Global Synchronous Motors Market Research Report 2022

A synchronous motor is the same physical machine as a generator, except that the direction of real power flow is reversed.
Market Analysis and Insights: Global Synchronous Motors Market
Due to the COVID-19 pandemic, the global Synchronous Motors market size is estimated to be worth US$ 17100 million in 2022 and is forecast to a readjusted size of US$ 19430 million by 2028 with a CAGR of 2.2% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, Horizontal accounting for % of the Synchronous Motors global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Pumps segment is altered to an % CAGR throughout this forecast period.
Synchronous motors contain multiphase AC electromagnets on the stator of the motor that create a magnetic field which rotates in time with the oscillations of the line current. Synchronous motors are used to convert electrical power to mechanical power.
Global Synchronous Motors Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Synchronous Motors Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Horizontal
Vertical
Segment by Application
Pumps
Fans
Extruders
Conveyors
Compressors
Mixers
Others
By Company
ABB
Siemens
General Electric
Rockwell Automation
Toshiba
WEG
Bosch
Johnson Electric
Hitachi
Emerson Electric
Nidec
Arc Systems
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina