In the forecast period of 2024-2032, the global medium voltage motor market size is expected to grow at a CAGR of around 5.00%. The growth of medium-voltage drives and distribution systems are projected to contribute to the industry growth opportunities over the coming years.
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The EMR’s report titled “Medium Voltage Motors Market Report and Forecast 2024-2032” offers a detailed analysis of the market based on the following segments:
Market Breakup by Product
Market Breakup by End-Use
Breakup by Region
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The medium voltage motor industry owes its growth to the efficient engineering of the motor which makes it economical to use. The growing demand for energy efficient motors is also contributing to the industry growth.
The AC type dominates the industry due their comparatively superior cooling efficiency as compared to DC motors. Regionally, the Asia Pacific is a major industry for medium voltage motors and is being driven by the rising industrialisation and rapidly growing population in the region.
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The report presents a detailed analysis of the following key players in the global medium voltage motor industry, looking into their capacity, competitive landscape, and latest developments like plant turnarounds, capacity expansions, and mergers and acquisitions:
The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter’s five forces.
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The global medium voltage motor market is projected to grow at a CAGR of 5.00% between 2024 and 2032.
The industry is being driven by the growing demand for energy-efficient motors, shifting focus towards innovative technology, growing uptake of low and medium voltage motors by the electronics and automotive industries, and increasing number of power generation, water and wastewater treatment, steel, cement plants.
The key trends augmenting the growth of the market are rapid industrialisation and population growth.
The major regions in the industry are North America, Latin America, Europe, Middle East and Africa, and Asia Pacific with Asia Pacific accounting for a significant share in the market.
AC-motors is the dominant product in the industry.
The leading end-uses in the industry are process industries, discrete industries, and HVAC.
The major players in the industry are Menzel Elektromotoren GmbH, Brook Crompton UK Ltd, Regal Beloit Corporation, Toshiba International Corporation, Hoyer Motors, Bharat Bijlee Limited (BBL), Baldor Electric Company, Inc., Johnson Electric Holdings Ltd., Rockwell Automation Inc., Ametek, Inc., Allied Motion Technologies Inc.and Others.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Product |
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| Breakup by End-Use |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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