Chinese automation giant pushes into Europe
27 February 2024 The Chinese automation giant Inovance is continuing to push into the European market and at SPS demonstrated a selection of its technologies including AC drives,… Read More
06 Oct 2026
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AUTOMATION FOR MANUFACTURING
LV
27 February 2024 
LV AC drives sales hit $14bn in 2023, but growth is slowing
6 February 2024 More than 20 million low-voltage AC drives, worth more than $14bn, were shipped globally during 2023 as the market continued to expand, new data from… Read More
LV AC motor sales likely to decline further in 2024
11 January 2024 Growth in the global market for low-voltage AC motors market slowed from 16.4% in 2022 to 4.2% in 2023, and will fall back even further… Read More
UK-developed 28kg motor delivers 650kW and 398Nm
14 July 2023 A British electric drive developer – Milton-Keynes-based Helix – has produced an electric motor that weighs only 28kg, yet is capable of delivering 650kW of… Read More
AMRs and AGVs will push ULV drives sales to $3.1bn by 2027
3 May 2023 Global sales of ultra-low voltage (under 60V) drives are set to soar from $753m in 2021 to $3.1bn by 2027 – a CAGR of 25.9%… Read More
LV drive price rises look set to continue as sales hit $14.2bn
13 January 2023 Global semiconductor shortages continued to place strains on the low-voltage variable-speed drives market during 2022, affecting sales and pushing up prices of power modules to… Read More
Surging prices drive LV motor sales up by 21% to $17bn
4 January 2023 The global market for low-voltage AC motors soared by 21.2% during 2022 to hit a total of $17bn. According to the market analyst Interact, the… Read More
Chinese automation giant pushes into Europe
21 November 2022 The Chinese automation and drives manufacturer Inovance is making a big push into the European market, spearheaded by its first public outing at the recent… Read More
ABB buys Siemens’ LV Nema motors arm to boost growth
11 August 2022 ABB has agreed to buy Siemens’ low-voltage Nema motors operation for an undisclosed sum. The business, which has manufacturing operations in Guadalajara, Mexico, produces motors… Read More
Soaring steel costs are hitting motor prices and lead times
27 July 2022 Mushrooming demand for electrical steels for use in EV (electric vehicle) motors is pushing up prices and lengthening lead times for industrial and commercial motors,… Read More
