Electric AC Motors Market Set to Exceed CAGR Of 166.5 Billion by 2026
Electric AC Motors Market Size To Reach USD 166.5 Billion by 2026
“Electric AC Motors Market Share, Size, Trends & Analysis Report, By Type (Induction AC Motors, Synchronous AC Motors); By Application (Automotive, Agriculture, Residential, Commercial, Industrial, Others); By Region, Segment Forecast, 2019 – 2026”
The global electric AC motors market is estimated to reach USD 166.5 billion by 2026 growing at a CAGR of 8.8% during the forecast period, according to a new study published by Polaris Market Research. The report ‘Electric AC Motors Market Share, Size, Trends, & Industry Analysis Report, By Type (Induction AC Motors, Synchronous AC Motors); By Application (Automotive, Agriculture, Residential, Commercial, Industrial, Others); By Region: Segment Forecast, 2019 – 2026’ provides an extensive analysis of present market dynamics and predicted future trends. In 2018, the Induction AC Motors segment dominated the global market, in terms of revenue. Asia-Pacific is expected to be the leading contributor to the global market revenue during the forecast period. The increasing automation in various industrial processes, and use of electric AC motors in diverse applications such as healthcare, construction, automotive, and consumer goods among others is expected to support the market growth. Increasing use of electric AC motors in infrastructural development, and rising construction activities especially in the developing economies accelerates the market growth. Other driving factors include rising demand for household appliances, growing use in HVAC applications, and government support for development of high efficiency electric AC motors. Growing demand from emerging economies, and technological advancements are factors expected to provide numerous growth opportunities in the electric AC motors industry during the forecast period.
Browse Detailed Research Report On Electric AC Motors MarketAnalysis: https://www.polarismarketresearch.com/industry-analysis/electric-ac-motors-market Asia-Pacific generated the highest revenue in the market during 2017, and is expected to lead the global market throughout the forecast period. The presence of emerging industries such as healthcare, agriculture, construction, and automotive, substantial initiatives in research and development, and favorable government policies drive the market growth. Rapid industrialization and growth of manufacturing industry further support the strengthening of electric AC motors industry in the region. The increasing sale of passenger vehicles, coupled with high penetration of electric vehicles in countries such as China, and Japan increases the adoption of electric AC motors in the region. The different types of electric AC motors include induction AC motors, and synchronous AC motors. In 2018, the induction AC motors segment accounted for the highest share in the electric AC motors industry owing to the increasing demand from industries such as agriculture, paper & pulp, and chemicals. Some key features offered by induction AC motors include controlled acceleration, simplicity, low-cost, quiet, long-lasting, and low power demand on start, among others. The well-known companies profiled in the electric AC motors market report include Siemens AG, Kirloskar Electric Company, Johnson Electric, Rockwell Automation, Inc., Baldor Electric Company, Allied Motion Technologies Inc., Ametek Inc., Asmo Co. Ltd., Franklin Electric Co. Inc., and ABB Limited among others. These companies are consistently launching new products to enhance their offerings in the electric AC market. With the advancement of technologies, companies are innovating and introducing new customized products to cater the growing needs of the customers. Leading companies are also acquiring other companies, and enhancing their product offerings to improve their market reach.
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Electric AC Motors Market Size To Reach USD 166.5 Billion by 2026
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TABLE OF CONTENTS •
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Overview and Scope o Research goal & scope o Research assumptions o Research Methodology ▪ Primary data sources ▪ Secondary data sources o Key take-away o Stakeholders Executive Summary o Market Definition o Market Segmentation Electric AC Motors Market Insights o Electric AC Motors – Industry snapshot o Electric AC Motors - Ecosystem analysis o Electric AC Motors Market Dynamics ▪ Electric AC Motors – Market Forces • Electric AC Motors Market Driver Analysis • Electric AC Motors Market Restraint/Challenges analysis • Electric AC Motors Market Opportunity Analysis o Industry analysis - Porter's five force ▪ Bargaining power of supplier ▪ Bargaining power of buyer ▪ Threat of substitute ▪ Threat of new entrant -3-
Electric AC Motors Market Size To Reach USD 166.5 Billion by 2026
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▪ Degree of competition o Electric AC Motors Market PEST Analysis o Electric AC Motors Market Value Chain Analysis o Electric AC Motors Industry Trends o Competitive Ranking Analysis Electric AC Motors Market Size and Forecast, 2015-2026 by Type o Key Findings o Induction AC Motors o Synchronous AC Motors Electric AC Motors Market Size and Forecast, 2015-2026 by Application o Key Findings o Automotive o Agriculture o Residential o Commercial o Industrial o Others Electric AC Motors Market Size and Forecast, 2015-2026 by Region o Key Findings o North America ▪ U.S. ▪ Canada o Europe ▪ Germany ▪ UK ▪ France ▪ Italy ▪ Spain ▪ Belgium ▪ Russia ▪ Netherlands ▪ Rest of Europe o Asia-Pacific ▪ China ▪ India ▪ Japan ▪ Korea ▪ Singapore ▪ Malaysia ▪ Indonesia ▪ Thailand ▪ Philippines ▪ Rest of Asia-Pacific o Latin America ▪ Brazil ▪ Mexico ▪ Argentina ▪ Rest of LATAM o Middle East & Africa ▪ UAE ▪ Saudi Arabia ▪ South Africa -4-
Electric AC Motors Market Size To Reach USD 166.5 Billion by 2026
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▪ Rest of MEA Company Profiles o Siemens AG ▪ Overview ▪ Financials ▪ Product Benchmarking ▪ Recent Developments o Kirloskar Electric Company ▪ Overview ▪ Financials ▪ Product Benchmarking ▪ Recent Developments o Johnson Electric ▪ Overview ▪ Financials ▪ Product Benchmarking ▪ Recent Developments o Rockwell Automation, Inc. ▪ Overview ▪ Financials ▪ Product Benchmarking ▪ Recent Developments o Baldor Electric Company ▪ Overview ▪ Financials ▪ Product Benchmarking ▪ Recent Developments o Allied Motion Technologies Inc. ▪ Overview ▪ Financials ▪ Product Benchmarking ▪ Recent Developments o Ametek Inc. ▪ Overview ▪ Financials ▪ Product Benchmarking ▪ Recent Developments o Asmo Co. Ltd. ▪ Overview ▪ Financials ▪ Product Benchmarking ▪ Recent Developments o Franklin Electric Co. Inc. ▪ Overview ▪ Financials ▪ Product Benchmarking ▪ Recent Developments o ABB Limited ▪ Overview ▪ Financials ▪ Product Benchmarking ▪ Recent Developments -5-
Electric AC Motors Market Size To Reach USD 166.5 Billion by 2026
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https://www.polarismarketresearch.com/press-releases/global-electric-ac-motorsmarket About Polaris Market Research
Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to serve our diverse customer base present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world. We strive to provide our customers with updated information on innovative technologies, high growth markets, emerging business environments and latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced and extremely qualified team of experts comprising SMEs, analysts and consultants, we at Polaris endeavor to deliver value-added business solutions to our customers.
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