Electric Motor Market Size & Share Analysis - bjag808/technology GitHub Wiki

The global electric motor market size was valued at USD 145.15 billion in 2024 and is projected to be worth USD 155.40 billion in 2025 and reach USD 258.17 billion by 2032, exhibiting a CAGR of 7.52% during the forecast period. Asia Pacific dominated the global market with a share of 40.75% in 2024. The Electric Motor market in the U.S. is projected to grow significantly, reaching an estimated value of USD 51.30 billion by 2032, driven by the growing adoption of automation & robotics in manufacturing and other industries.

The latest study, Electric Motor Market 2025, published by FBI, offers in-depth insights into both regional and global markets, which are projected to grow significantly from 2025 to 2032. This comprehensive report examines evolving market dynamics, value chain analysis, key investment areas, competitive landscape, regional trends, and essential market segments.

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Key Takeaways

  • The report analyzes competitive dynamics by assessing company strategies, technological capabilities, geographical presence, revenue performance, and major strategic initiatives by leading players in the Electric Motor market.

  • The global Electric Motor market is moderately consolidated, with prominent companies actively engaged in partnerships, innovations, and pilot projects.

  • The study incorporates qualitative insights such as Electric Motor market drivers, restraints, challenges, opportunities, regulatory frameworks, pricing trends, and Porter’s Five Forces analysis across North America, Europe, Asia-Pacific, and LAMEA regions.

  • Latest developments, including government policy initiatives, R&D breakthroughs, and infrastructure projects related to hydrogen and renewable gas production, are evaluated across 18 countries in 4 regions.

  • Over 2,500 relevant publications—including technical white papers, project reports, annual filings, and industry journals—have been reviewed to provide high-value intelligence on the Electric Motor Market.

Market Segmentation

The Electric Motor Market is segmented based on

By Type:

  • AC Motors
    • Induction Motors
    • Synchronous Motors
  • DC Motors
    • Brushed DC Motors
    • Brushless DC Motors

By Voltage Rating:

  • Low Voltage
  • Medium Voltage
  • High Voltage

By Power Output:

  • Fractional Horsepower (FHP)
  • Integral Horsepower (IHP)

By Application:

  • Industrial
  • Commercial
  • Residential
  • Transportation (EVs, Railways, Marine)
  • HVAC Systems

By End-User Industry:

  • Automotive
  • Aerospace & Defense
  • Energy & Utilities
  • Healthcare
  • Consumer Electronics
  • Others

By Geography:

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East & Africa

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Regional/Country Market Outlook

Europe dominates the Electric Motor market owing to strong political support, mature renewable energy infrastructure, and significant investment in hydrogen technology. Germany, the Netherlands, France, and Denmark are leading with large-scale pilot projects and hydrogen-ready infrastructure.

Asia-Pacific is emerging as a key region due to rising renewable capacity and strategic hydrogen programs in countries like Japan, South Korea, China, and Australia.

Competitive Landscape

Major companies operating in the Electric Motor market include:

Electric Motor Market Key Players

  • Key Players:

    • ABB Ltd.

    • Siemens AG

    • Nidec Corporation

    • WEG S.A.

    • Regal Beloit Corporation

    • Toshiba Corporation

    • Rockwell Automation, Inc.

    • Johnson Electric Holdings Limited

    • Ametek, Inc.

    • Franklin Electric Co., Inc.

These players focus on partnerships, demonstration projects, and technological enhancements to gain a competitive edge.

Industry Trends

  • Companies are investing in advanced technologies to improve efficiency and scalability.

Key Benefits for Stakeholders

  • Provides quantitative and qualitative insights into the global Electric Motor market dynamics and opportunities from 2025–2032

  • Informs decision-making with Porter's Five Forces analysis and in-depth segmentation by technology, application, and region

  • Maps major contributing countries by revenue and policy support

  • Benchmarks leading market players and strategic initiatives

  • Highlights government regulations and project funding to guide investment and development strategies

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