The whole value chain, from manufacturer up to end-user, must be aware of the legislation in order to meet local requirements, to save energy, and reduce the carbon footprint. Increasing technological advancement and the growth in demand for various types of machinery from the industrial sector are the factors driving the growth of the Global Low Voltage Motors Market. The need for use of energy efficiently is also a major concern for the industries, which can be lowered by the use of low motor voltage motors. Mandatory Minimum Energy Performance Standards (MEPS) for electric motors have also increased the need for low voltage motors due to the increasing global climate change issues and power consumption. The cost of maintenance and operation of low voltage motors are more as compared to the initial cost, which acts as a restraining factor to the growth of the Global Low Voltage Motors Market.