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(Transportation-News.com, November 29, 2016 ) Globalization has encouraged the use of advanced automation techniques and energy-saving equipment worldwide, leading to increased adoption of low-power AC drives and motors. These drives and motors are used across the discrete, process, and infrastructure industries such as chemical, oil and gas, building automation, food and beverage, textile, utility, metal, and water and wastewater. Publisher's analysts forecast the global motors and drives market in process industries to grow at a CAGR of 7% during the period 2016-2020.
For more information about this report: http://www.reportsweb.com/global-motors-and-drives-market-in-process-industries-2016-2020 Covered in this report The report covers the present scenario and the growth prospects of the global motors and drives market in process industries 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of motors and drives majorly for compressors, elevators and lifts, fans, pumps, and conveyors.
The market is divided into the following segments based on geography: - Americas - APAC - EMEA
Publisher's report, Global Motors and Drives Market in Process Industries 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. Request Sample Copy at http://www.reportsweb.com/inquiry&RW0001303191/sample
Key vendors - ABB - Danfoss - Rockwell Automation - Siemens - WEG Other prominent vendors - ARC Systems - Asmo - Emerson CT - Franklin Electric - Fuji Electric - GE - Huali - KEB - Nidec - Schneider Electric - SEW Eurodrive - TECO-Westinghouse - Toshiba - Yaskawa Market driver - Advanced refrigerated food processing - For a full, detailed list, view our report
Market challenge - Dominance of unorganized sector - For a full, detailed list, view our report
Market trend - Rising IEC motors demand - For a full, detailed list, view our report
Inquire for Report at http://www.reportsweb.com/inquiry&RW0001303191/buying .
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