Global Synchronous Reluctance (SynRM) Motors Market Growth 2025-2031

The global Synchronous Reluctance (SynRM) Motors 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.

Synchronous Reluctance (SynRM) Motors are synchronous motors that work by utilizing the unequal reluctance in the direct-axis and quadrature-axis directions of the rotor to generate reluctance torque. Synchronous reluctance motors have simple technology, low material cost, and are widely used.

In recent years, it has been considered as a viable alternative to induction motors due to its robust construction, cost penalty and maintenance. The motor runs at synchronous speed due to the magnetic locking between the stator and rotor fields. In terms of performance, it offers fast dynamic response, higher efficiency, power density and torque.

United States market for Synchronous Reluctance (SynRM) Motors is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

China market for Synchronous Reluctance (SynRM) Motors is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Europe market for Synchronous Reluctance (SynRM) Motors is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Global key Synchronous Reluctance (SynRM) Motors players cover ABB, Siemens, KSB, Danfoss, Nidec Leroy-Somer, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.

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

This Insight Report provides a comprehensive analysis of the global Synchronous Reluctance (SynRM) Motors 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 Synchronous Reluctance (SynRM) Motors portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Synchronous Reluctance (SynRM) Motors market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Synchronous Reluctance (SynRM) Motors 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 Synchronous Reluctance (SynRM) Motors.

This report presents a comprehensive overview, market shares, and growth opportunities of Synchronous Reluctance (SynRM) Motors market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
IE5
IE4

Segmentation by Application:
Automobile Manufacturing
Transportation
Household Appliances
Medical Equipment
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
Siemens
KSB
Danfoss
Nidec Leroy-Somer
Bonfiglioli
Oemer Motori Elettrici SPA
Mark Elektriks
Orange1
OSWOS
Delta Electronics
Chang Zhou South Motor
Gree Electric Appliances
Fuzhou Wonder Electric
Jiamusi Electric Machine
Hangzhou Ruilateng
Shenzhen Veichi Electric
Shenzhen Best Motion Technology
Jiangsu Huima Technology
Hiatran
Zhejiang Waland Motor
Sunvim

Key Questions Addressed in this Report

What is the 10-year outlook for the global Synchronous Reluctance (SynRM) Motors market?

What factors are driving Synchronous Reluctance (SynRM) Motors market growth, globally and by region?

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

How do Synchronous Reluctance (SynRM) Motors market opportunities vary by end market size?

How does Synchronous Reluctance (SynRM) Motors break out by Type, by Application?

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