Induction motor is a device in which the rotor is placed in a rotating magnetic field, and under the action of the rotating magnetic field, a rotating torque is obtained, so that the rotor rotates. The rotor is a rotatable conductor, usually in the shape of a squirrel cage. High-voltage induction motor refers to a motor with a rated voltage above 1000V.
This report contains market size and forecasts of High Voltage Induction Motors in global, including the following market information:
Global High Voltage Induction Motors Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global High Voltage Induction Motors Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five High Voltage Induction Motors companies in 2021 (%)
The global High Voltage Induction Motors market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period 2022-2028.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Squirrel-Cage Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of High Voltage Induction Motors include ABB, WEG, Toshiba, Siemens, ATB Laurence Scott, Regal Rexnord, VEM Group, Hyundai Electric and MENZEL Elektromotoren, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the High Voltage Induction Motors manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global High Voltage Induction Motors Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global High Voltage Induction Motors Market Segment Percentages, by Type, 2021 (%)
Squirrel-Cage
Slip-Ring
Global High Voltage Induction Motors Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global High Voltage Induction Motors Market Segment Percentages, by Application, 2021 (%)
Oil & Gas and Chemicals
Power and Energy
Wastewater Treatment
Mining
Cement Industry
Metallurgical Industry
Others
Global High Voltage Induction Motors Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global High Voltage Induction Motors Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies High Voltage Induction Motors revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies High Voltage Induction Motors revenues share in global market, 2021 (%)
Key companies High Voltage Induction Motors sales in global market, 2017-2022 (Estimated), (K Units)
Key companies High Voltage Induction Motors sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
ABB
WEG
Toshiba
Siemens
ATB Laurence Scott
Regal Rexnord
VEM Group
Hyundai Electric
MENZEL Elektromotoren
Wolong
Shanghai Electric
Nidec Industrial
HYOSUNG
TMEIC
Jeumont Electric