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.
Key Vendors
- ABB Ltd.
- GE Co.
- Regal Beloit Corp.
- Siemens AG