Consumer Electronics Electric Motor Market, By Type of Motor; By Voltage; By Technology; By Application; By Region, Global Trend Analysis, Competitive Landscape & Forecast, 2019-2030

Description

Global Consumer Electronics Electric Motor Market Size Booming to Touch USD 20.2 Billion by 2030

Global Consumer Electronics Electric Motor Market is thriving due to rising demand for energy-efficient appliances, advancements in electric motor technology, integration of IoT, and emphasis on sustainable manufacturing and carbon emissions reduction.

BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated Global Consumer Electronics Electric Motor Market size by value at USD 13,110.88 million in 2023. During the forecast period between 2024 and 2030, BlueWeave expects Global Consumer Electronics Electric Motor Market size to expand at a CAGR of 6.52% reaching a value of USD 20,225.46 million by 2030. The growth of Global Consumer Electronics Electric Motor Market is driven by several factors, including an increasing demand for energy-efficient appliances, advancements in electric motor technology, such as brushless DC motors and the integration of IoT capabilities in consumer electronics. Additionally, there is a strong emphasis on sustainable manufacturing practices and reducing carbon emissions. The rising popularity of smart home devices and the need for quieter, more efficient motors in HVAC systems also contribute to the expansion of Global Consumer Electronics Electric Motor Market.

Opportunity - Integration with Renewable Energy

Global Consumer Electronics Electric Motor Market is witnessing growth at a significant CAGR driven by the increasing integration of renewable energy sources, such as solar and wind power, into consumer electronics. As the demand for eco-friendly and energy-efficient devices rises, manufacturers are developing electric motors that can seamlessly operate with renewable energy systems. This integration reduces carbon footprints and aligns with global sustainability goals, attracting environmentally conscious consumers and bolstering the growth of Global Consumer Electronics Electric Motor Market.

Impact of Escalating Geopolitical Tensions on Global Consumer Electronics Electric Motor Market

Escalating geopolitical tensions, particularly between major economies like the United States and China, could significantly impact Global Consumer Electronics Electric Motor Market. These tensions disrupt supply chains, leading to shortages of critical components such as semiconductors. Increased tariffs and trade restrictions raise production costs, affecting the pricing and availability of consumer electronics. Additionally, companies may need to diversify their supply sources, which can lead to increased operational complexities and delays. This environment fosters uncertainty and volatility in the market.

Home Appliances Segment Holds Largest Share of Market by Application

The home appliances segment accounts for the largest share of Global Consumer Electronics Electric Motor Market by application. The segment's dominance is driven by the widespread use of electric motors in various household appliances such as refrigerators, washing machines, air conditioners, and vacuum cleaners. The increasing demand for energy-efficient appliances and the ongoing trend of smart home integration further boost the segment's growth, making it the largest contributor to the market compared to personal electronics, automotive, healthcare devices, and other segments.

Competitive Landscape

Global Consumer Electronics Electric Motor Market is fiercely competitive, with numerous companies vying for a larger market share. Major companies in the market include Nidec Corporation, Johnson Electric Holdings Ltd., Mabuchi Motor Co. Ltd., Siemens AG, Maxon Motor AG, Ametek, Inc., Allied Motion Technologies Inc., Toshiba, Emerson Electric Co., Elin India, ECM PCB Stator, and General Electric. These companies use various strategies, including increasing investments in their R&D activities, mergers and acquisitions, joint ventures, collaborations, licensing agreements, and new product and service releases to further strengthen their position in Global Consumer Electronics Electric Motor Market.

The in-depth analysis of the report provides information about growth potential, upcoming trends, and statistics of Global Consumer Electronics Electric Motor Market. It also highlights the factors driving forecasts of total Market size. The report promises to provide recent technology trends in Global Consumer Electronics Electric Motor Market and industry insights to help decision-makers make sound strategic decisions. Further, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.

Product Code: BWC24723

1. Research Framework

1.1. Research Objective
1.2. Product Overview
1.3. Market Segmentation

2. Executive Summary

3. Global Consumer Electronics Electric Motor Market Insights

3.1. Industry Value Chain Analysis
3.2. DROC Analysis
- 3.2.1. Growth Drivers
  - 3.2.1.1. Rising demand for energy-efficient appliances
  - 3.2.1.2. Growth of smart home devices
  - 3.2.1.3. Continuous advancements in motor technology
- 3.2.2. Restraints
  - 3.2.2.1. High initial costs
  - 3.2.2.2. Complex manufacturing processes
- 3.2.3. Opportunities
  - 3.2.3.1. Integration with renewable energy
  - 3.2.3.2. Development of advanced motor technologies
  - 3.2.3.3. Focus on miniaturization
- 3.2.4. Challenges
  - 3.2.4.1. Stricter environmental regulations
  - 3.2.4.2. Lack of skilled engineers and technicians
3.3. Technological Advancements/Recent Developments
3.4. Regulatory Framework
3.5. Porter's Five Forces Analysis
- 3.5.1. Bargaining Power of Suppliers
- 3.5.2. Bargaining Power of Buyers
- 3.5.3. Threat of New Entrants
- 3.5.4. Threat of Substitutes
- 3.5.5. Intensity of Rivalry

4. Global Consumer Electronics Electric Motor Market: Marketing Strategies

5. Global Consumer Electronics Electric Motor Market: Pricing Analysis

6. Global Consumer Electronics Electric Motor Market: Geography Analysis

6.1. Global Consumer Electronics Electric Motor Market, Geographical Analysis, 2023
6.2. Global Consumer Electronics Electric Motor, Market Attractiveness Analysis, 2024-2030

7. Global Consumer Electronics Electric Motor Market Overview

7.1. Market Size & Forecast, 2019-2030
- 7.1.1. By Value (USD Billion)
7.2. Market Share & Forecast
- 7.2.1. By Type of Motor
  - 7.2.1.1. DC Motors
  - 7.2.1.2. AC Motors
  - 7.2.1.3. Stepper Motors
  - 7.2.1.4. Servo Motors
- 7.2.2. By Voltage
  - 7.2.2.1. Up to 50V
  - 7.2.2.2. 50-120V
  - 7.2.2.3. Above 120V
- 7.2.3. By Technology
  - 7.2.3.1. Brushed Motors
  - 7.2.3.2. Brushless Motors
- 7.2.4. By Application
  - 7.2.4.1. Home Appliances
  - 7.2.4.2. Personal Electronics
  - 7.2.4.3. Automotive
  - 7.2.4.4. Healthcare Devices
  - 7.2.4.5. Others (including Drones, Robotics, other Smart Devices)
- 7.2.5. By Region
  - 7.2.5.1. North America
  - 7.2.5.2. Europe
  - 7.2.5.3. Asia Pacific (APAC)
  - 7.2.5.4. Latin America (LATAM)
  - 7.2.5.5. Middle East and Africa (MEA)

8. North America Consumer Electronics Electric Motor Market

8.1. Market Size & Forecast, 2019-2030
- 8.1.1. By Value (USD Billion)
8.2. Market Share & Forecast
- 8.2.1. By Type of Motor
- 8.2.2. By Voltage
- 8.2.3. By Technology
- 8.2.4. By Application
- 8.2.5. By Country
  - 8.2.5.1. United States
  - 8.2.5.1.1. By Type of Motor
  - 8.2.5.1.2. By Voltage
  - 8.2.5.1.3. By Technology
  - 8.2.5.1.4. By Application
  - 8.2.5.2. Canada
  - 8.2.5.2.1. By Type of Motor
  - 8.2.5.2.2. By Voltage
  - 8.2.5.2.3. By Technology
  - 8.2.5.2.4. By Application

