Global Electric Motor Market Size & Outlook, 2026-2033

The global electric motor market size was estimated at USD 212,963.8 million in 2025 and is projected to reach USD 405,671.5 million by 2033, growing at a CAGR of 8.5% from 2026 to 2033.
Revenue, 2025 (US$M)
$212,963.8
Forecast, 2033 (US$M)
$405,671.5
CAGR, 2026 - 2033
8.5%
Report Coverage
Worldwide

Global electric motor market, 2021-2033 (US$M)

To keep accessing Horizon, please sign in or register for a free account

  • Access to global market statistics
  • Access to company profiles
  • Free use-cases & research insights

No credit card required*

Global electric motor market highlights

  • The global electric motor market generated a revenue of USD 212,963.8 million in 2025 and is expected to reach USD 405,671.5 million by 2033.
  • The market is expected to grow at a CAGR (2026 - 2033) of 8.5% by 2033.
  • In terms of segment, ac motor accounted for a revenue of USD 229,177.0 million in 2025.
  • AC Motor is the most lucrative motor segment registering the fastest growth during the forecast period.
  • In terms of region, Asia Pacific was the largest revenue generating market in 2025.

Global data book summary

Market revenue in 2025USD 212,963.8 million
Market revenue in 2033USD 405,671.5 million
Growth rate8.5% (CAGR from 2026 to 2033)
Largest segmentAc motor
Fastest growing segmentAC Motor
Historical data covered2021 - 2024
Base year for estimation2025
Forecast period covered2026 - 2033
Quantitative unitsRevenue in USD million
Market segmentationAC Motor

Other key industry trends

  • In terms of revenue, the North America accounted for 18.4% of the global electric motor market in 2025.

No credit card required*

Horizon in a snapshot

  • 30K+ Global Market Reports
  • 120K+ Country Reports
  • 1.2M+ Market Statistics
  • 200K+ Company Profiles
  • Industry insights and more

Electric Motor Market Companies

Name Profile # Employees HQ Website
Nidec Motor Corporation View profile 5001-10000 St Louis, Missouri, United States, North America https://acim.nidec.com/motors
Franklin Electric Co Inc View profile 6400 9255 Coverdale Road, Fort Wayne, IN, United States, 46809 https://www.franklin-electric.com
Johnson Electric Holdings Ltd View profile 35000 6th Floor, 12 Science Park East Avenue, Hong Kong Science Park, Shatin, New Territories, Hong Kong, Hong Kong https://www.johnsonelectric.com
Oriental Motor USA View profile 101-250 Torrance, California, United States, North America http://orientalmotor.com
Regal Rexnord Corp View profile 32100 111 West Michigan Street, Milwaukee, WI, United States, 53203 https://www.regalrexnord.com
Allied Motion Technologies View profile 1001-5000 Amherst, New York, United States, North America http://www.alliedmotion.com
AMETEK Inc View profile 21500 1100 Cassatt Road, Berwyn, PA, United States, 19312-1177 https://www.ametek.com
Siemens AG View profile 321000 Werner-von-Siemens-Strabe 1, Munich, BY, Germany, 80333 https://www.siemens.com
ABB Ltd View profile 108700 Affolternstrasse 44, Zurich, Switzerland, 8050 https://www.abb.com
Schneider Electric SE View profile 162339 35, rue Joseph Monier - CS 30323, Rueil Malmaison, France, F-92506 https://www.se.com

Global electric motor market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to electric motor market will help companies and investors design strategic landscapes.


Ac motor was the largest segment with a revenue share of 107.61% in 2025. Horizon Databook has segmented the Global electric motor market based on ac motor covering the revenue growth of each sub-segment from 2021 to 2033.


  • Global Electric Motor Motor Outlook (Revenue, USD Million, 2021-2033)
    • AC Motor
      • Synchronous AC Motor
      • Induction AC Motor
    • DC Motor
      • Brushed DC Motor
      • Brushless DC Motor
    • Hermetic Motor
  • Global Electric Motor Power Output Outlook (Revenue, USD Million, 2021-2033)
    • Integral HP Output
    • Fractional HP Output
  • Global Electric Motor Application Outlook (Revenue, USD Million, 2021-2033)
    • Industrial Machinery
    • Motor Vehicles
    • HVAC Equipment
    • Aerospace & Transportation
    • Household Appliances
    • Others

Reasons to subscribe to Global electric motor market databook:

  • Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
  • Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
  • Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
  • Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
  • Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.

Target buyers of Global electric motor market databook

  • Our clientele includes a mix of electric motor market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

Horizon Databook provides a detailed overview of global-level data and insights on the Global electric motor market , including forecasts for subscribers. This global databook contains high-level insights into Global electric motor market from 2021 to 2033, including revenue numbers, major trends, and company profiles.

Partial client list

  • logo

Global electric motor market size, by regions, 2021-2033 (US$M)

Sign up - it's easy, and free!

Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our free plan indefinitely.

Explore all plans

Included in Horizon account

  • 30K+ Global Market Reports
  • 120K+ Country Reports
  • 1.2M+ Market Statistics
  • 200K+ Company Profiles
  • Industry insights and more
Chat with us
Research Assistance
Online