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AC Electric Motors in Oil & Gas Industry - Global Strategic Business Report

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    Report

  • 93 Pages
  • December 2024
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 5301775
The global market for AC Electric Motors in Oil Gas Industry was estimated at US$13.8 Billion in 2023 and is projected to reach US$20.7 Billion by 2030, growing at a CAGR of 6.0% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

Global AC Electric Motors in Oil & Gas Industry Market - Key Trends and Drivers Summarized

How Are AC Electric Motors Used in the Oil & Gas Industry?

AC electric motors play a critical role in the oil and gas industry, providing the power needed for various mechanical processes involved in extraction, refining, and transportation. These motors are used across a broad range of applications, from drilling operations and pump systems to compressors and pipeline systems. In upstream operations, AC electric motors power drilling rigs, where they are used to drive the mechanical systems that penetrate deep into the earth to access oil reserves. Downstream, they are essential in refineries, where they power pumps, fans, and blowers that move fluids and gases through the refining process.

In midstream operations, AC electric motors are crucial for the operation of pipelines, driving the compressors and pumps that transport oil and gas over long distances. AC motors are favored in the oil and gas sector for their reliability, efficiency, and ability to handle heavy loads, which is vital in the demanding environments of the industry. Their ability to operate in continuous duty cycles without significant downtime is essential for maintaining high productivity in oil and gas facilities.

Why Are AC Electric Motors Preferred in Oil & Gas Operations?

AC electric motors are the preferred choice in the oil and gas industry due to several key advantages that align with the sector's demanding operational requirements. One of the main reasons for their widespread use is their efficiency and durability, especially when handling heavy loads over long periods. These motors are designed to operate in harsh and hazardous environments, such as offshore drilling platforms or refineries, where exposure to extreme temperatures, corrosive substances, and explosive atmospheres is common. With their robust construction, AC electric motors can withstand these conditions while delivering consistent and reliable power, making them ideal for critical operations such as pumping oil or driving compressors.

Another major factor is the ease of maintenance and control offered by AC motors. The compatibility of AC electric motors with variable frequency drives (VFDs) allows for precise control over motor speed and torque, which is essential in optimizing processes and reducing energy consumption. This feature is especially important in oil and gas operations where energy efficiency directly impacts operating costs.

By adjusting motor speed to match the specific needs of equipment like pumps or compressors, companies can avoid unnecessary power consumption and improve the overall efficiency of their operations. Additionally, the scalability and adaptability of AC electric motors make them suitable for both large-scale industrial plants and smaller, more specialized applications, ensuring they can be used across the entire spectrum of oil and gas operations.

What Challenges Are Involved in Using AC Electric Motors in the Oil & Gas Industry?

Despite the clear advantages of AC electric motors, their application in the oil and gas industry comes with its own set of challenges. One of the primary concerns is the harsh operational environment, where equipment must be able to endure extreme conditions such as high pressure, corrosive chemicals, and high levels of dust and moisture. Offshore platforms, for example, present significant challenges due to the corrosive effects of saltwater and humidity, which can lead to motor failure if the motors are not properly protected. This necessitates the use of specialized materials and coatings to ensure the longevity of AC electric motors in such environments, adding to the complexity and cost of deployment.

Another challenge is ensuring the motors meet safety standards for hazardous locations, especially in environments where there is a risk of explosions due to flammable gases or liquids. In these situations, motors must be explosion-proof or intrinsically safe to prevent any electrical sparks that could ignite volatile substances. Compliance with stringent safety regulations and the need for regular inspections and maintenance to ensure motors remain in optimal condition are critical considerations in this industry.

Additionally, the sheer scale of oil and gas operations often requires motors with high power ratings and the ability to run continuously for long periods without downtime, putting stress on both the motors and their control systems. While AC electric motors are generally reliable, the need for predictive maintenance systems and remote monitoring tools is becoming increasingly important to avoid costly disruptions or equipment failures.

What Factors Are Driving the Growth of AC Electric Motors in the Oil & Gas Industry?

The growth of AC electric motors in the oil and gas industry is being driven by several key factors, particularly the increasing emphasis on energy efficiency, safety, and technological advancements. One of the most significant drivers is the rising cost of energy, which has led oil and gas companies to prioritize energy-efficient solutions that reduce operating expenses. AC electric motors, especially when paired with variable frequency drives (VFDs), enable significant energy savings by allowing operators to precisely control motor speed and reduce power consumption during less demanding periods of operation.

This energy efficiency is particularly important in midstream operations, where pumps and compressors must operate continuously to maintain flow through pipelines. Another factor is the growing adoption of automation and digital technologies in the oil and gas sector. With the increasing use of smart monitoring and predictive maintenance systems, AC electric motors equipped with sensors and IoT capabilities are becoming integral to the automation of key processes. This allows operators to remotely monitor motor performance, predict potential failures before they occur, and optimize maintenance schedules, reducing downtime and improving overall operational efficiency.

Additionally, regulatory pressures to improve safety and environmental performance are driving demand for explosion-proof AC motors that meet the stringent safety standards required in hazardous environments. As companies invest in more advanced equipment to comply with regulations, AC electric motors that offer reliability, safety, and adaptability are in greater demand.

Lastly, the expansion of oil and gas operations into more remote and challenging environments, such as deep-sea drilling or shale extraction, requires highly reliable and durable motors that can perform under extreme conditions. As exploration and production move into these more demanding areas, the need for rugged, high-performance AC electric motors continues to grow. This combination of energy efficiency, enhanced safety, and technological advancement is ensuring that AC electric motors remain a vital component in the ongoing evolution of the oil and gas industry.

Key Insights:

  • Market Growth: Understand the significant growth trajectory of the Induction Motors segment, which is expected to reach US$14.5 Billion by 2030 with a CAGR of a 6.2%. The Synchronous Motors segment is also set to grow at 5.5% CAGR over the analysis period.
  • Regional Analysis: Gain insights into the U.S. market, estimated at $3.6 Billion in 2023, and China, forecasted to grow at an impressive 8.8% CAGR to reach $4.7 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

  • Detailed Market Analysis: Access a thorough analysis of the Global AC Electric Motors in Oil & Gas Industry Market, covering all major geographic regions and market segments.
  • Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
  • Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global AC Electric Motors in Oil & Gas Industry Market.
  • Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

  • How is the Global AC Electric Motors in Oil & Gas Industry Market expected to evolve by 2030?
  • What are the main drivers and restraints affecting the market?
  • Which market segments will grow the most over the forecast period?
  • How will market shares for different regions and segments change by 2030?
  • Who are the leading players in the market, and what are their prospects?

Report Features:

  • Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
  • In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
  • Company Profiles: Coverage of major players in the Global AC Electric Motors in Oil & Gas Industry Market such as ABB, Allied Motion, ARC System, ATB, GE and more.
  • Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Some of the 42 companies featured in this Global AC Electric Motors in Oil & Gas Industry market report include:

  • ABB
  • Allied Motion
  • ARC System
  • ATB
  • GE
  • Hitachi
  • Hoyer
  • Johnson Electric
  • Nidec Corporation
  • Regal Beloit
  • RockWell
  • Schneider Electric
  • Siemens
  • TMEIC
  • Toshiba Corporation
  • WEG SE
  • Yaskawa

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • Global Economic Update
  • AC Electric Motors in Oil & Gas Industry - Global Key Competitors Percentage Market Share in 2024 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
  • Rising Demand for Energy-Efficient Solutions Propels Growth in AC Electric Motors in Oil & Gas Industry
  • Increased Exploration and Production Activities Expand Addressable Market for AC Electric Motors
  • Shift towards Electrification in Oil & Gas Operations Drives Adoption of AC Electric Motors
  • Growing Investments in Offshore Drilling Spur Demand for Robust AC Electric Motors
  • Advancements in Motor Control Technologies Propel Innovation in AC Electric Motors
  • Increased Automation in Oil & Gas Industry Accelerates Demand for AC Motors in Pumping Applications
  • Rising Use of AC Electric Motors in Midstream Operations Expands Market Opportunities
  • Renewable Energy Integration in Oil & Gas Infrastructure Throws Spotlight on AC Electric Motors
  • Increased Investments in LNG Projects Generate Demand for High-Performance AC Motors
  • Digitalization and Smart Oilfield Technologies Expand Opportunities for Smart AC Motors
  • Expansion of Oil & Gas Infrastructure in Emerging Markets Sustains Growth in AC Electric Motor Demand
4. GLOBAL MARKET PERSPECTIVE
  • Table 1: World Recent Past, Current & Future Analysis for AC Electric Motors in Oil & Gas Industry by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 2: World Historic Review for AC Electric Motors in Oil & Gas Industry by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 3: World 16-Year Perspective for AC Electric Motors in Oil & Gas Industry by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2014, 2024 & 2030
  • Table 4: World Recent Past, Current & Future Analysis for Induction by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 5: World Historic Review for Induction by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 6: World 16-Year Perspective for Induction by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 7: World Recent Past, Current & Future Analysis for Synchronous by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 8: World Historic Review for Synchronous by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 9: World 16-Year Perspective for Synchronous by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 10: World Recent Past, Current & Future Analysis for Less Than 1 kV by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 11: World Historic Review for Less Than 1 kV by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 12: World 16-Year Perspective for Less Than 1 kV by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 13: World Recent Past, Current & Future Analysis for 1 kV-6.6 kV by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 14: World Historic Review for 1 kV-6.6 kV by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 15: World 16-Year Perspective for 1 kV-6.6 kV by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 16: World Recent Past, Current & Future Analysis for More than 6.6 kV by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 17: World Historic Review for More than 6.6 kV by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 18: World 16-Year Perspective for More than 6.6 kV by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 19: World AC Electric Motors in Oil & Gas Industry Market Analysis of Annual Sales in US$ Million for Years 2014 through 2030
III. MARKET ANALYSIS
UNITED STATES
  • AC Electric Motors in Oil & Gas Industry Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2024 (E)
  • Table 20: USA Recent Past, Current & Future Analysis for AC Electric Motors in Oil & Gas Industry by Type - Induction and Synchronous - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 21: USA Historic Review for AC Electric Motors in Oil & Gas Industry by Type - Induction and Synchronous Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 22: USA 16-Year Perspective for AC Electric Motors in Oil & Gas Industry by Type - Percentage Breakdown of Value Sales for Induction and Synchronous for the Years 2014, 2024 & 2030
  • Table 23: USA Recent Past, Current & Future Analysis for AC Electric Motors in Oil & Gas Industry by Voltage - Less Than 1 kV, 1 kV-6.6 kV and More than 6.6 kV - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 24: USA Historic Review for AC Electric Motors in Oil & Gas Industry by Voltage - Less Than 1 kV, 1 kV-6.6 kV and More than 6.6 kV Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 25: USA 16-Year Perspective for AC Electric Motors in Oil & Gas Industry by Voltage - Percentage Breakdown of Value Sales for Less Than 1 kV, 1 kV-6.6 kV and More than 6.6 kV for the Years 2014, 2024 & 2030
CANADA
  • Table 26: Canada Recent Past, Current & Future Analysis for AC Electric Motors in Oil & Gas Industry by Type - Induction and Synchronous - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 27: Canada Historic Review for AC Electric Motors in Oil & Gas Industry by Type - Induction and Synchronous Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 28: Canada 16-Year Perspective for AC Electric Motors in Oil & Gas Industry by Type - Percentage Breakdown of Value Sales for Induction and Synchronous for the Years 2014, 2024 & 2030
  • Table 29: Canada Recent Past, Current & Future Analysis for AC Electric Motors in Oil & Gas Industry by Voltage - Less Than 1 kV, 1 kV-6.6 kV and More than 6.6 kV - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 30: Canada Historic Review for AC Electric Motors in Oil & Gas Industry by Voltage - Less Than 1 kV, 1 kV-6.6 kV and More than 6.6 kV Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 31: Canada 16-Year Perspective for AC Electric Motors in Oil & Gas Industry by Voltage - Percentage Breakdown of Value Sales for Less Than 1 kV, 1 kV-6.6 kV and More than 6.6 kV for the Years 2014, 2024 & 2030
JAPAN
  • AC Electric Motors in Oil & Gas Industry Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2024 (E)
  • Table 32: Japan Recent Past, Current & Future Analysis for AC Electric Motors in Oil & Gas Industry by Type - Induction and Synchronous - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 33: Japan Historic Review for AC Electric Motors in Oil & Gas Industry by Type - Induction and Synchronous Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 34: Japan 16-Year Perspective for AC Electric Motors in Oil & Gas Industry by Type - Percentage Breakdown of Value Sales for Induction and Synchronous for the Years 2014, 2024 & 2030
  • Table 35: Japan Recent Past, Current & Future Analysis for AC Electric Motors in Oil & Gas Industry by Voltage - Less Than 1 kV, 1 kV-6.6 kV and More than 6.6 kV - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 36: Japan Historic Review for AC Electric Motors in Oil & Gas Industry by Voltage - Less Than 1 kV, 1 kV-6.6 kV and More than 6.6 kV Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 37: Japan 16-Year Perspective for AC Electric Motors in Oil & Gas Industry by Voltage - Percentage Breakdown of Value Sales for Less Than 1 kV, 1 kV-6.6 kV and More than 6.6 kV for the Years 2014, 2024 & 2030
CHINA
  • AC Electric Motors in Oil & Gas Industry Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2024 (E)
  • Table 38: China Recent Past, Current & Future Analysis for AC Electric Motors in Oil & Gas Industry by Type - Induction and Synchronous - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 39: China Historic Review for AC Electric Motors in Oil & Gas Industry by Type - Induction and Synchronous Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 40: China 16-Year Perspective for AC Electric Motors in Oil & Gas Industry by Type - Percentage Breakdown of Value Sales for Induction and Synchronous for the Years 2014, 2024 & 2030
  • Table 41: China Recent Past, Current & Future Analysis for AC Electric Motors in Oil & Gas Industry by Voltage - Less Than 1 kV, 1 kV-6.6 kV and More than 6.6 kV - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 42: China Historic Review for AC Electric Motors in Oil & Gas Industry by Voltage - Less Than 1 kV, 1 kV-6.6 kV and More than 6.6 kV Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 43: China 16-Year Perspective for AC Electric Motors in Oil & Gas Industry by Voltage - Percentage Breakdown of Value Sales for Less Than 1 kV, 1 kV-6.6 kV and More than 6.6 kV for the Years 2014, 2024 & 2030
EUROPE
  • AC Electric Motors in Oil & Gas Industry Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2024 (E)
