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Energy Efficient Motor Market by Efficiency Level (IE1, IE2, IE3, and IE4), Type, Application (HVAC, Fans, Pumps, Compressors, Refrigeration, Material Handling, and Material Processing), Vertical and Geography - Global Forecast to 2023

Energy Efficient Motor Market by Efficiency Level (IE1, IE2, IE3, and IE4), Type, Application (HVAC, Fans, Pumps, Compressors, Refrigeration, Material Handling, and Material Processing), Vertical and Geography - Global Forecast to 2023

“The energy efficient motor market is expected to grow at a significant rate between 2018 and 2023”
The energy efficient motor market is expected to reach USD 41.57 billion by 2023 from USD 30.34 billion in 2018, at a CAGR of 6.5% between 2018 and 2023. The key factors driving the growth of the energy efficient motor market are saving on energy and subsequent cost over traditional motors, increasing support from governments worldwide for the adoption of energy efficient motor, rising need to diminish greenhouse effect, and increasing adoption of energy efficient motors in the industrial sector. However, the major restraining factor for the growth of this market is the high costs of super premium efficiency (IE4) motors.

“AC motors accounted for a larger share of the energy efficient motor market in 2017”
AC motor is a type of electric motor that is driven by an alternating current (AC). An AC motor comprises an outside stator having coils supplied with alternating current to produce a rotating magnetic field and an inside rotor attached to the output shaft producing a second rotating magnetic field. The expected larger share of AC motors in the energy efficient motor market based on type is attributed to the rising concern about carbon emissions and increasing consumption of power, which has been encouraging the development of more energy efficient AC motors.

“North America accounted for the largest share of the energy efficient motor market in 2017”
The US, Canada, and Mexico are the major contributors to the North American energy efficient motor market. This region is a key market for energy efficient motors as some of the largest corporations, such as General Electric, Honeywell, Rockwell, and Regal Beloit, are based in this region. North America is considered to be an early adopter of energy efficient motors. Further, the increasing number of government regulations to reduce the greenhouse effect on the environment is driving adoption of energy efficient solutions. Additionally, the North American automobile industry is undergoing the technological shift from traditional vehicles to electric vehicles, which leads to the increase in the demand for energy efficient motors.

Following is the break-up of the profiles of primary participants for the report:
• By Company Type: Tier 1 – 20%, Tier 2 – 55%, and Tier 3 – 25%
• By Designation: C-Level Executives – 45%, Directors – 30%, and Others – 25%
• By Region: North America – 45%, Europe – 30%, APAC – 20%, and RoW – 5%
The key players operating in the energy efficient motor market are ABB (Switzerland), Siemens (Germany), WEG (Brazil), GE (US), Schneider Electric (France), Nidec (Japan), Rockwell (US), CG (India), Bosch Rexroth (Germany), and Kirloskar Electric (India).

Research Coverage:
The research report covers the energy efficient motor market segmented on the basis of efficiency level, type, vertical, application, and geography. On the basis of efficiency level, the market has been segmented into IE4, IE3, IE2, and IE1. Based on type, the energy efficient motor market has been classified into AC motors and DC motors. The market has been segmented on the basis of application into HVAC, fans, pumps, compressors, refrigeration, material handling, and material processing. Based on vertical, the energy efficient motor market has been divided into industrial, commercial building, residential, automotive, agriculture, and aerospace and defense. Moreover, the report covers the market based on 4 major regions—North America, Europe, Asia Pacific (APAC), and Rest of the World (RoW).

Key Benefits of Buying the Report:
Illustrative segmentation, analysis, and forecast for the market based on efficiency level, type, vertical, application, and geography have been conducted to give an overall view of the energy efficient motor market.
The major drivers, restraints, opportunities, and challenges for the energy efficient motor market have been detailed in this report.
The details on the competitive landscape and revenue of the key players have been provided in the report.


