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Low Voltage AC Motor Market (2023-2028)_Sample Extract.pdf

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 for

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Low Voltage AC Motor Market (2023-2028)_Sample Extract.pdf

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  1. Copyright ©2024 IndustryARC LOW VOLTAGE AC MOTOR MARKET Page - 1 Web - www.industryarc.com|Mail – sales@indust

  2. Choosing the Right Consulting Partner is Choosing the Growth Path OUR EXPERTISE - END TO END CONSULTING Copyright ©2024 IndustryARC Energy and Power Life sciences and Healthcare IT & Consulting Consumer & Retail Electronics Chemicals and Materials Inquiry Before Buying +1 518 282 4727 sales@industryarc.com | Buy Now | |

  3. Topics Slide No Chapter 01: Low Voltage AC Motor Market Overview Chapter 01: Low Voltage AC Motor Market Overview - 004 Chapter 02: Low Voltage AC Motor Market Executive Summary Chapter 02: Low Voltage AC Motor Market Executive Summary - 017 Chapter 03: Low Voltage AC Motor Market Landscape Chapter 03: Low Voltage AC Motor Market Landscape - 020 Chapter 04: Low Voltage AC Motor Market Forces Chapter 04: Low Voltage AC Motor Market Forces - 028 Chapter 05: Low Voltage AC Motor Market Strategic Analysis Chapter 05: Low Voltage AC Motor Market Strategic Analysis - 036 Chapter 06: Low Voltage AC Motor Market - By Type Chapter 06: Low Voltage AC Motor Market - By Type - 044 Chapter 07: Low Voltage AC Motor Market - By Power Rating - 049 Chapter 08: Low Voltage AC Motor Market - By Construction Material - 056 Chapter 09: Low Voltage AC Motor Market - By Efficiency Class - 060 Chapter 10: Low Voltage AC Motor Market - By Application Chapter 10: Low Voltage AC Motor Market - By Application - 065 Chapter 11: Low Voltage AC Motor Market - By Geography Chapter 11: Low Voltage AC Motor Market - By Geography - 075 Copyright ©2024 IndustryARC Chapter 12: Low Voltage AC Motor Market Entropy Chapter 13: Low Voltage AC Motor Market Company Profiles Chapter 13: Low Voltage AC Motor Market Company Profiles - 213 - 215 Inquiry Before Buying +1 518 282 4727 sales@industryarc.com | Buy Now | |

  4. CHAPTER - 01 LOW VOLTAGE AC MOTOR MARKET OVERVIEW Copyright ©2024 IndustryARC Inquiry Before Buying +1 518 282 4727 sales@industryarc.com | Buy Now | |

  5. 1.1. Definitions and Scope ❖ For many sectors of the electric vehicle industry, low voltage AC (LVAC) induction motors are the workhorse motor technology because they offer an unbeatable blend of cost, performance, efficiency, dependability, mechanical simplicity, motor control simplicity, and total system cost. Electric motors that operate on voltages lower than 1000V are referred to as low-voltage motors. These motors' primary attributes are increased production and quality, a favorable energy balance, and rigorous safety standards. ❖ Because of this, low-voltage electric motors are used in pumps, fans, chillers, chillers, fans, lifts, and compressors. They also have uses in a variety of sectors, including mining, oil and gas, food and beverage, automotive, packaging, and others. The automation sector is expanding as a result of the globalization of industry. In order to reduce the additional production costs, this has led to a significant increase in the demand for low-voltage electric motors. The demand for ❖ low-voltage motors has also increased as consumers' preferences have shifted from low-efficiency to high-efficiency and energy-saving motors. Additionally, a spike in residential building and remodeling across the globe is anticipated to have an impact on market expansion in the future years. ❖Around the world, severe energy efficiency standards and regulations are regulatory bodies. Low voltage motors frequently use less energy than earlier motor technology. As a result, businesses C obpeyinrigg hitm ©pl2e0m2e4n Itneddu sb are replacing old, inefficient motors with newer, more energy-efficient units to meet regulations and save energy. Inquiry Before Buying +1 518 282 4727 Buy Now sales@industryarc.com| | |

  6. Segment Outlook: ❖ Low Voltage AC Motors market isdivided into categories based on type, power rating, construction material, efficiency class, applications, end-use industry, and geographical areas. Construction Material Type Power Rating Efficiency Class Application Geography Synchronous Motors 0.5-1 HP Aluminum IE1 Water Pump North America Induction Motors 1-5 HP Cast Iron IE2 Machine Tools South America Permanent Magnet Motors 5-10 HP Stainless Steel IE3 Compressor Europe 10-20 HP IE4 Ventilator APAC Servo Motors 20-50 HP Conveyor Systems RoW Above 50 HP Robotics Automotive Copyright ©2024 IndustryARC HVAC Others Inquiry Before Buying +1 518 282 4727 sales@industryarc.com | Buy Now | |

  7. Copyright ©2024 IndustryARC Inquiry Before Buying +1 518 282 4727 sales@industryarc.com | Buy Now | |

  8. Research Methodology Flowchart Market Scope & Definition Preliminary Research Data Gathering Data Triangulation Data Synthesis Data Analysis Data Validation Verification Quality Assurance Preliminary Research In the initial stage of research, the scope of the low voltage AC motors market is defined. In th preliminary stage, the key data points in the market are identified which can be used to estimate the market to the be extent. The scope of this report primarily focuses on the revenue generated from the services providedC boyp ytrhigeh m ©aj2o0r 2p4la Iynedrus.s tTroy AbReCtt er gauge the market, the secondary focus is on different layers in the low voltage A motors market, such as services catering to disparate segments like applications. Inquiry Before Buying +1 518 282 4727 sales@industryarc.com | Buy Now | |

  9. For this market, the volume of low voltage AC motors as well as the varying price points was identified as key informationa conjectures for market estimation in 2022. Market performance and trending market dynamics are some of the key question that are studied during this stage. It also involves studying market factors and changing trends that are expected to affect th market in the future. Data Gathering Based on the scope of the market and the key data points, several secondary source have been utilized for data gathering. The data gathering stage comprises a team of analysts who gather data by researchin secondary research resources, accessing proprietary databases, and with primary research reaching out to key industry participants and opinion leaders (Sales & Marketing Directors, Services, Managers, Market Intelligence Directors as well as Technical Experts an Administrators) throughout the Low Voltage AC Motors ecosystem including end-use environments forming a crucial aspect o the value chain. The key sources for estimations remained the investments made by end-user verticals along with the sale figures of services suppliers in the market. Also, various trade bodies and associations were taken into consideration to understand the dynamics of each industry vertical and their respective investment scenarios. Copyright ©2024 IndustryARC Inquiry Before Buying +1 518 282 4727 sales@industryarc.com | Buy Now | |

  10. Data Synthesis In this stage, a team of analysts Stakeholders incorporates the data that has been gathered by corroborating with various sources. These sources include industry participants, In- house models, regulatory bodies Research & Development key opinion leaders in the market ecosystem, and databases. In this stage, patterns in historical data are Low Voltage AC Motors Services identified and compared with the current scenario. Based on the macro and micro factors prevalent in various Regulatory Bodies/Testing Authorities geographies, various data models are used to assess the key countries for the market. The analysis also includes the Distributors identification of new companies that have entered the market scenario and their impact on the market dynamics End User Segments in the future. The data regarding end users is gathered from various secondary sources (given towards the end of Copyright ©2024 IndustryARC the presentation). Inquiry Before Buying +1 518 282 4727 sales@industryarc.com | Buy Now | |

  11. Data Analysis After the corroboration of data, the team of analysts moves toward understanding how the market has evolve over the years. The overall market size is gathered after analyzing various segments and verticals of the market. An impac analysis is also carried out to see which factors will affect the market in the next few years. These factors have bee researched concerning prominent economies across different geographic regions to understand their corresponding impact o the market. Verification Data verification is carried out at all stages of research. This stage, however, is dedicated to a more thoroug check of all data points, which have been incorporated and rechecked against various data sources. Various C-Level executive and key opinion leaders are contacted for verification of the data. The total market for Low Voltage AC Motors is verifie through the capital expenditure of various industry verticals. The market is also estimated for various key players in each o the service categories, offering another way of cross-validating the data. The data is then summarized and the key findings ar disseminated. Copyright ©2024 IndustryARC Inquiry Before Buying +1 518 282 4727 sales@industryarc.com | Buy Now | |

  12. Forecast Methodology Further, time series forecasting methodology is applied based on various factors such as the servic replacement, propensity to buy a service, suppliers, and distribution margins along with the trade dynamics of the leadin countries across the region. Average weighted ASPs are also considered while estimating the market value in the report. Th estimates are further revalidated with the suppliers and services operating in the market. However, some macroeconom factors like inflation are not considered. The forecasting model is an iterative tool and is backed by historical trends of th market along with a regressive mathematical model which assesses the value based on factors such as capital expenditur services, R&D investments, and so on. Copyright ©2024 IndustryARC Inquiry Before Buying +1 518 282 4727 sales@industryarc.com | Buy Now | |

  13. Assumptions & Research Methodology for Low Voltage AC Motors Market Low Voltage AC Motors market Description • Nominal values (i.e. values are not adjusted w.r.t inflation) are considered in the market estimation The base year is 2022 and 2023 is the estimated year. The forecast period is between 2023 and 2028. Historic and Forecast Value • Average weighted selling prices of the Low Voltage AC Motors with respect to their diversified application are considered while arriving on the market in terms of volume. Pricing Average year USD exchange is considered for the estimation of historic values and average five years exchange rate is considered for forecast values. Exchange Rate Copyright ©2024 IndustryARC Inquiry Before Buying +1 518 282 4727 sales@industryarc.com | Buy Now | |

  14. Assumptions & Research Methodology for Low Voltage AC Motors Market S.NO SECONDARY SOURCES 1 International Electro technical Commission (IEC) 2 National Electrical Manufacturers Association (NEMA) 3 Electrical Apparatus Service Association (EASA) 4 The Association of Electrical and Mechanical Trades (AEMT) 5 American Council for an Energy-Efficient Economy (ACEEE) Articles 6 Blogs 7 Annual Reports 8 Copyright ©2024 IndustryARC Investor Presentations 9 White Papers and Journals 10 Inquiry Before Buying +1 518 282 4727 sales@industryarc.com | Buy Now | |

  15. HeXa-Grid Paradigm: 6. Data Presentation Data Analysis, Summarization, Key Finding & Reporting is done for efficient dissemination of information 5. Data Triangulation & Validation After data compilation, it is validated with various key opinion leaders and C-level Executives globally 4. Data Interpretation & Assessment Based on the macro and micro factors prevalent in various geographies, proprietary data models are used to assess the key countries for the market 1. Scope Definition: Defining scope of the Report: Analyzing its Services, operations and Geographic penetration Market Assessment Competitive Landscape 2. Secondary Research: Based on the scope and segmentation, secondary research is done using public, private and subscribed sources 3. Primary Research: Reach out to all the stake holders Copyright ©2024 IndustryARC involved in ecosystem: Industry Experts insights taken to gauge and validate key data points Inquiry Before Buying +1 518 282 4727 sales@industryarc.com | Buy Now | |

  16. CHAPTER - 02 LOW VOLTAGE AC MOTOR MARKET EXECUTIVE SUMMARY Copyright ©2024 IndustryARC Inquiry Before Buying +1 518 282 4727 sales@industryarc.com | Buy Now | |

  17. Low Voltage AC Motor Market Revenue, 2022-2028 ($M) 25,000.00 20,000.00 Revenue($M) 15,000.00 10,000.00 5,00 0.00 0.00 2022 2023 2024 2025 2026 2027 2028 Market Revenue and Market Size: ❖ The low voltage AC motors market is expected to grow from $16,542.76 M in 2022 to $22,964.12 M in 2028 with a CAGR of 5.88% over the forecast period (2023-2028). The government's energy efficiency regulations on motor-driven systems and a greater emphasis on the industrial sector are anticipated to be the main growth drivers for the worldwide low-voltage motors market. Electric motor demand is rising alCoonpgy wrigithht i©nd2u0s2t4ri aInl dauusttormyAaRtiCo n across the globe due to growing industrialization. Large energy-efficient motors are therefore required to reduce the production's added cost. As a result, the market for low-voltage motors is expanding quickly worldwide. Inquiry Before Buying +1 518 282 4727 Buy Now sales@industryarc.com| | |

  18. Leading companies in the low-voltage motors industry are putting their efforts into creating new products that us cutting-edge technologies. To expand their reach internationally, these players are also adopting technique including mergers, collaborations, and acquisitions. In August 2021, ABB will increase the amount of low-voltag ❖ motors it can produce at its renewable energy-powered Faridabad facility. ABB's regional and international presenc will be strengthened by the expansion, which will increase plant capacity by more than 20%. For clients in numerou industrial areas, including food and beverage, HVAC, and water and wastewater, the new line will produce energy-efficient motors of up to 55 kW. In March 2021, Siemens bought C&S Electric. Siemens wants to create an export hub with this acquisition so it can offe ❖ low-voltage products to markets around the world. The market for low-voltage ac motors is primarily driven by th ❖ increased attention on industry 4.0. In certain places, industrial automation pushes the manufacturing sector towar higher productivity in anticipation of increasing demand. The millions of electrical motors installed worldwide, accordin to Industrial Energy Accelerator, use up to 70% of all the electrical energy used by various businesses. Almost all industrie depend heavily on motors to power both the main industrial processes and auxiliary systems such as compressed a generation, ventilation, and water pumping. Several smart manufacturing pilot projects were started by the Chines ❖ government, according to the Ministry of Industry and Information Technology. The nation also wants to develop it intelligent manufacturing system and Copyright ©2024 IndustryARC complete the crucial industrial transformation by 2025, in accordance with the 13th Five-Year Smart Manufacturing Plan. Inquiry Before Buying +1 518 282 4727 sales@industryarc.com | Buy Now | |

  19. CHAPTER - 04 LOW VOLTAGE AC MOTOR MARKET FORCES Copyright ©2024 IndustryARC Inquiry Before Buying +1 518 282 4727 sales@industryarc.com | Buy Now | |

  20. Low Voltage AC Motor Market - Impact of Drivers Short Term Medium Term Long Term Drivers (2023-2024) (2025-2026) (2027-2028) Increasing Adoption from the Automotive and Industrial Sector to Support Market Development Strong industrial infrastructure in major nations As robotics technology advances, there will be an increase in the demand for low-voltage electric motors Low High Copyright ©2024 IndustryARC Source: Expert Insights & IndustryARC Analysis Inquiry Before Buying +1 518 282 4727 sales@industryarc.com | Buy Now | |

  21. CHAPTER - 05 LOW VOLTAGE AC MOTOR MARKET STRATEGIC ANALYSIS Copyright ©2024 IndustryARC Inquiry Before Buying +1 518 282 4727 sales@industryarc.com | Buy Now | |

  22. Low Voltage AC Motor, Value Chain System Manufacturing Integration and Installation Materials Industrial Users Retailers and Assembly ➢ ➢ ➢ ➢ ➢ ➢ ➢ ➢ ➢ ➢ ➢ Iron and Steel Electrical Steel Copper Electric Components Other Components Metal Casting Copper Wire Scrap Copper Collector & Processors Other Raw Materials ➢ Drive Manufacturers Motor Manufacturers ➢ System Integrator or Equipment Manufacturer Major Distributor Channels Manufacturing Industries Process Industries Large Retails ➢ ➢ ➢ Copyright ©2024 IndustryARC Source IndustryARC Analysis and Expert Insights Inquiry Before Buying +1 518 282 4727 sales@industryarc.com | Buy Now | |

  23. The Low Voltage Directive ties in with specific IEC standards on safety and the risk of shock and arcing and defines lo voltage as being between 50 and 1000 Vac, or 120 and 1500 Vdc. This range is based on the mains voltage used to powe the electrical system. However, low-voltage motors are mostly employed in battery-operated applications when serv motors are brought up. While brushless motors used in the standard industry are normally operated at 120 to 480 Va an are optimal at voltages between 24 and 96 Vdc. The IEC classifies voltages in this range as Extra Low Voltages (ELVs which is what they are by definition. ❖ A drive that draws power from an AC or DC source powers a servo motor. The back EMF (Kb), measured in Volts/krpm, and the torque sensitivity (Kt), measured in Nm/A, are the two unique motor factors that control the motor's speed/torqu characteristics. The applied voltage and current have a direct relationship with the motor speed and torque, respectivel The number of wire turns used in the motor coils directly affects these two features, with the motor winding normal being tuned for the voltage intended for the application. A motor's maximum voltage rating, which is dependent on th insulation scheme employed in the motor construction, can be reached at voltages up to that level. Think about commo ❖ battery-powered applications like robotics or remotely operated vehicles (ROVs), which use voltage ranging from 24 to 9 Vdc. The windings in the servo motor would need to be optimized to reach the load point at the particular applied voltag and available current. Since the application requirements are often lower speeds and higher torque, these application are perfect for low-voltage motor solutions. However, provided the motor windings are Copyright ©2024 IndustryARC designed for effective performance at the rated speed, torque, available voltage, and current, a low-voltage motor may be suitable for operation at greater speeds as well. Inquiry Before Buying +1 518 282 4727 sales@industryarc.com | Buy Now | |

  24. CHAPTER - 06 LOW VOLTAGE AC MOTOR MARKET - BY TYPE Copyright ©2024 IndustryARC Inquiry Before Buying +1 518 282 4727 sales@industryarc.com | Buy Now | |

  25. Synchronous Motors: Low Voltage AC Motor Market Revenue, 2022-2028 ($M) 7,000 The low-voltage AC synchronous motors market is being driven by high efficiency associated with synchronous motors, power factor adjustment capabilities, and tight regulations. For instance, the IE4 efficiency leve has been mandated by the European Union as the minimum standard fo electric motors with rated outputs between 0.75 kW and 375 kW starting in July 2021. Due to their ability to reach or even surpass IE4 efficiency levels, AC permanent magnet motors have seen a surge in popularity. For example, in order to meet the long-term demands fo energy efficiency and environmental compatibility, In March 2021 Siemens introduced the Simotics SD motor series in efficiency class IE4 as part of the Digital Enterprise Virtual Experience, exceeding the more stringent standards of theErP Directive 2019/1781, which went into force in two stages in July 2021 and July 2023. Over the forecast period the synchronous industrial motor market would benefit from rising demand for greater energy efficiency and electric motors. These synchronous motors are frequently seen in positioning devices. They are also used in robotics as actuators, in ball mills, clocks, record players and turntables. 6,000 5,000 4,000 Revenue ($M) 3,000 ❖ 2,000 1,000 - 2022 2023 2024 2025 2026 2027 2028 Synchronous Motors: Low Voltage AC Motor Market Volume, 2022-2028 (Million Units) ❖ 10.00 Volume (Million Units) 8.00 6.00 4.00 Copyright ©2024 IndustryARC 2.00 - 2022 2023 2024 2025 2026 2027 2028 Source: IndustryARC Analysis, Expert Insights Inquiry Before Buying +1 518 282 4727 sales@industryarc.com | Buy Now | |

  26. ❖Low-voltage AC induction motors accounted for the highest share of 30.4% of the low-voltage AC motor market in 2022. Because these Induction Motors: Low Voltage AC Motor Market Revenue, 2022-2028 ($M) motors are among the most basic mechanical motor architectures 8,000 7,000 known. They include a balanced 3-phase winding stator as well as a 6,000 cast rotor core. Low-voltage alternating current induction motors 5,000 Revenue ($M) transfer electrical energy from stator to rotor without the use of slip 4,000 rings or brushes, resulting in smooth, quiet, and consistent 3,000 2,000 performance. As a result, motors are designed to be maintenance-free 1,000 for the duration of their lives, with no worn parts or service items. The market for asynchronous AC motors is developing rapidly as a result of greater emphasis on automating production processes. Since - ❖ 2022 2023 2024 2025 2026 2027 2028 Induction Motors: Low Voltage AC Motor Market Volume, 2022-2028 (Million Units) low-voltage AC induction motors are very simple to control, the market 14.00 for this sector could provide the potential for a wide range of 12.00 Volume (Million Units) 10.00 applications. For example, a simple voClotsp/yhreigrhtzt ©al2g0o2ri4th Imnd ucsatnry regulate AC induction motors, while more advanced control algorithms 8.00 6.00 ❖ 4.00 can also be utilized. 2.00 - 2022 2023 2024 2025 2026 2027 2028 Source: IndustryARC Analysis, Expert Insights Inquiry Before Buying +1 518 282 4727 Buy Now sales@industryarc.com | | |

  27. CHAPTER - 10 LOW VOLTAGE AC MOTOR MARKET - BY APPLICATION Copyright ©2024 IndustryARC Inquiry Before Buying +1 518 282 4727 sales@industryarc.com | Buy Now | |

  28. ❖Due to various aspects that contribute to its advantages in this specific application. Water pumps are used for a variety of applications, including agricultural irrigation, industrial processes, household water supply, wastewater treatment, and more. Low Voltage AC Motors provide multiple benefits that are ideally suited to the needs of water pump systems. Growing reliance on groundwater and monsoon irregularities are fueling demand for water pumps in the agriculture sector. Government efforts to improve water infrastructure, water supply, and sanitation services around the world are likely to boost the use of water pumps even further. Increased emphasis on the building of wastewater treatment plants and desalination plants around the world, along with numerous government programs to improve and develop existing systems. Other important reasons that are predicted to drive the market for Low Voltage AC motors. For instance, According to the Ministry of Agriculture and Farmers Welfare, the agriculture acreage covered by micro-irrigation in 2021 was 12,908.44 thousand ha, with drip irrigation covering 6,112.05 thousand ha and sprinkler irrigation covering 6,796.39 thousand ha. Low Voltage AC Motors are widely utilizeCdo pinyr iwghatt e©r 2p0u2m4p Isn daunsdtr yirArRigCa tion systems. These motors have a number of characteristics that make them ideal for such applications. Water Pump: Low Voltage AC Motor Market Revenue, 2022-2028 ($M) 4,500.00 4,000.00 3,500.00 3,000.00 Revenue ($M) 2,500.00 ❖ 2,000.00 1,500.00 1,000.00 500.00 - 2022 2023 2024 2025 2026 2027 2028 Water Pump: Low Voltage AC Motor Market Volume, 2022-2028 (Million Units) 7.00 6.00 ❖ Volume (million units) 5.00 4.00 3.00 2.00 1.00 - 2022 2023 2024 2025 2026 2027 2028 Inquiry Before Buying +1 518 282 4727 Buy Now sales@industryarc.com | | |

  29. Machine Tool: Low Voltage AC Motor Market Revenue, 2022-2028 ($M) Due to various variables that correspond with the unique requirements of machine tool applications, the Low Voltage AC Motor market is growing in the machine tools sector. In the manufacturing process machine tools are used to shape, cut, and mold materials into various components and products. Low Voltage AC Motors provide severa advantages that make them ideal for incorporation into machine too systems. For instance, On 19 May 2023, The Board of Directors o Siemens Limited authorized a sale and transfer of Siemens Limited's AC and DC low voltage motors and geared motors businesses, including related customer service businesses ("the Business") to Siemens Large Drives India Private Limited, an entity completely owned by Siemens AG for a consideration of Rs. 2,200 crore, effective October 1, 2023 Automation and Industry 4.0 trends in production are encouraging the development of low-voltage AC motors that can be readily integrated into smart manufacturing systems and remotely monitored for optima performance. 2,500.00 2,000.00 Revenue ($M) 1,500.00 ❖ 1,000.00 500.00 - 2022 2023 2024 2025 2026 2027 2028 Machine Tool: Low Voltage AC Motor Market Volume, 2022-2028 (Million Units) 4.00 ❖ 3.50 3.00 Volume (million units) 2.50 2.00 Copyright ©2024 IndustryARC 1.50 1.00 0.50 - 2022 2023 2024 2025 2026 2027 2028 Inquiry Before Buying +1 518 282 4727 sales@industryarc.com | Buy Now | |

  30. CHAPTER - 11 LOW VOLTAGE AC MOTOR MARKET - BY GEOGRAPHY Copyright ©2024 IndustryARC Inquiry Before Buying +1 518 282 4727 sales@industryarc.com | Buy Now | |

  31. The low-voltage AC motor types market in China is influenced by the country's extensive industrial sector, rapid economic growth, China: Low Voltage AC Motor Market Revenue, 2022-2028 ($M) technological advancements, and energy efficiency initiatives ❖ 2,000.00 Induction motors, including both squirrel-cage and wound-rotor 1,800.00 designs, are widely used in various industrial applications due to 1,600.00 their reliability, cost-effectiveness, and robustness. They are Revenue ($M) 1,400.00 employed in sectors such as manufacturing, mining, 1,200.00 1,000.00 construction, and more. The low-voltage AC Induction motor type ❖ 800.00 market in China has positive growth opportunities, mainly 600.00 supported by increasing demand for efficient and energy-saving 400.00 solutions. The government’s initiatives to promote the use of new energy- 200.00 - 202 2 202 3 202 4 202 5 202 6 202 7 202 8 efficient motors as well as the rising demand for high-power motors from the industrial sector will further drive the growth of Synchronous Motors841.7875.8914.8958.71,0111,0721,145 Induction Motors 1,0871,1711,2671,3751,5021,6481,822 1,017 1,067 1,123 1,187 1,264 1,352 1,458 the AC motor types market in China. Apart from these, Ctohpey riignhctr e©a2se0d2 4p InenduestrtarytiAo of industrial automation will further drive the demand for Permanent Magnet Motors 561.1585.9614.2646.0684.4728.4781.2 Servo Motors industrial motors in China. Source: IndustryARC Analysis, Expert Insights Inquiry Before Buying +1 518 282 4727 Buy Now sales@industryarc.com | | |

  32. CHAPTER - 13 LOW VOLTAGE AC MOTOR MARKET COMPANY PROFILES Copyright ©2024 IndustryARC Inquiry Before Buying +1 518 282 4727 sales@industryarc.com | Buy Now | |

  33. ABB Ltd: Product Portfolio Description Product Name The most extensive selection of low-voltage motors is provided by ABB, which may help to increase process productivity, reliability, and energy efficiency. All applications and industries can use ABB motors. which also meet all national and international efficiency standards. The motors can be utilized with variable speed drives or directly on the line. Together with ABB drives, ABB low voltage motors produce optimal high- efficiency packages. Business Overview ABB Ltd Description IEC Low voltage motors 1988 Sweden Established Year Headquarters ~105,000 Employees $29,446 M Revenue (2022) Website www.abb.com Financials: ABB Ltd, Revenue, 2020-2022 ($M) ABB Ltd, Revenue Share, By Geography, 2022 (%) ABB Ltd, Revenue Share, By Segment, 2022 (%) 35,000 30,000 25,000 11% 28,945 29,446 Europe 26,134 Electrification 33% 35% Revenue ($M) 20,000 Americas 20% Motion 47% 15,000 Asia, Middle East and Africa Copyright ©2024 IndustryARC Process Automation 10,000 5,000 0 Robotics & Discrete Automation 22% 2020 2021 2022 32% Source: Company News and Press Releases Inquiry Before Buying +1 518 282 4727 sales@industryarc.com | Buy Now | |

  34. ABB Ltd: Developments Description Date Approach ABB declared that the purchase of Siemens’ low-voltage NEMA motor division had been finalized. The purchase of this company is a successful expansion plan for the Motion business area. It improves ABB's standing as a top industrial NEMA motor manufacturer and gives the company an even more solid foundation from which to better serve its clients across the world. May 3, 2023 Acquisition Copyright ©2024 IndustryARC Source: Company News and Press Releases Inquiry Before Buying +1 518 282 4727 sales@industryarc.com | Buy Now | |

  35. Thank You! IndustryARC +1 614-588-8537/38 sales@IndustryARC.com Copyright ©2024 IndustryARC Page - 35 Web - www.industryarc.com|Mail – sales@indust

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