and Forecast, By Country, Volume (Units), 2022 to 2032
Figure No. 71: East Asia Market, Value Size and Forecast, By Country, (USD Billion), 2022 to 2032
Figure No. 72: East Asia Market, Incremental Opportunity, By Country, (USD Billion), 2022 to 2032
Figure No. 73: South Asia & Oceania Market, Volume Size and Forecast, By Efficiency, Volume (Units), 2022 to 2032
Figure No. 74: South Asia & Oceania Market, Value Size and Forecast, By Efficiency, (USD Billion), 2022 to 2032
Figure No. 75: South Asia & Oceania Market, Incremental Opportunity, By Efficiency, (USD Billion), 2022 to 2032
Figure No. 76: South Asia & Oceania Market, Volume Size and Forecast, By Application, Volume (Units), 2022 to 2032
Figure No. 77: South Asia & Oceania Market, Value Size and Forecast, By Application, (USD Billion), 2022 to 2032
Figure No. 78: South Asia & Oceania Market, Incremental Opportunity, By Application, (USD Billion), 2022 to 2032
Figure No. 79: South Asia & Oceania Market, Volume Size and Forecast, By Motor Type, Volume (Units), 2022 to 2032
Figure No. 80: South Asia & Oceania Market, Value Size and Forecast, By Motor Type, (USD Billion), 2022 to 2032
Figure No. 81: South Asia & Oceania Market, Incremental Opportunity, By Motor Type, (USD Billion), 2022 to 2032
Figure No. 82: South Asia & Oceania Market, Volume Size and Forecast, By End Use Vertical, Volume (Units), 2022 to 2032
Figure No. 83: South Asia & Oceania Market, Value Size and Forecast, By End Use Vertical, (USD Billion), 2022 to 2032
Figure No. 84: South Asia & Oceania Market, Incremental Opportunity, By End Use Vertical, (USD Billion), 2022 to 2032
Figure No. 85: South Asia & Oceania Market, Volume Size and Forecast, By Country, Volume (Units), 2022 to 2032
Figure No. 86: South Asia & Oceania Market, Value Size and Forecast, By Country, (USD Billion), 2022 to 2032
Figure No. 87: South Asia & Oceania Market, Incremental Opportunity, By Country, (USD Billion), 2022 to 2032
Figure No. 88: MEA Market, Volume Size and Forecast, By Efficiency, Volume (Units), 2022 to 2032
Figure No. 89: MEA Market, Value Size and Forecast, By Efficiency, (USD Billion), 2022 to 2032
Figure No. 90: MEA Market, Incremental Opportunity, By Efficiency, (USD Billion), 2022 to 2032
Figure No. 91: MEA Market, Volume Size and Forecast, By Application, Volume (Units), 2022 to 2032
Figure No. 92: MEA Market, Value Size and Forecast, By Application, (USD Billion), 2022 to 2032
Figure No. 93: MEA Market, Incremental Opportunity, By Application, (USD Billion), 2022 to 2032
Figure No. 94: MEA Market, Volume Size and Forecast, By Motor Type, Volume (Units), 2022 to 2032
Figure No. 95: MEA Market, Value Size and Forecast, By Motor Type, (USD Billion), 2022 to 2032
Figure No. 96: MEA Market, Incremental Opportunity, By Motor Type, (USD Billion), 2022 to 2032
Figure No. 97: MEA Market, Volume Size and Forecast, By End Use Vertical, Volume (Units), 2022 to 2032
Figure No. 98: MEA Market, Value Size and Forecast, By End Use Vertical, (USD Billion), 2022 to 2032
Figure No. 99: MEA Market, Incremental Opportunity, By End Use Vertical, (USD Billion), 2022 to 2032
Figure No. 100: MEA Market, Volume Size and Forecast, By Country, Volume (Units), 2022 to 2032
Figure No. 101: MEA Market, Value Size and Forecast, By Country, (USD Billion), 2022 to 2032
Figure No. 102: MEA Market, Incremental Opportunity, By Country, (USD Billion), 2022 to 2032
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
- FAQs -
What is the Global Industrial Motor Market scenario?
The global value of industrial motor market is estimated to be worth over USD 17.7 Billion in 2022.
How Far is the Global Demand Expected to reach over the Forecast Period?
Value of industrial motor market in 2032 is forecast to surpass USD 25.9 Billion by 2032 end.
What was the Last 5-year CAGR for the Demand in the Industrial Motor Market?
During 2017 to 2021, global industrial motor market grew at 2.1% CAGR.
Which Segment is Expected to Provide Maximum Absolute $ Opportunity during the Forecast Period of 2022 to 2032 in the Global Industrial Motor Market?
DC brushless motor segment is estimated to provide an absolute $ opportunity of USD 4.0 Billion during the forecast period (2022 to 2032).
Which was the Most Leading Region in the Industrial Motor Market in 2021?
East Asia topped the global industrial motor market by accounting around ~37.8% of the total market valuation for industrial motors in 2021.
Industrial Motor Market