電動モーター市場 – 2029年までの世界予測

Electric Motors Market - Global Forecast To 2029

電動モーター市場 - タイプ (AC、DC)、定格電力 (<1 kW、1 ~ 2.2 kW、2.2 ~ 375 kW、375 ~ 900 kW、>900 kW)、エンドユーザー (産業、商業、住宅、運輸、および農業)、電圧、ローターの種類、出力 - 2029年までの世界予測
Electric Motors Market by Type (AC, DC), Power Rating (<1 kW, 1–2.2 kW, 2.2–375 kW, 375-900 kW, >900 kW), End User (Industrial, Commercial, Residential, Transportation, and Agriculture), Voltage, Rotor Type, Output Power - Global Forecast to 2029
出版社MarketsandMarkets
出版年月2024年9月
ページ数440
図表数759
価格タイプシングルユーザライセンス
価格USD 4,950
種別英文調査報告書

 Report Overview

The electric motors market is estimated to reach USD 206.4 billion by 2029 from an estimated value of USD 152.2 billion in 2024, at a CAGR of 6.3% during the forecast period.

電気モーター市場は、2024年の推定値1,522億米ドルから2029年までに2,064億米ドルに達すると推定されており、予測期間中のCAGRは6.3%です。

The rising demand for HVAC systems among residential, commercial, and industrial end-users, the growing demand for electric motors in manufacturing industries, and the increasing demand for energy-efficient motors are the major driving factors for the electric motors market.

電動モーター市場 - 2029年までの世界予測
Electric Motors Market – Global Forecast To 2029

“AC Motors: The largest segment of the electric motors market, by type.”

By type, the electric motors market was segmented into two categories: AC Motors and DC Motors. The segment, AC Motors, is expected to capture the largest share of the market by type. AC motors are a class of electric motors that are driven by alternating current. Applications involving these motors require power performance for a long duration. The applications for AC motors are found in air conditioners, washers, dryers, industrial machinery, fans, blowers, vacuum cleaners, and other appliances.

“Industrial segment is expected to emerge as the largest segment by end-user.”

Based on end-user, the electric motors market has been segmented into Industrial, Commercial, Residential, Transportation and Agriculture. The Industrial segment is expected to hold the largest market share during the forecast period because of growing applications and increased usage of electric motors in the industrial sector, which are energy-efficient, low noise-producing devices, and provide excellence in reliability. The industrial sector embraces automation technologies to increase production efficiency.

電動モーター市場 - 2029年までの世界予測 ecosystem
Electric Motors Market – ecosystem

“2.2–375 kW segment is expected to emerge as the second largest segment based on power rating”

By power rating, the electric motors market has been segmented into <1 kW, 1–2.2 kW, 2.2–375 kW, 375-900 kW, and > 900 kW. The 2.2–375 kW segment is expected to be the second largest during the forecast period. The major contributors in modernizing infrastructure are developed nations currently, the market for 2.2–375 kW electric motors in Asia Pacific and Europe is being pushed by this factor, along with the rise in urban population and industrialization in developing nations.

“North America is expected to be the second fastest region in the electric motors market.”

North America is expected to be the second-fastest region in the electric motors market between 2024-2029. The North American market consists of US, Canada, and Mexico. Demand for electric motors in North America is driven by the emerging electric vehicle market, where electric motors are a key part of EV drivetrains. Companies like Tesla, Ford, and General Motors drive this demand to a great extent. Growth factors include increasing demand due to the adoption of energy-efficient motors and the abundance of the electric vehicle industry.

電動モーター市場 - 2029年までの世界予測 region
Electric Motors Market – region

Breakdown of Primaries:

In-depth interviews have been conducted with various key industry participants, subject-matter experts, C-level executives of key market players, and industry consultants, among other experts, to obtain and verify critical qualitative and quantitative information, as well as to assess future market prospects. The distribution of primary interviews is as follows:

  • By Company Type: Tier 1- 65%, Tier 2- 24%, and Tier 3- 11%
  • By Designation: C-Level- 30%, Director Levels- 25%, and Others- 45%
  • By Region: North America- 27%, Europe- 20%, Asia Pacific- 33%, the Middle East & Africa- 8%, and South America- 12%

Note: Others include product engineers, product specialists, and engineering leads.

Note: The tiers of the companies are defined based on their total revenues as of 2022. Tier 1: > USD 1 billion, Tier 2: From USD 500 million to USD 1 billion, and Tier 3: < USD 500 million

The Electric motors market is dominated by a few major players that have a wide regional presence. The leading players in the Electric motors market are ABB (Switzerland), Siemens (Germany), NIDEC CORPORATION (Japan), Wolong Electric Group (China) and WEG (Brazil).

Research Coverage:

The report defines, describes, and forecasts the electric motors market, by type, by rotor type, by Voltage, by Power rating, by Output power, by end user for various regions. It also offers a detailed qualitative and quantitative analysis of the market. The report provides a comprehensive review of the major market drivers, restraints, opportunities, and challenges. It also covers various important aspects of the market. These include an analysis of the competitive landscape, market dynamics, market estimates, in terms of value, and future trends in the electric motors market.

Key Benefits of Buying the Report

  • The electric motors market is driven by factors such as growing demand from residential, commercial, and industrial end users for HVAC systems. Fluctuating raw material prices and stringent regulatory standards restrain growth in the electric motors market. Opportunities include robotics technology and a global switch to electric vehicles. Few challenges this market faces are issues with shortages of components and their supply chains.
  • Product Development/ Innovation: Other such developments, like the Variable Frequency Drives – VFDs, represent one of the key trends in the development of electric motors. VFD is a drive mechanism controlling the magnitude of output voltage and frequency supplied to the motor to control its speed and torque. By this mechanism, the motors can operate at an optimum speed relative to the demands of a given application, which in turn enables the completion of strong energy savings with increased efficiency.
  • Market Development: Electric motors development is in the way of electric mobility because of significant changes in electric vehicle technology. Energy security favorable policies by government, advancement in electric vehicles and emerging robotics technologies create electric motors market growth.
  • Market Diversification: ABB acquired the Siemens low voltage NEMA motor business as part of its profitable growth strategy in the Motion Business Area. The acquisition of the business strengthened ABB’s position as a leading industrial NEMA motor manufacturer and provides an even stronger platform from which ABB can better serve its global customers.
  • Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players like ABB (Switzerland), Siemens (Germany), NIDEC CORPORATION (Japan), Wolong Electric Group (China) and WEG (Brazil) among others in the electric motors market.

Table of Contents

1               INTRODUCTION        43

1.1            STUDY OBJECTIVES 43

1.2            MARKET DEFINITION                43

1.3            INCLUSIONS AND EXCLUSIONS               44

1.3.1        ELECTRIC MOTORS MARKET, BY TYPE   44

1.3.2        ELECTRIC MOTORS MARKET, BY POWER RATING  44

1.3.3        ELECTRIC MOTORS MARKET, BY VOLTAGE              44

1.3.4        ELECTRIC MOTORS MARKET, BY END USER           44

1.3.5        ELECTRIC MOTORS MARKET, BY ROTOR TYPE        45

1.3.6        ELECTRIC MOTORS MARKET, BY OUTPUT POWER 45

1.4            MARKET SCOPE      46

1.4.1        ELECTRIC MOTORS MARKET SEGMENTATION        46

1.4.2        YEARS CONSIDERED                47

1.5            UNITS CONSIDERED                 47

1.6            CURRENCY CONSIDERED        47

1.7            LIMITATIONS            47

1.8            STAKEHOLDERS      48

1.9            SUMMARY OF CHANGES         48

2               RESEARCH METHODOLOGY    50

2.1            RESEARCH DATA     50

2.2            MARKET BREAKDOWN AND DATA TRIANGULATION                 51

2.2.1        SECONDARY DATA   52

2.2.1.1     Key data from secondary sources           52

2.2.2        PRIMARY DATA         52

2.2.2.1     Key data from primary sources                53

2.2.2.2     Breakdown of primaries          53

2.3            METRICS CONSIDERED FOR ASSESSING DEMAND FOR ELECTRIC MOTORS         54

2.4            MARKET SIZE ESTIMATION      54

2.4.1        BOTTOM-UP APPROACH          54

2.4.1.1     Approach to derive market size using bottom-up analysis      54

2.4.2        TOP-DOWN APPROACH            55

2.4.2.1     Approach to derive market size using top-down analysis       55

2.4.3        DEMAND-SIDE ANALYSIS         56

2.4.3.1     Calculations             56

2.4.3.2     Assumptions            57

2.4.4        SUPPLY-SIDE ANALYSIS           58

2.4.4.1     Calculations             58

2.4.4.2     Assumptions            60

2.4.5        FORECAST                61

3               EXECUTIVE SUMMARY             62

4               PREMIUM INSIGHTS                 67

4.1            ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN ELECTRIC MOTORS MARKET        67

4.2            ELECTRIC MOTORS MARKET IN ASIA PACIFIC,  BY TYPE AND COUNTRY               67

4.3            ELECTRIC MOTORS MARKET, BY TYPE   68

4.4            ELECTRIC MOTORS MARKET, BY POWER RATING  68

4.5            ELECTRIC MOTORS MARKET, BY VOLTAGE              69

4.6            ELECTRIC MOTORS MARKET, BY ROTOR TYPE        69

4.7            ELECTRIC MOTORS MARKET, BY OUTPUT POWER 69

4.8            ELECTRIC MOTORS MARKET, BY END USER           70

5               MARKET OVERVIEW 71

5.1            INTRODUCTION        71

5.2            MARKET DYNAMICS                 71

5.2.1        DRIVERS  72

5.2.1.1     Increasing demand for HVAC systems in residential, commercial, and industrial sectors                  72

5.2.1.2     Growing demand in manufacturing industries        72

5.2.1.3     Adoption of industrial automation and robotics and shift toward smart manufacturing                  73

5.2.1.4     Rising demand for energy-efficient motors             73

5.2.1.5     Increasing mechanization in agriculture sector      73

5.2.2        RESTRAINTS             74

5.2.2.1     Fluctuating prices of raw materials         74

5.2.2.2     Implementation of stringent regulatory standards 74

5.2.3        OPPORTUNITIES      75

5.2.3.1     Transition of automotive industry toward electric vehicles    75

5.2.3.2     Growing adoption of robotics technology                 75

5.2.4        CHALLENGES           76

5.2.4.1     Easy availability of low-quality and inexpensive electric motors             76

5.2.4.2     Shortage of components and supply chain issues 76

5.3            TRENDS/DISRUPTIONS IMPACTING CUSTOMER’S BUSINESS                77

5.4            VALUE CHAIN ANALYSIS           77

5.5            VALUE CHAIN ANALYSIS: ELECTRIC MOTORS MARKET           78

5.5.1        RAW MATERIAL PROVIDERS    78

5.5.2        MANUFACTURERS   78

5.5.3        DISTRIBUTORS/RESELLERS   78

5.5.4        END USERS              78

5.5.5        MAINTENANCE/SERVICE PROVIDERS     78

5.6            ECOSYSTEM ANALYSIS            79

5.7            ELECTRIC MOTORS MARKET: ECOSYSTEM MAPPING             79

5.8            MACROECONOMIC INDICATORS              80

5.8.1        INTRODUCTION        80

5.8.2        GDP TRENDS AND FORECASTS               80

5.8.3        MANUFACTURING, VALUE ADDED (CURRENT USD) 81

5.9            CASE STUDY ANALYSIS            82

5.9.1        ENHANCING MOTOR SYSTEM EFFICIENCY THROUGH DIGITALIZATION  82

5.9.2        BUILDING A SUSTAINABLE ELECTRIC MOTOR SUPPLY CHAIN IN UK      82

5.10         ELECTRIC MOTORS MARKET: FUNDING LANDSCAPE              83

5.11         TECHNOLOGY ANALYSIS          83

5.11.1      KEY TECHNOLOGIES                83

5.11.1.1  Integration of IoT     83

5.11.2      COMPLEMENTARY TECHNOLOGIES        84

5.11.2.1  Variable frequency drive          84

5.12         TRADE ANALYSIS     84

5.12.1      HS CODE 850110   84

5.12.1.1  Export scenario       84

5.12.1.2  Import scenario       85

5.12.2      HS CODE 850120   87

5.12.2.1  Export scenario       87

5.12.2.2  Import scenario       88

5.13         PATENT ANALYSIS   90

5.13.1      LIST OF MAJOR PATENTS         91

5.14         KEY CONFERENCES AND EVENTS           92

5.15         PRICING ANALYSIS  93

5.15.1      AVERAGE SELLING PRICE OF ELECTRIC MOTORS OFFERED BY KEY PLAYERS, BY TYPE                  93

5.16         TARIFFS AND REGULATORY LANDSCAPE                 95

5.16.1      TARIFFS RELATED TO ELECTRIC MOTORS               95

5.17         REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS  96

5.17.1      ELECTRIC MOTOR MARKET: CODES AND REGULATIONS        98

5.18         PORTER’S FIVE FORCES ANALYSIS          100

5.18.1      THREAT OF SUBSTITUTES        101

5.18.2      BARGAINING POWER OF SUPPLIERS      101

5.18.3      BARGAINING POWER OF BUYERS            101

5.18.4      THREAT OF NEW ENTRANTS   101

5.18.5      INTENSITY OF COMPETITIVE RIVALRY     102

5.19         KEY STAKEHOLDERS AND BUYING CRITERIA          102

5.19.1      KEY STAKEHOLDERS IN BUYING PROCESS             102

5.19.2      BUYING CRITERIA    103

5.20         IMPACT OF GENERATIVE AI/AI IN ELECTRIC MOTORS MARKET               103

5.20.1      ADOPTION OF GENERATIVE AI/AI IN ELECTRIC MOTORS MARKET          103

5.20.2      IMPACT OF GENERATIVE AI/AI ON KEY END USERS, BY REGION            104

5.20.3      IMPACT OF AI ON ELECTRIC MOTORS MARKET, BY REGION   105

6               ELECTRIC MOTORS MARKET, BY TYPE   106

6.1            INTRODUCTION        107

6.2            AC MOTORS             109

6.2.1        LOW MAINTENANCE AND HIGH POWER TO DRIVE DEMAND  109

6.3            INDUCTION AC MOTORS          110

6.3.1        MOST COMMONLY USED ELECTRIC MOTORS DUE TO THEIR SIMPLICITY AND COST-EFFECTIVENESS      110

6.4            SYNCHRONOUS AC MOTORS  111

6.4.1        ASIA PACIFIC TO BE FASTEST-GROWING MARKET FOR SYNCHRONOUS MOTORS 111

6.5            DC MOTORS             112

6.5.1        EXCELLENT SPEED CONTROL AND HIGH STARTING TORQUE TO PROPEL DEMAND                  112

6.6            BRUSHED DC MOTORS            113

6.6.1        BRUSHED MOTORS TRADITIONALLY PREFERRED DUE TO THEIR EASE OF CONTROL AND COST-EFFECTIVENESS             113

6.7            BRUSHLESS DC MOTORS        114

6.7.1        OFFERS HIGHER EFFICIENCY AND LONGER LIFESPAN THAN OTHER DC MOTORS                  114

7               ELECTRIC MOTORS MARKET, BY POWER RATING  116

7.1            INTRODUCTION        117

7.2            <1 KW MOTORS      118

7.2.1        RISING NEED FOR LOW-MAINTENANCE AND HIGHLY EFFICIENT MOTORS EXPECTED TO DRIVE MARKET        118

7.3            1−2.2 KW MOTORS 119

7.3.1        GROWTH OF WATER & WASTEWATER TREATMENT SECTOR TO BOOST DEMAND 119

7.4            2.2–375 KW MOTORS             120

7.4.1        INCREASING DEMAND IN HEAVY INDUSTRIES TO FUEL MARKET GROWTH            120

7.5            375−900 KW MOTORS           121

7.5.1        INCREASING DEPLOYMENT IN INDUSTRIAL AND TRANSPORTATION SECTORS TO DRIVE MARKET  121

7.6            >900 KW MOTORS 122

7.6.1        ASIA PACIFIC TO DOMINATE MARKET FOR >900 KW MOTORS SEGMENT DURING FORECAST                122

8               ELECTRIC MOTORS MARKET, BY VOLTAGE              124

8.1            INTRODUCTION        125

8.2            LOW VOLTAGE          126

8.2.1        EASE OF OPERATION AND LOW SETUP AND MAINTENANCE COSTS TO DRIVE MARKET                  126

8.3            MEDIUM VOLTAGE   127

8.3.1        OFFER ECONOMIES OF SCALE AND HIGH RELIABILITY            127

8.4            HIGH VOLTAGE         128

8.4.1        RISING AUTOMATION AND INDUSTRIALIZATION IN DEVELOPING COUNTRIES TO DRIVE MARKET  128

9               ELECTRIC MOTORS MARKET, BY ROTOR TYPE        129

9.1            INTRODUCTION        130

9.2            INNER ROTOR          131

9.2.1        INNER ROTOR TO DOMINATE OVERALL MARKET DURING FORECAST PERIOD       131

9.3            OUTER ROTOR          132

9.3.1        GROWTH OF MEDICAL EQUIPMENT MARKET TO CREATE DEMAND FOR OUTER ROTOR MOTORS  132

10             ELECTRIC MOTORS MARKET, BY OUTPUT POWER 133

10.1         INTRODUCTION        134

10.2         <1 HP MOTORS       135

10.2.1      <1 HP MOTORS TO DOMINATE OVERALL MARKET DURING FORECAST PERIOD    135

10.3         >1 HP MOTORS       136

10.3.1      GROWTH IN INDUSTRIAL SECTOR TO BOOST DEMAND          136

11             ELECTRIC MOTORS MARKET, BY END USER           137

11.1         INTRODUCTION        138

11.2         INDUSTRIAL              142

11.2.1      INDUSTRIAL SECTOR TO BE DOMINANT END USER OF ELECTRIC MOTORS           142

11.2.2      MINING & METALS  143

11.2.3      CHEMICAL & PETROCHEMICAL                143

11.2.4      OIL & GAS                 143

11.2.5      CEMENT  144

11.2.6      MANUFACTURING    144

11.2.7      UTILITIES 144

11.2.8      RENEWABLES          144

11.2.9      AEROSPACE & DEFENSE         144

11.2.10   FOOD & BEVERAGE 145

11.2.11   AUTOMATION           145

11.2.12   WATER & WASTEWATER TREATMENT     145

11.3         COMMERCIAL          145

11.3.1      GROWING SMART INFRASTRUCTURE IN DEVELOPED COUNTRIES TO DRIVE MARKET                  145

11.3.2      HOSPITALS               146

11.3.3      OFFICES  146

11.3.4      EDUCATIONAL INSTITUTIONS  146

11.3.5      HOTELS   146

11.3.6      OTHERS   147

11.4         RESIDENTIAL            147

11.4.1      RAPID URBANIZATION AND GROWING POPULATION TO INCREASE USE OF ELECTRIC MOTORS  147

11.4.2      APARTMENTS           148

11.4.3      SINGLE HOUSEHOLDS             148

11.5         TRANSPORTATION   148

11.5.1      INCORPORATION OF NEW ICT TECHNOLOGIES IN VEHICLES TO INCREASE USE OF ELECTRIC MOTORS 148

11.5.2      MARINE   149

11.5.3      AUTOMOTIVE            149

11.5.4      RAILWAYS                 149

11.5.5      OTHERS   149

11.6         AGRICULTURE          149

11.6.1      TRANSITION TO MECHANIZED AGRICULTURE SYSTEMS TO INCREASE DEMAND FOR ELECTRIC MOTORS 149

11.6.2      CROP FARMING       150

11.6.3      LIVESTOCK FARMING               150

12             ELECTRIC MOTORS MARKET, BY REGION                151

12.1         INTRODUCTION        152

12.2         ASIA PACIFIC            154

12.2.1      CHINA      163

12.2.1.1  Rapid industrialization driving demand for electric motors in China      163

12.2.2      JAPAN      168

12.2.2.1  Growing automotive and aerospace industries fueling demand for electric motors                  168

12.2.3      INDIA        173

12.2.3.1  Rapid urbanization and infrastructure development to support market growth    173

12.2.4      SOUTH KOREA         178

12.2.4.1  Growing electronics, automotive, and robotics sectors to drive market in South Korea                  178

12.2.5      AUSTRALIA                183

12.2.5.1  Investments in renewable energy projects to contribute to market growth            183

12.2.6      REST OF ASIA PACIFIC              187

12.3         EUROPE   193

12.3.1      GERMANY                 201

12.3.1.1  Automotive industry to dominate electric motors market in Germany   201

12.3.2      UK            206

12.3.2.1  UK’s commitment to energy efficiency to fuel demand for electric motors            206

12.3.3      ITALY        211

12.3.3.1  Industrial sector to be largest end user of electric motors     211

12.3.4      FRANCE   216

12.3.4.1  Increasing adoption of energy-efficient technologies to support market growth    216

12.3.5      RUSSIA    221

12.3.5.1  Growth of electric vehicles market to generate demand for electric motors          221

12.3.6      SWEDEN  226

12.3.6.1  Industrial and manufacturing sectors to fuel demand for electric motors              226

12.3.7      NORWAY  231

12.3.7.1  Strong hydropower sector to contribute to growth of electric motors market        231

12.3.8      DENMARK                236

12.3.8.1  Presence of strong wind energy sector to create high demand for electric motors                  236

12.3.9      REST OF EUROPE    241

12.4         NORTH AMERICA     246

12.4.1      US             253

12.4.1.1  Infrastructure and renewable energy initiatives to support market growth             253

12.4.2      CANADA   258

12.4.2.1  Increasing industrial automation and rising adoption of electric vehicles boosting market                  258

12.4.3      MEXICO   263

12.4.3.1  Investments and technological advancements playing vital role in Mexican electric motors market     263

12.5         MIDDLE EAST & AFRICA           269

12.5.1      GCC          277

12.5.1.1.1                Significant investments in solar and wind energy projects to support demand for electric motors        277

12.5.1.2  Saudi Arabia             282

12.5.1.2.1                Implementation of mega projects fueling demand for electric motors  282

12.5.1.3  UAE           288

12.5.1.3.1                Smart city projects to boost demand for electric motors in UAE              288

12.5.1.4  Rest of GCC              292

12.5.1.5  South Africa             297

12.5.1.5.1                Government initiatives to drive market in South Africa           297

12.5.1.6  Rest of Middle East & Africa   302

12.5.2      SOUTH AMERICA      307

12.5.3      BRAZIL     314

12.5.3.1  Expansion in energy sector to provide growth opportunities for electric motors market                  314

12.5.4      ARGENTINA               320

12.5.4.1  Government initiatives to promote industrial growth to support market growth    320

12.5.5      REST OF SOUTH AMERICA       324

13             COMPETITIVE LANDSCAPE      330

13.1         OVERVIEW                330

13.2         KEY PLAYER STRATEGIES/RIGHT TO WIN, 2020–2024         330

13.3         MARKET SHARE ANALYSIS, 2023            332

13.4         REVENUE ANALYSIS OF TOP FOUR PLAYERS, 2019–2023    333

13.5         COMPANY VALUATION AND FINANCIAL METRICS   333

13.6         BRAND/PRODUCT COMPARISON            335

13.7         COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023            336

13.7.1      STARS      336

13.7.2      EMERGING LEADERS               336

13.7.3      PERVASIVE PLAYERS                336

13.7.4      PARTICIPANTS         336

13.7.5      COMPANY FOOTPRINT: KEY PLAYERS, 2023          338

13.7.5.1  Company footprint  338

13.7.5.2  Type footprint           339

13.7.5.3  Power rating footprint              340

13.7.5.4  Voltage footprint      341

13.7.5.5  End user footprint   342

13.7.5.6  Region footprint       343

13.8         COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023     344

13.8.1      PROGRESSIVE COMPANIES    344

13.8.2      RESPONSIVE COMPANIES       344

13.8.3      DYNAMIC COMPANIES             344

13.8.4      STARTING BLOCKS 344

13.8.5      COMPETITIVE BENCHMARKING               346

13.8.5.1  Detailed list of key startups/SMEs          346

13.8.5.2  Competitive benchmarking of key startups/SMEs 347

13.9         COMPETITIVE SCENARIOS       347

13.9.1      PRODUCT LAUNCHES               347

13.9.2      DEALS      350

13.9.3      EXPANSIONS            352

13.9.4      OTHER DEVELOPMENTS          353

14             COMPANY PROFILES                356

14.1         KEY PLAYERS           356

14.1.1      ABB          356

14.1.1.1  Business overview  356

14.1.1.2  Products/Services/Solutions offered     357

14.1.1.3  Recent developments              359

14.1.1.3.1                Product launches    359

14.1.1.3.2                Deals       360

14.1.1.3.3                Other developments                360

14.1.1.4  MnM view                 362

14.1.1.4.1                Key strengths           362

14.1.1.4.2                Strategic choices     362

14.1.1.4.3                Weaknesses and competitive threats    362

14.1.2      SIEMENS 363

14.1.2.1  Business overview  363

14.1.2.2  Products/Services/Solutions offered     364

14.1.2.3  Recent developments              365

14.1.2.3.1                Product launches    365

14.1.2.3.2                Deals       365

14.1.2.3.3                Other developments                366

14.1.2.3.4                Expansions               367

14.1.2.4  MnM view                 367

14.1.2.4.1                Key strengths           367

14.1.2.4.2                Strategic choices     367

14.1.2.4.3                Weaknesses and competitive threats    367

14.1.3      NIDEC CORPORATION              368

14.1.3.1  Business overview  368

14.1.3.2  Products/Services/Solutions offered     369

14.1.3.3  Recent developments              370

14.1.3.3.1                Product launches    370

14.1.3.3.2                Deals       372

14.1.3.3.3                Expansions               373

14.1.3.4  MnM view                 373

14.1.3.4.1                Key strengths           373

14.1.3.4.2                Strategic choices     373

14.1.3.4.3                Weaknesses and competitive threats    373

14.1.4      HITACHI, LTD            374

14.1.4.1  Business overview  374

14.1.4.2  Products/Services/Solutions offered     375

14.1.4.3  MnM view                 376

14.1.4.3.1                Key strengths           376

14.1.4.3.2                Strategic choices     376

14.1.4.3.3                Weaknesses and competitive threats    376

14.1.5      WEG         377

14.1.5.1  Business overview  377

14.1.5.2  Products/Services/Solutions offered     378

14.1.5.3  Recent developments              379

14.1.5.3.1                Product launches    379

14.1.5.3.2                Deals       380

14.1.5.3.3                Other developments                380

14.1.5.4  MnM view                 381

14.1.5.4.1                Key strengths           381

14.1.5.4.2                Strategic choices     381

14.1.5.4.3                Weaknesses and competitive threats    381

14.1.6      WOLONG ELECTRIC GROUP    382

14.1.6.1  Business overview  382

14.1.6.2  Products/Services/Solutions offered     382

14.1.6.3  Recent developments              383

14.1.6.3.1                Product launches    383

14.1.6.3.2                Deals       383

14.1.6.4  MnM view                 383

14.1.6.4.1                Key strengths           383

14.1.6.4.2                Strategic choices     384

14.1.6.4.3                Weaknesses and competitive threats    384

14.1.7      ROBERT BOSCH GMBH            385

14.1.7.1  Business overview  385

14.1.7.2  Products/Services/Solutions offered     386

14.1.8      REGAL REXNORD CORPORATION            388

14.1.8.1  Business overview  388

14.1.8.2  Products/Services/Solutions offered     389

14.1.8.3  Recent developments              390

14.1.8.3.1                Product launches    390

14.1.8.3.2                Deals       390

14.1.9      TOSHIBA CORPORATION          392

14.1.9.1  Business overview  392

14.1.9.2  Products/Services/Solutions offered     393

14.1.9.3  Recent developments              394

14.1.9.3.1                Product launches    394

14.1.9.3.2                Deals       395

14.1.10   ROCKWELL AUTOMATION        396

14.1.10.1                 Business overview  396

14.1.10.2                 Products/Solutions/Services offered     397

14.1.10.3                 Recent developments              398

14.1.10.3.1              Product launches    398

14.1.10.3.2              Deals       399

14.1.11   FRANKLIN ELECTRIC                400

14.1.11.1                 Business overview  400

14.1.11.2                 Products/Solutions/Services offered     402

14.1.11.3                 Recent developments              402

14.1.11.3.1              Deals       402

14.1.12   HYOSUNG HEAVY INDUSTRIES                 403

14.1.12.1                 Business overview  403

14.1.12.2                 Products/Services/Solutions offered     404

14.1.13   TECO ELECTRIC & MACHINERY                405

14.1.13.1                 Business overview  405

14.1.13.2                 Products/Services/Solutions offered     406

14.1.14   JOHNSON ELECTRIC HOLDINGS LIMITED                 408

14.1.14.1                 Business overview  408

14.1.14.2                 Products/Services/Solutions offered     409

14.1.14.3                 Recent developments              411

14.1.14.3.1              Product launches    411

14.1.14.3.2              Deals       412

14.1.15   AMETEK, INC.           413

14.1.15.1                 Business overview  413

14.1.15.2                 Products/Solutions/Services offered     414

14.1.15.3                 Recent developments              415

14.1.15.3.1              Product launches    415

14.1.15.3.2              Deals       415

14.1.16   ALLIED MOTION, INC.               416

14.1.16.1                 Business overview  416

14.1.16.2                 Products/Solutions/Services offered     417

14.1.16.3                 Recent developments              419

14.1.16.3.1              Deals       419

14.1.17   BÜHLER MOTOR GMBH           420

14.1.17.1                 Business overview  420

14.1.17.2                 Products/Solutions/Services offered     420

14.1.18   FAULHABER GROUP 421

14.1.18.1                 Business overview  421

14.1.18.2                 Products/Services/Solutions offered     421

14.1.18.3                 Recent developments              422

14.1.18.3.1              Product launches    422

14.1.19   MAXON    423

14.1.19.1                 Business overview  423

14.1.19.2                 Products/Solutions/Services offered     423

14.1.19.3                 Recent developments              424

14.1.19.3.1              Product launches    424

14.1.20   ARC SYSTEMS INC. 425

14.1.20.1                 Business overview  425

14.1.20.2                 Products/Solutions/Services offered     425

14.2         WINDINGS INC         426

14.3         BROOK CROMPTON HOLDINGS PTE LTD.                426

14.4         YASKAWA ELECTRIC CORPORATION       427

14.5         SHANDONG HUALI ELECTROMECHANICAL CO., LTD.               428

14.6         PIELA ELECTRIC, INC.               429

15             APPENDIX                 430

15.1         INSIGHTS OF INDUSTRY EXPERTS           430

15.2         DISCUSSION GUIDE 431

15.3         KNOWLEDGESTORE: MARKETSANDMARKETS’  SUBSCRIPTION PORTAL             436

15.4         CUSTOMIZATION OPTIONS      438

15.5         RELATED REPORTS 438

15.6         AUTHOR DETAILS     439

LIST OF TABLES

TABLE 1   ELECTRIC MOTORS MARKET SNAPSHOT                 62

TABLE 2   ELECTRIC MOTORS MARKET: COMPANIES AND THEIR ROLE IN ECOSYSTEM        79

TABLE 3   WORLD GDP GROWTH PROJECTION, 2021–2028 (USD TRILLION)        80

TABLE 4   MANUFACTURING, VALUE ADDED (CURRENT USD), 2020–2023 (USD BILLION)  81

TABLE 5   EXPORT DATA FOR HS CODE 850110, BY COUNTRY, 2021–2023 (USD THOUSAND)                  84

TABLE 6   IMPORT SCENARIO FOR HS CODE 850110, BY COUNTRY, 2021–2023 (USD THOUSAND)                  85

TABLE 7   EXPORT DATA FOR HS CODE 850120, BY COUNTRY, 2021–2023 (USD THOUSAND)                  87

TABLE 8   IMPORT SCENARIO FOR HS CODE 850120, BY COUNTRY, 2021–2023 (USD THOUSAND)                  88

TABLE 9   ELECTRIC MOTORS MARKET: LIST OF CONFERENCES AND EVENTS, 2023–2024                  92

TABLE 10 AVERAGE SELLING PRICE (ASP) OF ELECTRIC MOTORS OFFERED BY THREE KEY PLAYERS, BY TYPE (USD/UNIT)                 93

TABLE 11 AVERAGE PRICING ANALYSIS, BY REGION (USD/UNIT)           94

TABLE 12 AVERAGE MANUFACTURING COST OF ELECTRIC MOTORS, BY END USER (USD)   94

TABLE 13 PROFIT MARGIN (%) OF ELECTRIC MOTORS, BY END USER (USD)          94

TABLE 14 IMPORT TARIFFS FOR HS 850110-COMPLIANT PRODUCTS, 2023        95

TABLE 15 IMPORT TARIFFS FOR HS 850120-COMPLIANT PRODUCTS, 2023        96

TABLE 16 NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS      96

TABLE 17 EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS                  97

TABLE 18 ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS      97

TABLE 19 MIDDLE EAST & AFRICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS      97

