United States Electric Motors Market Insights, Forecast to 2029

United States Electric Motors Market Insights, Forecast to 2029

Table of Contents
1 STUDY COVERAGE 1
1.1 Electric Motors Product Introduction 1
1.2 Market by Type 1
1.2.1 United States Electric Motors Market Size Growth Rate by Type, 2018 VS 2022 VS 2029 1
1.2.2 DC Motors 3
1.2.3 AC Motors 3
1.3 Market by Application 4
1.3.1 United States Electric Motors Market Size Growth Rate by Application, 2018 VS 2022 VS 2029 4
1.3.2 Automotive 6
1.3.3 Industrial 6
1.3.4 Aerospace 6
1.3.5 Medical 6
1.3.6 Electronics 6
1.3.7 Energy 7
1.3.8 Agriculture 7
1.4 United States Electric Motors Revenue Estimates and Forecasts 2018-2029 7
1.5 United States Electric Motors Sales Estimates and Forecasts 2018-2029 9
1.6 Assumptions and Limitations 9
1.7 Study Objectives 10
1.8 Years Considered 11
2 COMPETITION BY MANUFACTURERS 12
2.1 United States Electric Motors Sales by Manufacturers 12
2.1.1 United States Electric Motors Sales by Manufacturers (2018-2023) 12
2.1.2 United States Electric Motors Sales Market Share by Manufacturers (2018-2023) 14
2.1.3 United States Top 10 and Top 5 Largest Manufacturers of Electric Motors in 2022 16
2.2 United States Electric Motors Revenue by Manufacturers 17
2.2.1 United States Electric Motors Revenue by Manufacturers (2018-2023) 17
2.2.2 United States Electric Motors Revenue Market Share by Manufacturers (2018-2023) 20
2.2.3 United States Top 10 and Top 5 Companies by Electric Motors Revenue in 2022 22
2.3 United States Key Players of Electric Motors, Industry Ranking, 2021 VS 2022 22
2.4 United States Electric Motors Sales Price by Manufacturers (2018-2023) 23
2.5 Analysis of Competitive Landscape 26
2.5.1 Manufacturers Market Concentration Ratio (CR5 and HHI) 26
2.5.2 United States Electric Motors Market Share by Company Type (Tier 1, Tier 2, and Tier 3) 26
2.6 United States Key Manufacturers of Electric Motors, Manufacturing Base Distribution and Headquarters 28
2.7 United States Key Manufacturers of Electric Motors, Product Offered and Application 30
2.8 United States Key Manufacturers of Electric Motors, Date of Enter into This Industry 32
2.9 Mergers & Acquisitions, Expansion Plans 34
3 MARKET SIZE BY TYPE 35
3.1 United States Electric Motors Sales by Type 35
3.1.1 United States Electric Motors Historical Sales by Type (2018-2023) 35
3.1.2 United States Electric Motors Forecasted Sales by Type (2024-2029) 35
3.1.3 United States Electric Motors Sales Market Share by Type (2018-2029) 36
3.2 United States Electric Motors Revenue by Type 37
3.2.1 United States Electric Motors Historical Revenue by Type (2018-2023) 37
3.2.2 United States Electric Motors Forecasted Revenue by Type (2024-2029) 38
3.2.3 United States Electric Motors Revenue Market Share by Type (2018-2029) 38
3.3 United States Electric Motors Price by Type 39
3.3.1 United States Electric Motors Price by Type (2018-2023) 39
3.3.2 United States Electric Motors Price Forecast by Type (2024-2029) 40
4 MARKET SIZE BY APPLICATION 41
4.1 United States Electric Motors Sales By Application 41
4.1.1 United States Electric Motors Historical Sales By Application (2018-2023) 41
4.1.2 United States Electric Motors Forecasted Sales By Application (2024-2029) 41
4.1.3 United States Electric Motors Sales Market Share By Application (2018-2029) 42
4.2 United States Electric Motors Revenue By Application 43
4.2.1 United States Electric Motors Historical Revenue By Application (2018-2023) 43
4.2.2 United States Electric Motors Forecasted Revenue By Application (2024-2029) 44
4.2.3 United States Electric Motors Revenue Market Share By Application (2018-2029) 44
4.3 United States Electric Motors Price By Application 45
4.3.1 United States Electric Motors Price By Application (2018-2023) 45
4.3.2 United States Electric Motors Price Forecast By Application (2024-2029) 46
5 CORPORATE PROFILE 47
5.1 Tesla 47
5.1.1 Tesla Company Information 47
5.1.2 Tesla Overview 47
5.1.3 Tesla in United States: Electric Motors Sales, Price, Revenue and Gross Margin (2018-2023) 48
5.1.4 Tesla Electric Motors Product Model Numbers, Pictures, Descriptions and Specifications 48
5.1.5 Tesla Recent Developments 48
5.2 General Electric 49
5.2.1 General Electric Company Information 49
5.2.2 General Electric Overview 49
5.2.3 General Electric in United States: Electric Motors Sales, Price, Revenue and Gross Margin (2018-2023) 49
5.2.4 General Electric Electric Motors Product Model Numbers, Pictures, Descriptions and Specifications 50
5.2.5 General Electric Recent Developments 50
5.3 ABB 50
5.3.1 ABB Company Information 50
5.3.2 ABB Overview 51
5.3.3 ABB in United States: Electric Motors Sales, Price, Revenue and Gross Margin (2018-2023) 51
5.3.4 ABB Electric Motors Product Model Numbers, Pictures, Descriptions and Specifications 52
5.3.5 ABB Recent Developments 52
5.4 Nidec 52
5.4.1 Nidec Company Information 52
5.4.2 Nidec Overview 53
5.4.3 Nidec in United States: Electric Motors Sales, Price, Revenue and Gross Margin (2018-2023) 53
5.4.4 Nidec Electric Motors Product Model Numbers, Pictures, Descriptions and Specifications 53
5.4.5 Nidec Recent Developments 54
5.5 Regal Beloit 54
5.5.1 Regal Beloit Company Information 54
5.5.2 Regal Beloit Overview 54
5.5.3 Regal Beloit in United States: Electric Motors Sales, Price, Revenue and Gross Margin (2018-2023) 55
5.5.4 Regal Beloit Electric Motors Product Model Numbers, Pictures, Descriptions and Specifications 55
5.5.5 Regal Beloit Recent Developments 55
5.6 Marathon Electric 56
5.6.1 Marathon Electric Company Information 56
5.6.2 Marathon Electric Overview 56
5.6.3 Marathon Electric in United States: Electric Motors Sales, Price, Revenue and Gross Margin (2018-2023) 57
5.6.4 Marathon Electric Electric Motors Product Model Numbers, Pictures, Descriptions and Specifications 57
5.6.5 Marathon Electric Recent Developments 57
5.7 Brook Crompton 58
5.7.1 Brook Crompton Company Information 58
5.7.2 Brook Crompton Overview 58
5.7.3 Brook Crompton in United States: Electric Motors Sales, Price, Revenue and Gross Margin (2018-2023) 58
5.7.4 Brook Crompton Electric Motors Product Model Numbers, Pictures, Descriptions and Specifications 59
5.7.5 Brook Crompton Recent Developments 59
5.8 UQM Technologies 59
5.8.1 UQM Technologies Company Information 59
5.8.2 UQM Technologies Overview 60
5.8.3 UQM Technologies in United States: Electric Motors Sales, Price, Revenue and Gross Margin (2018-2023) 60
5.8.4 UQM Technologies Electric Motors Product Model Numbers, Pictures, Descriptions and Specifications 61
5.8.5 UQM Technologies Recent Developments 61
5.9 Remy International 61
5.9.1 Remy International Company Information 61
5.9.2 Remy International Overview 62
5.9.3 Remy International in United States: Electric Motors Sales, Price, Revenue and Gross Margin (2018-2023) 62
5.9.4 Remy International Electric Motors Product Model Numbers, Pictures, Descriptions and Specifications 62
5.9.5 Remy International Recent Developments 63
5.10 HPEVS 63
5.10.1 HPEVS Company Information 63
5.10.2 HPEVS Overview 63
5.10.3 HPEVS in United States: Electric Motors Sales, Price, Revenue and Gross Margin (2018-2023) 64
5.10.4 HPEVS Electric Motors Product Model Numbers, Pictures, Descriptions and Specifications 64
5.10.5 HPEVS Recent Developments 64
5.11 Electric Motor 65
5.11.1 Electric Motor Company Information 65
5.11.2 Electric Motor Overview 65
5.11.3 Electric Motor in United States: Electric Motors Sales, Price, Revenue and Gross Margin (2018-2023) 66
5.11.4 Electric Motor Electric Motors Product Model Numbers, Pictures, Descriptions and Specifications 66
5.11.5 Electric Motor Recent Developments 66
5.12 Parker Hannifin 67
5.12.1 Parker Hannifin Company Information 67
5.12.2 Parker Hannifin Overview 67
5.12.3 Parker Hannifin in United States: Electric Motors Sales, Price, Revenue and Gross Margin (2018-2023) 67
5.12.4 Parker Hannifin Electric Motors Product Model Numbers, Pictures, Descriptions and Specifications 68
5.12.5 Parker Hannifin Recent Developments 68
5.13 AMETEK 68
5.13.1 AMETEK Company Information 68
5.13.2 AMETEK Overview 69
5.13.3 AMETEK in United States: Electric Motors Sales, Price, Revenue and Gross Margin (2018-2023) 69
5.13.4 AMETEK Electric Motors Product Model Numbers, Pictures, Descriptions and Specifications 70
5.13.5 AMETEK Recent Developments 70
5.14 Allied Motion 70
5.14.1 Allied Motion Company Information 70
5.14.2 Allied Motion Overview 71
