Report Description Table of Contents The Global Low Voltage Motor Market will witness a robust CAGR of 7.5%, valued at $ 23.5 Billion in 2024, expected to appreciate and reach $ 41.9 Billion by 2032. Low voltage motors are a cost-effective alternative to high voltage motors in circumstances where low voltage is necessary for operator or customer safety. The use of low-voltage drives can reduce design, assembly, and commissioning costs because of less stringent design criteria. Potential uses include robotics, medical equipment, laser engraving machines, and packaging. Squirrel-cage motors that operate on a three-phase power supply with a voltage range of 0.06 kW to 1,250 kW or 200 V to 690 V are considered low-voltage motors. They come in various fixed rotation speeds, and they can also be equipped with mechanical gears of various kinds to lower their speed or with a frequency inverter for continuous speed control. Low-voltage motors are often preferred due to their familiarity, lower component cost, and ease of service. However, switching to a medium-voltage motor may have benefits when horsepower (hp) rises. While medium-voltage motors can achieve 250 horsepower and beyond, low-voltage motors are usually limited to 1,000 horsepower. Low-voltage motors are capable of achieving and exceeding 5,000 horsepower in certain variable frequency drive (VFD) applications. Low-voltage motor energy efficiency has increased significantly in recent years due to improved energy efficiency laws and technological advancements. The market is witnessing the growing importance of higher energy-efficient motors, such as IE3 and IE4. In addition, some manufacturers offer motors that are IE5 and IE5 compliant, which means they are made to meet IE5 ultra-premium energy efficiency standards. The performance of the industrial sector often reflects the need for motors. The market growth for LV motors is anticipated to slow down to approximately 0.29% in unit sales terms in 2023. Reciprocal price reductions will cause revenues to drop by more than 10%. Looking at the market over a longer period of time, it is projected that 2026 will be a year of economic contraction that will impact sales. Low-voltage motor energy efficiency has increased significantly in recent years due to improved energy efficiency laws and technological advancements. The market is witnessing the growing importance of higher energy-efficient motors, such as IE3 and IE4. The leaders in low voltage motor efficiency, IE4 motors are perfect for applications where optimizing energy savings is essential like production lines, large ventilation systems, and critical pumps in industries with long operating hours; high-cost electricity regions; and strict regulations requiring high-efficiency motors. Examples of these applications include continuous-duty industrial operations and HVAC systems in large buildings (chilled water pumps, AHU fans, data center cooling). IE3 motors are a well-liked option as it is utilized in applications with low running times, such as ventilation systems, machine tools, and conveyors. Similarly, commercial buildings use IE3 motors in their HVAC systems, especially for fans and pumps in hydronic systems, to achieve a balance between efficiency and upfront cost. A major focus is on higher efficiency motors. Regulations and sustainability initiatives are pushing for wider adoption of IE3 and even IE4 or IE5 standard motors, which use less energy. Commercial HVAC, food, beverage, mining, material handling, industrial automation, automotive, plastics, packaging, and oil and gas are the main industries for low-voltage motors. Commercial HVAC and Industrial automation sector heavily utilizes low voltage motors for various purpose. In industrial automation, low voltage provides energy to conveyor belts, machine tools, robots, and other equipments in material handling and automated production lines in a variety of sectors. Similarly, in Commercial HVAC relies on low voltage motors for several functions. . Low voltage motors are deployed in Blower fans, exhaust fans, and return fans for the air handling; in pumps and condenser water pumps for the fluid movement, and also deployed in dampers, cooling tower fans, and refrigeration compressors. As commercial HVAC is itself a huge market at a global level and one of the major contributor in giving boost to the demands of LV motors. Asia Pacific’s industrial sector specifically in China is expanding at a rapid rate. Globally, Siemens, Hyosung, ABB (including Baldor), Regal Beloit, Huali (China), WEG, Teco, Hyundai, Leroy Somer, Toshiba, and Nidec are the top key players in low voltage motors. Automation on the Rise: Unveiling the Key Drivers of the Low Voltage Motor Market Due to strict energy efficiency rules and standards, industries were compelled to replace their old, less energy-efficient motors with newer, more efficient ones. As a result, there was a high demand for low voltage motors that meet or exceed these specifications. Standards for energy-efficient motors have been actively developed and updated by a number of international organizations, including the American National Standards Institute (ANSI) and the International Electrotechnical Commission (IEC). Manufacturers who want to sell their goods abroad frequently follow these guidelines. Motor efficiency is frequently divided into several classes, the most well-known being IE2, IE3, and IE4. The DOE in the United States has set rules pertaining to motor energy efficiency. The Energy Independence & Security Act establishes minimum efficiency requirements for general-purpose motors. Motors made or imported for sale in the United States must adhere to these standards. The EU has implemented laws about the eco-design of energy-related goods, such as electric motors. The EU Motor Regulation (EU) 2019/1781 specifies electric motor energy efficiency. Low voltage motors are increasingly used in electric power steering, HVAC systems, and auxiliary parts of electric vehicles (EVs) due to the rising focus on EVs and the electrification of transportation infrastructures. Government incentives, environmental consciousness, and battery technology breakthroughs were among the causes driving the steady increase in sales of electric vehicles. Automobile and original equipment manufacturers (OEMs) have been funding the development of electric vehicles and collaborating with vendors specializing in electric drivetrain components, such as low voltage motors. In an attempt to lower carbon emissions, several nations have enacted or proposed legislation to promote the use of EVs. The market for EVs will rise as a result of these policies, which will increase demand for low-voltage motors. Powering Forward, But Not Without Restraints: The Low Voltage Motor Market The low voltage motor market is impacted by a number of factors, such as the high upfront costs of purchasing energy-efficient models, the possibility of market saturation in developed economies, the lack of awareness of the advantages of energy-efficient motors in certain regions, supply chain disruptions, and competition from emerging technologies such as advanced control systems and direct drive motors. A Market Ripe for Innovation: Exploring Opportunities in the Low Voltage Motor Market Demand in regions like Asia Pacific, particularly in China, is increasing due to its booming electronics and manufacturing sector. Rising urbanization & infrastructure development in emerging economies create new opportunities for the low voltage motor market. With the exponential growth of the electronics industry and the rising demand for varied electronics devices and equipment, there is a significant opportunity for companies supplying Low Voltage Motor used in electronics devices. Lower voltage motors are increasingly recognized as an essential component of sustainable energy projects, from large-scale operations to small-scale renewable systems, due to their uses & advantages. Precision Targeting: How Market Segmentation Drives Success in the Low Voltage Motor Market The market for low voltage motor is segmented on the basis of Efficiency Class, Application, End-user, and Region. By Efficiency Class IE4 IE3 IE2 IE1 By Application Low Voltage Crushers Low Voltage Compressors Low Voltage Extruders Low Voltage Pumps & Fans Low Voltage Conveyors By End-User Automotive Food & Beverage Electronics Mining Textile Others Powering the World: A Look at the Low Voltage Market Across Regions North America • USA • Canada Asia Pacific • China • India • Japan • South Korea • Australia • Rest of APAC Europe • France • UK • Germany • Rest of Europe On the basis of efficiency class, the IE3 segment holds the majority of position in the market with 31% of revenue share. The efficiency of an IE3 motor is around 93.6%, and it can run for 3500 hours a year on a conveyor belt in a warehouse, running nonstop. IE3 motors are the industry leader in low voltage applications because of their price and efficiency. They are utilized in fans and pumps in commercial building HVAC systems, and can power several industrial gear such as conveyors and machine tools. The IE3’s lower energy consumption leads to reduced CO2 emissions, which aligns with corporate social responsibility goals and attracts sustainability-minded customers and investors. On the basis of application, the low-voltage pumps and fans segment ruled the market comprehensively, with a revenue share of 38%. Low-voltage motors are widely used in many different sectors for fans and pumps. Centrifugal and positive displacement pumps in pump systems, used for fluid transfer in applications including water delivery, wastewater treatment, and industrial processes, are powered by low-voltage motors. When it comes to fans, axial or centrifugal fans used in industrial environments for air circulation, HVAC systems, and ventilation are powered by low-voltage motors. Low-voltage motors are essential parts of maximizing the performance of pumps and fans, which raises the overall efficiency and dependability of the system due to their ability to give precise control and energy-efficient performance. On the basis of end users, the Commercial HVAC segment comprehensively ruled the market with 29% of revenue share. HVAC systems rely heavily on low-voltage electric motors for dependable and efficient operation. Fans, blowers, pumps, and other HVAC system components are all powered by these motors. The energy-efficient performance and lower voltage operation of the motors make them ideal for HVAC applications, maximizing comfort and controlling the environment while consuming the least amount of energy. Regionally, Asia Pacific is the biggest market, with a revenue share of 46%. China is the largest market for low voltage motors in the Asia-Pacific region. China's growth can be ascribed to the country's quick industrialization, fast urbanization, and rising infrastructure construction expenditures. The country's booming electronics industry in terms of manufacturing/ production, R&D, and exporting electronics products around the globe, led to a surge in demand for Low Voltage Motors. The revenue generated in Consumer Electronics market in China in 2024 amounts to about $ 219 billion and is projected to experience a growth rate of 5.2% (CAGR 2024-2028). Low voltage motors are used in electronic equipments like Disk drivers, cooling fans of computers and consoles, printers, cameras, video game controllers, and drones. Furthermore, China and other APAC nations are experiencing a surge in demand for low voltage motors due to growing government initiatives that support energy conservation and the use of green technologies. Europe, held an overall share of around 25% in 2023 and is a significant target market for the manufacturers. Rising demand for Low Voltage Motors in Europe is because of the increasing infrastructure development projects and the surge in the demand for commercial HVAC. Countries like Germany, France, the UK, and Italy focus on replacing obsolete infrastructure with newer structures with all the automation and facilities that are the need of the hour. The European low voltage motor market is thriving due to a focus on energy efficiency driven by regulations like European Green Deal. Several initiatives are part of the Green Deal, such as increasing the use of renewable energy sources, promoting sustainable forestry and agriculture practices, and establishing a circular economy. Automation and infrastructure upgrades are creating a demand for reliable, low-power motors, while the emphasis on sustainability is making energy-efficient motors an appealing choice, reducing energy consumption and environmental impact across Europe. Furthermore, the emphasis on sustainability allows them to position themselves as leaders in eco-friendly manufacturing, attracting environmentally conscious customers. North America held a total share of almost 21% in 2024. US comprehensively led the market in North America. The United States has a high demand for Low Voltage Motors due to its vast and still expanding automotive sector. The transition from the conventional fuel-based vehicle towards the EVs are helping in increasing the demand for low voltage motors. Low voltage AC induction motors and permanent magnet synchronous motors (PMSMs) are most commonly used in the EV sector offering a distinct choice in terms of cost, performance, and efficiency. Low voltage motors are needed for parts like climate control systems, windows, and power steering in EV manufacture. Furthermore, low voltage motors are necessary for the operation of the growing network of EV charging stations. With increasing demand for motors of low voltage, and government support, companies specializing in Low Voltage Motor manufacturing for varied sectors can benefit significantly. The Driving Force: A Look at Leading Companies in the Low Voltage Motor Market • TECO-Westinghouse Motor Company • ABB • Leroy Somer • Siemens • Anhui Wannan Electric Machine • Luan JiangHuai • Hyosung Power and Industrial Types Performance Group • GE Industrial • ATB Group • LEZ Ruselprom • WEG • Regal Beloit • NIDEC • Shandong Huali Electric Motor Group • Toshiba International • VEM Group Low Voltage Motor Market Report Coverage Report Attribute Details Forecast Period 2024 - 2032 Market size value in 2024 USD 23.5 Billion Revenue Forecast in 2032 USD 41.9 Billion Growth rate CAGR of approximately 7.5% Base year for estimation 2021 Historical data 2017 – 2020 Unit USD Billion, CAGR (2024 - 2032) Segmentation By Efficiency Class, By Application, By End-User By Efficiency Class IE4, IE3, IE2, IE1 By Application Low Voltage Crushers, Low Voltage Compressors, Low Voltage Extruders, Low Voltage Pumps & Fans, Low Voltage Conveyors By End-User Automotive, Food & Beverage, Electronics, Mining, Textile, Others By Region Asia Pacific, North America, Europe, LAMEA Country Scope U.S., Canada, France, Germany, U.K., China, Japan, India, South Korea, Mexico, Brazil, U.A.E. etc. Company Usability Profiles TECO-Westinghouse Motor Company, ABB, Leroy Somer, Siemens, Anhui Wannan Electric Machine, Luan JiangHuai, Hyosung Power and Industrial Types Performance Group, GE Industrial, ATB Group, LEZ Ruselprom, WEG, Regal Beloit, NIDEC, Shandong Huali Electric Motor Group, Toshiba International, VEM Group Pricing and purchase options Avail customized purchase options to meet your exact research needs. A Revolution in Motion: Recent Developments That Are Transforming the Low Voltage Market In September 2023, Infinitum, the company that invented the sustainable air core motor, and Rockwell Automation, Inc., the largest company in the world focused on industrial automation and digital transformation, partnered to jointly develop & distribute a new class of high-efficiency, integrated low voltage drive and motor technology. ?This arrangement will integrate Infinitum's high-efficiency Aircore EC motor system with Rockwell's industry-leading PowerFlex® drive technology. This robust bundle will assist businesses in lowering their carbon footprint by providing a motor system that is 10% more energy-efficient, 50% lighter, and 66% less copper-intensive than conventional iron core motors. In May 2023, ABB acquired the low voltage NEMA motor division of Siemens. This acquisition strengthened ABB's position as a manufacturer of industrial NEMA motors and provided a stronger platform to better serve their global clients. In the second quarter of 2023, ABB renamed the line of severe duty and general-purpose induction motors, both horizontal and vertical, as ABB and reintroduced them to the market. In October 2023, The latest addition to Parker Hannifin's high-performance family of mobile motors is the low-voltage NX8xHM series. Parker Hannifin is a leader in motion & control technology. The new permanent magnet AC motor is a great option for electro-hydraulic pumps used by 48Vdc construction vehicles like mini excavators since it offers a cost effective alternative for both off- and on road vehicles. The motors are also appropriate for auxiliary & on-highway truck steering applications. The NX8xHM motor series is compatible with battery voltages ranging from 24Vdc to 96Vdc. Frequently Asked Question About This Report Which efficiency class type is leading in Low Voltage Motor Market? On the basis of efficiency class, the IE3 segment holds the majority of position in the market with 31% of revenue share. IE3 motors are the industry leader in low voltage applications because of their price and efficiency. They are utilized in fans and pumps in commercial building HVAC systems, and can power several industrial gear such as conveyors and machine tools. Which End-Use type is leading in Low Voltage Motor Market? On the basis of end users, the Commercial HVAC segment comprehensively ruled the market with 29% of revenue share. Fans, blowers, pumps, and other HVAC system components are all powered by these motors. The energy-efficient performance and lower voltage operation of the motors make them ideal for HVAC applications, maximizing comfort and controlling the environment while consuming the least amount of energy. Which region is leading in Low Voltage Motor Market? Asia Pacific is the biggest market, with a revenue share of 46%. China is the largest market for low voltage motors in the Asia-Pacific region. China growth can be ascribed to the country quick industrialization, fast urbanization, and rising infrastructure construction expenditures. The country booming electronics industry in terms of manufacturing / production, R&D, and exporting electronics products around the globe, led to a surge in demand for Low Voltage Motors. Which country is leading in Low Voltage Motor Market? China is the largest market for low voltage motors in the Asia-Pacific region. China growth can be ascribed to the country quick industrialization, fast urbanization, and rising infrastructure construction expenditures. How big is the Global Low Voltage Motor Market and what is its growth forecast? The Global Low Voltage Motor Market will witness a robust CAGR of 7.5%, valued at $ 23.5 Billion in 2024, expected to appreciate and reach $ 41.9 Billion by 2032. What are the trends in the Low Voltage Motor Market? Trends in the Low Voltage Motor Market include increasing adoption of energy-efficient motors, rising demand from industrial automation, growth in electric vehicle production, and advancements in smart motor technologies integrating IoT and AI for improved performance and maintenance. Which application type is leading in Low Voltage Motor Market? The low-voltage pumps and fans segment dominates due to their essential role in HVAC systems, industrial processes, and residential applications, driving consistent demand for energy-efficient and reliable motor solutions. . Table of Contents 1. EXECUTIVE SUMMARY 1.1. Market Attractiveness 1.2. Understanding the Target Customers 1.3. CXO perspective 1.4. Global Low Voltage Motor Market, Historical Market Size & Future Projections Analysis 1.5. Global Low Voltage Motor Market, By Efficiency Class 1.6. Global Low Voltage Motor Market, By Type 1.7. Global Low Voltage Motor Market, By Enclosure Type 1.8. Global Low Voltage Motor Market, By Category 1.9. Global Low Voltage Motor Market, By Application 1.10. Global Low Voltage Motor Market, By End-User 1.11. Global Low Voltage Motor Market, By Country 2. MARKET SHARE ANALYSIS 2.1. Top 20 Players with Revenue and Sales Volume 2.2. Market Share, 2024 3. SALES VOLUME (UNITS), BY COUNTRY 3.1. North America (United States, Canada, Mexico) 3.2. Europe (UK, Germany, France, Netherlands, Italy, Spain, Austria, Belgium, Rest of Europe) 3.3. Asia Pacific (China, Japan, South Korea, India, Australia, Rest of APAC) 3.4. Middle East & Africa (UAE, Saudi Arabia, Qatar, Kuwait, South Africa, Nigeria, Rest of Middle East and Africa) 3.5. South America (Brazil, Argentina, Chile, Peru, Columbia, Rest of South America) 3.6. Rest of the World 4. INVESTMENT OPPORTUNITIES IN THE MARKET 4.1. On Going Market Developments 4.2. Merger & Acquisition Trends 4.3. Key Investment Opportunities 4.4. Most Potential Product Segments from Growth and Investment Perspective 5. MARKET INTRODUCTION 5.1. Definition 5.2. Scope of the Study 5.3. Market Structure 5.4. Macro Factor Indicator Analysis 5.5. Key findings 5.5.1. Top investment pockets 6. RESEARCH METHODOLOGY 6.1. Research Process 6.2. Primary Research 6.3. Secondary Research 6.4. Market Size Estimation 6.5. Forecast Model 7. MARKET DYNAMICS 7.1. Introduction 7.2. Drivers 7.3. Restraints 7.4. Opportunities 7.5. Challenges 8. GLOBAL LOW VOLTAGE MOTOR MARKET ANALYSIS BY SEGMENT (COUNTRY LEVEL ANALYSIS) 8.1. Overview 8.2. Global Low Voltage Motor Historical Market size ($MILLION), Sales Volume, (2017 – 2023) 8.3. Global Low Voltage Motor Market size ($MILLION), Sales Volume, and Forecasts (2024 – 2032) 8.4. Global Low Voltage Motor Market size ($MILLION), Sales Volume, and Forecasts (2024 – 2032), By Efficiency Class 8.4.1. IE1 8.4.2. IE2 8.4.3. IE3 8.4.4. IE4 8.5. Global Low Voltage Motor Market size ($MILLION), Sales Volume, and Forecasts (2024 – 2032), By Type 8.5.1. DC Motors 8.5.1.1. Permanent Magnet TEFC Motor 8.5.1.2. Permanent Magnet TENV Motor 8.5.1.3. Others 8.5.2. Induction Motors 8.5.3. Synchronous Motors 8.5.4. Others 8.6. Global Low Voltage Motor Market size ($MILLION), Sales Volume, and Forecasts (2024 – 2032), By Enclosure Type 8.6.1. TEFC 8.6.2. TENV 8.6.3. TEXP 8.6.4. ODP 8.6.5. Others 8.7. Global Low Voltage Motor Market size ($MILLION), Sales Volume, and Forecasts (2024 – 2032), By Category 8.7.1. Fractional motors 8.7.1.1. Single-Phase Fractional TEFC Motor 8.7.1.2. Three-Phase Fractional Motor 8.7.1.3. Integral horsepower 8.8. Global Low Voltage Motor Market size ($MILLION), Sales Volume, and Forecasts (2024 – 2032), By Application 8.8.1. Low Voltage Compressors 8.8.2. Low Voltage Pumps and Fans 8.8.3. Low Voltage Conveyors 8.8.4. Low Voltage Crushers 8.8.5. Low Voltage Extruders 8.9. Global Low Voltage Motor Market size ($MILLION), Sales Volume, and Forecasts (2024 – 2032), By End-Users 8.9.1. Commercial HVAC 8.9.2. Food & Beverages 8.9.3. Mining 8.9.4. Utilities 8.9.5. Automotive 8.9.6. Electronics 8.9.7. Farm and Agriculture 8.9.8. Marine 8.9.9. Others 8.10. Global Low Voltage Motor Market size ($MILLION), Sales Volume, and Forecasts (2024 – 2032), By Geography 8.10.1. North America 8.10.2. Europe 8.10.3. Asia Pacific 8.10.4. Middle East & Africa 8.10.5. South America 8.10.6. Rest of the World 9. NORTH AMERICA LOW VOLTAGE MOTOR MARKET ANALYSIS 9.1. Overview 9.2. North America Low Voltage Motor Historical Market size ($MILLION), Sales Volume, (2017 – 2023) 9.3. North America Low Voltage Motor Market size ($MILLION), Sales Volume and Forecasts (2024 – 2032) 9.4. North America Low Voltage Motor Market size ($MILLION), Sales Volume, and Forecasts (2024 – 2032), By Efficiency Class 9.4.1. IE1 9.4.2. IE2 9.4.3. IE3 9.4.4. IE4 9.5. North America Low Voltage Motor Market size ($MILLION), Sales Volume, and Forecasts (2024 – 2032), By Type 9.5.1. DC Motors 9.5.1.1. Permanent Magnet TEFC Motor 9.5.1.2. Permanent Magnet TENV Motor 9.5.1.3. Others 9.5.2. Induction Motors 9.5.3. Synchronous Motors 9.5.4. Others 9.6. North America Low Voltage Motor Market size ($MILLION), Sales Volume, and Forecasts (2024 – 2032), By Enclosure Type 9.6.1. TEFC 9.6.2. TENV 9.6.3. TEXP 9.6.4. ODP 9.6.5. Others 9.7. North America Low Voltage Motor Market size ($MILLION), Sales Volume, and Forecasts (2024 – 2032), By Category 9.7.1. Fractional motors 9.7.1.1. Single-Phase Fractional TEFC Motor 9.7.1.2. Three-Phase Fractional Motor 9.7.1.3. Integral horsepower 9.8. North America Low Voltage Motor Market size ($MILLION), Sales Volume, and Forecasts (2024 – 2032), By Application 9.8.1. Low Voltage Compressors 9.8.2. Low Voltage Pumps and Fans 9.8.3. Low Voltage Conveyors 9.8.4. Low Voltage Crushers 9.8.5. Low Voltage Extruders 9.9. North America Low Voltage Motor Market size ($MILLION), Sales Volume, and Forecasts (2024 – 2032), By End-Users 9.9.1. Commercial HVAC 9.9.2. Food & Beverages 9.9.3. Mining 9.9.4. Utilities 9.9.5. Automotive 9.9.6. Electronics 9.9.7. Farm and Agriculture 9.9.8. Marine 9.9.9. Others 9.10. North America Low Voltage Motor Market size ($MILLION), Sales Volume, and Forecasts (2024 – 2032), By Country 9.10.1. USA 9.10.2. Canada 9.10.3. Rest of the North America 10. EUROPE LOW VOLTAGE MOTOR MARKET ANALYSIS 10.1. Overview 10.2. Europe Low Voltage Motor Historical Market size ($MILLION), Sales Volume, (2017 – 2023) 10.3. Europe Low Voltage Motor Market size ($MILLION), Sales Volume, and Forecasts (2024 – 2032) 10.4. Europe Low Voltage Motor Market size ($MILLION), Sales Volume, and Forecasts (2024 – 2032), By Efficiency Class 10.4.1. IE1 10.4.2. IE2 10.4.3. IE3 10.4.4. IE4 10.5. Europe Low Voltage Motor Market size ($MILLION), Sales Volume, and Forecasts (2024 – 2032), By Type 10.5.1. DC Motors 10.5.1.1. Permanent Magnet TEFC Motor 10.5.1.2. Permanent Magnet TENV Motor 10.5.1.3. Others 10.5.2. Induction Motors 10.5.3. Synchronous Motors 10.5.4. Others 10.6. Europe Low Voltage Motor Market size ($MILLION), Sales Volume, and Forecasts (2024 – 2032), By Enclosure Type 10.6.1. TEFC 10.6.2. TENV 10.6.3. TEXP 10.6.4. ODP 10.6.5. Others 10.7. Europe Low Voltage Motor Market size ($MILLION), Sales Volume, and Forecasts (2024 – 2032), By Category 10.7.1. Fractional motors 10.7.1.1. Single-Phase Fractional TEFC Motor 10.7.1.2. Three-Phase Fractional Motor 10.7.1.3. Integral horsepower 10.8. Europe Low Voltage Motor Market size ($MILLION), Sales Volume, and Forecasts (2024 – 2032), By Application 10.8.1. Low Voltage Compressors 10.8.2. Low Voltage Pumps and Fans 10.8.3. Low Voltage Conveyors 10.8.4. Low Voltage Crushers 10.8.5. Low Voltage Extruders 10.9. Europe Low Voltage Motor Market size ($MILLION), Sales Volume, and Forecasts (2024 – 2032), By End-Users 10.9.1. Commercial HVAC 10.9.2. Food & Beverages 10.9.3. Mining 10.9.4. Utilities 10.9.5. Automotive 10.9.6. Electronics 10.9.7. Farm and Agriculture 10.9.8. Marine 10.9.9. Others 10.10. Europe Low Voltage Motor Market size ($MILLION), Sales Volume, and Forecasts (2024 – 2032), By Countries 10.10.1. Germany 10.10.2. France 10.10.3. UK 10.10.4. Italy 10.10.5. Switzerland 10.10.6. Netherlands 10.10.7. Belgium 10.10.8. Spain 10.10.9. Portugal 10.10.10. Sweden 10.10.11. Rest of the Europe 11. ASIA PACIFIC LOW VOLTAGE MOTOR MARKET ANALYSIS 11.1. Overview 11.2. Asia Pacific Low Voltage Motor Historical Market size ($MILLION), Sales Volume, (2017 – 2023) 11.3. Asia Pacific Low Voltage Motor Market size ($MILLION), Sales Volume, and Forecasts (2024 – 2032) 11.4. Asia Pacific Low Voltage Motor Market size ($MILLION), Sales Volume, and Forecasts (2024 – 2032), By Efficiency Class 11.4.1. IE1 11.4.2. IE2 11.4.3. IE3 11.4.4. IE4 11.5. Asia Pacific Low Voltage Motor Market size ($MILLION), Sales Volume, and Forecasts (2024 – 2032), By Type 11.5.1. DC Motors 11.5.1.1. Permanent Magnet TEFC Motor 11.5.1.2. Permanent Magnet TENV Motor 11.5.1.3. Others 11.5.2. Induction Motors 11.5.3. Synchronous Motors 11.5.4. Others 11.6. Asia Pacific Low Voltage Motor Market size ($MILLION), Sales Volume, and Forecasts (2024 – 2032), By Enclosure Type 11.6.1. TEFC 11.6.2. TENV 11.6.3. TEXP 11.6.4. ODP 11.6.5. Others 11.7. Asia Pacific Low Voltage Motor Market size ($MILLION), Sales Volume, and Forecasts (2024 – 2032), By Category 11.7.1. Fractional motors 11.7.1.1. Single-Phase Fractional TEFC Motor 11.7.1.2. Three-Phase Fractional Motor 11.7.2. Integral horsepower 11.8. Asia Pacific Low Voltage Motor Market size ($MILLION), Sales Volume, and Forecasts (2024 – 2032), By Application 11.8.1. Low Voltage Compressors 11.8.2. Low Voltage Pumps and Fans 11.8.3. Low Voltage Conveyors 11.8.4. Low Voltage Crushers 11.8.5. Low Voltage Extruders 11.9. Asia Pacific Low Voltage Motor Market size ($MILLION), Sales Volume, and Forecasts (2024 – 2032), By End-Users 11.9.1. Commercial HVAC 11.9.2. Food & Beverages 11.9.3. Mining 11.9.4. Utilities 11.9.5. Automotive 11.9.6. Electronics 11.9.7. Farm and Agriculture 11.9.8. Marine 11.9.9. Others 11.10. Asia Pacific Low Voltage Motor Market size ($MILLION), Sales Volume, and Forecasts (2024 – 2032), By Countries 11.10.1. China 11.10.2. Japan 11.10.3. South Korea 11.10.4. India 11.10.5. Indonesia 11.10.6. Malaysia 11.10.7. Taiwan 11.10.8. Australia 11.10.9. Rest of the Asia Pacific 12. MIDDLE EAST & AFRICA LOW VOLTAGE MOTOR MARKET ANALYSIS 12.1. Overview 12.2. Middle East and Africa Low Voltage Motor Historical Market size ($MILLION), Sales Volume, (2017 – 2023) 12.3. Middle East and Africa Low Voltage Motor Market size ($MILLION), Sales Volume, and Forecasts (2024 – 2032) 12.4. Middle East and Africa Low Voltage Motor Market size ($MILLION), Sales Volume, and Forecasts (2024 – 2032), By Efficiency Class 12.4.1. IE1 12.4.2. IE2 12.4.3. IE3 12.4.4. IE4 12.5. Middle East & Africa Low Voltage Motor Market size ($MILLION), Sales Volume, and Forecasts (2024 – 2032), By Type 12.5.1. DC Motors 12.5.1.1. Permanent Magnet TEFC Motor 12.5.1.2. Permanent Magnet TENV Motor 12.5.1.3. Others 12.5.2. Induction Motors 12.5.3. Synchronous Motors 12.5.4. Others 12.6. Middle East & Africa Low Voltage Motor Market size ($MILLION), Sales Volume, and Forecasts (2024 – 2032), By Enclosure Type 12.6.1. TEFC 12.6.2. TENV 12.6.3. TEXP 12.6.4. ODP 12.6.5. Others 12.7. Middle East & Africa Low Voltage Motor Market size ($MILLION), Sales Volume, and Forecasts (2024 – 2032), By Category 12.7.1. Fractional motors 12.7.1.1. Single-Phase Fractional TEFC Motor 12.7.1.2. Three-Phase Fractional Motor 12.7.2. Integral horsepower 12.8. Middle East and Africa Low Voltage Motor Market size ($MILLION), Sales Volume, and Forecasts (2024 – 2032), By Application 12.8.1. Low Voltage Compressors 12.8.2. Low Voltage Pumps and Fans 12.8.3. Low Voltage Conveyors 12.8.4. Low Voltage Crushers 12.8.5. Low Voltage Extruders 12.9. Middle East and Africa Low Voltage Motor Market size ($MILLION), Sales Volume, and Forecasts (2024 – 2032), By End-Users 12.9.1. Commercial HVAC 12.9.2. Food & Beverages 12.9.3. Mining 12.9.4. Utilities 12.9.5. Automotive 12.9.6. Electronics 12.9.7. Farm and Agriculture 12.9.8. Marine 12.9.9. Others 12.10. Middle East and Africa Low Voltage Motor Market size ($MILLION), Sales Volume, and Forecasts (2024 – 2032), By Countries 12.10.1. Saudi Arabia 12.10.2. UAE 12.10.3. South Africa 12.10.4. Nigeria 12.10.5. Rest of the Middle East and Africa 13. SOUTH AMERICA LOW VOLTAGE MOTOR MARKET ANALYSIS 13.1. Overview 13.2. South America Low Voltage Motor Historical Market size ($MILLION), Sales Volume, (2017 – 2023) 13.3. South America Low Voltage Motor Market size ($MILLION), Sales Volume, and Forecasts (2024 – 2032) 13.4. South America Low Voltage Motor Market size ($MILLION), Sales Volume, and Forecasts (2024 – 2032), By Efficiency Class 13.4.1. IE1 13.4.2. IE2 13.4.3. IE3 13.4.4. IE4 13.5. South America Low Voltage Motor Market size ($MILLION), Sales Volume, and Forecasts (2024 – 2032), By Type 13.5.1. DC Motors 13.5.1.1. Permanent Magnet TEFC Motor 13.5.1.2. Permanent Magnet TENV Motor 13.5.1.3. Others 13.5.2. Induction Motors 13.5.3. Synchronous Motors 13.5.4. Others 13.6. South America Low Voltage Motor Market size ($MILLION), Sales Volume, and Forecasts (2024 – 2032), By Enclosure Type 13.6.1. TEFC 13.6.2. TENV 13.6.3. TEXP 13.6.4. ODP 13.6.5. Others 13.7. South America Low Voltage Motor Market size ($MILLION), Sales Volume, and Forecasts (2024 – 2032), By Category 13.7.1. Fractional motors 13.7.1.1. Single-Phase Fractional TEFC Motor 13.7.1.2. Three-Phase Fractional Motor 13.7.2. Integral horsepower 13.8. South America Low Voltage Motor Market size ($MILLION), Sales Volume, and Forecasts (2024 – 2032), By Application 13.8.1. Low Voltage Compressors 13.8.2. Low Voltage Pumps and Fans 13.8.3. Low Voltage Conveyors 13.8.4. Low Voltage Crushers 13.8.5. Low Voltage Extruders 13.9. South America Low Voltage Motor Market size ($MILLION), Sales Volume, and Forecasts (2024 – 2032), By End-Users 13.9.1. Commercial HVAC 13.9.2. Food & Beverages 13.9.3. Mining 13.9.4. Utilities 13.9.5. Automotive 13.9.6. Electronics 13.9.7. Farm and Agriculture 13.9.8. Marine 13.9.9. Others 13.10. South America Low Voltage Motor Market size ($MILLION), Sales Volume, and Forecasts (2024 – 2032), By Country 13.10.1. Brazil 13.10.2. Argentina 13.10.3. Chile 13.10.4. Peru 13.10.5. Columbia 13.10.6. Rest of the South America 14. REST OF THE WORLD LOW VOLTAGE MOTOR MARKET ANALYSIS 14.1. Overview 14.2. Rest of the World Low Voltage Motor Market Historical Market size ($MILLION), Sales Volume, (2017 – 2023) 14.3. Rest of the World Low Voltage Motor Market size ($MILLION), Sales Volume, and Forecasts (2024 – 2032) 14.4. Rest of the World Low Voltage Motor Market size ($MILLION), Sales Volume, and Forecasts (2024 – 2032), By Efficiency Class 14.4.1. IE1 14.4.2. IE2 14.4.3. IE3 14.4.4. IE4 14.5. Rest of the World Low Voltage Motor Market size ($MILLION), Sales Volume, and Forecasts (2024 – 2032), By Type 14.5.1. DC Motors 14.5.1.1. Permanent Magnet TEFC Motor 14.5.1.2. Permanent Magnet TENV Motor 14.5.1.3. Others 14.5.2. Induction Motors 14.5.3. Synchronous Motors 14.5.4. Others 14.6. Rest of the World Low Voltage Motor Market size ($MILLION), Sales Volume, and Forecasts (2024 – 2032), By Enclosure Type 14.6.1. TEFC 14.6.2. TENV 14.6.3. TEXP 14.6.4. ODP 14.6.5. Others 14.7. Rest of the World Low Voltage Motor Market size ($MILLION), Sales Volume, and Forecasts (2024 – 2032), By Category 14.7.1. Fractional motors 14.7.1.1. Single-Phase Fractional TEFC Motor 14.7.1.2. Three-Phase Fractional Motor 14.7.2. Integral horsepower 14.8. Rest of the World Low Voltage Motor Market size ($MILLION), Sales Volume, and Forecasts (2024 – 2032), By Application 14.8.1. Low Voltage Compressors 14.8.2. Low Voltage Pumps and Fans 14.8.3. Low Voltage Conveyors 14.8.4. Low Voltage Crushers 14.8.5. Low Voltage Extruders 14.9. Rest of the World Low Voltage Motor Market size ($MILLION), Sales Volume, and Forecasts (2024 – 2032), By End-Users 14.9.1. Commercial HVAC 14.9.2. Food & Beverages 14.9.3. Mining 14.9.4. Utilities 14.9.5. Automotive 14.9.6. Electronics 14.9.7. Farm and Agriculture 14.9.8. Marine 14.9.9. Others 15. COMPANY PROFILES 15.1. ABB GROUP 15.1.1. Company Overview 15.1.2. Company Snapshot 15.1.3. Operating business segments 15.1.4. Product offered and Revenue from Low Voltage Motor Business 15.1.5. Key business performances, strategies and developments 15.2. TECO-Westinghouse Motor Company 15.2.1. Company Overview 15.2.2. Company Snapshot 15.2.3. Operating business segments 15.2.4. Product offered and Revenue from Low Voltage Motor Business 15.2.5. Key business performances, strategies and developments 15.3. Siemens 15.3.1. Company Overview 15.3.2. Company Snapshot 15.3.3. Operating business segments 15.3.4. Product offered and Revenue from Low Voltage Motor Business 15.3.5. Key business performances, strategies and developments 15.4. Hyosung Power and Industrial Types Performance Group 15.4.1. Company Overview 15.4.2. Company Snapshot 15.4.3. Operating business segments 15.4.4. Product offered and Revenue from Low Voltage Motor Business 15.4.5. Key business performances, strategies and developments 15.5. Anhui Wannan Electric Machine 15.5.1. Company Overview 15.5.2. Company Snapshot 15.5.3. Operating business segments 15.5.4. Product offered and Revenue from Low Voltage Motor Business 15.5.5. Key business performances, strategies and developments 15.6. ATB Group 15.6.1. Company Overview 15.6.2. Company Snapshot 15.6.3. Operating business segments 15.6.4. Product offered and Revenue from Low Voltage Motor Business 15.6.5. Key business performances, strategies and developments 15.7. Leroy Somer 15.7.1. Company Overview 15.7.2. Company Snapshot 15.7.3. Operating business segments 15.7.4. Product offered and Revenue from Low Voltage Motor Business 15.7.5. Key business performances, strategies and developments 15.8. LEZ Ruselprom 15.8.1. Company Overview 15.8.2. Company Snapshot 15.8.3. Operating business segments 15.8.4. Product offered and Revenue from Low Voltage Motor Business 15.8.5. Key business performances, strategies and developments 15.9. Luan JiangHuai 15.9.1. Company Overview 15.9.2. Company Snapshot 15.9.3. Operating business segments 15.9.4. Product offered and Revenue from Low Voltage Motor Business 15.9.5. Key business performances, strategies and developments 15.10. NIDEC 15.10.1. Company Overview 15.10.2. Company Snapshot 15.10.3. Operating business segments 15.10.4. Product offered and Revenue from Low Voltage Motor Business 15.10.5. Key business performances, strategies and developments 15.11. Regal Beloit 15.11.1. Company Overview 15.11.2. Company Snapshot 15.11.3. Operating business segments 15.11.4. Product offered and Revenue from Low Voltage Motor Business 15.11.5. Key business performances, strategies and developments 15.12. Shandong Huali Electric Motor Group 15.12.1. Company Overview 15.12.2. Company Snapshot 15.12.3. Operating business segments 15.12.4. Product offered and Revenue from Low Voltage Motor Business 15.12.5. Key business performances, strategies and developments 15.13. GE Industrial 15.13.1. Company Overview 15.13.2. Company Snapshot 15.13.3. Operating business segments 15.13.4. Product offered and Revenue from Low Voltage Motor Business 15.13.5. Key business performances, strategies and developments 15.14. Toshiba International 15.14.1. Company Overview 15.14.2. Company Snapshot 15.14.3. Operating business segments 15.14.4. Product offered and Revenue from Low Voltage Motor Business 15.14.5. Key business performances, strategies and developments 15.15. WEG 15.15.1. Company Overview 15.15.2. Company Snapshot 15.15.3. Operating business segments 15.15.4. Product offered and Revenue from Low Voltage Motor Business 15.15.5. Key business performances, strategies and developments 15.16. VEM Group 15.16.1. Company Overview 15.16.2. Company Snapshot 15.16.3. Operating business segments 15.16.4. Product offered and Revenue from Low Voltage Motor Business 15.16.5. Key business performances, strategies and developments 15.17. Hyundai Heavy Industries 15.17.1. Company Overview 15.17.2. Company Snapshot 15.17.3. Operating business segments 15.17.4. Product offered and Revenue from Low Voltage Motor Business 15.17.5. Key business performances, strategies and developments 15.18. OTHER MARKET PLAYERS LIST OF TABLES 1. TABLE: MARKET, BY EFFICIENCY CLASS , 2024-2032 (USD MILLION) 2. TABLE: MARKET, BY TYPE, 2024-2032 (USD MILLION) 3. TABLE: MARKET, BY ENCLOSURE TYPE, 2024-2032 (USD MILLION) 4. TABLE: MARKET, BY CATEGORY, 2024-2032 (USD MILLION) 5. TABLE: MARKET, BY APPLICATION, 2024-2032 (USD MILLION) 6. TABLE: MARKET, BY END- USER , 2024-2032 (USD MILLION) 7. TABLE: MARKET FOR LOW VOLTAGE COMPRESSORS, BY REGION, 2024-2032 (USD MILLION) 8. TABLE: MARKET FOR LOW VOLTAGE PUMPS AND FANS, BY REGION, 2024-2032 (USD MILLION) 9. TABLE: MARKET FOR LOW VOLTAGE CONVEYORS, BY REGION, 2024-2032 (USD MILLION) 10. TABLE: MARKET FOR LOW VOLTAGE CRUSHERS, BY REGION, 2024-2032 (USD MILLION) 11. TABLE: MARKET FOR LOW VOLTAGE EXTRUDERS, BY REGION, 2024-2032 (USD MILLION) 12. TABLE: MARKET FOR LOW VOLTAGE COMPRESSORS, BY REGION, 2024-2032 (USD MILLION) 13. TABLE: MARKET FOR COMMERCIAL HVCA, BY REGION, 2024-2032 (USD MILLION) 14. TABLE: MARKET FOR FOOD & BEVERAGES, BY REGION, 2024-2032 (USD MILLION) 15. TABLE: MARKET FOR MINING, BY REGION, 2024-2032 (USD MILLION) 16. TABLE: MARKET FOR UTILITIES, BY REGION, 2024-2032 (USD MILLION) 17. TABLE: MARKET FOR AUTOMOTIVE, BY REGION, 2024-2032 (USD MILLION) 18. TABLE: MARKET FOR ELECTRONICS, BY REGION, 2024-2032 (USD MILLION) 19. TABLE: MARKET, BY REGION, 2024-2032 (USD MILLION) 20. TABLE: NORTH AMERICA MARKET, BY COUNTRY, 2024-2032 (USD MILLION) 21. TABLE: NORTH AMERICA MARKET, BY EFFICIENCY CLASS, 2024-2032 (USD MILLION) 22. TABLE: NORTH AMERICA MARKET, BY TYPE, 2024-2032 (USD MILLION) 23. TABLE: NORTH AMERICA MARKET, BY APPLICATION, 2024-2032 (USD MILLION) 24. TABLE: NORTH AMERICA MARKET, BY END-USER, 2024-2032 (USD MILLION) 25. TABLE: USA MARKET, BY EFFICIENCY CLASS, 2024-2032 (USD MILLION) 26. TABLE: USA MARKET, BY TYPE, 2024-2032 (USD MILLION) 27. TABLE: USA MARKET, BY APPLICATION, 2024-2032 (USD MILLION) 28. TABLE: USA MARKET, BY END-USER, 2024-2032 (USD MILLION) 29. TABLE: CALIFORNIA MARKET, BY EFFICIENCY CLASS, 2024-2032 (USD MILLION) 30. TABLE: CALIFORNIA MARKET, BY TYPE, 2024-2032 (USD MILLION) 31. TABLE: CALIFORNIA MARKET, BY APPLICATION, 2024-2032 (USD MILLION) 32. TABLE: CALIFORNIA MARKET, BY END-USER, 2024-2032 (USD MILLION) 33. TABLE: TEXAS MARKET, BY EFFICIENCY CLASS, 2024-2032 (USD MILLION) 34. TABLE: TEXAS MARKET, BY TYPE, 2024-2032 (USD MILLION) 35. TABLE: TEXAS MARKET, BY APPLICATION, 2024-2032 (USD MILLION) 36. TABLE: TEXAS MARKET, BY END-USER, 2024-2032 (USD MILLION) 37. TABLE: FLORIDA MARKET, BY EFFICIENCY CLASS, 2024-2032 (USD MILLION) 38. TABLE: FLORIDA MARKET, BY TYPE, 2024-2032 (USD MILLION) 39. TABLE: FLORIDA MARKET, BY APPLICATION, 2024-2032 (USD MILLION) 40. TABLE: FLORIDA MARKET, BY END-USER, 2024-2032 (USD MILLION) 41. TABLE: CANADA MARKET, BY EFFICIENCY CLASS, 2024-2032 (USD MILLION) 42. TABLE: CANADA MARKET, BY TYPE, 2024-2032 (USD MILLION) 43. TABLE: CANADA MARKET, BY APPLICATION, 2024-2032 (USD MILLION) 44. TABLE: CANADA MARKET, BY END-USER, 2024-2032 (USD MILLION) 45. TABLE: MEXICO MARKET, BY EFFICIENCY CLASS, 2024-2032 (USD MILLION) 46. TABLE: MEXICO MARKET, BY TYPE, 2024-2032 (USD MILLION) 47. TABLE: MEXICO MARKET, BY APPLICATION, 2024-2032 (USD MILLION) 48. TABLE: MEXICO MARKET, BY END-USER, 2024-2032 (USD MILLION) 49. TABLE: REST OF NORTH AMERICA MARKET, BY EFFICIENCY CLASS, 2024-2032 (USD MILLION) 50. TABLE: REST OF NORTH AMERICA MARKET, BY TYPE, 2024-2032 (USD MILLION) 51. TABLE: REST OF NORTH AMERICA MARKET, BY APPLICATION, 2024-2032 (USD MILLION) 52. TABLE: REST OF NORTH AMERICA MARKET, BY END-USER, 2024-2032 (USD MILLION) 53. TABLE: EUROPE MARKET, BY COUNTRY, 2024-2032 (USD MILLION) 54. TABLE: EUROPE MARKET, BY EFFICIENCY CLASS, 2024-2032 (USD MILLION) 55. TABLE: EUROPE MARKET, BY TYPE, 2024-2032 (USD MILLION) 56. TABLE: EUROPE MARKET, BY APPLICATION, 2024-2032 (USD MILLION) 57. TABLE: EUROPE MARKET, BY END-USER, 2024-2032 (USD MILLION) 58. TABLE: GERMANY MARKET, BY EFFICIENCY CLASS, 2024-2032 (USD MILLION) 59. TABLE: GERMANY MARKET, BY TYPE, 2024-2032 (USD MILLION) 60. TABLE: GERMANY MARKET, BY APPLICATION, 2024-2032 (USD MILLION) 61. TABLE: GERMANY MARKET, BY END-USER, 2024-2032 (USD MILLION) 62. TABLE: FRANCE MARKET, BY EFFICIENCY CLASS, 2024-2032 (USD MILLION) 63. TABLE: FRANCE MARKET, BY TYPE, 2024-2032 (USD MILLION) 64. TABLE: FRANCE MARKET, BY APPLICATION, 2024-2032 (USD MILLION) 65. TABLE: FRANCE MARKET, BY END-USER, 2024-2032 (USD MILLION) 66. TABLE: UK MARKET, BY EFFICIENCY CLASS, 2024-2032 (USD MILLION) 67. TABLE: UK MARKET, BY TYPE, 2024-2032 (USD MILLION) 68. TABLE: UK MARKET, BY APPLICATION, 2024-2032 (USD MILLION) 69. TABLE: UK MARKET, BY END-USER, 2024-2032 (USD MILLION) 70. TABLE: ITALY MARKET, BY EFFICIENCY CLASS, 2024-2032 (USD MILLION) 71. TABLE: ITALY MARKET, BY TYPE, 2024-2032 (USD MILLION) 72. TABLE: ITALY MARKET, BY APPLICATION, 2024-2032 (USD MILLION) 73. TABLE: ITALY MARKET, BY END-USER, 2024-2032 (USD MILLION) 74. TABLE: SPAIN MARKET, BY EFFICIENCY CLASS, 2024-2032 (USD MILLION) 75. TABLE: SPAIN MARKET, BY TYPE, 2024-2032 (USD MILLION) 76. TABLE: SPAIN MARKET, BY APPLICATION, 2024-2032 (USD MILLION) 77. TABLE: SPAIN MARKET, BY END-USER, 2024-2032 (USD MILLION) 78. TABLE: REST OF EUROPE MARKET, BY EFFICIENCY CLASS, 2024-2032 (USD MILLION) 79. TABLE: REST OF EUROPE MARKET, BY TYPE, 2024-2032 (USD MILLION) 80. TABLE: REST OF EUROPE MARKET, BY APPLICATION, 2024-2032 (USD MILLION) 81. TABLE: REST OF EUROPE MARKET, BY END-USER, 2024-2032 (USD MILLION) 82. TABLE: ASIA PACIFIC MARKET, BY COUNTRY, 2024-2032 (USD MILLION) 83. TABLE: ASIA PACIFIC MARKET, BY EFFICIENCY CLASS, 2024-2032 (USD MILLION) 84. TABLE: ASIA PACIFIC MARKET, BY TYPE, 2024-2032 (USD MILLION) 85. TABLE: ASIA PACIFIC MARKET, BY APPLICATION, 2024-2032 (USD MILLION) 86. TABLE: ASIA PACIFIC MARKET, BY END-USER, 2024-2032 (USD MILLION) 87. TABLE: CHINA MARKET, BY EFFICIENCY CLASS, 2024-2032 (USD MILLION) 88. TABLE: CHINA MARKET, BY TYPE, 2024-2032 (USD MILLION) 89. TABLE: CHINA MARKET, BY APPLICATION, 2024-2032 (USD MILLION) 90. TABLE: CHINA MARKET, BY END-USER, 2024-2032 (USD MILLION) 91. TABLE: INDIA MARKET, BY EFFICIENCY CLASS, 2024-2032 (USD MILLION) 92. TABLE: INDIA MARKET, BY TYPE, 2024-2032 (USD MILLION) 93. TABLE: INDIA MARKET, BY APPLICATION, 2024-2032 (USD MILLION) 94. TABLE: INDIA MARKET, BY END-USER, 2024-2032 (USD MILLION) 95. TABLE: JAPAN MARKET, BY EFFICIENCY CLASS, 2024-2032 (USD MILLION) 96. TABLE: JAPAN MARKET, BY TYPE, 2024-2032 (USD MILLION) 97. TABLE: JAPAN MARKET, BY APPLICATION, 2024-2032 (USD MILLION) 98. TABLE: JAPAN MARKET, BY END-USER, 2024-2032 (USD MILLION) 99. TABLE: SOUTH KOREA MARKET, BY EFFICIENCY CLASS, 2024-2032 (USD MILLION) 100. TABLE: SOUTH KOREA MARKET, BY TYPE, 2024-2032 (USD MILLION) 101. TABLE: SOUTH KOREA MARKET, BY APPLICATION, 2024-2032 (USD MILLION) 102. TABLE: SOUTH KOREA MARKET, BY END-USER, 2024-2032 (USD MILLION) 103. TABLE: AUSTRALIA MARKET, BY EFFICIENCY CLASS, 2024-2032 (USD MILLION) 104. TABLE: AUSTRALIA MARKET, BY TYPE, 2024-2032 (USD MILLION) 105. TABLE: AUSTRALIA MARKET, BY APPLICATION, 2024-2032 (USD MILLION) 106. TABLE: AUSTRALIA MARKET, BY END-USER, 2024-2032 (USD MILLION) 107. TABLE: REST OF ASIA PACIFIC MARKET, BY EFFICIENCY CLASS, 2024-2032 (USD MILLION) 108. TABLE: REST OF ASIA MARKET, BY TYPE, 2024-2032 (USD MILLION) 109. TABLE: REST OF ASIA MARKET, BY APPLICATION, 2024-2032 (USD MILLION) 110. TABLE: REST OF ASIA MARKET, BY END-USER, 2024-2032 (USD MILLION) 111. TABLE: MIDDLE EAST AND AFRICA PACIFIC MARKET, BY COUNTRY, 2024-2032 (USD MILLION) 112. TABLE: MIDDLE EAST AND AFRICA MARKET, BY EFFICIENCY CLASS, 2024-2032 (USD MILLION) 113. TABLE: MIDDLE EAST AND AFRICA MARKET, BY TYPE, 2024-2032 (USD MILLION) 114. TABLE: MIDDLE EAST AND AFRICA MARKET, BY APPLICATION, 2024-2032 (USD MILLION) 115. TABLE: MIDDLE EAST AND AFRICA MARKET, BY END-USER, 2024-2032 (USD MILLION) 116. TABLE: SAUDI ARABIA MARKET, BY EFFICIENCY CLASS, 2024-2032 (USD MILLION) 117. TABLE: SAUDI ARABIA MARKET, BY TYPE, 2024-2032 (USD MILLION) 118. TABLE: SAUDI ARABIA MARKET, BY APPLICATION, 2024-2032 (USD MILLION) 119. TABLE: SAUDI ARABIA MARKET, BY END-USER, 2024-2032 (USD MILLION) 120. TABLE: UAE MARKET, BY EFFICIENCY CLASS, 2024-2032 (USD MILLION) 121. TABLE: UAE MARKET, BY TYPE, 2024-2032 (USD MILLION) 122. TABLE: UAE MARKET, BY APPLICATION, 2024-2032 (USD MILLION) 123. TABLE: UAE MARKET, BY END-USER, 2024-2032 (USD MILLION) 124. TABLE: SOUTH AFRICA MARKET, BY EFFICIENCY CLASS, 2024-2032 (USD MILLION) 125. TABLE: SOUTH AFRICA MARKET, BY TYPE, 2024-2032 (USD MILLION) 126. TABLE: SOUTH AFRICA MARKET, BY APPLICATION, 2024-2032 (USD MILLION) 127. TABLE: SOUTH AFRICA MARKET, BY END-USER, 2024-2032 (USD MILLION) 128. TABLE: NIGERIA MARKET, BY EFFICIENCY CLASS, 2024-2032 (USD MILLION) 129. TABLE: NIGERIA MARKET, BY TYPE, 2024-2032 (USD MILLION) 130. TABLE: NIGERIA MARKET, BY APPLICATION, 2024-2032 (USD MILLION) 131. TABLE: NIGERIA MARKET, BY END-USER, 2024-2032 (USD MILLION) 132. TABLE: REST OF MIDDLE EAST AND AFRICA MARKET, BY EFFICIENCY CLASS, 20242032 (USD MILLION) 133. TABLE: REST OF MIDDLE EAST AND AFRICA MARKET, BY TYPE, 2024-2032 (USD MILLION) 134. TABLE: REST OF MIDDLE EAST AND AFRICA MARKET, BY APPLICATION, 2024-2032 (USD MILLION) 135. TABLE: REST OF MIDDLE EAST AND AFRICA MARKET, BY END-USER, 2024-2032 (USD MILLION) 136. TABLE: SOUTH AMERICA MARKET, BY COUNTRY, 2024-2032 (USD MILLION) 137. TABLE: NORTH AMERICA MARKET, BY EFFICIENCY CLASS, 2024-2032 (USD MILLION) 138. TABLE: SOUTH AMERICA MARKET, BY TYPE, 2024-2032 (USD MILLION) 139. TABLE: SOUTH AMERICA MARKET, BY APPLICATION, 2024-2032 (USD MILLION) 140. TABLE: SOUTH AMERICA MARKET, BY END-USER, 2024-2032 (USD MILLION) 141. TABLE: BRAZIL MARKET, BY EFFICIENCY CLASS, 2024-2032 (USD MILLION) 142. TABLE: BRAZIL MARKET, BY TYPE, 2024-2032 (USD MILLION) 143. TABLE: BRAZIL MARKET, BY APPLICATION, 2024-2032 (USD MILLION) 144. TABLE: BRAZIL MARKET, BY END-USER, 2024-2032 (USD MILLION) 145. TABLE: ARGENTINA MARKET, BY EFFICIENCY CLASS, 2024-2032 (USD MILLION) 146. TABLE: ARGENTINA MARKET, BY TYPE, 2024-2032 (USD MILLION) 147. TABLE: ARGENTINA MARKET, BY APPLICATION, 2024-2032 (USD MILLION) 148. TABLE: ARGENTINA MARKET, BY END-USER, 2024-2032 (USD MILLION) 149. TABLE: CHILE MARKET, BY EFFICIENCY CLASS, 2024-2032 (USD MILLION) 150. TABLE: CHILE MARKET, BY TYPE, 2024-2032 (USD MILLION) 151. TABLE: CHILE MARKET, BY APPLICATION, 2024-2032 (USD MILLION) 152. TABLE: CHILE MARKET, BY END-USER, 2024-2032 (USD MILLION) 153. TABLE: PERU MARKET, BY EFFICIENCY CLASS, 2024-2032 (USD MILLION) 154. TABLE: PERU MARKET, BY TYPE, 2024-2032 (USD MILLION) 155. TABLE: PERU MARKET, BY APPLICATION, 2024-2032 (USD MILLION) 156. TABLE: PERU MARKET, BY END-USER, 2024-2032 (USD MILLION) 157. TABLE: COLUMBIA MARKET, BY EFFICIENCY CLASS, 2024-2032 (USD MILLION) 158. TABLE: COLUMBIA MARKET, BY TYPE, 2024-2032 (USD MILLION) 159. TABLE: COLUMBIA MARKET, BY APPLICATION, 2024-2032 (USD MILLION) 160. TABLE: COLUMBIA MARKET, BY END-USER, 2024-2032 (USD MILLION) 161. TABLE: REST OF SOUTH AMERICA MARKET, BY EFFICIENCY CLASS, 2024-2032 (USD MILLION) 162. TABLE: REST OF SOUTH AMERICA MARKET, BY TYPE, 2024-2032 (USD MILLION) 163. TABLE: REST OF SOUTH AMERICA MARKET, BY APPLICATION, 2024-2032 (USD MILLION) 164. TABLE: REST OF SOUTH AMERICA MARKET, BY END-USER, 2024-2032 (USD MILLION) 165. TABLE: REST OF WORLD MARKET, BY COUNTRY, 2024-2032 (USD MILLION) 166. TABLE: REST OF WORLD MARKET, BY EFFICIENCY CLASS, 2024-2032 (USD MILLION) 167. TABLE: REST OF WORMARKET, BY TYPE, 2024-2032 (USD MILLION) 168. TABLE: REST OF WORMARKET, BY APPLICATION, 2024-2032 (USD MILLION) 169. TABLE: REST OF WORMARKET, BY END-USER, 2024-2032 (USD MILLION) 170. TABLE: ABB GROUP: COMPANY SNAPSHOT 171. TABLE: ABB GROUP: OPERATING SEGMENTS 172. TABLE: TECO-WESTINGHOUSE MOTOR COMPANY: COMPANY SNAPSHOT 173. TABLE: TECO-WESTINGHOUSE MOTOR COMPANY: OPERATING SEGMENTS 174. TABLE: SIEMENS: COMPANY SNAPSHOT 175. TABLE: SIEMENS: OPERATING SEGMENTS 176. TABLE: HYOSUNG POWER AND INDUSTRIAL TYPES PERFORMANCE GROUP: COMPANY SNAPSHOT 177. TABLE: HYOSUNG POWER AND INDUSTRIAL TYPES PERFORMANCE GROUP: OPERATING SEGMENTS 178. TABLE: ANHUI WANNAN ELECTRIC MACHINE: COMPANY SNAPSHOT 179. TABLE: ANHUI WANNAN ELECTRIC MACHINE: OPERATING SEGMENTS 180. TABLE: ATB GROUP: COMPANY SNAPSHOT 181. TABLE: ATB GROUP: OPERATING SEGMENTS 182. TABLE: LEROY SOMER: COMPANY SNAPSHOT 183. TABLE: LEROY SOMER: OPERATING SEGMENTS 184. TABLE: LEZ RUSELPROM: COMPANY SNAPSHOT 185. TABLE: LEZ RUSELPROM: OPERATING SEGMENTS 186. TABLE: LUAN JIANGHUAI: COMPANY SNAPSHOT 187. TABLE: LUAN JIANGHUAI: OPERATING SEGMENTS 188. TABLE: NIDEC: COMPANY SNAPSHOT 189. TABLE: NIDEC: OPERATING SEGMENTS 190. TABLE: REGAL BELOIT: COMPANY SNAPSHOT 191. TABLE: REGAL BELOIT: OPERATING SEGMENTS 192. TABLE: SHANDONG HUALO ELECTRIC MOTOR GROUP: COMPANY SNAPSHOT 193. TABLE: SHANDONG HUALO ELECTRIC MOTOR GROUP: OPERATING SEGMENTS 194. TABLE: GE INDUSTRIAL: COMPANY SNAPSHOT 195. TABLE: GE INDUSTRIAL: OPERATING SEGMENTS 196. TABLE: TOSHIBA INTERNATIONAL: COMPANY SNAPSHOT 197. TABLE: TOSHIBA INTERNATIONAL: OPERATING SEGMENTS 198. TABLE: WEG: COMPANY SNAPSHOT 199. TABLE: WEG: OPERATING SEGMENTS 200. TABLE: VEM GROUP: COMPANY SNAPSHOT 201. TABLE: VEM GROUP: OPERATING SEGMENTS 202. TABLE: HYUNDAI HEAVY INDUSTRIES: COMPANY SNAPSHOT 203. TABLE: HYUNDAI HEAVY INDUSTRIES: OPERATING SEGMENTS LIST OF FIGURES 1. Figure: Market: Research Methodology Steps 2. Figure: Research Design 3. Figure: Breakdown of Primaries: Market 4. Figure: Research Methodology: Hypothesis Building 5. Figure: Market: Product and Service-Based Estimation 6. Figure: Growth Strategies Adopted By the Key Players 7. Figure: Growth Strategies Adopted By the Key Players 8. Figure: No. of Patents Granted Per Year, 2024–2032 9. Figure: Data Triangulation Methodology 10. Figure: Dominating Market Share, By Type, 2024 vs. 2032 (USD MILLION) 11. Figure: Dominating Market Share, By Enclosure Type, 2024 vs. 2032 (USD MILLION) 12. Figure: Dominating Market Share, By Category, 2024 vs. 2032 (USD MILLION) 13. Figure: Dominating Market Share, By Efficiency Class, 2024 vs. 2032 (USD MILLION) 14. Figure: Dominating Market Share, By Application, 2024 vs. 2032 (USD MILLION) 15. Figure: Dominating Market Share, By End-User, 2024 vs. 2032 (USD MILLION) 16. Figure: Geographical Snapshot of the Market 17. Figure: Market: Drivers, Restraints, Opportunities, and Challenges 18. Figure: North America: Market Snapshot 19. Figure: Asia Pacific: Market Snapshot 20. Figure: Europe: Market Snapshot 21. Figure: Rest of the World: Market Snapshot 22. Figure: Vendor Dive: Evaluation Overview 23. Figure: Global Low Voltage Motor: Competitive Benchmarking 24. Figure: ABB Group: Financial Overview (2024-2032) 25. Figure: TECO-Westinghouse Motor Company: Financial Overview (2024-2032) 26. Figure: Siemens: Financial Overview (2024-2032) 27. Figure: Hyosung Power and Industrial Types Performance Group: Financial Overview (2024-2032) 28. Figure: Anhui Wannan Electric Machine: Financial Overview (2024-2032) 29. Figure: ATB Group: Financial Overview (2024-2032) 30. Figure: Leroy Somer: Financial Overview (2024-2032) 31. Figure: LEZ Ruselprom: Financial Overview (2024-2032) 32. Figure: Luan JiangHuai: Financial Overview (2024-2032) 33. Figure: NIDEC: Financial Overview (2024-2032) 34. Figure: Regal Beloit: Financial Overview (2024-2032) 35. Figure: Shandong Huali Electric Motor group: Financial Overview (2024-2032) 36. Figure: GE Industrial: Financial Overview (2024-2032) 37. Figure: Toshiba International: Financial Overview (2024-2032) 38. Figure: WEG: Financial Overview (2024-2032) 39. Figure: VEM Group: Financial Overview (2024-2032) 40. Figure: Hyundai Heavy Industries: Financial Overview (2024-2032)