Electric Ac Motors Market Is Estimated To Surge Ahead At A Cagr Of...

Electric Ac Motors Market Is Estimated To Surge Ahead At A Cagr Of 8% From 2025 To 2034

Đã đăng 2025-07-16 12:31:18

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According to Custom Market Insights (CMI), the global electric AC motors market was valued at approximately USD 110 billion in 2021 and is projected to reach nearly USD 208 billion by 2030. This growth trajectory represents a compound annual growth rate (CAGR) of around 8% during the forecast period spanning from 2022 to 2030.

The comprehensive research report offers a holistic, 360-degree analysis of the drivers and restraints influencing the electric AC motors market, along with their corresponding impact on demand during the forecast period. Furthermore, the study highlights global market opportunities and presents a thorough competitive landscape analysis to guide strategic decision-making.

Electric AC Motors Market: Overview

Electric AC motors are utilized across a wide spectrum of applications, including machine tools, household appliances, HVAC systems, transportation, and industrial equipment. In industrial settings, these motors are primarily employed to convert electrical energy into mechanical power. Single-phase AC motors, due to their compact design and cost-effectiveness, are frequently used in smaller household appliances such as fans, refrigerators, washing machines, hair dryers, and mixers.

The rising trend toward industrial automation, growing demand for electric AC motor-powered appliances, low manufacturing costs, high durability, and increasing integration in HVAC systems are among the core factors propelling market expansion.

Browse the full “Electric AC Motors Market Size, Trends and Insights By Type (Induction, Synchronous), By Voltage (Integral, Fractional), By End-use Industries (Industrial Machinery, Household Appliances, HVAC Equipment, Motor Vehicles, Aerospace & Transportation, Others), and By Region – Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2022–2030” report at:
https://www.custommarketinsights.com/report/electric-ac-motors-market/

Growth Factors

One of the primary factors fueling the growth of the electric AC motors market is the superior efficiency of AC synchronous motors. These motors are increasingly in demand for precision machine control, especially in the automotive sector. In addition, stringent government regulations aimed at promoting energy efficiency are further accelerating the need for advanced electric motor technologies.

The growing adoption of electric motors across various industrial domains is also contributing significantly to market growth. Electric motors are widely used in pump and fan systems, with three-phase AC induction motors dominating industrial operations due to their reliability, low cost, and robust performance.

A further key growth driver is the escalating demand for HVAC systems. The expanding need for efficient heating and cooling in residential, commercial, and industrial spaces has bolstered the growth of the HVAC industry. In turn, this has led to greater incorporation of electric motors into HVAC equipment. Many developing countries are witnessing rapid construction growth, rising standards of living, and an increased focus on energy-efficient infrastructure—all of which support long-term demand for electric AC motors.

Segmental Overview

The electric AC motors market is segmented based on type, voltage, and end-use industries.

By end-use industry, the motor vehicles segment is expected to maintain a dominant position throughout the forecast period of 2022 to 2030. The growing global automotive industry, coupled with rising consumer interest in electric vehicles, has led to the increasing adoption of AC motors due to their ease of installation, safety features, and ability to deliver consistent torque output.

The HVAC equipment segment is projected to grow at a significant rate through 2030, driven by infrastructure development in emerging economies and the need for reliable and efficient climate control systems. The industrial machinery segment is also expected to witness notable growth, ranking as the second-fastest expanding segment during the forecast period.

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Regional Overview

The Asia Pacific region emerged as the largest market for electric AC motors in 2021 and is anticipated to maintain its leading position in the coming years. Rapid industrialization in countries throughout the region has spurred the adoption of digital and internet-based technologies across multiple sectors.

According to data from the GSM Association, advanced economies within Asia Pacific—including South Korea, Japan, and Australia—are exploring a wide range of connected services and devices. In addition, the region hosts the world's largest automotive manufacturing hubs, further fueling demand for electric AC motors.

China, in particular, is experiencing strong growth in the industrial and automotive sectors, with continued investment in manufacturing technologies. These developments are expected to contribute significantly to the regional growth of the electric AC motors market.

Key Players Insights

The competitive landscape of the electric AC motors market is characterized by robust activity from key players employing various strategies such as mergers and acquisitions, R&D investments, new product launches, and expansion of production capabilities. The report provides comprehensive information regarding financial performance, market presence, operational capacities, and product portfolios of leading companies in the space.

Some of the major players in the electric AC motors market include: