Global Low Voltage Three-Phase Motor Market Research Report 2022

Low-voltage motor refers to a motor with a rated voltage below 1000V.
Three-phase motor refers to an AC motor driven by three-phase alternating current.
Market Analysis and Insights: Global Low Voltage Three-Phase Motor Market
Due to the COVID-19 pandemic, the global Low Voltage Three-Phase Motor market size is estimated to be worth US$ million in 2022 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the forecast period 2022-2028. Fully considering the economic change by this health crisis, Asynchronous Motor accounting for % of the Low Voltage Three-Phase Motor global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Machinery segment is altered to an % CAGR throughout this forecast period.
China key players of low voltage three-phase motor include Wolong Electric Drive, Changli Group, Wannan Electric Machine and Huali Group, etc.
In terms of type, asynchronous motor is most popular and has a market share of over 80%.In terms of application, machinery is the dominant field using low voltage three-phase motor, has a market share of about 38%.
Global Low Voltage Three-Phase Motor Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Low Voltage Three-Phase Motor Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Asynchronous Motor
Synchronous Motor
Segment by Application
Machinery
Metallurgical
Petrochemical Industry
Food & Beverage
Chemical Industry
Other
By Company
Wolong Electric Drive
Wannan Electric Machine
Huali Group
Zhongda Electric Co., Ltd.
Changli Group
Jiangsu Xi'anda Explosion-proof Co.,Ltd
Jiangxi Special Electric Motor
SIEMENS
ABB
Simo
Xiangtan Electric Manufacturing
NIDEC
Lanzhou Electric Machinery
Shandong Kaiyuan Motor
Jiadian Co., Ltd.
Weg (Nantong) Electric Motor Manufacturing
Shanghai Top Motor Co., Ltd.
Hebei Electric Motor
Able Motor
Chongqing Shi Li Meng Motor
TECO
Shanxi Electric Motor Manufacturing
Regal Beloit
CLP Motor
Hengli Motor
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina