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Global Medium Voltage Motors Market Research Report - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts (2025 - 2033)

Published Aug 13, 2025
Length 215 Pages
SKU # LOOK20514459

Description

Definition and Scope:

A medium voltage motor refers to an electric motor designed to operate at voltage levels ranging from around 1,000 to 13,800 volts. These motors are commonly used in industrial applications where higher power and torque requirements are needed. Compared to low voltage motors (typically up to 1,000 volts), medium voltage motors offer several advantages. They are capable of delivering greater power and torque, making them suitable for driving large machinery and equipment. Medium voltage motors are commonly used in applications such as pumps, compressors, fans, conveyors, crushers, mills, and various industrial processes.

Medium voltage motors are designed to withstand the higher voltage levels and associated electrical stresses. They often have robust construction, insulation systems, and protective measures to ensure reliable and safe operation. These motors may be induction motors, synchronous motors, or specialized types based on specific application requirements.

The global Medium Voltage Motors market size is projected to reach US$ 7605.32 Million by 2029 from US$ 5510.94 million in 2022 at a CAGR of 4.86% during 2023-2029. Increase in industrialization and urbanization, which has resulted in high economic activity to sustain higher industrial production and growing population base in various regions. The increasing focus on energy efficiency in the industrial sector and the resulting growing demand for energy-efficient motors has become a key driving force for the development of the medium voltage motor market. Energy-efficient motors stand out for their use of advanced materials and improved production processes. By utilizing these characteristics, these motors offer several advantages including higher service factors, reduced waste heat generation, extended bearing life, minimal maintenance costs and reduced vibration levels.

Furthermore, the global shift towards electric vehicles and the growth of the automotive industry drive the demand for medium voltage motors. These electric motors are used in electric vehicle propulsion and charging infrastructure. With major changes in electric vehicle technology, the global automotive industry is transitioning to electric vehicles. In Europe, aggressive measures to decarbonize society have led to an increasing adoption of electric vehicles that use electric motors.

Another driving force that cannot be ignored is that the increasing automation and deployment of industrial machinery and robots in various fields is driving the demand for medium voltage motors. The rise of automation and the implementation of Industry 4.0 principles have transformed industrial processes. Industries are increasingly adopting advanced machinery and robotics to improve efficiency, productivity and quality. Medium voltage motors play a vital role in powering these industrial machines and robotic systems, providing the necessary torque and precise control. The higher government regulations for medium-voltage motors, and the demand for HVAC systems also provide a good boost for the development of the medium-voltage motor market.

Segment by Type, the Medium Voltage Motors can be split into AC Motors, DC Motors, etc. In 2022, the market share of the AC Motors segment has reached 83.99%, dominating the entire market. This trend will continue during the forecast period. AC motors have long been used in a wide variety of applications and have become a proven and reliable technology. AC motors are used in a wide variety of applications in industries such as HVAC systems, industrial machinery, water and wastewater treatment, and power generation. Their adaptability and compatibility for different applications has contributed to their market dominance. Additionally, government regulations and initiatives aimed at improving energy efficiency and reducing carbon emissions encourage the adoption of AC motors. Policies to promote the use of high-efficiency motors and energy-saving measures have further strengthened the market position of AC motors.

According to the application field, Medium Voltage Motors can be split into Oil and Gas Industry, Power Generation, Mining and Metals Industry, Water and Wastewater Treatment, Manufacturing and Industrial Processes. The most, and will utilize nearly 30% of the entire market production scale in 2022. The oil and gas industry requires large amounts of power for a variety of processes, including drilling, pumping and compression. Medium voltage motors (typically 1,000 to 10,000 volts) provide the necessary power levels to efficiently meet these requirements. They have a higher power rating than low voltage motors and are therefore better suited for heavy duty applications. In addition, medium voltage motors increase energy efficiency, allowing operators to optimize power consumption and reduce operating costs. They contribute to industry efforts to reduce environmental impact and meet regulatory requirements.

On basis of geography, the Medium Voltage Motors market is segmented into North America, Europe, Asia-Pacific, South America, Middle East and Africa, etc. In recent years, the Asia-Pacific region has contributed the highest market revenue by 2022 The proportion even reached 47.60%. The Asia Pacific region has been experiencing significant industrial growth, especially in countries such as China, India, and Southeast Asian countries. Expanding manufacturing, infrastructure development, and rapid urbanization in these countries have increased the demand for medium voltage motors in various industries such as power generation, oil & gas, mining, and manufacturing.

According to our calculations, the two indicators used to measure the market concentration of Medium Voltage Motors, CR5 and HHI, were 40.38% and 3.30% in 2022, respectively. Such data shows that the concentration degree of the Medium Voltage Motors market is very low, and manufacturers in the market are in fierce competition. Key players in the market include ABB, Nidec, General Electric (Wolong), Regal Rexnord Corporation, Siemens AG, WEG, Toshiba, TECO Electric & Machinery, TMEIC, SEVA-tec, VEM Sachsenwerk GmbH, Meidensha Corporation, Menzel, Hoyer Motors.

This report offers a comprehensive analysis of the global Medium Voltage Motors market, examining all key dimensions. It provides both a macro-level overview and micro-level market details, including market size, trends, competitive landscape, niche segments, growth drivers, and key challenges.

Report Framework and Key Highlights:

Market Dynamics: Identification of major market drivers, restraints, opportunities, and challenges.

Trend Analysis: Examination of ongoing and emerging trends impacting the market.

Competitive Landscape: Detailed profiles and market positioning of major players, including market share, operational status, product offerings, and strategic developments.

Strategic Analysis Tools: SWOT Analysis, Porter’s Five Forces Analysis, PEST Analysis, Value Chain Analysis

Market Segmentation: By type, application, region, and end-user industry.

Forecasting and Growth Projections: In-depth revenue forecasts and CAGR analysis through 2033.

This report equips readers with critical insights to navigate competitive dynamics and develop effective strategies. Whether assessing a new market entry or refining existing strategies, the report serves as a valuable tool for:

Industry players

Investors

Researchers

Consultants

Business strategists

And all stakeholders with an interest or investment in the Medium Voltage Motors market.

Global Medium Voltage Motors Market: Segmentation Analysis and Strategic Insights

This section of the report provides an in-depth segmentation analysis of the global Medium Voltage Motors market. The market is segmented based on region (country), manufacturer, product type, and application. Segmentation enables a more precise understanding of market dynamics and facilitates targeted strategies across product development, marketing, and sales.

By breaking the market into meaningful subsets, stakeholders can better tailor their offerings to the specific needs of each segment—enhancing competitiveness and improving return on investment.

Global Medium Voltage Motors Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Companies Profiled

ABB

Nidec

General Electric (Wolong)

Regal Rexnord Corporation

Siemens AG

WEG

Toshiba

TECO Electric & Machinery

TMEIC

SEVA-tec

VEM Sachsenwerk GmbH

Meidensha Corporation

Menzel

Hoyer Motors

Market Segmentation by Type

AC Motors

DC Motors

Market Segmentation by Application

Oil and Gas Industry

Power Generation

Mining and Metals Industry

Water & Wastewater Treatment

Manufacturing

Others

Geographic Segmentation

North America: United States, Canada, Mexico

Europe: Germany, France, Italy, U.K., Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium, Russia.

Asia-Pacific: China, Japan, South Korea, India, Australia, Indonesia, Malaysia, Philippines, Singapore, Thailand

South America: Brazil, Argentina, Colombia.

Middle East and Africa (MEA): Saudi Arabia, United Arab Emirates, Egypt, Nigeria, South Africa, Rest of MEA

Report Framework and Chapter Summary

Chapter 1: Report Scope and Market Definition

This chapter outlines the statistical boundaries and scope of the report. It defines the segmentation standards used throughout the study, including criteria for dividing the market by region, product type, application, and other relevant dimensions. It establishes the foundational definitions and classifications that guide the rest of the analysis.

Chapter 2: Executive Summary

This chapter presents a concise summary of the market’s current status and future outlook across different segments—by geography, product type, and application. It includes key metrics such as market size, growth trends, and development potential for each segment. The chapter offers a high-level overview of the Medium Voltage Motors Market, highlighting its evolution over the short, medium, and long term.

Chapter 3: Market Dynamics and Policy Environment

This chapter explores the latest developments in the market, identifying key growth drivers, restraints, challenges, and risks faced by industry participants. It also includes an analysis of the policy and regulatory landscape affecting the market, providing insight into how external factors may shape future performance.

