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Low Voltage Electric Motor Market Report: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023 - ResearchAndMarkets.com
The "Low
Voltage Electric Motor Market: Global Industry Trends, Share, Size,
Growth, Opportunity and Forecast 2018-2023" report has been
added to ResearchAndMarkets.com's offering.
The
global low-voltage electric motor market reached a volume of around 381
Million Units in 2017, growing at a CAGR of 9.6% during 2010-2017.
Increasing
industrialization across the globe is fuelling the growth of the
automation industry. This has created a huge demand for low-voltage
electric motors so as to minimize the additional cost of production.
Moreover, a shift in consumer preference from low-efficiency motors to
high-efficiency and energy-saving motors has propelled the demand for
low-voltage motors. Further, a surge in construction and renovation of
residential spaces worldwide is expected to influence the market growth
in the upcoming years.
Looking forward, the market value is
projected to reach a volume of 653 Million Units by 2023, expanding at a
CAGR of more than 9.3% during 2018-2023.
Market
Summary:
-
Based on efficiency, the market has been segmented into standard,
high, premium and super premium efficiency. Currently, standard
efficiency low-voltage electric motors dominate the market, holding
the largest share.
-
On the basis of end-use, commercial HVAC represents the largest
segment, followed by food, beverage and tobacco industry, mining
industry, and utilities.
-
The market has also been segregated on the basis of application into
pumps and fans, and compressors. Amongst these, pumps and fans hold
the majority of the total market.
-
Region-wise, North and South America is the leading market, accounting
for the largest share globally. Other major markets include Europe,
Middle East and Africa, and China.
-
The competitive landscape of the market has also been examined with
some of the key players being ABB, Siemens (News - Alert), WEG, TECO E&M, Regal
Beloit, Leroy-Somer, Shandong Huali, Hyundai Heavy Industries, Hyosung
Corporation and NIDEC.
Key Topics Covered:
1 Preface
2
Scope and Methodology
3 Executive Summary
4
Introduction
5 Global Electric Motor Industry
6
Global Low Voltage Electric Motor Industry
7 Global Low
Voltage Electric Motor Market: Performance of Key Regions
8
Global Low Voltage Electric Motor Market: Market by Efficiency
9
Global Low Voltage Electric Motor Market: Market by End-Use Industry
10
Global Low Voltage Electric Motor Market: Market by Application
11
Global Low Voltage Electric Motor Market: Competitive Landscape
12
Global Low Voltage Electric Motor Market: SWOT Analysis
13
Global Low Voltage Electric Motor Market: Value Chain Analysis
14
Global Low Voltage Electric Motor Market: Porter's Five Forces Analysis
15
Low Voltage Electric Motor Manufacturing Process
16 Project
Details, Requirements and Costs Involved
17 Loans and
Financial Assistance
18 Project Economics
19 Key
Player Profiles
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ABB
-
Siemens
-
WEG
-
TECO E&M
-
Regal Beloit
-
Leroy-Somer
-
Shandong Huali
-
Hyundai Heavy Industries
-
Hyosung Corporation
-
NIDEC
For more information about this report visit https://www.researchandmarkets.com/research/qnv856/low_voltage?w=4
View source version on businesswire.com: https://www.businesswire.com/news/home/20180528005040/en/
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