
Study Period | 2019 - 2030 |
Base Year For Estimation | 2024 |
Forecast Data Period | 2025 - 2030 |
CAGR | 4.30 % |
Fastest Growing Market | Asia-Pacific |
Largest Market | North America |
Market Concentration | Low |
Major Players![]() *Disclaimer: Major Players sorted in no particular order |
Low Voltage Electric Drives Market Analysis
The Global Low Voltage Electric Drives Market is expected to register a CAGR of 4.3% during the forecast period.
The low voltage electric motors industry is experiencing significant transformation driven by the increasing focus on industrial automation and energy efficiency. Manufacturing production in Africa demonstrated robust growth, increasing by 1.6% in August 2023 compared to the previous year, with notable contributions from the petroleum, chemical products, rubber, and plastic products sectors. The integration of smart connected devices and IoT technologies into manufacturing processes has become increasingly prevalent, as companies seek to optimize their operations through intelligent motor control systems and analysis software. According to ABB Ltd's report, global energy usage is projected to grow by 50% by 2050, with electric motors consuming approximately 70% of the energy used in industrial applications, highlighting the critical importance of energy-efficient electric motor drives solutions.
The industry's landscape is being reshaped by substantial developments in infrastructure and manufacturing capabilities across Africa. Mineral production in South Africa reached a historic milestone of 1.18 trillion rand in 2022, marking the first time the industry has crossed the trillion-rand threshold. This surge in industrial activity has created increased demand for reliable and efficient motor controller solutions across various applications, from material handling to processing equipment. The food and beverage sector has emerged as a particularly dynamic market, with Africa's imports projected to reach EUR 92.41 billion by 2025, necessitating advanced power electronics solutions for processing and packaging applications.
The market is witnessing significant technological advancements in motor control systems and efficiency optimization. Low voltage electric motors are evolving to incorporate features such as stepless and smooth speed control, enhanced torque management, and improved diagnostic capabilities. These innovations are particularly evident in applications such as conveyor systems, pumps, fans, and integrated machinery, where precise control and reliability are paramount. The integration of digital technologies has enabled predictive maintenance capabilities and real-time performance monitoring, contributing to improved operational efficiency and reduced downtime.
The industry's supply chain dynamics continue to evolve, influenced by global raw material availability and pricing fluctuations. The market has demonstrated resilience through diversification of supply sources and adoption of strategic inventory management practices. Manufacturers are increasingly focusing on developing more sustainable products while managing cost pressures and market volatility. The emphasis on local manufacturing capabilities has gained momentum, with several companies establishing production facilities in key African markets to better serve regional demand and reduce dependency on imports.
Low Voltage Electric Drives Market Trends
Rising Investment in Manufacturing Sector
The manufacturing sector across Africa is experiencing substantial growth driven by increasing domestic and foreign investments, creating robust demand for low-voltage electric motors and industrial automation drives. Manufacturing production demonstrated strong momentum with a 1.6% increase in August 2023 compared to the previous year, with significant contributions from petroleum, chemical products, rubber, and plastic products sectors showing 7.2% growth. The investment landscape has been particularly dynamic in key markets like Nigeria, where foreign investments in the manufacturing sector surged by 88.17% year-over-year to reach USD 861.16 million in the first half of 2023, while local manufacturers increased their investments by 8.1% to N192.89 billion in the same period, reflecting growing confidence in the sector's potential.
The region is witnessing transformative initiatives aimed at boosting manufacturing capabilities and technological advancement. In January 2023, SEforALL and the African Climate Foundation launched the Africa Renewable Energy Manufacturing Initiative (AREMI) to catalyze investment in renewable energy manufacturing capacities. Additionally, significant cross-border collaborations are emerging, such as the USD 10 billion industrial partnership between Egypt, Jordan, and the UAE announced in May 2022, focusing on strategic sectors including pharmaceuticals, agriculture, food manufacturing, petrochemicals, metals, and minerals. The manufacturing sector's modernization is further exemplified by Tunisia's launch of the "NEOTEX" Industry 4.0 Competence Centre in July 2023, supporting textile sector development through advanced manufacturing technologies. These developments, coupled with the Brookings Institution's projection of manufacturing revenue output reaching USD 930 billion by 2025, underscore the sector's robust growth trajectory and increasing demand for industrial automation solutions, including low-voltage electric motors, variable frequency drives, and industrial motor drives. The integration of electric powertrain technologies and advancements in the power electronics industry are also contributing to the sector's evolution.
