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Global Electric Motor Sales Market 2018-2023:The Electric Motor Sales Market size will grow from USD 99.95 Billion in 2017 to USD 144.37 Billion by 2023, at an estimated CAGR of 6.32%. The base year considered for the study is 2017, and the market size is projected from 2018 to 2023.
Increasing demand for power utilities and automobile production along with the rise in commercial and residential infrastructure growth, especially in the developing economies, are the major factors for driving the market. Electric motors are widely used in all the sectors and the global production of electric motors are drastically increased in recent years due to increase in the utilization of motors for maximum output from the major sectors such as industrial, agriculture, residential, commercial, and transportation. The electric motor sales market is classified by type into AC and DC motors. AC motors are the fastest growing segment in the electric motor sales market. With increasing applications in end-user industries such as, transportation, chemicals, and many others, the AC motors segment is expected to dominate the market till 2023.
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By Market Players:
ABB Ltd., Siemens AG, General Electric Company, Nidec Corporation, Denso Corporation, Allied Motion Technologies, Inc., Ametek, Inc., Bosch Group, Emerson Electric Co., Hitachi, Ltd., Johnson Electric Holdings Limited, Regal Beloit Corporation, Rockwell Automation, WEG, ARC Systems, Inc., Baldor Electric Co., Toshiba International Corporation
By Type:
AC Motors, DC Motors
By Voltage:
1 kV Motors, 1 kV–6.6 kV Motors, 6.6 kV Motors
By Output Power:
1 hp Motors, 1 hp Motors
By End-User:
Industrial, Commercial, Residential, Agriculture, Transportation
The prime objective of this report is to help the user understand the market in terms of its definition, segmentation, market potential, influential trends, and the challenges that the market is facing. Deep researches and analysis were done during the preparation of the report. The readers will find this report very helpful in understanding the market in depth. The data and the information regarding the market are taken from reliable sources such as websites, annual reports of the companies, journals, and others and were checked and validated by the industry experts. The facts and data are represented in the report using diagrams, graphs, pie charts, and other pictorial representations. This enhances the visual representation and also helps in understanding the facts much better.
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Table of Content:
1. Chapter One: Industry Overview
2. Chapter Two: Production Market Analysis
3. Chapter Three: Sales Market Analysis
4. Chapter Four: Consumption Market Analysis
5. Chapter Five: Production, Sales and Consumption Market Comparison Analysis
6. Chapter Six: Major Manufacturers Production and Sales Market Comparison Analysis
Continued…
Part 2:
Global Synchronous Motors Market 2018-2023:
The Synchronous Motors Market size will grow from USD 18.31 Billion in 2017 to USD 23.43 Billion by 2023, at an estimated CAGR of 4.2%. The base year considered for the study is 2017, and the market size is projected from 2018 to 2023.
High efficiency associated with synchronous motors, power factor correction capabilities, and stringent regulations are driving the synchronous motors market worldwide. High efficiency associated with synchronous motors makes it superior in comparison to induction motors. This has emerged as a major trend in the synchronous motors market. On the basis of application, the fans segment is the fastest growing for synchronous motors. Most fans usually operate at a fixed speed. However, by using synchronous motors, the speed can be controlled through variable motor speed operation. Meanwhile, the building automation industry I use fans for heating, cooling, and ventilation system. The application of synchronous motors in heating and cooling units has increased significantly in the recent past, and the trend is expected to continue in the future, due to its speed control properties and enhancing electric system efficiency. Different types of fans, such as, cooling tower fans, exhaust fans, induced draft fans, and forced draft fans, are used in the cement, mining, oil & gas, water & wastewater, chemicals & petrochemicals, and pulp & paper industries. Rising energy cost is driving the growth of the synchronous motors market across various industries.
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By Market Players:
ABB Ltd., Siemens AG, General Electric, Rockwell Automation Inc., Toshiba Corporation, WEG SA, Bosch Group, Johnson Electric Holdings Limited, Hitachi Ltd., Emerson Electric Co., Nidec Corporation, Arc Systems Inc.
By Mounting Type:
Horizontal, Vertical
By Voltage Class:
Medium Voltage, Low Voltage
By End-User:
Oil & Gas, Chemicals & Petrochemicals, Mining, Pulp & Paper, Metals
By Application:
Compressors, Pumps, Fans, Conveyer Belts, Extruders
The prime objective of this report is to help the user understand the market in terms of its definition, segmentation, market potential, influential trends, and the challenges that the market is facing. Deep researches and analysis were done during the preparation of the report. The readers will find this report very helpful in understanding the market in depth. The data and the information regarding the market are taken from reliable sources such as websites, annual reports of the companies, journals, and others and were checked and validated by the industry experts. The facts and data are represented in the report using diagrams, graphs, pie charts, and other pictorial representations. This enhances the visual representation and also helps in understanding the facts much better.
Place Purchase Order for Synchronous Motors Market Report @ http://orbisresearch.com/contact/purchase/2131170
Table of Content:
1. Chapter One: Industry Overview
2. Chapter Two: Production Market Analysis
3. Chapter Three: Sales Market Analysis
4. Chapter Four: Consumption Market Analysis
5. Chapter Five: Production, Sales and Consumption Market Comparison Analysis
6. Chapter Six: Major Manufacturers Production and Sales Market Comparison Analysis
Continued…
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