Non-Sparking Motors Market size is expected to reach nearly USD 205.78 Bn by 2030 with the CAGR of 4.2% during the forecast period.Non-sparking Motors Market Overview:
The utilization of engines inside industrial applications isn't new, and is perhaps the easiest means of changing over electrical energy into kinetic energy to do a task in applications going from household cloth washing to Pharmaceutical mixers, to oil penetrating, and substantially more. Alongside the boundaries of the application where the engine is to be utilized (for example speed, kW, frame, size), the user must consider the explosion protection strategies applied to the engine and the risky areas into which the engine will be mounted. Non-sparking engine is one such case of blast protection technique. Non-sparking security is applied to electric gear which don't cause start of an unstable climate under typical working conditions and in certain strange conditions. Non-sparking Motors are utilized in modern zones where under ordinary working conditions a dangerous climate will presumably not be available and, on the off chance that it is available, at that point this will be for a brief timeframe, that is, a combustible climate might be available incidentally.To know about the Research Methodology :- Request Free Sample Report This is a comprehensive international report targeted on present and future prospects of the Non-sparking Motors Market. This report presents a consolidation of primary and secondary analysis that provides market size, share, dynamics and forecast for numerous segments and sub-segments considering the macro and small environment factors. The report also covers an in-depth analysis of COVID 19 pandemic impact on the sales revenue of Non-sparking Motors Market by year-wise and region and on the key players revenue affected and expected short term and long-term impact on the market.
Non-sparking Motors market – Drivers and Restraints
The Non-sparking Motors market is foreseen to extend at a good development rate in the coming years. Increasing interest for petroleum, oil and gas, and compound items around the globe is the key factor that would drive the Non-sparking Motors market over the forecasting period. These industries with risky conditions are huge consumers of Non-sparking Motors, which is boosting the worldwide Non-sparking Motors market. Increment in deals and creation of gasoline controlled vehicles all around the world and ascend in number of petroleum based generators, little and recreational boats, and jet skis drive the market growth. Independent of these difficulties, increment sought after for natural gas-powered passenger fueled vehicles, innovative progressions, for example, new electrode material, are expected upon to make various open doors for the market players, hence boosting the market growth. Likewise, the extension of power generation and distribution framework globally is relied upon to drive the demand for Non-sparking Motors. Different figures, for example, industrial development projects, and expanding number of projects which include Non-sparking Motors in petrochemical refinery facilities, oil and gas, and mining are probably going to give great development chances to the Non-sparking Motors market during the forecast period. The high introductory capital venture, and utilization of high-class and expensive material in the assembling of engines might act as a restraint to the market. Moreover, to guarantee that the non-starting engine consistently gives greatest insurance and conveys superior, it is essential to do standard assistance and support. In most cases just approved work force is permitted to complete assistance and support. High maintenance and service cost can also act as one of the restrains of the Non-sparking Motors market. In any case, specialized progressions to scale back automotive engines and development in entrance of electric vehicle and electrically fueled working hardware, for example, mowers and saws hinder the growth of the Non-sparking motors marketNon-sparking Motors Market Competitive Landscape
The report has covered the key players’ analysis based on their financials, market penetration, market share and investment, etc. The report will help the reader to understand exactly where the companies are positioned in the market depending upon the above criteria. The analysis illustrates selective key players from a crowd, in turn, helps to sort out appropriate companies based on the convenience of the investors. Lawkin Ltd- It holds an investment in subsidiaries of INR 95.82 Cr. in 2019 and revenue of INR 99.04 Cr. The equity distribution and sales of the company are highly increasing. The company is undergoing some events for customer service and warranty of their products through offers, As the company is been acquired by Godrej. So the finished products are directly used for goods manufactured in Godrej industries. Rockwell Automation is one of the leading companies in automation solutions and automation products, The Company announces to increase in Dividends up to $1.70 per share as the sales for all the segments in the year is increased. Rockwell Automation invested a sum of $72.9 Mn in R&D and $739.9 Mn in Equity. Hoyer Motors is holding a strong position in the market with a revenue of $112.44 Mn and booking long positions in EBIT (Earnings before Interest and Taxes) with a growth of 92%. Hoyer motors is also taking some initiatives for quality development and other factors as Hoyer motors strengthen its co-operation with DNV GL to safeguard some environmental aspects and performance too. The company has updated energy requirements for electric motors on the way. Hoyer Motors has built a new test center for Motor characteristics and efficiency for the same. All key players hold for identical strategies in business this calculated prediction will help the investor to forecast the appropriate use of Funds. The objective of the report is to present a comprehensive analysis of the Non-sparking Motors Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Non-sparking Motors Market dynamics, structure by analyzing the market segments and project of the Non-sparking Motors Market size. Clear representation of competitive analysis of key players By Voltage, Price, Financial position, Product portfolio, Growth strategies, and Regional Presence in the Non-sparking Motors Market make the report investor’s guide.Scope of Non-sparking Motors Market: Inquire before buying
Global Non-sparking Motors Market Report Coverage Details Base Year: 2023 Forecast Period: 2024-2030 Historical Data: 2018 to 2023 Market Size in 2023: USD 154.29 Bn. Forecast Period 2024 to 2030 CAGR: 4.2% Market Size in 2030: USD 205.78 Bn. Segments Covered: by Voltage Low Voltage Non Sparking Motor High Voltage Non Sparking Motor by End User Chemical Industries Petrochemical Refineries Oil & Gas Mines Others Non-sparking Motors Market, by Region
North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina Rest of South America)Non-sparking Motors Market, Key Players
1. ABB, General Electric 2. Rockwell Automation 3. Siemens 4. WEG 5. Kurt Maier Motor Press Pty Ltd 6. Hoyer Motors 7. Nidec Industrial Solutions 8. Dietz Electric Co. Inc 9. NORD Drivesystems 10. Lawkim Ltd 11. NEW BHARAT 12. Power Transmission Equipment Limited 13. Winkelmann Electromotoren GmbH & Co. KG. Frequently Asked Questions: 1. Which region has the largest share in Global Non-Sparking Motors Market? Ans: Asia Pacific region held the highest share in 2023. 2. What is the growth rate of Global Non-Sparking Motors Market? Ans: The Global Non-Sparking Motors Market is growing at a CAGR of 4.2% during forecasting period 2024-2030. 3. What is scope of the Global Non-Sparking Motors Market report? Ans: Global Non-Sparking Motors Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global Non-Sparking Motors Market? Ans: The important key players in the Global Non-Sparking Motors Market are – ABB, General Electric, Rockwell Automation, Siemens, WEG, Kurt Maier Motor Press Pty Ltd, Hoyer Motors, Nidec Industrial Solutions, Dietz Electric Co. Inc, NORD Drivesystems, Lawkim Ltd, NEW BHARAT, Power Transmission Equipment Limited, Winkelmann Electromotoren GmbH & Co. KG. 5. What is the study period of this Market? Ans: The Global Non-Sparking Motors Market is studied from 2023 to 2030.
Non-Sparking Motors Market 1. Preface 1.1. Report Scope and Market Segmentation 1.2. Research Highlights 1.3. Research Objectives 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Non-sparking Motors Market size, by Market Value (US$ Mn) 4. Market Overview 4.1. Introduction 4.2. Market Indicator 4.2.1. Drivers 4.2.2. Restraints 4.2.3. Opportunities 4.2.4. Challenges 4.3. Porter’s Analysis 4.4. Value Chain Analysis 4.5. Market Risk Analysis 4.6. SWOT Analysis 4.7. Industry Trends and Emerging Technologies 5. Supply Side and Demand Side Indicators 6. Non-sparking Motors Market Analysis and Forecast 7. Non-sparking Motors Market Analysis and Forecast, By Voltage 7.1. Introduction and Definition 7.2. Key Findings 7.3. Non-sparking Motors Market Value Share Analysis, By Voltage 7.4. Non-sparking Motors Market size (US$ Mn) Forecast, By Voltage 7.5. Non-sparking Motors Market Analysis, By Voltage 7.6. Non-sparking Motors Market Attractiveness Analysis, By Voltage 8. Non-sparking Motors Market Analysis and Forecast, By End-User 8.1. Introduction and Definition 8.2. Key Findings 8.3. Non-sparking Motors Market Value Share Analysis, By End-User 8.4. Non-sparking Motors Market size (US$ Mn) Forecast, By End-User 8.5. Non-sparking Motors Market Analysis, By End-User 8.6. Non-sparking Motors Market Attractiveness Analysis, By End-User 9. Non-sparking Motors Market Analysis and Forecast, by Region 9.1. Introduction and Definition 9.2. Key Findings 9.3. Non-sparking Motors Market Value Share Analysis, by Region 9.4. Non-sparking Motors Market Size (US$ Mn) Forecast, by Region 9.5. Non-sparking Motors Market Analysis, by Region 9.6. Non-sparking Motors Market Attractiveness Analysis, by Region 10. Non-sparking Motors Market Analysis 10.1. Key Findings 10.2. Non-sparking Motors Market Overview 10.3. Non-sparking Motors Market Forecast, By Voltage 10.3.1. Low Voltage Non Sparking Motor 10.3.2. High Voltage Non Sparking Motor 10.4. Non-sparking Motors Market Forecast, By End-User 10.4.1. Chemical Industries 10.4.2. Petrochemical Refineries 10.4.3. Oil & Gas 10.4.4. Mines 10.4.5. Others 10.5. Non-sparking Motors Market Forecast, by Region 10.5.1. North America 10.5.2. Europe 10.5.3. Asia-Pacific 10.5.4. MEA & Africa 10.5.5. Latin America 10.6. PEST Analysis 10.7. Key Trends 10.8. Key Developments 11. North-America Non-sparking Motors Market Analysis 11.1. Key Findings 11.2. North-America Non-sparking Motors Market Overview 11.3. North-America Non-sparking Motors Market, By Voltage 11.3.1. Low Voltage Non Sparking Motor 11.3.2. High Voltage Non Sparking Motor 11.4. North-America Non-sparking Motors Market, By End-User 11.4.1. Chemical Industries 11.4.2. Petrochemical Refineries 11.4.3. Oil & Gas 11.4.4. Mines 11.4.5. Others 11.5. North-America Non-sparking Motors Market Forecast, by Country 11.5.1. US 11.5.2. Canada 11.6. US Non-sparking Motors Market, By Voltage 11.6.1. Low Voltage Non Sparking Motor 11.6.2. High Voltage Non Sparking Motor 11.7. US Non-sparking Motors Market, By End-User 11.7.1. Chemical Industries 11.7.2. Petrochemical Refineries 11.7.3. Oil & Gas 11.7.4. Mines 11.8. Canada Non-sparking Motors Market Forecast, By Voltage 11.8.1. Low Voltage Non Sparking Motor 11.8.2. High Voltage Non Sparking Motor 11.9. Canada Non-sparking Motors Market, By End-User 11.9.1. Chemical Industries 11.9.2. Petrochemical Refineries 11.9.3. Oil & Gas 11.9.4. Mines 11.9.5. Others 11.10. PEST Analysis 11.11. Key Trends 11.12. Key Developments 12. Europe Non-sparking Motors Market Analysis 12.1. Key Findings 12.2. Europe Non-sparking Motors Market Overview 12.3. Europe Non-sparking Motors Market, By Voltage 12.3.1. Low Voltage Non Sparking Motor 12.3.2. High Voltage Non Sparking Motor 12.4. Europe Non-sparking Motors Market, By End-User 12.4.1. Chemical Industries 12.4.2. Petrochemical Refineries 12.4.3. Oil & Gas 12.4.4. Mines 12.4.5. Others 12.5. Europe Non-sparking Motors Market Forecast, by Country 12.5.1. UK 12.5.2. France 12.5.3. Germany 12.5.4. Russia 12.5.5. Italy 12.5.6. Rest of Europe 12.6. UK Non-sparking Motors Market, By Voltage 12.6.1. Low Voltage Non Sparking Motor 12.6.2. High Voltage Non Sparking Motor 12.7. UK Non-sparking Motors Market, By End-User 12.7.1. Chemical Industries 12.7.2. Petrochemical Refineries 12.7.3. Oil & Gas 12.7.4. Mines 12.7.5. Others 12.8. France Non-sparking Motors Market, By Voltage 12.8.1. Low Voltage Non Sparking Motor 12.8.2. High Voltage Non Sparking Motor 12.9. France Non-sparking Motors Market, By End-User 12.9.1. Chemical Industries 12.9.2. Petrochemical Refineries 12.9.3. Oil & Gas 12.9.4. Mines 12.9.5. Others 12.10. Germany Non-sparking Motors Market, By Voltage 12.10.1. Low Voltage Non Sparking Motor 12.10.2. High Voltage Non Sparking Motor 12.11. Germany Non-sparking Motors Market, By End-User 12.11.1. Chemical Industries 12.11.2. Petrochemical Refineries 12.11.3. Oil & Gas 12.11.4. Mines 12.11.5. Others 12.12. Russia Non-sparking Motors Market, By Voltage 12.12.1. Low Voltage Non Sparking Motor 12.12.2. High Voltage Non Sparking Motor 12.13. Russia Non-sparking Motors Market, By End-User 12.13.1. Chemical Industries 12.13.2. Petrochemical Refineries 12.13.3. Oil & Gas 12.13.4. Mines 12.13.5. Others 12.14. Italy Non-sparking Motors Market, By Voltage 12.14.1. Low Voltage Non Sparking Motor 12.14.2. High Voltage Non Sparking Motor 12.15. Italy Non-sparking Motors Market, By End-User 12.15.1. Chemical Industries 12.15.2. Petrochemical Refineries 12.15.3. Oil & Gas 12.15.4. Mines 12.15.5. Others 12.16. Spain Non-sparking Motors Market, By Voltage 12.16.1. Low Voltage Non Sparking Motor 12.16.2. High Voltage Non Sparking Motor 12.17. Spain Non-sparking Motors Market, By End-User 12.17.1. Chemical Industries 12.17.2. Petrochemical Refineries 12.17.3. Oil & Gas 12.17.4. Mines 12.17.5. Others 12.18. Rest of Europe Non-sparking Motors Market, By Voltage 12.18.1. Low Voltage Non Sparking Motor 12.18.2. High Voltage Non Sparking Motor 12.19. Rest of Europe Non-sparking Motors Market, By End-User 12.19.1. Chemical Industries 12.19.2. Petrochemical Refineries 12.19.3. Oil & Gas 12.19.4. Mines 12.19.5. Others 12.20. PEST Analysis 12.21. Key Trends 12.22. Key Developments 13. Asia-Pacific Non-sparking Motors Market Analysis 13.1. Key Findings 13.2. Asia-Pacific Non-sparking Motors Market Overview 13.3. Asia-Pacific Non-sparking Motors Market, By Voltage 13.3.1. Low Voltage Non Sparking Motor 13.3.2. High Voltage Non Sparking Motor 13.4. Asia-Pacific Non-sparking Motors Market, By End-User 13.4.1. Chemical Industries 13.4.2. Petrochemical Refineries 13.4.3. Oil & Gas 13.4.4. Mines 13.4.5. Others 13.5. Asia-Pacific Non-sparking Motors Market Forecast, by Country 13.5.1. China 13.5.2. India 13.5.3. Japan 13.5.4. Malaysia 13.5.5. Indonesia 13.5.6. Rest of Asia-Pacific 13.6. China Non-sparking Motors Market, By Voltage 13.6.1. Low Voltage Non Sparking Motor 13.6.2. High Voltage Non Sparking Motor 13.7. China Non-sparking Motors Market, By End-User 13.7.1. Chemical Industries 13.7.2. Petrochemical Refineries 13.7.3. Oil & Gas 13.7.4. Mines 13.8. India Non-sparking Motors Market, By Voltage 13.8.1. Low Voltage Non Sparking Motor 13.8.2. High Voltage Non Sparking Motor 13.9. India Non-sparking Motors Market, By End-User 13.9.1. Chemical Industries 13.9.2. Petrochemical Refineries 13.9.3. Oil & Gas 13.9.4. Mines 13.9.5. Others 13.10. Japan Non-sparking Motors Market, By Voltage 13.10.1. Low Voltage Non Sparking Motor 13.10.2. High Voltage Non Sparking Motor 13.11. Japan Non-sparking Motors Market, By End-User 13.11.1. Chemical Industries 13.11.2. Petrochemical Refineries 13.11.3. Oil & Gas 13.11.4. Mines 13.12. Indonesia Non-sparking Motors Market, By Voltage 13.12.1. Low Voltage Non Sparking Motor 13.12.2. High Voltage Non Sparking Motor 13.13. Indonesia Non-sparking Motors Market, By End-User 13.13.1. Chemical Industries 13.13.2. Petrochemical Refineries 13.13.3. Oil & Gas 13.13.4. Mines 13.13.5. Others 13.14. Malaysia Non-sparking Motors Market, By Voltage 13.14.1. Low Voltage Non Sparking Motor 13.14.2. High Voltage Non Sparking Motor 13.15. Malaysia Non-sparking Motors Market, By End-User 13.15.1. Chemical Industries 13.15.2. Petrochemical Refineries 13.15.3. Oil & Gas 13.15.4. Mines 13.15.5. Others 13.16. Indonesia Non-sparking Motors Market, By Voltage 13.16.1. Low Voltage Non Sparking Motor 13.16.2. High Voltage Non Sparking Motor 13.17. Indonesia Non-sparking Motors Market, By End-User 13.17.1. Chemical Industries 13.17.2. Petrochemical Refineries 13.17.3. Oil & Gas 13.17.4. Mines 13.17.5. Others 13.18. PEST Analysis 13.19. Key Trends 13.20. Key Developments 14. MEA & Africa Non-sparking Motors Market Analysis 14.1. Key Findings 14.2. MEA & Africa Non-sparking Motors Market Overview 14.3. MEA &Africa Non-sparking Motors Market, By Voltage 14.3.1. Low Voltage Non Sparking Motor 14.3.2. High Voltage Non Sparking Motor 14.4. MEA &Africa Non-sparking Motors Market, By End-User 14.4.1. Chemical Industries 14.4.2. Petrochemical Refineries 14.4.3. Oil & Gas 14.4.4. Mines 14.4.5. Others 14.5. MEA &Africa Non-sparking Motors Market Forecast, by Country 14.5.1. GCC 14.5.2. South Africa 14.5.3. Rest of MEA & Africa 14.6. GCC Non-sparking Motors Market, By Voltage 14.6.1. Low Voltage Non Sparking Motor 14.6.2. High Voltage Non Sparking Motor 14.7. GCC Non-sparking Motors Market, By End-User 14.7.1. Chemical Industries 14.7.2. Petrochemical Refineries 14.7.3. Oil & Gas 14.7.4. Mines 14.7.5. Others 14.8. South Africa Non-sparking Motors Market, By Voltage 14.8.1. Low Voltage Non Sparking Motor 14.8.2. High Voltage Non Sparking Motor 14.9. South Africa Non-sparking Motors Market, By End-User 14.9.1. Chemical Industries 14.9.2. Petrochemical Refineries 14.9.3. Oil & Gas 14.9.4. Mines 14.9.5. Others 14.10. Rest of MEA &Africa Non-sparking Motors Market, By Voltage 14.10.1. Low Voltage Non Sparking Motor 14.10.2. High Voltage Non Sparking Motor 14.11. Rest of MEA &Africa Non-sparking Motors Market, By End-User 14.11.1. Chemical Industries 14.11.2. Petrochemical Refineries 14.11.3. Oil & Gas 14.11.4. Mines 14.11.5. Others 14.12. PEST Analysis 14.13. Key Trends 14.14. Key Developments 15. Latin America Non-sparking Motors Market Analysis 15.1. Key Findings 15.2. Latin America Non-sparking Motors Market Overview 15.3. Latin America Non-sparking Motors Market, By Voltage 15.3.1. Low Voltage Non Sparking Motor 15.3.2. High Voltage Non Sparking Motor 15.4. Latin America Non-sparking Motors Market, By End-User 15.4.1. Chemical Industries 15.4.2. Petrochemical Refineries 15.4.3. Oil & Gas 15.4.4. Mines 15.4.5. Others 15.5. Latin America Non-sparking Motors Market Forecast, by Country 15.5.1. Mexico 15.5.2. Brazil 15.5.3. Rest of Latin America 15.6. Mexico Non-sparking Motors Market, By Voltage 15.6.1. Low Voltage Non Sparking Motor 15.6.2. High Voltage Non Sparking Motor 15.7. Mexico Non-sparking Motors Market, By End-User 15.7.1. Chemical Industries 15.7.2. Petrochemical Refineries 15.7.3. Oil & Gas 15.7.4. Mines 15.7.5. Others 15.8. Brazil Non-sparking Motors Market, By Voltage 15.8.1. Low Voltage Non Sparking Motor 15.8.2. High Voltage Non Sparking Motor 15.9. Brazil Non-sparking Motors Market, By End-User 15.9.1. Chemical Industries 15.9.2. Petrochemical Refineries 15.9.3. Oil & Gas 15.9.4. Mines 15.9.5. Others 15.10. Rest of Latin America Non-sparking Motors Market, By Voltage 15.10.1. Low Voltage Non Sparking Motor 15.10.2. High Voltage Non Sparking Motor 15.11. Rest of Latin America Non-sparking Motors Market, By End-User 15.11.1. Chemical Industries 15.11.2. Petrochemical Refineries 15.11.3. Oil & Gas 15.11.4. Mines 15.11.5. Others 15.12. PEST Analysis 15.13. Key Trends 15.14. Key Developments 16. Company Profiles 16.1. Market Share Analysis, by Company 16.2. Market Share Analysis, by Region 16.3. Market Share Analysis, by Country 16.4. Competition Matrix 16.4.1. Competitive Benchmarking of key players by price, presence, market share, Material and R&D investment 16.4.2. New Product Launches and Product Enhancements 16.4.3. Market Consolidation 16.4.3.1. M&A by Regions, Investment and Material 16.4.3.2. M&A Key Players, Forward Integration and Backward Integration 16.5. Company Profiles: Key Players 16.5.1. ABB 16.5.2. General Electric 16.5.3. Rockwell Automation 16.5.4. Siemens 16.5.5. WEG 16.5.6. Kurt Maier Motor Press Pty Ltd 16.5.7. Hoyer Motors 16.5.8. Nidec Industrial Solutions 16.5.9. Dietz Electric Co. Inc 16.5.10. NORD Drivesystems 16.5.11. Lawkim Ltd 16.5.12. NEW BHARAT 16.5.13. Power Transmission Equipment Limited 16.5.14. Inkelmann Electromotoren GmbH & Co. KG Primary Key Insights.
