Electric Motors Market in North America, Forecast to 2024
Growing Need for Higher Efficiency Motors, Trend of Electrification and Growth in Factory Automation are the Top Market Drivers
  • This research presents the forecast scenario in the North American electric motors market from 2020 to 2024 –including sales by geographic regions, motor technologies, motor power ratings and major end-user industries.

    Geographic segments included are the United States and Canada.

    Motor technologies included are AC Induction/Asynchronous motor; AC Synchronous, which includes Permanent Magnet AC (PMAC) motor, reluctance motor and other synchronous motors; Brushed DC motor; brushless DC motor or electronically commutated motor; and servo & stepper motor.

    End-user segments include metals & mining, oil & gas, electric power generation, chemicals and petrochemicals, water and wastewater treatment, food & beverage, other process industries, discrete industries, medical devices and building automation, marine, heating, ventilation and air conditioning (HVAC), lawn and gardening equipment, and traction.

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