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(IT-NEWSWIRE.COM, February 27, 2017 ) The Gobal Energy Efficient Motor market is estimated at $47 Billion in 2015 and is poised to reach $102.84 billion by 2022, growing at a compound annual growth rate (CAGR) of 11.8% during the forecast period. Energy efficient motors are effectively been utilized in the fields of residential, industrial, agricultural and commercial sector. Increasing demand from industrial sector is the key opportunity for the market growth. The factors such as consumption of low electricity, growing government funding and rising awareness of environmental protection are the drivers of energy efficient motor market. However, high initial cost and low rate of implementation are hamering the market. Asynchronous motors segment has the leading market for energy efficient motor and is expected to have significant demand over the forecast period. Europe dominates the global market for energy efficient motor. For more information http://www.reportsweb.com/energy-efficient-motor-global-market-outlook-2015-2022 . Some of the key players in this market include Baldoe Electric Company, Emerson Electric Company, ABB Ltd, Kirloskar Electric Company Ltd, Regal Beloit Corporation, Bosch Rexroth AG, Marathon Electric, Siemens AG, General Electric Company, Crompton Greaves Ltd, and Schneider Electric SE. Energy Efficient Motors Products Covered: - Direct Current (DC) Motors - Synchronous Motors - Asynchronous Motors Type Covered: - IE1 Type of Standard - IE1 Type of Standard - IE1 Type of Standard - IE1 Type of Standard End-User Covered: - Residential - Industrial - Agricultural Sector - Commercial Building - Transportation Application Covered: - Fans - Material processing - Compressed Air - Material handling - Pumps - Heating, Ventilation & Air Conditioning (HVAC) - Refrigeration - Buildings - Aerospace and Defense
Request Sample Copy http://www.reportsweb.com/inquiry&RW0001153411/sample .
Regions Covered: - North America - US - Canada - Mexico - Europe - Germany - France - Italy - UK - Spain - Rest of Europe - Asia Pacific - Japan - China - India - Australia - New Zealand - Rest of Asia Pacific - Rest of the World - Middle East - Brazil - Argentina - South Africa - Egypt
Make an enquiry: http://www.reportsweb.com/inquiry&RW0001153411/buying .
ReportsWeb.com
Priya Sisodia
+1-646-491-9876
sales@reportsweb.com
Source: EmailWire.Com
Source: EmailWire.com
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