North America Smart Motors Market to Soar with AI, IoT, and EV Innovations Through 2031 | Latest Developments and Updates 2025

DataM Intelligence has released its latest report on the Smart Motors Market 2025, offering comprehensive insights into industry trends, growth drivers, opportunities, and emerging challenges. Designed to empower businesses with actionable intelligence, the report combines in-depth qualitative and quantitative analysis to deliver a clear understanding of the market landscape.

Mergers & Acquisitions (M&A) in Smart Motors
Siemens Acquires ebm-papst Drive Technology Division: Siemens plans to acquire the industrial drive technology division of ebm-papst to enhance its factory automation business. The acquisition will allow Siemens to explore new business and customer opportunities in intelligent, battery-powered drive solutions for intralogistics and mobile robot solutions.

ABB to Acquire Power Electronics Business from Siemens Gamesa: ABB has announced an agreement to acquire the power electronics unit of Gamesa Electric in Spain from Siemens Gamesa to strengthen its position in renewable power conversion technology. The transaction is expected to be completed in the second half of 2025.

Moderate M&A Activity: The level of mergers and acquisitions activity in the smart motors industry is moderate. Larger companies are strategically acquiring smaller, specialized firms to expand their product portfolios and gain access to new technologies or markets. The total value of M&A activity in the last 5 years is estimated at approximately $5 billion.

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The Smart Motors Market refers to the industry focused on advanced electric motors integrated with sensors, IoT connectivity, and intelligent control systems to optimize performance, efficiency, and reliability across various industrial, automotive, and commercial applications. These motors offer real-time monitoring, predictive maintenance, and energy-efficient operation, enabling automation and enhanced operational productivity in smart factories, electric vehicles, HVAC systems, and robotics.

List of the Key Players in the Smart Motors Market:

Turntide Technologies, Schneider Electric, Technosoft SA, Siemens​ AG, Rockwell Automation, Inc, Somfy Systems, Inc, Moog Inc., WattLogic, Dunkermotoren GmbH,​ and HSD Sp, among others.

Key Development:

Advancements in EV Motor Technology: India is accelerating the development of electric vehicle (EV) motors that do not rely on rare-earth magnets. Sterling Gtake E-Mobility, in collaboration with Advanced Electric Machines, is testing magnet-free, high-density reluctance motors that use metal coils instead of rare-earths. Seven Indian automakers are evaluating the motors, with potential for commercial production within a year-well ahead of the earlier 2029 target.

AI-Driven Smart Motors by Siemens: In 2024, Siemens launched AI-driven smart motors focused on predictive maintenance and energy efficiency, targeting industrial automation and EV markets.

Axial-Flux Motors in High-Performance EVs: Mercedes-Benz acquired YASA to integrate axial-flux motor technology into its electric AMG models, aiming to enhance performance and reduce vehicle weight.

Hybrid-Excited Switched Reluctance Motors: Researchers have developed a new three-phase hybrid-excited multi-tooth switched reluctance motor with embedded permanent magnets, capable of achieving higher torque density for transportation electrification applications.

Growth Forecast Projected:

The Global Smart Motors Market is anticipated to rise at a considerable rate during the forecast period, between 2025 and 2032. In 2024, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

Research Process:

Both primary and secondary data sources have been used in the global Smart Motors Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

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Market Segmentation:

By Component (Variable Speed Drive, Motor Control Center, Motor, Sensors, Others)

By Offering (Product, Services)

By End-User (Automotive, Water & Wastewater Treatment, Oil & Gas, Chemical, Metal & Mining, Food & Beverages, Building & Construction, Others)

Regional Analysis for Smart Motors Market:

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Benefits of the Report:

Chapter 1: Outlines the scope of the report and presents an executive summary of different market segments, categorized by region, product type, and application. It highlights the market size of each segment, future growth potential, and offers a clear snapshot of the current market status along with projections for short-, mid-, and long-term developments.

Chapter 2: Shares key insights and highlights emerging trends shaping the industry, helping readers understand the forces driving market transformation.

Chapter 3: Delivers a detailed competitive analysis of leading Smart Motors manufacturers. It explores revenue shares, competitive positioning, latest strategic initiatives, mergers, and acquisitions.

Chapter 4: Profiles top market players, providing an in-depth look at company performance including product portfolios, revenue streams, gross margins, and recent innovations.

Chapters 5 & 6: Present regional and country-level revenue analysis, offering quantitative insights into market size, growth opportunities, and development potential. These chapters map out the global landscape and highlight future opportunities across key markets.

Chapter 7: Examines the market by Type, uncovering growth potential in each segment and helping readers opportunities.

Chapter 8: Focuses on the market by Application, showcasing development prospects in downstream markets and pointing toward high-growth areas for expansion.

Chapter 9: Analyzes the industry value chain, shedding light on both upstream suppliers and downstream applications to provide a holistic market perspective.

Chapter 10: Concludes with the report's key findings and actionable insights, giving businesses a strategic roadmap to capitalize on growth opportunities and maintain a competitive edge.

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People Also Ask:

Q: What is the current size of the Smart Motors Market?

A: The global smart motors market is expected to reach at a high CAGR during the forecast period (2024-2031).

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