Report Overview

2023

Base Year

2018-2023

Historical Year

2024-2032

Forecast Year

Global Medium Voltage Motor Market Outlook

In the forecast period of 2024-2032, the global medium voltage motor market size is expected to grow at a CAGR of around 5%. The growth of medium-voltage drives and distribution systems are projected to contribute to the industry growth opportunities over the coming years.

Medium Voltage Motors Market

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Properties and Applications

Medium voltage motors industry can be divided into segments like products and end-use.

Medium Voltage Motors Market By Segments

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AC and DC motors are the major types of medium voltage motors available in the market. The industry can be broadly categorised on the basis of its end-use into:

  • Process Industries
  • Discrete Industries
  • HVAC
  • Others

The EMR report looks into the regional markets of medium voltage motors like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.

Market Analysis

The medium voltage motor industry owes its growth to the efficient engineering of the motor which makes it economical to use. The growing demand for energy efficient motors is also contributing to the industry growth.

The AC type dominates the industry due their comparatively superior cooling efficiency as compared to DC motors. Regionally, the Asia Pacific is a major industry for medium voltage motors and is being driven by the rising industrialisation and rapidly growing population in the region.

Medium Voltage Motors Market By Region

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Competitive Landscape

The report presents a detailed analysis of the following key players in the global medium voltage motor industry, looking into their capacity, competitive landscape, and latest developments like plant turnarounds, capacity expansions, and mergers and acquisitions:

  • Menzel Elektromotoren GmbH
  • Brook Crompton UK Ltd
  • Regal Beloit Corporation
  • Toshiba International Corporation
  • Hoyer Motors
  • Bharat Bijlee Limited (BBL)
  • Baldor Electric Company, Inc.
  • Johnson Electric Holdings Ltd.
  • Rockwell Automation Inc.
  • Ametek, Inc.
  • Allied Motion Technologies Inc.
  • Others

The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter’s five forces.

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Product
  • End-Use
  • Region
Breakup by Product
  • AC-Motors
  • DC-Motors
Breakup by End-Use
  • Process Industries
  • Discrete Industries
  • HVAC
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Menzel Elektromotoren GmbH
  • Brook Crompton UK Ltd
  • Regal Beloit Corporation
  • Toshiba International Corporation
  • Hoyer Motors
  • Bharat Bijlee Limited (BBL)
  • Baldor Electric Company, Inc.
  • Johnson Electric Holdings Ltd.
  • Rockwell Automation Inc.
  • Ametek, Inc.
  • Allied Motion Technologies Inc.
  • Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

The global medium voltage motor market is projected to grow at a CAGR of 5% between 2024 and 2032.

The industry is being driven by the growing demand for energy-efficient motors, shifting focus towards innovative technology, growing uptake of low and medium voltage motors by the electronics and automotive industries, and increasing number of power generation, water and wastewater treatment, steel, cement plants.

The key trends augmenting the growth of the market are rapid industrialisation and population growth.

The major regions in the industry are North America, Latin America, Europe, Middle East and Africa, and Asia Pacific with Asia Pacific accounting for a significant share in the market.

AC-motors is the dominant product in the industry.

The leading end-uses in the industry are process industries, discrete industries, and HVAC.

The major players in the industry are Menzel Elektromotoren GmbH, Brook Crompton UK Ltd, Regal Beloit Corporation, Toshiba International Corporation, Hoyer Motors, Bharat Bijlee Limited (BBL), Baldor Electric Company, Inc., Johnson Electric Holdings Ltd., Rockwell Automation Inc., Ametek, Inc., Allied Motion Technologies Inc.and Others.

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