Global Energy Efficient Low Horsepower AC Motors Industry

Global Energy Efficient Low Horsepower AC Motors Industry

  • July 2020 •
  • 376 pages •
  • Report ID: 5899426 •
  • Format: PDF
Global Energy Efficient Low Horsepower AC Motors Market to Reach $98.2 Billion by 2027

Amid the COVID-19 crisis, the global market for Energy Efficient Low Horsepower AC Motors estimated at US$48.3 Billion in the year 2020, is projected to reach a revised size of US$98.2 Billion by 2027, growing at aCAGR of 10.7% over the period 2020-2027. Synchronous, one of the segments analyzed in the report, is projected to record 11% CAGR and reach US$40.7 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Asynchronous segment is readjusted to a revised 10.4% CAGR for the next 7-year period.

The U.S. Market is Estimated at $13.1 Billion, While China is Forecast to Grow at 14% CAGR

The Energy Efficient Low Horsepower AC Motors market in the U.S. is estimated at US$13.1 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$21.1 Billion by the year 2027 trailing a CAGR of 14.1% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 7.4% and 9.2% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 8.3% CAGR.We bring years of research experience to this 8th edition of our report. The 376-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Competitors identified in this market include, among others,
  • ABB Ltd.
  • Bosch Rexroth AG
  • Crompton Greaves Ltd.
  • Emerson Electric Company
  • General Electric Company
  • Honeywell International, Inc.
  • Johnson Electric Group
  • Kirloskar Electric Co., Ltd.
  • Leeson Electric Corporation
  • Magnetek, Inc.
  • Marathon Electric India Pvt.Ltd
  • Mitsubishi Electric Corporation
  • Nidec Motor Corporation
  • Power Efficiency Corporation
  • Regal Beloit Corporation
  • Schneider Electric SA
  • Siemens AG
  • Toshiba Corporation
  • UQM Technologies, Inc.
  • WEG SA
  • Wellington Drive Technologies Limited