Top Low Voltage Electric Motor Market Companies in (APAC) Asia Pacfic | Manufacturers & Analysis 2024

Asia Pacfic (APAC) Low Voltage Electric Motor Market Companies Analysis

Asia Pacfic (APAC) low voltage electric motor market has been growing at a prominent growth rate and will attain more growth in the future. The Low Voltage Electric Motor Market in Asia Pacific is competitive with a number of key players operating in the market.

The leading companies in the market are constantly implementing strategies that can help them to grow more efficiently. Expanding their market share is one of the key aims of players.

With a rapidly increasing demand for energy-efficient as well as sustainable solutions, there is an enormous possibility for growth in this industry. Players are investing in research and development in order to launch new products, thereby cumulative their market share. Another important objective of key players is to maintain a strong customer base. This comprises both existing customers and acquiring new ones.

To achieve this, market players are focusing on forming long-term relationships with their customers. Key players also aim for sustainable growth. This includes implementing environmentally friendly practices and developing energy-efficient products. The APAC Low Voltage Electric Motor Market is projected to rise at a CAGR of 3.4% during 2019-2025. 

List of Leading Companies in the Asia Pacfic (APAC) Low Voltage Electric Motor Market

1. Siemens AG

Siemens AG is an electrical engineering and electronics company which exists across verticals such as data centres, energy infrastructure, and industrial, residential and commercial buildings.

2. ABB Ltd.

ABB Ltd. is headquartered in Zurich, Switzerland. 5the company manufactures and sells electrical products, robotics and motion, industrial automation, and power grids.

3. TECO Electric & Machinery Co., Ltd.

TECO Electric & Machinery Co., Ltd. is headquartered in Taipei, Taiwan. The company manufactures electric motors and provides high-quality motors, generators, drives, and complete power solutions.

4. WEG S.A.

WEG S.A. is a global solution provider of industrial electrical technologies and offers a range of diverse product line that includes motors, drives, soft starters and other electrical custom solutions.

5. Regal Beloit Corporation

Regal Beloit Corporation is headquartered in Beloit, USA. The company manufactures and provides motors, drives, blowers, control solutions globally.

6. Wolong Electric Group

Wolong Electric is headquartered in Zheijang, China. The company provides solution across power components, power equipment, critical power technologies and industrial services. Wolong electric acquired 100% stakes of GE electric and ATB group in 2018 and 2011 respectively.

7. Fuji Electric Co. Ltd.

Fuji Electric Co., Ltd. is a headquartered in Japan. The company provides its solution in electrical equipment such as pressure transmitters, flowmeters, gas analyzers, controllers, inverters, pumps, generators, ICs, motors, and power equipment.

8. Mitsubishi Electric Corporation

Mitsubishi Electric Corporation is a Japan-based company. The company provides electronics and electrical equipment globally.

9. Toshiba Corporation

Toshiba Corporation is headquartered in Tokyo, Japan. The company provides across electronic components and materials, power systems, industrial and social infrastructure systems, consumer electronics, household appliances, medical equipment, etc.

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