Africa Low-Voltage Electric Motors Industry Overview
The Africa Low-Voltage Electric Motors Market is fragemented due to the presence of small and large players, like ABB Ltd, Siemens AG, Toshiba International Corporation, WEG, and Nidec Corporation.
- October 2023 - WEG undertook significant steps toward increasing its presence in Uganda and expanding its footprint in the East African market through a partnership with Petrok as a value-added reseller (VAR). This expansion would be facilitated by Petrok's local presence and technology know-how, together with the reliability of WEG products on the market. Through this critical step, the company would improve its market position in Uganda using a series of low-voltage electric motors.
- May 2023 - ABB Ltd successfully concluded the acquisition of Siemens' low voltage NEMA motor business, in line with the Motion business area's strategy for lucrative expansion. This transaction bolsters ABB's standing as a prominent industrial NEMA motor producer while furnishing a more robust foundation for enhanced global customer service capabilities.
Africa Low-Voltage Electric Motors Market Leaders
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ABB Ltd
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Siemens AG
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Toshiba International Corporation
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WEG
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Nidec Corporation
- *Disclaimer: Major Players sorted in no particular order
