The electric motor sales market is projected to grow at a CAGR of 6.26% from 2016 to 2021 to reach USD 127.63 Billion by 2021. Increasing demand for power utilities and automobile production along with the rise in commercial and residential infrastructure growth, especially in the developing economies, are the major factors for driving the market.
Electric motors are widely used in all the sectors and the global production of electric motors are drastically increased in recent years due to increase in the utilization of motors for maximum output from the major sectors such as industrial, agriculture, residential, commercial, and transportation. The market is classified by type into AC and DC motors. AC motors are the fastest growing segment in the market. With increasing applications in end-user industries such as, transportation, chemicals, and many others, the AC motors segment is expected to dominate the market till 2021.
To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the timing relay market. These include Siemens (Germany), ABB (Switzerland), General Electric (US), Schneider Electric (France), Eaton (Ireland), and Rockwell Automation (US).
Download PDF Brochure Here: https://www.marketsandmarkets.com/pdfdownload.asp?id=241993160
Scope of the Report:
• By Timer
o On-delay
o Off-delay
o Others
• By Mounting Type
o Panel Mounted
o DIN Rail Mounted
o Others
• By Function
o Single Function
o Multi-Function
• By End-User
o Utilities
o Industries
o Others
• By Region
o Asia Pacific
o North America
o Europe
o Middle East & Africa
o South America
Browse 70 market data Tables and 47 Figures spread through 138 Pages and in-depth TOC on "Timing Relay Market - Global Forecast to 2022"
To speak to our analyst for a discussion on the above findings, click https://www.marketsandmarkets.com/speaktoanalyst.asp?id=241993160
Objectives of the study
• To define, describe, and forecast the global electric motor sales market on the basis of voltage, output power, end-user, type, and region
• To provide detailed information regarding major factors influencing the market growth (drivers, restraints, opportunities, and industry-specific challenges)
• To strategically analyze the market with respect to individual growth trends of manufacturers and service providers, their future expansions, and contribution to the market
• To forecast the growth of the electric motors market with respect to the main regions (Asia-Pacific, Europe, North America, South America, and the Middle East & Africa)
• To strategically profile key market players and comprehensively analyze their market shares and core competencies
• To track and analyze market opportunities for stakeholders and details of competitive developments, such as contracts & agreements, mergers & acquisitions, expansions, and new product/technology launch in the global market
Browse Fill Report Here: https://www.marketsandmarkets.com/Market-Reports/timing-relay-market-241993160.html
The stakeholders included in this report are as follows:
• Consulting Companies in the Energy Sector
• Electric Motor Equipment Manufacturers
• Electric Motor Manufacturing Companies
• Energy Associations
• Environmental Associations
• Government and Research Organizations
• Investment Banks
• Power Companies
Asia Pacific: The fastest growing market for timing relays.
In this report, the timing relay market has been analyzed with respect to five regions, namely, Asia Pacific, North America, Europe, the Middle East & Africa, and South America. The market in Asia Pacific is expected to dominate the global timing relay market due to increasing investments in the power generation sector and increasing T&D network expansions in the region. The Chinese market is expected to dominate the timing relay market in Asia Pacific. The timing relay market is expected to grow at a high rate in countries such as India, China, and South-East Asian countries. Increasing manufacturing activities and power generation capacity additions in these countries are the main factors spurring the growth of the timing relay market.
About MarketsandMarkets
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
[email protected]