In this report, the Global Asynchronous Motor market is valued at USD XX million in 2019 and is expected to reach USD XX million by the end of 2026, growing at a CAGR of XX% between 2019 and 2026. Global Asynchronous Motor market has been broken down by major regions, with complete market estimates on the basis of products/applications on a regional basis.
Asynchronous motor, also called induction motor, is an AC electric motor in which the electric current in the rotor needed to produce torque is obtained by electromagnetic induction from the magnetic field of the stator winding. Asynchronous motor therefore does not require mechanical commutation, separate-excitation or self-excitation for all or part of the energy transferred from stator to rotor. Asynchronous motor’s rotor can be either wound type or squirrel-cage type.
Three-phase squirrel-cage asynchronous motors are widely used in industrial drives because they are rugged, reliable and economical. Single-phase asynchronous motors are used extensively for smaller loads, such as household appliances like fans.
Europe, USA and China are the main production base of asynchronous motor, key manufacturers: ABB, Emerson, GE, TECO, Regal-Beloit, Nidec, Siemens, Tatung, Hitachi, WEG, Bosch Rexroth, SEW-Eurodrive, Cummins, YASKAWA , Toshiba, VEM, NORD, Landert, ABM Greiffenberger, SPG, Brook Crompton, Sterling Electric, Wolong, XEMC, JLEM, Huali Group, Jiangte , WNM, Ydmotor, Dazhong are mostly located here. The production of asynchronous motor was 31991.5 K units in 2014, of which 83.41% is produced in Europe, USA, and China.
Market Analysis and Insights: Global Asynchronous Motor Market
In 2019, the global Asynchronous Motor market size was US$ 9363.7 million and it is expected to reach US$ 15930 million by the end of 2026, with a CAGR of 7.8% during 2021-2026.
Global Asynchronous Motor Scope and Market Size
Asynchronous Motor market is segmented by region, by country, company, type, application and by sales channels. Players, stakeholders, and other participants in the global Asynchronous Motor market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region, by country, company, type, application and by sales channels for the period 2015-2026.
Segment by Type, the Asynchronous Motor market is segmented into
Single-phase asynchronous motor
Three-phase asynchronous motor
Segment by Application, the Asynchronous Motor market is segmented into
Engineering and manufacturing industry
Regional and Country-level Analysis:
Rest of Asia-Pacific
Rest of Europe
Rest of Latin America
Middle East & Africa
Rest of MEA
Competitive Landscape and Asynchronous Motor Market Share Analysis
Asynchronous Motor market competitive landscape provides details and data information by companies. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on sale and revenue by players for the period 2015-2020. Details included are company description, major business, Asynchronous Motor product introduction, recent developments, Asynchronous Motor sales by region, type, application and by sales channel.
The major companies include:
Reasons to Buy This Research Report
- Complete access to Global Asynchronous Motor market size, growth rate and forecast to 2026
- In-depth quantitative information on key regional Global Asynchronous Motor markets including North America, Europe, MEA and Asia Pacific
- Global Asynchronous Motor Market estimates and forecasts for key products/applications on a regional basis
- Facility to obtain country level information for complete Global Asynchronous Motor market segmentation
- Key trends, drivers and restraints for global Global Asynchronous Motor market
- Challenges to market growth for Global Asynchronous Motor manufacturers
- Key market opportunities of Global Asynchronous Motor Industry
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