Market Overview:
The Asia Pacific induction motor market is expected to exhibit strong growth during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.
An induction motor refers to an AC electric motor that uses the magnetic field of the stator winding to produce an electrical current in the rotor. It is also known as an asynchronous motor and provides torque via electromagnetic induction. The induction motor can be prepared without electrical connections to the rotor. In recent years, induction motors have gained immense traction as they offer various advantages, which include ease of operation in different environmental conditions, high starting torque, speed variation, and durability.
The Asia Pacific induction motor market is primarily driven by the rising demand for consumer electronics such as air conditioners, washing machines, dishwashers and hair dryers. The market is further propelled by the unique robustness of the induction motor, which makes it a suitable choice for the manufacturing and automotive industries. Its ability to work under varying climatic conditions is another major factor that is driving its demand. Moreover, with induction motors consuming significantly lesser energy compared to conventional engines, they represent a better alternative for the environment. As a result, with the growing environmental concerns, there has been an escalated demand for electric vehicles, which, in turn, is driving the market growth.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the Asia Pacific induction motor market, along with forecasts at the regional and country level from 2021-2026. Our report has categorized the market based on product type and end use sector.
Breakup by Product Type:
- Single Phase Induction Motor
- Three Phase Induction Motor
Breakup by End Use Sector:
- Industrial
- Commercial
- Residential
Breakup by Country:
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Report Coverage:
| Report Features |
Details |
|---|
| Base Year of the Analysis |
2020 |
| Historical Period |
2015-2020 |
| Forecast Period |
2021-2026 |
| Units |
US$ Million |
| Segment Coverage |
Product Type, End Use Sector, Country |
| Countries Covered |
China, Japan, India, South Korea, Australia, Indonesia, Others |
| Customization Scope |
10% Free Customization |
| Report Price and Purchase Option |
Single User License $ 2499
Five User License $ 2999
Corporate License $ 3999 |
| Post-Sale Analyst Support |
10-12 Weeks |
| Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
- How has the Asia Pacific induction motor market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the Asia Pacific induction motor market?
- What are the key regional markets?
- What is the breakup of the market based on the product type?
- What is the breakup of the market based on the end use sector?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the Asia Pacific induction motor market and who are the key players?
- What is the degree of competition in the industry?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Asia Pacific Induction Motor Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Product Type
6.1 Single Phase Induction Motor
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Three Phase Induction Motor
6.2.1 Market Trends
6.2.2 Market Forecast
7 Market Breakup by End Use Sector
7.1 Industrial
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Commercial
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Residential
7.3.1 Market Trends
7.3.2 Market Forecast
8 Market Breakup by Country
8.1 China
8.1.1 Market Trends
8.1.2 Market Breakup by Product Type
8.1.3 Market Breakup by End Use Sector
8.1.4 Market Forecast
8.2 Japan
8.2.1 Market Trends
8.2.2 Market Breakup by Product Type
8.2.3 Market Breakup by End Use Sector
8.2.4 Market Forecast
8.3 India
8.3.1 Market Trends
8.3.2 Market Breakup by Product Type
8.3.3 Market Breakup by End Use Sector
8.3.4 Market Forecast
8.4 South Korea
8.4.1 Market Trends
8.4.2 Market Breakup by Product Type
8.4.3 Market Breakup by End Use Sector
8.4.4 Market Forecast
8.5 Australia
8.5.1 Market Trends
8.5.2 Market Breakup by Product Type
8.5.3 Market Breakup by End Use Sector
8.5.4 Market Forecast
8.6 Indonesia
8.6.1 Market Trends
8.6.2 Market Breakup by Product Type
8.6.3 Market Breakup by End Use Sector
8.6.4 Market Forecast
8.7 Others
8.7.1 Market Trends
8.7.2 Market Breakup by Product Type
8.7.3 Market Breakup by End Use Sector
8.7.4 Market Forecast
9 SWOT Analysis
9.1 Overview
9.2 Strengths
9.3 Weaknesses
9.4 Opportunities
9.5 Threats
10 Value Chain Analysis
11 Porters Five Forces Analysis
11.1 Overview
11.2 Bargaining Power of Buyers
11.3 Bargaining Power of Suppliers
11.4 Degree of Competition
11.5 Threat of New Entrants
11.6 Threat of Substitutes
12 Price Analysis
13 Policy and Regulatory Landscape
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
List of Figures
Figure 1: Asia Pacific: Induction Motor Market: Major Drivers and Challenges
Figure 2: Asia Pacific: Induction Motor Market: Sales Value (in Million US$), 2015-2020
Figure 3: Asia Pacific: Induction Motor Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 4: Asia Pacific: Induction Motor Market: Breakup by Product Type (in %), 2020
Figure 5: Asia Pacific: Induction Motor Market: Breakup by End Use Sector (in %), 2020
Figure 6: Asia Pacific: Induction Motor Market: Breakup by Country (in %), 2020
Figure 7: Asia Pacific: Induction Motor (Single Phase Induction Motor) Market: Sales Value (in Million US$), 2015 & 2020
Figure 8: Asia Pacific: Induction Motor (Single Phase Induction Motor) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 9: Asia Pacific: Induction Motor (Three Phase Induction Motor) Market: Sales Value (in Million US$), 2015 & 2020
Figure 10: Asia Pacific: Induction Motor (Three Phase Induction Motor) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 11: Asia Pacific: Induction Motor (Industrial) Market: Sales Value (in Million US$), 2015 & 2020
Figure 12: Asia Pacific: Induction Motor (Industrial) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 13: Asia Pacific: Induction Motor (Commercial) Market: Sales Value (in Million US$), 2015 & 2020
Figure 14: Asia Pacific: Induction Motor (Commercial) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 15: Asia Pacific: Induction Motor (Residential) Market: Sales Value (in Million US$), 2015 & 2020
Figure 16: Asia Pacific: Induction Motor (Residential) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 17: China: Induction Motor Market: Sales Value (in Million US$), 2015 & 2020
Figure 18: China: Induction Motor Market: Breakup by Product Type (in %), 2020
Figure 19: China: Induction Motor Market: Breakup by End Use Sector (in %), 2020
Figure 20: China: Induction Motor Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 21: Japan: Induction Motor Market: Sales Value (in Million US$), 2015 & 2020
Figure 22: Japan: Induction Motor Market: Breakup by Product Type (in %), 2020
Figure 23: Japan: Induction Motor Market: Breakup by End Use Sector (in %), 2020
Figure 24: Japan: Induction Motor Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 25: India: Induction Motor Market: Sales Value (in Million US$), 2015 & 2020
Figure 26: India: Induction Motor Market: Breakup by Product Type (in %), 2020
Figure 27: India: Induction Motor Market: Breakup by End Use Sector (in %), 2020
Figure 28: India: Induction Motor Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 29: South Korea: Induction Motor Market: Sales Value (in Million US$), 2015 & 2020
Figure 30: South Korea: Induction Motor Market: Breakup by Product Type (in %), 2020
Figure 31: South Korea: Induction Motor Market: Breakup by End Use Sector (in %), 2020
Figure 32: South Korea: Induction Motor Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 33: Australia: Induction Motor Market: Sales Value (in Million US$), 2015 & 2020
Figure 34: Australia: Induction Motor Market: Breakup by Product Type (in %), 2020
Figure 35: Australia: Induction Motor Market: Breakup by End Use Sector (in %), 2020
Figure 36: Australia: Induction Motor Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 37: Indonesia: Induction Motor Market: Sales Value (in Million US$), 2015 & 2020
Figure 38: Indonesia: Induction Motor Market: Breakup by Product Type (in %), 2020
Figure 39: Indonesia: Induction Motor Market: Breakup by End Use Sector (in %), 2020
Figure 40: Indonesia: Induction Motor Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 41: Others: Induction Motor Market: Sales Value (in Million US$), 2015 & 2020
Figure 42: Others: Induction Motor Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 43: Asia Pacific: Induction Motor Industry: SWOT Analysis
Figure 44: Asia Pacific: Induction Motor Industry: Value Chain Analysis
Figure 45: Asia Pacific: Induction Motor Industry: Porter’s Five Forces Analysis
List of Tables
Table 1: Asia Pacific: Induction Motor Market: Key Industry Highlights, 2020 and 2026
Table 2: Asia Pacific: Induction Motor Market Forecast: Breakup by Product Type (in Million US$), 2021-2026
Table 3: Asia Pacific: Induction Motor Market Forecast: Breakup by End Use Sector (in Million US$), 2021-2026
Table 4: Asia Pacific: Induction Motor Market Forecast: Breakup by Country (in Million US$), 2021-2026
Table 5: Asia Pacific: Induction Motor Market: Competitive Structure
Table 6: Asia Pacific: Induction Motor Market: Key Players