Switched reluctance Motors Market Snapshot (2023 to 2033)

The global switched reluctance motors Market market is anticipated at US$ 530.7 million in 2022. Demand is likely to remain high for switched reluctance motors during the assessment period. This is due to the increased application in various end-use industries garnering US$ 1039.1 million in 2033, recording a CAGR of 6.3% from 2023 to 2033. The market is likely to secure US$ 564.1 million in 2023.

Data Points Key Statistics
Switched Reluctance Motors Market Market Size Value in 2023 US$ 564.1 million
Switched Reluctance Motors Market Rental Market Forecast Value in 2033 US$ 1039.1 million
Global Growth Rate 6.3%
Forecast Period 2023 to 2033

Key Factors Shaping the Demand Outlook of the Switched Reluctance Motors Market Industry:

  • Increasing the application in hybrid and electric vehicles to augment the growth of the market
  • Increasing focus on energy efficiency and stringent environmental regulation elevates the demand
  • Increasing adoption in the automotive sector is expected to spur the market growth
  • Increasing advancement in motor technology to boost the market growth
  • Growing advances in technology are expected to create new growth prospects for switched reluctance motors market manufacturers.

Don't pay for what you don't need

Customize your report by selecting specific countries or regions and save 30%!

Switched reluctance Motors Market Market Revenue Analysis from 2018 to 2022 Vs Market Outlook for 2023 to 2033

Attributes Details
Historical CAGR (2018 to 2022) 4.8%
Forecasted CAGR (2023 to 2033) 6.3%

Rising applications of switched reluctance motors in electric vehicles, fuel pumps, electric power steering, vacuum blowers, etc. are pushing the demand for switched reluctance motors worldwide

Switched reluctance motors are electric motors that run by reluctance torque. These motors provide high efficiency, better reliability, and improved performance as compared to other motor types.

In recent years, switched reluctance motors have become ideal motor types used for high-speed applications on account of their simple and robust structure. They are being rapidly adopted as traction motors in electric and hybrid vehicles. They also find application in wind energy systems and coal mining equipment such as conveyors, cutters, and coal plows due to their simple and rugged construction, energy efficiency, and high-speed operation ability.

Switched reluctance motors have the tendency to perform well even in extreme environments, thereby making them suitable for adoption in nuclear reactors and mines. Expansion of these industries will therefore boost the sales of switched reluctance motors during the forecast period.

Leading switched reluctance motors manufacturers are continuously innovating to improve the features of switched reluctance motors. They are receiving large investments from various investors to develop next-generation switched reluctance motors for the electric motor market.

For instance, in June 2021 Enedym Inc. secured a US$ 15 million investment from an international group of strategic investors within Europe, United States, Canada, and India, including TRIO Capital Group Inc., P&A Paletta Giving Inc., KWG Capital Inc., and others to accelerate the company's patented motor development technology and accelerate its business plan.

Which are Some Prominent Drivers Spearheading Switched Reluctance Motors Market Growth?

Rapid Shift Towards Electric and Hybrid Vehicles Spurring the Growth in Switched Reluctance Motors Market

Thanks to their simple design, higher energy efficiency, and robustness, switched reluctance motors have gained huge traction across the automotive industry where they are used in electric and hybrid vehicles.

Factors such as growing concerns regarding high emission levels of vehicles and the implementation of stringent carbon emission levels have prompted both manufacturers and consumers to switch over to electric and hybrid cars.

According to the International Energy Association (IEA), over 10 million electric cars were on the world’s roads in 2020 and this number is further expected to surge in the future. As switched reluctance motors are being extensively used in these electric vehicles, a rise in their sales will eventually spur the growth in switched reluctance motors market.

Growing awareness about the benefits of switched reluctance motors including better reliability, increased performance, high motor drive efficiency, and low cost will continue to encourage their adoption in a wide range of applications.

The rising adoption of switched reluctance motors across various end-use industries such as mining, agriculture, solar energy etc. will further expand the switched reluctance motors market size during the forecast period.

