Market Share of North America Industrial Motors Industry
The competitive landscape of the North American Industrial Motors Market is expected to be moderately fragmented owing to the presence of several regional based players as well as global players with operations in the region. The industrial motors market comprises of various prominent players such as Siemens AG, ABB Ltd., Rockwell Automation, among others. The brand identity associated with the companies has a major influence on this market. In order to gain a competitive edge, the prominent players have been actively launching new products.
- July 2019 - WEG introduced a new M (Mining) series of slip ring motors for use in the mining and other industries. Available in frame sizes IEC 355 to IEC 1000, these new motors cover the power range from 250 kW to 10 MW at 50 Hz or 60 Hz line frequency. Additionally, these motors have 4 to 14 poles and are designed for voltages up to 13.8 kV.
- June 2019 - ABB introduced a new IEC low voltage (LV) flameproof motors in smaller frame sizes. The company's new IEC low voltage flameproof motors come in frame sizes 80 - 132. These motors are ideal for use in hazardous and explosive environments, typically found in the chemical, mining, and oil and gas industries.
North America Industrial Motors Market Leaders
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ABB Ltd.
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Rockwell Automation, Inc.
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Siemens AG
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Regal Beloit Corporation
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Altra Industrial Motion Corp
*Disclaimer: Major Players sorted in no particular order
