Global Synchronous Motors Market Size Study & Forecast, by Mount Type (Horizontal Mounting Synchronous Motor, and Vertical Mounting Synchronous Motor), by Voltage Class (Medium Voltage, and Low Voltage), and Regional Forecasts 2025-2035

Description

The Global Synchronous Motors Market is valued at approximately USD 23.8 billion in 2024 and is poised to expand at a compound annual growth rate (CAGR) of over 4.19% during the forecast period from 2025 to 2035. Synchronous motors have emerged as indispensable components in a wide range of industrial applications, offering superior operational efficiency, consistent torque delivery, and enhanced power factor correction. These motors function in perfect synchronization with supply frequency, making them highly suitable for critical operations requiring speed stability and energy optimization. As global industries lean towards automated and energy-efficient systems, synchronous motors are increasingly being adopted in applications such as compressors, pumps, fans, and extruders across diverse sectors including oil & gas, mining, and chemicals.

Surging investments in modernizing industrial infrastructure and a growing inclination towards electrification of mechanical processes have accelerated the demand for synchronous motors globally. Notably, the oil & gas and petrochemical sectors are at the forefront, owing to the motors' ability to operate under extreme loads and varying pressure environments. Moreover, the expanding footprint of synchronous motors in the manufacturing and metals industries, driven by their long lifespan and low maintenance requirements, further solidifies their market appeal. With industries worldwide seeking to meet energy conservation norms and minimize lifecycle costs, the deployment of medium and low voltage synchronous motors is being widely embraced.

From a regional standpoint, North America commands a significant portion of the market share, propelled by robust industrial automation, stringent energy-efficiency mandates, and a strong presence of key manufacturers. The United States, with its advanced oil & gas infrastructure and commitment to decarbonization, continues to invest heavily in synchronous motor systems. Meanwhile, Asia Pacific is expected to witness the fastest market growth over the forecast period. Rapid industrialization in China, India, and Southeast Asia, along with government-backed infrastructure initiatives and the proliferation of smart manufacturing practices, are key catalysts. Europe, driven by sustainability goals and the adoption of Industry 4.0 technologies, is actively integrating synchronous motors in both heavy-duty and precision-engineered applications.

Major market players included in this report are:

ABB Ltd.
Siemens AG
General Electric Company
Nidec Corporation
WEG S.A.
Toshiba Corporation
Rockwell Automation, Inc.
Mitsubishi Electric Corporation
Regal Rexnord Corporation
Bosch Rexroth AG
Fuji Electric Co., Ltd.
Hitachi, Ltd.
Emerson Electric Co.
Bharat Heavy Electricals Limited (BHEL)
Leroy-Somer (Nidec Group)

Global Synchronous Motors 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 Mount Type:

Horizontal Mounting Synchronous Motor
Vertical Mounting Synchronous Motor

By Voltage Class:

Medium Voltage
Low Voltage

By Application:

Compressors
Pumps
Fans
Extruders
Mixers
Others

By End User:

Oil & Gas
Chemicals & Petrochemicals
Mining
Metals
Others

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 Synchronous Motors 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 Synchronous Motors Market Forces Analysis (2024-2035)

3.1. Market Forces Shaping The Global Synchronous Motors Market
3.2. Drivers
- 3.2.1. Rising demand for energy-efficient motor systems in industrial automation
- 3.2.2. Growth in oil & gas and petrochemical sectors leveraging synchronous motor capabilities
3.3. Restraints
- 3.3.1. High initial investment and installation complexity
- 3.3.2. Availability of low-cost asynchronous alternatives in small-scale applications
3.4. Opportunities
- 3.4.1. Increasing industrial electrification in emerging economies
- 3.4.2. Integration with Industry 4.0 and smart manufacturing systems

Chapter 4. Global Synchronous Motors 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 Synchronous Motors Market Size & Forecasts by Mount Type 2025-2035

5.1. Market Overview
5.2. Horizontal Mounting Synchronous Motor
- 5.2.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 5.2.2. Market Size Analysis, by Region, 2025-2035
5.3. Vertical Mounting Synchronous Motor
- 5.3.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 5.3.2. Market Size Analysis, by Region, 2025-2035

Chapter 6. Global Synchronous Motors Market Size & Forecasts by Voltage Class 2025-2035

6.1. Market Overview
6.2. Medium Voltage
- 6.2.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 6.2.2. Market Size Analysis, by Region, 2025-2035
6.3. Low Voltage
- 6.3.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 6.3.2. Market Size Analysis, by Region, 2025-2035

Chapter 7. Global Synchronous Motors Market Size & Forecasts by Application 2025-2035

7.1. Market Overview
7.2. Compressors
7.3. Pumps
7.4. Fans
7.5. Extruders
7.6. Mixers
7.7. Others

Chapter 8. Global Synchronous Motors Market Size & Forecasts by End User 2025-2035

8.1. Market Overview
8.2. Oil & Gas
8.3. Chemicals & Petrochemicals
8.4. Mining
8.5. Metals
8.6. Others

Chapter 9. Global Synchronous Motors Market Size & Forecasts by Region 2025-2035

9.1. Regional Market Snapshot
9.2. Top Leading & Emerging Countries
9.3. North America Synchronous Motors Market
- 9.3.1. U.S.
  - 9.3.1.1. Segment Breakdown Estimates & Forecasts, 2025-2035
- 9.3.2. Canada
  - 9.3.2.1. Segment Breakdown Estimates & Forecasts, 2025-2035
9.4. Europe Synchronous Motors Market
- 9.4.1. UK
  - 9.4.1.1. Segment Breakdown Estimates & Forecasts, 2025-2035
- 9.4.2. Germany
  - 9.4.2.1. Segment Breakdown Estimates & Forecasts, 2025-2035
- 9.4.3. France
  - 9.4.3.1. Segment Breakdown Estimates & Forecasts, 2025-2035
- 9.4.4. Spain
  - 9.4.4.1. Segment Breakdown Estimates & Forecasts, 2025-2035
- 9.4.5. Italy
  - 9.4.5.1. Segment Breakdown Estimates & Forecasts, 2025-2035
- 9.4.6. Rest of Europe
  - 9.4.6.1. Segment Breakdown Estimates & Forecasts, 2025-2035
9.5. Asia Pacific Synchronous Motors Market
- 9.5.1. China
  - 9.5.1.1. Segment Breakdown Estimates & Forecasts, 2025-2035
- 9.5.2. India
  - 9.5.2.1. Segment Breakdown Estimates & Forecasts, 2025-2035
- 9.5.3. Japan
  - 9.5.3.1. Segment Breakdown Estimates & Forecasts, 2025-2035
- 9.5.4. Australia
  - 9.5.4.1. Segment Breakdown Estimates & Forecasts, 2025-2035
- 9.5.5. South Korea
  - 9.5.5.1. Segment Breakdown Estimates & Forecasts, 2025-2035
- 9.5.6. Rest of Asia Pacific
  - 9.5.6.1. Segment Breakdown Estimates & Forecasts, 2025-2035
9.6. Latin America Synchronous Motors Market
- 9.6.1. Brazil
  - 9.6.1.1. Segment Breakdown Estimates & Forecasts, 2025-2035
- 9.6.2. Mexico
  - 9.6.2.1. Segment Breakdown Estimates & Forecasts, 2025-2035
9.7. Middle East & Africa Synchronous Motors Market
- 9.7.1. UAE
  - 9.7.1.1. Segment Breakdown Estimates & Forecasts, 2025-2035
- 9.7.2. Saudi Arabia
  - 9.7.2.1. Segment Breakdown Estimates & Forecasts, 2025-2035
- 9.7.3. South Africa
  - 9.7.3.1. Segment Breakdown Estimates & Forecasts, 2025-2035
- 9.7.4. Rest of Middle East & Africa
  - 9.7.4.1. Segment Breakdown Estimates & Forecasts, 2025-2035

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 S.A.
10.7. Toshiba Corporation
10.8. Rockwell Automation, Inc.
10.9. Mitsubishi Electric Corporation
10.10. Regal Rexnord Corporation
10.11. Bosch Rexroth AG
10.12. Fuji Electric Co., Ltd.
10.13. Hitachi, Ltd.
10.14. Emerson Electric Co.
10.15. Bharat Heavy Electricals Limited (BHEL)
10.16. Leroy-Somer (Nidec Group)