Transparency Market Research

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Electric Motors Market (AC Motors, DC Motors, Hermetic Motors) is Expected to Exceed USD 120 Billion by 2019: Transparency Market Research

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According to a new market report published by Transparency Market Research "Electric Motors (AC motors, DC motors, Hermetic motors) Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019" the global market is expected to reach a value of USD 120.68 billion by 2019, at a CAGR of 6.3% from 2013 to 2019.

 

 

Browse the full report with TOC: http://www.transparencymarketresearch.com/electric-motors-market.html 

 

The demand for energy efficient electric motors is rising globally due to the introduction of stringent electricity consumption standards and rising electricity prices. In addition, rising production of motor vehicles, home appliances and other electric motor driven systems is increasing the demand for electric motors. Moreover, stringent design and manufacturing standards in designing and manufacturing to improve efficiency of electric motors are encouraging global manufacturers to develop energy efficient motors. Demand trend for electric motors is steadily shifting from standard efficiency electric motors towards high energy efficient motors. However, lack of awareness about benefits of energy efficient electric motors and high initial purchase cost are inhibiting the growth of the energy efficient electric motors.  

 

Based on types, electric motor is categorized into AC motors, DC motors and hermetic motors. AC motor is the largest product segment and accounted for more than 80% of the revenue share of overall electric motors market in 2012. Hermetic motor is expected to be the fastest growing segment through the estimated period. Rising demand for HVAC equipment is expected to drive this growth in the future.

 

Fractional horsepower (FHP) motors are most commonly used in low voltage automotive, heating, ventilating and cooling, office machinery and several other applications. Fractional horsepower (less than 1hp) motors are used in low voltage power applications and accounted for the largest revenue share i.e. about 70% of the electric motors market by output power in 2012. However, fastest growth is expected from Integral horsepower (IHP) segment as industrial users are replacing their traditional electric motors with energy efficient motors. In addition, several incentive programs in the U.S. and European countries for early replacement of low efficient electric motors are also influencing the demand for energy efficient IHP motors from industrial sectors.  

 

Applications of electric motors include motor vehicles, industrial machinery, HVAC equipment, aerospace and other transportation equipment, home appliances and commercial and other service industries. Motor vehicle segment is expected to remain the largest in the electric motors market. In 2012, motors vehicles accounted for more than 31% of the revenue share in the overall electric motors market by application. The sale of electric and hybrid vehicles doubled in 2012 as compared to 2011. The motor vehicle segment is expected to remain the largest application segment for electric motors due to rising demand for electric and hybrid vehicles through the estimated period. However, fastest growth is expected from HVAC equipment segment with increasing residential and commercial construction globally.

 

Asia-Pacific is the largest as well as the fastest growing regional market in the global electric motors market. In 2012, Asia-Pacific accounted for about 66% of the revenue share of global electric motors market. Continuous rise in production of electric motors driven systems such as motor vehicles, HVAC equipment, and household appliances in major countries including China, India, Indonesia, South Korea and Singapore is primarily contributing to the growth of electric motors in Asia-Pacific. North America and Europe are expected to see slow growth in the future. This is because several motor vehicles and electronic appliances manufacturers from these regions are shifting their manufacturing plants to countries in Asia such specially India and China.

 

The global electric motors industry comprises many small and large sized players worldwide. The market is highly fragmented and top five players accounted for less than 15% of the revenue share in 2012. Some major players in the global electric motors market include Baldor Electric Company Inc, AMTEK, Danaher Motion LLC, Franklin Electric Co Inc, Asmo Co Ltd, and several others.

 

The electric motors market is segmented as below:

 

By Output Power

  •      Fractional horsepower (FHP) motors
  •      Integral horsepower (IHP) motors


By Type

  •      AC motors
  •      DC motors
  •      Hermetic motors

 

By Application

  •      Motor Vehicles
  •      HVAC equipments
  •      Industrial machinery
  •      Household appliances
  •      Aerospace and other transportation equipments
  •      Commercial and other industry

 

By Geography

  • North America
  • U.S.
  • Canada
  • Mexico
  • Europe
  • Germany
  • France
  • UK
  • Italy
  • Spain
  • Rest of Europe
  • Asia-Pacific
  • Japan
  • South Korea
  • China
  • India
  • Rest of Asia-Pacific
  • Rest of the World
  • Middle East
  • Latin America
  • Africa

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Drug Device Combination Products Market Will Research USD 115.1 Billion in 2019: Transparency Market Research

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This report studies the global market for drug device combination products from the perspective of product types. The market is thus segmented into drug eluting stents, infusion pumps, bone graft implants, photodynamic therapy, wound care combination devices, inhalers, transdermal patches and others including intraocular implants and drug eluting beads. The market for all these product segments is also analyzed for four major geographic regions namely North America, Europe, Asia and the rest of the world (RoW) regions. The markets for all these segments is analyzed and estimated in USD billion.

