Press release
Energy Efficient Motor Market Review in 2018 With Bosch Rexroth, Johnson Controls, ABB, Schneider Electric, CG Power and Industrial Solutions Limited (Formerly Crompton Greaves Limited)
Energy Efficient Motor Market
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Key Players: Global Energy Efficient Motor Market
The global energy efficient motor market is fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market in order to sustain in long run. The key players in the global energy efficient motor market are Bosch Rexroth, AG Regal, Beloit Corporation, General Electric Microchip Technology, Inc., Johnson Controls Inc., ABB Ltd., Crompton Greaves, Marathon Electric, Schneider Electric SE, Honeywell International, Inc., Baldor Electric Company, Siemens AG, Emerson Electric Company, Kirloskar Electric Company Ltd., Magneteck, Inc.
Market Drivers and Restraints:
• Cost effectiveness- saving of energy and subsequent cost over traditional motors.
• Increasing support from governments worldwide for the adoption of energy efficient motors.
• Rising need to diminish greenhouse effect-environmental sustainability.
• Product portability.
• High initial cost.
Market Segmentation: Global Energy Efficient Motor Market
• The global energy efficient motor market is based on efficiency level, type, application, vertical and geographical segments.
• Based on energy efficiency level, the global energy efficient motor market is segmented into IE1, IE2, IE3 and IE4.
• Based on type, the global energy efficient motor market is segmented into AC Motors and DC Motors.
• Based on application, the global energy efficient motor market is segmented into HVAC, fans, pumps, compressors, refrigeration, material handling and material processing.
• Based on vertical, the global energy efficient motor market is segmented into industrial, commercial building, residential, automotive, agriculture, aerospace and defense.
• Based on geography, the global energy efficient motor report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.
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