Electric Motor Market increases the efficiency of the application by approximately 20%
“Global Electric Motor Market (Motor Types, Applications, Output Power, Geography)” Order This Report by calling BigMarketResearch.com at +1-971-202-1575.
Electric Motors market is in a mature stage of its lifecycle and has the potential to even grow further. The market has been witnessing tremendous technological advancements in the last few years due to which, the current electric motor market is gaining traction. The market is quickly shifting towards highly efficient electric motor systems. The electric motors find wider adoption in industrial fans, compressors, pumps, lathe machines, machine tools, domestic appliances, heating ventilating and air conditioning applications, disk drives, power tools, electric cars and automated robots. The highly efficient motors, which are also called as premium efficiency motors, are gaining importance over standard motors due to varied benefits such as longer operating life, low energy consumption, low maintenance, tolerance for fluctuating voltages, etc. Low energy consumption is an ace advantage of energy efficient motors over standard motors. Although expensive than conventional motors, the long term environmental benefits offered by the premium motors tend to outweigh the initial premium cost of these motors. The use of premium motors increases the efficiency of the application by approximately 20% as compared to standard motors, which in-turn saves the cost of energy consumed. The need for improved efficiency and low power consumption would continue to generate demand for high efficiency motors.
Get sample copy of report @ https://goo.gl/hT1PNy
The availability of energy efficient motors gives rise to its demand in industrial and agricultural sector, which drives the electric motors market, the widespread awareness of the green vehicles amongst customers and increasing number of government incentives to promote green vehicles in order to safeguard the environment from carbon emissions is ultimately contributing to the growth of the electric motors market. Therefore, the electric cars are in great demand amongst customers and ceasing this opportunity, the market players are launching different electric cars to meet the customer demands. Telsa, a giant in manufacturing electric cars has launched an electric car in North American region and has plans to launch its next electric car in the European market. The Department of Energy estimated that the sales of hybrid vehicle have increased from 10,000 million units in 2010 to 430,000 million units in 2012.
Check discount on report @ https://goo.gl/OQFG7b
The report provides an overview of the global market, with special reference to market trends, market structure, driving factors, challenges in the industry, scope and opportunities in the electric motor market.
The current and future trends in the global market would assist stakeholders to get a micro level understanding of the market.
Porters Five Forces model is used to analyze the potency of buyers & suppliers, and the competitive structure of the market, which would enable market players to develop effective strategies
The segmental study of the global market provides in-depth analysis of the type of motors, latest technologies in the market, their applications and end users of the motors in various geographies
Drivers & opportunities are examined to identify the current factors which are responsible for the growth of the market and upcoming technologies that would help the market to grow in future.
Value chain analysis provides a systematic study of the key intermediaries involved, which would in turn help the stakeholders to formulate appropriate strategies
The global electric motors market is segmented by type of motors, output power, applications and geography.
Market by Type of Motors
Alternating Current (AC) Motor
Synchronous AC Motor
Induction AC Motor
Direct Current (DC) Motor
Brushed DC Motor
Brushless DC Motor
Market by Output Power
Integral Horsepower (IHP) Output
Fractional Horsepower (FHP) Output
Market by Applications
Heating Ventilating and Cooling (HVAC) Equipment
Aerospace and Transportation
Other Commercial Applications
Market by Geography
Get complete report @ http://www.bigmarketresearch.com/electric-motor-market
About Company :
Big Market Research uniqueness lies in its highly ethical reports at economical rates because we value your relationship and growth more than money. Your growth is our aim. With the arsenal of different search reports, we help you here to look and buy research reports that will be helpful to you and your organization. Our research reports have the capability and authenticity to support your organization for growth and consistency. With the window of opportunity getting open and shut at a speed of light, it has become very important to survive in the market and only the fittest and competent enough can do so. So, we try and provide with latest changes in the market that can suit your needs and help you take decision accordingly.
Contact Us :
5933 NE Win Sivers Drive,
#205, Portland, OR 97220
Direct :+ 1-503-894-6022
Toll Free : + 1-800-910-6452