As the global economy recovers in 2021 and the supply of the industrial chain improves, the Induction Motor market will undergo major changes. According to the latest research, the market size of the Induction Motor industry in 2021 will increase by USD million compared to 2020, with a growth rate of %.

The global Induction Motor industry report provides top-notch qualitative and quantitative information including: Market size (2017-2021 value and 2022 forecast). The report also contains descriptions of key players, including key financial indicators and market competitive pressure analysis.

The report also assesses key opportunities in the market and outlines the factors that are and will drive the growth of the industry. Taking into account previous growth patterns, growth drivers, and current and future trends, we also forecast the overall growth of the global Induction Motor market during the next few years. The global Induction Motor market size will reach USD million in 2028, growing at a CAGR of % during the analysis period.

Highlights-Regions

The Induction Motor market can be split based on product types, major applications, and important regions as follows:

North America
Europe
China
Japan
Southeast Asia
India
Korea

Player list
ABB
Emerson
GE
TECO
Regal-Beloit
Nidec
Siemens
Tatung
Hitachi
WEG
Bosch Rexroth
SEW-Eurodrive
Cummins
YASKAWA
Toshiba
VEM
NORD
Landert
ABM Greiffenberger
SPG
Brook Crompton
Sterling Electric
Wolong
XEMC
JLEM
Huali Group
Jiangte
WNM
Ydmotor
Dazhong

Types list
Single-phase Induction Motor
Three-phase Induction Motor

Application list
Chemical Industry
Logistics Industry
Engineering and Manufacturing Industry
Others