Precision Electric Motors Market by Type and Application- Global Industry Analysis and Forecast to 2023

2018-05-30 / 3800.00 / Electronics / 60 Pages

Description

Industry Outlook and Trend Analysis

The Precision Electric Motors Market was worth USD 26.10 billion in the year 2014 and is expected to reach approximately USD 77.9 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 12.92% during the forecast period. The precision electric motors are enhanced and superior electric engines with different fundamental highlights, for example, increased shelf life, minimum noise, and reduced energy cost. Additionally, the precision electric motors provide simple establishment and less support cost. The precision electric motor works through the cooperation between an electric engine's magnetic field and twisting current to create drive. The structural component of precision electric motors is commonly a lasting magnet synchronous engine, yet can likewise be an enlistment engine or exchanged reluctance engine. Moreover, precision electric motors render various benefits including increased reliability, high torque to weight ratio, increased efficiency, and general lessening of electromagnetic interference. The rising requirement for precision electric motors because of substitution of the obsolete low proficient electric engines with high effective electric engines, expanding vehicle creation, and stringent directions on energy usage are anticipated to help the market globally acting as significant driving variables for the precision electric motors market. Nonetheless, high introductory cost of the precision electric motor may hamper the market development sooner rather than later.





Motor Type Outlook and Trend Analysis

On the basis of motor type, the precision electric motors market is divided into AC brushless motors and DC brushless motors. Among these, DC brushless motors can be controlled by making the use of basic switching commutation logic, while AC brushless motors are controlled by means of complex calculations requiring numerical abilities. In 2014, DC brushless engines held the greatest share of US$21.2 billion in the market based on revenue and are foreseen to keep up their predominance in the figure time frame. The reason behind the strength of DC brushless motors is their expanding application in chassis and powertrains inside cars.

Application Outlook and Trend Analysis

On the basis of application, the precision electric motors market is sectioned into automotive, healthcare, household appliances, defense and aerospace, industrial machinery, and others. In 2013, In terms of revenue, the industrial machinery fragment represented to an offer of 25 percent in the market for precision electric motors. This fragment likewise held the biggest share in the market in 2014 and remained at a valuation of US$6.7 billion. The prevalence of this portion is ascribed over the rising assembling of industrial machinery, especially in the developing countries of China, Brazil, and Russia, among others.

Regional Outlook and Trend Analysis

Geographically, the market is sectioned into Asia Pacific, North America, Europe, and Rest of the World (RoW). Among these, in 2014, Asia Pacific accounted for the greatest offer in the market and is the most quickly creating market for precision electric motors. It is anticipated to keep up its prevalence in the upcoming years. This area has encountered exponential development in the precision electric motors market attributable to expanding industrialization in nations, for example, Malaysia, India, Indonesia, and China, among others. Furthermore, the rising dispensable incomes of purchasers in these nations have likewise helped increment the interest for precision electric motors inside the Asia Pacific locale.

Competitive Insights

The leading players in the market are Baldor Electric Company, Regal Beloit, Yaskawa Electric Corporation and Nidec among others. The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and share of the overall industry.

The global Precision Electric Motors Market is segmented as follows-

By Type:


AC brushless motors
DC brushless motors


By Application:


Industrial machinery
Defense and aerospace
Automotive
Household appliances
Healthcare
Others


By Region


North America



U.S
Canada
Mexico



Europe



Germany
France
UK
Italy
Spain
Rest of Europe



Asia-Pacific



Japan
China
Australia
India
South Korea
Rest of Asia Pacific



Rest of the World



Brazil
South Africa
Saudi Arabia
United Arab Emirates
Others


Some of the key questions answered by the report are:


What was the market size in 2014 and forecast from 2015 to 2023`
What will be the industry market growth from 2015 to 2023`
What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast`
What are the major segments leading the market growth and why`
Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition`

Table of Content

Table of Contents
1. Introduction
1.1. Report Description
1.2. Research Methodology
2. Executive Summary
2.1. Key Highlights
3. Market Overview
3.1. Introduction
3.1.1. Market Definition
3.1.2. Market Segmentation
3.2. Market Dynamics
3.2.1. Drivers
3.2.1.1. Increasing Vehicle Production Worldwide
3.2.1.2. Rising Demand For High Performance Motors
3.2.2. Restraints
3.2.2.1. Lowering of Position Control Precision
3.2.2.2. High Initial Investment
3.2.3. Opportunities
3.2.3.1. Emerging Markets to Offer Lucrative Growth Opportunities
4. Precision Electric Motors, By Type
4.1. Introduction
4.2. Precision Electric Motors Assessment and Forecast, By Type, 2014-2023
4.3. AC Brushless Motors
4.3.1. Market Assessment and Forecast, By Region, 2014-2023 ($Million)
4.4. DC Brushless Motors
4.4.1. Market Assessment and Forecast, By Region, 2014-2023 ($Million)
5. Precision Electric Motors, By Application
5.1. Introduction
5.2. The Precision Electric Motors Assessment and Forecast, By Application, 2014-2023
5.3. Automotive
5.3.1. Market Assessment and Forecast, By Region, 2014-2023 ($Million)
5.4. Industrial machinery
5.4.1. Market Assessment and Forecast, By Region, 2014-2023 ($Million)
5.5. Household appliances
5.5.1. Market Assessment and Forecast, By Region, 2014-2023 ($Million)
5.6. Defense and aerospace
5.6.1. Market Assessment and Forecast, By Region, 2014-2023 ($Million)
5.7. Healthcare
5.7.1. Market Assessment and Forecast, By Region, 2014-2023 ($Million)
5.8. Other Applications
5.8.1. Market Assessment and Forecast, By Region, 2014-2023 ($Million)
6. Precision Electric Motors, By Region
6.1. Introduction
6.2. Precision Electric Motors Assessment and Forecast, By Type, 2014-2023 ($Million)
6.3. Precision Electric Motors Assessment and Forecast, By Application , 2014-2023 ($Million)
6.4. North America
6.4.1. Market Assessment and Forecast, By Country, 2014-2023 ($Million)
6.4.2. Market Assessment and Forecast, By Type, 2014-2023 ($Million)
6.4.3. Market Assessment and Forecast, By Application, 2014-2023 ($Million)
6.4.4. U.S.
6.4.4.1. Market Assessment and Forecast, By Type, 2014-2023 ($Million)
6.4.4.2. Market Assessment and Forecast, By Application, 2014-2023 ($Million)
6.4.5. Canada
6.4.5.1. Market Assessment and Forecast, By Type, 2014-2023 ($Million)
6.4.5.2. Market Assessment and Forecast, By Application, 2014-2023 ($Million)
6.4.6. Mexico
6.4.6.1. Market Assessment and Forecast, By Type, 2014-2023 ($Million)
6.4.6.2. Market Assessment and Forecast, By Application, 2014-2023 ($Million)
6.5. Europe
6.5.1. Market Assessment and Forecast, By Country, 2014-2023 ($Million)
6.5.2. Market Assessment and Forecast, By Type, 2014-2023 ($Million)
6.5.3. Market Assessment and Forecast, By Application, 2014-2023 ($Million)
6.5.4. Germany
6.5.4.1. Market Assessment and Forecast, By Type, 2014-2023 ($Million)
6.5.4.2. Market Assessment and Forecast, By Application, 2014-2023 ($Million)
6.5.5. France
6.5.5.1. Market Assessment and Forecast, By Type, 2014-2023 ($Million)
6.5.5.2. Market Assessment and Forecast, By Application, 2014-2023 ($Million)
6.5.6. UK
6.5.6.1. Market Assessment and Forecast, By Type, 2014-2023 ($Million)
6.5.6.2. Market Assessment and Forecast, By Application, 2014-2023 ($Million)
6.5.7. Italy
6.5.7.1. Market Assessment and Forecast, By Type, 2014-2023 ($Million)
6.5.7.2. Market Assessment and Forecast, By Application, 2014-2023 ($Million)
6.5.8. Spain
