Electric Motor Insulation Material Market: Overview
Due to the high coefficient of thermal conduction and the high use of automation in the manufacturing process, surface insulating material is used while winding is being pulled or inserted. Since electric motors are utilised in compressors, lathes, automobiles, power tools, and disc drives, demand for electric motor insulation is rising globally.
Electric motors are becoming more popular on the market due to their long operational life, low maintenance needs, low energy consumption, and great resistance to voltage fluctuations. Due to overload and fluctuating load, which may cause an excessive increase in operating temperature, a process that uses thermal ageing of insulation may degrade the reliability of the motor. The life of insulation materials can be impacted by a number of factors, including moisture, temperature, repetitive voltage, and chemical vapour.
In order to provide the magnetic field needed for an electric machine to rotate, the mica insulating material is frequently employed in coil and field coil applications, such as an electric motor and generator. As a result of their heavy reliance on agriculture, nations like Vietnam, Argentina, India, and Sri Lanka have seen a surge in the need for affordable, energy-efficient motors, which is fueling the expansion of the global market for electric motor insulating materials.
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Electric Motor Insulation Material Market: Dynamics:
Compact electric motor is frequently used in miniature appliance with wide ranging power supply such as heavy appliance, portability or replacement of faulty component is growing this market. Furthermore, government organization takes initiatives to reduce environmental pollution due to more carbon emission from vehicles. It is expected that these government initiatives will hike the global electric motor insulation material market in the forecast period.
Additionally, European government has encouraged the customer to adopt of eco-friendly vehicle due to the absolution of fuel ingestion tax for plug-in vehicles and also Japanese government has deducted tax and promoting the adoption of ecofriendly vehicle, on adoption of ecofriendly vehicle is triggering the growth of the global electric motor insulation material market.
Countries such as China, Argentina, Brazil and U.S. are adopting of high energy & efficiency motor in both agriculture and industrial application. Furthermore, the rising demand of HVAC (Heating, ventilation, and air conditioning) application in agriculture sector is boosting the global electric motor insulation material market.
Increasing raw material price, high initial purchase cost as well as lack of awareness of the advantages of electric motor is anticipated to hinder the global electric motor insulation material market. Furthermore, replacement of the electric motor in gas turbine in large industries is correspondingly expected to decline the growth of this market.
Due to escalating usage of servo motor, direct-drive motor for appliance and automated guided vehicle (AVG) are shifting from conventional motor to electric motor and tremendous advantages of electric motors will hike the global electric motor insulation market in the forecast period.
Electric Motor Insulation Material Market: Segmentation:
|basis of Types of motor||
|basis of Power Output range||
|basis of Voltage range||
|basis of RPM of motor||
|basis of Rating of insulation material||
|basis of Insulation material||
|basis of Application||
Electric Motor Insulation Material Market: Key Participants:
The key participants of Electric motor insulation material market are following:
- Ganapathy Industries
- KREMPEL GmbH
- IMPEX INSULATION
- Associated Gaskets
- Vitar Insulation Manufacturers Ltd
- Sahney Insulation Group
- Sichuan Dongfang Insulating Material Co., Ltd
- Von Roll Holding AG
- Variety Insulator
- Regal Beloit Corporation
- Henkel Ltd
- Integrated Power Services, LLC.
Electric Motor Insulation Material Market: Region-wise Outlook:
It is expected that Asia-Pacific is dominating in the global electric motor insulation market owing to continuously increasing industrialization and increasing demand of high efficiency and energy saving motor in countries such as China, Indonesia and India are anticipated to increase the demand for electric motor in Asia Pacific region. Furthermore, Europe and North America are endorsing increased inclination for electric motors that will accelerate the global electric motor insulation material market in the forecast period.
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