Market Overview:
The global low voltage motor stator market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for electric vehicles and rising investments in renewable energy sources. Low voltage motor stators are used in a wide range of applications such as OEM, outsourcing, and others. The frame 80-200 mm segment is expected to hold the largest share of the global low voltage motor stator market during the forecast period owing to its high demand from electric vehicles and renewable energy sources industries.
Product Definition:
A low voltage motor stator is a component of an electric motor that helps to create the rotating magnetic field. It is typically made up of copper or aluminum wire coiled around a laminated iron core. The purpose of the low voltage motor stator is to convert electrical energy into mechanical energy.
Frame 80-200 mm:
The global low voltage motor stator market size was valued at USD 1.5 billion in 2016 and is expected to grow at a CAGR of XX% over the forecast period. The increasing demand for energy-efficient drives in industrial applications, such as material handling equipment, is anticipated to drive the growth of this industry over the forecast period.
Low voltage motor stators are used for controlling speed and position of electric motors through variable frequency drives (VFDs).
Frame 200-355 mm:
The frame 200-355 mm is used in low voltage motor stator market. It is a device that helps to protect the windings of electric motors from self-shortage, over temperature and over current. The frame has no physical contact with the windings but instead uses magnetic or electrostatic attraction between itself and the winding to provide insulation and support against high temperatures.
Application Insights:
The OEM sector dominated the global low voltage motor stator market in terms of revenue share in 2017. The segment is expected to witness significant growth over the forecast period owing to increasing demand for customized products from various industries. For instance, automotive and electronics require highly efficient power conversion devices, which are manufactured using special materials and technologies. As a result, OEMs have an upper hand over their counterparts as they can manufacture products according to customer requirements at lower costs.
Outsourcing was the second largest application segment of the global market in 2017 due to rising demand for LVM solutions from various sectors such as healthcare, telecom & IT and industrial automation among others. Low-cost labor rates across emerging economies such as China and India has attracted numerous manufacturing companies from developed countries like North America and Europe outsourcing their production needs there instead of keeping them at home resulting into higher production volumes with lesser number of employees required thereby driving down prices further contributing towards its dominance during that year alone.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing industrialization and rising demand for efficient motors in countries, such as China, Japan, South Korea, Taiwan and India. In addition, growing manufacturing sector in these economies will drive product demand further.
The Asia Pacific region accounted for a revenue share of more than 30% in 2017 owing to high industrial development witnessed by various OEMs across this region. For instance; Siemens opened a new low voltage motor stator production plant at Negeri Sembilan (Malaysia) with an investment of USD X million in 2016 which produced medium voltage motors as well till then it had only produced high voltage products but now it also produces medium Voltage products like step down transformers used for starting up diesel generators or other applications that require less power factor correction than HVoltage products thus making it suitable for traction use on railways or ships etc.
Growth Factors:
- Increasing demand from the automotive sector: The global Low Voltage Motor Stator market is expected to grow at a CAGR of 5.5% during the forecast period, owing to the increasing demand from the automotive sector. The growth of this market can be attributed to the increasing production and sales of passenger cars and commercial vehicles across the globe.
- Rising demand for energy-efficient motors: With governments around the world focusing on reducing greenhouse gas emissions, there is an increased focus on energy-efficient motors, which is driving the growth of Low Voltage Motor Stator market. These motors consume less power as compared to traditional motors and are thus becoming increasingly popular among consumers worldwide.
- Growing popularity of electric vehicles: Electric vehicles are gaining popularity due to their low environmental impact as compared to traditional petrol or diesel-powered vehicles, which is fueling growth in Low Voltage Motor Stator market globally . In addition, government initiatives aimed at promoting electric mobility are also aiding in fuelling this market’s growth prospects overthe forecast period .
Scope Of The Report
Report Attributes
Report Details
Report Title
Low Voltage Motor Stator Market Research Report
By Type
Frame 80-200 mm, Frame 200-355 mm
By Application
OEM, Outsourcing
By Companies
Wuxi Baoda, Rongcheng Hengxin, Jiangsu Tongda, Changzhou Shenli, Henan Yongrong, Tempel, Zhejiang Panlong, Changzhou Huadong, Changzhou ZD, Xinyuan Motor, Wuxi New Ruichi, Wuxi Teco, Changzhou Hexi, Huali, WEG, ABB, Wolong, Siemens, TECO, Nanyang Motor
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 Motor Stator Market Report Segments:
The global Low Voltage Motor Stator market is segmented on the basis of:
Types
Frame 80-200 mm, Frame 200-355 mm
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
OEM, Outsourcing
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:
- Wuxi Baoda
- Rongcheng Hengxin
- Jiangsu Tongda
- Changzhou Shenli
- Henan Yongrong
- Tempel
- Zhejiang Panlong
- Changzhou Huadong
- Changzhou ZD
- Xinyuan Motor
- Wuxi New Ruichi
- Wuxi Teco
- Changzhou Hexi
- Huali
- WEG
- ABB
- Wolong
- Siemens
- TECO
- Nanyang Motor
Highlights of The Low Voltage Motor Stator 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:
- Frame 80-200 mm
- Frame 200-355 mm
- By Application:
- OEM
- Outsourcing
- 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 Motor Stator 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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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?
A low voltage motor stator is a type of electric motor stator that uses a lower voltage than standard motors. This allows the use of smaller and less expensive coils, which can lead to increased efficiency and reduced weight.
Some of the major players in the low voltage motor stator market are Wuxi Baoda, Rongcheng Hengxin, Jiangsu Tongda, Changzhou Shenli, Henan Yongrong, Tempel, Zhejiang Panlong, Changzhou Huadong, Changzhou ZD, Xinyuan Motor, Wuxi New Ruichi, Wuxi Teco, Changzhou Hexi, Huali, WEG, ABB, Wolong, Siemens, TECO, Nanyang Motor.
The low voltage motor stator market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Low Voltage Motor Stator 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 Motor Stator 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 Motor Stator Market - Supply Chain
4.5. Global Low Voltage Motor Stator Market Forecast
4.5.1. Low Voltage Motor Stator Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Low Voltage Motor Stator Market Size (000 Units) and Y-o-Y Growth
4.5.3. Low Voltage Motor Stator Market Absolute $ Opportunity
5. Global Low Voltage Motor Stator 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 Motor Stator Market Size and Volume Forecast by Type
5.3.1. Frame 80-200 mm
5.3.2. Frame 200-355 mm
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Low Voltage Motor Stator 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 Motor Stator Market Size and Volume Forecast by Application
6.3.1. OEM
6.3.2. Outsourcing
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Low Voltage Motor Stator 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 Motor Stator 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 Motor Stator 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 Motor Stator 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 Motor Stator Demand Share Forecast, 2019-2026
9. North America Low Voltage Motor Stator 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 Motor Stator 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 Motor Stator Market Size and Volume Forecast by Application
9.4.1. OEM
9.4.2. Outsourcing
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Low Voltage Motor Stator Market Size and Volume Forecast by Type
9.7.1. Frame 80-200 mm
9.7.2. Frame 200-355 mm
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 Motor Stator Demand Share Forecast, 2019-2026
10. Latin America Low Voltage Motor Stator 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 Motor Stator 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 Motor Stator Market Size and Volume Forecast by Application
10.4.1. OEM
10.4.2. Outsourcing
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Low Voltage Motor Stator Market Size and Volume Forecast by Type
10.7.1. Frame 80-200 mm
10.7.2. Frame 200-355 mm
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 Motor Stator Demand Share Forecast, 2019-2026
11. Europe Low Voltage Motor Stator 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 Motor Stator 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 Motor Stator Market Size and Volume Forecast by Application
11.4.1. OEM
11.4.2. Outsourcing
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Low Voltage Motor Stator Market Size and Volume Forecast by Type
11.7.1. Frame 80-200 mm
11.7.2. Frame 200-355 mm
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 Motor Stator Demand Share, 2019-2026
12. Asia Pacific Low Voltage Motor Stator 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 Motor Stator 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 Motor Stator Market Size and Volume Forecast by Application
12.4.1. OEM
12.4.2. Outsourcing
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Low Voltage Motor Stator Market Size and Volume Forecast by Type
12.7.1. Frame 80-200 mm
12.7.2. Frame 200-355 mm
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 Motor Stator Demand Share, 2019-2026
13. Middle East & Africa Low Voltage Motor Stator 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 Motor Stator 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 Motor Stator Market Size and Volume Forecast by Application
13.4.1. OEM
13.4.2. Outsourcing
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 Motor Stator Market Size and Volume Forecast by Type
13.7.1. Frame 80-200 mm
13.7.2. Frame 200-355 mm
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 Motor Stator Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Low Voltage Motor Stator Market: Market Share Analysis
14.2. Low Voltage Motor Stator Distributors and Customers
14.3. Low Voltage Motor Stator Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Wuxi Baoda
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Rongcheng Hengxin
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Jiangsu Tongda
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Changzhou Shenli
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Henan Yongrong
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Tempel
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Zhejiang Panlong
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Changzhou Huadong
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Changzhou ZD
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Xinyuan Motor
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Wuxi New Ruichi
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Wuxi Teco
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Changzhou Hexi
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Huali
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. WEG
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. ABB
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Wolong
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Siemens
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. TECO
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 Motor
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook