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Intelligent Motor Controller Market by Voltage, by Motor Type, by End User, by Application, & by Region - Global Trends & Forecasts to 2021

Intelligent Motor Controller Market: Forecasts until 2021

  • May 2016
  • 163 pages
  • ID: 3861475
In this report:
India accounted for ##.##% share in the Asia-Pacific intelligent motor controller market in 2015, and is expected to grow at the highest CAGR of ##.##% during the forecast period.
Europe held the largest share of more than ##.##% in the pumps market in 2015, and is expected to grow at the highest CAGR of ##.##% from 2016 to 2021
According to BP statistical review of World Energy 2014, Saudi Arabia's total electricity consumption stood at ##.## TWh.

Summary

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The intelligent motor controller market is estimated to grow $857.60M by 2021, at a compound annual growth rate of ~5.5 percent from 2016 to 2021.Growing demand for smart, multifunctional, and integrated devices and rise of automation in main end-use industries including oil & gas, water & wastewater, power generation, and food & beverage in regions including Europe and North America continent are driving market increase. Intelligent motor controllers are employed for motor control & protection in almost all main sectors, including oil & gas, water & wastewater, power generation, food & beverage, and metals & mining. Given the increasing demand for motor-driven equipment in these markets, the market demand for smart motor control systems is set to growth in coming years.

"Oil & gas market to lead the overall intelligent motor controller market"

With regard to industrial end-users, the oil & gas sector is the biggest segment, while water & wastewater is the quickest increasing. This increase can be accredited to technological advancements that have made communication enabled smart motor controller more efficient and cost-effective.

"EU: The quickest increasing regional market for intelligent motor controller"

The european area has more important adoption of smart devices, especially the intelligent motor controller; the territory is the biggest market for intelligent motor controller. Germany (DE) and the United Kingdom are the top contributors to the increase of the intelligent motor controller market in Europe (EU). The area has witnessed increasing demand for smart devices; this forecast is expected to progress in the outlook since sectors are upgrading outdated infrastructure. The growing demand for motor-driven applications, along increasing concerns regarding motor efficiency and profitability, would likely boost the industry demand for intelligent motor controller in the territory.

Key players' distribution profiles:

By Company Type: Tier 1 - 30.0 percent, Tier 2 - 35.0 percent, Tier 3 - 35.0 percent

By Designation: C-Level - 20.0 percent, D-Level - 25.0 percent, Others - 55.0 percent

By area: North america (NA) - 13.0 percent, Europe - 12.0 percent, Asia-Pacific - 50.0 percent, the Middle East & Africa - 25.0 percent

Note: *Others contain business development managers, marketing managers, product managers, design engineers, and sales engineers.

The 1/3 of the companies, the tiers of the corporations has been defined on the basis of their final revenue as of 2014: Tier 1 = >USD 10 billion, Tier 2 = $10.0B to $1.0B, and Tier 3 =

Top actors in the sector contain ABB Ltd. (NYSE:ABB), General Electric (NYSE:GE), Rockwell Automation (NYSE:ROK), and Siemens (SIA). Other actors operating in the industry contain Mitsubishi Electric (TSE:6503), Roboteq Inc., Nanotec Electronic GmbH & Co. KG, Schneider Electric (SU), NXP Semiconductors, Fairford Electronics, LSIS Co. Ltd., and Larsen & Toubro

Why acquiring this study can help you:

This market research highlights on several levels of analysis - industry, market share research of top players, supply chain research, and company descriptions, which together comprise and examine the basic overviews on the competitive landscape; coming out and high-growth segments of the intelligent motor controller market; high-growth areas; and sector drivers, market restraints, and alternatives.

The analysis offers business insights about the following parts:

- Business entry: Exhaustive information on intelligent motor controller products provided by key players in the overall intelligent motor controller market

- Product improvement/Innovative products: In-depth understanding into up-on-coming technologies, Research&development activities, and recent product launches in the intelligent motor controller market

- Industry development: Highlighted information about profitable emerging sectors. The market research examines the sector for intelligent motor controller across localities

- Industry diversification: Complete information about recent products, untapped regional sectors, recent evolutions, and market investments in the overall intelligent motor controller market

- Opposing assessment: Detailed assessment of market shares, strategies, products, and manufacturing competences of key players in the overall intelligent motor controller market

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