About Capacitor Motors
Capacitor Motors are AC induction motors used for rotating the magnetic field to produce torque. It is used for smooth and noiseless operation and improves the power factor. They are used in AC, powered gates and large fans. The growing demand for AC and the adoption of automated products are driving the capacitor motors market.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 5.5% |
The capacitor motor market is expected to continue to grow in the coming years, driven by a number of factors such as the increasing demand for energy-efficient motors, the growing popularity of variable-speed drives, and the increasing use of automation in industrial applications. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Capacitor Motors market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
TDK Corporation (Japan), Seika Electric Co. Ltd (Japan), Tibcon Capacitors (India), BMI Capacitors (United States), Kemet Corporation (United States), Dingfeng Group (Malaysia), JB Capacitor (Hong Kong), Lexur Capacitor (India), Shanghai Starlight (China), Ningbo Zhenhai Cinco Electronics (China) and Illinois Capacitor (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Amber Capacitors (Pakistan).
Segmentation Overview
AMA Research has segmented the market of Global Capacitor Motors market by Type (Start Capacitor, Run Capacitor and Other), Application (Air Conditioners, Powered Gates, Large Fans and Others) and Region.
On the basis of geography, the market of Capacitor Motors has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Voltage, the sub-segment i.e. 370V will boost the Capacitor Motors market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Enhanced Capacitive Motors Performance with the inclusion of Power Saving Modules
Market Growth Drivers:
Increasing Demand for Air Conditioners across the Globe and Growing Adoption of highly automated Products such as Power Gates in Industrial Applications
Challenges:
Increasing Environmental Concerns such as robustly Increasing E-waste
Restraints:
Significant Post Purchase Maintenance and Need for skilled Workers and Introduction to Other Substitutes such as Efficient Motors
Opportunities:
Increasing Demand for Capacitive Motors in Strengthened Electrical Motor Industry
Market Leaders and their expansionary development strategies
In March 2023, Iskra signing of a technical agreement for the localization and distribution of power capacitors. This collaboration between Iskra and MEMF Electrical Industries Co. is a significant milestone and Iskra are excited about the endless possibilities it presents.
In September 2023, The TDK Group launched the new EPCOS B33331I6* series of compact motor run capacitor. The new series of capacitors has a safety class up to S2, meets the IEC 60335-2-24 standard, and is designed in an ultra-compact aluminum can, which is expected to be the most compact motor run capacitor
Key Target Audience
Capacitor Motors Manufactures, Capacitor Motors Distributors and Suppliers, Capacitor Motors International Traders, Capacitor Motors Industrial Associations, Research and Development Institutes, Financial Institution and Venture Capital, Downstream Buyers and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.