North America Electric Motor Market Size is expected to register a growth rate of 6.6% CAGR during the forecast period (2018 - 2024)

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According to a new report North America Electric Motor Market, published by KBV research, the North America Electric Motor Market Size would witness market growth of 6.6% CAGR during the forecast period (2018 – 2024).

The US market would dominate the North America Motor Vehicles Electric Motor Market by Country by 2024, growing at a CAGR of 4.9 % during the forecast period. The Canada market is expected to witness a CAGR of 8% during (2018 - 2024). Additionally, The Mexico market is expected to witness a CAGR of 7% during (2018 - 2024).
The AC Motor market dominated the North America Electric Motor Market by Component 2017. The DC Motor market is expected to witness a CAGR of 4.2% during (2018 - 2024). Additionally, The Hermetic Motor market is expected to witness highest CAGR of 8.4% during (2018 - 2024).

The Fractional Horsepower (FHP) Output market dominated the Mexico Electric Motor Market by Output Power 2017, growing at a CAGR of 8.2 % during the forecast period. The Integral Horsepower (FHP) Output market is expected to witness a CAGR of 7% during (2018 - 2024).

Full Report: https://www.kbvresearch.com/north-america-electric-motor-market/

The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the mentioned countries. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Robert Bosch GmbH, General Electric (GE), Siemens AG, Hitachi, Ltd., Mitsubishi Heavy Industries Ltd., ABB Corporation, Emerson Electric Co., Denso Corporation, Toshiba Corporation, and Brook Crompton UK Ltd.

North America Electric Motor Market Size Segmentation

By Component

  • AC Motor
  • Synchronous AC Motor
  • Induction AC Motor
  • DC Motor
  • Brushless DC Motor
  • Brushed DC Motor
  • Hermetic Motor

By Output Power

  • Fractional Horsepower (FHP) Output
  • Integral Horsepower (FHP) Output

By End User

  • Motor Vehicles
  • Industrial Machinery
  • Heating Ventilating and Cooling (HVAC) Equipment
  • Household Appliances
  • Aerospace & Transportation
  • Others

By Country

  • US
  • Canada
  • Mexico
  • Rest of North America

Companies Profiled

  • Robert Bosch GmbH
  • General Electric (GE)
  • Siemens AG
  • Hitachi, Ltd.
  • Mitsubishi Heavy Industries Ltd.
  • ABB Corporation
  • Emerson Electric Co.
  • Denso Corporation
  • Toshiba Corporation
  • Brook Crompton UK Ltd.

Unique Offerings from KBV Research

  • Exhaustive coverage of North America Electric Motor Market Size
  • Highest number of market tables and figures
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