Global Industrial Smart Motors Market Expected To Grow At A CAGR Of 6.22% Between The Period 2017 - 2021

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Motors with additional features such as a built-in microprocessor, quadrature encoder, and current monitor are industrial smart motors. Industrial smart motors can cater to complex operations in machineries and perform highly precise and multifaceted functions with IIoT integration. They can perform cautiously and with high-efficiency. They also do not render adverse effects in the environment. The growth of industrial automation has led to a significant rise in demand for industrial smart motors.

Technavios analysts forecast the global industrial smart motors market to grow at a CAGR of 6.22% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global industrial smart motors market for 2017-2021. To calculate the market size, the report considers a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

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

Technavio's report, Global Industrial Smart Motors Market 2017-2021, 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
HSD
Lenze
Moog
Servotronix Motion Control
TECHNOSOFT

To Get Sample Copy of Report visit @ http://www.researchmoz.us/enquiry.php?type=S&repid=1307177

Other prominent vendors
Bosch Rexroth
Delta Electronics
Festo Group
Fuji Electric
General Electric
MISUMI
MOONS'
Motion Control Products
NIDEC MOTORS & ACTUATORS
Olympus Controls
Rockwell Automation
Sastra Robotics
Schneider Electric
SMART ELECTRIC
SmartMotorDevices O
Sonceboz
Striatech

Market driver
Rise in demand for energy-efficient motors
For a full, detailed list, view our report

Market challenge
Higher cost of new smart motors over traditional motors
For a full, detailed list, view our report

Market trend
Development in communication connection in smartphones and PCs
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?

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