Smart Motors Market 2020 Analysis by Global Manufacturers – Rockwell Automation, Inc., Moog, Inc., CG Global, Dunkermotoren GmbH, Reliance Precision Limited, Technosoft SA, RobotShop, Inc.

This report researches the worldwide Smart Motors market size (value, capacity, production and consumption) in key regions like United States, Europe, Asia Pacific (China, Japan) and other regions. This study categorizes the global Smart Motors breakdown data by manufacturers, region, type and application, also analyses the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

The smart motors market was valued at USD 1.2 billion a CAGR of 7.95% over the forecast period (2020-2025). Motors in application with the intelligent motor controls enables the motors with sophisticated communication capabilities to improve its performance and gain operation efficiencies. The smart motors allows predictive machine diagnosis resulting on reduced downtime by process optimization.

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Top Leading Companies of Global Smart Motors Market are Rockwell Automation, Inc., Moog, Inc., CG Global, Dunkermotoren GmbH, Reliance Precision Limited, Technosoft SA, RobotShop, Inc., HSD SpA, Software Motor Company, Lenze, USAutomation and others.

Industry News and Developments:

Milwaukee, February 2018 — Rockwell Automation expands family of Smart Motor Controllers
The new Allen-Bradley SMC-50 smart motor controller with internal bypass from Rockwell Automation brings greater operational control over motor starts and stops. As an extension of the soft starter family, the SMC-50 smart motor controller delivers greater functionality and efficiency across industries.

Soft starters traditionally use solid-state, silicon-controlled rectifiers (SCRs) to control voltage to the motor during startup, runtime and shutdowns. The reduced torque and current slowly introduces energy to the motor, mitigating electrical and mechanical stress to the application. If these SCRs remain in the circuit once the motor is up to speed, the heat generated by these devices leads to electrical inefficiency.
June 2019 - The Software Motor Company, a start-up that developed and offers smart motors have attracted an investment of USD 31.2 million as series A-2 funding from investors including JLL Spark and Meson Capital.

February 2019 - TRINAMIC introduced its first series of smart brushless range of DC motors which are capable of precise movements and integrates with closed-loop feedback for quality control across a range of applications

Key Market Trends

Industrial Applications is Expected to have the Largest Market Share

- According to the Software Motor Company, over 45% of the electricity produced is consumed by the electric motors used for millions of applications. Out of these, about 50% is not yet well utilized and subjects to a reduction in energy consumption.
- Recently metal has become of the widely used material for designing products with high strength and durability. This designing is also emphasized by upcoming effective metal cutters like plasma cutters has become a popular solution. The machine manufacturers are actively adopting smart motors to gain effective results. For instance, DynaTorch, a machine manufacturing comapny, mentioned that it had adopted smart servo motors from Moog Animatics.
- Additionally, these smart motors are also being adopted by textile machine manufacturers. The spool winding machine requires a continuous change in the winding drum speed with increasing spool size to maintain the exact tension on the thread while making a package. With the smart motors, these machines now have gained capabilities like specialized commands for winding applications and auto-reversing electronic gearing to eliminate the winding defects.
- The smart motors are being used in the oil and gas industries for the NDT pipeline inspection activities. For instance, Envision CmosXray LLC, a provider of gamma and digital X-ray systems for NDT inspection of pipelines year-round, has adopted smart servo motors. Moreover, governments are investing in pipeline expansion projects along with an increase in the increase in production across the world. In 2018, global oil production reached 94,718 thousand barrels per day. These factors are estimated to increase the demand for smart motors in the industrial market.

Asia Pacific Region to Grow Significantly

- According to the Economic Times, the index of industrial production in India increased to 7% in June 2018. In terms of industries, nineteen of the twenty-three industry groups in the manufacturing sector exhibited positive growth during the month of June 2018 as compared to the corresponding month of 2017. The country has been significantly investing in factory automation technologies.
- The automation market in India is also bolstered by policies, such as Industrial Policy 2017, which promote the use of new technologies to improve productivity. Also, the income tax reduction for all companies to 25% with a turnover of up to INR 250 crore is encouraging manufacturing projects in the country. This is, in turn, boosting the adoption of smart motors in the country.
- Moreover, the smart motors are being used in aerospace applications like flexitool tooling machines used for aircraft skin processing. The countries like China, Japan, along with India is extensively invest in their aerospace projects. These projects are estimated to fuel the demand for smart motors in the region over the forecast period.

Regional Outlook of Smart Motors Market report includes the following geographic areas such as: North America, Europe, China, Japan, Southeast Asia, India and ROW.

This allows an understanding of the market and benefits from any lucrative opportunities that are available. Researchers have offered a comprehensive study of the existing market scenario while concentrating on the new business objectives. There is a detailed analysis of the change in customer requirements, customer preferences, and the vendor landscape of the overall market.

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Following are major Table of Content of Smart Motors Industry:

• Smart Motors Market Sales Overview.
• Smart Motors Market Sales Competition by Manufacturers.
• Smart Motors Market Sales Analysis by Region.
• Smart Motors Market Sales Analysis by Type.
• Smart Motors Market Analysis by Application.
• Smart Motors Market -Manufacturers Analysis.

What Are The Market Factors That Are Explained In The Report?

Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.

Analytical Tools: The Global Smart Motors Market Report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.

Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

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