Synchronous Motor Market

Synchronous Motor Market Size and Share Forecast Outlook 2025 to 2035

The Synchronous Motor Market is estimated to be valued at USD 25.6 billion in 2025 and is projected to reach USD 42.2 billion by 2035, registering a compound annual growth rate (CAGR) of 5.1% over the forecast period.

The synchronous motor market is expanding steadily, driven by growing industrial automation, energy efficiency mandates, and increasing demand for high-performance motors across manufacturing sectors. These motors’ ability to maintain constant speed regardless of load variations makes them ideal for precision-driven applications.

The market benefits from widespread use in compressors, conveyors, and pumps, supported by infrastructure development and industrial modernization initiatives. Advancements in permanent magnet designs and electronic control systems have enhanced efficiency and operational reliability.

Additionally, the transition toward low-carbon technologies and renewable energy integration has stimulated demand for high-efficiency motor systems. With rising electricity costs and industrial optimization trends, synchronous motors are expected to gain further traction as a sustainable solution for consistent torque and speed control..

Quick Stats for Synchronous Motor Market

• Synchronous Motor Market Industry Value (2025): USD 25.6 billion
• Synchronous Motor Market Forecast Value (2035): USD 42.2 billion
• Synchronous Motor Market Forecast CAGR: 5.1%
• Leading Segment in Synchronous Motor Market in 2025: Horizontal Mounting (42.5%)
• Key Growth Region in Synchronous Motor Market: North America, Asia-Pacific, Europe
• Top Key Players in Synchronous Motor Market: ABB, Siemens, General Electric, Rockwell Automation Inc., Toshiba Corporation, WEG SA, Hitachi Ltd., Bosch Group

Metric	Value
Synchronous Motor Market Estimated Value in (2025 E)	USD 25.6 billion
Synchronous Motor Market Forecast Value in (2035 F)	USD 42.2 billion
Forecast CAGR (2025 to 2035)	5.1%

Segmental Analysis

The market is segmented by Mount Type, Voltage Class, Application, and End User and region. By Mount Type, the market is divided into Horizontal Mounting and Vertical Mounting. In terms of Voltage Class, the market is classified into Medium Voltage and Low Voltage. Based on Application, the market is segmented into Compressors, Pumps, Fans, Extruders, Mixers, and Others. By End User, the market is divided into Oil & Gas, Chemicals & Petrochemicals, Mining, Metals, and Others. Regionally, the market is classified into North America, Latin America, Western Europe, Eastern Europe, Balkan & Baltic Countries, Russia & Belarus, Central Asia, East Asia, South Asia & Pacific, and the Middle East & Africa.

Insights into the Horizontal Mounting Segment

The horizontal mounting segment leads the mount type category, accounting for approximately 42.5% share. Its prevalence is due to the configuration’s suitability for industrial machinery requiring stable installation and efficient power transmission.

Horizontal mounting simplifies maintenance and supports higher load-bearing capacity, making it the preferred setup for compressors, conveyors, and pumps. The design’s compatibility with standardized base frames also enhances installation flexibility.

The segment’s growth is supported by its adaptability across industries and proven operational efficiency. With continued industrial expansion and the replacement of legacy systems, horizontal mounting is expected to retain its leading share..

Insights into the Medium Voltage Segment

The medium voltage segment dominates the voltage class category, holding approximately 61.3% share. This segment’s leadership is driven by its extensive application in industrial and utility operations requiring high-power performance with reduced energy losses.

Medium voltage motors are widely adopted in heavy-duty processes, including mining, water treatment, and oil and gas operations. Advancements in insulation and control systems have improved reliability and thermal efficiency.

The segment benefits from growing investment in power-intensive infrastructure projects across developing regions. As industries prioritize energy optimization and lifecycle cost reduction, medium voltage synchronous motors are expected to sustain robust demand..

Insights into the Compressors Segment

The compressors segment holds approximately 38.4% share in the application category, supported by extensive use in HVAC systems, refrigeration units, and industrial gas processing. Synchronous motors offer precise speed regulation and high torque performance, making them ideal for compressor-driven operations requiring efficiency and stability.

The segment benefits from ongoing demand in manufacturing, chemical processing, and power generation sectors. Improved motor control technologies have enhanced performance consistency and reduced operational costs.

With increasing focus on energy-efficient compressor systems, this segment is projected to maintain strong growth momentum through the forecast period..

