Global Industrial Motors Market Analysis & Trends - Industry Forecast to 2030

Global Industrial Motors Market Analysis & Trends - Industry Forecast to 2030


Industrial Motors: Market Size

From $29.91 billion in 2024, the global Industrial Motors market is projected to reach $45.39 billion by 2030. Based on our analysis the market is expected to grow at a CAGR of 7.2% from 2024 - 2030 timeframe. Some of the prominent trends that the market is witnessing include, rising electricity prices, growing shift towards smart motors and growing demand for energy efficiency.

Global Industrial Motors Market: Market Dynamics

Stringent regulations on energy conservation and rising prices of electricity are the factors driving the industrial motor market. The increasing government initiatives to encourage the adoption of connected environment will fuel market growth. Companies are moving towards using technically advanced industrial motors that can save energy as well as reduce operational costs is driving the market growth.

For instance, the 2022 Management Agenda and the Fiscal Year 2020 United States Budget Plan, called out automation as a tool for agencies to use and explore to address staffing and budgeting issues to deliver better services to the public. Such initiatives are expected to increase the demand for industrial motors.

On the other hand, the growing awareness regarding the depletion of water resources and thus, the rising need for water recycling globally will attribute to the growth of industrial motors.

Impact of COVID-19 on Industrial Motors

The outbreak of Covid-19 has a negative impact on industrial motor market. A significant shift was noticed in several industries using industrial motors for various applications. The manufacturing of the motors came to hold as it became difficult to obtain the components owing to the disrupted supply chain during the period. The advent of COVID-19 harmed the global industrial motors market since the pandemic brought the activities in several end-use industries to a standstill globally which restricted the project construction, exploration and production, gas transportation, and storage activities. After the initial lockdown period, some of the activities were allowed but with restrictions and certain protocols that were required to be followed like the refinery will be operated with a lesser capacity which will require less labor to come in contact due to the travel restrictions, and social distancing was required to be maintained in the premises as well.

By Motor Type

Alternating Current (AC) Motors Segment Dominate the Market in 2024

The alternating current (AC) motors segment made huge revenue in 2024 and growing its prominence during the forecast period as it gained more importance in various industries. AC motors are generally more reliable with low maintenance requirements. Various applications of AC motors are rolling stand motors, large machines, and other special applications. Some of the advantages are their varied structure depending upon the usage and industrial requirement, adjustable speed motors, and availability of different types.

By Geography

Asia Pacific Region is Leading in the Global Market Place

Asia Pacific is likely to have a huge demand in the forecast period. Due to the rapid industrialization, infrastructure development in countries such as China and India, growing end-use industries in the region. Manufacturing is one of the pillars of the Chinese economy and is undergoing a rapid transformation. This large-scale transformation has put the country in a leading position in the market. The country has evolved in its capabilities, from producing low-cost goods to make more advanced products.

List of the Key Players profiled in the market Include:

• ABB Ltd
• Allen - Bradly Co. LLC (Rockwell Automation Inc.)
• Ametek Inc.
• Arc Systems Inc.
• ATB Austria Antriebstechnik AG
• Emerson Electric Co.
• Franklin Electric Co. Inc.
• Fuji Electric Co. Ltd
• General Electric Company
• Johnson Electric Holdings Limited
• Maxon Motor AG
• Menzel Elektromotoren GmbH
• Nidec Corporation
• Siemens AG
• Toshiba International Corporation

List of the regions/countries profiled in the market Include:

North America
• US
• Canada
• Mexico
Europe
• Germany
• U.K
• Italy
• France
• Spain
• Rest of Europe
Asia Pacific
• China
• Japan
• India
• Australia
• New Zealand
• Rest of Asia Pacific
Middle East
• Saudi Arabia
• UAE
• Rest of Middle East
Latin America
• Argentina
• Brazil
• Rest of Latin America
Rest of the World (RoW)
• South Africa
• Others


1 Market Outline
1.1 Definition
1.2 Market Segmentation & Scope
1.3 Market Trends
1.4 Regulatory Factors
1.5 Product Analysis
1.6 End User Analysis
1.7 Strategic Benchmarking
1.8 Opportunity Analysis
2 Executive Summary
3 Research Methodology and Data Source
3.1 Methodology/Research Approach
3.1.1 Research Programs/Design
3.1.2 Market Size Estimation
3.2 Data Source and Assumptions
3.2.1 Purchased Database
3.2.2 Company Repository
3.2.3 Secondary Sources
3.2.4 Primary Research
3.2.5 List of Assumptions
4 Market Overview
4.1 Current Trends
4.1.1 Increasing Awareness Regarding the Health Benefits of Flaxseed
4.1.2 Rising Use of Flax Crop Materials in Textile and Plastic Industries
4.1.3 Increasing Demand for Use in Pet Food
4.1.4 Growth Opportunities/Investment Opportunities
4.2 Drivers
4.3 Constraints
4.4 Impact of COVID-19
5 Market Factor Analysis
5.1 Porters Five Forces
5.1.1 Bargaining power of suppliers
5.1.2 Bargaining power of buyers
5.1.3 Threat of substitutes
5.1.4 Threat of new entrants
5.1.5 Competitive rivalry
5.2 Value Chain Analysis/Supply Chain Analysis
6 Consumer behaviour analysis/Consumer Research
6.1 Consumer trends and preferences
6.2 Factors affecting buying decision
6.3 Consumer product adoption
6.4 Observation & Recommendations
7 Flax Seeds Market, By Product
7.1 Flaxseed Oil
DATA TABLE Flaxseed Oil Market Forecast to 2030 (US$ MN)
7.2 Flaxseed Powder
DATA TABLE Flaxseed Powder Market Forecast to 2030 (US$ MN)
7.3 Gold Flax Seed
DATA TABLE Gold Flax Seed Market Forecast to 2030 (US$ MN)
7.4 Ground Seed (Milled)
DATA TABLE Ground Seed (Milled) Market Forecast to 2030 (US$ MN)
7.5 Ordinary Flax Seed
DATA TABLE Ordinary Flax Seed Market Forecast to 2030 (US$ MN)
7.6 Whole Seed
DATA TABLE Whole Seed Market Forecast to 2030 (US$ MN)
8 Flax Seeds Market, By Nature
8.1 Conventional Flaxseed
DATA TABLE Conventional Flaxseed Market Forecast to 2030 (US$ MN)
8.2 Organic Flaxseed
DATA TABLE Organic Flaxseed Market Forecast to 2030 (US$ MN)
9 Flax Seeds Market, By End User
9.1 Food Industry
DATA TABLE Food Industry Market Forecast to 2030 (US$ MN)
9.1.1 Bakery & Confectionery
DATA TABLE Bakery & Confectionery Market Forecast to 2030 (US$ MN)
9.1.2 Beverages
DATA TABLE Beverages Market Forecast to 2030 (US$ MN)
9.1.3 Dairy Products
DATA TABLE Dairy Products Market Forecast to 2030 (US$ MN)
9.1.4 Snacks & Cereals
DATA TABLE Snacks & Cereals Market Forecast to 2030 (US$ MN)
9.1.5 Energy Bars
DATA TABLE Energy Bars Market Forecast to 2030 (US$ MN)
9.2 Animal Feed
DATA TABLE Animal Feed Market Forecast to 2030 (US$ MN)
9.3 Nutraceuticals
DATA TABLE Nutraceuticals Market Forecast to 2030 (US$ MN)
9.4 Retail/Household
DATA TABLE Retail/Household Market Forecast to 2030 (US$ MN)
9.5 Flour
DATA TABLE Flour Market Forecast to 2030 (US$ MN)
9.6 Industrial
DATA TABLE Industrial Market Forecast to 2030 (US$ MN)
9.7 Miscellaneous
DATA TABLE Miscellaneous Market Forecast to 2030 (US$ MN)
9.8 Paper & Pulp
DATA TABLE Paper & Pulp Market Forecast to 2030 (US$ MN)
9.9 Pet Food
DATA TABLE Pet Food Market Forecast to 2030 (US$ MN)
9.10 Flaxseed Metal Powders
DATA TABLE Flaxseed Metal Powders Market Forecast to 2030 (US$ MN)
9.11 Supplements
DATA TABLE Supplements Market Forecast to 2030 (US$ MN)
9.12 Textile
DATA TABLE Textile Market Forecast to 2030 (US$ MN)
9.13 Other End Users
DATA TABLE Other End Users Market Forecast to 2030 (US$ MN)
9.13.1 Biofuel
DATA TABLE Biofuel Market Forecast to 2030 (US$ MN)
9.13.2 Building Construction
DATA TABLE Building Construction Market Forecast to 2030 (US$ MN)
9.13.3 Personal Care
DATA TABLE Personal Care Market Forecast to 2030 (US$ MN)
10 Flax Seeds Market, By Distribution Channel
10.1 Business to Business
DATA TABLE Business to Business Market Forecast to 2030 (US$ MN)
10.2 Business to Consumer
DATA TABLE Business to Consumer Market Forecast to 2030 (US$ MN)
10.2.1 Convenience Stores
DATA TABLE Convenience Stores Market Forecast to 2030 (US$ MN)
10.2.2 Hypermarkets/Supermarkets
DATA TABLE Hypermarkets/Supermarkets Market Forecast to 2030 (US$ MN)
10.2.3 Online Retail
DATA TABLE Online Retail Market Forecast to 2030 (US$ MN)
10.2.4 Specialty Stores
DATA TABLE Specialty Stores Market Forecast to 2030 (US$ MN)
11 Flax Seeds Market, By Geography
11.1 North America
DATA TABLE North America Market Forecast by Countries to 2030 (US$ MN)
11.1.1 US
11.1.2 Canada
11.1.3 Mexico
11.2 Europe
DATA TABLE Europe Market Forecast by Countries to 2030 (US$ MN)
11.2.1 Germany
11.2.2 U.K
11.2.3 Italy
11.2.4 France
11.2.5 Spain
11.2.6 Rest of Europe
11.3 Asia Pacific
DATA TABLE Asia Pacific Market Forecast by Countries to 2030 (US$ MN)
11.3.1 China
11.3.2 Japan
11.3.3 India
11.3.4 Australia
11.3.5 New Zealand
11.3.6 Rest of Asia Pacific
11.4 Middle East
DATA TABLE Middle East Market Forecast by Countries to 2030 (US$ MN)
11.4.1 Saudi Arabia
11.4.2 UAE
11.4.3 Rest of Middle East
11.5 Latin America
DATA TABLE Latin America Market Forecast by Countries to 2030 (US$ MN)
11.5.1 Argentina
11.5.2 Brazil
11.5.3 Rest of Latin America
11.6 Rest of the World (RoW)
DATA TABLE Rest of the World (RoW) Market Forecast by Countries to 2030 (US$ MN)
11.6.1 South Africa
11.6.2 Others
12 Key Player Activities
12.1 Acquisitions & Mergers
12.1 Agreements, Partnerships, Collaborations and Joint Ventures
12.1 Product Launch & Expansions
12.1 Other Activities
13 Leading Companies
13.1 AgMotion Speciality Grains
13.2 Archer Daniels Midland
13.3 Bioriginal Food & Science Corp.
13.4 CanMAr Grain Products Ltd
13.5 Cargill Incorporated
13.6 Flax Farm Ltd
13.7 Linwoods Health Foods
13.8 Prairie Flax Products Inc.
13.9 Richardson International Ltd
13.10 S.S Johnson Seeds
13.11 Shape Foods Inc.
13.12 Simosis International
13.13 Stokke Seeds
13.14 Sunnyville Farms Ltd
13.15 TA Foods Ltd
List of Tables
Table 1 Global Flax Seeds Market By Region, Market Forecast (2022-2030) (US $MN)
Table 2 Global Flax Seeds Market By Product, Market Forecast (2022-2030) (US $MN)
Table 3 Global Flax Seeds Market By Flaxseed Oil, Market Forecast (2022-2030) (US $MN)
Table 4 Global Flax Seeds Market By Flaxseed Powder, Market Forecast (2022-2030) (US $MN)
Table 5 Global Flax Seeds Market By Gold Flax Seed, Market Forecast (2022-2030) (US $MN)
Table 6 Global Flax Seeds Market By Ground Seed (Milled), Market Forecast (2022-2030) (US $MN)
Table 7 Global Flax Seeds Market By Ordinary Flax Seed, Market Forecast (2022-2030) (US $MN)
