openPR Logo
Press release

6 Key Insights on Industrial Motor Market for Forecast Period 2017 - 2026

12-20-2017 09:01 AM CET | IT, New Media & Software

Press release from: Fact.MR

Fact.MR

Fact.MR

Expansion of industries with increasing production around the world is resulting in the growth of industrial motor. Moreover, increasing cost of electricity is leading towards the rising demand for energy efficient and cost-effective industrial motor. Hence, manufacturers are focusing on developing industrial motor with a new design and lightweight to make it easy to use across various industries. Increasing awareness regarding the depletion of water resources and growing need for water recycling is also contributing towards the growth of industrial motor market. Manufacturers are also moving towards integrating smart sensors in the industrial motor to reduce downtime and extend the lifetime along with the low energy consumption. Manufacturers are also focusing on the control system for industrial motor that helps in reducing the energy consumption.

Click Here For Sample Report @ https://www.factmr.com/connectus/sample?flag=S&rep_id=355

According to the report compiled by Fact.MR, the global industrial motor market is expected to witness sluggish growth. The market is estimated to increase to 3.4% CAGR during the forecast period 2017-2026. By the end of 2026, the global industrial motor market is estimated to reach US$ 14,959.1 million revenue. Converting electrical energy into mechanical energy, industrial motor is used in manufacturing units. Improving standards in design and efficiency are driving manufacturers to develop and design new industrial motor that can reduce energy consumption and offer efficiency. Following are the insights on how the global industrial motor market will perform during the forecast period.

6 Forecast Highlights on Global Industrial Motor Market

1. Asia Pacific Excluding Japan (APEJ) is expected to be the largest region in the global industrial motor market during the forecast period 2017-2026. Owing to the rapid infrastructure development and industrialization in the countries such as India and China, APEJ is anticipated to witness the growth.

2. North America and Europe are also expected to witness the growth in the global industrial motor market. New oil reserves in North America is driving the demand for industrial motor in oil and gas industry. Also, stringent government regulation in the region for saving energy and electricity is driving the demand for energy-efficient industrial motor.

3. IE2 industrial motor is expected to witness the highest growth in the global industrial motor market. By the end of 2026, IE2 is estimated to surpass US$ 4,800 million revenue.

4. Pumps and Fans are expected to account for nearly half of the revenue share by the end of 2017. Pumps and fans are estimated to surpass US$ 7,600 million revenue by the end of 2026.

5. Among various motors, DC Brushless is expected to be the largest type of industrial motor. Between 2017 and 2026, DC Brushless motor is estimated to surpass US$ 1,900 million incremental opportunity.

6. Commercial HVAC is expected to emerge as the biggest end user in the global industrial motor market. Commercial HVAC is anticipated to surpass US$ 4,400 million revenue towards the end of 2026.

Browse Full Report with TOC @ https://www.factmr.com/report/355/industrial-motor-market

The report also offers detailed analysis of the leading market players in the global market for industrial motor. These players are expected to remain active through 2026. These include companies such as ABB Limited, Siemens Aktiengesellschaft, WEG SA, TECO Electric & Machinery Co., Ltd., Toshiba Corporation, Hyosung Corporation, Nidec Corporation, Regal Beloit Corporation, CG Power and Industrial Solutions Limited, and Shandong Huali Electric Motor Group Co. Ltd.

Check Discount @ https://www.factmr.com/connectus/sample?flag=D&rep_id=355

About Fact.MR

Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

Contact Us

Fact.MR
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Email: sales@factmr.com
Web: https://www.factmr.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 6 Key Insights on Industrial Motor Market for Forecast Period 2017 - 2026 here

News-ID: 868987 • Views: 147

More Releases from Fact.MR

Mini LED Market to Expand 7.5X by 2030, Finds New Study by Fact.MR
In recent years, increasing popularity of OLED TVs in China and India has been significantly influencing growth of the mini LED market. With an increase in disposable income of a majority of the population in these countries, the inclination towards smart screens with higher lifespan and better performance is expected to open up numerous growth opportunities for the mini LED market. Moreover, aspiring and affluent households have increased their spending
Uncertainty Surrounding COVID-19 to Shave-off Growth in Electrical Steel Market …
The global electrical steel market has utilized the opportunities in the market over the last decade with sales of electrical steel pegged at US$ 20.4 Bn in 2019. However, sales are set to plummet during in the middle two quarters of 2020 owing to COVID-19. In addition, several automakers have shuttered their production units, causing incalculable loss to the electrical steel market in 2020. However, the demand of electrical steel
07-02-2020 | Health & Medicine
Fact.MR
Medical Device Contract Manufacturing Market Set for Strong Growth, Production F …
The medical device contract manufacturing market is poised to expand at a CAGR of 11.3% during the forecast period (2020-2026). This is attributed to rapidly evolving healthcare industry and increasing adoption of technologically advanced surgical procedures. A number of original equipment manufacturers (OEMs) and contract manufacturers have been focusing on advanced technologies such as robotics, 3D-printing, and minimally invasive surgeries. Mergers & acquisition activities among leading players have greatly accelerated
06-02-2020 | Health & Medicine
Fact.MR
Fluid Management Market Expected to Grow Amid Covid-19, Finds Fact.MR
Growing prevalence of chronic disease and an expansion in numbers of geriatric population is leading to an upward facing growth curve for global fluid management market over the period of 2020 to 2025, states Fact.MR. It projects a compound annual growth rate or CAGR of about 5.3% for the market over this period, helping the market push its worth up significantly. It is significant to note here that while number of

All 5 Releases


More Releases for Corporation

Global Gaming Market 2018 - Microsoft Corporation, Nintendo Co., Ltd., Rovio Ent …
The global Gaming market research report 2019 -2023 proposes a thorough analysis of the Gaming market globally. The market analysis considerably focuses on providing data to the consumers related to the three major segments, which include the growth rate of the market, the size of the market, and industrial-chain analysis. The Gaming market report provides a wide-range of Gaming market segmentation Console , Mobile , Computer , , . Get Request
Enterprise Content Management Market Trend to 2025: IBM Corporation, Oracle Corp …
Enterprise Content Management Market to 2025 - Global Analysis and Forecasts by Product, Deployment Type, Organization Type, Verticals The report aims to provide an overview of Global Enterprise Content Management Market along with detailed segmentation of market by product, organization type, deployment type, vertical and five major geographical regions. Global Enterprise Content Management market is expected to witness growth during the forecast period due to exponential growth in the data and
Blockchain Market Covers Leading Manufacturer IBM Corporation, Microsoft Corpora …
Blockchain technology is a decentralized software program that enables protected digital transactions of digital currencies such as Bitcoin. Download PDF To explore detail study @ https://www.coherentmarketinsights.com/insight/request-pdf/1113 "Applications Of Blockchain Market" Blockchain permits applicants to authenticate and review transactions. Blockchain-based transactions of value can be completed in faster way, more safely, and economically than conventional transaction systems. Rising popularity of these ledger chains has led to a significant increase in total capital
Telecom Analytics 2018 Global Key Players – EMC Corporation, Oracle Corporatio …
Telecom Analytics Market 2018 Wiseguyreports.Com Adds “Telecom Analytics – Global Market Demand, Growth, Opportunities, Manufacturers, Analysis of Top Key Players and Forecast to 2023” To Its Research Database. Description:  This report mainly introduces volume and value market share by players, by regions, by product type, by consumers and also their price change details. As a Detailed Analysis report, it covers all details inside analysis and opinion in Telecom Analytics industry. This report splits Telecom Analytics market
Cloud Backup Market Key Players - Microsoft Corporation, Oracle Corporation, IBM …
Market Highlights: The Global Cloud Backup Market is growing with the rapid pace; mainly due to the increasing demand for low cost and reliable storage facility. According to a recent study report published by the Market Research Future, the global market of cloud backup is growing rapidly and expected to gain prominence over the forecast period. The market is projected to demonstrate a remarkable growth by 2023, beating its previous
Global Smart Hospitality System Market 2017 : Mitel Networks Corporation, NEC Co …
Smart Hospitality System A market study based on the " Smart Hospitality System Market " across the globe, recently added to the repository of Market Research, is titled ‘Global Smart Hospitality System Market 2017’. The research report analyses the historical as well as present performance of the worldwide Smart Hospitality System industry, and makes predictions on the future status of Smart Hospitality System market on the basis of this analysis. Get Free