The global electric machinery market is expected to grow at a CAGR of 4.5% during the forecast period, from 2021 to 2030. The market is driven by factors such as increasing demand for electric machinery in various industries and rising adoption of electric machinery in developing countries.
The global direct current machine segment accounted for the largest share of the global electric machinery market in 2018, followed by alternating current dynamo segment. The direct current machine segment is expected to maintain its dominance throughout the forecast period due to its wide range of applications across various industries such as automotive, aerospace & defense, and industrial automation among others.
Servo motors accounted for the largest share of the global electric machinery market in 2018, followed by stepping motors and torque motors segments respectively. Servo motors are used extensively across various industries such as automotive, aerospace & defense, industrial automation among others due to their high accuracy and precision levels which are required for precise positioning tasks like assembly line manufacturing or robotic welding processes among others.
Some Of The Growth Factors Of This Market:
- The increasing demand for electric machinery in the global market is a major factor driving the growth of this market.
- The increasing use of electric machinery in various industries such as automotive, construction, and manufacturing is also a major factor driving the growth of this market.
- The growing need for energy efficient machines is another factor that will drive the growth of this market.
- Increasing investments by governments and private companies in research and development activities related to electric machinery are also factors that will drive the growth of this market.
- Increasing awareness about environmental issues among consumers is another factor that will drive the growth of this market.
Industry Growth Insights published a new data on “Electric Machinery Market”. The research report is titled “Electric Machinery Market research by Types (Direct Current Machine, Alternating Current Dynamo), By Applications (Servo Motor, Stepping Motor, Torque Motor, Switched Reluctance Motor, Brushless DC Motor, DC Motor, Induction Motor, Synchronous Motor), By Players/Companies WEG SA, SEC Electric Machinery, General Electric, Siemens AG, Robert Bosch Gmbh, Toshiba, ABB, Baldor Electric, Allied Motion Technologies, ARC Systems, Asmo, Brook Crompton, Franklin Electric, Rockwell Automation, Johnson Electric”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Electric Machinery Market Research Report
By Type
Direct Current Machine, Alternating Current Dynamo
By Application
Servo Motor, Stepping Motor, Torque Motor, Switched Reluctance Motor, Brushless DC Motor, DC Motor, Induction Motor, Synchronous Motor
By Companies
WEG SA, SEC Electric Machinery, General Electric, Siemens AG, Robert Bosch Gmbh, Toshiba, ABB, Baldor Electric, Allied Motion Technologies, ARC Systems, Asmo, Brook Crompton, Franklin Electric, Rockwell Automation, Johnson Electric
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
241
Number of Tables & Figures
169
Customization Available
Yes, the report can be customized as per your need.
Global Electric Machinery Market Report Segments:
The global Electric Machinery market is segmented on the basis of:
Types
Direct Current Machine, Alternating Current Dynamo
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Servo Motor, Stepping Motor, Torque Motor, Switched Reluctance Motor, Brushless DC Motor, DC Motor, Induction Motor, Synchronous Motor
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- WEG SA
- SEC Electric Machinery
- General Electric
- Siemens AG
- Robert Bosch Gmbh
- Toshiba
- ABB
- Baldor Electric
- Allied Motion Technologies
- ARC Systems
- Asmo
- Brook Crompton
- Franklin Electric
- Rockwell Automation
- Johnson Electric
Highlights of The Electric Machinery Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Direct Current Machine
- Alternating Current Dynamo
- By Application:
- Servo Motor
- Stepping Motor
- Torque Motor
- Switched Reluctance Motor
- Brushless DC Motor
- DC Motor
- Induction Motor
- Synchronous Motor
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Electric Machinery Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Electric machinery is a type of equipment that uses electricity to power its operations. This can include machines used in manufacturing, transportation, and other areas.
Some of the major players in the electric machinery market are WEG SA, SEC Electric Machinery, General Electric, Siemens AG, Robert Bosch Gmbh, Toshiba, ABB, Baldor Electric, Allied Motion Technologies, ARC Systems, Asmo, Brook Crompton, Franklin Electric, Rockwell Automation, Johnson Electric.
The electric machinery market is expected to grow at a compound annual growth rate of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Electric Machinery Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Electric Machinery Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Electric Machinery Market - Supply Chain
4.5. Global Electric Machinery Market Forecast
4.5.1. Electric Machinery Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Electric Machinery Market Size (000 Units) and Y-o-Y Growth
4.5.3. Electric Machinery Market Absolute $ Opportunity
5. Global Electric Machinery Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Electric Machinery Market Size and Volume Forecast by Type
5.3.1. Direct Current Machine
5.3.2. Alternating Current Dynamo
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Electric Machinery Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Electric Machinery Market Size and Volume Forecast by Application
6.3.1. Servo Motor
6.3.2. Stepping Motor
6.3.3. Torque Motor
6.3.4. Switched Reluctance Motor
6.3.5. Brushless DC Motor
6.3.6. DC Motor
6.3.7. Induction Motor
6.3.8. Synchronous Motor
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Electric Machinery Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Electric Machinery Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Electric Machinery Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Electric Machinery Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Electric Machinery Demand Share Forecast, 2019-2026
9. North America Electric Machinery Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Electric Machinery Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Electric Machinery Market Size and Volume Forecast by Application
9.4.1. Servo Motor
9.4.2. Stepping Motor
9.4.3. Torque Motor
9.4.4. Switched Reluctance Motor
9.4.5. Brushless DC Motor
9.4.6. DC Motor
9.4.7. Induction Motor
9.4.8. Synchronous Motor
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Electric Machinery Market Size and Volume Forecast by Type
9.7.1. Direct Current Machine
9.7.2. Alternating Current Dynamo
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Electric Machinery Demand Share Forecast, 2019-2026
10. Latin America Electric Machinery Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Electric Machinery Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Electric Machinery Market Size and Volume Forecast by Application
10.4.1. Servo Motor
10.4.2. Stepping Motor
10.4.3. Torque Motor
10.4.4. Switched Reluctance Motor
10.4.5. Brushless DC Motor
10.4.6. DC Motor
10.4.7. Induction Motor
10.4.8. Synchronous Motor
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Electric Machinery Market Size and Volume Forecast by Type
10.7.1. Direct Current Machine
10.7.2. Alternating Current Dynamo
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Electric Machinery Demand Share Forecast, 2019-2026
11. Europe Electric Machinery Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Electric Machinery Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Electric Machinery Market Size and Volume Forecast by Application
11.4.1. Servo Motor
11.4.2. Stepping Motor
11.4.3. Torque Motor
11.4.4. Switched Reluctance Motor
11.4.5. Brushless DC Motor
11.4.6. DC Motor
11.4.7. Induction Motor
11.4.8. Synchronous Motor
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Electric Machinery Market Size and Volume Forecast by Type
11.7.1. Direct Current Machine
11.7.2. Alternating Current Dynamo
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Electric Machinery Demand Share, 2019-2026
12. Asia Pacific Electric Machinery Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Electric Machinery Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Electric Machinery Market Size and Volume Forecast by Application
12.4.1. Servo Motor
12.4.2. Stepping Motor
12.4.3. Torque Motor
12.4.4. Switched Reluctance Motor
12.4.5. Brushless DC Motor
12.4.6. DC Motor
12.4.7. Induction Motor
12.4.8. Synchronous Motor
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Electric Machinery Market Size and Volume Forecast by Type
12.7.1. Direct Current Machine
12.7.2. Alternating Current Dynamo
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Electric Machinery Demand Share, 2019-2026
13. Middle East & Africa Electric Machinery Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Electric Machinery Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Electric Machinery Market Size and Volume Forecast by Application
13.4.1. Servo Motor
13.4.2. Stepping Motor
13.4.3. Torque Motor
13.4.4. Switched Reluctance Motor
13.4.5. Brushless DC Motor
13.4.6. DC Motor
13.4.7. Induction Motor
13.4.8. Synchronous Motor
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Electric Machinery Market Size and Volume Forecast by Type
13.7.1. Direct Current Machine
13.7.2. Alternating Current Dynamo
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Electric Machinery Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Electric Machinery Market: Market Share Analysis
14.2. Electric Machinery Distributors and Customers
14.3. Electric Machinery Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. WEG SA
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. SEC Electric Machinery
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. General Electric
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Siemens AG
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Robert Bosch Gmbh
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Toshiba
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. ABB
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Baldor Electric
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Allied Motion Technologies
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. ARC Systems
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Asmo
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Brook Crompton
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Franklin Electric
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Rockwell Automation
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Johnson Electric
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
