Induction Motor Market: Global Market Size, Forecast, Insights, and Competitive Landscape
The global induction motor market is expected to grow at a CAGR of around 9.0% during 2023-2030. This report on global Induction Motor market report provides holistic understanding of the market along with market sizing, forecast, drivers, challenges, and competitive landscape. The report presents a clear picture of the global Induction Motor market by segmenting the market based on product type, application, end use, and region. Also, detailed profiles of companies operating in the induction motor market are provided in this report. We believe that this report will aid the professionals and industry stakeholders in making informed decision.
Market Drivers
Base Year: 2022
Historical Period: 2018-2022
Forecast Period: 2023-2030
Market by Product Type
Market Drivers
- Rising Focus on Reducing Greenhouse Gas Emissions
- Economical and Low Maintenance Cost
- Increasing Government Funding
- Shortage of Resources to Key Manufacturers
- High Installation Costs
Base Year: 2022
Historical Period: 2018-2022
Forecast Period: 2023-2030
Market by Product Type
- Single Phase Induction Motor
- Three Phase Induction Motor
- HVAC
- Fans
- Pumps
- Compressed Air
- Material Processing
- Material Handling
- Others
- Industrial
- Commercial
- Residential
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Russia
- Netherlands
- Rest of Europe
- North America
- United States
- Canada
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Rest of Asia Pacific
- Latin America
- Mexico
- Brazil
- Argentina
- Rest of Latin America
- Middle East & Africa
- Saudi Arabia
- Turkey
- Iran
- Rest of Middle East & Africa
1. PREFACE
1.1 Objective
1.2 Target Audience & Key Offerings
1.3 Report’s Scope
1.4 Research Methodology
1.4.1 Phase I
1.4.2 Phase II
1.4.3 Phase III
1.5 Assumptions
2. KEY INSIGHTS
3. GLOBAL INDUCTION MOTOR MARKET
3.1. Introduction
3.2. Market Drivers
3.3. Market Challenges
4. GLOBAL INDUCTION MOTOR MARKET ANALYSIS
4.1. Market Portraiture
4.2. Market Size
4.3. Market Forecast
4.4. Impact of COVID-19
5. GLOBAL INDUCTION MOTOR MARKET BY PRODUCT TYPE
5.1. Introduction
5.2. Single Phase Induction Motor
5.3. Three Phase Induction Motor
6. GLOBAL INDUCTION MOTOR MARKET BY APPLICATION
6.1. Introduction
6.2. HVAC
6.3. Fans
6.4. Pumps
6.5. Compressed Air
6.6. Material Processing
6.7. Material Handling
6.8. Others
7. GLOBAL INDUCTION MOTOR MARKET BY END USE
7.1. Introduction
7.2. Industrial
7.3. Commercial
7.4. Residential
8. GLOBAL INDUCTION MOTOR MARKET BY REGION
8.1 Introduction
8.2 Europe
8.2.1 Germany
8.2.2 United Kingdom
8.2.3 France
8.2.4 Italy
8.2.5 Spain
8.2.6 Russia
8.2.7 Netherlands
8.2.8 Rest of the Europe
8.3 North America
8.3.1 United States
8.3.2 Canada
8.4 Asia Pacific
8.4.1 China
8.4.2 Japan
8.4.3 India
8.4.4 South Korea
8.4.5 Australia
8.4.6 Indonesia
8.4.7 Rest of the Asia Pacific
8.5 Latin America
8.5.1 Mexico
8.5.2 Brazil
8.5.3 Argentina
8.5.4 Rest of Latin America
8.6 Middle East & Africa
8.6.1 Saudi Arabia
8.6.2 Turkey
8.6.3 Iran
8.6.4 Rest of Middle East & Africa
9. SWOT ANALYSIS
10. PORTER’S FIVE FORCES
11. MARKET VALUE CHAIN ANALYSIS
12. COMPETITIVE LANDSCAPE
12.1 Competitive Scenario
12.2 Company Profiles
12.2.1 ABB
12.2.2 Ametek
12.2.3 Emerson Electric
12.2.4 Siemens
12.2.5 WEG
12.2.6 Baldor Electric
12.2.7 Brook Crompton
12.2.8 Danaher Corporation
12.2.9 Johnson Electric Holdings
12.2.10 Regal Beloit
12.2.11 Schneider Electric SE
12.2.12 Kirloskar Electric Company
12.2.13 Marathon Electric
1.1 Objective
1.2 Target Audience & Key Offerings
1.3 Report’s Scope
1.4 Research Methodology
1.4.1 Phase I
1.4.2 Phase II
1.4.3 Phase III
1.5 Assumptions
2. KEY INSIGHTS
3. GLOBAL INDUCTION MOTOR MARKET
3.1. Introduction
3.2. Market Drivers
3.3. Market Challenges
4. GLOBAL INDUCTION MOTOR MARKET ANALYSIS
4.1. Market Portraiture
4.2. Market Size
4.3. Market Forecast
4.4. Impact of COVID-19
5. GLOBAL INDUCTION MOTOR MARKET BY PRODUCT TYPE
5.1. Introduction
5.2. Single Phase Induction Motor
5.3. Three Phase Induction Motor
6. GLOBAL INDUCTION MOTOR MARKET BY APPLICATION
6.1. Introduction
6.2. HVAC
6.3. Fans
6.4. Pumps
6.5. Compressed Air
6.6. Material Processing
6.7. Material Handling
6.8. Others
7. GLOBAL INDUCTION MOTOR MARKET BY END USE
7.1. Introduction
7.2. Industrial
7.3. Commercial
7.4. Residential
8. GLOBAL INDUCTION MOTOR MARKET BY REGION
8.1 Introduction
8.2 Europe
8.2.1 Germany
8.2.2 United Kingdom
8.2.3 France
8.2.4 Italy
8.2.5 Spain
8.2.6 Russia
8.2.7 Netherlands
8.2.8 Rest of the Europe
8.3 North America
8.3.1 United States
8.3.2 Canada
8.4 Asia Pacific
8.4.1 China
8.4.2 Japan
8.4.3 India
8.4.4 South Korea
8.4.5 Australia
8.4.6 Indonesia
8.4.7 Rest of the Asia Pacific
8.5 Latin America
8.5.1 Mexico
8.5.2 Brazil
8.5.3 Argentina
8.5.4 Rest of Latin America
8.6 Middle East & Africa
8.6.1 Saudi Arabia
8.6.2 Turkey
8.6.3 Iran
8.6.4 Rest of Middle East & Africa
9. SWOT ANALYSIS
10. PORTER’S FIVE FORCES
11. MARKET VALUE CHAIN ANALYSIS
12. COMPETITIVE LANDSCAPE
12.1 Competitive Scenario
12.2 Company Profiles
12.2.1 ABB
12.2.2 Ametek
12.2.3 Emerson Electric
12.2.4 Siemens
12.2.5 WEG
12.2.6 Baldor Electric
12.2.7 Brook Crompton
12.2.8 Danaher Corporation
12.2.9 Johnson Electric Holdings
12.2.10 Regal Beloit
12.2.11 Schneider Electric SE
12.2.12 Kirloskar Electric Company
12.2.13 Marathon Electric
LIST OF TABLES
Table 1: Global Induction Motor Market Portraiture
Table 2: Global Induction Motor Market by Product Type (in US$ Million), 2022 & 2030
Table 3: Global Induction Motor Market by Application (in US$ Million), 2022 & 2030
Table 4: Global Induction Motor Market by End Use (in US$ Million), 2022 & 2030
Table 5: Global Induction Motor Market by Region (in US$ Million), 2022 & 2030
Table 6: Europe Induction Motor Market by Country (in US$ Million), 2022 & 2030
Table 7: North America Induction Motor Market by Country (in US$ Million), 2022 & 2030
Table 8: Asia Pacific Induction Motor Market by Country (in US$ Million), 2022 & 2030
Table 9: Latin America Induction Motor Market by Country (in US$ Million), 2022 & 2030
Table 10: Middle East & Africa Induction Motor Market by Country (in US$ Million), 2022 & 2030
Table 11: List of Key Players
Table 1: Global Induction Motor Market Portraiture
Table 2: Global Induction Motor Market by Product Type (in US$ Million), 2022 & 2030
Table 3: Global Induction Motor Market by Application (in US$ Million), 2022 & 2030
Table 4: Global Induction Motor Market by End Use (in US$ Million), 2022 & 2030
Table 5: Global Induction Motor Market by Region (in US$ Million), 2022 & 2030
Table 6: Europe Induction Motor Market by Country (in US$ Million), 2022 & 2030
Table 7: North America Induction Motor Market by Country (in US$ Million), 2022 & 2030
Table 8: Asia Pacific Induction Motor Market by Country (in US$ Million), 2022 & 2030
Table 9: Latin America Induction Motor Market by Country (in US$ Million), 2022 & 2030
Table 10: Middle East & Africa Induction Motor Market by Country (in US$ Million), 2022 & 2030
Table 11: List of Key Players
LIST OF FIGURES
Figure 1: Global Induction Motor Market (in US$ Million), 2018-2022
Figure 2: Global Induction Motor Market by Product Type, 2022
Figure 3: Global Induction Motor Market by Application, 2022
Figure 4: Global Induction Motor Market by End Use, 2022
Figure 5: Global Induction Motor Market by Region, 2022
Figure 6: Global Induction Motor Market (in US$ Million), 2023-2030
Figure 7: Global Induction Motor Market by Product Type (in %), 2022 & 2030
Figure 8: Global Single Phase Induction Motor Market (in US$ Million), 2018-2022
Figure 9: Global Single Phase Induction Motor Market (in US$ Million), 2023-2030
Figure 10: Global Three Phase Induction Motor Market (in US$ Million), 2018-2022
Figure 11: Global Three Phase Induction Motor Market (in US$ Million), 2023-2030
Figure 12: Global Induction Motor Market by Application (in %), 2022 & 2030
Figure 13: Global HVAC Induction Motor Market (in US$ Million), 2018-2022
Figure 14: Global HVAC Induction Motor Market (in US$ Million), 2023-2030
Figure 15: Global Fans Induction Motor Market (in US$ Million), 2018-2022
Figure 16: Global Fans Induction Motor Market (in US$ Million), 2023-2030
Figure 17: Global Pumps Induction Motor Market (in US$ Million), 2018-2022
Figure 18: Global Pumps Induction Motor Market (in US$ Million), 2023-2030
Figure 19: Global Compressed Air Induction Motor Market (in US$ Million), 2018-2022
Figure 20: Global Compressed Air Induction Motor Market (in US$ Million), 2023-2030
Figure 21: Global Material Processing Induction Motor Market (in US$ Million), 2018-2022
Figure 22: Global Material Processing Induction Motor Market (in US$ Million), 2023-2030
Figure 23: Global Material Handling Induction Motor Market (in US$ Million), 2018-2022
Figure 24: Global Material Handling Induction Motor Market (in US$ Million), 2023-2030
Figure 25: Global Others Induction Motor Market (in US$ Million), 2018-2022
Figure 26: Global Others Induction Motor Market (in US$ Million), 2023-2030
Figure 27: Global Induction Motor Market by End Use (in %), 2022 & 2030
Figure 28: Global Industrial Induction Motor Market (in US$ Million), 2018-2022
Figure 29: Global Industrial Induction Motor Market (in US$ Million), 2023-2030
Figure 30: Global Commercial Induction Motor Market (in US$ Million), 2018-2022
Figure 31: Global Commercial Induction Motor Market (in US$ Million), 2023-2030
Figure 32: Global Residential Induction Motor Market (in US$ Million), 2018-2022
Figure 33: Global Residential Induction Motor Market (in US$ Million), 2023-2030
Figure 34: Global Induction Motor Market by Region (in %), 2022 & 2030
Figure 35: Europe Induction Motor Market (in US$ Million), 2018-2022
Figure 36: Europe Induction Motor Market (in US$ Million), 2023-2030
Figure 37: Europe Induction Motor Market by Country (in %), 2022 & 2030
Figure 38: Germany Induction Motor Market (in US$ Million), 2018-2030
Figure 39: United Kingdom Induction Motor Market (in US$ Million), 2018-2030
Figure 40: France Induction Motor Market (in US$ Million), 2018-2030
Figure 41: Italy Induction Motor Market (in US$ Million), 2018-2030
Figure 42: Spain Induction Motor Market (in US$ Million), 2018-2030
Figure 43: Russia Induction Motor Market (in US$ Million), 2018-2030
Figure 44: Netherlands Induction Motor Market (in US$ Million), 2018-2030
Figure 45: North America Induction Motor Market (in US$ Million), 2018-2022
Figure 46: North America Induction Motor Market (in US$ Million), 2023-2030
Figure 47: North America Induction Motor Market by Country (in %), 2022 & 2030
Figure 48: United States Induction Motor Market (in US$ Million), 2018-2030
Figure 49: Canada Induction Motor Market (in US$ Million), 2018-2030
Figure 50: Asia Pacific Induction Motor Market (in US$ Million), 2018-2022
Figure 51: Asia Pacific Induction Motor Market (in US$ Million), 2023-2030
Figure 52: Asia Pacific Induction Motor Market by Country (in %), 2022 & 2030
Figure 53: China Induction Motor Market (in US$ Million), 2018-2030
Figure 54: Japan Induction Motor Market (in US$ Million), 2018-2030
Figure 55: India Induction Motor Market (in US$ Million), 2018-2030
Figure 56: South Korea Induction Motor Market (in US$ Million), 2018-2030
Figure 57: Australia Induction Motor Market (in US$ Million), 2018-2030
Figure 58: Indonesia Induction Motor Market (in US$ Million), 2018-2030
Figure 59: Latin America Induction Motor Market (in US$ Million), 2018-2022
Figure 60: Latin America Induction Motor Market (in US$ Million), 2023-2030
Figure 61: Latin America Induction Motor Market by Country (in %), 2022 & 2030
Figure 62: Mexico Induction Motor Market (in US$ Million), 2018-2030
Figure 63: Brazil Induction Motor Market (in US$ Million), 2018-2030
Figure 64: Argentina Induction Motor Market (in US$ Million), 2018-2030
Figure 65: Middle East & Africa Induction Motor Market (in US$ Million), 2018-2022
Figure 66: Middle East & Africa Induction Motor Market (in US$ Million), 2023-2030
Figure 67: Middle East & Africa Induction Motor Market by Country (in %), 2022 & 2030
Figure 68: Saudi Arabia Induction Motor Market (in US$ Million), 2018-2030
Figure 69: Turkey Induction Motor Market (in US$ Million), 2018-2030
Figure 70: Iran Induction Motor Market (in US$ Million), 2018-2030
Figure 71: Market Value Chain
Figure 1: Global Induction Motor Market (in US$ Million), 2018-2022
Figure 2: Global Induction Motor Market by Product Type, 2022
Figure 3: Global Induction Motor Market by Application, 2022
Figure 4: Global Induction Motor Market by End Use, 2022
Figure 5: Global Induction Motor Market by Region, 2022
Figure 6: Global Induction Motor Market (in US$ Million), 2023-2030
Figure 7: Global Induction Motor Market by Product Type (in %), 2022 & 2030
Figure 8: Global Single Phase Induction Motor Market (in US$ Million), 2018-2022
Figure 9: Global Single Phase Induction Motor Market (in US$ Million), 2023-2030
Figure 10: Global Three Phase Induction Motor Market (in US$ Million), 2018-2022
Figure 11: Global Three Phase Induction Motor Market (in US$ Million), 2023-2030
Figure 12: Global Induction Motor Market by Application (in %), 2022 & 2030
Figure 13: Global HVAC Induction Motor Market (in US$ Million), 2018-2022
Figure 14: Global HVAC Induction Motor Market (in US$ Million), 2023-2030
Figure 15: Global Fans Induction Motor Market (in US$ Million), 2018-2022
Figure 16: Global Fans Induction Motor Market (in US$ Million), 2023-2030
Figure 17: Global Pumps Induction Motor Market (in US$ Million), 2018-2022
Figure 18: Global Pumps Induction Motor Market (in US$ Million), 2023-2030
Figure 19: Global Compressed Air Induction Motor Market (in US$ Million), 2018-2022
Figure 20: Global Compressed Air Induction Motor Market (in US$ Million), 2023-2030
Figure 21: Global Material Processing Induction Motor Market (in US$ Million), 2018-2022
Figure 22: Global Material Processing Induction Motor Market (in US$ Million), 2023-2030
Figure 23: Global Material Handling Induction Motor Market (in US$ Million), 2018-2022
Figure 24: Global Material Handling Induction Motor Market (in US$ Million), 2023-2030
Figure 25: Global Others Induction Motor Market (in US$ Million), 2018-2022
Figure 26: Global Others Induction Motor Market (in US$ Million), 2023-2030
Figure 27: Global Induction Motor Market by End Use (in %), 2022 & 2030
Figure 28: Global Industrial Induction Motor Market (in US$ Million), 2018-2022
Figure 29: Global Industrial Induction Motor Market (in US$ Million), 2023-2030
Figure 30: Global Commercial Induction Motor Market (in US$ Million), 2018-2022
Figure 31: Global Commercial Induction Motor Market (in US$ Million), 2023-2030
Figure 32: Global Residential Induction Motor Market (in US$ Million), 2018-2022
Figure 33: Global Residential Induction Motor Market (in US$ Million), 2023-2030
Figure 34: Global Induction Motor Market by Region (in %), 2022 & 2030
Figure 35: Europe Induction Motor Market (in US$ Million), 2018-2022
Figure 36: Europe Induction Motor Market (in US$ Million), 2023-2030
Figure 37: Europe Induction Motor Market by Country (in %), 2022 & 2030
Figure 38: Germany Induction Motor Market (in US$ Million), 2018-2030
Figure 39: United Kingdom Induction Motor Market (in US$ Million), 2018-2030
Figure 40: France Induction Motor Market (in US$ Million), 2018-2030
Figure 41: Italy Induction Motor Market (in US$ Million), 2018-2030
Figure 42: Spain Induction Motor Market (in US$ Million), 2018-2030
Figure 43: Russia Induction Motor Market (in US$ Million), 2018-2030
Figure 44: Netherlands Induction Motor Market (in US$ Million), 2018-2030
Figure 45: North America Induction Motor Market (in US$ Million), 2018-2022
Figure 46: North America Induction Motor Market (in US$ Million), 2023-2030
Figure 47: North America Induction Motor Market by Country (in %), 2022 & 2030
Figure 48: United States Induction Motor Market (in US$ Million), 2018-2030
Figure 49: Canada Induction Motor Market (in US$ Million), 2018-2030
Figure 50: Asia Pacific Induction Motor Market (in US$ Million), 2018-2022
Figure 51: Asia Pacific Induction Motor Market (in US$ Million), 2023-2030
Figure 52: Asia Pacific Induction Motor Market by Country (in %), 2022 & 2030
Figure 53: China Induction Motor Market (in US$ Million), 2018-2030
Figure 54: Japan Induction Motor Market (in US$ Million), 2018-2030
Figure 55: India Induction Motor Market (in US$ Million), 2018-2030
Figure 56: South Korea Induction Motor Market (in US$ Million), 2018-2030
Figure 57: Australia Induction Motor Market (in US$ Million), 2018-2030
Figure 58: Indonesia Induction Motor Market (in US$ Million), 2018-2030
Figure 59: Latin America Induction Motor Market (in US$ Million), 2018-2022
Figure 60: Latin America Induction Motor Market (in US$ Million), 2023-2030
Figure 61: Latin America Induction Motor Market by Country (in %), 2022 & 2030
Figure 62: Mexico Induction Motor Market (in US$ Million), 2018-2030
Figure 63: Brazil Induction Motor Market (in US$ Million), 2018-2030
Figure 64: Argentina Induction Motor Market (in US$ Million), 2018-2030
Figure 65: Middle East & Africa Induction Motor Market (in US$ Million), 2018-2022
Figure 66: Middle East & Africa Induction Motor Market (in US$ Million), 2023-2030
Figure 67: Middle East & Africa Induction Motor Market by Country (in %), 2022 & 2030
Figure 68: Saudi Arabia Induction Motor Market (in US$ Million), 2018-2030
Figure 69: Turkey Induction Motor Market (in US$ Million), 2018-2030
Figure 70: Iran Induction Motor Market (in US$ Million), 2018-2030
Figure 71: Market Value Chain