産業用モーター市場レポート：モータータイプ、電圧、エンドユーザー、地域別、2024～2032年

世界の産業用モーター市場規模は2023年に235億米ドルに達しました。今後、IMARC Groupは、市場は2032年までに328億米ドルに達し、2024～2032年の間に3.6％の成長率（CAGR）を示すと予測しています。急速な技術進歩、厳しいエネルギー規制の賦課、産業の著しい成長と自動化、インフラへの投資の増加、世界のエネルギー価格の高騰、カスタマイズ型モーターへの需要の高まり、持続可能性の重視の高まりなどが市場を推進する主要要因です。

産業用モーターは、電気エネルギーを機械エネルギーに変換するために使用される電気装置を指します。ローター、ベアリング、ステーター、巻線、フレームなど複数の部品で構成されています。産業用モーターは、製造機械、鉱山機械、水処理プラント、ポンプ場、コンベヤーシステム、エレベーター、船舶、再生可能エネルギープラント、暖房・換気・空調（HVAC）システムなどで広く使用されています。これらは運転効率を高め、エネルギー消費を削減し、機器の寿命を延ばし、正確な制御を提供し、信頼性を高め、自動化を促進し、メンテナンス要件を最小限に抑え、環境基準に適合させる。

輸送システム、水処理施設、再生可能エネルギー・プロジェクトなど、効率的に機能する産業用モーターを必要とするインフラへの投資が増加していることが、市場の成長を後押ししています。さらに、世界のエネルギー価格の高騰は、エネルギー効率を促進し、運用コストを削減する製品需要を促進しています。さらに、顧客独自の要件を満たすためにカスタマイズ型モーターに対する需要の高まりが、市場の成長を後押ししています。これとは別に、老朽化したモーターを最新の規格に適合させ、エネルギー消費を削減するために、様々な産業で製品の採用が増加していることが、市場の成長を強化しています。さらに、持続可能性が重視されるようになったことで、企業はエネルギー効率の高い産業用モーターなど、環境に優しいモーターの採用を促しています。その他の要因としては、急速な産業化活動、広範な研究開発（R&D）作業、メーカーとサプライヤーの協力関係の拡大などがあり、市場成長の原動力になると予想されます。

産業用モーター市場傾向/促進要因

急速な技術の進歩

技術の進化は産業用モーター市場において重要な役割を果たしています。これに伴い、エネルギー効率が高く、インテリジェントで高度に統合されたモーターシステムの開拓につながるモーター設計と制御の革新が市場成長を後押ししています。さらに、材料科学、冷却技術、電子制御システムの進歩により、モーターの性能向上とエネルギー消費の削減が可能になり、市場の成長を支えています。これとは別に、モノのインターネット（IoT）接続、予知保全、遠隔監視などの機能を備えたモーターを導入するために、メーカーが研究開発（R&D）に投資するケースが増えています。

厳しいエネルギー規制の導入

政府や国際機関は、気候変動と闘い、世界のエネルギー消費を削減するため、厳しいエネルギー規制を積極的に実施しています。これらの規制は、産業界に対し、一定の基準や性能基準に適合した、産業用モーターを含むエネルギー効率の高い機器の採用を義務付けています。さらに、様々な地域がモータの最低効率性能基準を設定しているため、メーカーはこれらの基準値を満たすか上回るモータを開発し、産業界はこれを利用するよう強制されています。これとともに、規制の後押しには連鎖効果があり、技術革新を促し、高効率モーターの採用を促進します。さらに、効率と規制の遵守が成功の重要な決定要因となる競合環境が醸成され、産業用モーター市場の力学に大きな影響を与えます。

