The global low voltage AC motor market is expected to grow at a CAGR of 3.5% during the forecast period, to reach USD 4.2 billion by 2030. The growth of this market is driven by the increasing demand for low voltage AC motors in various applications such as water pump, machine tool, train, compressor and ventilator. The demand for these motors is also increasing due to their high efficiency and lower power consumption compared with other types of motors such as DC motors or induction motors. The global low voltage AC motor market has been segmented on the basis of type into synchronous motors and induction motors; on the basis of application into water pump, machine tool, train, compressor and ventilator; and on the basis of region into North America (NA), Latin America (LA), Europe (EU), Asia Pacific (APAC) and Middle East & Africa (MEA). -The global Low Voltage AC Motor market is expected to grow at a CAGR of 3.5% during the forecast period, 2018-2025. -The growth of the Low Voltage AC Motor market is driven by factors such as increasing demand for energy efficient motors and growing demand for electric vehicles. -Increasing investments in renewable energy sources such as solar and wind power are also driving the growth of the Low Voltage AC Motor market.
Industry Growth Insights published a new data on “Low Voltage AC Motor Market”. The research report is titled “Low Voltage AC Motor Market research by Types (Synchronous Motors, Induction Motors), By Applications (Water Pump, Machine Tool, Train, Compressor, Ventilator, Others), By Players/Companies ABB, Siemens, Brook Crompton, Regal Beloit, TMEIC, Nidec Corp, Yaskawa, Lenze, WEG, Sicme Motori, T-T Electric, Wolong Electric, Haerbin Electric, Changsha Motor Factory, Tellhow Shenyang Electric Machine, XEMC, Yongji Xinshisu Electric Equipment, Shanghai Electric Group, Jiangsu Dazhong, Nanyang Explosion Protection Group, Simo Motor, SEC Electric Machinery”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Low Voltage AC Motor Market Research Report
By Type
Synchronous Motors, Induction Motors
By Application
Water Pump, Machine Tool, Train, Compressor, Ventilator, Others
By Companies
ABB, Siemens, Brook Crompton, Regal Beloit, TMEIC, Nidec Corp, Yaskawa, Lenze, WEG, Sicme Motori, T-T Electric, Wolong Electric, Haerbin Electric, Changsha Motor Factory, Tellhow Shenyang Electric Machine, XEMC, Yongji Xinshisu Electric Equipment, Shanghai Electric Group, Jiangsu Dazhong, Nanyang Explosion Protection Group, Simo Motor, SEC Electric Machinery
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
234
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Low Voltage AC Motor Market Report Segments:
The global Low Voltage AC Motor market is segmented on the basis of:
Types
Synchronous Motors, Induction Motors
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Water Pump, Machine Tool, Train, Compressor, Ventilator, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- ABB
- Siemens
- Brook Crompton
- Regal Beloit
- TMEIC
- Nidec Corp
- Yaskawa
- Lenze
- WEG
- Sicme Motori
- T-T Electric
- Wolong Electric
- Haerbin Electric
- Changsha Motor Factory
- Tellhow Shenyang Electric Machine
- XEMC
- Yongji Xinshisu Electric Equipment
- Shanghai Electric Group
- Jiangsu Dazhong
- Nanyang Explosion Protection Group
- Simo Motor
- SEC Electric Machinery
Highlights of The Low Voltage AC Motor Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Synchronous Motors
- Induction Motors
- By Application:
- Water Pump
- Machine Tool
- Train
- Compressor
- Ventilator
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Low Voltage AC Motor Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
- Market Entry Strategies
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- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Low voltage AC motors are used in applications where the motor requires a lower voltage than standard AC motors. This is typically done to reduce the power consumption of the motor or to allow for a smaller, lighter motor that can be more easily installed.
Some of the major companies in the low voltage ac motor market are ABB, Siemens, Brook Crompton, Regal Beloit, TMEIC, Nidec Corp, Yaskawa, Lenze, WEG, Sicme Motori, T-T Electric, Wolong Electric, Haerbin Electric, Changsha Motor Factory, Tellhow Shenyang Electric Machine, XEMC, Yongji Xinshisu Electric Equipment, Shanghai Electric Group, Jiangsu Dazhong, Nanyang Explosion Protection Group, Simo Motor, SEC Electric Machinery.
The low voltage ac motor market is expected to grow at a compound annual growth rate of 3.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Low Voltage AC Motor Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Low Voltage AC Motor Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Low Voltage AC Motor Market - Supply Chain
4.5. Global Low Voltage AC Motor Market Forecast
4.5.1. Low Voltage AC Motor Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Low Voltage AC Motor Market Size (000 Units) and Y-o-Y Growth
4.5.3. Low Voltage AC Motor Market Absolute $ Opportunity
5. Global Low Voltage AC Motor Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Low Voltage AC Motor Market Size and Volume Forecast by Type
5.3.1. Synchronous Motors
5.3.2. Induction Motors
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Low Voltage AC Motor Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Low Voltage AC Motor Market Size and Volume Forecast by Application
6.3.1. Water Pump
6.3.2. Machine Tool
6.3.3. Train
6.3.4. Compressor
6.3.5. Ventilator
6.3.6. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Low Voltage AC Motor Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Low Voltage AC Motor Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Low Voltage AC Motor Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Low Voltage AC Motor Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Low Voltage AC Motor Demand Share Forecast, 2019-2026
9. North America Low Voltage AC Motor Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Low Voltage AC Motor Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Low Voltage AC Motor Market Size and Volume Forecast by Application
9.4.1. Water Pump
9.4.2. Machine Tool
9.4.3. Train
9.4.4. Compressor
9.4.5. Ventilator
9.4.6. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Low Voltage AC Motor Market Size and Volume Forecast by Type
9.7.1. Synchronous Motors
9.7.2. Induction Motors
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Low Voltage AC Motor Demand Share Forecast, 2019-2026
10. Latin America Low Voltage AC Motor Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Low Voltage AC Motor Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Low Voltage AC Motor Market Size and Volume Forecast by Application
10.4.1. Water Pump
10.4.2. Machine Tool
10.4.3. Train
10.4.4. Compressor
10.4.5. Ventilator
10.4.6. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Low Voltage AC Motor Market Size and Volume Forecast by Type
10.7.1. Synchronous Motors
10.7.2. Induction Motors
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Low Voltage AC Motor Demand Share Forecast, 2019-2026
11. Europe Low Voltage AC Motor Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Low Voltage AC Motor Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Low Voltage AC Motor Market Size and Volume Forecast by Application
11.4.1. Water Pump
11.4.2. Machine Tool
11.4.3. Train
11.4.4. Compressor
11.4.5. Ventilator
11.4.6. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Low Voltage AC Motor Market Size and Volume Forecast by Type
11.7.1. Synchronous Motors
11.7.2. Induction Motors
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Low Voltage AC Motor Demand Share, 2019-2026
12. Asia Pacific Low Voltage AC Motor Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Low Voltage AC Motor Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Low Voltage AC Motor Market Size and Volume Forecast by Application
12.4.1. Water Pump
12.4.2. Machine Tool
12.4.3. Train
12.4.4. Compressor
12.4.5. Ventilator
12.4.6. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Low Voltage AC Motor Market Size and Volume Forecast by Type
12.7.1. Synchronous Motors
12.7.2. Induction Motors
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Low Voltage AC Motor Demand Share, 2019-2026
13. Middle East & Africa Low Voltage AC Motor Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Low Voltage AC Motor Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Low Voltage AC Motor Market Size and Volume Forecast by Application
13.4.1. Water Pump
13.4.2. Machine Tool
13.4.3. Train
13.4.4. Compressor
13.4.5. Ventilator
13.4.6. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Low Voltage AC Motor Market Size and Volume Forecast by Type
13.7.1. Synchronous Motors
13.7.2. Induction Motors
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Low Voltage AC Motor Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Low Voltage AC Motor Market: Market Share Analysis
14.2. Low Voltage AC Motor Distributors and Customers
14.3. Low Voltage AC Motor Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. ABB
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Siemens
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Brook Crompton
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Regal Beloit
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. TMEIC
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Nidec Corp
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Yaskawa
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Lenze
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. WEG
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Sicme Motori
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. T-T Electric
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Wolong Electric
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Haerbin Electric
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Changsha Motor Factory
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Tellhow Shenyang Electric Machine
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. XEMC
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Yongji Xinshisu Electric Equipment
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Shanghai Electric Group
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Jiangsu Dazhong
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Nanyang Explosion Protection Group
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook