Czech Republic Electric Motor Market (2024-2030) | Analysis, Trends, COVID-19 IMPACT, Value, Size, Growth, Revenue, Forecast, Industry, Companies, Share & Outlook

Market Forecast By Motor Type (Alternate Current (AC) Motor, Direct Current (DC) Motor, Hermetic Motor), By Output Power, By Voltage Range (9 V & Below, 10-20 V, 21-60 V, 60 V & Above), By Application (Industrial machinery, Motor vehicles, Heating, ventilating, and cooling (HVAC) equipment, Aerospace & transportation, Household appliances, Other), By Speed (RPM) (Low-Speed Electric Motors (Less Than 1,000 RPM), Medium-Speed Electric Motors (1,001-25,000 RPM), High-Speed Electric Motors (25,001-75,000 RPM), Ultrahigh-Speed Electric Motors (Greater Than 75,001 RPM)) And Competitive Landscape

Product Code: ETC041097 Publication Date: Jan 2021 Updated Date: Jun 2024 Product Type: Report
Publisher: 6Wresearch No. of Pages: 70 No. of Figures: 35 No. of Tables: 5

Czechia Electric Motor Market Competition 2023

Czechia Electric Motor market currently, in 2023, has witnessed an HHI of 2994, Which has increased slightly as compared to the HHI of 2813 in 2017. The market is moving towards concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.

Czechia Export Potential Assessment For Electric Motor Market (Values in USD Thousand)


Czech Republic Electric Motor Market is projected to grow over the coming year. Czech Republic Electric Motor Market report is a part of our periodical regional publication Europe Electric Motor Market outlook report. 6W tracks electric motor market for over 60 countries with individual country-wise market opportunity assessment and publishes with the report titled Global Electric Motor Market outlook report annually.

Czech Republic Electric Motor Market Highlights

Report Name Czech Republic Electric Motor Market
Forecast period 2024-2030
CAGR 4.5%
Growing Sector Automotive

Topics Covered in the Czech Republic Electric Motor Market

Czech Republic Electric Motor Market report thoroughly covers the market by motor type, by voltage range, by application, and by speed. The market outlook report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Czech Republic Electric Motor Market Synopsis

Czech Republic Electric Motor Market is the fastest-growing in the region, attracting both local and international investors. The Czech Republic has emerged as one of the leading electric motor markets around the world. With its ever-growing automotive and industrial sector, the Czech Republic’s electric motor market is flourishing. The country is witnessing a change in the trend of mobility, and electric vehicles have become the preferred mode of transportation. This shift has resulted in the Czech Republic electric motor market growth to grow steadily. 

According to 6Wresearch, the Czech Republic Electric Motor Market size is expected to grow at a CAGR of 4.5% during the forecast period of 2023-2029. Factors like the increasing demand for electric vehicles (EVs), technological advancements in electric motor design, and government support for renewable energy-based power generation are propelling the growth of this market. Additionally, increasing awareness about the adverse impacts of greenhouse gases is leading to a shift from traditional gasoline/diesel-powered cars to EVs. The rapid development of e-mobility infrastructure, such as charging stations, is also supporting this transition. One notable trend in the Czech Republic Electric Motor Industry is the adoption of brushless DC motors. These motors are more energy-efficient, generate less noise and heat, and have a longer lifespan than their counterparts. With the demand for EVs increasing, the adoption of brushless DC motors in these vehicles is also expected to grow. 

However, the shortage of skilled labor is one of the major challenges faced by the market. Also, the country has an aging workforce, and there are not enough young engineers and technicians to fulfill the demand for electric motor manufacturing.  Nevertheless, the Czech Republic Electric Motor Market presents several opportunities for the players in the industry. With the growth of EVs, there is a tremendous potential for the development of e-mobility infrastructure. The country has an excellent geographical location, with easy access to other European countries, making it an attractive location for setting up electric motor manufacturing units. Furthermore, the government is committed to supporting renewable energy-based power generation, which creates opportunities for electric motor manufacturers to explore wind and solar energy sectors.

Government policies and schemes introduced in the Czech Republic Electric Motor Market

The government has introduced several policies and schemes aimed at supporting the electric motor market in the country, encouraging the use of electric motors in industries, and promoting sustainable energy solutions. The Czech Republic government has introduced several policies aimed at promoting the use of electric motors in the country. One such policy is the Renewable Energy Sources Act, which provides favorable conditions for the use of renewable energy sources, including electric motors. The Czech Ministry of Industry and Trade also introduced a subsidy program for electromobility, providing financial support for companies and individuals to purchase electric vehicles and related charging infrastructure. In addition to the policies, the Czech government has also introduced schemes aimed at supporting the electric motor industry in the country. For example, the Czech Republic Technology Agency introduced a support program for research, development, and innovation in the field of electromobility and electric motors. The program offers funding to companies and research institutions working on electric motor-related projects.

