Integral Horse Power
Motors are electrical motors which have horse power rating of 1 or
above. These motors are highly energy efficient in nature and used
across various application areas. The market is expected to grow
during the forecast period. The rising global awareness to save
energy is driving the market for integral horsepower motors as these
motors are highly energy efficient in nature. Furthermore, the
industries are using these motors to save on their electrical
expenditures and hence reducing their operating costs.
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The integral
horsepower motors are divided in two categories, three phase and
single phase integral horse power motors. Each of these types of
motors have a wide area of applications such as refrigeration,
heating and cooling, air conditioning, swimming pools, industrial
applications and commercial HVAC among others. The improving
economical conditions in the European regions are expected to the
drive the market with the increasing demand for automotives and
growing industrial applications. Furthermore, the changing government
regulation in Europe and North America markets is encouraging the use
of energy efficient motors. In addition, the growing awareness for
alternate sources of energy such as water and waste water is also
spurring the growth of integral horsepower motors. These factors are
driving the growth for this market.
However, the higher
initial cost of installing these motors is acting as a major barrier
in the growth of this market. The market is expected to witness
growth during the forecast period due to the presence of developing
regions such as India and China. The ongoing industrialization in
these regions will act as an opportunity for the integral horsepower
motors market. Furthermore, the schemes initiated by governments to
encourage the companies to upgrade their motors for higher efficiency
will also act as an opportunity for the integral horsepower motors
market.
The integral
horsepower motors market can be segmented into three categories: by
types, application and region. By types the integral horsepower
motors can be divided into small, medium and large motors. In terms
of application, the market can be segregated into automotive
industries, mining, power generation, food and beverages and HVAC
segments. The automotive segment has major application for integral
horsepower motors and is expected to witness steady growth during the
forecast period.
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In terms of region,
the market can be divided into grow geographical locations: North
America, Europe, Asia Pacific and Rest of the world. North America
and Europe are the early adapters of technologies. However, the
regions will witness a steady growth in this market due to the recent
economic crisis in these regions. However, the Asia Pacific region is
expected to witness robust growth due to the presence of developing
nations such as India and China who are focusing on constant
industrialization.
The integral
horsepower motors are dominated by several players across the globe.
Some of the key players in the market include ABB Ltd, Brook
Crompton, Allied Motion Technologies, ARC Systems, Danaher
Corporation, Rockwell Automation, TECO Westinghouse, Toshiba
Corporation, Siemens AG, Emerson Electric and Regal Beloit among
others.
This
research report analyzes this market on the basis of its market
segments, major geographies, and current market trends. Geographies
analyzed under this research report include
- North America
- Asia Pacific
- Europe
- Middle East and Africa
- Latin America
This
report provides comprehensive analysis of
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for upcoming years
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This
report is a complete study of current trends in the market, industry
growth drivers, and restraints. It provides market projections for
the coming years. It includes analysis of recent developments in
technology, Porter’s five force model analysis and detailed
profiles of top industry players. The report also includes a review
of micro and macro factors essential for the existing market players
and new entrants along with detailed value chain analysis.
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report provides pin-point analysis for changing competitive dynamics
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