Press release
Synchronous Electric Motor Market: Worldwide Industry Analysis and New Market Opportunities Explored
For purpose of in depth analysis, the synchronous electric motor market has been segmented on the basis of mounting type, voltage class, application and geography. Based on the mounting type, the market has been segmented into two types they are like horizontal mounting synchronous motor and vertical mounting synchronous motor.Based on the voltage class, the market has been segmented into two types they are likemedium voltage class synchronous motor and low voltage class synchronous motor. Various types of applications of synchronous electric motors include compressors, pumps, fans, conveyer belts, extruders and mixers among others. Moreover, this report also provide cross functional analysis of all the above mentioned segment across different regions such as Europe, North America, Asia Pacific, Middle East and Africa and Latin America.
Request A Sample Of This Report –https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=27128
Increasing demand for fans for the purpose of heating, ventilation and cooling system in building automation is acting as a major growth driver for the synchronous electric motor market. Rising demand of synchronous electric motor in agriculture and industrial sector and increase in government incentives are acting as a key growth drivers for this market. Therefore, the rising demand of electric motors for HVAC application is anticipated to increase the growth of synchronous electric motor market during the forecast period from 2017 to 2025. In addition, very high efficiency which is associated with the synchronous electric motors keeps it in an advantageous position in comparison to the induction motors in turn this is also anticipated to increase the demand of synchronous electric motors in coming years.
In spite of many driving factors, the synchronous electric motor marketis expected to show a very slow growth almost at a snail’s pace because of high initial cost of the electric motors. Less portability of the electric motor and standardization of policies in the emerging economies are restraining factors for the synchronous electric motor market. Reduced under loading, improved power quality and rewinding are few factors which are going to create significant opportunity for synchronous electric motor in coming years.Apart from that the growth of usage of energy efficient motors is also acting as an opportunity for the synchronous electric motor marketin the forecast period from 2017-2025.
View Report - https://www.transparencymarketresearch.com/synchronous-electric-motor-market.html
By application, the fans type held the largest market share because by using the synchronous electric motor, the speed of fan can be easily controlled through variable motor speed operation.Various application of the synchronous motor in heating and cooling unit has increased meaningfully in recent past, and this trend is expected to be continued in the coming future, due to its speed control property and enhanced electric system efficiency.
Geographically, the global synchronous electric motoris mainly driven by the Asia Pacific region. Growing demand of electric motors in the manufacturing industries and increasing awareness about the energy efficiency is driving the market of Asia Pacific region. Rising energy cost expected to drive the synchronous electric motorrapidly across various industries. This region is expected to maintain its dominance in the market during the forecast period owingto the presence of huge number of electric motor manufacturers in countries like China and India among others.
Some of the leading players operating in the synchronous electric motor market includes Rockwell Automation(The U.S.),General Electric (The U.S.), Emerson Electric (The U.S.),Nidec Corporation (Japan),Toshiba Corporation (Japan),ABB Limited (Switzerland),Siemens AG (Germany),WEG S.A. (Brazil), and Johnson Electric Holding Ltd. (Hong Kong) among others.
About US
Transparency Market Research (TMR) is a next-generation provider of syndicated research, customized research, and consulting services. TMR’s global and regional market intelligence coverage includes industries such as pharmaceutical, chemicals and materials, technology and media, food and beverages, and consumer goods, among others. Each TMR research report provides clients with a 360-degree view of the market with statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
We are customarily engaged by Fortune 500 companies to support their strategic business decisions such as:
Penetrating a new market
Identifying white spaces
Launching a new product/service
Tactical M&As
Satisfied Employees, Satisfied Clients
TMR’s analysts and consultants are distinguished experts in their respective domains. The company is based on an employee-centric model and hires the best, brightest, and most passionate people in the industry. This unparalleled expertise helps TMR uncover latest market intelligence data that’s distinct from the competition.
TMR is also a client-centric organization that endeavors to add value to the client’s business by delivering the most insightful research. TMR understands that every client has unique product/service offerings, statement, and criteria. Customized solutions from TMR are centered on the client’s problem statement. On the other hand, our syndicated research reports provide a packaged solution to keep enterprises abreast of the next major change in their industry.
Contact Us
Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
Tel: +1-518-618-1030
Email: sales@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 Synchronous Electric Motor Market: Worldwide Industry Analysis and New Market Opportunities Explored here
News-ID: 859439 • Views: …
More Releases from Transparency Market Research
Global Solar Powered Agricultural Dryer Market to Exceed USD 2.4 Billion by 2031 …
The global solar powered agricultural dryer market, valued at US$ 1.6 billion in 2022, is projected to grow at a CAGR of 5.8% from 2023 to 2031, reaching US$ 2.4 billion by the end of 2031. Rising investments in renewable energy, growing awareness of sustainable agricultural practices, and the rapid expansion of the agricultural sector driven by population growth are key factors fueling market growth.
