Population growth across the world has increased the spend on home utilities such as refrigerators and air conditioners. This is driving the demand for induction motors from the manufacturers of such products, which is fueling the growth of the global induction motors market.
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.
This 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 the optimization of category spend.
Category driver
Category management strategy
Procurement best practices
Key questions answered in this report
You can request one free hour of analyst’s time when you purchase this market report.
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.
This 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 the optimization of category spend.
Category driver
- Growth in the demand for single-phase induction motors.
Category management strategy
- Engage with suppliers that have strong raw material sourcing arrangements.
Procurement best practices
- Collaborate with suppliers for planning inventory for electric motors and spares.
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 analyst’s time when you purchase this market report.
Table of Contents
PART 01: Executive SummaryPART 13: Appendix
PART 02: Market Insights
PART 03: Category Pricing Insights
PART 04: Cost-Saving Opportunities
PART 05: Best Practices
PART 06: Category Ecosystem
PART 07: Category Management Strategy
PART 08: Category Management Enablers
PART 09: Suppliers Selection
PART 10: Suppliers Under Coverage
PART 11: US Market Insights
PART 12: Category Definition
Executive Summary
The following companies are recognised as the key suppliers in the Global Induction Motors Category – Procurement Market Intelligence Report: ABB, Siemens, Nidec, GE, Hitachi, and WEG.Commenting on the report, an analyst from the research team said: “One of the procurement best practices for buyers is to engage with suppliers that can provide modular induction motors”.
According to the report, one of the key growth contributors to the global induction motors market is the growth in global population.
Further, the report states that one of the key category management strategies for the buyers in the global induction motors market is to engage with suppliers that have strong innovation capabilities.
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
- GE
- Hitachi
- WEG.
Methodology
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