AC Electric Motor Sales in Oil & Gas Market How the Market Will Witness Substantial Growth in the Upcoming years to 2026

AC Electric Motor Sales in Oil & Gas Market is accounted for $9.18 billion in 2017 and is expected to reach $15.87 billion by 2026 growing at a CAGR of 6.3%. Factors such as rising demand for the technological developments and increase in the transition to energy-efficient motors in oil & gas industry are driving the market growth. AC electric motor is powered by alternating current and comprises of two main parts, namely, an outside stator possessing coils supplied with AC to generate a first rotating magnetic field along with an inside rotor attached to the output shaft creating a second rotating magnetic field.

Some of the key players in the global AC Electric Motor Sales in Oil & Gas market include:

ABB, Allied Motion, ARC System, ATB, GE, Hitachi, Hoyer, Johnson Electric, Nidec Corporation, Regal Beloit, RockWell, Schneider Electric, Siemens, TMEIC, Toshiba Corporation, WEG SE, and Yaskawa.

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AC Electric Motor Sales in Oil & Gas Market research report is being presented with a motive to enrich readers by offering an extensive and explicit analysis of AC Electric Motor Sales in Oil & Gas industry. The report covers each characteristic of the AC Electric Motor Sales in Oil & Gas industry including market growth.

Market Segment as follows:

Voltages Covered:

– <1 kV Motor

– 1-6.6 kV Motor

– >6.6 kV Motor

Types Covered:

– Synchronous Motor

– Induction Motor

Output Power (HP) Covered:

– <1 HP Motor

– >1 HP Motor

Applications Covered:

– Onshore

– Offshore.

AC Electric Motor Sales in Oil & Gas Market: Regions Covered: North America, Europe, Asia Pacific, South America, Middle East & Africa.

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Reason to Buy

– Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the AC Electric Motor Sales in Oil & Gas Market.

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– The key findings and recommendations highlight crucial progressive industry trends in the AC Electric Motor Sales in Oil & Gas Market, thereby allowing players to develop effective long term strategies in order to garner their market revenue.

– Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.

– Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those restraining the growth at a certain extent.

What are the market factors that are explained in the report?

Market Dynamic Factors: The AC Electric Motor Sales in Oil & Gas Market research report provides comprehensive forecast estimations supported by the market trends, development patterns, and analytical techniques.

Key Strategic Developments: The study also includes the key strategic developments of the market, comprising, new product launch, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.

Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin.

Key Target Audience: The report is a helpful documentation and provides significant insights to customers, providers, distributors, suppliers, manufacturers, investors, and individuals who are interested in this market.

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Posted by on Friday August 16 2019, 10:35 AM EDT. All trademarks acknowledged. Filed under Business Services, Energy & Natural Resources, Featured Press Release. Comments and Trackbacks closed. Follow responses: RSS 2.0

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