AC Electric Motor Sales in Oil and Gas Market by Power Rating, Type and Geography - Forecast and Analysis 2023-2027

Published: Mar 2023

Pages: 167

SKU: IRTNTR43147

Snapshot

The Global AC Electric Motor Sales in Oil and Gas Market size is estimated to grow by USD 3,250.86 million between 2022 and 2027 accelerating at a CAGR of 5.48%.

The growth of the market depends on several factors, including an increase in oil and gas demand, a rising number of E&P activities, and growing investments in refineries. However, challenges such as the environmental impacts of oil and gas activities might hinder market growth. But industrial experts are focussing on market opportunities such as increasing adoption of modular mini refineries to overcome the challenges and boost the market growth.

This AC electric motor sales in oil and gas market report extensively cover market segmentation by power rating (less than 1kV, between 1 kV and 6.6 kV, and greater than 6.6 kV), type (induction motor and synchronous motor), and geography (APAC, Middle East and Africa, North America, Europe, and South America). It also includes an in-depth analysis of drivers, trends, and challenges.

What will be the size of the AC Electric Motor Sales in Oil And Gas Market During the Forecast Period?

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Technavio’s Exclusive AC Electric Motor Sales in Oil and Gas Market Customer Landscape

The report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Global AC Electric Motor Sales in Oil and Gas Market Customer Landscape

Key Drivers, Trends, and Challenges

Our researchers studied the data for years, with 2022 as the base year and 2023 as the estimated year, and presented the key drivers, trends, and challenges for the market. Although there has been a disruption in the growth of the market during the COVID-19 pandemic, a holistic analysis of drivers, trends, and challenges will help companies refine marketing strategies to gain a competitive advantage.

Key Driver

Increasing demand for oil and gas is notably driving the market growth. Rapid urbanization in developing nations is accompanied by a significant rise in energy demand. As a result, more liquid fuels and natural gas are being consumed. Oil and natural gas are in high demand due to the rising global demand for electricity and fuel. Global liquid fuel consumption increased from 99.97 mbpd in 2018 to 100.75 mbpd in 2019, according to the US EIA. Additionally, it is anticipated that by 2021, the world will consume 102.85 mbpd of liquid fuel.

The demand for E&P machines, equipment, and components is growing at the same time as the demand for oil and gas. Hence, the demand for AC electric motors, which have a variety of uses in both the upstream and downstream segments of the oil and gas industry, is also rising. Therefore, the rise in the global demand for oil and gas is driving the growth of the market during the forecast period.

Significant Trends

The increasing adoption of modular mini refineries is an emerging trend in the market. For producers of diesel and other petrochemicals in remote areas, modular mini refineries are a flexible and affordable supply option. The simplicity, speed, and relatively low capital cost of modular mini refineries are their main advantages. The best places to use modular mini-refineries are in remote areas and developing nations where there is a high demand for diesel, gasoline, and fuel oil.

Furthermore, refineries that are modular require less land than conventional refineries because they are smaller. The adoption of these refineries is rising because they provide process flexibility and aid in increasing refinery capacity. For instance, the Nigerian National Petroleum Company Limited (NNPC) reports that in March 2023, oil production in Nigeria averaged 1.59 million barrels per day. As the adoption of modular mini refineries in remote areas increases, the demand for modular refinery components such as AC electric motors also increases. Therefore, these factors will drive the growth of the market during the forecast period.

Major Challenge

Environmental impacts of oil and gas activities are major challenges impeding the market growth. In addition to being used as fuel for automobiles and buildings, oil and gas are also used in the production of goods like plastic and fertilizer. Oil and gas products certainly make life easier, but oil and gas E&P activities are bad for the environment. Oil spills, air and water pollution from toxic chemical emissions, and climate change from methane emissions are a few of the ways that oil and gas drilling activities harm the environment. Deep-water oil and gas exploration also involves firing air guns across the seabed, which causes strong shocks that can harm various marine species' hearing.

Additionally, the oil and gas industry's activities for oil refining have a significant negative impact on the environment. Different toxic chemicals, such as ammonia, hydrocarbons, sulfides, and phenol, are present in varying concentrations in the effluents of oil refineries. The refineries' ambient environment can be fatally impacted by the toxic effluents, which can also have an adverse effect on the health of the surrounding life forms. Therefore, environmental concerns have an adverse impact on oil and gas activities. It might result in the implementation of strict regulations, which could have an effect on the oil and gas sector and, as a result, would hinder the expansion of the global market during the forecast period.

Who are the Major AC Electric Motor Sales in Oil and Gas Market Vendors?

Vendors are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

Elektrim Motors - The company designs and manufactures NEMA and IEC Metric low-voltage AC motors. The key offerings of the company include AC electric motors such as Premium A-line series AC electric motors.

FLANDERS Inc. - The company offers motors, DC to AC upgrades, power distribution, controls and automation, field service, and drives and starters. The key offerings of the company include AC electric motors such as MAC motors and ME motors.

We also have detailed analyses of the market’s competitive landscape and offer information on 15 market vendors, including:

Technavio report provides an in-depth analysis of the market and its players through combined qualitative and quantitative data. The analysis classifies vendors into categories based on their business approaches, including pure-play, category-focused, industry-focused, and diversified. Vendors are specially categorized into dominant, leading, strong, tentative, and weak, based on their quantitative data analysis.

AC Electric Motor Sales in Oil and Gas Market Segmentation by Power Rating, Type, and Geography:

Power Rating Segment Analysis:

The market share growth of the less than 1 kV segment will be significant during the thee forecast period. The less than 1 kV segment includes all the AC electric motors having a power rating of less than 1 kV. The segment showed a gradual increase in market share with USD 4,954.20 million in 2017 and continued to grow by 2021. The less than 1 kV segment had the dominating share in the global AC electric motor sales in the oil and gas market in 2022.

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Electric motors play an essential role in power tools, pumps, and other machinery because of rapid industrialization, particularly in the oil and gas sector. The demand for energy-efficient motors is rising as a result of rising electricity prices and stricter power consumption regulations. The need for AC electric motors may increase in a number of industries, including oil and gas, due to the rising demand for motors with higher operating efficiencies. Other key factors that are driving the growth of the market segment are the deployment of electrical equipment and machinery in the oil and gas industries and renewable energy sectors. Hence, all these factors will fuel the segment growth during the forecast period.

Type Segment Analysis:

Induction motors are used in many different tools used in refineries and E&P operations in the oil and gas sector. Tractor tools, rotary steering systems, formation testing tools, actuators, completion tools, hydraulic pumps, and oil and gas exploration tools are a few of the applications for induction motors. As induction motors are more affordable than synchronous motors, this market is expanding quickly. This is primarily because they have fewer moving parts than synchronous motors and no commutator or brushes. The growth of the segment is also driven by factors such as an increase in oil and gas demand and growing investments in refineries. Thus, such factors will drive the market segment growth during the forecast period.

Regional Analysis:

APAC is estimated to contribute 32% to the growth by 2027. Technavio’s analysts have elaborately explained the regional trends, drivers, and challenges that are expected to shape the market during the forecast period.

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The high demand for oil and gas in APAC is the primary factor behind the high demand for AC electric motors in the region. The regional market is expanding primarily as a result of the rising demand for energy from developing nations like China and India. By 2023, this demand is anticipated to grow further. Sales of AC electric motors in the oil and gas market in the region will also rise as a result of rising investments in the oil and gas industry in China and a few other Southeast Asian nations. Furthermore, as developing nations like India and China take steps to explore the potential for unconventional oil and gas production in the region in addition to conventional production, APAC is expected to see an increase in E&P activities. The increase in E&P activities of unconventional reserves will further boost the growth of the global AC electric motor sales in the oil and gas market during the forecast period. Therefore, the factors mentioned above will drive the growth of the regional market during the forecast period.

Covid Recovery Analysis:

In 2020, the COVID-19 outbreak negatively affected the market growth. However, in 2021, due to the vaccination drives organized by several countries, the spread of the pandemic was controlled, and manufacturers started getting back to the production units to resume work. This had a positive impact on the sales of AC electric motors. Hence, there might be a constant rise in AC electric motor sales, which in turn, will boost the market growth during the forecast period.

Segment Overview

The ac electric motor sales in oil and gas market report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027.

