APAC Automotive Suspension Systems Market Total Revenue Would Be $44.51 Billion By 2025

San Francisco, 29 May 2019 - The Asia Pacific automotive suspension systems market size is expected to reach USD 44.51 billion by 2025, according to a study conducted by Grand View Research, Inc., registering a CAGR of 4.44% during the forecast period. Automotive suspension systems are witnessing tremendous upsurge in the demand in the region owing to growing consciousness regarding vehicle safety and increasing sales of luxury vehicles. These systems play a vital role in keeping vehicle tires in contact with the road.

Failure or poor functioning of suspension systems can pose a threat to passengers and drivers, even well-trained ones. Such failures occur due to negligence of driver, equipment failure, inadequate road maintenance, or poor road construction. Suspension systems are used in passenger vehicles, light commercial vehicles, and heavy-duty commercial vehicles. They promote even and balanced tire and brake wear, maintain wheel alignment, and absorb sudden road shocks. These factors are estimated to drive the growth of the automotive suspension systems market in the region.

Continuous strengthening of global vehicle standards is the major constraint hampering the growth of the market. Frequent updates in vehicle safety standards and increasing need for passenger safety may affect the production of vehicles. Prominent automakers are implementing lightweight suspension solutions to meet requirements of buyers and abide by environmental standards. Moreover, implementation of lightweight solutions is easy for established market players whereas, new entrants may find it difficult to implement as lightweight suspension solutions are high in cost. Prominent vendors in the market include Continental AG; Tenneco Inc.; F-TECH INC.; WABCO Holdings.; and Multimatic Inc.

To request a sample copy or view summary of this report, click the link below:
www.grandviewresearch.com/industry-analysis/asia-pacific-automotive-suspension-systems-market

Further key findings from the study suggest:

• Increasing demand for passenger vehicles and luxury vehicles will drive the market in the region over the forecast period
• The passenger vehicle segment is estimated to reach about USD 39.2 billion by 2025
• In 2016, the independent suspension system segment accounted for the leading share and is expected to expand at a CAGR of close to 4.6% over the forecast period
• The electromagnetic damping type segment is projected to post the highest CAGR over the forecast period, followed by air suspension damping type
• On the basis of components, the ball joint segment is estimated to progress at the highest CAGR over the forecast period
• Prominent players in the market include Continental AG; Tenneco Inc.; F-TECH INC.; WABCO Holdings.; and Multimatic Inc.

Grand View Research has segmented the Asia Pacific automotive suspension systems market report based on system type, component type, vehicle type, damping type, and region:

a

APAC Automotive Suspension System Type Outlook (Revenue, USD Billion, 2014 - 2025)

• Dependent (Rigid) Suspension System
• Independent Suspension System

APAC Automotive Suspension Systems Component Type Outlook (Revenue, USD Billion, 2014 - 2025)

• Springs
• Control Arms
• Shock Absorbers/Dampeners
• Ball Joints
• Others

APAC Automotive Suspension Systems Vehicle Type Outlook (Revenue, USD Billion, 2014 - 2025)

• Passenger Vehicles
• Commercial Vehicles

APAC Automotive Suspension Systems Damping Type Outlook (Revenue, USD Billion, 2014 - 2025)

• Electromagnetic
• Hydraulic
• Air Suspension
• Others

APAC Automotive Suspension Systems Region Outlook (Revenue, USD Billion, 2014 - 2025)

• Asia Pacific
  • India
  • China
  • Japan

Access Official Press Release Of This Report: www.grandviewresearch.com/press-release/asia-pacific-automotive-suspension-systems-market-analysis

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

Agricultural Robots Market Worth Would Be $8.82 Billion By 2025 | CAGR: 24.7%

San Francisco, 28 May 2019 - The global agricultural robot market is anticipated to reach USD 8.82 billion by 2025, according to a new report by Grand View Research, Inc. The agriculture industry is changing dramatically, across the globe. The growing technological advancements and innovations in robotics have increased the sales of the agricultural robots.

                                    Agricultural robots market, by application, 2015 (%)

Indoor farming refers to crop cultivation using high-pressure sodium lamps or LEDs and growth in aeroponic and hydroponic systems. Additionally, indoor farming provides protection and optimal growing conditions. The use of this technology by small commercial growers for producing crops is expected to increase their capacity and economic viability.

The future of the indoor farming industry is technology and data driven. The climate control technology is enabling high yields. A farm management system helps growers in reducing the time spent on analyzing and collecting crop yield data. The growing adoption of indoor farming is likely to spur the agriculture robot market.

Farm employment includes exposure to pesticides, long working hours, poor sanitary conditions, and other health risks. Most of the agricultural work is physical in nature, which increases the risks of accidents by fatigue, difficult terrain, poorly designed tools, and extreme weather conditions. In addition to physically demanding labor, heat & sun exposure and dangerous machinery increase the risks of farming.

Based on working methods, the working conditions in commercial plantations vary from traditional intensive methods to highly mechanized extensive methods. However, only some of the agricultural workers are covered by employment injury benefits, national legislation, and insurance schemes.

Farming causes several respiratory hazards in farmworkers. Organic dust toxic syndrome (ODTS), caused by grain and silage dust, is a common respiratory illness prevailing among the farmers. Agricultural noise and chemical hazards are the other common health hazards of farming. Prolonged exposure to excessive noise produced by choppers, tractors, chainsaws, and grain dryers can cause permanent hearing loss.

However, lack of awareness and high initial capital investments are anticipated to restrain the market growth over the forecast period. The robots used for agricultural purposes require additional application-specific advanced processing equipment, resulting in increased capital investment.

To request a sample copy or view summary of this report, click the link below:
www.grandviewresearch.com/industry-analysis/agricultural-robots-market

Further key findings from the report suggest:

• Increasing privatization of agricultural resources and services are expected to drive the market demand
• Milking robots product segment is anticipated to dominate the market in terms of revenue over the projected period
• The growing penetration of vertical farming is likely to spur the materials management product segment
• The ability of drones to hover low over fields along with sensing devices has benefitted the farmers by reducing their dependability on climate
• The Asia Pacific region is witnessing highest penetration growth in the agricultural robot market and possesses greater growth opportunities for companies planning to invest in long haul
• The Chinese agricultural processes have been modernized by the introduction of the crop-dusting drones
• The key players of the agricultural robot market include CNH Industrial (UK), CLAAS (Germany), GEA Group (Germany), and Harvest Automation, Inc. (U.S.)

Grand View Research has segmented the agricultural robot market based on product, application, and region:

Agricultural Robot Product Outlook (Revenue, USD Million, 2014 - 2025)

• UAV
• Driverless tractor
• Milking robots
• Materials management

Agricultural Robot Application Outlook (Revenue, USD Million, 2014 -2025)

• Field farming
• Dairy management
• Animal management
• Soil management
• Crop management

Agricultural Robot Regional Outlook (Revenue, USD Million, 2014 -2025)

• North America
  • US.
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
• Asia Pacific
  • China
  • Japan
  • India
• South America
  • Mexico
• The Middle East and Africa (MEA)

Access Official Press Release Of This Report: www.grandviewresearch.com/press-release/global-agricultural-robots-market

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

Interactive Whiteboard Market Worth $2.36 Billion By 2025 | Top Companies Are Cisco Systems, Inc.; Google, Inc.

San Francisco, 28 May 2019 - The global interactive whiteboard market size is estimated to reach USD 2.36 billion by 2025 expanding at a CAGR of 6.8% from 2019 to 2025, according to a study conducted by Grand View Research, Inc. Rising need for standalone systems for collaborative meetings and digital learning methods is expected to boost the demand for whiteboards across the world. The introduction of IWBs has technologically transformed in the areas of education, modern business methods, and other commercial spaces. It offers increased involvement of peers through screen sharing and interactive communications. It also provides digital annotation of documents to enable mobility and facilitate ease of operability for end users.

Factors, such as the changing consumer lifestyles and worldwide penetration of the Internet, have favorably impacted the adoption of IWB technologies. This technology is getting integrated at all levels of education including primary, secondary, and higher education. Furthermore, the introduction of advanced learning methods and emphasis on the gamification in education system have boosted the demand for digital learning. Differently-abled students can benefit from the convenience and flexibility that IWBs offer. They provides assistance to students with visual as well as hearing impairment. Also, real-time online classes ensure that the unique learning requirements of each student are met satisfactorily with minimal cost of learning. Several government initiatives across the world aimed at transforming the conventional blackboard classrooms into digital ones will augment the demand.

Thus, increasing implementation of virtual learning and e-learning environments across the globe, particularly in developing countries, is further expected to bolster the market growth over the forecast period. However, high complexity and integration cost along with the lack of technical knowledge and training pertaining to the use of information and communication technologies may hinder the growth. Moreover, insufficient funding and resources are some of the major challenges faced by educational institutions, which may restrain the growth. Additionally, increasing penetration of interactive flat panel displays and availability of other substitute technologies, such as holographic and multi-touch interactive displays, in the education sector are expected to impede the interactive whiteboard (IWB) market growth.

To request a sample copy or view summary of this report, click the link below: www.grandviewresearch.com/industry-analysis/interactive-whiteboard-market

Further key findings from the study suggest:

• Increasing adoption of emerging learning techniques in the education industry through the use of interactive technologies is likely to drive the market over the forecast period
• Capacitive IWBs is expected to register the highest CAGR over the forecast period as they facilitate better content management and deliver high-quality content
• Portable IWBs have a high demand from the commercial sector as they have compatibility between various business tools and offer support through advanced analytics
• Front projection technique IWBs are widely used in schools and colleges as they offer brighter screens and are often preferred for large event spaces
• However, the demand for rear projection IWBs is projected to expand at the highest CAGR over the forecast period
• The product demand in the education application sector held more than 60% of the overall market share and is anticipated to register the highest CAGR of 7.2% in the forecast period
• APAC is said to be the fastest-growing region due to rapid evolution of communication systems, digital technologies, and development of educational infrastructure
• Prominent industry participants include Cisco Systems, Inc.; Google, Inc.; Hitachi, Ltd.; Microsoft Corporation; and Panasonic Corporation

Grand View Research has segmented the global interactive whiteboards market on the basis of technology, form factor, projection technique, application, and region:

Interactive Whiteboards Technology Outlook (Revenue, USD Million, 2014 - 2025)

• Infrared
• Resistive Membrane
• Electromagnetic Pen
• Capacitive
• Others

Interactive Whiteboards Form Factor Outlook (Revenue, USD Million, 2014 - 2025)

• Fixed
• Portable

Interactive Whiteboards Projection Technique Outlook (Revenue, USD Million, 2014 - 2025)

• Front Projection
• Rear Projection

Interactive Whiteboards Application Outlook (Revenue, USD Million, 2014 - 2025)

• Education
• Corporate
• Commercial
• Others

Interactive Whiteboards Regional Outlook (Revenue, USD Million, 2014 - 2025)

• North America
  • US.
  • Canada
• Europe
  • UK.
  • Germany
• Asia Pacific
  • China
  • India
  • Japan
  • Korea
  • Indonesia
  • Australia
• Latin America
  • Brazil
  • Mexico
• Middle East & Africa

Access Official Press Release Of This Report: www.grandviewresearch.com/press-release/global-interactive-whiteboard-market

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

Plate & Frame Heat Exchangers Market Would Be Around Of $7.43 Billion by 2025

San Francisco, 28 May 2019 - The global plate and frame heat exchangers market size is projected to be valued at USD 7.43 billion by 2025, according to a new report by Grand View Research, Inc. It is projected to expand at a CAGR of 7.3% during the forecast period. Energy infrastructure expansion along with rising demand from power generation sector is expected to drive the growth. Factors including technological innovations and rising focus on improving the efficiency standards are anticipated to lower total ownership costs and increase durability and efficiency of heat exchangers over the foreseeable future.

Growing need for heat recovery utilities in the HVAC, chemical, and food and beverage sector is expected to spur the demand for Plate and Frame Heat Exchangers (PFHE). Expanding power generation infrastructure in countries including India, China, Thailand, and Vietnam coupled with growing need for energy efficient utilities is likely to drive the PFHE market in the forthcoming years.

Welded systems accounted for 23.20% of the total market share in terms of revenue in 2018. Widespread use of welded plate and frame heat exchangers in the automobile, oil and gas, petrochemical, pharmaceutical, and paper manufacturing industries is expected to boost growth over the next seven years. High corrosion resistance coupled with less chance of leakage of welded plate and frame heat exchangers is anticipated to drive product penetration in the oil and gas industry.

To request a sample copy or view summary of this report, click the link below: www.grandviewresearch.com/industry-analysis/plate-and-frame-heat-exchanger-market

Further key findings from the report suggest:

• Gasketed plate and frame heat exchanger occupied the largest market share of 57.08% in 2018 owing to its widespread application in heating, cooling, heat recovery, evaporation, and condensation
• Chemicals emerged as the largest end-use industry and accounted for 24.01% of the total market share in terms of revenue in 2018. Petrochemical is expected witness a CAGR of 7.1% from 2019 to 2025
• Europe led with a market share of 36.12% in terms of revenue in 2018. Stringent regulations have led to the increased use of PFHE in chemical industries and refineries which is anticipated to be the major contributing factor for the regional growth
• Asia Pacific is expected to register the highest CAGR of 8.4% over the forecast period from 2019 to 2025. Rapid urbanization coupled with growing population in countries including China and India is likely to drive the growth
• The global plate and frame heat exchanger market is characterized by the presence of large number of companies. Major companies engaged in design, manufacturing, and distribution of PFHE include Danfoss, AIC S.A; Alfa Laval; Fischer Maschinen und Apparatebau GmbH; API Heat Transfer, Inc.; Kelvion Holding GmbH; Guntner GmbH & Co. KG; and Hisaka Works Limited.

Grand View Research has segmented the global plate and frame heat exchangers market on the basis of product, end use, and region:

Plate and Frame Heat Exchangers Product Outlook (Revenue, USD Million, 2015 - 2025)

• Brazed plate heat exchanger
• Gasketed plate and frame heat exchanger
• Welded plate and frame heat exchanger
• Others

Plate and Frame Heat Exchangers End Use Outlook (Revenue, USD Million, 2015 - 2025)

• Chemical
• Food & beverage
• HVAC & refrigeration
• Petrochemical
• Power generation
• Pulp & paper
• Others

Plate and Frame Heat Exchangers Regional Outlook (Revenue, USD Million, 2015 - 2025)

• North America
  • US.
  • Canada
• Europe
  • Germany
  • France
  • Italy
• Asia Pacific
  • China
  • India
  • Japan
• Central & South America
• Middle East & Africa

Access Official Press Release Of This Report: www.grandviewresearch.com/press-release/global-plate-frame-heat-exchanger-market

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

Underwater Robotics Market Total Revenue Will Reach Around $6.74 Billion By 2025 With CAGR 13.5%

San Francisco, 28 May 2019 - The global underwater robotics market size is expected to reach USD 6.74 billion by 2025, according to a new report by Grand View Research, Inc. The market is projected to expand at a substantial CAGR of 13.5% over the forecast period. Rising adoption of underwater robotics technology across military and commercial exploration applications for intelligence, surveillance, inspection, underwater repair maintenance, navigation and communication, and other operations is anticipated to boost market growth over the forecast period.

The commercial exploration segment held a significant share in themarket in 2017. The autonomous underwater vehicles (AUV) segment is expected to gain traction over the forecast period while reaching at over USD 1.48 billion by 2025. These vehicles are used in commercial exploration of oil and gas, military missions, as well as for scientific research activities.

The market growth is attributed to the rising investments in defense sectors across different countries. For instance, in 2016 the United States Department of Defense announced an investment of USD 600 million over the period of 2016 to 2020 for the development of variable payload unmanned undersea vehicles capabilities. This investment was majorly made by the U.S. Navy to improve intelligence, surveillance and rescue operations, acoustic surveillance, mine countermeasure, and anti-submarine warfare operation.

To request a sample copy or view summary of this report, click the link below: www.grandviewresearch.com/industry-analysis/underwater-robotics-market

Further key findings from the study suggest:

• The global underwater robotics market accounted for USD 2.52 billion in 2017 and is expected to develop at a CAGR of 13.5% from 2018 to 2025
• ROV segment emerged as the largest by type in 2017 and is estimated to reach USD 5.26 billion by 2025
• By application, the commercial exploration segment is anticipated to witness the highest CAGR of 14.8% over the forecast period
• The Asia Pacific region is estimated to expand at the highest CAGR over the forecast period. Growing investments in autonomous marine vehicles in countries such as China, South Korea, Japan, India, and Australia are expected to drive the region’s growth
• Some of the key companies are Oceaneering International Inc.; ECA Group; Atlas Maridan; and Bluefin Robotics Corp.

Grand View Research has segmented the global underwater robotics market on the basis of type, application, and region:

Underwater Robotics Type Outlook (Revenue, USD Million, 2014 - 2025)

• Remotely Operated Vehicle (ROV)
• Autonomous Underwater Vehicles (AUV)

Underwater Robotics Application Outlook (Revenue, USD Million, 2014 - 2025)

• Defense & Security
• Commercial Exploration
• Scientific Research
• Others

Underwater Robotics Regional Outlook (Revenue, USD Million, 2014 - 2025)

• North America
  • US.
  • Canada
• Europe
  • UK.
  • Germany
  • Russia
  • France
• Asia Pacific
  • China
  • India
  • Japan
  • Australia
• Latin America
  • Brazil
  • Mexico
• MEA

Access Official Press Release Of This Report: www.grandviewresearch.com/press-release/global-underwater-robotics-market

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

Carry Cases Market Total Worth Scope Of $9.27 Billion By 2025 With CAGR: 6.1%

San Francisco, 27 May 2019 - The global carry cases market size is estimated to reach USD 9.27 billion by 2025, according to a new study by Grand View Research, Inc. The increase in the level of disposable income has enabled consumers to spend on gadgets such as notebooks and tablets. Furthermore, the growth of the e-commerce industry has stimulated the sale of accessories such as backpacks, sleeves, and other carry cases.

The introduction of multiple models of laptops is expected to promote the market growth since devices of different sizes and designs require different cases. Moreover, the introduction of smart cases is expected increase customer adoption as it improves the functionality of the cases. For instance, carry cases are available that are made of special material that blocks RFID signals to protect credit cards and passport from wireless identity theft.

The market is lucrative in developing regions such as Asia Pacific due to emerging businesses that implement BYOD. The adoption of BYOD improves work flexibility in terms of flexibility of employee work hours and work access from anyplace. Moreover, it helps increase productivity and reduce operation costs for the organization. Thus, it increases the usage of wireless connected devices such as tablets and laptops, which in turn increases the usage of products such as sleeves and messenger bags. Furthermore, innovative product design is expected to enhance the aesthetic value and protection capability of carry cases, thereby, increasing their adoption.

The usage of backpacks and sleeves for marketing and promotional purposes is expected to increase the scope for commercial applications at educational institutions and workplaces.Furthermore, the recent trend of customization whereby customers can get their names printed on the cases or get personalized designs is expected to boost the demand for carry cases.

The market comprises a large number of players including local manufacturers and authorized retailers. The market competition is high and mainly price-based. The presence of counterfeit products is expected to restrain the market growth and affect the profitability of market participants.

To request a sample copy or view summary of this report, click the link below: www.grandviewresearch.com/industry-analysis/carry-cases-market

Further key findings from the study suggest:

• The introduction of various electronic devices such as tablets and laptops are anticipated to foster the growth of the global carry cases market.
• Carry cases serve to protect devices and are widely adopted for their aesthetic value and functionality.
• The commercial segment is the fastest-growing consumer type segment with a CAGR of 9.3% over the forecast period.
• The sleeves segment is the fastest-growing product segment, registering a CAGR of 7.5% over the forecast period.
• Asia Pacific is the fastest-growing regional segment due to the growth of electronic corporations in this region.
• The key industry participants include Targus, Torg, Fabrique Ltd., Lenovo, Swissgear, Thule Group, AsusTeK Computer Inc., Case Logic, North Face, and Incase Design Corp., among others.

Grand View Research has segmented the global carry cases market based on product, customer type, and region:

Carry Cases Product Scope (Revenue, USD Million; Volume, Million Units; 2014 - 2025)

• Backpack
• Briefcase
• Messenger bags
• Sleeves
• Others

Carry Cases Customer Type Scope (Revenue, USD Million; Volume, Million Units; 2014 - 2025)

• Consumer
• Commercial

Carry Cases Regional Scope (Revenue, USD Million; Volume, Million Units; 2014 - 2025)

• North America
  • US.
  • Canada
• Europe
  • UK
  • Germany
• Asia Pacific
  • China
  • India
  • Japan
• Latin America
  • Brazil
• MEA

Access Official Press Release Of This Report: www.grandviewresearch.com/press-release/global-carry-cases-market

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

Electric AC Motors Market Worth $146.6 Billion By 2025 | CAGR: 7.3%

San Francisco, 27 May 2019 - The global electric AC motors market is expected to reach USD 146.6 billion by 2025, according to a new report by Grand View Research, Inc. These products are widely used in compressors, fixed cranes, diesel electric engines, and domestic appliances. Their key advantages, such as cost-effectiveness and efficient operation in harsh environments, are making them suitable for a variety of applications. These high-efficiency products are likely to witness huge growth, owing to their low maintenance requirements, long operating life, and low power consumption.

The rising global demand for AC motors-driven engines is also spurring the market growth. Furthermore, factors, such as growing demand for HVAC equipment and industrial machinery, are projected to propel the market demand by 2025. AC motors have undergone numerous technological advancements over the past few years, which have resulted in increased demand for these motors.

The electric AC motors market is anticipated to witness substantial growth over the forecast period, owing to the rising number of industries across developed and developing countries. The market is further driven by the extensive adoption of these products in diverse industrial equipment such as fixed cranes, conveyor belts, electric saw, and so on.

The ever-rising fuel prices and mounting need among consumers for using cleaner sources of energy has driven the market growth for electric motors in the recent years. An AC motor acts as the key component of electric motors is likely to drive the demand. Furthermore, increasing environmental concerns and rising government initiatives pertaining to environment conservation continue to be the key drivers of the market growth.

HVAC systems are largely employed in various places such as commercial spaces, offices, and shopping malls. The growing rate of urbanization and enhanced standard of living have led to the large-scale installation of HVAC systems. AC motors are used in HVAC equipment to power air blowers that regulate air flow.

The ability of AC type to operate at different speeds, along with the increased dependability and operational efficiency of an equipment, is anticipated to lead to an increase in their adoption over the forecast period.

To request a sample copy or view summary of this report, click the link below: www.grandviewresearch.com/industry-analysis/electric-ac-motors-market

Further key findings from the report suggest:

• The electric AC motors market was valued at USD 78.6 billion in 2016 and is predicted to grow at a CAGR of 7.3% over the forecast period, which can be attributed to their growing adoption in HVAC equipment and industrial machinery
• The induction segment captured a major market share in 2016, owing to factors such as sturdy construction, low maintenance, and efficient operation in unfavorable environments
• The increasing utilization of motors with integral HP output in hybrid electric vehicles is expected to boost the market prospects of the segment
• AC motors are broadly adopted in the industrial machinery sector, owing to their benefits such as robust functioning and safe operations
• The Asia Pacific region is projected to witness substantial growth with a CAGR exceeding 8% over the forecast period, owing to the increasing commercialization and industrialization in the developing economies such as China, India, and Japan
• The key players, such as ABB Ltd., Toshiba, Baldor Electric Co., and Siemens AG, dominated the market in 2016 and focus on increasing market presence through mergers and acquisitions.

Grand View Research has segmented the global electric AC motors market based on types, voltage, end uses, and regions:

Type Outlook (Revenue, USD Billion, 2014 - 2025)

• Synchronous AC Motors
• Induction AC Motors

Voltage Outlook (Revenue, USD Billion; 2014 - 2025)

• Integral HP Output
• Fractional HP Output

End Use Outlook (Revenue, USD Billion; 2014 - 2025)

• Industrial Machinery
• Motor Vehicles
• HVAC Equipment
• Aerospace & Transportation
• Household Appliances
• Others

Regional Outlook (Revenue, USD Billion; 2014 - 2025)

• North America
  • US.
  • Canada
• Europe
  • UK
  • Germany
• Asia Pacific
  • China
  • India
  • Japan
• Latin America
  • Brazil
  • Mexico
• Middle East & Africa 

Access Official Press Release Of This Report: www.grandviewresearch.com/press-release/global-electric-ac-motors-market

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com