New ARC Advisory Group research on the integral horsepower (IHP) low voltage (LV) motors reveals growing demand for the latest Industrial IoT-connected motors to support remote condition monitoring and help optimize the performance on these major industrial assets. Another key driver for market growth is the widespread need for more energy-efficient IHP LV motors. Most major global suppliers now offer both IE4 (Super-premium Efficiency) and even IE5 (Ultra-premium Efficiency) motors, albeit typically at a premium price.
“With motors being a major asset and major consumers of electrical energy in many industries, Industrial IoT plays an important role in condition monitoring and optimizing performance of the motors. Most major global suppliers now offer motors that are mounted with IoT sensors and associated remote monitoring services. Going forward, this trend will increase as market awareness of the benefits of Industrial IoT and data analytical services increase,” according to Naresh K. Surepelly, Senior Analyst at ARC Advisory Group and key author of ARC’s Integral Horsepower Low Voltage Motors Global Market Research report.
Leading Suppliers to the Integral Horsepower Low Voltage Motors Market Identified
In addition to providing specific market data and industry trends, this ARC market research also identifies and positions the leading suppliers to this market and provides and summarizes their relevant offering. In alphabetical order, these include: ABB, SEW-EURODRIVE, and Siemens.
About the Integral Horsepower Low Voltage Motors Research
This ARC research explores current and historical market performance and related technology and business trends, identifies leading technology suppliers, and provides five-year global forecasts for the IHP LV Motor market. This new research is based on ARC’s industry-leading market research database, extensive primary and secondary research, and proprietary economic modelling techniques. The research includes competitive analysis, plus five-year market forecasts for motors operating at voltages of 690 or less by power ranges 0.75- 5 kW, >5-40 kW, >40-200 kW, >200-600 kW, and >600 kW, efficiency class, industry, machinery segmentations, revenue category, sales channels, and customer type.
This new research is available in a variety of formats to meet the specific research and budgetary requirements of a wide variety of organizations. These include a:
- Market Intelligence Workbook (Excel) – personalized spreadsheet includes up to three years of historical data in addition to the current base year market data and five-year market forecast. This workbook enables licensed users to freely manipulate the data to make it easier to analyze the latest data for business intelligence and generate custom reports.
- Concise Market Analysis Report (PDF) – provides an executive-level summary of the current market dynamics, market forecasts, and competitive analysis, plus an overview of strategic issues. The PDF is available with or without detailed charts.
For more information on this and other available ARC market research, please visit our Market Data & Studies section.