Europe Electric Motor, Drives, Alternators Repair and Maintenance Market Report and Forecast 2025-2034

The Europe electric motor, drives, alternators repair and maintenance market is projected to grow at a CAGR of 1.50% between 2025 and 2034.

Europe Electric Motor, Drives, Alternators Repair and Maintenance Market Growth

The rising advancements in the automation sector in the region are changing the methods of repair and maintenance of motors, drives and alternators, which includes the type of specialist equipment and skills needed. Motor repair and maintenance services are anticipated to increase over the years due to the incorporation of intricate machinery. Regular preventive maintenance works are being adopted across various sectors to lower the risk of unexpected breakdowns and contribute to energy savings and lowered operational costs.

Electric motors play a significant role in mining, mineral processing, and several other sectors. Due to their important functions, electric motors are required to be properly designed, manufactured, and maintained for improved durability and longevity. The expansion of the EV sector across Europe is contributing to a greater demand for electric motors. In 2022, in the EU-27, about 56,500 electric vans were sold representing an increase of about 2.0% points from 2020.

Europe is transitioning towards electrification of its industries, with its target of achieving net zero by 2050. Electric motors drives and alternators play a major role in the transition, increasing the importance of repair and maintenance for improved performance. As of May 2024, in the UK, there are more than 1,110,000 fully electric cars. The increasing adoption of electric cars is favouring the market growth.

Europe Electric Motor, Drives, Alternators Repair and Maintenance Industry Segmentation

Europe Electric Motor, Drives, Alternators Repair and Maintenance Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:

Market Breakup by Type

• Electric Motor
• AC Electric Motor
• DC Electric Motor
• Drives
• DC Motor Drives
• Eddy Current Drives
• AC Motor Drives
• Alternators
• Automotive Alternators
• Diesel-Electric Locomotive Alternators
• Marine Alternators
• Radio Alternators

Market Breakup by Country

• United Kingdom
• Electric Motor
• Drives
• Alternators
• Germany
• Electric Motor
• Drives
• Alternators
• France
• Electric Motor
• Drives
• Alternators
• Italy
• Electric Motor
• Drives
• Alternators
• Norway
• Electric Motor
• Drives
• Alternators
• Sweden
• Electric Motor
• Drives
• Alternators
• Denmark
• Electric Motor
• Drives
• Alternators
• Finland
• Electric Motor
• Drives
• Alternators
• Estonia
• Electric Motor
• Drives
• Alternators
• Latvia
• Electric Motor
• Drives
• Alternators
• Lithuania
• Electric Motor
• Drives
• Alternators
• Rest of Europe

Europe Electric Motor, Drives, Alternators Repair and Maintenance Market Share

Based on country, the market is divided into the United Kingdom, Germany, France, Italy, Norway, Sweden, Denmark, Finland, Estonia, Latvia, Lithuania, and the rest of Europe. Germany is expected to witness increased demand for motor, drives, alternator repair and maintenance. This is supported by the rapid growth of the EV sector, robust manufacturing sectors, and advanced technological capabilities.

Leading Companies in the Europe Electric Motor, Drives, Alternators Repair and Maintenance Market

The report provides a detailed analysis of the following key players in the market, covering their competitive landscape and latest developments like mergers and acquisitions, investments, and product launches.

• ABB Ltd
• Siemens
• Regal Rexnord Corporation
• TECO-Westinghouse
• Houghton International
• Antriebstechnik Radike GmbH
• Fischer Elektromotoren
• Rotamec Engineering Solutions
• BEVI AB
• Jernbro
• SIA Rinas Baltic
• KSB Finland Oy
• Others

The market participants are expanding their service portfolios and offering customisation services for different types of motors, drives and alternators.