Synchronous Motor Market Trends

• Electric equipment like mixers, pumps, fans, etc., extensively utilize synchronous motors.
• Synchronous motor’s appeal in the aerospace industry is rising, as the cost-efficient and effective nature of the product helps the innovation-hungry industry in the development of new vehicles.
• Synchronous motors are being used by the defense industry in large volumes, as defense budgets are rising.
• The increasing application of synchronous motors in the packaging industry for large-scale packing needs is driving growth in the market.
• Significant competition to synchronous motors is provided by induction motors as well as other motors with HVAC applications, constraining market growth.
• Permanent magnetic synchronous motors are finding their home in the production of electric vehicles. These synchronous motors are helping electrical vehicles to achieve greater pickup potential and horsepower.
• The cost per kilowatt of synchronous motors in electric applications is a cause for concern, and thus, industrialists are heading toward alternatives, restricting the scope of the market.

Comparative View of Adjacent Markets

Aside from the synchronous motor market, analysis has been done on two other related markets. These markets are the synchronous condenser market and synchronous generator market.

The use of synchronous condensers in the renewable energy industry is boosting the demand for the product. The industrial demand for grid stabilizing products, to control power outlay and prevent outrages, is also positively impacting the market.

With electricity consumption showing no signs of decline, there is an increased need for synchronous generators. Government initiatives for sustainable sources of energy further power the market for synchronous generators.

Synchronous Motor Market:

Attributes	Synchronous Motor Market
Value-based CAGR (2025 to 2035)	5.4%
Projected Market Value (2035)	US$ 41.0 billion
Market Trends	Increasing use of synchronous motors in the aerospace sector Use of synchronous motors for common applications like fans and pumps
Restraint	High cost expended per kilowatt by synchronous motors
Growth Factors	Rising production of electric vehicles with synchronous motors Significant use of synchronous motors in the power generation sector

Synchronous Condenser Market:

Attributes	Synchronous Condenser Market
Value-based CAGR (2025 to 2035)	8.4%
Market Trend	Use of synchronous condensers to meet regulations regarding grid stability
Restraint	High operation and maintenance costs
Growth Factor	Increasing industrial demand for synchronous condensers

Synchronous Generator Market:

Attributes	Synchronous Generator Market
Value-based CAGR (2025 to 2035)	5.4%
Projected Market Value (2035)	US$ 6.5 billion
Market Trend	Rising demand for devices that aid grid stability
Restraint	Strenuous manufacturing process involving significant investment of time and effort
Growth Factors	Synchronous generators help with energy storage

Category-wise Outlook

Horizontally mounted synchronous motors have an upper hand over vertically mounted synchronous motors in the market. Medium voltage synchronous motors have left low voltage and high voltage motors behind in terms of demand.

Horizontally Mounted Synchronous Motors Provide Flexibility to End-users

Attributes	Details
Top Mount Type	Horizontal Mounting
CAGR (2025 to 2035)	5.2%

From 2025 to 2035, synchronous motors with horizontal mounting are expected to progress at a CAGR of 5.2%. Some of the key drivers for the increasing use of horizontally mounted synchronous motors are:

• Synchronous motors with horizontal mounting allow industrialists more leeway in where to place the motors, eating up less space than vertically mounted ones. Thus, horizontally mounted motors stand tall in the mount type segment.
• Use of synchronous motors in aerospace, defense, and other industries where the applications of the motor are in large devices is helping the horizontally mounted motors’ progress. Horizontally mounted motors are more suitable for large-scale electric devices compared to vertically mounted motors.

Medium Voltage Synchronous Motors Hit the Sweet Spot for Manufacturers

Attributes	Details
Top Voltage Class	Medium Voltage
CAGR (2025 to 2035)	5.0%

Synchronous motors with medium voltage are predicted to progress at a CAGR of 5.0% over the forecast period. Some of the key drivers for its progress include:

• Manufacturers often have to perform a balancing act when it comes to the proper calibration of the parts that make up their product. Medium voltage synchronous motors are thus seeing rising demand as they provide the middle route between low and high voltage motors.
• Medium voltage synchronous motors provide adequate voltage capabilities to manufacturers while still not being as expensive as high voltage motors.

Country-wise Analysis

The industrial sector in the Asia Pacific, specifically manufacturing, is leading to increased demand for synchronous motors in the region. The climbing defense budgets of the governments in the region are also contributing to the market’s surge in the Asia Pacific.

North America and Europe are the traditional powerhouses in the region. With rising sustainability efforts in the regions, the production of electrical appliances is rising, thus benefitting the market in North America and Europe.

Countries	CAGR
South Korea	7.4%
Japan	6.5%
China	7.0%
United Kingdom	6.7%
United States	5.7%

Use of Synchronous Motors in Public Infrastructure Bolstering the Market in South Korea

The market in South Korea is set to register a CAGR of 7.4% for the forecast period. The key drivers for growth are:

• The applications of synchronous motors in South Korea are diverse. For example, magnetic synchronous motors are being used in metro trains of the country’s capital Seoul. Thus, South Korea is emerging as one of the most promising countries for the market.
• Synchronous motors are in line with the sustainability trends in South Korea. For example, synchronous motors are being used for the production of liquefied hydrogen in the country.

Use of Synchronous Motors in the Defense Sector in China

The CAGR for the synchronous motor market in China is tipped to be 7.0% over the forecast period. Some of the key factors driving the growth are:

• Possessing one of the largest defense infrastructures in the world, the defense industry acts as a significant avenue for the sale of synchronous motors in China.
• China is making significant progress in the aerospace industry, finding new ways of air transport while also leaping into space, and synchronous motors are helping the cause.

Increased Use of Household Electrical Appliances in Japan Helping the Market’s Positive Trajectory

The market in Japan is expected to register a CAGR of 6.5% over the forecast period. Some of the key trends include:

• Japan’s significant aging population is making use of electrical appliances like fans and mixers at an increasing rate. Further, there is also an effort to make the stay of the elderly comfortable in nursing homes with the use of these applications. Thus, the synchronous motor industry is marked for positive progress in the country.
• Demand for synchronous motors in Japan is multi-pronged as both large-scale industrial units and small-scale operations make use of them. Thus, suppliers are designing customized synchronous motors in the country.

Sustainability Measures Power Up the Market’s Progress in the United Kingdom

The market in the United Kingdom is expected to progress at a CAGR of 6.7% through 2035. Key factors driving the growth are:

• Electrical appliances are being given increasing importance in the United Kingdom as a result of rising sustainability measures. As a result, the synchronous motor market is getting positively impacted.
• Magnetic synchronous motors are rising in popularity across the United Kingdom, providing another avenue for progress for the motor.

Electrical Vehicle Production Accelerating Market Demand for Synchronous Motors in the United States

The market in the United States is anticipated to register a CAGR of 5.7% over the forecast period. Some prominent factors driving growth are:

• The large automobile industry in the United States is contributing to the market’s progress. Thus, the increasing production of electrical vehicles is positively impacting synchronous motor adoption in the country.
• Production of synchronous motors in the United States is taking on an end-user-centric approach. The product is being manufactured for end users in all kinds of sizes, traditional and non-traditional, in the United States.

Competitive Landscape

Market players are manufacturing machines focusing on the end-use application of synchronous motors. Thus, enterprises in the market are not focused on a single size of the machine but keep on diversifying their production. The market is highly fragmented, with no entities having dominant control of the share. Thus, small-scale producers dominate the market, and there is scope for new entrants.

Recent Developments

• In September 2025, Audi upgraded its Q4 e-tron with the introduction of a synchronous motor.
• In August 2025, Nord USA released the smooth surface IE5+ synchronous motors, with features like size 90 TENV and a ventilated design.
• In March 2025, BYD launched the electric SUV BYD Atto 3. The car makes use of a magnetic synchronous motor, which helps it to accelerate from 0 to 100 kmph in a matter of seconds.
• In February 2025, MG Motor introduced a newer version of its electric car ZS EV, backed by a magnetic synchronous motor.
• Also, in February 2025, Danfoss Editron announced the mass production of its magnetic synchronous motor, called the EM-PMI240-T180 motor.

Key Companies in the Synchronous Motor Market

• ABB
• Siemens
• General Electric
• Rockwell Automation Inc.
• Toshiba Corporation
• WEG SA
• Hitachi Ltd.
• Bosch Group

Key Segments

By Mount Type:

• Horizontal Mounting
• Vertical Mounting

By Voltage Class:

• Medium Voltage
• Low Voltage

By Application:

• Compressors
• Pumps
• Fans
• Extruders
• Mixers
• Others

By End User:

• Oil & Gas
• Chemicals & Petrochemicals
• Mining
• Metals
• Others

By Region:

• North America
• Latin America
• Europe
• South Asia
• East Asia
• Oceania
• Middle East and Africa (MEA)