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NewswireTODAY - /newswire/ -
Boston, MA, United States, 2019/10/14 - According to the new market research report launched by Inkwood Research, The Global Induction Motor market was $13,928.45 million in 2018 and is anticipated to hit nearly $37,717.32 million by 2027, at a CAGR of 11.76%, during 2019-2027.
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Browse 22 market data Tables and 35 Figures spread through 219 Pages and in-depth analysis on Global Induction Motor market by Type (Single phase induction motor, Three phase induction motor), Application (Commercial, Industrial, Residential) and by Geography.
This insightful market research report from Inkwood Research focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies. With comprehensive market assessment across the major geographies such as North America, Europe, Asia Pacific, and Rest of World, the report is a valuable asset for the existing players, new entrants, and the future investors. The study presents detailed market analysis with inputs derived from industry professionals across the value chain.
Induction Motor market scenario
The rising demand for electric vehicles across the globe, the affordable price of induction motors, low maintenance cost as compared to other motors, technological advancements in induction motors, surging automation industries and the growing demand for energy-efficient motors are primarily driving the growth of the Global Induction Motor market.
The Induction Motor market report provides data tables, includes charts and graphs for visual analysis.
Request Free Sample Report for Global Induction Motor market by Type, Applications & Geography.
Market Segmentation
On the basis of Type, the Global Induction Motor market is segmented as follows:
• Single phase induction motor
• Three phase induction motor
On the basis of Application, the Global Induction Motor market is segmented as follows:
• Commercial
• Industrial
• Residential
Report Highlights
- The report provides a detailed analysis of current and future market trends to identify the investment opportunities
- Market forecasts till 2027, using estimated market values as the base numbers
- Key market trends across the business segments, regions and countries
- Key developments and strategies observed in the market
- Market dynamics such as drivers, restraints, opportunities and other trends
- In-depth company profiles of key players and upcoming prominent players
- Growth prospects among the emerging nations through 2027
Companies Profiled
• ABB LTD. (ASEA BROWN BOVERI)
• AMETEK ADVANCED MOTION SOLUTIONS
• BROOK CROMPTON COMPANY
• DANAHER CORPORATION
• FUJI ELECTRIC CO., LTD.
• GENERAL ELECTRIC COMPANY
• JOHNSON ELECTRIC
• KIRLOSKAR ELECTRIC CO., LTD.
• MMC ELECTRIC COMPANY PVT. LTD. (DYNAFLUX)
• NIDEC MOTOR CORPORATION
• ORIENTAL MOTOR CORPORATION
• REGAL BELOIT CORPORATION
• ROCKWELL AUTOMATION, INC.
• SIEMENS AG
• WEG ELECTRIC CORPORATION
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