AC Electric Motors Market is thriving worldwide with massive business trends 2020|| Future Plans and Industry Growth with High CAGR by Forecast 2026 | COVID-19 Impact||
The AC (alternating current) motor commonly consists of two basic parts, an inside rotor attached to the output shaft producing a second rotating magnetic field and an outside stator having coils supplied with alternating current to produce a rotating magnetic field. The global AC electric motors market was valued at US$ 100 billion in 2019 and is expected to reach US$ 511.2million in 2025. In terms of geography, the global AC electric motors market is divided into six regions, such as North America, Europe, Asia Pacific, Middle East, Africa, and South America.
Better living standard of consumers, mechanization, rising electrification, and automation in the industrial processes are expected to propel growth of the global AC electric motors market. Moreover, rising industrialization and technological innovations are aiding the growth in global ac electric motors market. For instance, in October 2019, ABB launched new AXR large AC motors that offers power dense, water cooled design for hazardous locations.
Get A Sample: https://www.worldwidemarketreports.com/sample/265107
Lack of awareness, fluctuating prices of raw materials, manufacturing disruptions, and malfunctioning performance are expected to hamper the global AC electric motors market growth.
Asia Pacific is expected to witness robust growth in the global AC electric motors market due to rising adoption of automation and technologies, especially in Japan, India, and China. Moreover, North America and Europe are also expected to witness substantial growth in the global AC electric motors market due to technological innovations in industrial automation in the region. For instance, in February 2018, ABB collaborated with the Baldor Electric as a part of its Next Level strategy, which includes harmonizing different ABB-owned brands under the global ABB master brand.
Major players operating in the global AC electric motors market are Siemens AG, ABB, Johnson Electric Holdings, Nidec, General Electric, Denso, Bosch Group, WEG, Rockwell Automation, Emerson Electric, Toshiba International, Hitachi, Regal Beloit, Ametek, ARC systems, Allied Motion Technologies, and Baldor Electric.
In October 2019, WEG planned to install a new low voltage electric motor plant in Hosur, India to produce up to 250,000 electric motors per year.
In January 2019, Allied Motion designed Globe FC and MC line of small-frame AC motors for mil-aero (mil-spec) applications.
• In-depth lookup and thorough assessment of the various contributing elements disclose that the global AC Electric Motors market is estimated to perform decently in the coming near years, achieving a complete valuation in 2020, and is in addition poised to register in 2027, developing at a healthful CAGR.
• This research report additionally incorporates massive statistics on a variety of market-specific segments, elaborating on phase categorization comprising type, application as nicely as end-user sections which successively impact rewarding business judgment.
In this part of the AC Electric Motors Market report, we will be taking a look at the geographical areas and the role they play in contributing to the growth of this line of business. The areas of interest in this document are as follows – The Middle East and Africa, South and North America, Europe, and The Asia Pacific. From the AC Electric Motors Market report, it becomes clear which region is the largest contributor.
The utility-owned segment is mainly being driven by increasing financial incentives and regulatory supports from the governments globally. The current utility-owned AC Electric Motors Market is affected primarily by the COVID-19 pandemic. Most of the projects in China, the US, Germany, and South Korea are delayed, and the companies are facing short-term operational issues due to supply chain constraints and lack of site access due to the COVID-19 outbreak. Asia-Pacific is anticipated to get highly affected by the spread of the COVID-19 due to the effect of the pandemic in China, Japan, and India.
Key questions answered through this analytical market research report include:
• What are the latest trends, new patterns, and technological advancements in the AC Electric Motors Market?
• Which factors are influencing the AC Electric Motors Market over the forecast period?
• What are the global challenges, threats, and risks in the AC Electric Motors Market?
• Which factors are propelling and restraining the AC Electric Motors Market?
• What are the demanding global regions of the AC Electric Motors Market?
• What will be the global market size over the coming future?
• What are the different effective business strategies followed by global companies?
If you have any custom requirements, please let us know and we will offer you the customized report as per your requirements.
Quick Buy: https://www.worldwidemarketreports.com/buy/265107
Worldwide Market Reports
Seattle, WA 98154,
Explore By: BJ
About Worldwide Market Reports:
The in-depth market analysis by some of the most vastly experienced analysts provide our diverse range of clients from across all industries with vital decision making insights to plan and align their market strategies in line with current market trends. Worldwide Market Reports’ well-researched inputs that encompass domains ranging from IT to healthcare enable our prized clients to capitalize upon key growth opportunities and shield against credible threats prevalent in the market in the current scenario and those expected in the near future
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release AC Electric Motors Market is thriving worldwide with massive business trends 2020|| Future Plans and Industry Growth with High CAGR by Forecast 2026 | COVID-19 Impact|| here
News-ID: 2202923 • Views: 185
More Releases from Worldwide Market Reports
Temperature Management Market To Attain A Valuation of Highest CAGR: 3M, BD, Str …
Patient temperature control can be described as solutions and product offerings, in which external sources such as devices, accessories, blankets, and others maintain the optimum temperature. Based on their functioning, these devices are differentiated as some retain the temperature by external cooling or freezing, some monitor blood through a machine, and other solution offerings. This procedure is often referred to as a heat transfer thermal control device to maintain the
Surgical Robots Market: the government of India announced a US$ 9.87 billion out …
A type of minimally invasive surgery that uses robotics to perform surgical procedures is robotic surgery. These robotic systems are operated by surgeons and consist of miniaturized surgical instruments placed on robotic arms, enabling surgeons to precisely conduct the operations. The combination of tools, accessories, and software is a surgical robot. In order to conduct surgical procedures, partial intervention or total reliance on specially built devices is involved. Advanced robotic
Latest Research on Smart Toilet Market, Can Upcoming Products bring benefit to …
Smart Toilet includes features such as UV lighting, automatic seat open and close function, UV bacterial killing light nozzle, Bluetooth connectivity, automatic flush, cleansing functions, anti-bacterial seat, hand dryers, and others. Smart toilet bidet functions can be managed through a mobile app, voice command, or remote control navigation, depending on the toilet's manufacturer, make, and model. Moreover, smart toilets help in the conservation of energy and water. The global Smart
Year 2020 was for Ventilator Manufacturers, Know about year 2021 | Key Players: …
Mechanical ventilation, forced air, or intermittent forced ventilation are the technical terms for mechanical ventilation in which mechanical means are employed to help replace or aid breathing in specific situations. As a medical terminology, mechanical ventilation is used to refer to any of the following situations: respiratory insufficiency, in particular chronic obstructive pulmonary disease (COPD), sleep apnea, asthma, and carotid artery disease. The global ventilators market is expected to grow
More Releases for Electric
Electric Motors vehicles
Electric Car Batteries- Reuse and Recycling: There are several advantages to operating an electric vehicle (EV). Electric Vehicles pump fewer CO2 into the environment and less noise pollution in communities. When competition pushes down battery costs, they are also becoming more available to middle- and low-income consumers and policymakers are adopting national and local policies aimed at promoting EV production. It is extremely relevant when it comes to their batteries, which usually
New Electric Wheelchair
The wheelchair is controlled by a motor. With safety light. Convenient to use at night. Freely adjusting the backrest angle is more comfortable for the user. The average driving speed is 1-6km/h. The marketplace was wholly developed by the Jiangsu Medwish Network Technology Co., Ltd., a private corporation based in Jiangsu, China. Through substantial previous international B2B e-commerce field experience, Jiangsu Medwish is dedicated to establishing a globally recognized framework and
Global Electric Truck Market
Global Electric Truck Market – Industry Analysis and Forecast (2018-2026) – by Electric, Truck, Application Type and Region. Global Electric Truck Market was valued at US$ XXX Mn in 2017 and is expected to reach US$ XXX Mn by 2026, at a CAGR of XX% during a forecast period. Major driving factors of the Electric Truck Market the trucking industry is in the stages of a technological changes, with a particular focus
India pushes Electric Vehicles
The Indian government’s recent tweaking of the licensing policy for Electric Vehicles (EV) promises to address the infrastructure obstacle holding back the sector. The setting up of EV charging stations by the government would no longer require a license from the Ministry, paving the way for the faster construction of these stations. Earlier this year, Ola – the cab firm – initiated ‘Mission: Electric’ with plans to put 10,000 electric auto-rickshaws and
Folding Electric Bicycle
In this report, the global Folding Electric Bicycle market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022. Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), market share and growth rate of Folding Electric Bicycle in these regions, from 2012 to 2022
Global Quartz Heat Lamps Market 2017 : Indu Electric Gerber, Schneider Electric, …
The Market Research Store report offers majority of the latest and newest industry data that covers the overall market situation along with future prospects for Quartz Heat Lamps market around the globe. The research study includes significant data and also forecasts of the global market which makes the research report a helpful resource for marketing people, analysts, industry executives, consultants, sales and product managers, and other people who are in