Analysis of the North American Medium Voltage (MV) Motors Market
Key Factors Driving the Market
Growth of end-user industries increases overall market demand.
Demand for premium-efficiency motors enhances market growth.
Key Factors Restraining Market Growth
Low-cost Chinese competitors cause intense price pressure.
Global economic uncertainty is expected to hamper new investments.
About % of products are sold through OEMs, distributors, and system integrators, while a little more than % is sold directly to end users.
Technology is in the mature stage for motors, with relatively little technological innovation taking place.
Motors are commoditized to a fair degree. Competition from local and regional participants and from Asia-Pacific imports make price a key competitive factor.
This research service covers the North American Medium Voltage (MV) motors market; it discusses global opportunities for MV motor companies and analyzes significant end-user industries that drive market growth. It also provides key findings on other factors affecting growth of the motors industry, highlights major drivers and restraints for companies in this market, and examines distribution structure and pricing trends. This report also studies the latest economic trends influencing the industry functions and provides revenue forecast and growth rate discussions. The study concludes with a competitive analysis of top market participants, identifying their strengths and weaknesses for 2015.
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