An induction motor is a type of electric motor that uses electromagnetic induction to convert electrical energy into mechanical energy. It is the most widely used motor in industrial and domestic applications. It is a type of asynchronous motor, meaning that the rotor rotates at a different speed than the stator field. The induction motor is a robust and reliable motor, and is relatively inexpensive to manufacture. It is also highly efficient, with a power factor of up to 0.95. The induction motor is also easy to maintain and can be used in a wide range of applications, from small fans to large pumps and compressors. The induction motor market is highly competitive, with a number of manufacturers offering a wide range of products. Some of the major players in the market include ABB, Siemens, WEG, Nidec, TECO, and Crompton Greaves. Show Less Read more
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