Motor is a kind of electromagnetic device that realizes electric energy conversion or transmission according to the law of electromagnetic induction. As a basic product in industrial society, motor plays an important role in national production and life.
This report aims to provide a comprehensive presentation of the global market for Motor, 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 Motor. This report contains market size and forecasts of Motor in global, including the following market information:
Global Motor Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global Motor market was valued at US$ 143740 million in 2022 and is projected to reach US$ 224900 million by 2029, at a CAGR of 6.6% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Motor products are widely used in various fields of national economy, especially large and medium-sized motors, widely used in industrial fields, such as metallurgy, electric power, petrochemical, coal, mining, building materials, papermaking and so on. In addition, the motor is also used in the field of electronic information, rail transit, home appliances, new energy vehicles and other industries.
ABB, Siemens, WEG, Regal Beloit, Nidec, GE, TMEIC, SEVa-TEC, etc., are the major manufacturers of electric motor products in the world, among which Nidec is the leader in the global electric motor market, and its revenue in 2019 accounts for about 6% of the total market revenue.
In domestic motor market, leading domestic manufacturers including Wolong, ANHUI WANNAN ELECTRIC MACHINE, Jiamusi Electric Machine, Shanghai Electric Machinery, Jiangsu dazhong Electromotor, etc., these 5 companies to occupy the market share of about 7%.
We surveyed the Motor companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Motor Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Motor Market Segment Percentages, by Type, 2022 (%)
Industrial and Control Motors
Micro Motor
Global Motor Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Motor Market Segment Percentages, by Application, 2022 (%)
Industrial Machinery
Automobile
HVAC
Aviation and Transportation
Home Appliance
Others
Global Motor Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Motor 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 Motor revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Motor revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
ABB
Siemens
WEG
Regal Beloit
Nidec
GE
TMEIC
SEVA-tec
Wolong
ANHUI WANNAN ELECTRIC MACHINE
Jiamusi Electric Machine
Shanghai Electric Machinery
Jiangsu dazhong Electromotor
Outline of Major Chapters:
Chapter 1: Introduces the definition of Motor, market overview.
Chapter 2: Global Motor market size in revenue.
Chapter 3: Detailed analysis of Motor company competitive landscape, revenue and 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 Motor 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: The main points and conclusions of the report.
TABLE OF CONTENTS
1 Introduction to Research & Analysis Reports
1.1 Motor Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Application
1.3 Global Motor Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
1.5.1 Research Methodology
1.5.2 Research Process
1.5.3 Base Year
1.5.4 Report Assumptions & Caveats
2 Global Motor Overall Market Size
2.1 Global Motor Market Size: 2022 VS 2029
2.2 Global Motor Market Size, Prospects & Forecasts: 2018-2029
2.3 Key Market Trends, Opportunity, Drivers and Restraints
2.3.1 Market Opportunities & Trends
2.3.2 Market Drivers
2.3.3 Market Restraints
3 Company Landscape
3.1 Top Motor Players in Global Market
3.2 Top Global Motor Companies Ranked by Revenue
3.3 Global Motor Revenue by Companies
3.4 Top 3 and Top 5 Motor Companies in Global Market, by Revenue in 2022
3.5 Global Companies Motor Product Type
3.6 Tier 1, Tier 2 and Tier 3 Motor Players in Global Market
3.6.1 List of Global Tier 1 Motor Companies
3.6.2 List of Global Tier 2 and Tier 3 Motor Companies
4 Market Sights by Product
4.1 Overview
4.1.1 By Type - Global Motor Market Size Markets, 2022 & 2029
4.1.2 Industrial and Control Motors
4.1.3 Micro Motor
4.2 By Type - Global Motor Revenue & Forecasts
4.2.1 By Type - Global Motor Revenue, 2018-2023
4.2.2 By Type - Global Motor Revenue, 2024-2029
4.2.3 By Type - Global Motor Revenue Market Share, 2018-2029
5 Sights by Application
5.1 Overview
5.1.1 By Application - Global Motor Market Size, 2022 & 2029
5.1.2 Industrial Machinery
5.1.3 Automobile
5.1.4 HVAC
5.1.5 Aviation and Transportation
5.1.6 Home Appliance
5.1.7 Others
5.2 By Application - Global Motor Revenue & Forecasts
5.2.1 By Application - Global Motor Revenue, 2018-2023
5.2.2 By Application - Global Motor Revenue, 2024-2029
5.2.3 By Application - Global Motor Revenue Market Share, 2018-2029
6 Sights by Region
6.1 By Region - Global Motor Market Size, 2022 & 2029
6.2 By Region - Global Motor Revenue & Forecasts
6.2.1 By Region - Global Motor Revenue, 2018-2023
6.2.2 By Region - Global Motor Revenue, 2024-2029
6.2.3 By Region - Global Motor Revenue Market Share, 2018-2029
6.3 North America
6.3.1 By Country - North America Motor Revenue, 2018-2029
6.3.2 US Motor Market Size, 2018-2029
6.3.3 Canada Motor Market Size, 2018-2029
6.3.4 Mexico Motor Market Size, 2018-2029
6.4 Europe
6.4.1 By Country - Europe Motor Revenue, 2018-2029
6.4.2 Germany Motor Market Size, 2018-2029
6.4.3 France Motor Market Size, 2018-2029
6.4.4 U.K. Motor Market Size, 2018-2029
6.4.5 Italy Motor Market Size, 2018-2029
6.4.6 Russia Motor Market Size, 2018-2029
6.4.7 Nordic Countries Motor Market Size, 2018-2029
6.4.8 Benelux Motor Market Size, 2018-2029
6.5 Asia
6.5.1 By Region - Asia Motor Revenue, 2018-2029
6.5.2 China Motor Market Size, 2018-2029
6.5.3 Japan Motor Market Size, 2018-2029
6.5.4 South Korea Motor Market Size, 2018-2029
6.5.5 Southeast Asia Motor Market Size, 2018-2029
6.5.6 India Motor Market Size, 2018-2029
6.6 South America
6.6.1 By Country - South America Motor Revenue, 2018-2029
6.6.2 Brazil Motor Market Size, 2018-2029
6.6.3 Argentina Motor Market Size, 2018-2029
6.7 Middle East & Africa
6.7.1 By Country - Middle East & Africa Motor Revenue, 2018-2029
6.7.2 Turkey Motor Market Size, 2018-2029
6.7.3 Israel Motor Market Size, 2018-2029
6.7.4 Saudi Arabia Motor Market Size, 2018-2029
6.7.5 UAE Motor Market Size, 2018-2029
7 Motor Companies Profiles
7.1 ABB
7.1.1 ABB Company Summary
7.1.2 ABB Business Overview
7.1.3 ABB Motor Major Product Offerings
7.1.4 ABB Motor Revenue in Global Market (2018-2023)
7.1.5 ABB Key News & Latest Developments
7.2 Siemens
7.2.1 Siemens Company Summary
7.2.2 Siemens Business Overview
7.2.3 Siemens Motor Major Product Offerings
7.2.4 Siemens Motor Revenue in Global Market (2018-2023)
7.2.5 Siemens Key News & Latest Developments
7.3 WEG
7.3.1 WEG Company Summary
7.3.2 WEG Business Overview
7.3.3 WEG Motor Major Product Offerings
7.3.4 WEG Motor Revenue in Global Market (2018-2023)
7.3.5 WEG Key News & Latest Developments
7.4 Regal Beloit
7.4.1 Regal Beloit Company Summary
7.4.2 Regal Beloit Business Overview
7.4.3 Regal Beloit Motor Major Product Offerings
7.4.4 Regal Beloit Motor Revenue in Global Market (2018-2023)
7.4.5 Regal Beloit Key News & Latest Developments
7.5 Nidec
7.5.1 Nidec Company Summary
7.5.2 Nidec Business Overview
7.5.3 Nidec Motor Major Product Offerings
7.5.4 Nidec Motor Revenue in Global Market (2018-2023)
7.5.5 Nidec Key News & Latest Developments
7.6 GE
7.6.1 GE Company Summary
7.6.2 GE Business Overview
7.6.3 GE Motor Major Product Offerings
7.6.4 GE Motor Revenue in Global Market (2018-2023)
7.6.5 GE Key News & Latest Developments
7.7 TMEIC
7.7.1 TMEIC Company Summary
7.7.2 TMEIC Business Overview
7.7.3 TMEIC Motor Major Product Offerings
7.7.4 TMEIC Motor Revenue in Global Market (2018-2023)
7.7.5 TMEIC Key News & Latest Developments
7.8 SEVA-tec
7.8.1 SEVA-tec Company Summary
7.8.2 SEVA-tec Business Overview
7.8.3 SEVA-tec Motor Major Product Offerings
7.8.4 SEVA-tec Motor Revenue in Global Market (2018-2023)
7.8.5 SEVA-tec Key News & Latest Developments
7.9 Wolong
7.9.1 Wolong Company Summary
7.9.2 Wolong Business Overview
7.9.3 Wolong Motor Major Product Offerings
7.9.4 Wolong Motor Revenue in Global Market (2018-2023)
7.9.5 Wolong Key News & Latest Developments
7.10 ANHUI WANNAN ELECTRIC MACHINE
7.10.1 ANHUI WANNAN ELECTRIC MACHINE Company Summary
7.10.2 ANHUI WANNAN ELECTRIC MACHINE Business Overview
7.10.3 ANHUI WANNAN ELECTRIC MACHINE Motor Major Product Offerings
7.10.4 ANHUI WANNAN ELECTRIC MACHINE Motor Revenue in Global Market (2018-2023)
7.10.5 ANHUI WANNAN ELECTRIC MACHINE Key News & Latest Developments
7.11 Jiamusi Electric Machine
7.11.1 Jiamusi Electric Machine Company Summary
7.11.2 Jiamusi Electric Machine Business Overview
7.11.3 Jiamusi Electric Machine Motor Major Product Offerings
7.11.4 Jiamusi Electric Machine Motor Revenue in Global Market (2018-2023)
7.11.5 Jiamusi Electric Machine Key News & Latest Developments
7.12 Shanghai Electric Machinery
7.12.1 Shanghai Electric Machinery Company Summary
7.12.2 Shanghai Electric Machinery Business Overview
7.12.3 Shanghai Electric Machinery Motor Major Product Offerings
7.12.4 Shanghai Electric Machinery Motor Revenue in Global Market (2018-2023)
7.12.5 Shanghai Electric Machinery Key News & Latest Developments
7.13 Jiangsu dazhong Electromotor
7.13.1 Jiangsu dazhong Electromotor Company Summary
7.13.2 Jiangsu dazhong Electromotor Business Overview
7.13.3 Jiangsu dazhong Electromotor Motor Major Product Offerings
7.13.4 Jiangsu dazhong Electromotor Motor Revenue in Global Market (2018-2023)
7.13.5 Jiangsu dazhong Electromotor Key News & Latest Developments
8 Conclusion
9 Appendix
9.1 Note
9.2 Examples of Clients
9.3 Disclaimer
LIST OF TABLES & FIGURES
List of Tables
Table 1. Motor Market Opportunities & Trends in Global Market
Table 2. Motor Market Drivers in Global Market
Table 3. Motor Market Restraints in Global Market
Table 4. Key Players of Motor in Global Market
Table 5. Top Motor Players in Global Market, Ranking by Revenue (2022)
Table 6. Global Motor Revenue by Companies, (US$, Mn), 2018-2023
Table 7. Global Motor Revenue Share by Companies, 2018-2023
Table 8. Global Companies Motor Product Type
Table 9. List of Global Tier 1 Motor Companies, Revenue (US$, Mn) in 2022 and Market Share
Table 10. List of Global Tier 2 and Tier 3 Motor Companies, Revenue (US$, Mn) in 2022 and Market Share
Table 11. By Type ? Global Motor Revenue, (US$, Mn), 2022 & 2029
Table 12. By Type - Motor Revenue in Global (US$, Mn), 2018-2023
Table 13. By Type - Motor Revenue in Global (US$, Mn), 2024-2029
Table 14. By Application ? Global Motor Revenue, (US$, Mn), 2022 & 2029
Table 15. By Application - Motor Revenue in Global (US$, Mn), 2018-2023
Table 16. By Application - Motor Revenue in Global (US$, Mn), 2024-2029
Table 17. By Region ? Global Motor Revenue, (US$, Mn), 2022 & 2029
Table 18. By Region - Global Motor Revenue (US$, Mn), 2018-2023
Table 19. By Region - Global Motor Revenue (US$, Mn), 2024-2029
Table 20. By Country - North America Motor Revenue, (US$, Mn), 2018-2023
Table 21. By Country - North America Motor Revenue, (US$, Mn), 2024-2029
Table 22. By Country - Europe Motor Revenue, (US$, Mn), 2018-2023
Table 23. By Country - Europe Motor Revenue, (US$, Mn), 2024-2029
Table 24. By Region - Asia Motor Revenue, (US$, Mn), 2018-2023
Table 25. By Region - Asia Motor Revenue, (US$, Mn), 2024-2029
Table 26. By Country - South America Motor Revenue, (US$, Mn), 2018-2023
Table 27. By Country - South America Motor Revenue, (US$, Mn), 2024-2029
Table 28. By Country - Middle East & Africa Motor Revenue, (US$, Mn), 2018-2023
Table 29. By Country - Middle East & Africa Motor Revenue, (US$, Mn), 2024-2029
Table 30. ABB Company Summary
Table 31. ABB Motor Product Offerings
Table 32. ABB Motor Revenue (US$, Mn) & (2018-2023)
Table 33. ABB Key News & Latest Developments
Table 34. Siemens Company Summary
Table 35. Siemens Motor Product Offerings
Table 36. Siemens Motor Revenue (US$, Mn) & (2018-2023)
Table 37. Siemens Key News & Latest Developments
Table 38. WEG Company Summary
Table 39. WEG Motor Product Offerings
Table 40. WEG Motor Revenue (US$, Mn) & (2018-2023)
Table 41. WEG Key News & Latest Developments
Table 42. Regal Beloit Company Summary
Table 43. Regal Beloit Motor Product Offerings
Table 44. Regal Beloit Motor Revenue (US$, Mn) & (2018-2023)
Table 45. Regal Beloit Key News & Latest Developments
Table 46. Nidec Company Summary
Table 47. Nidec Motor Product Offerings
Table 48. Nidec Motor Revenue (US$, Mn) & (2018-2023)
Table 49. Nidec Key News & Latest Developments
Table 50. GE Company Summary
Table 51. GE Motor Product Offerings
Table 52. GE Motor Revenue (US$, Mn) & (2018-2023)
Table 53. GE Key News & Latest Developments
Table 54. TMEIC Company Summary
Table 55. TMEIC Motor Product Offerings
Table 56. TMEIC Motor Revenue (US$, Mn) & (2018-2023)
Table 57. TMEIC Key News & Latest Developments
Table 58. SEVA-tec Company Summary
Table 59. SEVA-tec Motor Product Offerings
Table 60. SEVA-tec Motor Revenue (US$, Mn) & (2018-2023)
Table 61. SEVA-tec Key News & Latest Developments
Table 62. Wolong Company Summary
Table 63. Wolong Motor Product Offerings
Table 64. Wolong Motor Revenue (US$, Mn) & (2018-2023)
Table 65. Wolong Key News & Latest Developments
Table 66. ANHUI WANNAN ELECTRIC MACHINE Company Summary
Table 67. ANHUI WANNAN ELECTRIC MACHINE Motor Product Offerings
Table 68. ANHUI WANNAN ELECTRIC MACHINE Motor Revenue (US$, Mn) & (2018-2023)
Table 69. ANHUI WANNAN ELECTRIC MACHINE Key News & Latest Developments
Table 70. Jiamusi Electric Machine Company Summary
Table 71. Jiamusi Electric Machine Motor Product Offerings
Table 72. Jiamusi Electric Machine Motor Revenue (US$, Mn) & (2018-2023)
Table 73. Jiamusi Electric Machine Key News & Latest Developments
Table 74. Shanghai Electric Machinery Company Summary
Table 75. Shanghai Electric Machinery Motor Product Offerings
Table 76. Shanghai Electric Machinery Motor Revenue (US$, Mn) & (2018-2023)
Table 77. Shanghai Electric Machinery Key News & Latest Developments
Table 78. Jiangsu dazhong Electromotor Company Summary
Table 79. Jiangsu dazhong Electromotor Motor Product Offerings
Table 80. Jiangsu dazhong Electromotor Motor Revenue (US$, Mn) & (2018-2023)
Table 81. Jiangsu dazhong Electromotor Key News & Latest Developments
List of Figures
Figure 1. Motor Segment by Type in 2022
Figure 2. Motor Segment by Application in 2022
Figure 3. Global Motor Market Overview: 2022
Figure 4. Key Caveats
Figure 5. Global Motor Market Size: 2022 VS 2029 (US$, Mn)
Figure 6. Global Motor Revenue, 2018-2029 (US$, Mn)
Figure 7. The Top 3 and 5 Players Market Share by Motor Revenue in 2022
Figure 8. By Type - Global Motor Revenue Market Share, 2018-2029
Figure 9. By Application - Global Motor Revenue Market Share, 2018-2029
Figure 10. By Type - Global Motor Revenue, (US$, Mn), 2022 & 2029
Figure 11. By Type - Global Motor Revenue Market Share, 2018-2029
Figure 12. By Application - Global Motor Revenue, (US$, Mn), 2022 & 2029
Figure 13. By Application - Global Motor Revenue Market Share, 2018-2029
Figure 14. By Region - Global Motor Revenue Market Share, 2018-2029
Figure 15. By Country - North America Motor Revenue Market Share, 2018-2029
Figure 16. US Motor Revenue, (US$, Mn), 2018-2029
Figure 17. Canada Motor Revenue, (US$, Mn), 2018-2029
Figure 18. Mexico Motor Revenue, (US$, Mn), 2018-2029
Figure 19. By Country - Europe Motor Revenue Market Share, 2018-2029
Figure 20. Germany Motor Revenue, (US$, Mn), 2018-2029
Figure 21. France Motor Revenue, (US$, Mn), 2018-2029
Figure 22. U.K. Motor Revenue, (US$, Mn), 2018-2029
Figure 23. Italy Motor Revenue, (US$, Mn), 2018-2029
Figure 24. Russia Motor Revenue, (US$, Mn), 2018-2029
Figure 25. Nordic Countries Motor Revenue, (US$, Mn), 2018-2029
Figure 26. Benelux Motor Revenue, (US$, Mn), 2018-2029
Figure 27. By Region - Asia Motor Revenue Market Share, 2018-2029
Figure 28. China Motor Revenue, (US$, Mn), 2018-2029
Figure 29. Japan Motor Revenue, (US$, Mn), 2018-2029
Figure 30. South Korea Motor Revenue, (US$, Mn), 2018-2029
Figure 31. Southeast Asia Motor Revenue, (US$, Mn), 2018-2029
Figure 32. India Motor Revenue, (US$, Mn), 2018-2029
Figure 33. By Country - South America Motor Revenue Market Share, 2018-2029
Figure 34. Brazil Motor Revenue, (US$, Mn), 2018-2029
Figure 35. Argentina Motor Revenue, (US$, Mn), 2018-2029
Figure 36. By Country - Middle East & Africa Motor Revenue Market Share, 2018-2029
Figure 37. Turkey Motor Revenue, (US$, Mn), 2018-2029
Figure 38. Israel Motor Revenue, (US$, Mn), 2018-2029
Figure 39. Saudi Arabia Motor Revenue, (US$, Mn), 2018-2029
Figure 40. UAE Motor Revenue, (US$, Mn), 2018-2029
Figure 41. ABB Motor Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 42. Siemens Motor Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 43. WEG Motor Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 44. Regal Beloit Motor Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 45. Nidec Motor Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 46. GE Motor Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 47. TMEIC Motor Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 48. SEVA-tec Motor Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 49. Wolong Motor Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 50. ANHUI WANNAN ELECTRIC MACHINE Motor Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 51. Jiamusi Electric Machine Motor Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 52. Shanghai Electric Machinery Motor Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 53. Jiangsu dazhong Electromotor Motor Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
