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Report overview
The global Electric AC Motors market was valued at US$ 76570 million in 2023 and is projected to reach US$ 132070 million by 2030, at a CAGR of 7.7% during the forecast period.
The USA market for Global Electric AC Motors market is estimated to increase from USD million in 2023 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
The China market for Global Electric AC Motors market is estimated to increase from USD million in 2023 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
The Europe market for Global Electric AC Motors market is estimated to increase from USD million in 2023 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
This research report provides a comprehensive analysis of the Electric AC Motors market, focusing on the current trends, market dynamics, and future prospects. The report explores the global Electric AC Motors market, including major regions such as North America, Europe, Asia-Pacific, and emerging markets. It also examines key factors driving the growth of Electric AC Motors, challenges faced by the industry, and potential opportunities for market players.
The global Electric AC Motors market has witnessed rapid growth in recent years, driven by increasing environmental concerns, government incentives, and advancements in technology. The Electric AC Motors market presents opportunities for various stakeholders, including Industrial, Motor Vehicles. Collaboration between the private sector and governments can accelerate the development of supportive policies, research and development efforts, and investment in Electric AC Motors market. Additionally, the growing consumer demand present avenues for market expansion.
According to the National Bureau of Statistics, in 2022, China's power generation was 8.8 trillion kWh, with a year-on-year increase of 3.7%. And the top three power generation methods were thermal power, hydropower and wind power. The per capita electricity consumption of residents was 947 kW. In 2022, China's installed power generation capacity were about 2.56 billion kilowatts, with a year-on-year increase of 7.8%. The utilization hours of power generation equipment in power plants of 6,000 kilowatts and above in the country were 3,687 hours, with a decrease of 125 hours over the same period of the previous year. The investment in power supply engineering construction of major power generation enterprises reached 720.8 billion yuan, with a year-on-year increase of 22.8%. The investment in power grid engineering construction reached 501.2 billion yuan, with a year-on-year increase of 2.0%. According to data released by the International Energy Agency, the global economy gradually recovered in 2022. With the influence of the rising energy prices, the global electricity demand in 2022 was 26,776 billion kWh, which increased 1.9% year-on-year. The generating capacity was 28,642 billion kWh, with the increase of 1.8% year-on-year. Among them, the United States generated 42.4 billion kWh of electricity in 2022, and Japan's total electricity consumption was 989.2 billion kWh, with the 7782 kWh per capita.
Key Features:
The research report on the Electric AC Motors market includes several key features to provide comprehensive insights and facilitate decision-making for stakeholders.
Executive Summary: The report provides overview of the key findings, market trends, and major insights of the Electric AC Motors market.
Market Overview: The report provides a comprehensive overview of the Electric AC Motors market, including its definition, historical development, and current market size. It covers market segmentation by Type (e.g., Synchronous, Induction), region, and application, highlighting the key drivers, challenges, and opportunities within each segment.
Market Dynamics: The report analyses the market dynamics driving the growth and development of the Electric AC Motors market. The report includes an assessment of government policies and regulations, technological advancements, consumer trends and preferences, infrastructure development, and industry collaborations. This analysis helps stakeholders understand the factors influencing the Electric AC Motors market's trajectory.
Competitive Landscape: The report provides an in-depth analysis of the competitive landscape within the Electric AC Motors market. It includes profiles of major market players, their market share, strategies, product portfolios, and recent developments.
Market Segmentation and Forecast: The report segment the Electric AC Motors market based on various parameters, such as by Type, region, and by Application. It provides market size and growth forecasts for each segment, supported by quantitative data and analysis. This helps stakeholders identify growth opportunities and make informed investment decisions.
Technological Trends: The report should highlight the key technological trends shaping the Electric AC Motors market, such as advancements in Type One technology and emerging substitutes. It analyses the impact of these trends on market growth, adoption rates, and consumer preferences.
Market Challenges and Opportunities: The report identify and analyses the major challenges faced by the Electric AC Motors market, such as technical bottleneck, cost limitations, and high entry barrier. It also highlights the opportunities for market growth, such as government incentives, emerging markets, and collaborations between stakeholders.
Regulatory and Policy Analysis: The report should assess the regulatory and policy landscape for Electric AC Motors, including government incentives, emission standards, and infrastructure development plans. It should analyse the impact of these policies on market growth and provide insights into future regulatory developments.
Recommendations and Conclusion: The report conclude with actionable recommendations for stakeholders, such as Application One Consumer, policymakers, investors, and infrastructure providers. These recommendations should be based on the research findings and address key challenges and opportunities within the Electric AC Motors market.
Supporting Data and Appendices: The report include supporting data, charts, and graphs to substantiate the analysis and findings. It also includes appendices with additional detailed information, such as data sources, survey questionnaires, and detailed market forecasts.
Market Segmentation
Electric AC Motors market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
Market segment by Application
Global Electric AC Motors Market Segment Percentages, By Region and Country, 2023 (%)
Major players covered
Outline of Major Chapters:
