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Low Voltage Motor Market Size And Revenue Outlook Through 2030
The low voltage motor market has demonstrated robust expansion over recent years. This market is projected to expand from $43.28 billion in 2025 to $47.39 billion in 2026, achieving a compound annual growth rate (CAGR) of 9.5%. Historically, this growth has been driven by factors such as industrial electrification, the proliferation of manufacturing plants, the uptake of electric drives, the demand for compact motors, and adherence to regulatory efficiency standards.
The low voltage motor market size is poised for substantial expansion over the next few years, with projections indicating growth to $65.88 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 8.6%. This anticipated growth is primarily fueled by stricter energy efficiency regulations, the increasing electrification of industrial equipment, the expansion of electric mobility, a rising demand for smart motors, and significant investments in automation. Key trends identified for the forecast period encompass a notable shift toward high-efficiency motors, the widespread adoption of IE3 and IE4 motors, their growing application in industrial automation, an increase in motor retrofit projects, and sustained demand from electric vehicles.
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Low Voltage Motor Market Growth Catalysts And Demand Drivers
The low-voltage motor market is anticipated to expand due to the rising incorporation of industrial robots. These programmable machines are commonly employed in manufacturing and industrial environments to execute tasks demanding precision, speed, and consistency. The impetus behind the uptake of industrial robots stems from goals like heightened efficiency, better quality, superior safety, reduced costs, greater flexibility, and ongoing technological progress. Within robotics, low-voltage motors facilitate robots in executing diverse tasks with agility, accuracy, and energy efficiency, establishing them as vital elements in contemporary robotic systems across numerous industries and applications. As an illustration, a report from the International Federation of Robotics, a Germany-based non-profit organization, indicated that in September 2024, 4,281,585 units were operational globally in factories, representing a 10% increase. For the third year in a row, 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 escalating automation across different industries is propelling the expansion of the low-voltage motor market.
Low Voltage Motor Market Segment Trends And Revenue Contributors
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 Industry Trends: What’s Reshaping Demand?
Leading companies in the low-voltage motor market are developing electric motors to meet shifting industry demands. Electric motors are devices that convert electrical energy into mechanical energy. For example, in September 2025, ABB India, a provider of electrification, automation, and motion products based in India, introduced ultra premium efficiency low voltage electric motors within its IE5 series. These motors are crafted for rigorous industrial applications and are manufactured without rare-earth materials, ensuring both exceptional performance and sustainability. The motors possess ratings from 45 kW to 1000 kW and are based on proven induction-motor technology to achieve up to 40% lower energy losses compared to prior-generation motors. This launch marks a significant progression for ABB in the low-voltage motor segment, solidifying its industry presence and delivering innovative, energy-efficient products that cater to customers’ changing needs.
Low Voltage Motor Market Competitive Landscape: Which Companies Lead The Industry?
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 Breakdown: Where Is Demand Concentrated?
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.
