A
new report published by Transparency Market Research, titled
“Precision Electric Motors (Brushless) Market - Global Industry
Analysis, Size, Share, Growth, Trends and Forecast 2014 – 2020”,
is a professional and comprehensive guide to the precision electric
motors (brushless) market on a global level, and provides accurate
estimates in terms of revenue (USD billion) for the forecast period
2014 to 2020.
The
report states that the global precision electric motors (brushless)
market stood at US$25.45 billion in 2014. Growing at a 12.7% CAGR
during 2014-2020, the market could reach US$52.22 billion.
The
major factor responsible for the growth of the precision electric
motors (brushless) market covered in this study report is the
positive economic outlook around the world. A number of growing
manufacturing industries in the regions of Indonesia, South Korea,
China, and India in Asia-Pacific are generating a high demand for
electric motors for premium performance.
Press
Release:
http://www.transparencymarketresearch.com/pressrelease/precision-electric-motors-market.htm
A
study of such factors that are responsible for the shift in market
trends reveals that due to growing activities in the increasing
application segments and the contribution of various manufacturers to
the revenue, this market is rising.
The
report segments the market based on product types into AC brushless
motors and DC brushless motors, with DC brushless motors leading the
global market due to increase in its usage in chassis and power-train
applications in automobiles. Moreover, based on application, the
report categorizes the market into automotive, healthcare, defense
and aerospace, industrial machinery, household appliances, and
others. The industrial machinery segment currently holds the largest
market share in the precision electric motors (brushless) market,
while the defense and aerospace and automotive segments are expected
to grow rapidly by the end of 2020.
Other
Reports:
Power
Banks Market:
http://www.transparencymarketresearch.com/power-banks-market.html
Consumer
Electronics Market:
http://www.transparencymarketresearch.com/consumer-electronics-market.html
About
TMR
Transparency
Market Research (TMR) is a U.S. based market intelligence company
driven by high-pedigree consultants and researchers. TMR leverages
its Syndicated Research, Custom Research, and Market Consulting
expertise to help businesses make accurate decisions. TMR’s
exclusive blend of quantitative forecasting and trends analysis draws
on proprietary data sources and techniques, while their data
repository is continuously updated to reflect the latest trends.
Contacts
Transparency
Market Research
Mr.
Atil Chaudhari, +1-518-618-1030
USA-Canada
Toll Free: 866-552-3453
sales@transparencymarketresearch.com
http://www.transparencymarketresearch.com/
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