| Focus on High-Efficiency Motors Spurs Increased Production
Leading manufacturers of alternating current (AC) integral horsepower
motors are striving to increase the efficiency of their products beyond
governmental requirements. An array of high-efficiency motors is expected
to appeal to original equipment manufacturers (OEMs), since their
customers are demanding precision engineered and more reliable equipment.
While interest is growing, participants must continue to emphasize the
long-term cost benefits associated with these motors in order to
accelerate sales.
This Frost & Sullivan study analyzes the North American markets for AC
integral horsepower motors, including segments for premium efficiency,
standard efficiency, and large induction motors. By tracking industry trends
and monitoring end-user requirements, this study gives its users an unequaled
tool for maximizing their revenue potential.
Overseas Entrants Intensify Market Competition
"Competitors from Eastern Europe and Asia are offering competitive products
at lower prices within North American markets," says the study’s author.
"These new entrants are seeking large OEMs, which buy in large unit volumes."
Foreign companies are likely to target lower-volume markets in the
future, threatening to usurp market share from North American firms.
While pricing will remain a significant issue, North American firms can retain
their consumer base by emphasizing other qualities. "Service, technical
expertise, a broad product range, and an understanding of customer demands
will help manufacturers compete more effectively in this marketplace," states
the analyst. This study identifies the key challenges and highlights winning
strategies, helping your company develop a successful business plan.
Mexican Sector Shows Great Promise
"Having recently signed a free trade agreement with the European Union
combined with its participation in the North American Free Trade
Agreement, Mexico has open trading abilities unparalleled in North America,"
says the author. “These agreements should inspire an increase in
manufacturing facilities and a resultant increase in the demand for AC integral
horsepower motors in production processes."
By evaluating Canadian, U.S., and Mexican market sectors and pinpointing
emerging opportunities, this study will enable your firm to capitalize on areas
with the greatest potential.
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