Africa Low-Voltage Electric Motors Market Share

Market Share of Africa Low-Voltage Electric Motors Industry

The Africa Low-Voltage Electric Motors Market is fragemented due to the presence of small and large players, like ABB Ltd, Siemens AG, Toshiba International Corporation, WEG, and Nidec Corporation.

• October 2023 - WEG undertook significant steps toward increasing its presence in Uganda and expanding its footprint in the East African market through a partnership with Petrok as a value-added reseller (VAR). This expansion would be facilitated by Petrok's local presence and technology know-how, together with the reliability of WEG products on the market. Through this critical step, the company would improve its market position in Uganda using a series of low-voltage electric motors.
• May 2023 - ABB Ltd successfully concluded the acquisition of Siemens' low voltage NEMA motor business, in line with the Motion business area's strategy for lucrative expansion. This transaction bolsters ABB's standing as a prominent industrial NEMA motor producer while furnishing a more robust foundation for enhanced global customer service capabilities.

Africa Low-Voltage Electric Motors Market Leaders

1. ABB Ltd

2. Siemens AG

3. Toshiba International Corporation

4. WEG

5. Nidec Corporation

*Disclaimer: Major Players sorted in no particular order