Induction motor, also called as the asynchronous motor is an AC electric motor based on the principle of induction where the electric current required in the rotor to generate torque is obtained by electromagnetic induction from the magnetic field of the stator winding. Hence an induction motor can be made without electrical connection to the rotor. It is one of the most commonly used electric motors. The global demand for induction motor market is poised to flourish because it is economic cost and low maintenance.
Worldwide Induction Motor Market Analysis to 2027 is a specialized and in-depth study of the Induction Motor industry with a focus on the global market trend. These report aims to provide an overview of global Induction Motor market with detailed market segmentation by product/application and geography. The global Induction Motor market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the Induction Motor players and offers key trends and opportunities in the market.
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Major Induction Motor Market Players
- ABB Ltd.
- Baldor Electric Company
- Emerson Electric Company
- Kirloskar Electric Company
- Marathon Electric
- Nidec Motor Corporation
- Regal Beloit Corporation
- Schneider Electric SE
- Siemens AG
- Toshiba Corporation
An exclusive Induction Motor market research report created through broad primary research (inputs from industry experts, companies and stakeholders) and secondary research, the report aims to present the analysis of Global Induction Motor Market By Type, By Application, By Region - North America, Europe, South America, Asia-Pacific, Middle East and Africa. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment evaluation. Besides, the report also identifies and analyses the emerging trends along with major drivers, challenges and opportunities in the global Induction Motor market. Additionally, the report also highlights market entry strategies for various companies across the globe.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Induction Motor market based on product and application. It also provides market size and forecast till 2027 for overall Induction Motor market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SAM), which is later sub-segmented by respective countries and segments. The report evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend and provides exhaustive PEST analysis for all five regions.
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Also, key Induction Motor market players influencing the market are profiled in the study along with their SWOT analysis and market strategies. The report also focuses on leading industry players with information such as company profiles, products and services offered, financial information of last 3 years, key development in past five years.
The global induction motor market is segmented on the basis of product type, application, and efficiency class. Based on product type, the market is segmented as single phase induction motor and three phase induction motor. On the basis of application the market is sub-segmented into residential, industrial, commercial, agriculture and transportation. Similarly, based on efficiency class the market is segmented into IE1, IE2, IE3 and IE4.
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- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it
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- Examine the political, economic, social and technology impact of the five regions namely: North America, Europe, Asia Pacific, Middle East & Africa and South America.
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The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Media, Healthcare and Telecommunication industries.