Research and Markets: Global Medium Voltage Motors Market 2015-2019 with ABB Ltd., Regal Beloit Corp. & Siemens AG Dominating

DUBLIN--()--Research and Markets (http://www.researchandmarkets.com/research/k8d73d/global_medium) has announced the addition of the "Global Medium Voltage Motors Market 2015-2019" report to their offering.

The analysts forecast the Global Medium Voltage Motors Market will grow at a CAGR of 5.92% over the period 2014-2019

Any machine which converts electrical energy into usable mechanical energy could be called as a motor. Motors are used in various applications like industrial pumps, machine tools, power tools and household appliances. Motors can be classified on different basis such as power consumption and mode of working. Medium voltage motors are those which operate within a power range of 75 kW to 25 MW. They are used in various industries such as Oil and Natural Gas, Power Generation, Mining, Water and Wastewater, Metals and Marine.

The shift toward premium efficiency motors is a major trend in the market. The medium voltage motor vendors are focusing on reducing the cost by shifting to highly efficient motors. Also, governments worldwide are planning to implement IE3 norms in the next three years, which will result in end-users considering energy efficiency as an important buying criterion.

According to the report, one of the major drivers of the market is the growth of hydraulic fracking. Hydraulic fracking has opened new ways for tapping oil from oil wells once thought to be drained. This technique has been widely adopted in North America.

Further, the report states that one of the major challenges faced by the market is the threat from low-cost vendors. The entry of low-cost vendors from the APAC region has intensified the competition in the Global Medium Voltage Motors market in the past few years. These vendors offer motors at a cheaper price than leading international vendors.

Key Vendors

  • ABB Ltd.
  • Regal Beloit Corp.
  • Siemens AG

Key Topics Covered:

  1. Executive Summary
  2. List of Abbreviations
  3. Scope of the Report
  4. Market Research Methodology
  5. Introduction
  6. Market Landscape
  7. Market Segmentation by Product
  8. Geographical Segmentation
  9. Buying Criteria
  10. Market Growth Drivers
  11. Drivers and their Impact
  12. Market Challenges
  13. Impact of Drivers and Challenges
  14. Market Trends
  15. Trends and their Impact
  16. Vendor Landscape
  17. Key Vendor Analysis

For more information visit http://www.researchandmarkets.com/research/k8d73d/global_medium

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Sector: Engineering

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Sector: Engineering