Global Industrial Motor Market Size, Share, Opportunities, And Trends By Motor Type (Direct Current, Alternating Current, Others), By Voltage (High And Medium, Low), By Distribution Channel (OEM, Distributor), By Industry Vertical (Oil And Gas, Mining, Food And Beverage, Construction, Railway, Power Generation, Water And Wastewater, Others), And By Geography - Forecasts From 2025 To 2030
- Published : Apr 2025
- Report Code : KSI061610369
- Pages : 168
Industrial Motor Market Size:
The global industrial motors market is expected to grow at a CAGR of 4.11%, reaching a market size of US$41.013 billion in 2030 from US$30.677 billion in 2025.
Motors are the engines that propel industrial output forward, providing time and cost-utility. New techniques for motor monitoring, alignment, testing, and connections also improve safety. The ongoing economic growth was followed by strategic maneuvers between major nations to bolster cross-country trade. This has propelled overall industrial productivity, positively impacting the demand for major machines such as motors in industrial applications.
Rapid industrialization, investment in new technological innovations, and expansion of manufacturing facilities in major sectors have propelled the demand for industrial motors. Moreover, implementing schemes and initiatives such as “Industry 4.0” further drives market expansion.
Industrial Motors Market Growth Drivers:
- Favorable efforts to bolster energy efficiency in industrial operations have propelled the market growth.
The increased focus on Industry 4.0 is anticipated to stimulate the demand for industrial motors during the forecast period. The rising focus of governments worldwide on energy efficiency and the consequent stringent regulations have led to increased adoption of energy-efficient industrial motors, which will propel the industrial motor market’s growth.
Industrial motors with higher efficiency can reduce carbon emissions. As awareness of low-energy-consuming motors has been increasing over the years, the preference for such motors, especially electric-based, is also anticipated to gain traction.
Additionally, the growing need to reduce greenhouse gas has led to the formulation of various agreements and regulations, such as the “Paris Agreement,” which aimed to reduce global warming to 1.5°C by 2050; reducing CO2 emissions by 80% will propel the energy-efficient motor industry forward. As knowledge about energy conservation grows, companies are choosing eco-friendly alternatives for their processes and technologies which has created a preference for motors that run sustainable options and shows less reliance on conventional fuel.
- Bolstering growth of energy demand is anticipated to increase the market growth.
The demand for oil and gas has been increasing substantially worldwide, fuelled by growing end-user demand such as automotive, aerospace, and energy & power. According to the International Energy Agency, world oil demand will increase by 5.7 million barrels per day (mb/d) at a rate of 950 kb/d from 2020 to 2025.
Moreover, the energy demand is also witnessing significant growth fuelled by the growing population and industrialization, which is further anticipated to increase oil & gas demand since they form one of the major sources of energy generation. According to the India Energy Outlook, primary energy demand is expected to nearly double to 1,123 million tonnes of oil equivalent in India. By 2040, the gross domestic product (GDP) is predicted to reach USD 8.6 trillion
- Growing emphasis on reducing carbon emissions has propelled the market expansion.
Growing industrial emissions have led to the development of new motor technologies, such as shifting from internal combustion motors to electric motors, which emit less CO2. According to the IEA, electric motor systems use 53% of all electrical energy, or 10,500 TWh per year, emitting nearly 6,800 Mt of carbon dioxide (CO2).
Growing emphasis on energy efficiency has stimulated the demand for motors with high functionality and low maintenance, which is estimated to show further growth in the future. U4E states, after assessments of 150 developing and emerging economies, that energy savings from motors in these countries could reach 300 TWh per annum in 2030, saving 200 Mt of CO2 emissions.
It also claims that switching to energy-efficient motor systems will reduce global electricity demand for motor systems by 20 to 30% by 2030. As per the U4E Policy Guide Series estimate, more than 72% of motors sold globally have efficiency levels higher than IE2, followed by IE3 at 29% and IE4 at 2%. The share of the mentioned higher efficiency motors is projected to grow further in the coming years, leading to a boost in the industrial motor market.
Industrial Motors Market Geographical Outlook:
- Asia Pacific is set to grow at a constant rate.
The Asia-Pacific industrial motor market is estimated to grow steadily and will constitute a considerable market share during the forecast period. The regional market has been segmented into China, Japan, India, South Korea, Taiwan, Thailand, Indonesia, and others. Due to the rapidly increasing population and rapid industrialization in countries such as China, the demand for industrial motors to improve operational efficiency is expected to increase.
Other major economies, namely Japan and India, will hold notable market shares. This is attributable to bolstering growth in major industrial motor end-users such as automotive, food & beverage, railway, and construction. Indonesia and South Korea are projected to grow steadily, fueled by favorable investment to expand economic output. Furthermore, the presence of significant market competitors in the region will support growth over the anticipated period.
Industrial Motors Market Key Developments:
- December 2023: Nidec Corporation established its second manufacturing facility in Rajasthan, producing drive motors for e-bikes with a power output of 30kW. The new establishment came as part of Nidec to bolster its presence in the electric two-wheel industry.
- May 2023: Hitachi formed a collaboration with M/S NASH Industries in Bengaluru to provide controllers for brushless DC motors equipped with an IC chipped manufactured at Hitachi Power Semiconductor Device Ltd. In Japan.
- October 2022: BOSCH announced to establish a new production plant in Charleston which would cover 200,000 square feet and will include the production and assembling of rotors, stators, and electric motors. The company further announced that approximately 75,000 square feet will added to the facility in the future with an additional investment of US$260 million.
