09202017Headline:

Motors and Drives Manufacturers in Southeast Asia and Australia-New Zealand Offer Smart Sensors and Best-in-class Systems

Jun 7, 2017 - (Newswire)

- Several factors are sustaining growth potential in the Southeast Asia and Australia-New Zealand motors and drives market despite reduced investment and sluggish economies. These include the adoption of smart sensors and government initiatives to develop infrastructure, improve energy efficiency, and provide safer water. Successful companies will be those that become one-stop providers, offer best-in-class systems, and build wide portfolios.

"When purchasing drives and motors, end users consider energy efficiency to control costs, performance of installation over time, and safety capabilities as key," said Frost & Sullivan Industrial Automation & Process Control Industry Analyst Krishnan Ramanathan. "They also look at the breadth of a supplier's portfolio as an indicator of their experience. End users expect this effort to eliminate problems at a later stage, save them time, and allow them to customize their purchase with low servicing and maintenance cost."

Southeast Asia and Australia-New Zealand Motors and Drives Market Outlook, 2017, part of Frost & Sullivan's Industrial Automation & Process Control, provides an understanding of the motors and drives market in Southeast Asia (Vietnam, Thailand, Malaysia, Singapore, Indonesia, and the Philippines) and Australia-New Zealand. It discusses the current market scenario and expected changes by analysing the trends impacting demand and use of motors and drives, including use of smart sensors in motors, setting of energy-efficiency norms, and potential integration problems. The market share and competitive landscape for major players such as ABB, Siemens A.G., TECO, Mitsubishi Electric and Toshiba are also discussed.

Click here to know more about Frost & Sullivan's research and to sign up for our Growth Strategy Dialogue, a complimentary one-hour interactive session with Frost & Sullivan's thought leaders.

Trends and developments driving growth in the Southeast Asia and Australia-New Zealand motors and drives market include:

  • Motors market boost in Vietnam, Indonesia and Malaysia due to significant investment;
  • Motors and drivers manufacturer expansion plans into emerging countries such as Vietnam and the Philippines;
  • A surge in foreign investment in Thailand's food and beverage industry that will drive demand for low-voltage (LV) integral horsepower (IHP) motors; and
  • Plans to build 90 solar power plants in Indonesia, which will boost the use of LV motors in the power generation industry.

"While obvious advantages are anticipated with the implementation of Internet of Industrial Things (IIoT), results are more likely to be felt in more developed countries such as Singapore and Australia. Growing economies may have opportunities, but they still lack infrastructure. Right now, the effort is to help these countries become ready for digitization, which is unlikely to be achieved in the short term," observed Ramanathan.

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants. For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Contact us: Start the discussion

Southeast Asia and Australia-New Zealand Motors and Drives Market Outlook, 2017
P95C-10

Contact:
Carrie Low
Corporate Communications - Asia-Pacific
P: +603 6204 5910
F: +603 6201 7402
E: carrie.low@frost.com

Melissa Tan
Corporate Communications - Asia-Pacific
P: +65 6890 0926
F: +65 6890 0999
E: melissa.tan@frost.com

www.frost.com

SOURCE Frost & Sullivan

Related Links

www.frost.com

Original Source: https://www.newswire.com/news/motors-and-drives-manufacturers-in-southeast-asia-and-australia-new-zealand

What Next?

Related Articles

Leave a Reply

Submit Comment