Motors - Low Voltage (Integral Horsepower)

The Integral Horsepower Low Voltage Motors market research study provides a concise, competitive, and regional analysis along with a five-year forecast of the worldwide integral horsepower (IHP) low voltage (LV) alternating current (AC) asynchronous and synchronous motors, gearmotors, and direct current (DC) motors operating at voltages of 690 or less. This report covers the IHP LV motor market across the entire spectrum of power ranges.  Power (kW) ranges are segmented into (0.75-5 kW), (>5-40 kW), (>40-200 kW), (>200-600 kW), and (>600 kW). The study is available in multiple editions including worldwide, all regions, and most major countries.  

​Integral Horsepower Low Voltage Motors: Energy Efficient Motors Drive Growth

The entire spectrum of Integral Horsepower (IHP) Low Voltage (LV) motors is greatly influenced by consumer demand for goods, infrastructure investments, and energy industries. LV motors are applied in process and discrete manufacturing industries, commercial buildings, and municipal infrastructure. Major applications of LV motors include fans, pumps, compressors, conveyors, kilns, centrifuges, mixers, hoists, cranes, extruders, printing machinery, and textile machines.

Digitally enhanced motors (sensors attached directly to the motor’s frame) and motors integrated with variable speed drives (VSD) are expected to drive the market growth in the coming years. Also, high energy-efficient motors are becoming more important, especially in the European and North American markets. While IE3 motors have been increasing their market share against IE2 motors in the recent past years, IE4 motors are slowly gaining momentum, especially in developed markets. Although IE5 motors have been available in the market in recent years, the market is not yet recognizable in 2019. However, ARC expects that the demand for IE5 motors will rise in the latter half of the report forecast period. 

Integral Horsepower Low Voltage Motors Strategic Issues

In addition to providing a five-year market forecast, the IHP Low Voltage Motors market research provides detailed quantitative current market data and addresses key strategic issues as follows.

Evolving New Motors with Printed Circuit Board (PCB) Stators 

A few low voltage motor suppliers started manufacturing motors with a PCB stator technology that can potentially change the electric motor landscape in the next ten or fifteen years especially at the applications where less weight motors are needed.  The design of PCB stator motors replaces traditional iron and copper stators with an IoT-enabled printed circuit board stator. This not only makes the motors the most efficient motors, but it removes the copper windings that require specialized and expensive winding equipment that most electric motor manufactures need. These motors can be manufactured with common PCB technology, drastically reducing the cost, weight, and complexity involved in manufacturing motors. This new motor with a PCB stator might be a disruptor in the motor market for a handful of applications. 

Legislative Trends in the Integral Horsepower Low Voltage Motor Market

The IHP low voltage motor market is highly regulated by regional regulatory authorities. Regional legislation focusing on energy efficiency influences purchasing decisions. Sales of high-efficiency motors are closely associated with the rate at which industrial motor consumers upgrade existing, less energy-efficient motor. IE2/EPAct, IE3/NEMA Premium motors, or even IE4/Super Premium motors are being used as replacements. However, economic performance in any given region or industrial sector can adversely affect the rate at which end users can budget new motor purchases.  

Reluctance to Embrace the Energy Efficiency Concept

Historical data suggests that regional transitions to higher efficiency motors are often slow to gain momentum from the official start dates and remain slow due to a variety of economic circumstances. These circumstances are compounded by a reluctance to embrace the energy efficiency concept. A 1 percent efficiency gain in an LV motor can result in thousands of dollars of energy savings over the lifetime of the motor. However, to realize the efficiency gains, a higher cost must be incurred at the front end of the motor purchase. When purchasing thousands of motors at a time, millions of dollars can be saved by purchasing lesser efficient motors though they are available.