The HVAC industry is one of the major end-users of low voltage motors, contributing a significant portion of the revenue to the global low voltage motors market. The market is expected to grow at a rapid rate during 2014-2019, backed by high demand from HVAC, F&B, and oil and gas industries in North America, MEA, and APAC. In terms of geography, APAC will lead the market, followed by the Americas and EMEA.
The analysts forecast global low voltage motors market to grow at a CAGR of 9.58% over the period 2014-2019.
Covered in this Report
This report covers the present scenario and the growth prospects of the global low voltage motors market for 2015-2019. Motors running on 690 V or less are considered as low voltage motors in this report.
The report, Global Low Voltage Motors Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. It covers the market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
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- TECO-Westinghouse Motor Company
Other Prominent Vendors
- Anhui Wannan Electric Machine
- ATB Group
- GE Industrial
- Hyosung Power and Industrial Systems Performance Group
- Leroy Somer
- LEZ Ruselprom
- Luan JiangHuai
- Regal Beloit
- Shandong Huali Electric Motor Group
- Toshiba International
- VEM Group
- Enforcement of Various Motor Efficiency Legislations
- Volatility in Raw Material Prices
- Government Regulations
Key Questions Answered in this Report
- What will the market size be in 2019 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
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