U.S. - Motors Of An Output Not Exceeding 37.5 W; Other Dc Motors And Dc Generators - Market Analysis, Forecast, Size, Trends and Insights
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View PricingDC Motor Price in the United States - 2023
Contents:
- DC Motor Price in the United States (CIF) - 2023
- DC Motor Price in the United States (FOB) - 2022
- DC Motor Imports in the United States
- DC Motor Exports in the United States
DC Motor Price in the United States (CIF) - 2023
In August 2023, the average DC motor import price amounted to $12.8 per unit, remaining stable against the previous month. Overall, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in September 2022 an increase of 20% against the previous month. The import price peaked at $14.8 per unit in March 2023; however, from April 2023 to August 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Germany ($45.4 per unit), while the price for Vietnam ($3.1 per unit) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by South Korea (+3.7%), while the prices for the other major suppliers experienced more modest paces of growth.
DC Motor Price in the United States (FOB) - 2022
In 2022, the average DC motor export price amounted to $49 per unit, surging by 12% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.3%. The most prominent rate of growth was recorded in 2020 an increase of 19%. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Korea ($479 per unit), while the average price for exports to Hungary ($6.4 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+22.1%), while the prices for the other major destinations experienced more modest paces of growth.
DC Motor Imports in the United States
In 2022, the amount of DC motors imported into the United States dropped to 460M units, with a decrease of -5.8% compared with 2021. Over the period under review, imports recorded a pronounced decline. The pace of growth appeared the most rapid in 2021 when imports increased by 17% against the previous year. Over the period under review, imports reached the maximum at 492M units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, DC motor imports expanded modestly to $5.6B in 2022. The total import value increased at an average annual rate of +4.1% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 20% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.
| Import of DC Motor in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 1,641 | 1,454 | 1,727 | 1,807 | 3.3% |
| China | 950 | 825 | 981 | 1,002 | 1.8% |
| Japan | 532 | 505 | 601 | 643 | 6.5% |
| South Korea | 310 | 262 | 311 | 301 | -1.0% |
| Switzerland | 212 | 209 | 246 | 258 | 6.8% |
| Vietnam | 79.2 | 102 | 163 | 168 | 28.5% |
| Thailand | 92.7 | 81.2 | 109 | 91.7 | -0.4% |
| Philippines | 86.3 | 58.9 | 55.0 | 52.9 | -15.1% |
| Others | 1,051 | 940 | 1,134 | 1,268 | 6.5% |
| Total | 4,954 | 4,437 | 5,329 | 5,590 | 4.1% |
Top Suppliers of DC Motor to the United States in 2022:
- China (131.3M units)
- Mexico (111.8M units)
- Vietnam (55.1M units)
- Japan (38.6M units)
- South Korea (26.4M units)
- Thailand (22.1M units)
- Switzerland (12.0M units)
- Philippines (6.6M units)
DC Motor Exports in the United States
In 2022, the amount of DC motors exported from the United States fell modestly to 47M units, declining by -3.2% against the previous year's figure. In general, exports recorded a perceptible descent. The growth pace was the most rapid in 2021 with an increase of 11%. Over the period under review, the exports reached the peak figure at 51M units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, DC motor exports rose significantly to $2.3B in 2022. The total export value increased at an average annual rate of +7.8% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by 12% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of DC Motor in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 600 | 578 | 564 | 501 | -5.8% |
| South Korea | 40.1 | 225 | 353 | 473 | 127.6% |
| Canada | 392 | 367 | 386 | 412 | 1.7% |
| Germany | 75.3 | 59.9 | 69.9 | 97.8 | 9.1% |
| China | 80.7 | 84.8 | 96.9 | 89.8 | 3.6% |
| Singapore | 57.6 | 41.0 | 51.9 | 77.4 | 10.4% |
| United Kingdom | 102 | 82.6 | 87.5 | 74.4 | -10.0% |
| Japan | 75.6 | 54.7 | 56.3 | 74.1 | -0.7% |
| Netherlands | 35.1 | 28.8 | 42.2 | 41.7 | 5.9% |
| Brazil | 26.3 | 22.4 | 27.6 | 34.9 | 9.9% |
| Hungary | 8.3 | 6.4 | 9.1 | 10.5 | 8.2% |
| Others | 349 | 342 | 382 | 421 | 6.5% |
| Total | 1,843 | 1,893 | 2,126 | 2,307 | 7.8% |
Top Export Markets for DC Motor from the United States in 2022:
- Mexico (20.9M units)
- Canada (6.6M units)
- China (2.1M units)
- Netherlands (1.8M units)
- Germany (1.7M units)
- Hungary (1.6M units)
- United Kingdom (1.3M units)
- South Korea (1.0M units)
- Japan (0.9M units)
- Singapore (0.8M units)
- Brazil (0.7M units)
This report provides an in-depth analysis of the dc motor market in the U.S.. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 27111010 - Electric motors of an output . .37,5 W (including synchronous motors . .18 W, universal AC/DC motors, AC and DC motors)
- Prodcom 27111030 - DC motors and generators of an output > .37,5 W but . .750 W (excluding starter motors for internal combustion engines)
- Prodcom 27111053 -
- Prodcom 27111055 -
- Prodcom 27111070 - DC motors and generators of an output > .75 kW but . .375 kW (excluding starter motors for internal combustion engines)
- Prodcom 27111090 - DC motors and generators of an output > .375 kW (excluding starter motors for internal combustion engines)
Country coverage:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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In 2016, approx. X tons of motor were imported worldwide- flattening at the previous year level. In general, motor imports continue to indicate a drastic deduction. The pace of growth was the mos...
1185
China continued its dominance in the global motor trade. In 2014, China exported X million units of motors totaling X million USD, X% over the previous year. Its primary trading partner was the U.S., where it supplied X% of its total motor ex
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787
In 2016, approx. X tons of motor were imported worldwide- flattening at the previous year level. In general, motor imports continue to indicate a drastic deduction. The pace of growth was the mos...
1185
China continued its dominance in the global motor trade. In 2014, China exported X million units of motors totaling X million USD, X% over the previous year. Its primary trading partner was the U.S., where it supplied X% of its total motor ex
1252
China seized control of the AC/DC motor market. In 2014, China exported X kt of AC/DC motors totaling $X, X% over the previous year. Its primary trading partner was the U.S., where it supplied X% of its total AC/DC motor exports in value term
