Market Overview:
The global single phase induction motor 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 motors across different applications, such as residential, industrial, commercial, and others. In addition, the growing awareness about energy conservation is also propelling the growth of this market.
Product Definition:
A single-phase induction motor (SPIM) is an electric motor that runs on single-phase power. It consists of two main parts: the stator and the rotor. The stator is a stationary part that contains the windings, while the rotor rotates around it. When voltage is applied to the stator, a rotating magnetic field is created, which induces current in the rotor windings. This current creates its own magnetic field, which interacts with the rotating field from the stator to create torque and make the motor turn.
Single-phase induction motors are used in a wide variety of applications, including fans, blowers, pumps, compressors, and small appliances.
Capacitor-Start Induction Motor:
The capacitor-start induction motor is a type of electric motor that uses a capacitor as an energy storage device to start and stop the current supply. The starting and stopping of the current supply is achieved by using pulse width modulation.
The growing demand for energy efficient motors has led to its increasing usage in various applications such as air conditioners, refrigerators & heaters, industrial process equipment, HVAC systems among others.
Capacitor-Run Motor Induction Motor:
The capacitor-run motor induction motor is a type of electric motor which uses a combination of Capacitor and Inductance to generate electricity. The working principle behind these motors is very simple, the rotating magnetic field induces current in the windings of the coil located within the housing, this current then flows through the external power source and provides energy to run various appliances.
Application Insights:
The industrial application segment led the market and accounted for more than 54.0% share of the global revenue in 2017. The product is widely used in applications, such as air handling units, compressors, fans and other machinery equipment that require a single phase motor with high power density. In addition, increasing demand for SIPIM from major industrial countries including China India and Japan on account of growing infrastructure spending is expected to drive the growth over the forecast period.
Single phase induction motors are used as prime mover in various residential & commercial HVAC systems such as space heating ventilation air conditioning (HVAC), refrigeration systems among others which require a low energy consumption motor coupled with efficient performance characteristics at an affordable cost.
Regional Analysis:
Asia Pacific is expected to be the largest and fastest-growing regional market over the forecast period. The growth can be attributed to increasing industrialization, rising commercial construction activities, and expanding manufacturing sector in the region. Increasing demand for clean energy coupled with supportive government initiatives is also anticipated to drive industry expansion over the coming years.
The European market accounted for a significant share of global Single Phase Inductin Motor (SPIM) industry in terms of revenue as well as volume in 2016 owing to early technology adoption by several key automotive manufacturers across Europe. However, sluggish growth observed across major economies including Germany has resulted into a lower penetration rate compared with other regions which was later followed by economic recession between 2009 and 2011 resulting into an overall decline in industrial production output from 2012 to 2014; subsequently recovering since then on account of various factors such as low interest rates & inflationary environment & high confidence levels among consumers & businesses are expected result into higher product demand during the forecast period.
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 induction motors in the coming years.
- Growing demand for energy-efficient motors: There is an increasing focus on energy efficiency across industries, which is driving the demand for energy-efficient motors, including single phase induction motors.
- Rising investments in infrastructure development: There has been a significant increase in investments in infrastructure development projects across regions such as Asia Pacific and Latin America, which is likely to boost the growth of the single phase induction motor market during the forecast period.
- Proliferation of smart grids: The proliferation of smart grids is providing opportunities for growth of advanced motor technologies such as single phase induction motors, thereby boosting their adoption rates worldwide. 5) Technological advancements: Ongoing technological advancements are resulting in innovative products being launched into the market, which are helping to fuel growth ofthesinglephaseinductionmotormarket
Scope Of The Report
Report Attributes
Report Details
Report Title
Single Phase Inductin Motor Market Research Report
By Type
Capacitor-Start Induction Motor, Capacitor-Run Motor Induction Motor, Resistance Split-Phase Motor Induction Motor, Others
By Application
Residential, Industrial, Commercial, Others
By Companies
Nidec Motor Corporation (U.S.), ABB Ltd. (Switzerland), Siemens AG (Germany), WEG Electric Corp. (Brazil), Emerson Electric Co. (U.S.), Nidec Motor Corporation (U.S.)
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
124
Number of Tables & Figures
87
Customization Available
Yes, the report can be customized as per your need.
Global Single Phase Inductin Motor Market Report Segments:
The global Single Phase Inductin Motor market is segmented on the basis of:
Types
Capacitor-Start Induction Motor, Capacitor-Run Motor Induction Motor, Resistance Split-Phase Motor Induction Motor, Others
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, Industrial, Commercial, 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:
- Nidec Motor Corporation (U.S.)
- ABB Ltd. (Switzerland)
- Siemens AG (Germany)
- WEG Electric Corp. (Brazil)
- Emerson Electric Co. (U.S.)
- Nidec Motor Corporation (U.S.)
Highlights of The Single Phase Inductin 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:
- Capacitor-Start Induction Motor
- Capacitor-Run Motor Induction Motor
- Resistance Split-Phase Motor Induction Motor
- Others
- By Application:
- Residential
- Industrial
- Commercial
- 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 Inductin 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 inductin motor is a type of electric motor that uses induction to generate power. Induction motors use an electromagnet to create a rotating magnetic field, which in turn causes the rotor to spin. This spinning motion powers the electric motor and allows it to move objects.
Some of the major players in the single phase inductin motor market are Nidec Motor Corporation (U.S.), ABB Ltd. (Switzerland), Siemens AG (Germany), WEG Electric Corp. (Brazil), Emerson Electric Co. (U.S.), Nidec Motor Corporation (U.S.).
The single phase inductin 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 Inductin 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 Inductin Motor Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Single Phase Inductin 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 Inductin 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 Inductin Motor Market Size & Forecast, 2020-2028 4.5.1 Single Phase Inductin Motor Market Size and Y-o-Y Growth 4.5.2 Single Phase Inductin 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 Capacitor-Start Induction Motor
5.2.2 Capacitor-Run Motor Induction Motor
5.2.3 Resistance Split-Phase Motor Induction Motor
5.2.4 Others
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 Industrial
6.2.3 Commercial
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Single Phase Inductin 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 Inductin 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 Capacitor-Start Induction Motor
9.6.2 Capacitor-Run Motor Induction Motor
9.6.3 Resistance Split-Phase Motor Induction Motor
9.6.4 Others
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 Industrial
9.10.3 Commercial
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 Capacitor-Start Induction Motor
10.6.2 Capacitor-Run Motor Induction Motor
10.6.3 Resistance Split-Phase Motor Induction Motor
10.6.4 Others
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 Industrial
10.10.3 Commercial
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 Capacitor-Start Induction Motor
11.6.2 Capacitor-Run Motor Induction Motor
11.6.3 Resistance Split-Phase Motor Induction Motor
11.6.4 Others
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 Industrial
11.10.3 Commercial
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 Capacitor-Start Induction Motor
12.6.2 Capacitor-Run Motor Induction Motor
12.6.3 Resistance Split-Phase Motor Induction Motor
12.6.4 Others
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 Industrial
12.10.3 Commercial
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 Capacitor-Start Induction Motor
13.6.2 Capacitor-Run Motor Induction Motor
13.6.3 Resistance Split-Phase Motor Induction Motor
13.6.4 Others
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 Industrial
13.10.3 Commercial
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 Single Phase Inductin Motor Market: Competitive Dashboard
14.2 Global Single Phase Inductin Motor Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Nidec Motor Corporation (U.S.)
14.3.2 ABB Ltd. (Switzerland)
14.3.3 Siemens AG (Germany)
14.3.4 WEG Electric Corp. (Brazil)
14.3.5 Emerson Electric Co. (U.S.)
14.3.6 Nidec Motor Corporation (U.S.)