The Electric Revolution Has Increased Demand For Low Voltage Motors

The low voltage motors market is the market for electric motors with a voltage less than 1000 V. Pumps, fans, compressors, and conveyors are among the many industrial and commercial uses for these motors. Low voltage motor demand is being driven by reasons such as increased need for energy efficiency, increased use of automation in manufacturing, and the requirement for small and dependable motor systems. ABB, Siemens, Nidec Corporation, and WEG Electric Corp. are among the market’s major participants. The market is likely to expand in the next years, owing to rising demand for low voltage motors in emerging economies and a growing trend towards electrification in a variety of sectors.

Because of the increased ozone layer depletion caused by greenhouse gas emissions, low voltage motors are in great demand in the car industry. This is why the market demand for electric vehicles is increasing. Globalisation is a significant element driving the growth of the low voltage motor sector. The growing number of infrastructure projects conducted by both public and private entities has increased demand for low voltage motors. The electrification of different sectors has resulted in an increase in demand for efficient and dependable motor systems, which low voltage motors can supply. Furthermore, the push towards energy saving has increased demand for low voltage motors, which are often more efficient than high voltage equivalents.  The increasing use of automation and digitalization in manufacturing processes has also contributed to the growth of the low voltage motors market, as these systems often require compact and efficient motor systems to support their operations.

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Key findings of the Low Voltage Motors market study:

  • The report provides a present market outlook on Low Voltage Motors. Additionally, the Low Voltage Motors market share is anticipated to grow with a CAGR of 6.8% in the forecast period.
  • Regional breakdown of the Low Voltage Motors market based on predefined taxonomy.
  • Innovative manufacturing processes implemented by Low Voltage Motors vendors in detail.
  • Region-wise and country-wise fragmentation of the Low Voltage Motors market to grasp the revenue, and growth outlook in these areas.
  • Changing preferences among consumers across various regions and countries.
  • Factors (Positive and Negative) impacting the growth of the global Low Voltage Motors market.
  • Low Voltage Motors price, market share, and Trends forecast for assessment period 2021-2031

Key Segments Covered

  • Efficiency Class
    • IE 1 Low Voltage Motors
    • IE 2 Low Voltage Motors
    • IE 3 Low Voltage Motors
    • IE 4 Low Voltage Motors
    • DC Low Voltage Motors
    • Others Low Voltage Motors
  • Sector
    • Commercial HVAC Low Voltage Motors
    • F&B Manufacturing Low Voltage Motors
    • Mining Low Voltage Motors
    • Utilities Low Voltage Motors
    • Other Sectors Low Voltage Motors
  • Application
    • Low Voltage Compressors
    • Low Voltage Pumps & Fans
    • Low Voltage Conveyors
    • Low Voltage Crushers
    • Low Voltage Extruders
    • Other Applications
  • Capacity
    • 0.75 – 2.1 kW Low Voltage Motors
    • 7.4 kW Low Voltage Motors
    • 7.5 – 45 kW Low Voltage Motors
    • 46 – 75 kW Low Voltage Motors
    • 76 – 110 kW Low Voltage Motors
    • 111 – 375 kW Low Voltage Motors
    • > 375 kW Low Voltage Motors

What makes this Research different from others?

  • COVID- Impact analysis- The report includes details of the impact of the pandemic on the Low Voltage Motors market further including insights on the pre-COVID situation. Additionally, this report benefits in terms of post-COVID recovery prospects, changing consumer demands, and buying patterns valuable for Low Voltage Motors companies.
  • Industrial trend analysis- The research covers recent trends in the field of Low Voltage Motors which are augmented with the applicable technologies and shifts in industrial processes. The scope for digital and industrial technologies is discussed in order to help client firms to understand the benefits and risks included in light of market trends.
  • Low Voltage Motors Sustainability metrics- The rising concerns of environmentally friendly production and consumption are taken to next level in this research, as research is focused on emerging methods of ensuring sustainability. These insights include climate-friendly initiatives adopted by some players in the industry. Furthermore, details of manufacturers’ impact on carbon footprint are evaluated intend to make clients aware of their contribution to sustainable development goals.

Competitive Landscape

The Low Voltage Motors industry is dominated by some prominent players including

  • ABB Ltd.
  • Siemens AG
  • WEG Industries
  • Nidec Corporation
  • General Electric Company (GE)
  • Toshiba Corporation
  • Hyosung Corporation
  • Hyundai Heavy Industries Co. Ltd.
  • Shangdong Huali Electric Motor Group Co. Ltd.
  • Regal Rexnord Corporation
  • TECO Electric & Machinery Co. Ltd.

The competition in the sector is driven by key parameters such as product price, targeted customer base, and strategic marketing. Major players in the market focused on the Low Voltage Motors market innovation by investing more in research and development. Furthermore, the industry players are focusing on the extensive usage of online distribution channels for enhanced cost-effectiveness. The sustainability in the supply chain is a decisive factor for Low Voltage Motors brands leading to an impact on the margin profits of firms.

Report Benefits & Key Questions Answered

  • Low Voltage Motors Company & brand share analysis: Company and brand share analysis on Low Voltage Motors reveals how much market share is captured by Tier 1, Tier 2, and Tier 3 players
  • Low Voltage Motors Historical volume analysis: The industry analysis provides data & insights on historical volume sales of Low Voltage Motors
  • Low Voltage Motors Category & segment level analysis: Fact.MR’s Low Voltage Motors sales outlook offers category and segment level analysis on lucrative and nascent product types. Market players can use this information to identify sales potential and set sales targets at local, country, and regional level.
  • Low Voltage Motors Consumption by demographics: The market intelligence study provides consumption by demographics analysis so market players can design their product and marketing strategies on the basis of high-value consumers
  • Post COVID consumer spending on Low Voltage Motors: The report includes post COVID consumer spending analysis. This information will help business leads understand the shifts in purchasing power and behavior
  • Manufacturing trend analysis: Vital information on how market players are aligning their manufacturing strategies with respect to evolving consumer sentiments


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