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PUBLISHER: Fortune Business Insights Pvt. Ltd. | PRODUCT CODE: 1933199

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PUBLISHER: Fortune Business Insights Pvt. Ltd. | PRODUCT CODE: 1933199

Electric Motor Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2026-2034

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Growth Factors of electric motor Market

The global electric motor market is witnessing strong and sustained growth, driven by rapid industrial automation, rising adoption of electric vehicles (EVs), increasing demand for energy-efficient solutions, and expanding infrastructure development worldwide. According to the report, the electric motor market was valued at USD 79.45 billion in 2025 and is projected to grow to USD 85.31 billion in 2026. By 2034, the market is expected to reach USD 163.82 billion, registering a robust CAGR of 9.77% during the forecast period.

Electric motors are critical components across multiple industries, including manufacturing, HVAC, oil & gas, chemicals, power generation, transportation, and consumer appliances. Governments across the globe are enforcing stricter energy-efficiency regulations and carbon emission standards, pushing industries to shift toward IE3, IE4, and IE5 premium efficiency motors. The rising penetration of renewable energy systems, such as wind turbines and solar trackers, is also increasing the demand for specialized motor solutions.

Market Dynamics

Market Drivers

One of the most significant growth drivers is the rapid expansion of electric vehicles. Every electric vehicle relies on advanced traction motors, including induction motors, BLDC motors, and permanent magnet synchronous motors. Growing EV sales, supported by government incentives and emission regulations, directly boost demand for electric motors.

Additionally, industrial automation, robotics, HVAC systems, and infrastructure projects are fueling market growth. In September 2025, ABB India launched IE5 ultra-premium motors and announced an investment of USD 15.80 million to modernize its low-voltage motor manufacturing facility, highlighting the industry's shift toward high-efficiency technologies.

Market Restraints

Despite strong growth, the high initial cost of premium-efficiency motors acts as a restraint. Motors with IE3, IE4, and IE5 ratings require high-grade copper, advanced insulation systems, and precision manufacturing, making them expensive. This cost barrier limits adoption among small and medium-sized enterprises.

Market Opportunities

The rapid growth of HVAC systems and building infrastructure presents major opportunities. Urbanization, smart city development, data centers, metro stations, and commercial complexes require extensive motor-driven systems for cooling, ventilation, and water circulation. In July 2025, Nidec Corporation adopted Siemens' Teamcenter X software to enhance motor design and supply efficiency, strengthening innovation in the automotive and HVAC sectors.

Market Trends

A key trend shaping the market is the rising demand for Brushless DC (BLDC) motors. BLDC motors offer higher efficiency, compact design, low maintenance, and longer lifespan compared to traditional brushed motors. These motors are increasingly used in electric vehicles, robotics, industrial automation, home appliances, and HVAC systems. In December 2022, Nidec developed a low-cost BLDC motor for electric fans, signaling a shift away from conventional AC motors.

Market Challenges

The electric motor market faces challenges from fluctuating raw material prices, particularly copper, aluminum, steel, and rare-earth elements. Price volatility directly impacts production costs and profit margins, making manufacturers cautious about large-scale investments.

Segmentation Analysis

  • By Motor Type:

The low-voltage (up to 1 kV) segment dominates with a 44.60% market share in 2026, driven by extensive use in household appliances, HVAC systems, pumps, fans, and industrial machinery.

  • By Speed:

The regular speed (up to 3000 rpm) segment leads with 83.69% share in 2026, as it is widely used in pumps, fans, compressors, and conveyors.

  • By Power Rating:

The up to 100 kW segment dominates with 48.90% share in 2026, due to its flexibility and widespread industrial applications.

  • By Application:

Industrial machinery leads the market with a 57.19% share in 2026, supported by heavy usage in manufacturing, chemicals, oil & gas, mining, and automotive industries.

Regional Outlook

Asia Pacific dominated the electric motor market in 2025 with USD 35.27 billion and continued leadership in 2026 with USD 38.20 billion, driven by rapid industrialization in China, India, and Japan. China alone is projected to reach USD 21.43 billion by 2026.

North America is expected to reach USD 19.26 billion by 2026, supported by automation and energy-efficiency regulations. Europe follows closely, projected to reach USD 14.57 billion by 2026, driven by strict EU energy standards.

Competitive Landscape

Key players include ABB, Siemens, WEG, Nidec, Mitsubishi Electric, Toshiba, Regal Rexnord, and Bosch Rexroth. Companies are actively pursuing acquisitions, partnerships, and product innovations to strengthen their global presence and expand high-efficiency motor portfolios.

Conclusion

The global electric motor market, valued at USD 79.45 billion in 2025, is set for strong expansion, reaching USD 163.82 billion by 2034. Growth is driven by electric vehicle adoption, industrial automation, energy-efficient technologies, and infrastructure development. While high initial costs and raw material price fluctuations pose challenges, continuous innovation and supportive government policies will ensure sustained market growth in the coming years.

Attributes Details

Segmentation By Motor Type, By Speed, By Power Rating, By Application, and Region

By Motor Type * Low Voltage (Up to 1 kV)

  • Medium Voltage (1 kV-6.6 kV)
  • High Voltage (Above 6.6 kV)

By Speed * Regular Speed (Up to 3000 rpm)

  • High Speed (Above 3,000 rpm)

By Power Rating * Upto 100 kW

  • 100 to 500 kW
  • 500 to 1000 rpm
  • 1000 to 1500 rpm
  • 1500 to 2500 rpm
  • 2500 to 3500 rpm
  • 3500 to 4500 rpm
  • 4500 to 5500 rpm
  • 5500 to 10,000 rpm
  • 10,000 to 20,000 rpm
  • 20,000 to 30,000 rpm

By Application * Industry Machinery

  • Power Generation
  • Oil and Gas
  • Petrochemicals
  • Chemicals

By Region * North America (By Motor Type, By Speed, By Power Rating, By Application, and Country)

    • U.S.
    • Canada
  • Europe (By Motor Type, By Speed, By Power Rating, By Application, and Country)
    • U.K.
    • Germany
    • France
    • Italy
    • Spain
    • Russia
    • Rest of Europe
  • Asia Pacific (By Motor Type, By Speed, By Power Rating, By Application, and Country)
    • China
    • India
    • Japan
    • Australia
    • Rest of Asia Pacific
  • Latin America (By Motor Type, By Speed, By Power Rating, By Application, and Country)
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa (By Motor Type, By Speed, By Power Rating, By Application, and Country)
    • GCC
    • South Africa
    • Rest of the Middle East & Africa
Product Code: FBI100752

Table of Content

1. Introduction

  • 1.1. Research Scope
  • 1.2. Market Segmentation
  • 1.3. Research Methodology
  • 1.4. Definitions & Assumptions

2. Executive Summary

3. Market Dynamics

  • 3.1. Market Drivers
  • 3.2. Market Restraints
  • 3.3. Market Opportunities

4. Key Insights

  • 4.1. Key Emerging Trends - For Major Countries
  • 4.2. Latest Technological Advancement
  • 4.3. Insight on Regulatory Landscape
  • 4.4. Porters Five Forces Analysis
  • 4.5. Impact of Tariffs on the Electric Motor Market

5. Global Electric Motor Market (USD Million) Analysis, Insights, and Forecast, 2021-2034

  • 5.1. Key Findings
  • 5.2. Market Analysis, Insights, and Forecast - By Motor Type
    • 5.2.1. Low Voltage (Up to 1kV)
    • 5.2.2. Medium Voltage (1kV - 6.6kV)
    • 5.2.3. High Voltage (Above 6.6kV)
  • 5.3. Market Analysis, Insights, and Forecast - By Speed
    • 5.3.1. Regular Speed (Up to 3000 rpm)
    • 5.3.2. High Speed (Above 3000 rpm)
  • 5.4. Market Analysis, Insights, and Forecast - By Power Rating
    • 5.4.1. Upto 100 KW
    • 5.4.2. 100 to 500 KW
    • 5.4.3. 500 to 1000 KW
    • 5.4.4. 1000 to 1500 KW
    • 5.4.5. 1500 to 2500 KW
    • 5.4.6. 2500 to 3500 KW
    • 5.4.7. 3500 to 4500 KW
    • 5.4.8. 4500 to 5500 KW
    • 5.4.9. 5,500-10,000 KW
    • 5.4.10. 10,000-20,000 KW
    • 5.4.11. 20,000-30,000 KW
  • 5.5. Market Analysis, Insights, and Forecast - By Application
    • 5.5.1. Industry Machinery
    • 5.5.2. Power Generation
    • 5.5.3. Oil & Gas
    • 5.5.4. Petrochemicals
    • 5.5.5. Chemicals
  • 5.6. Market Analysis, Insights, and Forecast - By Region
    • 5.6.1. North America
    • 5.6.2. Europe
    • 5.6.3. Asia Pacific
    • 5.6.4. Latin America
    • 5.6.5. Middle East and Africa

6. North America Electric Motor Market (USD Million) Analysis, Insights, and Forecast, 2021-2034

  • 6.1. Key Findings
  • 6.2. Market Analysis, Insights, and Forecast - By Motor Type
    • 6.2.1. Low Voltage (Up to 1kV)
    • 6.2.2. Medium Voltage (1kV - 6.6kV)
    • 6.2.3. High Voltage (Above 6.6kV)
  • 6.3. Market Analysis, Insights, and Forecast - By Speed
    • 6.3.1. Regular Speed (Up to 3000 rpm)
    • 6.3.2. High Speed (Above 3000 rpm)
  • 6.4. Market Analysis, Insights, and Forecast - By Power Rating
    • 6.4.1. Upto 100 KW
    • 6.4.2. 100 to 500 KW
    • 6.4.3. 500 to 1000 KW
    • 6.4.4. 1000 to 1500 KW
    • 6.4.5. 1500 to 2500 KW
    • 6.4.6. 2500 to 3500 KW
    • 6.4.7. 3500 to 4500 KW
    • 6.4.8. 4500 to 5500 KW
    • 6.4.9. 5,500-10,000 KW
    • 6.4.10. 10,000-20,000 KW
    • 6.4.11. 20,000-30,000 KW
  • 6.5. Market Analysis, Insights, and Forecast - By Application
    • 6.5.1. Industry Machinery
    • 6.5.2. Power Generation
    • 6.5.3. Oil & Gas
    • 6.5.4. Petrochemicals
    • 6.5.5. Chemicals
  • 6.6. Market Analysis, Insights, and Forecast - By Country
    • 6.6.1. U.S.
    • 6.6.2. Canada

7. Europe Electric Motor Market (USD Million) Analysis, Insights, and Forecast, 2021-2034

  • 7.1. Key Findings
  • 7.2. Market Analysis, Insights, and Forecast - By Motor Type
    • 7.2.1. Low Voltage (Up to 1kV)
    • 7.2.2. Medium Voltage (1kV - 6.6kV)
    • 7.2.3. High Voltage (Above 6.6kV)
  • 7.3. Market Analysis, Insights, and Forecast - By Speed
    • 7.3.1. Regular Speed (Up to 3000 rpm)
    • 7.3.2. High Speed (Above 3000 rpm)
  • 7.4. Market Analysis, Insights, and Forecast - By Power Rating
    • 7.4.1. Upto 100 KW
    • 7.4.2. 100 to 500 KW
    • 7.4.3. 500 to 1000 KW
    • 7.4.4. 1000 to 1500 KW
    • 7.4.5. 1500 to 2500 KW
    • 7.4.6. 2500 to 3500 KW
    • 7.4.7. 3500 to 4500 KW
    • 7.4.8. 4500 to 5500 KW
    • 7.4.9. 5,500-10,000 KW
    • 7.4.10. 10,000-20,000 KW
    • 7.4.11. 20,000-30,000 KW
  • 7.5. Market Analysis, Insights, and Forecast - By Application
    • 7.5.1. Industry Machinery
    • 7.5.2. Power Generation
    • 7.5.3. Oil & Gas
    • 7.5.4. Petrochemicals
    • 7.5.5. Chemicals
  • 7.6. Market Analysis, Insights, and Forecast - By Country
    • 7.6.1. Germany
    • 7.6.2. UK
    • 7.6.3. France
    • 7.6.4. Italy
    • 7.6.5. Spain
    • 7.6.6. Russia
    • 7.6.7. Rest of Europe

8. Asia Pacific Electric Motor Market (USD Million) Analysis, Insights, and Forecast, 2021-2034

  • 8.1. Key Findings
  • 8.2. Market Analysis, Insights, and Forecast - By Motor Type
    • 8.2.1. Low Voltage (Up to 1kV)
    • 8.2.2. Medium Voltage (1kV - 6.6kV)
    • 8.2.3. High Voltage (Above 6.6kV)
  • 8.3. Market Analysis, Insights, and Forecast - By Speed
    • 8.3.1. Regular Speed (Up to 3000 rpm)
    • 8.3.2. High Speed (Above 3000 rpm)
  • 8.4. Market Analysis, Insights, and Forecast - By Power Rating
    • 8.4.1. Upto 100 KW
    • 8.4.2. 100 to 500 KW
    • 8.4.3. 500 to 1000 KW
    • 8.4.4. 1000 to 1500 KW
    • 8.4.5. 1500 to 2500 KW
    • 8.4.6. 2500 to 3500 KW
    • 8.4.7. 3500 to 4500 KW
    • 8.4.8. 4500 to 5500 KW
    • 8.4.9. 5,500-10,000 KW
    • 8.4.10. 10,000-20,000 KW
    • 8.4.11. 20,000-30,000 KW
  • 8.5. Market Analysis, Insights, and Forecast - By Application
    • 8.5.1. Industry Machinery
    • 8.5.2. Power Generation
    • 8.5.3. Oil & Gas
    • 8.5.4. Petrochemicals
    • 8.5.5. Chemicals
  • 8.6. Market Analysis, Insights, and Forecast - By Country
    • 8.6.1. China
    • 8.6.2. Japan
    • 8.6.3. India
    • 8.6.4. Australia
    • 8.6.5. Rest of Asia-Pacific

9. Latin America Electric Motor Market (USD Million) Analysis, Insights, and Forecast, 2021-2034

  • 9.1. Key Findings
  • 9.2. Market Analysis, Insights, and Forecast - By Motor Type
    • 9.2.1. Low Voltage (Up to 1kV)
    • 9.2.2. Medium Voltage (1kV - 6.6kV)
    • 9.2.3. High Voltage (Above 6.6kV)
  • 9.3. Market Analysis, Insights, and Forecast - By Speed
    • 9.3.1. Regular Speed (Up to 3000 rpm)
    • 9.3.2. High Speed (Above 3000 rpm)
  • 9.4. Market Analysis, Insights, and Forecast - By Power Rating
    • 9.4.1. Upto 100 KW
    • 9.4.2. 100 to 500 KW
    • 9.4.3. 500 to 1000 KW
    • 9.4.4. 1000 to 1500 KW
    • 9.4.5. 1500 to 2500 KW
    • 9.4.6. 2500 to 3500 KW
    • 9.4.7. 3500 to 4500 KW
    • 9.4.8. 4500 to 5500 KW
    • 9.4.9. 5,500-10,000 KW
    • 9.4.10. 10,000-20,000 KW
    • 9.4.11. 20,000-30,000 KW
  • 9.5. Market Analysis, Insights, and Forecast - By Application
    • 9.5.1. Industry Machinery
    • 9.5.2. Power Generation
    • 9.5.3. Oil & Gas
    • 9.5.4. Petrochemicals
    • 9.5.5. Chemicals
  • 9.6. Market Analysis, Insights, and Forecast - By Country
    • 9.6.1. Brazil
    • 9.6.2. Mexico
    • 9.6.3. Rest of Latin America

