Global Rolled Steel Motor Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Phase;

Single Phase and Three Phase.

By Power;

0 kW-7.5 kW, 7.5 KW-15.5 KW, 15.5 KW-29.5 KW, and Above 29.5 kW.

By Industry;

Food & Beverage, HVAC, Marine, Mining, Pulp & Paper, Rubber & Plastics, and Other.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn144982991 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Rolled Steel Motor Market (USD Million), 2021 - 2031

In the year 2024, the Global Rolled Steel Motor Market was valued at USD 9,537.72 million. The size of this market is expected to increase to USD 12,299.74 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 3.7%.

The global rolled steel motor market is a dynamic and evolving sector that plays a crucial role in various industrial applications. Rolled steel motors are essential components used in a wide range of machinery and equipment, providing reliable and efficient power solutions. These motors are highly valued for their durability, energy efficiency, and ability to operate in demanding environments. They are commonly used in industries such as manufacturing, automotive, aerospace, and energy, where performance and reliability are critical.

The market for rolled steel motors is driven by several factors, including the increasing demand for industrial automation and energy-efficient solutions. As industries strive to enhance productivity and reduce energy consumption, the need for advanced rolled steel motors that can deliver high performance with minimal energy use is growing. Additionally, the rapid urbanization and infrastructure development in emerging economies are boosting the demand for rolled steel motors in construction, transportation, and utilities. The ongoing shift towards renewable energy sources also drives the adoption of energy-efficient motors in wind turbines, solar power plants, and other green energy applications.

Technological advancements have significantly impacted the rolled steel motor market, leading to the development of more efficient and high-performance motors. The integration of advanced manufacturing technologies, such as automation and robotics, has enhanced the precision and consistency of motor production. Moreover, the adoption of Industrial Internet of Things (IIoT) technologies enables real-time monitoring and optimization of motor performance, further improving efficiency and reliability. As industries continue to evolve and embrace new technologies, the global rolled steel motor market is expected to experience sustained growth, driven by the demand for innovative and energy-efficient power solutions.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Phase
    2. Market Snapshot, By Power
    3. Market Snapshot, By Industry
    4. Market Snapshot, By Region
  4. Global Rolled Steel Motor Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Industrial Automation Growth
        2. Energy Efficiency Demand
        3. Infrastructure Development Surge
        4. Increasing Urbanization Trends
        5. Advancements in Manufacturing
      2. Restraints
        1. High Initial Costs
        2. Fluctuating Steel Prices
        3. Technical Skill Requirements
        4. Alternative Technologies Competition
        5. Supply Chain Disruptions
      3. Opportunities
        1. Emerging Market Expansion
        2. Green Energy Adoption
        3. Technological Innovations Integration
        4. Customization Demand Growth
        5. Industrial IoT Integration
    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 Rolled Steel Motor Market, By Phase, 2021 - 2031 (USD Million)
      1. Single Phase
      2. Three Phase
    2. Global Rolled Steel Motor Market, By Power, 2021 - 2031 (USD Million)
      1. 0 kW-7.5 kW
      2. 7.5 KW-15.5 KW
      3. 15.5 KW-29.5 KW
      4. Above 29.5 kW
    3. Global Rolled Steel Motor Market, By Industry, 2021 - 2031 (USD Million)
      1. Food & Beverage
      2. HVAC
      3. Marine
      4. Mining, Pulp & Paper
      5. Rubber & Plastics
      6. Other
    4. Global Rolled Steel Motor 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. ArcelorMittal
      2. Nippon Steel Corporation
      3. POSCO
      4. China Baowu Steel Group
      5. JFE Steel Corporation
      6. Tata Steel
      7. United States Steel Corporation
      8. Nucor Corporation
      9. Thyssenkrupp AG
      10. Hyundai Steel
  7. Analyst Views
  8. Future Outlook of the Market