Global Analysis of Vertical Synchronous Motors Market Size, Growth and Forecast
Report ID : 1375838 | Published : June 2025 | Study Period : 2023-2033 | Format : PDF + Excel
The market size of the Vertical Synchronous Motors Market is categorized based on Type (Permanent Magnet Synchronous Motors, Electrically Excited Synchronous Motors) and Application (Industrial Automation, Power Generation, Oil & Gas, Water & Wastewater, Mining) and End User (Manufacturing, Energy & Utilities, Transportation, Commercial, Residential) and geographical regions (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa).
With a valuation of USD 1.2 billion in 2023, the Vertical Synchronous Motors Market is expected to reach USD 2.5 billion by 2033, growing at a CAGR of 7.8% from 2024 onwards. The report encompasses various segments and analyzes the trends and factors significantly impacting the market.
As businesses begin to search for more efficient and dependable motors to meet their operational needs, the Vertical Synchronous Motors Market is currently undergoing a remarkable change. These motors, notable for their capacity to sustain ‘synchronous’ speed irrespective of load changes, are crucial in many sectors such as manufacturing, oil & gas, power generation, etc. Adoption of vertical synchronous motors is on the rise owing to greater emphasis on energy efficiency and sustainable measures which is furthering their purpose in industrial processes.
Boosting productivity while minimizing energy consumption is a primary focus of industries today. This has resulted in an increased gap of advanced motor technologies. Vertical synchronous drives are uniquely beneficial owing to high torque, durability, and superior performance in harsh environments. With innovations in motor control systems aiding more reliable and precise functions, this market is bound to flourish. Moreover, industrial automation and smart technologies are further anticipated to enhance the demand for these motors, making them vital to the future of industrial machinery.
| ATTRIBUTES | DETAILS |
| STUDY PERIOD | 2023-2033 |
| BASE YEAR | 2023 |
| FORECAST PERIOD | 2024-2033 |
| HISTORICAL PERIOD | 2023-2024 |
| UNIT | VALUE (USD BILLION) |
| KEY COMPANIES PROFILED | Siemens AG, ABB Ltd., General Electric Company, Schneider Electric SE, Mitsubishi Electric Corporation, Rockwell Automation Inc., Nidec Corporation, WEG S.A., Emerson Electric Co., Regal Beloit Corporation, Toshiba Corporation |
| SEGMENTS COVERED |
By Type - Permanent Magnet Synchronous Motors, Electrically Excited Synchronous Motors
By Application - Industrial Automation, Power Generation, Oil & Gas, Water & Wastewater, Mining
By End User - Manufacturing, Energy & Utilities, Transportation, Commercial, Residential
By Geography - North America, Europe, APAC, Middle East Asia & Rest of World. |
Vertical Synchronous Motors Market Dynamics
The Vertical Synchronous Motors Market is undergoing significant changes due to various dynamic factors. This section delves into the key drivers, restraints, opportunities, and challenges that are shaping the market landscape.
Market Drivers
- Technological Advancements
- Increasing Consumer Demand
- Regulatory Support
- Globalization
Market Restraints
- High Operational Costs
- Regulatory Challenges
- Market Saturation
Market Opportunities
- Emerging Markets
- Product Innovation
- Strategic Partnerships
Market Challenges
- Technological Disruptions
- Supply Chain Issues
- Changing Consumer Preferences
Vertical Synchronous Motors Market Segmentations
Market Breakup by Type
- Overview
- Permanent Magnet Synchronous Motors
- Electrically Excited Synchronous Motors
Market Breakup by Application
- Overview
- Industrial Automation
- Power Generation
- Oil & Gas
- Water & Wastewater
- Mining
Market Breakup by End User
- Overview
- Manufacturing
- Energy & Utilities
- Transportation
- Commercial
- Residential
Market Breakup by Region
North America
- United States of America
- Canada
- Mexico
Europe
- United Kingdom
- Germany
- France
- Italy
- Spain
- Others
Asia Pacific
- China
- Japan
- India
- ASEAN
- Australia
- Others
Latin America
- Brazil
- Argentina
- Mexico
- Others
Middle East and Africa
- Saudi Arabia
- United Arab Emirates
- Nigeria
- South Africa
- Others
Key Players in the Vertical Synchronous Motors Market
This report provides an in-depth analysis of both established and rising industry participants. It provides broad lists of important companies organized by the types of products they offer and other market-related factors. In addition to characterizing these companies, the report contains the year each player entered the market, which is useful for research analysis by the study's analysts.
- Siemens AG
- ABB Ltd.
- General Electric Company
- Schneider Electric SE
- Mitsubishi Electric Corporation
- Rockwell Automation Inc.
- Nidec Corporation
- WEG S.A.
- Emerson Electric Co.
- Regal Beloit Corporation
- Toshiba Corporation
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● