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Global Explosion-proof Electric Motors and Actuators Market 2019-2023

  • Published: Dec 2018
  • Pages: 145
  • SKU: IRTNTR30544
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The explosion-proof electric motors and actuators market size will grow by about USD 644 million during 2019-2023. This report offers an analysis of the market based on end-users (oil and gas, C&P, M&M, power, and others) and products (electric motors and actuators). The explosion-proof electric motors and actuators market research report further presents in-depth insights into the growth prospects of the market across the Americas, APAC, and EMEA. The report also provides an analysis of the market’s competitive landscape and offers information on several companies including ABB, Emerson Electric, Flowserve, Rockwell Automation, Siemens, and WEG.

Below are some of the key findings from the explosion-proof electric motors and actuators market analysis report

explosion proof electric motors and actuators

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Global Explosion-proof Electric Motors and Actuators Industry Overview

The development of smart actuators is one of the critical factors that will boost explosion-proof electric motors and actuators market growth. With the growing adoption of industrial automation, manufacturers are focusing on integrating data analytics for improving overall production efficiency. To enhance data capturing and monitoring capabilities, companies are also focusing on integrating actuators with sensors and other electronic components. Because of the growing need to streamline the manufacturing process, there will be a rise in the adoption of automation among companies. This will further drive the development and adoption of smart actuators, driving market growth. The explosion-proof electric motors and actuators market will grow at a CAGR of almost 5% throughout the forecast period.

Top explosion-proof electric motors and actuators companies covered in this market research report

The explosion-proof electric motors and actuators market is moderately fragmented, and the competitive environment is intense. By providing a detailed analysis of the market's competitive landscape and with information on the products offered by companies, this explosion-proof electric motors and actuators market industry analysis report will help clients identify new growth opportunities and design innovative strategies for improving their share in the market.

The report offers a complete analysis of several vendors including:

  • ABB
  • Emerson Electric
  • Flowserve
  • Rockwell Automation
  • Siemens
  • WEG

Explosion-proof electric motors and actuators market segmentation based on geographic regions

  • Americas
  • APAC
  • EMEA

EMEA will contribute to the largest growth of the explosion-proof electric motors and actuators market during the forecast period. Factors such as rising investments in metals and mining and water and wastewater treatment industries, coupled with increasing infrastructural developments will drive the explosion-proof electric motors and actuators market growth in this region.

Explosion-proof electric motors and actuators market segmentation based on end-users

  • Oil and gas
  • C&P
  • M&M
  • Power
  • Others

The oil and gas industry will be the major end-user to the explosion-proof electric motors and actuators market during the forecast period. The report provides an accurate prediction of the contribution of the various end-user segments to the growth of the explosion-proof electric motors and actuators market size.

Key highlights of the global explosion-proof electric motors and actuators market for the forecast years 2019-2023:

  • CAGR of the market during the forecast period 2019-2023
  • Detailed information on factors that will accelerate the growth of the explosion-proof electric motors and actuators market during the next five years
  • Precise estimation of the global explosion-proof electric motors and actuators market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the explosion-proof electric motors and actuators industry across the Americas, APAC, and EMEA
  • A thorough analysis of the market's competitive landscape and detailed information on several vendors
  • Comprehensive details on factors that will challenge the growth of explosion-proof electric motors and actuators companies

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PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

  • 2.1 Preface
  • 2.2 Preface
  • 2.3 Currency conversion rates for US$

PART 03: MARKET LANDSCAPE

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

PART 04: MARKET SIZING

  • Market definition
  • Market sizing 2018
  • Market size and forecast 2018-2023

PART 05: FIVE FORCES ANALYSIS

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

PART 06: MARKET SEGMENTATION BY PRODUCT

  • Market segmentation by product
  • Comparison by product
  • Electric motors - Market size and forecast 2018-2023
  • Actuators - Market size and forecast 2018-2023
  • Market opportunity by product

PART 07: CUSTOMER LANDSCAPE

PART 08: MARKET SEGMENTATION BY END-USER

  • Market segmentation by end-user
  • Comparison by end-user
  • Oil and gas - Market size and forecast 2018-2023
  • C&P - Market size and forecast 2018-2023
  • M&M - Market size and forecast 2018-2023
  • Power - Market size and forecast 2018-2023
  • Others - Market size and forecast 2018-2023
  • Market opportunity by end-user

PART 09: GEOGRAPHIC LANDSCAPE

  • Geographic segmentation
  • Geographic comparison
  • EMEA - Market size and forecast 2018-2023
  • Americas - Market size and forecast 2018-2023
  • APAC - Market size and forecast 2018-2023
  • Key leading countries
  • Market opportunity

PART 10: DRIVERS AND CHALLENGES

  • Market drivers
  • Market challenges

PART 11: MARKET TRENDS

  • Development of smart actuators
  • Growing need for customized and compact explosion-proof motors
  • Gradual recovery in up-stream activity

PART 12: VENDOR LANDSCAPE

  • Overview
  • Landscape disruption
  • Competitive scenario

PART 13: VENDOR ANALYSIS

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • ABB
  • Emerson Electric
  • Flowserve
  • Rockwell Automation
  • Siemens
  • WEG

PART 14: APPENDIX

  • 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.

TechnavioINFORMATION 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
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TechnavioDATA 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
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TechnavioREPORT 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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