TechNavio's analysts forecast the Global Low Voltage and Medium Voltage Motors market to grow at a CAGR of 17.66 percent over the period 2012-2016. One of the key factors contributing to this market growth is the growth of the Hydraulic Fracking industry. The market has also been witnessing increased development of customized motors. However, the threat from low cost vendors could pose a challenge to the growth of this market.
TechNavio's report, the Global Low Voltage and Medium Voltage Motors Market 2012-2016, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market in the Americas, and the APAC and EMEA regions; it also covers the Global Low Voltage and Medium Voltage Motors market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
The key vendors dominating this space include ABB Ltd., Siemens AG, General Electric Co., and Regal Beloit Corp.
The other vendors mentioned in the report are ABB Ltd., Siemens AG, General Electric Co., Regal Beloit Corp., WEG Electric Corp., Converteam Inc., Teco Energy Inc., Toshiba Corp., Hyosung Corp., Ansaldo Energia S.p.A, and Leroy Somer S.A.
Key questions answered in this report:
What will the market size be in 2015 and at what will be the growth rate?
What are key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by key vendors?
What are the strengths and weaknesses of each of these key vendors?
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