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Industrial Smart Motors Market by Offering, End User, and Market Vertical: Global Opportunity Analysis and Industry Forecast, 2018 - 2025

  • ID: 4656182
  • Report
  • September 2018
  • Region: Global
  • 211 Pages
  • Allied Analytics LLP
Industrial Smart Motors Market Overview:



The global industrial smart motors market size was valued at $1,207.9 million in 2017 and is expected to reach $1,809.1 million by 2025, growing at a CAGR of 5.28% during the forecast period (2018–2025). Motors are devices that convert electrical energy into mechanical work resulting in linear or rotary motion through the connected shafts. Therefore, motors are largely integrated into several industrial equipment, tools, and materials handling equipment and machineries to perform various industrial applications and tasks. For instance, motors commonly find applications in compressors, pumps, fans, industrial machineries, tools, equipment, conveyor systems, and OEMs (Original Equipment Manufacturers) based products. Smart motors (or intelligent motors) can be broadly classified as specialized motors that are developed through integration of sensors or other electronic hardware that provide services such as predictive maintenance, improved performance, and reduce downtime during maintenance. Moreover, application of predictive algorithms and programs assist in reducing downtime during maintenance, providing easy services, and improving the efficiency of motors.

Rise in demand for improving motor efficiency as well as growth in popularity of advanced machine control are the key factors driving the growth of industrial smart motors market. In addition, integration of sensors or other electronic components as well as use of algorithms for anticipating the motor faults and maintenance have improved the motor efficiency in recent years. Thus, reducing the downtime during an unexpected motor failure, maintenance, or services activities is also expected to fuel the demand for smart industrial motors in the coming years. In addition, increase in demand by manufacturers for superior motor performance through industrial internet of things (IIoT)-enabled services is projected to boost the market growth of industrial smart motors market and provide attractive profitable opportunities for the market players. However, initial high cost of predictive maintenance of smart motors limits their scope to large enterprises and manufacturers, thus, restricting the growth of industrial smart motors market. Specialized development of smart motors for niche industrial applications and OEMs (original equipment manufacturers) is expected to provide attractive business opportunities for the market players in coming years in the industrial smart motor market.

Based on offering, the market is bifurcated into products and services. Further, based on end-user, the market is classified into pumps, fans, compressors, and others. The smart motors are used across different industrial processes and tasks, such as machineries, tools, processing equipment, product packaging, conveyor systems, materials handling, and other industrial applications. Thus, based on market vertical, the market is segmented into power & energy, manufacturing, automotive, healthcare, and others. To gain a diverse insight based on region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Currently, the global industrial smart motors market is dominated by some key players namely, CG, Dunkermotoren GmbH, HSD SpA, Nidec Corporation, Reliance Precision Limited, Rockwell Automation, Schneider Electric, Somfy Systems Inc., TECHNOSOFT SA, and USAutomation among others.

Key Benefits For Industrial Smart Motors Market:

The study provides an in-depth analysis of the global industrial smart motors market and current & future trends to elucidate the imminent investment pockets.
Information about key drivers, restraints, and opportunities, and their impact analysis on the market is provided.
Porter’s five forces analysis illustrates the potency of buyers and suppliers operating in the industry.
The quantitative analysis of the global market from 2017 to 2025 is provided to determine the market potential.

Industrial Smart Motors Key Market Segments

By Offering

  • Products

  • Services



By End User Pumps

  • Fans

  • Compressors

  • Others



By Market Vertical

  • Power & Energy

  • Manufacturing

  • Automotive

  • Healthcare

  • Others



Key Market Players

  • CG

  • Dunkermotoren GmbH

  • HSD SpA

  • Nidec Corporation

  • Reliance Precision Limited

  • Rockwell Automation

  • Schneider Electric

  • Somfy Systems, Inc

  • TECHNOSOFT SA

  • USAutomation

Frequently Asked Questions about the Global Industrial Smart Motors Market

What is the estimated value of the Global Industrial Smart Motors Market?

The Global Industrial Smart Motors Market was estimated to be valued at $1207.9 million in 2017.

What is the growth rate of the Global Industrial Smart Motors Market?

The growth rate of the Global Industrial Smart Motors Market is 5.2%, with an estimated value of $1809.1 million by 2025.

What is the forecasted size of the Global Industrial Smart Motors Market?

The Global Industrial Smart Motors Market is estimated to be worth $1809.1 million by 2025.
Note: Product cover images may vary from those shown

Chapter 1: Introduction
1.1. Report description
1.2. Key benefits for stakeholders
1.3. Key market segments
1.4. Research methodology
1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools & models
CHAPTER 2: Executive summary
2.1. CXO perspective
CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top impacting factors
3.2.2. Top investment pockets
3.2.3. Top winning strategies
3.3. Porter's five forces analysis
3.4. Key player positioning, 2017
3.5. Market dynamics
3.5.1. Drivers
3.5.1.1. Demand for advanced process controls in industrial motors
3.5.1.2. Increasing emphasis towards reducing the downtime during maintenance
3.5.1.3. Integration of IIoT enabled services into motor to boost performance & maintenance
3.5.2. Restraint
3.5.2.1. Challenges associated with high power rated motors
3.5.2.2. High cost of continuous predictive maintenance
3.5.3. Opportunity
3.5.3.1. Development of specialized smart industrial motors for niche market
CHAPTER 4: Industrial Smart Motors Market, By Offerings
4.1. Market overview
4.1.1. Market size and forecast, by type
4.2. Products
4.2.1. Key market trends, growth factors, and opportunities
4.2.2. Market size and forecast, by region
4.2.3. Market analysis, by country
4.3. Services
4.3.1. Key market trends, growth factors, and opportunities
4.3.2. Market size and forecast, by region
4.3.3. Market analysis, by country
CHAPTER 5: Industrial Smart Motors Market, By End-User
5.1. Market overview
5.1.1. Market size and forecast, by type
5.2. Pumps
5.2.1. Key market trends, growth factors, and opportunities
5.2.2. Market size and forecast, by region
5.2.3. Market analysis, by country
5.3. Fans
5.3.1. Key market trends, growth factors, and opportunities
5.3.2. Market size and forecast, by region
5.3.3. Market analysis, by country
5.4. Compressors
5.4.1. Key market trends, growth factors, and opportunities
5.4.2. Market size and forecast, by region
5.4.3. Market analysis, by country
5.5. Others
5.5.1. Key market trends, growth factors, and opportunities
5.5.2. Market size and forecast, by region
5.5.3. Market analysis, by country
CHAPTER 6: Industrial Smart Motors Market, By Industry Vertical
6.1. Market overview
6.1.1. Market size and forecast, by end-user
6.2. Power & Energy
6.2.1. Key market trends, growth factors, and opportunities
6.2.2. Market size and forecast, by region
6.2.3. Market analysis, by country
6.3. Manufacturing
6.3.1. Key market trends, growth factors, and opportunities
6.3.2. Market size and forecast, by region
6.3.3. Market analysis, by country
6.4. Automotive
6.4.1. Key market trends, growth factors, and opportunities
6.4.2. Market size and forecast, by region
6.4.3. Market analysis, by country
6.5. Healthcare
6.5.1. Key market trends, growth factors, and opportunities
6.5.2. Market size and forecast, by region
6.5.3. Market analysis, by country
6.6. Others
6.6.1. Key market trends, growth factors, and opportunities
6.6.2. Market size and forecast, by region
6.6.3. Market analysis, by country
CHAPTER 7: Industrial Smart Motors Market, By Region
7.1. Market overview
7.2. North America
7.2.1. Key market trends, growth factors, and opportunities
7.2.2. Market size and forecast, by offerings
7.2.3. Market size and forecast, by application
7.2.4. Market size and forecast, by market vertical
7.2.5. Market size and forecast, by country
7.2.5.1. U.S.
7.2.5.1.1. U.S. market size and forecast, by offerings
7.2.5.1.2. U.S. market size and forecast, by end-users
7.2.5.1.3. U.S. market size and forecast, by market vertical
7.2.5.2. Canada
7.2.5.2.1. Canada market size and forecast, by offerings
7.2.5.2.2. Canada market size and forecast, by end-users
7.2.5.2.3. Canada market size and forecast, by market vertical
7.2.5.3. Mexico
7.2.5.3.1. Mexico market size and forecast, by offerings
7.2.5.3.2. Mexico market size and forecast, by end-users
7.2.5.3.3. Mexico market size and forecast, by market vertical
7.3. Europe
7.3.1. Key market trends, growth factors, and opportunities
7.3.2. Market size and forecast, by offerings
7.3.3. Market size and forecast, by end-users
7.3.4. Market size and forecast, by market vertical
7.3.5. Market size and forecast, by country
7.3.5.1. UK
7.3.5.1.1. UK market size and forecast, by offerings
7.3.5.1.2. UK market size and forecast, by end-users
7.3.5.1.3. UK market size and forecast, by market vertical
7.3.5.2. Germany
7.3.5.2.1. Germany market size and forecast, by offerings
7.3.5.2.2. Germany market size and forecast, by end-users
7.3.5.2.3. Germany market size and forecast, by market vertical
7.3.5.3. France
7.3.5.3.1. France market size and forecast, by offerings
7.3.5.3.2. France market size and forecast, by end-users
7.3.5.3.3. France market size and forecast, by market vertical
7.3.5.4. Russia
7.3.5.4.1. Russia market size and forecast, by offerings
7.3.5.4.2. Russia market size and forecast, by end-users
7.3.5.4.3. Russia market size and forecast, by market vertical
7.3.5.5. Rest of Europe
7.3.5.5.1. Rest of Europe market size and forecast, by offerings
7.3.5.5.2. Rest of Europe market size and forecast, by end-users
7.3.5.5.3. Rest of Europe market size and forecast, by market vertical
7.4. Asia-Pacific
7.4.1. Key market trends, growth factors, and opportunities
7.4.2. Market size and forecast, by offerings
7.4.3. Market size and forecast, by end-users
7.4.4. Market size and forecast, by market vertical
7.4.5. Market size and forecast, by country
7.4.5.1. China
7.4.5.1.1. China market size and forecast, by offerings
7.4.5.1.2. China market size and forecast, by end-users
7.4.5.1.3. China market size and forecast, by market vertical
7.4.5.2. Japan
7.4.5.2.1. Japan market size and forecast, by offerings
7.4.5.2.2. Japan market size and forecast, by end-users
7.4.5.2.3. Japan market size and forecast, by market vertical
7.4.5.3. India
7.4.5.3.1. India market size and forecast, by offerings
7.4.5.3.2. India market size and forecast, by end-users
7.4.5.3.3. India market size and forecast, by market vertical
7.4.5.4. Rest of Asia-Pacific
7.4.5.4.1. Rest of Asia-Pacific market size and forecast, by offerings
7.4.5.4.2. Rest of Asia-Pacific market size and forecast, by end-users
7.4.5.4.3. Rest of Asia-Pacific market size and forecast, by market vertical
7.5. LAMEA
7.5.1. Key market trends, growth factors, and opportunities
7.5.2. Market size and forecast, by offerings
7.5.3. Market size and forecast, by end-users
7.5.4. Market size and forecast, by market vertical
7.5.5. Market size and forecast, by country
7.5.5.1. Latin America
7.5.5.1.1. Latin America market size and forecast, by offerings
7.5.5.1.2. Latin America market size and forecast, by end-users
7.5.5.1.3. Latin America market size and forecast, by market vertical
7.5.5.2. Middle East
7.5.5.2.1. Middle East market size and forecast, by offerings
7.5.5.2.2. Middle East market size and forecast, by end-users
7.5.5.2.3. Middle East market size and forecast, by market vertical
7.5.5.3. Africa
7.5.5.3.1. Africa market size and forecast, by offerings
7.5.5.3.2. Africa market size and forecast, by end-users
7.5.5.3.3. Africa market size and forecast, by market vertical
CHAPTER 8: Company profiles
8.1. CG
8.1.1. Company overview
8.1.2. Company snapshot
8.1.3. Product portfolio
8.1.4. Business performance
8.2. Dunkermotoren GmbH
8.2.1. Company overview
8.2.2. Company snapshot
8.2.3. Operating business segments
8.2.4. Product portfolio
8.3. HSD SpA
8.3.1. Company overview
8.3.2. Company snapshot
8.3.3. Product portfolio
8.4. Nidec Corporation
8.4.1. Company overview
8.4.2. Company snapshot
8.4.3. Operating business segments
8.4.4. Product portfolio
8.4.5. Business performance
8.4.6. Key strategic moves and developments
8.5. Reliance Precision Limited
8.5.1. Company overview
8.5.2. Company snapshot
8.5.3. Product portfolio
8.5.4. Business performance
8.6. Rockwell Automation, Inc.
8.6.1. Company overview
8.6.2. Company snapshot
8.6.3. Product portfolio
8.6.4. Business performance
8.7. Schneider Electric
8.7.1. Company overview
8.7.2. Company snapshot
8.7.3. Operating business segments
8.7.4. Product portfolio
8.7.5. Business performance
8.7.6. Key strategic moves and developments
8.8. Somfy Systems, Inc
8.8.1. Company overview
8.8.2. Company snapshot
8.8.3. Operating business segments
8.8.4. Product portfolio
8.8.5. Business performance
8.9. Technosoft SA
8.9.1. Company overview
8.9.2. Company snapshot
8.9.3. Operating business segments
8.9.4. Product portfolio
8.9.5. Key strategic moves and developments
8.10. USAutomation
8.10.1. Company overview
8.10.2. Company snapshot
8.10.3. Operating business segments
8.10.4. Product portfolio
Note: Product cover images may vary from those shown
According to A new report titled,titled, Industrial Smart Motors Market by Offering, End User, and Market Vertical: Global Opportunity Analysis and Industry Forecast, 2018 - 2025, the industrial smart motors market was valued at $1,207.86 million in 2017 and is expected to reach $1,809.11 million by 2025, registering a CAGR of 5.28% from 2018 to 2025." Asia-Pacific dominated the industrial smart motors market accounting for around two-fifths share of the total revenue by region.

Industrial smart motors are specialized motors that offer superior performance through integration of internet of things (IoT) enabled services that include superior machine control, predictive maintenance, and reduced downtime during maintenance. Smart motors have witnessed a rise in their scope of application across different industry verticals due to integration of sensors, microprocessor chips, and software programs. For instance, they find application in discrete automation, materials handling, industrial machineries & equipment, smart manufacturing, and mechanical power transmission-based equipment among others. As a result, the industrial smart motors have gained traction in the recent years and are expected to provide numerous profitable opportunities for the manufacturers during the forecast period.

The pumps segment accounted for almost one-fifth share of the global smart industrial motors market based on end user due to high demand for efficient and superior machine control of motors. Moreover, increase in demand for reducing downtime during maintenance and service activities is expected to drive the growth of smart motors across different market verticals. Thus, the pumps segment is expected to maintain its dominant position during the forecast period and subsequently provide numerous profitable opportunities for the market players. However, growth in popularity of application-specific equipment and machinery has gained traction and is projected to propel the demand for smart motors in conveyor systems, process automation, smart manufacturing, and OEMs (original equipment manufacturers) related equipment among others.

The manufacturing industry segment accounted for almost one-fourth of the total market share in the industrial smart motors market due to rise in adoption of smart manufacturing practices to low downtime and improved efficiency of the plant machineries by leading manufacturers over the past few years. Further, the growing popularity of IoT (Internet of Things) enabled services in industrial machineries as well as equipment is gaining traction among manufacturers for improving their plant efficiencies and preventing unanticipated equipment failures.

Key findings of the Industrial Smart Motors Market:

In terms of market share, the pumps segment generated around one-fifth of the total revenue in 2017 and is expected to grow at a CAGR of 5.11% during the forecast period.
The automotive industry segment is anticipated to grow at a CAGR of 5.13% from 2018 to 2025 and reach $457.34 million by 2025.
Asia-Pacific is expected to witness high CAGR growth of 5.49% from 2018 to 2025.The key players in the global industrial smart motors market are focusing on new product development to gain a strong foothold in the market.

The key players profiled in the report include CG, Dunkermotoren GmbH, HSD SpA, Nidec Corporation, Reliance Precision Limited, Rockwell Automation, Schneider Electric, Somfy Systems Inc., TECHNOSOFT SA, and USAutomation.
Note: Product cover images may vary from those shown

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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