Global Motor Space Heater Market 2017-2021

Overview of the global motor space heater market

Proper functioning of the motor depends on its surrounding temperature and when the changes in temperature might result in condensation. This condensation can cause damage in the insulation material and machined surface of the motor. The need to keep the inner temperature of the motor warm and above the condensation point drives the need for motor space heaters since it heats up the motor interior. This in turn, prevents damage to the insulation material and machined surface of the motor by keeping the temperature in motors high and extending the shelf life of the motor. Technavio’s market research report has identified the benefits such as the enhanced life cycle of motors as one of the primary factors that will fuel the growth of the motor space heater market in the coming years. According to our market research analysts, this market will grow steadily at a CAGR of more than 6% by 2021.

The growing number of wind energy projects is one of the key trends that will gain traction in the motor space heater market in the coming years. Wind power generation has become one of the most efficient methods of producing power. This demands the need for designing the motors used in wind turbine to deal with long idle periods. This in turn, will demand the need for motor space heaters to remove he condensation inside the motor. Moreover, the rise in the offshore wind power generation capacity will also lead to the growing adoption of motor space heaters in wind power generation, in turn, driving the market’s growth prospects.

Competitive landscape and key vendors

The motor space heater market appears to be fragmented due to the presence of several international and regional motor space heater manufacturers. The new entrants are penetrating the market quite easily owing to less product differentiation and since the need for capital requirement and technical knowledge is also less. This in turn, intensifies the level of competition among the motor space heater manufacturers.

The leading vendors in the market are-

• ABB
• Jenkins
• OMEGA Engineering
• Siemens
• SINOMAS

The other prominent vendors in the market are BARTEC, Electro – Flex, Ghanacon Products, Gulf Electroquip, Hilkar, L&S Electric, Nidec motors, and SIMEL.

Segmentation by application type and analysis of the motor space heater market

• Process industry
• Discrete industry

During 2016, process industries accounted for major share of the space heater market. Various industries such as the oil and gas, food and beverage, and mining need motors for with different voltage rating for various uses. Motor space heaters mainly find applications in exploration and production activities where the environment is humid and for heavy-duty operations such as mining.

Segmentation by geography and analysis of the motor space heater market

• Americas
• APAC
• EMEA

This market study estimates that in terms of geographic regions, APAC will be the major revenue contributor to the motor space heater market throughout the forecast period. The huge demand from the developing countries such as India, China, Vietnam, and Malaysia owing to the industrial growth in these countries, will be the major factors fueling the growth of the motor space heater market in this region.

Key questions answered in the report include

• What will the market size and the growth rate be in 2021?
• What are the key factors driving the global motor space heater market?
• What are the key market trends impacting the growth of the global motor space heater market?
• What are the challenges to global motor space heater market growth?
• Who are the key vendors in the market?
• What are the market opportunities and threats faced by the vendors in the global motor space heater market?
• Trending factors influencing the market shares of the Americas, APAC, and EMEA.
• What are the key outcomes of the five forces analysis of the global motor space heater market?

Technavio also offers customization on reports based on specific client requirement.