Europe Induction Motors Market Forecast 2023-2032

The Europe induction motors market is evaluated to progress with a CAGR of xx% across the projection period of 2023-2032. Some of the key factors credited to the market growth of the region include the rise in spending by governments as well as industries, European Union (EU) directives associated with energy conservation, and the increase in manufacturing activities.

MARKET INSIGHTS

The Europe induction motors market growth assessment includes an in-depth analysis of France, Italy, Spain, the United Kingdom, Germany, and Rest of Europe. As per the Harvard Business Review, automation is playing a critical role in transforming Spain's business operations and economy, in addition to accelerating the percentage of work activities that could be mechanized in the country. Moreover, through the adoption of automation, the country also aims to introduce advanced technologies for labor substitution, thereby enhancing productivity and improving accuracy and throughput.

On the other hand, Automaker Seat, a car manufacturing company based in Spain, utilized nearly 125 automated guided vehicles (Robots) at its factory in Martorell in 2018. The use of these systems, in turn, helped minimize production time by around 25%. Therefore, the high adoption of automation, as well as related technologies across Spain, is expected to contribute to the notable growth of the induction motors market growth in Europe during the forecast years.

COMPETITIVE INSIGHTS

Some of the key players operating in the market are: Siemens AG, ABB Ltd, etc.

Our report offerings include:

Explore key findings of the overall market
Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
Market Segmentation caters to a thorough assessment of key segments with their market estimations
Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
Key analytics: Porter's Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
The competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments

Product Code: 22080

1. RESEARCH SCOPE & METHODOLOGY

1.1. STUDY OBJECTIVES
1.2. SCOPE OF STUDY
1.3. METHODOLOGY
1.4. ASSUMPTIONS & LIMITATIONS

2. EXECUTIVE SUMMARY

2.1. MARKET SIZE & ESTIMATES
2.2. MARKET OVERVIEW

3. MARKET DYNAMICS

3.1. KEY DRIVERS
- 3.1.1. SURGING POPULARITY OF ELECTRIC VEHICLES
- 3.1.2. INCREASING TECHNOLOGICAL ADVANCEMENTS
- 3.1.3. DOMINANCE OF SQUIRREL CAGE MOTORS IN MINING
- 3.1.4. COST-EFFECTIVE AND EASY-TO-MAINTAIN MOTORS
3.2. KEY RESTRAINTS
- 3.2.1. HIGH INSTALLATION COSTS OF MANUFACTURING FACILITY
- 3.2.2. VOLATILE PRICES OF RAW MATERIALS
- 3.2.3. UNAUTHORIZED MARKETS

4. KEY ANALYTICS

4.1. IMPACT OF COVID-19 ON INDUCTION MOTORS MARKET
4.2. KEY MARKET TRENDS
4.3. PORTER'S FIVE FORCES ANALYSIS
- 4.3.1. BUYERS POWER
- 4.3.2. SUPPLIERS POWER
- 4.3.3. SUBSTITUTION
- 4.3.4. NEW ENTRANTS
- 4.3.5. INDUSTRY RIVALRY
4.4. OPPORTUNITY MATRIX
4.5. VENDOR LANDSCAPE
4.6. KEY BUYING CRITERIA
4.7. REGULATORY FRAMEWORK

5. MARKET BY TYPE

5.1. SINGLE-PHASE INDUCTION MOTOR
5.2. THREE-PHASE INDUCTION MOTOR

6. MARKET BY APPLICATION

6.1. COMMERCIAL
6.2. INDUSTRIAL
6.3. RESIDENTIAL

7. GEOGRAPHICAL ANALYSIS

7.1. EUROPE
- 7.1.1. MARKET SIZE & ESTIMATES
- 7.1.2. KEY GROWTH ENABLERS
- 7.1.3. KEY CHALLENGES
- 7.1.4. KEY PLAYERS
- 7.1.5. COUNTRY ANALYSIS
  - 7.1.5.1. UNITED KINGDOM
  - 7.1.5.2. GERMANY
  - 7.1.5.3. FRANCE
  - 7.1.5.4. ITALY
  - 7.1.5.5. SPAIN
  - 7.1.5.6. REST OF EUROPE

8. COMPETITIVE LANDSCAPE

8.1. KEY STRATEGIC DEVELOPMENTS
- 8.1.1. MERGERS & ACQUISITIONS
- 8.1.2. PRODUCT LAUNCHES & DEVELOPMENTS
- 8.1.3. PARTNERSHIPS & AGREEMENTS
- 8.1.4. BUSINESS EXPANSIONS & DIVESTITURES
8.2. COMPANY PROFILES
- 8.2.1. ABB LTD
- 8.2.2. AMETEK
- 8.2.3. BROOK CROMPTON
- 8.2.4. JOHNSON ELECTRIC HOLDINGS
- 8.2.5. NIDEC MOTOR CORPORATION
- 8.2.6. REGAL BELOIT CORPORATION
- 8.2.7. SIEMENS AG
- 8.2.8. WEG ELECTRIC CORPORATION

Product Code: 22080

LIST OF TABLES

TABLE 1: MARKET SNAPSHOT - INDUCTION MOTORS
TABLE 2: REGULATORY FRAMEWORK
TABLE 3: WORLDWIDE SALES OF ELECTRIC VEHICLES IN 2021 (MONTH-WISE SALES)
TABLE 4: COUNTRY-WISE STOCK TARGETS OF ELECTRIC VEHICLES TILL 2021
TABLE 5: COMPARISON BETWEEN SYNCHRONOUS & 3-PHASE INDUCTION MOTORS
TABLE 6: CONTRAST BETWEEN DIFFERENT COMMERCIALLY AVAILABLE MOTOR TECHNOLOGIES
TABLE 7: COMPARISON OF EFFICIENCY CLASSES
TABLE 8: EUROPE INDUCTION MOTORS MARKET, BY TYPE, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)
TABLE 9: EUROPE INDUCTION MOTORS MARKET, BY TYPE, FORECAST YEARS, 2023-2032 (IN $ MILLION)
TABLE 10: EUROPE INDUCTION MOTORS MARKET, BY APPLICATION, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)
TABLE 11: EUROPE INDUCTION MOTORS MARKET, BY APPLICATION, FORECAST YEARS, 2023-2032 (IN $ MILLION)
TABLE 12: EUROPE INDUCTION MOTORS MARKET, BY COUNTRY, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)
TABLE 13: EUROPE INDUCTION MOTORS MARKET, BY COUNTRY, FORECAST YEARS, 2023-2032 (IN $ MILLION)
TABLE 14: LEADING PLAYERS OPERATING IN EUROPE INDUCTION MOTORS MARKET
TABLE 15: LIST OF MERGERS & ACQUISITIONS
TABLE 16: LIST OF PRODUCT LAUNCHES & DEVELOPMENTS
TABLE 17: LIST OF PARTNERSHIPS & AGREEMENTS
TABLE 18: LIST OF BUSINESS EXPANSIONS & DIVESTITURES

LIST OF FIGURES

FIGURE 1: KEY MARKET TRENDS
FIGURE 2: PORTER'S FIVE FORCES ANALYSIS
FIGURE 3: OPPORTUNITY MATRIX
FIGURE 4: VENDOR LANDSCAPE
FIGURE 5: KEY BUYING CRITERIA
FIGURE 6: EUROPE INDUCTION MOTORS MARKET, GROWTH POTENTIAL, BY TYPE, IN 2022
FIGURE 7: EUROPE INDUCTION MOTORS MARKET, BY SINGLE-PHASE INDUCTION MOTOR, 2023-2032 (IN $ MILLION)
FIGURE 8: EUROPE INDUCTION MOTORS MARKET, BY THREE-PHASE INDUCTION MOTOR, 2023-2032 (IN $ MILLION)
FIGURE 9: EUROPE INDUCTION MOTORS MARKET, GROWTH POTENTIAL, BY APPLICATION, IN 2022
FIGURE 10: EUROPE INDUCTION MOTORS MARKET, BY COMMERCIAL, 2023-2032 (IN $ MILLION)
FIGURE 11: EUROPE INDUCTION MOTORS MARKET, BY INDUSTRIAL, 2023-2032 (IN $ MILLION)
FIGURE 12: EUROPE INDUCTION MOTORS MARKET, BY RESIDENTIAL, 2023-2032 (IN $ MILLION)
FIGURE 13: EUROPE INDUCTION MOTORS MARKET, COUNTRY OUTLOOK, 2022 & 2032 (IN %)
FIGURE 14: UNITED KINGDOM INDUCTION MOTORS MARKET, 2023-2032 (IN $ MILLION)
FIGURE 15: GERMANY INDUCTION MOTORS MARKET, 2023-2032 (IN $ MILLION)
FIGURE 16: FRANCE INDUCTION MOTORS MARKET, 2023-2032 (IN $ MILLION)
FIGURE 17: ITALY INDUCTION MOTORS MARKET, 2023-2032 (IN $ MILLION)
FIGURE 18: SPAIN INDUCTION MOTORS MARKET, 2023-2032 (IN $ MILLION)
FIGURE 19: REST OF EUROPE INDUCTION MOTORS MARKET, 2023-2032 (IN $ MILLION)