Electric Motors Market Research Report - Forecast to 2027

Electric Motors Market Report: By Motor Type (AC, DC, Hermetic), Voltage (Up to 1 kV, 1 kV–6.6 kV, Above 6.6 kV), By Output Power (Upto 1 hp, Above 1 hp), By End-Use (Industrial, Commercial, Residential, Agriculture, Transportation) - Forecast till 2027

ID: MRFR/E&P/1753-HCR | February, 2021 | Region : Global

Electric Motors Market Overview


Electric Motors Market is projected to be worth USD 176.35 billion by 2027, registering a CAGR of 6.2% during the forecast period (2021 - 2027), The market was valued at USD 115.9 billion in 2020.


COVID-19 Analysis:


Supply chain disturbances across the world due to the COVID-19 pandemic will be the chief cause of any recent impacts on the global electric motors market and its value. Widespread construction slowdown, delivery halts and labour shortages created due to worldwide shutdowns in 2020 will affect the global electric motors industry in the near-term. China-US trade wars, manufacturing and supply chain disruptions in Europe and China – major sources for components and spare parts of electric motors – has adversely affected the global market share and this impact will continue to be seen for at least another year before the market booms back completely.


The pandemic situation also affected currencies all over the world and many have undergone a swift depreciation. This has created an imbalance in the value of exports and imports globally which are paid for in US dollars. Currency depreciation will therefore lead to financial losses to components manufacturers and is expected to dampen the global electric motors market further.


Competitive Landscape


Quite a few major companies operate in the lectric market domain. The chief among them are ABB (Switzerland), Siemens (Germany), Nidec Corporation (Japan), Wolong (China), and WEG (Brazil). The companies in this domain, as with other technology based domains, survive and thrive by means of knowledge-sharing partnerships, and other expansion strategies such a mergers & acquisition.


The key players detailed at length in this report are:



  • ABB Ltd. (Switzerland)

  • Siemens AG (Germany)

  • General Electric Company (U.S.)

  • Nidec Corporation (Japan)

  • Denso Corporation (Japan)

  • Allied Motion Technologies, Inc. (U.S.)

  • Ametek, Inc. (U.S.)

  • Robert Bosch GmbH (Germany)

  • Emerson Electric Co. (U.S.)

  • Hitachi, Ltd. (Japan)

  • Johnson Electric Holdings Limited (Hong Kong)

  • Rockwell Automation (U.S.)

  • WEG S.A. (Brazil)

  • ARC Systems, Inc. (U.S.)

  • Toshiba International Corporation (U.S.)


Market Dynamics


HVAC Industry Drives Global Market


The global electric motors market growth will be directly driven by the radical pace of industrialisation and commercialisation that will be powering construction activities around the world – especially the Asia Pacific region. The resulting demand for industrial equipment will increase the demand for electric motors globally. The HVAC (Heating, ventilation, and Air Conditioning) industry – an important consumer for electric DC motors) is also connected with the construction industry and will propel the global market upwards during the forecast period.


Electric Vehicles And Long-Term Growth Opportunities Of Electric Motors Market


Environment awareness and global focus on reducing carbon footprint are major factors driving the electric vehicles market. With various new technological innovations transforming the façade of automotive industry and the world moving toward electric mobility, the electric vehicular segment provides an excellent growth opportunity for global market growth.


Governments all over the world are also providing a growth-conducive environment for electric vehicles manufacturers by providing tax exemptions, etc., thereby promoting the market in the process. Reports suggest that China will lead the global passenger electrical vehicles by claiming 50% of the global share by 2025.


Market Restraints


China dominates, and practically dictates, the market for raw materials required for making electric motors. Global export of materials such as steel bars, copper wires, and precision thin metals such as specialty alloys, required for making electric motors are controlled by a small number of manufacturers and suppliers in China. The products are entirely identical and the only competing point is the price – whichever product is cheaper gets more traction in the global market. Price fluctuations as such are then borne by importers and consumers of these products and when a product price increases, profit margins are reduced and this creates a threat for the growth of the entire market growth prospects.


Unorganised Market Challenges Overall Growth Of Market


The electric motors market is a very fragmented one with a vast number of organised as well as unorganised players offering different qualities of the same product at varying prices. While the organised sector provides a higher quality product and focuses on the industrial buyers, the unorganised sector offers cheaper quality products for the local markets. The brand recall of organised sector may be high but the price of the products creates vast difference in the affordability of the product. Therefore, biggest industrial challenge is when the high-priced organised sector products face an enormous competition from the lower-priced unorganised sector offerings.


Market Segmentation Based On Various Factors:


The report seeks to analyse and understand the electric motor market dynamics at length and segments the market based on various factors to attain that understanding. The following are the key segmentation metrics of this market:


By Type



  • Alternate Current (AC) Motors

    • Synchronous AC motors

    • Induction AC motor



  • Direct Current (DC) Motors

    • Brushed DC motor

    • Brushless DC motor




In 2017, it was the AC electric motor segment that had the largest share, due to its role in the energy-efficient conveyor systems across the global manufacturing and automotive industries.


By Power Rating



  • Integral Horsepower (IHP) output

  • Fractional horsepower (FHP) output.


Growing automobile market has increased the global demand for several low-power applications, such as electric windows, windshield wipers, power steering and power seats, etc. This demand will power the growth of the electric motor market in the coming years, making FHP electric motors the fastest growing segment during the forecast period.


By Voltage Range



  • 9 Volts & below

  • 10-20 Volts

  • 21-60 Volts

  • 60 Volts & above


In 2017, the largest share under this segmentation was claimed by the 60 V & above category due to its application and extensive use in heavy industrial machinery used in manufacturing and automotive industries.


By Speed (RPM)



  • Low-Speed Electric Motors (Less Than 1,000 RPM)

  • Medium-Speed Electric Motors (1,001-25,000 RPM)

  • High-Speed Electric Motors (25,001-75,000 RPM)

  • Ultrahigh-Speed Electric Motors (Greater Than 75,001 RPM)


By End User



  • Industrial machinery

  • Motor vehicles

  • Heating, Ventilating, And Cooling Equipment (HVAC)

  • Aerospace & transportation

  • Household appliances

  • Other commercial applications


By Region



  • North America

  • Europe

  • Asia-Pacific

  • Latin America

  • Middle East & Africa


Regional Analysis


Asia Pacific is expected to witness the fastest electric motor market growth during the forecast period owing to rapid industrialization, and widespread commercialisation in the region. The automotive industry in the APAC region will also grow at an accelerated rate during the forecast period, driving the market trends further up in the forecast period till 2023. The developed economies are expected to grow at a sustained rate andwill be providing a definitive direction in the industry by investing in innovative eco-friendly technologies that would impact the overall structure.


Report Overview:


An electric motor is a device that powers devices by converting electrical energy into mechanical energy. Such motors function along electromagnetism and are considered highly durable, energy efficient and are low maintenance. The global market of electric motors finds a strong growth globally owing to its wide use in various household appliance, industrial equipment and even motor vehicles. Escalation in the rate of industrial activity and a latest upswing in the electric vehicles market will be driving a major growth worldwide.


Fed by various factors such as massive construction and commercialisation across the developing countries, the global electric motors market will register its sustained growth backed by increase in the demand for electric vehicles also. World Health Organization (WHO) reports state that about 7 million people globally lose their lives to complications arising out of air pollution every year. Statistics like this have inspired many governments to promote the use of electric vehicles in their countries, as a way of dealing with vehicular pollution. They set national sales targets for such vehicles and also help manufacturers by providing subsidies essential for the growth of this rather nascent market.


All this, and much more, is covered in the market research report that details the growth opportunities and market driving factors of this industry. The report essentially provides all major information required by companies for making an assessment of the global market trends till 2023.


The report explores the electric motors market in detail and provides forecast for upcoming trends by analysing all the information collected from the market. The report includes the following:



  • An all-encompassing analysis of the current and emerging market trends and dynamics.

  • Detailed analysis of the market in line with key product positioning and monitoring of the competitive landscape.

  • A complete analysis of all regions to determine the prevailing opportunities, market driving forces, challenges faced and market growth restraints.

  • An in-depth analysis of electric motor market trends and market outlook in the light of the recent COVID-19 pandemic.

  • Global electric motor market forecast analysis from till 2027.

  • A brief understanding of the key market players, within the electric motor market, and their strategies in order to understand the competitive framework of the industry and technological innovations therein.

Table of Contents

1 Executive Summary

2 Scope of the Report

2.1 Market Definition

2.2 Scope of the Study

2.2.1 Definition

2.2.2 Research Objective

2.2.3 Assumptions

2.2.4 Limitations

2.3 Research Process

2.3.1 Primary Research

2.3.2 Secondary Research

2.4 Market Size Estimation

2.5 Forecast Model


3 Market Landscape

3.1 Porter’s Five Forces Analysis

3.1.1 Threat of New Entrants

3.1.2 Bargaining Type of Buyers

3.1.3 Bargaining Type of Suppliers

3.1.4 Threat of Substitutes

3.1.5 Segment Rivalry

3.2 Value Chain/Supply Chain Analysis


4 Market Dynamics

4.1 Introduction

4.2 Market Drivers

4.3 Market Restraints

4.4 Market Opportunities

4.5 Market Trends


5 Global Electric Motors Market, By Type

5.1 Introduction

5.2 AC Motors

5.2.1 Market Estimates & Forecast, 2020-2027

5.2.2 Market Estimates & Forecast by Region, 2020-2027

5.3 DC Motors

5.3.1 Market Estimates & Forecast, 2020-2027

5.3.2 Market Estimates & Forecast by Region, 2020-2027

5.4 Hermetic Motor

5.4.1 Market Estimates & Forecast, 2020-2027

5.4.2 Market Estimates & Forecast by Region, 2020-2027

6 Global Electric Motors Market, By Voltage

6.1 Introduction

6.2 Up to 1 kV

6.2.1 Market Estimates & Forecast, 2020-2027

6.2.2 Market Estimates & Forecast by Region, 2020-2027

6.3 1 kV–6.6 kV

6.3.1 Market Estimates & Forecast, 2020-2027

6.3.2 Market Estimates & Forecast by Region, 2020-2027

6.4 Above 6.6 kV

6.4.1 Market Estimates & Forecast, 2020-2027

6.4.2 Market Estimates & Forecast by Region, 2020-2027

7 Global Electric Motors Market, By Output Power

7.1 Introduction

7.2 Up to 1 hp

7.2.1 Market Estimates & Forecast, 2020-2027

7.2.2 Market Estimates & Forecast by Region, 2020-2027

7.3 Above 1 hp

7.3.1 Market Estimates & Forecast, 2020-2027

7.3.2 Market Estimates & Forecast by Region, 2020-2027


8 Global Electric Motors Market, By End-Use

8.1 Introduction

8.2 Industrial

8.2.1 Market Estimates & Forecast, 2020-2027

8.2.2 Market Estimates & Forecast by Region, 2020-2027

8.3 Commercial

8.3.1 Market Estimates & Forecast, 2020-2027

8.3.2 Market Estimates & Forecast by Region, 2020-2027

8.4 Residential

8.4.1 Market Estimates & Forecast, 2020-2027

8.4.2 Market Estimates & Forecast by Region, 2020-2027

8.5 Agriculture

8.5.1 Market Estimates & Forecast, 2020-2027

8.5.2 Market Estimates & Forecast by Region, 2020-2027

8.6 Transportation

8.6.1 Market Estimates & Forecast, 2020-2027

8.644.2 Market Estimates & Forecast by Region, 2020-2027

9 Global Electric Motors Market, By Region

9.1 Introduction

9.2 North America

9.2.1 Market Estimates & Forecast, 2020-2027

9.2.2 Market Estimates & Forecast By Type , 2020-2027

9.2.3 Market Estimates & Forecast By Voltage, 2020-2027

9.2.4 Market Estimates & Forecast By Output Power, 2020-2027

9.2.5 Market Estimates & Forecast By End-Use, 2020-2027

9.2.6 U.S.

9.2.6.1 Market Estimates & Forecast, 2020-2027

9.2.6.2 Market Estimates & Forecast By Type , 2020-2027

9.2.6.3 Market Estimates & Forecast By Voltage, 2020-2027

9.2.6.4 Market Estimates & Forecast By Output Power, 2020-2027

9.2.6.5 Market Estimates & Forecast By End-Use, 2020-2027

9.2.7 Canada

9.2.7.1 Market Estimates & Forecast, 2020-2027

9.2.7.2 Market Estimates & Forecast By Type , 2020-2027

9.2.7.3 Market Estimates & Forecast By Voltage, 2020-2027

9.2.7.4 Market Estimates & Forecast By Output Power, 2020-2027

9.2.7.5 Market Estimates & Forecast By End-Use, 2020-2027

9.3 Europe

9.3.1 Market Estimates & Forecast, 2020-2027

9.3.2 Market Estimates & Forecast By Type , 2020-2027

9.3.3 Market Estimates & Forecast By Voltage, 2020-2027

9.3.4 Market Estimates & Forecast By Output Power, 2020-2027

9.3.5 Market Estimates & Forecast By End-Use, 2020-2027

9.3.6 U.K

9.3.6.1 Market Estimates & Forecast, 2020-2027

9.3.6.2 Market Estimates & Forecast By Type , 2020-2027

9.3.6.3 Market Estimates & Forecast By Voltage, 2020-2027

9.3.6.4 Market Estimates & Forecast By Output Power, 2020-2027

9.3.6.5 Market Estimates & Forecast By End-Use, 2020-2027

9.3.7 Germany

9.3.7.1 Market Estimates & Forecast, 2020-2027

9.3.7.2 Market Estimates & Forecast By Type , 2020-2027

9.3.7.3 Market Estimates & Forecast By Voltage, 2020-2027

9.3.7.4 Market Estimates & Forecast By Output Power, 2020-2027

9.3.7.5 Market Estimates & Forecast By End-Use, 2020-2027

9.3.8 France

9.3.8.1 Market Estimates & Forecast, 2020-2027

9.3.8.2 Market Estimates & Forecast By Type , 2020-2027

9.3.8.3 Market Estimates & Forecast By Voltage, 2020-2027

9.3.8.4 Market Estimates & Forecast By Output Power, 2020-2027

9.3.8.5 Market Estimates & Forecast By End-Use, 2020-2027

9.3.9 Spain

9.3.9.1 Market Estimates & Forecast, 2020-2027

9.3.9.2 Market Estimates & Forecast By Type , 2020-2027

9.3.9.3 Market Estimates & Forecast By Voltage, 2020-2027

9.3.9.4 Market Estimates & Forecast By Output Power, 2020-2027

9.3.9.5 Market Estimates & Forecast By End-Use, 2020-2027

9.3.10 Rest of Europe

9.3.10.1 Market Estimates & Forecast, 2020-2027

9.3.10.2 Market Estimates & Forecast By Type , 2020-2027

9.3.10.3 Market Estimates & Forecast By Voltage, 2020-2027

9.3.10.4 Market Estimates & Forecast By Output Power, 2020-2027

9.3.10.5 Market Estimates & Forecast By End-Use, 2020-2027

9.4 Asia Pacific

9.4.1 Market Estimates & Forecast, 2020-2027

9.4.2 Market Estimates & Forecast By Type , 2020-2027

9.4.3 Market Estimates & Forecast By Voltage, 2020-2027

9.4.4 Market Estimates & Forecast By Output Power, 2020-2027

9.4.5 Market Estimates & Forecast By End-Use, 2020-2027

9.4.6 China

9.4.6.1 Market Estimates & Forecast, 2020-2027

9.4.6.2 Market Estimates & Forecast By Type , 2020-2027

9.4.6.3 Market Estimates & Forecast By Voltage, 2020-2027

9.4.6.4 Market Estimates & Forecast By Output Power, 2020-2027

9.4.6.5 Market Estimates & Forecast By End-Use, 2020-2027

9.4.7 Japan

9.4.7.1 Market Estimates & Forecast, 2020-2027

9.4.7.2 Market Estimates & Forecast By Type , 2020-2027

9.4.7.3 Market Estimates & Forecast By Voltage, 2020-2027

9.4.7.4 Market Estimates & Forecast By Output Power, 2020-2027

9.4.7.5 Market Estimates & Forecast By End-Use, 2020-2027

9.4.8 India

9.4.8.1 Market Estimates & Forecast, 2020-2027

9.4.8.2 Market Estimates & Forecast By Type , 2020-2027

9.4.8.3 Market Estimates & Forecast By Voltage, 2020-2027

9.4.8.4 Market Estimates & Forecast By Output Power, 2020-2027

9.4.8.5 Market Estimates & Forecast By End-Use, 2020-2027

9.4.9 Rest of Asia Pacific

9.4.9.1 Market Estimates & Forecast, 2020-2027

9.4.9.2 Market Estimates & Forecast By Type , 2020-2027

9.4.9.3 Market Estimates & Forecast By Voltage, 2020-2027

9.4.9.4 Market Estimates & Forecast By Output Power, 2020-2027

9.4.9.5 Market Estimates & Forecast By End-Use, 2020-2027

9.5 Rest of the World

9.5.1 Market Estimates & Forecast, 2020-2027

9.5.2 Market Estimates & Forecast By Type , 2020-2027

9.5.3 Market Estimates & Forecast By Voltage, 2020-2027

9.5.4 Market Estimates & Forecast By Output Power, 2020-2027

9.5.6 Market Estimates & Forecast By End-Use, 2020-2027


10 Competitive Landscape


11 Company Profile

11.1 ABB Ltd.

11.1.1 Company Overview

11.1.2 Voltages/Services Offering

11.1.3 Financial Overview

11.1.4 Key Developments

11.1.5 Strategy

11.1.6 SWOT Analysis

11.2 Siemens AG

11.2.1 Company Overview

11.2.2 Voltage/Services Offering

11.2.3 Financial Overview

11.2.4 Key Developments

11.2.5 Strategy

11.2.6 SWOT Analysis

11.3 General Electric Company

11.3.1 Company Overview

11.3.2 Voltages /Services Offering

11.3.3 Financial Overview

11.3.4 Key Developments

11.3.5 Strategy

11.3.6 SWOT Analysis

11.4 Nidec Corporation

11.4.1 Company Overview

11.4.2 Voltages /Services Offering

11.4.3 Financial Overview

11.4.4 Key Developments

11.4.5 Strategy

11.4.6 SWOT Analysis

11.5 Denso Corporation

11.5.1 Company Overview

11.5.2 Voltages /Services Offering

11.5.3 Financial Overview

11.5.4 Key Developments

11.5.5 Strategy

11.5.6 SWOT Analysis

11.6 Allied Motion Technologies, Inc.

11.6.1 Company Overview

11.6.2 Voltages /Services Offering

11.6.3 Financial Overview

11.6.4 Key Developments

11.6.5 Strategy

11.6.6 SWOT Analysis

11.7 Ametek, Inc.

11.7.1 Company Overview

11.7.2 Voltages /Services Offering

11.7.3 Financial Overview

11.7.4 Key Developments

11.7.5 Strategy

11.7.6 SWOT Analysis

11.8 Robert Bosch GmbH

11.8.1 Company Overview

11.8.2 Voltage s/Services Offering

11.8.3 Financial Overview

11.8.4 Key Developments

11.8.5 Strategy

11.8.6 SWOT Analysis

11.9 Emerson Electric Co.

11.9.1 Company Overview

11.9.2 Voltages /Services Offering

11.9.3 Financial Overview

11.9.4 Key Developments

11.9.5 Strategy

11.9.6 SWOT Analysis

11.10 Hitachi, Ltd.

11.10.1 Company Overview

11.10.2 Voltages /Services Offering

11.10.3 Financial Overview

11.10.4 Key Developments

11.10.5 Strategy

11.10.6 SWOT Analysis

11.11 Johnson Electric Holdings Limited

11.11.1 Company Overview

11.11.2 Voltages /Services Offering

11.11.3 Financial Overview

11.11.4 Key Developments

11.11.5 Strategy

11.11.6 SWOT Analysis

11.12 Rockwell Automation

11.12.1 Company Overview

11.12.2 Voltage s/Services Offering

11.12.3 Financial Overview

11.12.4 Key Developments

11.12.5 Strategy

11.12.6 SWOT Analysis

11.13 WEG S.A.

11.13.1 Company Overview

11.13.2 Voltages /Services Offering

11.13.3 Financial Overview

11.13.4 Key Developments

11.13.5 Strategy

11.13.6 SWOT Analysis

11.14 ARC Systems, Inc.

11.14.1 Company Overview

11.14.2 Voltages /Services Offering

11.14.3 Financial Overview

11.14.4 Key Developments

11.14.5 Strategy

11.14.6 SWOT Analysis

11.15 Toshiba International Corporation

11.15.1 Company Overview

11.15.2 Voltage s/Services Offering

11.15.3 Financial Overview

11.15.4 Key Developments

11.15.5 Strategy

11.15.6 SWOT Analysis

List of Tables

Table 1 Global Electric Motors Market: By Region, 2020-2027

Table 2 North America Electric Motors Market: By Country, 2020-2027

Table 3 Europe Electric Motors Market: By Country, 2020-2027

Table 4 Asia Pacific Electric Motors Market: By Country, 2020-2027

Table 5 RoW Electric Motors Market: By Country, 2020-2027

Table 6 Global Electric Motors Market, By Type, By Regions, 2020-2027

Table 7 North America Electric Motors Market, By Type, By Country, 2020-2027

Table 8 Europe Electric Motors Market, By Voltage, By Country, 2020-2027

Table 9 Asia Pacific Electric Motors Market By Type, By Country, 2020-2027

Table 10 RoW Electric Motors Market By Type, By Country, 2020-2027

Table 11 Global Electric Motors By Voltage: By Regions, 2020-2027

Table 12 North America Electric Motors Market By Voltage : By Country, 2020-2027

Table 13 Europe Electric Motors Market By Voltage : By Country, 2020-2027

Table 14 Asia Pacific Electric Motors Market By Voltage : By Country, 2020-2027

Table 15 RoW Electric Motors Market By Voltage : By Country, 2020-2027

Table 16 Global Electric Motors Market, By Output Power, By Regions, 2020-2027

Table 17 North America Electric Motors Market, By Output Power, By Country, 2020-2027

Table 18 Europe Electric Motors Market, By Output Power, By Country, 2020-2027

Table 19 Asia Pacific Electric Motors Market, By Output Power, By Country, 2020-2027

Table 20 RoW Electric Motors Market, By Output Power, By Country, 2020-2027

Table 21 Global Electric Motors Market, By End-use, By Regions, 2020-2027

Table 22 North America Electric Motors Market, By End-use, By Country, 2020-2027

Table 23 Europe Electric Motors Market, By End-use, By Country, 2020-2027

Table 24 Asia Pacific Electric Motors Market, By End-use, By Country, 2020-2027

Table 25 RoW Electric Motors Market, By End-use, By Country, 2020-2027

Table 26 Global Product Market: By Region, 2020-2027

Table 27 Global Material Market: By Region, 2020-2027

Table 28 Global Packaging Type Market: By Region, 2020-2027

Table 29 North America Electric Motors Market, By Country

Table 30 North America Electric Motors Market, By Type

Table 31 North America Electric Motors Market, By Voltage

Table 32 North America Electric Motors Market, By Output Power

Table 33 North America Electric Motors Market, By End-use

Table 34 Europe: Electric Motors Market, By Country

Table 35 Europe: Electric Motors Market, By Type

Table 36 Europe: Electric Motors Market, By Voltage

Table 37 Europe: Electric Motors Market, By Output Power

Table 38 Europe: Electric Motors Market, By End-use

Table 39 Asia Pacific: Electric Motors Market, By Country

Table 40 Asia Pacific: Electric Motors Market, By Type

Table 41 Asia Pacific: Electric Motors Market, By Output Power

Table 42 Asia Pacific: Electric Motors Market, By Voltage

Table 43 Asia Pacific: Electric Motors Market, By End-use

Table 44 RoW: Electric Motors Market, By Region

Table 45 RoW Electric Motors Market, By Type

Table 46 RoW Electric Motors Market, By Voltage

Table 47 RoW Electric Motors Market, By Output Power

Table 48 RoW Electric Motors Market, By End-use






List of Figures

FIGURE 1 RESEARCH PROCESS OF MRFR

FIGURE 2 TOP DOWN & BOTTOM UP APPROACH

FIGURE 3 Market Dynamics

FIGURE 4 impact analysis: Market drivers

FIGURE 5 impact analysis: Market restraints

FIGURE 6 porter’s five forces analysis

FIGURE 7 Value chain analysis

FIGURE 8 GLOBAL Electric Motors MARKET SHARE, By Type, 2020 (%)

FIGURE 9 GLOBAL Electric Motors MARKET, By Type, 2020-2027 (USD MILLION)

FIGURE 10 GLOBAL Electric Motors MARKET SHARE, By Output Power, 2020 (%)

FIGURE 11 GLOBAL Electric Motors MARKET, By Output Power, 2020-2027 (USD MILLION)

FIGURE 12 GLOBAL Electric Motors MARKET SHARE, By Voltage, 2020 (%)

FIGURE 13 GLOBAL Electric Motors MARKET, By Voltage, 2020-2027 (USD MILLION)

FIGURE 14 GLOBAL Electric Motors MARKET SHARE, By End-use, 2020 (%)

FIGURE 15 GLOBAL Electric Motors MARKET, By End-use, 2020-2027 (USD MILLION)

FIGURE 16 GLOBAL Electric Motors MARKET SHARE (%), BY REGION, 2020

FIGURE 17 GLOBAL Electric Motors MARKET, BY REGION, 2020-2027 (USD MILLION)

FIGURE 18 North America Electric Motors MARKET SHARE (%), 2020

FIGURE 19 North America Electric Motors MARKET BY Country, 2020-2027 (USD MILLION)

FIGURE 20 Europe Electric Motors MARKET SHARE (%), 2020

FIGURE 21 Europe Electric Motors MARKET BY Country, 2020-2027 (USD MILLION)

FIGURE 22 Asia Pacific Electric Motors MARKET SHARE (%), 2020

FIGURE 23 Asia Pacific Electric Motors MARKET BY Country, 2020-2027 (USD MILLION)

FIGURE 24 Rest of the World Electric Motors MARKET SHARE (%), 2020

FIGURE 25 Rest of the World Electric Motors MARKET BY Country, 2020-2027 (USD MILLION)

Electric Motors Market