Press release
Industrial Motors Market| Trends, Share, Growth Rate, Opportunities and Industry Forecast 2022-2027 | IMARC Group
According to IMARC Group's latest report, titled "๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ข๐๐ฅ ๐๐จ๐ญ๐จ๐ซ๐ฌ ๐๐๐ซ๐ค๐๐ญ: ๐๐ป๐ฑ๐๐๐๐ฟ๐ ๐ง๐ฟ๐ฒ๐ป๐ฑ๐, ๐ฆ๐ต๐ฎ๐ฟ๐ฒ, ๐ฆ๐ถ๐๐ฒ, ๐๐ฟ๐ผ๐๐๐ต, ๐ข๐ฝ๐ฝ๐ผ๐ฟ๐๐๐ป๐ถ๐๐ ๐ฎ๐ป๐ฑ ๐๐ผ๐ฟ๐ฒ๐ฐ๐ฎ๐๐ ๐ฎ๐ฌ๐ฎ2-๐ฎ๐ฌ๐ฎ7",The global metaverse market is expected to exhibit a CAGR of 40.07% during 2022-2027.๐ฌ๐ฒ๐ฎ๐ฟ ๐๐ผ๐ป๐๐ถ๐ฑ๐ฒ๐ฟ๐ฒ๐ฑ ๐๐ผ ๐๐๐๐ถ๐บ๐ฎ๐๐ฒ ๐๐ต๐ฒ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ฆ๐ถ๐๐ฒ:
Base Year of the Analysis: 2021
Historical Period: 2016-2021
Forecast Period: 2022-2027
๐๐ผ๐๐ป๐น๐ผ๐ฎ๐ฑ ๐ณ๐ฟ๐ฒ๐ฒ ๐๐ฎ๐บ๐ฝ๐น๐ฒ ๐ฏ๐ฟ๐ผ๐ฐ๐ต๐๐ฟ๐ฒ@
https://www.imarcgroup.com/industrial-motors-market/requestsample
๐๐ฅ๐จ๐๐๐ฅ ๐ข๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ข๐๐ฅ ๐๐จ๐ญ๐จ๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ
An industrial motor relies on direct current (DC) sources like batteries and alternating current (AC) resources such as power grids, inverters, and power generators to convert electrical energy into mechanical energy. It is used in pumps, conveyors, turbines, blowers, compressors, turbines, movers, and industrial fans. It is available in high, medium, and low voltage types and provides various benefits, such as durability, enhanced operational efficiency, reduced maintenance cost, longer lifespan, high tolerance for fluctuating voltages, and low energy consumption. Owing to these benefits, industrial motors are utilized in mining and metals, chemicals, oil and gas manufacturing, and the food and beverage (F&B) industry across the globe.
๐ข๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ข๐๐ฅ ๐๐จ๐ญ๐จ๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ
The market is primarily driven by the growing application of industrial motors across various industrial verticals such as petrochemicals, packaging, logistics systems, water and wastewater management, and power generation industries. In addition, the escalating demand for electric motors in industrial processes and auxiliary systems such as ventilation, water pumping, and compressed air generation is contributing to the market growth.
Moreover, various improvements in the energy and utility sector, the expanding industrial internet of things (IIoT), and the emergence of industry 4.0 to reduce energy consumption, lower carbon dioxide (CO2) emissions, and ensure reliable power supply represents other major growth-inducing factors. Besides this, extensive research and development (R&D) activities conducted by key players to launch advanced industrial motors are also accelerating the product adoption rate. Furthermore, the increasing investment by governments of numerous countries for smart manufacturing projects and the surging need for water recycling owing to the depletion of water resources are providing a positive thrust to the global market.
๐๐ต๐ฒ๐ฐ๐ธ๐ผ๐๐ ๐ก๐ผ๐ @ https://www.imarcgroup.com/checkout?id=5850&method=1
๐ข๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ข๐๐ฅ ๐๐จ๐ญ๐จ๐ซ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐ฎ๐ฌ๐ฎ๐ฎ-๐ฎ๐ฌ๐ฎ๐ณ ๐๐ผ๐บ๐ฝ๐ฒ๐๐ถ๐๐ถ๐๐ฒ ๐๐ป๐ฎ๐น๐๐๐ถ๐ ๐ฎ๐ป๐ฑ ๐ฆ๐ฒ๐ด๐บ๐ฒ๐ป๐๐ฎ๐๐ถ๐ผ๐ป
๐๐ผ๐บ๐ฝ๐ฒ๐๐ถ๐๐ถ๐๐ฒ ๐๐ฎ๐ป๐ฑ๐๐ฐ๐ฎ๐ฝ๐ฒ ๐ช๐ถ๐๐ต ๐๐ฒ๐ ๐ฃ๐น๐ฎ๐๐ฒ๐ฟ๐:
ABB Ltd., Brook Crompton, Hitachi Ltd., Johnson Electric Holdings Limited, Menzel Elektromotoren GmbH, Nidec Corporation, Regal Rexnord Corporation, Rockwell Automation Inc., Siemens AG and Toshiba Corporation.
๐๐ฒ๐ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ฆ๐ฒ๐ด๐บ๐ฒ๐ป๐๐ฎ๐๐ถ๐ผ๐ป:
The report has segmented the industrial motors market on the basis of Type, Voltage, End User and Region.
๐๐ซ๐๐๐ค๐ฎ๐ฉ ๐๐ฒ ๐๐ฒ๐ฉ๐ ๐จ๐ ๐๐จ๐ญ๐จ๐ซ:
โข Alternating Current (AC) Motor
โข Direct Current (DC) Motor
โข Others
๐๐ซ๐๐๐ค๐ฎ๐ฉ ๐๐ฒ ๐๐จ๐ฅ๐ญ๐๐ ๐:
โข Low Voltage
โข Medium Voltage
โข High Voltage
๐๐ซ๐๐๐ค๐ฎ๐ฉ ๐๐ฒ ๐๐ง๐ ๐๐ฌ๐๐ซ:
โข Oil and Gas
โข Power Generation
โข Mining and Metals
โข Water and Wastewater Management
โข Chemicals and Petrochemicals
โข Discrete Manufacturing
โข Others
๐๐๐ธ ๐๐ป๐ฎ๐น๐๐๐ ๐ณ๐ผ๐ฟ ๐ญ๐ฌ% ๐ณ๐ฟ๐ฒ๐ฒ ๐ฐ๐๐๐๐ผ๐บ๐ถ๐๐ฒ๐ฑ ๐ฟ๐ฒ๐ฝ๐ผ๐ฟ๐@
https://www.imarcgroup.com/industrial-motors-market
๐๐ฒ๐ ๐๐ถ๐ด๐ต๐น๐ถ๐ด๐ต๐๐ ๐ผ๐ณ ๐๐ต๐ฒ ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐:
Market Performance (2016-2021)
Market Outlook (2022- 2027)
Porter's Five Forces Analysis
Market Drivers and Success Factors
SWOT Analysis
Value Chain
Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
๐๐ซ๐จ๐ฐ๐ฌ๐ ๐๐ญ๐ก๐๐ซ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ-
Internet of Things (IOT) in Healthcare Market Size 2023-2028-https://www.imarcgroup.com/internet-of-things-in-healthcare-market
Blockchain Identity Management Market Share 2022-2027-https://www.imarcgroup.com/blockchain-identity-management-market
Open Banking Market Research Report 2023-2028- https://www.imarcgroup.com/open-banking-market
Board Games Market Share 2022-2027-https://www.imarcgroup.com/board-games-market
Healthcare Claims Management Market Forecast 2022-2027-https://www.imarcgroup.com/healthcare-claims-management-market
๐๐จ๐ง๐ญ๐๐๐ญ ๐๐ฌ:
IMARC Services Private Limited.
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Sheridan, WY 82801 USA - Wyoming
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
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Asia: +91-120-433-0800, +91-120-433-0800
๐๐๐จ๐ฎ๐ญ ๐๐ฌ:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
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