#Automotive Vacuum Pump Market analysis

[businessindustry]

Vacuum Sucker Market Size, Trends, Growth and Forecast to 2032

The Reports and Insights, a leading market research company, has recently releases report titled “Vacuum Sucker Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032.” The study provides a detailed analysis of the industry, including the global Vacuum Sucker Market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights:

How big is the Vacuum Sucker?

The global vacuum sucker market size reached US$ 730.8 million in 2023. Looking forward, Reports and Insights expects the market to reach US$ 1,245.2 million in 2032, exhibiting a growth rate (CAGR) of 6.1% during 2024-2032.

What are Vacuum Sucker Market?

A vacuum sucker, or vacuum suction cup, is a device designed to lift and handle objects using vacuum pressure. It typically features a flexible cup made from materials like rubber or silicone, which is connected to a vacuum pump. When air is removed from the cup, a vacuum is formed, causing the cup to adhere securely to the surface of the object. This technology enables the efficient handling, lifting, and movement of items without manual gripping or complex machinery, making it useful in various fields such as manufacturing, packaging, and robotics.

Request for a sample copy with detail analysis: https://www.reportsandinsights.com/sample-request/1901

What are the growth prospects and trends in the Vacuum Sucker Market industry?

The vacuum sucker market growth is driven by various factors and trends. The vacuum sucker market is experiencing notable growth, driven by the increasing adoption of automation in industries such as manufacturing, logistics, packaging, and robotics. These devices are crucial for the efficient and safe handling of materials, reducing manual labor and boosting productivity. Innovations in suction technology, along with advancements in materials and design, are broadening their application across various sectors. The demand is also rising due to the need for precision and reliability in automated systems, as well as a focus on workplace safety and ergonomic solutions. With the continued shift towards automation, the vacuum sucker market is set for ongoing expansion. Hence, all these factors contribute to vacuum sucker market growth.

What is included in market segmentation?

The report has segmented the market into the following categories:

By Type:

Electric Vacuum Suckers

Pneumatic Vacuum Suckers

Hybrid Vacuum Suckers

By End-Use Industry:

Automotive

Electronics

Food & Beverage

Packaging

Pharmaceutical

Logistics & Warehousing

Others

By Application:

Material Handling

Assembly & Robotics

Pick & Place

Packaging & Palletizing

Inspection & Testing

Others

By Sales Channel:

Direct Sales

Distributors/Wholesalers

E-commerce

Global Market Segmentation by Region:

North America:

United States

Canada

Europe:

Germany

United Kingdom

France

Italy

Spain

Russia

Poland

BENELUX

NORDIC

Rest of Europ

Asia Pacific:

China

Japan

India

South Korea

ASEAN

Australia & New Zealand

Rest of Asia Pacific

Latin America:

Brazil

Mexico

Argentina

Rest of Latin America

Middle East & Africa:

Saudi Arabia

South Africa

United Arab Emirates

Israel

Rest of MEA

Who are the key players operating in the industry?

The report covers the major market players including:

Piab AB

Schmalz Inc.

Festo AG & Co. KG

SMC Corporation

Aventics GmbH

VACUUBRAND GMBH + CO KG

Vaccon Company, Inc.

SMC Corporation of America

Pneumadyne, Inc.

Schmalz GmbH

Vuototecnica S.p.A.

DESTACO, a Dover Company

ANVER Corporation

AERO-LIFT Vakuumtechnik GmbH

VMECA Co., Ltd.

Discover more: https://www.reportsandinsights.com/report/Vacuum Sucker-market

If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.

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Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

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Powder Coatings Market - Forecast(2024 - 2030)

Powder Coatings Market Overview

The Powder Coatings Market size is forecasted to reach US$18.2 billion by 2027 after growing at a CAGR of 6.1% during the forecast period 2022-2027. Powder coating is a dry finishing process in which free-flowing, thermoplastic or thermoset powder material is applied to a surface, melted and then allowed to dry and harden into a protective coating. Powder coating based on thermoplastic polymers is derived from polyolefins, polyvinyl chloride, polyvinyl fluoride, polyester and so on whereas thermoset-based powder coatings are derived from epoxy, polyester, acrylic, polyurethanes and so on. Powder coating imparts a high-quality, durable finish, that allows for improved efficiency and is eco-friendly. Powder coatings are based on polymer resin systems. The environmental advantages offered by powder coatings compared to liquid coating methods drives the powder coatings market. The pandemic resulted in shortages of raw materials and supply chain disruptions. According to Echemi, a chemical industry B2B website, there were shortages of neopentyl glycol that is used in many of the resins for powder coatings and triglycidyl isocyanurate which is a curing agent used in polyester powder coatings. This resulted in price hikes of over 60% in the Powder Coatings industry.

Powder Coatings Market Report Coverage

The “Powder Coatings Market Report – Forecast (2022-2027)” by IndustryARC, covers an in-depth analysis of the following segments of the Powder Coatings industry.

By Resin Type: Thermoset (Epoxy, Polyester, Acrylic, Fluoropolymer, Polyurethanes and Others) and Thermoplastic (Polyamide, Polyolefin, Polyethylene, Polyvinyl Chloride, Polypropylene and Others).

By Coating Method: Fluidized Spray, Electrostatic Fluidized Bed, Electrostatic Spray and Others.

By Substrate: Metal (Steel, Aluminum and Others) and Non-Metal (Plastic, Wood, Ceramics, Glass and Others).

By End-Use Industry: Automotive [Two-wheelers (Scooters and Bikes) and Three/Four-wheelers (Passenger Cars, Heavy Commercial Vehicles and Light Commercial Vehicles)], Construction (Outdoor Construction and Indoor Construction), Appliances (Refrigerator, Water Coolers, Vending Machines, Washing Machines, Air Conditioners/Coolers, Electrical Fans, Kitchen Blenders/Mixers, Vacuum Cleaners, Water Heaters, Ovens & Chimneys, LPG Cylinders and Others), Electrical & Electronics (Transformers, Generators, ATM Machines, Industrial/Commercial Systems, Electrical Motor Stators/Rotors, Electric Meters & Connectors, Computer Room Floor System and Others), General Industrial (Industrial Carts & Power Tools, Storage & Racking, Escalators & Elevators, Lockers, Walls & Fittings, Water Pumps, Steel Drums, Pipes & Rebars and Others), Furniture (Outdoor Metal Furniture, Beds & Chairs, Benches and Others), Medical, Transportation & Equipment (Railways, Industrial Transportation, Construction Equipment, Agricultural Equipment, Marine, Aerospace) and Others.

By Geography: North America (the USA, Canada and Mexico), Europe (UK, Germany, France, Italy, Netherlands, Spain, Denmark, Belgium and the Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia and New Zealand, Indonesia, Taiwan, Malaysia and Rest of APAC), South America (Brazil, Argentina, Colombia, Chile and Rest of South America), Rest of the World (the Middle East and Africa)

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Key Takeaways

The Asia-Pacific region dominates the powder coatings market on account of the increasing construction activities and the recovering automotive industry. According to Invest India, the construction industry in India is expected to reach $1.4 trillion by 2025.

There are two types of powder coatings, thermoplastic and thermoset. Thermoplastic powders are commonly derived from polyolefins, polyvinyl chloride and polyvinyl fluoride while thermosetting powders are derived from acrylic, epoxy and polyester resins.

Thermoplastic powder coating melts and flows when heat is applied but continues to have the same chemical composition once it cools and solidifies. On the other hand, thermoset powder coatings will not melt when heated after curing.

The major opportunity for this market is developing thin-film coatings.

A detailed analysis of strengths, weaknesses, opportunities and threats will be provided in the powder coatings market report.

