DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Southeast Asia and Australia-New Zealand Motors and Drives Market Outlook - 2017" report to their offering.
This outlook study provides an understanding of the motors and drives market in Southeast Asia (Vietnam, Thailand, Malaysia, Singapore, Indonesia, Philippines) and Australia-New Zealand for 2017. It discusses the current market scenario and expected changes by analyzing the key trends impacting demand and use of motors and drives, including use of smart sensors in motors, setting energy-efficiency norms, and expecting integration problems to persist before results emerge.
Growth in the SEA market for motors and drives in 2016 was slow despite it being relatively insulated from the global downturn. Australia, Indonesia, Thailand, and Malaysia were among the largest markets in the region and indispensable for motors and drives suppliers. Some of the initiatives planned for 2016 and beyond have been completed as planned while a few policies to promote trade and investment in the region were formulated. Being an ongoing activity, formulation and implementation of regulations has been covered in brief.
Revenue generated in the motors market was $1,800.0 million in 2016 while the drives market hit $409.4 million. As a part of this outlook study, this report identifies the key trends that will impact the motors and drives market in 2017, particularly for oil and gas; power generation; chemicals and petrochemicals; water and wastewater treatment; construction and mining; food and beverage; and heating, ventilation, and air conditioning (HVAC) end users.
Key Topics Covered:
- Executive Summary
- Research Scope and Segmentation
- Product Breakdown and Market Analysis
- Regional Snapshot
- End-user Segment by Product Type
- New Product/Service Launches 2016
- Key Trends to Watch - Motors and Drives Market
- Technology Outlook
- Growth Opportunities and Companies to Action
For more information about this report visit http://www.researchandmarkets.com/research/hhxzml/southeast_asia