Market Share of Japan AC Motor Industry
The Japanese AC motor market is competitive with various large, medium, and small players. The Japanese AC motors industry players are introducing new innovative products to cater to growing consumer demands. Major players in the market include Siemens AG, Nidec Corporation, WEG Germany GmbH, TECO Electric Europe Ltd, and ABB Limited. Technological advances in various industries, including healthcare, energy, and infrastructure, will boost the market growth.
In May 2024, Regal Rexnord announced that the LEESON brand would be extended significantly by adding NEMA AC induction motors smaller than 182T in height to the LEESON product family.
In March 2024, ABB announced that a set of AC motors have higher efficiencies to combat growing concerns. According to the company, ABB BaldorReliance SP4 motors are a drop-in replacement of traditional AC induction motors but have increased efficiency by 20%. These performance gains can be achieved via direct online operation without a variable speed drive. However, ABB claims they are even more significant combined with an engine.
Japan AC Motor Market Leaders
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Rockwell Automation
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Siemens AG
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ABB Ltd.
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Nidec Corporation
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Johnson Electric
*Disclaimer: Major Players sorted in no particular order