Powder Coatings Market Segment Analysis – by Resin Type

The thermoset segment held a dominant Powder Coatings Market share in 2021 and is expected to grow at a CAGR of 7.2% during the forecast period of 2022-2027. In the powder coating process, as the powder heats and melts it flows around the surface of the object and undergoes a chemical change called cross-linking which forms a hard and durable coating. Thermosetting coatings do not re-melt when they are cooled after heat is re-applied. In its powdered state, thermoset material tends to have a much lower molecular weight than other coating materials, usually requiring less heat to melt, making it more energy efficient. Thermoset powders are commonly derived from epoxy, acrylic, polyester and polyurethane groups. The most frequently employed are epoxy and polyester-based resins. Epoxy resin-based thermoset powders form a tough impact-resistant coating that has excellent corrosion resistance, so they are used for internal applications. Polyester-based coatings have the added advantage of being highly UV resistant, making them an ideal choice for outdoor applications. Thus, the thermoset segment is anticipated to dominate the powder coatings market.

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Powder Coatings Market Segment Analysis – by Application

The construction segment held a dominant Powder Coatings Market share in 2021 and is expected to grow at a CAGR of 8.3% during the forecast period of 2022-2027. Powder coating can be used for metal components such as door frames, railings, window frames, fencing, shelters, storefronts, façade or other areas of buildings. According to WSP, around 25% of the overall construction cost is the façade, with the metal contributing a major part of the cost. Powder coating can prevent corrosion and minimize re-coating as it imparts a long-lasting coating. The powder coat is more resistant to scratching, fading, erosion or other types of damage that can ruin the aesthetic appeal of a building The latest trend in the construction industry is low-emitting products and sustainable buildings. According to the U.S. Green Building Council (USGBC), 1,105 projects have been certified with LEED certification for green buildings in the U.S. in 2021. Powder coatings are solvent and VOC-free and produce less waste than other coating methods, making them a clear choice for green buildings. Thus, the construction industry is expected to dominate the market.

Powder Coatings Market Segment Analysis – by Geography

The Asia-Pacific region held the dominant Powder Coatings Market share up to 60% in 2021 owing to the rising consumption of powder coatings from the automotive, construction and appliances sector. The construction activities in the region rebounded after the initial lockdown in 2020. The government of India has made several investments in construction and infrastructure to aid in development. As per a report by the Indian Construction Equipment Manufacturers Association (ICEMA), the construction equipment industry recorded a 47% growth in the second quarter of FY2021-22. According to a news report in Reuters, in FY22-23, US$529.7 billion will be invested to further drive economic growth across the country. China’s construction sector is expanding rapidly. according to the National Bureau of Statistics, China’s construction output is estimated to be worth approximately US$4.3 trillion in 2021. China plans to invest US$1.43 trillion in key construction projects as part of its 14th five-year plan. As per the National Development and Reform Commission (NDRC), the Shanghai plans call for a total investment of US$38.7 billion over the next three years. The Japanese construction industry is expected to boom as the World Expo will be hosted in Osaka, Japan in 2025. Therefore, this region is set to dominate the Powder Coatings market.

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Powder Coatings Market Drivers

Environmental Advantages of Using Powder Coatings

Powder coating is the green process of choice for finishing operations. It produces less waste than other finishing processes such as liquid coating. The use of powder coating aids in eliminating waste because, after application, the powder coating overspray can be reclaimed and reused. These types of reclamation practices keep overhead costs low while minimizing environmental impacts. Solvents contain volatile organic compounds (VOCs) which are detrimental to the environment. In liquid coatings, the average VOC content is between 3.5 to 5.5 pounds per gallon, which is approximately one-third to one-half of each gallon of the liquid coating being emitted into the environment during the application process. Since powder coating lines do not require the use of solvents, they do not emit VOCs and can operate with reduced energy, faster curing and lower temperatures. This makes powder coatings highly attractive from an environmental perspective. Innovations in the powder coatings industry strive to make it even better. For instance, in early 2020, Sherwin-Williams General Industrial Coatings division launched the Powdura ECO line made from a resin that uses pre-consumer recycled polyethylene terephthalate (rPET). Thus, the environmental advantages offered by using powder coatings drive the market.

Growing Usage of Powder Coatings in Electric Vehicles

The growth of electric vehicles (EVs) can be attributed to increasing oil prices and growing awareness regarding climate change. According to the International Energy Agency (IEA), in 2021, sales of electric cars (including fully electric and plug-in hybrids) doubled to a new record of 6.6 million. Sales kept rising in 2022 as well, with 2 million electric cars sold worldwide in Q1 2022, up almost 75% compared to Q1 2021. To keep EV motors and batteries operating efficiently, it’s important to maintain an optimum temperature range. Sometimes EV motors can generate operating temperatures that may exceed 200°C. Powder coatings are used to insulate battery boxes and isolate thermal activity. To take advantage of the growing EV market, powder coating manufacturers are launching products that cater to EVs. For instance, in January 2022, Arkema announced high-voltage coating solutions for electric vehicles. The two new polyamide 11 powder coating grades with UL certification were introduced for use in electric vehicle battery systems and other applications. Thus, the growing usage of powder coatings for EVs drives the market.

Powder Coatings Market Challenge

High Initial Investment

The major restraint in the Powder Coatings market is the high initial investment required to set up the powder coating equipment. Liquid coating applications only require a spray gun and a spray area. Comparatively, a powder coating workshop needs a spray gun, spray booth and curing oven. The addition of the curing oven adds significantly to the initial start-up costs for powder coating. The size of the curing oven purchased needs to take into account the maximum part size that can effectively be handled. Larger, thicker and heavier parts require a larger and more powerful oven, which further adds to the overall equipment costs. While metals can be powder coated using electrostatic spray deposition, non-metals require a fluidized bed powder coating application. The need for a fluidized bed also increases the overall equipment costs for the establishment of a complete powder coating facility. This can prove to be a challenge for the powder coatings market.

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Powder Coatings Industry Outlook

Product launches, acquisitions and R&D activities are key strategies adopted by players in the Powder Coatings market. The top 10 companies in the Powder Coatings Market are:

PPG Industries

AkzoNobel Powder Coatings

BASF SE

Axalta Coating Systems

The Sherwin Williams Company

Jotun

Valspar Corporation

Nippon Paint Holdings Co. Ltd.

Kansai Nerolac Paints Limited

Tiger Coatings

Recent Developments

In June 2022, Polychem launched a new powder coating collection called the Effects Collection. The collection features powder special effects, such as speckles, translucents, metallics, sparkle translucent, veins, patina effects, river textures, fine textures and dramatic illusion colors, available in a variety of colors.

In May 2022, AkzoNobel Powder Coatings launched a comprehensive range of ready-to-ship powder coatings ranges specifically for the North American market. The range comprises approximately 500 unique powder coatings, with a broad variety of premium quality colors, textures and finishes.

In February 2022, PPG announced that it has entered into an agreement to acquire the powder coatings business of Arsonsisi, an industrial coatings company based in Milan, Italy. The acquisition will enable PPG to expand its powder coatings offering in the Europe, Middle East and Africa (EMEA) region.

[sonali2345]

"Scrolling into the Future: Innovations in Dry Scroll Vacuum Pumping" 

As the prevalence of electronics and semiconductors continues to rise, the industry is increasingly turning to dry vacuum pumps for various applications, including coating and drying processes. These dry vacuum pumps find utility across a range of end-use sectors, such as electronics and semiconductors, pharmaceuticals, and chemicals. Their applications span vacuum drying, mixing, de-aeration, filtering, particle transfer, material handling, and even in scientific tools like laser scanning microscopes. In the past, industrial applications predominantly relied on oil-filled vacuum pumps, but the demand for safety and cleanliness has prompted the adoption of oil-free or dry vacuum pumps, particularly in industrial and laboratory settings. 

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅 𝐁𝐫𝐨𝐜𝐡𝐮𝐫𝐞 : https://www.alliedmarketresearch.com/request-toc-and-sample/15220  

COVID-19 Impact Analysis: 

The outbreak of the COVID-19 pandemic had a detrimental impact on the dry scroll vacuum pumps market. Shutdowns in industries including oil and gas, food, automotive, power, chemical, construction, and water treatment led to reduced demand for dry scroll vacuum pumps. Lockdown measures implemented due to the pandemic disrupted the production of these pumps and caused disruptions in the global supply chain, resulting in a decrease in demand and a decline in revenue for the dry scroll vacuum pumps market. 

Key Impacting Factors: 

Over the past two decades, dry running and contact-free dry vacuum pumps have emerged as an attractive choice globally, offering energy efficiency and noise reduction. The advantages of dry vacuum pumps include the delivery of clean, high-quality vacuum, extended operational life, consistent performance, quick integration and installation, substantial access features for maintenance, and real-time data availability without time lag. The dry vacuum pumps sector has evolved into a high-value market with robust growth rates in recent times. It is expected to continue growing steadily in the foreseeable future. The growing adoption of dry vacuum pumps in the electronics and semiconductor industries, as well as the pharmaceutical sector, is expected to drive this growth further. 

𝐄𝐧𝐪𝐮𝐢𝐫𝐲 𝐁𝐞𝐟𝐨𝐫𝐞 𝐁𝐮𝐲𝐢𝐧𝐠 : https://www.alliedmarketresearch.com/purchase-enquiry/15220  

Market Trends: 

Increased investments in the electronics, semiconductor, and pharmaceutical industries in the Asia-Pacific region are expected to boost the growth of the dry vacuum pump market. 

The market's expansion is being fueled by increased investments from countries like Germany, Japan, South Korea, and the U.S. in regions such as India and Brazil. 

In addition to leading players in the global dry vacuum pumps market, regional businesses are also contributing to market growth. 

Collaboration with sales and service organizations has been a significant strategy for major market participants to enhance their market presence. 

While the availability of low-cost products from Chinese companies concerns major manufacturers, mergers, acquisitions, and partnership initiatives by large players are compelling end-users to adopt modern dry vacuum pumps. 

Key Benefits of the Report: 

This report offers an analytical overview of the dry scroll vacuum pumps industry, providing insights into current trends and future investment opportunities. 

It presents information related to key drivers, restraints, and opportunities, along with a detailed analysis of market share. 

The report quantitatively analyzes the market's growth and uses Porter's five forces analysis to assess the market's competitive dynamics. 

𝐆𝐞𝐭 𝐚 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐞𝐝 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭:  https://www.alliedmarketresearch.com/request-for-customization/15220  

Dry Scroll Vacuum Pumps Market Report Highlights: 

By Product Type: 

Dry Screw Vacuum Pump 

Dry Scroll Vacuum Pump 

Dry Diaphragm Vacuum Pump 

Dry Claw and Hook Pump 

Others (Dry Lobe Vacuum Pump and Dry Rotary Vane Vacuum Pump) 

By End-User Industry: 

Electronics & Semiconductor Industry 

Pharmaceutical Industry 

Chemical Industry 

Others (Printing Industry, Packaging Industry, Food and Beverages Industry) 

By Region: 

Asia-Pacific (China, India, Japan, South Korea, Rest of Asia-Pacific) 

North America (U.S., Canada, Mexico) 

Europe (Germany, United Kingdom, France, Italy, Rest of Europe) 

LAMEA (Brazil, UAE, Saudi Arabia, South Africa, Rest of LAMEA) 

Key Market Players: 

Anest Iwata 

SKY Technology Development 

Air Squared 

Edwards 

Agilent 

ULVAC 

Labconco 

Leybold 

Geowell 

Busch 

ScrollTEC 

Please feel free to let me know if you need further information or revisions. 

Regenerate 

[industrialresearch]

Global vacuum pumps market size was valued at $5.4 billion in 2021, and is projected to reach $9.3 billion by 2031, growing at a CAGR of 5.5% from 2022 to 2031.

[simultechaustralia]

Test The Altitude Effects Correctly with Altitude Chamber

Altitude, or you can say pressure testing, has become crucial for industrial, consumer, and military applications where components or products are required to work in low-pressure situations. These products need to be durable enough to handle rapid decompression easily. So, if you are manufacturing products for such industries, you must make sure that all the products meet the required standard. And for this, you can use an industry-grade pressure or altitude chamber. Read on to explore more about these chambers and how they can help you in your production line.

A Crucial Testing Chamber for Many Industries

Altitude or pressure chambers are designed to effectively simulate the temperature, vacuum as well as the altitude of various environmental conditions. The primary purpose of these chambers is to ensure that the parts and components can handle the pressure while shipping viaair. Different from a hypobaric test chamber, a modern pressure chamber can combine different factors, such as humidity, vibrations, icing, temperature,etc. By considering all these elements, you can create ideal real-world testing situations for effective analysis. These machines are widely used in automotive, aerospace, power, defence and other industries. And it is forecasted that altitude test chamber will grow at a CAGR of 5.5 percent in the coming years.

(Reference: https://dataintelo.com/report/global-altitude-test-chamber-market/).

Exploring Major Uses for These Chambers

Industrial altitude testing chambers are designed to create combined and extreme environments. As a result, it becomes easier for you to evaluate the resilience, strength as well as capabilities of products or components. However, there are certain vital considerations to remember if you want to invest in a modern altitude chamber. Let’s have a look at them:

Low And High Altitude

By using power vacuum pumps installed in the pressure chamber, you can easily create atmospheric conditions of up to 100,000 feet. On the other hand, to simulate situations like a sudden decrease in cabin pressure, you can use the rapid decompression features. Different situations can be simulated by adjusting instruments and programmed controls. It can be said that these powerful machines can greatly help with product improvement.

Temperature Testing

Equipped with advanced features,an altitude testing chamber can also offer a combined temperature and altitude simulation. However, while testing, ensure you adhere to the required test standards. These chambers meet the aeronautical environmental test norms and support different temperature profiles. Besides, some chambers come with an advanced cascade system that utilizes a refrigerant to lower the temperature. It supports a temperature range between -40-to-180-degree C.

Humidity Testing

Through humidity testing, you can test the longevity of different flight components under special circumstances. This test checks the durability of metals used, paints, coating, etc. By effectively diagnosing the humidity effects, you can extend your products’ lifespan. It can operate between a humidity range of 10-98 percent.

Vibration Testing

With an altitude chamber, it is possible to conduct vibration testing. That helps you know whether the components or parts can withstand vibrations’ effects. The machine will simulate various transportation conditions. With this test, you can determine the part’s point of failure. The data you will get from the machine can be analyzed for product improvement and other developments.

Final Words

With the best altitude chamber, you can easily examine the capabilities, resilience, and durability of components, instruments, and parts utilized in the aerospace industry. You can ensure that the products will perform at their maximum level under any condition. So, get in touch with a trusted supplier and buy this testing chamber now!

Blog Source:https://simultechaustralia.wordpress.com/2023/08/14/test-the-altitude-effects-correctly-with-altitude-chamber/

[esgdatainrate]

IE4 Permanent Magnet Synchronous Motors Forecast to 2031 with Key Companies Profile, Supply, Demand and SWOT Analysis

IE4 Permanent Magnet Synchronous Motors Market Outlook — 2025

The global IE4 permanent magnet synchronous motors market size was valued at $85,153 thousand in 2013, and is projected to reach $206,623 thousand by 2025, growing at a CAGR of 9.8% from 2018 to 2025. IE4 permanent magnet synchronous motors is a super-premium efficiency class motor, which is designed and manufactured according to the energy efficiency motors program to encourage end users to use higher efficiency motors. The aim of utilization of IE4 permanent magnet synchronous motors is to reduce energy consumption and minimize CO2 emissions. These motors are further used to drive industrial fans, pumps, compressors, and other mechanical applications, which fuel their adoption.

In addition, IE4 motors find their application in numerous robotic processes. Factors such as speed, acceleration, torque requirements, control, and angular movements make IE4 motors an ideal choice for robotic system manufacturers. Efficiency and performance have increased owing to rising demand for superior machine control, thereby improving the performance of equipment where IE4 motors are installed. Efficiency and performance have increased owing to rising demand for superior machine control.

Upsurge in adoption of green technologies is gaining popularity across the world. The benefits energy-efficient IE4 motors offer over standard motors include low fan losses and high-quality insulation & lamination. Such factors have a prominent impact on the demand for energy-efficient IE4 motors across various end-use industries. In addition, implementation of stringent regulations and laws related to the environment, such the EP Act and Minimum Energy Performance Standards (MEPS), drives the demand for these motors across the globe. Industries such as material handling systems, compressed air, HVAC, refrigerators, pumps, and ventilation serve as the key consumers of energy-efficient IE4 motors, thus fueling their demand across the globe. In addition, the blowers and the wind power sectors are anticipated to exhibit high demand for these motors in the coming years.

On the basis of application, the market is classified into material handling, liquid pumps, fans & ventilation, cooling compressors, air compressors & vacuum pumps, blowers, and coolers. In 2017, the air compressors & vacuum pumps segment held the largest share, due to increase in demand for compressors systems in manufacturing and automotive industries.

Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. In 2017, Asia-Pacific accounted for the highest share, and is anticipated to secure the leading position during the forecast period. This is attributed to industrial growth in the developing countries such as India and China. China is a pioneer in the IE4 permanent magnet synchronous motors market. Therefore, IE4 permanent magnet synchronous motors market share is highest among the Asia-Pacific countries.

Competition Analysis

The major players operating in the global IE4 permanent magnet synchronous motors market include ABB, Altra Industrial Motion Corp, Anhui Wannan Electric Machine Co., Ltd., Bharat Bijlee, CG global, Danfoss, Fuji Electric Co., Ltd., Hitachi Ltd., Kaeser Kompressoren, Kienle + Spiess GmbH, KSB SE & Co. KGaA, Lafert, Merkes GmbH, Nidec, NORD Drive systems, O.M.E. Motori Elettrici s.r.l., OEMER, Siemens AG, Toshiba Corporation, Weg S.A., and VEM Group. Key players adopted product launch and partnership as its key developmental strategy to sustain the intense competition and improve its product portfolio. For instance, in December 2017, Nord Drivesystems expanded its portfolio of smooth-surface permanent-magnet synchronous motor by launching IE4 or Super Premium Efficiency synchronous motors for applications in food, beverage, and pharmaceutical industries. similarly, in January 2019, WEG S.A, established partnership with Iberian pork producer located in Badajoz, Spain. According to the partnership agreement WEG S.A has provided a W22 Magnet IE4 electric motors for compressors operation of its new refrigeration unit at the Mafresa facilities for cold production.

Many competitors in IE4 permanent magnet synchronous motors market adopted product launch and partnership as its key developmental strategies to sustain the intense competition and improve their product portfolio. For instance, Kaeser established partnership with a renowned motor manufacturer to develop IE4 motors for next-generation compressor packages. Moreover, in December 2017, Nord Drive Systems expanded its portfolio of smooth-surface permanent-magnet synchronous motor by launching IE4 or super-premium efficiency synchronous motors for applications in food, beverage, and pharmaceutical industries.

Full Report With TOC:-https://www.alliedmarketresearch.com/ie4-permanent-magnet-synchronous-motors-market

[marketresearchcapture]

The Automotive Electric Vacuum Pump market report is a perfect foundation for people looking out for a comprehensive study and analysis of the Automotive Electric Vacuum Pump market. On the basis of historic growth analysis and current scenario of Automotive Electric Vacuum Pump market place, the report intends to offer actionable insights on global market growth projections. Authenticated data presented in report is based on findings of extensive primary and secondary research. Insights drawn from data serve as excellent tools that facilitate deeper understanding of multiple aspects of global Automotive Electric Vacuum Pump market. This further helps user with their developmental strategy.

[data-bridge]

Vehicle Electrification Market Surge to Witness Huge Demand at a CAGR of 11.6% during the forecast period 2028

Industry Analysis

Vehicle electrification market is expected to witness market growth at a rate of 11.6% in the forecast period of 2021 to 2028. Data Bridge Market Research report on vehicle electrification market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rise in the demand for alternatives to petroleum-based fuels from the automotive industry is escalating the growth of vehicle electrification market.

Get a Free Sample of The Report: https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-vehicle-electrification-market

Market Insights and Scope    

Vehicle electrification is referred to a variety of technologies that utilizes electricity to boost a vehicle. Electric vehicles are designed in order to run on electricity, and the utilization of fossil fuels is decreased. Electric vehicles are also expected to assist in accomplishing the target of low carbon emissions from vehicles.

The Vehicle Electrification Market report encompasses various segments linked to Automotive industry and market with comprehensive research and analysis. These comprise industry outlook with respect to critical success factors (CSFs), industry dynamics that mainly covers drivers and restraints, market segmentation & value chain analysis, key opportunities, application and technology outlook, regional or geographical insight, country-level analysis, key company profiles, competitive landscape, and company market share analysis. All the data, figures and information are backed up by well recognized analysis tools which include SWOT analysis and Porter’s Five Forces analysis. So, take business to the peak level of growth with the all-inclusive Data Bridge Market research report.

Get full access to the report: https://www.databridgemarketresearch.com/reports/global-vehicle-electrification-market

Industry Segmentation and Size

The vehicle electrification market is segmented on the basis of product type, voltage, vehicle type, degree of hybridization, channel type. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets. 

On the basis of product type, the vehicle electrification market has been segmented into start-stop, EPS, liquid heater PTC, electric air conditioner compressor, electric vacuum pump, electric oil pump, electric water pump, thermoelectric generator, electric turbocharger, starter motor, alternator, ISG and actuator.

On the basis of voltage, the vehicle electrification market has been segmented into 12V, 14V, 24V, 48V.

On the basis of vehicle type, the vehicle electrification market has been segmented into passenger car (PC), two-wheeler, light-commercial vehicle (LCV) and heavy commercial vehicle (HCV).

On the basis of degree of hybridization, the vehicle electrification market has been segmented into ICE and micro hybrid vehicle, hybrid electric vehicle (HEV), plug-in hybrid electric vehicle (PHEV), battery electric vehicle (BEV) and FCEV, 48 V Vehicle.

On the basis of channel type, the vehicle electrification market has been segmented into OEMs and aftermarket.

Market Country Level Analysis

The countries covered in the vehicle electrification market report are the

U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC)  in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).

A reliable Vehicle Electrification Market marketing report proves to be the finest and excellent market research report as it is formulated with the following critical factors. These consist of primary research, benchmarking studies, secondary research, company profiles, competitive intelligence & reporting, syndicated research, data collection, data processing and analysis, survey design, and survey programming. The report performs market study and analysis to provide market data by considering new product development from beginning to launch. The Automotive business report also provides evaluations based on the market type, organization size, availability on-premises, end-users’ organization type, and the availability in areas such as North America, South America, Europe, Asia-Pacific and Middle East & Africa.

Industry Share Analysis

The major players covered in the vehicle electrification market report are

Ford Motor Company, Volkswagen AG, Continental AG, Robert Bosch GmbH, Magna International Inc., Westfalia-Automotive GmbH, TowGo, LLC, WABCO, Carit Automotive GmbH & Co. KG, Daimler AG., Valeo, Garmin Ltd., Cogent Embedded, Inc., DornerWorks, Ltd., Jaguar Land Rover Limited, POCLAIN HYDRAULICS, General Motors, BorgWarner Inc., DENSO CORPORATION, Johnson Electric Holdings Limited, among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately.

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Global Automotive Vacuum Pump Market Size, Share, Analysis, Demand, Scope, Opportunity Future and Forecast Till 2024

Fast Market Research has presented a detailed report on  “Automotive Vacuum Pump Market – By Application (Passenger Cars, Light Commercial Vehicle and Heavy Commercial Vehicle), & Global Region – Market Size, Trends, Opportunity, Forecast 2018-2024” which includes the major application, advantages, and key market trends that are fostering the growth of the market during the forecasted span of 6 years. The research takes a step forward and analyzes the key competitors and global regions that are holding the market share Automotive Vacuum Pump Market in terms of revenue.

Access Sample Copy of This Report – https://www.fastmr.com/request-s/33

Global automotive vacuum pump market is anticipated to reach USD 12,233.8 Million by the end of 2024 from USD 7,684.5 Million in 2018. The global automotive vacuum pump market is expected to flourish at a CAGR of 8.6% in the terms of value during the time period i.e. 2019-2024. The automotive industry is seeing strong investments which is expected to spur the growth of automotive vacuum pump market.

Market Dynamics

Growth Drivers – Automotive Vacuum Pump Market

Rising Sales of Electric Vehicles

In recent years, electric vehicles have witnessed dynamic market uptake across the globe especially in countries such as China, France, Germany and Norway. Further, ongoing electrification of vehicles coupled with the use of electric vacuum pumps in electric cars, recreational EV vehicles, hybrid cars, and other high-performance vehicles are expected to bolster the growth of automotive vacuum pump market in upcoming years.

Growing Automotive Aftermarket Industry

Over the last decade, the automotive aftermarket industry has been growing remarkably parallel to the automotive industry. According to Automotive Aftermarket Products Expo (AAPEX), global automotive aftermarket industry has grown to USD 740 Billion. Since the average age of vehicles is increasing, the demand for automotive components including vacuum pumps in the aftermarket will also be rising in the future.

Technological Advancements

In recent years, automotive vacuum pumps have gone through numerous technological advancements. The manufacturers are continuously advancing their products in order to improve their performance, durability and power efficiency. Further, rapidly changing automotive environmental policy is also making manufacturers t0 develop products that can fulfill meet strict new requirements. Also, a rising trend for powertrain electrification is another major factor which is likely to escalate the demand for electric vacuum pumps in upcoming years.

Segmentation

By Application:

– Passenger Cars

– Light Commercial Vehicle

– Heavy Commercial Vehicle

By Geography

– North America (U.S. & Canada)

– Europe (Germany, United Kingdom, France, Italy, Spain, Russia and Rest of Europe)

– Asia Pacific (China, India, Japan, South Korea, Indonesia, Taiwan, Australia, New Zealand and Rest of Asia Pacific)

– Latin America (Brazil, Mexico, Argentina and Rest of Latin America)

– Middle East & Africa (GCC, North Africa, South Africa and Rest of the Middle East & Africa)

Competitive Landscape

The report profiles various major market players such as

Rheinmetall Automotive AG

HELLA GmbH & Co. KGaA

WABCO

Fuxin Dare Automotive Parts Co. Ltd.

Mikuni Corporation

Nabtesco Automotive Corporation

Ningbo Tuopu Group Co. Ltd.

Bosch Automotive Aftermarket

Magna International Inc.

Zhejiang VIE Science & Technology Co., Ltd.,

Other Major & Niche Players

Find Complete Report With Full TOC – https://www.fastmr.com/report/automotive-vacuum-pump-market

Table of Contents

Research Methodology

Market Definition and List of Abbreviations

Executive Summary

Growth Drivers & Issues in Global Automotive Vacuum Pump Market

Global Automotive Vacuum Pump Market Value (USD Million), 2018-2024

Global Automotive Vacuum Pump Market Segmentation Analysis, By Application

4.1. Introduction

4.2. Passenger Cars Market Value (USD Million) Forecast, 2018-2024

4.3. Light Commercial Vehicles Value (USD Million) Forecast, 2018-2024

4.4. Heavy Commercial Vehicles Market Value (USD Million) Forecast, 2018-2024

Geographical Analysis

5.1. North America Market Value (USD Million) Forecast, 2018-2024

5.1.1. By Application

5.1.1.1. Introduction

5.1.1.2. Passenger Cars Market Value (USD Million) Forecast, 2018-2024

5.1.1.3. Light Commercial Vehicles Value (USD Million) Forecast, 2018-2024

5.1.1.4. Heavy Commercial Vehicles Market Value (USD Million) Forecast, 2018-2024

5.1.2. By Country

5.1.2.1. Introduction

5.1.2.2. U.S. Market Value (USD Million) Forecast, 2018-2024

5.1.2.3. Canada Market Value (USD Million) Forecast, 2018-2024

5.2. Europe Market Value (USD Million) Forecast, 2018-2024

5.2.1. By Application

5.2.1.1. Introduction

5.2.1.2. Passenger Cars Market Value (USD Million) Forecast, 2018-2024

5.2.1.3. Light Commercial Vehicles Value (USD Million) Forecast, 2018-2024

5.2.1.4. Heavy Commercial Vehicles Market Value (USD Million) Forecast, 2018-2024

5.2.2. By Country

5.2.2.1. Introduction

5.2.2.2. Germany Market Value (USD Million) Forecast, 2018-2024

5.2.2.3. United Kingdom Market Value (USD Million) Forecast, 2018-2024

5.2.2.4. France Market Value (USD Million) Forecast, 2018-2024

5.2.2.5. Italy Market Value (USD Million) Forecast, 2018-2024

5.2.2.6. Spain Market Value (USD Million) Forecast, 2018-2024

5.2.2.7. Russia Market Value (USD Million) Forecast, 2018-2024

5.2.2.8. Rest of Europe Market Value (USD Million) Forecast, 2018-2024

5.3. Asia Pacific Market Value (USD Million) Forecast, 2018-2024

5.3.1. By Application

5.3.1.1. Introduction

5.3.1.2. Passenger Cars Market Value (USD Million) Forecast, 2018-2024

5.3.1.3. Light Commercial Vehicles Value (USD Million) Forecast, 2018-2024

5.3.1.4. Heavy Commercial Vehicles Market Value (USD Million) Forecast, 2018-2024

5.3.2. By Country

5.3.2.1. Introduction

5.3.2.2. China Market Value (USD Million) Forecast, 2018-2024

5.3.2.3. India Market Value (USD Million) Forecast, 2018-2024

5.3.2.4. Japan Market Value (USD Million) Forecast, 2018-2024

5.3.2.5. South Korea Market Value (USD Million) Forecast, 2018-2024

5.3.2.6. Indonesia Market Value (USD Million) Forecast, 2018-2024

5.3.2.7. Taiwan Market Value (USD Million) Forecast, 2018-2024

5.3.2.8. Australia Market Value (USD Million) Forecast, 2018-2024

5.3.2.9. New Zealand Market Value (USD Million) Forecast, 2018-2024

5.3.2.10. Rest of Asia Pacific Market Value (USD Million) Forecast, 2018-2024

5.4. Latin America Market Value (USD Million) Forecast, 2018-2024

5.4.1. By Application

5.4.1.1. Introduction

5.4.1.2. Passenger Cars Market Value (USD Million) Forecast, 2018-2024

5.4.1.3. Light Commercial Vehicles Value (USD Million) Forecast, 2018-2024

5.4.1.4. Heavy Commercial Vehicles Market Value (USD Million) Forecast, 2018-2024

5.4.2. By Country

5.4.2.1. Introduction

5.4.2.2. Brazil Market Value (USD Million) Forecast, 2018-2024

5.4.2.3. Mexico Market Value (USD Million) Forecast, 2018-2024

5.4.2.4. Rest of Latin America Market Value (USD Million) Forecast, 2018-2024

5.5. Middle East & Africa Market Value (USD Million) Forecast, 2018-2024

5.5.1. By Application

5.5.1.1. Introduction

5.5.1.2. Passenger Cars Market Value (USD Million) Forecast, 2018-2024

5.5.1.3. Light Commercial Vehicles Value (USD Million) Forecast, 2018-2024

5.5.1.4. Heavy Commercial Vehicles Market Value (USD Million) Forecast, 2018-2024

5.5.2. By Geography

5.5.2.1. Introduction

5.5.2.2. GCC Market Value (USD Million) Forecast, 2018-2024

5.5.2.3. North Africa Market Value (USD Million) Forecast, 2018-2024

5.5.2.4. South Africa Market Value (USD Million) Forecast, 2018-2024

5.5.2.5. Rest of Middle East & Africa Market Value (USD Million) Forecast, 2018-2024

Competitive Landscape

6.1. Market Share of Key Players

6.2. Company Profiles*

6.2.1. Rheinmetall Automotive AG

6.2.2. HELLA GmbH & Co. KGaA

6.2.3. WABCO

6.2.4. Fuxin Dare Automotive Parts Co. Ltd.

6.2.5. Mikuni Corporation

6.2.6. Nabtesco Automotive Corporation

6.2.7. Ningbo Tuopu Group Co. Ltd.

6.2.8. Bosch Automotive Aftermarket

6.2.9. Magna International Inc.

6.2.10. Zhejiang VIE Science & Technology Co., Ltd.

6.2.11. Other Major & Niche Players

About Us:

FAST. MR is a global market research and business-consulting organization that aims to provide a deep market insight to our clients, which helps them in better decision making in the dynamic environment. We have a team of highly qualified personnel that studies the market in depth to provide our clients with better strategies to stand out in the market.

Contact Us:

Jason Lee

150 State Street, Albany,

New York, USA 12207

+1 (518) 300-1215

Email: sales@fastmr.com

Website: www.fastmr.com

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Vacuum Sucker Market Size, Share 2024 to 2032

The Reports and Insights, a leading market research company, has recently releases report titled “Vacuum Sucker Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2031.” The study provides a detailed analysis of the industry, including the global Vacuum Sucker Market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights:

How big is the Vacuum Sucker?

The global vacuum sucker market revenue was USD 860.61 Million in 2021. The expected revenue CAGR over the forecast period is 6.4% and the market value is expected to reach USD 1127.26 Million in 2031.

What are Vacuum Sucker Market?

A vacuum sucker is a device crafted to generate suction by eliminating air or other gases from a confined space, inducing a partial vacuum. It usually involves a pump or mechanism that evacuates air from an enclosed area, generating negative pressure, consequently attracting fluids, particles, or objects towards the vacuum source. Vacuum suckers are utilized in a wide range of applications, ranging from household vacuum cleaners employing suction to eliminate dirt and debris to industrial settings where they play a crucial role in material handling, packaging, and diverse manufacturing processes requiring the extraction of air or gases.

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What are the growth prospects and trends in the Vacuum Sucker Market industry?

The vacuum sucker market growth is driven by various factors. The vacuum sucker market is witnessing robust growth, driven by a rising demand across various industries. These devices, designed to generate suction and create a partial vacuum, are finding increased applications in manufacturing, packaging, and material handling sectors. The market is experiencing continuous expansion with technological advancements, leading to product innovations and improved capabilities. Globally, the vacuum sucker market is characterized by competitiveness, as key players emphasize research and development to introduce efficient and adaptable suction solutions that meet the evolving requirements of diverse industries. Recognizing the advantages of vacuum suckers in enhancing processes and efficiency, industries are contributing to the ongoing expansion of the market. Hence, all these factors contribute to vacuum sucker market growth.

What is included in market segmentation?

The report has segmented the market into the following categories:

By Type:

Electric Vacuum Suckers

Pneumatic Vacuum Suckers

Hybrid Vacuum Suckers

By End-Use Industry:

Automotive

Electronics

Food & Beverage

Packaging

Pharmaceutical

Logistics & Warehousing

Others

By Application:

Material Handling

Assembly & Robotics

Pick & Place

Packaging & Palletizing

Inspection & Testing

Others

By Sales Channel:

Direct Sales

Distributors/Wholesalers

E-commerce

Global Market Segmentation by Region:

North America:

United States

Canada

Europe:

Germany

United Kingdom

France

Italy

Spain

Russia

Poland

BENELUX

NORDIC

Rest of Europ

Asia Pacific:

China

Japan

India

South Korea

ASEAN

Australia & New Zealand

Rest of Asia Pacific

Latin America:

Brazil

Mexico

Argentina

Rest of Latin America

Middle East & Africa:

Saudi Arabia

South Africa

United Arab Emirates

Israel

Rest of MEA

Who are the key players operating in the industry?

The report covers the major market players including:

Piab AB

Schmalz Inc.

Festo AG & Co. KG

SMC Corporation

Aventics GmbH

VACUUBRAND GMBH + CO KG

Vaccon Company, Inc.

SMC Corporation of America

Pneumadyne, Inc.

Schmalz GmbH

Vuototecnica S.p.A.

DESTACO, a Dover Company

ANVER Corporation

AERO-LIFT Vakuumtechnik GmbH

VMECA Co., Ltd.

Discover more: https://www.reportsandinsights.com/report/Vacuum Sucker-market

If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.

About Us:

Reports and Insights consistently mееt international benchmarks in the market research industry and maintain a kееn focus on providing only the highest quality of reports and analysis outlooks across markets, industries, domains, sectors, and verticals. We have bееn catering to varying market nееds and do not compromise on quality and research efforts in our objective to deliver only the very best to our clients globally.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

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Electric Motor Market - Forecast(2024 - 2030)

 Electric Motor Market Overview

Electric Motor Market Size is forecast to reach $169 billion by 2030, at a CAGR of 5.6% during 2024-2030. The increase in global electricity consumption and the use of electrical equipment and machines in different industries and the renewables sector are major factors driving the growth in the electric motor market during the forecast period. An increase in awareness of green vehicles among customers has been a key factor leading the market. Besides this, a rising number of government incentives to encourage sales of green vehicles for safeguarding the environment from carbon emissions is analysed to drive the market. The growing interest in sustainable transportation has driven the demand for electric vehicles. Electric motors play a crucial role in powering EVs, and advancements in motor technology contribute to increased efficiency and range. The industrial sector is witnessing the integration of electric motors with the Internet of Things (IoT) and Industry 4.0 technologies. This integration allows for real-time monitoring, predictive maintenance, and improved efficiency in industrial processes.

Smart motor technologies, incorporating features like connectivity, sensors, and advanced control systems, are becoming more prevalent. These innovations contribute to better performance, remote monitoring, and enhanced automation in various applications. Developments in motor control systems, including advanced algorithms and power electronics, contribute to improved motor performance, reduced energy losses, and enhanced control precision. There is an increasing emphasis on developing more energy-efficient electric motors to meet sustainability goals and reduce energy consumption. Regulations and standards promoting energy efficiency also influence the design and manufacturing of electric motors. Additionally, Electric motors have been observing several advancements in technology over the past few years, owing to which its demand is set to gain higher traction during the forecast period 2024-2030.

Report Coverage

The report: “Electric Motor Market Report– Forecast (2024-2030)”, by IndustryARC covers an in-depth analysis of the following segments of the Electric Motor market

By Product Type: AC Motor (Induction Motor, Synchronous Motor, Servo Motor, Stepper Motor), DC Motor (Brushed DC Motor, Brushless DC Motor, Servo Motor, Series Motor, Stepper motor, Compound Motor).

By Product Category: Permanent Magnet, Non-Permanent Magnet.

By Phase: Single Phase, Three Phase.

By Power Rating: Below 0.5W, 0.5W-1W, 1W to 100W, 100W to 1KW, 1KW to 10KW, 10KW and Above.

By Efficiency: IE1, IE2, IE3, IE4.

By Application: Commercial (Automated Doors, Elevators & Escalators, Blowers, Electric Sweepers, Hand Dryers, Data Center & UPS, Pumps, Power Tools, Water Coolers, Camera PTZ Control, Drones, Others), Consumer Products (Pumps, Hair Dryers, Lawn Mowers, Boilers, Dishwashers, Vacuum Cleaners, washing machine, Blenders & Mixers, Fans & Chimneys, Desktop & Laptops, Smartphones, Refrigerators, Others), Automotive (Body Control motors, EPS Motors, Brake Booster BLDC Motor, Seat Adjustment, Belt Tensioner, Car Window Motor, Door Lock Motors, Wiper Motor, Others), Medical & Healthcare (Diagnostic Equipment (CT Scanners, MRI, Biopsy Systems, Diagnostics Analyzers, Ultrasound Transducers, X-Ray, Others), Medical Centrifuges, Medical Pumps, Blowers and Compressors, Surgical Instruments (Saws, Drills, Surgical Robots, Others), Dental CAD/CAM Milling Machines, Exoskeleton & Prosthetics, Microscopes, Wheelchairs & Scooters, Stair Lifts, Hospital Beds & Exam Tables, Others).

By Geography: North America (U.S, Canada, Mexico), South America(Brazil, Argentina and others), Europe(Germany, UK, France, Italy, Spain, Russia, Netherlands, Poland, Czechia, Belgium, Sweden  and Others), APAC(China, Japan India, SK, Aus and Others), and RoW (Middle East and Africa)

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Key Takeaways

• The rising demand for efficient energy usage over concerns of environmental impact of energy generation from conventional sources such as coal and natural gas, is expected to help grow the electric motor market in APAC.

• The DC Motor segment is growing at a significant CAGR of 7.6% in the forecast period 2024-2030. A DC motor consists of a stator and a rotor.

• Medical & Healthcare sector is expected to witness a highest CAGR of 8.5% the forecast period 2024-2030, due to its extensive reliance on electrically powered devices and equipment. Diagnostic imaging equipment, such as MRI and CT scanners, demands high-performance electric motors for precise movements and accurate imaging. 

• Electric Motor companies are strengthening their position through mergers & acquisitions and continuously investing in research and development (R&D) activities to come up with solutions to cater to the changing requirements of customers. 

Electric Motor Market Segment Analysis - By Product Type

The DC Motor segment is expected to grow at a significant CAGR of 7.6% during the forecast period 2024-2030. Owing to the growing penetration of brushless DC motors across various industry verticals substituting brushed dc and even ac induction motors in certain applications such as home appliances. DC motors are used in electric vehicles in the automotive industry for various non-traction applications, contributing to the ongoing shift towards sustainable transportation. As the demand for electric vehicles grows, so does the demand for efficient and dependable DC motors. DC motors are also widely used in industrial automation, powering conveyor systems, robotics, and manufacturing equipment. Owing to the ease of control, they are suitable for accurate and regulated movements in automated processes.

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Electric Motor Market Segment Analysis - By Application

Medical & Healthcare sector is expected to witness a highest growth of CAGR 8.5% during the forecast period 2024-2030, owing to the increase in investments in healthcare and medical sector, along with growing penetration of advanced medical devices & equipment in the sector such as surgical robots, advanced imaging & diagnostic equipment, prosthetics and so on. Medical advances and technical improvements have resulted in the development of a wide range of medical instruments and gear that significantly rely on the precision and efficiency provided by electric motors. High-performance electric motors are required for precise motions and accurate imaging in diagnostic imaging equipment such as MRI and CT scanners. Electric motors provide stability and consistency to patient care and monitoring systems such as infusion pumps and monitoring equipment. Furthermore, the incorporation of electric motors in mobility aids such as electric wheelchairs and patient lifts improves accessibility for people who have mobility issues. Electric motors are used in laboratory equipment, robotic surgical systems, and a variety of medical tools, all of which contribute to the overall efficiency and improvement of healthcare techniques. The demand for electric motors is on the rise as the healthcare industry evolves and adopts more technologically sophisticated solutions, fueling additional innovation in this critical sector.

Electric Motor Market Segment Analysis - By Geography 

Electric Motor market in Asia-Pacific region held significant market share of 38% in 2023. Increasing compliance for energy efficient motors and rising adoption of motor-driven electric vehicles are the key factors driving market growth.  The rising demand for efficient energy usage over concerns of environmental impact of energy generation from conventional sources such as coal and natural gas, is expected to help grow the electric motor market. In addition, advancements in the agriculture sector and enormous investments in industrialization in countries such as China, India, South Korea, and Australia is driving the market growth. Further, the increasing production and sales of electric vehicles in countries including China and Japan is also analyzed to drive the market growth. 

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Electric Motor Market Drivers

Rise in demand for Electric Vehicles

The electric car market has witnessed rapid evolution with the ongoing developments in automotive sector and favorable government policies and support in terms of subsidies and grants, tax rebates. Major manufacturers such as General Motors, Toyota, and BMW plan to release a potential of 400 models and estimated global sales of 25 million by 2025. In 2022, Ford Motor has committed to increase its investments in electric vehicles to $50 billion by 2026, up from a previous spend of $30 billion by 2025. Similarly, in 2020, Volkswagen, Chinese ventures has committed to invest $17.5 billion in electric vehicles by 2025. As electric vehicles use various types of electric motors for traction & auxiliary applications, the rising demand for electric vehicles globally is set to assist the market growth for electric motors used in the same.

Growing R&D activities 

Manufacturers are continuously focusing on R&D to develop new and effective electric motors to meet consumer demand. Increasing concerns, such as environmental pollution and regulations, are forcing manufacturers to develop electric motors that reduce vibration and increase efficiency. For instance, a synchronous electric motor is around 80% more efficient than an induction electric motor. Similarly, the development of a new type of steel for electric motors, which reduces the weight of the electric motor and makes it more efficient and powerful. This new type of electric motor will be small in size and cost effective, which will raise demand from residential and commercial applications. Moreover growing developments from various companies is also analysed to drive the market growth. Hence these factors are analysed to drive the market growth in the forecast period 2024-2030.

Electric Motor Market Challenges 

Easy availability of low-quality electric motors

The market for electric motors is highly fragmented, with a significant number of domestic and international manufacturers. Product quality is a primary parameter for differentiation in this market. The organized sector in the market mainly targets industrial buyers and maintains excellent product quality, while the unorganized sector offers low-cost alternatives to tap local markets. Local manufacturers of electric motors in most countries target the unorganized sector and compete strongly with the global suppliers in the respective markets. Leading market players are currently exposed to intense competition from such unorganized players supplying inexpensive and low-quality electric motors. This acts as a key challenge for the growth of the market.

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Market Landscape

Product launches, acquisitions, Partnerships and R&D activities are key strategies adopted by players in the Electric Motor market. Electric Motor top 10 companies include:

ABB Ltd

Johnson Electric Holdings Limited

Siemens AG

Rockwell Automation

Nidec Corporation

Bosch Electric

Regal Rexnord

Franklin Electric Company Inc.

Teco Electric & Machinery Co. Ltd.

Wolong Electric Group co. ltd.

Acquisitions/Product Launches

• In July 2023, Nidec Corporation announced that it has successfully developed a new electric power steering motor power pack*1 (“EPS-PP”).

• In July 2023, WEG announced new investments for its motor manufacturing plant located in Manaus, Brazil. The Company will invest R$ 48 million, in the next three years, to expand production capacity and adapt the plant to produce a new line of permanent magnet electric motors for split-type air conditioners

• In December 2023, Johnson Electric Launches 48-Volt Cooling Fan Module with High Power and Efficiency. Johnson Electric is pleased to announce the launch of the 48-Volt Cooling Fan Module with power up to 1.5kW to meet the most demanding cooling requirements.  The need to reduce emissions and increase the electrification of the vehicle, requires higher cooling performance and efficiency.

