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The Global Asynchronous Motor Market is expected to grow by $ 6.58 bn during 2021-2025, progressing at a CAGR of over 6% during the forecast period

·3-min read

Global Asynchronous Motor Market 2021-2025 The analyst has been monitoring the asynchronous motor market and it is poised to grow by $ 6. 58 bn during 2021-2025, progressing at a CAGR of over 6% during the forecast period.

New York, July 21, 2021 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global Asynchronous Motor Market 2021-2025" - https://www.reportlinker.com/p05891138/?utm_source=GNW
Our report on asynchronous motor market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the growing focus on automating manufacturing processes and increasing adoption of EVs. In addition, growing focus on automating manufacturing processes is anticipated to boost the growth of the market as well.
The asynchronous motor market analysis includes end-user segment and geographic landscape.

The asynchronous motor market is segmented as below:
By End-user
• Industrial
• Automotive
• Residential
• Commercial

By Geography
• APAC
• North America
• Europe
• MEA
• South America

This study identifies the robust growth of process industries such as cement, steel, water, and wastewater as one of the prime reasons driving the asynchronous motor market growth during the next few years.

The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on asynchronous motor market covers the following areas:
• Asynchronous motor market sizing
• Asynchronous motor market forecast
• Asynchronous motor market industry analysis

This robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading asynchronous motor market vendors that include ABB Ltd., General Electric Co., Hitachi Ltd., Nidec Corp., Regal Beloit Corp., Siemens AG, TECO-Westinghouse, Toshiba Corp., WEG Equipamentos Eletricos SA, and Wolong ELectric Group. Also, the asynchronous motor market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio’s market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Read the full report: https://www.reportlinker.com/p05891138/?utm_source=GNW

About Reportlinker
ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place.

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CONTACT: Clare: clare@reportlinker.com US: (339)-368-6001 Intl: +1 339-368-6001


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