Global Switched Reluctance Motors Market Growth 2025-2031

The global Switched Reluctance Motors market size is predicted to grow from US$ 595 million in 2025 to US$ 820 million in 2031; it is expected to grow at a CAGR of 5.5% from 2025 to 2031.

The switched reluctance motor (SRM) is a type of speed-regulating motor. It is a new type of speed-regulating motor developed after the DC motor and the brushless DC motor (BLDC). The switched reluctance motor works based on the principle that the magnetic flux is always closed along the path with the largest magnetic permeance. When the center lines of the stator and rotor teeth do not coincide and the magnetic permeance is not the largest, the magnetic field will generate magnetic pull, forming a magnetic resistance torque, causing the rotor to rotate to the position with the largest magnetic permeance. Its operation follows the "minimum magnetic resistance principle", that is, the magnetic flux is always closed along the path with the smallest magnetic resistance.

Switched reluctance motors have been successfully applied to many fields such as electric vehicle drives, general industry, household appliances and textile machinery, showing a wide range of application prospects and huge development potential.

Global Switched Reluctance Motors key players include Nidec, AMETEK, Shandong Kehui Power Automation, Maccon GmbH etc. Global top five manufacturers hold a share over 50%. Europe is the largest market, with a share over 25%, followed by China and Japan, both have a share over 30% percent. In terms of product, <100 KW is the largest segment, with a share over 60%. And in terms of application, the largest application is Industrial Machinery, followed by Automobile Industry and Appliance Industry.

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

This Insight Report provides a comprehensive analysis of the global Switched Reluctance 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 Switched Reluctance Motors portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Switched Reluctance Motors market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Switched Reluctance 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 Switched Reluctance Motors.

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

Segmentation by Type:
<100 KW
100-500 KW
>500 KW

Segmentation by Application:
Automobile Industry
Appliance Industry
Industrial 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.
Nidec
AMETEK
Shandong Kehui Power Automation
Deep Blue Exploration Power Technology
Maccon GmbH
Rongjia Motor
Rocky Mountain Technologies
Liexun (Tianjin) Electric Technology
SDT Drive Technology
Jiangsu Huayang Intelligent Equipment
Shandong Aici Drive Technology
Zibo Jingke Electric

Key Questions Addressed in this Report

What is the 10-year outlook for the global Switched Reluctance Motors market?

What factors are driving Switched Reluctance Motors market growth, globally and by region?

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

How do Switched Reluctance Motors market opportunities vary by end market size?

How does Switched Reluctance Motors break out by Type, by Application?

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