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Global Low Voltage Motors Market 2017-2021

  • Executive summary
  • Scope of the report
  • Research methodology
  • Introduction
    • Market outline
      • Table Types of low voltage motors
      • Table Advantages of low voltage motors
      • Table Key parts of low voltage motors
  • Market landscape
    • Market overview
      • Table Supply chain in global low voltage motors market
      • Table Role of major stakeholders in the supply chain of low voltage motors
      • Table Difference between low voltage and medium voltage motors
      • Table Global low voltage motors market 2016-2021 ($ billions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by type
    • Market overview
      • Table Global low voltage motors by type 2016 and 2021 (% revenue share)
      • Table Features of IE low voltage motors
    • Global low voltage motors market by IE1
      • Table Global low voltage motors market by IE1 2016-2021 ($ billions)
    • Global low voltage motors market by IE2
      • Table Global low voltage motors market by IE2 2016-2021 ($ billions)
    • Global low voltage motors market by IE3
      • Table Global low voltage motors market by IE3 2016-2021 ($ billions)
      • Table End-user's point of difference between IE2 and IE3 motors
    • Global low voltage motors market by IE4
      • Table Global low voltage motors market by IE4 2016-2021 ($ billions)
  • Market segmentation by end-user
    • Market overview
      • Table Global low voltage motors market by end-user 2016 and 2021 (% revenue share)
    • Global low voltage motors market in process industries
      • Table Global low voltage motors market in process industries 2016-2021 ($ billions)
      • Table Major concerns of process industries
      • Table Key requirements of oil and gas industries from low voltage motors
    • Global low voltage motors market in discrete industries
      • Table Global low voltage motors market in discrete industries 2016-2021 ($ billions)
      • Table Advantages of using low voltage motors in electronics and electrical industry
    • Global low voltage motors market in HVAC
      • Table Global low voltage motors market in HVAC 2016-2021 ($ billions)
      • Table Key areas where low voltage motors are required in HVAC unit
  • Geographical segmentation
    • Market overview
      • Table Global low voltage motors market by geography 2016 and 2021 (% revenue share)
      • Table Adoption rate of low voltage motors in 2016
    • Low voltage motors market in APAC
      • Table Low voltage motors market in APAC 2016-2021 ($ billions)
      • Table End-user preferences for low voltage motors in APAC
      • Table Investments in APAC
    • Low voltage motors market in Americas
      • Table Low voltage motors market in Americas 2016-2021 ($ billions)
      • Table Investments in Americas
    • Low voltage motors market in EMEA
      • Table Low voltage motors market in EMEA 2016-2021 ($ billions)
      • Table Investments in EMEA
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
  • Market trends
    • Smart sensors used in low voltage motors
      • Table Benefits of using smart sensors in low voltage motors
    • Customized low voltage motors
    • Variable frequency drives to maintain the loads on low voltage motors
      • Table Benefits of variable frequency drives
    • IE5 low voltage motors
  • Key vendor landscape
    • Competitive scenario
    • Other prominent vendors
    • ABB
      • Table ABB: Major business divisions
      • Table ABB: Product portfolio
      • Table ABB: Recent developments
    • ATB
      • Table Features of ATB
      • Table ATB: Product portfolio
      • Table ATB: Recent developments
    • GE
      • Table GE: Product portfolio
      • Table GE: Recent developments
    • Nidec
      • Table Nidec: Product portfolio
      • Table Nidec: Recent developments
    • Siemens
      • Table Siemens: Product portfolio
      • Table Siemens low voltage motors segments
      • Table Siemens: Recent developments
    • WEG
      • Table WEG: Product portfolio
      • Table WEG: Recent developments
  • Appendix
    • List of abbreviations
  • Explore Technavio

Global Low Voltage Motors Market 2017-2021

About Low Voltage Motors

Low voltage motors operate at a voltage below 1,000 V and can deliver a power output of 1,000 kW. As compared with the ordinary motors, these motors are energy efficient and can provide the desired output by achieving optimality in operations. Low voltage motors convert electrical energy into mechanical energy to drive electrical equipment. These motors reduce energy consumption and carbon emissions, providing cost effectiveness to companies with less impact on the environment.

Technavio’s analysts forecast the global low voltage motors market to grow at a CAGR of 9.56% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global low voltage motors market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Low Voltage Motors Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • ABB
  • ATB
  • GE
  • Nidec
  • Siemens
  • WEG
Other prominent vendors
  • AMK
  • Hanzel
  • Marelli Motori
  • OME
  • TECO-Westinghouse Motors (Canada)
  • VEM
Market driver
  • Increasing demand for motors that can provide protection against thermal overload
  • For a full, detailed list, view our report
Market challenge
  • Low voltage motors are susceptible to corrosion
  • For a full, detailed list, view our report
Market trend
  • Smart sensors used in low voltage motors
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Low Voltage Motors Market 2017-2021

Technavio recognizes the following companies as the key players in the global low voltage motors market: ABB, ATB, GE, Nidec, Siemens, and WEG.

Other Prominent Vendors in the market are: AMK, Hanzel, Marelli Motori, OME, TECO-Westinghouse Motors (Canada), and VEM.

Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is smart sensors used in low voltage motors. It has been noticed that the monitoring and maintenance of low voltage motors are time consuming and expensive. Failures or big-sized motors also add up to the total expenses of the end-users.”

According to the report, one driver in the market is increasing demand for motors that can provide protection against thermal overload. As various industries work on variable current loads, the chances of the failure of an equipment increase manifold. To overcome the problem created by the variability in load, industries are now using low voltage motors. The existing and traditional fixed speed motors were not giving the protection required for the equipment to work in adverse conditions. The torque delivered by such motors was also less.

Further, the report states that one challenge in the market is low voltage motors are susceptible to corrosion. Low voltage motors are made from materials like aluminum, copper, and silver that are easily subject to problems of corrosion. The low voltage motors in the equipment that is in contact with moisture or washed regularly might experience issues with the functioning of motors. This will result in the end-users not achieving the desired output. This factor, in turn, gives rise to the low service life of the motors and affects the reputation of the vendor.

Companies Mentioned

ABB, ATB, GE, Nidec, Siemens, WEG, AMK, Hanzel, Marelli Motori, OME, TECO-Westinghouse Motors (Canada), and VEM.

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