Global Industrial Induction Motor Market Growth 2025-2031

The global Industrial Induction Motor market size is predicted to grow from US$ million in 2025 to US$ million in 2031; it is expected to grow at a CAGR of %from 2025 to 2031.

Most industrial facilities use induction motors due to their reliability and desirable characteristics such as low cost and affordability, and most industrial motors are three-phase AC induction motors.

The global induction motor market has now been spread into North America, Europe, Asia Pacfic, L.atin America, andthe Middle East and Africa. The Asia-Pacific region is expected to dominate the induction motor market. The highincrease in the number of manufacturing and industrial units has boosted demand for induction motor. The inductionmotors are used in fans, blowers, machine tools, compressors, pumps, conveyors, bulldozers, etc. The increase inrailways, metros, bullet trains,etc. requires the use of induction motor for stable and reliable operation. The rural economy which primarily depends on agricultural-related processes uses induction motors for several numbers ofprocesses.Rapid urbanization has increased demand for elevators and escalators which in-turn has increased demandfor induction motor.

LP Information, Inc. (LPI) ' newest research report, the “Industrial Induction Motor Industry Forecast” looks at past sales and reviews total world Industrial Induction Motor sales in 2024, providing a comprehensive analysis by region and market sector of projected Industrial Induction Motor sales for 2025 through 2031. With Industrial Induction Motor sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Industrial Induction Motor industry.

This Insight Report provides a comprehensive analysis of the global Industrial Induction Motor landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Industrial Induction Motor portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Industrial Induction Motor market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Industrial Induction Motor and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Industrial Induction Motor.

This report presents a comprehensive overview, market shares, and growth opportunities of Industrial Induction Motor market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Squirrel-Cage
Slip-Ring

Segmentation by Application:
Energy
Steel
Machinery
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
ABB
WEG
ATB
CAG
Ward Leonard
Toshiba
Siemens
ATB Laurence Scott
Regal Rexnord
VEM Group
Hyundai Electric
MENZEL Elektromotoren
Wolong
Shanghai Electric
Nidec Industrial
HYOSUNG

Key Questions Addressed in this Report

What is the 10-year outlook for the global Industrial Induction Motor market?

What factors are driving Industrial Induction Motor market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Industrial Induction Motor market opportunities vary by end market size?

How does Industrial Induction Motor break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.