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Induction Motor Market is Expected to Reach $15,810.3 Million by 2019, at a CAGR of 11.3% From 2014 to 2019


News provided by

MicroMarket Monitor

08 Apr, 2015, 14:30 GMT

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FORT WORTH, Texas, April 8, 2015 /PRNewswire/ --

The Global Induction Motor market report defines and segments the concerned market for Induction Motors with analysis and forecast of revenue. The Global Induction Motor market is estimated to grow from $8,805.5 million in 2014 to $15,810.3 million by 2019, at a CAGR of 12.4% from 2014 to 2019.

Browse through the TOC of induction motor market for an in-depth analysis of the industry trends and segments, with help of various tables and figures.

http://www.micromarketmonitor.com/market-report/induction-motor-reports-5993108122.html

Early buyers will receive 10% customization on this report.  

Induction Motors are simple and rugged in construction. Advantages of induction motors include their robustness and suitability for operation in any environmental condition. Nearly 70% of the machines used in industries use induction motors.

The Global Induction Motor market, by application, was led by the industrial sector in 2014, with a share of 50.8%. It is projected to reach a volume of $7,604.9 million by 2019, at a CAGR of 11.2% during the forecast period. The residential application market is estimated to grow at the highest CAGR of 15.2% till 2019.

Inquiry Before Buying @  http://www.micromarketmonitor.com/contact/5993108122-inquery_before_buy.html

Asia-Pacific is the leading market for induction motors globally with a market share of 40% in 2014. It is also the fastest-growing market with a CAGR of 12.9% from 2014 to 2019 among the four regions covered in the report, which are North America, Asia-Pacific, Europe, and Rest of the World. The global induction motor market is also segmented on the basis of type and applications.

The report includes market share and value chain analyses, along with market metrics, such as drivers and restraints. In addition, it presents a competitive landscape and company profiles of the key market players in the global induction motor market.

Report Subscription: 

MicroMarket Monitor produces exclusive market research reports, based on real-time data to provide better understanding of the dynamic market conditions of the Semiconductor & Electronics industry. The reports offer in-depth and complete analysis of the regional and country level marketplaces. The research reports for Semiconductor & Electronics industry are updated on quarterly basis and are easily available for purchase through annual subscriptions.

http://www.micromarketmonitor.com/offerings/subscription

About MicroMarket Monitor: 

MicroMarket Monitor identifies and attends to various unmet needs of different industrial verticals, which include value chain impact analysis. The company publishes about 12000 Market Research Reports on various Micro Markets across the world. The graphical nature and multidimensional analysis of these reports provide advanced Business Intelligence Tools to the clients in that particular target market.

Contact: 
Mr. Chandrasekhar K. 
5601 Bridge Street 
Suite 300 
Fort Worth, TX 76112 
Tel: +1-888-502-0539 
Email: sales@micromarketmonitor.com

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