Global Low Voltage Three-Phase Motor Market Report, History and Forecast 2017-2028
Summary
Market Analysis and Insights: China Low Voltage Three-Phase Motor Market
Due to the COVID-19 pandemic, the China Low Voltage Three-Phase Motor market size is estimated to be worth US$ 4.52 billion in 2022 and is forecast to a readjusted size of US$ 5.59 billion by 2028 with a CAGR of 3.61% during the review period. Fully considering the economic change by this health crisis, Asynchronous Motor accounting for 77.84% of the Low Voltage Three-Phase Motor China market in 2021, is projected to value US$ 4.38 billion by 2028, growing at a revised 3.76% CAGR in the post-COVID-19 period. While Machinery segment is altered to an 4.45% CAGR throughout this forecast period.
In China, the key manufacturers of Low Voltage Three-Phase Motor include Wolong Electric Drive, Wannan Electric Machine, Huali Group, Zhongda Electric, Changli Group, Jiangsu Xi'anda Explosion-proof Co.,Ltd, Jiangxi Special Electric Motor, SIEMENS, and ABB, etc. In 2021, the top five players have a share approximately 34.83% in terms of revenue.
China Low Voltage Three-Phase Motor Scope and Segment
Low Voltage Three-Phase Motor market is segmented by Type, and by Application. Players, stakeholders, and other participants in the China Low Voltage Three-Phase Motor market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by Type, and by Application for the period 2017-2028.
By Company
Wolong Electric Group
Anhui Wannan Electric Machine Co., Ltd
Huali Group
Zhongda Electric Co., Ltd.
Changsha Changli Group Co., Ltd.
Jiangsu Xi'anda Explosion-proof Co.,Ltd
Jiangxi Special Electric Motor Co.,Ltd
SIEMENS
ABB
Xi'an Simo Electric Motor Co., Ltd.
Xiangtan Electric Manufacturing
NIDEC
Lanzhou Electric Co., Ltd.
Shandong Kaiyuan Motor
Jiadian Co., Ltd.
Weg (Nantong) Electric Motor Manufacturing
Shanghai Top Motor Co., Ltd.
Hebei Electric Motor Co., Ltd.
Able Motor
TECO
Segment by Type
Asynchronous Motor
Synchronous Motor
Segment by Application
Machinery
Metallurgical
Petrochemical Industry
Food & Beverage
Chemical Industry
Other
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook