Electric Motors Market Size, Growth, Trends and Research Analysis by TBRCPosted by ramacharitbrc on March 8th, 2022 Electric Motors Global Market Report 2022 by The Business Research Company is the most comprehensive report available on the market, being wide-ranging both in terms of chronology and geography. It covers the historic period – 2016-2021, and the forecast period – 2022-2026, with additional forecasts for 2026-2031. The report helps gain a truly global perspective as it covers 60 geographies, focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. TBRC’s market report includes a chapter on the COVID-19 impact on the electric motors industry, which gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market and how companies can strategize to bounce back from it. With updated market numbers according to the effects of the coronavirus, the report provides the most accurate expected electric motors market growth numbers from 2022-2031.
The global electric motors market is expected to grow from .86 billion in 2021 to .82 billion in 2022 at a compound annual growth rate (CAGR) of 2.1%. The growth in the market is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The electric motor manufacturing market is expected to reach .85 billion in 2026 at a CAGR of 0.01%. View more on the report: https://www.thebusinessresearchcompany.com/report/electric-motors-global-market-report The Electric Motors Global Market Report 2022-31 by The Business Research Company evaluates electric motors market size, growth rate, drivers, electric motors industry trends, and major companies. The electric motors market segments in the report are: 1) By Type: Alternate Current (AC) Motor, Direct Current (DC) Motor, Hermetic Motor 2) By Output Power: Integral Horsepower (IHP), Fractional Horsepower (FHP) 3) By Voltage Range: 9 V and Below, 10-20 V, 21-60 V, 60 V and Above 4) By Application: Industrial Machinery, Motor Vehicle, HVAC Equipment, Aerospace and Transportation, Household Appliances, Other Commercial Applications 5) By Speed: Low-Speed (less than 1,000 rpm), Medium-Speed (1,001 to 25,000 rpm), High-Speed (25,001 to 75,000 rpm), Ultra-High Speed (greater than 75,001 rpm) The table of contents in TBRC’s electric motors market report includes: 1. Executive Summary
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