The Motor Management Market is set to expand from USD 5.258 billion in 2025 to USD 6.714 billion by 2030, at a CAGR of 5.01%.
Motor management is concerned with the electrical, mechanical, and maintenance solutions for the electrical equipment installed in a facility. Industries consume a significant proportion of electricity, and there is a growing global focus on optimizing electricity usage in the industrial sector. As such, the demand for motor management solutions is increasing on account of their ability to ensure the optimal functioning of the electrical equipment which results in better productivity while generating significant savings for the manufacturers as well. The rising automation in various industries is anticipated to propel the demand for the motor management market in the coming years. Furthermore, growing attention towards enhancing the efficiency of motor-driven systems is expected to fuel the motor management market during the forecast period.
The market has been segmented on the basis of type, application, industry vertical, and geography. Geographically, North America is projected to hold a significant share of the market on account of the early adoption of technology along with the rising focus to increase efficiency and reduce downtime maintenance. The Asia Pacific is also anticipated to grow at a substantial rate owing to the rising manufacturing and infrastructure industry in countries such as India and China.
The major players profiled in the Motor Management market include Siemens AG, Schneider Electric, ABB, General Electric Company, Eaton, Rockwell Automation, Inc., Hitachi Ltd., Fanox, RJW Engineering, and Toshiba International Corporation.
| Report Metric | Details |
|---|---|
| Study Period | 2021 to 2031 |
| Historical Data | 2021 to 2024 |
| Base Year | 2025 |
| Forecast Period | 2026 – 2031 |
| Report Metric | Details |
| Motor Management Market Size in 2025 | US$5.218 billion |
| Motor Management Market Size in 2030 | US$6.833 billion |
| Growth Rate | CAGR of 5.54% |
| 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 the Motor Management Market |
|
| Customization Scope | Free report customization with purchase |
Segmentation
By Type
Hardware
Motor Controllers
Protection Relays
Sensors & Monitoring Devices
Software & Solution Services
Motor Management Software
Condition Monitoring & Diagnostics
Predictive Maintenance Solutions
Consulting & Integration Services
By Application
Pumps
Compressors
Material Handling
HVAC Systems
Conveyors
Fans & Blowers
Others
By Industry Vertical
Metallurgy
Oil & Gas
Energy & Power
Food & Beverage
Chemical
Mining
Water & Wastewater Treatment
Manufacturing
Others
By Geography
North America
USA
Canada
Mexico
South America
Brazil
Argentina
Others
Europe
United Kingdom
Germany
France
Spain
Others
Middle East and Africa
Saudi Arabia
UAE
Others
Asia Pacific
China
Japan
India
South Korea
Taiwan
Others