Jul 19, 2017   SOURCE: BusinessWire

Global Low Voltage Motors Market 2017-2021 - Key vendors are ABB, ATB, GE, Nidec, Siemens & WEG - Research and Markets

The "Global Low Voltage Motors Market 2017-2021" report has been added to Research and Markets' offering.

The analysts forecast the global low voltage motors market to grow at a CAGR of 9.56% during the period 2017-2021.

Global Low Voltage Motors Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

One trend in the market is smart sensors used in low voltage motors. It has been noticed that the monitoring and maintenance of low voltage motors are time consuming and expensive. Failures or big-sized motors also add up to the total expenses of the end-users.

One driver in the market is increasing demand for motors that can provide protection against thermal overload. As various industries work on variable current loads, the chances of the failure of an equipment increase manifold. To overcome the problem created by the variability in load, industries are now using low voltage motors.

The existing and traditional fixed speed motors were not giving the protection required for the equipment to work in adverse conditions. The torque delivered by such motors was also less.

Key vendors

  • ABB
  • ATB
  • GE
  • Nidec
  • Siemens
  • WEG

Other prominent vendors

  • AMK
  • Hanzel
  • Marelli Motori
  • OME
  • TECO-Westinghouse Motors (Canada)
  • VEM

Key Topics Covered:

Part 01: Executive summary

Part 02: Scope of the report

Part 03: Research methodology

Part 04: Introduction

Part 05: Market landscape Market landscape

Part 06: Market segmentation by type

Part 07: Market segmentation by end-user

Part 08: Geographical segmentation

Part 09: Decision framework

Part 10: Drivers and challenges

Part 11: Market trends

Part 12: Key vendor landscape

Part 13: Appendix

For more information about this report visit https://www.researchandmarkets.com/research/zgmvhm/global_low