Industrial Motors are used in various industries to reduce operational cost and increase productivity. These industrial motors are used in machines such as conveyor belts, fans, compressors, and pumps. A Motor consists of two parts: a rotor and a stator. The rotor is the mobile part that produces the mechanical energy and the stator is the stationary part that supplies the magnetic field to rotate the rotor. Regardless of their application, industrial motors must have a reliable, efficient power source and be able to handle the harsh environments in which they operate. This means that motors must be backed by excellent parts and routine maintenance.
Market Dynamics:
The growth of the Industrial Motors market is driven by the rising demand for automation in manufacturing industries. The adoption of industrial automation systems has increased significantly, as it enables companies to achieve higher levels of efficiency and productivity.
However, high cost and portability issues of industrial motors is expected to hamper growth of the global industrial motors market during the forecast period.
Key features of the study:
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