Global Industrial Motors Market

Market Overview

• The Global Industrial Motors Market Size is Anticipated to Grow from USD 20.5 Billion in 2023 to USD 32.5 Billion by 2033, Growing at a CAGR of 4.72% from 2023 to 2033.
• The market growth is rising due to  technological advancements and sustainability initiatives, a growing focus on energy-efficient motors, and rising automation levels in various industries.  
• The industrial motors market is the demand for electric motors used in industrial settings, especially for applications including macjinery, pumps, and conveyer systems.
• The increasing industrialization, automation, and emphasis on renewable energy projects and sustainable industrial practices are creating lucrative market growth opportunities.   

Major vendors in The Global Industrial Motors Market

ABB Ltd., Emerson Electric Co., Siemens AG, Nidec Industrial Solutions, Johnson Electric Holdings Limited, Arc Systems Inc., Ametek Inc., Toshiba Electronic Devices and Storage Corporation, Wolong Industrial Motors, Maxon Motor AG, and others.

Market Segment

This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Decision Advisor has segmented the industrial motors market based on the below-mentioned segments:

Global Industrial Motors Market, By Type of Motor

• Alternating Current (AC) Motors
• Direct Current (DC) Motor
• Other Types of Motors

Global Industrial Motors Market, By Voltage

• High Voltage
• Medium Voltage
• Low Voltage 

Global Industrial Motors Market, By End User

• Oil & Gas
• Power Generation
• Mining & Metals
• Water & Wastewater Management
• Chemicals & Petrochemicals
• Discrete Manufacturing
• Other End Users

Global Industrial Motors Market, By Regional Analysis

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