Low Voltage Motors Market by Type (IE1, IE2, IE3), Application, End-User

List of Tables

The Low Voltage Motors Market is projected to reach USD 40.10 billion by 2030 from USD 23.49 billion in 2022, at a CAGR of 6.91% during the forecast period.

Global Low Voltage Motors Market

KEY MARKET STATISTICS
Base Year Value [2022]	USD 23.49 billion
Estimated Year Value [2023]	USD 25.01 billion
Forecast Year Value [2030]	USD 40.10 billion
CAGR (%)	6.91%

Market Segmentation & Coverage:

This research report analyzes various sub-markets, forecasts revenues, and examines emerging trends in each category to provide a comprehensive outlook on the Low Voltage Motors Market.

Based on Type, market is studied across IE1, IE2, IE3, and IE4. The IE4 is projected to witness significant market share during forecast period.

Based on Application, market is studied across Compressors, Conveyors, Crushers, Extruders, and Pumps & Fans. The Pumps & Fans is projected to witness significant market share during forecast period.

Based on End-User, market is studied across Cement & Mining, Food & beverage, HVAC, Marine, and Water & Wastewater Treatment Plant. The Marine is projected to witness significant market share during forecast period.

Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Asia-Pacific commanded largest market share of 37.12% in 2022, followed by Europe, Middle East & Africa.

Market Statistics:

The report provides market sizing and forecasts across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF; multiple currency support helps organization leaders to make well-informed decisions. In this report, 2018 to 2021 are considered as historical years, 2022 is base year, 2023 is estimated year, and years from 2024 to 2030 are considered as forecast period.

FPNV Positioning Matrix:

The FPNV Positioning Matrix is an indispensable tool for assessing the Low Voltage Motors Market. It comprehensively evaluates vendors, analyzing key metrics related to Business Strategy and Product Satisfaction. This enables users to make informed decisions tailored to their specific needs. Through advanced analysis, vendors are categorized into four distinct quadrants, each representing a different level of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V). Be assured that this insightful framework empowers decision-makers to navigate the market with confidence.

Market Share Analysis:

The Market Share Analysis offers invaluable insights into the vendor landscape Low Voltage Motors Market. By evaluating their impact on overall revenue, customer base, and other key metrics, we provide companies with a comprehensive understanding of their performance and the competitive environment they confront. This analysis also uncovers the level of competition in terms of market share acquisition, fragmentation, dominance, and industry consolidation during the study period.

Key Company Profiles:

The report delves into recent significant developments in the Low Voltage Motors Market, highlighting leading vendors and their innovative profiles. These include ABB Ltd., AC-Motoren GmbH, ATB Group by Wolong Electric Group Co., Ltd., Bonfiglioli, DAC Electric B.V., Electromote (Pty) Ltd., Fuji Electric Co. Ltd., Hansen Corp. by Electrocraft Company, Hyosung Heavy Industries, Kirloskar Electric Company, Legrand Group, Marelli Motori, Meidensha Corporation, Mitsubishi Electric Corporation, Nidec Corp., O.M.E. Motori Elettrici s.r.l., Pelonis Technologies, Inc., Regal Rexnord Corporation, SEW Eurodrive, Shanghai Electrical Machinery Group Co., Ltd., Siemens AG, Tecnotion B.V., TECO-Westinghouse, Toshiba Corp., VEM Group, VYBO Electric, and WEG S.A..

The report offers valuable insights on the following aspects:

1. Market Penetration: It provides comprehensive information about key players' market dynamics and offerings.

2. Market Development: In-depth analysis of emerging markets and penetration across mature market segments, highlighting lucrative opportunities.

3. Market Diversification: Detailed information about new product launches, untapped geographies, recent developments, and investments.

4. Competitive Assessment & Intelligence: Exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of leading players.

5. Product Development & Innovation: Intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast for the Low Voltage Motors Market?

2. Which products, segments, applications, and areas hold the highest investment potential in the Low Voltage Motors Market?

3. What is the competitive strategic window for identifying opportunities in the Low Voltage Motors Market?

4. What are the latest technology trends and regulatory frameworks in the Low Voltage Motors Market?

5. What is the market share of the leading vendors in the Low Voltage Motors Market?

6. Which modes and strategic moves are suitable for entering the Low Voltage Motors Market?

Product Code: MRR-B97C6C5BA298

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

4.1. Introduction
4.2. Low Voltage Motors Market, by Region

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Rising popularity of building and industrial automation activities
  - 5.1.1.2. Increasing adoption of low voltage motors in renewable energy systems
  - 5.1.1.3. Growing awareness of energy conservation and need for energy-efficient motors
- 5.1.2. Restraints
  - 5.1.2.1. Increased heat generation and maintenance issues of LV motors
- 5.1.3. Opportunities
  - 5.1.3.1. Advancements in low voltage motors with inclusion of predictive maintenance features
  - 5.1.3.2. Preference for custom-made standard motors with low-voltage
- 5.1.4. Challenges
  - 5.1.4.1. Concerns associated with limited power output and complex control systems
5.2. Market Segmentation Analysis
- 5.2.1. Type: Expanding adoption IE3 and IE4 low-voltage motors owing to their high energy-saving capacities
- 5.2.2. Application: Advanced and high-performing low-voltage motors to optimize the operations of compressor systems and conveyors
5.3. Market Trend Analysis
5.4. Cumulative Impact of High Inflation
5.5. Porter's Five Forces Analysis
- 5.5.1. Threat of New Entrants
- 5.5.2. Threat of Substitutes
- 5.5.3. Bargaining Power of Customers
- 5.5.4. Bargaining Power of Suppliers
- 5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework

6. Low Voltage Motors Market, by Type

6.1. Introduction
6.2. IE1
6.3. IE2
6.4. IE3
6.5. IE4

7. Low Voltage Motors Market, by Application

7.1. Introduction
7.2. Compressors
7.3. Conveyors
7.4. Crushers
7.5. Extruders
7.6. Pumps & Fans

8. Low Voltage Motors Market, by End-User

8.1. Introduction
8.2. Cement & Mining
8.3. Food & beverage
8.4. HVAC
8.5. Marine
8.6. Water & Wastewater Treatment Plant

9. Americas Low Voltage Motors Market

9.1. Introduction
9.2. Argentina
9.3. Brazil
9.4. Canada
9.5. Mexico
9.6. United States

10. Asia-Pacific Low Voltage Motors Market

10.1. Introduction
10.2. Australia
10.3. China
10.4. India
10.5. Indonesia
10.6. Japan
10.7. Malaysia
10.8. Philippines
10.9. Singapore
10.10. South Korea
10.11. Taiwan
10.12. Thailand
10.13. Vietnam

11. Europe, Middle East & Africa Low Voltage Motors Market

11.1. Introduction
11.2. Denmark
11.3. Egypt
11.4. Finland
11.5. France
11.6. Germany
11.7. Israel
11.8. Italy
11.9. Netherlands
11.10. Nigeria
11.11. Norway
11.12. Poland
11.13. Qatar
11.14. Russia
11.15. Saudi Arabia
11.16. South Africa
11.17. Spain
11.18. Sweden
11.19. Switzerland
11.20. Turkey
11.21. United Arab Emirates
11.22. United Kingdom

12. Competitive Landscape

12.1. FPNV Positioning Matrix
12.2. Market Share Analysis, By Key Player
12.3. Competitive Scenario Analysis, By Key Player
- 12.3.1. Merger & Acquisition
  - 12.3.1.1. ABB Completes Acquisition of Siemens NEMA Motors
- 12.3.2. New Product Launch & Enhancement
  - 12.3.2.1. Siemens Expands Its Servo-Drive System For Manufacturing Applications
  - 12.3.2.2. Innomotics - Launch of a new leading motors and large drives company

13. Competitive Portfolio

13.1. Key Company Profiles
- 13.1.1. ABB Ltd.
- 13.1.2. AC-Motoren GmbH
- 13.1.3. ATB Group by Wolong Electric Group Co., Ltd.
- 13.1.4. Bonfiglioli
- 13.1.5. DAC Electric B.V.
- 13.1.6. Electromote (Pty) Ltd.
- 13.1.7. Fuji Electric Co. Ltd.
- 13.1.8. Hansen Corp. by Electrocraft Company
- 13.1.9. Hyosung Heavy Industries
- 13.1.10. Kirloskar Electric Company
- 13.1.11. Legrand Group
- 13.1.12. Marelli Motori
- 13.1.13. Meidensha Corporation
- 13.1.14. Mitsubishi Electric Corporation
- 13.1.15. Nidec Corp.
- 13.1.16. O.M.E. Motori Elettrici s.r.l.
- 13.1.17. Pelonis Technologies, Inc.
- 13.1.18. Regal Rexnord Corporation
- 13.1.19. SEW Eurodrive
- 13.1.20. Shanghai Electrical Machinery Group Co., Ltd.
- 13.1.21. Siemens AG
- 13.1.22. Tecnotion B.V.
- 13.1.23. TECO-Westinghouse
- 13.1.24. Toshiba Corp.
- 13.1.25. VEM Group
- 13.1.26. VYBO Electric
- 13.1.27. WEG S.A.
13.2. Key Product Portfolio

14. Appendix

14.1. Discussion Guide
14.2. License & Pricing