Electronically Commutated Motor Market
Electronically Commutated Motor Market Scope:
Industry Analysis, Market Size, Growth, Trends Till
2031
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Electronically Commutated Motor Market Size and Growth
The Electronically Commutated Motor (ECM) market is experiencing significant growth, driven by increasing energy efficiency demands and advancements in automation. The global market size reached approximately $7 billion in 2023, with a projected CAGR of 8% through 2030, highlighting robust demand across various sectors, including HVAC, automotive, and industrial applications.
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Companies Covered
(Covid 19 Impact Covered)
◍ ABB Group
◍ Siemens
◍ WEG
◍ Parker Hannifin
◍ Nidec Motor Corporation
◍ ASTRO Motorengesellschaft
◍ ALLIED MOTION TECHNOLOGIES
◍ Maxon Motor
◍ Buhler Motor GmbH
◍ Kollmorgen
The Electronically Commutated Motor Market features leading companies like ABB Group and Siemens, driving innovation and efficiency. They develop advanced EC motors for applications in automation, automotive, and HVAC. These companies enhance market growth via technological advancements and expanding product portfolios. Sales revenues include: ABB: $30 billion, Siemens: $62 billion.
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Market Segmentation
By Application
◍ Heating & Ventilation
By Product
0 – 750 W
750 W – 3 kW
3 kW – 75 kW
Above 75 kW ◍ Consumer Electronic ◍ Transport
◍ Industrial Engineering, and Model Engineering
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Market Growth
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$ X Billion USD
