Energy Efficient Motor Market 2025 With Top Players Forecast - Magnetek, Emerson, Siemens, ABB, GE, Bosch Rexroth, Johnson Controls, Honeywell, Regal Beloit Corporation, Schneider Electric, Baldor Electric Company, Microchip Technology Inc

Energy efficient motor market the verifiable and figure orders for North America, Europe, Asia-Pacific, Latin America, the Center East and Africa have been included within the territorial advertise division. We've taken up the company profiles to really get it these key players and brands. The 2016-2026 generation, utilization, income, net edge, fetched, net, showcase share, CAGR, and showcase impacting variables of the energy efficient motor advertise within the worldwide level have been laid down in this report.

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Market Statistics

Global Energy Efficient Motor Market accounted for USD 29.75 billion in 2017 and is projected to grow at a CAGR of 6.9% the forecast period of 2018 to 2025. (Current Year Statistic Will Be Provided In Report).

Market Definition

The Energy efficient motors are high effectiveness engines that give comparative quality by expending lesser measures of energy. These engines are utilized for wide mechanical applications like paper, concrete, materials, cranes, material taking care of, machine devices and blowers and so forth. It has numerous advantages like decrease in vitality utilization, run cooler and have longer life. Its forthright cost might be higher however consequences of enhancing energy effectiveness can reimburse the speculation rapidly.

Key Companies

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 .

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.

According UNIDO (United Nations Industrial Development Organization), electric motor systems account for about 60 to 70% of industrial electricity consumption depending on the industrial structure. There has been extensive usage of electric motors not only in the industry sectors but also in the commercial, residential, agricultural and transportation sectors.

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Market Segmentation: Global Energy Efficient Motor Market

The global energy efficient motor market is based on

• Efficiency Level
• Type
• Application
• Vertical
• Geographical Segments

Based on energy efficiency level, the global energy efficient motor market is segmented into

· IE1

· IE2

· IE3

· IE4

Based on type, the global energy efficient motor market is segmented into

· AC Motors

· DC Motors

Based on application, the global energy efficient motor market is segmented into

· HVAC

· Fans

· Pumps

· Compressors

· Refrigeration

· Material handling

· Material processing

Based on vertical, the global energy efficient motor market is segmented into

· Industrial

· Commercial Building

· Residential

· Automotive

· Agriculture

· Aerospace

· 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.

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.

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