Title: Induction Motor Market worth $15,810.3 Million by 2019
1MarketsandMarkets Presents
Induction Motor Market and is projected to grow
at the highest rate 15,810.3 Million by 2019, at
a CAGR of 12.4 by Geography is estimated to be
the largest market. Publishing Date July 2015
2About our Report
- Induction motors are simple and rugged in
construction. They are used in most of the
industries. The advantages of induction motors
include their robustness and ability to operate
in any environmental condition. DC motors which
were earlier used for industrial applications
have now been replaced by induction motors. - The three phase induction motors are estimated
to grow at a double-digit CAGR from 2014 to 2019.
They are used in lathes, drilling machines,
agricultural and industrial pumps, lifts, cranes,
and so on. The three phase induction motors are
further divided into squirrel cage induction
motors and slip ring induction motors in this
report. - Factors driving the induction motor market
include economical cost and low maintenance of
the induction motors. Induction motors are
economical and maintenance free due to the
absence of brushes, commutators, and slip rings.
3Inside of Report
- Browse
- 40 market data tables.
- 39 figures spread through 67 pages.
- in-depth TOC on Next Generation Biometrics
Market - Global Forecast to 2020.
- This report analyzes and segments the global
induction motor market by type of induction
motors, their application, and geography covered.
The type segmentation includes single phase and
three phase induction motors. - The three phase market, with a major share of
nearly 70 in the global market, is estimated to
grow at a double-digit CAGR during the forecast
period from 2014 to 2019. On the basis of
application, the market is segmented into
residential, industrial, and commercial.
4Table of Content
1 Introduction (Page No. - 9) 1.1 Objectives
of the Study 1.2 Market Segmentation
Coverage 1.3 Stakeholders 2 Research
Methodology (Page No. - 11) 2.1 Integrated
Ecosystem of the Market 2.2 Arriving at the
Market Size . . . . . 10 Appendix (Page No. -
63) 10.1 Customization Options
10.1.1 Product Portfolio Analysis
10.1.2 Country-Level Data Analysis
10.1.3 Product Comparison of Various
Competitors 10.1.4 Trade
Analysis 10.2 Introducing RT Real Time
Market Intelligence 10.3 Related Reports
5Induction Motor
Download Free Sample Pages - http//www.marketsa
ndmarkets.com/pdfdownload.asp?id259165381 Induct
ion motors are the most common electrical motors
used in most applications. Most of the machines
in industries use induction motors. They are
widely preferred by various industries due to
their robustness and ability to operate in any
environmental condition.
6Induction Motor are used in most of the
Industries.
An induction motor works on the principle of
induction where an electro-magnetic field (EMF)
is induced in rotor conductors when the rotating
magnetic field of stator cuts the stationary
rotor conductors. DC motors which were earlier
used for industrial applications have now been
replaced by induction motors.
7Company Coverage
- Nidec Motor Corporation (U.S.),
- ABB Ltd. (Switzerland),
- Siemens AG (Germany),
- WEG Electric Corp. (Brazil),
- Emerson Electric Co. (U.S.),
8Summary
The global induction motor market is expected to
reach a value of 15,810.3 Million by 2019, at a
CAGR of 12.4 during the forecast period. The
application segment, led by the industrial sector
in 2014, had a share of more than 50. It is
projected to reach a value of 7,604.9 Million by
2019 at a CAGR of 11.2. The residential
application market is estimated to grow at the
highest CAGR of 15.2 from 2014 to 2019. In terms
of region, North America is the major market for
induction motors. The three phase market, with a
major share of nearly 70 in the global market,
is estimated to grow at a double-digit CAGR
during the forecast period from 2014 to 2019.
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