This Electric Engine Market report has been prepared by considering several fragments of the present and upcoming market scenario. The market insights gained through this market research analysis report facilitates more clear understanding of the market landscape, issues that may interrupt in the future, and ways to position definite brand excellently. It consists of most-detailed market segmentation, thorough analysis of major market players, trends in consumer and supply chain dynamics, and insights about new geographical markets. The market insights covered in Magnet report simplifies managing marketing of goods and services effectively.
Data Bridge Market Research analyses that the electric engine market would exhibit a CAGR of 6.18% for the forecast period.This signifies that, the global electric engine market would stand tall by USD 181.89 billion by the year 2028.
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Market Overview:
Rising urbanization and industrialization in the developing economies and increasing electrification and automation in the industrial processes are the two major factors attributable to the growth of electric engine market.Also known as elector motor, electric engine is a machine that is used to convert electrical energy into mechanical energy. Electric engines are used for a wide range of applications and work on the principle of electromagnetism.
Some of the major players operating in the Electric Engine Market are ABB, DENSO CORPORATION, GENERAL ELECTRIC COMPANY, YASA Limited, Arc Systems Inc., BorgWarner Inc., Brook Crompton UK Ltd, FAULHABER MICROMO, LLC, zytek automotive, Marelli Holdings Co,. Ltd., Torqeedo GmbH, PEEI, Oceanvolt, Elaphe Propulsion Technologies Ltd., Johnson Electric Holdings Limited, Portescap, Lafert S.p.A, Brose Fahrzeugteile SE & Co. KG, Amber Group India and AMETEK Inc. among other domestic and global players.
Global Electric Engine Market Scope
The electric engine market is segmented on the basis of motor type, output power, voltage range, speed and application. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- Global electric engine market, on the basis of motor type has been segmented into alternate current (AC) motor, direct current (DC) motor and hermetic motor. AC motors are further segmented into induction AC motors and synchronous AC motors. DC motors are also further segmented into brushed DC motors and brushless DC motors.
- Based on output power, global electric engine market has been segmented into integral horsepower output and fractional horsepower output.
- Based on voltage range, global electric engine market has been segmented into 9v and below, 10-20v, 21-60v and 60v and above.
- Based on speed, global electric engine market has been segmented into low-speed electric motors, medium-speed electric motors, high-speed electric motors and ultrahigh-speed electric motors.
- On the basis of application, global electric engine market has been segmented into industrial machinery, motor vehicles, heating, ventilating, and cooling (HVAC) equipment, aerospace and transportation, household appliances and other commercial application.
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Table of Content:
Part 01: Executive Summary
Part 02: Scope of the Report
Part 03: Global Electric Engine Market Landscape
Part 04: Global Electric Engine Market Sizing
Part 05: Global Electric Engine Market Segmentation By Product
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
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