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Low Voltage Motors Market to grow at a CAGR of 9.56% by 2021

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Global Low Voltage Motors Market Research Report 2017 to 2021 provides a unique tool for evaluating the market, highlighting opportunities, and supporting strategic and tactical decision-making. This report recognizes that in this rapidly-evolving and competitive environment, up-to-date marketing information is essential to monitor performance and make critical decisions for growth and profitability. It provides information on trends and developments, and focuses on markets and materials, capacities and technologies, and on the changing structure of the Low Voltage Motors Market.

Companies Mentioned are ABB, ATB, GE, Nidec, Siemens, WEG, AMK, Hanzel, Marelli Motori, OME, TECO-Westinghouse Motors (Canada), and VEM.

The global Low Voltage Motors market consists of different international, regional, and local vendors. The market competition is foreseen to grow higher with the rise in technological innovation and M&A activities in the future. Moreover, many local and regional vendors are offering specific application products for varied end-users. The new vendor entrants in the market are finding it hard to compete with the international vendors based on quality, reliability, and innovations in technology.

Major points covered in Global Low Voltage Motors Market 2017 Research are:-

  • What will the market size and the growth rate be in 2021?
  • What are the key factors driving the global Low Voltage Motors market?
  • What are the key market trends impacting the growth of the global Low Voltage Motors market?
  • What are the challenges to market growth?
  • Who are the key vendors in the global Low Voltage Motors market?
  • What are the market opportunities and threats faced by the vendors in the global Low Voltage Motors market?
  • Trending factors influencing the market shares of the Americas, APAC, and EMEA.
  • What are the key outcomes of the five forces analysis of the global Low Voltage Motors market?

This independent 87 page report guarantees you will remain better informed than your competition. With over 150 tables and figures examining the Low Voltage Motors market, the report gives you a visual, one-stop breakdown of the leading products, submarkets and market leader’s market revenue forecasts as well as analysis to 2021.

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Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), and market share and growth rate of Low Voltage Motors in these regions, from 2012 to 2021 (forecast), covering Americas, APAC and EMEA.

The report provides a basic overview of the Low Voltage Motors industry including definitions, classifications, applications and industry chain structure. And development policies and plans are discussed as well as manufacturing processes and cost structures.

Then, the report focuses on global major leading industry players with information such as company profiles, product picture and specifications, sales, market share and contact information. What’s more, the Low Voltage Motors industry development trends and marketing channels are analyzed.

Commenting on the report, an analyst from MIR’s team said: “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.”

According to the report, 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.

Further, the report states that one challenge in the market is low voltage motors are susceptible to corrosion. Low voltage motors are made from materials like aluminum, copper, and silver that are easily subject to problems of corrosion. The low voltage motors in the equipment that is in contact with moisture or washed regularly might experience issues with the functioning of motors. This will result in the end-users not achieving the desired output. This factor, in turn, gives rise to the low service life of the motors and affects the reputation of the vendor.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

The research includes historic data from 2012 to 2016 and forecasts until 2021 which makes the reports an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs. The report will make detailed analysis mainly on above questions and in-depth research on the development environment, market size, development trend, operation situation and future development trend of Low Voltage Motors on the basis of stating current situation of the industry in 2017 so as to make comprehensive organization and judgment on the competition situation and development trend of Low Voltage Motors Market and assist manufacturers and investment organization to better grasp the development course of Low Voltage Motors Market.

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