The Market Reports

Synopsis
The global market for Smart Motors was estimated to be worth US$ 983 million in 2024 and is forecast to a readjusted size of US$ 1563 million by 2031 with a CAGR of 7.1% during the forecast period 2025-2031.

This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on Smart Motors cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.

Smart Motors are made with high performance drives and motors, and deliver high power in a compact high-quality package that can help machine builders cut down on mounting space and cables, increase reliability, eliminate motor wiring time, save labor costs, at a lower system cost.

Smart motors with sensors combine motor functionality with integrated sensors to optimize performance, efficiency, and monitoring. These motors are often used in industrial automation, robotics and more, thanks to their ability to adjust speed, torque, and power based on feedback from the environment or application.

The smart motors market holds substantial potential across diverse applications, buoyed by technological advancements and evolving industry needs. In industrial settings, smart motors are revolutionizing manufacturing processes. Their ability to adjust speed and torque in real - time based on load requirements optimizes energy consumption, crucial for large - scale operations such as in factories with numerous pumps, fans, and conveyors.

For example, in the automotive manufacturing industry, smart motors power robotic arms for precise assembly tasks, enhancing productivity while reducing energy waste. This real - time adaptability not only cuts down on electricity bills but also extends the lifespan of machinery, reducing maintenance costs.​

Aerospace and defense applications also stand to benefit greatly from smart motors. In aircraft, these motors can be used for various functions like actuating landing gear, controlling flaps, and operating environmental control systems. Their reliability, precision, and ability to withstand extreme conditions make them ideal for such critical applications. For instance, in unmanned aerial vehicles (UAVs), smart motors enable more stable flight and longer endurance by efficiently managing power consumption.​

In conclusion, with industries constantly striving for higher efficiency, lower energy consumption, and improved performance, the smart motors market has vast potential across these applications and is set to witness significant growth in the coming years.

This report aims to provide a comprehensive presentation of the global market for Smart Motors, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Smart Motors by region & country, by Type, and by Application.

The Smart Motors market size, estimations, and forecasts are provided in terms of sales volume (K Units) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. 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 Smart Motors.

Market Segmentation
By Company

• Nidec Motors
• ABB
• Bosch Rexroth
• Siemens
• MOOG
• MOONS' Industries
• Schneider Electric
• OMRON
• Leadshine
• MinebeaMitsumi
• Hoyer
• FAULHABER
• JVL A/S
• ElectroCraft, Inc.
• Lenze
• Nanotec Electronic
• Novanta IMS
• STXI Motion

Segment by Type

• Smart Servo Motor
• Smart Stepper Motor
• Others

Segment by Application

• Industrial Robots
• Machine Tools
• Aerospace and Defense
• Automotive
• Electronic Equipment
• Others

Segment by Region

• North America: United States, Canada, and Mexico
• Europe: United Kingdom, Germany, France, Spain, Italy, and Rest of Europe
• Asia Pacific: China, India, Japan, Australia, South Korea, and Rest of Asia Pacific
• Middle East & Africa: Saudi Arabia, South Africa, and Rest of MEA
• Latin America: Brazil, Argentina, and Rest of Latin America

*If you need a regional or country-specific version, or customized segmentation, we can tailor the report to your requirements.