Global Energy Efficient Motor Market, By Installation Type (Open Drip Proof Motor and Totally Enclosed Fan Cooled Motor), Efficiency Level (IE4, IE3, IE2 and IE1), Motor Type (AC Motors and DC Motors), Application (Heating, Ventilation and Air Conditioning, Pumps, Fans, Compressors, Refrigeration, Material Handling and Material Processing), End-User (Residential, Transportation, Agriculture, Aerospace and Defense, Commercial Buildings and Industrial), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2027
Energy efficient motor market is expected to grow at a CAGR of 6.06% in the forecast period of 2020 to 2027. Data Bridge Market Research report on energy efficient motor market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period while providing their impacts on the market’s growth.
Energy-efficient motors are based on less energy, power coolers and are more reliable than traditional motors. This engine features more copper windings. The motor produces less noise and vibration and has low operating temperature.
Increased robotics and automation in the manufacturing sector, costs of energy consumed is reducing and rise in the sale of vehicles are the factors driving the growth of the energy efficient motor market. High investment costs at an initial stage and intense competitions are restraining the energy efficient motor market. Government’s support for adopting energy efficient motors acts as an opportunity.
This energy efficient motor market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on Data Bridge Market Research energy efficient motor market contact us for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Energy Efficient Motor Market Scope and Market Size
Energy efficient motor market is segmented on the basis of installation type, efficiency level, motor type, application and end-use vertical. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- Based on installation type, energy efficient motor market is segmented into open drip proof motor and totally enclosed fan cooled motor.
- Based on efficiency level, energy efficient motor market is segmented into IE4, IE3, IE2 and IE1.
- Based on motor type, energy efficient motor market is segmented into AC motors and DC motors. AC motors are sub-segmented into induction motors and synchronous motors. DC motors are sub-segmented into brushed DC motors and brushless DC motors.
- Based on application, energy efficient motor market is segmented into heating, ventilation and air conditioning, pumps, fans, compressors, refrigeration, material handling and material processing.
- Based on end-use vertical, energy efficient motor market is segmented into residential, transportation, agriculture, aerospace and defense, commercial buildings and industrial. Transportation is sub-segmented into automotive, railways and marine. Commercial buildings are sub-segmented into retail, cold storage and warehouse, information technology park, banking and financial institutions, hospitals and others.
Energy Efficient Motor Market Country Level Analysis
Energy efficient motor market is analysed and market size, volume information is provided by country, installation type, efficiency level, motor type, application and end-use vertical as referenced above.
The countries covered in the market report are the U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
Asia-Pacific will dominate the energy-efficient motor market due to the availability of raw materials and professional workforce present in this area at low salaries. North America is projected to rise moderately owing to maturations in the 2020-2027 forecast period.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Energy Efficient Motor Market Share Analysis
Energy efficient motor market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to energy efficient motor market.
The major players covered in the energy efficient motor market report are Bosch Rexroth, AG Regal, Beloit Corporation, General Electric Microchip Technology, Inc., Johnson Controls Inc., ABB Ltd., Crompton Greaves, Marathon Electric, Schneider Electric SE, Honeywell International, Inc., Baldor Electric Company, Siemens AG, Emerson Electric Company, Kirloskar Electric Company Ltd., Magneteck, Inc. among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available : Global Energy Efficient Motor Market
Data Bridge Market Research is a leader in consulting and advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customised to include production cost analysis, trade route analysis, price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), import export and grey area results data, literature review, consumer analysis and product base analysis. Market analysis of target competitors can be analysed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Factbook) or can assist you in creating presentations from the data sets available in the report.