According to Our latest research report on “Europe Electric Motor Market ” highlights the substantial global expansion occurring within this sector. The report encompasses projections for the years leading up to 2031, accompanied by a comprehensive analysis of the market’s current size, prevailing trends, market share, and economic insights.
The electric motor market is at a mature stage but has the potential to grow further at a moderate rate over the forecast period. The market has witnessed tremendous technological advancements in the past few years. In addition, growing awareness in end-user verticals regarding eco-conscious living is accelerating the popularity of products that are driven by electric motors, such as electric cars and electric machineries. The Europe electric motor market is segmented based on the type of electric motors, output power, applications where the electric motors are used, and country. Based on the motor type, the market is categorized into AC motors, DC motors, and hermetic motors.
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Electric motor-enabled equipment works on the principal that electrical energy is converted into mechanical energy or kinetic energy. These motors find application in industrial fans, compressors, pumps, lathe machines, machine tools, domestic appliances, heating ventilating and air conditioning applications, disk drives, power tools, electric cars, and automated robots. Electric motors are also known as premium efficiency motors that offer several benefits over conventional electric motors, such as longer operating life, low energy consumption, low maintenance cost, and high tolerance for fluctuating voltages. Comparatively, the price of electric motors is higher compared to conventional electric motors. But low energy consumption is one of the major factors responsible for the wide-spread adoption of electric motors in the region.
Major factors that are expected to drive the electric motor market are the introduction of various environment-friendly plans and initiatives by governments of various countries in the European region, and increasing awareness amongst the populace regarding the adoption of green products to limit and minimize the carbon footprints.
Europe has been one of the prominent regions in the adoption of electric vehicles, led by the high environmental awareness among the consumers and the supportive government legislations. The growing demand of electric cars in the region has in turn created growth opportunities for key players offering electric motors as these cars are equipped with electric motors. Prominent players offering electric cars are focused towards introducing advanced and affordable electric cars in Europe in the near future. For instance, in early 2016, General Motors, a global automotive company, announced a plan to launch electric cars, namely, the Opel Ampera-e in Europe by 2017.
KEY BENEFITS:
The report provides an overview of the Europe market, with special reference to the market trends, market structure, driving factors, challenges in the industry, scope, and opportunities in the electric motor market.
Porters Five Forces model is used to analyze the potency of buyers & suppliers, and the competitive structure of the market which is likely to enable market players to develop effective strategies.
The segmental study of this market provides an in-depth analysis of the type of motors, latest technologies, their applications, and end users of the motors in various countries.
The current trends and future estimations on the Europe electric motor market enhance the overall potential of the market.
Drivers & opportunities are examined to identify the current factors, which are responsible for the market growth, and upcoming technologies that are likely to help the market to grow in the future.
Value chain analysis provides a systematic study of the key intermediaries involved, which would in turn help the stakeholders to formulate appropriate strategies.
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KEY PLAYERS
Ametek Inc.
Siemens AG
Baldor Electric
Allied Motion Technologies Inc.
ARC Systems Inc.
Asmo Co. Ltd
Brook Crompton UK Limited
Franklin Electric Co. Inc.
Rockwell Automation Inc.
Johnson Electric Holdings Ltd.
EUROPE ELECTRIC MOTOR MARKET KEY SEGMENTS:
The market is segmented on the basis of type, output power, application, and country.
BY TYPE
Alternating Current (AC) Motors
Synchronous AC Motor
Induction AC Motor
Direct Current (DC) Motors
Brushed DC Motor
Brushless DC Motor
Hermetic Motors
BY OUTPUT POWER
Integral Horsepower (IHP) Output
Fractional Horsepower (FHP) Output
BY APPLICATION
Industrial Machinery
Motor Vehicles
Heating Ventilating and Cooling (HVAC) Equipment
Aerospace & Transportation
Household Appliances
Other Commercial Applications
BY COUNTRY
U.K.
Germany
France
Italy
Spain
Rest of Europe (RoE)
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Table of Contents:
- Introduction and Scope
- Definition and Forecast Parameters
- Methodology and Forecast Parameters
- Information Sources
- Latest Trends Summary
- Regional Trends
- Product Trends
- End-Use Trends
- Business Trends
- Industry Insights
- Industry Fragmentation
- Industry Landscape
- Vendor Matrix
- Technological and Innovative Landscape
- Market by Region
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East and Africa
- Company Profiles
- Company Overview
- Financial Elements
- Product Landscape
- SWOT Analysis
- Systematic Outlook
What Are the Key Data Covered in This Market Report?
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- This data may be presented in terms of revenue, market share, or other relevant metrics.
- The report may include data on the segmentation of the market based on various factors such as product type, application, end-user industry, and geography.
- This data helps to understand the market dynamics within different segments
- The report may highlight key trends and drivers that are shaping the market. This can include technological advancements, regulatory changes, consumer behavior, and industry developments.
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- Data on these challenges and opportunities can inform business decisions and strategies.
- The report may provide data on the market performance and trends in different regions or countries. This can include data on market size, growth rate, and key players in each region.
- Regional data helps to understand market dynamics at a local level.
- The report may include data on consumer behavior, preferences, and buying patterns related to patient engagement solutions.
- This data can provide insights into customer needs and expectations, helping businesses tailor their offerings accordingly.
- The report may provide forecasts for the future of the market based on historical data, market trends, and other factors.
- This data helps stakeholders understand the potential growth and opportunities in the market.
Questions & Answers Market Research/Analysis Report Contains to your following:
- What is the current size of the market and how is it expected to grow in the future?
- What are the key drivers influencing market growth?
- What are the major challenges or constraints faced by market participants?
- What are the emerging trends and opportunities in the market?
- Who are the major competitors in the market and what is their market share?
- What are the key customer segments and their preferences within the market?
- What are the regional or geographic trends and variations within the market?
- What are the regulatory and legal factors impacting the market?
- What are the technological advancements or innovations shaping the market?
- What are the pricing trends and strategies observed in the market?
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