High Voltage Motors Global Market Report 2026

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.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

Tariffs are impacting the high voltage motors market by increasing the cost of imported copper conductors, electrical steel laminations, insulation materials, and power electronics. Industrial sectors in North America and Europe are most affected due to reliance on imported high-capacity motors, while Asia-Pacific manufacturers face export competitiveness challenges. These tariffs are increasing capital costs and delaying large motor installations. However, they are also driving localized production, regional supply chain development, and innovation in energy-efficient and high-voltage motor technologies.

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 $6.72 billion in 2025 to $6.96 billion in 2026 at a compound annual growth rate (CAGR) of 3.6%. The growth in the historic period can be attributed to expansion of heavy industries, demand for large-capacity motors, growth of power infrastructure, industrial electrification, reliance on induction motors.

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 2030 at a compound annual growth rate (CAGR) of 3.7%. The growth in the forecast period can be attributed to decarbonization of industrial operations, replacement of aging motors, adoption of smart motor monitoring, growth in renewable energy integration, industrial automation expansion. Major trends in the forecast period include growing demand for high-power industrial drives, expansion of mining and cement industries, adoption of energy-efficient motor systems, integration of variable frequency drives, focus on operational reliability.

The rising demand for electrical energy is expected to drive the growth of the high-voltage motors market in the coming years. Electrical energy is generated by the movement of electric charges and is widely used to power devices and systems. The increase in electrical energy consumption is largely driven by industrialization, as expanding manufacturing activities, infrastructure development, and the adoption of energy-intensive machinery significantly raise electricity demand across industrial sectors. High-voltage motors support electrical energy use by efficiently converting it into mechanical power for heavy industrial applications, minimizing energy losses and improving overall system performance. For example, in March 2025, the International Energy Agency (IEA), a France-based intergovernmental organization, reported that global electricity demand rose by 4.3% in 2024, up from 2.5% growth in 2023. Therefore, the growing demand for electrical energy is supporting the expansion of the high-voltage motors market.

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 companies operating in the high voltage motors market are ABB Ltd., Siemens AG, GE Vernova LLC, Mitsubishi Electric Corporation, WEG S.A., Nidec Corporation, Hyosung Heavy Industries Corporation, Shanghai Electric Machinery Co., Ltd., Wolong Electric Group Co., Ltd., TECO Electric & Machinery Co., Ltd., CG Power and Industrial Solutions Ltd., Kirloskar Electric Company Ltd., MENZEL Elektromotoren GmbH, VEM Group (VEM motors GmbH / VEM motors Finland Oy), Hoyer Motors A/S, TMEIC (Toshiba Mitsubishi-Electric Industrial Systems Corporation), Toshiba Industrial Products and Systems Corporation, Hitachi Industrial Equipment Systems Co., Ltd., Hyundai Electric & Energy Systems Co., Ltd., Bharat Heavy Electricals Limited (BHEL), Larsen & Toubro Heavy Engineering (L&T), Brook Crompton Electric Motors.

Asia-Pacific was the largest region in the high voltage motors market in 2025. The regions covered in the high voltage motors market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The countries covered in the high voltage motors market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, 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 that 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 Market Global Report 2026 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses 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.

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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, including technological disruption, regulatory shifts, and changing consumer preferences? 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, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

• The market characteristics section of the report defines and explains the market. This section also examines key products and services offered in the market, evaluates brand-level differentiation, compares product features, and highlights major innovation and product development trends.
• The supply chain analysis section provides an overview of the entire value chain, including key raw materials, resources, and supplier analysis. It also provides a list competitor at each level of the supply chain.
• The updated trends and strategies section analyses the shape of the market as it evolves and highlights emerging technology trends such as digital transformation, automation, sustainability initiatives, and AI-driven innovation. It suggests how companies can leverage these advancements to strengthen their market position and achieve competitive differentiation.
• The regulatory and investment landscape section provides an overview of the key regulatory frameworks, regularity bodies, associations, and government policies influencing the market. It also examines major investment flows, incentives, and funding trends shaping industry growth and innovation.
• The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
• The forecasts are made after considering the major factors currently impacting the market. These include the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.
• The total addressable market (TAM) analysis section defines and estimates the market potential compares it with the current market size, and provides strategic insights and growth opportunities based on this evaluation.
• The market attractiveness scoring section evaluates the market based on a quantitative scoring framework that considers growth potential, competitive dynamics, strategic fit, and risk profile. It also provides interpretive insights and strategic implications for decision-makers.
• Market segmentations break down the market into sub markets.
• The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth.
• Expanded geographical coverage includes Taiwan and Southeast Asia, reflecting recent supply chain realignments and manufacturing shifts in the region. This section analyzes how these markets are becoming increasingly important hubs in the global value chain.
• The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
• The company scoring matrix section evaluates and ranks leading companies based on a multi-parameter framework that includes market share or revenues, product innovation, and brand recognition.

Scope

• Markets Covered:1) By Type: Synchronous Motor; Asynchronous Motor
• 2) By Voltage Range: Medium Voltage; High Voltage; Extra-High Voltage; Ultra-High Voltage
• 3) By Application: Oil And Gas; Power And Energy; Chemicals; Water And Wastewater Treatment; Mining; Cement Industry; Metallurgical Industry; Other Applications
• Subsegments:
• 1) By Synchronous Motor: Permanent Magnet Synchronous Motors (PMSM); Electrically Excited Synchronous Motors; Brushless Synchronous Motors; Reluctance Synchronous Motors
• 2) By Asynchronous Motor: Slip Ring Induction Motors; Squirrel Cage Induction Motors; Three-Phase Asynchronous Motors
• Companies Mentioned: ABB Ltd.; Siemens AG; GE Vernova LLC; Mitsubishi Electric Corporation; WEG S.A.; Nidec Corporation; Hyosung Heavy Industries Corporation; Shanghai Electric Machinery Co., Ltd.; Wolong Electric Group Co., Ltd.; TECO Electric & Machinery Co., Ltd.; CG Power and Industrial Solutions Ltd.; Kirloskar Electric Company Ltd.; MENZEL Elektromotoren GmbH; VEM Group (VEM motors GmbH / VEM motors Finland Oy); Hoyer Motors A/S; TMEIC (Toshiba Mitsubishi-Electric Industrial Systems Corporation); Toshiba Industrial Products and Systems Corporation; Hitachi Industrial Equipment Systems Co., Ltd.; Hyundai Electric & Energy Systems Co., Ltd.; Bharat Heavy Electricals Limited (BHEL); Larsen & Toubro Heavy Engineering (L&T); Brook Crompton Electric Motors.
• Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Taiwan; Russia; South Korea; UK; USA; Canada; Italy; Spain.
• Regions: Asia-Pacific; South East Asia; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
• Time Series: Five years historic and ten years forecast.
• Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
• Data Segmentations: country and regional historic and forecast data, market share of competitors, market segments.
• Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
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