10. Middle East and Africa Electric Motor Market (USD Million) Analysis, Insights, and Forecast, 2021-2034

  • 10.1. Key Findings
  • 10.2. Market Analysis, Insights, and Forecast - By Motor Type
    • 10.2.1. Low Voltage (Up to 1kV)
    • 10.2.2. Medium Voltage (1kV - 6.6kV)
    • 10.2.3. High Voltage (Above 6.6kV)
  • 10.3. Market Analysis, Insights, and Forecast - By Speed
    • 10.3.1. Regular Speed (Up to 3000 rpm)
    • 10.3.2. High Speed (Above 3000 rpm)
  • 10.4. Market Analysis, Insights, and Forecast - By Power Rating
    • 10.4.1. Upto 100 KW
    • 10.4.2. 100 to 500 KW
    • 10.4.3. 500 to 1000 KW
    • 10.4.4. 1000 to 1500 KW
    • 10.4.5. 1500 to 2500 KW
    • 10.4.6. 2500 to 3500 KW
    • 10.4.7. 3500 to 4500 KW
    • 10.4.8. 4500 to 5500 KW
    • 10.4.9. 5,500-10,000 KW
    • 10.4.10. 10,000-20,000 KW
    • 10.4.11. 20,000-30,000 KW
  • 10.5. Market Analysis, Insights, and Forecast - By Application
    • 10.5.1. Industry Machinery
    • 10.5.2. Power Generation
    • 10.5.3. Oil & Gas
    • 10.5.4. Petrochemicals
    • 10.5.5. Chemicals
  • 10.6. Market Analysis, Insights, and Forecast - By Country
    • 10.6.1. GCC
    • 10.6.2. South Africa
    • 10.6.3. Rest of MEA

11. Competitive Analysis

  • 11.1. Company Market Share Analysis, 2025
  • 11.2. Company Profile
    • 11.2.1. ABB Ltd.
      • 11.2.1.1. Business Overview
      • 11.2.1.2. Product and Service Offerings
      • 11.2.1.3. Recent Developments
      • 11.2.1.4. Financials (Based on Availability)
    • Siemens AG
    • 12.1. WEG S.A.
    • 12.1.1. Nidec Corporation
    • 12.1.2. Regal Rexnord Corporation
    • 12.1.3. Mitsubishi Electric Corporation
    • 12.1.4. Toshiba Corporation
    • 12.1.5. Hitachi Industrial Equipment Systems
    • 12.1.6. TECO Electric & Machinery Co., Ltd.
    • 12.1.7. Johnson Electric Holdings Ltd.
    • 12.1.8. Bosch Rexroth AG
    • 12.1.9. Brook Crompton
    • 12.1.10. SEW-EURODRIVE GmbH & Co KG
    • 12.1.11. Hyundai Electric & Energy Systems Co., Ltd.
Product Code: FBI100752

List of Tables

  • Table 1: Global Electric Motor Market Revenue (USD Billion) Forecast, By Motor Type, 2021-2034
  • Table 2: Global Electric Motor Market Revenue (USD Billion) Forecast, By Speed, 2021-2034
  • Table 3: Global Electric Motor Market Revenue (USD Billion) Forecast, By Power Rating, 2021-2034
  • Table 4: Global Electric Motor Market Revenue (USD Billion) Forecast, By Application, 2021-2034
  • Table 5: Global Electric Motor Market Revenue (USD Billion) Forecast, By Region, 2021-2034
  • Table 6: North America Electric Motor Market Revenue (USD Billion) Forecast, By Motor Type, 2021-2034
  • Table 7: North America Electric Motor Market Revenue (USD Billion) Forecast, By Speed, 2021-2034
  • Table 8: North America Electric Motor Market Revenue (USD Billion) Forecast, By Power Rating, 2021-2034
  • Table 9: North America Electric Motor Market Revenue (USD Billion) Forecast, By Application, 2021-2034
  • Table 10: North America Electric Motor Market Revenue (USD Billion) Forecast, By Country, 2021-2034
  • Table 11: U.S. Electric Motor Market Revenue (USD Billion) Forecast, 2021-2034
  • Table 12: Canada Electric Motor Market Revenue (USD Billion) Forecast, 2021-2034
  • Table 13: Europe Electric Motor Market Revenue (USD Billion) Forecast, By Motor Type, 2021-2034
  • Table 14: Europe Electric Motor Market Revenue (USD Billion) Forecast, By Speed, 2021-2034
  • Table 15: Europe Electric Motor Market Revenue (USD Billion) Forecast, By Power Rating, 2021-2034
  • Table 16: Europe Electric Motor Market Revenue (USD Billion) Forecast, By Application, 2021-2034
  • Table 17: Europe Electric Motor Market Revenue (USD Billion) Forecast, By Country, 2021-2034
  • Table 18: Germany Electric Motor Market Revenue (USD Billion) Forecast, 2021-2034
  • Table 19: U.K. Electric Motor Market Revenue (USD Billion) Forecast, 2021-2034
  • Table 20: France Electric Motor Market Revenue (USD Billion) Forecast, 2021-2034
  • Table 21: Italy Electric Motor Market Revenue (USD Billion) Forecast, 2021-2034
  • Table 22: Spain Electric Motor Market Revenue (USD Billion) Forecast, 2021-2034
  • Table 23: Russia Electric Motor Market Revenue (USD Billion) Forecast, 2021-2034
  • Table 24: Rest of Europe Electric Motor Market Revenue (USD Billion) Forecast, 2021-2034
  • Table 25: Asia Pacific Electric Motor Market Revenue (USD Billion) Forecast, By Motor Type, 2021-2034
  • Table 26: Asia Pacific Electric Motor Market Revenue (USD Billion) Forecast, By Speed, 2021-2034
  • Table 27: Asia Pacific Electric Motor Market Revenue (USD Billion) Forecast, By Power Rating, 2021-2034
  • Table 28: Asia Pacific Electric Motor Market Revenue (USD Billion) Forecast, By Application, 2021-2034
  • Table 29: Asia Pacific Electric Motor Market Revenue (USD Billion) Forecast, By Country, 2021-2034
  • Table 30: China Electric Motor Market Revenue (USD Billion) Forecast, 2021-2034
  • Table 31: Japan Electric Motor Market Revenue (USD Billion) Forecast, 2021-2034
  • Table 32: India Electric Motor Market Revenue (USD Billion) Forecast, 2021-2034
  • Table 33: Australia Electric Motor Market Revenue (USD Billion) Forecast, 2021-2034
  • Table 34: Rest of Asia Pacific Electric Motor Market Revenue (USD Billion) Forecast, 2021-2034
  • Table 35: Latin America Electric Motor Market Revenue (USD Billion) Forecast, By Motor Type, 2021-2034
  • Table 36: Latin America Electric Motor Market Revenue (USD Billion) Forecast, By Speed, 2021-2034
  • Table 37: Latin America Electric Motor Market Revenue (USD Billion) Forecast, By Power Rating, 2021-2034
  • Table 38: Latin America Electric Motor Market Revenue (USD Billion) Forecast, By Application, 2021-2034
  • Table 39: Latin America Electric Motor Market Revenue (USD Billion) Forecast, By Country, 2021-2034
  • Table 40: Brazil Electric Motor Market Revenue (USD Billion) Forecast, 2021-2034
  • Table 41: Mexico Electric Motor Market Revenue (USD Billion) Forecast, 2021-2034
  • Table 42: Rest of Latin America Electric Motor Market Revenue (USD Billion) Forecast, 2021-2034
  • Table 43: Middle East and Africa Electric Motor Market Revenue (USD Billion) Forecast, By Motor Type, 2021-2034
  • Table 44: Middle East and Africa Electric Motor Market Revenue (USD Billion) Forecast, By Speed, 2021-2034
  • Table 45: Middle East and Africa Electric Motor Market Revenue (USD Billion) Forecast, By Power Rating, 2021-2034
  • Table 46: Middle East and Africa Electric Motor Market Revenue (USD Billion) Forecast, By Application, 2021-2034
  • Table 47: Middle East and Africa Electric Motor Market Revenue (USD Billion) Forecast, By Country, 2021-2034
  • Table 48: Brazil Electric Motor Market Revenue (USD Billion) Forecast, 2021-2034
  • Table 49: Mexico Electric Motor Market Revenue (USD Billion) Forecast, 2021-2034
  • Table 50: Rest of Middle East and Africa Electric Motor Market Revenue (USD Billion) Forecast, 2021-2034

List of Figures

  • Figure 1: Global Electric Motor Market Revenue Breakdown (USD Billion, %) by Region, 2025 & 2034
  • Figure 2: Global Electric Motor Market Value Share (%), By Motor Type, 2025 & 2034
  • Figure 3: Global Electric Motor Market Forecast (USD Billion), by Low Voltage (Up to 1kV), 2021-2034
  • Figure 4: Global Electric Motor Market Forecast (USD Billion), by Medium Voltage (1kV - 6.6kV), 2021-2034
  • Figure 5: Global Electric Motor Market Forecast (USD Billion), by High Voltage (Above 6.6kV), 2021-2034
  • Figure 6: Global Electric Motor Market Value Share (%), By Speed, 2025 & 2034
  • Figure 7: Global Electric Motor Market Forecast (USD Billion), by Regular Speed (Up to 3000 rpm)r, 2021-2034
  • Figure 8: Global Electric Motor Market Forecast (USD Billion), by High Speed (Above 3000 rpm), 2021-2034
  • Figure 9: Global Electric Motor Market Value Share (%), By Power Rating, 2025 & 2034
  • Figure 10: Global Electric Motor Market Forecast (USD Billion), by Upto 100 KW, 2021-2034
  • Figure 11: Global Electric Motor Market Forecast (USD Billion), by 100 to 500 KW, 2021-2034
  • Figure 12: Global Electric Motor Market Forecast (USD Billion), by 500 to 1000 KW, 2021-2034
  • Figure 13: Global Electric Motor Market Forecast (USD Billion), by 1000 to 1500 KW, 2021-2034
  • Figure 14: Global Electric Motor Market Forecast (USD Billion), by 1500 to 2500 KW, 2021-2034
  • Figure 15: Global Electric Motor Market Forecast (USD Billion), by 2500 to 3500 KW, 2021-2034
  • Figure 16: Global Electric Motor Market Forecast (USD Billion), by 3500 to 4500 KW, 2021-2034
  • Figure 17: Global Electric Motor Market Forecast (USD Billion), by 4500 to 5500 KW, 2021-2034
  • Figure 18: Global Electric Motor Market Forecast (USD Billion), by 5,500-10,000 KW, 2021-2034
  • Figure 19: Global Electric Motor Market Forecast (USD Billion), by 10,000-20,000 KW, 2021-2034
  • Figure 20: Global Electric Motor Market Forecast (USD Billion), by 20,000-30,000 KW, 2021-2034
  • Figure 21: Global Electric Motor Market Value Share (%), By Application, 2025 & 2034
  • Figure 22: Global Electric Motor Market Forecast (USD Billion), by Industry Machinery, 2021-2034
  • Figure 23: Global Electric Motor Market Forecast (USD Billion), by Power Generation, 2021-2034
  • Figure 24: Global Electric Motor Market Forecast (USD Billion), by Oil and Gas, 2021-2034
  • Figure 25: Global Electric Motor Market Forecast (USD Billion), by Petrochemicals, 2021-2034
  • Figure 26: Global Electric Motor Market Forecast (USD Billion), by Chemicals, 2021-2034
  • Figure 27: Global Electric Motor Market Value (USD Billion), by Region, 2021 & 2034
  • Figure 28: Global Electric Motor Market Value Share (%), by Region, 2025
  • Figure 29: North America Electric Motor Market Value Share (%), By Motor Type, 2025 & 2034
  • Figure 30: North America Electric Motor Market Forecast (USD Billion), by Low Voltage (Up to 1kV), 2021-2034
  • Figure 31: North America Electric Motor Market Forecast (USD Billion), by Medium Voltage (1kV - 6.6kV), 2021-2034
  • Figure 32: North America Electric Motor Market Forecast (USD Billion), by High Voltage (Above 6.6kV), 2021-2034
  • Figure 33: North America Electric Motor Market Value Share (%), By Speed, 2025 & 2034
  • Figure 34: North America Electric Motor Market Forecast (USD Billion), by Regular Speed (Up to 3000 rpm), 2021-2034
  • Figure 35: North America Electric Motor Market Forecast (USD Billion), by High Speed (Above 3000 rpm), 2021-2034
  • Figure 36: North America Electric Motor Market Value Share (%), By Power Rating, 2025 & 2034
  • Figure 37: North America Electric Motor Market Forecast (USD Billion), by Upto 100 KW, 2021-2034
  • Figure 38: North America Electric Motor Market Forecast (USD Billion), by 100 to 500 KW, 2021-2034
  • Figure 39: North America Electric Motor Market Forecast (USD Billion), by 500 to 1000 KW, 2021-2034
  • Figure 40: North America Electric Motor Market Forecast (USD Billion), by 1000 to 1500 KW, 2021-2034
  • Figure 41: North America Electric Motor Market Forecast (USD Billion), by 1500 to 2500 KW, 2021-2034
  • Figure 42: North America Electric Motor Market Forecast (USD Billion), by 2500 to 3500 KW, 2021-2034
