Global Electric Motor Market Size, Share, Global Trends, Company Profiles, Demand, Insights, Analysis, Research, Report, Opportunities, Segmentation and Forecast 2013 - 2020

Global Electric Motor Market (Motor Types, Applications, Output Power, Geography) - Size, Share, Global Trends, Company Profiles, Demand, Insights, Analysis, Research, Report, Opportunities, Segmentation and Forecast, 2013 - 2020

Report Overview:

Research Beam adds a report titled “Global Electric Motor Market (Motor Types, Applications, Output Power, Geography) - Size, Share, Global Trends, Company Profiles, Demand, Insights, Analysis, Research, Report, Opportunities, Segmentation and Forecast, 2013 - 2020” that provides latest market trends and opportunities. The report offers detailed analysis of the Electric Motor Market.

Complete report is available at:

http://www.researchbeam.com/electric-motor-market

Electric motors convert electronic energy into mechanical energy for various applications. The global electric components and equipments market was projected to have market share of $103 billion in 2012 and is expected to grow at a CAGR of around 7% for the next five years. Electric motors are energy efficient and they address the growing demand of energy conservation, which is one of the key drivers for the growth of the electric motor market. Energy conservation would increase the demand for electric motors and it is one of the reasons why the companies keen to invest more in the market. Additionally, increased application of the technology in industrial machinery, motor vehicles and aerospace & transportation industry is expected to enhance the market growth further. Furthermore, with advances in technology, newer and better equipment are being manufactured. These newly developed equipment have a good replacement market for the old and out-dated electric motors. In the current global scenario, energy efficiency is driving a lot of attention and governments are also offering tax rebates and other facilities for use of energy efficient electric motors, which is another driver for the market growth.

However, the key restraint for the market...