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Low-voltage Integral Horsepower Motors Manufacturers Aim to Provide Energy-efficient Motors, Finds Frost & Sullivan

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Low-voltage Integral Horsepower Motors Manufacturers Aim to Provide Energy-efficient Motors, Finds Frost & Sullivan PR Newswire KUALA LUMPUR, Malaysia, Jan. 2, 2013 Mining industry to account for the bulk of the demand for electric motors KUALA LUMPUR, Malaysia, Jan. 2, 2013 /PRNewswire/ -- In response to the International Electrotechnical Commission (IEC) standard mandates and the increasing demand for high energy efficiency, low-voltage integral horsepower motor market participants are introducing high- and premium- efficiency motors. The high growth verticals that are generating demand for low-voltage integral horsepower motors are drawn to the energy efficiency feature of the motor, as it reduces energy consumption and carbon emissions. New analysis from Frost & Sullivan (http://www.motors.frost.com), ANZ Low- voltage Integral Horsepower Motors Market, finds that the market earned revenues between US$140 million to US$150 million in 2011 and estimates this to reach US$166 million in 2015. The uptake of low-voltage integral electric motors in Australia and New Zealand is largely determined by the growth in the revenue-generating verticals such as mining, water treatment, and oil and gas. These verticals, in addition to smaller verticals such as dairy and timber, are likely to raise their demand for energy-efficient motors in the next two to three years.
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Low-voltage Integral Horsepower Motors Manufacturers Aim to Provide Energy-efficient Motors, Finds Frost & Sullivan
PR Newswire
KUALA LUMPUR, Malaysia, Jan. 2, 2013
Mining industry to account for the bulk of the demand for electric motors
KUALA LUMPUR, Malaysia,Jan. 2, 2013/PRNewswire/ -- In response to the
International Electrotechnical Commission (IEC) standard mandates and the
increasing demand for high energy efficiency, low-voltage integral
horsepower motor market participants are introducing high- and premium-
efficiency motors. The high growth verticals that are generating demand for
low-voltage integral horsepower motors are drawn to the energy efficiency feature of the motor, as it reduces energy consumption and carbon emissions.
New analysis from Frost & Sullivan (http://www.motors.frost.com),ANZ Low-voltage Integral Horsepower Motors Market, finds that the market earned revenues betweenUS$140 million to US$150 millionin 2011 and estimates
this to reachUS$166 millionin 2015.
The uptake of low-voltage integral electric motors in Australia and New
Zealand is largely determined by the growth in the revenue-generating
verticals such as mining, water treatment, and oil and gas. These verticals, in
addition to smaller verticals such as dairy and timber, are likely to raise their
demand for energy-efficient motors in the next two to three years.
"The opening of new mines is especially likely to drive the demand for low-
voltage integral horsepower motors," said Frost & Sullivan Research Analyst
Susan Sahayan. "The redevelopment and improvements in existing mines also call for higher efficiency motors, which aids the steady growth of the market."
However, the market, like many others, was affected by the global economic
downturn. It is gradually regaining momentum, although participants
witnessed limited, bordering on zero, growth in 2011.