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Low Voltage Motor Market Expansion From $47.39 Billion In 2026 To $65.88 Billion In 2030
The low voltage motor market has demonstrated significant expansion in recent years. Its size is anticipated to increase from $43.28 billion in 2025 to $47.39 billion in 2026, showing a compound annual growth rate (CAGR) of 9.5%. The historical development of this market is attributable to factors like industrial electrification, the proliferation of manufacturing plants, the integration of electric drives, the demand for compact motors, and the establishment of regulatory efficiency standards.
The low voltage motor market is anticipated to experience robust expansion over the next few years, with its size projected to reach $65.88 billion by 2030, demonstrating a compound annual growth rate (CAGR) of 8.6%. This anticipated growth is primarily driven by factors such as stricter energy efficiency regulations, the increasing electrification of industrial equipment, the advancement of electric mobility, a rising demand for smart motors, and substantial automation investments. Significant trends expected throughout this period involve a shift toward high-efficiency motors, the broader adoption of IE3 and IE4 motors, their growing utilization in industrial automation, an expansion of motor retrofit projects, and increased demand stemming from electric vehicles.
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Low Voltage Motor Market Growth Momentum: Which Factors Are Influencing Demand?
The growing integration of industrial robots is anticipated to fuel expansion in the low-voltage motor market moving forward. These robots are programmable devices frequently employed in manufacturing and industrial environments to execute tasks demanding accuracy, swiftness, and uniformity. Their uptake is motivated by the desire for greater efficiency, better quality, improved safety, reduced costs, adaptability, and ongoing technological progress. Within robotics, low-voltage motors allow robots to execute diverse tasks with nimbleness, precision, and energy conservation, establishing them as crucial elements in contemporary robotic systems across numerous sectors and uses. An illustrative example is from September 2024, when a report from the International Federation of Robotics, a Germany-based non-profit body, indicated that 4,281,585 units were operational globally in factories, representing a 10% rise. For the third consecutive year, annual installations surpassed half a million units. Regionally, in 2023, Asia accounted for 70% of all newly deployed robots, Europe for 17%, and the Americas for 10%. Consequently, the expanding automation across diverse industries is fueling the expansion of the low-voltage motor market.
Low Voltage Motor Market Segmentation Trends And Revenue Drivers
The low voltage motor market covered in this report is segmented –
1) By Product Type: International Efficiency 1 (IE1) Low-Voltage Motors, International Efficiency 2 (IE2) Low-Voltage Motors, International Efficiency 3 (IE3) Low-Voltage Motors, International Efficiency 4 (IE4) Low-Voltage Motors
2) By Application: Low Voltage Crushers, Low Voltage Compressors, Low Voltage Extruders, Low Voltage Pumps And Fans, Low Voltage Conveyors
3) By End-User Industries: Food And Beverage, Mining, Automotive, Electronics, Textile, Other End-User Industries
#Low Voltage Motor Market Growth Trends: What Is Influencing The Future Outlook?
Leading companies operating in the low-voltage motor market are developing electric motors to satisfy evolving industry demands. Electric motors are devices specifically designed to convert electrical energy into mechanical energy. For example, in September 2025, ABB India, an India-based provider of electrification, automation, and motion products, unveiled ultra premium efficiency low voltage electric motors under the IE5 series. These motors are engineered for challenging industrial applications and are manufactured without rare-earth materials, ensuring both high performance and sustainability. The motors are rated from 45 kW to 1000 kW and are constructed using proven induction-motor technology to achieve up to 40% lower energy losses compared to previous-generation motors. This launch signifies a considerable stride for ABB in the low-voltage motor segment, reinforcing its presence in the industry and providing innovative, energy-efficient products that cater to customers’ changing needs.
#Low Voltage Motor Market Industry Leaders: Which Organizations Are Driving Competition?
Major companies operating in the low voltage motor market are ABB Group, Siemens AG, WEG S.A., Nidec Corporation, Mitsubishi Electric Corporation, Hitachi Ltd., TECO Electric And Machinery Co. Ltd., Wolong Electric Group, Regal Rexnord Corporation, Toshiba International Corporation, Brook Crompton UK Ltd., VEM Group, Bonfiglioli S.p.A., Hoyer Motors, VYBO Electric, Ruselprom Group, CG Power And Industrial Solutions Ltd., Kirloskar Electric Company Ltd., Lafert Group, ATB Group, Hyundai Electric And Energy Systems Co. Ltd., SEW-EURODRIVE GmbH And Co. KG, Bauer Gear Motor GmbH, TMEIC Corporation, EMERSON Electric Co.
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Low Voltage Motor Market Regional Analysis And Leading Geography
Asia-Pacific was the largest region in the low voltage motor market in 2025. The regions covered in the low voltage motor market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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Wasay has over a decade of experience in market research, data modelling, and analytics, with prior experience at GlobalData and Decision Tree Consulting Services. At The Business Research Company , he leads research operations across syndicated studies, customized consulting engagements, and the Global Market Model platform. His professional experience includes supporting organizations such as Boston Consulting Group, KPMG, and Ernst & Young. Wasay holds a degree in Electronics and Communications Engineering, postgraduate management qualifications from International Management Institute Belgium and Indian School of Business and Entrepreneurship, and completed the Integrated Program in Business Analytics from Indian Institute of Management Indore.