산업용 모터 시장 예측(-2030년) : 제품 유형별, 위상별, 전압별, 효율별, 정격 전력별, 최종사용자별, 지역별 세계 분석

According to Stratistics MRC, the Global Industrial Motors Market is accounted for $21.5 billion in 2024 and is expected to reach $31.8 billion by 2030 growing at a CAGR of 6.7% during the forecast period. Industrial motors are powerful electric engines driving machinery in factories, plants, and utilities. They are designed to meet the demanding conditions of industrial environments, offering durability, efficiency, and reliability. They provide reliable performance, enhance productivity, and minimize downtime. With various types available, they can be tailored to specific applications, ensuring optimal performance. Their durability and robust design make them suitable for harsh industrial environments. Additionally, advancements in technology have improved their control, speed, and torque capabilities, boosting overall efficiency.

According to the United Nations Industrial Development Organization (UNIDO), industrial electric motors consume around 70% of the total industrial electricity consumption in developing countries and emerging economies.

Market Dynamics:

Driver:

Increasing industrial automation

The increasing industrial automation is a significant driver for the industrial motors market. As industries strive for higher efficiency, productivity, and precision, the adoption of automation technologies is on the rise. Industrial motors are essential components in automated systems, powering machinery, conveyors, and robotic arms. The shift towards smart factories and Industry 4.0 further accelerates the demand for advanced motors that can integrate with IoT and AI systems. This trend is expected to continue, driving the growth of the industrial motors market.

Restraint:

Maintenance and operational costs

The costs associated with maintenance, repairs, and downtime can be substantial, especially for large-scale operations. Additionally, the operational costs, including energy consumption, can be high, particularly for older, less efficient motors. These factors can deter companies from investing in new motor technologies, impacting market growth.

Opportunity:

Rise of industry 4.0 and smart manufacturing

The rise of Industry 4.0 and smart manufacturing presents significant opportunities for the industrial motors market. Industry 4.0 emphasizes the integration of digital technologies, such as IoT, AI, and big data analytics, into manufacturing processes. Smart manufacturing relies on advanced motor systems that can communicate, monitor, and optimize performance in real-time. The demand for intelligent, energy-efficient, and connected motors is growing as industries adopt these technologies to enhance productivity, reduce downtime, and improve overall operational efficiency. This trend is expected to drive innovation and growth in the industrial motors market.

Threat:

Increasingly stringent environmental regulations

Governments worldwide are implementing stricter regulations to reduce carbon emissions and promote energy efficiency. Compliance with these regulations often requires significant investments in new technologies and retrofitting existing systems. The cost and complexity of meeting these standards can be a burden for manufacturers, potentially slowing down the adoption of new motor technologies. Additionally, non-compliance can result in penalties and reputational damage, further impacting market growth.

Covid-19 Impact:

The COVID-19 pandemic had a mixed impact on the industrial motors market. Initially, disruptions in supply chains and manufacturing operations led to a decline in demand. However, the pandemic also accelerated the adoption of automation and digital technologies as companies sought to enhance resilience and efficiency. As industries recover and adapt to the new normal, the demand for advanced industrial motors is expected to rebound, driven by the need for automation and smart manufacturing solutions.

The AC motors segment is expected to be the largest during the forecast period

The AC Motors segment is expected to be the largest during the forecast period. AC motors are widely used across various industries due to their reliability, efficiency, and low maintenance requirements. They are essential for applications requiring constant speed and high power, such as pumps, compressors, and conveyor systems. The versatility and cost-effectiveness of AC motors make them a preferred choice for industrial applications. The ongoing advancements in AC motor technologies, including the integration of smart features and energy-efficient designs, further drive their adoption and market growth.

The IE4 segment is expected to have the highest CAGR during the forecast period

The IE4 segment is expected to have the highest CAGR during the forecast period. IE4 motors, also known as Super Premium Efficiency motors, offer superior energy efficiency compared to lower efficiency classes. The growing emphasis on energy conservation and sustainability drives the demand for IE4 motors, as they help reduce energy consumption and operational costs. Industries are increasingly adopting IE4 motors to comply with stringent energy efficiency regulations and achieve long-term cost savings. The rising awareness of environmental impact and the benefits of high-efficiency motors contribute to the rapid growth of the IE4 segment.

Region with largest share:

The Asia Pacific region is positioned to dominate the industrial motors market. The region's leadership is driven by rapid industrialization, infrastructure development, and the expansion of manufacturing activities in countries like China, India, and Japan. The growing demand for energy-efficient and high-performance motors in various industries, including automotive, electronics, and construction, fuels market growth. Additionally, government initiatives to promote smart manufacturing and energy conservation further boost the adoption of advanced industrial motors in the Asia Pacific region.

Region with highest CAGR:

The Asia Pacific region anticipates rapid growth in the industrial motors market. The region's high growth rate is attributed to the increasing investments in industrial automation, smart manufacturing, and infrastructure projects. The rising demand for efficient and reliable motor solutions in emerging economies, coupled with supportive government policies, drives market expansion. The presence of major manufacturing hubs and the continuous advancements in motor technologies further contribute to the region's rapid growth, making it a key market for industrial motors.

Key players in the market

Some of the key players in Industrial Motors Market include ABB Ltd, Siemens AG, General Electric Company, Nidec Corporation, WEG S.A., Toshiba Corporation, Regal Beloit Corporation, Rockwell Automation, Inc., Schneider Electric SE, Mitsubishi Electric Corporation, Hitachi, Ltd., Johnson Electric Holdings Limited, TECO Electric & Machinery Co., Ltd., Emerson Electric Co., Bosch Rexroth AG, SEW-Eurodrive GmbH & Co KG, Yaskawa Electric Corporation, Baldor Electric Company, Brook Crompton and Leroy-Somer.

Key Developments:

In June 2024, Nidec Corporation announced that Nidec Motor (Dalian) Limited ("Nidec Motor (Dalian)"), a corporation that the Company owns in China, has developed a new air suspension motor for automobiles. By utilizing its long-nurtured technologies for brake and power steering motors and other drivetrain products, Nidec Motor (Dalian) has developed this latest air suspension motor.

In May 2024, Siemens, a leading technology company, announced a breakthrough in the longstanding challenge of closely managing numerous hardware control points throughout the factory. The solution is the new Siemens Simatic Automation Workstation, which allows manufacturers to replace a hardware PLC, a conventional HMI and an edge device with a single, software-based workstation. This ushers in Information Technology (IT) workflows to Operational Technology (OT) environments.

In April 2024, Regal Rexnord Corporation announced that it closed the previously announced sale of its Industrial Motors and Generators business that comprises the substantial majority of its Industrial Systems segment to certain subsidiaries of WEG S.A.

Product Types Covered:

• AC Motors
• DC Motors
• Servo Motors
• Stepper Motors

Phases Covered:

• Single-Phase
• Three-Phase

Voltages Covered:

• Low Voltage Motors
• Medium Voltage Motors
• High Voltage Motors

Efficiencies Covered:

• IE1
• IE2
• IE3
• IE4

Power Ratings Covered:

• Fractional Horsepower (FHP)
• Integral Horsepower (IHP)

End Users Covered:

• Automotive
• Aerospace
• HVAC
• Food Processing Equipment
• Textile
• Transportation
• Oil & Gas
• Power Generation
• Industrial Machinery
• Plastics and Packaging
• Industrial Automation
• Water and Wastewater Treatment
• Chemicals and Petrochemicals
• Mining and Metals
• Infrastructure and Construction
• Pulp and Paper
• Other End Users

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

• 2.1 Abstract
• 2.2 Stake Holders
• 2.3 Research Scope
• 2.4 Research Methodology
  • 2.4.1 Data Mining
  • 2.4.2 Data Analysis
  • 2.4.3 Data Validation
  • 2.4.4 Research Approach
• 2.5 Research Sources
  • 2.5.1 Primary Research Sources
  • 2.5.2 Secondary Research Sources
  • 2.5.3 Assumptions

3 Market Trend Analysis

• 3.1 Introduction
• 3.2 Drivers
• 3.3 Restraints
• 3.4 Opportunities
• 3.5 Threats
• 3.6 Product Analysis
• 3.7 End User Analysis
• 3.8 Emerging Markets
• 3.9 Impact of Covid-19

4 Porters Five Force Analysis

• 4.1 Bargaining power of suppliers
• 4.2 Bargaining power of buyers
• 4.3 Threat of substitutes
• 4.4 Threat of new entrants
• 4.5 Competitive rivalry

5 Global Industrial Motors Market, By Product Type

• 5.1 Introduction
• 5.2 AC Motors
  • 5.2.1 Induction Motors (AC Induction Motors)
    • 5.2.1.1 Squirrel Cage Motors
    • 5.2.1.2 Wound Rotor Motors
  • 5.2.2 Synchronous Motors
    • 5.2.2.1 Permanent Magnet Synchronous Motors (PMSM)
    • 5.2.2.2 Wound-Rotor Synchronous Motors
  • 5.2.3 Subsynchronous Motors
• 5.3 DC Motors
  • 5.3.1 Brushed DC Motors
    • 5.3.1.1 Permanent Magnet DC Motors (PMDC)
    • 5.3.1.2 Series-Wound DC Motors
    • 5.3.1.3 Shunt-Wound DC Motors
    • 5.3.1.4 Compound Wound DC Motors
  • 5.3.2 Brushless DC Motors (BLDC Motors)
• 5.4 Servo Motors
• 5.5 Stepper Motors

6 Global Industrial Motors Market, By Phase

• 6.1 Introduction
• 6.2 Single-Phase
• 6.3 Three-Phase

7 Global Industrial Motors Market, By Voltage

• 7.1 Introduction
• 7.2 Low Voltage Motors
• 7.3 Medium Voltage Motors
• 7.4 High Voltage Motors

8 Global Industrial Motors Market, By Efficiency

• 8.1 Introduction
• 8.2 IE1
• 8.3 IE2
• 8.4 IE3
• 8.5 IE4

9 Global Industrial Motors Market, By Power Rating

• 9.1 Introduction
• 9.2 Fractional Horsepower (FHP)
• 9.3 Integral Horsepower (IHP)

10 Global Industrial Motors Market, By End User

• 10.1 Introduction
• 10.2 Automotive
• 10.3 Aerospace
• 10.4 HVAC
• 10.5 Food Processing Equipment
• 10.6 Textile
• 10.7 Transportation
• 10.8 Oil & Gas
• 10.9 Power Generation
• 10.10 Industrial Machinery
• 10.11 Plastics and Packaging
• 10.12 Industrial Automation
• 10.13 Water and Wastewater Treatment
• 10.14 Chemicals and Petrochemicals
• 10.15 Mining and Metals
• 10.16 Infrastructure and Construction
• 10.17 Pulp and Paper
• 10.18 Other End Users

11 Global Industrial Motors Market, By Geography

• 11.1 Introduction
• 11.2 North America
  • 11.2.1 US
  • 11.2.2 Canada
  • 11.2.3 Mexico
• 11.3 Europe
  • 11.3.1 Germany
  • 11.3.2 UK
  • 11.3.3 Italy
  • 11.3.4 France
  • 11.3.5 Spain
  • 11.3.6 Rest of Europe
• 11.4 Asia Pacific
  • 11.4.1 Japan
  • 11.4.2 China
  • 11.4.3 India
  • 11.4.4 Australia
  • 11.4.5 New Zealand
  • 11.4.6 South Korea
  • 11.4.7 Rest of Asia Pacific
• 11.5 South America
  • 11.5.1 Argentina
  • 11.5.2 Brazil
  • 11.5.3 Chile
  • 11.5.4 Rest of South America
• 11.6 Middle East & Africa
  • 11.6.1 Saudi Arabia
  • 11.6.2 UAE
  • 11.6.3 Qatar
  • 11.6.4 South Africa
  • 11.6.5 Rest of Middle East & Africa

12 Key Developments

• 12.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 12.2 Acquisitions & Mergers
• 12.3 New Product Launch
• 12.4 Expansions
• 12.5 Other Key Strategies

13.1 Company Profiling

• 13.1 ABB Ltd
• 13.2 Siemens AG
• 13.3 General Electric Company
• 13.4 Nidec Corporation
• 13.5 WEG S.A.
• 13.6 Toshiba Corporation
• 13.7 Regal Beloit Corporation
• 13.8 Rockwell Automation, Inc.
• 13.9 Schneider Electric SE
• 13.10 Mitsubishi Electric Corporation
• 13.11 Hitachi, Ltd.
• 13.12 Johnson Electric Holdings Limited
• 13.13 TECO Electric & Machinery Co., Ltd.
• 13.14 Emerson Electric Co.
• 13.15 Bosch Rexroth AG
• 13.16 SEW-Eurodrive GmbH & Co KG
• 13.17 Yaskawa Electric Corporation
• 13.18 Baldor Electric Company
• 13.19 Brook Crompton
• 13.20 Leroy-Somer