Low Voltage Motors Market to Achieve 6.8% CAGR, Valued at US$ 79.55 Billion by 2033

The low voltage motors market is projected to experience a robust compound annual growth rate (CAGR) of 6.8% from 2023 to 2033. Currently, the global market for low voltage motors is valued at US$ 41.20 billion, and it is anticipated to reach a valuation of US$ 79.55 billion by 2033. The global low voltage motors market is witnessing a robust […]

Sales of Low Voltage Motors Market To Surge In Coming Years Owing To Growing Adoption Across -Use Industries

In 2018, demand for low voltage motors surpassed US$ 25 Bn, growing at a Y-o-Y growth rate of 8.8% in 2019. After emerging from the recessionary downturn induced by COVID-19, sales are expected to be valued at US$ 36.6 Bn by the end of 2021. Long-term growth prospects appear highly optimistic, with an anticipated revenue share of US$ 70.6 Bn as of 2031. Overall, the industry is […]

Low Voltage Motors Market Value Share, Supply Demand, share and Value Chain 2021-2031

A recent Fact.MR report on low voltage motors market offers an elaborate and thorough analysis of the market performance for the assessment period between 2017 and 2022, and provides valuable information on future direction of low voltage motors market. Qualitative as well as quantitative analysis of macroeconomic and industry specific factors of low voltage motors market are mentioned in the […]