Product Code: ETC13405594 | Publication Date: Apr 2025 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 |
According to 6Wresearch internal database and industry insights, the Global AC Electric Motor Sales in Oil & Gas Market was valued at USD 6.1 Billion in 2024 and is expected to reach USD 9.2 Billion by 2031, growing at a compound annual growth rate of 9.70% during the forecast period (2025-2031).
The global AC electric motor sales in the oil and gas market are driven by the increasing demand for energy-efficient solutions and the expansion of oil and gas exploration and production activities. AC electric motors are widely used in various applications within the oil and gas industry, such as pumps, compressors, and fans. The market is witnessing growth due to the rising investments in oil and gas infrastructure and the need for reliable and high-performance electric motors to support critical operations. Key players in the market are focusing on developing advanced AC electric motor technologies to cater to the specific requirements of the oil and gas sector. Additionally, stringent regulations regarding energy efficiency and environmental sustainability are also influencing the market dynamics, leading to a shift towards more efficient AC electric motor solutions in the oil and gas industry.
The Global AC Electric Motor Sales in Oil & Gas Market is witnessing a trend towards energy-efficient and environmentally friendly electric motors to comply with stringent regulations and reduce operational costs. There is a growing demand for variable speed drives and soft starters to enhance motor performance and optimize energy consumption in oil and gas applications. Additionally, the adoption of IoT and predictive maintenance technologies is creating opportunities for remote monitoring and condition-based maintenance of electric motors in the industry. As the oil and gas sector continues to recover from the impact of the COVID-19 pandemic, there is a renewed focus on upgrading aging infrastructure and improving operational efficiency, driving the market for AC electric motors in the industry.
In the Global AC Electric Motor Sales in Oil & Gas Market, challenges are primarily related to the cyclical nature of the oil and gas industry, which can lead to fluctuations in demand for electric motors. Additionally, the increasing emphasis on energy efficiency and environmental sustainability in the sector poses a challenge for AC electric motor manufacturers to develop more efficient and eco-friendly products to meet stringent regulations and requirements. Furthermore, the competitive landscape with a growing number of market players offering similar products adds pressure on pricing and differentiation strategies. Geopolitical uncertainties, such as trade disputes and regulatory changes, also impact the market dynamics and create uncertainties for manufacturers in the industry. Adapting to these challenges requires continuous innovation, strategic partnerships, and a deep understanding of market trends and customer needs.
The Global AC Electric Motor Sales in Oil & Gas Market is primarily driven by the increasing demand for energy-efficient solutions to reduce operational costs and improve overall efficiency in the oil and gas industry. AC electric motors are preferred for their reliability, low maintenance requirements, and ability to operate in harsh environments, making them ideal for various applications in the sector. Additionally, the rising focus on sustainability and environmental regulations has led companies to invest in energy-efficient technologies like AC electric motors to minimize carbon emissions and enhance their corporate social responsibility. Furthermore, technological advancements such as the integration of IoT and automation in motor systems are also driving the market growth by offering real-time monitoring and predictive maintenance capabilities, thereby optimizing operational performance and minimizing downtime.
Government policies related to the Global AC Electric Motor Sales in Oil & Gas Market vary by country. In general, there is a growing emphasis on energy efficiency and reducing carbon emissions, leading to regulations favoring the use of electric motors over traditional combustion engines in the oil and gas industry. Many governments are offering incentives and subsidies to encourage the adoption of AC electric motors, which are more environmentally friendly and cost-effective in the long run. Additionally, some countries have implemented stricter emission standards and regulations on the use of fossil fuels, further driving the demand for electric motors in the oil and gas sector. Overall, government policies are playing a significant role in shaping the market dynamics and driving the growth of AC electric motor sales in the oil and gas industry.
The future outlook for the Global AC Electric Motor Sales in Oil & Gas Market appears promising, with steady growth anticipated in the coming years. The market is expected to be driven by the increasing demand for energy worldwide, especially in the oil and gas industry, where AC electric motors play a crucial role in various applications such as pumps, compressors, and drilling equipment. Technological advancements in motor efficiency and reliability, along with the growing focus on reducing carbon emissions, are expected to further boost the adoption of AC electric motors in the oil and gas sector. Additionally, the rising investments in oil and gas exploration and production activities, particularly in emerging markets, are likely to create lucrative opportunities for market players. Overall, the Global AC Electric Motor Sales in Oil & Gas Market is poised for sustained growth in the foreseeable future.
In the Global AC Electric Motor Sales in Oil & Gas Market, the regional insights show varying trends. In Asia, the market is expected to witness significant growth due to the increasing investments in oil and gas exploration activities in countries like China and India. North America is projected to maintain a strong position in the market, driven by the presence of key oil and gas companies and technological advancements in electric motors. Europe is likely to witness moderate growth, with a focus on energy efficiency and sustainability driving the demand for AC electric motors. The Middle East and Africa region is anticipated to experience steady growth, supported by ongoing oil and gas projects. In Latin America, market growth is expected to be hindered by economic challenges but could be boosted by increasing investments in the oil and gas sector.
Global AC Electric Motor Sales in Oil & Gas Market |
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Global AC Electric Motor Sales in Oil & Gas Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global AC Electric Motor Sales in Oil & Gas Market Revenues & Volume, 2021 & 2031F |
3.3 Global AC Electric Motor Sales in Oil & Gas Market - Industry Life Cycle |
3.4 Global AC Electric Motor Sales in Oil & Gas Market - Porter's Five Forces |
3.5 Global AC Electric Motor Sales in Oil & Gas Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global AC Electric Motor Sales in Oil & Gas Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Global AC Electric Motor Sales in Oil & Gas Market Revenues & Volume Share, By Voltage, 2021 & 2031F |
3.8 Global AC Electric Motor Sales in Oil & Gas Market Revenues & Volume Share, By Output Power (HP), 2021 & 2031F |
3.9 Global AC Electric Motor Sales in Oil & Gas Market Revenues & Volume Share, By Output Power (kW), 2021 & 2031F |
4 Global AC Electric Motor Sales in Oil & Gas Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global AC Electric Motor Sales in Oil & Gas Market Trends |
6 Global AC Electric Motor Sales in Oil & Gas Market, 2021 - 2031 |
6.1 Global AC Electric Motor Sales in Oil & Gas Market, Revenues & Volume, By Type, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global AC Electric Motor Sales in Oil & Gas Market, Revenues & Volume, By Induction & Synchronous, 2021 - 2031 |
6.2 Global AC Electric Motor Sales in Oil & Gas Market, Revenues & Volume, By Voltage, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global AC Electric Motor Sales in Oil & Gas Market, Revenues & Volume, By < 1 KV, 2021 - 2031 |
6.2.3 Global AC Electric Motor Sales in Oil & Gas Market, Revenues & Volume, By 1-6.6 kV, 2021 - 2031 |
6.2.4 Global AC Electric Motor Sales in Oil & Gas Market, Revenues & Volume, By > 6.6 kV, 2021 - 2031 |
6.3 Global AC Electric Motor Sales in Oil & Gas Market, Revenues & Volume, By Output Power (HP), 2021 - 2031 |
6.3.1 Overview & Analysis |
6.3.2 Global AC Electric Motor Sales in Oil & Gas Market, Revenues & Volume, By < 1 HP, 2021 - 2031 |
6.3.3 Global AC Electric Motor Sales in Oil & Gas Market, Revenues & Volume, By > 1 HP, 2021 - 2031 |
6.4 Global AC Electric Motor Sales in Oil & Gas Market, Revenues & Volume, By Output Power (kW), 2021 - 2031 |
6.4.1 Overview & Analysis |
6.4.2 Global AC Electric Motor Sales in Oil & Gas Market, Revenues & Volume, By 0.12-7.5 kW, 2021 - 2031 |
6.4.3 Global AC Electric Motor Sales in Oil & Gas Market, Revenues & Volume, By 7.5-110 kW, 2021 - 2031 |
6.4.4 Global AC Electric Motor Sales in Oil & Gas Market, Revenues & Volume, By 110-1000 kW, 2021 - 2031 |
6.4.5 Global AC Electric Motor Sales in Oil & Gas Market, Revenues & Volume, By > 1000 kW, 2021 - 2031 |
7 North America AC Electric Motor Sales in Oil & Gas Market, Overview & Analysis |
7.1 North America AC Electric Motor Sales in Oil & Gas Market Revenues & Volume, 2021 - 2031 |
7.2 North America AC Electric Motor Sales in Oil & Gas Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) AC Electric Motor Sales in Oil & Gas Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada AC Electric Motor Sales in Oil & Gas Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America AC Electric Motor Sales in Oil & Gas Market, Revenues & Volume, 2021 - 2031 |
7.3 North America AC Electric Motor Sales in Oil & Gas Market, Revenues & Volume, By Type, 2021 - 2031 |
7.4 North America AC Electric Motor Sales in Oil & Gas Market, Revenues & Volume, By Voltage, 2021 - 2031 |
7.5 North America AC Electric Motor Sales in Oil & Gas Market, Revenues & Volume, By Output Power (HP), 2021 - 2031 |
7.6 North America AC Electric Motor Sales in Oil & Gas Market, Revenues & Volume, By Output Power (kW), 2021 - 2031 |
8 Latin America (LATAM) AC Electric Motor Sales in Oil & Gas Market, Overview & Analysis |
8.1 Latin America (LATAM) AC Electric Motor Sales in Oil & Gas Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) AC Electric Motor Sales in Oil & Gas Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil AC Electric Motor Sales in Oil & Gas Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico AC Electric Motor Sales in Oil & Gas Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina AC Electric Motor Sales in Oil & Gas Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM AC Electric Motor Sales in Oil & Gas Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) AC Electric Motor Sales in Oil & Gas Market, Revenues & Volume, By Type, 2021 - 2031 |
8.4 Latin America (LATAM) AC Electric Motor Sales in Oil & Gas Market, Revenues & Volume, By Voltage, 2021 - 2031 |
8.5 Latin America (LATAM) AC Electric Motor Sales in Oil & Gas Market, Revenues & Volume, By Output Power (HP), 2021 - 2031 |
8.6 Latin America (LATAM) AC Electric Motor Sales in Oil & Gas Market, Revenues & Volume, By Output Power (kW), 2021 - 2031 |
9 Asia AC Electric Motor Sales in Oil & Gas Market, Overview & Analysis |
9.1 Asia AC Electric Motor Sales in Oil & Gas Market Revenues & Volume, 2021 - 2031 |
9.2 Asia AC Electric Motor Sales in Oil & Gas Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India AC Electric Motor Sales in Oil & Gas Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China AC Electric Motor Sales in Oil & Gas Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan AC Electric Motor Sales in Oil & Gas Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia AC Electric Motor Sales in Oil & Gas Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia AC Electric Motor Sales in Oil & Gas Market, Revenues & Volume, By Type, 2021 - 2031 |
9.4 Asia AC Electric Motor Sales in Oil & Gas Market, Revenues & Volume, By Voltage, 2021 - 2031 |
9.5 Asia AC Electric Motor Sales in Oil & Gas Market, Revenues & Volume, By Output Power (HP), 2021 - 2031 |
9.6 Asia AC Electric Motor Sales in Oil & Gas Market, Revenues & Volume, By Output Power (kW), 2021 - 2031 |
10 Africa AC Electric Motor Sales in Oil & Gas Market, Overview & Analysis |
10.1 Africa AC Electric Motor Sales in Oil & Gas Market Revenues & Volume, 2021 - 2031 |
