- November 16, 2019
- Category: Electronics, Electronics Systems and Components
Global Induction motor Market Size study, by type (Single Phase Induction Motor, Three Phase Induction Motor), by application (Residential, Industrial, Commercial) and Regional Forecasts 2019-2026
Chapter 1. Executive Summary 1.1. Market Snapshot 1.2. Global & Segmental Market Estimates & Forecasts, 2017-2026 (USD Billion) 1.2.1. Induction motor Market, by Region, 2017-2026 (USD Billion) 1.2.2. Induction motor Market, by Type, 2017-2026 (USD Billion) 1.2.3. Induction motor Market, by Application, 2017-2026 (USD Billion) 1.3. Key Trends 1.4. Estimation Methodology 1.5. Research Assumption Chapter 2. Global Induction motor Market Definition and Scope 2.1. Objective of the Study 2.2. Market Definition & Scope 2.2.1. Scope of the Study 2.2.2. Industry Evolution 2.3. Years Considered for the Study 2.4. Currency Conversion Rates Chapter 3. Global Induction motor Market Dynamics 3.1. Induction motor Market Impact Analysis (2018-2026) 3.1.1. Market Drivers 3.1.2. Market Challenges 3.1.3. Market Opportunities Chapter 4. Global Induction motor Market: Industry Analysis 4.1. Porter’s 5 Force Model 4.1.1. Bargaining Power of Suppliers 4.1.2. Bargaining Power of Buyers 4.1.3. Threat of New Entrants 4.1.4. Threat of Substitutes 4.1.5. Competitive Rivalry 4.1.6. Futuristic Approach to Porter’s 5 Force Model (2016-2026) 4.2. PEST Analysis 4.2.1. Political 4.2.2. Economical 4.2.3. Social 4.2.4. Technological 4.3. Investment Adoption Model 4.4. Analyst Recommendation & Conclusion Chapter 5. Global Induction motor Market, by Type 5.1. Market Snapshot 5.2. Global Induction motor Market by Type, Performance - Potential Analysis 5.3. Global Induction motor Market Estimates & Forecasts by Type 2016-2026 (USD Billion) 5.4. Induction motor Market, Sub Segment Analysis 5.4.1. Single-Phase 5.4.2. Three-Phase Chapter 6. Global Induction motor Market, by Application 6.1. Market Snapshot 6.2. Global Induction motor Market by Application, Performance - Potential Analysis 6.3. Global Induction motor Market Estimates & Forecasts by Application 2016-2026 (USD Billion) 6.4. Induction motor Market, Sub Segment Analysis 6.4.1. Residential 6.4.2. Industrial 6.4.3. Commercial Chapter 7. Global Induction motor Market, Regional Analysis 7.1. Induction motor Market, Regional Market Snapshot 7.2. North America Induction motor Market 7.2.1. U.S. Induction motor Market 220.127.116.11. Type breakdown estimates & forecasts, 2016-2026 18.104.22.168. Application breakdown estimates & forecasts, 2016-2026 7.2.2. Canada Induction motor Market 7.3. Europe Induction motor Market Snapshot 7.3.1. U.K. Induction motor Market 7.3.2. Rest of Europe Induction motor Market 7.4. Asia-Pacific Induction motor Market Snapshot 7.4.1. China Induction motor Market 7.4.2. India Induction motor Market 7.4.3. Japan Induction motor Market 7.4.4. Rest of Asia Pacific Induction motor Market 7.5. Latin America Induction motor Market Snapshot 7.5.1. Brazil Induction motor Market 7.5.2. Mexico Induction motor Market 7.6. Rest of The World Induction motor Market Chapter 8. Competitive Intelligence 8.1. Top Market Strategies 8.2. Company Profiles 8.2.1. Nidec Motor Corporation 22.214.171.124. Key Information 126.96.36.199. Overview 188.8.131.52. Financial (Subject to Data Availability) 184.108.40.206. Product Summary 220.127.116.11. Recent Developments 8.2.2. ABB Ltd. 8.2.3. Siemens AG 8.2.4. WEG Electric Corp. 8.2.5. Emerson Electric Co. 8.2.6. Marathon Electric 8.2.7. Kirloskar electric company 8.2.8. Regal Beloit electric corporation 8.2.9. Schneider electric SE 8.2.10. Baldor electric company Chapter 9. Research Process 9.1. Research Process 9.1.1. Data Mining 9.1.2. Analysis 9.1.3. Market Estimation 9.1.4. Validation 9.1.5. Publishing 9.2. Research Attributes 9.3. Research Assumption
Global Induction motor Market is valued approximately at USD 11.92 billion in 2018 and is anticipated to grow with a healthy growth rate of more than 12.30% over the forecast period 2019-2026. Induction motors are used for motor and drive application thus have huge demand from different industry verticals such as automotive, oil & gas, oil and others. Induction motors are energy-efficient motors that offer benefits over other motors such as synchronous motors. Induction motors are constructed with improved manufacturing technique and with superior material, induction motor have higher service factors, longer insulation and bearing life. Induction motors use copper for rotors in motors & pumps lead to improved performance and energy-efficient motors thus is most commonly used electric motors. Energy-efficient motors also have lower waste heat output and less vibrations that lead to increased reliability and efficiency. Copper Die-cast rotor technology in induction motors & pumps lead to energy-efficient motors. Induction motors are the highly common electrical motors utilized in most applications. Rising demand for electric vehicle, Technological advancement and Low maintenance as compared to other motors are key driving factors of the market growth. According to the International Energy Agency, total number of electric cars on the road across the globe reached more that 3 million units in 2017, with an expansion of more than 50% as compared to that in 2016. Various regions across the globe are witnessing growth in electric vehicle market. Further, growing industrial base in developing economy is expected to create significant growth opportunity in the market over the forecast period. However, highly fragmented market comprises of numerous small and large manufacturers who compete in terms of price and quality as a result, intensive rivalry is observed globally that is expected to restrain the market growth over the forecast period of 2019-2026.
The regional analysis of global Induction motor market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the growing adoption of induction motors in electric automobiles and in industries such as aerospace, automobile and defense sector. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2019-2026. Factors such as growing automotive industry, growing demand for energy efficient motor would create lucrative growth prospects for the Induction motor market across Asia-Pacific region.
Major market player included in this report are:
Nidec Motor Corporation
WEG Electric Corp.
Emerson Electric Co.
Kirloskar electric company
Regal Beloit electric corporation
Schneider electric SE
Baldor electric company
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
Single Phase Induction Motor
Three Phase Induction Motor
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2016, 2017
Base year – 2018
Forecast period – 2019 to 2026
Target Audience of the Global Induction motor Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Value-Added Resellers (VARs)
Third-party knowledge providers