Precision Electric Motors Market

1
Global Precision Electric Motors Market 2017
2025

• Published by Accurize Market Research Pvt. Ltd.

2
Global Precision Electric Motors Market is
Estimated to Reach 87 Billion by 2024

• Global Precision Electric Motors Market report
  published by Accurize Market Research forecast
  that the global market is expected to reach 87
  billion by 2024 growing at a CAGR of 13.2 from
  2017 to 2025.
• By geography, the Asia Pacific and North America
  are expected to grow at a CAGR of XX and XX,
  respectively, during the forecast period.
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  ision-electric-motors-market/sample-request

3
Rising vehicle production to drive the global
market

• Some of the drivers propelling the growth of the
  global precision electric motors market include
  the need to replace outdated low efficient
  electric motors, rising vehicle production, and
  stringent regulations on energy consumption.
  Nevertheless, the high initial cost would pose
  several challenges for market growth.
• Furthermore, cumulative demand for industrial
  robots and the increasing use of precision
  electric motor in medical diagnostic applications
  would offer growth opportunities in years to
  come.

4
Market Segmentation

• Global Precision Electric Motors Market is split
  into type, application, and geography. The type
  segment includes an AC motor and DC motor.
• The application segment is bifurcated as
  industrial machinery, automotive, defense
  aerospace, household appliances, healthcare, and
  others.
• North America, Europe, Asia-Pacific and Rest of
  the world (RoW) are the geographical segments of
  the market. North America is further bifurcated
  into countries namely U.S., Canada, and Mexico.
  Europe covers countries like Russia, the U.K.,
  Germany, France, Italy and the Rest of Europe.
• Asia-Pacific countries include China, India,
  Japan, South Korea and Rest of Asia Pacific. The
  rest of the World (RoW) covers South America,
  Africa, and the Middle East.

5
Market Segmentation

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  ision-electric-motors-market/ask-for-customization
  
• "DC motor accounted for the largest market share
  in the type segment", says Accurize
• DC motor dominated the type segment with largest
  market share in 2017 and the fastest-growing CAGR
  during the forecast period.
• In the application segment, industrial machinery
  and automotive together held more than half of
  the total market share in 2017, while, automotive
  will attain the fastest CAGR during the forecast
  period 2017 2025.

6
Market Segmentation

• "Asia-Pacific dominated the global market with
  the highest market share over the forecast
  period", says Accurize
• Asia-Pacific dominated the global market in 2017
  with largest market share of 44.2 and highest
  CAGR, driven by economic transformation,
  stringent regulations on fuel economy and
  emission control, and declining average selling
  price of electric motors.
• North America accounted for the second largest
  market share with 26.6 in the year 2017.

7
Top players in the market

• Major companies operating in the market include
• Siemens AG
• Ametek Incorporation
• ARC Systems Incorporation
• Asmo Corporation Limited
• Yaskawa Electric Corporation
• Allied Motion Technologies Inc
• Brook Crompton UK Limited
• Rockwell Automation Inc
• Franklin Electric Cooperative Incorporation
• Johnson Electric Holdings Limited

8
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