Hyderabad, India, March 11, 2017 (GLOBE NEWSWIRE) -- The report “ Industrial Motors Market: By Product (IE1, IE2, IE3, IE4); By Voltage Range; By Rotor (Asynchronous, Synchronous, DC); By End Use (Oil & Gas, Mining, Power Generation, Chemical) With Forecast (2016 - 2021) ”, published by IndustryARC, estimates APAC region holds the largest market share globally.
Browse 21 Market Tables, 72 Figures spread through 146 Pages and an in-depth TOC on “ Industrial Motors Market ” - http://industryarc.com/Report/7383/industrial...eport.html
Motors are electrical machines which convert electrical energy into mechanical energy by the interaction between the magnetic fields set up in stator and rotor windings. Motor is the universal constant on which manufacturing units run. The demand for energy efficient industrial motors is rising globally due to the introduction of stringent energy standards and rising electricity prices. Rising standards in the improvement of efficiency and design are forcing manufacturers to design and develop energy efficient motors. The demand for industrial motors is dependent on the growth in the industrial production and expansion.
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Scope & Regional Forecast of the Industrial Motors Market
The major growth drivers for industrial motors are the rising production and expansion in end user industries. In North American region with the newly expanded oil reserves, the market for industrial motors used in Oil & Gas industry are projected to have a substantial growth. Rising trend for repair rather than replacing is a major challenge in the aftermarket.
The APAC region holds the largest share of the market due to the large growth in the industrial production mostly in China and other South-east Asian countries. Experts estimate APAC industrial motors market to have a highest CAGR growth during the forecast period 2016-2021.
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Segmentations Involved in the Industrial Motors Market:
The Industrial Motors Market can be broken down into various segmentations on the basis of -
- By Product Type : IE1(Standard Efficiency), IE2(High Efficiency), IE3(Premium Efficiency), IE4(Super Premium Efficiency), DC Motors and Others
- Voltage: High Voltage, Medium Voltage, Low Voltage.
- Rotor Structure: Asynchronous AC Motors, Synchronous AC Motors, Brushed DC Motors, Brushless DC Motors
- End User Industries: Oil & Gas, Power Generation, Mining & Metal, Pulp and Paper, Chemicals, Marine and Others.
- Geography: Americas, Europe, APAC, RoW
Some of the sample companies profiled in the Industrial Motors Market are as follows:
- Nav Bharat Motor Manufacturing Co.
- Revolution Technology
- HBD Industries, Inc.
- General Electric
- T-T Electric USA, LLC.
- Spark Engineering & Automation
- Siemens AG
- Precision Engineering Works
- Svend Hoyer A/S
- Guangdong Lingyi Industry Technology Co.,Ltd
- Wenzhou Start Co. Ltd
- TECO Electric and Machinery
- HANNING ELEKTRO-WERKE GmbH & Co. KG
- Angst+Pfister
- M.G.M. motori elettrici S.p.A
- B & R AUTOMATION
- Motive srl
- Nidec Motor Corporationhttp://industryarc.com/events.php
- Hitachi America, Ltd.
Why buy this report?
- The overall market has been consolidated from the perspective of different geographic locations and key economies for carbon capture and storage market.
- Identifies growth sectors and factors driving or constraining the market.
- The market is analyzed based on the key attributes such as the power in the hands of producers and consumers, analysis on the degree of competition, and threats from substitutes and new entrants.
- The study includes the demand of this particular market on a global and regional scale for a six year period of 2017 - 2022, to assess how the market will develop.
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