Global Motors and Drives in Process Market by Type (Drives, Motors), By Application (Food and beverage, Mining, Oil and gas, Power) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2021 To 2030.
The global motors and drives in process market is expected to grow at a CAGR of 4.5% during the forecast period from 2021 to 2030. The growth of this market is driven by the increasing demand for motors in process applications such as food & beverage industry which is expected to grow at a CAGR of 5.2% during the forecast period from 2021 to 2030. The food & beverage industry has been witnessing an increase in demand for motors due to their use in various processes such as cooking or cooling which are essential for production of processed foods. In addition to this application segment, mining industry also has been witnessing an increase in demand for motors due to their use in various processes such as drilling or crushing which are essential for production of minerals like coal or gold etc, oil & gas industry also has been witnessing an increase in demand for motors due to their use in various processes such as drilling or pumping which are essential for production of oil etc, power generation industry also has been witnessing an increase in demand for motors due to their use on generators that produce electricity etc, all these industries have witnessed a significant rise over the past few years owing mainly because they have seen increased investments from governments across different regions globally with regards towards infrastructure development projects that require more power generation capacity than ever before.
Some Of The Growth Factors Of This Market:
- The global process market is expected to reach USD 1,890 billion by 2022.
- Increasing demand for automation in the manufacturing sector will drive the growth of the process market.
- Increasing demand for energy efficient motors and drives will also drive the growth of the process market.
- Increasing use of electric motors and drives in various industries such as automotive, aerospace, and construction.
Industry Growth Insights published a new data on “Motors and Drives in Process Market”. The research report is titled “Motors and Drives in Process Market research by Types (Drives, Motors), By Applications (Food and beverage, Mining, Oil and gas, Power), By Players/Companies ABB, Danfoss, Rockwell Automation, Siemens, WEG, Allied Motion Technologies, ARC Systems, Asmo, Emerson, Franklin Electric, Fuji Electric, GE, Huali, KEB, Nidec, Schneider Electric, SEW Eurodrive, TECO-Westinghouse, Toshiba, Yaskawa”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Motors and Drives in Process Market Research Report
By Type
Drives, Motors
By Application
Food and beverage, Mining, Oil and gas, Power
By Companies
ABB, Danfoss, Rockwell Automation, Siemens, WEG, Allied Motion Technologies, ARC Systems, Asmo, Emerson, Franklin Electric, Fuji Electric, GE, Huali, KEB, Nidec, Schneider Electric, SEW Eurodrive, TECO-Westinghouse, Toshiba, Yaskawa
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
243
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Motors and Drives in Process Market Report Segments:
The global Motors and Drives in Process market is segmented on the basis of:
Types
Drives, Motors
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
Food and beverage, Mining, Oil and gas, Power
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:
- ABB
- Danfoss
- Rockwell Automation
- Siemens
- WEG
- Allied Motion Technologies
- ARC Systems
- Asmo
- Emerson
- Franklin Electric
- Fuji Electric
- GE
- Huali
- KEB
- Nidec
- Schneider Electric
- SEW Eurodrive
- TECO-Westinghouse
- Toshiba
- Yaskawa
Highlights of The Motors and Drives in Process 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:
- Drives
- Motors
- By Application:
- Food and beverage
- Mining
- Oil and gas
- Power
- 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 Motors and Drives in Process 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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- Product & Brand 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?
Motors and drives are the two main components of a process. Motors move objects or substances through an apparatus, while drives provide the power to do so.
Some of the key players operating in the motors and drives in process market are ABB, Danfoss, Rockwell Automation, Siemens, WEG, Allied Motion Technologies, ARC Systems, Asmo, Emerson, Franklin Electric, Fuji Electric, GE, Huali, KEB, Nidec, Schneider Electric, SEW Eurodrive, TECO-Westinghouse, Toshiba, Yaskawa.
The motors and drives in process market is expected to register a CAGR of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Motors and Drives in Process Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Motors and Drives in Process Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Motors and Drives in Process Market - Supply Chain
4.5. Global Motors and Drives in Process Market Forecast
4.5.1. Motors and Drives in Process Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Motors and Drives in Process Market Size (000 Units) and Y-o-Y Growth
4.5.3. Motors and Drives in Process Market Absolute $ Opportunity
5. Global Motors and Drives in Process Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Motors and Drives in Process Market Size and Volume Forecast by Type
5.3.1. Drives
5.3.2. Motors
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Motors and Drives in Process Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Motors and Drives in Process Market Size and Volume Forecast by Application
6.3.1. Food and beverage
6.3.2. Mining
6.3.3. Oil and gas
6.3.4. Power
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Motors and Drives in Process Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Motors and Drives in Process Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Motors and Drives in Process Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Motors and Drives in Process Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Motors and Drives in Process Demand Share Forecast, 2019-2026
9. North America Motors and Drives in Process Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Motors and Drives in Process Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Motors and Drives in Process Market Size and Volume Forecast by Application
9.4.1. Food and beverage
9.4.2. Mining
9.4.3. Oil and gas
9.4.4. Power
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Motors and Drives in Process Market Size and Volume Forecast by Type
9.7.1. Drives
9.7.2. Motors
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Motors and Drives in Process Demand Share Forecast, 2019-2026
10. Latin America Motors and Drives in Process Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Motors and Drives in Process Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Motors and Drives in Process Market Size and Volume Forecast by Application
10.4.1. Food and beverage
10.4.2. Mining
10.4.3. Oil and gas
10.4.4. Power
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Motors and Drives in Process Market Size and Volume Forecast by Type
10.7.1. Drives
10.7.2. Motors
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Motors and Drives in Process Demand Share Forecast, 2019-2026
11. Europe Motors and Drives in Process Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Motors and Drives in Process Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Motors and Drives in Process Market Size and Volume Forecast by Application
11.4.1. Food and beverage
11.4.2. Mining
11.4.3. Oil and gas
11.4.4. Power
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Motors and Drives in Process Market Size and Volume Forecast by Type
11.7.1. Drives
11.7.2. Motors
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Motors and Drives in Process Demand Share, 2019-2026
12. Asia Pacific Motors and Drives in Process Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Motors and Drives in Process Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Motors and Drives in Process Market Size and Volume Forecast by Application
12.4.1. Food and beverage
12.4.2. Mining
12.4.3. Oil and gas
12.4.4. Power
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Motors and Drives in Process Market Size and Volume Forecast by Type
12.7.1. Drives
12.7.2. Motors
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Motors and Drives in Process Demand Share, 2019-2026
13. Middle East & Africa Motors and Drives in Process Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Motors and Drives in Process Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Motors and Drives in Process Market Size and Volume Forecast by Application
13.4.1. Food and beverage
13.4.2. Mining
13.4.3. Oil and gas
13.4.4. Power
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Motors and Drives in Process Market Size and Volume Forecast by Type
13.7.1. Drives
13.7.2. Motors
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Motors and Drives in Process Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Motors and Drives in Process Market: Market Share Analysis
14.2. Motors and Drives in Process Distributors and Customers
14.3. Motors and Drives in Process Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. ABB
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Danfoss
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Rockwell Automation
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Siemens
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. WEG
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Allied Motion Technologies
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. ARC Systems
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Asmo
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Emerson
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Franklin Electric
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Fuji Electric
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. GE
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Huali
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. KEB
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Nidec
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Schneider Electric
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. SEW Eurodrive
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. TECO-Westinghouse
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Toshiba
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Yaskawa
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
