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Smart Motors Industry Size, Share, Trends and Analysis

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According to Stratistics MRC, the global smart motors market is accounted for $1.03 billion in 2015 and is expected to reach $1.69 billion by 2022 growing at a CAGR of 7.21% from 2015 to 2022.
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Smart Motors Market Size, Share, Global Insights, Analysis and
Outlook, Emerging Trends and Research Report by Market Reports
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Summary
According to Stratistics MRC, the global smart motors market is accounted for $1.03 billion in 2015
and is expected to reach $1.69 billion by 2022 growing at a CAGR of 7.21% from 2015 to 2022. The
smart motors market has been witnessing remarkable growth, mainly driven by its energy efficient
nature. Cost reduction of equipment along with increasing effectiveness, increasing demand for smart
motors in various speed adjustable applications and requirement of less onsite and wiring space are
the key factors driving the market growth.
On the other hand, low implementation rate and huge capital investment are restraining the market.
Increasing smart motors in industrial applications and integration of internet of things in industrial
processes offer great investment opportunities for players in the market.
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Industrial sector leads the market globally with the largest market share and is expected to grow at the
highest CAGR during the forecast period. North America accounted for the largest market share
strongly driven by the advanced infrastructure. The U.S. is likely to remain as the key market for smart
motors throughout the forecast period driven by its high adoption rate and development. The Asia
Pacific smart motors market is anticipated to grow at the highest CAGR amongst all regions due to
rapid industrialization in emerging nations such as China and India.
Some of the major players in the global market include, Schneider Electric SE, General Electric Co.,
Siemens AG, Teknatool International Ltd, ABB Ltd., Rockwell Automation, Inc., Moog Animatics,
Lenze Group, Technosoft SA, Robotshop, Inc., Fuji Electric Co. Ltd., ebm - papst Group, MDC
Vacuum Products LLC. and Roboteq, Inc.
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Component Types Covered:
Motor
Variable Speed Drive
ntelligent Motor Control Center
Applications Covered:
Automotive
Aerospace & Defense
Commercial
Consumer Electronics
Industrial
Residential
Other Applications
What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the
regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities,
and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancement
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Table Of Content
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
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2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Product Analysis
3.7 Emerging Markets
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
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Connect for more details:
Sam Collins
Market Reports Center
1-646-883-3044 (US)
[email protected]
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