Global AC Electric Motor Sales in Oil and Gas Market 2020-2024

Global AC Electric Motor Sales in Oil and Gas Market 2020-2024

  • April 2020 •
  • 120 pages •
  • Report ID: 5892922 •
  • Format: PDF
Global AC electric motor sales in oil and gas market 2020-2024
The analyst has been monitoring the AC electric motor sales in oil and gas market and it is poised to grow by $ 3106.16 mn during 2020-2024 progressing at a CAGR of 5% during the forecast period. Our reports on AC electric motor sales in oil and gas market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the increase in oil and gas demand and growing investments in refineries. In addition, increase in oil and gas demand is anticipated to boost the growth of the market as well.
The AC electric motor sales in oil and gas market analysis includes type segment and geographic landscapes

The AC electric motor sales in oil and gas market is segmented as below:
By Type
• Induction motor
• Synchronous motor

By Geographic Landscapes
• APAC
• MEA
• North America
• Europe
• South America

This study identifies the rising number of E&P activities as one of the prime reasons driving the AC electric motor sales in oil and gas market growth during the next few years.
"The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our AC electric motor sales in oil and gas market covers the following areas:
• AC electric motor sales in oil and gas market sizing
• AC electric motor sales in oil and gas market forecast
• AC electric motor sales in oil and gas market industry analysis"