A high-speed motor is an advanced electromechanical device designed to operate at exceptionally high rotational speeds. It is specifically engineered to provide rapid and efficient power conversion and motion control in various industrial and technological applications. High-speed motors are characterized by their ability to spin at velocities significantly exceeding those of conventional motors, often reaching tens of thousands or even hundreds of thousands of revolutions per minute (RPM). The key factors driving the market growth is rapidly developing industrial infrastructure coupled with rising energy demand, favorable government initiatives to install energy-efficient systems and diminish carbon footprint, and growing demand in power generation sector that anticipated to support the market growth during forecast period 2023-2030.
Moreover, the rising power generation sector has a significant impact on the growth of the high-speed motor market. As power generation capacity expands, there is a growing need for high-speed motors in various applications. High-speed motors are often used in power generation equipment such as gas turbines, steam turbines, and hydroelectric generators. These motors are designed to operate at high rotational speeds, enabling efficient energy conversion and power generation. According to Statista, in 2017, the global electricity generation was 25,648 terawatt-hours and the demand for electricity increased significantly and the number reached 28,466 terawatt-hours in 2021. As a result, the growing power generation is anticipated to support the market growth. Additionally, growing technological advancement and growing end use industries is anticipate to create the lucrative opportunity for the market during forecast period. However, the high initial capital costs and availability of other motor systems stifles market growth throughout the forecast period of 2023-2030.
The key regions considered for the Global High Speed Motor Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. Asia Pacific dominated the market in 2022 owing to rapidly growing energy demand, urbanization, the establishment of new infrastructure, and growing industrialization in the region. North America is expected to grow significantly during the forecast period, owing to factors such as presence of key market players, continuous expenditures in heavy-duty industrial activities together with ongoing investments in research and development of electric vehicle systems and infrastructure.
Major market player included in this report are:
- ABB (Switzerland)
- Nidec Corporation (Japan)
- Siemens (Germany)
- Meidensha Corporation (Japan)
- Regal Rexnord Corporation (U.S.)
- Toshiba International Corporation (U.S.)
- Mitsubishi Electric Corporation (Japan)
- Emerson Electric Corporation (U.S.)
- Fuji Electric Co., Ltd. (Japan)
- Turbo Power Systems Limited (U.K.)
Recent Developments in the Market:
- In Jan. 2022, Fuji Electric announced the "Plant Systems Center" development at the Tokyo Factory (Hino City, Tokyo). Tokyo Factory has newly built the "Plant Systems Centre" to improve the production system and plant system development.
Global High Speed Motor Market Report Scope:
- Historical Data: 2020 - 2021
- Base Year for Estimation: 2022
- Forecast period: 2023-2030
- Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
- Segments Covered: Type, Rotational Speed, Application, Region
- Regional Scope: North America; Europe; Asia Pacific; Latin America; Middle East & Africa
- Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type:
By Rotational Speed:
- 3,000 to 6,000 RPM
- 6,000 to 10,000 RPM
- 10,000 to 15,000 RPM
- Above 15,000 RPM
By Application:
- Industry Machinery
- Aerospace & Transportation
- Power Generation
- Automotive
- Household Appliances
- Medical Equipment's
- Others
By Region:
- Europe
- UK
- Germany
- France
- Spain
- Italy
- ROE
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- RoAPAC
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
Table of Contents
Chapter 1. Executive Summary
- 1.1. Market Snapshot
- 1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
- 1.2.1. High Speed Motor Market, by Region, 2020-2030 (USD Billion)
- 1.2.2. High Speed Motor Market, by Type, 2020-2030 (USD Billion)
- 1.2.3. High Speed Motor Market, by Rotational Speed, 2020-2030 (USD Billion)
- 1.2.4. High Speed Motor Market, by Application, 2020-2030 (USD Billion)
- 1.3. Key Trends
- 1.4. Estimation Methodology
- 1.5. Research Assumption
Chapter 2. Global High Speed Motor Market Definition and Scope
- 2.1. Objective of the Study
- 2.2. Market Definition & Scope