Nikhil Kaitwade
Nikhil Kaitwade

Principal Consultant

Talk to Analyst

Find your sweet spots for generating winning opportunities in this market.

Which Factors May Hamper the Switched Reluctance Motors Market Growth?

The High Cost of Motors May Hamper the Market Growth

There are certain factors that are likely to hamper the growth of switched reluctance motors market, despite multiple applications of switched reluctance motors. Some of these factors include the high cost of switched reluctance motors and the high acoustic noise associated with switched reluctance motors.

Poor penetration of advanced machinery and electric vehicles in underdeveloped regions is limiting the growth of switched reluctance market.

Comparative View of Switched Reluctant Motors Markets

Global Switched Reluctant Motors Market:

Attributes Global Switched Reluctant Motors Market
CAGR (2023 to 2033) 6.3%
Market Value (2033) US$ 1039.1 million
Growth Factors The rapid growth in the automotive industry Is expected to boost market sales in the forecast period.
Opportunities The increasing industrialization to offers opportunities for market expansion in the forecast period.

Global Industrial Motors Market:

Attributes Global Industrial Motors Market
CAGR (2023 to 2033) 3.5%
Market Value (2033) US$ 953.2 million
Growth Factors The gradual adoption and implementation of Industry 4.0 is expected to boost market growth in the forecast period.
Opportunities The increased technological innovation and rising demand from end-use industries offer significant opportunities for market expansion in the forecast period.

Global Traction Motors Market:

Attributes Global Traction Motors Market
CAGR (2023 to 2033) 13.0%
Market Value (2033) US$ 31 billion
Growth Factors The increasing demand from the electronics and automotive industry for high-performance motors is driving the market growth
Opportunities The increasing trend of automation is expected to offer significant opportunities for expansion in the coming time

Get the data you need at a Fraction of the cost

Personalize your report by choosing insights you need
and save 40%!

Country-wise Insights

How is Booming Automotive Industry Propelling the Demand for Switched Reluctance Motors Across Asia Pacific?

The Rapid Growth in Automotive Industry to Drive the Market Growth

As per FMI, the Asia Pacific switched reluctance motors market is anticipated to grow at a healthy pace during the forecast period between 2023 and 2033 owing to the rapid penetration of industrialization, the presence of leading switched reluctance motor manufacturers across countries like China and Japan, and the flourishing automotive industry.

Over the years, rising environmental concerns and depletion of energy resources have created enormous demand for electric and hybrid vehicles in countries such as China, Japan, South Korea, and India. There has been a surge in the production of electric and hybrid vehicles in the region, which is creating a conducive environment for switched reluctance motors market growth.

Demand for switched reluctance motors is particularly rising across China due to increasing production and sales of electric vehicles and the growing adoption of high-speed motors in battery-powered devices and electric machinery. For instance, as per the International Energy Association (IEA), with around 4.5 million electric cars, China remained the leading country for electric vehicles in 2020.

Why is the North America Switched Reluctance Motors Market Exhibiting Robust Growth?

Growing Technological Advances to Boost Market Sales in The Region

North America accounts for the largest share of the global switched reluctance motors market and is likely to retain its dominant position during the forecast, owing to the rising adoption of advanced technologies, the rapid shift towards electric vehicles, and increasing demand for highly efficient and reliable motors across various applications.

Sales of switched reluctance motors are mostly growing across the USA due to the increasing adoption of electric vehicles, the availability of advanced switched reluctance motors, and the heavy presence of electric car manufacturing giants such as Tesla.

The rising application of switched reluctance motors in the electromechanical brake system, fuel pumps, vacuum blowers, and several other types of machinery will expand the switched reluctance motors market size in the region during the forecast period.

Category-wise Insights

Based on the Product Type, Which Segment Accounts for the Highest Revenue in the Switched Reluctance Motors Market?

Double Phase Segment to Remain Highly Sought After

By product type, the double-phase segment is expected to dominate the market in the forecast period. The segment is projected to account for a CAGR of 6.2% during the forecast period.

Based on the Application, Which Segment Accounts for the Highest Revenue in the Switched Reluctance Motors Market?

Hybrid/ Electric Vehicles Segment to generate high Revenue

As per FMI’s analysis, the hybrid/electric vehicles segment accounts for 43.2 % of the total switches reluctance motors market share. The segment is projected to account for a CAGR of 6.1% during the forecast period.

Increasing production of electric vehicles due to increasing demand from consumers across the globe. Switched reluctance motors be used as the main propulsion motor in electric and hybrid vehicles. They provide high torque density and efficiency, making them suitable for converting electrical energy into mechanical power to drive the vehicle. SRMs offer advantages such as improved efficiency at high speeds and a wide operating range, making them well-suited for automotive applications.

Market Competition

Some of the key switched reluctance motors manufacturers include Infineon Technologies AG, Nidec SR Drives Ltd., E. KRETZSCHMAR, Domel, d.o.o., MACCON, Renesas Electronics Corporation, Ramco Electric Motors, and Regal Beloit Corporation among others.

These leading players are continuously developing innovative products to cater to the increasing demand for high-speed motors from different industries such as automobiles, building & construction, etc. They are adopting various strategies such as new product launches, partnerships, acquisitions, collaborations, the establishment of new manufacturing facilities, and the strengthening of distribution channels to expand their presence as well as to gain a competitive edge in the global switched reluctance motors market.

  • For instance, in August 2021 Enedym Inc., a global leader in developing next-generation switched reluctance motors (SRMs) and other products, partnered with the Napino Group., one of India’s leading suppliers of automotive electronic products, to develop and manufacture complete motor solutions for two-wheeler electric vehicles in India.
  • Nidec, a global leader in electric motor technology, has been actively involved in the development of switched reluctance motors. In recent years, the company has focused on improving the efficiency and performance of switched reluctance motors. They have introduced advanced control algorithms and power electronics solutions to optimize motor operation. Nidec has also expanded its product portfolio to offer a wide range of switched reluctance motors for various applications, including automotive, industrial, and appliances.

Report Scope

Report Attributes Details
Growth Rate CAGR of 6.3% from 2023 to 2033
Market Value in 2023 US$ 564.1 million
Market Value in 2033 US$ 1039.1 million
Base Year for Estimation 2022
Historical Data 2018 to 2022
Forecast Period 2023 to 2033
Quantitative Units Revenue in US$ billion and CAGR from 2023 to 2033
Report Coverage Revenue Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends, and Pricing Analysis
Segments Covered
  • Product Type
  • Application
  • Region
Regions Covered
  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • South Asia and Pacific
  • East Asia
  • Middle East & Africa
Key Countries Profiled
  • United States
  • Canada
  • Brazil
  • Mexico
  • Germany
  • United Kingdom
  • France
  • Spain
  • Italy
  • Poland
  • Russia
  • Czech Republic
  • Romania
  • India
  • Bangladesh
  • Australia
  • New Zealand
  • China
  • Japan
  • South Korea
  • GCC Countries
  • South Africa
  • Israel
  • Rest of MEA
Key Companies Profiled
  • Infineon Technologies AG
  • Nidec SR Drives Ltd.
  • E. KRETZSCHMAR
  • Domel, d.o.o.
  • MACCON
  • Renesas Electronics Corporation
  • Ramco Electric Motors
  • Regal Beloit Corporation
  • Turnide
  • Advanced Electric Machines (AEM)

Key Segments Profiled in the Switched Reluctance Motors Market Survey

By Product Type:

  • Single Phase
  • Double Phase
  • Triple Phase
  • Multi-Phase

By Application:

  • Electromechanical brake system
  • Fuel Pump
  • Electric Power Steering
  • Hybrid/ Electric Vehicles
  • Vacuum Blowers
  • Other

By Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • South Asia and Pacific
  • East Asia
  • Middle East & Africa

Frequently Asked Questions

How Big is the Switched Reluctance Motors Market?

The market is valued at US$ 564.1 million in 2023.

Who are the Key Switched Reluctance Motors Market Players?

Turnide, MACCON, and Domel are key market players.

Which is the Key Segment by Product Type?

Double phase segment is widely preferred in the product type category.

Which is the Go-to-Market Strategy?

Players opt for mergers and acquisitions.

Which are the Key Asian Countries in the Switched Reluctance Motors Market?

India, Japan, and China dominate the Asian market.

Table of Content

1. Executive Summary

    1.1. Global Market Outlook

    1.2. Demand-side Trends

    1.3. Supply-side Trends

    1.4. Technology Roadmap Analysis

    1.5. Analysis and Recommendations

2. Market Overview

    2.1. Market Coverage / Taxonomy

    2.2. Market Definition / Scope / Limitations

3. Market Background

    3.1. Market Dynamics

        3.1.1. Drivers

        3.1.2. Restraints

        3.1.3. Opportunity

        3.1.4. Trends

    3.2. Scenario Forecast

        3.2.1. Demand in Optimistic Scenario

        3.2.2. Demand in Likely Scenario

        3.2.3. Demand in Conservative Scenario

    3.3. Opportunity Map Analysis

    3.4. Product Life Cycle Analysis

    3.5. Supply Chain Analysis

        3.5.1. Supply Side Participants and their Roles

            3.5.1.1. Producers

            3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers)

            3.5.1.3. Wholesalers and Distributors

        3.5.2. Value Added and Value Created at Node in the Supply Chain

        3.5.3. List of Raw Material Suppliers

        3.5.4. List of Existing and Potential Buyer’s

    3.6. Investment Feasibility Matrix

    3.7. Value Chain Analysis

        3.7.1. Profit Margin Analysis

        3.7.2. Wholesalers and Distributors

        3.7.3. Retailers

    3.8. PESTLE and Porter’s Analysis

    3.9. Regulatory Landscape

        3.9.1. By Key Regions

        3.9.2. By Key Countries

    3.10. Regional Parent Market Outlook

    3.11. Production and Consumption Statistics

    3.12. Import and Export Statistics

4. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033

    4.1. Historical Market Size Value (US$ Million) & Volume (Units) Analysis, 2018 to 2022

    4.2. Current and Future Market Size Value (US$ Million) & Volume (Units) Projections, 2023 to 2033

        4.2.1. Y-o-Y Growth Trend Analysis

        4.2.2. Absolute $ Opportunity Analysis

5. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Product Type

    5.1. Introduction / Key Findings

    5.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Product Type, 2018 to 2022

    5.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Product Type, 2023 to 2033

        5.3.1. Single Phase

        5.3.2. Double Phase

        5.3.3. Triple Phase

        5.3.4. Multi-Phase

    5.4. Y-o-Y Growth Trend Analysis By Product Type, 2018 to 2022

    5.5. Absolute $ Opportunity Analysis By Product Type, 2023 to 2033

6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Application

    6.1. Introduction / Key Findings

    6.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Application, 2018 to 2022

    6.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Application, 2023 to 2033

        6.3.1. Electromechanical brake system

        6.3.2. Fuel Pump

        6.3.3. Electric Power Steering

        6.3.4. Hybrid/ Electric Vehicles

        6.3.5. Vacuum Blowers

        6.3.6. Others

    6.4. Y-o-Y Growth Trend Analysis By Application, 2018 to 2022

    6.5. Absolute $ Opportunity Analysis By Application, 2023 to 2033

7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region

    7.1. Introduction

    7.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Region, 2018 to 2022

    7.3. Current Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Region, 2023 to 2033

        7.3.1. North America

        7.3.2. Latin America

        7.3.3. Western Europe

        7.3.4. Eastern Europe

        7.3.5. South Asia and Pacific

        7.3.6. East Asia

        7.3.7. Middle East and Africa

    7.4. Market Attractiveness Analysis By Region

8. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country

    8.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022

    8.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033

        8.2.1. By Country

            8.2.1.1. USA

            8.2.1.2. Canada

        8.2.2. By Product Type

        8.2.3. By Application

    8.3. Market Attractiveness Analysis

        8.3.1. By Country

        8.3.2. By Product Type

        8.3.3. By Application

    8.4. Key Takeaways

9. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country

    9.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022

    9.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033

        9.2.1. By Country

            9.2.1.1. Brazil

            9.2.1.2. Mexico

            9.2.1.3. Rest of Latin America

        9.2.2. By Product Type

        9.2.3. By Application

    9.3. Market Attractiveness Analysis

        9.3.1. By Country

        9.3.2. By Product Type

        9.3.3. By Application

    9.4. Key Takeaways

10. Western Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country

    10.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022

    10.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033

        10.2.1. By Country

            10.2.1.1. Germany

            10.2.1.2. UK

            10.2.1.3. France

            10.2.1.4. Spain

            10.2.1.5. Italy

            10.2.1.6. Rest of Western Europe

        10.2.2. By Product Type

        10.2.3. By Application

    10.3. Market Attractiveness Analysis

        10.3.1. By Country

        10.3.2. By Product Type

        10.3.3. By Application

    10.4. Key Takeaways

11. Eastern Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country

    11.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022

    11.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033

        11.2.1. By Country

            11.2.1.1. Poland

            11.2.1.2. Russia

            11.2.1.3. Czech Republic

            11.2.1.4. Romania

            11.2.1.5. Rest of Eastern Europe

        11.2.2. By Product Type

        11.2.3. By Application

    11.3. Market Attractiveness Analysis

        11.3.1. By Country

        11.3.2. By Product Type

        11.3.3. By Application

    11.4. Key Takeaways

12. South Asia and Pacific Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country

    12.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022

    12.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033

        12.2.1. By Country

            12.2.1.1. India

            12.2.1.2. Bangladesh

            12.2.1.3. Australia

            12.2.1.4. New Zealand

            12.2.1.5. Rest of South Asia and Pacific

        12.2.2. By Product Type

        12.2.3. By Application

    12.3. Market Attractiveness Analysis

        12.3.1. By Country

        12.3.2. By Product Type

        12.3.3. By Application

    12.4. Key Takeaways

13. East Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country

    13.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022

    13.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033

        13.2.1. By Country

            13.2.1.1. China

            13.2.1.2. Japan

            13.2.1.3. South Korea

        13.2.2. By Product Type

        13.2.3. By Application

    13.3. Market Attractiveness Analysis

