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.
The top five companies covered are Nidec Corporation, ABB Ltd., Siemens AG, ASMO Co., Ltd. and Rockwell Automation Inc. Nidec Corporation was the largest company in the motor and generator manufacturing market.
The countries covered are USA, China, Germany, Brazil, Japan, UK, Spain, Russia, France, Australia, Italy, India and rest of the world.
Motor and Generator Manufacturing Market Size
The global motor and generator manufacturing market was valued around $116 billion in 2017. Asia Pacific was the largest region in themotor and generator manufacturing market in 2017, accounting for around 46% of the total market. China was the largest market accounting for around 22% of the total market.
Motor and Generator Manufacturing Market Trend
Motors and generators manufacturers are offering advance technologies for a wide range of electric vehicles. Technologies being offered include electric vehicle traction motors and belt driven and integrated starter generators. Electric vehicle traction motors are also known as rotating electric machines is an electric motor used for propulsion of a vehicle, whereas integrated starter generators allows engine vehicle to restart after the idle stop to save fuel and emissions.
Motor and Generator Manufacturing Market Segmentation
The motor and generator manufacturing market is segmented into Motor Manufacturing and Generator Manufacturing.
Motor Manufacturing establishments produce machines that convert electrical energy into mechanical energy and supply motive power to devices.
Generator Manufacturing companies manufacture machines that convert mechanical energy into electrical energy through the movement of electric charges in the generator’s windings for use in external circuits.
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