Market Size Value in | US$ 12,968.5 Million in 2021 |
Market Size Value by | US$ 23,639.4 Million by 2028 |
Growth rate | CAGR of 9.0% from 2021 to 2028 |
Forecast Period | 2021-2028 |
Base Year | 2021 |
No. of Pages | 171 |
No. Tables | 83 |
No. of Charts & Figures | 85 |
Historical data available | Yes |
Segments covered | Type, and Application |
Regional scope | North America; Europe; Asia Pacific; Latin America; MEA |
Country scope | US, UK, Canada, Germany, France, Italy, Australia, Russia, China, Japan, South Korea, Saudi Arabia, Brazil, Argentina |
Report coverage | Revenue forecast, company ranking, competitive landscape, growth factors, and trends |
Electric DC Motors Market: Competitive Landscape and Key Developments
Johnson Electric Holdings Limited, Nidec Corporation, Siemens AG, AMETEK Inc., and ABB Ltd are among the key players profiled in the electric DC motors market study. Several market players were analyzed to acquire a holistic view of the global electric DC motors market and its ecosystem.
In 2022, Maxon Motors launched a new ventilated brushless DC motor with power level improvement.
In 2021, Johnson Electric launched LVDC motors for smart furniture. It is designed for actuators used in smart furniture products, such as smart recliners, hospital beds, and height adjustable desks.
Edited by Lisa
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