Market Overview
In the research report, Market Research Future (MRFR), emphasizes that the global electric motors market 2020 is expected to grow exponentially, securing a significant market valuation and a healthy CAGR over the review period.
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Drivers and Restraints
The aspects fueling the growth of the market for household appliances for electric motors are rising demand for HVAC in the residential sector and growing household appliances' affordability. HVAC systems improve both safety and comfort in residences. The increased demand for HVAC systems in home appliances is projected to raise demand for electric motors in residential-sector HVAC systems. Nevertheless, the selling of electric motors is growing year-on-year with home appliance demand rising. Household appliance demand is expected to lead to appliance industry growth. Companies concentrate on innovations to deliver better low-price products, resulting in aggressive competition among household appliance manufacturers to gain an advantage over their peers.
Segmental Analysis
The global electric motors market for household appliances is analyzed based on voltage, type, application, output power, and region.
The world market is segmented by form into AC engines and DC motors. Through voltage, the global market is segmented into up to 50 V, 50 V – 120 V and above 120 V. Based on their size, the 50 V – 120 V segment contains a wide variety of engines including shaded pole motors and brushless motors. During the forecast era, the segment is likely to experience high growth, mainly due to growing brushless motor applications in home appliances due to their long service life.
The global market was segmented into up to 500 W and above 500 W depending on the output power. The segment is expected to witness substantial growth over the forecast period, primarily due to increased demand for products with up to 500 W of output power in Asia-Pacific and Middle East & Africa's emerging economies.
The global electric motors market for household appliances was segmented by application into refrigerator, ovens, washing machine, electric fan, vacuum cleaner, range hood, dishwasher, tumble dryer, laundry dryer, and freezer.
Regional Analysis
The geographical synopsis of the global market has been conducted in four major regions, comprising Europe, the Asia Pacific, North America, and the rest of the world.
Due to the growth of residential sectors, the increase in GDP per capita, and the rise in demand for household appliances, Asia-Pacific is expected to hold a majority of the market share during the forecast period. The rapid growth of the residential sector is expected to raise energy demand in China's household appliances. Since electric motors are important components of household appliances, the demand for electric motors in China will increase with these developments. Residential sector growth, per capita GDP increase and household appliance demand increase are expected to drive the market for household appliances in the electric motors sector in the region. The increase in demand for refrigerators is expected to increase demand for electric motors which in household appliances are an essential component of the refrigerators. Such factors are poised to drive the growth of the Asia-Pacific household appliance market for electric motors over the forecast period.
Competitive Synopsis
The major market players operating in the global electric motor market as identified by MRFR are Johnson Electric Holdings Limited (Hong Kong), Nichibo DC Motor (China), EBM-PAPST (Germany), Sunonwealth Electric Machine Industry Co., Ltd. (Taiwan), Nidec Motor Corporation (Japan), Elica S.p.A. (Italy), Newmotech Co., Ltd (South Korea), Diehl Stiftung & Co. KG (Germany), Cebi Group (Luxembourg), Dumore Motors (US), NMB (US), CG Power and Industrial Solutions Limited (India), Panasonic Corporation (Japan), Keli Motor Group Co., Ltd. (China), and Sanhua Aweco (Germany).
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Market Research Future (MRFR) is a global market research firm that takes great pleasure in its services, providing a detailed and reliable study of diverse industries and consumers worldwide. MRFR’s methodology integrates proprietary information with different data sources to provide the client with a comprehensive understanding of the current key trends, upcoming events, and the steps to be taken based on those aspects.
Our rapidly expanding market research company is assisted by a competent team of research analysts who provide useful analytics and data on technological and economic developments. Our deemed analysts make industrial visits and collect valuable information from influential market players. Our main goal is to keep our clients informed of new opportunities and challenges in various markets. We offer step-by-step assistance to our valued clients through strategic and consulting services to reach managerial and actionable decisions.
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Market Analysis The off-road high-performance vehicle market size will grow at a healthy CAGR between the forecast period 2017- 2023, states the recent off-road high-performance vehicle Market Research Future (MRFR) forecast.
On the contrary, high acquisition cost, enhanced power & torque output by rugged off-road vehicles, the presence of four-wheel drive systems, large tires, and complex drivetrains affecting the performance efficiency, and the on-going COVID-19 impact are factors that may deter the high-performance vehicle market size over the forecast period.
Various factors are propelling the global off-road high-performance vehicle market share.
According to the recent MRFR market estimates, such factors include the growing demand in mining, construction, and agriculture production, improving economic conditions, growth youth inclination towards motorsports activities, rising popularity of SSVs, growing sports and recreational activities, growing demand from the military, rapid growth in hunting activities, entertainment, and tourism, and growing urban population.
The growing need for high-performance cars due to high population, the drastic expansion of the manufacturing sector, speedy industrialization, increasing investments in the auto industry by potential manufacturers, increasing fleet & traffic, rise in automotive sales, deployment of new production facilities, upcoming commercial and passenger cars, rising expenditure, and high adoption of off-highway cars in India and China are adding to the global off-road high-performance vehicle market growth in the region.
Key Players Key contenders profiled in the global off-road high-performance vehicle market report include Summit Racing Equipment (U.S.), Extreme Offroad & Performance (U.S.), Stylin Trucks (U.S.), 4 Wheel Parts (U.S.), Zone Offroad (U.S.), Icon Vehicle Dynamics (U.S.), Wildcat (U.S.), and AEV Conversions (U.S.).
Laser welding machine Global Market – OverviewThe Global Laser welding machine Market is growing with the rapid pace.
The fiber lasers facilitate the effective delivery of light on the desired spot of the metal which is being welded as it does not need expensive optical mirrors and other moving parts such as a disk laser among others.
In this technology, the fiber laser light is amplified and channeled through a fiber optic cable.Request a Free Sample @ https://www.marketresearchfuture.com/sample_request/4240Key PlayersEmerson Electric Company (U.S.), IPG Photonics (U.S.), O.R.
The new GLX-3 laser welder incorporates advanced features, including Branson’s patented Simultaneous Thru-Transmission Infrared (STTIr) process, which heats, melts, and joins the entire weld line of two or more parts simultaneously.
Compared to scan or trace laser welding processes, which must travel the entire length of the weld line to accomplish heating, Branson’s STTIr results in a significantly faster weld cycle on large parts, and more precise melt of the weld line.May, 2017– IPG Photonics Corporation announced that it has acquired OptiGrate Corporation, a pioneer and leading manufacturer of the highest-quality chirped volume Bragg grating (VBG) technologies.
OptiGrate is a supplier to IPG, and as this relationship has deepened, the companies determined that there was a strong mutual benefit to joining together.“As the technology leader in volume Bragg gratings and thermo-refractive glass, OptiGrate will help IPG develop new leading-edge solutions and improve our current products and components” said Felix Stukalin, IPG’s Senior Vice President of North American Operations.
The factors that influence the demand for automotive chip are automotive-semiconductor sales growth, a booming automotive industry coupled with the increasing registration of new cars, and stringent government regulations regarding automotive safety and emission.
On the other hand, the major opportunities in the market are the increasing sales of hybrid and electric vehicles and the growing presence of auto-manufacturers in emerging economies.
The risk of operational failures might restrain the market growth.The global automotive chip market is estimated to register 12.87% CAGR during the forecast period, 2018–2023.
On the basis of propulsion, the ICE vehicle segment accounted for the larger market share of 95.57% in 2017, with a market value of USD 34,072.2 million; it is projected to exhibit 12.67% CAGR during the forecast period.The global automotive chip market is expected to grow by approximately 12.87% CAGR during the forecast period.
The growing demand for automotive semiconductor devices, especially for luxury and premium cars is expected to increase the need for automotive chips during the forecast period.
Moreover, the established players in the region are investing more to develop innovative products and enhance existing products, which opens new opportunities for global automotive manufacturers.
Market Highlights:According to MRFR, the Global Security Operation Center Market is slated to register a CAGR of 10.31% over the review period (2019–2025).An important factor boosting the SOC market is the increasing sophistication of cyberattacks.
Nonetheless, a factor that hinders its growth is the lack of reliability of third-party vendors.
Security operations centers are imperative to effectively detect cyber threats and identify existing vulnerabilities within the system.
Meanwhile, corporate initiatives like bring-your-own-device (BYOD) and bring-your-own-access (BYOA) to improve employee satisfaction and efficiency, often raise cyberattack risks.
The growing need for banking , financial services, and insurance (BFSI), IT and telecommunications, healthcare , manufacturing, and other vertical vital data security provides lucrative opportunities for key players on the global SOC market.
Competitive Dynamics:The Key Players include Secureworks Inc. (US), Capgemini SE (CAPMF), Cisco Systems Inc. (US), Symantec Corporation (US), Raytheon Company (US), Dark Matters Inc. (UAE), Netmagic Solutions (India), Digital Guardian (US), AT (US), Rapid7 (US), Alertlogic (US), F5 Networks Inc. (US), Fortinet Inc. (US), and Netdatavault (India).
Market Overview: InGaAs cameras are increasingly being used in a number of applications—military and defense being the major end user.
Covert military operations make use of shortwave infrared (SWIR) technology inbuilt InGaAs cameras as it makes them suitable for night vision or gaining visibility through atmospheric haze.
(Japan), Sensors Unlimited (US), FLIR Systems (US), First Sensor (Germany), Jenoptik AG (Germany), Xenics (Belgium), New Imaging Technologies (France), Teledyne Technologies (US), Allied Vision Technologies (Germany) and Lumentum (US).
The military & defense segment is expected to dominate the InGaAs camera market during the forecast period while the industrial automation segment is expected to grow at a high CAGR during the forecast period.Global InGaAs Camera Market – Regional AnalysisThe InGaAs camera market is estimated to grow at a significant rate during the forecast period from 2019 to 2024.
The geographical analysis of the InGaAs camera market is studied for North America, Europe, Asia-Pacific, and the rest of the world (including the Middle East, Africa, and Latin America).
Among the regions mentioned, North America is expected to hold a significant share of the InGaAs camera market during the forecast period followed by Europe.
