Code: MTA3898 | Publication Date: Jun 2025 |
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.
Company | ABB Group |
Headquarters | Zürich, Switzerland |
Established Year | 1988 |
Website | Click here |
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.
Company | Siemens AG |
Headquarters | Munich, Germany |
Established Year | 1847 |
Website | Click here |
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.
Company | WEG Industries |
Headquarters | Jaraguá do Sul, Brazil |
Established Year | 1961 |
Website | Click here |
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.
Company | Nidec Corporation |
Headquarters | Kyoto, Japan |
Established Year | 1973 |
Website | Click here |
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.
Company | Toshiba Corporation |
Headquarters | Tokyo, Japan |
Established Year | 1875 |
Website | Click here |
Toshiba offers high-performance electric motors and generators for heavy industry, infrastructure, and power generation. Its motors are known for durability in demanding environments.
Company | Regal Rexnord Corporation |
Headquarters | Beloit, Wisconsin, USA |
Established Year | 1955 |
Website | Click here |
Regal Rexnord is a major manufacturer of electric motors, power transmission components, and control systems, catering to HVAC, agriculture, commercial, and industrial markets globally.
Company | Baldor Electric Company (A Member of ABB Group) |
Headquarters | Fort Smith, Arkansas, USA |
Established Year | 1920 |
Website | Click here |
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.
Company | Rockwell Automation |
Headquarters | Milwaukee, Wisconsin, USA |
Established Year | 1903 |
Website | Click here |
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.
Company | Mitsubishi Electric Corporation |
Headquarters | Tokyo, Japan |
Established Year | 1921 |
Website | Click here |
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.
Company | TECO Electric & Machinery Co., Ltd. |
Headquarters | Taipei, Taiwan |
Established Year | 1956 |
Website | Click 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.