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Electric Motor Market - Global Forecast 2025-2032

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    Report

  • 196 Pages
  • October 2025
  • Region: Global
  • 360iResearch™
  • ID: 4896529
UP TO OFF until Jan 01st 2026
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The electric motor market is rapidly transforming industrial processes and business strategies worldwide. For senior decision-makers, understanding this sector is essential for aligning operational priorities with evolving regulatory, efficiency, and sustainability standards.

Market Snapshot: Electric Motor Market Size and Outlook

In 2024, the global electric motor market reached a total value of USD 148.53 billion. Projections show further growth to USD 157.20 billion in 2025, with the sector expected to expand at a compound annual growth rate (CAGR) of 5.87%, approaching USD 234.57 billion by 2032. This positive trajectory stems from increasing electrification and energy-efficiency initiatives across industries. Regulatory change continues to shape procurement, technology selection, and operations in segments like transportation, infrastructure, and manufacturing. As a result, organizations are deploying advanced electric motor solutions to enhance compliance, strengthen supply chains, and solidify competitive positioning.

Scope & Segmentation in the Electric Motor Market

This report delivers executive-level insights designed to support strategic planning, investment, and operational integration for organizations navigating the electric motor landscape. Market segmentation enables stakeholders to align technology adoption and deployment with industry-specific opportunities and regulatory realities:

  • Type: AC motors—including induction and synchronous variants—and a range of DC motors, both brushed and brushless, support applications from industrial operations to commercial use.
  • Power Rating: Ultra, low, and higher power categories accommodate workloads from heavy industry to lighter commercial equipment and residential needs.
  • End-User Industry: Sectors such as aerospace, automotive, energy, marine, industrial machinery, and consumer appliances influence motor technology requirements and design criteria.
  • Cooling Type: Solutions including IPM, ODP, TEFC—both air- and water-cooled—and TENV manage heat within diverse environmental and usage conditions.
  • Phase: Single-phase and three-phase motors ensure flexibility for installations ranging from straightforward to highly complex settings.
  • Application: Electric motors drive machinery such as compressors, conveyors, pumps, fans, and machine tools, directly supporting efficiency objectives across sectors.
  • Mounting Type: Face, flange, and foot configurations simplify integration with new or existing infrastructure while supporting diverse technical requirements.
  • Frame Material: Options like aluminum, cast iron, and steel offer durability and adaptability to suit operational environments varying by industry.
  • Insulation Class: Classes B, F, and H improve thermal performance and maintain compliance with safety and regulatory standards.
  • Regions: Major markets include Americas, Europe, Middle East & Africa, and Asia-Pacific, each influenced by distinct regulatory frameworks and innovation trends.
  • Key Companies: Organizations such as Nidec, Siemens, ABB, General Electric, Bosch, Schneider Electric, WEG, Regal Rexnord, Yaskawa Electric, and Toshiba are integral to advancing technology and shaping competitive dynamics.

Key Takeaways for Senior Decision-Makers

  • Power electronics and control innovations are helping organizations achieve higher energy efficiency, aligning operations with sustainability objectives and encouraging supply chain diversification.
  • Adoption of digital monitoring and predictive maintenance minimizes operational risks, improves asset reliability, and supports continuous equipment uptime.
  • Sustainability standards are now central to infrastructure decision-making, requiring enterprises to prioritize energy-efficient equipment and processes.
  • Regional market expansion introduces compliance complexity, making it crucial for leadership to align go-to-market strategies with diverse local regulations and standards.
  • Strengthening supply chains with digital procurement and diversified sourcing helps organizations respond to shifting market and regulatory landscapes.

Tariff Impact: Navigating 2025 Supply Chain Disruptions

New U.S. tariffs on electric motor components, including magnets and bearings, are prompting manufacturers to reassess sourcing and compliance strategies. Expanding supplier networks, emphasizing regional sourcing, and redesigning critical elements are helping companies maintain compliance and operational continuity. These actions are building greater supply chain resilience as trade conditions change.

Methodology & Data Sources

This report blends insights from primary interviews with industry executives, financial assessments, and benchmarking against established standards. A combination of primary and secondary research provides a solid foundation for actionable leadership decisions.

Why This Electric Motor Market Report Matters

  • Equips executives to drive electrification and automation strategies, strengthening operational resilience and supporting long-term business growth.
  • Clarifies how regulatory, regional, and technological shifts affect competitive strategy and risk management for industry leaders.
  • Provides clear direction for building agile supply chains amid evolving procurement, compliance, and trade dynamics.

Conclusion

Access to up-to-date market intelligence enables leadership teams to anticipate change and implement strategic responses in a complex industrial environment.

 

Additional Product Information:

  • Purchase of this report includes 1 year online access with quarterly updates.
  • This report can be updated on request. Please contact our Customer Experience team using the Ask a Question widget on our website.

