Lucintel Leadership Quadrant of Induction Motor Suppliers – 2019
The induction motor manufacture landscape is diverse and continually evolving. Major players in induction motor market have diversified product portfolios, strong geographical reach, and have made several strategic initiatives. The dynamics of the induction motor market extends beyond routine macro-economic elements of supply and demand. It is the relationship between buyer's needs and seller's capabilities as well as the macroeconomic forces at work that affect the market. It is how well and how efficiently the sellers meet the needs of the buyers that determine long-term success.
Over the years, the levels of demand for induction motor has increased due to economic cost of induction motors also these motors are maintenance free owing to the absence of brushes, commutators, and slip rings. Induction motor is used for a variety of end use industries, such as residential, industrial, and commercial and is forecast to grow at a CAGR of 12%. The major growth drivers for this market are low maintenance of the induction motors and economical cost.
Firms that produce induction motor are approaching market opportunities with starkly different strategies. Lucintel, a leading global management consulting and market research firm, has analyzed the global induction motor suppliers and has come up with a comprehensive research report, “Lucintel Leadership Quadrant and Strategic Positioning of Induction Motor Suppliers”. Using its proprietary research methodology, Lucintel has developed a comparative analysis tool, the ‘Lucintel Leadership Quadrant,’ which identifies leaders, contenders, visionaries, and specialists in the induction motor market and rates each induction motor producer.
This report also offers a full competitive analysis from target markets to product mapping, from selling strategies to production capabilities. In this research study, eight companies such as Nidec Motor, ABB, Siemens, WEG Electric, Emerson Electric, Ametek, Baldor Electric, and Brook Crompton were analyzed and profiled because they are the top revenue producers for induction motor. The eight profiled manufacturers are grouped in the quadrant. The leadership quadrant analyzes the relative strength among these players. The leadership quadrant addresses the need in the market for manufacturer evaluation based on objective data and metrics.
A total of 60 figures / charts and 6 tables are provided in this 140-pages report to help in your business decisions. Sample figures with some insights are shown below. To learn the scope of, benefits, companies researched and other details of this report, download the report brochure.
Collected from a series of primary vendor interviews and secondary sources, Lucintel provides its own scorecard for determining which of these companies is better aligned with future market opportunities and which has the ability to gain additional market share.
Using its proprietary research methodology, Lucintel has developed a comparative analysis tool, the ‘Lucintel Leadership Quadrant,’ which identifies leaders and challengers in the induction motor market and rates each induction motor producer on two primary criteria as shown below:
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