North America Electric DC Motor Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Brushed DC Motors and Brushless DC Motors), Speed (Low, Medium, and High), and Application (Industrial Machinery, Automotive & Transportation, HVAC Equipment, Aerospace & Defense, Household Appliances, and Others)
The North America electric DC motor market is expected to reach US$ 6,355.1 million by 2028 from US$ 3,784.5 million in 2021. The market is estimated to grow at a CAGR of 7.7% from 2021 to 2028.
Heating, ventilation, and air conditioning (HVAC) systems maintain interior air quality and provide thermal comfort. According to the US Department of Energy, the demand for HVAC equipment in 2020 was 10% higher than in 2019. They are a crucial aspect of modern infrastructure, especially in large office buildings and commercial malls. Electric DC motors are often used in HVAC systems to extend their life, power, and airflow efficiency. These factors are propelling the requirement for HVAC systems across the region, thereby driving the demand for electric DC motors.
With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the North America electric DC motor market. The North America electric DC motor market is expected to grow at a good CAGR during the forecast period.
North America Electric DC Motor Market Revenue and Forecast to 2028 (US$ Million)
Get more information on this report :
North America Electric DC Motor Market Segmentation
By Type
- Brushed DC Motors
- Brushless DC Motors
By Speed
- Low
- Medium
- High
By Application
- Industrial Machinery
- Automotive and Transportation
- HVAC Equipment
- Aerospace & Defense
- Household Appliances
- Others
By Country
- US
- Canada
- Mexico
Companies Mentioned
- ABB Ltd
- AMETEK Inc.
- Yaskawa Electric Corporation
- Johnson Electric Holdings Limited
- Nidec Corporation
- Siemens AG
- Allied Motion Technologies Inc.
- MinebeaMitsumi, Inc.
- Maxon Motors AG
- Regal Rexnord Corporation
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. North America Electric DC Motors Market- Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. North America Electric DC Motors Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 North America – PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion
4.5 Premium Insights
4.5.1 Brushless DC Motor in Automotive Application
4.5.2 Brushed DC Motor in Automotive Application
4.5.3 Prominent Players Operating in Brushed and Brushless DC Motor in Automotive Application
5. North America Electric DC Motors Market – Key Industry Dynamics
5.1 Market Drivers
5.1.1 Increasing Demand for HVAC Systems
5.1.2 Rising Adoption of Brushless DC Motor
5.2 Market Restraints
5.2.1 Low-Quality and Inexpensive Electric DC Motors
5.3 Market Opportunities
5.3.1 Adoption of Brushless DC Motors in Manufacturing of Electric Vehicle
5.4 Future Trends
5.4.1 Growing Penetration of Industrial Automation
5.5 Impact Analysis of Drivers and Restraints
6. North America Electric DC Motors– Country Market Analysis
6.1 Overview
6.2 North America Electric DC Motors Market Forecast and Analysis
7. North America Electric DC Motors Market Analysis – by Type
7.1 Overview
7.2 North America Electric DC Motors Market, By Type (2020 and 2028)
7.3 Brushed DC Motor
7.3.1 Overview
7.3.2 Brushed DC Motor: North America Electric DC Motors Market – Revenue and Forecast to 2028 (US$ Million)
7.4 Brushless DC Motor
7.4.1 Overview
7.4.2 Brushless DC Motor: North America Electric DC Motors Market – Revenue and Forecast to 2028 (US$ Million)
