Electric Motor Sales Market Latest Trends, Outlook till 2021

The global electric motor sales market is expected to grow from an estimated USD 94.23 Billion in 2016 to USD 127.63 Billion by 2021, at a CAGR of 6.26% from 2016 to 2021. Factors driving the market include growing motorized automation across major industries, increasing motor-driven household appliances, continuously growing agricultural sector, strong automobile production, and transition toward energy-efficient motors.

To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the timing relay market. These include Siemens (Germany), ABB (Switzerland), General Electric (US), Schneider Electric (France), Eaton (Ireland), and Rockwell Automation (US).

To speak to our analyst for a discussion on the above findings, click https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=717

Scope of the report

• By Type:
• AC Motors
• DC Motors
• By Voltage:
• 1 kV (Low)
• 1 kV–6.6 kV (Medium)
• 6.6 kV (High)
• By Output Power
• 1 hp (Fractional horsepower)
• 1 hp (Integral horsepower)

Download PDF Brochure Here: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=717

The major strategies adopted by the players include new product developments, contracts & agreements, investments & expansions, and mergers & acquisitions. New product development was the most commonly adopted strategy from January 2015 to September 2018. Industry players also adopted mergers & acquisitions, which was the second most widely followed strategy during the same period.

Research Coverage:

The report defines, describes, and forecasts the global electric motor sales in oil & gas market by type, voltage, power output (HP), power output (kW), and region. It also offers a detailed qualitative and quantitative analysis of the market. The report provides a comprehensive review of the major market drivers, restraints, opportunities, and challenges. It also covers various important aspects of the market. These include an analysis of the competitive landscape, market dynamics, market estimates in terms of value, and future trends in the AC electric motor sales in oil & gas market.

Get Sample Copy of Report: https://www.marketsandmarkets.com/requestsampleNew.asp?id=717

Key Benefits of Buying the Report

The report will provide the market leaders/new entrants in this market information on the closest approximations of the revenue numbers for the overall electric motor sales in oil & gas market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to better position their businesses and plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.

Related Reports:

Progressing Cavity Pump Market

Cryogenic Valve Market

About MarketsandMarkets

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:

Mr. Shelly Singh

MarketsandMarkets™ INC.

630 Dundee Road

Suite 430

Northbrook, IL 60062

USA : 1-888-600-6441 sales@marketsandmarkets.com

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues