MRO Magazine

Research and Markets: Energy-Efficient Motor Market by Type, Product, Application, End-User and Geography – Analysis & Forecast to 2015 – 2020


May 12, 2015
By Business Wire News

DUBLIN

Research and Markets (http://www.researchandmarkets.com/research/spsjtn/energyefficient) has announced the addition of the “Energy-Efficient Motor Market by Type, Product, Application, End-user, and Geography – Analysis & Forecast to 2015 – 2020” report to their offering.

Energy-efficient motors have successfully been utilized in the fields of industrial, commercial building, residential, and agricultural sector. With the continuous innovation in electric motor technology and consumption of low electricity, energy-efficient motors are expected to have a wider scope of applications in areas such as material handling, material processing, HVAC, pumps, compressed air, and fans. The huge demand from the industrial sector and worldwide adoption of international standard are the key opportunities for the growth of energy-efficient motors during the forecast period.

Energy-Efficient Motor Market is expected to grow at a CAGR of 11.78% between 2015 and 2020, and reach $82.23 Billion by 2020.

The report focuses on giving a detailed view of the complete market with regards to the application market, with detailed market segmentations, combined with the qualitative analysis of each and every aspect of the classification on the basis of application and geography. All the numbers, at every level of detail, are estimated till 2020 to give a glimpse of the potential size of this market.

Companies Mentioned:

– ABB Ltd.

– Baldor Electric Company

– Bosch Rexroth AG

– Emerson Electric Company

– General Electric

– Kirloskar Electric Company Ltd.

– Marathon Electric

– Regal Beloit Corporation

– Schneider Electric SE

– Siemens AG

For more information visit http://www.researchandmarkets.com/research/spsjtn/energyefficient

About Research and Markets

Research and Markets is the world’s leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

Research and Markets
Laura Wood, Senior Manager
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