Energy Efficient Motor Market By Efficiency Level (IE1, IE2, IE3, and IE4), By Motor Type (AC and DC), By Application (HVAC, Fans, Pumps, Compressors, Refrigeration, Material Handling, and Material Processing), and By Vertical (Industrial, Commercial Building, Residential, Automotive, Aerospace & Defense, Agriculture, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025

Description

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 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 of 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:

Global Energy Efficient Motor Market: Efficiency Level Analysis

• IE1
• IE2
• IE3
• IE4

Global Energy Efficient Motor Market: Motor Type Analysis

• AC
• DC

Global Energy Efficient Motor Market: Application Analysis

• HVAC
• Fans
• Pumps
• Compressors
• Refrigeration
• Material Handling
• Material Processing

Global Energy Efficient Motor Market: Vertical Analysis

• Industrial
• Commercial Building
• Residential
• Automotive
• Aerospace and Defense
• Agriculture
• Others

Global Energy Efficient Motor Market: Regional Analysis

• North America
  • The U.S.
• Europe
  • UK
  • France
  • Germany
• Asia Pacific
  • China
  • Japan
  • India
• Latin America
  • Brazil
• Middle East and Africa

Table Of Content

• Chapter 1. Introduction
  • 1.1. Report Description and Scope
  • 1.2. Research Scope
  • 1.3. Research Methodology
    • 1.3.1. Market Research Process
    • 1.3.2. Market Research Methodology
•  
• Chapter 2. Executive Summary
  • 2.1. Global Energy Efficient Motor Market, 2016-2025 (USD Billion)
  • 2.2. Global Energy Efficient Motor Market: Snapshot
•  
• Chapter 3. Energy Efficient Motor Market - Industry Dynamics
  • 3.1. Introduction
  • 3.2. Market Drivers
    • 3.2.1. The rising cost of electricity
  • 3.3. Market Restraints
    • 3.3.1. High Operating Costs
  • 3.4. Opportunities
    • 3.4.1. Product implementation for reducing electricity consumption and carbon dioxide (CO2) emissions
  • 3.5. Porter's Five Forces Analysis
  • 3.6. Market Attractiveness Analysis
    • 3.6.1. Market Attractiveness Analysis, by Efficiency Level
    • 3.6.2. Market Attractiveness Analysis, by Motor Type
    • 3.6.3. Market Attractiveness Analysis, by Application
    • 3.6.4. Market Attractiveness Analysis, by Vertical
    • 3.6.5. Market Attractiveness Analysis, by Region
•  
• Chapter 4. Global Energy Efficient Motor Market - Competitive Landscape
  • 4.1. Company Market Share Analysis (Subject to Data Availability)
    • 4.1.1. Global Energy Efficient Motor Market: Company Market Share, 2018
  • 4.2. Strategic Development
    • 4.2.1. Acquisitions & Mergers
    • 4.2.2. New Product Launch
    • 4.2.3. Agreements, Partnerships, Collaborations, and Joint Ventures
    • 4.2.4. Research and Development and Regional Expansion
•  
• Chapter 5. Global Energy Efficient Motor Market - Efficiency Level Analysis
  • 5.1. Global Energy Efficient Motor Market: Efficiency Level Overview
    • 5.1.1. Global Energy Efficient Motor Market Revenue Share, by Efficiency Level, 2018 and 2025
  • 5.2. IE1
    • 5.2.1. Global Energy Efficient Motor Market, by IE1, 2016-2025 (USD Billion)
  • 5.3. IE2
    • 5.3.1. Global Energy Efficient Motor Market by IE2, 2016-2025 (USD Billion)
  • 5.4. IE3
    • 5.4.1. Global Energy Efficient Motor Market by IE3, 2016-2025 (USD Billion)
  • 5.5. IE4
    • 5.5.1. Global Energy Efficient Motor Market by IE3, 2016-2025 (USD Billion)
•  
• Chapter 6. Global Energy Efficient Motor Market - Motor Type Analysis
  • 6.1. Global Energy Efficient Motor Market: Vertical Overview
    • 6.1.1. Global Energy Efficient Motor Market Revenue Share, by Motor Type, 2018 and 2025
  • 6.2. AC
    • 6.2.1. Global Energy Efficient Motor Market for AC, 2016-2025 (USD Billion)
  • 6.3. DC
    • 6.3.1. Global Energy Efficient Motor Market for DC, 2016-2025 (USD Billion)
•  
