Categoria: Heavy Industry

Low Voltage Electric Motor Market Size, Growth, Industry Report 2023-2028

IMARC Group’s latest research report, titled “Low Voltage Electric Motor Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2023-2028,” offers a comprehensive analysis of the industry, which comprises insights on the low voltage electric motor market. The report also includes competitor and regional analysis, and contemporary advancements in the market. The global low voltage electric motor market size reached US$ 14.0 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 18.5 Billion by 2028, exhibiting a growth rate (CAGR) of 4.6% during 2023-2028.

Low Voltage Electric Motor Industry Outlook:

A low voltage electric motor is an energy-saving machine that produces maximum power at low current consumption. It has the ability to control tasks, measure electric current, ensure stability and energy efficiency, and deliver precision through proper speed. It provides numerous benefits, including improved quality and productivity, positive energy balance, and high safety standards. It is widely utilized in various industries, such as mining, food, and beverage, oil, and gas, automotive, and packaging. Besides this, it is also used in numerous appliances, including air-conditioning units, elevators, fans, compressors, and pumps.

Get Free Sample Copy of Report at – https://www.imarcgroup.com/electric-motor-manufacturing-plant/requestsample

Global Low Voltage Electric Motor Industry Demand:

One of the key factors driving the global market is rising energy consumption. Moreover, shifting consumer preference from low-efficiency motors to high-efficiency and energy-saving motors is propelling the demand for low-voltage motors across the globe. Besides, numerous major companies are focusing on the manufacturing of excellent quality low-voltage motors using advanced technology to enhance their production process, which is providing a thrust to the market.

Additionally, stringent motor efficiency legislations and the rising retrofitting activities due to aging equipment are acting as other growth-inducing factors. Furthermore, the growing renovation of residential spaces is further fuelling the market. Other factors, including continual technological advancements and the advent of smart sensors, are creating a positive market outlook.

Key Players Included in Global Low Voltage Electric Motor Market Research Report:

  • ABB
  • Siemens
  • WEG
  • TECO E&M
  • Regal Beloit
  • Leroy-Somer
  • Shandong Huali
  • Hyundai Heavy Industries
  • Hyosung Corporation
  • NIDEC

Do you know more information, Contact to our analyst at– https://www.imarcgroup.com/electric-motor-manufacturing-plant

Key Market Segmentation:

Breakup By Efficiency:

  • Standard Efficiency
  • High Efficiency
  • Premium Efficiency
  • Super Premium Efficiency Motors

Breakup By Application:

  • Pumps And Fans
  • Compressors
  • Other Applications

Breakup By End-use:

  • Commercial Hvac
  • Food
  • Beverage And Tobacco Industry
  • Mining Industry
  • Utilities
  • Others

Breakup by Region:

  • North America (United States, Canada)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Others)
  • Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Who we are:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact us:
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800

Induction Motor Market Outlook and Forecast By 2028

According to the latest report by IMARC Group, titled “Induction Motor Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028,” offers a comprehensive analysis of the industry, which comprises insights on the induction motor market growth. The report also includes competitor and regional analysis, and contemporary advancements in the market. The global induction motor market size reached US$ 20.0 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 32.8 Billion by 2028, exhibiting a growth rate (CAGR) of 8.41% during 2023-2028.

Induction Motor Industry Outlook:

An induction motor, or an asynchronous motor, is a type of electric motor that is driven by alternating current (AC). It is an electro-mechanical device that is powered by the induction of electromagnetic fields, which consists of a stator and a rotor. The stator is the stationary part, consisting of windings that create the magnetic field and the rotor is the rotating part that consists of a conductor that cuts through the magnetic field created by the stator. When the magnetic field is created by the stator and interacts with the conductor in the rotor, it results in a current being induced while producing a torque, which drives the motor. As a result, it is extensively utilized in a wide range of applications, such as fans, pumps, conveyor belts, and machine tools.

Get Free Sample Copy of Report at – https://www.imarcgroup.com/induction-motor-market/requestsample

Global Induction Motor Industry Demand:

The escalating demand for energy-efficient motors majorly drives the global market. This can be supported by the rising utilization of induction motors across industries, such as manufacturing and automotive industries, as they are highly efficient, require less energy to operate and work under varying climatic conditions. Coupled with this, the widespread adoption of induction motors due to their precise speed control, high reliability, low maintenance costs, long life expectancy, and easy adjustability to meet the specific requirements of a particular application is significantly supporting the market.

Apart from this, the growing demand for alternative energy sources, including solar and wind, on account of their high efficiency and low environmental impact is acting as another growth-inducing factor. Moreover, various technological advancements, such as the integration of robotics with induction motors, are creating a positive market outlook.

Do you know more information, Contact to our analyst at– https://www.imarcgroup.com/induction-motor-market

Key Market Segmentation:

Key Players Included in Global Induction Motor Market Research Report:

  • ABB
  • Ametek
  • Emerson Electric
  • Siemens
  • WEG
  • Brook Crompton
  • Danaher Corporation
  • Johnson Electric Holdings
  • Regal Beloit

Breakup by Product Type

  • Single Phase Induction Motors
  • Three Phase Induction Motors

Breakup by End-Use Sector

  • Industrial
  • Commercial
  • Residential

Breakup by Region:

  • North America (United States, Canada)
  • Asia Pacific (Germany, France, United Kingdom, Italy, Spain, Others)
  • Europe (China, Japan, India, Australia, Indonesia, Korea, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Who we are:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact us:
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800

Tower Crane Market Size, Growth, Key Players and Forecast 2023-2028

According to IMARC Group’s latest research report, titled ” Tower Crane Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028 ,” offers a comprehensive analysis of the industry, which comprises insights into the tower crane market. The report also includes competitor and regional analysis, and contemporary advances in the global market. The global  tower crane market size  reached  US$ 7.0 Billion in 2022 . Looking forward, IMARC Group expects the market to reach  US$ 9.6 Billion by 2028 , exhibiting a growth rate  (CAGR) of 5.1% during 2023-2028 .

Tower Crane Market Outlook:

Tower cranes represent specialized machines capable of lifting heavy objects, such as concrete, steel, large tools, and other building materials, with minimum human assistance. They are available in several types, including self-erecting, luffing jib, hammerhead, flat top, etc., and commonly comprise a base, mast, working and machinery arm, slewing unit, hook and trolley, operator cab, etc. In line with this, tower crane systems offer incredible stability, have unmatched height capacity, and can easily bear heavier weights.

They are equipped with a maximum load limit and a load-moment limit switch for preventing overloading issues and allowing users to move from a dangerous and harsh working environment and operate from the safety of a control room. Consequently, tower cranes are extensively utilized in various sectors, such as construction, mining, marine, etc., across the globe.

Get Free Sample Copy of Report at –  https://www.imarcgroup.com/tower-crane-market/requestsample

Tower Crane Market Trends:

The emerging trend of automation in the construction industry is among the key factors driving the tower crane market. Besides this, the launch of numerous favorable initiatives by government bodies across countries to promote infrastructure development projects, which involve the remodeling of bridges, ports, dams, pipelines, road networks, railways, aqueducts, etc., is acting as another significant growth- inducing factor. Moreover, leading manufacturers are focusing on improving the production capacity of the equipment and introducing tower cranes integrated with anti-collision devices to prevent collision with nearby structures, trees, buildings, etc., which is also positively influencing the global market. Apart from this, the inflating levels of urbanization are projected to fuel the tower crane market over the forecasted period.

Key Market Segmentation:

Competitive Landscape:

  • Action Construction Equipment Ltd.
  • Eng Cranes Srl
  • Favelle Favco Berhad (Muhibbah Engineering)
  • HKTC extension
  • JASO Tower Cranes
  • Liebherr
  • Sany Heavy Industry Co. Ltd.
  • Shandong Huaxia Group Co. Ltd.
  • terex corporation
  • WOLFFKRAN International AG
  • Yongmao Holdings Limited
  • Zoomlion Heavy Industry Science and Technology Co. Ltd.

Breakup by Type:

  • Self-Erecting
  • Luffing Jib
  • Hammer head
  • Flat Tops

Breakup by Lifting Capacity:

  • Less than 5 tons
  • 6 to 10 Tons
  • More than 10 tons

Breakup by End Use Industry:

  • Building Construction
  • Infrastructural Construction
  • Energy
  • Others

Breakup by Region:

  • North America (United States, Canada)
  • Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Key Highlights of the Report:

  • Market Performance 
  • Market Outlook
  • Porter’s Five Forces Analysis
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Value Chain
  • Comprehensive Mapping of the Competitive Landscape

Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

Who we are:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact us:

IMARC Group

134 N 4th St. Brooklyn, NY 11249, USA

Email: sales@imarcgroup.com

Tel No:(D) +91 120 433 0800

Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800