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市場調查報告書
商品編碼
1886915

低壓馬達市場規模、佔有率、成長及全球產業分析:依類型、應用和地區劃分的洞察,以及2024-2032年預測

Low Voltage Electric Motor Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032

出版日期: | 出版商: Fortune Business Insights Pvt. Ltd. | 英文 210 Pages | 商品交期: 請詢問到貨日

價格

低壓馬達市場成長推動因素

受工業自動化進步、節能需求成長以及住宅、商業和工業領域應用範圍擴大等因素的推動,全球低壓馬達市場正經歷強勁且持續的成長。根據近期的報告,預計該市場規模將在2024年達到629.8億美元,2025年增至671.1億美元,並在2032年達到1,080.9億美元。這表明市場正明顯轉向先進電機技術。亞太地區將在2024年以28.67%的市佔率引領全球市場,成為最主要的市場區域,主要得益於快速的工業化進程和先進製造系統的應用。

低壓電動機的工作電壓為 1000 伏特或更低,在將電能轉化為機械運動的過程中發揮關鍵作用。這些電動馬達以其高效、可靠和長壽命而著稱,廣泛應用於工業自動化、消費性電子產品、暖氣和冷氣系統,以及日益普及的電動車領域。交流 (AC) 和直流 (DC) 電動馬達的出現,使其用途廣泛,從重工業應用到小型住宅應用均可勝任。

市場動態

市場推動因素 - 節能馬達應用日益普及

在尋求優化性能和降低能源成本的工業領域,對節能馬達(IE3 和 IE4 級)的需求正在顯著增長。隨著工業自動化的快速發展,馬達已成為輸送機、泵浦、壓縮機和暖通空調 (HVAC) 設備等系統中不可或缺的組件。此外,消費性電子產品和智慧型裝置的日益普及預計將推動對高效低壓馬達的需求大幅成長。這些趨勢預計將推動市場在2024年至2032年間持續成長。

市場阻礙因素 - 高昂的初始成本

儘管高效能馬達具有長期效益,但其高昂的初始投資仍然是一個障礙。由於初始成本較高,中小企業往往不願意改用高效能IE3和IE4馬達。此外,包括銅和稀土元素在內的關鍵原材料價格波動正在影響馬達製造成本,並對製造商的獲利能力構成挑戰。

市場機會 - 電動車的擴張

全球向電動車 (EV) 的轉型正在創造巨大的市場機會。低壓馬達越來越多地應用於電動車的輔助系統,例如電池冷卻、電動輔助轉向、暖通空調、水泵和其他微型應用。各大汽車製造商和技術創新者正在大力投資這一領域。例如,奇瑞汽車股份有限公司於2025年3月宣布計畫投資10億美元在土耳其建造一座電動汽車工廠,以滿足區域和全球電動車製造對馬達的需求。

市場趨勢—馬達數位化整合

數位技術、智慧感測器、物聯網平台和人工智慧驅動的預測性維護的整合正在重塑低壓馬達領域。這些數位化增強功能提高了能源優化水平,監測了馬達健康狀況,並減少了停機時間。隨著各行業向智慧工廠和工業4.0系統轉型,數位化連接的馬達正成為首選。日益增強的節能意識也推動了全球對高效能馬達的需求成長。

依細分市場分析

依馬達類型

  • 交流電馬達因其在空調、風扇、冰箱和水泵等消費性電子產品中的廣泛應用而佔市場主導地位。
  • 直流馬達在吸塵器、小型水泵和製冰機等小型家用電器中仍然至關重要。

依功率輸出

  • 功率為 1 匹馬力或以下的馬達佔市場主導地位,主要用於小型家用和商用機械。
  • 功率為 1 匹馬力或以上的馬達市場正在快速成長,這主要得益於工業自動化和重型設備領域需求的不斷增長。

依最終使用者

  • 由於自動化和先進製造系統的應用,工業應用佔了最大的市場佔有率。
  • 由於消費性電子產品的廣泛應用,住宅領域是成長最快的領域。
  • 商業、農業和交通運輸領域的需求持續保持穩定。

區域分析

亞太地區-2024 年市場領導者

亞太地區引領全球市場,預計到 2024 年市場規模將達到 180.6 億美元。中國、日本和印度的工業化進程加快、政府節能措施以及強大的電動車製造生態系統是推動成長的主要動力。

北美

北美是成長最快的地區,這得益於技術進步以及福特、通用和特斯拉等電動車製造商的主導地位。

歐洲

智慧工廠、自動化和物聯網的興起持續推動著對高效能馬達的需求。

拉丁美洲、中東和非洲

這些地區的發展動力來自不斷增長的工業產能、對暖通空調(供暖、通風和空調)日益增長的需求以及高效電力系統的廣泛應用。

目錄

第一章:引言

第二章:摘要整理

第三章:市場動態

  • 市場推動因素
  • 市場阻礙因素
  • 市場機遇

第四章:主要發現

  • 主要國家的主要新興趨勢
  • 最新技術進展
  • 監理環境分析
  • 波特五力分析
  • 關稅對全球低壓馬達市場的影響

第五章 全球低壓馬達市場分析、洞察與預測(2019-2032)

  • 主要發現
  • 市場分析、洞察與預測 - 依電機類型劃分
    • 交流電機
    • 直流電機
  • 市場分析、洞察與預測 - 依功率輸出劃分
    • 小功率(1 馬力或以下)
    • 1 馬力或以上
  • 市場分析、洞察與預測 - 依最終用戶劃分
    • 工業
    • 商業
    • 住宅
    • 農業
    • 交通運輸
  • 市場分析、洞察與預測 - 依地區劃分
    • 北美
    • 歐洲
    • 亞太地區
    • 拉丁美洲
    • 中東和非洲

第六章 北美低壓馬達市場分析、洞察與預測(2019-2032)

  • 依國家劃分
    • 美國
    • 加拿大

第七章:歐洲低壓馬達市場分析、洞察與預測(2019-2032)

  • 依國家劃分
    • 英國
    • 德國
    • 法國
    • 義大利
    • 西班牙
    • 荷蘭
    • 歐洲其他地區

第八章:亞太地區低壓馬達市場分析、洞察與預測(2019-2032)

  • 依國家/地區
    • 中國
    • 日本
    • 印度
    • 澳大利亞
    • 東南亞
    • 亞太其他地區

第九章:拉丁美洲低壓馬達市場分析、洞察與預測(2019-2032)

  • 依國家劃分
    • 巴西
    • 墨西哥
    • 拉丁美洲其他地區

第十章:中東與非洲低壓馬達市場分析、洞察與預測(2019-2032)

  • 依國家劃分
    • 海灣合作委員會
    • 南非
    • 中東和非洲其他地區

章節11 競爭分析

  • 各公司市佔率分析(2024 年)
  • 公司簡介
    • ABB
    • AMETEK
    • Johnson Electric
    • Siemens
    • Rockwell Automation
    • GE
    • Nidec Motor Corporation
    • WEG
    • Toshiba Corporation
    • Hitachi
    • Mitsubishi Heavy Industries
    • TECO-Westinghouse Motor Company
Product Code: FBI113519

Growth Factors of low voltage electric motor Market

The global low voltage electric motor market is witnessing strong and sustained growth, driven by industrial automation, rising energy-efficiency requirements, and the expansion of applications across residential, commercial, and industrial sectors. According to the latest report, the market was valued at USD 62.98 billion in 2024, is expected to increase to USD 67.11 billion in 2025, and is projected to reach USD 108.09 billion by 2032, indicating a robust shift toward advanced motor technologies. In 2024, Asia Pacific led the global market with a share of 28.67%, making it the most dominant region due to rapid industrialization and the adoption of advanced manufacturing systems.

Low voltage electric motors operate below 1,000 volts and play an essential role in converting electrical energy into mechanical motion. Known for their efficiency, reliability, and long life cycle, these motors are widely used in industrial automation, home appliances, heating and cooling systems, and increasingly in electric vehicles. Their versatility arises from the availability of both AC and DC motor types, catering to both heavy-duty industrial use and smaller domestic applications.

Market Dynamics

Market Drivers - Rising Adoption of Energy-Efficient Motors

The demand for energy-efficient motors (IE3, IE4 class) is increasing significantly across industries aiming to optimize performance and reduce energy costs. As industrial automation grows rapidly, motors have become indispensable components in systems such as conveyors, pumps, compressors, and HVAC units. Furthermore, with the rise of home appliances and smart devices, the demand for efficient low-voltage motors is expected to escalate sharply. These trends are collectively pushing the market toward continuous growth between 2024 and 2032.

Market Restraints - High Initial Cost

Despite their long-term benefits, high initial investment in premium energy-efficient motors remains a restraint. Small and medium enterprises often avoid switching to high-efficiency IE3 or IE4 motors because of the upfront cost. In addition, fluctuating prices of key raw materials-including copper and rare earth elements-impact overall motor manufacturing costs, creating profitability challenges for producers.

Market Opportunities - Expansion of Electric Vehicles

The global shift toward electric vehicles (EVs) is creating substantial market opportunities. Low voltage motors are increasingly used in EV auxiliary systems like battery cooling, electric steering, HVAC, pumps, and other micro-applications. Major automakers and tech innovators are investing heavily in this segment. For instance, in March 2025, Chery Automobile Co. Ltd. announced plans to invest USD 1 billion in an EV plant in Turkey, supporting motor demand in regional and global EV manufacturing.

Market Trends - Digital Integration in Motors

The integration of digital technologies, smart sensors, IoT platforms, and AI-driven predictive maintenance is reshaping the low-voltage motor landscape. These digital enhancements improve energy optimization, monitor motor health, and reduce downtime. As industries move toward smarter factories and Industry 4.0 systems, digitally connected motors are becoming the preferred choice. Energy conservation awareness is also contributing to the rising demand for highly efficient motors globally.

Segmentation Insights

By Motor Type

  • AC motors dominate the market due to widespread use in home appliances-air conditioners, fans, refrigerators, and pumps.
  • DC motors remain essential for smaller consumer devices like vacuum cleaners, small pumps, and ice makers.

By Power Output

  • Fractional horsepower (up to 1HP) leads the market, supporting small machinery in domestic and commercial applications.
  • Integral horsepower (above 1HP) is growing rapidly due to its dominance in industrial automation and heavy-duty equipment.

By End-User

  • Industrial applications hold the largest share due to automation and advanced manufacturing systems.
  • Residential is the fastest-growing segment driven by appliance penetration.
  • Commercial, agriculture, and transportation sectors continue to offer steady demand.

Regional Analysis

Asia Pacific - Market Leader in 2024

With a market value of USD 18.06 billion in 2024, Asia Pacific leads the global landscape. Growing industrialization, government energy-efficiency mandates, and strong EV manufacturing ecosystems in China, Japan, and India are driving accelerated growth.

North America

The fastest-growing region, driven by technological advancement and dominance of EV manufacturers such as Ford, GM, and Tesla.

Europe

Growth in smart factories, automation, and IoT integration continues to boost demand for efficient motors.

Latin America & Middle East & Africa

These regions are expanding through improved industrial capabilities, rising HVAC demand, and increasing adoption of efficient electrical systems.

Conclusion

The low voltage electric motor market is set for substantial expansion between 2024 and 2032, rising from USD 62.98 billion to USD 108.09 billion. Increasing demand for energy-efficient systems, EV development, and digital motor technologies will remain the core drivers of growth.

Segmentation By Motor Type

  • AC Motors
  • DC Motors

By Power Output

  • Fractional Horsepower (Up to 1HP)
  • Integral Horsepower (Above 1HP)

By End-User

  • Industrial
  • Commercial
  • Residential
  • Agriculture
  • Transportation

By Geography

  • North America (By Motor Type, Power Output, End-User, and Country)
    • U.S.
    • Canada
  • Europe (By Motor Type, Power Output, End-User, and Country)
    • U.K.
    • Germany
    • France
    • Italy
    • Spain
    • Netherlands
    • Rest of Europe
  • Asia Pacific (By Motor Type, Power Output, End-User, and Country)
    • China
    • India
    • Japan
    • Australia
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America (By Motor Type, Power Output, End-User, and Country)
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa (By Motor Type, Power Output, End-User, and Country)
    • GCC
    • South Africa
  • Rest of the Middle East & Africa

Table of Content

1. Introduction

  • 1.1. Research Scope
  • 1.2. Market Segmentation
  • 1.3. Research Methodology
  • 1.4. Definitions & Assumptions

2. Executive Summary

3. Market Dynamics

  • 3.1. Market Drivers
  • 3.2. Market Restraints
  • 3.3. Market Opportunities

4. Key Insights

  • 4.1. Key Emerging Trends - For Major Countries
  • 4.2. Latest Technological Advancement
  • 4.3. Insight on Regolatory Landscape
  • 4.4. Porters Five Forces Analysis
  • 4.5. Impact of Tariff on the Global Low Voltage Electric Motor Market

5. Global Low Voltage Electric Motor Market (USD Billion) Analysis, Insights, and Forecast, 2019-2032

  • 5.1. Key Findings
  • 5.2. Market Analysis, Insights, and Forecast - By Motor Type
    • 5.2.1. AC Motors
    • 5.2.2. DC Motors
  • 5.3. Market Analysis, Insights, and Forecast - By Power Output
    • 5.3.1. Fractional Horsepower (Up to 1HP)
    • 5.3.2. Integral Horsepower (Above 1HP)
  • 5.4. Market Analysis, Insights, and Forecast - By End-User
    • 5.4.1. Industrial
    • 5.4.2. Commercial
    • 5.4.3. Residential
    • 5.4.4. Agricolture
    • 5.4.5. Transportation
  • 5.5. Market Analysis, Insights, and Forecast - By Region
    • 5.5.1. North America
    • 5.5.2. Europe
    • 5.5.3. Asia Pacific
    • 5.5.4. Latin America
    • 5.5.5. Middle East & Africa

6. North America Low Voltage Electric Motor Market (USD Billion) Analysis, Insights, and Forecast, 2019-2032

  • 6.1. Key Findings
  • 6.2. Market Analysis, Insights, and Forecast - By Motor Type
    • 6.2.1. AC Motors
    • 6.2.2. DC Motors
  • 6.3. Market Analysis, Insights, and Forecast - By Power Output
    • 6.3.1. Fractional Horsepower (Up to 1HP)
    • 6.3.2. Integral Horsepower (Above 1HP)
  • 6.4. Market Analysis, Insights, and Forecast - By End-User
    • 6.4.1. Industrial
    • 6.4.2. Commercial
    • 6.4.3. Residential
    • 6.4.4. Agricolture
    • 6.4.5. Transportation
  • 6.5. Market Analysis, Insights, and Forecast - By Country
    • 6.5.1. S.
    • 6.5.2. Canada

7. Europe Low Voltage Electric Motor Market (USD Billion) Analysis, Insights, and Forecast, 2019-2032

  • 7.1. Key Findings
  • 7.2. Market Analysis, Insights, and Forecast - By Motor Type
    • 7.2.1. AC Motors
    • 7.2.2. DC Motors
  • 7.3. Market Analysis, Insights, and Forecast - By Power Output
    • 7.3.1. Fractional Horsepower (Up to 1HP)
    • 7.3.2. Integral Horsepower (Above 1HP)
  • 7.4. Market Analysis, Insights, and Forecast - By End-User
    • 7.4.1. Industrial
    • 7.4.2. Commercial
    • 7.4.3. Residential
    • 7.4.4. Agricolture
    • 7.4.5. Transportation
  • 7.5. Market Analysis, Insights, and Forecast - By Country
    • 7.5.1. UK
    • 7.5.2. Germany
    • 7.5.3. France
    • 7.5.4. Italy
    • 7.5.5. Spain
    • 7.5.6. Netherlands
    • 7.5.7. Rest of Europe

8. Asia Pacific Low Voltage Electric Motor Market (USD Billion) Analysis, Insights, and Forecast, 2019-2032

  • 8.1. Key Findings
  • 8.2. Market Analysis, Insights, and Forecast - By Motor Type
    • 8.2.1. AC Motors
    • 8.2.2. DC Motors
  • 8.3. Market Analysis, Insights, and Forecast - By Power Output
    • 8.3.1. Fractional Horsepower (Up to 1HP)
    • 8.3.2. Integral Horsepower (Above 1HP)
  • 8.4. Market Analysis, Insights, and Forecast - By End-User
    • 8.4.1. Industrial
    • 8.4.2. Commercial
    • 8.4.3. Residential
    • 8.4.4. Agricolture
    • 8.4.5. Transportation
  • 8.5. Market Analysis, Insights, and Forecast - By Country
    • 8.5.1. China
    • 8.5.2. Japan
    • 8.5.3. India
    • 8.5.4. Australia
    • 8.5.5. Southeast Asia
    • 8.5.6. Rest of Asia Pacific

9. Latin America Low Voltage Electric Motor Market (USD Billion) Analysis, Insights, and Forecast, 2019-2032

  • 9.1. Key Findings
  • 9.2. Market Analysis, Insights, and Forecast - By Motor Type
    • 9.2.1. AC Motors
    • 9.2.2. DC Motors
  • 9.3. Market Analysis, Insights, and Forecast - By Power Output
    • 9.3.1. Fractional Horsepower (Up to 1HP)
    • 9.3.2. Integral Horsepower (Above 1HP)
  • 9.4. Market Analysis, Insights, and Forecast - By End-User
    • 9.4.1. Industrial
    • 9.4.2. Commercial
    • 9.4.3. Residential
    • 9.4.4. Agricolture
    • 9.4.5. Transportation
  • 9.5. Market Analysis, Insights, and Forecast - By Country
    • 9.5.1. Brazil
    • 9.5.2. Mexico
    • 9.5.3. Rest of Latin America