8. North America Electric DC Motors Market Analysis – by Speed
8.1 Overview
8.2 North America Electric DC Motors Market, by Speed (2020 and 2028)
8.3 Low Speed (Less Than 1,000 rpm)
8.3.1 Overview
8.3.2 Low Speed : North America Electric DC Motors Market – Revenue and Forecast to 2028 (US$ Million)
8.4 Medium Speed (1,001 to 25,000 rpm)
8.4.1 Overview
8.4.2 Medium Speed: North America Electric DC Motors Market – Revenue and Forecast to 2028 (US$ Million)
8.5 High Speed (Above 25,000)
8.5.1 Overview
8.5.2 High Speed: North America Electric DC Motors Market – Revenue and Forecast to 2028 (US$ Million)
9. North America Electric DC Motors Market Analysis – by Application
9.1 Overview
9.2 North America Electric DC Motors Market, by Application (2020 and 2028)
9.3 Industrial Machinery
9.3.1 Overview
9.3.2 Industrial Machinery: North America Electric DC Motors Market – Revenue and Forecast to 2028 (US$ Million)
9.4 Automotive and Transportation
9.4.1 Overview
9.4.2 Automotive and Transportation: North America Electric DC Motors Market – Revenue and Forecast to 2028 (US$ Million)
9.5 HVAC Equipment
9.5.1 Overview
9.5.2 HVAC Equipment: North America Electric DC Motors Market – Revenue and Forecast to 2028 (US$ Million)
9.6 Aerospace and Defense
9.6.1 Overview
9.6.2 Aerospace and Defense: North America Electric DC Motors Market – Revenue and Forecast to 2028 (US$ Million)
9.7 Household Appliances
9.7.1 Overview
9.7.2 Household Appliances: North America Electric DC Motors Market – Revenue and Forecast to 2028 (US$ Million)
9.8 Others
9.8.1 Overview
9.8.2 Others: North America Electric DC Motors Market – Revenue and Forecast to 2028 (US$ Million)
10. North America Electric DC Motors Market – Country Analysis
10.1 Overview
10.2 North America: North America Electric DC Motors Market
10.2.1 North America: North America Electric DC Motors Market – Revenue and Forecast to 2028 (US$ Million)
10.2.2 US: North America Electric DC Motors Market – Revenue and Forecast to 2028 (US$ Million)
10.2.2.1 US: North America Electric DC Motors Market, By Type
10.2.2.2 US: North America Electric DC Motors Market, by Speed
10.2.2.3 US: North America Electric DC Motors Market, by Application
10.2.3 Canada: North America Electric DC Motors Market – Revenue and Forecast to 2028 (US$ Million)
10.2.3.1 Canada: North America Electric DC Motors Market, By Type
10.2.3.2 Canada: North America Electric DC Motors Market, by Speed
10.2.3.3 Canada: North America Electric DC Motors Market, by Application
10.2.4 Mexico: North America Electric DC Motors Market – Revenue and Forecast to 2028 (US$ Million)
10.2.4.1 Mexico: North America Electric DC Motors Market, By Type
10.2.4.2 Mexico: North America Electric DC Motors Market, by Speed
10.2.4.3 Mexico: North America Electric DC Motors Market, by Application
11. Industry Landscape
11.1 Overview
11.2 Market Initiative
11.3 New Product Development
12. Company Profiles
12.1 ABB Ltd
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 AMETEK Inc.
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Yaskawa Electric Corporation
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Johnson Electric Holdings Limited
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Nidec Corporation
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Siemens AG
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Allied Motion Technologies Inc.
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 MinebeaMitsumi, Inc.
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 Maxon Motors AG
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
12.10 Regal Rexnord Corporation
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Products and Services
12.10.4 Financial Overview
12.10.5 SWOT Analysis
12.10.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Glossary
LIST OF TABLES
Table 1. North America: North America Electric DC Motors Market, By Type– Revenue and Forecast to 2028 (US$ Million)
Table 2. North America: North America Electric DC Motors Market, by Speed – Revenue and Forecast to 2028 (US$ Million)
Table 3. North America: North America Electric DC Motors Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 4. US: North America Electric DC Motors Market, By Type– Revenue and Forecast to 2028 (US$ Million)
Table 5. US: North America Electric DC Motors Market, by Speed – Revenue and Forecast to 2028 (US$ Million)
Table 6. US: North America Electric DC Motors Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 7. Canada: North America Electric DC Motors Market, By Type– Revenue and Forecast to 2028 (US$ Million)
Table 8. Canada: North America Electric DC Motors Market, by Speed – Revenue and Forecast to 2028 (US$ Million)
Table 9. Canada: North America Electric DC Motors Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 10. Mexico: North America Electric DC Motors Market, By Type– Revenue and Forecast to 2028 (US$ Million)
Table 11. Mexico: North America Electric DC Motors Market, by Speed – Revenue and Forecast to 2028 (US$ Million)
Table 12. Mexico: North America Electric DC Motors Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 13. Glossary of terms, Electric DC Motors market
LIST OF FIGURES
Figure 1. North America Electric DC Motors Market segmentation
Figure 2. North America Electric DC Motors Market Overview
Figure 3. Brushless DC Motor Held the Highest Share in North America Electric DC Motors Market in 2020
Figure 4. North America Electric DC Motors Market, by Country
Figure 5. North America – PEST Analysis
Figure 6. North America Electric DC Motors Market – Ecosystem Analysis
Figure 7. Expert Opinion
Figure 8. North America Electric DC Motor Market: Impact Analysis of Drivers and Restraints
Figure 9. North America Electric DC Motors Market
Figure 10. North America Electric DC Motors Market Forecast and Analysis, (US$ Mn)
Figure 11. North America Electric DC Motors Market Revenue Share, by Type (2020 and 2028)
Figure 12. Brushed DC Motor: North America Electric DC Motors Market – Revenue and Forecast to 2028 (US$ Million)
Figure 13. Brushless DC Motor: North America Electric DC Motors Market – Revenue and Forecast to 2028 (US$ Million)
Figure 14. North America Electric DC Motors Market Revenue Share, by Speed (2020 and 2028)
Figure 15. Low Speed : North America Electric DC Motors Market – Revenue and Forecast to 2028 (US$ Million)
Figure 16. Medium Speed : North America Electric DC Motors Market – Revenue and Forecast to 2028 (US$ Million)
Figure 17. High Speed: North America Electric DC Motors Market – Revenue and Forecast to 2028 (US$ Million)
Figure 18. North America Electric DC Motors Market Revenue Share, by Application (2020 and 2028)
Figure 19. Industrial Machinery: North America Electric DC Motors Market – Revenue and Forecast to 2028 (US$ Million)
Figure 20. Automotive and Transportation: North America Electric DC Motors Market – Revenue and Forecast to 2028 (US$ Million)
Figure 21. HVAC Equipment: North America Electric DC Motors Market – Revenue and Forecast to 2028 (US$ Million)
Figure 22. Aerospace and Defense: North America Electric DC Motors Market – Revenue and Forecast to 2028 (US$ Million)
Figure 23. Household Appliances: North America Electric DC Motors Market – Revenue and Forecast to 2028 (US$ Million)
Figure 24. Others: North America Electric DC Motors Market – Revenue and Forecast to 2028 (US$ Million)
Figure 25. North America Electric DC Motors Market Revenue Share, By Region (2021 & 2028)
Figure 26. North America: North America Electric DC Motors Market – Revenue and Forecast to 2028 (US$ Million)
Figure 27. US: North America Electric DC Motors Market – Revenue and Forecast to 2028 (US$ Million)
Figure 28. Canada: North America Electric DC Motors Market – Revenue and Forecast to 2028 (US$ Million)
Figure 29. Mexico: North America Electric DC Motors Market – Revenue and Forecast to 2028 (US$ Million)
- ABB Ltd
- AMETEK Inc.
- Yaskawa Electric Corporation
- Johnson Electric Holdings Limited
- Nidec Corporation
- Siemens AG
- Allied Motion Technologies Inc.
- MinebeaMitsumi, Inc.
- Maxon Motors AG
- Regal Rexnord Corporation
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the North America Electric DC Motor Market.
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in North America Electric DC Motor Market, thereby allowing players across the value chain to develop effective long-term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing and distribution.