5.14.3 Allied Motion in United States: Electric Motors Sales, Price, Revenue and Gross Margin (2018-2023) 71
5.14.4 Allied Motion Electric Motors Product Model Numbers, Pictures, Descriptions and Specifications 71
5.14.5 Allied Motion Recent Developments 72
5.15 Kollmorgen 72
5.15.1 Kollmorgen Company Information 72
5.15.2 Kollmorgen Overview 72
5.15.3 Kollmorgen in United States: Electric Motors Sales, Price, Revenue and Gross Margin (2018-2023) 73
5.15.4 Kollmorgen Electric Motors Product Model Numbers, Pictures, Descriptions and Specifications 73
5.15.5 Kollmorgen Recent Developments 73
5.16 McMillan Electric 74
5.16.1 McMillan Electric Company Information 74
5.16.2 McMillan Electric Overview 74
5.16.3 McMillan Electric in United States: Electric Motors Sales, Price, Revenue and Gross Margin (2018-2023) 75
5.16.4 McMillan Electric Electric Motors Product Model Numbers, Pictures, Descriptions and Specifications 75
5.16.5 McMillan Electric Recent Developments 75
5.17 Siemens 76
5.17.1 Siemens Company Information 76
5.17.2 Siemens Overview 76
5.17.3 Siemens in United States: Electric Motors Sales, Price, Revenue and Gross Margin (2018-2023) 76
5.17.4 Siemens Electric Motors Product Model Numbers, Pictures, Descriptions and Specifications 77
5.17.5 Siemens Recent Developments 77
5.18 Baldor Electric 77
5.18.1 Baldor Electric Company Information 77
5.18.2 Baldor Electric Overview 78
5.18.3 Baldor Electric in United States: Electric Motors Sales, Price, Revenue and Gross Margin (2018-2023) 78
5.18.4 Baldor Electric Electric Motors Product Model Numbers, Pictures, Descriptions and Specifications 79
5.18.5 Baldor Electric Recent Developments 79
6 INDUSTRY CHAIN AND SALES CHANNELS ANALYSIS 80
6.1 Electric Motors Industry Chain Analysis 80
6.2 Electric Motors Key Raw Materials 80
6.2.1 Key Raw Materials 80
6.2.2 Raw Materials Key Suppliers 81
6.3 Electric Motors Production Mode & Process 81
6.4 Electric Motors Sales and Marketing 82
6.4.1 Electric Motors Sales Channels 82
6.4.2 Electric Motors Distributors 82
6.5 Electric Motors Customers 83
7 ELECTRIC MOTORS MARKET DYNAMICS 84
7.1.1 Electric Motors Industry Trends 84
7.1.2 Electric Motors Market Drivers 84
7.1.3 Electric Motors Market Challenges 85
7.1.4 Electric Motors Market Restraints 85
8 KEY FINDINGS IN THE UNITED STATES ELECTRIC MOTORS STUDY 86
9 APPENDIX 87
9.1 Research Methodology 87
9.1.1 Methodology/Research Approach 87
9.1.2 Data Source 90
9.2 Author Details 92
9.3 Disclaimer 95
List of Tables
Table 1. United States Electric Motors Market Size Growth Rate by Type, 2018 VS 2022 VS 2029 (US$ Million) 1
Table 2. Major Manufacturers of AC Motors 4
Table 3. United States Electric Motors Market Size Growth Rate by Application, 2018 VS 2022 VS 2029 (US$ Million) 4
Table 4. United States Electric Motors Sales by Manufacturers (2018-2023) & (K Units) 12
Table 5. United States Electric Motors Sales Share by Manufacturers (2018-2023) 14
Table 6. United States Electric Motors Revenue by Manufacturers (2018-2023) & (US$ Million) 17
Table 7. United States Electric Motors Revenue Market Share by Manufacturers (2018-2023) 20
Table 8. United States Key Players of Electric Motors, Industry Ranking, 2021 VS 2022 VS 2023 22
Table 9. Electric Motors Price by Manufacturers (2018-2023) & (USD/Unit) 24
Table 10. United States Electric Motors Manufacturers Market Concentration Ratio (CR5 and HHI) 26
Table 11. United States Electric Motors by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Electric Motors as of 2022) 27
Table 12. United States Key Manufacturers of Electric Motors, Manufacturing Base Distribution and Headquarters 28
Table 13. United States Key Manufacturers of Electric Motors, Product Offered and Application 30
Table 14. United States Key Manufacturers of Electric Motors, Date of Enter into This Industry 32
Table 15. Mergers & Acquisitions, Expansion Plans 34
Table 16. United States Electric Motors Sales by Type (2018-2023) & (K Units) 35
Table 17. United States Electric Motors Sales by Type (2024-2029) & (K Units) 35
Table 18. United States Electric Motors Sales Share by Type (2018-2023) 36
Table 19. United States Electric Motors Sales Share by Type (2024-2029) 36
Table 20. United States Electric Motors Revenue by Type (2018-2023) & (US$ Million) 37
