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Induction Motors Market, Global Outlook and Forecast 2022-2028

April 2022 | 71 pages | ID: I001F34939A5EN
Market Monitor Global

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Significant superiority of induction motors over others is one of the primary driving factors in the induction Motors market. Rugged built, lightweight, reliable and low after sale maintenance cost are some of the factors that are pushing the demand in the Induction pump market. With the increasing awareness regarding environmental protection the induction motors low emission rate also contributes to the growing induction motor market

This report contains market size and forecasts of Induction Motors in global, including the following market information:

Global Induction Motors Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global Induction Motors Market Sales, 2017-2022, 2023-2028, (K Units)

Global top five Induction Motors companies in 2021 (%)

The global Induction Motors market was valued at 17550 million in 2021 and is projected to reach US$ 31310 million by 2028, at a CAGR of 8.6% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Synchronous Motor Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Induction Motors include Emerson Electric, Regal Beloit, ABB, Schneider Electric, Marathon Electric, Kirloskar Electric, Siemens and Baldor Electric, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Induction Motors manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Induction Motors Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Induction Motors Market Segment Percentages, by Type, 2021 (%)
  • Synchronous Motor
  • Direct Current Motor
  • Asynchronous Motor
Global Induction Motors Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Induction Motors Market Segment Percentages, by Application, 2021 (%)
  • Residential
  • Commercial
  • Industrial
Global Induction Motors Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Induction Motors Market Segment Percentages, By Region and Country, 2021 (%)
  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • U.K.
    • Italy
    • Russia
    • Nordic Countries
    • Benelux
    • Rest of Europe
  • Asia
    • China
    • Japan
    • South Korea
    • Southeast Asia
    • India
    • Rest of Asia
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Middle East & Africa
    • Turkey
    • Israel
    • Saudi Arabia
    • UAE
    • Rest of Middle East & Africa
Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Induction Motors revenues in global market, 2017-2022 (Estimated), ($ millions)

Key companies Induction Motors revenues share in global market, 2021 (%)

Key companies Induction Motors sales in global market, 2017-2022 (Estimated), (K Units)

Key companies Induction Motors sales share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:
  • Emerson Electric
  • Regal Beloit
  • ABB
  • Schneider Electric
  • Marathon Electric
  • Kirloskar Electric
  • Siemens
  • Baldor Electric
1 INTRODUCTION TO RESEARCH & ANALYSIS REPORTS

1.1 Induction Motors Market Definition
1.2 Market Segments
  1.2.1 Market by Type
  1.2.2 Market by Application
1.3 Global Induction Motors Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
  1.5.1 Research Methodology
  1.5.2 Research Process
  1.5.3 Base Year
  1.5.4 Report Assumptions & Caveats

2 GLOBAL INDUCTION MOTORS OVERALL MARKET SIZE

2.1 Global Induction Motors Market Size: 2021 VS 2028
2.2 Global Induction Motors Revenue, Prospects & Forecasts: 2017-2028
2.3 Global Induction Motors Sales: 2017-2028

3 COMPANY LANDSCAPE

3.1 Top Induction Motors Players in Global Market
3.2 Top Global Induction Motors Companies Ranked by Revenue
3.3 Global Induction Motors Revenue by Companies
3.4 Global Induction Motors Sales by Companies
3.5 Global Induction Motors Price by Manufacturer (2017-2022)
3.6 Top 3 and Top 5 Induction Motors Companies in Global Market, by Revenue in 2021
3.7 Global Manufacturers Induction Motors Product Type
3.8 Tier 1, Tier 2 and Tier 3 Induction Motors Players in Global Market
  3.8.1 List of Global Tier 1 Induction Motors Companies
  3.8.2 List of Global Tier 2 and Tier 3 Induction Motors Companies

