Motor Management Market by Product & Service (Hardware and Software & Solution Services), Type (Synchronous Motor and Asynchronous Motor), Control, Voltage Range, Application, Industry, and Geography - Global Forecast to 2023

“Motor Management Market expected to exhibit significant growth potential between 2017 and 2023.”
The Motor Management Market is expected to reach USD 4.03 billion by 2023, 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.

“Motor management software & solution services market likely to grow at the highest rate between 2017 and 2023”
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.

“Motor management for asynchronous motors held the larger market size in 2016”
Motor management for asynchronous motors held a larger market size than asynchronous motors in 2016. The asynchronous nature of the motor derives from the difference between the rotational speed of the armature field and rotor. The speed of an asynchronous motor reduces with the increase in the load, which is affected by the applied change in the voltage. Asynchronous motors are widely used in centrifugal fans, blowers, pumps, compressors, conveyors, and various other applications due to their high speed. Motor management devices such as circuit breakers, soft relays, and switches are used to control the power factors and voltage loads. This drives the market for motor management for asynchronous motors.


“Motor Management Market in North America likely to grow at the highest rate between 2017 and 2023”
The industrial infrastructure installed in North American industries is a couple of decades old, and companies in the region are currently focusing on upgrading the aging infrastructure. The replacement of existing control systems with a modern version of motor management would increase the plant efficiency and reduce the plant downtime for maintenance. Moreover, North America aims to reduce its emissions by 30% from 2005 to 2030 as part of a clean power plan proposed by the Environmental Protection Agency (EPA). The steady growth in industries such as food & beverages, construction, power generation, and also some mining projects in the region are key drivers for the Motor Management Market.

Breakdown of the profiles of the primary participants in the report are as follows:
‧ By Company Type: Tier 1 – 65%, Tier 2 – 14%, and Tier 3 – 21%
‧ By Designation: C-Level Executives – 31%, Directors – 44%, and Others – 25%
‧ By Region: North America – 45%, Europe – 31%, APAC – 20%, and RoW – 4%
Key players in the market include General Electric (US), Texas Instruments (US), Siemens AG (Germany), Schneider Electric SE (France), ABB Ltd. (Switzerland), Analog Devices, Inc., (US), Eaton Corporation Plc (Ireland), Mitsubishi Electric Corporation (Japan), Rockwell Automation (US), and Hitachi, Ltd (Japan).

Research Coverage:
The research report on the global Motor Management Market covers segments such as type, product & service, voltage range, control, application, industry, and region. The market has been segmented on the basis of types into synchronous motor and asynchronous motor. Based on product & services, the motor management market has been classified into hardware and software & solution services. The report covers three voltage ranges of motor management and control device—low, medium, and high voltage. The Motor Management Market has been segmented on the basis of controls into automatic, semi-automatic, and manual. Based on applications, the Motor Management Market has been segmented into pumps, compressors, material handling, and others. The end-user industries of motor management include oil & gas, metals & mining, power generation, chemicals, cement, food & beverages, agriculture, water supply and wastewater treatment. The report covers four major geographic regions, namely North America, Europe, Asia Pacific, and Rest of the World (RoW).

Key Benefits of Buying the Report:
Illustrative segmentation, analysis, and forecast for the market—by type, product & service, voltage range, control, application, industry, and region—has been conducted to provide an overview of the Motor Management Market.
Value chain analysis has been provided in the report to depict the hardware manufacturers, software providers, and system integrators involved in the Motor Management Market.
The major drivers, opportunities, and challenges for the Motor Management Market have been detailed in this report.
The detailed competitive landscape includes key players, in-depth analysis, and competitive leadership mapping of the key players by determining their product offerings and business strategies.

TABLE OF CONTENTS

1 INTRODUCTION 16
1.1 OBJECTIVES OF THE STUDY 16
1.2 DEFINITION 16
1.3 STUDY SCOPE 17
1.3.1 MARKETS COVERED 17
1.3.2 YEARS CONSIDERED FOR THE STUDY 17
1.4 CURRENCY 18
1.5 LIMITATIONS 18
1.6 STAKEHOLDERS 18
2 RESEARCH METHODOLOGY 19
2.1 RESEARCH DATA 19
2.1.1 SECONDARY DATA 20
2.1.1.1 Secondary sources 20
2.1.2 PRIMARY DATA 21
2.1.2.1 Primary sources 21
2.1.2.2 Key industry insights 22
2.1.2.3 Breakdown of primaries 22
2.2 MARKET SIZE ESTIMATION 23
2.2.1 BOTTOM-UP APPROACH 23
2.2.1.1 Approach for capturing the market share by bottom-up analysis (demand side) 23
2.2.2 TOP-DOWN APPROACH 24
2.2.2.1 Approach for capturing the market share top-down analysis (supply side) 25
2.3 MARKET BREAKDOWN AND DATA TRIANGULATION 26
2.4 RESEARCH ASSUMPTIONS 27
3 EXECUTIVE SUMMARY 28
4 PREMIUM INSIGHTS 33
4.1 MOTOR MANAGEMENT AND CONTROL DEVICE MARKET, 2017–2023 (USD MILLION) 33
4.2 MOTOR MANAGEMENT AND CONTROL DEVICE MARKET, BY TYPE (2017–2023) 34
4.3 MOTOR MANAGEMENT AND CONTROL DEVICE MARKET, BY MOTOR VOLTAGE (2017) 34
4.4 MOTOR MANAGEMENT AND CONTROL DEVICE MARKET, BY MOTOR CONTROL (2017) 35
4.5 MOTOR MANAGEMENT AND CONTROL DEVICE MARKET, BY APPLICATION (2017) 35
4.6 MOTOR MANAGEMENT AND CONTROL DEVICE MARKET, BY INDUSTRY AND REGION (2017) 36
4.7 MOTOR MANAGEMENT AND CONTROL DEVICE MARKET, BY GEOGRAPHY (2017) 37
5 MARKET OVERVIEW 38
5.1 INTRODUCTION 39
5.1.1 DRIVERS 40
5.1.1.1 Rising demand for smart, multifunctional, integrated motor control and protection devices 40
5.1.1.2 Need for reducing unplanned industrial downtime 40
5.1.2 OPPORTUNITIES 40
5.1.2.1 Increasing adoption of industrial automation 40
5.1.2.2 Improved software to create new possibilities in the motors management and control device market 41
5.1.3 CHALLENGES 41
5.1.3.1 Dominance of conventional motor management and controllers 41
5.1.3.2 Lack of awareness regarding motor management and control devices 41
5.1.3.3 Decreasing greenfield investments in the oil & gas industry 42
6 INDUSTRY TRENDS 43
6.1 INTRODUCTION 43
6.1.1 RAW MATERIAL SUPPLIERS 43
6.1.2 ORIGINAL EQUIPMENT MANUFACTURERS & ASSEMBLERS 44
6.1.3 INDUSTRIES 44
6.2 STANDARDS 44
6.2.1 NEMA STANDARD CLASSIFICATION FOR MOTOR MANAGEMENT AND CONTROL DEVICES 44
6.2.2 INTERNATIONAL ELECTROTECHNICAL COMMISSION (IEC) FOR MOTOR MANAGEMENT AND CONTROL DEVICES 44
6.2.3 OTHERS 45
7 MARKET, BY PRODUCT & SERVICE 46
7.1 INTRODUCTION 47
7.2 HARDWARE 48
7.3 SOFTWARE & SOLUTION SERVICES 48
8 MARKET, BY TYPE 51
8.1 INTRODUCTION 52
8.2 ASYNCHRONOUS MOTORS 52
8.3 SYNCHRONOUS MOTORS 52
9 MARKET, BY CONTROL 54
9.1 INTRODUCTION 55
9.2 AUTOMATIC CONTROLS 55
9.3 SEMI-AUTOMATIC CONTROLS 55
9.4 MANUAL CONTROLS 55
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10 MARKET, BY VOLTAGE RANGE 57
10.1 INTRODUCTION 58
10.2 LOW VOLTAGE (60 TO 240 VOLT AC) 58
10.3 MEDIUM VOLTAGE (250 TO 395 VOLT AC) 58
10.4 HIGH VOLTAGE (396 TO 485 VOLT AC) 58
11 MARKET, BY APPLICATION 60
11.1 INTRODUCTION 61
11.2 PUMPS 62
11.3 COMPRESSORS 68
11.4 MATERIAL HANDLING 75
11.5 OTHER APPLICATIONS 81
12 MARKET, BY INDUSTRY 88
12.1 INTRODUCTION 89
12.2 METALS & MINING INDUSTRY 91
12.3 OIL & GAS INDUSTRY 92
12.4 POWER GENERATION INDUSTRY 94
12.5 WATER SUPPLY AND WASTEWATER TREATMENT INDUSTRY 95
12.6 FOOD & BEVERAGES INDUSTRY 97
12.7 AGRICULTURE 98
12.8 CHEMICALS INDUSTRY 100
12.9 CEMENT INDUSTRY 101
12.10 OTHER INDUSTRIES 102
13 GEOGRAPHIC ANALYSIS 104
13.1 INTRODUCTION 105
13.2 NORTH AMERICA 106
13.2.1 US 107
13.2.2 CANADA 108
13.2.3 MEXICO 108
13.3 EUROPE 108
13.3.1 GERMANY 109
13.3.2 UK 110
13.3.3 FRANCE 110
13.3.4 REST OF EUROPE 110
13.4 ASIA PACIFIC 111
13.4.1 CHINA 112
13.4.2 JAPAN 113
13.4.3 INDIA 113
13.4.4 REST OF ASIA PACIFIC 113
13.5 REST OF WORLD 114
13.5.1 MIDDLE EAST AND AFRICA 114
13.5.2 SOUTH AMERICA 115
14 COMPETITIVE LANDSCAPE 116
14.1 OVERVIEW 116
14.2 MARKET RANKING ANALYSIS OF MOTOR MANAGEMENT AND CONTROL DEVICE MARKET 117
14.3 MOTOR MANAGEMENT AND CONTROL DEVICE MARKET, COMPETITIVE LEADERSHIP MAPPING, 2017 118
14.3.1 INTRODUCTION 118
14.3.2 VISIONARY LEADERS 118
14.3.3 DYNAMIC DIFFERENTIATORS 118
14.3.4 INNOVATORS 119
14.3.5 EMERGING COMPANIES 119
14.3.6 MOTOR MANAGEMENT AND CONTROL DEVICE MARKET 119
14.4 STRENGTH OF PRODUCT PORTFOLIO 120
14.5 BUSINESS STRATEGY EXCELLENCE 121
*Top 25 companies analyzed for this study are - ABB Ltd. (Switzerland), Ametek, Inc. (US), Anaheim Automation Inc. (US), Analog Devices, Inc. (US), Arm Holdings Plc (UK), Bartec GmbH (Germany), Bosch Rexroth AG (Germany), Boston Engineering (US), c3controls (US), Eaton Corporation Plc (Ireland), Fanox Electronic S.L (Spain), Fuji Electric Co. Ltd (Japan), General Electric (US), Hitachi, Ltd.(Japan), IAR System (Sweden), Larsen & Toubro (L&T) (India), Mitsubishi Electric Corporation (Japan), Nanotec Electronic GmbH & Co. Kg (Germany), Renesas Electronics (Japan), Rockwell Automation (US), Schneider Electric SE (France), Siemens AG (Germany), Texas Instruments (US), Velmex Inc. (US), WEG SA (Brazil)
14.6 COMPETITIVE SITUATION AND TRENDS 122
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15 COMPANY PROFILES 124
(Business Overview, Products offered & Services strategies, Key Insights, Recent Developments, MnM View)*
15.1 INTRODUCTION 124
15.2 ABB LTD 125
15.3 ANALOG DEVICES, INC. 129
15.4 EATON CORPORATION 132
15.5 GENERAL ELECTRIC (GE) 135
15.6 HITACHI LTD. 138
15.7 MITSUBISHI ELECTRIC CORPORATION 141
15.8 ROCKWELL AUTOMATION 144
15.9 SCHNEIDER ELECTRIC SE 147
15.10 SIEMENS AG 150
15.11 TEXAS INSTRUMENTS INC. 153
15.12 KEY INNOVATORS 156
15.12.1 AMETEK, INC. 156
15.12.2 FUJI ELECTRIC CO., LTD. 156
15.12.3 LARSEN & TOUBRO 156
15.12.4 NANOTEC ELECTRONIC GMBH & CO. KG 157
15.12.5 WEG SA 157
*Details on Business Overview, Products offered & Services strategies, Key Insights, Recent Developments, MnM View might not be captured in case of unlisted companies.
16 APPENDIX 158
16.1 INSIGHTS OF INDUSTRY EXPERTS 158
16.2 DISCUSSION GUIDE 159
16.3 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 162
16.4 INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE 164
16.5 AVAILABLE CUSTOMIZATIONS 166
16.6 RELATED REPORTS 166
16.7 AUTHOR DETAILS 167