Smart Motors Market PPT: Demand, Trends and Business Opportunities 2023-28

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Global Smart Motors Market Research and Forecast
Report 2023-2028




Author Elena Anderson, Marketing Manager
IMARC Group
Copyright IMARC Service Pvt Ltd. All Rights
Reserved
2019 IMARC All Rights Reserved
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About IMARC Group
Report Description
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Report Description and Highlights
Report Description
Global Smart Motors Market Research Report The
latest report by IMARC, titled Smart Motors
Market Global Industry Trends, Share, Size,
Growth, Opportunity and Forecast 2023-2028 " the
global smart motors market reached a value of US
2.7 Billion in 2022. Smart motors are mainly
designed by combining advanced electronics and
mechanical expertise.They are generally used for
monitoring the rotation speed, angular position
and the torque and acceleration applied to the
output pit. Additionally, they utilize the
functionality of a motor, control unit and speed
controlling devicethat aids in carrying out
variousmethods effectively and efficiently.
Besides this, they provide a smooth
deceleration and acceleration process that
protects the system mechanics. In comparison to
traditional motors, smart motors are more
energy-efficientand provide enhanced control over
internal cooling while having minimal heat loss
and downtime, thus facilitating smooth
functioning. Request Free Sample Report
https//www.imarcgroup.com/smart-motors-market/req
uestsample
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Report Description and Highlights
Report Description

Global Smart Motors Market Trends The global
market is primarily driven by the increasing
demand for automation in the industrial sector.
This is impelled by rapid industrialization and a
growingemphasis on reducing the downtime drive,
along with the augmenting demand for motors with
superior process control.In addition to this, an
enhanced focus on sustainable development and the
rising initiatives for smart city development
across multiple countries are providing lucrative
growthopportunitiesformarket players. Moreover,
continual technological advancements, such as the
manufacturing of smart motors using switched
reluctance (SR) technology that reduces the need
for frequent maintenance while increasing its
efficiency, are positively influencing the
market. Also, the introduction of
smartphone-controlled smart motors, along with
the widespread integration of the internet of
things (IoT) withindustrial processes, are
creating a positive market outlook. Furthermore,
the rising requirement for adjustable speed in
several industrial applications, including
pumping systems and material handling, is
providing a boost to the demand for smart motors.
Some of the other factors driving the market
growth include continuous innovations in product
variants and extensive research and development
(RD) activities conducted by key players. On
account of the aforementioned factors,the market
is anticipated to reach a value of US 3.8
Billion by 2028, growing at a CAGR of 5.47
during 2023-2028. Looking forward, the market
value is projected to reach a strong growth
during the forecast period (2023-2028).
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Report Description and Highlights
Report Description
Market Summary Breakup by Component V
ariable Speed Drive Intelligent Motor Co
ntrol Center Motor Breakup by Product
24V 18V 36V
48.24V Breakup by Application Automo
tive Aerospace and Defense Oil
and Gas Metal and Mining Wate
r and Wastewater Treatment Others

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Report Description and Highlights
Report Description
Breakup by Region North America
United States Canada
Asia-Pacific China
Japan India
South Korea Austra
lia Indonesia
Others Europe Germany
France United
Kingdom Italy
Spain Russia

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Report Description and Highlights
Report Description
Others Latin America
Brazil Mexico
Others Middle East and
Africa

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Report Description and Highlights
Report Description

• Competitive Landscape with Key Players
• ABB Ltd Dunkermotoren GmbH (AMETEK Inc.) Fuji Elec
  tric Co. Ltd. (Furukawa Co. Ltd.)
  General Electric Company Moog Inc. Nidec Corporati
  on RobotShop Inc. Rockwell Automation Inc. Schneid
  er Electric SE Siemens AG Technosoft SA
• View Full Report with TOC List of Figure
  https//www.imarcgroup.com/smart-motors-market

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Partial List of Clients
We are the trusted business partners to the
world's leading corporates, governments, and
institutions
A partial List of our Clients
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Partial List of Clients
We are the trusted business partners to the
world's leading corporates, governments, and
institutions
A partial List of our Clients
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Report Description and Highlights
Report Description

2019 IMARC All Rights Reserved This
Publication and all its contents unless
otherwise mentioned are copyrighted in the name
of International Market Analysis Research and
Consulting (IMARC). No part of this publication
may be reproduced, repackaged, redistributed or
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without the express consent of International
Market Analysis Research and Consulting
(IMARC). Disclaimer All contents and data of
this publication, including forecasts, data
analysis and opinion have been based on
information and sources believed to be accurate
and reliable at the time of publishing.
International Market Analysis Research and
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trademarks of their respective companies.
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