Synchronous Motor Market

Synchronous Motor Market Overview for 2024 to 2034

The synchronous motor market is anticipated to be worth US$ 24.3 billion in 2024. The market is expected to grow at a CAGR of 5.4% from 2024 to 2034. By the end of the forecast period, the market value is predicted to hit US$ 41.0 billion.

Synchronous Motor Market Analysis

• With the increasing production of vehicles, in light of public encouragement and sustainability measures, the use of synchronous motors in electric vehicles is also growing. This is stimulating the market for synchronous motors.
• Synchronous motors come in differing sizes, allowing for more flexibility in the adoption of motors in various industries.
• The use of synchronous motors in the power generation industry is leading to higher demand for the product.
• Synchronous motors are renowned for their energy efficiency, with which the motors have earned the trust of industrialists as a way to cut costs.
• The use of synchronous motors in heating, ventilation, and air conditioning (HVAC) applications is bolstering the demand for the product in the market.

Attributes	Details
Synchronous Motor Market Value, 2024	US$ 24.3 billion
Projected Market Value, 2034	US$ 41.0 billion
Value-based CAGR, 2024 to 2034	5.4%

Synchronous Motor Market Trends

• Electric equipment like mixers, pumps, fans, etc., extensively utilize synchronous motors.
• Synchronous motor’s appeal in the aerospace industry is rising, as the cost-efficient and effective nature of the product helps the innovation-hungry industry in the development of new vehicles.
• Synchronous motors are being used by the defense industry in large volumes, as defense budgets are rising.
• The increasing application of synchronous motors in the packaging industry for large-scale packing needs is driving growth in the market.
• Significant competition to synchronous motors is provided by induction motors as well as other motors with HVAC applications, constraining market growth.
• Permanent magnetic synchronous motors are finding their home in the production of electric vehicles. These synchronous motors are helping electrical vehicles to achieve greater pickup potential and horsepower.
• The cost per kilowatt of synchronous motors in electric applications is a cause for concern, and thus, industrialists are heading toward alternatives, restricting the scope of the market.

Comparative View of Adjacent Markets

Aside from the synchronous motor market, analysis has been done on two other related markets. These markets are the synchronous condenser market and synchronous generator market.

The use of synchronous condensers in the renewable energy industry is boosting the demand for the product. The industrial demand for grid stabilizing products, to control power outlay and prevent outrages, is also positively impacting the market.

With electricity consumption showing no signs of decline, there is an increased need for synchronous generators. Government initiatives for sustainable sources of energy further power the market for synchronous generators.

Synchronous Motor Market:

Attributes	Synchronous Motor Market
Value-based CAGR (2024 to 2034)	5.4%
Projected Market Value (2034)	US$ 41.0 billion
Market Trends	Increasing use of synchronous motors in the aerospace sector Use of synchronous motors for common applications like fans and pumps
Restraint	High cost expended per kilowatt by synchronous motors
Growth Factors	Rising production of electric vehicles with synchronous motors Significant use of synchronous motors in the power generation sector

Synchronous Condenser Market:

Attributes	Synchronous Condenser Market
Value-based CAGR (2024 to 2034)	8.4%
Market Trend	Use of synchronous condensers to meet regulations regarding grid stability
Restraint	High operation and maintenance costs
Growth Factor	Increasing industrial demand for synchronous condensers

Synchronous Generator Market:

Attributes	Synchronous Generator Market
Value-based CAGR (2024 to 2034)	5.4%
Projected Market Value (2034)	US$ 6.5 billion
Market Trend	Rising demand for devices that aid grid stability
Restraint	Strenuous manufacturing process involving significant investment of time and effort
Growth Factors	Synchronous generators help with energy storage

Category-wise Outlook

Horizontally mounted synchronous motors have an upper hand over vertically mounted synchronous motors in the market. Medium voltage synchronous motors have left low voltage and high voltage motors behind in terms of demand.

Horizontally Mounted Synchronous Motors Provide Flexibility to End-users

Attributes	Details
Top Mount Type	Horizontal Mounting
CAGR (2024 to 2034)	5.2%

From 2024 to 2034, synchronous motors with horizontal mounting are expected to progress at a CAGR of 5.2%. Some of the key drivers for the increasing use of horizontally mounted synchronous motors are:

• Synchronous motors with horizontal mounting allow industrialists more leeway in where to place the motors, eating up less space than vertically mounted ones. Thus, horizontally mounted motors stand tall in the mount type segment.
• Use of synchronous motors in aerospace, defense, and other industries where the applications of the motor are in large devices is helping the horizontally mounted motors’ progress. Horizontally mounted motors are more suitable for large-scale electric devices compared to vertically mounted motors.

Medium Voltage Synchronous Motors Hit the Sweet Spot for Manufacturers

Attributes	Details
Top Voltage Class	Medium Voltage
CAGR (2024 to 2034)	5.0%

Synchronous motors with medium voltage are predicted to progress at a CAGR of 5.0% over the forecast period. Some of the key drivers for its progress include:

• Manufacturers often have to perform a balancing act when it comes to the proper calibration of the parts that make up their product. Medium voltage synchronous motors are thus seeing rising demand as they provide the middle route between low and high voltage motors.
• Medium voltage synchronous motors provide adequate voltage capabilities to manufacturers while still not being as expensive as high voltage motors.

Country-wise Analysis

The industrial sector in the Asia Pacific, specifically manufacturing, is leading to increased demand for synchronous motors in the region. The climbing defense budgets of the governments in the region are also contributing to the market’s surge in the Asia Pacific.

North America and Europe are the traditional powerhouses in the region. With rising sustainability efforts in the regions, the production of electrical appliances is rising, thus benefitting the market in North America and Europe.

Countries	CAGR
South Korea	7.4%
Japan	6.5%
China	7.0%
United Kingdom	6.7%
United States	5.7%

Use of Synchronous Motors in Public Infrastructure Bolstering the Market in South Korea

The market in South Korea is set to register a CAGR of 7.4% for the forecast period. The key drivers for growth are:

• The applications of synchronous motors in South Korea are diverse. For example, magnetic synchronous motors are being used in metro trains of the country’s capital Seoul. Thus, South Korea is emerging as one of the most promising countries for the market.
• Synchronous motors are in line with the sustainability trends in South Korea. For example, synchronous motors are being used for the production of liquefied hydrogen in the country.

Use of Synchronous Motors in the Defense Sector in China

The CAGR for the synchronous motor market in China is tipped to be 7.0% over the forecast period. Some of the key factors driving the growth are:

• Possessing one of the largest defense infrastructures in the world, the defense industry acts as a significant avenue for the sale of synchronous motors in China.
• China is making significant progress in the aerospace industry, finding new ways of air transport while also leaping into space, and synchronous motors are helping the cause.

Increased Use of Household Electrical Appliances in Japan Helping the Market’s Positive Trajectory

The market in Japan is expected to register a CAGR of 6.5% over the forecast period. Some of the key trends include:

• Japan’s significant aging population is making use of electrical appliances like fans and mixers at an increasing rate. Further, there is also an effort to make the stay of the elderly comfortable in nursing homes with the use of these applications. Thus, the synchronous motor industry is marked for positive progress in the country.
• Demand for synchronous motors in Japan is multi-pronged as both large-scale industrial units and small-scale operations make use of them. Thus, suppliers are designing customized synchronous motors in the country.

Sustainability Measures Power Up the Market’s Progress in the United Kingdom

The market in the United Kingdom is expected to progress at a CAGR of 6.7% through 2034. Key factors driving the growth are:

• Electrical appliances are being given increasing importance in the United Kingdom as a result of rising sustainability measures. As a result, the synchronous motor market is getting positively impacted.
• Magnetic synchronous motors are rising in popularity across the United Kingdom, providing another avenue for progress for the motor.

Electrical Vehicle Production Accelerating Market Demand for Synchronous Motors in the United States

The market in the United States is anticipated to register a CAGR of 5.7% over the forecast period. Some prominent factors driving growth are:

• The large automobile industry in the United States is contributing to the market’s progress. Thus, the increasing production of electrical vehicles is positively impacting synchronous motor adoption in the country.
• Production of synchronous motors in the United States is taking on an end-user-centric approach. The product is being manufactured for end users in all kinds of sizes, traditional and non-traditional, in the United States.

Competitive Landscape

Market players are manufacturing machines focusing on the end-use application of synchronous motors. Thus, enterprises in the market are not focused on a single size of the machine but keep on diversifying their production. The market is highly fragmented, with no entities having dominant control of the share. Thus, small-scale producers dominate the market, and there is scope for new entrants.

Recent Developments

• In September 2023, Audi upgraded its Q4 e-tron with the introduction of a synchronous motor.
• In August 2023, Nord USA released the smooth surface IE5+ synchronous motors, with features like size 90 TENV and a ventilated design.
• In March 2023, BYD launched the electric SUV BYD Atto 3. The car makes use of a magnetic synchronous motor, which helps it to accelerate from 0 to 100 kmph in a matter of seconds.
• In February 2022, MG Motor introduced a newer version of its electric car ZS EV, backed by a magnetic synchronous motor.
• Also, in February 2022, Danfoss Editron announced the mass production of its magnetic synchronous motor, called the EM-PMI240-T180 motor.

Key Companies in the Synchronous Motor Market

• ABB
• Siemens
• General Electric
• Rockwell Automation Inc.
• Toshiba Corporation
• WEG SA
• Hitachi Ltd.
• Bosch Group

Key Segments

By Mount Type:

• Horizontal Mounting
• Vertical Mounting

By Voltage Class:

• Medium Voltage
• Low Voltage

By Application:

• Compressors
• Pumps
• Fans
• Extruders
• Mixers
• Others

By End User:

• Oil & Gas
• Chemicals & Petrochemicals
• Mining
• Metals
• Others

By Region:

• North America
• Latin America
• Europe
• South Asia
• East Asia
• Oceania
• Middle East and Africa (MEA)

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 2019 to 2023 and Forecast, 2024 to 2034

    4.1. Historical Market Size Value (US$ Million) & Volume (Units) Analysis, 2019 to 2023

    4.2. Current and Future Market Size Value (US$ Million) & Volume (Units) Projections, 2024 to 2034

        4.2.1. Y-o-Y Growth Trend Analysis

        4.2.2. Absolute $ Opportunity Analysis

5. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Mount Type

    5.1. Introduction / Key Findings

    5.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Mount Type, 2019 to 2023

    5.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Mount Type, 2024 to 2034

        5.3.1. Horizontal Mounting

        5.3.2. Vertical Mounting

    5.4. Y-o-Y Growth Trend Analysis By Mount Type, 2019 to 2023

    5.5. Absolute $ Opportunity Analysis By Mount Type, 2024 to 2034

6. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Voltage Class

    6.1. Introduction / Key Findings

    6.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Voltage Class, 2019 to 2023

    6.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Voltage Class, 2024 to 2034

        6.3.1. Medium Voltage

        6.3.2. Low Voltage

    6.4. Y-o-Y Growth Trend Analysis By Voltage Class, 2019 to 2023

    6.5. Absolute $ Opportunity Analysis By Voltage Class, 2024 to 2034

7. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Application

    7.1. Introduction / Key Findings

    7.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Application, 2019 to 2023

    7.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Application, 2024 to 2034

        7.3.1. Compressors

        7.3.2. Pumps

        7.3.3. Fans

        7.3.4. Extruders

        7.3.5. Mixers

        7.3.6. Others

    7.4. Y-o-Y Growth Trend Analysis By Application, 2019 to 2023

    7.5. Absolute $ Opportunity Analysis By Application, 2024 to 2034

8. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By End User

    8.1. Introduction / Key Findings

    8.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By End User, 2019 to 2023

    8.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By End User, 2024 to 2034

        8.3.1. Oil & Gas

        8.3.2. Chemicals & Petrochemicals

        8.3.3. Mining

        8.3.4. Metals

        8.3.5. Others

    8.4. Y-o-Y Growth Trend Analysis By End User, 2019 to 2023

    8.5. Absolute $ Opportunity Analysis By End User, 2024 to 2034

9. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Region

    9.1. Introduction

    9.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Region, 2019 to 2023

    9.3. Current Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Region, 2024 to 2034

        9.3.1. North America

        9.3.2. Latin America

        9.3.3. Western Europe

        9.3.4. Eastern Europe

        9.3.5. South Asia and Pacific

        9.3.6. East Asia

        9.3.7. Middle East and Africa

    9.4. Market Attractiveness Analysis By Region

10. North America Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country

    10.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2019 to 2023

    10.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2024 to 2034

        10.2.1. By Country

            10.2.1.1. USA

            10.2.1.2. Canada

        10.2.2. By Mount Type

        10.2.3. By Voltage Class

        10.2.4. By Application

        10.2.5. By End User

    10.3. Market Attractiveness Analysis

        10.3.1. By Country

        10.3.2. By Mount Type

        10.3.3. By Voltage Class

        10.3.4. By Application

        10.3.5. By End User

    10.4. Key Takeaways

11. Latin America Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country

    11.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2019 to 2023

    11.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2024 to 2034

        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 Mount Type

        11.2.3. By Voltage Class

        11.2.4. By Application

        11.2.5. By End User

    11.3. Market Attractiveness Analysis

        11.3.1. By Country

        11.3.2. By Mount Type

        11.3.3. By Voltage Class

        11.3.4. By Application

        11.3.5. By End User

    11.4. Key Takeaways

12. Western Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country

    12.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2019 to 2023

    12.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2024 to 2034

        12.2.1. By Country

            12.2.1.1. Germany

            12.2.1.2. UK

            12.2.1.3. France

            12.2.1.4. Spain

            12.2.1.5. Italy

            12.2.1.6. Rest of Western Europe

        12.2.2. By Mount Type

        12.2.3. By Voltage Class

        12.2.4. By Application

        12.2.5. By End User

    12.3. Market Attractiveness Analysis

        12.3.1. By Country

        12.3.2. By Mount Type

        12.3.3. By Voltage Class

        12.3.4. By Application

        12.3.5. By End User

    12.4. Key Takeaways

13. Eastern Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country

    13.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2019 to 2023

    13.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2024 to 2034

        13.2.1. By Country

            13.2.1.1. Poland

            13.2.1.2. Russia

            13.2.1.3. Czech Republic

            13.2.1.4. Romania

            13.2.1.5. Rest of Eastern Europe

        13.2.2. By Mount Type

        13.2.3. By Voltage Class

        13.2.4. By Application

        13.2.5. By End User

    13.3. Market Attractiveness Analysis

        13.3.1. By Country

        13.3.2. By Mount Type

        13.3.3. By Voltage Class

        13.3.4. By Application

        13.3.5. By End User

    13.4. Key Takeaways

14. South Asia and Pacific Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country

    14.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2019 to 2023

    14.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2024 to 2034

        14.2.1. By Country

            14.2.1.1. India

            14.2.1.2. Bangladesh

            14.2.1.3. Australia

            14.2.1.4. New Zealand

            14.2.1.5. Rest of South Asia and Pacific

        14.2.2. By Mount Type

        14.2.3. By Voltage Class

        14.2.4. By Application

        14.2.5. By End User

    14.3. Market Attractiveness Analysis

        14.3.1. By Country

        14.3.2. By Mount Type

        14.3.3. By Voltage Class

        14.3.4. By Application

        14.3.5. By End User

    14.4. Key Takeaways

15. East Asia Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country

    15.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2019 to 2023

    15.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2024 to 2034

        15.2.1. By Country

            15.2.1.1. China

            15.2.1.2. Japan

            15.2.1.3. South Korea

        15.2.2. By Mount Type

        15.2.3. By Voltage Class

        15.2.4. By Application

        15.2.5. By End User

    15.3. Market Attractiveness Analysis

        15.3.1. By Country

        15.3.2. By Mount Type

        15.3.3. By Voltage Class

        15.3.4. By Application

        15.3.5. By End User

    15.4. Key Takeaways

16. Middle East and Africa Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country

    16.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2019 to 2023

    16.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2024 to 2034

        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 Mount Type

        16.2.3. By Voltage Class

        16.2.4. By Application

        16.2.5. By End User

    16.3. Market Attractiveness Analysis

        16.3.1. By Country

        16.3.2. By Mount Type

        16.3.3. By Voltage Class

        16.3.4. By Application

        16.3.5. By End User

    16.4. Key Takeaways

17. Key Countries Market Analysis

    17.1. USA

        17.1.1. Pricing Analysis

        17.1.2. Market Share Analysis, 2023

            17.1.2.1. By Mount Type

            17.1.2.2. By Voltage Class

            17.1.2.3. By Application

            17.1.2.4. By End User

    17.2. Canada

        17.2.1. Pricing Analysis

        17.2.2. Market Share Analysis, 2023

            17.2.2.1. By Mount Type

            17.2.2.2. By Voltage Class

            17.2.2.3. By Application

            17.2.2.4. By End User

    17.3. Brazil

        17.3.1. Pricing Analysis

        17.3.2. Market Share Analysis, 2023

            17.3.2.1. By Mount Type

            17.3.2.2. By Voltage Class

            17.3.2.3. By Application

            17.3.2.4. By End User

    17.4. Mexico

        17.4.1. Pricing Analysis

        17.4.2. Market Share Analysis, 2023

            17.4.2.1. By Mount Type

            17.4.2.2. By Voltage Class

            17.4.2.3. By Application

            17.4.2.4. By End User

    17.5. Germany

        17.5.1. Pricing Analysis

        17.5.2. Market Share Analysis, 2023

            17.5.2.1. By Mount Type

            17.5.2.2. By Voltage Class

            17.5.2.3. By Application

            17.5.2.4. By End User

    17.6. UK

        17.6.1. Pricing Analysis

        17.6.2. Market Share Analysis, 2023

            17.6.2.1. By Mount Type

            17.6.2.2. By Voltage Class

            17.6.2.3. By Application

            17.6.2.4. By End User

    17.7. France

        17.7.1. Pricing Analysis

        17.7.2. Market Share Analysis, 2023

            17.7.2.1. By Mount Type

            17.7.2.2. By Voltage Class

            17.7.2.3. By Application

            17.7.2.4. By End User

    17.8. Spain

        17.8.1. Pricing Analysis

        17.8.2. Market Share Analysis, 2023

