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High Efficiency Low Voltage Aluminum Motors Market

High Efficiency Low Voltage Aluminum Motors Market (Type: Induction Motors, Permanent Magnet Motors, Synchronous Motors, and Others; Power (kW): 0 kW to 0.75 kW, 0.75 kW to 7.5 kW, 7.5 kW to 15.5 kW, 15.5 kW to 29.5 kW, and Above 29.5 kW; Industry: Marine, Mining & Metals, Food and Beverages, Water and Wastewater Treatment, Oil & Gas, Paper & Food Processing, Chemicals & Fertilizers, and Others) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019 - 2027

High Efficiency Low Voltage Aluminum Motors Market:  Increasing Application in F&B Driving Growth

In recent years, there has been an increase in the demand for high efficiency low voltage aluminum motors across industries due to their durability and reliability. The consistent demand from manufacturers for energy-saving motors that improve overall efficiency and reduce costs has been instrumental in the growth of the high efficiency low voltage aluminum motors market. Based on historical data of the industry and an understanding of the underlying trends, according to this report by Transparency Market Research, the global high efficiency low voltage aluminum motors market is set to grow steadily over the forecast period, with sales increasing from ~9.5 Bn units in 2018 to ~14 Bn units by 2027.

As motors are being used in various sizes for different needs, they have found application across industries such as oil and gas, paper, water and wastewater treatment, and food and beverages, among others. These motors are also gaining popularity due to their overall high efficiency factor. With industries looking into emission reduction due to the rising awareness of efficiency standards, globally, the penetration of these motors has been rather rapid in recent years. This also comes on the back of technological advancements that have boosted product innovation, contributing to the growth of the high efficiency low voltage aluminum motors market.

This is particularly significant in their application in the food and beverage industry, as high efficiency low voltage aluminum motors are increasingly being used in grinders, mixers, and conveyers.  Manufacturers are increasingly focusing on product innovation that accommodates the precise needs of the industry, such as high pressure cleaning and hygiene standards, enabling them in maintaining high operational efficiency. In 2018, the food and beverage sector held the largest share of the high efficiency low voltage aluminum motors market by revenue, and is projected to grow the fastest at ~6% over the forecast period.

high efficiency low voltage aluminum motors market infographic

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Induction Motors Gaining Popularity

The awareness of the importance of lowered greenhouse emissions, as an underlying trend, has impacted several industries and verticals, including the high efficiency low voltage aluminum motors market. Within the market, induction motors, which have low operational costs, accounted for ~US$ 16 Bn of the total revenue share as of 2018, and this figure is expected to rise at a healthy average of 4.5% by the end of 2027. Induction motors are some of the most common motors used in manufacturing, as they have a good weight-to-power ratio and broad configuration options. These are closely followed by synchronous motors, the sales of which are expected to grow at a steady pace as well.

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Europe Biggest Market, APAC Fastest-growing Market

The market in Europe occupied the largest share of ~30% by value of the global high efficiency low voltage aluminum motors market in 2018, a trend that is likely to continue to the end of the forecast period. The large-scale application of these motors across industries, particularly F&B and chemicals & fertilizers, is expected to drive the growth of the market in the region, owing to their greater cost-efficiency.

The increasing demand for these motors from the growing mining & metals sector in APAC is expected to positively impact the high efficiency low voltage aluminum motors market in this region. Also, a surge in the metal fabrication industry and increasing demand from the automotive industry are factors boosting the growth of the market in APAC. In 2018, the market in Asia Pacific accounted for the second-largest share in global landscape by way of revenue, and is anticipated to expand at a CAGR of ~6% in the foreseeable future.

high efficiency low voltage aluminum motors market segmentation

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Analysts’ Overview

Technology, which has greatly impacted manufacturing and industries around the world, has also positively influenced the evolution of the high efficiency low voltage aluminum motors market. Due to increased awareness of Industrial Internet of Things (IIoT), the demand for smart motors that can be integrated into the same is also rising. Manufacturers should tap into opportunities opened up by this trend to focus on R&D to meet this demand and experience profitable gains.

Manufacturers making inroads into regional high efficiency low voltage aluminum motors markets, especially in the rapidly expanding APAC and Europe regions by catering to the needs of the growing sectors in the region, are also likely to grow by leaps and bounds. While global fluctuations in the prices of raw materials is a cause of concern for players in the market, shifting consumer inclination towards energy-saving motors is set to have a positive impact on the evolution of the market.

High Efficiency Low Voltage Aluminum Motors Market: Overview

  • The high efficiency low voltage aluminum motors market is expected to grow in the coming years, due to the increasing number of heavy industries such as metal processing, mining, and oil & gas.
  • The global high efficiency low voltage aluminum motors market is projected to grow at a CAGR of ~5%, growing from a value of ~US$ 3.7 Bn in 2018 to ~US$ 5.8 Bn by the year 2027.
  • In terms of volume, the global high efficiency low voltage aluminum motors market is expected to increase from ~9,500 thousand units in 2018 to ~14,000 thousand units by the end of the forecast period.

High Efficiency Low Voltage Aluminum Motors Market: Drivers

  • The growing demand for oil & gas due to thriving international trade is encouraging the growth of the high efficiency low voltage aluminum motors market.
  • Shift in global socioeconomic and increasing population growth, combined with long-term economic development in developing markets, are expected to have an impact on heavy industrial growth in emerging economies. The middle-class population is increasing in the emerging economies of Asia Pacific, Africa, and South America. As disposable income increases, the demand for imported goods is rising, which drives the growth of several industries across the globe.
  • Low voltage motors have a wide range of applications. With increasing efficiency, several other industries are opting for these motors to be used in pumps, fans, compressors, machine tools, conveyors, and other material handling and processing equipment, which constitute more than half of the motor driven products market.
  • Increasing awareness about energy efficiency solutions is encouraging manufacturers to focus on the development of high-efficiency products. Growing oil prices is also encouraging manufacturers to increase oil production and acquire more oil reserves. The uncertainty of OPEC oil production and U.S. oil production, shift in demand for oil, and volatility of the dollar are the major reasons for fluctuations in oil prices across the globe. Increasing demand for efficient motors and awareness about Industrial Internet of Things (IIOT) is considered to be a growing trend in the high efficiency low voltage aluminum motors market. Growing energy costs are increasing the installation of high efficiency motor drives, especially in the developed countries in Europe and North America.
  • Boost in industrialization and increasing infrastructure & construction activities are surging the demand for motors in emerging economies, mainly in Asia Pacific and MEA regions.
  • The growing application range of low voltage motors is also expected to help the market perform well in the coming years.
  • Increasing application range of high efficiency low voltage aluminum motors and expansion of demand in emerging economies is creating lucrative opportunities for motor manufacturers.

High Efficiency Low Voltage Aluminum Motors Market: Segment Analysis

  • In terms of type, the global high efficiency low voltage aluminum motors market has been categorized into induction motors, permanent magnet motors, synchronous motors, and others. The induction motors segment holds the highest share of the high efficiency low voltage aluminum motors market.
  • On the basis of power (kW), the global high efficiency low voltage aluminum motors market has been segmented into 0 kW to 0.75 kW, 0.75 kW to 7.5 kW, 7.5 kW to 15.5 kW, 15.5 kW to 29.5 kW, and above 29.5 kW. The 0 kW to 0.75 kW segments holds the biggest share of the high efficiency low voltage aluminum motors market.
  • Based on industry, the global high efficiency low voltage aluminum motors market has been classified into marine, mining & metals, food and beverages, water and wastewater treatment, oil & gas, paper & food processing, chemicals & fertilizers, and others. The food and beverages segments holds the most substantial share of the high efficiency low voltage aluminum motors market.
  • In terms of region, the report classifies the global high efficiency low voltage aluminum motors market into North America, Europe, Asia Pacific, the Middle East & Africa (MEA), and South America. Europe holds the highest share of the global high efficiency low voltage aluminum motors market, and the same is expected over the forecast period too.

High Efficiency Low Voltage Aluminum Motors Market: Key Findings

  • Growing infrastructure, oil and gas, mining, consumer durables, and automotive industry across the globe especially in emerging economies is a positive indicator for manufacturers to increase their production of high efficiency low voltage aluminum motors.
  • Shift in consumer inclination from low-efficiency motors to energy-saving, high-efficiency motors drives the demand for high efficiency low voltage aluminum motors.
  • Most industries face energy challenges. Growing global demand for energy and increasing pressure on reducing carbon emissions are encouraging industries to adopt energy-efficient equipment.
  • Also, the growing use of high efficiency low voltage motors in pumps, fans, and refrigeration systems is also increasing the demand for the product.  

High Efficiency Low Voltage Aluminum Motors Market: Prominent Players

Some of the major players in the global high efficiency low voltage aluminum motors market include

  • ABB Ltd., Toshiba Corporation,
  • Siemens AG, Danfoss A/S
  • Hitachi, Ltd., General Electric
  • TECO Electric & Machinery Co., Ltd.
  • Nidec Motor Corporation
  • Regal Beloit Corporation
  • WEG.

High Efficiency Low Voltage Aluminum Motors Market: Segmentation

TMR’s study on the high efficiency low voltage aluminum motors market includes information segmented into four sections? type, power (kW), industry, and region. Noteworthy industry trends and other significant market dynamics associated with these sections of the high efficiency low voltage aluminum motors market have been discussed in detail.

Type
  • Induction Motors
  • Permanent Magnet Motors
  • Synchronous Motors
  • Others
Power (kW)
  • 0 kW to 0.75 kW
  • 0.75 kW to 7.5 kW
  • 7.5 kW to 15.5 kW
  • 15.5 kW to 29.5 kW
  • Above 29.5 kW
Industry
  • Marine
  • Mining & Metals
  • Food and Beverages
  • Water and Wastewater Treatment
  • Oil & Gas
  • Paper & Food Processing
  • Chemicals & Fertilizers
  • Others
Region
  • North America
  • Europe
  • Asia Pacific
  • MEA
  • South America
High Efficiency Low Voltage Aluminum Motors Market

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1. Preface

    1.1. Market Definition and Scope

    1.2. Market Segmentation

    1.3. Key Research Objectives

    1.4. Research Highlights

2. Assumptions and Acronyms 

3. Research Methodology

4. Executive Summary

5. Market Overview

    5.1. Market Dynamics

        5.1.1. Drivers

        5.1.2. Restraints

        5.1.3. Opportunities

    5.2. Key Trends Analysis

    5.3. Value Chain Analysis

    5.4. Porter’s Five Forces Analysis 

    5.5. Industry SWOT Analysis

    5.6. Key Market Indicators

    5.7. Technological Overview 

6. Global High Efficiency Low Voltage Aluminum Motors Market Analysis and Forecast, by Type

    6.1. High Efficiency Low Voltage Aluminum Motors Market Size (US$ Mn & Thousand Units), by Type, 2017 - 2027

        6.1.1. Induction Motor

        6.1.2. Permanent Magnet Motor

        6.1.3. Synchronous Motor

        6.1.4. Others 

    6.2. Incremental Opportunity Analysis, by Type

7. Global High Efficiency Low Voltage Aluminum Motors Market Analysis and Forecast, by Power (kW)

    7.1. High Efficiency Low Voltage Aluminum Motors Market Size (US$ Mn & Thousand Units), by Power (kW), 2017 - 2027

        7.1.1. 0 kW to 0.75 kW 

        7.1.2. 0.75kW to 7.5kW 

        7.1.3. 7.5kW to 15.5kW 

        7.1.4. 15.5kW to 29.5kW 

        7.1.5. Above 29.5kW 

    7.2. Incremental Opportunity Analysis, by Power (kW)

8. Global High Efficiency Low Voltage Aluminum Motors Market Analysis and Forecast, by Industry 

    8.1. High Efficiency Low Voltage Aluminum Motors Market Size (US$ Mn & Thousand Units), by Industry, 2017 - 2027

        8.1.1. Marine

        8.1.2. Mining & Metals

        8.1.3. Food and Beverage

        8.1.4. Water and Wastewater Treatment

        8.1.5. Oil & Gas

        8.1.6. Paper & Food Processing

        8.1.7. Chemicals & Fertilizers

        8.1.8. Others  

    8.2. Incremental Opportunity Analysis, by Industry 

9. Global High Efficiency Low Voltage Aluminum Motors Market Analysis and Forecast, By Region

    9.1. High Efficiency Low Voltage Aluminum Motors Market Size (US$ Mn & Thousand Units), by Region, 2017 - 2027

        9.1.1. North America

        9.1.2. Europe

        9.1.3. Asia Pacific

        9.1.4. Middle East & Africa

        9.1.5. South America

    9.2. Incremental Opportunity Analysis, by Region

10. North America High Efficiency Low Voltage Aluminum Motors Market Analysis and Forecast

    10.1. Regional Snapshot

        10.1.1. By Type

        10.1.2. By Power (kW)

        10.1.3. By Industry

        10.1.4. By Country

    10.2. High Efficiency Low Voltage Aluminum Motors Market Size (US$ Mn & Thousand Units), by Type, 2017 - 2027

        10.2.1. Induction Motor

        10.2.2. Permanent Magnet Motor

        10.2.3. Synchronous Motor

        10.2.4. Others 

    10.3. High Efficiency Low Voltage Aluminum Motors Market Size (US$ Mn & Thousand Units), by Power (kW), 2017 - 2027

        10.3.1. 0 kW to 0.75 kW 

        10.3.2. 0.75kW to 7.5kW 

        10.3.3. 7.5kW to 15.5kW 

        10.3.4. 15.5kW to 29.5kW 

        10.3.5. Above 29.5kW 

    10.4. High Efficiency Low Voltage Aluminum Motors Market Size (US$ Mn & Thousand Units),by Industry, 2017 - 2027

        10.4.1. Marine

        10.4.2. Mining & Metals

        10.4.3. Food and Beverage

        10.4.4. Water and Wastewater Treatment

        10.4.5. Oil & Gas

        10.4.6. Paper & Food Processing

        10.4.7. Chemicals & Fertilizers

        10.4.8. Others  

    10.5. High Efficiency Low Voltage Aluminum Motors Market Size (US$ Mn & Thousand Units), by Country/Sub-region, 2017 - 2027

        10.5.1. U.S.

        10.5.2. Canada

        10.5.3. Rest of North America

    10.6. Incremental Opportunity Analysis 

        10.6.1. By Type

        10.6.2. By Power (kW)

        10.6.3. By Industry 

        10.6.4. By Country

11. Europe High Efficiency Low Voltage Aluminum Motors Market Analysis and Forecast

    11.1. Regional Snapshot

        11.1.1. By Type

        11.1.2. By Power (kW)

        11.1.3. By Industry 

        11.1.4. By Country

    11.2. High Efficiency Low Voltage Aluminum Motors Market Size (US$ Mn & Thousand Units), by Type, 2017 - 2027

        11.2.1. Induction Motor

        11.2.2. Permanent Magnet Motor

        11.2.3. Synchronous Motor

        11.2.4. Others 

    11.3. High Efficiency Low Voltage Aluminum Motors Market Size (US$ Mn & Thousand Units), by Power (kW), 2017 - 2027

        11.3.1. 0 kW to 0.75 kW 

        11.3.2. 0.75kW to 7.5kW 

        11.3.3. 7.5kW to 15.5kW 

        11.3.4. 15.5kW to 29.5kW 

        11.3.5. Above 29.5kW 

    11.4. High Efficiency Low Voltage Aluminum Motors Market Size (US$ Mn & Thousand Units), by Country/Sub-region, 2017 - 2027

        11.4.1. Germany

        11.4.2. U.K.

        11.4.3. France

        11.4.4. Rest of Europe

    11.5. Incremental Opportunity Analysis 

        11.5.1. By Type

        11.5.2. By Power (kW)

        11.5.3. By Industry 

        11.5.4. By Country

12. Asia Pacific High Efficiency Low Voltage Aluminum Motors Market Analysis and Forecast

    12.1. Regional Snapshot

        12.1.1. By Type

        12.1.2. By Power (kW)

        12.1.3. By Industry

        12.1.4. By Country

    12.2. High Efficiency Low Voltage Aluminum Motors Market Size (US$ Mn & Thousand Units), by Type, 2017 - 2027

        12.2.1. Induction Motor

        12.2.2. Permanent Magnet Motor

        12.2.3. Synchronous Motor

        12.2.4. Others 

    12.3. High Efficiency Low Voltage Aluminum Motors Market Size (US$ Mn & Thousand Units), by Power (kW), 2017 - 2027

        12.3.1. 0 kW to 0.75 kW 

        12.3.2. 0.75kW to 7.5kW 

        12.3.3. 7.5kW to 15.5kW 

        12.3.4. 15.5kW to 29.5kW 

        12.3.5. Above 29.5kW 

    12.4. High Efficiency Low Voltage Aluminum Motors Market Size (US$ Mn & Thousand Units), by Industry, 2017 - 2027

        12.4.1. Marine

        12.4.2. Mining & Metals

        12.4.3. Food and Beverage

        12.4.4. Water and Wastewater  Treatment

        12.4.5. Oil & Gas

        12.4.6. Paper & Food Processing

        12.4.7. Chemicals & Fertilizers

        12.4.8. Others  

    12.5. Instruments Market Size (US$ Mn & Thousand Units), by Country/Sub-region, 2017 - 2027

        12.5.1. China

        12.5.2. India

        12.5.3. Japan

        12.5.4. Rest of Asia Pacific

    12.6. Incremental Opportunity Analysis 

        12.6.1. By Type

        12.6.2. By Power (kW)

        12.6.3. By Industry 

        12.6.4. By Country

13. China High Efficiency Low Voltage Aluminum Motors Market Analysis and Forecast

    13.1. Country Snapshot

        13.1.1. By Type

        13.1.2. By Power (kW)

        13.1.3. By Industry 

    13.2. High Efficiency Low Voltage Aluminum Motors Market Size (US$ Mn & Thousand Units), by Type, 2017 - 2027

        13.2.1. Induction Motor

        13.2.2. Permanent Magnet Motor

        13.2.3. Synchronous Motor

        13.2.4. Others 

    13.3. High Efficiency Low Voltage Aluminum Motors Market Size (US$ Mn & Thousand Units), by Power (kW), 2017 - 2027

        13.3.1. 0 kW to 0.75 kW 

        13.3.2. 0.75kW to 7.5kW 

        13.3.3. 7.5kW to 15.5kW 

        13.3.4. 15.5kW to 29.5kW 

        13.3.5. Above 29.5kW 

    13.4. High Efficiency Low Voltage Aluminum Motors Market Size (US$ Mn & Thousand Units), by Industry, 2017 - 2027

        13.4.1. Marine

        13.4.2. Mining & Metals

        13.4.3. Food and Beverage

        13.4.4. Water and Wastewater Treatment

        13.4.5. Oil & Gas

        13.4.6. Paper & Food Processing

        13.4.7. Chemicals & Fertilizers

        13.4.8. Others  

    13.5. Incremental Opportunity Analysis 

        13.5.1. By Type

        13.5.2. By Power (kW)

        13.5.3. By Industry 

14. Middle East & Africa (MEA) High Efficiency Low Voltage Aluminum Motors Market Analysis and Forecast

    14.1. Regional Snapshot

        14.1.1. By Type

        14.1.2. By Power (kW)

        14.1.3. By Industry 

        14.1.4. By Country

    14.2. High Efficiency Low Voltage Aluminum Motors Market Size (US$ Mn & Thousand Units), by Type, 2017 - 2027

        14.2.1. Induction Motor

        14.2.2. Permanent Magnet Motor

        14.2.3. Synchronous Motor

        14.2.4. Others 

    14.3. High Efficiency Low Voltage Aluminum Motors Market Size (US$ Mn & Thousand Units), by Power (kW), 2017 - 2027

        14.3.1. 0 kW to 0.75 kW 

        14.3.2. 0.75kW to 7.5kW 

        14.3.3. 7.5kW to 15.5kW 

        14.3.4. 15.5kW to 29.5kW 

        14.3.5. Above 29.5kW 

    14.4. High Efficiency Low Voltage Aluminum Motors Market Size (US$ Mn & Thousand Units),by Industry, 2017 - 2027

        14.4.1. Marine

        14.4.2. Mining & Metals

        14.4.3. Food and Beverage

        14.4.4. Water and Wastewater  Treatment

        14.4.5. Oil & Gas

        14.4.6. Paper & Food Processing

        14.4.7. Chemicals & Fertilizers

        14.4.8. Others  

    14.5. High Efficiency Low Voltage Aluminum Motors Market Size (US$ Mn & Thousand Units), by Country/Sub-region, 2017 - 2027

        14.5.1. GCC

        14.5.2. South Africa

        14.5.3. Rest of MEA

    14.6. Incremental Opportunity Analysis 

        14.6.1. By Type

        14.6.2. By Power (kW)

        14.6.3. By Industry 

        14.6.4. By Country

15. South America High Efficiency Low Voltage Aluminum Motors Market Analysis and Forecast

    15.1. Regional Snapshot

        15.1.1. By Type

        15.1.2. By Power (kW)

        15.1.3. By Industry

        15.1.4. By Country

    15.2. High Efficiency Low Voltage Aluminum Motors Market Size (US$ Mn & Thousand Units), by Type, 2017 - 2027

        15.2.1. Induction Motor

        15.2.2. Permanent Magnet Motor

        15.2.3. Synchronous Motor

        15.2.4. Others 

    15.3. High Efficiency Low Voltage Aluminum Motors Market Size (US$ Mn & Thousand Units), by Power (kW), 2017 - 2027

        15.3.1. 0 kW to 0.75 kW 

        15.3.2. 0.75kW to 7.5kW 

        15.3.3. 7.5kW to 15.5kW 

        15.3.4. 15.5kW to 29.5kW 

        15.3.5. Above 29.5kW 

    15.4. High Efficiency Low Voltage Aluminum Motors Market Size (US$ Mn & Thousand Units), by Industry, 2017 - 2027

        15.4.1. Marine

        15.4.2. Mining & Metals

        15.4.3. Food and Beverage

        15.4.4. Water and Wastewater  Treatment

        15.4.5. Oil & Gas

        15.4.6. Paper & Food Processing

        15.4.7. Chemicals & Fertilizers

        15.4.8. Others  

    15.5. High Efficiency Low Voltage Aluminum Motors Market Size (US$ Mn & Thousand Units) Forecast,by Country/Sub-region, 2017 - 2027

        15.5.1. Brazil

        15.5.2. Rest of South America

    15.6. Incremental Opportunity Analysis 

        15.6.1. By Type

        15.6.2. By Power (kW)

        15.6.3. By Industry

        15.6.4. By Country

16. Competition Landscape

    16.1. Competition Landscape 

    16.2. Company Profiles [Company Overview, Manufacturing Base, Product Portfolio, Financial Information, (Subject to Data Availability), Business Strategies / Recent Developments]   

        16.2.1. ABB Ltd. 

            16.2.1.1. Company Overview

            16.2.1.2. Manufacturing Base

            16.2.1.3. Product Portfolio

            16.2.1.4. Financial Information

            16.2.1.5. Business Strategies/Recent Developments

        16.2.2. Toshiba Corporation 

            16.2.2.1. Company Overview

            16.2.2.2. Manufacturing Base

            16.2.2.3. Product Portfolio

            16.2.2.4. Financial Information

            16.2.2.5. Business Strategies/Recent Developments

        16.2.3. Siemens AG 

        16.2.4. Company Overview

            16.2.4.1. Manufacturing Base

            16.2.4.2. Product Portfolio

            16.2.4.3. Financial Information

            16.2.4.4. Business Strategies/Recent Developments

        16.2.5. Danfoss A/S 

            16.2.5.1. Company Overview

            16.2.5.2. Manufacturing Base

            16.2.5.3. Product Portfolio

            16.2.5.4. Financial Information

            16.2.5.5. Business Strategies/Recent Developments

        16.2.6. Hitachi, Ltd. 

            16.2.6.1. Company Overview

            16.2.6.2. Manufacturing Base

            16.2.6.3. Product Portfolio

            16.2.6.4. Financial Information

            16.2.6.5. Business Strategies/Recent Developments

        16.2.7. General Electric

            16.2.7.1. Company Overview

            16.2.7.2. Manufacturing Base

            16.2.7.3. Product Portfolio

            16.2.7.4. Financial Information

            16.2.7.5. Business Strategies/Recent Developments

        16.2.8. TECO Electric & Machinery Co., Ltd. 

            16.2.8.1. Company Overview

            16.2.8.2. Manufacturing Base

            16.2.8.3. Product Portfolio

            16.2.8.4. Financial Information

            16.2.8.5. Business Strategies/Recent Developments

        16.2.9. Nidec Motor Corporation 

            16.2.9.1. Company Overview

            16.2.9.2. Manufacturing Base

            16.2.9.3. Product Portfolio

            16.2.9.4. Financial Information

            16.2.9.5. Business Strategies/Recent Developments

        16.2.10. Regal Beloit Corporation 

            16.2.10.1. Company Overview

            16.2.10.2. Manufacturing Base

            16.2.10.3. Product Portfolio

            16.2.10.4. Financial Information

            16.2.10.5. Business Strategies/Recent Developments

        16.2.11. WEG   

            16.2.11.1. Company Overview

            16.2.11.2. Manufacturing Base

            16.2.11.3. Product Portfolio

            16.2.11.4. Financial Information

            16.2.11.5. Business Strategies/Recent Developments

17. Key Takeaways

List of Tables

Table 1: Global High Efficiency Low Voltage Aluminum Motors Market Volume Size & Forecast, by Type, ‘000 Units, 2017 - 2027

Table 2: Global High Efficiency Low Voltage Aluminum Motors Market Value Size & Forecast, by Type, US$ Mn, 2017 - 2027

Table 3: Global High Efficiency Low Voltage Aluminum Motors Market Volume Size & Forecast, by Power, ‘000 Units, 2017 - 2027

Table 4: Global High Efficiency Low Voltage Aluminum Motors Market Value Size & Forecast, by Power, US$ Mn, 2017 - 2027

Table 5: Global High Efficiency Low Voltage Aluminum Motors Market Volume Size & Forecast, by Industry, ‘000 Units, 2017 - 2027

Table 6: Global High Efficiency Low Voltage Aluminum Motors Market Value Size & Forecast, by Industry, US$ Mn, 2017 - 2027

Table 7: Global High Efficiency Low Voltage Aluminum Motors Market Volume Size & Forecast, by Region, ‘000 Units, 2017 - 2027

Table 8: Global High Efficiency Low Voltage Aluminum Motors Market Value Size & Forecast, by Region, US$ Mn,  2017 - 2027

Table 9: North America High Efficiency Low Voltage Aluminum Motors Market Volume Size & Forecast,  by Type, ‘000 Units, 2017 - 2027

Table 10: North America High Efficiency Low Voltage Aluminum Motors Market Value Size & Forecast, by Type,  US$ Mn, 2017 - 2027

Table 11: North America High Efficiency Low Voltage Aluminum Motors Market Volume Size & Forecast,  by Power, ‘000 Units, 2017 - 2027

Table 12: North America High Efficiency Low Voltage Aluminum Motors Market Value Size & Forecast,  by Power, US$ Mn, 2017 - 2027

Table 13: North America High Efficiency Low Voltage Aluminum Motors Market Volume Size & Forecast,  by Industry, ‘000 Units, 2017 - 2027

Table 14: North America High Efficiency Low Voltage Aluminum Motors Market Value Size & Forecast, by Industry, US$ Mn, 2017 - 2027

Table 15: North America High Efficiency Low Voltage Aluminum Motors Market Volume Size & Forecast,  by Country, ‘000 Units, 2017 - 2027

Table 16: North America High Efficiency Low Voltage Aluminum Motors Market Value Size & Forecast,  by Country, US$ Mn, 2017 - 2027

Table 17: Europe High Efficiency Low Voltage Aluminum Motors Market Volume Size & Forecast,  by Type, ‘000 Units, 2017 - 2027

Table 18: Europe High Efficiency Low Voltage Aluminum Motors Market Value Size & Forecast, by Type, US$ Mn, 2017 - 2027

Table 19: Europe High Efficiency Low Voltage Aluminum Motors Market Volume Size & Forecast, by Power, ‘000 Units, 2017 - 2027

Table 20: Europe High Efficiency Low Voltage Aluminum Motors Market Value Size & Forecast, by Power,  US$ Mn, 2017 - 2027

Table 21: Europe High Efficiency Low Voltage Aluminum Motors Market Volume Size & Forecast, by Industry,  ‘000 Units, 2017 - 2027

Table 22: Europe High Efficiency Low Voltage Aluminum Motors Market Value Size & Forecast, by Industry, US$ Mn, 2017 - 2027

Table 23: Europe High Efficiency Low Voltage Aluminum Motors Market Volume Size & Forecast, by Country,  ‘000 Units, 2017 - 2027

Table 24: Europe High Efficiency Low Voltage Aluminum Motors Market Value Size & Forecast, by Country,  US$ Mn, 2017 - 2027

Table 25: Asia Pacific High Efficiency Low Voltage Aluminum Motors Market Volume Size & Forecast,  by Type, ‘000 Units, 2017 - 2027

Table 26: Asia Pacific High Efficiency Low Voltage Aluminum Motors Market Value Size & Forecast,  by Type, US$ Mn, 2017 - 2027

Table 27: Asia Pacific High Efficiency Low Voltage Aluminum Motors Market Volume Size & Forecast,  by Power, ‘000 Units, 2017 - 2027

Table 28: Asia Pacific High Efficiency Low Voltage Aluminum Motors Market Value Size & Forecast, by Power, US$ Mn, 2017 - 2027

Table 29: Asia Pacific High Efficiency Low Voltage Aluminum Motors Market Volume Size & Forecast, by Industry, ‘000 Units, 2017 - 2027

Table 30: Asia Pacific High Efficiency Low Voltage Aluminum Motors Market Value Size & Forecast, by Industry, US$ Mn, 2017 - 2027

Table 31: Asia Pacific High Efficiency Low Voltage Aluminum Motors Market Volume Size & Forecast, by Country, ‘000 Units, 2017 - 2027

Table 32: Asia Pacific High Efficiency Low Voltage Aluminum Motors Market Value Size & Forecast,  by Country, US$ Mn, 2017 - 2027

Table 33: China High Efficiency Low Voltage Aluminum Motors Market Volume Size & Forecast,  by Type, ‘000 Units, 2017 - 2027

Table 34: China High Efficiency Low Voltage Aluminum Motors Market Value Size & Forecast, by Type, US$ Mn, 2017 - 2027

Table 35: China High Efficiency Low Voltage Aluminum Motors Market Volume Size & Forecast,  by Power, ‘000 Units, 2017 - 2027

Table 36: China High Efficiency Low Voltage Aluminum Motors Market Value Size & Forecast,  by Power, US$ Mn, 2017 - 2027

Table 37: China High Efficiency Low Voltage Aluminum Motors Market Volume Size & Forecast,  by Industry, ‘000 Units, 2017 - 2027

Table 38: China High Efficiency Low Voltage Aluminum Motors Market Value Size & Forecast,  by Industry, US$ Mn, 2017 - 2027

Table 39: MEA High Efficiency Low Voltage Aluminum Motors Market Volume Size & Forecast,  by Type, ‘000 Units, 2017 - 2027

Table 40: MEA High Efficiency Low Voltage Aluminum Motors Market Value Size & Forecast,  by Type, US$ Mn, 2017 - 2027

Table 41: MEA High Efficiency Low Voltage Aluminum Motors Market Volume Size & Forecast,  by Power, ‘000 Units, 2017 - 2027

Table 42: MEA High Efficiency Low Voltage Aluminum Motors Market Value Size & Forecast,  by Power, US$ Mn, 2017 - 2027

Table 43: MEA High Efficiency Low Voltage Aluminum Motors Market Volume Size & Forecast,  by Industry, ‘000 Units, 2017 - 2027

Table 44: MEA High Efficiency Low Voltage Aluminum Motors Market Value Size & Forecast,  by Industry, US$ Mn, 2017 - 2027

Table 45: MEA High Efficiency Low Voltage Aluminum Motors Market Volume Size & Forecast,  by Country, ‘000 Units, 2017 - 2027

Table 46: MEA High Efficiency Low Voltage Aluminum Motors Market Value Size & Forecast,  by Country, US$ Mn, 2017 - 2027

Table 47: South America High Efficiency Low Voltage Aluminum Motors Market Volume Size & Forecast,  by Type, ‘000 Units, 2017 - 2027

Table 48: South America High Efficiency Low Voltage Aluminum Motors Market Value Size & Forecast,  by Type, US$ Mn, 2017 - 2027

Table 49: South America High Efficiency Low Voltage Aluminum Motors Market Volume Size & Forecast,  by Power, ‘000 Units, 2017 - 2027

Table 50: South America High Efficiency Low Voltage Aluminum Motors Market Value Size & Forecast,  by Power, US$ Mn, 2017 - 2027

Table 51: South America High Efficiency Low Voltage Aluminum Motors Market Volume Size & Forecast,  by Industry, ‘000 Units, 2017 - 2027

Table 52: South America High Efficiency Low Voltage Aluminum Motors Market Value Size & Forecast,  by Industry, US$ Mn, 2017 - 2027

Table 53: South America High Efficiency Low Voltage Aluminum Motors Market Volume Size & Forecast,  by Country, ‘000 Units, 2017 - 2027

Table 54: South America High Efficiency Low Voltage Aluminum Motors Market Value Size & Forecast, by Country, US$ Mn, 2017 - 2027

List of Figures

Figure 1: Global High Efficiency Low Voltage Aluminum Motors Market Projections by Type, ‘000 Units,  2017 - 2027

Figure 2: Global High Efficiency Low Voltage Aluminum Motors Market Projections by Type, US$ Mn,  2017 - 2027

Figure 3: Global High Efficiency Low Voltage Aluminum Motors Market, Incremental Opportunity, by Type,  US$ Mn

Figure 4: Global High Efficiency Low Voltage Aluminum Motors Market Projections by Power, ‘000 Units,  2017 - 2027

Figure 5: Global High Efficiency Low Voltage Aluminum Motors Market Projections by Power, US$ Mn,  2017 - 2027

Figure 6: Global High Efficiency Low Voltage Aluminum Motors Market, Incremental Opportunity, by Power,  US$ Mn

Figure 7: Global High Efficiency Low Voltage Aluminum Motors Market Projections by Industry, ‘000 Units,  2017 - 2027

Figure 8: Global High Efficiency Low Voltage Aluminum Motors Market Projections by Industry, US$ Mn,  2017 - 2027

Figure 9: Global High Efficiency Low Voltage Aluminum Motors Market, Incremental Opportunity, by Industry,  US$ Mn

Figure 10: North America High Efficiency Low Voltage Aluminum Motors Market Projections by Type, ‘000 Units,  2017 - 2027

Figure 11: North America High Efficiency Low Voltage Aluminum Motors Market Projections by Type, US$ Mn,  2017 - 2027

Figure 12: North America High Efficiency Low Voltage Aluminum Motors Market, Incremental Opportunity,  by Type, US$ Mn

Figure 13: North America High Efficiency Low Voltage Aluminum Motors Market Projections by Power,  ‘000 Units, 2017 - 2027

Figure 14: North America High Efficiency Low Voltage Aluminum Motors Market Projections by Power, US$ Mn,  2017 - 2027

Figure 15: North America High Efficiency Low Voltage Aluminum Motors Market, Incremental Opportunity,  by Power, US$ Mn

Figure 16: North America High Efficiency Low Voltage Aluminum Motors Market Projections by Industry,  ‘000 Units, 2017 - 2027

Figure 17: North America High Efficiency Low Voltage Aluminum Motors Market Projections by Industry,  US$ Mn, 2017 - 2027

Figure 18: North America High Efficiency Low Voltage Aluminum Motors Market, Incremental Opportunity,  by Industry, US$ Mn

Figure 19: North America High Efficiency Low Voltage Aluminum Motors Market Projections by Country,  ‘000 Units, 2017 - 2027

Figure 20: North America High Efficiency Low Voltage Aluminum Motors Market Projections by Country,  US$ Mn, 2017 - 2027

Figure 21: North America High Efficiency Low Voltage Aluminum Motors Market, Incremental Opportunity,  by Country, US$ Mn

Figure 22: Europe High Efficiency Low Voltage Aluminum Motors Market Projections by Type, ‘000 Units,  2017 - 2027

Figure 23: Europe High Efficiency Low Voltage Aluminum Motors Market Projections by Type, US$ Mn,  2017 - 2027

Figure 24: Europe High Efficiency Low Voltage Aluminum Motors Market, Incremental Opportunity, by Type,  US$ Mn

Figure 25: Europe High Efficiency Low Voltage Aluminum Motors Market Projections by Power, ‘000 Units,  2017 - 2027

Figure 26: Europe High Efficiency Low Voltage Aluminum Motors Market Projections by Power, US$ Mn,  2017 - 2027

Figure 27: Europe High Efficiency Low Voltage Aluminum Motors Market, Incremental Opportunity, by  Power, US$ Mn

Figure 28: Europe High Efficiency Low Voltage Aluminum Motors Market Projections by Industry, ‘000 Units,  2017 - 2027

Figure 29: Europe High Efficiency Low Voltage Aluminum Motors Market Projections by Industry, US$ Mn,  2017 - 2027

Figure 30: Europe High Efficiency Low Voltage Aluminum Motors Market, Incremental Opportunity, by Industry,  US$ Mn

Figure 31: Europe High Efficiency Low Voltage Aluminum Motors Market Projections by Country, ‘000 Units,  2017 - 2027

Figure 32: Europe High Efficiency Low Voltage Aluminum Motors Market Projections by Country, US$ Mn,  2017 - 2027

Figure 33: Europe High Efficiency Low Voltage Aluminum Motors Market, Incremental Opportunity, by Country,  US$ Mn

Figure 34: Asia Pacific High Efficiency Low Voltage Aluminum Motors Market Projections by Type, ‘000 Units,  2017 - 2027

Figure 35: Asia Pacific High Efficiency Low Voltage Aluminum Motors Market Projections by Type, US$ Mn,  2017 - 2027

Figure 36: Asia Pacific High Efficiency Low Voltage Aluminum Motors Market, Incremental Opportunity,  by Type, US$ Mn

Figure 37: Asia Pacific High Efficiency Low Voltage Aluminum Motors Market Projections by Power, ‘000 Units,  2017 - 2027

Figure 38: Asia Pacific High Efficiency Low Voltage Aluminum Motors Market Projections by Power, US$ Mn,  2017 - 2027

Figure 39: Asia Pacific High Efficiency Low Voltage Aluminum Motors Market, Incremental Opportunity,  by Power, US$ Mn

Figure 40: Asia Pacific High Efficiency Low Voltage Aluminum Motors Market Projections by Industry,  ‘000 Units, 2017 - 2027

Figure 41: Asia Pacific High Efficiency Low Voltage Aluminum Motors Market Projections by Industry, US$ Mn,  2017 - 2027

Figure 42: Asia Pacific High Efficiency Low Voltage Aluminum Motors Market, Incremental Opportunity,  by Industry, US$ Mn

Figure 43: Asia Pacific High Efficiency Low Voltage Aluminum Motors Market Projections by Country,  ‘000 Units, 2017 - 2027

Figure 44: Asia Pacific High Efficiency Low Voltage Aluminum Motors Market Projections by Country,  US$ Mn, 2017 - 2027

Figure 45: Asia Pacific High Efficiency Low Voltage Aluminum Motors Market, Incremental Opportunity,  by Country, US$ Mn

Figure 46: China High Efficiency Low Voltage Aluminum Motors Market Projections by Type, ‘000 Units,  2017 - 2027

Figure 47: China High Efficiency Low Voltage Aluminum Motors Market Projections by Type, US$ Mn,  2017 - 2027

Figure 48: China High Efficiency Low Voltage Aluminum Motors Market, Incremental Opportunity, by Type,  US$ Mn

Figure 49: China High Efficiency Low Voltage Aluminum Motors Market Projections by Power, ‘000 Units,  2017 - 2027

Figure 50: China High Efficiency Low Voltage Aluminum Motors Market Projections by Power, US$ Mn,  2017 - 2027

Figure 51: China High Efficiency Low Voltage Aluminum Motors Market, Incremental Opportunity, by Power,  US$ Mn

Figure 52: China High Efficiency Low Voltage Aluminum Motors Market Projections by Industry, ‘000 Units,  2017 - 2027

Figure 53: China High Efficiency Low Voltage Aluminum Motors Market Projections by Industry, US$ Mn,  2017 - 2027

Figure 54: China High Efficiency Low Voltage Aluminum Motors Market, Incremental Opportunity, by Industry,  US$ Mn

Figure 55: MEA High Efficiency Low Voltage Aluminum Motors Market Projections by Type, ‘000 Units,  2017 - 2027

Figure 56: MEA High Efficiency Low Voltage Aluminum Motors Market Projections by Type, US$ Mn,  2017 - 2027

Figure 57: MEA High Efficiency Low Voltage Aluminum Motors Market, Incremental Opportunity, by Type,  US$ Mn

Figure 58: MEA High Efficiency Low Voltage Aluminum Motors Market Projections by Power, ‘000 Units,  2017 - 2027

Figure 59: MEA High Efficiency Low Voltage Aluminum Motors Market Projections by Power, US$ Mn,  2017 - 2027

Figure 60: MEA High Efficiency Low Voltage Aluminum Motors Market, Incremental Opportunity, by Power,  US$ Mn

Figure 61: MEA High Efficiency Low Voltage Aluminum Motors Market Projections by Industry, ‘000 Units,  2017 - 2027

Figure 62: MEA High Efficiency Low Voltage Aluminum Motors Market Projections by Industry, US$ Mn,  2017 - 2027

Figure 63: MEA High Efficiency Low Voltage Aluminum Motors Market, Incremental Opportunity, by Industry,  US$ Mn

Figure 64: MEA High Efficiency Low Voltage Aluminum Motors Market Projections by Country, ‘000 Units,  2017 - 2027

Figure 65: MEA High Efficiency Low Voltage Aluminum Motors Market Projections by Country, US$ Mn,  2017 - 2027

Figure 66: MEA High Efficiency Low Voltage Aluminum Motors Market, Incremental Opportunity, by Country,  US$ Mn

Figure 67: South America High Efficiency Low Voltage Aluminum Motors Market Projections by Type,  ‘000 Units, 2017 - 2027

Figure 68: South America High Efficiency Low Voltage Aluminum Motors Market Projections by Type,  US$ Mn, 2017 - 2027

Figure 69: South America High Efficiency Low Voltage Aluminum Motors Market, Incremental Opportunity,  by Type, US$ Mn

Figure 70: South America High Efficiency Low Voltage Aluminum Motors Market Projections by Power,  ‘000 Units, 2017 - 2027

Figure 71: South America High Efficiency Low Voltage Aluminum Motors Market Projections by Power,  US$ Mn, 2017 - 2027

Figure 72: South America High Efficiency Low Voltage Aluminum Motors Market, Incremental Opportunity,  by Power, US$ Mn

Figure 73: South America High Efficiency Low Voltage Aluminum Motors Market Projections by Industry,  ‘000 Units, 2017 - 2027

Figure 74: South America High Efficiency Low Voltage Aluminum Motors Market Projections by Industry,  US$ Mn, 2017 - 2027

Figure 75: South America High Efficiency Low Voltage Aluminum Motors Market, Incremental Opportunity,  by Industry, US$ Mn

Figure 76: South America High Efficiency Low Voltage Aluminum Motors Market Projections by Country,  ‘000 Units, 2017 - 2027

Figure 77: South America High Efficiency Low Voltage Aluminum Motors Market Projections by Country,  US$ Mn, 2017 - 2027

Figure 78: South America High Efficiency Low Voltage Aluminum Motors Market, Incremental Opportunity,  by Country, US$ Mn

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