Medium and High Power Motors Market

Medium and High Power Motors Market- Increasing Replacement Of Outdated Electric Motors Will
Also Augment The Market Growth
According to a recent market research report released by Transparency Market Research,
the global medium and high power motors market is expected to develop at a CAGR of 7.3%
during the period between 2013 and 2019. The report, titled “Medium and High Power Motors
Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019”,
estimates the global medium and high power motors market to be valued at US$69.91 billion
by 2019.
Browse Full Medium and High Power Motors Market - Global Industry Analysis, Size, Share,
Growth,
Trends
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2013
2019 report
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The report points out that the positive outlook of manufacturing industries and incentive for
energy efficient electric motor driven systems will boost the growth of the global medium and
high power motors market. Increasing replacement of outdated electric motors will also
augment the market growth. However, volatility in raw material price and high purchase price
of energy efficient motors will restrain the growth of the overall market. The global medium
and high power motors market has a huge opportunity to grow with the production of high and
premium efficiency motors.
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On the basis of motor type, the global medium and high power motors market has been divided
into AC motors and DC motors. AC motors have been sub-segmented into single phase motors
and three phase motors. DC motors have been further segmented into brushless motors and
brushed motors. AC motors segment held 79.4% of the market revenue in 2012 and is expected
to continue its dominance over the next couple of years. According to efficiency class, the
report categorizes the global medium and high power motors market into IE1, IE2, IE3, and
non-regulated motors. The market has been dominated by IE2 efficiency class motors. The IE2
efficiency class motors have been adopted across several countries and accounted for 70.7% of
the market, in terms of revenue in 2012. In North America, the use of IE3 class motors has
become mandatory. During the forecast horizon, IE3 class motors are expected to witness a
significant growth due to implementation of mandatory regulations to use premium efficiency
motors across different countries.

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