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PUBLISHER: AnalystView Market Insights | PRODUCT CODE: 1532868

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PUBLISHER: AnalystView Market Insights | PRODUCT CODE: 1532868

Smart Motors Market, By Component Type, By Application, By Voltage Type, By Country, and By Region - Industry Analysis, Market Size, Market Share & Forecast from 2024-2032

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REPORT HIGHLIGHT

Smart Motors Market size was valued at USD 2,340.21 Million in 2023, expanding at a CAGR of 6.79% from 2024 to 2032.

Smart motors are electric motors equipped with advanced sensors, controls, and communication capabilities aimed at enhancing efficiency and functionality in industrial and commercial applications. They integrate features like variable speed control, remote monitoring, and predictive maintenance to optimize performance and reduce energy consumption. The purpose of smart motors is to streamline operations, improve reliability through real-time monitoring, and support sustainable practices by minimizing energy waste and enhancing overall system integration within modern automated environments. These capabilities make smart motors essential components in achieving higher productivity and operational efficiency across various sectors.

Smart Motors Market- Market Dynamics

The market is driven by the increasing adoption of industrial automation.

The rise in industrial automation is a pivotal driving force behind the market's growth trajectory. As industries worldwide embrace automation to enhance productivity, efficiency, and operational reliability, demand for advanced technologies such as smart motors continue to surge. These motors play a crucial role in automated manufacturing processes by offering precision control, energy efficiency, and seamless integration with other automation systems. Their ability to optimize production throughput while reducing operational costs resonates across diverse sectors including manufacturing, automotive, aerospace, and consumer electronics.

Moreover, smart motors facilitate predictive maintenance and real-time monitoring capabilities, ensuring minimal downtime and enhanced reliability in industrial operations. This trend towards greater automation not only improves overall productivity but also supports sustainable practices by optimizing resource utilization and reducing environmental impact. As a result, the increasing adoption of industrial automation underscores smart motors' growing significance in driving innovation and efficiency across global industries.

Smart Motors Market- Key Insights

As per the analysis shared by our research analyst, the global market is estimated to grow annually at a CAGR of around 6.79% over the forecast period (2024-2032)

Based on Component type segmentation, Variable Speed Drive (VSD) was predicted to show maximum market share in the year 2023

Based on Application segmentation, Industrial Applications was the leading type in 2023

On the basis of region, Europe was the leading revenue generator in 2023

Smart Motors Market- Segmentation Analysis:

The Global Smart Motors Market is segmented on the basis of Component Type, Application, Voltage Type, and Region.

The market is divided into three categories based on Component type: Motor Control Centre, Variable Speed Drive, and Motor. In the smart motor market, the Variable Speed Drive (VSD) segment typically leads. Variable Speed Drives, also known as Variable Frequency Drives (VFDs), are essential components that control the speed and torque of electric motors by varying the frequency and voltage supplied to the motor. This capability enables precise control over motor operation, optimizing energy efficiency and performance in industrial applications.

The market is divided into six categories based on Application: Industrial applications encompass a wide range of sectors including manufacturing, machinery, robotics, and automation systems where smart motors are extensively used for precise control, automation, and energy efficiency. These applications demand high-performance motors with advanced features like integrated sensors, connectivity, and programmable capabilities to optimize production processes and reduce operational costs.

Smart Motors Market- Geographical Insights

Europe stands at the forefront of the smart motor market, propelled by several key factors that contribute to its leadership position. Technological advancements in automation and digitalization have enabled European companies to innovate and produce highly efficient smart motor solutions. Stringent energy efficiency regulations set by European Union directives drive the adoption of smart motors across industries, promoting sustainable practices and reducing carbon footprints.

Moreover, Europe's robust industrial automation adoption across sectors such as manufacturing, automotive, and energy underscores the widespread deployment of smart motor technologies. The region's commitment to sustainability aligns with global environmental goals, encouraging companies to invest heavily in research and development to enhance smart motor capabilities and performance.

Smart Motors Market- Competitive Landscape:

Leading companies such as Siemens AG, Schneider Electric SE, ABB Ltd., Rockwell Automation Inc., and Fuji Electric Co., Ltd. dominate the market with their cutting-edge smart motor technologies. These firms specialize in integrating IoT capabilities, enhancing energy efficiency, and implementing advanced control systems tailored for diverse industrial applications. Meanwhile, emerging players like Turntide Technologies Inc. and Nanotec Electronic GmbH & Co. KG are gaining momentum with innovative solutions that prioritize sustainability and operational efficiency. Key competitive strategies include forming strategic partnerships, investing in R&D, and expanding into burgeoning markets. For instance, Omaha's Baxter Auto Group recently expanded its footprint by acquiring its first dealership in Wisconsin.

Recent Developments:

In July 2024, Lagos and CIG Motors signed a joint venture deal aimed at deploying 5,000 new smart taxis. This collaboration is set to revolutionize urban transportation in Lagos, leveraging advanced smart motor technology to enhance efficiency and sustainability in the taxi service sector.

In January 2024, the Anderson Family completed the acquisition of Historic Smart Motors in Wisconsin. This acquisition marks a significant expansion for the Anderson Family into the automotive industry, aligning with their strategic goals to invest in innovative smart motor technologies and strengthen their presence in the Midwest market.Lagos, cig motors sign joint venture deal to roll out 5,000 new smart taxis

In October 2023, Applied Motion Products Inc., a manufacturer of components, unveiled the CSM34 Integrated StepSERVO Conveyor Smart Motors. This innovative product aims to streamline conveyor control, minimize installation complexity, and optimize space utilization.

SCOPE OF THE REPORT

The scope of this report covers the market by its major segments, which include as follows:

GLOBAL SMART MOTORS MARKET KEY PLAYERS- DETAILED COMPETITIVE INSIGHTS

Rockwell Automation Inc.

Moog Inc.

Fuji Electric Co., Ltd.

ABB Ltd.

Siemens AG

Schneider Electric SE

General Electric Co.

Dunkermotoren GmbH (Ametek Inc.)

Technosoft SA

RobotShop, Inc.

Roboteq, Inc.

Safran Electrical & Power

Nanotec Electronic GmbH & Co. KG

Turntide Technologies Inc.

Shanghai Moons' Electric Co. Ltd

GLOBAL SMART MOTORS MARKET, BY COMPONENT TYPE- MARKET ANALYSIS, 2019 - 2032

  • Motor Control Centre
  • Variable Speed Drive
  • Motor

GLOBAL SMART MOTORS MARKET, BY APPLICATION- MARKET ANALYSIS, 2019 - 2032

  • Commercial
  • Industrial
  • Consumer Electronics
  • Automotive
  • Aerospace & defense
  • Others

GLOBAL SMART MOTORS MARKET, BY VOLTAGE TYPE- MARKET ANALYSIS, 2019 - 2032

  • 18V
  • 24V
  • 36V
  • 48V & Above

GLOBAL SMART MOTORS MARKET, BY REGION- MARKET ANALYSIS, 2019 - 2032

  • North America
  • The U.S.
  • Canada
  • Europe
  • Germany
  • France
  • Italy
  • Spain
  • United Kingdom
  • Russia
  • Netherlands
  • Sweden
  • Poland
  • Rest of Europe
  • Asia Pacific
  • India
  • China
  • South Korea
  • Japan
  • Australia
  • Thailand
  • Indonesia
  • Philippines
  • Rest of APAC
  • Latin America
  • Brazil
  • Mexico
  • Argentina
  • Colombia
  • Rest of LATAM
  • The Middle East and Africa
  • Saudi Arabia
  • United Arab Emirates
  • Israel
  • Turkey
  • Algeria
  • Egypt
  • Rest of MEA
Product Code: ANV3447

Table of Contents

1. Smart Motors Market Overview

  • 1.1. Study Scope
  • 1.2. Market Estimation Years

2. Executive Summary

  • 2.1. Market Snippet
    • 2.1.1. Smart Motors Market Snippet by Component
    • 2.1.2. Smart Motors Market Snippet by Application
    • 2.1.3. Smart Motors Market Snippet by Voltage Type
    • 2.1.4. Smart Motors Market Snippet by Country
    • 2.1.5. Smart Motors Market Snippet by Region
  • 2.2. Competitive Insights

3. Smart Motors Key Market Trends

  • 3.1. Smart Motors Market Drivers
    • 3.1.1. Impact Analysis of Market Drivers
  • 3.2. Smart Motors Market Restraints
    • 3.2.1. Impact Analysis of Market Restraints
  • 3.3. Smart Motors Market Opportunities
  • 3.4. Smart Motors Market Future Trends

4. Smart Motors Industry Study

  • 4.1. PEST Analysis
  • 4.2. Porter's Five Forces Analysis
  • 4.3. Growth Prospect Mapping
  • 4.4. Regulatory Framework Analysis

5. Smart Motors Market: COVID-19 Impact Analysis

  • 5.1. Pre-COVID-19 Impact Analysis
  • 5.2. Post-COVID-19 Impact Analysis
    • 5.2.1. Top Performing Segments
    • 5.2.2. Marginal Growth Segments
    • 5.2.3. Top Looser Segments
    • 5.2.4. Marginal Loss Segments

6. Smart Motors Market Landscape

  • 6.1. Smart Motors Market Share Analysis, 2023
  • 6.2. Breakdown Data, by Key Manufacturer
    • 6.2.1. Established Players' Analysis
    • 6.2.2. Emerging Players' Analysis

7. Smart Motors Market - By Component

  • 7.1. Overview
    • 7.1.1. Segment Share Analysis, By Component, 2023 & 2032 (%)
    • 7.1.2. Motor Control Centre
    • 7.1.3. Variable Speed Drive
    • 7.1.4. Motor

8. Smart Motors Market - By Application

  • 8.1. Overview
    • 8.1.1. Segment Share Analysis, By Application, 2023 & 2032 (%)
    • 8.1.2. Commercial
    • 8.1.3. Industrial
    • 8.1.4. Consumer Electronics
    • 8.1.5. Automotive
    • 8.1.6. Aerospace & defence
    • 8.1.7. Others

9. Smart Motors Market - By Voltage Type

  • 9.1. Overview
    • 9.1.1. Segment Share Analysis, By Voltage Type, 2023 & 2032 (%)
    • 9.1.2. 18V
    • 9.1.3. 24V
    • 9.1.4. 36V
    • 9.1.5. 48V & Above

10. Smart Motors Market- By Geography

  • 10.1. Introduction
    • 10.1.1. Segment Share Analysis, By Geography, 2023 & 2032 (%)
  • 10.2. North America
    • 10.2.1. Overview
    • 10.2.2. Smart Motors Key Manufacturers in North America
    • 10.2.3. North America Market Size and Forecast, By Country, 2019 - 2032 (US$ Million)
    • 10.2.4. North America Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
    • 10.2.5. North America Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
    • 10.2.6. North America Market Size and Forecast, By Voltage Type, 2019 - 2032 (US$ Million)
    • 10.2.7. U.S.
      • 10.2.7.1. Overview
      • 10.2.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
      • 10.2.7.3. U.S. Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
      • 10.2.7.4. U.S. Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
      • 10.2.7.5. U.S. Market Size and Forecast, By Voltage Type, 2019 - 2032 (US$ Million)
    • 10.2.8. Canada
      • 10.2.8.1. Overview
      • 10.2.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
      • 10.2.8.3. Canada Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
      • 10.2.8.4. Canada Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
      • 10.2.8.5. Canada Market Size and Forecast, By Voltage Type, 2019 - 2032 (US$ Million)
  • 10.3. Europe
    • 10.3.1. Overview
    • 10.3.2. Smart Motors Key Manufacturers in Europe
    • 10.3.3. Europe Market Size and Forecast, By Country, 2019 - 2032 (US$ Million)
    • 10.3.4. Europe Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
    • 10.3.5. Europe Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
    • 10.3.6. Europe Market Size and Forecast, By Voltage Type, 2019 - 2032 (US$ Million)
    • 10.3.7. Germany
      • 10.3.7.1. Overview
      • 10.3.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
      • 10.3.7.3. Germany Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
      • 10.3.7.4. Germany Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
      • 10.3.7.5. Germany Market Size and Forecast, By Voltage Type, 2019 - 2032 (US$ Million)
    • 10.3.8. Italy
      • 10.3.8.1. Overview
      • 10.3.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
      • 10.3.8.3. Italy Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
      • 10.3.8.4. Italy Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
      • 10.3.8.5. Italy Market Size and Forecast, By Voltage Type, 2019 - 2032 (US$ Million)
    • 10.3.9. United Kingdom
      • 10.3.9.1. Overview
      • 10.3.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
      • 10.3.9.3. United Kingdom Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
      • 10.3.9.4. United Kingdom Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
      • 10.3.9.5. United Kingdom Market Size and Forecast, By Voltage Type, 2019 - 2032 (US$ Million)
    • 10.3.10. France
      • 10.3.10.1. Overview
      • 10.3.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
      • 10.3.10.3. France Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
      • 10.3.10.4. France Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
      • 10.3.10.5. France Market Size and Forecast, By Voltage Type, 2019 - 2032 (US$ Million)
    • 10.3.11. Russia
      • 10.3.11.1. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
      • 10.3.11.2. Russia Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
      • 10.3.11.3. Russia Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
      • 10.3.11.4. Russia Market Size and Forecast, By Voltage Type, 2019 - 2032 (US$ Million)
    • 10.3.12. Netherlands
      • 10.3.12.1. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
      • 10.3.12.2. Netherlands Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
      • 10.3.12.3. Netherlands Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
      • 10.3.12.4. Netherlands Market Size and Forecast, By Voltage Type, 2019 - 2032 (US$ Million)
    • 10.3.13. Sweden
      • 10.3.13.1. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
      • 10.3.13.2. Sweden Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
      • 10.3.13.3. Sweden Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
      • 10.3.13.4. Sweden Market Size and Forecast, By Voltage Type, 2019 - 2032 (US$ Million)
    • 10.3.14. Poland
      • 10.3.14.1. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
      • 10.3.14.2. Poland Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
      • 10.3.14.3. Poland Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
      • 10.3.14.4. Poland Market Size and Forecast, By Voltage Type, 2019 - 2032 (US$ Million)
    • 10.3.15. Rest of Europe
      • 10.3.15.1. Overview
      • 10.3.15.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
      • 10.3.15.3. Rest of the Europe Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
      • 10.3.15.4. Rest of the Europe Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
      • 10.3.15.5. Rest of the Europe Market Size and Forecast, By Voltage Type, 2019 - 2032 (US$ Million)
  • 10.4. Asia Pacific (APAC)
    • 10.4.1. Overview
    • 10.4.2. Smart Motors Key Manufacturers in Asia Pacific
    • 10.4.3. Asia Pacific Market Size and Forecast, By Country, 2019 - 2032 (US$ Million)
    • 10.4.4. Asia Pacific Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
    • 10.4.5. Asia Pacific Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
    • 10.4.6. Asia Pacific Market Size and Forecast, By Voltage Type, 2019 - 2032 (US$ Million)
    • 10.4.7. India
      • 10.4.7.1. Overview
      • 10.4.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
      • 10.4.7.3. India Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
      • 10.4.7.4. India Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
      • 10.4.7.5. India Market Size and Forecast, By Voltage Type, 2019 - 2032 (US$ Million)
    • 10.4.8. China
      • 10.4.8.1. Overview
      • 10.4.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
      • 10.4.8.3. China Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
      • 10.4.8.4. China Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
      • 10.4.8.5. China Market Size and Forecast, By Voltage Type, 2019 - 2032 (US$ Million)
    • 10.4.9. Japan
      • 10.4.9.1. Overview
      • 10.4.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
      • 10.4.9.3. Japan Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
      • 10.4.9.4. Japan Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
      • 10.4.9.5. Japan Market Size and Forecast, By Voltage Type, 2019 - 2032 (US$ Million)
    • 10.4.10. South Korea
      • 10.4.10.1. Overview
      • 10.4.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
      • 10.4.10.3. South Korea Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
      • 10.4.10.4. South Korea Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
      • 10.4.10.5. South Korea Market Size and Forecast, By Voltage Type, 2019 - 2032 (US$ Million)
    • 10.4.11. Australia
      • 10.4.11.1. Overview
      • 10.4.11.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
      • 10.4.11.3. Australia Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
      • 10.4.11.4. Australia Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
      • 10.4.11.5. Australia Market Size and Forecast, By Voltage Type, 2019 - 2032 (US$ Million)
    • 10.4.12. Thailand
      • 10.4.12.1. Overview
      • 10.4.12.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
      • 10.4.12.3. Thailand Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
      • 10.4.12.4. Thailand Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
      • 10.4.12.5. Thailand Market Size and Forecast, By Voltage Type, 2019 - 2032 (US$ Million)
    • 10.4.13. Indonesia
      • 10.4.13.1. Overview
      • 10.4.13.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
      • 10.4.13.3. Indonesia Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
      • 10.4.13.4. Indonesia Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
      • 10.4.13.5. Indonesia Market Size and Forecast, By Voltage Type, 2019 - 2032 (US$ Million)
    • 10.4.14. Philippines
      • 10.4.14.1. Overview
      • 10.4.14.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
      • 10.4.14.3. Philippines Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
      • 10.4.14.4. Philippines Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
      • 10.4.14.5. Philippines Market Size and Forecast, By Voltage Type, 2019 - 2032 (US$ Million)
    • 10.4.15. Rest of APAC
      • 10.4.15.1. Overview
      • 10.4.15.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
      • 10.4.15.3. Rest of APAC Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
      • 10.4.15.4. Rest of APAC Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
      • 10.4.15.5. Rest of APAC Market Size and Forecast, By Voltage Type, 2019 - 2032 (US$ Million)
  • 10.5. Latin America
    • 10.5.1. Overview
    • 10.5.2. Smart Motors Key Manufacturers in Latin America
    • 10.5.3. Latin America Market Size and Forecast, By Country, 2019 - 2032 (US$ Million)
    • 10.5.4. Latin America Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
    • 10.5.5. Latin America Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
    • 10.5.6. Latin America Market Size and Forecast, By Voltage Type, 2019 - 2032 (US$ Million)
    • 10.5.7. Brazil
      • 10.5.7.1. Overview
      • 10.5.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
      • 10.5.7.3. Brazil Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
      • 10.5.7.4. Brazil Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
      • 10.5.7.5. Brazil Market Size and Forecast, By Voltage Type, 2019 - 2032 (US$ Million)
    • 10.5.8. Mexico
      • 10.5.8.1. Overview
      • 10.5.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
      • 10.5.8.3. Mexico Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
      • 10.5.8.4. Mexico Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
      • 10.5.8.5. Mexico Market Size and Forecast, By Voltage Type, 2019 - 2032 (US$ Million)
    • 10.5.9. Argentina
      • 10.5.9.1. Overview
      • 10.5.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
      • 10.5.9.3. Argentina Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
      • 10.5.9.4. Argentina Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
      • 10.5.9.5. Argentina Market Size and Forecast, By Voltage Type, 2019 - 2032 (US$ Million)
    • 10.5.10. Colombia
      • 10.5.10.1. Overview
      • 10.5.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
      • 10.5.10.3. Colombia Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
      • 10.5.10.4. Colombia Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
      • 10.5.10.5. Colombia Market Size and Forecast, By Voltage Type, 2019 - 2032 (US$ Million)
    • 10.5.11. Rest of LATAM
      • 10.5.11.1. Overview
      • 10.5.11.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
      • 10.5.11.3. Rest of LATAM Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
      • 10.5.11.4. Rest of LATAM Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
      • 10.5.11.5. Rest of LATAM Market Size and Forecast, By Voltage Type, 2019 - 2032 (US$ Million)
  • 10.6. Middle East and Africa
    • 10.6.1. Overview
    • 10.6.2. Smart Motors Key Manufacturers in Middle East and Africa
    • 10.6.3. Middle East and Africa Market Size and Forecast, By Country, 2019 - 2032 (US$ Million)
    • 10.6.4. Middle East and Africa Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
    • 10.6.5. Middle East and Africa Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
    • 10.6.6. Middle East and Africa Market Size and Forecast, By Voltage Type, 2019 - 2032 (US$ Million)
    • 10.6.7. Saudi Arabia
      • 10.6.7.1. Overview
      • 10.6.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
      • 10.6.7.3. Saudi Arabia Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
      • 10.6.7.4. Saudi Arabia Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
      • 10.6.7.5. Saudi Arabia Market Size and Forecast, By Voltage Type, 2019 - 2032 (US$ Million)
    • 10.6.8. United Arab Emirates
      • 10.6.8.1. Overview
      • 10.6.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
      • 10.6.8.3. United Arab Emirates Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
      • 10.6.8.4. United Arab Emirates Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
      • 10.6.8.5. United Arab Emirates Market Size and Forecast, By Voltage Type, 2019 - 2032 (US$ Million)
    • 10.6.9. Israel
      • 10.6.9.1. Overview
      • 10.6.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
      • 10.6.9.3. Israel Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
      • 10.6.9.4. Israel Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
      • 10.6.9.5. Israel Market Size and Forecast, By Voltage Type, 2019 - 2032 (US$ Million)
    • 10.6.10. Turkey
      • 10.6.10.1. Overview
      • 10.6.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
      • 10.6.10.3. Turkey Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
      • 10.6.10.4. Turkey Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
      • 10.6.10.5. Turkey Market Size and Forecast, By Voltage Type, 2019 - 2032 (US$ Million)
    • 10.6.11. Algeria
      • 10.6.11.1. Overview
      • 10.6.11.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
      • 10.6.11.3. Algeria Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
      • 10.6.11.4. Algeria Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
      • 10.6.11.5. Algeria Market Size and Forecast, By Voltage Type, 2019 - 2032 (US$ Million)
    • 10.6.12. Egypt
      • 10.6.12.1. Overview
      • 10.6.12.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
      • 10.6.12.3. Egypt Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
      • 10.6.12.4. Egypt Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
      • 10.6.12.5. Egypt Market Size and Forecast, By Voltage Type, 2019 - 2032 (US$ Million)
    • 10.6.13. Rest of MEA
      • 10.6.13.1. Overview
      • 10.6.13.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
      • 10.6.13.3. Rest of MEA Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
      • 10.6.13.4. Rest of MEA Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
      • 10.6.13.5. Rest of MEA Market Size and Forecast, By Voltage Type, 2019 - 2032 (US$ Million)

11. Key Vendor Analysis- Smart Motors Industry

  • 11.1. Competitive Dashboard
  • 11.2. Company Profiles
    • 11.2.1. Rockwell Automation Inc.
    • 11.2.2. Moog Inc.
    • 11.2.3. Fuji Electric Co., Ltd.
    • 11.2.4. ABB Ltd.
    • 11.2.5. Siemens AG
    • 11.2.6. Schneider Electric SE
    • 11.2.7. General Electric Co.
    • 11.2.8. Dunkermotoren GmbH (Ametek Inc.)
    • 11.2.9. Technosoft SA
    • 11.2.10. RobotShop, Inc.
    • 11.2.11. Roboteq, Inc.
    • 11.2.12. Safran Electrical & Power
    • 11.2.13. Nanotec Electronic GmbH & Co. KG
    • 11.2.14. Turntide Technologies Inc.
    • 11.2.15. Shanghai Moons' Electric Co. Ltd

12. 360 Degree Analyst View

13. Appendix

  • 13.1. Research Methodology
  • 13.2. References
  • 13.3. Abbreviations
  • 13.4. Disclaimer
  • 13.5. Contact Us
Product Code: ANV3447

List of Tables

  • TABLE List of data sources
  • TABLE Market drivers; Impact Analysis
  • TABLE Market restraints; Impact Analysis
  • TABLE Smart Motors Market: Component Snapshot (2023)
  • TABLE Segment Dashboard; Definition and Scope, by Component
  • TABLE Global Smart Motors Market, by Component 2019-2032 (USD Million)
  • TABLE Smart Motors Market: Application Snapshot (2023)
  • TABLE Segment Dashboard; Definition and Scope, by Application
  • TABLE Global Smart Motors Market, by Application 2019-2032 (USD Million)
  • TABLE Smart Motors Market: Voltage Type Snapshot (2023)
  • TABLE Segment Dashboard; Definition and Scope, by Voltage Type
  • TABLE Global Smart Motors Market, by Voltage Type 2019-2032 (USD Million)
  • TABLE Smart Motors Market: Regional snapshot (2023)
  • TABLE Segment Dashboard; Definition and Scope, by Region
  • TABLE Global Smart Motors Market, by Region 2019-2032 (USD Million)
  • TABLE North America Smart Motors Market, by Country, 2019-2032 (USD Million)
  • TABLE North America Smart Motors Market, by Component, 2019-2032 (USD Million)
  • TABLE North America Smart Motors Market, by Application, 2019-2032 (USD Million)
  • TABLE North America Smart Motors Market, by Voltage Type, 2019-2032 (USD Million)
  • TABLE Europe Smart Motors Market, by Country, 2019-2032 (USD Million)
  • TABLE Europe Smart Motors Market, by Component, 2019-2032 (USD Million)
  • TABLE Europe Smart Motors Market, by Application, 2019-2032 (USD Million)
  • TABLE Europe Smart Motors Market, by Voltage Type, 2019-2032 (USD Million)
  • TABLE Asia Pacific Smart Motors Market, by Country, 2019-2032 (USD Million)
  • TABLE Asia Pacific Smart Motors Market, by Component, 2019-2032 (USD Million)
  • TABLE Asia Pacific Smart Motors Market, by Application, 2019-2032 (USD Million)
  • TABLE Asia Pacific Smart Motors Market, by Voltage Type, 2019-2032 (USD Million)
  • TABLE Latin America Smart Motors Market, by Country, 2019-2032 (USD Million)
  • TABLE Latin America Smart Motors Market, by Component, 2019-2032 (USD Million)
  • TABLE Latin America Smart Motors Market, by Application, 2019-2032 (USD Million)
  • TABLE Latin America Smart Motors Market, by Voltage Type, 2019-2032 (USD Million)
  • TABLE Middle East and Africa Smart Motors Market, by Country, 2019-2032 (USD Million)
  • TABLE Middle East and Africa Smart Motors Market, by Component, 2019-2032 (USD Million)
  • TABLE Middle East and Africa Smart Motors Market, by Application, 2019-2032 (USD Million)
  • TABLE Middle East and Africa Smart Motors Market, by Voltage Type, 2019-2032 (USD Million)

List of Figures

  • FIGURE Smart Motors Market Segmentation
  • FIGURE Market research methodology
  • FIGURE Value chain analysis
  • FIGURE Porter's Five Forces Analysis
  • FIGURE Market Attractiveness Analysis
  • FIGURE COVID-19 Impact Analysis
  • FIGURE Pre & Post COVID-19 Impact Comparision Study
  • FIGURE Competitive Landscape; Key company market share analysis, 2023
  • FIGURE Component segment market share analysis, 2023 & 2032
  • FIGURE Component segment market size forecast and trend analysis, 2019 to 2032 (USD Million)
  • FIGURE Application segment market share analysis, 2023 & 2032
  • FIGURE Application segment market size forecast and trend analysis, 2019 to 2032 (USD Million)
  • FIGURE Voltage Type segment market share analysis, 2023 & 2032
  • FIGURE Voltage Type segment market size forecast and trend analysis, 2019 to 2032 (USD Million)
  • FIGURE Regional segment market share analysis, 2023 & 2032
  • FIGURE Regional segment market size forecast and trend analysis, 2019 to 2032 (USD Million)
  • FIGURE North America Smart Motors Market share and leading players, 2023
  • FIGURE Europe Smart Motors Market share and leading players, 2023
  • FIGURE Asia Pacific Smart Motors Market share and leading players, 2023
  • FIGURE Latin America Smart Motors Market share and leading players, 2023
  • FIGURE Middle East and Africa Smart Motors Market share and leading players, 2023
  • FIGURE North America market share analysis by country, 2023
  • FIGURE U.S. Smart Motors Market size, forecast and trend analysis, 2019 to 2032 (USD Million)
  • FIGURE Canada Smart Motors Market size, forecast and trend analysis, 2019 to 2032 (USD Million)
  • FIGURE Europe Smart Motors Market share analysis by country, 2023
  • FIGURE Germany Smart Motors Market size, forecast and trend analysis, 2019 to 2032 (USD Million)
  • FIGURE Spain Smart Motors Market size, forecast and trend analysis, 2019 to 2032 (USD Million)
  • FIGURE Italy Smart Motors Market size, forecast and trend analysis, 2019 to 2032 (USD Million)
  • FIGURE France Smart Motors Market size, forecast and trend analysis, 2019 to 2032 (USD Million)
  • FIGURE UK Smart Motors Market size, forecast and trend analysis, 2019 to 2032 (USD Million)
  • FIGURE Russia Smart Motors Market size, forecast and trend analysis, 2019 to 2032 (USD Million)
  • FIGURE Netherlands Smart Motors Market size, forecast and trend analysis, 2019 to 2032 (USD Million)
  • FIGURE Sweden Smart Motors Market size, forecast and trend analysis, 2019 to 2032 (USD Million)
  • FIGURE Poland Smart Motors Market size, forecast and trend analysis, 2019 to 2032 (USD Million)
  • FIGURE Rest of the Europe Smart Motors Market size, forecast and trend analysis, 2019 to 2032 (USD Million)
  • FIGURE Asia Pacific Smart Motors Market share analysis by country, 2023
  • FIGURE India Smart Motors Market size, forecast and trend analysis, 2019 to 2032 (USD Million)
  • FIGURE China Smart Motors Market size, forecast and trend analysis, 2019 to 2032 (USD Million)
  • FIGURE Japan Smart Motors Market size, forecast and trend analysis, 2019 to 2032 (USD Million)
  • FIGURE South Korea Smart Motors Market size, forecast and trend analysis, 2019 to 2032 (USD Million)
  • FIGURE Australia Smart Motors Market size, forecast and trend analysis, 2019 to 2032 (USD Million)
  • FIGURE Thailand Smart Motors Market size, forecast and trend analysis, 2019 to 2032 (USD Million)
  • FIGURE Indonesia Smart Motors Market size, forecast and trend analysis, 2019 to 2032 (USD Million)
  • FIGURE Philippines Smart Motors Market size, forecast and trend analysis, 2019 to 2032 (USD Million)
  • FIGURE Rest of APAC Smart Motors Market size, forecast and trend analysis, 2019 to 2032 (USD Million)
  • FIGURE Latin America Smart Motors Market size, forecast and trend analysis, 2019 to 2032 (USD Million)
  • FIGURE Latin America Smart Motors Market share analysis by country, 2023
  • FIGURE Brazil Smart Motors Market size, forecast and trend analysis, 2019 to 2032 (USD Million)
  • FIGURE Mexico Smart Motors Market size, forecast and trend analysis, 2019 to 2032 (USD Million)
  • FIGURE Argentina Smart Motors Market size, forecast and trend analysis, 2019 to 2032 (USD Million)
  • FIGURE Colombia Smart Motors Market size, forecast and trend analysis, 2019 to 2032 (USD Million)
  • FIGURE Rest of LATAM Smart Motors Market size, forecast and trend analysis, 2019 to 2032 (USD Million)
  • FIGURE Middle East and Africa Smart Motors Market size, forecast and trend analysis, 2019 to 2032 (USD Million)
  • FIGURE Middle East and Africa Smart Motors Market share analysis by country, 2023
  • FIGURE Saudi Arabia Smart Motors Market size, forecast and trend analysis, 2019 to 2032 (USD Million)
  • FIGURE United Arab Emirates Smart Motors Market size, forecast and trend analysis, 2019 to 2032 (USD Million)
  • FIGURE Israel Smart Motors Market size, forecast and trend analysis, 2019 to 2032 (USD Million)
  • FIGURE Turkey Smart Motors Market size, forecast and trend analysis, 2019 to 2032 (USD Million)
  • FIGURE Algeria Smart Motors Market size, forecast and trend analysis, 2019 to 2032 (USD Million)
  • FIGURE Egypt Smart Motors Market size, forecast and trend analysis, 2019 to 2032 (USD Million)
  • FIGURE Rest of MEA Smart Motors Market size, forecast and trend analysis, 2019 to 2032 (USD Million)
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