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Add to CartRolled Steel Motor Market
By Phase;
Single Phase and Three PhaseBy Power;
0kW-7.5kW, 7.5kW-15.5kW, 15.5kW-29.5kW and More Than 29.5kWBy End-Use;
Food & Beverages, HVAC, Marine, Mining, Pulp & Paper and Rubber & PlasticsBy Geography;
North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)Rolled Steel Motor Market Overview
Rolled Steel Motor Market (USD Million)
Rolled Steel Motor Market was valued at USD 9,537.72 million in the year 2024. The size of this market is expected to increase to USD 12,299.74 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 3.7%.
Rolled Steel Motor Market
*Market size in USD million
CAGR 3.7 %
| Study Period | 2025 - 2031 |
|---|---|
| Base Year | 2024 |
| CAGR (%) | 3.7 % |
| Market Size (2024) | USD 9,537.72 Million |
| Market Size (2031) | USD 12,299.74 Million |
| Market Concentration | High |
| Report Pages | 316 |
Major Players
- ArcelorMittal
- Nippon Steel Corporation
- POSCO
- China Baowu Steel Group
- JFE Steel Corporation
- Tata Steel
- United States Steel Corporation
- Nucor Corporation
- Thyssenkrupp AG
- Hyundai Steel
Market Concentration
Consolidated - Market dominated by 1 - 5 major players
Rolled Steel Motor Market
Fragmented - Highly competitive market without dominant players
The Rolled Steel Motor Market is gaining momentum as industries prioritize motors built for durability and efficiency. Around 40% of industrial setups rely on rolled steel motors for their superior resistance to mechanical stress and extended service life. These motors are increasingly viewed as essential for boosting reliability across automated and heavy-duty systems.
Rising Focus on Energy Efficiency
Energy efficiency remains a major driver, with close to 35% of installations focused on minimizing energy losses. By lowering heat output and ensuring stable performance, rolled steel motors help companies achieve sustainable productivity while reducing operational expenses. Their cost-saving potential is a strong contributor to their rising demand.
Technological Progress Enhancing Design
Technological progress in motor engineering has further strengthened market growth. More than 50% of advanced models incorporate enhanced cooling designs and lighter housings, which improve operational efficiency while extending lifespan. These innovations make them ideal for continuous-duty operations across multiple industrial applications.
Versatility Across Industrial Applications
The adaptability of rolled steel motors adds to their widespread integration. With more than 55% of industries applying them in pumps, fans, and compressors, these motors are proving vital in ensuring operational flexibility and reliability. Their broad applicability continues to fuel market expansion across industrial domains.
Rolled Steel Motor Market Recent Developments
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In 2023, ABB launched a new series of energy-efficient rolled steel motors tailored for industrial automation applications. The motors are engineered to deliver enhanced performance and reduced energy consumption, supporting sustainable and cost-effective industrial operations.
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In 2022, Siemens introduced advanced rolled steel motors equipped with integrated IIoT capabilities. These smart motors enable real-time monitoring and predictive maintenance, improving operational reliability and efficiency across industrial environments.
Rolled Steel Motor Market Segment Analysis
In this report, the Rolled Steel Motor Market has been segmented by Phase, Power, End-Use, and Geography
Rolled Steel Motor Market Segmentation by Phase
The Rolled Steel Motor Market by Phase includes Single Phase and Three Phase motors. The segmentation reflects the diverse industrial and commercial applications of rolled steel motors, with efficiency, reliability, and power output serving as primary factors influencing selection. Increasing automation, energy efficiency standards, and industrial modernization are key growth drivers for both categories.
Single Phase
The Single Phase segment caters primarily to residential, light commercial, and small industrial operations where power requirements are moderate. These motors are preferred for their compact size, affordability, and ease of installation. Growth in small-scale automation, food processing, and HVAC systems is fueling demand for high-efficiency single-phase rolled steel motors.
Three Phase
The Three Phase segment dominates the market, driven by its high torque, superior efficiency, and suitability for heavy-duty applications. These motors are integral to large-scale industrial systems, offering smooth operation under variable loads. Rapid industrialization, expansion in manufacturing, and infrastructure development—especially in Asia Pacific—continue to strengthen the outlook for three-phase rolled steel motors.
Rolled Steel Motor Market Segmentation by Power
The Rolled Steel Motor Market by Power is divided into 0kW–7.5kW, 7.5kW–15.5kW, 15.5kW–29.5kW, and More Than 29.5kW. This segmentation illustrates how varying power ratings cater to different industrial applications. Manufacturers are focusing on energy-efficient designs, performance optimization, and compliance with international standards to meet rising demand across industries.
0kW–7.5kW
Motors within the 0kW–7.5kW range are primarily used in small machinery, pumps, fans, and compressors. Their low energy consumption and compact design make them ideal for light industrial and commercial environments. Increasing automation in small manufacturing setups and a shift toward sustainable equipment are boosting adoption in this range.
7.5kW–15.5kW
The 7.5kW–15.5kW segment serves medium-duty applications in HVAC systems, conveyors, and process industries. This range offers a balance between power and efficiency, making it popular among manufacturers aiming to optimize operational costs. The growing focus on performance reliability in continuous operations drives steady growth in this category.
15.5kW–29.5kW
Motors in the 15.5kW–29.5kW category are employed in more demanding industrial setups such as mining, pulp & paper, and heavy machinery. They offer excellent mechanical strength and durability, suited for harsh operational environments. Technological advancements, including enhanced cooling mechanisms and insulation systems, are improving lifespan and efficiency for this range.
More Than 29.5kW
The More Than 29.5kW category includes high-power rolled steel motors designed for large-scale industrial and infrastructure applications. These motors support heavy equipment, marine propulsion, and high-capacity manufacturing lines. Growing global investments in energy-intensive sectors and modernization of industrial facilities are expected to sustain robust demand in this segment.
Rolled Steel Motor Market Segmentation by End-Use
The Rolled Steel Motor Market by End-Use includes Food & Beverages, HVAC, Marine, Mining, Pulp & Paper, and Rubber & Plastics. Each sector leverages rolled steel motors for efficiency, durability, and adaptability to rigorous operating conditions. The increasing emphasis on automation, process optimization, and energy savings continues to drive adoption across these diverse industries.
Food & Beverages
The Food & Beverages industry demands hygienic, corrosion-resistant, and energy-efficient motors for continuous processing operations. Rolled steel motors are favored for their sealed enclosures, which ensure contamination-free performance. With growing automation in packaging and bottling, this segment is expected to experience significant expansion.
HVAC
The HVAC segment represents a major market for rolled steel motors, utilized in compressors, fans, and air-handling units. Rising urbanization, industrial construction, and the global focus on energy-efficient climate control systems are key growth drivers. The demand for motors with enhanced cooling performance and reduced noise levels continues to rise across both commercial and industrial installations.
Marine
Marine applications utilize rolled steel motors for propulsion, pumps, and auxiliary machinery. The motors’ corrosion-resistant properties and robust build make them suitable for harsh marine environments. Increasing maritime trade and ship modernization programs are driving steady demand in this segment.
Mining
In the Mining sector, rolled steel motors are essential for material handling, crushers, and conveyor operations. Their ability to withstand dust, vibration, and variable loads makes them indispensable in mining environments. The global uptick in mineral exploration and metal production is positively influencing market expansion for these motors.
Pulp & Paper
The Pulp & Paper industry relies on rolled steel motors for high-performance tasks like chipping, grinding, and conveying. These motors ensure operational stability in high-humidity environments. Rising paper packaging demand and the modernization of processing mills are bolstering the segment’s outlook.
Rubber & Plastics
In the Rubber & Plastics segment, rolled steel motors power extruders, mixers, and molding machinery. High torque and consistent performance under variable loads make them vital to manufacturing operations. Technological advancements in precision control systems are expected to enhance efficiency and reduce maintenance costs in this segment.
Rolled Steel Motor Market Segmentation by Geography
In this report, the Rolled Steel Motor Market has been segmented by Geography into five regions: North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
Regions and Countries Analyzed in this Report
North America
North America holds a substantial share of the global rolled steel motor market, driven by advanced manufacturing, automation, and industrial retrofitting initiatives. The U.S. remains a leading contributor with strong demand from HVAC, mining, and food processing industries. Continuous upgrades in motor efficiency standards also support market expansion.
Europe
Europe maintains steady growth supported by industrial modernization and stringent environmental regulations promoting energy-efficient motors. Germany, the UK, and France lead adoption due to strong manufacturing and automation sectors. The shift toward sustainable energy utilization continues to shape regional demand patterns.
Asia Pacific
The Asia Pacific region dominates global market growth, accounting for the highest production and consumption levels. Rapid industrialization in China and India, along with strong investments in infrastructure and manufacturing, are driving demand. Local motor manufacturers are expanding capacity to meet the growing need for cost-efficient and high-performance products.
Middle East and Africa
In the Middle East and Africa, the market is expanding due to industrial diversification, rising energy projects, and infrastructure development. Countries such as Saudi Arabia and South Africa are investing in manufacturing modernization, fueling demand for durable rolled steel motors in harsh operational environments.
Latin America
Latin America shows promising growth, with Brazil and Mexico leading regional adoption. Increasing investments in food & beverages, mining, and construction sectors are driving demand for energy-efficient motors. Expansion of local production and aftermarket service capabilities is expected to strengthen market presence across the region.
Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Global Rolled Steel Motor Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Drivers, Restraints and Opportunity Analysis
Drivers
- Industrial Automation Growth
- Energy Efficiency Demand
- Infrastructure Development Surge
- Increasing Urbanization Trends
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Advancements in Manufacturing : Advancements in manufacturing technology are playing a pivotal role in driving the global rolled steel motor market. With continuous improvements in manufacturing processes, the production of rolled steel motors has become more efficient and cost-effective. One of the significant advancements is the adoption of automation and robotics in manufacturing facilities. Automated systems enhance precision and consistency in the production of rolled steel motors, reducing the margin of error and ensuring high-quality output. This is particularly important in industries such as automotive, aerospace, and industrial machinery, where reliability and performance are critical.
Moreover, the integration of advanced computer-aided design (CAD) and computer-aided manufacturing (CAM) technologies has revolutionized the manufacturing process. These technologies allow for more precise engineering and faster production cycles, enabling manufacturers to meet the growing demand for customized rolled steel motors. By leveraging CAD/CAM systems, manufacturers can quickly adapt to specific design requirements and produce motors with intricate specifications. This flexibility is a significant advantage in a competitive market where the ability to offer tailored solutions can set a company apart from its competitors.
Additionally, advancements in material science have led to the development of higher-grade rolled steel with improved properties. The use of high-strength, lightweight steel alloys enhances the performance and efficiency of rolled steel motors, making them more durable and energy-efficient. This is particularly relevant in applications where weight and performance are critical factors, such as electric vehicles and renewable energy systems. As the demand for energy-efficient and high-performance motors continues to grow, advancements in manufacturing technology will play a crucial role in driving the global rolled steel motor market forward.
Restraints
- High Initial Costs
- Fluctuating Steel Prices
- Technical Skill Requirements
- Alternative Technologies Competition
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Supply Chain Disruptions : Supply chain disruptions pose a significant restraint on the global rolled steel motor market. The production of rolled steel motors relies heavily on a complex and interconnected supply chain involving raw material suppliers, component manufacturers, and logistics providers. Any disruption at any point in this supply chain can have a ripple effect, leading to delays in production and increased costs. One of the primary causes of supply chain disruptions is the volatility in the availability and prices of raw materials, particularly steel. Fluctuations in steel prices, driven by factors such as geopolitical tensions, trade policies, and natural disasters, can lead to increased production costs and affect the profitability of manufacturers.
Moreover, the global nature of supply chains makes them vulnerable to disruptions caused by events such as pandemics, political instability, and transportation bottlenecks. The COVID-19 pandemic, for instance, highlighted the fragility of global supply chains, causing significant delays and shortages in the availability of essential components and materials. Such disruptions can lead to production halts and delays in delivering finished products to customers, impacting the overall market growth. Manufacturers must adopt robust supply chain management strategies and develop contingency plans to mitigate the risks associated with such disruptions.
Additionally, the increasing complexity of supply chains, driven by the demand for customized and high-quality products, adds to the challenge of managing supply chain disruptions. Manufacturers need to coordinate with multiple suppliers and partners to source specialized components and materials, increasing the potential for delays and errors. Effective supply chain management requires real-time visibility and coordination across the entire supply chain. The adoption of advanced technologies such as blockchain, IoT, and AI can help manufacturers enhance supply chain transparency, improve efficiency, and reduce the impact of disruptions. Addressing these challenges is crucial for the sustained growth of the global rolled steel motor market.
Opportunities
- Emerging Market Expansion
- Green Energy Adoption
- Technological Innovations Integration
- Customization Demand Growth
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Industrial IoT Integration : The integration of Industrial Internet of Things (IIoT) technologies presents significant opportunities for the global rolled steel motor market. IIoT refers to the interconnected network of devices, sensors, and systems within industrial environments that communicate and exchange data in real-time. By leveraging IIoT, manufacturers of rolled steel motors can enhance their production processes, improve operational efficiency, and deliver smarter and more connected products to their customers. One of the key benefits of IIoT integration is the ability to monitor and optimize manufacturing processes in real-time. Sensors embedded in production equipment can collect data on various parameters such as temperature, vibration, and energy consumption. This data can be analyzed to identify inefficiencies, predict maintenance needs, and optimize machine settings, leading to reduced downtime and improved productivity.
Moreover, IIoT enables predictive maintenance, which is particularly valuable in the production of rolled steel motors. By continuously monitoring the condition of manufacturing equipment and analyzing data for signs of wear and tear, manufacturers can predict when maintenance is needed and address potential issues before they lead to equipment failure. This proactive approach to maintenance not only reduces unplanned downtime but also extends the lifespan of manufacturing equipment and enhances overall production efficiency. The ability to perform maintenance based on data-driven insights rather than fixed schedules is a significant advantage in a competitive market where maximizing uptime is crucial.
Additionally, IIoT integration allows for the creation of smart and connected rolled steel motors. These motors can be equipped with sensors that monitor their performance and condition in real-time. This capability is particularly valuable in applications where reliability and performance are critical, such as industrial automation and electric vehicles. By providing real-time data on motor performance, manufacturers can offer value-added services such as remote monitoring and diagnostics, enabling customers to optimize their operations and reduce maintenance costs. The growing adoption of IIoT in industrial environments presents a lucrative opportunity for the rolled steel motor market, as manufacturers can leverage these technologies to enhance their products and offer innovative solutions to their customers.
Rolled Steel Motor Market Competitive Landscape Analysis
Rolled Steel Motor Market is expanding as industries seek more durable, cost-effective, and energy-efficient solutions for motor applications in various sectors such as automotive, manufacturing, and HVAC systems. Companies are focusing on innovation and strategic partnerships to develop high-performance rolled steel motors. This increasing demand is expected to drive market growth by 20% in the coming years.
Market Structure and Concentration
The rolled steel motor market is characterized by a combination of large multinational motor manufacturers and specialized producers focusing on advanced steel technologies. Market concentration is increasing due to mergers and acquisitions, allowing companies to enhance their product portfolios and broaden their production capabilities. This consolidation is projected to result in a 22% rise in market concentration over the next few years.
Brand and Channel Strategies
Leading players in the rolled steel motor market are focusing on branding and distribution strategies to increase their global reach. Companies are forming strategic partnerships with OEMs and industrial equipment suppliers to enhance accessibility and improve customer relationships. These brand strategies are expected to drive growth by 24% in market share.
Innovation Drivers and Technological Advancements
Technological advancements in material science, motor design, and energy-efficient technologies are key drivers of innovation in the rolled steel motor market. Companies are investing in R&D to develop motors with improved durability, reduced energy consumption, and higher power density. These technological advancements are expected to lead to a 26% growth in market size over the next few years.
Regional Momentum and Expansion
Regional expansion plays a critical role in the growth of the rolled steel motor market, particularly in emerging markets like Asia-Pacific, where industrialization is accelerating. Companies are focusing on expansion into regions such as North America and Europe, where demand for energy-efficient motors is growing. This regional momentum is expected to drive a 30% increase in market adoption in these regions.
Future Outlook
The future outlook for the rolled steel motor market is promising, driven by continuous innovation and growing demand for high-performance, energy-efficient motors. As industries seek to reduce operational costs and improve efficiency, the market is projected to grow by 32% in the coming years.
Key players in Rolled Steel Motor Market include :
- ABB Ltd.
- Siemens AG
- Rockwell Automation
- Regal Beloit Corporation
- CG Power & Industrial Solutions
- Nidec Corporation
- Toshiba Corporation
- WEG S.A.
- Brook Crompton
- General Electric
- Hitachi
- TECO-Westinghouse
- Elektrim Motors
- Marathon Electric
- CG / Industrial Solutions
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
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Phase
- Market Snapshot, By Power
- Market Snapshot, By End-Use
- Market Snapshot, By Region
- Rolled Steel Motor Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
- Industrial Automation Growth
- Energy Efficiency Demand
- Infrastructure Development Surge
- Increasing Urbanization Trends
- Advancements in Manufacturing
- Restraints
- High Initial Costs
- Fluctuating Steel Prices
- Technical Skill Requirements
- Alternative Technologies Competition
- Supply Chain Disruptions
- Opportunities
- Emerging Market Expansion
- Green Energy Adoption
- Technological Innovations Integration
- Customization Demand Growth
- Industrial IoT Integration
- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Rolled Steel Motor Market, By Phase, 2021 - 2031 (USD Million)
- Single Phase
- Three Phase
- Rolled Steel Motor Market, By Power, 2021 - 2031 (USD Million)
- 0kW-7.5kW
- 7.5kW-15.5kW
- 15.5kW-29.5kW
- More Than 29.5kW
- Rolled Steel Motor Market, By End-Use, 2021 - 2031 (USD Million)
- Food & Beverages
- HVAC
- Marine
- Mining
- Pulp & Paper
- Rubber & Plastics
- Rolled Steel Motor Market, By Geography, 2021 - 2031 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
- Rolled Steel Motor Market, By Phase, 2021 - 2031 (USD Million)
- Competitive Landscape
- Company Profiles
- ABB Ltd.
- Siemens AG
- Rockwell Automation
- Regal Beloit Corporation
- CG Power & Industrial Solutions
- Nidec Corporation
- Toshiba Corporation
- WEG S.A.
- Brook Crompton
- General Electric
- Hitachi
- TECO-Westinghouse
- Elektrim Motors
- Marathon Electric
- CG / Industrial Solutions
- Company Profiles
- Analyst Views
- Future Outlook of the Market