Global Three-Phase Asynchronous Motors Market Outlook 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. Three-phase squirrel-cage induction motors are widely used as industrial drives because they are self-starting, reliable and economical.
Product-wise the global market is segmented by spread (regional footprint), and consumption. And, the products include: Squirrel Cage Induction Motor, Slip Ring or Wound Rotor Induction Motor.
Basis, separate end-use segments, the market study delves into demand trends for each. The major end-use segments that the market study includes are: , Residential, Commercial Building, Agriculture, Transportation, Others.

Market Analysis and Insights: Global Three-Phase Asynchronous Motors Market
The global Three-Phase Asynchronous Motors market was valued at US$ XX million in 2020 and it is expected to reach US$ XX million by the end of 2027, growing at a CAGR of XX% during 2021-2027.

Global Three-Phase 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 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
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 Three-Phase 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 2016 to 2027. by Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

Segment by Type
Squirrel Cage Induction Motor
Slip Ring or Wound Rotor Induction Motor

Segment by Application
Residential
Commercial Building
Agriculture
Transportation
Others

By Company
ABB Ltd. (Switzerland)
ABB
A.O. Smith Corporation (US)
Allied Motion Technologies(US)
Franklin Electric(US)
General Electric Company (US)
HBD Industries(US)
Mitsubishi Electric(Japan)
Nidec Corporation (Japan)
Regal Beloit Corporation (US)

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
Middle East & Africa
Turkey
Saudi Arabia
U.A.E