Global Medium Voltage Motors Market will grow at a CAGR of 5.92% over the period 2014-2019.
Deerfield Beach, FL -- (SBWIRE) -- 09/03/2015 -- Global Medium Voltage Motors Market will grow at a CAGR of 5.92% over the period 2014-2019. Any machine which converts electrical energy into usable mechanical energy could be called as a motor. Motors are used in various applications like industrial pumps, machine tools, power tools and household appliances. Motors can be classified on different basis such as power consumption and mode of working. Medium voltage motors are those which operate within a power range of 75 kW to 25 MW. They are used in various industries such as Oil and Natural Gas, Power Generation, Mining, Water and Wastewater, Metals and Marine.
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Covered in this Report
Global Medium Voltage Motors Market 2014-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the global region; it also covers the market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Key Vendors
ABB Ltd.
Regal Beloit Corp.
Siemens AG
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Other Prominent Vendors
Ansaldo Energia
General Electric
Hyosung
Leroy Somer
Teco Energy
Toshiba
WEG
Key Market Driver
Growth of Hydraulic Fracking
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Key Market Challenge
Threat from Low Cost Vendors
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Key Market Trend
Shift toward Premium Efficiency Motors
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