Synchronous Motors Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Request Brochure Request Discount

Report Code: ZMR-2359 | Report Format : | Status : Upcoming |

Abstract

Synchronous Motors Market: Overview

The rising demands for electricity, together with an exponential flow in the cost of electricity collectively fuel the global synchronous motor market. Synchronous motors offer a huge number of benefits, for example, power aspect correction to decrease energy usage and high effectiveness, which facilitates its acceptance in the manufacturing division. Synchronous motors are extensively utilized in industries and they can also be used as generators or motors, depending on industry choice. A synchronous motor generally runs at a synchronous speed, i.e., at a stable speed with an offered frequency, while contributing greater constancy. Owing to high performance, low power loss, minimal maintenance needs as well as flexibility in adapting to varied machinery layouts, synchronous motors are gradually gaining popularity amongst consumers.

Synchronous motors are usually confused with self-starting motors. External DC supply is needed to stimulate the motor which is close to the synchronous speed. Even though synchronous motors are more intricate, large synchronous motors are more proficient compared to induction motors and are competent of sustaining a stable operation speed even in excess conditions as well as voltage discrepancy. A synchronous motor can function under principal or lagging power aspects. They are competent of power aspect correction and function at high efficiencies, thus decreasing the cost of energy usage by delivering reactive power to the network

Synchronous Motors Market: Growth Factors

Important factors fueling the market growth are raising demand and need for energy proficient less power-consuming motors, increasing demand of PMSMs in industrial and agricultural division, and growing alertness towards the usage of green vehicles. In addition, growing prominence on the protection and usage of standard motors is expected to create prospects for the global synchronous motors market development in the future.

Synchronous Motors Market: Segmentation

The global synchronous motors market is divided based on magnet type, applications, motor type, power range, and geography. Synchronous motors are competent, have high power density, deliver precise speed control, and longer insulation & bearing life over AC induction motors. This compensation drives the synchronous motors. Further, samarium cobalt (SmCo5 and Sm2Co17), neodymium (NdFeB), and ferrite are some most important magnet types, in the market. These magnets are utilized in the magnetic pump couplings, motor drives, sensors, starter motors, generators, and so on.

Synchronous Motors Market: Regional Analysis

Geographically, the synchronous motors market is divided across Europe, North America, Asia Pacific, and LAMEA. Asia-Pacific held the major market share in the previous year; on the other hand, LAMEA is likely to observe maximum growth rate in the coming future due to augment in demand for these kinds of motors. Asia Pacific is predicted to control the global synchronous motor market owing to aspects for instance: development in manufacturing industries and growing knowledge about energy efficiency.

Synchronous Motors Market: Competitive players

The key players of the global synchronous motors market are Mitsubishi, Hitachi, ABB, Siemens AG, GE, Emerson and many others.

Global Synchronous Motors Market: Regional Segment Analysis

  • North America
    • U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Middle East and Africa

What Reports Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

Related Reports

Waste Heat Boiler Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026

Price : $ 3900.00 | Report Code: ZMR-3237 | Report Format:

Global Waste Heat Boiler Market: Overview Efforts are being taken to use the waste heat generated by several industrial operations. The energy that is lost in the waste heat is utilized by the waste heat boilers for water heating or for the evaporation of the water into steam. The steam produced...Read More

Progressing Cavity Pump Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026

Price : $ 3900.00 | Report Code: ZMR-3236 | Report Format:

Global Progressing Cavity Pump Market: Overview A progressive cavity pump alternatively known as progressing cavity pump is a sort of positive displacement pump that transfers the solution with the help of progress, via the pump, of a series of fixed, small shape discrete cavities. These pumps f...Read More

Electric Traction Motor Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026

Price : $ 3900.00 | Report Code: ZMR-3235 | Report Format:

Global Electric Traction Motor Market: Overview The most common application of the electric traction motor is in the railway vehicles. The steam, diesel, and electric traction systems come under the traction systems. Major factors influencing the growing demand for electric traction motors are t...Read More

Twin Screw Extruders Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2024

Price : $ 3900.00 | Report Code: ZMR-3226 | Report Format:

Global Twin Screw Extruders Market: Overview Extrusion involves compressing and creating products from the polymeric materials like liquids, slurries, solids and also gases. Twin Screw Extruders are mainly used for mixing, reacting or compounding viscous or polymeric materials in industries. Twi...Read More

Heat Treating Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2024

Price : $ 3999.00 | Report Code: ZMR-3225 | Report Format:

Global Heat Treating Market: Overview Metal Heat treating is a technique used to change the physical, and in some cases synthetic, properties of a material. Most metal parts require heat treatment to change their physical and metallurgical properties keeping in mind the end goal to meet the desi...Read More

Download Brochure
Why Choose Us ?

24/5 Research support

Resolved your research queries from industry expert. Request for a free research sample before report purchase.

Custom research service

Ask the Analyst to customize an exclusive study to serve your research needs.

Quality & Accuracy

Zion Market Research reports offers best quality reports based on various authentic and accurate data findings.

Customer Satisfaction

We ensure that our client's all research needs are met with customized, in-depth analysis solutions.

Information security

We never share your personal and confidential information. Your personal information is safe and secure with us.