#induction motor Market Share

[strangemusictriumph]

Induction Motor Market - Forecast(2022 - 2027)

Induction Motor Market Size is forecast to reach $54.2 billion by 2026, at a CAGR of 6.5% during 2021-2026. An induction motor is an AC electric motor in which torque is produced by the reaction between a varying magnetic field generated in the stator and the current induced in the coils of the rotor. It is used in a majority of machinery, as it is more powerful and eco-friendly compared to the conventional motors in the market. North America has significant share in global induction motor market due to a developed usage of an induction motor in the significant industrial manufacturing, aerospace & defense, and automotive companies. In addition to the growing preference for electric vehicles in the U.S. is also stimulating the growth in North America.

Report Coverage

The report: “Induction Motor Market Report– Forecast (2021-2026)”, by IndustryARC covers an in-depth analysis of the following segments of the Induction Motor market

By Rotor Type: Inner Rotor, Outer Rotor

By Type: Single Phase, Three Phase

By Efficiency Class: IE1, IE2, IE3, IE4

By Voltage: Upto 1KV, 1-6.6 KV, Above 6.6KV

By Vertical: Industrial, Commercial, Residential, Agriculture, Automotive and Others

By Geography: North America (U.S, Canada, Mexico), South America(Brazil, Argentina and others), Europe(Germany, UK, France, Italy, Spain, Russia and Others), APAC(China, Japan India, SK, Aus and Others), and RoW (Middle East and Africa)

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Key Takeaways

The rising demand for efficient energy usage over concerns of environmental impact of energy generation from conventional sources such as coal and natural gas, is expected to help grow the Induction Motor market in APAC.

The inner rotor segment is growing at a significant CAGR rate of 7.1% in the forecast period. In inner rotor type motors, rotors are positioned at the centre and surrounded by stator winding. 

Automotive sector is expected to witness a highest CAGR of 8.9% the forecast period, owing to various factors such as increase in sales of electric vehicles due to rising concerns over greenhouse gases emissions, and favourable government policies in countries such as India, China and so on. 

Induction Motor companies are strengthening their position through mergers & acquisitions and continuously investing in research and development (R&D) activities to come up with solutions to cater to the changing requirements of customers. 

Induction Motor Market Segment Analysis - By Rotor Type

Three Phase segment is growing at a significant CAGR of 11.1%

 in the forecast period. A three phase induction motor is a type of AC induction motors which operates on three phase supply. These three phase induction motors are widely used AC motor to produce mechanical power in industrial applications. Almost 70% of the machinery in industrial applications uses three-phase induction motors, as they are cost-effective, robust, maintenance-free, and can operate in any environmental condition. Moreover, induction motors are the most used in industry since they are rugged, inexpensive, and are maintenance free. In addition they are widely used in the mining metals and cement, automotive, oil and gas, healthcare, manufacturing industries and so on. Increase awareness of environmental protection across industries also contributes to the growth of three phase induction motors, as they have a low emission rate. Moreover, the shift towards industrial automation, coupled with the rising consumer confidence & promising investment plans triggers demand for the three phase induction motor in industrial application. Furthermore, the advent of Industry 4.0 and technological advancements enables a wide adoption base for the three phase induction motors. In 2019, Oriental Motor USA introduced their latest high efficiency three-phase AC induction motors equipped with a terminal box and a high strength right-angle hypoid gearhead, these new three-phase motors have the capacity of two new wattages of 30W and 40W and expands the KIIS Series Standard AC motors product line-up. 

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Induction Motor Market Segment Analysis - By Vertical 

Automotive sector is expected to witness a highest CAGR of 8.9% in the forecast period, owing to various factors such as increase in sales of electric vehicles due to rising concerns over greenhouse gases emissions, and favorable government policies in countries such as India, China and so on. In addition, the shift towards industrial automation, coupled with the rising consumer confidence & promising investment plans triggers demand for the induction motor in industrial application. Furthermore, the advent of Industry 4.0 enables a wide adoption base for the induction motors. Moreover, growing number of product launches by major manufacturers will drive the market growth in the forecast period. In September 2019, Motor and drive manufacturer WEG released the M Mining series of slip-ring induction motors which are designed especially for use in the dusty environments of iron ore operations and the cement sector. In July 2019, Ward Leonard launched 2000 HP induction motor WL29BC200 which is designed tote into a package of 15000 HP for the oil and gas industry. In September 2019, Tata Motors launched Tigor EV for private buyers as well as cab aggregators and EESL staff. he Tata Tigor electric uses a 72 V, 3-Phase Induction motor

Induction Motor Market Segment Analysis - By Geography 

Induction Motor market in Asia-Pacific region held significant market share of 38.5% in 2020. Increasing compliance for energy efficient motors and rising adoption of motor-driven electric vehicles are the key factors driving market growth.  The rising demand for efficient energy usage over concerns of environmental impact of energy generation from conventional sources such as coal and natural gas, is expected to help grow the Induction Motor market. In addition advancements in the agriculture sector and enormous investments in industrialization in countries such as China, India, South Korea, and Australia is driving the market growth. Further, the increasing production and sales of electric vehicles in countries including China and Japan is also analyzed to drive the market growth. 

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Induction Motor Market Drivers 

Robust Structure of Motor

The rough physical structure of the motor is predicted to be a major driving factor for the growth of the induction motor market. Induction motor are robust in nature and can be operated in any climatic conditions. Moreover, the absence of slip rings and brushes in the motor induction eliminates the chances of sparks, which makes the operation safe even in the most explosive working conditions. In addition, induction motor is cost effective, highly reliable and the maintenance is very less, which is expected to propel the growth of the induction motor market in the forecast period 2021-2026.

Rise in Production of Electric Vehicles

The electric car market has witnessed rapid evolution with the ongoing developments in automotive sector and favourable government policies and support in terms of subsidies and grants, tax rebates. As induction motors especially three phase are widely used in electric vehicles because of high efficiency, good speed regulation and absence of commutators is analysed to drive the market growth. In addition these motor also serves as an alternative of a permanent magnet in the electric vehicles. Hence rise in production of electric vehicles is analysed to drive the market. In 2019, Ford has invested $1.45 billion in Detroit plants in U.S., to make electric, autonomous and sports utility vehicles, which is mainly aimed to increase the production of the vehicles thereby impacting on the high procurement of the induction motors.  In 2019, Toyota announced plans to invest $749M in expanding the U.S. manufacturing facilities to increase the production of the electric and hybrid vehicles. In 2020, General Motors had committed boost its electric vehicle production by investing more than $7 billion. Moreover governments of several countries have been investing heavily for the development of electric vehicles. In 2019 German government has committed to invest more than $3 billion to expand electric car market growth in the region. Hence these investments and developments are analysed to be the key drivers for the growth of the electric vehicle market and thereby the growth of induction motor market during the forecast period 2021-2026.

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Induction Motor Market Challenges

Easy availability of low-quality Induction Motors

The market for Induction Motors is highly fragmented, with a significant number of domestic and international manufacturers. Product quality is a primary parameter for differentiation in this market. The organized sector in the market mainly targets industrial buyers and maintains excellent product quality, while the unorganized sector offers low-cost alternatives to tap local markets. Local manufacturers of Induction Motors in most countries target the unorganized sector and compete strongly with the global suppliers in the respective markets. Leading market players are currently exposed to intense competition from such unorganized players supplying inexpensive and low-quality Induction Motors. This acts as a key challenge for the growth of the market.

