The motors provide special mechanical properties and systems solutions to end-users and have higher efficiency than standard motors. End-users demand custom-made motors for their tasks as a standard electric motor is insufficient in conjunction with a robust application. They are opting for more customized solutions as per their specific requirements. These motors are sophisticated in operations and have enhanced the market opportunities for low voltage motor and drives manufacturers.
The rising production costs and demand for high-quality products at low prices have propelled manufacturers across various discrete industries to design automation solutions that boost productivity in plant operations. This has compelled them to implement highly efficient power transmission motor technologies.
Additionally, several manufacturers are highly concerned about the motor efficiency benchmarks imposed by the US government regarding carbon emission and fuel efficiency. Many industries are replacing old electric motors with certified motors of higher operating efficiency because of these new regulations
The Global Motors and Drives in Discrete Market touched xxx million USD with a CAGR xx % from 2018-2022 around the world. In the future, it is predicted to reach xxx million USD in 2023 with a CAGR xx % from 2023-2030.
As the report focuses on global Motors and Drives in Discrete Market, mainly in Europe and Asia Pacific, North America, Middle East and Africa, and South America. This report segmented the Market on the basis of regions, manufacturers, applications, and type.

in addition, this report introduces Market competition situation among the vendors and company profile, besides, Market price analysis and value chain features are covered in this report.

In Market segmentation by manufacturers, the report covers the following companies-
ABB
Danfoss
Rockwell Automation
Siemens
WEG
Allied Motion Technologies
ARC Systems
Emerson CT
Franklin Electric
Fuji Electric
GE
Huali
KEB
Schneider Electric
Toshiba
Yaskawa.

In Market segmentation by geographical regions, the report has analyzed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

In Market segmentation by types covers:
Motors
Drivers

In Market segmentation by applications :
Compressors
Elevator and lifts
Conveyor
Fans
Pumps
Others

Apart from the drivers, restraints, and opportunities, the report also offers competitive landscape, including various growth strategies adopted by profiled players for establishing significant position in the industry. The segmentation included in the comprehensive report will help respectable manufacturers to set up their processing units in the regions and increase their global presence. This would also benefit the industry and increase the company\'s product portfolio.

The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Motors and Drives in Discrete Market for the forecast period 2023-2030?
• What are the driving forces in the Motors and Drives in Discrete Market for the forecast period 2023-2030?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Motors and Drives in Discrete industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players?
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Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.

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