Report overview
This report studies the Industrial Motors market. Motor is a device that transfer power between electric power and mechanical power. Just as the name implies, industrial motors are motors used in the various industries. In this report, the industrial motors does not prefers to the motor used in automotive, home appliances, power tools, etc. The motors used in these applications are general called small & special electric motors.
This report aims to provide a comprehensive presentation of the global market for Industrial Motors, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Industrial Motors. This report contains market size and forecasts of Industrial Motors in global, including the following market information:
Global Industrial Motors Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Industrial Motors Market Sales, 2018-2023, 2024-2029, (MW)
Global top five Industrial Motors companies in 2022 (%)
The global Industrial Motors market was valued at US$ 53450 million in 2022 and is projected to reach US$ 66020 million by 2029, at a CAGR of 3.1% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global Industrial Motors key players include ABB, Siemens, Mitsubishi, GE, HITACHI, etc. Global top five manufacturers hold a share over 30%. China is the largest market, with a share about 30%, followed by Europe and North America, total have a share over 40 percent. In terms of product, Low Voltage Motor is the largest segment, with a share about 65%. And in terms of application, the largest application is Power Generation, followed by Mining & Metal, Industrial Machinery, and Oil & Gas.
We surveyed the Industrial Motors manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Industrial Motors Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (MW)
Global Industrial Motors Market Segment Percentages, by Type, 2022 (%)
High Voltage Motor
Low Voltage Motor
Global Industrial Motors Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (MW)
Global Industrial Motors Market Segment Percentages, by Application, 2022 (%)
Oil & Gas
Power Generation
Mining & Metal
Industrial Machinery
Others
Global Industrial Motors Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (MW)
Global Industrial Motors Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Industrial Motors revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Industrial Motors revenues share in global market, 2022 (%)
Key companies Industrial Motors sales in global market, 2018-2023 (Estimated), (MW)
Key companies Industrial Motors sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
ABB
Siemens
Mitsubishi
GE
HITACHI
Nidec
Toshiba
Regal Beloit
WEG
Teco
Emerson
MEIDENSHA
Wolong Electric
Rockwell Automation
Franklin Electric
Zhongda Motor
XIZI FORVORDA
Ametek
Allied Motion
JEUMONT
Outline of Major Chapters:
Chapter 1: Introduces the definition of Industrial Motors, market overview.
Chapter 2: Global Industrial Motors market size in revenue and volume.
Chapter 3: Detailed analysis of Industrial Motors manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Industrial Motors in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Industrial Motors capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
