An Analysis of the Electric Motor Market by Pumps, Fans, Drives, Compressor, General Machinery, Centrifugal Machinery, Grinders, Extruders, Robotics and Others
Rise in awareness regarding green vehicles among customers is considered the key factor driving the global electric motor market.
The anticipated size of the global electric motor market in 2022 was US$ 131.4 billion and is estimated to be US$ 132.8 billion in 2023. Market for global electric motors is important as the increase in the number of government incentives for encouraging sales of green vehicles from safeguarding the environment from carbon emissions is anticipated to boost the market.
Industries of electric motors, nowadays have observed various advancements in technology in the past few years, i.e., raising the demand of the market. Future Market Insights has mentioned in its reports that the electric motor market will expand at a CAGR of 6.64% between 2023 and 2033, totaling around US$ 252.6 billion by 2033.
Arrival of better insulation materials is on the verge of improvement in operational efficiency and the product's life, which has substantially driven the market where the market is expected to witness humongous growth over the forecasted period that owes to an increase in the production of automobiles during the forecast period.
Demand for energy-efficient motors is also driving the market by boosting the prices of electricity and rigorous standards of electricity consumption. Various methods like stringent manufacturing and designing standards for the improvement of efficiency are further pushing manufacturers for developing efficient products. Market for electric motors is also therefore shifting towards the maintenance of efficient motorized systems as they lack appreciation regarding advantages and high initial purchase costs, which are preserving the market from the realization of its ultimate potential.
Attributes
Details
Projected Forecast Value (2022)
US$ 131.4 billion
Projected Forecast Value (2023)
US$ 132.8 billion
Projected Forecast Value (2033)
US$ 252.6 billion
Growth rate
6.64% CAGR
Forecast period
2023 to 2033
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Electric Motor Market Historical Analysis (2018 to 2022) Vs. Forecast Outlook (2023 to 2033)
The global electric motor market grew at a CAGR of 5.43% between 2018 and 2022. Growth forecasts remain optimistic, with the market predicted to exhibit a CAGR of 6.64% between 2023 and 2033.
Driven by increasing focus on research and development and investment in Industrial sector, the electric motor market will rise at 5.6% CAGR in 2021 and above 3.8% CAGR registered during 2016-2020.
Penetration of robotics and automation in the last decade, across a plethora of industry verticals encompassing electronics manufacturing, food & beverage industries, and automotive. Investments in smart factory automation, particularly in massive production plants, have been growing constantly. Increasing the adoption of automation and robotics technology, electric motor demand will be boosted in regard to its use in drive units. Growth rate of the electric motor market growth is thus expected to be in proportion to that of industrial automation and robotics.
Demand for electric motors is also set to be buoyed by the residential appliances segment wherein low-power capacity motors are primarily used. Electric motor market has been perceived as a high volume-high value market. Energy Association estimates, 40% of the total energy used in industries is consumed to drive electric motors in lieu of the same, with emphasis on promoting the use of high-efficiency motors.
Developed as well as developing countries are expected to usher in sound growth opportunities for the product via new units as well as replacement sales. Expansion of usage scope towards untapped end-use verticals is expected to augur the growth of electric motors on a long-term basis. Demand for electric motors will witness healthy growth with Industrial Robotics, Energy, Residential Appliances, and Municipal Water Utilities being the key growth enablers in the coming years.
What are the Prominent Drivers of the Electric Motor Market?
Expansion of the Municipal Water Treatment Market will Gradually Profit Electric Motor Sales
Robust rate of investments in civic infrastructure involving municipal water supply and wastewater treatment process will call for a hefty rate of pumps thus involving a proportionate rate of electric motors to be sold and installed with the electric motor market growth in the intermediate stages and clocking nearly double-digit growth rates in the next 5 years, new unit sales of electric motors will be highly sought.
Supporting factor for growth promotion is that electric motors and associated pumps for heavy-duty water supply processes are priced at a premium which will prove as a value proposition for the OEMs when coupled with installation and aftersales services.
Growth in Globalization and Growth of Carbon Emissions
An increase in globalization and growth in the level of emissions led by carbon and air pollution will continue to act as the main market in the growth driving factor of electric motors.
Growth in penetration of green vehicles in developing economies, i.e. boosting the focus on the technological advancements in electric motors and approaches of better insulation materials will further provoke the value of the market.
Growth in Research and Development is also Raising the Demand for Electric Motors Market
Growth in expenditure also undertakes proficiencies in research and development and an overall rise in the production of automobiles will further chisel out the way for the growth of the market.
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Regional Analysis
How will the Electric Motor Market Create an Opportunity in the United States?
Presence of the Attractive Market is Rising in the United States
North America is predicted to remain one of the most attractive markets during the forecast period which holds a share of 28.6% in the market according to Future Market Insights. United States is expected to be the dominant market in North America and reach US$ 40.4 billion by 2033 with a share of 17.8% in the market.
United States' highly developed end-use sectors are supporting the electric motor market growth where overall industrial spending grew at a rate of about 4.6 percent in 2019 than overall economic growth of 4.0 percent in the United States calculated by Gross Domestic Product (GDP), according to CMS' Office of the Actuary estimates.
United States is home to the most technically advanced industrial sector in the world, making it a lucrative market for electric motor manufacturers, as it exhibits high demand for robotics and automation for industrial as well as residential applications.
How is the Market of China Said to be leading the Electric Motors Market?
Well Developed Infrastructures in China make the Electric Motor Market the Leading
Demand in the China market is expected to rise at nearly 5.5% CAGR with a market share of 16.8% over the forecast period. China’s Industrial sector is backed by a well-developed infrastructure and it is largely supported by the government as it is not surprising that China has the most elevated level of expenditure across the globe.
China is recognized as a primary market and it is expected to continue exhibiting high demand for electric motors through the forecast period. Rising research activities, the presence of several major players, and the growing electric vehicle and Industrial sector are creating attractive opportunities for the electric motor market in the country.
How Much Growth can be seen in the Motor Market of Germany?
Cutting-edge Researchfor Addressing the Unmet Challenges as Constantly Investing in the German Market
Germany is one of the world’s top manufacturers of pharmaceuticals. Considering this, the demand for electric motors is expected to remain high in the country. By 2031, it is expected to account for over 25% of electric motor sales within Europe where the German market grows at a CAGR of 5.1%
Manufacturers in the country have a competitive advantage as they have access to cutting-edge research to address the unmet challenges as they are constantly investing in order to expand their operations, which is resulting in a more promising pipeline.
Why is the Demand for Electric Motors Market Rising in India?
Government Initiatives are leading the Market for Electric Motors in India
India will account for over 27% sales in the South Asian market. Government initiatives undertaken to give to impetus to industrial and automotive sectors are anticipated to complement industrial development in India, in turn supporting the expansion of the electric motor market growing at a CAGR of 3.6%.
Favorable policies implemented by the government of India to support production and sales of electric vehicles will fuel the demand for electric motor apart from this demand for pumps, drives, and general machinery.
Comparative Analysis of the Adjacent Markets
Electric Motor Market:
Attributes
Electric Motor Market
CAGR (2023 to 2033)
6.64%
Market Value 2023
US$ 132.8 billion
Growth Factor
Rise in adoption of industrial and automobile sectors.
Future Opportunities
Boost the adoption of vehicles to run on renewable sources
Market Trends
Increase in Urbanization promotes growth in the market
Conveyer System Market:
Attributes
Conveyer System Market
CAGR (2023 to 2033)
5.45%
Market Value 2023
US$ 6.4 billion
Growth Factor
Adoption of stringent government regulations and initiatives
Future Opportunities
Encouragement of end-users for incorporating industrial automotive solutions
Market Trends
Maximization of efficiency and cost saving automotive plants are being launched
Packaging Automation Market:
Attributes
Packaging Automation Market
CAGR (2023 to 2033)
8.05%
Market Value 2023
US$ 74.5US$ 3.4 billion
Growth Factor
Expeditious expansion in online retail sector
Future Opportunities
Growth in the financial and technical support is provided for the creation of automated laboratories
Market Trends
Huge expansion is found in the pharmaceutical sector for reconsidering the packaging market
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Category-wise Insights
Which Power Output in Electric Motor is Said to be Continuously Rising?
<1HP Power Output is said to Hold a Dominant Share
<1HP is the leading category and it is expected to account for 26% of the value share of the electric motor market. Reason behind demand is that this power output range witnesses maximum applications in various end-use industries. Moreover, these motors are cost-effective.
<1HP electric motors are expected to remain the top choice for many end users since they significantly reduce storage space and are considered to be suitable for diverse applications.
Which End User is Said to be Rising in Electric Motor Market?
Industrial sector is Said to Hold a Lucrative Portion in the Market.
Industrial sector is expected to hold the highest market share in electric motor market and is expected to reach at the market value of US$ 72.3 billion by 2033 which is growing at a CAGR of 4.22%
Primary reason behind sales in the industrial sector is the rapidly growing demand for automation across industries. Demand for time-saving and environment-friendly equipment has been increasing over the past few years which is increasing sales opportunities. Market is expected to gain from advent of the Industry 4.0 is major.
Which Product Type of Electric Motor is said to be Dominant?
AC Motor is Said to Have a Dominant Share
AC electric motor segment is estimated to hold for the dominant share of 25.4% owing to its advantages over DC motors as it requires less maintenance and has longer life cycle than DC motor. Also AC motors are typically thought to be more powerful than DC motors because they can create more torque with a higher current which is increasing its demand for various applications.
Which Application is Exhibiting a High Growth in the Market?
Robotics Segment is Said to Hold a High Position in the Market
Robotics segment is expected to exhibit a 5.9% CAGR in the global electric motor market through the assessment period. Increasing expenditure on technical developments and robotics imports for industrial production will aid the overall expansion of the segment.
Advancement in industrial production approaches in different nations like the United States and China has brought about improved cost-effectiveness for different production techniques as this has prompted more individuals to receive strategies for their production-specific technologies, therefore, has prompted a rise in demand for robotics.
Competitive Landscape
Some of the prominent players in the global market are-
Competition Deep Dive
Robert Bosch GmbH
Hitachi, Ltd.
Nidec Corporation
WEG S.A.
Siemens AG
ABB Group
Regal Beloit Corporation
Toshiba Corporation
Johnson Electric
Hyosung Corporation
Schneider Electric SE
Bonfiglioli Riduttori S.p.A.
Kirloskar Electric Company Ltd.
Allied Motion Technologies Inc.
East West Manufacturing, LLC
Hyundai Electric Co. Ltd.
Some of the important developments of the key players in the market are:
On January 24 2019, Bosch assumed full control of EM-motive, one of Europe’s most successful manufacturers of electric motors.
In August 2021, Nidec Corporation acquired stocks of Mitsubishi Heavy Industries Machine Tool Co., Ltd. and announced an outline for its new subsidiaries.
In February 2021, Johnson Electric launched the Low Voltage DC Motor Solutions for Smart Furniture. The LVDC motor solutions are designed for actuators used in smart recliners, height adjustable desks, hospital beds and other smart furniture products.
In May 2023, Hitachi Ltd. announced that Hitachi will transition its domestic power grids business into a new structure with Hitachi Energy for providing strong support for the early realization of a carbon-neutral society and the enhancement of resilient electricity network in Japan. Hitachi will also make the most of its expertise in the domestic market, as well as leading technologies and solutions based on Hitachi Energy's knowledge and experience in the global market, to contribute to Japan's Green Transformation (GX) by providing new values, such as improvision in the asset life cycle with the maintenance and services of the existing electricity network, and supporting flexibility, stability, and security of the power grids.
Report Scope
Report Attribute
Details
Growth Rate
CAGR of 6.64% from 2023 to 2033
Market value in 2023
US$ 132.8 billion
Market value in 2033
US$ 252.6 billion
Base Year for Estimation
2022
Historical Data
2018 to 2022
Forecast Period
2023 to 2033
Quantitative Units
US$ billion for Value and CAGR from 2023 to 2033
Report Coverage
Revenue Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends, and Pricing Analysis
Segments Covered
Power Output
Product Type
Application
End Use
Region
Regions Covered
North America
Latin America
Europe
South Asia
East Asia
Oceania
Middle East and Africa
Key Countries Profiled
United States
Canada
Brazil
Mexico
Germany
United Kingdom
France
Spain
Italy
China
Japan
South Korea
Singapore
Thailand
Indonesia
India
Australia
New Zealand
GCC countries
South Africa
Israel
Key Companies Profiled
General Electric
Robert Bosch GmbH
Hitachi Ltd.
Nidec Corporation
WEG S.A.
Siemens AG
ABB Group
Regal Beloit Corporation
Toshiba Corporation
Johnson Electric
Hyosung Corporation
Schneider Electric SE
Bonfiglioli Riduttori S.p.A.
Kirloskar Electric Company Ltd.
Allied Motion Technologies Inc.
East West Manufacturing, LLC
Hyundai Electric Co. Ltd.
Customization & Pricing
Available on Request
Electric Motor Market Key Segments
Power Output:
<1 HP
1-5 HP
5 – 10 HP
10 -20 HP
20 – 50 HP
50 – 100 HP
100 – 300 HP
300 – 500 HP
Above 500 HP
Product Type:
AC Motor
Induction Motor
Synchronous Motor
DC Motor
Brushed DC
Brushless DC
Application:
Pumps
Fans
Drives
Compressor
General Machinery
Centrifugal Machinery
Grinders
Extruders
Robotics
Others
End Use:
Industrial
Oil & Gas
Power Generation
Mining
Food & Beverages
Pulp & Paper
Chemicals
Air Separation Plant
Other Manufacturing
Residential
HVAC & Refrigeration
Medical
Municipal Water Treatment
Transportation
Automotive
Aviation
Electric Vehicles
Railways
Boats
Others
Region:
North America
Latin America
Europe
East Asia
South Asia
Oceania
Middle East and Africa
Frequently Asked Questions
Global electric motors market in 2033 is likely to be worth US$ 252.6 billion
The global electric motors market is expected to grow at a 6.64% CAGR during the forecast period 2023 to 2033
Sales of global electric motors market expanded at a CAGR of 5.43% from 2018 to 2022
The North American market for global electric motor market is likely to have a market share of 28.6%
The Unites States market for global electric motor market is likely to expand at a share of 17.8%
AC motors are expected to generate maximum demand for the global electric motor market.
Table of Content
1. Executive Summary
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
3.1. Market Dynamics
3.1.1. Drivers
3.1.2. Restraints
3.1.3. Opportunity
3.1.4. Trends
3.2. Scenario Forecast
3.2.1. Demand in Optimistic Scenario
3.2.2. Demand in Likely Scenario
3.2.3. Demand in Conservative Scenario
3.3. Opportunity Map Analysis
3.4. Product Life Cycle Analysis
3.5. Supply Chain Analysis
3.5.1. Supply Side Participants and their Roles
3.5.1.1. Producers
3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers)
3.5.1.3. Wholesalers and Distributors
3.5.2. Value Added and Value Created at Node in the Supply Chain
3.5.3. List of Raw Material Suppliers
3.5.4. List of Existing and Potential Buyer’s
3.6. Investment Feasibility Matrix
3.7. Value Chain Analysis
3.7.1. Profit Margin Analysis
3.7.2. Wholesalers and Distributors
3.7.3. Retailers
3.8. PESTLE and Porter’s Analysis
3.9. Regulatory Landscape
3.9.1. By Key Regions
3.9.2. By Key Countries
3.10. Regional Parent Market Outlook
3.11. Production and Consumption Statistics
3.12. Import and Export Statistics
4. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033
4.1. Historical Market Size Value (US$ Million) & Volume (Units) Analysis, 2018 to 2022
4.2. Current and Future Market Size Value (US$ Million) & Volume (Units) Projections, 2023 to 2033
4.2.1. Y-o-Y Growth Trend Analysis
4.2.2. Absolute $ Opportunity Analysis
5. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Power Output
5.1. Introduction / Key Findings
5.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Power Output, 2018 to 2022
5.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Power Output, 2023 to 2033
5.3.1. <1HP
5.3.2. 1-5HP
5.3.3. 5 – 10 HP
5.3.4. 10 -20 HP
5.3.5. 20 – 50 HP
5.3.6. 50 - 100HP
5.3.7. 100 – 300 HP
5.3.8. 300 - 500HP
5.3.9. Above 500HP
5.4. Y-o-Y Growth Trend Analysis By Power Output, 2018 to 2022
5.5. Absolute $ Opportunity Analysis By Power Output, 2023 to 2033
6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Product Type
6.1. Introduction / Key Findings
6.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Product Type, 2018 to 2022
6.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Product Type, 2023 to 2033
6.3.1. AC Motor
6.3.1.1. Induction Motor
6.3.1.2. Synchronous Motor
6.3.2. DC Motor
6.3.2.1. Brushed DC
6.3.2.2. Brushless DC
6.4. Y-o-Y Growth Trend Analysis By Product Type, 2018 to 2022
6.5. Absolute $ Opportunity Analysis By Product Type, 2023 to 2033
7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Application
7.1. Introduction / Key Findings
7.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Application, 2018 to 2022
7.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Application, 2023 to 2033
7.3.1. Pumps
7.3.2. Fans
7.3.3. Drives
7.3.4. Compressor
7.3.5. General Machinery
7.3.6. Centrifugal Machinery
7.3.7. Grinders
7.3.8. Extruders
7.3.9. Robotics
7.3.10. Others
7.4. Y-o-Y Growth Trend Analysis By Application, 2018 to 2022
7.5. Absolute $ Opportunity Analysis By Application, 2023 to 2033
8. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By End Use
8.1. Introduction / Key Findings
8.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By End Use, 2018 to 2022
8.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By End Use, 2023 to 2033
8.3.1. Industrial
8.3.1.1. Oil & Gas
8.3.1.2. Power Generation
8.3.1.3. Mining
8.3.1.4. Food & Beverages
8.3.1.5. Pulp & Paper
8.3.1.6. Chemicals
8.3.1.7. Air Separation Plant
8.3.1.8. Other Manufacturing
8.3.2. Residential
8.3.3. HVAC & Refrigeration
8.3.4. Medical
8.3.5. Municipal Water Treatment
8.3.6. Transportation
8.3.6.1. Automotive
8.3.6.2. Aviation
8.3.6.3. Electric vehicles
8.3.6.4. Railways
8.3.6.5. Boats
8.3.7. Others
8.4. Y-o-Y Growth Trend Analysis By End Use, 2018 to 2022
8.5. Absolute $ Opportunity Analysis By End Use, 2023 to 2033
9. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region
9.1. Introduction
9.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Region, 2018 to 2022
9.3. Current Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Region, 2023 to 2033
9.3.1. North America
9.3.2. Latin America
9.3.3. Europe
9.3.4. South Asia
9.3.5. East Asia
9.3.6. Oceania
9.3.7. MEA
9.4. Market Attractiveness Analysis By Region
10. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
10.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
10.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
10.2.1. By Country
10.2.1.1. U.S.
10.2.1.2. Canada
10.2.2. By Power Output
10.2.3. By Product Type
10.2.4. By Application
10.2.5. By End Use
10.3. Market Attractiveness Analysis
10.3.1. By Country
10.3.2. By Power Output
10.3.3. By Product Type
10.3.4. By Application
10.3.5. By End Use
10.4. Key Takeaways
11. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
11.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
11.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
11.2.1. By Country
11.2.1.1. Brazil
11.2.1.2. Mexico
11.2.1.3. Rest of Latin America
11.2.2. By Power Output
11.2.3. By Product Type
11.2.4. By Application
11.2.5. By End Use
11.3. Market Attractiveness Analysis
11.3.1. By Country
11.3.2. By Power Output
11.3.3. By Product Type
11.3.4. By Application
11.3.5. By End Use
11.4. Key Takeaways
12. Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
12.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
12.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
12.2.1. By Country
12.2.1.1. Germany
12.2.1.2. U.K.
12.2.1.3. France
12.2.1.4. Spain
12.2.1.5. Italy
12.2.1.6. Rest of Europe
12.2.2. By Power Output
12.2.3. By Product Type
12.2.4. By Application
12.2.5. By End Use
12.3. Market Attractiveness Analysis
12.3.1. By Country
12.3.2. By Power Output
12.3.3. By Product Type
12.3.4. By Application
12.3.5. By End Use
12.4. Key Takeaways
13. South Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
13.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
13.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
13.2.1. By Country
13.2.1.1. India
13.2.1.2. Malaysia
13.2.1.3. Singapore
13.2.1.4. Thailand
13.2.1.5. Rest of South Asia
13.2.2. By Power Output
13.2.3. By Product Type
13.2.4. By Application
13.2.5. By End Use
13.3. Market Attractiveness Analysis
13.3.1. By Country
13.3.2. By Power Output
13.3.3. By Product Type
13.3.4. By Application
13.3.5. By End Use
13.4. Key Takeaways
14. East Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
14.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
14.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
14.2.1. By Country
14.2.1.1. China
14.2.1.2. Japan
14.2.1.3. South Korea
14.2.2. By Power Output
14.2.3. By Product Type
14.2.4. By Application
14.2.5. By End Use
14.3. Market Attractiveness Analysis
14.3.1. By Country
14.3.2. By Power Output
14.3.3. By Product Type
14.3.4. By Application
14.3.5. By End Use
14.4. Key Takeaways
15. Oceania Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
15.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
15.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
15.2.1. By Country
15.2.1.1. Australia
15.2.1.2. New Zealand
15.2.2. By Power Output
15.2.3. By Product Type
15.2.4. By Application
15.2.5. By End Use
15.3. Market Attractiveness Analysis
15.3.1. By Country
15.3.2. By Power Output
15.3.3. By Product Type
15.3.4. By Application
15.3.5. By End Use
15.4. Key Takeaways
16. MEA Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
16.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
16.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
16.2.1. By Country
16.2.1.1. GCC Countries
16.2.1.2. South Africa
16.2.1.3. Israel
16.2.1.4. Rest of MEA
16.2.2. By Power Output
16.2.3. By Product Type
16.2.4. By Application
16.2.5. By End Use
16.3. Market Attractiveness Analysis
16.3.1. By Country
16.3.2. By Power Output
16.3.3. By Product Type
16.3.4. By Application
16.3.5. By End Use
16.4. Key Takeaways
17. Key Countries Market Analysis
17.1. U.S.
17.1.1. Pricing Analysis
17.1.2. Market Share Analysis, 2022
17.1.2.1. By Power Output
17.1.2.2. By Product Type
17.1.2.3. By Application
17.1.2.4. By End Use
17.2. Canada
17.2.1. Pricing Analysis
17.2.2. Market Share Analysis, 2022
17.2.2.1. By Power Output
17.2.2.2. By Product Type
17.2.2.3. By Application
17.2.2.4. By End Use
17.3. Brazil
17.3.1. Pricing Analysis
17.3.2. Market Share Analysis, 2022
17.3.2.1. By Power Output
17.3.2.2. By Product Type
17.3.2.3. By Application
17.3.2.4. By End Use
17.4. Mexico
17.4.1. Pricing Analysis
17.4.2. Market Share Analysis, 2022
17.4.2.1. By Power Output
17.4.2.2. By Product Type
17.4.2.3. By Application
17.4.2.4. By End Use
17.5. Germany
17.5.1. Pricing Analysis
17.5.2. Market Share Analysis, 2022
17.5.2.1. By Power Output
17.5.2.2. By Product Type
17.5.2.3. By Application
17.5.2.4. By End Use
17.6. U.K.
17.6.1. Pricing Analysis
17.6.2. Market Share Analysis, 2022
17.6.2.1. By Power Output
17.6.2.2. By Product Type
17.6.2.3. By Application
17.6.2.4. By End Use
17.7. France
17.7.1. Pricing Analysis
17.7.2. Market Share Analysis, 2022
17.7.2.1. By Power Output
17.7.2.2. By Product Type
17.7.2.3. By Application
17.7.2.4. By End Use
17.8. Spain
17.8.1. Pricing Analysis
17.8.2. Market Share Analysis, 2022
17.8.2.1. By Power Output
17.8.2.2. By Product Type
17.8.2.3. By Application
17.8.2.4. By End Use
17.9. Italy
17.9.1. Pricing Analysis
17.9.2. Market Share Analysis, 2022
17.9.2.1. By Power Output
17.9.2.2. By Product Type
17.9.2.3. By Application
17.9.2.4. By End Use
17.10. China
17.10.1. Pricing Analysis
17.10.2. Market Share Analysis, 2022
17.10.2.1. By Power Output
17.10.2.2. By Product Type
17.10.2.3. By Application
17.10.2.4. By End Use
17.11. Japan
17.11.1. Pricing Analysis
17.11.2. Market Share Analysis, 2022
17.11.2.1. By Power Output
17.11.2.2. By Product Type
17.11.2.3. By Application
17.11.2.4. By End Use
17.12. South Korea
17.12.1. Pricing Analysis
17.12.2. Market Share Analysis, 2022
17.12.2.1. By Power Output
17.12.2.2. By Product Type
17.12.2.3. By Application
17.12.2.4. By End Use
17.13. Singapore
17.13.1. Pricing Analysis
17.13.2. Market Share Analysis, 2022
17.13.2.1. By Power Output
17.13.2.2. By Product Type
17.13.2.3. By Application
17.13.2.4. By End Use
17.14. Thailand
17.14.1. Pricing Analysis
17.14.2. Market Share Analysis, 2022
17.14.2.1. By Power Output
17.14.2.2. By Product Type
17.14.2.3. By Application
17.14.2.4. By End Use
17.15. Indonesia
17.15.1. Pricing Analysis
17.15.2. Market Share Analysis, 2022
17.15.2.1. By Power Output
17.15.2.2. By Product Type
17.15.2.3. By Application
17.15.2.4. By End Use
17.16. Australia
17.16.1. Pricing Analysis
17.16.2. Market Share Analysis, 2022
17.16.2.1. By Power Output
17.16.2.2. By Product Type
17.16.2.3. By Application
17.16.2.4. By End Use
17.17. New Zealand
17.17.1. Pricing Analysis
17.17.2. Market Share Analysis, 2022
17.17.2.1. By Power Output
17.17.2.2. By Product Type
17.17.2.3. By Application
17.17.2.4. By End Use
17.18. GCC Countries
17.18.1. Pricing Analysis
17.18.2. Market Share Analysis, 2022
17.18.2.1. By Power Output
17.18.2.2. By Product Type
17.18.2.3. By Application
17.18.2.4. By End Use
17.19. South Africa
17.19.1. Pricing Analysis
17.19.2. Market Share Analysis, 2022
17.19.2.1. By Power Output
17.19.2.2. By Product Type
17.19.2.3. By Application
17.19.2.4. By End Use
17.20. Israel
17.20.1. Pricing Analysis
17.20.2. Market Share Analysis, 2022
17.20.2.1. By Power Output
17.20.2.2. By Product Type
17.20.2.3. By Application
17.20.2.4. By End Use
18. Market Structure Analysis
18.1. Competition Dashboard
18.2. Competition Benchmarking
18.3. Market Share Analysis of Top Players
18.3.1. By Regional
18.3.2. By Power Output
18.3.3. By Product Type
18.3.4. By Application
18.3.5. By End Use
19. Competition Analysis
19.1. Competition Deep Dive
19.1.1. General Electric
19.1.1.1. Overview
19.1.1.2. Product Portfolio
19.1.1.3. Profitability by Market Segments
19.1.1.4. Sales Footprint
19.1.1.5. Strategy Overview
19.1.1.5.1. Marketing Strategy
19.1.1.5.2. Product Strategy
19.1.1.5.3. Channel Strategy
19.1.2. Robert Bosch GmbH
19.1.2.1. Overview
19.1.2.2. Product Portfolio
19.1.2.3. Profitability by Market Segments
19.1.2.4. Sales Footprint
19.1.2.5. Strategy Overview
19.1.2.5.1. Marketing Strategy
19.1.2.5.2. Product Strategy
19.1.2.5.3. Channel Strategy
19.1.3. Hitachi, Ltd.
19.1.3.1. Overview
19.1.3.2. Product Portfolio
19.1.3.3. Profitability by Market Segments
19.1.3.4. Sales Footprint
19.1.3.5. Strategy Overview
19.1.3.5.1. Marketing Strategy
19.1.3.5.2. Product Strategy
19.1.3.5.3. Channel Strategy
19.1.4. Nidec Corporation
19.1.4.1. Overview
19.1.4.2. Product Portfolio
19.1.4.3. Profitability by Market Segments
19.1.4.4. Sales Footprint
19.1.4.5. Strategy Overview
19.1.4.5.1. Marketing Strategy
19.1.4.5.2. Product Strategy
19.1.4.5.3. Channel Strategy
19.1.5. WEG S.A.
19.1.5.1. Overview
19.1.5.2. Product Portfolio
19.1.5.3. Profitability by Market Segments
19.1.5.4. Sales Footprint
19.1.5.5. Strategy Overview
19.1.5.5.1. Marketing Strategy
19.1.5.5.2. Product Strategy
19.1.5.5.3. Channel Strategy
19.1.6. Siemens AG
19.1.6.1. Overview
19.1.6.2. Product Portfolio
19.1.6.3. Profitability by Market Segments
19.1.6.4. Sales Footprint
19.1.6.5. Strategy Overview
19.1.6.5.1. Marketing Strategy
19.1.6.5.2. Product Strategy
19.1.6.5.3. Channel Strategy
19.1.7. ABB Group
19.1.7.1. Overview
19.1.7.2. Product Portfolio
19.1.7.3. Profitability by Market Segments
19.1.7.4. Sales Footprint
19.1.7.5. Strategy Overview
19.1.7.5.1. Marketing Strategy
19.1.7.5.2. Product Strategy
19.1.7.5.3. Channel Strategy
19.1.8. Regal Beloit Corporation
19.1.8.1. Overview
19.1.8.2. Product Portfolio
19.1.8.3. Profitability by Market Segments
19.1.8.4. Sales Footprint
19.1.8.5. Strategy Overview
19.1.8.5.1. Marketing Strategy
19.1.8.5.2. Product Strategy
19.1.8.5.3. Channel Strategy
19.1.9. Toshiba Corporation
19.1.9.1. Overview
19.1.9.2. Product Portfolio
19.1.9.3. Profitability by Market Segments
19.1.9.4. Sales Footprint
19.1.9.5. Strategy Overview
19.1.9.5.1. Marketing Strategy
19.1.9.5.2. Product Strategy
19.1.9.5.3. Channel Strategy
19.1.10. Johnson Electric
19.1.10.1. Overview
19.1.10.2. Product Portfolio
19.1.10.3. Profitability by Market Segments
19.1.10.4. Sales Footprint
19.1.10.5. Strategy Overview
19.1.10.5.1. Marketing Strategy
19.1.10.5.2. Product Strategy
19.1.10.5.3. Channel Strategy
19.1.11. Hyosung Corporation
19.1.11.1. Overview
19.1.11.2. Product Portfolio
19.1.11.3. Profitability by Market Segments
19.1.11.4. Sales Footprint
19.1.11.5. Strategy Overview
19.1.11.5.1. Marketing Strategy
19.1.11.5.2. Product Strategy
19.1.11.5.3. Channel Strategy
19.1.12. Schneider Electric SE
19.1.12.1. Overview
19.1.12.2. Product Portfolio
19.1.12.3. Profitability by Market Segments
19.1.12.4. Sales Footprint
19.1.12.5. Strategy Overview
19.1.12.5.1. Marketing Strategy
19.1.12.5.2. Product Strategy
19.1.12.5.3. Channel Strategy
19.1.13. Bonfiglioli Riduttori S.p.A.
19.1.13.1. Overview
19.1.13.2. Product Portfolio
19.1.13.3. Profitability by Market Segments
19.1.13.4. Sales Footprint
19.1.13.5. Strategy Overview
19.1.13.5.1. Marketing Strategy
19.1.13.5.2. Product Strategy
19.1.13.5.3. Channel Strategy
19.1.14. Kirloskar Electric Company Ltd.
19.1.14.1. Overview
19.1.14.2. Product Portfolio
19.1.14.3. Profitability by Market Segments
19.1.14.4. Sales Footprint
19.1.14.5. Strategy Overview
19.1.14.5.1. Marketing Strategy
19.1.14.5.2. Product Strategy
19.1.14.5.3. Channel Strategy
19.1.15. Allied Motion Technologies Inc.
19.1.15.1. Overview
19.1.15.2. Product Portfolio
19.1.15.3. Profitability by Market Segments
19.1.15.4. Sales Footprint
19.1.15.5. Strategy Overview
19.1.15.5.1. Marketing Strategy
19.1.15.5.2. Product Strategy
19.1.15.5.3. Channel Strategy
19.1.16. East West Manufacturing, LLC
19.1.16.1. Overview
19.1.16.2. Product Portfolio
19.1.16.3. Profitability by Market Segments
19.1.16.4. Sales Footprint
19.1.16.5. Strategy Overview
19.1.16.5.1. Marketing Strategy
19.1.16.5.2. Product Strategy
19.1.16.5.3. Channel Strategy
19.1.17. Hyundai Electric Co. Ltd.
19.1.17.1. Overview
19.1.17.2. Product Portfolio
19.1.17.3. Profitability by Market Segments
19.1.17.4. Sales Footprint
19.1.17.5. Strategy Overview
19.1.17.5.1. Marketing Strategy
19.1.17.5.2. Product Strategy
19.1.17.5.3. Channel Strategy
20. Assumptions & Acronyms Used21. Research Methodology
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List of Tables
Table 1: Global Market Value (US$ Million) Forecast by Region, 2018 to 2033
Table 2: Global Market Volume (Units) Forecast by Region, 2018 to 2033
Table 3: Global Market Value (US$ Million) Forecast by Power Output, 2018 to 2033
Table 4: Global Market Volume (Units) Forecast by Power Output, 2018 to 2033
Table 5: Global Market Value (US$ Million) Forecast by Product Type, 2018 to 2033
Table 6: Global Market Volume (Units) Forecast by Product Type, 2018 to 2033
Table 7: Global Market Value (US$ Million) Forecast by Application, 2018 to 2033
Table 8: Global Market Volume (Units) Forecast by Application, 2018 to 2033
Table 9: Global Market Value (US$ Million) Forecast by End Use, 2018 to 2033
Table 10: Global Market Volume (Units) Forecast by End Use, 2018 to 2033
Table 11: North America Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 12: North America Market Volume (Units) Forecast by Country, 2018 to 2033
Table 13: North America Market Value (US$ Million) Forecast by Power Output, 2018 to 2033
Table 14: North America Market Volume (Units) Forecast by Power Output, 2018 to 2033
Table 15: North America Market Value (US$ Million) Forecast by Product Type, 2018 to 2033
Table 16: North America Market Volume (Units) Forecast by Product Type, 2018 to 2033
Table 17: North America Market Value (US$ Million) Forecast by Application, 2018 to 2033
Table 18: North America Market Volume (Units) Forecast by Application, 2018 to 2033
Table 19: North America Market Value (US$ Million) Forecast by End Use, 2018 to 2033
Table 20: North America Market Volume (Units) Forecast by End Use, 2018 to 2033
Table 21: Latin America Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 22: Latin America Market Volume (Units) Forecast by Country, 2018 to 2033
Table 23: Latin America Market Value (US$ Million) Forecast by Power Output, 2018 to 2033
Table 24: Latin America Market Volume (Units) Forecast by Power Output, 2018 to 2033
Table 25: Latin America Market Value (US$ Million) Forecast by Product Type, 2018 to 2033
Table 26: Latin America Market Volume (Units) Forecast by Product Type, 2018 to 2033
Table 27: Latin America Market Value (US$ Million) Forecast by Application, 2018 to 2033
Table 28: Latin America Market Volume (Units) Forecast by Application, 2018 to 2033
Table 29: Latin America Market Value (US$ Million) Forecast by End Use, 2018 to 2033
Table 30: Latin America Market Volume (Units) Forecast by End Use, 2018 to 2033
Table 31: Europe Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 32: Europe Market Volume (Units) Forecast by Country, 2018 to 2033
Table 33: Europe Market Value (US$ Million) Forecast by Power Output, 2018 to 2033
Table 34: Europe Market Volume (Units) Forecast by Power Output, 2018 to 2033
Table 35: Europe Market Value (US$ Million) Forecast by Product Type, 2018 to 2033
Table 36: Europe Market Volume (Units) Forecast by Product Type, 2018 to 2033
Table 37: Europe Market Value (US$ Million) Forecast by Application, 2018 to 2033
Table 38: Europe Market Volume (Units) Forecast by Application, 2018 to 2033
Table 39: Europe Market Value (US$ Million) Forecast by End Use, 2018 to 2033
Table 40: Europe Market Volume (Units) Forecast by End Use, 2018 to 2033
Table 41: South Asia Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 42: South Asia Market Volume (Units) Forecast by Country, 2018 to 2033
Table 43: South Asia Market Value (US$ Million) Forecast by Power Output, 2018 to 2033
Table 44: South Asia Market Volume (Units) Forecast by Power Output, 2018 to 2033
Table 45: South Asia Market Value (US$ Million) Forecast by Product Type, 2018 to 2033
Table 46: South Asia Market Volume (Units) Forecast by Product Type, 2018 to 2033
Table 47: South Asia Market Value (US$ Million) Forecast by Application, 2018 to 2033
Table 48: South Asia Market Volume (Units) Forecast by Application, 2018 to 2033
Table 49: South Asia Market Value (US$ Million) Forecast by End Use, 2018 to 2033
Table 50: South Asia Market Volume (Units) Forecast by End Use, 2018 to 2033
Table 51: East Asia Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 52: East Asia Market Volume (Units) Forecast by Country, 2018 to 2033
Table 53: East Asia Market Value (US$ Million) Forecast by Power Output, 2018 to 2033
Table 54: East Asia Market Volume (Units) Forecast by Power Output, 2018 to 2033
Table 55: East Asia Market Value (US$ Million) Forecast by Product Type, 2018 to 2033
Table 56: East Asia Market Volume (Units) Forecast by Product Type, 2018 to 2033
Table 57: East Asia Market Value (US$ Million) Forecast by Application, 2018 to 2033
Table 58: East Asia Market Volume (Units) Forecast by Application, 2018 to 2033
Table 59: East Asia Market Value (US$ Million) Forecast by End Use, 2018 to 2033
Table 60: East Asia Market Volume (Units) Forecast by End Use, 2018 to 2033
Table 61: Oceania Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 62: Oceania Market Volume (Units) Forecast by Country, 2018 to 2033
Table 63: Oceania Market Value (US$ Million) Forecast by Power Output, 2018 to 2033
Table 64: Oceania Market Volume (Units) Forecast by Power Output, 2018 to 2033
Table 65: Oceania Market Value (US$ Million) Forecast by Product Type, 2018 to 2033
Table 66: Oceania Market Volume (Units) Forecast by Product Type, 2018 to 2033
Table 67: Oceania Market Value (US$ Million) Forecast by Application, 2018 to 2033
Table 68: Oceania Market Volume (Units) Forecast by Application, 2018 to 2033
Table 69: Oceania Market Value (US$ Million) Forecast by End Use, 2018 to 2033
Table 70: Oceania Market Volume (Units) Forecast by End Use, 2018 to 2033
Table 71: MEA Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 72: MEA Market Volume (Units) Forecast by Country, 2018 to 2033
Table 73: MEA Market Value (US$ Million) Forecast by Power Output, 2018 to 2033
Table 74: MEA Market Volume (Units) Forecast by Power Output, 2018 to 2033
Table 75: MEA Market Value (US$ Million) Forecast by Product Type, 2018 to 2033
Table 76: MEA Market Volume (Units) Forecast by Product Type, 2018 to 2033
Table 77: MEA Market Value (US$ Million) Forecast by Application, 2018 to 2033
Table 78: MEA Market Volume (Units) Forecast by Application, 2018 to 2033
Table 79: MEA Market Value (US$ Million) Forecast by End Use, 2018 to 2033
Table 80: MEA Market Volume (Units) Forecast by End Use, 2018 to 2033
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List of Charts
Figure 1: Global Market Value (US$ Million) by Power Output, 2023 to 2033
Figure 2: Global Market Value (US$ Million) by Product Type, 2023 to 2033
Figure 3: Global Market Value (US$ Million) by Application, 2023 to 2033
Figure 4: Global Market Value (US$ Million) by End Use, 2023 to 2033
Figure 5: Global Market Value (US$ Million) by Region, 2023 to 2033
Figure 6: Global Market Value (US$ Million) Analysis by Region, 2018 to 2033
Figure 7: Global Market Volume (Units) Analysis by Region, 2018 to 2033
Figure 8: Global Market Value Share (%) and BPS Analysis by Region, 2023 to 2033
Figure 9: Global Market Y-o-Y Growth (%) Projections by Region, 2023 to 2033
Figure 10: Global Market Value (US$ Million) Analysis by Power Output, 2018 to 2033
Figure 11: Global Market Volume (Units) Analysis by Power Output, 2018 to 2033
Figure 12: Global Market Value Share (%) and BPS Analysis by Power Output, 2023 to 2033
Figure 13: Global Market Y-o-Y Growth (%) Projections by Power Output, 2023 to 2033
Figure 14: Global Market Value (US$ Million) Analysis by Product Type, 2018 to 2033
Figure 15: Global Market Volume (Units) Analysis by Product Type, 2018 to 2033
Figure 16: Global Market Value Share (%) and BPS Analysis by Product Type, 2023 to 2033
Figure 17: Global Market Y-o-Y Growth (%) Projections by Product Type, 2023 to 2033
Figure 18: Global Market Value (US$ Million) Analysis by Application, 2018 to 2033
Figure 19: Global Market Volume (Units) Analysis by Application, 2018 to 2033
Figure 20: Global Market Value Share (%) and BPS Analysis by Application, 2023 to 2033
Figure 21: Global Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033
Figure 22: Global Market Value (US$ Million) Analysis by End Use, 2018 to 2033
Figure 23: Global Market Volume (Units) Analysis by End Use, 2018 to 2033
Figure 24: Global Market Value Share (%) and BPS Analysis by End Use, 2023 to 2033
Figure 25: Global Market Y-o-Y Growth (%) Projections by End Use, 2023 to 2033
Figure 26: Global Market Attractiveness by Power Output, 2023 to 2033
Figure 27: Global Market Attractiveness by Product Type, 2023 to 2033
Figure 28: Global Market Attractiveness by Application, 2023 to 2033
Figure 29: Global Market Attractiveness by End Use, 2023 to 2033
Figure 30: Global Market Attractiveness by Region, 2023 to 2033
Figure 31: North America Market Value (US$ Million) by Power Output, 2023 to 2033
Figure 32: North America Market Value (US$ Million) by Product Type, 2023 to 2033
Figure 33: North America Market Value (US$ Million) by Application, 2023 to 2033
Figure 34: North America Market Value (US$ Million) by End Use, 2023 to 2033
Figure 35: North America Market Value (US$ Million) by Country, 2023 to 2033
Figure 36: North America Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 37: North America Market Volume (Units) Analysis by Country, 2018 to 2033
Figure 38: North America Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 39: North America Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 40: North America Market Value (US$ Million) Analysis by Power Output, 2018 to 2033
Figure 41: North America Market Volume (Units) Analysis by Power Output, 2018 to 2033
Figure 42: North America Market Value Share (%) and BPS Analysis by Power Output, 2023 to 2033
Figure 43: North America Market Y-o-Y Growth (%) Projections by Power Output, 2023 to 2033
Figure 44: North America Market Value (US$ Million) Analysis by Product Type, 2018 to 2033
Figure 45: North America Market Volume (Units) Analysis by Product Type, 2018 to 2033
Figure 46: North America Market Value Share (%) and BPS Analysis by Product Type, 2023 to 2033
Figure 47: North America Market Y-o-Y Growth (%) Projections by Product Type, 2023 to 2033
Figure 48: North America Market Value (US$ Million) Analysis by Application, 2018 to 2033
Figure 49: North America Market Volume (Units) Analysis by Application, 2018 to 2033
Figure 50: North America Market Value Share (%) and BPS Analysis by Application, 2023 to 2033
Figure 51: North America Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033
Figure 52: North America Market Value (US$ Million) Analysis by End Use, 2018 to 2033
Figure 53: North America Market Volume (Units) Analysis by End Use, 2018 to 2033
Figure 54: North America Market Value Share (%) and BPS Analysis by End Use, 2023 to 2033
Figure 55: North America Market Y-o-Y Growth (%) Projections by End Use, 2023 to 2033
Figure 56: North America Market Attractiveness by Power Output, 2023 to 2033
Figure 57: North America Market Attractiveness by Product Type, 2023 to 2033
Figure 58: North America Market Attractiveness by Application, 2023 to 2033
Figure 59: North America Market Attractiveness by End Use, 2023 to 2033
Figure 60: North America Market Attractiveness by Country, 2023 to 2033
Figure 61: Latin America Market Value (US$ Million) by Power Output, 2023 to 2033
Figure 62: Latin America Market Value (US$ Million) by Product Type, 2023 to 2033
Figure 63: Latin America Market Value (US$ Million) by Application, 2023 to 2033
Figure 64: Latin America Market Value (US$ Million) by End Use, 2023 to 2033
Figure 65: Latin America Market Value (US$ Million) by Country, 2023 to 2033
Figure 66: Latin America Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 67: Latin America Market Volume (Units) Analysis by Country, 2018 to 2033
Figure 68: Latin America Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 69: Latin America Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 70: Latin America Market Value (US$ Million) Analysis by Power Output, 2018 to 2033
Figure 71: Latin America Market Volume (Units) Analysis by Power Output, 2018 to 2033
Figure 72: Latin America Market Value Share (%) and BPS Analysis by Power Output, 2023 to 2033
Figure 73: Latin America Market Y-o-Y Growth (%) Projections by Power Output, 2023 to 2033
Figure 74: Latin America Market Value (US$ Million) Analysis by Product Type, 2018 to 2033
Figure 75: Latin America Market Volume (Units) Analysis by Product Type, 2018 to 2033
Figure 76: Latin America Market Value Share (%) and BPS Analysis by Product Type, 2023 to 2033
Figure 77: Latin America Market Y-o-Y Growth (%) Projections by Product Type, 2023 to 2033
Figure 78: Latin America Market Value (US$ Million) Analysis by Application, 2018 to 2033
Figure 79: Latin America Market Volume (Units) Analysis by Application, 2018 to 2033
Figure 80: Latin America Market Value Share (%) and BPS Analysis by Application, 2023 to 2033
Figure 81: Latin America Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033
Figure 82: Latin America Market Value (US$ Million) Analysis by End Use, 2018 to 2033
Figure 83: Latin America Market Volume (Units) Analysis by End Use, 2018 to 2033
Figure 84: Latin America Market Value Share (%) and BPS Analysis by End Use, 2023 to 2033
Figure 85: Latin America Market Y-o-Y Growth (%) Projections by End Use, 2023 to 2033
Figure 86: Latin America Market Attractiveness by Power Output, 2023 to 2033
Figure 87: Latin America Market Attractiveness by Product Type, 2023 to 2033
Figure 88: Latin America Market Attractiveness by Application, 2023 to 2033
Figure 89: Latin America Market Attractiveness by End Use, 2023 to 2033
Figure 90: Latin America Market Attractiveness by Country, 2023 to 2033
Figure 91: Europe Market Value (US$ Million) by Power Output, 2023 to 2033
Figure 92: Europe Market Value (US$ Million) by Product Type, 2023 to 2033
Figure 93: Europe Market Value (US$ Million) by Application, 2023 to 2033
Figure 94: Europe Market Value (US$ Million) by End Use, 2023 to 2033
Figure 95: Europe Market Value (US$ Million) by Country, 2023 to 2033
Figure 96: Europe Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 97: Europe Market Volume (Units) Analysis by Country, 2018 to 2033
Figure 98: Europe Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 99: Europe Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 100: Europe Market Value (US$ Million) Analysis by Power Output, 2018 to 2033
Figure 101: Europe Market Volume (Units) Analysis by Power Output, 2018 to 2033
Figure 102: Europe Market Value Share (%) and BPS Analysis by Power Output, 2023 to 2033
Figure 103: Europe Market Y-o-Y Growth (%) Projections by Power Output, 2023 to 2033
Figure 104: Europe Market Value (US$ Million) Analysis by Product Type, 2018 to 2033
Figure 105: Europe Market Volume (Units) Analysis by Product Type, 2018 to 2033
Figure 106: Europe Market Value Share (%) and BPS Analysis by Product Type, 2023 to 2033
Figure 107: Europe Market Y-o-Y Growth (%) Projections by Product Type, 2023 to 2033
Figure 108: Europe Market Value (US$ Million) Analysis by Application, 2018 to 2033
Figure 109: Europe Market Volume (Units) Analysis by Application, 2018 to 2033
Figure 110: Europe Market Value Share (%) and BPS Analysis by Application, 2023 to 2033
Figure 111: Europe Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033
Figure 112: Europe Market Value (US$ Million) Analysis by End Use, 2018 to 2033
Figure 113: Europe Market Volume (Units) Analysis by End Use, 2018 to 2033
Figure 114: Europe Market Value Share (%) and BPS Analysis by End Use, 2023 to 2033
Figure 115: Europe Market Y-o-Y Growth (%) Projections by End Use, 2023 to 2033
Figure 116: Europe Market Attractiveness by Power Output, 2023 to 2033
Figure 117: Europe Market Attractiveness by Product Type, 2023 to 2033
Figure 118: Europe Market Attractiveness by Application, 2023 to 2033
Figure 119: Europe Market Attractiveness by End Use, 2023 to 2033
Figure 120: Europe Market Attractiveness by Country, 2023 to 2033
Figure 121: South Asia Market Value (US$ Million) by Power Output, 2023 to 2033
Figure 122: South Asia Market Value (US$ Million) by Product Type, 2023 to 2033
Figure 123: South Asia Market Value (US$ Million) by Application, 2023 to 2033
Figure 124: South Asia Market Value (US$ Million) by End Use, 2023 to 2033
Figure 125: South Asia Market Value (US$ Million) by Country, 2023 to 2033
Figure 126: South Asia Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 127: South Asia Market Volume (Units) Analysis by Country, 2018 to 2033
Figure 128: South Asia Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 129: South Asia Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 130: South Asia Market Value (US$ Million) Analysis by Power Output, 2018 to 2033
Figure 131: South Asia Market Volume (Units) Analysis by Power Output, 2018 to 2033
Figure 132: South Asia Market Value Share (%) and BPS Analysis by Power Output, 2023 to 2033
Figure 133: South Asia Market Y-o-Y Growth (%) Projections by Power Output, 2023 to 2033
Figure 134: South Asia Market Value (US$ Million) Analysis by Product Type, 2018 to 2033
Figure 135: South Asia Market Volume (Units) Analysis by Product Type, 2018 to 2033
Figure 136: South Asia Market Value Share (%) and BPS Analysis by Product Type, 2023 to 2033
Figure 137: South Asia Market Y-o-Y Growth (%) Projections by Product Type, 2023 to 2033
Figure 138: South Asia Market Value (US$ Million) Analysis by Application, 2018 to 2033
Figure 139: South Asia Market Volume (Units) Analysis by Application, 2018 to 2033
Figure 140: South Asia Market Value Share (%) and BPS Analysis by Application, 2023 to 2033
Figure 141: South Asia Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033
Figure 142: South Asia Market Value (US$ Million) Analysis by End Use, 2018 to 2033
Figure 143: South Asia Market Volume (Units) Analysis by End Use, 2018 to 2033
Figure 144: South Asia Market Value Share (%) and BPS Analysis by End Use, 2023 to 2033
Figure 145: South Asia Market Y-o-Y Growth (%) Projections by End Use, 2023 to 2033
Figure 146: South Asia Market Attractiveness by Power Output, 2023 to 2033
Figure 147: South Asia Market Attractiveness by Product Type, 2023 to 2033
Figure 148: South Asia Market Attractiveness by Application, 2023 to 2033
Figure 149: South Asia Market Attractiveness by End Use, 2023 to 2033
Figure 150: South Asia Market Attractiveness by Country, 2023 to 2033
Figure 151: East Asia Market Value (US$ Million) by Power Output, 2023 to 2033
Figure 152: East Asia Market Value (US$ Million) by Product Type, 2023 to 2033
Figure 153: East Asia Market Value (US$ Million) by Application, 2023 to 2033
Figure 154: East Asia Market Value (US$ Million) by End Use, 2023 to 2033
Figure 155: East Asia Market Value (US$ Million) by Country, 2023 to 2033
Figure 156: East Asia Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 157: East Asia Market Volume (Units) Analysis by Country, 2018 to 2033
Figure 158: East Asia Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 159: East Asia Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 160: East Asia Market Value (US$ Million) Analysis by Power Output, 2018 to 2033
Figure 161: East Asia Market Volume (Units) Analysis by Power Output, 2018 to 2033
Figure 162: East Asia Market Value Share (%) and BPS Analysis by Power Output, 2023 to 2033
Figure 163: East Asia Market Y-o-Y Growth (%) Projections by Power Output, 2023 to 2033
Figure 164: East Asia Market Value (US$ Million) Analysis by Product Type, 2018 to 2033
Figure 165: East Asia Market Volume (Units) Analysis by Product Type, 2018 to 2033
Figure 166: East Asia Market Value Share (%) and BPS Analysis by Product Type, 2023 to 2033
Figure 167: East Asia Market Y-o-Y Growth (%) Projections by Product Type, 2023 to 2033
Figure 168: East Asia Market Value (US$ Million) Analysis by Application, 2018 to 2033
Figure 169: East Asia Market Volume (Units) Analysis by Application, 2018 to 2033
Figure 170: East Asia Market Value Share (%) and BPS Analysis by Application, 2023 to 2033
Figure 171: East Asia Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033
Figure 172: East Asia Market Value (US$ Million) Analysis by End Use, 2018 to 2033
Figure 173: East Asia Market Volume (Units) Analysis by End Use, 2018 to 2033
Figure 174: East Asia Market Value Share (%) and BPS Analysis by End Use, 2023 to 2033
Figure 175: East Asia Market Y-o-Y Growth (%) Projections by End Use, 2023 to 2033
Figure 176: East Asia Market Attractiveness by Power Output, 2023 to 2033
Figure 177: East Asia Market Attractiveness by Product Type, 2023 to 2033
Figure 178: East Asia Market Attractiveness by Application, 2023 to 2033
Figure 179: East Asia Market Attractiveness by End Use, 2023 to 2033
Figure 180: East Asia Market Attractiveness by Country, 2023 to 2033
Figure 181: Oceania Market Value (US$ Million) by Power Output, 2023 to 2033
Figure 182: Oceania Market Value (US$ Million) by Product Type, 2023 to 2033
Figure 183: Oceania Market Value (US$ Million) by Application, 2023 to 2033
Figure 184: Oceania Market Value (US$ Million) by End Use, 2023 to 2033
Figure 185: Oceania Market Value (US$ Million) by Country, 2023 to 2033
Figure 186: Oceania Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 187: Oceania Market Volume (Units) Analysis by Country, 2018 to 2033
Figure 188: Oceania Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 189: Oceania Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 190: Oceania Market Value (US$ Million) Analysis by Power Output, 2018 to 2033
Figure 191: Oceania Market Volume (Units) Analysis by Power Output, 2018 to 2033
Figure 192: Oceania Market Value Share (%) and BPS Analysis by Power Output, 2023 to 2033
Figure 193: Oceania Market Y-o-Y Growth (%) Projections by Power Output, 2023 to 2033
Figure 194: Oceania Market Value (US$ Million) Analysis by Product Type, 2018 to 2033
Figure 195: Oceania Market Volume (Units) Analysis by Product Type, 2018 to 2033
Figure 196: Oceania Market Value Share (%) and BPS Analysis by Product Type, 2023 to 2033
Figure 197: Oceania Market Y-o-Y Growth (%) Projections by Product Type, 2023 to 2033
Figure 198: Oceania Market Value (US$ Million) Analysis by Application, 2018 to 2033
Figure 199: Oceania Market Volume (Units) Analysis by Application, 2018 to 2033
Figure 200: Oceania Market Value Share (%) and BPS Analysis by Application, 2023 to 2033
Figure 201: Oceania Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033
Figure 202: Oceania Market Value (US$ Million) Analysis by End Use, 2018 to 2033
Figure 203: Oceania Market Volume (Units) Analysis by End Use, 2018 to 2033
Figure 204: Oceania Market Value Share (%) and BPS Analysis by End Use, 2023 to 2033
Figure 205: Oceania Market Y-o-Y Growth (%) Projections by End Use, 2023 to 2033
Figure 206: Oceania Market Attractiveness by Power Output, 2023 to 2033
Figure 207: Oceania Market Attractiveness by Product Type, 2023 to 2033
Figure 208: Oceania Market Attractiveness by Application, 2023 to 2033
Figure 209: Oceania Market Attractiveness by End Use, 2023 to 2033
Figure 210: Oceania Market Attractiveness by Country, 2023 to 2033
Figure 211: MEA Market Value (US$ Million) by Power Output, 2023 to 2033
Figure 212: MEA Market Value (US$ Million) by Product Type, 2023 to 2033
Figure 213: MEA Market Value (US$ Million) by Application, 2023 to 2033
Figure 214: MEA Market Value (US$ Million) by End Use, 2023 to 2033
Figure 215: MEA Market Value (US$ Million) by Country, 2023 to 2033
Figure 216: MEA Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 217: MEA Market Volume (Units) Analysis by Country, 2018 to 2033
Figure 218: MEA Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 219: MEA Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 220: MEA Market Value (US$ Million) Analysis by Power Output, 2018 to 2033
Figure 221: MEA Market Volume (Units) Analysis by Power Output, 2018 to 2033
Figure 222: MEA Market Value Share (%) and BPS Analysis by Power Output, 2023 to 2033
Figure 223: MEA Market Y-o-Y Growth (%) Projections by Power Output, 2023 to 2033
Figure 224: MEA Market Value (US$ Million) Analysis by Product Type, 2018 to 2033
Figure 225: MEA Market Volume (Units) Analysis by Product Type, 2018 to 2033
Figure 226: MEA Market Value Share (%) and BPS Analysis by Product Type, 2023 to 2033
Figure 227: MEA Market Y-o-Y Growth (%) Projections by Product Type, 2023 to 2033
Figure 228: MEA Market Value (US$ Million) Analysis by Application, 2018 to 2033
Figure 229: MEA Market Volume (Units) Analysis by Application, 2018 to 2033
Figure 230: MEA Market Value Share (%) and BPS Analysis by Application, 2023 to 2033
Figure 231: MEA Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033
Figure 232: MEA Market Value (US$ Million) Analysis by End Use, 2018 to 2033
Figure 233: MEA Market Volume (Units) Analysis by End Use, 2018 to 2033
Figure 234: MEA Market Value Share (%) and BPS Analysis by End Use, 2023 to 2033
Figure 235: MEA Market Y-o-Y Growth (%) Projections by End Use, 2023 to 2033
Figure 236: MEA Market Attractiveness by Power Output, 2023 to 2033
Figure 237: MEA Market Attractiveness by Product Type, 2023 to 2033
Figure 238: MEA Market Attractiveness by Application, 2023 to 2033
Figure 239: MEA Market Attractiveness by End Use, 2023 to 2033
Figure 240: MEA Market Attractiveness by Country, 2023 to 2033
