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abhigmi · 1 year

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Centrifugal Blower Market Expansion Projected to Gain an Uptick During 2022-2028

The centrifugal blower market is estimated to grow significantly by 2028 primarily owing to rising product demand in cement production, petrochemicals, metal fabrication, and cryogenics.

Recently, burgeoning need for energy across virtually all industries globally has created an upsurge in the need for power producing units, such as nuclear power plants, coal power plants, thermal power plants, and hydro-power plants. These plants rely heavily on centrifugal fans and blowers to supply air for combustion and other types of heat transfers, which has been favorable for industry expansion.

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Furthermore, centrifugal blowers have gained massive popularity in a number of industries, such as food and drinks, construction, and mining, particularly due to their efficiency and durability. In addition, escalating product requirement in regions with a high volume of air or gas has bolstered market uptake. Notably, industry players have increasingly been investing in product development and innovation in order to gain a competitive edge in the centrifugal blower market, thereby enhancing overall business dynamics.

For instance, in June 2021, Indian Space Research Organization (ISRO), the national space agency of India, introduced the Ventilation Assist Unit (VaU), an ICU grade positive pressure mechanical ventilator that has been designed to assist or replace spontaneous breathing in patients suffering from respiratory distress. The VaU has been designed based on a centrifugal blower that pulls in filtered ambient air, compresses it, and delivers it to the patient to provide ventilation, which allows it to function without a compressed pneumatic source.

The centrifugal blower market has been segmented on the basis of pressure, end-user, and region. In terms of end-user, the centrifugal market has been divided into cement plant, pulp & paper, chemical, steel plant, power station, mining, others. The cement plant end-user segment is foreseen to observe significant growth to garner a revenue share of more than 10% by 2028. The proliferating construction industry and mounting demand for cement and minerals are estimated to spur the growth of the segment.

The steel plant end-user segment is anticipated to witness substantial growth by 2028, registering approximately 3.6% CAGR by the forecast timeframe. Centrifugal blowers are used in steel plants to tackle problems like high temperatures and to cater to the need for a high output situation, which is likely to fuel segmental development in the upcoming years.

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From the regional point of view, the Latin America centrifugal blower market is estimated to grow at a CAGR of over 3.7% through the forecast period. Meanwhile, the Middle East & Africa centrifugal blower industry held a volume share of around 7% in the overall market in 2021 and is projected to amass notable gains over 2022-2028.

Table of Contents (ToC) of the report:

Chapter 2 Executive Summary

2.1 Centrifugal blower industry 360° synopsis, 2018 – 2028

2.1.1 Business trends

2.1.2 Pressure by end-user trends

2.1.3 End-user trends

2.1.4 Regional trends

Chapter 3 Centrifugal Blowers Industry Insights

3.1 Industry segmentation

3.2 Industry size and forecast, 2018 – 2028

3.3 Industry ecosystem analysis

3.4 Innovation & sustainability

3.5 Industry impact forces

3.5.1 Growth drivers

3.5.1.1 Rapidly growing construction industry in the Asia Pacific

3.5.1.2 Strong product demand from power and mining industry in the U.S.

3.5.1.3 Growing food industry in the Asia Pacific

3.5.2 Industry pitfalls & challenges

3.5.2.1 High production and maintenance cost

3.6 Regulatory landscape

3.7 Growth potential analysis

3.8 Competitive landscape, 2020

3.9 Porter’s analysis

3.10 Regional price trends

3.11 PESTEL Analysis

Browse complete Table of Contents (ToC) of this research report @ https://www.gminsights.com/toc/detail/centrifugal-blower-market

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#Centrifugal Blower Market Analysis #Centrifugal Blower Market by Type #Centrifugal Blower Market Share #Centrifugal Blower Market Development #Centrifugal Blower Market Growth

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trendingreportz · 4 months

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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.

#Electric Motor Market #Electric Motor Market size #Electric Motor industry #Electric Motor Market share #Electric Motor top 10 companies #Electric Motor Market report #Electric Motor industry outlook

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businesspr · 2 years

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Future Projections for Global Magnetic Levitation Centrifugal Blower Market Growth Trends 2023

Market.biz has developed new advance research known as Global Magnetic Levitation Centrifugal Blower Market , which presents detailed information on the major competitors as well as development associations with a significant market value in terms of sales, size, share, demand, forecast, trends, supply, manufacture analysis, and demand ratio. The Magnetic Levitation Centrifugal Blower market…

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imr1234 · 2 years

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Portable Misting Fans Market Size and Share 2022 Industry Analysis by Future and Growth Forecast to 2028

The Portable Misting Fans Market size is projected to reach USD 1390 Million by 2028 from an estimated USD 852 Million in 2021, growing at a CAGR of 8.5% globally.

Misting fans blow water into the air intermittently, and this water helps cool the air as it evaporates. These fans may look like innocent little fans, but they are an innovation in energy efficient cooling fans among the many fans available today. Essentially, the mist fan cools the area around you by evaporating a small stream of water around you. Misting systems come in a variety of configurations, but portable fans offer the most versatility. These devices combine a powerful blower with a high-pressure water pump. Water is blown through misting nozzles or centrifugal misting systems, creating water droplets so fine they are barely visible. This mist is so fine that neither your skin nor your clothes will get wet.

The research presents a full analysis of the pandemic's influence on the whole industry, as well as an outline of market scenarios before and after COVID-19. All of our reports will be modified before distribution to account for the impact of COVID-19 in order to offer a more accurate market prediction. The research study looks at numerous market segments based on type, application, and geography. The research also includes a competitive analysis of the top Portable Misting Fans product providers, as well as their most recent advances. This study is divided into three sections: type, application, and region, with market size and forecasts for each area. For the predicted period, yearly compound growth rates for all segments have also been presented.

Read More: https://introspectivemarketresearch.com/reports/portable-misting-fans-market/

#Global Portable Misting market Portable Misting Size Portable Misting Share Portable Misting Growth Portable Misting Trend Portable Misti

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latestmarketblogupdates · 2 years

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Industrial Motor Market - Forecast(2022 - 2027)

Industrial Motor Market Overview

The global Industrial Motor Market size is expected to reach $42.19 billion by 2027, growing at a CAGR of 4.20% during the forecast period from 2022 to 2027. Globally, increasing demand for industrial motors in the Automotive and Oil & Gas industries is set to drive the Industrial Motor Market during the forecast period. Increasing investments for the expansion of oil and gas production across the world owing to the rising energy demands also triggers the growth of the market. Moreover, increasing production ofelectric vehicleshas accelerated the demand for industrial motors for higher efficiency and good speed regulation during the forecast period is also boosting the growth of the market. Furthermore, rising number of government incentives to encourage use of energy efficient industrial motors for safeguarding the environment from carbon emissions is also expected to drive the market growth during the forecast period.

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Industrial Motor Market Report Coverage

The report based on: “Industrial Motor Market-Forecast (2022-2027)”, by IndustryARC, covers an in-depth analysis of the following segments of Industrial Motor Market Industry Outlook. By Product Type: AC (Phase Type: Single Phase, Three Phase; Operation: Asynchronous, Synchronous); DC (Brushed (BDC), Brushless (BLDC)) By Power Rating: <1kW, >1kW<2,2kW, >2,2kW < 3,5kW, 3.5-25 kW25-100 kW, Above 100 kW By Voltage: Low Voltage (IE1, IE2, IE3, IE4); Medium Voltage (IE1, IE2, IE3, IE4); High Voltage (IE1, IE2, IE3, IE4) By Applications: Oil and Gas (Upstream, Midstream, Downstream); Aerospace (Actuation, Air and Thermal System, Aircraft Engines, Auxiliary Power Unit, Wheels and Breaking System, Others); Automotive; HVAC (Heating, Ventilating, Air Conditioning); Paper and Pulp (Feed and Conveyor Systems, Fans and Blowers, Reeling and Rolling Machines, Mixers, Others); Food and Beverage (Milling, Grinding and Mixers, Conveyor Systems, Pumping Systems, Packaging, Others); Textile (Mixing and Beating Machines, Carding Machines, Winding Machines, Washers and Pumps, Blowers, Others); Transportation (Logistics and Warehousing (Manual Cranes and Hoists, ASRS Systems, Belt Conveyors, Others);Railways (Traction, Blowers, Others)); Power Generation (Coal, Gas and Oil-Fired Plants, Nuclear Power Plants, Geothermal Power Plants, Hydro Power Plants, Wind Mills, Others); Agriculture ( Pumping Systems, Grain Handling and Conveyor System, Aeration and Conditioning, Feed Delivery Systems, Others); Chemical (Pumps, Fans, Blowers and Compressors, Centrifuges, Agitators and Mixers, Others); Industrial Machinery (Machine Tools, Assembly Line and Conveyor Systems, Others); Plastics and Packaging; Industrial Automation; Others. By Geography: North America (US, Canada, Mexico), South America (Brazil, Argentina,Chile, Colombia & Others),Europe (Germany, France, UK, Italy, Spain, Russia, Netherlands & Others), APAC (China, Japan, South Korea, India, Australia, Indonesia, Malaysia & Others) ,RoW (Middle East & Africa)

Key Takeaways

AC Motor dominated the global Industrial Motor market with a share of 84% in 2021 and is also anticipated to witness a significant growth during 2022-2027, owing to its use for various industrial applications such as in Appliances, Compressor drives and systems, Conveyor systems. Industrial Automation dominated the global Industrial Motor market with a share of 24.61% in 2021, owing to growing use of motors in collaborative robots. North America held the largest share of 30.65% in the global Industrial Motor market in 2021 and growing at CAGR of 3.64% during 2022-2027, owing to rising number of government incentives to encourage use of energy efficient industrial motors. Increasing demand for industrial motors in chemical & petrochemical industries is set to be one of the major factor that is analyzed to drive the market during the forecast period.

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Industrial Motor Market Segment Analysis-By Product Type

Based on product type, AC Motor dominated the global Industrial Motor market with a share of 84% in 2021 and is also anticipated to witness a significant growth during 2022-2027, owing to its use for various industrial applications such as in Appliances, Compressor drives and systems, Conveyor systems. AC motors have been classified into induction or asynchronous and synchronous motors. Asynchronous motors held the share of 65.45% in the AC motor market in 2021 and growing at CAGR of 4.64% during 2022-2027. These motors are the major type of industrial motors used in industrial applications like used in conveyors, cranes, pumps, elevators, compressors, drilling machines, oil extracting mills and others. Asynchronous motors have lot of advantages such as less cost, easy to maintain, efficiency in partial-load operation and others. Owing to its advantages, the adoption rate is higher among industries, thus supporting the growth of the Industrial Motor Market. In 2020, ABB Ltd launched a new range of low voltage IEC induction motors i.e. M3BP motors for industries metals, cement, pulp & paper, water & wastewater in India. These motors are compactly designed for applications such as fan, pump, compressor, crusher and crane and helps the industrial customers to save space and cost. Such developments will positively impact the growth of the market.

Industrial Motor Market Segment Analysis-By Application

Based on Application, Oil and gas dominated the global Industrial Motor market with a share of 24.61% in 2021 and is also anticipated to witness highest growth during the forecast period 2022-2027. Industrial motors serve an extensive range of applications in industrial automation vertical including food, packaging, logistics systems, tool machines and robots, among others. Stepper, servo, ac, and dc motors are the ideal motors to meet most industrial automation requirements. In industrial automation, robotics is the major trend in recent years and coming years. Robots are used for various handling purposes for precise and better quality of production. In recent years, the need for industrial automation to mitigate labour shortages in the industrial sector has become a prime concern. In addition, COVID-19 pandemic has posed new risks for workers working in close proximity. Under these circumstances, there is an increasing demand for collaborative robots that can safely work side by side with humans at sites without safety barriers and can flexibly handle multiple tasks which in turn boost the demand for industrial motors. In October 2021, Japanese electronics manufacturer, Omron announced to invest in Tech-man Robot, a manufacturer of collaborative robots in Taiwan and a subsidiary of Quanta Computer. This investment will boost robot business which is the driving force behind the growth of industrial automation This will further create opportunities for the growth of the Industrial Motor market.

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Industrial Motor Market Segment Analysis-By Geography

North America held the largest share of 30.65% in the global Industrial Motor market in 2020 and growing at CAGR of 3.64% during 2022-2027. The increasing adoption of industrial motors in power generation, aerospace, automotive and chemical industries is analyzed to expand Industrial Motor Market in this region. USA, Canada and Mexico are the top contributors in industrial motor market growth in this region. Moreover, a rising number of government incentives to encourage use of energy efficient industrial motors for safeguarding the environment from carbon emissions is expected to drive the market growth. For instance, USA has planned to increase carbon-free power generation from 27% to 35% of total by 2024, thus increasing the scope of adoption of energy efficient motors among industries. Similarly, In December 2020, Federal Electricity Commission planned to construct four nuclear reactors for power generation, thus creating opportunities for the use of energy efficient motors in nuclear power plants. Furthermore, the rising investments for the expansion of chemical industry also triggers the growth of the market in this region. In May 2020, ExxonMobil announced a $2billion investment in Baytown chemical plant expansion project. Such investments can increase the use of industrial motors for the need of handling toxic and aggressive acids, which can influence the market growth of Industrial Motor in the long run.

Industrial Motor Market Drivers

Growing demand for industrial motors in the Automotive and Oil and Gas industries will positively impact the market growth

Increasing demand for industrial motors in the Automotive and Oil and Gas industries will positively impact the market growth. In oil & gas industry, industrial motors are used for wide range of applications such as in off shore cranes, Compressors, Gas pumps, Winches and many others, thus raising its adoptability. Additionally, industrial motors play a vital role for drilling and bringing oil and natural gas resources to the surface and other applications in upstream part of this industry. Furthermore, rising investments for the expansion of oil and gas production across the world owing to the rising energy demands also triggers the growth of the market. In December 2021, the Government of India planned to invest $2.86 billion in the upstream oil and gas production to double natural gas production to 60 bcm and drill more than 120 exploration wells by the end of 2022. These major investments tend to bring significant growth in the demand of industrial motors for Upstream Oil and Gas industry, further driving its market growth during the forecast period. Increasing production of electric vehicles has accelerated the demand for industrial motors during the forecast period. 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. Increasing use of three phase induction motors in electric vehicles because of high efficiency and good speed regulation and absence is also anticipated to drive the growth of Industrial Motor Market. Additionally, increasing investments in production electric vehicles will increase the use of motors, thus contributing to the growth of the market. In 2021, Ford Motor announced to invest in production of electric vehicles to $30 billion by 2025, up from a previous spend of $22 billion by 2023. Such investments can increase the use of industrial motors for the need of good speed regulation, which can influence the market growth of Industrial Motor in the long run.

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Growth of Chemicals & Petrochemicals industries leading to the adoption of industrial motors is analyzed to drive the market growth in the forecast period

Growing demand for industrial motors in chemical & petrochemical industries is set to be one of the major factors analyzed to drive the market during the forecast period. The Chemical & Petrochemical Industries have transformed tremendously at evolving several new technologies for processing chemicals along with automating these processes. The current challenge for the industries include to expand their market while maintaining optimum levels of profit. This has led to the rapid automation of the sector, particularly in the process automation segments which creates demand for industrial motors in the industry. The Chemical industry comprises of the facilities to process the raw materials derived from minerals, oil and natural gas, minerals and several other sources into industrial chemicals. This sector will be most influential in terms of growth prospects for LV and MV Industrial Motors in the forecast period as the chemicals are at the core of every demand either in industrial or consumer perspective. Moreover, induction motors are the major type of industrial motors that are used in wide variety of applications such as pumps, Compressors, Fans and blowers, centrifuges machines and mixers in chemical industry. The demand for pumps, compressors, fans and blowers, centrifuges machines and mixers in these industries are always high, owing to usage in handling toxic and aggressive acids, as well as highly flammable and explosive liquid. For instance, the chemical industry is a major sector that contributes towards the Spain’s GDP. In 2020, Spain's chemical sector accounted for 5.5% of their national gross domestic product (GDP) and 13.4% of the industrial GDP. The total revenue of the chemical sector was 64.519 billion euros, from which 36.57 billion were exported in 2020. This increasing growth was mostly due to rising local demand for chemicals coupled with engage in R&D cooperation with customers and institutes. These factors play significant role to develop higher demands for Industrial Motors in these industries resulting into the market growth.

Industrial Motor Market Challenges

High cost of raw materials to manufacture industrial motors can hamper the market growth

High cost of raw materials to manufacture industrial motors can act as a major challenge restraining the growth of Industrial Motor Market. The cost of raw material such as metals which includes steel, aluminium and insulation materials are quite expensive. Moreover, these industrial motors consume more electricity which results into rise of cost per unit. Furthermore, availability of low quality industrial motors is another factor that can hamper the market growth. Leading industrial motor manufacturing companies are facing intense competition from local motor manufacturers supplying inexpensive and low-quality AC and DC Motors to tap local markets, thus competing strongly with the global suppliers in the respective markets. Owing to the above mentioned factors, use of energy efficient industrial motor will be significantly impacted, thus hampering its market growth.

Industrial Motor Market Landscape

Partnership, Acquisitions, Collaboration, technology launches and R&D activities are key strategies adopted by players in the Industrial Motor Market. The Industrial Motor Market top 20 companies include: ABB Ltd Siemens AG Nidec Corporation Brook Crompton UK LIMITED WEG S.A. Emerson Electric Co Rockwell Automation Inc TECO Electric & Machinery Co., Ltd Danfoss Toshiba Corporation Regal Rexnord Corporation Parker-Hannifin Corporation Fuji Electric Co., Ltd Eaton Corporation plc General Electric FANUC CORPORATION AMETEK, Inc Allied Motion Technologies Inc Hitachi, Ltd Bosch Rexroth AG

Recent Developments

In December, 2021, WEG S.A , the traditional supplier of electric motors, frequency drives, automation systems, paints and digital solutions (IOT and IA), signed partnership with Marcopolo for the development of Attivi, which is the first electric bus manufactured with its own chassis. Thus, the partnership is formed as Marcopolo Attivi is equipped with a WEG Powertrain and consist of a 395 kW and 2800 Nm of torque three-phase motor and a frequency drive. The WEG Powertrain is designed with the environmental protection principles, and thus, partnership is developed to adapt the vehicle to the demands for urban and intercity transports. In April 2021, Siemens announced the addition of the latest servo motors to its proven Sinamics S210 single-cable servo drive system. The Simotics S-1FS2 is a motor version with a stainless-steel housing, and featured with the highest degree of protection IP67/IP69, as well as high-resolution 22-bit absolute multi-turn encoders, resulting into the expansion of the range of applications across the food and beverage sector and pharmaceutical industry. In March 2020, Rockwell Automation launched New Fanless Kinetix VPC Servo Motor to offer better performance and higher energy efficiencies. The new fanless version of the Allen-Bradley Kinetix VPC enables Printers and other industrial operators to enhance their energy efficiency and reduce machine complexity with a continuous-duty servo motor from Rockwell Automation.

