Global Motors and Drives Market in Discrete Industries 2016-2020

About Motors and Drives

Motors and drives are primarily used for moving and controlling an equipment or system in a commercial and industrial set-up. In discrete industries, motors and drives powering mechanical equipment accounted for more than 60% of the total electrical energy consumed in 2015. In an industrial set-up, the power consumed by the motors accounts for 95% of the total expense. Therefore, manufacturing plants need to invest on more efficient motors and drives to sustain in the long run.

Technavios analysts forecast the global motors and drives market in discrete industries to grow at a CAGR of 11.06% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the global motors and drives market in discrete industries for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of motors and drives.

The market is divided into the following segments based on geography:
Americas
APAC
EMEA

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Technavio's report, Global Motors and Drives Market in Discrete Industries 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
ABB
Danfoss
Rockwell Automation
Siemens
WEG

Market driver
Enforcement of motor efficiency legislation
For a full, detailed list, view our report

Market challenge
Need to comply with regulations
For a full, detailed list, view our report

Market trend
Development of customized motors
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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