Synchronous Motors Market Size & Share Analysis - Growth Trends And Forecast (2025 - 2032)
By Voltage;
Low Voltage and Medium VoltageBy Mount Type;
Horizontal and VerticalBy Application;
Pumps, Fans, Extruders, Conveyors Belts, Compressors, Mixers and OthersBy End-User;
Chemicals & Petrochemicals, Oil & Gas, Metals, Mining, Pulp & Paper and OthersBy Geography;
North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2022 - 2032)Synchronous Motors Market Overview
Synchronous Motors Market (USD Million)
In the year 2025, Synchronous Motors Market was valued at USD 25,381.85 million. The size of this market is expected to increase to USD 33,288.54 million by the year 2032, while growing at a Compounded Annual Growth Rate (CAGR) of 3.95%.
Synchronous Motors Market
*Market size in USD million
CAGR 3.95 %
| Study Period | 2026 - 2032 |
|---|---|
| Base Year | 2025 |
| CAGR (%) | 3.95 % |
| Market Size (2025) | USD 25,381.85 Million |
| Market Size (2032) | USD 33,288.54 Million |
| Market Concentration | High |
| Report Pages | 323 |
Major Players
- ABB Ltd.
- Siemens AG
- General Electric
- Rockwell Automation Inc.
- Toshiba Corporation
- WEG SA
- Bosch Group
- Johnson Electric Holdings Limited
- Hitachi Ltd.
- Emerson Electric Co.
- Nidec Corporation
- Arc Systems Inc.
Market Concentration
Consolidated - Market dominated by 1 - 5 major players
Synchronous Motors Market
Fragmented - Highly competitive market without dominant players
Synchronous Motors Market is poised for significant growth from 2024 to 2030, driven by advancements in industrial automation, energy efficiency demands, and the growing adoption of electric vehicles (EVs). Synchronous motors, known for their precise speed control and high efficiency, are increasingly being utilized in a variety of applications ranging from industrial machinery to Synchronous Motors Market and renewable energy generation. Their ability to maintain constant speed under varying loads makes them ideal for applications requiring precise motion control and energy efficiency.
One of the primary drivers of the synchronous motors market is the rise in industrial automation. As industries worldwide seek to enhance productivity and reduce operational costs, the demand for reliable and efficient motors has surged. Synchronous motors, with their superior performance characteristics, are being integrated into automated systems to drive various mechanical processes. The adoption of Industry 4.0 technologies, which emphasizes interconnected and smart manufacturing systems, further bolsters the demand for synchronous motors.
Energy efficiency is another critical factor propelling the market forward. With stringent energy regulations and increasing awareness of sustainability, industries and consumers alike are prioritizing energy-efficient solutions. Synchronous motors are well-regarded for their high efficiency and low energy consumption, making them a preferred choice in applications where energy savings are paramount. The shift towards renewable energy sources also fuels the market, as synchronous motors are used in wind turbines and other renewable energy systems to convert mechanical energy into electrical energy efficiently.
Geographically, the synchronous motors market is witnessing robust growth across various regions, including North America, Europe, Asia Pacific, the Middle East, and Africa, and Latin America. North America and Europe lead the market due to advanced industrial infrastructure, supportive government policies, and a strong focus on energy efficiency. Meanwhile, the Asia Pacific region is anticipated to experience significant growth driven by rapid industrialization, urbanization, and increasing investments in renewable energy projects. Countries like China, India, and Japan are key contributors to the market expansion in this region, supported by government initiatives and economic growth.
Synchronous Motors Market Key Takeaways
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The shift to high‑efficiency motor systems is a major driver, with synchronous motors increasingly adopted thanks to their superior part‑load performance and tighter energy‑efficiency regulations.
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Asia‑Pacific industrialisation and infrastructure modernisation in countries like China and India.
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Synchronous motors are gaining traction in automation, renewable energy, and grid‑stabilisation applications, particularly where precise speed control, reactive‑power support, and high‑torque drives are required.
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Up‑front costs and system complexity remain significant barriers the higher initial investment and specialised control/maintenance requirements compared to conventional motors limit adoption in cost‑sensitive markets.
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Technological innovation is shifting competitive advantage: magnet‑lean synchronous‑reluctance designs, integrated digital motor‑drive systems, and high‑voltage large‑frame motors are differentiators in the market.
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The >10 MW and large‑frame segments show the strongest growth potential, signalling that heavy‑industry, power‑generation, and infrastructure sectors are where value is being unlocked.
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For suppliers and OEMs, success hinges on delivering full‑system offerings (motor + drive + services), targeting retrofit opportunities and supporting regional localisation of manufacturing to meet demand and reduce lead‑times.
Synchronous Motors Market Recent Developments
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In January 2024, ABB launched innovative high-efficiency synchronous motors aimed at enhancing industrial energy savings. These motors are designed to deliver superior performance, contributing significantly to energy efficiency in various industrial applications. This advancement highlights ABB's commitment to driving sustainability and reducing operational costs for businesses worldwide.
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In June 2022, Siemens Energy introduced compact synchronous motors specifically designed for renewable energy applications. These motors are engineered to maximize efficiency and performance in renewable energy systems, supporting the transition to cleaner and more sustainable energy solutions.
Synchronous Motors Market Segment Analysis
In this report, the Synchronous Motors Market has been segmented by Voltage, Mount Type, Application, End-User, and Geography. This segmentation illustrates how industrial electrification, efficiency optimization, automation deployment, maintenance cost reduction, and regional manufacturing and infrastructure trends are driving market growth, technology adoption, and operational improvements through 2024–2031.
Synchronous Motors Market, Segmentation by Voltage
The voltage segmentation reflects how different power levels align with operational requirements and load capacities. Low voltage motors are widely used for moderate-demand applications, while medium voltage motors serve heavy-duty industrial processes requiring high torque, efficiency, and stability. Voltage selection influences performance optimization and energy management strategies.
Low Voltage
Low voltage synchronous motors dominate small-to-medium industrial installations due to their versatility, cost-effectiveness, and compatibility with automation systems. They are crucial for driving pumps, fans, and light conveyors in general manufacturing processes.
Medium Voltage
Medium voltage motors are key in large-scale industrial operations, delivering high power output, enhanced torque stability, and energy efficiency. They support heavy-duty applications such as compressors, extruders, and industrial mixers, contributing a significant market share in power-intensive industries.
Synchronous Motors Market, Segmentation by Mount Type
Mount type segmentation highlights how installation orientation affects space utilization, mechanical alignment, and performance efficiency. Horizontal mounting is preferred for standard industrial layouts, while vertical mounting suits applications with space constraints or specialized equipment alignment requirements.
Horizontal
Horizontal motors account for the majority share, being suitable for conventional installations where equipment alignment, maintenance ease, and operational reliability are priorities. They are commonly used across pumps, fans, and conveyor systems.
Vertical
Vertical motors are ideal for applications requiring compact footprints or direct coupling to vertical shafts. Their use in high-load or specialized industrial systems supports efficiency, torque transfer reliability, and optimized space utilization.
Synchronous Motors Market, Segmentation by Application
Application segmentation demonstrates how synchronous motors enable essential industrial operations. Demand is influenced by requirements for process efficiency, continuous operation, and energy savings across sectors such as pumps, fans, compressors, mixers, and material handling systems.
Pumps
Pumps are a key application where synchronous motors ensure consistent torque, high efficiency, and reliable operation in water, chemical, and oil transfer processes.
Fans
Fans utilize synchronous motors for ventilation, cooling, and air handling, providing stable speed control and energy savings in industrial and commercial applications.
Extruders
Extruders in plastics and polymer processing depend on synchronous motors for constant speed and precise torque, ensuring product quality and throughput efficiency.
Conveyor Belts
Conveyor belts rely on synchronous motors for load synchronization and controlled movement, supporting material handling efficiency across production lines.
Compressors
Compressors require synchronous motors for stable power delivery under varying load conditions, reducing energy consumption and operational costs.
Mixers
Mixers employ synchronous motors to maintain uniform rotation and consistent torque during blending, critical for chemical, food, and industrial processes.
Others
The others category includes specialized industrial drives, crushers, and process equipment requiring high reliability, power factor optimization, and efficiency gains.
Synchronous Motors Market, Segmentation by End-User
End-user segmentation identifies industries driving demand for synchronous motors based on operational intensity, reliability needs, and process scale. These sectors prioritize uptime, efficiency, and automation readiness in heavy industrial and manufacturing operations.
Chemicals & Petrochemicals
Chemicals & petrochemicals end users rely on synchronous motors for continuous process control, torque stability, and high reliability in critical production applications.
Oil & Gas
Oil & gas industries require synchronous motors for pumping, compression, and processing operations, emphasizing robust performance and durability under harsh operating conditions.
Metals
Metals processing relies on synchronous motors to power rolling mills, continuous casting lines, and heavy material handling, ensuring load stability and energy efficiency.
