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).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.
Global Low Voltage Tension Motors Market Recent Developments
-
In April 2023, SEW-EURODRIVE introduced its Movigear series of low-voltage tension motors, offering a wide range of power ratings and configurations to meet the diverse needs of textile, paper, and other industries.
-
In December 2022, NORD Drivesystems launched its IE5+ synchronous servo motors, a high-efficiency and high-performance solution for tension control applications, offering significant energy savings and improved productivity.
Segment Analysis
This report offers a comprehensive analysis of various segments within the Global Low Voltage Tension Motors Market. It provides in-depth insights, including revenue analysis for both historic and forecast periods, for all market segments. Each market segment is thoroughly analyzed, supported by relevant data points.
The market is segmented by end-user industries such as automotive, mining, electronics, textile, food & beverage, and others. The automotive industry is a significant end-user of low voltage tension motors, utilizing them in various applications such as conveyors, assembly lines, and robotic systems. In the mining industry, these motors are used for powering equipment such as crushers, conveyor belts, and pumps. The electronics industry relies on low voltage tension motors for semiconductor manufacturing, PCB production, and electronic component assembly. In the textile industry, these motors are used in spinning, weaving, and knitting processes, while the food & beverage industry utilizes them for packaging, labeling, and conveyor systems. Additionally, low voltage tension motors find applications in other industries such as pharmaceuticals, paper & pulp, chemicals, and water & wastewater treatment.
The market is segmented by product type into IE1, IE2, IE3, and IE4 motors. IE1 motors are standard efficiency motors, IE2 motors are high efficiency motors, IE3 motors are premium efficiency motors, and IE4 motors are super premium efficiency motors. These product segments allow customers to choose the motor that best fits their energy efficiency requirements and budget constraints.
The analysis of these segments provides valuable insights into the Global Low Voltage Tension Motors Market, enabling stakeholders to understand market dynamics, identify growth opportunities, and make informed business decisions.
The analysis of every market segment is substantiated with pertinent data trends and patterns, providing valuable insights into the Global Low Voltage Tension Motors Market. This detailed examination enables stakeholders to understand the market dynamics, identify growth opportunities, and make informed business decisions.
Global Low Voltage Tension Motors Segment Analysis
In this report, the Global Low Voltage Tension Motors Market has been segmented by Product,Motor type, End-User and Geography.
Global Low Voltage Tension Motors Market, Segmentation by Product
The global low voltage tension motors market has been segmented by product into IE1, IE2, IE3, and IE4.
IE1 motors are standard efficiency motors that offer basic functionality and are commonly used in applications where energy efficiency is not a primary concern.
IE2 motors are high efficiency motors that offer improved energy efficiency compared to IE1 motors. These motors are designed to meet higher energy efficiency standards and are suitable for a wide range of industrial applications.
IE3 motors are premium efficiency motors that offer even higher energy efficiency compared to IE2 motors. These motors are designed to meet the most stringent energy efficiency standards and are ideal for applications where energy savings are a top priority.
IE4 motors are super premium efficiency motors that offer the highest level of energy efficiency. These motors are designed to deliver maximum energy savings and are ideal for applications where energy consumption needs to be minimized.
Overall, the segmentation of the low voltage tension motors market by product into IE1, IE2, IE3, and IE4 motors allows customers to choose the motor that best fits their energy efficiency requirements and budget constraints.
Global Low Voltage Motors Market, Segmentation by Motor Type
The Global Low Voltage Motors Market has been segmented by Motor Type into Induction Motors, Synchronous Motors, DC Motors, and Others.
Induction Motors dominate the low voltage motors market due to their simplicity, reliability, and cost-effectiveness. Induction motors are widely used in both industrial and commercial applications, as they require minimal maintenance and offer high operational efficiency. They are generally classified into two main types: squirrel cage and wound rotor. Squirrel cage induction motors are more common because of their rugged construction and lower cost, making them ideal for a variety of applications such as fans, compressors, and conveyor belts. These motors operate on the principle of electromagnetic induction, where the rotor is induced with current by the rotating magnetic field produced by the stator. Induction motors are particularly favored for their robustness and ease of use in environments where high efficiency is not a critical factor.
Synchronous Motors are another key category in the market segmentation. These motors run at synchronous speed, meaning that the rotor's rotation is in direct synchronization with the rotating magnetic field of the stator. They are typically used in applications where precise speed control is necessary, such as in large compressors, generators, and pumps. Synchronous motors are known for their high efficiency, excellent power factor, and ability to operate at a constant speed, regardless of the load. This makes them highly suitable for applications requiring constant, reliable performance over extended periods. However, their higher initial cost and need for a DC excitation system can limit their widespread adoption compared to induction motors.
DC Motors (direct current motors) have also gained popularity in certain applications due to their ability to provide variable speed control, which is crucial in industries like robotics, automotive, and industrial automation. Unlike induction and synchronous motors, DC motors use a commutator to reverse the direction of current flow, providing continuous rotational movement. This type of motor offers the benefit of speed and torque control, making it ideal for applications where these factors are critical. However, they typically require more maintenance due to the wear and tear of the brushes and commutator system. Despite these drawbacks, DC motors are commonly used in applications that require precise speed control or high starting torque.
The Others category in the segmentation includes special motor types like stepper motors, reluctance motors, and permanent magnet motors. These motors are generally used in specialized applications where unique performance characteristics are required. For example, stepper motors are widely used in printers, CNC machines, and other equipment that requires precise positioning and control. Permanent magnet motors, on the other hand, are favored for their high efficiency and compact size, making them suitable for applications in electric vehicles and small appliances.
Global Low Voltage Tension Motors Market, Segmentation by End-User
The global low voltage tension motors market has been segmented by end-user into automotive, mining, electronics, textile, food & beverage, and others.
The automotive industry is a significant end-user of low voltage tension motors, utilizing them in various applications such as conveyors, assembly lines, and robotic systems. These motors play a crucial role in powering various manufacturing processes, ensuring efficient and reliable operation in automotive production facilities.
In the mining industry, low voltage tension motors are widely used for powering equipment such as crushers, conveyor belts, and pumps. These motors are designed to operate in harsh environments and withstand extreme conditions, making them ideal for use in mining operations where reliability and durability are essential.
The electronics industry relies on low voltage tension motors for a wide range of applications, including semiconductor manufacturing, printed circuit board (PCB) production, and electronic component assembly. These motors provide precise control and high-speed operation, enabling efficient production processes in the electronics industry.
In the textile industry, low voltage tension motors are used in various textile manufacturing processes, including spinning, weaving, and knitting. These motors are essential for controlling the tension of yarns and fabrics, ensuring high-quality output and efficient production in textile mills.
The food & beverage industry utilizes low voltage tension motors for various applications such as packaging, labeling, and conveyor systems. These motors are designed to meet strict hygiene and safety standards, making them suitable for use in food processing and packaging facilities.The Others category includes a wide range of industries such as pharmaceuticals, paper & pulp, chemicals, and water & wastewater treatment, among others. Low voltage tension motors find applications in these industries for powering equipment such as pumps, compressors, and fans, contributing to efficient and reliable operation in various manufacturing processes.
Global Low Voltage Tension Motors Market, Segmentation by Geography
In this report, the Global Low Voltage Tension Motors Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East & Africa and Latin America.
Global Low Voltage Tension Motors Market Share (%), by Geographical Region, 2024
The global low voltage tension motors market is segmented based on geographical regions, including North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.
North America holds a significant share in the global low voltage tension motors market. The region's market dominance is attributed to the presence of well-established manufacturing industries, increasing automation, and growing demand for energy-efficient solutions. Moreover, stringent energy efficiency regulations and government initiatives to promote sustainable development are driving market growth in this region.
Europe is another prominent market for low voltage tension motors. The region's market growth is driven by factors such as the expansion of industrial automation, increasing infrastructure investments, and the adoption of energy-efficient technologies. Additionally, the implementation of strict environmental regulations and the focus on reducing carbon emissions are further propelling market growth in Europe.
Asia Pacific is witnessing significant growth in the low voltage tension motors market due to rapid industrialization, urbanization, and increasing investments in infrastructure development. Countries like China, India, Japan, and South Korea are major contributors to market growth in this region. The growing demand for energy-efficient solutions, rising automation, and expansion of manufacturing industries are driving market growth in Asia Pacific.
Latin America and Middle East & Africa regions are also experiencing steady growth in the low voltage tension motors market. The market growth in these regions is driven by factors such as infrastructure development, increasing investments in industrial automation, and the adoption of energy-efficient technologies. Moreover, government initiatives to promote sustainable development and reduce carbon emissions are further boosting market growth in Latin America and the Middle East & Africa.
Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Global Low Voltage Tension Motors Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Drivers, Restraints and Opportunity Analysis
Drivers
- Increasing industrial automation
- Growing demand for energy-efficient solutions
- Expansion of manufacturing sector
- Rise in infrastructural development projects
-
Stringent energy efficiency regulations : Stringent energy efficiency regulations are a significant driver for the global low voltage tension motors market. Governments worldwide are implementing strict regulations to promote energy efficiency and reduce carbon emissions. As a result, industries are increasingly adopting energy-efficient solutions such as low voltage tension motors to comply with these regulations. Low voltage tension motors offer higher energy efficiency compared to traditional motors, resulting in reduced energy consumption and operating costs. Additionally, these motors help industries minimize their carbon footprint, contributing to environmental sustainability. With the rising focus on energy efficiency and sustainability, the demand for low voltage tension motors is expected to increase significantly in the coming years.
Restraints
- High initial investment
- Competition from substitutes
- Volatility in raw material prices
- Economic slowdowns
-
Stringent environmental regulations: Stringent environmental regulations pose a significant restraint for the global low voltage tension motors market. Governments worldwide are implementing strict environmental regulations to reduce carbon emissions and promote sustainable development. These regulations often require industries to adopt energy-efficient solutions and reduce their carbon footprint. While low voltage tension motors offer higher energy efficiency compared to traditional motors, the initial investment required for upgrading existing systems can be high. Additionally, industries may face challenges in meeting the stringent environmental standards, especially in regions with outdated infrastructure and limited access to advanced technologies. As a result, the implementation of environmental regulations may slow down the adoption of low voltage tension motors in some markets.
Opportunities
- Focus on energy efficiency
- Adoption of IoT
- Growing demand for automation
- Development of smart grids
-
Expansion of renewable energy : The development of smart grids presents significant opportunities for the global low voltage tension motors market. Smart grids are modern electricity networks that integrate advanced communication, control, and monitoring technologies to optimize the generation, distribution, and consumption of electricity. Low voltage tension motors play a crucial role in smart grid systems by providing efficient and reliable power for various industrial applications. These motors can be integrated with smart grid systems to enable real-time monitoring, remote operation, and predictive maintenance, thereby improving overall system efficiency and reliability. Additionally, low voltage tension motors can help optimize energy consumption, reduce electricity losses, and enhance grid stability, making them essential components of smart grid infrastructure. As governments worldwide continue to invest in smart grid projects to modernize their electricity networks, the demand for low voltage tension motors is expected to grow significantly in the coming years.
Competitive Landscape Analysis
Key players in Global Low Voltage Tension Motors Market include:
- ABB Ltd.
- Siemens AG
- WEG S.A.
- Nidec Corporation
- Regal Rexnord Corporation
- Toshiba Corporation
- Rockwell Automation, Inc.
- Johnson Electric Holdings Limited
- Franklin Electric Co., Inc.
- Emerson Electric Co.
- Schneider Electric SE
- Danfoss A/S
- Hitachi, Ltd.
- Mitsubishi Electric Corporation
In this report, the profile of each market player provides following information:
- Company Overview and Product Portfolio
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Product
- Market Snapshot, By Motor Type
- Market Snapshot, By End-User
- Market Snapshot, By Region
- Global Low Voltage Tension Motors Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
- Increasing industrial automation
- Growing demand for energy-efficient solutions
- Expansion of manufacturing sector
- Rise in infrastructural development projects
- Stringent energy efficiency regulations
- Restraints
- High initial investment
- Competition from substitutes
- Volatility in raw material prices
- Economic slowdowns
- Stringent environmental regulations
- Opportunities
- Focus on energy efficiency
- Adoption of IoT
- Growing demand for automation
- Development of smart grids
- Expansion of renewable energy
- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Global Low Voltage Tension Motors Market, By Product, 2023 - 2033 (USD Million)
- IE1
- IE2
- IE3
- IE4
- Global Low Voltage Motors Market, By Motor Type, 2021 - 2031 (USD Million)
- Induction Motors
- Synchronous Motors
- DC Motors
- Others
- Global Low Voltage Tension Motors Market, By End-User, 2023 - 2033 (USD Million)
- Automotive
- Mining
- Electronics
- Textile
- Food & Beverage
- Others
- Global Low Voltage Tension Motors Market, By Geography, 2023 - 2033 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
- Global Low Voltage Tension Motors Market, By Product, 2023 - 2033 (USD Million)
- Competitive Landscape
- Company Profiles
- ABB Ltd.
- Siemens AG
- WEG S.A.
- Nidec Corporation
- Regal Rexnord Corporation
- Toshiba Corporation
- Rockwell Automation, Inc.
- Johnson Electric Holdings Limited
- Franklin Electric Co., Inc.
- Emerson Electric Co.
- Schneider Electric SE
- Danfoss A/S
- Hitachi, Ltd.
- Mitsubishi Electric Corporation
- Company Profiles
- Analyst Views
- Future Outlook of the Market