Product Code: 978-1-68038-662-2
Electric Motor Market Summary
The global electric motor market size was estimated at USD 212.96 billion in 2025 and is projected to reach USD 405.67 billion by 2033, growing at a CAGR of 8.5% from 2026 to 2033. This market expansion is primarily driven by the growing adoption of electric vehicles, increasing automation across industrial manufacturing, rising demand for energy-efficient motors in HVAC and appliances, and expanding investments in renewable energy and infrastructure projects.
The electric motor industry growth is driven by a convergence of advanced technologies, digital intelligence, and macroeconomic forces that are redefining how these foundational devices are designed, deployed, and managed across industries. Integration of edge computing, low-power microelectronics, and AI-based analytics is enhancing motor performance beyond traditional automation, enabling real-time condition monitoring, predictive maintenance, and adaptive control capabilities that maximize efficiency and uptime. Smart electric motors with IoT connectivity are increasingly context-aware and responsive, contributing to improved productivity, cost efficiency, and quality control across manufacturing, transportation, and infrastructure sectors.
The accelerating global push toward electrification and decarbonization is significantly driving the growth of the electric motor industry. Governments and industries are increasingly replacing fossil-fuel-based mechanical systems with electric motor-driven solutions across transportation, manufacturing, and infrastructure. Large-scale investments in electric vehicles, renewable energy systems, and electrified industrial equipment are increasing demand for high-efficiency motors capable of delivering superior performance while reducing carbon emissions. This transition is positioning the electric motor industry as an enabler of sustainable industrial ecosystems.
In addition, rising emphasis on energy efficiency and lifecycle cost optimization is emerging as a critical growth driver for the electric motor industry. Enterprises are prioritizing motors with higher efficiency ratings, variable speed operation, and reduced maintenance requirements to lower the total cost of ownership. Advanced motor designs, coupled with intelligent drives and power electronics, allow precise control of torque and speed, enabling optimized energy consumption across diverse load conditions. These capabilities are becoming essential as energy prices rise and organizations focus on long-term operational resilience.
Furthermore, the growing adoption of automation, robotics, and digitally controlled production systems is creating strong demand for precision electric motors. As factories transition toward flexible manufacturing and mass customization, motors with high responsiveness, accurate motion control, and seamless integration with control systems become indispensable. Electric motors function as active components within digitally orchestrated production environments, supporting synchronized operations, reduced downtime, and higher throughput across the industrial value chain, thereby driving the market growth.
Global Electric Motor Market Report Segmentation
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest technological trends in each of the sub-segments from 2021 to 2033. For this study, Grand View Research has segmented the electric motor market report based on motor, power output, application, and region:
- Electric Motor Outlook (Revenue, USD Billion, 2021 - 2033)
- AC Motor
- Synchronous AC Motor
- Induction AC Motor
- DC Motor
- Brushed DC Motor
- Brushless DC Motor
- Hermetic Motor
- Power Output Outlook (Revenue, USD Billion, 2021 - 2033)
- Integral HP Output
- Fractional HP Output
- Application Outlook (Revenue, USD Billion, 2021 - 2033)
- Industrial Machinery
- Motor Vehicles
- HVAC Equipment
- Aerospace & Transportation
- Household Appliances
- Others
- Regional Outlook (Revenue, USD Billion, 2021 - 2033)
- North America
- Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Latin America
- Middle East & Africa
- Saudi Arabia
- UAE
- South Africa
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation and Scope
- 1.2. Market Definitions
- 1.2.1. Information analysis
- 1.2.2. Market formulation & data visualization
- 1.2.3. Data validation & publishing
- 1.3. Research Scope and Assumptions
- 1.3.1. List of Data Sources
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segment Outlook
- 2.3. Competitive Insights
Chapter 3. Electric Motor Market Variables, Trends, & Scope
- 3.1. Market Lineage Outlook
- 3.2. Market Dynamics
- 3.2.1. Market Driver Analysis
- 3.2.2. Market Restraint Analysis
- 3.2.3. Market Opportunity
- 3.3. Electric Motor Market Analysis Tools
- 3.3.1. Industry Analysis - Porter's
- 3.3.1.1. Bargaining power of the suppliers
- 3.3.1.2. Bargaining power of the buyers
- 3.3.1.3. Threats of substitution
- 3.3.1.4. Threats from new entrants
- 3.3.1.5. Competitive rivalry
- 3.3.2. PESTEL Analysis
- 3.3.2.1. Political landscape
- 3.3.2.2. Economic landscape
- 3.3.2.3. Social landscape
- 3.3.2.4. Technological landscape
- 3.3.2.5. Environmental landscape
- 3.3.2.6. Legal landscape
Chapter 4. Electric Motor Market: Motor Estimates & Trend Analysis
- 4.1. Segment Dashboard
- 4.2. Electric Motor Market: Motor Movement Analysis, 2025 & 2033 (USD Billion)
- 4.3. AC Motor
- 4.3.1. AC Motor Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Billion)
- 4.3.2. Synchronous AC Motor
- 4.3.2.1. Synchronous AC Motor Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Billion)
- 4.3.3. Induction AC Motor
- 4.3.3.1. Induction AC Motor Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Billion)
- 4.4. DC Motor
- 4.4.1. DC Motor Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Billion)
- 4.4.2. Brushed DC Motor
- 4.4.2.1. Brushed DC Motor Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Billion)
- 4.4.3. Brushless DC Motor
- 4.4.3.1. Brushless DC Motor Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Billion)
- 4.5. Hermetic Motor
- 4.5.1. Hermetic Motor Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Billion)
Chapter 5. Electric Motor Market: Power Output Estimates & Trend Analysis
- 5.1. Segment Dashboard
- 5.2. Electric Motor Market: Power Output Movement Analysis, 2025 & 2033 (USD Billion)
- 5.3. Integral HP Output
- 5.3.1. Integral HP Output Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Billion)
- 5.4. Fractional HP Output
- 5.4.1. Fractional HP Output Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Billion)
Chapter 6. Electric Motor Market: Application Estimates & Trend Analysis
- 6.1. Segment Dashboard
- 6.2. Electric Motor Market: Application Movement Analysis, 2025 & 2033 (USD Billion)
- 6.3. Industrial Machinery
- 6.3.1. Industrial Machinery Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Billion)
- 6.4. Motor Vehicles
- 6.4.1. Motor Vehicles Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Billion)
- 6.5. HVAC Equipment
- 6.5.1. HVAC Equipment Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Billion)
- 6.6. Aerospace & Transportation
- 6.6.1. Aerospace & Transportation Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Billion)
- 6.7. Household Appliances
- 6.7.1. Household Appliances Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Billion)
- 6.8. Others
- 6.8.1. Others Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Billion)
Chapter 7. Electric Motor Regional Estimates & Trend Analysis
- 7.1. Electric Motor Market by Region, 2025 & 2033
- 7.2. North America
- 7.2.1. North America Electric Motor Market Estimates & Forecasts, 2021 - 2033 (USD Billion)
- 7.2.2. U.S.
- 7.2.2.1. U.S. Electric Motor Market Estimates and Forecasts, 2021 - 2033 (USD Billion)
- 7.2.3. Canada
- 7.2.3.1. Canada Electric Motor Market Estimates and Forecasts, 2021 - 2033 (USD Billion)
- 7.2.4. Mexico
- 7.2.4.1. Mexico Electric Motor Market Estimates and Forecasts, 2021 - 2033 (USD Billion)
- 7.3. Europe
- 7.3.1. Europe Electric Motor Market Estimates and Forecasts, 2021 - 2033 (USD Billion)
- 7.3.2. UK
- 7.3.2.1. UK Electric Motor Market Estimates and Forecasts, 2021 - 2033 (USD Billion)
- 7.3.3. Germany
- 7.3.3.1. Germany Electric Motor Market Estimates and Forecasts, 2021 - 2033 (USD Billion)
- 7.3.4. France
- 7.3.4.1. France Electric Motor Market Estimates and Forecasts, 2021 - 2033 (USD Billion)
- 7.4. Asia Pacific
- 7.4.1. Asia Pacific Electric Motor Market Estimates and Forecasts, 2021 - 2033 (USD Billion)
- 7.4.2. China
- 7.4.2.1. China Electric Motor Market Estimates and Forecasts, 2021 - 2033 (USD Billion)
- 7.4.3. Japan
- 7.4.3.1. Japan Electric Motor Market Estimates and Forecasts, 2021 - 2033 (USD Billion)
- 7.4.4. India
- 7.4.4.1. India Electric Motor Market Estimates and Forecasts, 2021 - 2033 (USD Billion)
- 7.4.5. South Korea
- 7.4.5.1. South Korea Electric Motor Market Estimates and Forecasts, 2021 - 2033 (USD Billion)
- 7.4.6. Australia
- 7.4.6.1. Australia Electric Motor Market Estimates and Forecasts, 2021 - 2033 (USD Billion)
- 7.5. Latin America
- 7.5.1. Latin America Electric Motor Market Estimates and Forecasts, 2021 - 2033 (USD Billion)
- 7.5.2. Brazil
- 7.5.2.1. Brazil Electric Motor Market Estimates and Forecasts, 2021 - 2033 (USD Billion)
- 7.6. Middle East and Africa
- 7.6.1. Middle East and Africa Electric Motor Market Estimates and Forecasts, 2021 - 2033 (USD Billion)
- 7.6.2. Saudi Arabia
- 7.6.2.1. Saudi Arabia Electric Motor Market Estimates and Forecasts, 2021 - 2033 (USD Billion)
- 7.6.3. UAE
- 7.6.3.1. UAE Electric Motor Market Estimates and Forecasts, 2021 - 2033 (USD Billion)
- 7.6.4. South Africa
- 7.6.4.1. South Africa Electric Motor Market Estimates and Forecasts, 2021 - 2033 (USD Billion)
Chapter 8. Competitive Landscape
- 8.1. Company Categorization
- 8.2. Company Market Positioning
- 8.3. Company Heat Map Analysis
- 8.4. Company Profiles/Listing
- 8.4.1. ABB
- 8.4.1.1. Participant's Overview
- 8.4.1.2. Financial Performance
- 8.4.1.3. Service Benchmarking
- 8.4.1.4. Strategic Initiatives
- 8.4.2. Allied Motion, Inc.
- 8.4.2.1. Participant's Overview
- 8.4.2.2. Financial Performance
- 8.4.2.3. Service Benchmarking
- 8.4.2.4. Strategic Initiatives
- 8.4.3. AMETEK, Inc.
- 8.4.3.1. Participant's Overview
- 8.4.3.2. Financial Performance
- 8.4.3.3. Service Benchmarking
- 8.4.3.4. Strategic Initiatives
- 8.4.4. Johnson Electric Holdings Limited
- 8.4.4.1. Participant's Overview
- 8.4.4.2. Financial Performance
- 8.4.4.3. Service Benchmarking
- 8.4.4.4. Strategic Initiatives
- 8.4.5. Nidec Motor Corporation
- 8.4.5.1. Participant's Overview
- 8.4.5.2. Financial Performance
- 8.4.5.3. Service Benchmarking
- 8.4.5.4. Strategic Initiatives
- 8.4.6. Franklin Electric
- 8.4.6.1. Participant's Overview
- 8.4.6.2. Financial Performance
- 8.4.6.3. Service Benchmarking
- 8.4.6.4. Strategic Initiatives
- 8.4.7. Regal Rexnord Corporation
- 8.4.7.1. Participant's Overview
- 8.4.7.2. Financial Performance
- 8.4.7.3. Service Benchmarking
- 8.4.7.4. Strategic Initiatives
- 8.4.8. Schneider Electric
- 8.4.8.1. Participant's Overview
- 8.4.8.2. Financial Performance
- 8.4.8.3. Service Benchmarking
- 8.4.8.4. Strategic Initiatives
- 8.4.9. Siemens AG
- 8.4.9.1. Participant's Overview
- 8.4.9.2. Financial Performance
- 8.4.9.3. Service Benchmarking
- 8.4.9.4. Strategic Initiatives
- 8.4.10. ORIENTAL MOTOR USA CORP.
- 8.4.10.1. Participant's Overview
- 8.4.10.2. Financial Performance
- 8.4.10.3. Service Benchmarking
- 8.4.10.4. Strategic Initiatives