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Electric Motor Sales Market Trends, Scope and Driver Analysis by 2014-2025
by Suraj2051 · September 25, 2018
25 Sep 2018 鈥揋lobal Electric Motor Sales Market is anticipated to reach USD 155.3 billion by 2025. Electric motors are extensively used in compressors, industrial fans, pumps, machine tools, domestic appliances Cody Barton Seahawks Jersey , automated robots, lathe machines, HVAC applications, power tools, disk drives, and electric cars.
The factors that propel the growth of the Electric Motor Sales industry include growing demand for automobile production and power utilities along with the increase in residential and commercial infrastructure development, particularly in the emerging countries. On the other hand, there are factors that may hamper the growth of the market including high capital investments D.K. Metcalf Seahawks Jersey , and low adoption rate. Electric Motor Sales Market is anticipated to grow at a significant CAGR of 4.2% in the upcoming period as the scope, product types, and its applications are increasing across the globe.
Request Sample Copy of this Market Research @ The market may be explored by type, application, voltage, output power, and geography. Electric Motor Sales industry may be explored by type as AC Motors, and DC Motors. The 鈥淎C Motors鈥?segment led the market in 2016 and is anticipated to maintain its dominance by 2025 owing to widespread use across application parts such as robotics and irrigation pumps.
The key applications that could be explored in the Electric Motor Market include Motor Vehicles Marquise Blair Seahawks Jersey , Industrial Machinery, HVAC Equipment, Aerospace & Transportation, Household Appliances, Others. The 鈥淢otor Vehicles鈥?segment led the market in 2016 and is anticipated to maintain its dominance by 2025 due to surge in electric vehicle manufacturing across the world.
The Electric Motor Sales industry could be explored based on Voltage as < 1 kV (Low), 1 kV鈥?.6 kV (Medium), and > 6.6 kV (High). The 鈥?lt; 1 kV (Low)鈥?se