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Global Low Voltage Motor Market Report 2025

Report Price : $4490.00

Pages : 175

Format : PDF

Published : January 2025

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Low Voltage Motor Global Market Report 2025

Name: Low Voltage Motor Global Market Report 2025
Brand: The Business Research Company
Price: 4490.00 USD
Availability: InStock

By Product Type (International Efficiency 1 (IE– Low-Voltage Motors, International Efficiency 2 (IE, Low-Voltage Motors, International Efficiency 3 (IE, Low-Voltage Motors, International Efficiency 4 (IE, Low-Voltage Motors), By Application (Low Voltage Crushers, Low Voltage Compressors, Low Voltage Extruders, Low Voltage Pumps And Fans, Low Voltage Conveyors), By End-User Industries (Food And Beverage, Mining, Automotive, Electronics, Textile, Other End-User Industries) – Impact of Tariff and Trade War on Market Size, Growth, Trends, and Forecast 2025–2034

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

Low Voltage Motor Market Overview

• Low Voltage Motor market size has reached to $39.82 billion in 2024

• Expected to grow to $61.18 billion in 2029 at a compound annual growth rate (CAGR) of 9%

• Growth Driver: Impact Of Industrial Robot Adoption On The Low Voltage Motor Market

• Market Trend: Advancements In Electric Motor Portfolio with High-Efficiency Low-Voltage Motors

• Asia-Pacific was the largest region in 2024.

What Is Covered Under Low Voltage Motor Market?

A low-voltage motor typically refers to an electric motor that operates on a voltage lower than the standard mains voltage used in most residential and industrial applications. In general, low-voltage motors are designed to operate below 1000 volts (1 kV). These motors are commonly used in various applications where lower voltage levels are sufficient to meet operational requirements, such as small appliances, tools, automotive systems, and specific industrial machinery.

The main products of low voltage motors are international efficiency 1 (IE1) low-voltage motors, international efficiency 2 (IE2) low-voltage motors, international efficiency 3 (IE3) low-voltage motors, and international efficiency 4 (IE4) low-voltage motors. IE1 low-voltage motors are basic motors designed for general industrial applications, offering standard efficiency levels. They are used for various applications including low voltage crushers, low voltage compressors, low voltage extruders, low voltage pumps and fans, and low voltage conveyors by food and beverage, mining, automotive, electronics, textile, and other end-user industries.

Low Voltage Motor Market Size and growth rate 2025 to 2029: Graph

What Is The Low Voltage Motor Market Size 2025 And Growth Rate?

The low voltage motor market size has grown rapidly in recent years. It will grow from $39.82 billion in 2024 to $43.28 billion in 2025 at a compound annual growth rate (CAGR) of 8.7%. The growth in the historic period can be attributed to establishment of international standards for motor efficiency and safety, rapid industrialization and urbanization of emerging markets, energy efficiency programs, expansion of telecommunications networks, and proliferation of household appliances.

What Is The Low Voltage Motor Market Growth Forecast?

The low voltage motor market size is expected to see rapid growth in the next few years. It will grow to $61.18 billion in 2029 at a compound annual growth rate (CAGR) of 9.0%. The growth in the forecast period can be attributed to implementation of customer-centric approaches, infrastructure development projects, growth in regenerative medicine and biotech sectors, implementation of cybersecurity measures to protect low voltage motor systems, and implementation of remote monitoring and predictive maintenance solutions for low voltage motors. Major trends in the forecast period include implementation of digital twin technology, development of intelligent electrical grids, miniaturization of motors, development of permanent magnet motors, and technological innovations in motor design.

The forecast of 9.0% growth over the next five years reflects a modest reduction of 1.0% from the previous estimate for this market. This reduction is primarily due to the impact of tariffs between the US and other countries. This is likely to directly affect the US through supply chain disruptions for critical components like copper windings and laminated cores, sourced from key regions such as Mexico, India, and China, which could lead to delays in industrial automation and HVAC system production. The effect will also be felt more widely due to reciprocal tariffs and the negative effect on the global economy and trade due to increased trade tensions and restrictions.

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What’s The Trade War Impact On Machinery Industry?

The swift increase in U.S. tariffs and the ensuing trade tensions in spring 2025 are significantly affecting the machinery sector by increasing costs for steel, hydraulic systems, and precision bearings critical components often imported from tariff-affected regions. Manufacturers of construction, agricultural, and industrial machinery now face squeezed margins, as many long-term contracts prevent immediate price adjustments. The uncertainty has also delayed investment in automation and smart machinery technologies, slowing productivity gains. To adapt, firms are accelerating local supplier development, redesigning products to use alternative materials, and leveraging predictive maintenance to extend equipment lifespans amid higher replacement costs.

How Is The Low Voltage Motor Market Segmented?

1) By Product Type: International Efficiency 1 (IE1) Low-Voltage Motors, International Efficiency 2 (IE2) Low-Voltage Motors, International Efficiency 3 (IE3) Low-Voltage Motors, International Efficiency 4 (IE4) Low-Voltage Motors

2) By Application: Low Voltage Crushers, Low Voltage Compressors, Low Voltage Extruders, Low Voltage Pumps And Fans, Low Voltage Conveyors

3) By End-User Industries: Food And Beverage, Mining, Automotive, Electronics, Textile, Other End-User Industries

Subsegments:

1) By International Efficiency 1 (IE1) Low-Voltage Motors: Standard Efficiency Motors

2) By International Efficiency 2 (IE2) Low-Voltage Motors: High Efficiency Motors

3) By International Efficiency 3 (IE3) Low-Voltage Motors: Premium Efficiency Motors

4) By International Efficiency 4 (IE4) Low-Voltage Motors: Super Premium Efficiency Motors

What Is Driving The Low Voltage Motor Market? Impact Of Industrial Robot Adoption On The Low Voltage Motor Market

The increasing adoption of industrial robots is expected to propel the growth of the low-voltage motor market going forward. Industrial robots are programmable machines typically used in manufacturing and industrial settings to perform tasks that require precision, speed, and consistency. The adoption of industrial robots is driven by the pursuit of increased efficiency, improved quality, enhanced safety, cost savings, flexibility, and technological advancements. Low voltage motors in robotics enable robots to perform a wide range of tasks with agility, accuracy, and energy efficiency, making them essential components in modern robotic systems across various industries and applications. For instance, according to the Industrial Robots Statistics 2023 by the International Federation of Robotics, a Germany-based non-profit organization, around 404,578 industrial robots were installed in Asia in 2022, representing a 5% increase from the 385,143 units installed in 2021. Therefore, the increasing automation in various industries is driving the growth of the low-voltage motor market.

Who Are The Major Players In The Global Low Voltage Motor Market?

Major companies operating in the low voltage motor market are Hitachi Ltd., Siemens AG, General Electric Company, TECO Electric & Machinery Co. Ltd., Mitsubishi Electric Corporation, Schneider Electric, ABB Group, Toshiba International Corporation, Nidec Corporation, Fuji Electric Co. Ltd., WEG S.A., Regal Rexnord Corporation, Johnson Electric Holdings Limited, Wolong Electric Group, HD Hyundai Electric Co. Ltd., Bonfiglioli, Brook Crompton UK Ltd., VEM Group, VYBO Electric, Ruselprom Group, Hoyer Motors

What Are The Key Trends Of The Global Low Voltage Motor Market? Advancements In Electric Motor Portfolio with High-Efficiency Low-Voltage Motors

Major companies operating in the low-voltage motor market are developing electric motors to meet evolving industry demands. Electric motors refer to devices that convert electrical energy into mechanical energy. For instance, in March 2022, Kirloskar Oil Engines Ltd., an India-based power-generating sets manufacturer, launched high-efficiency low voltage electric motors designed to power machines in various industry applications. These motors are manufactured with high-grade copper wires and tested by a BIS-approved, NABL-accredited test lab to ensure top-class performance and efficiency. The launch marks a significant step forward for KOEL in the electric motor segment, enhancing its presence in the industry and offering innovative products that meet customers' needs.

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What Are Latest Mergers And Acquisitions In The Low Voltage Motor Market? ABB Strengthens Position with Siemens Low Voltage NEMA Motor Acquisition

In May 2023, ABB Ltd, a Switzerland-based automation machinery manufacturing company, acquired Siemens's low-voltage NEMA motor business for an amount of $63 million. The acquisition aims to consolidate ABB's position as a top manufacturer in the industrial NEMA motor market, leveraging this strategic move to serve global customers better and align with its motion business area's growth strategy. Siemens AG is a Germany-based manufacturer of low-voltage motors.

What Is The Regional Outlook For The Global Low Voltage Motor Market?

Asia-Pacific was the largest region in the low voltage motor market in 2024. The regions covered in this market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in this market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

What Defines the Low Voltage Motor Market?

The low voltage motor market consists of sales of induction motors, synchronous motors, dc motors, and servo motors. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

How is Market Value Defined and Measured?

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

What is the Market Assessment and Strategic Outlook for the Low Voltage Motor Industry?

The low voltage motor market research report is one of a series of new reports from The Business Research Company that provides market statistics, including industry global market size, regional shares, competitors with the market share, detailed market segments, market trends and opportunities, and any further data you may need to thrive in the low voltage motor industry. The market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future state of the industry.

Low Voltage Motor Market Report Forecast Analysis

Report Attribute	Details
Market Size Value In 2025	$43.28 billion
Revenue Forecast In 2034	$61.18 billion
Growth Rate	CAGR of 9% from 2025 to 2034
Base Year For Estimation	2024
Actual Estimates/Historical Data	2019-2024
Forecast Period	2025 - 2029 - 2034
Market Representation	Revenue in USD Billion and CAGR from 2025 to 2034
Segments Covered	1) By Product Type: International Efficiency 1 (IE1) Low-Voltage Motors, International Efficiency 2 (IE 2) Low-Voltage Motors, International Efficiency 3 (IE 3) Low-Voltage Motors, International Efficiency 4 (IE 4) Low-Voltage Motors 2) By Application: Low Voltage Crushers, Low Voltage Compressors, Low Voltage Extruders, Low Voltage Pumps And Fans, Low Voltage Conveyors 3) By End-User Industries: Food And Beverage, Mining, Automotive, Electronics, Textile, Other End-User Industries Subsegments: 1) By International Efficiency 1 (IE1) Low-Voltage Motors: Standard Efficiency Motors 2) By International Efficiency 2 (IE 2) Low-Voltage Motors: High Efficiency Motors 3) By International Efficiency 3 (IE 3) Low-Voltage Motors: Premium Efficiency Motors 4) By International Efficiency 4 (IE 4) Low-Voltage Motors: Super Premium Efficiency Motors
Regional Scope	Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Country Scope	The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. Additional countries that can be covered in the report are Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled	Hitachi Ltd., Siemens AG, General Electric Company, TECO Electric & Machinery Co. Ltd., Mitsubishi Electric Corporation, Schneider Electric, ABB Group, Toshiba International Corporation, Nidec Corporation, Fuji Electric Co. Ltd., WEG S.A., Regal Rexnord Corporation, Johnson Electric Holdings Limited, Wolong Electric Group, HD Hyundai Electric Co. Ltd., Bonfiglioli, Brook Crompton UK Ltd., VEM Group, VYBO Electric, Ruselprom Group, Hoyer Motors
Customization Scope	Request for Sample
Pricing And Purchase Options	Explore Purchase Options

1. Executive Summary

2. Low Voltage Motor Market Characteristics

3. Low Voltage Motor Market Trends And Strategies

4. Low Voltage Motor Market - Macro Economic Scenario Including The Impact Of Interest Rates, Inflation, Geopolitics, Trade Wars and Tariffs, And Covid And Recovery On The Market

4.1. Supply Chain Impact from Tariff War & Trade Protectionism

5. Global Low Voltage Motor Growth Analysis And Strategic Analysis Framework

5.1. Global Low Voltage Motor PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)

5.2. Analysis Of End Use Industries

5.3. Global Low Voltage Motor Market Growth Rate Analysis

5.4. Global Low Voltage Motor Historic Market Size and Growth, 2019 - 2024, Value ($ Billion)

5.5. Global Low Voltage Motor Forecast Market Size and Growth, 2024 - 2029, 2034F, Value ($ Billion)

5.6. Global Low Voltage Motor Total Addressable Market (TAM)

6. Low Voltage Motor Market Segmentation

6.1. Global Low Voltage Motor Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

International Efficiency 1 (IE1) Low-Voltage Motors

International Efficiency 2 (IE2) Low-Voltage Motors

International Efficiency 3 (IE3) Low-Voltage Motors

International Efficiency 4 (IE4) Low-Voltage Motors

6.2. Global Low Voltage Motor Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Low Voltage Crushers

Low Voltage Compressors

Low Voltage Extruders

Low Voltage Pumps And Fans

Low Voltage Conveyors

6.3. Global Low Voltage Motor Market, Segmentation By End-User Industries, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Food And Beverage

Mining

Automotive

Electronics

Textile

Other End-User Industries

6.4. Global Low Voltage Motor Market, Sub-Segmentation Of International Efficiency 1 (IE1) Low-Voltage Motors, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Standard Efficiency Motors

