Electric Motors Market Research Report Forecast 2030

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The electric motors market areas of strength for finds around the world attributable to its wide use in different home devices, modern gear, and, surprisingly, motor vehicles.

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Description

Electric Motors Market Research Report Forecast 2030

Market Overview

Electric motor capability along electromagnetism and are viewed as exceptionally sturdy, energy effective, and low upkeep. The electric motors market areas of strength for finds around the world attributable to its wide use in different home devices, modern gear, and, surprisingly, motor vehicles. Acceleration in the pace of modern action and the most recent rise in the electric vehicles market will be driving significant development in the electric motors market around the world.

The Global Electric Motors Market is anticipated to register a significant CAGR of 5.4% during the forecast period. The worldwide warming, ventilation, and cooling (central air) industry developed at a quick speed in the previous years, inferable from the fast reception of cooling frameworks, the roaring development industry, and rising interest in energy productivity. The central air market is probably going to observe huge development during the estimated course of events, attributable to an upsurge in the interest in cooling frameworks and a proceeded expansion in development area incomes, including both freely and secretly financed development projects. Cooling frameworks are liable for the age of the greater part of the air conditioning industry’s deals incomes. Because of a dangerous atmospheric deviation, the worldwide temperature is progressively rising, in this way moving the interest in cooling frameworks around the world.

Market Segmentation

Considering type, the Worldwide Electric Motors Market has been portioned into AC motors, DC motors, and airtight motors. Based on voltage, the farming tires market has been divided into up to 1 kV, 1kV – 6.6 kV, or more 6.6 kV.

Up to 1 Hp or more 1 Hp is the section considering the power output of the Worldwide Electric Motors Market. Modern, business, private, horticulture, and transportation are the fragments in view of the end-client of the Worldwide Electric Motors Market.

Regional Analysis

Asia-Pacific is expected to reach USD 77,947.81 million by 2030, enlisting a CAGR of 6.20% during the figure time frame. The district represented a significant portion of the market attributable to the quickly developing reception of electric vehicles and the enormous scope extension of electric motor assembling offices in the area. Europe is the second-biggest market, trailed by North America. Besides, the Europe electric motor market has become essentially attributable to the aggressive government plans for energy effectiveness and practical turn of events. The North American electric motor market is supposed to enroll huge market development during the survey time frame because of the developing inclination for electric vehicles, the flourishing development industry, and expanding interest for cooling frameworks. Until the end of the World, the development of the electric motor market is moderately lower, driven by the developing utilization of electric motors in the agribusiness area and the quickly developing middle-air frameworks.

Major Players

The prominent companies covered in the electric motors market report are ABB Ltd (Switzerland), Siemens AG (Germany), General Electric (US), Nidec Motor Corporation (Japan), Denso Corporation (Japan), Allied Motion Technologies Inc. (US), Ametek, Inc. (US), Robert Bosch GmbH (Germany), Emerson Electric Co. (US), Hitachi, Ltd. (Japan), Johnson Electric Holdings Limited (China), Rockwell Automation, Inc. (US), WEG S.A. (Brazil), ARC Systems, Inc. (US), and Toshiba Corporation (Japan).

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 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.

TABLE OF CONTENTS

1 EXECUTIVE SUMMARY

1.1 MARKET ATTRACTIVENESS ANALYSIS

1.1.1 GLOBAL ELECTRIC MOTORS MARKET, BY TYPE

1.1.2 GLOBAL ELECTRIC MOTORS MARKET, BY VOLTAGE

1.1.3 GLOBAL ELECTRIC MOTORS MARKET, BY OUTPUT POWER

1.1.4 GLOBAL ELECTRIC MOTORS MARKET, BY END USE

1.1.5 GLOBAL ELECTRIC MOTORS MARKET, BY REGION

2 MARKET INTRODUCTION

2.1 DEFINITION

2.2 SCOPE OF THE STUDY

2.3 RESEARCH OBJECTIVE

2.4 MARKET STRUCTURE

3 RESEARCH METHODOLOGY

3.1 RESEARCH PROCESS

3.2 PRIMARY RESEARCH

3.3 SECONDARY RESEARCH

3.4 MARKET SIZE ESTIMATION

3.5 FORECAST MODEL

3.6 LIST OF ASSUMPTIONS

4 MARKET DYNAMICS

4.1 INTRODUCTION

4.2 MARKET DRIVERS

4.2.1 GROWING DEMAND FOR IMPROVED AND ENERGY-EFFICIENT ELECTRIC MOTORS

4.2.2 INCREASING USE OF ELECTRIC MOTORS IN THE AGRICULTURE SECTOR

4.2.3 RAPIDLY GROWING HVAC INDUSTRY

4.3 MARKET RESTRAINTS

4.3.1 SOARING PRICES OF RARE EARTH MINERALS AND IMPENDING SUPPLY-DEMAND CRISIS

4.4 MARKET OPPORTUNITIES

4.4.1 STRONG IMPETUS IN THE ELECTRIC VEHICLE MARKET

4.5 MARKET TRENDS

4.5.1 NEW MAGNETIC MATERIALS FOR ENHANCING ELECTRIC MOTOR PERFORMANCE

5 MARKET DYNAMICS

5.1 SUPPLY CHAIN ANALYSIS

5.1.1 DESIGN & DEVELOPMENT

5.1.2 PROCUREMENT OF RAW MATERIALS

5.1.3 MANUFACTURING

5.1.4 SALES & DISTRIBUTION

5.1.5 POST-SALES SERVICES

5.2 PORTER’S FIVE FORCES MODEL

5.2.1 THREAT OF NEW ENTRANTS

5.2.2 BARGAINING POWER OF SUPPLIERS

5.2.3 THREAT OF SUBSTITUTES

5.2.4 BARGAINING POWER OF BUYERS

5.2.5 INTENSITY OF RIVALRY

5.3 IMPACT OF COVID-19

5.3.1 IMPACT OF COVID-19 ON THE GLOBAL ECONOMY

5.3.2 IMPACT OF COVID-19 ON THE GLOBAL ELECTRIC MOTOR MARKET

5.3.3 SUPPLY CHAIN IMPACT

5.3.3.1 IMPACT ON MANUFACTURER/DEVELOPER

5.3.3.2 IMPACT ON COMPONENT SUPPLIER

5.3.3.3 IMPACT ON DISTRIBUTION/LOGISTICS

5.3.3.4 IMPACT ON CONSUMER

5.3.4 MARKET RECOVERY ANALYSIS

6 GLOBAL ELECTRIC MOTORS MARKET, BY TYPE

6.1 OVERVIEW

6.2 AC MOTORS

6.3 DC MOTORS

6.4 HERMETIC MOTORS

6.5 GLOBAL ELECTRIC MOTORS MARKET, BY TYPE, 2018–2030 (USD MILLION)

7 GLOBAL ELECTRIC MOTORS MARKET, BY VOLTAGE

7.1 OVERVIEW

7.2 UP TO 1 KV

7.3 1 KV–6.6 KV

7.4 ABOVE 6.6 KV

7.5 GLOBAL ELECTRIC MOTORS MARKET, BY VOLTAGE, 2018–2030 (USD MILLION)

8 GLOBAL ELECTRIC MOTORS MARKET, BY OUTPUT POWER

8.1 OVERVIEW

8.2 UP TO 1 HP

8.3 ABOVE 1 HP

8.4 GLOBAL ELECTRIC MOTORS MARKET, BY OUTPUT POWER, 2018–2030 (USD MILLION)

9 GLOBAL ELECTRIC MOTORS MARKET, BY END USE

9.1 OVERVIEW

9.2 INDUSTRIAL

9.3 COMMERCIAL

9.4 RESIDENTIAL

9.5 AGRICULTURE

9.6 TRANSPORTATION

9.7 GLOBAL ELECTRIC MOTORS MARKET, BY END USE, 2018–2030 (USD MILLION)

10 GLOBAL ELECTRIC MOTORS MARKET, BY REGION

10.1 OVERVIEW

10.2 NORTH AMERICA

10.2.1 NORTH AMERICA: ELECTRIC MOTORS MARKET, BY COUNTRY, 2018–2030 (USD MILLION)

10.2.2 NORTH AMERICA: ELECTRIC MOTORS MARKET, BY TYPE, 2018–2030 (USD MILLION)

10.2.3 NORTH AMERICA: ELECTRIC MOTORS MARKET, BY VOLTAGE, 2018–2030 (USD MILLION)

10.2.4 NORTH AMERICA: ELECTRIC MOTORS MARKET, BY OUTPUT POWER, 2018–2030 (USD MILLION)

10.2.5 NORTH AMERICA: ELECTRIC MOTORS MARKET, BY END USE, 2018–2030 (USD MILLION)

10.2.6 US

10.2.6.1 US: ELECTRIC MOTORS MARKET, BY TYPE, 2018–2030 (USD MILLION)

10.2.6.2 US: ELECTRIC MOTORS MARKET, BY VOLTAGE, 2018–2030 (USD MILLION)

10.2.6.3 US: ELECTRIC MOTORS MARKET, BY OUTPUT POWER, 2018–2030 (USD MILLION)

10.2.6.4 US: ELECTRIC MOTORS MARKET, BY END USE, 2018–2030 (USD MILLION)

10.2.7 CANADA

10.2.7.1 CANADA: ELECTRIC MOTORS MARKET, BY TYPE, 2018–2030 (USD MILLION)

10.2.7.2 CANADA: ELECTRIC MOTORS MARKET, BY VOLTAGE, 2018–2030 (USD MILLION)

10.2.7.3 CANADA: ELECTRIC MOTORS MARKET, BY OUTPUT POWER, 2018–2030 (USD MILLION)

10.2.7.4 CANADA: ELECTRIC MOTORS MARKET, BY END USE, 2018–2030 (USD MILLION)

10.3 EUROPE

10.3.1 EUROPE: ELECTRIC MOTORS MARKET, BY COUNTRY, 2018–2030 (USD MILLION)

10.3.2 EUROPE: ELECTRIC MOTORS MARKET, BY TYPE, 2018–2030 (USD MILLION)

10.3.3 EUROPE: ELECTRIC MOTORS MARKET, BY VOLTAGE, 2018–2030 (USD MILLION)

10.3.4 EUROPE: ELECTRIC MOTORS MARKET, BY OUTPUT POWER, 2018–2030 (USD MILLION)

10.3.5 EUROPE: ELECTRIC MOTORS MARKET, BY END USE, 2018–2030 (USD MILLION)

10.3.6 UK

10.3.6.1 UK: ELECTRIC MOTORS MARKET, BY TYPE, 2018–2030 (USD MILLION)

10.3.6.2 UK: ELECTRIC MOTORS MARKET, BY VOLTAGE, 2018–2030 (USD MILLION)

10.3.6.3 UK: ELECTRIC MOTORS MARKET, BY OUTPUT POWER, 2018–2030 (USD MILLION)

10.3.6.4 UK: ELECTRIC MOTORS MARKET, BY END USE, 2018–2030 (USD MILLION)

10.3.7 GERMANY

10.3.7.1 GERMANY: ELECTRIC MOTORS MARKET, BY TYPE, 2018–2030 (USD MILLION)

10.3.7.2 GERMANY: ELECTRIC MOTORS MARKET, BY VOLTAGE, 2018–2030 (USD MILLION)

10.3.7.3 GERMANY: ELECTRIC MOTORS MARKET, BY OUTPUT POWER, 2018–2030 (USD MILLION)

10.3.7.4 GERMANY: ELECTRIC MOTORS MARKET, BY END USE, 2018–2030 (USD MILLION)

10.3.8 FRANCE

10.3.8.1 FRANCE: ELECTRIC MOTORS MARKET, BY TYPE, 2018–2030 (USD MILLION)

10.3.8.2 FRANCE: ELECTRIC MOTORS MARKET, BY VOLTAGE, 2018–2030 (USD MILLION)

10.3.8.3 FRANCE: ELECTRIC MOTORS MARKET, BY OUTPUT POWER, 2018–2030 (USD MILLION)

10.3.8.4 FRANCE: ELECTRIC MOTORS MARKET, BY END USE, 2018–2030 (USD MILLION)

10.3.9 SPAIN

10.3.9.1 SPAIN: ELECTRIC MOTORS MARKET, BY TYPE, 2018–2030 (USD MILLION)

10.3.9.2 SPAIN: ELECTRIC MOTORS MARKET, BY VOLTAGE, 2018–2030 (USD MILLION)

10.3.9.3 SPAIN: ELECTRIC MOTORS MARKET, BY OUTPUT POWER, 2018–2030 (USD MILLION)

10.3.9.4 SPAIN: ELECTRIC MOTORS MARKET, BY END USE, 2018–2030 (USD MILLION)

10.3.10 REST OF EUROPE

10.3.10.1 REST OF EUROPE: ELECTRIC MOTORS MARKET, BY TYPE, 2018–2030 (USD MILLION)

10.3.10.2 REST OF EUROPE: ELECTRIC MOTORS MARKET, BY VOLTAGE, 2018–2030 (USD MILLION)

10.3.10.3 REST OF EUROPE: ELECTRIC MOTORS MARKET, BY OUTPUT POWER, 2018–2030 (USD MILLION)

10.3.10.4 REST OF EUROPE: ELECTRIC MOTORS MARKET, BY END USE, 2018–2030 (USD MILLION)

10.4 ASIA PACIFIC

10.4.1 ASIA PACIFIC: ELECTRIC MOTORS MARKET, BY COUNTRY, 2018–2030 (USD MILLION)

10.4.2 ASIA PACIFIC: ELECTRIC MOTORS MARKET, BY TYPE, 2018–2030 (USD MILLION)

10.4.3 ASIA PACIFIC: ELECTRIC MOTORS MARKET, BY VOLTAGE, 2018–2030 (USD MILLION)

10.4.4 ASIA PACIFIC: ELECTRIC MOTORS MARKET, BY OUTPUT POWER, 2018–2030 (USD MILLION)

10.4.5 ASIA PACIFIC: ELECTRIC MOTORS MARKET, BY END USE, 2018–2030 (USD MILLION)

10.4.6 CHINA

10.4.6.1 CHINA: ELECTRIC MOTORS MARKET, BY TYPE, 2018–2030 (USD MILLION)

10.4.6.2 CHINA: ELECTRIC MOTORS MARKET, BY VOLTAGE, 2018–2030 (USD MILLION)

10.4.6.3 CHINA: ELECTRIC MOTORS MARKET, BY OUTPUT POWER, 2018–2030 (USD MILLION)

10.4.6.4 CHINA: ELECTRIC MOTORS MARKET, BY END USE, 2018–2030 (USD MILLION)

10.4.7 JAPAN

10.4.7.1 JAPAN: ELECTRIC MOTORS MARKET, BY TYPE, 2018–2030 (USD MILLION)

10.4.7.2 JAPAN: ELECTRIC MOTORS MARKET, BY VOLTAGE, 2018–2030 (USD MILLION)

10.4.7.3 JAPAN: ELECTRIC MOTORS MARKET, BY OUTPUT POWER, 2018–2030 (USD MILLION)

10.4.7.4 JAPAN: ELECTRIC MOTORS MARKET, BY END USE, 2018–2030 (USD MILLION)

10.4.8 INDIA

10.4.8.1 INDIA: ELECTRIC MOTORS MARKET, BY TYPE, 2018–2030 (USD MILLION)

10.4.8.2 INDIA: ELECTRIC MOTORS MARKET, BY VOLTAGE, 2018–2030 (USD MILLION)

10.4.8.3 INDIA: ELECTRIC MOTORS MARKET, BY OUTPUT POWER, 2018–2030 (USD MILLION)

10.4.8.4 INDIA: ELECTRIC MOTORS MARKET, BY END USE, 2018–2030 (USD MILLION)

10.4.9 REST OF ASIA PACIFIC

10.4.9.1 REST OF ASIA PACIFIC: ELECTRIC MOTORS MARKET, BY TYPE, 2018–2030 (USD MILLION)

10.4.9.2 REST OF ASIA PACIFIC: ELECTRIC MOTORS MARKET, BY VOLTAGE, 2018–2030 (USD MILLION)

10.4.9.3 REST OF ASIA PACIFIC: ELECTRIC MOTORS MARKET, BY OUTPUT POWER, 2018–2030 (USD MILLION)

10.4.9.4 REST OF ASIA PACIFIC: ELECTRIC MOTORS MARKET, BY END USE, 2018–2030 (USD MILLION)

10.5 REST OF THE WORLD

10.5.1 REST OF THE WORLD: ELECTRIC MOTORS MARKET, BY REGION, 2018–2030 (USD MILLION)

10.5.2 REST OF THE WORLD: ELECTRIC MOTORS MARKET, BY TYPE, 2018–2030 (USD MILLION)

10.5.3 REST OF THE WORLD: ELECTRIC MOTORS MARKET, BY VOLTAGE, 2018–2030 (USD MILLION)

10.5.4 REST OF THE WORLD: ELECTRIC MOTORS MARKET, BY OUTPUT POWER, 2018–2030 (USD MILLION)

10.5.5 REST OF THE WORLD: ELECTRIC MOTORS MARKET, BY END USE, 2018–2030 (USD MILLION)

10.5.6 LATIN AMERICA

10.5.6.1 LATIN AMERICA: ELECTRIC MOTORS MARKET, BY TYPE, 2018–2030 (USD MILLION)

10.5.6.2 LATIN AMERICA: ELECTRIC MOTORS MARKET, BY VOLTAGE, 2018–2030 (USD MILLION)

10.5.6.3 LATIN AMERICA: ELECTRIC MOTORS MARKET, BY OUTPUT POWER, 2018–2030 (USD MILLION)

10.5.6.4 LATIN AMERICA: ELECTRIC MOTORS MARKET, BY END USE, 2018–2030 (USD MILLION)

10.5.7 MIDDLE EAST & AFRICA

10.5.7.1 MIDDLE EAST & AFRICA: ELECTRIC MOTORS MARKET, BY TYPE, 2018–2030 (USD MILLION)

10.5.7.2 MIDDLE EAST & AFRICA: ELECTRIC MOTORS MARKET, BY VOLTAGE, 2018–2030 (USD MILLION)

10.5.7.3 MIDDLE EAST & AFRICA: ELECTRIC MOTORS MARKET, BY OUTPUT POWER, 2018–2030 (USD MILLION)

10.5.7.4 MIDDLE EAST & AFRICA: ELECTRIC MOTORS MARKET, BY END USE, 2018–2030 (USD MILLION)

11 COMPETITIVE LANDSCAPE

11.1 COMPETITIVE OVERVIEW

11.2 MARKET SHARE ANALYSIS

11.3 MAJOR GROWTH STRATEGIES IN THE GLOBAL ELECTRIC MOTORS MARKET

11.4 LEADING PLAYERS IN TERMS OF NUMBER OF DEVELOPMENTS IN THE GLOBAL ELECTRIC MOTORS MARKET

11.5 KEY DEVELOPMENTS & GROWTH STRATEGIES

11.5.1 CONTRACTS & AGREEMENTS

11.6 KEY DEVELOPMENTS & GROWTH STRATEGIES

11.6.1 PRODUCT LAUNCHES/ DEVELOPMENTS

11.6.2 COLLABORATIONS/FUNDING/PARTNERSHIPS/ACQUISITION

12 COMPANY PROFILES

12.1 ABB LTD

12.1.1 COMPANY OVERVIEW

12.1.2 FINANCIAL OVERVIEW

12.1.3 PRODUCTS/SERVICES OFFERED

12.1.4 KEY DEVELOPMENTS

12.1.5 SWOT ANALYSIS

12.1.6 KEY STRATEGIES

12.2 SIEMENS AG

12.2.1 COMPANY OVERVIEW

12.2.2 FINANCIAL OVERVIEW

12.2.3 PRODUCTS/SERVICES OFFERED

12.2.4 KEY DEVELOPMENTS

12.2.5 SWOT ANALYSIS

12.2.6 KEY STRATEGIES

12.3 GENERAL ELECTRIC COMPANY (WOLONG COMPANY)

12.3.1 COMPANY OVERVIEW

12.3.2 FINANCIAL OVERVIEW

12.3.3 PRODUCTS/SERVICES OFFERED

12.3.4 KEY DEVELOPMENTS

12.3.5 SWOT ANALYSIS

12.3.6 KEY STRATEGIES

12.4 NIDEC CORPORATION

12.4.1 COMPANY OVERVIEW

12.4.2 FINANCIAL OVERVIEW

12.4.3 PRODUCTS/SERVICES OFFERED

12.4.4 KEY DEVELOPMENTS

12.4.5 SWOT ANALYSIS

12.4.6 KEY STRATEGIES

12.5 DENSO CORPORATION

12.5.1 COMPANY OVERVIEW

12.5.2 FINANCIAL OVERVIEW

12.5.3 PRODUCTS/SERVICES OFFERED

12.5.4 KEY DEVELOPMENTS

12.5.5 SWOT ANALYSIS

