Market Overview:
The global industrial high voltage motors market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for energy-efficient and reliable motors across various industries. Additionally, the growing awareness about energy conservation is also propelling the demand for industrial high voltage motors globally. Based on type, the global industrial high voltage motors market can be segmented into synchronous motor and asynchronous motor. The synchronous motor segment is expected to account for a larger share of the global market in terms of revenue in 2018. This can be attributed to its higher efficiency as compared to asynchronous motors and its ability to handle large loads without any problems.
Product Definition:
A high-voltage motor is an electric motor that operates at a voltage above 1000 volts. High-voltage motors are used in a variety of industrial applications, including moving heavy objects and powering machines.
Synchronous Motor:
Synchronous motors are used in industrial applications where the power rating is more than 2 kW and speed of rotation is less than 3000 rpm. They are mainly used for low-speed positioning control, intermittent or constant load driving, and high torque application. Synchronous motors have a characteristic of producing very little vibration as compared to induction motors which makes them suitable for heavy industrial equipment applications such as machine tools, printing machines etc.
Asynchronous Motor:
Asynchronous motors have a characteristic of consuming less power during off-time and making high torque throughout the on-time. This motor is used in industrial high voltage (IHV) motors which are typically used in machines that operate at over 60,000 rpm with low latency.
Application Insights:
The power and energy segment accounted for the largest revenue share in 2017. The growth can be attributed to growing demand for HVAC from industrial applications such as power generation, desalination plants, etc. Synchronous motors are used in large numbers for providing high torque at a relatively low speed which is suitable for heavy-duty operations. Asynchronous motors offer higher efficiency than synchronous counterparts at a given speed range thus they are preferred by electric utilities that have stringent environmental regulations regarding greenhouse gas emissions.
The water and wastewater treatment segment is expected to witness the fastest growth over the forecast period owing to rising demand from emerging economies such as India & China where there is an increasing population along with rapid urbanization & industrial development leading to increased need for electricity generation resulting in increased use of HVAC equipment including MWM.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing region over the forecast period owing to increasing demand for industrial motors in countries such as China, India, and Japan. The growing manufacturing sector in these economies coupled with rising investments in new power generation projects is anticipated to drive industry growth.
The Asia Pacific regional market accounted for a revenue share of over 40% of the global industry and is expected to grow at a CAGR of XX% from 2018 to 2030 owing high growth opportunities across several end-use industries such as oil & gas, power & energy, water & wastewater treatment among others. Moreover, favorable government policies aimed at promoting industrialization are also driving product demand across developing nations within this region which will further fuel market expansion over the coming years.
Growth Factors:
- Increasing demand from the automotive industry for high voltage motors
- Growing demand for energy-efficient motors
- Rising popularity of electric vehicles
- Proliferation of industrial automation and robotics
- Growing trend of miniaturization in motor technology
Scope Of The Report
Report Attributes
Report Details
Report Title
Industrial High Voltage Motors Market Research Report
By Type
Synchronous Motor, Asynchronous Motor
By Application
Oil & Gas and Chemicals, Power and Energy, Water & Wastewater Treatment, Mining, Cement Industry, Metallurgical Industry, Others
By Companies
Shanghai Electric, Wolong, Jiamusi Electric, XEMC, HYOSUNG, Siemens, ABB, TECO, TMEIC, Lanzhou Electric Machinery, Hitachi, SEC Electric Machinery Co.,Ltd, Zhongda Motor, Nidec Industrial
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
130
Number of Tables & Figures
91
Customization Available
Yes, the report can be customized as per your need.
Global Industrial High Voltage Motors Market Report Segments:
The global Industrial High Voltage Motors market is segmented on the basis of:
Types
Synchronous Motor, Asynchronous Motor
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
Oil & Gas and Chemicals, Power and Energy, Water & Wastewater Treatment, Mining, Cement Industry, Metallurgical Industry, 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:
- Shanghai Electric
- Wolong
- Jiamusi Electric
- XEMC
- HYOSUNG
- Siemens
- ABB
- TECO
- TMEIC
- Lanzhou Electric Machinery
- Hitachi
- SEC Electric Machinery Co.,Ltd
- Zhongda Motor
- Nidec Industrial
Highlights of The Industrial High Voltage 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 Motor
- Asynchronous Motor
- By Application:
- Oil & Gas and Chemicals
- Power and Energy
- Water & Wastewater Treatment
- Mining
- Cement Industry
- Metallurgical Industry
- 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 Industrial High Voltage 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
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- Consumer Insights
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- Product & Brand Management
- Channel & Customer Management
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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?
Industrial high voltage motors are used in a variety of industrial applications, such as power generation and transportation. These motors typically operate at voltages above 1000 volts, and can generate significant amounts of power. They are also often used in applications that require high levels of durability and reliability, such as mining or manufacturing.
Some of the major companies in the industrial high voltage motors market are Shanghai Electric, Wolong, Jiamusi Electric, XEMC, HYOSUNG, Siemens, ABB, TECO, TMEIC, Lanzhou Electric Machinery, Hitachi, SEC Electric Machinery Co.,Ltd, Zhongda Motor, Nidec Industrial.
The industrial high voltage 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 Industrial High Voltage 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 Industrial High Voltage Motors Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Industrial High Voltage 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 Industrial High Voltage 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 Industrial High Voltage Motors Market Size & Forecast, 2020-2028 4.5.1 Industrial High Voltage Motors Market Size and Y-o-Y Growth 4.5.2 Industrial High Voltage 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 Motor
5.2.2 Asynchronous Motor
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 Oil & Gas and Chemicals
6.2.2 Power and Energy
6.2.3 Water & Wastewater Treatment
6.2.4 Mining
6.2.5 Cement Industry
6.2.6 Metallurgical Industry
6.2.7 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Industrial High Voltage 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 Industrial High Voltage 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 Motor
9.6.2 Asynchronous Motor
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 Oil & Gas and Chemicals
9.10.2 Power and Energy
9.10.3 Water & Wastewater Treatment
9.10.4 Mining
9.10.5 Cement Industry
9.10.6 Metallurgical Industry
9.10.7 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 Motor
10.6.2 Asynchronous Motor
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 Oil & Gas and Chemicals
10.10.2 Power and Energy
10.10.3 Water & Wastewater Treatment
10.10.4 Mining
10.10.5 Cement Industry
10.10.6 Metallurgical Industry
10.10.7 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 Motor
11.6.2 Asynchronous Motor
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 Oil & Gas and Chemicals
11.10.2 Power and Energy
11.10.3 Water & Wastewater Treatment
11.10.4 Mining
11.10.5 Cement Industry
11.10.6 Metallurgical Industry
11.10.7 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 Motor
12.6.2 Asynchronous Motor
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 Oil & Gas and Chemicals
12.10.2 Power and Energy
12.10.3 Water & Wastewater Treatment
12.10.4 Mining
12.10.5 Cement Industry
12.10.6 Metallurgical Industry
12.10.7 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 Motor
13.6.2 Asynchronous Motor
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 Oil & Gas and Chemicals
13.10.2 Power and Energy
13.10.3 Water & Wastewater Treatment
13.10.4 Mining
13.10.5 Cement Industry
13.10.6 Metallurgical Industry
13.10.7 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 Industrial High Voltage Motors Market: Competitive Dashboard
14.2 Global Industrial High Voltage Motors Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Shanghai Electric
14.3.2 Wolong
14.3.3 Jiamusi Electric
14.3.4 XEMC
14.3.5 HYOSUNG
14.3.6 Siemens
14.3.7 ABB
14.3.8 TECO
14.3.9 TMEIC
14.3.10 Lanzhou Electric Machinery
14.3.11 Hitachi
14.3.12 SEC Electric Machinery Co.,Ltd
14.3.13 Zhongda Motor
14.3.14 Nidec Industrial