TABLE 20 NORTH AMERICA: CODES AND REGULATIONS        98

TABLE 21 ASIA PACIFIC: CODES AND REGULATIONS                98

TABLE 22 EUROPE: CODES AND REGULATIONS      98

TABLE 23 GLOBAL: CODES AND REGULATIONS       99

TABLE 24 ELECTRIC MOTORS MARKET: PORTER’S FIVE FORCES ANALYSIS          100

TABLE 25 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS, BY END USER 102

TABLE 26 KEY BUYING CRITERIA FOR END USERS 103

TABLE 27 ELECTRIC MOTORS MARKET, BY TYPE, 2020–2023 (USD MILLION)     107

TABLE 28 ELECTRIC MOTORS MARKET, BY TYPE, 2024–2029 (USD MILLION)     107

TABLE 29 ELECTRIC MOTORS MARKET, BY TYPE, 2020–2023 (MILLION UNIT)    108

TABLE 30 ELECTRIC MOTORS MARKET, BY TYPE, 2024–2029 (MILLION UNIT)    108

TABLE 31 AC MOTORS: ELECTRIC MOTORS MARKET, BY TYPE, 2020–2023 (USD MILLION)                  108

TABLE 32 AC MOTORS: ELECTRIC MOTORS MARKET, BY TYPE, 2024–2029 (USD MILLION)                  108

TABLE 33 DC MOTORS: ELECTRIC MOTORS MARKET, BY TYPE, 2020–2023 (USD MILLION)                  108

TABLE 34 DC MOTORS: ELECTRIC MOTORS MARKET, BY TYPE, 2024–2029 (USD MILLION)                  109

TABLE 35 AC MOTORS: ELECTRIC MOTORS MARKET, BY REGION, 2020–2023 (USD MILLION)                  109

TABLE 36 AC MOTORS: ELECTRIC MOTORS MARKET, BY REGION, 2024–2029 (USD MILLION)                  110

TABLE 37 INDUCTION AC MOTORS: ELECTRIC MOTORS MARKET, BY REGION,  2020–2023 (USD MILLION) 110

TABLE 38 INDUCTION AC MOTORS: ELECTRIC MOTORS MARKET, BY REGION,  2024–2029 (USD MILLION) 111

TABLE 39 SYNCHRONOUS AC MOTORS: ELECTRIC MOTORS MARKET, BY REGION,  2020–2023 (USD MILLION)         111

TABLE 40 SYNCHRONOUS AC MOTORS: ELECTRIC MOTORS MARKET, BY REGION,  2024–2029 (USD MILLION)         112

TABLE 41 DC MOTORS: ELECTRIC MOTORS MARKET, BY REGION, 2020–2023 (USD MILLION)                  113

TABLE 42 DC MOTORS: ELECTRIC MOTORS MARKET, BY REGION, 2024–2029 (USD MILLION)                  113

TABLE 43 BRUSHED DC MOTORS: ELECTRIC MOTORS MARKET, BY REGION,  2020–2023 (USD MILLION) 114

TABLE 44 BRUSHED DC MOTORS: ELECTRIC MOTORS MARKET, BY REGION,  2024–2029 (USD MILLION) 114

TABLE 45 BRUSHLESS DC MOTORS: ELECTRIC MOTORS MARKET, BY REGION,  2020–2023 (USD MILLION) 115

TABLE 46 BRUSHLESS DC MOTORS: ELECTRIC MOTORS MARKET, BY REGION,  2024–2029 (USD MILLION) 115

TABLE 47 ELECTRIC MOTORS MARKET, BY POWER RATING, 2020−2023 (USD MILLION)    117

TABLE 48 ELECTRIC MOTORS MARKET, BY POWER RATING, 2024–2029 (USD MILLION)    118

TABLE 49 <1 KW MOTORS: ELECTRIC MOTORS MARKET, BY REGION, 2020−2023 (USD MILLION)                  118

TABLE 50 <1 KW MOTORS: ELECTRIC MOTORS MARKET, BY REGION, 2024−2029 (USD MILLION)                  119

TABLE 51 1−2.2 KW MOTORS: ELECTRIC MOTORS MARKET, BY REGION,  2020−2023 (USD MILLION) 119

TABLE 52 1−2.2 KW MOTORS: ELECTRIC MOTORS MARKET, BY REGION,  2024−2029 (USD MILLION) 120

TABLE 53 2.2−375 KW MOTORS: ELECTRIC MOTORS MARKET, BY REGION,  2020−2023 (USD MILLION) 120

TABLE 54 2.2−375 KW MOTORS: ELECTRIC MOTORS MARKET, BY REGION,  2024−2029 (USD MILLION) 121

TABLE 55 375−900 KW MOTORS: ELECTRIC MOTORS MARKET, BY REGION,  2020−2023 (USD MILLION) 121

TABLE 56 375−900 KW MOTORS: ELECTRIC MOTORS MARKET, BY REGION,  2024−2029 (USD MILLION) 122

TABLE 57 >900 KW MOTORS: ELECTRIC MOTORS MARKET, BY REGION, 2020−2023 (USD MILLION)                  122

TABLE 58 >900 KW MOTORS: ELECTRIC MOTORS MARKET, BY REGION, 2024−2029 (USD MILLION)                  123

TABLE 59 ELECTRIC MOTORS MARKET, BY VOLTAGE, 2020–2023 (USD MILLION)               125

TABLE 60 ELECTRIC MOTORS MARKET, BY VOLTAGE, 2024–2029 (USD MILLION)               125

TABLE 61 LOW VOLTAGE: ELECTRIC MOTORS MARKET, BY REGION, 2020–2023 (USD MILLION)                  126

TABLE 62 LOW VOLTAGE: ELECTRIC MOTORS MARKET, BY REGION, 2024–2029 (USD MILLION)                  126

TABLE 63 MEDIUM VOLTAGE: ELECTRIC MOTORS MARKET, BY REGION, 2020–2023 (USD MILLION)                  127

TABLE 64 MEDIUM VOLTAGE: ELECTRIC MOTORS MARKET, BY REGION, 2024–2029 (USD MILLION)                  127

TABLE 65 HIGH VOLTAGE: ELECTRIC MOTORS MARKET, BY REGION, 2020–2023 (USD MILLION)                  128

TABLE 66 HIGH VOLTAGE: ELECTRIC MOTORS MARKET, BY REGION, 2024–2029 (USD MILLION)                  128

TABLE 67 ELECTRIC MOTORS MARKET, BY ROTOR TYPE, 2020–2023 (USD MILLION)         130

TABLE 68 ELECTRIC MOTORS MARKET, BY ROTOR TYPE, 2024–2029 (USD MILLION)         130

TABLE 69 INNER ROTOR: ELECTRIC MOTORS MARKET, BY REGION, 2020–2023 (USD MILLION)                  131

TABLE 70 INNER ROTOR: ELECTRIC MOTORS MARKET, BY REGION, 2024–2029 (USD MILLION)                  131

TABLE 71 OUTER ROTOR: ELECTRIC MOTORS MARKET, BY REGION, 2020–2023 (USD MILLION)                  132

TABLE 72 OUTER ROTOR: ELECTRIC MOTORS MARKET, BY REGION, 2024–2029 (USD MILLION)                  132

TABLE 73 ELECTRIC MOTORS MARKET, BY OUTPUT POWER, 2020–2023 (USD MILLION)   134

TABLE 74 ELECTRIC MOTORS MARKET, BY OUTPUT POWER, 2024–2029 (USD MILLION)   134

TABLE 75 <1 HP MOTORS: ELECTRIC MOTORS MARKET, BY REGION, 2020–2023 (USD MILLION)                  135

TABLE 76 <1 HP MOTORS: ELECTRIC MOTORS MARKET, BY REGION, 2024–2029 (USD MILLION)                  135

TABLE 77 >1 HP MOTORS: ELECTRIC MOTORS MARKET, BY REGION, 2020–2023 (USD MILLION)                  136

TABLE 78 >1 HP MOTORS: ELECTRIC MOTORS MARKET, BY REGION, 2024–2029 (USD MILLION)                  136

TABLE 79 ELECTRIC MOTORS MARKET, BY END USER, 2020–2023 (USD MILLION)             138

TABLE 80 ELECTRIC MOTORS MARKET, BY END USER, 2024–2029 (USD MILLION)             139

TABLE 81 ELECTRIC MOTORS MARKET IN INDUSTRIAL, 2020–2023 (USD MILLION)            139

TABLE 82 ELECTRIC MOTORS MARKET IN INDUSTRIAL, 2024–2029 (USD MILLION)            140

TABLE 83 ELECTRIC MOTORS MARKET IN COMMERCIAL, 2020–2023 (USD MILLION)         140

TABLE 84 ELECTRIC MOTORS MARKET IN COMMERCIAL, 2024–2029 (USD MILLION)         140

TABLE 85 ELECTRIC MOTORS MARKET IN RESIDENTIAL, 2020–2023 (USD MILLION)          141

TABLE 86 ELECTRIC MOTORS MARKET IN RESIDENTIAL, 2024–2029 (USD MILLION)          141

TABLE 87 ELECTRIC MOTORS MARKET IN TRANSPORTATION, 2020–2023 (USD MILLION) 141

TABLE 88 ELECTRIC MOTORS MARKET IN TRANSPORTATION, 2024–2029 (USD MILLION) 141

TABLE 89 ELECTRIC MOTORS MARKET IN AGRICULTURE, 2020–2023 (USD MILLION)        142

TABLE 90 ELECTRIC MOTORS MARKET IN AGRICULTURE, 2024–2029 (USD MILLION)        142

TABLE 91 INDUSTRIAL: ELECTRIC MOTORS MARKET, BY REGION, 2020–2023 (USD MILLION)                  143

TABLE 92 INDUSTRIAL: ELECTRIC MOTORS MARKET, BY REGION, 2024–2029 (USD MILLION)                  143

TABLE 93 COMMERCIAL: ELECTRIC MOTORS MARKET, BY REGION, 2020–2023 (USD MILLION)                  146

TABLE 94 COMMERCIAL: ELECTRIC MOTORS MARKET, BY REGION, 2024–2029 (USD MILLION)                  146

TABLE 95 RESIDENTIAL: ELECTRIC MOTORS MARKET, BY REGION, 2020–2023 (USD MILLION)                  147

TABLE 96 RESIDENTIAL: ELECTRIC MOTORS MARKET, BY REGION, 2024–2029 (USD MILLION)                  147

TABLE 97 TRANSPORTATION: ELECTRIC MOTORS MARKET, BY REGION, 2020–2023 (USD MILLION)                  148

TABLE 98 TRANSPORTATION: ELECTRIC MOTORS MARKET, BY REGION, 2024–2029 (USD MILLION)                  148

TABLE 99 AGRICULTURE: ELECTRIC MOTORS MARKET, BY REGION, 2020–2023 (USD MILLION)                  150

TABLE 100               AGRICULTURE: ELECTRIC MOTORS MARKET, BY REGION, 2024–2029 (USD MILLION) 150

TABLE 101               ELECTRIC MOTORS MARKET, BY REGION, 2020–2023 (USD MILLION)                  153

TABLE 102               ELECTRIC MOTORS MARKET, BY REGION, 2024–2029 (USD MILLION)                  153

TABLE 103               ELECTRIC MOTORS MARKET, BY REGION, 2020–2023 (MILLION UNITS)                  154

TABLE 104               ELECTRIC MOTORS MARKET, BY REGION, 2024–2029 (USD UNITS)    154

TABLE 105               ASIA PACIFIC: ELECTRIC MOTORS MARKET, BY TYPE, 2020–2023 (USD MILLION) 155

TABLE 106               ASIA PACIFIC: ELECTRIC MOTORS MARKET, BY TYPE, 2024–2029 (USD MILLION) 156

TABLE 107               ASIA PACIFIC: ELECTRIC MOTORS MARKET, BY ROTOR TYPE,  2020–2023 (USD MILLION)         156

TABLE 108               ASIA PACIFIC: ELECTRIC MOTORS MARKET, BY ROTOR TYPE,  2024–2029 (USD MILLION)         156

TABLE 109               ASIA PACIFIC: ELECTRIC MOTORS MARKET, BY OUTPUT POWER,  2020–2023 (USD MILLION)         156

TABLE 110               ASIA PACIFIC: ELECTRIC MOTORS MARKET, BY OUTPUT POWER,  2024–2029 (USD MILLION)         157

TABLE 111               ASIA PACIFIC: ELECTRIC MOTORS MARKET, BY POWER RATING,  2020–2023 (USD MILLION)         157

TABLE 112               ASIA PACIFIC: ELECTRIC MOTORS MARKET, BY POWER RATING,  2024–2029 (USD MILLION)         157

TABLE 113               ASIA PACIFIC: ELECTRIC MOTORS MARKET, BY VOLTAGE, 2020–2023 (USD MILLION) 158

TABLE 114               ASIA PACIFIC: ELECTRIC MOTORS MARKET, BY VOLTAGE, 2024–2029 (USD MILLION) 158

TABLE 115               ASIA PACIFIC: ELECTRIC MOTORS MARKET, BY END USER, 2020–2023 (USD MILLION) 158

TABLE 116               ASIA PACIFIC: ELECTRIC MOTORS MARKET, BY END USER, 2024–2029 (USD MILLION) 158

TABLE 117               ASIA PACIFIC: ELECTRIC MOTORS MARKET, BY INDUSTRIAL END USER,  2020–2023 (USD MILLION)                159

TABLE 118               ASIA PACIFIC: ELECTRIC MOTORS MARKET, BY INDUSTRIAL END USER,  2024–2029 (USD MILLION)                159

TABLE 119               ASIA PACIFIC: ELECTRIC MOTORS MARKET, BY COMMERCIAL END USER,  2020–2023 (USD MILLION)   160

TABLE 120               ASIA PACIFIC: ELECTRIC MOTORS MARKET, BY COMMERCIAL END USER,  2024–2029 (USD MILLION)   160

TABLE 121               ASIA PACIFIC: ELECTRIC MOTORS MARKET, BY RESIDENTIAL END USER,  2020–2023 (USD MILLION)   160

TABLE 122               ASIA PACIFIC: ELECTRIC MOTORS MARKET, BY RESIDENTIAL END USER,  2024–2029 (USD MILLION)   161

TABLE 123               ASIA PACIFIC: ELECTRIC MOTORS MARKET, BY AGRICULTURE END USER,  2020–2023 (USD MILLION)   161

TABLE 124               ASIA PACIFIC: ELECTRIC MOTORS MARKET, BY AGRICULTURE END USER,  2024–2029 (USD MILLION)   161

TABLE 125               ASIA PACIFIC: ELECTRIC MOTORS MARKET, BY TRANSPORTATION END USER, 2020–2023 (USD MILLION)   161

TABLE 126               ASIA PACIFIC: ELECTRIC MOTORS MARKET, BY TRANSPORTATION END USER, 2024–2029 (USD MILLION)   162

TABLE 127               ASIA PACIFIC: ELECTRIC MOTORS MARKET, BY COUNTRY, 2020–2023 (USD MILLION) 162

TABLE 128               ASIA PACIFIC: ELECTRIC MOTORS MARKET, BY COUNTRY,  2024–2029 (USD MILLION) 162

TABLE 129               CHINA: ELECTRIC MOTORS MARKET, BY TYPE, 2020–2023 (USD MILLION)                  163

TABLE 130               CHINA: ELECTRIC MOTORS MARKET, BY TYPE, 2024–2029 (USD MILLION)                  163

TABLE 131               CHINA: ELECTRIC MOTORS MARKET, BY END USER, 2020–2023 (USD MILLION)                  163

TABLE 132               CHINA: ELECTRIC MOTORS MARKET, BY END USER, 2024–2029 (USD MILLION)                  164

TABLE 133               CHINA: ELECTRIC MOTORS MARKET, BY INDUSTRIAL END USER,  2020–2023 (USD MILLION)         164

TABLE 134               CHINA: ELECTRIC MOTORS MARKET, BY INDUSTRIAL END USER,  2024–2029 (USD MILLION)         165

TABLE 135               CHINA: ELECTRIC MOTORS MARKET, BY COMMERCIAL END USER,  2020–2023 (USD MILLION)                165

TABLE 136               CHINA: ELECTRIC MOTORS MARKET, BY COMMERCIAL END USER,  2024–2029 (USD MILLION)                166

TABLE 137               CHINA: ELECTRIC MOTORS MARKET, BY RESIDENTIAL END USER,  2020–2023 (USD MILLION)                166

TABLE 138               CHINA: ELECTRIC MOTORS MARKET, BY RESIDENTIAL END USER,  2024–2029 (USD MILLION)                166

TABLE 139               CHINA: ELECTRIC MOTORS MARKET, BY AGRICULTURE END USER,  2020–2023 (USD MILLION)                166

TABLE 140               CHINA: ELECTRIC MOTORS MARKET, BY AGRICULTURE END USER,  2024–2029 (USD MILLION)                167

TABLE 141               CHINA: ELECTRIC MOTORS MARKET, BY TRANSPORTATION END USER, 2020–2023 (USD MILLION)                167

TABLE 142               CHINA: ELECTRIC MOTORS MARKET, BY TRANSPORTATION END USER, 2024–2029 (USD MILLION)                167

TABLE 143               JAPAN: ELECTRIC MOTORS MARKET, BY TYPE, 2020–2023 (USD MILLION)                  168

TABLE 144               JAPAN: ELECTRIC MOTORS MARKET, BY TYPE, 2024–2029 (USD MILLION)                  168

TABLE 145               JAPAN: ELECTRIC MOTORS MARKET, BY END USER, 2020–2023 (USD MILLION)                  168

TABLE 146               JAPAN: ELECTRIC MOTORS MARKET, BY END USER, 2024–2029 (USD MILLION)                  169

TABLE 147               JAPAN: ELECTRIC MOTORS MARKET, BY INDUSTRIAL END USER,  2020–2023 (USD MILLION)         169

TABLE 148               JAPAN: ELECTRIC MOTORS MARKET, BY INDUSTRIAL END USER,  2024–2029 (USD MILLION)         170

TABLE 149               JAPAN: ELECTRIC MOTORS MARKET, BY COMMERCIAL END USER,  2020–2023 (USD MILLION)                170

TABLE 150               JAPAN: ELECTRIC MOTORS MARKET, BY COMMERCIAL END USER,  2024–2029 (USD MILLION)                171

TABLE 151               JAPAN: ELECTRIC MOTORS MARKET, BY RESIDENTIAL END USER,  2020–2023 (USD MILLION)                171

TABLE 152               JAPAN: ELECTRIC MOTORS MARKET, BY RESIDENTIAL END USER,  2024–2029 (USD MILLION)                171

TABLE 153               JAPAN: ELECTRIC MOTORS MARKET, BY AGRICULTURE END USER,  2020–2023 (USD MILLION)                171

TABLE 154               JAPAN: ELECTRIC MOTORS MARKET, BY AGRICULTURE END USER,  2024–2029 (USD MILLION)                172

TABLE 155               JAPAN: ELECTRIC MOTORS MARKET, BY TRANSPORTATION END USER, 2020–2023 (USD MILLION)                172

TABLE 156               JAPAN: ELECTRIC MOTORS MARKET, BY TRANSPORTATION END USER, 2024–2029 (USD MILLION)                172

TABLE 157               INDIA: ELECTRIC MOTORS MARKET, BY TYPE, 2020–2023 (USD MILLION)                  173

TABLE 158               INDIA: ELECTRIC MOTORS MARKET, BY TYPE, 2024–2029 (USD MILLION)                  173

TABLE 159               INDIA: ELECTRIC MOTORS MARKET, BY END USER, 2020–2023 (USD MILLION)                  174

TABLE 160               INDIA: ELECTRIC MOTORS MARKET, BY END USER, 2024–2029 (USD MILLION)                  174

TABLE 161               INDIA: ELECTRIC MOTORS MARKET, BY INDUSTRIAL END USER,  2020–2023 (USD MILLION)         174

TABLE 162               INDIA: ELECTRIC MOTORS MARKET, BY INDUSTRIAL END USER,  2024–2029 (USD MILLION)         175

TABLE 163               INDIA: ELECTRIC MOTORS MARKET, BY COMMERCIAL END USER,  2020–2023 (USD MILLION)                175

TABLE 164               INDIA: ELECTRIC MOTORS MARKET, BY COMMERCIAL END USER,  2024–2029 (USD MILLION)                176

TABLE 165               INDIA: ELECTRIC MOTORS MARKET, BY RESIDENTIAL END USER,  2020–2023 (USD MILLION)         176

TABLE 166               INDIA: ELECTRIC MOTORS MARKET, BY RESIDENTIAL END USER,  2024–2029 (USD MILLION)         176

TABLE 167               INDIA: ELECTRIC MOTORS MARKET, BY AGRICULTURE END USER,  2020–2023 (USD MILLION)                176

TABLE 168               INDIA: ELECTRIC MOTORS MARKET, BY AGRICULTURE END USER,  2024–2029 (USD MILLION)                177

TABLE 169               INDIA: ELECTRIC MOTORS MARKET, BY TRANSPORTATION END USER, 2020–2023 (USD MILLION)                177

TABLE 170               INDIA: ELECTRIC MOTORS MARKET, BY TRANSPORTATION END USER, 2024–2029 (USD MILLION)                177

TABLE 171               SOUTH KOREA: ELECTRIC MOTORS MARKET, BY TYPE, 2020–2023 (USD MILLION) 178

TABLE 172               SOUTH KOREA: ELECTRIC MOTORS MARKET, BY TYPE, 2024–2029 (USD MILLION) 178

TABLE 173               SOUTH KOREA: ELECTRIC MOTORS MARKET, BY END USER, 2020–2023 (USD MILLION) 178

TABLE 174               SOUTH KOREA: ELECTRIC MOTORS MARKET, BY END USER, 2024–2029 (USD MILLION) 179

TABLE 175               SOUTH KOREA: ELECTRIC MOTORS MARKET, BY INDUSTRIAL END USER,  2020–2023 (USD MILLION)   179

TABLE 176               SOUTH KOREA: ELECTRIC MOTORS MARKET, BY INDUSTRIAL END USER,  2024–2029 (USD MILLION)   180

TABLE 177               SOUTH KOREA: ELECTRIC MOTORS MARKET, BY COMMERCIAL END USER,  2020–2023 (USD MILLION)   180

TABLE 178               SOUTH KOREA: ELECTRIC MOTORS MARKET, BY COMMERCIAL END USER,  2024–2029 (USD MILLION)   181

TABLE 179               SOUTH KOREA: ELECTRIC MOTORS MARKET, BY RESIDENTIAL END USER,  2020–2023 (USD MILLION)   181

TABLE 180               SOUTH KOREA: ELECTRIC MOTORS MARKET, BY RESIDENTIAL END USER,  2024–2029 (USD MILLION)   181

TABLE 181               SOUTH KOREA: ELECTRIC MOTORS MARKET, BY AGRICULTURE END USER,  2020–2023 (USD MILLION)   181

TABLE 182               SOUTH KOREA: ELECTRIC MOTORS MARKET, BY AGRICULTURE END USER,  2024–2029 (USD MILLION)   182

TABLE 183               SOUTH KOREA: ELECTRIC MOTORS MARKET, BY TRANSPORTATION END USER, 2020–2023 (USD MILLION)   182

TABLE 184               SOUTH KOREA: ELECTRIC MOTORS MARKET, BY TRANSPORTATION END USER, 2024–2029 (USD MILLION)   182

TABLE 185               AUSTRALIA: ELECTRIC MOTORS MARKET, BY TYPE, 2020–2023 (USD MILLION)                  183

TABLE 186               AUSTRALIA: ELECTRIC MOTORS MARKET, BY TYPE, 2024–2029 (USD MILLION)                  183

TABLE 187               AUSTRALIA: ELECTRIC MOTORS MARKET, BY END USER, 2020–2023 (USD MILLION) 184

TABLE 188               AUSTRALIA: ELECTRIC MOTORS MARKET, BY END USER, 2024–2029 (USD MILLION) 184

TABLE 189               AUSTRALIA: ELECTRIC MOTORS MARKET, BY INDUSTRIAL END USER,  2020–2023 (USD MILLION)                184

TABLE 190               AUSTRALIA: ELECTRIC MOTORS MARKET, BY INDUSTRIAL END USER,  2024–2029 (USD MILLION)                185

TABLE 191               AUSTRALIA: ELECTRIC MOTORS MARKET, BY COMMERCIAL END USER,  2020–2023 (USD MILLION)   185

TABLE 192               AUSTRALIA: ELECTRIC MOTORS MARKET, BY COMMERCIAL END USER,  2024–2029 (USD MILLION)   186

TABLE 193               AUSTRALIA: ELECTRIC MOTORS MARKET, BY RESIDENTIAL END USER,  2020–2023 (USD MILLION)                186

TABLE 194               AUSTRALIA: ELECTRIC MOTORS MARKET, BY RESIDENTIAL END USER,  2024–2029 (USD MILLION)                186

TABLE 195               AUSTRALIA: ELECTRIC MOTORS MARKET, BY AGRICULTURE END USER,  2020–2023 (USD MILLION)   186

TABLE 196               AUSTRALIA: ELECTRIC MOTORS MARKET, BY AGRICULTURE END USER,  2024–2029 (USD MILLION)   187

TABLE 197               AUSTRALIA: ELECTRIC MOTORS MARKET, BY TRANSPORTATION END USER, 2020–2023 (USD MILLION)   187

TABLE 198               AUSTRALIA: ELECTRIC MOTORS MARKET, BY TRANSPORTATION END USER, 2024–2029 (USD MILLION)   187

TABLE 199               REST OF ASIA PACIFIC: ELECTRIC MOTORS MARKET, BY TYPE, 2020–2023 (USD MILLION) 188

TABLE 200               REST OF ASIA PACIFIC: ELECTRIC MOTORS MARKET, BY TYPE, 2024–2029 (USD MILLION) 188

TABLE 201               REST OF ASIA PACIFIC: ELECTRIC MOTORS MARKET, BY END USER,  2020–2023 (USD MILLION)                188

TABLE 202               REST OF ASIA PACIFIC: ELECTRIC MOTORS MARKET, BY END USER,  2024–2029 (USD MILLION)                189

TABLE 203               REST OF ASIA PACIFIC: ELECTRIC MOTORS MARKET, BY INDUSTRIAL END USER,  2020–2023 (USD MILLION)   189

TABLE 204               REST OF ASIA PACIFIC: ELECTRIC MOTORS MARKET, BY INDUSTRIAL END USER,  2024–2029 (USD MILLION)   190

TABLE 205               REST OF ASIA PACIFIC: ELECTRIC MOTORS MARKET, BY COMMERCIAL END USER,  2020–2023 (USD MILLION)      190

TABLE 206               REST OF ASIA PACIFIC: ELECTRIC MOTORS MARKET, BY COMMERCIAL END USER,  2024–2029 (USD MILLION)      191

TABLE 207               REST OF ASIA PACIFIC: ELECTRIC MOTORS MARKET, BY RESIDENTIAL END USER,  2020–2023 (USD MILLION)      191

TABLE 208               REST OF ASIA PACIFIC: ELECTRIC MOTORS MARKET, BY RESIDENTIAL END USER,  2024–2029 (USD MILLION)      191

TABLE 209               REST OF ASIA PACIFIC: ELECTRIC MOTORS MARKET, BY AGRICULTURE END USER,  2020–2023 (USD MILLION)      191

TABLE 210               REST OF ASIA PACIFIC: ELECTRIC MOTORS MARKET, BY AGRICULTURE END USER,  2024–2029 (USD MILLION)      192

TABLE 211               REST OF ASIA PACIFIC: ELECTRIC MOTORS MARKET, BY TRANSPORTATION END USER, 2020–2023 (USD MILLION)         192

TABLE 212               REST OF ASIA PACIFIC: ELECTRIC MOTORS MARKET, BY TRANSPORTATION END USER, 2024–2029 (USD MILLION)         192

TABLE 213               EUROPE: ELECTRIC MOTORS MARKET, BY TYPE, 2020–2023 (USD MILLION)                  194

TABLE 214               EUROPE: ELECTRIC MOTORS MARKET, BY TYPE, 2024–2029 (USD MILLION)                  194

TABLE 215               EUROPE: ELECTRIC MOTORS MARKET, BY ROTOR TYPE, 2020–2023 (USD MILLION) 194

TABLE 216               EUROPE: ELECTRIC MOTORS MARKET, BY ROTOR TYPE, 2024–2029 (USD MILLION) 194

TABLE 217               EUROPE: ELECTRIC MOTORS MARKET, BY OUTPUT POWER, 2020–2023 (USD MILLION) 195

TABLE 218               EUROPE: ELECTRIC MOTORS MARKET, BY OUTPUT POWER, 2024–2029 (USD MILLION) 195

TABLE 219               EUROPE: ELECTRIC MOTORS MARKET, BY POWER RATING, 2020–2023 (USD MILLION) 195

TABLE 220               EUROPE: ELECTRIC MOTORS MARKET, BY POWER RATING, 2024–2029 (USD MILLION) 195

TABLE 221               EUROPE: ELECTRIC MOTORS MARKET, BY VOLTAGE, 2020–2023 (USD MILLION) 196

TABLE 222               EUROPE: ELECTRIC MOTORS MARKET, BY VOLTAGE, 2024–2029 (USD MILLION) 196

TABLE 223               EUROPE: ELECTRIC MOTORS MARKET, BY END USER, 2020–2023 (USD MILLION) 196

TABLE 224               EUROPE: ELECTRIC MOTORS MARKET, BY END USER, 2024–2029 (USD MILLION) 196

TABLE 225               EUROPE: ELECTRIC MOTORS MARKET, BY INDUSTRIAL END USER,  2020–2023 (USD MILLION)                197

TABLE 226               EUROPE: ELECTRIC MOTORS MARKET, BY INDUSTRIAL END USER,  2024–2029 (USD MILLION)                197

TABLE 227               EUROPE: ELECTRIC MOTORS MARKET, BY COMMERCIAL END USER,  2020–2023 (USD MILLION)                198

TABLE 228               EUROPE: ELECTRIC MOTORS MARKET, BY COMMERCIAL END USER,  2024–2029 (USD MILLION)                198

TABLE 229               EUROPE: ELECTRIC MOTORS MARKET, BY RESIDENTIAL END USER,  2020–2023 (USD MILLION)                198

TABLE 230               EUROPE: ELECTRIC MOTORS MARKET, BY RESIDENTIAL END USER,  2024–2029 (USD MILLION)                199

TABLE 231               EUROPE: ELECTRIC MOTORS MARKET, BY AGRICULTURE END USER,  2020–2023 (USD MILLION)                199

TABLE 232               EUROPE: ELECTRIC MOTORS MARKET, BY AGRICULTURE END USER,  2024–2029 (USD MILLION)                199

TABLE 233               EUROPE: ELECTRIC MOTORS MARKET, BY TRANSPORTATION END USER, 2020–2023 (USD MILLION)                199

TABLE 234               EUROPE: ELECTRIC MOTORS MARKET, BY TRANSPORTATION END USER, 2024–2029 (USD MILLION)                200

TABLE 235               EUROPE: ELECTRIC MOTORS MARKET, BY COUNTRY, 2020–2023 (USD MILLION) 200

TABLE 236               EUROPE: ELECTRIC MOTORS MARKET, BY COUNTRY, 2024–2029 (USD MILLION) 201

TABLE 237               GERMANY: ELECTRIC MOTORS MARKET, BY TYPE, 2020–2023 (USD MILLION)                  202

TABLE 238               GERMANY: ELECTRIC MOTORS MARKET, BY TYPE, 2024–2029 (USD MILLION)                  202

TABLE 239               GERMANY: ELECTRIC MOTORS MARKET, BY END USER, 2020–2023 (USD MILLION) 202

TABLE 240               GERMANY: ELECTRIC MOTORS MARKET, BY END USER, 2024–2029 (USD MILLION) 202

TABLE 241               GERMANY: ELECTRIC MOTORS MARKET, BY INDUSTRIAL END USER,  2020–2023 (USD MILLION)                203

TABLE 242               GERMANY: ELECTRIC MOTORS MARKET, BY INDUSTRIAL END USER,  2024–2029 (USD MILLION)                203

TABLE 243               GERMANY: ELECTRIC MOTORS MARKET, BY COMMERCIAL END USER,  2020–2023 (USD MILLION)                204

TABLE 244               GERMANY: ELECTRIC MOTORS MARKET, BY COMMERCIAL END USER,  2024–2029 (USD MILLION)                204

TABLE 245               GERMANY: ELECTRIC MOTORS MARKET, BY RESIDENTIAL END USER,  2020–2023 (USD MILLION)                204

TABLE 246               GERMANY: ELECTRIC MOTORS MARKET, BY RESIDENTIAL END USER,  2024–2029 (USD MILLION)                205

TABLE 247               GERMANY: ELECTRIC MOTORS MARKET, BY AGRICULTURE END USER,  2020–2023 (USD MILLION)                205

TABLE 248               GERMANY: ELECTRIC MOTORS MARKET, BY AGRICULTURE END USER,  2024–2029 (USD MILLION)                205

TABLE 249               GERMANY: ELECTRIC MOTORS MARKET, BY TRANSPORTATION END USER, 2020–2023 (USD MILLION)   205

TABLE 250               GERMANY: ELECTRIC MOTORS MARKET, BY TRANSPORTATION END USER, 2024–2029 (USD MILLION)   206

TABLE 251               UK: ELECTRIC MOTORS MARKET, BY TYPE, 2020–2023 (USD MILLION)                  206

TABLE 252               UK: ELECTRIC MOTORS MARKET, BY TYPE, 2024–2029 (USD MILLION)                  207

TABLE 253               UK: ELECTRIC MOTORS MARKET, BY END USER, 2020–2023 (USD MILLION)                  207

TABLE 254               UK: ELECTRIC MOTORS MARKET, BY END USER, 2024–2029 (USD MILLION)                  207

TABLE 255               UK: ELECTRIC MOTORS MARKET, BY INDUSTRIAL END USER,  2020–2023 (USD MILLION)         208

TABLE 256               UK: ELECTRIC MOTORS MARKET, BY INDUSTRIAL END USER,  2024–2029 (USD MILLION)         208

TABLE 257               UK: ELECTRIC MOTORS MARKET, BY COMMERCIAL END USER,  2020–2023 (USD MILLION)         209

TABLE 258               UK: ELECTRIC MOTORS MARKET, BY COMMERCIAL END USER,  2024–2029 (USD MILLION)         209

TABLE 259               UK: ELECTRIC MOTORS MARKET, BY RESIDENTIAL END USER,  2020–2023 (USD MILLION)         209

TABLE 260               UK: ELECTRIC MOTORS MARKET, BY RESIDENTIAL END USER,  2024–2029 (USD MILLION)         210

TABLE 261               UK: ELECTRIC MOTORS MARKET, BY AGRICULTURE END USER,  2020–2023 (USD MILLION)         210

TABLE 262               UK: ELECTRIC MOTORS MARKET, BY AGRICULTURE END USER,  2024–2029 (USD MILLION)         210

TABLE 263               UK: ELECTRIC MOTORS MARKET, BY TRANSPORTATION END USER, 2020–2023 (USD MILLION)                210

TABLE 264               UK: ELECTRIC MOTORS MARKET, BY TRANSPORTATION END USER, 2024–2029 (USD MILLION)                211

TABLE 265               ITALY: ELECTRIC MOTORS MARKET, BY TYPE, 2020–2023 (USD MILLION)                  211

TABLE 266               ITALY: ELECTRIC MOTORS MARKET, BY TYPE, 2024–2029 (USD MILLION)                  212

TABLE 267               ITALY: ELECTRIC MOTORS MARKET, BY END USER, 2020–2023 (USD MILLION)                  212

TABLE 268               ITALY: ELECTRIC MOTORS MARKET, BY END USER, 2024–2029 (USD MILLION)                  212

TABLE 269               ITALY: ELECTRIC MOTORS MARKET, BY INDUSTRIAL END USER,  2020–2023 (USD MILLION)         213

TABLE 270               ITALY: ELECTRIC MOTORS MARKET, BY INDUSTRIAL END USER,  2024–2029 (USD MILLION)         213

TABLE 271               ITALY: ELECTRIC MOTORS MARKET, BY COMMERCIAL END USER,  2020–2023 (USD MILLION)                214

TABLE 272               ITALY: ELECTRIC MOTORS MARKET, BY COMMERCIAL END USER,  2024–2029 (USD MILLION)                214

TABLE 273               ITALY: ELECTRIC MOTORS MARKET, BY RESIDENTIAL END USER,  2020–2023 (USD MILLION)         214

TABLE 274               ITALY: ELECTRIC MOTORS MARKET, BY RESIDENTIAL END USER,  2024–2029 (USD MILLION)         215

TABLE 275               ITALY: ELECTRIC MOTORS MARKET, BY AGRICULTURE END USER,  2020–2023 (USD MILLION)                215

TABLE 276               ITALY: ELECTRIC MOTORS MARKET, BY AGRICULTURE END USER,  2024–2029 (USD MILLION)                215

TABLE 277               ITALY: ELECTRIC MOTORS MARKET, BY TRANSPORTATION END USER, 2020–2023 (USD MILLION)                215

TABLE 278               ITALY: ELECTRIC MOTORS MARKET, BY TRANSPORTATION END USER, 2024–2029 (USD MILLION)                216

TABLE 279               FRANCE: ELECTRIC MOTORS MARKET, BY TYPE, 2020–2023 (USD MILLION)                  216

TABLE 280               FRANCE: ELECTRIC MOTORS MARKET, BY TYPE, 2024–2029 (USD MILLION)                  217

TABLE 281               FRANCE: ELECTRIC MOTORS MARKET, BY END USER, 2020–2023 (USD MILLION) 217

TABLE 282               FRANCE: ELECTRIC MOTORS MARKET, BY END USER, 2024–2029 (USD MILLION) 217

TABLE 283               FRANCE: ELECTRIC MOTORS MARKET, BY INDUSTRIAL END USER,  2020–2023 (USD MILLION)                218

TABLE 284               FRANCE: ELECTRIC MOTORS MARKET, BY INDUSTRIAL END USER,  2024–2029 (USD MILLION)                218

TABLE 285               FRANCE: ELECTRIC MOTORS MARKET, BY COMMERCIAL END USER,  2020–2023 (USD MILLION)                219

TABLE 286               FRANCE: ELECTRIC MOTORS MARKET, BY COMMERCIAL END USER,  2024–2029 (USD MILLION)                219

TABLE 287               FRANCE: ELECTRIC MOTORS MARKET, BY RESIDENTIAL END USER,  2020–2023 (USD MILLION)                219

TABLE 288               FRANCE: ELECTRIC MOTORS MARKET, BY RESIDENTIAL END USER,  2024–2029 (USD MILLION)                220

TABLE 289               FRANCE: ELECTRIC MOTORS MARKET, BY AGRICULTURE END USER,  2020–2023 (USD MILLION)                220

TABLE 290               FRANCE: ELECTRIC MOTORS MARKET, BY AGRICULTURE END USER,  2024–2029 (USD MILLION)                220

TABLE 291               FRANCE: ELECTRIC MOTORS MARKET, BY TRANSPORTATION END USER, 2020–2023 (USD MILLION)                220

TABLE 292               FRANCE: ELECTRIC MOTORS MARKET, BY TRANSPORTATION END USER, 2024–2029 (USD MILLION)                221

TABLE 293               RUSSIA: ELECTRIC MOTORS MARKET, BY TYPE, 2020–2023 (USD MILLION)                  221

TABLE 294               RUSSIA: ELECTRIC MOTORS MARKET, BY TYPE, 2024–2029 (USD MILLION)                  222

TABLE 295               RUSSIA: ELECTRIC MOTORS MARKET, BY END USER, 2020–2023 (USD MILLION) 222

TABLE 296               RUSSIA: ELECTRIC MOTORS MARKET, BY END USER, 2024–2029 (USD MILLION) 222

TABLE 297               RUSSIA: ELECTRIC MOTORS MARKET, BY INDUSTRIAL END USER,  2020–2023 (USD MILLION)                223

TABLE 298               RUSSIA: ELECTRIC MOTORS MARKET, BY INDUSTRIAL END USER,  2024–2029 (USD MILLION)                223

TABLE 299               RUSSIA: ELECTRIC MOTORS MARKET, BY COMMERCIAL END USER,  2020–2023 (USD MILLION)                224

TABLE 300               RUSSIA: ELECTRIC MOTORS MARKET, BY COMMERCIAL END USER,  2024–2029 (USD MILLION)                224

TABLE 301               RUSSIA: ELECTRIC MOTORS MARKET, BY RESIDENTIAL END USER,  2020–2023 (USD MILLION)                224

TABLE 302               RUSSIA: ELECTRIC MOTORS MARKET, BY RESIDENTIAL END USER,  2024–2029 (USD MILLION)                225

TABLE 303               RUSSIA: ELECTRIC MOTORS MARKET, BY AGRICULTURE END USER,  2020–2023 (USD MILLION)                225

TABLE 304               RUSSIA: ELECTRIC MOTORS MARKET, BY AGRICULTURE END USER,  2024–2029 (USD MILLION)                225

TABLE 305               RUSSIA: ELECTRIC MOTORS MARKET, BY TRANSPORTATION END USER, 2020–2023 (USD MILLION)                225

TABLE 306               RUSSIA: ELECTRIC MOTORS MARKET, BY TRANSPORTATION END USER, 2024–2029 (USD MILLION)                226

TABLE 307               SWEDEN: ELECTRIC MOTORS MARKET, BY TYPE, 2020–2023 (USD MILLION)                  226

TABLE 308               SWEDEN: ELECTRIC MOTORS MARKET, BY TYPE, 2024–2029 (USD MILLION)                  227

TABLE 309               SWEDEN: ELECTRIC MOTORS MARKET, BY END USER, 2020–2023 (USD MILLION) 227

TABLE 310               SWEDEN: ELECTRIC MOTORS MARKET, BY END USER, 2024–2029 (USD MILLION) 227

TABLE 311               SWEDEN: ELECTRIC MOTORS MARKET, BY INDUSTRIAL END USER,  2020–2023 (USD MILLION)                228

TABLE 312               SWEDEN: ELECTRIC MOTORS MARKET, BY INDUSTRIAL END USER,  2024–2029 (USD MILLION)                228

TABLE 313               SWEDEN: ELECTRIC MOTORS MARKET, BY COMMERCIAL END USER,  2020–2023 (USD MILLION)                229

TABLE 314               SWEDEN: ELECTRIC MOTORS MARKET, BY COMMERCIAL END USER,  2024–2029 (USD MILLION)                229

TABLE 315               SWEDEN: ELECTRIC MOTORS MARKET, BY RESIDENTIAL END USER,  2020–2023 (USD MILLION)                229

TABLE 316               SWEDEN: ELECTRIC MOTORS MARKET, BY RESIDENTIAL END USER,  2024–2029 (USD MILLION)                230

TABLE 317               SWEDEN: ELECTRIC MOTORS MARKET, BY AGRICULTURE END USER,  2020–2023 (USD MILLION)                230

TABLE 318               SWEDEN: ELECTRIC MOTORS MARKET, BY AGRICULTURE END USER,  2024–2029 (USD MILLION)                230

TABLE 319               SWEDEN: ELECTRIC MOTORS MARKET, BY TRANSPORTATION END USER, 2020–2023 (USD MILLION)   230

TABLE 320               SWEDEN: ELECTRIC MOTORS MARKET, BY TRANSPORTATION END USER, 2024–2029 (USD MILLION)   231

TABLE 321               NORWAY: ELECTRIC MOTORS MARKET, BY TYPE, 2020–2023 (USD MILLION)                  231

TABLE 322               NORWAY: ELECTRIC MOTORS MARKET, BY TYPE, 2024–2029 (USD MILLION)                  232

TABLE 323               NORWAY: ELECTRIC MOTORS MARKET, BY END USER, 2020–2023 (USD MILLION) 232

TABLE 324               NORWAY: ELECTRIC MOTORS MARKET, BY END USER, 2024–2029 (USD MILLION) 232

TABLE 325               NORWAY: ELECTRIC MOTORS MARKET, BY INDUSTRIAL END USER,  2020–2023 (USD MILLION)                233

TABLE 326               NORWAY: ELECTRIC MOTORS MARKET, BY INDUSTRIAL END USER,  2024–2029 (USD MILLION)                233

TABLE 327               NORWAY: ELECTRIC MOTORS MARKET, BY COMMERCIAL END USER,  2020–2023 (USD MILLION)                234

TABLE 328               NORWAY: ELECTRIC MOTORS MARKET, BY COMMERCIAL END USER,  2024–2029 (USD MILLION)                234

TABLE 329               NORWAY: ELECTRIC MOTORS MARKET, BY RESIDENTIAL END USER,  2020–2023 (USD MILLION)                234

TABLE 330               NORWAY: ELECTRIC MOTORS MARKET, BY RESIDENTIAL END USER,  2024–2029 (USD MILLION)                235

TABLE 331               NORWAY: ELECTRIC MOTORS MARKET, BY AGRICULTURE END USER,  2020–2023 (USD MILLION)                235

TABLE 332               NORWAY: ELECTRIC MOTORS MARKET, BY AGRICULTURE END USER,  2024–2029 (USD MILLION)                235

TABLE 333               NORWAY: ELECTRIC MOTORS MARKET, BY TRANSPORTATION END USER, 2020–2023 (USD MILLION)   235

TABLE 334               NORWAY: ELECTRIC MOTORS MARKET, BY TRANSPORTATION END USER, 2024–2029 (USD MILLION)   236

TABLE 335               DENMARK: ELECTRIC MOTORS MARKET, BY TYPE, 2020–2023 (USD MILLION)                  236

TABLE 336               DENMARK: ELECTRIC MOTORS MARKET, BY TYPE, 2024–2029 (USD MILLION)                  237

TABLE 337               DENMARK: ELECTRIC MOTORS MARKET, BY END USER, 2020–2023 (USD MILLION) 237

TABLE 338               DENMARK: ELECTRIC MOTORS MARKET, BY END USER, 2024–2029 (USD MILLION) 237

TABLE 339               DENMARK: ELECTRIC MOTORS MARKET, BY INDUSTRIAL END USER,  2020–2023 (USD MILLION)                238

TABLE 340               DENMARK: ELECTRIC MOTORS MARKET, BY INDUSTRIAL END USER,  2024–2029 (USD MILLION)                238

TABLE 341               DENMARK: ELECTRIC MOTORS MARKET, BY COMMERCIAL END USER,  2020–2023 (USD MILLION)                239

TABLE 342               DENMARK: ELECTRIC MOTORS MARKET, BY COMMERCIAL END USER,  2024–2029 (USD MILLION)                239

TABLE 343               DENMARK: ELECTRIC MOTORS MARKET, BY RESIDENTIAL END USER,  2020–2023 (USD MILLION)                239

TABLE 344               DENMARK: ELECTRIC MOTORS MARKET, BY RESIDENTIAL END USER,  2024–2029 (USD MILLION)                240

TABLE 345               DENMARK: ELECTRIC MOTORS MARKET, BY AGRICULTURE END USER,  2020–2023 (USD MILLION)                240

TABLE 346               DENMARK: ELECTRIC MOTORS MARKET, BY AGRICULTURE END USER,  2024–2029 (USD MILLION)                240

TABLE 347               DENMARK: ELECTRIC MOTORS MARKET, BY TRANSPORTATION END USER, 2020–2023 (USD MILLION)   240

TABLE 348               DENMARK: ELECTRIC MOTORS MARKET, BY TRANSPORTATION END USER, 2024–2029 (USD MILLION)   241

TABLE 349               REST OF EUROPE: ELECTRIC MOTORS MARKET, BY TYPE, 2020–2023 (USD MILLION) 241

TABLE 350               REST OF EUROPE: ELECTRIC MOTORS MARKET, BY TYPE, 2024–2029 (USD MILLION) 241

TABLE 351               REST OF EUROPE: ELECTRIC MOTORS MARKET, BY END USER,  2020–2023 (USD MILLION)         242

TABLE 352               REST OF EUROPE: ELECTRIC MOTORS MARKET, BY END USER,  2024–2029 (USD MILLION)         242

TABLE 353               REST OF EUROPE: ELECTRIC MOTORS MARKET, BY INDUSTRIAL END USER,  2020–2023 (USD MILLION)   243

TABLE 354               REST OF EUROPE: ELECTRIC MOTORS MARKET, BY INDUSTRIAL END USER,  2024–2029 (USD MILLION)   243

TABLE 355               REST OF EUROPE: ELECTRIC MOTORS MARKET, BY COMMERCIAL END USER,  2020–2023 (USD MILLION)   244

TABLE 356               REST OF EUROPE: ELECTRIC MOTORS MARKET, BY COMMERCIAL END USER,  2024–2029 (USD MILLION)   244

TABLE 357               REST OF EUROPE: ELECTRIC MOTORS MARKET, BY RESIDENTIAL END USER,  2020–2023 (USD MILLION)   244

TABLE 358               REST OF EUROPE: ELECTRIC MOTORS MARKET, BY RESIDENTIAL END USER,  2024–2029 (USD MILLION)   245

TABLE 359               REST OF EUROPE: ELECTRIC MOTORS MARKET, BY AGRICULTURE END USER,  2020–2023 (USD MILLION)   245

TABLE 360               REST OF EUROPE: ELECTRIC MOTORS MARKET, BY AGRICULTURE END USER,  2024–2029 (USD MILLION)   245

TABLE 361               REST OF EUROPE: ELECTRIC MOTORS MARKET, BY TRANSPORTATION END USER, 2020–2023 (USD MILLION)         245

TABLE 362               REST OF EUROPE: ELECTRIC MOTORS MARKET, BY TRANSPORTATION END USER, 2024–2029 (USD MILLION)         246

TABLE 363               NORTH AMERICA: ELECTRIC MOTORS MARKET, BY TYPE, 2020–2023 (USD MILLION) 246

TABLE 364               NORTH AMERICA: ELECTRIC MOTORS MARKET, BY TYPE, 2024–2029 (USD MILLION) 246

TABLE 365               NORTH AMERICA: ELECTRIC MOTORS MARKET, BY ROTOR TYPE,  2020–2023 (USD MILLION)         247

TABLE 366               NORTH AMERICA: ELECTRIC MOTORS MARKET, BY ROTOR TYPE,  2024–2029 (USD MILLION)         247

TABLE 367               NORTH AMERICA: ELECTRIC MOTORS MARKET, BY OUTPUT POWER,  2020–2023 (USD MILLION)                247

TABLE 368               NORTH AMERICA: ELECTRIC MOTORS MARKET, BY OUTPUT POWER,  2024–2029 (USD MILLION)                247

TABLE 369               NORTH AMERICA: ELECTRIC MOTORS MARKET, BY POWER RATING,  2020–2023 (USD MILLION)                248

TABLE 370               NORTH AMERICA: ELECTRIC MOTORS MARKET, BY POWER RATING,  2024–2029 (USD MILLION)                248

TABLE 371               NORTH AMERICA: ELECTRIC MOTORS MARKET, BY VOLTAGE, 2020–2023 (USD MILLION) 248

TABLE 372               NORTH AMERICA: ELECTRIC MOTORS MARKET, BY VOLTAGE, 2024–2029 (USD MILLION) 249

TABLE 373               NORTH AMERICA: ELECTRIC MOTORS MARKET, BY END USER,  2020–2023 (USD MILLION)         249

TABLE 374               NORTH AMERICA: ELECTRIC MOTORS MARKET, BY END USER,  2024–2029 (USD MILLION)         249

TABLE 375               NORTH AMERICA: ELECTRIC MOTORS MARKET, BY INDUSTRIAL END USER,  2020–2023 (USD MILLION)   250

TABLE 376               NORTH AMERICA: ELECTRIC MOTORS MARKET, BY INDUSTRIAL END USER,  2024–2029 (USD MILLION)   250

TABLE 377               NORTH AMERICA: ELECTRIC MOTORS MARKET, BY COMMERCIAL END USER,  2020–2023 (USD MILLION)   251

TABLE 378               NORTH AMERICA: ELECTRIC MOTORS MARKET, BY COMMERCIAL END USER,  2024–2029 (USD MILLION)   251

TABLE 379               NORTH AMERICA: ELECTRIC MOTORS MARKET, BY RESIDENTIAL END USER,  2020–2023 (USD MILLION)   251

TABLE 380               NORTH AMERICA: ELECTRIC MOTORS MARKET, BY RESIDENTIAL END USER,  2024–2029 (USD MILLION)   252

TABLE 381               NORTH AMERICA: ELECTRIC MOTORS MARKET, BY AGRICULTURE END USER,  2020–2023 (USD MILLION)   252

TABLE 382               NORTH AMERICA: ELECTRIC MOTORS MARKET, BY AGRICULTURE END USER,  2024–2029 (USD MILLION)   252

TABLE 383               NORTH AMERICA: ELECTRIC MOTORS MARKET, BY TRANSPORTATION END USER, 2020–2023 (USD MILLION)         252

