Global Squirrel-cage Induction Motor Market Growth 2025-2031
The global Squirrel-cage Induction Motor market size is predicted to grow from US$ 14540 million in 2025 to US$ 17800 million in 2031; it is expected to grow at a CAGR of 3.4% from 2025 to 2031.
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.
LP Information, Inc. (LPI) ' newest research report, the “Squirrel-cage Induction Motor Industry Forecast” looks at past sales and reviews total world Squirrel-cage Induction Motor sales in 2024, providing a comprehensive analysis by region and market sector of projected Squirrel-cage Induction Motor sales for 2025 through 2031. With Squirrel-cage Induction Motor sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Squirrel-cage Induction Motor industry.
This Insight Report provides a comprehensive analysis of the global Squirrel-cage Induction Motor 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 Squirrel-cage Induction Motor portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Squirrel-cage Induction Motor market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Squirrel-cage Induction Motor 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 Squirrel-cage Induction Motor.
This report presents a comprehensive overview, market shares, and growth opportunities of Squirrel-cage Induction Motor market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Low Pressure
High Pressure
Segmentation by Application:
Chemical
Metallurgy and Mining
Water and wastewater treatment
Petrochemical
Food and Beverage
Automotive and Transportation
General Machinery
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
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
Key Questions Addressed in this Report
What is the 10-year outlook for the global Squirrel-cage Induction Motor market?
What factors are driving Squirrel-cage Induction Motor market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Squirrel-cage Induction Motor market opportunities vary by end market size?
How does Squirrel-cage Induction Motor break out by Type, by Application?
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