Global Explosion Proof Motors Market 2018-2022
About Explosion Proof Motors
Explosion proof motors are electric motors that are designed to operate in harsh environments. The construction of modern explosion proof encapsulation prevents vapor, dust, or gas from entering the motor and creating an explosion.
Technavio’s analysts forecast the Global Explosion Proof Motors Market to grow at a CAGR of 3.99% during the period 2018-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the explosion proof motors. To calculate the market size, the report considers the revenue generated from the sales of explosion proof motors.
The market is divided into the following segments based on geography:
Technavio's report, explosion proof motors market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. Key vendors
- General Electric
- Rockwell Automation
- Increasing number of initiatives to develop energy-efficient motors
- Fluctuating prices of raw materials
Key questions answered in this report
- High demand for customized explosion proof motors
- What will the market size be in 2022 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?