NORTH AMERICA INDUCTION MOTORS MARKET 2019-2028

Automotive & Transportation | Automotive Components

NORTH AMERICA INDUCTION MOTORS MARKET 2019-2028

Market By Type, Application And Geography | Forecast 2019-2028

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Triton Market Research, in its report on the North American induction motors market, has determined that it would grow at a CAGR of 3.17% in the forthcoming years between 2019 and 2028.

The countries evaluated in the North American induction motors market are:

           Canada

           The United States



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The rising applications in the manufacturing sector and the advancing technological developments are the main factors driving the induction motors market in the US. Within manufacturing, electrical machinery & equipment, chemicals, aerospace & spacecraft are the major sectors contributing highest to the national economy in the United States. Induction motors are increasingly used in the manufacturing sector.

Hence, growth in this industry is expected to augment the demand for induction motors in the country. There is an ever-increasing demand for improvements in automation & technology and high efficiency in the manufacturing sector. As the induction motor is an important component of the manufacturing process, there is immense scope for the induction motors market in the United States in the estimated period.

The Canadian induction motors market is witnessing considerable growth driven by the growing application of induction motors in the manufacturing industry. The integral components of the electric vehicles are a battery, controller and electric motor. The leading manufacturing industries in Canada are motor vehicles, coal & petroleum, chemical and food products industry. Moreover, technological advancements are anticipated to create substantial growth prospects for the application of the induction motors market in Canada in the forecasted years.

Rockwell Automation Inc is a company that provides industrial automation power, control and information solutions. The company operates within two business segments, namely, Architecture & Software and Control Products & Solutions. The company operates in over 80 countries worldwide spread across North America, Europe, Middle East and Africa, Asia-Pacific and Latin America. It is headquartered in Wisconsin, the US.

