Synchronous Motors Market Size and Growth Factors Research and Projection to 2021

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Synchronous Motors Market report categorizes
global market by Mounting Type (Horizontal
Vertical), Power Rating, Application (Oil Gas,
Power, Transportation), Region
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"Synchronous Motors Market by Mount Type
(Horizontal and Vertical), Voltage (LV and MV),
End User (Oil Gas, Chemicals Petrochemicals,
Metals, Mining, Pulp and Paper), Application, and
by Region - Global Trends Forecasts to
2021 The synchronous motors market is expected
to grow from an estimated USD 17.83 Billion in
2016 to USD 21.49 Billion by 2021, at a CAGR of
3.8. High efficiency, power factor correction
capabilities, and stringent regulations are
driving the synchronous motors market across the
globe. PDF Brochure https//www.marketsand
markets.com/pdfdownload.asp?id388719

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Horizontal mount synchronous motors accounted
for the largest share of the market in
2015 Among different types of mounting, i.e.,
vertical and horizontal, horizontal mount
synchronous motors accounted for the largest
market share in 2015. Horizontal mounted motors
are used in the chemical, printing and packaging,
and construction industries, among others. These
industries are growing rapidly in the developing
economies of India, China, and Indonesia which
has made the Asia-Pacific the largest market for
horizontal mounted synchronous motors. Request
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Oil gas and chemicals end-user segment are
responsible for the global demand for synchronous
motors The extraction of oil gas from
deep-water requires differential pressure
equipment. These pressure requirements are easily
met by highly efficient synchronous motors. With
recovery in oil prices and increase in projected
demand for oil gas, oil companies are
refocusing on deep-water exploration and
production activities. As a result, oil gas
exploration and production focus has shifted from
mature onshore fields to offshore oilfields.
Chemicals and petrochemicals is another segment
contributing to the demand for synchronous
motors. In this segment, synchronous motors are
used to transport liquid in pressure vessels,
pressurizing tanks, for spot cooling, and
moulding plastics. Request for Customization
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The Asia-Pacific is the dominant market for
synchronous motors In this report, the
synchronous motors market has been analyzed with
respect to six regions, namely, North America,
South America, Europe, Asia-Pacific, Middle East,
and Africa. The Asia-Pacific is expected to
dominate the global synchronous motors market
owing to growth in manufacturing industries and
increasing awareness about energy efficiency in
the region. To provide an in-depth understanding
of the competitive landscape, the report includes
profiles of some of the leading players in the
synchronous motors market, namely, ABB Limited
(Switzerland), Nidec Corporation (Japan), ,
Rockwell Corporation (U.S.), Siemens AG
(Germany), General Electric (U.S.), WEG S.A.
(Brazil), , Toshiba Corporation (Japan), Johnson
Electric Holding Ltd. (Hong Kong), Emerson
Electric (U.S.), among others. Request Sample _at_
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