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    Rolled Steel Motor Market

    ID: MRFR/AM/35853-HCR
    100 Pages
    Swapnil Palwe
    September 2025

    Rolled Steel Motor Market Research Report By Application (Industrial Machinery, Automotive, Aerospace, Construction Equipment), By Power Rating (Low Power, Medium Power, High Power), By Motor Type (AC Motor, DC Motor, Stepper Motor), By Winding Type (Single Phase, Three Phase, Universal) and By Regional (North America, Europe, South America, Asia Pacific, Middle East and Africa) - Forecast to 2034

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    Rolled Steel Motor Market Research Report — Global Forecast till 2034 Infographic
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    Rolled Steel Motor Market Summary

    The Global Rolled Steel Motor Market is projected to grow from 30.2 USD Billion in 2024 to 39.5 USD Billion by 2035.

    Key Market Trends & Highlights

    Rolled Steel Motor Key Trends and Highlights

    • The market is expected to experience a compound annual growth rate (CAGR) of 2.46 percent from 2025 to 2035.
    • By 2035, the market valuation is anticipated to reach 39.5 USD Billion, indicating steady growth.
    • In 2024, the market is valued at 30.2 USD Billion, reflecting a robust demand for rolled steel motors.
    • Growing adoption of energy-efficient technologies due to increasing environmental regulations is a major market driver.

    Market Size & Forecast

    2024 Market Size 30.2 (USD Billion)
    2035 Market Size 39.5 (USD Billion)
    CAGR (2025-2035) 2.46%

    Major Players

    Mitsubishi Electric, Emerson Electric, Bosch Rexroth, Nidec, Toshiba, Yaskawa Electric, WEG, Honeywell, Siemens, Regal Beloit, General Electric, Schneider Electric, Sakaki, ABB, Rockwell Automation

    Rolled Steel Motor Market Trends

    The Rolled Steel Motor Market is experiencing significant growth driven by increasing demand for energy-efficient solutions in various industries. Industries such as automotive, construction, and manufacturing are pushing for motors that not only perform well but also have lower energy consumption. This demand encourages innovations in rolled steel manufacturing as companies look to combine performance with sustainability. Additionally, the rise of automation and smart technologies has spurred the need for advanced motor solutions, leading to further expansion of the market.  Opportunities lie in emerging markets where industrialization is on the rise.

    The use of advanced materials and manufacturing techniques also enhances motor features, making them lighter, more efficient, and capable of handling higher loads. Additionally, the development of electric vehicles is shaping the market, as rolled steel motors play a crucial role in the supply chain. Overall, the Rolled Steel Motor Market is evolving with new technology, resulting in better products that meet the needs of a changing industrial landscape.

    The global rolled steel motor market appears poised for growth, driven by increasing demand for energy-efficient solutions across various industrial sectors.

    U.S. Department of Energy

    Rolled Steel Motor Market Drivers

    Rising Industrial Automation

    The rise of industrial automation is a crucial driver for the Global Rolled Steel Motor Market Industry. As industries strive for increased efficiency and productivity, the integration of automated systems becomes essential. Rolled steel motors play a vital role in various automated processes, from manufacturing to material handling. The growing trend towards smart factories and Industry 4.0 initiatives is expected to further boost the demand for these motors. With a compound annual growth rate (CAGR) of 2.46% projected for the period from 2025 to 2035, the Global Rolled Steel Motor Market Industry is poised for sustained growth as automation continues to reshape industrial landscapes.

    Market Trends and Projections

    The Global Rolled Steel Motor Market Industry is characterized by various trends and projections that indicate its growth trajectory. The market is expected to reach 30.2 USD Billion in 2024, with a steady increase anticipated, culminating in a size of 39.5 USD Billion by 2035. The compound annual growth rate (CAGR) of 2.46% from 2025 to 2035 suggests a stable growth phase, driven by factors such as technological advancements, rising industrial automation, and increasing demand for electric vehicles. These trends reflect the industry's adaptability and responsiveness to changing market dynamics, positioning it favorably for future opportunities.

