US Electric Motors Market

NEW YORK, April 8, 2013 /PRNewswire/ -- Reportlinker.com announces that a new market research report is available in its catalogue:

US Electric Motors Market
http://www.reportlinker.com/p01158041/US-Electric-Motors-Market.html#utm_source=prnewswire&utm_medium=pr&utm_campaign=Automobile_Engine

US demand to rise 4.5% annually through 2017

US demand for electric motors is expected to increase 4.5 percent annually through 2017 to $14.3 billion, accelerating from the 2007-2012 period when nearly every major market for these devices struggled. Product sales will climb 2.3 percent per year in unit terms to 1.4 billion in 2017. Electric motors are key components in many durable goods, and, as manufacturing output rises, sales of electric motors are expected to follow.

AC motors to remain largest product segment

The market for AC motors will grow the most in absolute terms, and remain the largest product segment in 2017. However, due to the large size of this market, AC motors will post the slowest gains among product categories in percentage terms. AC motors are used in a myriad of applications, including household appliances and heating and cooling equipment, shipments of which are forecast to rise with renewed strength. Dollar increases will also be supported by producers upgrading to more energy efficient motors.

Demand for direct current (DC) motors, the second largest product segment, will expand faster than sales of AC motors but slower than those of hermetic motors through 2017. DC motors are used extensively in automotive applications, and suppliers will benefit from growth in motor vehicle output following an extended period of decline. Hermetic motors (which are permanently sealed to prevent the transmission of air, moisture vapor, and other gases) will register the fastest market advances of any motor product segment, despite being the smallest in dollar terms. Gains will primarily be driven by the favorable outlook for shipments of heating and cooling equipment and household appliances, with expanding aerospace and industrial machinery output also contributing to sales increases.

Heating, cooling equipment to be fastest growing market

Among major markets, heating and cooling equipment applications are projected to register the fastest sales growth in percentage terms through 2017, bolstered by increases in building construction after a prolonged period of weakness. The motor vehicle market will record the second most rapid gains as automotive production rises and the number of electric motor-dependent systems in the average vehicle continues to climb. Growing demand for electric traction motors used in hybrid/electric vehicles will also contribute to automotive sales gains, although this will remain a small market in absolute terms. Sizable advances are forecast as well for aerospace and other transportation equipment motor applications, as air traffic expands along with economic activity and more households purchase recreational products such as boats or campers.

FHP motors to remain dominant product category

Fractional horsepower (FHP) motors, those with a horsepower rating of less than one, are expected to remain the dominant product category in 2017 in both value and volume terms. This will be due to their extensive use in the mechanical systems of products ranging from aerospace and heating and cooling equipment to motor vehicles, all of which will experience an increase in shipments.

Demand for integral horsepower (IHP) motors (those with a horsepower rating of one or greater), however, is expected to grow faster than FHP motor consumption as industrial users upgrade to more energy efficient IHP motors.

Study coverage

This upcoming Freedonia industry study, Electric Motors, is priced at $4900. It presents historical demand data (2002, 2007, 2012) plus forecasts for 2017 and 2022 by type, power rating and market. The study also considers market environment factors, evaluates company market share and profiles 32 US industry players.

TABLE OF CONTENTS

INTRODUCTION viii

I. EXECUTIVE SUMMARY 1

II. MARKET ENVIRONMENT 4

General 4
Macroeconomic Environment 5
Personal Income & Expenditures 8
Demographic Outlook 11
Fixed Investment Trends 16
Manufacturing Outlook 18
Pricing Patterns 22
Historical Market Trends 25
Standards & Regulations 27
Technological Trends 29
Materials Trends 32
International Environment 33
US Foreign Trade 34
Imports 35
Exports 38

III. PRODUCTS 41

General 41
Fractional Horsepower Motors 43
Fractional Horsepower Motor Supply & Demand 43
Fractional Horsepower Motor Demand by Type & Market 45
Integral Horsepower Motors 47
Integral Horsepower Motor Supply & Demand 47
Integral Horsepower Motor Demand by Type & Market 49
AC Motors 52
Fractional AC Motors 54
Single Phase 56
Polyphase 59
Integral AC Motors 61
Induction 63
Synchronous 64
DC Motors 66
Fractional DC Motors 69
Brushed 70
Brushless 73
Integral DC Motors 75
Brushed 77
Brushless 79
Hermetic Motors 81
Fractional 83
Integral 85

IV. MARKETS 87

General 87
Motor Vehicles 89
Motor Vehicle Outlook 89
Motor Vehicle Market 93
Internal Combustion Engine Light Vehicles 97
Hybrid/Electric Light Vehicles 99
Medium & Heavy Duty Vehicles 102
Heating & Cooling Equipment 104
Heating & Cooling Equipment Outlook 104
Heating & Cooling Equipment Market 106
Machinery 109
Machinery Outlook 109
Machinery Market 111
Household Appliances 114
Household Appliances Outlook 114
Household Appliance Market 116
Major Appliances 117
Small Appliances 119
Aerospace & Other Transportation Equipment 121
Aerospace & Other Transportation Equipment Outlook 121
Aerospace & Other Transportation Equipment Market 123
Commercial & Service Industry Equipment 125
Commercial & Service Industry Equipment Outlook 125
Commercial & Service Industry Equipment Market 127
Other Markets 129

V. INDUSTRY STRUCTURE 131

General 131
Industry Structure 132
Market Share 134
Product Development 140
Manufacturing 143
Marketing & Distribution 145
Cooperative Agreements 146
Mergers & Acquisitions 148
Company Profiles 151
ABB Limited 152
Advanced Motors and Drives, see Nidec
Allied Motion Technologies Incorporated 155
AMETEK Incorporated 157
AO Smith Electrical Products, see Regal Beloit
ASMO Manufacturing, see DENSO
ASMO North Carolina, see DENSO
Baldor Electric, see ABB Limited
Bay Motor Products Incorporated 160
Bodine Electric Company 161
Bosch (Robert) GmbH 162
Control Techniques, see Emerson Electric
Danaher Corporation 165
DENSO Corporation 167
Dumore Corporation 168
Dunkermotoren, see AMETEK
Elco Group, see Regal Beloit
Electric Machinery, see WEG
Emerson Electric Company 169
Euclid Universal, see Nidec
Franklin Electric Company Incorporated 171
General Electric Company 172
General Motors Company 176
Groschopp AG 177
Hansen, see Minebea
HBD Industries Incorporated 179
Hub City, see Regal Beloit
Imperial Electric, see Nidec
ITT Corporation 181
Johnson Electric Holdings Limited 183
Kinetek, see Nidec
Kollmorgen, see Danaher
LEESON Electric, see Regal Beloit
Leroy-Somer, see Emerson Electric
Mabuchi Motor Company Limited 185
Magnetek Incorporated 186
Mamco Corporation 187
Marathon Electric Manufacturing, see Regal Beloit
Merkle-Korff Industries, see Nidec
MET Motors, see Minnesota Electric Technology
Minebea Company Limited 189
Minnesota Electric Technology Incorporated 191
Nidec Corporation 192
Ohio Electric Motors, see HBD Industries
Parvalux Electric Motors Limited 197
Peerless Electric, see HBD Industries
Power Electric 198
Powertec Industrial Motors, see HBD Industries
Ramu, see Regal Beloit
Regal Beloit Corporation 199
Remy International Incorporated 204
Robert Bosch, see Bosch (Robert)
Siemens AG 207
SL Industries Incorporated 209
Smith (AO) Corporation 211
Specialty Motors Incorporated 212
Sterling Electric Incorporated 213
Unico, see Regal Beloit
Valeo SA 214
WEG SA 215
Additional Companies Mentioned in the Study 218

LIST OF TABLES

SECTION I -- EXECUTIVE SUMMARY

Summary Table 3

SECTION II -- MARKET ENVIRONMENT

1 Macroeconomic Environment 8
2 Personal Consumption Expenditures 11
3 Population & Households 15
4 Nonresidential Fixed Investment 18
5 Manufacturers' Shipments 22
6 Electric Motor Price Deflators 24
7 Electric Motor Historical Market, 2002-2012 26
8 US Foreign Trade in Electric Motors 35
9 US Electric Motor Imports by Source 37
10 US Electric Motor Exports by Destination 39

SECTION III -- PRODUCTS

1 Electric Motor Supply & Demand 42
2 Fractional Horsepower Motor Supply & Demand 44
3 Fractional Horsepower Motor Demand by Type & Market 46
4 Integral Horsepower Motor Supply & Demand 49
5 Integral Horsepower Motor Demand by Type & Market 51
6 AC Motor Demand 54
7 Fractional Horsepower AC Motor Demand 55
8 Single Phase Fractional AC Motor Demand 59
9 Polyphase Fractional AC Motor Demand 61
10 Integral Horsepower AC Motor Demand 62
11 Integral Induction Motor Demand 64
12 Integral Synchronous Motor Demand 66
13 DC Motor Demand 68
14 Fractional Horsepower DC Motor Demand 70
15 Brushed Fractional DC Motor Demand 73
16 Brushless Fractional DC Motor Demand 75
17 Integral Horsepower DC Motor Demand 77
18 Brushed Integral DC Motor Demand 79
19 Brushless Integral DC Motor Demand 81
20 Hermetic Motor Demand 83
21 Fractional Horsepower Hermetic Motor Demand 84
22 Integral Horsepower Hermetic Motor Demand 86

SECTION IV -- MARKETS

1 Electric Motor Demand by Market 88
2 Motor Vehicle Indicators 93
3 Motor Vehicle Electric Motor Demand by Type, Segment,
& Application 96
4 Internal Combustion Engine Light Vehicle Electric Motor
Demand 99
5 Hybrid/Electric Light Vehicle Electric Motor Demand 102
6 Medium & Heavy Duty Vehicle Electric Motor Demand 104
7 Heating & Cooling Equipment Shipments 106
8 Heating & Cooling Equipment Electric Motor Demand 108
9 Machinery Shipments 111
10 Machinery Electric Motor Demand 113
11 Household Appliance Shipments 115
12 Household Appliance Electric Motor Demand by Type
& Segment 117
13 Major Appliance Electric Motor Demand 119
14 Small Appliance Electric Motor Demand 120
15 Aerospace & Other Transportation Equipment Shipments 123
16 Aerospace & Other Transportation Equipment Electric Motor
Demand 125
17 Commercial & Service Industry Equipment Shipments 127
18 Commercial & Service Industry Equipment Electric Motor
Demand 129
19 Other Markets Electric Motor Demand 130

SECTION V -- INDUSTRY STRUCTURE

1 US Electric Motor Sales by Company, 2012 133
2 Research & Development Spending Patterns: Selected
Electric Motor Manufacturers, 2010-2012 143
3 Corporate Capital Spending Patterns: Selected Electric Motor
Manufacturers, 2010-2012 145
4 Selected Cooperative Agreements 148
5 Selected Acquisitions & Divestitures 150

LIST OF CHARTS

SECTION II -- MARKET ENVIRONMENT

1 Electric Motor Price Deflators, 2002-2022 25
2 Electric Motor Historical Market, 2002-2012 27
3 US Electric Motor Imports by Source, 2012 38
4 US Electric Motor Exports by Destination, 2012 40

SECTION III -- PRODUCTS

1 Fractional Horsepower Motor Demand by Type, 2012 47
2 Integral Horsepower Motor Demand by Type, 2012 52

SECTION IV -- MARKETS

1 Electric Motor Demand by Market, 2012 88
2 Motor Vehicle Electric Motor Demand by Segment, 2012 97

SECTION V -- INDUSTRY STRUCTURE

1 US Electric Motor Market Share by Company, 2012 135

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Automobile_Engine Industry: US Electric Motors Market

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