US demand for electric motors will increase at an accelerated rate of 4.6 percent annually through 2017 to $14.4 billion. AC motors will remain the largest segment while hermetic motors will grow the fastest. The heating and cooling equipment market will provide the best growth opportunities. Integral horsepower motors will outpace fractional horsepower types.This study analyzes the $11.5 billion US electric motors industry. It presents historical demand data for the years 2002, 2007 and 2012, and forecasts for 2017 and 2022 by type (e.g., fractional horsepower, integral horsepower, AC motors, DC motors, hermetic motors) and market (e.g., motor vehicles, heating and cooling equipment, machinery, household appliances, aerospace).The study also considers market environment factors, details industry structure, evaluates company market share and profiles 34 industry players, including Nidec, Regal Beloit, and General Electric.
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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