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Electric AC Motors Market Estimated to Experience a Hike in Growth by 2025 | Key Players: ABB Ltd., Baldor Electric Co., Toshiba, Siemens AG

03-10-2020 01:48 PM CET | Energy & Environment

Press release from: QUINCE MARKET INSIGHTS

Electric AC Motors

Electric AC Motors

This detailed market study focuses on data from different primary and secondary sources, and is analyzed using various tools. It helps to gain insights into the market's growth potential, which can help investors identify scope and opportunities. The analysis also provides details of each segment in the global electric ac motors market.

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According to the report, the electric ac motors market is projected to register high demand during the forecast period with increasing demand from major end-use industries such as Low maintenance cost when compared to non-electric AC motors during the forecast period.

What is an electric AC motor?

An electric AC motor is generally driven with the help of alternating current (AC). This electric AC motor comprises two parts i.e. a stator which is located outside and a rotor that is located inside. An outside stator has the coils which help in producing the rotating magnetic field. The speed of the electric AC motor can be controlled with the help of a controller or a variable-frequency drive. These products are widely used in compressors, fixed cranes, diesel-electric engines, and domestic appliances due to their key advantages such as cost-effectiveness and efficient operation in harsh environments.

Key Factors Impacting Market Growth:

o Low maintenance cost when compared to non-electric AC motors
o The rapidly increasing fuel prices.
o Increasing demand for cleaner sources of energy

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Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:

1. ABB Ltd.
2. Baldor Electric Co.
3. Toshiba
4. Siemens AG
5. Rockwell Automation Inc.
6. Franklin Electric Co. Inc.
7. Allied Motion Technologies Inc.
8. Johnson Electric
9. Ametek Inc.
10. Asmo Co. Ltd.
11. Baldor Electric Company Inc.

Regional segmentation and analysis to understand growth patterns:

The market has been segmented in major regions to understand the global development and demand patterns of this market.

Detailed information for markets like North America, Western Europe, Eastern Europe, Asia Pacific, Middle East, and Rest of the World is provided by the global outlook for the electric ac motors market. During the forecast period, North America and Western Europe are projected as main regions for the shortwave infrared sector. As one of the developed regions, the energy & power sector is important for the operations of different industries in this area

This is one of the key factors regulating electric ac motors market growth in those regions. Some of the major countries covered in this region include the USA, Germany, United Kingdom, France, Italy, Canada, etc.

During the forecast period, Asia Pacific is expected to be one of the fastest-growing regions for the electric ac motors market. Some of the fastest-growing economies and increasing energy & power demand to cater for high population & industries are expected to drive demand in this area. During the forecast period, China and India are expected to record large demand. During the forecast period, the Middle East which includes the UAE, Saudi Arabia, Iran, Qatar, and others promises high market potential. In terms of market demand during the forecast period, the rest of the world including South America and Africa are developing regions.

This report provides:

1) An overview of the global market for electric ac motors market and related technologies.
2) Analysis of global market trends, yearly estimates and annual growth rate projections for compounds (CAGRs).
3) Identification of new market opportunities and targeted consumer marketing strategies for global electric ac motors market.
4) Analysis of R&D and demand for new technologies and new applications
5) Extensive company profiles of key players in industry.

The researchers have studied the market in depth and have developed important segments such as product type, application and region. Each and every segment and its sub-segments are analyzed based on their market share, growth prospects and CAGR. Each market segment offers in-depth, both qualitative and quantitative information on market outlook.

With an emphasis on both organic and inorganic growth strategies there have been several primary developments done by major companies like, ABB Ltd., Baldor Electric Co., Toshiba, Siemens AG, Rockwell Automation Inc., Franklin Electric Co. Inc., Allied Motion Technologies Inc., Johnson Electric, Ametek Inc., Asmo Co. Ltd., Baldor Electric Company Inc.

Market Segmentation:

By Type:
Synchronous
Induction

By Voltage:
Integral
Fractional

By End User:
Industrial
Automotive
HVAC
Transportation
Household

By Region:
North America
By Country (US, Canada, Mexico)
By Type
By Voltage
By End User
Western Europe
By Country (Germany, UK, France, Spain, Rest of Western Europe)
By Type
By Voltage
By End User
Eastern Europe
By Country (Russia, Turkey, Rest of Eastern Europe)
By Type
By Voltage
By End User
Asia Pacific
By Country (China, Japan, India, Rest of Asia Pacific)
By Type
By Voltage
By End User
Middle East
By Country (UAE, Qatar, Iran, Saudi Arabia, Rest of Middle East)
By Type
By Voltage
By End User
Rest of the World
By Region (South America, Africa)
By Type
By Voltage
By End User

Reasons To Buy This Report:

o Market size estimation of the global electric AC motor market on a regional and global basis
o Unique research design for market size estimation and forecast
o Profiling of major companies operating in the market with key developments
o Broad scope to cover all the possible segments helping every stakeholder in the market

Customization:

We provide customization of the study to meet specific requirements:
o By Segment
o By Sub-segment
o By Region/Country

Contact Us
Quince Market Insights
Ajay D. (Knowledge Partner)
Office No- A109,
Pune, Maharashtra 411028
Phone: +91 706 672 5858/+1 208 405 2835/+91 706 672 4848
Email:sales@quincemarketinsights.com
Web:www.quincemarketinsights.com

ABOUT US:
QMI has the most comprehensive collection of market research products and services available on the web. We deliver reports from virtually all major publications and refresh our list regularly to provide you with immediate online access to the world's most extensive and up-to-date archive of professional insights into global markets, companies, goods, and patterns.

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