10. Middle East & Africa Low Voltage Electric Motor Market (USD Billion) Analysis, Insights, and Forecast, 2019-2032

  • 10.1. Key Findings
  • 10.2. Market Analysis, Insights, and Forecast - By Motor Type
    • 10.2.1. AC Motors
    • 10.2.2. DC Motors
  • 10.3. Market Analysis, Insights, and Forecast - By Power Output
    • 10.3.1. Fractional Horsepower (Up to 1HP)
    • 10.3.2. Integral Horsepower (Above 1HP)
  • 10.4. Market Analysis, Insights, and Forecast - By End-User
    • 10.4.1. Industrial
    • 10.4.2. Commercial
    • 10.4.3. Residential
    • 10.4.4. Agricolture
    • 10.4.5. Transportation
  • 10.5. Market Analysis, Insights, and Forecast - By Country
    • 10.5.1. GCC
    • 10.5.2. South Africa
    • 10.5.3. Rest of Middle East Africa

11. Competitive Analysis

  • 11.1. Company Market Share Analysis, 2024
  • 11.2. Company Profile
    • 11.2.1. ABB
      • 11.2.1.1. Business Overview
      • 11.2.1.2. Product & Services Offerings
      • 11.2.1.3. Recent Developments
      • 11.2.1.4. Financials (Based on Availability)
    • 11.2.2. AMETEK
      • 11.2.2.1. Business Overview
      • 11.2.2.2. Product & Services Offerings
      • 11.2.2.3. Recent Developments
      • 11.2.2.4. Financials (Based on Availability)
    • 11.2.3. Johnson Electric
      • 11.2.3.1. Business Overview
      • 11.2.3.2. Product & Services Offerings
      • 11.2.3.3. Recent Developments
      • 11.2.3.4. Financials (Based on Availability)
    • 11.2.4. Siemens
      • 11.2.4.1. Business Overview
      • 11.2.4.2. Product & Services Offerings
      • 11.2.4.3. Recent Developments
      • 11.2.4.4. Financials (Based on Availability)
    • 11.2.5. Rockwell Automation
      • 11.2.5.1. Business Overview
      • 11.2.5.2. Product & Services Offerings
      • 11.2.5.3. Recent Developments
      • 11.2.5.4. Financials (Based on Availability)
    • 11.2.6. GE
      • 11.2.6.1. Business Overview
      • 11.2.6.2. Product & Services Offerings
      • 11.2.6.3. Recent Developments
      • 11.2.6.4. Financials (Based on Availability)
    • 11.2.7. Nidec Motor Corporation
      • 11.2.7.1. Business Overview
      • 11.2.7.2. Product & Services Offerings
      • 11.2.7.3. Recent Developments
      • 11.2.7.4. Financials (Based on Availability)
    • 11.2.8. WEG
      • 11.2.8.1. Business Overview
      • 11.2.8.2. Product & Services Offerings
      • 11.2.8.3. Recent Developments
      • 11.2.8.4. Financials (Based on Availability)
    • 11.2.9. Toshiba Corporation
      • 11.2.9.1. Business Overview
      • 11.2.9.2. Product & Services Offerings
      • 11.2.9.3. Recent Developments
      • 11.2.9.4. Financials (Based on Availability)
    • 11.2.10. Hitachi
      • 11.2.10.1. Business Overview
      • 11.2.10.2. Product & Services Offerings
      • 11.2.10.3. Recent Developments
      • 11.2.10.4. Financials (Based on Availability)
    • 11.2.11. Mitsubishi Heavy Industries
      • 11.2.11.1. Business Overview
      • 11.2.11.2. Product & Services Offerings
      • 11.2.11.3. Recent Developments
      • 11.2.11.4. Financials (Based on Availability)
    • 11.2.12. TECO-Westinghouse Motor Company
      • 11.2.12.1. Business Overview
      • 11.2.12.2. Product & Services Offerings
      • 11.2.12.3. Recent Developments
      • 11.2.12.4. Financials (Based on Availability)

List of Tables

  • Table 1: Global Low Voltage Electric Motor Market Value (USD Billion) Forecast, By Motor Type, 2019-2032
  • Table 2: Global Low Voltage Electric Motor Market Value (USD Billion) Forecast, By Power Output, 2019-2032
  • Table 3: Global Low Voltage Electric Motor Market Value (USD Billion) Forecast, By End-User, 2019-2032
  • Table 4: Global Low Voltage Electric Motor Market Value (USD Billion) Forecast, By Region, 2019-2032
  • Table 5: North America Low Voltage Electric Motor Market Value (USD Billion) Forecast, By Motor Type, 2019-2032
  • Table 6: North America Low Voltage Electric Motor Market Value (USD Billion) Forecast, By Power Output, 2019-2032
  • Table 7: North America Low Voltage Electric Motor Market Value (USD Billion) Forecast, By End-User, 2019-2032
  • Table 8: North America Low Voltage Electric Motor Market Value (USD Billion) Forecast, By Country, 2019-2032
  • Table 9: Europe Low Voltage Electric Motor Market Value (USD Billion) Forecast, By Motor Type, 2019-2032
  • Table 10: Europe Low Voltage Electric Motor Market Value (USD Billion) Forecast, By Power Output, 2019-2032
  • Table 11: Europe Low Voltage Electric Motor Market Value (USD Billion) Forecast, By End-User, 2019-2032
  • Table 12: Europe Low Voltage Electric Motor Market Value (USD Billion) Forecast, By Country, 2019-2032
  • Table 13: Asia Pacific Low Voltage Electric Motor Market Value (USD Billion) Forecast, By Motor Type, 2019-2032
  • Table 14: Asia Pacific Low Voltage Electric Motor Market Value (USD Billion) Forecast, By Power Output, 2019-2032
  • Table 15: Asia Pacific Low Voltage Electric Motor Market Value (USD Billion) Forecast, By End-User, 2019-2032
  • Table 16: Asia Pacific Low Voltage Electric Motor Market Value (USD Billion) Forecast, By Country, 2019-2032
  • Table 17: Latin America Low Voltage Electric Motor Market Value (USD Billion) Forecast, By Motor Type, 2019-2032
  • Table 18: Latin America Low Voltage Electric Motor Market Value (USD Billion) Forecast, By Power Output, 2019-2032
  • Table 19: Latin America Low Voltage Electric Motor Market Value (USD Billion) Forecast, By End-User, 2019-2032
  • Table 20: Latin America Low Voltage Electric Motor Market Value (USD Billion) Forecast, By Country, 2019-2032
  • Table 21: Middle East & Africa Low Voltage Electric Motor Market Value (USD Billion) Forecast, By Motor Type, 2019-2032
  • Table 22: Middle East & Africa Low Voltage Electric Motor Market Value (USD Billion) Forecast, By Power Output, 2019-2032
  • Table 23: Middle East & Africa Low Voltage Electric Motor Market Value (USD Billion) Forecast, By End-User, 2019-2032
  • Table 24: Middle East & Africa Low Voltage Electric Motor Market Value (USD Billion) Forecast, By Country, 2019-2032
  • Table 25: Company Market Share Analysis, 2024

List of Figures

  • Figure 1: Global Low Voltage Electric Motor Market Revenue Breakdown (USD Billion, %) by Region, 2024 & 2032
  • Figure 2: Global Low Voltage Electric Motor Market Value Share (%), By Motor Type, 2024 & 2032
  • Figure 3: Global Low Voltage Electric Motor Market Forecast (USD Billion), by AC Motors, 2019-2032
  • Figure 4: Global Low Voltage Electric Motor Market Forecast (USD Billion), by DC Motor, 2019-2032
  • Figure 5: Global Low Voltage Electric Motor Market Value Share (%), By Power Output, 2024 & 2032
  • Figure 6: Global Low Voltage Electric Motor Market Forecast (USD Billion), by Fractional Horsepower (Up to 1HP), 2019-2032
  • Figure 7: Global Low Voltage Electric Motor Market Forecast (USD Billion), by Integral Horsepower (Above 1HP), 2019-2032
  • Figure 8: Global Low Voltage Electric Motor Market Value Share (%), By End-User, 2024 & 2032
  • Figure 9: Global Low Voltage Electric Motor Market Forecast (USD Billion), by Industrial, 2019-2032
  • Figure 10: Global Low Voltage Electric Motor Market Forecast (USD Billion), by Commercial, 2019-2032
  • Figure 11: Global Low Voltage Electric Motor Market Forecast (USD Billion), by Residential, 2019-2032
  • Figure 12: Global Low Voltage Electric Motor Market Forecast (USD Billion), by Agriculture, 2019-2032
  • Figure 13: Global Low Voltage Electric Motor Market Forecast (USD Billion), by Transportation, 2019-2032
  • Figure 14: Global Low Voltage Electric Motor Market Value (USD Billion), by Region, 2024-2032
  • Figure 15: Global Low Voltage Electric Motor Market Value Share (%), by Region, 2024
  • Figure 16: North America Low Voltage Electric Motor Market Value Share (%), By Motor Type, 2024 & 2032
  • Figure 17: North America Low Voltage Electric Motor Market Forecast (USD Billion), by AC Motors, 2019-2032
  • Figure 18: North America Low Voltage Electric Motor Market Forecast (USD Billion), by DC Motor, 2019-2032
  • Figure 19: North America Low Voltage Electric Motor Market Value Share (%), By Power Output, 2024 & 2032
  • Figure 20: North America Low Voltage Electric Motor Market Forecast (USD Billion), by Fractional Horsepower (Up to 1HP), 2019-2032
  • Figure 21: North America Low Voltage Electric Motor Market Forecast (USD Billion), by Integral Horsepower (Above 1HP), 2019-2032
  • Figure 22: North America Low Voltage Electric Motor Market Value Share (%), By End-User, 2024 & 2032
  • Figure 23: North America Low Voltage Electric Motor Market Forecast (USD Billion), by Industrial, 2019-2032
  • Figure 24: North America Low Voltage Electric Motor Market Forecast (USD Billion), by Commercial, 2019-2032
  • Figure 25: North America Low Voltage Electric Motor Market Forecast (USD Billion), by Residential, 2019-2032
  • Figure 26: North America Low Voltage Electric Motor Market Forecast (USD Billion), by Agriculture, 2019-2032
  • Figure 27: North America Low Voltage Electric Motor Market Forecast (USD Billion), by Transportation, 2019-2032
  • Figure 28: North America Low Voltage Electric Motor Market Value (USD Billion), by Country, 2024-2032
  • Figure 29: North America Low Voltage Electric Motor Market Value Share (%), by Country, 2024
  • Figure 30: Europe Low Voltage Electric Motor Market Value Share (%), By Motor Type, 2024 & 2032
  • Figure 31: Europe Low Voltage Electric Motor Market Forecast (USD Billion), by AC Motors, 2019-2032
  • Figure 32: Europe Low Voltage Electric Motor Market Forecast (USD Billion), by DC Motor, 2019-2032
  • Figure 33: Europe Low Voltage Electric Motor Market Value Share (%), By Power Output, 2024 & 2032
  • Figure 34: Europe Low Voltage Electric Motor Market Forecast (USD Billion), by Fractional Horsepower (Up to 1HP), 2019-2032
  • Figure 35: Europe Low Voltage Electric Motor Market Forecast (USD Billion), by Integral Horsepower (Above 1HP), 2019-2032
  • Figure 36: Europe Low Voltage Electric Motor Market Value Share (%), By End-User, 2024 & 2032
  • Figure 37: Europe Low Voltage Electric Motor Market Forecast (USD Billion), by Industrial, 2019-2032
  • Figure 38: Europe Low Voltage Electric Motor Market Forecast (USD Billion), by Commercial, 2019-2032
  • Figure 39: Europe Low Voltage Electric Motor Market Forecast (USD Billion), by Residential, 2019-2032
  • Figure 40: Europe Low Voltage Electric Motor Market Forecast (USD Billion), by Agriculture, 2019-2032
  • Figure 41: Europe Low Voltage Electric Motor Market Forecast (USD Billion), by Transportation, 2019-2032
  • Figure 42: Europe Low Voltage Electric Motor Market Value (USD Billion), by Country, 2024-2032
  • Figure 43: Europe Low Voltage Electric Motor Market Value Share (%), by Country, 2024
  • Figure 44: Asia Pacific Low Voltage Electric Motor Market Value Share (%), By Motor Type, 2024 & 2032
  • Figure 45: Asia Pacific Low Voltage Electric Motor Market Forecast (USD Billion), by AC Motors, 2019-2032
  • Figure 46: Asia Pacific Low Voltage Electric Motor Market Forecast (USD Billion), by DC Motor, 2019-2032
  • Figure 47: Asia Pacific Low Voltage Electric Motor Market Value Share (%), By Power Output, 2024 & 2032
  • Figure 48: Asia Pacific Low Voltage Electric Motor Market Forecast (USD Billion), by Fractional Horsepower (Up to 1HP), 2019-2032
  • Figure 49: Asia Pacific Low Voltage Electric Motor Market Forecast (USD Billion), by Integral Horsepower (Above 1HP), 2019-2032
  • Figure 50: Asia Pacific Low Voltage Electric Motor Market Value Share (%), By End-User, 2024 & 2032
  • Figure 51: Asia Pacific Low Voltage Electric Motor Market Forecast (USD Billion), by Industrial, 2019-2032
  • Figure 52: Asia Pacific Low Voltage Electric Motor Market Forecast (USD Billion), by Commercial, 2019-2032
  • Figure 53: Asia Pacific Low Voltage Electric Motor Market Forecast (USD Billion), by Residential, 2019-2032
  • Figure 54: Asia Pacific Low Voltage Electric Motor Market Forecast (USD Billion), by Agriculture, 2019-2032
  • Figure 55: Asia Pacific Low Voltage Electric Motor Market Forecast (USD Billion), by Transportation, 2019-2032
  • Figure 56: Asia Pacific Low Voltage Electric Motor Market Value (USD Billion), by Country, 2024-2032
  • Figure 57: Asia Pacific Low Voltage Electric Motor Market Value Share (%), by Country, 2024
  • Figure 58: Latin America Low Voltage Electric Motor Market Value Share (%), By Motor Type, 2024 & 2032
  • Figure 59: Latin America Low Voltage Electric Motor Market Forecast (USD Billion), by AC Motors, 2019-2032
  • Figure 60: Latin America Low Voltage Electric Motor Market Forecast (USD Billion), by DC Motor, 2019-2032
  • Figure 61: Latin America Low Voltage Electric Motor Market Value Share (%), By Power Output, 2024 & 2032
  • Figure 62: Latin America Low Voltage Electric Motor Market Forecast (USD Billion), by Fractional Horsepower (Up to 1HP), 2019-2032
  • Figure 63: Latin America Low Voltage Electric Motor Market Forecast (USD Billion), by Integral Horsepower (Above 1HP), 2019-2032
  • Figure 64: Latin America Low Voltage Electric Motor Market Value Share (%), By End-User, 2024 & 2032
  • Figure 65: Latin America Low Voltage Electric Motor Market Forecast (USD Billion), by Industrial, 2019-2032
  • Figure 66: Latin America Low Voltage Electric Motor Market Forecast (USD Billion), by Commercial, 2019-2032
  • Figure 67: Latin America Low Voltage Electric Motor Market Forecast (USD Billion), by Residential, 2019-2032
  • Figure 68: Latin America Low Voltage Electric Motor Market Forecast (USD Billion), by Agriculture, 2019-2032
  • Figure 69: Latin America Low Voltage Electric Motor Market Forecast (USD Billion), by Transportation, 2019-2032
  • Figure 70: Latin America Low Voltage Electric Motor Market Value (USD Billion), by Country, 2024-2032
  • Figure 71: Latin America Low Voltage Electric Motor Market Value Share (%), by Country, 2024
  • Figure 72: Middle East & Africa Low Voltage Electric Motor Market Value Share (%), By Motor Type, 2024 & 2032
  • Figure 73: Middle East & Africa Low Voltage Electric Motor Market Forecast (USD Billion), by AC Motors, 2019-2032
  • Figure 74: Middle East & Africa Low Voltage Electric Motor Market Forecast (USD Billion), by DC Motor, 2019-2032
  • Figure 75: Middle East & Africa Low Voltage Electric Motor Market Value Share (%), By Power Output, 2024 & 2032
  • Figure 76: Middle East & Africa Low Voltage Electric Motor Market Forecast (USD Billion), by Fractional Horsepower (Up to 1HP), 2019-2032
  • Figure 77: Middle East & Africa Low Voltage Electric Motor Market Forecast (USD Billion), by Integral Horsepower (Above 1HP), 2019-2032
  • Figure 78: Middle East & Africa Low Voltage Electric Motor Market Value Share (%), By End-User, 2024 & 2032
  • Figure 79: Middle East & Africa Low Voltage Electric Motor Market Forecast (USD Billion), by Industrial, 2019-2032
  • Figure 80: Middle East & Africa Low Voltage Electric Motor Market Forecast (USD Billion), by Commercial, 2019-2032
  • Figure 81: Middle East & Africa Low Voltage Electric Motor Market Forecast (USD Billion), by Residential, 2019-2032
  • Figure 82: Middle East & Africa Low Voltage Electric Motor Market Forecast (USD Billion), by Agriculture, 2019-2032
  • Figure 83: Middle East & Africa Low Voltage Electric Motor Market Forecast (USD Billion), by Transportation, 2019-2032
  • Figure 84: Middle East & Africa Low Voltage Electric Motor Market Value (USD Billion), by Country, 2024-2032
  • Figure 85: Middle East & Africa Low Voltage Electric Motor Market Value Share (%), by Country, 2024