Global Industrial Smart Motors Market to Grow At CAGR of 6.22% Forecast 2017-2021

Posted on 2017-08-29 by Mark Hub in Automotive // 0 Comments

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Albany, US, 2017-Aug-29 — /EPR Network/ — Market Research Hub (MRH) has recently broadcasted a new study to its broad research portfolio, which is titled as “Global Industrial Smart Motors Market 2017-2021”, with additional features such as a built-in microprocessor, quadrature encoder, and current monitor are industrial smart motors. Industrial smart motors can cater to complex operations in machineries and perform highly precise and multifaceted functions with IIoT integration. They can perform cautiously and with high-efficiency. They also do not render adverse effects in the environment. The growth of industrial automation has led to a significant rise in demand for industrial smart motors.

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Research analysis on the global industrial smart motors market identifies the increasing preference for energy-efficient motors as one of the major factors that will have a positive impact on the growth of the market. Smart motors are mainly utilized for heavy loads and high-speed operations to remove power transmission leakages. The industrial smart motors, are applied in variable speed drive systems and help in retaining the efficiency and increasing productivity and also help in cost savings. Such advantages will increase the demand for these motors, which will subsequently fuel the market’s growth prospects. Market Research Hub’s market research analysts predict that this market will grow at a CAGR of 6.22% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global industrial smart motors market for 2017-2021. To calculate the market size, the report considers a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:
Americas
APAC
EMEA

Market Research Hub’s report, Global Industrial Smart Motors Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
HSD
Lenze
Moog
Servotronix Motion Control
TECHNOSOFT

Other prominent vendors
Bosch Rexroth
Delta Electronics
Festo Group
Fuji Electric
General Electric
MISUMI
MOONS’

Motion Control Products
NIDEC MOTORS & ACTUATORS
Olympus Controls
Rockwell Automation
Sastra Robotics
Schneider Electric
SMART ELECTRIC
SmartMotorDevices O
Sonceboz
Striatech

Browse Full Report with TOC: http://www.marketresearchhub.com/report/global-industrial-smart-motors-market-2017-2021-report.html

Market driver
Rise in demand for energy-efficient motors
For a full, detailed list, view our report

Market challenge
Higher cost of new smart motors over traditional motors
For a full, detailed list, view our report

Market trend
Development in communication connection in smartphones and PCs
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?

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About Market Research Hub

Market Research Hub (MRH) is a next-generation reseller of research reports and analysis. MRH’s expansive collection of machines market research reports has been carefully curated to help key personnel and decision makers across industry verticals to clearly visualize their operating environment and take strategic steps.

MRH functions as an integrated platform for the following products and services: Objective and sound market forecasts, qualitative and quantitative analysis, incisive insight into defining industry trends, and market share estimates. Our reputation lies in delivering value and world-class capabilities to our clients.

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