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Global Industrial Synchronous Reluctance Motor Market Research Report 2025
Synopsis
Synchronous reluctance motor is an electromechanical energy conversion device, which converts electrical energy to mechanical energy. The motor always runs at synchronous speed due to magnetic locking between the rotor magnetic field and the stator magnetic field.
The global Industrial Synchronous Reluctance Motor market was valued at US$ 186.8 million in 2023 and is anticipated to reach US$ 345.9 million by 2030, witnessing a CAGR of 9.1% during the forecast period 2024-2030.
Global key players of industrial synchronous reluctance motor include ABB, Danfoss, Siemens, KSB (REEL), Bonfiglioli, etc. The top five players hold a share about 80%. Europe is the largest market, has a share about 43%, followed by North America, and Asia-Pacific, with share 35% and 20%, separately.
This report aims to provide a comprehensive presentation of the global market for Industrial Synchronous Reluctance Motor, 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 Synchronous Reluctance Motor.
Report Scope
The Industrial Synchronous Reluctance Motor market size, estimations, and forecasts are provided in terms of output/shipments (Units) 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 Synchronous Reluctance Motor 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 Synchronous Reluctance Motor 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
Danfoss
Siemens
KSB (REEL)
Bonfiglioli
Oemer Motori
Relaoto
Changzhou Nanfang Motor
Delta Electronics
Nidec Leroy-Somer
Mark Elektriks
Segment by Type
0-30 KW
30-100 KW
Above 100 KW
Segment by Application
Process Industries
Discrete Industries
Transportation
Production by Region
India
Europe
China
China Taiwan
Consumption by Region
North America
United States
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 Synchronous Reluctance Motor manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Industrial Synchronous Reluctance Motor 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 Synchronous Reluctance Motor 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.
Synchronous reluctance motor is an electromechanical energy conversion device, which converts electrical energy to mechanical energy. The motor always runs at synchronous speed due to magnetic locking between the rotor magnetic field and the stator magnetic field.
The global Industrial Synchronous Reluctance Motor market was valued at US$ 186.8 million in 2023 and is anticipated to reach US$ 345.9 million by 2030, witnessing a CAGR of 9.1% during the forecast period 2024-2030.
Global key players of industrial synchronous reluctance motor include ABB, Danfoss, Siemens, KSB (REEL), Bonfiglioli, etc. The top five players hold a share about 80%. Europe is the largest market, has a share about 43%, followed by North America, and Asia-Pacific, with share 35% and 20%, separately.
This report aims to provide a comprehensive presentation of the global market for Industrial Synchronous Reluctance Motor, 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 Synchronous Reluctance Motor.
Report Scope
The Industrial Synchronous Reluctance Motor market size, estimations, and forecasts are provided in terms of output/shipments (Units) 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 Synchronous Reluctance Motor 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 Synchronous Reluctance Motor 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
Danfoss
Siemens
KSB (REEL)
Bonfiglioli
Oemer Motori
Relaoto
Changzhou Nanfang Motor
Delta Electronics
Nidec Leroy-Somer
Mark Elektriks
Segment by Type
0-30 KW
30-100 KW
Above 100 KW
Segment by Application
Process Industries
Discrete Industries
Transportation
Production by Region
India
Europe
China
China Taiwan
Consumption by Region
North America
United States
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 Synchronous Reluctance Motor manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Industrial Synchronous Reluctance Motor 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 Synchronous Reluctance Motor 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 Synchronous Reluctance Motor Market Overview
1.1 Product Definition
1.2 Industrial Synchronous Reluctance Motor Segment by Type
1.2.1 Global Industrial Synchronous Reluctance Motor Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 0-30 KW
1.2.3 30-100 KW
1.2.4 Above 100 KW
1.3 Industrial Synchronous Reluctance Motor Segment by Application
1.3.1 Global Industrial Synchronous Reluctance Motor Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Process Industries
1.3.3 Discrete Industries
1.3.4 Transportation
1.4 Global Market Growth Prospects
1.4.1 Global Industrial Synchronous Reluctance Motor Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Industrial Synchronous Reluctance Motor Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Industrial Synchronous Reluctance Motor Production Estimates and Forecasts (2019-2030)
1.4.4 Global Industrial Synchronous Reluctance Motor Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Industrial Synchronous Reluctance Motor Production Market Share by Manufacturers (2019-2024)
2.2 Global Industrial Synchronous Reluctance Motor Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Industrial Synchronous Reluctance Motor, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Industrial Synchronous Reluctance Motor Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Industrial Synchronous Reluctance Motor Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Industrial Synchronous Reluctance Motor, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Industrial Synchronous Reluctance Motor, Product Offered and Application
2.8 Global Key Manufacturers of Industrial Synchronous Reluctance Motor, Date of Enter into This Industry
2.9 Industrial Synchronous Reluctance Motor Market Competitive Situation and Trends
2.9.1 Industrial Synchronous Reluctance Motor Market Concentration Rate
2.9.2 Global 5 and 10 Largest Industrial Synchronous Reluctance Motor Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Industrial Synchronous Reluctance Motor Production by Region
3.1 Global Industrial Synchronous Reluctance Motor Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Industrial Synchronous Reluctance Motor Production Value by Region (2019-2030)
3.2.1 Global Industrial Synchronous Reluctance Motor Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Industrial Synchronous Reluctance Motor by Region (2025-2030)
3.3 Global Industrial Synchronous Reluctance Motor Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Industrial Synchronous Reluctance Motor Production by Region (2019-2030)
3.4.1 Global Industrial Synchronous Reluctance Motor Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Industrial Synchronous Reluctance Motor by Region (2025-2030)
3.5 Global Industrial Synchronous Reluctance Motor Market Price Analysis by Region (2019-2024)
3.6 Global Industrial Synchronous Reluctance Motor Production and Value, Year-over-Year Growth
3.6.1 India Industrial Synchronous Reluctance Motor Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Industrial Synchronous Reluctance Motor Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Industrial Synchronous Reluctance Motor Production Value Estimates and Forecasts (2019-2030)
3.6.4 China Taiwan Industrial Synchronous Reluctance Motor Production Value Estimates and Forecasts (2019-2030)
4 Industrial Synchronous Reluctance Motor Consumption by Region
4.1 Global Industrial Synchronous Reluctance Motor Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Industrial Synchronous Reluctance Motor Consumption by Region (2019-2030)
4.2.1 Global Industrial Synchronous Reluctance Motor Consumption by Region (2019-2024)
4.2.2 Global Industrial Synchronous Reluctance Motor Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Industrial Synchronous Reluctance Motor Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Industrial Synchronous Reluctance Motor Consumption by Country (2019-2030)
4.3.3 United States
4.3.4 Canada
4.4 Europe
4.4.1 Europe Industrial Synchronous Reluctance Motor Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Industrial Synchronous Reluctance Motor 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 Synchronous Reluctance Motor Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Industrial Synchronous Reluctance Motor 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 Synchronous Reluctance Motor Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Industrial Synchronous Reluctance Motor 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 Synchronous Reluctance Motor Production by Type (2019-2030)
5.1.1 Global Industrial Synchronous Reluctance Motor Production by Type (2019-2024)
5.1.2 Global Industrial Synchronous Reluctance Motor Production by Type (2025-2030)
5.1.3 Global Industrial Synchronous Reluctance Motor Production Market Share by Type (2019-2030)
5.2 Global Industrial Synchronous Reluctance Motor Production Value by Type (2019-2030)
5.2.1 Global Industrial Synchronous Reluctance Motor Production Value by Type (2019-2024)
5.2.2 Global Industrial Synchronous Reluctance Motor Production Value by Type (2025-2030)
5.2.3 Global Industrial Synchronous Reluctance Motor Production Value Market Share by Type (2019-2030)
5.3 Global Industrial Synchronous Reluctance Motor Price by Type (2019-2030)
6 Segment by Application
6.1 Global Industrial Synchronous Reluctance Motor Production by Application (2019-2030)
6.1.1 Global Industrial Synchronous Reluctance Motor Production by Application (2019-2024)
6.1.2 Global Industrial Synchronous Reluctance Motor Production by Application (2025-2030)
6.1.3 Global Industrial Synchronous Reluctance Motor Production Market Share by Application (2019-2030)
6.2 Global Industrial Synchronous Reluctance Motor Production Value by Application (2019-2030)
6.2.1 Global Industrial Synchronous Reluctance Motor Production Value by Application (2019-2024)
6.2.2 Global Industrial Synchronous Reluctance Motor Production Value by Application (2025-2030)
6.2.3 Global Industrial Synchronous Reluctance Motor Production Value Market Share by Application (2019-2030)
