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(Transportation-News.com, May 26, 2018 ) The Synchronous Motors Market size will grow from USD 18.31 Billion in 2017 to USD 23.43 Billion by 2023, at an estimated CAGR of 4.2%. The base year considered for the study is 2017, and the market size is projected from 2018 to 2023.
High efficiency associated with synchronous motors, power factor correction capabilities, and stringent regulations are driving the synchronous motors market worldwide. High efficiency associated with synchronous motors makes it superior in comparison to induction motors. This has emerged as a major trend in the synchronous motors market.On the basis of application, the fans segment is the fastest growing for synchronous motors. Most fans usually operate at a fixed speed. However, by using synchronous motors, the speed can be controlled through variable motor speed operation. Meanwhile, the building automation industry i use fans for heating, cooling, and ventilation system. The application of synchronous motors in heating and cooling units has increased significantly in the recent past, and the trend is expected to continue in the future, due to its speed control properties and enhancing electric system efficiency. Different types of fans, such as, cooling tower fans, exhaust fans, induced draft fans, and forced draft fans, are used in the cement, mining, oil & gas, water & wastewater, chemicals & petrochemicals, and pulp & paper industries. Rising energy cost is driving the growth of the synchronous motors market across various industries.
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By Market Players:
ABB Ltd., Siemens AG, General Electric, Rockwell Automation Inc., Toshiba Corporation, WEG SA, Bosch Group, Johnson Electric Holdings Limited, Hitachi Ltd., Emerson Electric Co., Nidec Corporation, Arc Systems Inc.
By Mounting Type:
Horizontal, Vertical
By Voltage Class:
Medium Voltage, Low Voltage
By End-User:
Oil & Gas, Chemicals & Petrochemicals, Mining, Pulp & Paper, Metals
By Application:
Compressors, Pumps, Fans, Conveyer Belts, Extruders
The prime objective of this report is to help the user understand the market in terms of its definition, segmentation, market potential, influential trends, and the challenges that the market is facing. Deep researches and analysis were done during the preparation of the report. The readers will find this report very helpful in understanding the market in depth. The data and the information regarding the market are taken from reliable sources such as websites, annual reports of the companies, journals, and others and were checked and validated by the industry experts. The facts and data are represented in the report using diagrams, graphs, pie charts, and other pictorial representations. This enhances the visual representation and also helps in understanding the facts much better.
Points Covered in The Report:
The points that are discussed within the report are the major market players that are involved in the market such as manufacturers, raw material suppliers, equipment suppliers, end users, traders, distributors and etc.
The complete profile of the companies is mentioned. And the capacity, production, price, revenue, cost, gross, gross margin, sales volume, sales revenue, consumption, growth rate, import, export, supply, future strategies, and the technological developments that they are making are also included within the report. The historical data from 2012 to 2017 and forecast data from 2018 to 2023.
The growth factors of the market is discussed in detail wherein the different end users of the market are explained in detail.
Data and information by manufacturer, by region, by type, by application and etc, and custom research can be added according to specific requirements.
The report contains the SWOT analysis of the market. Finally, the report contains the conclusion part where the opinions of the industrial experts are included.
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Table of Content:
1.Chapter One: Industry Overview
2.Chapter Two: Production Market Analysis
3.Chapter Three: Sales Market Analysis
4.Chapter Four: Consumption Market Analysis
5.Chapter Five: Production, Sales and Consumption Market Comparison Analysis
6.Chapter Six: Major Manufacturers Production and Sales Market Comparison Analysis
7.Chapter Seven: Major Mounting Type Analysis
8.Chapter Eight: Major Voltage Class Analysis
9.Chapter Nine: Industry Chain Analysis
10.Chapter Ten: Global and Regional Market Forecast
11.Chapter Eleven: Major Manufacturers Analysis
12.Chapter Twelve: New Project Investment Feasibility Analysis
13.Chapter Thirteen: Conclusions
Orbis Research
Hector Costello
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sales@orbisresearch.com
Source: EmailWire.Com 
Source: EmailWire.com
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