How big is the electric motor sales market?

The global electric motor sales market size was estimated at USD 212.96 billion in 2025 and is expected to reach USD 229.18 billion in 2026.

What is the electric motor sales market growth?

The global electric motor sales market is expected to grow at a compound annual growth rate of 8.5% from 2026 to 2033 to reach USD 405.67 billion by 2033.

Which segment accounted for the largest electric motor sales market share?

Asia-Pacific electric motor dominated the market with a share of over 47% in 2025, driven by rapid industrialization, large-scale infrastructure development, and accelerating electrification. Rising investments in smart factories, expansion of HVAC and commercial building projects, and increasing adoption of automation in emerging economies are boosting demand for efficient and reliable motor systems. Government initiatives supporting industrial modernization and energy efficiency are encouraging widespread deployment. These factors together position the Asia Pacific region as the growth driver for the electric motor industry.

Who are the key players in the electric motor sales market?

Some key players operating in the electric motor sales market include ABB, Allied Motion, Inc., AMETEK.Inc., Johnson Electric Holdings Limited, Nidec Motor Corporation, Franklin Electric, Regal Rexnord Corporation, Schneider Electric, Siemens AG, ORIENTAL MOTOR USA CORP.

What are the factors driving the electric motor sales market?

Key factors that are driving 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.

Which motor type segment dominated the electric motor sales market in 2025?

The AC motor segment led the electric motor sales market, accounting for the largest revenue share of over 70% % in 2025 and is attributable to AC motors' extensive applications ranging from irrigation pumps to modern-day robotics.

Which motor type segment in the electric motor sales market is poised to experience the fastest CAGR from 2026 to 2033?

The DC motor segment is projected to witness the highest CAGR of over 9% from 2026 to 2033 and is supported by rising demand for precise speed control and high torque at low speeds. DC motors are increasingly used in electric vehicles, robotics, and battery-powered equipment due to their compatibility with electronic control systems.