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Energy Efficient Motor Market by Efficiency Standard/ Level (IE1, IE2, IE3), Type (AC Motors, DC Motors), Output Rating, Application, End-User - Global Forecast 2024-2030

Publisher 360iResearch
Published Jan 15, 2024
Length 184 Pages
SKU # IRE18443263

Description

Energy Efficient Motor Market by Efficiency Standard/ Level (IE1, IE2, IE3), Type (AC Motors, DC Motors), Output Rating, Application, End-User - Global Forecast 2024-2030


The Energy Efficient Motor Market size was estimated at USD 39.64 billion in 2023and expected to reach USD 42.47 billion in 2024,at a CAGR 7.48%to reach USD 65.71 billion by 2030.

An energy-efficient motor (EEM) is a motor that gives the same output strength by consuming lesser amounts of electricity. Energy-efficient motors offer improved efficiency over their traditional counterparts, resulting in significant cost savings and reduced environmental impact. The growing emphasis on the action of green technologies and government regulations aimed at reducing carbon emissions and promoting sustainability are raising the demand for energy-efficient motors. However, the high cost of motors and lack of awareness regarding the availability of energy-efficient motors in developing economies can adversely impact the adoption of energy-efficient motors. Moreover, technological breakthroughs and improvements in energy-efficient motors are expected to encourage the use of energy-efficient motors across the end-use sectors worldwide.

Regional Insights

The energy-efficient market is highly evolving in the Americas owing to the rapid expansion of industrial sectors and the growing use of these motors in commercial and residential sectors in the region. The increase in demand for energy-efficient motors in the APAC region is due to the rising cost of energy in this region and the rapid expansion of the manufacturing sector. The energy-efficient motors market is developing in the EMEA region due to its established automotive industry and government initiatives promoting energy efficiency. Additionally, the growing focus on expanding renewable energy projects and adopting energy-efficient solutions for industrial needs are expected to create immense potential for the growth of the energy-efficient motor market worldwide.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Energy Efficient Motor Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Energy Efficient Motor Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Energy Efficient Motor Market, highlighting leading vendors and their innovative profiles. These include ABB Ltd., AEM-Anhaltische Elektromotorenwerk Dessau GmbH, Baumüller Nürnberg GmbH, Bonfiglioli Riduttori S.p.A., Brook Crompton UK Ltd., Danfoss A/S, Delta Electronics, Inc., Emerson Electric Co., Franklin Electric Europa GmbH, Fuji Electric Co., Ltd., Hitachi, Ltd., Kollmorgen Corporation, Leroy-Somer by Nidec Motor Corporation, Marathon Electric by Regal Rexnord Corporation, Menzel Elektromotoren GmbH, Mitsubishi Electric Corporation, Moog Inc., NORD Drivesystems Pvt. Ltd., Parker Hannifin AB NUF, Robert Bosch GmbH, SEW-Eurodrive GmbH & Co KG, Siemens AG, Sumitomo Heavy Industries, Ltd., Techtop Electric Motors, TECO-Westinghouse, Toshiba International Corporation, VEM Group, Wolong Electric Group Co., Ltd, and Yaskawa Electric Corporation.

Market Segmentation & Coverage

This research report categorizes the Energy Efficient Motor Market to forecast the revenues and analyze trends in each of the following sub-markets:

  • Efficiency Standard/ Level
    • IE1
    • IE2
    • IE3
    • IE4
  • Type
    • AC Motors
    • DC Motors
  • Output Rating
    • 1-30 KW
    • 30-90 KW
    • <1 KW
    • > 90 KW
  • Application
    • Compressors
    • HVAC
    • Material Handling
    • Pumps
    • Refrigeration
  • End-User
    • Aerospace & Defense
    • Agriculture
    • Automotive
    • Commercial
    • Industrial
    • Residential
  • Region
    • Americas
      • Argentina
      • Brazil
      • Canada
      • Mexico
      • United States
        • California
        • Florida
        • Illinois
        • New York
        • Ohio
        • Pennsylvania
        • Texas
    • Asia-Pacific
      • Australia
      • China
      • India
      • Indonesia
      • Japan
      • Malaysia
      • Philippines
      • Singapore
      • South Korea
      • Taiwan
      • Thailand
      • Vietnam
    • Europe, Middle East & Africa
      • Denmark
      • Egypt
      • Finland
      • France
      • Germany
      • Israel
      • Italy
      • Netherlands
      • Nigeria
      • Norway
      • Poland
      • Qatar
      • Russia
      • Saudi Arabia
      • South Africa
      • Spain
      • Sweden
      • Switzerland
      • Turkey
      • United Arab Emirates
      • United Kingdom
The report offers valuable insights on the following aspects:

  1. Market Penetration: It presents comprehensive information on the market provided by key players.
  2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
  3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
  4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
  5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.
The report addresses key questions such as:

