Asynchronous Motor Market (Updated Version Available)

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.
Asynchronous motor has been developed for decades, and now is widely used in many industries. Even in the current environment of global recession, asynchronous motor industry still maintains a strong growth, and will continue this status in the next few years.
The Asynchronous Motor Market report analyses the impact of COVID-19 on this industry. COVID-19 can affect the global market in 3 ways: by directly affecting production and demand, by creating supply chain and market disruption, and by its financial impact on enterprises and financial markets.

The report offers detailed coverage of Asynchronous Motor industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Asynchronous Motor by geography. The report splits the market size, by volume and value, on the basis of application type and geography.

The report forecast global Asynchronous Motor market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2027.

First, this report covers the present status and the future prospects of the global Asynchronous Motor market for 2015-2027.

Key Companies
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

Asynchronous Motor Market by Type
Single-phase asynchronous motor
Three-phase asynchronous motor
Asynchronous Motor Market by Application
Chemical industry
Logistics industry
Engineering and manufacturing industry

At the same time, we classify Asynchronous Motor according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
The report conveys the entirety of current realities about market definition, orders, applications, and commitment for the Asynchronous Motor market that are basic to be victorious inside the market. The principle motivation behind this report is to give a development map with respect to the activities taken by central participants of the Asynchronous Motor market like item dispatches, joint endeavors, propensities, consolidations, and acquisitions which is influencing the Asynchronous Motor market undertaking in general and furthermore influencing the business, import, fare, income and CAGR values.

Regional Analysis
North America, Latin America, Asia-Pacific countries, Europe, India, China, and over twenty countries have been analyzed based on the different marketing elements such as manufacturing capacity, consumer base, productivity, and profit margin, and ease of business. It is observed that North America, in particular, will show impressive development during the estimated time frame in marketing development. Administration organizations and outsider managers are channelizing their efforts to make client-driven items that will add to the development of an efficient marketing scenario in these regions. As the significant parts of the market business would be all around the globe, Middle East, Africa, North America along with other Asia-Pacific nations shows a great prospect of developing a good market favorable environment.

The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Asynchronous Motor market for the forecast period 2021 - 2027?
• What are the driving forces in the Asynchronous Motor market for the forecast period 2021 - 2027?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Asynchronous Motor industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?

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