Press release
Large Synchronous Motor Market Soars, predicted to Reach a Valuation of USD 12.7 billion by 2035
Large Synchronous Motor Market
The Large Synchronous Motor Market is poised for substantial expansion in the forthcoming years, driven by a surge in demand for energy-efficient solutions. These motors are widely acknowledged for their exceptional precision at consistent speeds, positioning them as the preferred choice in the industrial sector. As industries actively seek reliable and efficient power solutions, large synchronous motors emerge as a compelling option to meet the growing demands. Their capacity to maintain a stable velocity while delivering superior performance renders them highly suitable for diverse industrial applications.
The market for big synchronous motors is predicted to expand steadily, reaching an anticipated USD 7.46 billion in 2025 and USD 12.7 billion in 2035, with a compound annual growth rate (CAGR) of 5.5%. Process automation, power generation, and increased demand in heavy industries are some of the trends driving the expansion.
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The market is poised for significant expansion over the forecast period, driven by the capacity of large synchronous motors to address the growing need for energy-efficient solutions. Their exceptional precision at consistent speeds establishes them as key assets in the industrial sector.
Moreover, the substantial increase in demand for highly efficient machine control motors emerges as a crucial factor propelling the global market for large synchronous motors. These motors are integral to diverse industries, encompassing mining, water treatment, and separation units, among others.
Key Takeaways from the Market Study
• From 2018 to 2022, the market demand expanded at a CAGR of 4.3%
• Based on the application, the compressor segment to accumulate a market share of 42.5% in 2025
• By rated power, the 25 to 40 MW segment dominates the market with a share of 34%
• North America to emerge as a promising market, capturing nearly 37% of the global market share in 2025
• Asia Pacific to be an opportunistic market, expected to capture a CAGR of 5.4% during the forecast period.
Competitive Landscape
Prominent players in the large synchronous motors market are ABB, General Electric, WEG, Siemens AG, VEM Group, and Hyundai Electric & Energy System Co Ltd, among others.
Leading players operating in the global large synchronous motor market are focusing on intensive research and development for launching innovative products and services in the market.
Product innovation is the key strategy adopted by market players. Brand consciousness and aggressive marketing by top players however make it challenging for new entrants in this market.
The market players are also emphasizing offering large synchronous motor with high reliability and high performance. The market is benefiting from partnerships with a high focus on innovation.
• Toshiba Mitsubishi-Electric Industrial Systems Corporation announced that together with Mitsubishi Electric Corporation they have developed an electrical motor-design support system incorporating Mitsubishi Electric's Maisart®* AI technology to dramatically shorten the time required to produce electrical motor designs that achieve the same performance as conventional design methods deployed manually by skilled engineers.
• Siemens smart infrastructure added four new devices to its portfolio of Simatic ET 200 SP motor starters, which are used to start electric drivers with power output from 0.1 to 0.4 ampere
Know More about What the Large Synchronous Motor Market Report Covers
Future Market Insights offers an unbiased analysis of the global large synchronous motor market, providing historical data for 2018 to 2022 and forecast statistics from 2025 to 2035.
To understand opportunities in the large synchronous motor market, the market is segmented based on rated power, end-use, and application across five major regions.
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Key Segments Covered in the Large Synchronous Motor Industry Analysis
By Rated Power:
• 25 to 40 MW
• 40 to 60 MW
• 60 to 80 MW
By Application:
• Compressor
• Pump
• Fans
• Extruder
• Mixers
• Conveyors or Belts
• Others
By End User:
• Oil & Gas
• Metal & Mining
• Paper & Pulp
• Chemicals & Petrochemicals
• Automotive
• Others
By Region:
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East and Africa
Related Reports:
Reverse Osmosis Pump Market- https://www.futuremarketinsights.com/reports/reverse-osmosis-pumps-market
Glass Reactors Market- https://www.futuremarketinsights.com/reports/global-glass-reactors-market
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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