Market Research Logo

Global Motors and Drives Market in Discrete Industries 2016-2020

About Motors and Drives

Motors and drives are primarily used for moving and controlling an equipment or system in a commercial and industrial set-up. In discrete industries, motors and drives powering mechanical equipment accounted for more than 60% of the total electrical energy consumed in 2015. In an industrial set-up, the power consumed by the motors accounts for 95% of the total expense. Therefore, manufacturing plants need to invest on more efficient motors and drives to sustain in the long run.

Technavio’s analysts forecast the global motors and drives market in discrete industries to grow at a CAGR of 11.06% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global motors and drives market in discrete industries for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of motors and drives.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Motors and Drives Market in Discrete Industries 2016-2020, 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
  • ABB
  • Danfoss
  • Rockwell Automation
  • Siemens
  • WEG
Market driver
  • Enforcement of motor efficiency legislation
  • For a full, detailed list, view our report
Market challenge
  • Need to comply with regulations
  • For a full, detailed list, view our report
Market trend
  • Development of customized motors
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2020 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?


Press Release

Technavio Announces the Publication of its Research Report – Global Motors and Drives Market in Discrete Industries 2016-2020

Technavio recognizes the following companies as the key players in the global motors and drives market in discrete industries: ABB, Danfoss, Rockwell Automation, Siemens, and WEG.

Other Prominent Vendors in the market are: Allied Motion Technologies, ARC Systems, Asmo, Emerson CT, Franklin Electric, Fuji Electric, GE, Huali, KEB, Nidec, Schneider Electric, SEW Eurodrive, TECO-Westinghouse, Toshiba, and Yaskawa.

Commenting on the report, an analyst from Technavio’s team said: “One trend impelling growth in the market is the development of customized motors. Siemens offers customized motors as per specific industry requirements. Unlike standard motors, customized motors provide special mechanical properties and system solutions to end-users. In addition, customized motors have higher efficiency than standard motors. Thus, many end-users are adopting customized motors, especially in discrete industries.”

According to the report, one driver fostering growth in this market is the rising demand from the HVAC sector. Developing countries, such as China, India, Indonesia, and South Korea, are witnessing a major growth in urbanization and rapid industrial development leading to large-scale investments in the infrastructure projects. Income levels are also increasing rapidly, enabling people to afford costly HVAC equipment.

Further, the report states that one challenge negatively impacting the growth of the market is the volatility in raw material prices. As there are multiple vendors in the market, raw material suppliers are not dependent on a single vendor. This has increased the power of raw material suppliers and led to potential spikes in raw material prices, which will negatively affect low-voltage motor manufacturers. In addition, the main raw materials for motors, such as steel, aluminum, and copper, have volatile prices that hamper their availability and directly impact the operational costs of manufacturers.

Companies Mentioned

ABB, Danfoss, Rockwell Automation, Siemens, WEG, Allied Motion Technologies, ARC Systems, Asmo, Emerson CT, Franklin Electric, Fuji Electric, GE, Huali, KEB, Nidec, Schneider Electric, SEW Eurodrive, TECO-Westinghouse, Toshiba, and Yaskawa.

  • Executive summary
    • Highlights
  • Scope of the report
    • Market overview
    • Top-vendor offerings
      • Table Product offerings
    • Other prominent vendors
      • Table Other prominent vendors
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
  • Market landscape
    • Industry overview
      • Table Historical data of motor drives: ASP versus average annual growth rate 2004-2015
    • Market size and forecast
      • Table Global motors and drives market in discrete industries 2015-2020 ($ billions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by type
    • Segmentation of global motors and drives market in discrete industries
      • Table Segmentation of global motors and drives market in discrete industries 2015-2020
      • Table Global motors and drives market in discrete industries: YoY growth rate 2015-2010
    • Global motors market in discrete industries
      • Table Global motors market in discrete industries 2015-2020 ($ billions)
      • Table Segmentation of global motors market in discrete industries 2015-2020
      • Table Global low voltage motors market in discrete industries 2015-2020 ($ billions)
      • Table Volume of units sold of low voltage motors in discrete industries by efficiency type 2009-2015 (thousands of units)
      • Table Global medium voltage motors market in discrete industries 2015-2020 ($ billions)
    • Global drives market in discrete industries
      • Table Global drives market in discrete industries 2015-2020 ($ billions)
      • Table Segmentation of global drives market by type
      • Table Segmentation of global drives market in discrete industries 2015-2020
  • Market segmentation by applications
    • Segmentation of global motors market in discrete industries by applications
      • Table Segmentation of global motors market in discrete industries by applications 2015-2020
      • Table Global motors market in discrete industries by end-user segmentation 2015
    • Segmentation of global drives market in discrete industries by applications
      • Table Segmentation of global drives market in discrete industries by applications 2015-2020
  • Geographical segmentation
    • Geographical segmentation of global motors and drives market in discrete industries
      • Table Geographical segmentation of global motors market in discrete industries 2015-2020
      • Table Geographical segmentation of global drives market in discrete industries 2015-2020
    • Motors and drives market in discrete industries in APAC
      • Table Motors market in discrete industries in APAC 2015-2020 ($ billions)
      • Table Drives market in discrete industries in APAC 2015-2020 ($ billions)
    • Global motors and drives in discrete industries in Americas
      • Table Motors market in discrete industries in Americas 2015-2020 ($ billions)
      • Table Drives market in discrete industries in Americas 2015-2020 ($ billions)
    • Global motors and drives market in discrete industries in EMEA
      • Table Motors market in discrete industries in EMEA 2015-2020 ($ billions)
      • Table Drives market in discrete industries in EMEA 2015-2020 ($ billions)
  • Market drivers
    • Table GDP per capita of certain developing countries in APAC 2010-2013
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
    • Table Aluminum prices 2013-2015 ($/ton)
    • Table Minimum energy efficiency levels for polyphase low voltage motors 2015
    • Table Minimum energy efficiency levels for capacitor-start/induction-run and capacitorstart/ capacitor-run small motors
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • Table List of major acquisitions in motors and drives market
  • Vendor landscape
    • Competitive landscape
      • Table Mergers and acquisitions
    • Competition analysis
      • ABB
        • Table Drives
        • Table Motors
    • Danfoss
      • Table Product portfolio
    • Rockwell Automation
    • Siemens
      • Table Product offerings
    • WEG
      • Table Product portfolio
  • Appendix
    • List of abbreviations
  • Explore Technavio

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report