Selected research
Market Structure
Global Low-voltage (LV) Drives Market by Size, by Type, by Application, by Region, History and Forecast 2021-2032
Market perspective
The global Low-voltage (LV) Drives market is projected to grow from US$ million in 2026 to US$ million by 2032, implying a CAGR of % over 2026-2032.
The US & Canada market for Low-voltage (LV) Drives is projected to increase from US$ million in 2026 to US$ million by 2032, at a CAGR of % over 2026-2032.
The Europe market for Low-voltage (LV) Drives is projected to increase from US$ million in 2026 to US$ million by 2032, at a CAGR of % over 2026-2032.
Read the full market overview
The Asia Pacific market for Low-voltage (LV) Drives is projected to increase from US$ million in 2026 to US$ million by 2032, at a CAGR of % over 2026-2032.
The China market for Low-voltage (LV) Drives is projected to increase from US$ million in 2026 to US$ million by 2032, at a CAGR of % over 2026-2032.
Leading global manufacturers of Low-voltage (LV) Drives include ABB Ltd., Schneider Electric, Siemens Ltd, Rockwell Automation, Danfoss A/S, YASKAWA Electric Corp., SEW Eurodrive GMBH & Co.KG, Nidec Control Techniques Ltd. and KEB Automation KG, among others. In 2025, the top three vendors together accounted for approximately % of global revenue.
On the production side, the report examines Low-voltage (LV) Drives output, growth rates, and market shares by manufacturer and by region (at regional and country level) for 2021-2026, with forecasts through 2032.
On the consumption side, the report analyzes sales of Low-voltage (LV) Drives by region (regional and country level), company, type, and application for 2021-2026 and provides forecasts through 2032.
The report provides an overview of the global Low-voltage (LV) Drives market in terms of capacity, output, revenue, and price, analyzing global market trends using historical revenue and sales data for 2021-2025, estimates for 2026, and projected CAGRs through 2032.
The study covers key producers of Low-voltage (LV) Drives and consumption patterns in major regions and countries, assesses future market potential, and highlights priority regions and countries for segmenting the market into sub-sectors, with country-specific market value data for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, the Middle East, Africa, and other countries.
The report also presents Low-voltage (LV) Drives sales, revenue, market share, and industry ranking for the main manufacturers for 2021-2026, identifies the major stakeholders in the global market, and analyzes their competitive landscape and market positioning based on recent developments and segmental revenues.
In addition, the report analyzes segment data by type and application—covering sales, revenue, and price—for 2021-2032, and evaluates and forecasts the Low-voltage (LV) Drives market size, projected growth trends, production technologies, key applications, and end-use industries.
Low-voltage (LV) Drives Segment by Company
ABB Ltd.
Schneider Electric
Siemens Ltd
Rockwell Automation
Danfoss A/S
YASKAWA Electric Corp.
SEW Eurodrive GMBH & Co.KG
Nidec Control Techniques Ltd.
KEB Automation KG
General Electric Co.
Low-voltage (LV) Drives Segment by Type
0.75 - 2.1 kW
2.2 - 7.4 kW
7.5 - 45 kW
46 - 75 kW
76 - 110 kW
111 - 375 kW
> 375 kW
Low-voltage (LV) Drives Segment by Application
Food and Beverage
Manufacturing
Water & Wastewater
Commercial HVAC
Power Generation
Metallurgy
Infrastructure
Automotive
Low-voltage (LV) Drives Segment by Region
North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Spain
Netherlands
Switzerland
Sweden
Poland
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Colombia
Middle East & Africa
Egypt
South Africa
Israel
Türkiye
GCC Countries
Study Objectives
1. To analyze and research the global status and future forecast, involving, production, value, consumption, growth rate (CAGR), market share, historical and forecast.
2. To present the key manufacturers, capacity, production, revenue, market share, and Recent Developments.
3. To split the breakdown data by regions, type, manufacturers, and Application.
4. To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints, and risks.
5. To identify significant trends, drivers, influence factors in global and regions.
6. To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
Reasons to Buy This Report
1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Low-voltage (LV) Drives market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Low-voltage (LV) Drives and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market.
5. This report helps stakeholders to gain insights into which regions to target globally.
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Low-voltage (LV) Drives.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.
Chapter Outline
Chapter 1: Provides an overview of the Low-voltage (LV) Drives market, including product definition, global market growth prospects, production value, capacity, and average price forecasts (2021-2032).
Chapter 2: Analysis key trends, drivers, challenges, and opportunities within the global Low-voltage (LV) Drives industry.
Chapter 3: Detailed analysis of Low-voltage (LV) Drives market competition landscape. Including Low-voltage (LV) Drives manufacturers' output value, output and average price from 2021 to 2026, as well as competition analysis indicators such as origin, product type, application, merger and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 7: Production/Production Value of Low-voltage (LV) Drives by region. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 8: Consumption of Low-voltage (LV) Drives in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: Concluding Insights of the report.
More report detail
Tables and figures
Scope & coverage.
Types
- 0.75 - 2.1 kW
- 2.2 - 7.4 kW
- 7.5 - 45 kW
- 46 - 75 kW
- 76 - 110 kW
- 111 - 375 kW
- > 375 kW
Applications
- Food and Beverage
- Manufacturing
- Water & Wastewater
- Commercial HVAC
- Power Generation
- Metallurgy
- Infrastructure
- Automotive
Companies covered
- ABB Ltd.
- Schneider Electric
- Siemens Ltd
- Rockwell Automation
- Danfoss A/S
- YASKAWA Electric Corp.
- SEW Eurodrive GMBH & Co.KG
- Nidec Control Techniques Ltd.
- KEB Automation KG
- General Electric Co.
Inside the report.
1 Market Overview
- 1.1 Product Definition
- 1.2 Global Market Growth Prospects
- 1.2.1 Global Low-voltage (LV) Drives Production Value Estimates and Forecasts (2021-2032)
- 1.2.2 Global Low-voltage (LV) Drives Production Capacity Estimates and Forecasts (2021-2032)
- 1.2.3 Global Low-voltage (LV) Drives Production Estimates and Forecasts (2021-2032)
- 1.2.4 Global Low-voltage (LV) Drives Market Average Price (2021-2032)
- 1.3 Assumptions and Limitations
- 1.4 Study Goals and Objectives
2 Global Low-voltage (LV) Drives Market Dynamics
- 2.1 Low-voltage (LV) Drives Industry Trends
- 2.2 Low-voltage (LV) Drives Industry Drivers
- 2.3 Low-voltage (LV) Drives Industry Opportunities and Challenges
- 2.4 Low-voltage (LV) Drives Industry Restraints
3 Low-voltage (LV) Drives Market by Manufacturers
- 3.1 Global Low-voltage (LV) Drives Production Value by Manufacturers (2021-2026)
- 3.2 Global Low-voltage (LV) Drives Production by Manufacturers (2021-2026)
- 3.3 Global Low-voltage (LV) Drives Average Price by Manufacturers (2021-2026)
- 3.4 Global Low-voltage (LV) Drives Industry Manufacturers Ranking, 2024 VS 2025 VS 2026
- 3.5 Global Low-voltage (LV) Drives Key Manufacturers Manufacturing Sites & Headquarters
- 3.6 Global Low-voltage (LV) Drives Manufacturers, Product Type & Application
- 3.7 Global Low-voltage (LV) Drives Manufacturers Established Date
- 3.8 Market Competitive Analysis
- 3.8.1 Global Low-voltage (LV) Drives Market CR5 and HHI
- 3.8.2 Global Top 5 and 10 Low-voltage (LV) Drives Players Market Share by Production Value in 2025
- 3.8.3 2025 Low-voltage (LV) Drives Tier 1, Tier 2, and Tier 3
4 Low-voltage (LV) Drives Market by Type
- 4.1 Low-voltage (LV) Drives Type Introduction
- 4.1.1 0.75 - 2.1 kW
- 4.1.2 2.2 - 7.4 kW
- 4.1.3 7.5 - 45 kW
- 4.1.4 46 - 75 kW
- 4.1.5 76 - 110 kW
- 4.1.6 111 - 375 kW
- 4.1.7 > 375 kW
- 4.2 Global Low-voltage (LV) Drives Production by Type
- 4.2.1 Global Low-voltage (LV) Drives Production by Type (2021 VS 2025 VS 2032)
- 4.2.2 Global Low-voltage (LV) Drives Production by Type (2021-2032)
- 4.2.3 Global Low-voltage (LV) Drives Production Market Share by Type (2021-2032)
- 4.3 Global Low-voltage (LV) Drives Production Value by Type
- 4.3.1 Global Low-voltage (LV) Drives Production Value by Type (2021 VS 2025 VS 2032)
- 4.3.2 Global Low-voltage (LV) Drives Production Value by Type (2021-2032)
- 4.3.3 Global Low-voltage (LV) Drives Production Value Market Share by Type (2021-2032)
5 Low-voltage (LV) Drives Market by Application
- 5.1 Low-voltage (LV) Drives Application Introduction
- 5.1.1 Food and Beverage
- 5.1.2 Manufacturing
- 5.1.3 Water & Wastewater
- 5.1.4 Commercial HVAC
- 5.1.5 Power Generation
- 5.1.6 Metallurgy
- 5.1.7 Infrastructure
- 5.1.8 Automotive
- 5.2 Global Low-voltage (LV) Drives Production by Application
- 5.2.1 Global Low-voltage (LV) Drives Production by Application (2021 VS 2025 VS 2032)
- 5.2.2 Global Low-voltage (LV) Drives Production by Application (2021-2032)
- 5.2.3 Global Low-voltage (LV) Drives Production Market Share by Application (2021-2032)
- 5.3 Global Low-voltage (LV) Drives Production Value by Application
- 5.3.1 Global Low-voltage (LV) Drives Production Value by Application (2021 VS 2025 VS 2032)
- 5.3.2 Global Low-voltage (LV) Drives Production Value by Application (2021-2032)
- 5.3.3 Global Low-voltage (LV) Drives Production Value Market Share by Application (2021-2032)
6 Company Profiles
- 6.1 ABB Ltd.
- 6.1.1 ABB Ltd. Company Information
- 6.1.2 ABB Ltd. Business Overview
- 6.1.3 ABB Ltd. Low-voltage (LV) Drives Production, Value and Gross Margin (2021-2026)
- 6.1.4 ABB Ltd. Low-voltage (LV) Drives Product Portfolio
- 6.1.5 ABB Ltd. Recent Developments
- 6.2 Schneider Electric
- 6.2.1 Schneider Electric Company Information
- 6.2.2 Schneider Electric Business Overview
- 6.2.3 Schneider Electric Low-voltage (LV) Drives Production, Value and Gross Margin (2021-2026)
- 6.2.4 Schneider Electric Low-voltage (LV) Drives Product Portfolio
- 6.2.5 Schneider Electric Recent Developments
- 6.3 Siemens Ltd
- 6.3.1 Siemens Ltd Company Information
- 6.3.2 Siemens Ltd Business Overview
- 6.3.3 Siemens Ltd Low-voltage (LV) Drives Production, Value and Gross Margin (2021-2026)
- 6.3.4 Siemens Ltd Low-voltage (LV) Drives Product Portfolio
- 6.3.5 Siemens Ltd Recent Developments
- 6.4 Rockwell Automation
- 6.4.1 Rockwell Automation Company Information
- 6.4.2 Rockwell Automation Business Overview
- 6.4.3 Rockwell Automation Low-voltage (LV) Drives Production, Value and Gross Margin (2021-2026)
- 6.4.4 Rockwell Automation Low-voltage (LV) Drives Product Portfolio
- 6.4.5 Rockwell Automation Recent Developments
- 6.5 Danfoss A/S
- 6.5.1 Danfoss A/S Company Information
- 6.5.2 Danfoss A/S Business Overview
- 6.5.3 Danfoss A/S Low-voltage (LV) Drives Production, Value and Gross Margin (2021-2026)
- 6.5.4 Danfoss A/S Low-voltage (LV) Drives Product Portfolio
- 6.5.5 Danfoss A/S Recent Developments
- 6.6 YASKAWA Electric Corp.
- 6.6.1 YASKAWA Electric Corp. Company Information
- 6.6.2 YASKAWA Electric Corp. Business Overview
- 6.6.3 YASKAWA Electric Corp. Low-voltage (LV) Drives Production, Value and Gross Margin (2021-2026)
- 6.6.4 YASKAWA Electric Corp. Low-voltage (LV) Drives Product Portfolio
- 6.6.5 YASKAWA Electric Corp. Recent Developments
- 6.7 SEW Eurodrive GMBH & Co.KG
- 6.7.1 SEW Eurodrive GMBH & Co.KG Company Information
- 6.7.2 SEW Eurodrive GMBH & Co.KG Business Overview
- 6.7.3 SEW Eurodrive GMBH & Co.KG Low-voltage (LV) Drives Production, Value and Gross Margin (2021-2026)
- 6.7.4 SEW Eurodrive GMBH & Co.KG Low-voltage (LV) Drives Product Portfolio
- 6.7.5 SEW Eurodrive GMBH & Co.KG Recent Developments
- 6.8 Nidec Control Techniques Ltd.
- 6.8.1 Nidec Control Techniques Ltd. Company Information
- 6.8.2 Nidec Control Techniques Ltd. Business Overview
- 6.8.3 Nidec Control Techniques Ltd. Low-voltage (LV) Drives Production, Value and Gross Margin (2021-2026)
- 6.8.4 Nidec Control Techniques Ltd. Low-voltage (LV) Drives Product Portfolio
- 6.8.5 Nidec Control Techniques Ltd. Recent Developments
- 6.9 KEB Automation KG
- 6.9.1 KEB Automation KG Company Information
- 6.9.2 KEB Automation KG Business Overview
- 6.9.3 KEB Automation KG Low-voltage (LV) Drives Production, Value and Gross Margin (2021-2026)
- 6.9.4 KEB Automation KG Low-voltage (LV) Drives Product Portfolio
- 6.9.5 KEB Automation KG Recent Developments
- 6.10 General Electric Co.
- 6.10.1 General Electric Co. Company Information
- 6.10.2 General Electric Co. Business Overview
- 6.10.3 General Electric Co. Low-voltage (LV) Drives Production, Value and Gross Margin (2021-2026)
- 6.10.4 General Electric Co. Low-voltage (LV) Drives Product Portfolio
- 6.10.5 General Electric Co. Recent Developments
7 Global Low-voltage (LV) Drives Production by Region
- 7.1 Global Low-voltage (LV) Drives Production by Region: 2021 VS 2025 VS 2032
- 7.2 Global Low-voltage (LV) Drives Production by Region (2021-2032)
- 7.2.1 Global Low-voltage (LV) Drives Production by Region (2021-2026)
- 7.2.2 Global Low-voltage (LV) Drives Production Forecast by Region (2027-2032)
- 7.3 Global Low-voltage (LV) Drives Production by Region: 2021 VS 2025 VS 2032
- 7.4 Global Low-voltage (LV) Drives Production Value by Region (2021-2032)
- 7.4.1 Global Low-voltage (LV) Drives Production Value by Region (2021-2026)
- 7.4.2 Global Low-voltage (LV) Drives Production Value by Region (2027-2032)
- 7.5 Global Low-voltage (LV) Drives Market Price Analysis by Region (2021-2032)
- 7.6 Regional Production Value Trends (2021-2032)
- 7.6.1 North America Low-voltage (LV) Drives Production Value (2021-2032)
- 7.6.2 Europe Low-voltage (LV) Drives Production Value (2021-2032)
- 7.6.3 Asia-Pacific Low-voltage (LV) Drives Production Value (2021-2032)
- 7.6.4 South America Low-voltage (LV) Drives Production Value (2021-2032)
- 7.6.5 Middle East & Africa Low-voltage (LV) Drives Production Value (2021-2032)
8 Global Low-voltage (LV) Drives Consumption by Region
- 8.1 Global Low-voltage (LV) Drives Consumption by Region: 2021 VS 2025 VS 2032
- 8.2 Global Low-voltage (LV) Drives Consumption by Region (2021-2032)
- 8.2.1 Global Low-voltage (LV) Drives Consumption by Region (2021-2026)
- 8.2.2 Global Low-voltage (LV) Drives Consumption by Region (2027-2032)
- 8.3 North America
- 8.3.1 North America Low-voltage (LV) Drives Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.3.2 North America Low-voltage (LV) Drives Consumption by Country (2021-2032)
- 8.3.3 U.S.
- 8.3.4 Canada
- 8.3.5 Mexico
- 8.4 Europe
- 8.4.1 Europe Low-voltage (LV) Drives Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.4.2 Europe Low-voltage (LV) Drives Consumption by Country (2021-2032)
- 8.4.3 Germany
- 8.4.4 France
- 8.4.5 U.K.
- 8.4.6 Italy
- 8.4.7 Netherlands
- 8.5 Asia Pacific
- 8.5.1 Asia Pacific Low-voltage (LV) Drives Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.5.2 Asia Pacific Low-voltage (LV) Drives Consumption by Country (2021-2032)
- 8.5.3 China
- 8.5.4 Japan
- 8.5.5 South Korea
- 8.5.6 Southeast Asia
- 8.5.7 India
- 8.5.8 Australia
- 8.6 South America
- 8.6.1 South America Low-voltage (LV) Drives Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.6.2 South America Low-voltage (LV) Drives Consumption by Country (2021-2032)
- 8.6.3 Brazil
- 8.6.4 Argentina
- 8.6.5 Chile
- 8.6.6 Colombia
- 8.7 Middle East & Africa
- 8.7.1 Middle East & Africa Low-voltage (LV) Drives Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.7.2 Middle East & Africa Low-voltage (LV) Drives Consumption by Country (2021-2032)
- 8.7.3 Egypt
- 8.7.4 South Africa
- 8.7.5 Israel
- 8.7.6 Türkiye
- 8.7.7 GCC Countries
9 Value Chain and Sales Channels Analysis
- 9.1 Low-voltage (LV) Drives Value Chain Analysis
- 9.1.1 Low-voltage (LV) Drives Key Raw Materials
- 9.1.2 Raw Materials Key Suppliers
- 9.1.3 Manufacturing Cost Structure
- 9.1.4 Low-voltage (LV) Drives Production Mode & Process
- 9.2 Low-voltage (LV) Drives Sales Channels Analysis
- 9.2.1 Direct Comparison with Distribution Share
- 9.2.2 Low-voltage (LV) Drives Distributors
- 9.2.3 Low-voltage (LV) Drives Customers
10 Concluding Insights
11 Appendix
- 11.1 Reasons for Doing This Study
- 11.2 Research Methodology
- 11.3 Research Process
- 11.4 Authors List of This Report
- 11.5 Data Source
- 11.5.1 Secondary Sources
- 11.5.2 Primary Sources
- 11.6 Disclaimer
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