New ARC Advisory Group research on Integral Horsepower Medium Voltage Motors reveals that the motors are being updated with new technological features to fulfill many market demands and increase their value proposition, such as the growing demand for smart connected products based on Industrial Internet of Things (IIoT) or Industrie 4.0. Smart, connected products provide opportunities to increase operational efficiency from the plant floor to the supply chain by optimizing data, information, and analytics.
“Continuing innovations in sensor instrumentation, embedded advanced control algorithms, and predictive condition monitoring are all critical to the future of the connected machinery that will become integrated within the emerging IIoT or Industrie 4.0 infrastructure. With IIoT or Industrie 4.0, smart machines, inventory systems, and production machinery will improve industrial processes considerably, driving the use of more automation, including motors and AC drives. For example, internet connectivity allows industrial motors equipped with sensors to be controlled and monitored more intelligently than before, resulting in added value for industrial operations,” according to Naresh K. Surepelly, Senior Analyst at ARC Advisory Group and key author of ARC’s Integral Horsepower Medium Voltage Motors 2017-2022 Global Market Research report.
About the Medium Voltage Motors Research
This ARC research explores current market performance and related technology and business trends, identifies leading technology suppliers, and provides five-year global forecasts for the medium voltage motors market. This new research is based on ARC’s industry-leading market research database, extensive primary and secondary research, and proprietary economic modeling techniques. The research includes competitive analysis, plus five-year market forecasts by region, industry, power rating, voltage, revenue, sales channel, and customers.
This new research is available in a variety of formats to meet the specific research and budgetary requirements of a wide variety of organizations. These include a:
- Market Intelligence Workbook (Excel) – personalized spreadsheet includes the current base year market data and five-year market forecast. This workbook enables licensed users to freely manipulate the data to make it easier to analyze the latest data for business intelligence and generate custom reports.
- Concise Market Analysis Report (PDF) – provides an executive-level summary of the current market dynamics, market forecasts, and competitive analysis, plus an overview of strategic issues. The PDF is available with or without detailed charts.
For more information on this and other available ARC market research, please visit our Market Data & Studies section.