Global Squirrel-cage Induction Motor Market Growth 2023-2029

Global Squirrel-cage Induction Motor Market Growth 2023-2029

Product Code:461495

Published Date: Feb 08,2023

Pages: 126

Region: Global

Category: Machinery & Equipment

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LPI (LP Information)' newest research report, the “Squirrel-cage Induction Motor Industry Forecast” looks at past sales and reviews total world Squirrel-cage Induction Motor sales in 2022, providing a comprehensive analysis by region and market sector of projected Squirrel-cage Induction Motor sales for 2023 through 2029. With Squirrel-cage Induction Motor sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Squirrel-cage Induction Motor industry.

This Insight Report provides a comprehensive analysis of the global Squirrel-cage Induction Motor landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Squirrel-cage Induction Motor portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Squirrel-cage Induction Motor market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Squirrel-cage Induction Motor and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Squirrel-cage Induction Motor.

The global Squirrel-cage Induction Motor market size is projected to grow from US$ 13640 million in 2022 to US$ 17260 million in 2029; it is expected to grow at a CAGR of 17260 from 2023 to 2029.

On the basis of product type, type of Low Pressure represent the largest share of the worldwide Squirrel-cage induction motor market, with 73% share. In the applications, General Machinery segment is estimated to be the largest end-use industry segment of the market in 2019, with 37% share of global market. Europe holds the major share in the market, with a share of 32%.

This report presents a comprehensive overview, market shares, and growth opportunities of Squirrel-cage Induction Motor market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:
Segmentation by type
    Low Pressure
    High Pressure

Segmentation by application
    Chemical
    Metallurgy and Mining
    Water and wastewater treatment
    Petrochemical
    Food and Beverage
    Automotive and Transportation
    General Machinery
    Others

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    ABB
    Simens
    Wolong
    WEG
    TECO
    Xiangdian
    NIDEC
    HITACHI
    Huali Group
    Toshiba
    Tatung
    Anhui Wannan
    Jiangsu dazhong
    Jiangte Heavy Industry Science &Technology Development
    YASKAWA
    NORD
    Regal-Beloit
    SEW Eurodrive
    Jinlong
    Fujian Yuandong

Key Questions Addressed in this Report
What is the 10-year outlook for the global Squirrel-cage Induction Motor market?
What factors are driving Squirrel-cage Induction Motor market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Squirrel-cage Induction Motor market opportunities vary by end market size?
How does Squirrel-cage Induction Motor break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?