The global site of the UK's leading magazine for automation, motion engineering and power transmission
21 September, 2018

Product and Supplier Search

Facebook
Long lead times delay downturn for large motors
Published:  28 August, 2009

The long lead times (of up to a year) for large motors will delay the downturn in this sector until 2010, a new report predicts. IMS Research says that 2009 sales will be at least 5% higher than in 2008, but that in 2010 sales will drop by more than 15%, and the number of motors shipped will fall by 13%.

Last year, the global market for large motors experienced double-digit growth, both in terms of revenue and motors sold, to reach a value of $3.5bn and a total of more than 28,000 motors shipped.

IMS expects a “gradual and prolonged” recovery in the market after 2010, with double-digit growth rates returning by 2012.

ABB and Siemens continue to dominate the global market for large motors, IMS reports. Other significant players include GE, Converteam, Teco and the Toshiba-Mitsubishi joint venture, TMEIC. Western Europe, the US and China together account for 62% of total market revenues.

Magazine
  • To view a digital copy of the latest issue of Drives & Controls, click here.

    To visit the digital library of past issues, click here

    To subscribe to the magazine, click here

    To see the latest Products & Services Directory, click here

     

Exhibition

Birmingham 2020The next Drives & Controls Exhibition and Conference will take place in Birmingham, UK, from 21-23 April, 2020. For more information on the event, visit the Show Web site

Poll

"Do you think that robots create or destroy jobs?"

Newsletter
Newsletter

Events

Most Read Articles