Induction Motor Market Trends to 2019, Size and Growth Analysis Report

Global Induction Motor Market 2015-2019 is a new research report added by under the manufacturing category. The report states that the one of the major challenges is highly fragmented market. The market is highly fragmented, with intense

The analysts forecast 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.

Covered in this Report

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.

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The report, 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.

Key vendors

  • ABB
  • Ametek
  • Emerson Electric
  • Siemens
  • WEG

Other prominent vendors

  • Baldor Electric
  • Brook Crompton UK
  • Danaher Motion
  • Faulhaber Group
  • Johnson Electric Holdings
  • Maxon Motor
  • Regal Beloit
  • Siemens

Market driver

  • Increased Adoption of Electric Vehicles

Market challenge

  • Highly Fragmented Market

Market trend

  • Adoption of Energy-efficient Motors

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?

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