Induction Motor Market Landscape

Product launches, acquisitions, Partnerships and R&D activities are key strategies adopted by players in the Induction Motor market. Induction Motor top 10 companies include ABB Ltd. AMETEK, Inc., Johnson Electric Holdings Limited, Siemens AG, Rockwell Automation, Toshiba Corp., Hitachi Ltd., Nidec Corporation, ARC Systems Inc., among others.

Acquisitions/Product Launches

In 2021 BorgWarner launched HVH 320 Induction Motors in four variants. They are offered to light-duty passenger cars and heavy-duty commercial vehicles.

In 2020, ABB has launched new range of low voltage IEC induction motors, which are compactly designed and reduces the overall size of the equipment by minimizing space and total cost of ownership.

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[audio-luddite]

Myth-information

Like that word? I just thought of it.

I was meditating on the Frank Doris document linked in my previous post. The guy has gobs of experience, but that is tempered by his clinging to myths and misunderstandings to reach conclusions. There always has to be a conclusion.

I heard an effect it must be due to this thing. Or not.

So he likes planar speakers cuz they are low mass and such. Well if they truly were that they would have really good high frequency response and you know they don't. All current units have woofers and tweeter drivers as you do not have a practical true full range planar driver. There are two types of planar speakers. One is the magnetic like the Magneplanar. The other are various flavors of electrostatics. Skipping details he likes the sound (as do I) because they are low mass and fast (which they are not). But the truth is they are very inefficient and non-linear and not that low mass compared to a simple cone driver. The motors of cone drivers are much more efficient for a given mass of moving parts.

All planars either electrostatic or magnetic are non-linear. The forces applied to the diaphragm is from an electrostatic charge on grids or magnetic field which accelerates a thin sheet. BUT practical considerations require the diaphragm to be under significant tension which increases the restoring force the more the sheet moves from rest. A linear signal input gives you a not linear displacement. Effectively it is a signal compression. I know this as I have built them. But they still sound good.

Why do they sound acceptable and even very good? Well they have a large radiating area which couples well to the air in the room. An 8" speaker cone has 50 squinches of area. A modest planar speaker can have 10 times that. My electrostatics had 1500 squinches of area. That coupling is actually an impedance matching effect so the sound is put into the air very efficiently once it has got past all the mechanical limitations. It appears as impact and such. That goodness compensates for most of the inherent badness.

Big horn speakers share this impedance matching effect. The area of the horn outlet is the effective area of the speaker. In big Khorns you are talking square feet of area. But they have phase issues and horns distort, sorry.

There is no ideal speaker solution. Any method can be made to fool your brain. All have flaws.

Interconnect wires can effect sound. Not for the reasons noted in the marketing materials. I had a high end rather long shielded cable to link my front end to my amps back when I placed them right beside my speakers. (Audioquest brand) As they were shielded they were capacitors. Those very long runs dulled the high frequencies. I no longer need that length. I made a set of short cables by braiding four wires just long enough to reach between my preamp and my amplifier. It made a big difference. I cut the fancy cables to the same length and guess what they now sounded identical. Simple and cheap is fine.

All the bumf about speaker cables is bragging about how much money you can spend. Skin effect, time smearing, and all that does have an effect in radio frequencies but none at all in audio frequencies. The only factors that matter are inductance, resistance, and capacitance. All wires have those. Note that some very expensive audio electronics both produce and respond to radio frequencies due to design flaws. Don't buy that stuff. Just a simple heavy gauge wire is all you need.

Remember that the 20 odd feet of fancy speaker cables connects to maybe a hundred feet of fine voice coil wire and 60 odd feet of inductor wire inside your speaker box. The entire loop counts and adds together.

Insert rant here about fancy power cables. If they help, your equipment has a problem in the power supply. All that might change is your grounding condition and perhaps invalidating your fire insurance.

Oh and the eternal conflict between tubes and transistors. Yes that is a thing. They sound different while measuring the same. Does that prove that measurements are meaningless? No just they measure what they can measure. Skilled designers can make either sound like the other. But each tribe has its fan base and those people must be served. My tube amp is different here and there, but overall more similar to my transistor franken-amp than not. The differences are very small. And it is fun to explore.

Anyone who truly understands this stuff just rolls their eyes when the golden ears start to preach. I almost understand this stuff.

[businessindustry]

Ignition Coil Market Technological Trends and Future Threats Analysis by 2024-2032

The Reports and Insights, a leading market research company, has recently releases report titled “Ignition Coil Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2031.” The study provides a detailed analysis of the industry, including the global Ignition Coil Market Size share, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights:

How big is the Ignition Coil Market?

The global ignition coil market size was US$ 2.7 Billion in 2022. Furthermore, the market is expected to register a revenue CAGR of 4.8% during the forecast period and reach a market size of US$ 4.1Bn in 2031.

What are Ignition Coil?

An ignition coil plays a vital role in the ignition system of an internal combustion engine, converting the low voltage from the battery into the high voltage necessary to produce a spark in the spark plugs. This spark initiates the combustion process by igniting the fuel-air mixture in the engine's cylinders, powering the vehicle. Operating on electromagnetic induction principles, the ignition coil comprises a primary coil winding that receives the low voltage and a secondary coil winding that generates the high voltage.

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What are the growth prospects and trends in the Ignition Coil industry?

The ignition coil market growth is driven by various factors and trends. The ignition coil market is on a stable growth trajectory globally, propelled by the growing automotive industry worldwide. These coils are indispensable for ensuring efficient engine ignition in gasoline-powered vehicles. Technological advancements, including the introduction of sophisticated ignition systems that enhance fuel efficiency and lower emissions, are further fueling market growth. Moreover, the increasing popularity of electric vehicles is opening up new avenues for ignition coil manufacturers, as these vehicles still rely on ignition systems for specific functions. With the automotive sector evolving towards more efficient and environmentally friendly vehicles, the ignition coil market is poised for continued expansion. Hence, all these factors contribute to ignition coil market growth.

What is included in market segmentation?

The report has segmented the market into the following categories:

Conventional Ignition Coils

Distributor Ignition Coils

Coil-on-Plug Ignition Coils

Smart Ignition Coils

Vehicle Type:

Passenger Cars

Light Commercial Vehicles (LCVs)

Heavy Commercial Vehicles (HCVs)

Electric Vehicles (EVs)

Technology:

Conventional Ignition Systems

Capacitive Discharge Ignition (CDI) Systems

Electronic Ignition Systems

Distributorless Ignition Systems (DIS)

Sales Channel:

Original Equipment Manufacturers (OEMs)

Aftermarket

Application:

Gasoline Engines

Diesel Engines

Compressed Natural Gas (CNG) Engines

Others

Segmentation By Region:

North America:

United States

Canada

Europe:

Germany

The U.K.

France

Spain

Italy

Russia

Poland

BENELUX

NORDIC

Rest of Europe

Asia Pacific:

China

Japan

India

South Korea

ASEAN

Australia & New Zealand

Rest of Asia Pacific

Latin America:

Brazil

Mexico

Argentina

Middle East & Africa:

Saudi Arabia

South Africa

United Arab Emirates

Israel

Who are the key players operating in the industry?

The report covers the major market players including:

Bosch

Denso Corporation

Delphi Technologies (now part of BorgWarner)

NGK Spark Plug Co., Ltd.

Valeo

Standard Motor Products, Inc.

Hitachi Automotive Systems

Federal-Mogul (now part of Tenneco)

Mitsubishi Electric Corporation

ACDelco (a division of General Motors)

Bremi Fahrzeug-Elektrik GmbH & Co. KG

Hella GmbH & Co. KGaA

Continental AG

SMP Deutschland GmbH (formerly BERU)

Mitsubishi Electric Automotive America, Inc.

View Full Report: https://www.reportsandinsights.com/report/Ignition Coil-market

If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.

