市場調查報告書
商品編碼
1541091
2024-2032 年按馬達類型(交流馬達、直流馬達等)、電壓、最終用戶和地區分類的工業馬達市場報告Industrial Motors Market Report by Type of Motor (Alternating Current Motor, Direct Current Motor, and Others), Voltage, End User, and Region 2024-2032 |
2023年全球工業馬達IMARC Group規模達235億美元。技術的快速進步、嚴格的能源法規的實施、工業的顯著成長和自動化、基礎設施投資的增加、全球能源價格的上漲、對客製化電機的需求不斷成長以及對永續性的日益重視是推動市場的一些主要因素。
工業馬達是指用於將電能轉換為機械能的電氣裝置。它們由多個部件組成,例如轉子、軸承、定子、繞組和框架。工業馬達廣泛應用於製造機械、採礦設備、水處理廠、泵站、輸送系統、電梯、船舶、再生能源工廠以及暖氣、通風和空調 (HVAC) 系統。它們提高營運效率、降低能耗、延長設備使用壽命、提供精確控制、提高可靠性、促進自動化、最大限度地減少維護要求並符合環境標準。
對交通系統、水處理設施和再生能源項目等基礎設施的投資不斷增加,需要工業馬達才能高效運行,推動了市場的成長。此外,全球能源價格不斷上漲也促進了產品需求,以提高能源效率並降低營運成本。此外,為滿足客戶獨特要求而對客製化馬達的需求不斷成長,也推動了市場的成長。除此之外,各行業擴大採用產品來替換老化電機,以符合現代標準並降低能耗,這正在加強市場的成長。此外,對永續發展的日益重視促使企業採用環保電機,包括節能工業電機。其他因素,包括快速的工業化活動、廣泛的研發 (R&D) 工作以及製造商和供應商之間不斷加強的合作,預計將推動市場成長。
科技的快速進步
技術的發展在工業電機市場中發揮著至關重要的作用。與此一致的是,電機設計和控制方面的創新導致了節能、智慧和高度整合的馬達系統的發展,從而推動了市場的成長。此外,材料科學、冷卻技術和電子控制系統的進步使馬達能夠以更高的性能運作並降低能耗,從而支持了市場的成長。除此之外,製造商擴大投資於研發(R&D),以推出具有物聯網(IoT)連接、預測性維護和遠端監控等功能的馬達。
實施嚴格的能源法規
各國政府和國際組織正在積極執行嚴格的能源法規,以應對氣候變遷並減少全球能源消耗。這些法規要求各行業採用符合某些標準和性能標準的節能設備,包括工業馬達。此外,各個地區都制定了馬達的最低效率性能標準,從而迫使製造商開發並業界使用滿足或超過這些閾值的馬達。同時,監管推動會產生連鎖效應,推動創新並鼓勵採用高效馬達。此外,它創造了一個競爭環境,使效率和遵守法規成為成功的關鍵決定因素,從而顯著影響工業馬達市場的動態。
顯著的工業成長和自動化
工業的快速成長,加上自動化的激增,是工業馬達市場擴張的核心。與此一致的是,製造、加工和汽車等行業為各種機械和設備提供動力的產品需求不斷成長,正在推動市場成長。此外,自動化技術中廣泛採用的產品可提供精確的控制和可靠的效能,這對市場成長產生了積極影響。除此之外,自動化裝配線和機器人技術中不斷成長的產品應用也是另一個成長誘導因素。除此之外,以互聯和自主系統為特徵的工業 4.0 的推動進一步強調了對能夠無縫整合到複雜工業環境中的先進馬達的需求。
The global industrial motors market size reached US$ 23.5 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 32.8 Billion by 2032, exhibiting a growth rate (CAGR) of 3.6% during 2024-2032. The rapid technological advancements, imposition of stringent energy regulations, significant industrial growth and automation, increasing investment in infrastructure, escalating energy prices across the globe, growing demand for customized motors, and increasing emphasis on sustainability are some of the major factors propelling the market.
Industrial motors refer to electrical devices used to convert electrical energy into mechanical energy. They are comprised of several components, such as rotors, bearings, stators, windings, and frames. Industrial motors are widely used in manufacturing machinery, mining equipment, water treatment plants, pumping stations, conveyor systems, elevators, marine vessels, renewable energy plants, and heating, ventilation, and air conditioning (HVAC) systems. They enhance operational efficiency, reduce energy consumption, extend equipment lifespan, provide precise control, increase reliability, facilitate automation, minimize maintenance requirements, and comply with environmental standards.
The increasing investment in infrastructures, such as transportation systems, water treatment facilities, and renewable energy projects, which require industrial motors to function efficiently, is propelling the market growth. Additionally, the escalating energy prices across the globe are facilitating product demand to promote energy efficiency and reduce operational costs. Furthermore, the growing demand for customized motors to meet clients' unique requirements is boosting the market growth. Apart from this, the rising product adoption across various industries to replace aging motors to comply with modern standards and reduce energy consumption is strengthening the market growth. Moreover, the increasing emphasis on sustainability is prompting companies to adopt eco-friendly, including energy-efficient industrial motors. Other factors, including rapid industrialization activities, extensive research and development (R&D) work, and the growing collaboration between manufacturers and suppliers, are anticipated to drive the market growth.
The rapid technological advancements
The evolution of technology is playing a crucial role in the industrial motors market. In line with this, the innovations in motor design and controls that are leading to the development of energy-efficient, intelligent, and highly integrated motor systems are boosting the market growth. Furthermore, the advancements in material science, cooling techniques, and electronic control systems, which allow motors to operate with enhanced performance and reduced energy consumption, are supporting the market growth. Apart from this, manufacturers are increasingly investing in research and development (R&D) to introduce motors with features such as the Internet of Things (IoT) connectivity, predictive maintenance, and remote monitoring.
The imposition of stringent energy regulations
Governments and international organizations are actively enforcing stringent energy regulations to combat climate change and reduce global energy consumption. These regulations require industries to adopt energy-efficient equipment, including industrial motors, that comply with certain standards and performance criteria. Furthermore, various regions have set minimum efficiency performance standards for motors, thus compelling manufacturers to develop and industries to utilize motors that meet or exceed these thresholds. Along with this, the regulatory push has a cascading effect, driving innovation and encouraging the adoption of high-efficiency motors. Moreover, it fosters a competitive environment where efficiency and compliance with regulations become key determinants of success, thereby significantly influencing the dynamics of the industrial motors market.
The significant industrial growth and automation
The rapid growth of industries, coupled with the surge in automation, is central to the expansion of the industrial motors market. In line with this, the growing product demand from industries, such as manufacturing, processing, and automotive to power various machinery and equipment is boosting the market growth. Furthermore, the widespread product adoption in automation technology to provide precise control and reliable performance is positively influencing the market growth. Along with this, the rising product application in automated assembly lines and robotics is acting as another growth-inducing factor. Apart from this, the push towards Industry 4.0, which is characterized by interconnected and autonomous systems, is further emphasizing the need for advanced motors that can seamlessly integrate into complex industrial environments.
IMARC Group provides an analysis of the key trends in each segment of the global industrial motors market report, along with forecasts at the global, regional and country levels from 2024-2032. Our report has categorized the market based on type of motor, voltage and end user.
Alternating Current (AC) Motor
Direct Current (DC) Motor
Others
Alternating current (AC) motor dominates the market
The report has provided a detailed breakup and analysis of the market based on the type of motor. This includes alternating current (AC) motor, direct current (DC) motor, and others. According to the report, alternating current (AC) motor represented the largest segment.
Alternating current (AC) motors are dominating the market as they are more energy-efficient compared to DC motors, especially in continuous operation scenarios. This alignment with energy conservation goals makes them more attractive to industries aiming to reduce operational costs. Furthermore, they are known for their simple construction and fewer components, making them less prone to wear and tear. This contributes to their reliability and lower maintenance needs, both of which are vital in industrial settings. Besides this, the production and maintenance of AC motors are less expensive compared to their DC counterparts. Moreover, the direct compatibility of AC motors with industrial and commercial power systems, which simplifies integration and eliminates the need for additional conversion equipment, is favoring the market growth.
Low Voltage
Medium Voltage
High Voltage
Low voltage dominates the market
The report has provided a detailed breakup and analysis of the market based on the voltage. This includes low, medium, and high voltage. According to the report, low voltage represented the largest segment.
Low voltage motors operate at a higher efficiency compared to their high voltage counterparts, which translates into energy savings, aligning with global energy conservation goals. Apart from this, they are suitable for a wide range of industrial applications, from simple conveyance systems to complex manufacturing machinery, which is contributing to the market growth. Additionally, low voltage motors can be more readily integrated into existing systems without the need for substantial infrastructure modifications. Furthermore, they allow the use of less expensive protection and control equipment, making them a more economical option. Besides this, the growing demand for low voltage motors to meet energy-efficiency standards and comply with electrical codes is contributing to the market growth.
Oil and Gas
Power Generation
Mining and Metals
Water and Wastewater Management
Chemicals and Petrochemicals
Discrete Manufacturing
Others
Oil and gas dominate the market
The report has provided a detailed breakup and analysis of the market based on the end user. This includes oil and gas, power generation, mining and metals, water and wastewater management, chemicals and petrochemicals, discrete manufacturing, and others. According to the report, oil and gas represented the largest market segment.
The oil and gas sector is dominating the market as it requires industrial motors to drive its various processes, such as drilling, extraction, refining, and transportation. Furthermore, the industry's operations are multifaceted and require a range of specialized equipment. In line with this, industrial motors play a vital role, offering precise control and consistent performance, thus making them indispensable to the industry. Besides this, the oil and gas industry is spread across the globe and operates in diverse and often remote locations. The extensive utilization of industrial motors within these various locations contributes to the market expansion. Moreover, the industry's emphasis on efficiency, safety, and environmental compliance, which has led to significant investments in technological advancements, including state-of-the-art industrial motors, is positively influencing the market growth.
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Asia Pacific exhibits a clear dominance in the market, accounting for the largest industrial motors market share
The report has also provided a comprehensive analysis of all the major regional markets, which includes North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, Asia Pacific represented the largest market segment.
Asia Pacific is witnessing fast-paced industrial growth in manufacturing, automotive, and construction, leading to the increased demand for industrial motors. Furthermore, the introduction of supportive policies by the regional governments promoting manufacturing and industrial development through incentives, subsidies, and favorable regulations is acting as another growth-inducing factor. Apart from this, the significant investments in infrastructure projects, such as railways, power plants, and water treatment facilities, which require the use of industrial motors, are supporting the market growth. Additionally, the increasing push towards energy conservation in the Asia Pacific, leading to the implementation of strict energy regulations and the adoption of energy-efficient motors, is strengthening the market growth. Moreover, the abundant supply of raw materials and labor force, which makes it a cost-effective hub for the manufacturing of industrial motors, attracting both local and foreign companies, is propelling the market growth.
The top industrial motor companies are creating advanced, energy-efficient, and intelligent motor solutions to provide a competitive edge and cater to diverse industrial applications. Furthermore, many companies are expanding their global footprint through strategic acquisitions, mergers, and partnerships to access new markets, share technological expertise, and optimize resources. Additionally, they are offering tailored solutions to meet specific customer requirements and enhance their product portfolios. Moreover, several key players are developing eco-friendly products that align with global sustainability goals and regulations. Along with this, they are emphasizing quality control and adherence to international standards to ensure that the motors meet stringent quality benchmarks. In addition, companies are providing comprehensive after-sales support, including maintenance, repair, and technical guidance, which aids in maintaining long-term relationships with customers and ensuring product longevity.
ABB Ltd.
Brook Crompton
Hitachi Ltd.
Johnson Electric Holdings Limited
Menzel Elektromotoren GmbH
Nidec Corporation
Regal Rexnord Corporation
Rockwell Automation Inc.
Siemens AG
Toshiba Corporation
In August 2021, ABB Ltd. announced its plan to expand its low-voltage motor facility in Faridabad, India.
In October 2022, Hitachi Ltd. announced its plan to expand its electrification business and provide inverters and motors to JATCO Ltd.
In February 2022, Menzel Elektromotoren GmbH signed a contract to begin the construction of a new and larger motor plant in Hennigsdorf, near Berlin.