Global energy efficient motor market is expected to reach approximately USD 46.71 billion by 2025, at a CAGR of slightly above 6.46% between 2019 and 2025. The rising cost of electricity is a major problem worldwide. The depletion of energy is the key to good profit margins from business in today’s aggressive world.
Energy Efficient Motor Market
The report covers a forecast and an analysis of the Energy Efficient Motor Market on a global and regional level. The study provides historical data for 2016, 2017, and 2018 along with a forecast from 2019 to 2025 based on revenue (USD Billion). The study includes drivers and restraints of the energy efficient motor market along with their impact on the demand over the forecast time period. Additionally, the report includes the study of opportunities available in the energy efficient motor market on a global level.
In order to give the users of this report a comprehensive view of the energy efficient motor market, we have included a detailed competitive scenario and product portfolio of the key vendors. To understand the competitive landscape in the market, an analysis of Porter’s Five Forces Model for the energy efficient motor market has also been included. The study encompasses a market attractiveness analysis, wherein all the segments are benchmarked based on their market size, growth rate, and general attractiveness.
The global energy efficient motor market is segmented based on efficiency Level, motor type, application, vertical, and region. The regional segment includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa with further classification of the U.S., Canada, Mexico, UK, France, Germany, Italy, Spain, China, Japan, India, Australia, South Korea, Brazil, Argentina, UAE, Saudi Arabia, and South Africa.
Major players in the global energy efficient motor market are Bosch Rexroth, Microchip Technology, Johnson Controls, ABB, Regal Beloit Corporation, General Electric, Honeywell International, Baldor Electric, Siemens, Emerson Electric, Kirloskar Electric, Magnetek, Crompton Greaves, Marathon Electric, and Schneider Electric.
This report segments the global energy efficient motor market into: