Medium and high voltage motors market was valued at $XX Million in 2019 and is expected to reach $XX Million by 2027; growing at a CAGR of XX% from 2020 to 2027. Energy efficiency has been one of the major factors burgeoning the growth of medium and high voltage motors market. Further, strict government regulations across different countries is further raising the demand for different kind of motors with safety standards. The world is now moving from normal motors to ATEX motors. Medium and high voltage motors are expected to find increased applications across industrial and manufacturing sector primarily. However, lack of awareness about these motors is slightly restraining the market growth; however, in the coming time the industry is expected to overcome this inhibiting factor.
The medium and high voltage market is segmented by type, by product, by application and by geography. By type the market is segmented into medium voltage motors and high voltage motors. By product the market is segmented into AC motors and DC motors. By application, the segments covered under the scope of the report are Automotive, HVAC equipment, Industrial machinery, Aerospace & transportation and Commercial.
By geography the market is segmented into North America, Europe, Asia Pacific and Rest of the World (RoW). Further, these geographies have been further bifurcated into countries. North America covers the U.S., Mexico and Canada. Europe covers UK, France, Italy, Germany, Spain, Russia and Rest of Europe. Asia Pacific is further segmented into China, India, South Korea, Taiwan, Singapore and Rest of Asia Pacific. Rest of the World (RoW) covers South & Central America, Middle East and Africa.
The key players in the market are Hyundai Heavy Industries, Toshiba Corporation, WEG SA, TECO Electric & Machinery Co. Ltd, ATB Group, Industrial Systems Performance Group, General Electric Corporation, LEZ Ruselprom, Hyosung Voltage, ABB Ltd, Shandong Huali Electric Motor Group, Baldor Electric Company, Inc., Siemens AG, Asmo Co., Ltd., Rockwell Automation Inc., GE, Allied Motion Technologies Inc., Regal Beloit Corp., Ametek, Inc., Brook Crompton UK Ltd, Hoyer Motors, ARC Systems, Inc., Danaher Motion LLC, Franklin Electric Co., Inc and Johnson Electric Holdings Ltd among others.
Scope of Medium and high Voltage Motors Market
Medium And high Voltage Motors Voltage Outlook (USD Million, 2019 - 2027)
o Medium voltage
o high voltage

• Medium Voltage Motors Product Outlook (USD Million, 2019 - 2027)
o AC motor
• DC motor

Medium And high Voltage Motors Application Outlook (USD Million, 2019 - 2027)
o Automotive
o HVAC equipment
o Industrial machinery
o Aerospace & transportation
o Commercial