Global AC Asynchronous Motors Market Research Report 2022

An induction motor or asynchronous motor is an AC electric motor in which the electric current in the rotor needed to produce torque is obtained by electromagnetic induction from the magnetic field of the stator winding. An induction motor can therefore be made without electrical connections to the rotor. An induction motor's rotor can be either wound type or squirrel-cage type.
Market Analysis and Insights: Global AC Asynchronous Motors Market
Due to the COVID-19 pandemic, the global AC Asynchronous Motors market size is estimated to be worth US$ million in 2022 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the forecast period 2022-2028. Fully considering the economic change by this health crisis, Single-Phase Electric Motors accounting for % of the AC Asynchronous Motors global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Compressor segment is altered to an % CAGR throughout this forecast period.
Global induction motor market is primarily driven by the rising demand for electric vehicles, technological advancement, and the rapid rate of industrialization in emerging countries. There is a tremendous pressure on countries at a global forefront to cut the greenhouse gases emission. For this, they are promoting electric vehicles globally. Industrial application is the leading segment in terms of revenue in the global induction motor market.
Global AC Asynchronous Motors Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global AC Asynchronous Motors Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Single-Phase Electric Motors
Three-Phase Electric Motors
Segment by Application
Compressor
Water Pump
Crusher
Cutting Machine
Transport Machinery
Other
By Company
ATM TRANSMISSIONS
ABB
Adlee Powertronic
AEM Dessau
ASTRO Motorengesellschaft
ATB
Baumuller
Bonfiglioli
C.R.I. Pumps
CAG Electric Machinery
Cemp srl
Chiaphua Components
SEW
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina