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Induction Motor Market worth $15,810.3 Million by 2019

Induction motors are simple and rugged in construction. They are used in most of the industries. The advantages of induction motors include their robustness and ability to operate in any environmental condition. DC motors which were earlier used for industrial applications have now been replaced by induction motors.<br><br>Download Free Sample Report :- http://www.marketsandmarkets.com/pdfdownload.asp?id=259165381

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Induction Motor Market worth $15,810.3 Million by 2019

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  1. MarketsandMarkets Presents Induction Motor Market and is projected to grow at the highest rate $15,810.3 Million by 2019, at a CAGR of 12.4% by Geography is estimated to be the largest market. Publishing Date: July 2015

  2. About our Report • Induction motors are simple and rugged in construction. They are used in most of the industries. The advantages of induction motors include their robustness and ability to operate in any environmental condition. DC motors which were earlier used for industrial applications have now been replaced by induction motors. • The three phase induction motors are estimated to grow at a double-digit CAGR from 2014 to 2019. They are used in lathes, drilling machines, agricultural and industrial pumps, lifts, cranes, and so on. The three phase induction motors are further divided into squirrel cage induction motors and slip ring induction motors in this report. • Factors driving the induction motor market include economical cost and low maintenance of the induction motors. Induction motors are economical and maintenance free due to the absence of brushes, commutators, and slip rings.

  3. Inside of Report Browse: • 40 market data tables. • 39 figures spread through 67 pages. • in-depth TOC on “Next Generation Biometrics Market - Global Forecast to 2020.” • This report analyzes and segments the global induction motor market by type of induction motors, their application, and geography covered. The type segmentation includes single phase and three phase induction motors. • The three phase market, with a major share of nearly 70% in the global market, is estimated to grow at a double-digit CAGR during the forecast period from 2014 to 2019. On the basis of application, the market is segmented into residential, industrial, and commercial.

  4. Table of Content 1 Introduction (Page No. - 9)    1.1 Objectives of the Study     1.2 Market Segmentation & Coverage     1.3 Stakeholders 2 Research Methodology (Page No. - 11)    2.1 Integrated Ecosystem of the Market     2.2 Arriving at the Market Size  . . . . . 10 Appendix (Page No. - 63)     10.1 Customization Options              10.1.1 Product Portfolio Analysis             10.1.2 Country-Level Data Analysis             10.1.3 Product Comparison of Various Competitors             10.1.4 Trade Analysis     10.2 Introducing RT: Real Time Market Intelligence      10.3 Related Reports

  5. Induction Motor Download Free Sample Pages :- http://www.marketsandmarkets.com/pdfdownload.asp?id=259165381 Induction motors are the most common electrical motors used in most applications. Most of the machines in industries use induction motors. They are widely preferred by various industries due to their robustness and ability to operate in any environmental condition.

  6. Induction Motor are used in most of the Industries. An induction motor works on the principle of induction where an electro-magnetic field (EMF) is induced in rotor conductors when the rotating magnetic field of stator cuts the stationary rotor conductors. DC motors which were earlier used for industrial applications have now been replaced by induction motors.

  7. Company Coverage • Nidec Motor Corporation (U.S.), • ABB Ltd. (Switzerland), • Siemens AG (Germany), • WEG Electric Corp. (Brazil), • Emerson Electric Co. (U.S.),

  8. Summary The global induction motor market is expected to reach a value of $15,810.3 Million by 2019, at a CAGR of 12.4% during the forecast period. The application segment, led by the industrial sector in 2014, had a share of more than 50%. It is projected to reach a value of $7,604.9 Million by 2019 at a CAGR of 11.2%. The residential application market is estimated to grow at the highest CAGR of 15.2% from 2014 to 2019. In terms of region, North America is the major market for induction motors. The three phase market, with a major share of nearly 70% in the global market, is estimated to grow at a double-digit CAGR during the forecast period from 2014 to 2019.

  9. Get detail of this Report ? We at MarketsandMarkets, are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository. For More Information :- http://www.marketsandmarkets.com/Market-Reports/induction-motor-market-259165381.html

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