Press release
Global Motors & Drives Market to Reach USD 82.79 Billion by 2031 as APAC, Led by China, India, and Indonesia, Powers Economic Growth | Arizton
See detailed analysis here: https://www.arizton.com/market-reports/motors-and-drives-market
Global Motors & Drives Market Report Summary:
MARKET SIZE (2031): USD 82.79 Billion
MARKET SIZE (2025): USD 60.1 Billion
CAGR (2025-2031): 5.48%
HISTORIC YEAR: 2022-2024
BASE YEAR: 2025
FORECAST YEAR: 2026-2031
MARKET SEGMENTATION: Product Type, AC Product Mix, AC Product Voltage Ratings, DC Product Mix, DC Product Voltage Ratings, End-User, Sales Channel, and Geography
GEOGRAPHIC ANALYSIS: North America, Europe, APAC, Latin America, and Middle East & Africa
AC Motor Design Is Entering a New Efficiency-Driven Phase
Innovation in AC motor technology is creating strong growth opportunities in the global motors and drives market. Companies are increasingly focused on reducing lifetime operating costs, improving energy efficiency, and meeting stricter IE4 and IE5 efficiency standards. At the same time, the rapid growth of electric vehicles and rising sustainability concerns are changing how motors are designed and selected. As a result, the market is gradually moving away from traditional AC induction motors toward more efficient synchronous motor technologies. Newer solutions such as Synchronous Reluctance Motors and Permanent Magnet Synchronous Motors offer higher efficiency, better performance, and lower long-term costs, making them a preferred choice across industrial and mobility applications.
Recent Developments in the Motors & Drives Market
• In June 2025, ABB unifies motor and drive in a streamlined plug-and-play platform in Switzerland. It delivers the benefits of a high-efficiency motor and variable speed drive (VSD) technology in a single, compact, customizable, plug-and-play solution.
• Posco International has inaugurated a new electric vehicle motor core plant in Poland. The company aims to nearly double its global annual output capacity from the current 4 million units to 7.5 million units by 2030.
Predictive Intelligence Is Becoming Central to the Motors & Drives Market
The integration of sensors and edge-AI modules is gaining momentum in the global motors and drives market as companies increasingly prioritize real-time operational efficiency and asset reliability. Rising costs of unplanned downtime, the need to extend equipment life, and growing data volumes are collectively pushing the market away from reactive, schedule-based maintenance models. In response, manufacturers and end users are shifting toward data-driven asset management supported by localized edge-AI processing, which enables faster insights while minimizing latency challenges associated with cloud-dependent systems. As this transition continues, sensor- and edge-AI-enabled motors and drives are becoming central to strategies focused on improving uptime, controlling operating costs, and enhancing overall system performance.
Robots and Automation Drive the Transformation of Manufacturing Operations
Automation and robotics in manufacturing are emerging as key drivers of growth in the global motors and drives market. Increasing e-commerce activity, rising labor costs, and the demand for higher productivity are pushing manufacturers to replace legacy equipment with automated production lines, robots, and guided vehicles. This shift is fueling demand for torque-dense motors, BLDC and permanent magnet motors, advanced drives, and motor control electronics. The adoption of sensors and edge-AI modules further enables precise, efficient, and consistent operations, allowing faster changeovers and stricter tolerances. As industrial automation expands across manufacturing and logistics, the reliance on advanced motors and drives continues to grow, highlighting their central role in driving efficiency, productivity, and operational innovation.
China, India, and Japan Drive APAC's Leadership in the Global Motors and Drives Market
APAC accounts for the largest share of the global motors and drives market, supported by its extensive manufacturing base and ongoing industrial and infrastructure development across major economies. The region continues to benefit from steady urbanization, rising electricity consumption, and increasing adoption of automation across industries such as manufacturing, HVAC, utilities, and transportation. Countries including China, India, Japan, South Korea, and several Southeast Asian markets are seeing sustained investments in production capacity and modernization, which is driving consistent demand for motors and drives across a wide range of applications. Together, these factors position APAC as a key contributor to the long-term expansion of the global motors and drives market.
Access Demand Forecast by Segment, here: https://www.arizton.com/market-reports/motors-and-drives-market
Top Vendors in the Global Motors & Drives Market
Key Company Profile
• ABB
• Emerson Electric Co.
• Nidec Corporation
• Regal Rexnord Corporation
• Rockwell Automation, Inc.
• WEG
Other Prominent Company Profiles
• Danfoss
• Fuji Electric Co., Ltd.
• GE Vernova
• Hitachi Energy Ltd
• Innomotics
• Mitsubishi Electric Corporation
• Robert Bosch GmbH
• Schneider Electric
• SEW-EURODRIVE
• Siemens AG
• Wolong Electric Group
• Yaskawa Electric Corporation
• Allied Motion
• Ametek
• Applied Motion Products, Inc.
• ARC Systems, Inc.
• Beckhoff Automation
• Bonfiglioli
• CG Power and Industrial Solutions Limited
• Delta Electronics, Inc.
• Faulhaber Group
• Franklin Electric Co., Inc.
• Johnson Electric Holding
• Maxon Group
• Mechtex
• Nord Drivesystems GmbH
• Parker Hannifin Corporation
• Renesas Electronics
• Sanyo Denki
• TECO Electric & Machinery Co., Ltd.
• Toshiba Corporation
The Motors & Drives Market Size, Share, & Trends Analysis Report By
• Product Type: AC Motors & Drives and DC Motors & Drives
• AC Product Mix: AC Motors and AC Drives
• AC Motor Voltage Ratings: Low Voltage and Medium Voltage
• DC Product Mix: DC Motors and DC Drives
• DC Motor Voltage Ratings: Low Voltage, Medium Voltage, and High Voltage
• End-User: Manufacturing, HVAC & Buildings, Automotive, Construction & Mining, Utilities & Power Generation, and Others
• Sales Channel: Direct Sales and Indirect Sales
• Geography: North America, Europe, APAC, Latin America, and Middle East & Africa
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What Key Findings Will Our Research Analysis Reveal?
• How big is the global motors and drives market?
• What are the key trends in the global motors and drives market?
• What is the growth rate of the global motors and drives market?
• Which region holds the largest share of the global motors and drives market?
• Who are the key players in the global motors and drives market?
About Us:
Founded in 2017, Arizton Advisory & Intelligence delivers data-driven market research and strategic consulting that empowers clients to make informed decisions and drive growth. Combining quantitative and qualitative insights, we provide in-depth analysis across industries including Agriculture, Consumer Goods, Technology, Automotive, Healthcare, Data Centers, and Logistics. Recognized by top-tier media, our expert team transforms complex market data into actionable strategies, helping clients anticipate trends, seize opportunities, and stay ahead of the competition.
Contact Us
Mail: enquiry@arizton.com
Contact Us: https://www.arizton.com/contact-us
Website: https://www.arizton.com/
Call: +1 312-680-2940
Source: Arizton Advisory & Intelligence
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