The AC Electric Motor Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the AC Electric Motor Market?
The AC electric motor market has seen solid growth in the past few years. The market size increased from $17.30 billion in 2024 to $18.39 billion in 2025, with a compound annual growth rate (CAGR) of 6.3%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the AC Electric Motor Industry?
In 2029, the AC electric motor market is anticipated to reach $23.23 billion, expanding at a compound annual growth rate (CAGR) of 6.0%.
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What are the Key Growth Drivers Fueling the AC Electric Motor Market?
The key drivers in the ac electric motor market are:
• Expansion of smart manufacturing
• Growth in electric mobility
• Increase in industrial digitization
• Modernization of infrastructure
• Rising focus on energy conservation
Global Market Segmentation: Identifying Major AC Electric Motor Industry Segments
The AC electric motor market covered in this report is segmented –
1) By Motor Type: Induction Motor, Synchronous Motor
2) By Voltage: High Voltage Motors, Medium Voltage Motors, Low Voltage Motors
3) By Power Output: Fractional Horsepower, Integral Horsepower
4) By Sales Channel: Original Equipment Manufacturer, After market
5) By End-User: Industrial, Commercial, Residential, Agriculture, Transportation
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What are the Emerging Trends Shaping the Future of the AC Electric Motor Market?
The key trends in the ac electric motor market are:
• Advances in motor control technology are becoming a key trend.
• Integration with Internet of Things (IoT) platforms is emerging as a significant trend.
• The development of high-efficiency motors is on the rise.
• Innovations in cooling systems and usage of advanced materials in motor design are significant upcoming trends.
Who Are the Top Competitors & Leading Players in the AC Electric Motor Market?
Major players in the ac electric motor market are:
• Hitachi Ltd.
• Siemens AG
• General Electric Company
• Schneider Electric SE
• Mitsubishi Electric Corporation
• ABB Ltd.
• Toshiba Corporation
• Bosch Rexroth AG
• Rockwell Automation Inc.
• AMETEK Inc.
• WEG S.A.
• Johnson Electric Holdings Limited
• HD HyundAI Electric Co. Ltd.
• TECO Electric & Machinery Co. Ltd.
• CG Power and Industrial Solutions Limited
• Ziehl-Abegg SE
• Allied Motion Technologies Inc.
• Yaskawa Electric Corporation
• Kirloskar Electric Company Limited
• Maxon Motor AG
Regional Dominance: Which Area Leads the Global AC Electric Motor Market?
Asia-Pacific was the largest region in the AC electric motor market in 2024
