IE4 Permanent Magnet Synchronous Motor Market by Product (>20 kW, 20–200 kW, and <200 kW), by Application (Material Handling, Liquid Pumps, Fans & Ventilation, Cooling Compressors, Air Compressors & Vacuum Pumps, Blowers, and Coolers)- Global Opportunity Analysis and Industry Forecast, 2020 – 2030

IE4 Permanent Magnet Synchronous Motor Market

Industry:  Construction & Manufacturing | Publish Date: Dec 2019 | No of Pages:  0 | No. Tables:  0 | No. Figures:  0

The Global IE4 Permanent Magnet Synchronous Motor Market size is estimated to be USD 1.46 billion in 2019 and is predicted to reach USD 3.96 billion by 2030 with a CAGR of 9.5% from 2020-2030. IE4 Permanent Magnet Synchronous Motor is a premium range of motor with high efficiency, it s designed is such a way that it provides the maximum energy and also saves energy. These motors are also eco-friendly in nature as their carbon emission is very low. These motors are generally used to drive the pumps, fans, compressors and other industrial applications.

Market Dynamics and Trends

The improving and modernizing infrastructure with increase public awareness about increasing environmental pollution over the forecast period are expected to drive the market growth. Furthermore, increase in technological advancement coupled with increased demand of increased operational efficiency is also expected to promote the growth of IE4 permanent magnet synchronous motor market.

The other factors include wide application in different industries coupled with various benefits offered by the IE4 permanent magnet synchronous motors are also expected to propel the market growth. However, increased preference of IE2 motors are expected to inhibit the growth of IE4 permanent magnet synchronous motor market. Moreover, The fast developing energy and manufacturing sectors coupled with increased demand of wind power are expected create ample opportunities in the IE4 permanent magnet synchronous motor market over the forecast period.

Market Segmentations and Scope of the Study:

The global IE4 permanent magnet synchronous motor market share is analyzed on the basis of product, application, and geography. On the basis of product, the market is segmented into <20 kW, 20–200 kW, and >200 kW. On the basis of application, the market is divided into Material Handling, Liquid Pumps, Fans & Ventilation, Cooling Compressors, Air Compressors & Vacuum Pumps, Blowers, and Coolers. Geographic breakdown and analysis of each of the aforesaid segments includes regions comprising North America, Europe, Asia-Pacific, and RoW.

Geographical Analysis

North America is expected to hold the major market share over the forecast period owing to the increased adoption of IE4 permanent magnet synchronous motor. Furthermore, presence of developed infrastructure and technological advancement with increasing manufacturing sector are further expected to enhance the growth of IE4 permanent magnet synchronous motor market.

Asia Pacific is expected show rapid growth with constant increase in market share owing to the wide applications and stringent environment policies to reduce pollution. Furthermore, increased demand of operational efficiency with numerous benefits associated with it is further expected to support the growth of IE4 permanent magnet synchronous motor market.

Competitive Landscape

The IE4 permanent magnet synchronous motor market, which is highly competitive, consists of various market players. Some of the major market players include ABB, Danfoss, KSB SE & Co. KGaA, Fuji Electric Co., Ltd., KAESER KOMPRESSOREN, Altra Industrial Motion Corp., Kienle + Spiess GmbH, Bharat Bijlee, ANHUI WANNAN ELECTRIC MACHINE CO., LTD., NORD Drive Systems, Lafert, CG Global, OEMER, Merkes GmbH, Toshiba Corporation, Weg S.A., Hitachi Ltd., O.M.E. Motori Elettrici s.r.l., VEM Group, and Nidec

In the recent past there have been various developments taken place in the market hich are also expected to takes place in near future. For instance, in January 2019, WEG S.A has done partnership with Iberian pork producer located in Badajoz, Spain which states that WEG S.A provide W22 Magnet IE4 electric motors for compressors operation of its new refrigeration unit at the Mafresa facilities which helps in cold production.

KEY BENEFITS

  • The IE4 permanent magnet synchronous motor market report provides the quantitative analysis of the current market and estimations through 2020-2030 that assists in identifying the prevailing market opportunities to capitalize on.
  • The study comprises a deep dive analysis of the IE4 permanent magnet synchronous motor market trend including the current and future trends for depicting the prevalent investment pockets in the market.
  • The information related to key drivers, restraints and opportunities and their impact on the IE4 permanent magnet synchronous motor market is provided in the report.
  • The competitive analysis of the market players along with their market share in the global IE4 permanent magnet synchronous motor market.
  • The SWOT analysis and Porters Five Forces model is elaborated in the study.
  • Value chain analysis in the market study provides a clear picture of the stakeholders’ roles.

KEY MARKET SEGMENTS:

  • Global IE4 Permanent Magnet Synchronous Motor market – By Product
    • >20 kW
    • 20–200 kW
    • >200 kW
  • Global IE4 Permanent Magnet Synchronous Motor market – By Application
    • Material Handling
    • Liquid Pumps
    • Fans & Ventilation
    • Cooling Compressors
    • Air Compressors & Vacuum Pumps
    • Blowers
    • Coolers
  • Global IE4 Permanent Magnet Synchronous Motor market –By Geography
    • North America
      • U.S.
      • Canada
      • Mexico
    • Europe
      • UK
      • Germany
      • Spain
      • Italy
      • Netherlands
      • Rest of Europe
    • Asia-Pacific
      • China
      • India
      • Japan
      • Australia
      • South Korea
      • Vietnam
      • Taiwan
      • Rest of Asia-Pacific
    • RoW
      • Latin America
      • Middle East
      • Africa

KEY PLAYERS:

  • ABB
  • Danfoss
  • KSB SE & Co. KGaA
  • Fuji Electric Co., Ltd.
  • KAESER KOMPRESSOREN
  • Altra Industrial Motion Corp.
  • Kienle + Spiess GmbH
  • Bharat Bijlee
  • ANHUI WANNAN ELECTRIC MACHINE CO., LTD.
  • NORD Drive Systems
  • Lafert
  • CG Global
  • OEMER
  • Merkes GmbH
  • Toshiba Corporation
  • Weg S.A.
  • Hitachi Ltd.
  • O.M.E. Motori Elettrici s.r.l.
  • VEM Group
  • Nidec