Energy Efficient Motors Market (Products & Application) is Expected to Grow $91.46 Billion by 2018 – New Report by MarketsandMarkets
(PRWEB) February 20, 2014 -- According to a new market research report of "Energy Efficient Motors Market (2013–2018): By Product (Synchronous (Reluctance, Permanent Magnet), Asynchronous (Squirrel Cage, Wound Rotor), DC Motor (Brushless, Brushed)); Type (IE3, IE2, IE1, NEMA); Application (Fans, Pump, HVAC, Compressed Air)", is expected to grow at a CAGR of 19.67% from 2013 to 2018 and reach $91.46 billion in 2018.
Browse 126 market data tables with 66 figures spread through 330 pages and in-depth TOC on “Energy Efficient Motors Market”
http://www.marketsandmarkets.com/Market-Reports/energy-efficient-motor-163.html
Early buyers will receive 10% customization on this report.
Inquiry before buying: http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=163
The increasing power consumption and CO2 emissions are some of the major challenges for the manufacturers of the electric motors. To overcome the above-mentioned challenges, different standards and regulations are launched by the governments of different countries like U.S., France, China, Japan, and also by different associations like NEMA, IEA (International Energy Association), and others. Energy-efficient motors are manufactured as per all the energy saving standards. The operating cost of the energy-efficient motors is much lesser as compared to the standard motors due to the low energy cost and minimum CO2 emission. The demand for energy efficient motors is continuously increasing and replacing the standard motors in different sectors. The report covers all the major energy efficient standards, product types, applications and end users of the energy efficient motors.
Different end users are using different applications of energy efficient motors. The report covers the major end users like industrial, commercial buildings, residential, transportation and aerospace & defense. The end users market is thus further segmented on the basis of different energy efficient product types, applications and geographical regions. Energy efficient motors are penetrating in the overall motors market. The penetration rates of the energy efficient motors along with the total available market for each application are discussed in the report.
Geographical split for every application, product types and end user is included in the report as the market share of different applications of energy efficient motors varies from one region to another. Aerospace & defense, residential and agriculture sectors are expected to hit in the energy efficient motors market in the coming five years.
This report describes the overall market into five major geographical segments, namely, North America, Europe, APAC (excluding Chia), China, and ROW. North America is the market leader in the overall energy efficient motors market; followed by APAC and Europe. In ROW, Middle East, and Africa are the largest contributors. The major reasons behind the growing market for the Energy Efficient Motors are the increasing problems of energy consumption, demand of efficient systems and reducing emission. North America is the major region to have dominated the Energy Efficient Motors market. APAC is expected to be the fastest growing region in the overall market of energy efficient motor. Energy Efficient Induction motors is expected to boost the growth of the energy efficient motors market.
The overall market of the energy efficient motors is expected to grow from $31.79 billion in 2012 to $91.46 billion in 2018 at a CAGR of 19.67% from 2013 to 2018.
Download PDF Today!
http://www.marketsandmarkets.com/pdfdownload.asp?id=163
Browse related reports:
Servo Motor & Drives Market: By Type (AC Servo Motors/Drives, DC Servo Motors/Drives, Brushless Servo Motors), Voltage Range (Low Voltage, Medium Voltage), Components (Sensors, Controller Modules, Encoders, Amplifiers) & Application - (2013 – 2018)
http://www.marketsandmarkets.com/Market-Reports/servo-motors-and-drives-market-1127.html
Energy Efficient Low Horsepower AC Motors Market (2013 – 2018): Product (Synchronous, Asynchronous), Current (Single phase, Three-phase), Application (Consumer, Industrial, Refrigeration, Medical), Geography (North America, Europe, APAC, ROW)
http://www.marketsandmarkets.com/Market-Reports/low-horsepower-ac-motors-market-1245.html
About MarketsandMarkets
MarketsandMarkets is a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world.
MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services. MarketsandMarkets covers thirteen industry verticals, including advanced materials, automotive and transportation, banking and financial services, biotechnology, chemicals, consumer goods, energy and power, food and beverages, industrial automation, medical devices, pharmaceuticals, semiconductor and electronics, and telecommunications and IT.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository. To know more about us and our reports, please visit our website.
Contact:
Mr. Rohan
North - Dominion Plaza,
17304,Preston Road,
Suite 800, Dallas, TX 75252
Tel: +1-888-600-6441
Email: sales(at)marketsandmarkets(dot)com
Visit MarketsandMarkets Blog: http://www.marketsandmarketsblog.com/market-reports/electronics-and-semiconductors
Connect with us on LinkedIn: http://www.linkedin.com/company/marketsandmarkets
Mr. Rohan, MarketsandMarkets, http://www.marketsandmarkets.com/, +91 9881155004, [email protected]
Share this article