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Induction Motor-Global Market Insights and Sales Trends 2025

Induction Motor-Global Market Insights and Sales Trends 2025

Publishing Date : Mar, 2025

License Type :
 

Report Code : 1845655

No of Pages : 129

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Synopsis
Induction motor is an AC electric motor in which the electric current in the rotor needed to produce torque is obtained by electromagnetic induction from the magnetic field of the stator winding. Induction motor therefore does not require mechanical commutation, separate-excitation or self-excitation for all or part of the energy transferred from stator to rotor. Induction motor's rotor can be either wound type or squirrel-cage type.
Three-phase squirrel-cage induction motors are widely used in industrial drives because they are rugged, reliable and economical. Single-phase induction motors are used extensively for smaller loads, such as household appliances like fans.
The global Induction Motor market size is expected to reach US$ 22790 million by 2029, growing at a CAGR of 7.0% from 2023 to 2029. The market is mainly driven by the significant applications of Induction Motor in various end use industries. The expanding demands from the Chemical Industry, Logistics Industry, Engineering and Manufacturing Industry and Others, are propelling Induction Motor market. Single-phase Induction Motor, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Three-phase Induction Motor segment is estimated at % CAGR for the next seven-year period.
Europe, USA and China are the major sales markets. The Chinese market is stably growing, while the market share of Europe and USA is gradually declined, and the market in other areas is expanding year by year.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Induction Motor, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Induction Motor market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Induction Motor market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Induction Motor sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Induction Motor covered in this report include ABB, Emerson, GE, TECO, Regal-Beloit, Nidec, Siemens, Tatung and Hitachi, etc.
The global Induction Motor market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
ABB
Emerson
GE
TECO
Regal-Beloit
Nidec
Siemens
Tatung
Hitachi
WEG
Bosch Rexroth
SEW-Eurodrive
Cummins
YASKAWA
Toshiba
VEM
NORD
Landert
ABM Greiffenberger
SPG
Brook Crompton
Sterling Electric
Wolong
XEMC
JLEM
Huali Group
Jiangte
WNM
Ydmotor
Dazhong
Global Induction Motor market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Induction Motor market, Segment by Type:
Single-phase Induction Motor
Three-phase Induction Motor
Global Induction Motor market, by Application
Chemical Industry
Logistics Industry
Engineering and Manufacturing Industry
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Induction Motor manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Induction Motor in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. 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 Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index
1 Induction Motor Market Overview
1.1 Induction Motor Product Overview
1.2 Induction Motor Market Segment by Type
1.2.1 Single-phase Induction Motor
1.2.2 Three-phase Induction Motor
1.3 Global Induction Motor Market Size by Type
1.3.1 Global Induction Motor Market Size Overview by Type (2018-2029)
1.3.2 Global Induction Motor Historic Market Size Review by Type (2018-2023)
1.3.3 Global Induction Motor Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Induction Motor Sales Breakdown by Type (2018-2023)
1.4.2 Europe Induction Motor Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Induction Motor Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Induction Motor Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Induction Motor Sales Breakdown by Type (2018-2023)
2 Global Induction Motor Market Competition by Company
2.1 Global Top Players by Induction Motor Sales (2018-2023)
2.2 Global Top Players by Induction Motor Revenue (2018-2023)
2.3 Global Top Players by Induction Motor Price (2018-2023)
2.4 Global Top Manufacturers Induction Motor Manufacturing Base Distribution, Sales Area, Product Type
2.5 Induction Motor Market Competitive Situation and Trends
2.5.1 Induction Motor Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Induction Motor Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Induction Motor as of 2022)
2.7 Date of Key Manufacturers Enter into Induction Motor Market
2.8 Key Manufacturers Induction Motor Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Induction Motor Status and Outlook by Region
3.1 Global Induction Motor Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Induction Motor Historic Market Size by Region
3.2.1 Global Induction Motor Sales in Volume by Region (2018-2023)
3.2.2 Global Induction Motor Sales in Value by Region (2018-2023)
3.2.3 Global Induction Motor Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Induction Motor Forecasted Market Size by Region
3.3.1 Global Induction Motor Sales in Volume by Region (2024-2029)
3.3.2 Global Induction Motor Sales in Value by Region (2024-2029)
3.3.3 Global Induction Motor Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Induction Motor by Application
4.1 Induction Motor Market Segment by Application
4.1.1 Chemical Industry
4.1.2 Logistics Industry
4.1.3 Engineering and Manufacturing Industry
4.1.4 Others
4.2 Global Induction Motor Market Size by Application
4.2.1 Global Induction Motor Market Size Overview by Application (2018-2029)
4.2.2 Global Induction Motor Historic Market Size Review by Application (2018-2023)
4.2.3 Global Induction Motor Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Induction Motor Sales Breakdown by Application (2018-2023)
4.3.2 Europe Induction Motor Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Induction Motor Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Induction Motor Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Induction Motor Sales Breakdown by Application (2018-2023)
5 North America Induction Motor by Country
5.1 North America Induction Motor Historic Market Size by Country
5.1.1 North America Induction Motor Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Induction Motor Sales in Volume by Country (2018-2023)
5.1.3 North America Induction Motor Sales in Value by Country (2018-2023)
5.2 North America Induction Motor Forecasted Market Size by Country
5.2.1 North America Induction Motor Sales in Volume by Country (2024-2029)
5.2.2 North America Induction Motor Sales in Value by Country (2024-2029)
6 Europe Induction Motor by Country
6.1 Europe Induction Motor Historic Market Size by Country
6.1.1 Europe Induction Motor Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Induction Motor Sales in Volume by Country (2018-2023)
6.1.3 Europe Induction Motor Sales in Value by Country (2018-2023)
6.2 Europe Induction Motor Forecasted Market Size by Country
6.2.1 Europe Induction Motor Sales in Volume by Country (2024-2029)
6.2.2 Europe Induction Motor Sales in Value by Country (2024-2029)
7 Asia-Pacific Induction Motor by Region
7.1 Asia-Pacific Induction Motor Historic Market Size by Region
7.1.1 Asia-Pacific Induction Motor Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Induction Motor Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Induction Motor Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Induction Motor Forecasted Market Size by Region
7.2.1 Asia-Pacific Induction Motor Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Induction Motor Sales in Value by Region (2024-2029)
8 Latin America Induction Motor by Country
8.1 Latin America Induction Motor Historic Market Size by Country
8.1.1 Latin America Induction Motor Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Induction Motor Sales in Volume by Country (2018-2023)
8.1.3 Latin America Induction Motor Sales in Value by Country (2018-2023)
8.2 Latin America Induction Motor Forecasted Market Size by Country
8.2.1 Latin America Induction Motor Sales in Volume by Country (2024-2029)
8.2.2 Latin America Induction Motor Sales in Value by Country (2024-2029)
9 Middle East and Africa Induction Motor by Country
9.1 Middle East and Africa Induction Motor Historic Market Size by Country
9.1.1 Middle East and Africa Induction Motor Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Induction Motor Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Induction Motor Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Induction Motor Forecasted Market Size by Country
