Industrial Motors Market Competitive Research And Precise Outlook 2022 To 2026: General Electric Company, ABB Ltd, Allen, Arc Systems Inc., Johnson Electric

The Industrial Motors Market provides a unique tool for evaluating the market highlighting opportunities, and supporting strategic and tactical decision-making. This report recognizes that in this rapidly-evolving and competitive environment, up-to-date marketing information is essential to monitor performance and make critical decisions for growth and profitability. It provides information on trends and developments, and focuses on markets capacities and on the changing structure of the Industrial Motors Market forecast 2026.              

The global industrial motors market was valued at USD 47.12 billion in 2020 and expected to reach USD 66.69 billion by 2026 and grow at a CAGR of 6.11% over the forecast period (2021 - 2026).

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The Industrial Motors market is highly competitive and consists of a number of major players. Companies like General Electric Company, ABB Ltd, Allen - Bradly Co. LLC (Rockwell Automation Inc.), Siemens AG, Amtek Inc., Arc Systems Inc., Johnson Electric, Emerson Electric Co., Toshiba International Corporation, Nidec Motor Corporation, Maxon Motor AG, Franklin Electric Co. Inc., Fuji Electric Co. Ltd, ATB Austria Antriebstechnik AG, Menzel Elektromotoren GmbH Amongst Others.

Key Developments:

- Wolong Electric Group Co. Ltd, China's largest electric motor producer, closed a deal to acquire General Electric Company's Small Industrial Motor (SIM) division for USD 160 million in an all-cash transaction in July of 2017.
- ABB launched its Food Safe Stainless Steel Motors designing for food safety. The product line spans single and three phase ratings in foot-mounted and footless configurations, providing ultimate flexibility for OEMs and end users to choose the right product for their equipment and applications December 2017.
- Rockwell Automaton added five new members to its machine safety system integrator program. Created in 2014, the program helped industrial companies identify system integrators with current safety standards expertise and a proven track record in designing safety systems in August 2018.

Market Segmentation:

Segment by Type
DC
AC
Segment by Application
Oil and Gas
Power Generation
Mining and Metal
Industrial Machinery
Others

Key Market Trends:

High Voltage has Significant Share in the market

High voltage (HV) motors are the rational choice for a multitude of industries, such as oil and gas, petrochemical, water and wastewater, pulp and paper, electric utility, steel, marine, mining, and air separation. According to IEC 600038 standard, an electrical motor with the operating voltage over 35 kV is considered as an HV motor.
High voltage motors are in general considered as custom engineered products. They form the part of a custom engineered family of industrial electric motors because each motor is engineered individually and is made-to-order to client specific requirements. These motors do not fall under the segment of common commodity business rules, such as business-to-customer (B2C) products.

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What are the market factors that are explained in the report?

-Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a regional scale.

-Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

-Analytical Tools:  Industrial Motors Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter's five forces analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.

Frequently asked questions by our customers:

-What are the drivers governing the growth of the market?

-What is the annual growth rate of the Industrial Motors market?

-What is the impact of Covid-19 on the market?

Finally, Industrial Motors Market report is the believable source for gaining the Market research that will exponentially accelerate your business. The report gives the principal locale, economic situations with the item value, benefit, limit, generation, supply, request and Market development rate and figure and so on. This report additionally Present new task SWOT examination, speculation attainability investigation, and venture return investigation.

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