Description

This factbook on SEA and ANZ Electric Motors Market provides information on the motors primarily used for industrial and commercial applications across the region. The study discusses all of the key economies and provides a breakdown of revenue based on technology, end users and type of motor. Besides, the factbook also discusses the major participants and their market share in each country. Also included is the information on growth rates and distribution channels after considering the prevailing market scenario in the region.

Asia Pacific is an emerging region and is considered vital for motor manufacturers. The region is one of the major users of energy in the manufacturing sector. Some of the emerging countries in Southeast Asia, such as Vietnam, and Philippines are being considered by motors manufacturers for expansion. Even at a global level, Asia Pacific is among the largest contributors to revenue for suppliers of motors with over 30.0% share. At a regional level, Thailand, Malaysia, and Indonesia will continue to be important for suppliers to establish and sustain their market. This factbook also forecasts revenue until 2021 across key end users. There is also a break-up of the standards/efficiency regulations for motors across countries. Southeast Asia has established itself as a hub for investment. However, some countries are seen to possess better infrastructure to support investment than others. With governments looking to identify infrastructure gaps and improve energy efficiency, there have been concerted efforts to form public-private partnerships and increase foreign direct investment to improve the standard of living of its citizens. Some of the key industries have been impacted which will also reflect in the reduced adoption of motors.

Several major investments in oil and gas industry have been postponed as weak oil prices are impacting the industry. In the short term, this is expected to further reduce. In the power sector, although there is a move to promote clean energy, fossil fuels will be the principal source of power generation. Significant investments in countries like Vietnam, Indonesia and Malaysia, which are also key automation markets in the region, will also aid motors manufacturers. In the water and wastewater industry, demand for clean water and development of infrastructure in rural areas are expected to attract significant investments. Currently, there are several projects being executed in SEA and ANZ, indicating the potential in the industry. This factbook answers key questions pertaining to the industries that heavily use motors as innovation is not a major enabler in this category.