#Low Voltage AC Motor Market Treads
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Low voltage AC motor market size is forecast to surpass $25 billion by 2030, after growing at a CAGR of 7% during the forecast period 2024-2030. The government's energy efficiency regulations on motor-driven systems in industrial & commercial sector are anticipated to be the main growth drivers for the worldwide low-voltage AC motors market. Apart from this the investments towards expansion of existing plants and setup of new ones across pharmaceutical, food & beverages, water & wastewater, power generation and other verticals to drive the demand for low voltage AC motors market during the forecast period 2024-2030
Report Coverage
The report “Low Voltage AC Motor Market – Forecast (2024-2030)”, by IndustryARC, covers an in-depth analysis of the following segments of the Low Voltage AC Motor market.
By Type: Synchronous Motors, Induction Motors, Permanent Magnet Motors, Servo Motors, Others
By Power Rating: up to 1 HP, 1-5 HP, 5-10 HP, 10-20 HP, 20-50 HP, above 50 HP.
By Phase: Single Phase, Three Phase
By Housing Material: Aluminum, Cast Iron, Steel.
By Efficiency Class: IE1, IE2, IE3, IE4, IE5
By Application: Pumps, Machine Tool, Compressor, Conveyor Systems, Robotics & Automation, HVAC&R, Fans & Blowers, Main Drive Units, Others
By End User Industry: Oil & Gas, Chemical, Pharmaceutical, Mining, Food & Beverage, Water & Wastewater, Commercial, Transportation, Agriculture, Power Generation, Automotive, Industrial Machinery, Others
By Geography: North America, South America, Europe, APAC, and RoW.
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