Browse the full report with complete TOC: http://www.transparencymarketresearch.com/drug-device-combination.html

Each of the segments have been analyzed on the basis of its current and future market size for the period 2011 to 2019, in terms of revenue generation in USD billion, considering 2011 and 2012 as the base years. The compounded annual growth rate (%CAGR) for each market segment has been provided for the forecast period 2013 to 2019 along with the estimations of market size.

A competitive landscape, mapping all the market players and their respective market shares for 2012 are provided in this report for drug eluting stents and infusion pumps. A chapter on recommendations for existing and new entrants is also provided in this report.

Some of the major players profiled in this report are Boston Scientific Corporation, Abbott Laboratories, Allergan, Inc., Bayer Healthcare, Medtronic Inc., Bausch and Lomb, Inc. All these market players are profiled in this report via parameters such as company overview, financial overview, business strategies, product portfolio and recent developments.

High incidence rates of chronic pain causing diseases, prostate cancer, diabetic retinopathy, cardiovascular diseases, colorectal cancer, asthma, obesity along with rapidly aging global population also form the key drivers for the global drug device combination products market. Government and NGO initiatives to promote drug delivery implants, rising number of interventional cardiologists and increase in the demand for minimally invasive surgeries are some of the other factors propelling the growth of the market. Introduction of biodegradable drug delivery technologies will serve as future growth opportunities for various drug device combination products. However, product recalls act as a major growth restraint for the market due to incidences such as adverse side effects to the patient. Also, these products form a challenge to FDA owing to their classification overlapping the regulated products and thus complicating their approval process.

Geographically, North America dominated the global drug device combination products market and is expected to continue to lead in terms of revenue generation throughout the forecast period. The market in North American region was valued at USD 28.5 billion in the year 2012.Asia-Pacific is considered as the most lucrative market for drug device combination products owing to the increase in incidences of cardiovascular diseases, diabetes related disorders and obesity through 2019. The leading players in the market for drug device combination products are Abbott Laboratories, Inc., Medtronic, Inc., Boston Scientific Corporation, CareFusion Corporation, Allergen, Inc. and others.

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Global Microturbine Systems Market is Expected to Reach USD 440.8 million in 2019: Transparency Market Research

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According to a new market report published by Transparency Market Research "Microturbine Systems Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019" global microturbine systems market was valued at USD 144.4 million in 2012, growing at a CAGR of 16.7% from 2013 to 2019. Annual installation was 123.2 MW in 2012 and is expected to reach 447.4 MW in 2019, growing at a CAGR of 19.8% from 2013 to 2019.

Browse the full report with complete TOC: http://www.transparencymarketresearch.com/microturbines-market.html

Rising global energy demand with increasing grid instability is expected to bolster microturbine systems market growth over the next five to six years. Impending stringent environmental regulations to curb down harmful emissions accompanied by increased awareness about clean and green energy generation are further fuelling the product demand. Increasing electricity consumption in off grid areas is likely to create new opportunities for the market, as these systems can be installed at a number of remote locations owing to its compact size and reliability. Inception of supercritical CO2 (Organic Rankine Cycle) with 16% more efficiency than conventional microturbine systems is probable to lay down new opportunities for the market.

Major end use segments analyzed in this report include residential, commercial and industrial microturbine market. Low power rating requirements (30 KW to 200 KW) of commercial end use segment is expected to drive microturbine systems market over the coming years. As a result the commercial end use segment is expected to grow at a CAGR of 20.2% over the forecast period. Industrial end use segment dominated microturbines market in 2012 which accounted for 59.33% market share. Furthermore, the market is categorized as per CHP generation and standby power applications of which CHP generation accounting for more than 67.0% market share in 2012.

North America dominated the microturbine systems market, accounting for 42.82% of the overall market in 2012. United States, Canada and Mexico are the key regional markets in North America wherein the U.S. dominated the market in 2012 and is expected to continue its dominance over the coming years. Increasing carbon footprint and regulatory intervention of several environmental agencies including CAA (Clean Air Act) are likely to fuel product demand in North America. Restructured EU NEC (European Union National Emission Ceilings) policies have assisted the microturbine market prosper significantly over the past couple of years.

Asia Pacific microturbine systems market is estimated to reach USD 61.1 million by 2019 while Rest of the World microturbine systems market is expected to grow at a CAGR of 19.6% from 2013 to 2019 owing to the strong supportive schemes made available by the Brazilian government and increased energy demand in off grid areas of Africa.

The key market participants in the industry include Capstone Turbine Corporation, FlexEnergy, Global Microturbine LLC, and NewEnCo. The report provides an overview of these companies followed by their financial revenue, business strategies, and recent developments.

Microturbine Systems Market: End Use Analysis

  • Industrial

  • Commercial

  • Residential

Microturbine Systems Market: Application Analysis

  • CHP Generation

  • Standby Power

Microturbine Systems Market: Regional Analysis

  • North America

  • Europe

  • Asia-Pacific

  • Rest of the World

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