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LAMEA AC Electric Motor Market Size, Share & Trends Analysis Report By Sales Type (New Sales, and Aftermarket), By Output Power, By End-Use (Industrial Machinery, HVAC, Transportation, and Others), By Country and Growth Forecast, 2023 - 2030

Published Date : 03-Apr-2024

Pages: 124

Formats: PDF

The Latin America, Middle East and Africa AC Electric Motor Market would witness market growth of 6.3% CAGR during the forecast period (2023-2030).

The Brazil market dominated the LAMEA AC Electric Motor Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $400.7 Million by 2030. The Argentina market is registering a CAGR of 7.3% during (2023 - 2030). Additionally, The UAE market would showcase a CAGR of 5.9% during (2023 - 2030).

LAMEA AC Electric Motor Market

Heating, ventilation, and air conditioning (HVAC) systems rely on AC motors to power fans, blowers, compressors, and pumps for air circulation, temperature control, and humidity regulation. AC motors are integral to HVAC units in residential buildings, commercial complexes, office spaces, hospitals, schools, and industrial facilities, ensuring comfortable indoor environments and energy-efficient operation.

Likewise, AC motors are employed in various agricultural machinery and equipment for irrigation, crop processing, harvesting, and livestock management. They power pumps, fans, drills, and machinery used in planting, cultivation, and harvesting operations. AC motors contribute to mechanization, efficiency, and productivity improvements in modern agricultural practices, aiding food production and farm management.

The growth of renewable energy in Brazil may drive technological advancements in AC motor design and efficiency. The renewable energy industry has continuously expanded over the years through private investment. Investments in the Brazilian electricity sector are expected to reach over $100 billion by 2029, including utility-scale generation, distributed generation, transmission, and distribution projects. As Brazil invests more in renewable energy sources such as wind and solar power, there will be an increased demand for AC electric motors to power generators, turbines, and other equipment used in these renewable energy systems. In conclusion, the growth of the renewable energy sector and increasing investment in the region’s smart cities propel the market’s growth.

Free Valuable Insights: The Worldwide AC Electric Motor Market is Projected to reach USD 22.4 Billion by 2030, at a CAGR of 4.5%

Based on Sales Type, the market is segmented into New Sales, and Aftermarket. Based on Output Power, the market is segmented into 1,000 HP up to 10,000 HP, 10,000 HP up to 20,000 HP, and 20,000 HP up to 30,000 HP. Based on End-Use, the market is segmented into Industrial Machinery, HVAC, Transportation, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

List of Key Companies Profiled

  • WEG Equipamentos Eletricos SA
  • Toshiba Corporation
  • General Electric Company
  • Hitachi, Ltd.
  • ABB Ltd.
  • Nidec Corporation
  • Siemens AG
  • Kirloskar Electric Co. Ltd.
  • Schneider Electric SE
  • Emerson Electric Co.

LAMEA AC Electric Motor Market Report Segmentation

By Sales Type

  • New Sales
  • Aftermarket

By Output Power

  • 1,000 HP up to 10,000 HP
  • 10,000 HP up to 20,000 HP
  • 20,000 HP up to 30,000 HP

By End Use

  • Industrial Machinery
  • HVAC
  • Transportation
  • Others

By Country

  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA AC Electric Motor Market, by Sales Type
1.4.2 LAMEA AC Electric Motor Market, by Output Power
1.4.3 LAMEA AC Electric Motor Market, by End Use
1.4.4 LAMEA AC Electric Motor Market, by Country
1.5 Methodology for the research

Chapter 2. Market at a Glance
2.1 Key Highlights

Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
3.3 Porter Five Forces Analysis

Chapter 4. Strategies Deployed in AC Electric Motor Market

Chapter 5. LAMEA AC Electric Motor Market by Sales Type
5.1 LAMEA New Sales Market by Country
5.2 LAMEA Aftermarket Market by Country

Chapter 6. LAMEA AC Electric Motor Market by Output Power
6.1 LAMEA 1,000 HP up to 10,000 HP Market by Country
6.2 LAMEA 10,000 HP up to 20,000 HP Market by Country
6.3 LAMEA 20,000 HP up to 30,000 HP Market by Country

Chapter 7. LAMEA AC Electric Motor Market by End-Use
7.1 LAMEA Industrial Machinery Market by Country
7.2 LAMEA HVAC Market by Country
7.3 LAMEA Transportation Market by Country
7.4 LAMEA Others Market by Country

Chapter 8. LAMEA AC Electric Motor Market by Country
8.1 Brazil AC Electric Motor Market
8.1.1 Brazil AC Electric Motor Market by Sales Type
8.1.2 Brazil AC Electric Motor Market by Output Power
8.1.3 Brazil AC Electric Motor Market by End-Use
8.2 Argentina AC Electric Motor Market
8.2.1 Argentina AC Electric Motor Market by Sales Type
8.2.2 Argentina AC Electric Motor Market by Output Power
8.2.3 Argentina AC Electric Motor Market by End-Use
8.3 UAE AC Electric Motor Market
8.3.1 UAE AC Electric Motor Market by Sales Type
8.3.2 UAE AC Electric Motor Market by Output Power
8.3.3 UAE AC Electric Motor Market by End-Use
8.4 Saudi Arabia AC Electric Motor Market
8.4.1 Saudi Arabia AC Electric Motor Market by Sales Type
8.4.2 Saudi Arabia AC Electric Motor Market by Output Power
8.4.3 Saudi Arabia AC Electric Motor Market by End-Use
8.5 South Africa AC Electric Motor Market
8.5.1 South Africa AC Electric Motor Market by Sales Type
8.5.2 South Africa AC Electric Motor Market by Output Power
8.5.3 South Africa AC Electric Motor Market by End-Use
8.6 Nigeria AC Electric Motor Market
8.6.1 Nigeria AC Electric Motor Market by Sales Type
8.6.2 Nigeria AC Electric Motor Market by Output Power
8.6.3 Nigeria AC Electric Motor Market by End-Use
8.7 Rest of LAMEA AC Electric Motor Market
8.7.1 Rest of LAMEA AC Electric Motor Market by Sales Type
8.7.2 Rest of LAMEA AC Electric Motor Market by Output Power
8.7.3 Rest of LAMEA AC Electric Motor Market by End-Use

Chapter 9. Company Profiles
9.1 WEG Equipamentos Eletricos SA
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Regional Analysis
9.1.4 Recent strategies and developments:
9.1.4.1 Partnerships, Collaborations, and Agreements:
9.1.4.2 Product Launches and Product Expansions:
9.1.4.3 Acquisition and Mergers:
9.1.5 SWOT Analysis
9.2 Toshiba Corporation
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Segmental and Regional Analysis
9.2.4 Research and Development Expense
9.2.5 SWOT Analysis
9.3 General Electric Company
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Segmental and Regional Analysis
9.3.4 Research & Development Expense
9.3.5 SWOT Analysis
9.4 Hitachi, Ltd.
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Segmental and Regional Analysis
9.4.4 Research & Development Expenses
9.4.5 SWOT Analysis
9.5 ABB Ltd.
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Segmental and Regional Analysis
9.5.4 Research & Development Expense
9.5.5 Recent strategies and developments:
9.5.5.1 Product Launches and Product Expansions:
9.5.6 SWOT Analysis
9.6 Nidec Corporation
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Segmental and Regional Analysis
9.6.4 Research & Development Expense
9.6.5 Recent strategies and developments:
9.6.5.1 Product Launches and Product Expansions:
9.7 Siemens AG
9.7.1 Company Overview
9.7.2 Financial Analysis
9.7.3 Segmental and Regional Analysis
9.7.4 Research & Development Expense
9.7.5 SWOT Analysis
9.8 Kirloskar Electric Co. Ltd.
9.8.1 Company Overview
9.8.2 Financial Analysis
9.8.3 Segmental Analysis
9.9 Schneider Electric SE
9.9.1 Company Overview
9.9.2 Financial Analysis
9.9.3 Segmental and Regional Analysis
9.9.4 Research & Development Expense
9.9.5 Recent strategies and developments:
9.9.5.1 Partnerships, Collaborations, and Agreements:
9.9.6 SWOT Analysis
9.10. Emerson Electric Co.
9.10.1 Company Overview
9.10.2 Financial Analysis
9.10.3 Segmental and Regional Analysis
9.10.4 Research & Development Expense
9.10.5 SWOT Analysis
TABLE 1 LAMEA AC Electric Motor Market, 2019 - 2022, USD Million
TABLE 2 LAMEA AC Electric Motor Market, 2023 - 2030, USD Million
TABLE 3 LAMEA AC Electric Motor Market by Sales Type, 2019 - 2022, USD Million
TABLE 4 LAMEA AC Electric Motor Market by Sales Type, 2023 - 2030, USD Million
TABLE 5 LAMEA New Sales Market by Country, 2019 - 2022, USD Million
TABLE 6 LAMEA New Sales Market by Country, 2023 - 2030, USD Million
TABLE 7 LAMEA Aftermarket Market by Country, 2019 - 2022, USD Million
TABLE 8 LAMEA Aftermarket Market by Country, 2023 - 2030, USD Million
TABLE 9 LAMEA AC Electric Motor Market by Output Power, 2019 - 2022, USD Million
TABLE 10 LAMEA AC Electric Motor Market by Output Power, 2023 - 2030, USD Million
TABLE 11 LAMEA 1,000 HP up to 10,000 HP Market by Country, 2019 - 2022, USD Million
TABLE 12 LAMEA 1,000 HP up to 10,000 HP Market by Country, 2023 - 2030, USD Million
TABLE 13 LAMEA 10,000 HP up to 20,000 HP Market by Country, 2019 - 2022, USD Million
TABLE 14 LAMEA 10,000 HP up to 20,000 HP Market by Country, 2023 - 2030, USD Million
TABLE 15 LAMEA 20,000 HP up to 30,000 HP Market by Country, 2019 - 2022, USD Million
TABLE 16 LAMEA 20,000 HP up to 30,000 HP Market by Country, 2023 - 2030, USD Million
TABLE 17 LAMEA AC Electric Motor Market by End-Use, 2019 - 2022, USD Million
TABLE 18 LAMEA AC Electric Motor Market by End-Use, 2023 - 2030, USD Million
TABLE 19 LAMEA Industrial Machinery Market by Country, 2019 - 2022, USD Million
TABLE 20 LAMEA Industrial Machinery Market by Country, 2023 - 2030, USD Million
TABLE 21 LAMEA HVAC Market by Country, 2019 - 2022, USD Million
TABLE 22 LAMEA HVAC Market by Country, 2023 - 2030, USD Million
TABLE 23 LAMEA Transportation Market by Country, 2019 - 2022, USD Million
TABLE 24 LAMEA Transportation Market by Country, 2023 - 2030, USD Million
TABLE 25 LAMEA Others Market by Country, 2019 - 2022, USD Million
TABLE 26 LAMEA Others Market by Country, 2023 - 2030, USD Million
TABLE 27 LAMEA AC Electric Motor Market by Country, 2019 - 2022, USD Million
TABLE 28 LAMEA AC Electric Motor Market by Country, 2023 - 2030, USD Million
TABLE 29 Brazil AC Electric Motor Market, 2019 - 2022, USD Million
TABLE 30 Brazil AC Electric Motor Market, 2023 - 2030, USD Million
TABLE 31 Brazil AC Electric Motor Market by Sales Type, 2019 - 2022, USD Million
TABLE 32 Brazil AC Electric Motor Market by Sales Type, 2023 - 2030, USD Million
TABLE 33 Brazil AC Electric Motor Market by Output Power, 2019 - 2022, USD Million
TABLE 34 Brazil AC Electric Motor Market by Output Power, 2023 - 2030, USD Million
TABLE 35 Brazil AC Electric Motor Market by End-Use, 2019 - 2022, USD Million
TABLE 36 Brazil AC Electric Motor Market by End-Use, 2023 - 2030, USD Million
TABLE 37 Argentina AC Electric Motor Market, 2019 - 2022, USD Million
TABLE 38 Argentina AC Electric Motor Market, 2023 - 2030, USD Million
TABLE 39 Argentina AC Electric Motor Market by Sales Type, 2019 - 2022, USD Million
TABLE 40 Argentina AC Electric Motor Market by Sales Type, 2023 - 2030, USD Million
TABLE 41 Argentina AC Electric Motor Market by Output Power, 2019 - 2022, USD Million
TABLE 42 Argentina AC Electric Motor Market by Output Power, 2023 - 2030, USD Million
TABLE 43 Argentina AC Electric Motor Market by End-Use, 2019 - 2022, USD Million
TABLE 44 Argentina AC Electric Motor Market by End-Use, 2023 - 2030, USD Million
TABLE 45 UAE AC Electric Motor Market, 2019 - 2022, USD Million
TABLE 46 UAE AC Electric Motor Market, 2023 - 2030, USD Million
TABLE 47 UAE AC Electric Motor Market by Sales Type, 2019 - 2022, USD Million
TABLE 48 UAE AC Electric Motor Market by Sales Type, 2023 - 2030, USD Million
TABLE 49 UAE AC Electric Motor Market by Output Power, 2019 - 2022, USD Million
TABLE 50 UAE AC Electric Motor Market by Output Power, 2023 - 2030, USD Million
TABLE 51 UAE AC Electric Motor Market by End-Use, 2019 - 2022, USD Million
TABLE 52 UAE AC Electric Motor Market by End-Use, 2023 - 2030, USD Million
TABLE 53 Saudi Arabia AC Electric Motor Market, 2019 - 2022, USD Million
TABLE 54 Saudi Arabia AC Electric Motor Market, 2023 - 2030, USD Million
TABLE 55 Saudi Arabia AC Electric Motor Market by Sales Type, 2019 - 2022, USD Million
TABLE 56 Saudi Arabia AC Electric Motor Market by Sales Type, 2023 - 2030, USD Million
TABLE 57 Saudi Arabia AC Electric Motor Market by Output Power, 2019 - 2022, USD Million
TABLE 58 Saudi Arabia AC Electric Motor Market by Output Power, 2023 - 2030, USD Million
TABLE 59 Saudi Arabia AC Electric Motor Market by End-Use, 2019 - 2022, USD Million
TABLE 60 Saudi Arabia AC Electric Motor Market by End-Use, 2023 - 2030, USD Million
TABLE 61 South Africa AC Electric Motor Market, 2019 - 2022, USD Million
TABLE 62 South Africa AC Electric Motor Market, 2023 - 2030, USD Million
TABLE 63 South Africa AC Electric Motor Market by Sales Type, 2019 - 2022, USD Million
TABLE 64 South Africa AC Electric Motor Market by Sales Type, 2023 - 2030, USD Million
TABLE 65 South Africa AC Electric Motor Market by Output Power, 2019 - 2022, USD Million
TABLE 66 South Africa AC Electric Motor Market by Output Power, 2023 - 2030, USD Million
TABLE 67 South Africa AC Electric Motor Market by End-Use, 2019 - 2022, USD Million
TABLE 68 South Africa AC Electric Motor Market by End-Use, 2023 - 2030, USD Million
TABLE 69 Nigeria AC Electric Motor Market, 2019 - 2022, USD Million
TABLE 70 Nigeria AC Electric Motor Market, 2023 - 2030, USD Million
TABLE 71 Nigeria AC Electric Motor Market by Sales Type, 2019 - 2022, USD Million
TABLE 72 Nigeria AC Electric Motor Market by Sales Type, 2023 - 2030, USD Million
TABLE 73 Nigeria AC Electric Motor Market by Output Power, 2019 - 2022, USD Million
TABLE 74 Nigeria AC Electric Motor Market by Output Power, 2023 - 2030, USD Million
TABLE 75 Nigeria AC Electric Motor Market by End-Use, 2019 - 2022, USD Million
TABLE 76 Nigeria AC Electric Motor Market by End-Use, 2023 - 2030, USD Million
TABLE 77 Rest of LAMEA AC Electric Motor Market, 2019 - 2022, USD Million
TABLE 78 Rest of LAMEA AC Electric Motor Market, 2023 - 2030, USD Million
TABLE 79 Rest of LAMEA AC Electric Motor Market by Sales Type, 2019 - 2022, USD Million
TABLE 80 Rest of LAMEA AC Electric Motor Market by Sales Type, 2023 - 2030, USD Million
TABLE 81 Rest of LAMEA AC Electric Motor Market by Output Power, 2019 - 2022, USD Million
TABLE 82 Rest of LAMEA AC Electric Motor Market by Output Power, 2023 - 2030, USD Million
TABLE 83 Rest of LAMEA AC Electric Motor Market by End-Use, 2019 - 2022, USD Million
TABLE 84 Rest of LAMEA AC Electric Motor Market by End-Use, 2023 - 2030, USD Million
TABLE 85 Key Information – WEG Equipamentos Eletricos SA
TABLE 86 Key Information – Toshiba Corporation
TABLE 87 Key Information – General Electric Company
TABLE 88 Key Information – Hitachi, Ltd.
TABLE 89 Key Information – ABB Ltd.
TABLE 90 Key Information – Nidec Corporation
TABLE 91 Key Information – Siemens AG
TABLE 92 Key Information – Kirloskar Electric Co., Ltd.
TABLE 93 Key Information – Schneider Electric SE
TABLE 94 Key Information – Emerson Electric Co.

List of Figures
FIG 1 Methodology for the research
FIG 2 LAMEA AC Electric Motor Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting AC Electric Motor Market
FIG 4 Porter’s Five Forces Analysis – AC Electric Motor Market
FIG 5 LAMEA AC Electric Motor Market share by Sales Type, 2022
FIG 6 LAMEA AC Electric Motor Market share by Sales Type, 2030
FIG 7 LAMEA AC Electric Motor Market by Sales Type, 2019 - 2030, USD Million
FIG 8 LAMEA AC Electric Motor Market share by Output Power, 2022
FIG 9 LAMEA AC Electric Motor Market share by Output Power, 2030
FIG 10 LAMEA AC Electric Motor Market by Output Power, 2019 - 2030, USD Million
FIG 11 LAMEA AC Electric Motor Market share by End-Use, 2022
FIG 12 LAMEA AC Electric Motor Market share by End-Use, 2030
FIG 13 LAMEA AC Electric Motor Market by End-Use, 2019 - 2030, USD Million
FIG 14 LAMEA AC Electric Motor Market share by Country, 2022
FIG 15 LAMEA AC Electric Motor Market share by Country, 2030
FIG 16 LAMEA AC Electric Motor Market by Country, 2019 - 2030, USD Million
FIG 17 Recent strategies and developments: WEG Equipamentos Eletricos SA
FIG 18 SWOT Analysis: WEG Equipamentos Eletricos SA
FIG 19 SWOT Analysis: Toshiba Corporation
FIG 20 SWOT Analysis: General electric
FIG 21 Swot analysis: Hitachi, Ltd.
FIG 22 SWOT Analysis: ABB ltd.
FIG 23 SWOT Analysis: Siemens AG
FIG 24 SWOT Analysis: Schneider Electric SE
FIG 25 Swot Analysis: EMERSON ELECTRIC CO.

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