Growth Predictions on Global Industrial Motors Market Through 2026 Presented in New Forecast Research

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Rockville, US, 2018-Jun-29 — /EPR Network/ — To understand the industrial motor industry status worldwide, FactMR has included the latest Forecast report titled “Industrial Motor Market Research Forecast, Trend Analysis & Competition Tracking – Global Review 2017 to 2026”, to its vast database. This study offers data about the prime regions operating in the automotive sector, along with their production, consumption, revenue and market share details. Further, the intelligent report also anticipates that the market would grow at a constructive CAGR until 2022.

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According to the report compiled by Fact.MR, the global industrial motor market is expected to witness sluggish growth. The market is estimated to increase to 3.4% CAGR during the forecast period 2017-2026. By the end of 2026, the global industrial motor market is estimated to reach US$ 14,959.1 million revenue. Converting electrical energy into mechanical energy, industrial motor is used in manufacturing units. Improving standards in design and efficiency are driving manufacturers to develop and design new industrial motor that can reduce energy consumption and offer efficiency. Following are the insights on how the global industrial motor market will perform during the forecast period.

6 Forecast Highlights on Global Industrial Motor Market

1- Asia Pacific Excluding Japan (APEJ) is expected to be the largest region in the global industrial motor market during the forecast period 2017-2026. Owing to the rapid infrastructure development and industrialization in the countries such as India and China, APEJ is anticipated to witness the growth.

2- North America and Europe are also expected to witness the growth in the global industrial motor market. New oil reserves in North America is driving the demand for industrial motor in oil and gas industry. Also, stringent government regulation in the region for saving energy and electricity is driving the demand for energy-efficient industrial motor.

3- IE2 industrial motor is expected to witness the highest growth in the global industrial motor market. By the end of 2026, IE2 is estimated to surpass US$ 4,800 million revenue.

4- Pumps and Fans are expected to account for nearly half of the revenue share by the end of 2017. Pumps and fans are estimated to surpass US$ 7,600 million revenue by the end of 2026.

5- Among various motors, DC Brushless is expected to be the largest type of industrial motor. Between 2017 and 2026, DC Brushless motor is estimated to surpass US$ 1,900 million incremental opportunity.

6- Commercial HVAC is expected to emerge as the biggest end user in the global industrial motor market. Commercial HVAC is anticipated to surpass US$ 4,400 million revenue towards the end of 2026.

The report also offers detailed analysis of the leading market players in the global market for industrial motor. These players are expected to remain active through 2026. These include companies such as ABB Limited, Siemens Aktiengesellschaft, WEG SA, TECO Electric & Machinery Co., Ltd., Toshiba Corporation, Hyosung Corporation, Nidec Corporation, Regal Beloit Corporation, CG Power and Industrial Solutions Limited, and Shandong Huali Electric Motor Group Co. Ltd.

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Table of Contents:

  1. Global Economic Outlook
  2. Global Industrial Motor Market – Executive Summary
  3. Global Industrial Motor Market Overview
    3.1. Introduction
    3.1.1. Global Industrial Motor Market Taxonomy
    3.1.2. Global Industrial Motor Market Definition
    3.2. Global Industrial Motor Market Size (US$ Mn) and Forecast, 2012-2026
    3.2.1. Global Industrial Motor Market Y-o-Y Growth
    3.3. Global Industrial Motor Market Dynamics
    3.4. Supply Chain
    3.5. Cost Structure
    3.6. Global MEPS Timeline
    3.7. Service Provider List
    3.8. Product Lifecycle Analysis
    3.9. Key Participants Market Presence (Intensity Map) By Region
  4. Global Industrial Motor Market Analysis and Forecast 2012-2026
    4.1. Global Industrial Motor Market Size and Forecast By Efficiency, 2012-2026
    4.1.1. IE1 Market Size and Forecast, 2012-2026
    4.1.1.1. Revenue (US$ Mn) Comparison, By Region
    4.1.1.2. Market Share Comparison, By Region
    4.1.1.3. Y-o-Y growth Comparison, By Region

Continued……..

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