Electric Motors Market for household appliances Forecast to 2027 Market Overview After experiencing the effects of the pandemic, the market for electric motors for household appliances is projected to increase at a respectable and significant rate. The market report on electric motors for home appliances includes a qualitative market analysis that will aid market buyers and investors in making wiser judgments for the anticipated time period. The market study discusses the market segments' potential as well as the escalating rivalry on national and international markets. The impact of the pandemic and the market drivers that would drive the market throughout the forecast period are also covered in the study. The performance of the key market players is also included in the study. Segment Overview The five categories of type, voltage, output power, application, and region have been used to divide the market for electric motors used in home appliances. The two market sectors for electric motors are AC motors and DC motors, according to the source. The global electric motors market is divided into three voltage categories: up to 50 V, 50 V–120 V, and over 120 V. Electric motors are available in categories for use in refrigerators, washing machines, ovens, vacuum cleaners, dishwashing machines, and other appliances. Other categories of the global electric motors market have been developed based on output power for motors with an output of 500W or more. Regional Analysis Due to the advancement of market trends for electric motors for home appliances, the market is mostly operational in 4 key regions: North America, the APAC region, the European countries, and the rest of the globe (RoW). The fifth region, LAMEA, is likewise seeing signs of market development. The APAC region is expected to have the highest market CAGR and total market value by the end of the forecast period in 2030, according to industry analysts. Major Players Baldor Electric Incorporation, Siemens AG, Sanhua Aweco (Germany), Brook Crompton UK Limited, Johnson Electric Holdings Limited (Hong Kong), Toshiba Corporation, Panasonic Corporation (Japan), Asmo Corporation Limited, Nidec Motor Corporation (Japan), Keli Motor Group Co., Ltd. (China), C.G. Power and Industrial Solutions Limited (India), Dumore Motors (U.S.), NMB (U.S.), Newmotech are among the leading companies operating in the global Electric motors market. COVID 19 Impacts The market was fully operational over the historical forecast period, which ended in 2019, and as a result, the profit margins and CAGR growth were encouraging. However, the pandemic year of 2020 served as the base for the market assessment completed for the current forecast period of 2022–2030. However, neither the market's operation nor global growth have benefited by the pandemic's arrival. The pandemic puts the audience's health and lives at risk on a global scale. As a result, they are moving toward changing their way of life and implementing strategies that will enable them to make adjustments to their way of life, particularly during the current projection period, which will conclude in 2030. Governments, as well as the major market participants, are aware of the market's growing need to transition to new goods and services that will better meet the needs of the intended consumer base. Additionally, the increased investment is probably going to assist the market in achieving its long-term sustainability and preferred aims.

1 EXECUTIVE SUMMARY 1.1 MARKET ATTRACTIVENESS ANALYSIS 19 1.1.1 GLOBAL ELECTRIC MOTORS MARKET FOR HOUSEHOLD APPLIANCES, BY TYPE 20 1.1.2 GLOBAL ELECTRIC MOTORS MARKET FOR HOUSEHOLD APPLIANCES, BY VOLTAGE 21 1.1.3 GLOBAL ELECTRIC MOTORS MARKET FOR HOUSEHOLD APPLIANCES, BY OUTPUT POWER 22 1.1.4 GLOBAL ELECTRIC MOTORS MARKET FOR HOUSEHOLD APPLIANCES, BY APPLICATION 23 1.1.5 GLOBAL ELECTRIC MOTORS MARKET FOR HOUSEHOLD APPLIANCES, BY REGION 24 2 MARKET INTRODUCTION 2.1 DEFINITION 25 2.2 SCOPE OF THE STUDY 25 2.3 RESEARCH OBJECTIVE 25 2.4 MARKET STRUCTURE 26 3 RESEARCH METHODOLOGY 3.1 RESEARCH PROCESS 27 3.2 PRIMARY RESEARCH 28 3.3 SECONDARY RESEARCH 29 3.4 MARKET SIZE ESTIMATION 29 3.5 FORECAST MODEL 31 3.6 LIST OF ASSUMPTIONS 32 4 MARKET INSIGHTS 5 MARKET DYNAMICS 5.1 OVERVIEW 36 5.2 DRIVERS 36 5.2.1 DEMAND FOR HVAC IN RESIDENTIAL SECTOR 36 5.2.2 INCREASING AFFORDABILITY OF HOUSEHOLD APPLIANCES 36 5.3 RESTRAINT 37 5.3.1 AVAILABILITY OF COUNTERFEIT PRODUCTS 37 5.4 OPPORTUNITY 38 5.4.1 ADVANCED AND HIGH-PERFORMANCE HOUSEHOLD APPLIANCES 38 5.4.2 POTENTIAL IN PARTS OF ASIA-PACIFIC AND THE MIDDLE EAST & AFRICA 38 6 MARKET FACTOR ANALYSIS 6.1 SUPPLY CHAIN ANALYSIS 39 6.1.1 RAW MATERIAL AND COMPONENT SUPPLY 40 6.1.2 COMPONENT MANUFACTURE & ASSEMBLY 40 6.1.3 SALES & DISTRIBUTION 40 6.1.4 END USE 40 6.1.5 AFTERSALES 40 6.2 PORTER’S FIVE FORCES MODEL 41 6.2.1 THREAT OF NEW ENTRANTS 42 6.2.2 BARGAINING POWER OF SUPPLIERS 42 6.2.3 BARGAINING POWER OF BUYERS 42 6.2.4 THREAT OF SUBSTITUTES 42 6.2.5 RIVALRY 42 7 GLOBAL ELECTRIC MOTORS MARKET FOR HOUSEHOLD APPLIANCES, BY TYPE 7.1 OVERVIEW 43 7.2 AC MOTORS 44 7.3 DC MOTORS 45 8 GLOBAL ELECTRIC MOTORS MARKET FOR HOUSEHOLD APPLIANCES, BY VOLTAGE 8.1 OVERVIEW 46 8.2 UP TO 50 V 47 8.3 50 V - 120 V 48 8.4 ABOVE 120 V 48 9 GLOBAL ELECTRIC MOTORS MARKET FOR HOUSEHOLD APPLIANCES, BY OUTPUT POWER 9.1 OVERVIEW 49 9.2 UP TO 500 W 50 9.3 ABOVE 500 W 50 10 GLOBAL ELECTRIC MOTORS MARKET FOR HOUSEHOLD APPLIANCES, BY APPLICATION 10.1 OVERVIEW 51 10.2 REFRIGERATOR 53 10.3 OVENS 53 10.4 WASHING MACHINE 53 10.5 VACUUM CLEANER 54 10.6 ELECTRIC FAN 54 10.7 DISHWASHER 54 10.8 RANGE HOOD 54 10.9 TUMBLE DRYER 55 10.10 WASH DRYER 55 10.11 FREEZER 55 11 GLOBAL ELECTRIC MOTORS MARKET FOR HOUSEHOLD APPLIANCES, BY REGION 11.1 OVERVIEW 56 11.2 NORTH AMERICA 58 11.2.1 US 60 11.2.2 CANADA 62 11.2.3 MEXICO 64 11.3 EUROPE 67 11.3.1 UK 69 11.3.2 FRANCE 71 11.3.3 GERMANY 73 11.3.4 ITALY 75 11.3.5 REST OF EUROPE 77 11.4 ASIA-PACIFIC 80 11.4.1 CHINA 82 11.4.2 JAPAN 84 11.4.3 INDIA 86 11.4.4 AUSTRALIA 88 11.4.5 REST OF ASIA-PACIFIC 90 11.5 MIDDLE EAST & AFRICA 93 11.5.1 SAUDI ARABIA 95 11.5.2 UAE 97 11.5.3 SOUTH AFRICA 99 11.5.4 REST OF MIDDLE EAST & AFRICA 101 11.6 SOUTH AMERICA 104 11.6.1 BRAZIL 106 11.6.2 ARGENTINA 108 11.6.3 REST OF SOUTH AMERICA 110 12 COMPETITIVE LANDSCAPE 12.1 COMPETITIVE OVERVIEW 113 12.2 COMPETITIVE BENCHMARKING 114 12.3 MARKET SHARE ANALYSIS 115 12.4 KEY DEVELOPMENTS & GROWTH STRATEGIES 115 12.4.1 PRODUCT LAUNCHES 115 12.4.2 MERGERS & ACQUISITIONS 116 13 COMPANY PROFILES 13.1 JOHNSON ELECTRIC HOLDINGS LIMITED 117 13.1.1 COMPANY OVERVIEW 117 13.1.2 FINANCIAL OVERVIEW 118 13.1.3 PRODUCTS OFFERED 119 13.1.4 KEY DEVELOPMENTS 120 13.1.5 SWOT ANALYSIS 121 13.1.6 KEY STRATEGIES 121 13.2 EBM-PAPST 122 13.2.1 COMPANY OVERVIEW 122 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 132 13.4.3 PRODUCTS OFFERED 133 13.4.4 KEY DEVELOPMENTS 133 13.4.5 SWOT ANALYSIS 134 13.4.6 KEY STRATEGIES 134 13.5 NIDEC MOTOR CORPORATION 135 13.5.1 COMPANY OVERVIEW 135 13.5.2 FINANCIAL OVERVIEW 136 13.5.3 PRODUCTS OFFERED 137 13.5.4 KEY DEVELOPMENTS 142 13.5.5 SWOT ANALYSIS 143 13.5.6 KEY STRATEGIES 144 13.6 CEBI GROUP 145 13.6.1 COMPANY OVERVIEW 145 13.6.2 FINANCIAL OVERVIEW 145 13.6.3 PRODUCTS OFFERED 145 13.6.4 KEY DEVELOPMENTS 146 13.7 ELICA S.P.A 147 13.7.1 COMPANY OVERVIEW 147 13.7.2 FINANCIAL OVERVIEW 147 13.7.3 PRODUCTS OFFERED 148 13.7.4 KEY DEVELOPMENTS 149 13.8 NEWMOTECH CO., LTD 150 13.8.1 COMPANY OVERVIEW 150 13.8.2 FINANCIAL OVERVIEW 150 13.8.3 PRODUCTS OFFERED 150 13.8.4 KEY DEVELOPMENTS 150 13.9 DIEHL STIFTUNG & CO. KG 151 13.9.1 COMPANY OVERVIEW 151 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 162 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