Motor and generator
manufacturing companies manufacture electric motors, power generators and motor
generator sets. This industry does not include companies manufacturing internal
combustion engine starting motors, power generators and motor generator sets.
This industry also includes establishments rewinding armatures on a factory
basis.
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The motor and
generator manufacturing market is valued at nearly $117 billion in 2017 due
to the high demand from the end
user’s industries and emerging markets. Asia Pacific was the largest
region in the motor and
generator manufacturing in 2017, accounting for near about half of the
market share.
The motor and
generator manufacturing market in The Business Research Company’s report
is divided into two segments. Motor
manufacturing segment was the largest segment with more than four-fifth of
share of the market and generator
manufacturing segment took up the remaining one-fifth share of
market.
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report at
China was the largest country in the motor and generator manufacturing market in 2017,
accounting for more than one-fifth of the global market share. This was mainly due to high demand for
motors and generators from machinery manufacturing industries of the country.
The top five competitors of the market are Nidec Corporation, ABB Ltd, Siemens, ASMO Co., Ltd, and
Rockwell Automation Inc. Nidec
Corporation was the biggest player in the market in 2017. It is a manufacturers of electric
motors that are used in hard-disk drives, electric appliances, automobiles, and
commercial and manufacturing equipment. The company is headquartered in Japan.
About The Business Research Company.
The Business Research Company is a Business Intelligence Company
which excels in company, market and consumer research. It has offices in the
UK, the US and India and a network of trained researchers in 15 countries
globally.
Contact Information.
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