Switched Reluctance Motors Research:CAGR of 5.5% during the forecast period

QY Research Inc. (Global Market Report Research Publisher) announces the release of 2025 latest report "Switched Reluctance Motors- Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031". Based on current situation and impact historical analysis (2020-2024) and forecast calculations (2025-2031), this report provides a comprehensive analysis of the global Wire Drawing Dies market, including market size, share, demand, industry development status, and forecasts for the next few years.



The global market for Switched Reluctance Motors was estimated to be worth US$ 608 million in 2024 and is forecast to a readjusted size of US$ 869 million by 2031 with a CAGR of 5.3% during the forecast period 2025-2031.



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Switched Reluctance Motors Market Summary

The switched reluctance motor (SRM) is a type of a stepper motor, an electric motor that runs by reluctance torque. Unlike common DC motor types, power is delivered to windings in the stator (case) rather than the rotor. This greatly simplifies mechanical design as power does not have to be delivered to a moving part, but it complicates the electrical design as some sort of switching system needs to be used to deliver power to the different windings. With modern electronic devices, precisely timed switching is not a problem, and the SRM is a popular design for modern stepper motors. Its main drawback is torque ripple.

According to the new market research report "Global Switched Reluctance Motors Market Report 2025-2031", published by QYResearch, the global Switched Reluctance Motors market size is projected to reach USD 0.61 billion by 2031, at a CAGR of 5.5% during the forecast period.

Global Switched Reluctance Motors MarketSize(US$ Million), 2020-2031
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Above data is based on report from QYResearch: Global Switched Reluctance Motors Market Report 2024-2030 (published in 2024). If you need the latest data, plaese contact QYResearch.



Global Switched Reluctance Motors Top11Players Ranking and Market Share (Ranking is based on the revenue of 2024, continually updated)
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Above data is based on report from QYResearch: Global Switched Reluctance Motors Market Report 2024-2030 (published in 2024). If you need the latest data, plaese contact QYResearch.

According to QYResearch Top Players Research Center, the global key manufacturers of Switched Reluctance Motors include Nidec, Regal Rexnord, KASKOD-MTRONIX, Maccon, Zibo Jingke Electric, Shandong Kehui Power Automation, Rongjia Power, Hunan Haineng Electromechanical, Turntide Technologies, Shandong Aici Drive Technology, etc. In 2024, the global top five players had a share approximately 54.0% in terms of revenue.

Switched Reluctance Motors,Global Market Size, Split by Product Segment
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Based on or includes research from QYResearch: Global Switched Reluctance Motors Market Report 2024-2030.

Market Drivers:

D1: SRMs are known for their high efficiency, especially in variable speed applications. They do not require permanent magnets or brushes, which reduces material costs and maintenance needs, making them more affordable over time.

D2: As EV adoption rises, SRMs are gaining attention due to their advantages over traditional motors. Their robustness, high torque density, and efficiency in variable-speed operations make them a viable alternative in electric drivetrains.

D3: As industries shift toward renewable energy sources, the demand for energy-efficient motors like SRMs for wind turbines and solar power applications is increasing.

Market Challenges:

C1: One of the significant challenges of SRMs is their relatively high noise levels compared to other types of motors. The noise comes from the torque ripple and vibration due to the rotor's movement, which can be undesirable in applications requiring low noise, like home appliances or electric vehicles.

C2: SRMs tend to exhibit torque ripple, which can cause fluctuations in performance and result in mechanical vibrations. These can affect system efficiency and smooth operation, particularly in precision-driven applications. Although advancements in control techniques are helping to mitigate this, it remains a challenge.

C3: While SRMs offer efficiency benefits, their control systems are complex, requiring sophisticated power electronics and controllers to manage the motor's operation. Designing these systems to handle the non-linear behavior of SRMs (due to their magnetic saturation and reluctance effects) is challenging, especially in high-performance applications.







The report provides a detailed analysis of the market size, growth potential, and key trends for each segment. Through detailed analysis, industry players can identify profit opportunities, develop strategies for specific customer segments, and allocate resources effectively.



The Switched Reluctance Motors market is segmented as below:

By Company

Nidec
AMETEK
Shandong Kehui Power Automation
Deep Blue Exploration Power Technology
Maccon GmbH
Rongjia Motor
Rocky Mountain Technologies
Liexun (Tianjin) Electric Technology
SDT Drive Technology
Jiangsu Huayang Intelligent Equipment
Shandong Aici Drive Technology
Zibo Jingke Electric



Segment by Type

500 KW



Segment by Application

Automobile Industry
Appliance Industry
Industrial Machinery
Others



Each chapter of the report provides detailed information for readers to further understand the Switched Reluctance Motors market:

Chapter 1: Introduces the report scope of the Switched Reluctance Motors report, global total market size (valve, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry. (2020-2031)

Chapter 2: Detailed analysis of Switched Reluctance Motors manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc. (2020-2025)

Chapter 3: Provides the analysis of various Switched Reluctance Motors market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments. (2020-2031)

Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.(2020-2031)

Chapter 5: Sales, revenue of Switched Reluctance Motors in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world..(2020-2031)

Chapter 6: Sales, revenue of Switched Reluctance Motors in country level. It provides sigmate data by Type, and by Application for each country/region.(2020-2031)

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc. (2020-2025)

Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 9: Conclusion.



Benefits of purchasing QYResearch report:

Competitive Analysis: QYResearch provides in-depth Switched Reluctance Motors competitive analysis, including information on key company profiles, new entrants, acquisitions, mergers, large market shear, opportunities, and challenges. These analyses provide clients with a comprehensive understanding of market conditions and competitive dynamics, enabling them to develop effective market strategies and maintain their competitive edge.

Industry Analysis: QYResearch provides Switched Reluctance Motors comprehensive industry data and trend analysis, including raw material analysis, market application analysis, product type analysis, market demand analysis, market supply analysis, downstream market analysis, and supply chain analysis.

and trend analysis. These analyses help clients understand the direction of industry development and make informed business decisions.

Market Size: QYResearch provides Switched Reluctance Motors market size analysis, including capacity, production, sales, production value, price, cost, and profit analysis. This data helps clients understand market size and development potential, and is an important reference for business development.



Other relevant reports of QYResearch:

Global Switched Reluctance Motors Market Research Report 2025
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