저전압 전기 구동 : 시장 점유율 분석, 업계 동향 및 통계, 성장 예측(2026-2031년)

According to Mordor Intelligence, the low voltage electric drives market size is expected to increase from USD 16.35 billion in 2025 to USD 17.13 billion in 2026 and reach USD 21.54 billion by 2031, growing at a CAGR of 4.69% over 2026-2031.

This report is Segmented by Drive Type (AC Drives, DC Drives, and Servo Drives), Power Rating (Up To 5 KW, 5-50 KW, 50-200 KW, and Above 200 KW), End-User Industry (Automotive and EV Manufacturing, Oil and Gas, Chemical and Petrochemical, Food and Beverage, Water and Wastewater, Power Generation, Metals and Mining, and More), and Geography. Market Forecasts are Provided in Terms of Value (USD).

Global Low Voltage Electric Drives Market Trends and Insights

Mandatory Energy-Efficiency Regulations for Industrial Motors

New IE5 classifications in IEC 60034-30-1:2025 and system-level ratings in IEC 61800-9-2 are significantly driving the replacement of older IE2 motors. The EU's Ecodesign Regulation 2021/341 and China's GB 18613-2020 have effectively rendered inefficient motors obsolete, creating a surge in retrofit demand. These retrofits can result in substantial cost savings, with approximately USD 2,400 saved annually on a 100 kW machine operating for 6,000 hours. Additionally, sites certified under ISO 50001 are at risk of facing audit penalties if they continue to operate non-compliant assets. Furthermore, the EU Taxonomy directly links green-bond eligibility to documented energy savings achieved through drive systems, emphasizing the critical financial implications of adhering to these regulations and standards.

Rapid Automation in Discrete Manufacturing and Packaging Lines

In the Asia-Pacific region, the demand for servo systems is experiencing significant growth, primarily driven by the increasing need for high precision and speed in various industries. Electronics, textiles, and food-packaging plants now require systems capable of achieving +-0.01 mm accuracy and sub-200 millisecond cycles, which has been a major factor contributing to the rising adoption of servo systems. Yaskawa, a prominent player in the servo market, reported a notable 23% year-on-year increase in servo shipments to China during fiscal 2025. A substantial portion of these shipments was utilized in applications such as smartphone manufacturing and battery-module assembly, highlighting the growing importance of servo systems in advanced production processes. The adoption of converging industrial-Ethernet protocols has further enhanced operational efficiency by significantly reducing commissioning time, achieving a 40% decrease. This technological advancement has streamlined processes and improved productivity across industries. Moreover, the introduction of outcome-based leasing models has provided smaller firms with an opportunity to adopt servo systems without the burden of high upfront capital investment. These models allow companies to pay based on output units, effectively lowering the financial barriers to entry and enabling broader adoption of advanced automation solutions.

High Upfront Cost of Low-Harmonic Premium Drives

Active-front-end or multi-level designs are highly effective in reducing total harmonic distortion to below 5%. However, these advanced designs come with a significantly higher price tag, costing 40%-60% more than their six-pulse counterparts. This substantial cost premium creates a notable challenge for utilities and municipal water plants, particularly those operating under constrained financial conditions and tight budgets. The high initial investment required for these designs often deters organizations from adopting them, despite their technical advantages. Although leasing programs are available to alleviate the upfront financial burden, their adoption has been relatively slow. This slow uptake is especially evident in regions where power-quality regulations and enforcement remain weak or inconsistent, further hindering the widespread implementation of these advanced designs. As a result, many organizations continue to rely on less expensive alternatives, even if they do not offer the same level of performance or efficiency.

Other drivers and restraints analyzed in the detailed report include:

1. Expansion of HVAC Retrofits for Building Decarbonisation
2. Rise of Compact Integrated-Motor-Drive Architectures
3. Escalating Cybersecurity-Compliance Costs for IIoT-Connected Drives

For complete list of drivers and restraints, kindly check the Table Of Contents.

Segment Analysis

Despite AC drives commanding a dominant 71.23% of the revenue in 2025, servo units emerged as the fastest-growing segment in the low voltage electric drives market, boasting a projected CAGR of 8.41% from 2026 to 2031. While AC architectures prove cost-effective for pumps and conveyors, servo platforms, with their 0.01-degree resolution and 1-millisecond settling times, cater to the precise demands of smartphone and wearable devices, as well as battery-module assembly lines. These features make servo units indispensable in industries requiring high precision and rapid response times, further driving their adoption across various applications.

Yaskawa's Sigma-7 series, now featuring AI-driven vibration suppression that reduces mechanical resonance by 50%, is making inroads into China's bustling electronics hubs. This innovation enhances operational efficiency and minimizes downtime, making it a preferred choice for manufacturers in competitive markets. The allure of the integrated-motor-drive concept is undeniable: Nidec's IMD servo, by cutting cabinet space requirements by 40%, has caught the attention of packaging and textile OEMs. This space-saving design not only optimizes factory layouts but also reduces installation costs, adding to its appeal. While Inovance exerts pricing pressure by slashing prices up to 30% compared to Japanese and European competitors, established players counterbalance this challenge, safeguarding their margins through enhanced software offerings and comprehensive lifecycle services. These strategies enable incumbents to maintain their competitive edge while addressing evolving customer needs in a dynamic market environment.

Complete Report Scope:

• By Drive Type
  • AC Drives
  • DC Drives
  • Servo Drives
• By Power Rating
  • Up to 5 kW
  • 5 - 50 kW
  • 50 - 200 kW
  • Above 200 kW
• By End-User Industry
  • Automotive and EV Manufacturing
  • Oil and Gas
  • Chemical and Petrochemical
  • Food and Beverage
  • Water and Wastewater
  • Power Generation
  • Metals and Mining
  • Pulp and Paper
  • HVAC and Building Services
  • Discrete Industries (Electronics, Packaging, Textiles)
• By Geography
  • North America
    • United States
    • Canada
    • Mexico
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Europe
    • Germany
    • United Kingdom
    • France
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • South Korea
    • India
    • Australia
    • New Zealand
    • Rest of Asia-Pacific
  • Middle East and Africa
    • Middle East
      • United Arab Emirates
      • Saudi Arabia
      • Turkey
      • Rest of Middle East
    • Africa
      • South Africa
      • Nigeria
      • Kenya
      • Rest of Africa

Geography Analysis

Asia-Pacific owned 47.41% of the low voltage electric drives market in 2025 and is projected to expand at 7.11% CAGR through 2031. China's dual-carbon policy enforces IE3 motor efficiency above 0.75 kW and targets a 13.5% energy-intensity cut by 2025, stimulating about 800,000 annual drive retrofits. India's Production-Linked Incentive program funnels INR 738 billion (USD 8.9 billion) into electronics manufacturing, driving servo demand in surface-mount lines. Japan and South Korea supply high-precision servo exports, while Australia leans on VFDs for mining electrification.

Europe contributed 25% of 2025 revenue. The Ecodesign Regulation 2021/341 mandates VFD pairing with IE3 motors, and Directive 2024/1275 forces HVAC retrofits in buildings above 15 kW. Germany upgrades drives in automotive plants to meet Energiewende goals; the United Kingdom's Ofwat links water-utility allowances to VFD-driven savings. Spain is emerging as an EV-component hub, drawing servo orders for new battery lines.

North America represented 22% in 2025. The U.S. IIJA funds HVAC and water VFD retrofits in federal buildings, while the CHIPS Act drives premium low-harmonic units for semiconductor fabs. Canada electrifies oil-sands operations, and Mexico benefits from nearshored EV capacity. The Middle East focuses on desalination and district cooling, whereas South Africa and Nigeria retrofit mining and cement plants with drives to curb diesel reliance.

1. ABB Ltd.
2. Siemens AG
3. Schneider Electric SE
4. Danfoss A/S
5. Rockwell Automation, Inc.
6. Mitsubishi Electric Corp.
7. Hitachi Ltd.
8. Yaskawa Electric Corp.
9. Nidec Corp.
10. Fuji Electric Co. Ltd.
11. Eaton Corp. plc
12. Parker Hannifin Corp.
13. Delta Electronics Inc.
14. Lenze SE
15. SEW-Eurodrive GmbH
16. WEG SA
17. CG Power and Industrial Solutions Ltd.
18. Johnson Controls Intl. plc
19. Beckhoff Automation GmbH
20. Hiconics Eco-Energy Technology Co.
21. Bonfiglioli Riduttori SpA
22. Inovance Technology Co.

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

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 LANDSCAPE

• 4.1 Market Overview
• 4.2 Market Drivers
  • 4.2.1 Mandatory Energy-Efficiency Regulations for Industrial Motors
  • 4.2.2 Rapid Automation in Discrete Manufacturing and Packaging Lines
  • 4.2.3 Expansion of HVAC Retrofits for Building Decarbonisation
  • 4.2.4 Rise of Compact Integrated-Motor-Drive (IMD) Architectures
  • 4.2.5 Adoption of SiC/GaN Power Modules Enabling Smaller LV Drives
  • 4.2.6 Emergence of Pay-per-Use "Drive-as-a-Service" Business Models
• 4.3 Market Restraints
  • 4.3.1 High Upfront Cost of Low-Harmonic Premium Drives
  • 4.3.2 Global Semiconductor Shortages Constraining Drive Production
  • 4.3.3 Skill Gap in Tuning VFDs for Variable-Torque Applications
  • 4.3.4 Escalating Cybersecurity-Compliance Costs for IIoT-Connected Drives
• 4.4 Industry Value-Chain Analysis
• 4.5 Regulatory Landscape
• 4.6 Technological Outlook
• 4.7 Porter's Five Forces Analysis
  • 4.7.1 Bargaining Power of Buyers
  • 4.7.2 Bargaining Power of Suppliers
  • 4.7.3 Threat of New Entrants
  • 4.7.4 Threat of Substitutes
  • 4.7.5 Competitive Rivalry

5 MARKET SIZE AND GROWTH FORECASTS (VALUE)

• 5.1 By Drive Type
  • 5.1.1 AC Drives
  • 5.1.2 DC Drives
  • 5.1.3 Servo Drives
• 5.2 By Power Rating
  • 5.2.1 Up to 5 kW
  • 5.2.2 5 - 50 kW
  • 5.2.3 50 - 200 kW
  • 5.2.4 Above 200 kW
• 5.3 By End-User Industry
  • 5.3.1 Automotive and EV Manufacturing
  • 5.3.2 Oil and Gas
  • 5.3.3 Chemical and Petrochemical
  • 5.3.4 Food and Beverage
  • 5.3.5 Water and Wastewater
  • 5.3.6 Power Generation
  • 5.3.7 Metals and Mining
  • 5.3.8 Pulp and Paper
  • 5.3.9 HVAC and Building Services
  • 5.3.10 Discrete Industries (Electronics, Packaging, Textiles)
• 5.4 By Geography
  • 5.4.1 North America
    • 5.4.1.1 United States
    • 5.4.1.2 Canada
    • 5.4.1.3 Mexico
  • 5.4.2 South America
    • 5.4.2.1 Brazil
    • 5.4.2.2 Argentina
    • 5.4.2.3 Rest of South America
  • 5.4.3 Europe
    • 5.4.3.1 Germany
    • 5.4.3.2 United Kingdom
    • 5.4.3.3 France
    • 5.4.3.4 Italy
    • 5.4.3.5 Spain
    • 5.4.3.6 Rest of Europe
  • 5.4.4 Asia Pacific
    • 5.4.4.1 China
    • 5.4.4.2 Japan
    • 5.4.4.3 South Korea
    • 5.4.4.4 India
    • 5.4.4.5 Australia
    • 5.4.4.6 New Zealand
    • 5.4.4.7 Rest of Asia-Pacific
  • 5.4.5 Middle East and Africa
    • 5.4.5.1 Middle East
      • 5.4.5.1.1 United Arab Emirates
      • 5.4.5.1.2 Saudi Arabia
      • 5.4.5.1.3 Turkey
      • 5.4.5.1.4 Rest of Middle East
    • 5.4.5.2 Africa
      • 5.4.5.2.1 South Africa
      • 5.4.5.2.2 Nigeria
      • 5.4.5.2.3 Kenya
      • 5.4.5.2.4 Rest of Africa

6 COMPETITIVE LANDSCAPE

• 6.1 Market Concentration
• 6.2 Strategic Moves
• 6.3 Market Share Analysis
• 6.4 Company Profiles (includes Global Level Overview, Market Level Overview, Core Segments, Financials as available, Strategic Information, Market Rank/Share, Products and Services, Recent Developments)
  • 6.4.1 ABB Ltd.
  • 6.4.2 Siemens AG
  • 6.4.3 Schneider Electric SE
  • 6.4.4 Danfoss A/S
  • 6.4.5 Rockwell Automation, Inc.
  • 6.4.6 Mitsubishi Electric Corp.
  • 6.4.7 Hitachi Ltd.
  • 6.4.8 Yaskawa Electric Corp.
  • 6.4.9 Nidec Corp.
  • 6.4.10 Fuji Electric Co. Ltd.
  • 6.4.11 Eaton Corp. plc
  • 6.4.12 Parker Hannifin Corp.
  • 6.4.13 Delta Electronics Inc.
  • 6.4.14 Lenze SE
  • 6.4.15 SEW-Eurodrive GmbH
  • 6.4.16 WEG SA
  • 6.4.17 CG Power and Industrial Solutions Ltd.
  • 6.4.18 Johnson Controls Intl. plc
  • 6.4.19 Beckhoff Automation GmbH
  • 6.4.20 Hiconics Eco-Energy Technology Co.
  • 6.4.21 Bonfiglioli Riduttori SpA
  • 6.4.22 Inovance Technology Co.

7 MARKET OPPORTUNITIES AND FUTURE OUTLOOK

• 7.1 White-Space and Unmet-Need Assessment