        13.3.1. By Country

        13.3.2. By Product Type

        13.3.3. By Application

    13.4. Key Takeaways

14. Middle East and Africa Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country

    14.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022

    14.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033

        14.2.1. By Country

            14.2.1.1. GCC Countries

            14.2.1.2. South Africa

            14.2.1.3. Israel

            14.2.1.4. Rest of MEA

        14.2.2. By Product Type

        14.2.3. By Application

    14.3. Market Attractiveness Analysis

        14.3.1. By Country

        14.3.2. By Product Type

        14.3.3. By Application

    14.4. Key Takeaways

15. Key Countries Market Analysis

    15.1. USA

        15.1.1. Pricing Analysis

        15.1.2. Market Share Analysis, 2022

            15.1.2.1. By Product Type

            15.1.2.2. By Application

    15.2. Canada

        15.2.1. Pricing Analysis

        15.2.2. Market Share Analysis, 2022

            15.2.2.1. By Product Type

            15.2.2.2. By Application

    15.3. Brazil

        15.3.1. Pricing Analysis

        15.3.2. Market Share Analysis, 2022

            15.3.2.1. By Product Type

            15.3.2.2. By Application

    15.4. Mexico

        15.4.1. Pricing Analysis

        15.4.2. Market Share Analysis, 2022

            15.4.2.1. By Product Type

            15.4.2.2. By Application

    15.5. Germany

        15.5.1. Pricing Analysis

        15.5.2. Market Share Analysis, 2022

            15.5.2.1. By Product Type

            15.5.2.2. By Application

    15.6. UK

        15.6.1. Pricing Analysis

        15.6.2. Market Share Analysis, 2022

            15.6.2.1. By Product Type

            15.6.2.2. By Application

    15.7. France

        15.7.1. Pricing Analysis

        15.7.2. Market Share Analysis, 2022

            15.7.2.1. By Product Type

            15.7.2.2. By Application

    15.8. Spain

        15.8.1. Pricing Analysis

        15.8.2. Market Share Analysis, 2022

            15.8.2.1. By Product Type

            15.8.2.2. By Application

    15.9. Italy

        15.9.1. Pricing Analysis

        15.9.2. Market Share Analysis, 2022

            15.9.2.1. By Product Type

            15.9.2.2. By Application

    15.10. Poland

        15.10.1. Pricing Analysis

        15.10.2. Market Share Analysis, 2022

            15.10.2.1. By Product Type

            15.10.2.2. By Application

    15.11. Russia

        15.11.1. Pricing Analysis

        15.11.2. Market Share Analysis, 2022

            15.11.2.1. By Product Type

            15.11.2.2. By Application

    15.12. Czech Republic

        15.12.1. Pricing Analysis

        15.12.2. Market Share Analysis, 2022

            15.12.2.1. By Product Type

            15.12.2.2. By Application

    15.13. Romania

        15.13.1. Pricing Analysis

        15.13.2. Market Share Analysis, 2022

            15.13.2.1. By Product Type

            15.13.2.2. By Application

    15.14. India

        15.14.1. Pricing Analysis

        15.14.2. Market Share Analysis, 2022

            15.14.2.1. By Product Type

            15.14.2.2. By Application

    15.15. Bangladesh

        15.15.1. Pricing Analysis

        15.15.2. Market Share Analysis, 2022

            15.15.2.1. By Product Type

            15.15.2.2. By Application

    15.16. Australia

        15.16.1. Pricing Analysis

        15.16.2. Market Share Analysis, 2022

            15.16.2.1. By Product Type

            15.16.2.2. By Application

    15.17. New Zealand

        15.17.1. Pricing Analysis

        15.17.2. Market Share Analysis, 2022

            15.17.2.1. By Product Type

            15.17.2.2. By Application

    15.18. China

        15.18.1. Pricing Analysis

        15.18.2. Market Share Analysis, 2022

            15.18.2.1. By Product Type

            15.18.2.2. By Application

    15.19. Japan

        15.19.1. Pricing Analysis

        15.19.2. Market Share Analysis, 2022

            15.19.2.1. By Product Type

            15.19.2.2. By Application

    15.20. South Korea

        15.20.1. Pricing Analysis

        15.20.2. Market Share Analysis, 2022

            15.20.2.1. By Product Type

            15.20.2.2. By Application

    15.21. GCC Countries

        15.21.1. Pricing Analysis

        15.21.2. Market Share Analysis, 2022

            15.21.2.1. By Product Type

            15.21.2.2. By Application

    15.22. South Africa

        15.22.1. Pricing Analysis

        15.22.2. Market Share Analysis, 2022

            15.22.2.1. By Product Type

            15.22.2.2. By Application

    15.23. Israel

        15.23.1. Pricing Analysis

        15.23.2. Market Share Analysis, 2022

