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Induction Motor Market Set to Witness an Uptick | Research Dive
Induction Motor Market
The stator and rotor are the two essential parts of the motor. The stator is the stationary part which carries the overlapping windings. On the other hand, the rotor carries the main or field winding. The windings of the stator are equally displaced from each other by an angle of 120°.
Induction motors are basically known as AC electric motors. The rotor produces electric current to create torque which is obtained by electromagnetic induction by rotating the magnetic field by stator winding. Induction motors function at a high speed which is less than the rotating magnetic field speed. The rotating magnetic field helps the stator to create a movement in the rotor. It helps the stator to rotate the rotor.
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There is a difference in the movement time of the rotator and the moving current within the stator. The rotor never extends its speed beyond the magnetic field speed. Therefore, the induction motor can be made without having the electric current to the rotor. Basically, the induction motor is the motor where current is induced in the rotor from the rotating magnetic field of the stator.
An Outlook on the market growth
The coarse physical structure of the motor is anticipated to be a major influencing factor for the growth of the induction motor market. Robust in nature, the induction motors are suitable to be operated inany climatic conditions. Moreover, the absence of slip rings and brushes in the motor induction eliminates the chances of sparks, which makes the operation safe even in the most explosive working conditions. In addition, induction motors are cost effective, highly reliable and needs a comparatively low maintenance. These are another factors propelling the growth of the global induction motor market in the projected period.
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Recent Advances in the market
According to a recent report , the major players of the inductionmotor market includeSiemens AG, Baldor Electric Company, Emerson Electric Company,Kirloskar Electric Company, Schneider Electric SE, Regal Beloit Corporation, Marathon Electric, ABB Ltd.,and Regal Beloit Corporation among others.
These market players are adopting several strategies including new technology, new product launches, current technology upgradation, and merger and acquisition to gain the highest induction motor market size.
Here’s a few vignettes:
In May 2017, Johnson Electrics announced the launch of new production line in order to serve the industrial line in Argentina.
Oriental Motor USA introduced their latest high efficiency three-phase AC induction motors equipped with a terminal box and a high strength right-angle hypoid gearhead. Launched in May, 2019, these new three-phase motors have the capacity of two new wattages of 30W and 40W and expands the KIIS Series Standard AC motors product line-up.
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About Us
Research Dive is a market research firm based in Pune, India. Maintaining the integrity and authenticity of the services, the firm provides the services that are solely based on its exclusive data model, compelled by the 360-degree research methodology, which guarantees comprehensive and accurate analysis. With an unprecedented access to several paid data resources, team of expert researchers, and strict work ethic, the firm offers insights that are extremely precise and reliable. Scrutinizing relevant news releases, government publications, decades of trade data, and technical & white papers, Research dive deliver the required services to its clients well within the required timeframe. Its expertise is focused on examining niche markets, targeting its major driving factors, and spotting threatening hindrances. Complementarily, it also has a seamless collaboration with the major industry aficionado that further offers its research an edge.
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