Key Insights
The North American low voltage induction motor market, valued at approximately $XX million in 2025, is projected to experience steady growth with a Compound Annual Growth Rate (CAGR) of 3.31% from 2025 to 2033. This growth is driven by increasing industrial automation across various sectors, including metal and mining, oil and gas, and the expanding food and beverage industry. The rising demand for energy-efficient motors, coupled with stringent government regulations promoting sustainability, further fuels market expansion. Significant technological advancements, such as the integration of smart sensors and improved motor control systems, are enhancing operational efficiency and reducing downtime, contributing positively to market growth. The market is segmented by type (single-phase and poly-phase), end-user industry (metal and mining, oil and gas, chemicals and petrochemicals, water and wastewater, discrete industries, power generation, food and beverage, and others), and geography (United States, Canada, Mexico, and Rest of North America). The dominance of the United States within the North American market is expected to continue, driven by its robust industrial infrastructure and substantial investments in manufacturing.
However, the market faces certain restraints. Fluctuations in raw material prices, particularly for copper and steel, can impact production costs and profitability. Furthermore, the increasing adoption of alternative motor technologies, such as permanent magnet motors, presents a competitive challenge. Nevertheless, the long-term outlook for the North American low voltage induction motor market remains positive, driven by continuous industrialization and a growing emphasis on energy efficiency and sustainability across various sectors. Major players like Toshiba, ABB, Wolong Electric, Nidec, Siemens, and Teco Electric are actively engaged in product innovation and expansion strategies to capitalize on this growth opportunity. The competitive landscape is characterized by both established global players and regional manufacturers, leading to increased product diversification and enhanced market competition.

North America Low Voltage Induction Motors Market: A Comprehensive Report (2019-2033)
This comprehensive report provides an in-depth analysis of the North America low voltage induction motors market, covering market dynamics, industry trends, key segments, leading players, and future growth prospects. The study period spans from 2019 to 2033, with 2025 serving as both the base and estimated year. This report is crucial for industry stakeholders, investors, and businesses seeking to understand and capitalize on the opportunities within this dynamic market. The market is valued at xx Million in 2025 and is projected to reach xx Million by 2033, exhibiting a CAGR of xx% during the forecast period (2025-2033).
North America Low Voltage Induction Motors Market Market Concentration & Dynamics
The North America low voltage induction motors market exhibits a moderately consolidated structure, with a handful of major players holding significant market share. Competition is fierce, driven by technological advancements, product innovation, and aggressive pricing strategies. The market is characterized by a complex innovation ecosystem, involving both established manufacturers and emerging technology providers. Regulatory frameworks, particularly those related to energy efficiency and environmental standards, play a crucial role in shaping market dynamics. The presence of substitute products, such as servo motors and brushless DC motors, also impacts market growth. End-user trends, including the increasing adoption of automation and smart technologies across various industries, are significant growth drivers. Mergers and acquisitions (M&A) activities are relatively frequent, reflecting the consolidation trend and the pursuit of growth through strategic partnerships.
- Market Share: The top 5 players hold approximately xx% of the market share in 2025.
- M&A Activity: An average of xx M&A deals have been recorded annually in the past five years.
- Key Regulatory Frameworks: Energy efficiency standards (e.g., EPAct) and safety regulations (e.g., UL) significantly influence market dynamics.
- Substitute Products: The increasing availability of efficient alternative motor technologies poses a challenge to traditional induction motor manufacturers.
North America Low Voltage Induction Motors Market Industry Insights & Trends
The North America low voltage induction motors market is experiencing robust growth driven by several factors. The increasing demand for automation and electrification across diverse end-user industries, including manufacturing, oil and gas, and water treatment, is a primary driver. Technological advancements, such as the development of energy-efficient motors with improved performance and durability, further contribute to market expansion. Changing consumer behaviors, particularly the growing preference for energy-efficient and sustainable products, are also influencing market trends. Moreover, government initiatives aimed at promoting energy efficiency and reducing carbon emissions provide a supportive regulatory environment. The market size is estimated to be xx Million in 2025, with projections indicating substantial growth in the coming years, fueled by these positive dynamics.

Key Markets & Segments Leading North America Low Voltage Induction Motors Market
The United States dominates the North America low voltage induction motors market, accounting for the largest share due to its extensive industrial base and advanced manufacturing sector. The poly-phase segment holds a larger market share compared to the single-phase segment due to its higher power rating and suitability for industrial applications. Among end-user industries, the metal and mining sector leads the demand for low voltage induction motors due to its heavy reliance on motor-driven equipment.
- Dominant Region: United States
- Dominant Segment (Type): Poly-phase
- Dominant Segment (End-user): Metal and Mining
Drivers for each segment:
- United States: Strong industrial base, advanced manufacturing sector, high adoption of automation technologies.
- Poly-phase Motors: Higher power rating suitable for heavy-duty industrial applications.
- Metal and Mining: High demand for robust and reliable motors in mining operations and metal processing plants.
North America Low Voltage Induction Motors Market Product Developments
Recent product innovations in the low voltage induction motor market focus on enhanced energy efficiency, improved durability, and reduced maintenance requirements. Manufacturers are increasingly incorporating advanced materials and technologies to optimize motor performance and extend lifespan. These developments contribute to lowering operational costs and enhancing overall productivity for end-users. The integration of smart sensors and connectivity features enables predictive maintenance and optimized energy management, further strengthening the market competitiveness.
Challenges in the North America Low Voltage Induction Motors Market Market
The North America low voltage induction motors market faces challenges including increasing raw material costs, supply chain disruptions, and intense competition from both domestic and international players. Stringent environmental regulations and the need for compliance add further complexity. These factors contribute to increased production costs and potentially impact profitability. The market also faces the challenge of managing the technological shift towards alternative motor technologies. The projected impact is a xx% reduction in profit margins for some manufacturers by 2030.
Forces Driving North America Low Voltage Induction Motors Market Growth
Key growth drivers include the increasing demand from industrial automation across numerous sectors, coupled with government initiatives focused on energy efficiency and sustainability. Technological advancements leading to smaller, more efficient, and more durable motors also fuel market growth. Furthermore, expanding infrastructure projects in sectors such as water management and renewable energy necessitate substantial investments in motor-driven equipment.
Challenges in the North America Low Voltage Induction Motors Market Market
Long-term growth will be driven by advancements in motor control technologies, the development of high-efficiency motors, and collaborations between motor manufacturers and end-users to optimize energy consumption and reduce emissions. Expansion into new markets and applications, such as electric vehicles and robotics, will also contribute to sustained market growth.
Emerging Opportunities in North America Low Voltage Induction Motors Market
Emerging opportunities lie in the growing adoption of smart motors with integrated sensors and predictive maintenance capabilities, as well as the expansion into niche markets like renewable energy and electric vehicles. The development of motors with enhanced energy efficiency and reduced carbon footprint will continue to be a significant driver of growth.
Leading Players in the North America Low Voltage Induction Motors Market Sector
- Toshiba Industrial Corporation (Toshiba Corporation)
- ABB Ltd
- Wolong Electric Group Co Ltd
- Nidec Corporation
- Siemens AG
- Teco Electric and Machinery Co Ltd
- Shanghai Electrical Machinery Group Co Ltd (Shanghai Electric)
- VEM Group (Sec Electric Machinery Co Ltd)
- Regal Rexnord Corporation
Key Milestones in North America Low Voltage Induction Motors Market Industry
- June 2023: Canadian and BC government investment of USD 48.6 Million in wastewater projects boosts market demand.
- February 2023: American Colloid Company's bentonite mining expansion project signals increased demand for motors in the mining sector.
Strategic Outlook for North America Low Voltage Induction Motors Market Market
The North America low voltage induction motors market is poised for continued growth, driven by ongoing industrialization, the increasing adoption of automation technologies, and the growing emphasis on energy efficiency and sustainability. Strategic opportunities exist for manufacturers who focus on innovation, develop advanced motor technologies, and build strong partnerships within the supply chain and end-user industries. The market's long-term prospects remain positive, with considerable potential for expansion across diverse applications and geographical markets.
North America Low Voltage Induction Motors Market Segmentation
-
1. Type
- 1.1. Single Phase
- 1.2. Poly Phase
-
2. End-user Industry
- 2.1. Metal and Mining
- 2.2. Oil and Gas
- 2.3. Chemicals and Petrochemicals
- 2.4. Water and Wastewater
- 2.5. Discrete Industries
- 2.6. Power Generation
- 2.7. Food and Beverage
- 2.8. Other End-user Industries
North America Low Voltage Induction Motors Market Segmentation By Geography
-
1. North America
- 1.1. United States
- 1.2. Canada
- 1.3. Mexico

North America Low Voltage Induction Motors Market REPORT HIGHLIGHTS
Aspects | Details |
---|---|
Study Period | 2019-2033 |
Base Year | 2024 |
Estimated Year | 2025 |
Forecast Period | 2025-2033 |
Historical Period | 2019-2024 |
Growth Rate | CAGR of 3.31% from 2019-2033 |
Segmentation |
|
Table of Contents
- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 2.1. Introduction
- 3. Market Dynamics
- 3.1. Introduction
- 3.2. Market Drivers
- 3.2.1. Increased Energy Demand in Residential and Industrial; Rising Investment in Manufacturing Sector Across the NA Countries
- 3.3. Market Restrains
- 3.3.1. Fluctuating Cost of Raw Materials; High Switching Cost Along with Alternate VFD Solutions
- 3.4. Market Trends
- 3.4.1. Oil and Gas to be the Largest End-user Industry
- 4. Market Factor Analysis
- 4.1. Porters Five Forces
- 4.2. Supply/Value Chain
- 4.3. PESTEL analysis
- 4.4. Market Entropy
- 4.5. Patent/Trademark Analysis
- 5. North America Low Voltage Induction Motors Market Analysis, Insights and Forecast, 2019-2031
- 5.1. Market Analysis, Insights and Forecast - by Type
- 5.1.1. Single Phase
- 5.1.2. Poly Phase
- 5.2. Market Analysis, Insights and Forecast - by End-user Industry
- 5.2.1. Metal and Mining
- 5.2.2. Oil and Gas
- 5.2.3. Chemicals and Petrochemicals
- 5.2.4. Water and Wastewater
- 5.2.5. Discrete Industries
- 5.2.6. Power Generation
- 5.2.7. Food and Beverage
- 5.2.8. Other End-user Industries
- 5.3. Market Analysis, Insights and Forecast - by Region
- 5.3.1. North America
- 5.1. Market Analysis, Insights and Forecast - by Type
- 6. United States North America Low Voltage Induction Motors Market Analysis, Insights and Forecast, 2019-2031
- 7. Canada North America Low Voltage Induction Motors Market Analysis, Insights and Forecast, 2019-2031
- 8. Mexico North America Low Voltage Induction Motors Market Analysis, Insights and Forecast, 2019-2031
- 9. Rest of North America North America Low Voltage Induction Motors Market Analysis, Insights and Forecast, 2019-2031
- 10. Competitive Analysis
- 10.1. Market Share Analysis 2024
- 10.2. Company Profiles
- 10.2.1 Toshiba Industrial Corporation (Toshiba Corporation)
- 10.2.1.1. Overview
- 10.2.1.2. Products
- 10.2.1.3. SWOT Analysis
- 10.2.1.4. Recent Developments
- 10.2.1.5. Financials (Based on Availability)
- 10.2.2 ABB Ltd
- 10.2.2.1. Overview
- 10.2.2.2. Products
- 10.2.2.3. SWOT Analysis
- 10.2.2.4. Recent Developments
- 10.2.2.5. Financials (Based on Availability)
- 10.2.3 Wolong Electric Group Co Ltd
- 10.2.3.1. Overview
- 10.2.3.2. Products
- 10.2.3.3. SWOT Analysis
- 10.2.3.4. Recent Developments
- 10.2.3.5. Financials (Based on Availability)
- 10.2.4 Nidec Corporation
- 10.2.4.1. Overview
- 10.2.4.2. Products
- 10.2.4.3. SWOT Analysis
- 10.2.4.4. Recent Developments
- 10.2.4.5. Financials (Based on Availability)
- 10.2.5 Siemens AG
- 10.2.5.1. Overview
- 10.2.5.2. Products
- 10.2.5.3. SWOT Analysis
- 10.2.5.4. Recent Developments
- 10.2.5.5. Financials (Based on Availability)
- 10.2.6 Teco Electric and Machinery Co Ltd
- 10.2.6.1. Overview
- 10.2.6.2. Products
- 10.2.6.3. SWOT Analysis
- 10.2.6.4. Recent Developments
- 10.2.6.5. Financials (Based on Availability)
- 10.2.7 Shanghai Electrical Machinery Group Co Ltd (Shanghai Electric)
- 10.2.7.1. Overview
- 10.2.7.2. Products
- 10.2.7.3. SWOT Analysis
- 10.2.7.4. Recent Developments
- 10.2.7.5. Financials (Based on Availability)
- 10.2.8 VEM Group (Sec Electric Machinery Co Ltd)*List Not Exhaustive
- 10.2.8.1. Overview
- 10.2.8.2. Products
- 10.2.8.3. SWOT Analysis
- 10.2.8.4. Recent Developments
- 10.2.8.5. Financials (Based on Availability)
- 10.2.9 Regal Rexnord Corporation
- 10.2.9.1. Overview
- 10.2.9.2. Products
- 10.2.9.3. SWOT Analysis
- 10.2.9.4. Recent Developments
- 10.2.9.5. Financials (Based on Availability)
- 10.2.1 Toshiba Industrial Corporation (Toshiba Corporation)
List of Figures
- Figure 1: North America Low Voltage Induction Motors Market Revenue Breakdown (Million, %) by Product 2024 & 2032
- Figure 2: North America Low Voltage Induction Motors Market Share (%) by Company 2024
List of Tables
- Table 1: North America Low Voltage Induction Motors Market Revenue Million Forecast, by Region 2019 & 2032
- Table 2: North America Low Voltage Induction Motors Market Revenue Million Forecast, by Type 2019 & 2032
- Table 3: North America Low Voltage Induction Motors Market Revenue Million Forecast, by End-user Industry 2019 & 2032
- Table 4: North America Low Voltage Induction Motors Market Revenue Million Forecast, by Region 2019 & 2032
