Industrial Motors Market Analysis - 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 (2015 - 2020) Published on – 30 July, 2015 | Number of pages : 230 Single User Price: $4250 The research methodology used to estimate and forecast Industrial Motors Market Analysis begins with capturing data on key vendor revenue through the secondary research.
Summary of the Report: 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 motors in the Industrial Motors Market is rising globally due to the introduction of stringent energy standards and rising electricity prices.
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Topics Covered in this report : Scope and Regional forecast of the Industrial Motors Market:
In the Industrial Motors Market, the 501kw to 1.5kw medium voltage motors have the maximum market share among them of about 26%. The market for IE2 low voltage motors is growing at an enormous and is estimated to account to 60% by 2015. The major growth drivers for Industrial Motors Market 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.
In the Industrial Motors Market, major manufacturers of industrial motors are going for product innovations through which they could increase the efficiency levels and decrease the power consumption. Power consumption from electrical motors accounted for more than 20% of the global electrical energy demand. Segmentation and Key players of the Industrial Motors Market: The Industrial Motors Market is segmented into various categories by voltage, by product type, by rotor structure, by end use industry and by geography.
By voltage: high voltage, medium voltage and low voltage By product type: IE1 (Standard Efficiency), IE2 (High Efficiency), IE3 (Premium Efficiency), IE4 (Super Premium Efficiency), DC Motors and others
By rotor structure: Asynchronous AC Motors (Single Phased Induction Motor, Three Phased Induction Motor), Synchronous AC Motors, Brushed DC Motors and Brushless DC Motors
By end use industry: oil & gas, power generation, mining & metal, water & waste water, industrial machinery (medical equipment, pulp and paper, construction equipment, food & beverages and others) By geography: North America, South America, Europe, Asia Pacific and ROW
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The key players in the Industrial Motors Market are as follows: • • • • •
Nidec Motor Corporation ABB Group Mitsubishi Electric Siemens AG Fuji Electric Co., Ltd.
The Industrial Motors Market is a steady growing market and with a nonreplaceable alternative and high scope to be applied in various end user industries. This market is expected to witness good growth owing to the rising industrialization in various regions across the globe during 2016-2021.
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Industrial Motors Market Analysis - 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 (2015 - 2020) A detailed qualitative analysis of the factors responsible for driving and restraining growth of the Industrial Motors Market Analysis and future opportunities are provided in the report.
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