Leading players in the Czech Republic Electric Motor Market

The Czech Republic electric motor market is dominated by several leading players, including Siemens, ABB, TMEIC, and Regal Beloit Corporation. These companies offer a range of electric motors and related products, including AC motors, DC motors, servo motors, and synchronous motors. 

Future insights of the Czech Republic Electric Motor Market

The electric motor market in the Czech Republic is poised for significant growth driven by technological advancements and increasing environmental awareness. With the global shift towards sustainable energy solutions, the demand for electric vehicles, renewable energy applications, and automated industrial systems is expected to surge. The Czech Republic, with its strong industrial base and innovative manufacturing sectors, stands to benefit immensely from these trends. 

Additionally, government incentives and policies promoting clean energy adoption will likely enhance market expansion. Companies focusing on research and development in electric motor technologies, particularly those emphasizing energy efficiency and smart integration, are set to play a critical role in shaping the market's future.

Market Analysis by Motor Type

By Motor Type, AC motors have a significant market share due to their high efficiency, reliability, and low maintenance. The demand for AC motors is expected to grow further in the coming years due to their growing use in industrial machinery, HVAC equipment, and motor vehicles. However, the DC motor segment also has growth potential due to its use in robotics, aerospace, and transportation applications.

Market Analysis by Voltage Range

According to Shivam, Senior Research Analyst, 6Wresearch, the low voltage range segment dominates the Czech Republic Electric Motor Market Share due to the high demand for low-power electric motors in household appliances, small machinery, and electronic devices. However, the high voltage range segment is expected to grow rapidly due to the increasing use of high-power electric motors in industrial and transportation applications.

Key Attractiveness of the Report

  • 10 Years Market Numbers.
  • Historical Data Starting from 2020 to 2023.
  • Base Year: 2023
  • Forecast Data until 2030.
  • Key Performance Indicators Impacting the Market.
  • Major Upcoming Developments and Projects

Key Highlights of the Report

  • Czech Republic Electric Motor Market Outlook
  • Market Size of Czech Republic Electric Motor Market, 2023
  • Forecast of Czech Republic Electric Motor Market, 2030
  • Historical Data and Forecast of Czech Republic Electric Motor Revenues & Volume for the Period 2020 - 2030
  • Czech Republic Electric Motor Market Trend Evolution
  • Czech Republic Electric Motor Market Drivers and Challenges
  • Czech Republic Electric Motor Price Trends
  • Czech Republic Electric Motor Porter's Five Forces
  • Czech Republic Electric Motor Industry Life Cycle
  • Historical Data and Forecast of Czech Republic Electric Motor Market Revenues & Volume By Motor Type for the Period 2020 - 2030
  • Historical Data and Forecast of Czech Republic Electric Motor Market Revenues & Volume By Alternate Current (AC) Motor for the Period 2020 - 2030
  • Historical Data and Forecast of Czech Republic Electric Motor Market Revenues & Volume By Direct Current (DC) Motor for the Period 2020 - 2030
  • Historical Data and Forecast of Czech Republic Electric Motor Market Revenues & Volume By Hermetic Motor for the Period 2020 - 2030
  • Historical Data and Forecast of Czech Republic Electric Motor Market Revenues & Volume By Output Power for the Period 2020 - 2030
  • Historical Data and Forecast of Czech Republic Electric Motor Market Revenues & Volume By Voltage Range for the Period 2020 - 2030
  • Historical Data and Forecast of Czech Republic Electric Motor Market Revenues & Volume By 9 V & Below for the Period 2020 - 2030
  • Historical Data and Forecast of Czech Republic Electric Motor Market Revenues & Volume By 10-20 V for the Period 2020 - 2030
  • Historical Data and Forecast of Czech Republic Electric Motor Market Revenues & Volume By 21-60 V for the Period 2020 - 2030
  • Historical Data and Forecast of Czech Republic Electric Motor Market Revenues & Volume By 60 V & Above for the Period 2020 - 2030
  • Historical Data and Forecast of Czech Republic Electric Motor Market Revenues & Volume By Application for the Period 2020 - 2030
  • Historical Data and Forecast of Czech Republic Electric Motor Market Revenues & Volume By Industrial machinery for the Period 2020 - 2030
  • Historical Data and Forecast of Czech Republic Electric Motor Market Revenues & Volume By Motor vehicles for the Period 2020 - 2030
  • Historical Data and Forecast of Czech Republic Electric Motor Market Revenues & Volume By Heating, ventilating, and cooling (HVAC) equipment for the Period 2020 - 2030
  • Historical Data and Forecast of Czech Republic Electric Motor Market Revenues & Volume By Aerospace & transportation for the Period 2020 - 2030
  • Historical Data and Forecast of Czech Republic Electric Motor Market Revenues & Volume By Household appliances for the Period 2020 - 2030
  • Historical Data and Forecast of Czech Republic Electric Motor Market Revenues & Volume By Other for the Period 2020 - 2030
  • Historical Data and Forecast of Czech Republic Electric Motor Market Revenues & Volume By Speed (RPM) for the Period 2020 - 2030
  • Historical Data and Forecast of Czech Republic Electric Motor Market Revenues & Volume By Low-Speed Electric Motors (Less Than 1,000 RPM) for the Period 2020 - 2030
  • Historical Data and Forecast of Czech Republic Electric Motor Market Revenues & Volume By Medium-Speed Electric Motors (1,001-25,000 RPM) for the Period 2020 - 2030
  • Historical Data and Forecast of Czech Republic Electric Motor Market Revenues & Volume By High-Speed Electric Motors (25,001-75,000 RPM) for the Period 2020 - 2030
  • Historical Data and Forecast of Czech Republic Electric Motor Market Revenues & Volume By Ultrahigh-Speed Electric Motors (Greater Than 75,001 RPM) for the Period 2020 - 2030
  • Czech Republic Electric Motor Import Export Trade Statistics
  • Market Opportunity Assessment By Motor Type
  • Market Opportunity Assessment By Output Power
  • Market Opportunity Assessment By Voltage Range
  • Market Opportunity Assessment By Application
  • Market Opportunity Assessment By Speed (RPM)
  • Czech Republic Electric Motor Top Companies Market Share
  • Czech Republic Electric Motor Competitive Benchmarking By Technical and Operational Parameters
  • Czech Republic Electric Motor Company Profiles
  • Czech Republic Electric Motor Key Strategic Recommendations

Market Covered

The report offers a comprehensive study of the subsequent market segments:

By Motor Type

  • Alternate Current (AC) Motor
  • Direct Current (DC) Motor
  • Hermetic Motor

By Voltage Range

  • 9 V & Below
  • 10-20 V
  • 21-60 V
  • 60 V & Above

By Application

  • Industrial Machinery
  • Motor Vehicles
  • Heating
  • Ventilating
  • And Cooling (HVAC) Equipment
  • Aerospace & Transportation
  • Household Appliances
  • Other

By Speed (RPM)

