Asynchronous Motor Market by End-user and Geography - Forecast and Analysis 2021-2025
Published: Jun 2021 | Pages: 120 | SKU: IRTNTR41614 |
The asynchronous motor market value is projected to grow by USD 6.58 billion at a CAGR of 6.18% during 2021-2025.
The asynchronous motor market report extensively covers market segmentations by end-user (industrial, automotive, residential, and commercial) and geography (APAC, North America, Europe, MEA, and South America) and potential market drivers that the vendors are capitalizing on to sustain profitable growth. Furthermore, read about the latest key findings on the post COVID-19 impact on the market from this report.
What will the Asynchronous Motor Market Size be in 2021?
Browse TOC and LoE with selected illustrations and example pages of Asynchronous Motor Market
Asynchronous Motor Market: Key Drivers and Trends
Based on our research output, there has been a negative impact on the market growth during and post COVID-19 era. The growing focus on automating manufacturing processes is notably driving the asynchronous motor market growth, although factors such as operational challenges faced by induction motors may impede market growth. To unlock information on the key market drivers and the COVID-19 pandemic impact on the asynchronous motor market get your FREE report sample now.
This post-pandemic asynchronous motor market report has assessed the shift in consumer behavior and identified and explored the upcoming trends, drivers, and challenges that will have a far-reaching effect on the market growth. Understanding market trends is essential for identifying new business opportunities across segmentations and geographies.
Who are the Major Asynchronous Motor Market Vendors?
The asynchronous motor market forecast report provides insights on complete key vendor profiles and their business strategies to reimage themselves. The profiles covered in the report are as follows:
- ABB Ltd.
- General Electric Co.
- Hitachi Ltd.
- Nidec Corp.
- Regal Beloit Corp.
- Siemens AG
- TECO-Westinghouse
- Toshiba Corp.
- WEG Equipamentos Eletricos SA
- Wolong ELectric Group
The asynchronous motor market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market. Click here to uncover other successful business strategies deployed by the vendors.
Furthermore, our research experts have outlined the magnitude of the economic impact on each segment and recovery expectations post pandemic. To recover from post COVID-19 impact, market vendors should create strategies to grab business opportunities from the fast-growing segments, while refining their scope of growth in the slow-growing ones.
The key vendor profiles include information on their production, sustainability, and growth prospects. Download a free sample of the asynchronous motor market forecast report for insights on complete key vendor profiles.
Which are the Key Regions for Asynchronous Motor Market?
For more insights on the market share of various regions Request for a FREE sample now!
The asynchronous motor market size, share, & trends analysis report offers an up-to-date study of the geographical composition of the market. 52% of the market’s growth will originate from APAC during the forecast period. China, Japan, and India are the key markets for asynchronous motors in APAC.
The report offers an up-to-date analysis of the geographical composition of the market. APAC has been recording significant growth rate and is expected to offer several growth opportunities to market vendors during the forecast period. The increasing adoption of EVs will facilitate the asynchronous motor market growth in APAC over the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.
What are the Revenue-generating End-user Segments in the Asynchronous Motor Market?
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The asynchronous motor market report provides comprehensive understanding of the subsets of our target market to earmark niche customer groups and simplify demographic requirements. In addition, the report provides insights on the impact of the unprecedented outbreak of COVID-19 on market segments. Through these insights, you can safely deduce transformation patterns in consumer behavior, which is crucial to gauge segment-wise revenue growth during 2021-2025 and embrace technologies to improve business efficiency. The asynchronous motor market share growth by the industrial segment has been significant and is expected to provide significant growth opportunities to market vendors.
This report provides thorough asynchronous motor market segment analysis that will help you gauge the existing competition, demographics, lucrative target customer groups, solutions to improve sales and services, and other crucial market intelligence data. Request for a free sample of the report to get an exclusive glimpse of actionable market insights on post COVID-19 impact on each segment and the growth of the asynchronous motor market size.
What are the Key Factors Covered in this Asynchronous Motor Market Report?
- CAGR of the market during the forecast period 2021-2025
- Detailed information on factors that will drive asynchronous motor market growth during the next five years
- Precise estimation of the asynchronous motor market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the asynchronous motor market across APAC, North America, Europe, MEA, and South America
- A thorough analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of asynchronous motor market vendors
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Asynchronous Motor Market Scope |
|
Report Coverage |
Details |
Page number |
120 |
Base year |
2020 |
Forecast period |
2021-2025 |
Growth momentum & CAGR |
Accelerate at a CAGR of 6% |
Market growth 2021-2025 |
$ 6.58 billion |
Market structure |
Fragmented |
YoY growth (%) |
4.78 |
Regional analysis |
APAC, North America, Europe, MEA, and South America |
Performing market contribution |
APAC at 52% |
Key consumer countries |
China, US, Japan, India, and Germany |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
ABB Ltd., General Electric Co., Hitachi Ltd., Nidec Corp., Regal Beloit Corp., Siemens AG, TECO-Westinghouse, Toshiba Corp., WEG Equipamentos Eletricos SA, and Wolong ELectric Group |
Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for 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. |
Executive Summary
Market Landscape
- Market ecosystem
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2020
- Market outlook: Forecast for 2020 - 2025
Five Forces Analysis
- Five forces summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by End-user
- Market segments
- Comparison by End-user
- Industrial - Market size and forecast 2020-2025
- Automotive - Market size and forecast 2020-2025
- Residential - Market size and forecast 2020-2025
- Commercial - Market size and forecast 2020-2025
- Market opportunity by End-user
Customer landscape
- Overview
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- APAC - Market size and forecast 2020-2025
- North America - Market size and forecast 2020-2025
- Europe - Market size and forecast 2020-2025
- MEA - Market size and forecast 2020-2025
- South America - Market size and forecast 2020-2025
- Key leading countries
- Market opportunity by geography
- Market drivers
- Market challenges
- Market trends
Vendor Landscape
- Overview
- Landscape disruption
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- ABB Ltd.
- General Electric Co.
- Hitachi Ltd.
- Nidec Corp.
- Regal Beloit Corp.
- Siemens AG
- TECO-Westinghouse
- Toshiba Corp.
- WEG Equipamentos Eletricos SA
- Wolong ELectric Group
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
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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asynchronous motor market
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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- Parent market analysis
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- Detailed vendors report with competitive landscape
- Covid-19 impact and recovery analysis
- Data on revenue-generating market segments
- Details on the market shares of various regions
- Five-force market analysis