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Motor Management Market by Product & Service (Hardware and Software & Solution Services), Type (Synchronous Motor and Asynchronous Motor), Control, Voltage Range, Application, Industry, and Geography - Global Forecast to 2023

Motor Management Market by Product & Service (Hardware and Software & Solution Services), Type (Synchronous Motor and Asynchronous Motor), Control, Voltage Range, Application, Industry, and Geography - Global Forecast to 2023

“Motor Management Market expected to exhibit significant growth potential between 2017 and 2023.”
The Motor Management Market is expected to reach USD 4.03 billion by 2023, at a CAGR of 5.35% between 2017 and 2023. The major factors propelling the market growth are the rising demand for smart, multifunctional, integrated motor control and protection devices, as well as the need for reducing unplanned industrial downtime.

“Motor management software & solution services market likely to grow at the highest rate between 2017 and 2023”
Based on product and service, the Motor Management market for software & solution services is expected to grow at the highest CAGR between 2017 and 2023. Motor management software & solution services include sensing and fault detection; overload protection; voltage and current regulator; and start, stop, and control of an electric motor. The major drivers of the market for the motor management in software & solution services include the increasing industrial automation and the growing demand for electric motors from various industries, increasing number of manufacturing processes, hassle-free installation, and enhanced overall effectiveness of the equipment.

“Motor management for asynchronous motors held the larger market size in 2016”
Motor management for asynchronous motors held a larger market size than asynchronous motors in 2016. The asynchronous nature of the motor derives from the difference between the rotational speed of the armature field and rotor. The speed of an asynchronous motor reduces with the increase in the load, which is affected by the applied change in the voltage. Asynchronous motors are widely used in centrifugal fans, blowers, pumps, compressors, conveyors, and various other applications due to their high speed. Motor management devices such as circuit breakers, soft relays, and switches are used to control the power factors and voltage loads. This drives the market for motor management for asynchronous motors.

“Motor Management Market in North America likely to grow at the highest rate between 2017 and 2023”
The industrial infrastructure installed in North American industries is a couple of decades old, and companies in the region are currently focusing on upgrading the aging infrastructure. The replacement of existing control systems with a modern version of motor management would increase the plant efficiency and reduce the plant downtime for maintenance. Moreover, North America aims to reduce its emissions by 30% from 2005 to 2030 as part of a clean power plan proposed by the Environmental Protection Agency (EPA). The steady growth in industries such as food & beverages, construction, power generation, and also some mining projects in the region are key drivers for the Motor Management Market.

Breakdown of the profiles of the primary participants in the report are as follows:
• By Company Type: Tier 1 – 65%, Tier 2 – 14%, and Tier 3 – 21%
• By Designation: C-Level Executives – 31%, Directors – 44%, and Others – 25%
• By Region: North America – 45%, Europe – 31%, APAC – 20%, and RoW – 4%
Key players in the market include General Electric (US), Texas Instruments (US), Siemens AG (Germany), Schneider Electric SE (France), ABB Ltd. (Switzerland), Analog Devices, Inc., (US), Eaton Corporation Plc (Ireland), Mitsubishi Electric Corporation (Japan), Rockwell Automation (US), and Hitachi, Ltd (Japan).

Research Coverage:
The research report on the global Motor Management Market covers segments such as type, product & service, voltage range, control, application, industry, and region. The market has been segmented on the basis of types into synchronous motor and asynchronous motor. Based on product & services, the motor management market has been classified into hardware and software & solution services. The report covers three voltage ranges of motor management and control device—low, medium, and high voltage. The Motor Management Market has been segmented on the basis of controls into automatic, semi-automatic, and manual. Based on applications, the Motor Management Market has been segmented into pumps, compressors, material handling, and others. The end-user industries of motor management include oil & gas, metals & mining, power generation, chemicals, cement, food & beverages, agriculture, water supply and wastewater treatment. The report covers four major geographic regions, namely North America, Europe, Asia Pacific, and Rest of the World (RoW).

Key Benefits of Buying the Report:
Illustrative segmentation, analysis, and forecast for the market—by type, product & service, voltage range, control, application, industry, and region—has been conducted to provide an overview of the Motor Management Market.
Value chain analysis has been provided in the report to depict the hardware manufacturers, software providers, and system integrators involved in the Motor Management Market.
The major drivers, opportunities, and challenges for the Motor Management Market have been detailed in this report.
The detailed competitive landscape includes key players, in-depth analysis, and competitive leadership mapping of the key players by determining their product offerings and business strategies.


  • INTRODUCTION
    • OBJECTIVES OF THE STUDY
    • DEFINITION
    • STUDY SCOPE
      • MARKETS COVERED
      • YEARS CONSIDERED FOR THE STUDY
    • CURRENCY
    • LIMITATIONS
    • STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • RESEARCH DATA
      • SECONDARY DATA
      • PRIMARY DATA
    • MARKET SIZE ESTIMATION
      • BOTTOM-UP APPROACH
      • TOP-DOWN APPROACH
    • MARKET BREAKDOWN AND DATA TRIANGULATION
    • RESEARCH ASSUMPTIONS
  • EXECUTIVE SUMMARY
  • PREMIUM INSIGHTS
    • MOTOR MANAGEMENT AND CONTROL DEVICE MARKET, 2017–2023 (USD MILLION)
    • MOTOR MANAGEMENT AND CONTROL DEVICE MARKET, BY TYPE (2017–2023)
    • MOTOR MANAGEMENT AND CONTROL DEVICE MARKET, BY MOTOR VOLTAGE (2017)
    • MOTOR MANAGEMENT AND CONTROL DEVICE MARKET, BY MOTOR CONTROL (2017)
    • MOTOR MANAGEMENT AND CONTROL DEVICE MARKET, BY APPLICATION (2017)
    • MOTOR MANAGEMENT AND CONTROL DEVICE MARKET, BY INDUSTRY AND REGION (2017)
    • MOTOR MANAGEMENT AND CONTROL DEVICE MARKET, BY GEOGRAPHY (2017)
  • MARKET OVERVIEW
    • INTRODUCTION
      • DRIVERS
      • OPPORTUNITIES
      • CHALLENGES
  • INDUSTRY TRENDS
    • INTRODUCTION
      • RAW MATERIAL SUPPLIERS
      • ORIGINAL EQUIPMENT MANUFACTURERS & ASSEMBLERS
      • INDUSTRIES
    • STANDARDS
      • NEMA STANDARD CLASSIFICATION FOR MOTOR MANAGEMENT AND CONTROL DEVICES
      • INTERNATIONAL ELECTROTECHNICAL COMMISSION (IEC) FOR MOTOR MANAGEMENT AND CONTROL DEVICES
      • OTHERS
  • MARKET, BY PRODUCT & SERVICE
    • INTRODUCTION
      • Table MMCD MARKET, BY PRODUCT & SERVICE, 2014–2023 (USD MILLION)
    • HARDWARE
    • SOFTWARE & SOLUTION SERVICES
      • Table MMCD MARKET FOR HARDWARE, BY COMPONENT, 2014–2023 (USD MILLION)
      • Table MMCD MARKET FOR SOFTWARE & SOLUTION SERVICES, BY TYPE, 2014–2023 (USD MILLION)
  • MARKET, BY TYPE
    • INTRODUCTION
    • ASYNCHRONOUS MOTORS
    • SYNCHRONOUS MOTORS
      • Table MMCD MARKET, BY MOTOR TYPE, 2014–2023 (USD MILLION)
  • MARKET, BY CONTROL
    • INTRODUCTION
    • AUTOMATIC CONTROLS
    • SEMI-AUTOMATIC CONTROLS
    • MANUAL CONTROLS
      • Table MMCD MARKET, BY MOTOR CONTROL TYPE, 2014–2023 (USD MILLION)
  • MARKET, BY VOLTAGE RANGE
    • INTRODUCTION
    • LOW VOLTAGE (60 TO 240 VOLT AC)
    • MEDIUM VOLTAGE (250 TO 395 VOLT AC)
    • HIGH VOLTAGE (396 TO 485 VOLT AC)
      • Table MMCD MARKET, BY VOLTAGE RANGE, 2014–2023 (USD MILLION)
  • MARKET, BY APPLICATION
    • INTRODUCTION
      • Table MMCD MARKET, BY APPLICATION, 2014–2023 (USD MILLION)
    • PUMPS
      • Table MMCD MARKET FOR PUMPS, BY REGION, 2014–2023 (USD MILLION)
      • Table MMCD MARKET FOR PUMPS FOR OIL & GAS, BY REGION, 2014–2023 (USD MILLION)
      • Table MMCD MARKET FOR PUMPS FOR METALS & MINING, BY REGION, 2014–2023 (USD MILLION)
      • Table MMCD MARKET FOR PUMPS FOR POWER GENERATION, BY REGION, 2014–2023 (USD MILLION)
      • Table MMCD MARKET FOR PUMPS FOR CHEMICALS, BY REGION, 2014–2023 (USD MILLION)
      • Table MMCD MARKET FOR PUMPS FOR CEMENT, BY REGION, 2014–2023 (USD MILLION)
