Electric Motor Sales Market Size, Share, Trends, Growth Outlook

The Global Electric Motor Sales Market Size is estimated to register 9.2% growth over the forecast period from 2024 to 2030.

The market growth is driven by an increasing electrification of the automotive industry, driven by environmental concerns and government regulations, which is a significant trend affecting the electric motor sales market. Electric vehicles (EVs) are becoming increasingly popular as consumers and manufacturers alike prioritize sustainability and emission reduction. This shift towards electric propulsion systems necessitates the use of electric motors, boosting demand in the electric motor sales market Leading Companies to focus on Advancements in Electric Vehicle Technology, Expansion of Industrial Automation, Integration with Renewable Energy Systems, and others to boost market shares in the industry.

Electric Motor Sales Market Overview

The electric motor sales market encompasses the production and distribution of electric motors used across industries such as automotive, industrial manufacturing, and consumer electronics. With a focus on energy efficiency and technological advancements, the market continues to grow steadily, driven by factors like the electrification of vehicles, expansion of industrial automation, and integration with renewable energy systems. Key applications include electric vehicles, HVAC systems, and industrial machinery, while advancements in motor design and control systems enhance efficiency and reliability. Despite challenges such as raw material price volatility and regulatory constraints, the market presents opportunities for innovation and sustainability as demand for electric motors rises worldwide.

Electric Motor Sales Market Dynamics

Electric Motor Sales Market Trends- The electric vehicle boom is driving strong sales in the electric motor market.

The rapid adoption of electric vehicles (EVs) is driving significant growth in the electric motor market, spurred by automakers' shift towards electric propulsion systems to comply with strict emissions regulations and meet consumer demand for eco-friendly transportation alternatives. Electric motors play a central role in EVs, powering essential components including propulsion systems, power steering, and air conditioning. As leading automotive manufacturers increase their production of EVs and expand their electric vehicle portfolios, the demand for electric motors is projected to surge in the foreseeable future. This trend not only benefits electric motor manufacturers but also fosters innovation in motor design and technology, leading to enhanced efficiency and cost reductions throughout the electric vehicle supply chain. Furthermore, the broader electrification of industries beyond automotive, such as industrial machinery and HVAC systems, further bolsters sales momentum in the electric motor market, positioning it as a pivotal player in the global transition towards sustainable mobility and energy efficiency.

Market Driver- The increasing demand for industrial automation and robotics is driving the growth of the electric motor sales market.

The surge in industrial automation and robotics is a major catalyst propelling the expansion of the electric motor sales market. With industries globally prioritizing enhancements in efficiency, productivity, and safety, the uptake of automation and robotic solutions is on the ascent. Electric motors play a pivotal role in these setups, enabling precise movements and delivering requisite torque across diverse applications. Leveraging advancements in motor technology and control systems, electric motors offer the precision, reliability, and energy efficiency requisite for modern automated workflows. Consequently, manufacturers and enterprises are increasingly directing investments toward electric motors to power their automation initiatives, thereby driving the growth of the electric motor sales market.

Market Opportunity- The electric motor sales market is driven by a focus on energy efficiency and sustainability.

The electric motor sales market is closely linked to the global emphasis on energy efficiency and sustainability. As industries and consumers increasingly prioritize eco-friendly technologies, the demand for electric motors surges accordingly. These motors offer significant benefits over traditional combustion engines, including greater efficiency, reduced emissions, and lower operating costs. Furthermore, their integration into various sectors such as electric vehicles, renewable energy systems, and industrial automation supports sustainability objectives by reducing reliance on fossil fuels and lessening environmental impact. This emphasis on energy efficiency and sustainability not only propels market growth but also drives innovation in motor design and technology, contributing to the transition towards a cleaner and more sustainable future.

