High Speed Motor Industry Highlights
The high speed motor is mainly used in applications that require higher rotational speed. The high speed motor provides a rotational speed of over 10,000 rpm. Owing to their high speed, the power density of the motor is also high and the power volume is comparatively too less as compared to the ordinary motor. The use of high speed motors ensure high transmission efficiency and lesser noise. The high speed of the motor has small inertia, which result in faster dynamic response. The use of high speed motor with variable frequency drive will improve efficiency and reduce energy consumption in motor. Variable frequency drive are used to provide low cost of energy, improved system reliability, and less maintenance cost. The growth of the high speed motors market is majorly driven by increased government initiative, energy efficient evaluation programs, and high demand for high speed motor in industries. The government have taken various initiatives to increase the efficiency of the high speed motor.
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GE (U.S.), ABB (Switzerland), Mitsubishi (Japan), Siemens (Germany), Emerson (U.S.), Miedensha (Japan), Hitachi (Japan), Nidec (Japan), Toshiba (Japan), Synchrony (U.S.), and Fuji Electric (Japan). Danfoss Turbocor (U.S.), SKF magnetic mechatronics (Sweden), Regal Beloit (U.S.), Turbo Power Systems (TPS) (U.K.), and LTI Motion (Germany)
Global High Speed Motor Market Segments Analysis:
The high-speed motor market has been segmented based on product, power range, application, and region.
On the basis of product, the market has been segmented as induction motor, permanent magnet motor, and others.
On the basis of power range, the market has been segmented as high voltage and low voltage.
On the basis of application, the market has been segmented as machine tools, power generation, compressor, bearings, and others.
Geographically, the global High speed motor market has been divided into four major regions such as North America, Europe, Asia Pacific and Rest of the World.
Asia Pacific has dominated the high speed motor market due to growing industrial sector. The government is seeking development in infrastructure due to which there will be immense scope for the growth of high speed motor. The government has taken various investment initiative to increase the efficiency of the motor.
Europe is the second largest market that is expected to grow due to high contribution from countries such as Germany, U.K. and France. The existence of an established manufacturing sector in this region provides additional scope of growth for the manufacturers in the market. Additionally, with the currently booming automotive industry in the Europe region the market for high-speed motors will flourish.
North America is the third largest market that is expected to grow due to the presence of leading manufacturers with high investment in research and development. The increased investment in research and development will result in high innovation in products, which meets government standards.
List of Tables
Table 1 Market Synopsis
Table 2 List Of Assumptions
Table 3 Global High Speed Motor Market, By Product, 2014-2017 (USD Million)
Table 4 Global High Speed Motor Market, By Power Range, 2014-2017 (USD Million)
Table 5 Global High Speed Motor Market, By Application, 2014-2023 (USD Million)
Table 6 Global High Speed Motor Market, By Region, 2014-2023 (USD Million)
Table 7 Americas: High Speed Motor Market, By Region, 2014-2023 (USD Million)
List of Figures
Figure 1 Global High Speed Motor Market: Market Structure
Figure 2 Key Takeaways Of The High Speed Motor Market
Figure 3 Key Buying Criteria Of High Speed Motor
Figure 4 Research Process Of MRFR
Figure 5 Top Down & Bottom Up Approach
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