|
|
 |
|
Viewing report
|
|
|
|
Electric Motors Market in Taiwan
Frost & Sullivan, March 2011, Pages: 48
This Frost & Sullivan research service titled Electric Motors Market in Taiwan provides an analysis of the advancements in the motors industry and the guidelines laid down by the country’s government with regard to the efficiency. It covers key market drivers and restraints, industry challenges and energy efficiency trends in Taiwan and the major industries that are likely to use high-efficiency motors in the future. In this research, Frost & Sullivan's expert analysts thoroughly examine the following technologies: AC asynchronous, AC synchronous and DC motors.
The research study is aimed at understanding the industrial electric motors market in Taiwan. The key focus area of this research is on the high efficiency industrial motors. The research covers key market drivers, restraints, industry challenges and energy efficiency trends. The research excludes electric motors used in domestic appliances and other non-industrial applications. An attempt has been made to forecast the growth of the electric motors industry and to understand the latest developments in the industry.
Market Overview:
Solution-based Approach and an Efficient Distribution Structure Likely to Be the Way Forward in the Electric Motors Industry
With electric motors consuming 60 per cent of the overall electricity used in industries, end users realise that they have to focus their energy conservation efforts on getting their industrial plants fitted with energy-efficient motors. The recent initiatives to lower carbon dioxide emissions have led to numerous customers opting for high-efficiency equipment in their production facilities. Regulatory bodies are likely to implement quality standards in 2012, and the short-term target will be to ensure that all motors – local-made and imported – are high-efficiency motors (HEMs). The Government is likely to make Minimum Energy Performance Standards (MEPS) mandatory and impose legislative penalties for non-conformance.
Motor manufacturers will be pleased with the rising importance given to energy efficiency standards, as high-energy efficiency motors are 15-25 per cent costlier than a standard efficiency one. Manufacturers can justify these high costs with their significant lifecycle savings - at 96 per cent motor efficiency, and end users can save up to 10 per cent in energy costs. This gradual shift in priority from initial costs to fall-out, service and maintenance costs of equipment is a leap forward for the Taiwanese electric motors market.
“The average life span, including repairs, for a standard-efficiency motor rated between 7.5 kW to 75 kW and operating daily at about 75 per cent of full load is approximately 12 years,” says the analyst of this research. “This increases to about 13.5 years with the use of a high-efficiency motor and even longer with a premium-efficiency one.” However, this long life has reduced the replacement rates of motors. The market maturity and the low scope for improvements in motor efficiency have further held back the market, as has competition from China.
Sophisticated Technologies to Find Considerable Uptake in Taiwan
To a large extent, technology improvements such as integrated drive technologies, copper rotor technology and advances in material science have offset the pricing pressures brought about by the credit crunch and customer reluctance to upgrade their systems. As Taiwan is a technologically advanced country, the market can expect a rapid uptake of novel technologies, especially in industries such as electronics, communications, petroleum refining, armaments, chemicals, iron and steel, machinery and cement. The rising need for industrial development will go a long way in boosting the market for advanced technology motors.
“Although the market experienced a slump in 2009, the total electric motors market in Taiwan is expected to grow at a compound annual growth rate (CAGR) of 4.4 per cent till 2016 as electric motors are vital to the growth of several industries,” notes the analyst. “Taiwan also has a culture of developing industrial clusters, which makes it easier for motor vendors to locate their sales and service centres strategically.”
Market Sectors
Expert Frost & Sullivan analysts thoroughly examine the following market sectors in this research:
- AC asynchronous
- AC synchronous
- DC motors
Product samples
A sample for this product is available. Please Login/Register to download this sample.
|
|
|
|
