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Electric Motors Market Share
- Report ID: GMI2144
- Published Date: Dec 2022
- Report Format: PDF
Electric Motors Market Share
Some of the leading companies operating in the market include:
- ABB
- Allied Motion Inc
- Robert Bosch GmbH
- Baldor Electric Company
- Bühler Motor GmbH
- Dongjin Vietnam
- Denso Corporation
- Emerson Electric Co
- Fuji Electric Co., Ltd
- Johnson Electric
- General Electric
- Lucas TVS
- Siemens AG
- Maxon Motor AG
- WEG
- Zytek Automotive/Continental Engineering Services
- YASA Limited.
These companies are emphasizing business expansions, collaborations, and other strategies to reinforce their presence in the global market.
Frequently Asked Questions (FAQ) :
The market surpassed USD 18 billion in 2022 and is anticipated to register over 5.5% CAGR through 2023-2032, due to government efforts to boost EV production and curb environmental hazards.
The OEM end-use segment is expected to be over USD 25 billion by 2032, given the rising disposable income and improving economic conditions.
North America industry share to exhibit over 5.5% CAGR through 2023-2032, owing to the rise in living standards and escalating vehicle sales.
Some of the prominent players functioning in the market include ABB, Allied Motion, Inc., Robert Bosch GmbH, Denso Corporation, Emerson Electric Co., Fuji Electric Co., Ltd., and YASA Limited, among others.
Electric Motors Market Scope
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