openPR Logo
Press release

Low Voltage Motors Market: Premium IE4 Low Voltage Motors to Witness Robust Demand

03-18-2021 10:19 AM CET | Tourism, Cars, Traffic

Press release from: Fact.MR

According to recent report by Fact.MR, the global low voltage motors market was estimated to surpass a value of US$ 25 billion in 2018. Growth of the low voltage motors market can be primarily attributed to incessant rise in the need for cost efficient energy source in number of industries. To meet the escalating demand for consumer and capital goods, manufacturers across the globe are continuously focusing on adopting innovative technologies to improve their production. Emerging trends of incorporating intelligent technology and smart sensors in low voltage motors is likely to gain traction in the coming years.

This Press Release will help you to understand the market Statistics of European Region.

Click HERE To get SAMPLE PDF (Including Full TOC, Table & Figures) at @ https://www.factmr.com/connectus/sample?flag=S&rep_id=256

Low Voltage Motors Market Growth Underpinned by Rising Demand in Mining Industry and Wastewater Treatment

In order to enhance the performance and production rates, manufacturers of low voltage motors industry are incorporating sector specific features in their products. Low voltage motors with features such as flameproof, corrosion-resistant, and moisture-resistant are gaining traction in the mining industry, and significantly contributing to revenue maximization of low voltage motors market.

Increase in the demand for wastewater treatment on the account of rising industrial activities is foreseen to be highly impactful on the growth of low voltage motors market. With surging need to retrofit or replace equipment for wastewater treatment in various industries, the global low voltage motors market is likely to witness a significant growth in the foreseeable future. Moreover, several industries are increasingly adopting the low voltage motors for their ability to provide protection against thermal overload and counter variability issues in current loads.

To get exclusive insights on this market, request for methodology here@ https://www.factmr.com/connectus/sample?flag=RM&rep_id=256

APEJ Leads Gains in Low Voltage Motors Market

Asia Pacific Excluding Japan is anticipated to retain its leading position in the low voltage motors industry, on the back of rapid growth in industrialization including automotive and electronics sectors. In 2018, APEJ low voltage motors market exceeded an estimated value of US$ 9.5 billion, growing at 9.9% in 2019 through 2018. In addition, stringent government regulations regarding motor efficiency and retrofitting and replacing aging equipment are expected to reflect favorably on the growth of low voltage motors market in the region.

Premium IE4 Low Voltage Motors to Witness Robust Demand

Marketed as “Supreme Premium Efficiency” motors, demand for IE4 low voltage motors are expected to increase in the coming years, owing to their high efficiency and other advantages such as lower operating temperatures, higher energy savings, and longer service life.

However, sales of IE2 efficiency class motors will continue to surge in the global low voltage motors market, contributing a revenue of more than US$ 9 billion in 2018. Escalating demand for efficient energy source in number of industries such as utilities, mining, and food & beverage manufacturing has been largely influencing the growth of IE2 low voltage motors market.

For in-depth competitive analysis, buy now@ https://www.factmr.com/checkout/256/S

Pumps & Fans Remains Leading Application of Low Voltage Motors

The Fact.MR study finds that pumps & fans will continue to hold relatively high revenue share in the low voltage motors market. Attributes such as better insulation, long bearing life, and low heat output are expected to influence the adoption of low voltage motors for pumps & fans.

F&B manufacturing sector is estimated to emerge as fastest growing segment, registering the highest CAGR in low voltage motors market during 2017-2022 period. Further, commercial HVAC and other sectors will continue to complement the growth of low voltage motors market, with both representing a significantly high revenue share.
Competitive Landscape

The Fact.MR report highlights detailed profiles of the leading players in the low voltage motors market. Some of them include ABB, WEG, Siemens AG, TECO E&M, Shangdong Huali, Hyosung Corporation, GE, Regal Beloit, Hyundai Heavy Industries, TOSHIBA, Nidec Corporation, Leroy Somer, LEZ Ruselprom, and Fuji Electrics.

Contact:
US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583

Corporate Headquarter:
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates
E: sales@factmr.com
Website: https://www.factmr.com
Research Insight: https://www.factmr.com/report/256/low-voltage-motors-market
Content Source: https://www.factmr.com/media-release/950/global-low-voltage-motors-market

About Us:

Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we’ll be an able research partner.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Low Voltage Motors Market: Premium IE4 Low Voltage Motors to Witness Robust Demand here

News-ID: 2258358 • Views: 279

More Releases from Fact.MR

Thrive In Food & Beverages Industry Is Expected To Boost Sales Growth Of Commerc …
A commercial mixer used as an essential piece of equipment in any restaurant, pizzeria, bakery, or other establishments that makes dough and batter, leaving the contents perfectly mixed and aerated. The busy and hectic lifestyle urges the need to have commercial mixers like equipments; owing to a commercial mixer is the flawless machine for swiftly mixing batches of batter or dough easily. To get in-depth information view the report – https://www.factmr.com/report/4901/commercial-mixers-market The
Expansion In Bakery Industry Is Expected To Triggers Market Sales Growth Of ADA …
The report analyzes incredible industry-related details that have a significant impact on growth. The report closely tracks the growth hot-spots of the global ADA Substitute market over the forecast period 2019 to 2029 The report begins with a brief presentation and overview of the ADA Substitute market, about the current market landscape, market trends, major market players, product type, application, and region. To get in-depth information view the report – https://www.factmr.com/report/4236/ada-substitute-market It
Global Aseptic Carton Bottles Market Is Projected To Generate Higher Sales Reven …
The report analyzes incredible industry-related details that have a significant impact on growth. The report closely tracks the growth hot-spots of the global Aseptic Carton Bottles market over the forecast period 2018 to 2028 The report begins with a brief presentation and overview of the Aseptic Carton Bottles market, about the current market landscape, market trends, major market players, product type, application, and region. To get in-depth information view the report
Advancement In Oil & Gas Industry is Likely To Boost Deflagration Flame Arrester …
The development in energy generation and oil & gas sectors has prompted the higher reception of equipment, for example, deflagration flame arresters, whose proposed capacity is to permit flow, however, keep the transmission of flame from either explosion or deflagration. A deflagration flame arresters are relied upon to develop as an essential gadget sooner and are required to be utilized in different applications such as pharmaceuticals, mining, and others. Distinctive

All 5 Releases


More Releases for Voltage

Global Low Voltage Cable Development Overview 2019
The report on the global Low Voltage Cable market has been prepared by experienced and knowledgeable market analysts and researchers. It is a phenomenal compilation of important studies that explore the competitive landscape, segmentation, geographical expansion, and revenue, production, and consumption growth of the global Low Voltage Cable market. Players can use the accurate market facts and figures and statistical studies provided in the report to understand the current and future growth
GCC Medium Voltage Switchgear Market (2017-2023)
Increasing infrastructure development activities, rising commercial sector and large scale investments in the power transmission & distribution network are the major factors that would drive the market of medium voltage switchgear market in GCC region. According to 6Wresearch, GCC Medium Voltage Switchgear Market is projected to reach $1.4 Billion by 2023. Medium voltage switchgear market in GCC has witnessed robust growth over the past five years due to growing electricity
Medium Voltage Switchgear Market
Attributable to the nearness of worldwide and provincial merchants, this market is divided. They sellers in the market are contending based particle the cost, item offering and dispatch of new item in the market. The expansive firms in the market are having significant offer because of variables, for example, item plan, quality, turnaround time, administrations offered, highlights of the item, and upkeep of client connections. Major organizations in the worldwide
Dual Voltage Comparator Market - High Speed Voltage Comparator Addresses Applica …
A comparator is an electrical device used to compare a measurable quantity with a reference or standard such as two voltages or currents. It outputs a digital signal showing the results. The comparator can be designed by using various components like diodes, transistors, op-amps. The comparators found in many electronic applications that may be used to drive logic circuit. However, the dual voltage comparator consists of two independent voltage comparators
Low Voltage Relay Market 2017 Emerging Trends
Global Low Voltage Relay market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including Honeywell Dimplex Schneider Electric Functional Device White Rodgers Legrand Viking Electric ABB Rockwell Eaton Request a sample copy at http://www.reportsweb.com/inquiry&RW0001844116/sample Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD) , market share and growth rate of Low Voltage Relay in these regions, from 2012 to 2022 (forecast) , covering United States EU China Japan South Korea Taiwan For more
United States Differential Probes Market: By Voltage Type - Low Voltage Differen …
ResearchMoz presents this most up-to-date research on "United States Differential Probes Market: By Voltage Type - Low Voltage Differential Probes, Medium Voltage Differential Probes & High Voltage Differential Probes". In this report, the United States Differential Probes market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022. Geographically, this report