What is the current China DC Motor Market size?

In 2024, the China DC Motor Market size is expected to reach USD 84.78 million. Read More

Who are the key players in China DC Motor Market?

Hansen Corporation, Addison Electric, CH Motion Co. Ltd, ABB and Seimens are the major companies operating in the China DC Motor Market. Read More

What years does this China DC Motor Market cover, and what was the market size in 2023?

In 2023, the China DC Motor Market size was estimated at USD 85.05 million. The report covers the China DC Motor Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the China DC Motor Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

China DC Motor Market Share

Statistics for the 2023 & 2024 China DC Motor market share, created by Mordor Intelligence™ Industry Reports. China DC Motor share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of China DC Motor Industry

The DC motor market in China is highly competitive and is characterized by numerous domestic and international players such as Siemens and ABB. The market competition is fueled by the rapid pace of technological advancements and the push for energy-efficient solutions, combined with significant demand from key sectors like automotive and industrial automation. Companies are continuously innovating and expanding their product offerings to maintain their market position and cater to evolving consumer needs.

In September 2023, Allient Inc. announced the acquisition of Sierramotion Inc., a privately owned company specializing in designing and engineering turnkey motion components and mechatronic solutions for various precision applications, including medical, robotic, defense, industrial, and semiconductor sectors. This acquisition will enhance Allient's integrated motion solutions strategy and expand its reach into targeted end markets.