US electric motor demand will rise 5.4 percent per year through 2018 to $16.2 billion. Growth in the dominant AC motors segment will outpace DC types. The motor vehicle market will grow the fastest and remain the largest category, followed by the heating/cooling and machinery markets. IHP electric motors will outpace FHP types in both value and volume terms.This study analyzes the $12.5 billion US electric motor industry. It presents historical demand data (2003, 2008 and 2023), and forecasts (2018 and 2023) by type (AC motors, DC motors), power rating (fractional horsepower motors, integral horsepower motors), and market (e.g., motor vehicles, heating and cooling equipment, machinery, household appliances, aerospace equipment, commercial and service industry equipment).The study also considers market environment factors, details industry structure, evaluates company market share, and profiles 35 industry players, including Nidec, Regal Beloit, and Siemens.
Freedonia Market Research—Reports provide industry insights targeting market size, product and market segmentation, product and market forecasts, industry composition, market leaders and business trends.
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