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Download Free sampleThe global AC Motor market was valued at 1800.72 Million USD in 2021 and will grow with a CAGR of 1.49% from 2021 to 2027, based on newly published report.
The prime objective of AC Motor Market is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, AC Motor Market covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
AC Motors is an electric motor driven by alternating current (AC). The AC Motor commonly consists of two basic parts, an outside stationary stator having coils supplied with alternating current to produce a rotating magnetic field, called stator ;and an inside rotor attached to the output shaft producing a second rotating magnetic field and output kinetic energy, namely rotor. In AC Motor Market we mainly talk about the AC Motors power is larger than 1HP.First, the AC Motor industry concentration is relatively not high; the high-end products mainly from America and western European. ABB and Siemens have a long history and unshakable status in this industry with perfect products in the Europe. As to the USA, the Regal Beloit has become a regional leader. In Asia, it is TMEIC that leads the technology development.
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