According to a recently published TechSci Research, "United States Electric Motors Market By Type, By Application, Competition Forecast and Opportunities, 2012 - 2022", the electric motors market in the US is projected to cross $19 billion by 2022, on account of increasing industrialization, booming infrastructural growth, increasing power generation and rising energy requirements in the country. Shale gas boom, growth in number of power plants and oil rigs coupled with rapid commercialization and urbanization are also boosting demand for electric motors in the country.

Industrial, transportation and commercial sectors are the major end users of electric motors in the US. In the industrial sector, electric motors are used in automation systems, pumps, mechanical movements, compressors and fans. Demand for electric motors has also been positively influenced with the country's manufacturing sector witnessing a phase of recovery by having increased from USD1.97 trillion in 2012 to USD2.18 trillion by 2016. Moreover, growing adoption of electric vehicles in the United States is also boosting electric motors market. With anticipated increase in the sales of electric vehicles over the next five years, demand for electric motors in the country is anticipated to grow at a healthy pace over the next five years.

"Surging energy requirements, rapid commercialization, growing demand for air conditioning and HVAC systems and exploration & production activities for shale gas is boosting the demand for electric motors in the United States. Moreover, factors such as increasing infrastructure-based developments across the country coupled with growing demand for innovative and energy efficient electric motors are expected to boost United States electric motors market over the next five years.", said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

"United States Electric Motors Market By Type, By Application, Competition Forecast and Opportunities, 2012-2022" has evaluated the United States electric motors market and provides the statistics and information on market structure, industry behavior and trends. The report includes market projections and demand forecasting. The report is intended to provide cutting-edge market intelligence and help decision makers take sound investment evaluation. Besides, the report also identifies and analyzes emerging trends for the United States electric motors market.

TechSci Research | www.techsciresearch.com