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Global Motors and Drives Market in Process Industries 2016-2020

Global Motors and Drives Market in Process Industries 2016-2020

About Motors and Drives in Process Industries

Globalization has encouraged the use of advanced automation techniques and energy-saving equipment worldwide, leading to increased adoption of low-power AC drives and motors. These drives and motors are used across the discrete, process, and infrastructure industries such as chemical, oil and gas, building automation, food and beverage, textile, utility, metal, and water and wastewater.

Technavio’s analysts forecast the global motors and drives market in process industries to grow at a CAGR of 7% 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 process industries 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of motors and drives majorly for compressors, elevators and lifts, fans, pumps, and conveyors.The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Motors and Drives Market in Process 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
Other prominent vendors
  • ARC Systems
  • Asmo
  • Emerson CT
  • Franklin Electric
  • Fuji Electric
  • GE
  • Huali
  • KEB
  • Nidec
  • Schneider Electric
  • SEW Eurodrive
  • TECO-Westinghouse
  • Toshiba
  • Yaskawa
Market driver
  • Advanced refrigerated food processing
  • For a full, detailed list, view our report
Market challenge
  • Dominance of unorganized sector
  • For a full, detailed list, view our report
Market trend
  • Rising IEC motors demand
  • 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 Process Industries 2016-2020

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

Other Prominent Vendors in the market are: Allied Motion, 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: “The rising demand for IEC motors will be a key trend propelling growth in this market. in the past three years, the IEC motor market has been thriving in North America, primarily in the US and the Canadian end-user markets, as evident particularly for offshore oil and gas in midstream and upstream pumping applications. These market dynamics have created a growing need for replacement IEC machinery, spurring the growth of a market of over 120 million per year.”

According to the report, one driver leading to the growth of this market is the growing water management and wastewater treatment industry. Several European countries already have technologically advanced industrial water treatment infrastructure and are working to develop municipal water treatment infrastructure. Germany and the UK will likely invest in their water treatment infrastructure by 2019. The quality of such infrastructure is low in India and China, where a large section of the population lack access to potable water. This is enhancing the potential for investments in the water and wastewater treatment plants in the region.

Further, the report states that one challenge hampering the prospects for growth in this market is the lack of awareness about electric drives. Several end-users are price-sensitive, which has forced global vendors to create awareness about the use of standard electric drives to safeguard their motors. For instance, the initial investment and installation cost of drives may sometimes exceed the cost of motors. Therefore, many end-users, especially cost-driven companies and small and medium-sized machinery operators, prefer low-cost controllers and gears.

Companies Mentioned

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

  • Executive summary
    • Highlights
  • Scope of the report
    • 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 process industries 2015-2020 ($ billions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by type
    • Segmentation of global motors and drives market in process industries by types
      • Table Segmentation of global motors and drives market in process industries by types 2015
      • Table Segmentation of global motors and drives market in process industries: YoY growth rate 2015-2010
    • Global motors market in process industries
      • Table Global motors market in process industries 2015-2020 ($ billions)
      • Table Segmentation of global motors and drives market in process industries by applications 2015
      • Table Segmentation of global motors market in process industries 2015-2020
    • Global drives market in process industries
      • Table Global drives market in process industries 2015-2020 ($ billions)
      • Table Segmentation of global drives market by type
      • Table Segmentation of global drives market in process industries 2015 and 2020
  • Market segmentation by end-user
    • Table Segmentation of global motors market in process industries by end-users 2015-2020
    • Table Global drives market in process industries by end-users year-on-year growth rate 2015-2020
    • Global motors and drives market in oil and gas industry
      • Table Global motors and drives market in oil and gas industry 2015-2020 ($ billions)
    • Global motors and drives market in mining industry
      • Table Global motors and drives market in mining industry 2015-2020 ($ billions)
      • Table ASP of metals 2011-2014
    • Global motors and drives market in power industry
      • Table Global motors and drives market in power industry 2015-2020 ($ billions)
    • Global motors and drives market in food and beverage industry
      • Table Global motors and drives market in food and beverage industry 2015-2020 ($billions)
    • Global motors and drives market in other segments
      • Table Global motors and drives market in others 2015-2020 ($ billions)
  • Geographical segmentation
    • Geographical segmentation of motors and drives market in process industries
      • Table Geographical segmentation of motors market in process industries 2015
      • Table Geographical segmentation of global drives market in process industries 2015
    • Motors and drives market in process industries in APAC
      • Table Motors and drives market in process industries in APAC 2015-2020 ($ billions)
    • Motors and drives market in process industry in EMEA
      • Table Motors and drives market in process industries in EMEA 2015-2020 ($ billions)
    • Motors and drives market in process industries in Americas
      • Table Motors and drives market in America in process industries 2015-2020 ($ billions)
  • Market drivers
    • Table Transformation of motors and drives: Legislative timeline
    • Table List of major acquisition in motors and drives market
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
    • 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
  • Vendor landscape
    • Competitive scenario
    • ABB
      • Table Drives
      • Table Motors
    • Danfoss
      • Table Product portfolio
    • Rockwell Automation
    • Siemens
      • Table Product offerings
    • WEG
      • Table Product offerings
    • Competition financial results
  • Appendix
    • List of abbreviations
  • Explore Technavio

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