Global Energy Efficient Motor Market accounted for USD 29.75 billion in 2017 and is projected to grow at a CAGR of 6.9% the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
This energy efficient motor market report offers the most appropriate solution for your business requirements in many ways. To be successful in this competitive age, it is very imperative to get well-versed about the major happenings in the semiconductors&electronics industry which is possible only with the excellent market report like this one. To make you aware about the industry insights so that you never miss anything, this is the valuable market report. The report also analyzes the market status, market share, growth rate, sales volume, future trends, market drivers, market restraints, revenue generation, opportunities and challenges, risks and entry barriers, sales channels, and distributors. Energy efficient motor report not only assists you with the informed decision making but also helps with smart working.
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Competitive Analysis: Global Energy Efficient Motor Market
The global energy efficient motor market is fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market in order to sustain in long run. The report includes market shares of energy efficient motor market for global, Europe, North America, Asia Pacific and South America.
Key Players: Global Energy Efficient Motor Market
The key players in the global energy efficient motor market are Bosch Rexroth, AG Regal, Beloit Corporation, General Electric Microchip Technology, Inc., Johnson Controls Inc., ABB Ltd., Crompton Greaves, Marathon Electric, Schneider Electric SE, Honeywell International, Inc., Baldor Electric Company, Siemens AG, Emerson Electric Company, Kirloskar Electric Company Ltd., Magneteck, Inc.
Market Drivers and Restraints:
Cost effectiveness- saving of energy and subsequent cost over traditional motors.
Increasing support from governments worldwide for the adoption of energy efficient motors.
Rising need to diminish greenhouse effect-environmental sustainability.
High initial cost.
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Market Segmentation: Global Energy Efficient Motor Market
The global energy efficient motor market is based on efficiency level, type, application, vertical and geographical segments.
Based on energy efficiency level, the global energy efficient motor market is segmented into IE1, IE2, IE3 and IE4.
Based on type, the global energy efficient motor market is segmented into AC Motors and DC Motors.
Based on application, the global energy efficient motor market is segmented into HVAC, fans, pumps, compressors, refrigeration, material handling and material processing.
Based on vertical, the global energy efficient motor market is segmented into industrial, commercial building, residential, automotive, agriculture, aerospace and defense.
Based on geography, the global energy efficient motor report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.
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