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Global and United States Industrial Smart Motors Market Report & Forecast 2022-2028

Lowest Price Available Length Published Date Report Id
from $4350.00 91 Pages 2022-01-27 4307317

Summary:

These specialized motors through the integration of Industrial Internet of Things (IIoT)-enabled services offer a superior performance to the end users.

Market Analysis and Insights: Global and United States Industrial Smart Motors Market

This report focuses on global and United States Industrial Smart Motors market, also covers the segmentation data of other regions in regional level and county level.

Due to the COVID-19 pandemic, the global Industrial Smart Motors market size is estimated to be worth US$ 678 million in 2022 and is forecast to a readjusted size of US$ 867.9 million by 2028 with a CAGR of 4.2% during the review period. Fully considering the economic change by this health crisis, by Type, Commercial accounting for % of the Industrial Smart Motors global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While by Application, Power & Energy was the leading segment, accounting for over percent market share in 2021, and altered to an % CAGR throughout this forecast period.

The mechanical power transmission capabilities enable and provide huge scope for application of electric motors in numerous industrial activities and processes. Thus, these motors play a crucial role in various tasks such as material handling, pumps, compressors, conveyor systems, automation processes, and controllers.

Global Industrial Smart Motors Scope and Market Size

Industrial Smart Motors market is segmented by region (country), players, by Type and by Application. Players, stakeholders, and other participants in the global Industrial Smart Motors market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application for the period 2017-2028.

For United States market, this report focuses on the Industrial Smart Motors market size by players, by Type and by Application, for the period 2017-2028. The key players include the global and local players, which play important roles in United States.

Segment by Type, the Industrial Smart Motors market is segmented into

Commercial

Industrial

Segment by Application, the Industrial Smart Motors market is segmented into

Power & Energy

Manufacturing

Automotive

Healthcare

Others

Regional and Country-level Analysis

By Region

North America

U.S.

Canada

Europe

Germany

France

U.K.

Italy

Russia

Asia-Pacific

China

Japan

South Korea

India

Australia

Taiwan

Indonesia

Thailand

Malaysia

Philippines

Vietnam

Latin America

Mexico

Brazil

Argentina

Middle East & Africa

Turkey

Saudi Arabia

UAE

Competitive Landscape and Industrial Smart Motors Market Share Analysis

Industrial Smart Motors market competitive landscape provides details and data information by players. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2017-2022. It also offers detailed analysis supported by reliable statistics on revenue (global and regional level) by players for the period 2017-2022. Details included are company description, major business, company total revenue and the sales, revenue generated in Industrial Smart Motors business, the date to enter into the Industrial Smart Motors market, Industrial Smart Motors product introduction, recent developments, etc.

The major vendors covered:

CG Global

Dunkermotoren

HSD SpA

Nidec Corporation

Reliance Precision

Rockwell Automation

Schneider Electric

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Global and United States Industrial Smart Motors market