Energy Efficient Motor Market a comprehensive study by key players- ABB, Siemens, WEG and Others.

According to Market Study Report, Energy Efficient Motor Market provides a comprehensive analysis of the Energy Efficient Motor Market segments, including their dynamics, size, growth, regulatory requirements, competitive landscape, and emerging opportunities of global industry.

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The Energy Efficient Motor Market is expected to reach USD 41.57 billion by 2023 from USD 30.34 billion in 2018, at a CAGR of 6.5% between 2018 and 2023. This report spread across 137 Pages, Profiling 15 Companies and Supported with 72 Tables and 38 figures are now available in this research.

Top Key Players Profiled in the Energy Efficient Motor Market:
• ABB (Switzerland)
• Siemens (Germany)
• WEG (Brazil)
• GE (US)
• Schneider Electric (France)
• Nidec (Japan)
• Rockwell (US)
• CG (India)
• Bosch Rexroth (Germany)
• Kirloskar Electric (India)

AC motor is a type of electric motor that is driven by an alternating current (AC). An AC motor comprises an outside stator having coils supplied with alternating current to produce a rotating magnetic field and an inside rotor attached to the output shaft producing a second rotating magnetic field.

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The US, Canada, and Mexico are the major contributors to the North American energy efficient motor market. This region is a key market for energy efficient motors as some of the largest corporations, such as General Electric, Honeywell, Rockwell, and Regal Beloit, are based in this region.

Breakdown of primary participants’ profile:
• By Company Type: Tier 1 – 20%, Tier 2 –55%, and Tier 3 –25%
• By Designation: C-Level Executives –45%, Directors–30%, and Others–25%
• By Region: North America–45%, Europe–30%, APAC –20%, and RoW – 5%

Competitive Landscape of Energy Efficient Motor Market:
1 Introduction
2 Market Ranking Analysis of Energy Efficient Motor Market Players
3 Competitive Situations & Trends
3.1 Product Launches & Developments
3.2 Agreements, Partnerships, & Collaborations
3.3 Acquisitions
3.4 Expansions

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Research Coverage:
The research report covers the energy efficient motor market segmented on the basis of efficiency level, type, vertical, application, and geography. On the basis of efficiency level, the market has been segmented into IE4, IE3, IE2, and IE1. Based on type, the energy efficient motor market has been classified into AC motors and DC motors. The market has been segmented on the basis of application into HVAC, fans, pumps, compressors, refrigeration, material handling, and material processing.

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This release was published on openPR.