Global Low Voltage & DC Motors Market Growth 2024-2030
Low voltage and DC motors are integral components in many industrial, commercial, and consumer applications due to their versatility, efficiency, and ability to provide precise control over speed and torque.Low voltage and DC motors play crucial roles across diverse applications, offering tailored solutions to meet specific operational requirements. Their selection should be based on careful consideration of the application’s technical demands and environmental conditions.
The global Low Voltage & DC Motors market size is projected to grow from US$ million in 2024 to US$ million in 2030; it is expected to grow at a CAGR of %from 2024 to 2030.
LP Information, Inc. (LPI) ' newest research report, the “Low Voltage & DC Motors Industry Forecast” looks at past sales and reviews total world Low Voltage & DC Motors sales in 2023, providing a comprehensive analysis by region and market sector of projected Low Voltage & DC Motors sales for 2024 through 2030. With Low Voltage & DC Motors sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Low Voltage & DC Motors industry.
This Insight Report provides a comprehensive analysis of the global Low Voltage & DC Motors landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Low Voltage & DC Motors portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Low Voltage & DC Motors market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Low Voltage & DC Motors and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Low Voltage & DC Motors.
United States market for Low Voltage & DC Motors is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
China market for Low Voltage & DC Motors is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Europe market for Low Voltage & DC Motors is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Global key Low Voltage & DC Motors players cover WEG, ABB, HITACHI, Nidec, Siemens, etc. In terms of revenue, the global two largest companies occupied for a share nearly
% in 2023.
This report presents a comprehensive overview, market shares, and growth opportunities of Low Voltage & DC Motors market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Alternating Current (AC) Motors
Direct Current (DC) Motor
Segmentation by Application:
Automobile
Generate Electricity
Print
AGV
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
WEG
ABB
HITACHI
Nidec
Siemens
Fuji Electric
Franklin Electric
Maxon Motor
Rockwell Automation
Wolong Industrial Motors
Toshiba Electronic Devices and Storage
Johnson Electric
Arc Systems
Ametek
Tecnotion
Emerson Electric
ATB
Ningbo Zhongda
Key Questions Addressed in this Report
What is the 10-year outlook for the global Low Voltage & DC Motors market?
What factors are driving Low Voltage & DC Motors market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Low Voltage & DC Motors market opportunities vary by end market size?
How does Low Voltage & DC Motors break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.