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Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

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[creativeera]

Soft Starters Market Are Driving Growth in Power Efficiency Trends

The soft starter market offers effective solutions for motor starting across industries by facilitating smooth acceleration and reducing voltage spikes. Soft starters are employed to start induction motors in a gradual, controlled manner without high start-up currents occurring. They prevent mechanical and electrical stresses on equipment, reduce power consumption, and enhance motor lifespan. The devices simplify motor operation, offer low maintenance requirements and high reliability. The global soft starter market size was valued at US$ 2,386.5 million in 2022 and is anticipated to witness a compound annual growth rate (CAGR) of 8.23% from 2023 to 2030. 

Key Takeaways Key players Key players operating in the soft starter market are Siemens AG, Aucom Electronics Ltd (Benshaw Inc.), Schneider Electric SE, IGEL Electric GmbH, Eaton Corporation PLC, Crompton Greaves Ltd., ABB Ltd., Toshiba Corporation, Rockwell Automation Inc., Fairford Electronics Inc. (Motortronics UK Ltd), and Danfoss Group. Each of these players has strengthened its position in the market through product launches and expansions. Growing demand Growing industrialization and infrastructure development has increased Soft Starter Market demand for industrial equipment and commercial buildings which require heavy duty applications like compressors, pumps, fans and conveyors that utilize AC induction motors. Growing electricity cost concerns have also fueled adoption of soft starters for enhanced energy efficiency. Global expansion Key soft starter manufacturers are focusing on expanding their geographic footprint through partnerships and joint ventures in developing regions including Asia Pacific, Middle East and Latin America. Rapid industrialization and initiatives towards smart infrastructure and green buildings in these regions will drive future demand. Market key trends The Soft Starter Market Size and Trends rising popularity of variable frequency drives (VFDs) and their declining costs are prompting end-users to replace traditional starters with VFDs. VFDs provide enhanced control functionality, energy savings and control speed in addition to starting and stopping electric motors, replacing conventional soft starters. However, soft starters still remain competitive for small to medium capacity motors and are preferred for simplicity and lower cost.

Porter's Analysis Threat of new entrants: Low start-up costs and weak intellectual property rights in some countries pose a moderate threat of new entrants in the soft starter market. Bargaining power of buyers: Large industrial buyers have significant bargaining power due to the significant volume of their purchases. However, the availability of substitutes provides a balance in buyers power. Bargaining power of suppliers: The high dependence of original equipment manufacturers (OEMs) on a few component suppliers results in moderate bargaining power of suppliers in the soft starter market. Threat of new substitutes: Technological advancements have increased the demand for variable speed drives and frequency converters, posing a moderate threat of substitution to soft starters. Competitive rivalry: The presence of numerous global and regional players results in high competitive rivalry in the soft starter market. Key differentiation factors include product innovation, reliability, and customer support. Geographical Regions North America accounted for the largest share of the soft starter market in 2024, with the United States being the major revenue generator. Growth in end-use industries such as oil & gas, mining, food & beverage, and others is fueling market demand. The Asia Pacific region is projected to register the fastest CAGR through 2031. Rapid industrialization and urbanization in China, Japan, and India are key growth drivers. Increasing focus on energy efficiency and growing adoption of VFDs and soft starters are supporting regional market expansion. Europe is a major soft starter market, with Germany, France, and the UK generating sizeable revenues. Strict emission norms and the need to optimize process performance are stimulating adoption. The soft starter market is diversifying with new technologies and customized offerings for renewable energy applications as well.

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About Author:

Ravina Pandya, Content Writer, has a strong foothold in the market research industry. She specializes in writing well-researched articles from different industries, including food and beverages, information and technology, healthcare, chemical and materials, etc. (https://www.linkedin.com/in/ravina-pandya-1a3984191)

[robertemma27-blog]

Intelligent Power Module Market Growth Insights and Innovations 2024

The global intelligent power module market size is expected to grow from USD 1.8 billion in 2022 to USD 3.0 billion by 2027, at a CAGR of 10.7%. The increasing usage of IPMs in industrial, consumer electronics and automotive verticals are the key factors boosting the growth of the market.

Rising requirements for power generation through renewable sources, focus of OEMs on providing novel and efficient energy and power monitoring modules as well as surging demand for IPMs in industrial, automotive and consumer electronics vertical are some of the major factors propelling the growth of intelligent power module market.

Mitsubishi Electric (Japan), ON Semiconductor(US), Infineon Technologies(Germany), Fuji Electric(Japan), and Semikron (Germany) are the top five players in the intelligent power module market globally.

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Industrial segment to account largest market share during the forecast period.

Industrial vertical of the intelligent power module market is expected to contribute to the largest market share during forecast period. Processes such as electroplating, electrolysis, welding, lighting, induction heating, and other industrial operations are equipped with power modules to use electric power efficiently and safely. The ease of manufacturing has also led to the availability of these devices in a vast range of ratings as well as in high voltage. IPMs control almost all motors employed in rolling, textile, and cement mills. Furthermore IPMs have applications in both solar and wind energy systems. Thus, the increasing number of renewable energy projects worldwide is expected to drive the growth of the intelligent power module market during the forecast period. IPMs are also used extensively in renewable energy generation facilities such as solar energy plants, wind energy plants, and tidal energy plants. The initiatives taken by governments across several countries to encourage the generation of renewable energy are also expected to drive the intelligent power module market.

Up to 100 A segment is projected to hold the largest share of the intelligent power module market for current rating during forecast year

The intelligent power module market for the up to 100 A segment accounted for the largest share of the overall market in 2021. An intelligent power module with a current rating of up to 100 A is majorly used in domestic consumer electronics such as air conditioners, washing machines, and dishwashers. As automation has become an integral part of day-to-day life, the demand for consumer electronics equipped with intelligent power modules having up to 100 A current ratings is rising significantly, which, in turn, is expected to fuel the growth of this segment.

IGBT segment is projected to hold the largest share of the intelligent power module market for power devices during forecast year

The IGBT segment is expected to hold a larger share of the intelligent power module market during the forecast period due to its growing usage in consumer and low-power industrial applications. The rising demand for new and improved technologies in the industrial vertical of emerging economies such as South Korea and India is expected to fuel the adoption of IGBT-based IPMs in the coming years

China to account for a significant market share of Asia Pacific from 2022 to 2027

China is projected to account for the major share of the intelligent power module market in Asia Pacific from 2022 to 2027. The country is a key manufacturer of electronic devices. The country is also know for low cost automotive product manufacturing. It is the most significant economy in the region. Factors such as ongoing industrialization, the rising requirement for replacing aging renewable plants and energy sources, and increasing adoption of novel and efficient power modules by manufacturing firms in automotive, electronics, industrial and other applications is pushing the growth of the intelligent power module market in China.

[trendingreportz]

Electric Motor Market - Forecast(2024 - 2030)

 Electric Motor Market Overview

Electric Motor Market Size is forecast to reach $169 billion by 2030, at a CAGR of 5.6% during 2024-2030. The increase in global electricity consumption and the use of electrical equipment and machines in different industries and the renewables sector are major factors driving the growth in the electric motor market during the forecast period. An increase in awareness of green vehicles among customers has been a key factor leading the market. Besides this, a rising number of government incentives to encourage sales of green vehicles for safeguarding the environment from carbon emissions is analysed to drive the market. The growing interest in sustainable transportation has driven the demand for electric vehicles. Electric motors play a crucial role in powering EVs, and advancements in motor technology contribute to increased efficiency and range. The industrial sector is witnessing the integration of electric motors with the Internet of Things (IoT) and Industry 4.0 technologies. This integration allows for real-time monitoring, predictive maintenance, and improved efficiency in industrial processes.

Smart motor technologies, incorporating features like connectivity, sensors, and advanced control systems, are becoming more prevalent. These innovations contribute to better performance, remote monitoring, and enhanced automation in various applications. Developments in motor control systems, including advanced algorithms and power electronics, contribute to improved motor performance, reduced energy losses, and enhanced control precision. There is an increasing emphasis on developing more energy-efficient electric motors to meet sustainability goals and reduce energy consumption. Regulations and standards promoting energy efficiency also influence the design and manufacturing of electric motors. Additionally, Electric motors have been observing several advancements in technology over the past few years, owing to which its demand is set to gain higher traction during the forecast period 2024-2030.

Report Coverage

The report: “Electric Motor Market Report– Forecast (2024-2030)”, by IndustryARC covers an in-depth analysis of the following segments of the Electric Motor market

By Product Type: AC Motor (Induction Motor, Synchronous Motor, Servo Motor, Stepper Motor), DC Motor (Brushed DC Motor, Brushless DC Motor, Servo Motor, Series Motor, Stepper motor, Compound Motor).

By Product Category: Permanent Magnet, Non-Permanent Magnet.

By Phase: Single Phase, Three Phase.

By Power Rating: Below 0.5W, 0.5W-1W, 1W to 100W, 100W to 1KW, 1KW to 10KW, 10KW and Above.

By Efficiency: IE1, IE2, IE3, IE4.

By Application: Commercial (Automated Doors, Elevators & Escalators, Blowers, Electric Sweepers, Hand Dryers, Data Center & UPS, Pumps, Power Tools, Water Coolers, Camera PTZ Control, Drones, Others), Consumer Products (Pumps, Hair Dryers, Lawn Mowers, Boilers, Dishwashers, Vacuum Cleaners, washing machine, Blenders & Mixers, Fans & Chimneys, Desktop & Laptops, Smartphones, Refrigerators, Others), Automotive (Body Control motors, EPS Motors, Brake Booster BLDC Motor, Seat Adjustment, Belt Tensioner, Car Window Motor, Door Lock Motors, Wiper Motor, Others), Medical & Healthcare (Diagnostic Equipment (CT Scanners, MRI, Biopsy Systems, Diagnostics Analyzers, Ultrasound Transducers, X-Ray, Others), Medical Centrifuges, Medical Pumps, Blowers and Compressors, Surgical Instruments (Saws, Drills, Surgical Robots, Others), Dental CAD/CAM Milling Machines, Exoskeleton & Prosthetics, Microscopes, Wheelchairs & Scooters, Stair Lifts, Hospital Beds & Exam Tables, Others).

By Geography: North America (U.S, Canada, Mexico), South America(Brazil, Argentina and others), Europe(Germany, UK, France, Italy, Spain, Russia, Netherlands, Poland, Czechia, Belgium, Sweden  and Others), APAC(China, Japan India, SK, Aus and Others), and RoW (Middle East and Africa)

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Key Takeaways

• The rising demand for efficient energy usage over concerns of environmental impact of energy generation from conventional sources such as coal and natural gas, is expected to help grow the electric motor market in APAC.

• The DC Motor segment is growing at a significant CAGR of 7.6% in the forecast period 2024-2030. A DC motor consists of a stator and a rotor.

• Medical & Healthcare sector is expected to witness a highest CAGR of 8.5% the forecast period 2024-2030, due to its extensive reliance on electrically powered devices and equipment. Diagnostic imaging equipment, such as MRI and CT scanners, demands high-performance electric motors for precise movements and accurate imaging. 

• Electric Motor companies are strengthening their position through mergers & acquisitions and continuously investing in research and development (R&D) activities to come up with solutions to cater to the changing requirements of customers. 

Electric Motor Market Segment Analysis - By Product Type

The DC Motor segment is expected to grow at a significant CAGR of 7.6% during the forecast period 2024-2030. Owing to the growing penetration of brushless DC motors across various industry verticals substituting brushed dc and even ac induction motors in certain applications such as home appliances. DC motors are used in electric vehicles in the automotive industry for various non-traction applications, contributing to the ongoing shift towards sustainable transportation. As the demand for electric vehicles grows, so does the demand for efficient and dependable DC motors. DC motors are also widely used in industrial automation, powering conveyor systems, robotics, and manufacturing equipment. Owing to the ease of control, they are suitable for accurate and regulated movements in automated processes.

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Electric Motor Market Segment Analysis - By Application

Medical & Healthcare sector is expected to witness a highest growth of CAGR 8.5% during the forecast period 2024-2030, owing to the increase in investments in healthcare and medical sector, along with growing penetration of advanced medical devices & equipment in the sector such as surgical robots, advanced imaging & diagnostic equipment, prosthetics and so on. Medical advances and technical improvements have resulted in the development of a wide range of medical instruments and gear that significantly rely on the precision and efficiency provided by electric motors. High-performance electric motors are required for precise motions and accurate imaging in diagnostic imaging equipment such as MRI and CT scanners. Electric motors provide stability and consistency to patient care and monitoring systems such as infusion pumps and monitoring equipment. Furthermore, the incorporation of electric motors in mobility aids such as electric wheelchairs and patient lifts improves accessibility for people who have mobility issues. Electric motors are used in laboratory equipment, robotic surgical systems, and a variety of medical tools, all of which contribute to the overall efficiency and improvement of healthcare techniques. The demand for electric motors is on the rise as the healthcare industry evolves and adopts more technologically sophisticated solutions, fueling additional innovation in this critical sector.

Electric Motor Market Segment Analysis - By Geography 

Electric Motor market in Asia-Pacific region held significant market share of 38% in 2023. Increasing compliance for energy efficient motors and rising adoption of motor-driven electric vehicles are the key factors driving market growth.  The rising demand for efficient energy usage over concerns of environmental impact of energy generation from conventional sources such as coal and natural gas, is expected to help grow the electric motor market. In addition, advancements in the agriculture sector and enormous investments in industrialization in countries such as China, India, South Korea, and Australia is driving the market growth. Further, the increasing production and sales of electric vehicles in countries including China and Japan is also analyzed to drive the market growth. 

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Electric Motor Market Drivers

Rise in demand for Electric Vehicles

The electric car market has witnessed rapid evolution with the ongoing developments in automotive sector and favorable government policies and support in terms of subsidies and grants, tax rebates. Major manufacturers such as General Motors, Toyota, and BMW plan to release a potential of 400 models and estimated global sales of 25 million by 2025. In 2022, Ford Motor has committed to increase its investments in electric vehicles to $50 billion by 2026, up from a previous spend of $30 billion by 2025. Similarly, in 2020, Volkswagen, Chinese ventures has committed to invest $17.5 billion in electric vehicles by 2025. As electric vehicles use various types of electric motors for traction & auxiliary applications, the rising demand for electric vehicles globally is set to assist the market growth for electric motors used in the same.

Growing R&D activities 

Manufacturers are continuously focusing on R&D to develop new and effective electric motors to meet consumer demand. Increasing concerns, such as environmental pollution and regulations, are forcing manufacturers to develop electric motors that reduce vibration and increase efficiency. For instance, a synchronous electric motor is around 80% more efficient than an induction electric motor. Similarly, the development of a new type of steel for electric motors, which reduces the weight of the electric motor and makes it more efficient and powerful. This new type of electric motor will be small in size and cost effective, which will raise demand from residential and commercial applications. Moreover growing developments from various companies is also analysed to drive the market growth. Hence these factors are analysed to drive the market growth in the forecast period 2024-2030.

Electric Motor Market Challenges 

Easy availability of low-quality electric motors

The market for electric motors is highly fragmented, with a significant number of domestic and international manufacturers. Product quality is a primary parameter for differentiation in this market. The organized sector in the market mainly targets industrial buyers and maintains excellent product quality, while the unorganized sector offers low-cost alternatives to tap local markets. Local manufacturers of electric motors in most countries target the unorganized sector and compete strongly with the global suppliers in the respective markets. Leading market players are currently exposed to intense competition from such unorganized players supplying inexpensive and low-quality electric motors. This acts as a key challenge for the growth of the market.

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Market Landscape

Product launches, acquisitions, Partnerships and R&D activities are key strategies adopted by players in the Electric Motor market. Electric Motor top 10 companies include:

ABB Ltd

Johnson Electric Holdings Limited

Siemens AG

Rockwell Automation

Nidec Corporation

Bosch Electric

Regal Rexnord

Franklin Electric Company Inc.

Teco Electric & Machinery Co. Ltd.

Wolong Electric Group co. ltd.

Acquisitions/Product Launches

• In July 2023, Nidec Corporation announced that it has successfully developed a new electric power steering motor power pack*1 (“EPS-PP”).

• In July 2023, WEG announced new investments for its motor manufacturing plant located in Manaus, Brazil. The Company will invest R$ 48 million, in the next three years, to expand production capacity and adapt the plant to produce a new line of permanent magnet electric motors for split-type air conditioners

• In December 2023, Johnson Electric Launches 48-Volt Cooling Fan Module with High Power and Efficiency. Johnson Electric is pleased to announce the launch of the 48-Volt Cooling Fan Module with power up to 1.5kW to meet the most demanding cooling requirements.  The need to reduce emissions and increase the electrification of the vehicle, requires higher cooling performance and efficiency.

[spookysaladchaos]

Global Top 5 Companies Accounted for 82% of total Electric Toothbrush market (QYResearch, 2021)

This report studies the Electric Toothbrush market, An electric toothbrush is a toothbrush that makes rapid, automatic bristle motions, either back-and-forth oscillation or rotation-oscillation (where the brush head alternates clockwise and counterclockwise rotation), in order to clean teeth. Motions at sonic speeds or below are made by a motor. In the case of ultrasonic toothbrushes, ultrasonic motions are produced by a piezoelectric crystal. A modern electric toothbrush is usually powered by a rechargeable battery charged through inductive charging when the brush sits in the charging base between uses.

Based on our recent survey, we have several different scenarios about the Electric Toothbrush YoY growth rate for 2020. The probable scenario is expected to decline by a -4.8% in 2020 and the revenue will be 1550 in 2020 from US$ 1628 million in 2019. The market size of Electric Toothbrush will reach US$ 2181 in 2026, with a CAGR of 5.7% from 2021 to 2026.

The data for 2020 is an estimate, based on the historical data and recent survey of the integrated view of industrial experts, manufacturers, distributors and end users, etc.

Top-down and bottom-up approaches are used to validate the global Electric Toothbrush market size and to estimate the market size for company, regional division, product type and application (end users). In the complete market engineering process, both top-down and bottom-up approaches along with several data triangulation methods have been extensively utilized to perform market estimation and market forecast for the overall market division and subdivision listed in this report. Extensive qualitative and further quantitative analysis has also been done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.

According to the new market research report “Global Electric Toothbrush Market Report 2023-2029”, published by QYResearch, the global Electric Toothbrush market size is projected to reach USD 2.57 billion by 2029, at a CAGR of 5.8% during the forecast period.

Figure.   Global Electric Toothbrush Market Size (US$ Million), 2018-2029

Figure.   Global Electric Toothbrush Top 5 Players Ranking and Market Share（Based on data of 2021, Continually updated）

The global key manufacturers of Electric Toothbrush include P&G (Oral-B and Crest), Philips Sonicare, Panasonic, Church & Dwight, Colgate, Xiaomi, Wellness Oral Care, usmile, Saky, Lion, etc. In 2021, the global top five players had a share approximately 82.0% in terms of revenue.

About QYResearch

QYResearch founded in California, USA in 2007.It is a leading global market research and consulting company. With over 16 years’ experience and professional research team in various cities over the world QY Research focuses on management consulting, database and seminar services, IPO consulting, industry chain research and customized research to help our clients in providing non-linear revenue model and make them successful. We are globally recognized for our expansive portfolio of services, good corporate citizenship, and our strong commitment to sustainability. Up to now, we have cooperated with more than 60,000 clients across five continents. Let’s work closely with you and build a bold and better future.

QYResearch is a world-renowned large-scale consulting company. The industry covers various high-tech industry chain market segments, spanning the semiconductor industry chain (semiconductor equipment and parts, semiconductor materials, ICs, Foundry, packaging and testing, discrete devices, sensors, optoelectronic devices), photovoltaic industry chain (equipment, cells, modules, auxiliary material brackets, inverters, power station terminals), new energy automobile industry chain (batteries and materials, auto parts, batteries, motors, electronic control, automotive semiconductors, etc.), communication industry chain (communication system equipment, terminal equipment, electronic components, RF front-end, optical modules, 4G/5G/6G, broadband, IoT, digital economy, AI), advanced materials industry Chain (metal materials, polymer materials, ceramic materials, nano materials, etc.), machinery manufacturing industry chain (CNC machine tools, construction machinery, electrical machinery, 3C automation, industrial robots, lasers, industrial control, drones), food, beverages and pharmaceuticals, medical equipment, agriculture, etc.

For more information, please contact the following e-mail address:

Email: global@qyresearch.com

Website: https://www.qyresearch.com

[infinitiresearch]

AC Electric Motor Sales in Oil and Gas Market| Analysis and Forecast, 2023 – 2027

Originally published on Technavio: AC Electric Motor Sales in Oil and Gas Market by Power Rating, Type and Geography - Forecast and Analysis 2023-2027

The AC Electric Motor Sales in Oil and Gas Market is poised for a detailed forecast and analysis covering the period from 2023 to 2027, focusing on key factors such as power rating, motor types, and geographical considerations. AC electric motors play a crucial role in the oil and gas industry, powering various applications ranging from pumps and compressors to drilling equipment.

In terms of power rating, the market encompasses a diverse range of AC electric motors, including low voltage, medium voltage, and high voltage motors. Low voltage motors are commonly used for less demanding applications, while medium voltage motors find application in more complex processes such as pumping and compression. High voltage motors are typically employed in heavy-duty applications, providing the necessary power for critical operations in the oil and gas sector.

The types of AC electric motors in the market include induction motors and synchronous motors. Induction motors, known for their reliability and robust performance, are widely utilized in the oil and gas industry for various applications. Synchronous motors, with their precise control capabilities, are employed in situations where synchronous operation and precision are crucial, such as in some drilling and pumping operations.

Geographically, the market spans regions including North America, Europe, Asia-Pacific, and others, with a focus on key countries like the United States, Germany, China, and more. North America, particularly the United States, holds a significant share in the AC Electric Motor Sales in Oil and Gas Market, driven by the extensive oil and gas exploration and production activities in the region. Europe contributes to the market with advancements in motor technologies and the presence of key industry players. The Asia-Pacific region, with its growing energy demand, is witnessing increased adoption of AC electric motors in the oil and gas sector.

The forecasted period suggests substantial growth in the AC Electric Motor Sales in Oil and Gas Market, propelled by factors such as the continuous expansion of oil and gas activities, technological advancements in motor design, and the need for energy-efficient solutions. However, challenges related to the cyclical nature of the oil and gas industry, fluctuating energy prices, and environmental concerns may influence market dynamics.

To Learn deeper into this report , View Sample PDF

In conclusion, the AC Electric Motor Sales in Oil and Gas Market is poised for significant expansion, reflecting the essential role of electric motors in powering critical operations within the oil and gas sector. The market's evolution is shaped by the diversity of power ratings and motor types, as well as regional trends in energy exploration and production. Overcoming challenges and aligning with the evolving needs of the oil and gas industry will be crucial for sustained success in the AC Electric Motor Sales in Oil and Gas Market from 2023 to 2027.

For more information please contact.

[digitrenndsamr]

Excitation Systems Market to Witness Huge Growth by 2030

The excitation systems market is anticipated to witness considerable growth during the forecast period. This is attributed to factors such as the rise in demand for synchronous machines from various end-use industries. In addition, a rise in investment towards power infrastructure projects fuels the growth of the excitation systems market. However, the complicated design and disadvantages of the systems are restraining the growth of the excitation systems market globally. Conversely, the rapid growth of the renewable energy industry is anticipated to provide potential excitation systems market opportunities in the upcoming years.

The excitation systems market size was valued at $2.1 billion in 2020 and is projected to reach $3.4 billion by 2030, growing at a CAGR of 4.6% from 2021 to 2030.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 & 𝐓𝐎𝐂: https://www.alliedmarketresearch.com/request-sample/11159

The system that provides DC field current to the synchronous machine for starting its operation is known as the excitation system. Excitation systems generally consist of elements such as signal sensing or processing circuits, electronic amplifiers, power rectifiers, voltage regulators, close-loop control circuits, and others. Modern excitation systems also consist of SCADA integration, diagnostics functions, protection functions, and others to improve the stability of synchronous machines and thereby power system networks. Excitation systems are used in synchronous machines such as synchronous generators and synchronous motors.

Significant development of the end-use industries such as oil & gas, power, mining, chemicals, pulp & paper, and others is fueling the demand for synchronous machines which in turn is expected to fuel the growth of the excitation systems market. This is due to the rise in demand for reactive power to compensate lagging power factor created by inductive loads in the abovementioned industries. In addition, an increase in demand for excitation systems in synchronous machines for grid stabilization applications from electric utilities such as power generation plants, transmission, distribution, and other utilities in developing economies is driving the growth of the market, globally. However, the key factor hampering the growth of the global market is the design of complicated excitation systems which has resulted in difficulties in maintenance activities.

Depending on the type, the static segment held the highest market share of about 68.3% in 2020 and is expected to maintain its dominance during the excitation systems market forecast period. This is owing to various advantages of static excitation systems such as good reliability, operation flexibility, excellent system response, small size, lower losses, and high performance which resulted in fueling the demand during the analyzed time frame. Moreover, the rise in demand for electricity from developing economies resulted in an increase in investment toward the power generation, transmission, and distribution infrastructure which in turn is expected to fuel the growth of the excitation systems market from 2021 to 2030.

𝐆𝐞𝐭 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐞𝐝 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 𝐰𝐢𝐭𝐡 𝐲𝐨𝐮’𝐫𝐞 𝐑𝐞𝐪𝐮𝐢𝐫𝐞𝐦𝐞𝐧𝐭𝐬: https://www.alliedmarketresearch.com/request-for-customization/11159

On the basis of controller type, the digital segment holds the largest share, in terms of revenue, and is expected to maintain its dominance during the forecast period. This growth is attributed to the rise in demand for excitation systems to provide reliable and stable operation of synchronous machines such as synchronous generators and synchronous motors. In addition, the rise in research &development activities toward improving digital controllers for their use in excitation systems is anticipated to fuel the growth of the market during the analyzed timeframe.

On the basis of application, the synchronous generator segment holds the largest share, in terms of revenue, and is expected to maintain its dominance during the forecast period. This growth is attributed to the rise in demand for synchronous generators from various power plants including nuclear, thermal, wind &hydropower, and industrial applications. In addition, the rise in usage of synchronous generators from constant speed applications and power factor correction applications is anticipated to fuel the growth of the excitation systems market from 2021 to 2030.

𝐂𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐯𝐞 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬:

The Excitation Systems industry's key market players adopt various strategies such as product launches, product development, collaboration, partnership, and agreements to influence the market. It includes details about the key players in the market's strengths, product portfolio, market size and share analysis, operational results, and market positioning.

𝐒𝐨𝐦𝐞 𝐨𝐟 𝐭𝐡𝐞 𝐦𝐚𝐣𝐨𝐫 𝐤𝐞𝐲 𝐩𝐥𝐚𝐲𝐞𝐫𝐬 𝐢𝐧 𝐭𝐡𝐞 𝐠𝐥𝐨𝐛𝐚𝐥 𝐄𝐱𝐜𝐢𝐭𝐚𝐭𝐢𝐨𝐧 𝐒𝐲𝐬𝐭𝐞𝐦𝐬 𝐦𝐚𝐫𝐤𝐞𝐭 𝐢𝐧𝐜𝐥𝐮𝐝𝐞,

VOITH GmbH & CO KGAA TENEL, S.R.O. WEG GROUP ABB LTD BASLER ELECTRIC COMPANY FUJI ELECTRIC CO., LTD. MITSUBISHI ELECTRIC CORPORATION GENERAL ELECTRIC SIEMENS AG ANDRITZ AG

On the basis of end users, the power generation segment holds the largest share, in terms of revenue, and is expected to grow at a CAGR of 74.6%. This is owing to the rise in demand for electricity from developing and developed economies is expected to fuel the growth of the power generation sector resulting in increased demand for synchronous machines. In addition, a rise in energy demand along with cleaner generation of electricity is expected to fuel the growth of the renewable power generation segment, thereby driving the growth of the excitation systems market in the coming years.

On the basis of region, the market is analyzed across four major regions such as North America, Europe, Asia-Pacific, and LAMEA. Asia-Pacific garnered the dominant share in 2020 and is anticipated to maintain this dominance in the excitation systems market trend during the forecast period. This is attributed to the presence of key players and a huge consumer base in the region.

In addition, the rapid expansion of the renewable energy sector, rise in investment toward the upgradation of aged power infrastructure, and rapid industrialization in the region are further anticipated to fuel the growth of the market in the upcoming years.

𝐈𝐧𝐪𝐮𝐢𝐫𝐲 𝐛𝐞𝐟𝐨𝐫𝐞 𝐁𝐮𝐲𝐢𝐧𝐠: https://www.alliedmarketresearch.com/purchase-enquiry/11159

𝐊𝐞𝐲 𝐅𝐢𝐧𝐝𝐢𝐧𝐠𝐬 𝐎𝐟 𝐓𝐡𝐞 𝐒𝐭𝐮𝐝𝐲:

- In 2020, the static segment accounted for about 68.3% of the share in the global excitation systems market and is expected to maintain its dominance till the end of the forecast period. - In 2020, the digital segment accounted for 64.9% excitation systems market share in the year 2020 and is anticipated to grow at a rate of 5.0% in terms of revenue, increasing its share in the global excitation systems market. - Synchronous motor is the fastest-growing application segment in the global excitation systems market, expected to grow at a CAGR of 5.0% during 2021–2030. - Other industrial segment is expected to grow at the fastest rate, registering a CAGR of 5.6%, throughout the forecast period. - In 2020, the Asia-Pacific region dominated the global excitation systems market with more than 35.2% of the share, in terms of revenue.

𝐓𝐫𝐞𝐧𝐝𝐢𝐧𝐠 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 𝐢𝐧 𝐭𝐡𝐞 𝐄𝐧𝐞𝐫𝐠𝐲 𝐚𝐧𝐝 𝐏𝐨𝐰𝐞𝐫 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲:

𝟏. 𝐂𝐨𝐧𝐭𝐚𝐢𝐧𝐞𝐫𝐢𝐳𝐞𝐝 𝐒𝐨𝐥𝐚𝐫 𝐆𝐞𝐧𝐞𝐫𝐚𝐭𝐨𝐫𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 - https://www.prnewswire.com/news-releases/containerized-solar-generators-market-to-reach-941-3-million-globally-by-2032-at-7-4-cagr-allied-market-research-301849678.html

𝟐. 𝐑𝐞𝐬𝐢𝐝𝐞𝐧𝐭𝐢𝐚𝐥 𝐆𝐞𝐧𝐞𝐫𝐚𝐭𝐨𝐫𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 - https://www.globenewswire.com/en/news-release/2021/09/09/2294080/0/en/Residential-Generators-Market-to-Reach-15-1-Billion-by-2030-Allied-Market-Research.html

𝟑. 𝐓𝐮𝐫𝐛𝐨 𝐆𝐞𝐧𝐞𝐫𝐚𝐭𝐨𝐫 𝐌𝐚𝐫𝐤𝐞𝐭 - https://www.prnewswire.com/news-releases/turbo-generator-market-to-garner-12-6-bn-globally-by-2027-at-3-1-cagr-allied-market-research-301238253.html

𝐀𝐛𝐨𝐮𝐭 𝐔𝐬:

Allied Market Research is a top provider of market intelligence that offers reports from leading technology publishers. Our in-depth market assessments in our research reports take into account significant technological advancements in the sector. In addition to other areas of expertise, AMR focuses on the analysis of high-tech systems and advanced production systems. We have a team of experts who compile thorough research reports and actively advise leading businesses to enhance their current procedures. Our experts have a wealth of knowledge on the topics they cover. Also, they use a variety of tools and techniques when gathering and analyzing data, including patented data sources.

[businessindustry]

Ignition Coil Market Technological Trends and Future Threats Analysis by 2024-2032

The Reports and Insights, a leading market research company, has recently releases report titled “Ignition Coil Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2031.” The study provides a detailed analysis of the industry, including the global Ignition Coil Market Analysis share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights:

How big is the Ignition Coil Market?

The global ignition coil market size was US$ 2.7 Billion in 2022. Furthermore, the market is expected to register a revenue CAGR of 4.8% during the forecast period and reach a market size of US$ 4.1Bn in 2031.

What are Ignition Coil?

An ignition coil plays a vital role in the ignition system of an internal combustion engine, converting the low voltage from the battery into the high voltage necessary to produce a spark in the spark plugs. This spark initiates the combustion process by igniting the fuel-air mixture in the engine's cylinders, powering the vehicle. Operating on electromagnetic induction principles, the ignition coil comprises a primary coil winding that receives the low voltage and a secondary coil winding that generates the high voltage.

Request for a sample copy with detail analysis: https://www.reportsandinsights.com/sample-request/2049

What are the growth prospects and trends in the Ignition Coil industry?

The ignition coil market growth is driven by various factors and trends. The ignition coil market is on a stable growth trajectory globally, propelled by the growing automotive industry worldwide. These coils are indispensable for ensuring efficient engine ignition in gasoline-powered vehicles. Technological advancements, including the introduction of sophisticated ignition systems that enhance fuel efficiency and lower emissions, are further fueling market growth. Moreover, the increasing popularity of electric vehicles is opening up new avenues for ignition coil manufacturers, as these vehicles still rely on ignition systems for specific functions. With the automotive sector evolving towards more efficient and environmentally friendly vehicles, the ignition coil market is poised for continued expansion. Hence, all these factors contribute to ignition coil market growth.

What is included in market segmentation?

The report has segmented the market into the following categories:

Conventional Ignition Coils

Distributor Ignition Coils

Coil-on-Plug Ignition Coils

Smart Ignition Coils

Vehicle Type:

Passenger Cars

Light Commercial Vehicles (LCVs)

Heavy Commercial Vehicles (HCVs)

Electric Vehicles (EVs)

Technology:

Conventional Ignition Systems

Capacitive Discharge Ignition (CDI) Systems

Electronic Ignition Systems

Distributorless Ignition Systems (DIS)

Sales Channel:

Original Equipment Manufacturers (OEMs)

Aftermarket

Application:

Gasoline Engines

Diesel Engines

Compressed Natural Gas (CNG) Engines

Others

Segmentation By Region:

North America:

United States

Canada

Europe:

Germany

The U.K.

France

Spain

Italy

Russia

Poland

BENELUX

NORDIC

Rest of Europe

Asia Pacific:

China

Japan

India

South Korea

ASEAN

Australia & New Zealand

Rest of Asia Pacific

Latin America:

Brazil

Mexico

Argentina

Middle East & Africa:

Saudi Arabia

South Africa

United Arab Emirates

Israel

Who are the key players operating in the industry?

The report covers the major market players including:

Bosch

Denso Corporation

Delphi Technologies (now part of BorgWarner)

NGK Spark Plug Co., Ltd.

Valeo

Standard Motor Products, Inc.

Hitachi Automotive Systems

Federal-Mogul (now part of Tenneco)

Mitsubishi Electric Corporation

ACDelco (a division of General Motors)

Bremi Fahrzeug-Elektrik GmbH & Co. KG

Hella GmbH & Co. KGaA

Continental AG

SMP Deutschland GmbH (formerly BERU)

Mitsubishi Electric Automotive America, Inc.

View Full Report: https://www.reportsandinsights.com/report/Ignition Coil-market

If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.

About Us:

Reports and Insights consistently mееt international benchmarks in the market research industry and maintain a kееn focus on providing only the highest quality of reports and analysis outlooks across markets, industries, domains, sectors, and verticals. We have bееn catering to varying market nееds and do not compromise on quality and research efforts in our objective to deliver only the very best to our clients globally.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

Contact Us:

Reports and Insights Business Research Pvt. Ltd. 1820 Avenue M, Brooklyn, NY, 11230, United States Contact No: +1-(347)-748-1518 Email: sales@reportsandinsights.com Website: https://www.reportsandinsights.com/ Follow us on LinkedIn: https://www.linkedin.com/company/report-and-insights/ Follow us on twitter: https://twitter.com/ReportsandInsi1

[jessicapinedaw]

Market Research on Induction Motor Market - Growth Rate, Market Share & Size

“Market Research on Induction Motor Market – Growth Rate, Market Share & Size” is the name research released by The Insight Partners and is now out for purchase. The business focuses on consulting and specializes in syndicated market research. The company is assisting Induction Motor market investors by providing both qualitative and quantitative data through this study. Business Environment…

[martin-cambell]

India’s Best 4 E-Auto Rickshaws: Price, Mileage & More

In the ever-evolving landscape of sustainable transportation, E-Auto Rickshaws have emerged as the undisputed champions, claiming an impressive 83% share of the electric vehicle market in India. With approximately 1.5 million e-rickshaws traversing the streets and a monthly addition of 11,000 new units, it's evident that these eco-friendly vehicles have not only captured the market but are steering it towards a greener and more efficient future.

For those navigating the vast array of options in the E-Auto Rickshaw market, here's an invaluable guide to the top four contenders reshaping the Indian electric mobility scene.

E-Trio Tuoro | Mileage – 157 km/Charge | Price – ₹2.94 Lakhs

Efficiency Unleashed: The E-Trio Tuoro stands out for its exceptional cost-effectiveness and efficiency. With a consistent top speed of 50 km/h and an impressive range of 157 km per charge, it caters to small and medium-sized businesses with three versatile variants – flatbed, half-loader, and full-loader. The Tuoro's expansive cargo space of 550 kg positions it as the prime choice for enterprises engaged in cargo transportation, promising significant reductions in operational expenses and enhanced profitability.

