Global High Speed Motor Market Growth 2023-2029
High speed motor usually refers to the motor with rotation speed over 10000 rpm. They have the following advantages: Due to their high speed, so the motor power density is high, and power volume is far less than ordinary motor, can effectively save material. Secondly, it is can be connected to the prime mover, cancelled the traditional retarding mechanism, high transmission efficiency, low noise. Also, due to the high speed motor moment of inertia is small, so the dynamic response is fast.
LPI (LP Information)' newest research report, the “High Speed Motor Industry Forecast” looks at past sales and reviews total world High Speed Motor sales in 2022, providing a comprehensive analysis by region and market sector of projected High Speed Motor sales for 2023 through 2029. With High Speed Motor sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world High Speed Motor industry.
This Insight Report provides a comprehensive analysis of the global High Speed Motor landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on High Speed Motor portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global High Speed Motor market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for High Speed Motor and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global High Speed Motor.
The global High Speed Motor market size is projected to grow from US$ 505.7 million in 2022 to US$ 604.9 million in 2029; it is expected to grow at a CAGR of 604.9 from 2023 to 2029.
The major manufacturers of high speed motors include GE, ABB, Mitsubishi, Siemens, Bosch Rexroth, etc. The top 5 companies account for about 50% of the market.
Europe is the main market, accounting for about 40%, followed by Asia Pacific at about 35%.
This report presents a comprehensive overview, market shares, and growth opportunities of High Speed Motor market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Induction Motor
Permanent Magnet Motor
Other Motor
Segmentation by application
Machine Tools
Power Generation
Compressor
Other Industry
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
GE
ABB
Mitsubishi
Siemens
Bosch Rexroth
Emerson
Meidensha
Hitachi
Jing-Jin Electric
Nidec
Toshiba
Synchrony
Fuji Electric
Key Questions Addressed in this Report
What is the 10-year outlook for the global High Speed Motor market?
What factors are driving High Speed Motor market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do High Speed Motor market opportunities vary by end market size?
How does High Speed Motor break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
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