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

Informations

• Publié par: frost-sullivan
• Nombre de lectures: 32
• Langue: English

Extrait

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.