Motor Management Market By Type (Asynchronous Motor, Synchronous Motor), By Product & Service (Software & solution service, Hardware), By Voltage Range (High Voltage, Low Voltage, Medium Voltage), By Automation Level (Semi-Automatic, Automatic, Manual), By Application (Compressors, Material Handling, Pumps), By Industry (Agriculture, Metals & Mining, Power Generation, Oil & Gas, Cement, Water Supply and Wastewater Treatment), Industry Trends, Estimation & Forecast, 2017-2025

July 2018

 Pages: 186

 ERC 8191

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Motor Management Market is expected to grow with a CAGR of 5% during the forecast period of 2018 to 2025.

A motor management system performs several functions such as starting, controlling, stopping, and establishing a communication network amongst the motors by integrating a hardware and a software. These systems help in the preventive maintenance of the motors required in oil & gas, chemicals, metal & mining and other industries, by enhancing their efficiency and decreasing electricity consumption, temperature variations, & vibration levels, which in turn increases the lifespan of the motors and reduces downtime. The surging trend of adopting automation in industries such as oil & gas, agriculture and mining is expected to drive the growth of the motor management market, owing to the reduced downtime of motors achieved by the use of motor management system. Apart from this, the motor management market is experiencing impressive growth due to the increasing demand of integrated and smart motor control systems. However, lack of awareness regarding motor management system & control devices, and their high cost of implementation & maintenance are hampering the growth of the motor management market across the globe. The incorporation of improved software in motor management systems is anticipated to offer lucrative opportunities to the leading market players during the upcoming years. For instance, a software package known as EnerVista Launchpad by General Electric, a U.S. based vendor, permits to configure the motors in real time. In such a highly fragmented market the major players are adopting strategies such as new product launch, mergers & acquisition, and joint ventures to expand their footprints in the global market. For instance, in 2017, ABB Ltd., a Swedish-Swiss corporation, acquired B&R with an aim to create a unique comprehensive portfolio for their global customers.

The report provides detailed qualitative and quantitative analysis of the motor management market. Market size and forecast in terms of value and volume has been provided for the period - (2017 – 2025) for the segments namely type, product & service, voltage range, automation level, application, and industry in each of the major regions.

Motor Management Market Player Analysis

The report presents detailed analysis of major players operating in motor management market. Few of them include Schneider Electric SE, Hitachi, Ltd., Texas Instruments, Siemens AG, General Electric, Mitsubishi Electric Corporation, ABB Ltd., Rockwell Automation, Analog Devices Inc., and Eaton Corporation Plc. Detailed coverage on these market players with information on their revenue from motor management market business, market share, gross margin and their growth strategies have been provided in the report.

Motor Management Market Segmentation

Motor management market is segmented on the basis of type, product & service, voltage range, automation level, application, industry, and geography. By type, the market is segmented into asynchronous motor and synchronous motor. Based on product & service, the market is categorized into software & solution service, and hardware. By voltage range, the market is bifurcated into high voltage, low voltage, and medium voltage. On the basis of automation level, the market is segregated into semi automatic, automatic and manual. Based on application, the market is categorized into compressors, material handling, pumps, and other. On the basis of industry the market is segmented into agriculture, metals & mining, power generation, oil & gas, cement, water supply and wastewater treatment and others. Geographical coverage has been provided for each of the major regions including North America, Europe, Asia-Pacific, South America and Rest of the World.

Motor Management Market Segmentation

By Type
• Asynchronous Motor
• Synchronous Motor

By Product & Service
• Software & solution service
• Hardware

By Voltage Range
• High Voltage
• Low Voltage
• Medium Voltage

By Automation Level
• Semi-Automatic
• Automatic
• Manual

By Application
• Compressors
• Material Handling
• Pumps
• Others

By Industry
• Agriculture
• Metals & Mining
• Power Generation
• Oil & Gas
• Cement
• Water Supply and Wastewater Treatment
• Others

By Geography
• North America
o U.S.
o Canada
o Mexico
• Europe
o U.K.
o France
o Germany
o Italy
o Spain
o Rest of Europe
• Asia-Pacific
o China
o Japan
o India
o Korea
o Rest of APAC
• South America
o Brazil
o Rest of South America
• Rest of the World
o Middle East
o Africa

Motor Management Market Key Players

• Schneider Electric SE
• Hitachi, Ltd.
• Texas Instruments
• Siemens AG
• General Electric
• Mitsubishi Electric Corporation
• ABB Ltd.
• Rockwell Automation
• Analog Devices, Inc.
• Eaton Corporation Plc

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    What Information does this report contain?

    • What was the market size of the Motor Management Market in 2017 and the expected market size by 2025, along with the growth rate?
    • An in-depth analysis of the current impacting factors, opportunities and challenges/restraints in the market
    • Which are the largest revenue generating products, services or regions and their comparative growth rate?
    • Which technology is in trend and how would it evolve during the forecast period (2017 - 2025)?
    • Which are the leading companies in the Motor Management Market and their competitive positioning basis their market share, product portfolio, strategic attempts and business focus?

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