The global “Synchronous Motors Market” is expected to rise with an impressive CAGR and generate the highest revenue by 2026. Fortune Business Insights™ in its latest report published this information. The report is titled “Synchronous Motors Market Size, Share and Global Trend By Mounting Type (Horizontal, Vertical), By Voltage (Low, Medium), By Application (Compressors, Pumps, Fans, Extruders, Mixers, Conveyor Belts, Others), By End-User (Oil & Gas, Metal & Mining, Paper & Pulp, Chemicals & Petrochemicals, Automotive, Others) and Geography Forecast till 2026”. The report discusses research objectives, research scope, methodology, timeline and challenges during the entire forecast period.
The report evaluates the important characteristics of the market based on present industry scenarios, market demands and business strategies. Also, the research report separates the industry based on the Synchronous Motors Market share, types, applications, growth factor, key players and regions.
Key Industry Development:
In July 2019, Hyundai has launched an electric SUV in the Indian market under the brand name Kona. The vehicle uses a permanent magnet synchronous motor that delivers around 395 Nm of torque. Companies involved in electric vehicle manufacturing are focused on using synchronous motors to deliver high performance and efficiency.
- A comprehensive overview of the Synchronous Motors Market
- Significant factors boosting, restricting, challenging and providing an opportunity to the market
- Key insights and major industry developments
- Significant players functioning in the Synchronous Motors Market
- Major strategies adopted by players such as the launch of new products for better revenue generation, company collaborations, and others
- Other market trends
An Overview of the Impact of COVID-19 on this Market:
The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. There are some industries that are struggling and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic.
We are making continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreaks across industries to help you prepare for the future.
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List of Top Key Manufacturers for Synchronous Motors Market:
- GE Grid Solutions Heinzmann GmbH & Co. KG
- Baumuller Nurnberg GmbH
- Fuji Electric Co., Ltd
- Oriental Motor USA
- Bosch Rexroth Australia
- Automatic IT Services Pvt, Ltd
- NXP Semiconductors
- Infineon Technologies
- Nidec Servo Corporation
- Motion Drivetronics Pvt Ltd
- Toshiba Infrastructure Systems
- Toyo Denki Seizo K.K
“Low Voltage Synchronous Motors to Lead the Market”
Synchronous electric motors can be mounted horizontally and vertically, depending on the requirements from industries. As per voltage, these motors are divided into two types of motors which include medium voltage and low voltage motors. Of these, low voltage motors are primarily used in pharmaceutical machinery, whereas process industries use medium voltage synchronous motors. As per the report, low voltage synchronous machines are expected to hold the majority share in the market on account of their numerous applications.
Synchronous motors are used in pumps, extruders, compressors, conveyor belts, mixers, and other applications. Furthermore, the demand for these motors is likely to increase from chemical and petrochemicals, paper and pulp, automotive, and oil and gas among others.
Some of the Key Questions Answered in this Report:
- Detailed Overview of Synchronous Motors Market will help deliver clients and businesses making strategies.
- Influencing factors that are thriving demand and latest trends running in the market.
- Synchronous Motors Market forecast for global market split into segments like region, product, applications, end-user, technology, etc.
- What trends, challenges and barriers will impact the development and sizing of the Global Synchronous Motors Market?
- SWOT Analysis of each defined key player along with its profile and Porter’s five forces analysis to complement the same.
- What is the Synchronous Motors Market growth momentum or market carries during the forecast period?
- Which region may tap the highest market share in the coming era?
- Which application/end-user category or Product Type may seek incremental growth prospects?
- What focused approach and constraints are holding the Synchronous Motors Market demand?
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Regional Analysis for Synchronous Motors Market:
- North America (the USA and Canada)
- Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe)
- Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
- Latin America (Brazil, Mexico and Rest of Latin America)
The Synchronous Motors Market research report offers a complete assessment of the industry. The projections included in the report have been determined utilizing demonstrated research philosophies and presumptions.
We follow a robust research methodology that involves data triangulation based on top-down, bottom-up approaches, and validation of the estimated market numbers through primary research. The information used to estimate the market size and forecast for various segments at the global, regional, and country-level is derived from the most credible published sources and through interviews with the right stakeholders.
The Growth rate or CAGR exhibited by a market for a certain forecast period is calculated on the basis of various factors and their level of impact on the market. These factors include market drivers, restraints, industry challenges, market and technological developments, market trends, etc.
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Major Table of Contents for Synchronous Motors Market Research Report:
- Executive Summary
- Market Dynamics
- Key Synchronous Motors Market Insights
- Global Market Analysis, Insights and Forecast, 2015-2026
- North America Market Analysis, Insights and Forecast, 2015-2026
- Europe Market Analysis, Insights and Forecast, 2015-2026
- Asia Pacific Market Analysis, Insights and Forecast, 2015-2026
- The Middle East and Africa Market Analysis, Insights and Forecast, 2015-2026
- Latin America Market Analysis, Insights and Forecast, 2015-2026
- Competitive Landscape
- Global Synchronous Motors Market Revenue Share Analysis, By Key Players, 2020
- Company Profiles
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