Motors manufacturers are deploying predictive maintenance technologies to minimize breakdowns in manufacturing facilities. Various techniques used for predictive maintenance include vibration analysis, ultrasound, wear particle analysis and thermography to predict failures that may occur. Use of smart sensors is another such technique that picks up data on certain parameters to reduce the chances of failure.

THE BUSINESS RESEARCH COMPANY VALUED THE GLOBAL MOTOR MANUFACTURING MARKET AT $100 BILLION IN 2017

Asia Pacific was the largest geographic region in the motor manufacturing market in 2017, accounting for nearly half of the global market. China was the largest country in the market, accounting for one-fifth of the global market share.

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According to The Business Research Company’s Consultant, Nitin Gianchandani,
motors and generators manufacturers are offering advance technologies for a wide range of electric vehicles. These technologies include electric vehicle traction motors and belt driven and integrated starter generators. Electric vehicle traction motors are also known as rotating electric machines is an electric motor used for propulsion of a vehicle, whereas integrated starter generators allow engine vehicle to restart after the idle stop to save fuel and emissions. For instance, according to a report by IDTechEX electric vehicle traction motor was expected to exceed $25 billion by 2025, thus indicating high demand for electric vehicle traction motor technology.
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Ametek Inc was the largest player in the motor manufacturing market, with revenues of $1.5 billion in 2016. Ametek Inc.’s growth strategy aims at operational excellence, acquisitions, market expansion and launching of new products.
Motor manufacturing establishments produce machines that convert electrical energy into mechanical energy and supply motive power to devices. Some devices that use electric motors include fans, blowers, household appliances, disk drives, batteries and power tools.

Motor Manufacturing Global Market Report 2018 is a detailed report giving a unique insight into this market. The report is priced at $4000 for an individual user. To use across your office, the price is $6000 and $8000 if you wish to use across a multinational company.

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