Synchronous Motors Market Size, Share, Growth, and Industry Analysis, By Types (Single-Phase Synchronous Motor, Three-Phase Synchronous Motor), By Applications Covered (Power Industry, Chemical Industry, Logistics Industry, Engineering and Manufacturing Industry, Other), Regional Insights and Forecast to 2033

Synchronous Motors Market Size

The Synchronous Motors Market was valued at USD 19,061.91 million in 2024 and is projected to reach USD 19,637.58 million in 2025, expanding to USD 24,914.97 million by 2033, with a compound annual growth rate (CAGR) of 3.02% during the forecast period from 2025 to 2033.

The U.S. synchronous motors market holds approximately 28% of the global share, driven by high demand for energy-efficient solutions in industries like manufacturing, power generation, and automation, with a growing focus on sustainability.

The synchronous motors market is experiencing significant growth, with the global market valued at approximately 21.5% in 2022. Projections indicate a rise to 31.5% by 2030, driven by increased demand for energy-efficient motors across sectors like manufacturing, transportation, and utilities. These motors are preferred for their ability to maintain constant speed, improve power factor, and enhance operational efficiency. The adoption of synchronous motors is growing due to their precision and reliability, contributing to their rising demand in industrial applications.

Synchronous Motors Market Trends

The synchronous motors market is witnessing key trends that include the integration of artificial intelligence (AI) for enhanced performance, a growing shift toward energy-efficient solutions, and expanding applications in renewable energy. There is a strong preference for permanent magnet synchronous motors (PMSMs) due to their compact design and high efficiency, with adoption growing by 22%. The renewable energy sector is seeing a significant increase in the use of synchronous motors for wind and hydroelectric power generation, contributing to a 17% rise in demand. Furthermore, industrial automation is fueling the market’s expansion, with demand for precise and responsive motors increasing by 18% across various industries.

Synchronous Motors Market Dynamics

The dynamics of the synchronous motors market are influenced by technological innovations, regulatory policies, and evolving industry demands. Technological advancements have improved efficiency by 20%, reduced motor sizes, and enhanced overall performance. Stricter energy efficiency regulations are pushing industries toward adopting energy-saving motors, with 25% of the market shift toward synchronous motors as a result. The rising integration of automation in manufacturing is increasing demand for motors with precise speed control, contributing to an 18% increase in market growth. Despite challenges such as higher upfront costs and maintenance requirements, the market continues to expand due to advancements in motor technologies and energy-efficient solutions.

Drivers of Market Growth

"Increased demand for energy-efficient solutions"

The growing focus on energy efficiency is a major driver in the synchronous motors market. Industries are increasingly adopting synchronous motors due to their ability to maintain a constant speed while providing significant energy savings. The demand for energy-efficient solutions is expected to rise by 25% over the next few years, driven by global regulatory pressures to reduce energy consumption and carbon footprints. Additionally, synchronous motors are essential in applications requiring precise speed control, such as in renewable energy generation, which further accelerates their adoption. As industries prioritize sustainability, the shift toward synchronous motors continues to intensify, contributing significantly to market growth.

Market Restraints

" High initial costs and maintenance requirements"

Despite their energy efficiency, synchronous motors face market restraints due to their higher initial purchase costs and specialized maintenance needs. The upfront cost of installing synchronous motors can be 15% to 20% higher than alternative motor types, which deters some companies, especially smaller enterprises, from adopting this technology. Additionally, the need for specialized maintenance, including regular monitoring and potential rotor repairs, can lead to increased operational costs. These factors can make the long-term investment in synchronous motors challenging for companies with limited budgets, hindering broader market adoption, particularly in cost-sensitive industries.

Market Opportunities

 "Growth in automation and robotics"

The growing trend of automation and robotics across industries presents a significant opportunity for the synchronous motors market. These motors are widely used in applications that require precise speed control, such as automated manufacturing systems and robotics, where demand is expected to grow by 18%. As industries seek to improve operational efficiency, the need for highly reliable and accurate motor performance is increasing, driving demand for synchronous motors. Moreover, industries that are heavily investing in robotics and automated production lines, including automotive and electronics, are contributing to the expansion of the market, offering new avenues for growth in the coming years.

Market Challenges

"Competition from alternative motor technologies"

One of the key challenges in the synchronous motors market is the competition from alternative motor technologies, such as induction motors and permanent magnet motors, which offer lower costs and simpler maintenance. Induction motors, which make up around 40% of the motor market, are often preferred due to their lower initial investment and reduced maintenance requirements. Although synchronous motors offer energy efficiency and precision, their higher upfront costs and specialized maintenance can limit their adoption compared to other motor technologies, which can be a significant hurdle for market expansion.

Segmentation Analysis

The synchronous motors market can be segmented based on type and application. By type, the market is divided into single-phase synchronous motors and three-phase synchronous motors. These types are differentiated by their phase structure and application suitability. Single-phase synchronous motors are commonly used in smaller, less demanding applications, whereas three-phase synchronous motors are ideal for larger, high-power applications due to their enhanced efficiency and performance. By application, the market spans various industries, including the power, chemical, logistics, and engineering and manufacturing industries, with each sector utilizing synchronous motors for different operational needs, such as power generation, automation, and process control.

By Type

• Single-Phase Synchronous Motor: Single-phase synchronous motors are primarily used in low-power applications that require precise speed control. These motors represent around 30% of the market share, particularly in smaller equipment and household appliances. The simplicity and reliability of single-phase synchronous motors make them ideal for applications where space and power requirements are limited. Demand for these motors has grown by 12% in recent years, driven by their use in residential and light commercial applications, where consistent speed is essential for proper operation. Although they have a smaller market share compared to three-phase motors, their cost-effectiveness makes them an attractive choice for specific uses.

• Three-Phase Synchronous Motor: Three-phase synchronous motors dominate the market, accounting for about 70% of the market share. These motors are used in high-power applications across industries such as power generation, manufacturing, and large-scale machinery. Three-phase motors provide higher efficiency, better torque characteristics, and are well-suited for continuous and high-load operations. They have seen a rise in adoption, particularly in automation, industrial machinery, and renewable energy sectors, where reliability and precise speed control are paramount. The demand for three-phase synchronous motors is expected to increase by 18% in key sectors, as industries continue to prioritize energy-efficient and reliable motor solutions.

By Application

• Power Industry: The power industry represents the largest application segment for synchronous motors, accounting for about 40% of the market share. Synchronous motors play a crucial role in power generation and grid stabilization, where their ability to generate or absorb reactive power helps in maintaining voltage stability and improving the power factor. As the demand for electricity increases globally, synchronous motors are increasingly used in power plants and renewable energy systems, such as wind and hydroelectric power generation, due to their energy efficiency and stability. This sector continues to see a significant increase in the adoption of synchronous motors as part of the global shift toward renewable energy and more efficient power systems.

• Chemical Industry: The chemical industry accounts for roughly 15% of the market share. Synchronous motors are used in chemical plants for various applications, including pumps, compressors, and agitators. The growing demand for precision and reliability in chemical processing has led to increased use of these motors. The chemical industry is focusing on energy-efficient solutions to reduce operational costs, making synchronous motors an attractive option due to their high efficiency and stability. With the chemical industry’s constant expansion, particularly in emerging markets, the demand for synchronous motors is expected to continue to rise steadily.

• Logistics Industry: The logistics industry, including warehousing and transportation, holds around 12% of the market share. Synchronous motors are increasingly used in automated systems, such as conveyor belts and material handling equipment, due to their precision and energy efficiency. As automation continues to grow in logistics, the demand for high-performance synchronous motors is rising, particularly in industries that require accurate and constant speed control, such as distribution centers and manufacturing plants. This sector's growing focus on operational efficiency and sustainability is driving the use of synchronous motors in logistics applications.

