Global AC Electric Motor Market Report 2025: Market Opportunities & Challenges Outlook
Backed by rigorous analysis and deep industry knowledge, this study is designed to support growth and investment decisions in the ac electric motor market.
How Big Is The AC Electric Motor Market In 2025?
The AC electric motor market size has grown steadily in recent years. It will grow from $17.3 billion in 2024 to $18.08 billion in 2025 at a compound annual growth rate (CAGR) of 4.5%. The growth in the historic period can be attributed to industrial automation demand, electric vehicle adoption, energy efficiency regulations, urban infrastructure growth, and manufacturing sector development.
The AC electric motor market size is expected to see strong growth in the next few years. It will grow to $22.47 billion in 2029 at a compound annual growth rate (CAGR) of 5.6%. The growth in the forecast period can be attributed to smart manufacturing expansion, electric mobility growth, rising industrial digitization, infrastructure modernization, and rising focus on energy conservation. Major trends in the forecast period include advancements in motor control technology, integration with internet of things platforms, development of high-efficiency motors, innovations in cooling systems, and use of advanced materials in motor design.
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AC Electric Motor Market Report 2025
What Are The Major Factors Driving The AC Electric Motor Global Market Growth?
The increasing industrial automation is expected to propel the growth of the AC electric motor market going forward. Industrial automation refers to the use of control systems, such as computers and robots, to handle industrial processes with minimal human intervention which improves production speed, accuracy, and safety while reducing labor costs. Industrial automation is rising due to the increasing need for efficiency, precision, and cost reduction in manufacturing processes, allowing businesses to remain competitive in a rapidly evolving market. AC electric motors help industrial automation by powering robotic arms and automated machinery with precise speed and torque control. For instance, in September 2024, according to the International Federation of Robotics (IFR), a Germany-based non-profit organization, industrial robot installations in the UK rose by 51%, reaching 3,830 units, while in the Americas, over 50,000 units were installed for the third consecutive year, totaling 55,389 units in 2023. Therefore, the increasing industrial automation is driving the growth of AC electric motor market.
AC Electric Motor Market Report Segmentation Analysis
The AC electric motormarket covered in this report is segmented –
1) By Motor Type: Induction Motor, Synchronous Motor
2) By Voltage: High Voltage Motors, Medium Voltage Motors, Low Voltage Motors
3) By Power Output: Fractional Horsepower, Integral Horsepower
4) By Sales Channel: Original Equipment Manufacturer, Aftermarket
5) By End-User: Industrial, Commercial, Residential, Agriculture, Transportation
Subsegments:
1) By Induction Motor: Single-Phase Induction Motor, Three-Phase Induction Motor
2) By Synchronous Motor: Permanent Magnet Synchronous Motor (PMSM), Electrically Excited Synchronous Motor, Reluctance Synchronous Motor
Emerging Trends And Strategic Opportunities In The AC Electric Motor Market
Major companies operating in the AC electric motor market are focusing on advanced technologies such as energy-efficient electric motors allowing for lower energy consumption and higher performance. Energy-efficient electric motors are designed to consume less electricity while delivering the same or improved performance compared to conventional motors which can be achieved through advanced technologies such as optimized winding, improved cooling systems, and better materials that reduce energy losses. For instance, in July 2023, ABB Ltd., a Switzerland-based automation company, launched new AMI 5800 induction motor which features innovative modular mechanical construction and flexible electrical designs. Additionally, it offers high-strength welded steel frame, energy efficiency and is capable of powering demanding applications such as pumps, compressors, fans, and conveyors.
What Are The Top Players Operating In The AC Electric Motor Market?
Major companies operating in the AC electric motor market are Hitachi Ltd., Siemens AG, General Electric Company, Schneider Electric SE, Mitsubishi Electric Corporation, ABB Ltd., Toshiba Corporation, Bosch Rexroth AG, Rockwell Automation Inc., AMETEK Inc., WEG S.A., Johnson Electric Holdings Limited, HD HyundAI Electric Co. Ltd., TECO Electric & Machinery Co. Ltd., CG Power and Industrial Solutions Limited, Ziehl-Abegg SE, Allied Motion Technologies Inc., Yaskawa Electric Corporation, Kirloskar Electric Company Limited, Maxon Motor AG
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https://www.thebusinessresearchcompany.com/report/ac-electric-motor-global-market-report
Which Region Holds The Largest Market Share In The AC Electric Motor Market?
Asia-Pacific was the largest region in the AC electric motor market in 2024. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the AC electric motor market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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