Precision Electric Motors (Brushless) Market to Rise to US$52.22


Posted September 14, 2015 by Alinajohn

“Precision Electric Motors (Brushless) Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 – 2020”

 
A new report published by Transparency Market Research, titled “Precision Electric Motors (Brushless) Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 – 2020”, is a professional and comprehensive guide to the precision electric motors (brushless) market on a global level, and provides accurate estimates in terms of revenue (USD billion) for the forecast period 2014 to 2020.


Browse Report: http://www.transparencymarketresearch.com/precision-electric-motors-market.html


The report states that the global precision electric motors (brushless) market stood at US$25.45 billion in 2014. Growing at a 12.7% CAGR during 2014-2020, the market could reach US$52.22 billion.

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The major factor responsible for the growth of the precision electric motors (brushless) market covered in this study report is the positive economic outlook around the world. A number of growing manufacturing industries in the regions of Indonesia, South Korea, China, and India in Asia-Pacific are generating a high demand for electric motors for premium performance.

Press Release: http://www.transparencymarketresearch.com/pressrelease/precision-electric-motors-market.htm


A study of such factors that are responsible for the shift in market trends reveals that due to growing activities in the increasing application segments and the contribution of various manufacturers to the revenue, this market is rising.

Article: http://www.transparencymarketresearch.com/article/precision-electric-motors-market.htm


The report segments the market based on product types into AC brushless motors and DC brushless motors, with DC brushless motors leading the global market due to increase in its usage in chassis and power-train applications in automobiles. Moreover, based on application, the report categorizes the market into automotive, healthcare, defense and aerospace, industrial machinery, household appliances, and others. The industrial machinery segment currently holds the largest market share in the precision electric motors (brushless) market, while the defense and aerospace and automotive segments are expected to grow rapidly by the end of 2020.

Other Reports:

Power Banks Market: http://www.transparencymarketresearch.com/power-banks-market.html

Consumer Electronics Market: http://www.transparencymarketresearch.com/consumer-electronics-market.html

About TMR

Transparency Market Research (TMR) is a U.S. based market intelligence company driven by high-pedigree consultants and researchers. TMR leverages its Syndicated Research, Custom Research, and Market Consulting expertise to help businesses make accurate decisions. TMR’s exclusive blend of quantitative forecasting and trends analysis draws on proprietary data sources and techniques, while their data repository is continuously updated to reflect the latest trends.

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Last Updated September 14, 2015