United States Electric Motors Market is expected to grow at a robust CAGR of 4.66%
United
States Electric Motors Market is expected to grow owing to industrial
automation, driven by Industry 4.0 principles throughout the forecast period.
According
to TechSci Research report, “United
States Electric Motors Market –
By Region, Competition, Forecast and Opportunities, 2018-2028”, the United
States Electric Motors Market is expected to register robust growth during the forecast period. Electric motors
constitute a substantial share of energy consumption in industrial and
commercial sectors. Enterprises acknowledge that upgrading to more efficient
motors can yield considerable energy savings and reduced operational costs in
the long run. Consequently, there is an increasing demand for high-efficiency
motors that facilitate organizations in achieving sustainability objectives and
enhancing their financial performance.
The shift towards industrial automation and
the adoption of Industry 4.0 practices presents electric motor manufacturers
with prospects to create intelligent motors and motor control systems. These
motors can seamlessly incorporate sensors, IoT connectivity, and data
analytics, facilitating predictive maintenance, optimizing energy efficiency,
and enabling remote monitoring. Consequently, electric motors emerge as
indispensable components in contemporary manufacturing and automation
processes.
Based
on motor type, the DC Motor segment
is expected to dominate the market during the forecast period. DC motors are
widely utilized in industrial automation due to their precise speed control and
torque characteristics. They are commonly employed in conveyors, robotics, CNC
machinery, and other automated systems. With the ongoing trend towards Industry
4.0 and smart manufacturing, the demand for DC motors in automation is expected
to increase, particularly for applications requiring high precision and quick
response. In the renewable energy sector, DC motors play a critical role in
solar tracking systems, enabling the adjustment of solar panel orientation for
optimized energy capture. As the solar energy market expands in the United
States, the installation of solar farms and tracking systems contributes to the
growth of the DC motor segment. Moreover, DC motors find application in medical
devices and equipment such as MRI machines, infusion pumps, and laboratory
automation systems. As the healthcare industry continues to advance, the demand
for specialized DC motors in medical applications is projected to rise.
Compliance with regulatory standards and efficiency requirements is essential
in the DC motor segment, particularly as energy efficiency regulations become
more stringent. Manufacturers must prioritize the design and production of
motors that meet or exceed these standards to remain competitive. With the
continuous growth and innovation in industrial automation, electric vehicle
adoption, renewable energy, and other sectors, the DC motor segment is poised
for sustained growth and technological advancement.
Browse
over XX market data Figures spread through XX Pages and an in-depth TOC on the "United States Electric Motors Market."
Based
on application, the Industrial segment is projected to dominate the market
throughout the forecast period. Heating, Ventilation, and Air Conditioning
(HVAC) systems in commercial and industrial buildings heavily rely on electric
motors to power fans, blowers, and pumps. The increasing demand for
energy-efficient HVAC solutions is stimulating the adoption of high-efficiency
motors in this sector. Electric motors also play a crucial role in material
handling equipment, including conveyor systems utilized in warehouses,
distribution centers, and manufacturing plants. As the e-commerce and logistics
industries continue to expand, the demand for efficient material handling
systems and electric motors is growing accordingly. Moreover, the energy
production sector heavily depends on electric motors for various applications
such as generators, wind turbines, and hydropower systems. As the United States
progressively transitions to cleaner energy sources, there is an increasing
demand for electric motors in renewable energy projects. In food and beverage
processing plants, electric motors are widely employed for mixing, packaging,
and conveyor systems. The requirement for motors that comply with food safety
standards and energy efficiency regulations drives the demand in this specific
segment. Furthermore, electric motors find extensive usage in agricultural
equipment such as tractors, irrigation systems, and grain handling. As the
agricultural sector becomes more automated and efficient, the demand for
electric motors in this industry is expected to witness significant growth.
Compliance with energy efficiency standards and environmental regulations is a
crucial aspect for manufacturers in the industrial segment, who must design
motors that meet or surpass these standards in order to remain competitive.
Key
market players in the United States Electric Motors Market are: -
- Regal
Beloit Corporation
- Nidec
Corporation
- Siemens
AG
- WEG
Electric Corporation
- Emerson
Electric Co.
- ABB
Group
- Toshiba
International Corporation
- Rockwell
Automation
- Franklin
Electric
- Leeson
Electric Corporation
Download Free Sample Report
Customers can also request
for 10% free customization on this report.
“The
United States Electric Motors Market in South US is poised to be the dominant
force in the industry. Multiple southern states, such as Texas and Florida, are
currently enhancing their renewable energy capacities. Electric motors play a
crucial role in the functionality of wind turbines and solar farms, enabling
tracking, positioning, and power generation. The expanding renewable energy
sector in the South creates significant market opportunities for electric
motors.” said Mr. Karan Chechi, Research Director with TechSci Research, a
research-based global management consulting firm.
“United
States Electric Motors Market Segmented By Motor Type (AC Motor and DC Motor),
By Output Power (Integral Horsepower and Output & Fractional Horsepower),
By Application (Industrial, HVAC, Medical Equipment, Industrial Machinery, Home
Appliances and Others), By Voltage Rating (Low Voltage (Up to 690V), Medium
Voltage (691V - 3300V) and High Voltage (Above 3300V)), By Region, and By
Competition, 2018-2028,”
has evaluated the future
growth potential of United States Electric Motors Market and provides
statistics & information on market size, structure, and future market
growth. The report intends to provide cutting-edge market intelligence and help
decision makers take sound investment decisions. Besides the report also
identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in United States Electric Motors Market.
Contact
Mr.
Ken Mathews
Techsci
Research LLC
420
Lexington Avenue, Suite 300,
New
York, United States-
10170
Tel:
+13322586602
Email: [email protected]
Website: www.techsciresearch.com