#Industrial Motors Market #Industrial Motors Market size #Industrial Motors Market share #Industrial Motors Market trends

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marketresearchcapture · 2 years

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Based on the Centrifugal Blowers market development status, competitive landscape and development model in different regions of the world, this report is dedicated to providing niche markets, potential risks and comprehensive competitive strategy analysis in different fields. From the competitive advantages of different types of products and services, the development opportunities and consumption characteristics and structure analysis of the downstream application fields are all analyzed in detail. To Boost Growth during the epidemic era, this report analyzes in detail for the potential risks and opportunities which can be focused on.

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industry-reports-data · 2 years

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Fans and Blowers Market 2022 Major Factors That Can Increase the Worldwide Demand

The research report examines the Fans and Blowers industry’s present state, as well as trends, expansions, market share, industry growth, and cost structure. This study offers detailed industry forecasts, high-growth-potential applications, technological perspectives, and another key Fans and Blowers market indicators to assist you in making informed market management decisions. Customers will seek future growth patterns, creative approaches, and company revenue success in the global consumer survey. The research also includes precise demand forecasts for both regional and global Fans and Blowers markets. In addition, market trends such as overall market size, industry dynamics, client use cases, and industry size by region are examined in this study. Quantitative marketability statistics, forecast analysis, and historical data are all included in this study.

The Global Fans and Blowers Market Size is Projected to Reach a CAGR of 4.8% during 2022-2027.

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Top Leading Companies:

Greenheck, Twin City Fan, Systemair, Soler & Palau, Johnson Controls, Air Systems Components, Polypipe Ventilation, Zhejiang Shangfeng, Yilida, Acme Fans, Munters, Volution, FlÃ¤kt Group, Nanfang Ventilator

This research report gives a quantitative and qualitative analysis of the global market for Fans and Blowers’ allowing successful strategies to be developed to increase market growth and competitiveness. It’s looked at from both a primary and secondary standpoint, as well as important players in the room and sales estimates for the future Fans and Blowers market.

Different product types include:

Axial Fans and Blowers

Centrifugal Fans and Blowers

Others

Global Fans and Blowers business has Several end-user applications such as:

Commercial

Industrial

Others

For the forecast period, the global Fans and Blowers market report includes an in-depth analysis of revenue and current trends. The study identifies several possibilities as well as market trends and obstacles. The report contains industry characteristics, such as primary drivers, opportunities, constraints, and dangers, which are utilized to illustrate the impact of Fans and Blowers market expansion.

Regional Fans and Blowers Market (Regional Output, Demand & Forecast by Countries)

-North America (United States, Canada, Mexico)

-South America (Brazil, Argentina, Ecuador, Chile)

-Asia Pacific (China, Japan, India, Korea)

-Europe (Germany, UK, France, Italy)

-Middle East Africa (Egypt, Turkey, Saudi Arabia, Iran)

Explore Full Report with Detailed TOC Here:

Key Reasons to Purchase this Fans and Blowers Market Report:

The study covers everything from Fans and Blowers market worth to profit forecasts to market statistics, as well as the ongoing COVID-19 epidemic of growing competitive situations and manufacturers’ market approaches.

In this Fans and Blowers market research devoted exclusively to selecting big suppliers, our analysts present a comprehensive examination of all of the main organizations’ financial statements, output capacity, and SWOT analysis.

The competitive environment part also includes a look at the leading suppliers’ key growth plans, retail revenues, and global Fans and Blowers market ranking.

Key Points Covered in the Fans and Blowers Market Report:

This research looks at sales and revenue in the past and in the future. Understanding the different divisions helps you to value a variety of factors that drive overall Fans and Blowers market growth.

This research also looks at significant trends in the global market for Fans and Blowers’ The study digs into the several elements that impact the growth of the global Account-Based Advertising Software industry.

Aside from the acceptance rate, the global Fans and Blowers industry study depicts the whole amount of technological advancement made in recent years.

The company’s global sales generation is calculated and forecasted using top-down and bottom-up approaches.

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credibleauomotive · 3 years

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According to Expert Market Research Analysis Report: A centrifugal blower, sometimes referred to as a centrifugal fan, is a pump or motor that moves and circulates air. The two main components of a centrifugal blower are the impeller and the motor. Centrifugal blowers built for industrial purposes are constructed with protective housing that increases durability and ensures that no foreign objects clog any of the moving parts.......Get full report form EMR Inc. website@ https://www.expertmarketresearch.com/reports/centrifugal-blower-market

Stay Connected with us: https://www.linkedin.com/company/expert-market-research

#centrifugalblowermarket #marketanalysis #marketreport #marketgrowth

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Based on the Centrifugal Blower market development status, competitive landscape and development model in different regions of the world, this report is dedicated to providing niche markets, potential risks and comprehensive competitive strategy analysis in different fields. From the competitive advantages of different types of products and services, the development opportunities and consumption characteristics and structure analysis of the downstream application fields are all analyzed in detail. To Boost Growth during the epidemic era, this report analyzes in detail for the potential risks and opportunities which can be focused on.

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blogaarti · 3 years

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Spindle Oil Market 2021 Detailed Analysis of Current Industry Figures with Forecasts Growth By 2025

Sustained adoption of spindle oil for lubrication of high-speed machine spindles will predominantly drive the growth of global spindle oil market. Fairfield Market Research in its latest upcoming report suggests that the crucial role of spindle oil in slashing overall operating expenses (OPEX) while extending the service life of industrial equipment will remain the key booster to its thriving demand in future. The report would provide an exhaustive insightful analysis of spindle oil market during the forecast period of 2021 – 2025.

Oxidation resistance, thermal stability, and non-staining attributes of spindle oil continue to offer it an ideal candidature for a variety of applications, including pressure and aerosol lubrication, and textile manufacturing. Greater preference for spindle oil in effective lubrication of spindle bearings, timing gears, positive displacement blowers of high-precision tools, and centrifugal separators is also expected to provide an impetus to market growth during the period of forecast.

Get Sample Copy of the Spindle Oil Market: https://www.fairfieldmarketresearch.com/report/spindle-oil-market

Textile Industry Remains Preeminent Application Area

When compared with spindle oil applications in agriculture, automotive, textile, and machine tools operation industries, consumption of spindle oil is expected to remain substantial within the textile industry. Spindle oils perform a critical role in maintaining desirable productivity of textile operations, keeping the downtime to a minimum. All the equipment employed throughout the process of textile manufacturing are nurtured and optimised for production with the help of spindle oils. Incessant demand for textiles worldwide will remain the prime factor pushing sales of new high-speed machinery, thereby bolstering demand for spindle oil in massive volumes.

Demand is also projected to be considerably high within the machine tools operation sector, which according to the report points to an influx of lucrative growth opportunities for spindle oil market participants. The next most attractive area of application is agricultural equipment that needs to be subject to regular maintenance such as silage harvesters, tractors, combine harvesters, and self-propelled sprayers.

Threat of Substitute Oils Prevails as a Longstanding Challenge Facing Spindle Oil Manufacturers

Despite a solid application base, spindle oil continues to experience long-term threat of some substitute oils currently available on the market. With high-speed machine gaining traction across industries worldwide, newer lubrication oils have been spreading their roots in global market. Performance spindle oils that are especially designed to facilitate high-performance jobs in hydraulic, circulation, and airline systems, are particularly witnessing popularity for their high performance, and low viscosity attributes. They are also expected to retain high preference for their ability to provide machinery with effective protection against corrosion, oxidation, and rust.

Asia Pacific Emerges Attractive on the Back of Sprawling Textile Plants

Considering ready accessibility of raw material, and cheaper labour availability across most of the Asian economies, large number of textile manufacturing, and automotive companies have been shifting their production bases to Asia Pacific. Spindle oil market stakeholders have been prominently targeting the global hub, i.e., China, followed by India, and Bangladesh. The region has become the world’s most dynamic continent, especially on account of key end-use markets like automotive, consumer electronics, and textiles.

Competition Analysis – Spindle Oil Market

The report has highlighted strategic developments, and financial profiles of some of the top companies operating in the spindle oil landscape. HP Lubricants, Exxon Mobil Corporation, Royal Dutch Shell plc, Chevron Corporation, Total S.A., Castrol Limited, Eni S.p.A., Phillips 66 Lubricants, Fuchs, Valvoline Inc., Blue Star Lubrication Technology, and Schaeffer Oil represent some of the key market players spearheading the intense market competition. With digitisation taking industry by storm, oil and gas behemoths have been collaborating to leverage emerging opportunities, as well as beat the challenges.

For More Information Visit: https://www.fairfieldmarketresearch.com/report/spindle-oil-market

About Us

Fairfield Market Research is a UK-based market research provider. Fairfield offers a wide spectrum of services, ranging from customized reports to consulting solutions. With a strong European footprint, Fairfield operates globally and helps businesses navigate through business cycles, with quick responses and multi-pronged approaches. The company values an eye for insightful take on global matters, ably backed by a team of exceptionally experienced researchers. With a strong repository of syndicated market research reports that are continuously published & updated to ensure the ever-changing needs of customers are met with absolute promptness.

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shambhu9999 · 3 years

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Global High Pressure Hydrogen Compressors Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2027)

Global high-pressure hydrogen compressors market is estimated to be worth USD 488.92 Million in 2020 and is projected to grow at a CAGR of 5.04% between 2021 to 2027.

Global “High Pressure Hydrogen Compressors Market” research report Provides qualitative and quantitative perception in relation to company growth rate, market segmentation, size, revenue and demand. The Present High Pressure Hydrogen Compressors market trends that are expected to impact the future prospects of the industry are analysed in the report. The report further explores and assesses the current landscape of the ever-evolving business sector and the present and future effects of COVID-19 on the market.

A hydrogen compressor is a device that increases the pressure of hydrogen by reducing its volume leading to compressed hydrogen or liquid hydrogen. High Pressure Hydrogen Compressors are used at hydrogen fuel cell stations, including those for vehicles, buses, fork-lifts, scooters, and residential re-fuelers for fuel cell (FC) cars; for filling and off-loading H2 from tube trailers, gas cylinders, and storage tanks; for the compression of syngas from renewable sources; and for wind.

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Leading players involved in the High Pressure Hydrogen Compressors Software Market includes:

ARIEL, Atlas Copco, Burckhardt, Dresser-Rand, Kobelco, undyne, Gardner Denver, Corken,Howden Group, Hitachi,Hydro-Pac, HAUG Sauer,Kaishan, Blower works.

Global High Pressure Hydrogen Compressors Market research report offers qualitative and quantitative insights in reference to industry rate of growth, High Pressure Hydrogen Compressors market demand, size and revenue. The current High Pressure Hydrogen Compressors market Growth that are expected to influence the future prospects of the industry are analysed in the report.

The analysis also divides the High Pressure Hydrogen Compressors Software Market on the grounds of main Product Type:

· Single Stage

· Multistage

The analysis also divides the High Pressure Hydrogen Compressors Software Market on the Applications:

· Chemical

· Oil & Gas

Regions and Countries Level Analysis:

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

· Europe (Germany, U.K., France, Italy, Russia, Spain etc.)

· Asia-Pacific (China, India, Japan, Southeast Asia etc.)

· South America (Brazil, Argentina etc.)

· Middle East & Africa (Saudi Arabia, South Africa etc.)

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A hydrogen compressor is a device that increases the pressure of hydrogen gas by reducing its volume, influencing in compressed hydrogen or liquid hydrogen. Ultimate compressors used for orotund hydrogen squeeze are further positive expulsion compressors or centrifugal compressors

High Pressure Hydrogen Compressors Report provides insights into the following queries: 1. Growth rate and Growth momentum and estimated size of the High Pressure Hydrogen Compressors market for the forecast period 2021-2027

2. Sales, revenue, and value analysis by regions of High Pressure Hydrogen Compressors market.

3. The associated market risk, opportunity, and market overview of the High Pressure Hydrogen Compressors market.

4. Major distributors, dealers, end-users, and traders of the High Pressure Hydrogen Compressors market?

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The global high pressure hydrogen compressor market presents comprehensive information making it a valuable source of valuable data for business strategists during 2021-2027. Based on historical data, the High Pressure Hydrogen Compressors market report provides the major segments and their sub-segments, revenue data, and supply and demand. Given the technological innovations in the market, the industry is likely to emerge as a complementary platform for investors in the emerging market.

Good Reasons to Buy Global High Pressure Hydrogen Compressors Market Report:

· Offers detailed market breakdown and data triangulation that will help guide the market trends.

· The methodology used in the report gives the absolute authentic data that helps advising whether the market has an opportunity in the upcoming years.

· Provides a detail analysis about the Covid-19 impact on the market and how it will help boost the market in the near future.

· Give’s a thorough analyst’s viewpoint which guides the client through market collaterals for the better opportunities in the market.

· Pinpoints the most valued region and how the market can be expanded in the industry to generate more revenue with all the important government guidelines and environmental policies.

About Us:

Introspective Market Research (introspectivemarketresearch.com) is a visionary research consulting firm dedicated to assist our clients grow and have a successful impact on the market. Our team at IMR is ready to assist our clients flourish their business by offering strategies to gain success and monopoly in their respective fields. We are a global market research company, specialized in using big data and advanced analytics to show the bigger picture of the market trends. We help our clients to think differently and build better tomorrow for all of us. We are a technology-driven research company, we analyse extremely large sets of data to discover deeper insights and provide conclusive consulting. We not only provide intelligence solutions, but we help our clients in how they can achieve their goals

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#High Pressure Hydrogen Compressors Market size

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Automotive turbocharger market - Market Analysis, Cost, Production Value, Price, Gross Margin and Competition

Market Analysis

The global turbocharger market is predicted to grow at a healthy 7% CAGR between 2016- 2022, reveals the latest Market Research Future (MRFR) report. A turbocharger is used for improving the volumetric efficiency of an internal combustion engine by increasing the density of gas intake. The output of the internal combustion engine is increased sans increasing its capacity through a turbocharger. This is a centrifugal blower that produces an air of a high pressure to improve the IC engine’s power.

