Low Voltage (LV) Tension Motors Market

By Type;

IE1, IE2, IE3 and IE4

By Application;

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

By Geography;

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

Low Voltage (LV) Tension Motors Market Overview

Low Voltage (LV) Tension Motors Market (USD Million)

Low Voltage (LV) Tension Motors Market was valued at USD 10501.75 million in the year 2024. 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%.


Low Voltage (LV) Tension Motors Market

*Market size in USD million

CAGR 4.0 %


Study Period2025 - 2031
Base Year2024
CAGR (%)4.0 %
Market Size (2024)USD 10501.75 Million
Market Size (2031)USD 13819.59 Million
Market ConcentrationHigh
Report Pages333
10501.75
2024
13819.59
2031

Major Players

  • 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

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Low Voltage (LV) Tension Motors Market

Fragmented - Highly competitive market without dominant players


The Low Voltage (LV) Tension Motors Market is expanding rapidly, fueled by the rising demand for energy-efficient solutions. Over 66% of organizations are adopting LV tension motors to improve power efficiency, ensure system reliability, and reduce operational costs. Their increasing integration into automation frameworks and industrial systems is accelerating market adoption.

Innovations Elevating Motor Performance
Around 61% of manufacturers are implementing advanced winding technologies, digital control systems, and AI-based optimization features to enhance load handling and operational flexibility. These innovations improve performance consistency, extend motor durability, and support high-efficiency designs for modern industrial applications.

Rising Applications Across Industrial Ecosystems
Nearly 59% of industries are deploying LV tension motors in manufacturing processes, material handling equipment, HVAC systems, and automated production setups. Their ability to deliver low energy losses, superior torque control, and high operational stability makes them essential for meeting evolving industrial demands.

Future Prospects and Sustainable Growth
The Low Voltage Tension Motors Market is evolving with investments in IoT integration, predictive diagnostics, and eco-conscious motor architectures. Nearly 49% of manufacturers are focusing on AI-driven analytics, digital platforms, and green production technologies. These advancements are set to transform motor performance and open new growth opportunities across industries.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Application
    3. Market Snapshot, By Region
  4. Low Voltage (LV) 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. Low Voltage (LV) Tension Motors Market, By Type, 2021 - 2031 (USD Million)
      1. IE1
      2. IE2
      3. IE3
      4. IE4
    2. Low Voltage (LV) Tension Motors Market, By Application, 2021 - 2031 (USD Million)
      1. Automotive
      2. Mining
      3. Electronics
      4. Textile
      5. Food & Beverage
      6. Others
    3. 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. Hyundai Electric & Energy Systems Co., Ltd.
      6. TECO / TECO Middle East Electric & Machinery
      7. Electrical Industries Co.
      8. Ashoor Electronics Motors
      9. Emerson Electric Co.
      10. Schneider Electric SE
      11. Bonfiglioli Riduttori
      12. Fuji Electric Co., Ltd.
      13. Mitsubishi Electric Corporation
      14. REGAL / Regal Beloit
      15. Kirloskar Electric Company
  7. Analyst Views
  8. Future Outlook of the Market