Press release
Induction Motors Market Research, Growth, Share, Industry Trends and Analysis, Forecast to 2027
Significant superiority of induction motors over others is one of the primary driving factors in the induction Motors market. Rugged built, lightweight, reliable and low after sale maintenance cost are some of the factors that are pushing the demand in the Induction pump market. With the increasing awareness regarding environmental protection the induction motors low emission rate also contributes to the growing induction motor market
Hence the market for induction motors is expected to grow at XX% CAGR (2016-2027).
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Segments
The Induction motor market has been segmented on the basis of end users as residential, commercial and industrial. On the basis of product the market has been segmented as Synchronous, direct current and asynchronous motors.
Intended Audience
Induction motor manufacturers
Induction motor Suppliers
Research and Development (R&D) Companies
Regional Analysis of Induction Motors Market
North America and Europe are the leading regions in the global Induction motor market mainly due to the high demand and production rate. Asia-Pacific is the other growing region mainy due to the recent boom in their manufacturing sector.
Study Objectives of Induction Motor Market
To provide detailed analysis of the market structure along with forecast for the next 10 years of the various segments and sub-segments of the global Induction Motors market
To provide insights about factors affecting the market growth
To Analyze the Induction Motors market based on various factors- price analysis, supply chain analysis, Porters five force analysis.
To provide historical and forecast revenue of the market segments and sub-segments with respect to six main geographies and their countries- North America, Europe, Asia-Pacific, South America, Middle East, and Africa
To provide country level analysis of the market with respect to the current market size and future prospective
To provide country level analysis of the market for segment by End User, by Application, and by region as well as its sub segments
To provide strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market
To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, and new product developments in the global Induction Motors market
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Key Players
Some of the key players in the Induction Motor market are Emerson Electric Company,Regal Beloit Corporation, ABB Ltd.,Schneider Electric SE,Marathon Electric, Kirloskar Electric Company Siemens AG, and Baldor Electric Company.
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