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Global Asynchronous Motor Market to Witness a Pronounce Growth During 2023

Global Asynchronous Motor Market to Witness a Pronounce Growth

New report published by Market Research Report Store (MRRS) which offers insights on the global Asynchronous Motor market.

Asynchronous motor, also called induction motor, is an AC electric motor in which the electric current in the rotor needed to produce torque is obtained by electromagnetic induction from the magnetic field of the stator winding. Asynchronous motor therefore does not require mechanical commutation, separate-excitation or self-excitation for all or part of the energy transferred from stator to rotor. Asynchronous motor's rotor can be either wound type or squirrel-cage type.

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Global Asynchronous Motor Market: Forecast by Type / Application / Region

Three-phase squirrel-cage asynchronous motors are widely used in industrial drives because they are rugged, reliable and economical. Single-phase asynchronous motors are used extensively for smaller loads, such as household appliances like fans.

Europe, USA and China are the main production base of asynchronous motor, key manufacturers: ABB, Emerson, GE, TECO, Regal-Beloit, Nidec, Siemens, Tatung, Hitachi, WEG, Bosch Rexroth, SEW-Eurodrive, Cummins, YASKAWA , Toshiba, VEM, NORD, Landert, ABM Greiffenberger, SPG, Brook Crompton, Sterling Electric, Wolong, XEMC, JLEM, Huali Group, Jiangte , WNM, Ydmotor, Dazhong are mostly located here. The production of asynchronous motor was 31991.5 K units in 2014, of which 83.41% is produced in Europe, USA, and China.

Asynchronous motor has been developed for decades, and now is widely used in many industries. Even in the current environment of global recession, asynchronous motor industry still maintains a strong growth, and will continue this status in the next few years.

Over the next five years, LPI(LP Information) projects that Asynchronous Motor will register a 9.7% CAGR in terms of revenue, reach US$ 14000 million by 2023, from US$ 8000 million in 2017.

Global Asynchronous Motor Market: Key Players
ABB
Emerson
GE
TECO
Regal-Beloit
Nidec
Siemens
Tatung
Hitachi
WEG
Bosch Rexroth
SEW-Eurodrive
Cummins
YASKAWA
Toshiba
VEM
NORD
Landert
ABM Greiffenberger
SPG
Brook Crompton
Sterling Electric
Wolong
XEMC
JLEM
Huali Group
Jiangte
WNM
Ydmotor
Dazhong

Ask for Discount on Research Report and Request Sample Copy of Report@
https://www.marketresearchreportstore.com/reports/974/global-asynchronous-motor-market-growth
Related Information:
United States Asynchronous Motor Market Research Report 2018
Europe Asynchronous Motor Market Research Report 2018
North America Asynchronous Motor Market Research Report 2018
Asia-Pacific Asynchronous Motor Market Research Report 2018
China Asynchronous Motor Market Research Report 2018
EMEA Asynchronous Motor Market Research Report 2018
Global Asynchronous Motor Market Research Report 2018

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Market Research Report Store (MRRS) is a professional organization related to market research reports in all directions .To provide customers with a variety of market research reports, MRRS cooperates with a large of famous market report publishers all over the world. Owing to our good service and the professional market reports in the wide range, MRRS enjoys a good reputation in the market. In pace with the development of MRRS, more and more customers and market report publishers choose to cooperate with us. As a specialized platform, MRRS upholds the supremacy of customers and aims to provide customers with better service and richer select.

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