AC 모터 시장 예측(-2029년) : 극수별, 정격 전력별, 유형별, 전압별, 최종사용자별, 지역별

The AC motors market is projected to reach USD 6.60 billion by 2029 from an estimated USD 4.60 billion in 2024, at a CAGR of 7.5% during the forecast period (2024-2029). The demand for AC motors is growing because there has been an increased number of applications in industries such as HVAC, manufacturing, oil & gas, and water and wastewater treatment. Their performance, durability, and resistance to automation make them useful for smart manufacturing. Rapid growth in infrastructure projects along with energy-efficient systems and transformation into renewable energy sources also increases use for applications requiring precise and reliable control.

"Induction motor is expected to grow as the largest segment during the forecast period."

Induction motors are the strongest growing segment of AC motors because of their rugged nature, low maintenance, and all-around applications. They thrive well under changing climatic conditions and are commonly implemented in industries such as HVAC, manufacturing, and renewable energy. Electrification of transportation modes and infrastructure modernization adds to their demand. Induction motors are less costly and versatile to meet high and low speeds with many loads. This is suitable for industrial and consumer markets and has the potential for achieving lower greenhouse gas emissions by being in line with broader global sustainability goals.

"Power segment is expected to emerge as the largest segment by application."

The power segment is growing the fastest within AC motors due to the growing demand for electricity driven by industrialization, urbanization, and the integration of renewable energy. It is critical for the successful operation of the power generation, transmission, and distribution systems. In turbines and compressors, AC motors handle heavy-duty equipment operations, delivering efficiency in their work. Coupled with the rising demand in power loads and motor durability and efficiency improvements, their trend is set to suit the global shift toward energy optimization. Further, with the increasing investment in smart grids and electrification projects also drives this segment forward.

"China to grow at the highest CAGR for Asia Pacific AC motors market."

China represents one of the fastest-growing AC motor markets, based on its strong manufacturing industry- it accounts for the largest worldwide. China also benefits rapidly from Industry 4.0 technologies. The drive by this country to automate processes and invest more in smart factories has hugely created an influence on the demand of the AC motors in the industries. Moreover, its efforts for renewable energy and electrical vehicle use are further increasing growth among the power and automobile markets. Low production costs together with government initiatives to update infrastructures and a booming market in exports have cemented leadership status for China in AC motor industry.

In-depth interviews have been conducted with various key industry participants, subject-matter experts, C-level executives of key market players, and industry consultants, among other experts, to obtain and verify critical qualitative and quantitative information, as well as to assess future market prospects. The distribution of primary interviews is as follows:

By Company Type: Tier 1- 30%, Tier 2- 45%, and Tier 3- 25%

By Designation: C-Level- 30%, Director Levels- 20%, and Others- 50%

By Region: North America- 18%, Europe- 8%, Asia Pacific- 60%, the Middle East & Africa- 10%, and South America- 4%

Note: Others include sales managers, engineers, and regional managers.

Note: The tiers of the companies are defined based on their total revenues as of 2023. Tier 1: > USD 1 billion, Tier 2: From USD 500 million to USD 1 billion, and Tier 3: < USD 500 million

ABB (Switzerland), Siemens (Germany), GE Vernova (US), WEG (Brazil), and NIDEC (Japan) are some of the key players in the AC motors market.

The study includes an in-depth competitive analysis of these key players in the AC motors market, with their company profiles, recent developments, and key market strategies.

Research Coverage:

The report defines, describes, and forecasts the AC motors market by Type (Induction motors and Synchronou motors), By Power Rating (500 - 900 kW; 900 - 1,200 kW; 1,200 - 5,000 kW; 5,000 - 9,000 kW; 9,000 - 12,000 kW; 12,000 - 15,000 kW; 15,000 - 25,000 kW; Above 25,000 kW), By Voltage (3 kV to 3.6 kV, 3.7 kV to 4.9 kV, 5 kV to 7.2 kV and Above 7.2 kV), By Poles (2 poles, 4 poles, 6 poles, 8 poles, 10 poles, others) By End User (Steel & metals, Mining, Oil & gas, Water & wastewater treatment, Power, Marine and shipbuilding, Petrochemicals, Automotive manufacturing, and Others) and By Region (North America, South America, Europe, Asia Pacific, and Middle east & Africa). The scope of the report covers detailed information regarding the major factors, such as drivers, restraints, challenges, and opportunities, influencing the growth of the AC motors market. A detailed analysis of the key industry players has been done to provide insights into their business overview, solutions, and services; key strategies; Contracts, partnerships, agreements, investment, divestment, new product & service launches, and recent developments associated with the AC motors market. Competitive analysis of upcoming startups in the AC motors market ecosystem is covered in this report.

Key Benefits of Buying the Report

• Analysis of key drivers (burgeoning steel industry is propagating the induction motors growth

, global commitment to decarbonization are creating unprecedented demand for induction & synchronous motors and growing demand in manufacturing industries), restraints (increase in maintenance cost of systems after implementation of induction and synchronous motors and implementation of stringent regulatory standards), opportunities (transition of automotive industry toward electric vehicles and growth of adoption in the oil & gas industry), and challenges (thermal, insulation and mechanical issues are causing a hinderance in high voltage induction motors and shortage of components and supply chain issues) influences the growth of the ac motors market.

• Product Development/ Innovation: GE Vernova, GE's portfolio of energy businesses, announced a significant investment of over USD 450 million in U.S. manufacturing for 2023. This investment aims to enhance capacity, upgrade facilities, and improve production processes. For motors specifically, the investment supports the development and manufacturing of advanced motor technologies, ensuring higher efficiency and reliability. These improvements are expected to boost GE Vernova's competitive edge in the energy sector, particularly in renewable energy and power generation applications.
• Market Development: The development of AC motors are moving towards greater efficiency and power generation. Favorable government policies in carbon emission reduction, increasing demand for AC motors in industrial sectors, create AC motors market growth.
• Market Diversification: The deal indicates that GE Vernova's Power Conversion business is advancing its role in the naval sector by supplying integrated full-electric propulsion systems for the Republic of Singapore Navy's Multi-Role Combat Vessel program. This collaboration highlights GE Vernova's capabilities in providing cutting-edge energy conversion technologies, reinforcing its commitment to innovative solutions in maritime applications, and enhancing energy efficiency and operational performance for naval fleets.
• Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players like ABB (Switzerland), Siemens (Germany), GE Vernova (US), WEG (Brazil), NIDEC (Japan) among others in the AC motors market.

TABLE OF CONTENTS

1 INTRODUCTION

• 1.1 STUDY OBJECTIVES
• 1.2 MARKET DEFINITION
• 1.3 STUDY SCOPE
  • 1.3.1 MARKETS COVERED AND REGIONAL SCOPE
  • 1.3.2 INCLUSIONS AND EXCLUSIONS
  • 1.3.3 YEARS CONSIDERED
• 1.4 LIMITATIONS
• 1.5 UNIT CONSIDERED
• 1.6 CURRENCY CONSIDERED
• 1.7 STAKEHOLDERS
• 1.8 SUMMARY OF CHANGES

2 RESEARCH METHODOLOGY

• 2.1 RESEARCH DATA
• 2.2 MARKET BREAKDOWN AND DATA TRIANGULATION
  • 2.2.1 SECONDARY AND PRIMARY RESEARCH
  • 2.2.2 SECONDARY DATA
    • 2.2.2.1 Key data derived from secondary sources
    • 2.2.2.2 List of major secondary sources
  • 2.2.3 PRIMARY DATA
    • 2.2.3.1 Key data derived from primary sources
    • 2.2.3.2 Key industry insights
    • 2.2.3.3 Major participants in primary interviews
    • 2.2.3.4 Breakdown of primaries
• 2.3 MARKET SIZE ESTIMATION METHODOLOGY
  • 2.3.1 BOTTOM-UP APPROACH
    • 2.3.1.1 Demand-side analysis
    • 2.3.1.2 Regional analysis
    • 2.3.1.3 Country-level analysis
    • 2.3.1.4 Demand-side assumptions
    • 2.3.1.5 Demand-side calculations
  • 2.3.2 TOP-DOWN APPROACH
  • 2.3.3 SUPPLY-SIDE ANALYSIS
    • 2.3.3.1 Supply-side assumptions
    • 2.3.3.2 Supply-side calculations
  • 2.3.4 FORECAST ASSUMPTIONS
• 2.4 RISK ANALYSIS
• 2.5 RESEARCH ASSUMPTIONS
• 2.6 RESEARCH LIMITATIONS

3 EXECUTIVE SUMMARY

4 PREMIUM INSIGHTS

• 4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN AC MOTOR MARKET
• 4.2 AC MOTOR MARKET IN ASIA PACIFIC, BY TYPE AND COUNTRY
• 4.3 AC MOTOR MARKET, BY TYPE
• 4.4 AC MOTOR MARKET, BY VOLTAGE
• 4.5 AC MOTOR MARKET, BY POWER RATING
• 4.6 AC MOTOR MARKET, BY POLE
• 4.7 AC MOTOR MARKET, BY END USER

5 MARKET OVERVIEW

• 5.1 INTRODUCTION
• 5.2 MARKET DYNAMICS
  • 5.2.1 DRIVERS
    • 5.2.1.1 International initiatives focused on decarbonizing steel industry
    • 5.2.1.2 Global transition toward clean energy to reduce carbon emissions
    • 5.2.1.3 Rapid industrialization and increasing adoption of smart technology
  • 5.2.2 RESTRAINTS
    • 5.2.2.1 Need for regular maintenance despite high cost
    • 5.2.2.2 Requirement to comply with stringent regulatory standards
  • 5.2.3 OPPORTUNITIES
    • 5.2.3.1 Rising demand for electric vehicles
    • 5.2.3.2 Growing adoption of AC motors in oil & gas sector
  • 5.2.4 CHALLENGES
    • 5.2.4.1 Thermal, insulation, and mechanical issues in high-voltage induction motors
    • 5.2.4.2 Supply chain issues
• 5.3 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
• 5.4 PRICING ANALYSIS
  • 5.4.1 AVERAGE SELLING PRICE TREND OF AC MOTORS, BY POWER RATING, 2021-2023
  • 5.4.2 AVERAGE SELLING PRICE TREND OF AC MOTORS, BY REGION, 2021-2023
• 5.5 VALUE CHAIN ANALYSIS
• 5.6 ECOSYSTEM ANALYSIS
• 5.7 INVESTMENT AND FUNDING SCENARIO
• 5.8 TECHNOLOGY ANALYSIS
  • 5.8.1 KEY TECHNOLOGIES
    • 5.8.1.1 Permanent magnet motors
  • 5.8.2 ADJACENT TECHNOLOGIES
    • 5.8.2.1 Switched reluctance motors
• 5.9 PATENT ANALYSIS
• 5.10 TRADE ANALYSIS
  • 5.10.1 EXPORT DATA (HS CODE 8501)
  • 5.10.2 IMPORT DATA (HS CODE 8501)
• 5.11 KEY CONFERENCES AND EVENTS, 2025
• 5.12 CASE STUDY ANALYSIS
  • 5.12.1 MENZEL MOTORS DELIVERS INDUCTION MOTOR TO CEMENT PLANT TO MINIMIZE DOWNTIME
  • 5.12.2 WEG POWERS CENTRAL ASIA'S LARGEST GAS PLANT WITH HIGH-VOLTAGE MOTORS FOR ENERGY PRODUCTION
• 5.13 TARIFF AND REGULATORY LANDSCAPE
  • 5.13.1 TARIFF ANALYSIS
  • 5.13.2 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
  • 5.13.3 REGION-WISE AND GLOBAL CODES AND REGULATIONS RELATED TO AC MOTORS
• 5.14 PORTER'S FIVE FORCES ANALYSIS
  • 5.14.1 BARGAINING POWER OF SUPPLIERS
  • 5.14.2 BARGAINING POWER OF BUYERS
  • 5.14.3 THREAT OF NEW ENTRANTS
  • 5.14.4 THREAT OF SUBSTITUTES
  • 5.14.5 INTENSITY OF COMPETITIVE RIVALRY
• 5.15 KEY STAKEHOLDERS AND BUYING CRITERIA
  • 5.15.1 KEY STAKEHOLDERS IN BUYING PROCESS
  • 5.15.2 BUYING CRITERIA
• 5.16 IMPACT OF AI/GENERATIVE AI ON AC MOTOR MARKET
  • 5.16.1 AI/GENERATIVE AI APPLICATIONS OF AC MOTORS
  • 5.16.2 IMPACT OF AI/GENERATIVE AI ON AC MOTOR MARKET, BY TYPE AND REGION
  • 5.16.3 IMPACT OF AI/GENERATIVE AI ON AC MOTOR MARKET, BY REGION
• 5.17 GLOBAL MACROECONOMIC OUTLOOK
  • 5.17.1 INTRODUCTION
  • 5.17.2 GDP TRENDS AND FORECAST
  • 5.17.3 INFLATION
  • 5.17.4 ASPECTS OF MANUFACTURING VALUE ADDED IN AC MOTOR MARKET

6 AC MOTOR MARKET, BY POLE

• 6.1 INTRODUCTION
• 6.2 2-POLE
  • 6.2.1 ABILITY TO OPERATE AT HIGH-SPEEDS TO BOOST DEMAND
• 6.3 4-POLE
  • 6.3.1 SUITABILITY FOR INDUSTRIAL AND COMMERCIAL APPLICATIONS REQUIRING MODERATE SPEED AND HIGH TORQUE TO FUEL SEGMENTAL GROWTH
• 6.4 6-POLE
  • 6.4.1 INCREASING DEPLOYMENT IN APPLICATIONS REQUIRING HIGH TORQUE, LOW SPEED, AND HEAVY LOADS TO SUPPORT SEGMENTAL GROWTH
• 6.5 8-POLE
  • 6.5.1 RISING USE IN HEAVY-DUTY AND LOW-SPEED INDUSTRIAL APPLICATIONS TO FOSTER MARKET GROWTH
• 6.6 10-POLE
  • 6.6.1 ABILITY TO HANDLE DEMANDING TASKS WITH HIGH PRECISION AND EFFICIENCY TO DRIVE MARKET
• 6.7 OTHERS

7 AC MOTOR MARKET, BY POWER RATING

• 7.1 INTRODUCTION
• 7.2 500-900 KW
  • 7.2.1 INCREASING USE IN INDUSTRIAL AND COMMERCIAL APPLICATIONS REQUIRING RELIABLE AND EFFICIENT POWER DELIVERY TO DRIVE MARKET
• 7.3 >900-1,200 KW
  • 7.3.1 ABILITY TO HANDLE HEAVY MECHANICAL LOADS WITH CONSISTENT EFFICIENCY TO SPIKE DEMAND
• 7.4 >1,200-5,000 KW
  • 7.4.1 RUGGED DESIGN AND EXTREME POWER CAPACITY TO INCREASE ADOPTION IN HEAVY-DUTY INDUSTRIAL APPLICATIONS
• 7.5 >5,000-9,000 KW
  • 7.5.1 LARGE-SCALE PROJECTS IN EMERGING MARKETS TO CREATE GROWTH OPPORTUNITIES
• 7.6 >9,000-12,000 KW
  • 7.6.1 ADVANCEMENTS IN RENEWABLE ENERGY, INDUSTRIAL AUTOMATION, AND INFRASTRUCTURE DEVELOPMENT TO ELEVATE DEMAND
• 7.7 >12,000-15,000 KW
  • 7.7.1 EXCELLENCE IN DELIVERING SUBSTANTIAL POWER OUTPUT TO DRIVE CRITICAL INDUSTRIAL PROCESSES TO BOOST DEMAND
• 7.8 >15,000-25,000 KW
  • 7.8.1 CAPABILITY TO MAINTAIN EFFICIENCY UNDER CONTINUOUS HEAVY-DUTY CONDITIONS TO DRIVE MARKET
• 7.9 ABOVE 25,000 KW
  • 7.9.1 UNMATCHED EFFICIENCY, RELIABILITY, AND SUPERIOR PERFORMANCE IN HEAVY-DUTY OPERATIONS TO FUEL DEMAND

8 AC MOTOR MARKET, BY TYPE

• 8.1 INTRODUCTION
• 8.2 INDUCTION MOTORS
  • 8.2.1 SIMPLICITY, SCALABILITY, AND COST-EFFECTIVENESS FEATURES TO SPUR DEMAND
• 8.3 SYNCHRONOUS MOTORS
  • 8.3.1 ABILITY TO PERFORM AT CONSTANT SPEED EVEN UNDER EXTREME CONDITIONS TO BOOST ADOPTION

9 AC MOTOR MARKET, BY VOLTAGE

• 9.1 INTRODUCTION
• 9.2 3 TO 3.6 KV
  • 9.2.1 RISING USE IN MEDIUM-VOLTAGE APPLICATIONS TO DRIVE MARKET
• 9.3 3.7 TO 4.9 KV
  • 9.3.1 INCREASING ADOPTION TO POWER HEAVY-DUTY PROCESSING EQUIPMENT TO FUEL SEGMENTAL GROWTH
• 9.4 5 TO 7.2 KV
  • 9.4.1 HIGH EFFICIENCY, LOW MAINTENANCE, AND COMPATIBILITY FEATURES TO DRIVE ADOPTION
• 9.5 ABOVE 7.2 KV
  • 9.5.1 NEED FOR HIGH-VOLTAGE PRECISION DRIVERS IN MEGA-SCALE APPLICATIONS TO FOSTER SEGMENTAL GROWTH

