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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)

  • July 2015
  • 230 pages
  • Industry ARC
Report ID: 3493343

Summary

Table of Contents

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.

The above pie chart indicates the demand for industrial motors in different regions across the world in 2014. 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 growth of xx% during the forecast period 2015-2020.

Please note: this report requires certain updates. We have all the information available but require 2 business days to complete the process and ensure it is as up-to-date as possible.


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