6.5.8.1. Market Assessment and Forecast, By Type, 2014-2023 ($Million)
6.5.8.2. Market Assessment and Forecast, By Application, 2014-2023 ($Million)
6.5.9. Rest of Europe
6.5.9.1. Market Assessment and Forecast, By Type, 2014-2023 ($Million)
6.5.9.2. Market Assessment and Forecast, By Application, 2014-2023 ($Million)
6.6. Asia-Pacific
6.6.1. Market Assessment and Forecast, By Country, 2014-2023 ($Million)
6.6.2. Market Assessment and Forecast, By Type, 2014-2023 ($Million)
6.6.3. Market Assessment and Forecast, By Application, 2014-2023 ($Million)
6.6.4. Japan
6.6.4.1. Market Assessment and Forecast, By Type, 2014-2023 ($Million)
6.6.4.2. Market Assessment and Forecast, By Application, 2014-2023 ($Million)
6.6.5. China
6.6.5.1. Market Assessment and Forecast, By Type, 2014-2023 ($Million)
6.6.5.2. Market Assessment and Forecast, By Application, 2014-2023 ($Million)
6.6.6. Australia
6.6.6.1. Market Assessment and Forecast, By Type, 2014-2023 ($Million)
6.6.6.2. Market Assessment and Forecast, By Application, 2014-2023 ($Million)
6.6.7. India
6.6.7.1. Market Assessment and Forecast, By Type, 2014-2023 ($Million)
6.6.7.2. Market Assessment and Forecast, By Application, 2014-2023 ($Million)
6.6.8. South Korea
6.6.8.1. Market Assessment and Forecast, By Type, 2014-2023 ($Million)
6.6.8.2. Market Assessment and Forecast, By Application, 2014-2023 ($Million)
6.6.9. Rest of Asia-Pacific
6.6.9.1. Market Assessment and Forecast, By Type, 2014-2023 ($Million)
6.6.9.2. Market Assessment and Forecast, By Application, 2014-2023 ($Million)
6.7. Rest of the World
6.7.1. Market Assessment and Forecast, By Country, 2014-2023 ($Million)
6.7.2. Market Assessment and Forecast, By Type, 2014-2023 ($Million)
6.7.3. Market Assessment and Forecast, By Application, 2014-2023 ($Million)
6.7.4. Brazil
6.7.4.1. Market Assessment and Forecast, By Type, 2014-2023 ($Million)
6.7.4.2. Market Assessment and Forecast, By Application, 2014-2023 ($Million)
6.7.5. Turkey
6.7.5.1. Market Assessment and Forecast, By Type, 2014-2023 ($Million)
6.7.5.2. Market Assessment and Forecast, By Application, 2014-2023 ($Million)
6.7.6. Saudi Arabia
6.7.6.1. Market Assessment and Forecast, By Type, 2014-2023 ($Million)
6.7.6.2. Market Assessment and Forecast, By Application, 2014-2023 ($Million)
6.7.7. South Africa
6.7.7.1. Market Assessment and Forecast, By Type, 2014-2023 ($Million)
6.7.7.2. Market Assessment and Forecast, By Application, 2014-2023 ($Million)
6.7.8. United Arab Emirates
6.7.8.1. Market Assessment and Forecast, By Type, 2014-2023 ($Million)
6.7.8.2. Market Assessment and Forecast, By Application, 2014-2023 ($Million)
6.7.9. Others
6.7.9.1. Market Assessment and Forecast, By Type, 2014-2023 ($Million)
6.7.9.2. Market Assessment and Forecast, By Application, 2014-2023 ($Million)
7. Company Profiles
7.1. Baldor Electric Company
7.1.1. Business Overview
7.1.2. Product Portfolio
7.1.3. Key Financials
7.1.4. Strategic Developments
7.2. Yaskawa Electric Corporation
7.2.1. Business Overview
7.2.2. Product Portfolio
7.2.3. Key Financials
7.2.4. Strategic Developments
7.3. Nidec Corporation
7.3.1. Business Overview
7.3.2. Product Portfolio
7.3.3. Key Financials
7.3.4. Strategic Developments
7.4. Regal Beloit Corp.
7.4.1. Business Overview
7.4.2. Product Portfolio
7.4.3. Key Financials
7.4.4. Strategic Developments
7.5. Omron Corporation
7.5.1. Business Overview
7.5.2. Product Portfolio
7.5.3. Key Financials
7.5.4. Strategic Developments


Table of Figures

Table 1.Global Precision Electric Motors, By Type, 2014-2023 ($Million)
Table 2.AC brushless motors Market, By Region, 2014-2023 ($Million)
Table 3.DC brushless motors Market, By Region, 2014-2023 ($Million)
Table 4.Global Precision Electric Motors Market, By Application, 2014-2023 ($Million)
Table 5.Automotive Market, By Region, 2014-2023 ($Million)
Table 6.Industrial machinery Market, By Region, 2014-2023 ($Million)
Table 7.Household appliances Market, By Region, 2014-2023 ($Million)
Table 8.Defense and aerospace Market, By Region, 2014-2023 ($Million)
Table 9.Healthcare Market, By Region, 2014-2023 ($Million)
Table 10.Other Applications Market, By Region, 2014-2023 ($Million)
Table 11.North America Precision Electric Motors, By Country, 2014-2023 ($Million)
Table 12.North America Precision Electric Motors, By Type, 2014-2023 ($Million)
Table 13.North America Precision Electric Motors, By Application, 2014-2023 ($Million)
Table 14.U.S. Precision Electric Motors, By Type, 2014-2023 ($Million)
Table 15.U.S. Precision Electric Motors, By Application, 2014-2023 ($Million)
Table 16.Canada Precision Electric Motors, By Type, 2014-2023 ($Million)
Table 17.Canada Precision Electric Motors, By Application, 2014-2023 ($Million)
Table 18.Mexico Precision Electric Motors, By Type, 2014-2023 ($Million)
Table 19.Mexico Precision Electric Motors, By Application, 2014-2023 ($Million)
Table 20.Europe Precision Electric Motors, By Country, 2014-2023 ($Million)
Table 21.Europe Precision Electric Motors, By Type, 2014-2023 ($Million)
Table 22.Europe Precision Electric Motors, By Application, 2014-2023 ($Million)
Table 23.Germany Precision Electric Motors, By Type, 2014-2023 ($Million)
Table 24.Germany Precision Electric Motors, By Application, 2014-2023 ($Million)
Table 25.France Precision Electric Motors, By Type, 2014-2023 ($Million)
Table 26.France Precision Electric Motors, By Application, 2014-2023 ($Million)
Table 27.UK Precision Electric Motors, By Type, 2014-2023 ($Million)
Table 28.UK Precision Electric Motors, By Application, 2014-2023 ($Million)
Table 29.Italy Precision Electric Motors, By Type, 2014-2023 ($Million)
Table 30.Italy Precision Electric Motors, By Application, 2014-2023 ($Million)
Table 31.Spain Precision Electric Motors, By Type, 2014-2023 ($Million)
Table 32.Spain Precision Electric Motors, By Application, 2014-2023 ($Million)
Table 33.Rest of Europe Precision Electric Motors, By Type, 2014-2023 ($Million)
Table 34.Rest of Europe Precision Electric Motors, By Application, 2014-2023 ($Million)
Table 35.Asia-Pacific Precision Electric Motors, By Country, 2014-2023 ($Million)
Table 36.Asia-Pacific Precision Electric Motors, By Type, 2014-2023 ($Million)
Table 37.Asia-Pacific Precision Electric Motors, By Application, 2014-2023 ($Million)
Table 38.Japan Precision Electric Motors, By Type, 2014-2023 ($Million)
Table 39.Japan Precision Electric Motors, By Application, 2014-2023 ($Million)
Table 40.China Precision Electric Motors, By Type, 2014-2023 ($Million)
Table 41.China Precision Electric Motors, By Application, 2014-2023 ($Million)
Table 42.Australia Precision Electric Motors, By Type, 2014-2023 ($Million)
Table 43.Australia Precision Electric Motors, By Application, 2014-2023 ($Million)
Table 44.India Precision Electric Motors, By Type, 2014-2023 ($Million)
Table 45.India Precision Electric Motors, By Application, 2014-2023 ($Million)
Table 46.South Korea Precision Electric Motors, By Type, 2014-2023 ($Million)
Table 47.South Korea Precision Electric Motors, By Application, 2014-2023 ($Million)
Table 48.Rest of Asia-Pacific Precision Electric Motors, By Type, 2014-2023 ($Million)
Table 49.Rest of Asia-Pacific Precision Electric Motors, By Application, 2014-2023 ($Million)
Table 50.Rest of the World Precision Electric Motors, By Country, 2014-2023 ($Million)
Table 51.Rest of the World Precision Electric Motors, By Type, 2014-2023 ($Million)
Table 52.Rest of the World Precision Electric Motors, By Application, 2014-2023 ($Million)
Table 53.Brazil Precision Electric Motors, By Type, 2014-2023 ($Million)
Table 54.Brazil Precision Electric Motors, By Application, 2014-2023 ($Million)
Table 55.Turkey Precision Electric Motors, By Type, 2014-2023 ($Million)
Table 56.Turkey Precision Electric Motors, By Application, 2014-2023 ($Million)
Table 57.Saudi Arabia Precision Electric Motors, By Type, 2014-2023 ($Million)
Table 58.Saudi Arabia Precision Electric Motors, By Application, 2014-2023 ($Million)
Table 59.South Africa Precision Electric Motors, By Type, 2014-2023 ($Million)
Table 60.South Africa Precision Electric Motors, By Application, 2014-2023 ($Million)
Table 61.United Arab Emirates Precision Electric Motors, By Type, 2014-2023 ($Million)
Table 62.United Arab Emirates Precision Electric Motors, By Application, 2014-2023 ($Million)
Table 63.Others Precision Electric Motors, By Type, 2014-2023 ($Million)
Table 64.Others Precision Electric Motors, By Application, 2014-2023 ($Million)
Table 65.Baldor Electric Company: Key Strategic Developments, 2015-2017
Table 66.Yaskawa Electric Corporation: Key Strategic Developments, 2015-2017
Table 67.Nidec Corporation: Key Strategic Developments, 2015-2017
Table 68.Regal Beloit Corp.: Key Strategic Developments, 2015-2017
Table 69.Omron Corporation: Key Strategic Developments, 2015-2017

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