  • Table 44: Europe Recent Past, Current & Future Analysis for AC Electric Motors in Oil & Gas Industry by Geographic Region - France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 45: Europe Historic Review for AC Electric Motors in Oil & Gas Industry by Geographic Region - France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 46: Europe 16-Year Perspective for AC Electric Motors in Oil & Gas Industry by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets for Years 2014, 2024 & 2030
  • Table 47: Europe Recent Past, Current & Future Analysis for AC Electric Motors in Oil & Gas Industry by Type - Induction and Synchronous - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 48: Europe Historic Review for AC Electric Motors in Oil & Gas Industry by Type - Induction and Synchronous Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 49: Europe 16-Year Perspective for AC Electric Motors in Oil & Gas Industry by Type - Percentage Breakdown of Value Sales for Induction and Synchronous for the Years 2014, 2024 & 2030
  • Table 50: Europe Recent Past, Current & Future Analysis for AC Electric Motors in Oil & Gas Industry by Voltage - Less Than 1 kV, 1 kV-6.6 kV and More than 6.6 kV - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 51: Europe Historic Review for AC Electric Motors in Oil & Gas Industry by Voltage - Less Than 1 kV, 1 kV-6.6 kV and More than 6.6 kV Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 52: Europe 16-Year Perspective for AC Electric Motors in Oil & Gas Industry by Voltage - Percentage Breakdown of Value Sales for Less Than 1 kV, 1 kV-6.6 kV and More than 6.6 kV for the Years 2014, 2024 & 2030
FRANCE
  • AC Electric Motors in Oil & Gas Industry Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2024 (E)
  • Table 53: France Recent Past, Current & Future Analysis for AC Electric Motors in Oil & Gas Industry by Type - Induction and Synchronous - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 54: France Historic Review for AC Electric Motors in Oil & Gas Industry by Type - Induction and Synchronous Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 55: France 16-Year Perspective for AC Electric Motors in Oil & Gas Industry by Type - Percentage Breakdown of Value Sales for Induction and Synchronous for the Years 2014, 2024 & 2030
  • Table 56: France Recent Past, Current & Future Analysis for AC Electric Motors in Oil & Gas Industry by Voltage - Less Than 1 kV, 1 kV-6.6 kV and More than 6.6 kV - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 57: France Historic Review for AC Electric Motors in Oil & Gas Industry by Voltage - Less Than 1 kV, 1 kV-6.6 kV and More than 6.6 kV Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 58: France 16-Year Perspective for AC Electric Motors in Oil & Gas Industry by Voltage - Percentage Breakdown of Value Sales for Less Than 1 kV, 1 kV-6.6 kV and More than 6.6 kV for the Years 2014, 2024 & 2030
GERMANY
  • AC Electric Motors in Oil & Gas Industry Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2024 (E)
  • Table 59: Germany Recent Past, Current & Future Analysis for AC Electric Motors in Oil & Gas Industry by Type - Induction and Synchronous - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 60: Germany Historic Review for AC Electric Motors in Oil & Gas Industry by Type - Induction and Synchronous Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 61: Germany 16-Year Perspective for AC Electric Motors in Oil & Gas Industry by Type - Percentage Breakdown of Value Sales for Induction and Synchronous for the Years 2014, 2024 & 2030
  • Table 62: Germany Recent Past, Current & Future Analysis for AC Electric Motors in Oil & Gas Industry by Voltage - Less Than 1 kV, 1 kV-6.6 kV and More than 6.6 kV - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 63: Germany Historic Review for AC Electric Motors in Oil & Gas Industry by Voltage - Less Than 1 kV, 1 kV-6.6 kV and More than 6.6 kV Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 64: Germany 16-Year Perspective for AC Electric Motors in Oil & Gas Industry by Voltage - Percentage Breakdown of Value Sales for Less Than 1 kV, 1 kV-6.6 kV and More than 6.6 kV for the Years 2014, 2024 & 2030
ITALY
  • Table 65: Italy Recent Past, Current & Future Analysis for AC Electric Motors in Oil & Gas Industry by Type - Induction and Synchronous - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 66: Italy Historic Review for AC Electric Motors in Oil & Gas Industry by Type - Induction and Synchronous Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 67: Italy 16-Year Perspective for AC Electric Motors in Oil & Gas Industry by Type - Percentage Breakdown of Value Sales for Induction and Synchronous for the Years 2014, 2024 & 2030
  • Table 68: Italy Recent Past, Current & Future Analysis for AC Electric Motors in Oil & Gas Industry by Voltage - Less Than 1 kV, 1 kV-6.6 kV and More than 6.6 kV - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 69: Italy Historic Review for AC Electric Motors in Oil & Gas Industry by Voltage - Less Than 1 kV, 1 kV-6.6 kV and More than 6.6 kV Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 70: Italy 16-Year Perspective for AC Electric Motors in Oil & Gas Industry by Voltage - Percentage Breakdown of Value Sales for Less Than 1 kV, 1 kV-6.6 kV and More than 6.6 kV for the Years 2014, 2024 & 2030
UNITED KINGDOM
  • AC Electric Motors in Oil & Gas Industry Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2024 (E)
  • Table 71: UK Recent Past, Current & Future Analysis for AC Electric Motors in Oil & Gas Industry by Type - Induction and Synchronous - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 72: UK Historic Review for AC Electric Motors in Oil & Gas Industry by Type - Induction and Synchronous Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 73: UK 16-Year Perspective for AC Electric Motors in Oil & Gas Industry by Type - Percentage Breakdown of Value Sales for Induction and Synchronous for the Years 2014, 2024 & 2030
  • Table 74: UK Recent Past, Current & Future Analysis for AC Electric Motors in Oil & Gas Industry by Voltage - Less Than 1 kV, 1 kV-6.6 kV and More than 6.6 kV - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 75: UK Historic Review for AC Electric Motors in Oil & Gas Industry by Voltage - Less Than 1 kV, 1 kV-6.6 kV and More than 6.6 kV Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 76: UK 16-Year Perspective for AC Electric Motors in Oil & Gas Industry by Voltage - Percentage Breakdown of Value Sales for Less Than 1 kV, 1 kV-6.6 kV and More than 6.6 kV for the Years 2014, 2024 & 2030
SPAIN
  • Table 77: Spain Recent Past, Current & Future Analysis for AC Electric Motors in Oil & Gas Industry by Type - Induction and Synchronous - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 78: Spain Historic Review for AC Electric Motors in Oil & Gas Industry by Type - Induction and Synchronous Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 79: Spain 16-Year Perspective for AC Electric Motors in Oil & Gas Industry by Type - Percentage Breakdown of Value Sales for Induction and Synchronous for the Years 2014, 2024 & 2030
  • Table 80: Spain Recent Past, Current & Future Analysis for AC Electric Motors in Oil & Gas Industry by Voltage - Less Than 1 kV, 1 kV-6.6 kV and More than 6.6 kV - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 81: Spain Historic Review for AC Electric Motors in Oil & Gas Industry by Voltage - Less Than 1 kV, 1 kV-6.6 kV and More than 6.6 kV Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 82: Spain 16-Year Perspective for AC Electric Motors in Oil & Gas Industry by Voltage - Percentage Breakdown of Value Sales for Less Than 1 kV, 1 kV-6.6 kV and More than 6.6 kV for the Years 2014, 2024 & 2030
RUSSIA
  • Table 83: Russia Recent Past, Current & Future Analysis for AC Electric Motors in Oil & Gas Industry by Type - Induction and Synchronous - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 84: Russia Historic Review for AC Electric Motors in Oil & Gas Industry by Type - Induction and Synchronous Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 85: Russia 16-Year Perspective for AC Electric Motors in Oil & Gas Industry by Type - Percentage Breakdown of Value Sales for Induction and Synchronous for the Years 2014, 2024 & 2030
  • Table 86: Russia Recent Past, Current & Future Analysis for AC Electric Motors in Oil & Gas Industry by Voltage - Less Than 1 kV, 1 kV-6.6 kV and More than 6.6 kV - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 87: Russia Historic Review for AC Electric Motors in Oil & Gas Industry by Voltage - Less Than 1 kV, 1 kV-6.6 kV and More than 6.6 kV Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 88: Russia 16-Year Perspective for AC Electric Motors in Oil & Gas Industry by Voltage - Percentage Breakdown of Value Sales for Less Than 1 kV, 1 kV-6.6 kV and More than 6.6 kV for the Years 2014, 2024 & 2030
REST OF EUROPE
  • Table 89: Rest of Europe Recent Past, Current & Future Analysis for AC Electric Motors in Oil & Gas Industry by Type - Induction and Synchronous - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 90: Rest of Europe Historic Review for AC Electric Motors in Oil & Gas Industry by Type - Induction and Synchronous Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 91: Rest of Europe 16-Year Perspective for AC Electric Motors in Oil & Gas Industry by Type - Percentage Breakdown of Value Sales for Induction and Synchronous for the Years 2014, 2024 & 2030
  • Table 92: Rest of Europe Recent Past, Current & Future Analysis for AC Electric Motors in Oil & Gas Industry by Voltage - Less Than 1 kV, 1 kV-6.6 kV and More than 6.6 kV - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 93: Rest of Europe Historic Review for AC Electric Motors in Oil & Gas Industry by Voltage - Less Than 1 kV, 1 kV-6.6 kV and More than 6.6 kV Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 94: Rest of Europe 16-Year Perspective for AC Electric Motors in Oil & Gas Industry by Voltage - Percentage Breakdown of Value Sales for Less Than 1 kV, 1 kV-6.6 kV and More than 6.6 kV for the Years 2014, 2024 & 2030
ASIA-PACIFIC
  • AC Electric Motors in Oil & Gas Industry Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2024 (E)
  • Table 95: Asia-Pacific Recent Past, Current & Future Analysis for AC Electric Motors in Oil & Gas Industry by Geographic Region - Australia, India, South Korea and Rest of Asia-Pacific Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 96: Asia-Pacific Historic Review for AC Electric Motors in Oil & Gas Industry by Geographic Region - Australia, India, South Korea and Rest of Asia-Pacific Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 97: Asia-Pacific 16-Year Perspective for AC Electric Motors in Oil & Gas Industry by Geographic Region - Percentage Breakdown of Value Sales for Australia, India, South Korea and Rest of Asia-Pacific Markets for Years 2014, 2024 & 2030
  • Table 98: Asia-Pacific Recent Past, Current & Future Analysis for AC Electric Motors in Oil & Gas Industry by Type - Induction and Synchronous - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 99: Asia-Pacific Historic Review for AC Electric Motors in Oil & Gas Industry by Type - Induction and Synchronous Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 100: Asia-Pacific 16-Year Perspective for AC Electric Motors in Oil & Gas Industry by Type - Percentage Breakdown of Value Sales for Induction and Synchronous for the Years 2014, 2024 & 2030
  • Table 101: Asia-Pacific Recent Past, Current & Future Analysis for AC Electric Motors in Oil & Gas Industry by Voltage - Less Than 1 kV, 1 kV-6.6 kV and More than 6.6 kV - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 102: Asia-Pacific Historic Review for AC Electric Motors in Oil & Gas Industry by Voltage - Less Than 1 kV, 1 kV-6.6 kV and More than 6.6 kV Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 103: Asia-Pacific 16-Year Perspective for AC Electric Motors in Oil & Gas Industry by Voltage - Percentage Breakdown of Value Sales for Less Than 1 kV, 1 kV-6.6 kV and More than 6.6 kV for the Years 2014, 2024 & 2030
AUSTRALIA
  • AC Electric Motors in Oil & Gas Industry Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Australia for 2024 (E)
INDIA
  • AC Electric Motors in Oil & Gas Industry Market Presence - Strong/Active/Niche/Trivial - Key Competitors in India for 2024 (E)
SOUTH KOREAREST OF ASIA-PACIFIC
LATIN AMERICA
  • AC Electric Motors in Oil & Gas Industry Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Latin America for 2024 (E)
ARGENTINABRAZILMEXICOREST OF LATIN AMERICA
MIDDLE EAST
  • AC Electric Motors in Oil & Gas Industry Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Middle East for 2024 (E)
IRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EAST
AFRICA
  • AC Electric Motors in Oil & Gas Industry Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Africa for 2024 (E)
IV. COMPETITION

Companies Mentioned

Some of the 42 companies featured in this Global AC Electric Motors in Oil & Gas Industry market report include:
  • ABB
  • Allied Motion
  • ARC System
  • ATB
  • GE
  • Hitachi
  • Hoyer
  • Johnson Electric
  • Nidec Corporation
  • Regal Beloit
  • RockWell
  • Schneider Electric
  • Siemens
  • TMEIC
  • Toshiba Corporation
  • WEG SE
  • Yaskawa

Table Information