Dc Motor Market

Dc motor market: get newly released statistics powered by an Ai-driven market research platform. Data cover imports, trade, market size, consumption, exports, production, companies, and market prices. There is a split by country, including Latin America, the Middle East, Africa, the U.K., Russia, EU, the U.S., and China. Market insights and forecast to 2030 are also provided in the reports.


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Dc Motor - World's Largest Markets

RatingCountry
1China
2United States
3Mexico
4Japan
5Germany

In value terms, China led the market, alone. The second position in the ranking was occupied by the United States. It was followed by Mexico.

In China, the dc motor market remained relatively stable over the period from 2018-2020. The remaining consuming countries recorded the following average annual rates of market growth: the United States (-18.6% per year) and Mexico (+3.3% per year).

DC Motor Prices

Lowest Prices - FOB - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
USD per tonne
Spain10258105331316313.3%
China148441689714803-0.1%
Italy177891630416581-3.5%
Taiwan (Chinese)1628216676168631.8%
South Korea1623317355177574.6%
Thailand1586916424183947.7%
Vietnam2399123471248481.8%
Hungary19694207912537313.5%
Japan2489727176296789.2%
United States305693015829751-1.3%
Germany2892628898308123.2%
Mexico3378433058362013.5%
Switzerland575033852643343-13.2%
Average2080922476223703.7%

Prices varied noticeably by the country of origin; the country with the highest price was Switzerland ($43,343 per tonne), while Spain ($13,163 per tonne) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Hungary, while the other global leaders experienced more modest paces of growth.

Highest Prices - CIF - Top Importers

COUNTRY201820192020CAGR,
2018-2020
USD per tonne
China3013533321337605.8%
South Korea25300231143354115.1%
Hong Kong SAR327282719329027-5.8%
Germany2516026813263652.4%
Mexico371662742926136-16.1%
Thailand283762611923880-8.3%
Czech Republic2013020347229446.8%
France233312240421718-3.5%
United States270002352619837-14.3%
Japan1768017457190113.7%
Italy164201520215689-2.3%
Netherlands10312129971409016.9%
Chile180691249012841-15.7%
Average239572287621726-4.8%

There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was China ($33,760 per tonne), while Chile ($12,841 per tonne) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by the Netherlands, while the other global leaders experienced more modest paces of growth.

DC Motor - Top Importers

COUNTRY201820192020CAGR,
2018-2020
billion USD
United States554.4-5.3%
Germany3.22.92.9-5.0%
China222.12.3%
Mexico1.41.41.811.7%
South Korea1.111.310.1%

In value terms, the largest dc motor importing markets worldwide were the United States ($4.4B), Germany ($2.9B) and China ($2.1B), with a combined 33% share of global imports. Mexico, South Korea, Chile, Japan, Hong Kong SAR, the Czech Republic, Thailand, France, the Netherlands and Italy lagged somewhat behind, together accounting for a further 33%.

Among the main importing countries, Chile (+172.6% per year) recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

DC Motor - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
billion USD
China8.76.15.9-17.5%
Germany3.63.53.2-5.3%
United States1.91.81.9-1.0%
Mexico2.221.9-9.2%
Japan1.51.61.65.1%

In value terms, China ($5.9B), Germany ($3.2B) and the United States ($1.9B) were the countries with the highest levels of exports in 2020, with a combined 43% share of global exports. These countries were followed by Mexico, Japan, Switzerland, Hungary, South Korea, Italy, Vietnam, Thailand, Taiwan (Chinese) and Spain, which together accounted for a further 35%.

Hungary saw the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

DC Motor - Market Forecast

Driven by rising demand for dc motor worldwide, the market is expected to start an upward consumption trend over the next decade. The performance of the market is forecast to increase slightly, with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.

DC Motor - Top Companies

Shenzhen Jindong Keli Industry Co.,Ltd., MITSUBISHI ELECTRIC CORPORATION, NIDEC CORPORATION, BRITISH GAS TRADING LIMITED, NRG Texas Power LLC, FUJI ELECTRIC CO., LTD., Vestas Manufacturing A/S, Siemens Gamesa Renewable Energy A/S, Korea Electric Power Corporation, Ametek, Inc., YASKAWA ELECTRIC CORPORATION, Xinjiang Goldwind Science Technology Co., Ltd., NARI TECHNOLOGY DEVELOPMENT LIMITED COMPANY, Nordex SE, WESTERN DIGITAL (THAILAND) COMPANY LIMITED, Regal Beloit Corporation, Samchully Co.,Ltd., Hamilton Sundstrand Corporation, ABB Oy, Nordex Energy Gmbh, Filial af Nordex Energy Gmbh, Tyskland

Dc Motor - Product Coverage

  • HS 850110 - Electric motors; of an output not exceeding 37.5W
  • HS 850131 - Electric motors and generators; DC, of an output not exceeding 750W
  • HS 850132 - Electric motors and generators; DC, of an output exceeding 750W but not exceeding 75kW
  • HS 850133 - Electric motors and generators; DC, of an output exceeding 75kW but not exceeding 375kW
  • HS 850134 - Electric motors and generators; DC, of an output exceeding 375kW
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World - Motors of An Output not Exceeding 37.5 W; Other Dc Motors and Dc Generators - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the global dc motor market.

South-Eastern Asia - Motors of An Output not Exceeding 37.5 W; Other Dc Motors and Dc Generators - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the dc motor market in South-Eastern Asia.

Africa - Motors of An Output not Exceeding 37.5 W; Other Dc Motors and Dc Generators - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the dc motor market in Africa.

Northern America - Motors of An Output not Exceeding 37.5 W; Other Dc Motors and Dc Generators - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the dc motor market in Northern America.

Southern Asia - Motors of An Output not Exceeding 37.5 W; Other Dc Motors and Dc Generators - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the dc motor market in Southern Asia.

Latin America and the Caribbean - Motors of An Output not Exceeding 37.5 W; Other Dc Motors and Dc Generators - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the dc motor market in Latin America and the Caribbean.

Eastern Asia - Motors of An Output not Exceeding 37.5 W; Other Dc Motors and Dc Generators - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the dc motor market in Eastern Asia.

Central Asia - Motors of An Output not Exceeding 37.5 W; Other Dc Motors and Dc Generators - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the dc motor market in Central Asia.

Australia and Oceania - Motors of An Output not Exceeding 37.5 W; Other Dc Motors and Dc Generators - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the dc motor market in Australia and Oceania.

Middle East - Motors of An Output not Exceeding 37.5 W; Other Dc Motors and Dc Generators - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the dc motor market in the Middle East.

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