Electric Motor Market 2020 Global Industry Analysis, Segments, Top Key Players,
Drivers and Trends by 2025 - Market Research Engine
New York, July 31, 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 commutator is coil build on axle which rotates around at high rate.
The scope of the report includes a detailed study of global and regional markets for various
types of electric motor marketwith the reasons given for variations in the growth of the
industry in certain regions.
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The electric motor market is expected to exceed more than US$ 130 Billion by 2024.
The report covers detailed competitive outlook including the market share and company
profiles of the key participants operating in the global market. Key players profiled in the
report include Ametek Inc., Allied Motion Technologies, Inc, Baldor Electric Company, Inc.
(ABB Group), Siemens, Johnson Electric Holdings Ltd., Rockwell Automation, Inc, Franklin
Electric Co., Inc., Asmo Co., Ltd., ARC Systems, Inc and Brook Crompton UK Ltd. Company
profile includes assign such as company summary, financial summary,