Market Forecast by Countries (China, India, Japan, Australia, Indonesia, Philippines, Thailand, Malaysia, Rest of Asia), By Type (Single Phase, Three Phase), By Application (Residential, Industrial, Commercial, Transportation, Others) And Competitive Landscape
| Product Code: ETC393631 | Publication Date: Aug 2022 | Updated Date: Sep 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 250 | No. of Figures: 50 | No. of Tables: 25 |
According to 6Wresearch internal database and industry insights, the Asia Pacific induction motor market was valued at USD 11.5 billion in 2024 and is projected to reach USD 18.3 billion by 2031, indicating a compound annual growth rate (CAGR) of 7.1% during the forecast period 2025-2031.
| Report Name | Asia Pacific Induction Motor Market |
| Forecast Period | 2025-2031 |
| CAGR | 7.1% |
| Market Size | USD 18.3 billion by 2031 |
| Growing Sector | Industrial Industry |
The Asia Pacific induction motor market report thoroughly covers the market by type, application, and countries. The report provides an unbiased and detailed analysis of ongoing market trends, opportunities, high-growth areas, and market drivers, which would help stakeholders to devise and align their market strategies according to current and future market dynamics.
The Asia Pacific induction motor market is witnessing steady growth in the region. Factors such as growing automation, rapid industrialisation, and the increasing demand for energy-efficient solutions are propelling the strong demand for advanced induction motors. Additionally, the integration of modern technologies in numerous industries, such as manufacturing and HVAC, and the need for robust, durable, and cost-effective motor systems are supporting the Asia Pacific induction motor market growth. Moreover, the ongoing expansion of industrial applications and rising urbanisation further fuel the robust growth of the market across the region.
Asia Pacific Induction Motor Market is projected to grow at a CAGR of 7.1% during the forecast period (2025-2031). Several major drivers are driving the steady growth of the Asia Pacific induction motor market. Key drivers such as the actively increasing government initiatives encouraging industrial growth, rising focus on energy-efficient motors, and the rise of smart manufacturing processes are supporting the steady growth of the market. Furthermore, the ongoing growing demand for induction motors in commercial and transportation applications is another key driver, further propelling the strong demand. The role of induction motors is crucial in driving operational efficiency across various industries.
The Asia Pacific induction motor market is facing various critical challenges, even with the steady growth across the region. Issues such as the limited availability of skilled labour, high maintenance costs, and the need for continuous improvement are posing a major challenge to market growth. Additionally, the increasing availability of alternative motor technologies and the lack of regulatory frameworks are other hurdles which is hampering the market expansion. Moreover, Price sensitivity, particularly in developing regions, also creates major barriers by limiting the implementation of induction motors.
The Asia Pacific induction motor market has been evolving due to various major trends. Key trends such as the rising adoption of Industry 4.0 technologies and the growing demand for energy-efficient, low-carbon emission solutions are supporting the market growth in the region. Additionally, ongoing automation in industrial and commercial sectors is another major trend propelling the strong demand for high-efficiency motors. Moreover, the rise of electric vehicles and the need for energy-efficient transportation systems also enhance the market landscape in the region.
The Asia Pacific induction motor industry offers various strong and promising investment opportunities for investors seeking long-term growth. The growth of automation, renewable energy, and electric vehicle infrastructure offers strong market potential across the region. Additionally, investors investing in R&D for developing energy-efficient and smart induction motors that can operate with minimal human intervention are likely to witness stable growth in the market. Moreover, increasing government-backed initiatives aimed at encouraging industrial growth and sustainability projects also create ample opportunities. Moreover, the rise of advanced manufacturing hubs also encourages steady growth for small investors.
Leading companies in the Asia Pacific induction motor market include Siemens AG, ABB Ltd., WEG S.A., and Toshiba Corporation. These companies dominate the market by focusing on offering reliable, high-performance induction motors. Additionally, these players are continually focusing on enhancing product features, expanding their production capabilities, and adopting advanced technologies.
The governments around the region have been launching various strict regulations in the Asia Pacific induction motor market. These strict regulations aim to promote energy-efficient motor systems, supporting the responsible growth of the market in the region. Additionally, China's implementation of the "Energy Efficiency Standards for Electric Motors" has spurred manufacturers to develop induction motors that meet stringent efficiency standards. India's Bureau of Energy Efficiency (BEE) has introduced standards for induction motors, encouraging their use in industrial and residential applications.
The Asia Pacific induction motor market is expected to experience steady growth in the future. Emerging factors such as the growth of electric vehicles, rapid industrialisation, and the growing adoption of smart manufacturing technologies will likely propel the strong demand for advanced induction motors. Additionally, emerging trends such as the growing demand for energy-efficient solutions and advancements in motor technology will be shaping the market dynamics in the coming years. Moreover, the adoption of induction motors in various industrial, commercial, and residential applications is anticipated to boost the market growth in the region.
The report offers a comprehensive study of the subsequent market segments and their leading categories.
According to Mansi Kaushik, Senior Research Analyst, 6Wresearch, China dominates the Asia Pacific induction motor market due to its large manufacturing base, government-backed industrial policies, and strong demand for energy-efficient motors. China’s industrial sector is rapidly adopting automation, boosting the demand for induction motors.
Industrial applications hold the largest Asia Pacific induction motor market share, driven by the growing demand for automation, robotics, and energy-efficient solutions across manufacturing sectors. Motors are essential for running machines, pumps, fans, and other industrial equipment.
The market report provides a detailed analysis of the following market segments:
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1 Executive Summary |
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2 Introduction |
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2.1 Key Highlights of the Report |
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2.2 Report Description |
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2.3 Market Scope & Segmentation |
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2.4 Research Methodology |
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2.5 Assumptions |
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3 Asia Pacific Induction Motor Market Overview |
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3.1 Asia Pacific Regional Macro Economic Indicators |
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3.2 Asia Pacific Induction Motor Market Revenues & Volume, 2021 & 2031F |
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3.3 Asia Pacific Induction Motor Market - Industry Life Cycle |
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3.4 Asia Pacific Induction Motor Market - Porter's Five Forces |
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3.5 Asia Pacific Induction Motor Market Revenues & Volume Share, By Countries, 2021 & 2031F |
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3.6 Asia Pacific Induction Motor Market Revenues & Volume Share, By Type, 2021 & 2031F |
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3.7 Asia Pacific Induction Motor Market Revenues & Volume Share, By Form, 2021 & 2031F |
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4 Asia Pacific Induction Motor Market Dynamics |
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4.1 Impact Analysis |
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4.2 Market Drivers |
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4.3 Market Restraints |
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5 Asia Pacific Induction Motor Market Trends |
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6 Asia Pacific Induction Motor Market, 2021 - 2031 |
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6.1 Asia Pacific Induction Motor Market, Revenues & Volume, By Type, 2021 - 2031 |
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6.2 Asia Pacific Induction Motor Market, Revenues & Volume, By Application, 2021 - 2031 |
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7 China Induction Motor Market, 2021 - 2031 |
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7.1 China Induction Motor Market, Revenues & Volume, By Type, 2021 - 2031 |
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7.2 China Induction Motor Market, Revenues & Volume, By Application, 2021 - 2031 |
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8 India Induction Motor Market, 2021 - 2031 |
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8.1 India Induction Motor Market, Revenues & Volume, By Type, 2021 - 2031 |
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8.2 India Induction Motor Market, Revenues & Volume, By Application, 2021 - 2031 |
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9 Japan Induction Motor Market, 2021 - 2031 |
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9.1 Japan Induction Motor Market, Revenues & Volume, By Type, 2021 - 2031 |
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9.2 Japan Induction Motor Market, Revenues & Volume, By Application, 2021 - 2031 |
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10 Australia Induction Motor Market, 2021 - 2031 |
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10.1 Australia Induction Motor Market, Revenues & Volume, By Type, 2021 - 2031 |
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10.2 Australia Induction Motor Market, Revenues & Volume, By Application, 2021 - 2031 |
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11 Indonesia Induction Motor Market, 2021 - 2031 |
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11.1 Indonesia Induction Motor Market, Revenues & Volume, By Type, 2021 - 2031 |
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11.2 Indonesia Induction Motor Market, Revenues & Volume, By Application, 2021 - 2031 |
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12 Philippines Induction Motor Market, 2021 - 2031 |
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12.1 Philippines Induction Motor Market, Revenues & Volume, By Type, 2021 - 2031 |
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12.2 Philippines Induction Motor Market, Revenues & Volume, By Application, 2021 - 2031 |
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13 Malaysia Induction Motor Market, 2021 - 2031 |
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13.1 Malaysia Induction Motor Market, Revenues & Volume, By Type, 2021 - 2031 |
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13.2 Malaysia Induction Motor Market, Revenues & Volume, By Application, 2021 - 2031 |
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14 Rest of Asia Induction Motor Market, 2021 - 2031 |
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14.1 Rest of Asia Induction Motor Market, Revenues & Volume, By Type, 2021 - 2031 |
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14.2 Rest of Asia Induction Motor Market, Revenues & Volume, By Application, 2021 - 2031 |
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11 Asia Pacific Induction Motor Market Key Performance Indicators |
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12 Asia Pacific Induction Motor Market - Opportunity Assessment |
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12.1 Asia Pacific Induction Motor Market Opportunity Assessment, By Countries, 2021 & 2031F |
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12.2 Asia Pacific Induction Motor Market Opportunity Assessment, By Type, 2021 & 2031F |
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12.3 Asia Pacific Induction Motor Market Opportunity Assessment, By Application, 2021 & 2031F |
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13 Asia Pacific Induction Motor Market - Competitive Landscape |
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13.1 Asia Pacific Induction Motor Market Revenue Share, By Companies, 2024 |
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13.2 Asia Pacific Induction Motor Market Competitive Benchmarking, By Operating and Technical Parameters |
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14 Company Profiles |
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15 Recommendations |
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16 Disclaimer |