Low Voltage Motors Market size is expected to reach US$ 61.94 Bn by 2029, growing at a CAGR of 6.8% during the forecast period. 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 2022 to 2029 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.To know about the Research Methodology :- Request Free Sample Report
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.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 2021 and is expected to command the market share of xx% by 2029. 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. Based on end user, the automotive segment was dominant in 2021 and is expected to command the market share of xx% by 2029. 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.Low Voltage Motors Market Regional Insights-
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.Low Voltage Motors Market Scope- Inquire before buying
Low Voltage Motors Market Report Coverage Details Base Year: 2022 Forecast Period: 2023-2029 Historical Data: 2017 to 2022 Market Size in 2022: US $ 39.08 Bn. Forecast Period 2023 to 2029 CAGR: 6.8 % Market Size in 2029: US $ 61.94 Bn. Segments Covered: by Type • IE1 • IE2 • IE3 • IE4 by Motor Type • Induction Motors • Synchronous Motors • DC Motors • Others by End user • Automotive • Electronics • Mining • Textile • Others Low Voltage Motors Market, by Region
• North America (United States, Canada and Mexico) • Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) • Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) • Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) • South America (Brazil, Argentina Rest of South America)Low Voltage Motors Market Key Players
• 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 Frequently Asked Questions: 1. Which region has the largest share in Global Low Voltage Motors Market? Ans: North America region held the highest share in 2022. 2. What is the growth rate of Global Low Voltage Motors Market? Ans: The Global Low Voltage Motors Market is growing at a CAGR of 6.8% during forecasting period 2022-2029. 3. What is scope of the Global Low Voltage Motors market report? Ans: Global Low Voltage Motors Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global Low Voltage Motors market? Ans: The important key players in the Global Low Voltage Motors Market are – 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, and VEM Group 5. What is the study period of this market? Ans: The Global Low Voltage Motors Market is studied from 2021 to 2029.
1. Low Voltage Motors Market Introduction 1.1. Study Assumption and Market Definition 1.2. Scope of the Study 1.3. Executive Summary 2. Low Voltage Motors Market: Dynamics 2.1. Low Voltage Motors Market Trends by Region 2.1.1. North America Low Voltage Motors Market Trends 2.1.2. Europe Low Voltage Motors Market Trends 2.1.3. Asia Pacific Low Voltage Motors Market Trends 2.1.4. Middle East and Africa Low Voltage Motors Market Trends 2.1.5. South America Low Voltage Motors Market Trends 2.2. Low Voltage Motors Market Dynamics by Region 2.2.1. North America 2.2.1.1. North America Low Voltage Motors Market Drivers 2.2.1.2. North America Low Voltage Motors Market Restraints 2.2.1.3. North America Low Voltage Motors Market Opportunities 2.2.1.4. North America Low Voltage Motors Market Challenges 2.2.2. Europe 2.2.2.1. Europe Low Voltage Motors Market Drivers 2.2.2.2. Europe Low Voltage Motors Market Restraints 2.2.2.3. Europe Low Voltage Motors Market Opportunities 2.2.2.4. Europe Low Voltage Motors Market Challenges 2.2.3. Asia Pacific 2.2.3.1. Asia Pacific Low Voltage Motors Market Drivers 2.2.3.2. Asia Pacific Low Voltage Motors Market Restraints 2.2.3.3. Asia Pacific Low Voltage Motors Market Opportunities 2.2.3.4. Asia Pacific Low Voltage Motors Market Challenges 2.2.4. Middle East and Africa 2.2.4.1. Middle East and Africa Low Voltage Motors Market Drivers 2.2.4.2. Middle East and Africa Low Voltage Motors Market Restraints 2.2.4.3. Middle East and Africa Low Voltage Motors Market Opportunities 2.2.4.4. Middle East and Africa Low Voltage Motors Market Challenges 2.2.5. South America 2.2.5.1. South America Low Voltage Motors Market Drivers 2.2.5.2. South America Low Voltage Motors Market Restraints 2.2.5.3. South America Low Voltage Motors Market Opportunities 2.2.5.4. South America Low Voltage Motors Market Challenges 2.3. PORTER’s Five Forces Analysis 2.4. PESTLE Analysis 2.5. Technology Roadmap 2.6. Regulatory Landscape by Region 2.6.1. North America 2.6.2. Europe 2.6.3. Asia Pacific 2.6.4. Middle East and Africa 2.6.5. South America 2.7. Key Opinion Leader Analysis For Low Voltage Motors Industry 2.8. Analysis of Government Schemes and Initiatives For Low Voltage Motors Industry 2.9. Low Voltage Motors Market Trade Analysis 2.10. The Global Pandemic Impact on Low Voltage Motors Market 3. Low Voltage Motors Market: Global Market Size and Forecast by Segmentation by Demand and Supply Side (by Value in USD Million) 2022-2029 3.1. Low Voltage Motors Market Size and Forecast, by Type (2022-2029) 3.1.1. IE1 3.1.2. IE2 3.1.3. IE3 3.1.4. IE4 3.2. Low Voltage Motors Market Size and Forecast, by Motor Type (2022-2029) 3.2.1. Induction Motors 3.2.2. Synchronous Motors 3.2.3. DC Motors 3.2.4. Others 3.3. Low Voltage Motors Market Size and Forecast, by End User (2022-2029) 3.3.1. Automotive 3.3.2. Electronics 3.3.3. Mining 3.3.4. Textile 3.3.5. Others 3.4. Low Voltage Motors Market Size and Forecast, by Region (2022-2029) 3.4.1. North America 3.4.2. Europe 3.4.3. Asia Pacific 3.4.4. Middle East and Africa 3.4.5. South America 4. North America Low Voltage Motors Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 4.1. North America Low Voltage Motors Market Size and Forecast, by Type (2022-2029) 4.1.1. IE1 4.1.2. IE2 4.1.3. IE3 4.1.4. IE4 4.2. North America Low Voltage Motors Market Size and Forecast, by Motor Type (2022-2029) 4.2.1. Induction Motors 4.2.2. Synchronous Motors 4.2.3. DC Motors 4.2.4. Others 4.3. North America Low Voltage Motors Market Size and Forecast, by End User (2022-2029) 4.3.1. Automotive 4.3.2. Electronics 4.3.3. Mining 4.3.4. Textile 4.3.5. Others 4.4. North America Low Voltage Motors Market Size and Forecast, by Country (2022-2029) 4.4.1. United States 4.4.1.1. United States Low Voltage Motors Market Size and Forecast, by Type (2022-2029) 4.4.1.1.1. IE1 4.4.1.1.2. IE2 4.4.1.1.3. IE3 4.4.1.1.4. IE4 4.4.1.2. United States Low Voltage Motors Market Size and Forecast, by Motor Type (2022-2029) 4.4.1.2.1. Induction Motors 4.4.1.2.2. Synchronous Motors 4.4.1.2.3. DC Motors 4.4.1.2.4. Others 4.4.1.3. United States Low Voltage Motors Market Size and Forecast, by End User (2022-2029) 4.4.1.3.1. Automotive 4.4.1.3.2. Electronics 4.4.1.3.3. Mining 4.4.1.3.4. Textile 4.4.1.3.5. Others 4.4.2. Canada 4.4.2.1. Canada Low Voltage Motors Market Size and Forecast, by Type (2022-2029) 4.4.2.1.1. IE1 4.4.2.1.2. IE2 4.4.2.1.3. IE3 4.4.2.1.4. IE4 4.4.2.2. Canada Low Voltage Motors Market Size and Forecast, by Motor Type (2022-2029) 4.4.2.2.1. Induction Motors 4.4.2.2.2. Synchronous Motors 4.4.2.2.3. DC Motors 4.4.2.2.4. Others 4.4.2.3. Canada Low Voltage Motors Market