Global AC Electric Motor Sales in Oil & Gas Market Size Study & Forecast, by Type, by Application, by End Use, by Voltage Rating and Regional Forecasts 2025-2035

Description

The Global AC Electric Motor Sales in Oil & Gas Market is currently valued at approximately USD 30.78 billion in 2024 and is poised to register a steady compound annual growth rate (CAGR) of 3.88% during the forecast period from 2025 to 2035. The growing deployment of AC electric motors across various critical oil and gas operations-ranging from upstream drilling platforms to downstream refining infrastructure-has been pivotal in shaping this market. These motors are vital for ensuring optimal performance, reduced downtime, and heightened energy efficiency across mechanical systems like compressors, pumps, and fans that support the sector's operational backbone. Additionally, the transition from conventional combustion-based systems to more electric-driven infrastructure-fueled by rising sustainability mandates and electrification trends-has further accelerated the adoption of AC motors across the oil and gas supply chain.

Amid surging exploration and production activities in both mature and frontier oilfields, the demand for technologically sophisticated motors-capable of handling high torque under extreme conditions-has witnessed a significant uptick. Synchronous and asynchronous motors, with their robust torque-speed characteristics and lower maintenance requirements, are rapidly gaining preference across offshore and onshore installations. Moreover, the integration of smart sensors and real-time performance analytics into motor systems has allowed for predictive maintenance strategies, thereby minimizing equipment failure and enhancing operational lifespan. Meanwhile, the continued evolution of motor control systems and inverter technology is enabling operators to dynamically match energy consumption with varying load demands-leading to higher process efficiency and reduced operating costs.

Regionally, North America continues to lead the market, supported by its expansive shale gas operations, technological advancements, and increasing investments in digital oilfield initiatives. The United States, in particular, remains at the forefront owing to its deep-rooted energy infrastructure and robust oilfield service ecosystem. Europe is not far behind, with nations like Norway and the UK integrating electric drive systems in offshore platforms to reduce carbon emissions. On the other hand, the Asia Pacific region is projected to experience the fastest growth, driven by increasing energy consumption in industrializing economies such as China and India, where local oil and gas operators are investing heavily in electrification and digital motor systems. Meanwhile, the Middle East & Africa and Latin America are also ramping up their motor deployments in support of ongoing upstream expansions and regional refining capacity enhancements.

Major market players included in this report are:

ABB Ltd.
Siemens AG
General Electric Company
Nidec Corporation
WEG Industries
Toshiba Corporation
Hitachi, Ltd.
Regal Rexnord Corporation
TECO-Westinghouse Motor Company
Mitsubishi Electric Corporation
Rockwell Automation, Inc.
Schneider Electric SE
Bosch Rexroth AG
Emerson Electric Co.
Kirloskar Electric Company

Global AC Electric Motor Sales in Oil & Gas Market Report Scope:

Historical Data - 2023, 2024
Base Year for Estimation - 2024
Forecast period - 2025-2035
Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
Customization Scope - Free report customization (equivalent up to 8 analysts' working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values for the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within the countries involved in the study. The report also provides detailed information about crucial aspects, such as driving factors and challenges, which will define the future growth of the market. Additionally, it incorporates potential opportunities in micro-markets for stakeholders to invest, along with a detailed analysis of the competitive landscape and product offerings of key players.

The detailed segments and sub-segments of the market are explained below:

By Type:

Synchronous Motor
Asynchronous Motor
Universal Motor
Stepper Motor

By Application:

Industrial Machinery
HVAC Systems
Pumps
Fans and Blowers

By End Use:

Residential
Commercial
Industrial

By Voltage Rating:

Low Voltage
Medium Voltage
High Voltage

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
Rest of Europe
Asia Pacific
China
India
Japan
Australia
South Korea
Rest of Asia Pacific
Latin America
Brazil
Mexico
Middle East & Africa
UAE
Saudi Arabia
South Africa
Rest of Middle East & Africa

Key Takeaways:

Market Estimates & Forecast for 10 years from 2025 to 2035.
Annualized revenues and regional level analysis for each market segment.
Detailed analysis of geographical landscape with Country level analysis of major regions.
Competitive landscape with information on major players in the market.
Analysis of key business strategies and recommendations on future market approach.
Analysis of competitive structure of the market.
Demand side and supply side analysis of the market.

Chapter 1. Global AC Electric Motor Sales in Oil & Gas Market Report Scope & Methodology

1.1. Research Objective
1.2. Research Methodology
- 1.2.1. Forecast Model
- 1.2.2. Desk Research
- 1.2.3. Top Down and Bottom-Up Approach
1.3. Research Attributes
1.4. Scope of the Study
- 1.4.1. Market Definition
- 1.4.2. Market Segmentation
1.5. Research Assumption
- 1.5.1. Inclusion & Exclusion
- 1.5.2. Limitations
- 1.5.3. Years Considered for the Study

Chapter 2. Executive Summary

2.1. CEO/CXO Standpoint
2.2. Strategic Insights
2.3. ESG Analysis
2.4. Key Findings

Chapter 3. Global AC Electric Motor Sales in Oil & Gas Market Forces Analysis

3.1. Market Forces Shaping The Global AC Electric Motor Sales in Oil & Gas Market (2024-2035)
3.2. Drivers
- 3.2.1. Electrification across oil & gas infrastructure to reduce emissions and enhance operational efficiency
- 3.2.2. Advancements in motor control systems and real-time analytics integration
3.3. Restraints
- 3.3.1. High initial cost of installation and maintenance of advanced electric motor systems
- 3.3.2. Dependence on skilled labor and complex system integration
3.4. Opportunities
- 3.4.1. Growing digital oilfield projects and automation in upstream and midstream sectors
- 3.4.2. Rising investments in smart motors and predictive maintenance technologies

Chapter 4. Global AC Electric Motor Sales in Oil & Gas Industry Analysis

4.1. Porter's 5 Forces Model
- 4.1.1. Bargaining Power of Buyer
- 4.1.2. Bargaining Power of Supplier
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Porter's 5 Force Forecast Model (2024-2035)
4.3. PESTEL Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
4.4. Top Investment Opportunities
4.5. Top Winning Strategies (2025)
4.6. Market Share Analysis (2024-2025)
4.7. Global Pricing Analysis and Trends 2025
4.8. Analyst Recommendation & Conclusion

Chapter 5. Global AC Electric Motor Sales in Oil & Gas Market Size & Forecasts by Type 2025-2035

5.1. Market Overview
5.2. Global AC Electric Motor Sales Market Performance - Potential Analysis (2025)
5.3. Synchronous Motor
- 5.3.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 5.3.2. Market Size Analysis, by Region, 2025-2035
5.4. Asynchronous Motor
- 5.4.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 5.4.2. Market Size Analysis, by Region, 2025-2035
5.5. Universal Motor
- 5.5.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 5.5.2. Market Size Analysis, by Region, 2025-2035
5.6. Stepper Motor
- 5.6.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 5.6.2. Market Size Analysis, by Region, 2025-2035

Chapter 6. Global AC Electric Motor Sales in Oil & Gas Market Size & Forecasts by Application 2025-2035

6.1. Market Overview
6.2. Global AC Electric Motor Sales Market Performance - Potential Analysis (2025)
6.3. Industrial Machinery
- 6.3.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 6.3.2. Market Size Analysis, by Region, 2025-2035
6.4. HVAC Systems
- 6.4.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 6.4.2. Market Size Analysis, by Region, 2025-2035
6.5. Pumps
- 6.5.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 6.5.2. Market Size Analysis, by Region, 2025-2035
6.6. Fans and Blowers
- 6.6.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 6.6.2. Market Size Analysis, by Region, 2025-2035

Chapter 7. Global AC Electric Motor Sales in Oil & Gas Market Size & Forecasts by End Use 2025-2035

7.1. Residential
7.2. Commercial
7.3. Industrial

Chapter 8. Global AC Electric Motor Sales in Oil & Gas Market Size & Forecasts by Voltage Rating 2025-2035

8.1. Low Voltage
8.2. Medium Voltage
8.3. High Voltage

Chapter 9. Global AC Electric Motor Sales in Oil & Gas Market Size & Forecasts by Region 2025-2035

9.1. Regional Market Snapshot
9.2. Top Leading & Emerging Countries
9.3. North America
- 9.3.1. U.S.
  - 9.3.1.1. Type Breakdown
  - 9.3.1.2. Application Breakdown
- 9.3.2. Canada
  - 9.3.2.1. Type Breakdown
  - 9.3.2.2. Application Breakdown
9.4. Europe
- 9.4.1. UK
  - 9.4.1.1. Type Breakdown
  - 9.4.1.2. Application Breakdown
- 9.4.2. Germany
  - 9.4.2.1. Type Breakdown
  - 9.4.2.2. Application Breakdown
- 9.4.3. France
  - 9.4.3.1. Type Breakdown
  - 9.4.3.2. Application Breakdown
- 9.4.4. Spain
  - 9.4.4.1. Type Breakdown
  - 9.4.4.2. Application Breakdown
- 9.4.5. Italy
  - 9.4.5.1. Type Breakdown
  - 9.4.5.2. Application Breakdown
- 9.4.6. Rest of Europe
  - 9.4.6.1. Type Breakdown
  - 9.4.6.2. Application Breakdown
9.5. Asia Pacific
- 9.5.1. China
  - 9.5.1.1. Type Breakdown
  - 9.5.1.2. Application Breakdown
- 9.5.2. India
  - 9.5.2.1. Type Breakdown
  - 9.5.2.2. Application Breakdown
- 9.5.3. Japan
  - 9.5.3.1. Type Breakdown
  - 9.5.3.2. Application Breakdown
- 9.5.4. Australia
  - 9.5.4.1. Type Breakdown
  - 9.5.4.2. Application Breakdown
- 9.5.5. South Korea
  - 9.5.5.1. Type Breakdown
  - 9.5.5.2. Application Breakdown
- 9.5.6. Rest of Asia Pacific
  - 9.5.6.1. Type Breakdown
  - 9.5.6.2. Application Breakdown
9.6. Latin America
- 9.6.1. Brazil
  - 9.6.1.1. Type Breakdown
  - 9.6.1.2. Application Breakdown
- 9.6.2. Mexico
  - 9.6.2.1. Type Breakdown
  - 9.6.2.2. Application Breakdown
9.7. Middle East & Africa
- 9.7.1. UAE
  - 9.7.1.1. Type Breakdown
  - 9.7.1.2. Application Breakdown
- 9.7.2. Saudi Arabia
  - 9.7.2.1. Type Breakdown
  - 9.7.2.2. Application Breakdown
- 9.7.3. South Africa
  - 9.7.3.1. Type Breakdown
  - 9.7.3.2. Application Breakdown
- 9.7.4. Rest of Middle East & Africa

Chapter 10. Competitive Intelligence

10.1. Top Market Strategies
10.2. ABB Ltd.
- 10.2.1. Company Overview
- 10.2.2. Key Executives
- 10.2.3. Company Snapshot
- 10.2.4. Financial Performance (Subject to Data Availability)
- 10.2.5. Product/Services Port
- 10.2.6. Recent Development
- 10.2.7. Market Strategies
- 10.2.8. SWOT Analysis
10.3. Siemens AG
10.4. General Electric Company
10.5. Nidec Corporation
10.6. WEG Industries
10.7. Toshiba Corporation
10.8. Hitachi, Ltd.
10.9. Regal Rexnord Corporation
10.10. TECO-Westinghouse Motor Company
10.11. Mitsubishi Electric Corporation
10.12. Rockwell Automation, Inc.
10.13. Schneider Electric SE
10.14. Bosch Rexroth AG
10.15. Emerson Electric Co.
10.16. Kirloskar Electric Company