産業の著しい成長と自動化

産業の急成長とオートメーションの急増は、産業用モーター市場の拡大にとって中心的な要素です。これに伴い、製造業、加工業、自動車産業など、さまざまな機械や設備に電力を供給するための製品需要が高まっており、市場の成長を後押ししています。さらに、正確な制御と信頼性の高い性能を提供するオートメーション技術への製品採用が広がっていることも、市場成長にプラスの影響を与えています。これとともに、自動組立ラインやロボット工学における製品用途の増加が、もう一つの成長促進要因として作用しています。これとは別に、相互接続された自律システムを特徴とするインダストリー4.0に向けた動きは、複雑な産業環境にシームレスに統合できる高度なモーターの必要性をさらに強調しています。

目次

第1章 序文

第2章 調査範囲と調査手法

• 調査の目的
• ステークホルダー
• データソース
  • 一次情報
  • 二次情報
• 市場推定
  • ボトムアップアプローチ
  • トップダウンアプローチ
• 調査手法

第3章 エグゼクティブサマリー

第4章 イントロダクション

• 概要
• 主要業界動向

第5章 世界の産業用モーター市場

• 市場概要
• 市場実績
• COVID-19の影響
• 市場予測

第6章 市場内訳：モータータイプ別

• 交流（AC）モーター
• 直流（DC）モーター
• その他

第7章 市場内訳：電圧別

• 低電圧
• 中電圧
• 高電圧

第8章 市場内訳：エンドユーザー別

• 石油・ガス
• 発電
• 鉱業と金属
• 水と廃水管理
• 化学と石油化学製品
• 個別製造業
• その他

第9章 市場内訳：地域別

• 北米
  • 米国
  • カナダ
• アジア太平洋
  • 中国
  • 日本
  • インド
  • 韓国
  • オーストラリア
  • インドネシア
  • その他
• 欧州
  • ドイツ
  • フランス
  • 英国
  • イタリア
  • スペイン
  • ロシア
  • その他
• ラテンアメリカ
  • ブラジル
  • メキシコ
  • その他
• 中東・アフリカ
  • 市場動向
  • 市場内訳：国別
  • 市場予測

第10章 SWOT分析

• 概要
• 強み
• 弱み
• 機会
• 脅威

第11章 バリューチェーン分析

第12章 ポーターのファイブフォース分析

• 概要
• 買い手の交渉力
• 供給企業の交渉力
• 競合の程度
• 新規参入業者の脅威
• 代替品の脅威

第13章 価格分析

第14章 競合情勢

• 市場構造
• 主要企業
• 主要企業のプロファイル
  • ABB Ltd.
  • Brook Crompton
  • Hitachi Ltd.
  • Johnson Electric Holdings Limited
  • Menzel Elektromotoren GmbH
  • Nidec Corporation
  • Regal Rexnord Corporation
  • Rockwell Automation Inc.
  • Siemens AG
  • Toshiba Corporation

List of Figures

• Figure 1: Global: Industrial Motors Market: Major Drivers and Challenges
• Figure 2: Global: Industrial Motors Market: Sales Value (in Billion US$), 2018-2023
• Figure 3: Global: Industrial Motors Market Forecast: Sales Value (in Billion US$), 2024-2032
• Figure 4: Global: Industrial Motors Market: Breakup by Type of Motor (in %), 2023
• Figure 5: Global: Industrial Motors Market: Breakup by Voltage (in %), 2023
• Figure 6: Global: Industrial Motors Market: Breakup by End User (in %), 2023
• Figure 7: Global: Industrial Motors Market: Breakup by Region (in %), 2023
• Figure 8: Global: Industrial Motors (Alternating Current (AC) Motor) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 9: Global: Industrial Motors (Alternating Current (AC) Motor) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 10: Global: Industrial Motors (Direct Current (DC) Motor) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 11: Global: Industrial Motors (Direct Current (DC) Motor) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 12: Global: Industrial Motors (Other Type of Motors) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 13: Global: Industrial Motors (Other Type of Motors) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 14: Global: Industrial Motors (Low Voltage) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 15: Global: Industrial Motors (Low Voltage) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 16: Global: Industrial Motors (Medium Voltage) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 17: Global: Industrial Motors (Medium Voltage) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 18: Global: Industrial Motors (High Voltage) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 19: Global: Industrial Motors (High Voltage) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 20: Global: Industrial Motors (Oil and Gas) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 21: Global: Industrial Motors (Oil and Gas) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 22: Global: Industrial Motors (Power Generation) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 23: Global: Industrial Motors (Power Generation) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 24: Global: Industrial Motors (Mining and Metals) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 25: Global: Industrial Motors (Mining and Metals) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 26: Global: Industrial Motors (Water and Wastewater Management) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 27: Global: Industrial Motors (Water and Wastewater Management) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 28: Global: Industrial Motors (Chemicals and Petrochemicals) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 29: Global: Industrial Motors (Chemicals and Petrochemicals) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 30: Global: Industrial Motors (Discrete Manufacturing) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 31: Global: Industrial Motors (Discrete Manufacturing) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 32: Global: Industrial Motors (Other End Users) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 33: Global: Industrial Motors (Other End Users) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 34: North America: Industrial Motors Market: Sales Value (in Million US$), 2018 & 2023
• Figure 35: North America: Industrial Motors Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 36: United States: Industrial Motors Market: Sales Value (in Million US$), 2018 & 2023
• Figure 37: United States: Industrial Motors Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 38: Canada: Industrial Motors Market: Sales Value (in Million US$), 2018 & 2023
• Figure 39: Canada: Industrial Motors Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 40: Asia-Pacific: Industrial Motors Market: Sales Value (in Million US$), 2018 & 2023
• Figure 41: Asia-Pacific: Industrial Motors Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 42: China: Industrial Motors Market: Sales Value (in Million US$), 2018 & 2023
• Figure 43: China: Industrial Motors Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 44: Japan: Industrial Motors Market: Sales Value (in Million US$), 2018 & 2023
• Figure 45: Japan: Industrial Motors Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 46: India: Industrial Motors Market: Sales Value (in Million US$), 2018 & 2023
• Figure 47: India: Industrial Motors Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 48: South Korea: Industrial Motors Market: Sales Value (in Million US$), 2018 & 2023
• Figure 49: South Korea: Industrial Motors Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 50: Australia: Industrial Motors Market: Sales Value (in Million US$), 2018 & 2023
• Figure 51: Australia: Industrial Motors Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 52: Indonesia: Industrial Motors Market: Sales Value (in Million US$), 2018 & 2023
• Figure 53: Indonesia: Industrial Motors Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 54: Others: Industrial Motors Market: Sales Value (in Million US$), 2018 & 2023
• Figure 55: Others: Industrial Motors Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 56: Europe: Industrial Motors Market: Sales Value (in Million US$), 2018 & 2023
• Figure 57: Europe: Industrial Motors Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 58: Germany: Industrial Motors Market: Sales Value (in Million US$), 2018 & 2023
• Figure 59: Germany: Industrial Motors Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 60: France: Industrial Motors Market: Sales Value (in Million US$), 2018 & 2023
• Figure 61: France: Industrial Motors Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 62: United Kingdom: Industrial Motors Market: Sales Value (in Million US$), 2018 & 2023
• Figure 63: United Kingdom: Industrial Motors Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 64: Italy: Industrial Motors Market: Sales Value (in Million US$), 2018 & 2023
• Figure 65: Italy: Industrial Motors Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 66: Spain: Industrial Motors Market: Sales Value (in Million US$), 2018 & 2023
• Figure 67: Spain: Industrial Motors Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 68: Russia: Industrial Motors Market: Sales Value (in Million US$), 2018 & 2023
• Figure 69: Russia: Industrial Motors Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 70: Others: Industrial Motors Market: Sales Value (in Million US$), 2018 & 2023
• Figure 71: Others: Industrial Motors Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 72: Latin America: Industrial Motors Market: Sales Value (in Million US$), 2018 & 2023
• Figure 73: Latin America: Industrial Motors Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 74: Brazil: Industrial Motors Market: Sales Value (in Million US$), 2018 & 2023
• Figure 75: Brazil: Industrial Motors Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 76: Mexico: Industrial Motors Market: Sales Value (in Million US$), 2018 & 2023
• Figure 77: Mexico: Industrial Motors Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 78: Others: Industrial Motors Market: Sales Value (in Million US$), 2018 & 2023
• Figure 79: Others: Industrial Motors Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 80: Middle East and Africa: Industrial Motors Market: Sales Value (in Million US$), 2018 & 2023
• Figure 81: Middle East and Africa: Industrial Motors Market: Breakup by Country (in %), 2023
• Figure 82: Middle East and Africa: Industrial Motors Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 83: Global: Industrial Motors Industry: SWOT Analysis
• Figure 84: Global: Industrial Motors Industry: Value Chain Analysis
• Figure 85: Global: Industrial Motors Industry: Porter's Five Forces Analysis