• Engineering and Manufacturing Industry: The engineering and manufacturing industry accounts for approximately 18% of the synchronous motors market. Synchronous motors are essential in various applications, including robotics, assembly lines, and machining. These industries rely on the precision and efficiency of synchronous motors to maintain constant speeds in complex manufacturing processes. The rise in automation and the demand for more precise operations have boosted the demand for synchronous motors. As industries continue to modernize their production lines, synchronous motors are expected to see continued adoption in heavy-duty applications that require stable and accurate motor performance.

• Other: Other applications, such as HVAC systems, water treatment plants, and mining, make up around 15% of the market. These sectors rely on the efficiency and reliability of synchronous motors for large pumps, compressors, and other critical equipment. As industries in these sectors modernize and focus on reducing energy consumption, synchronous motors are becoming more widely adopted for their ability to provide consistent performance while improving power factor and reducing energy costs.

Synchronous Motors Regional Outlook

The regional outlook for the synchronous motors market is driven by industrial growth, energy efficiency initiatives, and technological advancements across different sectors. North America, Europe, Asia-Pacific, and the Middle East & Africa are the key regions experiencing significant growth. North America remains a dominant market due to its established industrial infrastructure and focus on energy-efficient solutions. Europe follows closely, with a strong emphasis on sustainability and regulatory support for energy-efficient motors. The Asia-Pacific region is emerging as a fast-growing market, driven by industrialization and urbanization, while the Middle East & Africa are experiencing gradual growth, particularly in energy-intensive industries.

North America

North America holds a significant portion of the synchronous motors market, accounting for around 30% of global demand. The United States leads the market, driven by a strong industrial base, energy efficiency regulations, and the ongoing adoption of automation in manufacturing. Synchronous motors are widely used in power generation, industrial applications, and renewable energy systems. The growing emphasis on reducing carbon footprints and increasing energy efficiency in the U.S. continues to drive the demand for synchronous motors, with a particular focus on renewable energy integration. As industries prioritize sustainability, the North American market for synchronous motors is expected to maintain steady growth.

Europe

Europe accounts for approximately 25% of the synchronous motors market share. The region's adoption of energy-efficient and high-performance motors is fueled by stringent environmental regulations, particularly in industrial and power generation applications. Countries like Germany, the UK, and France are key players, with ongoing investments in automation, renewable energy, and energy-efficient systems. The European market is driven by the need for precise and reliable motor performance in sectors such as manufacturing, power, and chemical industries. With growing regulatory pressure to reduce emissions and improve energy efficiency, synchronous motors continue to see strong demand in the region.

Asia-Pacific

Asia-Pacific is the fastest-growing region for synchronous motors, accounting for around 30% of the market share. Countries such as China, India, and Japan are experiencing rapid industrialization and urbanization, which is driving the demand for motors in manufacturing, power generation, and logistics. The rise of renewable energy projects, particularly in China and India, is also contributing to the increasing demand for synchronous motors. As industries in the region focus on improving energy efficiency and reducing carbon emissions, the adoption of synchronous motors is expected to increase significantly, supported by favorable government policies and investments in infrastructure.

Middle East & Africa

The Middle East & Africa accounts for approximately 15% of the global synchronous motors market. This region is seeing growth due to increasing investments in energy-intensive industries such as oil and gas, manufacturing, and power generation. Countries like Saudi Arabia, the UAE, and South Africa are driving the demand for high-performance motors in various sectors. As the region focuses on energy efficiency and sustainability, the adoption of synchronous motors is on the rise, particularly in power plants and industrial facilities. The gradual expansion of industrial automation and infrastructure development is expected to further drive market growth in the coming years.

List of Key Synchronous Motors Market Companies Profiled

• Huali Group
• Nidec
• Ydmotor
• NORD
• Emerson
• Bosch Rexroth
• TECO
• XEMC
• Siemens
• ABB
• YASKAWA
• VEM
• Wolong
• Brook Crompton
• SEW-Eurodrive
• WEG
• Jiangte
• Cummins
• Sterling Electric
• Toshiba
• Hitachi
• Regal-Beloit
• Tatung
• GE
• Landert
• Volkswagen

Top 2 Companies with Highest Market Share

1. Siemens: Holding approximately 15% of the market share, Siemens is a leading player in the synchronous motors market, known for its high-performance motors used in industrial, power generation, and automation applications.
2. ABB: With a market share of around 13%, ABB is a major contributor to the market, offering advanced synchronous motors that are widely used in manufacturing, renewable energy, and various industrial applications.

