The switched reluctance motor (SRM) is a type of a stepper motor, an electric motor that runs by reluctance torque. Unlike common DC motor types, power is delivered to windings in the stator (case) rather than the rotor. This greatly simplifies mechanical design as power does not have to be delivered to a moving part, but it complicates the electrical design as some sort of switching system needs to be used to deliver power to the different windings. With modern electronic devices, precisely timed switching is not a problem, and the SRM is a popular design for modern stepper motors. Its main drawback is torque ripple.
According to our (Global Info Research) latest study, the global Switched Reluctance Motors market size was valued at USD 564.9 million in 2022 and is forecast to a readjusted size of USD 798.7 million by 2029 with a CAGR of 5.1% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global Switched Reluctance Motors key players include Nidec, AMETEK, VS Technology, Shandong Kehui Power Automation, Maccon GmbH etc. Global top five manufacturers hold a share over 50%.
Europe is the largest market, with a share over 25%, followed by China and Japan, both have a share over 30% percent. In terms of product, <100 KW is the largest segment, with a share over 60%. And in terms of application, the largest application is Industrial Machinery, followed by Automobile Industry and Appliance Industry.
This report is a detailed and comprehensive analysis for global Switched Reluctance Motors market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.
Key Features:
Global Switched Reluctance Motors market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2018-2029
Global Switched Reluctance Motors market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2018-2029
Global Switched Reluctance Motors market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2018-2029
Global Switched Reluctance Motors market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (USD/Unit), 2018-2023
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Switched Reluctance Motors
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Switched Reluctance Motors market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Nidec, AMETEK, VS Technology, Shandong Kehui Power Automation and Maccon GmbH, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Market Segmentation
Switched Reluctance Motors market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
<100 KW
100-500 KW
>500 KW
Market segment by Application
Automobile Industry
Appliance Industry
Industrial Machinery
Others
Major players covered
Nidec
AMETEK
VS Technology
Shandong Kehui Power Automation
Maccon GmbH
Rongjia Motor
Shandong Desen
Huayang
Heliad
Rocky Mountain Technologies
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Switched Reluctance Motors product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Switched Reluctance Motors, with price, sales, revenue and global market share of Switched Reluctance Motors from 2018 to 2023.
Chapter 3, the Switched Reluctance Motors competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Switched Reluctance Motors breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Switched Reluctance Motors market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
Chapter 13, the key raw materials and key suppliers, and industry chain of Switched Reluctance Motors.
Chapter 14 and 15, to describe Switched Reluctance Motors sales channel, distributors, customers, research findings and conclusion.
Summary:
Get latest Market Research Reports on Switched Reluctance Motors . Industry analysis & Market Report on Switched Reluctance Motors is a syndicated market report, published as Global Switched Reluctance Motors Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029. It is complete Research Study and Industry Analysis of Switched Reluctance Motors market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.