모터 수리 및 유지보수 시장 보고서 : 유형별, 서비스별, 최종 이용 산업별, 지역별(2025-2033년)

The global motor repair and maintenance market size reached USD 33.3 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 36.6 Billion by 2033, exhibiting a growth rate (CAGR) of 1.1% during 2025-2033. The growing purchase of electric vehicles (EVs), rising focus on sustainability and energy efficiency, and increasing number of training programs and partnerships between companies and educational institutions are some of the major factors propelling the market.

Motor repair and maintenance refer to the practices and processes involved in ensuring the proper functioning, reliability, and longevity of electric motors used in various applications. They encompass activities that aim to diagnose, troubleshoot, repair, and optimize motors to keep them operating efficiently and safely. They involve identifying the root causes of motor issues through visual inspection, testing, and data analysis. They also address specific problems, such as overheating, vibration, abnormal noise, or reduced performance. They assist in replacing faulty components, such as bearings, windings, capacitors, or brushes, and restoring the motor to its optimal condition.

At present, the increasing demand for motor repair and maintenance services as regular maintenance enhances the operational life of motors, delaying the need for replacements is impelling the growth of the market. Besides this, the rising investment in motor repair and maintenance services, as that is more economical than dealing with emergency repairs or premature replacements, is contributing to the growth of the market. In addition, the growing emphasis on regular inspections and maintenance to enhance workplace safety by identifying and rectifying potential hazards is offering a favorable market outlook. Apart from this, the increasing development of training programs and partnerships between companies and educational institutions, addressing the lack of skilled technicians, is strengthening the growth of the market. Additionally, the rising focus on adopting energy-efficient motors to reduce carbon emissions is bolstering the growth of the market.

Motor Repair and Maintenance Market Trends/Drivers:

Growing purchase of electric vehicles (EVs)

The increasing popularity of electric vehicles (EVs) is positively impacting the motor repair and maintenance market. The rise of EVs is creating a demand for technicians with specialized skills in EV repair and maintenance. This is leading to the emergence of training programs and certifications for mechanics to acquire the necessary expertise in handling EV-specific systems, such as batteries, electric drivetrains, and charging infrastructure. EVs rely heavily on advanced technologies, such as battery management systems and regenerative braking systems. As a result, repair and maintenance providers need to invest in acquiring the necessary diagnostic tools and equipment to effectively service these high-tech components, thereby enhancing their capabilities.

Rising focus on sustainability and energy efficiency

The rising emphasis on sustainability and energy efficiency is positively impacting the motor repair and maintenance market. Besides this, as industries and businesses increasingly recognize the importance of lowering their carbon footprint, they are seeking more efficient and eco-friendly solutions for their operations, including motor systems. Moreover, the emphasis on sustainability is driving innovations in motor repair and maintenance practices. Service providers are developing techniques to optimize motor efficiency, extend their lifespan, and minimize waste. This contributes to environmental preservation and enhances the overall cost-effectiveness of motor operations for businesses. Furthermore, the market is witnessing a shift towards proactive maintenance strategies, such as predictive maintenance, enabled by advanced technologies, including Internet of Things (IoT) sensors and data analytics. This approach helps identify potential issues before they escalate, reducing downtime and the need for frequent repairs.

Increasing integration of advanced diagnostics and maintenance technologies

The integration of advanced diagnostics and maintenance technologies is exerting a positive impact on the motor repair and maintenance market. These advancements are enhancing the efficiency and effectiveness of motor repair and maintenance processes, thereby benefiting both businesses and consumers. Besides this, by leveraging advanced diagnostic tools, technicians can quickly identify and address issues within motors, reducing downtime and minimizing production disruptions. This results in improved operational continuity and higher overall productivity for businesses that rely on motors for their operations. Additionally, accurate diagnostics enable targeted repairs, reducing unnecessary costs associated with replacing entire motor components. Furthermore, the integration of technologies like Internet of Things (IoT) and machine learning (ML) is leading to the development of smart motor systems, which can monitor their own performance, automatically adjust parameters, and optimize energy consumption.

Motor Repair and Maintenance Industry Segmentation:

Breakup by Type:

General Repair

Bearing

Stator

Rotor

Others

Overhaul

General repair (bearing, stator, rotor, and others) dominates the market

General repair pertains to the comprehensive restoration of vital components such as bearings, stators, rotors, and other integral parts of electric motors. It can significantly extend the operational lifespan of electric motors. By addressing wear and tear, these repairs prevent premature motor failure and the need for costly replacements. Besides this, repaired components ensure that electric motors operate at peak efficiency levels. This efficiency enhancement leads to energy savings and reduced operational costs over time. Moreover, skilled technicians performing repairs are adept at identifying underlying issues that could impact motor performance. This diagnostic expertise helps in addressing potential problems proactively, preventing further damage.

Breakup by Service:

On-site Service

Off-site Service

On-site service holds the largest share in the market

On-site motor repair services offer the convenience of addressing issues directly at the location of the client, minimizing downtime and operational disruptions. Skilled technicians with expertise in motor systems can diagnose problems, perform necessary repairs, and conduct routine maintenance tasks to keep motors running smoothly. On-site motor repair services often offer emergency response capabilities to address critical issues promptly. This minimizes downtime and helps clients resume their operations quickly. On-site technicians can better understand the specific requirements of your equipment and operations, enabling them to provide customized solutions that align with your business needs. Furthermore, on-site services eliminate the need for shipping or transporting motors to repair facilities. This translates to lower transportation costs, reduced equipment handling risks, and potentially faster turnaround times.

Breakup by End Use Industry:

Utilities (water, electricity, and gas)

HVAC

Food and Beverage

Mining

Others

Utilities (water, electricity, and gas) hold the biggest share of the market

Motor repair and maintenance play a crucial role in ensuring the smooth and reliable operation of utility services, such as water, electricity, and gas. These utilities are essential for modern life, and any disruptions can lead to significant inconvenience and economic losses. In the realm of water utilities, motors are employed in pumping stations to transport water from treatment plants to distribution networks. Routine maintenance of these motors ensures a consistent water supply to communities, reducing the risk of shortages or service interruptions. In electricity distribution, motors are utilized in various components of the power grid, including generators, transformers, and distribution networks. Regular maintenance safeguards against power outages help maintain voltage stability and promote the overall reliability of the electrical supply.

Breakup by Region:

North America

Europe

Asia Pacific

Rest of the World

Asia Pacific exhibits a clear dominance, accounting for the largest motor repair and maintenance market share

The market research report has also provided a comprehensive analysis of all the major regional markets, which include North America, Europe, Asia Pacific, and the rest of the world. According to the report, Asia Pacific accounted for the largest market share.

Asia Pacific held the biggest market share due to the increasing installation of heavy and efficient machinery in industries to improve efficiency and productivity. Besides this, the rising integration of advanced technologies, such as predictive maintenance, Internet of Things (IoT), and artificial intelligence (AI)-based diagnostics, is contributing to the growth of the market. Apart from this, the increasing focus on energy efficiency and emphasis on sustainable practices is supporting the growth of the market. Additionally, the rising shift from reactive maintenance to preventive maintenance strategies among businesses is strengthening the growth of the market.

North America is estimated to expand further in this domain due to the increasing emphasis on sustainability to lower the harmful effects of global warming. Besides this, the rising popularity of EVs is bolstering the growth of the market.

Competitive Landscape:

Key market players are leveraging advanced technologies, such as predictive maintenance, IoT, and AI-powered analytics to monitor equipment health in real-time, carry out preventive repairs, minimize downtime, and improve overall operational efficiency. They are also investing in training and upskilling their technicians to have updated knowledge about the latest repair and maintenance techniques. Top companies are expanding their service portfolios by offering specialized repair services for different types of motors, customized maintenance plans, and remote monitoring solutions. They are also gaining valuable insights into equipment performance, failure patterns, and maintenance trends by utilizing data analytics. Leading companies are delivering exceptional customer experiences by streamlining communication, providing transparent pricing, and offering convenient scheduling options.

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

ABB Limited

Siemens Aktiengesellschaft

WEG Equipamentos Eletricos SA

Regal Rexnord Corporation

TECO E&M/TECO-Westinghouse

Key Questions Answered in This Report

• 1. What was the size of the global motor repair and maintenance market in 2024?
• 2. What is the expected growth rate of the global motor repair and maintenance market during 2025-2033?
• 3. What are the key factors driving the global motor repair and maintenance market?
• 4. What has been the impact of COVID-19 on the global motor repair and maintenance market?
• 5. What is the breakup of the global motor repair and maintenance market based on the type?
• 6. What is the breakup of the global motor repair and maintenance market based on the service?
• 7. What is the breakup of the global motor repair and maintenance market based on the end-use industry?
• 8. What are the key regions in the global motor repair and maintenance market?
• 9. Who are the key players/companies in the global motor repair and maintenance 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 Motor Repair and Maintenance Market

