This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

US Electric Motors Market

NEW YORK, April 8, 2013 /PRNewswire/ -- Reportlinker.com announces that a new market research report is available in its catalogue:

US Electric Motors Market http://www.reportlinker.com/p01158041/US-Electric-Motors-Market.html#utm_source=prnewswire&utm_medium=pr&utm_campaign=Automobile_Engine

US demand to rise 4.5% annually through 2017

US demand for electric motors is expected to increase 4.5 percent annually through 2017 to $14.3 billion, accelerating from the 2007-2012 period when nearly every major market for these devices struggled. Product sales will climb 2.3 percent per year in unit terms to 1.4 billion in 2017. Electric motors are key components in many durable goods, and, as manufacturing output rises, sales of electric motors are expected to follow.

AC motors to remain largest product segment

The market for AC motors will grow the most in absolute terms, and remain the largest product segment in 2017. However, due to the large size of this market, AC motors will post the slowest gains among product categories in percentage terms. AC motors are used in a myriad of applications, including household appliances and heating and cooling equipment, shipments of which are forecast to rise with renewed strength. Dollar increases will also be supported by producers upgrading to more energy efficient motors.

Demand for direct current (DC) motors, the second largest product segment, will expand faster than sales of AC motors but slower than those of hermetic motors through 2017. DC motors are used extensively in automotive applications, and suppliers will benefit from growth in motor vehicle output following an extended period of decline. Hermetic motors (which are permanently sealed to prevent the transmission of air, moisture vapor, and other gases) will register the fastest market advances of any motor product segment, despite being the smallest in dollar terms. Gains will primarily be driven by the favorable outlook for shipments of heating and cooling equipment and household appliances, with expanding aerospace and industrial machinery output also contributing to sales increases.

1 of 5

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 16,614.81 +215.14 1.31%
S&P 500 1,941.28 +37.27 1.96%
NASDAQ 4,419.4780 +103.4040 2.40%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs