The “Motor Management Market – Global Forecast to 2023” report has been added to Research and Markets’ offering.
The motor management market is expected to be worth USD 4.03 Billion by 2023, growing at a CAGR of 5.35% between 2017 and 2023. The major factors propelling the market growth are the rising demand for smart, multifunctional, integrated motor control and protection devices, as well as the need for reducing unplanned industrial downtime.
Based on product and service, the Motor Management market for software & solution services is expected to grow at the highest CAGR between 2017 and 2023. Motor management software & solution services include sensing and fault detection; overload protection; voltage and current regulator; and start, stop, and control of an electric motor. The major drivers of the market for the motor management in software & solution services include the increasing industrial automation and the growing demand for electric motors from various industries, increasing number of manufacturing processes, hassle-free installation, and enhanced overall effectiveness of the equipment.
Companies Mentioned
– Abb Ltd
– Ametek Inc.
– Anaheim Automation Inc. (Us)
– Analog Device Inc.
– Arm Holdings Plc (Uk)
– Bartec Gmbh (Germany)
– Bosch Rexroth Ag (Germany)
– Boston Engineering (Us)
– C3Controls (Us)
– Eaton Corporation
– Fanox Electronic S.L (Spain)
– Fuji Electric Co.Ltd.
– General Electric (Ge)
– Hitachi Ltd.
– Iar System (Sweden)
– Larsen & Toubro
– Mitsubishi Electric Corporation
– Nanotec Electronic Gmbh & Co. Kg
– Renesas Electronics (Japan)
– Rockwell Automation
– Schneider Electric Se
– Siemens Ag
– Texas Instruments Inc.
– Velmex Inc. (Us)
– Weg Sa
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Market, By Product & Service
8 Market, By Type
9 Market, By Control
10 Market, By Voltage Range
11 Market, By Application
12 Market, By Industry
13 Geographic Analysis
14 Competitive Landscape
15 Company Profiles
16 Appendix
For more information about this report visit https://www.researchandmarkets.com/research/3z5g7l/motor_management