9.2.1 Middle East and Africa Induction Motor Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Induction Motor Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 ABB
10.1.1 ABB Company Information
10.1.2 ABB Introduction and Business Overview
10.1.3 ABB Induction Motor Sales, Revenue and Gross Margin (2018-2023)
10.1.4 ABB Induction Motor Products Offered
10.1.5 ABB Recent Development
10.2 Emerson
10.2.1 Emerson Company Information
10.2.2 Emerson Introduction and Business Overview
10.2.3 Emerson Induction Motor Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Emerson Induction Motor Products Offered
10.2.5 Emerson Recent Development
10.3 GE
10.3.1 GE Company Information
10.3.2 GE Introduction and Business Overview
10.3.3 GE Induction Motor Sales, Revenue and Gross Margin (2018-2023)
10.3.4 GE Induction Motor Products Offered
10.3.5 GE Recent Development
10.4 TECO
10.4.1 TECO Company Information
10.4.2 TECO Introduction and Business Overview
10.4.3 TECO Induction Motor Sales, Revenue and Gross Margin (2018-2023)
10.4.4 TECO Induction Motor Products Offered
10.4.5 TECO Recent Development
10.5 Regal-Beloit
10.5.1 Regal-Beloit Company Information
10.5.2 Regal-Beloit Introduction and Business Overview
10.5.3 Regal-Beloit Induction Motor Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Regal-Beloit Induction Motor Products Offered
10.5.5 Regal-Beloit Recent Development
10.6 Nidec
10.6.1 Nidec Company Information
10.6.2 Nidec Introduction and Business Overview
10.6.3 Nidec Induction Motor Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Nidec Induction Motor Products Offered
10.6.5 Nidec Recent Development
10.7 Siemens
10.7.1 Siemens Company Information
10.7.2 Siemens Introduction and Business Overview
10.7.3 Siemens Induction Motor Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Siemens Induction Motor Products Offered
10.7.5 Siemens Recent Development
10.8 Tatung
10.8.1 Tatung Company Information
10.8.2 Tatung Introduction and Business Overview
10.8.3 Tatung Induction Motor Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Tatung Induction Motor Products Offered
10.8.5 Tatung Recent Development
10.9 Hitachi
10.9.1 Hitachi Company Information
10.9.2 Hitachi Introduction and Business Overview
10.9.3 Hitachi Induction Motor Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Hitachi Induction Motor Products Offered
10.9.5 Hitachi Recent Development
10.10 WEG
10.10.1 WEG Company Information
10.10.2 WEG Introduction and Business Overview
10.10.3 WEG Induction Motor Sales, Revenue and Gross Margin (2018-2023)
10.10.4 WEG Induction Motor Products Offered
10.10.5 WEG Recent Development
10.11 Bosch Rexroth
10.11.1 Bosch Rexroth Company Information
10.11.2 Bosch Rexroth Introduction and Business Overview
10.11.3 Bosch Rexroth Induction Motor Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Bosch Rexroth Induction Motor Products Offered
10.11.5 Bosch Rexroth Recent Development
10.12 SEW-Eurodrive
10.12.1 SEW-Eurodrive Company Information
10.12.2 SEW-Eurodrive Introduction and Business Overview
10.12.3 SEW-Eurodrive Induction Motor Sales, Revenue and Gross Margin (2018-2023)
10.12.4 SEW-Eurodrive Induction Motor Products Offered
10.12.5 SEW-Eurodrive Recent Development
10.13 Cummins
10.13.1 Cummins Company Information
10.13.2 Cummins Introduction and Business Overview
10.13.3 Cummins Induction Motor Sales, Revenue and Gross Margin (2018-2023)
10.13.4 Cummins Induction Motor Products Offered
10.13.5 Cummins Recent Development
10.14 YASKAWA
10.14.1 YASKAWA Company Information
10.14.2 YASKAWA Introduction and Business Overview
10.14.3 YASKAWA Induction Motor Sales, Revenue and Gross Margin (2018-2023)
10.14.4 YASKAWA Induction Motor Products Offered
10.14.5 YASKAWA Recent Development
10.15 Toshiba
10.15.1 Toshiba Company Information
10.15.2 Toshiba Introduction and Business Overview
10.15.3 Toshiba Induction Motor Sales, Revenue and Gross Margin (2018-2023)
10.15.4 Toshiba Induction Motor Products Offered
10.15.5 Toshiba Recent Development
10.16 VEM
10.16.1 VEM Company Information
10.16.2 VEM Introduction and Business Overview
10.16.3 VEM Induction Motor Sales, Revenue and Gross Margin (2018-2023)
10.16.4 VEM Induction Motor Products Offered
10.16.5 VEM Recent Development
10.17 NORD
10.17.1 NORD Company Information
10.17.2 NORD Introduction and Business Overview
10.17.3 NORD Induction Motor Sales, Revenue and Gross Margin (2018-2023)
10.17.4 NORD Induction Motor Products Offered
10.17.5 NORD Recent Development
10.18 Landert
10.18.1 Landert Company Information
10.18.2 Landert Introduction and Business Overview
10.18.3 Landert Induction Motor Sales, Revenue and Gross Margin (2018-2023)
10.18.4 Landert Induction Motor Products Offered
10.18.5 Landert Recent Development
10.19 ABM Greiffenberger
10.19.1 ABM Greiffenberger Company Information
10.19.2 ABM Greiffenberger Introduction and Business Overview
10.19.3 ABM Greiffenberger Induction Motor Sales, Revenue and Gross Margin (2018-2023)
10.19.4 ABM Greiffenberger Induction Motor Products Offered
10.19.5 ABM Greiffenberger Recent Development
10.20 SPG
10.20.1 SPG Company Information
10.20.2 SPG Introduction and Business Overview
10.20.3 SPG Induction Motor Sales, Revenue and Gross Margin (2018-2023)
10.20.4 SPG Induction Motor Products Offered
10.20.5 SPG Recent Development
10.21 Brook Crompton
10.21.1 Brook Crompton Company Information
10.21.2 Brook Crompton Introduction and Business Overview
10.21.3 Brook Crompton Induction Motor Sales, Revenue and Gross Margin (2018-2023)
10.21.4 Brook Crompton Induction Motor Products Offered
10.21.5 Brook Crompton Recent Development
10.22 Sterling Electric
10.22.1 Sterling Electric Company Information
10.22.2 Sterling Electric Introduction and Business Overview
10.22.3 Sterling Electric Induction Motor Sales, Revenue and Gross Margin (2018-2023)
10.22.4 Sterling Electric Induction Motor Products Offered
10.22.5 Sterling Electric Recent Development
10.23 Wolong
10.23.1 Wolong Company Information
10.23.2 Wolong Introduction and Business Overview
10.23.3 Wolong Induction Motor Sales, Revenue and Gross Margin (2018-2023)
10.23.4 Wolong Induction Motor Products Offered
10.23.5 Wolong Recent Development
10.24 XEMC
10.24.1 XEMC Company Information
10.24.2 XEMC Introduction and Business Overview
10.24.3 XEMC Induction Motor Sales, Revenue and Gross Margin (2018-2023)
10.24.4 XEMC Induction Motor Products Offered
10.24.5 XEMC Recent Development
10.25 JLEM
10.25.1 JLEM Company Information
10.25.2 JLEM Introduction and Business Overview
10.25.3 JLEM Induction Motor Sales, Revenue and Gross Margin (2018-2023)
10.25.4 JLEM Induction Motor Products Offered
10.25.5 JLEM Recent Development
10.26 Huali Group
10.26.1 Huali Group Company Information
10.26.2 Huali Group Introduction and Business Overview
10.26.3 Huali Group Induction Motor Sales, Revenue and Gross Margin (2018-2023)
10.26.4 Huali Group Induction Motor Products Offered
10.26.5 Huali Group Recent Development
10.27 Jiangte
10.27.1 Jiangte Company Information
10.27.2 Jiangte Introduction and Business Overview
10.27.3 Jiangte Induction Motor Sales, Revenue and Gross Margin (2018-2023)
10.27.4 Jiangte Induction Motor Products Offered
10.27.5 Jiangte Recent Development
10.28 WNM
10.28.1 WNM Company Information
10.28.2 WNM Introduction and Business Overview
10.28.3 WNM Induction Motor Sales, Revenue and Gross Margin (2018-2023)
10.28.4 WNM Induction Motor Products Offered
10.28.5 WNM Recent Development
10.29 Ydmotor
10.29.1 Ydmotor Company Information
10.29.2 Ydmotor Introduction and Business Overview
10.29.3 Ydmotor Induction Motor Sales, Revenue and Gross Margin (2018-2023)
10.29.4 Ydmotor Induction Motor Products Offered
10.29.5 Ydmotor Recent Development
10.30 Dazhong
10.30.1 Dazhong Company Information
10.30.2 Dazhong Introduction and Business Overview
10.30.3 Dazhong Induction Motor Sales, Revenue and Gross Margin (2018-2023)
10.30.4 Dazhong Induction Motor Products Offered
10.30.5 Dazhong Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Induction Motor Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Induction Motor Industrial Chain Analysis
11.4 Induction Motor Market Dynamics
11.4.1 Induction Motor Industry Trends
11.4.2 Induction Motor Market Drivers
11.4.3 Induction Motor Market Challenges
11.4.4 Induction Motor Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Induction Motor Distributors
12.3 Induction Motor Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer

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