List of Tables

• Table 1: Global: Industrial Motors Market: Key Industry Highlights, 2023 and 2032
• Table 2: Global: Industrial Motors Market Forecast: Breakup by Type of Motor (in Million US$), 2024-2032
• Table 3: Global: Industrial Motors Market Forecast: Breakup by Voltage (in Million US$), 2024-2032
• Table 4: Global: Industrial Motors Market Forecast: Breakup by End User (in Million US$), 2024-2032
• Table 5: Global: Industrial Motors Market Forecast: Breakup by Region (in Million US$), 2024-2032
• Table 6: Global: Industrial Motors Market: Competitive Structure
• Table 7: Global: Industrial Motors Market: Key Players

The global industrial motors market size reached US$ 23.5 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 32.8 Billion by 2032, exhibiting a growth rate (CAGR) of 3.6% during 2024-2032. The rapid technological advancements, imposition of stringent energy regulations, significant industrial growth and automation, increasing investment in infrastructure, escalating energy prices across the globe, growing demand for customized motors, and increasing emphasis on sustainability are some of the major factors propelling the market.

Industrial motors refer to electrical devices used to convert electrical energy into mechanical energy. They are comprised of several components, such as rotors, bearings, stators, windings, and frames. Industrial motors are widely used in manufacturing machinery, mining equipment, water treatment plants, pumping stations, conveyor systems, elevators, marine vessels, renewable energy plants, and heating, ventilation, and air conditioning (HVAC) systems. They enhance operational efficiency, reduce energy consumption, extend equipment lifespan, provide precise control, increase reliability, facilitate automation, minimize maintenance requirements, and comply with environmental standards.

The increasing investment in infrastructures, such as transportation systems, water treatment facilities, and renewable energy projects, which require industrial motors to function efficiently, is propelling the market growth. Additionally, the escalating energy prices across the globe are facilitating product demand to promote energy efficiency and reduce operational costs. Furthermore, the growing demand for customized motors to meet clients' unique requirements is boosting the market growth. Apart from this, the rising product adoption across various industries to replace aging motors to comply with modern standards and reduce energy consumption is strengthening the market growth. Moreover, the increasing emphasis on sustainability is prompting companies to adopt eco-friendly, including energy-efficient industrial motors. Other factors, including rapid industrialization activities, extensive research and development (R&D) work, and the growing collaboration between manufacturers and suppliers, are anticipated to drive the market growth.

Industrial Motors Market Trends/Drivers:

The rapid technological advancements

The evolution of technology is playing a crucial role in the industrial motors market. In line with this, the innovations in motor design and controls that are leading to the development of energy-efficient, intelligent, and highly integrated motor systems are boosting the market growth. Furthermore, the advancements in material science, cooling techniques, and electronic control systems, which allow motors to operate with enhanced performance and reduced energy consumption, are supporting the market growth. Apart from this, manufacturers are increasingly investing in research and development (R&D) to introduce motors with features such as the Internet of Things (IoT) connectivity, predictive maintenance, and remote monitoring.

The imposition of stringent energy regulations

Governments and international organizations are actively enforcing stringent energy regulations to combat climate change and reduce global energy consumption. These regulations require industries to adopt energy-efficient equipment, including industrial motors, that comply with certain standards and performance criteria. Furthermore, various regions have set minimum efficiency performance standards for motors, thus compelling manufacturers to develop and industries to utilize motors that meet or exceed these thresholds. Along with this, the regulatory push has a cascading effect, driving innovation and encouraging the adoption of high-efficiency motors. Moreover, it fosters a competitive environment where efficiency and compliance with regulations become key determinants of success, thereby significantly influencing the dynamics of the industrial motors market.

The significant industrial growth and automation

The rapid growth of industries, coupled with the surge in automation, is central to the expansion of the industrial motors market. In line with this, the growing product demand from industries, such as manufacturing, processing, and automotive to power various machinery and equipment is boosting the market growth. Furthermore, the widespread product adoption in automation technology to provide precise control and reliable performance is positively influencing the market growth. Along with this, the rising product application in automated assembly lines and robotics is acting as another growth-inducing factor. Apart from this, the push towards Industry 4.0, which is characterized by interconnected and autonomous systems, is further emphasizing the need for advanced motors that can seamlessly integrate into complex industrial environments.

Industrial motors Industry Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the global industrial motors market report, along with forecasts at the global, regional and country levels from 2024-2032. Our report has categorized the market based on type of motor, voltage and end user.

Breakup by Type of Motor:

Alternating Current (AC) Motor

Direct Current (DC) Motor

Others

Alternating current (AC) motor dominates the market

The report has provided a detailed breakup and analysis of the market based on the type of motor. This includes alternating current (AC) motor, direct current (DC) motor, and others. According to the report, alternating current (AC) motor represented the largest segment.

Alternating current (AC) motors are dominating the market as they are more energy-efficient compared to DC motors, especially in continuous operation scenarios. This alignment with energy conservation goals makes them more attractive to industries aiming to reduce operational costs. Furthermore, they are known for their simple construction and fewer components, making them less prone to wear and tear. This contributes to their reliability and lower maintenance needs, both of which are vital in industrial settings. Besides this, the production and maintenance of AC motors are less expensive compared to their DC counterparts. Moreover, the direct compatibility of AC motors with industrial and commercial power systems, which simplifies integration and eliminates the need for additional conversion equipment, is favoring the market growth.

Breakup by Voltage:

Low Voltage

Medium Voltage

High Voltage

Low voltage dominates the market

The report has provided a detailed breakup and analysis of the market based on the voltage. This includes low, medium, and high voltage. According to the report, low voltage represented the largest segment.

Low voltage motors operate at a higher efficiency compared to their high voltage counterparts, which translates into energy savings, aligning with global energy conservation goals. Apart from this, they are suitable for a wide range of industrial applications, from simple conveyance systems to complex manufacturing machinery, which is contributing to the market growth. Additionally, low voltage motors can be more readily integrated into existing systems without the need for substantial infrastructure modifications. Furthermore, they allow the use of less expensive protection and control equipment, making them a more economical option. Besides this, the growing demand for low voltage motors to meet energy-efficiency standards and comply with electrical codes is contributing to the market growth.

Breakup by End User:

Oil and Gas

Power Generation

Mining and Metals

Water and Wastewater Management

Chemicals and Petrochemicals

Discrete Manufacturing

Others

Oil and gas dominate the market

The report has provided a detailed breakup and analysis of the market based on the end user. This includes oil and gas, power generation, mining and metals, water and wastewater management, chemicals and petrochemicals, discrete manufacturing, and others. According to the report, oil and gas represented the largest market segment.

The oil and gas sector is dominating the market as it requires industrial motors to drive its various processes, such as drilling, extraction, refining, and transportation. Furthermore, the industry's operations are multifaceted and require a range of specialized equipment. In line with this, industrial motors play a vital role, offering precise control and consistent performance, thus making them indispensable to the industry. Besides this, the oil and gas industry is spread across the globe and operates in diverse and often remote locations. The extensive utilization of industrial motors within these various locations contributes to the market expansion. Moreover, the industry's emphasis on efficiency, safety, and environmental compliance, which has led to significant investments in technological advancements, including state-of-the-art industrial motors, is positively influencing the market growth.

Breakup by Region:

North America

United States

Canada

Asia-Pacific

China

Japan

India

South Korea

Australia

Indonesia

Others

Europe

Germany

France

United Kingdom

Italy

Spain

Russia

Others

Latin America

Brazil

Mexico

Others

Middle East and Africa

Asia Pacific exhibits a clear dominance in the market, accounting for the largest industrial motors market share

The report has also provided a comprehensive analysis of all the major regional markets, which includes North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, Asia Pacific represented the largest market segment.

Asia Pacific is witnessing fast-paced industrial growth in manufacturing, automotive, and construction, leading to the increased demand for industrial motors. Furthermore, the introduction of supportive policies by the regional governments promoting manufacturing and industrial development through incentives, subsidies, and favorable regulations is acting as another growth-inducing factor. Apart from this, the significant investments in infrastructure projects, such as railways, power plants, and water treatment facilities, which require the use of industrial motors, are supporting the market growth. Additionally, the increasing push towards energy conservation in the Asia Pacific, leading to the implementation of strict energy regulations and the adoption of energy-efficient motors, is strengthening the market growth. Moreover, the abundant supply of raw materials and labor force, which makes it a cost-effective hub for the manufacturing of industrial motors, attracting both local and foreign companies, is propelling the market growth.

Competitive Landscape:

The top industrial motor companies are creating advanced, energy-efficient, and intelligent motor solutions to provide a competitive edge and cater to diverse industrial applications. Furthermore, many companies are expanding their global footprint through strategic acquisitions, mergers, and partnerships to access new markets, share technological expertise, and optimize resources. Additionally, they are offering tailored solutions to meet specific customer requirements and enhance their product portfolios. Moreover, several key players are developing eco-friendly products that align with global sustainability goals and regulations. Along with this, they are emphasizing quality control and adherence to international standards to ensure that the motors meet stringent quality benchmarks. In addition, companies are providing comprehensive after-sales support, including maintenance, repair, and technical guidance, which aids in maintaining long-term relationships with customers and ensuring product longevity.

The report has provided a comprehensive analysis of the competitive landscape in the global industrial motors market. Detailed profiles of all major companies have also been provided. Some of the key players in the market include:

ABB Ltd.

Brook Crompton

Hitachi Ltd.

Johnson Electric Holdings Limited

Menzel Elektromotoren GmbH

Nidec Corporation

Regal Rexnord Corporation

Rockwell Automation Inc.

Siemens AG

Toshiba Corporation

Recent Developments:

In August 2021, ABB Ltd. announced its plan to expand its low-voltage motor facility in Faridabad, India.

In October 2022, Hitachi Ltd. announced its plan to expand its electrification business and provide inverters and motors to JATCO Ltd.

In February 2022, Menzel Elektromotoren GmbH signed a contract to begin the construction of a new and larger motor plant in Hennigsdorf, near Berlin.

Key Questions Answered in This Report

• 1. How big is the global industrial motors market?
• 2. What is the expected growth rate of the global industrial motors market during 2024-2032?
• 3. What are the key factors driving the global industrial motors market?
• 4. What has been the impact of COVID-19 on the global industrial motors market?
• 5. What is the breakup of the global industrial motors market based on the type of motor?
• 6. What is the breakup of the global industrial motors market based on the voltage?
• 7. What is the breakup of the global industrial motors market based on end user?
• 8. What are the key regions in the global industrial motors market?
• 9. Who are the key players/companies in the global industrial motors market?

Table of Contents

1 Preface

2 Scope and Methodology

• 2.1 Objectives of the Study
• 2.2 Stakeholders
• 2.3 Data Sources
  • 2.3.1 Primary Sources
  • 2.3.2 Secondary Sources
• 2.4 Market Estimation
  • 2.4.1 Bottom-Up Approach
  • 2.4.2 Top-Down Approach
• 2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

• 4.1 Overview
• 4.2 Key Industry Trends

5 Global Industrial Motors Market

• 5.1 Market Overview
• 5.2 Market Performance
• 5.3 Impact of COVID-19
• 5.4 Market Forecast

6 Market Breakup by Type of Motor

• 6.1 Alternating Current (AC) Motor
  • 6.1.1 Market Trends
  • 6.1.2 Market Forecast
• 6.2 Direct Current (DC) Motor
  • 6.2.1 Market Trends
  • 6.2.2 Market Forecast
• 6.3 Others
  • 6.3.1 Market Trends
  • 6.3.2 Market Forecast

7 Market Breakup by Voltage

• 7.1 Low Voltage
  • 7.1.1 Market Trends
  • 7.1.2 Market Forecast
• 7.2 Medium Voltage
  • 7.2.1 Market Trends
  • 7.2.2 Market Forecast
• 7.3 High Voltage
  • 7.3.1 Market Trends
  • 7.3.2 Market Forecast

8 Market Breakup by End User

• 8.1 Oil and Gas
  • 8.1.1 Market Trends
  • 8.1.2 Market Forecast
• 8.2 Power Generation
  • 8.2.1 Market Trends
  • 8.2.2 Market Forecast
• 8.3 Mining and Metals
  • 8.3.1 Market Trends
  • 8.3.2 Market Forecast
• 8.4 Water and Wastewater Management
  • 8.4.1 Market Trends
  • 8.4.2 Market Forecast
• 8.5 Chemicals and Petrochemicals
  • 8.5.1 Market Trends
  • 8.5.2 Market Forecast
• 8.6 Discrete Manufacturing
  • 8.6.1 Market Trends
  • 8.6.2 Market Forecast
• 8.7 Others
  • 8.7.1 Market Trends
  • 8.7.2 Market Forecast

9 Market Breakup by Region

• 9.1 North America
  • 9.1.1 United States
    • 9.1.1.1 Market Trends
    • 9.1.1.2 Market Forecast
  • 9.1.2 Canada
    • 9.1.2.1 Market Trends
    • 9.1.2.2 Market Forecast
• 9.2 Asia-Pacific
  • 9.2.1 China
    • 9.2.1.1 Market Trends
    • 9.2.1.2 Market Forecast
  • 9.2.2 Japan
    • 9.2.2.1 Market Trends
    • 9.2.2.2 Market Forecast
  • 9.2.3 India
    • 9.2.3.1 Market Trends
    • 9.2.3.2 Market Forecast
  • 9.2.4 South Korea
    • 9.2.4.1 Market Trends
    • 9.2.4.2 Market Forecast
  • 9.2.5 Australia
    • 9.2.5.1 Market Trends
    • 9.2.5.2 Market Forecast
  • 9.2.6 Indonesia
    • 9.2.6.1 Market Trends
    • 9.2.6.2 Market Forecast
  • 9.2.7 Others
    • 9.2.7.1 Market Trends
    • 9.2.7.2 Market Forecast
• 9.3 Europe
  • 9.3.1 Germany
    • 9.3.1.1 Market Trends
    • 9.3.1.2 Market Forecast
  • 9.3.2 France
    • 9.3.2.1 Market Trends
    • 9.3.2.2 Market Forecast
  • 9.3.3 United Kingdom
    • 9.3.3.1 Market Trends
    • 9.3.3.2 Market Forecast
  • 9.3.4 Italy
    • 9.3.4.1 Market Trends
    • 9.3.4.2 Market Forecast
  • 9.3.5 Spain
    • 9.3.5.1 Market Trends
    • 9.3.5.2 Market Forecast
  • 9.3.6 Russia
    • 9.3.6.1 Market Trends
    • 9.3.6.2 Market Forecast
  • 9.3.7 Others
    • 9.3.7.1 Market Trends
    • 9.3.7.2 Market Forecast
• 9.4 Latin America
  • 9.4.1 Brazil
    • 9.4.1.1 Market Trends
    • 9.4.1.2 Market Forecast
  • 9.4.2 Mexico
    • 9.4.2.1 Market Trends
    • 9.4.2.2 Market Forecast
  • 9.4.3 Others
    • 9.4.3.1 Market Trends
    • 9.4.3.2 Market Forecast
• 9.5 Middle East and Africa
  • 9.5.1 Market Trends
  • 9.5.2 Market Breakup by Country
  • 9.5.3 Market Forecast

10 SWOT Analysis

• 10.1 Overview
• 10.2 Strengths
• 10.3 Weaknesses
• 10.4 Opportunities
• 10.5 Threats

11 Value Chain Analysis

12 Porters Five Forces Analysis

• 12.1 Overview
• 12.2 Bargaining Power of Buyers
• 12.3 Bargaining Power of Suppliers
• 12.4 Degree of Competition
• 12.5 Threat of New Entrants
• 12.6 Threat of Substitutes

13 Price Analysis

14 Competitive Landscape

• 14.1 Market Structure
• 14.2 Key Players
• 14.3 Profiles of Key Players
  • 14.3.1 ABB Ltd.
    • 14.3.1.1 Company Overview
    • 14.3.1.2 Product Portfolio
    • 14.3.1.3 Financials
    • 14.3.1.4 SWOT Analysis
  • 14.3.2 Brook Crompton
    • 14.3.2.1 Company Overview
    • 14.3.2.2 Product Portfolio
  • 14.3.3 Hitachi Ltd.
    • 14.3.3.1 Company Overview
    • 14.3.3.2 Product Portfolio
    • 14.3.3.3 Financials
    • 14.3.3.4 SWOT Analysis
  • 14.3.4 Johnson Electric Holdings Limited
    • 14.3.4.1 Company Overview
    • 14.3.4.2 Product Portfolio
    • 14.3.4.3 Financials
    • 14.3.4.4 SWOT Analysis
  • 14.3.5 Menzel Elektromotoren GmbH
    • 14.3.5.1 Company Overview
    • 14.3.5.2 Product Portfolio
  • 14.3.6 Nidec Corporation
    • 14.3.6.1 Company Overview
    • 14.3.6.2 Product Portfolio
    • 14.3.6.3 Financials
    • 14.3.6.4 SWOT Analysis
  • 14.3.7 Regal Rexnord Corporation
    • 14.3.7.1 Company Overview
    • 14.3.7.2 Product Portfolio
    • 14.3.7.3 Financials
  • 14.3.8 Rockwell Automation Inc.
    • 14.3.8.1 Company Overview
    • 14.3.8.2 Product Portfolio
    • 14.3.8.3 Financials
    • 14.3.8.4 SWOT Analysis
  • 14.3.9 Siemens AG
    • 14.3.9.1 Company Overview
    • 14.3.9.2 Product Portfolio
    • 14.3.9.3 Financials
    • 14.3.9.4 SWOT Analysis
  • 14.3.10 Toshiba Corporation
    • 14.3.10.1 Company Overview
    • 14.3.10.2 Product Portfolio
    • 14.3.10.3 Financials