Global Industrial Motors Market Worth $ 123 Billion by 2019

Date: 2016-10-08

An Industrial motor is an electrical machine that converts electrical energy into mechanical energy. Industrial Motors includes Servo motors and Low-voltage induction motors on the base of classification, which represent 31% and 26% of global Industrial Motors market. 

Machinery Industrial, Industrial Robots, Petrochemical and Hospital are the main application of Industrial Motors product and Asia is the largest Industrial Motors market on production and consumption.

Global Industrial Motors market is projected to reach $ 123 Billion by 2019, with a GAGR of 5.5% from 2015, and Asia will have a big dynamic momentum on the market growth. The major players in the global Industrial Motors market are TECO, Pinnxun, TMEIC, FANUC, GE, Kollmorgen, Rockwell, Siemens, ABB, WEG, Hyundai Ideal etc.


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Joanna | Executive – International Business and partner Relations
E-mail: | Tel: 510-400-8520

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