Induction Motor Market: Global Market Size, Forecast, Insights, and Competitive Landscape
The global induction motor market is expected to grow at a CAGR of around 8.7% during 2025-2034. This report on global Induction Motor market report provides holistic understanding of the market along with market sizing, forecast, drivers, challenges, and competitive landscape. The report presents a clear picture of the global Induction Motor market by segmenting the market based on product type, application, end use, and region. Also, detailed profiles of companies operating in the induction motor market are provided in this report. We believe that this report will aid the professionals and industry stakeholders in making informed decision.
Market Drivers
• Rising Focus on Reducing Greenhouse Gas Emissions
• Economical and Low Maintenance Cost
• Increasing Government Funding
Market Challenges
• Shortage of Resources to Key Manufacturers
• High Installation Costs
Historical & Forecast Period
Base Year: 2024
Historical Period: 2020-2024
Forecast Period: 2025-2034
Market by Product Type
• Single Phase Induction Motor
• Three Phase Induction Motor
Market by Application
• HVAC
• Fans
• Pumps
• Compressed Air
• Material Processing
• Material Handling
• Others
Market by End Use
• Industrial
• Commercial
• Residential
Market by Region
• Europe
Germany
United Kingdom
France
Italy
Spain
Russia
Netherlands
Rest of Europe
• North America
United States
Canada
• Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Rest of Asia Pacific
• Latin America
Mexico
Brazil
Argentina
Rest of Latin America
• Middle East & Africa
Saudi Arabia
Turkey
Iran
Rest of Middle East & Africa
- 1. Preface
- 1.1 Objective
- 1.2 Target Audience & Key Offerings
- 1.3 Report’s Scope
- 1.4 Research Methodology
- 1.4.1 Phase I
- 1.4.2 Phase II
- 1.4.3 Phase III
- 1.5 Assumptions
- 2. Key Insights
- 3. Global Induction Motor Market
- 3.1. Introduction
- 3.2. Market Drivers
- 3.3. Market Challenges
- 4. Global Induction Motor Market Analysis
- 4.1. Market Portraiture
- 4.2. Market Size
- 4.3. Market Forecast
- 4.4. Impact of COVID-19
- 5. Global Induction Motor Market by Product Type
- 5.1. Introduction
- 5.2. Single Phase Induction Motor
- 5.3. Three Phase Induction Motor
- 6. Global Induction Motor Market by Application
- 6.1. Introduction
- 6.2. HVAC
- 6.3. Fans
- 6.4. Pumps
- 6.5. Compressed Air
- 6.6. Material Processing
- 6.7. Material Handling
- 6.8. Others
- 7. Global Induction Motor Market by End Use
- 7.1. Introduction
- 7.2. Industrial
- 7.3. Commercial
- 7.4. Residential
- 8. Global Induction Motor Market by Region
- 8.1 Introduction
- 8.2 Europe
- 8.2.1 Germany
- 8.2.2 United Kingdom
- 8.2.3 France
- 8.2.4 Italy
- 8.2.5 Spain
- 8.2.6 Russia
- 8.2.7 Netherlands
- 8.2.8 Rest of the Europe
- 8.3 North America
- 8.3.1 United States
- 8.3.2 Canada
- 8.4 Asia Pacific
- 8.4.1 China
- 8.4.2 Japan
- 8.4.3 India
- 8.4.4 South Korea
- 8.4.5 Australia
- 8.4.6 Indonesia
- 8.4.7 Rest of the Asia Pacific
- 8.5 Latin America
- 8.5.1 Mexico
- 8.5.2 Brazil
- 8.5.3 Argentina
- 8.5.4 Rest of Latin America
- 8.6 Middle East & Africa
- 8.6.1 Saudi Arabia
- 8.6.2 Turkey
- 8.6.3 Iran
- 8.6.4 Rest of Middle East & Africa
- 9. SWOT Analysis
- 10. Porter’s Five Forces
- 11. Market Value Chain Analysis
- 12. Competitive Landscape
- 12.1 Competitive Scenario
- 12.2 Company Profiles
- 12.2.1 ABB
- 12.2.2 Ametek
- 12.2.3 Emerson Electric
- 12.2.4 Siemens
- 12.2.5 WEG
- 12.2.6 Baldor Electric
- 12.2.7 Brook Crompton
- 12.2.8 Danaher Corporation
- 12.2.9 Johnson Electric Holdings
- 12.2.10 Regal Beloit
- 12.2.11 Schneider Electric SE
- 12.2.12 Kirloskar Electric Company
- 12.2.13 Marathon Electric
- List of Figures
- Figure 1: Global Induction Motor Market (in US$ Million), 2020-2024
- Figure 2: Global Induction Motor Market by Product Type, 2024
- Figure 3: Global Induction Motor Market by Application, 2024
- Figure 4: Global Induction Motor Market by End Use, 2024
- Figure 5: Global Induction Motor Market by Region, 2024
- Figure 6: Global Induction Motor Market (in US$ Million), 2025-2034
- Figure 7: Global Induction Motor Market by Product Type (in %), 2024 & 2034
- Figure 8: Global Single Phase Induction Motor Market (in US$ Million), 2020-2024
- Figure 9: Global Single Phase Induction Motor Market (in US$ Million), 2025-2034
- Figure 10: Global Three Phase Induction Motor Market (in US$ Million), 2020-2024
- Figure 11: Global Three Phase Induction Motor Market (in US$ Million), 2025-2034
- Figure 12: Global Induction Motor Market by Application (in %), 2024 & 2034
- Figure 13: Global HVAC Induction Motor Market (in US$ Million), 2020-2024
- Figure 14: Global HVAC Induction Motor Market (in US$ Million), 2025-2034
- Figure 15: Global Fans Induction Motor Market (in US$ Million), 2020-2024
- Figure 16: Global Fans Induction Motor Market (in US$ Million), 2025-2034
- Figure 17: Global Pumps Induction Motor Market (in US$ Million), 2020-2024
- Figure 18: Global Pumps Induction Motor Market (in US$ Million), 2025-2034
- Figure 19: Global Compressed Air Induction Motor Market (in US$ Million), 2020-2024
- Figure 20: Global Compressed Air Induction Motor Market (in US$ Million), 2025-2034
- Figure 21: Global Material Processing Induction Motor Market (in US$ Million), 2020-2024
- Figure 22: Global Material Processing Induction Motor Market (in US$ Million), 2025-2034
- Figure 23: Global Material Handling Induction Motor Market (in US$ Million), 2020-2024
- Figure 24: Global Material Handling Induction Motor Market (in US$ Million), 2025-2034
- Figure 25: Global Others Induction Motor Market (in US$ Million), 2020-2024
- Figure 26: Global Others Induction Motor Market (in US$ Million), 2025-2034
- Figure 27: Global Induction Motor Market by End Use (in %), 2024 & 2034
- Figure 28: Global Industrial Induction Motor Market (in US$ Million), 2020-2024
- Figure 29: Global Industrial Induction Motor Market (in US$ Million), 2025-2034
- Figure 30: Global Commercial Induction Motor Market (in US$ Million), 2020-2024
- Figure 31: Global Commercial Induction Motor Market (in US$ Million), 2025-2034
- Figure 32: Global Residential Induction Motor Market (in US$ Million), 2020-2024
- Figure 33: Global Residential Induction Motor Market (in US$ Million), 2025-2034
- Figure 34: Global Induction Motor Market by Region (in %), 2024 & 2034
- Figure 35: Europe Induction Motor Market (in US$ Million), 2020-2024
- Figure 36: Europe Induction Motor Market (in US$ Million), 2025-2034
- Figure 37: Europe Induction Motor Market by Country (in %), 2024 & 2034
- Figure 38: Germany Induction Motor Market (in US$ Million), 2020-2034
- Figure 39: United Kingdom Induction Motor Market (in US$ Million), 2020-2034
- Figure 40: France Induction Motor Market (in US$ Million), 2020-2034
- Figure 41: Italy Induction Motor Market (in US$ Million), 2020-2034
- Figure 42: Spain Induction Motor Market (in US$ Million), 2020-2034
- Figure 43: Russia Induction Motor Market (in US$ Million), 2020-2034
- Figure 44: Netherlands Induction Motor Market (in US$ Million), 2020-2034
- Figure 45: North America Induction Motor Market (in US$ Million), 2020-2024
- Figure 46: North America Induction Motor Market (in US$ Million), 2025-2034
- Figure 47: North America Induction Motor Market by Country (in %), 2024 & 2034
- Figure 48: United States Induction Motor Market (in US$ Million), 2020-2034
- Figure 49: Canada Induction Motor Market (in US$ Million), 2020-2034
- Figure 50: Asia Pacific Induction Motor Market (in US$ Million), 2020-2024
- Figure 51: Asia Pacific Induction Motor Market (in US$ Million), 2025-2034
- Figure 52: Asia Pacific Induction Motor Market by Country (in %), 2024 & 2034
- Figure 53: China Induction Motor Market (in US$ Million), 2020-2034
- Figure 54: Japan Induction Motor Market (in US$ Million), 2020-2034
- Figure 55: India Induction Motor Market (in US$ Million), 2020-2034
- Figure 56: South Korea Induction Motor Market (in US$ Million), 2020-2034
- Figure 57: Australia Induction Motor Market (in US$ Million), 2020-2034
- Figure 58: Indonesia Induction Motor Market (in US$ Million), 2020-2034
- Figure 59: Latin America Induction Motor Market (in US$ Million), 2020-2024
- Figure 60: Latin America Induction Motor Market (in US$ Million), 2025-2034
- Figure 61: Latin America Induction Motor Market by Country (in %), 2024 & 2034
- Figure 62: Mexico Induction Motor Market (in US$ Million), 2020-2034
- Figure 63: Brazil Induction Motor Market (in US$ Million), 2020-2034
- Figure 64: Argentina Induction Motor Market (in US$ Million), 2020-2034
- Figure 65: Middle East & Africa Induction Motor Market (in US$ Million), 2020-2024
- Figure 66: Middle East & Africa Induction Motor Market (in US$ Million), 2025-2034
- Figure 67: Middle East & Africa Induction Motor Market by Country (in %), 2024 & 2034
- Figure 68: Saudi Arabia Induction Motor Market (in US$ Million), 2020-2034
- Figure 69: Turkey Induction Motor Market (in US$ Million), 2020-2034
- Figure 70: Iran Induction Motor Market (in US$ Million), 2020-2034
- Figure 71: Market Value Chain
- List of Tables
- Table 1: Global Induction Motor Market Portraiture
- Table 2: Global Induction Motor Market by Product Type (in US$ Million), 2024 & 2034
- Table 3: Global Induction Motor Market by Application (in US$ Million), 2024 & 2034
- Table 4: Global Induction Motor Market by End Use (in US$ Million), 2024 & 2034
- Table 5: Global Induction Motor Market by Region (in US$ Million), 2024 & 2034
- Table 6: Europe Induction Motor Market by Country (in US$ Million), 2024 & 2034
- Table 7: North America Induction Motor Market by Country (in US$ Million), 2024 & 2034
- Table 8: Asia Pacific Induction Motor Market by Country (in US$ Million), 2024 & 2034
- Table 9: Latin America Induction Motor Market by Country (in US$ Million), 2024 & 2034
- Table 10: Middle East & Africa Induction Motor Market by Country (in US$ Million), 2024 & 2034
- Table 11: List of Key Players
Research Assistance
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