The global Asynchronous Motor market was valued at 9010.66 Million USD in 2021 and will grow with a CAGR of 7.94% from 2021 to 2027, based on HNY Research newly published report.

The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

Asynchronous motor, also called induction motor, is an AC electric motor in which the electric current in the rotor needed to produce torque is obtained by electromagnetic induction from the magnetic field of the stator winding. Asynchronous motor therefore does not require mechanical commutation, separate-excitation or self-excitation for all or part of the energy transferred from stator to rotor. Asynchronous motor`s rotor can be either wound type or squirrel-cage type. Three-phase squirrel-cage asynchronous motors are widely used in industrial drives because they are rugged, reliable and economical. Single-phase asynchronous motors are used extensively for smaller loads, such as household appliances like fans. Europe, USA and China are the main production base of asynchronous motor, key manufacturers: ABB, Emerson, GE, TECO, Regal-Beloit, Nidec, Siemens, Tatung, Hitachi, WEG, Bosch Rexroth, SEW-Eurodrive, Cummins, YASKAWA , Toshiba, VEM, NORD, Landert, ABM Greiffenberger, SPG, Brook Crompton, Sterling Electric, Wolong, XEMC, JLEM, Huali Group, Jiangte , WNM, Ydmotor, Dazhong are mostly located here. The production of asynchronous motor was 31991.5 K units in 2014, of which 83.41% is produced in Europe, USA, and China.

By Market Verdors:

Company A

Company B

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By Types:

Single-phase asynchronous motor

Three-phase asynchronous motor

By Applications:

Chemical industry

Logistics industry

Engineering and manufacturing industry

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

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