Low Voltage Electric Motor Market

Low Voltage Electric Motor Market Overview

Low Voltage Electric Motor Market size was valued at USD 17.4 billion in 2025 and is forecast to touch USD 23.1 billion in 2033, and the market is expected to grow at a CAGR of 3.6% from 2026-2033 driven by increasing demand from HVAC, waste water treatment, and various industries, rising industrial automation and smart manufacturing, growing focus on energy efficiency regulations.

Market Size & Forecast:

• • 2025 – USD 17.4 Billion
  • 2033 – USD 23.1 Billion
  • Market Forecast – CAGR of 3.6% from 2026-2033

Key Segment Insights:

• • Efficiency Type Insights: Premium efficiency motors are anticipated to register the highest growth rate over the forecast period.
  • End-Use Industry Type Insights: The Oil & Gas sector emerged as the leading end-use industry, accounting for 17% of the market share in 2025.
  • Power Rating Type Insights: Motors with power ratings ranging from 1 HP to 25 HP generated the largest share of market revenues.
  • Regional Type Insights: Asia Pacific led the global low voltage electric motor market, capturing a 43% share in 2025.

Low Voltage Motor Market Trends

Rising electricity consumption and stricter IE3 efficiency regulations in Europe and China, along with increasing adoption of smart, connected motors featuring predictive maintenance capabilities, are driving growth in the low voltage electric motor market.

Low Voltage Electric Motor Market Growth Drivers

Increasing Demand from HVAC, Waste Water Treatment, and Various Industries

Rapid urbanization and ongoing infrastructure development are fueling growth in the global construction sector and increasing demand for HVAC system installations. According to the United Nations, 55% of the world’s population currently lives in urban areas, a figure projected to rise to 68% by 2050. The addition of nearly 2.5 billion people to urban centers due to population growth and rural-to-urban migration is accelerating demand for housing, thereby driving the adoption of HVAC systems across residential, commercial, and industrial buildings, this is continue to drive demand for HVAC electric motor market. Rapid urbanization, growing industrialization, and increasing electricity consumption globally are some of the factors driving the growth of the global low voltage electric motor market.

Growing urbanization and population expansion are increasing the demand for wastewater treatment facilities and efficient water management systems. At the same time, rising water scarcity concerns and stricter environmental regulations are compelling industries to adopt advanced wastewater treatment solutions and comply with higher effluent discharge standards to protect freshwater resources driving demand for low voltage electric motor demand globally.

Additionally, rising use of electricity based equipment and machineries in several industries including food & beverages, mining, automotive, electronics, textile, real estate, oil & gas, automotive, and packaging is further accelerating the demand of low voltage electric motors. Moreover, low voltage electric motor is increasingly used for applications including lifts, fans, compressors, pumps, and chillers, and others due to its improved productivity and quality, high reliability and efficiency, high safety standards, and low energy consumption. Furthermore, rising deployment of smart sensors for conditional monitoring and preventative maintenance to low voltage electric motor is expected to provide high growth opportunities to the low voltage electric motor market size over the forecast period.

Commercial HVAC segment is projected to drive low voltage motor demand owing to the increasing installation of heating, ventilation, and air conditioning (HVAC) systems in corporate office spaces, hospitals, and shopping malls for thermal comfort and better indoor air quality. High demand of low voltage electric motors in HVAC system for numerous applications that include ventilators, direct drive and belted fans, high pressure blowers, exhaust fans, unit heaters, air conditioning units, and smoke ventilation fans is further stimulating the market growth.

Rising Industrial Automation and Smart Manufacturing

Intelligent factories are is no longer a thing of future it has become essential for manufacturer for competitive advantage. Manufacturers are increasingly adopting intelligent factory solutions, robotics, automation, and autonomous material-handling systems to remain competitive, improve productivity, and enhance operational efficiency amid workforce challenges and rising energy and material costs. The rising automation across industries is driving demand for industrial automation motor market as these motors plays an integral role in manufacturing processes across various industries.

Growing Focus on Energy Efficiency Regulations

As per IEA, since 2019, nearly two-thirds of global final energy demand growth has originated from the industrial sector, while energy demand for space cooling in buildings has increased by over 4% annually since 2000. Furthermore, global investment in energy efficiency is projected to reach nearly USD 800 billion in 2025, reflecting a 6% increase from the previous year and more than 70% growth compared to 2015. As per ABB, Electric motors account for more than 45% of global electricity consumption, making efficiency improvements critical for reducing overall energy demand and advancing sustainability goals. High-efficiency motor systems also have the potential to reduce global electricity consumption by up to 10%.

Challenges Faced by Low Voltage Electric Motor Market Companies

However, high cost investment and the fluctuation in the prices of raw materials including permanent magnets, copper wires, steel bars, and alloys used in the manufacturing of electric motor is expected to hamper the market growth. In addition, highly fragmented market of low voltage electric motor, low quality products availability in the local market in the unorganized sector may further restraint the growth of the low voltage electric motor market.

Low Voltage Electric Motor Market Segment Analysis

Efficiency Type Market Insights: Premium efficiency motors are projected to grow at the highest rate during the forecast period.

Energy efficient low voltage motors are projected to drive the market, majorly superior premium efficiency segment is expected to grow substantially during the forecast period primarily due to its high quality, reliability, performance, energy efficiency owing to low CO2 emissions and energy savings in applications where the motor is fully-loaded and operates constantly. Moreover, several leading companies including WEG S.A., ABB Ltd., TECO Electric & Machinery Co., Ltd., and Siemens AG offer superior premium low voltage electric motor. This is expected to support the market growth.

End-Use Industry Market Insights: Oil & Gas end-use industry hold the largest market share of 17% in 2025

Oil & Gas end-use industry hold the largest market share of 17% in 2025 owing to as the oil and gas industry extensively utilizes electric motors in refinery and production operations, primarily for pumps, as well as compressors and fans. As per Ipieca, these motors account for over 80% of electricity consumption at refineries and onshore oil and gas facilities.

Metal & mining industry is also a major user of low voltage electric motors and in the mining industry, low voltage electric motors are widely used across applications such as conveyors, slurry and dewatering pumps, screens, ventilation fans, drill rigs, crushers, and mills. The growing demand for metal & minerals is projected to have a large positive impact on motor sales.

Chemicals/ Petrochemicals, Water and Wastewater, Food & Beverage, Electric Power Generation are the major users of low voltage motors globally.

Power Rating Type Market Insights: 1 HP to 25 HP power rating motors are projected to captured the largest revenue share.

Motors with power ratings ranging from 1.0 kW to 18.6 kW are expected to account for the largest revenue share, while also registering the fastest growth during the forecast period. This growth is primarily driven by the increasing adoption of higher-priced IE3 and IE4 motors within this power range, replacing conventional IE2 motors. The Low-voltage electric motors below 25 kW are widely adopted due to their cost-effectiveness, safety, efficiency, and versatility across industrial, commercial, and residential applications.

Regional Market Insights: APAC is the largest market for low voltage electric motors with a market share of 43% in 2025

Asia-Pacific hold the largest market share of 43% in 2025 and is also expected to grow at a substantial rate during the forecast period. This is primarily due the developing industrial and infrastructural construction activities, growing number of industries including manufacturing, electronics, and automotive and increasing manufacturing of electric motors in the region. Moreover, the presence of leading manufacturers of low voltage electric motors including TECO Electric & Machinery Co., Ltd., Nidec Motor Corporation, Shandong Huali Electric Motor Group Co., Ltd., Hyundai Electric & Energy Systems Co., Ltd., and Toshiba Corporation is further augmenting the growth of the market in the region.

Low Voltage Motor Manufacturers & Competitive Landscape

Major low voltage motor manufacturers globally are ABB Ltd., Innomotics, WEG S.A., Toshiba Corporation, Regal Beloit, NIDEC Corporation, Mitsubishi Heavy Industries, Rockwell Automation, GE, Schneider Electric, Shandong Huali Electric Motor Group Co., Ltd, Hyundai Electric & Energy Systems Co., Ltd, and many more.

Key Low Voltage Electric Motor Market Developments

• • In Sep 2024, ABB introduced a new energy-efficient propulsion package for electric buses, combining the AMXE250 motor with the HES580 inverter to improve performance, reliability, and sustainability. The HES580 is the industry’s first 3-level inverter for electric buses, reducing motor harmonic losses by up to 75% and motor losses by up to 12% compared to conventional 2-level inverters.
  • In May 2023, ABB completed the acquisition of Siemens’ low voltage NEMA motor business, strengthening its position in the industrial motor market. The acquired business, which generated around $63 million in 2021 and employs 600 people, will support ABB’s growth strategy. The motor portfolio will be rebranded under ABB and relaunched in 2023.

Low Voltage Electric Motor Market Scope of the Report

Low Voltage Electric Motor Market Research Report Segmentation

The Global Low Voltage Electric Motor Market has been segmented on the basis of Efficiency, End-Use, Power Ratings and Regions.  Based on the Efficiency, the market is segmented into Standard, High, Premium, Super Premium. Based on the End-Use, the market is segmented into Oil & Gas, Chemicals/Petrochemicals, Electric Power Generation, Metals & Mining, Water and Wastewater, Food & Beverage, Others. Based on the Power Ratings, the market is segmented into 1 HP to 25 HP, 25 HP to 50 HP, 50 HP to 100 HP, above 100 HP.

Global Low Voltage Electric Motor Market by Efficiency

• • Standard
  • High
  • Premium
  • Super Premium

Global Low Voltage Electric Motor Market by End-Use

• • Oil & Gas
  • Chemicals/ Petrochemicals
  • Electric Power Generation
  • Metals & Mining
  • Water and Wastewater
  • Food & Beverage
  • Others

Global Low Voltage Electric Motor Market by Power Ratings

• • 1 HP to 25 HP
  • 25 HP to 50 HP
  • 50 HP to 100 HP
  • Above 100 HP

Global Low Voltage Electric Motor Market by Region

• • North America Low Voltage Electric Motor Market

    • US Market
    • Canada Market

  • Europe Low Voltage Electric Motor Market

    • UK Market
    • Germany Market
    • France Market
    • Spain Market
    • Rest of Europe Market

  • Asia-Pacific Low Voltage Electric Motor Market

    • China Market
    • India Market
    • Japan Market
    • Rest of APAC Market

  • RoW Low Voltage Electric Motor Market

    • Brazil Market
    • South Africa Market
    • Saudi Arabia Market
    • UAE Market
    • Rest of world (remaining countries of the LAMEA region) Market

Low Voltage Electric Motor Market  Leading players

• • ABB Ltd.

  • Innomotics

  • WEG S.A.

  • Toshiba Corporation

  • Regal Beloit

  • NIDEC Corporation

  • Mitsubishi Heavy Industries

  • Rockwell Automation

  • GE

  • Schneider Electric

  • Shandong Huali Electric Motor Group Co., Ltd.

  • Hyundai Electric & Energy Systems Co., Ltd.