Electric Motor and Generator Market Size, Share, Growth Opportunities, Key Players, Market Trends and Demand by 2023

13/giu/2018 13:23:21 Nasir Jones Contatta l'autore

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The  electric motor and generator market  is witnessing peace. The power efficient electric motors offer various benefits, such as longer operating life, low maintenance, and lower energy consumption over traditional electric motors.

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The improvement in energy efficiency of the electric motors and the increase of the electric motor and the generator of the electric motor recent years.

Based on the output current, the global electric motor and generator market can be broadly classified as AC electric motor and generator, DC electric motor and generator, Synchronous AC Motor, and Induction AC Motor. Further generation on the output power, AC generators can be classified, as electric motors (less than 37.5 watts), AC generators (less than 75 kVA), AC generators (75-375 kVA), AC generators (375-750 kVA), and AC generators (more than 750 kVA). Based on the output power, DC generators and motors (output 75-375 kW), and DC generators and motors (output more than 375 kW).

Based on the different applications of electric motor and generator the market can be classified as industrial machinery, heating ventilating and cooling (HVAC) equipment, motor vehicles, aerospace and transportation, household appliances, and other applications.

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Asia Pacific has been the largest and fastest growing market of electric motor and generator in 2014. Asia Pacific is expected to maintain its dominance even during the forecast period from China and India.

Country wise, the US and Canada dominate the electric motor and generator market in North America. France, Germany, the UK, and Italy, are some of the major players in the European electric motor and generator market. China, Japan, India, and South Korea are some of the leading regions in the Asia Pacific.

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Asmo Co Ltd., Arc Systems, Brook Crompton, Danahar Motion LLC, Ametek Inc., Rockwell Automation, Franklin Electric Co., Inc., Siemens Ag, Johnson Electric Holdings Ltd ., Ametek Inc., Allied Motion Technologies Inc., Baldor Electric Company, and Siemens among others.

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