Press release
Industrial Motors Market Outlook with Company Profiles – ABB, Siemens, Mitsubishi, GE, HITACHI, Nidec, Toshiba, Regal Beloit, WEG and More
Researchbeam.com has added a new “Global Industrial Motors Market by Manufacturers, Regions, Type and Application, Forecast to 2023” focusing on global major leading players with information such as company profiles, market trend, share and forecast.This report focuses on the Industrial Motors in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
As an important device in various industries, the development of industrial motors have a close relationship with the development of manufacturing industries.
The global average price of Industrial Motors is in the decreasing trend, from 41.1 USD/KW in 2012 to 38.8 USD/KW in 2016. With the situation of global economy, prices will be in decreasing trend in the following five years.
Request a sample copy of this research: https://www.researchbeam.com/global-industrial-motors-by-manufacturers-regions-type-and-application-forecast-to-2023-market/request-sample?utm_source=OPR&utm_medium=CC
North America and Europe account for 20.15% and 21.76% market share in 2016 respectively. As developed region, the growth rate of industrial motors are as low as less than 3%. On the other hand, the development speed of industrial motor in China and other Asian countries is relatively high. Besides, China is also the largest consumption market with market share of 29.59%.
Market Concentration Rate is relative low though the top 10 manufacturers occupies nearly 41% market share in 2016. There are still thousands of manufacturers participated in this market.
The worldwide market for Industrial Motors is expected to grow at a CAGR of roughly xx% over the next five years, will reach xx million US$ in 2023, from xx million US$ in 2017, according to a new GIR (Global Info Research) study.
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Market Segment by Manufacturers, this report covers ABB, Siemens, Mitsubishi, GE, HITACHI, Nidec, Toshiba, Regal Beloit, WEG, Teco, Emerson, MEIDENSHA, Wolong Electric, Rockwell Automation, Franklin Electric, Zhongda Motor, XIZI FORVORDA, Ametek, Allied Motion and JEUMONT.
Related Report:
Global Smart Motors Market Research Report 2018
This report studies the global Smart Motors market status and forecast, categorizes the global Smart Motors market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China, and other regions (India, Southeast Asia, Central & South America, and Middle East & Africa).
The global Smart Motors market is valued at million US$ in 2017 and will reach million US$ by the end of 2025, growing at a CAGR of during 2018-2025. The major manufacturers covered in this report such as Rockwell Automation (U.S.), Moog (U.S.), ABB (Switzerland), General Electric (U.S.), Siemens (Germany), Schneider Electric (France) and Technosoft (Switzerland).
Read more on this: https://www.researchbeam.com/global-smart-motors-research-report-2018-market?utm_source=OPR&utm_medium=CC
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