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Continued Demand for Oil and Gas Exploration Expands Opportunities for IEC- and NEMA-based Electric Motors
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This research service analyzes current and future trends in the Latin American electric motors market across various industries, including oil and gas, minerals and mining, cement, water and wastewater, chemical/petrochemical, food and beverage, and power generation. Analysis is based on end users and product types segmented as low voltage and medium voltage electric motors. Various market drivers and restraints and their impact over time are discussed. This research outlines the competitive structure and total market share analysis and concludes with 3 big market predictions. The forecast period is from 2014 to 2020, with 2013 as the base year.
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