The global oil and gas AC electric motors market is expected to grow at a CAGR of 7.5% during the forecast period, 2018-2030.
Electric motors convert electrical energy into mechanical energy, especially for mass use. Motors that operate on AC power for energy consumption through the mechanism of electromagnetic induction are called AC electric motors. The motor consists of two main parts, an external stator with windings supplied with AC power to create a primary rotating magnetic field, and a second with an internal rotor attached to the output shaft which creates a second rotating magnetic field.
COVID-19 has the potential to have three major effects on the global economy: directly impacting production and demand, causing supply chain and market disruption, and having a financial impact on businesses and financial markets. Our analysts, who are monitoring the situation throughout the world, believe that the market would provide producers with lucrative opportunities following the COVID-19 dilemma. The purpose of the report is to provide a more detailed representation of the current circumstances, the economic slowdown, and the influence of COVID-19 on the total industry.
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Market Segmentation:
By product type:
Induction Electric Motors
Synchronous Electric Motors
By application:
Onshore
Offshore
By Key companies:
RockWell
Yaskawa
Hoyer
GE
Siemens
ABB
TMEIC
Regal Beloit
ATB
Hitachi
Allied Motion
Schneider Electric
WEG
Toshiba
Johnson Electric
ARC System
Nidec
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By region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Key benefits:
- This market share and analysis is based on a comprehensive analysis of the main developments in the Oil & Gas AC Electric Motors industry.
- The development strategies of major market players are included to understand the competitive scenario in the global market.
- This study offers an in-depth analysis of market trends to clarify upcoming investment pockets.
- It provides information on key engines, restraints, and capabilities, along with an analysis of their impact on market size.
Reasons to Purchase this Report:
- The research contains a wealth of information, including market dynamics and opportunities for the forecast period.
- Quantitative, qualitative, value (USD Million), and volume (Units Million) data are among the segments and sub-segments.
- Data on demand and supply forces, as well as their impact on the market, may be found at the regional, sub-regional, and country levels.
- In the last three years, the competitive landscape has included share of significant competitors, new advances, and strategies.
- Companies that provide comprehensive products, important financial information, latest developments, SWOT analyses, and strategies.
Some Table of Content
Table of Content
1 Oil & Gas AC Electric Motors Market – Research Scope
1.1 Study Goals
1.2 Market Definition and Scope
1.3 Key Market Segments
1.4 Study and Forecasting Years
2 Oil & Gas AC Electric Motors Market – Research Methodology
2.1 Methodology
2.2 Research Data Source
2.2.1 Secondary Data
2.2.2 Primary Data
2.2.3 Market Size Estimation
2.2.4 Legal Disclaimer
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