Global Synchronous induction motor Market Growth 2024-2030

Global Synchronous induction motor Market Growth 2024-2030

Synchronous induction motor is an electric motor whose rotor operates at a speed that is synchronized with the AC frequency of the power source. There is usually no current produced in their rotor, so no inductive losses occur. This makes them advantageous in certain applications, such as those where constant rotational speed is required.

The global Synchronous induction motor market size is projected to grow from US$ million in 2024 to US$ million in 2030; it is expected to grow at a CAGR of %from 2024 to 2030.

LP Information, Inc. (LPI) ' newest research report, the “Synchronous induction motor Industry Forecast” looks at past sales and reviews total world Synchronous induction motor sales in 2023, providing a comprehensive analysis by region and market sector of projected Synchronous induction motor sales for 2024 through 2030. With Synchronous induction motor sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Synchronous induction motor industry.

This Insight Report provides a comprehensive analysis of the global Synchronous 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 Synchronous induction motor portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Synchronous induction motor market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Synchronous 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 Synchronous induction motor.

United States market for Synchronous induction motor is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

China market for Synchronous induction motor is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Europe market for Synchronous induction motor is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Global key Synchronous induction motor players cover ABB, Siemens, WEG Electric, TECO Electric & Machinery, Toshiba Corporation, etc. In terms of revenue, the global two largest companies occupied for a share nearly

% in 2023.

This report presents a comprehensive overview, market shares, and growth opportunities of Synchronous induction motor market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Permanent Magnet Motor
Induction Motor

Segmentation by Application:
Industrial Manufacturing
Wind Power
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 analysing the company's coverage, product portfolio, its market penetration.
ABB
Siemens
WEG Electric
TECO Electric & Machinery
Toshiba Corporation
Schneider Electric
Emerson Electric Co.
Nidec Corporation
Regal Beloit Corporation
Marathon Electric
Hitachi Industrial Equipment Systems Co., Ltd.
Fuji Electric Co., Ltd.

Key Questions Addressed in this Report

What is the 10-year outlook for the global Synchronous induction motor market?

What factors are driving Synchronous induction motor market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Synchronous induction motor market opportunities vary by end market size?

How does Synchronous induction motor break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.