Electric Motors Household Appliances Market

Growing demand for home appliances

The market CAGR for electric motors household appliances is being driven by the rising demand for home appliances for the home, and air conditioning systems have increased in popularity, as has the demand for effective motors that run on electricity. While the electric motor in home appliances does not constitute the costliest element, it is the most important component for every home appliance to perform properly. Electric motors are more efficient, have automated controls, and give greater comfort and safety while using domestic goods. Utilizing motors powered by electricity helps address changing requirements while increasing living standards.

As a result, the rising affordability of home appliances is likely to propel the electric motor for the home appliance industry forward.

Furthermore, rising sensitivity to environmental concerns and the greenhouse impact will likely move customers' preferences towards electric vehicles, which will likely increase demand throughout the projection period. The market is more accepting of efficient motorized systems. The need for energy-efficient and better-efficiency goods will increase throughout the projected period. Modern home appliances decrease human work while providing greater home care. Furthermore, such gadgets contribute to lower client power expenditures.

The COVID-19 epidemic significantly influenced the electrical motors for home appliances business, as it has on many other industries. Lockdowns imposed by governments worldwide hindered the production and sale of electric motors. The disruption of the global supply chain and the halting of shipments of raw materials essential for production also impacted the market's growth. Furthermore, changes in consumer purchasing behavior due to economic uncertainty influenced market demand. However, market demand is progressively increasing as diverse commercial and industrial operations return to routine.

The progressive reopening of production facilities is projected to boost the market value of electric motors for home goods.

The Global Electric Motors Household Appliances Market Industry is poised for substantial growth, with projections indicating a market value of 12.1 USD Billion in 2024 and an anticipated increase to 19.8 USD Billion by 2035. This growth trajectory suggests a compound annual growth rate of 4.6 percent from 2025 to 2035. Such figures highlight the increasing reliance on electric motors in household appliances, driven by factors such as energy efficiency, technological advancements, and changing consumer preferences. The market's expansion reflects broader trends in sustainability and innovation within the appliance sector.

The Global Electric Motors Household Appliances Market Industry is experiencing a notable shift towards energy-efficient appliances. As consumers become increasingly aware of environmental impacts, the demand for electric motors that minimize energy consumption is rising. For instance, energy-efficient motors can reduce energy use by up to 30 percent compared to traditional models. This trend is likely to drive the market, with projections indicating a market value of 12.1 USD Billion in 2024. Manufacturers are responding by innovating and producing motors that comply with stringent energy standards, thereby enhancing their market competitiveness.

Government regulations aimed at promoting energy efficiency and reducing carbon emissions are influencing the Global Electric Motors Household Appliances Market Industry. Many countries are implementing stringent standards for electric motors, encouraging manufacturers to innovate and comply with these regulations. Incentives such as tax rebates for energy-efficient appliances further stimulate consumer interest. For instance, the introduction of energy labels helps consumers make informed choices, thereby driving sales of compliant products. These regulatory frameworks are expected to enhance market growth, aligning with global sustainability goals.

The Global Electric Motors Household Appliances Market Industry is witnessing a shift in consumer preferences towards smart appliances. As technology advances, consumers increasingly seek appliances that offer connectivity and automation features. Electric motors play a crucial role in enabling these smart functionalities, enhancing user experience and convenience. For example, smart refrigerators and washing machines equipped with electric motors can be controlled remotely, providing users with greater flexibility. This trend is likely to drive market growth, as manufacturers invest in integrating smart technologies into their product lines.

Urbanization is a significant driver of the Global Electric Motors Household Appliances Market Industry. As more individuals move to urban areas, the demand for household appliances equipped with electric motors is increasing. This trend is further supported by rising disposable incomes, enabling consumers to invest in modern, efficient appliances. Households in urban settings often prioritize convenience and efficiency, leading to a higher adoption rate of electric motor-driven appliances. This demographic shift is likely to bolster market growth, contributing to a compound annual growth rate of 4.6 percent from 2025 to 2035.

