Research and Markets: Global Electric Motor Market 2015-2019 Featuring the Top 20 Electric Motor Companies
September 10, 2015 | By Business Wire News
DUBLIN
Research and Markets (http://www.researchandmarkets.com/research/wqrfkh/global_electric) has announced the addition of the “Global Electric Motor Market 2015-2019” report to their offering.
The global electric motors market to grow at a CAGR of 6.30% over the period 2015-2019.
This report covers the present scenario and the growth prospects of the global electric motors market during the period 2015-2019. For ascertaining the market size and vendor share, the report considers revenue generated from the sales of electric motors.
The report, the Global Electric Motors Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Stringent electricity consumption standards and rising energy prices of are driving greater demand for energy-efficient electric motors all over the world. Vendors are forced to implement various standards and regulations that govern the manufacturing of energy-efficient electric motors. However, technological advances and more advocacy from the vendors’ end will likely contribute to market growth during the forecast period.
According to the report, an increasing number of consumers are adopting electric vehicles. Thus, wider adoption and rising sales of these vehicles will drive the demand for electric motors during the forecast period.
Further, the report states that fluctuating prices of raw materials are affecting market revenues, as well. Consequently, vendors struggle to offer superior-quality products at competitive prices.
Key Vendors
– ABB
– Ametek
– Baldor Electric
– Brook Crompton UK
– Danaher Motion
– Emerson Electric
– Faulhaber Group
– Johnson Electric Holdings
– Maxon Motor
– Regal Beloit
– Siemens
Other Prominent Vendors
– Allied Motion Technologies
– ARC Systems
– Asmo
– Franklin Electric
– Huali
– Nidec
– Rockwell Automation
– TECO-Westinghouse
– Toshiba
For more information visit http://www.researchandmarkets.com/research/wqrfkh/global_electric
View source version on businesswire.com: http://www.businesswire.com/news/home/20150910006449/en/
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