Global Squirrel-cage Induction Motor Market Growth 2023-2029

Global Squirrel-cage Induction Motor Market Growth 2023-2029

LPI (LP Information)' newest research report, the “Squirrel-cage Induction Motor Industry Forecast” looks at past sales and reviews total world Squirrel-cage Induction Motor sales in 2022, providing a comprehensive analysis by region and market sector of projected Squirrel-cage Induction Motor sales for 2023 through 2029. With Squirrel-cage Induction Motor sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Squirrel-cage Induction Motor industry.
This Insight Report provides a comprehensive analysis of the global Squirrel-cage Induction 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 Squirrel-cage Induction Motor portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Squirrel-cage Induction Motor market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Squirrel-cage Induction 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 Squirrel-cage Induction Motor.
The global Squirrel-cage Induction Motor market size is projected to grow from US$ 13640 million in 2022 to US$ 17260 million in 2029; it is expected to grow at a CAGR of 17260 from 2023 to 2029.
On the basis of product type, type of Low Pressure represent the largest share of the worldwide Squirrel-cage induction motor market, with 73% share. In the applications, General Machinery segment is estimated to be the largest end-use industry segment of the market in 2019, with 37% share of global market. Europe holds the major share in the market, with a share of 32%.
This report presents a comprehensive overview, market shares, and growth opportunities of Squirrel-cage Induction Motor market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Low Pressure
High Pressure
Segmentation by application
Chemical
Metallurgy and Mining
Water and wastewater treatment
Petrochemical
Food and Beverage
Automotive and Transportation
General Machinery
Others
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.
ABB
Simens
Wolong
WEG
TECO
Xiangdian
NIDEC
HITACHI
Huali Group
Toshiba
Tatung
Anhui Wannan
Jiangsu dazhong
Jiangte Heavy Industry Science &Technology Development
YASKAWA
NORD
Regal-Beloit
SEW Eurodrive
Jinlong
Fujian Yuandong

Key Questions Addressed in this Report
What is the 10-year outlook for the global Squirrel-cage Induction Motor market?
What factors are driving Squirrel-cage Induction Motor market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Squirrel-cage Induction Motor market opportunities vary by end market size?
How does Squirrel-cage Induction 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.