AC Synchronous Reluctance Motors (SynRM) Market
AC Synchronous Reluctance Motors (SynRM) Market
Scope: Industry Analysis, Market Size, Growth, Trends Till 2031
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AC Synchronous Reluctance Motors (SynRM) Market Size and Growth
The AC Synchronous Reluctance Motors (SynRM) market research report analyzes market conditions and forecasts growth opportunities. The global SynRM market size is projected to reach $1.3 billion by 2025. Factors driving market growth include increasing demand for energy-efficient motors and advancements in industrial automation technologies.
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Companies Covered
(Covid 19 Impact Covered)
◍ ABB
◍ Siemens
◍ KSB (REEL)
◍ Danfoss
◍ Bonfiglioli
◍ Oemer Motors
◍ Relaoto
◍ Mark Elektriks
◍ Nidec Leroy-Somer
The competitive landscape of the AC synchronous reluctance motors (SynRM) market includes companies such as ABB, Siemens, KSB (REEL), Danfoss, Bonfiglioli, Oemer Motors, Relaoto, Mark Elektriks, and Nidec LeroySomer. These companies offer a range of SynRM products for various applications, contributing to the growth of the market.
- ABB reported sales revenue of $27.93 billion in 2020 - Siemens reported sales revenue of $57.14 billion in 2020
- KSB (REEL) reported sales revenue of $2.54 billion in 2020 Request Sample Report
Market Segmentation
By Application
◍ Process Industries
◍ Discrete Industries
◍ Transportation
By Product
◍ 0-30 KW
30-100 KW ◍ Above 100 KW
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Market Growth
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$ X Billion USD