6.5. Global Low Voltage Motor Market, Sub-Segmentation Of International Efficiency 2 (IE2) Low-Voltage Motors, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

High Efficiency Motors

6.6. Global Low Voltage Motor Market, Sub-Segmentation Of International Efficiency 3 (IE3) Low-Voltage Motors, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Premium Efficiency Motors

6.7. Global Low Voltage Motor Market, Sub-Segmentation Of International Efficiency 4 (IE4) Low-Voltage Motors, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Super Premium Efficiency Motors

7. Low Voltage Motor Market Regional And Country Analysis

7.1. Global Low Voltage Motor Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

7.2. Global Low Voltage Motor Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8. Asia-Pacific Low Voltage Motor Market

8.1. Asia-Pacific Low Voltage Motor Market Overview

Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

8.2. Asia-Pacific Low Voltage Motor Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8.3. Asia-Pacific Low Voltage Motor Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8.4. Asia-Pacific Low Voltage Motor Market, Segmentation By End-User Industries, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

9. China Low Voltage Motor Market

9.1. China Low Voltage Motor Market Overview

9.2. China Low Voltage Motor Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

9.3. China Low Voltage Motor Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

9.4. China Low Voltage Motor Market, Segmentation By End-User Industries, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

10. India Low Voltage Motor Market

10.1. India Low Voltage Motor Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

10.2. India Low Voltage Motor Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

10.3. India Low Voltage Motor Market, Segmentation By End-User Industries, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11. Japan Low Voltage Motor Market

11.1. Japan Low Voltage Motor Market Overview

11.2. Japan Low Voltage Motor Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11.3. Japan Low Voltage Motor Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11.4. Japan Low Voltage Motor Market, Segmentation By End-User Industries, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12. Australia Low Voltage Motor Market

12.1. Australia Low Voltage Motor Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12.2. Australia Low Voltage Motor Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12.3. Australia Low Voltage Motor Market, Segmentation By End-User Industries, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13. Indonesia Low Voltage Motor Market

13.1. Indonesia Low Voltage Motor Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13.2. Indonesia Low Voltage Motor Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13.3. Indonesia Low Voltage Motor Market, Segmentation By End-User Industries, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14. South Korea Low Voltage Motor Market

14.1. South Korea Low Voltage Motor Market Overview

14.2. South Korea Low Voltage Motor Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14.3. South Korea Low Voltage Motor Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14.4. South Korea Low Voltage Motor Market, Segmentation By End-User Industries, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15. Western Europe Low Voltage Motor Market

15.1. Western Europe Low Voltage Motor Market Overview

15.2. Western Europe Low Voltage Motor Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15.3. Western Europe Low Voltage Motor Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15.4. Western Europe Low Voltage Motor Market, Segmentation By End-User Industries, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16. UK Low Voltage Motor Market

16.1. UK Low Voltage Motor Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16.2. UK Low Voltage Motor Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16.3. UK Low Voltage Motor Market, Segmentation By End-User Industries, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17. Germany Low Voltage Motor Market

17.1. Germany Low Voltage Motor Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17.2. Germany Low Voltage Motor Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17.3. Germany Low Voltage Motor Market, Segmentation By End-User Industries, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18. France Low Voltage Motor Market

18.1. France Low Voltage Motor Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18.2. France Low Voltage Motor Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18.3. France Low Voltage Motor Market, Segmentation By End-User Industries, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19. Italy Low Voltage Motor Market

19.1. Italy Low Voltage Motor Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19.2. Italy Low Voltage Motor Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19.3. Italy Low Voltage Motor Market, Segmentation By End-User Industries, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20. Spain Low Voltage Motor Market

20.1. Spain Low Voltage Motor Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20.2. Spain Low Voltage Motor Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20.3. Spain Low Voltage Motor Market, Segmentation By End-User Industries, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21. Eastern Europe Low Voltage Motor Market

21.1. Eastern Europe Low Voltage Motor Market Overview

21.2. Eastern Europe Low Voltage Motor Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21.3. Eastern Europe Low Voltage Motor Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21.4. Eastern Europe Low Voltage Motor Market, Segmentation By End-User Industries, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22. Russia Low Voltage Motor Market

22.1. Russia Low Voltage Motor Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22.2. Russia Low Voltage Motor Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22.3. Russia Low Voltage Motor Market, Segmentation By End-User Industries, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23. North America Low Voltage Motor Market

23.1. North America Low Voltage Motor Market Overview

23.2. North America Low Voltage Motor Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23.3. North America Low Voltage Motor Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23.4. North America Low Voltage Motor Market, Segmentation By End-User Industries, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24. USA Low Voltage Motor Market

24.1. USA Low Voltage Motor Market Overview

24.2. USA Low Voltage Motor Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24.3. USA Low Voltage Motor Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24.4. USA Low Voltage Motor Market, Segmentation By End-User Industries, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25. Canada Low Voltage Motor Market

25.1. Canada Low Voltage Motor Market Overview

25.2. Canada Low Voltage Motor Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25.3. Canada Low Voltage Motor Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25.4. Canada Low Voltage Motor Market, Segmentation By End-User Industries, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26. South America Low Voltage Motor Market

26.1. South America Low Voltage Motor Market Overview

26.2. South America Low Voltage Motor Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26.3. South America Low Voltage Motor Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26.4. South America Low Voltage Motor Market, Segmentation By End-User Industries, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27. Brazil Low Voltage Motor Market

27.1. Brazil Low Voltage Motor Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27.2. Brazil Low Voltage Motor Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27.3. Brazil Low Voltage Motor Market, Segmentation By End-User Industries, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28. Middle East Low Voltage Motor Market

28.1. Middle East Low Voltage Motor Market Overview

28.2. Middle East Low Voltage Motor Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28.3. Middle East Low Voltage Motor Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28.4. Middle East Low Voltage Motor Market, Segmentation By End-User Industries, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29. Africa Low Voltage Motor Market

29.1. Africa Low Voltage Motor Market Overview

29.2. Africa Low Voltage Motor Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29.3. Africa Low Voltage Motor Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29.4. Africa Low Voltage Motor Market, Segmentation By End-User Industries, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

30. Low Voltage Motor Market Competitive Landscape And Company Profiles

30.1. Low Voltage Motor Market Competitive Landscape

30.2. Low Voltage Motor Market Company Profiles

30.2.1. Hitachi Ltd. Overview, Products and Services, Strategy and Financial Analysis

30.2.2. Siemens AG Overview, Products and Services, Strategy and Financial Analysis

30.2.3. General Electric Company Overview, Products and Services, Strategy and Financial Analysis

30.2.4. TECO Electric & Machinery Co. Ltd. Overview, Products and Services, Strategy and Financial Analysis

30.2.5. Mitsubishi Electric Corporation Overview, Products and Services, Strategy and Financial Analysis

31. Low Voltage Motor Market Other Major And Innovative Companies

31.1. Schneider Electric

31.2. ABB Group

31.3. Toshiba International Corporation

31.4. Nidec Corporation

31.5. Fuji Electric Co. Ltd.

31.6. WEG S.A.

31.7. Regal Rexnord Corporation

31.8. Johnson Electric Holdings Limited

31.9. Wolong Electric Group

31.10. HD Hyundai Electric Co. Ltd.

31.11. Bonfiglioli

31.12. Brook Crompton UK Ltd.

31.13. VEM Group

31.14. VYBO Electric

31.15. Ruselprom Group

32. Global Low Voltage Motor Market Competitive Benchmarking And Dashboard

33. Key Mergers And Acquisitions In The Low Voltage Motor Market

34. Recent Developments In The Low Voltage Motor Market

35. Low Voltage Motor Market High Potential Countries, Segments and Strategies

35.1 Low Voltage Motor Market In 2029 - Countries Offering Most New Opportunities

35.2 Low Voltage Motor Market In 2029 - Segments Offering Most New Opportunities

35.3 Low Voltage Motor Market In 2029 - Growth Strategies

35.3.1 Market Trend Based Strategies

35.3.2 Competitor Strategies

36. Appendix

36.1. Abbreviations

36.2. Currencies

36.3. Historic And Forecast Inflation Rates

36.4. Research Inquiries

36.5. The Business Research Company

36.6. Copyright And Disclaimer

List Of Tables

Table 1: Global Historic Market Growth, 2019-2024, $ Billion

Table 2: Global Forecast Market Growth, 2024-2029F, 2034F, $ Billion

Table 3: Global Low Voltage Motor Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 4: Global Low Voltage Motor Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 5: Global Low Voltage Motor Market, Segmentation By End-User Industries, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 6: Global Low Voltage Motor Market, Sub-Segmentation Of International Efficiency 1 (IE1) Low-Voltage Motors, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 7: Global Low Voltage Motor Market, Sub-Segmentation Of International Efficiency 2 (IE2) Low-Voltage Motors, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 8: Global Low Voltage Motor Market, Sub-Segmentation Of International Efficiency 3 (IE3) Low-Voltage Motors, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 9: Global Low Voltage Motor Market, Sub-Segmentation Of International Efficiency 4 (IE4) Low-Voltage Motors, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 10: Global Low Voltage Motor Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 11: Global Low Voltage Motor Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 12: Asia-Pacific, Low Voltage Motor Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 13: Asia-Pacific, Low Voltage Motor Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 14: Asia-Pacific, Low Voltage Motor Market, Segmentation By End-User Industries, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 15: China, Low Voltage Motor Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 16: China, Low Voltage Motor Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 17: China, Low Voltage Motor Market, Segmentation By End-User Industries, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 18: India, Low Voltage Motor Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 19: India, Low Voltage Motor Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 20: India, Low Voltage Motor Market, Segmentation By End-User Industries, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 21: Japan, Low Voltage Motor Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 22: Japan, Low Voltage Motor Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 23: Japan, Low Voltage Motor Market, Segmentation By End-User Industries, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 24: Australia, Low Voltage Motor Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 25: Australia, Low Voltage Motor Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 26: Australia, Low Voltage Motor Market, Segmentation By End-User Industries, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 27: Indonesia, Low Voltage Motor Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 28: Indonesia, Low Voltage Motor Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 29: Indonesia, Low Voltage Motor Market, Segmentation By End-User Industries, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 30: South Korea, Low Voltage Motor Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 31: South Korea, Low Voltage Motor Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 32: South Korea, Low Voltage Motor Market, Segmentation By End-User Industries, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 33: Western Europe, Low Voltage Motor Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 34: Western Europe, Low Voltage Motor Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 35: Western Europe, Low Voltage Motor Market, Segmentation By End-User Industries, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 36: UK, Low Voltage Motor Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 37: UK, Low Voltage Motor Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 38: UK, Low Voltage Motor Market, Segmentation By End-User Industries, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 39: Germany, Low Voltage Motor Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 40: Germany, Low Voltage Motor Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 41: Germany, Low Voltage Motor Market, Segmentation By End-User Industries, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 42: France, Low Voltage Motor Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 43: France, Low Voltage Motor Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 44: France, Low Voltage Motor Market, Segmentation By End-User Industries, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 45: Italy, Low Voltage Motor Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 46: Italy, Low Voltage Motor Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 47: Italy, Low Voltage Motor Market, Segmentation By End-User Industries, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 48: Spain, Low Voltage Motor Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 49: Spain, Low Voltage Motor Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 50: Spain, Low Voltage Motor Market, Segmentation By End-User Industries, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 51: Eastern Europe, Low Voltage Motor Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 52: Eastern Europe, Low Voltage Motor Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 53: Eastern Europe, Low Voltage Motor Market, Segmentation By End-User Industries, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 54: Russia, Low Voltage Motor Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 55: Russia, Low Voltage Motor Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 56: Russia, Low Voltage Motor Market, Segmentation By End-User Industries, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 57: North America, Low Voltage Motor Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 58: North America, Low Voltage Motor Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 59: North America, Low Voltage Motor Market, Segmentation By End-User Industries, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 60: USA, Low Voltage Motor Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 61: USA, Low Voltage Motor Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 62: USA, Low Voltage Motor Market, Segmentation By End-User Industries, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 63: Canada, Low Voltage Motor Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 64: Canada, Low Voltage Motor Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 65: Canada, Low Voltage Motor Market, Segmentation By End-User Industries, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 66: South America, Low Voltage Motor Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 67: South America, Low Voltage Motor Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 68: South America, Low Voltage Motor Market, Segmentation By End-User Industries, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 69: Brazil, Low Voltage Motor Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 70: Brazil, Low Voltage Motor Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 71: Brazil, Low Voltage Motor Market, Segmentation By End-User Industries, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 72: Middle East, Low Voltage Motor Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 73: Middle East, Low Voltage Motor Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 74: Middle East, Low Voltage Motor Market, Segmentation By End-User Industries, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 75: Africa, Low Voltage Motor Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 76: Africa, Low Voltage Motor Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 77: Africa, Low Voltage Motor Market, Segmentation By End-User Industries, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 78: Hitachi Ltd. Financial Performance

Table 79: Siemens AG Financial Performance

Table 80: General Electric Company Financial Performance

Table 81: TECO Electric & Machinery Co. Ltd. Financial Performance

Table 82: Mitsubishi Electric Corporation Financial Performance

List Of Figures

Figure 1: Global Historic Market Growth, 2019-2024, $ Billion

Figure 2: Global Forecast Market Growth, 2024-2029F, 2034F, $ Billion

Figure 3: Global Low Voltage Motor Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 4: Global Low Voltage Motor Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 5: Global Low Voltage Motor Market, Segmentation By End-User Industries, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 6: Global Low Voltage Motor Market, Sub-Segmentation Of International Efficiency 1 (IE1) Low-Voltage Motors, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 7: Global Low Voltage Motor Market, Sub-Segmentation Of International Efficiency 2 (IE2) Low-Voltage Motors, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 8: Global Low Voltage Motor Market, Sub-Segmentation Of International Efficiency 3 (IE3) Low-Voltage Motors, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 9: Global Low Voltage Motor Market, Sub-Segmentation Of International Efficiency 4 (IE4) Low-Voltage Motors, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 10: Global Low Voltage Motor Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 11: Global Low Voltage Motor Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 12: Asia-Pacific, Low Voltage Motor Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 13: Asia-Pacific, Low Voltage Motor Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 14: Asia-Pacific, Low Voltage Motor Market, Segmentation By End-User Industries, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 15: China, Low Voltage Motor Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 16: China, Low Voltage Motor Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 17: China, Low Voltage Motor Market, Segmentation By End-User Industries, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 18: India, Low Voltage Motor Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 19: India, Low Voltage Motor Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 20: India, Low Voltage Motor Market, Segmentation By End-User Industries, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 21: Japan, Low Voltage Motor Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 22: Japan, Low Voltage Motor Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 23: Japan, Low Voltage Motor Market, Segmentation By End-User Industries, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 24: Australia, Low Voltage Motor Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 25: Australia, Low Voltage Motor Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 26: Australia, Low Voltage Motor Market, Segmentation By End-User Industries, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 27: Indonesia, Low Voltage Motor Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 28: Indonesia, Low Voltage Motor Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 29: Indonesia, Low Voltage Motor Market, Segmentation By End-User Industries, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 30: South Korea, Low Voltage Motor Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 31: South Korea, Low Voltage Motor Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 32: South Korea, Low Voltage Motor Market, Segmentation By End-User Industries, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 33: Western Europe, Low Voltage Motor Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 34: Western Europe, Low Voltage Motor Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 35: Western Europe, Low Voltage Motor Market, Segmentation By End-User Industries, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 36: UK, Low Voltage Motor Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 37: UK, Low Voltage Motor Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 38: UK, Low Voltage Motor Market, Segmentation By End-User Industries, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 39: Germany, Low Voltage Motor Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 40: Germany, Low Voltage Motor Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 41: Germany, Low Voltage Motor Market, Segmentation By End-User Industries, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 42: France, Low Voltage Motor Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 43: France, Low Voltage Motor Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 44: France, Low Voltage Motor Market, Segmentation By End-User Industries, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 45: Italy, Low Voltage Motor Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 46: Italy, Low Voltage Motor Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 47: Italy, Low Voltage Motor Market, Segmentation By End-User Industries, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 48: Spain, Low Voltage Motor Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 49: Spain, Low Voltage Motor Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 50: Spain, Low Voltage Motor Market, Segmentation By End-User Industries, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 51: Eastern Europe, Low Voltage Motor Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 52: Eastern Europe, Low Voltage Motor Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 53: Eastern Europe, Low Voltage Motor Market, Segmentation By End-User Industries, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 54: Russia, Low Voltage Motor Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 55: Russia, Low Voltage Motor Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 56: Russia, Low Voltage Motor Market, Segmentation By End-User Industries, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 57: North America, Low Voltage Motor Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 58: North America, Low Voltage Motor Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 59: North America, Low Voltage Motor Market, Segmentation By End-User Industries, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 60: USA, Low Voltage Motor Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 61: USA, Low Voltage Motor Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 62: USA, Low Voltage Motor Market, Segmentation By End-User Industries, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 63: Canada, Low Voltage Motor Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 64: Canada, Low Voltage Motor Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 65: Canada, Low Voltage Motor Market, Segmentation By End-User Industries, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 66: South America, Low Voltage Motor Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 67: South America, Low Voltage Motor Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 68: South America, Low Voltage Motor Market, Segmentation By End-User Industries, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 69: Brazil, Low Voltage Motor Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 70: Brazil, Low Voltage Motor Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 71: Brazil, Low Voltage Motor Market, Segmentation By End-User Industries, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 72: Middle East, Low Voltage Motor Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 73: Middle East, Low Voltage Motor Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 74: Middle East, Low Voltage Motor Market, Segmentation By End-User Industries, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 75: Africa, Low Voltage Motor Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 76: Africa, Low Voltage Motor Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 77: Africa, Low Voltage Motor Market, Segmentation By End-User Industries, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 78: Hitachi Ltd. Financial Performance

Figure 79: Siemens AG Financial Performance

Figure 80: General Electric Company Financial Performance

Figure 81: TECO Electric & Machinery Co. Ltd. Financial Performance

Figure 82: Mitsubishi Electric Corporation Financial Performance

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The market major growth driver - Impact Of Industrial Robot Adoption On The Low Voltage Motor Market. For further insights on this market, request a sample here

What is the forecast market size or the forecast market value of the Low Voltage Motor market?

The low voltage motor market size has grown strongly in recent years. It will grow from $39.82 billion in 2024 to $43.28 billion in 2025 at a compound annual growth rate (CAGR) of 8.7%. The growth in the historic period can be attributed to establishment of international standards for motor efficiency and safety, rapid industrialization and urbanization of emerging markets, energy efficiency programs, expansion of telecommunications networks, and proliferation of household appliances. The low voltage motor market size is expected to see strong growth in the next few years. It will grow to $61.18 billion in 2029 at a compound annual growth rate (CAGR) of 9.0%. The growth in the forecast period can be attributed to implementation of customer-centric approaches, infrastructure development projects, growth in regenerative medicine and biotech sectors, implementation of cybersecurity measures to protect low voltage motor systems, and implementation of remote monitoring and predictive maintenance solutions for low voltage motors. Major trends in the forecast period include implementation of digital twin technology, development of intelligent electrical grids, miniaturization of motors, development of permanent magnet motors, and technological innovations in motor design. For further insights on this market, request a sample here

How is the Low Voltage Motor market segmented?

The low voltage motormarket covered in this report is segmented –
1) By Product Type: International Efficiency 1 (IE1) Low-Voltage Motors, International Efficiency 2 (IE2) Low-Voltage Motors, International Efficiency 3 (IE3) Low-Voltage Motors, International Efficiency 4 (IE4) Low-Voltage Motors
2) By Application: Low Voltage Crushers, Low Voltage Compressors, Low Voltage Extruders, Low Voltage Pumps And Fans, Low Voltage Conveyors
3) By End-User Industries: Food And Beverage, Mining, Automotive, Electronics, Textile, Other End-User Industries Subsegments:
1) By International Efficiency 1 (IE1) Low-Voltage Motors: Standard Efficiency Motors
2) By International Efficiency 2 (IE2) Low-Voltage Motors: High Efficiency Motors
3) By International Efficiency 3 (IE3) Low-Voltage Motors: Premium Efficiency Motors
4) By International Efficiency 4 (IE4) Low-Voltage Motors: Super Premium Efficiency Motors For further insights on this market, request a sample here

Which region has the largest share of the Low Voltage Motor market? What are the other regions covered in the report?

Asia-Pacific was the largest region in the low voltage motor market in 2024. The regions covered in the low voltage motor market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. For further insights on this market, request a sample here.

Who are the major players in the Low Voltage Motor market?

What are the key trends in the Low Voltage Motor market?

Major trends in this market include Advancements In Electric Motor Portfolio with High-Efficiency Low-Voltage Motors. For further insights on this market, request a sample here.

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Low Voltage Motor Global Market Report 2025

Low Voltage Motor Market Overview

What Is Covered Under Low Voltage Motor Market?

What Is The Low Voltage Motor Market Size 2025 And Growth Rate?

What Is The Low Voltage Motor Market Growth Forecast?

What’s The Trade War Impact On Machinery Industry?

How Is The Low Voltage Motor Market Segmented?

What Is Driving The Low Voltage Motor Market? Impact Of Industrial Robot Adoption On The Low Voltage Motor Market

Who Are The Major Players In The Global Low Voltage Motor Market?

What Are The Key Trends Of The Global Low Voltage Motor Market? Advancements In Electric Motor Portfolio with High-Efficiency Low-Voltage Motors

What Are Latest Mergers And Acquisitions In The Low Voltage Motor Market? ABB Strengthens Position with Siemens Low Voltage NEMA Motor Acquisition

What Is The Regional Outlook For The Global Low Voltage Motor Market?

What Defines the Low Voltage Motor Market?

How is Market Value Defined and Measured?

What is the Market Assessment and Strategic Outlook for the Low Voltage Motor Industry?

Low Voltage Motor Market Report Forecast Analysis

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Frequently Asked Questions