Low Voltage Motor Market Value Share, Supply Demand 2015-2025 FMI | Page 4

Report
Description
Report Description
Global Low Voltage Motor Market: Drivers & Restraints
With rise in technological advancement, increasing demand for machineries across the
world and advantages offered by low voltage motors due to its efficient nature, the
global low voltage motor market is anticipated to show the robust growth during the
forecast period. The growing consumption of low voltage motors by end user industries
will continue to drive the growth in low voltage market over the forecast period.
In addition, stringent motor efficiency legislation and retrofits due to aging equipment
are expected to impact the global low voltage motor market in a positive way.
Global Low Voltage Motor Market: Market Segmentation

On the basis of product type the global low voltage motor market is segmented into four
types
IE1
IE2

IE3
IE4