Power Rating Outlook (USD Million, 2017 - 2027)
- Less than 1kV
- Between 1 kV and 6.6 kV
- Greater than 6.6 kV

Type Outlook (USD Million, 2017 - 2027)
- Induction motor
- Synchronous motor

Region Outlook (USD Million, 2017 - 2027)
- North America
  - The U.S.
  - Canada
- Europe
  - The U.K.
  - Germany
  - France
  - Rest of Europe
- APAC
  - China
  - India
- Middle East & Africa
  - Saudi Arabia
  - South Africa
  - Rest of the Middle East & Africa
- South America
  - Chile
  - Brazil
  - Argentina

AC Electric Motor Sales In Oil And Gas Market Scope
Report Coverage	Details
Page number	167
Base year	2022
Historic period	2017-2021
Forecast period	2023-2027
Growth momentum & CAGR	Accelerate at a CAGR of 5.48%
Market growth 2023-2027	USD 3,250.86 million
Market structure	Fragmented
YoY growth 2022-2023(%)	5.15
Regional analysis	APAC, Middle East and Africa, North America, Europe, and South America
Performing market contribution	APAC at 32%
Key countries	US, Canada, Saudi Arabia, China, and Russia
Competitive landscape	Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks
Key companies profiled	ABB Ltd., Arc Systems Inc., Elektrim Motors, FLANDERS Inc., Franklin Electric Co. Inc., General Electric Co., Hitachi Ltd., Hoyer Motors, Nidec Corp., NOV Inc., Parker Hannifin Corp., Regal Rexnord Corp., Rockwell Automation Inc., Schlumberger Ltd., Siemens AG, TECO-Westinghouse, Toshiba Corp., WEG Equipamentos Eletricos S.A., Wolong ELectric Group, and Yaskawa Electric Corp.
Market dynamics	Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period.
Customization purview	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this AC Electric Motor Sales In Oil And Gas Market Research Report?

CAGR of the market during the forecast period
Detailed information on factors that will drive the growth of AC electric motor sales in oil and gas market between 2023 and 2027
Precise estimation of the size of the AC electric motor sales in oil and gas market size and its contribution to the parent market
Accurate predictions about upcoming trends and changes in consumer behaviour
Growth of the market industry across APAC, Middle East and Africa, North America, Europe, and South America
A thorough analysis of the market’s competitive landscape and detailed information about vendors
Comprehensive analysis of factors that will challenge the growth of AC electric motor sales in oil and gas market vendors

We can help! Our analysts can customize this market research report to meet your requirements. Get in touch

Table of Contents

1 Executive Summary

1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Power Rating
- Exhibit 06: Executive Summary – Chart on Market Segmentation by Type
- Exhibit 07: Executive Summary – Chart on Incremental Growth
- Exhibit 08: Executive Summary – Data Table on Incremental Growth
- Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
- Exhibit 10: Parent market
- Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition
- Exhibit 12: Offerings of vendors included in the market definition

3.2 Market segment analysis
- Exhibit 13: Market segments

3.3 Market size 2022

3.4 Market outlook: Forecast for 2022-2027
- Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
- Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
- Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
- Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

4.1 Global AC electric motor sales in oil and gas market 2017 - 2021
- Exhibit 18: Historic Market Size – Data Table on Global AC electric motor sales in oil and gas market 2017 - 2021 ($ million)

4.2 Power rating Segment Analysis 2017 - 2021
- Exhibit 19: Historic Market Size – Power rating Segment 2017 - 2021 ($ million)

4.3 Type Segment Analysis 2017 - 2021
- Exhibit 20: Historic Market Size – Type Segment 2017 - 2021 ($ million)

4.4 Geography Segment Analysis 2017 - 2021
- Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)

4.5 Country Segment Analysis 2017 - 2021
- Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

5.1 Five forces summary
- Exhibit 23: Five forces analysis - Comparison between 2022 and 2027

5.2 Bargaining power of buyers
- Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

5.3 Bargaining power of suppliers
- Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

5.4 Threat of new entrants
- Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

5.5 Threat of substitutes
- Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

5.6 Threat of rivalry
- Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

5.7 Market condition
- Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Power Rating

6.1 Market segments
- Exhibit 30: Chart on Power Rating - Market share 2022-2027 (%)
- Exhibit 31: Data Table on Power Rating - Market share 2022-2027 (%)

6.2 Comparison by Power Rating
- Exhibit 32: Chart on Comparison by Power Rating
- Exhibit 33: Data Table on Comparison by Power Rating

6.3 Less than 1kV - Market size and forecast 2022-2027
- Exhibit 34: Chart on Less than 1kV - Market size and forecast 2022-2027 ($ million)
- Exhibit 35: Data Table on Less than 1kV - Market size and forecast 2022-2027 ($ million)
- Exhibit 36: Chart on Less than 1kV - Year-over-year growth 2022-2027 (%)
- Exhibit 37: Data Table on Less than 1kV - Year-over-year growth 2022-2027 (%)

6.4 Between 1 kV and 6.6 kV - Market size and forecast 2022-2027
- Exhibit 38: Chart on Between 1 kV and 6.6 kV - Market size and forecast 2022-2027 ($ million)
- Exhibit 39: Data Table on Between 1 kV and 6.6 kV - Market size and forecast 2022-2027 ($ million)
- Exhibit 40: Chart on Between 1 kV and 6.6 kV - Year-over-year growth 2022-2027 (%)
- Exhibit 41: Data Table on Between 1 kV and 6.6 kV - Year-over-year growth 2022-2027 (%)

6.5 Greater than 6.6 kV - Market size and forecast 2022-2027
- Exhibit 42: Chart on Greater than 6.6 kV - Market size and forecast 2022-2027 ($ million)
- Exhibit 43: Data Table on Greater than 6.6 kV - Market size and forecast 2022-2027 ($ million)
- Exhibit 44: Chart on Greater than 6.6 kV - Year-over-year growth 2022-2027 (%)
- Exhibit 45: Data Table on Greater than 6.6 kV - Year-over-year growth 2022-2027 (%)

6.6 Market opportunity by Power Rating
- Exhibit 46: Market opportunity by Power Rating ($ million)
- Exhibit 47: Data Table on Market opportunity by Power Rating ($ million)

7 Market Segmentation by Type

7.1 Market segments
- Exhibit 48: Chart on Type - Market share 2022-2027 (%)
- Exhibit 49: Data Table on Type - Market share 2022-2027 (%)

7.2 Comparison by Type
- Exhibit 50: Chart on Comparison by Type
- Exhibit 51: Data Table on Comparison by Type

7.3 Induction motor - Market size and forecast 2022-2027
- Exhibit 52: Chart on Induction motor - Market size and forecast 2022-2027 ($ million)
- Exhibit 53: Data Table on Induction motor - Market size and forecast 2022-2027 ($ million)
- Exhibit 54: Chart on Induction motor - Year-over-year growth 2022-2027 (%)
- Exhibit 55: Data Table on Induction motor - Year-over-year growth 2022-2027 (%)

7.4 Synchronous motor - Market size and forecast 2022-2027
- Exhibit 56: Chart on Synchronous motor - Market size and forecast 2022-2027 ($ million)
- Exhibit 57: Data Table on Synchronous motor - Market size and forecast 2022-2027 ($ million)
- Exhibit 58: Chart on Synchronous motor - Year-over-year growth 2022-2027 (%)
- Exhibit 59: Data Table on Synchronous motor - Year-over-year growth 2022-2027 (%)

7.5 Market opportunity by Type
- Exhibit 60: Market opportunity by Type ($ million)
- Exhibit 61: Data Table on Market opportunity by Type ($ million)

8 Customer Landscape

8.1 Customer landscape overview
- Exhibit 62: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
- Exhibit 63: Chart on Market share by geography 2022-2027 (%)
- Exhibit 64: Data Table on Market share by geography 2022-2027 (%)

9.2 Geographic comparison
- Exhibit 65: Chart on Geographic comparison
- Exhibit 66: Data Table on Geographic comparison

9.3 APAC - Market size and forecast 2022-2027
- Exhibit 67: Chart on APAC - Market size and forecast 2022-2027 ($ million)
- Exhibit 68: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
- Exhibit 69: Chart on APAC - Year-over-year growth 2022-2027 (%)
- Exhibit 70: Data Table on APAC - Year-over-year growth 2022-2027 (%)

9.4 Middle East and Africa - Market size and forecast 2022-2027
- Exhibit 71: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
- Exhibit 72: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
- Exhibit 73: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
- Exhibit 74: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)

9.5 North America - Market size and forecast 2022-2027
- Exhibit 75: Chart on North America - Market size and forecast 2022-2027 ($ million)
- Exhibit 76: Data Table on North America - Market size and forecast 2022-2027 ($ million)
- Exhibit 77: Chart on North America - Year-over-year growth 2022-2027 (%)
- Exhibit 78: Data Table on North America - Year-over-year growth 2022-2027 (%)

9.6 Europe - Market size and forecast 2022-2027
- Exhibit 79: Chart on Europe - Market size and forecast 2022-2027 ($ million)
- Exhibit 80: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
- Exhibit 81: Chart on Europe - Year-over-year growth 2022-2027 (%)
- Exhibit 82: Data Table on Europe - Year-over-year growth 2022-2027 (%)

9.7 South America - Market size and forecast 2022-2027
- Exhibit 83: Chart on South America - Market size and forecast 2022-2027 ($ million)
- Exhibit 84: Data Table on South America - Market size and forecast 2022-2027 ($ million)
- Exhibit 85: Chart on South America - Year-over-year growth 2022-2027 (%)
- Exhibit 86: Data Table on South America - Year-over-year growth 2022-2027 (%)

