Asia Pacific Blood Glucose Test Strip Packaging Market Research Repor High Speed Motor Market
High-Speed Motor Market Share, Size, Trends, And Business Opportunity Analysis Report 2018 include
historic data, with forecast data to 2023. High-Speed Motor Market report is helpful for future strategy
development, and to know about Market Drivers, Restraints, Opportunities, And Global market size,
share, Growth, Trends, key players forecast to 2023
Market Insights:
According to Market Research Future (MRFR)’s analysis, the global high speed motor market is set to mark
a CAGR of 4.25% during the forecast period 2017 to 2023. The growth of the market is dictated by the
initiatives undertaken by the governments for enhancing the efficiency of these motors. Additionally,
energy efficient evaluation programs coupled with increasing demand for high speed motor in industries
are expected to propel the expansion of the high speed motor market over the next couple of years.
Investments are poised to flow towards the technological advancements of the products. The market has
witnessed many developments for enhancing energy efficiency of the motor. For instance, the U.S.
General Services Administration (GSA) conducted a program in 2012 for assessing the benefits of magnetic
bearing chiller compressors. It resulted in 49% increase of energy of the high speed motor which
generated demand for magnetic bearing in high speed motor. These trends are likely to augment the high
speed motor market over the next couple of years.
The design complexity is a major restraint of the market growth as the production of high speed motor
requires high quality elements. The cheaper quality raw materials may damage the high speed motor. This
is projected to restrain the market expansion through the review period.
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Competitive Dashboard:
Some of the key players profiled in the report are GE (U.S.), Mitsubishi (Japan), Siemens (Germany),
Emerson (U.S.), ABB (Switzerland), Miedensha (Japan), Hitachi (Japan), Toshiba (Japan), Synchrony
(U.S.). Fuji Electric (Japan), Nidec (Japan), Danfoss Turbocor (U.S.), Regal Beloit (U.S.), Turbo Power
Systems (TPS) (U.K.), SKF magnetic mechatronics (Sweden), and LTI Motion (Germany).
Market Segmentation:
On the basis of product, the high speed motor market has been segmented into induction motor,
permanent magnet motor, and others.
On the basis of power range, the global high speed motor market has been segmented into high voltage
and low voltage.
On the basis of application, the high speed motor market has been segmented into machine tools, power
generation, compressor, bearings, and others.
Regional Analysis:
The high speed motor market, by region, has been segmented into North America, Europe, Asia Pacific
and Rest of the World. Asia Pacific is currently dominating the global market for high speed motors. The
market is likely to remain highly lucrative owing to the extensive support extended by the governments