10 AC MOTOR MARKET, BY END USER

• 10.1 INTRODUCTION
• 10.2 WATER & WASTEWATER TREATMENT
  • 10.2.1 SIGNIFICANT FOCUS ON ENERGY SAVINGS AND RELIABLE OPERATIONS TO SPIKE DEMAND
• 10.3 POWER
  • 10.3.1 RISING NEED FOR STABLE POWER SUPPLY IN INDUSTRIAL OPERATIONS TO CONTRIBUTE TO MARKET GROWTH
• 10.4 STEEL & METALS
  • 10.4.1 INCREASING FOCUS ON ACHIEVING SUSTAINABILITY GOALS AND REDUCING OPERATIONAL COSTS TO PROPEL MARKET
• 10.5 PETROCHEMICALS
  • 10.5.1 PRESSING NEED TO REDUCE CARBON EMISSIONS TO FUEL ADOPTION
• 10.6 MINING
  • 10.6.1 REQUIREMENT TO IMPROVE OPERATIONAL EFFICIENCY THROUGH SUSTAINABLE MINING PRACTICES TO BOOST DEMAND
• 10.7 MARINE & SHIPBUILDING
  • 10.7.1 STRICTER ENVIRONMENTAL REGULATIONS TO FUEL DEMAND
• 10.8 AUTOMOTIVE MANUFACTURING
  • 10.8.1 URGENT NEED TO REDUCE CARBON EMISSIONS AND ESCALATING DEMAND FOR ELECTRIC VEHICLES TO DRIVE MARKET
• 10.9 OIL & GAS
  • 10.9.1 RISING EMPHASIS ON REDUCING EMISSIONS AND IMPROVING OPERATIONAL EXCELLENCE TO ELEVATE DEMAND
• 10.10 OTHER END USERS

11 AC MOTOR MARKET, BY REGION

• 11.1 INTRODUCTION
• 11.2 ASIA PACIFIC
  • 11.2.1 CHINA
    • 11.2.1.1 Significant focus on achieving renewable energy goals through hydropower and solar projects to drive market
  • 11.2.2 INDIA
    • 11.2.2.1 Government policies encouraging use of energy-efficient equipment to support market growth
  • 11.2.3 JAPAN
    • 11.2.3.1 Transformation toward automated industrial economy to fuel market growth
  • 11.2.4 SOUTH KOREA
    • 11.2.4.1 Rising adoption of digital technologies and green initiatives to foster market growth
  • 11.2.5 AUSTRALIA
    • 11.2.5.1 Investments in renewable energy projects to contribute to market growth
  • 11.2.6 REST OF ASIA PACIFIC
• 11.3 EUROPE
  • 11.3.1 GERMANY
    • 11.3.1.1 Significant investments in offshore wind and solar photovoltaic projects to augment market growth
  • 11.3.2 UK
    • 11.3.2.1 Commitment to achieve net-zero emissions to fuel demand
  • 11.3.3 ITALY
    • 11.3.3.1 Surging adoption of sustainable energy solutions to drive market
  • 11.3.4 FRANCE
    • 11.3.4.1 Strong industrial foundation to support market growth
  • 11.3.5 REST OF EUROPE
• 11.4 NORTH AMERICA
  • 11.4.1 US
    • 11.4.1.1 Growing focus on reducing carbon emissions to spike demand
  • 11.4.2 CANADA
    • 11.4.2.1 Commitment to sustainable energy practices to elevate demand
  • 11.4.3 MEXICO
    • 11.4.3.1 Growing push toward integrating renewable energy into grids to support market growth
• 11.5 SOUTH AMERICA
  • 11.5.1 BRAZIL
    • 11.5.1.1 Increasing investments in green economy to propel market
  • 11.5.2 ARGENTINA
    • 11.5.2.1 Government initiatives promoting industrial growth to drive market
  • 11.5.3 REST OF SOUTH AMERICA
• 11.6 MIDDLE EAST & AFRICA
  • 11.6.1 GCC
    • 11.6.1.1 Saudi Arabia
      • 11.6.1.1.1 Large-scale renewable energy projects to fuel demand
    • 11.6.1.2 UAE
      • 11.6.1.2.1 Smart city and energy generation projects to boost demand
    • 11.6.1.3 Rest of GCC
  • 11.6.2 SOUTH AFRICA
    • 11.6.2.1 Government investment in power projects to drive demand
  • 11.6.3 IRAQ
    • 11.6.3.1 Growing gas sector and significant investments in infrastructure projects to create opportunities
  • 11.6.4 REST OF MIDDLE EAST & AFRICA

12 COMPETITIVE LANDSCAPE

• 12.1 INTRODUCTION
• 12.2 KEY PLAYER STRATEGIES/RIGHT TO WIN, 2021-2024
• 12.3 REVENUE ANALYSIS, 2019-2023
• 12.4 MARKET SHARE ANALYSIS, 2023
• 12.5 COMPANY VALUATION AND FINANCIAL METRICS, 2024
• 12.6 BRAND/PRODUCT COMPARISON
• 12.7 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023
  • 12.7.1 STARS
  • 12.7.2 EMERGING LEADERS
  • 12.7.3 PERVASIVE PLAYERS
  • 12.7.4 PARTICIPANTS
  • 12.7.5 COMPANY FOOTPRINT: KEY PLAYERS, 2023
    • 12.7.5.1 Company footprint
    • 12.7.5.2 Region footprint
    • 12.7.5.3 Type footprint
    • 12.7.5.4 Power rating footprint
    • 12.7.5.5 End user footprint
• 12.8 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023
  • 12.8.1 PROGRESSIVE COMPANIES
  • 12.8.2 RESPONSIVE COMPANIES
  • 12.8.3 DYNAMIC COMPANIES
  • 12.8.4 STARTING BLOCKS
  • 12.8.5 COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2023
    • 12.8.5.1 List of key startups/SMEs
    • 12.8.5.2 Competitive benchmarking of key startups/SMEs
• 12.9 COMPETITIVE SCENARIO
  • 12.9.1 PRODUCT LAUNCHES
  • 12.9.2 DEALS
  • 12.9.3 EXPANSIONS
  • 12.9.4 OTHER DEVELOPMENTS