Uncover essential discoveries and trends from…
Technetium-99m Market Forecast 2034: Rising Demand for Diagnostic Imaging and Ra …
The global Technetium‐99m Market was valued at US$ 6.0 Billion in 2023 and is projected to grow at a CAGR of 3.3% from 2024 to 2034, surpassing US$ 8.6 Billion by the end of the forecast period. Advancements in nuclear imaging infrastructure, government-backed healthcare initiatives, and an increasing demand for precise diagnostic procedures are fueling this growth.
Discover essential conclusions and data from our Report in this sample -
https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=77100
Analysts' Viewpoint
The Technetium‐99m…
Equine Diagnostic Services Market Outlook 2030: From US$ 168 Million in 2019 to …
The global Equine Diagnostic Services Market, valued at approximately US$ 168 million in 2019, is projected to expand at a compound annual growth rate (CAGR) of ~5% from 2020 to 2030, reaching around US$ 280 million by 2030. Equine diagnostic services, encompassing tests like genetic, infectious disease, and imaging diagnostics, are critical for managing horse health in veterinary hospitals, clinics, and mobile settings. The market is driven by increasing equine…
Digital Printing Market to Reach USD 54.4 Billion by 2034, Growing at a CAGR of …
The digital printing market is experiencing strong growth, driven by rapid technological advancements, rising demand for personalized and on-demand printing, and an increasing focus on sustainable solutions. Digital printing allows for the direct transfer of digital files onto a wide range of substrates, offering high-resolution output with greater speed and flexibility. Its adaptability has led to broad adoption across industries such as packaging, textiles, publishing, and advertising-sectors where customization, efficiency,…
More Releases for TMR
Cancer Diagnostics Market Reviews 2031 | TMR Study
According to a Transparency Market Research (TMR) research report, the global cancer diagnostics Market is likely to expand at a CAGR of 7.4% during the forecast period, 2022 to 2031. This suggests that the market is expected to reach US$ 335.7 Bn by the end of 2031.
The study on the cancer diagnostics Market adopts rigorous and systematic research approaches to understand the growth dynamic of the market. The authors have…
LED Work Light Market 2029 | TMR Research
LED Work Light Market: Overview
The LED work light market may gain good momentum in terms of growth across the forecast period of 2019-2029 due to the growing demand from residential segments and the overwhelming benefits it provides. These high-intensity light fixtures are mainly used by technicians to assist them in their work temporarily. The use of LED work lights is increasing among many end-users due to benefits like longevity, durability,…
Dissolved Gas Analyzer Market 2025 | TMR Research
Global Dissolved Gas Analyzer Market: Overview
The high electrical and thermal stress leads to decomposition of mineral oils used inside a power transformer. This in turn leads to generation of hydrogen (H2), carbon di-oxide (CO2), carbon mono-oxide (CO), methane (CH4), ethylene (C2H4), and acetylene (C2H2) among others. The formation of these gases depends upon the faults in the transformer.
To evaluate the nature of the gases and their potential threats, dissolved gas…
Tumblers Market 2028 | TMR Research
The tumblers market is expected to set growth straight with rising demand for new attractive designs for liquors including alcoholic, and non-alcoholic in emerging region of Asia pacific. The rising disposable income, increasing access to quality products, and new product launches customised to suit the taste of the region promise major growth for the tumblers market in near future.
Download Brochure of This Market Report at - https://www.tmrresearch.com/sample/sample?flag=B&rep_id=6200
Among regions, North America,…
Hyperloop Train Market 2025 | TMR Research
Global Hyperloop Train Market: Snapshot
The global market for hyperloop train is likely to exhibit high-speed expansion in the next few years. The demand for cheap and quick modes of transport that incur low base-costs and are built on easier-to-construct infrastructure, are immune to natural calamities such as earthquakes are the key factors expected to work in favor of the global hyperloop train market.
Request Sample Copy of the Report @ https://www.tmrresearch.com/sample/sample?flag=B&rep_id=2000
The…
Crowdsourced Security Market 2018 - 2028 | TMR Research
Crowdsourced Security Market: Overview
The global crowdsourced security market is expected develop at a healthy pace in the coming years of the forecast period of 2018 to 2028. The mobile phone application segment of the crowdsourced security market is expected to develop at a rapid pace in these coming years. The rate of adoption of these mobile application is growing at a great pace and is thus helping the market to…
