Analysis of the North American Low Voltage (LV) Motors Market
Key Factors Driving the Market
Growth of end-user industries spurs overall market demand.
The need for performance optimization and process automation drives the replacement market.
Key Factors Restraining Market Growth
Low-cost Chinese competitors cause intense price pressure.
Global economic uncertainty expected to hinder new investments.
Approximately% of products are sold through OEMs and distributors.
A little over % is sold directly to end users.
Technology is in the mature stage within the LV motors market, with relatively little technological innovation taking place.
Commoditization of motors (to some extent), competition from local and regional participants, and challenges from Asia-Pacific imports makes price a key competitive factor.
About this report
This research service analyzes the current and future trends in the North American Low Voltage (LV) motors market. It identifies various market drivers, restraints, and challenges in the LV motors market, while also providing an estimate of their impact on the market within a specific time period (2012–2019). Forecasts are provided by vertical market and by product segment for this timeframe. The report also assesses different end-user industries and provides the competitive structure and market share analysis of the total LV motors market. It evaluates the impact of urbanization, infrastructure development, wireless intelligence, and other Mega Trends on the market.
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