Asia-Pacific Induction Motor Market Share

Statistics for the 2023 & 2024 Asia-Pacific Induction Motor market share, created by Mordor Intelligence™ Industry Reports. Asia-Pacific Induction Motor share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

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Market Share of Asia-Pacific Induction Motor Industry

The Asia-Pacific induction motor market is fragmented owing to the presence of local and international players that offer induction motors with technological advancements. The key vendors in the market are taking initiatives such as mergers, acquisitions, and product launches to enhance their presence in the market.

  • January 2022 - With efficient solutions in the mining sector, WEG supplied a slip ring motor from the M Mining line, frame 560, 1,300 kW, 3,300 V, four poles, and 50 Hz to drive the ball mill of a mining company in Argentina.

Asia Pacific Induction Motor Market Leaders

  1. Nidec Corporation

  2. Regal Rexnord Corporation

  3. Siemens AG

  4. TMEIC

  5. ABB Ltd

*Disclaimer: Major Players sorted in no particular order

Nidec Corporation, Regal Rexnord Corporation, Siemens AG, TMEIC, ABB Ltd

Asia Pacific Induction Motor Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)