Global Switched Reluctance Motors (SRM) Market Growth 2025-2031
Description
The global Switched Reluctance Motors (SRM) market size is predicted to grow from US$ 593 million in 2025 to US$ 730 million in 2031; it is expected to grow at a CAGR of 3.5% from 2025 to 2031.
The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this report.
The switched reluctance motor (SRM) is a type of a stepper motor, an electric motor that runs by reluctance torque. Unlike common DC motor types, power is delivered to windings in the stator (case) rather than the rotor. This greatly simplifies mechanical design as power does not have to be delivered to a moving part, but it complicates the electrical design as some sort of switching system needs to be used to deliver power to the different windings. With modern electronic devices, precisely timed switching is not a problem, and the SRM is a popular design for modern stepper motors. Its main drawback is torque ripple.
Global Switched Reluctance Motors key players include Nidec, AMETEK, VS Technology, Shandong Kehui Power Automation, Maccon GmbH etc. Global top five manufacturers hold a share over 50%.
Europe is the largest market, with a share over 25%, followed by China and Japan, both have a share over 30% percent. In terms of product, <100 KW is the largest segment, with a share over 60%. And in terms of application, the largest application is Industrial Machinery, followed by Automobile Industry and Appliance Industry.
LP Information, Inc. (LPI) ' newest research report, the “Switched Reluctance Motors (SRM) Industry Forecast” looks at past sales and reviews total world Switched Reluctance Motors (SRM) sales in 2024, providing a comprehensive analysis by region and market sector of projected Switched Reluctance Motors (SRM) sales for 2025 through 2031. With Switched Reluctance Motors (SRM) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Switched Reluctance Motors (SRM) industry.
This Insight Report provides a comprehensive analysis of the global Switched Reluctance Motors (SRM) 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 Switched Reluctance Motors (SRM) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Switched Reluctance Motors (SRM) market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Switched Reluctance Motors (SRM) 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 Switched Reluctance Motors (SRM).
This report presents a comprehensive overview, market shares, and growth opportunities of Switched Reluctance Motors (SRM) market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Below 100 KW
100-500 KW
Above 500 KW
Segmentation by Application:
Train Drivers
General Industrial
Household Appliances
Textile Machinery
Other
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.
Nidec Corporation
AMETEK
VS Technology
Shandong Kehui Power Automation
Maccon GmbH
Rongjia Motor Co., Ltd
Shandong Desen
Huayang
Heliad
Rocky Mountain Technologies
Key Questions Addressed in this Report
What is the 10-year outlook for the global Switched Reluctance Motors (SRM) market?
What factors are driving Switched Reluctance Motors (SRM) market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Switched Reluctance Motors (SRM) market opportunities vary by end market size?
How does Switched Reluctance Motors (SRM) break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this report.
The switched reluctance motor (SRM) is a type of a stepper motor, an electric motor that runs by reluctance torque. Unlike common DC motor types, power is delivered to windings in the stator (case) rather than the rotor. This greatly simplifies mechanical design as power does not have to be delivered to a moving part, but it complicates the electrical design as some sort of switching system needs to be used to deliver power to the different windings. With modern electronic devices, precisely timed switching is not a problem, and the SRM is a popular design for modern stepper motors. Its main drawback is torque ripple.
Global Switched Reluctance Motors key players include Nidec, AMETEK, VS Technology, Shandong Kehui Power Automation, Maccon GmbH etc. Global top five manufacturers hold a share over 50%.
Europe is the largest market, with a share over 25%, followed by China and Japan, both have a share over 30% percent. In terms of product, <100 KW is the largest segment, with a share over 60%. And in terms of application, the largest application is Industrial Machinery, followed by Automobile Industry and Appliance Industry.
LP Information, Inc. (LPI) ' newest research report, the “Switched Reluctance Motors (SRM) Industry Forecast” looks at past sales and reviews total world Switched Reluctance Motors (SRM) sales in 2024, providing a comprehensive analysis by region and market sector of projected Switched Reluctance Motors (SRM) sales for 2025 through 2031. With Switched Reluctance Motors (SRM) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Switched Reluctance Motors (SRM) industry.
This Insight Report provides a comprehensive analysis of the global Switched Reluctance Motors (SRM) 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 Switched Reluctance Motors (SRM) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Switched Reluctance Motors (SRM) market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Switched Reluctance Motors (SRM) 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 Switched Reluctance Motors (SRM).
This report presents a comprehensive overview, market shares, and growth opportunities of Switched Reluctance Motors (SRM) market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Below 100 KW
100-500 KW
Above 500 KW
Segmentation by Application:
Train Drivers
General Industrial
Household Appliances
Textile Machinery
Other
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.
Nidec Corporation
AMETEK
VS Technology
Shandong Kehui Power Automation
Maccon GmbH
Rongjia Motor Co., Ltd
Shandong Desen
Huayang
Heliad
Rocky Mountain Technologies
Key Questions Addressed in this Report
What is the 10-year outlook for the global Switched Reluctance Motors (SRM) market?
What factors are driving Switched Reluctance Motors (SRM) market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Switched Reluctance Motors (SRM) market opportunities vary by end market size?
How does Switched Reluctance Motors (SRM) break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
Table of Contents
101 Pages
- *This is a tentative TOC and the final deliverable is subject to change.*
- 1 Scope of the Report
- 2 Executive Summary
- 3 Global by Company
- 4 World Historic Review for Switched Reluctance Motors (SRM) by Geographic Region
- 5 Americas
- 6 APAC
- 7 Europe
- 8 Middle East & Africa
- 9 Market Drivers, Challenges and Trends
- 10 Manufacturing Cost Structure Analysis
- 11 Marketing, Distributors and Customer
- 12 World Forecast Review for Switched Reluctance Motors (SRM) by Geographic Region
- 13 Key Players Analysis
- 14 Research Findings and Conclusion
Pricing
Currency Rates
Questions or Comments?
Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.
