Industrial Motors Market - Global Outlook & Forecast 2023-2028

Description

The global industrial motors market is expected to grow at a CAGR of 6.39% from 2022-2028.

MARKET TRENDS & OPPORTUNITIES

Demand for IE4 Efficiency Low Voltage Motors

There is a growing focus on energy efficiency and sustainability across industries worldwide. In response, manufacturers seek more energy-efficient motor options to reduce energy consumption and operating costs. IE4 efficiency motors offer significant energy savings compared to older, less efficient models. Apart from this, several regulations and standards are in place that mandate or incentivize the use of more energy-efficient motors. For example, the European Union's Eco-design Directive has set minimum efficiency standards for electric motors sold within the EU, which are becoming increasingly stringent. Similar regulations exist in other parts of the world, such as the US Energy Policy Act (EPAct) and China's Minimum Energy Performance Standards (MEPS).

Expansion of Warehouses in the APAC Region

Recently, warehousing and logistics facilities have been increasing due to a boost in e-commerce platforms. The warehousing sector has been strong for a few years in many countries of the APAC region. Several organizations are growing through omnichannel distribution networks and increasing their workforce to retain productivity. The requirement for warehouses is increasing rapidly due to the rise in demand for online delivery of goods. Demand for one-day delivery led to significant demand for warehouses, contributing to the industrial motors market. Increasing warehouses are expected to generate demand for industrial motors in the market. Warehousing and logistics facilities are transforming into modern warehouses. They are implementing automation & IoT solutions for accuracy, reducing error, saving time, and enhancing productivity. Thus, the demand for industrial motors will likely be generated from countries or regions with large warehousing facilities.

INDUSTRY RESTRAINTS

Supply Shortage of Electric Steel

Industrial and commercial motors suppliers are dealing with a serious issue, i.e., lack of electric steel. In the past, suppliers like Nidec Corporation, Siemens, ABB, and others haven't had much trouble acquiring supplies of essential raw materials needed to make their motors. Numerous supply disruptions have undoubtedly occurred throughout the industry's history, but relatively few have become long-term issues. The industrial motors market heavily relies on electric steel, which is used to manufacture the cores of the electric motors that power a wide range of industrial equipment, from manufacturing machinery to HVAC systems. However, there has been a recent supply shortage of electric steel, which has led to difficulties in meeting the demand for electric motors and has hampered the growth of the industrial motors market.

SEGMENTATION INSIGHTS

INSIGHTS BY PRODUCT

The industrial motors market includes two major types of motors - AC and DC motors. These motors are categorized into different types and used in various applications. The AC motor market is expected to grow at a CAGR of over 6% during the forecast period. There is a need to improve the efficiency and precision of motors to reduce the environmental impact. With the increased use of elevators, conveyors, compellers, and other industrial machinery, the adoption of IE4 and higher-efficiency motors is expected to flourish in the market.

Segmentation by Product

AC Motor
DC Motor

INSIGHTS BY POWER OUTPUT

The global industrial motors market by power output segments as IHP and FHP. IHP dominated the market share in revenue as they are commonly used in heavy-duty applications requiring higher power output, such as large-scale manufacturing, mining, oil and gas, and heavy machinery. These industries often require motors with greater horsepower to drive heavy loads and operate machinery efficiently. As a result, demand for IHP motors is generally higher in these sectors, contributing to their dominance. The end-users of FHP motors include food & beverage, electrical, and mechanical machinery components such as power drills and routers, among others.

Segmentation by Power Output

INSIGHTS BY VOLTAGE

The industrial motors market comprises various voltage brackets, including low, medium, and high-voltage. The low voltage motor market is governed by energy efficiency legislation in each of four types - IE1, IE2, IE3, and IE4 and accounts for the highest share in the market. The regional efficiency transition regulations in countries will require buyers of low voltage motors to purchase higher efficiency low voltage motors, which are more expensive. This dramatically affects revenue growth but not necessarily unit growth. During the forecast period, medium and high voltage are expected to thrive due to advantages such as suitability for advanced machines and long life.

Segmentation by Voltage

Low Voltage
Medium Voltage
High Voltage

INSIGHTS BY LOW VOLTAGE AC MOTOR BY EFFICIENCY

Key factors driving the growth of the energy-efficient motor industry are energy savings and resulting costs over conventional motors, growing funding from policymakers worldwide for energy-efficient motors, increasing need to reduce the greenhouse effect, and implementing energy-efficient motors in the manufacturing sector. However, the high cost of premium performance (IE4) motors is the key limiting factor for developing the industrial motors market.

Segmentation by Efficiency

INSIGHTS BY SALES CHANNEL

The global industrial motors market by sales channel is categorized as direct and indirect. Direct sales channels allow the consumer to buy goods directly. Many customers prefer to buy directly from vendors to reduce the extra cost incurred via third parties in the sales channel, such as dealers or distributors. Strategic partnerships are expected to reduce operational costs in the market. In the industrial motors market, there are three scenarios in the direct sales channel - direct to OEM, direct to end-user, and direct to system integrator. Direct-to-OEM sales channel held the largest segmental share in 2022. The indirect sales channel involves a third-party purchase through a distributor or dealer.

Segmentation by Sales Channel

Direct to OEM
Direct to End-user
Distributor to End-user
Distributor to OEM
Direct to System Integrator
Distributor to System Integrator

INSIGHTS BY END-USER

The HVAC end-user segment will hold the largest global industrial motors market share in 2022. The HVAC industry consists of motors used in heavy-duty applications such as ventilators, fans, exhaust fans, unit heaters, air conditioning units, smoke ventilation fans, and other applications. VFD (variable frequency drives) has increased in the HVAC industry, driving the demand for high-efficiency motors. The demand for industrial motors is anticipated to grow due to increased industrial production and replacing old motors with new energy-efficient motors.

Segmentation by End-User

HVAC
F&B
Power Generation
Warehousing
Mining
Paper & Paperboard
Automotive
Oil & Gas
Packaging
Metal Processing
Elevators and Escalators
Pharmaceutical
Machine Tools
Chemical
Others

GEOGRAPHICAL ANALYSIS

APAC accounted for the highest share of the global industrial motors market, accounting for over 33% in 2022, mostly due to the presence of leading manufacturing countries, such as China and Japan, and rapidly boosting industrialization in India. APAC was led by China, Japan, India, and South Korea, the significant industrial motors markets. Urbanization and industrialization in emerging countries like India are raising the demand for vehicles, thereby boosting the demand for industrial motors from the automotive industry.

Segmentation by Geography

APAC
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Malaysia
Europe
- Germany
- Italy
- France
- Spain
- The UK
- Poland
- Netherlands
North America
- The U.S.
- Canada
Latin America
- Brazil
- Mexico
- Chile
- Argentina
Middle East & Africa
- Saudi Arabia
- Turkey
- UAE
- South Africa
- Egypt

COMPETITIVE LANDSCAPE

There is currently an intensification of the competitive scenario in the global industrial motors market. Vendors are likely to be adversely affected by the rapidly evolving technological climate, as the characteristics of this sector are continuous developments and improvements according to schemes and government policies. The rivalry between vendors for market share is severe. The entrance into the industry of large motor firms presents a big challenge to domestic sellers. The present scenario pushes suppliers to adjust and refine their specific value propositions to maintain a strong industry presence.

Key Company Profiles

ABB
Allied Motion
Ametek
CG Power and Industrial Solutions
Danfoss
Johnson Electric Group
NIDEC CORPORATION
Regal Rexnord
Siemens
WEG

Other Prominent Vendors

Addison Electric
ARC Systems
Bonfiglioli
Brook Crompton
Dana Brevini Power Transmission
Eaton
ElectroCraft
Fuji Electric
General Electric
Groschopp
Hankscraft OEM Division
Maxon
Moog
Mitsubishi Electric Corporation
Parker Hannifin Corporation
Rockwell Automation
SEW-EURODRIVE
Sumitomo Heavy Industries
TECO-Westinghouse
Toshiba International Corporation

KEY QUESTIONS ANSWERED:

1. How big is the industrial motors market?

2. What is the growth rate of the global industrial motors market?

3. What are the growing trends in the industrial motors market?

4. Which region holds the most significant global industrial motors market share?

5. Who are the key players in the global industrial motors market?

Product Code: ARZ230806

1 RESEARCH METHODOLOGY

2 RESEARCH OBJECTIVES

3 RESEARCH PROCESS

4 SCOPE & COVERAGE

4.1 MARKET DEFINITION
- 4.1.1 INCLUSIONS
- 4.1.2 EXCLUSIONS
- 4.1.3 MARKET ESTIMATION CAVEATS
4.2 BASE YEAR
4.3 SCOPE OF THE STUDY
- 4.3.1 MARKET SEGMENTATION BY PRODUCT
- 4.3.2 MARKET SEGMENTATION BY POWER OUTPUT
- 4.3.3 MARKET SEGMENTATION BY VOLTAGE
- 4.3.4 MARKET SEGMENTATION BY LOW VOLTAGE AC MOTOR BY EFFICIENCY
- 4.3.5 MARKET SEGMENTATION BY SALES CHANNEL
- 4.3.6 MARKET SEGMENTATION BY END-USER
- 4.3.7 MARKET SEGMENTATION BY GEOGRAPHY

5 REPORT ASSUMPTIONS & CAVEATS

5.1 KEY CAVEATS
5.2 CURRENCY CONVERSION
5.3 MARKET DERIVATION

6 PREMIUM INSIGHTS

6.1 MARKET DEFINITION
6.2 REPORT OVERVIEW
6.3 RISK FACTORS
6.4 GLOBAL ECONOMY OUTLOOK
6.5 OPPORTUNITIES & CHALLENGE ANALYSIS
6.6 SEGMENT ANALYSIS
6.7 REGIONAL ANALYSIS
6.8 COMPETITIVE LANDSCAPE

7 MARKET AT A GLANCE

8 INTRODUCTION

8.1 OVERVIEW
- 8.1.1 INDUSTRY OUTLOOK
- 8.1.2 KEY INSIGHTS
- 8.1.3 PARAMETERS IMPACTING MARKET GROWTH
8.2 PRODUCT LIFECYCLE
8.3 PRICING & PROFIT MARGIN ANALYSIS
8.4 SUPPLIER & RAW MATERIAL SNAPSHOT
8.5 DEMAND AND SUPPLY FACTORS
8.6 GLOBAL ECONOMY OUTLOOK
8.7 RISK FACTORS
8.8 MAJOR HIGHLIGHTS
- 8.8.1 VALUE PROPOSITIONS TO FOCUS ON PRODUCT DEVELOPMENT
- 8.8.2 MAJOR VENDORS IN INDUSTRIAL MOTORS MARKET
- 8.8.3 REGIONS EXPERIENCING EXCEPTIONAL DEMAND & HIGH GROWTH

9 MARKET OPPORTUNITIES & TRENDS

9.1 DEMAND FOR IE4 EFFICIENCY LOW VOLTAGE MOTORS
9.2 INDUSTRY 4.0 ELEVATING THE INDUSTRIAL MOTORS MARKET
9.3 GROWING DATA CENTER INVESTMENTS
9.4 VFD BOOSTING EFFICIENCY OF IE2/IE3 AC LV MOTORS
9.5 RISING DEMAND FOR EVS

10 MARKET GROWTH ENABLERS

10.1 INCREASING INFRASTRUCTURAL DEVELOPMENT IN EMERGING COUNTRIES
10.2 EXPANSION OF WAREHOUSES IN THE APAC REGION
10.3 INCREASE IN AUTOMATION EXPENDITURE
10.4 INCREASING DEMAND FOR ENERGY-EFFICIENT MOTORS

11 MARKET RESTRAINTS

11.1 INCREASING COST OF RAW MATERIALS
11.2 VOLATILITY IN THE OIL & GAS INDUSTRY
11.3 TRADE CONFLICTS BETWEEN THE US & CHINA
11.4 SUPPLY SHORTAGE OF ELECTRIC STEEL

12 MARKET LANDSCAPE

12.1 MARKET OVERVIEW
- 12.1.1 RECENT ACQUISITIONS
- 12.1.2 DEMAND INSIGHTS
- 12.1.3 FUTURE OUTLOOK
- 12.1.4 KEY INSIGHTS
12.2 SWOT ANALYSIS
12.3 MARKET SIZE & FORECAST
12.4 FIVE FORCES ANALYSIS
- 12.4.1 THREAT OF NEW ENTRANTS
- 12.4.2 BARGAINING POWER OF SUPPLIERS
- 12.4.3 BARGAINING POWER OF BUYERS
- 12.4.4 THREAT OF SUBSTITUTES
- 12.4.5 COMPETITIVE RIVALRY

13 PRODUCT

13.1 MARKET SNAPSHOT & GROWTH ENGINE
13.2 MARKET OVERVIEW
13.3 AC MOTOR
- 13.3.1 MARKET SIZE & FORECAST
- 13.3.2 MARKET DYNAMICS
- 13.3.3 KEY HIGHLIGHTS
- 13.3.4 MARKET BY GEOGRAPHY
13.4 DC MOTOR
- 13.4.1 MARKET SIZE & FORECAST
- 13.4.2 MARKET DYNAMICS
- 13.4.3 KEY HIGHLIGHTS
- 13.4.4 MARKET BY GEOGRAPHY

14 POWER OUTPUT

14.1 MARKET SNAPSHOT & GROWTH ENGINE
14.2 MARKET OVERVIEW
14.3 IHP
- 14.3.1 MARKET SIZE & FORECAST
- 14.3.2 MARKET BY GEOGRAPHY
14.4 FHP
- 14.4.1 MARKET SIZE & FORECAST
- 14.4.2 MARKET BY GEOGRAPHY

15 VOLTAGE

15.1 MARKET SNAPSHOT & GROWTH ENGINE
15.2 MARKET OVERVIEW
15.3 LOW VOLTAGE
- 15.3.1 MARKET SIZE & FORECAST
- 15.3.2 MARKET DYNAMICS
- 15.3.3 REGIONAL OUTLOOK
- 15.3.4 COMPETITION OUTLOOK
- 15.3.5 MARKEY BY GEOGRAPHY
15.4 MEDIUM VOLTAGE
- 15.4.1 MARKET SIZE & FORECAST
- 15.4.2 REGIONAL OUTLOOK
- 15.4.3 COMPETITION OUTLOOK
- 15.4.4 MARKET BY GEOGRAPHY
15.5 HIGH VOLTAGE
- 15.5.1 MARKET SIZE & FORECAST
- 15.5.2 REGIONAL OUTLOOK
- 15.5.3 COMPETITION OUTLOOK
- 15.5.4 MARKET BY GEOGRAPHY

16 LOW VOLTAGE AC MOTOR BY EFFICIENCY

16.1 MARKET SNAPSHOT & GROWTH ENGINE
16.2 MARKET OVERVIEW
16.3 IE2
- 16.3.1 MARKET SIZE & FORECAST
- 16.3.2 MARKEY BY GEOGRAPHY
16.4 IE1
- 16.4.1 MARKET SIZE & FORECAST
- 16.4.2 MARKEY BY GEOGRAPHY
16.5 IE3
- 16.5.1 MARKET SIZE & FORECAST
- 16.5.2 MARKET BY GEOGRAPHY
16.6 IE4
- 16.6.1 MARKET SIZE & FORECAST
- 16.6.2 MARKET BY GEOGRAPHY

17 SALES CHANNEL

17.1 MARKET SNAPSHOT & GROWTH ENGINE (VALUE)
17.2 MARKET SNAPSHOT & GROWTH ENGINE (VOLUME)
17.3 MARKET OVERVIEW
- 17.3.1 DIRECT SALES CHANNEL
- 17.3.2 INDIRECT SALES CHANNEL
17.4 DIRECT TO OEM
- 17.4.1 MARKET OVERVIEW
- 17.4.2 MARKET SIZE & FORECAST (VALUE)
- 17.4.3 MARKET SIZE & FORECAST (VOLUME)
- 17.4.4 MARKEY BY GEOGRAPHY (VALUE)
- 17.4.5 MARKEY BY GEOGRAPHY (VOLUME)
17.5 DIRECT TO END-USER
- 17.5.1 MARKET OVERVIEW
- 17.5.2 MARKET SIZE & FORECAST (VALUE)
- 17.5.3 MARKET SIZE & FORECAST (VOLUME)
- 17.5.4 MARKET BY GEOGRAPHY (VALUE)
- 17.5.5 MARKET BY GEOGRAPHY (VOLUME)
17.6 DISTRIBUTOR TO END-USER
- 17.6.1 MARKET OVERVIEW
- 17.6.2 MARKET SIZE & FORECAST (VALUE)
- 17.6.3 MARKET SIZE & FORECAST (VOLUME)
- 17.6.4 MARKET BY GEOGRAPHY (VALUE)
- 17.6.5 MARKET BY GEOGRAPHY (VOLUME)
17.7 DISTRIBUTOR TO OEM
- 17.7.1 MARKET OVERVIEW
- 17.7.2 MARKET SIZE & FORECAST (VALUE)
- 17.7.3 MARKET SIZE & FORECAST (VOLUME)
- 17.7.4 MARKET BY GEOGRAPHY (VALUE)
- 17.7.5 MARKET BY GEOGRAPHY (VOLUME)
17.8 DIRECT TO SYSTEM INTEGRATOR
- 17.8.1 MARKET OVERVIEW
- 17.8.2 MARKET SIZE & FORECAST (VALUE)
- 17.8.3 MARKET SIZE & FORECAST (VOLUME)
- 17.8.4 MARKET BY GEOGRAPHY (VALUE)
- 17.8.5 MARKET BY GEOGRAPHY (VOLUME)
17.9 DISTRIBUTOR TO SYSTEM INTEGRATOR
- 17.9.1 MARKET OVERVIEW
- 17.9.2 MARKET SIZE & FORECAST (VALUE)
- 17.9.3 MARKET SIZE & FORECAST (VOLUME)
- 17.9.4 MARKET BY GEOGRAPHY (VALUE)
- 17.9.5 MARKET BY GEOGRAPHY (VOLUME)

18 END-USER

18.1 MARKET SNAPSHOT & GROWTH ENGINE (VALUE)
18.2 MARKET SNAPSHOT & GROWTH ENGINE (VOLUME)
18.3 MARKET OVERVIEW
18.4 HVAC
- 18.4.1 MARKET OVERVIEW
- 18.4.2 KEY HIGHLIGHTS
- 18.4.3 MARKET SIZE & FORECAST (VALUE)
- 18.4.4 MARKET SIZE & FORECAST (VOLUME)
- 18.4.5 MARKEY BY GEOGRAPHY (VALUE)
- 18.4.6 MARKEY BY GEOGRAPHY (VOLUME)
18.5 FOOD & BEVERAGE (F&B)
- 18.5.1 MARKET OVERVIEW
- 18.5.2 KEY HIGHLIGHTS
- 18.5.3 MARKET SIZE & FORECAST (VALUE)
- 18.5.4 MARKET SIZE & FORECAST (VOLUME)
- 18.5.5 MARKET BY GEOGRAPHY (VALUE)
- 18.5.6 MARKET BY GEOGRAPHY (VOLUME)
18.6 POWER GENERATION
- 18.6.1 MARKET OVERVIEW
- 18.6.2 KEY HIGHLIGHTS
- 18.6.3 MARKET SIZE & FORECAST (VALUE)
- 18.6.4 MARKET SIZE & FORECAST (VOLUME)
- 18.6.5 MARKET BY GEOGRAPHY (VALUE)
- 18.6.6 MARKET BY GEOGRAPHY (VOLUME)
18.7 WAREHOUSING
- 18.7.1 MARKET OVERVIEW
- 18.7.2 KEY HIGHLIGHTS
- 18.7.3 MARKET SIZE & FORECAST (VALUE)
- 18.7.4 MARKET SIZE & FORECAST (VOLUME)
- 18.7.5 MARKET BY GEOGRAPHY (VALUE)
- 18.7.6 MARKET BY GEOGRAPHY (VOLUME)
18.8 MINING
- 18.8.1 MARKET OVERVIEW
- 18.8.2 KEY HIGHLIGHTS
- 18.8.3 MARKET SIZE & FORECAST (VALUE)
- 18.8.4 MARKET SIZE & FORECAST (VOLUME)
- 18.8.5 MARKET BY GEOGRAPHY (VALUE)
- 18.8.6 MARKET BY GEOGRAPHY (VOLUME)
18.9 PAPER & PAPERBOARD
- 18.9.1 MARKET OVERVIEW
- 18.9.2 KEY HIGHLIGHTS
- 18.9.3 MARKET SIZE & FORECAST (VALUE)
- 18.9.4 MARKET SIZE & FORECAST (VOLUME)
- 18.9.5 MARKET BY GEOGRAPHY (VALUE)
- 18.9.6 MARKET BY GEOGRAPHY (VOLUME)
18.10 AUTOMOTIVE
- 18.10.1 MARKET OVERVIEW
- 18.10.2 KEY HIGHLIGHTS
- 18.10.3 MARKET SIZE & FORECAST (VALUE)
- 18.10.4 MARKET SIZE & FORECAST (VOLUME)
- 18.10.5 MARKET BY GEOGRAPHY (VALUE)
- 18.10.6 MARKET BY GEOGRAPHY (VOLUME)
18.11 OIL & GAS
- 18.11.1 MARKET OVERVIEW
- 18.11.2 KEY HIGHLIGHTS
- 18.11.3 MARKET SIZE & FORECAST (VALUE)
- 18.11.4 MARKET SIZE & FORECAST (VOLUME)
- 18.11.5 MARKET BY GEOGRAPHY (VALUE)
- 18.11.6 MARKET BY GEOGRAPHY (VOLUME)
18.12 PACKAGING
- 18.12.1 MARKET OVERVIEW
- 18.12.2 KEY HIGHLIGHTS
- 18.12.3 MARKET SIZE & FORECAST (VALUE)
- 18.12.4 MARKET SIZE & FORECAST (VOLUME)
- 18.12.5 MARKET BY GEOGRAPHY (VALUE)
- 18.12.6 MARKET BY GEOGRAPHY (VOLUME)
18.13 METAL PROCESSING
- 18.13.1 MARKET OVERVIEW
- 18.13.2 KEY HIGHLIGHTS
- 18.13.3 MARKET SIZE & FORECAST (VALUE)
- 18.13.4 MARKET SIZE & FORECAST (VOLUME)
- 18.13.5 MARKET BY GEOGRAPHY (VALUE)
- 18.13.6 MARKET BY GEOGRAPHY (VOLUME)
18.14 ELEVATORS & ESCALATORS
- 18.14.1 MARKET OVERVIEW
- 18.14.2 KEY HIGHLIGHTS
- 18.14.3 MARKET SIZE & FORECAST (VALUE)
- 18.14.4 MARKET SIZE & FORECAST (VOLUME)
- 18.14.5 MARKET BY GEOGRAPHY (VALUE)
- 18.14.6 MARKET BY GEOGRAPHY (VOLUME)
18.15 PHARMACEUTICAL
- 18.15.1 MARKET OVERVIEW
- 18.15.2 KEY HIGHLIGHTS
- 18.15.3 MARKET SIZE & FORECAST (VALUE)
- 18.15.4 MARKET SIZE & FORECAST (VOLUME)
- 18.15.5 MARKET BY GEOGRAPHY (VALUE)
- 18.15.6 MARKET BY GEOGRAPHY (VOLUME)
18.16 MACHINE TOOL
- 18.16.1 MARKET OVERVIEW
- 18.16.2 KEY HIGHLIGHTS
- 18.16.3 MARKET SIZE & FORECAST (VALUE)
- 18.16.4 MARKET SIZE & FORECAST (VOLUME)
- 18.16.5 MARKET BY GEOGRAPHY (VALUE)
- 18.16.6 MARKET BY GEOGRAPHY (VOLUME)
18.17 CHEMICAL
- 18.17.1 MARKET OVERVIEW
- 18.17.2 KEY HIGHLIGHTS
- 18.17.3 MARKET SIZE & FORECAST (VALUE)
- 18.17.4 MARKET SIZE & FORECAST (VOLUME)
- 18.17.5 MARKET BY GEOGRAPHY (VALUE)
- 18.17.6 MARKET BY GEOGRAPHY (VOLUME)
18.18 OTHERS
- 18.18.1 MARKET OVERVIEW
- 18.18.2 KEY HIGHLIGHTS
- 18.18.3 MARKET SIZE & FORECAST (VALUE)
- 18.18.4 MARKET SIZE & FORECAST (VOLUME)
- 18.18.5 MARKET BY GEOGRAPHY (VALUE)
- 18.18.6 MARKET BY GEOGRAPHY (VOLUME)

19 GEOGRAPHY

19.1 MARKET SNAPSHOT & GROWTH ENGINE (VALUE)
19.2 MARKET SNAPSHOT & GROWTH ENGINE (VOLUME)
19.3 GEOGRAPHIC OVERVIEW

20 APAC

20.1 MARKET OVERVIEW
- 20.1.1 KEY HIGHLIGHTS
20.2 MARKET SIZE & FORECAST
20.3 PRODUCT
- 20.3.1 MARKET SIZE & FORECAST
20.4 POWER OUTPUT
- 20.4.1 MARKET SIZE & FORECAST
20.5 VOLTAGE
- 20.5.1 MARKET SIZE & FORECAST
20.6 LOW VOLTAGE AC MOTOR BY EFFICIENCY
- 20.6.1 MARKET SIZE & FORECAST
20.7 SALES CHANNEL
- 20.7.1 MARKET SIZE & FORECAST (VALUE)
- 20.7.2 MARKET SIZE & FORECAST (VOLUME)
20.8 END-USER
- 20.8.1 MARKET SIZE & FORECAST (VALUE)
- 20.8.2 MARKET SIZE & FORECAST (VOLUME)
20.9 KEY COUNTRIES (VALUE)
20.10 KEY COUNTRIES (VOLUME)
20.11 CHINA: MARKET SIZE & FORECAST
- 20.11.1 KEY INSIGHTS
20.12 JAPAN: MARKET SIZE & FORECAST
- 20.12.1 KEY INSIGHTS
20.13 INDIA: MARKET SIZE & FORECAST
- 20.13.1 KEY INSIGHTS
20.14 SOUTH KOREA: MARKET SIZE & FORECAST
- 20.14.1 KEY INSIGHTS
20.15 AUSTRALIA: MARKET SIZE & FORECAST
- 20.15.1 KEY INSIGHTS
20.16 INDONESIA: MARKET SIZE & FORECAST
- 20.16.1 KEY INSIGHTS
20.17 MALAYSIA: MARKET SIZE & FORECAST
- 20.17.1 KEY INSIGHTS

21 EUROPE

21.1 MARKET OVERVIEW
- 21.1.1 KEY HIGHLIGHTS
21.2 MARKET SIZE & FORECAST
21.3 PRODUCT
- 21.3.1 MARKET SIZE & FORECAST
21.4 POWER OUTPUT
- 21.4.1 MARKET SIZE & FORECAST
21.5 VOLTAGE
- 21.5.1 MARKET SIZE & FORECAST
21.6 LOW VOLTAGE AC MOTOR BY EFFICIENCY
- 21.6.1 MARKET SIZE & FORECAST
21.7 SALES CHANNEL
- 21.7.1 MARKET SIZE & FORECAST (VALUE)
- 21.7.2 MARKET SIZE & FORECAST (VOLUME)
21.8 END-USER
- 21.8.1 MARKET SIZE & FORECAST (VALUE)
- 21.8.2 MARKET SIZE & FORECAST (VOLUME)
21.9 KEY COUNTRIES (VALUE)
21.10 KEY COUNTRIES (VOLUME)
21.11 GERMANY: MARKET SIZE & FORECAST
- 21.11.1 KEY INSIGHTS
21.12 ITALY: MARKET SIZE & FORECAST
- 21.12.1 KEY INSIGHTS
21.13 FRANCE: MARKET SIZE & FORECAST
- 21.13.1 KEY INSIGHTS
21.14 SPAIN: MARKET SIZE & FORECAST
- 21.14.1 KEY INSIGHTS
21.15 UK: MARKET SIZE & FORECAST
- 21.15.1 KEY INSIGHTS
21.16 POLAND: MARKET SIZE & FORECAST
- 21.16.1 KEY INSIGHTS
21.17 NETHERLANDS: MARKET SIZE & FORECAST
- 21.17.1 KEY INSIGHTS

