The report "Electric Motor Sales Market by Type (AC and DC), Voltage (< 1 kV, 1 kV–6.6 kV, and > 6.6 kV), Output Power (< 1 hp and > 1 hp), End-User (Industrial, Commercial, Residential, Transportation, and Agriculture), and Region - Global Forecast to 2021", The electric motor sales market is expected to grow from an estimated USD 94.23 Billion in 2016 to USD 127.63 Billion by 2021, at a CAGR of 6.26% from 2016 to 2021. Increased use of motors across major industries, growing agricultural sector, and transition toward energy-efficient motors are the major factors driving the electric motor sales market across the globe.
To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the timing relay market. These include Siemens (Germany), ABB (Switzerland), General Electric (US), Schneider Electric (France), Eaton (Ireland), and Rockwell Automation (US).
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Scope of the Report:
• By Timer
o On-delay
o Off-delay
o Others
• By Mounting Type
o Panel Mounted
o DIN Rail Mounted
o Others
• By Function
o Single Function
o Multi-Function
• By End-User
o Utilities
o Industries
o Others
• By Region
o Asia Pacific
o North America
o Europe
o Middle East & Africa
o South America
Browse 70 market data Tables and 47 Figures spread through 138 Pages and in-depth TOC on "Timing Relay Market - Global Forecast to 2022"
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Objectives of the study
• To define, describe, and forecast the global electric motor sales market on the basis of voltage, output power, end-user, type, and region
• To provide detailed information regarding major factors influencing the market growth (drivers, restraints, opportunities, and industry-specific challenges)
• To strategically analyze the market with respect to individual growth trends of manufacturers and service providers, their future expansions, and contribution to the market
• To forecast the growth of the electric motors market with respect to the main regions (Asia-Pacific, Europe, North America, South America, and the Middle East & Africa)
• To strategically profile key market players and comprehensively analyze their market shares and core competencies
< 1 kV is the largest voltage type-based market segment
The report also segments the electric motor sales market by voltage range, which includes > 6.6 kV (high), 1 kV–6.6 kV (medium), and < 1 kV (low). < 1 kV voltage range-based electric motor sales market is expected to dominate the market by 2021 . This growth is majorly driven by Asia-Pacific due to the rapid industrialization and urbanization in the region. Moreover, the countries in all the other regions are undergoing rapid developments in the power sector; in turn, aiding the growth in demand for < 1 kV electric motors.
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The stakeholders included in this report are as follows:
• Consulting Companies in the Energy Sector
• Electric Motor Equipment Manufacturers
• Electric Motor Manufacturing Companies
• Energy Associations
• Environmental Associations
• Government and Research Organizations
• Investment Banks
• Power Companies
Research Methodology
This research study involved extensive usage of secondary sources, directories, and databases (such as Hoovers, Bloomberg, Businessweek, and Factiva) to identify and collect information useful for this technical, market-oriented, and commercial study of the market. The points mentioned below explain the research methodology applied in making this report.
 Analysis of all the operational and upcoming infrastructural projects across the world
 Analysis of country-wise industrial growth rate for the past 5 years
 Estimation of cost of electric motors in various regions using the cost-variant models
 Analyzing market trends in various regions/countries supported by the on-going industrial activities and rising automobile production
 Overall market size values are finalized by triangulation with the supply-side data which include the product developments, supply chain, and annual shipments of electric motors across the globe
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