Germany Induction Motors Market 2023-2030

The Germany induction motors market is projected to rise with a CAGR of xx% during the forecasting years, reaching a revenue share of $xx million by 2030. The base year considered for the market studied is 2022, and the forecasted period is from 2023 to 2030. The country's market growth is determined by key drivers, such as government initiatives for the promotion of industrial automation as well as the increasing demand for electric vehicles.

MARKET INSIGHTS

According to the Germany Trade & Invest (GTAI), the German government introduced a campaign to place around 1 million electric cars on the roads in the country by 2020, thus making battery research a priority. Besides, the campaign allocated approximately $705 million as an economic stimulus package for bolstering the deployment of electric vehicles in Germany. Moreover, such initiatives have also played an essential role in ranking the nation as an electric vehicle market leader, globally.

Conversely, technological advancements are also anticipated to boost the demand for induction motors in Germany over the upcoming years. For example, engineers from Marktredwitz designed a robust three-phase induction motor predominantly for use in the NAVYA Autonom shuttle. With an optimized cooling system, the motor can be operated over a wide rpm range. Therefore, these factors are set to promote the Germany induction motors market growth during the forecast period.

COMPETITIVE INSIGHTS

Some of the top players operating in the market include: WEG Electric Corporation, Siemens AG, 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: 50160

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. COUNTRY SNAPSHOT
2.3. COUNTRY ANALYSIS
2.4. KEY GROWTH ENABLERS
2.5. KEY CHALLENGES

3. KEY ANALYTICS

3.1. IMPACT OF COVID-19 ON INDUCTION MOTORS MARKET
3.2. KEY MARKET TRENDS
3.3. PORTER'S FIVE FORCES ANALYSIS
- 3.3.1. BUYERS POWER
- 3.3.2. SUPPLIERS POWER
- 3.3.3. SUBSTITUTION
- 3.3.4. NEW ENTRANTS
- 3.3.5. INDUSTRY RIVALRY
3.4. OPPORTUNITY MATRIX
3.5. PESTLE ANALYSIS - GERMANY
3.6. KEY BUYING CRITERIA
3.7. REGULATORY FRAMEWORK

4. MARKET BY TYPE

4.1. SINGLE-PHASE INDUCTION MOTOR
4.2. THREE-PHASE INDUCTION MOTOR

5. MARKET BY APPLICATION

5.1. COMMERCIAL
5.2. INDUSTRIAL
5.3. RESIDENTIAL

6. COMPETITIVE LANDSCAPE

6.1. KEY STRATEGIC DEVELOPMENTS
- 6.1.1. MERGERS & ACQUISITIONS
- 6.1.2. PRODUCT LAUNCHES & DEVELOPMENTS
- 6.1.3. PARTNERSHIPS & AGREEMENTS
- 6.1.4. BUSINESS EXPANSIONS & DIVESTITURES
6.2. COMPANY PROFILES
- 6.2.1. ABB LTD
- 6.2.2. AMETEK
- 6.2.3. BROOK CROMPTON
- 6.2.4. JOHNSON ELECTRIC HOLDINGS
- 6.2.5. NIDEC MOTOR CORPORATION
- 6.2.6. REGAL BELOIT CORPORATION
- 6.2.7. SIEMENS AG
- 6.2.8. WEG ELECTRIC CORPORATION

Product Code: 50160

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: GERMANY INDUCTION MOTORS MARKET, BY TYPE, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)
TABLE 9: GERMANY INDUCTION MOTORS MARKET, BY TYPE, FORECAST YEARS, 2023-2030 (IN $ MILLION)
TABLE 10: GERMANY INDUCTION MOTORS MARKET, BY APPLICATION, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)
TABLE 11: GERMANY INDUCTION MOTORS MARKET, BY APPLICATION, FORECAST YEARS, 2023-2030 (IN $ MILLION)

LIST OF FIGURES

FIGURE 1: KEY MARKET TRENDS
FIGURE 2: PORTER'S FIVE FORCES ANALYSIS
FIGURE 3: OPPORTUNITY MATRIX
FIGURE 4: KEY BUYING CRITERIA
FIGURE 5: GERMANY INDUCTION MOTORS MARKET, GROWTH POTENTIAL, BY TYPE, IN 2022
FIGURE 6: GERMANY INDUCTION MOTORS MARKET, BY SINGLE-PHASE INDUCTION MOTOR, 2023-2030 (IN $ MILLION)
FIGURE 7: GERMANY INDUCTION MOTORS MARKET, BY THREE-PHASE INDUCTION MOTOR, 2023-2030 (IN $ MILLION)
FIGURE 8: GERMANY INDUCTION MOTORS MARKET, GROWTH POTENTIAL, BY APPLICATION, IN 2022
FIGURE 9: GERMANY INDUCTION MOTORS MARKET, BY COMMERCIAL, 2023-2030 (IN $ MILLION)
FIGURE 10: GERMANY INDUCTION MOTORS MARKET, BY INDUSTRIAL, 2023-2030 (IN $ MILLION)
FIGURE 11: GERMANY INDUCTION MOTORS MARKET, BY RESIDENTIAL, 2023-2030 (IN $ MILLION)