Report overview
This report aims to provide a comprehensive presentation of the global market for Squirrel-cage Induction Motor, 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 Squirrel-cage Induction Motor. This report contains market size and forecasts of Squirrel-cage Induction Motor in global, including the following market information:
Global Squirrel-cage Induction Motor Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Squirrel-cage Induction Motor Market Sales, 2018-2023, 2024-2029, (K Units)
Global top five Squirrel-cage Induction Motor companies in 2022 (%)
The global Squirrel-cage Induction Motor market was valued at US$ 14340 million in 2022 and is projected to reach US$ 17830 million by 2029, at a CAGR of 3.2% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
On the basis of product type, type of Low Pressure represent the largest share of the worldwide Squirrel-cage induction motor market, with 73% share. In the applications, General Machinery segment is estimated to be the largest end-use industry segment of the market in 2019, with 37% share of global market. Europe holds the major share in the market, with a share of 32%.
We surveyed the Squirrel-cage Induction Motor 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 Squirrel-cage Induction Motor Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Squirrel-cage Induction Motor Market Segment Percentages, by Type, 2022 (%)
Low Pressure
High Pressure
Global Squirrel-cage Induction Motor Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Squirrel-cage Induction Motor Market Segment Percentages, by Application, 2022 (%)
Chemical
Metallurgy and Mining
Water and wastewater treatment
Petrochemical
Food and Beverage
Automotive and Transportation
General Machinery
Others
Global Squirrel-cage Induction Motor Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Squirrel-cage Induction Motor 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 Squirrel-cage Induction Motor revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Squirrel-cage Induction Motor revenues share in global market, 2022 (%)
Key companies Squirrel-cage Induction Motor sales in global market, 2018-2023 (Estimated), (K Units)
Key companies Squirrel-cage Induction Motor sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
ABB
Simens
Wolong
WEG
TECO
Xiangdian
NIDEC
HITACHI
Huali Group
Toshiba
Tatung
Anhui Wannan
Jiangsu dazhong
Jiangte Heavy Industry Science &Technology Development
YASKAWA
NORD
Regal-Beloit
SEW Eurodrive
Jinlong
Fujian Yuandong
Outline of Major Chapters:
Chapter 1: Introduces the definition of Squirrel-cage Induction Motor, market overview.
Chapter 2: Global Squirrel-cage Induction Motor market size in revenue and volume.
Chapter 3: Detailed analysis of Squirrel-cage Induction Motor 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 Squirrel-cage Induction Motor 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 Squirrel-cage Induction Motor 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.