4 SIGHTS BY PRODUCT

4.1 Overview
  4.1.1 By Type - Global Induction Motors Market Size Markets, 2021 & 2028
  4.1.2 Synchronous Motor
  4.1.3 Direct Current Motor
  4.1.4 Asynchronous Motor
4.2 By Type - Global Induction Motors Revenue & Forecasts
  4.2.1 By Type - Global Induction Motors Revenue, 2017-2022
  4.2.2 By Type - Global Induction Motors Revenue, 2023-2028
  4.2.3 By Type - Global Induction Motors Revenue Market Share, 2017-2028
4.3 By Type - Global Induction Motors Sales & Forecasts
  4.3.1 By Type - Global Induction Motors Sales, 2017-2022
  4.3.2 By Type - Global Induction Motors Sales, 2023-2028
  4.3.3 By Type - Global Induction Motors Sales Market Share, 2017-2028
4.4 By Type - Global Induction Motors Price (Manufacturers Selling Prices), 2017-2028

5 SIGHTS BY APPLICATION

5.1 Overview
  5.1.1 By Application - Global Induction Motors Market Size, 2021 & 2028
  5.1.2 Residential
  5.1.3 Commercial
  5.1.4 Industrial
5.2 By Application - Global Induction Motors Revenue & Forecasts
  5.2.1 By Application - Global Induction Motors Revenue, 2017-2022
  5.2.2 By Application - Global Induction Motors Revenue, 2023-2028
  5.2.3 By Application - Global Induction Motors Revenue Market Share, 2017-2028
5.3 By Application - Global Induction Motors Sales & Forecasts
  5.3.1 By Application - Global Induction Motors Sales, 2017-2022
  5.3.2 By Application - Global Induction Motors Sales, 2023-2028
  5.3.3 By Application - Global Induction Motors Sales Market Share, 2017-2028
5.4 By Application - Global Induction Motors Price (Manufacturers Selling Prices), 2017-2028

6 SIGHTS BY REGION

6.1 By Region - Global Induction Motors Market Size, 2021 & 2028
6.2 By Region - Global Induction Motors Revenue & Forecasts
  6.2.1 By Region - Global Induction Motors Revenue, 2017-2022
  6.2.2 By Region - Global Induction Motors Revenue, 2023-2028
  6.2.3 By Region - Global Induction Motors Revenue Market Share, 2017-2028
6.3 By Region - Global Induction Motors Sales & Forecasts
  6.3.1 By Region - Global Induction Motors Sales, 2017-2022
  6.3.2 By Region - Global Induction Motors Sales, 2023-2028
  6.3.3 By Region - Global Induction Motors Sales Market Share, 2017-2028
6.4 North America
  6.4.1 By Country - North America Induction Motors Revenue, 2017-2028
  6.4.2 By Country - North America Induction Motors Sales, 2017-2028
  6.4.3 US Induction Motors Market Size, 2017-2028
  6.4.4 Canada Induction Motors Market Size, 2017-2028
  6.4.5 Mexico Induction Motors Market Size, 2017-2028
6.5 Europe
  6.5.1 By Country - Europe Induction Motors Revenue, 2017-2028
  6.5.2 By Country - Europe Induction Motors Sales, 2017-2028
  6.5.3 Germany Induction Motors Market Size, 2017-2028
  6.5.4 France Induction Motors Market Size, 2017-2028
  6.5.5 U.K. Induction Motors Market Size, 2017-2028
  6.5.6 Italy Induction Motors Market Size, 2017-2028
  6.5.7 Russia Induction Motors Market Size, 2017-2028
  6.5.8 Nordic Countries Induction Motors Market Size, 2017-2028
  6.5.9 Benelux Induction Motors Market Size, 2017-2028
6.6 Asia
  6.6.1 By Region - Asia Induction Motors Revenue, 2017-2028
  6.6.2 By Region - Asia Induction Motors Sales, 2017-2028
  6.6.3 China Induction Motors Market Size, 2017-2028
  6.6.4 Japan Induction Motors Market Size, 2017-2028
  6.6.5 South Korea Induction Motors Market Size, 2017-2028
  6.6.6 Southeast Asia Induction Motors Market Size, 2017-2028
  6.6.7 India Induction Motors Market Size, 2017-2028
6.7 South America
  6.7.1 By Country - South America Induction Motors Revenue, 2017-2028
  6.7.2 By Country - South America Induction Motors Sales, 2017-2028
  6.7.3 Brazil Induction Motors Market Size, 2017-2028
  6.7.4 Argentina Induction Motors Market Size, 2017-2028
6.8 Middle East & Africa
  6.8.1 By Country - Middle East & Africa Induction Motors Revenue, 2017-2028
  6.8.2 By Country - Middle East & Africa Induction Motors Sales, 2017-2028
  6.8.3 Turkey Induction Motors Market Size, 2017-2028
  6.8.4 Israel Induction Motors Market Size, 2017-2028
  6.8.5 Saudi Arabia Induction Motors Market Size, 2017-2028
  6.8.6 UAE Induction Motors Market Size, 2017-2028

7 MANUFACTURERS & BRANDS PROFILES

7.1 Emerson Electric
  7.1.1 Emerson Electric Corporate Summary
  7.1.2 Emerson Electric Business Overview
  7.1.3 Emerson Electric Induction Motors Major Product Offerings
  7.1.4 Emerson Electric Induction Motors Sales and Revenue in Global (2017-2022)
  7.1.5 Emerson Electric Key News
7.2 Regal Beloit
  7.2.1 Regal Beloit Corporate Summary
  7.2.2 Regal Beloit Business Overview
  7.2.3 Regal Beloit Induction Motors Major Product Offerings
  7.2.4 Regal Beloit Induction Motors Sales and Revenue in Global (2017-2022)
  7.2.5 Regal Beloit Key News
7.3 ABB
  7.3.1 ABB Corporate Summary
  7.3.2 ABB Business Overview
  7.3.3 ABB Induction Motors Major Product Offerings
  7.3.4 ABB Induction Motors Sales and Revenue in Global (2017-2022)
  7.3.5 ABB Key News
7.4 Schneider Electric
  7.4.1 Schneider Electric Corporate Summary
  7.4.2 Schneider Electric Business Overview
  7.4.3 Schneider Electric Induction Motors Major Product Offerings
  7.4.4 Schneider Electric Induction Motors Sales and Revenue in Global (2017-2022)
  7.4.5 Schneider Electric Key News
7.5 Marathon Electric
  7.5.1 Marathon Electric Corporate Summary
  7.5.2 Marathon Electric Business Overview
  7.5.3 Marathon Electric Induction Motors Major Product Offerings
  7.5.4 Marathon Electric Induction Motors Sales and Revenue in Global (2017-2022)
  7.5.5 Marathon Electric Key News
7.6 Kirloskar Electric
  7.6.1 Kirloskar Electric Corporate Summary
  7.6.2 Kirloskar Electric Business Overview
  7.6.3 Kirloskar Electric Induction Motors Major Product Offerings
  7.6.4 Kirloskar Electric Induction Motors Sales and Revenue in Global (2017-2022)
  7.6.5 Kirloskar Electric Key News
7.7 Siemens
  7.7.1 Siemens Corporate Summary
  7.7.2 Siemens Business Overview
  7.7.3 Siemens Induction Motors Major Product Offerings
  7.7.4 Siemens Induction Motors Sales and Revenue in Global (2017-2022)
  7.7.5 Siemens Key News
7.8 Baldor Electric
  7.8.1 Baldor Electric Corporate Summary
  7.8.2 Baldor Electric Business Overview
  7.8.3 Baldor Electric Induction Motors Major Product Offerings
  7.8.4 Baldor Electric Induction Motors Sales and Revenue in Global (2017-2022)
  7.8.5 Baldor Electric Key News

8 GLOBAL INDUCTION MOTORS PRODUCTION CAPACITY, ANALYSIS

8.1 Global Induction Motors Production Capacity, 2017-2028
8.2 Induction Motors Production Capacity of Key Manufacturers in Global Market
8.3 Global Induction Motors Production by Region

9 KEY MARKET TRENDS, OPPORTUNITY, DRIVERS AND RESTRAINTS

9.1 Market Opportunities & Trends
9.2 Market Drivers
9.3 Market Restraints

10 INDUCTION MOTORS SUPPLY CHAIN ANALYSIS

10.1 Induction Motors Industry Value Chain
10.2 Induction Motors Upstream Market
10.3 Induction Motors Downstream and Clients
10.4 Marketing Channels Analysis
  10.4.1 Marketing Channels
  10.4.2 Induction Motors Distributors and Sales Agents in Global

11 CONCLUSION

12 APPENDIX

12.1 Note
12.2 Examples of Clients
12.3 Disclaimer

LIST OF TABLES

Table 1. Key Players of Induction Motors in Global Market
Table 2. Top Induction Motors Players in Global Market, Ranking by Revenue (2021)
Table 3. Global Induction Motors Revenue by Companies, (US$, Mn), 2017-2022
Table 4. Global Induction Motors Revenue Share by Companies, 2017-2022
Table 5. Global Induction Motors Sales by Companies, (K Units), 2017-2022
Table 6. Global Induction Motors Sales Share by Companies, 2017-2022
Table 7. Key Manufacturers Induction Motors Price (2017-2022) & (USD/Unit)
Table 8. Global Manufacturers Induction Motors Product Type
Table 9. List of Global Tier 1 Induction Motors Companies, Revenue (US$, Mn) in 2021 and Market Share
Table 10. List of Global Tier 2 and Tier 3 Induction Motors Companies, Revenue (US$, Mn) in 2021 and Market Share
Table 11. By Type – Global Induction Motors Revenue, (US$, Mn), 2021 & 2028
Table 12. By Type - Global Induction Motors Revenue (US$, Mn), 2017-2022
Table 13. By Type - Global Induction Motors Revenue (US$, Mn), 2023-2028
Table 14. By Type - Global Induction Motors Sales (K Units), 2017-2022
Table 15. By Type - Global Induction Motors Sales (K Units), 2023-2028
Table 16. By Application – Global Induction Motors Revenue, (US$, Mn), 2021 & 2028
Table 17. By Application - Global Induction Motors Revenue (US$, Mn), 2017-2022
Table 18. By Application - Global Induction Motors Revenue (US$, Mn), 2023-2028
Table 19. By Application - Global Induction Motors Sales (K Units), 2017-2022
Table 20. By Application - Global Induction Motors Sales (K Units), 2023-2028
Table 21. By Region – Global Induction Motors Revenue, (US$, Mn), 2021 VS 2028
Table 22. By Region - Global Induction Motors Revenue (US$, Mn), 2017-2022
Table 23. By Region - Global Induction Motors Revenue (US$, Mn), 2023-2028
Table 24. By Region - Global Induction Motors Sales (K Units), 2017-2022
Table 25. By Region - Global Induction Motors Sales (K Units), 2023-2028
Table 26. By Country - North America Induction Motors Revenue, (US$, Mn), 2017-2022
Table 27. By Country - North America Induction Motors Revenue, (US$, Mn), 2023-2028
Table 28. By Country - North America Induction Motors Sales, (K Units), 2017-2022
Table 29. By Country - North America Induction Motors Sales, (K Units), 2023-2028
Table 30. By Country - Europe Induction Motors Revenue, (US$, Mn), 2017-2022
Table 31. By Country - Europe Induction Motors Revenue, (US$, Mn), 2023-2028
Table 32. By Country - Europe Induction Motors Sales, (K Units), 2017-2022
Table 33. By Country - Europe Induction Motors Sales, (K Units), 2023-2028
Table 34. By Region - Asia Induction Motors Revenue, (US$, Mn), 2017-2022
Table 35. By Region - Asia Induction Motors Revenue, (US$, Mn), 2023-2028
Table 36. By Region - Asia Induction Motors Sales, (K Units), 2017-2022
Table 37. By Region - Asia Induction Motors Sales, (K Units), 2023-2028
Table 38. By Country - South America Induction Motors Revenue, (US$, Mn), 2017-2022
Table 39. By Country - South America Induction Motors Revenue, (US$, Mn), 2023-2028
Table 40. By Country - South America Induction Motors Sales, (K Units), 2017-2022
Table 41. By Country - South America Induction Motors Sales, (K Units), 2023-2028
Table 42. By Country - Middle East & Africa Induction Motors Revenue, (US$, Mn), 2017-2022
Table 43. By Country - Middle East & Africa Induction Motors Revenue, (US$, Mn), 2023-2028
Table 44. By Country - Middle East & Africa Induction Motors Sales, (K Units), 2017-2022
Table 45. By Country - Middle East & Africa Induction Motors Sales, (K Units), 2023-2028
Table 46. Emerson Electric Corporate Summary
Table 47. Emerson Electric Induction Motors Product Offerings
Table 48. Emerson Electric Induction Motors Sales (K Units), Revenue (US$, Mn) and Average Price (USD/Unit) (2017-2022)
Table 49. Regal Beloit Corporate Summary
Table 50. Regal Beloit Induction Motors Product Offerings
Table 51. Regal Beloit Induction Motors Sales (K Units), Revenue (US$, Mn) and Average Price (USD/Unit) (2017-2022)
Table 52. ABB Corporate Summary
Table 53. ABB Induction Motors Product Offerings
Table 54. ABB Induction Motors Sales (K Units), Revenue (US$, Mn) and Average Price (USD/Unit) (2017-2022)
Table 55. Schneider Electric Corporate Summary
Table 56. Schneider Electric Induction Motors Product Offerings
Table 57. Schneider Electric Induction Motors Sales (K Units), Revenue (US$, Mn) and Average Price (USD/Unit) (2017-2022)
Table 58. Marathon Electric Corporate Summary
Table 59. Marathon Electric Induction Motors Product Offerings
Table 60. Marathon Electric Induction Motors Sales (K Units), Revenue (US$, Mn) and Average Price (USD/Unit) (2017-2022)
Table 61. Kirloskar Electric Corporate Summary
Table 62. Kirloskar Electric Induction Motors Product Offerings
Table 63. Kirloskar Electric Induction Motors Sales (K Units), Revenue (US$, Mn) and Average Price (USD/Unit) (2017-2022)
Table 64. Siemens Corporate Summary
Table 65. Siemens Induction Motors Product Offerings
Table 66. Siemens Induction Motors Sales (K Units), Revenue (US$, Mn) and Average Price (USD/Unit) (2017-2022)
Table 67. Baldor Electric Corporate Summary
Table 68. Baldor Electric Induction Motors Product Offerings
Table 69. Baldor Electric Induction Motors Sales (K Units), Revenue (US$, Mn) and Average Price (USD/Unit) (2017-2022)
Table 70. Induction Motors Production Capacity (K Units) of Key Manufacturers in Global Market, 2020-2022 (K Units)
Table 71. Global Induction Motors Capacity Market Share of Key Manufacturers, 2020-2022
Table 72. Global Induction Motors Production by Region, 2017-2022 (K Units)
Table 73. Global Induction Motors Production by Region, 2023-2028 (K Units)
Table 74. Induction Motors Market Opportunities & Trends in Global Market
Table 75. Induction Motors Market Drivers in Global Market
Table 76. Induction Motors Market Restraints in Global Market
Table 77. Induction Motors Raw Materials
Table 78. Induction Motors Raw Materials Suppliers in Global Market
Table 79. Typical Induction Motors Downstream
Table 80. Induction Motors Downstream Clients in Global Market
Table 81. Induction Motors Distributors and Sales Agents in Global Market

LIST OF FIGURES

Figure 1. Induction Motors Segment by Type
Figure 2. Induction Motors Segment by Application
Figure 3. Global Induction Motors Market Overview: 2021
Figure 4. Key Caveats
Figure 5. Global Induction Motors Market Size: 2021 VS 2028 (US$, Mn)
Figure 6. Global Induction Motors Revenue, 2017-2028 (US$, Mn)
Figure 7. Induction Motors Sales in Global Market: 2017-2028 (K Units)
Figure 8. The Top 3 and 5 Players Market Share by Induction Motors Revenue in 2021
Figure 9. By Type - Global Induction Motors Sales Market Share, 2017-2028
Figure 10. By Type - Global Induction Motors Revenue Market Share, 2017-2028
Figure 11. By Type - Global Induction Motors Price (USD/Unit), 2017-2028
Figure 12. By Application - Global Induction Motors Sales Market Share, 2017-2028
Figure 13. By Application - Global Induction Motors Revenue Market Share, 2017-2028
Figure 14. By Application - Global Induction Motors Price (USD/Unit), 2017-2028
Figure 15. By Region - Global Induction Motors Sales Market Share, 2017-2028
Figure 16. By Region - Global Induction Motors Revenue Market Share, 2017-2028
Figure 17. By Country - North America Induction Motors Revenue Market Share, 2017-2028
Figure 18. By Country - North America Induction Motors Sales Market Share, 2017-2028
Figure 19. US Induction Motors Revenue, (US$, Mn), 2017-2028
Figure 20. Canada Induction Motors Revenue, (US$, Mn), 2017-2028
Figure 21. Mexico Induction Motors Revenue, (US$, Mn), 2017-2028
Figure 22. By Country - Europe Induction Motors Revenue Market Share, 2017-2028
Figure 23. By Country - Europe Induction Motors Sales Market Share, 2017-2028
Figure 24. Germany Induction Motors Revenue, (US$, Mn), 2017-2028
Figure 25. France Induction Motors Revenue, (US$, Mn), 2017-2028
Figure 26. U.K. Induction Motors Revenue, (US$, Mn), 2017-2028
Figure 27. Italy Induction Motors Revenue, (US$, Mn), 2017-2028
Figure 28. Russia Induction Motors Revenue, (US$, Mn), 2017-2028
Figure 29. Nordic Countries Induction Motors Revenue, (US$, Mn), 2017-2028
Figure 30. Benelux Induction Motors Revenue, (US$, Mn), 2017-2028
Figure 31. By Region - Asia Induction Motors Revenue Market Share, 2017-2028
Figure 32. By Region - Asia Induction Motors Sales Market Share, 2017-2028
Figure 33. China Induction Motors Revenue, (US$, Mn), 2017-2028
Figure 34. Japan Induction Motors Revenue, (US$, Mn), 2017-2028
Figure 35. South Korea Induction Motors Revenue, (US$, Mn), 2017-2028
Figure 36. Southeast Asia Induction Motors Revenue, (US$, Mn), 2017-2028
Figure 37. India Induction Motors Revenue, (US$, Mn), 2017-2028
Figure 38. By Country - South America Induction Motors Revenue Market Share, 2017-2028
Figure 39. By Country - South America Induction Motors Sales Market Share, 2017-2028
Figure 40. Brazil Induction Motors Revenue, (US$, Mn), 2017-2028
Figure 41. Argentina Induction Motors Revenue, (US$, Mn), 2017-2028
Figure 42. By Country - Middle East & Africa Induction Motors Revenue Market Share, 2017-2028
Figure 43. By Country - Middle East & Africa Induction Motors Sales Market Share, 2017-2028
Figure 44. Turkey Induction Motors Revenue, (US$, Mn), 2017-2028
Figure 45. Israel Induction Motors Revenue, (US$, Mn), 2017-2028
Figure 46. Saudi Arabia Induction Motors Revenue, (US$, Mn), 2017-2028
Figure 47. UAE Induction Motors Revenue, (US$, Mn), 2017-2028
Figure 48. Global Induction Motors Production Capacity (K Units), 2017-2028
Figure 49. The Percentage of Production Induction Motors by Region, 2021 VS 2028
Figure 50. Induction Motors Industry Value Chain
Figure 51. Marketing Channels


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