Fast Market Research announces the availability of the new TechNavio report, "Global Motors and Drives Market in Process Industries 2016-2020", on their comprehensive research portal

Boston, MA -- (SBWire) -- 07/22/2016 --Globalization has encouraged the use of advanced automation techniques and energy-saving equipment worldwide, leading to increased adoption of low-power AC drives and motors. These drives and motors are used across the discrete, process, and infrastructure industries such as chemical, oil and gas, building automation, food and beverage, textile, utility, metal, and water and wastewater.

Technavio's analysts forecast the global motors and drives market in process industries to grow at a CAGR of 7% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the global motors and drives market in process industries 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of motors and drives majorly for compressors, elevators and lifts, fans, pumps, and conveyors.

Get More Details on this Report and a Full Table of Contents at Global Motors and Drives Market in Process Industries 2016-2020

The market is divided into the following segments based on geography:

-Americas
-APAC
-EMEA

Technavio's report, Global Motors and Drives Market in Process Industries 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

-ABB
-Danfoss
-Rockwell Automation
-Siemens
-WEG

Other prominent vendors

-ARC Systems
-Asmo
-Emerson CT
-Franklin Electric
-Fuji Electric
-GE
-Huali
-KEB
-Nidec
-Schneider Electric
-SEW Eurodrive
-TECO-Westinghouse
-Toshiba
-Yaskawa

Market driver

-Advanced refrigerated food processing
-For a full, detailed list, view our report

Market challenge

-Dominance of unorganized sector
-For a full, detailed list, view our report

Market trend

-Rising IEC motors demand
-For a full, detailed list, view our report

Key questions answered in this report

-What will the market size be in 2020 and what will the growth rate be?
-What are the key market trends?
-What is driving this market?
-What are the challenges to market growth?
-Who are the key vendors in this market space?
-What are the market opportunities and threats faced by the key vendors?
-What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.

Companies Mentioned in this Report: ABB, Danfoss, Rockwell Automation, Siemens, WEG, Allied Motion, ARC Systems, Asmo, Emerson CT, Franklin Electric, Fuji Electric, GE, Huali, KEB, Nidec, Schneider Electric, SEW Eurodrive, TECO-Westinghouse, Toshiba, Yaskawa

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