Global Electric Motors

This report forecasts to 2023 global demand for electric motors by product, market, and major world region in nominal US dollars at the manufacturer level. Product segments include: AC (alternating current) motors, comprising AC fractional horsepower and AC integral horsepower; and DC (direct current) motors, comprising DC fractional horsepower and DC integral horsepower. Reported markets encompass: motor vehicles; household appliances; heating and cooling equipment; machinery; and other markets such as aerospace, other transportation equipment, and commercial and service equipment. Major world regions include North America, Western Europe, Asia/Pacific, and all other regions.

To illustrate historical trends, world, product, market, and regional demand (including product and market segments) are provided for 2008, 2013, and 2018.

For the purposes of this report, universal motors are categorized as DC motors.

For any given historical year, US dollar amounts are obtained from values expressed in the applicable local currency. These local currency values are converted to US dollars at the average annual exchange rate for that year. For forecast years, the US dollar amounts assume the same annual exchange rate as that prevailing in 2018.

Other various topics, including profiles of pertinent leading companies, are covered in this report. A full outline of report items by page is available in the Table of Contents.

Related NAICS Code:
335312 Motor & generator manufacturing

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