Uploaded on Nov 1, 2021
The global electric AC motors market is estimated to reach USD 166.5 billion by 2026 growing at a CAGR of 8.8% during the forecast period, according to a new study published by Polaris Market Research. The report ‘Electric AC Motors Market Share, Size, Trends, & Industry Analysis Report, By Type (Induction AC Motors, Synchronous AC Motors); By Application (Automotive, Agriculture, Residential, Commercial, Industrial, Others); By Region: Segment Forecast, 2019 – 2026’ provides an extensive analysis of present market dynamics and predicted future trends. In 2018, the Induction AC Motors segment dominated the global market, in terms of revenue. Asia-Pacific is expected to be the leading contributor to the global market revenue during the forecast period.
Electric AC Motors Market
Electric AC Motors Market
Set to Reach USD 166.5 Billion by 2026 | CAGR: 8.8%
Electric AC Motors Market Share, Size, Trends & Analysis Report, By
Type (Induction AC Motors, Synchronous AC Motors); By Application
(Automotive, Agriculture, Residential, Commercial, Industrial, Others);
By Region, Segment Forecast, 2019 – 2026
Electric AC Motors Market Estimate & Forecast
According to the latest report by Polaris Market Research, the global
Electric AC Motors market is growing at a faster pace and is projected to reach USD
166.5 Billion by 2026 registering a significant CAGR of 8.8% during the forecast period
2019 to 2026
The global market report provides a comprehensive evaluation of the market for the forecast
period which comprises of analysis of the industry in terms of factors and trends that are
playing a vital role in the overall progress of the market. This report provides a key analysis
of the current dynamics, major segments, competitive landscape, major innovations, COVID-
19 pandemic impact, and other factors that are playing a crucial role for the market.
Huge investments in R&D activities, the presence of leading global players, significant
progress in terms of technological advancements, and supportive government policies are
creating a positive outlook for the overall growth of the Electric AC Motors market.
An extensive research report on the Electric AC Motors market sheds light on the micro and
macro aspects of the industry. The report presents in-depth insights into the market using
the assessment of Porter’s Five Forces model and SWOT analysis. The vital information
featured in the report will help industry leaders in their decision-making process and
businesses to devise their futCuopryerig hst ©t Proalatrise Mgarikeet sRe.search & Consulting LLP 2020. All Rights Reserved 2
Electric AC Motors Market Scope
By Type By End User By Regions
Induction AC Motors • Automotive • North America (U.S., Canada)
Synchronous AC Motors • Agriculture • Europe (Germany, UK, France, Italy,
• Residential Spain, Belgium, Russia, Netherlands)
• Commercial • Asia-Pacific (China, Japan, India,
• Industrial Australia, Korea, Singapore, Malaysia,
• Others Indonesia, Thailand, Philippines)
• Latin America (Brazil, Mexico,
Argentina)
• Middle East and Africa (UAE, Saudi
Arabia, South Africa)
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Electric AC Motors Market Estimate & Forecast
The report includes detailed coverage of the Electric AC Motors market based on Type, End
User and geographic region. The report also sheds light on the fastest-growing segments
of the market and gives future projections for the same keeping in mind the emerging
trends and patterns. The authentic data provided in the research report will act as a major
input for market players and other stakeholders related to the target market.
The market analysis comprises a section solely dedicated to major players in the Electric AC
Motors market wherein our expert research analysts provide an insight into profiles of all the
prominent players along with a special focus on recent developments and major innovations
influencing the target market. The competitive outlook section also discusses major
development strategies, market share value, and industry ranking analysis for the below-
mentioned players. Leading players present in the Electric AC Motors market are Siemens
AG, Kirloskar Electric Company, Johnson Electric, Rockwell Automation, Inc.,
Baldor Electric Company, Allied Motion Technologies Inc., Ametek Inc., Asmo Co.
Ltd., Franklin Electric Co. Inc., and ABB Limited among others
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Electric AC Motors Market Size
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About Us
Polaris Market Research is a global market research and consulting company. The company
specializes in providing exceptional market intelligence and in-depth business research
services for a clientele spread across different enterprises. We at Polaris are obliged to serve
our diverse customer base present across the industries of healthcare, technology, semi-
conductors, and chemicals among various other industries present around the world. We
strive to provide our customers with updated information on innovative technologies, high
growth markets, emerging business environments, and the latest business-centric
applications, thereby helping them always to make informed decisions and leverage new
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experts comprising SMEs, analysts, and consultants, we at Polaris endeavor to deliver value-
added business solutions to our customers.
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