Low Voltage Motors Industry Is Slated To Expand Nearly 2x Throughout 2031

Posted on 2022-04-21 by Fact.MR in Automotive // 0 Comments

Rockville, US, 2022-Apr-21 — /EPR Network/ —

In 2018, demand for low voltage motors surpassed US$ 25 Bn, growing at a Y-o-Y growth rate of 8.8% in 2019. After emerging from the recessionary downturn induced by COVID-19, sales are expected to be valued at US$ 36.6 Bn by the end of 2021. Long-term growth prospects appear highly optimistic, with an anticipated revenue share of US$ 70.6 Bn as of 2031. Overall, the industry is slated to expand nearly 2x throughout the forecast period of 2021-2031.

Extensive rounds of primary and a comprehensive secondary research have been leveraged by the analysts at Fact.MR to arrive at various estimations and projections for Sales & Demand of Low Voltage Motors, its market share, production footprint, current launches, agreements, ongoing R&D projects, and market strategies.

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Key Segments Covered

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

We leverage space-age industrial and digitalization tools to provide avant-garde actionable Low Voltage Motors Market insights to our clients.

SWOT analysis has been performed in the market study to investigate the strengths, weaknesses, opportunities and threats of each player, both at global and regional levels.

The Market insights of Low Voltage Motors will improve the revenue impact of businesses in various industries by:

Providing a framework tailored toward understanding the attractiveness quotient of various products/solutions/technologies in the Low Voltage Motors Market
Guiding stakeholders to identify key problem areas pertaining to their consolidation strategies in the global Low Voltage Motors market and offers solutions
Assessing the impact of changing regulatory dynamics in the regions in which companies are keen on expanding their footprints
Provides understanding of disruptive technology trends to help businesses make their transitions smoothly
Helping leading companies make strategy recalibrations ahead of their competitors and peers
Offers insights into promising synergies for top players aiming to retain their leadership position in the market & supply side analysis of Low Voltage Motors market .

The latest industry analysis and survey on Low Voltage Motors provides sales outlook in 20+ countries, across key categories. Insights and outlook on Low Voltage Motors market drivers, trends, and influencing factors are also included in the study.

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Competitive Landscape

Strategic collaborations enable manufacturers to increase production and meet consumer demand which will increase revenue and market share. New products and technologies will enable end-users to benefit from products that are eco-friendly by nature.

On August, 25th 2021, to expand its manufacturing capacity of low voltage motors, ABB recently added a manufacturing line in its Faridabad manufacturing plant. With the new line of development for customers operating in different industries such as food & beverage, water & wastewater, cement, metals and mining, HVAC, textiles, and rubber can get energy-efficient motors up to 55kW. The expansion further enhances the commitment to the “Make in India” initiative
In March 2021, Siemens acquired an electrical equipment manufacturer C&S Electric after securing approval from the Competition Commission of India. The company acquired 99.22% equity shares in C&S Electric from its promoters for ?21 billion. Through this acquisition, the company plans to enter the Indian market and create a hub for exporting low-voltage products overseas

Crucial insights in Low Voltage Motors market research report:

Underlying macro- and microeconomic factors impacting the Sales of Low Voltage Motors market.
Basic overview of the Low Voltage Motors, including market definition, classification, and applications.
Scrutinization of each market player based on mergers & acquisitions, R&D projects, and product launches.
Adoption trend and supply side analysis of Low Voltage Motors across various industries.
Important regions and countries offering lucrative opportunities to market stakeholders.

The Demand of Low Voltage Motors Market study includes the current market scenario on the global platform and also Sales of Low Voltage Motors Market development during the forecast period.

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Key Question answered in the Survey of Low Voltage Motors market Report By Fact.MR

Low Voltage Motors Company & brand share analysis: Company and brand share analysis on Low Voltage Motors Market reveals how much market share is captured by Tier 1, Tier 2, and Tier 3 players
Low Voltage Motors Market Historical volume analysis: The industry analysis provides data & insights on historical volume sales of Low Voltage Motors .
Low Voltage Motors Category & segment level analysis: Fact.MR’s Low Voltage Motors market sales outlook offers category and segment level analysis on lucrative and nascent product types. Market players can use this information to identify sales potential and set sales targets at local, country, and regional level.
Low Voltage Motors market Consumption by demographics: The market intelligence study provides consumption by demographics analysis so market players can design their product and marketing strategies on the basis of high-value consumers

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Key Segments Covered

Efficiency Class

Sector

Application

Capacity

Competitive Landscape

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