Global Squirrel-cage Induction Motor Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031
According to our (Global Info Research) latest study, the global Squirrel-cage Induction Motor market size was valued at US$ 14860 million in 2024 and is forecast to a readjusted size of USD 18510 million by 2031 with a CAGR of 3.2% during review period.
Squirrel cage motor is one of the types of induction motors. In order to generate motion, it hardens electromagnetism. As the output shaft is connected to the rotor inner component which is looking like a cage. Hence it is called squirrel cage. The two-end caps i.e, circular in shape are joined by rotor bars. These are acted based on the EMF i.e, generated by the stator. This EMF is also generated outer housing that is made of laminated metal sheets and wire coiling. The two main parts of any type of induction motor are the stator and the rotor. The squirrel cage is a simple method of pulling an electromagnetic induction effect.
From the perspective of product type and technology, according to the research and interviews on the Squirrel-cage Induction Motor market, the voltage below 1000V is mainly classified as low-voltage type, and the voltage above 1000V is classified as high-voltage type Squirrel-cage Induction Motor. According to the market application survey and analysis, low-voltage Squirrel-cage Induction Motor occupies the main market share due to its wide downstream application.
Based on application, Squirrel-cage Induction Motor has the characteristics of simple structure, reliable operation, high efficiency, convenient maintenance and low price, and is widely used in metallurgy, petroleum, chemical industry, water conservancy and hydropower and other industrial fields. In recent years, the proportion of squirrel cage asynchronous motors in industries such as metallurgy, mining, and petrochemical industries has gradually decreased, while the proportion of industries such as chemical industry, food and beverage has increased.
This report is a detailed and comprehensive analysis for global Squirrel-cage Induction Motor 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 2025, are provided.
Key Features:
Global Squirrel-cage Induction Motor market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2020-2031
Global Squirrel-cage Induction Motor market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2020-2031
Global Squirrel-cage Induction Motor market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2020-2031
Global Squirrel-cage Induction Motor market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (USD/Unit), 2020-2025
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 Squirrel-cage Induction Motor
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 Squirrel-cage Induction Motor 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, Wolong Electric Group, WEG, TECO, XEMC, Nidec, Hitachi, Huali Group, Toshiba, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Squirrel-cage Induction Motor market is split by Type and by Application. For the period 2020-2031, 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
Low Pressure
High Pressure
Market segment by Application
Chemical
Metallurgy and Mining
Water and wastewater treatment
Petrochemical
Food and Beverage
Automotive and Transportation
General Machinery
Others
Major players covered
ABB
Siemens
Wolong Electric Group
WEG
TECO
XEMC
Nidec
Hitachi
Huali Group
Toshiba
Tatung
WN Motor
DZ Motor
Jiangxi Special Electric Motor
YASKAWA
NORD
Regal-Beloit
SEW-EURODRIVE
Zhejiang Jinlong Electrical Machinery
Jiangsu Yuandong Electric Motor
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 Squirrel-cage Induction Motor product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Squirrel-cage Induction Motor, with price, sales quantity, revenue, and global market share of Squirrel-cage Induction Motor from 2020 to 2025.
Chapter 3, the Squirrel-cage Induction Motor competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Squirrel-cage Induction Motor breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
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 2020 to 2031.
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 2020 to 2025.and Squirrel-cage Induction Motor market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
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 Squirrel-cage Induction Motor.
Chapter 14 and 15, to describe Squirrel-cage Induction Motor sales channel, distributors, customers, research findings and conclusion.