Top 10 electric motor manufacturers in the world | Leaders & Innovators 2025

Code: MTA3898 Publication Date: Jun 2025

Top 10 electric motor manufacturers in the world

The electric motor market is expected to grow from USD 166.4 billion in 2024 to USD 245.8 billion by 2031, at a compound annual growth rate (CAGR) of 8.2% during the forecast period. The main drivers behind the demand for electric motors include increasing levels of industrial automation, electrification of automotive systems, and advancements in smart motor technology.

The decarbonization of a variety of key industries has spurred the increased deployment of energy efficient motors, which is a primary driver of the overall growth of the electric motor market. As industries align their operations with net-zero emissions commitments and their governments commit to net-zero emission standards, more decarbonised and energy efficient motor technology will be deployed. Additionally, innovations in motor control systems and IoT-enabled predictive maintenance are transforming the operational standards of motors across various industries.

1. ABB Group

CompanyABB Group
HeadquartersZürich, Switzerland
Established Year1988
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ABB is a global leader in electric motors, automation technologies, and robotics. It offers high-efficiency motors for industrial, marine, and energy applications with a focus on digital integration and sustainability.

2. Siemens AG

CompanySiemens AG
HeadquartersMunich, Germany
Established Year1847
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Siemens produces a wide range of electric motors, including low-voltage, medium-voltage, and servo motors. Its motors are widely used in manufacturing, utilities, transportation, and smart infrastructure projects.

3. WEG Industries

CompanyWEG Industries
HeadquartersJaraguá do Sul, Brazil
Established Year1961
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WEG is a global supplier of electric motors, drives, and automation equipment. It is known for energy-efficient motor solutions and a strong presence in Latin America, North America, Europe, and Asia.

4. Nidec Corporation

CompanyNidec Corporation
HeadquartersKyoto, Japan
Established Year1973
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Nidec specializes in small precision motors, automotive motors, and industrial applications. It plays a major role in the electric vehicle, robotics, and consumer appliance segments.

 

5. Toshiba Corporation

CompanyToshiba Corporation
HeadquartersTokyo, Japan
Established Year1875
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Toshiba offers high-performance electric motors and generators for heavy industry, infrastructure, and power generation. Its motors are known for durability in demanding environments.

6. Regal Rexnord Corporation

CompanyRegal Rexnord Corporation
HeadquartersBeloit, Wisconsin, USA
Established Year1955
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Regal Rexnord is a major manufacturer of electric motors, power transmission components, and control systems, catering to HVAC, agriculture, commercial, and industrial markets globally.

7. Baldor Electric Company (A Member of ABB Group)

CompanyBaldor Electric Company (A Member of ABB Group)
HeadquartersFort Smith, Arkansas, USA
Established Year1920
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Baldor is a prominent brand under ABB offering industrial electric motors and mechanical power transmission products in North America, with a reputation for reliability and high performance.

 

8. Rockwell Automation

CompanyRockwell Automation
Headquarters Milwaukee, Wisconsin, USA
Established Year1903
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Rockwell Automation, under its Allen-Bradley brand, delivers smart motor control systems and automation solutions. It plays a key role in integrating electric motors with digital and IoT technologies.

9. Mitsubishi Electric Corporation

CompanyMitsubishi Electric Corporation
HeadquartersTokyo, Japan
Established Year1921
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Mitsubishi Electric manufactures industrial motors, servo systems, and electric drive products used in manufacturing, elevators, automotive, and robotics. It is known for high-precision and energy-efficient solutions.

10. TECO Electric & Machinery Co., Ltd.

CompanyTECO Electric & Machinery Co., Ltd.
HeadquartersTaipei, Taiwan
Established Year1956
WebsiteClick here 

TECO provides a broad spectrum of electric motors for commercial, residential, and industrial applications. It is recognized for producing large-scale motors for heavy-duty applications such as mining and oil & gas.

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