    Growing Demand for Electric Vehicles

    The increasing adoption of electric vehicles (EVs) is a pivotal driver for the Global Rolled Steel Motor Market Industry. As governments worldwide implement stringent emissions regulations, the demand for efficient and lightweight motors in EVs rises. For instance, the projected market size for rolled steel motors is expected to reach 30.2 USD Billion in 2024, driven largely by the automotive sector's shift towards electrification. This transition necessitates advanced motor technologies that enhance performance while reducing weight, thereby fostering innovation within the industry. The Global Rolled Steel Motor Market Industry is likely to benefit from this trend as manufacturers adapt to meet the evolving requirements of the automotive landscape.

    Infrastructure Development Initiatives

    Infrastructure development initiatives across various regions are propelling the Global Rolled Steel Motor Market Industry. Governments are investing heavily in transportation, energy, and industrial infrastructure, which increases the demand for robust and durable motors. For example, the construction of new railways, highways, and power plants necessitates high-performance rolled steel motors for efficient operation. This trend is expected to contribute to the market's growth, with projections indicating a market size of 39.5 USD Billion by 2035. The emphasis on sustainable infrastructure solutions further enhances the relevance of rolled steel motors, as they offer the durability and efficiency required for modern applications.

    Technological Advancements in Motor Design

    Technological advancements in motor design are significantly influencing the Global Rolled Steel Motor Market Industry. Innovations such as improved magnetic materials and advanced manufacturing techniques are enhancing motor efficiency and performance. These developments enable manufacturers to produce motors that are not only more efficient but also more compact and lightweight. As industries increasingly seek to optimize energy consumption and reduce operational costs, the demand for these advanced motors is likely to rise. The Global Rolled Steel Motor Market Industry stands to gain from these innovations, as they align with the broader trend towards energy efficiency and sustainability in industrial applications.

    Environmental Regulations and Sustainability Goals

    Environmental regulations and sustainability goals are increasingly shaping the Global Rolled Steel Motor Market Industry. Governments and organizations are prioritizing eco-friendly practices, leading to a heightened demand for energy-efficient motors that comply with stringent environmental standards. The push for reduced carbon footprints and enhanced energy efficiency is driving manufacturers to innovate and produce rolled steel motors that meet these criteria. This trend not only aligns with global sustainability initiatives but also positions the Global Rolled Steel Motor Market Industry for growth as industries seek compliant solutions. The focus on sustainability is likely to influence purchasing decisions, further propelling market expansion.

    Market Segment Insights

    Rolled Steel Motor Market Segment Insights:

    Rolled Steel Motor Market Segment Insights:

    Rolled Steel Motor Market Application Insights   

    Rolled Steel Motor Market Application Insights   

    The Rolled Steel Motor Market revenue is showing a notable structure in its Application segment, significantly contributing to the overall market dynamics. As of 2023, the market is valued at approximately 28.76 USD Billion, with a projected growth of 35.8 USD Billion by 2032. The segmentation within this market reveals essential areas of demand, with Industrial Machinery, Automotive, Aerospace, and Construction Equipment serving as key segments, influencing market growth and sustainability.

    The Industrial Machinery segment holds a significant share, achieving a valuation of 8.0 USD Billion in 2023, expected to expand to 10.0 USD Billion in 2032.This segment's dominance can be attributed to the increasing automation and modernization of manufacturing processes, leading to a higher requirement for efficient motors in various machinery applications. In parallel, the Automotive segment is another significant player in the Rolled Steel Motor Market, starting with a valuation of 10.5 USD Billion in 2023 and reaching 13.0 USD Billion by 2032.

    This segment plays a critical role given the continuously advancing automotive technologies and the demand for electric vehicles, driving the necessity for high-efficiency rolled steel motors to enhance vehicle performance and energy efficiency.Moving to the Aerospace sector, this segment is valued at 4.0 USD Billion in 2023 and is projected to reach 4.8 USD Billion by 2032. While it holds a smaller share, it's vital due to the stringent regulations and high standards pertaining to safety and performance, making reliable motor solutions essential in aerospace applications.

    Lastly, the Construction Equipment segment stands at a valuation of 6.26 USD Billion in 2023 and is expected to grow to 8.0 USD Billion by 2032. With a steady demand for construction activities and equipment, this segment signifies the importance of rolled steel motors in enhancing the efficiency and longevity of heavy machinery used in construction operations.The Rolled Steel Motor Market data indicates that the continuous advancements across these applications signify robust market growth opportunities driven by technological innovations and evolving industry needs.

    Rolled Steel Motor Market Power Rating Insights   

    Rolled Steel Motor Market Power Rating Insights   

    The Rolled Steel Motor Market reflects a diverse array of power ratings that cater to varied industrial needs. In 2023, the overall market is expected to be valued at 28.76 USD Billion, showcasing robust growth in response to increasing demand for efficient motor solutions. The market segmentation reveals a significant emphasis on the Power Rating of rolled steel motors, which is crucial for optimizing performance in various applications.

    Among the divisions, Low Power motors hold a considerable share due to their widespread use in residential and small-scale industrial applications, making them a cost-effective solution.Medium Power motors are also essential, serving industries that require a balance between efficiency and power output, thereby facilitating operations in the manufacturing and processing sectors. Furthermore, High Power motors dominate in heavy-duty applications such as construction and mining, where reliability and strength are paramount. The continuous evolution and enhancement of technology are vital in driving advancements across all power ratings, responding to the demands for energy efficiency and sustainability.

    With the projected market growth, the Rolled Steel Motor Market is poised to flourish, presenting numerous opportunities for innovation and expansion.

    Rolled Steel Motor Market Motor Type Insights   

    Rolled Steel Motor Market Motor Type Insights   

    The Rolled Steel Motor Market is projected to witness significant growth, with a market value reaching 28.76 billion USD by 2023. The segmentation of this market by Motor Type includes AC Motors, DC Motors, and Stepper Motors, each playing a pivotal role in various applications. AC Motors are widely used in industrial applications due to their efficiency and durability, dominating a large share of the market.

    DC Motors, known for their precise control and simplicity, are critical in the automotive and consumer electronics sectors, providing robust performance where control over speed is essential.Stepper Motors is gaining traction in automation and robotics, offering accurate positioning, which is vital for modern manufacturing techniques. Overall, the Rolled Steel Motor Market statistics reflect a diverse industry with each motor type contributing to its expansive growth, driven by technological advancements and the rising demand for efficient motor solutions in various industries.

    As companies continue to invest in innovation and expansion, opportunities abound in enhancing performance and energy efficiency across these motor types, poised to shape the future landscape of the Rolled Steel Motor Market.

    Rolled Steel Motor Market Winding Type Insights   

    Rolled Steel Motor Market Winding Type Insights   

    The Rolled Steel Motor Market, valued at 28.76 USD Billion in 2023, showcases a distinct segmentation, particularly within the Winding Type category. This segment encompasses various configurations, including Single Phase, Three Phase, and Universal motors, each playing a critical role in different applications. Single Phase motors are commonly used in residential and light commercial settings, highlighting their significance in everyday appliances.

    Conversely, the Three Phase configuration is essential for industrial applications, known for its higher efficiency and capability to handle larger loads, thus dominating the market share.Universal motors, versatile in nature, find use in both AC and DC applications, further adding to the market dynamics. The variation across these winding types influences the Rolled Steel Motor Market revenue, with trends leaning towards increased automation and energy efficiency driving growth. Factors such as technological advancements and rising demand across various industries present significant opportunities, while challenges remain linked to fluctuating raw material prices.

    The comprehensive analysis of the Rolled Steel Motor Market statistics reflects how these different winding types are integral to meeting diverse industrial and commercial needs, ensuring sustained market growth over the forecast period.

    Get more detailed insights about Rolled Steel Motor Market Research Report — Global Forecast till 2034

    Regional Insights

    The Rolled Steel Motor Market is significantly influenced by its regional segmentation, showcasing a diverse valuation landscape. As of 2023, North America holds a majority share, valued at 10.5 USD Billion, and is projected to reach 13.1 USD Billion by 2032, driven by robust industrial growth and technological advancements. Europe closely follows with a valuation of 8.2 USD Billion in 2023, expected to advance to 10.1 USD Billion, reflecting strong demand across manufacturing sectors.

    The APAC region is noted for its substantial market presence, valued at 6.5 USD Billion, with a growth trajectory leading to 8.1 USD Billion, largely due to expanding urbanization and infrastructure development.In contrast, South America and MEA represent smaller segments, valued at 2.2 USD Billion and 1.56 USD Billion, respectively, but they showcase the potential for growth driven by emerging markets and industrialization. These values reflect the intricate dynamics of the Rolled Steel Motor Market, highlighting the significant role of established regions like North America and Europe while pointing towards opportunities in developing areas like APAC, South America, and MEA.

    The regional performance indicates varying growth drivers and market challenges, setting the groundwork for strategic decisions within the Rolled Steel Motor Market industry.

    Rolled Steel Motor Market Regional Insights   

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

    Key Players and Competitive Insights

    The Rolled Steel Motor Market has been experiencing significant growth due to the increasing demand for efficient and sustainable energy sources across various industries. This market is characterized by intense competition driven by technological advancements, the shift towards automation, and the rising focus on renewable energy solutions. Companies within the market are continuously innovating their product offerings to capture new customer segments and enhance their operational efficiencies. The competition is not just about price but also about the quality, technology integration, and environmental sustainability of the motors produced.

    As industries seek reliable and efficient solutions, the market dynamics are continually evolving, with various players vying for share and competitive advantage.Mitsubishi Electric has established a formidable presence in the Rolled Steel Motor Market, recognized for its robust engineering capabilities and commitment to quality. The company leverages advanced manufacturing techniques and innovative designs, allowing it to produce motors that meet diverse applications in sectors such as manufacturing, HVAC, and large machinery.

    Mitsubishi Electric's strengths lie in its extensive portfolio of energy-efficient motors, which not only deliver high performance but also align with the growing trend towards sustainability and reduced energy consumption. The company’s focus on research and development has enabled it to stay ahead of market trends and customer needs, ensuring a strong competitive position in the rapidly evolving landscape of rolled steel motors.Emerson Electric has made significant strides in the Rolled Steel Motor Market by emphasizing reliability, efficiency, and advanced technologies. The company is well-regarded for its application of innovative solutions that optimize motor performance and enhance operational efficiency.

    Emerson Electric’s strengths include its comprehensive range of rolled steel motors that cater to multiple sectors, including industrial automation and commercial applications. With a commitment to sustainability, Emerson positions its products in line with energy-saving standards that appeal to environmentally conscious consumers. The company’s strategic initiatives focus on leveraging its extensive experience, technological prowess, and customer-centric approach to maintain a competitive edge in the global market.

    Key Companies in the Rolled Steel Motor Market market include

    Industry Developments

    The Rolled Steel Motor Market has recently witnessed significant developments, with companies like Mitsubishi Electric and Siemens innovating their product lines to enhance energy efficiency and performance. Emerson Electric announced new partnerships aimed at expanding their market reach, particularly in emerging economies, thereby strengthening their competitive position. Additionally, Bosch Rexroth has unveiled advancements in automation technology that integrate with their rolled steel motors, offering improved operational efficiencies.Current affairs also highlight ongoing trends towards sustainability, with numerous companies such as Yaskawa Electric and WEG focusing on eco-friendly manufacturing processes.

    Notably, there have been strategic mergers and acquisitions, including Nidec, exploring mergers to enhance their product portfolio and overall market share in the rolled steel sector. Honeywell continues to innovate with digital transformations in their motor solutions, while General Electric is reportedly enhancing its automation capabilities through internal advancements.Overall, growth in market valuations for key players like ABB and Regal Beloit reflects heightened demand for advanced motor technologies, impacting the market landscape as companies invest in research and development to meet evolving industry standards.

    Future Outlook

    Rolled Steel Motor Market Future Outlook

    The Rolled Steel Motor Market is projected to grow at a 2.46% CAGR from 2024 to 2035, driven by technological advancements, increasing demand for energy-efficient solutions, and expanding industrial applications.

    New opportunities lie in:

    • Develop smart rolled steel motors integrated with IoT for enhanced performance monitoring.
    • Invest in sustainable manufacturing processes to reduce environmental impact and attract eco-conscious clients.
    • Expand into emerging markets with tailored solutions for local industrial needs.

    By 2035, the Rolled Steel Motor Market is expected to achieve robust growth, reflecting evolving industry demands and technological progress.

    Market Segmentation

    Rolled Steel Motor Market Regional Outlook

    • North America
    • Europe
    • South America
    • Asia Pacific
    • Middle East and Africa

    Rolled Steel Motor Market Motor Type Outlook

    • AC Motor
    • DC Motor
    • Stepper Motor

    Rolled Steel Motor Market Application Outlook

    • Industrial Machinery
    • Automotive
    • Aerospace
    • Construction Equipment

    Rolled Steel Motor Market Power Rating Outlook

    • Low Power
    • Medium Power
    • High Power

    Rolled Steel Motor Market Winding Type Outlook

    • Single Phase
    • Three Phase
    • Universal

    Report Scope

    Report Attribute/Metric Details
    Market Size 2024  30.19 (USD Billion)
    Market Size 2025  30.94 (USD Billion)
    Market Size 2034  38.51 (USD Billion)
    Compound Annual Growth Rate (CAGR)   2.46% (2025 - 2034)
    Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
    Base Year 2024
    Market Forecast Period 2025 - 2034
    Historical Data 2019 - 2023
    Market Forecast Units USD Billion
    Key Companies Profiled Mitsubishi Electric, Emerson Electric, Bosch Rexroth, Nidec, Toshiba, Yaskawa Electric, WEG, Honeywell, Siemens, Regal Beloit, General Electric, Schneider Electric, Sakaki, ABB, Rockwell Automation
    Segments Covered Application, Power Rating, Motor Type, Winding Type, Regional
    Key Market Opportunities Growing demand for electric vehicles, Increasing industrial automation, Expansion in the renewable energy sector, Rise in construction activities, Technological advancements in motor design
    Key Market Dynamics increasing demand for electric vehicles, advancements in manufacturing technologies, rising infrastructure spending, environmental regulations and sustainability, fluctuating raw material prices
    Countries Covered North America, Europe, APAC, South America, MEA

    FAQs

    What is the expected market size of the Rolled Steel Motor Market by 2034?

    The Rolled Steel Motor Market is expected to be valued at 38.51 billion USD by 2034.

    What is the projected CAGR for the Rolled Steel Motor Market from 2025 to 2034?

    The expected CAGR for the Rolled Steel Motor Market from 2025 to 2034 is 2.46%.

    Which region is expected to have the largest market share in the Rolled Steel Motor Market by 2032?

    North America is expected to have the largest market share, projected at 13.1 billion USD by 2032.

    What is the market size of the Rolled Steel Motor Market in Europe for 2023?

    The market size of the Rolled Steel Motor Market in Europe is valued at 8.2 billion USD in 2023.

    Which application in the Rolled Steel Motor Market is projected to grow from 10.5 billion USD in 2023 to 13.0 billion USD by 2032?

    The automotive application is projected to grow from 10.5 billion USD in 2023 to 13.0 billion USD by 2032.

    What is the market size for the aerospace segment within the Rolled Steel Motor Market by 2032?

    The aerospace segment is expected to be valued at 4.8 billion USD by 2032.

    Who are some of the key players in the Rolled Steel Motor Market?

    Key players include Mitsubishi Electric, Emerson Electric, Bosch Rexroth, and Siemens, among others.

    What is the anticipated market size for the construction equipment segment in 2032?

    The construction equipment segment is anticipated to reach a market size of 8.0 billion USD by 2032.

    How has the market size for the APAC region changed from 2023 to 2032?

    The market size for the APAC region is expected to grow from 6.5 billion USD in 2023 to 8.1 billion USD by 2032.

    What is the expected market value of the Rolled Steel Motor Market in South America by 2032?

    The expected market value in South America by 2032 is projected at 2.8 billion USD.

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