TABLE 384               NORTH AMERICA: ELECTRIC MOTORS MARKET, BY TRANSPORTATION END USER, 2024–2029 (USD MILLION)         253

TABLE 385               NORTH AMERICA: ELECTRIC MOTORS MARKET, BY COUNTRY, 2020–2023 (USD MILLION) 253

TABLE 386               NORTH AMERICA: ELECTRIC MOTORS MARKET, BY COUNTRY,  2024–2029 (USD MILLION)         253

TABLE 387               US: ELECTRIC MOTORS MARKET, BY TYPE, 2020–2023 (USD MILLION)                  254

TABLE 388               US: ELECTRIC MOTORS MARKET, BY TYPE, 2024–2029 (USD MILLION)                  254

TABLE 389               US: ELECTRIC MOTORS MARKET, BY END USER, 2020–2023 (USD MILLION)                  254

TABLE 390               US: ELECTRIC MOTORS MARKET, BY END USER, 2024–2029 (USD MILLION)                  255

TABLE 391               US: ELECTRIC MOTORS MARKET, BY INDUSTRIAL END USER,  2020–2023 (USD MILLION)         255

TABLE 392               US: ELECTRIC MOTORS MARKET, BY INDUSTRIAL END USER,  2024–2029 (USD MILLION)         256

TABLE 393               US: ELECTRIC MOTORS MARKET, BY COMMERCIAL END USER,  2020–2023 (USD MILLION)         256

TABLE 394               US: ELECTRIC MOTORS MARKET, BY COMMERCIAL END USER,  2024–2029 (USD MILLION)         257

TABLE 395               US: ELECTRIC MOTORS MARKET, BY RESIDENTIAL END USER,  2020–2023 (USD MILLION)         257

TABLE 396               US: ELECTRIC MOTORS MARKET, BY RESIDENTIAL END USER,  2024–2029 (USD MILLION)         257

TABLE 397               US: ELECTRIC MOTORS MARKET, BY AGRICULTURE END USER,  2020–2023 (USD MILLION)         257

TABLE 398               US: ELECTRIC MOTORS MARKET, BY AGRICULTURE END USER,  2024–2029 (USD MILLION)         258

TABLE 399               US: ELECTRIC MOTORS MARKET, BY TRANSPORTATION END USER, 2020–2023 (USD MILLION)         258

TABLE 400               US: ELECTRIC MOTORS MARKET, BY TRANSPORTATION END USER, 2024–2029 (USD MILLION)         258

TABLE 401               CANADA: ELECTRIC MOTORS MARKET, BY TYPE, 2020–2023 (USD MILLION)                  259

TABLE 402               CANADA: ELECTRIC MOTORS MARKET, BY TYPE, 2024–2029 (USD MILLION)                  259

TABLE 403               CANADA: ELECTRIC MOTORS MARKET, BY END USER, 2020–2023 (USD MILLION) 259

TABLE 404               CANADA: ELECTRIC MOTORS MARKET, BY END USER, 2024–2029 (USD MILLION) 260

TABLE 405               CANADA: ELECTRIC MOTORS MARKET, BY INDUSTRIAL END USER,  2020–2023 (USD MILLION)                260

TABLE 406               CANADA: ELECTRIC MOTORS MARKET, BY INDUSTRIAL END USER,  2024–2029 (USD MILLION)                261

TABLE 407               CANADA: ELECTRIC MOTORS MARKET, BY COMMERCIAL END USER,  2020–2023 (USD MILLION)                261

TABLE 408               CANADA: ELECTRIC MOTORS MARKET, BY COMMERCIAL END USER,  2024–2029 (USD MILLION)                262

TABLE 409               CANADA: ELECTRIC MOTORS MARKET, BY RESIDENTIAL END USER,  2020–2023 (USD MILLION)                262

TABLE 410               CANADA: ELECTRIC MOTORS MARKET, BY RESIDENTIAL END USER,  2024–2029 (USD MILLION)                262

TABLE 411               CANADA: ELECTRIC MOTORS MARKET, BY AGRICULTURE END USER,  2020–2023 (USD MILLION)                262

TABLE 412               CANADA: ELECTRIC MOTORS MARKET, BY AGRICULTURE END USER,  2024–2029 (USD MILLION)                263

TABLE 413               CANADA: ELECTRIC MOTORS MARKET, BY TRANSPORTATION END USER, 2020–2023 (USD MILLION)                263

TABLE 414               CANADA: ELECTRIC MOTORS MARKET, BY TRANSPORTATION END USER, 2024–2029 (USD MILLION)                263

TABLE 415               MEXICO: ELECTRIC MOTORS MARKET, BY TYPE, 2020–2023 (USD MILLION)                  264

TABLE 416               MEXICO: ELECTRIC MOTORS MARKET, BY TYPE, 2024–2029 (USD MILLION)                  264

TABLE 417               MEXICO: ELECTRIC MOTORS MARKET, BY END USER, 2020–2023 (USD MILLION) 264

TABLE 418               MEXICO: ELECTRIC MOTORS MARKET, BY END USER, 2024–2029 (USD MILLION) 265

TABLE 419               MEXICO: ELECTRIC MOTORS MARKET, BY INDUSTRIAL END USER,  2020–2023 (USD MILLION)                265

TABLE 420               MEXICO: ELECTRIC MOTORS MARKET, BY INDUSTRIAL END USER,  2024–2029 (USD MILLION)                266

TABLE 421               MEXICO: ELECTRIC MOTORS MARKET, BY COMMERCIAL END USER,  2020–2023 (USD MILLION)                266

TABLE 422               MEXICO: ELECTRIC MOTORS MARKET, BY COMMERCIAL END USER,  2024–2029 (USD MILLION)                267

TABLE 423               MEXICO: ELECTRIC MOTORS MARKET, BY RESIDENTIAL END USER,  2020–2023 (USD MILLION)                267

TABLE 424               MEXICO: ELECTRIC MOTORS MARKET, BY RESIDENTIAL END USER,  2024–2029 (USD MILLION)                267

TABLE 425               MEXICO: ELECTRIC MOTORS MARKET, BY AGRICULTURE END USER,  2020–2023 (USD MILLION)                267

TABLE 426               MEXICO: ELECTRIC MOTORS MARKET, BY AGRICULTURE END USER,  2024–2029 (USD MILLION)                268

TABLE 427               MEXICO: ELECTRIC MOTORS MARKET, BY TRANSPORTATION END USER, 2020–2023 (USD MILLION)                268

TABLE 428               MEXICO: ELECTRIC MOTORS MARKET, BY TRANSPORTATION END USER, 2024–2029 (USD MILLION)                268

TABLE 429               MIDDLE EAST & AFRICA: ELECTRIC MOTORS MARKET, BY TYPE,  2020–2023 (USD MILLION)         269

TABLE 430               MIDDLE EAST & AFRICA: ELECTRIC MOTORS MARKET, BY TYPE,  2024–2029 (USD MILLION)         269

TABLE 431               MIDDLE EAST & AFRICA: ELECTRIC MOTORS MARKET, BY ROTOR TYPE,  2020–2023 (USD MILLION)   269

TABLE 432               MIDDLE EAST & AFRICA: ELECTRIC MOTORS MARKET, BY ROTOR TYPE,  2024–2029 (USD MILLION)   270

TABLE 433               MIDDLE EAST & AFRICA: ELECTRIC MOTORS MARKET, BY OUTPUT POWER,  2020–2023 (USD MILLION)   270

TABLE 434               MIDDLE EAST & AFRICA: ELECTRIC MOTORS MARKET, BY OUTPUT POWER,  2024–2029 (USD MILLION)   270

TABLE 435               MIDDLE EAST & AFRICA: ELECTRIC MOTORS MARKET, BY POWER RATING,  2020–2023 (USD MILLION)   270

TABLE 436               MIDDLE EAST & AFRICA: ELECTRIC MOTORS MARKET, BY POWER RATING,  2024–2029 (USD MILLION)   271

TABLE 437               MIDDLE EAST & AFRICA: ELECTRIC MOTORS MARKET, BY VOLTAGE,  2020–2023 (USD MILLION)                271

TABLE 438               MIDDLE EAST & AFRICA: ELECTRIC MOTORS MARKET, BY VOLTAGE,  2024–2029 (USD MILLION)                271

TABLE 439               MIDDLE EAST & AFRICA: ELECTRIC MOTORS MARKET, BY END USER,  2020–2023 (USD MILLION)                272

TABLE 440               MIDDLE EAST & AFRICA: ELECTRIC MOTORS MARKET, BY END USER,  2024–2029 (USD MILLION)                272

TABLE 441               MIDDLE EAST & AFRICA: ELECTRIC MOTORS MARKET, BY INDUSTRIAL END USER,  2020–2023 (USD MILLION)      273

TABLE 442               MIDDLE EAST & AFRICA: ELECTRIC MOTORS MARKET, BY INDUSTRIAL END USER,  2024–2029 (USD MILLION)      273

TABLE 443               MIDDLE EAST & AFRICA: ELECTRIC MOTORS MARKET, BY COMMERCIAL END USER,  2020–2023 (USD MILLION)      274

TABLE 444               MIDDLE EAST & AFRICA: ELECTRIC MOTORS MARKET, BY COMMERCIAL END USER,  2024–2029 (USD MILLION)      274

TABLE 445               MIDDLE EAST & AFRICA: ELECTRIC MOTORS MARKET, BY RESIDENTIAL END USER,  2020–2023 (USD MILLION)      274

TABLE 446               MIDDLE EAST & AFRICA: ELECTRIC MOTORS MARKET, BY RESIDENTIAL END USER,  2024–2029 (USD MILLION)      275

TABLE 447               MIDDLE EAST & AFRICA: ELECTRIC MOTORS MARKET, BY AGRICULTURE END USER,  2020–2023 (USD MILLION)      275

TABLE 448               MIDDLE EAST & AFRICA: ELECTRIC MOTORS MARKET, BY AGRICULTURE END USER,  2024–2029 (USD MILLION)      275

TABLE 449               MIDDLE EAST & AFRICA: ELECTRIC MOTORS MARKET, BY TRANSPORTATION END USER, 2020–2023 (USD MILLION) 275

TABLE 450               MIDDLE EAST & AFRICA: ELECTRIC MOTORS MARKET, BY TRANSPORTATION END USER, 2024–2029 (USD MILLION) 276

TABLE 451               MIDDLE EAST & AFRICA: ELECTRIC MOTORS MARKET, BY COUNTRY,  2020–2023 (USD MILLION)                276

TABLE 452               MIDDLE EAST & AFRICA: ELECTRIC MOTORS MARKET, BY COUNTRY,  2024–2029 (USD MILLION)                276

TABLE 453               GCC COUNTRIES: ELECTRIC MOTORS MARKET, BY TYPE, 2020–2023 (USD MILLION) 277

TABLE 454               GCC COUNTRIES: ELECTRIC MOTORS MARKET, BY TYPE, 2024–2029 (USD MILLION) 277

TABLE 455               GCC COUNTRIES: ELECTRIC MOTORS MARKET, BY END USER,  2020–2023 (USD MILLION)         278

TABLE 456               GCC COUNTRIES: ELECTRIC MOTORS MARKET, BY END USER,  2024–2029 (USD MILLION)         278

TABLE 457               GCC COUNTRIES: ELECTRIC MOTORS MARKET, BY INDUSTRIAL END USER,  2020–2023 (USD MILLION)   279

TABLE 458               GCC COUNTRIES: ELECTRIC MOTORS MARKET, BY INDUSTRIAL END USER,  2024–2029 (USD MILLION)   279

TABLE 459               GCC COUNTRIES: ELECTRIC MOTORS MARKET, BY COMMERCIAL END USER,  2020–2023 (USD MILLION)   280

TABLE 460               GCC COUNTRIES: ELECTRIC MOTORS MARKET, BY COMMERCIAL END USER,  2024–2029 (USD MILLION)   280

TABLE 461               GCC COUNTRIES: ELECTRIC MOTORS MARKET, BY RESIDENTIAL END USER,  2020–2023 (USD MILLION)   280

TABLE 462               GCC COUNTRIES: ELECTRIC MOTORS MARKET, BY RESIDENTIAL END USER,  2024–2029 (USD MILLION)   281

TABLE 463               GCC COUNTRIES: ELECTRIC MOTORS MARKET, BY AGRICULTURE END USER,  2020–2023 (USD MILLION)   281

TABLE 464               GCC COUNTRIES: ELECTRIC MOTORS MARKET, BY AGRICULTURE END USER,  2024–2029 (USD MILLION)   281

TABLE 465               GCC COUNTRIES: ELECTRIC MOTORS MARKET, BY TRANSPORTATION END USER, 2020–2023 (USD MILLION)         281

TABLE 466               GCC COUNTRIES: ELECTRIC MOTORS MARKET, BY TRANSPORTATION END USER, 2024–2029 (USD MILLION)         282

TABLE 467               GCC COUNTRIES: ELECTRIC MOTORS MARKET, BY COUNTRY,  2020–2023 (USD MILLION)         282

TABLE 468               GCC COUNTRIES: ELECTRIC MOTORS MARKET, BY COUNTRY,  2024–2029 (USD MILLION)         282

TABLE 469               SAUDI ARABIA: ELECTRIC MOTORS MARKET, BY TYPE, 2020–2023 (USD MILLION) 283

TABLE 470               SAUDI ARABIA: ELECTRIC MOTORS MARKET, BY TYPE, 2024–2029 (USD MILLION) 283

TABLE 471               SAUDI ARABIA: ELECTRIC MOTORS MARKET, BY END USER, 2020–2023 (USD MILLION) 283

TABLE 472               SAUDI ARABIA: ELECTRIC MOTORS MARKET, BY END USER, 2024–2029 (USD MILLION) 284

TABLE 473               SAUDI ARABIA: ELECTRIC MOTORS MARKET, BY INDUSTRIAL END USER,  2020–2023 (USD MILLION)   284

TABLE 474               SAUDI ARABIA: ELECTRIC MOTORS MARKET, BY INDUSTRIAL END USER,  2024–2029 (USD MILLION)   285

TABLE 475               SAUDI ARABIA: ELECTRIC MOTORS MARKET, BY COMMERCIAL END USER,  2020–2023 (USD MILLION)   285

TABLE 476               SAUDI ARABIA: ELECTRIC MOTORS MARKET, BY COMMERCIAL END USER,  2024–2029 (USD MILLION)   286

TABLE 477               SAUDI ARABIA: ELECTRIC MOTORS MARKET, BY RESIDENTIAL END USER,  2020–2023 (USD MILLION)   286

TABLE 478               SAUDI ARABIA: ELECTRIC MOTORS MARKET, BY RESIDENTIAL END USER,  2024–2029 (USD MILLION)   286

TABLE 479               SAUDI ARABIA: ELECTRIC MOTORS MARKET, BY AGRICULTURE END USER,  2020–2023 (USD MILLION)   286

TABLE 480               SAUDI ARABIA: ELECTRIC MOTORS MARKET, BY AGRICULTURE END USER,  2024–2029 (USD MILLION)   287

TABLE 481               SAUDI ARABIA: ELECTRIC MOTORS MARKET, BY TRANSPORTATION END USER, 2020–2023 (USD MILLION)   287

TABLE 482               SAUDI ARABIA: ELECTRIC MOTORS MARKET, BY TRANSPORTATION END USER, 2024–2029 (USD MILLION)   287

TABLE 483               UAE: ELECTRIC MOTORS MARKET, BY TYPE, 2020–2023 (USD MILLION)                  288

TABLE 484               UAE: ELECTRIC MOTORS MARKET, BY TYPE, 2024–2029 (USD MILLION)                  288

TABLE 485               UAE: ELECTRIC MOTORS MARKET, BY END USER, 2020–2023 (USD MILLION)                  288

TABLE 486               UAE: ELECTRIC MOTORS MARKET, BY END USER, 2024–2029 (USD MILLION)                  289

TABLE 487               UAE: ELECTRIC MOTORS MARKET, BY INDUSTRIAL END USER,  2020–2023 (USD MILLION)         289

TABLE 488               UAE: ELECTRIC MOTORS MARKET, BY INDUSTRIAL END USER,  2024–2029 (USD MILLION)         290

TABLE 489               UAE: ELECTRIC MOTORS MARKET, BY COMMERCIAL END USER,  2020–2023 (USD MILLION)         290

TABLE 490               UAE: ELECTRIC MOTORS MARKET, BY COMMERCIAL END USER,  2024–2029 (USD MILLION)         291

TABLE 491               UAE: ELECTRIC MOTORS MARKET, BY RESIDENTIAL END USER,  2020–2023 (USD MILLION)         291

TABLE 492               UAE: ELECTRIC MOTORS MARKET, BY RESIDENTIAL END USER,  2024–2029 (USD MILLION)         291

TABLE 493               UAE: ELECTRIC MOTORS MARKET, BY AGRICULTURE END USER,  2020–2023 (USD MILLION)         291

TABLE 494               UAE: ELECTRIC MOTORS MARKET, BY AGRICULTURE END USER,  2024–2029 (USD MILLION)         292

TABLE 495               UAE: ELECTRIC MOTORS MARKET, BY TRANSPORTATION END USER, 2020–2023 (USD MILLION)                292

TABLE 496               UAE: ELECTRIC MOTORS MARKET, BY TRANSPORTATION END USER, 2024–2029 (USD MILLION)                292

TABLE 497               REST OF GCC COUNTRIES: ELECTRIC MOTORS MARKET, BY TYPE,  2020–2023 (USD MILLION)                293

TABLE 498               REST OF GCC COUNTRIES: ELECTRIC MOTORS MARKET, BY TYPE,  2024–2029 (USD MILLION)                293

TABLE 499               REST OF GCC COUNTRIES: ELECTRIC MOTORS MARKET, BY END USER,  2020–2023 (USD MILLION)   293

TABLE 500               REST OF GCC COUNTRIES: ELECTRIC MOTORS MARKET, BY END USER,  2024–2029 (USD MILLION)   294

TABLE 501               REST OF GCC COUNTRIES: ELECTRIC MOTORS MARKET, BY INDUSTRIAL END USER,  2020–2023 (USD MILLION)      294

TABLE 502               REST OF GCC COUNTRIES: ELECTRIC MOTORS MARKET, BY INDUSTRIAL END USER,  2024–2029 (USD MILLION)      295

TABLE 503               REST OF GCC COUNTRIES: ELECTRIC MOTORS MARKET, BY COMMERCIAL END USER,  2020–2023 (USD MILLION)      295

TABLE 504               REST OF GCC COUNTRIES: ELECTRIC MOTORS MARKET, BY COMMERCIAL END USER,  2024–2029 (USD MILLION)      295

TABLE 505               REST OF GCC COUNTRIES: ELECTRIC MOTORS MARKET, BY RESIDENTIAL END USER,  2020–2023 (USD MILLION)      296

TABLE 506               REST OF GCC COUNTRIES: ELECTRIC MOTORS MARKET, BY RESIDENTIAL END USER,  2024–2029 (USD MILLION)      296

TABLE 507               REST OF GCC COUNTRIES: ELECTRIC MOTORS MARKET, BY AGRICULTURE END USER,  2020–2023 (USD MILLION)      296

TABLE 508               REST OF GCC COUNTRIES: ELECTRIC MOTORS MARKET, BY AGRICULTURE END USER,  2024–2029 (USD MILLION)      296

TABLE 509               REST OF GCC COUNTRIES: ELECTRIC MOTORS MARKET, BY TRANSPORTATION END USER, 2020–2023 (USD MILLION) 297

TABLE 510               REST OF GCC COUNTRIES: ELECTRIC MOTORS MARKET, BY TRANSPORTATION END USER, 2024–2029 (USD MILLION) 297

TABLE 511               SOUTH AFRICA: ELECTRIC MOTORS MARKET, BY TYPE, 2020–2023 (USD MILLION) 298

TABLE 512               SOUTH AFRICA: ELECTRIC MOTORS MARKET, BY TYPE, 2024–2029 (USD MILLION) 298

TABLE 513               SOUTH AFRICA: ELECTRIC MOTORS MARKET, BY END USER, 2020–2023 (USD MILLION) 298

TABLE 514               SOUTH AFRICA: ELECTRIC MOTORS MARKET, BY END USER, 2024–2029 (USD MILLION) 298

TABLE 515               SOUTH AFRICA: ELECTRIC MOTORS MARKET, BY INDUSTRIAL END USER,  2020–2023 (USD MILLION)   299

TABLE 516               SOUTH AFRICA: ELECTRIC MOTORS MARKET, BY INDUSTRIAL END USER,  2024–2029 (USD MILLION)   299

TABLE 517               SOUTH AFRICA: ELECTRIC MOTORS MARKET, BY COMMERCIAL END USER,  2020–2023 (USD MILLION)   300

TABLE 518               SOUTH AFRICA: ELECTRIC MOTORS MARKET, BY COMMERCIAL END USER,  2024–2029 (USD MILLION)   300

TABLE 519               SOUTH AFRICA: ELECTRIC MOTORS MARKET, BY RESIDENTIAL END USER,  2020–2023 (USD MILLION)   300

TABLE 520               SOUTH AFRICA: ELECTRIC MOTORS MARKET, BY RESIDENTIAL END USER,  2024–2029 (USD MILLION)   301

TABLE 521               SOUTH AFRICA: ELECTRIC MOTORS MARKET, BY AGRICULTURE END USER,  2020–2023 (USD MILLION)   301

TABLE 522               SOUTH AFRICA: ELECTRIC MOTORS MARKET, BY AGRICULTURE END USER,  2024–2029 (USD MILLION)   301

TABLE 523               SOUTH AFRICA: ELECTRIC MOTORS MARKET, BY TRANSPORTATION END USER, 2020–2023 (USD MILLION)   301

TABLE 524               SOUTH AFRICA: ELECTRIC MOTORS MARKET, BY TRANSPORTATION END USER, 2024–2029 (USD MILLION)   302

TABLE 525               REST OF MIDDLE EAST & AFRICA: ELECTRIC MOTORS MARKET, BY TYPE,  2020–2023 (USD MILLION)   302

TABLE 526               REST OF MIDDLE EAST & AFRICA: ELECTRIC MOTORS MARKET, BY TYPE,  2024–2029 (USD MILLION)   302

TABLE 527               REST OF MIDDLE EAST & AFRICA: ELECTRIC MOTORS MARKET, BY END USER,  2020–2023 (USD MILLION)   303

TABLE 528               REST OF MIDDLE EAST & AFRICA: ELECTRIC MOTORS MARKET, BY END USER,  2024–2029 (USD MILLION)   303

TABLE 529               REST OF MIDDLE EAST & AFRICA: ELECTRIC MOTORS MARKET, BY INDUSTRIAL  END USER, 2020–2023 (USD MILLION) 304

TABLE 530               REST OF MIDDLE EAST & AFRICA: ELECTRIC MOTORS MARKET, BY INDUSTRIAL  END USER, 2024–2029 (USD MILLION) 304

TABLE 531               REST OF MIDDLE EAST & AFRICA: ELECTRIC MOTORS MARKET, BY COMMERCIAL  END USER, 2020–2023 (USD MILLION)       305

TABLE 532               REST OF MIDDLE EAST & AFRICA: ELECTRIC MOTORS MARKET, BY COMMERCIAL  END USER, 2024–2029 (USD MILLION)       305

TABLE 533               REST OF MIDDLE EAST & AFRICA: ELECTRIC MOTORS MARKET, BY RESIDENTIAL  END USER, 2020–2023 (USD MILLION) 305

TABLE 534               REST OF MIDDLE EAST & AFRICA: ELECTRIC MOTORS MARKET, BY RESIDENTIAL  END USER, 2024–2029 (USD MILLION) 306

TABLE 535               REST OF MIDDLE EAST & AFRICA: ELECTRIC MOTORS MARKET, BY AGRICULTURE  END USER, 2020–2023 (USD MILLION)      306

TABLE 536               REST OF MIDDLE EAST & AFRICA: ELECTRIC MOTORS MARKET, BY AGRICULTURE  END USER, 2024–2029 (USD MILLION)      306

TABLE 537               REST OF MIDDLE EAST & AFRICA: ELECTRIC MOTORS MARKET, BY TRANSPORTATION  END USER,2020–2023 (USD MILLION) 306

TABLE 538               REST OF MIDDLE EAST & AFRICA: ELECTRIC MOTORS MARKET, BY TRANSPORTATION  END USER, 2024–2029 (USD MILLION)                 307

TABLE 539               SOUTH AMERICA: ELECTRIC MOTORS MARKET, BY TYPE, 2020–2023 (USD MILLION) 307

TABLE 540               SOUTH AMERICA: ELECTRIC MOTORS MARKET, BY TYPE, 2024–2029 (USD MILLION) 307

TABLE 541               SOUTH AMERICA: ELECTRIC MOTORS MARKET, BY ROTOR TYPE,  2020–2023 (USD MILLION)         308

TABLE 542               SOUTH AMERICA: ELECTRIC MOTORS MARKET, BY ROTOR TYPE,  2024–2029 (USD MILLION)         308

TABLE 543               SOUTH AMERICA: ELECTRIC MOTORS MARKET, BY OUTPUT POWER,  2020–2023 (USD MILLION)                308

TABLE 544               SOUTH AMERICA: ELECTRIC MOTORS MARKET, BY OUTPUT POWER,  2024–2029 (USD MILLION)                308

TABLE 545               SOUTH AMERICA: ELECTRIC MOTORS MARKET, BY POWER RATING,  2020–2023 (USD MILLION)                309

TABLE 546               SOUTH AMERICA: ELECTRIC MOTORS MARKET, BY POWER RATING,  2024–2029 (USD MILLION)                309

TABLE 547               SOUTH AMERICA: ELECTRIC MOTORS MARKET, BY VOLTAGE, 2020–2023 (USD MILLION) 309

TABLE 548               SOUTH AMERICA: ELECTRIC MOTORS MARKET, BY VOLTAGE, 2024–2029 (USD MILLION) 310

TABLE 549               SOUTH AMERICA: ELECTRIC MOTORS MARKET, BY END USER,  2020–2023 (USD MILLION)         310

TABLE 550               SOUTH AMERICA: ELECTRIC MOTORS MARKET, BY END USER,  2024–2029 (USD MILLION)         310

TABLE 551               SOUTH AMERICA: ELECTRIC MOTORS MARKET, BY INDUSTRIAL END USER,  2020–2023 (USD MILLION)   311

TABLE 552               SOUTH AMERICA: ELECTRIC MOTORS MARKET, BY INDUSTRIAL END USER,  2024–2029 (USD MILLION)   311

TABLE 553               SOUTH AMERICA: ELECTRIC MOTORS MARKET, BY COMMERCIAL END USER,  2020–2023 (USD MILLION)   312

TABLE 554               SOUTH AMERICA: ELECTRIC MOTORS MARKET, BY COMMERCIAL END USER,  2024–2029 (USD MILLION)   312

TABLE 555               SOUTH AMERICA: ELECTRIC MOTORS MARKET, BY RESIDENTIAL END USER,  2020–2023 (USD MILLION)   312

TABLE 556               SOUTH AMERICA: ELECTRIC MOTORS MARKET, BY RESIDENTIAL END USER,  2024–2029 (USD MILLION)   313

TABLE 557               SOUTH AMERICA: ELECTRIC MOTORS MARKET, BY AGRICULTURE END USER,  2020–2023 (USD MILLION)   313

TABLE 558               SOUTH AMERICA: ELECTRIC MOTORS MARKET, BY AGRICULTURE END USER,  2024–2029 (USD MILLION)   313

TABLE 559               SOUTH AMERICA: ELECTRIC MOTORS MARKET, BY TRANSPORTATION END USER, 2020–2023 (USD MILLION)         313

TABLE 560               SOUTH AMERICA: ELECTRIC MOTORS MARKET, BY TRANSPORTATION END USER, 2024–2029 (USD MILLION)         314

TABLE 561               SOUTH AMERICA: ELECTRIC MOTORS MARKET, BY COUNTRY, 2020-2023 (USD MILLION) 314

TABLE 562               SOUTH AMERICA: ELECTRIC MOTORS MARKET, BY COUNTRY,  2024–2029 (USD MILLION)         314

TABLE 563               BRAZIL: ELECTRIC MOTORS MARKET, BY TYPE, 2020–2023 (USD MILLION)                  315

TABLE 564               BRAZIL: ELECTRIC MOTORS MARKET, BY TYPE, 2024–2029 (USD MILLION)                  315

TABLE 565               BRAZIL: ELECTRIC MOTORS MARKET, BY END USER, 2020–2023 (USD MILLION) 315

TABLE 566               BRAZIL: ELECTRIC MOTORS MARKET, BY END USER, 2024–2029 (USD MILLION) 316

TABLE 567               BRAZIL: ELECTRIC MOTORS MARKET, BY INDUSTRIAL END USER,  2020–2023 (USD MILLION)                316

TABLE 568               BRAZIL: ELECTRIC MOTORS MARKET, BY INDUSTRIAL END USER,  2024–2029 (USD MILLION)                317

TABLE 569               BRAZIL: ELECTRIC MOTORS MARKET, BY COMMERCIAL END USER,  2020–2023 (USD MILLION)                317

TABLE 570               BRAZIL: ELECTRIC MOTORS MARKET, BY COMMERCIAL END USER,  2024–2029 (USD MILLION)                318

TABLE 571               BRAZIL: ELECTRIC MOTORS MARKET, BY RESIDENTIAL END USER,  2020–2023 (USD MILLION)                318

TABLE 572               BRAZIL: ELECTRIC MOTORS MARKET, BY RESIDENTIAL END USER,  2024–2029 (USD MILLION)                318

TABLE 573               BRAZIL: ELECTRIC MOTORS MARKET, BY AGRICULTURE END USER,  2020–2023 (USD MILLION)                318

TABLE 574               BRAZIL: ELECTRIC MOTORS MARKET, BY AGRICULTURE END USER,  2024–2029 (USD MILLION)                319

TABLE 575               BRAZIL: ELECTRIC MOTORS MARKET, BY TRANSPORTATION END USER, 2020–2023 (USD MILLION)                319

TABLE 576               BRAZIL: ELECTRIC MOTORS MARKET, BY TRANSPORTATION END USER, 2024–2029 (USD MILLION)                319

TABLE 577               ARGENTINA: ELECTRIC MOTORS MARKET, BY TYPE, 2020–2023 (USD MILLION)                  320

TABLE 578               ARGENTINA: ELECTRIC MOTORS MARKET, BY TYPE, 2024–2029 (USD MILLION)                  320

TABLE 579               ARGENTINA: ELECTRIC MOTORS MARKET, BY END USER, 2020–2023 (USD MILLION) 320

TABLE 580               ARGENTINA: ELECTRIC MOTORS MARKET, BY END USER, 2024–2029 (USD MILLION) 321

TABLE 581               ARGENTINA: ELECTRIC MOTORS MARKET, BY INDUSTRIAL END USER,  2020–2023 (USD MILLION)                321

TABLE 582               ARGENTINA: ELECTRIC MOTORS MARKET, BY INDUSTRIAL END USER,  2024–2029 (USD MILLION)                322

TABLE 583               ARGENTINA: ELECTRIC MOTORS MARKET, BY COMMERCIAL END USER,  2020–2023 (USD MILLION)   322

TABLE 584               ARGENTINA: ELECTRIC MOTORS MARKET, BY COMMERCIAL END USER,  2024–2029 (USD MILLION)   323

TABLE 585               ARGENTINA: ELECTRIC MOTORS MARKET, BY RESIDENTIAL END USER,  2020–2023 (USD MILLION)   323

TABLE 586               ARGENTINA: ELECTRIC MOTORS MARKET, BY RESIDENTIAL END USER,  2024–2029 (USD MILLION)   323

TABLE 587               ARGENTINA: ELECTRIC MOTORS MARKET, BY AGRICULTURE END USER,  2020–2023 (USD MILLION)   323

TABLE 588               ARGENTINA: ELECTRIC MOTORS MARKET, BY AGRICULTURE END USER,  2024–2029 (USD MILLION)   324

TABLE 589               ARGENTINA: ELECTRIC MOTORS MARKET, BY TRANSPORTATION END USER, 2020–2023 (USD MILLION)   324

TABLE 590               ARGENTINA: ELECTRIC MOTORS MARKET, BY TRANSPORTATION END USER, 2024–2029 (USD MILLION)   324

TABLE 591               REST OF SOUTH AMERICA: ELECTRIC MOTORS MARKET, BY TYPE,  2020–2023 (USD MILLION)                325

TABLE 592               REST OF SOUTH AMERICA: ELECTRIC MOTORS MARKET, BY TYPE,  2024–2029 (USD MILLION)                325

TABLE 593               REST OF SOUTH AMERICA: ELECTRIC MOTORS MARKET, BY END USER,  2020–2023 (USD MILLION)   325

TABLE 594               REST OF SOUTH AMERICA: ELECTRIC MOTORS MARKET, BY END USER,  2024–2029 (USD MILLION)   326

TABLE 595               REST OF SOUTH AMERICA: ELECTRIC MOTORS MARKET, BY INDUSTRIAL END USER,  2020–2023 (USD MILLION)      326

TABLE 596               REST OF SOUTH AMERICA: ELECTRIC MOTORS MARKET, BY INDUSTRIAL END USER,  2024–2029 (USD MILLION)      327

TABLE 597               REST OF SOUTH AMERICA: ELECTRIC MOTORS MARKET, BY COMMERCIAL END USER,  2020–2023 (USD MILLION)      327

TABLE 598               REST OF SOUTH AMERICA: ELECTRIC MOTORS MARKET, BY COMMERCIAL END USER,  2024–2029 (USD MILLION)      328

TABLE 599               REST OF SOUTH AMERICA: ELECTRIC MOTORS MARKET, BY RESIDENTIAL END USER,  2020–2023 (USD MILLION)      328

TABLE 600               REST OF SOUTH AMERICA: ELECTRIC MOTORS MARKET, BY RESIDENTIAL END USER,  2024–2029 (USD MILLION)      328

TABLE 601               REST OF SOUTH AMERICA: ELECTRIC MOTORS MARKET, BY AGRICULTURE END USER,  2020–2023 (USD MILLION)      328

TABLE 602               REST OF SOUTH AMERICA: ELECTRIC MOTORS MARKET, BY AGRICULTURE END USER,  2024–2029 (USD MILLION)      329

TABLE 603               REST OF SOUTH AMERICA: ELECTRIC MOTORS MARKET, BY TRANSPORTATION END USER, 2020–2023 (USD MILLION) 329

TABLE 604               REST OF SOUTH AMERICA: ELECTRIC MOTORS MARKET, BY TRANSPORTATION END USER, 2024–2029 (USD MILLION) 329

TABLE 605               ELECTRIC MOTORS MARKET: OVERVIEW OF STRATEGIES ADOPTED BY KEY PLAYERS, 2020–2024            330

TABLE 606               ELECTRIC MOTORS MARKET: DEGREE OF COMPETITION, 2023            332

TABLE 607               ELECTRIC MOTORS MARKET: TYPE FOOTPRINT     339

TABLE 608               ELECTRIC MOTORS MARKET: POWER RATING FOOTPRINT    340

TABLE 609               ELECTRIC MOTORS MARKET: VOLTAGE FOOTPRINT                341

TABLE 610               ELECTRIC MOTORS MARKET: END USER FOOTPRINT             342

TABLE 611               ELECTRIC MOTORS MARKET: REGION FOOTPRINT 343

TABLE 612               ELECTRIC MOTORS MARKET: DETAILED LIST OF KEY START-UPS/SMES                  346

TABLE 613               ELECTRIC MOTORS MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES    347

TABLE 614               ELECTRIC MOTORS MARKET: PRODUCT LAUNCHES, JANUARY 2020–JUNE 2024        347

TABLE 615               ELECTRIC MOTORS MARKET: DEALS, JANUARY 2020–JUNE 2024        350

TABLE 616               ELECTRIC MOTORS MARKET: EXPANSIONS, JANUARY 2020–JUNE 2024                  352

TABLE 617               ELECTRIC MOTORS MARKET: OTHER DEVELOPMENTS, JANUARY 2020–JUNE 2024        353

TABLE 618               ABB: COMPANY OVERVIEW     356

TABLE 619               ABB: PRODUCTS/SERVICES/SOLUTIONS OFFERED                357

TABLE 620               ABB: PRODUCT LAUNCHES      359

TABLE 621               ABB: DEALS              360

TABLE 622               ABB: OTHER DEVELOPMENTS 360

TABLE 623               SIEMENS: COMPANY OVERVIEW              363

TABLE 624               SIEMENS: PRODUCTS/SERVICES/SOLUTIONS OFFERED       364

TABLE 625               SIEMENS: PRODUCT LAUNCHES              365

TABLE 626               SIEMENS: DEALS     365

TABLE 627               SIEMENS: OTHER DEVELOPMENTS         366

TABLE 628               SIEMENS: EXPANSIONS           367

TABLE 629               NIDEC CORPORATION: COMPANY OVERVIEW         368

TABLE 630               NIDEC CORPORATION: PRODUCTS/SERVICES/SOLUTIONS OFFERED   369

TABLE 631               NIDEC CORPORATION: PRODUCT LAUNCHES          370

TABLE 632               NIDEC CORPORATION: DEALS 372

TABLE 633               NIDEC CORPORATION: EXPANSIONS      373

TABLE 634               HITACHI: COMPANY OVERVIEW                374

TABLE 635               HITACHI: PRODUCTS/SERVICES/SOLUTIONS OFFERED         375

TABLE 636               WEG: COMPANY OVERVIEW    377

TABLE 637               WEG: PRODUCTS/SERVICES/SOLUTIONS OFFERED               378

TABLE 638               WEG: PRODUCT LAUNCHES    379

TABLE 639               WEG: DEALS             380

TABLE 640               WEG: OTHER DEVELOPMENTS                 380

TABLE 641               WOLONG ELECTRIC GROUP: COMPANY OVERVIEW                 382

TABLE 642               WOLONG ELECTRIC GROUP: PRODUCTS/SERVICES/SOLUTIONS OFFERED                  382

TABLE 643               WOLONG ELECTRIC GROUP: PRODUCT LAUNCHES                 383

TABLE 644               WOLONG ELECTRIC GROUP: DEALS        383

TABLE 645               ROBERT BOSCH GMBH: COMPANY OVERVIEW       385

TABLE 646               ROBERT BOSCH GMBH: PRODUCTS/SERVICES/SOLUTIONS OFFERED 386

TABLE 647               REGAL REXNORD CORPORATION: COMPANY OVERVIEW        388

TABLE 648               REGAL REXNORD CORPORATION: PRODUCTS/SERVICES/SOLUTIONS OFFERED                  389

TABLE 649               REGAL REXNORD CORPORATION: PRODUCT LAUNCHES        390

TABLE 650               REGAL REXNORD CORPORATION: DEALS                390

TABLE 651               TOSHIBA CORPORATION: COMPANY OVERVIEW     392

TABLE 652               TOSHIBA CORPORATION: PRODUCTS/SERVICES/SOLUTIONS OFFERED                  393

TABLE 653               TOSHIBA CORPORATION: PRODUCT LAUNCHES     394

TABLE 654               TOSHIBA CORPORATION: DEALS              395

TABLE 655               ROCKWELL AUTOMATION: COMPANY OVERVIEW   396

TABLE 656               ROCKWELL AUTOMATION: PRODUCTS/SERVICES/SOLUTIONS OFFERED                  397

TABLE 657               ROCKWELL AUTOMATION: PRODUCT LAUNCHES   398

TABLE 658               ROCKWELL AUTOMATION: DEALS            399

TABLE 659               FRANKLIN ELECTRIC: COMPANY OVERVIEW           400

TABLE 660               FRANKLIN ELECTRIC: PRODUCTS/SERVICES/SOLUTIONS OFFERED     402

TABLE 661               FRANKLIN ELECTRIC: DEALS   402

TABLE 662               HYOSUNG HEAVY INDUSTRIES: COMPANY OVERVIEW            403

TABLE 663               HYOSUNG HEAVY INDUSTRIES: PRODUCTS/SERVICES/SOLUTIONS OFFERED                  404

TABLE 664               TECO ELECTRIC & MACHINERY: COMPANY OVERVIEW           405

TABLE 665               TECO ELECTRIC & MACHINERY: PRODUCTS/SERVICES/SOLUTIONS OFFERED                  406

TABLE 666               JOHNSON ELECTRIC HOLDINGS LIMITED: COMPANY OVERVIEW            408

TABLE 667               JOHNSON ELECTRIC HOLDINGS LIMITED: PRODUCTS/SERVICES/SOLUTIONS OFFERED 409

TABLE 668               JOHNSON ELECTRIC HOLDINGS LIMITED: PRODUCT LAUNCHES            411

TABLE 669               JOHNSON ELECTRIC HOLDINGS LIMITED: DEALS   412

TABLE 670               AMETEK, INC.: COMPANY OVERVIEW      413

TABLE 671               AMETEK, INC.: PRODUCTS/SERVICES/SOLUTIONS OFFERED                 414

TABLE 672               AMETEK, INC.: PRODUCT LAUNCHES      415

TABLE 673               AMETEK, INC.: DEALS               415

TABLE 674               ALLIED MOTION, INC.: COMPANY OVERVIEW          416

TABLE 675               ALLIED MOTION, INC.: PRODUCTS/SERVICES/SOLUTIONS OFFERED    417

TABLE 676               ALLIED MOTION, INC.: DEALS  419

TABLE 677               BÜHLER MOTOR GMBH: COMPANY OVERVIEW      420

TABLE 678               BÜHLER MOTOR GMBH: PRODUCTS/SERVICES/SOLUTIONS OFFERED 420

TABLE 679               FAULHABER GROUP: COMPANY OVERVIEW             421

TABLE 680               FAULHABER GROUP: PRODUCTS/SERVICES/SOLUTIONS OFFERED      421

TABLE 681               FAULHABER GROUP: PRODUCT LAUNCHES             422

TABLE 682               MAXON: COMPANY OVERVIEW                 423

TABLE 683               MAXON: PRODUCTS/SERVICES/SOLUTIONS OFFERED          423

TABLE 684               MAXON: PRODUCT LAUNCHES                 424

TABLE 685               ARC SYSTEMS INC.: COMPANY OVERVIEW              425

TABLE 686               ARC SYSTEMS INC.: PRODUCTS/SERVICES/SOLUTIONS OFFERED       425

LIST OF FIGURES

FIGURE 1 ELECTRIC MOTORS MARKET: RESEARCH DESIGN 50

FIGURE 2 ELECTRIC MOTORS MARKET: DATA TRIANGULATION              51

FIGURE 3 MAIN METRICS CONSIDERED FOR ASSESSING DEMAND FOR ELECTRIC MOTORS                  54

FIGURE 4 ELECTRIC MOTORS MARKET: BOTTOM-UP APPROACH           55

FIGURE 5 ELECTRIC MOTORS MARKET: TOP-DOWN APPROACH            56

FIGURE 6 ELECTRIC MOTORS MARKET: REGION-WISE ANALYSIS           56

FIGURE 7 ELECTRIC MOTORS MARKET: SUPPLY-SIDE ANALYSIS           58

FIGURE 8 KEY METRICS CONSIDERED FOR ASSESSING SUPPLY OF ELECTRIC MOTORS      59

FIGURE 9 COMPANY REVENUE ANALYSIS, 2023    60

FIGURE 10                ASIA PACIFIC DOMINATED ELECTRIC MOTORS MARKET IN 2023           63

FIGURE 11                AC MOTORS TO HOLD LARGER MARKET SHARE DURING FORECAST PERIOD                  64

FIGURE 12                <1 KW SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE DURING

FORECAST PERIOD  64

FIGURE 13                MEDIUM VOLTAGE MOTORS SEGMENT TO LEAD OVERALL ELECTRIC MOTORS MARKET DURING FORECAST PERIOD     65

FIGURE 14                INNER ROTOR SEGMENT TO DOMINATE OVERALL MARKET DURING

FORECAST PERIOD  65

FIGURE 15                <1 HP MOTORS SEGMENT TO LEAD ELECTRIC MOTORS MARKET DURING FORECAST PERIOD  66

FIGURE 16                INDUSTRIAL SEGMENT TO DOMINATE ELECTRIC MOTORS MARKET DURING FORECAST PERIOD  66

FIGURE 17                RISING DEMAND FOR ENERGY-EFFICIENT AND LOW-COST MAINTENANCE

MOTORS TO DRIVE MARKET   67

FIGURE 18                CHINA TO DOMINATE ELECTRIC MOTORS MARKET IN ASIA PACIFIC      67

FIGURE 19                AC MOTORS TO ACCOUNT FOR LARGER MARKET SHARE DURING

FORECAST PERIOD  68

FIGURE 20                <1 KW ELECTRIC MOTORS SEGMENT TO ACCOUNTED FOR LARGEST

MARKET SHARE IN 2029        68

FIGURE 21                MEDIUM VOLTAGE MOTORS TO ACCOUNT FOR LARGEST SHARE OF

OVERALL MARKET IN 2029     69

FIGURE 22                INNER ROTOR SEGMENT TO DOMINATE ELECTRIC MOTORS MARKET  69

FIGURE 23                <1 HP ELECTRIC MOTORS SEGMENT TO DOMINATE MARKET DURING

FORECAST PERIOD  69

FIGURE 24                INDUSTRIAL TO BE LARGEST END USER OF ELECTRIC MOTORS DURING FORECAST PERIOD  70

FIGURE 25                ELECTRIC MOTORS MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES,

AND CHALLENGES  71

FIGURE 26                GLOBAL EV SALES, 2020−2023 (THOUSAND UNITS)             75

FIGURE 27                GLOBAL INSTALLATIONS OF INDUSTRIAL ROBOT, 2015–2022              76

FIGURE 28                TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS  77

FIGURE 29                FUNDING FOR PLAYERS IN ELECTRIC MOTORS MARKET (UPTO 2024) 83

FIGURE 30                EXPORT DATA FOR MOTORS OF OUTPUT <= 37.5 W FOR TOP 5 COUNTRIES,

2021–2023             85

FIGURE 31                IMPORT DATA FOR MOTORS OF OUTPUT <= 37.5 W FOR TOP 5 COUNTRIES,

2021–2023             86

FIGURE 32                EXPORT DATA FOR UNIVERSAL AC-DC MOTORS OF OUTPUT > 37.5 W FOR TOP 5 COUNTRIES, 2021–2023    88

FIGURE 33                IMPORT DATA FOR UNIVERSAL AC-DC MOTORS OF OUTPUT > 37.5 W FOR TOP 5 COUNTRIES, 2021–2023    89

FIGURE 34                INNOVATIONS AND PATENT REGISTRATIONS PERTAINING TO ELECTRIC MOTORS, 2013–2023            90

FIGURE 35                AVERAGE SELLING PRICE OF ELECTRIC MOTORS OFFERED BY THREE KEY PLAYERS, BY TYPE (USD/UNIT)                93

FIGURE 36                AVERAGE PRICING ANALYSIS, BY REGION (USD/UNIT)           94

FIGURE 37                ELECTRIC MOTORS MARKET: PORTER’S FIVE FORCES ANALYSIS          100

FIGURE 38                INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS, BY END USER 102

FIGURE 39                KEY BUYING CRITERIA FOR END USERS 103

FIGURE 40                IMPACT OF GENERATIVE AI/AI ON END USERS, BY REGION   104

FIGURE 41                ELECTRIC MOTOR MARKET SHARE, BY TYPE          107

FIGURE 42                ELECTRIC MOTORS MARKET SHARE, BY POWER RATING       117

FIGURE 43                ELECTRIC MOTORS MARKET SHARE, BY VOLTAGE 125

FIGURE 44                ELECTRIC MOTORS MARKET SHARE, BY ROTOR TYPE, 2023 130

FIGURE 45                ELECTRIC MOTORS MARKET SHARE, BY OUTPUT POWER      134

FIGURE 46                ELECTRIC MOTORS MARKET SHARE, BY END USER                138

FIGURE 47                ASIA PACIFIC TO REGISTER HIGHEST CAGR IN ELECTRIC MOTORS MARKET DURING FORECAST PERIOD    152

FIGURE 48                ELECTRIC MOTORS MARKET SHARE, BY REGION (2023)       153

FIGURE 49                ASIA PACIFIC: ELECTRIC MOTORS MARKET SNAPSHOT          155

FIGURE 50                EUROPE: ELECTRIC MOTORS MARKET SNAPSHOT 193

FIGURE 51                ELECTRIC MOTORS MARKET SHARE ANALYSIS, 2023            332

FIGURE 52                ELECTRIC MOTORS MARKET: REVENUE ANALYSIS OF FOUR KEY PLAYERS,

2019–2023             333

FIGURE 53                ELECTRIC MOTORS MARKET: FINANCIAL METRICS (EV/EBITDA)            333

FIGURE 54                ELECTRIC MOTORS MARKET: COMPANY VALUATION              334

FIGURE 55                ELECTRIC MOTORS MARKET: BRAND/PRODUCT COMPARISON             335

FIGURE 56                ELECTRIC MOTORS MARKET: COMPANY EVALUATION MATRIX

(KEY PLAYERS), 2023            337

FIGURE 57                ELECTRIC MOTORS MARKET: COMPANY FOOTPRINT              338

FIGURE 58                ELECTRIC MOTORS MARKET: COMPANY EVALUATION MATRIX

(STARTUPS/SMES), 2023       345

FIGURE 59                ABB: COMPANY SNAPSHOT, 2023          357

FIGURE 60                SIEMENS: COMPANY SNAPSHOT, 2023 364

FIGURE 61                NIDEC CORPORATION: COMPANY SNAPSHOT, 2023              369

FIGURE 62                HITACHI: COMPANY SNAPSHOT, 2023   375

FIGURE 63                WEG: COMPANY SNAPSHOT, 2023         378

FIGURE 64                ROBERT BOSCH GMBH: COMPANY SNAPSHOT, 2023            386

FIGURE 65                REGAL REXNORD CORPORATION: COMPANY SNAPSHOT, 2023             389

FIGURE 66                TOSHIBA CORPORATION: COMPANY SNAPSHOT, 2022          393

FIGURE 67                ROCKWELL AUTOMATION: COMPANY SNAPSHOT, 2023        397

FIGURE 68                FRANKLIN ELECTRIC: COMPANY SNAPSHOT, 2023                401

FIGURE 69                HYOSUNG HEAVY INDUSTRIES: COMPANY SNAPSHOT, 2022                 403

FIGURE 70                TECO ELECTRIC & MACHINERY: COMPANY SNAPSHOT, 2023                406

FIGURE 71                JOHNSON ELECTRIC HOLDINGS LIMITED: COMPANY SNAPSHOT, 2023                  409

FIGURE 72                AMETEK, INC.: COMPANY SNAPSHOT, 2023           414

FIGURE 73                ALLIED MOTION, INC.: COMPANY SNAPSHOT, 2023               417