Global Electric Ac Motors Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

Synchronous AC Motors and Induction AC Motors.

By Voltage;

Integral HP Output and Fractional HP Output.

By End-Use;

Industrial Machinery, Motor Vehicles, HVAC Equipment, Aerospace & Transportation, Household Appliances, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn195754614 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Electric Ac Motors Market (USD Million), 2021 - 2031

In the year 2024, the Global Electric Ac Motors Market was valued at USD 137,702.10 million. The size of this market is expected to increase to USD 229,946.32 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 7.6%.

The global electric AC motors market is experiencing significant growth, driven by increasing demand across various industries such as automotive, industrial machinery, and household appliances. AC motors, known for their efficiency, durability, and cost-effectiveness, are becoming the preferred choice for applications requiring reliable and continuous operation. The market's expansion is further fueled by advancements in motor technology, leading to enhanced performance and energy efficiency, which are critical in reducing operational costs and meeting stringent environmental regulations.

A key factor contributing to the market's growth is the rising adoption of electric vehicles (EVs). With the automotive industry rapidly shifting towards electrification, the demand for AC motors, particularly in EV powertrains, is surging. Additionally, the industrial sector is increasingly deploying AC motors in automation and process control systems, driven by the need for high precision and energy-efficient solutions. This trend is expected to continue as industries prioritize sustainable and cost-effective operations.

Geographically, the Asia-Pacific region dominates the global AC motors market, attributed to its robust manufacturing base, rapid industrialization, and growing consumer electronics market. Countries like China and India are major contributors, with significant investments in industrial infrastructure and renewable energy projects. Meanwhile, North America and Europe are also witnessing steady growth, supported by advancements in technology and a strong focus on energy efficiency and sustainability. As the demand for electric AC motors continues to rise, the market is poised for substantial growth in the coming years.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Voltage
    3. Market Snapshot, By End-Use
    4. Market Snapshot, By Region
  4. Global Electric Ac Motors Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing Demand for Electric Vehicles
        2. Rising Automation in Industrial Applications
        3. Government Regulations for Energy Efficiency
        4. Growing Adoption in Household Appliances
      2. Restraints
        1. High Initial Cost
        2. Technical Challenges in Integration
        3. Fluctuating Raw Material Prices
        4. Limited Infrastructure in Developing Regions
      3. Opportunities
        1. Technological Advancements in Motor Efficiency
        2. Expansion in Renewable Energy Sector
        3. Emerging Markets in Asia-Pacific
        4. Growth in Smart Home Technology
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Electric Ac Motors Market, By Type, 2021 - 2031 (USD Million)
      1. Synchronous AC Motors
      2. Induction AC Motors
    2. Global Electric Ac Motors Market, By Voltage, 2021 - 2031 (USD Million)
      1. Integral HP Output
      2. Fractional HP Output
    3. Global Electric Ac Motors Market, By End-Use, 2021 - 2031 (USD Million)
      1. Industrial Machinery
      2. Motor Vehicles
      3. HVAC Equipment
      4. Aerospace & Transportation
      5. Household Appliances
      6. Others
    4. Global Electric Ac Motors Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. ABB Ltd.
      2. Siemens AG
      3. Schneider Electric SE
      4. WEG Industries
      5. Nidec Corporation
      6. Regal Beloit Corporation
      7. Toshiba Corporation
      8. Johnson Electric Holdings Limited
      9. Rockwell Automation, Inc.
      10. Mitsubishi Electric Corporation
  7. Analyst Views
  8. Future Outlook of the Market