Market Forecast By Type (AC (Upto 60V, 60.1V - 200V and 200.1V - 1000V), DC (Upto 60V, 60.1V - 200V and 200.1V - 1000V)), By Products (Fans, Compressors, Pumps, Conveyors and Others including Centrifuges, Extruders and Winches), By Applications (Residential, Commercial, Industrial, Automotive, Power Utility and Water Treatment and Others including Defense, Agriculture, Transportation and Infrastructure) and Competitive Landscape
Product Code: ETC000665 | Publication Date: Feb 2025 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
China Low Voltage Electric Motor market currently, in 2023, has witnessed an HHI of 2464, Which has increased slightly as compared to the HHI of 2144 in 2017. The market is moving towards moderately competitive. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
Report Name | China Low Voltage Electric Motor Market |
Forecast period | 2025-2031 |
CAGR | 5.6% |
Growing Sector | Industrial Automation |
The China Low Voltage Electric Motor Market report thoroughly covers the market by type, application, and products. The report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high-growth areas, and market drivers to help stakeholders align their strategies with current and future market dynamics.
China's low voltage electric motor market is experiencing significant growth due to the country's focus on modernizing its industrial sector and reducing energy consumption. The demand for energy-efficient motors is rising, particularly in industries such as manufacturing, automotive, and construction. Government policies promoting energy efficiency and the development of smart technologies are also playing a crucial role in driving the market forward.
According to 6Wresearch, The China Low Voltage Electric Motor Market is projected to growing at a CAGR of 5.6% during the forecast period 2025-2031. The primary driver of the China Low Voltage Electric Motor Market is the country's rapid industrialization and urbanization. As China continues to develop its infrastructure and expand its manufacturing capabilities, the need for efficient and reliable electric motors has become paramount. Industries are increasingly adopting low voltage electric motors to enhance productivity and reduce operational costs. Another significant driver is the government's commitment to energy efficiency and environmental sustainability.
Policies such as the "Made in China 2025" initiative emphasize the importance of advanced manufacturing and the adoption of energy-efficient technologies. This has led to increased investments in the development and deployment of low voltage electric motors across various sectors. The automotive industry's shift towards electric vehicles (EVs) is also contributing to market growth. As the demand for EVs rises, so does the need for efficient electric motors. China's position as a leading producer and consumer of electric vehicles amplifies this effect, driving further demand for low voltage electric motors. This trend is reflected in the China Low Voltage Electric Motor Market Growth.
However, the market faces challenges such as the high initial costs associated with energy-efficient motors. Small and medium-sized enterprises may find it difficult to invest in these technologies due to budget constraints. Additionally, the market is highly competitive, with numerous domestic and international players vying for market share, which can lead to price wars and reduced profit margins. Another challenge is the need for continuous innovation. As technology evolves, companies must invest in research and development to keep up with advancements and meet the changing demands of various industries. This requires substantial financial resources and can be a barrier for smaller companies.
One notable trend in the China Low Voltage Electric Motor Market is the increasing integration of smart technologies. Manufacturers are developing motors equipped with sensors and IoT capabilities, allowing for real-time monitoring and predictive maintenance. This enhances operational efficiency and reduces downtime, making these smart motors highly attractive to industries focused on automation and efficiency. Another trend is the growing emphasis on sustainability. Companies are seeking motors that not only offer high performance but also contribute to energy savings and reduced carbon footprints. This has led to the development of motors that comply with stringent energy efficiency standards, catering to the environmentally conscious market segment.
The ongoing industrial automation in China presents significant investment opportunities in the low voltage electric motor market. As factories and production facilities upgrade to automated systems, the demand for advanced electric motors is expected to rise. Investors can explore opportunities in developing and supplying motors tailored for automated applications. The renewable energy sector also offers promising prospects. With China's commitment to increasing its renewable energy capacity, there is a growing need for electric motors in wind turbines and solar power systems. Investing in motors designed for renewable energy applications can yield substantial returns as the country continues to expand its green energy initiatives.
Prominent players in the China Low Voltage Electric Motor Market include ABB Ltd., Siemens AG, Nidec Corporation, and Wolong Electric Group. These companies have established a strong presence through extensive product portfolios and continuous innovation. They focus on developing energy-efficient and technologically advanced motors to meet the diverse needs of various industries.
The Chinese government has implemented several regulations to promote energy efficiency and environmental sustainability in the electric motor industry. Standards such as the "GB18613-2020" outline the energy efficiency grades and limit values for small and medium-sized three-phase asynchronous motors. Compliance with these standards is mandatory, pushing manufacturers to develop high-efficiency motors.
Additionally, initiatives like the "Made in China 2025" plan encourage the adoption of advanced manufacturing technologies, including the use of efficient electric motors. The government also offers incentives and subsidies for companies that invest in energy-saving equipment, further driving the market for low voltage electric motors. However, these regulations also pose challenges for manufacturers. Meeting stringent efficiency standards requires significant investment in research and development. Companies must continuously innovate to comply with evolving regulations, which can strain resources, especially for smaller players in the market.
The China Low Voltage Electric Motor industry is poised for continued growth. The push towards industrial automation is expected to drive demand for advanced motors that offer precise control and high efficiency. As industries adopt smart manufacturing practices, the integration of IoT and AI technologies into electric motors will become more prevalent, enabling predictive maintenance and enhanced performance monitoring. The transition to electric vehicles will further boost the market, with manufacturers developing specialized motors to meet the specific requirements of EVs. Additionally, as China continues its push towards green energy, low voltage electric motors will play a crucial role in renewable energy applications such as wind and solar power systems. The expansion of these sectors will create new growth avenues for motor manufacturers, especially those focusing on high-efficiency and durable motor solutions.
The report offers a comprehensive study of the following market segments and their leading categories:
According to Ashutosh, Senior Research Analyst, 6Wresearch, The AC motor segment is expected to dominate the China Low Voltage Electric Motor Market, with a projected market size of USD 4.2 billion by 2031. AC motors are widely used in industrial automation, HVAC systems, and power utilities due to their efficiency and durability. The growing demand for energy-efficient solutions in industrial applications further supports the dominance of this segment.
Fans are anticipated to hold a significant share in the market, reaching USD 1.8 billion by 2031. The extensive use of electric fans in residential, commercial, and industrial settings is fueling this growth. Increasing urbanization and the need for ventilation solutions in smart buildings contribute to the rising demand for low voltage electric motors in this segment.
The industrial sector is projected to lead the market, with an estimated market size of USD 2.9 billion by 2031. Manufacturing facilities, automation systems, and heavy machinery require reliable and high-performance electric motors to ensure efficient operations. The adoption of smart manufacturing and Industry 4.0 technologies is further accelerating demand in this sector.
The report offers a comprehensive analysis of the following market segments
1. Executive Summary |
2. Introduction |
2.1 Report Description |
2.2 Key Highlights of The Report |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3. China Low Voltage Electric Motor Market Overview |
3.1 China Country Indicators |
3.2 China Low Voltage Electric Motor Market Revenues 2021-2031F |
3.3 China Low Voltage Electric Motor Market Revenue Share, By Types, 2021 & 2031F |
3.4 China Low Voltage Electric Motor Market Revenue Share, By Voltage, 2021 & 2031F |
3.5 China Low Voltage Electric Motor Market Revenue Share, By Products, 2021 & 2031F |
3.6 China Low Voltage Electric Motor Market Revenue Share, By Applications, 2021 & 2031F |
3.7 China Low Voltage Electric Motor Market - Industry Life Cycle |
3.8 China Low Voltage Electric Motor Market - Porter's Five Forces |
4. China Low Voltage Electric Motor Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5. China Low Voltage Electric Motor Market Trends |
6. China Low Voltage Electric Motor Market Overview, By Types |
6.1 China AC Low Voltage Electric Motor Market Overview, 2021-2031F |
6.1.1 China AC Low Voltage Electric Motor Market Revenues, 2021-2031F |
6.1.2 China AC Low Voltage Electric Motor Market Revenue Share, By Voltage, 2021 & 2031F |
6.1.3 China AC Low Voltage Electric Motor Market Revenues, By Voltage, 2021-2031F |
6.2 China DC Low Voltage Electric Motor Market Overview, 2021-2031F |
6.2.1 China DC Low Voltage Electric Motor Market Revenues, 2021-2031F |
6.2.2 China DC Low Voltage Electric Motor Market Revenue Share, By Voltage, 2021 & 2031F |
6.2.3 China DC Low Voltage Electric Motor Market Revenues, By Voltage, 2021-2031F |
7 China Low Voltage Electric Motor Market Overview, By Voltage |
7.1 China Upto 60 V Electric Motor Market Revenues, 2021-2031F |
7.2 China 60.1 V-200 V Electric Motor Market Revenues, 2021-2031F |
7.3 China 200.1V-1000 V Electric Motor Market Revenues, 2021-2031F |
8 China Low Voltage Electric Motor Market Overview, By Products |
8.1 China Fans Electric Motor Market Revenues, 2021-2031F |
8.2 China Compressor Electric Motor Market Revenues, 2021-2031F |
8.3 China Pumps Electric Motor Market Revenues, 2021-2031F |
8.4 China Conveyors Electric Motor Market Revenues, 2021-2031F |
8.5 China Other Electric Motor Market Revenues, 2021-2031F |
9 China Low Voltage Electric Motor Market Overview, By Applications |
9.1 China Low Voltage Electric Motor Market Revenues, By Residential Application, 2021-2031F |
9.2 China Low Voltage Electric Motor Market Revenues, By Commercial Application, 2021-2031F |
9.3 China Low Voltage Electric Motor Market Revenues, By Industrial Application, 2021-2031F |
9.4 China Low Voltage Electric Motor Market Revenues, By Automotive Application, 2021-2031F |
9.5 China Low Voltage Electric Motor Market Revenues, By Power Utility & Water Treatment Application, 2021-2031F |
9.6 China Low Voltage Electric Motor Market Revenues, By Other Applications, 2021-2031F |
10 China Low Voltage Electric Motor Market Key Performance Indicators |
10.1 China Government Spending Outlook |
10.2 China Construction Industry Outlook |
10.3 China Automotive Industry Outlook |
10.4 China Power Utilities Outlook |
11 China Low Voltage Electric Motor Market Opportunity Assessment |
11.1 China Low Voltage Electric Motor Market Opportunity Assessment, By Applications, 2031F |
12 China Low Voltage Electric Motor Market Competitive Landscape |
12.1 China Low Voltage Electric Motor Market Competitive Benchmarking, By Types |
12.2 China Low Voltage Electric Motor Market Revenue Share, By Company, 2024 |
13 Company Profiles |
13.1 Siemens AG |
13.2 ABB ltd |
13.3 TECO Electric & Machinery Co., Ltd. |
13.4 WEG S.A. |
13.5 Regal Beloit Corporation |
13.6 Fuji Electric Co. Ltd. |
13.7 Mitsubishi Electric Corporation |
13.8 Toshiba Corporation |
13.9 Wolong Electric Group |
13.9 Nidec Corporation |
14 Key Strategic Recommendations |
15 Disclaimer |
Market Forecast By Type (AC (Upto 60V, 60.1V - 200V and 200.1V - 1000V), DC (Upto 60V, 60.1V - 200V and 200.1V - 1000V)), By Products (Fans, Compressors, Pumps, Conveyors and Others including Centrifuges, Extruders and Winches), By Applications (Residential, Commercial, Industrial, Automotive, Power Utility and Water Treatment and Others including Defense, Agriculture, Transportation and Infrastructure) and Competitive Landscape
Product Code: ETC000665 | Publication Date: Jul 2019 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 90 | No. of Figures: 22 | No. of Tables: 5 |
China Low Voltage Electric Motor Market has seen the latest developments which include the introduction of low voltage motors that help to improve reliability, energy efficiency and productivity of processes, modules that integrate AF contactors into automation and smart factory systems, enabling real-time optimization and predictive maintenance, and automatic diagnosis of electric motors using AI. The Government has instantiated various programs to make low-voltage electric motors a critical component across industrial, commercial and other applications such as mining, agriculture, and defense, resulting in an overall reduction in the carbon footprint.
China low voltage electric motor market growth is primarily due to the need for innovation in the manufacturing processes and overall high-quality development in the industrial application. Advantages of low voltage electric motors such as automation and speeding up manufacturing processes make them a critical component across industrial, commercial, and other applications such as mining, agriculture, and defense, resulting in wide deployment of the same across China.
According to 6Wresearch, China low Voltage electric motor market size is projected to grow at a CAGR of 2.6% during 2019-25. The Commercial application of the low voltage electric motor is the key revenue-generating segment in the overall low-voltage electric motor market in China, owing to efforts to upgrade or revamp existing projects along with the development of new business establishment with the help of advanced technologies and related automation resources. Further, the market for industrial applications is also anticipated to register higher growth during the forecast period.
In 2018, compressors accounted for the highest share in terms of market revenues, however, other products such as Centrifuges, Extruders, Winches, etc. are considered the key growing end-user products of China low voltage electric motors.
The China low voltage electric motor market report thoroughly covers the market by type, voltage, end-user, and applications. The China low voltage electric motor market outlook report provides an unbiased and detailed analysis of the ongoing China low voltage electric motor market trends, opportunities/ high growth areas, and market drivers which would help the stakeholders to decide and align their market strategies according to the current and future market dynamics.
According to the research report of china low voltage electric motor market is growing primarily due to the manufacturing processes and innovation, through the use of high-quality development in the industrial application. There are many advantages of low voltage electric motors such as speeding up manufacturing processes and automation there make the critical component across the commercial and industrial their many application such as resulting, agriculture, mining, and defense across china.
There are many commercial applications of the low voltage of electric motor market the key to the revenue-generating segment in the overall voltage electric motor market is that china is going to revamp the existing projects the development a new business is going to establish with the help of related automation resources and advanced technologies. In the forecast period, the market of industrial applications is going to register higher growth of the low voltage electric motor in the market. The key growth of the end-use of the product of the china low voltage electric motor market is based on the highest share of the revenues such as Winches, Extruders, and Centrifuges.
The China low voltage electric motor market is anticipated to register sound revenues in the coming years on the back of rising adoption of the product across the food and beverage industrial domain backed by the rising need for uninterruptible power supply and increased safety with uninterrupted work facility provided. Further, in order to reduce the cost of production in the automotive sector backed by the rapid industrialization in the country, significant demand projections for low-voltage electric motors are expected to be witnessed in the coming years and is anticipated to trigger potential market growth in the upcoming six years.
• China Low Voltage Electric Motor Market Overview
• China Low Voltage Electric Motor Market Outlook
• China Low Voltage Electric Motor Market Forecast
• Historical Data of China Low Voltage Electric Motor Market Revenues for the Period 2015-2018.
• China Low Voltage Electric Motor Market Size & China Low Voltage Electric Motor Market Forecast of Revenues until 2025.
• Historical Data of China Low Voltage Electric Motor Market Revenues, By Types, for the Period 2015-2018.
• China Low Voltage Electric Motor Market Share, By Types, 2018 & 2025
• Market Size & Forecast of China Low Voltage Electric Motor Market Revenues, By Types, until 2025.
• Historical Data of China Low Voltage Electric Motor Market Revenues, By Voltage, for the Period 2015-2018.
• Market Size & Forecast of China Low Voltage Electric Motor Market Revenues, By Voltage, until 2025.
• Historical Data of China Low Voltage Electric Motor Market Revenues, by Products, for the Period 2015-2018.
• Market Size & Forecast of China Low Voltage Electric Motor Market Revenues, by Products, until 2025.
• Historical Data of China Low Voltage Electric Motor Market Revenues, By Applications, for the Period 2015-2018.
• Market Size & Forecast of China Low Voltage Electric Motor Market Revenues, By Applications, until 2025.
• Market Drivers and Restraints
• China Low Voltage Electric Motor Market Trends and Opportunities
• China Low Voltage Electric Motor Market Share, By Players
• China Low Voltage Electric Motor Market Overview, By Competitive Benchmarking
• Company Profiles
• Strategic Recommendations
The China low voltage electric motor market report provides a detailed analysis of the following market segments:
o AC
? Up to 60V
? 60.1V - 200V
? 200.1V - 1000V
o DC
? Up to 60V
? 60.1V - 200V
? 200.1V - 1000V