Spain Electric Motor Market (2025-2031) | Forecast, Value, Trends, Industry, Outlook, Size, Revenue, Growth, Analysis, Share & Companies

Spain Electric Motor Market Growth Rate

According to 6Wresearch internal database and industry insights, the Spain Electric Motor Market is projected to grow at a compound annual growth rate (CAGR) of 6.4% during the forecast period 2025-2031.

Topics Covered in the Spain Electric Motor Market Report

The Spain Electric Motor Market report thoroughly covers the market by motor types, voltage range, applications, and speed categories. The market 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 the current and future market dynamics.

Spain Electric Motor Market Synopsis

Spain Electric Motor Market is experiencing limited growth as sectors such as automotive, industrial machinery, and household appliances continue to demand advanced motor technologies, this market is evolving gradually. The shift towards electric vehicles (EVs) and renewable energy sources is growing further accelerates this progression, establishing Spain as a strategic player in the European electric motor landscape. 

Evaluation of Growth Drivers in the Spain Electric Motor Market

Below mentioned some major drivers and their influence on the market:

Spain Electric Motor Market is expected to grow at a CAGR of 6.4% during the forecast period 2025-2031. This market is expanding in the Spain due to several growth factors such as rapid electrification of the automotive industry, where the growing adoption of electric vehicles significantly boosts demand for high-performance and energy-efficient motors. Gradually, industrial automation and robotics field are expanding which are also fuelling the use of AC and DC motors in manufacturing processes and enhancing productivity and operational efficiency.

Evaluation of Restraints in the Spain Electric Motor Market

Below mentioned some major restraints and their influence on the market:

Spain Electric Motor Market Challenges

Spain Electric Motor Market has many obstacles which need to be addressed for sustained growth in the future such as the high capital expenditure required for developing advanced motor technologies, dependency on imported components (particularly rare-earth magnets), and competition from established multinational brands. Further, while electric motors offer long-term cost savings, their adoption in small industries is limited due to high upfront investments. Another challenge is the need for skilled labour and technological expertise to integrate smart, IoT-enabled motors across industrial sector.

Spain Electric Motor Market Trends

Several prominent trends reshaping the Spain Electric Motor Market Growth include:

• Shift Toward Smart Motors: This market is increasingly integrated with IoT-enabled motors for predictive maintenance and energy monitoring.
• Lightweight Motor Designs: Gradually, compact, lightweight motors for aerospace and EV applications are developing.
• Sustainability & Energy Efficiency: The focus is emphasizing on eco-friendly motors to comply with EU Green Deal and carbon neutrality goals.
• Customization for Niche Industries: The demand for tailor-made motors for defence, medical devices, and renewable projects is increasing.
• Growth of EV Supply Chain: Spain’s EV ecosystem is expanding that is driving investments in high-performance motors.

Investment Opportunities in the Spain Electric Motor Industry

There are lucrative opportunities in the Spain Electric Motor Industry:

• EV Motor Manufacturing: Growing electric vehicle market creates opportunities for localized motor production.
• Smart Motor Solutions: IoT-integrated electric motors are being developed for industrial machinery and HVAC systems.
• Renewable Energy Motors: There is strong demand noticed for motors in wind turbines and solar power plants.
• Aftermarket Services: Due to expanding demand for motor servicing, retrofitting, and maintenance solutions.
• Export-Oriented Production: Leverage Spain’s EU location to supply energy-efficient motors across European markets.

Top 5 Leading Players in the Spain Electric Motor Market

There are some major players contributing in the market:

1. Siemens AG

This is a global leader in electric motors, offering a diverse portfolio for industrial, automotive, and energy sectors.

2. WEG Industries

This company provides electric motors for industrial, commercial, and renewable applications and known for innovation in high-efficiency designs.

3. ABB Ltd.

This is a pioneer in motor and drive technologies, delivering solutions for automation, robotics, and renewable energy.

4. Nidec Corporation

This is a leading global manufacturer of small precision motors and large industrial motors, actively catering to Spain’s EV and appliance markets.

5. TMEIC

This company specializes in advanced industrial motors and drives, focusing on high-capacity, high-speed applications in Spain’s heavy industries and renewable projects.

Government Regulations Introduced in the Spain Electric Motor Market

According to Spanish Government Data, Spain Electric Motor Market is supported by the governments by aligning with the EU Energy Efficiency Directive, enforces stringent efficiency standards for electric motors under the Ecodesign Regulation (EU 2019/1781). Further, incentives have been introduced for manufacturers developing high-efficiency motors, especially for renewable energy and EV projects. Spain’s “National Integrated Energy and Climate Plan (PNIEC)” emphasizes the transition to electrified transport and sustainable industries, indirectly boosting motor demand.

Future Insights of the Spain Electric Motor Market

The future of Spain Electric Motor Market appears hopeful and predicted to expand steadily in the coming years as the electrification is growing across transport, industrial modernization, and renewable energy growth. Further, the market is expected to benefit from role of Spain as a European hub for electric vehicle manufacturing and EU-backed sustainability programs. There is continuous innovation in lightweight, energy-efficient, and smart motor designs will enhance adoption across multiple sectors.

Market Segmentation Analysis

AC Motor to Dominate the Market - By Motor Type

According to Vasu, Senior Research Analyst,6Wresearch, the Alternate Current (AC) Motor category is set to hold the largest Spain Electric Motor Market Share. This dominance is due to their versatility, durability, and widespread applications across industrial machinery, HVAC, and renewable energy systems. AC motors are also the preferred choice in EVs and large-scale automation projects.

