Key Insights
The North American electric motors market is poised for substantial expansion, projected to reach an estimated $212.96 billion in 2025. This growth is fueled by a confluence of factors including the accelerating adoption of energy-efficient technologies across residential, commercial, and industrial sectors, driven by stringent environmental regulations and increasing electricity costs. The automotive industry's rapid shift towards electric vehicles (EVs) represents a significant catalyst, demanding a robust supply of high-performance electric motors. Furthermore, advancements in motor technology, such as the development of more efficient permanent magnet motors and intelligent control systems, are enhancing operational performance and reducing energy consumption, thereby encouraging broader market penetration. The ongoing industrial automation and smart manufacturing initiatives across North America are also creating sustained demand for sophisticated electric motor solutions.
NA Electric Motors Market Market Size (In Billion)
The market is expected to maintain a healthy trajectory with a Compound Annual Growth Rate (CAGR) of 8.5% over the forecast period. Key drivers include the increasing demand for DC motors in portable electronics and electric vehicles, alongside the continued prevalence of AC motors in industrial and commercial applications. Within voltage segments, the "Less Than 1 KV" category is likely to see considerable growth due to its widespread use in residential and light commercial settings, while "Between 1 KV - 6 KV" motors will remain critical for industrial machinery. Restraints, such as the high initial cost of some advanced motor technologies and the complexity of integration in legacy systems, are being steadily addressed through innovation and evolving industry standards. Major players like Rockwell Automation, ABB Ltd, Siemens AG, and Nidec Corporation are heavily investing in research and development to offer innovative solutions that cater to these dynamic market needs and consolidate their market positions.
NA Electric Motors Market Company Market Share
NA Electric Motors Market: Comprehensive Analysis and Future Outlook (2019-2033)
This in-depth report provides a comprehensive analysis of the North American Electric Motors Market, forecasting its trajectory from 2019 to 2033. With a base year of 2025 and a robust forecast period of 2025-2033, this study delves into market dynamics, growth trends, regional dominance, product landscape, key drivers, challenges, opportunities, and strategic insights. Utilizing high-traffic keywords such as "electric motors North America," "AC motors market," "DC motors market," "automotive electric motors," "industrial electric motors," and "residential electric motors," this report is optimized for maximum search engine visibility and designed to engage industry professionals, investors, and stakeholders seeking critical intelligence on this rapidly evolving sector. We present all values in billion units for clarity and immediate understanding of market scale.
NA Electric Motors Market Market Dynamics & Structure
The North American electric motors market is characterized by a dynamic interplay of technological innovation, evolving regulatory landscapes, and shifting end-user demands. Market concentration is moderately fragmented, with key players like Siemens AG, ABB Ltd, Rockwell Automation, Emerson Electric Co, and Nidec Corporation holding significant shares, yet a healthy number of specialized manufacturers contribute to competitive product substitutes. Technological innovation drivers include advancements in motor efficiency, miniaturization, and integration with smart technologies, particularly for industrial and automotive applications. Regulatory frameworks, such as energy efficiency standards, are increasingly pushing for the adoption of high-efficiency electric motors, influencing both manufacturing processes and consumer choices. End-user demographics reveal a growing demand from the industrial sector, driven by automation and electrification initiatives, alongside a burgeoning automotive segment fueled by the electric vehicle (EV) revolution. Mergers and acquisitions (M&A) activity, while not at an extreme level, indicates strategic consolidation and expansion efforts by larger corporations aiming to enhance their product portfolios and market reach in this dynamic electric motors North America landscape. Innovation barriers include high R&D costs for cutting-edge motor designs and the established infrastructure for traditional internal combustion engine technologies.
- Market Concentration: Moderately fragmented with a blend of large multinational corporations and specialized regional players.
- Technological Innovation Drivers: Enhanced efficiency, smart motor integration, IoT connectivity, power density improvements, and advanced materials.
- Regulatory Frameworks: Stringent energy efficiency standards (e.g., IE4, IE5), emissions regulations promoting electrification, and safety compliance mandates.
- Competitive Product Substitutes: While direct substitutes are limited for core motor functionalities, advancements in power electronics and alternative energy generation methods indirectly influence demand.
- End-User Demographics: Strong growth in industrial automation, EV manufacturing, renewable energy integration, and the residential/commercial building management sectors.
- M&A Trends: Strategic acquisitions focused on expanding technological capabilities, market access, and product diversification in areas like electric vehicle powertrains and smart grid solutions.
