Energy Efficient Low Horsepower AC Motors Market (2013 - 2018): Product, Current, Application & Geography

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Apr 23, 2014, 12:11 ET

DUBLIN, Ireland, April 23, 2014 /PRNewswire/ --

Research and Markets (http://www.researchandmarkets.com/research/pjmgxr/energy_efficient) has announced the addition of the "Energy Efficient Low Horsepower AC Motors Market (2013 - 2018): Product, Current, Application & Geography" report to their offering.
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The rising energy costs and various steps taken up by governments across the world regarding the benefits of using energy efficient motors are expected to push the demand for energy efficient low horsepower AC motors, used in low-power requirement applications. A number of standards have been ratified over the years for manufacturers to produce more energy efficient motors. Some of the important standards are Minimum Energy Performance Standard (MEPS), NEMA, and EPAct,among many others.

Energy-efficient motors are manufactured using higher quality raw materials and newer technologies that comply with the energy-efficiency standards. In addition, the favorable policies and incentives offered by governments to support the energy saving products have also pushed the OEMs to grab the newer opportunities. The maintenance, operation and energy costs of energy efficient low horse power AC motors contribute, significantly, towards the life cycle costs;resulting in higher demand by end customers, for better energy saving products.

The energy efficient market is expected to reach $44.32billion by the end of 2018, at a CAGR of 11.91% from 2013 to 2018. The key players in the touch-less sanitary equipment market are iTouchless (U.S.), and Simplehuman LLC (U.S.). The major companies in the market are ABB Ltd. (Switzerland), Regal Beloit (U.S.), Siemens AG (Germany), WEG Industries (Brazil) and Crompton Greaves (India), among many others.

The demand for consumer appliances in the APAC region, especially, in emerging economies like India and China, is a definite driver for the energy efficient low horsepower AC motors market.

Key Topics Covered:

1 Introduction

2 Executive Summary

3 Market Overview

4 Market By Type

5 Market By Applications

6 Market By Geography

7 Competitive Landscape

8 Company Profiles