United States Electric Motors Market Report and Forecast 2025-2034
Description
The United States electric motors market size was valued at USD 26.26 Billion in 2024. The market is further projected to grow at a CAGR of 5.10% between 2025 and 2034, reaching a value of USD 43.18 Billion by 2034.
The United States electric motors market growth is driven by the increasing demand for energy-efficient electric motors, increased sales of consumer electronics and appliances in developing countries, and a rise in demand for electric vehicles. For example, Tesla uses electric motors in its electric vehicles, and the growing demand for electric vehicles is driving the market for electric motors.
Sustainability is a key trend in the electric motors market, with a focus on developing environmentally friendly and energy-efficient electric motors. The industry is moving towards more sustainable practices, such as reducing energy consumption, minimising emissions, and promoting green technologies. These sustainability initiatives are shaping the market landscape and driving the adoption of eco-friendly electric motors.
The market is poised for growth driven by the rising uptake of automation and mechanisation in various industries, the increasing need for robotics and autonomous robots, and the growing demand for energy-efficient electric motors. An illustration of this trend is the Integral Horsepower Motor Rule by the U.S. Department of Energy, mandating specific energy efficiency standards for electric motors ranging from 1 to 500 horsepower.
The industrial machinery segment is the largest end-use segment and accounts for the highest United States electric motors market share. For instance, companies like Rockwell Automation and Siemens offer a wide range of electric motors for industrial applications, such as pumps, fans, and compressors.
AC motors are widely used in various applications, including industrial machinery, HVAC systems, medical equipment, and home appliances. For example, AC motors are used in air compressors, pumps, and fans. DC motors are ideal for use in high-speed applications and are widely used in various medical equipment in the healthcare industry. For example, DC motors are used in surgical tools, dental drills, and other medical devices.
Market Segmentation
United States Electric Motors Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:
Market Breakup by Type:
AC
DC
Market Breakup by Voltage:
Less Than 1 kV
Between 1kV-6kV
Higher Than 6 kV
Market Breakup by Power Output:
Up to 1 HP
More Than 1 HP
Market Breakup by Application:
Residential
Commercial
Industrial
Transportation
Agriculture
Market Breakup by Region:
New England
Mideast
Great Lakes
Plains
Southeast
Southwest
Rocky Mountain
Far West
Competitive Landscape
Market players are focused on product development based on R&D in electric motor manufacturing to gain maximum revenue benefits.
ABB Ltd.
Robert Bosch GmbH
Hitachi Ltd.
Johnson Electric Holdings Limited
AMETEK.Inc.
Siemens AG
Toshiba International Corporation
TECO-Westinghouse Motor Company
Maxon international ltd.
Warfield Electric Company
Others
The United States electric motors market growth is driven by the increasing demand for energy-efficient electric motors, increased sales of consumer electronics and appliances in developing countries, and a rise in demand for electric vehicles. For example, Tesla uses electric motors in its electric vehicles, and the growing demand for electric vehicles is driving the market for electric motors.
Sustainability is a key trend in the electric motors market, with a focus on developing environmentally friendly and energy-efficient electric motors. The industry is moving towards more sustainable practices, such as reducing energy consumption, minimising emissions, and promoting green technologies. These sustainability initiatives are shaping the market landscape and driving the adoption of eco-friendly electric motors.
The market is poised for growth driven by the rising uptake of automation and mechanisation in various industries, the increasing need for robotics and autonomous robots, and the growing demand for energy-efficient electric motors. An illustration of this trend is the Integral Horsepower Motor Rule by the U.S. Department of Energy, mandating specific energy efficiency standards for electric motors ranging from 1 to 500 horsepower.
The industrial machinery segment is the largest end-use segment and accounts for the highest United States electric motors market share. For instance, companies like Rockwell Automation and Siemens offer a wide range of electric motors for industrial applications, such as pumps, fans, and compressors.
AC motors are widely used in various applications, including industrial machinery, HVAC systems, medical equipment, and home appliances. For example, AC motors are used in air compressors, pumps, and fans. DC motors are ideal for use in high-speed applications and are widely used in various medical equipment in the healthcare industry. For example, DC motors are used in surgical tools, dental drills, and other medical devices.
Market Segmentation
United States Electric Motors Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:
Market Breakup by Type:
AC
DC
Market Breakup by Voltage:
Less Than 1 kV
Between 1kV-6kV
Higher Than 6 kV
Market Breakup by Power Output:
Up to 1 HP
More Than 1 HP
Market Breakup by Application:
Residential
Commercial
Industrial
Transportation
Agriculture
Market Breakup by Region:
New England
Mideast
Great Lakes
Plains
Southeast
Southwest
Rocky Mountain
Far West
Competitive Landscape
Market players are focused on product development based on R&D in electric motor manufacturing to gain maximum revenue benefits.
ABB Ltd.
Robert Bosch GmbH
Hitachi Ltd.
Johnson Electric Holdings Limited
AMETEK.Inc.
Siemens AG
Toshiba International Corporation
TECO-Westinghouse Motor Company
Maxon international ltd.
Warfield Electric Company
Others
Table of Contents
168 Pages
- 1 Executive Summary
- 1.1 Market Size 2024-2025
- 1.2 Market Growth 2025(F)-2034(F)
- 1.3 Key Demand Drivers
- 1.4 Key Players and Competitive Structure
- 1.5 Industry Best Practices
- 1.6 Recent Trends and Developments
- 1.7 Industry Outlook
- 2 Market Overview and Stakeholder Insights
- 2.1 Market Trends
- 2.2 Key Verticals
- 2.3 Key Regions
- 2.4 Supplier Power
- 2.5 Buyer Power
- 2.6 Key Market Opportunities and Risks
- 2.7 Key Initiatives by Stakeholders
- 3 Economic Summary
- 3.1 GDP Outlook
- 3.2 GDP Per Capita Growth
- 3.3 Inflation Trends
- 3.4 Democracy Index
- 3.5 Gross Public Debt Ratios
- 3.6 Balance of Payment (BoP) Position
- 3.7 Population Outlook
- 3.8 Urbanisation Trends
- 4 Country Risk Profiles
- 4.1 Country Risk
- 4.2 Business Climate
- 5 North America Electric Motors Market Overview
- 5.1 Key Industry Highlights
- 5.2 North America Electric Motors Historical Market (2018-2024)
- 5.3 North America Electric Motors Market Forecast (2025-2034)
- 6 United States Electric Motors Market Overview
- 6.1 Key Industry Highlights
- 6.2 United States Electric Motors Historical Market (2018-2024)
- 6.3 United States Electric Motors Market Forecast (2025-2034)
- 7 United States Electric Motors Market by Type
- 7.1 AC
- 7.1.1 Historical Trend (2018-2024)
- 7.1.2 Forecast Trend (2025-2034)
- 7.2 DC
- 7.2.1 Historical Trend (2018-2024)
- 7.2.2 Forecast Trend (2025-2034)
- 8 United States Electric Motors Market by Voltage
- 8.1 Less Than 1 kV
- 8.1.1 Historical Trend (2018-2024)
- 8.1.2 Forecast Trend (2025-2034)
- 8.2 Between 1kV-6kV
- 8.2.1 Historical Trend (2018-2024)
- 8.2.2 Forecast Trend (2025-2034)
- 8.3 Higher Than 6 kV
- 8.3.1 Historical Trend (2018-2024)
- 8.3.2 Forecast Trend (2025-2034)
- 9 United States Electric Motors Market by Power Output
- 9.1 Up to 1 HP
- 9.1.1 Historical Trend (2018-2024)
- 9.1.2 Forecast Trend (2025-2034)
- 9.2 More Than 1 HP
- 9.2.1 Historical Trend (2018-2024)
- 9.2.2 Forecast Trend (2025-2034)
- 10 United States Electric Motors Market by Application
- 10.1 Residential
- 10.1.1 Historical Trend (2018-2024)
- 10.1.2 Forecast Trend (2025-2034)
- 10.2 Commercial
- 10.2.1 Historical Trend (2018-2024)
- 10.2.2 Forecast Trend (2025-2034)
- 10.3 Industrial
- 10.3.1 Historical Trend (2018-2024)
- 10.3.2 Forecast Trend (2025-2034)
- 10.4 Transportation
- 10.4.1 Historical Trend (2018-2024)
- 10.4.2 Forecast Trend (2025-2034)
- 10.5 Agriculture
- 10.5.1 Historical Trend (2018-2024)
- 10.5.2 Forecast Trend (2025-2034)
- 11 United States Electric Motors Market by Region
- 11.1 New England
- 11.1.1 Historical Trend (2018-2024)
- 11.1.2 Forecast Trend (2025-2034)
- 11.2 Mideast
- 11.2.1 Historical Trend (2018-2024)
- 11.2.2 Forecast Trend (2025-2034)
- 11.3 Great Lakes
- 11.3.1 Historical Trend (2018-2024)
- 11.3.2 Forecast Trend (2025-2034)
- 11.4 Plains
- 11.4.1 Historical Trend (2018-2024)
- 11.4.2 Forecast Trend (2025-2034)
- 11.5 Southeast
- 11.5.1 Historical Trend (2018-2024)
- 11.5.2 Forecast Trend (2025-2034)
- 11.6 Southwest
- 11.6.1 Historical Trend (2018-2024)
- 11.6.2 Forecast Trend (2025-2034)
- 11.7 Rocky Mountain
- 11.7.1 Historical Trend (2018-2024)
- 11.7.2 Forecast Trend (2025-2034)
- 11.8 Far West
- 11.8.1 Historical Trend (2018-2024)
- 11.8.2 Forecast Trend (2025-2034)
- 12 Market Dynamics
- 12.1 SWOT Analysis
- 12.1.1 Strengths
- 12.1.2 Weaknesses
- 12.1.3 Opportunities
- 12.1.4 Threats
- 12.2 Porter’s Five Forces Analysis
- 12.2.1 Supplier’s Power
- 12.2.2 Buyer’s Power
- 12.2.3 Threat of New Entrants
- 12.2.4 Degree of Rivalry
- 12.2.5 Threat of Substitutes
- 12.3 Key Indicators of Demand
- 12.4 Key Indicators of Price
- 13 Trade Data Analysis (HS Code: 851)
- 13.1 Major Importing Countries
- 13.1.1 By Volume
- 13.1.2 By Value
- 13.2 Major Exporting Countries
- 13.2.1 By Volume
- 13.2.2 By Value
- 14 Competitive Landscape
- 14.1 Supplier Selection
- 14.2 Key Global Players
- 14.3 Key Regional Players
- 14.4 Key Player Strategies
- 14.5 Company Profiles
- 14.5.1 ABB Ltd.
- 14.5.1.1 Company Overview
- 14.5.1.2 Product Portfolio
- 14.5.1.3 Demographic Reach and Achievements
- 14.5.1.4 Certifications
- 14.5.2 Robert Bosch GmbH
- 14.5.2.1 Company Overview
- 14.5.2.2 Product Portfolio
- 14.5.2.3 Demographic Reach and Achievements
- 14.5.2.4 Certifications
- 14.5.3 Hitachi Ltd.
- 14.5.3.1 Company Overview
- 14.5.3.2 Product Portfolio
- 14.5.3.3 Demographic Reach and Achievements
- 14.5.3.4 Certifications
- 14.5.4 Johnson Electric Holdings Limited
- 14.5.4.1 Company Overview
- 14.5.4.2 Product Portfolio
- 14.5.4.3 Demographic Reach and Achievements
- 14.5.4.4 Certifications
- 14.5.5 AMETEK.Inc.
- 14.5.5.1 Company Overview
- 14.5.5.2 Product Portfolio
- 14.5.5.3 Demographic Reach and Achievements
- 14.5.5.4 Certifications
- 14.5.6 Siemens AG
- 14.5.6.1 Company Overview
- 14.5.6.2 Product Portfolio
- 14.5.6.3 Demographic Reach and Achievements
- 14.5.6.4 Certifications
- 14.5.7 Toshiba International Corporation
- 14.5.7.1 Company Overview
- 14.5.7.2 Product Portfolio
- 14.5.7.3 Demographic Reach and Achievements
- 14.5.7.4 Certifications
- 14.5.8 TECO-Westinghouse Motor Company
- 14.5.8.1 Company Overview
- 14.5.8.2 Product Portfolio
- 14.5.8.3 Demographic Reach and Achievements
- 14.5.8.4 Certifications
- 14.5.9 Maxon international ltd.
- 14.5.9.1 Company Overview
- 14.5.9.2 Product Portfolio
- 14.5.9.3 Demographic Reach and Achievements
- 14.5.9.4 Certifications
- 14.5.10 Warfield Electric Company
- 14.5.10.1 Company Overview
- 14.5.10.2 Product Portfolio
- 14.5.10.3 Demographic Reach and Achievements
- 14.5.10.4 Certifications
- 14.5.11 Others
Pricing
Currency Rates
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