Electric DC Motors Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Type (Brushed DC Motor, Brushless DC Motor); Speed (Low Speed, Medium Speed, High Speed); Application (Industrial Machinery, Motor Vehicles, HVAC Equipment, Aerospace and Transportation, Household Appliances, Others) and Geography
Report Code: TIPRE00014525 No. of Pages: 150 Category: Electronics and Semiconductor Status: Upcoming
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MARKET INTRODUCTION
The electric DC motors are used in various industrial applications ranging from machinery, handheld tools to material transportation equipment. The rising demand for electric DC motors owing to its benefits such as quick starting and stopping, reversing, variable speed, smooth operations, offer precise motion control, higher starting torque, enhanced performance, efficiency, and reliability. DC motors are used in various equipment, such as household appliances, industrial equipment, HVAC equipment, agriculture equipment, etc. Thus, the wide range of DC motor application is driving the growth of the electric DC motors market.
MARKET DYNAMICS
Increasing industrialization, growing automation of manufacturing processes, and increasing demand for building automation systems are the primary drivers for the electric DC motors market. Government initiatives towards electric vehicles are also fueling the growth of the electric DC motors market. Furthermore, the ongoing trend of industry 4.0, such as robotics, machine learning, industrial internet of things (IIoT), is expected to influence the growth of the global electric DC motor market in the coming years.
MARKET SCOPE
The "Global Electric DC Motors Market Analysis to 2028" is a specialized and in-depth study of the electric DC motors industry with a special focus on the global market trend analysis. The report aims to provide an overview electric DC motors market with detailed market segmentation as type, speed, application, and geography. The global electric DC motors market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading electric DC motors market players and offers key trends and opportunities in the electric DC motors market.
MARKET SEGMENTATION
The global electric DC motors market is segmented on the basis of type, speed, application. On the basis of type the market is segmented as brushless DC motor, brushed DC motor. On the basis of speed the market is segmented as low speed, medium speed, high speed. On the basis of application the market is segmented as industrial machinery, motor vehicles, HVAC equipment, aerospace and transportation, household appliances, others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global electric DC motors market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The electric DC motors market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
`The report analyzes factors affecting electric DC motors market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the electric DC motors market in these regions.
The reports cover key developments in the electric DC motors market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from Electric DC motors market are anticipated to lucrative growth opportunities in the future with the rising demand for electric DC motors in the global market. Below mentioned is the list of few companies engaged in the electric DC motors market.
The report also includes the profiles of key electric DC motors companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
The electric DC motors are used in various industrial applications ranging from machinery, handheld tools to material transportation equipment. The rising demand for electric DC motors owing to its benefits such as quick starting and stopping, reversing, variable speed, smooth operations, offer precise motion control, higher starting torque, enhanced performance, efficiency, and reliability. DC motors are used in various equipment, such as household appliances, industrial equipment, HVAC equipment, agriculture equipment, etc. Thus, the wide range of DC motor application is driving the growth of the electric DC motors market.
MARKET DYNAMICS
Increasing industrialization, growing automation of manufacturing processes, and increasing demand for building automation systems are the primary drivers for the electric DC motors market. Government initiatives towards electric vehicles are also fueling the growth of the electric DC motors market. Furthermore, the ongoing trend of industry 4.0, such as robotics, machine learning, industrial internet of things (IIoT), is expected to influence the growth of the global electric DC motor market in the coming years.
MARKET SCOPE
The "Global Electric DC Motors Market Analysis to 2028" is a specialized and in-depth study of the electric DC motors industry with a special focus on the global market trend analysis. The report aims to provide an overview electric DC motors market with detailed market segmentation as type, speed, application, and geography. The global electric DC motors market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading electric DC motors market players and offers key trends and opportunities in the electric DC motors market.
MARKET SEGMENTATION
The global electric DC motors market is segmented on the basis of type, speed, application. On the basis of type the market is segmented as brushless DC motor, brushed DC motor. On the basis of speed the market is segmented as low speed, medium speed, high speed. On the basis of application the market is segmented as industrial machinery, motor vehicles, HVAC equipment, aerospace and transportation, household appliances, others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global electric DC motors market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The electric DC motors market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
`The report analyzes factors affecting electric DC motors market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the electric DC motors market in these regions.
The reports cover key developments in the electric DC motors market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from Electric DC motors market are anticipated to lucrative growth opportunities in the future with the rising demand for electric DC motors in the global market. Below mentioned is the list of few companies engaged in the electric DC motors market.
The report also includes the profiles of key electric DC motors companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- ABB
- Allied Motion Inc.
- AMETEK, Inc.
- Bhler Motor GmbH
- FAULHABER MICROMO, LLC.
- Johnson Electric Holdings Limited
- Maxon Motor AG
- Nidec Corporation
- Regal Beloit Corporation
- Siemens AG
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.