AC Motors is an electric motor driven by alternating current (AC). The AC Motor commonly consists of two basic parts, an outside stationary stator having coils supplied with alternating current to produce a rotating magnetic field, called ?stator? ;and an inside rotor attached to the output shaft producing a second rotating magnetic field and output kinetic energy, namely ?rotor?. In this report we mainly talk about the AC Motors power is larger than 1HP.
This report aims to provide a comprehensive presentation of the global market for AC Motor, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding AC Motor. This report contains market size and forecasts of AC Motor in global, including the following market information:
Global AC Motor Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global AC Motor Market Sales, 2018-2023, 2024-2029, (K KW)
Global top five AC Motor companies in 2022 (%)
The global AC Motor market was valued at US$ 18460 million in 2022 and is projected to reach US$ 20530 million by 2029, at a CAGR of 1.5% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
China is the largest AC Motor market with about 44% market share. North America is follower, accounting for about 20% market share.
The key players are ABB, Siemens, Brook Crompton, Regal Beloit, TMEIC, Nidec Corp, Yaskawa, Lenze, WEG, Sicme Motori, T-T Electric, Wolong Electric, Haerbin Electric, Changsha Motor Factory, Tellhow Shenyang Electric Machine, XEMC, Yongji Xinshisu Electric Equipment, Shanghai Electric Group, Jiangsu Dazhong, Nanyang Explosion Protection Group, Simo Motor, SEC Electric Machinery etc. Top 3 companies occupied about 31% market share.
We surveyed the AC Motor manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global AC Motor Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K KW)
Global AC Motor Market Segment Percentages, by Type, 2022 (%)
- Synchronous Motors
- Induction Motors
Global AC Motor Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K KW)
Global AC Motor Market Segment Percentages, by Application, 2022 (%)
- Water Pump
- Machine Tool
- Train
- Compressor
- Ventilator
- Others
Global AC Motor Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K KW)
Global AC Motor Market Segment Percentages, By Region and Country, 2022 (%)
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- Italy
- Russia
- Nordic Countries
- Benelux
- Rest of Europe
- Asia
- China
- Japan
- South Korea
- Southeast Asia
- India
- Rest of Asia
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- Turkey
- Israel
- Saudi Arabia
- UAE
- Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies AC Motor revenues in global market, 2018-2023 (Estimated), ($ millions)
- Key companies AC Motor revenues share in global market, 2022 (%)
- Key companies AC Motor sales in global market, 2018-2023 (Estimated), (K KW)
- Key companies AC Motor sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
- ABB
- Siemens
- Brook Crompton
- Regal Beloit
- TMEIC
- Nidec Corp
- Yaskawa
- Lenze
- WEG
- Sicme Motori
- T-T Electric
- Wolong Electric
- Haerbin Electric
- Changsha Motor Factory
- Tellhow Shenyang Electric Machine
- XEMC
- Yongji Xinshisu Electric Equipment
- Shanghai Electric Group
- Jiangsu Dazhong
- Nanyang Explosion Protection Group
- Simo Motor
- SEC Electric Machinery
Outline of Major Chapters:
- Chapter 1: Introduces the definition of AC Motor, market overview.
- Chapter 2: Global AC Motor market size in revenue and volume.
- Chapter 3: Detailed analysis of AC Motor manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
- Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
- Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
- Chapter 6: Sales of AC Motor in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
- Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
- Chapter 8: Global AC Motor capacity by region & country.
- Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
- Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
- Chapter 11: The main points and conclusions of the report.