Technological innovations are reshaping the Global Electric Motors Household Appliances Market Industry. Advances in motor design, such as the development of brushless DC motors and smart motor technologies, are enhancing performance and reliability. These innovations not only improve efficiency but also extend the lifespan of household appliances. For example, smart motors can communicate with home automation systems, optimizing energy use based on real-time data. This evolution is expected to contribute to a market growth trajectory, with an anticipated increase to 19.8 USD Billion by 2035, reflecting the industry's adaptability to consumer needs.

By region, the research provides market insights into North America, Europe, Asia-Pacific, and the Rest of the World. The North American Electric Motors Household Appliances market area accounts for the second-highest market share, owing to the growing cost of household goods and expanded production and assemblage of electrical motors for these devices to fulfill the needs of consumers to meet the market growth & demand in the North American region.

Further, the major countries studied in the market report are the US, Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.

Figure 2: Electric Motors Household Appliances Market Share by Region 2022 (USD Billion)

Source: Secondary Research, Primary Research, Market Research Future Database, and Analyst Review

Europe region’s Electric Motors Household Appliances market is expected to grow quickly during the projected timeframe owing to the region's increased need for gadgets and the equipment's accessibility. Further, the German Electric Motors Household Appliances market holds the largest market share, and the UK Electric Motors Household Appliances market is expected to grow and expand significantly in the European region during the projected timeframe.

The Asia-Pacific Electric Motors Household Appliances Market will dominate this market during the projected timeframe. This is due to household sector expansion, increasing per-capita income, and rising consumer appetite for appliances for home use are all expected to add to the APAC market. Moreover, China’s Electric Motors Household Appliances market dominates the market share, and the Indian Electric Motors Household Appliances market is expected to expand and grow steadily in the Asia-Pacific region during the projected timeframe.

Leading market players invested heavily in research and Development (R&D) to scale up their manufacturing units and develop technologically advanced solutions, which will help the Electric Motors Household Appliances market grow worldwide. Market participants are also undertaking various organic or inorganic strategic approaches to strengthen and expand their global footprint, with significant market developments including new product portfolios, contractual deals, mergers and acquisitions, capital expenditure, higher investments, and strategic alliances with other organizations. Businesses are also coming up with marketing strategies such as digital marketing, social media influencing, and content marketing to increase their scope of profit earnings.

The Electric Motors Household Appliances industry must offer cost-effective and sustainable options to survive in a highly fragmented and dynamic market climate.

Manufacturing locally to minimize operational expenses and offer aftermarket services to customers is one of the critical business strategies organizations use in the global Electric Motors Household Appliances industry to benefit customers and capture untapped market share and revenue. The Electric Motors Household Appliances industry has recently offered significant advantages to the Industrial Motors, Pumps, and Control Devices industry. Moreover, more industry participants are utilizing and adopting cutting-edge Technology has grown substantially.

Major players in the Electric Motors Household Appliances market, including Johnson Electric Holdings Limited (Hong Kong), EBM-PAPST (Germany), Nichibo DC Motor (China), Sunonwealth Electric Machine Industry Co., Ltd. (Taiwan), Nidec Motor Corporation (Japan), Cebi Group (Luxembourg), Elica S.p.A. (Italy), Newmotech Co., Ltd (South Korea), Diehl Stiftung & Co. KG (Germany), Dumore Motors (US), CG Power and Industrial Solutions Limited (India), NMB (US), Panasonic Corporation (Japan), Keli Motor Group Co., Ltd. (China), and Sanhua Aweco (Germany) are attempting to expand market share and demand by investing in R&D operations to produce sustainable and affordable solutions.

General Electric Company is a multinational technology & financial services organization. It works in four categories: power, renewable energy, aerospace, and finance. Thomas Alva Edison created the corporation in 1878, and it has its headquarters in Boston, Massachusetts. GE Appliances confirmed proposals to spend 450 million dollars in its huge Kentucky plants to increase production and introduce novel offerings on October 29, 2021.

Siemens is a worldwide powerhouse focused on electricity production and shipping, smart technologies for building and renewable power systems, and manufacturing and manufacturing automation & digitalization. Siemens stated in March 2021 that the Simotics SD motor series versions would now be developed to deliver Superior Efficiency level performance by the requirements of the European ErP Directive. The business also indicated that its electrical motors would be offered in the IE4 spectrum, with power ratings ranging from roughly 3 HP to over 1,300 HP and varied pole designs.