New York, NY -- (SBWIRE) -- 03/16/2016 -- Smart motor is a highly programmable digital motor which can be programmed and work accordingly as per requirement of application. It can easily store the information related to its speed and can change it immediately with the single pressing of a button or after a particular given time. These smart motor is integrated with an encoder, an amplifier, motor driver, communication buses, dual port Ethernet port, and USB interface for programming, remote terminal unit (RTU), half duplex communication port and IOs. The microcontroller integrated with smart motor detects the presence of load on the shaft and correspondingly adjust the power extraction to the load. The main specialty of the smart motor is its ability to produce highest torque at lowest speed. The technological advancement and innovation brings the smart motor to completely new stage, now smart motors can support industrial Ethernet protocol including Ether CAT and PROFINET. The main applications of this smart motor is in industrial automation and robotics applications, which are undoubtedly the emerging sectors across the globe and hence the demand of smart motor is also rising up in global market.

The key trend of global smart motor market is the tremendous increment in the demand of smart motor for the application in the industrial automation.

There are various factors driving the growth of global smart motor market such as the advantages provided by smart motors over the traditional AC motors as it requires less wiring and onsite space, cost reduction, increased effectiveness of equipment, less power consumption are some of the global smart motor market drivers driving this market. On the other side there are some factors which are responsible to hinder the growth of global smart motor market, which are; lower rate of implementation and additional consideration for variable frequency drive are some of restraints of smart motor market.

Global Smart Motor market is segmented by component types, applications and by region

Smart Motor Market by component types
Variable Speed Drive
Intelligent Motor Control Center
Motor

Smart Motor Market by applications
Industrial Sector
Automotive Sector
Aerospace and Defense Sector
Commercial Sector
Consumer Electronics Sector

Smart Motor Market By Region:
Asia Pacific
Europe
North America
Latin America
The Middle East & Africa

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Among all the regions North America is the highest contributor in term of revenue in global smart motor market followed by Asia Pacific & it is expected that in near future Asia Pacific is going to lead this market.

The key players of global smart motor market are Asea Brown Boveri (ABB) Ltd., Rockwell Automation, Inc., Moog Animatics, General Electric Co. Ltd., FUJI Electric Co. Ltd., Siemens AG, Technosoft S.A., Schneider Electric SE, Robotshop, Inc., Roboteq, Inc. and others.

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The report covers exhaustive analysis on:

Smart Motor Market Segments
Smart Motor Market Dynamics
Historical Actual Market Size, 2013 - 2015
Smart Motor Market Size & Forecast 2016 to 2022
Supply & Demand Value Chain
Smart Motor Market Current Trends/Issues/Challenges
Competition & Companies involved
Technology
Value Chain
Smart Motor Market Drivers and Restraints

Regional analysis for Smart Motor Market includes

North America
Latin America
Europe
Asia Pacific & Japan
The Middle East and Africa

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Key points covered in the report
1) Report segments the market on the basis of types, application, products, technology, etc (as applicable)
2) The report covers geographic segmentation

North America
Europe
Asia
RoW

3) The report provides the market size and forecast for the different segments and geographies for the period of 2010 to 2020
4) The report provides company profiles of some of the leading companies operating in the market
5) The report also provides porters five forces analysis of the market.

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