10.2 Africa AC Electric Motor Sales in Oil & Gas Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa AC Electric Motor Sales in Oil & Gas Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt AC Electric Motor Sales in Oil & Gas Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria AC Electric Motor Sales in Oil & Gas Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa AC Electric Motor Sales in Oil & Gas Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa AC Electric Motor Sales in Oil & Gas Market, Revenues & Volume, By Type, 2021 - 2031 |
10.4 Africa AC Electric Motor Sales in Oil & Gas Market, Revenues & Volume, By Voltage, 2021 - 2031 |
10.5 Africa AC Electric Motor Sales in Oil & Gas Market, Revenues & Volume, By Output Power (HP), 2021 - 2031 |
10.6 Africa AC Electric Motor Sales in Oil & Gas Market, Revenues & Volume, By Output Power (kW), 2021 - 2031 |
11 Europe AC Electric Motor Sales in Oil & Gas Market, Overview & Analysis |
11.1 Europe AC Electric Motor Sales in Oil & Gas Market Revenues & Volume, 2021 - 2031 |
11.2 Europe AC Electric Motor Sales in Oil & Gas Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom AC Electric Motor Sales in Oil & Gas Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany AC Electric Motor Sales in Oil & Gas Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France AC Electric Motor Sales in Oil & Gas Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe AC Electric Motor Sales in Oil & Gas Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe AC Electric Motor Sales in Oil & Gas Market, Revenues & Volume, By Type, 2021 - 2031 |
11.4 Europe AC Electric Motor Sales in Oil & Gas Market, Revenues & Volume, By Voltage, 2021 - 2031 |
11.5 Europe AC Electric Motor Sales in Oil & Gas Market, Revenues & Volume, By Output Power (HP), 2021 - 2031 |
11.6 Europe AC Electric Motor Sales in Oil & Gas Market, Revenues & Volume, By Output Power (kW), 2021 - 2031 |
12 Middle East AC Electric Motor Sales in Oil & Gas Market, Overview & Analysis |
12.1 Middle East AC Electric Motor Sales in Oil & Gas Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East AC Electric Motor Sales in Oil & Gas Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia AC Electric Motor Sales in Oil & Gas Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE AC Electric Motor Sales in Oil & Gas Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey AC Electric Motor Sales in Oil & Gas Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East AC Electric Motor Sales in Oil & Gas Market, Revenues & Volume, By Type, 2021 - 2031 |
12.4 Middle East AC Electric Motor Sales in Oil & Gas Market, Revenues & Volume, By Voltage, 2021 - 2031 |
12.5 Middle East AC Electric Motor Sales in Oil & Gas Market, Revenues & Volume, By Output Power (HP), 2021 - 2031 |
12.6 Middle East AC Electric Motor Sales in Oil & Gas Market, Revenues & Volume, By Output Power (kW), 2021 - 2031 |
13 Global AC Electric Motor Sales in Oil & Gas Market Key Performance Indicators |
14 Global AC Electric Motor Sales in Oil & Gas Market - Export/Import By Countries Assessment |
15 Global AC Electric Motor Sales in Oil & Gas Market - Opportunity Assessment |
15.1 Global AC Electric Motor Sales in Oil & Gas Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global AC Electric Motor Sales in Oil & Gas Market Opportunity Assessment, By Type, 2021 & 2031F |
15.3 Global AC Electric Motor Sales in Oil & Gas Market Opportunity Assessment, By Voltage, 2021 & 2031F |
15.4 Global AC Electric Motor Sales in Oil & Gas Market Opportunity Assessment, By Output Power (HP), 2021 & 2031F |
15.5 Global AC Electric Motor Sales in Oil & Gas Market Opportunity Assessment, By Output Power (kW), 2021 & 2031F |
16 Global AC Electric Motor Sales in Oil & Gas Market - Competitive Landscape |
16.1 Global AC Electric Motor Sales in Oil & Gas Market Revenue Share, By Companies, 2024 |
16.2 Global AC Electric Motor Sales in Oil & Gas Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |