Market Overview:
The global energy efficient low horsepower AC motors market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for energy-efficient and low horsepower AC motors across different applications, such as industrial, refrigeration, medical instruments, and others. In addition, the growing awareness about the benefits of using energy-efficient motors is also contributing to the growth of this market.
Product Definition:
An energy efficient low horsepower AC motor is a motor that uses less energy to produce the same amount of power as a standard motor. The importance of using an energy efficient low horsepower AC motor is that it can save the user money on their electric bill by using less electricity.
Synchronous:
Synchronous motors have a single-phase windings and are usually used for low power applications. They operate at constant speed in any given direction. Synchronous motors do not include electrical generators, which are used to produce alternate current.
The growth factor of the global synchronous motor market is expected to be driven by rising demand from end-use industries including construction, automotive & transportation, aerospace & defense and medical equipment industry over the forecast period.
Asynchronous:
Asynchronous motors have a characteristic of producing an irregular and variable frequency of current flow through the rotor windings. The variation in the current flow causes a magnetic effect which produces energy in form of rotary motion. Asynchronous motors are used for low power applications such as battery chargers, small fans, computer peripherals, electric shavers and other consumer electronic appliances among others.
The growing demand for energy efficient products is expected to drive market growth over the forecast period.
Application Insights:
The industrial segment accounted for the largest market share of over 50% in 2017 and is expected to continue its dominance over the forecast period. The growth can be attributed to increasing demand for energy efficient motors from various industrial applications including material handling, packaging, assembly & production, mining and quarrying operations.
Refrigeration application is projected to witness significant growth with a CAGR of XX% from 2018 to 2030 owing to stringent regulations regarding energy consumption in refrigeration systems imposed by regulatory bodies across the globe. Refrigeration equipment consumes large amount of electricity per unit of power given off by an AC motor; therefore it needs efficient low horsepower motors so as to reduce electricity bills which will ultimately result in increased product adoption over the forecast period.
Medical instrument application segment is estimatedto register a notable CAGR during the study period on account of growing usageof medical equipment such as oxygenators, ventilation fans.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing strong economic growth on account of increasing industrial output, coupled with rising electricity consumption by industries. China is anticipated to dominate Asia Pacific regional market owing to rapid industrialization along with growing demand for energy-efficient motors from various end-use industries such as food & beverage, medical devices and others.
Europe accounted for a significant share in terms of revenue in 2017 owing to high product penetration rates across several major economies including Germany, Italy and France among other Eastern European countries. North America also contributed significantly towards the overall industry growth due to increased focus on energy conservation across U.S., Canada and Mexico among other Latin American countries over the past few years which resulted into higher adoption of energy-efficient products including low horsepower AC motors for space conditioning applications such as refrigeration units or air conditioning units used indoors spaces such as homes or offices etc.).
Growth Factors:
- Increasing demand for energy efficient motors in various industrial and commercial applications
- Rising awareness about the benefits of using energy efficient motors
- Government initiatives and regulations to promote the use of energy efficient motors
- Technological advancements that lead to the development of more energy efficient motors
- Growing demand from emerging markets
Scope Of The Report
Report Attributes
Report Details
Report Title
Energy Efficient Low Horsepower AC Motors Market Research Report
By Type
Synchronous, Asynchronous
By Application
Industrial, Refrigeration, Medical Instruments, Others
By Companies
Regal Beloit, ABB, Siemens, Crompton Greaves, iTouchless, Honeywell International, Power Efficiency Corporation, Bosch Rexroth, General Electric, Simplehuman, WEG
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
224
Number of Tables & Figures
157
Customization Available
Yes, the report can be customized as per your need.
Global Energy Efficient Low Horsepower AC Motors Market Report Segments:
The global Energy Efficient Low Horsepower AC Motors market is segmented on the basis of:
Types
Synchronous, Asynchronous
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Industrial, Refrigeration, Medical Instruments, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Regal Beloit
- ABB
- Siemens
- Crompton Greaves
- iTouchless
- Honeywell International
- Power Efficiency Corporation
- Bosch Rexroth
- General Electric
- Simplehuman
- WEG
Highlights of The Energy Efficient Low Horsepower AC Motors Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Synchronous
- Asynchronous
- By Application:
- Industrial
- Refrigeration
- Medical Instruments
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Energy Efficient Low Horsepower AC Motors Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Energy efficient low horsepower AC motors are designed to reduce energy consumption in small or medium-sized businesses. These motors typically have a lower wattage and can be more efficient when it comes to running the fan or compressor.
Some of the major players in the energy efficient low horsepower ac motors market are Regal Beloit, ABB, Siemens, Crompton Greaves, iTouchless, Honeywell International, Power Efficiency Corporation, Bosch Rexroth, General Electric, Simplehuman, WEG.
The energy efficient low horsepower ac motors market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Energy Efficient Low Horsepower AC Motors Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Energy Efficient Low Horsepower AC Motors Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Energy Efficient Low Horsepower AC Motors Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Energy Efficient Low Horsepower AC Motors Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Energy Efficient Low Horsepower AC Motors Market Size & Forecast, 2020-2028
4.5.1 Energy Efficient Low Horsepower AC Motors Market Size and Y-o-Y Growth
4.5.2 Energy Efficient Low Horsepower AC Motors Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Synchronous
5.2.2 Asynchronous
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Industrial
6.2.2 Refrigeration
6.2.3 Medical Instruments
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Energy Efficient Low Horsepower AC Motors Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Energy Efficient Low Horsepower AC Motors Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Synchronous
9.6.2 Asynchronous
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Industrial
9.10.2 Refrigeration
9.10.3 Medical Instruments
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Synchronous
10.6.2 Asynchronous
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Industrial
10.10.2 Refrigeration
10.10.3 Medical Instruments
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Synchronous
11.6.2 Asynchronous
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Industrial
11.10.2 Refrigeration
11.10.3 Medical Instruments
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Synchronous
12.6.2 Asynchronous
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Industrial
12.10.2 Refrigeration
12.10.3 Medical Instruments
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Synchronous
13.6.2 Asynchronous
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Industrial
13.10.2 Refrigeration
13.10.3 Medical Instruments
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Energy Efficient Low Horsepower AC Motors Market: Competitive Dashboard
14.2 Global Energy Efficient Low Horsepower AC Motors Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Regal Beloit
14.3.2 ABB
14.3.3 Siemens
14.3.4 Crompton Greaves
14.3.5 iTouchless
14.3.6 Honeywell International
14.3.7 Power Efficiency Corporation
14.3.8 Bosch Rexroth
14.3.9 General Electric
14.3.10 Simplehuman
14.3.11 WEG
