This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Growth Of End-user Segments Spurs Demand For Advanced Medium And High Voltage Motors In Southeast Asia, Finds Frost & Sullivan

KUALA LUMPUR, Malaysia, July 22, 2013 /PRNewswire/ -- The growing need for new automation technologies in major end-user segments such as power generation, oil and gas, chemicals and petrochemicals, metals and mining, and water and waste water industries will boost the demand for medium and high voltage motors in Southeast Asia. Increasing environmental concerns and new regulations that require high efficiency from medium and high voltage motors will further aid market development in the region.

New analysis from Frost & Sullivan ( http://www.motors.frost.com), Southeast Asian Medium and High Voltage Motors Market, finds that the market earned revenues of US$615.4 million in 2012 and estimates this to reach US$802.0 million in 2019.

"Energy requirements have escalated in most Southeast Asian countries, and electric motors account for almost two-third of the energy consumption in an industry," said Frost & Sullivan Industrial Automation and Process Control Research Analyst Vineeth Purushotham. "This highlights the need for high efficiency and reliability, fueling the adoption of customized medium and high voltage motors."

With end users looking for quality and reliability while selecting medium and high voltage motors for use in critical equipment, competition from low-cost manufacturers is not as pronounced as in the case of low voltage motors. However, it cannot be neglected, and established vendors are coming up with better technologies to decrease maintenance costs and power loss in motors.

Condition monitoring equipment that continuously monitors the health of motors is one such technology. It enables maintenance to be carried out well in advance before the motor fails, reducing maintenance and downtime costs. As a result, the high initial investments in medium and high voltage motors can be offset through guaranteed and faster returns. Manufacturers must educate end users on these benefits, as well as the quality and reliability of medium and high voltage motors to ensure market expansion.

1 of 3

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 18,030.21 +6.04 0.03%
S&P 500 2,081.88 -0.29 -0.01%
NASDAQ 4,773.4720 +8.0480 0.17%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs