Asia Pacific Blood Glucose Test Strip Packaging Market Research Repor High-Speed Motor Market Research Report- Forecast | Page 2
low moment of inertia and high pulse torque and are best suited for rough conditions
where high overloads may occur.
Regional Analysis:
Geographically, the global High-speed motor market has been divided into four major
regions such as North America, Europe, Asia Pacific and Rest of the World. North America
region is expected to grow significantly over the forecast period. The existence of major
manufacturers and technology in this region allows major manufacturers to heavily invest
in research and development to develop new products. Increase in demand from the
manufacturing sector is one of the prime factors driving the global high-speed motor
market. With major manufacturers in this region aggressively pushing new products in the
market and adopting aggressive marketing techniques the high-speed motor market is
expected to register higher growth rate during the forecast period.
The growth of the High-speed motors market is majorly driven by the undertaking of
various energy efficient evaluation programs. For instance, in 2012, The US General
Services Administration (GSA) had conducted an assessment for magnetic bearing
technologies for testing emerging technologies. The test concluded that about 42.3%
energy saving was obtained of positive displacement water-cooled chillers. It has also been
observed that the oil-free magnetic bearing centrifugal compressor have entered in the
HVAC market. This will increase the demand for high-speed motor in various application.
The energy efficient programs develop various technologies that improve the overall
efficiency of the system. Improved efficiency will consume lesser energy due to aspects
such as lightweight, low start-up power draw, and reduce maintenance cost.
The other factors contributing towards the growth of the market are the increasing
demand for High-speed motors from the end use industries, majorly in industrial sector
and the increase in government initiatives for developing and increasing the efficiency of
High-speed motors.
However, the growth of this market is expected to be restrained by the huge complexities
involved in the manufacturing of such High-speed motors. The infrastructure required to
perform tests on high-speed motors during development phase are highly complex and not
easily available in the market, which is also expected to restrain the growth of the market.
The report for Global High-speed motor market of Market Research Future comprises of
extensive primary research along with the detailed analysis of qualitative as well as
quantitative aspects by various industry experts, key opinion leaders to gain the deeper
insight of the market and industry performance. The report gives the clear picture of
current market scenario which includes historical and projected market size in terms of
value and volume, technological advancement, macro economical and governing factors in