Analysis on Impact of COVID19-AC Electric Motor Sales in Oil and Gas Market 2020-2024 | Increase in Oil and Gas Demand to Boost Growth | Technavio

Technavio has been monitoring the AC electric motor sales in oil and gas market and it is poised to grow by USD 3106.16 million during 2020-2024, progressing at a CAGR of over 5% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

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Technavio has announced its latest market research report titled Global AC Electric Motor Sales in Oil and Gas Market 2020-2024 (Graphic: Business Wire)

Technavio has announced its latest market research report titled Global AC Electric Motor Sales in Oil and Gas Market 2020-2024 (Graphic: Business Wire)

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Please Request Free Sample Report on COVID-19 Impact

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. ABB Ltd., FLANDERS Inc., General Electric Co., Hitachi Ltd., Nidec Motor Corp., Regal Beloit Corp., Schlumberger Ltd., Siemens AG, Toshiba Mitsubishi-Electric Industrial Systems Corp., and WEG SA are some of the major market participants. The increase in oil and gas demand will offer immense growth opportunities. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Increase in oil and gas demand has been instrumental in driving the growth of the market.

AC Electric Motor Sales in Oil and Gas Market 2020-2024: Segmentation

AC Electric Motor Sales in Oil and Gas Market is segmented as below:

  • Type
    • Induction Motor
    • Synchronous Motor
  • Geography
    • APAC
    • MEA
    • North America
    • Europe
    • South America

To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR43147

AC Electric Motor Sales in Oil and Gas Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our ac electric motor sales in oil and gas market report covers the following areas:

  • AC Electric Motor Sales in Oil and Gas Market: Size
  • AC Electric Motor Sales in Oil and Gas Market: Trends
  • AC Electric Motor Sales in Oil and Gas Market: Industry Analysis

This study identifies increasing number of smart cities as one of the prime reasons driving the AC electric motor sales growth in oil and gas market during the next few years.

AC Electric Motor Sales in Oil and Gas Market 2020-2024: Vendor Analysis

We provide a detailed analysis of vendors operating in the AC electric motor sales in oil and gas market, including some of the vendors such as ABB Ltd., FLANDERS Inc., General Electric Co., Hitachi Ltd., Nidec Motor Corp., Regal Beloit Corp., Schlumberger Ltd., Siemens AG, Toshiba Mitsubishi-Electric Industrial Systems Corp., and WEG SA. Backed with competitive intelligence and benchmarking, our research reports on the AC electric motor sales in oil and gas market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.

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AC Electric Motor Sales in Oil and Gas Market 2020-2024: Key Highlights

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will assist AC electric motor sales growth in oil and gas market during the next five years
  • Estimation of the size of AC electric motor sales in oil and gas market and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the AC electric motor sales in oil and gas market
  • Analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of vendors in AC electric motor sales in oil and gas market

Table Of Contents:

Executive Summary

Market Landscape

  • Market ecosystem
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2019
  • Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

  • Five forces summary
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Type

  • Market segments
  • Comparison by Type
  • Induction motor - Market size and forecast 2019-2024
  • Synchronous motor - Market size and forecast 2019-2024
  • Market opportunity by Type

Customer Landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • APAC - Market size and forecast 2019-2024
  • MEA - Market size and forecast 2019-2024
  • North America - Market size and forecast 2019-2024
  • Europe - Market size and forecast 2019-2024
  • South America - Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity by geography

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

  • Overview
  • Vendor landscape
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • ABB Ltd.
  • FLANDERS Inc.
  • General Electric Co.
  • Hitachi Ltd.
  • Nidec Motor Corp.
  • Regal Beloit Corp.
  • Schlumberger Ltd.
  • Siemens AG
  • Toshiba Mitsubishi-Electric Industrial Systems Corp.
  • WEG SA

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

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Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.