Press release
Induction Motor Market Forecast 2035 | Key Driver, Restraint, and Growth Opportunity
Induction Motor Market Forecast 2035 | Key Driver, Restraint, and Growth Opportunity
Get the Detailed Industry Analysis (including the Table of Contents, List of Figures, and List of Tables) - from the Induction Motor Market Research Report: https://marketgenics.co/press-releases/induction-motor-market-78171
Global Induction Motor Market Forecast 2035:
According to the report, the global induction motor market is likely to grow from USD 24.4 Billion in 2025 to USD 49.4 Billion in 2035 at a highest CAGR of 7.3% during the time period. The induction motor market is currently experiencing momentum in the world with the governments and industrial actors focusing on energy efficiency, digitalization and electrification in various industries like manufacturing, HVAC, water treatment and mobility. As an example, in September 2025 ABB India had invested more than INR 140 crore in increasing its low-voltage motor-making capacity and introduced an IE5 ultra-premium efficiency range of induction motors with a maximum reduction in energy losses to as low as 40 per cent of that of its IE3 counterparts.
Likewise, in June 2025 ABB also launched its Baldor-Reliance SP4 IE4-rated water-and-wastewater-specific induction motor without the need of the auxiliary drives and with half the losses as with previous drives by approximately 20 percent. The trends are indicative of integrated growth forces such as regulatory requirement of increased efficiency, increasing levels of automation and retrofit, and increasing process electrification around the world.
"Key Driver, Restraint, and Growth Opportunity Shaping the Global Induction Motor Market
The market is also growing at an accelerated pace due to the replacement of old and inefficient motors with smart digitally connected induction motors. Predictive maintenance and energy optimization are made possible by enhanced monitoring of its performance with embedded sensors. In 2025, Siemens launched digitally integrated SIMOTICS Connect solutions, which integrate cloud-based analytics and induction motor systems, and it is driving the use of these solutions in automated manufacturing plants.
The inflexibility of older industrial infrastructure with high-efficiency or sensor-equipped induction motors remains a barrier to smooth modernization. Modifications of old systems are often expensive because old systems need to be retrofitted or new drives installed. The challenges were emphasized in the modernization programs of ABB in Southeast Asia where factories were experiencing difficulties in synchronization when integrating high-efficiency motors.
The growing renewable energy and electric mobility platform is also a good opportunity to induction motors in the solar-tracking, wind turbine, and EV drive system. The move by WEG to electric propulsion applications in 2025 is an indication of how manufacturers are tapping into motor skills to meet the new markets necessitating sustainability, and also to balance their revenue bases.
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Regional Analysis of Global Induction Motor Market
The Asia Pacific region has the highest demand on the induction motors due to the faster pace of industrial electrification, expanding manufacturing hubs and urban infrastructure. The emphasis on domestic production and integration of renewables by governments in addition to motivation. To highlight regional scaling to satisfy increasing demand, Toshiba announced increased motor manufacturing capacity in Japan on May 2025 to serve automation and EV-related industries. Asia Pacific has become the main center of high efficiency induction motor manufacturing due to favorable labor costs as well as strong supply networks.
The robust industrial retrofit, power grid modernization and reshoring efforts drive high growth in North America. In March 2025 Nidec expanded operations in its Arkansas plant to facilitate U.S. clean energy targets to bolster domestic supply to decrease reliance on imported motor parts.
The rise of the use of induction motors in Europe is also driven by the stringent EU energy-conservation policies and sustainability policies. WEG also in April 2025 increased its plant in Italy to make IE5-class induction motors, which is in line with decarbonization objectives in the region, and increasing demand of smart factories and renewable-powered facilities.
Prominent players operating in the global induction motor market are ABB Ltd., ATB Laurence Scott, Bharat Bijlee Limited, Emerson Electric Co., General Electric Company, Havells India Ltd., Hitachi Ltd., Hyosung Heavy Industries, Hyundai Electric & Energy Systems Co. Ltd., Johnson Electric Holdings Limited, Kirloskar Electric Company, MENZEL Elektromotoren GmbH, Nidec Corporation, Regal Rexnord Corporation, Rockwell Automation Inc., Schneider Electric SE, Siemens AG, TECO Electric & Machinery Co. Ltd., Toshiba Corporation, VEM Group, WEG Industries, Wolong Electric Group, and Other Key Players.
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The global induction motor market has been segmented as follows:
Global Induction Motor Market Analysis, by Motor Type
Squirrel Cage Induction Motors
Single Cage
Double Cage
Deep Bar
Wound Rotor (Slip Ring) Induction Motors
Linear Induction Motors
Global Induction Motor Market Analysis, by Phase Type
Single-Phase Induction Motors
Split Phase Motors
Capacitor Start Motors
Capacitor Run Motors
Shaded Pole Motors
Permanent Split Capacitor Motors
Three-Phase Induction Motors
Global Induction Motor Market Analysis, by Power Rating
Up to 1 kW
1 kW to 75 kW
75 kW to 375 kW
Above 375 kW
Global Induction Motor Market Analysis, by Speed Range
Below 1000 RPM
1000-3000 RPM
Above 3000 RPM
Global Induction Motor Market Analysis, by Mounting Type
Horizontal Mounting
Vertical Mounting
Flange Mounted
Foot Mounted
Face Mounted
Others
Global Induction Motor Market Analysis, by Voltage Range
Below 1 kV
1 kV to 5 kV
Above 5 kV
Global Induction Motor Market Analysis, by Cooling Method
Air Cooled
Liquid Cooled
Self-Cooled
Force Cooled
Global Induction Motor Market Analysis, by Frame Size
Small Frame (56-132)
Medium Frame (160-225)
Large Frame (250-355)
Extra Large Frame (Above 355)
Global Induction Motor Market Analysis, by Development Stage
Research & Development Phase
Testing & Evaluation Phase
Production Phase
Operational Deployment
Global Induction Motor Market Analysis, by End-Use Industry
Oil & Gas Industry
Pumps
Compressors
Drilling Equipment
Pipeline Transportation
Refinery Operations
Others
Water & Wastewater Treatment
Water Pumps
Sewage Pumps
Aeration Systems
Filtration Systems
Sludge Processing
Others
Chemical & Petrochemical Industry
Mixers and Agitators
Pumps
Compressors
Conveyors
Reactors
Others
Power Generation
Cooling Tower Fans
Boiler Feed Pumps
Coal Handling
Ash Handling
Auxiliary Systems
Others
Manufacturing & Industrial
Machine Tools
Textile Machinery
Paper & Pulp Processing
Plastic Processing
Metal Working
Others
Mining & Metals
Food & Beverage Industry
Automotive
HVAC Systems
Marine & Shipbuilding
Agriculture
Construction & Infrastructure
Other Industries
Global Induction Motor Market Analysis, by Region
North America
Europe
Asia Pacific
Middle East
Africa
South America
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MarketGenics is a global market research and management consulting company empowering decision makers across healthcare, technology, and policy domains. Our mission is to deliver granular market intelligence combined with strategic foresight to accelerate sustainable growth.
We support clients across strategy development, product innovation, healthcare infrastructure, and digital transformation.
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