Electric Motor Market to Witness Huge Growth Based on Massive Expansion in the Industrial Automation Sector by 2028 | Million Insights - Seite 2

The market is spread along various regions such as North America, Europe, Asia Pacific and LAMEA. Among these, Asia Pacific is currently leading the electric motor industry as there is a rise in the industrialization and growth in the disposable income in numerous countries of the Asia Pacific region.

Some of the prominent key players of the electric motor market are Hitachi, Ltd., ABB Ltd., Emerson Electric Co., Weg SA, Toshiba Corp, Denso Corp, TECO-Westinghouse Motor Company, AMETEK, Inc., Siemens AG, General Electric Company, Nidec Corporation, Robert Bosch GmbH, Rockwell Automation, Johnson Electric Holdings Limited and Aquion Energy, Inc.

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Market Segment:

• Leading players of Electric Motor including:

o   Nidec

o   Siemens

o   ABB

o   Denso

o   Hitachi

o   Regal Beloit

o   GE

o   Bosch

o   Emerson

o   Rockwell Automation

o   Toshiba

o   Franklin Electric

o   Johnson Electric

o   Broad-Ocean

o   Ametek

o   Allied Motion

• Market split by Type, can be divided into:

o   AC Motor

o   DC Motor

o   Hermetic Motor

• Market split by Application, can be divided into:

o   Industrial Machinery

o   Automotive

o   HVAC Equipment

o   Aerospace & Marine

o   Household Appliances

• Market split by Sales Channel, can be divided into:

o   Direct Sales

o   Distribution Sales

• Market segment by Region/Country including:

o   North America (United States, Canada and Mexico)

o   Europe (Germany, UK, France, Italy, Russia and Spain etc.)

o   Asia-Pacific (China, Japan, Korea, India, Australia and Southeast Asia etc.)

o   South America Brazil, Argentina, Colombia and Chile etc.)

o   Middle East & Africa (South Africa, Egypt, Nigeria and Saudi Arabia etc.)

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