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Industrial Automation's Impact On The Energy-Efficient Motor Market: A Key Catalyst Accelerating Energy Efficient Motor Market Growth in 2025
Energy Efficient Motor
Energy Efficient Motor Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The market for energy-efficient motors has seen robust growth in recent years, expanding from a value of $42.6 billion in 2024 to an anticipated $46.2 billion in 2025. This signifies a compound annual growth rate (CAGR) of 8.4%. The increase during the historical period is a result of environmental regulatory measures and sustainability objectives, surging demand for energy-conscious solutions, rising electricity prices, and lower life cycle expenses compared to conventional motors. Steps to mitigate carbon emissions and intensified industrialization have been major contributing factors.
Energy Efficient Motor Market Size Forecast: What's the Projected Valuation by 2029?
Expectations are high for substantial growth in the energy efficient motor market in the years to come, with its value projected to reach $61.11 billion by 2029, representing a compound annual growth rate (CAGR) of 7.2%. Factors contributing to this anticipated growth include the increase in industrial automation, heightened concerns about reducing greenhouse gas emissions, the push for sustainable practices, and corporate social responsibility. Moreover, government policies promoting the use of energy efficient motors as well as cost savings and the promise of return on investment also play a crucial role. Throughout the forecast period, major trends are set to include product innovations, forming of strategic alliances, and advances in technology.
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What Are the Drivers Transforming the Energy Efficient Motor Market?
The growth of the energy efficient motor market is anticipated to be boosted by the escalating demand for industrial automation. Industrial automation involves using control systems, computers, robots, and information technologies to manage different processes and machinery in an industry and eliminate the need for human labor. Energy-efficient motors used in industrial automation enhance the efficiency of the whole system and lessen energy consumption. They also promote sustainable practices by optimizing power usage and minimizing waste. For instance, the International Federation of Robotics, a German-based professional non-profit organization, reported that in 2022, the sales of service robots for professional use skyrocketed to 158,000 units, a staggering increase of 48% from October 2023. Consequently, the growing trend of industrial automation is fuelling the expansion of the energy-efficient motor market.
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What Long-Term Trends Will Define the Future of the Energy Efficient Motor Market?
Key players in the energy efficient motor industry are pursuing innovation through the creation of unique solutions like gate-driver Integrated Circuits (ICs) aimed at reducing power wastage. The function of a gate-driver IC is to amplify power, converting a low-power input from a control IC into a high-current drive input for the gate of a high-power switch. In a recent example from February 2023, Toshiba Electronic Devices & Storage Corporation, a Japanese developer of semiconductor technologies, released the TB9083FTG gate-driver IC. This product, which caters to automotive brushless DC (direct current) motors, has been designed for utilities including electric brakes, electric power steering, and shift-by-wire. Its launch comes in line with the tech industry's emphasis on progression and technological innovation. By controlling and driving external N-channel power MOSFETs (Metal-Oxide-Semiconductor Field-Effect Transistors), this offering is a vital part of navigating the automotive sector's shift into the electric vehicles domain.
Which Segments in the Energy Efficient Motor Market Offer the Most Profit Potential?
The energy efficient motor market covered in this report is segmented -
1) By Type: Super Premium-IE4, Premium-IE3, High-IE2, Standard-IE1
2) By Application: Pumps, Fans, Compressed Air, Refrigeration, Material Handling, Material Processing
3) By End User: Industrial, Commercial, Residential, Agriculture, Other End Users
Subsegments:
1) By Super Premium-IE4: Synchronous Motors, Asynchronous Motors, Permanent Magnet Motors
2) By Premium-IE3: Induction Motors, Squirrel Cage Motors, Direct Drive Motors
3) By High-IE2: Standard Induction Motors, Wound Rotor Motors, High-Efficiency Squirrel Cage Motors
4) By Standard-IE1: Standard Induction Motors, Open Drip Proof (ODP) Motors, Totally Enclosed Fan Cooled (TEFC) Motors
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Which Firms Dominate the Energy Efficient Motor Market by Market Share and Revenue in 2025?
Major companies operating in the energy efficient motor market are Siemens AG, General Electric Company, Mitsubishi Electric Corporation, Schneider Electric SE, Honeywell International Inc., ABB Ltd., Johnson Controls Inc., Nidec Corporation, Emerson Electric Company, Rockwell Automation Inc., Microchip Technology Inc., Bosch Rexroth AG, WEG Equipamentos Eletricos SA, Wolong Electric Group Co. Ltd., Havells India Ltd., CG Power and Industrial Solutions Ltd., Crompton Greaves Consumer Electricals Limited, Bharat Bijlee Limited, Marathon Electric India Pvt. Ltd., Elin Electronics Limited, Toshiba International Corporation Pty Ltd., Kirloskar Electric Company Ltd., Brook Crompton Greaves Limited, Integrated Electric Co. Pvt. Ltd., Regal Beloit Corporation, Elektrim Motors, Shanghai Top Motor Co.Ltd., Hoyer Motors, Baldor Electric Company
Which Regions Offer the Highest Growth Potential in the Energy Efficient Motor Market?
North America was the largest region in the energy efficient motor market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the energy efficient motor market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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