Low Voltage Motor Market Value Share, Supply Demand 2015-2025 FMI | Page 5

Report Description Report Description On the basis of end use industry the global low voltage motor market is segmented into six types Automotive Mining Electronics Textile Food & Beverages Others Global Low Voltage Motor Market: Regional Outlook Depending on geographic regions, global low voltage motor market is segmented into seven key regions: North America, Latin America, Eastern Europe, Western Europe, Asia Pacific, Japan, and Middle East & Africa. As of 2014, Asia pacific dominated the global low voltage motor market owing to the growing consumption of low voltage motors by automotive and electronics industry, in this region. In addition, China is the largest country market for low voltage motor in Asia Pacific and is poised t o show strong opportunities for low voltage motors in near future. After Asia Pacific North America is projected to show the vigorous growth in global low voltage motor market, especially due to the increasing demand of low voltage motors in countries like US and Canada, during the forecast period.