Market revenue in 2023 | USD 603.9 million |
Market revenue in 2030 | USD 917.5 million |
Growth rate | 6.2% (CAGR from 2023 to 2030) |
Largest segment | Industrial |
Fastest growing segment | Industrial |
Historical data covered | 2018 - 2022 |
Base year for estimation | 2023 |
Forecast period covered | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Industrial, Automotive, Consumer Electrionics, Airospace & Defense, Other |
Key market players worldwide | Rockwell Automation Inc, Moog Inc A, Fuji Electric Co Ltd, ABB Ltd, Siemens AG, Schneider Electric SE, GE Aerospace, Roboteq, AMETEK Inc |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to smart motors market will help companies and investors design strategic landscapes.
Industrial was the largest segment with a revenue share of 37.32% in 2023. Horizon Databook has segmented the Europe smart motors market based on industrial, automotive, consumer electrionics, airospace & defense, other covering the revenue growth of each sub-segment from 2018 to 2030.
Horizon Databook provides a detailed overview of continent-level data and insights on the Europe smart motors market , including forecasts for subscribers. This continent databook contains high-level insights into Europe smart motors market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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