Medium Voltage Motors market

Medium Voltage Motors Market, Global Outlook and Forecast 2023-2029

  • 30 March 2023
  • Manufacturing & Construction
  • 75 Pages
  • Report code : PMR-7621944

  • 4.7 (158)

Medium Voltage Motors Market

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Low voltage is up to 1000 V, medium voltage is from 1000 V to 35 kV, and high voltage is over 35 kV.

Medium Voltage Motors Market aims to provide a comprehensive presentation of the global market for Medium Voltage Motors, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Medium Voltage Motors. Medium Voltage Motors Market contains market size and forecasts of Medium Voltage Motors in global, including the following market information:

Global Medium Voltage Motors Market Revenue, 2018-2023, 2024-2029, ($ millions)

Global Medium Voltage Motors Market Sales, 2018-2023, 2024-2029, (Units)

Global top five Medium Voltage Motors companies in 2022 (%)

The global Medium Voltage Motors market was valued at US$ 5500.1 million in 2022 and is projected to reach US$ 6405.7 million by 2029, at a CAGR of 2.2% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

As the technology of Medium Voltage Motors is relatively mature and the downstream market are keep growing, thus there are lots of enterprises in the Medium Voltage Motors market. The top international motor manufacturers carry strong capital to expand their scale through mergers and acquisitions. The Medium Voltage Motors market competition will be still intense in the near future. ABB is the leading manufacturer in the global Medium Voltage Motors market with the market share of 15.86%, in terms of revenue, followed by Nidec, General Electric(Wolong), Regal Beloit, SEVA-tec, TECO Electric & Machinery, Toshiba, VEM, and WEG. The top 9 listed companies accounted for 47.27% of the market share in 2019. Segment by Type, the Medium Voltage Motors can be split into AC Motors, DC Motors, etc. In 2019, AC Motors accounted for a major share of 80.83% the global Medium Voltage Motors market. Segment by Application, the Medium Voltage Motors market can be sub-segmented into several major Application, like Process Industries, Discrete Industries, etc. and the Process Industries holds an important share.

We surveyed the Medium Voltage 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 Medium Voltage Motors Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (Units)

Global Medium Voltage Motors Market Segment Percentages, by Type, 2022 (%)

AC Motors

DC Motors

Global Medium Voltage Motors Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (Units)

Global Medium Voltage Motors Market Segment Percentages, by Application, 2022 (%)

Process Industries

Discrete Industries

HVAC

Global Medium Voltage Motors Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (Units)

Global Medium Voltage Motors Market Segment Percentages, By Region and Country, 2022 (%)

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 Medium Voltage Motors revenues in global market, 2018-2023 (Estimated), ($ millions)

Key companies Medium Voltage Motors revenues share in global market, 2022 (%)

Key companies Medium Voltage Motors sales in global market, 2018-2023 (Estimated), (Units)

Key companies Medium Voltage Motors sales share in global market, 2022 (%)

Further, the report presents profiles of competitors in the market, key players include:

ABB

Nidec

General Electric(Wolong)

Regal Beloit

SEVA-tec

TECO Electric & Machinery

Toshiba

VEM

Outline of Major Chapters:

Chapter 1: Introduces the definition of Medium Voltage Motors, market overview.

Chapter 2: Global Medium Voltage Motors market size in revenue and volume.

Chapter 3: Detailed analysis of Medium Voltage Motors manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 6: Sales of Medium Voltage Motors in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 8: Global Medium Voltage Motors capacity by region & country.

Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 11: The main points and conclusions of the report.

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