Tunisia Weekly
No Result
View All Result
  • Register
  • Login
  • About Us
  • Contact Us
  • Home
  • News
  • Business
  • Finance
  • Technology
  • Lifestyle
  • Africa
  • Middle East
  • Press Releases
Submit a News Release
  • Home
  • News
  • Business
  • Finance
  • Technology
  • Lifestyle
  • Africa
  • Middle East
  • Press Releases
No Result
View All Result
Tunisia Weekly
Submit PR
Home Press Releases

Electric Motors Market worth $186.0 Billion by 2027

Joseph Nchor by Editorial Staff
December 5, 2022
in Press Releases
Electric Motors Market worth $186.0 Billion by 2027
Share on FacebookShare on Twitter


 


(EMAILWIRE.COM, December 05, 2022 ) The global Electric Motors Market is expected to grow from USD 134.0 billion in 2022 to USD 186.0 billion by 2027, at a CAGR of 6.8% according to a new report by MarketsandMarkets™. This market is mainly driven by increasing investments in electric vehicles and development of manufacturing industry.

Low voltage motors is expected to be the second largest electric motors market

By voltage, the electric motors market has been segmented into low voltage motors, medium voltage motors, and high voltage motors. Low voltage motors is expected to be the second largest segment during the forecast period. Ease of operation, low setup and maintenance costs, and high reliability have increased the penetration of low-voltage electric motors in process and motor-driven systems.

Download PDF Brochure:
https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=717

Transportation is expected to be the fastest-growing segment in the electric motors market

The electric motors market, by end user, has been segmented into industrial, commercial, residential, transportation, and agriculture. Transportation segment is expected to be the fastest-growing market during the forecast period. The increasing demand for electric vehicles is fueling the growth of the transportation segment of the electric motors market.

Asia Pacific is expected be the largest segment in the electric motors market

In this report, the electric motors market has been analyzed for five regions, namely Asia Pacific, North America, Europe, Middle East & Africa, South America. Asia Pacific is expected to be the largest segment during the forecast period. Increased investments in the manufacturing and automotive industries are expected to fuel the demand for electric motors in Asia Pacific.

Request Sample Pages:
https://www.marketsandmarkets.com/requestsampleNew.asp?id=717

To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the Electric Motors Market. These ABB (Switzerland), Siemens (Germany), WEG (Brazil), Wolong Electric (China), and NIDEC CORPORATION (Japan). The leading players are trying to establish themselves in the markets of developed countries and are adopting various strategies such as product launches, contracts, agreements, partnerships, collaborations, alliances, acquisitions, and expansions to increase their respective market shares.

About MarketsandMarkets™
MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the ‘GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies – helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

To find out more, visit www.MarketsandMarkets.com or follow us on Twitter, LinkedIn and Facebook.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: newsletter@marketsandmarkets.com
Content Source:
https://www.marketsandmarkets.com/PressReleases/electric-motor-sales.asp



Source link

Previous Post

I Roomed With The Gods

Next Post

Yuze is Offering the Right Business Accounts to the Majority of MSMEs

RECOMMENDED NEWS

Air Separation Plant Market Growth Opportunities By 2028

7 months ago

A2P Messaging Market Regional Growth and Industry Share Forecast

3 months ago
Yacht Management Software Market to Hit USD 1947 Mn by 2029: Competitive Landscape, Trends, Statistics, and Segmentation

Yacht Management Software Market to Hit USD 1947 Mn by 2029: Competitive Landscape, Trends, Statistics, and Segmentation

2 weeks ago

Tunisia extends state of emergency for 1 month-Xinhua

4 months ago

BROWSE BY CATEGORIES

  • Africa
  • Business
  • Finance
  • Lifestyle
  • Middle East
  • News
  • Press Releases
  • Technology

POPULAR NEWS

  • ZainTech partners with LigaData to deliver data-driven digital services in MENA

    ZainTech partners with LigaData to deliver data-driven digital services in MENA

    0 shares
    Share 0 Tweet 0
  • NOWA outlines 16 major achievements of Hajiya Aisha Gambo in 2 Years

    0 shares
    Share 0 Tweet 0
  • Wahyd Expands Tech-Enabled Logistics Platform to Saudi Arabia

    0 shares
    Share 0 Tweet 0
  • تم إطلاق VOYAH FREE في أوروبا وتم افتتاح معرض VOYAH.

    0 shares
    Share 0 Tweet 0
  • Vidliz Expands Its Data-Driven Online Marketing Services in the Middle East

    0 shares
    Share 0 Tweet 0

About Us

Tunisia Weekly™ reports and aggregates business, socio-economic, Tech and industrial news on Tunisia,Africa and the Middle East.

We provide press release distribution to media outlets in Tunisia, other countries in the Arab World, the Middle East and Africa (MEA). Submit a press release or contact us today.

Categories

News

Business

Finance

Technology

Lifestyle

AFRICA

Middle East

Press Releases

Recent News

Recent Posts
  • Tunisia's financial crisis leaves the sick struggling to find medicine – Yahoo Lifestyle Australia
  • 14 migrants found in the desert near Libyan border with Tunisia – Libya Update
  • Neutrino Energy: استكشاف الإمكانات غير المستغلة لطاقة النيوترينو
  • الرياض تستضيف فعاليات الدورة الثانية من المنتدى العالمي لإدارة المشاريع

Subscribe to Our Newsletter

    Share Us

    Contact Us

    • +1 832 716 2363
    • +12816454086
    • Email: Email Us
    • Skype: groupwebmedia

    The TunisiaWeekly.com™ is part of GroupWeb Media Network. © 2023 GroupWeb Media LLC

    • About Us
    • Contact Us
    • Submit a Press Release
    No Result
    View All Result
    • Register
    • Login
    • News
    • Business
    • Finance
    • Technology
    • Lifestyle
    • Africa
    • Middle East
    • Press Releases
    • About Us
      • Contact Us

    The TunisiaWeekly.com™ is part of GroupWeb Media Network. © 2023 GroupWeb Media LLC