A machine which converts electrical energy into usable mechanical energy is termed as an electric motor. Motors are used in various applications like industrial pumps, machine tools, power tools and household appliances. Motors can be classified based on the output power ratings and mode of working. They are widely used in various industries such as the Automotive, HVAC, Industrial Machinery, and Household Appliances.
Analysts forecast the US Electric Motors market to grow at a CAGR of 4.56 percent over the period 2013-2018.
Covered in this Report
This report covers the present scenario and growth prospects of Electric Motors market in the US during the period 2013-2018. To calculate the market size and the vendor share, the report considers revenue generated from the sales of following types of electric motors: AC motors, DC motors and Hermitically-sealed Motors
Electric Motors market in the US 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the US; it also covers the Electric Motors market in the US landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
- ABB Ltd.
- GE Co.
- Regal Beloit Corp.
- Siemens AG