      • Table MMCD MARKET FOR PUMPS FOR FOOD & BEVERAGES, BY REGION, 2014–2023 (USD MILLION)
      • Table MMCD MARKET FOR PUMPS FOR AGRICULTURE, BY REGION, 2014–2023 (USD MILLION)
      • Table MMCD MARKET FOR PUMPS FOR WATER SUPPLY AND WASTEWATER TREATMENT, BY REGION, 2014–2023 (USD MILLION)
      • Table MMCD MARKET FOR PUMPS FOR OTHER INDUSTRIES, BY REGION, 2014–2023 (USD MILLION)
    • COMPRESSORS
      • Table MMCD MARKET FOR COMPRESSORS, BY REGION, 2014–2023 (USD MILLION)
      • Table MMCD MARKET FOR COMPRESSORS FOR OIL & GAS, BY REGION, 2014–2023 (USD MILLION)
      • Table MMCD MARKET FOR COMPRESSORS FOR METALS & MINING, BY REGION, 2014–2023 (USD MILLION)
      • Table MMCD MARKET FOR COMPRESSORS FOR POWER GENERATION, BY REGION, 2014–2023 (USD MILLION)
      • Table MMCD MARKET FOR COMPRESSORS FOR CHEMICALS, BY REGION, 2014–2023 (USD MILLION)
      • Table MMCD MARKET FOR COMPRESSORS FOR CEMENT, BY REGION, 2014–2023 (USD MILLION)
      • Table MMCD MARKET FOR COMPRESSORS FOR FOOD & BEVERAGES, BY REGION, 2014–2023 (USD MILLION)
      • Table MMCD MARKET FOR COMPRESSORS FOR AGRICULTURE, BY REGION, 2014–2023 (USD MILLION)
      • Table MMCD MARKET FOR COMPRESSOR FOR WATER SUPPLY AND WASTEWATER TREATMENT, BY REGION, 2014–2023 (USD MILLION)
      • Table MMCD MARKET FOR COMPRESSORS FOR OTHER INDUSTRIES, BY REGION, 2014–2023 (USD MILLION)
    • MATERIAL HANDLING
      • Table MMCD MARKET FOR MATERIAL HANDLING, BY REGION, 2014–2023 (USD MILLION)
      • Table MMCD MARKET FOR MATERIAL HANDLING FOR OIL & GAS, BY REGION, 2014–2023 (USD MILLION)
      • Table MMCD MARKET FOR MATERIAL HANDLING FOR METALS & MINING, BY REGION, 2014–2023 (USD MILLION)
      • Table MMCD MARKET FOR MATERIAL HANDLING FOR POWER GENERATION, BY REGION, 2014–2023 (USD MILLION)
      • Table MMCD MARKET FOR MATERIAL HANDLING FOR CHEMICALS, BY REGION, 2014–2023 (USD MILLION)
      • Table MMCD MARKET FOR MATERIAL HANDLING FOR CEMENT, BY REGION, 2014–2023 (USD MILLION)
      • Table MMCD MARKET FOR MATERIAL HANDLING FOR FOOD & BEVERAGES, BY REGION, 2014–2023 (USD MILLION)
      • Table MMCD MARKET FOR MATERIAL HANDLING FOR AGRICULTURE, BY REGION, 2014–2023 (USD MILLION)
      • Table MMCD MARKET FOR MATERIAL HANDLING FOR WATER SUPPLY AND WASTEWATER TREATMENT, BY REGION, 2014–2023 (USD MILLION)
      • Table MMCD MARKET FOR MATERIAL HANDLING FOR OTHER INDUSTRIES, BY REGION, 2014–2023 (USD MILLION)
    • OTHER APPLICATIONS
      • Table MMCD MARKET FOR OTHERS, BY REGION, 2014–2023 (USD MILLION)
      • Table MMCD MARKET FOR OTHERS FOR OIL & GAS, BY REGION, 2014–2023 (USD MILLION)
      • Table MMCD MARKET FOR OTHERS FOR METALS & MINING, BY REGION, 2014–2023 (USD MILLION)
      • Table MMCD MARKET FOR OTHERS FOR POWER GENERATION, BY REGION, 2014–2023 (USD MILLION)
      • Table MMCD MARKET FOR OTHERS FOR CHEMICALS, BY REGION, 2014–2023 (USD MILLION)
      • Table MMCD MARKET FOR OTHERS FOR CEMENT, BY REGION, 2014–2023 (USD MILLION)
      • Table MMCD MARKET FOR OTHERS FOR FOOD & BEVERAGES, BY REGION, 2014–2023 (USD MILLION)
      • Table MMCD MARKET FOR OTHERS FOR AGRICULTURE, BY REGION, 2014–2023 (USD MILLION)
      • Table MMCD MARKET FOR OTHERS FOR WATER SUPPLY AND WASTEWATER TREATMENT, BY REGION, 2014–2023 (USD MILLION)
      • Table MMCD MARKET FOR OTHER APPLICATIONS FOR OTHER INDUSTRIES, BY REGION, 2014–2023 (USD MILLION)
  • MARKET, BY INDUSTRY
    • INTRODUCTION
      • Table MMCD MARKET, BY INDUSTRY, 2014–2023 (USD MILLION)
    • METALS & MINING INDUSTRY
      • Table MMCD MARKET FOR METALS & MINING INDUSTRY, BY APPLICATION, 2014–2023 (USD MILLION)
      • Table MMCD MARKET FOR METALS & MINING INDUSTRY, BY REGION, 2014–2023 (USD MILLION)
    • OIL & GAS INDUSTRY
      • Table MMCD MARKET FOR THE OIL & GAS INDUSTRY, BY APPLICATION, 2014–2023 (USD MILLION)
      • Table MMCD MARKET FOR OIL & GAS INDUSTRY, BY REGION, 2014–2023 (USD MILLION)
    • POWER GENERATION INDUSTRY
      • Table MMCD MARKET FOR POWER GENERATION INDUSTRY, BY APPLICATION, 2014–2023 (USD MILLION)
      • Table MMCD MARKET FOR POWER GENERATION INDUSTRY, BY REGION, 2014–2023 (USD MILLION)
    • WATER SUPPLY AND WASTEWATER TREATMENT INDUSTRY
      • Table MMCD MARKET FOR WATER SUPPLY AND WASTEWATER TREATMENT INDUSTRY, BY APPLICATION, 2014–2023 (USD MILLION)
      • Table MMCD MARKET FOR WATER SUPPLY AND WASTEWATER TREATMENT INDUSTRY, BY REGION, 2014–2023 (USD MILLION)
    • FOOD & BEVERAGES INDUSTRY
      • Table MMCD MARKET FOR FOOD & BEVERAGES INDUSTRY, BY APPLICATION, 2014–2023 (USD MILLION)
      • Table MMCD MARKET FOR FOOD & BEVERAGES INDUSTRY, BY REGION, 2014–2023 (USD MILLION)
    • AGRICULTURE
      • Table MMCD MARKET FOR AGRICULTURE INDUSTRY, BY APPLICATION, 2014–2023 (USD MILLION)
      • Table MMCD MARKET FOR AGRICULTURE INDUSTRY, BY REGION, 2014–2023 (USD MILLION)
    • CHEMICALS INDUSTRY
      • Table MMCD MARKET FOR CHEMICALS INDUSTRY, BY APPLICATION, 2014–2023 (USD MILLION)
      • Table MMCD MARKET FOR CHEMICALS INDUSTRY, BY REGION, 2014–2023 (USD MILLION)
    • CEMENT INDUSTRY
      • Table MMCD MARKET FOR CEMENT INDUSTRY, BY APPLICATION, 2014–2023 (USD MILLION)
      • Table MMCD MARKET FOR CEMENT INDUSTRY, BY REGION, 2014–2023 (USD MILLION)
    • OTHER INDUSTRIES
      • Table MMCD MARKET FOR OTHER INDUSTRIES, BY APPLICATION, 2014–2023 (USD MILLION)
      • Table MMCD MARKET FOR OTHER INDUSTRIES, BY REGION, 2014–2023 (USD MILLION)
  • GEOGRAPHIC ANALYSIS
    • INTRODUCTION
      • Table MMCD MARKET, BY REGION, 2014–2023 (USD MILLION)
    • NORTH AMERICA
      • US
      • CANADA
      • MEXICO
        • Table MMCD MARKET IN NORTH AMERICA, BY COUNTRY, 2014–2023 (USD MILLION)
    • EUROPE
      • GERMANY
      • UK
      • FRANCE
      • REST OF EUROPE
        • Table MMCD MARKET IN EUROPE, BY COUNTRY, 2014–2023 (USD MILLION)
    • ASIA PACIFIC
      • CHINA
      • JAPAN
      • INDIA
      • REST OF ASIA PACIFIC
        • Table MMCD MARKET IN ASIA PACIFIC, BY COUNTRY, 2014–2023 (USD MILLION)
    • REST OF WORLD
      • MIDDLE EAST AND AFRICA
