Global Industrial Motors Market 2017-2022 - Market Projected to Reach Over $100 Billion

Global industrial motors market is projected to grow at a CAGR of 5.00% over the forecast period to reach US$100.481 billion by 2022, increasing from US$78.711 billion in 2017.

Rising industrial production across the globe is escalating the growth of industrial motors market. Stringent energy standards and growing prices of electricity are further boosting the demand for energy-efficient industrial motors for various applications. Growing awareness regarding depletion of water resources and thus, rising need for water recycling globally will attribute to the growth of industrial motors market in the forthcoming years.

APAC industrial motors market is anticipated to grow at the fastest growth rate owing to rapid industrialization, infrastructure development in countries such as China and India, growing end-use industries such as automotive, food and beverage, and mining, and strict regulations in the wastewater management sector. Factors such as a high price of industrial motors than conventional motors coupled with high installation costs will hinder the growth of global industrial motors market during the forecast period.

Segmentation

By Motor Type

By Voltage

By Industry Vertical

Key Topics Covered:

1. Introduction

2. Research Methodology

3. Executive Summary

4. Market Dynamics

5. Industrial Motors Market Forecast by Motor Type (US$ billion)

6. Industrial Motors Market Forecast by Voltage (US$ billion)

7. Industrial Motors Market Forecast by End User Industry (US$ billion)

8. Industrial Motors Market Forecast by Geography (US$ billion)

9. Competitive Intelligence

10. Company Profiles

For more information about this report visit https://www.researchandmarkets.com/research/qfb6r9/industrial_motors

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