The global smart motor protector market is anticipated to grow at a CAGR of 12.3% during the forecast period (2023-2030). Motor protection is used to prevent damage to the electrical motor, such as internal faults in the motor. An increasing demand for energy-efficient solutions in various verticals is a key driving factor. Integration of smart motor protectors in a robotic process helps to conserve energy. According to the United States Agency for International Development (USAID), electric motors (including those that drive pumps) account for 69.0% of electricity use in the industrial sector, 38.0% in the commercial sector, 22.0% in the residential sector, and 39.0% in the transportation and agriculture sectors combined.
Browse the full report description of “Smart Motor Protector Market Size, Share & Trends Analysis Report by Configuration (Low Powered and High Powered), by Voltage (Less Than 1000V, 1001V to 3000V and More than 3001V), and by End-User (Chemical Industry, Power Plant, Pump Station, Mining Industry, Metallurgical Industry and Others), Forecast Period (2023-2030)” at https://www.omrglobal.com/industry-reports/smart-motor-protector-market
The unbalanced input three-phase electricity or the long motor working time may cause the motor to overheat. It will reduce the motor's efficiency and increase the risk of malfunctioning and other problems. As a result, the smart motor protector works to keep overheating away. The embedded motor protector technology is designed to provide enhanced performance and reliability for automotive and industrial applications. For instance, in July 2023, TDK Corp. is expanding its Micronas embedded motor controller family HVC with the HVC 5223C, an Automotive Grade 1 qualified, fully integrated motor controller to drive small brushed (BDC) or brushless (BLDC) motors with a peak phase current of 2 A.
Electric power applications and now has been adapted for industrial uses. For instance, in August 2020, Mitsubishi Electric Corp. launched its LV100-type T-series insulated-gate bipolar transistor (IGBT) module for industrial uses. It is expected to help reduce the size and power loss of power converters, specifically inverters used for renewable energy applications such as photovoltaic and wind-power generation, and also high-capacity motor drives.
Various smart motor protectors for switch device performance in applications such as motor protection, power tools, DC-DC converters, EV charging stations and others. For instance, in March 2022, Infineon Technologies AG launched a new EiceDRIVER™ 2EDN product family. Aiming at space-limited designs, the next-generation devices complement the existing 2EDN driver ICs by providing higher system-level efficiencies, excellent power density, and consistent system robustness with fewer external components.
Market Coverage
• The market number available for – 2022-2030
• Base year- 2022
• Forecast period- 2023-2030
• Segment Covered-
o By Configuration
o By Voltage
o By End-User
• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
• Competitive Landscape- includes ABB Ltd., Eaton Corp. Inc., Fuji Electric Co., Ltd., Moog Inc., Rockwell Automation Inc., Siemens AG, and others.
Key questions addressed by the report
• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• Who is the leader in the market?
• How are players addressing challenges to sustain growth?
• Where is the investment opportunity?
Global Smart Motor Protector Market Report Segment
By Configuration
By Voltage
By End-User
Global Smart Motor Protector Market Report Segment by Region
North America
• United States
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle East & Africa
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