AC Electric Motor Sales in Oil & Gas
Press Release

AC Electric Motor Sales in Oil & Gas Market is accounted for $9.18 billion in 2017 and is expected to reach $15.87 billion by 2026 growing at a CAGR of 6.3%. Factors such as rising demand for the technological developments and increase in the transition to energy-efficient motors in oil & gas industry are driving the market growth. However, stringent government regulations and the constant growth of the oil & gas industry are hampering the growth of the market.

AC electric motor is powered by alternating current and comprises of two main parts, namely, an outside stator possessing coils supplied with AC to generate a first rotating magnetic field along with an inside rotor attached to the output shaft creating a second rotating magnetic field.

Get Sample PDF For More Professional And Technical Insights at:

Based on the output power (HP), > 1 HP segment has a lucrative market share during the forecast period. Due to the wide application of these motors in the oil & gas sector including pumps, auxiliary generators, centrifugal & reciprocating compressors, and cranes. The trend is highly evident in developed economies, wherein the purchasing power is high. By geography, the Asia Pacific region is driven by increasing rapid industrial development, especially in the oil & gas industry is some of the key factors responsible for the growth of the AC electric motor market.

Some of the key players in AC Electric Motor Sales in Oil & Gas market include ABB, Allied Motion, ARC System, ATB, GE, Hitachi, Hoyer, Johnson Electric, Nidec Corporation, Regal Beloit, RockWell, Schneider Electric, Siemens, TMEIC, Toshiba Corporation, WEG SE, and Yaskawa.

Voltages Covered:
– <1 kV Motor
– 1-6.6 kV Motor
– >6.6 kV Motor

Types Covered:
– Synchronous Motor
– Induction Motor

Output Power (HP) Covered:
– <1 HP Motor
– >1 HP Motor

Output Power (KW) Covered:
– 0.12-7.5 kW
– 7.5-110 kW
– 110-1,000 kW
– >1,000 kW

Applications Covered:
– Onshore
– Offshore

Regions Covered:
– North America
o US
o Canada
o Mexico
– Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
– Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
– South America
o Argentina
o Brazil
o Chile
o Rest of South America
– Middle East & Africa
o Saudi Arabia
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
– Market share assessments for the regional and country level segments
– Strategic recommendations for the new entrants
– Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
– Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
– Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis etc.
– Strategic recommendations in key business segments based on the market estimations
– Competitive landscaping mapping the key common trends
– Company profiling with detailed strategies, financials, and recent developments
– Supply chain trends mapping the latest technological advancements

Get Complete Report at:

Contact Info:
Name: Sameer Joshi
Email: [email protected]
Organization: Premium Market Insights
Phone: +1-646-491-9876

About Premium Market Insights:

Premium Market Insights is a one stop shop of market research reports and solutions to various companies across the globe. We help our clients in their decision support system by helping them choose most relevant and cost effective research reports and solutions from various publishers. We provide best in class customer service and our customer support team is always available to help you on your research queries. Our commitment to customer service is best exemplified by free analyst support that we offer to our clients which sets us apart from any other provider.

This post was originally published on The Picayune Current