Low Voltage Aluminum Motors Market Trends, Share, Scope, and Research Insights b

Posted by surendra choudhary on March 20th, 2020

Global Low Voltage Aluminum Motors Market – All-purpose motors

• 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.
• These motors are installed in various end-user industries, which include oil & gas, power, food, automotive, paper, cement, air treatment, metallurgical, chemical, etc.

Global Low Voltage Aluminum Motors Market: Dynamics

Energy Efficiency Legislations on Motor-driven Systems

Manufacturing companies of low voltage aluminum motors have to comply with legislations imposed by regulatory bodies of different countries, such as the National Electric Manufacturers Association (NEMA) in the U.S. Energy efficiency legislations are designed to reduce energy costs by identifying and analyzing energy conservation opportunities and troubleshooting in-plant electrical distribution systems. This is anticipated to drive the market for low voltage aluminum motors during the forecast period.

Rise in Industrialization

Rapid industrialization across the globe has played a significant role in the growth of the global low voltage aluminum motors market. Industrial revolution in various countries has resulted in tremendous advancements, in terms of production, manufacturing, and other fields of engineering. Industrialization is enabling various developing countries to erase poverty and transform economies. Moreover, Middle East & Africa region aims to unravel robust manufacturing potential and facilitate industrialization for economic growth and development.

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Global Low Voltage Aluminum Motors Market: Regional

Asia Pacific to hold one of the largest share of the Global Low Voltage Aluminum Motors Market

• Geographically, the global low voltage aluminum motors market can be bifurcated into five regions: North America, Europe, Asia Pacific, Middle East & Africa and South America
• North America region is broken down and analyzed at country-level including the U.S., Canada, and Rest of North America. The low voltage aluminum motors market in Europe when broken down to country level includes Germany, France, the U.K. and Rest of Europe. On a similar note Asia Pacific low voltage aluminum motors market include China, Japan, India and Rest of Asia Pacific. Middle East & Africa low voltage aluminum motors market analysis include GCC countries, South Africa and Rest of Middle East & Africa. The South America low voltage aluminum motors market is bifurcated into Brazil and Rest of South America.
• Asia Pacific is expected to be the largest low voltage aluminum motors market due to rise in manufacturing activities across emerging markets such as China, India and other Asia Pacific countries.
• Asia Pacific is anticipated to be the fastest growing market during the forecast period.

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Global Low Voltage Aluminum Motors Market: Competition Landscape

There is intense competition rivalry among global and regional low voltage aluminum motors market players. Global low voltage aluminum motors market players are increasing their business across various regions to fulfil the demand of consumers. A few of the key players operating in the global low voltage aluminum motors market are:

• ABB
• Siemens
• O.M.E. Motori Elettrici s.r.l.
• CG Power and Industrial Solutions
• Hanzel Electric Motors
• TECO
• WEG
• Toshina International
• Bombay Engineering Syndicate
• DOL Group