About Induction Motors Market
Induction motors are mechanical devices that convert electrical energy into mechanical energy. An induction motor consists of a rotor and a stator that includes windings connected to a poly-phase energy source. The magnetic field present in the stator windings induces current in the rotor through electromagnetic induction. This results in the development of torque in rotors, which enables the rotating motion. Moreover, over 90% of all industrial motors are induction motors that are widely used in products such as electric fans, blowers, centrifugal pumps, conveyors, crushers, compressors, and bulldozers.
Covered in this report
The report provides actionable insights to improve source-to-contract cycle performance in the Global Induction Motors Market. It helps sourcing professionals formulate better category strategies, enhance savings, understand supplier and market challenges, and implement sourcing best practices.
The report, Global Induction Motors Market, provides up-to-date information about market shifts and potential risks, as well as in-depth knowledge of products and services, which can help in planning and in executing category management activities. It focuses on the cost-saving aspects of procurement and on providing insights that can lead to optimization of category spend.
Category driver
Category constraints
Procurement best practices
Key questions answered in this report
You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.
Induction motors are mechanical devices that convert electrical energy into mechanical energy. An induction motor consists of a rotor and a stator that includes windings connected to a poly-phase energy source. The magnetic field present in the stator windings induces current in the rotor through electromagnetic induction. This results in the development of torque in rotors, which enables the rotating motion. Moreover, over 90% of all industrial motors are induction motors that are widely used in products such as electric fans, blowers, centrifugal pumps, conveyors, crushers, compressors, and bulldozers.
Covered in this report
The report provides actionable insights to improve source-to-contract cycle performance in the Global Induction Motors Market. It helps sourcing professionals formulate better category strategies, enhance savings, understand supplier and market challenges, and implement sourcing best practices.
The report, Global Induction Motors Market, provides up-to-date information about market shifts and potential risks, as well as in-depth knowledge of products and services, which can help in planning and in executing category management activities. It focuses on the cost-saving aspects of procurement and on providing insights that can lead to optimization of category spend.
Category driver
- Higher preference for induction motors over combustible engines
- For a full, detailed list, view our report
Category constraints
- Shortage of low-cost energy-efficient induction motors
- For a full, detailed list, view our report
Procurement best practices
- Seek suppliers that provide customized induction motors
- For a full, detailed list, view our report
Key questions answered in this report
- What are the market dynamics?
- What are the key market trends?
- What are the category growth drivers?
- What are the constraints on category growth?
- Who are the suppliers in this market?
- What are the demand-supply shifts?
- What are the major category requirements?
- What are the procurement best practices in this market?
You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.
Table of Contents
PART 1: CATEGORY AT A GLANCE- TAKEAWAY 01 - Market Overview
- TAKEAWAY 02 - Demand and Supply Snapshot
- TAKEAWAY 03 - Key Market Dynamics
- TAKEAWAY 04 - Supply Market Highlights
- TAKEAWAY 05 - Pricing Insights
- TAKEAWAY 06 - Procurement Insights
PART 2: SCOPE OF THE REPORT
- Category Definition
- Research Methodology
PART 3: MARKET INSIGHTS
- Category Spend Analysis
- Category Maturity by Regions
- Demand-Supply Shifts
- Regional Demand-Supply Snapshot
- Market Developments
- Regional Impact of Trends
- Key Category Growth Drivers and Corresponding Regional Impacts
- Major Category Growth Constraints and Corresponding Regional Impacts
- Key Current Technological Innovations
- Major Regulatory Frameworks
- Strategic Sustainability Practices
- Porter’s Five Forces
- PESTLE Analysis
PART 4: SUPPLY MARKET INSIGHTS
- Supplier Operational Capability Matrix
- Other Prominent Suppliers by Region: Operational Capability Matrix
- Supplier Functional Capability Matrix
- Other Prominent Suppliers by Region: Functional Capability Matrix
- Key Clients/Partners
- Supplier Cost Breakup
- Supplier Positioning Matrix
PART 5: PRICING INSIGHTS
- Pricing Models Snapshot
- Pricing Models - Pros and Cons
- Indicative Pricing
PART 6: PROCUREMENT INSIGHTS
- Major Category Requirements
- Major Procurement Pain Points
- Category Sourcing Evolution Matrix
- Procurement Best Practices
- Cost-saving Opportunities
- Supplier Selection Criteria
- Category Negotiation Strategies
- SLA Terms
- Supplier Evaluation Criteria
- Category Risk Analysis
PART 7: TOP FIVE SUPPLIERS
- ABB
- Siemens
- Nidec
- General Electric
- WEG Electric
PART 8: APPENDIX
- Glossary
- Key Notes
- About
Executive Summary
New Report Released: Global Induction Motors Category - Procurement Market Intelligence Report 2018-2022.The author of the report recognizes the following companies as the key suppliers in the Global Induction Motors Category - Procurement Market Intelligence Report: ABB, Siemens, Nidec, General Electric, and WEG Electric.
Commenting on the report, an analyst from the research team said: “One of the procurement best practices for buyers is to focus on strategic cost-saving initiatives.”
According to the report, one of the key growth contributors for the global induction motors market is the increase in sales of electric vehicles across the world.
Further, the report states that a major procurement challenge experienced by the buyers is the difficulty in determining the real energy efficiency of induction motors.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains actionable insights to improve source-to-contract cycle performance in addition to a PESTLE analysis.
Companies Mentioned
- ABB
- Siemens
- Nidec
- General Electric
- WEG Electric
Methodology
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