Electric Engine Market Is Set To Experience Terrific Growth | GE, YASA Limited, ABB, Arc Systems Inc, Brook Crompton UK Ltd, DENSO Corporation.
Global electric engine market is set to witness a substantial CAGR of 5.82% in the forecast period of 2019-2026. Increasing demand for superior machine control in automotive industry and rising concern to reduce energy consumption and pollution are the factor for the growth of this market.
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Rapid urbanization and industrialization will drive market
Increasing adoption of motor driven electric vehicle will also propel the growth
Rising disposable income will also drive market
Growing demand from industrial and electrical sector will also contribute as a factor for the market
High cost of the engine will restrain the market
Lack of awareness about the benefits of smart motors will also hinder growth
Competitive Landscape and Electric Engine Market Share Analysis
Electric Engine market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to Electric Engine market.
By Motor Type (Alternate Current (AC) Motor, Direct Current (DC) Motor, Hermetic Motor), Output Power (Integral Horsepower Output, Fractional Horsepower Output), Voltage Range (9V & Below, 10-20V, 21-60V, 60V & Above), Application (Industrial Machinery, Motor Vehicles, Heating, ventilating, and cooling (HVAC) equipment, Aerospace & transportation, Household appliances, Other Commercial Application), Speed (Low-Speed Electric Motors, Medium-Speed Electric Motors, High-Speed Electric Motors, Ultrahigh-Speed Electric Motors), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa
Few of the major competitors currently working in global electric engine market are
Arc Systems Inc,
Brook Crompton UK Ltd,
Zytek Group Limited,
Magneti Marelli S.p.A,
Johnson Electric Holdings Limited,
Brose Fahrzeugteile GmbH & Co. KG,
Kisankraft and others
Global Electric Engine Market Methodology
Data Bridge Market Research presents, all the information, statistics and data included in this Electric Engine report is gathered from the truthful sources such as websites, newspapers, journals, white papers, mergers, and annual reports of the companies. To succeed in this competitive market place, market research report plays a very important role by offering important and consequential market insights for your business.
This involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. Triangulation is one method used while reviewing, synthesizing and interpreting field data. Data triangulation has been advocated as a methodological technique not only to enhance the validity of the research findings but also to achieve 'completeness' and 'confirmation' of data using multiple methods
Set of qualitative information that includes PESTEL Analysis, PORTER Five Forces Model, Value Chain Analysis and Macro Economic factors, Regulatory Framework along with Industry Background and Overview
Key Developments in the Market:
In December 2017, Schaeffler announced that they have acquired the remaining 49% of the company compact dynamics. This acquisition is the part of the company's new strategy Mobility for tomorrow and will also help the company to expand their product portfolio. With the new technologies, the company will be able to create more effective products for their customer
In January 2017, Nidec Corporation announced the acquisition of Emerson Electric Co, so that they can expand their commercial and industrial business. The company will be able to combine the technologies of both the company and will create products to meet the need and requirement of the both the customers. This will enhance their product portfolio and strengthen their position in the market
TABLE OF CONTENTS
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview and Industry Trends
6 Electric Engine Market, By Type
7 Electric Engine Market, By Organization Size
8 Electric Engine Market Analysis, By Region
9 Competitive Landscape
10 Company Profiles
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