Industrial High Voltage Motor Market Report 2026

The industrial high voltage motor market size has grown steadily in recent years. It will grow from $1.85 billion in 2025 to $1.92 billion in 2026 at a compound annual growth rate (CAGR) of 4.2%. The growth in the historic period can be attributed to expansion of power-intensive industries, demand for high-capacity motors, growth of mining operations, industrial electrification, reliance on legacy motor systems.

The industrial high voltage motor market size is expected to see steady growth in the next few years. It will grow to $2.27 billion in 2030 at a compound annual growth rate (CAGR) of 4.2%. The growth in the forecast period can be attributed to energy efficiency mandates, industrial decarbonization efforts, adoption of predictive maintenance, growth of infrastructure projects, modernization of industrial plants. Major trends in the forecast period include adoption of energy-efficient high voltage motors, growth of electrification in heavy industries, integration of smart motor monitoring, expansion of mining and cement operations, demand for reliable large-capacity drives.

The rise in renewable energy projects is expected to drive the growth of the industrial high voltage motor market going forward. Renewable energy projects involve initiatives focused on generating power from natural, renewable sources such as sunlight, wind, water, geothermal heat, and biomass. The growth of these projects is driven by environmental concerns and the need to reduce carbon emissions to mitigate climate change. Industrial high-voltage motors support renewable energy initiatives by providing sustainable and cost-effective power, reducing reliance on fossil fuels, lowering operational costs, and enabling eco-friendly industrial operations. For instance, in February 2024, according to the World Resources Institute, a US-based non-profit organization, the United States installed a record 31 gigawatts (GW) of solar energy capacity in 2023, representing a 55% increase compared to 2022. Therefore, the expansion of renewable energy projects is fueling demand for industrial high voltage motors.

Leading companies in the industrial high-voltage motor market are concentrating on innovative products such as Electrically Excited Synchronous Motors (EESMs) to improve energy efficiency, reduce dependence on rare-earth materials, and offer high-performance solutions for industrial applications. An EESM is a type of synchronous motor that uses an electromagnet powered by external electricity to create a magnetic field in the rotor, rather than relying on permanent magnets. For instance, in December 2023, Renault Group, a French automobile manufacturer, unveiled its next-generation EESM, featuring a hairpin stator. This design eliminates the need for rare-earth magnets while achieving performance comparable to Permanent Magnet Synchronous Motors (PMSMs). The motor boasts a 30% increase in power density and a 30% reduction in carbon footprint, optimized for 800V systems with outputs up to 200 kW. Additionally, this technology was developed further in collaboration with MAHLE for high-performance electric vehicles (220-350 kW), providing enhanced thermal management and improved highway efficiency for long-range EVs.

In September 2023, WEG Industries, a Brazilian company specializing in motors and generators, acquired Regal Rexnord’s motors and generators business for $400 million. This acquisition is part of WEG Industries’ strategy to strengthen its global position by integrating Regal Rexnord’s industrial high-voltage motor expertise. Regal Rexnord, based in the United States, is known for manufacturing industrial high-voltage motors.

Major companies operating in the industrial high voltage motor market are Hitachi Energy Ltd., Siemens AG, Schneider Electric SE, Mitsubishi Electric Corporation, ABB Ltd., Toshiba Corporation, Nidec Corporation, Shanghai Electric Machinery Co. Ltd., Danfoss Group, WEG S.A., Regal Rexnord Corporation, SEW-Eurodrive GmbH And Co KG, Wolong Electric Group Co. Ltd., Meidensha Corporation, TECO Electric And Machinery Co. Ltd., CG Power and Industrial Solutions Ltd., Kirloskar Electric Company Ltd., Brook Crompton Holdings Ltd., MENZEL Elektromotoren GmbH, Hoyer Motors.

Asia-Pacific was the largest region in the industrial high voltage motor market in 2025. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the industrial high voltage motor market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the industrial high voltage motor market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The industrial high voltage motor market consists of sales of high voltage servo motors, vertical high voltage motors, high torque motors, high voltage dc motors, and custom-built high voltage motors. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

This product will be delivered within 1-3 business days.