Global Low-Voltage Motor Drivers Market Growth 2024-2030

Global Low-Voltage Motor Drivers Market Growth 2024-2030

Low Voltage Motor Drives (Low Voltage Motor Drives), also known as Variable Frequency Drives (VFD) or speed regulator, are devices used to control the speed, torque and direction of low-voltage motors. They are widely used in industrial, commercial and household fields to improve the operating efficiency, energy saving and control accuracy of motors. Low-voltage motor drivers are widely used in various industries by providing flexible, efficient and precise motor control, improving the operating efficiency and control accuracy of the system. Choosing the right driver based on specific application needs can help achieve optimal performance and energy savings.

The global Low-Voltage Motor Drivers 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 Motor Drivers Industry Forecast” looks at past sales and reviews total world Low-Voltage Motor Drivers sales in 2023, providing a comprehensive analysis by region and market sector of projected Low-Voltage Motor Drivers sales for 2024 through 2030. With Low-Voltage Motor Drivers sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Low-Voltage Motor Drivers industry.

This Insight Report provides a comprehensive analysis of the global Low-Voltage Motor Drivers 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 Motor Drivers portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Low-Voltage Motor Drivers market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Low-Voltage Motor Drivers 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 Motor Drivers.

United States market for Low-Voltage Motor Drivers 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 Motor Drivers 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 Motor Drivers 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 Motor Drivers players cover Allegro MicroSystems, Wolfspeed, TI, STMicroelectronics, ROHM Semiconductor, 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 Motor Drivers market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Universal Drive
Server Driver

Segmentation by Application:
Industrial
Automobile
Consumer Electronics
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.
Allegro MicroSystems
Wolfspeed
TI
STMicroelectronics
ROHM Semiconductor
ON Semiconductor
Analog Devices
Richtek
Diodes Incorporated
Lange
Infineon
Littelfuse

Key Questions Addressed in this Report

What is the 10-year outlook for the global Low-Voltage Motor Drivers market?

What factors are driving Low-Voltage Motor Drivers market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Low-Voltage Motor Drivers market opportunities vary by end market size?

How does Low-Voltage Motor Drivers break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.