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(Transportation-News.com, October 08, 2018 ) This report covers the present scenario (with the base year being 2017) and the growth prospects of global High Speed Motor market for 2018-2023.
High speed motor usually refers to the motor with rotation speed over 10000 rpm. They have the following advantages: Due to their high speed, so the motor power density is high, and power volume is far less than ordinary motor, can effectively save material. Secondly, it is can be connected to the prime mover, cancelled the traditional retarding mechanism, high transmission efficiency, low noise. Also, due to the high speed motor moment of inertia is small, so the dynamic response is fast.
Europe occupied 37.58% of the consumption market in 2017. It is followed by Asia-Pacific and North America, which respectively account for around 32.98% and 19.25% of the global total industry.
High speed motor is widely used Machine Tools, Power Generation, Compressor and Other industry. Machine Tools are the largest application segment of high speed motor, with 38.18% market share in 2017.
For forecast, the global high speed motor would keep increasing with annual growth rate with 3-4%, and a little higher speed in China. We tend to believe that this industry still has a bright future, considering the current demand of high speed motor, as for product prices, the slow downward trend in recent years will continue in the next few years, as competition intensifies. Similarly, there will be fluctuations in gross margin.
Over the next five years, this report projects that High Speed Motor will register a 2.6% CAGR in terms of revenue, reach US$ 530 million by 2023, from US$ 450 million in 2017.
This report presents a comprehensive overview, market shares, and growth opportunities of High Speed Motor market by product type, application, key manufacturers and key regions.
To calculate the market size, this report considers value and volume generated from the sales of the following segments:
Segmentation by product type:
Induction Motor
Permanent Magnet Motor
Other Motor
Segmentation by application:
Machine Tools
Power Generation
Compressor
Other Industry
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:
GE
ABB
Mitsubishi
Siemens
Bosch Rexroth
Emerson
Meidensha
Hitachi
Jing-Jin Electric
Nidec
Toshiba
Synchrony
Fuji Electric
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global High Speed Motor consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of High Speed Motor market by identifying its various subsegments.
Focuses on the key global High Speed Motor manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the High Speed Motor with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of High Speed Motor submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
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