Rain showers
32 °C
Germantown, Maryland
Rain showers

Mon Jul 16 2018
none

ABB strengthens its market share

07-08-2013
by 
in 
ABB, the leading power and automation technology group, has strengthened its market leader position in low-voltage motors and continues to grow faster than the market, according to a new report.
 
The report, from information and analytics provider IHS, entitled The World Market for Low Voltage Motors 2013 Edition, predicts the market for low-voltage motors will grow to more than $23 billion by 2017. This is driven by regulatory requirements that stipulate higher motor efficiencies.
 
Last year the market size was $14.6 billion, with more than 48 million units shipped, and ABB's market share rose 1 percentage point to 14 percent, according to IHS.
 
Since the acquisition of Baldor in 2011, when it became market leader, ABB has improved its market position by continuous investments in the development of high-efficiency motors and improvements in customer service. Over the last two years ABB increased its sales of low-voltage motors by more than 26 percent.
 
“The strengthening of our market position reflects the successful integration of Baldor in our total offering,” says Ulrich Spiesshofer, head of ABB’s Discrete Automation and Motion division. “We are now realising the synergies that were created by this deal.”
 
Recently ABB introduced so-called synchronous reluctance motors that can achieve IE4 levels of efficiency without the use of permanent magnets. Compared with an IE2 motor, the energy losses are reduced by up to 40 percent.
 
“ABB has a strong value proposition and I am happy to see that so many customers appreciate that.” says Robert Larsson, manager of ABB’s business unit Motors and Generators.
 
ABB Australia Pty Ltd
Ph: 1300 782 527

Related news & editorials

  1. 16.07.2018
    16.07.2018
    by      In
    NSW-based Ranger Lifting is set to mark 20 years in business at a brand new facility in Prestons, outside Sydney on Saturday 22nd September 2018.
    The lifting and rigging equipment supplier, which also recently opened a site in Melbourne, will combine the grand opening of its new headquarters, 40km... Read More
  2. 16.07.2018
    16.07.2018
    by      In
    The Australian Made Campaign has revealed the lengths to which some makers of counterfeit goods will go to falsely claim Australian manufacture for their goods, with false claims, a bogus logo and a tortuous import/export route all parts of a recent episode.
    Last month, the campaign’s offices were... Read More
  3. 05.07.2018
    05.07.2018
    by      In
    Technology developed at CSIRO has led to the release of a novel copper ore sorting analyser that promises to dramatically reduce energy and water use by copper miners. The novel analyser is being brought to market through NextOre, a new company created by RFC Ambrian, Advisian Digital and CSIRO.... Read More
  4. 05.07.2018
    05.07.2018
    by      In
    Following its successful export and installation of 12 of its flagship high-power chargers for electric vehicles in Germany as part of the Ionity network, Ionity has now chosen Brisbane company Tritium as its technology partner for the construction of a further 100 high-power charging sites across... Read More