            17.8.2.1. By Mount Type

            17.8.2.2. By Voltage Class

            17.8.2.3. By Application

            17.8.2.4. By End User

    17.9. Italy

        17.9.1. Pricing Analysis

        17.9.2. Market Share Analysis, 2023

            17.9.2.1. By Mount Type

            17.9.2.2. By Voltage Class

            17.9.2.3. By Application

            17.9.2.4. By End User

    17.10. Poland

        17.10.1. Pricing Analysis

        17.10.2. Market Share Analysis, 2023

            17.10.2.1. By Mount Type

            17.10.2.2. By Voltage Class

            17.10.2.3. By Application

            17.10.2.4. By End User

    17.11. Russia

        17.11.1. Pricing Analysis

        17.11.2. Market Share Analysis, 2023

            17.11.2.1. By Mount Type

            17.11.2.2. By Voltage Class

            17.11.2.3. By Application

            17.11.2.4. By End User

    17.12. Czech Republic

        17.12.1. Pricing Analysis

        17.12.2. Market Share Analysis, 2023

            17.12.2.1. By Mount Type

            17.12.2.2. By Voltage Class

            17.12.2.3. By Application

            17.12.2.4. By End User

    17.13. Romania

        17.13.1. Pricing Analysis

        17.13.2. Market Share Analysis, 2023

            17.13.2.1. By Mount Type

            17.13.2.2. By Voltage Class

            17.13.2.3. By Application

            17.13.2.4. By End User

    17.14. India

        17.14.1. Pricing Analysis

        17.14.2. Market Share Analysis, 2023

            17.14.2.1. By Mount Type

            17.14.2.2. By Voltage Class

            17.14.2.3. By Application

            17.14.2.4. By End User

    17.15. Bangladesh

        17.15.1. Pricing Analysis

        17.15.2. Market Share Analysis, 2023

            17.15.2.1. By Mount Type

            17.15.2.2. By Voltage Class

            17.15.2.3. By Application

            17.15.2.4. By End User

    17.16. Australia

        17.16.1. Pricing Analysis

        17.16.2. Market Share Analysis, 2023

            17.16.2.1. By Mount Type

            17.16.2.2. By Voltage Class

            17.16.2.3. By Application

            17.16.2.4. By End User

    17.17. New Zealand

        17.17.1. Pricing Analysis

        17.17.2. Market Share Analysis, 2023

            17.17.2.1. By Mount Type

            17.17.2.2. By Voltage Class

            17.17.2.3. By Application

            17.17.2.4. By End User

    17.18. China

        17.18.1. Pricing Analysis

        17.18.2. Market Share Analysis, 2023

            17.18.2.1. By Mount Type

            17.18.2.2. By Voltage Class

            17.18.2.3. By Application

            17.18.2.4. By End User

    17.19. Japan

        17.19.1. Pricing Analysis

        17.19.2. Market Share Analysis, 2023

            17.19.2.1. By Mount Type

            17.19.2.2. By Voltage Class

            17.19.2.3. By Application

            17.19.2.4. By End User

    17.20. South Korea

        17.20.1. Pricing Analysis

        17.20.2. Market Share Analysis, 2023

            17.20.2.1. By Mount Type

            17.20.2.2. By Voltage Class

            17.20.2.3. By Application

            17.20.2.4. By End User

    17.21. GCC Countries

        17.21.1. Pricing Analysis

        17.21.2. Market Share Analysis, 2023

            17.21.2.1. By Mount Type

            17.21.2.2. By Voltage Class

            17.21.2.3. By Application

            17.21.2.4. By End User

    17.22. South Africa

        17.22.1. Pricing Analysis

        17.22.2. Market Share Analysis, 2023

            17.22.2.1. By Mount Type

            17.22.2.2. By Voltage Class

            17.22.2.3. By Application

            17.22.2.4. By End User

    17.23. Israel

        17.23.1. Pricing Analysis

        17.23.2. Market Share Analysis, 2023

            17.23.2.1. By Mount Type

            17.23.2.2. By Voltage Class

            17.23.2.3. By Application

            17.23.2.4. By End User

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 Mount Type

        18.3.3. By Voltage Class

        18.3.4. By Application

        18.3.5. By End User

19. Competition Analysis

    19.1. Competition Deep Dive

        19.1.1. ABB

            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. Siemens

            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. General Electric

            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. Rockwell Automation Inc.

            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. Toshiba Corporation

            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. WEG SA

            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. Hitachi Ltd

            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. Bosch Group

            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. Johnson Electric Holdings Limited

            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. Emerson Electric Co.

            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. Nidec 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

20. Assumptions & Acronyms Used

21. Research Methodology

List of Tables

Table 1: Global Market Value (US$ Million) Forecast by Region, 2019 to 2034

Table 2: Global Market Volume (Units) Forecast by Region, 2019 to 2034

Table 3: Global Market Value (US$ Million) Forecast by Mount Type, 2019 to 2034

Table 4: Global Market Volume (Units) Forecast by Mount Type, 2019 to 2034

Table 5: Global Market Value (US$ Million) Forecast by Voltage Class, 2019 to 2034

Table 6: Global Market Volume (Units) Forecast by Voltage Class, 2019 to 2034

Table 7: Global Market Value (US$ Million) Forecast by Application, 2019 to 2034

Table 8: Global Market Volume (Units) Forecast by Application, 2019 to 2034

Table 9: Global Market Value (US$ Million) Forecast by End User, 2019 to 2034

Table 10: Global Market Volume (Units) Forecast by End User, 2019 to 2034

Table 11: North America Market Value (US$ Million) Forecast by Country, 2019 to 2034

Table 12: North America Market Volume (Units) Forecast by Country, 2019 to 2034

Table 13: North America Market Value (US$ Million) Forecast by Mount Type, 2019 to 2034

Table 14: North America Market Volume (Units) Forecast by Mount Type, 2019 to 2034

Table 15: North America Market Value (US$ Million) Forecast by Voltage Class, 2019 to 2034

Table 16: North America Market Volume (Units) Forecast by Voltage Class, 2019 to 2034

Table 17: North America Market Value (US$ Million) Forecast by Application, 2019 to 2034

Table 18: North America Market Volume (Units) Forecast by Application, 2019 to 2034

Table 19: North America Market Value (US$ Million) Forecast by End User, 2019 to 2034

Table 20: North America Market Volume (Units) Forecast by End User, 2019 to 2034

Table 21: Latin America Market Value (US$ Million) Forecast by Country, 2019 to 2034

Table 22: Latin America Market Volume (Units) Forecast by Country, 2019 to 2034

Table 23: Latin America Market Value (US$ Million) Forecast by Mount Type, 2019 to 2034

Table 24: Latin America Market Volume (Units) Forecast by Mount Type, 2019 to 2034

Table 25: Latin America Market Value (US$ Million) Forecast by Voltage Class, 2019 to 2034

Table 26: Latin America Market Volume (Units) Forecast by Voltage Class, 2019 to 2034

Table 27: Latin America Market Value (US$ Million) Forecast by Application, 2019 to 2034

Table 28: Latin America Market Volume (Units) Forecast by Application, 2019 to 2034

Table 29: Latin America Market Value (US$ Million) Forecast by End User, 2019 to 2034

Table 30: Latin America Market Volume (Units) Forecast by End User, 2019 to 2034

Table 31: Western Europe Market Value (US$ Million) Forecast by Country, 2019 to 2034

Table 32: Western Europe Market Volume (Units) Forecast by Country, 2019 to 2034

Table 33: Western Europe Market Value (US$ Million) Forecast by Mount Type, 2019 to 2034

Table 34: Western Europe Market Volume (Units) Forecast by Mount Type, 2019 to 2034

Table 35: Western Europe Market Value (US$ Million) Forecast by Voltage Class, 2019 to 2034

Table 36: Western Europe Market Volume (Units) Forecast by Voltage Class, 2019 to 2034

Table 37: Western Europe Market Value (US$ Million) Forecast by Application, 2019 to 2034

Table 38: Western Europe Market Volume (Units) Forecast by Application, 2019 to 2034

Table 39: Western Europe Market Value (US$ Million) Forecast by End User, 2019 to 2034

Table 40: Western Europe Market Volume (Units) Forecast by End User, 2019 to 2034

Table 41: Eastern Europe Market Value (US$ Million) Forecast by Country, 2019 to 2034

Table 42: Eastern Europe Market Volume (Units) Forecast by Country, 2019 to 2034

Table 43: Eastern Europe Market Value (US$ Million) Forecast by Mount Type, 2019 to 2034

Table 44: Eastern Europe Market Volume (Units) Forecast by Mount Type, 2019 to 2034

Table 45: Eastern Europe Market Value (US$ Million) Forecast by Voltage Class, 2019 to 2034

Table 46: Eastern Europe Market Volume (Units) Forecast by Voltage Class, 2019 to 2034

Table 47: Eastern Europe Market Value (US$ Million) Forecast by Application, 2019 to 2034

Table 48: Eastern Europe Market Volume (Units) Forecast by Application, 2019 to 2034

Table 49: Eastern Europe Market Value (US$ Million) Forecast by End User, 2019 to 2034

Table 50: Eastern Europe Market Volume (Units) Forecast by End User, 2019 to 2034

Table 51: South Asia and Pacific Market Value (US$ Million) Forecast by Country, 2019 to 2034

Table 52: South Asia and Pacific Market Volume (Units) Forecast by Country, 2019 to 2034

Table 53: South Asia and Pacific Market Value (US$ Million) Forecast by Mount Type, 2019 to 2034

Table 54: South Asia and Pacific Market Volume (Units) Forecast by Mount Type, 2019 to 2034

Table 55: South Asia and Pacific Market Value (US$ Million) Forecast by Voltage Class, 2019 to 2034

Table 56: South Asia and Pacific Market Volume (Units) Forecast by Voltage Class, 2019 to 2034

Table 57: South Asia and Pacific Market Value (US$ Million) Forecast by Application, 2019 to 2034

Table 58: South Asia and Pacific Market Volume (Units) Forecast by Application, 2019 to 2034

Table 59: South Asia and Pacific Market Value (US$ Million) Forecast by End User, 2019 to 2034

Table 60: South Asia and Pacific Market Volume (Units) Forecast by End User, 2019 to 2034

Table 61: East Asia Market Value (US$ Million) Forecast by Country, 2019 to 2034

Table 62: East Asia Market Volume (Units) Forecast by Country, 2019 to 2034

Table 63: East Asia Market Value (US$ Million) Forecast by Mount Type, 2019 to 2034

Table 64: East Asia Market Volume (Units) Forecast by Mount Type, 2019 to 2034

Table 65: East Asia Market Value (US$ Million) Forecast by Voltage Class, 2019 to 2034

Table 66: East Asia Market Volume (Units) Forecast by Voltage Class, 2019 to 2034

Table 67: East Asia Market Value (US$ Million) Forecast by Application, 2019 to 2034

Table 68: East Asia Market Volume (Units) Forecast by Application, 2019 to 2034

Table 69: East Asia Market Value (US$ Million) Forecast by End User, 2019 to 2034

Table 70: East Asia Market Volume (Units) Forecast by End User, 2019 to 2034

Table 71: Middle East and Africa Market Value (US$ Million) Forecast by Country, 2019 to 2034

Table 72: Middle East and Africa Market Volume (Units) Forecast by Country, 2019 to 2034

Table 73: Middle East and Africa Market Value (US$ Million) Forecast by Mount Type, 2019 to 2034

Table 74: Middle East and Africa Market Volume (Units) Forecast by Mount Type, 2019 to 2034

Table 75: Middle East and Africa Market Value (US$ Million) Forecast by Voltage Class, 2019 to 2034

Table 76: Middle East and Africa Market Volume (Units) Forecast by Voltage Class, 2019 to 2034

Table 77: Middle East and Africa Market Value (US$ Million) Forecast by Application, 2019 to 2034

Table 78: Middle East and Africa Market Volume (Units) Forecast by Application, 2019 to 2034

Table 79: Middle East and Africa Market Value (US$ Million) Forecast by End User, 2019 to 2034

Table 80: Middle East and Africa Market Volume (Units) Forecast by End User, 2019 to 2034

List of Figures

Figure 1: Global Market Value (US$ Million) by Mount Type, 2024 to 2034

Figure 2: Global Market Value (US$ Million) by Voltage Class, 2024 to 2034

Figure 3: Global Market Value (US$ Million) by Application, 2024 to 2034

Figure 4: Global Market Value (US$ Million) by End User, 2024 to 2034

Figure 5: Global Market Value (US$ Million) by Region, 2024 to 2034

Figure 6: Global Market Value (US$ Million) Analysis by Region, 2019 to 2034

Figure 7: Global Market Volume (Units) Analysis by Region, 2019 to 2034

Figure 8: Global Market Value Share (%) and BPS Analysis by Region, 2024 to 2034

Figure 9: Global Market Y-o-Y Growth (%) Projections by Region, 2024 to 2034

Figure 10: Global Market Value (US$ Million) Analysis by Mount Type, 2019 to 2034

Figure 11: Global Market Volume (Units) Analysis by Mount Type, 2019 to 2034

Figure 12: Global Market Value Share (%) and BPS Analysis by Mount Type, 2024 to 2034

Figure 13: Global Market Y-o-Y Growth (%) Projections by Mount Type, 2024 to 2034

Figure 14: Global Market Value (US$ Million) Analysis by Voltage Class, 2019 to 2034

Figure 15: Global Market Volume (Units) Analysis by Voltage Class, 2019 to 2034

Figure 16: Global Market Value Share (%) and BPS Analysis by Voltage Class, 2024 to 2034

Figure 17: Global Market Y-o-Y Growth (%) Projections by Voltage Class, 2024 to 2034

Figure 18: Global Market Value (US$ Million) Analysis by Application, 2019 to 2034

Figure 19: Global Market Volume (Units) Analysis by Application, 2019 to 2034

Figure 20: Global Market Value Share (%) and BPS Analysis by Application, 2024 to 2034

Figure 21: Global Market Y-o-Y Growth (%) Projections by Application, 2024 to 2034

Figure 22: Global Market Value (US$ Million) Analysis by End User, 2019 to 2034

Figure 23: Global Market Volume (Units) Analysis by End User, 2019 to 2034

Figure 24: Global Market Value Share (%) and BPS Analysis by End User, 2024 to 2034

Figure 25: Global Market Y-o-Y Growth (%) Projections by End User, 2024 to 2034

Figure 26: Global Market Attractiveness by Mount Type, 2024 to 2034

Figure 27: Global Market Attractiveness by Voltage Class, 2024 to 2034

Figure 28: Global Market Attractiveness by Application, 2024 to 2034

Figure 29: Global Market Attractiveness by End User, 2024 to 2034

Figure 30: Global Market Attractiveness by Region, 2024 to 2034

Figure 31: North America Market Value (US$ Million) by Mount Type, 2024 to 2034

Figure 32: North America Market Value (US$ Million) by Voltage Class, 2024 to 2034

Figure 33: North America Market Value (US$ Million) by Application, 2024 to 2034

Figure 34: North America Market Value (US$ Million) by End User, 2024 to 2034

Figure 35: North America Market Value (US$ Million) by Country, 2024 to 2034

Figure 36: North America Market Value (US$ Million) Analysis by Country, 2019 to 2034

Figure 37: North America Market Volume (Units) Analysis by Country, 2019 to 2034

Figure 38: North America Market Value Share (%) and BPS Analysis by Country, 2024 to 2034

Figure 39: North America Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034

Figure 40: North America Market Value (US$ Million) Analysis by Mount Type, 2019 to 2034

Figure 41: North America Market Volume (Units) Analysis by Mount Type, 2019 to 2034

Figure 42: North America Market Value Share (%) and BPS Analysis by Mount Type, 2024 to 2034

Figure 43: North America Market Y-o-Y Growth (%) Projections by Mount Type, 2024 to 2034

Figure 44: North America Market Value (US$ Million) Analysis by Voltage Class, 2019 to 2034

Figure 45: North America Market Volume (Units) Analysis by Voltage Class, 2019 to 2034

Figure 46: North America Market Value Share (%) and BPS Analysis by Voltage Class, 2024 to 2034

Figure 47: North America Market Y-o-Y Growth (%) Projections by Voltage Class, 2024 to 2034

Figure 48: North America Market Value (US$ Million) Analysis by Application, 2019 to 2034

Figure 49: North America Market Volume (Units) Analysis by Application, 2019 to 2034

Figure 50: North America Market Value Share (%) and BPS Analysis by Application, 2024 to 2034

Figure 51: North America Market Y-o-Y Growth (%) Projections by Application, 2024 to 2034

Figure 52: North America Market Value (US$ Million) Analysis by End User, 2019 to 2034

Figure 53: North America Market Volume (Units) Analysis by End User, 2019 to 2034

Figure 54: North America Market Value Share (%) and BPS Analysis by End User, 2024 to 2034

Figure 55: North America Market Y-o-Y Growth (%) Projections by End User, 2024 to 2034

Figure 56: North America Market Attractiveness by Mount Type, 2024 to 2034

Figure 57: North America Market Attractiveness by Voltage Class, 2024 to 2034

Figure 58: North America Market Attractiveness by Application, 2024 to 2034

Figure 59: North America Market Attractiveness by End User, 2024 to 2034

Figure 60: North America Market Attractiveness by Country, 2024 to 2034

Figure 61: Latin America Market Value (US$ Million) by Mount Type, 2024 to 2034

Figure 62: Latin America Market Value (US$ Million) by Voltage Class, 2024 to 2034

Figure 63: Latin America Market Value (US$ Million) by Application, 2024 to 2034

Figure 64: Latin America Market Value (US$ Million) by End User, 2024 to 2034

Figure 65: Latin America Market Value (US$ Million) by Country, 2024 to 2034

Figure 66: Latin America Market Value (US$ Million) Analysis by Country, 2019 to 2034

Figure 67: Latin America Market Volume (Units) Analysis by Country, 2019 to 2034

Figure 68: Latin America Market Value Share (%) and BPS Analysis by Country, 2024 to 2034

Figure 69: Latin America Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034

Figure 70: Latin America Market Value (US$ Million) Analysis by Mount Type, 2019 to 2034

Figure 71: Latin America Market Volume (Units) Analysis by Mount Type, 2019 to 2034

Figure 72: Latin America Market Value Share (%) and BPS Analysis by Mount Type, 2024 to 2034

Figure 73: Latin America Market Y-o-Y Growth (%) Projections by Mount Type, 2024 to 2034

Figure 74: Latin America Market Value (US$ Million) Analysis by Voltage Class, 2019 to 2034

Figure 75: Latin America Market Volume (Units) Analysis by Voltage Class, 2019 to 2034

Figure 76: Latin America Market Value Share (%) and BPS Analysis by Voltage Class, 2024 to 2034

Figure 77: Latin America Market Y-o-Y Growth (%) Projections by Voltage Class, 2024 to 2034

Figure 78: Latin America Market Value (US$ Million) Analysis by Application, 2019 to 2034

Figure 79: Latin America Market Volume (Units) Analysis by Application, 2019 to 2034

Figure 80: Latin America Market Value Share (%) and BPS Analysis by Application, 2024 to 2034

Figure 81: Latin America Market Y-o-Y Growth (%) Projections by Application, 2024 to 2034

Figure 82: Latin America Market Value (US$ Million) Analysis by End User, 2019 to 2034

Figure 83: Latin America Market Volume (Units) Analysis by End User, 2019 to 2034

Figure 84: Latin America Market Value Share (%) and BPS Analysis by End User, 2024 to 2034

Figure 85: Latin America Market Y-o-Y Growth (%) Projections by End User, 2024 to 2034

Figure 86: Latin America Market Attractiveness by Mount Type, 2024 to 2034

Figure 87: Latin America Market Attractiveness by Voltage Class, 2024 to 2034

Figure 88: Latin America Market Attractiveness by Application, 2024 to 2034

Figure 89: Latin America Market Attractiveness by End User, 2024 to 2034

Figure 90: Latin America Market Attractiveness by Country, 2024 to 2034

Figure 91: Western Europe Market Value (US$ Million) by Mount Type, 2024 to 2034

Figure 92: Western Europe Market Value (US$ Million) by Voltage Class, 2024 to 2034

Figure 93: Western Europe Market Value (US$ Million) by Application, 2024 to 2034

Figure 94: Western Europe Market Value (US$ Million) by End User, 2024 to 2034

Figure 95: Western Europe Market Value (US$ Million) by Country, 2024 to 2034

Figure 96: Western Europe Market Value (US$ Million) Analysis by Country, 2019 to 2034

Figure 97: Western Europe Market Volume (Units) Analysis by Country, 2019 to 2034

Figure 98: Western Europe Market Value Share (%) and BPS Analysis by Country, 2024 to 2034

Figure 99: Western Europe Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034

Figure 100: Western Europe Market Value (US$ Million) Analysis by Mount Type, 2019 to 2034

Figure 101: Western Europe Market Volume (Units) Analysis by Mount Type, 2019 to 2034

Figure 102: Western Europe Market Value Share (%) and BPS Analysis by Mount Type, 2024 to 2034

Figure 103: Western Europe Market Y-o-Y Growth (%) Projections by Mount Type, 2024 to 2034

Figure 104: Western Europe Market Value (US$ Million) Analysis by Voltage Class, 2019 to 2034

Figure 105: Western Europe Market Volume (Units) Analysis by Voltage Class, 2019 to 2034

Figure 106: Western Europe Market Value Share (%) and BPS Analysis by Voltage Class, 2024 to 2034

Figure 107: Western Europe Market Y-o-Y Growth (%) Projections by Voltage Class, 2024 to 2034

Figure 108: Western Europe Market Value (US$ Million) Analysis by Application, 2019 to 2034

Figure 109: Western Europe Market Volume (Units) Analysis by Application, 2019 to 2034

Figure 110: Western Europe Market Value Share (%) and BPS Analysis by Application, 2024 to 2034

Figure 111: Western Europe Market Y-o-Y Growth (%) Projections by Application, 2024 to 2034

Figure 112: Western Europe Market Value (US$ Million) Analysis by End User, 2019 to 2034

Figure 113: Western Europe Market Volume (Units) Analysis by End User, 2019 to 2034

Figure 114: Western Europe Market Value Share (%) and BPS Analysis by End User, 2024 to 2034

Figure 115: Western Europe Market Y-o-Y Growth (%) Projections by End User, 2024 to 2034

Figure 116: Western Europe Market Attractiveness by Mount Type, 2024 to 2034

Figure 117: Western Europe Market Attractiveness by Voltage Class, 2024 to 2034

Figure 118: Western Europe Market Attractiveness by Application, 2024 to 2034

Figure 119: Western Europe Market Attractiveness by End User, 2024 to 2034

Figure 120: Western Europe Market Attractiveness by Country, 2024 to 2034

Figure 121: Eastern Europe Market Value (US$ Million) by Mount Type, 2024 to 2034

Figure 122: Eastern Europe Market Value (US$ Million) by Voltage Class, 2024 to 2034

Figure 123: Eastern Europe Market Value (US$ Million) by Application, 2024 to 2034

Figure 124: Eastern Europe Market Value (US$ Million) by End User, 2024 to 2034

Figure 125: Eastern Europe Market Value (US$ Million) by Country, 2024 to 2034

Figure 126: Eastern Europe Market Value (US$ Million) Analysis by Country, 2019 to 2034

Figure 127: Eastern Europe Market Volume (Units) Analysis by Country, 2019 to 2034

Figure 128: Eastern Europe Market Value Share (%) and BPS Analysis by Country, 2024 to 2034

Figure 129: Eastern Europe Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034

Figure 130: Eastern Europe Market Value (US$ Million) Analysis by Mount Type, 2019 to 2034

Figure 131: Eastern Europe Market Volume (Units) Analysis by Mount Type, 2019 to 2034

Figure 132: Eastern Europe Market Value Share (%) and BPS Analysis by Mount Type, 2024 to 2034

Figure 133: Eastern Europe Market Y-o-Y Growth (%) Projections by Mount Type, 2024 to 2034

Figure 134: Eastern Europe Market Value (US$ Million) Analysis by Voltage Class, 2019 to 2034

Figure 135: Eastern Europe Market Volume (Units) Analysis by Voltage Class, 2019 to 2034

Figure 136: Eastern Europe Market Value Share (%) and BPS Analysis by Voltage Class, 2024 to 2034

Figure 137: Eastern Europe Market Y-o-Y Growth (%) Projections by Voltage Class, 2024 to 2034

Figure 138: Eastern Europe Market Value (US$ Million) Analysis by Application, 2019 to 2034

Figure 139: Eastern Europe Market Volume (Units) Analysis by Application, 2019 to 2034

Figure 140: Eastern Europe Market Value Share (%) and BPS Analysis by Application, 2024 to 2034

Figure 141: Eastern Europe Market Y-o-Y Growth (%) Projections by Application, 2024 to 2034

Figure 142: Eastern Europe Market Value (US$ Million) Analysis by End User, 2019 to 2034

Figure 143: Eastern Europe Market Volume (Units) Analysis by End User, 2019 to 2034

Figure 144: Eastern Europe Market Value Share (%) and BPS Analysis by End User, 2024 to 2034

Figure 145: Eastern Europe Market Y-o-Y Growth (%) Projections by End User, 2024 to 2034

Figure 146: Eastern Europe Market Attractiveness by Mount Type, 2024 to 2034

Figure 147: Eastern Europe Market Attractiveness by Voltage Class, 2024 to 2034

Figure 148: Eastern Europe Market Attractiveness by Application, 2024 to 2034

Figure 149: Eastern Europe Market Attractiveness by End User, 2024 to 2034

Figure 150: Eastern Europe Market Attractiveness by Country, 2024 to 2034

Figure 151: South Asia and Pacific Market Value (US$ Million) by Mount Type, 2024 to 2034

Figure 152: South Asia and Pacific Market Value (US$ Million) by Voltage Class, 2024 to 2034

Figure 153: South Asia and Pacific Market Value (US$ Million) by Application, 2024 to 2034

Figure 154: South Asia and Pacific Market Value (US$ Million) by End User, 2024 to 2034

Figure 155: South Asia and Pacific Market Value (US$ Million) by Country, 2024 to 2034

Figure 156: South Asia and Pacific Market Value (US$ Million) Analysis by Country, 2019 to 2034

Figure 157: South Asia and Pacific Market Volume (Units) Analysis by Country, 2019 to 2034

Figure 158: South Asia and Pacific Market Value Share (%) and BPS Analysis by Country, 2024 to 2034

Figure 159: South Asia and Pacific Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034

Figure 160: South Asia and Pacific Market Value (US$ Million) Analysis by Mount Type, 2019 to 2034

Figure 161: South Asia and Pacific Market Volume (Units) Analysis by Mount Type, 2019 to 2034

Figure 162: South Asia and Pacific Market Value Share (%) and BPS Analysis by Mount Type, 2024 to 2034

Figure 163: South Asia and Pacific Market Y-o-Y Growth (%) Projections by Mount Type, 2024 to 2034

Figure 164: South Asia and Pacific Market Value (US$ Million) Analysis by Voltage Class, 2019 to 2034

Figure 165: South Asia and Pacific Market Volume (Units) Analysis by Voltage Class, 2019 to 2034

Figure 166: South Asia and Pacific Market Value Share (%) and BPS Analysis by Voltage Class, 2024 to 2034

Figure 167: South Asia and Pacific Market Y-o-Y Growth (%) Projections by Voltage Class, 2024 to 2034

Figure 168: South Asia and Pacific Market Value (US$ Million) Analysis by Application, 2019 to 2034

Figure 169: South Asia and Pacific Market Volume (Units) Analysis by Application, 2019 to 2034

Figure 170: South Asia and Pacific Market Value Share (%) and BPS Analysis by Application, 2024 to 2034

Figure 171: South Asia and Pacific Market Y-o-Y Growth (%) Projections by Application, 2024 to 2034

Figure 172: South Asia and Pacific Market Value (US$ Million) Analysis by End User, 2019 to 2034

Figure 173: South Asia and Pacific Market Volume (Units) Analysis by End User, 2019 to 2034

Figure 174: South Asia and Pacific Market Value Share (%) and BPS Analysis by End User, 2024 to 2034

Figure 175: South Asia and Pacific Market Y-o-Y Growth (%) Projections by End User, 2024 to 2034

Figure 176: South Asia and Pacific Market Attractiveness by Mount Type, 2024 to 2034

Figure 177: South Asia and Pacific Market Attractiveness by Voltage Class, 2024 to 2034

Figure 178: South Asia and Pacific Market Attractiveness by Application, 2024 to 2034

Figure 179: South Asia and Pacific Market Attractiveness by End User, 2024 to 2034

Figure 180: South Asia and Pacific Market Attractiveness by Country, 2024 to 2034

Figure 181: East Asia Market Value (US$ Million) by Mount Type, 2024 to 2034

Figure 182: East Asia Market Value (US$ Million) by Voltage Class, 2024 to 2034

Figure 183: East Asia Market Value (US$ Million) by Application, 2024 to 2034

Figure 184: East Asia Market Value (US$ Million) by End User, 2024 to 2034

Figure 185: East Asia Market Value (US$ Million) by Country, 2024 to 2034

Figure 186: East Asia Market Value (US$ Million) Analysis by Country, 2019 to 2034

Figure 187: East Asia Market Volume (Units) Analysis by Country, 2019 to 2034

Figure 188: East Asia Market Value Share (%) and BPS Analysis by Country, 2024 to 2034

Figure 189: East Asia Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034

Figure 190: East Asia Market Value (US$ Million) Analysis by Mount Type, 2019 to 2034

Figure 191: East Asia Market Volume (Units) Analysis by Mount Type, 2019 to 2034

Figure 192: East Asia Market Value Share (%) and BPS Analysis by Mount Type, 2024 to 2034

Figure 193: East Asia Market Y-o-Y Growth (%) Projections by Mount Type, 2024 to 2034

Figure 194: East Asia Market Value (US$ Million) Analysis by Voltage Class, 2019 to 2034

Figure 195: East Asia Market Volume (Units) Analysis by Voltage Class, 2019 to 2034

Figure 196: East Asia Market Value Share (%) and BPS Analysis by Voltage Class, 2024 to 2034

Figure 197: East Asia Market Y-o-Y Growth (%) Projections by Voltage Class, 2024 to 2034

Figure 198: East Asia Market Value (US$ Million) Analysis by Application, 2019 to 2034

Figure 199: East Asia Market Volume (Units) Analysis by Application, 2019 to 2034

Figure 200: East Asia Market Value Share (%) and BPS Analysis by Application, 2024 to 2034

Figure 201: East Asia Market Y-o-Y Growth (%) Projections by Application, 2024 to 2034

Figure 202: East Asia Market Value (US$ Million) Analysis by End User, 2019 to 2034

Figure 203: East Asia Market Volume (Units) Analysis by End User, 2019 to 2034

Figure 204: East Asia Market Value Share (%) and BPS Analysis by End User, 2024 to 2034

Figure 205: East Asia Market Y-o-Y Growth (%) Projections by End User, 2024 to 2034

Figure 206: East Asia Market Attractiveness by Mount Type, 2024 to 2034

Figure 207: East Asia Market Attractiveness by Voltage Class, 2024 to 2034

Figure 208: East Asia Market Attractiveness by Application, 2024 to 2034

Figure 209: East Asia Market Attractiveness by End User, 2024 to 2034

Figure 210: East Asia Market Attractiveness by Country, 2024 to 2034

Figure 211: Middle East and Africa Market Value (US$ Million) by Mount Type, 2024 to 2034

Figure 212: Middle East and Africa Market Value (US$ Million) by Voltage Class, 2024 to 2034

Figure 213: Middle East and Africa Market Value (US$ Million) by Application, 2024 to 2034

Figure 214: Middle East and Africa Market Value (US$ Million) by End User, 2024 to 2034

Figure 215: Middle East and Africa Market Value (US$ Million) by Country, 2024 to 2034

Figure 216: Middle East and Africa Market Value (US$ Million) Analysis by Country, 2019 to 2034

Figure 217: Middle East and Africa Market Volume (Units) Analysis by Country, 2019 to 2034

Figure 218: Middle East and Africa Market Value Share (%) and BPS Analysis by Country, 2024 to 2034

Figure 219: Middle East and Africa Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034

Figure 220: Middle East and Africa Market Value (US$ Million) Analysis by Mount Type, 2019 to 2034

Figure 221: Middle East and Africa Market Volume (Units) Analysis by Mount Type, 2019 to 2034

Figure 222: Middle East and Africa Market Value Share (%) and BPS Analysis by Mount Type, 2024 to 2034

Figure 223: Middle East and Africa Market Y-o-Y Growth (%) Projections by Mount Type, 2024 to 2034

Figure 224: Middle East and Africa Market Value (US$ Million) Analysis by Voltage Class, 2019 to 2034

Figure 225: Middle East and Africa Market Volume (Units) Analysis by Voltage Class, 2019 to 2034

Figure 226: Middle East and Africa Market Value Share (%) and BPS Analysis by Voltage Class, 2024 to 2034

Figure 227: Middle East and Africa Market Y-o-Y Growth (%) Projections by Voltage Class, 2024 to 2034

Figure 228: Middle East and Africa Market Value (US$ Million) Analysis by Application, 2019 to 2034

Figure 229: Middle East and Africa Market Volume (Units) Analysis by Application, 2019 to 2034

Figure 230: Middle East and Africa Market Value Share (%) and BPS Analysis by Application, 2024 to 2034

Figure 231: Middle East and Africa Market Y-o-Y Growth (%) Projections by Application, 2024 to 2034

Figure 232: Middle East and Africa Market Value (US$ Million) Analysis by End User, 2019 to 2034

Figure 233: Middle East and Africa Market Volume (Units) Analysis by End User, 2019 to 2034

Figure 234: Middle East and Africa Market Value Share (%) and BPS Analysis by End User, 2024 to 2034

Figure 235: Middle East and Africa Market Y-o-Y Growth (%) Projections by End User, 2024 to 2034

Figure 236: Middle East and Africa Market Attractiveness by Mount Type, 2024 to 2034

Figure 237: Middle East and Africa Market Attractiveness by Voltage Class, 2024 to 2034

Figure 238: Middle East and Africa Market Attractiveness by Application, 2024 to 2034

Figure 239: Middle East and Africa Market Attractiveness by End User, 2024 to 2034

Figure 240: Middle East and Africa Market Attractiveness by Country, 2024 to 2034