Global Explosion Proof Motors Industry Report 2018 - Market to Grow at a CAGR of 3.99% to 2022: Trends, Drivers, Opportunities and Challenges

Dublin, June 29, 2018 (GLOBE NEWSWIRE) -- The "Global Explosion Proof Motors Market 2018-2022" report has been added to ResearchAndMarkets.com's offering.

The Global Explosion Proof Motors Market is projected to grow at a CAGR of 3.99% during the period 2018-2022.

The report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

One trend affecting this market is the emergence of compact explosion proof motors. The implementation of stringent regulations on the safety of equipment operated in harsh environments has pushed vendors to increase the safety of their explosion proof motors. Vendors are focusing on offering compact explosion proof motors that can be integrated with the direct online (DOL) and variable frequency drive (VSD) operations.

According to the report, one driver influencing this market is the growth in investments in chemical and petrochemical industry. The demand for explosion proof motors from the chemical and petrochemical industry increased in 2017. This was due to the growth in investments, significant number of projects in developing countries such as India, Indonesia, and Brazil, and the increasing number of M&A.

Further, the report states that one challenge affecting this market is the fluctuating prices of raw materials. Instability in the prices of raw materials affect the cost of production. Hence, many key vendors have long-term contracts with suppliers to reduce the impact of the fluctuation in the prices of raw materials on their businesses. However, small vendors do not have such contracts. Hence, such fluctuations affect their business.

Key Vendors

• ABB
• General Electric
• Rockwell Automation
• Siemens
• WEG

Key Topics Covered

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: RESEARCH METHODOLOGY

PART 04: MARKET LANDSCAPE

• Market ecosystem
• Market characteristics
• Market segmentation analysis

PART 05: MARKET SIZING

• Market definition
• Market sizing 2017
• Market size and forecast 2017-2022

PART 06: FIVE FORCES ANALYSIS

• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition

PART 07: CUSTOMER LANDSCAPE

PART 08: MARKET SEGMENTATION BY END-USER

• Overview
• Comparison by end-user
• Oil and gas - Market size and forecast 2017-2022
• Chemicals and petrochemicals - Market size and forecast 2017-2022
• Mining and metals - Market size and forecast 2017-2022
• Power - Market size and forecast 2017-2022
• Others - Market size and forecast 2017-2022
• Market opportunity by end-user

PART 09: REGIONAL LANDSCAPE

• Geographical segmentation
• Regional comparison
• Americas - Market size and forecast 2017-2022
• EMEA - Market size and forecast 2017-2022
• APAC - Market size and forecast 2017-2022
• Market opportunity

PART 10: DECISION FRAMEWORK

PART 11: DRIVERS AND CHALLENGES

• Market drivers
• Market challenges

PART 12: MARKET TRENDS

• Emergence of compact explosion proof motors
• High demand for customized explosion proof motors
• Process industries prone to explosions due to combustible dust

PART 13: VENDOR LANDSCAPE

• Overview
• Landscape disruption
• Competitive landscape

PART 14: VENDOR ANALYSIS

• Vendors covered
• Vendor classification
• Market positioning of vendors
• ABB
• General Electric
• Rockwell Automation
• Siemens
• WEG

PART 15: APPENDIX

• List of abbreviations

For more information about this report visit https://www.researchandmarkets.com/research/n6mjpx/global_explosion?w=12

CONTACT: ResearchAndMarkets.com
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Motors