Global DC Motors Market to Grow at a CAGR of 12.74% During the Period 2016 - 2020; Finds New Report
Market Research Reports, Inc. has announced the addition of “Global DC Motors Market 2016 - 2020” research report to their website www.MarketResearchReports.com
Lewes, DE -- (SBWire) -- 06/21/2016 --Report forecast the global DC motors market to grow at a CAGR of 12.74% during the period 2016-2020.
A DC motor is a synchronous motor that is powered by an electrical source using an integrated switching power supply. It has electronic commutation system, field windings, and armature. The armature or coil, which is wound on the rotor, conducts current. The commutator takes the stationary power of the armature, and passes it on to the brushes or conductive rods.
DC motors are used in various equipment and devices across sectors such as industrial machinery, automotive, consumer durables, aerospace, and defense. They used in equipment such as forklift, mobile HVAC applications, hydraulic pumps, hazardous applications, injection pump applications, electric hoist, reels and winches, remote control, and power.
The report covers the present scenario and the growth prospects of the global DC motors market for 2016-2020. It considers the revenue generated from the sales of DC motors and includes the following product types:
- DC motors of O/P less than 750 W
- DC motors of O/P between 750 W and 75kW
- DC motors of O/P between 75 kW and 375 kW
- DC motors of O/P greater than 375 kW
The market is divided into the following segments based on geography:
- Africa
- Americas
- Asia
- Europe
- Middle East
- Oceania
According to the report, a key growth driver for the DC motors market is the need to comply with regulations and standards. The production process, where electric motors are used, consume up to 70% energy that is needed by the industry. Research has found that about 20%-30% of the energy consumed can be saved if energy saving motors such as DC motors are used. It is also suggested that for motors used in electric systems, an eco-design should be established.
Further, the report states that one challenge that could restrict market growth is the need for high maintenance.
Global DC Motors Market 2016-2020, 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 players in the global DC motors market: ABB, Emerson Electric, Siemens, and FAULHABER.
Other Prominent Vendors in the market are: Allied Motion Technologies, Ametek, Anaheim Automation, ARC Systems, Asmo, Brook Crompton, Danaher Motion, Shandong Huali Motors, Johnson Electric Holdings, Maxon Motors, Minebea, Nidec, Omron, Rockwell Automation, TMEIC, and Toshiba.
Key vendors
- ABB
- Emerson Electric
- Siemens
- FAULHABER
Other prominent vendors
- Allied Motion Technologies
- Ametek
- Anaheim Automation
- ARC Systems
- Asmo
- Brook Crompton
- Danaher Motion
- Shandong Huali Motors
- Johnson Electric Holdings
- Maxon Motors
- Minebea
- Nidec Omron
- Rockwell Automation
- TMEIC
- Toshiba
Market driver
- Need to comply with regulations and standards
- For a full, detailed list, view our report
Market challenge
- Need for high maintenance
- For a full, detailed list, view our report
Market trend
- Emergence of compact and modular DC motors
- 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?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
Spanning over 55 pages and 27 Exhibit "Global DC Motors Market 2016 - 2020" report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market landscape, Market segmentation by product, Geographical segmentation, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Appendix.
For more information Visit at: http://www.marketresearchreports.com/technavio/global-dc-motors-market-2016-2020
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