Global Induction Motor Market 2015-2019

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Product Synopsis

About Induction Motors

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.

Market analysts forecast the global induction motor market to grow at a CAGR of 12.35% over the period 2015-2019.

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Covered in this Report

This report covers the present scenario and the growth prospects of the global induction motor market during the period 20152019. 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.

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

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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

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Market Challenge

Highly Fragmented Market

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