COVID-19 Impact: A Mix of Challenges and Opportunities |Industrial High Voltage Motors Market 2020-2024 | Increase In Demand For Squirrel Cage Induction Motors to Boost Growth | Technavio

Technavio has been monitoring the industrial high voltage motors market and it is poised to grow by USD 1.01 bn during 2020-2024, progressing at a CAGR of over 3% 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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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. ABB Ltd., CG Power and Industrial Solutions Ltd., General Electric Co., Hitachi Ltd., Meidensha Corp., Nidec Corp., Regal Beloit Corp., Siemens AG, Toshiba International Corp., and WEG Equipamentos Eletricos SA are some of the major market participants. Although the increase in demand for squirrel cage induction motors will offer immense growth opportunities, need to comply with strict regulations will challenge the growth of the market participants. 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 demand for squirrel cage induction motors has been instrumental in driving the growth of the market. However, need to comply with strict regulations might hamper market growth.

Industrial High Voltage Motors Market 2020-2024 : Segmentation

Industrial High Voltage Motors Market is segmented as below:

• End user
  • Oil and Gas Industry
  • Chemicals and Petrochemicals Industry
  • Utilities Sector
  • Water and Wastewater Treatment Industry
  • Others
• Geography
  • APAC
  • Europe
  • North America
  • MEA
  • South America

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Industrial High Voltage Motors 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 industrial high voltage motors market report covers the following areas:

• Industrial High Voltage Motors Market size
• Industrial High Voltage Motors Market trends
• Industrial High Voltage Motors Market industry analysis

This study identifies the emergence of customized industrial high voltage motors as one of the prime reasons driving the industrial high voltage motors market growth during the next few years.

Industrial High Voltage Motors Market 2020-2024 : Vendor Analysis

We provide a detailed analysis of around 25 vendors operating in the industrial high voltage motors market, including some of the vendors such as ABB Ltd., CG Power and Industrial Solutions Ltd., General Electric Co., Hitachi Ltd., Meidensha Corp., Nidec Corp., Regal Beloit Corp., Siemens AG, Toshiba International Corp., and WEG Equipamentos Eletricos SA. Backed with competitive intelligence and benchmarking, our research reports on the industrial high voltage motors market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.

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Industrial High Voltage Motors Market 2020-2024 : Key Highlights

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

Table Of Contents :

Executive Summary

Market Landscape

• Market ecosystem
• Market characteristics
• 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 End-user

• Market segments
• Comparison by End-user
• Oil and gas industry - Market size and forecast 2019-2024
• Chemicals and petrochemicals industry - Market size and forecast 2019-2024
• Utilities sector - Market size and forecast 2019-2024
• Water and wastewater treatment industry - Market size and forecast 2019-2024
• Others - Market size and forecast 2019-2024
• Market opportunity by End-user

Customer Landscape

Geographic Landscape

• Geographic segmentation
• Geographic comparison
• APAC - Market size and forecast 2019-2024
• Europe - Market size and forecast 2019-2024
• North America - Market size and forecast 2019-2024
• MEA - 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

• Vendor landscape
• Landscape disruption

Vendor Analysis

• Vendors covered
• Market positioning of vendors
• ABB Ltd.
• CG Power and Industrial Solutions Ltd.
• General Electric Co.
• Hitachi Ltd.
• Meidensha Corp.
• Nidec Corp.
• Regal Beloit Corp.
• Siemens AG
• Toshiba International Corp.
• WEG Equipamentos Eletricos SA

Appendix

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

About Us

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.

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