Induction Motor Market - Forecast(2022 - 2027) - PowerPoint PPT Presentation

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Induction Motor Market - Forecast(2022 - 2027)

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Induction Motor Market Size is forecast to reach $54.2 billion by 2026, at a CAGR of 6.5% during 2021-2026. An induction motor is an AC electric motor in which torque is produced by the reaction between a varying magnetic field generated in the stator and the current induced in the coils of the rotor. – PowerPoint PPT presentation

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Title: Induction Motor Market - Forecast(2022 - 2027)


1
Induction Motor Market Market size, Industry
outlook, Market Forecast, Demand Analysis, Market
Share, Market Report 2022-2027
Contact Venkat Reddy sales_at_industryarc.com
(1) 970-236-3677
2
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  • Induction Motor Market Size is forecast to reach
    54.2 billion by 2026, at a CAGR of 6.5 during
    2021-2026.
  • An induction motor is an AC electric motor in
    which torque is produced by the reaction between
    a varying magnetic field generated in the stator
    and the current induced in the coils of the
    rotor.
  • It is used in a majority of machinery, as it is
    more powerful and eco-friendly compared to the
    conventional motors in the market.

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  • Key Takeaways
  • The rising demand for efficient energy usage over
    concerns of environmental impact of energy
    generation from conventional sources such as coal
    and natural gas, is expected to help grow the
    Induction Motor market in APAC.
  • The inner rotor segment is growing at a
    significant CAGR rate of 7.1 in the forecast
    period. In inner rotor type motors, rotors are
    positioned at the centre and surrounded by stator
    winding. 
  • Automotive sector is expected to witness a
    highest CAGR of 8.9 the forecast period.

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Induction Motor Market Segment Analysis - By
Rotor Type Three Phase segment is growing at a
significant CAGR of 11.1 in the forecast period.
A three phase induction motor is a type of AC
induction motors which operates on three phase
supply. These three phase induction motors are
widely used AC motor to produce mechanical power
in industrial applications. Almost 70 of the
machinery in industrial applications uses
three-phase induction motors, as they are
cost-effective, robust, maintenance-free, and can
operate in any environmental condition. Moreover,
induction motors are the most used in industry
since they are rugged, inexpensive, and are
maintenance free.
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  • Induction Motor Market Outlook
  • ABB Ltd.
  • AMETEK, Inc.,
  • Johnson Electric Holdings Limited,
  • Siemens AG, Rockwell Automation,
  • Toshiba Corp.,
  • Hitachi Ltd.,
  • Nidec Corporation,
  • ARC Systems Inc.

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Induction Motor Market -
Forecast(2022 - 2027) Learn More About the
Report _at_ https//www.industryarc.com/Report/154
17/induction-motor-market.html
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  • You Can Customize the Report as Per Your Need.
    We have included Some Customization Options
  • Company Profile
  • Analyst Briefing
  • Data Tables
  • Key Contacts
  • Free Customization
  • Purchase Full Report _at_ https//www.industryarc.com
    /purchasereport.php?id15417

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8
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For More Details Contact Venkat
Reddy Contact (1) 970-236-3677 Email
sales_at_industryarc.com Connect with us on LinkedIn
_at_ http//www.linkedin.com/company/industryarc
Contact (1) 970-236-3677
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