Motor & Generator Manufacturing
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; 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 460 establishments (single-location companies and units of multi-location companies) with combined annual revenue of about $9 billion.
The industry does not include makers of starter motors and battery charging alternators for internal combustion engines or makers of turbine generator sets.
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 largest foreign suppliers of motors and generators to the US market.
Products, Operations & Technology
Fractional horsepower motors (fractions of one horsepower) and integral horsepower motors (multiples of one horsepower) are the largest product categories;
Sales & Marketing
Finance & Regulation
Regional & International Issues
Also includes the following chapters:
Quarterly Industry Update
Trends and Opportunities
Call Preparation Questions
Glossary of Acronyms