Asia Pacific High Speed Motor Market By End-User Forecast (2017-2024)
The above chart is Global High Speed Motor market [2017-2024] Asia Pacific by End-User
china accounted for the largest market share in 2018 in the asia pacific high speed motor market, and is expected to reach usd 3623.96 million in 2024 from usd 2795.07 million in 2018.this market is projected to grow at a cagr of 4.45% during the forecast period from 2019 - 2024. high voltage segment accounted for the larger market share in 2018, this market is expected to reach usd 4419.72 million in 2024 from usd 3408.05 million in 2018. this market is projected to grow at a cagr of 4.43% during the forecast period from 2019 - 2024. however, high voltage segment is the fastest growing market, which is expected to grow at a cagr of 4.43% during the forecast period 2019 - 2024. industrial segment accounted for the largest market share in 2018, this market is expected to reach usd 4625.15 million in 2024 from usd 3575.31 million in 2018. this market is projected to grow at a cagr of 4.39% during the forecast period from 2019 - 2024. machine tools segment accounted for the largest market share in 2018, this market is expected to reach usd 2466.32 million in 2024 from usd 1895.94 million in 2018. this market is projected to grow at a cagr of 4.48% during the forecast period from 2019 - 2024. however, machine tools segment is the fastest growing market, which is expected to grow at a cagr of 4.48% during the forecast period 2019 - 2024. permanent motor segment accounted for the largest market share in 2018, this market is expected to reach usd 4036.58 million in 2024 from usd 3127.41 million in 2018. this market is projected to grow at a cagr of 4.35% during the forecast period from 2019 - 2024. however, induction motor segment is the fastest growing market, which is expected to grow at a cagr of 4.36% during the forecast period 2019 - 2024.