Market Share of Asia-Pacific Induction Motor Industry
The Asia-Pacific induction motor market is fragmented owing to the presence of local and international players that offer induction motors with technological advancements. The key vendors in the market are taking initiatives such as mergers, acquisitions, and product launches to enhance their presence in the market.
- January 2022 - With efficient solutions in the mining sector, WEG supplied a slip ring motor from the M Mining line, frame 560, 1,300 kW, 3,300 V, four poles, and 50 Hz to drive the ball mill of a mining company in Argentina.
Asia Pacific Induction Motor Market Leaders
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Nidec Corporation
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Regal Rexnord Corporation
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Siemens AG
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TMEIC
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ABB Ltd
*Disclaimer: Major Players sorted in no particular order
