Motor is a device that transfer power between electric power and mechanical power. Just as the name implies, industrial motors are motors used in the various industries.
As an important device in various industries, the development of industrial motors have a close relationship with the development of manufacturing industries.
The global average price of Industrial Motors is in the decreasing trend, from 41.1 USD/KW in 2012 to 38.8 USD/KW in 2016. With the situation of global economy, prices will be in decreasing trend in the following five years.
North America and Europe account for 20.15% and 21.76% market share in 2016 respectively. As developed region, the growth rate of industrial motors are as low as less than 3%. On the other hand, the development speed of industrial motor in China and other Asian countries is relatively high. Besides, China is also the largest consumption market with market share of 29.59%.
Market Concentration Rate is relative low though the top 10 manufacturers occupies nearly 41% market share in 2016. There are still thousands of manufacturers participated in this market.
According to this study, over the next five years the Industrial Motors market will register a xx% CAGR in terms of revenue, the global market size will reach USD xx million by 2024, from USD xx million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Industrial Motors business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Industrial Motors market by product type, application, key manufacturers and key regions and countries.
This study considers the Industrial 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.
High Voltage Motor
Low Voltage Motor
Segmentation by application- breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Oil & Gas
Power Generation
Mining & Metal
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.
ABB
Siemens
Mitsubishi
GE
HITACHI
Nidec
Toshiba
Regal Beloit
WEG
Teco
Emerson
MEIDENSHA
Wolong Electric
Rockwell Automation
Franklin Electric
Zhongda Motor
XIZI FORVORDA
Ametek
Allied Motion
JEUMONT
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 Industrial 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 Industrial Motors market by identifying its various subsegments.
Focuses on the key global Industrial 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 Industrial 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 Industrial 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.
