Energy and Power Intelligent Motor Controller Market

Intelligent Motor Controller Market Analysis: Latest
Advancement, Technology, Growth Forecast to 2021
The report "Intelligent Motor Controller Market by Voltage (Low & Medium), by Motor
Type, by End User (Oil & Gas, Power & Water, Food, Mining, Chemicals, & Pharmaceutical),
by Application (Pump, Fan & Compressor), & by Region - Global Trends & Forecasts to
2021", The intelligent motor controller market is projected to grow from an estimated USD 656.9
Million in 2016 to USD 857.6 Million by 2021, at a CAGR of 5.48% from 2016 to 2021.
Browse 73 market data tables with 51 figures spread through 161 pages and in-depth TOC
on "Intelligent Motor Controller Market - Global Trends & Forecasts to 2021"
Increasing demand for smart, multifunctional, and integrated devices in industries; growing
concerns regarding motor efficiency; and rising adoption of industrial automation in developing
regions are driving the global market for intelligent motor controller.
The oil & gas industry is expected to occupy the largest share of the intelligent motor
controller market, by end-user
The oil & gas industry is the largest end-user industry for intelligent motor controller, due to the
large-scale application of motor driven equipment in the industry. Water & wastewater, power
generation, and food & beverage industries are the other major end-users that employ smart
motor control systems. The market for intelligent motor controller in the water & wastewater
industry is expected to grow at the highest CAGR during the forecast period. This growth is
attributed to rising urbanization and pressure on efficient use of existing water resources.
AC motors segment is expected to account for the largest share of the intelligent motor
controller market, by motor type
AC motors are estimated to constitute the largest segment of the intelligent motor controller
market. AC motors are widely employed within the industry, owing to low-cost, robust
construction, and compatibility with almost all industrial applications. Major end -user industries
such as oil & gas, water & wastewater, power generation, and food & beverage employ AC
motors for diverse applications. Intelligent motor controller for other motor types such as DC,
stepper, and servo constitute a very small share, and is projected to grow at a slo wer rate as
compared to AC motors segment.