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Smart Motors Market by Component (VSD, MCC, Motor), by Application (Industrial, Commercial, Automotive, Consumer Electronics, and Aerospace & Defense) and Geography - Analysis & Forecast to 2020

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The global market for smart motors is expected to grow at a CAGR of 6.19% between 2015 and 2020 from USD 989.0 million in 2014 to USD 1.38 billion by 2020. The market is expected to be driven by the growing focus on using less on-site and wiring space, and the necessity to reduce costs while increasing the overall effectiveness of the equipment.

Application in the industrial sector is expected to be the fastest-growing market

The industrial sector accounted for the largest application segment for smart motors in 2014 and is expected to hold the largest share during the forecast period. Smart motors prove to be beneficial over conventional motors as they provide energy efficiency, reduce the cabling required for installation, and allow flexible operations for the users. Considering such advantages, the rate of installations of smart motors in industrial and manufacturing plants would lead to a rapid market growth between 2015 and 2020, especially in the Americas and Asia-Pacific.


The Americas and Asia-Pacific are major markets The Americas accounted for the largest share of the global smart motors market in 2014 because of advanced infrastructure and various energy conservation measures adopted by the region. Asia-Pacific accounted for the second-largest market share in 2014 and is expected to surpass the American smart motors market by 2018. Consumer electronics, semiconductor, and manufacturing industries in China, India, and Japan prefer smart motors for low-power applications, over other conventional motors. With the increase in the demand for smart motors in these countries, Asia-Pacific is estimated to be the fastest-growing market for smart motors.

In the process of determining and verifying the market size for several segments and sub-segments gathered through the secondary research, extensive primary interviews were conducted with key people in the smart motor industry. The break-up of primary participants for the report is shown below:

• By Company type – Tier 1– 55%, Tier 2 – 20%, and Tier 3 – 25%
• By Designation – C-level – 43%, Manager level – 32%, and others – 25%
• By Region – The Americas – 30%, Europe – 20%, Asia-Pacific – 40%, and RoW – 10%

The report profiles key players in the smart motors market with their respective market share analysis. The prominent players profiled in this report are Rockwell Automation, Inc. (U.S.), Moog, Inc. (U.S.), Fuji Electric Co. Ltd. (Japan), ABB Ltd. (Switzerland), General Electric (U.S.), Siemens AG (Germany), Schneider Electric SE (France), Technosoft SA (Switzerland), RobotShop, Inc. (Quebec), and Robeteq, Inc. (U.S.).
The report will help leaders/new entrants in this market in the following ways:

1. This report segments the smart motors market comprehensively and provides the closest market size projection for all sub-segments across different verticals and regions.
2. The report helps stakeholders understand the pulse of the market and provides them with the information on key drivers, restraints, challenges, and opportunities for market growth.
3. This report would help stakeholders better understand a competitor and gain more insights to improve their position in the business. The competitive landscape section includes competitor ecosystem, new product developments, partnerships, and mergers & acquisitions. 

 1 INTRODUCTION 12
 1.1 OBJECTIVES OF THE STUDY 12
 1.2 MARKET DEFINITION 12
 1.3 MARKET SCOPE 13
 1.3.1 MARKETS COVERED 13
 1.4 CURRENCY 14
 1.5 LIMITATION 14
 1.6 STAKEHOLDERS 14
 2 RESEARCH DESIGN 15
 2.1 MARKET SIZE ESTIMATION 17
 2.1.1 BOTTOM-UP APPROACH 17
 2.1.2 TOP-DOWN APPROACH 18
 2.2 MARKET BREAKDOWN AND DATA TRANGULATION 18
 2.3 MARKET SHARE ESTIMATION 20
 2.3.1 KEY DATA FROM SECONDARY SOURCES 20
 2.3.2 KEY DATA FROM PRIMARY SOURCES 21
 2.4 ASSUMPTIONS 22
 3 EXECUTIVE SUMMARY 23
 4 PREMIUM INSIGHTS 27
 4.1 OPPORTUNITIES IN THE SMART MOTORS MARKET 27
 4.2 SMART MOTORS MARKET—TOP APPLICATION SEGMENTS 27
 4.3 SMART MOTORS MARKET BASED ON GEOGRAPHY 28
 4.4 APAC TO DOMINATE THE SMART MOTORS MARKET 28
 4.5 GLOBAL SMART MOTORS MARKET SIZE BASED ON COMPONENT (2014, 2015, AND 2020) 29
 5 MARKET OVERVIEW 30
 5.1 INTRODUCTION 31
 5.2 MARKET SEGMENTATION 31
 5.2.1 BY COMPONENT 31
 5.2.2 BY APPLICATION 31
 5.3 MARKET DYNAMICS 33
 5.3.1 DRIVERS 33
 5.3.1.1 Requirement of less onsite and wiring space 33
 5.3.1.2 Cost reduction while increasing the effectiveness of the equipment 34
 5.3.2 RESTRAINTS 34
 5.3.2.1 Low rate of adoption 34
 5.3.2.2 Additional considerations for variable frequency drives (VFD) 34
 5.3.3 OPPORTUNITIES 35
 5.3.3.1 Increasing scope in the industrial sector 35
 5.3.3.2 Increasing application areas of smart motors 35
 5.3.4 CHALLENGES 35
 5.3.4.1 Tedious fault detection techniques 35
 6 INDUSTRY TRENDS 36
 6.1 INTRODUCTION 36
 6.2 VALUE CHAIN ANALYSIS 36
 6.3 PORTER’S ANALYSIS 37
 6.3.1 THREAT OF NEW ENTRANTS 38
 6.3.2 THREAT OF SUBSTITUTES 38
 6.3.3 BARGAINING POWER OF SUPPLIERS 39
 6.3.4 BARGAINING POWER OF BUYERS 40
 6.3.5 INTENSITY OF COMPETITIVE RIVALRY 40
 7 MARKET, BY COMPONENT 42
 7.1 INTRODUCTION 43
 7.2 VARIABLE SPEED DRIVE 43
 7.3 MOTOR CONTROL CENTER 46
 7.4 MOTOR 48
 8 MARKET, BY APPLICATION 51
 8.1 INTRODUCTION 52
 8.2 INDUSTRIAL 53
 8.3 COMMERCIAL 55
 8.4 AUTOMOTIVE 58
 8.5 CONSUMER ELECTRONICS 60
 8.6 AEROSPACE & DEFENSE 63
 9 MARKET, BY GEOGRAPHY 66
 9.1 INTRODUCTION 67
 9.2 AMERICAS 69
 9.2.1 NORTH AMERICA 70
 9.2.2 SOUTH AMERICA 71
 9.3 EUROPE 72
 9.3.1 U.K. 73
 9.3.2 GERMANY 73
 9.3.3 FRANCE 74
 9.3.4 REST OF EUROPE (ROE) 74
 9.4 ASIA-PACIFIC 75
 9.4.1 CHINA 77
 9.4.2 JAPAN 77
 9.4.3 INDIA 78
 9.4.4 ROAPAC 78
 9.5 REST OF THE WORLD (ROW) 79
 9.5.1 MIDDLE EAST 80
 9.5.2 AFRICA 80
 10 COMPETITIVE LANDSCAPE 81
 10.1 OVERVIEW 81
 10.2 MARKET SHARE ANALYSIS, SMART MOTORS MARKET 82
 10.3 COMPETITIVE SITUATIONS AND TRENDS 83
 10.3.1 NEW PRODUCT LAUNCHES 83
 11 COMPANY PROFILES 84
 (Business Overview, Products & Services, Key Insights, Recent Developments, SWOT Analysis, MnM View)*
 11.1 ROCKWELL AUTOMATION, INC. 84
 11.2 MOOG ANIMATICS 87
 11.3 GENERAL ELECTRIC CO. 90
 11.4 ABB LTD. 93
 11.5 SIEMENS AG 96
 11.6 FUJI ELECTRIC CO. LTD. 98
 11.7 SCHNEIDER ELECTRIC SE 99
 11.8 ROBOTEQ, INC. 101
 11.9 TECHNOSOFT SA 103
 11.10 ROBOTSHOP, INC. 105
 *Details on Business Overview, Products & Services, Key Insights, Recent Developments, SWOT Analysis, MnM View might not be captured in case of unlisted companies.
 12 APPENDIX 106
 12.1 INSIGHTS OF INDUSTRY EXPERTS 106
 12.2 DISCUSSION GUIDE 107
 12.3 INTRODUCING RT: REAL TIME MARKET INTELLIGENCE 109
 12.4 AVAILABLE CUSTOMIZATIONS 111
 12.5 RELATED REPORTS 112


