Report Code: A07247 | Pages: NA | Mar 2023 | 2931 Views | ||
Author(s) : NA | Tables: NA | Charts: NA |
|
Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Electric Motors For Drones And Electric Vehicle Market
Request Now !An electric motor is a machine that converts electrical energy into mechanical energy. These motors generate force in the form of torque by the combination of the motor’s magnetic field and the electricity present in the wire wound around the coil. Electric motors can be powered by direct current (DC) sources, such as from batteries, motor vehicles, or rectifiers, or by alternating current (AC) sources, such as a power grid, inverters or electrical generators. These electric motors have several uses in commercial, industrial, government, and consumer markets. Electric motor is majorly applicable in the drones and electric vehicles market.
Market scope and structure analysis
          Report Metric |                        Details |
 Market size available for years |  2019–2027 |
 Base year considered |  2019 |
 Forecast period |  2020–2027 |
 Forecast unit |  Value (USD) |
 Segments covered |  Type, Output Power, Industry Vertical, and Region |
Â
The growth of the global electric motors market is expected to be driven by rapid advancements made in the field of electric motor technology. Electronic motors are utilized in a range of diverse applications, such as hybrid cars, electric vehicles, and unmanned aerial vehicles (UAV) or drones. Drone are used for a wide range of applications ranging from recreational purposes such as photography and videography to commercial and military purposes, which include monitoring, data collection, and data analysis. Moreover, they are used for providing emergency supplies such as medicines and provide surveillance during natural disasters or for security reasons. New technologies are being developed for increasing the efficiency of the motors and other vital parts of drones to attain maximum fight time.
Moreover, electric motors are applicable in a wide range of devices across many industry verticals, be it motor vehicles or heavy or light industrial machinery or home appliances. Increased price of fuel all over the world is making consumers to shift toward nonconventional alternatives of fuel. Electric vehicles are made with an aim to diminish the cost of operation and to reduce carbon footprint in the environment. This has boosted the demand for electric motors across many industries.Â
Technological advancements have created new, improved motor specifications and designs, which have resulted in low consumption of power, low cost of maintenance, high output & efficiency, and prolonged operational life. Rise in government initiatives and regulatory policies promoting energy efficiency in vehicles and other machines has further escalated the demand for electric motors in the automotive industry.
Asia-Pacific is likely to come up as a rapidly growing region in the electric motors market. In addition, Europe is anticipated to showcase potentiality in the electric motors market, owing to  the development of the automotive sector.
Key benefits of the report
Electric Motors for Drones and Electric Vehicle Market: Global Opportunity Analysis and Industry Forecast, 2020–2027 Report Highlights
Aspects | Details |
---|---|
By Type |
|
By Output Power |
|
By Industry Vertical |
|
By Region |
|
Key Market Players | Baldor Electric Company Inc., Franklin Electric Co. Inc., ARC Systems Incorporation, Siemens AG, Rockwell Automation Incorporation, RCV Engines, Ballard Power Systems |
Loading Table Of Content...
Start reading.
This Report and over 19,614+ more Reports, Available with Avenue Library. T&C*.
Enterprise
License/PDF
Library
Membership
*Taxes/Fees, if applicable will be added during checkout. All prices in USD
To ensure high-level data integrity, accurate analysis, and impeccable forecasts
For complete satisfaction
On-demand customization of scope of the report to exactly meet your needs
Targeted market view to provide pertinent information and save time of readers
Get insights on topics that are crucial for your business. Stay abreast of your interest areas.
Get Industry Data AlertsTo ensure high-level data integrity, accurate analysis, and impeccable forecasts
For complete satisfaction
On-demand customization of scope of the report to exactly meet your needs
Targeted market view to provide pertinent information and save time of readers