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Global Industrial Motors Market Research Report 2024
Synopsis
This report studies the Industrial Motors market. Motor is a device that transfer power between electric power and mechanical power. Just as the name implies, industrial motors are motors used in the various industries. In this report, the industrial motors does not prefers to the motor used in automotive, home appliances, power tools, etc. The motors used in these applications are general called small & special electric motors.
The global Industrial Motors market was valued at US$ 51950 million in 2023 and is anticipated to reach US$ 64940 million by 2030, witnessing a CAGR of 3.2% during the forecast period 2024-2030.
Global Industrial Motors key players include ABB, Siemens, Mitsubishi, GE, HITACHI, etc. Global top five manufacturers hold a share over 30%. China is the largest market, with a share about 30%, followed by Europe and North America, total have a share over 40 percent. In terms of product, Low Voltage Motor is the largest segment, with a share about 65%. And in terms of application, the largest application is Power Generation, followed by Mining & Metal, Industrial Machinery, and Oil & Gas.
This report aims to provide a comprehensive presentation of the global market for Industrial Motors, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Industrial Motors.
Report Scope
The Industrial Motors market size, estimations, and forecasts are provided in terms of output/shipments (MW) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Industrial Motors market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Industrial Motors manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
ABB
Siemens
Mitsubishi
GE
HITACHI
Nidec
Toshiba
Regal Beloit
WEG
Teco
Emerson
MEIDENSHA
Wolong Electric
Rockwell Automation
Franklin Electric
Zhongda Motor
XIZI FORVORDA
Ametek
Allied Motion
JEUMONT
Segment by Type
High Voltage Motor
Low Voltage Motor
Segment by Application
Oil & Gas
Power Generation
Mining & Metal
Industrial Machinery
Others
Production by Region
North America
Europe
China
Japan
Latin America
China Taiwan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Industrial Motors manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Industrial Motors by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Industrial Motors in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
This report studies the Industrial Motors market. Motor is a device that transfer power between electric power and mechanical power. Just as the name implies, industrial motors are motors used in the various industries. In this report, the industrial motors does not prefers to the motor used in automotive, home appliances, power tools, etc. The motors used in these applications are general called small & special electric motors.
The global Industrial Motors market was valued at US$ 51950 million in 2023 and is anticipated to reach US$ 64940 million by 2030, witnessing a CAGR of 3.2% during the forecast period 2024-2030.
Global Industrial Motors key players include ABB, Siemens, Mitsubishi, GE, HITACHI, etc. Global top five manufacturers hold a share over 30%. China is the largest market, with a share about 30%, followed by Europe and North America, total have a share over 40 percent. In terms of product, Low Voltage Motor is the largest segment, with a share about 65%. And in terms of application, the largest application is Power Generation, followed by Mining & Metal, Industrial Machinery, and Oil & Gas.
This report aims to provide a comprehensive presentation of the global market for Industrial Motors, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Industrial Motors.
Report Scope
The Industrial Motors market size, estimations, and forecasts are provided in terms of output/shipments (MW) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Industrial Motors market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Industrial Motors manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
ABB
Siemens
Mitsubishi
GE
HITACHI
Nidec
Toshiba
Regal Beloit
WEG
Teco
Emerson
MEIDENSHA
Wolong Electric
Rockwell Automation
Franklin Electric
Zhongda Motor
XIZI FORVORDA
Ametek
Allied Motion
JEUMONT
Segment by Type
High Voltage Motor
Low Voltage Motor
Segment by Application
Oil & Gas
Power Generation
Mining & Metal
Industrial Machinery
Others
Production by Region
North America
Europe
China
Japan
Latin America
China Taiwan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Industrial Motors manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Industrial Motors by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Industrial Motors in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Index1 Industrial Motors Market Overview
1.1 Product Definition
1.2 Industrial Motors Segment by Type
1.2.1 Global Industrial Motors Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 High Voltage Motor
1.2.3 Low Voltage Motor
1.3 Industrial Motors Segment by Application
1.3.1 Global Industrial Motors Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Oil & Gas
1.3.3 Power Generation
1.3.4 Mining & Metal
1.3.5 Industrial Machinery
1.3.6 Others
1.4 Global Market Growth Prospects
1.4.1 Global Industrial Motors Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Industrial Motors Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Industrial Motors Production Estimates and Forecasts (2019-2030)