  • Figure 43: North America Electric Motor Market Forecast (USD Billion), by 3500 to 4500 KW, 2021-2034
  • Figure 44: North America Electric Motor Market Forecast (USD Billion), by 4500 to 5500 KW, 2021-2034
  • Figure 45: North America Electric Motor Market Forecast (USD Billion), by 5,500-10,000 KW, 2021-2034
  • Figure 46: North America Electric Motor Market Forecast (USD Billion), by 10,000-20,000 KW, 2021-2034
  • Figure 47: North America Electric Motor Market Forecast (USD Billion), by 20,000-30,000 KW, 2021-2034
  • Figure 48: North America Electric Motor Market Value Share (%), By Application, 2025 & 2034
  • Figure 49: North America Electric Motor Market Forecast (USD Billion), by Industry Machinery, 2021-2034
  • Figure 50: North America Electric Motor Market Forecast (USD Billion), by Power Generation, 2021-2034
  • Figure 51: North America Electric Motor Market Forecast (USD Billion), by Oil and Gas, 2021-2034
  • Figure 52: North America Electric Motor Market Forecast (USD Billion), by Petrochemicals, 2021-2034
  • Figure 53: North America Electric Motor Market Forecast (USD Billion), by Chemicals, 2021-2034
  • Figure 54: North America Electric Motor Market Value (USD Billion), by Country, 2021 & 2034
  • Figure 55: North America Electric Motor Market Value Share (%), by Country, 2025
  • Figure 56: Europe Electric Motor Market Value Share (%), By Motor Type, 2025 & 2034
  • Figure 57: Europe Electric Motor Market Forecast (USD Billion), by Low Voltage (Up to 1kV), 2021-2034
  • Figure 58: Europe Electric Motor Market Forecast (USD Billion), by Medium Voltage (1kV - 6.6kV), 2021-2034
  • Figure 59: Europe Electric Motor Market Forecast (USD Billion), by High Voltage (Above 6.6kV), 2021-2034
  • Figure 60: Europe Electric Motor Market Value Share (%), By Speed, 2025 & 2034
  • Figure 61: Europe Electric Motor Market Forecast (USD Billion), by Regular Speed (Up to 3000 rpm)r, 2021-2034
  • Figure 62: Europe Electric Motor Market Forecast (USD Billion), by High Speed (Above 3000 rpm), 2021-2034
  • Figure 63: Europe Electric Motor Market Value Share (%), By Power Rating, 2025 & 2034
  • Figure 64: Europe Electric Motor Market Forecast (USD Billion), by Upto 100 KW, 2021-2034
  • Figure 65: Europe Electric Motor Market Forecast (USD Billion), by 100 to 500 KW, 2021-2034
  • Figure 66: Europe Electric Motor Market Forecast (USD Billion), by 500 to 1000 KW, 2021-2034
  • Figure 67: Europe Electric Motor Market Forecast (USD Billion), by 1000 to 1500 KW, 2021-2034
  • Figure 68: Europe Electric Motor Market Forecast (USD Billion), by 1500 to 2500 KW, 2021-2034
  • Figure 69: Europe Electric Motor Market Forecast (USD Billion), by 2500 to 3500 KW, 2021-2034
  • Figure 70: Europe Electric Motor Market Forecast (USD Billion), by 3500 to 4500 KW, 2021-2034
  • Figure 71: Europe Electric Motor Market Forecast (USD Billion), by 4500 to 5500 KW, 2021-2034
  • Figure 72: Europe Electric Motor Market Forecast (USD Billion), by 5,500-10,000 KW, 2021-2034
  • Figure 73: Europe Electric Motor Market Forecast (USD Billion), by 10,000-20,000 KW, 2021-2034
  • Figure 74: Europe Electric Motor Market Forecast (USD Billion), by 20,000-30,000 KW, 2021-2034
  • Figure 75: Europe Electric Motor Market Value Share (%), By Application, 2025 & 2034
  • Figure 76: Europe Electric Motor Market Forecast (USD Billion), by Industry Machinery, 2021-2034
  • Figure 77: Europe Electric Motor Market Forecast (USD Billion), by Power Generation, 2021-2034
  • Figure 78: Europe Electric Motor Market Forecast (USD Billion), by Oil and Gas, 2021-2034
  • Figure 79: Europe Electric Motor Market Forecast (USD Billion), by Petrochemicals, 2021-2034
  • Figure 80: Europe Electric Motor Market Forecast (USD Billion), by Chemicals, 2021-2034
  • Figure 81: Europe Electric Motor Market Value (USD Billion), by Country, 2021 & 2034
  • Figure 82: Europe Electric Motor Market Value Share (%), by Country, 2025
  • Figure 83: Asia Pacific Electric Motor Market Value Share (%), By Motor Type, 2025 & 2034
  • Figure 84: Asia Pacific Electric Motor Market Forecast (USD Billion), by Low Voltage (Up to 1kV), 2021-2034
  • Figure 85: Asia Pacific Electric Motor Market Forecast (USD Billion), by Medium Voltage (1kV - 6.6kV), 2021-2034
  • Figure 86: Asia Pacific Electric Motor Market Forecast (USD Billion), by High Voltage (Above 6.6kV), 2021-2034
  • Figure 87: Asia Pacific Electric Motor Market Value Share (%), By Speed, 2025 & 2034
  • Figure 88: Asia Pacific Electric Motor Market Forecast (USD Billion), by Regular Speed (Up to 3000 rpm), 2021-2034
  • Figure 89: Asia Pacific Electric Motor Market Forecast (USD Billion), by High Speed (Above 3000 rpm), 2021-2034
  • Figure 90: Asia Pacific Electric Motor Market Value Share (%), By Power Rating, 2025 & 2034
  • Figure 91: Asia Pacific Electric Motor Market Forecast (USD Billion), by Upto 100 KW, 2021-2034
  • Figure 92: Asia Pacific Electric Motor Market Forecast (USD Billion), by 100 to 500 KW, 2021-2034
  • Figure 93: Asia Pacific Electric Motor Market Forecast (USD Billion), by 500 to 1000 KW, 2021-2034
  • Figure 94: Asia Pacific Electric Motor Market Forecast (USD Billion), by 1000 to 1500 KW, 2021-2034
  • Figure 95: Asia Pacific Electric Motor Market Forecast (USD Billion), by 1500 to 2500 KW, 2021-2034
  • Figure 96: Asia Pacific Electric Motor Market Forecast (USD Billion), by 2500 to 3500 KW, 2021-2034
  • Figure 97: Asia Pacific Electric Motor Market Forecast (USD Billion), by 3500 to 4500 KW, 2021-2034
  • Figure 98: Asia Pacific Electric Motor Market Forecast (USD Billion), by 4500 to 5500 KW, 2021-2034
  • Figure 99: Asia Pacific Electric Motor Market Forecast (USD Billion), by 5,500-10,000 KW, 2021-2034
  • Figure 100: Asia Pacific Electric Motor Market Forecast (USD Billion), by 10,000-20,000 KW, 2021-2034
  • Figure 101: Asia Pacific Electric Motor Market Forecast (USD Billion), by 20,000-30,000 KW, 2021-2034
  • Figure 102: Asia Pacific Electric Motor Market Value Share (%), By Application, 2025 & 2034
  • Figure 103: Asia Pacific Electric Motor Market Forecast (USD Billion), by Industry Machinery, 2021-2034
  • Figure 104: Asia Pacific Electric Motor Market Forecast (USD Billion), by Power Generation, 2021-2034
  • Figure 105: Asia Pacific Electric Motor Market Forecast (USD Billion), by Oil and Gas, 2021-2034
  • Figure 106: Asia Pacific Electric Motor Market Forecast (USD Billion), by Petrochemicals, 2021-2034
  • Figure 107: Asia Pacific Electric Motor Market Forecast (USD Billion), by Chemicals, 2021-2034
  • Figure 108: Asia Pacific Electric Motor Market Value (USD Billion), by Country, 2021 & 2034
  • Figure 109: Asia Pacific Electric Motor Market Value Share (%), by Country, 2025
  • Figure 110: Latin America Electric Motor Market Value Share (%), By Motor Type, 2025 & 2034
  • Figure 111: Latin America Electric Motor Market Forecast (USD Billion), by Low Voltage (Up to 1kV), 2021-2034
  • Figure 112: Latin America Electric Motor Market Forecast (USD Billion), by Medium Voltage (1kV - 6.6kV), 2021-2034
  • Figure 113: Latin America Electric Motor Market Forecast (USD Billion), by High Voltage (Above 6.6kV), 2021-2034
  • Figure 114: Latin America Electric Motor Market Value Share (%), By Speed, 2025 & 2034
  • Figure 115: Latin America Electric Motor Market Forecast (USD Billion), by Regular Speed (Up to 3000 rpm), 2021-2034
  • Figure 116: Latin America Electric Motor Market Forecast (USD Billion), by High Speed (Above 3000 rpm), 2021-2034
  • Figure 117: Latin America Electric Motor Market Value Share (%), By Power Rating, 2025 & 2034
  • Figure 118: Latin America Electric Motor Market Forecast (USD Billion), by Upto 100 KW, 2021-2034
  • Figure 119: Latin America Electric Motor Market Forecast (USD Billion), by 100 to 500 KW, 2021-2034
  • Figure 120: Latin America Electric Motor Market Forecast (USD Billion), by 500 to 1000 KW, 2021-2034
  • Figure 121: Latin America Electric Motor Market Forecast (USD Billion), by 1000 to 1500 KW, 2021-2034
  • Figure 122: Latin America Electric Motor Market Forecast (USD Billion), by 1500 to 2500 KW, 2021-2034
  • Figure 123: Latin America Electric Motor Market Forecast (USD Billion), by 2500 to 3500 KW, 2021-2034
  • Figure 124: Latin America Electric Motor Market Forecast (USD Billion), by 3500 to 4500 KW, 2021-2034
  • Figure 125: Latin America Electric Motor Market Forecast (USD Billion), by 4500 to 5500 KW, 2021-2034
  • Figure 126: Latin America Electric Motor Market Forecast (USD Billion), by 5,500-10,000 KW, 2021-2034
  • Figure 127: Latin America Electric Motor Market Forecast (USD Billion), by 10,000-20,000 KW, 2021-2034
  • Figure 128: Latin America Electric Motor Market Forecast (USD Billion), by 20,000-30,000 KW, 2021-2034
  • Figure 129: Latin America Electric Motor Market Value Share (%), By Application, 2025 & 2034
  • Figure 130: Latin America Electric Motor Market Forecast (USD Billion), by Industry Machinery, 2021-2034
  • Figure 131: Latin America Electric Motor Market Forecast (USD Billion), by Power Generation, 2021-2034
  • Figure 132: Latin America Electric Motor Market Forecast (USD Billion), by Oil and Gas, 2021-2034
  • Figure 133: Latin America Electric Motor Market Forecast (USD Billion), by Petrochemicals, 2021-2034
  • Figure 134: Latin America Electric Motor Market Forecast (USD Billion), by Chemicals, 2021-2034
  • Figure 135: Latin America Electric Motor Market Value (USD Billion), by Country, 2021 & 2034
  • Figure 136: Latin America Electric Motor Market Value Share (%), by Country, 2025
  • Figure 137: Middle East and Africa Electric Motor Market Value Share (%), By Motor Type, 2025 & 2034
  • Figure 138: Middle East and Africa Electric Motor Market Forecast (USD Billion), by Low Voltage (Up to 1kV), 2021-2034
  • Figure 139: Middle East and Africa Electric Motor Market Forecast (USD Billion), by Medium Voltage (1kV - 6.6kV), 2021-2034
  • Figure 140: Middle East and Africa Electric Motor Market Forecast (USD Billion), by High Voltage (Above 6.6kV), 2021-2034
  • Figure 141: Middle East and Africa Electric Motor Market Value Share (%), By Speed, 2025 & 2034
  • Figure 142: Middle East and Africa Electric Motor Market Forecast (USD Billion), by Regular Speed (Up to 3000 rpm)r, 2021-2034
  • Figure 143: Middle East and Africa Electric Motor Market Forecast (USD Billion), by High Speed (Above 3000 rpm), 2021-2034
  • Figure 144: Middle East and Africa Electric Motor Market Value Share (%), By Power Rating, 2025 & 2034
  • Figure 145: Middle East and Africa Electric Motor Market Forecast (USD Billion), by Upto 100 KW, 2021-2034
  • Figure 146: Middle East and Africa Electric Motor Market Forecast (USD Billion), by 100 to 500 KW, 2021-2034
  • Figure 147: Middle East and Africa Electric Motor Market Forecast (USD Billion), by 500 to 1000 KW, 2021-2034
  • Figure 148: Middle East and Africa Electric Motor Market Forecast (USD Billion), by 1000 to 1500 KW, 2021-2034
  • Figure 149: Middle East and Africa Electric Motor Market Forecast (USD Billion), by 1500 to 2500 KW, 2021-2034
  • Figure 150: Middle East and Africa Electric Motor Market Forecast (USD Billion), by 2500 to 3500 KW, 2021-2034
  • Figure 151: Middle East and Africa Electric Motor Market Forecast (USD Billion), by 3500 to 4500 KW, 2021-2034
  • Figure 152: Middle East and Africa Electric Motor Market Forecast (USD Billion), by 4500 to 5500 KW, 2021-2034
  • Figure 153: Middle East and Africa Electric Motor Market Forecast (USD Billion), by 5,500-10,000 KW, 2021-2034
  • Figure 154: Middle East and Africa Electric Motor Market Forecast (USD Billion), by 10,000-20,000 KW, 2021-2034
  • Figure 155: Middle East and Africa Electric Motor Market Forecast (USD Billion), by 20,000-30,000 KW, 2021-2034
  • Figure 156: Middle East and Africa Electric Motor Market Value Share (%), By Application, 2025 & 2034
  • Figure 157: Middle East and Africa Electric Motor Market Forecast (USD Billion), by Industry Machinery, 2021-2034
  • Figure 158: Middle East and Africa Electric Motor Market Forecast (USD Billion), by Power Generation, 2021-2034
  • Figure 159: Middle East and Africa Electric Motor Market Forecast (USD Billion), by Oil and Gas, 2021-2034
  • Figure 160: Middle East and Africa Electric Motor Market Forecast (USD Billion), by Petrochemicals, 2021-2034
  • Figure 161: Middle East and Africa Electric Motor Market Forecast (USD Billion), by Chemicals, 2021-2034
  • Figure 162: Middle East and Africa Electric Motor Market Value (USD Billion), by Country, 2021 & 2034
  • Figure 163: Middle East and Africa Electric Motor Market Value Share (%), by Country, 2025
  • Figure 164: Company Market Share Analysis (%), 2025
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