Industrial Motors Market Revenue Growth and Quantitative Analysis Till 2030

1. Market Research Report EXCLUSIVE EDITION Industrial Motors Market Opportunities, and Forecast By 2030 Global Industry Analysis, Forecast and Trends, 2022-2030 © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1-580-205-2707 | +91-702-496-8807

2. Industrial Motors Market © 2020 Statsville Consulting Private Limited Market Statsville Group (MSG) A part of Statsville Consulting Private Limited American Office American Office – 416, East Standsberry Street, Perkins, Oklahoma 74059, USA EMEA EMEA– 1165 Budapest 16 Diósy Lajos u. 24., Europe Asia Asia- -Pacific Office Pacific Office – F-178 Subhash Marg C Scheme, Ashok Nagar, Jaipur, Rajasthan, 302001 www.marketstatsville.com Disclaimer Disclaimer: : Any information and/or material provided by Statsville Consulting Private Limited, including any and all the analysis and/or research from Market Statsville Group (MSG), is offered to a selected group of customers in response to orders for such information, material, analysis, and/or research. As a customer of Statsville Consulting, you acknowledge that our information, material, and/or services are for your internal use only, and not for any external use and/or dissemination, or general publication, and/or disclosure to any third parties. Any and all the information and/or material provided by Statsville Consulting are based on primary interviews and/or secondary research, and are, therefore, subject to fluctuation and variance. Statsville Consulting takes no responsibility for any incorrect information and/or material supplied to us by sources we rely on, and no part of our analysis or research may be given, lent, resold, or disclosed to any third parties, including non-customers, without explicit or written permission from Statsville Consulting. Unauthorized reproduction and/or transmission of our information, material, analysis, and/or research in any form and by any means, including photocopying, mechanical/electronic recording,or otherwise, without the explicit and written permission of Statsville Consulting, is expressly and clearly prohibited. Any use of the information, material, analysis, and/or research provided by Statsville Consulting is at your sole risk; you acknowledge that the information, material, analysis, and/or research is provided “as is” and that Statsville Consulting provides no warranty of any kind, express or implied, with regard to the information, material, analysis, and/or research, including but not limited to, merchantability and fitness for any purpose and/or use. At the end, Statsville Consulting will be responsiblefor the final decision of any action. © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1-580-205-2707 | +91-702-496-8807

3. ABOUT MARKET STATSVILLE GROUP (MSG) Market Statsville Group (MSG) partners with companies and society to confront their essential risks and challenges to capture the enormous opportunities for them. MSG was initiated its working in 2017, and since then, the brand is moving to become a pioneer in business advisory and market research services. Market Statsville is the leading market research and strategy builder with the depth and breadth of solutions that perfectly suit your every need. MSG provides solutions in a wide range of industry verticals in the form of market sizing, analysis, and incisive business insights. MSG experienced research analysts are proficient at digging deep and providing a variety of customizable data that help you make decisions with clarity, confidence, and impact. Market Statsville is your global data intelligence partner for reliable market research data, data gathering, and analytical services. MSG also has an extensive network of top-flight domestic and global research personals around the world, enabling us to provide high-quality worldwide research solutions that cater to a well-established company, government organizations, or a startup. MSG's clients have the authority to work directly with one or more of our researchers to gather the most useful data knowledge and analytical plan to formulate it in the actual practice. Market Statsville Group believes that to succeed, companies or individuals must blend digital and human capabilities most efficiently. MSG diverse and experienced global team of business consultants and market researchers will ensure the valuable reports for our clients through digging in-depth market information and functional expertise to continuously spark the changes and real-time valuation of variation in the market/industry. MSG works in a uniquely collaborative model throughout the business process across the globe to assist the client's company with the most accurate information that they are aiming for in the reports. © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1-580-205-2707 | +91-702-496-8807

4. RESEARCH PROCESS Our research is an optimum culmination of secondary and primary research, with the latter playing a major role. We also have an in-house repository and access to a number of external regional and global paid databases to help address specific requirements of our clients. The research process begins with a holistic secondary research, followed by expert interviews. The information gathered is then comprehensively analyzed by our highly experienced in-house research panel © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1-580-205-2707 | +91-702-496-8807

