How big is the AC motor market | Global Revenue, CAGR & Forecast to 2032

Q: What is driving the growth of the AC motor market?

Growth is driven by industrial automation, rising electric vehicle adoption, and increasing demand for energy-efficient HVAC and appliance systems.

Q: What is the current size and growth forecast of the AC motor market?

The AC motor market was valued at around USD 20.6 billion in 2020 and is projected to reach approximately USD 31.2 billion by 2027, growing at a CAGR of 6.1%.

Q: How does energy efficiency influence the AC motor market?

Energy-efficient AC motors are in high demand due to strict regulations and cost-saving benefits for industrial and residential users.

Q: Which industries are major users of AC motors?

Major industries include automotive, HVAC, manufacturing, construction, and consumer electronics.

Q: Which regions are leading in AC motor market growth?

Asia-Pacific is leading the market growth due to rapid industrialization, infrastructure development, and strong demand for automation.

Q: How does 6W market outlook report help businesses in making decisions?

6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.

Q: Do you also provide customisation in the market study?

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Code: MTA4357

Publication Date: Jun 2025

What is the AC motor Market Size?

According to 6Wresearch internal database and industry insights, the Global AC Motor Market was valued at USD 20.1 billion in 2024 and is anticipated to exceed USD 35.7 billion by 2031, registering a steady at a CAGR of 61.5% during the forecast period.

The AC motor market is experiencing steady growth due to expanding industrial automation, increased demand from HVAC systems, and rising adoption in electric vehicles and home appliances. With a strong push toward energy-efficient technologies and increasing urban infrastructure, the demand for AC motors is accelerating across multiple sectors.

Major Growth Factors of the AC motor Industry

Government regulations on energy efficiency
Expansion of HVAC systems
Growing demand in electric vehicles
Surge in construction and infrastructure projects
Rising industrial automation
Technological advancements in motor efficiency

AC motor Market Trends

The market is witnessing a shift toward seeing a trend toward energy efficiency, minimizing installed space for motor systems, and the increasing preference for integrated motor-drive systems. More demand is being created in the renewable market, as smart motors with IoT integration is a growing trend across end-use industries.

Emerging Developments in the AC motor Industry

New developments include smart sensors with predictive maintenance, sustainable materials used for manufacturing, and advancements in variable frequency drives to improve the efficiency of motors. Companies are also focusing on automation-ready motor systems for industrial applications.