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Consumer Electronics Electric Motor Market Share

  • Report ID: GMI5554
  • Published Date: Apr 2023
  • Report Format: PDF

Consumer Electronics Electric Motor Market Share

  • Allied Motion Technologies Inc
  • Industrial Equipment Systems Co Ltd
  • Toshiba
  • Johnson Electric Holdings Limited
  • Emerson Electric Co
  • Maxon Motor
  • Regal Rexnord Corporation
  • Rockwell Automation Inc
  • Franklin Electrics
  • TECO Westinghouse

are some of the key participants involved in the consumer electronics electric motor market. These firms are engaging in strategic acquisitions and mergers to expand their customer reach. For instance, in October 2022, Johnson Electric, an automotive components manufacturer, acquired an 80% stake in Pendix GmbH, an e-bike company. Through this acquisition, the company extended its e-mobility offering and entered the e-bike market.

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

Global Consumer Electronics Electric Motors Industry was valued at more than USD 15.5 billion in 2022 and is primed to grow at over 6% CAGR between 2023 and 2032 propelled by a positive inclination toward efficient and sustainable electronics.

The direct current (DC) motor segment is poised to generate a valuation of over USD 19 billion by the end of 2032 as a result of their ease of use, compactness, and ability to provide high torque at low speeds.

The consumer electronics electric motors industry share from the appliances application segment is anticipated to account for more than USD 9 billion by the end of 2032 owing to widespread awareness regarding energy efficiency and environmental impacts.

The Asia Pacific consumer electronics electric motors is slated to depict more than 6.5% CAGR from 2023 to 2032 attributed to the burgeoning demand for consumer electronic products in the region.

Consumer Electronics Electric Motor Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 14
  • Tables & Figures: 378
  • Countries covered: 21
  • Pages: 354
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