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AC Electric Motor Market in Oil and Gas Industry by Type (Synchronous and Induc-tion), for Voltage (Less than 1 kV, 1-6.6 kV, and More than 6.6 kV), and by Region - Global Trends and Forecast Analysis, 2018-2025

Publish Date: January 2020 | Format :PDF/Excel | Category: Semiconductor | Pages :124

The global AC electric motor market in oil and gas industry is projected to reach USD 10 billion by 2025 at a CAGR of around 5% during the forecasted period.

Motors that use alternating current for power consumption through the mechanism of electromagnetic induction are called AC electric motors. These motors are efficient in changing power consuming pattern. AC electric motors consists of two key parts i.e. stator and rotor. As the name suggests, stator remains stationary whereas rotor rotates. Electric motors converts power from electrical energy to mechanical energy especially for bulk usage.

With increasing innovation in automation in oil and gas industry along with higher demand for AUVs and ROVs and finding new reserves in remote locations of Africa are key factors for growth in AC Electric motor market in oil and gas industry.  Further, with increasing application in a variety of industries such as mining, cement, steel, automotive, petrochemical, pulp and paper, HVAC, etc. would led to high demand for AC Electric motors in oil and gas industry. Further, due to its improved and efficient power generation, it is being used in cranes, compressors, pumps, machine tools, etc. which will generate higher sales for AC electric motors.

However, due to mature markets the oil and gas industry growth in these regions would be stagnant hence the AC electric motors markets would also be stagnant. Other geopolitical factors and stringent environmental regulation by respective countries government can also act as a deterrent for AC electric motors sales. The AC electric motor market in oil and gas industry is segmented on the basis of type, voltage, and region.

On the basis of type, the global AC electric motor market in oil and gas industry is divided into synchronous and induction. The induction motor segment is expected to have the largest market share in AC electric motor market in oil and gas industry. Increasing demand due to its wide applications in many heavy industries over synchronous motors is the prime reason for the market growth. Induction motor segment also provides added advantage of being more durable, cost effective, robust and high operational efficiency even under bad conditions has favored it over other motor segments.

Based on voltage, the global AC electric motor market in oil and gas industry report is divided into less than 1 kV, 1-6.6 kV, and more than 6.6 kV. Among these, voltage measures, the 1-6.6 kV segment have considerable advantage over other end-user segments as they are currently ahead of the pack in terms of usage in industrial sectors, there creating demand for AC electric motors. The 1-6.6 kV segment is applied in pumps, compressors, production areas and interstate pipelines of the oil and gas industry, hence it is in great demand.

The AC electric motor market in oil and gas industry has analyzed across the five regions including, North America, Europe, Asia Pacific, Latin America, and Middle East and Africa with its major countries. Asia Pacific has the significant amount of growth rate among all regions and is projected to have the key market share during the forecast period. Increasing demand in countries like China, Japan due to favorable economic conditions, the rising income levels of the middle class population and rapid industrialization, has resulted in high demand for industrial sectors and thereby creating demand for AC electric motors.

With China’s domestic need for oil and gas surpassing its production by a huge margin, importing of oil and gas is done in huge numbers which results in demand for machinery and hence more manufacturers would invest in RandD to provide better efficient motors to run these machines smoothly, hence the AC electric motors market also would grow. Sales of AC electric motors in Asia pacific alone is projected to grow more than the sales of North America, Europe and Oceania combined. Another key region for global AC electric motor market in oil and gas industry to grow is Europe. With abundant oil and gas reserves and one of the world’s largest oil and gas exporting regions, the Middle East market for AC Electric motor in oil and gas would also increase exponentially.

The report covered the detailed competitive analysis including company profiles of the major industry players operating in the global AC electric motor market in oil and gas industry. Key players profiled in the report are Regal Beloit, Johnson Electric, WEG SE, Yaskawa, RockWell, Allied Motion, Hitachi, ARC System, Schneider Electric, Siemens, General Electric, ABB, Nidec Corporation, and others.

The global AC electric motor market in oil and gas industry is segmented as follows:

AC Electric Motor Market in Oil and Gas Industry, Type Segment Analysis

  • Synchronous
  • Induction

AC Electric Motor Market in Oil and Gas Industry, Voltage Segment Analysis

  • Less Than 1 KV
  • 1-6.6 kV
  • More Than 6.6 kV

AC Electric Motor Market in Oil and Gas Industry, Region Segment Analysis

  • North America
    • United States
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
    • Russia
    • Rest of  Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Argentina
    • Rest of Latin America
  • Middle East and Africa
    • Saudi Arabia
    • UAE
    • South Africa
    • Rest of MEA

Chapter 1 Introduction

1.1. Research Objective

1.2. Market Introduction

1.3. Market Segmentation

1.4. Report Highlights

Chapter 2 Research Scope and Methodology

2.1. Report Scope

2.2. Market Research Methodology

2.2.1. Data Mining

2.2.2. Data Analysis

2.2.3. Data Validation

2.2.4. Secondary Research

2.2.5. Primary Research

2.2.6. Model

2.3. Market Size Estimation

Chapter 3 Executive Summary

Chapter 4 AC Electric Motor Market in Oil and Gas Industry Size and Volume

4.1. Global AC Electric Motor Market in Oil and Gas Industry Size (USD Billion) and Growth Rate (%) Analysis, 2018-2025

4.2. Global AC Electric Motor Market in Oil and Gas Industry Volume (K Units) and Growth Rate (%) Analysis, 2018-2025

Chapter 5 Market Dynamics

5.1. Market Drivers

5.1.1. Global AC Electric Motor Market in Oil and Gas Industry Drivers: Impact Analysis

5.1.2. Higher demand for AUVs and ROVs

5.1.3. Increasing innovation in automation in oil and gas industry

5.1.4. Driver 3

5.2. Market Restrains

5.2.1. Global AC Electric Motor Market in Oil and Gas Industry Restraints: Impact Analysis

5.2.2. Stringent environmental regulation

5.2.3. Restraint 2

5.3. Market Opportunities

5.3.1. Increasing industrialization in emerging economies

5.3.2. Opportunity 2

5.4. Value Chain Analysis

5.5. Porter's Five Forces Analysis

5.5.1. Threat of new entrants

5.5.2. Threat of substitutes

5.5.3. Bargaining power of customers

5.5.4. Bargaining power of suppliers

5.5.5. Industry rivalry

5.6. Regulatory Framework

5.7. Price Trend Analysis

Chapter 6 AC Electric Motor Market in Oil and Gas Industry Analysis, by Type

6.1. Segment Overview

6.2. AC Electric Motor Market in Oil and Gas Industry Share (%), by Type in 2019 and 2025

6.3. Market Attractiveness Analysis, by Type

6.4. Synchronous

6.4.1. AC Electric Motor Market in Oil and Gas Industry Analysis by Synchronous, 2018-2025

6.5. Induction

6.5.1. AC Electric Motor Market in Oil and Gas Industry Analysis by Induction, 2018-2025

Chapter 7 AC Electric Motor Market in Oil and Gas Industry Analysis, by Voltage

7.1. Segment Overview

7.2. AC Electric Motor Market in Oil and Gas Industry Share (%), by Voltage in 2019 and 2025

7.3. Market Attractiveness Analysis, by Voltage

7.4. Less Than 1 KV

7.4.1. AC Electric Motor Market in Oil and Gas Industry Analysis by Less Than 1 KV, 2018-2025

7.5. 1-6.6 kV

7.5.1. AC Electric Motor Market in Oil and Gas Industry Analysis by 1-6.6 kV, 2018-2025

7.6. More Than 6.6 kV

7.6.1. AC Electric Motor Market in Oil and Gas Industry Analysis by More Than 6.6 kV, 2018-2025

Chapter 8 North America AC Electric Motor Market in Oil and Gas Industry Analysis

8.1. North America AC Electric Motor Market in Oil and Gas Industry Overview

8.2. North America AC Electric Motor Market in Oil and Gas Industry Size and Volume, by Type, 2018-2025

8.2.1. Synchronous

8.2.2. Induction

8.3. North America AC Electric Motor Market in Oil and Gas Industry Size and Volume, by Voltage, 2018-2025

8.3.1. Less Than 1 KV

8.3.2. 1-6.6 kV

8.3.3. More Than 6.6 kV

8.4. North America AC Electric Motor Market in Oil and Gas Industry Size and Volume, by Country, 2018-2025

8.4.1. U.S.

8.4.2. Canada

8.4.3. Mexico

Chapter 9 Europe AC Electric Motor Market in Oil and Gas Industry Analysis

9.1. Europe AC Electric Motor Market in Oil and Gas Industry Overview

9.2. Europe AC Electric Motor Market in Oil and Gas Industry Size and Volume, by Type, 2018-2025

9.2.1. Synchronous

9.2.2. Induction

9.3. Europe AC Electric Motor Market in Oil and Gas Industry Size and Volume, by Voltage, 2018-2025

9.3.1. Less Than 1 KV

9.3.2. 1-6.6 kV

9.3.3. More Than 6.6 kV

9.4. Europe AC Electric Motor Market in Oil and Gas Industry Size and Volume, by Country, 2018-2025

9.4.1. UK

9.4.2. Germany

9.4.3. France

9.4.4. Russia

9.4.5. Rest of Europe

Chapter 10 Asia Pacific AC Electric Motor Market in Oil and Gas Industry Analysis

10.1. Asia Pacific AC Electric Motor Market in Oil and Gas Industry Overview

10.2. Asia Pacific AC Electric Motor Market in Oil and Gas Industry Size and Volume, by Type, 2018-2025

10.2.1. Synchronous

10.2.2. Induction

10.3. Asia Pacific AC Electric Motor Market in Oil and Gas Industry Size and Volume, by Voltage, 2018-2025

10.3.1. Less Than 1 KV

10.3.2. 1-6.6 kV

10.3.3. More Than 6.6 kV

10.4. Asia Pacific AC Electric Motor Market in Oil and Gas Industry Size and Volume, by Country, 2018-2025

10.4.1. China

10.4.2. Japan

10.4.3. India

10.4.4. South Korea

10.4.5. Australia

10.4.6. Rest of Asia Pacific

Chapter 11 Latin America AC Electric Motor Market in Oil and Gas Industry Analysis

11.1. Latin America AC Electric Motor Market in Oil and Gas Industry Overview

11.2. Latin America AC Electric Motor Market in Oil and Gas Industry Size and Volume, by Type, 2018-2025

11.2.1. Synchronous

11.2.2. Induction

11.3. Latin America AC Electric Motor Market in Oil and Gas Industry Size and Volume, by Voltage, 2018-2025

11.3.1. Less Than 1 KV

11.3.2. 1-6.6 kV

11.3.3. More Than 6.6 kV

11.4. Latin America AC Electric Motor Market in Oil and Gas Industry Size and Volume, by Country, 2018-2025

11.4.1. Brazil

11.4.2. Argentina

11.4.3. Rest of Latin America

Chapter 12 Middle East and Africa AC Electric Motor Market in Oil and Gas Industry Analysis

12.1. Middle East and Africa AC Electric Motor Market in Oil and Gas Industry Overview

12.2. Middle East and Africa AC Electric Motor Market in Oil and Gas Industry Size and Volume, by Type, 2018-2025

12.2.1. Synchronous

12.2.2. Induction

12.3. Middle East and Africa AC Electric Motor Market in Oil and Gas Industry Size and Volume, by Voltage, 2018-2025

12.3.1. Less Than 1 KV

12.3.2. 1-6.6 kV

12.3.3. More Than 6.6 kV

12.4. Middle East and Africa AC Electric Motor Market in Oil and Gas Industry Size and Volume, by Country, 2018-2025

12.4.1. Saudi Arabia

12.4.2. UAE

12.4.3. South Africa

12.4.4. Rest of MEA

Chapter 13 Competitive Landscape

13.1. Company Market Share Analysis, 2018

13.2. Competitive Scenario

13.2.1. New Product Launches

13.2.2. Regional Expansion and RandD Investments

13.2.3. Merger and Acquisitions

Chapter 14 Company Profiles

14.1. Regal Beloit

14.1.1. Company Details

14.1.2. Business Overview

14.1.3. Product Portfolio

14.1.4. Financials

14.1.5. Recent Developments

14.2. Johnson Electric

14.2.1. Company Details

14.2.2. Business Overview

14.2.3. Product Portfolio

14.2.4. Financials

14.2.5. Recent Developments

14.3. WEG SE

14.3.1. Company Details

14.3.2. Business Overview

14.3.3. Product Portfolio

14.3.4. Financials

14.3.5. Recent Developments

14.4. Yaskawa

14.4.1. Company Details

14.4.2. Business Overview

14.4.3. Product Portfolio

14.4.4. Financials

14.4.5. Recent Developments

14.5. RockWell

14.5.1. Company Details

14.5.2. Business Overview

14.5.3. Product Portfolio

14.5.4. Financials

14.5.5. Recent Developments

14.6. Allied Motion

14.6.1. Company Details

14.6.2. Business Overview

14.6.3. Product Portfolio

14.6.4. Financials

14.6.5. Recent Developments

14.7. Hitachi

14.7.1. Company Details

14.7.2. Business Overview

14.7.3. Product Portfolio

14.7.4. Financials

14.7.5. Recent Developments

14.8. ARC System

14.8.1. Company Details

14.8.2. Business Overview

14.8.3. Product Portfolio

14.8.4. Financials

14.8.5. Recent Developments

14.9. Schneider Electric

14.9.1. Company Details

14.9.2. Business Overview

14.9.3. Product Portfolio

14.9.4. Financials

14.9.5. Recent Developments

14.10. Siemens

14.10.1. Company Details

14.10.2. Business Overview

14.10.3. Product Portfolio

14.10.4. Financials

14.10.5. Recent Developments

14.11. General Electric

14.11.1. Company Details

14.11.2. Business Overview

14.11.3. Product Portfolio

14.11.4. Financials

14.11.5. Recent Developments

14.12. ABB

14.12.1. Company Details

14.12.2. Business Overview

14.12.3. Product Portfolio

14.12.4. Financials

14.12.5. Recent Developments

14.13. Nidec Corporation

14.13.1. Company Details

14.13.2. Business Overview

14.13.3. Product Portfolio

14.13.4. Financials

14.13.5. Recent Developments

List of Tables

Table 1 Global AC Electric Motor Market in Oil and Gas Industry Drivers: Impact Analysis

Table 2 Global AC Electric Motor Market in Oil and Gas Industry Restraints: Impact Analysis

Table 3 North America AC Electric Motor Market in Oil and Gas Industry Size (USD Billion), by Type, 2018-2025

Table 4 North America AC Electric Motor Market in Oil and Gas Industry Volume (K Units), by Type, 2018-2025

Table 5 North America AC Electric Motor Market in Oil and Gas Industry Size (USD Billion), by Voltage, 2018-2025

Table 6 North America AC Electric Motor Market in Oil and Gas Industry Volume (K Units), by Voltage, 2018-2025

Table 7 North America AC Electric Motor Market in Oil and Gas Industry Size (USD Billion), by Country, 2018-2025

Table 8 North America AC Electric Motor Market in Oil and Gas Industry Volume (K Units), by Country, 2018-2025

Table 9 Europe AC Electric Motor Market in Oil and Gas Industry Size (USD Billion), by Type, 2018-2025

Table 10 Europe AC Electric Motor Market in Oil and Gas Industry Volume (K Units), by Type, 2018-2025

Table 11 Europe AC Electric Motor Market in Oil and Gas Industry Size (USD Billion), by Voltage, 2018-2025

Table 12 Europe AC Electric Motor Market in Oil and Gas Industry Volume (K Units), by Voltage, 2018-2025

Table 13 Europe AC Electric Motor Market in Oil and Gas Industry Size (USD Billion), by Country, 2018-2025

Table 14 Europe AC Electric Motor Market in Oil and Gas Industry Volume (K Units), by Country, 2018-2025

Table 15 Asia Pacific AC Electric Motor Market in Oil and Gas Industry Size (USD Billion), by Type, 2018-2025

Table 16 Asia Pacific AC Electric Motor Market in Oil and Gas Industry Volume (K Units), by Type, 2018-2025

Table 17 Asia Pacific AC Electric Motor Market in Oil and Gas Industry Size (USD Billion), by Voltage, 2018-2025

Table 18 Asia Pacific AC Electric Motor Market in Oil and Gas Industry Volume (K Units), by Voltage, 2018-2025

Table 19 Asia Pacific AC Electric Motor Market in Oil and Gas Industry Size (USD Billion), by Country, 2018-2025

Table 20 Asia Pacific AC Electric Motor Market in Oil and Gas Industry Volume (K Units), by Country, 2018-2025

Table 21 Latin America AC Electric Motor Market in Oil and Gas Industry Size (USD Billion), by Type, 2018-2025

Table 22 Latin America AC Electric Motor Market in Oil and Gas Industry Volume (K Units), by Type, 2018-2025

Table 23 Latin America AC Electric Motor Market in Oil and Gas Industry Size (USD Billion), by Voltage, 2018-2025

Table 24 Latin America AC Electric Motor Market in Oil and Gas Industry Volume (K Units), by Voltage, 2018-2025

Table 25 Latin America AC Electric Motor Market in Oil and Gas Industry Size (USD Billion), by Country, 2018-2025

Table 26 Latin America AC Electric Motor Market in Oil and Gas Industry Volume (K Units), by Country, 2018-2025

Table 27 Middle East and Africa AC Electric Motor Market in Oil and Gas Industry Size (USD Billion), by Type, 2018-2025

Table 28 Middle East and Africa AC Electric Motor Market in Oil and Gas Industry Volume (K Units), by Type, 2018-2025

Table 29 Middle East and Africa AC Electric Motor Market in Oil and Gas Industry Size (USD Billion), by Voltage, 2018-2025

Table 30 Middle East and Africa AC Electric Motor Market in Oil and Gas Industry Volume (K Units), by Voltage, 2018-2025

Table 31 Middle East and Africa 4K Set-Top Box Market Size (USD Million), by Country, 2018-2025

Table 32 Middle East and Africa 4K Set-Top Box Market Volume (K Units), by Country, 2018-2025

List of Figures

Figure 1 Market Research Methodology

Figure 2 Global AC Electric Motor Market in Oil and Gas Industry Size and Growth Rate Analysis, 2018-2025

Figure 3 Global AC Electric Motor Market in Oil and Gas Industry Volume and Growth Rate Analysis, 2018-2025

Figure 4 Value Chain Analysis

Figure 5 Porter's Five Forces Analysis

Figure 6 Price Trend Analysis

Figure 7 AC Electric Motor Market in Oil and Gas Industry Share (%), by Type in 2019 and 2025

Figure 8 Market Attractiveness Analysis, by Type

Figure 9 AC Electric Motor Market in Oil and Gas Industry Size, by Synchronous, 2018-2025

Figure 10 AC Electric Motor Market in Oil and Gas Industry Size, by Induction, 2018-2025

Figure 11 AC Electric Motor Market in Oil and Gas Industry Share (%), by Voltage in 2019 and 2025

Figure 12 Market Attractiveness Analysis, by Voltage

Figure 13 AC Electric Motor Market in Oil and Gas Industry Size, by Less Than 1 KV, 2018-2025

Figure 14 AC Electric Motor Market in Oil and Gas Industry Size, by 1-6.6 kV, 2018-2025

Figure 15 AC Electric Motor Market in Oil and Gas Industry Size, by More Than 6.6 kV, 2018-2025

Figure 16 North America AC Electric Motor Market in Oil and Gas Industry Size, 2018-2025

Figure 17 Europe AC Electric Motor Market in Oil and Gas Industry Size, 2018-2025

Figure 18 Asia Pacific AC Electric Motor Market in Oil and Gas Industry Size, 2018-2025

Figure 19 Latin America AC Electric Motor Market in Oil and Gas Industry Size, 2018-2025

Figure 20 Middle East and Africa AC Electric Motor Market in Oil and Gas Industry Size, 2018-2025

Figure 21 Company Market Share (%), 2018

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