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Share: ResearchAndMarkets.com s offering. The global low voltage electric motor market is projected to grow in the coming years due to the surging industrial sector, growing automobile industry, and increasing investments in power generation plants. Additionally, the rising number of chemical, oil, and gas projects across the world would augment the need for water treatment plants propelling the demand for low voltage electric motors as well. Low voltage electric motor is majorly used for energy saving and its wide application across various sectors such as residential, commercial, industrial and automotive would further increase its proliferation in the years to come. However, the coronavirus outbreak is expected to adversely impact the global low voltage electric motor market in 2020 as governments of various countries have imposed a nation-wide lockdown resulting in the closure of all construction operations which would impact the demand for low voltage electric mo ....
| Press Release Outlook on the Low Voltage Electric Motor Global Market to 2026 - Featuring ABB, Fuji Electric and Nidec Among Others ResearchAndMarkets.com s offering. The global low voltage electric motor market is projected to grow in the coming years due to the surging industrial sector, growing automobile industry, and increasing investments in power generation plants. Additionally, the rising number of chemical, oil, and gas projects across the world would augment the need for water treatment plants propelling the demand for low voltage electric motors as well. Low voltage electric motor is majorly used for energy saving and its wide application across various sectors such as residential, commercial, industrial and automotive would further increase its proliferation in the years to come. However, the coronavirus outbreak is expected to adversely impact the global low voltage electric motor market in 2020 as governments of various countries have imposed a n ....