List Of Tables

 TABLE 1 CURRENCY TABLE 14
 TABLE 2 GLOBAL SMART MOTORS MARKET SIZE, BY COMPONENT,
 2013–2020 (USD MILLION) 23
 TABLE 3 AMERICAS:SMART MOTORS MARKET SIZE, BY APPLICATION,
 2013–2020 (USD MILLION) 25
 TABLE 4 NORTH AMERICAS: SMART MOTORS MARKET SIZE, BY APPLICATION,
 2013–2020 (USD MILLION) 26
 TABLE 5 SOUTH AMERICAS: SMART MOTORS MARKET SIZE, BY APPLICATION,
 2013-2020 (USD MILLION) 26
 TABLE 6 DRIVER ANALYSIS 34
 TABLE 7 RESTRAINT ANALYSIS 35
 TABLE 8 SMART MOTORS MARKET, BY COMPONENT, 2013–2020 (USD MILLION) 43
 TABLE 9 VSD: SMART MOTORS MARKET , BY GEOGRAPHY, 2013–2020 (USD MILLION) 44
 TABLE 10 VSD: SMART MOTORS MARKET IN THE AMERICAS, BY REGION,
 2013–2020 (USD MILLION) 44
 TABLE 11 VSD: SMART MOTORS MARKET IN EUROPE, BY GEOGRAPHY,
 2013–2020 (USD MILLION) 45
 TABLE 12 VSD: SMART MOTORS MARKET IN APAC, BY GEOGRAPHY,
 2013–2020 (USD MILLION) 45
 TABLE 13 VSD: SMART MOTORS MARKET IN ROW, BY REGION, 2013–2020 (USD MILLION) 45
 TABLE 14 MCC: SMART MOTORS MARKET, BY REGION, 2013–2020 (USD MILLION) 46
 TABLE 15 MCC: SMART MOTORS MARKET IN THE AMERICAS , BY REGION,
 2013–2020 (USD MILLION) 47
 TABLE 16 MCC: SMART MOTORS MARKET IN EUROPE, BY GEOGRAPHY,
 2013–2020 (USD MILLION) 47
 TABLE 17 MCC: SMART MOTORS MARKET IN APAC , BY GEOGRAPHY,
 2013–2020 (USD MILLION) 47
 TABLE 18 MCC: SMART MOTORS MARKET IN ROW , BY REGION, 2013–2020 (USD MILLION) 48
 TABLE 19 MOTOR: SMART MOTORS MARKET , BY REGION, 2013–2020 (USD MILLION) 48
 TABLE 20 MOTOR: SMART MOTORS MARKET IN THE AMERICAS , BY REGION,
 2013–2020 (USD MILLION) 49
 TABLE 21 MOTOR: SMART MOTORS MARKET IN EUROPE, BY GEOGRAPHY,
 2013–2020 (USD MILLION) 49
 TABLE 22 MOTOR: SMART MOTORS MARKET IN APAC, BY GEOGRAPHY,
 2013–2020 (USD MILLION) 50
 TABLE 23 MOTOR: SMART MOTORS MARKET IN ROW, BY REGION,
 2013–2020 (USD MILLION) 50
 TABLE 24 SMART MOTORS MARKET SIZE, BY APPLICATION, 2013-2020 (USD MILLION) 52
 TABLE 25 INDUSTRIAL MARKET SIZE, BY GEOGRAPHY, 2013–2020 (USD MILLION) 53
 TABLE 26 AMERICAS: SMART MOTORS MARKET SIZE FOR INDUSTRIAL APPLICATION,
 BY REGION, 2013–2020 (USD MILLION) 54
 TABLE 27 EUROPE: SMART MOTORS MARKET SIZE FOR THE INDUSTRIAL APPLICATION,
 BY GEOGRAPHY, 2013–2020 (USD MILLION) 54
 TABLE 28 APAC: SMART MOTORS MARKET SIZE FOR THE INDUSTRIAL APPLICATION,
 BY GEOGRAPHY, 2013–2020 (USD MILLION) 55
 TABLE 29 ROW: SMART MOTORS MARKET SIZE FOR THE INDUSTRIAL APPLICATION,
 BY REGION, 2013–2020 (USD MILLION) 55
 TABLE 30 SMART MOTORS MARKET SIZE FOR THE COMMERCIAL APPLICATION, BY REGION, 2013–2020 (USD MILLION) 56
 TABLE 31 AMERICAS: SMART MOTORS MARKET SIZE FOR THE COMMERCIAL APPLICATION, BY REGION, 2013-2020 (USD MILLION) 57
 TABLE 32 EUROPE: SMART MOTORS MARKET SIZE FOR THE COMMERCIAL APPLICATION,
 BY GEOGRAPHY, 2013–2020 (USD MILLION) 57
 TABLE 33 APAC: SMART MOTORS MARKET SIZE FOR THE COMMERCIAL APPLICATION,
 BY GEOGRAPHY, 2013–2020 (USD MILLION) 57
 TABLE 34 ROW: SMART MOTORS MARKET SIZE FOR THE COMMERCIAL APPLICATION,
 BY REGION, 2013–2020 (USD MILLION) 58
 TABLE 35 SMART MOTORS MARKET SIZE FOR THE AUTOMOTIVE APPLICATION, BY REGION, 2013–2020 (USD MILLION) 59
 TABLE 36 AMERICAS: SMART MOTORS MARKET SIZE FOR THE AUTOMOTIVE APPLICATION,
 BY REGION, 2013–2020 (USD MILLION) 59
 TABLE 37 EUROPE: SMART MOTORS MARKET SIZE FOR THE AUTOMOTIVE APPLICATION,
 BY GEOGRAPHY, 2013–2020 (USD MILLION) 59
 TABLE 38 APAC: SMART MOTORS MARKET SIZE FOR THE AUTOMOTIVE APPLICATION,
 BY GEOGRAPHY, 2013–2020 (USD MILLION) 60
 TABLE 39 ROW: SMART MOTORS MARKET SIZE FOR THE AUTOMOTIVE APPLICATION,
 BY REGION, 2013–2020 (USD MILLION) 60
 TABLE 40 SMART MOTORS MARKET SIZE FOR THE CONSUMER ELECTRONICS APPLICATION, BY REGION, 2013–2020 (USD MILLION) 61
 TABLE 41 AMERICAS: SMART MOTORS MARKET SIZE FOR THE CONSUMER ELECTRONICS APPLICATION, BY REGION, 2013–2020 (USD MILLION) 61
 TABLE 42 EUROPE: SMART MOTORS MARKET SIZE FOR THE CONSUMER ELECTRONICS APPLICATION, BY GEOGRAPHY, 2013–2020 (USD MILLION) 62
 TABLE 43 APAC: SMART MOTORS MARKET SIZE FOR THE CONSUMER ELECTRONICS APPLICATION, BY GEOGRAPHY, 2013–2020 (USD MILLION) 62
 TABLE 44 ROW: SMART MOTORS MARKET SIZE FOR THE CONSUMER ELECTRONICS APPLICATION, BY REGION, 2013–2020 (USD MILLION) 62
 TABLE 45 SMART MOTORS MARKET SIZE FOR THE AEROSPACE & DEFENSE APPLICATION,
 BY REGION, 2013–2020 (USD MILLION) 63
 TABLE 46 AMERICAS: SMART MOTORS MARKET SIZE FOR THE AEROSPACE & DEFENSE APPLICATION, BY REGION, 2013–2020 (USD MILLION) 64
 TABLE 47 EUROPE: SMART MOTORS MARKET SIZE FOR THE AEROSPACE & DEFENSE APPLICATION, BY GEOGRAPHY, 2013–2020 (USD MILLION) 64