60V & Above to Dominate the Market - By Voltage Range

60V & Above segment dominates the Spain Electric Motor Market, mainly due to its widespread use in heavy-duty industrial machinery, automotive powertrains, and renewable energy projects such as wind turbines. High-voltage motors are also crucial in aerospace and railway systems, sectors that are growing in Spain.

Industrial Machinery to Dominate the Market- By Application

The Industrial Machinery segment leads the market, reflecting Spain’s strong industrial base and rising adoption of automation technologies. Demand is particularly high in manufacturing, petrochemicals, and renewable industries where reliability and energy efficiency are critical.

Medium-Speed Motors to Dominate the Market- By Speed (RPM)

Medium-Speed Electric Motors category holds the largest market share, driven by their adaptability across industrial automation, automotive, and aerospace applications. These motors balance performance and cost efficiency, making them highly attractive in Spain’s industrial and automotive landscape.

Key Attractiveness of the Report

• 10 Years of Market Numbers.
• Historical Data Starting from 2021 to 2024.
• Base Year: 2024.
• Forecast Data until 2031.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report:

• Spain Electric Motor Market Outlook
• Market Size of Spain Electric Motor Market, 2024
• Forecast of Spain Electric Motor Market, 2031
• Historical Data and Forecast of Spain Electric Motor Revenues & Volume for the Period 2021-2031
• Spain Electric Motor Market Trend Evolution
• Spain Electric Motor Market Drivers and Challenges
• Spain Electric Motor Price Trends
• Spain Electric Motor Porter's Five Forces
• Spain Electric Motor Market Industry Life Cycle
• Historical Data and Forecast of Spain Electric Motor Market Revenues & Volume By Motor Type for the Period 2021-2031
• Historical Data and Forecast of Spain Electric Motor Market Revenues & Volume By Alternate Current (AC) Motor for the Period 2021-2031
• Historical Data and Forecast of Spain Electric Motor Market Revenues & Volume By Direct Current (DC) Motor for the Period 2021-2031
• Historical Data and Forecast of Spain Electric Motor Market Revenues & Volume By Hermetic Motor for the Period 2021-2031
• Historical Data and Forecast of Spain Electric Motor Market Revenues & Volume By Voltage Range for the Period 2021-2031
• Historical Data and Forecast of Spain Electric Motor Market Revenues & Volume By 9 V & Below for the Period 2021-2031
• Historical Data and Forecast of Spain Electric Motor Market Revenues & Volume By 10-20 V for the Period 2021-2031
• Historical Data and Forecast of Spain Electric Motor Market Revenues & Volume By 21-60 V for the Period 2021-2031
• Historical Data and Forecast of Spain Electric Motor Market Revenues & Volume By 60 V & Above for the Period 2021-2031
• Historical Data and Forecast of Spain Electric Motor Market Revenues & Volume By Application for the Period 2021-2031
• Historical Data and Forecast of Spain Electric Motor Market Revenues & Volume By Industrial Machinery for the Period 2021-2031
• Historical Data and Forecast of Spain Electric Motor Market Revenues & Volume By Motor Vehicles for the Period 2021-2031
• Historical Data and Forecast of Spain Electric Motor Market Revenues & Volume By Heating for the Period 2021-2031
• Historical Data and Forecast of Spain Electric Motor Market Revenues & Volume By Ventilating & Cooling Equipment for the Period 2021-2031
• Historical Data and Forecast of Spain Electric Motor Market Revenues & Volume By Aerospace and Transportation for the Period 2021-2031
• Historical Data and Forecast of Spain Electric Motor Market Revenues & Volume By Household Appliances for the Period 2021-2031
• Historical Data and Forecast of Spain Electric Motor Market Revenues & Volume By Others for the Period 2021-2031
• Historical Data and Forecast of Spain Electric Motor Market Revenues & Volume By Speed for the Period 2021-2031
• Historical Data and Forecast of Spain Electric Motor Market Revenues & Volume By (Low-Speed Electric Motors (Less Than 1,000 RPM) for the Period 2021-2031
• Historical Data and Forecast of Spain Electric Motor Market Revenues & Volume By Medium-Speed Electric Motors (1,001-25,000 RPM) for the Period 2021-2031
• Historical Data and Forecast of Spain Electric Motor Market Revenues & Volume By High-Speed Electric Motors (25,001-75,000 RPM) for the Period 2021-2031
• Historical Data and Forecast of Spain Electric Motor Market Revenues & Volume By Ultrahigh-Speed Electric Motors (Greater Than 75,001 RPM) for the Period 2021-2031
• Spain Electric Motor Market Import Export Trade Statistics
• Market Opportunity Assessment By Motor Type
• Market Opportunity Assessment By Voltage Range
• Market Opportunity Assessment By Application
• Market Opportunity Assessment By Speed
• Spain Electric Motor Top Companies Market Share
• Spain Electric Motor Competitive Benchmarking By Technical and Operational Parameters
• Spain Electric Motor Market Company Profiles
• Spain Electric Motor Market Key Strategic Recommendations

Market Covered

The report offers a comprehensive study of the subsequent market segments:

By Motor Type

• Alternate Current (AC) Motor
• Direct Current (DC) Motor
• Hermetic Motor

By Voltage Range

• 9 V & Below
• 10-20 V
• 21-60 V
• 60 V & Above

By Application

• Industrial Machinery
• Motor Vehicles
• Heating
• Ventilating, And Cooling (HVAC) Equipment
• Aerospace & Transportation
• Household Appliances
• Other

By Speed (RPM)

• Low-Speed Electric Motors (Less Than 1,000 RPM)
• Medium-Speed Electric Motors (1,001-25,000 RPM)
• High-Speed Electric Motors (25,001-75,000 RPM)
• Ultrahigh-Speed Electric Motors (Greater Than 75,001 RPM)