A motor is an electro-mechanical device that converts electrical
energy into mechanical energy. The electrical motor has brought about
one of the most significant developments in the engineering and
technology fields ever since electricity was invented.
The report elucidates that positive developmental trends in the
manufacturing industry and growth incentives for energy efficient
electric motor systems will propel the growth of the global market
for medium and high power motors. The practice of replacement of
motors that operate on outdated technology will also augment the
market’s growth. However, volatile raw material prices and high
purchase prices of energy efficient motors will inhibit the growth of
this market during the forecast period. Nevertheless, the market has
immense growth prospects if manufacturers are able to bring superior
and high efficiency motors to the market.
Know the Technical Aspects of Medium and High Power Motors at: http://bit.ly/2acwPrR
By type, the segments of the global medium and high power motors
market are AC motors and DC motors. The AC motors segment is further
sub-segmented into three phase and single phase motors. Likewise, the
sub-segments of DC motors are brushed motors and brushless motors. AC
motors held a share of 79.4% in the global market’s revenue in 2012
and are expected to retain its dominant position until the end of the
forecast period.
On the basis of efficiency class, IE1, IE3, IE2, and non-regulated
motors are the segments of this market. IE2 efficiency class motors
are ahead in this market as products with this efficiency are
widely adopted across the world. The segment held a 70.7% share in
the overall market in 2012. Nevertheless, in developed countries such
as the U.S., due to regulatory norms, the use of IE3 efficiency
motors is mandatory. The IE3 motor class will display significant
growth due to mandatory regulations in place for the utilization of
premium efficiency motors in several developed countries.
The report examines the global medium and high power motors market
across the regional segments of North America, Asia Pacific, Europe,
and Rest of the World. Asia Pacific stood as the largest market for
medium and high power motors in 2012 with a share of 73.5% in the
global market in terms of revenue.
Some leading companies in this market are Brook Crompton UK Ltd.,
Franklin Electric Co. Inc., Baldor Electric Company Inc., Siemens AG,
Ametek Inc., ARC Systems Inc., Danaher Motion LLC, Johnson Electric
Holdings Ltd., Regal Beloit Corp., Rockwell Automation Inc., Asmo Co.
Ltd., and Allied Motion Technologies Inc.
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