Europe AC Electric Motor Market Size, Share & Trends Analysis Report By Sales Type (New Sales, and Aftermarket), By Output Power, By End-Use (Industrial Machinery, HVAC, Transportation, and Others), By Country and Growth Forecast, 2023

List of Tables

The Europe AC Electric Motor Market would witness market growth of 4.3% CAGR during the forecast period (2023-2030).

The Germany market dominated the Europe AC Electric Motor Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $1,170 Million by 2030. The UK market is exhibiting a CAGR of 3.4% during (2023 - 2030). Additionally, The France market would experience a CAGR of 5% during (2023 - 2030).

AC motors offer advantages such as high torque, regenerative braking, and simplified drivetrain architecture, making them ideal for automotive propulsion systems. As automakers transition away from internal combustion engines towards electrified powertrains, the adoption of AC motors in EVs is expected to grow rapidly. Integrating smart technologies and IoT (internet of things) capabilities into AC motor systems has opened up opportunities for efficiency optimization, predictive maintenance, and remote monitoring. Smart motors with sensors, connectivity features, and advanced analytics enable real-time performance monitoring, fault detection, and condition-based maintenance, improving reliability and uptime.

It spans various applications in various industries and sectors, owing to their versatility, efficiency, and reliability. For example, AC motors are extensively utilized in manufacturing industries to power various machinery and equipment. They drive conveyor belts, assembly lines, robotic arms, machining tools, injection molding machines, and other industrial processes. AC motors offer precise control over speed and torque, enabling smooth and efficient production operations across automotive, electronics, pharmaceuticals, and consumer goods sectors.

The expansion of the automotive industry in Italy creates opportunities for domestic manufacturing of AC electric motors and related components. As per the ITA, the automotive sector is one of Italy's main industries, and in 2022, the automotive sector's turnover was €92.7 billion, which was 9.3% of Italy's manufacturing turnover and 5.2% of Italy's GDP. In 2022, 7,82,629 vehicles, 4,86,111 cars, 234,798 light commercial vehicles, and 61,720 trucks and buses) were produced in Italy. 13,35,487 new cars, 9.5% fewer than in the prior year, were registered in 2022. As the automotive industry in Italy continues to modernize and upgrade vehicle features, there is a sustained demand for AC motors to power these auxiliary systems and accessories. Thus, the increasing automotive sector and rising smart manufacturing in the region propel the market's growth.

Based on Sales Type, the market is segmented into New Sales, and Aftermarket. Based on Output Power, the market is segmented into 1,000 HP up to 10,000 HP, 10,000 HP up to 20,000 HP, and 20,000 HP up to 30,000 HP. Based on End-Use, the market is segmented into Industrial Machinery, HVAC, Transportation, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.

List of Key Companies Profiled

WEG Equipamentos Eletricos SA
Toshiba Corporation
General Electric Company
Hitachi, Ltd.
ABB Ltd.
Nidec Corporation
Siemens AG
Kirloskar Electric Co. Ltd.
Schneider Electric SE
Emerson Electric Co.

Europe AC Electric Motor Market Report Segmentation

By Sales Type

New Sales
Aftermarket

By Output Power

1,000 HP up to 10,000 HP
10,000 HP up to 20,000 HP
20,000 HP up to 30,000 HP

By End Use

Industrial Machinery
HVAC
Transportation
Others

By Country

Germany
UK
France
Russia
Spain
Italy
Rest of Europe

Chapter 1.Market Scope & Methodology

1.1Market Definition
1.2Objectives
1.3Market Scope
1.4Segmentation
- 1.4.1Europe AC Electric Motor Market, by Sales Type
- 1.4.2Europe AC Electric Motor Market, by Output Power
- 1.4.3Europe AC Electric Motor Market, by End Use
- 1.4.4Europe AC Electric Motor Market, by Country
1.5Methodology for the research

Chapter 2.Market at a Glance

2.1Key Highlights

Chapter 3.Market Overview

3.1Introduction
- 3.1.1Overview
  - 3.1.1.1Market Composition and Scenario
3.2Key Factors Impacting the Market
- 3.2.1Market Drivers
- 3.2.2Market Restraints
- 3.2.3Market Opportunities
- 3.2.4Market Challenges
3.3Porter Five Forces Analysis

Chapter 4.Strategies Deployed in AC Electric Motor Market

Chapter 5.Europe AC Electric Motor Market by Sales Type

5.1Europe New Sales Market by Country
5.2Europe Aftermarket Market by Country

Chapter 6.Europe AC Electric Motor Market by Output Power

6.1Europe 1,000 HP up to 10,000 HP Market by Country
6.2Europe 10,000 HP up to 20,000 HP Market by Country
6.3Europe 20,000 HP up to 30,000 HP Market by Country

Chapter 7.Europe AC Electric Motor Market by End-Use

7.1Europe Industrial Machinery Market by Country
7.2Europe HVAC Market by Country
7.3Europe Transportation Market by Country
7.4Europe Others Market by Country

Chapter 8.Europe AC Electric Motor Market by Country

8.1Germany AC Electric Motor Market
- 8.1.1Germany AC Electric Motor Market by Sales Type
- 8.1.2Germany AC Electric Motor Market by Output Power
- 8.1.3Germany AC Electric Motor Market by End-Use
8.2UK AC Electric Motor Market
- 8.2.1UK AC Electric Motor Market by Sales Type
- 8.2.2UK AC Electric Motor Market by Output Power
- 8.2.3UK AC Electric Motor Market by End-Use
8.3France AC Electric Motor Market
- 8.3.1France AC Electric Motor Market by Sales Type
- 8.3.2France AC Electric Motor Market by Output Power
- 8.3.3France AC Electric Motor Market by End-Use
8.4Russia AC Electric Motor Market
- 8.4.1Russia AC Electric Motor Market by Sales Type
- 8.4.2Russia AC Electric Motor Market by Output Power
- 8.4.3Russia AC Electric Motor Market by End-Use
8.5Spain AC Electric Motor Market
- 8.5.1Spain AC Electric Motor Market by Sales Type
- 8.5.2Spain AC Electric Motor Market by Output Power
- 8.5.3Spain AC Electric Motor Market by End-Use
8.6Italy AC Electric Motor Market
- 8.6.1Italy AC Electric Motor Market by Sales Type
- 8.6.2Italy AC Electric Motor Market by Output Power
- 8.6.3Italy AC Electric Motor Market by End-Use
8.7Rest of Europe AC Electric Motor Market
- 8.7.1Rest of Europe AC Electric Motor Market by Sales Type
- 8.7.2Rest of Europe AC Electric Motor Market by Output Power
- 8.7.3Rest of Europe AC Electric Motor Market by End-Use

Chapter 9.Company Profiles

9.1WEG Equipamentos Eletricos SA
- 9.1.1Company Overview
- 9.1.2Financial Analysis
- 9.1.3Regional Analysis
- 9.1.4Recent strategies and developments:
  - 9.1.4.1Partnerships, Collaborations, and Agreements:
  - 9.1.4.2Product Launches and Product Expansions:
  - 9.1.4.3Acquisition and Mergers:
- 9.1.5SWOT Analysis
9.2Toshiba Corporation
- 9.2.1Company Overview
- 9.2.2Financial Analysis
- 9.2.3Segmental and Regional Analysis
- 9.2.4Research and Development Expense
- 9.2.5SWOT Analysis
9.3General Electric Company
- 9.3.1Company Overview
- 9.3.2Financial Analysis
- 9.3.3Segmental and Regional Analysis
- 9.3.4Research & Development Expense
- 9.3.5SWOT Analysis
9.4Hitachi, Ltd.
- 9.4.1Company Overview
- 9.4.2Financial Analysis
- 9.4.3Segmental and Regional Analysis
- 9.4.4Research & Development Expenses
- 9.4.5SWOT Analysis
9.5ABB Ltd.
- 9.5.1Company Overview
- 9.5.2Financial Analysis
- 9.5.3Segmental and Regional Analysis
- 9.5.4Research & Development Expense
- 9.5.5Recent strategies and developments:
  - 9.5.5.1Product Launches and Product Expansions:
- 9.5.6SWOT Analysis
9.6Nidec Corporation
- 9.6.1Company Overview
- 9.6.2Financial Analysis
- 9.6.3Segmental and Regional Analysis
- 9.6.4Research & Development Expense
- 9.6.5Recent strategies and developments:
  - 9.6.5.1Product Launches and Product Expansions:
9.7Siemens AG
- 9.7.1Company Overview
- 9.7.2Financial Analysis
- 9.7.3Segmental and Regional Analysis
- 9.7.4Research & Development Expense
- 9.7.5SWOT Analysis
9.8Kirloskar Electric Co. Ltd.
- 9.8.1Company Overview
- 9.8.2Financial Analysis
- 9.8.3Segmental Analysis
9.9Schneider Electric SE
- 9.9.1Company Overview
- 9.9.2Financial Analysis
- 9.9.3Segmental and Regional Analysis
- 9.9.4Research & Development Expense
- 9.9.5Recent strategies and developments:
  - 9.9.5.1Partnerships, Collaborations, and Agreements:
- 9.9.6SWOT Analysis
9.10.Emerson Electric Co.
- 9.10.1Company Overview
- 9.10.2Financial Analysis
- 9.10.3Segmental and Regional Analysis
- 9.10.4Research & Development Expense
- 9.10.5SWOT Analysis

LIST OF TABLES

TABLE 1Europe AC Electric Motor Market, 2019 - 2022, USD Million
TABLE 2Europe AC Electric Motor Market, 2023 - 2030, USD Million
TABLE 3Europe AC Electric Motor Market by Sales Type, 2019 - 2022, USD Million
TABLE 4Europe AC Electric Motor Market by Sales Type, 2023 - 2030, USD Million
TABLE 5Europe New Sales Market by Country, 2019 - 2022, USD Million
TABLE 6Europe New Sales Market by Country, 2023 - 2030, USD Million
TABLE 7Europe Aftermarket Market by Country, 2019 - 2022, USD Million
TABLE 8Europe Aftermarket Market by Country, 2023 - 2030, USD Million
TABLE 9Europe AC Electric Motor Market by Output Power, 2019 - 2022, USD Million
TABLE 10Europe AC Electric Motor Market by Output Power, 2023 - 2030, USD Million
TABLE 11Europe 1,000 HP up to 10,000 HP Market by Country, 2019 - 2022, USD Million
TABLE 12Europe 1,000 HP up to 10,000 HP Market by Country, 2023 - 2030, USD Million
TABLE 13Europe 10,000 HP up to 20,000 HP Market by Country, 2019 - 2022, USD Million
TABLE 14Europe 10,000 HP up to 20,000 HP Market by Country, 2023 - 2030, USD Million
TABLE 15Europe 20,000 HP up to 30,000 HP Market by Country, 2019 - 2022, USD Million
TABLE 16Europe 20,000 HP up to 30,000 HP Market by Country, 2023 - 2030, USD Million
TABLE 17Europe AC Electric Motor Market by End-Use, 2019 - 2022, USD Million
TABLE 18Europe AC Electric Motor Market by End-Use, 2023 - 2030, USD Million
TABLE 19Europe Industrial Machinery Market by Country, 2019 - 2022, USD Million
TABLE 20Europe Industrial Machinery Market by Country, 2023 - 2030, USD Million
TABLE 21Europe HVAC Market by Country, 2019 - 2022, USD Million
TABLE 22Europe HVAC Market by Country, 2023 - 2030, USD Million
TABLE 23Europe Transportation Market by Country, 2019 - 2022, USD Million
TABLE 24Europe Transportation Market by Country, 2023 - 2030, USD Million
TABLE 25Europe Others Market by Country, 2019 - 2022, USD Million
TABLE 26Europe Others Market by Country, 2023 - 2030, USD Million
TABLE 27Europe AC Electric Motor Market by Country, 2019 - 2022, USD Million
TABLE 28Europe AC Electric Motor Market by Country, 2023 - 2030, USD Million
TABLE 29Germany AC Electric Motor Market, 2019 - 2022, USD Million
TABLE 30Germany AC Electric Motor Market, 2023 - 2030, USD Million
TABLE 31Germany AC Electric Motor Market by Sales Type, 2019 - 2022, USD Million
TABLE 32Germany AC Electric Motor Market by Sales Type, 2023 - 2030, USD Million
TABLE 33Germany AC Electric Motor Market by Output Power, 2019 - 2022, USD Million
TABLE 34Germany AC Electric Motor Market by Output Power, 2023 - 2030, USD Million
TABLE 35Germany AC Electric Motor Market by End-Use, 2019 - 2022, USD Million
TABLE 36Germany AC Electric Motor Market by End-Use, 2023 - 2030, USD Million
TABLE 37UK AC Electric Motor Market, 2019 - 2022, USD Million
TABLE 38UK AC Electric Motor Market, 2023 - 2030, USD Million
TABLE 39UK AC Electric Motor Market by Sales Type, 2019 - 2022, USD Million
TABLE 40UK AC Electric Motor Market by Sales Type, 2023 - 2030, USD Million
TABLE 41UK AC Electric Motor Market by Output Power, 2019 - 2022, USD Million
TABLE 42UK AC Electric Motor Market by Output Power, 2023 - 2030, USD Million
TABLE 43UK AC Electric Motor Market by End-Use, 2019 - 2022, USD Million
TABLE 44UK AC Electric Motor Market by End-Use, 2023 - 2030, USD Million
TABLE 45France AC Electric Motor Market, 2019 - 2022, USD Million
TABLE 46France AC Electric Motor Market, 2023 - 2030, USD Million
TABLE 47France AC Electric Motor Market by Sales Type, 2019 - 2022, USD Million
TABLE 48France AC Electric Motor Market by Sales Type, 2023 - 2030, USD Million
TABLE 49France AC Electric Motor Market by Output Power, 2019 - 2022, USD Million
TABLE 50France AC Electric Motor Market by Output Power, 2023 - 2030, USD Million
TABLE 51France AC Electric Motor Market by End-Use, 2019 - 2022, USD Million
TABLE 52France AC Electric Motor Market by End-Use, 2023 - 2030, USD Million
TABLE 53Russia AC Electric Motor Market, 2019 - 2022, USD Million
TABLE 54Russia AC Electric Motor Market, 2023 - 2030, USD Million
TABLE 55Russia AC Electric Motor Market by Sales Type, 2019 - 2022, USD Million
TABLE 56Russia AC Electric Motor Market by Sales Type, 2023 - 2030, USD Million
TABLE 57Russia AC Electric Motor Market by Output Power, 2019 - 2022, USD Million
TABLE 58Russia AC Electric Motor Market by Output Power, 2023 - 2030, USD Million
TABLE 59Russia AC Electric Motor Market by End-Use, 2019 - 2022, USD Million
TABLE 60Russia AC Electric Motor Market by End-Use, 2023 - 2030, USD Million
TABLE 61Spain AC Electric Motor Market, 2019 - 2022, USD Million
TABLE 62Spain AC Electric Motor Market, 2023 - 2030, USD Million
TABLE 63Spain AC Electric Motor Market by Sales Type, 2019 - 2022, USD Million
TABLE 64Spain AC Electric Motor Market by Sales Type, 2023 - 2030, USD Million
TABLE 65Spain AC Electric Motor Market by Output Power, 2019 - 2022, USD Million
TABLE 66Spain AC Electric Motor Market by Output Power, 2023 - 2030, USD Million
TABLE 67Spain AC Electric Motor Market by End-Use, 2019 - 2022, USD Million
TABLE 68Spain AC Electric Motor Market by End-Use, 2023 - 2030, USD Million
TABLE 69Italy AC Electric Motor Market, 2019 - 2022, USD Million
TABLE 70Italy AC Electric Motor Market, 2023 - 2030, USD Million
TABLE 71Italy AC Electric Motor Market by Sales Type, 2019 - 2022, USD Million
TABLE 72Italy AC Electric Motor Market by Sales Type, 2023 - 2030, USD Million
TABLE 73Italy AC Electric Motor Market by Output Power, 2019 - 2022, USD Million
TABLE 74Italy AC Electric Motor Market by Output Power, 2023 - 2030, USD Million
TABLE 75Italy AC Electric Motor Market by End-Use, 2019 - 2022, USD Million
TABLE 76Italy AC Electric Motor Market by End-Use, 2023 - 2030, USD Million
TABLE 77Rest of Europe AC Electric Motor Market, 2019 - 2022, USD Million
TABLE 78Rest of Europe AC Electric Motor Market, 2023 - 2030, USD Million
TABLE 79Rest of Europe AC Electric Motor Market by Sales Type, 2019 - 2022, USD Million
TABLE 80Rest of Europe AC Electric Motor Market by Sales Type, 2023 - 2030, USD Million
TABLE 81Rest of Europe AC Electric Motor Market by Output Power, 2019 - 2022, USD Million
TABLE 82Rest of Europe AC Electric Motor Market by Output Power, 2023 - 2030, USD Million
TABLE 83Rest of Europe AC Electric Motor Market by End-Use, 2019 - 2022, USD Million
TABLE 84Rest of Europe AC Electric Motor Market by End-Use, 2023 - 2030, USD Million
TABLE 85Key Information - WEG Equipamentos Eletricos SA
TABLE 86Key Information - Toshiba Corporation
TABLE 87Key Information - General Electric Company
TABLE 88Key Information - Hitachi, Ltd.
TABLE 89Key Information - ABB Ltd.
TABLE 90Key Information - Nidec Corporation
TABLE 91Key Information - Siemens AG
TABLE 92Key Information - Kirloskar Electric Co., Ltd.
TABLE 93Key Information - Schneider Electric SE
TABLE 94Key Information - Emerson Electric Co.

Europe AC Electric Motor Market Size, Share & Trends Analysis Report By Sales Type (New Sales, and Aftermarket), By Output Power, By End-Use (Industrial Machinery, HVAC, Transportation, and Others), By Country and Growth Forecast, 2023 - 2030

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