Press release
Smart Motors Market - Leading Players Resort to Dealmaking to Gain Competitive Edge
Smart motor is an intelligent, and programmable device able to adjust the frequency and voltage supply in order to alter the speed and torque of a motor. In traditional motors, mechanical elements are used to control the speed, torque, and position of a motor. However, smart motors use sophisticated power electronics to control motor as per the application requirement. Smart motor combines the functionality of motor, speed controlling device such as variable speed drives, and control unit providing integration of hardware, software to carry out a process efficiently and effectively.
Browse Market Research Report @ http://www.transparencymarketresearch.com/smart-motors-market.html
In addition, it provides smooth acceleration and deceleration to protect the system mechanics. Furthermore, it allows users to program start, stop, and speed of the motor rendering to the application requirements. In pumping system, smart motors are in wide use to improve the energy savings, reduced heat loss, and to control cooling water pumps. In applications such as conveyor systems, pressure sensors are used to measure the load on the conveyor and from sensor inputs smart motor controls the speed, start and stop actions of motor.
Smart Motors Market: Drivers and Restraints
Smart motor helps in reducing the energy consumption in applications where variety of load conditions are used in a process. Smart motors are capable of near field communication allowing to control motor in less safety processes. Smart motors have less maintenance cost as compare to traditional motors due to control units which monitors the performance of motors in a process such as production process, conveyor process, and other.
In addition, with the increasing requirement of adjustable speed in applications such as material handling, pumping systems, and fan systems are expected to drive the demand for smart motors. However, with variable frequency adjustments capability of smart motors might be potentially harmful to equipment and environment. Furthermore, smart motors require some additional spare parts/ components such as speed control device increasing overall cost of system. In addition, capital investment required for smart motors is more than traditional motors. These factors are expected to restrain the wide scale use of smart motors. The increasing use of smart-phone in industrial applications such as smart-phone controlled smart motor, and integration of internet of things in industrial processes is expected to provide opportunities for adoption on smart motors in forecast period.
Smart Motors Market: Segmentation
Smart motors market is segmented on the basis of component type, application, and geography. By component type, smart motors market is segmented into variable speed drive, intelligent motor control center, and motor. On the basis of applications, smart motors market is segmented into industrial/commercial, residential, consumer electronics, and automotive segment. Based on geography, smart motors market is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
Fill the form for an exclusive sample of this report @ http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=11867
North America and Europe region have seen increased demand for smart motors due to increasing adoption of smart-phones in industrial applications, and growing industrial, and automation in various industrial processes. However, Asia Pacific region is expected to have a large scale demand for smart motors due to growing industrial sector, and consumer electronics, and improving energy conservation in processes.
Smart Motors Market: Key Players
In the smart motors market, leading companies providing various types of smart solutions and devices includes Rockwell Automation, Inc., Fuji Electric Co. Ltd., General Electric Co., Schneider Electric SE, Lenze Group, MDC Vacuum Products LLC., ebm - papst Group, Siemens AG, Moog Animatics, Teknatool International Ltd., etc.
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments, geographies, types and applications.
Transparency Market Research (TMR) is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information.
Transparency Market Research
90 Sate Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Smart Motors Market - Leading Players Resort to Dealmaking to Gain Competitive Edge here
News-ID: 482212 • Views: …
More Releases from Transparency Market Research Technology
Vehicle Analytics Market to reach US$10,215.5 mn by 2025 | Key Companies are Agn …
Vehicle analytics can be categorized as solutions implemented on vehicles that helps to gain insights about the vehicles. Vehicle analytics’ application range from the farmers to large scale fleet operators as these help them with a number of benefits like increased safety, faster threat detection, vehicle tracking, and monitoring the driving behavior among others
The advancement in technologies and enhanced safety provided by vehicle analytics are expected to be major drivers…
System Integration Market - Segment which Held the Share of 28.2% of the Total A …
The global system integration market was valued at USD 191.36 billion in 2013 and is expected to reach USD 377.59 billion by 2020, growing at a CAGR of 10.9% during the forecast period from 2014 to 2020. In terms of revenue, North America was the largest regional market for system integration which accounted for 33.0% of the total system integration market in 2013. Asia Pacific is expected to be the…
mHealth Services Market - Global Industry Size, Share, Growth, Trends and Foreca …
mHealth, a fast growing technology-driven service, is expected to change the way health services are delivered worldwide. It involves delivery of healthcare related services to end-users by medium of mobile phones (smartphones). Rising incidences of chronic diseases have elevated the need for accessibility of quality and low cost healthcare services for the masses. The situation has been further aggravated by the declining ratio of healthcare service providers to target population.…
Enterprise Video Content Management Market : Recent Industry Developments and Gr …
A fresh commerce and business study by Transparency Market Research (TMR) has observed that as small and medium enterprises (SMEs) mushroom across the world, the vendors who are ahead of the curve in the global enterprise video content management market will continue to find vast new opportunities, especially when they are willing to expand into the emerging economies in Asia Pacific. For instance, about a year ago, Panopto partnered with…
More Releases for Smart
Smart Cities Market is Expected to Witness CAGR of 17.3% by 2027 with Applicatio …
A smart city is an urban unit or area that uses various types of electronic Internet of Things (IoT) devices to collect data and then use the insights to manage resources, assets, and services effectively. Green building is a growing trend in the global smart cities market. Constructing eco-friendly infrastructure facilities can provide a sustainable environment in the cities. Moreover, governments are focused on constructing energy-efficient buildings, in order…
Internet of Things (IoT) Devices Market By Type (Computing Devices, Smart Media, …
On a global scale, the Internet of Things (IoT) Devices market is currently showing significant development. The innovative methods and market study have helped many of the major players Samsung Electronics, Apple, Lenovo, ASUS, Acer, Huawei, Coolpad, LG Electronics, Google, Panasonic, Microsoft, Brother Industries, Honeywell, Fitbit, Lenovo to carve a name for themselves in the competitive global market. The Internet of Things (IoT) Devices market is experiencing a massive growth…
Global Smart Cities Market by Component (Hardware, Software) by Application (Sma …
Global Smart Cities Market: Overview
The global smart cities market is expected to reach a mark of over USD 3000 billion by 2024, at a CAGR over 21% during the forecast period. Significant growth in next-generation technologies such as artificial intelligence AI, personalized healthcare, sustainable energy generation and robotics are driving the smart cities’ future. Moreover, the increase in residential preference towards the adoption of advanced information and communication technologies ICT…
Global Smart Infrastructure - A Smart Approach To Smart Cities In 2016
Slowly but surely we are beginning to see a transformation take place in many parts of the world, as governments and councils realise they need to take a holistic approach to future city-wide development. In Australia, for example, we see that Adelaide, Canberra, Newcastle, Lake Macquarie, Sydney, Ipswich and Sunshine Coast have all been identified as being among the leading smart cities. The Netherlands also has great examples of emerging…
Global Smart Infrastructure - A Smart Approach To Smart Cities In 2016
The global smart city transformation is underway
Slowly but surely we are beginning to see a transformation take place in many parts of the world, as governments and councils realise they need to take a holistic approach to future city-wide development. In Australia, for example, we see that Adelaide, Canberra, Newcastle, Lake Macquarie, Sydney, Ipswich and Sunshine Coast have all been identified as being among the leading smart cities. The Netherlands…
Smart Kitchen Appliances Market ( Smart Refrigerators, Smart Dishwashers, Smart …
The rising demand for smart kitchen appliances is linked to their premium design that offers better effectiveness and more comfort than their traditional counterparts. With energy efficiency at its core, the global market for smart kitchen appliances is expected to surge at a robust pace in the near future.In a report titled “Smart Kitchen Appliances Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2022,” Transparency…
