As per MRFR analysis, the APAC Electric Motors Market Size was estimated at 56.8 (USD Billion) in 2023.The APAC Electric Motors Market is expected to grow from 60(USD Billion) in 2024 to 122.46 (USD Billion) by 2035. The APAC Electric Motors Market CAGR (growth rate) is expected to be around 6.701% during the forecast period (2025 - 2035).
Key APAC Electric Motors Market Trends Highlighted
The expanding industrial and technical landscape of the region is reflected in a number of significant market trends currently affecting the APAC electric motors market. The growing need for energy-efficient electric motors, which is being fueled by strict government regulations aimed at lowering energy consumption and greenhouse gas emissions, is one of the main market drivers.
APAC nations like China, Japan, and India are promoting the use of modern motor technologies by establishing aggressive goals for the use of renewable energy. As companies look to increase production efficiency and lower operating costs, the development of automation and smart manufacturing processes is also driving the growth of electric motors.
The expanding market for electric vehicles, where electric motors are essential components of drivetrains, presents opportunities for investigation. More manufacturers are investing in the development of electric motors for automobiles as a result of governments throughout Asia Pacific pushing for cleaner transportation options.
Furthermore, predictive maintenance and performance improvement are possible with the incorporation of Internet of Things (IoT) technology into electric motors, opening up new opportunities for industry participants.
Brushless DC motors are becoming more popular, according to recent trends, because of their better dependability and performance. Demand is also being fueled by the growth of the industrial sector in developing nations like Vietnam and Indonesia.
Energy-efficient motors are becoming more and more necessary for a variety of applications, from industrial machinery to HVAC systems, as the region continues to become more urbanized. The future growth of the APAC electric motors market is being shaped by this trend, which emphasizes efficiency and sustainability.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
APAC Electric Motors Market Drivers
Rapid Growth in Industrial Automation
The APAC Electric Motors Market is witnessing a significant drive due to the rapid growth in industrial automation across the region. With governments in countries like China and Japan investing heavily in manufacturing technologies, there has been a pronounced shift towards automation.
The Annual Manufacturing Technology Report highlighted that the use of automation in industrial processes has increased by 35% in the last five years, thereby increasing the demand for electric motors.
Notable companies such as Siemens and Mitsubishi Electric are expanding their manufacturing facilities in APAC, reflecting their commitment to this transformative trend. This growth presents a substantial opportunity for the electric motors market as automated systems increasingly rely on efficient and high-performance motors.
Surge in Electric Vehicle Production
The rising trend of electric vehicle (EV) production in the APAC region is a crucial driver for the APAC Electric Motors Market. Countries like China are leading the charge with a mandate for 20% of new cars to be electric by 2025, according to government regulations. This shift has led to a 50% year-on-year increase in electric vehicle sales in 2023.
Major automotive manufacturers such as BYD and Toyota are significantly ramping up their production capacities, which in turn boosts the demand for electric motors used in EVs. This burgeoning market not only supports sustainable energy initiatives but also presents lucrative opportunities for electric motor suppliers due to the scale of production required.
Advancements in Energy Efficiency Regulations
Stringent energy efficiency regulations being implemented across the APAC region are significantly contributing to the growth of the APAC Electric Motors Market. Governments are increasingly mandating the adoption of high-efficiency electric motors to reduce energy consumption and mitigate environmental impacts.
For instance, the Korean Energy Agency reported that the adoption of energy-efficient motors has seen a 40% increase in compliance since the introduction of new standards in 2021.
Organizations like the International Energy Agency are advocating for better energy consumption practices, enhancing the market potential for manufacturers producing advanced electric motors. This trend not only contributes to environmental sustainability but also helps businesses lower operational costs, driving the market forward.
Increasing Adoption of Renewable Energy Sources
The growing adoption of renewable energy sources is another pivotal driver for the APAC Electric Motors Market. With countries like India and Australia setting ambitious targets for renewable energy generation, investments in wind and solar power projects have surged.
According to the India Renewable Energy Development Agency, India's renewable energy capacity is expected to touch 175 GW by 2022, which involves significant deployment of electric motors for energy conversion.
Companies such as GE Renewable Energy are actively participating in the APAC market, contributing to the demand for electric motors used in harnessing and converting renewable energy. This shift towards green energy not only aligns with global sustainability goals but is also expected to accelerate the growth of the electric motors market in APAC.
APAC Electric Motors Market Segment Insights
Electric Motors Market Product Type Insights
The APAC Electric Motors Market is experiencing considerable growth, primarily driven by the increasing demand for energy-efficient and sustainable solutions across various industries. Within this market, the Product Type segmentation plays a crucial role, encompassing AC Motors, DC Motors, and Hermetic Motors, each contributing significantly to the overall market dynamics.
AC Motors are widely adopted due to their simplicity and durability, making them an industry favorite for applications ranging from industrial machinery to residential appliances, thereby holding a substantial share in the market.
Their ability to operate under various conditions and low maintenance requirements further enhance their appeal, particularly in the manufacturing and HVAC sectors, which are prominent in APAC countries.
On the other hand, DC Motors are celebrated for their precise speed control and high torque capabilities, positioning themselves as essential components in sectors such as robotics, automotive applications, and electric vehicles.
This adaptability boosts their importance and optimal use in high-performance environments. Furthermore, Hermetic Motors, which are designed to function safely in closed systems, offer significant advantages in refrigerating and air-conditioning devices.
Their capability to operate in high humidity and corrosive environments makes them invaluable in the HVAC and food processing industries, reflecting the growing focus on advanced technological solutions in these sectors.
Overall, the APAC Electric Motors Market segmentation indicates a balanced distribution of demand for each Product Type, meeting varied industry requirements and aligning with current trends in sustainable and energy-efficient technologies.
The substantial investment in infrastructure development and the rising initiatives around electrification of transportation in the APAC region create a favorable environment for all three product types, encouraging manufacturers to innovate and expand their offerings.
This strategic focus not only caters to existing market needs but also positions the APAC Electric Motors Market to capitalize on future growth opportunities presented by rapidly evolving technological advancements.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Electric Motors Market Application Type Insights
The Application Type segment of the APAC Electric Motors Market presents a diverse landscape, crucial for various industries driving significant growth in the region. The Aerospace and Transportation sector plays a critical role, particularly with the increasing demand for efficient and sustainable transport solutions, including electric planes and trains.
Industrial Machinery is another key player, as electric motors are essential for automation and efficiency in manufacturing processes. In the Motor Vehicles category, the shift towards electric vehicles is a driving force, with electric motors serving as the backbone of these advanced automotive technologies, responding to growing environmental concerns.
HVAC Equipment is essential for energy-efficient climate control systems in buildings, contributing to the market's expansion as urbanization continues to rise in APAC countries. Household Appliances represent a significant portion of the market as consumers seek energy-saving solutions for their homes.
Furthermore, the Others category includes various innovative applications, showcasing the versatility of electric motors across different fields. Collectively, these segments reflect the dynamic nature of the APAC Electric Motors Market, fueled by trends toward sustainability, automation, and energy efficiency.
Electric Motors Market Power Output Insights
The Power Output segment of the APAC Electric Motors Market holds substantial importance due to its critical role in a variety of industrial and commercial applications. This segment can be broadly categorized into two categories: Integral HP Output and Fractional HP Output, which cater to different operational needs.
Integral HP Output typically serves high-performance applications, which are crucial for industries such as manufacturing, HVAC, and water treatment, as they require robust and efficient motor solutions. In contrast, Fractional HP Output is more prevalent in consumer electronics and small machinery, demonstrating its versatility across numerous sectors.
The increase in industrial automation and strict energy efficiency regulations in APAC countries drive the demand for electric motors across both categories. Moreover, rising environmental awareness has prompted industries to seek energy-efficient solutions, thereby increasing the adoption of electric motors with varying power outputs.
The advancements in motor technology and ongoing investment in infrastructure development in the APAC region further enhance the growth prospects of this segment.
Additionally, the integration of smart technologies and IoT in electric motors allows for improved efficiency and performance, making both Integral and Fractional HP Outputs significant players in the evolving APAC Electric Motors Market landscape.
Electric Motors Market Regional Insights
The APAC Electric Motors Market is experiencing substantial growth, driven by increasing industrialization and demand for energy-efficient products.
China stands out as a major player in the market, given its extensive manufacturing sector and investments in electric vehicles. India's focus on sustainable development and the shift towards renewable energy sources significantly boost its market presence.
Japan's advanced technology and innovation contribute to a strong position in the segment, especially in robotics and automation applications. South Korea benefits from its robust electronics industry, while Malaysia and Thailand see growing markets due to automotive and industrial sector advancements.
Indonesia's emerging economy, coupled with government initiatives to enhance infrastructure, creates further opportunities within the electric motors market. The rest of the APAC region is also expanding as various countries adopt electric motor technologies to enhance efficiency and comply with environmental regulations.
Overall, the regional dynamics reflect a diverse and evolving market landscape driven by technological advancements, environmental concerns, and governmental support across these countries, positioning the APAC Electric Motors Market for significant future growth.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
APAC Electric Motors Market Key Players and Competitive Insights
The APAC Electric Motors Market is characterized by a dynamic landscape that showcases a blend of established players and emerging innovators. The region has experienced significant growth in demand for electric motors across various industries, such as manufacturing, automotive, and consumer electronics, fueled by urbanization, industrialization, and a shift toward automation.
Competitive insights reveal that companies are focusing on technological advancements, efficiency enhancements, and sustainability measures. This market is witnessing an influx of investments aimed at research and development, which not only drive product innovation but also enhance operational efficiencies, thereby contributing to the overall competitiveness of firms within the APAC region.
Companies are also navigating through regulatory frameworks and adapting to the green energy movement, setting the stage for a highly competitive environment. Omron stands out in the APAC Electric Motors Market with a robust market presence characterized by its commitment to innovation and high-quality standards.
The company effectively leverages its technological prowess to deliver a range of electric motor solutions that focus on energy efficiency and reliability, catering to diverse industry needs. Omron's strengths lie in its comprehensive product offerings and demonstrated ability to adapt to customer requirements, including miniaturization and increased performance of electric motors.
The company has also forged strategic partnerships and collaborative ventures that enhance its footprint in the region, allowing it to meet the burgeoning demand for smart manufacturing solutions. Its focus on sustainability and integration of Internet of Things (IoT) technologies into its products further solidifies its position as a key player in the APAC Electric Motors Market.
ABB has established itself as a formidable entity in the APAC Electric Motors Market through a diverse portfolio of offerings that encompass various segments of electric motor technologies. The company's strengths lie in its wide-ranging solutions, including industrial electric motors, drives, and digital solutions, which are tailored to optimize energy usage and enhance productivity for end-users.
ABB's market presence is bolstered by its continuous investments in research and development and strategic mergers and acquisitions, allowing it to expand its capabilities and access new markets. The company focuses on high-efficiency and low-emission electric motors, aligning with global trends towards sustainability.
By embracing innovations and responding effectively to changing market dynamics, ABB remains well-positioned to tackle challenges and seize growth opportunities within the APAC region.
Key Companies in the APAC Electric Motors Market Include:
APAC Electric Motors Market Developments
The APAC Electric Motors Market has seen significant developments recently, driven by increasing demand for energy-efficient solutions. In September 2023, Mitsubishi Electric announced advancements in its motor technology aimed at enhancing efficiency and reducing energy consumption.
Concurrently, in October 2023, GE unveiled a new line of electric motors designed for the renewable energy sector, aligning with sustainability goals. Growth in this market is further propelled by the increasing adoption of electric vehicles and automation across various industries, notably in China and India, where government initiatives encourage the transition to green technologies.
Notably, in August 2023, Siemens and Schneider Electric were reported to collaborate on integrating their electric motor technologies to provide smarter factory solutions, reflecting the trend towards interconnected industrial equipment.
In terms of mergers and acquisitions, LG Electronics acquired a majority stake in a regional electric motor manufacturer in July 2023, aimed at bolstering its production capabilities in the APAC region.
The valuation of major players like ABB, Nidec, and Yaskawa Electric has also witnessed growth, reflecting heightened competition and investment in Research and Development. These developments signify a robust trajectory for the electric motors sector in APAC.
APAC Electric Motors Market Segmentation Insights
| Report Attribute/Metric Source: | Details |
| MARKET SIZE 2023 | 56.8(USD Billion) |
| MARKET SIZE 2024 | 60.0(USD Billion) |
| MARKET SIZE 2035 | 122.46(USD Billion) |
| COMPOUND ANNUAL GROWTH RATE (CAGR) | 6.701% (2025 - 2035) |
| REPORT COVERAGE | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| BASE YEAR | 2024 |
| MARKET FORECAST PERIOD | 2025 - 2035 |
| HISTORICAL DATA | 2019 - 2024 |
| MARKET FORECAST UNITS | USD Billion |
| KEY COMPANIES PROFILED | Omron, ABB, Nidec, Mitsubishi Electric, GE, Delta Electronics, LG Electronics, Panasonic, Siemens, Schneider Electric, Yaskawa Electric, Rockwell Automation, Emerson Electric, Toshiba, Hitachi |
| SEGMENTS COVERED | Product Type, Application Type, Power Output, Regional |
| KEY MARKET OPPORTUNITIES | Growing demand for renewable energy, Expansion in electric vehicle production, Industrial automation and robotics growth, Advancements in motor efficiency, Increased focus on energy conservation |
| KEY MARKET DYNAMICS | growing industrial automation, increasing electric vehicle demand, rise in energy efficiency regulations, expanding manufacturing sector, advancements in motor technology |
| COUNTRIES COVERED | China, India, Japan, South Korea, Malaysia, Thailand, Indonesia, Rest of APAC |
Frequently Asked Questions (FAQ) :
The APAC Electric Motors Market is expected to be valued at 60.0 USD Billion in 2024.
By 2035, the APAC Electric Motors Market is projected to reach a value of 122.46 USD Billion.
The market is expected to grow at a CAGR of 6.701% from 2025 to 2035.
China is expected to dominate the market with a valuation of 56.0 USD Billion by 2035.
AC Motors are projected to have a market value of 51.0 USD Billion by 2035.
The market for DC Motors is expected to reach 40.0 USD Billion by 2035.
Key players include Omron, ABB, Nidec, Mitsubishi Electric, and Siemens.
Japan's electric motors market is expected to have a value of 21.0 USD Billion by 2035.
Opportunities for growth include increasing demand for automation and energy-efficient technologies.
The market outlook for South Korea's electric motors segment is projected to reach 15.0 USD Billion by 2035.
Leading companies partner with us for data-driven Insights.
Kindly complete the form below to receive a free sample of this Report
Research Analyst Level I In her 3 years of experience in the market research field, she has handled critical cross-domain projects. she has an in-depth knowledge of market estimation & analysis, problem-solving, primary as well as secondary research, and team management.she holds an engineering degree and is an mba professional from a well-known university, capable of evaluating the market and competitive conditions. an exceptional strategist with excellent communication skills and a passion for delivering cutting-edge & practical insights for the market. proficient in multi-tasking, and can successfully deal with competing demands, while maintaining complete confidentiality. generated business through active client and project development, networking, and high-quality responses. her knowledge and skills have helped in making solid business decisions, securing funding from investors, and avoiding business failures.
Get in Touch
© 2025 Market Research Future ® (Part of WantStats Reasearch And Media Pvt. Ltd.)
