The global Medium Voltage Motors market was valued at US$ 5176.1 million in 2019 and it is expected to reach US$ 5989.1 million by the end of 2026, growing at a CAGR of 2.3% during 2021-2026.
Low voltage is up to 1000 V, medium voltage is from 1000 V to 35 kV, and high voltage is over 35 kV.
As the technology of Medium Voltage Motors is relatively mature and the downstream market are keep growing, thus there are lots of enterprises in the Medium Voltage Motors market. The top international motor manufacturers carry strong capital to expand their scale through mergers and acquisitions. The Medium Voltage Motors market competition will be still intense in the near future. ABB is the leading manufacturer in the global Medium Voltage Motors market with the market share of 15.86%, in terms of revenue, followed by Nidec, General Electric(Wolong), Regal Beloit, SEVA-tec, TECO Electric & Machinery, Toshiba, VEM, and WEG. The top 9 listed companies accounted for 47.27% of the market share in 2019. Segment by Type, the Medium Voltage Motors can be split into AC Motors, DC Motors, etc. In 2019, AC Motors accounted for a major share of 80.83% the global Medium Voltage Motors market. Segment by Application, the Medium Voltage Motors market can be sub-segmented into several major Application, like Process Industries, Discrete Industries, etc. and the Process Industries holds an important share.
Global Medium Voltage Motors Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Medium Voltage Motors Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027.
Key Companies profiled in this report are Abb, Nidec, General Electric(Wolong), Regal Beloit, Seva-Tec, Teco Electric & Machinery, Toshiba, Vem and more in terms of market share by sales, revenue, average pricing, product type, margins, recent developments etc.
Segment by Type
- AC Motors
- DC Motors
Segment by Application
- Process Industries
- Discrete Industries
Table of Content:
1 Medium Voltage Motors Market Overview
2 Medium Voltage Motors Market Competition by Manufacturers
3 Medium Voltage Motors Retrospective Market Scenario by Region
4 Global Medium Voltage Motors Historic Market Analysis by Type
5 Global Medium Voltage Motors Historic Market Analysis by Application
6 Key Companies Profiled
7 Medium Voltage Motors Manufacturing Cost Analysis
8 Marketing Channel, Distributors and Customers
9 Medium Voltage Motors Market Dynamics
10 Global Medium Voltage Motors Market Forecast
11 Research Finding and Conclusion
12 Methodology and Data Source
13 Forecast by Type and by Application (2022-2027)
14 Research Finding and Conclusion
15 Methodology and Data Source
Company Name: The Market Reports
Contact Person: Shirish Gupta
Peter Barzilai is a high school pitcher and college rower turned longtime World News journalist. Peter has also written for Buzz Feed and Huffington Post and many other major publications, Peter Loves everything about sports and loves to write on trending topics and he is DailyFactsNTrends member since 2017.