13 COMPANY PROFILES

• 13.1 KEY PLAYERS
  • 13.1.1 ABB
    • 13.1.1.1 Business overview
    • 13.1.1.2 Products/Solutions/Services offered
    • 13.1.1.3 Recent developments
      • 13.1.1.3.1 Deals
    • 13.1.1.4 MnM view
      • 13.1.1.4.1 Key strengths/Right to win
      • 13.1.1.4.2 Strategic choices
      • 13.1.1.4.3 Weaknesses/Competitive threats
  • 13.1.2 GE ELECTRIC COMPANY (GE VERNOVA)
    • 13.1.2.1 Business overview
    • 13.1.2.2 Products/Solutions/Services offered
    • 13.1.2.3 Recent developments
      • 13.1.2.3.1 Deals
      • 13.1.2.3.2 Other developments
    • 13.1.2.4 MnM view
      • 13.1.2.4.1 Key strengths/Right to win
      • 13.1.2.4.2 Strategic choices
      • 13.1.2.4.3 Weaknesses/Competitive threats
  • 13.1.3 SIEMENS
    • 13.1.3.1 Business overview
    • 13.1.3.2 Products/Solutions/Services offered
    • 13.1.3.3 Recent developments
      • 13.1.3.3.1 Product launches
      • 13.1.3.3.2 Other developments
    • 13.1.3.4 MnM view
      • 13.1.3.4.1 Key strengths/Right to win
      • 13.1.3.4.2 Strategic choices
      • 13.1.3.4.3 Weaknesses/Competitive threats
  • 13.1.4 WEG
    • 13.1.4.1 Business overview
    • 13.1.4.2 Products/Solutions/Services offered
    • 13.1.4.3 Recent developments
      • 13.1.4.3.1 Deals
      • 13.1.4.3.2 Expansions
    • 13.1.4.4 MnM view
      • 13.1.4.4.1 Key strengths/Right to win
      • 13.1.4.4.2 Strategic choices
      • 13.1.4.4.3 Weaknesses/Competitive threats
  • 13.1.5 NIDEC CORPORATION
    • 13.1.5.1 Business overview
    • 13.1.5.2 Products/Solutions/Services offered
    • 13.1.5.3 Recent developments
      • 13.1.5.3.1 Product launches
    • 13.1.5.4 MnM view
      • 13.1.5.4.1 Key strengths/Right to win
      • 13.1.5.4.2 Strategic choices
      • 13.1.5.4.3 Weaknesses/Competitive threats
  • 13.1.6 SHANGHAI ELECTRIC
    • 13.1.6.1 Business overview
    • 13.1.6.2 Products/Solutions/Services offered
    • 13.1.6.3 MnM view
      • 13.1.6.3.1 Key strengths/Right to win
      • 13.1.6.3.2 Strategic choices
      • 13.1.6.3.3 Weaknesses/Competitive threats
  • 13.1.7 TMEIC
    • 13.1.7.1 Business overview
    • 13.1.7.2 Products/Solutions/Services offered
    • 13.1.7.3 MnM view
      • 13.1.7.3.1 Key strengths/Right to win
      • 13.1.7.3.2 Strategic choices
      • 13.1.7.3.3 Weaknesses/Competitive threats
  • 13.1.8 HD HYUNDAI ELECTRIC CO., LTD.
    • 13.1.8.1 Business overview
    • 13.1.8.2 Products/Solutions/Services offered
    • 13.1.8.3 MnM view
      • 13.1.8.3.1 Key strengths/Right to win
      • 13.1.8.3.2 Strategic choices
      • 13.1.8.3.3 Weaknesses/Competitive threats
  • 13.1.9 HITACHI INDUSTRIAL PRODUCTS, LTD.
    • 13.1.9.1 Business overview
    • 13.1.9.2 Products/Solutions/Services offered
    • 13.1.9.3 MnM view
      • 13.1.9.3.1 Key strengths/Right to win
      • 13.1.9.3.2 Strategic choices
      • 13.1.9.3.3 Weaknesses/Competitive threats
  • 13.1.10 REGAL REXNORD CORPORATION
    • 13.1.10.1 Business overview
    • 13.1.10.2 Products/Solutions/Services offered
    • 13.1.10.3 Recent developments
      • 13.1.10.3.1 Deals
    • 13.1.10.4 MnM view
      • 13.1.10.4.1 Key strengths/Right to win
      • 13.1.10.4.2 Strategic choices
      • 13.1.10.4.3 Weaknesses/Competitive threats
  • 13.1.11 WOLONG ELECTRIC
    • 13.1.11.1 Business overview
    • 13.1.11.2 Products/Solutions/Services offered
    • 13.1.11.3 MnM view
      • 13.1.11.3.1 Key strengths/Right to win
      • 13.1.11.3.2 Strategic choices
      • 13.1.11.3.3 Weaknesses/Competitive threats
  • 13.1.12 ZCL ELECTRIC MOTOR TECHNOLOGY CO., LTD.
    • 13.1.12.1 Business overview
    • 13.1.12.2 Products/Solutions/Services offered
  • 13.1.13 CG POWER & INDUSTRIAL SOLUTIONS LTD.
    • 13.1.13.1 Business overview
    • 13.1.13.2 Products/Solutions/Services offered
  • 13.1.14 LAXMI HYDRAULICS PVT. LTD.
    • 13.1.14.1 Business overview
    • 13.1.14.2 Products/Solutions/Services offered
  • 13.1.15 KIRLOSKAR ELECTRIC COMPANY
    • 13.1.15.1 Business overview
    • 13.1.15.2 Products/Solutions/Services offered
• 13.2 OTHER PLAYERS
  • 13.2.1 JEUMONT ELECTRIC
  • 13.2.2 MENZEL ELEKTROMOTOREN GMBH
  • 13.2.3 XI'AN SIMO MOTOR CO., LTD.
  • 13.2.4 TECO-WESTINGHOUSE
  • 13.2.5 VEM GMBH
  • 13.2.6 HYOSUNG HEAVY INDUSTRIES
  • 13.2.7 AC-MOTOREN GMBH
  • 13.2.8 BROOK CROMPTON
  • 13.2.9 VYBO ELECTRIC
  • 13.2.10 O.M.E. MOTORI ELETTRICI S.R.L.

14 APPENDIX

• 14.1 INSIGHTS FROM INDUSTRY EXPERTS
• 14.2 DISCUSSION GUIDE
• 14.3 KNOWLEDGESTORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
• 14.4 CUSTOMIZATION OPTIONS
• 14.5 RELATED REPORTS
• 14.6 AUTHOR DETAILS