Market Overview:
The global single-phase asynchronous motor 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 motors across different applications, such as residential, commercial building, agriculture, transportation and others. In addition, the growing awareness about energy conservation is also propelling the demand for single-phase asynchronous motors globally. Based on type, JC&BO&BO2 segment is expected to hold a dominant position in the global single-phase asynchronous motor market during the forecast period from 2018 to 2030. This segment accounted for more than 50% share of total revenue generated by type in 2017 and is projected to maintain its dominance throughout the forecast period. This can be attributed to their high efficiency and low power consumption as compared with other types of single-phase asynchronous motors available in the market. Based on application, residential segment held a major share of total revenue generated by application in 2017.
Product Definition:
A single-phase asynchronous motor is a type of AC electric motor that uses a single phase power supply. It is the most common type of motor found in residential and commercial applications. The importance of single-phase asynchronous motors lies in their ability to be used in a wide range of applications, from small appliances to large industrial equipment.
JC&BO&BO2:
JC&BO is a type of lubricant that consists of two components, namely the solvent and the base. The base oil component is responsible for providing stability to the solvent and acts as an inert medium allowing it to mix with other oils.
The basic principle behind this product’s functioning is quite simple; when exposed to heat, most solvents will boil away quickly due to which they become less dense in nature.
JY&CO&CO2&YC:
Single-phase Asynchronous Motor (JY & CO & CO2 & YC) is a type of electric motor used in various industrial applications. It has no synchronous gear and operates with the help of slip rings, which are mounted on the rotor. The absence of a synchronous gear results in low torque and high speed.
Application Insights:
The transportation segment accounted for the largest market share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing demand for electric vehicles across various regions, including Asia Pacific, North America and Europe. Moreover, technological advancements such as digital motor controls are further expected to drive product demand in this application segment.
Single-phase asynchronous motors are used in applications including residential & commercial building construction, agriculture equipment & machinery driveshafts and transmissions (such as tillers), industrial robots/crawler trucks/logging equipment etc., water treatment systems pumps etc., consumer electronics washing machines dryers home appliances fans heat ventilation air conditioning (HVAC) systems etc., among others.
The other applications include energy generation wind turbines solar photovoltaic power plants among others which use single-phase asynchronous motors with built-in protection against overloads.
Regional Analysis:
The Asia Pacific region accounted for the largest revenue share in 2017 and is expected to continue its dominance over the forecast period. The growth can be attributed to rising investments in infrastructure development, especially across emerging economies such as China and India. In addition, increasing industrialization coupled with rapid urbanization has resulted in growing demand for electric motors across various applications.
China dominated the Asia Pacific market owing to heavy investments made by the government towards developing transportation infrastructure including railways, roads, airways, waterways & ports among others. Moreover, favorable policies framed by governments of countries such as Japan and South Korea are likely to contribute towards industry growth over the coming years. For instance; under “13th Five-Year Plan†framework implemented by Chinese government; railway network expansion is planned till 2026 with an investment of USD X trillion which will lead to increased production of electric traction motors along with other products benefiting industry growth over next eight years (2016 - 2020).
Growth Factors:
- Increasing demand from the automotive sector: The global automotive market is expected to grow at a CAGR of around 4% during the forecast period. This is expected to drive the demand for single-phase asynchronous motors, as they are used in a wide range of applications in the automotive sector.
- Growing demand for energy-efficient motors: With governments across the globe implementing stringent regulations aimed at reducing energy consumption, there is an increasing demand for energy-efficient motors. Single-phase asynchronous motors are known for their high efficiency and this is expected to drive their growth in the coming years.
- Rising investments in industrial automation: Industrial automation has been growing rapidly over the past few years and this trend is likely to continue in the coming years as well, driven by factors such as rising labor costs and advancements in technology. This will lead to an increase in demand for single-phase asynchronous motors, which are widely used in industrial automation applications.
Scope Of The Report
Report Attributes
Report Details
Report Title
Single-phase Asynchronous Motor Market Research Report
By Type
JC&BO&BO2, JY&CO&CO2&YC, JX%DO&DO2&YY, YL, Single-phase Shaded Pole Asynchronous Motor
By Application
Residential, Commercial Building, Agriculture, Transportation, Others
By Companies
A.O. Smith Corporation, Allied Motion Technologies, Franklin Electric, General Electric Company, HBD Industries Inc., Mitsubishi Electric, Nidec Corporation, Regal Beloit Corporation, Bosch Rexroth, SEW-Eurodrive, YASKAWA, SEC Holding Co., Ltd.
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
132
Number of Tables & Figures
93
Customization Available
Yes, the report can be customized as per your need.
