According
to a recent research report released by Transparency Market Research,
the global precision electric motors market is expected to be worth
US$52.22 billion by 2020. The report, titled “Precision Electric
Motors (Brushless) Market - Global Industry Analysis, Size, Share,
Growth, Trends and Forecast, 2014 - 2020” estimates the overall
market to witness a positive growth at a CAGR of 12.7% during the
period between 2014 and 2020. In 2013, the precision electric motors
market was valued at US$22.69 billion.
Browse
the full Precision Electric Motors (Brushless) Market - Global
Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 -
2020 report at
http://www.transparencymarketresearch.com/precision-electric-motors-market.html
The
report points out that the increasing demand for high performance
motors has led to the growth of the global precision electric motors
market. Precision electric motors are energy efficient with reduced
noise and increased shelf life. The growing demand for precision
electric motors owing to the increased production of motor vehicles,
defense and aerospace equipment, home appliances, and other electric
motor driven systems will propel the global precision electric motors
market. However, the report cites that the higher cost of the
precision electric motors will restrain the market growth in the near
future. Increasing demand for industrial robots and the use of
precision electric motors in medical diagnostic applications will
open new opportunities for the overall market in the coming years.
On
the basis of motor type, the report segments the global precision
electric motors into DC brushless motors and AC brushless motors. In
2014, DC brushless motors accounted for US$21.29 billion and
dominated the market. The demand for DC brushless motors is expected
to be the highest during the forecast period due to their extensive
usage in chassis and powertrain applications in cars manufactured
across the globe. The increased demand for DC brushless motors can
also be attributed to the fact that they are controlled through
simple switching commutation logic. The AC brushless motors, on the
other hand need complex algorithms.
In
terms of end-use application, the report categorizes the global
precision electric motors into sectors such as industrial machinery,
household appliances, healthcare, defense and aerospace, automotive,
and others. In 2014, largest share in the market was held by
industrial machinery segment and it accounted for US$6.74 billion.
The segment accounted for more than 25% share in the total revenue
generated by the global precision electric motors market in 2013.
Owing to the increasing sales of hybrid and electric vehicles, the
demand for precision electric motors in automotive sector is expected
to be the highest during the forecast horizon.
The
report studies the global precision electric motors market in four
key regions: Asia Pacific, Europe, North America, and Rest of the
World. Asia Pacific drove the demand from the market and accounted
for US$11.29 billion in 2014. The region is expected to dominate the
overall market during the forecast period due to the rapid
industrialization in the emerging economies.
Browse
the full Press Release
:http://www.transparencymarketresearch.com/pressrelease/precision-electric-motors-market.htm
The
report profiles some of the key players in the global precision
electric motors market such as Yaskawa Electric Corporation, Baldor
Electric Company, Regal Beloit Corp., Nidec Corporation, and Omron
Corporation.
The
research study has been segmented as below:
Precision
Electric Motors (Brushless) Market: by Type
AC
brushless motors
DC
brushless motors
Precision
Electric Motors (Brushless) Market: by Application
Automotive
Industrial
machinery
Household
appliances
Defense
and aerospace
Household
applicance
Others
Precision
Electric Motors (Brushless) Market: by Geography
North
America
Europe
Asia-Pacific
Rest
of the World
Request
a Sample of this Report :
http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=4161
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Transparency
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