New ARC Advisory Group research on the integral horsepower low voltage motors market reveals that there is a growing demand among end users/customers across industries for energy-efficient integral horsepower low voltage motors, and suppliers face the challenge of producing low voltage motors that meet the requirements of the end user and are cost-efficient as well.
“With motors being a major asset in many industries, IIoT can play an important role in maintenance-related activities. For motors to leverage the benefits of predictive maintenance that IIoT technologies can deliver, they need to be fitted with sensory technology. This would help both suppliers and end users achieve their goals of cost-effective, energy-efficient motors,” according to Naresh Surepelly, Senior Analyst at ARC Advisory Group and key author of ARC’s Integral Horsepower Low Voltage Motors Global Market Research report.
The low voltage motor market is highly regulated by regional legislation focusing on energy efficiency, which in turn influences purchasing decisions. Legislation is driving the market toward higher efficiency motors and penetrates motor-driven systems in all industrial sectors. Sales of high-efficiency motors are closely associated with the rate at which industrial motor consumers upgrade existing, less energy-efficient, motor-driven machinery.
About the Low Voltage Motors Research
This ARC research explores current market performance and related technology and business trends, identifies leading technology suppliers, and provides five-year global forecasts for the integral horsepower low voltage motors market. This new research is based on ARC’s industry-leading market research database, extensive primary and secondary research, and proprietary economic modeling techniques. The research includes competitive analysis, plus five-year market forecasts by industry, power ratings, regions, and efficiency class.
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:
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Market Intelligence Workbook (Excel) - personalized spreadsheet includes 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.
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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.