Electric Motor Market - Top Companies and Manufacturers

Companies Dominating the Electric Motor Landscape

Prominent industry participants are making significant R&D investments to broaden their product offerings, hence contributing to the further expansion of the electric motor market. Some major participants in the industry are:

Cabot Corporation
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
ABB Ltd.
Johnson Electric Holdings Limited
Allied Motion Technologies, Inc.
Ametek Inc.
Nidec Motor Corporation
Siemens
Franklin Electric Co., Inc.
Schneider Electric
Regal Rexnord Corporation

Browse Key Market Insights with Data Illustration:

Electric Motor Market Size & Share | Growth Report 2037

In the News

ABB Ltd. Robotics introduced OmniCoreTM, a quicker, more accurate, and more sustainable intelligent automation platform, in 2024 to empower, improve, and future-proof enterprises.
Johnson Electric received the Silver Medal from EcoVadis on January 25, 2024, putting us in the top 15% of over 100,000 enterprises from 175 countries in terms of sustainability. Four major criteria are used by EcoVadis, a worldwide renowned assessment platform, to rank the sustainability of businesses: environmental effects, labor and human rights, ethics, and procurement procedures.

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of electric motor is assessed at USD 148.94 billion.

The electric motor market size was valued at USD 140.62 billion in 2024 and is expected to reach USD 355.72 billion by 2037, registering around 7.4% CAGR during the forecast period i.e., between 2025-2037. The market growth is propelled by increasing demand for energy-efficient motors.

Asia Pacific industry is anticipated to account for largest revenue share of 38% by 2037, influenced by rapid industrialization in this region.

The major players in the market are ABB Ltd., Johnson Electric Holdings Limited, Allied Motion Technologies, Inc., Ametek Inc., Nidec Motor Corporation, Siemens, Franklin Electric Co., Inc., Schneider Electric, Regal Rexnord Corporation, ORIENTAL MOTOR USA CORP., Mitsubishi Electric Corporation, Hitachi, Ltd., Fuji Electric Co., Ltd., Terra Motors Corporation, Toyota Motor Corporation, and others.

Electric Motor Market - Top Companies and Manufacturers

Companies Dominating the Electric Motor Landscape

Browse Key Market Insights with Data Illustration:

In the News

Frequently Asked Questions (FAQ)

How much is the electric motor market worth?

Why is the demand for electric motor growing?

Which region dominated the majority of electric motor industry share?

Who are the top electric motor companies?