INDUSTRIAL MOTORS MARKET ANALYSIS
Global Industrial Motors Market: Key Developments
In February 2020, General Electric Company, announced successful delivery of the variable-speed drive system (VSDS) and e-house to Shell Nederland Chemie BV. The VSDS system of GE comprises a high-speed induction motor along with a variable speed drive that is capable of steadily reach over 90% energy efficiency for the compressor train.
In January 2020, ABB introduced its AXW 315 and 400 IEC water-cooled motors that offer high watts per Kg than traditional totally-enclosed fan-cooled motors. These motors can deliver 40% higher power compared to traditional fan-cooled designs.
In February 2020, Rockwell Automation Inc., announced the acquisition of the ASEM SpA, who offers a complete range of Industrial PCs, remote access capabilities, Human-Machine Interface hardware and software, and secure Industrial IoT gateway solutions.
In January 2021, Rockwell Automation completed acquisition of Fiix Inc. This acquisition will make addition of Fiix advances to software strategy and enhances capabilities of Rockwell Automation in its Lifecycle Services business.
Industrial Motors Market Report Snapshots
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