Global Low Voltage Three-Phase Motor Market Growth 2023-2029

Global Low Voltage Three-Phase Motor Market Growth 2023-2029

Low-voltage motor refers to a motor with a rated voltage below 1000V.

Three-phase motor refers to an AC motor driven by three-phase alternating current.

LPI (LP Information)' newest research report, the “Low Voltage Three-Phase Motor Industry Forecast” looks at past sales and reviews total world Low Voltage Three-Phase Motor sales in 2022, providing a comprehensive analysis by region and market sector of projected Low Voltage Three-Phase Motor sales for 2023 through 2029. With Low Voltage Three-Phase Motor sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Low Voltage Three-Phase Motor industry.

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

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

The global Low Voltage Three-Phase Motor market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

China key players of low voltage three-phase motor include Wolong Electric Drive, Changli Group, Wannan Electric Machine and Huali Group, etc.

In terms of type, asynchronous motor is most popular and has a market share of over 80%.In terms of application, machinery is the dominant field using low voltage three-phase motor, has a market share of about 38%.

This report presents a comprehensive overview, market shares, and growth opportunities of Low Voltage Three-Phase Motor market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Asynchronous Motor
Synchronous Motor

Segmentation by application
Machinery
Metallurgical
Petrochemical Industry
Food & Beverage
Chemical Industry
Other

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 analyzing the company's coverage, product portfolio, its market penetration.
Wolong Electric Drive
Wannan Electric Machine
Huali Group
Zhongda Electric Co., Ltd.
Changli Group
Jiangsu Xi'anda Explosion-proof Co.,Ltd
Jiangxi Special Electric Motor
SIEMENS
ABB
Simo
Xiangtan Electric Manufacturing
NIDEC
Lanzhou Electric Machinery
Shandong Kaiyuan Motor
Jiadian Co., Ltd.
Weg (Nantong) Electric Motor Manufacturing
Shanghai Top Motor Co., Ltd.
Hebei Electric Motor
Able Motor
Chongqing Shi Li Meng Motor
TECO
Shanxi Electric Motor Manufacturing
Regal Beloit
CLP Motor
Hengli Motor

Key Questions Addressed in this Report

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

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

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

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

How does Low Voltage Three-Phase Motor break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

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