9. Europe Consumer Electronics Electric Motor Market

9.1. Market Size & Forecast, 2019-2030
- 9.1.1. By Value (USD Billion)
9.2. Market Share & Forecast
- 9.2.1. By Type of Motor
- 9.2.2. By Voltage
- 9.2.3. By Technology
- 9.2.4. By Application
- 9.2.5. By Country
  - 9.2.5.1. Germany
  - 9.2.5.1.1. By Type of Motor
  - 9.2.5.1.2. By Voltage
  - 9.2.5.1.3. By Technology
  - 9.2.5.1.4. By Application
  - 9.2.5.2. United Kingdom
  - 9.2.5.2.1. By Type of Motor
  - 9.2.5.2.2. By Voltage
  - 9.2.5.2.3. By Technology
  - 9.2.5.2.4. By Application
  - 9.2.5.3. Italy
  - 9.2.5.3.1. By Type of Motor
  - 9.2.5.3.2. By Voltage
  - 9.2.5.3.3. By Technology
  - 9.2.5.3.4. By Application
  - 9.2.5.4. France
  - 9.2.5.4.1. By Type of Motor
  - 9.2.5.4.2. By Voltage
  - 9.2.5.4.3. By Technology
  - 9.2.5.4.4. By Application
  - 9.2.5.5. Spain
  - 9.2.5.5.1. By Type of Motor
  - 9.2.5.5.2. By Voltage
  - 9.2.5.5.3. By Technology
  - 9.2.5.5.4. By Application
  - 9.2.5.6. Belgium
  - 9.2.5.6.1. By Type of Motor
  - 9.2.5.6.2. By Voltage
  - 9.2.5.6.3. By Technology
  - 9.2.5.6.4. By Application
  - 9.2.5.7. Russia
  - 9.2.5.7.1. By Type of Motor
  - 9.2.5.7.2. By Voltage
  - 9.2.5.7.3. By Technology
  - 9.2.5.7.4. By Application
  - 9.2.5.8. Netherlands
  - 9.2.5.8.1. By Type of Motor
  - 9.2.5.8.2. By Voltage
  - 9.2.5.8.3. By Technology
  - 9.2.5.8.4. By Application
  - 9.2.5.9. Rest of Europe
  - 9.2.5.9.1. By Type of Motor
  - 9.2.5.9.2. By Voltage
  - 9.2.5.9.3. By Technology
  - 9.2.5.9.4. By Application

10. Asia Pacific Consumer Electronics Electric Motor Market

10.1. Market Size & Forecast, 2019-2030
- 10.1.1. By Value (USD Billion)
10.2. Market Share & Forecast
- 10.2.1. By Type of Motor
- 10.2.2. By Voltage
- 10.2.3. By Technology
- 10.2.4. By Application
- 10.2.5. By Country
  - 10.2.5.1. China
  - 10.2.5.1.1. By Type of Motor
  - 10.2.5.1.2. By Voltage
  - 10.2.5.1.3. By Technology
  - 10.2.5.1.4. By Application
  - 10.2.5.2. India
  - 10.2.5.2.1. By Type of Motor
  - 10.2.5.2.2. By Voltage
  - 10.2.5.2.3. By Technology
  - 10.2.5.2.4. By Application
  - 10.2.5.3. Japan
  - 10.2.5.3.1. By Type of Motor
  - 10.2.5.3.2. By Voltage
  - 10.2.5.3.3. By Technology
  - 10.2.5.3.4. By Application
  - 10.2.5.4. South Korea
  - 10.2.5.4.1. By Type of Motor
  - 10.2.5.4.2. By Voltage
  - 10.2.5.4.3. By Technology
  - 10.2.5.4.4. By Application
  - 10.2.5.5. Australia & New Zealand
  - 10.2.5.5.1. By Type of Motor
  - 10.2.5.5.2. By Voltage
  - 10.2.5.5.3. By Technology
  - 10.2.5.5.4. By Application
  - 10.2.5.6. Indonesia
  - 10.2.5.6.1. By Type of Motor
  - 10.2.5.6.2. By Voltage
  - 10.2.5.6.3. By Technology
  - 10.2.5.6.4. By Application
  - 10.2.5.7. Malaysia
  - 10.2.5.7.1. By Type of Motor
  - 10.2.5.7.2. By Voltage
  - 10.2.5.7.3. By Technology
  - 10.2.5.7.4. By Application
  - 10.2.5.8. Singapore
  - 10.2.5.8.1. By Type of Motor
  - 10.2.5.8.2. By Voltage
  - 10.2.5.8.3. By Technology
  - 10.2.5.8.4. By Application
  - 10.2.5.9. Vietnam
  - 10.2.5.9.1. By Type of Motor
  - 10.2.5.9.2. By Voltage
  - 10.2.5.9.3. By Technology
  - 10.2.5.9.4. By Application
  - 10.2.5.10. Rest of APAC
  - 10.2.5.10.1. By Type of Motor
  - 10.2.5.10.2. By Voltage
  - 10.2.5.10.3. By Technology
  - 10.2.5.10.4. By Application

11. Latin America Consumer Electronics Electric Motor Market

11.1. Market Size & Forecast, 2019-2030
- 11.1.1. By Value (USD Billion)
11.2. Market Share & Forecast
- 11.2.1. By Type of Motor
- 11.2.2. By Voltage
- 11.2.3. By Technology
- 11.2.4. By Application
- 11.2.5. By Country
  - 11.2.5.1. Brazil
  - 11.2.5.1.1. By Type of Motor
  - 11.2.5.1.2. By Voltage
  - 11.2.5.1.3. By Technology
  - 11.2.5.1.4. By Application
  - 11.2.5.2. Mexico
  - 11.2.5.2.1. By Type of Motor
  - 11.2.5.2.2. By Voltage
  - 11.2.5.2.3. By Technology
  - 11.2.5.2.4. By Application
  - 11.2.5.3. Argentina
  - 11.2.5.3.1. By Type of Motor
  - 11.2.5.3.2. By Voltage
  - 11.2.5.3.3. By Technology
  - 11.2.5.3.4. By Application
  - 11.2.5.4. Peru
  - 11.2.5.4.1. By Type of Motor
  - 11.2.5.4.2. By Voltage
  - 11.2.5.4.3. By Technology
  - 11.2.5.4.4. By Application
  - 11.2.5.5. Rest of LATAM
  - 11.2.5.5.1. By Type of Motor
  - 11.2.5.5.2. By Voltage
  - 11.2.5.5.3. By Technology
  - 11.2.5.5.4. By Application

12. Middle East & Africa Consumer Electronics Electric Motor Market

12.1. Market Size & Forecast, 2019-2030
- 12.1.1. By Value (USD Billion)
12.2. Market Share & Forecast
- 12.2.1. By Type of Motor
- 12.2.2. By Voltage
- 12.2.3. By Technology
- 12.2.4. By Application
- 12.2.5. By Country
  - 12.2.5.1. Saudi Arabia
  - 12.2.5.1.1. By Type of Motor
  - 12.2.5.1.2. By Voltage
  - 12.2.5.1.3. By Technology
  - 12.2.5.1.4. By Application
  - 12.2.5.2. UAE
  - 12.2.5.2.1. By Type of Motor
  - 12.2.5.2.2. By Voltage
  - 12.2.5.2.3. By Technology
  - 12.2.5.2.4. By Application
  - 12.2.5.3. Qatar
  - 12.2.5.3.1. By Type of Motor
  - 12.2.5.3.2. By Voltage
  - 12.2.5.3.3. By Technology
  - 12.2.5.3.4. By Application
  - 12.2.5.4. Kuwait
  - 12.2.5.4.1. By Type of Motor
  - 12.2.5.4.2. By Voltage
  - 12.2.5.4.3. By Technology
  - 12.2.5.4.4. By Application
  - 12.2.5.5. South Africa
  - 12.2.5.5.1. By Type of Motor
  - 12.2.5.5.2. By Voltage
  - 12.2.5.5.3. By Technology
  - 12.2.5.5.4. By Application
  - 12.2.5.6. Nigeria
  - 12.2.5.6.1. By Type of Motor
  - 12.2.5.6.2. By Voltage
  - 12.2.5.6.3. By Technology
  - 12.2.5.6.4. By Application
  - 12.2.5.7. Algeria
  - 12.2.5.7.1. By Type of Motor
  - 12.2.5.7.2. By Voltage
  - 12.2.5.7.3. By Technology
  - 12.2.5.7.4. By Application
  - 12.2.5.8. Rest of MEA
  - 12.2.5.8.1. By Type of Motor
  - 12.2.5.8.2. By Voltage
  - 12.2.5.8.3. By Technology
  - 12.2.5.8.4. By Application

13. Competitive Landscape

13.1. List of Key Players and Their Type of Motors
13.2. Global Consumer Electronics Electric Motor Company Market Share Analysis, 2023
13.3. Competitive Benchmarking, By Operating Parameters
13.4. Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)

14. Impact of Escalating Geopolitical Tensions on Global Consumer Electronics Electric Motor Market

15. Company Profiles (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, and SWOT Analysis)

15.1. Nidec Corporation
15.2. Johnson Electric Holdings Ltd
15.3. Mabuchi Motor Co. Ltd
15.4. Siemens AG
15.5. Maxon Motor AG
15.6. Ametek, Inc.
15.7. Allied Motion Technologies Inc.
15.8. Toshiba
15.9. Emerson Electric Co.
15.10. Elin India.
15.11. ECM PCB Stator
15.12. General Electric
15.13. Other Prominent Players

16. Key Strategic Recommendations

17. Research Methodology

17.1. Qualitative Research
- 17.1.1. Primary & Secondary Research
17.2. Quantitative Research
17.3. Market Breakdown & Data Triangulation
- 17.3.1. Secondary Research
- 17.3.2. Primary Research
17.4. Breakdown of Primary Research Respondents, By Region
17.5. Assumptions & Limitations

*Financial information of non-listed companies can be provided as per availability.

**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable