High Efficiency Low Voltage Aluminum Motor Market

In High Efficiency Low Voltage Aluminum Motor Market , low voltage refers to motors that operate at voltages less than 1 000 V and produce a maximum power of 1 000 kW. This conforms to standards developed by the International Electrotechnical Commission (IEC).

Low voltage aluminum motors are standard, high performance, and power efficient motors made of aluminum. Improved productivity & quality, low energy consumption, and high safety standards are some of the significant features of low voltage aluminum motors. Low voltage aluminum motors are preferred over cast iron motors, as it is highly resistant to corrosion and approximately 33% of the weight of low voltage motors is of cast iron. Low voltage aluminum motors are used in combination with fans, pumps, general machineries conveyors, machine tools, sheet metal presses and compressors, etc.

High Efficiency Low Voltage Aluminum Motor Market contains market size and forecasts of High Efficiency Low Voltage Aluminum Motor in global, including the following market information:

Global High Efficiency Low Voltage Aluminum Motor Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global High Efficiency Low Voltage Aluminum Motor Market Sales, 2017-2022, 2023-2028, (K Units)

Global top five High Efficiency Low Voltage Aluminum Motor companies in 2021 (%)

The global High Efficiency Low Voltage Aluminum Motor market was valued at 3045.2 million in 2021 and is projected to reach US$ 3885 million by 2028, at a CAGR of 3.5% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

IE2-HighEfficiency Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of High Efficiency Low Voltage Aluminum Motor include ABB, Siemens, WEG, TECO, Wolong Electric Group, Able Electric, Nidec Motor Corporation, Toshiba and Jinlong Motor, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

We surveyed the High Efficiency Low Voltage Aluminum 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 High Efficiency Low Voltage Aluminum Motor Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global High Efficiency Low Voltage Aluminum Motor Market Segment Percentages, by Type, 2021 (%)

IE2-HighEfficiency

IE3-PremiumEfficiency

Other

Global High Efficiency Low Voltage Aluminum Motor Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global High Efficiency Low Voltage Aluminum Motor Market Segment Percentages, by Application, 2021 (%)

Food and Beverages

Machinery

Chemical Industry

Water and Wastewater Treatment

Marine

Other

Global High Efficiency Low Voltage Aluminum Motor Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global High Efficiency Low Voltage Aluminum 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 High Efficiency Low Voltage Aluminum Motor revenues in global market, 2017-2022 (Estimated), ($ millions)

Key companies High Efficiency Low Voltage Aluminum Motor revenues share in global market, 2021 (%)

Key companies High Efficiency Low Voltage Aluminum Motor sales in global market, 2017-2022 (Estimated), (K Units)

Key companies High Efficiency Low Voltage Aluminum Motor sales share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

ABB

Siemens

WEG

TECO

Wolong Electric Group

Able Electric

Nidec Motor Corporation

Toshiba

Jinlong Motor

Shandong Huali

Regal Beloit Corporation

FangLi Holding