Drivers:
Definition and Applications:
Definition: Electric motor consist of electro-mechanical components that convert electrical energy into rotational mechanical energy to provide rotary motion to drive machinery and equipment.
The motor consists of rotor, stator, bearing, bracket, and lead wire components.
Electric motors are classified into two categories based on the input current: AC motors and DC motors. The AC motor runs on alternating current, while the DC motor runs on direct current.
The electric motors are also segmented based on the voltage as low voltage, medium voltage, and high voltage motors.
The MEPS (Minimum Energy Performance Standards) policy was created in 1989 and applies to several appliances such as motors, pumps, compressors, transformers, commercial equipment, household appliances, vehicles, and others.
MEPS (Minimum Energy Performance Standards) help countries meet their energy efficiency, CO2 emissions targets and compare efficiency levels across manufacturers. MEPS has led to an overall increase in motor efficiency for low voltage motor users. These advantages have prompted many countries around the world to implement MEPS.
Low Voltage Motors includes the National Electrical Manufacturers Association (NEMA) and International Electrotechnical Commission (IEC) standard motors for various industrial applications covering a wide range of voltages (below 1kV) and power ratings.
The International Electrotechnical Commission (IEC) scale is used to rate efficiency, beginning with the IE1 (standard efficiency) and IE2 (high efficiency) categories for relatively inefficient motors and progressing to the significantly more efficient IE3 (premium efficiency) and IE4 (super premium efficiency) standards.
Under the ErP directives, the IE3 and IE4 motors are becoming mandatory. Currently, companies are working towards the IE5 (ultra-premium efficiency) line of motor class for the future.
The IE-codes are used as a guideline by governments when establishing minimum energy performance standards (MEPS).
Applications: The application of electric motors is to power machinery. These applications can be found everywhere as pumps, fans, blowers, compressors, machine tools, hoists, conveyors in ventilation fans, exhaust fans, unit heaters, air conditioning blowers, commercial refrigeration condensers, cargo pumps, deck cranes, metering pumps, vacuum pumps, heat exchangers, extruders, elevators, door operators and others.
Low Voltage motors are used in multiple industries such as chemical, steel, oil and gas, power generation, food and beverage, HVAC, marine, mining, water and wastewater, agriculture, pharmaceuticals, farming, residential, metal processing, automotive, construction, and others.
As per the International Energy Agency (IEA), industrial motor systems, lighting, refrigerators, and air conditioners together account for over 40% of global electricity demand and over 5 billion tonnes of global CO2 emissions a year.
Using electric motors with the maximum energy efficiency can thus play a critical role in limiting global energy consumption and lowering CO2 emissions. It can increase the performance of industrial machinery and reduce energy expenditures while simultaneously having a beneficial environmental impact. This has led the government to set mandatory energy-efficient motor standards.
Restraints:
Recent Market Trends & Developments:
Opportunities:
Regional Analysis:
United States: Heating
Blackridge Research's Global Low Voltage motors market report provides insights into the current global and regional Global market demand scenario and its outlook.
This study offers a detailed analysis of various factors instrumental in affecting the Global Low Voltage Motors market's growth. The study also comprehensively analyses the market based on standard (International Electrotechnical Commission – IEC, National Electrical Manufacturers Association – NEMA, and Other Non-Classified) and geography (North America, Europe, Asia-Pacific, and the Rest of the world).
This report also includes the latest market trends, drivers and restraints, present and future opportunities, new projects, the global impact of Covid-19 on the Global Low Voltage Motors market, and significant developments.
Further, the report will also provide Global Low Voltage Motors market size, demand market forecast, and key competitors in the market.
1. Executive Summary
2. Research Scope and Methodology
3. Market Analysis
4. Industry Analysis
5. Market Segmentation & Forecast
6. Regional Market Analysis
7. Key Company Profiles
8. Competitive Landscape
9. Conclusions and Recommendations
List of Tables & Figures
Abbreviations
Additional Notes
Disclaimer
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