 TABLE 48 APAC: SMART MOTORS MARKET SIZE FOR THE AEROSPACE & DEFENSE APPLICATION, BY REGION, 2013–2020 (USD MILLION) 64
 TABLE 49 ROW: SMART MOTORS MARKET SIZE FOR THE AEROSPACE & DEFENSE APPLICATION, BY GEOGRAPHY, 2013–2020 (USD MILLION) 65
 TABLE 50 SMART MOTORS MARKET SIZE, BY REGION, 2013–2020 (USD MILLION) 67
 TABLE 51 AMERICAS: SMART MOTORS MARKET SIZE, BY REGION,
 2013–2020 (USD MILLION) 70
 TABLE 52 AMERICAS: SMART MOTORS MARKET SIZE, BY APPLICATION,
 2013–2020 (USD MILLION) 70
 TABLE 53 NORTH AMERICA: SMART MOTORS MARKET SIZE, BY APPLICATION,
 2013–2020 (USD MILLION) 71
 TABLE 54 SOUTH AMERICA: SMART MOTORS MARKET SIZE, BY APPLICATION,
 2013–2020 (USD MILLION) 71
 TABLE 55 EUROPE: SMART MOTORS MARKET SIZE, BY GEOGRAPHY,
 2013–2020 (USD MILLION) 72
 TABLE 56 EUROPE: SMART MOTORS MARKET SIZE, BY APPLICATION,
 2013–2020 (USD MILLION) 72
 TABLE 57 U.K: SMART MOTORS MARKET SIZE, BY APPLICATION, 2013–2020 (USD MILLION) 73
 TABLE 58 GERMANY: SMART MOTORS MARKET SIZE, BY APPLICATION,
 2013–2020 (USD MILLION) 73
 TABLE 59 FRANCE: SMART MOTORS MARKET SIZE, BY APPLICATION,
 2013–2020 (USD MILLION) 74
 TABLE 60 ROE: SMART MOTORS MARKET SIZE, BY APPLICATION, 2013–2020 (USD MILLION) 74
 TABLE 61 APAC: SMART MOTORS MARKET SIZE, BY GEOGRAPHY,
 2013–2020 (USD MILLION) 76
 TABLE 62 APAC: SMART MOTORS MARKET SIZE, BY APPLICATION,
 2013–2020 (USD MILLION) 76
 TABLE 63 CHINA: SMART MOTORS MARKET SIZE, BY APPLICATION,
 2013–2020 (USD MILLION) 77
 TABLE 64 JAPAN: SMART MOTORS MARKET SIZE, BY APPLICATION,
 2013–2020 (USD MILLION) 77
 TABLE 65 INDIA: SMART MOTORMARKET SIZE, BY APPLICATION, 2013–2020 (USD MILLION) 78
 TABLE 66 ROAPAC: SMART MOTORS MARKET SIZE, BY APPLICATION,
 2013–2020 (USD MILLION) 78
 TABLE 67 ROW: SMART MOTORS MARKET SIZE, BY REGION, 2013–2020 (USD MILLION) 79
 TABLE 68 ROW: SMART MOTORS MARKET SIZE, BY APPLICATION,
 2013–2020 (USD MILLION) 79
 TABLE 69 MIDDLE EAST: SMART MOTORS MARKET SIZE, BY APPLICATION,
 2013–2020 (USD MILLION) 80
 TABLE 70 AFRICA: SMART MOTORS MARKET SIZE, BY APPLICATION,
 2013–2020 (USD MILLION) 80
 TABLE 71 GLOBAL SMART MOTORS MARKET RANKING, BY KEY PLAYER, 2014 82
 TABLE 72 NEW PRODUCT LAUNCHES, 2013-2015


List Of Figures

 FIGURE 1 MARKETS COVERED 13
 FIGURE 2 YEARS CONSIDERED FOR THE STUDY 13
 FIGURE 3 SMART MOTORS MARKET: RESEARCH DESIGN 15
 FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH 17
 FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH 18
 FIGURE 6 SMART MOTORS MARKET: DATA TRIANGULATION MODEL 19
 FIGURE 7 SMART MOTORS MARKET,BY APPLICATION, SNAPSHOT (2014–2020): THE INDUSTRIAL APPLICATION EXPECTED TO WITNESS A HIGH GROWTH 24
 FIGURE 8 SMART MOTORS MARKET, BY GEOGRAPHY, SNAPSHOT (2013 VS. 2020): AMERICAS DOMINATED THE SMART MOTORS MARKET IN 2014 24
 FIGURE 9 ATTRACTIVE MARKET OPPORTUNITIES FOR THE SMART MOTORS MARKET
 (2015–2020) 27
 FIGURE 10 INDUSTRIAL APPLICATION EXPECTED TO HOLD THE LARGEST MARKET SHARE DURING THE FORECAST PERIOD 27
 FIGURE 11 AMERICAS HELD THE LARGEST SHARE IN THE SMART MOTORS MARKET 28
 FIGURE 12 INDIA AND CHINA EXPECTED TO GROW AT THE HIGHEST RATE BY 2020 28
 FIGURE 13 MOTOR HELD THE LARGEST SHARE IN THE GLOBAL SMART MOTORS MARKET ON THE BASIS OF COMPONENT 29
 FIGURE 14 SMART MOTORS MARKET, BY GEOGRAPHY 32
 FIGURE 15 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES FOR THE SMART MOTOR MARKET 33
 FIGURE 16 VALUE CHAIN ANALYSIS: COMPONENT MANUFACTURERS/ SUPPLIERS ADDED MAJOR VALUE TO THE SMART MOTORS ECOSYSTEM 36
 FIGURE 17 PORTER’S ANALYSIS 37
 FIGURE 18 PORTER’S ANALYSIS: SMART MOTORS MARKET 37
 FIGURE 19 THREAT OF NEW ENTRANTS 38
 FIGURE 20 THREAT OF SUBSTITUTES 38
 FIGURE 21 BARGAINING POWER OF SUPPLIERS 39
 FIGURE 22 BARGAINING POWER OF BUYERS 40
 FIGURE 23 INTENSITY OF COMPETITIVE RIVALRY 40
 FIGURE 24 SMART MOTOR MARKET, BY APPLICATION (USD MILLION) 52
 FIGURE 25 GEOGRAPHIC SNAPSHOT OF THE SMART MOTORS MARKET (2015–2020) 68
 FIGURE 26 AMERICAS: SMART MOTORS MARKET SNAPSHOT 69
 FIGURE 27 APAC: SMART MOTORS MARKET SNAPSHOT—CHINA IS THE MOST LUCRATIVE MARKET 75
 FIGURE 28 COMPANIES ADOPTED NEW PRODUCT LAUNCHES AND PARTNERSHIPS AS THE KEY GROWTH STRATEGIES BETWEEN 2013 AND 2015 81
 FIGURE 29 ROCKWELL AUTOMATION, INC.: COMPANY SNAPSHOT 84
 FIGURE 30 ROCKWELL AUTOMATION, INC: SWOT ANALYSIS 86
 FIGURE 31 MOOG, INC.: COMPANY SNAPSHOT 87
 FIGURE 32 MOOG ANIMATICS: SWOT ANALYSIS 89
 FIGURE 33 GENERAL ELECTRIC COMPANY: COMPANY SNAPSHOT 90
 FIGURE 34 GENERAL ELECTRIC COMPANY: SWOT ANALYSIS 92
 FIGURE 35 ABB LTD.: COMPANY SNAPSHOT 93
 FIGURE 36 ABB LTD.: SWOT ANALYSIS 95
 FIGURE 37 SIEMENS AG: COMPANY SNAPSHOT 96
 FIGURE 38 SIEMENS AG: SWOT ANALYIS 97
 FIGURE 39 FUJI ELECTRIC CO. LTD.: COMPANY SNAPSHOT 98
 FIGURE 40 SCHNEIDER ELECTRIC SE: COMPANY SNAPSHOT 99


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Reports Details

Published Date : Dec 2015
No. of Pages :114
Country :Global
Category :Semiconductors
Publisher :MarketsandMarkets
Report Delivery By :Email
Report Delivery Time :12 to 24 hours after placing the order.

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