This report contains market size and forecasts of Low Voltage IEC Motor in global, including the following market information:
Global Low Voltage IEC Motor Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Low Voltage IEC Motor Market Sales, 2017-2022, 2023-2028, (Units)
Global top five Low Voltage IEC Motor companies in 2021 (%)
The global Low Voltage IEC Motor market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period 2022-2028.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
0.75 - 2.1 kW Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Low Voltage IEC Motor include ABB, Siemens, WEG Industries, Nidec Corporation, GE, Toshiba Corporation, Hyosung Corporation, Hyundai Heavy Industries Co. Ltd. and Shangdong Huali Electric Motor Group Co. Ltd., etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Low Voltage IEC Motor manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Low Voltage IEC Motor Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global Low Voltage IEC Motor Market Segment Percentages, by Type, 2021 (%)
0.75 - 2.1 kW
7.4 kW Low
7.5 - 45 kW
46 - 75 kW
76 - 110 kW
111 - 375 kW
Above 375 kW
Global Low Voltage IEC Motor Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global Low Voltage IEC Motor Market Segment Percentages, by Application, 2021 (%)
HVAC
Manufacturing
Minin
Utilities
Others
Global Low Voltage IEC Motor Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global Low Voltage IEC Motor Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Low Voltage IEC Motor revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Low Voltage IEC Motor revenues share in global market, 2021 (%)
Key companies Low Voltage IEC Motor sales in global market, 2017-2022 (Estimated), (Units)
Key companies Low Voltage IEC Motor sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
ABB
Siemens
WEG Industries
Nidec Corporation
GE
Toshiba Corporation
Hyosung Corporation
Hyundai Heavy Industries Co. Ltd.
Shangdong Huali Electric Motor Group Co. Ltd.
Regal Rexnord Corporation
TECO Electric & Machinery Co. Ltd.