The World Market for Large Motors - 2009 Edition

Abstract

Report Summary

This report presents the world market for large motors, defined as medium voltage and high voltage motors with power ratings of at least 200kW. The study presents the total market by geographic region, industry sector, and various technical segmentations. The report uses 2008 as the base year, with forecasts provided through 2013 in terms of both revenues and unit shipments. An analysis of the competitive environment with market share estimates for the leading suppliers of large motors is also presented in the study.

Some of the key findings are:

• The World Market for large motors was estimated to be worth $3.5 billion in 2008, and is forecast to grow by a CAGR of nearly 2% to 2013.
• Sales of large motors are expected to contract by more than 15% in 2010 as a result of the global economic downturn.
• China, the US, and Western Europe are the biggest regional markets for large motors, together accounting for more that 60% of the global market in 2008.
• The metals, oil & natural gas, and power generation industries represented more than 56% of the total large motors market in 2008.
• Large motors with power ratings between 1.6 MW and 7.2 MW make up the biggest portion of the market with 35%, but those above 7.5MW are forecast to grow at the fastest rate.
• Asynchronous motors account for nearly 80% of the large motors market.

Features of this report include:

• Detailed statistical analysis in terms of both revenues and unit shipments.
• Market size estimates for 2008 and 2009, with growth forecasts to 2013.
• Total market splits by geographic region, industry sector, power rating, voltage, sales channel, and rotor structure.
• Discussion of average selling prices in the large motors market and their connection to commodity prices.
• Analysis of key market drivers and inhibitors, including the effects of the global economic downturn.
• Market shares of the leading suppliers to the global large motors market.