The Low Voltage Motors Industry sales study offers a comprehensive analysis on diverse features including production capacities, Low Voltage Motors demand, product developments, sales revenue generation and Low Voltage Motors market outlook across the globe.
170 page market research report by Fact.MR, (Leading business and competitive intelligence provider) on global Low Voltage Motors market sales initiates with an outlook of the market, followed by the scrutiny of the demand and consumption volumes and share and size of various end-use segments
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.
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The readability score of the Low Voltage Motors market demand report is good as it offers chapter-wise layout with each section divided into a smaller sections.
The report encompasses graphs and tables to show the entire assembling. Pictorial demonstration of the definite and estimated values of key segments is visually appealing to readers.
This Low Voltage Motors market outlook report explicates on vital dynamics such as the drivers, restraints and opportunities for key players and competitive analysis of Low Voltage Motors along with key stakeholders as well as emerging players associated with the manufacturing of product.
The Key trends Analysis of Extended Low Voltage Motors market also provides dynamics that are responsible for influencing the future sales and demand of over the forecast period.
Key Companies Profiled:
- ABB Ltd.
- Siemens AG
- WEG Industries
- Nidec Corporation
- General Electric Company (GE)
- Toshiba Corporation
- Hyosung Corporation
- Hyundai Heavy Industries Co. Ltd.
- Shangdong Huali Electric Motor Group Co. Ltd.
- Regal Rexnord Corporation
- TECO Electric & Machinery Co. Ltd.
Questionnaire answered in the market outlook report of Low Voltage Motors include:
- What is the key strategy deployed by large players to maximize Low Voltage Motors market growth?
- What are the main challenges faced by players in the Low Voltage Motors market demand?
- With the advent of technological advancement, how will the Low Voltage Motors market landscape change over the forecast period?
- What does player bring to the table, which is unique as a strategy, and is easy to emulate for new investors in the Low Voltage Motors market size?
How will be insights and market estimations provided in the Fact.MR report on the demand of Low Voltage Motors make a difference?
- The study takes a closer look at the major economic turmoil, with a focus on the recent COVID-19 pandemic disruptions
- The assessment of key growth dynamics highlights the attractiveness of new automation technologies and offers readers insight on the prospect of these during the forecast period
- The study tries to offer a balance perspective of the opportunities in mature and the most lackluster markets
- Provides scrutiny of the industry trends that have shaped recent government policies
- Provides an account of major breakthroughs in all segments that might change the course of the market considerably
- Provides an incisive analysis of socio-political milieu in which the key markets operate, and how will that influence the lucrativeness of the overall Low Voltage Motors market
- Analyzes how collaborations and partnerships among players from different industries shape the key growth dynamics in the near future
- Evaluates the role of various stages of funding on new growth avenues in key regional markets
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
- In November 2021, WEG Industries announced new investments for its existing electric motor factory in Linhares, Brazil. The investment plan extends up to 2023, in the range of R$ 178.2 million, for the modernization and expansion of the production capacity of electric motors. With this investment, the company aims to expand existing structures to 79,000 square meters
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
- 75 – 2.1 kW Low Voltage Motors
- 4 kW Low Voltage Motors
- 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
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