The major factors driving the growth of this market include the saving of energy and subsequent cost over traditional motors, increasing support from governments worldwide for the adoption of energy efficient motor, rising need to diminish greenhouse effect, and increasing adoption of energy efficient motors in the industrial sector. Energy efficient motors are used in various application areas in the agriculture vertical; these applications include irrigation, ventilation, grain handling, material handling, aeration, and conditioning. Motors are among the largest energy consuming devices on farms. Motors used in the agriculture sector account for 18% of the on-farm energy consumption worldwide. Also, the energy saving solutions are applicable to all segments of the agriculture sector including dairies and livestock producers, nurseries, crop farmers, and food processing companies. This would further propel the growth of the energy efficient motor market during the forecast period.
The pumps application accounted for the largest share of the energy efficient motor market in 2017. Pumps are used in various end-user industries such as water and wastewater, oil and gas, agriculture, and commercial. Further, the pump application is a major shareholder of the energy efficient motor market as the pumps are the major consumer of electricity in the industrial sector.
In 2019, the market size of Energy Efficient Motor is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of 6.4% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Energy Efficient Motor.
This report studies the global market size of Energy Efficient Motor, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Energy Efficient Motor production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
ABB
Siemens
Weg
General Electric
Nidec
Schneider Electric
Rockwell
Crompton Greaves
Bosch Rexroth
Kirloskar Electric
Regal Beloit
Havells
Maxon Motor
Brook Crompton
Toshiba
Market Segment by Product Type
AC Motors
DC Motors
Market Segment by Application
HVAC
Fans
Pumps
Compressors
Refrigeration
Material Handling
Material Processing
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
To analyze and research the Energy Efficient Motor status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Energy Efficient Motor manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
In this study, the years considered to estimate the market size of Energy Efficient Motor are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
Summary:
Get latest Market Research Reports on Energy Efficient Motor. Industry analysis & Market Report on Energy Efficient Motor is a syndicated market report, published as Global (United States, European Union and China) Energy Efficient Motor Market Research Report 2019-2025. It is complete Research Study and Industry Analysis of Energy Efficient Motor market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.