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The electric alternating current (AC) motors market is forecasted to grow by USD 34.93 billion during 2023-2028, accelerating at a CAGR of 6.04% during the forecast period. The report on the electric alternating current (AC) motors market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising factory automation and use of industrial robots, increasing demand for synchronous motors for energy efficiency, and increased interest in electric vehicles.
The electric alternating current (AC) motors market is segmented as below:
By Type
- Induction
- Synchronous
By Power Output
- Integral
- Fractional
By Geography
- APAC
- Europe
- North America
- South America
- Middle East and Africa
The report on the electric alternating current (AC) motors market covers the following areas:
- Electric alternating current (AC) motors market sizing
- Electric alternating current (AC) motors market forecast
- Electric alternating current (AC) motors market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Type
7 Market Segmentation by Power Output
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global electric alternating current (AC) motors market: ABB Ltd., Addison Electric Inc., Allied Motion Technologies Inc., Arc Systems Inc., BDI, Emerson Electric Co., General Electric Co., Hitachi Ltd., Johnson Electric Holdings Ltd., Kirloskar Electric Co. Ltd., Lenze SE, Lunar Motors Pvt. Ltd., Nidec Corp., Regal Rexnord Corp., Rockwell Automation Inc., SAS TT Electric, Schneider Electric SE, Siemens AG, TAMAGAWA SEIKI Co. Ltd., and Toshiba Corp..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is increasing focus on using energy-efficient motors."
According to the report, one of the major drivers for this market is the rising factory automation and use of industrial robots.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- ABB Ltd.
- Addison Electric Inc.
- Allied Motion Technologies Inc.
- Arc Systems Inc.
- BDI
- Emerson Electric Co.
- General Electric Co.
- Hitachi Ltd.
- Johnson Electric Holdings Ltd.
- Kirloskar Electric Co. Ltd.
- Lenze SE
- Lunar Motors Pvt. Ltd.
- Nidec Corp.
- Regal Rexnord Corp.
- Rockwell Automation Inc.
- SAS TT Electric
- Schneider Electric SE
- Siemens AG
- TAMAGAWA SEIKI Co. Ltd.
- Toshiba Corp.