Table 21. United States Electric Motors Revenue by Type (2024-2029) & (US$ Million) 38
Table 22. United States Electric Motors Revenue Share by Type (2018-2023) 38
Table 23. United States Electric Motors Revenue Share by Type (2024-2029) 39
Table 24. Electric Motors Price by Type (2018-2023) & (USD/Unit) 39
Table 25. United States Electric Motors Price Forecast by Type (2024-2029) & (USD/Unit) 40
Table 26. United States Electric Motors Sales By Application (2018-2023) & (K Units) 41
Table 27. United States Electric Motors Sales By Application (2024-2029) & (K Units) 41
Table 28. United States Electric Motors Sales Share By Application (2018-2023) 42
Table 29. United States Electric Motors Sales Share By Application (2024-2029) 42
Table 30. United States Electric Motors Revenue By Application (2018-2023) & (US$ Million) 43
Table 31. United States Electric Motors Revenue By Application (2024-2029) & (US$ Million) 44
Table 32. United States Electric Motors Revenue Share By Application (2018-2023) 44
Table 33. United States Electric Motors Revenue Share By Application (2024-2029) 45
Table 34. Electric Motors Price By Application (2018-2023) & (USD/Unit) 45
Table 35. United States Electric Motors Price Forecast By Application (2024-2029) & (USD/Unit) 46
Table 36. Tesla Company Information 47
Table 37. Tesla Description and Major Businesses 47
Table 38. Tesla Electric Motors Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2018-2023) 48
Table 39. Tesla Electric Motors Product Model Numbers, Pictures, Descriptions and Specifications 48
Table 40. Tesla Recent Developments 48
Table 41. General Electric Company Information 49
Table 42. General Electric Description and Major Businesses 49
Table 43. General Electric Electric Motors Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2018-2023) 49
Table 44. General Electric Electric Motors Product Model Numbers, Pictures, Descriptions and Specifications 50
Table 45. General Electric Recent Developments 50
Table 46. ABB Company Information 50
Table 47. ABB Description and Major Businesses 51
Table 48. ABB Electric Motors Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2018-2023) 51
Table 49. ABB Electric Motors Product Model Numbers, Pictures, Descriptions and Specifications 52
Table 50. ABB Recent Developments 52
Table 51. Nidec Company Information 52
Table 52. Nidec Description and Major Businesses 53
Table 53. Nidec Electric Motors Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2018-2023) 53
Table 54. Nidec Electric Motors Product Model Numbers, Pictures, Descriptions and Specifications 53
Table 55. Nidec Recent Developments 54
Table 56. Regal Beloit Company Information 54
Table 57. Regal Beloit Description and Major Businesses 54
Table 58. Regal Beloit Electric Motors Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2018-2023) 55
Table 59. Regal Beloit Electric Motors Product Model Numbers, Pictures, Descriptions and Specifications 55
Table 60. Regal Beloit Recent Developments 55
Table 61. Marathon Electric Company Information 56
Table 62. Marathon Electric Description and Major Businesses 56
Table 63. Marathon Electric Electric Motors Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2018-2023) 57
Table 64. Marathon Electric Electric Motors Product Model Numbers, Pictures, Descriptions and Specifications 57
Table 65. Marathon Electric Recent Developments 57
Table 66. Brook Crompton Company Information 58
Table 67. Brook Crompton Description and Major Businesses 58
Table 68. Brook Crompton Electric Motors Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2018-2023) 58
Table 69. Brook Crompton Electric Motors Product Model Numbers, Pictures, Descriptions and Specifications 59
Table 70. Brook Crompton Recent Developments 59
Table 71. UQM Technologies Company Information 59
Table 72. UQM Technologies Description and Major Businesses 60
Table 73. UQM Technologies Electric Motors Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2018-2023) 60
Table 74. UQM Technologies Electric Motors Product Model Numbers, Pictures, Descriptions and Specifications 61
Table 75. UQM Technologies Recent Developments 61
Table 76. Remy International Company Information 61