NA Electric Motors Market Growth Trends & Insights
The North American electric motors market is poised for significant growth, driven by a confluence of economic, technological, and environmental factors. The market size is projected to expand from approximately $28.5 billion in 2024 to an estimated $45.2 billion by 2033, exhibiting a Compound Annual Growth Rate (CAGR) of 5.2% during the forecast period. This expansion is fueled by the accelerating adoption of electric vehicles (EVs), a critical driver for the automotive electric motors segment. The increasing focus on industrial automation and the Industry 4.0 revolution is also a major contributor, boosting demand for sophisticated industrial electric motors. Consumer behavior shifts towards energy efficiency and sustainability are positively impacting the residential electric motors and commercial electric motors segments. Technological disruptions, such as the development of advanced permanent magnet synchronous motors and the integration of AI for predictive maintenance, are enhancing motor performance and reliability, further accelerating adoption. The penetration of high-efficiency motors is steadily increasing across all applications as companies and consumers become more aware of operational cost savings and environmental benefits. The transition to electrification in transportation and various industrial processes necessitates robust and efficient electric motor solutions, creating substantial market opportunities. This trend is further amplified by government incentives and stringent regulations aimed at reducing carbon emissions. The AC motors market and DC motors market are both witnessing robust growth, with AC motors dominating due to their widespread use in industrial and commercial applications, while DC motors are gaining traction in the automotive sector for EV powertrains and auxiliary systems.
Dominant Regions, Countries, or Segments in NA Electric Motors Market
Within the North American electric motors market, the Industrial application segment stands as the most dominant force driving market growth. This dominance is underpinned by extensive industrialization across the United States, Canada, and Mexico, characterized by robust manufacturing sectors, significant investments in automation, and the ongoing integration of Industry 4.0 principles. The United States itself is the leading country, accounting for a substantial portion of the regional market share, propelled by its vast manufacturing base and early adoption of advanced technologies.
Dominant Segment: Industrial Application
- Key Drivers:
- Automation and Robotics: Widespread adoption of automated systems in manufacturing, logistics, and warehousing directly translates to increased demand for industrial electric motors.
- Energy Efficiency Initiatives: Stringent energy efficiency mandates and the pursuit of operational cost reductions drive the replacement of older, less efficient motors with advanced AC and DC motor technologies.
- Infrastructure Development: Ongoing investments in infrastructure, including smart grids, renewable energy projects, and industrial plant upgrades, require a significant number of electric motors.
- Manufacturing Reshoring: The trend of reshoring manufacturing operations to North America is further bolstering demand for industrial equipment powered by electric motors.
- Market Share: The industrial segment is estimated to hold approximately 40% of the total NA electric motors market by value.
- Growth Potential: Continues to exhibit strong growth driven by technological advancements and the imperative for operational efficiency.
- Key Drivers:
Leading Country: United States
- Key Drivers:
- Large Industrial Base: Home to diverse and extensive industrial sectors including automotive, aerospace, chemicals, and heavy machinery.
- Technological Adoption: High propensity to adopt cutting-edge technologies in automation, energy management, and electric vehicle production.
- Government Support: Favorable government policies and incentives for manufacturing, clean energy, and electric vehicle infrastructure development.
- Research & Development Hub: Significant R&D investments in motor technology and its applications.
- Market Share: The US market is projected to account for over 65% of the total North American electric motors market.
- Growth Potential: Strong, sustained growth driven by technological innovation and strategic industrial investments.
- Key Drivers:
Dominant Motor Type: AC Motor
- Key Drivers:
- Versatility and Reliability: AC motors are known for their robustness, reliability, and wide range of applications, from small appliances to large industrial machinery.
- Cost-Effectiveness: Generally more cost-effective for many applications compared to comparable DC motors.
- Industrial Standard: The de facto standard for a vast majority of industrial machinery, pumps, fans, and compressors.
- Market Share: AC motors are estimated to hold around 60% of the total NA electric motors market by volume.
- Growth Potential: Steady growth, with a significant portion of this driven by high-efficiency models.
- Key Drivers:
Dominant Voltage Type: Higher Than 6 KV
- Key Drivers:
- Heavy-Duty Industrial Applications: Essential for powering large industrial equipment, such as compressors, pumps, and crushers in mining, oil & gas, and large-scale manufacturing.
- Power Generation: Critical components in power plants for driving turbines and other heavy machinery.
- Infrastructure Projects: High-voltage motors are integral to large-scale infrastructure development and industrial expansion.
- Market Share: This segment accounts for a significant portion of the high-value industrial motor market.
- Growth Potential: Stable growth, linked to major industrial investments and infrastructure projects.
- Key Drivers:
NA Electric Motors Market Product Landscape
The North American electric motors market is witnessing a continuous stream of product innovations focused on enhancing efficiency, power density, and intelligence. Manufacturers are developing advanced AC motors, particularly permanent magnet synchronous motors (PMSM) and reluctance motors, offering superior energy savings and performance for applications ranging from industrial machinery to electric vehicles. DC motors, especially brushless DC (BLDC) motors, are seeing significant advancements for their use in battery-powered devices, automotive powertrains, and robotics. Key technological advancements include improved winding techniques, novel magnetic materials, and integrated sensor technologies for real-time performance monitoring and diagnostics. The integration of IoT capabilities allows for smart motor solutions that enable predictive maintenance, remote control, and optimized operation, thereby reducing downtime and operational costs across all sectors. Performance metrics are increasingly being benchmarked against higher IE efficiency classes (IE4 and IE5), driving innovation in motor design and manufacturing.
Key Drivers, Barriers & Challenges in NA Electric Motors Market
Key Drivers:
- Electrification Trend: The global push towards electrification, particularly in the automotive sector (EVs) and industrial processes, is the primary growth driver.
- Energy Efficiency Mandates: Government regulations and corporate sustainability goals are compelling the adoption of high-efficiency electric motors, driving demand for advanced technologies.
- Industrial Automation: The ongoing trend of automation and the adoption of Industry 4.0 principles in manufacturing and logistics necessitate sophisticated electric motor solutions.
- Technological Advancements: Continuous innovation in motor design, materials, and control systems leads to improved performance, reduced energy consumption, and new application possibilities.
- Renewable Energy Integration: The expansion of renewable energy sources like wind and solar requires efficient electric motors for turbines, solar tracking systems, and grid integration.
Barriers & Challenges:
- Supply Chain Volatility: Disruptions in the supply of raw materials, such as rare earth magnets and specialized alloys, can impact production and increase costs.
- High Initial Investment: While energy-efficient motors offer long-term savings, their higher upfront cost can be a barrier for some small and medium-sized enterprises (SMEs).
- Competition from Existing Technologies: In some niche applications, traditional internal combustion engines or other power sources may still offer a perceived advantage, albeit diminishing.
- Skilled Workforce Gap: The increasing complexity of advanced motor technologies and their integration requires a skilled workforce for manufacturing, installation, and maintenance.
- Regulatory Harmonization: Differences in regulatory standards across North American countries can create complexities for manufacturers operating regionally.
- Economic Downturns: Global economic slowdowns can impact industrial investment and consumer spending, indirectly affecting demand for electric motors.
Emerging Opportunities in NA Electric Motors Market
Emerging opportunities within the North American electric motors market are largely concentrated in the burgeoning electric vehicle (EV) ecosystem and the expanding renewable energy sector. The increasing demand for high-performance, lightweight, and efficient electric motors for passenger cars, trucks, and buses presents a significant growth avenue. Advancements in battery technology and charging infrastructure further fuel this trend. Furthermore, the integration of smart technologies and AI into electric motors for predictive maintenance and optimized performance opens up new service-based revenue streams. The growth of distributed energy systems and microgrids also creates demand for specialized electric motors in energy storage and power management solutions. The aerospace sector, as evidenced by recent industry developments, is another emerging frontier for advanced electric propulsion systems.
Growth Accelerators in the NA Electric Motors Market Industry
Several key factors are accelerating the growth of the NA electric motors market. The rapid expansion of the electric vehicle market, supported by government incentives and a growing consumer preference for sustainable transportation, is a primary accelerator, driving substantial demand for automotive-grade electric motors. Simultaneously, the ongoing wave of industrial automation and the smart factory revolution are pushing for more efficient, reliable, and connected industrial electric motors. Technological breakthroughs, such as advancements in power electronics and motor control algorithms, are enabling higher performance and greater energy savings, making electric motors more attractive across diverse applications. Strategic partnerships between technology providers and end-users, like the collaborations seen between automotive suppliers and automation giants, are speeding up product development and market adoption. The increasing global focus on decarbonization and sustainability is also a powerful accelerator, creating a favorable policy environment and driving investment in energy-efficient technologies.
Key Players Shaping the NA Electric Motors Market Market
- Rockwell Automation
- Brook Corporation
- ABB Ltd
- Denso Corporation
- Hitachi Ltd
- Emerson Electric Co
- Siemens AG
- Toshibha Corporation
- Robert Bosch GmbH
- Nidec Corporation
- General Electric Company
- Mitsubishi Heavy Industries Ltd
Notable Milestones in NA Electric Motors Market Sector
- May 2022: DENSO Corporation and Honeywell co-developed an electric motor (e-motor) for the Lilium Jet, marking DENSO's entry into the aerospace market and a significant advancement in electric propulsion for aviation.
- April 2022: ZEVx Inc. and Rockwell Automation Inc. established a three-year strategic partnership to accelerate the adoption of electric vehicles by enabling bespoke fleet conversion kits, thereby increasing demand for electric motors through Rockwell's technological expertise and established service networks.
In-Depth NA Electric Motors Market Market Outlook
The North American electric motors market is characterized by strong and sustained growth, propelled by the undeniable shift towards electrification across multiple key sectors. The automotive industry's rapid transition to electric vehicles presents an unparalleled opportunity for motor manufacturers. Simultaneously, the imperative for energy efficiency in industrial and commercial applications, driven by both regulatory pressure and economic incentives, ensures a steady demand for high-performance electric motors. Continued innovation in areas such as advanced materials, intelligent control systems, and IoT integration will further enhance the value proposition of electric motors, making them indispensable for a sustainable and technologically advanced future. Strategic partnerships and ongoing investments in research and development are expected to fuel further market expansion, solidifying the North American region's position as a global leader in electric motor technology and adoption.
NA Electric Motors Market Segmentation
-
1. Motor Type
- 1.1. DC Motor
- 1.2. AC Motor
-
2. Voltage Type
- 2.1. Less Than 1 KV
- 2.2. Between 1 KV - 6 KV
- 2.3. Higher Than 6 KV
-
3. Application
- 3.1. Residential
- 3.2. Commercial
- 3.3. Industrial
- 3.4. Automotive
NA Electric Motors Market Segmentation By Geography
-
1. North America
- 1.1. United States
- 1.2. Canada
- 1.3. Mexico
-
2. South America
- 2.1. Brazil
- 2.2. Argentina
- 2.3. Rest of South America
-
3. Europe
- 3.1. United Kingdom
- 3.2. Germany
- 3.3. France
- 3.4. Italy
- 3.5. Spain
- 3.6. Russia
- 3.7. Benelux
- 3.8. Nordics
- 3.9. Rest of Europe
-
4. Middle East & Africa
- 4.1. Turkey
- 4.2. Israel
- 4.3. GCC
- 4.4. North Africa
- 4.5. South Africa
- 4.6. Rest of Middle East & Africa
-
5. Asia Pacific
- 5.1. China
- 5.2. India
- 5.3. Japan
- 5.4. South Korea
- 5.5. ASEAN
- 5.6. Oceania
- 5.7. Rest of Asia Pacific
NA Electric Motors Market Regional Market Share
Geographic Coverage of NA Electric Motors Market
NA Electric Motors Market REPORT HIGHLIGHTS
| Aspects | Details |
|---|---|
| Study Period | 2020-2034 |
| Base Year | 2025 |
| Estimated Year | 2026 |
| Forecast Period | 2026-2034 |
| Historical Period | 2020-2025 |
| Growth Rate | CAGR of 8.5% from 2020-2034 |
| Segmentation |
|
Table of Contents
- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 2.1. Introduction
- 3. Market Dynamics
- 3.1. Introduction
- 3.2. Market Drivers
- 3.2.1. Increased Demand for Electric Motors by Robotics and Autonomous Robot Technologies; Rise in Adoption of Electric Vehicles
- 3.3. Market Restrains
- 3.3.1. High cost associated with devices and solutions installation
- 3.4. Market Trends
- 3.4.1. Industrial Sector to Hold Significant Market Share
- 4. Market Factor Analysis
- 4.1. Porters Five Forces
- 4.2. Supply/Value Chain
- 4.3. PESTEL analysis
- 4.4. Market Entropy
- 4.5. Patent/Trademark Analysis
- 5. Global NA Electric Motors Market Analysis, Insights and Forecast, 2020-2032
- 5.1. Market Analysis, Insights and Forecast - by Motor Type
- 5.1.1. DC Motor
- 5.1.2. AC Motor
- 5.2. Market Analysis, Insights and Forecast - by Voltage Type
- 5.2.1. Less Than 1 KV
- 5.2.2. Between 1 KV - 6 KV
- 5.2.3. Higher Than 6 KV
- 5.3. Market Analysis, Insights and Forecast - by Application
- 5.3.1. Residential
- 5.3.2. Commercial
- 5.3.3. Industrial
- 5.3.4. Automotive
- 5.4. Market Analysis, Insights and Forecast - by Region
- 5.4.1. North America
- 5.4.2. South America
- 5.4.3. Europe
- 5.4.4. Middle East & Africa
- 5.4.5. Asia Pacific
- 5.1. Market Analysis, Insights and Forecast - by Motor Type
- 6. North America NA Electric Motors Market Analysis, Insights and Forecast, 2020-2032
- 6.1. Market Analysis, Insights and Forecast - by Motor Type
- 6.1.1. DC Motor
- 6.1.2. AC Motor
- 6.2. Market Analysis, Insights and Forecast - by Voltage Type
- 6.2.1. Less Than 1 KV
- 6.2.2. Between 1 KV - 6 KV
- 6.2.3. Higher Than 6 KV
- 6.3. Market Analysis, Insights and Forecast - by Application
- 6.3.1. Residential
- 6.3.2. Commercial
- 6.3.3. Industrial
- 6.3.4. Automotive
- 6.1. Market Analysis, Insights and Forecast - by Motor Type
- 7. South America NA Electric Motors Market Analysis, Insights and Forecast, 2020-2032
- 7.1. Market Analysis, Insights and Forecast - by Motor Type
- 7.1.1. DC Motor
- 7.1.2. AC Motor
- 7.2. Market Analysis, Insights and Forecast - by Voltage Type
- 7.2.1. Less Than 1 KV
- 7.2.2. Between 1 KV - 6 KV
- 7.2.3. Higher Than 6 KV
- 7.3. Market Analysis, Insights and Forecast - by Application
- 7.3.1. Residential
- 7.3.2. Commercial
- 7.3.3. Industrial
- 7.3.4. Automotive
- 7.1. Market Analysis, Insights and Forecast - by Motor Type
- 8. Europe NA Electric Motors Market Analysis, Insights and Forecast, 2020-2032
- 8.1. Market Analysis, Insights and Forecast - by Motor Type
- 8.1.1. DC Motor
- 8.1.2. AC Motor
- 8.2. Market Analysis, Insights and Forecast - by Voltage Type
- 8.2.1. Less Than 1 KV
- 8.2.2. Between 1 KV - 6 KV
- 8.2.3. Higher Than 6 KV
- 8.3. Market Analysis, Insights and Forecast - by Application
- 8.3.1. Residential
- 8.3.2. Commercial
- 8.3.3. Industrial
- 8.3.4. Automotive
- 8.1. Market Analysis, Insights and Forecast - by Motor Type
- 9. Middle East & Africa NA Electric Motors Market Analysis, Insights and Forecast, 2020-2032
- 9.1. Market Analysis, Insights and Forecast - by Motor Type
- 9.1.1. DC Motor
- 9.1.2. AC Motor
- 9.2. Market Analysis, Insights and Forecast - by Voltage Type
- 9.2.1. Less Than 1 KV
- 9.2.2. Between 1 KV - 6 KV
- 9.2.3. Higher Than 6 KV
- 9.3. Market Analysis, Insights and Forecast - by Application
- 9.3.1. Residential
- 9.3.2. Commercial
- 9.3.3. Industrial
- 9.3.4. Automotive
- 9.1. Market Analysis, Insights and Forecast - by Motor Type
- 10. Asia Pacific NA Electric Motors Market Analysis, Insights and Forecast, 2020-2032
- 10.1. Market Analysis, Insights and Forecast - by Motor Type
- 10.1.1. DC Motor
- 10.1.2. AC Motor
- 10.2. Market Analysis, Insights and Forecast - by Voltage Type
- 10.2.1. Less Than 1 KV
- 10.2.2. Between 1 KV - 6 KV
- 10.2.3. Higher Than 6 KV
- 10.3. Market Analysis, Insights and Forecast - by Application
- 10.3.1. Residential
- 10.3.2. Commercial
- 10.3.3. Industrial
- 10.3.4. Automotive
- 10.1. Market Analysis, Insights and Forecast - by Motor Type
- 11. Competitive Analysis
- 11.1. Global Market Share Analysis 2025
- 11.2. Company Profiles
- 11.2.1 Rockwell Automation
- 11.2.1.1. Overview
- 11.2.1.2. Products
- 11.2.1.3. SWOT Analysis
- 11.2.1.4. Recent Developments
- 11.2.1.5. Financials (Based on Availability)
- 11.2.2 Brook Corporation
- 11.2.2.1. Overview
- 11.2.2.2. Products
- 11.2.2.3. SWOT Analysis
- 11.2.2.4. Recent Developments
- 11.2.2.5. Financials (Based on Availability)
- 11.2.3 ABB Ltd
- 11.2.3.1. Overview
- 11.2.3.2. Products
- 11.2.3.3. SWOT Analysis
- 11.2.3.4. Recent Developments
- 11.2.3.5. Financials (Based on Availability)
- 11.2.4 Denso Corporation
- 11.2.4.1. Overview
- 11.2.4.2. Products
- 11.2.4.3. SWOT Analysis
- 11.2.4.4. Recent Developments
- 11.2.4.5. Financials (Based on Availability)
- 11.2.5 Hitachi Ltd
- 11.2.5.1. Overview
- 11.2.5.2. Products
- 11.2.5.3. SWOT Analysis
- 11.2.5.4. Recent Developments
- 11.2.5.5. Financials (Based on Availability)
- 11.2.6 Emerson Electric Co
- 11.2.6.1. Overview
- 11.2.6.2. Products
- 11.2.6.3. SWOT Analysis
- 11.2.6.4. Recent Developments
- 11.2.6.5. Financials (Based on Availability)
- 11.2.7 Siemens AG
- 11.2.7.1. Overview
- 11.2.7.2. Products
- 11.2.7.3. SWOT Analysis
- 11.2.7.4. Recent Developments
- 11.2.7.5. Financials (Based on Availability)
- 11.2.8 Toshibha Corporation
- 11.2.8.1. Overview
- 11.2.8.2. Products
- 11.2.8.3. SWOT Analysis
- 11.2.8.4. Recent Developments
- 11.2.8.5. Financials (Based on Availability)
- 11.2.9 Robert Bosch GmbH
- 11.2.9.1. Overview
- 11.2.9.2. Products
- 11.2.9.3. SWOT Analysis
- 11.2.9.4. Recent Developments
- 11.2.9.5. Financials (Based on Availability)
- 11.2.10 Nidec Corporation*List Not Exhaustive
- 11.2.10.1. Overview
- 11.2.10.2. Products
- 11.2.10.3. SWOT Analysis
- 11.2.10.4. Recent Developments
- 11.2.10.5. Financials (Based on Availability)
- 11.2.11 General Electric Company
- 11.2.11.1. Overview
- 11.2.11.2. Products
- 11.2.11.3. SWOT Analysis
- 11.2.11.4. Recent Developments
- 11.2.11.5. Financials (Based on Availability)
- 11.2.12 Mitsubishi Heavy Industries Ltd
- 11.2.12.1. Overview
- 11.2.12.2. Products
- 11.2.12.3. SWOT Analysis
- 11.2.12.4. Recent Developments
- 11.2.12.5. Financials (Based on Availability)
- 11.2.1 Rockwell Automation
List of Figures
- Figure 1: Global NA Electric Motors Market Revenue Breakdown (undefined, %) by Region 2025 & 2033
- Figure 2: North America NA Electric Motors Market Revenue (undefined), by Motor Type 2025 & 2033
- Figure 3: North America NA Electric Motors Market Revenue Share (%), by Motor Type 2025 & 2033
- Figure 4: North America NA Electric Motors Market Revenue (undefined), by Voltage Type 2025 & 2033
- Figure 5: North America NA Electric Motors Market Revenue Share (%), by Voltage Type 2025 & 2033
- Figure 6: North America NA Electric Motors Market Revenue (undefined), by Application 2025 & 2033
- Figure 7: North America NA Electric Motors Market Revenue Share (%), by Application 2025 & 2033
- Figure 8: North America NA Electric Motors Market Revenue (undefined), by Country 2025 & 2033
- Figure 9: North America NA Electric Motors Market Revenue Share (%), by Country 2025 & 2033
- Figure 10: South America NA Electric Motors Market Revenue (undefined), by Motor Type 2025 & 2033
- Figure 11: South America NA Electric Motors Market Revenue Share (%), by Motor Type 2025 & 2033
- Figure 12: South America NA Electric Motors Market Revenue (undefined), by Voltage Type 2025 & 2033
- Figure 13: South America NA Electric Motors Market Revenue Share (%), by Voltage Type 2025 & 2033
- Figure 14: South America NA Electric Motors Market Revenue (undefined), by Application 2025 & 2033
- Figure 15: South America NA Electric Motors Market Revenue Share (%), by Application 2025 & 2033
- Figure 16: South America NA Electric Motors Market Revenue (undefined), by Country 2025 & 2033
- Figure 17: South America NA Electric Motors Market Revenue Share (%), by Country 2025 & 2033
- Figure 18: Europe NA Electric Motors Market Revenue (undefined), by Motor Type 2025 & 2033
- Figure 19: Europe NA Electric Motors Market Revenue Share (%), by Motor Type 2025 & 2033
- Figure 20: Europe NA Electric Motors Market Revenue (undefined), by Voltage Type 2025 & 2033
- Figure 21: Europe NA Electric Motors Market Revenue Share (%), by Voltage Type 2025 & 2033
- Figure 22: Europe NA Electric Motors Market Revenue (undefined), by Application 2025 & 2033
- Figure 23: Europe NA Electric Motors Market Revenue Share (%), by Application 2025 & 2033
- Figure 24: Europe NA Electric Motors Market Revenue (undefined), by Country 2025 & 2033
- Figure 25: Europe NA Electric Motors Market Revenue Share (%), by Country 2025 & 2033
- Figure 26: Middle East & Africa NA Electric Motors Market Revenue (undefined), by Motor Type 2025 & 2033
- Figure 27: Middle East & Africa NA Electric Motors Market Revenue Share (%), by Motor Type 2025 & 2033
- Figure 28: Middle East & Africa NA Electric Motors Market Revenue (undefined), by Voltage Type 2025 & 2033
- Figure 29: Middle East & Africa NA Electric Motors Market Revenue Share (%), by Voltage Type 2025 & 2033
- Figure 30: Middle East & Africa NA Electric Motors Market Revenue (undefined), by Application 2025 & 2033
- Figure 31: Middle East & Africa NA Electric Motors Market Revenue Share (%), by Application 2025 & 2033
- Figure 32: Middle East & Africa NA Electric Motors Market Revenue (undefined), by Country 2025 & 2033
- Figure 33: Middle East & Africa NA Electric Motors Market Revenue Share (%), by Country 2025 & 2033
- Figure 34: Asia Pacific NA Electric Motors Market Revenue (undefined), by Motor Type 2025 & 2033
- Figure 35: Asia Pacific NA Electric Motors Market Revenue Share (%), by Motor Type 2025 & 2033
- Figure 36: Asia Pacific NA Electric Motors Market Revenue (undefined), by Voltage Type 2025 & 2033
- Figure 37: Asia Pacific NA Electric Motors Market Revenue Share (%), by Voltage Type 2025 & 2033
- Figure 38: Asia Pacific NA Electric Motors Market Revenue (undefined), by Application 2025 & 2033
- Figure 39: Asia Pacific NA Electric Motors Market Revenue Share (%), by Application 2025 & 2033
- Figure 40: Asia Pacific NA Electric Motors Market Revenue (undefined), by Country 2025 & 2033
- Figure 41: Asia Pacific NA Electric Motors Market Revenue Share (%), by Country 2025 & 2033
List of Tables
- Table 1: Global NA Electric Motors Market Revenue undefined Forecast, by Motor Type 2020 & 2033
- Table 2: Global NA Electric Motors Market Revenue undefined Forecast, by Voltage Type 2020 & 2033
- Table 3: Global NA Electric Motors Market Revenue undefined Forecast, by Application 2020 & 2033
- Table 4: Global NA Electric Motors Market Revenue undefined Forecast, by Region 2020 & 2033
- Table 5: Global NA Electric Motors Market Revenue undefined Forecast, by Motor Type 2020 & 2033
- Table 6: Global NA Electric Motors Market Revenue undefined Forecast, by Voltage Type 2020 & 2033
- Table 7: Global NA Electric Motors Market Revenue undefined Forecast, by Application 2020 & 2033
- Table 8: Global NA Electric Motors Market Revenue undefined Forecast, by Country 2020 & 2033
- Table 9: United States NA Electric Motors Market Revenue (undefined) Forecast, by Application 2020 & 2033
- Table 10: Canada NA Electric Motors Market Revenue (undefined) Forecast, by Application 2020 & 2033
- Table 11: Mexico NA Electric Motors Market Revenue (undefined) Forecast, by Application 2020 & 2033
- Table 12: Global NA Electric Motors Market Revenue undefined Forecast, by Motor Type 2020 & 2033
- Table 13: Global NA Electric Motors Market Revenue undefined Forecast, by Voltage Type 2020 & 2033
- Table 14: Global NA Electric Motors Market Revenue undefined Forecast, by Application 2020 & 2033
- Table 15: Global NA Electric Motors Market Revenue undefined Forecast, by Country 2020 & 2033
- Table 16: Brazil NA Electric Motors Market Revenue (undefined) Forecast, by Application 2020 & 2033
- Table 17: Argentina NA Electric Motors Market Revenue (undefined) Forecast, by Application 2020 & 2033
- Table 18: Rest of South America NA Electric Motors Market Revenue (undefined) Forecast, by Application 2020 & 2033
- Table 19: Global NA Electric Motors Market Revenue undefined Forecast, by Motor Type 2020 & 2033
- Table 20: Global NA Electric Motors Market Revenue undefined Forecast, by Voltage Type 2020 & 2033
- Table 21: Global NA Electric Motors Market Revenue undefined Forecast, by Application 2020 & 2033
- Table 22: Global NA Electric Motors Market Revenue undefined Forecast, by Country 2020 & 2033
- Table 23: United Kingdom NA Electric Motors Market Revenue (undefined) Forecast, by Application 2020 & 2033
- Table 24: Germany NA Electric Motors Market Revenue (undefined) Forecast, by Application 2020 & 2033
- Table 25: France NA Electric Motors Market Revenue (undefined) Forecast, by Application 2020 & 2033
- Table 26: Italy NA Electric Motors Market Revenue (undefined) Forecast, by Application 2020 & 2033
- Table 27: Spain NA Electric Motors Market Revenue (undefined) Forecast, by Application 2020 & 2033
- Table 28: Russia NA Electric Motors Market Revenue (undefined) Forecast, by Application 2020 & 2033
- Table 29: Benelux NA Electric Motors Market Revenue (undefined) Forecast, by Application 2020 & 2033
- Table 30: Nordics NA Electric Motors Market Revenue (undefined) Forecast, by Application 2020 & 2033
- Table 31: Rest of Europe NA Electric Motors Market Revenue (undefined) Forecast, by Application 2020 & 2033
- Table 32: Global NA Electric Motors Market Revenue undefined Forecast, by Motor Type 2020 & 2033
- Table 33: Global NA Electric Motors Market Revenue undefined Forecast, by Voltage Type 2020 & 2033
- Table 34: Global NA Electric Motors Market Revenue undefined Forecast, by Application 2020 & 2033
- Table 35: Global NA Electric Motors Market Revenue undefined Forecast, by Country 2020 & 2033
- Table 36: Turkey NA Electric Motors Market Revenue (undefined) Forecast, by Application 2020 & 2033
- Table 37: Israel NA Electric Motors Market Revenue (undefined) Forecast, by Application 2020 & 2033
- Table 38: GCC NA Electric Motors Market Revenue (undefined) Forecast, by Application 2020 & 2033
- Table 39: North Africa NA Electric Motors Market Revenue (undefined) Forecast, by Application 2020 & 2033
- Table 40: South Africa NA Electric Motors Market Revenue (undefined) Forecast, by Application 2020 & 2033
- Table 41: Rest of Middle East & Africa NA Electric Motors Market Revenue (undefined) Forecast, by Application 2020 & 2033
- Table 42: Global NA Electric Motors Market Revenue undefined Forecast, by Motor Type 2020 & 2033
- Table 43: Global NA Electric Motors Market Revenue undefined Forecast, by Voltage Type 2020 & 2033
- Table 44: Global NA Electric Motors Market Revenue undefined Forecast, by Application 2020 & 2033
- Table 45: Global NA Electric Motors Market Revenue undefined Forecast, by Country 2020 & 2033
- Table 46: China NA Electric Motors Market Revenue (undefined) Forecast, by Application 2020 & 2033
- Table 47: India NA Electric Motors Market Revenue (undefined) Forecast, by Application 2020 & 2033
- Table 48: Japan NA Electric Motors Market Revenue (undefined) Forecast, by Application 2020 & 2033
- Table 49: South Korea NA Electric Motors Market Revenue (undefined) Forecast, by Application 2020 & 2033
- Table 50: ASEAN NA Electric Motors Market Revenue (undefined) Forecast, by Application 2020 & 2033
- Table 51: Oceania NA Electric Motors Market Revenue (undefined) Forecast, by Application 2020 & 2033
- Table 52: Rest of Asia Pacific NA Electric Motors Market Revenue (undefined) Forecast, by Application 2020 & 2033
Frequently Asked Questions
1. What is the projected Compound Annual Growth Rate (CAGR) of the NA Electric Motors Market?
The projected CAGR is approximately 8.5%.
2. Which companies are prominent players in the NA Electric Motors Market?
Key companies in the market include Rockwell Automation, Brook Corporation, ABB Ltd, Denso Corporation, Hitachi Ltd, Emerson Electric Co, Siemens AG, Toshibha Corporation, Robert Bosch GmbH, Nidec Corporation*List Not Exhaustive, General Electric Company, Mitsubishi Heavy Industries Ltd.
3. What are the main segments of the NA Electric Motors Market?
The market segments include Motor Type, Voltage Type, Application.
4. Can you provide details about the market size?
The market size is estimated to be USD XXX N/A as of 2022.
5. What are some drivers contributing to market growth?
Increased Demand for Electric Motors by Robotics and Autonomous Robot Technologies; Rise in Adoption of Electric Vehicles.
6. What are the notable trends driving market growth?
Industrial Sector to Hold Significant Market Share.
7. Are there any restraints impacting market growth?
High cost associated with devices and solutions installation.
8. Can you provide examples of recent developments in the market?
May 2022 - DENSO Corporation, a global mobility supplier, and Honeywell, one of the aerospace leaders, co-developed an electric motor (e-motor) for the Lilium Jet. This is the first product developed by Honeywell and DENSO since formalizing their alliance, and it marks DENSO's entry into the aerospace market.
9. What pricing options are available for accessing the report?
Pricing options include single-user, multi-user, and enterprise licenses priced at USD 4750, USD 4950, and USD 6800 respectively.
10. Is the market size provided in terms of value or volume?
The market size is provided in terms of value, measured in N/A.
11. Are there any specific market keywords associated with the report?
Yes, the market keyword associated with the report is "NA Electric Motors Market," which aids in identifying and referencing the specific market segment covered.
12. How do I determine which pricing option suits my needs best?
The pricing options vary based on user requirements and access needs. Individual users may opt for single-user licenses, while businesses requiring broader access may choose multi-user or enterprise licenses for cost-effective access to the report.
13. Are there any additional resources or data provided in the NA Electric Motors Market report?
While the report offers comprehensive insights, it's advisable to review the specific contents or supplementary materials provided to ascertain if additional resources or data are available.
14. How can I stay updated on further developments or reports in the NA Electric Motors Market?
To stay informed about further developments, trends, and reports in the NA Electric Motors Market, consider subscribing to industry newsletters, following relevant companies and organizations, or regularly checking reputable industry news sources and publications.
Methodology
Step 1 - Identification of Relevant Samples Size from Population Database
Step 2 - Approaches for Defining Global Market Size (Value, Volume* & Price*)
Note*: In applicable scenarios
Step 3 - Data Sources
Primary Research
- Web Analytics
- Survey Reports
- Research Institute
- Latest Research Reports
- Opinion Leaders
Secondary Research
- Annual Reports
- White Paper
- Latest Press Release
- Industry Association
- Paid Database
- Investor Presentations
Step 4 - Data Triangulation
Involves using different sources of information in order to increase the validity of a study
These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.
Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.
During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence