Industrial Motors Market 2028 Voltage, Type, End-user and Geography | The Insight Partners

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Industrial Motors Market Forecast to 2028 - COVID-19 Impact and Global Analysis by Voltage (Low Voltage, Medium Voltage, High Voltage); Type (AC, DC); End-user (Oil and Gas, Chemicals and Petrochemicals, Mining, Water and Wastewater, Power, Marine, Manufacturing, Others) and Geography

Report Code: TIPRE00010763 | No. of Pages: 150 | Category: Electronics and Semiconductor | Status: Upcoming


Industrial motors are the electric motor that converts electrical energy into mechanical energy. The rising demand for customized industrial high voltage motors is positively impacting the growth of the industrial motors market over the forecast period. Moreover, technological advancements and increasing integration of automation in the industrial sector triggers the growth of the industrial motors market during the forecast period.


An increase in focus on energy-efficient, low maintenance, longer operating life, and low power consumption are some of the factors driving the growth of the industrial motors market. However, the high cost of the industrial motor is the key hindering factor for the growth of the industrial motors market. The wide range of applications of this motor in oil and gas, chemical, petrochemical, power generation, marine, mining, and among others are expected to drive the growth of the industrial motors market.


The "Global Industrial Motors Market Analysis to 2028" is a specialized and in-depth study of the Industrial motors industry with a special focus on the global market trend analysis. The report aims to provide an overview industrial motors market with detailed market segmentation by voltage, type, end-user, and geography. The global industrial motors market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Industrial motors market players and offers key trends and opportunities in the industrial motors market.


The global industrial motors market is segmented on the basis of voltage, type, end-user. On the basis of voltage the market is segmented as low voltage, medium voltage, high voltage. On the basis of type the market is segmented as AC, DC. On the basis of end-user the market is segmented as oil and gas, chemicals and petrochemicals, mining, water and wastewater, power, marine, manufacturing, others.


The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Industrial motors market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The industrial motors market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

The report analyzes factors affecting industrial motors market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the industrial motors market in these regions.

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The reports cover key developments in the industrial motors market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from Industrial motors market are anticipated to lucrative growth opportunities in the future with the rising demand for Industrial motors in the global market. Below mentioned is the list of few companies engaged in the industrial motors market.

The report also includes the profiles of key industrial motors companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.

  •  ABB
  •  General Electric Company
  •  Hitachi Industrial Equipment Systems Co., Ltd.
  •  Meidensha Corporation
  •  Nidec Motor Corporation
  •  Regal Beloit Corporation
  •  Siemens AG
  •  TECO Electric & Machinery Co., Ltd.
  •  Toshiba Corporation
  •  WEG Equipamentos Elétricos S.A.

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

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The List of Companies

1. ABB
2. General Electric Company
3. Hitachi Industrial Equipment Systems Co.,Ltd.
4. Meidensha Corporation
5. Nidec Motor Corporation
6. Regal Beloit Corporation
7. Siemens AG
8. TECO Electric and Machinery Co.,Ltd.
9. Toshiba Corporation
10. WEG Equipamentos Elétricos S.A.
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