Global Electric Motors Market Is Expected to Grow More Than Usd$ 130 Billion by 2020 - by Market Research Engine

Global Electric Motors Market is Expected to Grow more than USD$

130 Billion by 2020 - by Market Research Engine

New York, June 22: Market Research Engine has published a new report titled as

“Electric Motors Market (AC motors, DC motors, Hermetic motors) - Global

Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020”

Electric motor is a mechanism which changes the electrical energy into mechanical energy.

Every kind of motor working in different way but all motor uses the power of the

electromagnetic field. The fundamental design behind electric motor is first apply electricity

into one end of electric motor then metal rod is rotating and generates power which gives

force to various machines at another end. For converting electric energy into mechanical

energy electric motor uses different forces and theory such as electricity, magnesium,

inertia and angular momentum and electric current, alternating current, faradays theory

and more. It contain main two kinds of mechanism the first one is stator oso called as

winding a which is static part contain magnet around the frame of the motor container.

Another component is rotor which is rotating part of motor present within the stator contain

cummutator is coil build on axle which rotates around at high rate.

Browse Full Report: http://www.marketresearchengine.com/reportdetails/electricmotors-market-ac-motors-dc-motors-hermetic-motors-global-industry-analysis-size-sharegrowth-trends-and-forecast-2014-2020

The electric motor market is expected to exceed more than USD$130 billion by 2020.

The major driving factors of electric motor market are as follows:

o Electric motor have resourceful energy.

o Growing requirement in industrial sector.

o Increasing alertness about electric vehicles and green vehicle among consumer.

o Rising requirement in farming divison.

o Government supporting for high efficient electric motor.

o Growing demand for HVAC applications.

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