• Chapter 7. Global Energy Efficient Motor Market - Vertical Analysis
  • 7.1. Global Energy Efficient Motor Market: Vertical Overview
    • 7.1.1. Global Energy Efficient Motor Market Revenue Share, by Vertical, 2018 and 2025
  • 7.2. Industrial
    • 7.2.1. Global Energy Efficient Motor Market for Industrial, 2016-2025 (USD Billion)
  • 7.3. Commercial Building
    • 7.3.1. Global Energy Efficient Motor Market for Commercial building, 2016-2025 (USD Billion)
  • 7.4. Residential
    • 7.4.1. Global Energy Efficient Motor Market for Residential, 2016-2025 (USD Billion)
  • 7.5. Automotive
    • 7.5.1. Global Energy Efficient Motor Market for Automotive, 2016-2025 (USD Billion)
  • 7.6. Aerospace & Defense
    • 7.6.1. Global Energy Efficient Motor Market for Aerospace & Defense, 2016-2025 (USD Billion)
  • 7.7. Agricultural
    • 7.7.1. Global Energy Efficient Motor Market for Agricultural, 2016-2025 (USD Billion)
  • 7.8. Others
    • 7.8.1. Global Energy Efficient Motor Market for Others, 2016-2025 (USD Billion)
•  
• Chapter 8. Global Energy Efficient Motor Market - Application Analysis
  • 8.1. Global Energy Efficient Motor Market: Application Overview
    • 8.1.1. Global Energy Efficient Motor Market Revenue Share, by Application, 2018 and 2025
  • 8.2. HVAC
    • 8.2.1. Global Energy Efficient Motor Market for HVAC, 2016-2025 (USD Billion)
  • 8.3. Fans
    • 8.3.1. Global Energy Efficient Motor Market for Fans, 2016-2025 (USD Billion)
  • 8.4. Pumps
    • 8.4.1. Global Energy Efficient Motor Market for Pumps, 2016-2025 (USD Billion)
  • 8.5. Compressors
    • 8.5.1. Global Energy Efficient Motor Market for Compressors, 2016-2025 (USD Billion)
  • 8.6. Refrigeration
    • 8.6.1. Global Energy Efficient Motor Market for Refrigeration, 2016-2025 (USD Billion)
  • 8.7. Material Handling
    • 8.7.1. Global Energy Efficient Motor Market for Material Handling, 2016-2025 (USD Billion)
  • 8.8. Material Processing
    • 8.8.1. Global Energy Efficient Motor Market for Material Processing, 2016-2025 (USD Billion)
•  
• Chapter 9. Global Energy Efficient Motor Market - Regional Analysis
  • 9.1. Global Energy Efficient Motor Market: Regional Overview
    • 9.1.1. Global Energy Efficient Motor Market Revenue Share, by Region, 2018 and 2025
  • 9.2. North America
    • 9.2.1. North America Energy Efficient Motor Market, 2016-2025 (USD Billion)
    • 9.2.2. North America Energy Efficient Motor Market Revenue, by Efficiency Level, 2016-2025 (USD Billion)
    • 9.2.3. North America Energy Efficient Motor Market Revenue, by Type, 2016-2025 (USD Billion)
    • 9.2.4. North America Energy Efficient Motor Market Revenue, by Application, 2016-2025 (USD Billion)
    • 9.2.5. North America Energy Efficient Motor Market Revenue, by Vertical, 2016-2025 (USD Billion)
    • 9.2.6. The U.S.
      • 9.2.6.1. The U.S. Energy Efficient Motor Market Revenue, by Efficiency Level, 2016-2025 (USD Billion)
      • 9.2.6.2. The U.S. Energy Efficient Motor Market Revenue, by Type, 2016-2025 (USD Billion)
      • 9.2.6.3. The U.S. Energy Efficient Motor Market Revenue, by Application, 2016-2025 (USD Billion)
      • 9.2.6.4. The U.S. Energy Efficient Motor Market Revenue, by Vertical, 2016-2025 (USD Billion)
    • 9.2.7. Canada
      • 9.2.7.1. Canada Energy Efficient Motor Market Revenue, by Efficiency Level, 2016-2025 (USD Billion)
      • 9.2.7.2. Canada Energy Efficient Motor Market Revenue, by Type, 2016-2025 (USD Billion)
      • 9.2.7.3. Canada Energy Efficient Motor Market Revenue, by Application, 2016-2025 (USD Billion)
      • 9.2.7.4. Canada Energy Efficient Motor Market Revenue, by Vertical, 2016-2025 (USD Billion)
    • 9.2.8. Mexico
      • 9.2.8.1. Mexico Energy Efficient Motor Market Revenue, by Efficiency Level, 2016-2025 (USD Billion)
      • 9.2.8.2. Mexico Energy Efficient Motor Market Revenue, by Type, 2016-2025 (USD Billion)
      • 9.2.8.3. Mexico Energy Efficient Motor Market Revenue, by Application, 2016-2025 (USD Billion)
      • 9.2.8.4. Mexico Energy Efficient Motor Market Revenue, by Vertical, 2016-2025 (USD Billion)
  • 9.3. Europe
    • 9.3.1. Europe Energy Efficient Motor Market, 2016-2025 (USD Billion)
    • 9.3.2. Europe Energy Efficient Motor Market Revenue, by Efficiency Level, 2016-2025 (USD Billion)
    • 9.3.3. Europe Energy Efficient Motor Market Revenue, by Type, 2016-2025 (USD Billion)
    • 9.3.4. Europe Energy Efficient Motor Market Revenue, by Application, 2016-2025 (USD Billion)
    • 9.3.5. Europe Energy Efficient Motor Market Revenue, by Vertical, 2016-2025 (USD Billion)
    • 9.3.6. UK
      • 9.3.6.1. UK Energy Efficient Motor Market Revenue, by Efficiency Level, 2016-2025 (USD Billion)
      • 9.3.6.2. UK Energy Efficient Motor Market Revenue, by Type, 2016-2025 (USD Billion)
      • 9.3.6.3. UK Energy Efficient Motor Market Revenue, by Application, 2016-2025 (USD Billion)
      • 9.3.6.4. UK Energy Efficient Motor Market Revenue, by Vertical, 2016-2025 (USD Billion)
    • 9.3.7. France
      • 9.3.7.1. France Energy Efficient Motor Market Revenue, by Efficiency Level, 2016-2025 (USD Billion)
      • 9.3.7.2. France Energy Efficient Motor Market Revenue, by Type, 2016-2025 (USD Billion)
      • 9.3.7.3. France Energy Efficient Motor Market Revenue, by Application, 2016-2025 (USD Billion)
      • 9.3.7.4. France Energy Efficient Motor Market Revenue, by Vertical, 2016-2025 (USD Billion)
    • 9.3.8. Germany
      • 9.3.8.1. Germany Energy Efficient Motor Market Revenue, by Efficiency Level, 2016-2025 (USD Billion)
      • 9.3.8.2. Germany Energy Efficient Motor Market Revenue, by Type, 2016-2025 (USD Billion)
      • 9.3.8.3. Germany Energy Efficient Motor Market Revenue, by Application, 2016-2025 (USD Billion)
      • 9.3.8.4. Germany Energy Efficient Motor Market Revenue, by Vertical, 2016-2025 (USD Billion) France
    • 9.3.9. Rest of Europe
      • 9.3.9.1. Rest Of Europe Energy Efficient Motor Market Revenue, by Efficiency Level, 2016-2025 (USD Billion)
      • 9.3.9.2. Rest Of Europe Energy Efficient Motor Market Revenue, by Type, 2016-2025 (USD Billion)
      • 9.3.9.3. Rest Of Europe Energy Efficient Motor Market Revenue, by Application, 2016-2025 (USD Billion)
      • 9.3.9.4. Rest Of Europe Energy Efficient Motor Market Revenue, by Vertical, 2016-2025 (USD Billion)
  • 9.4. Asia Pacific
    • 9.4.1. Asia Pacific Energy Efficient Motor Market, 2016-2025 (USD Billion)
    • 9.4.2. Asia Pacific Energy Efficient Motor Market Revenue, by Efficiency Level, 2016-2025 (USD Billion)
    • 9.4.3. Asia Pacific Energy Efficient Motor Market Revenue, by Type, 2016-2025 (USD Billion)
    • 9.4.4. Asia Pacific Energy Efficient Motor Market Revenue, by Application, 2016-2025 (USD Billion)
    • 9.4.5. Asia Pacific Energy Efficient Motor Market Revenue, by Vertical, 2016-2025 (USD Billion)
    • 9.4.6. China
      • 9.4.6.1. China Energy Efficient Motor Market Revenue, by Efficiency Level, 2016-2025 (USD Billion)
      • 9.4.6.2. China Energy Efficient Motor Market Revenue, by Type, 2016-2025 (USD Billion)
      • 9.4.6.3. China Energy Efficient Motor Market Revenue, by Application, 2016-2025 (USD Billion)
      • 9.4.6.4. China Energy Efficient Motor Market Revenue, by Vertical, 2016-2025 (USD Billion)
    • 9.4.7. Japan
      • 9.4.7.1. Japan Energy Efficient Motor Market Revenue, by Efficiency Level, 2016-2025 (USD Billion)
      • 9.4.7.2. Japan Energy Efficient Motor Market Revenue, by Type, 2016-2025 (USD Billion)
      • 9.4.7.3. Japan Energy Efficient Motor Market Revenue, by Application, 2016-2025 (USD Billion)
      • 9.4.7.4. Japan Energy Efficient Motor Market Revenue, by Vertical, 2016-2025 (USD Billion)
    • 9.4.8. India
      • 9.4.8.1. India Energy Efficient Motor Market Revenue, by Efficiency Level, 2016-2025 (USD Billion)
      • 9.4.8.2. India Energy Efficient Motor Market Revenue, by Type, 2016-2025 (USD Billion)
      • 9.4.8.3. India Energy Efficient Motor Market Revenue, by Application, 2016-2025 (USD Billion)
      • 9.4.8.4. India Energy Efficient Motor Market Revenue, by Vertical, 2016-2025 (USD Billion)
    • 9.4.9. South Korea
      • 9.4.9.1. South Korea Energy Efficient Motor Market Revenue, by Efficiency Level, 2016-2025 (USD Billion)
      • 9.4.9.2. South Korea Energy Efficient Motor Market Revenue, by Type, 2016-2025 (USD Billion)
      • 9.4.9.3. South Korea Energy Efficient Motor Market Revenue, by Application, 2016-2025 (USD Billion).
      • 9.4.9.4. South Korea Energy Efficient Motor Market Revenue, by Vertical, 2016-2025 (USD Billion)
    • 9.4.10. Rest of Asia Pacific
      • 9.4.10.1. Rest of Asia Pacific Energy Efficient Motor Market Revenue, by Efficiency Level, 2016-2025 (USD Billion)
      • 9.4.10.2. Rest of Asia Pacific Energy Efficient Motor Market Revenue, by Type, 2016-2025 (USD Billion)
      • 9.4.10.3. Rest of Asia Pacific Energy Efficient Motor Market Revenue, by Application, 2016-2025 (USD Billion)
      • 9.4.10.4. Rest of Asia Pacific Energy Efficient Motor Market Revenue, by Vertical, 2016-2025 (USD Billion)
  • 9.5. Latin America
    • 9.5.1. Latin America Energy Efficient Motor Market, 2016-2025 (USD Billion)
    • 9.5.2. Latin America Energy Efficient Motor Market Revenue, by Efficiency Level, 2016-2025 (USD Billion)
    • 9.5.3. Latin America Energy Efficient Motor Market Revenue, by Type, 2016-2025 (USD Billion)
    • 9.5.4. Latin America Energy Efficient Motor Market Revenue, by Application, 2016-2025 (USD Billion)
    • 9.5.5. Latin America Energy Efficient Motor Market Revenue, by Vertical, 2016-2025 (USD Billion)
    • 9.5.6. Brazil
      • 9.5.6.1. Brazil Energy Efficient Motor Market Revenue, by Efficiency Level, 2016-2025 (USD Billion)
      • 9.5.6.2. Brazil Energy Efficient Motor Market Revenue, by Type, 2016-2025 (USD Billion)
      • 9.5.6.3. Brazil Energy Efficient Motor Market Revenue, by Application, 2016-2025 (USD Billion)
      • 9.5.6.4. Brazil Energy Efficient Motor Market Revenue, by Vertical, 2016-2025 (USD Billion)
    • 9.5.7. Argentina
      • 9.5.7.1. Argentina Energy Efficient Motor Market Revenue, by Efficiency Level, 2016-2025 (USD Billion)
      • 9.5.7.2. Argentina Energy Efficient Motor Market Revenue, by Type, 2016-2025 (USD Billion)
      • 9.5.7.3. Argentina Energy Efficient Motor Market Revenue, by Application, 2016-2025 (USD Billion)
      • 9.5.7.4. Argentina Energy Efficient Motor Market Revenue, by Vertical, 2016-2025 (USD Billion)
    • 9.5.8. Rest of Latin America
      • 9.5.8.1. Rest of Latin America Energy Efficient Motor Market Revenue, by Efficiency Level, 2016-2025 (USD Billion)
      • 9.5.8.2. Rest of Latin America Energy Efficient Motor Market Revenue, by Type, 2016-2025 (USD Billion)
      • 9.5.8.3. Rest of Latin America Energy Efficient Motor Market Revenue, by Application, 2016-2025 (USD Billion)
      • 9.5.8.4. Rest of Latin America Energy Efficient Motor Market Revenue, by Vertical, 2016-2025 (USD Billion)
  • 9.6. The Middle East and Africa
    • 9.6.1. The Middle East and Africa Energy Efficient Motor Market, 2016-2025 (USD Billion)
    • 9.6.2. The Middle East and Africa Energy Efficient Motor Market Revenue, by Efficiency Level, 2016-2025 (USD Billion)
    • 9.6.3. The Middle East and Africa Energy Efficient Motor Market Revenue, by Type, 2016-2025 (USD Billion)
    • 9.6.4. The Middle East and Africa Energy Efficient Motor Market Revenue, by Application, 2016-2025 (USD Billion)
    • 9.6.5. The Middle East and Africa Energy Efficient Motor Market Revenue, by Vertical, 2016-2025 (USD Billion)
    • 9.6.6. GCC Countries
      • 9.6.6.1. GCC Countries Energy Efficient Motor Market Revenue, by Efficiency Level, 2016-2025 (USD Billion)
