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Medium and High Power Motors Market: Positive Outlook of Manufacturing Industries to Drive Market at 7.3% CAGR during 2013-2019

10-20-2016 08:50 AM CET | IT, New Media & Software

Press release from: TMR -Reports

A motor is an electro-mechanical device that converts electrical energy into mechanical energy. The electrical motor has brought about one of the most significant developments in the engineering and technology fields ever since electricity was invented.

The report elucidates that positive developmental trends in the manufacturing industry and growth incentives for energy efficient electric motor systems will propel the growth of the global market for medium and high power motors. The practice of replacement of motors that operate on outdated technology will also augment the market’s growth. However, volatile raw material prices and high purchase prices of energy efficient motors will inhibit the growth of this market during the forecast period. Nevertheless, the market has immense growth prospects if manufacturers are able to bring superior and high efficiency motors to the market.

PDF Sample For Full Details with Technological breakthroughs is @ http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=1412

By type, the segments of the global medium and high power motors market are AC motors and DC motors. The AC motors segment is further sub-segmented into three phase and single phase motors. Likewise, the sub-segments of DC motors are brushed motors and brushless motors. AC motors held a share of 79.4% in the global market’s revenue in 2012 and are expected to retain its dominant position until the end of the forecast period.

On the basis of efficiency class, IE1, IE3, IE2, and non-regulated motors are the segments of this market. IE2 efficiency class motors are ahead in this market as products with this efficiency are widely adopted across the world. The segment held a 70.7% share in the overall market in 2012. Nevertheless, in developed countries such as the U.S., due to regulatory norms, the use of IE3 efficiency motors is mandatory. The IE3 motor class will display significant growth due to mandatory regulations in place for the utilization of premium efficiency motors in several developed countries.

The report examines the global medium and high power motors market across the regional segments of North America, Asia Pacific, Europe, and Rest of the World. Asia Pacific stood as the largest market for medium and high power motors in 2012 with a share of 73.5% in the global market in terms of revenue.

Transparency Market Research’s new market study on the global medium and high power motors market delves into the progression of the said market for the 2013-2019 period. The complete analysis of growth trends, vital market indicators, and technological advancements of this market are presented in the report, titled “Medium and High Power Motors Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019.” According to the report’s findings, the global medium and high power motors market will display a CAGR of 7.3% through the forecast period from 2013 to 2019. The market is projected to be valued at US$69.91 bn by 2019.

Browse Full Medium and High Power Motors Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019 report at http://www.transparencymarketresearch.com/low-medium-voltage-motors.html

Some leading companies in this market are Brook Crompton UK Ltd., Franklin Electric Co. Inc., Baldor Electric Company Inc., Siemens AG, Ametek Inc., ARC Systems Inc., Danaher Motion LLC, Johnson Electric Holdings Ltd., Regal Beloit Corp., Rockwell Automation Inc., Asmo Co. Ltd., and Allied Motion Technologies Inc.

Transparency Market Research (TMR) is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information.

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Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com

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