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Table of Content

1.    NORTH AMERICA INDUCTION MOTORS MARKET - SUMMARY

2.    INDUSTRY OUTLOOK

2.1. MARKET DEFINITION

2.2. KEY INSIGHTS

2.2.1.   THREE-PHASE SEGMENT LEADS THE MARKET BY TYPE

2.2.2.   RESIDENTIAL SEGMENT ANTICIPATED TO SHOW FASTEST GROWTH

2.2.3.   GROWTH IN AUTOMATION INDUSTRIES

2.2.4.   DEVELOPMENT OF CARBON NANOTUBE YARNS

2.3. EVOLUTION & TRANSITION OF INDUCTION MOTORS

2.4. PORTER’S FIVE FORCE ANALYSIS

2.4.1.   THREAT OF NEW ENTRANTS

2.4.2.   THREAT OF SUBSTITUTE

2.4.3.   BARGAINING POWER OF SUPPLIERS

2.4.4.   BARGAINING POWER OF BUYERS

2.4.5.   THREAT OF COMPETITIVE RIVALRY

2.5. KEY IMPACT ANALYSIS

2.5.1.   PRICE

2.5.2.   EFFICIENCY

2.5.3.   SPEED RATING

2.5.4.   INSULATION

2.6. MARKET ATTRACTIVENESS INDEX

2.7. VENDOR SCORECARD

2.8. INDUSTRY COMPONENTS

2.8.1.   RAW MATERIAL SUPPLIERS

2.8.2.   MANUFACTURERS

2.8.3.   DISTRIBUTORS & RETAILERS

2.8.4.   END-USERS

2.9. MARKET DRIVERS

2.9.1.   DEMAND BY ELECTRIC VEHICLES

2.9.2.   COST EFFECTIVENESS OF INDUCTION MOTORS

2.9.3.   LOW MAINTENANCE COST INCREASES ADOPTABILITY

2.9.4.   INNOVATION IN INDUCTION MOTORS

2.10. MARKET RESTRAINTS

2.10.1. FRAGMENTED NATURE OF MARKET

2.10.2. HIGH COST OF INSTALLATION OF MANUFACTURING FACILITY

2.11. MARKET OPPORTUNITIES

2.11.1. GROWING DEMAND FOR ENERGY-EFFICIENT MOTORS

2.12. MARKET CHALLENGES

2.12.1. FLUCTUATIONS IN RAW MATERIAL PRICES

3.    NORTH AMERICA INDUCTION MOTORS MARKET OUTLOOK – BY TYPE

3.1. SINGLE-PHASE

3.2. THREE-PHASE

4.    NORTH AMERICA INDUCTION MOTORS MARKET OUTLOOK - BY APPLICATION

4.1. COMMERCIAL

4.2. INDUSTRIAL

4.3. RESIDENTIAL

5.    NORTH AMERICA INDUCTION MOTORS MARKET – REGIONAL OUTLOOK

5.1. UNITED STATES

5.2. CANADA

6.    COMPETITIVE LANDSCAPE

6.1. ABB

6.2. BROOK CROMPTON LTD

6.3. INMOTION

6.4. FUJI ELECTRIC

6.5. GENERAL ELECTRIC

6.6. JOHNSON ELECTRIC HOLDINGS LIMITED

6.7. KIRLOSKAR ELECTRIC COMPANY

6.8. MMC ELECTRIC COMPANY PVT LTD (DYNAFLUX)

6.9. NIDEC MOTOR CORPORATION

6.10. ORIENTAL MOTOR CORPORATION

6.11. REGAL BELOIT CORPORATION

6.12. ROCKWELL AUTOMATION INC

6.13. SIEMENS

6.14. WEG ELECTRIC CORPORATION

6.15. CG POWER AND INDUSTRIAL SOLUTIONS

7.    METHODOLOGY & SCOPE

7.1. RESEARCH SCOPE

7.2. SOURCES OF DATA

7.3. RESEARCH METHODOLOGY

List of Tables

TABLE 1: NORTH AMERICA INDUCTION MOTORS MARKET, BY COUNTRY, 2019-2028 (IN $ MILLION)

TABLE 2: MARKET ATTRACTIVENESS INDEX

TABLE 3: VENDOR SCORECARD

TABLE 4: COMPARISON BETWEEN SYNCHRONOUS & 3-PHASE INDUCTION MOTORS

TABLE 5: CONTRAST BETWEEN DIFFERENT COMMERCIALLY AVAILABLE MOTOR TECHNOLOGIES

TABLE 6: COMPARISON OF EFFICIENCY CLASSES

TABLE 7: NORTH AMERICA INDUCTION MOTORS MARKET, BY TYPE, 2019-2028 (IN $ MILLION)

TABLE 8: NORTH AMERICA INDUCTION MOTORS MARKET, BY APPLICATION, 2019-2028 (IN $ MILLION)

TABLE 9: NORTH AMERICA INDUCTION MOTORS MARKET, BY COUNTRY, 2019-2028 (IN $ MILLION)

List of Figures

FIGURE 1: TIMELINE OF INDUCTION MOTORS

FIGURE 2: PORTER’S FIVE FORCE ANALYSIS

FIGURE 3: KEY BUYING IMPACT ANALYSIS

FIGURE 4: INDUSTRY COMPONENTS

FIGURE 5: NORTH AMERICA INDUCTION MOTORS MARKET, BY SINGLE-PHASE, 2019-2028 (IN $ MILLION)

FIGURE 6: NORTH AMERICA INDUCTION MOTORS MARKET, BY THREE-PHASE, 2019-2028 (IN $ MILLION)

FIGURE 7: NORTH AMERICA INDUCTION MOTORS MARKET, BY COMMERCIAL, 2019-2028 (IN $ MILLION)

FIGURE 8: NORTH AMERICA INDUCTION MOTORS MARKET, BY INDUSTRIAL, 2019-2028 (IN $ MILLION)

FIGURE 9: NORTH AMERICA INDUCTION MOTORS MARKET, BY RESIDENTIAL, 2019-2028 (IN $ MILLION)

FIGURE 10: NORTH AMERICA INDUCTION MOTORS MARKET, REGIONAL OUTLOOK, 2018 & 2028 (IN %)

FIGURE 11: UNITED STATES INDUCTION MOTORS MARKET, 2019-2028 (IN $ MILLION)

FIGURE 12: CANADA INDUCTION MOTORS MARKET, 2019-2028 (IN $ MILLION)

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