Energy and Power Electric Motor Sales Market | Page 3

< 1 kV is the largest voltage type-based market segment The report also segments the electric motor sales market by voltage range, which includes > 6.6 kV (high), 1 kV–6.6 kV (medium), and < 1 kV (low). < 1 kV voltage range-based electric motor sales market is expected to dominate the market by 2021 . This growth is majorly driven by Asia - Pacific due to the rapid industrialization and urbanization in the region. Moreover, the countries in all the other regions are undergoing rapid developments in the power sector; in turn, aiding the growth in demand for < 1 kV electric motors. About MarketsandMarkets MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions. Ma