Market Share Analysis- Brushless DC Motor Electric Motor Sales Market will register the fastest growth

The Global Electric Motor Sales Market is analyzed across AC Motor, Synchronous AC Motor, Induction AC Motor, DC Motor, Brushed DC Motor, Brushless DC Motor, Hermetic Motor, and others. Brushless DC Motor is poised to register the fastest growth. The Brushless DC Motor (BLDC) is a pivotal player in the electric motor sales market, characterized by its efficiency, reliability, and versatility. With higher power density and lower maintenance needs compared to traditional brushed DC motors, BLDC motors are increasingly prevalent across industries like electric vehicles, industrial automation, HVAC systems, and consumer electronics. Their integration aligns with the market's emphasis on energy efficiency and sustainability, while ongoing advancements in BLDC motor technology, including design enhancements and control algorithms, continually improve their capabilities. As demand for energy-efficient solutions rises, the BLDC motor emerges as a driving force behind innovation and market expansion in the electric motor industry.

Market Share Analysis- Integral HP Output held a significant market share in 2024

The Global Electric Motor Sales Market is analyzed across various powers including Integral HP Output, Fractional HP Output, and others. Of these, Integral HP Output held a significant market share in 2024. Integral HP output electric motors are crucial components in various industries, known for their high-power output and efficiency. They are extensively used in industrial machinery, pumps, compressors, and large-scale HVAC systems due to their seamless integration and reliability. With industries prioritizing energy efficiency, the demand for integral HP output electric motors is steadily increasing, driving market growth. Advancements in motor technology and the integration of smart features further enhance their appeal and position them as key players in the electric motor sales market.
 

Electric Motor Sales Market Segmentation

By Type
• AC Motor
• Synchronous AC Motor
• Induction AC Motor
• DC Motor
• Brushed DC Motor
• Brushless DC Motor
• Hermetic Motor

By Power Output
• Integral HP Output
• Fractional HP Output

By power Rating
• Less than 1 kW
• 1 kW to 2.1 kW
• 2.2 kW to 375 kW
• More than 375 kW

By Voltage
• Low Voltage (Below 690 V)
• Medium Voltage (Between 690 V to 45 kV)
• High Voltage (Above 45 kV)

By Application
• Industrial Machinery
• Motor Vehicles
• HVAC Equipment
• Aerospace & Transportation
• Household Appliances
• Others

By Region
• North America (United States, Canada, Mexico)
• Europe (Germany, France, United Kingdom, Spain, Italy, Others)
• Asia Pacific (China, India, Japan, South Korea, Australia, Others)
• Latin America (Brazil, Argentina, Others)
• Middle East and Africa (Saudi Arabia, UAE, Kuwait, Other Middle East, South Africa, Nigeria, Other Africa)
 

Electric Motor Sales Market Companies

• ABB Ltd
• Allied Motion Technologies Inc
• Ametek Inc
• Franklin Electric Co Inc
• Johnson Electric Holdings Limited
• Nidec Motor Corporation
• ORIENTAL MOTOR USA CORP
• Regal Rexnord Corporation
• Schneider Electric
• Siemens

*List not exhaustive

Electric Motor Sales Market Outlook 2024

1 Market Overview

1.1 Introduction to the Electric Motor Sales Market

1.2 Scope of the Study

1.3 Research Objective

1.3.1 Key Market Scope and Segments

1.3.2 Players Covered

1.3.3 Years Considered

 

2 Executive Summary

2.1 2024 Electric Motor Sales Industry- Market Statistics

3 Market Dynamics

3.1 Market Drivers

3.2 Market Challenges

3.3 Market Opportunities

3.4 Market Trends

 

4 Market Factor Analysis

4.1 Porter’s Five Forces

4.2 Market Entropy

4.2.1 Global Electric Motor Sales Market Companies with Area Served

4.2.2 Products Offerings Global Electric Motor Sales Market

 

5 Recession Impact Analysis and Outlook Scenarios

5.1.1 Recission Impact Analysis

5.1.2 Market Growth Scenario- Base Case

5.1.3 Market Growth Scenario- Reference Case

5.1.4 Market Growth Scenario- High Case

 

6 Global Electric Motor Sales Market Trends

6.1 Global Electric Motor Sales Revenue (USD Million) and CAGR (%) by Type (2018-2032)

6.2 Global Electric Motor Sales Revenue (USD Million) and CAGR (%) by Applications (2018-2032)

6.3 Global Electric Motor Sales Revenue (USD Million) and CAGR (%) by Regions (2018-2032)

 

7 Global Electric Motor Sales Market Revenue (USD Million) by Type, and Applications (2018-2023)

7.1 Global Electric Motor Sales Revenue (USD Million) by Type (2018-2023)

7.1.1 Global Electric Motor Sales Revenue (USD Million), Market Share (%) by Type (2018-2023)

7.2 Global Electric Motor Sales Revenue (USD Million) by Applications (2018-2023)

7.2.1 Global Electric Motor Sales Revenue (USD Million), Market Share (%) by Applications (2018-2023)

 

8 Global Electric Motor Sales Development Regional Status and Outlook

8.1 Global Electric Motor Sales Revenue (USD Million) By Regions (2018-2023)

8.2 North America Electric Motor Sales Revenue (USD Million) by Type, and Application (2018-2023)

8.2.1 North America Electric Motor Sales Revenue (USD Million) by Country (2018-2023)

8.2.2 North America Electric Motor Sales Revenue (USD Million) by Type (2018-2023)

8.2.3 North America Electric Motor Sales Revenue (USD Million) by Applications (2018-2023)

8.3 Europe Electric Motor Sales Revenue (USD Million), by Type, and Applications (USD Million) (2018-2023)

8.3.1 Europe Electric Motor Sales Revenue (USD Million), by Country (2018-2023)

8.3.2 Europe Electric Motor Sales Revenue (USD Million) by Type (2018-2023)

8.3.3 Europe Electric Motor Sales Revenue (USD Million) by Applications (2018-2023)

8.4 Asia Pacific Electric Motor Sales Revenue (USD Million), and Revenue (USD Million) by Type, and Applications (2018-2023)

8.4.1 Asia Pacific Electric Motor Sales Revenue (USD Million) by Country (2018-2023)

8.4.2 Asia Pacific Electric Motor Sales Revenue (USD Million) by Type (2018-2023)

8.4.3 Asia Pacific Electric Motor Sales Revenue (USD Million) by Applications (2018-2023)

8.5 South America Electric Motor Sales Revenue (USD Million), by Type, and Applications (2018-2023)

8.5.1 South America Electric Motor Sales Revenue (USD Million), by Country (2018-2023)

8.5.2 South America Electric Motor Sales Revenue (USD Million) by Type (2018-2023)

8.5.3 South America Electric Motor Sales Revenue (USD Million) by Applications (2018-2023)

8.6 Middle East and Africa Electric Motor Sales Revenue (USD Million), by Type, Technology, Application, Thickness (2018-2023)

8.6.1 Middle East and Africa Electric Motor Sales Revenue (USD Million) by Country (2018-2023)

8.6.2 Middle East and Africa Electric Motor Sales Revenue (USD Million) by Type (2018-2023)

8.6.3 Middle East and Africa Electric Motor Sales Revenue (USD Million) by Applications (2018-2023)

 

9 Company Profiles

 

10 Global Electric Motor Sales Market Revenue (USD Million), by Type, and Applications (2024-2032)

10.1 Global Electric Motor Sales Revenue (USD Million) and Market Share (%) by Type (2024-2032)

10.1.1 Global Electric Motor Sales Revenue (USD Million), and Market Share (%) by Type (2024-2032)

10.2 Global Electric Motor Sales Revenue (USD Million) and Market Share (%) by Applications (2024-2032)

10.2.1 Global Electric Motor Sales Revenue (USD Million), and Market Share (%) by Applications (2024-2032)

 

11 Global Electric Motor Sales Development Regional Status and Outlook Forecast

11.1 Global Electric Motor Sales Revenue (USD Million) By Regions (2024-2032)

11.2 North America Electric Motor Sales Revenue (USD Million) by Type, and Applications (2024-2032)

11.2.1 North America Electric Motor Sales Revenue (USD) Million by Country (2024-2032)

11.2.2 North America Electric Motor Sales Revenue (USD Million), by Type (2024-2032)

11.2.3 North America Electric Motor Sales Revenue (USD Million), Market Share (%) by Applications (2024-2032)

11.3 Europe Electric Motor Sales Revenue (USD Million), by Type, and Applications (2024-2032)

11.3.1 Europe Electric Motor Sales Revenue (USD Million), by Country (2024-2032)

11.3.2 Europe Electric Motor Sales Revenue (USD Million), by Type (2024-2032)

11.3.3 Europe Electric Motor Sales Revenue (USD Million), by Applications (2024-2032)

11.4 Asia Pacific Electric Motor Sales Revenue (USD Million) by Type, and Applications (2024-2032)

11.4.1 Asia Pacific Electric Motor Sales Revenue (USD Million), by Country (2024-2032)

11.4.2 Asia Pacific Electric Motor Sales Revenue (USD Million), by Type (2024-2032)

11.4.3 Asia Pacific Electric Motor Sales Revenue (USD Million), by Applications (2024-2032)

11.5 South America Electric Motor Sales Revenue (USD Million), by Type, and Applications (2024-2032)

11.5.1 South America Electric Motor Sales Revenue (USD Million), by Country (2024-2032)

11.5.2 South America Electric Motor Sales Revenue (USD Million), by Type (2024-2032)

11.5.3 South America Electric Motor Sales Revenue (USD Million), by Applications (2024-2032)

11.6 Middle East and Africa Electric Motor Sales Revenue (USD Million), by Type, and Applications (2024-2032)

11.6.1 Middle East and Africa Electric Motor Sales Revenue (USD Million), by region (2024-2032)

11.6.2 Middle East and Africa Electric Motor Sales Revenue (USD Million), by Type (2024-2032)

11.6.3 Middle East and Africa Electric Motor Sales Revenue (USD Million), by Applications (2024-2032)

 

12 Methodology and Data Sources

12.1 Methodology/Research Approach

12.1.1 Research Programs/Design

12.1.2 Market Size Estimation

12.1.3 Market Breakdown and Data Triangulation

12.2 Data Sources

12.2.1 Secondary Sources

12.2.2 Primary Sources

12.3 Disclaimer

 

List of Tables

Table 1 Market Segmentation Analysis

Table 2 Global Electric Motor Sales Market Companies with Areas Served

Table 3 Products Offerings Global Electric Motor Sales Market

Table 4 Low Growth Scenario Forecasts

Table 5 Reference Case Growth Scenario

Table 6 High Growth Case Scenario

Table 7 Global Electric Motor Sales Revenue (USD Million) And CAGR (%) By Type (2018-2032)

Table 8 Global Electric Motor Sales Revenue (USD Million) And CAGR (%) By Applications (2018-2032)

Table 9 Global Electric Motor Sales Revenue (USD Million) And CAGR (%) By Regions (2018-2032)

Table 10 Global Electric Motor Sales Revenue (USD Million) By Type (2018-2023)

Table 11 Global Electric Motor Sales Revenue Market Share (%) By Type (2018-2023)

Table 12 Global Electric Motor Sales Revenue (USD Million) By Applications (2018-2023)

Table 13 Global Electric Motor Sales Revenue Market Share (%) By Applications (2018-2023)

Table 14 Global Electric Motor Sales Market Revenue (USD Million) By Regions (2018-2023)

Table 15 Global Electric Motor Sales Market Share (%) By Regions (2018-2023)

Table 16 North America Electric Motor Sales Revenue (USD Million) By Country (2018-2023)

Table 17 North America Electric Motor Sales Revenue (USD Million) By Type (2018-2023)

Table 18 North America Electric Motor Sales Revenue (USD Million) By Applications (2018-2023)

Table 19 Europe Electric Motor Sales Revenue (USD Million) By Country (2018-2023)

Table 20 Europe Electric Motor Sales Revenue (USD Million) By Type (2018-2023)

Table 21 Europe Electric Motor Sales Revenue (USD Million) By Applications (2018-2023)

Table 22 Asia Pacific Electric Motor Sales Revenue (USD Million) By Country (2018-2023)

Table 23 Asia Pacific Electric Motor Sales Revenue (USD Million) By Type (2018-2023)

Table 24 Asia Pacific Electric Motor Sales Revenue (USD Million) By Applications (2018-2023)

Table 25 South America Electric Motor Sales Revenue (USD Million) By Country (2018-2023)

Table 26 South America Electric Motor Sales Revenue (USD Million) By Type (2018-2023)

Table 27 South America Electric Motor Sales Revenue (USD Million) By Applications (2018-2023)

Table 28 Middle East and Africa Electric Motor Sales Revenue (USD Million) By Region (2018-2023)

Table 29 Middle East and Africa Electric Motor Sales Revenue (USD Million) By Type (2018-2023)

Table 30 Middle East and Africa Electric Motor Sales Revenue (USD Million) By Applications (2018-2023)

Table 31 Financial Analysis

Table 32 Global Electric Motor Sales Revenue (USD Million) By Type (2024-2032)

Table 33 Global Electric Motor Sales Revenue Market Share (%) By Type (2024-2032)

Table 34 Global Electric Motor Sales Revenue (USD Million) By Applications (2024-2032)

Table 35 Global Electric Motor Sales Revenue Market Share (%) By Applications (2024-2032)

Table 36 Global Electric Motor Sales Market Revenue (USD Million), And Revenue (USD Million) By Regions (2024-2032)

Table 37 North America Electric Motor Sales Revenue (USD)By Country (2024-2032)

Table 38 North America Electric Motor Sales Revenue (USD Million) By Type (2024-2032)

Table 39 North America Electric Motor Sales Revenue (USD Million) By Applications (2024-2032)

Table 40 Europe Electric Motor Sales Revenue (USD Million) By Country (2024-2032)

Table 41 Europe Electric Motor Sales Revenue (USD Million) By Type (2024-2032)

Table 42 Europe Electric Motor Sales Revenue (USD Million) By Applications (2024-2032)

Table 43 Asia Pacific Electric Motor Sales Revenue (USD Million) By Country (2024-2032)

Table 44 Asia Pacific Electric Motor Sales Revenue (USD Million) By Type (2024-2032)

Table 45 Asia Pacific Electric Motor Sales Revenue (USD Million) By Applications (2024-2032)

Table 46 South America Electric Motor Sales Revenue (USD Million) By Country (2024-2032)

Table 47 South America Electric Motor Sales Revenue (USD Million) By Type (2024-2032)

Table 48 South America Electric Motor Sales Revenue (USD Million) By Applications (2024-2032)

Table 49 Middle East and Africa Electric Motor Sales Revenue (USD Million) By Region (2024-2032)

Table 50 Middle East and Africa Electric Motor Sales Revenue (USD Million) By Region (2024-2032)

Table 51 Middle East and Africa Electric Motor Sales Revenue (USD Million) By Type (2024-2032)

Table 52 Middle East and Africa Electric Motor Sales Revenue (USD Million) By Applications (2024-2032)

Table 53 Research Programs/Design for This Report

Table 54 Key Data Information from Secondary Sources

Table 55 Key Data Information from Primary Sources

 

List of Figures

Figure 1 Market Scope

Figure 2 Porter’s Five Forces

Figure 3 Global Electric Motor Sales Revenue (USD Million) By Type (2018-2023)

Figure 4 Global Electric Motor Sales Revenue Market Share (%) By Type (2023)

Figure 5 Global Electric Motor Sales Revenue (USD Million) By Applications (2018-2023)

Figure 6 Global Electric Motor Sales Revenue Market Share (%) By Applications (2023)

Figure 7 Global Electric Motor Sales Market Revenue (USD Million) By Regions (2018-2023)

Figure 8 Global Electric Motor Sales Market Share (%) By Regions (2023)

Figure 9 North America Electric Motor Sales Revenue (USD Million) By Country (2018-2023)

Figure 10 North America Electric Motor Sales Revenue (USD Million) By Type (2018-2023)

Figure 11 North America Electric Motor Sales Revenue (USD Million) By Applications (2018-2023)

Figure 12 Europe Electric Motor Sales Revenue (USD Million) By Country (2018-2023)

Figure 13 Europe Electric Motor Sales Revenue (USD Million) By Type (2018-2023)

Figure 14 Europe Electric Motor Sales Revenue (USD Million) By Applications (2018-2023)

Figure 15 Asia Pacific Electric Motor Sales Revenue (USD Million) By Country (2018-2023)

Figure 16 Asia Pacific Electric Motor Sales Revenue (USD Million) By Type (2018-2023)

Figure 17 Asia Pacific Electric Motor Sales Revenue (USD Million) By Applications (2018-2023)

Figure 18 South America Electric Motor Sales Revenue (USD Million) By Country (2018-2023)

Figure 19 South America Electric Motor Sales Revenue (USD Million) By Type (2018-2023)

Figure 20 South America Electric Motor Sales Revenue (USD Million) By Applications (2018-2023)

Figure 21 Middle East and Africa Electric Motor Sales Revenue (USD Million) By Region (2018-2023)

Figure 22 Middle East and Africa Electric Motor Sales Revenue (USD Million) By Type (2018-2023)

Figure 23 Middle East and Africa Electric Motor Sales Revenue (USD Million) By Applications (2018-2023)

Figure 24 Global Electric Motor Sales Revenue (USD Million) By Type (2024-2032)

Figure 25 Global Electric Motor Sales Revenue Market Share (%) By Type (2030)

Figure 26 Global Electric Motor Sales Revenue (USD Million) By Applications (2024-2032)

Figure 27 Global Electric Motor Sales Revenue Market Share (%) By Applications (2030)

Figure 28 Global Electric Motor Sales Market Revenue (USD Million) By Regions (2024-2032)

Figure 29 North America Electric Motor Sales Revenue (USD Million) By Country (2024-2032)

Figure 30 North America Electric Motor Sales Revenue (USD Million) By Type (2024-2032)

Figure 31 North America Electric Motor Sales Revenue (USD Million) By Applications (2024-2032)

Figure 32 Europe Electric Motor Sales Revenue (USD Million) By Country (2024-2032)

Figure 33 Europe Electric Motor Sales Revenue (USD Million) By Type (2024-2032)

Figure 34 Europe Electric Motor Sales Revenue (USD Million) By Applications (2024-2032)

Figure 35 Asia Pacific Electric Motor Sales Revenue (USD Million) By Country (2024-2032)

Figure 36 Asia Pacific Electric Motor Sales Revenue (USD Million) By Type (2024-2032)

Figure 37 Asia Pacific Electric Motor Sales Revenue (USD Million) By Applications (2024-2032)

Figure 38 South America Electric Motor Sales Revenue (USD Million) By Country (2024-2032)

Figure 39 South America Electric Motor Sales Revenue (USD Million) By Type (2024-2032)

Figure 40 South America Electric Motor Sales Revenue (USD Million) By Applications (2024-2032)

Figure 41 Middle East and Africa Electric Motor Sales Revenue (USD Million) By Region (2024-2032)

Figure 42 Middle East and Africa Electric Motor Sales Revenue (USD Million) By Region (2024-2032)

Figure 43 Middle East and Africa Electric Motor Sales Revenue (USD Million) By Type (2024-2032)

Figure 44 Middle East and Africa Electric Motor Sales Revenue (USD Million) By Applications (2024-2032)

Figure 45 Bottom-Up and Top-Down Approaches for This Report

Figure 46 Data Triangulation

 

Electric Motor Sales Market Segmentation

By Type
• AC Motor
• Synchronous AC Motor
• Induction AC Motor
• DC Motor
• Brushed DC Motor
• Brushless DC Motor
• Hermetic Motor

By Power Output
• Integral HP Output
• Fractional HP Output

By power Rating
• Less than 1 kW
• 1 kW to 2.1 kW
• 2.2 kW to 375 kW
• More than 375 kW

By Voltage
• Low Voltage (Below 690 V)
• Medium Voltage (Between 690 V to 45 kV)
• High Voltage (Above 45 kV)

By Application
• Industrial Machinery
• Motor Vehicles
• HVAC Equipment
• Aerospace & Transportation
• Household Appliances
• Others

By Region
• North America (United States, Canada, Mexico)
• Europe (Germany, France, United Kingdom, Spain, Italy, Others)
• Asia Pacific (China, India, Japan, South Korea, Australia, Others)
• Latin America (Brazil, Argentina, Others)
• Middle East and Africa (Saudi Arabia, UAE, Kuwait, Other Middle East, South Africa, Nigeria, Other Africa)