Global Induction Motor Market Size, Demand, Growth, Trends, Segmentation and Forecasts Research to 2027|AU Optronics Corp,Rockwell Collins Inc

The “Induction Motor Market” Size and Forecast to 2027, this report provides an analysis of the impact of the COVID19 epidemic on the key points influencing the growth of the market. In addition, Induction Motor market segments (by major players, types, applications, and major regions) outlook, company assessment, competitive scenario, trends, and forecast according to the coming years. The study of the report is carried out on the basis of a substantial research methodology, which enables analytical inspection of the global market by means of different segments in which the industry is also isolated in summary, an increase in the market size because of the different possibilities of perspectives. The report also gives a 360-degree view of the competitive landscape of industries. SWOT analysis has been used to understand the strengths, weaknesses, opportunities, and threats of companies. This will help businesses understand the threats and challenges they face.

The Induction Motor market is set to grow at a CAGR of 12.5% over the forecast period (2021-2027).

Market Overview:

An induction motor is an AC electric motor in which torque is produced by the reaction between a varying magnetic field generated in the stator and the current induced in the coils of the rotor. It is used in a majority of machinery, as it is more powerful and eco-friendly compared to the conventional motors in the market. Unique robustness makes it a suitable choice for the automotive and manufacturing applications, as it requires less maintenance. Its ability to work under varying climatic conditions is another major factor that is driving its demand.

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Top Players Analysed in the Report are:

AU Optronics Corp,Rockwell Collins Inc,Innolux Corporation,Dynamics Canada Ltd,Alpine Electronics,AND Garmin Ltd,Continental AG,Japan Display Inc,Japan Display Inc,Esterline technologies Corporation,Texas Instruments Inc,

Recent Development

April 2020 - Emerson completed the purchase of American Governor Company, a leader in technologies and services for hydroelectric turbine controls. Emerson may leverage American Governor's services and provide comprehensive solutions to its power customers, such as generating consistent hydropower to providing the industry’s leading control system for safe and efficient manage power operations.
January 2020 - Regal Beloit Corporation announced that it will debut three new models of SyMAX motor. The SyMAX motor line has expanded with the addition of three new 56 frame models, to include a ½ HP 1400 RPM motor, a ¾ HP 900 RPM motor, and a 2 HP 600 RPM motor to cater to the demand for a variable speed motor that could operate in a lower RPM for direct drive fan applications. They are designed for customers in agriculture, as the direct drive motor application can reduce on-site maintenance of the fans.

Market segment by type includes:

Single-phase Induction Motor

Three-phase Induction Motor

 Market Segment by Application can be split into:

Chemical industry

Logistics industry

Engineering and manufacturing industry

Others

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Regional Analysis:

Global Induction Motor Market is further classified on the basis of region as follows:

North America (United States, Canada), Market size, Y-O-Y Growth Market size, Y-O-Y growth & Opportunity Analysis, Future forecast & Opportunity Analysis

Latin America (Brazil, Mexico, Argentina, Rest of LATAM), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis

Europe (U.K., Germany, France, Italy, Spain, Hungary, BENELUX (Belgium, Netherlands, Luxembourg), NORDIC (Norway, Denmark, Sweden, Finland), Poland, Russia, Rest of Europe), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis

Asia-Pacific (China, India, Japan, South Korea, Malaysia, Indonesia, Taiwan, Hong Kong, Australia, New Zealand, Rest of Asia-Pacific), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis

Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis

Impact of COVID-19:

The COVID-19 pandemic is impacting markets and customer behaviour in a short period of time, having a significant impact on the economy and society. As offices, educational institutions and manufacturing facilities close indefinitely, large sports and events are postponed, and telecommuting and social distancing rules are enforced, businesses are increasingly looking for technology to help them overcome these difficult times. The COVID-19 pandemic is disrupting businesses around the world.

Table of Contents: Induction Motor Market

- Chapter 1: Overview of Induction Motor Market

- Chapter 2: Global Market Status and Forecast by Regions

- Chapter 3: Global Market Status and Forecast by Types

- Chapter 4: Global Market Status and Forecast by Downstream Industry

- Chapter 5: Market Driving Factor Analysis

- Chapter 6: Market Competition Status by Major Manufacturers

- Chapter 7: Major Manufacturers Introduction and Market Data

- Chapter 8: Upstream and Downstream Market Analysis

- Chapter 9: Cost and Gross Margin Analysis

- Chapter 10: Marketing Status Analysis

- Chapter 11: Market Report Conclusion

- Chapter 12: Research Methodology and Reference.

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