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Latin America Safety Drives and Motors Market - By Applications (AC Drives, DC ...
Most of the Latin America’s GDP comes from mining industry since five of the top ten mining countries globally are from Latin America. Despite the moderation of the mining sector across the globe, Latin America continues to witness growth in this sector. The presence of a large number of mining companies in the region as well as growth in the shale gas and crude oil exploration is driving the demand for safety drives and motors market in the region.
Different safety drives are used at every step of the industrial process; starting from the mine to the finished product. Interestingly, these drives and motors help in starting the large motors with minimum effort, while uninterruptedly adjusting the speed as required by the process, driving excavators, conveyors, mills, fans and pumps. Growing investments in mining and growing support from the government to foreign entrants will boost the growth of safety drives & motors in the region.
The Latin America safety drives & motors market is expected to increase to USD 0.37 billion by 2021 at a CAGR of 5.10% over the period 2016 - 2021. Latin America safety drives and motors market is broadly segmented based on types, end-user industry and geography. On the basis of types, the market has been segmented into AC drives and DC drives. On the basis of its end-users, it has been categorized into various segments such as manufacturing, automotive, healthcare, industrial and others. Some of the market players mentioned in the report are Rockwell Automation, SIGMATEK Safety Systems, ABB Limited, Beckhoff and more.
What the report offers
1. Introduction
1.1 Research Methodology
1.2 Key Findings of the Study
1.3 Executive Summary
2. Market Overview
2.1 Introduction
2.2 Industry Value-Chain Analysis
2.3 Industry Attractiveness - Porter's Five Forces Analysis
2.4 Industry Policies
3. Market Dynamics
3.1 Introduction
3.2 Drivers
3.2.1 Industry Safety Standards
3.2.2 Demand for Safe Equipment
3.2.3 Flexible Functionality
3.2.4 High Degree of Cost-Effectiveness
3.3 Restraints
3.3.1 Complexity of Standards
4. Technology Snapshot
5. Latin America Safety Drives & Motors Market Products Market Segmentation, Forecasts and Trends
5.1 Latin America Safety Drives Market - Segmented by Applications
5.1.1 AC Drives
5.1.2 DC Drives
5.2 Latin America Safety Motors Market- Segmented by Categories
5.2.1 Category 2
5.2.2 Category 3
5.3 Latin America Safety Motors Market- Segmented by Types
5.3.1 Increased Safety Motors
5.3.2 Explosion/Flame Proof Motors
5.3.3 Others
5.4 Latin America Market - Segmented By End-Users
5.4.1 Energy & Power
5.4.2 Manufacturing
5.4.3 Pharmaceutical
5.4.4 Petroleum & Chemical Industry
5.4.5 Construction
5.4.6 Food & Beverages
5.4.7 Oil & Gas
5.4.8 Others
5.5 Latin America Market – Segmented by Country
5.5.1 Mexico
5.5.2 Brazil
5.5.3 Argentina
5.5.4 Chile
5.5.5 Others
6. Vendor Market Share
7. Company Profiles
7.1 Rockwell Automation
7.2 SIGMATEK Safety Systems
7.3 ABB Limited
7.4 Beckhoff
7.5 Siemens
7.6 B&R
7.7 KOLLMORGEN
7.8 KEBA
7.9 Hoerbiger
7.10 Pilz
7.11 WEG
7.12 CG Latin America
8. Investment Analysis
8.1 Investment Scenario and Opportunities
9. Future of Latin America Safety & Motors Drives Market
10. Appendix
