Industries are adopting Internet of Things (IoT) for industrial automation process. With IoT, smart motors can send condition data directly. Industries are adopting smart motor connectivity solution as it offers energy efficient system to preserve energy.
Increase in demand for motors with superior process control
across industries is a key driver of the global smart
motor connectivity solutions market. In addition, rising
importance on reducing downtime boosts the demand for smart motor connectivity
solutions. Smart motor connectivity solutions offer excellent machine control
and predictive maintenance and improves efficiency. These factors are expected
to augment the demand for smart motor connectivity solutions during the
projected period. Moreover, continuous technological advancements and
innovations in network connectivity are anticipated to boost their adoption
across end-users. However, high installation cost associated with network
infrastructure and devices are likely to hinder the growth of the market in the
near future.
Get PDF brochure for
Industrial Insights and business Intelligence @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=59271
The global smart motor connectivity solutions market can be
segmented based on motor type, connectivity type, application, and region.
Based on motor type, the market can be categorized into induction motor,
servomotor, DC motor, stepper motor, linear motor, spindle motor, and others
(special case motor). In terms of connectivity type, the global smart motor
connectivity solutions market can be spilt into wireless and wired
connectivity. The wireless connectivity segment can be further categorized into
Bluetooth, Wi-Fi, Zig-Bee, Z-Wave, Li-Fi, and others. Wireless connectivity
dominated the connectivity type segment in 2018, which is expected to continue
during the forecast period. Wireless connectivity reduces the time and
obstacles associated with cables as it does not involve the use of wires for
data or voice communication. Moreover, rapid adoption of wireless devices, such
as mobiles and smartphone, PCs/Desktops/Notebooks, satellite receivers,
laptops, personal digital assistants (PDAs), wireless sensors, etc. further
boost the demand for wireless connectivity. In terms of application, the global
smart motor connectivity solutions market can be divided into oil & gas,
mining, manufacturing, construction, energy & utilities, aerospace &
defense transportation, and others (consumer electronics, etc.). The
manufacturing application segment can be further classified into discrete
manufacturing and process manufacturing. The segment is expected to expand at a
significant CAGR during the forecast period.
Providers of smart motor connectivity solutions offer a wide
range of solutions and services, such as periodic maintenance, services,
repairs, and upgrade of solutions for maintenance of smart motors. Key
companies operating in the global smart motor connectivity solutions market are
Rockwell
Automation, Inc. Moog, Inc., Technosphere Labs Pvt Ltd, Fuji Electric Co. Ltd,
Avnet, Inc., ABB Ltd., General Electric (the U.S.), Siemens AG, Schneider
Electric SE (France), Technosoft SA, RobotShop, Inc., and TE Connectivity.
The report offers a comprehensive evaluation of the market.
It does so via in-depth qualitative insights, historical data, and verifiable
projections about market size. The projections featured in the report have been
derived using proven research methodologies and assumptions. By doing so, the
research report serves as a repository of analysis and information for every
facet of the market, including but not limited to: Regional markets,
technology, types, and applications.
The study is a source of reliable data on:
- Market
segments and sub-segments
- Market
trends and dynamics
- Supply
and demand
- Market
size
- Current
trends/opportunities/challenges
- Competitive
landscape
- Technological
breakthroughs
- Value
chain and stakeholder analysis
The regional analysis covers:
- North
America (U.S. and Canada)
- Latin
America (Mexico, Brazil, Peru, Chile, and others)
- Western
Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium,
Netherlands, and Luxembourg)
- Eastern
Europe (Poland and Russia)
- Asia
Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle
East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary
research (through interviews, surveys, and observations of seasoned analysts)
and secondary research (which entails reputable paid sources, trade journals,
and industry body databases). The report also features a complete qualitative
and quantitative assessment by analyzing data gathered from industry analysts
and market participants across key points in the industry’s value chain.
Purchase our Premium
Research Report at: https://www.transparencymarketresearch.com/checkout.php?rep_id=59271<ype=S
A separate analysis of prevailing trends in the parent
market, macro- and micro-economic indicators, and regulations and mandates is
included under the purview of the study. By doing so, the report projects the
attractiveness of each major segment over the forecast period.
Highlights of the report:
- A
complete backdrop analysis, which includes an assessment of the parent
market
- Important
changes in market dynamics
- Market
segmentation up to the second or third level
- Historical,
current, and projected size of the market from the standpoint of both
value and volume
- Reporting
and evaluation of recent industry developments
- Market
shares and strategies of key players
- Emerging
niche segments and regional markets
- An
objective assessment of the trajectory of the market
- Recommendations
to companies for strengthening their foothold in the market
About Us
TMR has a
track record to provide ace market research solutions that has earned us the
trust of our clients for their business intelligence needs. Serving 13 industry
verticals with a database of over 1,000 reports and 1 million + data points,
our expanse to provide market research solutions is exceptional. We deep dive
for a thorough understanding of the subject, gather precise information, and
then analyze it to present solutions that are par excellence.
Contact:
90 State
Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
Email: sales@transparencymarketresearch.com
Website: https://www.transparencymarketresearch.com
No comments:
Post a Comment