1.4.4 Global Industrial Motors Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Industrial Motors Production Market Share by Manufacturers (2019-2024)
2.2 Global Industrial Motors Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Industrial Motors, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Industrial Motors Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Industrial Motors Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Industrial Motors, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Industrial Motors, Product Offered and Application
2.8 Global Key Manufacturers of Industrial Motors, Date of Enter into This Industry
2.9 Industrial Motors Market Competitive Situation and Trends
2.9.1 Industrial Motors Market Concentration Rate
2.9.2 Global 5 and 10 Largest Industrial Motors Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Industrial Motors Production by Region
3.1 Global Industrial Motors Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Industrial Motors Production Value by Region (2019-2030)
3.2.1 Global Industrial Motors Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Industrial Motors by Region (2025-2030)
3.3 Global Industrial Motors Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Industrial Motors Production by Region (2019-2030)
3.4.1 Global Industrial Motors Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Industrial Motors by Region (2025-2030)
3.5 Global Industrial Motors Market Price Analysis by Region (2019-2024)
3.6 Global Industrial Motors Production and Value, Year-over-Year Growth
3.6.1 North America Industrial Motors Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Industrial Motors Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Industrial Motors Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Industrial Motors Production Value Estimates and Forecasts (2019-2030)
3.6.5 Latin America Industrial Motors Production Value Estimates and Forecasts (2019-2030)
3.6.6 China Taiwan Industrial Motors Production Value Estimates and Forecasts (2019-2030)
4 Industrial Motors Consumption by Region
4.1 Global Industrial Motors Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Industrial Motors Consumption by Region (2019-2030)
4.2.1 Global Industrial Motors Consumption by Region (2019-2024)
4.2.2 Global Industrial Motors Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Industrial Motors Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Industrial Motors Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Industrial Motors Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Industrial Motors Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Industrial Motors Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Industrial Motors Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Industrial Motors Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Industrial Motors Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Industrial Motors Production by Type (2019-2030)
5.1.1 Global Industrial Motors Production by Type (2019-2024)
5.1.2 Global Industrial Motors Production by Type (2025-2030)
5.1.3 Global Industrial Motors Production Market Share by Type (2019-2030)
5.2 Global Industrial Motors Production Value by Type (2019-2030)
5.2.1 Global Industrial Motors Production Value by Type (2019-2024)
5.2.2 Global Industrial Motors Production Value by Type (2025-2030)
5.2.3 Global Industrial Motors Production Value Market Share by Type (2019-2030)
5.3 Global Industrial Motors Price by Type (2019-2030)
6 Segment by Application
6.1 Global Industrial Motors Production by Application (2019-2030)
6.1.1 Global Industrial Motors Production by Application (2019-2024)
6.1.2 Global Industrial Motors Production by Application (2025-2030)
6.1.3 Global Industrial Motors Production Market Share by Application (2019-2030)
6.2 Global Industrial Motors Production Value by Application (2019-2030)
6.2.1 Global Industrial Motors Production Value by Application (2019-2024)
6.2.2 Global Industrial Motors Production Value by Application (2025-2030)
6.2.3 Global Industrial Motors Production Value Market Share by Application (2019-2030)
6.3 Global Industrial Motors Price by Application (2019-2030)
7 Key Companies Profiled
7.1 ABB
7.1.1 ABB Industrial Motors Corporation Information
7.1.2 ABB Industrial Motors Product Portfolio
7.1.3 ABB Industrial Motors Production, Value, Price and Gross Margin (2019-2024)
7.1.4 ABB Main Business and Markets Served
7.1.5 ABB Recent Developments/Updates
7.2 Siemens
7.2.1 Siemens Industrial Motors Corporation Information
7.2.2 Siemens Industrial Motors Product Portfolio
7.2.3 Siemens Industrial Motors Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Siemens Main Business and Markets Served
7.2.5 Siemens Recent Developments/Updates
7.3 Mitsubishi
7.3.1 Mitsubishi Industrial Motors Corporation Information
7.3.2 Mitsubishi Industrial Motors Product Portfolio
7.3.3 Mitsubishi Industrial Motors Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Mitsubishi Main Business and Markets Served
7.3.5 Mitsubishi Recent Developments/Updates
7.4 GE
7.4.1 GE Industrial Motors Corporation Information
7.4.2 GE Industrial Motors Product Portfolio
7.4.3 GE Industrial Motors Production, Value, Price and Gross Margin (2019-2024)
7.4.4 GE Main Business and Markets Served
7.4.5 GE Recent Developments/Updates
7.5 HITACHI
7.5.1 HITACHI Industrial Motors Corporation Information
7.5.2 HITACHI Industrial Motors Product Portfolio
7.5.3 HITACHI Industrial Motors Production, Value, Price and Gross Margin (2019-2024)
7.5.4 HITACHI Main Business and Markets Served
7.5.5 HITACHI Recent Developments/Updates
7.6 Nidec
7.6.1 Nidec Industrial Motors Corporation Information
7.6.2 Nidec Industrial Motors Product Portfolio
7.6.3 Nidec Industrial Motors Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Nidec Main Business and Markets Served
7.6.5 Nidec Recent Developments/Updates
7.7 Toshiba
7.7.1 Toshiba Industrial Motors Corporation Information
7.7.2 Toshiba Industrial Motors Product Portfolio
7.7.3 Toshiba Industrial Motors Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Toshiba Main Business and Markets Served
7.7.5 Toshiba Recent Developments/Updates
7.8 Regal Beloit
7.8.1 Regal Beloit Industrial Motors Corporation Information
7.8.2 Regal Beloit Industrial Motors Product Portfolio
7.8.3 Regal Beloit Industrial Motors Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Regal Beloit Main Business and Markets Served
7.7.5 Regal Beloit Recent Developments/Updates
7.9 WEG
7.9.1 WEG Industrial Motors Corporation Information
7.9.2 WEG Industrial Motors Product Portfolio
7.9.3 WEG Industrial Motors Production, Value, Price and Gross Margin (2019-2024)
7.9.4 WEG Main Business and Markets Served
7.9.5 WEG Recent Developments/Updates
7.10 Teco
7.10.1 Teco Industrial Motors Corporation Information
7.10.2 Teco Industrial Motors Product Portfolio
7.10.3 Teco Industrial Motors Production, Value, Price and Gross Margin (2019-2024)
7.10.4 Teco Main Business and Markets Served
7.10.5 Teco Recent Developments/Updates
7.11 Emerson
7.11.1 Emerson Industrial Motors Corporation Information
7.11.2 Emerson Industrial Motors Product Portfolio
7.11.3 Emerson Industrial Motors Production, Value, Price and Gross Margin (2019-2024)
7.11.4 Emerson Main Business and Markets Served
7.11.5 Emerson Recent Developments/Updates
7.12 MEIDENSHA
7.12.1 MEIDENSHA Industrial Motors Corporation Information
7.12.2 MEIDENSHA Industrial Motors Product Portfolio
7.12.3 MEIDENSHA Industrial Motors Production, Value, Price and Gross Margin (2019-2024)
7.12.4 MEIDENSHA Main Business and Markets Served
7.12.5 MEIDENSHA Recent Developments/Updates
7.13 Wolong Electric
7.13.1 Wolong Electric Industrial Motors Corporation Information
7.13.2 Wolong Electric Industrial Motors Product Portfolio
7.13.3 Wolong Electric Industrial Motors Production, Value, Price and Gross Margin (2019-2024)
7.13.4 Wolong Electric Main Business and Markets Served
7.13.5 Wolong Electric Recent Developments/Updates
7.14 Rockwell Automation
7.14.1 Rockwell Automation Industrial Motors Corporation Information
7.14.2 Rockwell Automation Industrial Motors Product Portfolio
7.14.3 Rockwell Automation Industrial Motors Production, Value, Price and Gross Margin (2019-2024)
7.14.4 Rockwell Automation Main Business and Markets Served
7.14.5 Rockwell Automation Recent Developments/Updates
7.15 Franklin Electric
7.15.1 Franklin Electric Industrial Motors Corporation Information
7.15.2 Franklin Electric Industrial Motors Product Portfolio
7.15.3 Franklin Electric Industrial Motors Production, Value, Price and Gross Margin (2019-2024)
7.15.4 Franklin Electric Main Business and Markets Served
7.15.5 Franklin Electric Recent Developments/Updates
7.16 Zhongda Motor
7.16.1 Zhongda Motor Industrial Motors Corporation Information
7.16.2 Zhongda Motor Industrial Motors Product Portfolio
7.16.3 Zhongda Motor Industrial Motors Production, Value, Price and Gross Margin (2019-2024)
7.16.4 Zhongda Motor Main Business and Markets Served
7.16.5 Zhongda Motor Recent Developments/Updates
7.17 XIZI FORVORDA
7.17.1 XIZI FORVORDA Industrial Motors Corporation Information
7.17.2 XIZI FORVORDA Industrial Motors Product Portfolio
7.17.3 XIZI FORVORDA Industrial Motors Production, Value, Price and Gross Margin (2019-2024)
7.17.4 XIZI FORVORDA Main Business and Markets Served
7.17.5 XIZI FORVORDA Recent Developments/Updates
7.18 Ametek
7.18.1 Ametek Industrial Motors Corporation Information
7.18.2 Ametek Industrial Motors Product Portfolio
7.18.3 Ametek Industrial Motors Production, Value, Price and Gross Margin (2019-2024)
7.18.4 Ametek Main Business and Markets Served
7.18.5 Ametek Recent Developments/Updates
7.19 Allied Motion
7.19.1 Allied Motion Industrial Motors Corporation Information
7.19.2 Allied Motion Industrial Motors Product Portfolio
7.19.3 Allied Motion Industrial Motors Production, Value, Price and Gross Margin (2019-2024)
7.19.4 Allied Motion Main Business and Markets Served
7.19.5 Allied Motion Recent Developments/Updates
7.20 JEUMONT
7.20.1 JEUMONT Industrial Motors Corporation Information
7.20.2 JEUMONT Industrial Motors Product Portfolio
7.20.3 JEUMONT Industrial Motors Production, Value, Price and Gross Margin (2019-2024)
7.20.4 JEUMONT Main Business and Markets Served
7.20.5 JEUMONT Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Industrial Motors Industry Chain Analysis
8.2 Industrial Motors Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Industrial Motors Production Mode & Process
8.4 Industrial Motors Sales and Marketing
8.4.1 Industrial Motors Sales Channels
8.4.2 Industrial Motors Distributors
8.5 Industrial Motors Customers
9 Industrial Motors Market Dynamics
9.1 Industrial Motors Industry Trends
9.2 Industrial Motors Market Drivers
9.3 Industrial Motors Market Challenges
9.4 Industrial Motors Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
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