Global AC Electric Motor Sales in Oil & Gas Market Set to Reach $15.87 billion by 2026

5/8, 10:56 AM (Source: GlobeNewswire)

Dublin, May 08, 2019 (GLOBE NEWSWIRE) -- The "AC Electric Motor Sales in Oil & Gas - Global Market Outlook (2017-2026)" report has been added to's offering.

The Global AC Electric Motor Sales in Oil & Gas market accounted for $9.18 billion in 2017 and is expected to reach $15.87 billion by 2026 growing at a CAGR of 6.3%. Factors such as a rising demand for technological developments and an increase in the transition to energy-efficient motors in oil & gas industry are driving market growth. However, stringent government regulations and the constant growth of the oil & gas industry are hampering the growth of the market.

AC electric motor is powered by alternating current and comprises of two main parts, namely, an outside stator possessing coils supplied with AC to generate a first rotating magnetic field along with an inside rotor attached to the output shaft creating a second rotating magnetic field.

Based on the output power (HP), > 1 HP segment has a lucrative market share during the forecast period. Due to the wide application of these motors in the oil & gas sector including pumps, auxiliary generators, centrifugal & reciprocating compressors, and cranes. The trend is highly evident in developed economies, wherein the purchasing power is high. By geography, the Asia Pacific region is driven by increasing rapid industrial development, especially in the oil & gas industry is some of the key factors responsible for the growth of the AC electric motor market.

What the report offers:

  • Market share assessments for the regional and country level segments
  • Strategic recommendations for the new entrants
  • Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
  • Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
  • Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter's five forces analysis, SWOT analysis etc.
  • Strategic recommendations in key business segments based on the market estimations
  • Competitive landscaping mapping the key common trends
  • Company profiling with detailed strategies, financials, and recent developments
  • Supply chain trends mapping the latest technological advancements

Key Topics Covered:

1 Executive Summary

2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions

3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Application Analysis
3.7 Emerging Markets
3.8 Futuristic Market Scenario

4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry

5 Global AC Electric Motor Sales in Oil & Gas Market, By Voltage
5.1 Introduction
5.2 < 1 kV Motor
5.3 1-6.6 kV Motor
5.4 >6.6 kV Motor

6 Global AC Electric Motor Sales in Oil & Gas Market, By Type
6.1 Introduction
6.2 Synchronous Motor
6.3 Induction Motor

7 Global AC Electric Motor Sales in Oil & Gas Market, By Output Power (HP)
7.1 Introduction
7.2 < 1 HP Motor
7.3 >1 HP Motor

8 Global AC Electric Motor Sales in Oil & Gas Market, By Output Power (KW)
8.1 Introduction
8.2 0.12-7.5 kW
8.3 7.5-110 kW
8.4 110-1,000 kW
8.5 >1,000 kW

9 Global AC Electric Motor Sales in Oil & Gas Market, By Application
9.1 Introduction
9.2 Onshore
9.3 Offshore

10 Global AC Electric Motor Sales in Oil & Gas Market, By Geography
10.1 Introduction
10.2 North America
10.2.1 US
10.2.2 Canada
10.2.3 Mexico
10.3 Europe
10.3.1 Germany
10.3.2 UK
10.3.3 Italy
10.3.4 France
10.3.5 Spain
10.3.6 Rest of Europe
10.4 Asia Pacific
10.4.1 Japan
10.4.2 China
10.4.3 India
10.4.4 Australia
10.4.5 New Zealand
10.4.6 South Korea
10.4.7 Rest of Asia Pacific
10.5 South America
10.5.1 Argentina
10.5.2 Brazil
10.5.3 Chile
10.5.4 Rest of South America
10.6 Middle East & Africa
10.6.1 Saudi Arabia
10.6.2 UAE
10.6.3 Qatar
10.6.4 South Africa
10.6.5 Rest of Middle East & Africa

11 Key Developments
11.1 Agreements, Partnerships, Collaborations and Joint Ventures
11.2 Acquisitions & Mergers
11.3 New Product Launch
11.4 Expansions
11.5 Other Key Strategies

12 Company Profiling
12.1 ABB
12.2 Allied Motion
12.3 ARC System
12.4 ATB
12.5 GE
12.6 Hitachi
12.7 Hoyer
12.8 Johnson Electric
12.9 Nidec Corporation
12.10 Regal Beloit
12.11 RockWell
12.12 Schneider Electric
12.13 Siemens
12.14 TMEIC
12.15 Toshiba Corporation
12.16 WEG SE
12.17 Yaskawa

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Related Topics: Gas, Oil, Motors


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