Low-voltage AC drives market ‘to reach $17 billion by 2030’

  • Global LV AC drives market to grow from $15 billion in 2026 to $17 billion in 2030.
  • Highest five-year average annual growth rate of 4.5% forecast in Americas region.
  • Higher growth in the EMEA and APAC regions pushed up market size predictions.

London, 20th May 2026 – The low-voltage (LV) AC motor drives market size has been revised upward, driven by higher growth in the EMEA and APAC regions. According to the latest research from Interact Analysis, the global LV AC drives market will grow from $14.4 billion in 2025 to $14.9 billion in 2026, representing a year-on-year increase of 3.2%. The market is also anticipated to climb at a five-year average annual growth rate of 3.4% to reach $17.0 billion in 2030.

According to the market intelligence specialist, although Europe has weaker organic growth in the low-voltage AC drives market, the appreciation of the Euro against the US Dollar (USD) has supported an increase in European market size when measured in USD terms. The upward trend for the APAC region comes mainly from the recovery of the Chinese market, as well as robust growth in India and Southeast Asia, and an appreciation of the Japanese Yen against the US Dollar.

APAC accounts for over one-third of low-voltage AC motor drives in 2025

The Asia Pacific (APAC) region (excluding Japan) is currently the largest regional market for low-voltage AC motor drives, accounting for 38.5% of the total in 2025, with revenue exceeding $5.5 billion. Europe, the Middle East and Africa (EMEA) made up 29.8%, at just under $4.3 billion, and was the fastest-growing market in 2025 at a rate of +4.7%. The Americas held 25.6% of the global market in 2025, with a market size of nearly $3.7 billion. Over the forecast period, the Americas is expected to achieve the highest growth rate, with a five-year average annual growth rate of 4.5%. Japan represented the smallest segment at 6.1%, generating $873.7 million revenue in 2025.

The APAC region continues to hold the largest share of the LV AC drive market

Data center sector stands out as a high-growth industry

The data center sector continues to stand out as a high-growth industry for LV AC motor drives, with the US currently outpacing other countries in capital investment and data center development. In fact, a 2025 report by the Federal Reserve revealed that the value of the stock of data center plans exceeded $1 trillion, indicating strong forward-looking expansion. In terms of scale of investment and computing capacity, China ranks second globally, with strong deployment of hyperscale clusters and support for power infrastructure.

Renee Ju, Market Analyst at Interact Analysis, says, “In the long term, we expect the low-voltage AC drive market to maintain a relatively steady growth trajectory over the forecast period. Our forecast is largely based on our manufacturing industry output tracker, under the assumption that market growth will be closely aligned with the performance of downstream industries.

“The data center sector has stood out as a high-growth industry in recent years, demonstrating a sustained trajectory of rapid expansion. Driven by the accelerated development of cloud computing, artificial intelligence, big data, and a wide range of digital services, global demand for data storage and computing capacity continues to increase.”

About the Report:

In this report, we provide detailed market size and forecast data for low voltage AC motor drives by form factor, industry, application, country, and power rating. In addition to this analysis, we conducted a market share analysis of any vendor in the market with a greater than 1% share.

We now also include additional analysis on the current market and trends developing for low harmonic and harmonic mitigation technologies.

About Interact Analysis

With over 200 years of combined experience, Interact Analysis is the market intelligence authority for global supply chain automation. Our research covers the entire automation value chain – from the technology used to automate factory production, through inventory storage and distribution channels, to the transportation of the finished goods. The world’s leading companies trust us to surface robust insights and opportunities for technology-driven growth. To learn more, visit ​ www.InteractAnalysis.com

 

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