Press release
Global Motor Protection Systems Market Expected To Grow At CAGR Of 4.45% Between 2017-2021
The motor protection systems provide protection to motors and equipment connected to them, during electrical hazards. These electrical hazards can be a result of either a fault in electricals circuit or due to mechanical contamination in the environment. Motor protection systems are multifunctional systems that are used to safeguard motors against electrical, mechanical, and thermal fluctuations or faults. Products and services included in this report consist of sales and replacement of overload relays, vacuum contactors, motor protection circuit breakers (MPCBs), and combination starters. Motors used in commercial and residential segments are excluded from the scope of our report.
Technavios analysts forecast the global motor protection systems market to grow at a CAGR of 4.45% during the period 2017-2021.
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Covered in this report
The report covers the present scenario and the growth prospects of the global motor protection systems market for 2017-2021. To calculate the market size, the report considers the retail selling price as the average selling price of the product.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's report, Global Motor Protection Systems 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
ABB
Eaton
General Electric
Rockwell Automation
Schneider Electric
Other prominent vendors
Basler Electric
SEL
ASHIDA
Siemens
Emerson
Market driver
Rising use of electronic components in overload relays
For a full, detailed list, view our report
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Market challenge
Low-cost vendors in APAC
For a full, detailed list, view our report
Market trend
Rising use of IIoT for motor condition monitoring
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 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?
You can request one free hour of our analysts time when you purchase this market report. Details are provided within the report.
Table of Contents
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: MARKET LANDSCAPE
Market ecosystem
Market characteristics
Market segmentation analysis
PART 05: MARKET SIZING
Market definition
Market sizing 2016
Market size and forecast 2016-2021
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PART 06: FIVE FORCES ANALYSIS
PART 07: MARKET SEGMENTATION BY APPLICATION
Global motor protection systems market by application
Global motor protection systems market by low-voltage motors
Global motor protection systems market by medium-voltage motors
PART 08: MARKET SEGMENTATION BY PRODUCT
Global motor protection systems market by product
Comparison by product
Global motor protection systems market by combination starters
Global motor protection systems market by MPCBs
Global motor protection systems market by vacuum contactors
Global motor protection systems market by overload relays
Market opportunity by product
PART 09: CUSTOMER LANDSCAPE
PART 10: MARKET SEGMENTATION BY END-USER
Global motor protection systems market by end-user
Comparison by end-user
Global motor protection systems market by process industries
Global motor protection systems market by discrete industries
Market opportunity by end-user
PART 11: REGIONAL LANDSCAPE
Geographical segmentation
Regional comparison
APAC Market size and forecast 2016-2021
EMEA Market size and forecast 2016-2021
Americas Market size and forecast 2016-2021
Market opportunity
PART 12: DECISION FRAMEWORK
PART 13: DRIVERS AND CHALLENGES
Market drivers
Market challenges
PART 14: MARKET TRENDS
Rising use of IIoT for motor condition monitoring
Recent advances in motor protection
Increasing importance of predictive maintenance
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