  • INTRODUCTION
    • OBJECTIVES OF STUDY
    • DEFINITION
    • SCOPE OF STUDY
      • YEARS CONSIDERED FOR STUDY
    • CURRENCY
    • PACKAGE SIZE
    • STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • RESEARCH DATA
      • SECONDARY DATA
      • PRIMARY DATA
    • MARKET SIZE ESTIMATION
      • BOTTOM-UP APPROACH
      • TOP-DOWN APPROACH
    • MARKET BREAKDOWN AND DATA TRIANGULATION
    • RESEARCH ASSUMPTIONS
    • LIMITATIONS
  • EXECUTIVE SUMMARY
  • PREMIUM INSIGHTS
    • ATTRACTIVE OPPORTUNITIES IN OVERALL ENERGY EFFICIENT MOTOR MARKET
    • ENERGY EFFICIENT MOTOR MARKET FOR INDUSTRIAL VERTICAL, BY TYPE
    • ENERGY EFFICIENT MOTOR MARKET IN APAC, BY APPLICATION
    • ENERGY EFFICIENT MOTOR MARKET, BY REGION
    • ENERGY EFFICIENT MOTOR MARKET, BY VERTICAL
    • ENERGY EFFICIENT MOTOR MARKET, BY COUNTRY WISE
  • MARKET OVERVIEW
    • INTRODUCTION
    • MARKET DYNAMICS
      • DRIVERS
        • Table FUNDING SCHEMES FROM DIFFERENT GOVERNMENTS FOR ENERGY EFFICIENCY PROGRAM
      • RESTRAINTS
      • OPPORTUNITIES
      • CHALLENGES
    • VALUE CHAIN ANALYSIS
    • TYPES OF LOSSES IN MOTORS
    • COMPARISON BETWEEN STANDARD MOTOR AND ENERGY EFFICIENT MOTOR
  • ENERGY EFFICIENT MOTOR MARKET, BY EFFICIENCY LEVEL
    • INTRODUCTION
      • Table ENERGY EFFICIENT MOTOR MARKET, BY EFFICIENCY LEVEL, 2015-2023 (USD BILLION)
      • Table ENERGY EFFICIENT MOTOR MARKET, BY EFFICIENCY LEVEL, 2015-2023 (MILLION UNITS)
    • IE4 (SUPER PREMIUM EFFICIENCY)
    • IE3 (PREMIUM EFFICIENCY)
    • IE2 (HIGH EFFICIENCY)
    • IE1 (STANDARD EFFICIENCY)
  • ENERGY EFFICIENT MOTOR MARKET, BY TYPE
    • INTRODUCTION
      • Table ENERGY EFFICIENT MOTOR MARKET, BY TYPE, 2015-2023 (USD BILLION)
      • Table ENERGY EFFICIENT MOTOR MARKET, BY TYPE, 2015-2023 (MILLION UNITS)
    • AC MOTORS
      • Table ENERGY EFFICIENT MOTOR MARKET FOR AC MOTORS, BY MOTOR TYPE, 2015-2023 (USD BILLION)
      • Table ENERGY EFFICIENT MOTOR MARKET FOR AC MOTORS, BY APPLICATION, 2015-2023 (USD BILLION)
      • Table ENERGY EFFICIENT MOTOR MARKET FOR AC MOTORS, BY VERTICAL, 2015-2023 (USD BILLION)
      • Table ENERGY EFFICIENT MOTOR MARKET FOR AC MOTORS, BY REGION, 2015-2023 (USD BILLION)
      • INDUCTION AC MOTORS
        • Table ENERGY EFFICIENT MOTOR MARKET FOR INDUCTION AC MOTORS, BY REGION, 2015-2023 (USD BILLION)
      • SYNCHRONOUS AC MOTORS
        • Table ENERGY EFFICIENT MOTOR MARKET FOR SYNCHRONOUS AC MOTORS, BY REGION, 2015-2023 (USD BILLION)
    • DC MOTORS
      • Table ENERGY EFFICIENT MOTOR MARKET FOR DC MOTORS, BY MOTOR TYPE, 2015-2023 (USD BILLION)
      • Table ENERGY EFFICIENT MOTOR MARKET FOR DC MOTORS, BY APPLICATION, 2015-2023 (USD BILLION)
      • Table ENERGY EFFICIENT MOTOR MARKET FOR DC MOTORS, BY VERTICAL, 2015-2023 (USD BILLION)
      • Table ENERGY EFFICIENT MOTOR MARKET FOR DC MOTORS, BY REGION, 2015-2023 (USD BILLION)
      • BRUSHED DC MOTORS
        • Table ENERGY EFFICIENT MOTOR MARKET FOR BRUSHED DC MOTORS, BY REGION, 2015-2023 (USD BILLION)
      • BRUSHLESS DC MOTORS
        • Table ENERGY EFFICIENT MOTOR MARKET FOR BRUSHLESS DC MOTORS, BY REGION, 2015-2023 (USD BILLION)
  • ENERGY EFFICIENT MOTOR MARKET, BY APPLICATION
    • INTRODUCTION
      • Table ENERGY EFFICIENT MOTOR MARKET, BY APPLICATION, 2015-2023 (USD BILLION)
      • Table ENERGY EFFICIENT MOTOR MARKET, BY APPLICATION, 2015-2023 (MILLION UNITS)
    • PUMPS
      • Table ENERGY EFFICIENT MOTOR MARKET FOR PUMPS, BY TYPE, 2015-2023 (USD BILLION)
    • FANS
      • Table ENERGY EFFICIENT MOTOR MARKET FOR FANS, BY TYPE, 2015-2023 (USD BILLION)
    • COMPRESSORS
      • Table ENERGY EFFICIENT MOTOR MARKET FOR COMPRESSORS, BY TYPE, 2015-2023 (USD BILLION)
    • REFRIGERATION
      • Table ENERGY EFFICIENT MOTOR MARKET FOR REFRIGERATION, BY TYPE, 2015-2023 (USD BILLION)
    • MATERIAL HANDLING
      • Table ENERGY EFFICIENT MOTOR MARKET FOR MATERIAL HANDLING, BY TYPE, 2015-2023 (USD BILLION)
    • MATERIAL PROCESSING
      • Table ENERGY EFFICIENT MOTOR MARKET FOR MATERIAL PROCESSING, BY TYPE, 2015-2023 (USD BILLION)
    • HVAC
      • Table ENERGY EFFICIENT MOTOR MARKET FOR HVAC, BY TYPE, 2015-2023 (USD BILLION)
  • ENERGY EFFICIENT MOTOR MARKET, BY VERTICAL
    • INTRODUCTION
      • Table ENERGY EFFICIENT MOTOR MARKET, BY VERTICAL, 2015-2023 (USD BILLION)
      • Table ENERGY EFFICIENT MOTOR MARKET, BY VERTICAL, 2015-2023 (MILLION UNITS)
    • INDUSTRIAL
      • Table ENERGY EFFICIENT MOTOR MARKET FOR INDUSTRIAL VERTICAL, BY TYPE, 2015-2023 (USD BILLION)
      • Table ENERGY EFFICIENT MOTOR MARKET FOR INDUSTRIAL VERTICAL, BY REGION, 2015-2023 (USD BILLION)
    • COMMERCIAL BUILDING
      • Table ENERGY EFFICIENT MOTOR MARKET FOR COMMERCIAL BUILDING VERTICAL, BY TYPE, 2015-2023 (USD BILLION)
      • Table ENERGY EFFICIENT MOTOR MARKET FOR COMMERCIAL BUILDING VERTICAL, BY REGION, 2015-2023 (USD BILLION)
    • RESIDENTIAL
      • Table ENERGY EFFICIENT MOTOR MARKET FOR RESIDENTIAL, BY TYPE, 2015-2023 (USD BILLION)
      • Table ENERGY EFFICIENT MOTOR MARKET FOR RESIDENTIAL, BY REGION, 2015-2023 (USD BILLION)