  • Low-Speed Electric Motors (Less Than 1,000 RPM)
  • Medium-Speed Electric Motors (1,001-25,000 RPM)
  • High-Speed Electric Motors (25,001-75,000 RPM)
  • Ultrahigh-Speed Electric Motors (Greater Than 75,001 RPM))
Czech Republic Electric Motor Market (2024-2030): FAQs
Some of the major players in the Czech Republic electric motor market include ABB, Siemens, Teco Electric & Machinery, and Tesla Stropkov.
One of the main trends in the Czech Republic electric motor market is the focus on innovation and the development of new technologies.
One of the main challenges facing the Czech Republic electric motor market is the intense competition from other countries, especially China.
The future outlook for the Czech Republic electric motor market is positive, as the demand for electric motors is expected to continue to grow, driven by the shift towards green energy and the increasing adoption of electric vehicles.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com
1 Executive Summary
2 Introduction
2.1 Key Highlights of the Report
2.2 Report Description
2.3 Market Scope & Segmentation
2.4 Research Methodology
2.5 Assumptions
3 Czech Republic Electric Motor Market Overview
3.1 Czech Republic Country Macro Economic Indicators
3.2 Czech Republic Electric Motor Market Revenues & Volume, 2020-2030F
3.3 Czech Republic Electric Motor Market - Industry Life Cycle
3.4 Czech Republic Electric Motor Market - Porter's Five Forces
3.5 Czech Republic Electric Motor Market Revenues & Volume Share, By Motor Type, 2020-2030F
3.6 Czech Republic Electric Motor Market Revenues & Volume Share, By Output Power, 2020-2030F
3.7 Czech Republic Electric Motor Market Revenues & Volume Share, By Voltage Range, 2020-2030F
3.8 Czech Republic Electric Motor Market Revenues & Volume Share, By Application, 2020-2030F
3.9 Czech Republic Electric Motor Market Revenues & Volume Share, By Speed (RPM), 2020-2030F
4 Czech Republic Electric Motor Market Dynamics
4.1 Impact Analysis
4.2 Market Drivers
4.3 Market Restraints
5 Czech Republic Electric Motor Market Trends
6 Czech Republic Electric Motor Market, By Types
6.1 Czech Republic Electric Motor Market, By Motor Type
6.1.1 Overview and Analysis
6.1.2 Czech Republic Electric Motor Market Revenues & Volume, By Motor Type, 2020-2030F
6.1.3 Czech Republic Electric Motor Market Revenues & Volume, By Alternate Current (AC) Motor, 2020-2030F
6.1.4 Czech Republic Electric Motor Market Revenues & Volume, By Direct Current (DC) Motor, 2020-2030F
6.1.5 Czech Republic Electric Motor Market Revenues & Volume, By Hermetic Motor, 2020-2030F
6.2 Czech Republic Electric Motor Market, By Output Power
6.2.1 Overview and Analysis
6.3 Czech Republic Electric Motor Market, By Voltage Range
6.3.1 Overview and Analysis
6.3.2 Czech Republic Electric Motor Market Revenues & Volume, By 9 V & Below, 2020-2030F
6.3.3 Czech Republic Electric Motor Market Revenues & Volume, By 10-20 V, 2020-2030F
6.3.4 Czech Republic Electric Motor Market Revenues & Volume, By 21-60 V, 2020-2030F
6.3.5 Czech Republic Electric Motor Market Revenues & Volume, By 60 V & Above, 2020-2030F
6.4 Czech Republic Electric Motor Market, By Application
6.4.1 Overview and Analysis
6.4.2 Czech Republic Electric Motor Market Revenues & Volume, By Industrial machinery, 2020-2030F
6.4.3 Czech Republic Electric Motor Market Revenues & Volume, By Motor vehicles, 2020-2030F
6.4.4 Czech Republic Electric Motor Market Revenues & Volume, By Heating, ventilating, and cooling (HVAC) equipment, 2020-2030F
6.4.5 Czech Republic Electric Motor Market Revenues & Volume, By Aerospace & transportation, 2020-2030F
6.4.6 Czech Republic Electric Motor Market Revenues & Volume, By Household appliances, 2020-2030F
6.4.7 Czech Republic Electric Motor Market Revenues & Volume, By Other, 2020-2030F
6.5 Czech Republic Electric Motor Market, By Speed (RPM)
6.5.1 Overview and Analysis
6.5.2 Czech Republic Electric Motor Market Revenues & Volume, By Low-Speed Electric Motors (Less Than 1,000 RPM), 2020-2030F
6.5.3 Czech Republic Electric Motor Market Revenues & Volume, By Medium-Speed Electric Motors (1,001-25,000 RPM), 2020-2030F
6.5.4 Czech Republic Electric Motor Market Revenues & Volume, By High-Speed Electric Motors (25,001-75,000 RPM), 2020-2030F
6.5.5 Czech Republic Electric Motor Market Revenues & Volume, By Ultrahigh-Speed Electric Motors (Greater Than 75,001 RPM), 2020-2030F
7 Czech Republic Electric Motor Market Import-Export Trade Statistics
7.1 Czech Republic Electric Motor Market Export to Major Countries
7.2 Czech Republic Electric Motor Market Imports from Major Countries
8 Czech Republic Electric Motor Market Key Performance Indicators
9 Czech Republic Electric Motor Market - Opportunity Assessment
9.1 Czech Republic Electric Motor Market Opportunity Assessment, By Motor Type, 2020-2030F
9.2 Czech Republic Electric Motor Market Opportunity Assessment, By Output Power, 2020-2030F
9.3 Czech Republic Electric Motor Market Opportunity Assessment, By Voltage Range, 2020-2030F
9.4 Czech Republic Electric Motor Market Opportunity Assessment, By Application, 2020-2030F
9.5 Czech Republic Electric Motor Market Opportunity Assessment, By Speed (RPM), 2020-2030F
10 Czech Republic Electric Motor Market - Competitive Landscape
10.1 Czech Republic Electric Motor Market Revenue Share, By Companies, 2024
10.2 Czech Republic Electric Motor Market Competitive Benchmarking, By Operating and Technical Parameters
11 Company Profiles
12 Recommendations
13 Disclaimer
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