7 Pages
English

Frost & Sullivan: Energy Efficiency Regulations Fuel Adoption of Higher Priced IE3 Class Induction Motors in Western Europe

Gain access to the library to view online
Learn more

Description

Frost & Sullivan: Energy EfficiencyFrost & Sullivan: Energy Efficiency Regulations Fuel Adoption of Higher Priced IE3 Class Induction Motors in Western Europe PR Newswire LONDON, Feb. 4, 2014 - Offering value-added services along with strategic pricing will energise sales In Europe, industrial electric motors are responsible for consuming about 70 percent of the energy produced, making them one of the most widely used electrical loads across all industries. The overall power consumption by a motor over its lifespan also accounts for about 85 percent of its lifetime costs. Realizing this, end users are looking to reduce energy consumption and operational costs by replacing old motors with more energy-efficient ones. Along with the upcoming Phase 2 of motor energy efficiency regulations (640/2009/EC), these factors are expected to sustain the growth of the Western European electric motors market. New analysis from Frost & Sullivan (http://www.motors.frost.com), Analysis of the Western European Electric Motors Market, finds that the market earned revenues of $5.16 billion in 2013 and estimates this to reach $5.94 billion in 2017. The research covers fractional horse power and integral horse power (IHP) motors. The first phase of the EU energy-efficiency directive was implemented in 2011. The second phase, which requires induction motors with a power output range between 7.

Subjects

Informations

Published by
Published 04 February 2014
Reads 6
Language English
Frost & Sullivan: Energy Efficiency Regulations Fuel Adoption of Higher Priced IE3 Class Induction Motors in Western Europe

PR Newswire

- Offering value-added services along with strategic pricing will energise sales