5. Industrial Motors Market Revenue Growth and Quantitative Analysis Till 2030 Industrial Motors Market by Product (AC Motor and DC Motor), by Efficiency (IE1, IE2, IE3, and IE4), by Voltage (Low, Medium, and High), by Sales Channel (Direct Sales and Indirect Sales), by Power Output, by Region – Global Forecast to 2027 Description By 2027, The global industrial motors market size is expected to grow at USD 89.9 billion from USD 54.8 billion in 2020, at a CAGR of 8.2% from 2021 to 2027. An industrial electric motor is an electromechanical machine found in major industrial products around the world. Industrial electric motors translate electrical energy into mechanical energy used in conveyors, pumps, fans, and other industrial machinery. Increased capital investment in developing countries is estimated to allow vendors to invest further in the expansion and upgradation of manufacturing plants. Also, the trend toward green economies is encouraging the industrial sector to adopt energy-efficient motors so that the demand will grow, particularly in the IE3 and IE4 motor markets. Also, increased growth in mining activities and production of mined materials in China, India, and other developing countries is projected to boost motor production. Motor sales in the APAC region are expected to rely on significant trends in capital expenditure by industries and industry infrastructure projects. © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1-580-205-2707 | +91-702-496-8807

6. Variable Frequency Drive is being increasingly used with motors to increase their efficiency and make them cost-effective. Several IE2 and IE3 motors are used with VFD, which, in turn, enables these motors to meet the specifications of higher efficiency of IE4 motors. Additionally, many countries in Europe, such as Switzerland and others, have passed regulations on VFD with motors. Installation of IE2 motors is only allowed if they are used with VFD. In the same way, several end-user industries worldwide are using VFD with IE3 motors to deliver the same outcomes as IE4 motors and beat the high cost associated with the IE4 motors. Request Sample Copy of this Report: https://www.marketstatsville.com/request-sample/industrial-motors-market COVID-19 Impact on the Global Industrial Motors The world’s economy has been seriously affected by the spread of COVID-19. There is a growing fear that the economic downturn triggered by a large-scale blockade and others to prevent the spread of the infection would lead to a global recession. Japan, the US, and Europe are introducing large-scale fiscal stimulus-driven economic policies. Still, many developing economies rely on external debt to fund their public expenditure, leading to a debt crisis due to their currency depreciation. Although the Chinese economy is starting to show some signs of improvement in the automotive industry in March, its GDP was the first negative growth since 1992, when the official GDP record began. The prospects of the Chinese export industries are highly unclear due to a sharp downturn in global demand. The industrial sector grows predominantly in agricultural, coal, mines, water and sanitation, and maritime industries. There is a worldwide movement toward energy efficiency and energy conservation, and vendors plan to grow appliance, commercial, and manufacturing enterprises. Short-cycle commodity enterprises have grown favorably, but this has been tempered by lower big orders and the continued removal of service operations. Short-cycle operations have demonstrated strong overall stability with a stable momentum in delivery services, data centers, food and beverage, wind, rail, and emobility, offset by fewer big orders and lower long-cycle demand. Buildings were mixed, dependent on geography, and oil & gas operations were reduced materially. Market from the Americas and AMEA has shown continued COVID-19 impacts, offsetting the quick recovery in China. © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1-580-205-2707 | +91-702-496-8807

7. Global Industrial Motors Market Dynamics Drivers: Increasing Infrastructural Development in the Middle East Region Motors are mechanical devices used to convert mechanical energy into electrical energy. Motors have found applications in various end-use industries, such as construction, HVAC, F&B, oil & gas, and mining. Also, a rise in the production of crude oil and government initiatives to diversify the economy is expected to improve investments in the construction industry in the UAE. Growth in the construction industry and infrastructure development will be a major driver of the motor market in the construction sector. The construction sector is expected to be driven by leading construction companies such as Aegon Corp, Bechtel, and Combined Contractors Group. The UAE and Qatar are the most attractive countries for infrastructure spending across the globe amid low oil prices. In addition, Saudi Arabia is anticipated to grow during the projected timeframe. The above trends and infrastructure investments in developed countries are projected further to boost the demand for motors in the region. Restraints: Volatility in Oil & Gas Industry The volatility in oil & gas has been impacting the motor market across the globe. The supply is insufficient to meet the demand, so expansion projects and investments in the oil & gas sector will play a significant role. With the reduced demand for coal, metals, and minerals, and the consequent decreasing demand for motors, the mining sector has witnessed losses (like offshore oil & gas). © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1-580-205-2707 | +91-702-496-8807

8. Opportunities: Demand for IE4 Efficiency Low Voltage Motors Worldwide electricity consumption is projected to double by 2050. It has been expected that around the same time, policymakers would reduce their countries' CO2 emissions by half to mitigate climate change. Electric motors account for around 40% of global energy use. Industries are another major global energy user, and motors used in industrial plants usually consume between 65 and 80% of total plant electricity. Thus, an energy-efficient motor is anticipated to create a trend in the market during the forecast period. On a global scale, industrial motors account for approximately 25% of the world's overall energy consumption. About 300 million industrial motors worldwide operate at full power for long periods. Hence, energy-efficient motors will become a requirement. The Premium Energy Efficiency Motor Program by the National Electrical Manufacturers Association (NEMA) is expected to save 5800 GW and 80 million tonnes of CO2 over the next ten years in the United States. This program focuses on increasing the penetration rate of energy-efficient motors globally, particularly IE4 (the most economical motors currently). © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1-580-205-2707 | +91-702-496-8807

9. Scope of the Report The study categorizes the industrial motors market based on product, efficiency, voltage, sales channel, power output at the regional and global levels. Direct Purchase Report: https://www.marketstatsville.com/buy- now/industrial-motors-market?opt=2950 By Product Outlook (Revenue, USD Million, 2017-2027) •AC Motor •DC Motor By Efficiency Outlook (Revenue, USD Million, 2017-2027) •IE1 •IE2 •IE3 •IE4 By Voltage Outlook (Revenue, USD Million, 2017-2027) •Low •Medium •High By Sales Channel Outlook (Revenue, USD Million, 2017-2027) © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1-580-205-2707 | +91-702-496-8807

10. •Low •Medium •High By Sales Channel Outlook (Revenue, USD Million, 2017-2027) •Direct Sales •Indirect Sales By Power Output Outlook (Revenue, USD Million, 2017-2027) •Integral Horsepower •Fractional Horsepower By Region Outlook (Revenue, USD Million, 2017-2027) •North America (US, Canada, Mexico) •South America (Brazil, Argentina, Colombia, Peru, Rest of Latin America) •Europe (Germany, Italy, France, UK, Spain, Poland, Russia, Slovenia, Slovakia, Hungary, Czech Republic, Belgium, the Netherlands, Norway, Sweden, Denmark, Rest of Europe) •Asia Pacific (China, Japan, India, South Korea, Indonesia, Malaysia, Thailand, Vietnam, Myanmar, Cambodia, the Philippines, Singapore, Australia & New Zealand, Rest of Asia Pacific) •The Middle East & Africa (Saudi Arabia, UAE, South Africa, Northern Africa, Rest of MEA) The AC motor segment is projected to account for the largest market share by product Access full Report Description, TOC, Table of Figure, Chart, etc: https://www.marketstatsville.com/table-of-content/industrial-motors-market © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1-580-205-2707 | +91-702-496-8807

11. Based on product, the industrial motor market includes two major types of motors – AC and DC motors. In 2020, AC motor had a market share of 87.1%, accounting for the largest market share 2020. An AC motor is powered by alternating current and typically consists of two primary components – stator and rotor. The stator is the stable part of the motor, and the rotor is the rotating part. For bulk power conversion, three-phase AC motors are mostly applied in the industry. For small power conversion, single-phase AC motors are used. The single-phase AC motor is small and provides a variety of services in all sectors. The growing automation in various industrial processes and electric AC motors in diverse applications such as healthcare, construction, automotive, and consumer goods is expected to drive market growth. The increasing use of electric AC motors in infrastructural development and rising construction activities, especially in developing economies, accelerate the market growth. Europe accounts for the highest CAGR during the forecast period Based on the regions, the global industrial motors market has been segmented across North America, Asia-Pacific, Europe, South America, and the Middle East & Africa. Globally, Europe is estimated to hold the highest CAGR in the global industrial motors market during the forecast period. The industrial motor segment is expected to grow at a stable rate in Europe due to favorable government initiatives in the manufacturing sector and the expansion of major industries in the region. Europe ranks second in the global industrial motor market due to leading manufacturing companies and significant development in nations such as Germany and France. The major factors driving the demand for industrial motors in the region can be attributed to rapidly increasing industrialization and growth in industrial production. The presence of some developed countries and other fast- growing nations, the demand for industrial motors in several applications, and major end-users such as automotive, pharmaceutical, HVAC, F&B, and a few others are anticipated to contribute to the growth of the market in the forecast period. Request For Report Description: https://www.marketstatsville.com/industrial-motors-market © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1-580-205-2707 | +91-702-496-8807

12. Thank You Thank You Market Market Statsville StatsvilleGroup (MSG) Group (MSG) F-178 Subhash Marg C Scheme, Ashok Nagar, Jaipur, Rajasthan, 302001 Phone : +91 702 496 8807 Mail : sales@marketstatsville.com 416, East Standsberry Street, Perkins, Oklahoma 74059, US Phone : +1 580 250 2707 Mail : sales@marketstatsville.com