Market Highlights
The High-speed motor market is expected to grow at ~ 5% CAGR during the period.
The global High-speed motor market is expected to experience immense opportunities over the forecast period with the use of variable frequency drive. The motor system are responsible for more than 65% of energy consumption. To minimize power consumption, the motor control system must be installed with variable frequency drives, which reduces the energy consumption. The High-speed motor with variable frequency drive will result in lower energy consumption. Many manufacturers are adopting the use of variable frequency drive to optimize the cost of production. If the variable frequency drive is not installed with High-speed motor, then the speed control is quite difficult. To optimize the cost and control the speed of motor, High-speed motor with VFDs is expected to boost the market in future.
Get Free Sample PDF @ https://www.marketresearchfuture.com/sample_request/5606
Market Research Analysis
Based on types of product, the market has been segmented as induction motor, permanent magnet motor and others. Amongst this, the induction motor segment is expected to dominate the growth of the market. The induction motor has two parts namely, a stator and a rotor. The rotor produces the final torque or output of the machine and the stator has electrical windings, which have an alternating current (AC) supplied to it. The high-speed induction motors are used extensively for applications that require the utilization of grinding and milling machines. One of the major concerns is the efficiency of high-speed induction motors. The efficiency of low-speed electric motors is generally higher. Therefore, making a more efficient high-speed motor is necessary to compete in the market.
By application, the market has been segmented as machine tools, power generation, compressor, bearings and other. The power generation segment is expected to dominate the market. The induction generators use the principles of induction motors for producing power. These generators function by turning their rotors faster than synchronous speed. Asynchronous motor is also being used as a generator, without any internal modifications. Induction generators can recover energy with relatively simple controls and are therefore useful in applications such as mini-hydropower plants, wind turbines, or in reducing high-pressure gas streams to lower pressure.
Scope of the Report
This study provides an overview of the global high-speed motor market, tracking three market segments across four geographic regions. The report studies key players, providing a six-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global High-speed motor market by product, power range, application and regions.
By Product
Induction Motor
Permanent Magnet Motor
Others
By Power Range
High Voltage
Low Voltage
By Application
Machine Tools
Power Generation
Compressor
Bearings
Other
Key Players
The prominent players in the high-speed motor market include LTI motion (Germany), Turbo power systems (U.K.), Regal Beloit (U.S.), SKF magnetic mechatronics (Sweden), and Danfoss Turbocor Compressors Inc. (U.S.). Fuji Electric Co., Ltd. (Japan), Synchrony (U.S.), Toshiba Corporation (Japan), Nidec Motor Corporation (U.S.) and Meidensha Corporation (Japan) are among others.
Access Report Details @ https://www.marketresearchfuture.com/reports/high-speed-motor-market-5606
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Edibles.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
Contact:
Market Research Future®
99 Hudson Street,5Th Floor
New York, New York 10013
United States of America
Phone:
+1 628 258 0071(US)
+44 2035 002 764(UK)
Email: [email protected]`
