Description
Electric Motor for Household Appliances Market Research Report—Forecast till 2027
Market Synopsis
The global electric motor for household appliances market is anticipated to register a healthy market growth during the review period. An effective electric motor makes use of much less energy, reduces working charges, lowers motor heating electricity, and has an extended life.
In general, electric-powered automobiles, which might be 85% efficient, convert eighty-five% of the electrical electricity into mechanical power and make use of the final electrical electricity to raise the motor temperature. The use of superior magnetic materials, insulation materials, and excessive-speed bearing design outcomes within the excessive performance of electrical motors.
The expanding interest for HVAC frameworks in-home devices is anticipated to build the interest for electric engines in HVAC frameworks in the private area.
As indicated by Japan Refrigeration and Air Conditioning Association Report 2019, the interest in the room forced air systems expanded from 86.24 million units in 2016 to 96.07 million units in 2018. The electric engine is the essential part of the HVAC framework, wherein it is utilized to drive the blower to move the air. However, the availability of counterfeit products is expected to hinder the global market growth in the future.
Segment Overview
The global electric motor for household appliances market has been classified based on type,
Based on type, the global electric motor for household appliances market is bifurcated into AC motors and DC motors.
Based on voltage, the global electric motor for household appliances market is categorized into up to 50 V, 50 V–120 V, and above 120 V.
In terms of output power, the global electric motor for household appliances market is divided into up to 500 W and above 500 W.
By application type, the global market is classified into Refrigerator, Oven, Washing Machine, Vacuum Cleaner, Electric Fan, Dishwasher, Range Hood, Tumble Dryer, Wash Dryer, and Freezer.
Regional Analysis
North America is quite possibly the most conspicuous local business sector for electric engines for the home device, where the rising interest for HVAC applications in the private area and expanding reasonableness of domestic devices drive the development of the electric engines for the home devices market.
Europe is expected to be the second-largest market of electric motors for domestic devices, owing to the rising interest for home devices and expanded moderateness of home devices drive the development of the electric engines for home devices market in the district.
Asia-Pacific is one of the fastest-growing regions in the world followed by the Middle East and Rest of the world.
Major Competitors
The key players operating in the global electric motor for household appliances market are Johnson Electric Holdings Limited (Hong Kong), Elica S.p.A. (Italy), Newmotech Co., Ltd (South Korea), Diehl Stiftung & Co. KG (Germany), Dumore Motors (US), CG Power and Industrial Solutions Limited (India), NMB is a MinebeaMitsumi (US), Panasonic Corporation (Japan), Ebm-Papst(Germany), Nichibo DC Motor (China), Sunonwealth Electric Machine Industry Co., Ltd (Taiwan), Nidec Motor Corporation (Japan), CEBI Group (Luxemburg), Keli Motor Group Co., Ltd (China), and SanhuaAweco (Germany).
COVID 19 Impacts
We are continuously tracking the impact of the COVID-19 pandemic on various industries and verticals within all domains. Our research reports include the same and help you understand the drop and rise, owing to the impact of COVID-19 on the industries. Also, we help you to identify the gap between the demand and supply of your interested market.
Moreover, the report helps you with the analysis, amended government regulations, and many other useful insights.
Related Reports: Electric Motor Market Outlook 2030: Industry Insights & Opportunity Evaluation, 2019-2030
Table of Contents
TABLE OF CONTENTS
1 EXECUTIVE SUMMARY 17
1.1 MARKET ATTRACTIVENESS ANALYSIS 19
1.1.1 GLOBAL ELECTRIC MOTOR FOR HOUSEHOLD APPLIANCES MARKET, BY TYPE 20
1.1.2 GLOBAL ELECTRIC MOTOR FOR HOUSEHOLD APPLIANCES MARKET, BY VOLTAGE 21
1.1.3 GLOBAL ELECTRIC MOTOR FOR HOUSEHOLD APPLIANCES MARKET, BY OUTPUT POWER 22
1.1.4 GLOBAL ELECTRIC MOTOR FOR HOUSEHOLD APPLIANCES MARKET, BY APPLICATION 23
1.1.5 GLOBAL ELECTRIC MOTOR FOR HOUSEHOLD APPLIANCES MARKET, BY REGION 24
2 MARKET INTRODUCTION 25
2.1 DEFINITION 25
2.2 SCOPE OF THE STUDY 25
2.3 RESEARCH OBJECTIVE 25
2.4 MARKET STRUCTURE 26
2.5 KEY BUYING CRITERIA 27
3 RESEARCH METHODOLOGY 28
3.1 RESEARCH PROCESS 28
3.2 PRIMARY RESEARCH 29
3.3 SECONDARY RESEARCH 30
3.4 MARKET SIZE ESTIMATION 31
3.5 FORECAST MODEL 32
3.6 LIST OF ASSUMPTIONS& LIMITATIONS 33
4 MARKET INSIGHTS 34
5 MARKET DYNAMICS 37
5.1 INTRODUCTION 37
5.2 DRIVERS 38
5.2.1 DEMAND FOR HVAC IN RESIDENTIAL SECTOR 38
5.2.2 INCREASING AFFORDABILITY OF HOUSEHOLD APPLIANCES 38
5.3 RESTRAINT 39
5.3.1 AVAILABILITY OF COUNTERFEIT PRODUCTS 39
5.4 OPPORTUNITY 39
5.4.1 ADVANCED AND HIGH-PERFORMANCE HOUSEHOLD APPLIANCES 39
5.4.2 POTENTIAL IN PARTS OF ASIA-PACIFIC AND THE MIDDLE EAST & AFRICA 40
5.5 IMPACT ANALYSIS OF COVID-19 40
5.5.1 IMPACT ON THE OVERALL ENERGY & POWER INDUSTRY 40
5.5.1.1 ECONOMIC IMPACT 40
5.5.2 IMPACT ON THE ELECTRIC MOTORS FOR HOUSEHOLD APPLIANCES MARKET 41
5.5.3 IMPACT ON THE SUPPLY CHAIN OF ELECTRIC MOTORS FOR HOUSEHOLD APPLIANCES 41
5.5.3.1 PRICE VARIATION OF KEY RAW MATERIALS 41
5.5.3.2 PRODUCTION SHUTDOWN 41
5.5.3.3 CASH FLOW CONSTRAINTS 41
5.5.3.4 IMPACT ON IMPORT/EXPORT 41
5.5.4 IMPACT ON THE MARKET DEMAND OF ELECTRIC MOTORS FOR HOUSEHOLD APPLIANCES 42
5.5.4.1 IMPACT DUE TO LOCKDOWN 42
5.5.4.2 CONSUMER SENTIMENTS 42
5.5.4.3 IMPACT ON PRICING OF ELECTRIC MOTORS FOR HOUSEHOLD APPLIANCES 42
6 MARKET FACTOR ANALYSIS 43
6.1 SUPPLY CHAIN ANALYSIS 43
6.1.1 RAW MATERIAL AND COMPONENT SUPPLY 44
6.1.2 COMPONENT MANUFACTURE & ASSEMBLY 44
6.1.3 SALES & DISTRIBUTION 44
6.1.4 END USE 44
6.1.5 AFTERSALES 44
6.2 PORTER’S FIVE FORCES MODEL 45
6.2.1 THREAT OF NEW ENTRANTS 45
6.2.2 BARGAINING POWER OF SUPPLIERS 46
6.2.3 BARGAINING POWER OF BUYERS 46
6.2.4 THREAT OF SUBSTITUTES 46
6.2.5 INTENSITY OF RIVALRY 46
7 GLOBAL ELECTRIC MOTOR FOR HOUSEHOLD APPLIANCES MARKET,BY TYPE 47
7.1 OVERVIEW 47
7.2 DC MOTORS 48
7.3 AC MOTORS 48
8 GLOBAL ELECTRIC MOTOR FOR HOUSEHOLD APPLIANCES MARKET,BY VOLTAGE 49
8.1 OVERVIEW 49
8.2 UP TO 50 V 50
8.3 50 V – 120 V 50
8.4 ABOVE 120 V 50
9 GLOBAL ELECTRIC MOTOR FOR HOUSEHOLD APPLIANCES MARKET,
BY OUTPUT POWER 51
9.1 OVERVIEW 51
9.2 UP TO 500 W 52
9.3 ABOVE 500 W 52
10 GLOBAL ELECTRIC MOTOR FOR HOUSEHOLD APPLIANCES MARKET,
BY APPLICATION 53
10.1 OVERVIEW 53
10.2 REFRIGERATOR 55
10.3 OVENS 55
10.4 WASHING MACHINE 55
10.5 VACUUM CLEANER 56
10.6 ELECTRIC FAN 56
