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Impact Of Industrial Robot Adoption On The Low Voltage Motor Market: A Significant Driver Propelling The Low Voltage Motor Market In 2025
Low Voltage Motor
What Is the Low Voltage Motor Market Size and Projected Growth Rate?
The low voltage motor market has been growing rapidly, with projections showing an increase from $39.82 billion in 2024 to $43.95 billion in 2025, at a CAGR of 10.4%. Factors contributing to this growth include the establishment of international motor efficiency and safety standards, rapid industrialization in emerging markets, energy efficiency programs, expansion of telecommunications networks, and increased household appliance usage.
The low voltage motor market is anticipated to grow rapidly, reaching $64.35 billion by 2029 at a CAGR of 10.0%. Growth is fueled by customer-centric approaches, infrastructure development, the growth of the regenerative medicine and biotech sectors, cybersecurity measures, and the use of remote monitoring and predictive maintenance solutions for motors. Key trends include digital twin technology, intelligent electrical grids, motor miniaturization, permanent magnet motors, and innovations in motor design.
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What Are the Major Segments in the Low Voltage Motor Market?
The low voltage motor market covered in this report is segmented -
1) By Product Type: International Efficiency 1 (IE1) Low-Voltage Motors, International Efficiency 2 (IE2) Low-Voltage Motors, International Efficiency 3 (IE3) Low-Voltage Motors, International Efficiency 4 (IE4) Low-Voltage Motors
2) By Application: Low Voltage Crushers, Low Voltage Compressors, Low Voltage Extruders, Low Voltage Pumps And Fans, Low Voltage Conveyors
3) By End-User Industries: Food And Beverage, Mining, Automotive, Electronics, Textile, Other End-User Industries
Subsegments:
1) By International Efficiency 1 (IE1) Low-Voltage Motors: Standard Efficiency Motors
2) By International Efficiency 2 (IE2) Low-Voltage Motors: High Efficiency Motors
3) By International Efficiency 3 (IE3) Low-Voltage Motors: Premium Efficiency Motors
4) By International Efficiency 4 (IE4) Low-Voltage Motors: Super Premium Efficiency Motors
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What Are The Driving Low Voltage Motor Market Evolution?
The increasing adoption of industrial robots is expected to drive the demand for low-voltage motors. Industrial robots, used in manufacturing and other sectors to perform tasks that require precision, speed, and consistency, are becoming more prevalent due to advancements in automation and robotics technology. Low-voltage motors are essential in powering these robots, enabling them to perform a wide range of tasks efficiently. According to the International Federation of Robotics, the number of industrial robots installed in Asia increased by 5% in 2022, underscoring the rising adoption of automation and the corresponding demand for low-voltage motors.
Which Firms Dominate The Low Voltage Motor Market Segments?
Major companies operating in the low voltage motor market are Hitachi Ltd., Siemens AG, General Electric Company, TECO Electric & Machinery Co. Ltd., Mitsubishi Electric Corporation, Schneider Electric, ABB Group, Toshiba International Corporation, Nidec Corporation, Fuji Electric Co. Ltd., WEG S.A., Regal Rexnord Corporation, Johnson Electric Holdings Limited, Wolong Electric Group, HD Hyundai Electric Co. Ltd., Bonfiglioli, Brook Crompton UK Ltd., VEM Group, VYBO Electric, Ruselprom Group, Hoyer Motors
What Are the Major Trends Shaping the Low Voltage Motor Market?
Leading businesses in the low-voltage motor industry are innovating electric motors to satisfy the ever-changing requirements of the sector. Electric motors are essentially devices that transform electrical power into mechanical power. For example, in March 2022, Kirloskar Oil Engines Ltd., a power-generating sets producer based in India, introduced high-efficiency low-voltage electric motors. These are specifically designed to energize machines in various industrial applications. These motors, crafted with top-quality copper wires, have been scrutinized and approved by a BIS-sanctioned, NABL-certified laboratory to guarantee their superior performance and efficiency. This introduction signifies a substantial stride for KOEL in the field of electric motors, bolstering its industry standing and providing innovative products that fulfill customer requirements.
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Which Is The Largest Region In The Low Voltage Motor Market?
Asia-Pacific was the largest region in the low voltage motor market in 2024. The regions covered in the low voltage motor market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Low Voltage Motor Market?
2. What is the CAGR expected in the Low Voltage Motor Market?
3. What Are the Key Innovations Transforming the Low Voltage Motor Industry?
4. Which Region Is Leading the Low Voltage Motor Market?
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