Press release
Low Voltage Electric Motor Market to Reach US$ 18.5 Billion by 2028
Low Voltage Electric Motor Market
Low Voltage Electric Motor Industry Outlook:
A low voltage electric motor is an energy-saving machine that produces maximum power at low current consumption. It has the ability to control tasks, measure electric current, ensure stability and energy efficiency, and deliver precision through proper speed. It provides numerous benefits, including improved quality and productivity, positive energy balance, and high safety standards. It is widely utilized in various industries, such as mining, food, and beverage, oil, and gas, automotive, and packaging. Besides this, it is also used in numerous appliances, including air-conditioning units, elevators, fans, compressors, and pumps.
Get Free Sample Copy of Report at - https://www.imarcgroup.com/electric-motor-manufacturing-plant/requestsample
Global Low Voltage Electric Motor Industry Demand:
One of the key factors driving the global market is rising energy consumption. Moreover, shifting consumer preference from low-efficiency motors to high-efficiency and energy-saving motors is propelling the demand for low-voltage motors across the globe. Besides, numerous major companies are focusing on the manufacturing of excellent quality low-voltage motors using advanced technology to enhance their production process, which is providing a thrust to the market.
Additionally, stringent motor efficiency legislations and the rising retrofitting activities due to aging equipment are acting as other growth-inducing factors. Furthermore, the growing renovation of residential spaces is further fuelling the market. Other factors, including continual technological advancements and the advent of smart sensors, are creating a positive market outlook.
Do you know more information, Contact to our analyst at- https://www.imarcgroup.com/electric-motor-manufacturing-plant
Key Market Segmentation:
Top Low Voltage Electric Motor Manufacturers:
• ABB
• Siemens
• WEG
• TECO E&M
• Regal Beloit
• Leroy-Somer
• Shandong Huali
• Hyundai Heavy Industries
• Hyosung Corporation
• NIDEC
Breakup By Efficiency:
• Standard Efficiency
• High Efficiency
• Premium Efficiency
• Super Premium Efficiency Motors
Breakup By Application:
• Pumps And Fans
• Compressors
• Other Applications
Breakup By End-use:
• Commercial Hvac
• Food
• Beverage And Tobacco Industry
• Mining Industry
• Utilities
• Others
Breakup by Region:
• North America (United States, Canada)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Browse More Research Reports:
• https://www.benzinga.com/pressreleases/22/08/ab28630655/india-structured-cabling-market-research-report-2022-2027-industry-top-manufacturers-size-share-o
• https://www.benzinga.com/pressreleases/22/08/ab28630920/india-veterinary-medicine-market-2022-2027-industry-growth-statistics-outlook-share-size-top-comp
• https://www.benzinga.com/pressreleases/22/08/ab28630922/laundry-detergent-market-analysis-2022-2027-industry-share-size-trends-top-brands-growth-rate-and
• https://www.benzinga.com/pressreleases/22/09/ab28857237/vertical-farming-market-research-report-2022-2027-industry-growth-statistics-future-demand-region
• https://www.benzinga.com/pressreleases/22/08/ab28631058/automotive-engineering-services-outsourcing-market-expects-to-reach-us-221-79-billion-by-2027-gro
• https://www.benzinga.com/pressreleases/22/08/ab28637448/india-plant-based-meat-market-expects-to-exhibit-a-growth-cagr-of-27-80-during-2022-2027
Contact us:
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800
Who we are:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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 Electric Motor Market to Reach US$ 18.5 Billion by 2028 here
News-ID: 2896712 • Views: …
More Releases from IMARC Group
How Is the Frozen Food Market Growing with Expanding Retail and E-Commerce Chann …
MARKET OVERVIEW
The global frozen food market size reached USD 261.9 Billion in 2024 and is projected to reach USD 360 Billion by 2033, growing at a CAGR of 3.59% during the forecast period of 2025-2033. Factors such as rising consumer focus on health and wellness, expanding e-commerce, advancements in logistics and preservation technologies, and growing demand for convenience are driving the market.
STUDY ASSUMPTION YEARS
• Base Year: 2024
• Historical Year/Period: 2019-2024
• Forecast Year/Period:…
Setting up a Magnet Manufacturing Plant Cost Report 2025: Business Plan, Infrast …
Introduction
A magnet is a material or object that produces a magnetic field, enabling it to attract ferromagnetic materials such as iron, nickel, and cobalt. Magnets are broadly classified into permanent magnets, which retain their magnetic properties without external power, and electromagnets, which generate magnetism through electric current. The strength and durability of magnets depend on their material composition, commonly including neodymium, samarium-cobalt, alnico, and ferrite. These materials are engineered to…
India Vegan Food Market Size, Share & Growth Forecast by 2033
MARKET OVERVIEW
The India vegan food market size was USD 1,468.3 Million in 2024 and is projected to reach USD 3,822.3 Million by 2033, with a CAGR of 10% during the 2025-2033 forecast period. The market growth is driven by increasing health awareness about plant-based diets, a rising vegan population, and improved accessibility of vegan products. For more detailed insights, visit the India Vegan Food Market report.
STUDY ASSUMPTION YEARS
➤ Base Year:…
Europe telehealth market to grow from USD 5.7 Billion in 2024 to USD 23.4 Billio …
Market Overview
The Europe telehealth market was valued at USD 5.7 Billion in 2024 and is projected to reach USD 23.4 Billion by 2033, exhibiting a CAGR of 17.1% during the forecast period from 2025 to 2033. This growth is driven by rising demand for remote healthcare services, expanding aging populations, continuous innovations in digital health technologies, higher adoption of smartphones and wearables, government support, and the need for cost-effective healthcare…
More Releases for Motor
SUV Market 2021 Precise Outlook- Honda Motor, Toyota Motor, Nissan Motor, Ford M …
The report presents an in-depth assessment of the SUV Market including enabling technologies, key trends, market drivers, challenges, standardization, regulatory landscape, deployment models, operator case studies, opportunities, future roadmap, value chain, ecosystem player profiles and strategies. The report also presents forecasts for SUV from 2021 till 2027. The report covers the pre COVID-19 historic data, impact of COVID-19 and post-COVID-19 (Corona Virus) impact on various regions and major countries and…
Electric Vehicle Motor Market by Type (Alternate Current (AC) Motor (Synchronous …
Electric vehicle motor is an electromechanical device used to provide power to electric vehicles by converting electric energy into mechanical energy. This phenomenon is achieved by the interaction of electric motors magnetic field and current. Electric vehicle motor comprises bearings, end bracket, frame, cooling frame, rotor, and stator. The electric vehicle motor market is expected to witness lucrative growth during the forecast period due to increase in the number of…
Passenger Vehicle Market Outlook to 2025 - Top Leading Players Toyota Motor, Vol …
Worldwide Passenger Vehicle Market Analysis to 2025 is a specialized and in-depth study of the Passenger Vehicle Industry with a focus on the global market trend. The report aims to provide an overview of global Passenger Vehicle Market with detailed market segmentation by product/application and geography. The global Passenger Vehicle Market is expected to witness high growth during the forecast period. The report provides key statistics on the Market status…
Micro Motor Industry - Johnson Electric, Siemens, Mitsuba Corporation, Nidec Mot …
Global Micro Motor Market is set to rise from its initial estimated value of USD 28.13 billion in 2018 to an estimated value of USD 39.86 billion, registering a CAGR of 4.45% in the forecast period of 2019-2026. This projected rise in the value can be attributed to the increasing applications and demand from the various segments of the market.
Get Sample Copy of this Report @ https://databridgemarketresearch.com/request-a-sample/?dbmr=global-micro-motor-market
Key Market Competitors: Global…
Electric Vehicles Market 2030 | Honda Motor Co., Ltd., Ford Motor, Toyota Motor …
A Research Report Insights (RRI) report reveals that the global market for electric vehicles is set to cross US$ 99 Billion in terms of value by 2016 end. As per the report, the market is expected to reach US$ 596.56 Billion by 2030, riding on a CAGR of 15.6%.
Increasing demand for clean and green energy and rise in global air pollution is compelling socio-economic institutions to rethink over the structures…
Electric Vehicle Motor Market by Type (Alternate Current (AC) Motor (Synchronous …
Electric vehicle motor is an electromechanical device used to provide power to electric vehicles by converting electric energy into mechanical energy. This phenomenon is achieved by the interaction of electric motors magnetic field and current. Electric vehicle motor comprises bearings, end bracket, frame, cooling frame, rotor, and stator.
Access Full Report: https://www.alliedmarketresearch.com/electric-vehicle-motor-market
The electric vehicle motor market is expected to witness lucrative growth during the forecast period due to increase in…
