DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/a30d59/electric_motors_ma) has announced the addition of Frost & Sullivan's new report "Electric Motors Market in Japan" to their offering.
This Frost & Sullivan research service titled Electric Motors Market in Japan analyses the advancements in the motors industry and the guidelines laid down by the country's government with regard to the efficiency. This study focuses on the high-efficiency motors and examines the drivers and restraints for growth, pricing and technology trends. It also attempts to forecast the revenues in the market for the next seven years. The key market participants and their respective market shares have also been analysed. This research analyzes the following technologies: AC asynchronous, AC synchronous and DC motors.
High Energy Consumption of Electric Motors Compel Industries to Turn to High-Efficiency Electric Motors
With electric motors consuming 60 per cent of all electricity used in industries, end users realise that they have to focus their energy conservation efforts on getting their industrial plants fitted with energy-efficient motors. The recent initiatives to lower carbon dioxide emissions have led to numerous customers opting for high-efficiency equipment in their production facilities. High-energy efficiency motors are 15 to 25 per cent costlier than a standard efficiency one. Manufacturers can justify these high costs with their significant life cycle savings - at 96 per cent motor efficiency, end users can save up to 10 per cent in energy costs.
End Users Attracted by the Longer Life Span of High-efficiency Motors
This gradual shift in priority is a leap forward for the mature Japanese electric motors market. The average life span, including repairs, for a standard-efficiency motor rated between 7.5 kW to 75 kW and operating daily at about 75 per cent of full load is approximately 12 years, says the analyst of this research. This increases to about 13.5 years with the use of a high-efficiency motor and even longer with a premium-efficiency one. The market is expected to eventually settle with long-life motors until the next inflection point in energy efficiency improvement.
Overall, expanding cities and the consequent need for infrastructure and alternate sources of energy and other resources will drive the need for advanced technology motors in Japan, notes the analyst. To cater to the potential hike in demand, manufacturers in Japan are looking to establish joint ventures with companies in China and India.
Key Topics Covered:
- Total Electric Motors Market in Japan
- Industry Challenges
- Market Drivers and Restraints
- Market Engineering Measurements
- Revenue forecasts for Total Electric Motors Market
- Competitive Analysis
- Market Trends
For more information visit http://www.researchandmarkets.com/research/a30d59/electric_motors_ma.