New Research Finds Electric Motor and Generator Market to Grow 2.7% Whereas Electrical Transformer and Generating Set Market to Grow 0.8% and 1.6% Respectively till 2018
Lewes, DE (PRWEB) July 30, 2014 -- Global demand for electric motors and generators is forecast to expand 2.7% p.a. between 2014 and 2018. China, Morocco, Tanzania, the United States and Vietnam are considered the highest potential markets in the coming years.
According to recently published research on Market Research Reports Inc, the expansion of the global electric motor and generator industry is forecast to reach 2.7% p.a. in the coming years. Between 2007 and 2013 the market increased with an average annual growth of 9.6%. Currently, parts for electric motors and generators account for 27.7% of the global demand while the remaining market share is divided between multi-phase AC motors (21.2%), electric motors (output less than 37.5 watts) (18.5%), DC motors and generators (12.8%), AC generators (9.2%), single-phase AC motors (8.1%), and universal AC/DC motors (output less than 37.5 watts) (2.4%).
China, India, South Korea, Turkey and the United States represent the largest electric motor and generator markets while the strongest annual growth is forecast to occur in Tanzania (17.7%), Morocco (14.6%), Cambodia (13.1%), Rwanda (11.9%) and Sri Lanka (11.5%).
For more details please visit: Electric Motor and Generator Markets in the World to 2018 - Market Size, Trends, and Forecasts
On the similar lines global demand for electrical transformers is also forecast to expand 0.8% p.a. between 2014 and 2018. Cambodia, China, Rwanda, Turkey and the United States are considered the highest potential markets in the coming years.
Between 2007 and 2013 the transformer market increased with an average annual growth of 8.5%. Currently, liquid dielectric transformers account for 46.0% of the global demand while the remaining market share is divided between ballasts for discharge tubes and lamps (14.9%), and other electrical transformers (39.2%).
China, Russia, Saudi Arabia, Turkey and the United States represent the largest electrical transformer markets while the strongest annual growth is forecast to occur Rwanda (15.2%), Cambodia (13.1%), Moldova (12.1%), Panama (11.7%) and Bolivia (8.0%).
For more details please visit: Electrical Transformer Markets in the World to 2018 - Market Size, Trends, and Forecasts.
Global demand for electric generating sets is forecast to expand 1.6% p.a. between 2014 and 2018. China, Israel, Russia, Turkey and the United States are considered the highest potential markets in the coming years.
The global electric generating set industry is going to reach 1.6% p.a. in the coming years. Between 2007 and 2013 the market increased with an average annual growth of 8.8%. Currently, diesel generating sets account for 42.5% of the global demand while the remaining market share is divided between wind-powered generating sets (19.2%), generating sets with spark ignition engines (15.9%), and other electric generating sets (22.4%).
China, Russia, Turkey, the United Kingdom and the United States represent the largest electric generating set markets while the strongest annual growth is forecast to occur Bolivia (12.9%), Israel (11.6%), Panama (10.5%), Macedonia (9.6%) and Ecuador (9.4%).
For more details please visit: Electric Generating Set Markets in the World to 2018 - Market Size, Trends, and Forecasts.
Country and Geography wise reports are also available for these segments.
To see other research reports related to energy and utilities please visit: http://www.marketresearchreports.com/energy-utilities.
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