Low Voltage Motors - Trends & Events: Recent Market Activity: ABB acquiring Baldor: Assumes #1 share position in the world for LV motors, overtaking Siemens; Chinese Wolong acquired Austria's ATB Group; Carlyle Group acquired Italy's Marelli Motori Regal Beloit acquired Italian hazardous motor manufacturer CEMP Low growth in W. Europe in 2013 & expected in 2014 due to recovery from Eurozone debt crisis; IEC motor market growing rapidly in a NEMA-centric market (North America) Hazardous are LV motor segment experiencing higher YoY growth than in past years; End-equipment manufacturers & OEMs producing IE4 motor-equipped products.
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