Global Industrial Motors Market Forecasts from 2016 to 2021 with ABB, Schneider Electric, Siemens, and Toshiba Leading the $93 Billion Market - Research and Markets

DUBLIN--()--Research and Markets has announced the addition of the "Industrial Motors Market - Forecasts from 2016 to 2021" report to their offering.

Global Industrial Motors Market is projected to grow at a CAGR of 5.44% over the forecast period to reach US$93 billion by 2021

Rising industrial production across the globe is escalating the growth of industrial motors market. Stringent energy standards and growing prices of electricity are further boosting the demand for energy-efficient industrial motors for various applications. Growing awareness regarding depletion of water resources and thus, rising need for water recycling globally will attribute to the growth of industrial motors market in the forthcoming years.

APAC industrial motors market is anticipated to grow at the fastest growth rate owing to rapid industrialization, infrastructure development in countries such as China and India, growing end-use industries such as automotive, food and beverage, and mining, and strict regulations in the wastewater management sector. Factors such as a high price of industrial motors than conventional motors coupled with high installation costs will hinder the growth of global industrial motors market during the forecast period.

Key industry players profiled as part of this section ABB, Schneider Electric, Siemens, and Toshiba Corporation among others.

Scope of the Report

By Motor Type:

  • Direct Current (DC)
  • Alternating Current (AC)
  • Others

By Voltage:

  • High Voltage
  • Medium Voltage
  • Low Voltage

By Industry Vertical:

  • Oil and Gas
  • Mining
  • Food and Beverage
  • Construction
  • Manufacturing
  • Pulp and Paper
  • Water and Wastewater
  • Others

Companies Mentioned

  • ABB
  • AMETEK
  • Emerson Electric
  • Fuji Electric
  • RobotShop
  • Rockwell Automation
  • Schneider Electric
  • Siemens
  • Technosoft
  • Toshiba Corporation

For more information about this report visit http://www.researchandmarkets.com/research/rw785w/industrial_motors

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
Related Topics: Motors

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
Related Topics: Motors