Low voltage motors are ideal for both fixed and variable speed applications
Low voltage motors are considered as ideal choice for a wide range of applications such as pumps, fans, mixers and compressors. It is a reliable source of energy and has the capability to handle heavy and light loads.
They can also be used in the automotive industry. A growing consumer preference for energy-efficient motors has led to high demand for low voltage electric motors. Several factors such as industrialization, increasing focus on advanced technologies and consumer choice are expected to drive growth in the global low voltage motors market.
The global market for low voltage motors is divided into seven key regions. These include Asia Pacific, Europe, Latin America, North America, Middle East & Africa, and Russia. During the projected period, the region will dominate. Among them, North America is expected to exhibit rapid growth in the global low voltage motor market.
Due to the increased focus on advanced technology, manufacturers are now focusing on providing quality and efficient low voltage electric motors. In addition, stringent legislation on motor efficiency will positively impact the global market.
In addition, the development of emerging economies will contribute to the growth of the global low voltage motors market. This is because the growth of the automation sector is anticipated to accelerate with the global industrialization. Furthermore, retrofitting of old equipment is predicted to enhance the growth of the low voltage electric motor market.