Induction Motor Market To Witness the Highest Growth Globally in Coming Years 2021-2027 |ABB, Emerson, GE, TECO, Regal-Beloit, Nidec, Siemens

Global Induction Motor Sales Market Report 2021

The Induction Motor Market Report 2021-2027 provides global market size, regional and national level market size, market segment growth, market share, competitive landscape, sales analysis, influence of domestic and global market participants, and value chain Detailed analysis of optimization, trade regulations, latest developments, opportunity analysis, strategic market growth analysis, product launches, regional market expansion and technological innovation.

Induction Motor Market refers to the protection of the economy’s assets, systems and networks, including communications, emergency services, energy, finance, food, government and public services, from threats and damage, which is essential for the operation of the country.

In accordance with the Induction Motor Market is set to grow at a CAGR of 13.23 % over the forecast period (2021-2027).

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MARKET OVERVIEW

The global induction motor market is driven by technological advancement. This trend is projected to offer significant growth opportunities to companies that are operating in the global induction motor market. One of the new technologies that are gaining traction in the global induction motor market is called copper rotor induction motor. This motor serves as a strong alternative to the permanent magnet motor used in electric vehicles.

The research report offers a detailed analysis of the technologies available in the global induction motor market as well as the upcoming ones. Furthermore, the major technological milestones are also mentioned in the study. Broadly, the global induction motor market is segmented on the basis of type, product, application, end use, and geography.

Leading companies in the global Induction Motor market.

ABB, Emerson, GE, TECO, Regal-Beloit, Nidec, Siemens, Tatung, Hitachi, WEG, Bosch Rexroth, SEW-Eurodrive, Cummins, YASKAWA, Toshiba, VEM, NORD, Landert, ABM Greiffenberger, SPG, Brook Crompton, Sterling Electric, Wolong, XEMC, JLEM, Huali Group, Jiangte, WNM, Ydmotor, Dazhong

INDUSTRY NEWS

ABB has acquired 40 companies, including 8 in the last 5 years. A total of 12 acquisitions came from private equity firms. It has also divested 6 assets.

ABB’s largest acquisition to date was in 2010, when it acquired Baldor Electric for $4.2B. It’s largest disclosed sale occurred in 2021, when it sold ABB - DODGE Mechanical Power Transmission Business to RBC Bearings for $2.9B. ABB has acquired in 8 different US states, and 16 countries. The Company’s most targeted sectors include electrical equipment (39%) and technology hardware (17%).

The report based on the type of Induction Motor  market is broken down:

Single-phase Induction Motor

Three-phase Induction Motor

On the basis of segmentation by application, the key Induction Motor  market can be subdivided into:

Chemical Industry

Logistics Industry

Engineering and Manufacturing Industry

Others

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

REGIONAL ANALYSIS

North America and Europe constitute the largest markets for induction motors in terms of consumption, production, and exports. On the other hand, emerging economies such as Korea, Brazil, India, China, Thailand, and South Africa are presenting massive opportunities for global manufacturers.

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Highlights of the Induction Motor Market

Quantitative market information and forecasts of the global Induction Motor  Market industry by type, end use, and geographic region.

Expert analysis of key technology, demographic, economic and regulatory factors that will promote the development of Induction Motor Market until 2027.
Market opportunities and new investment proposals.
Growth prospects among emerging countries by 2027.

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The report provides a summary of the important functions and key Induction Motor market:

Detailed Induction Motor market overview
The report provides a precise analysis of changing competitive dynamics.
In-depth market segmentation by type, application, etc.
Historical, current and projected market size in terms of volume and value.
Recent industry trends and developments.
The competitive landscape of the cyber security market for key Induction Motor .
Key players and product strategy.
Potential and segmented markets/regions are showing considerable growth.

Finally, the key Induction Motor market report is a reliable source of market research that will accelerate your business exponentially. The report also proposes a new task SWOT review, speculative accessibility investigation and risk-reward investigation.

We also provide customized reports based on specific customer requirements:

1- Country/region analysis of any 5 countries/regions you choose.

2- Competitive analysis of any 5 major market participants.

3 to 40 analyst hours, covering all other data points

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This release was published on openPR.