Global Intelligent Motor Controllers Strategic Business Report 2023: Sector is Expected to Reach $1 Billion by 2030


Dublin, Nov. 03, 2023 (GLOBE NEWSWIRE) -- The "Intelligent Motor Controllers - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

The global market for Intelligent Motor Controllers estimated at US$680.9 Million in the year 2022, is projected to reach a revised size of US$1 Billion by 2030, growing at a CAGR of 5.4% over the analysis period 2022-2030.

AC, one of the segments analyzed in the report, is projected to record 5.5% CAGR and reach US$657.7 Million by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the DC segment is readjusted to a revised 5.9% CAGR for the next 8-year period.



The U.S. Market is Estimated at $204.5 Million, While China is Forecast to Grow at 5.2% CAGR

The Intelligent Motor Controllers market in the U.S. is estimated at US$204.5 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$183 Million by the year 2030 trailing a CAGR of 5.2% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 5.1% and 4.6% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 5.2% CAGR.

Select Competitors (Total 11 Featured) -

  • ABB Group
  • Fairford Electronics Ltd.
  • General Electric Company
  • Larsen & Toubro Ltd.
  • LSIS Co., Ltd.
  • Mitsubishi Electric Corporation
  • Nanotec Electronic GmbH & Co. KG
  • NXP Semiconductors NV
  • Roboteq Inc.
  • Rockwell Automation, Inc.
  • Schneider Electric SA
  • Siemens AG

What's New?

  • Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and Research Platform
  • Complimentary updates for one year

Key Attributes:

Report AttributeDetails
No. of Pages208
Forecast Period2022 - 2030
Estimated Market Value (USD) in 2022$680.9 Million
Forecasted Market Value (USD) by 2030$1000 Million
Compound Annual Growth Rate4.9%
Regions CoveredGlobal

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Influencer Market Insights
  • World Market Trajectories
  • Intelligent Motor Controllers - Global Key Competitors Percentage Market Share in 2022 (E)
  • Impact of Covid-19 and a Looming Global Recession
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/pjonl8

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Global Market for Intelligent Motor Controllers

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