DUBLIN, Apr. 24, 2014 /PRNewswire/ -- Research and Markets
(http://www.researchandmarkets.com/research/hh5jhw/electric_motors) has announced the addition of the "Concise Analysis of the International Electric Motors Market - Forecasts to 2019" report to their offering.
Increase in revenue is motivating market participants to invest in the electric motors market. Countries across the world are realizing the electricity saving opportunities offered by energy efficient electric motors, prompting them to implement stringent regulations and policies to deploy energy efficient electric motors. Thus, the demand for electric motors is rapidly shifting from standard efficiency electric motors to high and premium efficiency motors.
In 2012, motor vehicles accounted for the largest application segment for electric motors. Due to rising fuel prices and pollution, demand for electric vehicles is rising rapidly in developed and emerging countries such as the U.S., Japan, Germany, China, India and others. This segment is expected to maintain its dominating position in the electric motors market with increasing production of electric vehicles in the next six years. Significant demand for electric motors is also expected from HVAC industry, household appliances and industrial machinery segment.
Asia-Pacific was the largest as well as the fastest growing regional market in the global electric motors market. Growing industrialization and rising disposable income in China, India, Indonesia, Malaysia and several other countries in Asia-Pacific is likely to contribute to the growth of electric motors. North America and Europe is expected to grow blow global electric motors market CAGR through 2013 - 2019. Stringent electricity consumption regulations and government incentive programs for early replacement of low efficient electric motors are expected to drive this growth.
Global electric motors industry looks highly fragmented with large number of international and domestic players. Rising standardization and less price and quality differentiation among competitors is intensifying competition. Some major players in the global electric motors industry include Regal Beloit, Asmo Co Ltd, AMTEK, Baldor Electric Company and Danaher.
Key Topics Covered:
Chapter 1 Preface
Chapter 2 Executive Summary
Chapter 3 Global Electric Motor Market Overview
Chapter 4 Global Electric Motor Market, by Output power 2011 - 2019
Chapter 5 Global Electric Motor Market, by Type 2011 - 2019
Chapter 6 Global Electric Motor Market, by Applications 2011 - 2019
Chapter 7 Global Electric Motor Market, by Geography 2011 - 2019
Chapter 8 Company Profiles
- ARC Systems, Inc.
- Allied Motion Technologies Inc.
- Ametek, Inc.
- Asmo Co., Ltd.
- Baldor Electric Company, Inc.
- Brook Crompton UK Ltd
- Danaher Motion LLC
- Franklin Electric Co., Inc.
- Johnson Electric Holdings Ltd.
- Regal Beloit Corp.
- Rockwell Automation Inc.
- Siemens AG
For more information visit http://www.researchandmarkets.com/research/hh5jhw/electric_motors
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SOURCE Research and Markets