Motor Space Heater Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2022

MarketResearchNest.com adds “Global Motor Space Heater Market 2017-2021” new report to its research database. The report spread across 79 pages with table and figures in it.
Research analysts forecast the global motor space heater market to grow at a CAGR of 6.04% during the period 2017-2021.

About Motor Space Heater
Motor space heaters are devices that help prevent condensation in electric motors by creating an ambient temperature of 50°F. These devices activate when motors are in idle condition. The global electric motors market is witnessing high growth primarily because electric motors have positioned themselves as an essential to several residential and industrial applications. They form an integral component in the manufacturing of heating, ventilating, and cooling (HVAC) equipment and residential appliances. Increasing use of electric motors in compressors, fans, pumps, and HVAC has been on the rise. Since compressors, fans, and pumps are used in a majority of industrial facilities, their demand drives the demand for electric motors. When the motors are idle, there are chances of condensation, which could damage the motors. Motor space heater helps in preventing condensation by maintaining a consistent temperature of around 50°F. Due to this, the demand for motor space heaters is increasing as they help prevent condensation and consequent damage to the motors. Any damage to the motor could affect the operation of the facility and create downtime, which will affect the production as well.

Covered in this report
The report covers the present scenario and the growth prospects of the global motor space heater market for 2017-2021. To calculate the market size, the report considers the retail selling price is considered as the average selling price of the product.

Browse full table of contents and data tables at https://www.marketresearchnest.com/global-motor-space-heater-market-2017-2021.html

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

Technavio's report, Global Motor Space Heater 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.

Technavio recognizes the following companies as the key players in the global motor space heater market: ABB, Jenkins, OMEGA Engineering, Siemens, and SINOMAS.

Other Prominent Vendors in the market are: BARTEC, Electro – Flex, Ghanacon Products, Gulf Electroquip, Hilkar, L&S Electric, Nidec motors, and SIMEL.

Commenting on the report, an analyst from Research team said: “The latest trend gaining momentum in the market is Growing importance of automation. Many manufacturing and industrial facilities across the world are investing in automation to improve their plant efficiency and reduce operational cost. Electricity consumption, in most industrial facilities, accounts for the majority of the operational cost; thus, it is imperative to reduce energy consumption to make significant cost savings. Automation solutions are proven to reduce energy consumption, and many end-user industries are upgrading their existing facilities to implement varying levels of automation. This has become a trend and is expected to continue over the forecast period.

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According to the report, one of the major drivers for this market is Enhanced life cycle of motors. Motors find application in different areas, and so are an essential part of every industry. If the surrounding temperature falls below the dew point, condensation will occur within the motor interior, which can damage the insulation material and machined surface of the motor. Thus, the motor’s interior needs to be kept warm and above condensation temperature, especially in applications where the motor remains idle for long periods of time or in industrial environments where humidity levels are higher than 95%. Motor space heater heats up the motor interior to maintain an ambient temperature of around 10°C. By keeping ambient temperature in motors high, a motor space heater prevents damage due to condensation, thus extending the effective motor life.

Further, the report states that one of the major factors hindering the growth of this market is Increase in use of trickle voltage heating method. Trickle voltage heating is a single-phase-low-voltage heating method that can be installed in the motor field without the need for structural modification. This method allows maintaining 10% to 20% of the nameplate voltage within the motor winding even after shutdown. The voltage retained will raise the temperature by approximately 10°C, thereby preventing condensation in motor interior. The benefits of trickle voltage heating method are driving its popularity of use, thus posing a strong threat to the global motor space heater market.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

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