Global High Efficiency Low Voltage Aluminum Motor Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global High Efficiency Low Voltage Aluminum Motor Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

In this report, low voltage refers to motors that operate at voltages less than 1 000 V and produce a maximum power of 1 000 kW. This conforms to standards developed by the International Electrotechnical Commission (IEC).

Low voltage aluminum motors are standard, high performance, and power efficient motors made of aluminum. Improved productivity & quality, low energy consumption, and high safety standards are some of the significant features of low voltage aluminum motors. Low voltage aluminum motors are preferred over cast iron motors, as it is highly resistant to corrosion and approximately 33% of the weight of low voltage motors is of cast iron. Low voltage aluminum motors are used in combination with fans, pumps, general machineries conveyors, machine tools, sheet metal presses and compressors, etc.

According to our (Global Info Research) latest study, the global High Efficiency Low Voltage Aluminum Motor market size was valued at US$ 3167 million in 2023 and is forecast to a readjusted size of USD 4050 million by 2030 with a CAGR of 3.6% during review period.

The high efficiency low voltage aluminum motor is classified into the IE2-high efficiency, IE3- premium efficiency and other according to the IEC efficiency standard. As of 2019, ie2-high efficiency low voltage aluminum motor segment occupied largest revenue market, with 54.4%, followed by IE3- premium efficiency low voltage aluminum moto, which occupied 43.3% market, with highly growth, other product, such as IE4 and IE5 also enter the market.

Based on industry, the global high efficiency low voltage aluminum motors market has been classified into food and beverages, machinery, chemical industry, water and wastewater treatment, marine and others. The food and beverages segments holds the most substantial share of the high efficiency low voltage aluminum motors market. Low voltage motors have a wide range of applications. With increasing efficiency, several other industries are opting for these motors to be used in pumps, fans, compressors, machine tools, conveyors, and other material handling and processing equipment, which constitute more than half of the motor driven products market.

The high efficiency low voltage aluminum motor market is relative concentrated market; key players include ABB, Siemens, WEG, TECO, Wolong Electric Group, Able Electric, Nidec Motor Corporation, Toshiba, Jinlong Motor, Shandong Huali, Regal Beloit Corporation, FangLi Holding; the revenue of top ten manufacturers accounts about 50.8% of the total revenue, in 2019. The high-end products mainly come from Europe and North America.

This report is a detailed and comprehensive analysis for global High Efficiency Low Voltage Aluminum Motor market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.

Key Features:

Global High Efficiency Low Voltage Aluminum Motor market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2019-2030

Global High Efficiency Low Voltage Aluminum Motor market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2019-2030

Global High Efficiency Low Voltage Aluminum Motor market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2019-2030

Global High Efficiency Low Voltage Aluminum Motor market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (US$/Unit), 2019-2024

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for High Efficiency Low Voltage Aluminum Motor

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global High Efficiency Low Voltage Aluminum Motor market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include ABB, Siemens, WEG, TECO, Wolong Electric Group, Able Electric, Nidec Motor Corporation, Toshiba, Jinlong Motor, Shandong Huali, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

High Efficiency Low Voltage Aluminum Motor market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
IE2-HighEfficiency
IE3-PremiumEfficiency
Other

Market segment by Application
Food and Beverages
Machinery
Chemical Industry
Water and Wastewater Treatment
Marine
Other

Major players covered
ABB
Siemens
WEG
TECO
Wolong Electric Group
Able Electric
Nidec Motor Corporation
Toshiba
Jinlong Motor
Shandong Huali
Regal Beloit Corporation
FangLi Holding

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe High Efficiency Low Voltage Aluminum Motor product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of High Efficiency Low Voltage Aluminum Motor, with price, sales quantity, revenue, and global market share of High Efficiency Low Voltage Aluminum Motor from 2019 to 2024.

Chapter 3, the High Efficiency Low Voltage Aluminum Motor competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the High Efficiency Low Voltage Aluminum Motor breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2019 to 2030.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2019 to 2024.and High Efficiency Low Voltage Aluminum Motor market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of High Efficiency Low Voltage Aluminum Motor.

Chapter 14 and 15, to describe High Efficiency Low Voltage Aluminum Motor sales channel, distributors, customers, research findings and conclusion.