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News Release from: IMS Research | Subject: Induction motor market
Edited by the Manufacturingtalk Editorial
Team on 06 August 2004
Induction motor market weathers
industrial storm
The worldwide induction motor market is one of the most stable industrial end-equipment markets and their contribution to factory automation systems should not be understated.
While induction motors may not be the industrial sector's most glamorous or inspiring of products, their contribution to factory automation systems should not be understated These workhorses of industry, maintaining their traditional design architecture, continue to be a sizeable market
This article was originally published on Manufacturingtalk on 31 Jan 2003 at 8.00am (UK)
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The worldwide induction motor market is one of the most stable industrial end-equipment markets.
Even during the last two years, which have represented a highly difficult period for many other product markets, the number of motors shipped has been very stable, with the EMEA market only losing around 2.5% of its value.
An important factor that contributes to this market's overall robustness is the high proportion of motors that are shipped each year for replacement.
This largely insulates the market from the ups and downs of the industrial machinery market segments, which are the primary drivers of growth for all industrial end-equipment.
Large IEC frame motors, which include frame sizes IEC 80 to IEC 500, account for the lion's share of market revenue and over the next five years is expected to remain the primary revenue contributor.
About IMS Research IMS Research is a specialist supplier of market research and consultancy services on global electronics markets.
Information from IMS Research is used by major companies worldwide to assess market trends, solve marketing problems, and improve the efficiency of their businesses.
IMS Research is an international company, selling in more than 35 countries around the world and supported by offices in Wellingborough, UK and Austin, Texas.
IMS Research regularly publishes detailed research on industrial automation and mechatronics related markets, including motors, drives, PLCs and factory communications.
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