The global market for Synchronous Reluctance Motor (SynRM) was estimated to be worth US$ 264.28 million in 2025 and is projected to reach US$ 577.86 million by 2032, growing at a CAGR of 12.13% from 2026 to 2032.
The North American market for Synchronous Reluctance Motor (SynRM) was valued at US$ 66.84 million in 2025 and is projected to reach US$ 140.56 million by 2032, at a CAGR of 11.44% from 2026 to 2032.
The Asia-Pacific market for Synchronous Reluctance Motor (SynRM) was valued at $ 101.29 million in 2025 and is projected to climb to US$ 242.3 million by 2032, at a CAGR of 13.68% from 2026 to 2032.
The European market for Synchronous Reluctance Motor (SynRM) was valued at $ 90.58 million in 2025 and is projected to total US$ 186.72 million by 2032, at a CAGR of 11.13% from 2026 to 2032.
The global key companies in the Synchronous Reluctance Motor (SynRM) market include ABB, Danfoss, Innomotics, KSB (REEL), Bonfiglioli, Oemer Motori, Nidec Leroy-Somer, Delta Electronics, TECO, Changzhou Nanfang Motor, Mark Elektriks and Hezhong Energy, etc. In 2025, the five largest players accounted for approximately 74.92% of revenue.
This report provides a comprehensive view of the global market for Synchronous Reluctance Motor (SynRM), covering total sales volume, sales revenue, pricing, the market share and ranking of key companies, along with analyses by region & country, by Type, and by Application.
The Synchronous Reluctance Motor (SynRM) market size, estimations, and forecasts are presented in terms of sales volume (K Units) and revenue ($ millions), with 2025 as the base year and historical and forecast data from 2021 to 2032. The report combines quantitative and qualitative analysis to help readers develop growth strategies, assess the competitive landscape, evaluate their position in the current marketplace, and make informed business decisions regarding Synchronous Reluctance Motor (SynRM).
Market Segmentation
By Company
- ABB
- Danfoss
- Innomotics
- KSB (REEL)
- Bonfiglioli
- Oemer Motori
- Nidec Leroy-Somer
- Delta Electronics
- TECO
- Changzhou Nanfang Motor
- Mark Elektriks
- Hezhong Energy
Segment by Type
- 0-30 KW
- 30-100 KW
- Above 100 KW
Segment by Application
- Process Industries
- Discrete Industries
- Transportation
Consumption by Region
- North America
- United States
- Canada
- Mexico
- Asia Pacific
- China
- Japan
- South Korea
- Southeast Asia
- India
- Rest of Asia Pacific
- Europe
- Germany
- France
- U.K.
- Italy
- Netherlands
- Nordic Countries
- Rest of Europe
- South America
- Brazil
- Rest of South America
- Middle East & Africa
Chapter Outline
Chapter 1: Introduces the scope of the report and the global market size (value, volume, and price). It also summarizes market dynamics and Recent Developments; identifies key drivers and restraints; outlines challenges and risks for manufacturers; reviews relevant industry policies and U.S. tariff implications.
Chapter 2: Provides a detailed analysis of the Synchronous Reluctance Motor (SynRM) manufacturers' competitive landscape-including pricing, sales and revenue shares, Recent Developments plans, and mergers and acquisitions (M&A).
Chapter 3: Analyzes market classification, presenting the size and growth potential of each segment to help readers identify blue-ocean opportunities.
Chapter 4: Analyzes market segmentation by Application, presenting the size and growth potential of each downstream segment to help readers identify blue-ocean opportunities.
Chapter 5: Presents Synchronous Reluctance Motor (SynRM) sales and revenue at the regional level. It offers a quantitative assessment of market size and growth potential by region and summarizes market development, future prospects, addressable space, and country-level market size worldwide.
Chapter 6: Presents Synchronous Reluctance Motor (SynRM) sales and revenue at the country level. It provides segmented data by Type and by Application for each country/region.
Chapter 7: Profiles key players, detailing the main companies' product sales, revenue, pricing, gross margin, product portfolios, Recent Developments, etc.
Chapter 8: Analyzes the industry value chain, including upstream suppliers and downstream applications/customers.
Chapter 9: Conclusion.
Table of Contents
1 Market Overview
- 1.1 Synchronous Reluctance Motor (SynRM) Product Introduction
- 1.2 Global Synchronous Reluctance Motor (SynRM) Market Size Forecast
- 1.2.1 Global Synchronous Reluctance Motor (SynRM) Sales Value (2021-2032)
- 1.2.2 Global Synchronous Reluctance Motor (SynRM) Sales Volume (2021-2032)
- 1.2.3 Global Synchronous Reluctance Motor (SynRM) Sales Price (2021-2032)
- 1.3 Synchronous Reluctance Motor (SynRM) Market Trends & Drivers
- 1.3.1 Synchronous Reluctance Motor (SynRM) Industry Trends
- 1.3.2 Synchronous Reluctance Motor (SynRM) Market Drivers & Opportunities
- 1.3.3 Synchronous Reluctance Motor (SynRM) Market Challenges
- 1.3.4 Impact of U.S. Tariffs
- 1.4 Assumptions and Limitations
- 1.5 Study Objectives
- 1.6 Years Considered
2 Competitive Analysis by Company
- 2.1 Global Synchronous Reluctance Motor (SynRM) Players Revenue Ranking (2025)
- 2.2 Global Synchronous Reluctance Motor (SynRM) Revenue by Company (2021-2026)
- 2.3 Global Synchronous Reluctance Motor (SynRM) Sales Volume Ranking of Players (2025)
- 2.4 Global Synchronous Reluctance Motor (SynRM) Sales Volume by Company (2021-2026)
- 2.5 Global Synchronous Reluctance Motor (SynRM) Average Price by Company (2021-2026)
- 2.6 Key Manufacturers Synchronous Reluctance Motor (SynRM) Manufacturing Base and Headquarters
- 2.7 Synchronous Reluctance Motor (SynRM) Market Competitive Analysis
- 2.7.1 Synchronous Reluctance Motor (SynRM) Market Concentration Rate (2021-2026)
- 2.7.2 Global 5 and 10 Largest Manufacturers by Synchronous Reluctance Motor (SynRM) Revenue in 2025
- 2.7.3 Global Companies by Tier (Tier 1, Tier 2, Tier 3), based on Synchronous Reluctance Motor (SynRM) revenue, 2025
- 2.8 Mergers & Acquisitions and Expansion
3 Segmentation Synchronous Reluctance Motor (SynRM) Market Classification
- 3.1 Introduction by Type
- 3.1.1 0-30 KW
- 3.1.2 30-100 KW
- 3.1.3 Above 100 KW
- 3.2 Global Synchronous Reluctance Motor (SynRM) Sales Value by Type
- 3.3 Global Synchronous Reluctance Motor (SynRM) Sales Volume by Type
- 3.4 Global Synchronous Reluctance Motor (SynRM) Average Price by Type (2021-2032)
4 Segmentation by Application
- 4.1 Introduction by Application
- 4.1.1 Process Industries
- 4.1.2 Discrete Industries
- 4.1.3 Transportation
- 4.2 Global Synchronous Reluctance Motor (SynRM) Sales Value by Application
- 4.2.1 Global Synchronous Reluctance Motor (SynRM) Sales Value by Application (2021 vs 2025 vs 2032)
- 4.2.2 Global Synchronous Reluctance Motor (SynRM) Sales Value, by Application (2021-2032)
- 4.2.3 Global Synchronous Reluctance Motor (SynRM) Sales Value, by Application (%), 2021-2032
- 4.3 Global Synchronous Reluctance Motor (SynRM) Sales Volume by Application
- 4.3.1 Global Synchronous Reluctance Motor (SynRM) Sales Volume by Application (2021 vs 2025 vs 2032)
- 4.3.2 Global Synchronous Reluctance Motor (SynRM) Sales Volume, by Application (2021-2032)
- 4.3.3 Global Synchronous Reluctance Motor (SynRM) Sales Volume, by Application (%), 2021-2032
- 4.4 Global Synchronous Reluctance Motor (SynRM) Average Price by Application (2021-2032)
5 Segmentation by Region
- 5.1 Global Synchronous Reluctance Motor (SynRM) Sales Value by Region
- 5.1.1 Global Synchronous Reluctance Motor (SynRM) Sales Value by Region: 2021 vs 2025 vs 2032
- 5.1.2 Global Synchronous Reluctance Motor (SynRM) Sales Value by Region (2021-2026)
- 5.1.3 Global Synchronous Reluctance Motor (SynRM) Sales Value by Region (2027-2032)
- 5.1.4 Global Synchronous Reluctance Motor (SynRM) Sales Value by Region (%), 2021-2032
- 5.2 Global Synchronous Reluctance Motor (SynRM) Sales Volume by Region
- 5.2.1 Global Synchronous Reluctance Motor (SynRM) Sales Volume by Region: 2021 vs 2025 vs 2032
- 5.2.2 Global Synchronous Reluctance Motor (SynRM) Sales Volume by Region (2021-2026)
- 5.2.3 Global Synchronous Reluctance Motor (SynRM) Sales Volume by Region (2027-2032)
- 5.2.4 Global Synchronous Reluctance Motor (SynRM) Sales Volume by Region (%), 2021-2032
- 5.3 Global Synchronous Reluctance Motor (SynRM) Average Price by Region (2021-2032)
- 5.4 North America
- 5.4.1 North America Synchronous Reluctance Motor (SynRM) Sales Value, 2021-2032
- 5.4.2 North America Synchronous Reluctance Motor (SynRM) Sales Value by Country (%), 2025 vs 2032
- 5.5 Europe
- 5.5.1 Europe Synchronous Reluctance Motor (SynRM) Sales Value, 2021-2032
- 5.5.2 Europe Synchronous Reluctance Motor (SynRM) Sales Value by Country (%), 2025 vs 2032
- 5.6 Asia Pacific
- 5.6.1 Asia Pacific Synchronous Reluctance Motor (SynRM) Sales Value, 2021-2032
- 5.6.2 Asia Pacific Synchronous Reluctance Motor (SynRM) Sales Value by Region (%), 2025 vs 2032
- 5.7 South America
- 5.7.1 South America Synchronous Reluctance Motor (SynRM) Sales Value, 2021-2032
- 5.7.2 South America Synchronous Reluctance Motor (SynRM) Sales Value by Country (%), 2025 vs 2032
- 5.8 Middle East & Africa
- 5.8.1 Middle East & Africa Synchronous Reluctance Motor (SynRM) Sales Value, 2021-2032
- 5.8.2 Middle East & Africa Synchronous Reluctance Motor (SynRM) Sales Value by Country (%), 2025 vs 2032
6 Segmentation by Key Countries/Regions
- 6.1 Key Countries/Regions Synchronous Reluctance Motor (SynRM) Sales Value Growth Trends, 2021 vs 2025 vs 2032
- 6.2 Key Countries/Regions Synchronous Reluctance Motor (SynRM) Sales Value and Sales Volume
- 6.2.1 Key Countries/Regions Synchronous Reluctance Motor (SynRM) Sales Value, 2021-2032
- 6.2.2 Key Countries/Regions Synchronous Reluctance Motor (SynRM) Sales Volume, 2021-2032
- 6.3 United States
- 6.3.1 United States Synchronous Reluctance Motor (SynRM) Sales Value, 2021-2032
- 6.3.2 United States Synchronous Reluctance Motor (SynRM) Sales Value by Type (%), 2025 vs 2032
- 6.3.3 United States Synchronous Reluctance Motor (SynRM) Sales Value by Application, 2025 vs 2032
- 6.4 Europe
- 6.4.1 Europe Synchronous Reluctance Motor (SynRM) Sales Value, 2021-2032
- 6.4.2 Europe Synchronous Reluctance Motor (SynRM) Sales Value by Type (%), 2025 vs 2032
- 6.4.3 Europe Synchronous Reluctance Motor (SynRM) Sales Value by Application, 2025 vs 2032
- 6.5 China
- 6.5.1 China Synchronous Reluctance Motor (SynRM) Sales Value, 2021-2032
- 6.5.2 China Synchronous Reluctance Motor (SynRM) Sales Value by Type (%), 2025 vs 2032
- 6.5.3 China Synchronous Reluctance Motor (SynRM) Sales Value by Application, 2025 vs 2032
- 6.6 Japan
- 6.6.1 Japan Synchronous Reluctance Motor (SynRM) Sales Value, 2021-2032
- 6.6.2 Japan Synchronous Reluctance Motor (SynRM) Sales Value by Type (%), 2025 vs 2032
- 6.6.3 Japan Synchronous Reluctance Motor (SynRM) Sales Value by Application, 2025 vs 2032
- 6.7 South Korea
- 6.7.1 South Korea Synchronous Reluctance Motor (SynRM) Sales Value, 2021-2032
- 6.7.2 South Korea Synchronous Reluctance Motor (SynRM) Sales Value by Type (%), 2025 vs 2032
- 6.7.3 South Korea Synchronous Reluctance Motor (SynRM) Sales Value by Application, 2025 vs 2032
- 6.8 Southeast Asia
- 6.8.1 Southeast Asia Synchronous Reluctance Motor (SynRM) Sales Value, 2021-2032
- 6.8.2 Southeast Asia Synchronous Reluctance Motor (SynRM) Sales Value by Type (%), 2025 vs 2032
- 6.8.3 Southeast Asia Synchronous Reluctance Motor (SynRM) Sales Value by Application, 2025 vs 2032
- 6.9 India
- 6.9.1 India Synchronous Reluctance Motor (SynRM) Sales Value, 2021-2032
- 6.9.2 India Synchronous Reluctance Motor (SynRM) Sales Value by Type (%), 2025 vs 2032
- 6.9.3 India Synchronous Reluctance Motor (SynRM) Sales Value by Application, 2025 vs 2032
7 Company Profiles
- 7.1 ABB
- 7.1.1 ABB Company Information
- 7.1.2 ABB Introduction and Business Overview
- 7.1.3 ABB Synchronous Reluctance Motor (SynRM) Sales, Revenue, Price and Gross Margin (2021-2026)
- 7.1.4 ABB Synchronous Reluctance Motor (SynRM) Product Offerings
- 7.1.5 ABB Recent Developments
- 7.2 Danfoss
- 7.2.1 Danfoss Company Information
- 7.2.2 Danfoss Introduction and Business Overview
- 7.2.3 Danfoss Synchronous Reluctance Motor (SynRM) Sales, Revenue, Price and Gross Margin (2021-2026)
- 7.2.4 Danfoss Synchronous Reluctance Motor (SynRM) Product Offerings
- 7.2.5 Danfoss Recent Developments
- 7.3 Innomotics
- 7.3.1 Innomotics Company Information
- 7.3.2 Innomotics Introduction and Business Overview
- 7.3.3 Innomotics Synchronous Reluctance Motor (SynRM) Sales, Revenue, Price and Gross Margin (2021-2026)
- 7.3.4 Innomotics Synchronous Reluctance Motor (SynRM) Product Offerings
- 7.3.5 Innomotics Recent Developments
- 7.4 KSB (REEL)
- 7.4.1 KSB (REEL) Company Information
- 7.4.2 KSB (REEL) Introduction and Business Overview
- 7.4.3 KSB (REEL) Synchronous Reluctance Motor (SynRM) Sales, Revenue, Price and Gross Margin (2021-2026)
- 7.4.4 KSB (REEL) Synchronous Reluctance Motor (SynRM) Product Offerings
- 7.4.5 KSB (REEL) Recent Developments
- 7.5 Bonfiglioli
- 7.5.1 Bonfiglioli Company Information
- 7.5.2 Bonfiglioli Introduction and Business Overview
- 7.5.3 Bonfiglioli Synchronous Reluctance Motor (SynRM) Sales, Revenue, Price and Gross Margin (2021-2026)
- 7.5.4 Bonfiglioli Synchronous Reluctance Motor (SynRM) Product Offerings
- 7.5.5 Bonfiglioli Recent Developments
- 7.6 Oemer Motori
- 7.6.1 Oemer Motori Company Information
- 7.6.2 Oemer Motori Introduction and Business Overview
- 7.6.3 Oemer Motori Synchronous Reluctance Motor (SynRM) Sales, Revenue, Price and Gross Margin (2021-2026)
- 7.6.4 Oemer Motori Synchronous Reluctance Motor (SynRM) Product Offerings
- 7.7 Nidec Leroy-Somer
- 7.7.1 Nidec Leroy-Somer Company Information
- 7.7.2 Nidec Leroy-Somer Introduction and Business Overview
- 7.7.3 Nidec Leroy-Somer Synchronous Reluctance Motor (SynRM) Sales, Revenue, Price and Gross Margin (2021-2026)
- 7.7.4 Nidec Leroy-Somer Synchronous Reluctance Motor (SynRM) Product Offerings
- 7.7.5 Nidec Leroy-Somer Recent Developments
- 7.8 Delta Electronics
- 7.8.1 Delta Electronics Company Information
- 7.8.2 Delta Electronics Introduction and Business Overview
- 7.8.3 Delta Electronics Synchronous Reluctance Motor (SynRM) Sales, Revenue, Price and Gross Margin (2021-2026)
- 7.8.4 Delta Electronics Synchronous Reluctance Motor (SynRM) Product Offerings
- 7.8.5 Delta Electronics Recent Developments
- 7.9 TECO
- 7.9.1 TECO Company Information
- 7.9.2 TECO Introduction and Business Overview
- 7.9.3 TECO Synchronous Reluctance Motor (SynRM) Sales, Revenue, Price and Gross Margin (2021-2026)
- 7.9.4 TECO Synchronous Reluctance Motor (SynRM) Product Offerings
- 7.9.5 TECO Recent Developments
- 7.10 Changzhou Nanfang Motor
- 7.10.1 Changzhou Nanfang Motor Company Information
- 7.10.2 Changzhou Nanfang Motor Introduction and Business Overview
- 7.10.3 Changzhou Nanfang Motor Synchronous Reluctance Motor (SynRM) Sales, Revenue, Price and Gross Margin (2021-2026)
- 7.10.4 Changzhou Nanfang Motor Synchronous Reluctance Motor (SynRM) Product Offerings
- 7.10.5 Changzhou Nanfang Motor Recent Developments
- 7.11 Mark Elektriks
- 7.11.1 Mark Elektriks Company Information
- 7.11.2 Mark Elektriks Introduction and Business Overview
- 7.11.3 Mark Elektriks Synchronous Reluctance Motor (SynRM) Sales, Revenue, Price and Gross Margin (2021-2026)
- 7.11.4 Mark Elektriks Synchronous Reluctance Motor (SynRM) Product Offerings
- 7.12 Hezhong Energy
- 7.12.1 Hezhong Energy Company Information
- 7.12.2 Hezhong Energy Introduction and Business Overview
- 7.12.3 Hezhong Energy Synchronous Reluctance Motor (SynRM) Sales, Revenue, Price and Gross Margin (2021-2026)
- 7.12.4 Hezhong Energy Synchronous Reluctance Motor (SynRM) Product Offerings
- 7.12.5 Hezhong Energy Recent Developments
8 Industry Chain Analysis
- 8.1 Synchronous Reluctance Motor (SynRM) Industrial Chain
- 8.2 Synchronous Reluctance Motor (SynRM) Upstream Analysis
- 8.2.1 Key Suppliers of Raw Materials
- 8.2.2 Manufacturing Cost Structure
- 8.3 Midstream Analysis
- 8.4 Downstream Analysis (Customer Analysis)
- 8.5 Sales Model and Sales Channelss
- 8.5.1 Synchronous Reluctance Motor (SynRM) Sales Model
- 8.5.2 Sales Channels
- 8.5.3 Synchronous Reluctance Motor (SynRM) Distributors
9 Research Findings and Conclusion
10 Appendix
- 10.1 Research Methodology
- 10.1.1 Methodology/Research Approach
- 10.1.2 Data Source
- 10.2 Author Details
- 10.3 Disclaimer