Global Low Voltage Tension Motors Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Product;

IE1, IE2, IE3 and IE4.

By Motor Type;

Induction Motors, Synchronous Motors, DC Motors, and Others.

By End-User;

Automotive, Mining, Electronics, Textile, Food & Beverage and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn073536549 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Low Voltage Tension Motors Market (USD Million), 2021 - 2031

In the year 2024, the Global Low Voltage Tension Motors Market was valued at USD 10501.75 million. The size of this market is expected to increase to USD 13819.59 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 4.0%.

The global low voltage tension motors market is witnessing significant growth, driven by the increasing demand for efficient and reliable motor solutions across various industries. Low voltage tension motors play a crucial role in powering a wide range of industrial equipment and machinery, offering precise control over tension and speed. These motors are widely used in applications such as conveyors, pumps, compressors, and fans, among others, across industries such as automotive, mining, electronics, textile, and food & beverage.

With the growing emphasis on energy efficiency and sustainability, there is a rising demand for high-efficiency low voltage tension motors. Manufacturers are focusing on developing energy-efficient motor solutions that comply with stringent energy efficiency standards and regulations. The introduction of energy-efficient motor classifications such as IE1, IE2, IE3, and IE4 has further fueled market growth, as industries increasingly opt for motors that offer higher energy efficiency and lower operating costs.

Moreover, advancements in motor technology, such as the integration of variable frequency drives (VFDs) and smart motor control systems, are driving market growth by offering improved performance, reliability, and energy efficiency. Additionally, the rapid expansion of key end-user industries such as automotive, electronics, and manufacturing, especially in emerging economies, is expected to further boost the demand for low voltage tension motors globally. In this scenario, the global low voltage tension motors market is poised for significant growth in the coming years, offering lucrative opportunities for manufacturers, suppliers, and other stakeholders in the industry.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product
    2. Market Snapshot, By Motor Type
    3. Market Snapshot, By End-User
    4. Market Snapshot, By Region
  4. Global Low Voltage Tension Motors Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing industrial automation
        2. Growing demand for energy-efficient solutions
        3. Expansion of manufacturing sector
        4. Rise in infrastructural development projects
        5. Stringent energy efficiency regulations
      2. Restraints
        1. High initial investment
        2. Competition from substitutes
        3. Volatility in raw material prices
        4. Economic slowdowns
        5. Stringent environmental regulations
      3. Opportunities
        1. Focus on energy efficiency
        2. Adoption of IoT
        3. Growing demand for automation
        4. Development of smart grids
        5. Expansion of renewable energy
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Low Voltage Tension Motors Market, By Product, 2023 - 2033 (USD Million)
      1. IE1
      2. IE2
      3. IE3
      4. IE4
    2. Global Low Voltage Motors Market, By Motor Type, 2021 - 2031 (USD Million)
      1. Induction Motors
      2. Synchronous Motors
      3. DC Motors
      4. Others
    3. Global Low Voltage Tension Motors Market, By End-User, 2023 - 2033 (USD Million)
      1. Automotive
      2. Mining
      3. Electronics
      4. Textile
      5. Food & Beverage
      6. Others
    4. Global Low Voltage Tension Motors Market, By Geography, 2023 - 2033 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. ABB Ltd.
      2. Siemens AG
      3. WEG S.A.
      4. Nidec Corporation
      5. Regal Rexnord Corporation
      6. Toshiba Corporation
      7. Rockwell Automation, Inc.
      8. Johnson Electric Holdings Limited
      9. Franklin Electric Co., Inc.
      10. Emerson Electric Co.
      11. Schneider Electric SE
      12. Danfoss A/S
      13. Hitachi, Ltd.
      14. Mitsubishi Electric Corporation
  7. Analyst Views
  8. Future Outlook of the Market