A recent report published by
Infinium Global Research on high efficiency low voltage aluminum motors market
provides in-depth analysis of segments and sub-segments in the global as well
as regional high efficiency low voltage aluminum motors market. The study also
highlights the impact of drivers, restraints, and macro indicators on the
global and regional high efficiency low voltage aluminum motors market over the
short term as well as long term. The report is a comprehensive presentation of
trends, forecast and dollar values of global high efficiency low voltage
aluminum motors market. According to the report, the global high efficiency low
voltage aluminum motors market is projected to grow at a CAGR of 5.4% over the
forecast period of 2019-2025.
High efficiency low voltage
aluminum motors have applications in various industries such as food and
beverage, oil and gas, marine, mining and metals, and others. Awareness about
efficiency standards propel market growth. Companies operating in the
global high efficiency low voltage aluminum motors market are adopting
strategies such as mergers, acquisitions, and new product launches that maximize
their market share.
The rising number of applications
in the food and beverage industry drives the growth of high efficiency low
voltage aluminum motors market. The surge in the adoption of high efficiency
low voltage aluminum motors across various industries owing to their durability
and reliability stimulates the growth of high efficiency low voltage aluminum
motors market. The growing demand for energy-saving motors that enhances the
overall efficiency and reduces cost contributes to the growth of high
efficiency low voltage aluminum motors market. In addition, high efficiency low
voltage aluminum motors are used in mixers, grinders, and conveyers promoting
market growth. On the flip side, lack of information and technical capacity for
evaluating the savings from energy-efficient motors hampers the growth of high
efficiency low voltage aluminum motors market. Moreover, research and
development with novel applications in various industries create numerous
opportunities for the growth of high efficiency low voltage aluminum motors
market.
Based on geography, the global
high efficiency low voltage aluminum motors market is classified into North
America, Asia-pacific, Europe, and the Rest of the World. Europe is expected to
hold a premium share in the global high efficiency low voltage aluminum motors
market. The rising number of applications of these motors across different
industries in Europe stimulates the growth of high efficiency low voltage
aluminum motors market in Europe. Asia-pacific region is anticipated to grow at
a healthy CAGR over the forecast period. The growing automotive industry in
Asia-pacific contributes to the growth of high efficiency low voltage aluminum
motors market in Asia-pacific. North America is showing growth in the global
high efficiency low voltage aluminum motors market.
The report on global high
efficiency low voltage aluminum motors market covers segments such as type,
power, and end-use industry. On the basis of type, the sub-markets include
permanent magnet motor, induction motor, and synchronous motor. On the basis of
power, the sub-markets include 0 KW to 0.75 KW, 0.75 KW to 7.5 KW, 7.5 KW to
15.5 KW, and above 29.5 KW. On the basis of end-use industry, the sub-markets
include mining & metals, marine, food and beverage, paper and food
processing, chemicals and fertilizers, and other end-use industries.
The report provides profiles of
the companies in the market such as Regal Beloit Corporation, Nidec Motor
Corporation, General Electric Company, Danfoss A/S, Siemens AG, Toshiba
Corporation, ABB Ltd., TECO Electric & Machinery Co., Ltd., WEG Industries,
and other companies.
The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of high efficiency low voltage aluminum motors market. Moreover, the study highlights current market trends and provides forecast from 2019-2025. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.
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