Table 8 Global Flax Seeds Market By Whole Seed, Market Forecast (2022-2030) (US $MN)
Table 9 Global Flax Seeds Market By Nature, Market Forecast (2022-2030) (US $MN)
Table 10 Global Flax Seeds Market By Conventional Flaxseed, Market Forecast (2022-2030) (US $MN)
Table 11 Global Flax Seeds Market By Organic Flaxseed, Market Forecast (2022-2030) (US $MN)
Table 12 Global Flax Seeds Market By End User, Market Forecast (2022-2030) (US $MN)
Table 13 Global Flax Seeds Market By Food Industry, Market Forecast (2022-2030) (US $MN)
Table 14 Global Flax Seeds Market By Bakery & Confectionery, Market Forecast (2022-2030) (US $MN)
Table 15 Global Flax Seeds Market By Beverages, Market Forecast (2022-2030) (US $MN)
Table 16 Global Flax Seeds Market By Dairy Products, Market Forecast (2022-2030) (US $MN)
Table 17 Global Flax Seeds Market By Snacks & Cereals, Market Forecast (2022-2030) (US $MN)
Table 18 Global Flax Seeds Market By Energy Bars, Market Forecast (2022-2030) (US $MN)
Table 19 Global Flax Seeds Market By Animal Feed, Market Forecast (2022-2030) (US $MN)
Table 20 Global Flax Seeds Market By Nutraceuticals, Market Forecast (2022-2030) (US $MN)
Table 21 Global Flax Seeds Market By Retail/Household, Market Forecast (2022-2030) (US $MN)
Table 22 Global Flax Seeds Market By Flour, Market Forecast (2022-2030) (US $MN)
Table 23 Global Flax Seeds Market By Industrial, Market Forecast (2022-2030) (US $MN)
Table 24 Global Flax Seeds Market By Miscellaneous, Market Forecast (2022-2030) (US $MN)
Table 25 Global Flax Seeds Market By Paper & Pulp, Market Forecast (2022-2030) (US $MN)
Table 26 Global Flax Seeds Market By Pet Food, Market Forecast (2022-2030) (US $MN)
Table 27 Global Flax Seeds Market By Flaxseed Metal Powders, Market Forecast (2022-2030) (US $MN)
Table 28 Global Flax Seeds Market By Supplements, Market Forecast (2022-2030) (US $MN)
Table 29 Global Flax Seeds Market By Textile, Market Forecast (2022-2030) (US $MN)
Table 30 Global Flax Seeds Market By Other End Users, Market Forecast (2022-2030) (US $MN)
Table 31 Global Flax Seeds Market By Biofuel, Market Forecast (2022-2030) (US $MN)
Table 32 Global Flax Seeds Market By Building Construction, Market Forecast (2022-2030) (US $MN)
Table 33 Global Flax Seeds Market By Personal Care, Market Forecast (2022-2030) (US $MN)
Table 34 Global Flax Seeds Market By Distribution Channel, Market Forecast (2022-2030) (US $MN)
Table 35 Global Flax Seeds Market By Business to Business, Market Forecast (2022-2030) (US $MN)
Table 36 Global Flax Seeds Market By Business to Consumer, Market Forecast (2022-2030) (US $MN)
Table 37 Global Flax Seeds Market By Convenience Stores, Market Forecast (2022-2030) (US $MN)
Table 38 Global Flax Seeds Market By Hypermarkets/Supermarkets, Market Forecast (2022-2030) (US $MN)
Table 39 Global Flax Seeds Market By Online Retail, Market Forecast (2022-2030) (US $MN)
Table 40 Global Flax Seeds Market By Specialty Stores, Market Forecast (2022-2030) (US $MN)
NOTE: Tables for North America, Europe, Asia Pacific, South America and Middle East & Africa are represented in the same manner above.

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