You are currently viewing Latin America Electric Motors and Generators Market is Likely to Score an Ace During 2023-2028 with the Rise in Industrialisation and Electrification of Business Units

Latin America Electric Motors and Generators Market is Likely to Score an Ace During 2023-2028 with the Rise in Industrialisation and Electrification of Business Units

El informe del estudio de mercado de Informes de Expertos titulado, ‘El Mercado de Motores y Generadores Eléctricos en America Latina, Informe y Pronóstico 2023-2028′, ofrece una visión estructurada del mercado, examinando sus diversos segmentos y variables clave como tipo, aplicación de motores eléctricos, generación de energía y las regiones. La investigación recoge un sólido pronóstico de la presencia de factores clave de éxito y limitaciones, sigue a los proveedores bien establecidos y las últimas tendencias de la industria que impactan en el objetivo de crecimiento del mercado global. También evalúa la dinámica del mercado y la relación entre la demanda de los consumidores y el precio del producto, junto con la auditoría de los modelos FODA y de las cinco fuerzas de Porter.

The market study report by Informes de Expertos titled, ‘Latin America Electric Motors and Generators Market 2023-2028’ , gives structured insights into the market, examining its diverse segments and key variables such as type, application of electric motors, power generation, and key regions. The research gathers robust forecasting of the presence of key success factors and constraints, tracks well-established vendors, and the latest trends in the industry that impact the growth goal of the overall market. It also assesses the market dynamics, and the relationship between consumer demand and product price, coupled with the audit of SWOT and Porter’s Five Forces models.

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Los aspectos más destacados del informe incluyen:

Visión general del mercado (2018-2028)

• CAGR para el período de pronóstico (2023-2028): 3,5%

Se prevé que el mercado de motores y generadores eléctricos en America Latina suba a una tasa fuerza durante 2023-2028. El mercado objetivo en la región alcanzó un valor de 7,2 millones de USD en el año 2021 debido a la creciente necesidad de suministro eléctrico ininterrumpido. La necesidad de pequeños motores eléctricos es cada vez mayor debido al uso creciente de dispositivos eléctricos en miniatura en diversos sectores, como la construcción y la medicina, entre otros que está influyendo en el mercado.

Aparte de, se estima que el desarrollo de nuevos generadores eléctricos que predicen las necesidades de energía mientras trabaja discretamente para optimizar la rentabilidad y la comodidad impulsará aún más la expansión del mercado durante el período de pronóstico. Asimismo, los avances tecnológicos que incluyen inteligencia artificial (IA) para automatizar los controles de los motores eléctricos al tiempo que aumentan la eficiencia están ampliando sus aplicaciones en sectores clave, lo que se espera que acelere el crecimiento del mercado.

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Industry Definition and Major Segments

An electric motor is a machine that uses electromagnetic principles to transform electrical into kinetic energy. A machine that changes electricity from mechanical energy for uniform distribution over power lines is called an electrical generator. In numerous sectors, these designs are frequently used to control and convert the voltage, frequency, and power phases of electricity.

The major types of electric motors and generators markets are:

• AC Motors
• DC Motors

Based on application, the market is classified into:

• Industrial
• Residential and Commercial
• E-Mobility
• Others

As per power generation, the market is classified into:

• Thermal
• Hydro
• Nuclear
• Wind
• Others

Key regions covered include:

• Brazil
• Argentina
• Mexico
• Others

Market Trends

The market outlook in Latin America is shifting as more and more companies are adopting affordable electric motors and generators due to Rapid urbanisation, greater electrification, industrialization, technical improvements, and government initiatives. In addition, electric motors are becoming more popular as a greener substitute for their gas-burning counterparts, thus stimulating the target market in the long run.

The directrices by the government to outdo sustainable manufacturing of electric generators and motors to reduce carbon footprints for better future development and prevent climate change is influencing part designing of motors and generators. The key players in the industry are pushing their research and innovation units to indulge in R&D for better product development in Latin America for the fulfilment of ecological and business commitments.

Key Market Players

The major players in the market are:

• ABB Ltd
• Siemens AG
• General Electric
• Rockwell Automation, Inc.
• Nidec Corporation
• Mitsubishi Heavy Industries, Ltd.
• Atlas Copco
• Others

This report covers their profiles and provides information on expansions, investments and mergers and acquisitions, among other latest industry developments.

About Us:

Informes de Expertos, the Spanish variant of Expert Market Research, is a platform that offers market research and consultancy services to a broad clientele base across Spanish speaking countries. With our primary focus on the Latin America and Spain markets, our research experts provide relevant and actionable insights into the markets and track major trends, economic developments, and global trade data.

Determined to bring client satisfaction, we make sure that our tailored approach meets the client’s unique market intelligence requirements. Our syndicated and customized research reports cover a wide spectrum of industries ranging from pharmaceuticals and food and beverage to packaging, logistics, and transportation.

Media Contact

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Email: sales@informesdeexpertos.com
Toll Free Number: +1 (818) 319-4060
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Expert Market Research

Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally. At Expert Market Research, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.