Induction Motor Market: Anticipated To Predict A Promising Growth Rate During The Forecast Period 2016 - 2023
The global induction motor market is driven by technological advancement. This trend is projected to offer significant growth opportunities to companies that are operating in the global induction motor market. One of the new technologies that are gaining traction in the global induction motor market is called copper rotor induction motor. This motor serves as a strong alternative to the permanent magnet motor used in electric vehicles. The research report offers a detailed analysis of the technologies available in the global induction motor market as well as the upcoming ones. Furthermore, the major technological milestones are also mentioned in the study. Broadly, the global induction motor market is segmented on the basis of type, product, application, end use, and geography. A detailed analysis of the key segments of the global induction motor market has been covered in the study. Each segment’s historical data and forecast values are presented along with the tre...