Increasing demand for electric vehicles boosts the Global Induction Motors Market at a CAGR Of 11.65% by 2026

November 29 21:36 2018

The Global Induction Motors Market was valued at nearly $ 12.5 billion in 2018 and is anticipated to reach around $ 33.6 billion by 2026, growing at an estimated CAGR of 11.65% during the forecast period 2018-2026.
According to a new market research report launched by Inkwood Research, The Global Induction Motors Market was valued at nearly $ 12.5 billion in 2018 and is anticipated to reach around $ 33.6 billion by 2026, growing at an estimated CAGR of 11.65% during the forecast period 2018-2026.

Browse 58 market data Tables and 33 Figures spread over 107 Pages along with in-depth analysis on “Global Induction Motors Market is segmented by type (Single Phase, Three Phase) By Application (Commercial, Industrial, Residential) & by Geography.

This insightful market research report by Inkwood Research focuses on market trends, leading players, supply chain trends, technological innovations, key developments and future strategies. The report covers all the aspects of this comprehensive market by assessing major geographies such as North America, Europe, Asia Pacific and Rest of World, and is a valuable asset for the existing players, new entrants and future investors. The study presents a detailed market analysis, with inputs derived from industry professionals across the value chain.

 

Induction Motors Market scenario

Rising demand for electric vehicles across the globe, affordable price of induction motors, low maintenance cost as compared to other motors & technological advancements are the factors proliferating the growth of the induction motors market across the globe.

The Induction Motors Market report provides data tables and includes charts and graphs for visual analysis.

Request Free Sample Report for Induction Motors Market by type, application & Geography: https://www.inkwoodresearch.com/reports/global-induction-motors-market-forecast-2018-2026/#request-free-sample

 

Market Segmentation

On the basis of Type, Induction Motors Market is segmented into:

  • Single Phase
  • Three Phase

On the basis of Application, the Induction Motors Market is segmented into:

  • Commercial
  • Industrial
  • Residential

 

Report Highlights

– The report provides a detailed analysis of the current and future market trends, to identify the investment opportunities
– Market forecasts till 2027, using estimated market values as the base numbers
– Key market trends across the business segments, regions and countries
– Key developments and strategies observed in the market
– Market dynamics such as drivers, restraints, opportunities and other trends
– In-depth company profiles of key players and upcoming prominent players
– Growth prospects among the emerging nations through 2026

Companies Profiled

–        ABB LTD (ASEA BROWN BOVERI)

–        AMETEK ADVANCED MOTION SOLUTIONS

–        BROOK CROMPTON COMPANY

–        DANAHER CORPORATION

–        FUJI ELECTRIC CO., LTD.

–        GENERAL ELECTRIC COMPANY

–        JOHNSON ELECTRIC

–        KIRLOSKAR ELECTRIC CO. LTD.

–        MMC ELECTRIC COMPANY PVT. LTD (DYNAFLUX)

–        NIDEC MOTOR CORPORATION

–        ORIENTAL MOTORS CORPORATION

–        REGAL BELOIT CORPORATION

–        ROCKWELL AUTOMATION, INC.,

–        SIEMENS AG

–        WEG INDUSTRIES

 

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