22 NORTH AMERICA

22.1 MARKET OVERVIEW
- 22.1.1 KEY HIGHLIGHTS
22.2 MARKET SIZE & FORECAST
22.3 PRODUCT
- 22.3.1 MARKET SIZE & FORECAST
22.4 POWER OUTPUT
- 22.4.1 MARKET SIZE & FORECAST
22.5 VOLTAGE
- 22.5.1 MARKET SIZE & FORECAST
22.6 LOW VOLTAGE AC MOTOR BY EFFICIENCY
- 22.6.1 MARKET SIZE & FORECAST
22.7 SALES CHANNEL
- 22.7.1 MARKET SIZE & FORECAST (VALUE)
22.8 SALES CHANNEL
- 22.8.1 MARKET SIZE & FORECAST (VOLUME)
22.9 END-USER
- 22.9.1 MARKET SIZE & FORECAST (VALUE)
22.10 END-USER
- 22.10.1 MARKET SIZE & FORECAST (VOLUME)
22.11 KEY COUNTRIES (VALUE)
22.12 KEY COUNTRIES (VOLUME)
22.13 US: MARKET SIZE & FORECAST
- 22.13.1 KEY INSIGHTS
22.14 CANADA: MARKET SIZE & FORECAST
- 22.14.1 KEY INSIGHTS

23 LATIN AMERICA

23.1 MARKET OVERVIEW
- 23.1.1 KEY HIGHLIGHTS
23.2 MARKET SIZE & FORECAST
23.3 PRODUCT
- 23.3.1 MARKET SIZE & FORECAST
23.4 POWER OUTPUT
- 23.4.1 MARKET SIZE & FORECAST
23.5 VOLTAGE
- 23.5.1 MARKET SIZE & FORECAST
23.6 LOW VOLTAGE AC MOTOR BY EFFICIENCY
- 23.6.1 MARKET SIZE & FORECAST
23.7 SALES CHANNEL
- 23.7.1 MARKET SIZE & FORECAST (VALUE)
- 23.7.2 MARKET SIZE & FORECAST (VALUE)
23.8 END-USER
- 23.8.1 MARKET SIZE & FORECAST (VALUE)
- 23.8.2 MARKET SIZE & FORECAST (VOLUME)
23.9 KEY COUNTRIES (VALUE)
23.10 KEY COUNTRIES (VOLUME)
23.11 BRAZIL: MARKET SIZE & FORECAST
- 23.11.1 KEY INSIGHTS
23.12 MEXICO: MARKET SIZE & FORECAST
- 23.12.1 KEY INSIGHTS
23.13 CHILE: MARKET SIZE & FORECAST
- 23.13.1 KEY INSIGHTS
23.14 ARGENTINA: MARKET SIZE & FORECAST
- 23.14.1 KEY INSIGHTS

24 MIDDLE EAST & AFRICA

24.1 MARKET OVERVIEW
- 24.1.1 KEY HIGHLIGHTS
24.2 MARKET SIZE & FORECAST
24.3 PRODUCT
- 24.3.1 MARKET SIZE & FORECAST
24.4 POWER OUTPUT
- 24.4.1 MARKET SIZE & FORECAST
24.5 VOLTAGE
- 24.5.1 MARKET SIZE & FORECAST
24.6 LOW VOLTAGE AC MOTOR BY EFFICIENCY
- 24.6.1 MARKET SIZE & FORECAST
24.7 SALES CHANNEL
- 24.7.1 MARKET SIZE & FORECAST (VALUE)
- 24.7.2 MARKET SIZE & FORECAST (VOLUME)
24.8 END-USER
- 24.8.1 MARKET SIZE & FORECAST (VALUE)
- 24.8.2 MARKET SIZE & FORECAST (VOLUME)
24.9 KEY COUNTRIES (VALUE)
24.10 KEY COUNTRIES (VOLUME)
24.11 SAUDI ARABIA: MARKET SIZE & FORECAST
- 24.11.1 KEY INSIGHTS
24.12 TURKEY: MARKET SIZE & FORECAST
- 24.12.1 KEY INSIGHTS
24.13 UAE: MARKET SIZE & FORECAST
- 24.13.1 KEY INSIGHTS
24.14 SOUTH AFRICA: MARKET SIZE & FORECAST
- 24.14.1 KEY INSIGHTS
24.15 EGYPT: MARKET SIZE & FORECAST
- 24.15.1 KEY INSIGHTS

25 COMPETITIVE LANDSCAPE

25.1 COMPETITION OVERVIEW

26 KEY COMPANY PROFILES

26.1 ABB
- 26.1.1 BUSINESS OVERVIEW
- 26.1.2 FINANCIAL HIGHLIGHTS
- 26.1.3 PRODUCT OFFERINGS
- 26.1.4 KEY STRATEGIES
- 26.1.5 KEY STRENGTHS
- 26.1.6 KEY OPPORTUNITIES
26.2 ALLIED MOTION
- 26.2.1 BUSINESS OVERVIEW
- 26.2.2 FINANCIAL HIGHLIGHTS
- 26.2.3 PRODUCT OFFERINGS
- 26.2.4 KEY STRATEGIES
- 26.2.5 KEY STRENGTHS
- 26.2.6 KEY OPPORTUNITIES
26.3 AMETEK
- 26.3.1 BUSINESS OVERVIEW
- 26.3.2 FINANCIAL HIGHLIGHTS
- 26.3.3 PRODUCT OFFERINGS
- 26.3.4 KEY STRATEGIES
- 26.3.5 KEY STRENGTHS
- 26.3.6 KEY OPPORTUNITIES
26.4 CG POWER & INDUSTRIAL SOLUTIONS
- 26.4.1 BUSINESS OVERVIEW
- 26.4.2 FINANCIAL HIGHLIGHTS
- 26.4.3 PRODUCT OFFERINGS
- 26.4.4 KEY STRATEGIES
- 26.4.5 KEY STRENGTHS
- 26.4.6 KEY OPPORTUNITIES
26.5 DANFOSS
- 26.5.1 BUSINESS OVERVIEW
- 26.5.2 FINANCIAL HIGHLIGHTS
- 26.5.3 PRODUCT OFFERINGS
- 26.5.4 KEY STRATEGIES
- 26.5.5 KEY STRENGTHS
- 26.5.6 KEY OPPORTUNITIES
26.6 JOHNSON ELECTRIC
- 26.6.1 BUSINESS OVERVIEW
- 26.6.2 FINANCIAL HIGHLIGHTS
- 26.6.3 PRODUCT OFFERINGS
- 26.6.4 KEY STRATEGIES
- 26.6.5 KEY STRENGTHS
- 26.6.6 KEY OPPORTUNITIES
26.7 NIDEC
- 26.7.1 BUSINESS OVERVIEW
- 26.7.2 FINANCIAL HIGHLIGHTS
- 26.7.3 PRODUCT OFFERINGS
- 26.7.4 KEY STRATEGIES
- 26.7.5 KEY STRENGTHS
- 26.7.6 KEY OPPORTUNITIES
26.8 REGAL REXNORD
- 26.8.1 BUSINESS OVERVIEW
- 26.8.2 FINANCIAL HIGHLIGHTS
- 26.8.3 PRODUCT OFFERINGS
- 26.8.4 KEY STRATEGIES
- 26.8.5 KEY STRENGTHS
- 26.8.6 KEY OPPORTUNITIES
26.9 SIEMENS
- 26.9.1 BUSINESS OVERVIEW
- 26.9.2 FINANCIAL HIGHLIGHTS
- 26.9.3 PRODUCT OFFERINGS
- 26.9.4 KEY STRATEGIES
- 26.9.5 KEY STRENGTHS
- 26.9.6 KEY OPPORTUNITIES
26.10 WEG
- 26.10.1 BUSINESS OVERVIEW
- 26.10.2 FINANCIAL HIGHLIGHTS
- 26.10.3 PRODUCT OFFERINGS
- 26.10.4 KEY STRATEGIES
- 26.10.5 KEY STRENGTHS
- 26.10.6 KEY OPPORTUNITIES

27 OTHER PROMINENT VENDORS

27.1 ADDISON ELECTRIC
- 27.1.1 BUSINESS OVERVIEW
- 27.1.2 PRODUCT OFFERINGS
27.2 ARC SYSTEMS
- 27.2.1 BUSINESS OVERVIEW
- 27.2.2 PRODUCT OFFERINGS
27.3 BONFIGLIOLI
- 27.3.1 BUSINESS OVERVIEW
- 27.3.2 PRODUCT OFFERINGS
27.4 BROOK CROMPTON
- 27.4.1 BUSINESS OVERVIEW
- 27.4.2 PRODUCT OFFERINGS
27.5 DANA BREVINI POWER TRANSMISSION
- 27.5.1 BUSINESS OVERVIEW
- 27.5.2 PRODUCT OFFERINGS
27.6 EATON
- 27.6.1 BUSINESS OVERVIEW
- 27.6.2 PRODUCT OFFERINGS
27.7 ELECTROCRAFT
- 27.7.1 BUSINESS OVERVIEW
- 27.7.2 PRODUCT OFFERINGS
27.8 FUJI ELECTRIC
- 27.8.1 BUSINESS OVERVIEW
- 27.8.2 PRODUCT OFFERINGS
27.9 GENERAL ELECTRIC
- 27.9.1 BUSINESS OVERVIEW
- 27.9.2 PRODUCT OFFERINGS
27.10 GROSCHOPP
- 27.10.1 BUSINESS OVERVIEW
- 27.10.2 PRODUCT OFFERINGS
27.11 HANKSCRAFT OEM
- 27.11.1 BUSINESS OVERVIEW
- 27.11.2 PRODUCT OFFERINGS
27.12 MAXON
- 27.12.1 BUSINESS OVERVIEW
- 27.12.2 PRODUCT OFFERINGS
27.13 MOOG
- 27.13.1 BUSINESS OVERVIEW
- 27.13.2 PRODUCT OFFERINGS
27.14 MITSUBISHI ELECTRIC
- 27.14.1 BUSINESS OVERVIEW
- 27.14.2 PRODUCT OFFERINGS
27.15 PARKER HANNIFIN
- 27.15.1 BUSINESS OVERVIEW
- 27.15.2 PRODUCT OFFERINGS
27.16 ROCKWELL AUTOMATION
- 27.16.1 BUSINESS OVERVIEW
- 27.16.2 PRODUCT OFFERINGS
27.17 SEW-EURODRIVE
- 27.17.1 BUSINESS OVERVIEW
- 27.17.2 PRODUCT OFFERINGS
27.18 SUMITOMO HEAVY INDUSTRIES
- 27.18.1 BUSINESS OVERVIEW
- 27.18.2 PRODUCT OFFERINGS
27.19 TECO-WESTINGHOUSE
- 27.19.1 BUSINESS OVERVIEW
- 27.19.2 PRODUCT OFFERINGS
27.20 TOSHIBA
- 27.20.1 BUSINESS OVERVIEW
- 27.20.2 PRODUCT OFFERINGS

28 REPORT SUMMARY

28.1 KEY TAKEAWAYS
28.2 STRATEGIC RECOMMENDATIONS

29 QUANTITATIVE SUMMARY

29.1 MARKET BY GEOGRAPHY
- 29.1.1 MARKET SIZE & FORECAST (VALUE)
- 29.1.2 MARKET SIZE & FORECAST (VOLUME)
29.2 MARKET BY PRODUCT
- 29.2.1 MARKET SIZE & FORECAST
29.3 MARKET BY POWER OUTPUT
- 29.3.1 MARKET SIZE & FORECAST
29.4 MARKET BY VOLTAGE
- 29.4.1 MARKET SIZE & FORECAST
29.5 MARKET BY EFFICIENCY
- 29.5.1 MARKET SIZE & FORECAST
29.6 MARKET BY SALES CHANNEL
- 29.6.1 MARKET SIZE & FORECAST (VALUE)
- 29.6.2 MARKET SIZE & FORECAST (VOLUME)
29.7 MARKET BY END-USER
- 29.7.1 MARKET SIZE & FORECAST (VALUE)
- 29.7.2 MARKET SIZE & FORECAST (VOLUME)
29.8 APAC
- 29.8.1 PRODUCT: MARKET SIZE & FORECAST
- 29.8.2 POWER OUTPUT: MARKET SIZE & FORECAST
- 29.8.3 VOLTAGE: MARKET SIZE & FORECAST
- 29.8.4 LOW VOLTAGE AC MOTOR BY EFFICIENCY: MARKET SIZE & FORECAST
- 29.8.5 SALES CHANNEL: MARKET SIZE & FORECAST (VALUE)
- 29.8.6 SALES CHANNEL: MARKET SIZE & FORECAST (VOLUME)
- 29.8.7 END-USER: MARKET SIZE & FORECAST (VALUE)
- 29.8.8 END-USER: MARKET SIZE & FORECAST (VOLUME)
29.9 EUROPE
- 29.9.1 PRODUCT: MARKET SIZE & FORECAST
- 29.9.2 POWER OUTPUT: MARKET SIZE & FORECAST
- 29.9.3 VOLTAGE: MARKET SIZE & FORECAST
- 29.9.4 LOW VOLTAGE AC MOTOR BY EFFICIENCY: MARKET SIZE & FORECAST
- 29.9.5 SALES CHANNEL: MARKET SIZE & FORECAST (VALUE)
- 29.9.6 SALES CHANNEL: MARKET SIZE & FORECAST (VOLUME)
- 29.9.7 END-USER: MARKET SIZE & FORECAST (VALUE)
- 29.9.8 END-USER: MARKET SIZE & FORECAST (VOLUME)
29.10 NORTH AMERICA
- 29.10.1 PRODUCT: MARKET SIZE & FORECAST
- 29.10.2 POWER OUTPUT: MARKET SIZE & FORECAST
- 29.10.3 VOLTAGE: MARKET SIZE & FORECAST
- 29.10.4 LOW VOLTAGE AC MOTOR BY EFFICIENCY: MARKET SIZE & FORECAST
- 29.10.5 SALES CHANNEL: MARKET SIZE & FORECAST (VALUE)
- 29.10.6 SALES CHANNEL: MARKET SIZE & FORECAST (VOLUME)
- 29.10.7 END-USER: MARKET SIZE & FORECAST (VALUE)
- 29.10.8 END-USER: MARKET SIZE & FORECAST (VOLUME)
29.11 LATIN AMERICA
- 29.11.1 PRODUCT: MARKET SIZE & FORECAST
- 29.11.2 POWER OUTPUT: MARKET SIZE & FORECAST
- 29.11.3 VOLTAGE: MARKET SIZE & FORECAST
- 29.11.4 LOW VOLTAGE AC MOTOR BY EFFICIENCY: MARKET SIZE & FORECAST
- 29.11.5 SALES CHANNEL: MARKET SIZE & FORECAST (VALUE)
- 29.11.6 SALES CHANNEL: MARKET SIZE & FORECAST (VALUE)
- 29.11.7 END-USER: MARKET SIZE & FORECAST (VALUE)
- 29.11.8 END-USER: MARKET SIZE & FORECAST (VOLUME)
29.12 MIDDLE EAST & AFRICA
- 29.12.1 PRODUCT: MARKET SIZE & FORECAST
- 29.12.2 POWER OUTPUT: MARKET SIZE & FORECAST
- 29.12.3 VOLTAGE: MARKET SIZE & FORECAST
- 29.12.4 LOW VOLTAGE AC MOTOR BY EFFICIENCY: MARKET SIZE & FORECAST
- 29.12.5 SALES CHANNEL: MARKET SIZE & FORECAST (VALUE)
- 29.12.6 SALES CHANNEL: MARKET SIZE & FORECAST (VOLUME)
- 29.12.7 END-USER: MARKET SIZE & FORECAST (VALUE)
- 29.12.8 END-USER: MARKET SIZE & FORECAST (VOLUME)

30 APPENDIX

30.1 ABBREVIATIONS