Market Share of North America Alternating Current (AC) Motor Industry
The market for North America AC motors is estimated to be highly competitive over the forecast period, as the players in the market are increasingly working on new product development with a sharp focus on overcoming the shortcomings of the prosecutor. The players are also focusing on partnerships and mergers and acquisitions in order to expand their consumer base. Major players in the market include Rockwell Automation, ABB Ltd., Siemens AG, Johnson Electric, and Toshiba International Corporation, among others.
- May 2022- WEG has introduced the W51 HD motor range, which combines efficiency and long-term sustainability. The W51 High Density (HD) motors are compact, adaptable, and ideal for a wide range of applications, giving improved performance and durability. The W51 HD motors feature a modern concept in accordance with market expectations for highly efficient goods and rational use of natural resources due to their reduced size and weight. They are available in low and medium voltage, in IEC 315 to 450 or NEMA 5000 to 7000 frames.
North America Alternating Current (AC) Motor Market Leaders
ABB Ltd.
Rockwell Automation Inc.
Siemens AG
Johnson Electric
Toshiba Corporation
*Disclaimer: Major Players sorted in no particular order
