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The medium voltage motors market is forecasted to grow by USD 1.28 billion during 2023-2028, accelerating at a CAGR of 4.84% during the forecast period. The report on the medium voltage motors market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the revival of the CAPEX cycle in the energy sector, rising focus on energy efficiency due to high power consumption in industrial motors, and limitations of power ratings in medium-voltage motors.
The medium voltage motors market is segmented as below:
By End-user
- Process industries
- Discrete industries
- HVAC
By Product
- AC motors
- DC motors
By Geographical Landscape
- APAC
- North America
- Europe
- Middle East and Africa
- South America
The report on the medium voltage motors market covers the following areas:
- Medium voltage motors market sizing
- Medium voltage motors market forecast
- Medium voltage motors market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources through an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by End-user
7 Market Segmentation by Product
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
List of Exhibits
Executive Summary
The publisher recognizes the following companies as the key players in the global medium voltage motors market: ABB Ltd., AC Motoren GmbH, Bharat Bijlee Ltd., Eaton Corp. Plc, General Electric Co., HOYER GmbH, Meidensha Corp., Menzel Elektromotoren GmbH, Nidec Corp., O.M.E. Motori Elettrici Srl, Parsons Peebles Ltd., Regal Beloit Corp., Ruselprom Trade Ltd., SEVA tec GmbH, Siemens AG, TECO Electric and Machinery Co. Ltd., Toshiba Corp., VYBO Electric AS, WEG Equipamentos Eletricos S.A., and Wolong Electric Group Co. Ltd.Commenting on the report, an analyst from the publisher said: 'The latest trend gaining momentum in the market is the declining cost of renewable energy and ESS.'
According to the report, one of the major drivers for this market is the revival of the CAPEX cycle in the energy sector.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- ABB Ltd.
- AC Motoren GmbH
- Bharat Bijlee Ltd.
- Eaton Corp. Plc
- General Electric Co.
- HOYER GmbH
- Meidensha Corp.
- Menzel Elektromotoren GmbH
- Nidec Corp.
- O.M.E. Motori Elettrici Srl
- Parsons Peebles Ltd.
- Regal Beloit Corp.
- Ruselprom Trade Ltd.
- SEVA tec GmbH
- Siemens AG
- TECO Electric and Machinery Co. Ltd.
- Toshiba Corp.
- VYBO Electric AS
- WEG Equipamentos Eletricos S.A.
- Wolong Electric Group Co. Ltd.