            15.23.2.1. By Product Type

            15.23.2.2. By Application

16. Market Structure Analysis

    16.1. Competition Dashboard

    16.2. Competition Benchmarking

    16.3. Market Share Analysis of Top Players

        16.3.1. By Regional

        16.3.2. By Product Type

        16.3.3. By Application

17. Competition Analysis

    17.1. Competition Deep Dive

        17.1.1. Infineon Technologies AG

            17.1.1.1. Overview

            17.1.1.2. Product Portfolio

            17.1.1.3. Profitability by Market Segments

            17.1.1.4. Sales Footprint

            17.1.1.5. Strategy Overview

                17.1.1.5.1. Marketing Strategy

                17.1.1.5.2. Product Strategy

                17.1.1.5.3. Channel Strategy

        17.1.2. Nidec SR Drives Ltd.

            17.1.2.1. Overview

            17.1.2.2. Product Portfolio

            17.1.2.3. Profitability by Market Segments

            17.1.2.4. Sales Footprint

            17.1.2.5. Strategy Overview

                17.1.2.5.1. Marketing Strategy

                17.1.2.5.2. Product Strategy

                17.1.2.5.3. Channel Strategy

        17.1.3. E. KRETZSCHMAR

            17.1.3.1. Overview

            17.1.3.2. Product Portfolio

            17.1.3.3. Profitability by Market Segments

            17.1.3.4. Sales Footprint

            17.1.3.5. Strategy Overview

                17.1.3.5.1. Marketing Strategy

                17.1.3.5.2. Product Strategy

                17.1.3.5.3. Channel Strategy

        17.1.4. Domel, d.o.o.

            17.1.4.1. Overview

            17.1.4.2. Product Portfolio

            17.1.4.3. Profitability by Market Segments

            17.1.4.4. Sales Footprint

            17.1.4.5. Strategy Overview

                17.1.4.5.1. Marketing Strategy

                17.1.4.5.2. Product Strategy

                17.1.4.5.3. Channel Strategy

        17.1.5. MACCON

            17.1.5.1. Overview

            17.1.5.2. Product Portfolio

            17.1.5.3. Profitability by Market Segments

            17.1.5.4. Sales Footprint

            17.1.5.5. Strategy Overview

                17.1.5.5.1. Marketing Strategy

                17.1.5.5.2. Product Strategy

                17.1.5.5.3. Channel Strategy

        17.1.6. Renesas Electronics Corporation

            17.1.6.1. Overview

            17.1.6.2. Product Portfolio

            17.1.6.3. Profitability by Market Segments

            17.1.6.4. Sales Footprint

            17.1.6.5. Strategy Overview

                17.1.6.5.1. Marketing Strategy

                17.1.6.5.2. Product Strategy

                17.1.6.5.3. Channel Strategy

        17.1.7. Ramco Electric Motors

            17.1.7.1. Overview

            17.1.7.2. Product Portfolio

            17.1.7.3. Profitability by Market Segments

            17.1.7.4. Sales Footprint

            17.1.7.5. Strategy Overview

                17.1.7.5.1. Marketing Strategy

                17.1.7.5.2. Product Strategy

                17.1.7.5.3. Channel Strategy

        17.1.8. Regal Beloit Corporation

            17.1.8.1. Overview

            17.1.8.2. Product Portfolio

            17.1.8.3. Profitability by Market Segments

            17.1.8.4. Sales Footprint

            17.1.8.5. Strategy Overview

                17.1.8.5.1. Marketing Strategy

                17.1.8.5.2. Product Strategy

                17.1.8.5.3. Channel Strategy

        17.1.9. Turntide

            17.1.9.1. Overview

            17.1.9.2. Product Portfolio

            17.1.9.3. Profitability by Market Segments

            17.1.9.4. Sales Footprint

            17.1.9.5. Strategy Overview

                17.1.9.5.1. Marketing Strategy

                17.1.9.5.2. Product Strategy

                17.1.9.5.3. Channel Strategy

        17.1.10. Advanced Electric Machines (AEM)

            17.1.10.1. Overview

            17.1.10.2. Product Portfolio

            17.1.10.3. Profitability by Market Segments

            17.1.10.4. Sales Footprint

            17.1.10.5. Strategy Overview

                17.1.10.5.1. Marketing Strategy

                17.1.10.5.2. Product Strategy

                17.1.10.5.3. Channel Strategy

18. Assumptions & Acronyms Used

19. Research Methodology

Recommendations

Industrial Automation

Stair Lift Motors Market

November 2017

REP-GB-5460

June 2023

324 pages

Automotive

Smart Motors Market

June 2023

REP-GB-17421

324 pages

Industrial Automation

Industrial Motors Market

October 2017

REP-GB-5117

January 2023

251 pages

Industrial Automation

Traction Motors Market

March 2022

REP-GB-590

June 2022

250 pages

Explore Industrial Automation Insights

View Reports
Future Market Insights

Switched reluctance Motors Market