Chapter 4: Competitive Landscape

This chapter provides a detailed assessment of the market's competitive environment. It covers market share, production capacity, output, pricing trends, and strategic developments such as mergers, acquisitions, and expansion plans of leading players. This analysis offers a comprehensive view of the positioning and performance of top competitors.

Chapters 5–10: Regional Market Analysis

These chapters offer in-depth, quantitative evaluations of market size and growth potential across major regions and countries. Each chapter assesses regional consumption patterns, market dynamics, development prospects, and available capacity. The analysis helps readers understand geographical differences and opportunities in global markets.

Chapter 11: Market Segmentation by Product Type

This chapter examines the market based on product type, analyzing the size, growth trends, and potential of each segment. It helps stakeholders identify underexplored or high-potential product categories—often referred to as “blue ocean” opportunities.

Chapter 12: Market Segmentation by Application

This chapter analyzes the market based on application fields, providing insights into the scale and future development of each application segment. It supports readers in identifying high-growth areas across downstream markets.

Chapter 13: Company Profiles

This chapter presents comprehensive profiles of leading companies operating in the market. For each company, it details sales revenue, volume, pricing, gross profit margin, market share, product offerings, and recent strategic developments. This section offers valuable insight into corporate performance and strategy.

Chapter 14: Industry Chain and Value Chain Analysis

This chapter explores the full industry chain, from upstream raw material suppliers to downstream application sectors. It includes a value chain analysis that highlights the interconnections and dependencies across various parts of the ecosystem.

Chapter 15: Key Findings and Conclusions

The final chapter summarizes the main takeaways from the report, presenting the core conclusions, strategic recommendations, and implications for stakeholders. It encapsulates the insights drawn from all previous chapters.

Table of Contents

215 Pages
1 Introduction to Research & Analysis Reports
1.1 Medium Voltage Motors Market Definition
1.2 Medium Voltage Motors Market Segments
1.2.1 Segment by Type
1.2.2 Segment by Application
2 Executive Summary
2.1 Global Medium Voltage Motors Market Size
2.2 Market Segmentation – by Type
2.3 Market Segmentation – by Application
2.4 Market Segmentation – by Geography
3 Key Market Trends, Opportunity, Drivers and Restraints
3.1 Key Takeway
3.2 Market Opportunities & Trends
3.3 Market Drivers
3.4 Market Restraints
3.5 Market Major Factor Assessment
4 Global Medium Voltage Motors Market Competitive Landscape
4.1 Global Medium Voltage Motors Sales by Manufacturers (2020-2025)
4.2 Global Medium Voltage Motors Revenue Market Share by Manufacturers (2020-2025)
4.3 Medium Voltage Motors Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
4.4 New Entrant and Capacity Expansion Plans
4.5 Mergers & Acquisitions
5 Global Medium Voltage Motors Market by Region
5.1 Global Medium Voltage Motors Market Size by Region
5.1.1 Global Medium Voltage Motors Market Size by Region
5.1.2 Global Medium Voltage Motors Market Size Market Share by Region
5.2 Global Medium Voltage Motors Sales by Region
5.2.1 Global Medium Voltage Motors Sales by Region
5.2.2 Global Medium Voltage Motors Sales Market Share by Region
6 North America Market Overview
6.1 North America Medium Voltage Motors Market Size by Country
6.1.1 USA Market Overview
6.1.2 Canada Market Overview
6.1.3 Mexico Market Overview
6.2 North America Medium Voltage Motors Market Size by Type
6.3 North America Medium Voltage Motors Market Size by Application
6.4 Top Players in North America Medium Voltage Motors Market
7 Europe Market Overview
7.1 Europe Medium Voltage Motors Market Size by Country
7.1.1 Germany Market Overview
7.1.2 France Market Overview
7.1.3 U.K. Market Overview
7.1.4 Italy Market Overview
7.1.5 Spain Market Overview
7.1.6 Sweden Market Overview
7.1.7 Denmark Market Overview
7.1.8 Netherlands Market Overview
7.1.9 Switzerland Market Overview
7.1.10 Belgium Market Overview
7.1.11 Russia Market Overview
7.2 Europe Medium Voltage Motors Market Size by Type
7.3 Europe Medium Voltage Motors Market Size by Application
7.4 Top Players in Europe Medium Voltage Motors Market
8 Asia-Pacific Market Overview
8.1 Asia-Pacific Medium Voltage Motors Market Size by Country
8.1.1 China Market Overview
8.1.2 Japan Market Overview
8.1.3 South Korea Market Overview
8.1.4 India Market Overview
8.1.5 Australia Market Overview
8.1.6 Indonesia Market Overview
8.1.7 Malaysia Market Overview
8.1.8 Philippines Market Overview
8.1.9 Singapore Market Overview
8.1.10 Thailand Market Overview
8.1.11 Rest of APAC Market Overview
8.2 Asia-Pacific Medium Voltage Motors Market Size by Type
8.3 Asia-Pacific Medium Voltage Motors Market Size by Application
8.4 Top Players in Asia-Pacific Medium Voltage Motors Market
9 South America Market Overview
9.1 South America Medium Voltage Motors Market Size by Country
9.1.1 Brazil Market Overview
9.1.2 Argentina Market Overview
9.1.3 Columbia Market Overview
9.2 South America Medium Voltage Motors Market Size by Type
9.3 South America Medium Voltage Motors Market Size by Application
9.4 Top Players in South America Medium Voltage Motors Market
10 Middle East and Africa Market Overview
10.1 Middle East and Africa Medium Voltage Motors Market Size by Country
10.1.1 Saudi Arabia Market Overview
10.1.2 UAE Market Overview
10.1.3 Egypt Market Overview
10.1.4 Nigeria Market Overview
10.1.5 South Africa Market Overview
10.2 Middle East and Africa Medium Voltage Motors Market Size by Type
10.3 Middle East and Africa Medium Voltage Motors Market Size by Application
10.4 Top Players in Middle East and Africa Medium Voltage Motors Market
11 Medium Voltage Motors Market Segmentation by Type
11.1 Evaluation Matrix of Segment Market Development Potential (Type)
11.2 Global Medium Voltage Motors Sales Market Share by Type (2020-2033)
11.3 Global Medium Voltage Motors Market Size Market Share by Type (2020-2033)
11.4 Global Medium Voltage Motors Price by Type (2020-2033)
12 Medium Voltage Motors Market Segmentation by Application
12.1 Evaluation Matrix of Segment Market Development Potential (Application)
12.2 Global Medium Voltage Motors Market Sales by Application (2020-2033)
12.3 Global Medium Voltage Motors Market Size (M USD) by Application (2020-2033)
12.4 Global Medium Voltage Motors Sales Growth Rate by Application (2020-2033)
13 Company Profiles
13.1 ABB
13.1.1 ABB Company Overview
13.1.2 ABB Business Overview
13.1.3 ABB Medium Voltage Motors Major Product Offerings
13.1.4 ABB Medium Voltage Motors Sales and Revenue fromMedium Voltage Motors (2020-2025)
13.1.5 Key News
13.2 Nidec
13.2.1 Nidec Company Overview
13.2.2 Nidec Business Overview
13.2.3 Nidec Medium Voltage Motors Major Product Offerings
13.2.4 Nidec Medium Voltage Motors Sales and Revenue fromMedium Voltage Motors (2020-2025)
13.2.5 Key News
13.3 General Electric (Wolong)
13.3.1 General Electric (Wolong) Company Overview
13.3.2 General Electric (Wolong) Business Overview
13.3.3 General Electric (Wolong) Medium Voltage Motors Major Product Offerings
13.3.4 General Electric (Wolong) Medium Voltage Motors Sales and Revenue fromMedium Voltage Motors (2020-2025)
13.3.5 Key News
13.4 Regal Rexnord Corporation
13.4.1 Regal Rexnord Corporation Company Overview
13.4.2 Regal Rexnord Corporation Business Overview
13.4.3 Regal Rexnord Corporation Medium Voltage Motors Major Product Offerings
13.4.4 Regal Rexnord Corporation Medium Voltage Motors Sales and Revenue fromMedium Voltage Motors (2020-2025)
13.4.5 Key News
13.5 Siemens AG
13.5.1 Siemens AG Company Overview
13.5.2 Siemens AG Business Overview
13.5.3 Siemens AG Medium Voltage Motors Major Product Offerings
13.5.4 Siemens AG Medium Voltage Motors Sales and Revenue fromMedium Voltage Motors (2020-2025)
13.5.5 Key News
13.6 WEG
13.6.1 WEG Company Overview
13.6.2 WEG Business Overview
13.6.3 WEG Medium Voltage Motors Major Product Offerings
13.6.4 WEG Medium Voltage Motors Sales and Revenue fromMedium Voltage Motors (2020-2025)
13.6.5 Key News
13.7 Toshiba
13.7.1 Toshiba Company Overview
13.7.2 Toshiba Business Overview
13.7.3 Toshiba Medium Voltage Motors Major Product Offerings
13.7.4 Toshiba Medium Voltage Motors Sales and Revenue fromMedium Voltage Motors (2020-2025)
13.7.5 Key News
13.8 TECO Electric and Machinery
13.8.1 TECO Electric and Machinery Company Overview
13.8.2 TECO Electric and Machinery Business Overview
13.8.3 TECO Electric and Machinery Medium Voltage Motors Major Product Offerings
13.8.4 TECO Electric and Machinery Medium Voltage Motors Sales and Revenue fromMedium Voltage Motors (2020-2025)
13.8.5 Key News
13.9 TMEIC
13.9.1 TMEIC Company Overview
13.9.2 TMEIC Business Overview
13.9.3 TMEIC Medium Voltage Motors Major Product Offerings
13.9.4 TMEIC Medium Voltage Motors Sales and Revenue fromMedium Voltage Motors (2020-2025)
13.9.5 Key News
13.10 SEVA-tec
13.10.1 SEVA-tec Company Overview
13.10.2 SEVA-tec Business Overview
13.10.3 SEVA-tec Medium Voltage Motors Major Product Offerings
13.10.4 SEVA-tec Medium Voltage Motors Sales and Revenue fromMedium Voltage Motors (2020-2025)
13.10.5 Key News
13.11 VEM Sachsenwerk GmbH
13.11.1 VEM Sachsenwerk GmbH Company Overview
13.11.2 VEM Sachsenwerk GmbH Business Overview
13.11.3 VEM Sachsenwerk GmbH Medium Voltage Motors Major Product Offerings
13.11.4 VEM Sachsenwerk GmbH Medium Voltage Motors Sales and Revenue fromMedium Voltage Motors (2020-2025)
13.11.5 Key News
13.12 Meidensha Corporation
13.12.1 Meidensha Corporation Company Overview
13.12.2 Meidensha Corporation Business Overview
13.12.3 Meidensha Corporation Medium Voltage Motors Major Product Offerings
13.12.4 Meidensha Corporation Medium Voltage Motors Sales and Revenue fromMedium Voltage Motors (2020-2025)
13.12.5 Key News
13.13 Menzel
13.13.1 Menzel Company Overview
13.13.2 Menzel Business Overview
13.13.3 Menzel Medium Voltage Motors Major Product Offerings
13.13.4 Menzel Medium Voltage Motors Sales and Revenue fromMedium Voltage Motors (2020-2025)
13.13.5 Key News
13.14 Hoyer Motors
13.14.1 Hoyer Motors Company Overview
13.14.2 Hoyer Motors Business Overview
13.14.3 Hoyer Motors Medium Voltage Motors Major Product Offerings
13.14.4 Hoyer Motors Medium Voltage Motors Sales and Revenue fromMedium Voltage Motors (2020-2025)
13.14.5 Key News
14 Key Market Trends, Opportunity, Drivers and Restraints
14.1 Key Takeway
14.2 Market Opportunities & Trends
14.3 Market Drivers
14.4 Market Restraints
14.5 Market Major Factor Assessment
14.6 Porter's Five Forces Analysis of Medium Voltage Motors Market
14.7 PEST Analysis of Medium Voltage Motors Market
15 Analysis of the Medium Voltage Motors Industry Chain
15.1 Overview of the Industry Chain
15.2 Upstream Segment Analysis
15.3 Midstream Segment Analysis
15.3.1 Manufacturing, Processing or Conversion Process Analysis
15.3.2 Key Technology Analysis
15.4 Downstream Segment Analysis
15.4.1 Downstream Customer List and Contact Details
15.4.2 Customer Concerns or Preference Analysis
16 Conclusion
17 Appendix
17.1 Methodology
17.2 Research Process and Data Source
17.3 Disclaimer
17.4 Note
17.5 Examples of Clients
17.6 Disclaimer
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