This report contains market size and forecasts of Squirrel Cage Induction Motors in global, including the following market information:
Global Squirrel Cage Induction Motors Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Squirrel Cage Induction Motors Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Squirrel Cage Induction Motors companies in 2021 (%)
The global Squirrel Cage Induction Motors market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Low Voltage Motor Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Squirrel Cage Induction Motors include ABB, Siemens, Wolong, WEG, TECO Electric & Machinery, GE, XEMC, Huali Group and Nidec, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Squirrel Cage Induction Motors manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Squirrel Cage Induction Motors Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Squirrel Cage Induction Motors Market Segment Percentages, by Type, 2021 (%)
Low Voltage Motor
High Voltage Motor
Global Squirrel Cage Induction Motors Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Squirrel Cage Induction Motors Market Segment Percentages, by Application, 2021 (%)
Chemical Industry
Metallurgy and Mining
Water and Wastewater Treatment
Petrochemical Industry
Food and Beverages
Automotive and Transportation
General Mechanical Equipment
Other
Global Squirrel Cage Induction Motors Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Squirrel Cage Induction Motors Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Squirrel Cage Induction Motors revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Squirrel Cage Induction Motors revenues share in global market, 2021 (%)
Key companies Squirrel Cage Induction Motors sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Squirrel Cage Induction Motors sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
ABB
Siemens
Wolong
WEG
TECO Electric & Machinery
GE
XEMC
Huali Group
Nidec
Toshiba
Tatung
Hitachi
Jiamusi Electric Machine
WNM
CRRC Yongji Electric
Jiangte
Dazhong
Luan Jianghuai Motor
YASKAWA
NORD
Shanghai Electric
Regal-Beloit
SEC Electric Machinery
Shanghai Shangli
SEW-Eurodrive
Zhongda Motors
JLEM
Ydmotor
Dongfang Electric
Fangli Holdings