10.7 DISHWASHER 56
10.8 RANGE HOOD 56
10.9 TUMBLE DRYER 57
10.10 WASH DRYER 57
10.11 FREEZER 57
11 GLOBAL ELECTRIC MOTOR FOR HOUSEHOLD APPLIANCES MARKET,BY REGION 58
11.1 OVERVIEW 58
11.2 NORTH AMERICA 60
11.2.1 US 63
11.2.2 CANADA 65
11.2.3 MEXICO 67
11.3 EUROPE 69
11.3.1 UK 72
11.3.2 GERMANY 74
11.3.3 FRANCE 76
11.3.4 ITALY 78
11.3.5 REST OF EUROPE 80
11.4 ASIA-PACIFIC 82
11.4.1 CHINA 85
11.4.2 AUSTRALIA 87
11.4.3 JAPAN 89
11.4.4 INDIA 91
11.4.5 REST OF ASIA-PACIFIC 93
11.5 MIDDLE EAST & AFRICA 95
11.5.1 SAUDI ARABIA 98
11.5.2 UAE 100
11.5.3 SOUTH AFRICA 102
11.5.4 REST OF THE MIDDLE EAST & AFRICA 104
11.6 SOUTH AMERICA 106
11.6.1 BRAZIL 109
11.6.2 ARGENTINA 111
11.6.3 REST OF SOUTH AMERICA 113
12 COMPETITIVE LANDSCAPE 115
12.1 COMPETITIVE OVERVIEW 115
12.2 COMPETITIVE BENCHMARKING 116
12.3 MARKET SHARE ANALYSIS 117
12.4 MAJOR GROWTH STRATEGY IN THE GLOBAL ELECTRIC MOTOR FOR HOUSEHOLD APPLIANCES MARKET 117
13 COMPANY PROFILES 118
13.1 JOHNSON ELECTRIC HOLDINGS LIMITED 118
13.1.1 COMPANY OVERVIEW 118
13.1.2 FINANCIAL OVERVIEW 119
13.1.3 PRODUCTS OFFERED 120
13.1.4 KEY DEVELOPMENTS 121
13.1.5 SWOT ANALYSIS 122
13.1.6 KEY STRATEGIES 122
13.2 EBM-PAPST 123
13.2.1 COMPANY OVERVIEW 123
13.2.2 FINANCIAL OVERVIEW 123
13.2.3 PRODUCTS OFFERED 124
13.2.4 KEY DEVELOPMENTS 124
13.2.5 SWOT ANALYSIS 125
13.2.6 KEY STRATEGIES 125
13.3 NICHIBO DC MOTOR 126
13.3.1 COMPANY OVERVIEW 126
13.3.2 FINANCIAL OVERVIEW 126
13.3.3 PRODUCTS OFFERED 126
13.3.4 KEY DEVELOPMENTS 129
13.3.5 SWOT ANALYSIS 130
13.3.6 KEY STRATEGIES 130
13.4 SUNONWEALTH ELECTRIC MACHINE INDUSTRY CO., LTD 131
13.4.1 COMPANY OVERVIEW 131
13.4.2 FINANCIAL OVERVIEW 131
13.4.3 PRODUCTS OFFERED 132
13.4.4 KEY DEVELOPMENTS 132
13.4.5 SWOT ANALYSIS 133
13.4.6 KEY STRATEGIES 133
13.5 NIDEC MOTOR CORPORATION 134
13.5.1 COMPANY OVERVIEW 134
13.5.2 FINANCIAL OVERVIEW 135
13.5.3 PRODUCTS OFFERED 136
13.5.4 KEY DEVELOPMENTS 141
13.5.5 SWOT ANALYSIS 142
13.5.6 KEY STRATEGIES 143
13.6 CEBI GROUP 144
13.6.1 COMPANY OVERVIEW 144
13.6.2 FINANCIAL OVERVIEW 144
13.6.3 PRODUCTS OFFERED 144
13.6.4 KEY DEVELOPMENTS 145
13.7 ELICA S.P.A. 146
13.7.1 COMPANY OVERVIEW 146
13.7.2 FINANCIAL OVERVIEW 146
13.7.3 PRODUCTS OFFERED 147
13.7.4 KEY DEVELOPMENTS 148
13.8 NEWMOTECH CO., LTD 149
13.8.1 COMPANY OVERVIEW 149
13.8.2 FINANCIAL OVERVIEW 149
13.8.3 PRODUCTS OFFERED 149
13.8.4 KEY DEVELOPMENTS 149
13.9 DIEHL STIFTUNG & CO. KG 150
13.9.1 COMPANY OVERVIEW 150
13.9.2 FINANCIAL OVERVIEW 151
13.9.3 PRODUCTS OFFERED 152
13.9.4 KEY DEVELOPMENTS 152
13.10 DUMORE MOTORS 153
13.10.1 COMPANY OVERVIEW 153
13.10.2 FINANCIAL OVERVIEW 153
13.10.3 PRODUCTS OFFERED 153
13.10.4 KEY DEVELOPMENTS 153
13.11 CG POWER AND INDUSTRIAL SOLUTIONS LIMITED 154
13.11.1 COMPANY OVERVIEW 154
13.11.2 FINANCIAL OVERVIEW 155
13.11.3 PRODUCTS OFFERED 156
13.11.4 KEY DEVELOPMENTS 156
13.12 NMB 157
13.12.1 COMPANY OVERVIEW 157
13.12.2 FINANCIAL OVERVIEW 157
13.12.3 PRODUCTS OFFERED 157
13.12.4 KEY DEVELOPMENTS 157
13.13 PANASONIC CORPORATION 158
13.13.1 COMPANY OVERVIEW 158
13.13.2 FINANCIAL OVERVIEW 159
13.13.3 PRODUCTS OFFERED 160
13.13.4 KEY DEVELOPMENTS 161
13.14 KELI MOTOR GROUP CO.LTD 162
13.14.1 COMPANY OVERVIEW 162
13.14.2 FINANCIAL OVERVIEW 162
13.14.3 PRODUCTS OFFERED 163
13.14.4 KEY DEVELOPMENTS 163
13.15 SANHUA AWECO 164
13.15.1 COMPANY OVERVIEW 164
13.15.2 FINANCIAL OVERVIEW 164
13.15.3 PRODUCTS OFFERED 164
13.15.4 KEY DEVELOPMENTS 164