Mining
Mining end users employ synchronous motors for crushers, hoists, and processing equipment, emphasizing reliability and continuous operation in demanding conditions.
Pulp & Paper
Pulp & paper industries utilize synchronous motors for refining, calendering, and processing operations, ensuring process efficiency and energy optimization.
Others
The others category covers industrial sectors such as water treatment, cement, and food processing, requiring synchronous motors for specialized drives and efficiency gains.
Synchronous Motors Market, Segmentation by Geography
Geographic segmentation illustrates how regional industrialization, manufacturing expansion, electrification programs, and energy efficiency policies influence adoption patterns and market growth in synchronous motors globally.
Regions and Countries Analyzed in this Report
North America
North America leads the Synchronous Motors Market, driven by advanced manufacturing facilities, widespread industrial automation adoption, and initiatives to improve energy efficiency across key industrial sectors.
Europe
Europe’s market benefits from stringent energy efficiency regulations, modern industrial infrastructure, and high adoption of synchronous motors in chemicals, manufacturing, and power-intensive applications.
Asia Pacific
Asia Pacific shows robust growth as expanding industrialization, rising electrification, and investment in smart manufacturing drive demand for efficient synchronous motor systems.
Middle East & Africa
The Middle East & Africa region demonstrates emerging demand, supported by growing industrial infrastructure, energy efficiency programs, and investments in heavy industrial operations.
Latin America
Latin America continues to grow as investments in mining, oil & gas, and industrial modernization increase demand for high-efficiency synchronous motors to improve operational reliability and productivity.
Synchronous Motors Market Forces
This report provides an in depth analysis of various factors that impact the dynamics of Synchronous Motors Market. These factors include; Market Drivers, Restraints and Opportunities
Comprehensive Market Impact Matrix
This matrix outlines how core market forces Drivers, Restraints and Opportunities affect key business dimensions including Growth, Competition, Customer Behavior, Regulation and Innovation.
| Market Forces ↓ / Impact Areas → | Market Growth Rate | Competitive Landscape | Customer Behavior | Regulatory Influence | Innovation Potential |
|---|---|---|---|---|---|
| Drivers | High impact (e.g., tech adoption, rising demand) | Encourages new entrants and fosters expansion | Increases usage and enhances demand elasticity | Often aligns with progressive policy trends | Fuels R&D initiatives and product development |
| Restraints | Slows growth (e.g., high costs, supply chain issues) | Raises entry barriers and may drive market consolidation | Deters consumption due to friction or low awareness | Introduces compliance hurdles and regulatory risks | Limits innovation appetite and risk tolerance |
| Opportunities | Unlocks new segments or untapped geographies | Creates white space for innovation and M&A | Opens new use cases and shifts consumer preferences | Policy shifts may offer strategic advantages | Sparks disruptive innovation and strategic alliances |
Drivers, Restraints and Opportunity Analysis
Drivers
- Energy Efficiency and Sustainability Initiatives
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Technological Advancements in Industrial Automation:The rise of Industry 4.0 and the integration of advanced automation technologies in manufacturing and industrial processes are significantly driving the demand for synchronous motors. These motors provide reliable performance, high precision, and are well-suited for automated systems. The growing adoption of smart manufacturing practices and the need for improved operational efficiency and productivity further boost the market for synchronous motors.Technological advancements in industrial automation have revolutionized manufacturing and production processes, enhancing efficiency, precision, and scalability. The integration of smart technologies, such as artificial intelligence (AI), machine learning, and the Industrial Internet of Things (IIoT), has enabled real-time monitoring, predictive maintenance, and data-driven decision-making. Automated systems equipped with robotics and advanced sensors have significantly reduced human intervention, minimizing errors and improving productivity. Additionally, cloud computing and edge computing are playing a crucial role in streamlining data processing and communication across interconnected industrial systems, leading to more responsive and adaptive operations.
Another major advancement is the adoption of digital twins and advanced simulation technologies, allowing industries to create virtual replicas of physical assets for testing and optimization. Coupled with 5G connectivity, automation systems are now capable of faster data exchange and remote operation, further enhancing flexibility in manufacturing environments. Cybersecurity solutions are also evolving to protect interconnected industrial networks from cyber threats. As automation continues to advance, industries are witnessing reduced operational costs, enhanced safety, and greater sustainability, making industrial automation a key driver of the future smart factory ecosystem. One of the primary drivers for the synchronous motors market is the increasing focus on energy efficiency and sustainability. Governments and industries worldwide are adopting stringent energy regulations and efficiency standards to reduce carbon emissions and operational costs. Synchronous motors are highly efficient, offering precise speed control and reduced energy consumption, making them an attractive option for applications requiring sustainable and efficient power solutions.
Restraints
- High Initial Costs
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Complex Installation and Maintenance:Synchronous motors require precise alignment and sophisticated control systems for optimal performance, making their installation and maintenance more complex compared to other types of motors. The need for specialized skills and equipment for installation and regular maintenance can pose challenges for end-users, particularly in regions with limited access to technical expertise and resources.
The installation and maintenance of switchboards can be complex due to the intricate wiring, high-power connections, and strict compliance requirements associated with electrical distribution systems. Proper installation requires skilled professionals who understand the specific standards, whether IEC or ANSI, to ensure safety and efficiency. Factors such as load calculations, circuit protection, grounding, and ventilation must be carefully considered to prevent electrical failures, overheating, or operational disruptions. Additionally, integrating switchboards into existing power systems can be challenging, as it may involve custom modifications, compatibility checks, and coordination with other electrical components. The complexity increases further in large industrial or commercial setups where multiple switchboards must be synchronized for seamless power distribution.Maintenance is equally critical, as any malfunction can lead to downtime, equipment damage, or safety hazards. Regular inspections, thermal imaging, and diagnostic testing are necessary to detect issues such as loose connections, insulation degradation, or overload risks. Since switchboards are exposed to high electrical loads, they require periodic cleaning, tightening of connections, and replacement of worn-out components to maintain optimal performance. Furthermore, compliance with safety regulations mandates documentation of maintenance activities and timely upgrades to meet evolving electrical standards. The complexity of installation and maintenance underscores the need for well-trained personnel, advanced monitoring tools, and proactive servicing to ensure reliable and safe operation.One of the major restraints for the synchronous motors market is the high initial cost associated with these motors. Synchronous motors often require significant investment in advanced materials and technologies, making them more expensive compared to traditional induction motors. This high upfront cost can be a barrier for small and medium-sized enterprises (SMEs) and can limit the widespread adoption of synchronous motors, especially in cost-sensitive markets.
Opportunities
- Expansion in Renewable Energy Sector
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Emerging Markets and Infrastructure Development:Emerging economies in Asia Pacific, Latin America, and the Middle East & Africa are witnessing rapid industrialization and infrastructure development. These regions offer substantial growth opportunities for the synchronous motors market as they invest in modernizing their industrial base and expanding their energy infrastructure. The increasing adoption of advanced manufacturing technologies and the focus on enhancing energy efficiency in these regions are expected to drive the demand for synchronous motors.The growing focus on renewable energy sources such as wind and solar power presents significant opportunities for the synchronous motors market. These motors are increasingly used in wind turbines and other renewable energy applications due to their high efficiency and reliable performance. The expansion of renewable energy projects worldwide and investments in green energy infrastructure provide a lucrative growth avenue for the synchronous motors market.
Emerging markets are playing a crucial role in the growth of the global switchboards market, driven by rapid industrialization, urbanization, and increasing investments in infrastructure development. Countries in Asia-Pacific, Latin America, and Africa are witnessing a surge in demand for reliable power distribution systems due to expanding commercial buildings, manufacturing facilities, and smart city initiatives. Governments in these regions are heavily investing in upgrading electrical grids and power distribution networks to support economic growth. Additionally, the rising adoption of renewable energy sources, such as solar and wind power, is creating opportunities for advanced switchboard solutions that can efficiently integrate with modern energy systems.Infrastructure development projects, including transportation networks, residential complexes, and industrial zones, are further propelling the demand for high-performance switchboards. As these projects require efficient electrical distribution systems, the need for customized and technologically advanced switchboards is rising. Smart switchboards equipped with digital monitoring, automation, and IoT capabilities are gaining traction, particularly in regions aiming for energy-efficient and sustainable infrastructure. With continued investments in power generation and distribution, emerging markets are expected to drive substantial growth in the switchboards market, presenting lucrative opportunities for manufacturers and suppliers worldwide.
Synchronous Motors Market Competitive Landscape Analysis
Synchronous Motors Market is experiencing steady growth, driven by the increasing demand for high-efficiency electric motors across industries such as manufacturing, energy, automotive, and HVAC systems. Companies are focusing on innovation in motor designs, offering higher power factors, energy efficiency, and improved reliability to meet the needs of industrial applications. The market is projected to grow at an annual rate of 6%, supported by the increasing shift towards energy-efficient solutions, renewable energy integration, and automation across various sectors.
Market Structure and Concentration
Synchronous Motors Market is moderately concentrated, with a few key players leading the production of synchronous motors for industrial and commercial applications. However, regional players and niche manufacturers focusing on customized motor solutions for specific applications, such as variable speed drives and large-scale machinery, are gaining market share. Market concentration is expected to increase, with a projected growth rate of 5% annually, driven by mergers, acquisitions, and the growing demand for high-performance motors.
Brand and Channel Strategies
Companies in the Synchronous Motors Market are strengthening brand recognition by emphasizing the energy-saving, cost-effective, and long-lasting benefits of their products. Expanding distribution channels through partnerships with equipment suppliers, system integrators, and OEMs is key to market growth. The rise of online platforms for equipment procurement and e-commerce solutions is expected to account for around 15% of total market sales, particularly for smaller motors and replacement parts.
Innovation Drivers and Technological Advancements
Synchronous Motors Market is driven by continuous innovations in motor design, control systems, and integration with renewable energy sources to improve efficiency and reduce energy consumption. Advances in variable-speed drive technology, digital motor controllers, and intelligent monitoring systems are improving motor performance and reliability in industrial and commercial applications. These advancements are expected to contribute to a market growth rate of 7% annually, as industries increasingly demand advanced, high-performance electric motors.
Regional Momentum and Expansion
Synchronous Motors Market is seeing strong demand in North America and Europe, where energy efficiency standards and industrial automation are driving the adoption of synchronous motors. In regions such as Asia-Pacific, particularly in China and India, the market is expanding rapidly, with a growth rate of 8% annually, driven by increasing industrialization, rising energy demand, and the growing adoption of energy-efficient technologies in emerging economies.
Future Outlook
Synchronous Motors Market is expected to continue its growth, supported by the increasing demand for energy-efficient solutions, advancements in motor control technologies, and the rising focus on automation in industries. The market is projected to grow at a rate of 6% annually, driven by technological innovations, expanding industrial applications, and the growing emphasis on sustainability and energy efficiency in global industrial operations.
Key players in Synchronous Motors Market include:
- ABB Ltd.
- Siemens AG
- Nidec Corporation
- General Electric (GE)
- WEG S.A.
- Toshiba Corporation
- Rockwell Automation
- Johnson Electric Holdings
- Emerson Electric
- Bosch Group
- Hitachi Ltd.
- Mitsubishi Electric
- SEVA-tec GmbH
- Franklin Electric
- Regal Rexnord
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 Voltage
- Market Snapshot, By Mount Type
- Market Snapshot, By Application
- Market Snapshot, By End-User
- Market Snapshot, By Region
- Synchronous Motors Market Forces
- Drivers, Restraints and Opportunities
- Drivers
- Energy Efficiency and Sustainability Initiatives
- Technological Advancements in Industrial Automation
- Restraints
- High Initial Costs
- Complex Installation and Maintenance
- Opportunities
- Expansion in Renewable Energy Sector
- Emerging Markets and Infrastructure Development
- 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
- Synchronous Motors Market, By Voltage, 2022 - 2032 (USD Million)
- Low Voltage
- Medium Voltage
- Synchronous Motors Market, By Mount Type, 2022 - 2032 (USD Million)
- Horizontal
- Vertical
- Synchronous Motors Market, By Application, 2022 - 2032 (USD Million)
- Pumps
- Fans
- Extruders
- Conveyors Belts
- Compressors
- Mixers
- Others
- Synchronous Motors Market, By End-User, 2022 - 2032 (USD Million)
- Chemicals & Petrochemicals
- Oil & Gas
- Metals
- Mining
- Pulp & Paper
- Others
- Synchronous Motors Market, By Geography, 2022 - 2032 (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
- Synchronous Motors Market, By Voltage, 2022 - 2032 (USD Million)
- Competitive Landscape
- Company Profiles
- ABB Ltd.
- Siemens AG
- Nidec Corporation
- General Electric (GE)
- WEG S.A.
- Toshiba Corporation
- Rockwell Automation
- Johnson Electric Holdings
- Emerson Electric
- Bosch Group
- Hitachi Ltd.
- Mitsubishi Electric
- SEVA-tec GmbH
- Franklin Electric
- Regal Rexnord
- Company Profiles
- Analyst Views
- Future Outlook of the Market

