Global High Voltage Induction Motors Market Growth 2025-2031

The global High Voltage Induction Motors market size is predicted to grow from US$ 23190 million in 2025 to US$ 29830 million in 2031; it is expected to grow at a CAGR of 4.3% from 2025 to 2031.

Induction motor is a device in which the rotor is placed in a rotating magnetic field, and under the action of the rotating magnetic field, a rotating torque is obtained, so that the rotor rotates. The rotor is a rotatable conductor, usually in the shape of a squirrel cage. High-voltage induction motor refers to a motor with a rated voltage above 1000V.

The growth of the global transportation industry is mostly driven by the developing economies of the world with burgeoning vehicle sales, hence, contributing to the growth of the automotive industry. China, among the emerging economies of the world, is leading in automotive sales at the international level. Additionally, the economic growth is further providing an impetus to the growth of the automotive industry here with a surge in automotive manufacturing. Furthermore, the augmenting logistics industry with the growing e-commerce activities is increasing the demand for efficient fleet management, thus propagating the demand for high voltage induction motors in material handling and other operations in the forecast period. For example, in Japan from the APAC region, the logistics industry holds importance for the citizens of the country. Also, this is known to support the economic activities of the companies. 

LP Information, Inc. (LPI) ' newest research report, the “High Voltage Induction Motors Industry Forecast” looks at past sales and reviews total world High Voltage Induction Motors sales in 2024, providing a comprehensive analysis by region and market sector of projected High Voltage Induction Motors sales for 2025 through 2031. With High Voltage Induction Motors sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world High Voltage Induction Motors industry.

This Insight Report provides a comprehensive analysis of the global High Voltage Induction Motors landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on High Voltage Induction Motors portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global High Voltage Induction Motors market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for High Voltage Induction Motors and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global High Voltage Induction Motors.

This report presents a comprehensive overview, market shares, and growth opportunities of High Voltage Induction Motors market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Squirrel-Cage
Slip-Ring

Segmentation by Application:
Oil & Gas and Chemicals
Power and Energy
Wastewater Treatment
Mining
Cement Industry
Metallurgical Industry
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
ABB
WEG
Toshiba
Siemens
ATB Laurence Scott
Regal Rexnord
VEM Group
Hyundai Electric
MENZEL Elektromotoren
Wolong
Shanghai Electric
Nidec Industrial
HYOSUNG
TMEIC
Jeumont Electric
Nidec ASI
TECO Electric
VYBO Electric Company

Key Questions Addressed in this Report

What is the 10-year outlook for the global High Voltage Induction Motors market?

What factors are driving High Voltage Induction Motors market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do High Voltage Induction Motors market opportunities vary by end market size?

How does High Voltage Induction Motors break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.