The electric motors market in us size is expected to grow by USD 5.25 bn and record a CAGR of 5% during 2021-2025.
This post-pandemic electric motors market in us report has assessed the shift in consumer behavior and has identified and explored the upcoming trends and drivers that the vendors can capitalize on to support prompt business decisions. In this electric motors market in us analysis report, key drivers such as government subsidies and incentives for evs have been discussed with emerging growth regions, which will offer immense business opportunities. Our analysts have also identified challenges such as , which will impede market growth. With these insights, the vendors can recreate their plan of action to obtain growth opportunities in the future.
What will the Electric Motors Market In US Size be in 2021?
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Who are the Key Vendors in the Electric Motors Market In US?
The electric motors market in us forecast report provides insights on complete key vendor profiles and their business strategies to reimage themselves. The profiles include information on the production, competitive landscape, sustainability, and prospects of the leading companies including:
- ABB Ltd.
- Franklin Electric Co. Inc.
- General Electric Co.
- Hitachi Ltd.
- Johnson Electric Holdings Ltd.
- Nidec Corp.
- Rockwell Automation Inc.
- Siemens AG
- Toshiba Corp.
- WEG Equipamentos Eletricos SA
Our analysts have extensively outlined successful business strategies deployed by the key vendors in this market research report. The electric motors market in us is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market.
This electric motors market in us report further entails segmentations by product (AC motor, DC motor, and Hermetic motor) and end-user (Automotive, Household appliance, HVAC, Industrial machinery, and Others). The available actionable insights on the segmentations, in this report, will enable a better understanding of the target audience and changing demand patterns.
To make the most of the opportunities, vendors should focus on fast-growing segments, while maintaining their positions in the slow-growing segments. The electric motors market in us further offers well-structured marketing strategies to overcome the negative post-COVID-19 impact, if any, on each product and service segment.
Which are the Key Regional Markets for Electric Motors Market In US?
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The report offers an up-to-date analysis of the geographical composition of the market. US will record a fast growth rate during 2021-2025, owing to which the region should offer several growth opportunities to market vendors. The increase in demand for automated equipment in industrial premises will significantly influence electric motors market in us growth in this region. From the statistical study of the geographic landscape, you can interpret and understand the competitive intelligence and regional opportunities in store for vendors for 2021-2025.
100% of the market’s growth will originate from US during the forecast period. US are the key markets for electric motors market in us in the region. This report provides estimations of the contribution of all regions to the growth of the electric motors market in us size.
Electric Motors Market In US Scope
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Report Coverage
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Details
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Page number
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120
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Base year
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2020
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Forecast period
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2021-2025
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Growth momentum & CAGR
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Accelerate at a CAGR of 5%
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Market growth 2021-2025
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USD 5.25 billion
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Market structure
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Fragmented
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YoY growth (%)
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2.54
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Regional analysis
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US
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Performing market contribution
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US at 100%
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Key consumer countries
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US
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Competitive landscape
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Leading companies, competitive strategies, consumer engagement scope
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Companies profiled
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ABB Ltd., Franklin Electric Co. Inc., General Electric Co., Hitachi Ltd., Johnson Electric Holdings Ltd., Nidec Corp., Rockwell Automation Inc., Siemens AG, Toshiba Corp., and WEG Equipamentos Eletricos SA
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Market Dynamics
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Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,
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Customization purview
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If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.
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What are the Key Factors Covered in this Electric Motors Market In US In US Report?
- CAGR of the market during the forecast period 2021-2025
- Detailed information on factors that will drive electric motors market in us growth during the next five years
- Precise estimation of the electric motors market in us size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the electric motors market in us industry across US
- A thorough analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of electric motors market in us vendors
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