Table of Contents

1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Stakeholders
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
5.1. Increasing integration of silicon carbide power electronics in electric motor drives for higher efficiency and thermal resilience
5.2. Deployment of connected smart motor monitoring systems leveraging IoT and predictive analytics to minimize downtime
5.3. Shift towards modular and scalable electric motor architectures for customizable industrial automation solutions
5.4. Rising adoption of axial flux motor designs in e-mobility applications for enhanced power-to-weight performance
5.5. Advancements in additive manufacturing of motor components enabling complex geometries and reduced lead times
5.6. Growth of high efficiency permanent magnet synchronous motors with reduced rare earth content to lower costs
5.7. Implementation of wide bandgap semiconductor in motor controllers to support higher switching frequencies and compact inverter size
6. Cumulative Impact of United States Tariffs 2025
7. Cumulative Impact of Artificial Intelligence 2025
8. Electric Motor Market, by Type
8.1. AC
8.1.1. Induction Motor
8.1.2. Synchronous Motor
8.2. DC
8.2.1. Brushed DC
8.2.2. Brushless DC
9. Electric Motor Market, by Power Rating
9.1. High
9.1.1. 10-15 HP
9.1.2. 5-10 HP
9.2. Low
9.2.1. 0.5-1 HP
9.2.2. =0.5 HP
9.3. Medium
9.3.1. 1-3 HP
9.3.2. 3-5 HP
9.4. Ultra
9.4.1. 15-20 HP
9.4.2. >20 HP
10. Electric Motor Market, by End-User Industry
10.1. Aerospace
10.1.1. Commercial Aviation
10.1.2. Military Aviation
10.2. Automotive
10.2.1. Aftermarket
10.2.2. OEM
10.3. Consumer Appliances
10.3.1. Home Appliances
10.3.2. HVAC
10.4. Energy and Utilities
10.4.1. Oil and Gas
10.4.2. Power Generation
10.5. Industrial Machinery
10.5.1. Manufacturing
10.5.2. Material Handling
10.6. Marine
10.6.1. Commercial
10.6.2. Defense
11. Electric Motor Market, by Cooling Type
11.1. IPM
11.2. ODP
11.3. TEFC
11.3.1. Air Cooled
11.3.2. Water Cooled
11.4. TENV
12. Electric Motor Market, by Phase
12.1. Single-Phase
12.2. Three-Phase
13. Electric Motor Market, by Application
13.1. Compressors
13.1.1. Reciprocating
13.1.2. Rotary
13.2. Conveyors
13.2.1. Belt
13.2.2. Roller
13.3. Fans
13.3.1. Axial
13.3.2. Centrifugal Fan
13.4. Machine Tools
13.4.1. CNC
13.4.2. Manual
13.5. Pumps
13.5.1. Centrifugal
13.5.2. Positive Displacement
14. Electric Motor Market, by Mounting Type
14.1. Face Mounted
14.2. Flange Mounted
14.3. Foot Mounted
15. Electric Motor Market, by Frame Material
15.1. Aluminum
15.2. Cast Iron
15.3. Steel
16. Electric Motor Market, by Insulation Class
16.1. Class B
16.2. Class F
16.3. Class H
17. Electric Motor Market, by Region
17.1. Americas
17.1.1. North America
17.1.2. Latin America
17.2. Europe, Middle East & Africa
17.2.1. Europe
17.2.2. Middle East
17.2.3. Africa
17.3. Asia-Pacific
18. Electric Motor Market, by Group
18.1. ASEAN
18.2. GCC
18.3. European Union
18.4. BRICS
18.5. G7
18.6. NATO
19. Electric Motor Market, by Country
19.1. United States
19.2. Canada
19.3. Mexico
19.4. Brazil
19.5. United Kingdom
19.6. Germany
19.7. France
19.8. Russia
19.9. Italy
19.10. Spain
19.11. China
19.12. India
19.13. Japan
19.14. Australia
19.15. South Korea
20. Competitive Landscape
20.1. Market Share Analysis, 2024
20.2. FPNV Positioning Matrix, 2024
20.3. Competitive Analysis
20.3.1. Nidec Corporation
20.3.2. Siemens Aktiengesellschaft
20.3.3. ABB Ltd
20.3.4. General Electric Company
20.3.5. Robert Bosch GmbH
20.3.6. Schneider Electric SE
20.3.7. WEG S.A.
20.3.8. Regal Rexnord Corporation
20.3.9. Yaskawa Electric Corporation
20.3.10. Toshiba Corporation

Companies Mentioned

The companies profiled in this Electric Motor market report include:
  • Nidec Corporation
  • Siemens Aktiengesellschaft
  • ABB Ltd
  • General Electric Company
  • Robert Bosch GmbH
  • Schneider Electric SE
  • WEG S.A.
  • Regal Rexnord Corporation
  • Yaskawa Electric Corporation
  • Toshiba Corporation

Table Information