12.5.6 KEY STRATEGIES

12.6 ALLIED MOTION TECHNOLOGIES, INC.

12.6.1 COMPANY OVERVIEW

12.6.2 FINANCIAL OVERVIEW

12.6.3 PRODUCTS/SERVICES OFFERED

12.6.4 KEY DEVELOPMENTS

12.6.5 SWOT ANALYSIS

12.6.6 KEY STRATEGIES

12.7 AMETEK, INC.

12.7.1 COMPANY OVERVIEW

12.7.2 FINANCIAL OVERVIEW

12.7.3 PRODUCTS/SERVICES OFFERED

12.7.4 KEY DEVELOPMENTS

12.7.5 SWOT ANALYSIS

12.7.6 KEY STRATEGIES

12.8 ROBERT BOSCH GMBH

12.8.1 COMPANY OVERVIEW

12.8.2 FINANCIAL OVERVIEW

12.8.3 PRODUCTS/SERVICES OFFERED

12.8.4 KEY DEVELOPMENTS

12.8.5 SWOT ANALYSIS

12.8.6 KEY STRATEGIES

12.9 EMERSON ELECTRIC CO.

12.9.1 COMPANY OVERVIEW

12.9.2 FINANCIAL OVERVIEW

12.9.3 PRODUCTS/SERVICES OFFERED

12.9.4 KEY DEVELOPMENTS

12.9.5 SWOT ANALYSIS

12.9.6 KEY STRATEGIES

12.10 HITACHI, LTD.

12.10.1 COMPANY OVERVIEW

12.10.2 FINANCIAL OVERVIEW

12.10.3 PRODUCTS/SERVICES OFFERED

12.10.4 KEY DEVELOPMENTS

12.10.5 SWOT ANALYSIS

12.10.6 KEY STRATEGIES

12.11 JOHNSON ELECTRIC HOLDINGS LIMITED

12.11.1 COMPANY OVERVIEW

12.11.2 FINANCIAL OVERVIEW

12.11.3 PRODUCTS/SERVICES OFFERED

12.11.4 KEY DEVELOPMENTS

12.11.5 SWOT ANALYSIS

12.11.6 KEY STRATEGIES

12.12 ROCKWELL AUTOMATION, INC.

12.12.1 COMPANY OVERVIEW

12.12.2 FINANCIAL OVERVIEW

12.12.3 PRODUCTS/SERVICES OFFERED

12.12.4 KEY DEVELOPMENTS

12.12.5 SWOT ANALYSIS

12.12.6 KEY STRATEGIES

12.13 WEG S.A.

12.13.1 COMPANY OVERVIEW

12.13.2 FINANCIAL OVERVIEW

12.13.3 PRODUCTS/SERVICES OFFERED

12.13.4 KEY DEVELOPMENTS

12.13.5 SWOT ANALYSIS

12.13.6 KEY STRATEGIES

12.14 ARC SYSTEMS, INC.

12.14.1 COMPANY OVERVIEW

12.14.2 FINANCIAL OVERVIEW

12.14.3 PRODUCTS/SERVICES OFFERED

12.14.4 KEY DEVELOPMENTS

12.14.5 SWOT ANALYSIS

12.14.6 KEY STRATEGIES

12.15 TOSHIBA INTERNATIONAL CORPORATION

12.15.1 COMPANY OVERVIEW

12.15.2 FINANCIAL OVERVIEW

12.15.3 PRODUCTS/SERVICES OFFERED

12.15.4 KEY DEVELOPMENTS

12.15.5 SWOT ANALYSIS

12.15.6 KEY STRATEGIES

13 APPENDIX

13.1 REFERENCES

13.2 LIST OF ABBREVIATION

Additional information

Publisher

Geography Covered

Date Published

Pages

Format

Companies Mentioned

ABB Ltd (Switzerland), Siemens AG (Germany), General Electric (US), Nidec Motor Corporation (Japan), Denso Corporation (Japan), Allied Motion Technologies Inc. (US), Ametek, Inc. (US), Robert Bosch GmbH (Germany), Emerson Electric Co. (US), Hitachi, Ltd. (Japan), Johnson Electric Holdings Limited (China), Rockwell Automation, Inc. (US), WEG S.A. (Brazil), ARC Systems, Inc. (US), and Toshiba Corporation (Japan)

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