Integral Horsepower Motors Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2023
- Transparency Market Research
Integral Horse Power Motors are electrical motors which have horse power rating of 1 or above. These motors are highly energy efficient in nature and used across various application areas. The market is expected to grow during the forecast period. The rising global awareness to save energy is driving the market for integral horsepower motors as these motors are highly energy efficient in nature. Furthermore, the industries are using these motors to save on their electrical expenditures and hence reducing their operating costs. The integral horsepower motors are divided in two categories, three phase and single phase integral horse power motors. Each of these types of motors have a wide area of applications such as refrigeration, heating and cooling, air conditioning, swimming pools, industrial applications and commercial HVAC among others. The improving economical conditions in the European regions are expected to the drive the market with the increasing demand for automotives and growing industrial applications. Furthermore, the changing government regulation in Europe and North America markets is encouraging the use of energy efficient motors. In addition, the growing awareness for alternate sources of energy such as water and waste water is also spurring the growth of integral horsepower motors. These factors are driving the growth for this market.
However, the higher initial cost of installing these motors is acting as a major barrier in the growth of this market. The market is expected to witness growth during the forecast period due to the presence of developing regions such as India and China. The ongoing industrialization in these regions will act as an opportunity for the integral horsepower motors market. Furthermore, the schemes initiated by governments to encourage the companies to upgrade their motors for higher efficiency will also act as an opportunity for the integral horsepower motors market.
The integral horsepower motors market can be segmented into three categories: by types, application and region. By types the integral horsepower motors can be divided into small, medium and large motors. In terms of application, the market can be segregated into automotive industries, mining, power generation, food and beverages and HVAC segments. The automotive segment has major application for integral horsepower motors and is expected to witness steady growth during the forecast period.
In terms of region, the market can be divided into grow geographical locations: North America, Europe, Asia Pacific and Rest of the world. North America and Europe are the early adapters of technologies. However, the regions will witness a steady growth in this market due to the recent economic crisis in these regions. However, the Asia Pacific region is expected to witness robust growth due to the presence of developing nations such as India and China who are focusing on constant industrialization.
The integral horsepower motors are dominated by several players across the globe. Some of the key players in the market include ABB Ltd, Brook Crompton, Allied Motion Technologies, ARC Systems, Danaher Corporation, Rockwell Automation, TECO Westinghouse, Toshiba Corporation, Siemens AG, Emerson Electric and Regal Beloit among others.
This research report analyzes this market on the basis of its market segments, major geographies, and current market trends. Geographies analyzed under this research report include
- North America
- Asia Pacific
- Middle East and Africa
- Latin America
This report provides comprehensive analysis of
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for upcoming years
This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis.
Reasons for Buying this Report
- This report provides pin-point analysis for changing competitive dynamics
- It provides a forward looking perspective on different factors driving or restraining market growth
- It provides a six-year forecast assessed on the basis of how the market is predicted to grow
- It helps in understanding the key product segments and their future
- It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
- It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments
- It provides distinctive graphics and exemplified SWOT analysis of major market segments
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.
Have query on this report?Make an Enquiry
The team was the biggest help to us. Not only were we provided with customized solutions but also we were guided through the most complicated situations. The information was on-point yet comprehensive. The experience was absolutely satisfying and helped us turn many challenges into opportunities.
Ours is a startup with a unique set of challenges and we were therefore hesitant but the team totally put us at ease with their knowledge and expertise. Our business and its challenges were understood perfectly and help was extended accordingly. The tailor made approach really helped us gain the most informative insights.
The report repository is absolutely impressive –updated and exhaustive in terms of markets covered and information provides. Besides, with the support extended to us by the team, we could reduce costs as well as move to sustainable growth. This really helped us tap into new opportunities. Happy to have gone ahead with ResearchMos.us.
We have had a long term engagement with ResearchMoz.us and never have we felt that the work done and help extended were below flawless. The report repository is one of the best one can hope to tap into. Recently, our partner businesses opted for consultancy services and they are all thrilled with the outcome.
Insights from reports helped us improve our profit margins significantly. Most of the knowledge we needed on the market were provided to us on a granular basis. From trends, and drivers to competitive analysis, the information was not just crisp but also insightful. That helped us chart a robust growth strategy and as of now we are happy to state that we are reaping big benefits.