Investment Analysis and Opportunities

The synchronous motors market is seeing strong investment growth, particularly as industries across the globe focus on energy-efficient solutions and automation. The increasing demand for energy-efficient motors is driving investments into R&D and innovation, as companies look to meet stringent energy standards and sustainability goals. Investment in the industrial automation sector, which includes the adoption of synchronous motors for robotics and high-precision operations, has also seen a notable rise. The increasing integration of renewable energy sources such as wind and hydroelectric power generation is further driving the need for synchronous motors due to their reliability in varying speeds. In 2023, the industrial automation market alone attracted over USD 20 billion in investment, a portion of which is expected to flow into synchronous motor technologies. Governments and private enterprises are also focusing on upgrading existing power grids and industrial facilities with more efficient motors, creating a continuous demand for high-performance synchronous motors. Additionally, emerging markets in Asia-Pacific and the Middle East are expanding their infrastructure, offering growth opportunities for synchronous motor manufacturers to establish a strong presence in these regions.

New Products Development

Synchronous motor manufacturers are continuously innovating to meet the rising demand for energy-efficient and high-performance motors. Recently, companies have introduced new lines of motors designed to reduce energy consumption while maintaining high torque output. Siemens, for example, has launched an advanced synchronous motor system with a 15% reduction in energy usage, making it ideal for industrial applications that require constant speed and precision. Similarly, ABB introduced a new generation of high-efficiency synchronous motors that are 12% smaller than their predecessors, offering the same power output with reduced footprint, making them ideal for space-constrained applications. These new developments focus on increasing motor reliability, reducing energy consumption, and enhancing performance across a variety of industrial sectors. Additionally, manufacturers are working to incorporate digital technologies such as IoT capabilities into synchronous motors, enabling real-time performance monitoring and predictive maintenance. These innovations are expected to further drive the adoption of synchronous motors in the manufacturing, power generation, and renewable energy industries, positioning companies for future growth in an increasingly automated world.

Recent Developments by Manufacturers in Synchronous Motors Market

• Siemens launched a new series of compact synchronous motors in 2025 that reduce energy consumption by 20%, targeting industrial automation and renewable energy applications.

• ABB unveiled an advanced synchronous motor in late 2024 that integrates IoT technology for real-time monitoring and predictive maintenance, improving operational efficiency by 15%.

• YASKAWA introduced a high-efficiency synchronous motor in 2025, designed for use in industrial robots, improving speed control by 18% while reducing energy consumption.

• Nidec expanded its product portfolio with a new synchronous motor for the renewable energy sector in 2024, optimized for use in wind turbines, increasing output efficiency by 12%.

• Toshiba launched a new generation of synchronous motors in early 2025 for large-scale industrial applications, featuring a 10% reduction in size while maintaining the same power output.

Report Coverage of Synchronous Motors Market

The report offers a comprehensive analysis of the synchronous motors market, providing insights into key trends, drivers, and market dynamics. It delves into market segmentation by type, including single-phase and three-phase synchronous motors, and highlights their applications across various industries such as power, chemical, logistics, and manufacturing. The report also covers regional market dynamics, including North America, Europe, Asia-Pacific, and the Middle East & Africa, offering detailed analysis of market trends and opportunities in each region. Key players such as Siemens, ABB, and Nidec are profiled, with insights into their market strategies, product offerings, and recent innovations. The report emphasizes the increasing demand for energy-efficient synchronous motors, driven by automation, industrial growth, and the expansion of renewable energy applications. Furthermore, it provides a thorough analysis of challenges, including high upfront costs and competition from alternative technologies. The coverage also includes growth opportunities, driven by technological advancements, regulatory changes, and the increasing adoption of automation and renewable energy solutions across various sectors.