Consumer electronics electric motor market

  • How big is the electric motor market?

    The global electric motor market size was around $121.81 billion in 2021 and is predicted to reach $209.68 billion in 2030.
    Who are the key market players in the market? The key players in the market are ABB Motors, General Electric, Johnson Electric, and Lincoln Electric..

  • What industry uses electric motors?

    Applications include industrial fans, blowers and pumps, machine tools, household appliances, power tools, vehicles, and disk drives.
    Small motors may be found in electric watches..

  • What is the market research for electric motors?

    The global electric motor market size was valued at $106.3 billion in 2020, and is expected to reach $207.3 billion by 2030, with a CAGR of 6.7% from 2021 to 2030.
    Electric motor converts electrical energy into mechanical energy.
    Its components include rotor, bearings, stator, air gap, windings, and commutator..

  • What is the market trend for electric motors?

    The global electric motor market grew at a CAGR of 5.43% between 2018 and 2022.
    Growth forecasts remain optimistic, with the market predicted to exhibit a CAGR of 6.64% between 2023 and 2033..

  • The global electric motor market size was valued at $106.3 billion in 2020, and is expected to reach $207.3 billion by 2030, with a CAGR of 6.7% from 2021 to 2030.
    Electric motor converts electrical energy into mechanical energy.
    Its components include rotor, bearings, stator, air gap, windings, and commutator.
Consumer Electronics Electric Motor Market size surpassed USD 15.5 billion in 2022. The industry is anticipated to grow at over 6% CAGR from 2023 to 2032 driven by a positive inclination toward efficient and sustainable electronics.

How big is the electric motor market in 2021?

Electric Motor market is projected to grow from USD 113

14 billion in 2021 to USD 181 89 billion by 2028 at a CAGR of 7 0% during 2021-2028

How much is the global consumer electronics electric motors market worth?

Selbyville, Delaware, May 02, 2023 (GLOBE NEWSWIRE) -- As per the report published by Global Market Insights Inc

, the Global Consumer Electronics Electric Motors Market was estimated at USD 15

67 billion in 2022 and is expected to surpass a valuation of $ 28

91 billion by 2032, progressing at a CAGR of 6

3% from 2023 to 2032

What is the electric motor market report?

The electric motor market report highlights leading regions across the world to offer a better understanding of the user

Furthermore, the market research report provides insights into the latest market trends and analyzes technologies that are being deployed at a rapid pace at a global level

Consumer Electronics Electric Motor Marketsize surpassed USD 15.5 billion in 2022. The industry is anticipated to grow at …
Consumer electronics electric motor market
Consumer electronics electric motor market

Motor vehicle

The General Motors EV1 is an electric car produced and leased by General Motors from 1996 to 1999.
It was the first mass-produced and purpose-designed electric vehicle of the modern era from a major automaker and the first GM car designed to be an electric vehicle from the outset.
Mabuchi Motor Companyfont-weight:normal>  is a Japanese manufacturing company based in

Mabuchi Motor Companyfont-weight:normal> is a Japanese manufacturing company based in

Mabuchi Motor Company> is a Japanese manufacturing company based in Matsudo, Chiba Prefecture, Japan.
It is the world's largest manufacturer by volume of small electric motors, producing over 1.4 billion motors annually.
The company employs 24,286 people in its production division, 755 in its administrative division, 583 in its R&D division, and 219 in its sales division.

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