• The global AC Electric Motor Sales in Oil and Gas Market was valued at approximately USD 13.8 billion in 2024 and is projected to reach around USD 19.6 billion by 2030, growing at a compound annual growth rate (CAGR) of 6.0% during the forecast period.

• North America dominated the market in 2024, driven by extensive oil exploration and drilling activities, shale gas production, and the modernization of existing oilfield infrastructure in the United States and Canada.

• The induction motor segment accounted for the largest market share, valued at approximately USD 8.2 billion in 2024, owing to its cost-effectiveness, rugged design, and wide use in pumps, compressors, and drilling equipment across oilfields.

• Growing investments in offshore drilling projects, pipeline infrastructure expansion, and automation in oil refineries are fueling the adoption of high-efficiency AC motors for reliable, continuous operations.

• Middle East and Africa are expected to witness strong growth through 2030, supported by ongoing capacity expansion projects, increased energy demand, and the adoption of energy-efficient motor technologies in countries such as Saudi Arabia, UAE, and Nigeria.

• Key market players include ABB Ltd., Siemens AG, WEG Electric Corp., Toshiba Corporation, and Regal Rexnord Corporation, focusing on delivering high-performance, explosion-proof, and energy-efficient motor solutions for oil and gas applications.

• Challenges such as volatile crude oil prices, high installation and maintenance costs, and fluctuating investment cycles in upstream operations may impact consistent market growth.

In this report, the AC Electric Motor Sales In Oil And Gas Market has been segmented by Type, Voltage, Output Power (HP), Output Power (kW), and Geography.

AC Electric Motor Sales In Oil And Gas Market Segmentation by Type

The Type segmentation identifies major motor categories that dominate the oil and gas industry, with product selection influenced by application environment, load demand, and energy efficiency targets. The rise of intelligent monitoring and condition-based maintenance systems continues to transform how induction and synchronous motors are deployed in upstream and downstream activities.

Induction

Induction motors hold a significant market share due to their durability, low maintenance requirements, and suitability for rugged environments. Their dominance in pumping and compression systems reflects decades of proven performance and cost-effectiveness. New developments in rotor design and variable frequency drives (VFDs) are enhancing operational flexibility and extending equipment lifespans.

Synchronous

Synchronous motors are preferred for high-efficiency and high-power applications such as drilling rigs, compressors, and blowers. They offer superior speed regulation and improved power factor correction, which are critical in high-capacity installations. Increasing focus on energy-efficient infrastructure is driving demand for synchronous motor systems integrated with smart automation.

AC Electric Motor Sales In Oil And Gas Market Segmentation by Voltage

The Voltage segmentation categorizes motors based on their electrical capacity and compatibility with industrial power systems. Voltage selection significantly impacts installation costs, energy efficiency, and maintenance cycles, particularly in offshore and onshore drilling operations. Companies are prioritizing motors with optimized voltage configurations to support enhanced grid stability and reduced downtime.

Less Than 1 kV

Less Than 1 kV motors are primarily used for low-power applications, including auxiliary systems, conveyors, and small-scale pumping operations. Their compact design and ease of integration make them ideal for facilities emphasizing operational flexibility and low energy consumption.

1-6.6 kV

1-6.6 kV motors serve as the industry standard for mid- to high-power applications across upstream and midstream operations. This range represents a balance between performance efficiency and power availability, often used in compressors and large fluid transport systems where consistent operation is critical.

More Than 6.6 kV

More Than 6.6 kV motors cater to heavy-duty, high-power processes requiring reliable torque and sustained operation under extreme conditions. These motors are pivotal in refinery and offshore platform operations, offering superior thermal management and energy recovery capabilities that reduce overall system costs.

AC Electric Motor Sales In Oil And Gas Market Segmentation by Output Power (HP)

The Output Power (HP) segmentation outlines the diversity of motor capacities tailored to the oil and gas sector’s operational needs. Motor horsepower directly influences energy output, process efficiency, and capital expenditure. Adoption trends reflect a shift toward systems capable of handling variable loads with maximum precision and minimal energy waste.

Less Than 1 HP

Less Than 1 HP motors are used in small auxiliary systems and control units, primarily within monitoring and peripheral applications. Their low energy draw supports auxiliary automation functions that enhance equipment reliability and facility performance consistency.

More Than 1 HP

More Than 1 HP motors represent the majority of industrial installations across upstream, midstream, and downstream segments. These motors drive critical equipment such as pumps, compressors, and separators, where durability, torque, and responsiveness are essential for continuous operation and cost control.

AC Electric Motor Sales In Oil And Gas Market Segmentation by Output Power (kW)

The Output Power (kW) segmentation emphasizes performance optimization, design scalability, and operational efficiency across diverse industrial loads. The increasing use of digital control systems and predictive analytics enhances reliability and maximizes uptime, supporting both environmental sustainability and energy optimization initiatives.

0.12-7.5 kW

0.12-7.5 kW motors are predominantly used in low-capacity systems requiring precision control and light mechanical loads. These are critical for auxiliary operations, safety mechanisms, and process monitoring where compact design and reliability are prioritized.

7.5-110 kW

7.5-110 kW motors serve in medium-scale pumping, mixing, and transmission applications, representing a key category for regional production facilities and onshore installations. These motors deliver balanced performance and cost-efficiency, making them popular in distributed energy environments.

110-1000 kW

110-1000 kW motors drive large-scale pumping systems, gas compressors, and mechanical drives in refining and offshore platforms. This range supports continuous-duty cycles, with strong adoption in high-performance sectors prioritizing mechanical robustness and power density.

Above 1000 kW

Above 1000 kW motors power the most demanding oil and gas operations including liquefaction, refining, and subsea pumping. With high torque and superior energy efficiency, they enable long-term operational stability and support industrial automation in deepwater and large refinery environments.

AC Electric Motor Sales In Oil And Gas Market Segmentation by Geography

In this report, the AC Electric Motor Sales In Oil And Gas Market has been segmented by Geography into five regions: North America, Europe, Asia Pacific, Middle East and Africa and Latin America.

North America

North America leads due to extensive upstream exploration and adoption of high-efficiency motor systems in shale and offshore projects. Collaboration between OEMs and oilfield operators accelerates the adoption of smart monitoring and predictive maintenance technologies, supporting reduced downtime and lifecycle cost optimization.

Europe

Europe maintains strong demand driven by modernization of refinery and LNG infrastructure. The region’s commitment to energy efficiency regulations and decarbonization initiatives is pushing investment in next-generation AC motor systems across industrial facilities and pipeline networks.

Asia Pacific

Asia Pacific is witnessing rapid expansion with rising industrial automation and increasing oil and gas exploration. Countries such as China, India, and Australia are key contributors, investing in large-scale projects that integrate high-efficiency motor technologies to boost operational productivity.

Middle East and Africa

Middle East and Africa remain vital markets due to abundant reserves and ongoing expansion of offshore platforms. Continuous government investment in refining and energy diversification projects supports sustained demand for advanced motor systems across regional operations.

Latin America

Latin America continues to expand its oil and gas infrastructure, particularly in Brazil and Mexico. The increasing integration of automation technologies and renewable power systems in extraction and processing facilities drives adoption of advanced AC motors to enhance efficiency and reduce emissions.

This report provides an in depth analysis of various factors that impact the dynamics of AC Electric Motor Sales in Oil & Gas Market. These factors include; Market Drivers, Restraints and Opportunities

Drivers, Restraints and Opportunity

Key players in Global AC Electric Motor Sales in Oil & Gas Market include

• ABB Ltd.
• Siemens AG
• WEG S.A.
• Toshiba Corporation
• Nidec Corporation
• Schneider Electric SE
• Rockwell Automation, Inc.
• General Electric Company (GE Vernova)
• Emerson Electric Co.
• Mitsubishi Electric Corporation
• Regal Rexnord Corporation
• Brook Crompton Holdings Ltd.
• Hyosung Heavy Industries
• TECO Electric & Machinery Co., Ltd.
• Siemens Energy AG

In this report, the profile of each market player provides following information:

• Market Share Analysis
• Company Overview and Product Portfolio
• Key Developments
• Financial Overview
• Strategies
• Company SWOT Analysis