Motors And Generators Manufacturing Market Trends and Strategies

Motor And Generator ManufacturingAsia Pacific was the largest region in the motor and generator manufacturing market in 2016, accounting for around 45% market share. This can be attributed to high demand for motors and generators from machinery manufacturing industries based in China and India. Western Europe was the second largest region accounting for 25% market share. North America was the third largest region accounting for 18% market share.

Motor Manufacturing segment was the largest segment in the motor and generator manufacturing market with around 85% share of the market. Generator Manufacturing segment was the second largest segment in the motor and generator manufacturing market with around 15% share of the market.

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Smart Generators was considered to be one of the latest trends in the motors and generators manufacturing market as of 2016. Many generator manufacturing companies are offering smart generator technologies to both commercial establishments and individual customers. Smart generators are embedded with digital technology to monitor battery life, engine oil and temperature. Digital technologies in generators minimize manual intervention to resolve engine malfunctions. Manufacturers are also incorporating advanced monitoring equipment and hi-tech control systems in generator systems. Companies offering smart generator technology include Ultrawave and PcVue solutions.

Related Market Research Reports:

Global DC Motor and Generator Market to 2021

Global Electric Motor and Generator Market to 2021

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