Hermetic Motors Market Report Overview
-
Request a Free sample to learn more about this report
The global hermetic motors market size is expected to be worth USD 1097.1 million in 2022 and market is projected to touch USD 1495.33 million by 2031, exhibiting a compound annual growth rate (CAGR) of 3.5% during the forecast period.
There are two types of motors: external and internal. Internal motors are hermetic. Hermetic electric motors are those that contain the motor and compressor inside a housing or dome. For a system to be classified as hermetic, it must be enclosed in a sealed encasement that prevents air from entering and leaving. Hermetic compressors are those that consist of a single shell of welded steel surrounding both the compressor and motor. In the refrigeration circuit, a motor is directly coupled to the motor and the compressor. It was therefore unnecessary to use a shaft seal, which resulted in refrigerant leakage. The refrigerant pipeline is brazed or welded to the outer steel shell. Fused glass terminals are used to take the electrical conductors from a motor's steel shell. Several technological advancements are changing the market, but other factors, such as high costs and the availability of substitutes, are also hampering it.
Domestic and commercial refrigeration systems benefit immensely from these motors since continuous maintenance is usually not possible. Hermetic compressor motors are most commonly used in air conditioning commercial units. The entire unit is completely sealed, so certain maintenance and repair tasks differ from those associated with traditional, non-sealed units. The majority of hermetic motors and compressors are enclosed in steel shielding. As a result, both the motor and compressor are protected from damage. The motor often drives the compressor, and the risk of physical damage caused by unexpected impacts is usually lower than with traditional models. Lubricants are not required for hermetic motors and compressors. Belts are not required for full operation of the system since it is entirely sealed.
As a result, a these motors can be left sitting for months or even years without experiencing startup problems. It can be more convenient and cost-effective for those who only need the compressor from time to time. The motor of a chiller is sealed within the refrigerant atmosphere and cooled by liquid refrigerant. Compared to an air-cooled motor, a hermetic motor can be smaller and lighter. A hermetic motor has a closed shell and the air around the motor does not circulate with the internal air. In order to prevent harmful substances from entering the motor, these motors comprise only a wound stator and squirrel cage rotor, without shaft bearings or motor housing. Abbe Audiffren invented the first hermetic compressor motor in 1905. It was manufactured by Singrun at Epinal, also in France. For lubricating the piston, cylinder, and crankshaft, the compressor has an inbuilt lubrication system. Pistons and cylinders are also kept cool by the lubricant. Hermetic motors require less maintenance, consume less electricity, and make less noise. A hermetically sealed compressor can also be easily installed. External connections are available for suction & discharge as well as electrical connections.
COVID-19 Impact: Halt on Machinery and Equipment to Hamper Market
Worldwide economic and social systems have been affected by the COVID-19 outbreak. The sudden surge of the pandemic and the restrictions laid by the government had an adverse effect on the market irrespective of the type of functioning. There has been an outbreak of the disease in several industries' value chains and supply chains, including the hermetic motors market. Several locations were placed under lockdown by the government. As a result of stocking up on essentials during the pandemic, the COVID-19 pandemic has also led to an increase in refrigerator sales in the region, which thereby affects the growth of the hermetic motors market growth.
Latest Trends
"Physical Structure of the Hermetic Motors to Drive the Market"
The size of hermetically motor systems is often smaller than that of traditional systems. In most cases, this is due to the way the motor and compressor are mounted. It is therefore easier to handle a hermetic motor and compressor unit due to its mobility and portability. A single shielded unit contains both the hermetic motor and the compressor, regardless of whether the motor is single-speed or multi-speed.
Hermetic Motors Market Segmentations
-
Request a Free sample to learn more about this report
- By Type
The market is classified into single phase, and three-phase based on type. The single phase segment will lead the hermetic motors market share throughout the forecast period.
- By Application
The market is classified into residential, commercial, and industrial on the basis of application. The residential segment will lead the hermetic motors market share throughout the forecast period.
Driving Factors
"Increase in the Sale of Refrigerators Across the Globe to Drive the Market"
Refrigerator sales are on the rise across the globe, which is a major driving force. Today, it is increasingly used in the kitchen for daily tasks. To store cold drinks and ice creams, refrigerators are essential for providing custom cooling range options in the freezer. Domestic and commercial refrigeration systems that require continuous maintenance are ideal for these motors.
"Low Maintenance Requirement of Motors to Drive the Market"
Portable hermetically sealed compressors require little maintenance. There is no external lubrication system on these machines. As a result, downtime is reduced and system efficiency is increased.
Restraining Factors
"Problems Faced During Repairing of the Motor to Restrain the Market"
For repairs, hermetic motors or compressors cannot simply be opened. Since the moving parts are inaccessible, they cannot be repaired. If there is a problem, they must be replaced. It is even possible to cause severe damage to the unit by opening it.
Hermetic Motors Market Regional Insights
-
Request a Free sample to learn more about this report
"Asia Pacific to Lead the Market Owing to High Demand for Air Conditioning and Refrigeration"
During the forecast period, Asia Pacific is expected to dominate the global hermetical motors market. The region is highly populated by countries such as China, India, and Japan. As a result, air conditioning and refrigeration are in high demand. In the near future, Asia Pacific is expected to be a highly attractive market for hermetically sealed compressors. A refrigerator is considered a necessary household item in many Asian countries, such as China and India.
The food processing and pharmaceutical industries in Europe are expected to hold a significant share of the global hermetically sealed compressor market during the forecast period. Hypermarkets, supermarkets, and organized retail chains are also expected to boost the market in the near future.
Key Industry Players
"Leading Players Adopt Acquisition Strategies to Stay Competitive "
Several players in the market are using acquisition strategies to build their business portfolios and strengthen their market position. In addition, partnerships and collaborations are among the common strategies adopted by companies. Key market players are making R&D investments to bring advanced technologies and solutions to the hermetic motors market.
List of Market Players Profiled
- Regal Beloit (U.S.)
- Aichi Electric Co (Japan)
- Godrej (India)
- ABB (Europe)
- LG (South Korea)
- Hidria (Slovenia)
- HBD Industries (U.S.)
- Rockwell Automation (U.S.)
- Chunin (South Korea)
- Gmcc & Welling (Thailand)
- Zhuhai Kaibang (China)
REPORT COVERAGE
In the report, factors affecting the market from both demand and supply are evaluated and market dynamics during the forecast period are forecasted. Also included in the report is a comprehensive PEST analysis of countries, which assesses the governmental, financial, and shared factors influencing their markets. Apart from all of these, the report also provides drivers, restraints, opportunities, and future trends.
REPORT COVERAGE | DETAILS |
---|---|
Market Size Value In |
US$ 1097.1 Million in 2022 |
Market Size Value By |
US$ 1495.33 Million by 2031 |
Growth Rate |
CAGR of 3.5% from 2022 to 2031 |
Forecast Period |
2024-2031 |
Base Year |
2023 |
Historical Data Available |
Yes |
Regional Scope |
Global |
Segments Covered |
Type and Application |
Frequently Asked Questions
-
What value is the hermetic motors market expected to touch by 2031?
The hermetic motors market is expected to reach a value of USD 1495.33 million by 2031.
-
What CAGR is the hermetic motors market expected to exhibit by 2031?
The hermetic motors market is expected to exhibit a CAGR of 3.5% by 2031.
-
Which are the driving factors of the hermetic motors market?
An increase in the sale of refrigerators across the globe, and the low maintenance requirements of motors are some of the major driving factors of the hermetic motors market.
-
Which are the top companies in the hermetic motors market?
The top companies in the hermetic motors market include Regal Beloit, Aichi Electric Co, Godrej, ABB, LG, Hidria, and HBD Industries, etc.