Size and Forecast, by End User (2022-2029) 4.4.2.3.1. Automotive 4.4.2.3.2. Electronics 4.4.2.3.3. Mining 4.4.2.3.4. Textile 4.4.2.3.5. Others 4.4.3. Mexico 4.4.3.1. Mexico Low Voltage Motors Market Size and Forecast, by Type (2022-2029) 4.4.3.1.1. IE1 4.4.3.1.2. IE2 4.4.3.1.3. IE3 4.4.3.1.4. IE4 4.4.3.2. Mexico Low Voltage Motors Market Size and Forecast, by Motor Type (2022-2029) 4.4.3.2.1. Induction Motors 4.4.3.2.2. Synchronous Motors 4.4.3.2.3. DC Motors 4.4.3.2.4. Others 4.4.3.3. Mexico Low Voltage Motors Market Size and Forecast, by End User (2022-2029) 4.4.3.3.1. Automotive 4.4.3.3.2. Electronics 4.4.3.3.3. Mining 4.4.3.3.4. Textile 4.4.3.3.5. Others 5. Europe Low Voltage Motors Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 5.1. Europe Low Voltage Motors Market Size and Forecast, by Type (2022-2029) 5.2. Europe Low Voltage Motors Market Size and Forecast, by Motor Type (2022-2029) 5.3. Europe Low Voltage Motors Market Size and Forecast, by End User (2022-2029) 5.4. Europe Low Voltage Motors Market Size and Forecast, by Country (2022-2029) 5.4.1. United Kingdom 5.4.1.1. United Kingdom Low Voltage Motors Market Size and Forecast, by Type (2022-2029) 5.4.1.2. United Kingdom Low Voltage Motors Market Size and Forecast, by Motor Type (2022-2029) 5.4.1.3. United Kingdom Low Voltage Motors Market Size and Forecast, by End User(2022-2029) 5.4.2. France 5.4.2.1. France Low Voltage Motors Market Size and Forecast, by Type (2022-2029) 5.4.2.2. France Low Voltage Motors Market Size and Forecast, by Motor Type (2022-2029) 5.4.2.3. France Low Voltage Motors Market Size and Forecast, by End User(2022-2029) 5.4.3. Germany 5.4.3.1. Germany Low Voltage Motors Market Size and Forecast, by Type (2022-2029) 5.4.3.2. Germany Low Voltage Motors Market Size and Forecast, by Motor Type (2022-2029) 5.4.3.3. Germany Low Voltage Motors Market Size and Forecast, by End User (2022-2029) 5.4.4. Italy 5.4.4.1. Italy Low Voltage Motors Market Size and Forecast, by Type (2022-2029) 5.4.4.2. Italy Low Voltage Motors Market Size and Forecast, by Motor Type (2022-2029) 5.4.4.3. Italy Low Voltage Motors Market Size and Forecast, by End User(2022-2029) 5.4.5. Spain 5.4.5.1. Spain Low Voltage Motors Market Size and Forecast, by Type (2022-2029) 5.4.5.2. Spain Low Voltage Motors Market Size and Forecast, by Motor Type (2022-2029) 5.4.5.3. Spain Low Voltage Motors Market Size and Forecast, by End User (2022-2029) 5.4.6. Sweden 5.4.6.1. Sweden Low Voltage Motors Market Size and Forecast, by Type (2022-2029) 5.4.6.2. Sweden Low Voltage Motors Market Size and Forecast, by Motor Type (2022-2029) 5.4.6.3. Sweden Low Voltage Motors Market Size and Forecast, by End User (2022-2029) 5.4.7. Austria 5.4.7.1. Austria Low Voltage Motors Market Size and Forecast, by Type (2022-2029) 5.4.7.2. Austria Low Voltage Motors Market Size and Forecast, by Motor Type (2022-2029) 5.4.7.3. Austria Low Voltage Motors Market Size and Forecast, by End User (2022-2029) 5.4.8. Rest of Europe 5.4.8.1. Rest of Europe Low Voltage Motors Market Size and Forecast, by Type (2022-2029) 5.4.8.2. Rest of Europe Low Voltage Motors Market Size and Forecast, by Motor Type (2022-2029) 5.4.8.3. Rest of Europe Low Voltage Motors Market Size and Forecast, by End User (2022-2029) 6. Asia Pacific Low Voltage Motors Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 6.1. Asia Pacific Low Voltage Motors Market Size and Forecast, by Type (2022-2029) 6.2. Asia Pacific Low Voltage Motors Market Size and Forecast, by Motor Type (2022-2029) 6.3. Asia Pacific Low Voltage Motors Market Size and Forecast, by End User (2022-2029) 6.4. Asia Pacific Low Voltage Motors Market Size and Forecast, by Country (2022-2029) 6.4.1. China 6.4.1.1. China Low Voltage Motors Market Size and Forecast, by Type (2022-2029) 6.4.1.2. China Low Voltage Motors Market Size and Forecast, by Motor Type (2022-2029) 6.4.1.3. China Low Voltage Motors Market Size and Forecast, by End User (2022-2029) 6.4.2. S Korea 6.4.2.1. S Korea Low Voltage Motors Market Size and Forecast, by Type (2022-2029) 6.4.2.2. S Korea Low Voltage Motors Market Size and Forecast, by Motor Type (2022-2029) 6.4.2.3. S Korea Low Voltage Motors Market Size and Forecast, by End User (2022-2029) 6.4.3. Japan 6.4.3.1. Japan Low Voltage Motors Market Size and Forecast, by Type (2022-2029) 6.4.3.2. Japan Low Voltage Motors Market Size and Forecast, by Motor Type (2022-2029) 6.4.3.3. Japan Low Voltage Motors Market Size and Forecast, by End User (2022-2029) 6.4.4. India 6.4.4.1. India Low Voltage Motors Market Size and Forecast, by Type (2022-2029) 6.4.4.2. India Low Voltage Motors Market Size and Forecast, by Motor Type (2022-2029) 6.4.4.3. India Low Voltage Motors Market Size and Forecast, by End User (2022-2029) 6.4.5. Australia 6.4.5.1. Australia Low Voltage Motors Market Size and Forecast, by Type (2022-2029) 6.4.5.2. Australia Low Voltage Motors Market Size and Forecast, by Motor Type (2022-2029) 6.4.5.3. Australia Low Voltage Motors Market Size and Forecast, by End User (2022-2029) 6.4.6. Indonesia 6.4.6.1. Indonesia Low Voltage Motors Market Size and Forecast, by Type (2022-2029) 6.4.6.2. Indonesia Low Voltage Motors Market Size and Forecast, by Motor Type (2022-2029) 6.4.6.3. Indonesia Low Voltage Motors Market Size and Forecast, by End User (2022-2029) 6.4.7. Malaysia 6.4.7.1. Malaysia Low Voltage Motors Market Size and Forecast, by Type (2022-2029) 6.4.7.2. Malaysia Low Voltage Motors Market Size and Forecast, by Motor Type (2022-2029) 6.4.7.3. Malaysia Low Voltage Motors Market Size and Forecast, by End User (2022-2029) 6.4.8. Vietnam 6.4.8.1. Vietnam Low Voltage Motors Market Size and Forecast, by Type (2022-2029) 6.4.8.2. Vietnam Low Voltage Motors Market Size and Forecast, by Motor Type (2022-2029) 6.4.8.3. Vietnam Low Voltage Motors Market Size and Forecast, by End User(2022-2029) 6.4.9. Taiwan 6.4.9.1. Taiwan Low Voltage Motors Market Size and Forecast, by Type (2022-2029) 6.4.9.2. Taiwan Low Voltage Motors Market Size and Forecast, by Motor Type (2022-2029) 6.4.9.3. Taiwan Low Voltage Motors Market Size and Forecast, by End User (2022-2029) 6.4.10. Rest of Asia Pacific 6.4.10.1. Rest of Asia Pacific Low Voltage Motors Market Size and Forecast, by Type (2022-2029) 6.4.10.2. Rest of Asia Pacific Low Voltage Motors Market Size and Forecast, by Motor Type (2022-2029) 6.4.10.3. Rest of Asia Pacific Low Voltage Motors Market Size and Forecast, by End User (2022-2029) 7. Middle East and Africa Low Voltage Motors Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 7.1. Middle East and Africa Low Voltage Motors Market Size and Forecast, by Type (2022-2029) 7.2. Middle East and Africa Low Voltage Motors Market Size and Forecast, by Motor Type (2022-2029) 7.3. Middle East and Africa Low Voltage Motors Market Size and Forecast, by End User (2022-2029) 7.4. Middle East and Africa Low Voltage Motors Market Size and Forecast, by Country (2022-2029) 7.4.1. South Africa 7.4.1.1. South Africa Low Voltage Motors Market Size and Forecast, by Type (2022-2029) 7.4.1.2. South Africa Low Voltage Motors Market Size and Forecast, by Motor Type (2022-2029) 7.4.1.3. South Africa Low Voltage Motors Market Size and Forecast, by End User (2022-2029) 7.4.2. GCC 7.4.2.1. GCC Low Voltage Motors Market Size and Forecast, by Type (2022-2029) 7.4.2.2. GCC Low Voltage Motors Market Size and Forecast, by Motor Type (2022-2029) 7.4.2.3. GCC Low Voltage Motors Market Size and Forecast, by End User (2022-2029) 7.4.3. Nigeria 7.4.3.1. Nigeria Low Voltage Motors Market Size and Forecast, by Type (2022-2029) 7.4.3.2. Nigeria Low Voltage Motors Market Size and Forecast, by Motor Type (2022-2029) 7.4.3.3. Nigeria Low Voltage Motors Market Size and Forecast, by End User (2022-2029) 7.4.4. Rest of ME&A 7.4.4.1. Rest of ME&A Low Voltage Motors Market Size and Forecast, by Type (2022-2029) 7.4.4.2. Rest of ME&A Low Voltage Motors Market Size and Forecast, by Motor Type (2022-2029) 7.4.4.3. Rest of ME&A Low Voltage Motors Market Size and Forecast, by End User (2022-2029) 8. South America Low Voltage Motors Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 8.1. South America Low Voltage Motors Market Size and Forecast, by Type (2022-2029) 8.2. South America Low Voltage Motors Market Size and Forecast, by Motor Type (2022-2029) 8.3. South America Low Voltage Motors Market Size and Forecast, by End User(2022-2029) 8.4. South America Low Voltage Motors Market Size and Forecast, by Country (2022-2029) 8.4.1. Brazil 8.4.1.1. Brazil Low Voltage Motors Market Size and Forecast, by Type (2022-2029) 8.4.1.2. Brazil Low Voltage Motors Market Size and Forecast, by Motor Type (2022-2029) 8.4.1.3. Brazil Low Voltage Motors Market Size and Forecast, by End User (2022-2029) 8.4.2. Argentina 8.4.2.1. Argentina Low Voltage Motors Market Size and Forecast, by Type (2022-2029) 8.4.2.2. Argentina Low Voltage Motors Market Size and Forecast, by Motor Type (2022-2029) 8.4.2.3. Argentina Low Voltage Motors Market Size and Forecast, by End User (2022-2029) 8.4.3. Rest Of South America 8.4.3.1. Rest Of South America Low Voltage Motors Market Size and Forecast, by Type (2022-2029) 8.4.3.2. Rest Of South America Low Voltage Motors Market Size and Forecast, by Motor Type (2022-2029) 8.4.3.3. Rest Of South America Low Voltage Motors Market Size and Forecast, by End User (2022-2029) 9. Global Low Voltage Motors Market: Competitive Landscape 9.1. MMR Competition Matrix 9.2. Competitive Landscape 9.3. Key Players Benchmarking 9.3.1. Company Name 9.3.2. Business Segment 9.3.3. End-user Segment 9.3.4. Revenue (2022) 9.3.5. Company Locations 9.4. Leading Low Voltage Motors Market Companies, by market capitalization 9.5. Market Structure 9.5.1. Market Leaders 9.5.2. Market Followers 9.5.3. Emerging Players 9.6. Mergers and Acquisitions Details 10. Company Profile: Key Players 10.1. ABB 10.1.1. Company Overview 10.1.2. Business Portfolio 10.1.3. Financial Overview 10.1.4. SWOT Analysis 10.1.5. Strategic Analysis 10.1.6. Scale of Operation (small, medium, and large) 10.1.7. Details on Partnership 10.1.8. Regulatory Accreditations and Certifications Received by Them 10.1.9. Awards Received by the Firm 10.1.10. Recent Developments 10.2. TECO-Westinghouse Motor Company 10.3. Siemens 10.4. Hyosung Power and Industrial Types Performance Group 10.5. Anhui Wannan Electric Machine 10.6. ATB Group 10.7. Leroy Somer 10.8. LEZ Ruselprom 10.9. Luan JiangHuai 10.10. NIDEC 10.11. Regal Beloit 10.12. Shandong Huali Electric Motor Group 10.13. GE Industrial 10.14. Toshiba International 10.15. WEG 10.16. VEM Group 11. Key Findings 12. Industry Recommendations 13. Low Voltage Motors Market: Research Methodology 14. Terms and Glossary