Dallas,TX (PRWEB) May 22, 2015
According to the latest report Global Electric Motor Market 2015-2019, stringent electricity consumption standards and rising energy prices are driving greater demand for energy-efficient electric motors all over the world. Vendors are forced to implement various standards and regulations that govern the manufacturing of energy-efficient electric motors. However, technological advances and more advocacy from the vendors' end will likely contribute to market growth during the forecast period.
The complete report spread across 107 pages and provides 51 List of Exhibits. Browse the report on Electric Motor Market at http://www.reportsnreports.com/reports/400739-global-electric-motor-market-2015-2019.html.
The analysts forecast global electric motors market to grow at a CAGR of 6.30% over the period 2015-2019. According to the report Global Electric Motor Market 2015-2019, an increasing number of consumers are adopting electric vehicles. Thus, wider adoption and rising sales of these vehicles will drive the demand for electric motors during the forecast period.
Global electric motor market new report also draws attention towards stringent electricity consumption standards and rising energy prices that are driving greater demand for energy-efficient electric motors all over the world.
Vendors in electric motor market are forced to implement various standards and regulations that govern the manufacturing of energy-efficient electric motors, which is likely to contribute to market growth in the coming years.
Market Scope and Calculation of Market Size
The new Technavio report covers the present scenario and growth prospects of the global electric motor market from 2015-2019. To calculate the market size and vendor shares, the report considers revenue generated from:
- Sales of different types of electric motor
- Provision of maintenance and support
Market Growth Drivers: Increased adoption of electric vehicles
Market Challenges: Highly fragmented market
Market Trends: Adoption of energy-efficient motors
Purchase a Copy of Report at http://www.reportsnreports.com/purchase.aspx?name=400739.
The following companies are the key players in the global electric motor market: ABB, Ametek, Baldor Electric, Brook Crompton UK, Danaher Motion, Emerson Electric, Faulhaber Group, Johnson Electric Holdings, Maxon Motor, Regal Beloit and Siemens.
Other Prominent Vendors in the market are: Allied Motion Technologies, ARC Systems, Asmo, Franklin Electric, Huali, Nidec, Rockwell Automation, TECO-Westinghouse and Toshiba.
Further, the report states that fluctuating prices of raw materials are affecting market revenues, as well. Consequently, vendors struggle to offer superior-quality products at competitive prices.
List of Exhibits
Exhibit 1: Global Electric Motor Market by Output Power
Exhibit 2: Global Electric Motor Market by Type
Exhibit 3: Market Research Methodology
Exhibit 4: Global Electric Motor Market 2014-2019 ($ billions)
Exhibit 5: Bargaining Power of Suppliers
Exhibit 6: Bargaining Power of Buyers
Exhibit 7: Threat of New Entrants
Exhibit 8: Threat of Substitutes
Exhibit 9: Threat of Rivalry
Exhibit 10: Global Electric Motor Market: Segmentation by Output Power 2014
Exhibit 11: Global FHP Motor Market 2014-2019 ($ billions)
Exhibit 12: Global IHP Motor Market ($ billions)
Exhibit 13: IHP Motors: Product Segmentation 2014
Other Related Reports:
Global EV Traction Motor Market 2015-2019: The analysts forecast global EV traction motor market to grow at a CAGR of 18.57% over the period 2014-2019.
The global EV traction motor market is witnessing increased investment by vendors in R&D, resulting in many innovative applications and solutions. The R&D is focused on specific needs based on traction motor applications. For instance, electric aircraft require traction motors with high reliability and a high power to weight ratio. Similarly, HEVs require traction motors that can tolerate high temperatures as they need to be placed near a conventional engine or its exhaust. Also, vendors are working to increase the energy efficiency and reduce the cost of traction motors. In addition, they are trying to generate high torque, which will help EVs to accelerate and climb elevated areas.
The report recognizes the following companies as the key players in Global EV Traction Motor Market 2015-2019: Aisin Seiki, Continental, Magna International, Remy International and Robert Bosch.
Other Prominent Vendors in the market are: AC Propulsion, Brose Fahrzeugteile, SEW-EURODRIVE, Siemens and UQM Technologies.
Electric Motors Market in the US 2014-2018: Analysts forecast the Electric Motors market in the US to grow at a CAGR of 4.56% over the period 2013-2018.
The report recognizes the following companies as the key players in Electric Motors Market in the US 2014-2018: ABB Ltd, GE Co., Regal Beloit Corp., Siemens AG
Other Prominent Vendors in the market are: AMETEK Inc., Bodine Electric Co., Danaher Corp., DENSO Corp., Dumore Corp., Emerson Electric Co., Groschopp AG, HBD Industries, Johnson Electric, Mabuchi Motor Co. Ltd., Magnetek Inc., Mamco Corp., Nidec Corp. and WEG SA.
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