Motors shipments during the third quarter of 2013, as measured by NEMA’s Motors Shipments Index, rebounded from a decrease during the previous quarter by registering an increase of 4.7 percent. The index grew by 20 percent on a year-over-year basis.
While shipments of fractional and integral HP motors showed growth in terms of inflation-adjusted dollar values, fractional HP motors were the leading segment rising by 34 percent (y/y) compared to 2 percent for integral HP motors.
NEMA is the association of electrical equipment and medical imaging manufacturers, founded in 1926 and headquartered in Rosslyn, Virginia. Its 400-plus member companies manufacture a diverse set of products including power transmission and distribution equipment, lighting systems, factory automation and control systems, and medical diagnostic imaging systems. Total U.S. shipments for electroindustry products exceed $100 billion annually.
Phallan K. Davis