Global Low Voltage Motors Market – Industry Analysis and Forecast (2019-2027) by type, by end user and by region

Global Low Voltage Motors Market was valued at US$ XX Mn. in 2019 and is expected to reach US$ XX Mn. by 2027. Low voltage motors are energy-saving motors that can work at a voltage less than 1000V and can produce the maximum power of 1000KW. Low voltage motors give a standard output with minimum power input and are 2-8% more efficient than ordinary motors. They have the ability to control tasks, measure electric current, ensure stability and energy efficiency and deliver precision through proper speed. Low voltage motors are susceptible to corrosion and overheating. The report covers the detailed analysis Global Low Voltage Motors Market with the classifications of the market by type, by end-user and by region. Analysis of past market dynamics from 2016 to 2019 is given in the report, which will help readers to benchmark the past trends with current market scenarios with the key players contribution in it. The report has profiled sixteen key players in the market from different regions. However, the report has considered all market leaders, followers, and new entrants with investors while analyzing the market and estimation the size of the same. The manufacturing environment in each region is different and focus is given on the regional impact on the cost of manufacturing, supply chain, availability of raw materials, labor cost, availability of advanced technology, trusted vendors are analyzed and the report has come up with recommendations for a future hot spot in North America region. Major country’s policies about manufacturing and its impact on Low Voltage Motors applications demand is covered in the report.

Global Low Voltage Motors Market Dynamics-

Stringent government regulations to control CO2 emissions have increased the demand for the Global Low Voltage Motors Market. The whole value chain, from manufacturer up to end-user, must be aware of the legislation in order to meet local requirements, to save energy, and reduce the carbon footprint. Increasing technological advancement and the growth in demand for various types of machinery from the industrial sector are the factors driving the growth of the Global Low Voltage Motors Market. The need for use of energy efficiently is also a major concern for the industries, which can be lowered by the use of low motor voltage motors. Mandatory Minimum Energy Performance Standards (MEPS) for electric motors have also increased the need for low voltage motors due to the increasing global climate change issues and power consumption. The cost of maintenance and operation of low voltage motors are more as compared to the initial cost, which acts as a restraining factor to the growth of the Global Low Voltage Motors Market.

Global Low Voltage Motors Market Segment analysis-

The report groups the Global Low Voltage Motors Market in different segments by type, by end-user, and by region to forecast the revenues and analyze the market share of each segment over the forecast period. Based on type, the IE2 and IE3 was dominant in 2019 and is expected to command the market share of xx% by 2027. IE2 and IE3 are expected to be dominant product type segments of the low-voltage motors market, due to characteristic features of these types such as flexible terminal box, and corrosion resistance. IE2 type of motors offer greater efficiency and produce less waste heat. They can be used in inverters, air-handling units, refrigeration plants, hydraulic power packs, and pumps. IE3 type of motors provides an extremely high level of efficiency. An IE3 type of motor uses copper as a conductor instead of aluminum, which helps in reducing rotor losses. IE1 type of low-voltage motors is widely used in applications such as compressors, fans, and pumps. They are smaller and lighter than IE2 and IE3 types of motors. Global Low Voltage Motors Market To know about the Research Methodology :- Request Free Sample Report Based on end user, the automotive segment was dominant in 2019 and is expected to command the market share of xx% by 2027. Increasing demand for clean power technologies for transportation and growing concerns about climate change issues are the major factors driving the Global Low Voltage Motors Market. Government regulations and policies to limit the greenhouse gases emission and carbon footprint across the automotive sector will further stimulate the growth of Global Low Voltage Motors Market over the forecast period.

Global Low Voltage Motors Market Regional Insights-

Global Low Voltage Motors Market 1 North America is expected to command largest market share of xx% by 2027 Global Low Voltage Motors Market 2 The demand for low voltage motors has increased because of the growth of the automotive and electronic sectors in the region. In developing and developed economies in North America, like the US and Canada has increased its power generation capacity, which has driven the need for low voltage motors. Stringent government regulations for motor efficiency have made it necessary for the replacement of conventional high energy-consuming motors with low voltage motors. Because of the increasing use of power and vehicles, the need for energy-efficient equipment has increased, which ultimately has increased the demand for low power voltage motors in the region. The report also helps in understanding the Global Low Voltage Motors Market dynamics, structure by analyzing the Market segments and project the Global Low Voltage Motors Market which gives a clear representation of competitive analysis of key players by price, financial position, Material portfolio, growth strategies, and regional presence in the Global Low Voltage Motors Market make the report investor’s guide.

Scope of the Global Low Voltage Motors Market- Inquire before buying

Global Low Voltage Motors Market, by type

• IE1 • IE2 • IE3 • IE4

Global Low Voltage Motors Market, by end user

• Automotive • Electronics • Mining • Textile • Others

Global Low Voltage Motors Market, by region

• North America • Europe • Asia Pacific • Middle East & Africa • South America

Key players operating in Global Low Voltage Motors Market

• ABB • TECO-Westinghouse Motor Company • Siemens • Hyosung Power and Industrial Types Performance Group • Anhui Wannan Electric Machine • ATB Group • Leroy Somer • LEZ Ruselprom • Luan JiangHuai • NIDEC • Regal Beloit • Shandong Huali Electric Motor Group • GE Industrial • Toshiba International • WEG • VEM Group
Global Low Voltage Motors Market 1. Preface 1.1. Report Scope and Market Segmentation 1.2. Research Highlights 1.3. Research Objectives 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Low Voltage Motors Market Size, By Market Value (US$ Mn) 4. Market Overview 4.1. Introduction 4.2. Market Indicator 4.2.1. Drivers 4.2.2. Restraints 4.2.3. Opportunities 4.2.4. Challenges 4.3. Porter’s Analysis 4.4. Value Chain Analysis 4.5. Market Risk Analysis 4.6. SWOT Analysis 4.7. Industry Trends and Emerging Technologies 5. Supply Side and Demand Side Indicators 6. Global Low Voltage Motors Market Analysis and Forecast 6.1. Low Voltage Motors Market Size & Y-o-Y Growth Analysis 6.1.1. North America 6.1.2. Europe 6.1.3. Asia Pacific 6.1.4. Middle East & Africa 6.1.5. South America 7. Global Low Voltage Motors Market Analysis and Forecast, By Type 7.1. Introduction and Definition 7.2. Key Findings 7.3. Low Voltage Motors Market Value Share Analysis, By Type 7.4. Low Voltage Motors Market Size (US$ Mn) Forecast, By Type 7.5. Low Voltage Motors Market Analysis, By Type 7.6. Low Voltage Motors Market Attractiveness Analysis, By Type 8. Global Low Voltage Motors Market Analysis and Forecast, By Application 8.1. Introduction and Definition 8.2. Key Findings 8.3. Low Voltage Motors Market Value Share Analysis, By Application 8.4. Low Voltage Motors Market Size (US$ Mn) Forecast, By Application 8.5. Low Voltage Motors Market Analysis, By Application 8.6. Low Voltage Motors Market Attractiveness Analysis, By Application 9. Global Low Voltage Motors Market Analysis, By Region 9.1. Low Voltage Motors Market Value Share Analysis, By Region 9.2. Low Voltage Motors Market Size (US$ Mn) Forecast, By Region 9.3. Low Voltage Motors Market Attractiveness Analysis, By Region 10. North America Low Voltage Motors Market Analysis 10.1. Key Findings 10.2. North America Low Voltage Motors Market Overview 10.3. North America Low Voltage Motors Market Value Share Analysis, By Type 10.4. North America Low Voltage Motors Market Forecast, By Type 10.4.1. IE1 10.4.2. IE2 10.4.3. IE3 10.4.4. IE4 10.5. North America Low Voltage Motors Market Value Share Analysis, By Application 10.6. North America Low Voltage Motors Market Forecast, By Application 10.6.1. Automotive 10.6.2. Electronics 10.6.3. Mining 10.6.4. Textile 10.6.5. Others 10.7. North America Low Voltage Motors Market Value Share Analysis, By Country 10.8. North America Low Voltage Motors Market Forecast, By Country 10.8.1. U.S. 10.8.2. Canada 10.8.3. Mexico 10.9. North America Low Voltage Motors Market Analysis, By Country 10.10. U.S. Low Voltage Motors Market Forecast, By Type 10.10.1. IE1 10.10.2. IE2 10.10.3. IE3 10.10.4. IE4 10.11. U.S. Low Voltage Motors Market Forecast, By Application 10.11.1. Automotive 10.11.2. Electronics 10.11.3. Mining 10.11.4. Textile 10.11.5. Others 10.12. Canada Low Voltage Motors Market Forecast, By Type 10.12.1. IE1 10.12.2. IE2 10.12.3. IE3 10.12.4. IE4 10.13. Canada Low Voltage Motors Market Forecast, By Application 10.13.1. Automotive 10.13.2. Electronics 10.13.3. Mining 10.13.4. Textile 10.13.5. Others 10.14. Mexico Low Voltage Motors Market Forecast, By Type 10.14.1. IE1 10.14.2. IE2 10.14.3. IE3 10.14.4. IE4 10.15. Mexico Low Voltage Motors Market Forecast, By Application 10.15.1. Automotive 10.15.2. Electronics 10.15.3. Mining 10.15.4. Textile 10.15.5. Others 10.16. North America Low Voltage Motors Market Attractiveness Analysis 10.16.1. By Type 10.16.2. By Application 10.17. PEST Analysis 10.18. Key Trends 10.19. Key Developments 11. Europe Low Voltage Motors Market Analysis 11.1. Key Findings 11.2. Europe Low Voltage Motors Market Overview 11.3. Europe Low Voltage Motors Market Value Share Analysis, By Type 11.4. Europe Low Voltage Motors Market Forecast, By Type 11.4.1. IE1 11.4.2. IE2 11.4.3. IE3 11.4.4. IE4 11.5. Europe Low Voltage Motors Market Value Share Analysis, By Application 11.6. Europe Low Voltage Motors Market Forecast, By Application 11.6.1. Automotive 11.6.2. Electronics 11.6.3. Mining 11.6.4. Textile 11.6.5. Others 11.7. Europe Low Voltage Motors Market Value Share Analysis, By Country 11.8. Europe Low Voltage Motors Market Forecast, By Country 11.8.1. Germany 11.8.2. U.K. 11.8.3. France 11.8.4. Italy 11.8.5. Spain 11.8.6. Sweden 11.8.7. CIS countries 11.8.8. Rest of Europe 11.9. Germany Low Voltage Motors Market Forecast, By Type 11.9.1. IE1 11.9.2. IE2 11.9.3. IE3 11.9.4. IE4 11.10. Germany Low Voltage Motors Market Forecast, By Application 11.10.1. Automotive 11.10.2. Electronics 11.10.3. Mining 11.10.4. Textile 11.10.5. Others 11.11. U.K. Low Voltage Motors Market Forecast, By Type 11.11.1. IE1 11.11.2. IE2 11.11.3. IE3 11.11.4. IE4 11.12. U.K. Low Voltage Motors Market Forecast, By Application 11.12.1. Automotive 11.12.2. Electronics 11.12.3. Mining 11.12.4. Textile 11.12.5. Others 11.13. France Low Voltage Motors Market Forecast, By Type 11.13.1. IE1 11.13.2. IE2 11.13.3. IE3 11.13.4. IE4 11.14. France Low Voltage Motors Market Forecast, By Application 11.14.1. Automotive 11.14.2. Electronics 11.14.3. Mining 11.14.4. Textile 11.14.5. Others 11.15. Italy Low Voltage Motors Market Forecast, By Type 11.15.1. IE1 11.15.2. IE2 11.15.3. IE3 11.15.4. IE4 11.16. Italy Low Voltage Motors Market Forecast, By Application 11.16.1. Automotive 11.16.2. Electronics 11.16.3. Mining 11.16.4. Textile 11.16.5. Others 11.17. Spain Low Voltage Motors Market Forecast, By Type 11.17.1. IE1 11.17.2. IE2 11.17.3. IE3 11.17.4. IE4 11.18. Spain Low Voltage Motors Market Forecast, By Application 11.18.1. Automotive 11.18.2. Electronics 11.18.3. Mining 11.18.4. Textile 11.18.5. Others 11.19. Sweden Low Voltage Motors Market Forecast, By Type 11.19.1. IE1 11.19.2. IE2 11.19.3. IE3 11.19.4. IE4 11.20. Sweden Low Voltage Motors Market Forecast, By Application 11.20.1. Automotive 11.20.2. Electronics 11.20.3. Mining 11.20.4. Textile 11.20.5. Others 11.21. CIS countries Low Voltage Motors Market Forecast, By Type 11.21.1. IE1 11.21.2. IE2 11.21.3. IE3 11.21.4. IE4 11.22. CIS countries Low Voltage Motors Market Forecast, By Application 11.22.1. Automotive 11.22.2. Electronics 11.22.3. Mining 11.22.4. Textile 11.22.5. Others 11.23. Rest of Europe Low Voltage Motors Market Forecast, By Type 11.23.1. IE1 11.23.2. IE2 11.23.3. IE3 11.23.4. IE4 11.24. Rest of Europe Low Voltage Motors Market Forecast, By Application 11.24.1. Automotive 11.24.2. Electronics 11.24.3. Mining 11.24.4. Textile 11.24.5. Others 11.25. Europe Low Voltage Motors Market Attractiveness Analysis 11.25.1. By Type 11.25.2. By Application 11.26. PEST Analysis 11.27. Key Trends 11.28. Key Developments 12. Asia Pacific Low Voltage Motors Market Analysis 12.1. Key Findings 12.2. Asia Pacific Low Voltage Motors Market Overview 12.3. Asia Pacific Low Voltage Motors Market Value Share Analysis, By Type 12.4. Asia Pacific Low Voltage Motors Market Forecast, By Type 12.4.1. IE1 12.4.2. IE2 12.4.3. IE3 12.4.4. IE4 12.5. Asia Pacific Low Voltage Motors Market Value Share Analysis, By Application 12.6. Asia Pacific Low Voltage Motors Market Forecast, By Application 12.6.1. Automotive 12.6.2. Electronics 12.6.3. Mining 12.6.4. Textile 12.6.5. Others 12.7. Asia Pacific Low Voltage Motors Market Value Share Analysis, By Country 12.8. Asia Pacific Low Voltage Motors Market Forecast, By Country 12.8.1. China 12.8.2. India 12.8.3. Japan 12.8.4. South Korea 12.8.5. Australia 12.8.6. ASEAN 12.8.7. Rest of Asia Pacific 12.9. Asia Pacific Low Voltage Motors Market Analysis, By Country 12.10. China Low Voltage Motors Market Forecast, By Type 12.10.1. IE1 12.10.2. IE2 12.10.3. IE3 12.10.4. IE4 12.11. China Low Voltage Motors Market Forecast, By Application 12.11.1. Automotive 12.11.2. Electronics 12.11.3. Mining 12.11.4. Textile 12.11.5. Others 12.12. India Low Voltage Motors Market Forecast, By Type 12.12.1. IE1 12.12.2. IE2 12.12.3. IE3 12.12.4. IE4 12.13. India Low Voltage Motors Market Forecast, By Application 12.13.1. Automotive 12.13.2. Electronics 12.13.3. Mining 12.13.4. Textile 12.13.5. Others 12.14. Japan Low Voltage Motors Market Forecast, By Type 12.14.1. IE1 12.14.2. IE2 12.14.3. IE3 12.14.4. IE4 12.15. Japan Low Voltage Motors Market Forecast, By Application 12.15.1. Automotive 12.15.2. Electronics 12.15.3. Mining 12.15.4. Textile 12.15.5. Others 12.16. South Korea Low Voltage Motors Market Forecast, By Type 12.16.1. IE1 12.16.2. IE2 12.16.3. IE3 12.16.4. IE4 12.17. South Korea Low Voltage Motors Market Forecast, By Application 12.17.1. Automotive 12.17.2. Electronics 12.17.3. Mining 12.17.4. Textile 12.17.5. Others 12.18. Australia Low Voltage Motors Market Forecast, By Type 12.18.1. IE1 12.18.2. IE2 12.18.3. IE3 12.18.4. IE4 12.19. Australia Low Voltage Motors Market Forecast, By Application 12.19.1. Automotive 12.19.2. Electronics 12.19.3. Mining 12.19.4. Textile 12.19.5. Others 12.20. ASEAN Low Voltage Motors Market Forecast, By Type 12.20.1. IE1 12.20.2. IE2 12.20.3. IE3 12.20.4. IE4 12.21. ASEAN Low Voltage Motors Market Forecast, By Application 12.21.1. Automotive 12.21.2. Electronics 12.21.3. Mining 12.21.4. Textile 12.21.5. Others 12.22. Rest of Asia Pacific Low Voltage Motors Market Forecast, By Type 12.22.1. IE1 12.22.2. IE2 12.22.3. IE3 12.22.4. IE4 12.23. Rest of Asia Pacific Low Voltage Motors Market Forecast, By Application 12.23.1. Automotive 12.23.2. Electronics 12.23.3. Mining 12.23.4. Textile 12.23.5. Others 12.24. Asia Pacific Low Voltage Motors Market Attractiveness Analysis 12.24.1. By Type 12.24.2. By Application 12.25. PEST Analysis 12.26. Key Trends 12.27. Key Developments 13. Middle East & Africa Low Voltage Motors Market Analysis 13.1. Key Findings 13.2. Middle East & Africa Low Voltage Motors Market Overview 13.3. Middle East & Africa Low Voltage Motors Market Value Share Analysis, By Type 13.4. Middle East & Africa Low Voltage Motors Market Forecast, By Type 13.4.1. IE1 13.4.2. IE2 13.4.3. IE3 13.4.4. IE4 13.5. Middle East & Africa Low Voltage Motors Market Value Share Analysis, By Application 13.6. Middle East & Africa Low Voltage Motors Market Forecast, By Application 13.6.1. Automotive 13.6.2. Electronics 13.6.3. Mining 13.6.4. Textile 13.6.5. Others 13.7. Middle East & Africa Low Voltage Motors Market Value Share Analysis, By Country 13.8. Middle East & Africa Low Voltage Motors Market Forecast, By Country 13.8.1. GCC Countries 13.8.2. South Africa 13.8.3. Nigeria 13.8.4. Egypt 13.8.5. Rest of Middle East & Africa 13.9. Middle East & Africa Low Voltage Motors Market Analysis, By Country 13.10. GCC Countries Low Voltage Motors Market Forecast, By Type 13.10.1. IE1 13.10.2. IE2 13.10.3. IE3 13.10.4. IE4 13.11. GCC Countries Low Voltage Motors Market Forecast, By Application 13.11.1. Automotive 13.11.2. Electronics 13.11.3. Mining 13.11.4. Textile 13.11.5. Others 13.12. South Africa Low Voltage Motors Market Forecast, By Type 13.12.1. IE1 13.12.2. IE2 13.12.3. IE3 13.12.4. IE4 13.13. South Africa Low Voltage Motors Market Forecast, By Application 13.13.1. Automotive 13.13.2. Electronics 13.13.3. Mining 13.13.4. Textile 13.13.5. Others 13.14. Nigeria Low Voltage Motors Market Forecast, By Type 13.14.1. IE1 13.14.2. IE2 13.14.3. IE3 13.14.4. IE4 13.15. Nigeria Low Voltage Motors Market Forecast, By Application 13.15.1. Automotive 13.15.2. Electronics 13.15.3. Mining 13.15.4. Textile 13.15.5. Others 13.16. Egypt Low Voltage Motors Market Forecast, By Type 13.16.1. IE1 13.16.2. IE2 13.16.3. IE3 13.16.4. IE4 13.17. Egypt Low Voltage Motors Market Forecast, By Application 13.17.1. Automotive 13.17.2. Electronics 13.17.3. Mining 13.17.4. Textile 13.17.5. Others 13.18. Rest of Middle East & Africa Low Voltage Motors Market Forecast, By Type 13.18.1. IE1 13.18.2. IE2 13.18.3. IE3 13.18.4. IE4 13.19. Rest of Middle East & Africa Low Voltage Motors Market Forecast, By Application 13.19.1. Automotive 13.19.2. Electronics 13.19.3. Mining 13.19.4. Textile 13.19.5. Others 13.20. Middle East & Africa Low Voltage Motors Market Attractiveness Analysis 13.20.1. By Type 13.20.2. By Application 13.21. PEST Analysis 13.22. Key Trends 13.23. Key Developments 14. South America Low Voltage Motors Market Analysis 14.1. Key Findings 14.2. South America Low Voltage Motors Market Overview 14.3. South America Low Voltage Motors Market Value Share Analysis, By Type 14.4. South America Low Voltage Motors Market Forecast, By Type 14.4.1. IE1 14.4.2. IE2 14.4.3. IE3 14.4.4. IE4 14.5. South America Low Voltage Motors Market Value Share Analysis, By Application 14.6. South America Low Voltage Motors Market Forecast, By Application 14.6.1. Automotive 14.6.2. Electronics 14.6.3. Mining 14.6.4. Textile 14.6.5. Others 14.7. South America Low Voltage Motors Market Value Share Analysis, By Country 14.8. South America Low Voltage Motors Market Forecast, By Country 14.8.1. Brazil 14.8.2. Colombia 14.8.3. Argentina 14.8.4. Rest of South America 14.9. South America Low Voltage Motors Market Analysis, By Country 14.10. Brazil Low Voltage Motors Market Forecast, By Type 14.10.1. IE1 14.10.2. IE2 14.10.3. IE3 14.10.4. IE4 14.11. Brazil Low Voltage Motors Market Forecast, By Application 14.11.1. Automotive 14.11.2. Electronics 14.11.3. Mining 14.11.4. Textile 14.11.5. Others 14.12. Colombia Low Voltage Motors Market Forecast, By Type 14.12.1. IE1 14.12.2. IE2 14.12.3. IE3 14.12.4. IE4 14.13. Colombia Low Voltage Motors Market Forecast, By Application 14.13.1. Automotive 14.13.2. Electronics 14.13.3. Mining 14.13.4. Textile 14.13.5. Others 14.14. Argentina Low Voltage Motors Market Forecast, By Type 14.14.1. IE1 14.14.2. IE2 14.14.3. IE3 14.14.4. IE4 14.15. Argentina Low Voltage Motors Market Forecast, By Application 14.15.1. Automotive 14.15.2. Electronics 14.15.3. Mining 14.15.4. Textile 14.15.5. Others 14.16. Rest of South America Low Voltage Motors Market Forecast, By Type 14.16.1. IE1 14.16.2. IE2 14.16.3. IE3 14.16.4. IE4 14.17. Rest of South America Low Voltage Motors Market Forecast, By Application 14.17.1. Automotive 14.17.2. Electronics 14.17.3. Mining 14.17.4. Textile 14.17.5. Others 14.18. South America Low Voltage Motors Market Attractiveness Analysis 14.18.1. By Type 14.18.2. By Application 14.19. PEST Analysis 14.20. Key Trends 14.21. Key Developments 15. Company Profiles 15.1. Market Share Analysis, By Company 15.2. Competition Matrix 15.2.1. Competitive Benchmarking of key players By price, presence, market share, Application, and R&D investment 15.2.2. New Product Launches and Product Enhancements 15.2.3. Market Consolidation 15.2.3.1. M&A By Regions, Investment and Application 15.2.3.2. M&A Key Players, Forward Integration and Backward Integration 15.3. Company Profiles: Key Players 15.3.1. ABB 15.3.1.1. Company Overview 15.3.1.2. Financial Overview 15.3.1.3. Product Portfolio 15.3.1.4. Business Strategy 15.3.1.5. Recent Developments 15.3.1.6. Development Footprint 15.3.2. TECO-Westinghouse Motor Company 15.3.3. Siemens 15.3.4. Hyosung Power and Industrial Types Performance Group 15.3.5. Anhui Wannan Electric Machine 15.3.6. ATB Group 15.3.7. Leroy Somer 15.3.8. LEZ Ruselprom 15.3.9. Luan JiangHuai 15.3.10. NIDEC 15.3.11. Regal Beloit 15.3.12. Shandong Huali Electric Motor Group 15.3.13. GE Industrial 15.3.14. Toshiba International 15.3.15. WEG 15.3.16. VEM Group 16. Primary key Insights

About This Report

Report ID 83866
Category Energy & Power
Published Date February 2021
Updated Date
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