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    Motor & Generator Manufacturing Industry Profile

    Report Page Length: 10-12
    Last Quarterly Update: 5/17/2021
    SIC Codes: 3621
    NAICS Codes: 335312
    Chapters Include:
    Industry Overview Trends & Challenges Industry Forecast
    Quarterly Industry Update Call Prep Questions Website & Media Links
    Business Challenges Financial Information Glossary & Acronyms
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    Excerpt from Motor & Generator Manufacturing Industry Profile

    Companies in this industry manufacture electric motors, power generators, and motor generator sets. Major US companies include AMETEK, Franklin Electric, and Regal Beloit, as well as divisions of Emerson Electric and GE Motors; major companies based outside the US include ABB (Switzerland), Nidec (Japan), Panasonic (Japan), and Siemens (Germany).

    Leading countries in the production of motors and generators include China, Germany, Japan, and the US. Countries that have attracted investments in motor and generator factories in recent years, in large part because of favorable cost structures, include Brazil, China, the Czech Republic, India, Mexico, and Thailand.

    US manufacturing of electric motors and generators involves about 420 establishments (single-location companies and units of multi-location companies) with combined annual revenue of about $10 billion.

    The industry does not include makers of starter motors and battery charging alternators for internal combustion engines or makers of turbine generator sets.

    COMPETITIVE LANDSCAPE

    Industrial and manufacturing companies drive demand. The profitability of individual companies depends on efficient production. Small companies can compete by specializing. While larger companies, like GE, produce mainly a standard line of products, smaller companies are more likely to adapt products for customers' special needs. The US industry is highly concentrated: the 50 largest companies account for about 90% of revenue.

    US exports of motors and generators go primarily to Mexico and Canada. Imports account for about 80% of the US market. Mexico and China are the ...

     
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