Lucintel's latest market report analyzed that energy efficient low horsepower AC motors provides attractive opportunities in consumer, industrial, refrigeration, and medical industries. The energy efficient low horsepower AC motors market is expected to grow with a CAGR of 11%. In this market, industrial is the largest segment by end use industry, whereas three phase is largest by current type.
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Based on end use industry, the energy efficient low horsepower AC motors market
is segmented into consumer, industrial, refrigeration, and medical. The industrial
segment accounted for the largest share of the market in 2020 and is expected
to register the highest CAGR during the forecast period, due to the increasing
industrial production in the emerging economies.
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“Energy Efficient Low Horsepower AC Motors Market”
XX – Tables
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The Energy Efficient Low
Horsepower AC Motors Market is marked by the presence of several big and small
players. Some of the prominent players offering energy efficient low horsepower
AC motors include ABB, Bosch Rexroth, Crompton Greaves, Emerson Electric,
General Electric, Honeywell International, Johnson Electric, Kirloskar Electric
Company, Leeson Electric Corporation, Magnetek, Inc.
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Brandon Fitzgerald
Lucintel
Dallas,
Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
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