Induction Motor Market: Future Forecast Indicates Impressive Growth Rate by 2026 - PowerPoint PPT Presentation

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Induction Motor Market: Future Forecast Indicates Impressive Growth Rate by 2026

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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: Future Forecast Indicates Impressive Growth Rate by 2026


1
Induction Motor Market Market  Forecast (2021 -
2026)Market size, Industry outlook, Market
Forecast, Demand Analysis, Market Share, Market
Report 2021-2026
Contact Venkat Reddy sales_at_industryarc.com
(1) 970-236-3677
2
Download PDF Brochure
  • 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.
  • North America has significant share in global
    induction motor market due to a developed usage
    of an induction motor in the significant
    industrial manufacturing, aerospace defense,
    and automotive companies.

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3
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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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4
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By Vertical - Segment Analysis Automotive sector
is expected to witness a highest CAGR of 8.9 in
the forecast period, owing to various factors
such as increase in sales of electric vehicles
due to rising concerns over greenhouse gases
emissions, and favorable government policies in
countries such as India, China and so on. In
addition, the shift towards industrial
automation, coupled with the rising consumer
confidence promising investment plans triggers
demand for the induction motor in industrial
application.
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5
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  • Induction Motor Market Market- Competitive
    Landscape 
  • ABB Ltd. AMETEK Inc.
  • Johnson Electric Holdings Limited
  • Siemens AG
  • Rockwell Automation
  • Toshiba Corp.
  • Hitachi Ltd.
  • Nidec Corporation

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6

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Induction Motor Market Market Forecast (2021 -
2026) Learn More About the Report _at_
https//5g3z.short.gy/51zAKh

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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//5g3z.short.gy/mRK2ig

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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
Inquiry Before Buying
Email sales_at_industryarc.com
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