Global Medium and High Power Motors Market – Industry Analysis and Forecast (2019-2026)
Global Medium and High Power Motors Market was valued US$ XX Bn in 2018 and is expected to reach US$ XX Bn by 2026, at a CAGR of around XX % during a forecast period.
The incentive for energy efficient electric motor driven systems paired with the positive viewpoint of manufacturing industries may spur demand over the coming years. Furthermore, rising replacement of less efficient and old products along with the implementation of severe regulations across numerous countries is projected to escalate industry growth.
Favorable government initiatives encouraging the use of these products among consumers is also anticipated to boost demand over the next few years. Increasing need for energy efficiency and improving financial position, an economic condition of industrial users has instigated industrial users to invest in energy efficient products in order to improve their production and reduce operational cost.
The continuous increasing cost of energy coupled with government subsidies on premium efficiency motors are anticipated to offer new avenues for industry growth over the coming years. Nevertheless, instability in raw material price and high purchase cost is expected to hamper industry growth. Moreover, lack of consciousness concerning the prolonged benefits may also pose a challenge to industry growth over the next few years.
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By type, AC motor market is anticipated to dominate the global revenue accounting for over 75% of the overall share in the forecast period, growth is anticipated to be driven by low cost and high power characteristics. Other factors driving growth in this segment comprise reliable & low maintenance operation and speed variation caused by AC products.
DC motor market is expected to exhibit a CAGR of over XX % over the forecast period. The segment is projected to grow rapidly over the next few years on account of advantages such as providing excellent speed control acceleration and deceleration, design simplicity, and cheap drive design. Furthermore, they also overcome the disadvantages of AC counterparts such as the inability to operate at low speeds and production of eddy currents.
Geographically, Asia-Pacific represents the biggest as well as the fastest rising regional market in global medium and high power motors market. The market growth is mainly attributed to positive economic outlook and rising manufacturing industries in China, India, South Korea, Indonesia and some other countries in the region. Large growth is anticipated in medium and high power replacement market mostly in North America and Europe because of stringent energy consumption regulations and government incentive programs for early replacement of less efficient industrial motors.
The report highlights entry barriers and market winning strategies to be considered by stakeholders who expect to venture in this industry in the next few years. Additionally, this study also comprises recommendations for both established players and new entrants in this market based on current market dynamics and anticipated future outlook. To assist in formulation, the report also contains company profiles of primary players in the global market, market winning strategies implemented by them and recent developments in this market. This study will help manufacturers, component and raw material suppliers and distributors in medium and high power motors engineering field to plan and develop their strategies in potential regional markets, technologies and product segment.
The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data and projections with a suitable set of assumptions and methodology. The report also helps in understanding global medium and high power motors market dynamics, structure by identifying and analyzing the market segments and project the global market size. Further, the report also focuses on the competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence. The report also provides PEST analysis, PORTER’s analysis, SWOT analysis to address the question of shareholders to prioritizing the efforts and investment in the near future to the emerging segment in global medium and high power motors market.
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Scope of Global Medium and High Power Motors Market
Global Medium and High Power Motors Market, By Output Power
• Medium Power Motors (Output between 0.746 KW and 200 KW)
• High Power Motors (Output > 200 KW)
Global Medium and High Power Motors Market, By Type
• AC Motors
• DC Motors
Global Medium and High Power Motors Market, By Efficiency Class
• IE1 (Standard Efficiency)
• IE2 (High Efficiency)
• IE3 (Premium Efficiency)
• IE4 (Super Premium Efficiency)
• Non-Regulated
Global Medium and High Power Motors Market, By End-Use Industry
• Motor Vehicle Manufacturers
• HVAC Manufacturers
• Industrial Machinery
• Aerospace and Other Transportation
• Commercial and Other Industries
Global Medium and High Power Motors Market, By Region
• North America
• Europe
• Asia Pacific
• Middle East & Africa
• South America
Key Players Operating in Global Medium and High Power Motors Market
• Brook Crompton UK Ltd.
• Danaher Motion LLC
• Baldor Electric Company Inc.
• Johnson Electric Holdings Ltd.
• Franklin Electric Co. Inc.
• Regal Beloit Corp.
• Siemens AG
• Rockwell Automation Inc.
• Ametek Inc.
• Asmo Co. Ltd.
• ARC Systems Inc.
• Allied Motion Technologies Inc.
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MAJOR TOC OF THE REPORT
Chapter One: Medium and High Power Motors Market Overview
Chapter Two: Manufacturers Profiles
Chapter Three: Global Medium and High Power Motors Market Competition, by Players
Chapter Four: Global Medium and High Power Motors Market Size by Regions
Chapter Five: North America Medium and High Power Motors Revenue by Countries
Chapter Six: Europe Medium and High Power Motors Revenue by Countries
Chapter Seven: Asia-Pacific Medium and High Power Motors Revenue by Countries
Chapter Eight: South America Medium and High Power Motors Revenue by Countries
Chapter Nine: Middle East and Africa Revenue Medium and High Power Motors by Countries
Chapter Ten: Global Medium and High Power Motors Market Segment by Type
Chapter Eleven: Global Medium and High Power Motors Market Segment by Application
Chapter Twelve: Global Medium and High Power Motors Market Size Forecast (2019-2026)
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Medium and High Power Motors: Lumawant Godage
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