Malaysia Low Voltage Electric Motor Market (2019-2025) | Size, Analysis, Revenue, Trends, Growth, Forecast, Outlook, industry & Segmentation

Latest 2023 Developments of the Malaysia Low Voltage Electric Motor Market

Malaysia Low Voltage Electric Motor Market has seen the latest developments which include the manufacturing of high-precision, high-quality gearing systems and low-voltage motors for transmissions and powertrains to optimize efficiency, weight, noise, vibration, and harshness (NVH), and to deal with packaging constraints with respect to electric vehicles. The low-voltage electric motors also allow for extending the overall drivable range of electric vehicles. The innovations also include Variable speed drives (VSD), also known as variable frequency drives (VFD), that adjust the motor speed throughout the run-cycle giving full control of electric motor applications to the user. The introduction of the NAP (National Automotive Policy) by the government has reduced the excise duty on electric vehicles and low-voltage electric motors which has assisted in reducing the overall CO2 emissions.

 Mergers and Acquisitions:

• Schneider Electronics acquired Larson and Toubro Electrical and Automation in 2018.
• Larson and Toubro Infotech acquired Ceulogic Technologies in June 2021

Malaysia Low Voltage Electric Motor Market Synopsis

Surging the industrial sector on account of growing manufacturing and export-oriented activities across several industries such as electrical equipment, petroleum, rubber, chemical, and plastic products are the key drivers for the growth of the low-voltage electric motors market in Malaysia. Additionally, initiatives such as “Industry 4.0”, coupled with continuous expansion in electrical and electronic equipment manufacturing industries, would fuel the market of low-voltage electric motors across the country.

According to 6Wresearch, Malaysia low voltage electric motor market size is projected to grow at a CAGR of 5.6% during 2019-2025. The industrial segment is expected to acquire the highest revenue share in future due to considerable growth in the respective segment, owing to booming manufacturing and export-oriented activities. Favorable industrial activities in the country have further accelerated the manufacturing production index which is projected to expand at 4.7% in 2019. Additionally, expenditure incurred by the private sector which gets channelled into the service and manufacturing sectors would further spur the demand for low-voltage electric motors across the region during the forecast period.

In 2018, considering the product type, fans and pumps accounted for the highest Malaysia low voltage electric motor market share in terms of market revenues, and pumps would continue as the key growing product type during the forecast period.

The Malaysia low voltage electric motor market report thoroughly covers the market by types, voltage, products and applications. The Malaysia low voltage electric motor market outlook report provides an unbiased and detailed analysis of the ongoing Malaysia low voltage electric motor market trends, opportunities/high growth areas and market drivers which would help the stakeholders to device and align their market strategies according to the current and future market dynamics.

Key Highlights of the Report:

• Malaysia Low Voltage Electric Motor Market Overview
• Malaysia Low Voltage Electric Motor Market Outlook
• Malaysia Low Voltage Electric Motor Market Forecast
• Historical data of Malaysia Low Voltage Electric Motor Market Revenues for the Period 2015-2018.
• Malaysia Low Voltage Electric Motor Market Size & Malaysia Low Voltage Electric Motor Market Forecast of Market Revenues until 2025.
• Historical Data of Malaysia Low Voltage Electric Motor Market Revenues, by Types, for the Period 2015-2018.
• Market Size & Forecast of Malaysia Low Voltage Electric Motor Market Revenues, by Types, until 2025.
• Historical Data of Malaysia Low Voltage Electric Motor Market Revenues, by Voltage, for the Period 2015-2018.
• Market Size & Forecast of Malaysia Low Voltage Electric Motor Market Revenues, by Voltage, until 2025.
• Historical Data of Malaysia Low Voltage Electric Motor Market Revenues, by Products, for the Period 2015-2018.
• Market Size & Forecast of Malaysia Low Voltage Electric Motor Market Revenues, by Products, until 2025.
• Historical Data of Malaysia Low Voltage Electric Motor Market Revenues, by Applications, for the Period 2015-2018.
• Market Size & Forecast of Malaysia Low Voltage Electric Motor Market Revenues, by Applications, until 2025.
• Malaysia Low Voltage Electric Motor Market Trends
• Malaysia Low Voltage Electric Motor Market Share, By Players
• Malaysia Low Voltage Electric Motor Market Overview on Competitive Benchmarking
• Market Drivers and Restraints
• Malaysia Low Voltage Electric Motor Market Opportunities
• Company Profiles
• Strategic Recommendations

Markets Covered:

The Malaysia low voltage electric motor market report provides a detailed analysis of the following market segments:

By Type

o AC

Upto 60V

60.1V - 200V

200.1V - 1000V

o DC

Upto 60V

60.1V - 200V

200.1V - 1000V

By-Products

• Fans
• Compressors
• Pumps
• Conveyors
• Others (Centrifuges, Extruders, Winches, etc.)

By Applications

• Residential
• Commercial
• Industrial
• Automotive
• Power Utility and Water Treatment
• Others (Defense, Agriculture, Transportation Infrastructure, etc.)