Global Industrial Motors Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Industrial Motors Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

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.

According to our (Global Info Research) latest study, the global Industrial Motors market size was valued at US$ 55310 million in 2023 and is forecast to a readjusted size of USD 68440 million by 2030 with a CAGR of 3.1% during review period.

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 is a detailed and comprehensive analysis for global Industrial Motors market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.

Key Features:

Global Industrial Motors market size and forecasts, in consumption value ($ Million), sales quantity (MW), and average selling prices (USD/W), 2019-2030

Global Industrial Motors market size and forecasts by region and country, in consumption value ($ Million), sales quantity (MW), and average selling prices (USD/W), 2019-2030

Global Industrial Motors market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (MW), and average selling prices (USD/W), 2019-2030

Global Industrial Motors market shares of main players, shipments in revenue ($ Million), sales quantity (MW), and ASP (USD/W), 2019-2024

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Industrial Motors

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Industrial Motors market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include ABB, Siemens, Mitsubishi, GE, HITACHI, Nidec, Toshiba, Regal Beloit, WEG, Teco, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

Industrial Motors market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
High Voltage Motor
Low Voltage Motor

Market segment by Application
Oil & Gas
Power Generation
Mining & Metal
Industrial Machinery
Others

Major players covered
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

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Industrial Motors product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Industrial Motors, with price, sales quantity, revenue, and global market share of Industrial Motors from 2019 to 2024.

Chapter 3, the Industrial Motors competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Industrial Motors breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2019 to 2030.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2019 to 2024.and Industrial Motors market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Industrial Motors.

Chapter 14 and 15, to describe Industrial Motors sales channel, distributors, customers, research findings and conclusion.