6.3 Global Industrial Synchronous Reluctance Motor Price by Application (2019-2030)
7 Key Companies Profiled
7.1 ABB
7.1.1 ABB Industrial Synchronous Reluctance Motor Corporation Information
7.1.2 ABB Industrial Synchronous Reluctance Motor Product Portfolio
7.1.3 ABB Industrial Synchronous Reluctance Motor 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 Danfoss
7.2.1 Danfoss Industrial Synchronous Reluctance Motor Corporation Information
7.2.2 Danfoss Industrial Synchronous Reluctance Motor Product Portfolio
7.2.3 Danfoss Industrial Synchronous Reluctance Motor Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Danfoss Main Business and Markets Served
7.2.5 Danfoss Recent Developments/Updates
7.3 Siemens
7.3.1 Siemens Industrial Synchronous Reluctance Motor Corporation Information
7.3.2 Siemens Industrial Synchronous Reluctance Motor Product Portfolio
7.3.3 Siemens Industrial Synchronous Reluctance Motor Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Siemens Main Business and Markets Served
7.3.5 Siemens Recent Developments/Updates
7.4 KSB (REEL)
7.4.1 KSB (REEL) Industrial Synchronous Reluctance Motor Corporation Information
7.4.2 KSB (REEL) Industrial Synchronous Reluctance Motor Product Portfolio
7.4.3 KSB (REEL) Industrial Synchronous Reluctance Motor Production, Value, Price and Gross Margin (2019-2024)
7.4.4 KSB (REEL) Main Business and Markets Served
7.4.5 KSB (REEL) Recent Developments/Updates
7.5 Bonfiglioli
7.5.1 Bonfiglioli Industrial Synchronous Reluctance Motor Corporation Information
7.5.2 Bonfiglioli Industrial Synchronous Reluctance Motor Product Portfolio
7.5.3 Bonfiglioli Industrial Synchronous Reluctance Motor Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Bonfiglioli Main Business and Markets Served
7.5.5 Bonfiglioli Recent Developments/Updates
7.6 Oemer Motori
7.6.1 Oemer Motori Industrial Synchronous Reluctance Motor Corporation Information
7.6.2 Oemer Motori Industrial Synchronous Reluctance Motor Product Portfolio
7.6.3 Oemer Motori Industrial Synchronous Reluctance Motor Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Oemer Motori Main Business and Markets Served
7.6.5 Oemer Motori Recent Developments/Updates
7.7 Relaoto
7.7.1 Relaoto Industrial Synchronous Reluctance Motor Corporation Information
7.7.2 Relaoto Industrial Synchronous Reluctance Motor Product Portfolio
7.7.3 Relaoto Industrial Synchronous Reluctance Motor Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Relaoto Main Business and Markets Served
7.7.5 Relaoto Recent Developments/Updates
7.8 Changzhou Nanfang Motor
7.8.1 Changzhou Nanfang Motor Industrial Synchronous Reluctance Motor Corporation Information
7.8.2 Changzhou Nanfang Motor Industrial Synchronous Reluctance Motor Product Portfolio
7.8.3 Changzhou Nanfang Motor Industrial Synchronous Reluctance Motor Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Changzhou Nanfang Motor Main Business and Markets Served
7.7.5 Changzhou Nanfang Motor Recent Developments/Updates
7.9 Delta Electronics
7.9.1 Delta Electronics Industrial Synchronous Reluctance Motor Corporation Information
7.9.2 Delta Electronics Industrial Synchronous Reluctance Motor Product Portfolio
7.9.3 Delta Electronics Industrial Synchronous Reluctance Motor Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Delta Electronics Main Business and Markets Served
7.9.5 Delta Electronics Recent Developments/Updates
7.10 Nidec Leroy-Somer
7.10.1 Nidec Leroy-Somer Industrial Synchronous Reluctance Motor Corporation Information
7.10.2 Nidec Leroy-Somer Industrial Synchronous Reluctance Motor Product Portfolio
7.10.3 Nidec Leroy-Somer Industrial Synchronous Reluctance Motor Production, Value, Price and Gross Margin (2019-2024)
7.10.4 Nidec Leroy-Somer Main Business and Markets Served
7.10.5 Nidec Leroy-Somer Recent Developments/Updates
7.11 Mark Elektriks
7.11.1 Mark Elektriks Industrial Synchronous Reluctance Motor Corporation Information
7.11.2 Mark Elektriks Industrial Synchronous Reluctance Motor Product Portfolio
7.11.3 Mark Elektriks Industrial Synchronous Reluctance Motor Production, Value, Price and Gross Margin (2019-2024)
7.11.4 Mark Elektriks Main Business and Markets Served
7.11.5 Mark Elektriks Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Industrial Synchronous Reluctance Motor Industry Chain Analysis
8.2 Industrial Synchronous Reluctance Motor Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Industrial Synchronous Reluctance Motor Production Mode & Process
8.4 Industrial Synchronous Reluctance Motor Sales and Marketing
8.4.1 Industrial Synchronous Reluctance Motor Sales Channels
8.4.2 Industrial Synchronous Reluctance Motor Distributors
8.5 Industrial Synchronous Reluctance Motor Customers
9 Industrial Synchronous Reluctance Motor Market Dynamics
9.1 Industrial Synchronous Reluctance Motor Industry Trends
9.2 Industrial Synchronous Reluctance Motor Market Drivers
9.3 Industrial Synchronous Reluctance Motor Market Challenges
9.4 Industrial Synchronous Reluctance Motor 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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