      • SOUTH AMERICA
        • Table MMCD MARKET IN ROW, BY REGION, 2014–2023 (USD MILLION)
  • COMPETITIVE LANDSCAPE
    • OVERVIEW
    • MARKET RANKING ANALYSIS OF MOTOR MANAGEMENT AND CONTROL DEVICE MARKET
      • Table RANKING OF KEY PLAYERS IN THE MMCD MARKET, 2016
    • MOTOR MANAGEMENT AND CONTROL DEVICE MARKET, COMPETITIVE LEADERSHIP MAPPING, 2017
      • INTRODUCTION
      • VISIONARY LEADERS
      • DYNAMIC DIFFERENTIATORS
      • INNOVATORS
      • EMERGING COMPANIES
      • MOTOR MANAGEMENT AND CONTROL DEVICE MARKET
    • STRENGTH OF PRODUCT PORTFOLIO
    • BUSINESS STRATEGY EXCELLENCE
    • COMPETITIVE SITUATION AND TRENDS
  • COMPANY PROFILES
    • INTRODUCTION
    • ABB LTD
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • PRODUCT OFFERING SCORECARD
      • BUSINESS STRATEGY SCORECARD
      • RECENT DEVELOPMENTS
      • KEY RELATIONSHIPS
    • ANALOG DEVICES, INC.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • PRODUCT OFFERING SCORECARD
      • ANALOG DEVICES, INC. BUSINESS STRATEGY SCORECARD
      • KEY RELATIONSHIPS
    • EATON CORPORATION
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • PRODUCT OFFERING SCORECARD
      • BUSINESS STRATEGY SCORECARD
    • GENERAL ELECTRIC (GE)
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • PRODUCT OFFERING SCORECARD
      • BUSINESS STRATEGY SCORECARD
      • RECENT DEVELOPMENTS
      • KEY RELATIONSHIPS
    • HITACHI LTD.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • PRODUCT OFFERING SCORECARD
      • HITACHI LTD.: BUSINESS STRATEGY SCORECARD
      • KEY RELATIONSHIPS
    • MITSUBISHI ELECTRIC CORPORATION
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • PRODUCT OFFERING SCORECARD
      • BUSINESS STRATEGY SCORECARD
      • RECENT DEVELOPMENTS
      • KEY RELATIONSHIPS
    • ROCKWELL AUTOMATION
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • PRODUCT OFFERING SCORECARD
      • BUSINESS STRATEGY SCORECARD
      • RECENT DEVELOPMENTS
    • SCHNEIDER ELECTRIC SE
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • PRODUCT OFFERING SCORECARD
      • BUSINESS STRATEGY SCORECARD
      • RECENT DEVELOPMENTS
      • KEY RELATIONSHIPS
    • SIEMENS AG
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • PRODUCT OFFERING SCORECARD
      • BUSINESS STRATEGY SCORECARD
      • RECENT DEVELOPMENTS
      • KEY RELATIONSHIPS
    • TEXAS INSTRUMENTS INC.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • PRODUCT OFFERING SCORECARD
      • BUSINESS STRATEGY SCORECARD
      • RECENT DEVELOPMENTS
      • KEY RELATIONSHIPS
    • KEY INNOVATORS
      • AMETEK, INC.
      • FUJI ELECTRIC CO., LTD.
      • LARSEN & TOUBRO
      • NANOTEC ELECTRONIC GMBH & CO. KG
      • WEG SA
  • APPENDIX
    • INSIGHTS OF INDUSTRY EXPERTS
    • DISCUSSION GUIDE
    • KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
    • INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE
    • AVAILABLE CUSTOMIZATIONS
    • RELATED REPORTS
    • AUTHOR DETAILS

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