Segment Analysis: End-User Industry
Oil & Gas Segment in Africa Low Voltage Electric Motors Market
The oil and gas segment dominates the Africa low voltage electric motors market, commanding approximately 29% market share in 2024. This significant market position is driven by the extensive use of low-voltage electric motors in various critical applications within the oil and gas industry, including pump drives and compressor systems, offshore drilling operations, and processing facilities. The segment's prominence is further reinforced by major developments in African oil and gas infrastructure, particularly in countries like Nigeria, Angola, and Algeria. These motors are specifically engineered to function reliably in challenging environments, prioritizing both personnel and equipment safety while serving as the primary driving force for various equipment in the upstream sector.

Food & Beverages Segment in Africa Low Voltage Electric Motors Market
The food and beverages segment is emerging as the fastest-growing sector in the Africa low voltage electric motors market, with a projected growth rate of approximately 4% during 2024-2029. This robust growth is primarily driven by the increasing automation in food processing facilities, where these motors are essential for conveyor drive systems, mixing and blending equipment, packaging machinery, and refrigeration systems. The segment's expansion is further supported by significant investments in food manufacturing infrastructure across Africa, particularly in countries like South Africa, Egypt, and Morocco. The increasing focus on food safety, hygiene standards, and the need for efficient processing operations continues to drive the adoption of advanced low voltage electric motors in this sector.
Remaining Segments in End-User Industry
The other segments in the market include chemicals and petrochemicals, power generation, metal and mining, water and wastewater, automotive and manufacturing, and other discrete industries. The metal and mining sector represents a significant portion of the market, driven by the continent's rich mineral resources and ongoing mining operations. The water and wastewater segment is gaining prominence due to increasing infrastructure development and environmental regulations. The automotive and manufacturing segment is benefiting from the growing industrialization across Africa, while the chemicals and petrochemicals sector continues to require specialized motors for hazardous environments. The power generation segment remains crucial for energy infrastructure development, and other discrete industries contribute to the market's diversity through various specialized applications, including HVAC drives and servo drives.
Global Low Voltage Electric Drives Market Geography Segment Analysis
Low Voltage Electric Motors Market in South Africa
South Africa, as the most industrialized nation in Africa, commands approximately 30% of the region's low voltage electric motors market in 2024. The country's non-dependence on oil and gas differentiates it from other African nations, with mining and manufacturing being the primary contributors to its industrial landscape. The mining sector alone contributed 7.53% to the country's total GDP in 2022, employing over 475,000 people. The nation's commitment to industrial automation and Industry 4.0 technologies has created a robust ecosystem for low voltage electric motors, particularly in automated systems requiring precise control and reliable performance. The country's transition towards a zero-carbon economy, supported by initiatives like the Framework for Just Transition, has further accelerated the demand for energy-efficient motor solutions. South Africa's automotive sector, which ranks 21st globally in vehicle production, has also emerged as a significant consumer of low voltage electric motors, especially with the growing focus on electric vehicle manufacturing. The integration of industrial drives and frequency converter market solutions is pivotal in enhancing the efficiency of these systems.

Low Voltage Electric Motors Market in Morocco
Morocco is projected to witness a growth rate of approximately 4% in its low voltage electric motors market from 2024 to 2029. The country has established itself as a prominent automotive manufacturing hub, with its automotive sector achieving remarkable export values of MAD 70.9 billion in the first half of 2023. The presence of established manufacturers like Dacia, Renault, and Peugeot, alongside new entrants such as BYD and Volkswagen, has created substantial demand for low voltage electric motors in manufacturing operations. The country's commitment to renewable energy development, with a current production capacity of 4,030 MW and an additional 4,516 MW planned, has opened new avenues for motor applications in power generation facilities. Morocco's strategic focus on water and wastewater treatment infrastructure, coupled with significant investments in industrial automation, has further strengthened the market for low voltage electric motors across various applications. The AC drives market is also expanding, supporting the diverse needs of the manufacturing sector.
Low Voltage Electric Motors Market in Egypt
Egypt's low voltage electric motors market is driven by its robust manufacturing sector, guided by two strategic initiatives: the Sustainable Development Strategy: Egypt Vision 2030 and the Industry and Trade Development Strategy. The country's partnership with global technology leaders for electrification and automation has created a strong foundation for market growth. The establishment of local manufacturing capabilities through strategic partnerships, such as Elsewedy Electric's collaboration with Wolong Electric, has enhanced the domestic production capacity for electric motors. Egypt's focus on developing its industrial zones, coupled with significant investments in the pharmaceuticals, agriculture, food manufacturing, and petrochemicals sectors, has created diverse applications for low voltage electric motors. The country's digitalization drive, supported by the ICT Strategy 2030 and Digital Egypt initiatives, has further accelerated the adoption of automated solutions across industries. The growing motor controller market is crucial for managing these advanced systems.
Low Voltage Electric Motors Market in Algeria
Algeria's position as the largest country in Africa by area and its significant hydrocarbon sector have created substantial opportunities for low voltage electric motor applications. The country's focus on renewable energy development, particularly solar power projects, has opened new avenues for motor applications in power generation facilities. The establishment of local manufacturing facilities, such as WEG's motor production plant with a capacity of over one million motors per year, demonstrates the market's growth potential. Algeria's commitment to sustainable development, evidenced by initiatives in electric vehicle infrastructure and wastewater treatment facilities, has diversified the application scope for low voltage electric motors. The country's strategic location and strong industrial base have attracted significant investments in manufacturing and processing facilities, further driving the demand for motor solutions. The DC drives market is expected to play a significant role in supporting these developments.
Low Voltage Electric Motors Market in Other Countries
The low voltage electric motors market in other African countries, including Tunisia, Libya, and the Sub-Saharan region comprising Nigeria, Ghana, Tanzania, and Kenya, presents diverse growth opportunities across various industrial sectors. These markets are characterized by increasing investments in manufacturing capabilities, renewable energy projects, and infrastructure development. The Sub-Saharan region, in particular, has shown significant potential in automotive manufacturing, food processing, and mining operations. Countries like Nigeria and Ghana are actively developing their electric vehicle infrastructure, while Tanzania and Kenya are focusing on expanding their manufacturing capabilities. The growing emphasis on industrial automation and energy efficiency across these nations has created a favorable environment for the adoption of low voltage electric motors, particularly in water treatment, mining, and manufacturing applications. The integration of industrial drives is essential for optimizing performance and energy use in these sectors.
Low Voltage Electric Drives Industry Overview
Top Companies in African Low Voltage Electric Motors Market
The African low voltage electric motors market features prominent global players like ABB, Siemens, Toshiba, WEG, Nidec Corporation, and Kirloskar Oil Engines Limited, among others. These companies are increasingly focusing on product innovation through significant R&D investments, particularly in developing energy-efficient motors that comply with international standards and regional regulations. Operational agility is being enhanced through digitalization initiatives and smart manufacturing processes, while strategic partnerships with local distributors and system integrators are strengthening market presence. Companies are expanding their footprint through value-added reseller networks and establishing service centers to provide better after-sales support. The market is witnessing a strong emphasis on sustainable manufacturing practices and the development of motors specifically designed for harsh industrial environments common in African applications.
Global Leaders Dominate African Motor Market
The competitive landscape is characterized by the strong presence of multinational corporations that leverage their global expertise and technological capabilities to serve the African market. These companies typically operate through regional subsidiaries or partnerships with local entities, combining international quality standards with localized service delivery. The market structure shows moderate consolidation, with major players controlling significant market share through their established brand reputation and comprehensive product portfolios spanning various power ranges and applications.
Market dynamics are shaped by strategic acquisitions and partnerships, as evidenced by recent moves such as ABB's acquisition of Siemens' low voltage NEMA motor business and WEG's expansion through regional partnerships in East Africa. Local players are gradually emerging, particularly in South Africa and North African countries, though they primarily focus on specific market segments or operate as authorized distributors for global manufacturers. The competitive environment is further influenced by the increasing presence of Asian manufacturers, particularly from China and Japan, who are targeting the market with cost-competitive offerings. The integration of power electronics solutions is becoming increasingly important for these companies to enhance their offerings and maintain a competitive edge.
Innovation and Localization Drive Market Success
Success in the African low voltage electric motors market increasingly depends on companies' ability to balance technological advancement with market-specific requirements. Manufacturers must focus on developing products that offer superior energy efficiency while maintaining reliability in challenging operating conditions common across African industrial applications. The ability to provide comprehensive solutions, including motor control systems and digital monitoring capabilities, is becoming crucial for maintaining a competitive advantage. Companies are also finding success through customization capabilities and the establishment of local manufacturing facilities to reduce lead times and transportation costs.
Future market leadership will require strong after-sales service networks and the ability to provide technical support across diverse geographical locations. Companies must navigate complex regulatory environments while addressing the growing demand for sustainable solutions in line with regional environmental policies. Success factors include developing strong relationships with end-users in key industries such as mining, oil and gas, and manufacturing, while also maintaining price competitiveness against lower-cost alternatives. The ability to offer financing solutions and flexible payment terms is becoming increasingly important, particularly for larger industrial projects where capital constraints can impact purchasing decisions. The adoption of variable frequency drive technologies is also crucial in optimizing the performance of electric motor drives in various applications, thereby enhancing energy efficiency and operational effectiveness.
Low Voltage Electric Drives Market Leaders
-
ABB Limited
-
Siemens AG
-
Hitachi, Ltd.
-
Nidec Corporation
-
Rockwell Automation
- *Disclaimer: Major Players sorted in no particular order

Low Voltage Electric Drives Market News
- March 2022 - A contract between Harju Elekter UAB and U.S. Steel Corporation (Exploratory Ventures LLC) was signed in March 2022 to produce low voltage drives and MCC systems to manage 1500 motors at the new Big River Steel complex in Arkansas. Production and deliveries will continue up to April 2023. The contract is worth approximately EUR 10 million.
Low Voltage Electric Drives Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study assumptions and market definition
- 1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET INSIGHTS
- 4.1 Market Overview
-
4.2 Industry Attractiveness -Porter's Five Forces Analysis
- 4.2.1 Threat of New Entrants
- 4.2.2 Bargaining Power of Buyers/Consumers
- 4.2.3 Bargaining Power of Suppliers
- 4.2.4 Threat of Substitute Products
- 4.2.5 Intensity of Competitive Rivalry
- 4.3 Industry Value Chain Analysis
- 4.4 Impact of COVID-19 on the Market
5. MARKET DYNAMICS
-
5.1 Market Drivers
- 5.1.1 Increasing focus toward energy efficiency and energy levels
- 5.1.2 Accelerating the Automotive Industry's Growth
-
5.2 Market Challenges
- 5.2.1 High Implementation Cost
6. MARKET SEGMENTATION
-
6.1 Type
- 6.1.1 AC Drives
- 6.1.2 DC Drives
- 6.1.3 Servo Drives
-
6.2 End-User Industry
- 6.2.1 Automotive
- 6.2.2 Oil & Gas
- 6.2.3 Chemical & Petrochemical
- 6.2.4 F&B
- 6.2.5 Water & Wastewater
- 6.2.6 Power Generation
- 6.2.7 Metal & Mining
- 6.2.8 Pulp & Paper
- 6.2.9 HVAC
- 6.2.10 Discrete Industries
- 6.2.11 Other End-user Industries
-
6.3 Geography
- 6.3.1 North America
- 6.3.1.1 United States
- 6.3.1.2 Canada
- 6.3.2 Europe
- 6.3.2.1 United Kingdom
- 6.3.2.2 Germany
- 6.3.2.3 Italy
- 6.3.2.4 France
- 6.3.2.5 Russia
- 6.3.2.6 Rest of Europe
- 6.3.3 Asia-Pacific
- 6.3.3.1 China
- 6.3.3.2 India
- 6.3.3.3 Japan
- 6.3.3.4 South Korea
- 6.3.3.5 Australia & New Zealand
- 6.3.3.6 Rest of Asia-Pacific
- 6.3.4 Latin America
- 6.3.4.1 Brazil
- 6.3.4.2 Mexico
- 6.3.4.3 Chile
- 6.3.4.4 Rest of Latin America
- 6.3.5 Middle-East and Africa
- 6.3.5.1 United Arab Emirates
- 6.3.5.2 Saudi Arabia
- 6.3.5.3 Turkey
- 6.3.5.4 Rest of Middle-East and Africa
7. VENDOR MARKET SHARE
8. COMPETITIVE LANDSCAPE
-
8.1 Company Profiles
- 8.1.1 ABB Ltd.