    • AUTOMOTIVE
      • Table ENERGY EFFICIENT MOTOR MARKET FOR AUTOMOTIVE VERTICAL, BY TYPE, 2015-2023 (USD BILLION)
      • Table ENERGY EFFICIENT MOTOR MARKET FOR AUTOMOTIVE VERTICAL, BY REGION, 2015-2023 (USD BILLION)
    • AGRICULTURE
      • Table ENERGY EFFICIENT MOTOR MARKET FOR AGRICULTURE VERTICAL, BY TYPE, 2015-2023 (USD BILLION)
      • Table ENERGY EFFICIENT MOTOR MARKET FOR AGRICULTURE, BY REGION, 2015-2023 (USD BILLION)
    • AEROSPACE & DEFENSE
      • Table ENERGY EFFICIENT MOTOR MARKET FOR AEROSPACE AND DEFENSE VERTICAL, BY TYPE, 2015-2023 (USD BILLION)
      • Table ENERGY EFFICIENT MOTOR MARKET FOR AEROSPACE AND DEFENSE, BY REGION, 2015-2023 (USD BILLION)
  • ENERGY EFFICIENT MOTOR MARKET, BY GEOGRAPHY
    • INTRODUCTION
      • Table ENERGY EFFICIENT MOTOR MARKET, BY REGION, 2015-2023 (USD BILLION)
      • Table ENERGY EFFICIENT MOTOR MARKET, BY REGION, 2015-2023 (MILLION UNITS)
    • NORTH AMERICA
      • Table ENERGY EFFICIENT MOTOR MARKET IN NORTH AMERICA, BY COUNTRY, 2015-2023 (USD BILLION)
      • Table ENERGY EFFICIENT MOTOR MARKET IN NORTH AMERICA, BY VERTICAL, 2015-2023 (USD BILLION)
      • Table ENERGY EFFICIENT MOTOR MARKET IN NORTH AMERICA, BY APPLICATION, 2015-2023 (USD BILLION)
      • US
        • Table ENERGY EFFICIENT MOTOR MARKET IN US, BY VERTICAL, 2015-2023 (USD MILLION)
      • CANADA
        • Table ENERGY EFFICIENT MOTOR MARKET IN CANADA, BY VERTICAL, 2015-2023 (USD MILLION)
      • MEXICO
        • Table ENERGY EFFICIENT MOTOR MARKET IN MEXICO, BY VERTICAL, 2015-2023 (USD MILLION)
    • EUROPE
      • Table ENERGY EFFICIENT MOTOR MARKET IN EUROPE, BY COUNTRY, 2015-2023 (USD BILLION)
      • Table ENERGY EFFICIENT MOTOR MARKET IN EUROPE, BY VERTICAL, 2015-2023 (USD BILLION)
      • Table ENERGY EFFICIENT MOTOR MARKET IN EUROPE, BY APPLICATION, 2015-2023 (USD BILLION)
      • GERMANY
        • Table ENERGY EFFICIENT MOTOR MARKET IN GERMANY, BY VERTICAL, 2015-2023 (USD MILLION)
      • UK
        • Table ENERGY EFFICIENT MOTOR MARKET IN UK, BY VERTICAL, 2015-2023 (USD MILLION)
      • FRANCE
        • Table ENERGY EFFICIENT MOTOR MARKET IN FRANCE, BY VERTICAL, 2015-2023 (USD MILLION)
      • REST OF EUROPE
        • Table ENERGY EFFICIENT MOTOR MARKET IN REST OF EUROPE, BY VERTICAL, 2015-2023 (USD MILLION)
    • ASIA PACIFIC (APAC)
      • Table ENERGY EFFICIENT MOTOR MARKET IN APAC, BY COUNTRY, 2015-2023 (USD BILLION)
      • Table ENERGY EFFICIENT MOTOR MARKET IN APAC, BY VERTICAL, 2015-2023 (USD BILLION)
      • Table ENERGY EFFICIENT MOTOR MARKET IN APAC, BY APPLICATION, 2015-2023 (USD BILLION)
      • CHINA
        • Table ENERGY EFFICIENT MOTOR MARKET IN CHINA, BY VERTICAL, 2015-2023 (USD MILLION)
      • JAPAN
        • Table ENERGY EFFICIENT MOTOR MARKET IN JAPAN, BY VERTICAL, 2015-2023 (USD MILLION)
      • INDIA
        • Table ENERGY EFFICIENT MOTOR MARKET IN INDIA, BY VERTICAL, 2015-2023 (USD MILLION)
      • REST OF APAC
        • Table ENERGY EFFICIENT MOTOR MARKET IN REST OF APAC, BY VERTICAL, 2015-2023 (USD MILLION)
    • REST OF THE WORLD (ROW)
      • Table ENERGY EFFICIENT MOTOR MARKET IN ROW, BY REGION, 2015-2023 (USD BILLION)
      • Table ENERGY EFFICIENT MOTOR MARKET IN ROW, BY VERTICAL, 2015-2023 (USD BILLION)
      • Table ENERGY EFFICIENT MOTOR MARKET IN ROW, BY APPLICATION, 2015-2023 (USD MILLION)
      • MIDDLE EAST & AFRICA
        • Table ENERGY EFFICIENT MOTOR MARKET IN MIDDLE EAST & AFRICA, BY VERTICAL, 2015-2023 (USD MILLION)
      • SOUTH AMERICA
        • Table ENERGY EFFICIENT MOTOR MARKET IN SOUTH AMERICA, BY VERTICAL, 2015-2023 (USD MILLION)
  • COMPETITIVE LANDSCAPE
    • INTRODUCTION
    • MARKET RANKING ANALYSIS OF ENERGY EFFICIENT MOTOR MARKET PLAYERS
      • Table RANKING ANALYSIS OF KEY PLAYERS IN ENERGY EFFICIENT MOTOR MARKET, 2016
    • COMPETITIVE SITUATIONS & TRENDS
      • PRODUCT LAUNCHES & DEVELOPMENTS
        • Table PRODUCT LAUNCHES AND DEVELOPMENTS, 2014-2017
      • AGREEMENTS, PARTNERSHIPS, &COLLABORATIONS
        • Table AGREEMENTS, PARTNERSHIPS, AND COLLABORATIONS, 2014-2017
      • ACQUISITIONS
        • Table ACQUISITIONS, 2014-2017
      • EXPANSIONS
        • Table EXPANSIONS, 2014-2017
  • COMPANY PROFILES
    • INTRODUCTION
    • KEY PLAYERS
      • ABB
      • SIEMENS
      • WEG
      • GENERAL ELECTRIC
      • NIDEC
      • SCHNEIDER ELECTRIC
      • ROCKWELL
      • CROMPTON GREAVES
      • BOSCH REXROTH
      • KIRLOSKAR ELECTRIC
      • REGAL BELOIT
      • HAVELLS
      • MAXON MOTOR
      • BROOK CROMPTON
      • TOSHIBA
    • OTHER IMPORTANT PLAYERS
      • HONEYWELL
      • EC FANS & DRIVES (AN EPEC COMPANY)
      • EBM-PAPST
      • JOHNSON ELECTRIC
      • MITSUBISHI ELECTRIC
  • APPENDIX
    • INSIGHTS OF INDUSTRY EXPERTS
    • DISCUSSION GUIDE
    • KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
    • INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE
    • AVAILABLE CUSTOMIZATIONS
    • RELATED REPORTS
    • AUTHOR DETAILS

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