9.8 US - Market size and forecast 2022-2027
- Exhibit 87: Chart on US - Market size and forecast 2022-2027 ($ million)
- Exhibit 88: Data Table on US - Market size and forecast 2022-2027 ($ million)
- Exhibit 89: Chart on US - Year-over-year growth 2022-2027 (%)
- Exhibit 90: Data Table on US - Year-over-year growth 2022-2027 (%)

9.9 China - Market size and forecast 2022-2027
- Exhibit 91: Chart on China - Market size and forecast 2022-2027 ($ million)
- Exhibit 92: Data Table on China - Market size and forecast 2022-2027 ($ million)
- Exhibit 93: Chart on China - Year-over-year growth 2022-2027 (%)
- Exhibit 94: Data Table on China - Year-over-year growth 2022-2027 (%)

9.10 Russia - Market size and forecast 2022-2027
- Exhibit 95: Chart on Russia - Market size and forecast 2022-2027 ($ million)
- Exhibit 96: Data Table on Russia - Market size and forecast 2022-2027 ($ million)
- Exhibit 97: Chart on Russia - Year-over-year growth 2022-2027 (%)
- Exhibit 98: Data Table on Russia - Year-over-year growth 2022-2027 (%)

9.11 Saudi Arabia - Market size and forecast 2022-2027
- Exhibit 99: Chart on Saudi Arabia - Market size and forecast 2022-2027 ($ million)
- Exhibit 100: Data Table on Saudi Arabia - Market size and forecast 2022-2027 ($ million)
- Exhibit 101: Chart on Saudi Arabia - Year-over-year growth 2022-2027 (%)
- Exhibit 102: Data Table on Saudi Arabia - Year-over-year growth 2022-2027 (%)

9.12 Canada - Market size and forecast 2022-2027
- Exhibit 103: Chart on Canada - Market size and forecast 2022-2027 ($ million)
- Exhibit 104: Data Table on Canada - Market size and forecast 2022-2027 ($ million)
- Exhibit 105: Chart on Canada - Year-over-year growth 2022-2027 (%)
- Exhibit 106: Data Table on Canada - Year-over-year growth 2022-2027 (%)

9.13 Market opportunity by geography
- Exhibit 107: Market opportunity by geography ($ million)
- Exhibit 108: Data Tables on Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

10.1 Market drivers

10.2 Market challenges

10.3 Impact of drivers and challenges
- Exhibit 109: Impact of drivers and challenges in 2022 and 2027

10.4 Market trends

11 Vendor Landscape

11.1 Overview

11.2 Vendor landscape
- Exhibit 110: Overview on Criticality of inputs and Factors of differentiation

11.3 Landscape disruption
- Exhibit 111: Overview on factors of disruption

11.4 Industry risks
- Exhibit 112: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
- Exhibit 113: Vendors covered

12.2 Market positioning of vendors
- Exhibit 114: Matrix on vendor position and classification

12.3 ABB Ltd.
- Exhibit 115: ABB Ltd. - Overview
- Exhibit 116: ABB Ltd. - Business segments
- Exhibit 117: ABB Ltd. - Key offerings
- Exhibit 118: ABB Ltd. - Segment focus

12.4 Arc Systems Inc.
- Exhibit 119: Arc Systems Inc. - Overview
- Exhibit 120: Arc Systems Inc. - Product / Service
- Exhibit 121: Arc Systems Inc. - Key offerings

12.5 Elektrim Motors
- Exhibit 122: Elektrim Motors - Overview
- Exhibit 123: Elektrim Motors - Product / Service
- Exhibit 124: Elektrim Motors - Key offerings

12.6 FLANDERS Inc.
- Exhibit 125: FLANDERS Inc. - Overview
- Exhibit 126: FLANDERS Inc. - Product / Service
- Exhibit 127: FLANDERS Inc. - Key offerings

12.7 Franklin Electric Co. Inc.
- Exhibit 128: Franklin Electric Co. Inc. - Overview
- Exhibit 129: Franklin Electric Co. Inc. - Business segments
- Exhibit 130: Franklin Electric Co. Inc. - Key news
- Exhibit 131: Franklin Electric Co. Inc. - Key offerings
- Exhibit 132: Franklin Electric Co. Inc. - Segment focus

