Asia-Pacific AC Electric Motor Market 2022 Competitive Insights and Outlook- ABB Ltd., Nidec Corporation, Siemens AG, Wolong Electric Group

Asia-Pacific AC Electric Motor Market 2022-2027 is a comprehensive report which provides a detailed overview of the major driver, opportunities, challenges, current market trends and strategies impacting the Global Asia-Pacific AC Electric Motor Market in conjunction with calculation and forecast of size, share, and growth rate analysis. Combining the analysis capabilities and knowledge integration with the relevant findings, the report has foretold the robust future growth of the Asia-Pacific AC Electric Motor Market all told its geographical and merchandise segments.

Asia-Pacific AC Electric Motor market is expected to grow at 5.1% CAGR during the forecast period of 2022-2027.

The Global Asia-Pacific AC Electric Motor Market is highly competitive and consists of a number of major players. Companies like ABB Ltd., Nidec Corporation, Siemens AG, Wolong Electric Group, Regal Beloit Corporation, Weg SA, Toshiba Industrial Products and Systems Corporation, Teco Electric & Machinery Co., Ltd. among others.

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Key Developments:

- In April 2022, Wolong had launched the new series of TEFC motors, which are of reliable Schorch quality in a compact design. The innovative rib-cooled TEFC motor is created in the long tradition of the KA series. These newly developed motors have reduced motor weights, lower noise, and higher efficiencies, helping to minimize environmental impact related effects.
- In May 2022, Regal Beloit, a manufacturer of electric motors, announced the launch of Regal Perceptiv intelligence. ÒRegal Perceptiv intelligenceÓ is a new way of using and interacting with motor products and services. ÒPerceptiv intelligenceÓ is an interconnected smart, digital solution that can empower customers when engaging with the companyÕs products, to maximize plant production and equipment reliability.

Key Market Trends:

Low Voltage Segment is Expected to Grow at a Significant Rate Over the Forecast Period
- The industry standards for low voltage motors vary widely. Several manufacturers have different classifications of motors that are considered to be low voltage motors. However, according to the International Electro-technical CommissionÕs (IEC) IEC 600038 standard, any motor with a rating of up to 1000 V is considered a low voltage (LV) motor.
- Compared to other motors in the market, low voltage motors have a wide range of applications across multiple industries. Some of the primary usages of low voltage motors are the midstream and downstream oil and gas industry, water and wastewater industry, food and beverage industry, etc.

Oil & Gas Industry Segment is Expected to Hold a Significant Share Throughout the Forecast Period
- Motors are an integral part of the oil and gas industry, widely used in different elements such as drill rig and powering pumps in the refineries. These motors are made explosion-proof with improved efficiency to meet industry standards. With the increasing investment in oil and gas upstream and midstream sectors, the AC motor is expected to witness high growth over the forecast period.

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Key Highlights of this 2022-2027 Asia-Pacific AC Electric Motor Market Report:

-Market dynamics, Asia-Pacific AC Electric Motor Market economy manufacturing, opportunities on the total pricing of this top manufacturer and improvement trend analysis.

-Asia-Pacific AC Electric Motor Market industry players at the general regional industry and economy synopsis.

-Deep analysis of the most significant market players included by Worldwide Asia-Pacific AC Electric Motor Market study report.

-Understand more about the market plans that are increasingly now being adopted by leading Asia-Pacific AC Electric Motor Market businesses.

-Evaluation of this market character, namely market development drivers, essential challengers, inhibitors, and chances.

-Strategically profile the key players and comprehensively analyze their growth strategies.

Finally, Asia-Pacific AC Electric Motor Market report is the believable source for gaining the market research that will exponentially accelerate your business. The report gives the principle locale, economic situations with the item value, benefit, limit, generation, supply, request and market development rate and figure and so on. Automotive Actuators industry report additionally Present new task SWOT examination, speculation attainability investigation, and venture return investigation.

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