Integrated Motor Designs Create New Opportunities

Integrated motors sales into the packaging industry are forecasted to continue growing after a 48.8% growth in 2010, according to a new study, The World Market for Integrated Motors, from IMS Research. The majority of integrated motors are incorporated into new machine designs and, coupled with a 14.6% increase in global packaging machinery production in 2010, the integrated motors market significantly benefitted. The AC servo integrated motors market shows the most significant growth into packaging with a 79.1% increase in revenues for 2010 due to increased flexibility and the dynamic functionality of the motor. Flexibility of the motor design is also driving sales of integrated motors into the material handling and food, beverage & tobacco industries due to needs for more modular machines. Together these three industries account for nearly 40% of the market for integrated motors in 2010 and are forecast to grow by an average 13.4% CAGR from 2010 to 2015.