openPR Logo
Press release

Smart Motor Protector Market to see Huge Growth by 2029

09-21-2024 09:30 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

The global smart motor protector market is anticipated to grow at a CAGR of 12.3% during the forecast period (2023-2030). Motor protection is used to prevent damage to the electrical motor, such as internal faults in the motor. An increasing demand for energy-efficient solutions in various verticals is a key driving factor. Integration of smart motor protectors in a robotic process helps to conserve energy. According to the United States Agency for International Development (USAID), electric motors (including those that drive pumps) account for 69.0% of electricity use in the industrial sector, 38.0% in the commercial sector, 22.0% in the residential sector, and 39.0% in the transportation and agriculture sectors combined.

The unbalanced input three-phase electricity or the long motor working time may cause the motor to overheat. It will reduce the motor's efficiency and increase the risk of malfunctioning and other problems. As a result, the smart motor protector works to keep overheating away. The embedded motor protector technology is designed to provide enhanced performance and reliability for automotive and industrial applications. For instance, in July 2023, TDK Corp. is expanding its Micronas embedded motor controller family HVC with the HVC 5223C, an Automotive Grade 1 qualified, fully integrated motor controller to drive small brushed (BDC) or brushless (BLDC) motors with a peak phase current of 2 A.

Electric power applications and now has been adapted for industrial uses. For instance, in August 2020, Mitsubishi Electric Corp. launched its LV100-type T-series insulated-gate bipolar transistor (IGBT) module for industrial uses. It is expected to help reduce the size and power loss of power converters, specifically inverters used for renewable energy applications such as photovoltaic and wind-power generation, and also high-capacity motor drives.

Various smart motor protectors for switch device performance in applications such as motor protection, power tools, DC-DC converters, EV charging stations and others. For instance, in March 2022, Infineon Technologies AG launched a new EiceDRIVER™ 2EDN product family. Aiming at space-limited designs, the next-generation devices complement the existing 2EDN driver ICs by providing higher system-level efficiencies, excellent power density, and consistent system robustness with fewer external components.

To Request a Sample of our Report on Smart Motor Protector Market:  https://www.omrglobal.com/request-sample/smart-motor-protector-market

Market Coverage

The market number available for - 2022-2030
Base year- 2022
Forecast period- 2023-2030

Segment Covered- 

By Configuration
By Voltage
By End-User

Regions Covered-

North America
Europe
Asia-Pacific
Rest of the World
Competitive Landscape- includes ABB Ltd., Eaton Corp. Inc., Fuji Electric Co., Ltd., Moog Inc., Rockwell Automation Inc., Siemens AG, and others.

Smart Motor Protector Market Report Segment

By Configuration

Low Powered
High Powered

By Voltage

Less Than 1000V
1001V to 3000V
More than 3001V

By End-User

Chemical Industry
Power Plant
Pump Station
Mining Industry
Metallurgical Industry
Others (paper and pulp)

A full Report of Smart Motor Protector Market is Available @  https://www.omrglobal.com/industry-reports/smart-motor-protector-market

Company Profiles

Baldor Electric Co.
Boston Gear
Franklin Electric Co. Inc.
General Electric Company
Honeywell International Inc.
Johnson Electric Holdings Limited
Marathon Electric
Mitsubishi Electric Manufacturing Co., Ltd.
Nord Gear Corp.
OMRON Corp.
Schneider Electric SE
Sensata Technologies, Inc.
Techtop Industries
Toshiba International Corp.
WEG SA

Reasons to buy from us -

We cover more than 15 major industries, further segmented into more than 90 sectors.
More than 120 countries are for analysis.
Over 100+ paid data sources mined for investigation.
Our expert research analysts answer all your questions before and after purchasing your report.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/smart-motor-protector-market

Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

Email: info@omrglobal.com

Contact no:  +91 7803040404

About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Smart Motor Protector Market to see Huge Growth by 2029 here

News-ID: 3663308 • Views:

More Releases from Orion Market Research

Timing Devices Market Growth Probability, Leading Vendors and Future Scenario By 2024-2031
Timing Devices Market Growth Probability, Leading Vendors and Future Scenario By …
Timing devices market is anticipated to grow at a CAGR of 10.7% during the forecast period (2023-2030).  Timing devices or oscillators based on MEMS (micro-electromechanical system) are used in driving control systems, infotainment systems Consumer electronics, IT and telecom and other applications. The growing adoption of miniaturized devices coupled with the improving low power consumption, high degree of stability, and accuracy is the key factor supporting the growth of the
Automotive Radar Sensors Market | Business Growth, Development Factors, Current and Future Trends till 2031 | Tetra Pak International S.A. Toyo Seikan Group Holdings Ltd. WeighPack Systems, Inc.
Automotive Radar Sensors Market | Business Growth, Development Factors, Current …
Automotive radar sensors market is anticipated to grow at a CAGR of 20.4% during the forecast period. This informative Automotive Radar Sensors Market report provides new method and covers foremost regions such as Latin America, Middle East, North America, Europe, Africa and Asia Pacific. Making most out of the consumer insights and market opportunities, market players can boost up the revenue rate of their business. It also permits key organizations
Car Care Products Market | Business Growth, Development Factors, Current and Future Trends till 2031 | Tetra Pak International S.A. Toyo Seikan Group Holdings Ltd. WeighPack Systems, Inc.
Car Care Products Market | Business Growth, Development Factors, Current and Fut …
Car care products market is anticipated to grow at a considerable CAGR of 4.5% during the forecast period. This Car Care Products Market research report focuses more on a number of distinctive as well as foremost market sectors. It further focuses market segmentation. Industry-specific interviews are carried out with market players to foresee future business growth. Various facets of the industry are also depicted here under each industry sector. Future
Heat-Treated Steel Plates Market | Business Growth, Development Factors, Current and Future Trends till 2031 | Tetra Pak International S.A. Toyo Seikan Group Holdings Ltd. WeighPack Systems, Inc.
Heat-Treated Steel Plates Market | Business Growth, Development Factors, Current …
Heat-treated steel plates market is anticipated to grow at a CAGR of 3.2% during the forecast period. Heat-Treated Steel Plates Market research report reveals important insights into market scenario to enable key players in taking calculated decision making. Basically, one of the major purposes of market research reports is to maximize the business growth opportunities. It also helps key players to turn business into a successful business by increasing the

All 5 Releases


More Releases for Electric

Electric Motors for Electric Vehicle Market by Manufacturers: Hitachi Automotive …
Electric Motors for Electric Vehicle Market research report analyzes and studies the Electric Motors for Electric Vehicle Market's production, value, financial status, and capacity. It also provides information about market share and development plans during the projected period. Moreover, the Electric Motors for Electric Vehicle Market research report provides data about key manufacturers and focuses on the market competition landscape by analyzing the market by application, product type, and region. Click
Thermal Overload Relay Market 2021 Precise Outlook - ABB, Schneider Electric, Ea …
Global Thermal Overload Relay Market Size, Status and Forecast 2021 The Global Thermal Overload Relay Market report offers in-depth information and comprehensive analysis of the market. It provides a complete overview of the market with detailed insights on key aspects including the current market situation, potential size, volume, and dynamics of the market. This research report makes a thorough assessment of the COVID-19 pandemic and its impact on the current market
Wireless Sensors Market Regional Outlook, Top Manufactures General Electric, Yok …
The Global Wireless Sensors Market is measurement tools equipped with transmitters that convert signals from instruments into radio transmission signals. Increasing interest of manufacturers in research and development of more efficient Wireless sensors are expected to drive the wireless sensors market. However, this market is highly competitive and price sensitive are hampering the growth of the market. For More Info, Get Sample Report Here @ https://www.orianresearch.com/request-sample/1371276 What you can expect from
Global Electric Motors for Electric Vehicles Market 2025 | MAHLE GmbH, Protean E …
Researchmoz added Most up-to-date research on "Global Electric Motors for Electric Vehicles Market Insights, Forecast to 2025" to its huge collection of research reports. This report presents the worldwide Electric Motors for Electric Vehicles market size (value, production and consumption), splits the breakdown (data status 2013-2018 and forecast to 2025), by manufacturers, region, type and application. This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities
Yokogawa Electric, General Electric Profiled in Smart Factory Solutions Market 2 …
Global Smart Factory Solutions Market which focuses on effective strategies of the business framework. It highlights the recent market trends stringent energy regulations and growing pressure to conform to energy efficiency. The research methods and tools used to analyze the studies are both primary and secondary research. This market research report on analyzes the growth prospects for the key vendors operating in this market space including Siemens, ABB, Honeywell International, Yokogawa
Global Quartz Heat Lamps Market 2017 : Indu Electric Gerber, Schneider Electric, …
The Market Research Store report offers majority of the latest and newest industry data that covers the overall market situation along with future prospects for Quartz Heat Lamps market around the globe. The research study includes significant data and also forecasts of the global market which makes the research report a helpful resource for marketing people, analysts, industry executives, consultants, sales and product managers, and other people who are in