Electric Motor Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2017-2022



Electric motors are devices which work on the principle of electro-magnetic induction by converting electrical energy into mechanical energy. They have numerous applications in various sectors, ranging from use in toothbrushes and hard disk drives to automobiles and robots. Depending on the voltage requirement, electric motors can be divided into three categories – low, medium and high voltage electric motors. Several factors are currently driving the global electric motor market which include - increasing industrialization levels in emerging markets, growing urbanization, penetration of electricity, rising automobile sales, rising automation in various industrial sectors and technological advancements. According to IMARC Group, the global electric motor market reached a value of around US$ 26.8 Billion in 2016, growing at a CAGR of around 7.4% during 2009-2016.

                                                            Electric Motor Market

IMARC’s latest study “Electric Motor Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2017-2022” has segmented the electric motor market on the basis of end use. The industrial sector represents the largest consumer of electric motors, accounting for around 60% of the total global consumption in 2016. The industrial sector was followed by the commercial sector, residential sector and agriculture sector. Region-wise, the report has found that the Asia-Pacific region represents the largest market of electric motors accounting for more than 60% of the total global consumption in 2016. Asia-Pacific was followed by North America, Western Europe, Eastern Europe and Central & South America. The global electric motor market is highly competitive with both global and local players. Some of the key global players analysed in the report include – ABB, Siemens, WEG, TECO E&M, Regal Beloit, Leroy Somer, Shandong Huali, Hyundai Heavy Industries, Hyosung Corporation and NIDEC.

                                                    Electric Motor Market Report                                                      

The report provides a detailed roadmap for setting up an electric motor manufacturing plant. The study, which has been done by one of the world’s leading research and advisory firms, covers all the essential aspects of the electric motor market. This ranges from a comprehensive view of the market to minute details of the industry performance, processing and manufacturing requirements, project cost, project funding, project economics including expected returns on investment, profit margins, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the electric motor industry in any manner.

Key Questions Answered in This Report:

  • How has the electric motor market performed so far and how will it perform in the coming years?
  • What are the key regional markets in the global electric motor industry?
  • What are the key product types in the global electric motor industry?
  • What are the key application areas in the global electric motor industry?
  • How has the low voltage electric motor market performed so far and how will it perform in the coming years?
  • What are the key regional markets in the global low voltage electric motor industry?
  • What are the key product types in the global low voltage electric motor industry?
  • What are the key end-use industries in the global low voltage electric motor industry?
  • What are the key application areas in the global low voltage electric motor industry?
  • What are the various stages in the value chain of the low voltage electric motor industry?
  • What are the key driving factors and challenges in the low voltage electric motor industry?
  • What is the structure of the low voltage electric motor industry and who are the key players?
  • What is the degree of competition in the low voltage electric motor industry?
  • What are the profit margins in the low voltage electric motor industry?
  • What are the key requirements for setting up an electric motor manufacturing plant?
  • How is electric motor manufactured?
  • What are the various unit operations involved in an electric motor plant?
  • What is the total size of land required for setting up an electric motor plant?
  • What are the machinery requirements for setting up an electric motor plant?
  • What are the raw material requirements for setting up an electric motor plant?
  • What are the packaging requirements for electric motor?
  • What are the transportation requirements for electric motor?
  • What are the utility requirements for setting up an electric motor plant?
  • What are the manpower requirements for setting up an electric motor plant?
  • What are the infrastructure costs for setting up an electric motor plant?
  • What are the capital costs for setting up an electric motor plant?
  • What are the operating costs for setting up an electric motor plant?
  • What will be the income and expenditures for an electric motor plant?
  • What is the time required to break-even?

1    Preface
2    Research Methodology
3    Executive Summary
4    Introduction

    4.1    Overview
    4.2    Key Industry Trends
5    Global Electric Motor Industry
    5.1    Market Overview
    5.2    Market Performance
    5.3    Market Breakup by Region
    5.4    Market Breakup by Product Type
    5.5    Market Breakup by Application
    5.6    Market Forecast
6    Global Low Voltage Electric Motor Industry
    6.1    Market Overview
    6.2    Market Performance
    6.3    Market Breakup by Region
    6.4    Market Breakup by Power Ratings
    6.5    Market Breakup by Efficiency
    6.6    Market Breakup by End-Use Industry
    6.7    Market Breakup by Application
    6.8    Market Forecast
    6.9    SWOT Analysis
        6.9.1 Strengths
        6.9.2 Weaknesses
        6.9.3 Opportunities
        6.9.4 Threats
    6.10    Value Chain Analysis
    6.11    Porter’s Five Forces Analysis
        6.11.1 Overview
        6.11.2 Bargaining Power of Buyers
        6.11.3 Bargaining Power of Suppliers
        6.11.4  Degree of Competition
        6.11.5 Threat of New Entrants
        6.11.6 Threat of Substitutes
    6.12    Key Market Drivers and Success Factors
7    Electric Motor (Low Voltage) Market: Performance of Key Regions
    7.1    North and South America
    7.2    Europe, Middle East and Africa
    7.3    China
    7.4    Others
8    Electric Motor (Low Voltage) Market: Market by Efficiency
    8.1    Standard Efficiency Electric Motors
    8.2    High Efficiency Electric Motors
    8.3    Premium Efficiency Electric Motors
    8.4    Super Premium Electric Motors
9       Electric Motor (Low Voltage) Market: Market by End-Use Industry
    9.1    Commercial HVAC Industry
    9.2    Food, Beverage and Tobacco Industry
    9.3    Mining Industry
    9.4    Utilities
10     Electric Motor (Low Voltage) Market: Market by Application
    10.1    Pumps and Fans
    10.2    Compressors
    10.3    Other Applications
11    Competitive Landscape
    11.1    Market Structure
    11.2    Market Share of Key Players
12    Electric Motor Manufacturing Process
    12.1    Product Overview
    12.2    Detailed Process Flow
    12.3    Various Types of Unit Operations Involved
    12.4    Mass Balance and Raw Material Requirements
13    Project Details, Requirements and Costs Involved
    13.1    Land Requirements and Expenditures
    13.2    Construction Requirements and Expenditures
    13.3    Plant Layout
    13.4    Plant Machinery
    13.5    Raw Material Requirements and Expenditures
    13.6    Packaging Requirements and Expenditures
    13.7    Transportation Requirements and Expenditures
    13.8    Utility Requirements and Expenditures
    13.9    Manpower Requirements and Expenditures
    13.10    Other Capital Investments
14    Loans and Financial Assistance
15    Project Economics

    15.1    Capital Cost of the Project
    15.2    Techno-Economic Parameters
    15.3    Product Pricing and Margins Across Various Levels of the Supply Chain
    15.4    Taxation and Depreciation
    15.5    Income Projections
    15.6    Expenditure Projections
    15.7    Financial Analysis
    15.8    Profit Analysis
16    Key Player Profiles
    16.1 ABB
    16.2 Siemens
    16.3 WEG
    16.4 TECO E&M
    16.5 Regal Beloit
    16.6 Leroy Somer
    16.7 Shandong Huali
    16.8 Hyundai Heavy Industries
    16.9 Hyosung Corporation
    16.10 NIDEC

List of Figures

Figure 4 1: Global: Electric Motor Market (in US$ Billion), 2008-2015
Figure 4 2: Global: Electric Motor Market Forecast (in US$ Billion), 2016-2021
Figure 4 3: Global: Electric Motor Market: Consumption Breakup by Type (in %), 2015
Figure 4 4: Global: Electric Motor Market: Consumption Breakup by Region (in %), 2015
Figure 4 5: Global: Electric Motor: Breakup by Application Sector (in %), 2015
Figure 4 6: Global: Low Voltage Electric Motor Market (in US$ Billion), 2008-2015
Figure 4 7: Global: Low Voltage Electric Motor Market Forecast (in US$ Billion), 2016-2021
Figure 4 8: Global: Low Voltage Electric Motor Market: Breakup by Voltage (% by Revenues), 2015
Figure 4 9: Global: Low Voltage Electric Motor Market: Breakup by Efficiency Class Transition (% by Revenues), 2015
Figure 4 10: Global: Low Voltage Electric Motor Market: Breakup by Industry Sector (% by Revenues), 2015
Figure 4 11: Global: Low Voltage Electric Motor Market: Breakup by Application (% by Revenues), 2015
Figure 4 12: Global: Low Voltage Electric Motor Market: Breakup by Region (% by Revenues), 2015
Figure 6 1: Electric Motor: Major Parts and Assembly Line Operations
Figure 6 2: AC Squirrel Cage Induction Motor Manufacturing Process: Conversion Rate of Products
Figure 6 3: DC Brushless Motor Manufacturing Process: Conversion Rate of Products
Figure 6 4: Interior Permanent Magnet Motor Manufacturing Process: Conversion Rate of Products
Figure 6 5: Electric Motor Assembling: Various Types of Unit Operations Involved
Figure 7 1: Electric Motors Manufacturing Plant: Proposed Plant Layout
Figure 9 1: Electric Motors Manufacturing Plant: Breakup of Capital Costs (in %)
Figure 9 2: Electric Motors Manufacturing Plant: Breakup of Production Costs (in %)

 

List of Tables

Table 7 1: Electric Motors Manufacturing Costs Related to Land and Site Development (in US$)
Table 7 2: Electric Motors Manufacturing Costs Related to Civil Works (in US$)
Table 7 3:  Machinery Costs (in US$)
Table 7 4: Raw Material Requirements (in Units/Day)
Table 7 5: Costs Related to Salaries and Wages (in US$)
Table 7 6:  Costs Related to Other Capital Investments (in US$)
Table 8 1: Details of Financial Assistance Offered by Financial Institutions
Table 9 1: Capital Costs (in US$)
Table 9 2: Techno-Economic Parameters
Table 9 3: Income Projections (in US$)
Table 9 4: Expenditure Projections (in US$)
Table 9 5: Cash Flow Analysis Without Considering the Income Tax Liability
Table 9 6: Cash Flow Analysis on Considering the Income Tax Liability


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