The switched reluctance motor (SRM) is a type of a stepper motor, an electric motor that runs by reluctance torque. Unlike common DC motor types, power is delivered to windings in the stator (case) rather than the rotor. This greatly simplifies mechanical design as power does not have to be delivered to a moving part, but it complicates the electrical design as some sort of switching system needs to be used to deliver power to the different windings. With modern electronic devices, precisely timed switching is not a problem, and the SRM is a popular design for modern stepper motors. Its main drawback is torque ripple.
Currently, there are many producing companies in the world. The main market players are Nidec Corporation, AMETEK, VS Technology, Shandong Kehui Power Automation etcs. The production value of Switched Reluctance Motors is about 422.0 Million USD in 2016.
North America is the largest consumption of Switched Reluctance Motors, with a sales market share nearly 31.3% in 2016.
The second place is Europe; following North America with the sales market share over 29.05%.. Asia Pacific is another important consumption market of Switched Reluctance Motors.
Switched Reluctance Motors used in industry including Automobile Industry, Appliance Industry, Industrial Machinery and Others. Report data showed that 22.95% of the Switched Reluctance Motors market demand in Automobile Industry, 19.43% in C Appliance Industry, and 39.28% in Industrial Machinery in 2016.
There are three kinds productions Constituting the Switched Reluctance Motors, which are <100 KW, 100-500 KW and >500 KW. <100 KW Switched Reluctance Motors are important in the Switched Reluctance Motors, with a production market share nearly 62.56% in 2016.
Briefly speaking, in the next few years, Switched Reluctance Motors industry will still be a relative steady industry. Sales of Switched Reluctance Motors have brought a lot of opportunities, there will more companies enter into this industry, especially in developing countries.
According to this study, over the next five years the Switched Reluctance Motors market will register a 5.2% CAGR in terms of revenue, the global market size will reach USD 600 million by 2024, from USD 440 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Switched Reluctance Motors business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Switched Reluctance Motors market by product type, application, key manufacturers and key regions and countries.
This study considers the Switched Reluctance Motors value and volume generated from the sales of the following segments-
Segmentation by product type- breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
<100 KW
100-500 KW
>500 KW
Segmentation by application- breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Automobile Industry
Appliance Industry
Industrial Machinery
Others
This report also splits the market by region- Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report- Breakdown data in in Chapter 3.
Nidec Corporation
AMETEK
VS Technology
Shandong Kehui Power Automation
Maccon GmbH
Rongjia Motor Co., Ltd
Shandong Desen
Huayang
Heliad
Rocky Mountain Technologies
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Switched Reluctance Motors consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Switched Reluctance Motors market by identifying its various subsegments.
Focuses on the key global Switched Reluctance Motors manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Switched Reluctance Motors with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Switched Reluctance Motors submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
