An AC electric motor is an motor driven by an alternating current (AC). The AC motor commonly consists of two basic parts, 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. The rotor magnetic field may be produced by permanent magnets, reluctance saliency, or DC or AC electrical windings.
Asia Pacific is estimated to be the largest ac electric motor market from 2021 to 2023. Increasing rapid industrial development, especially in the oil & gas industry are some of the key factors responsible for the growth of the AC electric motor market.
The Oil & Gas AC Electric Motors market was valued at xx Million US$ in 2020 and is projected to reach xx Million US$ by 2026, at a CAGR of xx% during the forecast period. In this study, 2020 has been considered as the base year and 2021 to 2026 as the forecast period to estimate the market size for Oil & Gas AC Electric Motors.
This report covers the present status and the future prospects of the global Oil and Gas AC Electric Motors market for 2015-2026.
The report offers detailed coverage of Oil and Gas AC Electric Motors industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Oil and Gas AC Electric Motors by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].
Key Companies
Siemens, GE, ABB, WEG, Yaskawa, RockWell, Allied Motion, Nidec, Regal Beloit, Johnson Electric, Hitachi, ARC System, Schneider Electric, Toshiba, TMEIC, ATB, Hoyer
Market Segment as follows:
Market by Order Type
Induction Electric Motors
Synchronous Electric Motors
Oil & Gas AC Electric Motors Breakdown Data by Application
Onshore
Offshore
Oil & Gas AC Electric Motors market while maintaining their competitive edge over their competitors. The report offers detailed and crucial information to understand the overall market scenario.
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Oil and Gas AC Electric Motors market for the forecast period 2021 - 2026?
• What are the driving forces in the Oil and Gas AC Electric Motors market for the forecast period 2021 - 2026?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Oil and Gas AC Electric Motors industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?
Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.