Pressurized Motors and Generators Market - Overview
An assembly of motor and generator is referred to as a dynamometer which is a specialized type of equipment utilized for controlling the speed of machinery. Dynamometers are utilized for various purposes which include torque and power measurements, and testbed for engine development activities. For instance, the assembly of motor and generator are used for standard emission testing cycles, as explained by the U.S. Environmental Protection Agency. This assembly is majorly utilized for household appliances such as air conditioners, microwave ovens, refrigerators, automatic dishwashers, freezers, and other products which include computer disk drives which require a small motor. The setup of the motor and generator are either used as a single setup or as separate elements.
Pressurized Motors and Generators Market - Drivers and Restraints
Pressurized motors and generators are potentially used in explosive atmospheres such as zone 1 and zone 2 (gas). Zone 1 is considered as the explosive atmosphere with standard operating conditions and zone 2 is considered as the explosive atmosphere which does not occur at standardly operating conditions and does not last long. These motors and generator sets can operate in places where flammable products are majorly processed, handled, or stored for the protection of properties and people around. These comply with high international and national standards, and are tested and certified by renowned global entities such as IEC, European (EN), ATEX, and NEMA.
Increasing developments in the electronics and electrical industry is considered as one of the major factors expected to spur pressurized motors and generators market growth over the forecast period. Furthermore, the growing application of pressurized motors and generators with high quality standards in explosive atmospheres in various sectors such as petrochemical, chemical, and oil & gas industries is also projected to influence the pressurized motors and generators market growth positively. Increasing demand for electricity and growing electricity supply share in global energy demand is also expected to drive the application of pressurized motors and generators in the coming years. Pressurized motors and generators are capable of delivering safe, reliable, environmentally- friendly, efficient solutions for all industry applications. This in turn is also expected to augment the demand for pressurized motors and generators over the forecast period. Furthermore, the ability of pressurized motors and generators to operate in high temperature is anticipated to fuel market demand in the coming years. The various ways of protecting the equipment such as pressurization (“Ex p” protection) of enclosures which consists of keeping the explosive atmosphere out of the machine enclosure is also influencing the application of pressurized motors and generators. This has led to enhanced usage of pressurized motors and generators in the market.
Pressurized Motors and Generators Market - Segmentation
The global pressurized motors and generators market can be segmented based on protection level, application, and region. Based on protection level, pressurized motors and generators are categorized into Ex px, Ex pxe, Ex pz, and Ex pze. The “px” type of pressurization reduces the classification of the internal area of the enclosure of zone 1 for safe area. The “pz” type of pressurization reduces the classification of the internal area of the enclosure of zone 2 for safe area. In terms of application segment, the pressurized motors and generators market can be segregated into petrochemical, chemical, oil & gas, and power industries.
Based on region, the global pressurized motors and generators market can be segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America. Asia Pacific is expected to contribute significantly to pressurized motors and generators market share over the forecast period.
Pressurized Motors and Generators Market - Key Players
Prominent players operating in the global pressurized motors and generators market are ABB Ltd., Nidec Motor Corporation, Rockwell Automation Inc., Siemens AG, Baldor Electric Co., Generac Holdings Inc., Yanmar, Ametek Inc., Bwx Technologies, Ingersoll-Rand, General Electric Co., Allied Motion Technologies, Danaher Motion LLC, Hamilton Sundstrand Corporation, Emerson Electric, and Krollmorgen Corp.
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.
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
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.