Global Industrial Electric Motors Market Radar 2019: Visionaries, Disruptors, Contenders, and Agitators - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--May 21, 2019--
The “Frost Radar in the Industrial Electric Motors Market” report has been added to ResearchAndMarkets.com’s offering.
This Radar analyzes the industrial electric motors market. By definition, industrial electric motors are the electric motors used specifically for industrial applications such as power generation, oil and gas, transportation, water and wastewater, metals and mining, food and beverage, buildings, data centers, logistics, and others. Traction motors used in automotive applications are not included.
In addition to providing an industry overview and analyzing the key market trends driving the industry, this study offers a comprehensive description of market participants. Through the authors in-depth analysis built on a 360-degree research methodology, over 75 companies have been analyzed. Out of these, 23 companies have been objectively rated on two major indices - their innovation focus and growth performance - with each index having 5 criteria.
For each company profiled in the Radar, the major strengths and opportunities are highlighted along with their positioning on the Radar. These companies have been positioned under 4 sections: Visionaries, Disruptors, Contenders, and Agitators.
Through this analysis, the author finds that the visionaries in this mature market tend to leverage a clearly defined growth pipeline system to drive a significant portion of their growth from adjacent markets and new opportunities. They are also well-positioned to drive revenues by enhancing product differentiation, providing value-added services, tackling challenging applications with innovative solutions, and ushering in a wave of Industrial Internet of Things (IIoT)-related growth opportunities.
Other companies that are positioned as contenders have a more steadily evolving growth pipeline system and show strong revenue growth, albeit from existing core markets. These companies also exhibit a clear innovation process that prioritizes new product development and is able to push these solutions into the market. Going forward, the author expects smart motor solutions to continue to gain traction among customers, and the companies that are best positioned to serve these customers would remain at the top of the Radar, or move up if not already there.
The Radar reveals the market positioning of companies in an industry using their Growth and Innovation scores as highlighted in the Radar methodology. The document presents competitive profiles on each of the companies in the radar based on their strengths, opportunities, and a small discussion on their positioning.
The report analyzes hundreds of companies in the industry and benchmarks them across 10 criteria on the Radar, where the leading companies in the industry are then positioned. Industry leaders on both the Growth and Innovation indices are recognized as best practice recipients.
For more information about this report visit https://www.researchandmarkets.com/r/deiy4r
View source version on businesswire.com:https://www.businesswire.com/news/home/20190521005663/en/
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SOURCE: Research and Markets
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PUB: 05/21/2019 10:44 AM/DISC: 05/21/2019 10:44 AM