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(Wireless-NewsWire.Com, November 02, 2016 ) The Gobal Energy Efficient Motor is estimated at $47 Billion in 2015 and is poised to reach $102.84 billion by 2022, growing at a compound annual growth rate (CAGR) of 11.8% during the forecast period. Energy efficient motors market are effectively been utilized in the fields of residential, industrial, agricultural and commercial sector. Increasing demand from industrial sector is the key opportunity for the market growth. The factors such as consumption of low electricity, growing government funding and rising awareness of environmental protection are the drivers of energy efficient motor market.
Report URL: http://www.reportsweb.com/energy-efficient-motor-global-market-outlook-2015-2022
However, high initial cost and low rate of implementation are hamering the market. Asynchronous motors segment has the leading market for energy efficient motor and is expected to have significant demand over the forecast period. Europe dominates the global market for energy efficient motor.
Some of the key players in this market include Baldoe Electric Company, Emerson Electric Company, ABB Ltd, Kirloskar Electric Company Ltd, Regal Beloit Corporation, Bosch Rexroth AG, Marathon Electric, Siemens AG, General Electric Company, Crompton Greaves Ltd, and Schneider Electric SE.
Energy Efficient Motors Products Covered:
- Direct Current (DC) Motors
- Synchronous Motors
- Asynchronous Motors
Type Covered:
- IE1 Type of Standard
- IE1 Type of Standard
- IE1 Type of Standard
- IE1 Type of Standard
End-User Covered:
- Residential
- Industrial
- Agricultural Sector
- Commercial Building
- Transportation
Application Covered:
- Fans
- Material processing
- Compressed Air
- Material handling
- Pumps
- Heating, Ventilation & Air Conditioning (HVAC)
- Refrigeration
- Buildings
- Aerospace and Defense
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Regions Covered:
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- France
- Italy
- UK
- Spain
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia
- New Zealand
- Rest of Asia Pacific
- Rest of the World
- Middle East
- Brazil
- Argentina
- South Africa
- Egypt
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What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
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- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
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