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Industrial Smart Motors Market Size, Share, Analysis- 2025 | Global Industry Insights
Industrial Smart Motors Market
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Industrial smart motors are specialized motors that offer superior performance through the integration of internet of things (IoT) enabled services that include superior machine control, predictive maintenance, and reduced downtime during maintenance. Smart motors have witnessed a rise in their scope of application across different industry verticals due to the integration of sensors, microprocessor chips, and software programs.
For instance, they find application in discrete automation, materials handling, industrial machinery & equipment, smart manufacturing, and mechanical power transmission-based equipment among others. As a result, industrial smart motors have gained traction in recent years and are expected to provide numerous profitable opportunities for the manufacturers during the forecast period.
The pumps segment accounted for almost one-fifth share of the global smart industrial motors market based on end-user due to the high demand for efficient and superior machine control of motors. Moreover, an increase in demand for reducing downtime during maintenance and service activities is expected to drive the growth of smart motors across different market verticals. Thus, the pumps segment is expected to maintain its dominant position during the forecast period and subsequently provide numerous profitable opportunities for the market players.
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However, growth in popularity of application-specific equipment and machinery has gained traction and is projected to propel the demand for smart motors in conveyor systems, process automation, smart manufacturing, and OEMs (original equipment manufacturers) related equipment among others.
The manufacturing industry segment accounted for almost one-fourth of the total market share in the industrial smart motors market due to the rise in adoption of smart manufacturing practices to low downtime and improved efficiency of the plant machinery by leading manufacturers over the past few years. Further, the growing popularity of IoT (Internet of Things) enabled services in industrial machinery, as well as equipment, is gaining traction among manufacturers for improving their plant efficiencies and preventing unanticipated equipment failures.
Key Players
The key players profiled in the report include CG, Dunkermotoren GmbH, HSD SpA, Nidec Corporation, Reliance Precision Limited, Rockwell Automation, Schneider Electric, Somfy Systems Inc., TECHNOSOFT SA, and US Automation.
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