Europe Smart Motors Market Size, Share & Trends Analysis Report By End-use (Industrial, Automotive, Consumer Electronics, Aerospace & Defense, and Others), By Product, By Country and Growth Forecast, 2023

List of Tables

The Europe Smart Motors Market would witness market growth of 6.5% CAGR during the forecast period (2023-2030).

The rapid advancement of technology, including sensors, microcontrollers, wireless communication protocols, and data analytics tools, has made smart motor solutions more accessible, affordable, and scalable than ever before. Moreover, continuous tracking, analysis, and optimization of operational processes are made possible by the seamless connection, interoperability, and data exchange made possible by integrating Industry 4.0 principles and IoT (internet of things) technologies into smart motor systems. The increasing demand for automation, digitalization, and process optimization across industries is driving the adoption of smart motors as integral components of smart factories, automated production lines, and interconnected supply chains.

Furthermore, it offers superior performance, reliability, and durability compared to traditional motor systems due to advanced features such as fault detection, condition monitoring, and self-diagnostic capabilities. By continuously monitoring operational parameters and detecting anomalies in real-time, it enables early detection of potential issues, preventing equipment failures and minimizing costly downtime associated with unplanned maintenance and repairs. In an increasingly competitive marketplace, organizations that embrace smart motor technologies gain a competitive edge by offering innovative solutions that deliver superior performance, efficiency, and reliability. It enables organizations to differentiate their products and services, meet evolving customer demands, and capitalize on emerging market opportunities driven by trends such as electric vehicles, renewable energy, and smart infrastructure.

The expansion of the electric vehicle industry in Belgium increases the demand for smart motors used in propulsion systems and creates opportunities for diversifying smart motor applications. As per the same source, in 2022, passenger EV sales in Belgium increased by 39.7 percent year-over-year to 98,356 units, representing an EV penetration rate of 26.9 percent of total new passenger vehicle sales. Battery EV (BEV) sales increased by 72.1 percent year-over-year to 37,815 units. Plug-in hybrid EV (PHEV) sales grew 25 percent to 60,541 units. Therefore, the expansion of the EV industry and growing government funding for smart manufacturing are driving the market's growth.

The Germany market dominated the Europe Smart Motors Market, by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $208 Million by 2030. The UK market is registering a CAGR of 5.6% during (2023 - 2030). Additionally, The France market would showcase a CAGR of 7.3% during (2023 - 2030).

Based on End-use, the market is segmented into Industrial, Automotive, Consumer Electronics, Aerospace & Defense, and Others. Based on Product, the market is segmented into 24V, 48V & above, 18V, and 36V. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.

List of Key Companies Profiled

Rockwell Automation, Inc.
Moog, Inc.
Fuji Electric Co. Ltd.
ABB Ltd.
Siemens AG
Schneider Electric SE
General Electric Company
Dunkermotoren GmbH (Ametek, Inc.)
RobotShop Inc.
Roboteq, Inc. (Nidec Motor Corporation)

Europe Smart Motors Market Report Segmentation

By End-use

Industrial
Automotive
Consumer Electronics
Aerospace & Defense
Others

By Product

24V
48V & above
18V
36V

By Country

Germany
UK
France
Russia
Spain
Italy
Rest of Europe

Chapter 1.Market Scope & Methodology

1.1Market Definition
1.2Objectives
1.3Market Scope
1.4Segmentation
- 1.4.1Europe Smart Motors Market, by End-use
- 1.4.2Europe Smart Motors Market, by Product
- 1.4.3Europe Smart Motors Market, by Country
1.5Methodology for the research

Chapter 2.Market at a Glance

2.1Key Highlights

Chapter 3.Market Overview

3.1Introduction
- 3.1.1Overview
  - 3.1.1.1Market Composition and Scenario
3.2Key Factors Impacting the Market
- 3.2.1Market Drivers
- 3.2.2Market Restraints
- 3.2.3Market Opportunities
- 3.2.4Market Challenges
3.3Porter Five Forces Analysis

Chapter 4.Europe Smart Motors Market, by End-use

4.1Europe Industrial Market, by Country
4.2Europe Automotive Market, by Country
4.3Europe Consumer Electronics Market, by Country
4.4Europe Aerospace & Defense Market, by Country
4.5Europe Others Market, by Country

Chapter 5.Europe Smart Motors Market, by Product

5.1Europe 24V Market, by Country
5.2Europe 48V & above Market, by Country
5.3Europe 18V Market, by Country
5.4Europe 36V Market, by Country

Chapter 6.Europe Smart Motors Market, by Country

6.1Germany Smart Motors Market
- 6.1.1Germany Smart Motors Market, by End-use
- 6.1.2Germany Smart Motors Market, by Product
6.2UK Smart Motors Market
- 6.2.1UK Smart Motors Market, by End-use
- 6.2.2UK Smart Motors Market, by Product
6.3France Smart Motors Market
- 6.3.1France Smart Motors Market, by End-use
- 6.3.2France Smart Motors Market, by Product
6.4Russia Smart Motors Market
- 6.4.1Russia Smart Motors Market, by End-use
- 6.4.2Russia Smart Motors Market, by Product
6.5Spain Smart Motors Market
- 6.5.1Spain Smart Motors Market, by End-use
- 6.5.2Spain Smart Motors Market, by Product
6.6Italy Smart Motors Market
- 6.6.1Italy Smart Motors Market, by End-use
- 6.6.2Italy Smart Motors Market, by Product
6.7Rest of Europe Smart Motors Market
- 6.7.1Rest of Europe Smart Motors Market, by End-use
- 6.7.2Rest of Europe Smart Motors Market, by Product

Chapter 7.Company Profiles

7.1Rockwell Automation, Inc.
- 7.1.1Company Overview
- 7.1.2Financial Analysis
- 7.1.3Segmental and Regional Analysis
- 7.1.4Research & Development Expenses
- 7.1.5Recent strategies and developments:
  - 7.1.5.1Acquisition and Mergers:
- 7.1.6SWOT Analysis
7.2Moog, Inc.
- 7.2.1Company Overview
- 7.2.2Financial Analysis
- 7.2.3Segmental and Regional Analysis
- 7.2.4Research & Development Expense
- 7.2.5SWOT Analysis
7.3Fuji Electric Co. Ltd.
- 7.3.1Company Overview
- 7.3.2Financial Analysis
- 7.3.3Segmental and Regional Analysis
- 7.3.4Research & Development Expense
- 7.3.5SWOT Analysis
7.4ABB Ltd.
- 7.4.1Company Overview
- 7.4.2Financial Analysis
- 7.4.3Segmental and Regional Analysis
- 7.4.4Research & Development Expense
- 7.4.5SWOT Analysis
7.5Siemens AG
- 7.5.1Company Overview
- 7.5.2Financial Analysis
- 7.5.3Segmental and Regional Analysis
- 7.5.4Research & Development Expense
- 7.5.5SWOT Analysis
7.6Schneider Electric SE
- 7.6.1Company Overview
- 7.6.2Financial Analysis
- 7.6.3Segmental and Regional Analysis
- 7.6.4Research & Development Expense
- 7.6.5SWOT Analysis
7.7General Electric Company
- 7.7.1Company Overview
- 7.7.2Financial Analysis
- 7.7.3Segmental and Regional Analysis
- 7.7.4Research & Development Expense
- 7.7.5SWOT Analysis
7.8Dunkermotoren GmbH (Ametek, Inc.)
- 7.8.1Company Overview
- 7.8.2Financial Analysis
- 7.8.3Segmental and Regional Analysis
- 7.8.4Research & Development Expenses
- 7.8.5SWOT Analysis
7.9RobotShop Inc.
- 7.9.1Company Overview
- 7.9.2SWOT Analysis
7.10.Roboteq, Inc. (Nidec Motor Corporation)
- 7.10.1Company Overview
- 7.10.2SWOT Analysis

LIST OF TABLES

TABLE 1Europe Smart Motors Market, 2019 - 2022, USD Million
TABLE 2Europe Smart Motors Market, 2023 - 2030, USD Million
TABLE 3Europe Smart Motors Market, by End-use, 2019 - 2022, USD Million
TABLE 4Europe Smart Motors Market, by End-use, 2023 - 2030, USD Million
TABLE 5Europe Industrial Market, by Country, 2019 - 2022, USD Million
TABLE 6Europe Industrial Market, by Country, 2023 - 2030, USD Million
TABLE 7Europe Automotive Market, by Country, 2019 - 2022, USD Million
TABLE 8Europe Automotive Market, by Country, 2023 - 2030, USD Million
TABLE 9Europe Consumer Electronics Market, by Country, 2019 - 2022, USD Million
TABLE 10Europe Consumer Electronics Market, by Country, 2023 - 2030, USD Million
TABLE 11Europe Aerospace & Defense Market, by Country, 2019 - 2022, USD Million
TABLE 12Europe Aerospace & Defense Market, by Country, 2023 - 2030, USD Million
TABLE 13Europe Others Market, by Country, 2019 - 2022, USD Million
TABLE 14Europe Others Market, by Country, 2023 - 2030, USD Million
TABLE 15Europe Smart Motors Market, by Product, 2019 - 2022, USD Million
TABLE 16Europe Smart Motors Market, by Product, 2023 - 2030, USD Million
TABLE 17Europe 24V Market, by Country, 2019 - 2022, USD Million
TABLE 18Europe 24V Market, by Country, 2023 - 2030, USD Million
TABLE 19Europe 48V & above Market, by Country, 2019 - 2022, USD Million
TABLE 20Europe 48V & above Market, by Country, 2023 - 2030, USD Million
TABLE 21Europe 18V Market, by Country, 2019 - 2022, USD Million
TABLE 22Europe 18V Market, by Country, 2023 - 2030, USD Million
TABLE 23Europe 36V Market, by Country, 2019 - 2022, USD Million
TABLE 24Europe 36V Market, by Country, 2023 - 2030, USD Million
TABLE 25Europe Smart Motors Market, by Country, 2019 - 2022, USD Million
TABLE 26Europe Smart Motors Market, by Country, 2023 - 2030, USD Million
TABLE 27Germany Smart Motors Market, 2019 - 2022, USD Million
TABLE 28Germany Smart Motors Market, 2023 - 2030, USD Million
TABLE 29Germany Smart Motors Market, by End-use, 2019 - 2022, USD Million
TABLE 30Germany Smart Motors Market, by End-use, 2023 - 2030, USD Million
TABLE 31Germany Smart Motors Market, by Product, 2019 - 2022, USD Million
TABLE 32Germany Smart Motors Market, by Product, 2023 - 2030, USD Million
TABLE 33UK Smart Motors Market, 2019 - 2022, USD Million
TABLE 34UK Smart Motors Market, 2023 - 2030, USD Million
TABLE 35UK Smart Motors Market, by End-use, 2019 - 2022, USD Million
TABLE 36UK Smart Motors Market, by End-use, 2023 - 2030, USD Million
TABLE 37UK Smart Motors Market, by Product, 2019 - 2022, USD Million
TABLE 38UK Smart Motors Market, by Product, 2023 - 2030, USD Million
TABLE 39France Smart Motors Market, 2019 - 2022, USD Million
TABLE 40France Smart Motors Market, 2023 - 2030, USD Million
TABLE 41France Smart Motors Market, by End-use, 2019 - 2022, USD Million
TABLE 42France Smart Motors Market, by End-use, 2023 - 2030, USD Million
TABLE 43France Smart Motors Market, by Product, 2019 - 2022, USD Million
TABLE 44France Smart Motors Market, by Product, 2023 - 2030, USD Million
TABLE 45Russia Smart Motors Market, 2019 - 2022, USD Million
TABLE 46Russia Smart Motors Market, 2023 - 2030, USD Million
TABLE 47Russia Smart Motors Market, by End-use, 2019 - 2022, USD Million
TABLE 48Russia Smart Motors Market, by End-use, 2023 - 2030, USD Million
TABLE 49Russia Smart Motors Market, by Product, 2019 - 2022, USD Million
TABLE 50Russia Smart Motors Market, by Product, 2023 - 2030, USD Million
TABLE 51Spain Smart Motors Market, 2019 - 2022, USD Million
TABLE 52Spain Smart Motors Market, 2023 - 2030, USD Million
TABLE 53Spain Smart Motors Market, by End-use, 2019 - 2022, USD Million
TABLE 54Spain Smart Motors Market, by End-use, 2023 - 2030, USD Million
TABLE 55Spain Smart Motors Market, by Product, 2019 - 2022, USD Million
TABLE 56Spain Smart Motors Market, by Product, 2023 - 2030, USD Million
TABLE 57Italy Smart Motors Market, 2019 - 2022, USD Million
TABLE 58Italy Smart Motors Market, 2023 - 2030, USD Million
TABLE 59Italy Smart Motors Market, by End-use, 2019 - 2022, USD Million
TABLE 60Italy Smart Motors Market, by End-use, 2023 - 2030, USD Million
TABLE 61Italy Smart Motors Market, by Product, 2019 - 2022, USD Million
TABLE 62Italy Smart Motors Market, by Product, 2023 - 2030, USD Million
TABLE 63Rest of Europe Smart Motors Market, 2019 - 2022, USD Million
TABLE 64Rest of Europe Smart Motors Market, 2023 - 2030, USD Million
TABLE 65Rest of Europe Smart Motors Market, by End-use, 2019 - 2022, USD Million
TABLE 66Rest of Europe Smart Motors Market, by End-use, 2023 - 2030, USD Million
TABLE 67Rest of Europe Smart Motors Market, by Product, 2019 - 2022, USD Million
TABLE 68Rest of Europe Smart Motors Market, by Product, 2023 - 2030, USD Million
TABLE 69Key Information - Rockwell Automation, Inc.
TABLE 70key information - Moog, Inc.
TABLE 71Key Information - Fuji Electric Co., Ltd.
TABLE 72Key Information - ABB Ltd.
TABLE 73Key Information - Siemens AG
TABLE 74Key Information - Schneider Electric SE
TABLE 75Key Information - General Electric Company
TABLE 76Key Information - Dunkermotoren GmbH
TABLE 77Key Information - RobotShop Inc.
TABLE 78Key Information - Roboteq, Inc.

Europe Smart Motors Market Size, Share & Trends Analysis Report By End-use (Industrial, Automotive, Consumer Electronics, Aerospace & Defense, and Others), By Product, By Country and Growth Forecast, 2023 - 2030

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