ETO BULKe Plus | Mileage – 148 km/Charge | Price – ₹3.76 Lakhs

Smart Logistics Redefined: The Bulke Plus takes the lead in the logistics sector with intelligent technology for remote monitoring and tracking. Offering savings of up to 1 Lakh per annum, it surpasses cargo vehicles with a certified operating range of 148 km. The Bulke Plus boasts a robust 9.4 kWh Lithium-Ion battery, ensuring a substantial operating lifespan of 80,000 kilometers. With ergonomic seating, noiseless cabins, and aerospace-grade aluminum frames, it sets new standards for safety, stability, and comfort.

ETO Trilux 1.0 | Mileage – 148 km/Charge | Price – ₹3.27 Lakhs

Safety Meets Performance: The TriLux holds ICAT certification and integrates smart IoT-based technology for tracking, ensuring top-notch performance with a robust 6.4 kWh AC induction motor. Prioritizing safety, it features a 2350 mm wheelbase for enhanced stability, a sturdy side door, and a rear bumper designed for crash protection. With a focus on visibility and braking efficiency, the TriLux emerges as a premium electric passenger vehicle with unparalleled safety features.

Electeca Express | Mileage – 70 km/Charge | Price – ₹1.75 Lakhs

Versatility Unleashed: Well-suited for various cargo and transportation needs, the ELECTECA Express stands out with a load capacity ranging from 300 to 400 kg. Powered by an 800 W BLDC motor and a Lead Acid battery, it ensures a comfortable ride with features like hydraulic absorbers, leaf spring shock absorbers, and a spacious deck. Its innovative battery design and sturdy construction make it a reliable choice for cargo loads ranging from 800kg to 1000kg.

Conclusion: In the dynamic landscape of sustainable transportation, these E-Auto Rickshaws not only offer eco-friendly alternatives but also redefine efficiency, cost-effectiveness, and safety standards. From the business-oriented E-Trio Tuoro to the tech-savvy ETO BULKe Plus, safety-focused ETO Trilux, and versatile Electeca Express, each vehicle caters to diverse needs, contributing to a cleaner environment and a more prosperous society. As we celebrate the one-year mark of these innovative vehicles dominating the market, they serve as a beacon of hope for a greener and more sustainable future in India's bustling streets.

To read more, click here.

Discover the fascinating world of advanced electric vehicles and beyond with SearchEV, your ultimate gateway to awe-inspiring EV technology and much more!

[smrutiiyerreportprime]

Key Players in the Electric Motors for Vehicles Market: A Comprehensive Overview

Introduction:

The electric motors for vehicles market is witnessing significant growth due to the increasing demand for electric and hybrid vehicles. In this blog, we will explore the key players in this market, their past history, growth rate, market size, and other relevant information.

Key Players in the Electric Motors for Vehicles Market :

Tesla: Founded in 2003, Tesla is a renowned player in the electric vehicle market. They have been at the forefront of innovation and have gained significant market share in recent years. With an emphasis on sustainability and performance, Tesla has disrupted the automotive industry. In 2020, their revenue was $31.5 billion, with a CAGR of 49%.

Volkswagen: As one of the world's largest automobile manufacturers, Volkswagen has been making strides in the electric vehicle space. They have launched several electric models under the ID series and are investing heavily in electric vehicle technology. With a rich history dating back to 1937, Volkswagen continues to be a major player in the market. Their revenue in 2020 was $218.3 billion, with a CAGR of 3.6%.

BYD: Founded in 1995, BYD is a Chinese manufacturer specializing in electric vehicles and rechargeable batteries. They have established themselves as a global leader in the electric vehicle market and have been recognized for their technological advancements. BYD's revenue in 2020 was $22.6 billion, with a CAGR of 23.5%.

ZF: ZF is a German company that specializes in driveline and chassis technology as well as active and passive safety technology. They offer a range of electric motor solutions for the automotive industry. With a history dating back to 1915, ZF has built a strong reputation for innovation and quality. In 2020, their revenue was $36.3 billion, with a CAGR of 2.4%.

Bosch: Bosch is a global leader in technology and services, including the electric vehicle market. They provide various components and systems for electric vehicles, including electric motors. With a history spanning over 130 years, Bosch has a diverse portfolio of products and solutions. Their revenue in 2020 was $67.9 billion, with a CAGR of 3.6%.

Hasco: Hasco is a leading Chinese manufacturer of electric vehicle motors. They offer a wide range of products, including permanent magnet synchronous motors for electric vehicles. Hasco has gained recognition for their quality and reliability in the market. However, specific revenue figures and CAGR data for Hasco are not available.

Broad-Ocean Motor: Broad-Ocean Motor is a major player in the electric vehicle motor market. They provide a wide range of motors, including AC induction motors and permanent magnet synchronous motors. With a focus on technological advancement, Broad-Ocean Motor has established a strong presence in the market. Specific revenue figures and CAGR data for Broad-Ocean Motor are not publicly available.

Conclusion:

The electric motors for vehicles market is witnessing significant growth, with Tesla, Volkswagen, BYD, ZF, and Bosch among the key players. These companies, with their rich histories, technological advancements, and focus on sustainability, continue to shape the future of electric vehicles. 

[jayanthitbrc]

Global Motor Monitoring Market Overview – Market Growth Analysis And Key Drivers

The Motor Monitoring Global Market Report 2023, provides comprehensive information on the motor monitoring market across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.

Learn More On The Motor Monitoring Market’s Growth:

As per The Business Research Company’s Motor Monitoring Global Market Report 2023, the global motor monitoring market size is expected to grow from $2.12 billion in 2022 to $2.31 billion in 2023 at a compound annual growth rate (CAGR) of 8.93%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, and affecting many every markets across the globe. The global motor monitoring market size is expected to reach $3.12 billion in 2027 at a CAGR of 7.78%.

Get A Free Sample Of The Report (Includes Graphs And Tables):

Technological advancement is the key trend traction in the motor monitoring market. Major companies operating in the motor monitoring market are focusing on developing new technologies. For instance, in May 2022, TMEIC Asia Pte. Ltd., a Singapore-based company that designs and manufactures induction, synchronous motors, and generators, launched TMASMS, an artificial intelligence (AI) based smart motor sensor. The platform offers high-performance predictive maintenance can be used for electric motors that enables the early prediction of motor failures and contributes to the steady operation of factories and plants by continuously monitoring and analyzing data.

The motor monitoring market is segmented:

1) By Offering: Hardware, Software, Services

2) By Deployment: On-Premise, Cloud

3) By Monitoring Process: Oil Analysis, Motor Current Analysis, Ultrasound, Thermography, Vibration Analysis, Other Monitoring Process

4) By End User: Automotive, Oil And Gas, Metals And Mining, Power Generation, Water And Wastewater Treatment, Food And Beverages, Chemicals, Other End Users

North America was the largest region in the motor monitoring market in 2022.

The table of contents in TBRC’s motor monitoring market report includes:

1. Executive Summary

2. Market Characteristics

3. Market Trends And Strategies

4. Impact Of COVID-19

5. Market Size And Growth

6. Segmentation

7. Regional And Country Analysis

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27. Competitive Landscape And Company Profiles

28. Key Mergers And Acquisitions

29. Future Outlook and Potential Analysis

Learn About Us:  The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.

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[bharat059]

Induction Motor Market Size, Share & Industry Analysis, By Type (Single Phase, Three Phase) By Application (Residential, Industrial, Commercial, Transportation, Others) and Regional Forecast, 2022-2029