- July 2022: MAHLE developed an electric motor suitable for passenger and commercial vehicles, tractors, and construction machines. This development has enabled MAHLE to become a full-range provider of electric drives and motors.
Industrial Motor Market Scope:
| Report Metric | Details |
| Industrial Motor Market Size in 2025 | US$30.677 billion |
| Industrial Motor Market Size in 2030 | US$41.013 billion |
| Growth Rate | CAGR of 4.11% |
| Study Period | 2020 to 2030 |
| Historical Data | 2020 to 2023 |
| Base Year | 2024 |
| Forecast Period | 2025 – 2030 |
| Forecast Unit (Value) | USD Billion |
| Segmentation |
|
| Geographical Segmentation | North America, South America, Europe, Middle East and Africa, Asia Pacific |
| List of Major Companies in Industrial Motor Market |
|
| Customization Scope | Free report customization with purchase |
The Global Industrial Motors market is analyzed into the following segments:
- By Motor Type
- Direct Current
- Alternating Current
- Others
- By Voltage
- High and Medium
- Low
- By Distribution Channel
- OEM
- Distributors
- By Industry Vertical
- Oil and Gas
- Mining
- Food and Beverage
- Construction
- Railway
- Power and Generation
- Water and Wastewater
- Others
- By Geography
- North America
- United States
- Canada
- Mexico
- South America
- Brazil
- Argentina
- Others
- Europe
- Germany
- France
- United Kingdom
- Others
- Middle East and Africa
- Saudi Arabia
- UAE
- Others
- Asia Pacific
- China
- India
- Japan
- South Korea
- Taiwan
- Thailand
- Indonesia
- Others
- North America
Frequently Asked Questions (FAQs)
The industrial motor market is expected to reach a total market size of US$41.013 billion by 2030.
Industrial Motor Market is valued at US$30.677 billion in 2025.
The industrial motor market is expected to grow at a CAGR of 4.11% during the forecast period.
The rising focus of governments around the world on energy efficiency and the consequent stringent regulations has led to increased adoption of energy-efficient industrial motors which is anticipated to propel the industrial motors market growth.
The North American region is anticipated to hold a significant share of the industrial motor market.
1. INTRODUCTION
1.1. Market Overview
1.2. Market Definition
1.3. Scope of the Study
1.4. Market Segmentation
1.5. Currency
1.6. Assumptions
1.7. Base and Forecast Years Timeline
1.8. Key Benefits for the Stakeholder
2. RESEARCH METHODOLOGY
2.1. Research Design
2.2. Research Processes
3. EXECUTIVE SUMMARY
3.1. Key Findings
4. MARKET DYNAMICS
4.1. Market Drivers
4.2. Market Restraints
4.3. Porter’s Five Forces Analysis
4.3.1. Bargaining Power of Suppliers
4.3.2. Bargaining Power of Buyers
4.3.3. Threat of New Entrants
4.3.4. Threat of Substitutes
4.3.5. Competitive Rivalry in the Industry
4.4. Industry Value Chain Analysis
4.5. Analyst View
5. GLOBAL INDUSTRIAL MOTORS MARKET BY MOTOR TYPE
5.1. Introduction
5.2. Direct Current
5.3. Alternating Current
5.4. Others
6. GLOBAL INDUSTRIAL MOTORS MARKET BY VOLTAGE
6.1. Introduction
6.2. High and Medium
6.3. Low
7. GLOBAL INDUSTRIAL MOTORS MARKET BY DISTRIBUTION CHANNEL
7.1. Introduction
7.2. OEM
7.3. Distributors
8. GLOBAL INDUSTRIAL MOTORS MARKET BY INDUSTRY VERTICAL
8.1. Introduction
8.2. Oil and Gas
8.3. Mining
8.4. Food and Beverage
8.5. Construction
8.6. Railway
8.7. Power Generation
8.8. Waste and Wastewater
8.9. Others
9. GLOBAL INDUSTRIAL MOTORS MARKET BY GEOGRAPHY
9.1. Introduction
9.2. North America
9.2.1. United States
9.2.2. Canada
9.2.3. Mexico
9.3. South America
9.3.1. Brazil
9.3.2. Argentina
9.3.3. Others
9.4. Europe
9.4.1. Germany
9.4.2. France
9.4.3. United Kingdom
9.4.4. Spain
9.4.5. Others
9.5. Middle East and Africa
9.5.1. Saudi Arabia
9.5.2. UAE
9.5.3. Others
9.6. Asia Pacific
9.6.1. China
9.6.2. India
9.6.3. Japan
9.6.4. South Korea
9.6.5. Taiwan
9.6.6. Thailand
9.6.7. Indonesia
9.6.8. Others
10. COMPETITIVE ENVIRONMENT AND ANALYSIS
10.1. Major Players and Strategy Analysis
10.2. Market Share Analysis
10.3. Mergers, Acquisitions, Agreements, and Collaborations
10.4. Competitive Dashboard
11. COMPANY PROFILES
11.1. General Electric Company
11.2. ABB Ltd
11.3. Rockwell Automation Inc.
11.4. Siemens AG
11.5. Ametek Inc.
11.6. Arc Systems Inc.
11.7. Johnson Electric
11.8. Emerson Electric Co.
11.9. Toshiba International Corporation
11.10. Nidec Motor Corporation
General Electric Company
ABB Ltd
Siemens AG
Ametek Inc.
Arc Systems Inc.
Johnson Electric
Emerson Electric Co.
Toshiba International Corporation
Nidec Motor Corporation
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