- 8.1.2 Siemens AG
- 8.1.3 Hitachi, Ltd.
- 8.1.4 Nidec Corporation
- 8.1.5 Rockwell Automation
- 8.1.6 Beckhoff Automation
- 8.1.7 Johnson Controls
- 8.1.8 Yaskawa America, Inc.
- 8.1.9 Schneider Electric
- 8.1.10 Hiconics Eco-energy Technology Co., Ltd.
- 8.1.11 Schneider Electric, Fuji Electric Co., Ltd.,
- 8.1.12 CG Power & Industrial Solutions Ltd.
- *List Not Exhaustive
9. INVESTMENT ANALYSIS
10. FUTURE MARKET OUTLOOK
Low Voltage Electric Drives Industry Segmentation
The study on the global low-voltage electric drive market contains a detailed segmentation by type, end-user, and geography. Several incentive programs in the United States and Europe to replace low-efficiency electric motors early will likely stimulate demand for low-voltage AC drives. Furthermore, due to the increasing implementation of Industry 4.0 policies, there is a significant demand for automation in the manufacturing, power generation, metal and mining, and discrete industry sectors.
Type | AC Drives | ||
DC Drives | |||
Servo Drives | |||
End-User Industry | Automotive | ||
Oil & Gas | |||
Chemical & Petrochemical | |||
F&B | |||
Water & Wastewater | |||
Power Generation | |||
Metal & Mining | |||
Pulp & Paper | |||
HVAC | |||
Discrete Industries | |||
Other End-user Industries | |||
Geography | North America | United States | |
Canada | |||
Europe | United Kingdom | ||
Germany | |||
Italy | |||
France | |||
Russia | |||
Rest of Europe | |||
Asia-Pacific | China | ||
India | |||
Japan | |||
South Korea | |||
Australia & New Zealand | |||
Rest of Asia-Pacific | |||
Latin America | Brazil | ||
Mexico | |||
Chile | |||
Rest of Latin America | |||
Middle-East and Africa | United Arab Emirates | ||
Saudi Arabia | |||
Turkey | |||
Rest of Middle-East and Africa |
Low Voltage Electric Drives Market Research FAQs
What is the current Global Low Voltage Electric Drives Market size?
The Global Low Voltage Electric Drives Market is projected to register a CAGR of 4.3% during the forecast period (2025-2030)
Who are the key players in Global Low Voltage Electric Drives Market?
ABB Limited, Siemens AG, Hitachi, Ltd., Nidec Corporation and Rockwell Automation are the major companies operating in the Global Low Voltage Electric Drives Market.
Which is the fastest growing region in Global Low Voltage Electric Drives Market?
Asia-Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).
Which region has the biggest share in Global Low Voltage Electric Drives Market?
In 2025, the North America accounts for the largest market share in Global Low Voltage Electric Drives Market.
What years does this Global Low Voltage Electric Drives Market cover?
The report covers the Global Low Voltage Electric Drives Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Global Low Voltage Electric Drives Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.
Our Best Selling Reports
Global Low Voltage Electric Drives Market Research
Mordor Intelligence provides a comprehensive analysis of the power electronics industry, focusing on industrial drives and motor control systems. Our extensive research covers the full range of electric motor drives, including AC drives, DC drives, and variable frequency drives. The report offers detailed insights into servo drives applications, frequency converter technologies, and adjustable speed drives implementations across various sectors. Available as an easy-to-read report PDF for download, our analysis also explores emerging technologies in PWM drives and motion control drives.
The report delivers valuable insights for stakeholders into industrial motor drives applications, ranging from HVAC drives to pump drives and conveyor drives. Our analysis examines the increasing adoption of electric powertrain solutions and their impact on the power electronics market. The research covers advanced motor controller technologies, industrial automation drives, and emerging trends in the frequency converter market. Stakeholders gain a comprehensive understanding of market dynamics, technological innovations, and growth opportunities across the power electronics ecosystem. This is supported by a detailed analysis of the variable frequency drives market and regional market developments.