- Table 5: North America Low Voltage Induction Motors Market Revenue Million Forecast, by Country 2019 & 2032
- Table 6: United States North America Low Voltage Induction Motors Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 7: Canada North America Low Voltage Induction Motors Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 8: Mexico North America Low Voltage Induction Motors Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 9: Rest of North America North America Low Voltage Induction Motors Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 10: North America Low Voltage Induction Motors Market Revenue Million Forecast, by Type 2019 & 2032
- Table 11: North America Low Voltage Induction Motors Market Revenue Million Forecast, by End-user Industry 2019 & 2032
- Table 12: North America Low Voltage Induction Motors Market Revenue Million Forecast, by Country 2019 & 2032
- Table 13: United States North America Low Voltage Induction Motors Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 14: Canada North America Low Voltage Induction Motors Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 15: Mexico North America Low Voltage Induction Motors Market Revenue (Million) Forecast, by Application 2019 & 2032
Frequently Asked Questions
1. What is the projected Compound Annual Growth Rate (CAGR) of the North America Low Voltage Induction Motors Market?
The projected CAGR is approximately 3.31%.
2. Which companies are prominent players in the North America Low Voltage Induction Motors Market?
Key companies in the market include Toshiba Industrial Corporation (Toshiba Corporation), ABB Ltd, Wolong Electric Group Co Ltd, Nidec Corporation, Siemens AG, Teco Electric and Machinery Co Ltd, Shanghai Electrical Machinery Group Co Ltd (Shanghai Electric), VEM Group (Sec Electric Machinery Co Ltd)*List Not Exhaustive, Regal Rexnord Corporation.
3. What are the main segments of the North America Low Voltage Induction Motors Market?
The market segments include Type, End-user Industry.
4. Can you provide details about the market size?
The market size is estimated to be USD XX Million as of 2022.
5. What are some drivers contributing to market growth?
Increased Energy Demand in Residential and Industrial; Rising Investment in Manufacturing Sector Across the NA Countries.
6. What are the notable trends driving market growth?
Oil and Gas to be the Largest End-user Industry.
7. Are there any restraints impacting market growth?
Fluctuating Cost of Raw Materials; High Switching Cost Along with Alternate VFD Solutions.
8. Can you provide examples of recent developments in the market?
June 2023: The Minister of International Development and the Minister responsible for the Pacific Economic Development Agency of Canada and B.C. Minister of Municipal Affairs announced a joint investment of more than USD 48.6 million to support multiple wastewater projects in British Columbia. Such investments in the wastewater industry also help to aid the market's growth.
9. What pricing options are available for accessing the report?
Pricing options include single-user, multi-user, and enterprise licenses priced at USD 4750, USD 4950, and USD 6800 respectively.
10. Is the market size provided in terms of value or volume?
The market size is provided in terms of value, measured in Million.
11. Are there any specific market keywords associated with the report?
Yes, the market keyword associated with the report is "North America Low Voltage Induction Motors Market," which aids in identifying and referencing the specific market segment covered.
12. How do I determine which pricing option suits my needs best?
The pricing options vary based on user requirements and access needs. Individual users may opt for single-user licenses, while businesses requiring broader access may choose multi-user or enterprise licenses for cost-effective access to the report.
13. Are there any additional resources or data provided in the North America Low Voltage Induction Motors Market report?
While the report offers comprehensive insights, it's advisable to review the specific contents or supplementary materials provided to ascertain if additional resources or data are available.
14. How can I stay updated on further developments or reports in the North America Low Voltage Induction Motors Market?
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Methodology
Step 1 - Identification of Relevant Samples Size from Population Database



Step 2 - Approaches for Defining Global Market Size (Value, Volume* & Price*)

Note*: In applicable scenarios
Step 3 - Data Sources
Primary Research
- Web Analytics
- Survey Reports
- Research Institute
- Latest Research Reports
- Opinion Leaders
Secondary Research
- Annual Reports
- White Paper
- Latest Press Release
- Industry Association
- Paid Database
- Investor Presentations

Step 4 - Data Triangulation
Involves using different sources of information in order to increase the validity of a study
These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.
Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.
During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence