PUBLISHER: The Business Research Company | PRODUCT CODE: 1760127
PUBLISHER: The Business Research Company | PRODUCT CODE: 1760127
High voltage motors are electric motors built to operate at voltages typically exceeding 1,000 volts (1 kV). They are designed for industrial and heavy-duty environments where high power output, efficiency, and the capability to drive large mechanical loads are essential. These motors help reduce current in high-power systems, thereby decreasing energy losses and enhancing overall operational efficiency.
The primary types of high voltage motors include synchronous motors and asynchronous motors. A synchronous motor maintains constant speed in alignment with the supply current frequency, delivering precise and efficient performance. These motors are available across voltage classifications such as medium voltage, high voltage, extra-high voltage, and ultra-high voltage. They serve a wide range of industries, including oil and gas, power and energy, chemicals, water and wastewater treatment, mining, cement, metallurgy, and more.
The high voltage motors market research report is one of a series of new reports from The Business Research Company that provides high voltage motors market statistics, including the high voltage motors industry global market size, regional shares, competitors with the high voltage motors market share, detailed high voltage motors market segments, market trends, and opportunities, and any further data you may need to thrive in the high voltage motors industry. This high voltage motors market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The high voltage motors market size has grown steadily in recent years. It will grow from $6.54 billion in 2024 to $6.83 billion in 2025 at a compound annual growth rate (CAGR) of 4.4%. The growth observed during the historic period can be attributed to increased infrastructure development, greater use of electric machinery in heavy industries, a growing emphasis on renewable energy integration, expanding electrification of transportation, and rising investments in power generation and distribution networks.
The high voltage motors market size is expected to see steady growth in the next few years. It will grow to $8.03 billion in 2029 at a compound annual growth rate (CAGR) of 4.1%. The growth in the forecast period is expected to be driven by increasing automation in oil and gas operations, rising demand for HVAC systems in commercial buildings, ongoing upgrades to aging power infrastructure, greater deployment of electric vehicles in industrial logistics, and a growing need for high-performance motors in heavy industrial applications. Key trends anticipated include advancements in motor cooling technologies, enhanced digital monitoring and diagnostic systems, innovation in energy-efficient motor designs, integration of predictive maintenance solutions, and progress in high-voltage insulation materials.
The growing demand for electrical energy is expected to drive the expansion of the high voltage motors market. Electrical energy, produced by the movement of electric charges, powers a wide range of devices and systems, and its demand is rising due to rapid industrialization. As manufacturing, infrastructure development, and the use of energy-intensive machinery increase across industries, electricity consumption grows significantly. High voltage motors play a vital role in this landscape by efficiently converting electrical energy into mechanical power for heavy-duty industrial applications, reducing energy losses and improving overall performance. For example, in June 2023, the Department of Climate Change, Energy, the Environment, and Water in Australia reported that the country's total electricity generation reached 273,265 gigawatt hours (GWh) in 2022, marking a 2% increase from 2021. This growing demand for electricity is contributing to the rising need for high voltage motors.
Leading companies in the high voltage motors market are adopting advanced technologies such as synchronous reluctance-assisted permanent magnet (SyR-PM) technology to enhance energy efficiency and motor performance. SyR-PM technology combines the benefits of magnetic reluctance and permanent magnets to boost torque density, energy efficiency, and power factor-key performance factors for high voltage motors used in demanding environments. For instance, in December 2024, Danfoss Power Solutions, a U.S.-based motor manufacturer, introduced the Editron EM-PMI375 690-V electric motor, which is designed for high-demand applications such as marine vessels and material handling. Featuring up to 96% efficiency and improved altitude performance, the motor is based on SyR-PM technology and is paired with the Editron EC-C1700B inverter, supporting both 690-Vac and 1,050-Vdc systems. It is available in four sizes with torque ratings from 200 Nm to 1,100 Nm and power outputs up to 296 kW, offering flexibility for a range of industrial uses.
In December 2024, WEG S.A., a Brazil-based manufacturer of motors and generators, acquired Volt Electric Motor for $88 million. This acquisition aims to expand WEG's market footprint across Europe, the Middle East, and Central Asia, while also enhancing its high voltage motor product line. Additionally, WEG gains access to Volt Electric Motor's manufacturing facility in Turkey, increasing its production capacity. Volt Electric Motor is a Turkey-based company specializing in the production of induction electric motors, including high voltage variants.
Major players in the high voltage motors market are Siemens AG, Schneider Electric SE, Mitsubishi Electric Corporation, GE Vernova LLC, ABB Ltd., Nidec Corporation, Shanghai Electric Machinery Co. Ltd., Danfoss Group, WEG S.A., Regal Rexnord Corporation, SEW-Eurodrive GmbH And Co KG, Hyosung Heavy Industries Corporation, Wolong Electric Group Co. Ltd., TECO Electric And Machinery Co. Ltd., CG Power and Industrial Solutions Ltd., Kirloskar Electric Company Ltd., Brook Crompton Holdings Ltd., MENZEL Elektromotoren GmbH, VEM motors Finland Oy, and Hoyer Motors.
Asia-Pacific was the largest region in the high voltage motors market in 2024. The regions covered in high voltage motors report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The countries covered in the high voltage motors market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The high voltage motors market consists of sales of slip ring motors, permanent magnet motors, brushless DC motors, high voltage servo motors, and high voltage custom or engineered motors. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values and are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
High Voltage Motors Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on high voltage motors market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for high voltage motors ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The high voltage motors market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.