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SMOKE EXTRACTION MOTORS MARKET REPORT OVERVIEW
Global Smoke Extraction Motors Market size was USD 0.64 Billion in 2024 and market is projected to touch USD 0.93 Billion by 2033, exhibiting a CAGR of 4.2% during the forecast period.
Smoke extraction motors, often known as smoke motors, are used to power smoke extraction fans. These are low-voltage motors with squirrel-cage rotors designed for use in automatic smoke and heat extraction machines. Because of their design and configuration, the extraction motors are utilized in buildings where smoke control is required. Even at high temperatures, the motor is a dependable and safe device in both ordinary and emergency situations. In public and congested areas, they are frequently employed for two sorts of applications: jet fans and axial fans.
Tunnel safety depends on smoke extraction motors. The ability of extraction fans and the electric motors that power them to promptly and effectively remove toxic gases and smoke is critical in the case of a tunnel fire. The motors must be able to withstand the extreme heat created in fire zones and continue to perform reliably in these demanding conditions.
COVID-19 IMPACT
"Imposed Restrictions in the Economy Resulted in Decline in the Market"
The COVID-19 issue has had an impact on the world economy, resulting in a rigorous lockdown and a halt to day-to-day operations in every industry. The panic scenario has had a severe impact on the industries due to the limitations set by the government. This has resulted in a decline in the market for smoke extraction motors; there was a direct and indirect influence from several sectors manufacturing thermostats. With the market's revival following COVID-19, we are seeing a recovery of the market where blanks are restructured with product innovation and investments in R&D activities to develop advanced technologies to meet advanced requirements, which will project a proposed increase in market share in the forecasted period.
LATEST TRENDS
"The Comfort Ventilation and Variable Speed Drivers to Grow Market Potentially"
Jet fans and axial fans are two popular uses for smoke extraction motors, and both are utilized for comfort ventilation as well as in extreme fire conditions. They are part of the comfort ventilation system, which keeps the air quality in the tunnel clean during regular operation. Variable speed drives (VSDs) should regulate the motors, allowing for adjustable energy-saving fan settings. Players are developing new design models to match shifting standards and criteria.
SMOKE EXTRACTION MOTORS MARKET SEGMENTATION
By Type
Based on type the smoke extraction motors market is classified as 200 °C Class, 250 °C Class, 300 °C Class, 400 °C Class and others.
By Application
Based on application the smoke extraction motors market is classified as industrial areacommercial area and others.
DRIVING FACTORS
"Growing Need in the Fire Emergencies and Requirement in Working Area to Boost the Market Growth"
The rising number of fire incidents and the growing need for ventilation in the workplace are expected to boost the global smoke extraction motors market. The smoke-extraction motors are installed in automatic smoke and heat extraction units such as tunnels, single and multi-story shopping centers, industrial buildings and warehouses, building complexes and atriums, theatres, indoor parking garages, and staircases. Smoke extraction systems are critical components of the overall work environment, as well as road and rail tunnels. Players are developing new design models to fulfil shifting requirements and norms.
"Effective Designing and Operations in Public and Commercial Places to Multiply the Production and Enrich the Market Growth"
Smoke extraction motors are typically big, powerful electric motors that power massive axial or centrifugal fans. The fans create a high airflow, allowing smoke and pollutants to be extracted. The motors are frequently installed in dedicated mechanical rooms or on the building's roof, where they may offer efficient smoke extraction over a large area.
RESTRAINING FACTORS
"The Maintenance Subject to Specific Regulations and Standards to Restrain the Market Growth"
Specific laws and standards must be followed for the development, installation, and servicing of smoke extraction motors, and these laws and standards may change depending on the jurisdiction. These standards frequently address issues with fan efficiency, power supply, control systems, motor performance, and requirements for routine maintenance and testing. To ensure compliance with applicable laws and choose the right smoke extraction motor system for a particular building or application, it's crucial to get professional advice from experts like fire safety engineers, mechanical engineers, or local authorities. Therefore, it's maintenance with reference to specific rule and standards to limit occupational exposure and thus restraining the smoke extraction motors market growth.
SMOKE EXTRACTION MOTORS MARKET REGIONAL INSIGHTS
"European American Region to Dominate the Market with Major Production and Multiplying Manufacturers"
European region is predicted to be dominant in the smoke extraction motors market share and will maintain the dominance over the forecasted period. The European region, followed by China and North America, produces the majority of the world's smoke extraction motors, accounting for about large proportion of total production. WEG Motors, TECO, Siemens, ABB, Regal Beloit, Tatung, Wolong are the top seven manufacturers worldwide, accounting for about a huge share of the market. High-performance motors are offered by the European company with a strong emphasis on technology and research. Government organizations regarding fire safety personnel at various public and commercial places are inducing the production and generating the market demand. All these factors combined are significantly contributing in the regions market growth.
KEY INDUSTRY PLAYERS
"Financial Players to Contribute Towards Expansion of Market"
The market is highly competitive and has both international and local participants. The introduction of new and improved products, collaborations, mergers and acquisitions, joint ventures, and other strategies include major actors. The report is a thorough investigation of a list of market participants who support market growth. The information is a synthesis of the most recent trends, mergers and acquisitions in the manufacturing industry, market research, and technological advancements. To comprehend the market share, product growth, revenue growth, and other elements during the anticipated term, further factors like regional and segmental analysis are also taken into consideration.
List of Top Smoke Extraction Motors Companies
- WEG Motors (Brazil)
- TECO (U.S.A)
- Siemens (Germany)
- ABB (Switzerland)
- Regal Beloit (Canada)
- Tatung (China)
- Wolong (China)
- Leroy-Somer (France)
- VEM (India)
- ATB (Canada)
- Havells (India)
- Dalian Electric Motor0 (China).
REPORT COVERAGE
The SWOT analysis and information on future developments are covered in the study. The research report includes a study of a number of factors that promote market growth. This section also covers the range of numerous market categories and applications that could potentially affect the market in the future. The specifics are based on current trends and historical turning points. The state of the market's components and its potential growth areas over the following years. The paper discusses market segmentation information, including subjective and quantitative research, as well as the impact of financial and strategy opinions. Additionally, the research disseminates data on national and regional assessments that take into account the dominant forces of supply and demand that are influencing market growth. The competitive environment, including market shares of significant competitors, is detailed in the report along with fresh research methodology and player strategies for the anticipated time.
| REPORT COVERAGE | DETAILS |
|---|---|
|
Market Size Value In |
US$ 0.64 Billion in 2024 |
|
Market Size Value By |
US$ 0.93 Billion by 2033 |
|
Growth Rate |
CAGR of 4.2% from 2024 to 2033 |
|
Forecast Period |
2024-2033 |
|
Base Year |
2024 |
|
Historical Data Available |
Yes |
|
Regional Scope |
Global |
Segments Covered | |
|
By Type
|
|
|
By Application
|
Frequently Asked Questions
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What value is the smoke extraction motors market expected to touch by 2033?
The global smoke extraction motors market expected is expected to reach USD 0.93 Billion By 2033.
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What CAGR is the smoke extraction motors market expected to exhibit by 2033?
The smoke extraction motors market is expected to exhibit a CAGR of 4.2% by 2033.
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Which are the driving factors of the smoke extraction motors market?
The driving factors of the smoke extraction motors market are the growing need in fire emergencies, the requirement in the working area, and effective designing and operations in public and commercial areas.
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Which are the key players functioning in the smoke extraction motors market?
The key players functioning in the smoke extraction motors market are WEG Motors, TECO, Siemens, ABB, Regal Beloit, Tatung, Wolong, Leroy-Somer, VEM, ATB, Havells, Dalian Electric Motor, and others.
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