MRO Components, Consumables & Tooling · Indirect
Monitoring · monthlyProcurement Category Intelligence
Industrial Electric Motors - DC
Overview
Market size
$38.5B
global, USD
CAGR
5.2%
base to forecast
Buyer power
-2.0
supplier-favoured
Suppliers
6
tracked players
Signals
12
4 high severity
Market outlook
2031$49.6B
What changed
Demand by region
Asia Pacific demand45%
Europe demand22%
North America demand20%
Latin America demand7%
Rest of world demand6%
share of global demandtotal 100%
Cost drivers
Electrical Steel and Iron Components25%
Copper Windings20%
Rare Earth Permanent Magnets15%
Manufacturing Labor and Overhead25%
Logistics and Packaging15%
share of delivered cost (analyst estimate)