LONDON, May 14, 2015 /PRNewswire/ -- Key Factors Driving the Market
•Growth of end-user industries increases overall market demand.
•Demand for premium-efficiency motors enhances market growth.
Key Factors Restraining Market Growth
•Low-cost Chinese competitors cause intense price pressure.
•Global economic uncertainty is expected to hamper new investments.
•About x % of products are sold through OEMs, distributors, and system integrators, while a little more than x % is sold directly to end users.
•Technology is in the mature stage for motors, with relatively little technological innovation taking place.
•Motors are commoditized to a fair degree. Competition from local and regional participants and from Asia-Pacific imports make price a key competitive factor.
Major manufacturers focus on the Internet of Things (IoT) to avoid product commoditization and to drive next-generation technologies and applications.
Leading manufacturers focus on achieving higher efficiency in motor design to ensure future success.
Strategic pricing of MV motors and efficient supply-chain management create success in the market.
Green technology and environmentally driven policies are significant long-term sustainable strategies.
Acquisition and market consolidation are essential to tap into the large installed base and drive the retrofit market.
Key Questions This Study Will Answer
Is the MV motors market growing? How long will it continue to grow, and at what rate?
Are existing competitors structured correctly to meet customer needs?
Will existing companies, products, or services in the MV motors market continue to exist over the next five years, or will other markets absorb them?
How will the structure of the MV motors market change with time?
Are existing products and services meeting customer needs, or is additional development needed?
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