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Below are some of the key findings from this industrial fractional horsepower motors market analysis report
See the complete table of contents and list of exhibits, as well as selected illustrations and example pages from this report.
The rising global energy costs have led the industries to increasingly concentrate on using energy-efficient equipment in production processes and end-products. The rising adoption of energy-efficient equipment across industries will be one of the major factors that will have a positive impact on the global industrial fractional horsepower motors market during the forecast period. Manufacturers are focusing on introducing motors that streamline the necessities of different end-user industries. This has resulted in the high usage of industrial fractional horsepower motors that are energy-efficient with low carbon emissions. This feature of industrial fractional horsepower motors has assisted the process and discrete industries in saving a huge amount of energy and lowering the variable overheads. Due to these advantages, the end-users increasingly prefer industrial fractional horsepower motors over general motors that do not comply with the energy standard requirements. Our market research analysts predict that this market will grow at a CAGR of close to 5% by 2022.
Improvements in motor efficiency are one of the key trends that will contribute to the market’s growth in the forthcoming years. Different types of industrial fractional horsepower motors are available in the market such as IE1, IE2, IE3, and IE4. These motors offer improved energy savings with increasing efficiency class. Also, to integrate the next edition in these efficiency class of motors, companies are introducing IE5 low-voltage motors. The aim of IE5 motors is to lower the load of up to 20% compared with the IE4 efficiency class motors.
Characterized by the presence of several players, the industrial fractional horsepower motors market appears to be fragmented. This industry research report offers information about the competitive environment among the companies in this market space and also offers an analysis of the key companies and their products. Additionally, the report also offers information about the key areas the players currently focus on and the strategies they follow to sustain the competition.
Some of the companies covered in this report are:
This market study estimates that in terms of geographic regions, EMEA will be the major revenue contributor to the market throughout the forecast period. Factors such as advancements across end-user industries like food and beverage, oil and gas, paper and pulp, and metal and mining will drive the market’s growth in this region.
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PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: MARKET LANDSCAPE
PART 05: MARKET SIZING
PART 06: FIVE FORCES ANALYSIS
PART 07: CUSTOMER LANDSCAPE
PART 08: MARKET SEGMENTATION BY END-USER
PART 09: REGIONAL LANDSCAPE
PART 10: DECISION FRAMEWORK
PART 11: DRIVERS AND CHALLENGES
PART 12: MARKET TRENDS
PART 13: VENDOR LANDSCAPE
PART 14: VENDOR ANALYSIS
PART 15: APPENDIX
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
Secondary sources
DATA ANALYSIS
Data Synthesis
Data Validation
REPORT WRITING
Qualitative
Quantitative
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