Press release
Smart Sensors Low Voltage Motors Industry Is Slated To Expand Nearly 2X Throughout 2031
The offer in this portion accompanies many open doors including fabricating items, appropriation, retail, and showcasing administrations. Broad rounds of essential and a far reaching optional exploration have been utilized by the examiners at Fact.MR to show up at different assessments and projections for Demand of Low Voltage Motors Market both at worldwide and provincial levels.
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Key players
• 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.
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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
What Do You Get in a Fact.MR Study?
• Factors affecting the overall development of the global Low Voltage Motors Market
• Factor that might restrain the growth of the global market in the coming years of the forecast period.
• What is present competitive scenario of the global Low Voltage Motors Market and its intricate details concerning potential business prospects of leading market players
• Pricing strategies of several different market players in the global Low Voltage Motors Market
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Key Segments Covered
• Efficiency Class
o IE 1 Low Voltage Motors
o IE 2 Low Voltage Motors
o IE 3 Low Voltage Motors
o IE 4 Low Voltage Motors
o DC Low Voltage Motors
o Others Low Voltage Motors
• Sector
o Commercial HVAC Low Voltage Motors
o F&B Manufacturing Low Voltage Motors
o Mining Low Voltage Motors
o Utilities Low Voltage Motors
o Other Sectors Low Voltage Motors
• Application
o Low Voltage Compressors
o Low Voltage Pumps & Fans
o Low Voltage Conveyors
o Low Voltage Crushers
o Low Voltage Extruders
o Other Applications
• Capacity
o 0.75 - 2.1 kW Low Voltage Motors
o 7.4 kW Low Voltage Motors
o 7.5 - 45 kW Low Voltage Motors
o 46 - 75 kW Low Voltage Motors
o 76 - 110 kW Low Voltage Motors
o 111 - 375 kW Low Voltage Motors
o > 375 kW Low Voltage Motors
How Fact.MR Assists in Making Strategic Moves?
The data provided in the Low Voltage Motors Market report offers comprehensive analysis of important industry trends. Industry players can use this data to strategize their potential business moves and gain remarkable revenues in the upcoming period.
The report covers the price trend analysis and value chain analysis along with analysis of diverse offering by market players. The main motive of this report is to assist enterprises to make data-driven decisions and strategize their business moves.
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• Strong focus on delivering quality market reports
• Round the clock customer service
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• Our aim is to help our clients meet their business targets
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