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The Medium Voltage Motors Market project the value and sales volume of Medium Voltage Motors submarkets, with respect to key regions.
The Medium Voltage Motors Market project the value and sales volume of Medium Voltage Motors submarkets, with respect to key regions.

Global “Medium Voltage Motors Market” report offers a specified analysis of the different patterns and parameters affecting the development of the global Medium Voltage Motors market. The report also delivers an assessment of the effect of the current patterns in the market including the other essential information about the market’s future development. The report comprises detailed information relating to the growth factors of the Medium Voltage Motors market and also provides a forecast for the market growth.

Analysts forecast the global Medium Voltage Motors Market to grow at a CAGR of close to 4% during the period 2019-2023. Medium Voltage Motors Industry is the greatest segment of Medium Voltage Motors applications, types with a share of 3.41% in 2018.

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About Medium Voltage Motors Market:

Medium voltage motors are used in industrial drives for applications such as rolling mills, traveling cranes, rotary kilns, waving and spinning, and compressors, pumps, and blowers. Our medium voltage motors market analysis considers the revenue generation based on products such as AC motors, and DC motors. Our analysis also considers the sales of medium voltage motors in North America, Europe, APAC, MEA, and South America. In 2018, the AC motors segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as the operational benefits offered by medium voltage AC motors will play a significant role in the AC motors segment to maintain their market position. Also, our global medium voltage motors market report looks at factors such as the revival of CAPEX cycle in the energy sector, rising focus on energy efficiency due to the high-power consumption of industrial motors, and robust growth of process industries such as cement, steel, water, and wastewater. However, the need for several changes to install medium voltage motors on sites, limited technical knowledge about connection and maintenance, and high exposure of market to industries subject to fluctuating investment cycles may hamper the growth of the medium voltage motors industry over the forecast period.

The Top Medium Voltage Motors Market Manufacturers/Key Players:

  • ABB Ltd.
  • General Electric Co.
  • TECO Electric and Machinery Co. Ltd.
  • Toshiba Corp.
  • WEG SA.

Market Segment by Regions, regional analysis covers

  • North America
  • Europe
  • Asia-Pacific
  • South America
  • Middle East and Africa

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Medium Voltage Motors Market Research Report 2019-2023 provides Market characteristics, Opportunities, Development Factors, Segmentation analysis, Industry growth, sales, and Forecast 2023

Market Driver: rising focus on energy efficiency due to the high-power consumption of industrial motors

Market Trend: development of medium voltage drives and distribution systems

Market Challenge: limited technical knowledge about connection and maintenance

Rising focus on energy efficiency due to high power consumption of industrial motors

The market is witnessing a significant rise in focus on energy efficiency owing to the high-power consumption of industrial motors. Industrial motors consume more than 30% of the global electricity produced, which has encouraged industries to focus on replacing low voltage motors with medium voltage ones. Thus, the rising focus on energy efficiency will fuel the expansion of the medium voltage motors market at a CAGR of close to 4% during the forecast period.

Development of medium voltage drives and distribution systems

Industrial motors require components such as electric drives and switchgear to optimize their operations. These components facilitate optimal functioning in industrial motors. For instance, switchgear play an important role in regulating the flow of electricity, and electric drives manage the speed, torque, and direction of an electric motor. Thus, the availability of these components is expected to boost the production of medium voltage motors, which will impact the growth of the market during the forecast period.

Highlighted points of Market Report:

  • Varying dynamics of the industry
  • Potential changes in sales volumes and worldwide share growth in upcoming years
  • Participants’ profiles along with product description, overview, and business data
  • In-depth analysis of market risks, opportunities, limitations, and growth of the market.
  • Market driving and restraining factors

Some TOC Points Covered in this Medium Voltage Motors Market Report are:

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: MARKET LANDSCAPE
• Market ecosystem
• Market characteristics
• Market segmentation analysis

PART 04: MARKET SIZING
• Market definition
• Market sizing 2018
• Market size and forecast 2018-2023

PART 05: FIVE FORCES ANALYSIS
• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition

PART 06: MARKET SEGMENTATION BY PRODUCT
• Market segmentation by product
• Comparison by product
• Major household appliances – Market size and forecast 2018-2023
• Small household appliances – Market size and forecast 2018-2023
• Market opportunity by product

PART 07: CUSTOMER LANDSCAPE

PART 08: MARKET SEGMENTATION BY DISTRIBUTION CHANNEL
• Market segmentation by distribution channel
• Comparison by distribution channel
• Offline – Market size and forecast 2018-2023
• Online – Market size and forecast 2018-2023
• Market opportunity by distribution channel

PART 09: GEOGRAPHIC LANDSCAPE
• Geographic segmentation
• Geographic comparison
• APAC – Market size and forecast 2018-2023
• EMEA – Market size and forecast 2018-2023
• Americas – Market size and forecast 2018-2023
• Key leading countries
• Market opportunity

PART 10: DECISION FRAMEWORK

PART 11: DRIVERS AND CHALLENGES
• Market drivers
• Market challenges

PART 12: MARKET TRENDS
• Increased adoption of multi-functional and advanced products
• Growing adoption of smart household appliances
• Increase in MandA and strategic alliance activities
• Other trends

PART 13: VENDOR LANDSCAPE
• Overview
• Landscape disruption
• Competitive scenario

PART 14: VENDOR ANALYSIS

For Detailed TOC…

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To view the original version on The Express Wire visit Global Medium Voltage Motors Market 2019 – Industry Analysis by Top Key Players, Key Countries, Market Size & Share, Growth Rate Forecast to 2023