Market Overview:
The global electric motor accessories market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for electric vehicles and rising awareness about energy efficiency across the globe. Based on type, the global electric motor accessories market is segmented into stator core, stator winding, machine base, rotor core, rotor winding, end cap, bearing and fan. The stator core segment is expected to hold the largest share of the global electric motor accessories market in 2018 owing to its high demand in water pumps and machine tools applications. By application, the water pump segment is projected to account for a major share of the global electric motor accessories market during 2018-2030 owing to its growing demand from residential and commercial sectors across regions.
Product Definition:
Electric Motor Accessories are the parts of electric motor that helps in proper functioning of electric motor. It includes brushes, bearings, end bells etc. These accessories helps in smooth running of electric motor and keeps it in good condition.
Stator Core:
Stator core is the inner part of electric motor which consists of stationary magnetic field. It's used in various applications such as brushless DC motors, permanent magnet DC motors and AC induction motors. Stator core has high power density and low weight compared to rotor which makes it an important component in electric motor system.
Increasing demand for small size, light weight and inexpensive products are expected to drive the global stator core market over the forecast period.
Stator Winding:
Stator winding is a type of electric motor windings which are wound around a rotating magnetic field. It is used in various electric motor accessories such as speed controllers, brushes, commutators and brushes holders. The advantages of using stator windings are that they can handle high power without overheating and provide good torque at low speeds.
Application Insights:
The electric motor accessories market is segmented by application into water pump, machine tool, medical equipment, other and others. The machine tool segment held the largest share in 2017 owing to the high demand for industrial machinery across various end-use industries such as construction and mining. Electric motors provide a cost-effective solution compared to steam engines in several applications including material handling, packaging, palletizing and transportation of materials on shelves or racks. This factor is expected to drive the demand for electric motor accessories over the forecast period.
The global expansion of manufacturing facilities has led to an increased need for efficient power tools that consume minimal energy without compromising on performance or quality attributes required by customers worldwide. Electric motors provide a cost-effective solution compared with their counterparts such as hydraulic machines when it comes to several applications including material handling; packaging; palletizing & transportation of materials on shelves or racks; drilling & milling operations; etc., which are likely drive growth over the forecast period globally.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing demand for electric motor accessories from developing countries such as China, India, and Japan. Moreover, rising industrialization coupled with growing awareness regarding energy conservation will drive regional growth further.
The European market is anticipated to witness significant growth over the forecast period owing to stringent government regulations regarding carbon emission in countries like Germany and Italy that are major consumers of electric motor accessories products. In addition, rapid technological advancements coupled with high disposable income will drive regional product demand further.
In North America, machine tool application segment accounted for a major share in terms of revenue due to high production volume along with steady requirement from various end-use industries such as metal cutting machines tools & woodworking machinery etc.
Growth Factors:
- Increasing demand for electric vehicles
- Growing popularity of electric motorcycles and scooters
- Rising demand from the industrial sector
- Proliferation of Internet of Things (IoT) and connected devices
- Development of next-generation technologies
Scope Of The Report
Report Attributes
Report Details
Report Title
Electric Motor Accessories Market Research Report
By Type
Stator Core, Stator Winding, Machine Base, Rotor Core, Rotor Winding, End Cap, Bearing, Fan
By Application
Water Pump, Machine Tool, Medical Equipment, Other
By Companies
Siemens, Brook Crompton, Regal Beloit, TMEIC, Nidec Corp, Yaskawa, Lenze, WEG, Sicme Motori, T-T Electric, ESR Pollmeier, H2W Technologies
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
197
Number of Tables & Figures
138
Customization Available
Yes, the report can be customized as per your need.
Global Electric Motor Accessories Market Report Segments:
The global Electric Motor Accessories market is segmented on the basis of:
Types
Stator Core, Stator Winding, Machine Base, Rotor Core, Rotor Winding, End Cap, Bearing, Fan
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
Water Pump, Machine Tool, Medical Equipment, Other
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:
- Siemens
- Brook Crompton
- Regal Beloit
- TMEIC
- Nidec Corp
- Yaskawa
- Lenze
- WEG
- Sicme Motori
- T-T Electric
- ESR Pollmeier
- H2W Technologies
Highlights of The Electric Motor Accessories 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:
- Stator Core
- Stator Winding
- Machine Base
- Rotor Core
- Rotor Winding
- End Cap
- Bearing
- Fan
- By Application:
- Water Pump
- Machine Tool
- Medical Equipment
- Other
- 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 Motor Accessories 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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 motor accessories are items that help keep your electric motor running smoothly. These can include things like brushes, belts, and pulleys.
Some of the major companies in the electric motor accessories market are Siemens, Brook Crompton, Regal Beloit, TMEIC, Nidec Corp, Yaskawa, Lenze, WEG, Sicme Motori, T-T Electric, ESR Pollmeier, H2W Technologies.
The electric motor accessories market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Electric Motor Accessories Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Electric Motor Accessories Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Electric Motor Accessories Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Electric Motor Accessories Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Electric Motor Accessories Market Size & Forecast, 2018-2028
4.5.1 Electric Motor Accessories Market Size and Y-o-Y Growth
4.5.2 Electric Motor Accessories Market Absolute $ Opportunity
Chapter 5 Global Electric Motor Accessories Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Electric Motor Accessories Market Size Forecast by Type
5.2.1 Stator Core
5.2.2 Stator Winding
5.2.3 Machine Base
5.2.4 Rotor Core
5.2.5 Rotor Winding
5.2.6 End Cap
5.2.7 Bearing
5.2.8 Fan
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Electric Motor Accessories Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Electric Motor Accessories Market Size Forecast by Applications
6.2.1 Water Pump
6.2.2 Machine Tool
6.2.3 Medical Equipment
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Electric Motor Accessories Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Electric Motor Accessories Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Electric Motor Accessories Analysis and Forecast
9.1 Introduction
9.2 North America Electric Motor Accessories Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Electric Motor Accessories Market Size Forecast by Type
9.6.1 Stator Core
9.6.2 Stator Winding
9.6.3 Machine Base
9.6.4 Rotor Core
9.6.5 Rotor Winding
9.6.6 End Cap
9.6.7 Bearing
9.6.8 Fan
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Electric Motor Accessories Market Size Forecast by Applications
9.10.1 Water Pump
9.10.2 Machine Tool
9.10.3 Medical Equipment
9.10.4 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Electric Motor Accessories Analysis and Forecast
10.1 Introduction
10.2 Europe Electric Motor Accessories Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Electric Motor Accessories Market Size Forecast by Type
10.6.1 Stator Core
10.6.2 Stator Winding
10.6.3 Machine Base
10.6.4 Rotor Core
10.6.5 Rotor Winding
10.6.6 End Cap
10.6.7 Bearing
10.6.8 Fan
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Electric Motor Accessories Market Size Forecast by Applications
10.10.1 Water Pump
10.10.2 Machine Tool
10.10.3 Medical Equipment
10.10.4 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Electric Motor Accessories Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Electric Motor Accessories Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Electric Motor Accessories Market Size Forecast by Type
11.6.1 Stator Core
11.6.2 Stator Winding
11.6.3 Machine Base
11.6.4 Rotor Core
11.6.5 Rotor Winding
11.6.6 End Cap
11.6.7 Bearing
11.6.8 Fan
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Electric Motor Accessories Market Size Forecast by Applications
11.10.1 Water Pump
11.10.2 Machine Tool
11.10.3 Medical Equipment
11.10.4 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Electric Motor Accessories Analysis and Forecast
12.1 Introduction
12.2 Latin America Electric Motor Accessories Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Electric Motor Accessories Market Size Forecast by Type
12.6.1 Stator Core
12.6.2 Stator Winding
12.6.3 Machine Base
12.6.4 Rotor Core
12.6.5 Rotor Winding
12.6.6 End Cap
12.6.7 Bearing
12.6.8 Fan
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Electric Motor Accessories Market Size Forecast by Applications
12.10.1 Water Pump
12.10.2 Machine Tool
12.10.3 Medical Equipment
12.10.4 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Electric Motor Accessories Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Electric Motor Accessories Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Electric Motor Accessories Market Size Forecast by Type
13.6.1 Stator Core
13.6.2 Stator Winding
13.6.3 Machine Base
13.6.4 Rotor Core
13.6.5 Rotor Winding
13.6.6 End Cap
13.6.7 Bearing
13.6.8 Fan
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Electric Motor Accessories Market Size Forecast by Applications
13.10.1 Water Pump
13.10.2 Machine Tool
13.10.3 Medical Equipment
13.10.4 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Electric Motor Accessories Market: Competitive Dashboard
14.2 Global Electric Motor Accessories Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Siemens
14.3.2 Brook Crompton
14.3.3 Regal Beloit
14.3.4 TMEIC
14.3.5 Nidec Corp
14.3.6 Yaskawa
14.3.7 Lenze
14.3.8 WEG
14.3.9 Sicme Motori
14.3.10 T-T Electric
14.3.11 ESR Pollmeier
14.3.12 H2W Technologies