  1. What is the market size and forecast of the Energy Efficient Motor Market?
  2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Energy Efficient Motor Market?
  3. What are the technology trends and regulatory frameworks in the Energy Efficient Motor Market?
  4. What is the market share of the leading vendors in the Energy Efficient Motor Market?
  5. Which modes and strategic moves are suitable for entering the Energy Efficient Motor Market?
PDF E-mail From Publisher (2-5)Users License

Table of Contents

184 Pages
1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Energy Efficient Motor Market, by Region
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Rising need to reduce the greenhouse effect and increasing emphasis on adoption of green technology leading toward decarbonization
5.1.1.2. Government regulations with the goal of achieving high efficiency in appliances and machineries
5.1.1.3. Increasing applications of energy efficient motor in material handling, material processing, and pumps
5.1.2. Restraints
5.1.2.1. High price associated with energy efficient motor
5.1.3. Opportunities
5.1.3.1. Technological advancements and innovations in energy efficient motor
5.1.3.2. Rising industrialization and rapid adoption of automation and robotics in the manufacturing sector
5.1.4. Challenges
5.1.4.1. Lack of awareness of benefits of energy efficient motor in developing economies
5.2. Market Segmentation Analysis
5.3. Market Trend Analysis
5.4. Cumulative Impact of High Inflation
5.5. Porter’s Five Forces Analysis
5.5.1. Threat of New Entrants
5.5.2. Threat of Substitutes
5.5.3. Bargaining Power of Customers
5.5.4. Bargaining Power of Suppliers
5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework
6. Energy Efficient Motor Market, by Efficiency Standard/ Level
6.1. Introduction
6.2. IE1
6.3. IE2
6.4. IE3
6.5. IE4
7. Energy Efficient Motor Market, by Type
7.1. Introduction
7.2. AC Motors
7.3. DC Motors
8. Energy Efficient Motor Market, by Output Rating
8.1. Introduction
8.2. 1-30 KW
8.3. 30-90 KW
8.4.<1 KW
8.5. > 90 KW
9. Energy Efficient Motor Market, by Application
9.1. Introduction
9.2. Compressors
9.3. HVAC
9.4. Material Handling
9.5. Pumps
9.6. Refrigeration
10. Energy Efficient Motor Market, by End-User
10.1. Introduction
10.2. Aerospace & Defense
10.3. Agriculture
10.4. Automotive
10.5. Commercial
10.6. Industrial
10.7. Residential
11. Americas Energy Efficient Motor Market
11.1. Introduction
11.2. Argentina
11.3. Brazil
11.4. Canada
11.5. Mexico
11.6. United States
12. Asia-Pacific Energy Efficient Motor Market
12.1. Introduction
12.2. Australia
12.3. China
12.4. India
12.5. Indonesia
12.6. Japan
12.7. Malaysia
12.8. Philippines
12.9. Singapore
12.10. South Korea
12.11. Taiwan
12.12. Thailand
12.13. Vietnam
13. Europe, Middle East & Africa Energy Efficient Motor Market
13.1. Introduction
13.2. Denmark
13.3. Egypt
13.4. Finland
13.5. France
13.6. Germany
13.7. Israel
13.8. Italy
13.9. Netherlands
13.10. Nigeria
13.11. Norway
13.12. Poland
13.13. Qatar
13.14. Russia
13.15. Saudi Arabia
13.16. South Africa
13.17. Spain
13.18. Sweden
13.19. Switzerland
13.20. Turkey
13.21. United Arab Emirates
13.22. United Kingdom
14. Competitive Landscape
14.1. FPNV Positioning Matrix
14.2. Market Share Analysis, By Key Player
14.3. Competitive Scenario Analysis, By Key Player
14.3.1. Merger & Acquisition
14.3.1.1. Rogers’ Shareholders Approve Acquisition by DuPont.
14.3.2. Agreement, Collaboration, & Partnership
14.3.2.1. Danfoss and Beijer Ref Renew Partnership Agreement With Expanded Focus on Sustainability.
14.3.2.2. Nidec Global Appliance to Provide Motors and Cutting-Edge Embraco Compressors for Xiaomi’s Residential Products.
14.3.3. New Product Launch & Enhancement
14.3.3.1. Tecumseh Introduces Energy Efficient TC Series Compressors with R-290.
14.3.3.2. ePropelled Unveils Energy-Efficient Electric Pump Motors for Pool, Spa, and Industrial Applications.
14.3.3.3. Nidec to Provide Cutting-Edge Embraco Compressors for Xiaomi’s Residential Products.
14.3.3.4. ELGi Launches Two High Performance, Energy-Efficient Portable Air Compressors.
14.3.4. Investment & Funding
14.3.4.1. Foresight Invests British Pounds 2.5 Million (USD 3.11 Million) into Sprint Electric to Support Product Development.
14.3.4.2. Turntide Technologies Exceeds USD 1 Billion Valuation With USD 80 Million Fundraise to Accelerate Decarbonization of Buildings, Equipment, and Vehicles.
14.3.4.3. Infinitum Electric Raises USD 80 Million in Series D Funding Led by Riverstone Holdings to Scale Production of Sustainable Motors.
14.3.5. Award, Recognition, & Expansion
14.3.5.1. Shakti Pumps Receives Patent for Inventing ‘Shakti Slip Start Synchronous Run Motor’.
15. Competitive Portfolio
15.1. Key Company Profiles
15.1.1. ABB Ltd.
15.1.2. AEM-Anhaltische Elektromotorenwerk Dessau GmbH
15.1.3. Baumüller Nürnberg GmbH
15.1.4. Bonfiglioli Riduttori S.p.A.
15.1.5. Brook Crompton UK Ltd.
15.1.6. Danfoss A/S
15.1.7. Delta Electronics, Inc.
15.1.8. Emerson Electric Co.
15.1.9. Franklin Electric Europa GmbH
15.1.10. Fuji Electric Co., Ltd.
15.1.11. Hitachi, Ltd.
15.1.12. Kollmorgen Corporation
15.1.13. Leroy-Somer by Nidec Motor Corporation
15.1.14. Marathon Electric by Regal Rexnord Corporation
15.1.15. Menzel Elektromotoren GmbH
15.1.16. Mitsubishi Electric Corporation
15.1.17. Moog Inc.
15.1.18. NORD Drivesystems Pvt. Ltd.
15.1.19. Parker Hannifin AB NUF
15.1.20. Robert Bosch GmbH
15.1.21. SEW-Eurodrive GmbH & Co KG
15.1.22. Siemens AG
15.1.23. Sumitomo Heavy Industries, Ltd.
15.1.24. Techtop Electric Motors
15.1.25. TECO-Westinghouse
15.1.26. Toshiba International Corporation
15.1.27. VEM Group
15.1.28. Wolong Electric Group Co., Ltd
15.1.29. Yaskawa Electric Corporation
15.2. Key Product Portfolio
16. Appendix
16.1. Discussion Guide
16.2. License & Pricing
FIGURE 1. ENERGY EFFICIENT MOTOR MARKET RESEARCH PROCESS
FIGURE 2. ENERGY EFFICIENT MOTOR MARKET SIZE, 2023 VS 2030
FIGURE 3. ENERGY EFFICIENT MOTOR MARKET SIZE, 2018-2030 (USD MILLION)
FIGURE 4. ENERGY EFFICIENT MOTOR MARKET SIZE, BY REGION, 2023 VS 2030 (%)
FIGURE 5. ENERGY EFFICIENT MOTOR MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 6. ENERGY EFFICIENT MOTOR MARKET DYNAMICS
FIGURE 7. ENERGY EFFICIENT MOTOR MARKET SIZE, BY EFFICIENCY STANDARD/ LEVEL, 2023 VS 2030 (%)
FIGURE 8. ENERGY EFFICIENT MOTOR MARKET SIZE, BY EFFICIENCY STANDARD/ LEVEL, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 9. ENERGY EFFICIENT MOTOR MARKET SIZE, BY TYPE, 2023 VS 2030 (%)
FIGURE 10. ENERGY EFFICIENT MOTOR MARKET SIZE, BY TYPE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 11. ENERGY EFFICIENT MOTOR MARKET SIZE, BY OUTPUT RATING, 2023 VS 2030 (%)
FIGURE 12. ENERGY EFFICIENT MOTOR MARKET SIZE, BY OUTPUT RATING, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 13. ENERGY EFFICIENT MOTOR MARKET SIZE, BY APPLICATION, 2023 VS 2030 (%)
FIGURE 14. ENERGY EFFICIENT MOTOR MARKET SIZE, BY APPLICATION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 15. ENERGY EFFICIENT MOTOR MARKET SIZE, BY END-USER, 2023 VS 2030 (%)
FIGURE 16. ENERGY EFFICIENT MOTOR MARKET SIZE, BY END-USER, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 17. AMERICAS ENERGY EFFICIENT MOTOR MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 18. AMERICAS ENERGY EFFICIENT MOTOR MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 19. UNITED STATES ENERGY EFFICIENT MOTOR MARKET SIZE, BY STATE, 2023 VS 2030 (%)
FIGURE 20. UNITED STATES ENERGY EFFICIENT MOTOR MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 21. ASIA-PACIFIC ENERGY EFFICIENT MOTOR MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 22. ASIA-PACIFIC ENERGY EFFICIENT MOTOR MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 23. EUROPE, MIDDLE EAST & AFRICA ENERGY EFFICIENT MOTOR MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 24. EUROPE, MIDDLE EAST & AFRICA ENERGY EFFICIENT MOTOR MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 25. ENERGY EFFICIENT MOTOR MARKET, FPNV POSITIONING MATRIX, 2023
FIGURE 26. ENERGY EFFICIENT MOTOR MARKET SHARE, BY KEY PLAYER, 2023

Pricing

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