PUBLISHER: QYResearch | PRODUCT CODE: 1874479
PUBLISHER: QYResearch | PRODUCT CODE: 1874479
The global market for Medium Voltage Motors was estimated to be worth US$ 6792 million in 2024 and is forecast to a readjusted size of US$ 8814 million by 2031 with a CAGR of 3.9% during the forecast period 2025-2031.
This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on Medium Voltage Motors cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.
Low voltage is up to 1000 V, medium voltage is from 1000 V to 35 kV, and high voltage is over 35 kV.
Despite low voltage motors having a wide range of potential uses in industry, there are still some cases when a higher voltage is needed to handle the job. According to the IEC 60038 standard: low voltage is up to 1000 V, medium voltage is from 1000 V to 35 kV, and high voltage is over 35 kV. This report focuses on the medium voltage motors.
Policy-driven energy efficiency upgrade
Implementation of mandatory energy efficiency standards: The new Chinese mandatory standard GB 30254-2024 (to be implemented in September 2025) requires all high-voltage three-phase motors to reach the IE4 ultra-efficient level, eliminating low-efficiency products below IE2;
The EU carbon tariff (CBAM) forces export enterprises to adopt IE5 energy efficiency motors, otherwise they will face additional costs.
Increased emphasis on green manufacturing policies: The "Implementation Plan for Carbon Peak in the Industrial Sector" of China requires that by 2025, the proportion of efficient energy-saving motors exceeds 70%;
The national standard GB/T 41013 for energy efficiency evaluation of motor systems promotes full-chain energy-saving renovations (covering motors, pipelines, and control devices).
Key challenges
Cost pressure: The average price of IE4/IE5 motors is 25%-40% higher than that of traditional models, and small and medium-sized enterprises have low acceptance;
The fluctuation in the price of rare earth permanent magnet materials (neodymium iron boron accounts for 50% of the cost of permanent magnet motors) exacerbates supply chain risks.
Technical bottlenecks: The heat dissipation problem of open motor structures hinders the increase in power density;
Domestic enterprises have insufficient technical reserves in the field of 10kV and above high-voltage frequency conversion control.
This report aims to provide a comprehensive presentation of the global market for Medium Voltage Motors, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Medium Voltage Motors by region & country, by Type, and by Application.
The Medium Voltage Motors market size, estimations, and forecasts are provided in terms of sales volume (Units) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Medium Voltage Motors.
Market Segmentation
By Company
Segment by Type
Segment by Application
By Region
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Medium Voltage Motors manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Medium Voltage Motors in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Medium Voltage Motors in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.