AC motor is electric motor driven by alternating current. The AC motor commonly consists of an outside stator having coils supplied with alternating current to produce a rotating magnetic field, and an inside rotor attached to the output shaft producing a second rotating magnetic field. A rapid transition to energy-efficient motors drives the ac electric motor sales in the oil and gas sector. Autonomous underwater vehicle (AUV) and remotely operated vehicle (ROV) are likely to create growth prospects for the ac electric motors in the coming years.
MARKET DYNAMICS
The global ac electric motor sales in oil and gas market is anticipated to witness growth in the forecast period owing to driving factors such as developments in the field of oil and gas industry in terms of automation coupled with the use of energy-efficient motors. However, the growth of the renewable energy sector is likely to influence market growth during the forecast period negatively. On the other hand, new oil and gas reserves discoveries in the Africa region would offer growth opportunities for the ac electric motor sales in oil and gas market in the coming years.
MARKET SCOPE
The "Global AC Electric Motor Sales In Oil And Gas Market Analysis to 2028" is a specialized and in-depth study of the electronics and semiconductor industry with a special focus on the global market trend analysis. The report aims to provide an overview of ac electric motor sales in oil and gas market with detailed market segmentation by type, voltage, and geography. The global ac electric motor sales in oil and gas market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading ac electric motor sales in oil and gas market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global ac electric motor sales in oil and gas market is segmented on the basis of type and voltage. Based on type, the market is segmented as induction motor and synchronous motor. On the basis of the voltage, the market is segmented as <1 kV, 1-6.6 kV, and >6.6 kV.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global ac electric motor sales in oil and gas market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The ac electric motor sales in oil and gas market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting ac electric motor sales in oil and gas market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South & Central America after evaluating political, economic, social and technological factors affecting the ac electric motor sales in oil and gas market in these regions.
MARKET PLAYERS
The reports cover key developments in the ac electric motor sales in oil and gas market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market players from ac electric motor sales in oil and gas market are anticipated to lucrative growth opportunities in the future with the rising demand for ac electric motor sales in oil and gas in the global market. Below mentioned is the list of few companies engaged in the ac electric motor sales in oil and gas market.
The report also includes the profiles of key ac electric motor sales in oil and gas companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of the last three years, key developments in the past five years.
- ABB Ltd.
- Allied Motion Inc
- General Electric Company
- Hitachi, Ltd.
- Johnson Electric Holdings Limited
- Nidec Corporation
- Regal Beloit Corporation
- Rockwell Automation, Inc.
- Siemens AG
- Yaskawa Electric Corporation
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