by
According to the Foreclaro Global Research, the
Global
Electric Motor Market size was valued at USD 169.6 billion in 2024. The report “Global Electric
Motor Market Segmentation By Motor Type (Alternating Current (AC)
Motors {Synchronous AC Motors, Induction AC Motors}, Direct Current (DC) Motors
{Brushed DC Motors, Brushless DC Motors}, Hermetic Motors, Explosion-Proof
Motors, Increased Safety (Ex e) {Flameproof (Ex d), Pressurized (Ex p), Intrinsic
Safety (Ex i)}), By Power Output (Low Voltage (LV) Motors (Below 1 kV), Medium
Voltage (MV), Motors (1 kV–6.6 kV), High Voltage (HV) Motors (Above 6.6 kV)), By
Application (Industrial Machinery {Pumps & Compressors, Conveyors &
Material Handling, Machine Tools & Robotics}, Automotive {Electric Vehicles
(EVs), Hybrid Electric Vehicles (HEVs), Automotive Auxiliary Systems, Consumer
Appliances}, Hazardous Environments {Oil & Gas, Chemical &
Pharmaceutical Manufacturing, Mining & Metal Processing, Grain Handling
& Storage Facilities, Wastewater Treatment Plants, Commercial &
Aerospace, Renewable Energy Systems}), By Efficiency Class (Standard Efficiency
(IE1), High Efficiency (IE2), Premium Efficiency (IE3), Super Premium
Efficiency (IE4/IE5))- Industry
Trends and Forecast to 2033” gives a detailed insight into current market dynamics and provides
analysis on future market growth.
The worldwide electric motor market is
witnessing robust growth, driven by manner of manner of developing
strength-inexperienced solutions, rapid electrification, and the transition
withinside the course of sustainable technologies. Electric motors, which
convert electric power into mechanical power, are fundamental in sectors in
conjunction with automotive, commercial enterprise machinery, consumer
appliances, HVAC, and renewable energy systems. The global push for electric vehicles
(EVs) has extensively boosted excessive-general overall performance motors, at
the same time as commercial enterprise automation, robotics, and smart
manufacturing are further accelerating adoption. Technological advancements, in
conjunction with brushless DC (BLDC) motors, are enabling IoT-enabled governments
are impose stringent policies to lessen power intake and carbon emissions,
fueling the adoption of top-class and super-top-class performance motors.
However, traumatic conditions in conjunction with immoderate initial investment
costs, reliance on unusual earth materials, and integration complexities
remain. Overall, the market is expected to expand, with robust opportunities in
growing economies, renewable power, e-mobility, and advanced commercial
enterprise applications.
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Global Electric
Motor Market Report Highlights
· Rising
adoption of electric vehicles (EVs), commercial automation, and renewable power
integration is fueling robust, high-performance electric vehicles.
· Growing
choice for brushless DC (BLDC) vehicles, IoT-enabled clever vehicles, and lightweight
compact designs are reshaping product development.
· AC
vehicles dominate commercial applications, at the same time as BLDC vehicles
are unexpectedly increasing in EVs and consumer electronics; high-performance
IE3 and IE4/IE5 training benefits traction because of stricter regulations.
· Asia-Pacific
leads the marketplace with speedy industrialization and EV adoption, at the
same time as Europe and North America see a robust increase pushed with the aid
by power performance mandates and superior manufacturing.
· Expansion
in rising economies, e-mobility solutions, renewable power projects, and
aftermarket offerings offer good-sized increase prospects.
· High
premature costs, dependency on rare earth materials, and technical complexities
in integration pose hurdles for sizable adoption.
Foreclaro
Global Research has segmented the Electric Motor Market report based on Motor
Type, Power Output, Application, Efficiency Class, and region:
Electric Motor Market, Motor Type Outlook
(Revenue - USD Million, 2020 - 2033)
Alternating Current (AC) Motors
·
Synchronous
AC Motors
·
Induction
AC Motors
Direct Current (DC) Motors
·
Brushed
DC Motors
·
Brushless
DC Motors
Hermetic Motors
Explosion-Proof Motors
·
Increased
Safety (Ex e)
·
Flameproof
(Ex d)
·
Pressurized
(Ex p)
·
Intrinsic
Safety (Ex i)
Electric Motor Market, Power Output Outlook
(Revenue - USD Million, 2020 - 2033)
Low Voltage (LV) Motors (Below 1 kV)
Medium Voltage (MV)
Motors (1 kV–6.6 kV)
High Voltage (HV) Motors (Above 6.6 kV)
Electric Motor Market, Application
Outlook (Revenue - USD Million, 2020 - 2033)
Industrial Machinery
·
Pumps
& Compressors
·
Conveyors
& Material Handling
·
Machine
Tools & Robotics
Automotive
·
Electric
Vehicles (EVs)
·
Hybrid
Electric Vehicles (HEVs)
·
Automotive
Auxiliary Systems
·
Consumer
Appliances
Hazardous Environments
·
Oil
& Gas, Chemical & Pharmaceutical Manufacturing
·
Mining
& Metal Processing
·
Grain
Handling & Storage Facilities
·
Wastewater
Treatment Plants
·
Commercial
& Aerospace
·
Renewable
Energy Systems
Electric Motor Market, Efficiency
Class Outlook (Revenue - USD Million, 2020 - 2033)
Standard Efficiency (IE1)
High Efficiency (IE2)
Premium Efficiency (IE3)
Super Premium Efficiency (IE4/IE5)
Electric Motor Market, Regional
Outlook (Revenue - USD Million, 2020 - 2033)
North
America
·
United
States
·
Canada
·
Mexico
Europe
·
United
Kingdom
·
Germany
·
France
·
Spain
·
Italy
·
Rest
of Europe
Asia
Pacific
·
China
·
India
·
Japan
·
Australia
·
South
Korea
·
Rest
of Asia Pacific
Latin
America
·
Brazil
·
Argentina
·
Rest
of Latin America
Middle East
& Africa
·
Saudi
Arabia
·
South
Africa
·
Rest
of MEA
Global Electric Motor Market Key Players
·
ABB
·
Allied Motion, Inc.
·
AMETEK.Inc.
·
Johnson Electric Holdings Limited
·
Nidec Motor Corporation
·
Franklin Electric
·
Regal Rexnord Corporation
·
Schneider Electric
·
Siemens
·
ORIENTAL MOTOR USA CORP.