Global Single-phase Asynchronous Motor Market Report Segments:
The global Single-phase Asynchronous Motor market is segmented on the basis of:
Types
JC&BO&BO2, JY&CO&CO2&YC, JX%DO&DO2&YY, YL, Single-phase Shaded Pole 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
Residential, Commercial Building, Agriculture, Transportation, 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:
- A.O. Smith Corporation
- Allied Motion Technologies
- Franklin Electric
- General Electric Company
- HBD Industries Inc.
- Mitsubishi Electric
- Nidec Corporation
- Regal Beloit Corporation
- Bosch Rexroth
- SEW-Eurodrive
- YASKAWA
- SEC Holding Co., Ltd.
Highlights of The Single-phase Asynchronous Motor 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:
- JC&BO&BO2
- JY&CO&CO2&YC
- JX%DO&DO2&YY
- YL
- Single-phase Shaded Pole Asynchronous Motor
- By Application:
- Residential
- Commercial Building
- Agriculture
- Transportation
- 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 Single-phase Asynchronous Motor 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.
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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?
A single-phase asynchronous motor is a type of electric motor that uses an asynchronous transmission system to control the speed of the rotor. This type of motor is often used in applications where high reliability and low noise are important, such as medical equipment or industrial applications.
Some of the major players in the single-phase asynchronous motor market are A.O. Smith Corporation, Allied Motion Technologies, Franklin Electric, General Electric Company, HBD Industries Inc., Mitsubishi Electric, Nidec Corporation, Regal Beloit Corporation, Bosch Rexroth, SEW-Eurodrive, YASKAWA, SEC Holding Co., Ltd..
The single-phase asynchronous motor market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Single-phase Asynchronous Motor 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 Single-phase Asynchronous Motor Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Single-phase Asynchronous Motor 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 Single-phase Asynchronous Motor 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 Single-phase Asynchronous Motor Market Size & Forecast, 2020-2028
4.5.1 Single-phase Asynchronous Motor Market Size and Y-o-Y Growth
4.5.2 Single-phase Asynchronous Motor 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 JC&BO&BO2
5.2.2 JY&CO&CO2&YC
5.2.3 JX%DO&DO2&YY
5.2.4 YL
5.2.5 Single-phase Shaded Pole 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 Residential
6.2.2 Commercial Building
6.2.3 Agriculture
6.2.4 Transportation
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Single-phase Asynchronous Motor 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 Single-phase Asynchronous Motor 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 JC&BO&BO2
9.6.2 JY&CO&CO2&YC
9.6.3 JX%DO&DO2&YY
9.6.4 YL
9.6.5 Single-phase Shaded Pole 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 Residential
9.10.2 Commercial Building
9.10.3 Agriculture
9.10.4 Transportation
9.10.5 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 JC&BO&BO2
10.6.2 JY&CO&CO2&YC
10.6.3 JX%DO&DO2&YY
10.6.4 YL
10.6.5 Single-phase Shaded Pole 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 Residential
10.10.2 Commercial Building
10.10.3 Agriculture
10.10.4 Transportation
10.10.5 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 JC&BO&BO2
11.6.2 JY&CO&CO2&YC
11.6.3 JX%DO&DO2&YY
11.6.4 YL
11.6.5 Single-phase Shaded Pole 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 Residential
11.10.2 Commercial Building
11.10.3 Agriculture
11.10.4 Transportation
11.10.5 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 JC&BO&BO2
12.6.2 JY&CO&CO2&YC
12.6.3 JX%DO&DO2&YY
12.6.4 YL
12.6.5 Single-phase Shaded Pole 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 Residential
12.10.2 Commercial Building
12.10.3 Agriculture
12.10.4 Transportation
12.10.5 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 JC&BO&BO2
13.6.2 JY&CO&CO2&YC
13.6.3 JX%DO&DO2&YY
13.6.4 YL
13.6.5 Single-phase Shaded Pole 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 Residential
13.10.2 Commercial Building
13.10.3 Agriculture
13.10.4 Transportation
13.10.5 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 Single-phase Asynchronous Motor Market: Competitive Dashboard
14.2 Global Single-phase Asynchronous Motor Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 A.O. Smith Corporation
14.3.2 Allied Motion Technologies
14.3.3 Franklin Electric
14.3.4 General Electric Company
14.3.5 HBD Industries Inc.
14.3.6 Mitsubishi Electric
14.3.7 Nidec Corporation
14.3.8 Regal Beloit Corporation
14.3.9 Bosch Rexroth
14.3.10 SEW-Eurodrive
14.3.11 YASKAWA
14.3.12 SEC Holding Co., Ltd.