Several factors are adding to the global turbocharger market growth. These factors, as per the MRFR report, comprise the growing need for electric cars, rising fuel prices, the trend towards green vehicle, the need for fuel-efficient car engines & gasoline engines, increasing production and manufacturing of lightweight and heavy cars, robust urbanization, and need for improved engine power. Additional factors adding market growth include strict environmental regulations, the need for fuel-efficient engines, ongoing industrialization, global trade activities, the need for automobile turbochargers from developed and developing countries, and demand for twin turbochargers.

On the flip side, the need to comply with emission regulations and high prices may hamper market growth over the forecast period.

Get free sample report @ https://www.marketresearchfuture.com/sample_request/4352

COVID-19 Analysis

The COVID-19 outbreak had a twin effect on the turbocharger market. On the one hand, supply chain disruptions, closure of manufacturing facilities, and delay in car production, especially commercial cars equipped with turbochargers, had a negative impact on the market growth. While on the contrary, the use of turbo-boosting laptops during the work from home trends to avail uninterrupted power service at home are having a positive impact on the market growth. Besides, the resumption of the overall manufacturing sector due to the gradual lifting of lockdowns is also adding market growth.

Market Segmentation

The MRFR report highlights an inclusive segmental analysis of the global turbocharger market based on application, material, vehicle type, sales channel, fuel type, and technology.

By application, the global turbocharger market is segmented into agriculture and construction, marine, automotive, and others. Of these, the automotive segment will have the lion's share in the market over the forecast period.

By fuel type, the global turbocharger market is segmented into gasoline and diesel. Of these, the gasoline segment will dominate the market over the forecast period.

By vehicle type, the global turbocharger market is segmented into off-highway vehicles, heavy commercial vehicle, light commercial vehicle, and passenger cars. Of these, the heavy commercial vehicle will spearhead the market over the forecast period.

By sales channel, the global turbocharger market is segmented into aftermarket and OEM.

By technology, the global turbocharger market is segmented into electric turbocharger, wastegate, VGT/VNT, and others. Of these, the electric turbocharger will lead the market over the forecast period.

By material, the global turbocharger market is segmented into aluminium, cast iron, and others. Of these, the aluminium segment will sway the market over the forecast period.

Regional Analysis

By region, the global turbocharger market covers the growth opportunity and recent trends across Europe, North America, the Asia Pacific (APAC), and the Rest of the World (RoW). Of these, the APAC region will rule the market over the forecast period. Growing demand from India, China, and Japan, cheap labor, low raw material prices, strict government regulations, large population base, increase in disposal incomes, and high penetration of diesel passenger cars and light vehicles are adding to the turbocharger market growth in the region.

In North America, the turbocharger market is predicted to have the second-largest share over the forecast period. The growing need for new cars, adoption of automotive turbochargers, demand for low-emission cars, government regulations on car emissions, and increased production of cars are adding to the global turbocharger market growth in the region.

In Europe, the turbocharger market is predicted to have healthy growth over the forecast period for the increasing application of the latest technology in automobiles.

In the RoW, the turbocharger market is predicted to have sound growth over the forecast period.

Key Players

The prominent players profiled in the global turbocharger market report include Continenetal AG (Germany), Mitsubishi Heavy Industries (Japan), Rotomaster International (Canada), Borgwarner and Inc (US), Precision & Turbo (US), Bosch Mahle Turbo Systems GmbH (Germany), Honeywell International Inc (US), Eaton Corporation (Ireland), and Cummins Inc (US), among others.

Industry Updates

January 2021- AVL Powertrain UK Ltd has selected Liebherr Aerospace Toulouse to deliver 25 kW, 400 V two-stage electric turbochargers for supporting the creation of fuel cell electric demonstrators for commercial cars.

Table of conyent

1 Executive Summary

2 Introduction

2.1 Definition 15

2.2 Scope Of The Study 15

2.3 Assumptions 15

2.4 Market Structure 16

3 Research Methodology

3.1 Research Process 17

3.2 Primary Research 17

3.3 Secondary Research 18

3.4 Market Size Estimation 18

3.5 Forecast Model 20

4 Market Dynamics

4.1 Drivers 21

4.1.1 Continuous Growth In Global Automotive Industry 21

4.1.2 Sales Of Vehicle, 2012-2020 22

4.1.3 Stringent Vehicle Emission Regulations 22

Continued………

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Market Research Future (MRFR) is a global market research firm that takes great pleasure in its services, providing a detailed and reliable study of diverse industries and consumers worldwide. MRFR's methodology integrates proprietary information with different data sources to provide the client with a comprehensive understanding of the current key trends, upcoming events, and the steps to be taken based on those aspects.

Our rapidly expanding market research company is assisted by a competent team of research analysts who provide useful analytics and data on technological and economic developments. Our deemed analysts make industrial visits and collect valuable information from influential market players. Our main goal is to keep our clients informed of new opportunities and challenges in various markets. We offer step-by-step assistance to our valued clients through strategic and consulting services to reach managerial and actionable decisions.

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