      • 9.6.6.2. GCC Countries Energy Efficient Motor Market Revenue, by Type, 2016-2025 (USD Billion)
      • 9.6.6.3. GCC Countries Energy Efficient Motor Market Revenue, by Application, 2016-2025 (USD Billion)
      • 9.6.6.4. GCC Countries Energy Efficient Motor Market Revenue, by Vertical, 2016-2025 (USD Billion)
    • 9.6.7. South Africa
      • 9.6.7.1. South Africa Energy Efficient Motor Market Revenue, by Efficiency Level, 2016-2025 (USD Billion)
      • 9.6.7.2. South Africa Energy Efficient Motor Market Revenue, by Type, 2016-2025 (USD Billion)
      • 9.6.7.3. South Africa Energy Efficient Motor Market Revenue, by Application, 2016-2025 (USD Billion)
      • 9.6.7.4. South Africa Energy Efficient Motor Market Revenue, by Vertical, 2016-2025 (USD Billion)
    • 9.6.8. Rest of MEA
      • 9.6.8.1. Rest of MEA Energy Efficient Motor Market Revenue, by Efficiency Level, 2016-2025 (USD Billion)
      • 9.6.8.2. Rest of MEA Energy Efficient Motor Market Revenue, by Type, 2016-2025 (USD Billion)
      • 9.6.8.3. Rest of MEA Energy Efficient Motor Market Revenue, by Application, 2016-2025 (USD Billion)
      • 9.6.8.4. Rest of MEA Energy Efficient Motor Market Revenue, by Vertical, 2016-2025 (USD Billion)
•  
• Chapter 10. Company Profile
  • 10.1. Bosch Rexroth
    • 10.1.1. Overview
    • 10.1.2. Financials
    • 10.1.3. Product Portfolio
    • 10.1.4. Business Strategy
    • 10.1.5. Recent development
  • 10.2. Microchip Technology
    • 10.2.1. Overview
    • 10.2.2. Financials
    • 10.2.3. Product Portfolio
    • 10.2.4. Business Strategy
    • 10.2.5. Recent Development
  • 10.3. Johnson Controls
    • 10.3.1. Overview
    • 10.3.2. Financials
    • 10.3.3. Product Portfolio
    • 10.3.4. Business Strategy
    • 10.3.5. Recent Development
  • 10.4. ABB
    • 10.4.1. Overview
    • 10.4.2. Financials
    • 10.4.3. Product Portfolio
    • 10.4.4. Business Strategy
    • 10.4.5. Recent Development
  • 10.5. Regal Beloit Corporation
    • 10.5.1. Overview
    • 10.5.2. Financial
    • 10.5.3. Product Portfolio
    • 10.5.4. Business Strategy
    • 10.5.5. Recent Development
  • 10.6. General Electric
    • 10.6.1. Overview
    • 10.6.2. Financial
    • 10.6.3. Product portfolio
    • 10.6.4. Business Strategy
    • 10.6.5. Recent Development
  • 10.7. Honeywell International
    • 10.7.1. Overview
    • 10.7.2. Financial
    • 10.7.3. Product portfolio
    • 10.7.4. Business Strategy
    • 10.7.5. Recent Development
  • 10.8. Baldor Electric
    • 10.8.1. Overview
    • 10.8.2. Financial
    • 10.8.3. Product Portfolio
    • 10.8.4. Business Strategy
    • 10.8.5. Recent Development
  • 10.9. Siemens
    • 10.9.1. Overview
    • 10.9.2. Financial
    • 10.9.3. Product Portfolio
    • 10.9.4. Business Strategy
    • 10.9.5. Recent Development
  • 10.10. Emerson Electric
    • 10.10.1. Overview
    • 10.10.2. Financial
    • 10.10.3. Product Portfolio
    • 10.10.4. Business Strategy
    • 10.10.5. Recent Development
  • 10.11. Kirloskar Electric
    • 10.11.1. Overview
    • 10.11.2. Financial
    • 10.11.3. Product Portfolio
    • 10.11.4. Business Strategy
    • 10.11.5. Recent Development
  • 10.12. Magnetek
    • 10.12.1. Overview
    • 10.12.2. Financial
    • 10.12.3. Product Portfolio
    • 10.12.4. Business Strategy
    • 10.12.5. Recent Development
  • 10.13. Crompton Greaves
    • 10.13.1. Overview
    • 10.13.2. Financial
    • 10.13.3. Product Portfolio
    • 10.13.4. Business Strategy
    • 10.13.5. Recent Development
  • 10.14. Marathon Electric
    • 10.14.1. Overview
    • 10.14.2. Financial
    • 10.14.3. Product Portfolio
    • 10.14.4. Business Strategy
    • 10.14.5. Recent Development
  • 10.15. Schneider Electric
    • 10.15.1. Overview
    • 10.15.2. Financial
    • 10.15.3. Product Portfolio
    • 10.15.4. Business Strategy
    • 10.15.5. Recent Development

Methodology

Free Analysis

Motors that use less electricity are defined as energy-efficient motors. Governments across the globe are imposing stringent regulations that strengthen efficiency services. Tax incentives are also provided by governments to corporations to help them build energy-efficient industrial plants, appropriately measure their power intake, and control energy more intelligently. Moreover, due to the cost-effectiveness of energy-efficient motors, they are more in demand. These motors also save energy and provide better performance as compared to other traditional motors. These are major factors driving the energy efficient motor market globally. Energy-efficient electric motors are used in air flow, heating, air conditioning, and ventilation (HVAC) solutions, especially for commercial buildings. Thermodynamics, heat transfer, and principles of fluid mechanics are some laws that HVAC works on. Products like refrigerators, pumps, fans, and compressors are equipped with electromagnetic motors. Various governments have initiated support in increasing urbanization and industrialization to develop advanced solutions. However, the rising metallic costs may increase the price of electric motors, which will hamper this market.

The global energy efficient motor market is segmented based on efficiency Level, motor type, application, and vertical. The efficiency level segment includes IE1, IE2, IE3, and IE4. By motor type, the market is bifurcated into DC and AC. Based on application, the energy efficient motor market is classified into material processing, material handling, refrigeration, compressors, pumps, fans, and HVAC. The vertical segment comprises agriculture, aerospace and defense, automotive, residential, commercial building, industrial, and others. The industrial segment is expected to grow at a substantial rate in the future. Energy-efficient motors are widely utilized in numerous industrial sectors, such as energy and power, oil and gas, marine, mining, water and wastewater, for optimum energy consumption, thereby consequently decreasing the operational costs. Moreover, the agriculture sector contributes notably to the global energy efficient motor market. Currently, the agricultural zone is witnessing a decreasing price trend for pumps and motors. Various rules and regulations and subsidy schemes are implemented by governments to promote the use of efficient and effective pumps and motors, which are likely to boost the agriculture segment in the future.

By region, North America is anticipated to hold a considerable share of the global energy efficient motor market, owing to the presence of major players of automotive industry like Ford, Daimler Chrysler, etc. in the region. This is expected to contribute to the region’s electric efficient motor market. Moreover, the contributions of developed economies like Canada and the U.S. are expected to further boost this regional market.

Major players of 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.