This report studies the Switched Reluctance Motors market size (value and volume) by players, regions, product types and end industries, history data 2013-2017 and forecast data 2018-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The switched reluctance motor (SRM) is a type of a stepper motor, an electric motor that runs by reluctance torque. Unlike common DC motor types, power is delivered to windings in the stator (case) rather than the rotor. This greatly simplifies mechanical design as power does not have to be delivered to a moving part, but it complicates the electrical design as some sort of switching system needs to be used to deliver power to the different windings. With modern electronic devices, precisely timed switching is not a problem, and the SRM is a popular design for modern stepper motors. Its main drawback is torque ripple.
Currently, there are many producing companies in the world. The main market players are Nidec Corporation, AMETEK, VS Technology, Shandong Kehui Power Automation etcs. The production value of Switched Reluctance Motors is about 422.0 Million USD in 2016.
North America is the largest consumption of Switched Reluctance Motors, with a sales market share nearly 31.3% in 2016.
The second place is Europe; following North America with the sales market share over 29.05%.. Asia Pacific is another important consumption market of Switched Reluctance Motors.
Switched Reluctance Motors used in industry including Automobile Industry, Appliance Industry, Industrial Machinery and Others. Report data showed that 22.95% of the Switched Reluctance Motors market demand in Automobile Industry, 19.43% in C Appliance Industry, and 39.28% in Industrial Machinery in 2016.
There are three kinds productions Constituting the Switched Reluctance Motors, which are <100 KW, 100-500 KW and >500 KW. <100 KW Switched Reluctance Motors are important in the Switched Reluctance Motors, with a production market share nearly 62.56% in 2016.
Briefly speaking, in the next few years, Switched Reluctance Motors industry will still be a relative steady industry. Sales of Switched Reluctance Motors have brought a lot of opportunities, there will more companies enter into this industry, especially in developing countries.
The global Switched Reluctance Motors market was 440 million US$ in 2017 and is expected to 670 million US$ by the end of 2025, growing at a CAGR of 5.3% between 2018 and 2025.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Switched Reluctance Motors in these regions, from 2013 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
Shandong Kehui Power Automation
Rongjia Motor Co., Ltd
Rocky Mountain Technologies
By the product type, the market is primarily split into
By the end users/application, this report covers the following segments
We can also provide the customized separate regional or country-level reports, for the following regions:
Rest of Asia-Pacific
Rest of Europe
Central & South America
Rest of Central & South America
Middle East & Africa
Rest of Middle East & Africa
The study objectives of this report are:
To study and analyze the global Switched Reluctance Motors market size (value & volume) by company, key regions/countries, products and application, history data from 2013 to 2017, and forecast to 2025.
To understand the structure of Switched Reluctance Motors market by identifying its various subsegments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Switched Reluctance Motors manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Switched Reluctance Motors with respect to individual growth trends, future prospects, and their contribution to the total market.
To project the value and volume of Switched Reluctance Motors submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
In this study, the years considered to estimate the market size of Switched Reluctance Motors are as follows:
History Year: 2013-2017
Base Year: 2017
Estimated Year: 2018
Forecast Year 2018 to 2025
This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Switched Reluctance Motors market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Raw material suppliers
Regulatory bodies, including government agencies and NGO
Commercial research & development (R&D) institutions
Importers and exporters
Government organizations, research organizations, and consulting firms
Trade associations and industry bodies
With the given market data, QYResearch offers customizations according to the company's specific needs. The following customization options are available for the report:
Further breakdown of Switched Reluctance Motors market on basis of the key contributing countries.
Detailed analysis and profiling of additional market players.