- 2.2.1. Industry Evolution
- 2.2.2. Scope of the Study
- 2.3. Years Considered for the Study
- 2.4. Currency Conversion Rates
Chapter 3. Global High Speed Motor Market Dynamics
- 3.1. High Speed Motor Market Impact Analysis (2020-2030)
- 3.1.1. Market Drivers
- 3.1.1.1. Growing Industrialization
- 3.1.1.2. Favourable government initiatives
- 3.1.2. Market Challenges
- 3.1.2.1. High initial capital costs
- 3.1.2.2. Availability of other motor systems
- 3.1.3. Market Opportunities
- 3.1.3.1. Continuous technological advancement in high speed motos
Chapter 4. Global High Speed Motor Market Industry Analysis
- 4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.2. Porter's 5 Force Impact Analysis
- 4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
- 4.4. Top investment opportunity
- 4.5. Top winning strategies
- 4.6. COVID-19 Impact Analysis
- 4.7. Disruptive Trends
- 4.8. Industry Expert Perspective
- 4.9. Analyst Recommendation & Conclusion
Chapter 5. Global High Speed Motor Market, by Type
- 5.1. Market Snapshot
- 5.2. Global High Speed Motor Market by Type, Performance - Potential Analysis
- 5.3. Global High Speed Motor Market Estimates & Forecasts by Type 2020-2030 (USD Billion)
- 5.4. High Speed Motor Market, Sub Segment Analysis
- 5.4.1. A.C. Motor
- 5.4.2. D.C. Motor
Chapter 6. Global High Speed Motor Market, by Rotational Speed
- 6.1. Market Snapshot
- 6.2. Global High Speed Motor Market by Rotational Speed, Performance - Potential Analysis
- 6.3. Global High Speed Motor Market Estimates & Forecasts by Rotational Speed 2020-2030 (USD Billion)
- 6.4. High Speed Motor Market, Sub Segment Analysis
- 6.4.1. 3,000 to 6,000 RPM
- 6.4.2. 6,000 to 10,000 RPM
- 6.4.3. 10,000 to 15,000 RPM
- 6.4.4. Above 15,000 RPM
Chapter 7. Global High Speed Motor Market, by Application
- 7.1. Market Snapshot
- 7.2. Global High Speed Motor Market by Application, Performance - Potential Analysis
- 7.3. Global High Speed Motor Market Estimates & Forecasts by Application 2020-2030 (USD Billion)
- 7.4. High Speed Motor Market, Sub Segment Analysis
- 7.4.1. Industry Machinery
- 7.4.2. Aerospace & Transportation
- 7.4.3. Power Generation
- 7.4.4. Automotive
- 7.4.5. Household Appliances
- 7.4.6. Medical Equipment's
- 7.4.7. Others
Chapter 8. Global High Speed Motor Market, Regional Analysis
- 8.1. Top Leading Countries
- 8.2. Top Emerging Countries
- 8.3. High Speed Motor Market, Regional Market Snapshot
- 8.4. North America High Speed Motor Market
- 8.4.1. U.S. High Speed Motor Market
- 8.4.1.1. Type breakdown estimates & forecasts, 2020-2030
- 8.4.1.2. Rotational Speed breakdown estimates & forecasts, 2020-2030
- 8.4.1.3. Application breakdown estimates & forecasts, 2020-2030
- 8.4.2. Canada High Speed Motor Market
- 8.5. Europe High Speed Motor Market Snapshot
- 8.5.1. U.K. High Speed Motor Market
- 8.5.2. Germany High Speed Motor Market
- 8.5.3. France High Speed Motor Market
- 8.5.4. Spain High Speed Motor Market
- 8.5.5. Italy High Speed Motor Market
- 8.5.6. Rest of Europe High Speed Motor Market
- 8.6. Asia-Pacific High Speed Motor Market Snapshot
- 8.6.1. China High Speed Motor Market
- 8.6.2. India High Speed Motor Market
- 8.6.3. Japan High Speed Motor Market
- 8.6.4. Australia High Speed Motor Market
- 8.6.5. South Korea High Speed Motor Market
- 8.6.6. Rest of Asia Pacific High Speed Motor Market
- 8.7. Latin America High Speed Motor Market Snapshot
- 8.7.1. Brazil High Speed Motor Market
- 8.7.2. Mexico High Speed Motor Market
- 8.8. Middle East & Africa High Speed Motor Market
- 8.8.1. Saudi Arabia High Speed Motor Market
- 8.8.2. South Africa High Speed Motor Market
- 8.8.3. Rest of Middle East & Africa High Speed Motor Market
Chapter 9. Competitive Intelligence
- 9.1. Key Company SWOT Analysis
- 9.1.1. Company 1
- 9.1.2. Company 2
- 9.1.3. Company 3
- 9.2. Top Market Strategies
- 9.3. Company Profiles
- 9.3.1. ABB (Switzerland)
- 9.3.1.1. Key Information
- 9.3.1.2. Overview
- 9.3.1.3. Financial (Subject to Data Availability)
- 9.3.1.4. Product Summary
- 9.3.1.5. Recent Developments
- 9.3.2. Nidec Corporation (Japan)
- 9.3.3. Siemens (Germany)
- 9.3.4. Meidensha Corporation (Japan)
- 9.3.5. Regal Rexnord Corporation (U.S.)
- 9.3.6. Toshiba International Corporation (U.S.)
- 9.3.7. Mitsubishi Electric Corporation (Japan)
- 9.3.8. Emerson Electric Corporation (U.S.)
- 9.3.9. Fuji Electric Co., Ltd. (Japan)
- 9.3.10. Turbo Power Systems Limited (U.K.)
Chapter 10. Research Process
- 10.1. Research Process
- 10.1.1. Data Mining
- 10.1.2. Analysis
- 10.1.3. Market Estimation
- 10.1.4. Validation
- 10.1.5. Publishing
- 10.2. Research Attributes
- 10.3. Research Assumption