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Latin America Electric Motor Market (2024-2030) | Growth, Companies, Forecast, Industry, Outlook, Size, Share, Value, Trends, Revenue & Analysis

Market Forecast by Countries (Brazil, Mexico, Argentina, Rest of Latin America), By Motor Type (Alternate Current (AC) Motor, Direct Current (DC) Motor, Hermetic Motor), By Output Power, By Voltage Range (9 V & Below, 10-20 V, 21-60 V, 60 V & Above), By Application (Industrial machinery, Motor vehicles, Heating, ventilating, and cooling (HVAC) equipment, Aerospace & transportation, Household appliances, Other), By Speed (RPM) (Low-Speed Electric Motors (Less Than 1,000 RPM), Medium-Speed Electric Motors (1,001-25,000 RPM), High-Speed Electric Motors (25,001-75,000 RPM), Ultrahigh-Speed Electric Motors (Greater Than 75,001 RPM)) And Competitive Landscape

Product Code: ETC058935	Publication Date: Dec 2023	Updated Date: Jan 2024	Product Type: Report
Publisher: 6Wresearch	No. of Pages: 200	No. of Figures: 89	No. of Tables: 30

Topics Covered in the Latin America Electric Motor Market

Latin America Electric Motor Market report thoroughly covers the market by countries, by motor type, by voltage range, by application, and by speed. The market outlook report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Latin America Electric Motor Market Synopsis

Latin America Electric Motor Market is rapidly evolving, driven by increasing demand for renewable energy, industrialization, and automation. Electric motors are rapidly emerging as one of the most transformative technologies in modern times. As the world moves towards renewable and sustainable energy, electric motors are playing a crucial role in driving this transition. Latin America, with its abundant natural resources, growing industrialization, and increasing demand for sustainable energy, is fast becoming a major market for electric motors.

According to 6Wresearch, the Latin America Electric Motor Market size was valued at USD 4.63 billion and is expected to reach USD 7.88 billion, growing at a CAGR of 11.89% during the forecast period of 2024-2030. One of the primary drivers of Latin America electric motor market growth is the increasing focus on renewable energy sources. Countries across the region are increasingly adopting renewable energy policies, with wind and solar power leading the way. Electric motors, with their high efficiency and low emissions, are an ideal choice for powering renewable energy systems. Another key driver is increasing industrialization and automation across the region, especially in the automotive, manufacturing, and construction sectors. Despite the growing demand for electric motors, there are several challenges that the market is facing in Latin America. The first challenge is the lack of infrastructure for charging and power supply, which is hindering the adoption of electric vehicles and other electric-powered machinery. The second challenge is the high cost of electric motors, which is often a barrier for small and medium-sized enterprises. The electric motor market in Latin America is witnessing some key trends that are shaping its future. For instance, the adoption of smart and connected electric motors, which are integrated with sensors and control systems for efficient and intelligent operation. These motors offer real-time monitoring and diagnosis, predictive maintenance, and energy optimization, which can lead to significant cost savings and efficiency gains. Despite the challenges, the Latin America electric motor industry offers significant opportunities for growth and innovation. One of the key opportunities is the development of local manufacturing capabilities, which can help reduce costs and create jobs.

Government policies and schemes introduced in the Latin America Electric Motor Market

Brazil has been at the forefront of promoting the adoption of clean energy solutions and has introduced several policies and schemes in support of the Latin America electric motor industry. The Brazilian Development Bank (BNDES) offers financing for companies wanting to invest in electric motors. The Brazilian Energy Research Office (EPE) runs an R&D program aimed at promoting innovation in the electric motor industry. In recent years, the government has taken significant steps towards promoting sustainable transportation. The country's electric motor industry has been on an upward trajectory, with the government introducing policies and schemes to support its growth. The government has recognized the need for energy-efficient solutions, and several policies and schemes have been introduced to support its growth. The National Action Plan on Climate Change aims to reduce greenhouse gas emissions by 50% by 2050. Additionally, the Energy Transition Law mandates the integration of clean energy sources in the power sector.

Prominent players in the Latin America Electric Motor Market

The Latin America Electric Motor Market is dominated by several prominent players. One of the leading players is WEG SA, a Brazil-based company that manufactures electric motors and automation technology solutions. Another major player is ABB Group, a Switzerland-based company that offers a range of electric motors and drives. Additionally, Siemens AG, a Germany-based company, provides solutions for electric motor applications in industries such as healthcare, manufacturing, and transportation.

Market Analysis by Motor Type

By Motor Type, AC motors hold the largest market share due to their high efficiency, easy maintenance, and low noise level. DC motors, on the other hand, are growing in demand due to their ability to operate at varying speeds and torque levels. Hermetic motors, which are used in refrigeration and HVAC systems, are also seeing a rise in demand as energy-efficient products become more popular.

Market Analysis by Voltage

By Voltage, Motors with a voltage range of 21-60V is currently leading the Latin America Electric Motor Market Share due to their wide range of applications, such as industrial machinery, aerospace, and household appliances. However, the 60V & above segment is predicted to grow at a faster rate due to the increasing adoption of electric vehicles and renewable energy sources.

Market Analysis by Application

According to Pallavi, Senior Research Analyst, 6Wresearch, the industrial machinery segment holds the largest market share due to the widespread use of electric motors in this industry. However, the motor vehicle segment is growing at a faster rate due to the increasing production of electric vehicles and a shift towards electric mobility.

Key Attractiveness of the Report

COVID-19 Impact on the Market.
10 Years Market Numbers.
Historical Data Starting from 2020 to 2023.
Base Year: 2023
Forecast Data until 2030.
Key Performance Indicators Impacting the Market.
Major Upcoming Developments and Projects.

Key Highlights of the Report

Latin America Electric Motor Market Outlook
Market Size of Latin America Electric Motor Market, 2023
Forecast of Latin America Electric Motor Market, 2030
Historical Data and Forecast of Latin America Electric Motor Revenues & Volume for the Period 2020-2030
Latin America Electric Motor Market Trend Evolution
Latin America Electric Motor Market Drivers and Challenges
Latin America Electric Motor Price Trends
Latin America Electric Motor Porter's Five Forces
Latin America Electric Motor Industry Life Cycle
Historical Data and Forecast of Latin America Electric Motor Market Revenues & Volume By Motor Type for the Period 2020-2030
Historical Data and Forecast of Latin America Electric Motor Market Revenues & Volume By Alternate Current (AC) Motor for the Period 2020-2030
Historical Data and Forecast of Latin America Electric Motor Market Revenues & Volume By Direct Current (DC) Motor for the Period 2020-2030
Historical Data and Forecast of Latin America Electric Motor Market Revenues & Volume By Hermetic Motor for the Period 2020-2030
Historical Data and Forecast of Brazil Electric Motor Market Revenues & Volume By Motor Type for the Period 2020-2030
Historical Data and Forecast of Brazil Electric Motor Market Revenues & Volume By Alternate Current (AC) Motor for the Period 2020-2030
Historical Data and Forecast of Brazil Electric Motor Market Revenues & Volume By Direct Current (DC) Motor for the Period 2020-2030
Historical Data and Forecast of Brazil Electric Motor Market Revenues & Volume By Hermetic Motor for the Period 2020-2030
Historical Data and Forecast of Mexico Electric Motor Market Revenues & Volume By Motor Type for the Period 2020-2030
Historical Data and Forecast of Mexico Electric Motor Market Revenues & Volume By Alternate Current (AC) Motor for the Period 2020-2030
Historical Data and Forecast of Mexico Electric Motor Market Revenues & Volume By Direct Current (DC) Motor for the Period 2020-2030
Historical Data and Forecast of Mexico Electric Motor Market Revenues & Volume By Hermetic Motor for the Period 2020-2030
Historical Data and Forecast of Argentina Electric Motor Market Revenues & Volume By Motor Type for the Period 2020-2030
Historical Data and Forecast of Argentina Electric Motor Market Revenues & Volume By Alternate Current (AC) Motor for the Period 2020-2030
Historical Data and Forecast of Argentina Electric Motor Market Revenues & Volume By Direct Current (DC) Motor for the Period 2020-2030
Historical Data and Forecast of Argentina Electric Motor Market Revenues & Volume By Hermetic Motor for the Period 2020-2030
Historical Data and Forecast of Rest of Latin America Electric Motor Market Revenues & Volume By Motor Type for the Period 2020-2030
Historical Data and Forecast of Rest of Latin America Electric Motor Market Revenues & Volume By Alternate Current (AC) Motor for the Period 2020-2030
Historical Data and Forecast of Rest of Latin America Electric Motor Market Revenues & Volume By Direct Current (DC) Motor for the Period 2020-2030
Historical Data and Forecast of Rest of Latin America Electric Motor Market Revenues & Volume By Hermetic Motor for the Period 2020-2030
Historical Data and Forecast of Latin America Electric Motor Market Revenues & Volume By Output Power for the Period 2020-2030
Historical Data and Forecast of Brazil Electric Motor Market Revenues & Volume By Output Power for the Period 2020-2030
Historical Data and Forecast of Mexico Electric Motor Market Revenues & Volume By Output Power for the Period 2020-2030
Historical Data and Forecast of Argentina Electric Motor Market Revenues & Volume By Output Power for the Period 2020-2030
Historical Data and Forecast of Rest of Latin America Electric Motor Market Revenues & Volume By Output Power for the Period 2020-2030
Historical Data and Forecast of Latin America Electric Motor Market Revenues & Volume By Voltage Range for the Period 2020-2030
Historical Data and Forecast of Latin America Electric Motor Market Revenues & Volume By 9 V & Below for the Period 2020-2030
Historical Data and Forecast of Latin America Electric Motor Market Revenues & Volume By 10-20 V for the Period 2020-2030
Historical Data and Forecast of Latin America Electric Motor Market Revenues & Volume By 21-60 V for the Period 2020-2030
Historical Data and Forecast of Latin America Electric Motor Market Revenues & Volume By 60 V & Above for the Period 2020-2030
Historical Data and Forecast of Brazil Electric Motor Market Revenues & Volume By Voltage Range for the Period 2020-2030
Historical Data and Forecast of Brazil Electric Motor Market Revenues & Volume By 9 V & Below for the Period 2020-2030
Historical Data and Forecast of Brazil Electric Motor Market Revenues & Volume By 10-20 V for the Period 2020-2030
Historical Data and Forecast of Brazil Electric Motor Market Revenues & Volume By 21-60 V for the Period 2020-2030
Historical Data and Forecast of Brazil Electric Motor Market Revenues & Volume By 60 V & Above for the Period 2020-2030
Historical Data and Forecast of Mexico Electric Motor Market Revenues & Volume By Voltage Range for the Period 2020-2030
Historical Data and Forecast of Mexico Electric Motor Market Revenues & Volume By 9 V & Below for the Period 2020-2030
Historical Data and Forecast of Mexico Electric Motor Market Revenues & Volume By 10-20 V for the Period 2020-2030
Historical Data and Forecast of Mexico Electric Motor Market Revenues & Volume By 21-60 V for the Period 2020-2030
Historical Data and Forecast of Mexico Electric Motor Market Revenues & Volume By 60 V & Above for the Period 2020-2030
Historical Data and Forecast of Argentina Electric Motor Market Revenues & Volume By Voltage Range for the Period 2020-2030
Historical Data and Forecast of Argentina Electric Motor Market Revenues & Volume By 9 V & Below for the Period 2020-2030
Historical Data and Forecast of Argentina Electric Motor Market Revenues & Volume By 10-20 V for the Period 2020-2030
Historical Data and Forecast of Argentina Electric Motor Market Revenues & Volume By 21-60 V for the Period 2020-2030
Historical Data and Forecast of Argentina Electric Motor Market Revenues & Volume By 60 V & Above for the Period 2020-2030
Historical Data and Forecast of Rest of Latin America Electric Motor Market Revenues & Volume By Voltage Range for the Period 2020-2030
Historical Data and Forecast of Rest of Latin America Electric Motor Market Revenues & Volume By 9 V & Below for the Period 2020-2030
Historical Data and Forecast of Rest of Latin America Electric Motor Market Revenues & Volume By 10-20 V for the Period 2020-2030
Historical Data and Forecast of Rest of Latin America Electric Motor Market Revenues & Volume By 21-60 V for the Period 2020-2030
Historical Data and Forecast of Rest of Latin America Electric Motor Market Revenues & Volume By 60 V & Above for the Period 2020-2030
Historical Data and Forecast of Latin America Electric Motor Market Revenues & Volume By Application for the Period 2020-2030
Historical Data and Forecast of Latin America Electric Motor Market Revenues & Volume By Industrial machinery for the Period 2020-2030
Historical Data and Forecast of Latin America Electric Motor Market Revenues & Volume By Motor vehicles for the Period 2020-2030
Historical Data and Forecast of Latin America Electric Motor Market Revenues & Volume By Heating, ventilating, and cooling (HVAC) equipment for the Period 2020-2030
Historical Data and Forecast of Latin America Electric Motor Market Revenues & Volume By Aerospace & transportation for the Period 2020-2030
Historical Data and Forecast of Latin America Electric Motor Market Revenues & Volume By Household appliances for the Period 2020-2030
Historical Data and Forecast of Latin America Electric Motor Market Revenues & Volume By Other for the Period 2020-2030
Historical Data and Forecast of Brazil Electric Motor Market Revenues & Volume By Application for the Period 2020-2030
Historical Data and Forecast of Brazil Electric Motor Market Revenues & Volume By Industrial machinery for the Period 2020-2030
Historical Data and Forecast of Brazil Electric Motor Market Revenues & Volume By Motor vehicles for the Period 2020-2030
Historical Data and Forecast of Brazil Electric Motor Market Revenues & Volume By Heating, ventilating, and cooling (HVAC) equipment for the Period 2020-2030
Historical Data and Forecast of Brazil Electric Motor Market Revenues & Volume By Aerospace & transportation for the Period 2020-2030
Historical Data and Forecast of Brazil Electric Motor Market Revenues & Volume By Household appliances for the Period 2020-2030
Historical Data and Forecast of Brazil Electric Motor Market Revenues & Volume By Other for the Period 2020-2030
Historical Data and Forecast of Mexico Electric Motor Market Revenues & Volume By Application for the Period 2020-2030
Historical Data and Forecast of Mexico Electric Motor Market Revenues & Volume By Industrial machinery for the Period 2020-2030
Historical Data and Forecast of Mexico Electric Motor Market Revenues & Volume By Motor vehicles for the Period 2020-2030
Historical Data and Forecast of Mexico Electric Motor Market Revenues & Volume By Heating, ventilating, and cooling (HVAC) equipment for the Period 2020-2030
Historical Data and Forecast of Mexico Electric Motor Market Revenues & Volume By Aerospace & transportation for the Period 2020-2030
Historical Data and Forecast of Mexico Electric Motor Market Revenues & Volume By Household appliances for the Period 2020-2030
Historical Data and Forecast of Mexico Electric Motor Market Revenues & Volume By Other for the Period 2020-2030
Historical Data and Forecast of Argentina Electric Motor Market Revenues & Volume By Application for the Period 2020-2030
Historical Data and Forecast of Argentina Electric Motor Market Revenues & Volume By Industrial machinery for the Period 2020-2030
Historical Data and Forecast of Argentina Electric Motor Market Revenues & Volume By Motor vehicles for the Period 2020-2030
Historical Data and Forecast of Argentina Electric Motor Market Revenues & Volume By Heating, ventilating, and cooling (HVAC) equipment for the Period 2020-2030
Historical Data and Forecast of Argentina Electric Motor Market Revenues & Volume By Aerospace & transportation for the Period 2020-2030
Historical Data and Forecast of Argentina Electric Motor Market Revenues & Volume By Household appliances for the Period 2020-2030
Historical Data and Forecast of Argentina Electric Motor Market Revenues & Volume By Other for the Period 2020-2030
Historical Data and Forecast of Rest of Latin America Electric Motor Market Revenues & Volume By Application for the Period 2020-2030
Historical Data and Forecast of Rest of Latin America Electric Motor Market Revenues & Volume By Industrial machinery for the Period 2020-2030
Historical Data and Forecast of Rest of Latin America Electric Motor Market Revenues & Volume By Motor vehicles for the Period 2020-2030
Historical Data and Forecast of Rest of Latin America Electric Motor Market Revenues & Volume By Heating, ventilating, and cooling (HVAC) equipment for the Period 2020-2030
Historical Data and Forecast of Rest of Latin America Electric Motor Market Revenues & Volume By Aerospace & transportation for the Period 2020-2030
Historical Data and Forecast of Rest of Latin America Electric Motor Market Revenues & Volume By Household appliances for the Period 2020-2030
Historical Data and Forecast of Rest of Latin America Electric Motor Market Revenues & Volume By Other for the Period 2020-2030
Historical Data and Forecast of Latin America Electric Motor Market Revenues & Volume By Speed (RPM) for the Period 2020-2030
Historical Data and Forecast of Latin America Electric Motor Market Revenues & Volume By Low-Speed Electric Motors (Less Than 1,000 RPM) for the Period 2020-2030
Historical Data and Forecast of Latin America Electric Motor Market Revenues & Volume By Medium-Speed Electric Motors (1,001-25,000 RPM) for the Period 2020-2030
Historical Data and Forecast of Latin America Electric Motor Market Revenues & Volume By High-Speed Electric Motors (25,001-75,000 RPM) for the Period 2020-2030
Historical Data and Forecast of Latin America Electric Motor Market Revenues & Volume By Ultrahigh-Speed Electric Motors (Greater Than 75,001 RPM) for the Period 2020-2030
Historical Data and Forecast of Brazil Electric Motor Market Revenues & Volume By Speed (RPM) for the Period 2020-2030
Historical Data and Forecast of Brazil Electric Motor Market Revenues & Volume By Low-Speed Electric Motors (Less Than 1,000 RPM) for the Period 2020-2030
Historical Data and Forecast of Brazil Electric Motor Market Revenues & Volume By Medium-Speed Electric Motors (1,001-25,000 RPM) for the Period 2020-2030
Historical Data and Forecast of Brazil Electric Motor Market Revenues & Volume By High-Speed Electric Motors (25,001-75,000 RPM) for the Period 2020-2030
Historical Data and Forecast of Brazil Electric Motor Market Revenues & Volume By Ultrahigh-Speed Electric Motors (Greater Than 75,001 RPM) for the Period 2020-2030
Historical Data and Forecast of Mexico Electric Motor Market Revenues & Volume By Speed (RPM) for the Period 2020-2030
Historical Data and Forecast of Mexico Electric Motor Market Revenues & Volume By Low-Speed Electric Motors (Less Than 1,000 RPM) for the Period 2020-2030
Historical Data and Forecast of Mexico Electric Motor Market Revenues & Volume By Medium-Speed Electric Motors (1,001-25,000 RPM) for the Period 2020-2030
Historical Data and Forecast of Mexico Electric Motor Market Revenues & Volume By High-Speed Electric Motors (25,001-75,000 RPM) for the Period 2020-2030
Historical Data and Forecast of Mexico Electric Motor Market Revenues & Volume By Ultrahigh-Speed Electric Motors (Greater Than 75,001 RPM) for the Period 2020-2030
Historical Data and Forecast of Argentina Electric Motor Market Revenues & Volume By Speed (RPM) for the Period 2020-2030
Historical Data and Forecast of Argentina Electric Motor Market Revenues & Volume By Low-Speed Electric Motors (Less Than 1,000 RPM) for the Period 2020-2030
Historical Data and Forecast of Argentina Electric Motor Market Revenues & Volume By Medium-Speed Electric Motors (1,001-25,000 RPM) for the Period 2020-2030
Historical Data and Forecast of Argentina Electric Motor Market Revenues & Volume By High-Speed Electric Motors (25,001-75,000 RPM) for the Period 2020-2030
Historical Data and Forecast of Argentina Electric Motor Market Revenues & Volume By Ultrahigh-Speed Electric Motors (Greater Than 75,001 RPM) for the Period 2020-2030
Historical Data and Forecast of Rest of Latin America Electric Motor Market Revenues & Volume By Speed (RPM) for the Period 2020-2030
Historical Data and Forecast of Rest of Latin America Electric Motor Market Revenues & Volume By Low-Speed Electric Motors (Less Than 1,000 RPM) for the Period 2020-2030
Historical Data and Forecast of Rest of Latin America Electric Motor Market Revenues & Volume By Medium-Speed Electric Motors (1,001-25,000 RPM) for the Period 2020-2030
Historical Data and Forecast of Rest of Latin America Electric Motor Market Revenues & Volume By High-Speed Electric Motors (25,001-75,000 RPM) for the Period 2020-2030
Historical Data and Forecast of Rest of Latin America Electric Motor Market Revenues & Volume By Ultrahigh-Speed Electric Motors (Greater Than 75,001 RPM) for the Period 2020-2030
Latin America Electric Motor Market - Key Performance Indicators
Latin America Electric Motor Market - Import Export Trade Statistics
Latin America Electric Motor Market - Opportunity Assessment By Countries
Latin America Electric Motor Market - Opportunity Assessment By Motor Type
Latin America Electric Motor Market - Opportunity Assessment By Output Power
Latin America Electric Motor Market - Opportunity Assessment By Voltage Range
Latin America Electric Motor Market - Opportunity Assessment By Application
Latin America Electric Motor Market - Opportunity Assessment By Speed (RPM)
Latin America Electric Motor Market - Top Companies Market Share
Latin America Electric Motor Market - Top Companies Profiles
Latin America Electric Motor Market - Comparison of Players in Technical and Operating Parameters
Latin America Electric Motor Market - Strategic Recommendations

Market Covered

The report offers a comprehensive study of the subsequent market segments:

By Countries

Brazil
Mexico
Argentina
Rest Of Latin America

By Motor Type

Alternate Current (AC) Motor
Direct Current (DC) Motor
Hermetic Motor

By Voltage Range

9 V & Below
10-20 V
21-60 V
60 V & Above

By Application

Industrial Machinery
Motor Vehicles
Heating, Ventilating, And Cooling (HVAC) Equipment
Aerospace & Transportation
Household Appliances
Other

By Speed (RPM)

Low-Speed Electric Motors (Less Than 1,000 RPM)
Medium-Speed Electric Motors (1,001-25,000 RPM)
High-Speed Electric Motors (25,001-75,000 RPM)
Ultrahigh-Speed Electric Motors (Greater Than 75,001 RPM)

Latin America Electric Motor Market (2024-2030): FAQs

What is the size of the Latin America electric motor market?

What are the factors driving the growth of the Latin America electric motor market?

Which countries are leading the electric motor market in Latin America?

1 Executive Summary

2 Introduction

2.1 Key Highlights of the Report

2.2 Report Description

2.3 Market Scope & Segmentation

2.4 Research Methodology

2.5 Assumptions

3 Latin America Electric Motor Market Overview

3.1 Latin America Regional Macro Economic Indicators

3.2 Latin America Electric Motor Market Revenues & Volume, 2020 & 2030F

3.3 Latin America Electric Motor Market - Industry Life Cycle

3.4 Latin America Electric Motor Market - Porter's Five Forces

3.5 Latin America Electric Motor Market Revenues & Volume Share, By Countries, 2020 & 2030F

3.6 Latin America Electric Motor Market Revenues & Volume Share, By Motor Type, 2020 & 2030F

3.7 Latin America Electric Motor Market Revenues & Volume Share, By Output Power, 2020 & 2030F

3.8 Latin America Electric Motor Market Revenues & Volume Share, By Voltage Range, 2020 & 2030F

3.9 Latin America Electric Motor Market Revenues & Volume Share, By Application, 2020 & 2030F

3.10 Latin America Electric Motor Market Revenues & Volume Share, By Speed (RPM), 2020 & 2030F

4 Latin America Electric Motor Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.3 Market Restraints

5 Latin America Electric Motor Market Trends

6 Latin America Electric Motor Market, 2020 - 2030

6.1 Latin America Electric Motor Market, Revenues & Volume, By Motor Type, 2020 - 2030

6.2 Latin America Electric Motor Market, Revenues & Volume, By Output Power, 2020 - 2030

6.3 Latin America Electric Motor Market, Revenues & Volume, By Voltage Range, 2020 - 2030

6.4 Latin America Electric Motor Market, Revenues & Volume, By Application, 2020 - 2030

6.5 Latin America Electric Motor Market, Revenues & Volume, By Speed (RPM), 2020 - 2030

7 Brazil Electric Motor Market, 2020 - 2030

7.1 Brazil Electric Motor Market, Revenues & Volume, By Motor Type, 2020 - 2030

7.2 Brazil Electric Motor Market, Revenues & Volume, By Output Power, 2020 - 2030

7.3 Brazil Electric Motor Market, Revenues & Volume, By Voltage Range, 2020 - 2030

7.4 Brazil Electric Motor Market, Revenues & Volume, By Application, 2020 - 2030

7.5 Brazil Electric Motor Market, Revenues & Volume, By Speed (RPM), 2020 - 2030

8 Mexico Electric Motor Market, 2020 - 2030

8.1 Mexico Electric Motor Market, Revenues & Volume, By Motor Type, 2020 - 2030

8.2 Mexico Electric Motor Market, Revenues & Volume, By Output Power, 2020 - 2030

8.3 Mexico Electric Motor Market, Revenues & Volume, By Voltage Range, 2020 - 2030

8.4 Mexico Electric Motor Market, Revenues & Volume, By Application, 2020 - 2030

8.5 Mexico Electric Motor Market, Revenues & Volume, By Speed (RPM), 2020 - 2030

9 Argentina Electric Motor Market, 2020 - 2030

9.1 Argentina Electric Motor Market, Revenues & Volume, By Motor Type, 2020 - 2030

9.2 Argentina Electric Motor Market, Revenues & Volume, By Output Power, 2020 - 2030

9.3 Argentina Electric Motor Market, Revenues & Volume, By Voltage Range, 2020 - 2030

9.4 Argentina Electric Motor Market, Revenues & Volume, By Application, 2020 - 2030

9.5 Argentina Electric Motor Market, Revenues & Volume, By Speed (RPM), 2020 - 2030

10 Rest of Latin America Electric Motor Market, 2020 - 2030

10.1 Rest of Latin America Electric Motor Market, Revenues & Volume, By Motor Type, 2020 - 2030

10.2 Rest of Latin America Electric Motor Market, Revenues & Volume, By Output Power, 2020 - 2030

10.3 Rest of Latin America Electric Motor Market, Revenues & Volume, By Voltage Range, 2020 - 2030

10.4 Rest of Latin America Electric Motor Market, Revenues & Volume, By Application, 2020 - 2030

10.5 Rest of Latin America Electric Motor Market, Revenues & Volume, By Speed (RPM), 2020 - 2030

11 Latin America Electric Motor Market Key Performance Indicators

12 Latin America Electric Motor Market - Opportunity Assessment

12.1 Latin America Electric Motor Market Opportunity Assessment, By Countries, 2020 & 2030F

12.2 Latin America Electric Motor Market Opportunity Assessment, By Motor Type, 2020 & 2030F

12.3 Latin America Electric Motor Market Opportunity Assessment, By Output Power, 2020 & 2030F

12.4 Latin America Electric Motor Market Opportunity Assessment, By Voltage Range, 2020 & 2030F

12.5 Latin America Electric Motor Market Opportunity Assessment, By Application, 2020 & 2030F

12.6 Latin America Electric Motor Market Opportunity Assessment, By Speed (RPM), 2020 & 2030F

13 Latin America Electric Motor Market - Competitive Landscape

13.1 Latin America Electric Motor Market Revenue Share, By Companies, 2023

13.2 Latin America Electric Motor Market Competitive Benchmarking, By Operating and Technical Parameters

14 Company Profiles

15 Recommendations

16 Disclaimer

North America Electric Motors for Drones and Electric Vehicle Market

Saudi Arabia Electric Motors for Drones and Electric Vehicle Market

Argentina Electric Motor Market

Asia Pacific (APAC) Low Voltage Electric Motor Market

South Korea Electric Motor Market

Canada Electric Motor Market Outlook

India Electric Motors for Drones and Electric Vehicle Market

Latin America Electric Motors for Drones and Electric Vehicle Market

Europe Electric Motors for Drones and Electric Vehicle Market

Asia Pacific Electric Motors for Drones and Electric Vehicle Market

2021 May 20 : Market Research Report

Product Code: ETC058935	Publication Date: May 2021	Product Type: Market Research Report
Publisher: 6Wresearch	No. of Pages: 200	No. of Figures: 90	No. of Tables: 30

Latin America Electric Motor Market is projected to grow over the coming years. Latin America Electric Motor Market is a part of our various regional publications globally. 6W tracks Electric Motor Market for over 60 countries with individual country-wise market opportunity assessment and publishes the report titled Global Electric Motor Market outlook report annually.

Latin America Electric Motor Market report thoroughly covers market by motor type, speed, voltage, application and Countries. The market report provides an unbiased and detailed analysis of the on-going market trends, opportunities/high growth areas and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Latin America Electric Motor Market Synopsis

Latin America Electric Motor Market is expected to gain momentum during the upcoming period on account of increasing industrialization. Growing urbanization coupled with rising per capita income is driving the need for green vehicle further leading to the development of the market. Moreover, rising penetration towards environment concern beholds the shift towards electric vehicle further leading to the development of electric motor market. Rising global warming and carbon emission is further contributing to the growth of the market.

According to 6Wresearch, Latin America Electric Motor Market size is projected to register growth during 2021-2027. High efficiency and low operational cost is driving the growth of the electric motor market. The market is also riven by the development of agriculture, industrial and commercial sector. Growing industrial sector drives the demand for heavy machinery further beholds the development of the market. Government initiatives in order to reduce the consumption of fossil fuel and promote the electric vehicle further led to the development of the market. However, the global emergency od COVID-19 led to the negative growth of the market. Nationwide lockdown led to the disruption in supply chain. However, the market is expected to re-gain its growth during the upcoming years.

Market Analysis by Speed

On the basis of speed, high-speed segment is anticipated to dominate the market throughout the forecast period on account of rising preference

Market Analysis by Geography

Based on Geography, Columbia is the fastest growing in the Latin America on account of increasing government initiatives to promote electric vehicle.

Other Related Reports:

Asia Pacific Electric Motor Market	Global Electric Motor Market
Middle East Electric Motor Market	Europe Electric Motor Market
North America Electric Motor Market	Africa Electric Motor Market

Key Attractiveness of the Report

COVID-19 Impact on the Market.
10 Years Market Numbers.
Historical Data Starting from 2016 to 2019.
Base Year: 2019
Forecast Data until 2026.
Key Performance Indicators Impacting the Market.
Major Upcoming Developments and Projects.

Key Highlights of the Report:

Latin America Electric Motor Market Outlook
Market Size of Latin America Electric Motor Market, 2020
Forecast of Latin America Electric Motor Market, 2027
Historical Data and Forecast of Latin America Electric Motor Revenues & Volume for the Period 2017 - 2027
Latin America Electric Motor Market Trend Evolution
Latin America Electric Motor Market Drivers and Challenges
Latin America Electric Motor Price Trends
Latin America Electric Motor Porter's Five Forces
Latin America Electric Motor Industry Life Cycle
Historical Data and Forecast of Latin America Electric Motor Market Revenues & Volume By Motor Type for the Period 2017 - 2027
Historical Data and Forecast of Latin America Electric Motor Market Revenues & Volume By Alternate Current (AC) Motor for the Period 2017 - 2027
Historical Data and Forecast of Latin America Electric Motor Market Revenues & Volume By Direct Current (DC) Motor for the Period 2017 - 2027
Historical Data and Forecast of Latin America Electric Motor Market Revenues & Volume By Hermetic Motor for the Period 2017 - 2027
Historical Data and Forecast of Brazil Electric Motor Market Revenues & Volume By Motor Type for the Period 2017 - 2027
Historical Data and Forecast of Brazil Electric Motor Market Revenues & Volume By Alternate Current (AC) Motor for the Period 2017 - 2027
Historical Data and Forecast of Brazil Electric Motor Market Revenues & Volume By Direct Current (DC) Motor for the Period 2017 - 2027
Historical Data and Forecast of Brazil Electric Motor Market Revenues & Volume By Hermetic Motor for the Period 2017 - 2027
Historical Data and Forecast of Mexico Electric Motor Market Revenues & Volume By Motor Type for the Period 2017 - 2027
Historical Data and Forecast of Mexico Electric Motor Market Revenues & Volume By Alternate Current (AC) Motor for the Period 2017 - 2027
Historical Data and Forecast of Mexico Electric Motor Market Revenues & Volume By Direct Current (DC) Motor for the Period 2017 - 2027
Historical Data and Forecast of Mexico Electric Motor Market Revenues & Volume By Hermetic Motor for the Period 2017 - 2027
Historical Data and Forecast of Argentina Electric Motor Market Revenues & Volume By Motor Type for the Period 2017 - 2027
Historical Data and Forecast of Argentina Electric Motor Market Revenues & Volume By Alternate Current (AC) Motor for the Period 2017 - 2027
Historical Data and Forecast of Argentina Electric Motor Market Revenues & Volume By Direct Current (DC) Motor for the Period 2017 - 2027
Historical Data and Forecast of Argentina Electric Motor Market Revenues & Volume By Hermetic Motor for the Period 2017 - 2027
Historical Data and Forecast of Rest of Latin America Electric Motor Market Revenues & Volume By Motor Type for the Period 2017 - 2027
Historical Data and Forecast of Rest of Latin America Electric Motor Market Revenues & Volume By Alternate Current (AC) Motor for the Period 2017 - 2027
Historical Data and Forecast of Rest of Latin America Electric Motor Market Revenues & Volume By Direct Current (DC) Motor for the Period 2017 - 2027
Historical Data and Forecast of Rest of Latin America Electric Motor Market Revenues & Volume By Hermetic Motor for the Period 2017 - 2027
Historical Data and Forecast of Latin America Electric Motor Market Revenues & Volume By Output Power for the Period 2017 - 2027
Historical Data and Forecast of Brazil Electric Motor Market Revenues & Volume By Output Power for the Period 2017 - 2027
Historical Data and Forecast of Mexico Electric Motor Market Revenues & Volume By Output Power for the Period 2017 - 2027
Historical Data and Forecast of Argentina Electric Motor Market Revenues & Volume By Output Power for the Period 2017 - 2027
Historical Data and Forecast of Rest of Latin America Electric Motor Market Revenues & Volume By Output Power for the Period 2017 - 2027
Historical Data and Forecast of Latin America Electric Motor Market Revenues & Volume By Voltage Range for the Period 2017 - 2027
Historical Data and Forecast of Latin America Electric Motor Market Revenues & Volume By 9 V & Below for the Period 2017 - 2027
Historical Data and Forecast of Latin America Electric Motor Market Revenues & Volume By 10-20 V for the Period 2017 - 2027
Historical Data and Forecast of Latin America Electric Motor Market Revenues & Volume By 21-60 V for the Period 2017 - 2027
Historical Data and Forecast of Latin America Electric Motor Market Revenues & Volume By 60 V & Above for the Period 2017 - 2027
Historical Data and Forecast of Brazil Electric Motor Market Revenues & Volume By Voltage Range for the Period 2017 - 2027
Historical Data and Forecast of Brazil Electric Motor Market Revenues & Volume By 9 V & Below for the Period 2017 - 2027
Historical Data and Forecast of Brazil Electric Motor Market Revenues & Volume By 10-20 V for the Period 2017 - 2027
Historical Data and Forecast of Brazil Electric Motor Market Revenues & Volume By 21-60 V for the Period 2017 - 2027
Historical Data and Forecast of Brazil Electric Motor Market Revenues & Volume By 60 V & Above for the Period 2017 - 2027
Historical Data and Forecast of Mexico Electric Motor Market Revenues & Volume By Voltage Range for the Period 2017 - 2027
Historical Data and Forecast of Mexico Electric Motor Market Revenues & Volume By 9 V & Below for the Period 2017 - 2027
Historical Data and Forecast of Mexico Electric Motor Market Revenues & Volume By 10-20 V for the Period 2017 - 2027
Historical Data and Forecast of Mexico Electric Motor Market Revenues & Volume By 21-60 V for the Period 2017 - 2027
Historical Data and Forecast of Mexico Electric Motor Market Revenues & Volume By 60 V & Above for the Period 2017 - 2027
Historical Data and Forecast of Argentina Electric Motor Market Revenues & Volume By Voltage Range for the Period 2017 - 2027
Historical Data and Forecast of Argentina Electric Motor Market Revenues & Volume By 9 V & Below for the Period 2017 - 2027
Historical Data and Forecast of Argentina Electric Motor Market Revenues & Volume By 10-20 V for the Period 2017 - 2027
Historical Data and Forecast of Argentina Electric Motor Market Revenues & Volume By 21-60 V for the Period 2017 - 2027
Historical Data and Forecast of Argentina Electric Motor Market Revenues & Volume By 60 V & Above for the Period 2017 - 2027
Historical Data and Forecast of Rest of Latin America Electric Motor Market Revenues & Volume By Voltage Range for the Period 2017 - 2027
Historical Data and Forecast of Rest of Latin America Electric Motor Market Revenues & Volume By 9 V & Below for the Period 2017 - 2027
Historical Data and Forecast of Rest of Latin America Electric Motor Market Revenues & Volume By 10-20 V for the Period 2017 - 2027
Historical Data and Forecast of Rest of Latin America Electric Motor Market Revenues & Volume By 21-60 V for the Period 2017 - 2027
Historical Data and Forecast of Rest of Latin America Electric Motor Market Revenues & Volume By 60 V & Above for the Period 2017 - 2027
Historical Data and Forecast of Latin America Electric Motor Market Revenues & Volume By Application for the Period 2017 - 2027
Historical Data and Forecast of Latin America Electric Motor Market Revenues & Volume By Industrial machinery for the Period 2017 - 2027
Historical Data and Forecast of Latin America Electric Motor Market Revenues & Volume By Motor vehicles for the Period 2017 - 2027
Historical Data and Forecast of Latin America Electric Motor Market Revenues & Volume By Heating, ventilating, and cooling (HVAC) equipment for the Period 2017 - 2027
Historical Data and Forecast of Latin America Electric Motor Market Revenues & Volume By Aerospace & transportation for the Period 2017 - 2027
Historical Data and Forecast of Latin America Electric Motor Market Revenues & Volume By Household appliances for the Period 2017 - 2027
Historical Data and Forecast of Latin America Electric Motor Market Revenues & Volume By Other for the Period 2017 - 2027
Historical Data and Forecast of Brazil Electric Motor Market Revenues & Volume By Application for the Period 2017 - 2027
Historical Data and Forecast of Brazil Electric Motor Market Revenues & Volume By Industrial machinery for the Period 2017 - 2027
Historical Data and Forecast of Brazil Electric Motor Market Revenues & Volume By Motor vehicles for the Period 2017 - 2027
Historical Data and Forecast of Brazil Electric Motor Market Revenues & Volume By Heating, ventilating, and cooling (HVAC) equipment for the Period 2017 - 2027
Historical Data and Forecast of Brazil Electric Motor Market Revenues & Volume By Aerospace & transportation for the Period 2017 - 2027
Historical Data and Forecast of Brazil Electric Motor Market Revenues & Volume By Household appliances for the Period 2017 - 2027
Historical Data and Forecast of Brazil Electric Motor Market Revenues & Volume By Other for the Period 2017 - 2027
Historical Data and Forecast of Mexico Electric Motor Market Revenues & Volume By Application for the Period 2017 - 2027
Historical Data and Forecast of Mexico Electric Motor Market Revenues & Volume By Industrial machinery for the Period 2017 - 2027
Historical Data and Forecast of Mexico Electric Motor Market Revenues & Volume By Motor vehicles for the Period 2017 - 2027
Historical Data and Forecast of Mexico Electric Motor Market Revenues & Volume By Heating, ventilating, and cooling (HVAC) equipment for the Period 2017 - 2027
Historical Data and Forecast of Mexico Electric Motor Market Revenues & Volume By Aerospace & transportation for the Period 2017 - 2027
Historical Data and Forecast of Mexico Electric Motor Market Revenues & Volume By Household appliances for the Period 2017 - 2027
Historical Data and Forecast of Mexico Electric Motor Market Revenues & Volume By Other for the Period 2017 - 2027
Historical Data and Forecast of Argentina Electric Motor Market Revenues & Volume By Application for the Period 2017 - 2027
Historical Data and Forecast of Argentina Electric Motor Market Revenues & Volume By Industrial machinery for the Period 2017 - 2027
Historical Data and Forecast of Argentina Electric Motor Market Revenues & Volume By Motor vehicles for the Period 2017 - 2027
Historical Data and Forecast of Argentina Electric Motor Market Revenues & Volume By Heating, ventilating, and cooling (HVAC) equipment for the Period 2017 - 2027
Historical Data and Forecast of Argentina Electric Motor Market Revenues & Volume By Aerospace & transportation for the Period 2017 - 2027
Historical Data and Forecast of Argentina Electric Motor Market Revenues & Volume By Household appliances for the Period 2017 - 2027
Historical Data and Forecast of Argentina Electric Motor Market Revenues & Volume By Other for the Period 2017 - 2027
Historical Data and Forecast of Rest of Latin America Electric Motor Market Revenues & Volume By Application for the Period 2017 - 2027
Historical Data and Forecast of Rest of Latin America Electric Motor Market Revenues & Volume By Industrial machinery for the Period 2017 - 2027
Historical Data and Forecast of Rest of Latin America Electric Motor Market Revenues & Volume By Motor vehicles for the Period 2017 - 2027
Historical Data and Forecast of Rest of Latin America Electric Motor Market Revenues & Volume By Heating, ventilating, and cooling (HVAC) equipment for the Period 2017 - 2027
Historical Data and Forecast of Rest of Latin America Electric Motor Market Revenues & Volume By Aerospace & transportation for the Period 2017 - 2027
Historical Data and Forecast of Rest of Latin America Electric Motor Market Revenues & Volume By Household appliances for the Period 2017 - 2027
Historical Data and Forecast of Rest of Latin America Electric Motor Market Revenues & Volume By Other for the Period 2017 - 2027
Historical Data and Forecast of Latin America Electric Motor Market Revenues & Volume By Speed (RPM) for the Period 2017 - 2027
Historical Data and Forecast of Latin America Electric Motor Market Revenues & Volume By Low-Speed Electric Motors (Less Than 1,000 RPM) for the Period 2017 - 2027
Historical Data and Forecast of Latin America Electric Motor Market Revenues & Volume By Medium-Speed Electric Motors (1,001-25,000 RPM) for the Period 2017 - 2027
Historical Data and Forecast of Latin America Electric Motor Market Revenues & Volume By High-Speed Electric Motors (25,001-75,000 RPM) for the Period 2017 - 2027
Historical Data and Forecast of Latin America Electric Motor Market Revenues & Volume By Ultrahigh-Speed Electric Motors (Greater Than 75,001 RPM) for the Period 2017 - 2027
Historical Data and Forecast of Brazil Electric Motor Market Revenues & Volume By Speed (RPM) for the Period 2017 - 2027
Historical Data and Forecast of Brazil Electric Motor Market Revenues & Volume By Low-Speed Electric Motors (Less Than 1,000 RPM) for the Period 2017 - 2027
Historical Data and Forecast of Brazil Electric Motor Market Revenues & Volume By Medium-Speed Electric Motors (1,001-25,000 RPM) for the Period 2017 - 2027
Historical Data and Forecast of Brazil Electric Motor Market Revenues & Volume By High-Speed Electric Motors (25,001-75,000 RPM) for the Period 2017 - 2027
Historical Data and Forecast of Brazil Electric Motor Market Revenues & Volume By Ultrahigh-Speed Electric Motors (Greater Than 75,001 RPM) for the Period 2017 - 2027
Historical Data and Forecast of Mexico Electric Motor Market Revenues & Volume By Speed (RPM) for the Period 2017 - 2027
Historical Data and Forecast of Mexico Electric Motor Market Revenues & Volume By Low-Speed Electric Motors (Less Than 1,000 RPM) for the Period 2017 - 2027
Historical Data and Forecast of Mexico Electric Motor Market Revenues & Volume By Medium-Speed Electric Motors (1,001-25,000 RPM) for the Period 2017 - 2027
Historical Data and Forecast of Mexico Electric Motor Market Revenues & Volume By High-Speed Electric Motors (25,001-75,000 RPM) for the Period 2017 - 2027
Historical Data and Forecast of Mexico Electric Motor Market Revenues & Volume By Ultrahigh-Speed Electric Motors (Greater Than 75,001 RPM) for the Period 2017 - 2027
Historical Data and Forecast of Argentina Electric Motor Market Revenues & Volume By Speed (RPM) for the Period 2017 - 2027
Historical Data and Forecast of Argentina Electric Motor Market Revenues & Volume By Low-Speed Electric Motors (Less Than 1,000 RPM) for the Period 2017 - 2027
Historical Data and Forecast of Argentina Electric Motor Market Revenues & Volume By Medium-Speed Electric Motors (1,001-25,000 RPM) for the Period 2017 - 2027
Historical Data and Forecast of Argentina Electric Motor Market Revenues & Volume By High-Speed Electric Motors (25,001-75,000 RPM) for the Period 2017 - 2027
Historical Data and Forecast of Argentina Electric Motor Market Revenues & Volume By Ultrahigh-Speed Electric Motors (Greater Than 75,001 RPM) for the Period 2017 - 2027
Historical Data and Forecast of Rest of Latin America Electric Motor Market Revenues & Volume By Speed (RPM) for the Period 2017 - 2027
Historical Data and Forecast of Rest of Latin America Electric Motor Market Revenues & Volume By Low-Speed Electric Motors (Less Than 1,000 RPM) for the Period 2017 - 2027
Historical Data and Forecast of Rest of Latin America Electric Motor Market Revenues & Volume By Medium-Speed Electric Motors (1,001-25,000 RPM) for the Period 2017 - 2027
Historical Data and Forecast of Rest of Latin America Electric Motor Market Revenues & Volume By High-Speed Electric Motors (25,001-75,000 RPM) for the Period 2017 - 2027
Historical Data and Forecast of Rest of Latin America Electric Motor Market Revenues & Volume By Ultrahigh-Speed Electric Motors (Greater Than 75,001 RPM) for the Period 2017 - 2027
Latin America Electric Motor Market - Key Performance Indicators
Latin America Electric Motor Market - Import Export Trade Statistics
Latin America Electric Motor Market - Opportunity Assessment By Countries
Latin America Electric Motor Market - Opportunity Assessment By Motor Type
Latin America Electric Motor Market - Opportunity Assessment By Output Power
Latin America Electric Motor Market - Opportunity Assessment By Voltage Range
Latin America Electric Motor Market - Opportunity Assessment By Application
Latin America Electric Motor Market - Opportunity Assessment By Speed (RPM)
Latin America Electric Motor Market - Top Companies Market Share
Latin America Electric Motor Market - Top Companies Profiles
Latin America Electric Motor Market - Comparison of Players in Technical and Operating Parameters
Latin America Electric Motor Market - Strategic Recommendations