Table 77. Remy International Description and Major Businesses 62
Table 78. Remy International Electric Motors Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2018-2023) 62
Table 79. Remy International Electric Motors Product Model Numbers, Pictures, Descriptions and Specifications 62
Table 80. Remy International Recent Developments 63
Table 81. HPEVS Company Information 63
Table 82. HPEVS Description and Major Businesses 63
Table 83. HPEVS Electric Motors Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2018-2023) 64
Table 84. HPEVS Electric Motors Product Model Numbers, Pictures, Descriptions and Specifications 64
Table 85. HPEVS Recent Developments 64
Table 86. Electric Motor Company Information 65
Table 87. Electric Motor Description and Major Businesses 65
Table 88. Electric Motor Electric Motors Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2018-2023) 66
Table 89. Electric Motor Electric Motors Product Model Numbers, Pictures, Descriptions and Specifications 66
Table 90. Electric Motor Recent Developments 66
Table 91. Parker Hannifin Company Information 67
Table 92. Parker Hannifin Description and Major Businesses 67
Table 93. Parker Hannifin Electric Motors Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2018-2023) 67
Table 94. Parker Hannifin Electric Motors Product Model Numbers, Pictures, Descriptions and Specifications 68
Table 95. Parker Hannifin Recent Developments 68
Table 96. AMETEK Company Information 68
Table 97. AMETEK Description and Major Businesses 69
Table 98. AMETEK Electric Motors Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2018-2023) 69
Table 99. AMETEK Electric Motors Product Model Numbers, Pictures, Descriptions and Specifications 70
Table 100. AMETEK Recent Developments 70
Table 101. Allied Motion Company Information 70
Table 102. Allied Motion Description and Major Businesses 71
Table 103. Allied Motion Electric Motors Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2018-2023) 71
Table 104. Allied Motion Electric Motors Product Model Numbers, Pictures, Descriptions and Specifications 71
Table 105. Allied Motion Recent Developments 72
Table 106. Kollmorgen Company Information 72
Table 107. Kollmorgen Description and Major Businesses 72
Table 108. Kollmorgen Electric Motors Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2018-2023) 73
Table 109. Kollmorgen Electric Motors Product Model Numbers, Pictures, Descriptions and Specifications 73
Table 110. Kollmorgen Recent Developments 73
Table 111. McMillan Electric Company Information 74
Table 112. McMillan Electric Description and Major Businesses 74
Table 113. McMillan Electric Electric Motors Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2018-2023) 75
Table 114. McMillan Electric Electric Motors Product Model Numbers, Pictures, Descriptions and Specifications 75
Table 115. McMillan Electric Recent Developments 75
Table 116. Siemens Company Information 76
Table 117. Siemens Description and Major Businesses 76
Table 118. Siemens Electric Motors Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2018-2023) 76
Table 119. Siemens Electric Motors Product Model Numbers, Pictures, Descriptions and Specifications 77
Table 120. Siemens Recent Developments 77
Table 121. Baldor Electric Company Information 77
Table 122. Baldor Electric Description and Major Businesses 78
Table 123. Baldor Electric Electric Motors Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2018-2023) 78
Table 124. Baldor Electric Electric Motors Product Model Numbers, Pictures, Descriptions and Specifications 79
Table 125. Baldor Electric Recent Developments 79
Table 126. Key Raw Materials Lists 80
Table 127. Raw Materials Key Suppliers Lists 81
Table 128. Electric Motors Distributors List 82
Table 129. Electric Motors Customers List 83
Table 130. Electric Motors Market Trends 84
Table 131. Electric Motors Market Drivers 84
Table 132. Electric Motors Market Challenges 85
Table 133. Electric Motors Market Restraints 85
Table 134. Research Programs/Design for This Report 87
Table 135. Key Data Information from Secondary Sources 90
Table 136. Key Data Information from Primary Sources 91
Table 137. QYR Business Unit and Senior & Team Lead Analysts 93

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