In this year’s vertical application review IHS Markit delved further into the market for motors and motor controls with a detailed look at all of the key verticals in which they are utilized. This report highlights the impact of energy efficiency and other crucial indicators that shape the modern environment of the motor and drive markets. This report presents the market dynamic of each product type for motors and drives with a specific focus on the significance for semiconductor suppliers. The importance of industrial communication and continuous focus on energy efficiency in both industrial and non-industrial sectors have led to more advanced technologies being adopted and have therefore given the semiconductor market strong momentum for future growth.
Analyst, Electric Motor Systems & Capital Equipment
Joanne Goh is a Research Analyst in the Manufacturing Technology group at IHS. Her focus areas are motor systems and motor-driven equipment across all major verticals.