Lewes, DE -- (SBWire) -- 08/13/2015 --Report forecast the global induction motor market to grow at a CAGR of 12.35% over the period 2015-2019.
The invention of motors or more precisely, electric motors, is one of the major achievements in the field of technology and engineering. The advent of motors helped the world move from being manual to a highly mechanized one. Since then the world has come a long way from utilizing electric power to glow bulbs to converting electrical energy to run various mechanical machinery.
An electric motor is an electro-mechanical device that converts electrical energy to mechanical energy.
This report covers the present scenario and the growth prospects of the global induction motor market during the period 2015–2019. For ascertaining the market size and vendor share, the report considers the revenue obtained from the sales of induction motors by the commercial, residential and Industrial end users segments.
The Global Induction Motor Market 2015-2019, 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 in the coming years. The report also includes a discussion of the key vendors.
According to the report, one key driver of this market is the increased need for energy efficiency. Energy management is considered to be one of most effective methods to reduce the energy usage in the residential sector. There are various processes involved in HEM, including recording, normalizing, analyzing, targeting, monitoring, reporting, and controlling.
Key players in the Global Induction Motor Market: ABB , Ametek, Emerson Electric, Siemens, WEG.
Other Prominent Vendors in the market are Baldor Electric , Brook Crompton UK, Danaher Motion, Faulhaber Group, Johnson Electric Holdings, Maxon Motor, Regal Beloit, Siemens.
Market Driver
- Increased Adoption of Electric Vehicles
- For a full, detailed list, view our report
Market Challenge
- Highly Fragmented Market
- For a full, detailed list, view our report
Market Trend
- Adoption of Energy-efficient Motors
- For a full, detailed list, view our report
Key Questions Answered in this Report
- What will the market size be in 2019 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?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
Spanning over 86 pages "Global Induction Motor Market 2015-2019" report covers Executive Summary, List of Abbreviations, Scope of the Report, Market Research Methodology, Introduction, Market Landscape, Market Segmentation by Product Type, Three Phase Induction Motors, Single Phase Induction Motors, Market Segmentation by End Users, Geographical Segmentation, Buying Criteria, Market Growth Drivers, Drivers and their Impact, Market Challenges, Impact of Drivers and Challenges, Market Trends, Trends and their Impact, Vendor Landscape, Key Vendor Analysis.
For further information on this report, please visit-
http://www.marketresearchreports.com/technavio/global-induction-motor-market-2015-2019
Other Reports:
1st- Global Interconnect Market 2015-2019 - visit at:
http://www.marketresearchreports.com/technavio/global-interconnect-market-2015-2019
2nd- Global Commercial Aircraft Cabin Interiors Market: Forecast Until 2019 - visit at:
http://www.marketresearchreports.com/technavio/global-commercial-aircraft-cabin-interiors-market-forecast-until-2019
3rd- Global Commercial and Military Aircraft MRO Market 2015-2019 - visit at:
http://www.marketresearchreports.com/technavio/global-commercial-and-military-aircraft-mro-market-2015-2019
4th- Machine Tools Market in China 2015-2019 - visit at:
http://www.marketresearchreports.com/technavio/machine-tools-market-china-2015-2019
5th- MES Market in North America 2015-2019 - visit at:
http://www.marketresearchreports.com/technavio/mes-market-north-america-2015-2019
About Market Research Reports, Inc.
Market Research Reports, Inc. is the world's leading source for market research reports and market data. We provide you with the latest market research reports on global markets, key industries, leading companies, new products and latest industry analysis & trends.
For regular industry updates subscribe to our newsletter at: http://www.marketresearchreports.com/subscribe-to-newsletter
