United Kingdom AC Motors Market Market Share

Market Share of United Kingdom AC Motors Industry

The AC motor market in the United Kingdom has several vendors, enhancing the competitive index. Competition in the market is anticipated to continue growing as demand increases. Hence, the vendors operating in the market are adopting strategies such as new product development, partnerships, mergers, and acquisitions to strengthen their market presence further. Some key market players include ABB Ltd, Siemens AG, Johnson Electric International (UK) Ltd, Rockwell Automation, and Nidec Corporation.

• March 2024 - MOONS’ Industries, a Shanghai-based company manufacturing an extensive range of motion control products, launched MOONS’ Industries (UK). According to the company, the entity will be based in Reading, Berkshire. This move aims to further strengthen the company's presence in the European market.
• March 2024 - ABB Ltd unveiled its SP4 technology. According to the company, it achieves NEMA super premium efficiency even in AC induction motors operating without variable speed drives. Furthermore, the SP4 solution has been developed by the company to cater to the growing demand for more sustainable and efficient AC motors across different industries.

United Kingdom AC Motors Market Leaders

1. ABB Ltd.

2. Siemens AG

3. Rockwell Automation

4. Johnson Electric International (UK) Ltd.

5. Nidec Corporation

*Disclaimer: Major Players sorted in no particular order