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Automotive Electric Vacuum Pump Market Growth, Overview with Detailed Analysis 2022-2028

Automotive Electric Vacuum Pump Market Growth, Overview with Detailed Analysis 2022-2028

The Automotive Electric Vacuum Pump Market research report 2022-2030 provides an in-depth analysis of the changing trends, opportunities, and challenges influencing the growth over the next decade. The study includes a detailed summary of each market along with data related to demand, supply and distribution. The report examines Automotive Electric Vacuum Pump market growth strategies adopted by…

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Automotive EVP (Electric Vacuum Pump) Market Comprehensive Analysis and Future Estimations with Top Key Players

Automotive EVP (Electric Vacuum Pump) Market Comprehensive Analysis and Future Estimations with Top Key Players

Reports and Data’s latest market report based on the global Automotive EVP (Electric Vacuum Pump) market provides significant details on the present context of the industry and highlights the major factors that drive and restrain the industry growth during the forecast period. One of the key objectives of the report is to enable readers to identify the emerging market growth trends and…

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Automotive Pump Market by Covid-19 Impact and Global Analysis, Manufactures AisinSeikiCo.,Ltd., ConcentricAB, ContinentalAG, DENSOCorporation

Automotive Pump Market Forecast to 2027 - Covid-19 Impact and Global Analysis - by Pump Type (Fuel Supply Pump, Fuel Injection Pump, Transmission Oil Pump, Engine Oil Pump, Steering Pump, Coolant Pump, Windshield Washer Pump, Vacuum Pump); Technology (Electric Pump, Mechanical Pump); Vehicle Type (Passenger Car, LCV, HCV) and Geography

Automotive pumps market are utilized for transferring automotive fluids in the vehicles. These pumps are mainly used for improving vehicle performance and fuel efficiency. The increase in demand for environment-friendly solutions has pushed several manufacturers to design and develop advanced pumps. The pumps are used in various vehicle systems such as coolant, steering, fuel, transmission, and lubrication.

The key factors contributing to the growth of the automotive pump market include rising implementation of environmental regulations, increasing vehicle production, and increasing vehicle electrification. Moreover, the increase in adoption of advanced automotive technologies such as automatic transmission and gasoline direct injection is also driving the growth of the market.

Some of the key players in this market include AisinSeikiCo.,Ltd., ConcentricAB, ContinentalAG, DENSOCorporation, HitachiAutomotiveSystems,Ltd., JohnsonElectric, JTEKTCorporation, MagnaInternationalInc., RobertBoschGmbH

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This is a professional and in-depth study on the current state of the Lane Keep Automotive Pump Market with a basic overview of the industry including definitions, classifications, applications and industry chain structure. The Strategic Insights and Development plans are also discussed and manufacturing processes and cost structures analyzed. Lane Keep Automotive Pump Market import/export consumption, supply and demand figures and cost price and production value gross margins are also provided.

The segmentation in this research study has been finalized post in-depth secondary research and extensive primary research. In addition, the market is also segmented on the basis of technology offered by the leading participants in the industry in order to understand widely used market specific terminologies. Thus, we have incorporated the segments of the research and have finalized the market segmentation.

Impact of COVID-19 Pandemic on Automotive Pump Market

The COVID-19 outbreak, which began in Wuhan (China) during December 2019, has spread at a fast pace worldwide. The global factory shutdowns, travel bans, and border lockdowns, to combat and contain the outbreak, have impacted every industry and economy worldwide. The majority of the manufacturing plants are either temporarily shut or operating with minimum staff; due to which the Automotive Pump and related components are disrupted. Additionally, the demand for frozen foods has been showcasing a slowdown since the outbreak of COVID-19 in the countries

Reasons for Buying Automotive Pump market:

This report provides a point-to-point analysis of the changing dynamics of competition.

It provides a forward-looking view of the various factors that promote or inhibit market growth.

It helps to understand key product segments and their future.

It provides point-to-point analysis of the changing dynamics of competition and keeps you ahead of the competition.

It helps you make informed business decisions by fully understanding the market and conducting in-depth analysis of market segments.

The report also covers a detailed chapter of the analysis on COVID-19 impact on this market at global and regional level in our final reports.

This research provides detailed information regarding the major factors influencing the growth of the Lane Keep Automotive Pump Market in Global and Regional Level (drivers, restraints, opportunities, and challenges), forecast of the market size, in terms of value, market share by region and segment; regional market positions; segment and country opportunities for growth; New product developments, strengths and weaknesses, brand portfolio; Marketing and distribution strategies; challenges and threats from current competition and prospects; Key company profiles, SWOT, product portfolio and growth strategies.

Table of Content:

Chapter1. Executive Summary

Chapter2. Research Methodology

Chapter3. Market Outlook

Chapter4. Global Automotive Pump Market Overview, By Type

Chapter5. Global Automotive Pump Market Overview, By Application

Chapter6. Global Automotive Pump Market Overview, By Region

Chapter7. Company Profiles

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Cryogenic Pump Market Size, Share, Demand & Trends Analysis

The Global Cryogenic Pump Market was valued at USD 928.5 Million in the year 2021 and is forecast to garner a value of USD 1202.2 Million by the end of the year 2028, and the market is estimated to exhibit a Compound Annual Growth Rate (CAGR) of 4.4% during the forecast period 2022-2028.

Cryogenic pumps are essential equipment for many industrial operations that use pure and mixed gases. Cryogenic pumps can be integrated into sophisticated skid systems, which can be tailored to meet a variety of needs, including LNG for marine, industrial gas, and LNG for automotive and other applications. Applications of cryogenic pumps include eyeglass lenses, liquid crystal displays, discs, and extra-large vacuum chambers. Cryogenic pumps are used to circulate coolant in prototype slush hydrogen applications and in many other applications, such as cooling crystals in synchrotron beamlines and high-temperature superconducting cables or magnets.

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Who are the Key Players in Cryogenic Pump Market?

Some of the prominent players in the Global Cryogenic Pump Market include- AB (Sweden), Ebara Corporation (Japan), SHI Cryogenics Group (Japan), Nikkiso Co. Ltd. (Japan), Fives Group (France), Cryostar (France), TRILLIUM FLOW TECHNOLOGIES (Scotland), Gemmecotti SRL (Italy), PHPK Technologies (US), Barber-Nichols (US), Sulzer Ltd (Switzerland), Technex Limited (China), Vanzetti Engineering S. P. A. (Italy), HSR AG (Liechtenstein), Xinxiang Chengde Energy Technology Equipment Co. Ltd. (China).

Regional Insight by Vantage Market Research:

The Asia Pacific is estimated to dominate the market share during the forecast period. The primary reason Asia-Pacific has seen such rapid economic growth is the rise of industrial infrastructure. In energy-scarce economies, the need for shipping and storing liquefied natural gas (LNG) is increasing. The Asia-Pacific region's increased emphasis on renewable power generation and high investment in the infrastructure sector is projected to create significant potential for the global cryogenic pumps market.

Regions & Countries Covered:

North America - (U.S., Canada, Mexico)

Europe - (U.K., France, Germany, Italy, Spain, Rest Of Europe)

Asia Pacific - (China, Japan, India, South Korea, South East Asia, Rest Of Asia Pacific)

Latin America - (Brazil, Argentina, Rest Of Latin America)

The Middle East & Africa - (GCC Countries, South Africa, Rest Of the Middle East & Africa)

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Report Coverage

Market Growth Drivers, Restraints, Opportunities, Porter's Five Forces Analysis, PEST Analysis, Value Chain Analysis, Regulatory Landscape, Technology Landscape, Patent Analysis, Segment and North America, Company Market Share Analysis, and Covid-19 Impact Analysis.

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