• 5.1 Market Overview
• 5.2 Market Performance
• 5.3 Impact of COVID-19
• 5.4 Market Breakup by Type
• 5.5 Market Breakup by Service
• 5.6 Market Breakup by End Use Industry
• 5.7 Market Breakup by Region
• 5.8 Market Forecast
• 5.9 SWOT Analysis
  • 5.9.1 Overview
  • 5.9.2 Strengths
  • 5.9.3 Weaknesses
  • 5.9.4 Opportunities
  • 5.9.5 Threats
• 5.10 Value Chain Analysis
  • 5.10.1 Research and Development
  • 5.10.2 Raw Parts/Equipment Procurement
  • 5.10.3 Repair and Maintenance Companies
  • 5.10.4 Distributors and Retailers
  • 5.10.5 On Site Service
  • 5.10.6 End-Users
• 5.11 Porters Five Forces Analysis
  • 5.11.1 Overview
  • 5.11.2 Bargaining Power of Buyers
  • 5.11.3 Bargaining Power of Suppliers
  • 5.11.4 Degree of Competition
  • 5.11.5 Threat of New Entrants
  • 5.11.6 Threat of Substitutes
• 5.12 Key Success and Risk Factors

6 Market Breakup by Type

• 6.1 General Repair
  • 6.1.1 Bearing
    • 6.1.1.1 Market Trends
    • 6.1.1.2 Market Forecast
  • 6.1.2 Stator
    • 6.1.2.1 Market Trends
    • 6.1.2.2 Market Forecast
  • 6.1.3 Rotor
    • 6.1.3.1 Market Trends
    • 6.1.3.2 Market Forecast
  • 6.1.4 Others
    • 6.1.4.1 Market Trends
    • 6.1.4.2 Market Forecast
• 6.2 Overhaul
  • 6.2.1 Market Trends
  • 6.2.2 Market Forecast

7 Market Breakup by Service

• 7.1 On-site Service
  • 7.1.1 Market Trends
  • 7.1.2 Market Forecast
• 7.2 Off-site Service
  • 7.2.1 Market Trends
  • 7.2.2 Market Forecast

8 Market Breakup by End Use Industry

• 8.1 Utilities (water, electricity and gas)
  • 8.1.1 Market Trends
  • 8.1.2 Market Forecast
• 8.2 HVAC
  • 8.2.1 Market Trends
  • 8.2.2 Market Forecast
• 8.3 Food and Beverage
  • 8.3.1 Market Trends
  • 8.3.2 Market Forecast
• 8.4 Mining
  • 8.4.1 Market Trends
  • 8.4.2 Market Forecast
• 8.5 Others
  • 8.5.1 Market Trends
  • 8.5.2 Market Forecast

9 Market Breakup by Region

• 9.1 North America
  • 9.1.1 Market Trends
  • 9.1.2 Market Forecast
• 9.2 Europe
  • 9.2.1 Market Trends
  • 9.2.2 Market Forecast
• 9.3 Asia Pacific
  • 9.3.1 Market Trends
  • 9.3.2 Market Forecast
• 9.4 Rest of the World
  • 9.4.1 Market Trends
  • 9.4.2 Market Forecast

10 Competitive Landscape

• 10.1 Market Structure
• 10.2 Key Players
• 10.3 Profiles of Key Players
  • 10.3.1 ABB Limited
    • 10.3.1.1 Company Overview
    • 10.3.1.2 Company Description
    • 10.3.1.3 Product Portfolio
    • 10.3.1.4 Financials
    • 10.3.1.5 Key Contacts
  • 10.3.2 Siemens Aktiengesellschaft
    • 10.3.2.1 Company Overview
    • 10.3.2.2 Company Description
    • 10.3.2.3 Product Portfolio
    • 10.3.2.4 Financials
    • 10.3.2.5 Key Contacts
  • 10.3.3 WEG Equipamentos Eletricos SA
    • 10.3.3.1 Company Overview
    • 10.3.3.2 Company Description
    • 10.3.3.3 Product Portfolio
    • 10.3.3.4 Financials
    • 10.3.3.5 Key Contacts
  • 10.3.4 Regal Rexnord Corporation
    • 10.3.4.1 Company Overview
    • 10.3.4.2 Company Description
    • 10.3.4.3 Product Portfolio
    • 10.3.4.4 Financials
    • 10.3.4.5 Key Contacts
  • 10.3.5 TECO E&M/TECO-Westinghouse
    • 10.3.5.1 Company Overview
    • 10.3.5.2 Company Description
    • 10.3.5.3 Product Portfolio
    • 10.3.5.4 Financials
    • 10.3.5.5 Key Contacts