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Motor Management Market worth 4.03 Billion USD by 2023

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Motor Management for electrical motors carry out multiple functions such as starting, stopping, and protecting motors and their operational control. Motor Management integrate hardware and software to control the motors. Motor Management are used in several industrial applications where multiple remotely controlled loads are connected to a control point. The motor management market was valued at USD 2.95 Billion in 2016 and is expected to reach USD 4.03 Billion by 2023, at a CAGR of 5.35% between 2017 and 2023. – PowerPoint PPT presentation

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Title: Motor Management Market worth 4.03 Billion USD by 2023


1
MarketsandMarkets Presents Publishing
Date August 2015
Motor Management Market worth 4.03 Billion USD by
2023
2
About our Report
                     
               
  • The motor management market was valued at USD
    2.95 Billion in 2016 and is expected to reach USD
    4.03 Billion by 2023, at a CAGR of 5.35 between
    2017 and 2023.
  • The objective of the report is to provide a
    detailed analysis of the motor management market,
    based on type, product service, voltage range,
    control, application, industry, and region. The
    report provides detailed information regarding
    the major factors influencing the growth of the
    motor management. It also offers a detailed
    overview of the value chain in the motor
    management and analyzes market leaders through
    competitive leadership mapping.

3
(No Transcript)
4
Inside of Report
  • Browse
  • 72 market data tables.
  • 72 figures spread through 167 pages.
  • in-depth TOC on Motor Management Market -
    Global Forecast to 2023

                     
               
Asia Pacific held the largest share of the motor
management market among all the regions under
study in 2016, and the trend is expected to
continue between 2017 and 2023 There has been a
tremendous rise in industrialization and
urbanization in India and China over the past
decade, driving the demand for activities in
mining, food beverages, chemicals, and water
and wastewater treatment industries. Furthermore,
there has been a rise in industrial automation
despite the availability of cheap labor because
of the high need for energy efficiency and the
growing demand for automation. Moreover, the
Southeast Asian countries in the region are
planning to reduce their carbon emissions by
2020. Thus, the increasing energy efficiency
investments and carbon emission targets are the
key factors driving the motor management market
in the region.
5
Table of Content
                     
  • 1 Introduction (Page No. - 16)
  • 1.1 Objectives of the Study
  • 1.2 Definition
  • 1.3 Study Scope
  • 1.3.1 Markets Covered
  • 1.3.2 Years Considered for the Study
  • 1.4 Currency
  • 1.5 Limitations
  • 1.6 Stakeholders
  • 2 Research Methodology (Page No. - 19)
  • 2.1 Research Data
  • 2.1.1 Secondary Data.
  • .
  • .
  • 16 Appendix (Page No. - 158)
  • 16.1 Insights of Industry Experts
  • 16.2 Discussion Guide
  • 16.3 Knowledge Store Marketsandmarkets
    Subscription Portal

               
6
Motor Management
Download Free Sample Pages -
http//www.marketsandmarkets.com/pdfdownload.asp?i
d210321575
7
Company Coverage
                     
  • General Electric (US)
  • Texas Instruments (US)
  • Siemens AG (Germany)
  • Schneider Electric SE (France)
  • ABB Ltd. (Switzerland)
  • Analog Devices, Inc., (US)
  • Eaton Corporation Plc (Ireland)
  • Mitsubishi Electric Corporation (Japan)
  • Rockwell Automation (US), and Hitachi, Ltd (Japan)

               
8
Summary
The motor management market is expected to be
worth USD 4.03 Billion by 2023, growing at a CAGR
of 5.35 between 2017 and 2023. The growth of
this market is mainly driven by the rising demand
for smart, multifunctional, integrated motor
control, and protection devices, as well as the
need for reducing unplanned industrial
downtime. The motor management market has been
segmented on the basis of type, product
service, voltage range, control, application,
industry, and geography. The motor management
market for synchronous motor is expected to grow
at a higher CAGR between 2017 and 2023. The
rotation period of a synchronous motor is exactly
equal to an integral number of the frequency of
the supply current. Synchronous motors are mainly
operated at a wide range of power factors in both
lagging and leading voltage conditions.
Synchronous motors are not self-starting but
require an external force. Motor managements
provide the necessary conditions to start,
control, and monitor the failsafe condition of a
synchronous motor.
9
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    clients grow by providing apt business insight
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    http//www.marketsandmarkets.com/Market-Reports/mo
    tor-management-market-210321575.htmlContactMar
    ketsandMarkets Research Private Ltd.
  • Magarpatta SEZ,
  • Hadapsar, Pune-411013, India
  • 1-888-600-6441
  • sales_at_marketsandmarkets.com

10
Thank You
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