12.8 General Electric Co.
- Exhibit 133: General Electric Co. - Overview
- Exhibit 134: General Electric Co. - Business segments
- Exhibit 135: General Electric Co. - Key news
- Exhibit 136: General Electric Co. - Key offerings
- Exhibit 137: General Electric Co. - Segment focus

12.9 Hitachi Ltd.
- Exhibit 138: Hitachi Ltd. - Overview
- Exhibit 139: Hitachi Ltd. - Business segments
- Exhibit 140: Hitachi Ltd. - Key news
- Exhibit 141: Hitachi Ltd. - Key offerings
- Exhibit 142: Hitachi Ltd. - Segment focus

12.10 Hoyer Motors
- Exhibit 143: Hoyer Motors - Overview
- Exhibit 144: Hoyer Motors - Product / Service
- Exhibit 145: Hoyer Motors - Key offerings

12.11 Nidec Corp.
- Exhibit 146: Nidec Corp. - Overview
- Exhibit 147: Nidec Corp. - Business segments
- Exhibit 148: Nidec Corp. - Key news
- Exhibit 149: Nidec Corp. - Key offerings
- Exhibit 150: Nidec Corp. - Segment focus

12.12 Regal Rexnord Corp.
- Exhibit 151: Regal Rexnord Corp. - Overview
- Exhibit 152: Regal Rexnord Corp. - Business segments
- Exhibit 153: Regal Rexnord Corp. - Key offerings
- Exhibit 154: Regal Rexnord Corp. - Segment focus

12.13 Schlumberger Ltd.
- Exhibit 155: Schlumberger Ltd. - Overview
- Exhibit 156: Schlumberger Ltd. - Business segments
- Exhibit 157: Schlumberger Ltd. - Key news
- Exhibit 158: Schlumberger Ltd. - Key offerings
- Exhibit 159: Schlumberger Ltd. - Segment focus

12.14 Siemens AG
- Exhibit 160: Siemens AG - Overview
- Exhibit 161: Siemens AG - Business segments
- Exhibit 162: Siemens AG - Key news
- Exhibit 163: Siemens AG - Key offerings
- Exhibit 164: Siemens AG - Segment focus

12.15 Toshiba Corp.
- Exhibit 165: Toshiba Corp. - Overview
- Exhibit 166: Toshiba Corp. - Business segments
- Exhibit 167: Toshiba Corp. - Key offerings
- Exhibit 168: Toshiba Corp. - Segment focus

12.16 WEG Equipamentos Eletricos S.A.
- Exhibit 169: WEG Equipamentos Eletricos S.A. - Overview
- Exhibit 170: WEG Equipamentos Eletricos S.A. - Business segments
- Exhibit 171: WEG Equipamentos Eletricos S.A. - Key offerings
- Exhibit 172: WEG Equipamentos Eletricos S.A. - Segment focus

12.17 Wolong ELectric Group
- Exhibit 173: Wolong ELectric Group - Overview
- Exhibit 174: Wolong ELectric Group - Product / Service
- Exhibit 175: Wolong ELectric Group - Key offerings

13 Appendix

13.1 Scope of the report

13.2 Inclusions and exclusions checklist
- Exhibit 176: Inclusions checklist
- Exhibit 177: Exclusions checklist

13.3 Currency conversion rates for US$
- Exhibit 178: Currency conversion rates for US$

13.4 Research methodology
- Exhibit 179: Research methodology
- Exhibit 180: Validation techniques employed for market sizing
- Exhibit 181: Information sources

13.5 List of abbreviations
- Exhibit 182: List of abbreviations

Methodology

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

INFORMATION SOURCES

Primary sources

Manufacturers and suppliers
Channel partners
Industry experts
Strategic decision makers

Secondary sources

Industry journals and periodicals
Government data
Financial reports of key industry players
Historical data
Press releases

DATA ANALYSIS

Data Synthesis

Collation of data
Estimation of key figures
Analysis of derived insights

Data Validation

Triangulation with data models
Reference against proprietary databases
Corroboration with industry experts

REPORT WRITING

Qualitative

Market drivers
Market challenges
Market trends
Five forces analysis

Quantitative

Market size and forecast
Market segmentation
Geographical insights
Competitive landscape

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Key Questions Answered

What are the key global market and the regional market share?
What are the revenue-generating key market segments?
What are the key factors driving and challenging this market’s growth?
Who are the key market vendors and their growth strategies?
What are the latest trends influencing the growth of this market?
What are the variables influencing the market growth in the primary regions?
What are the factors influencing the growth of the parent market?

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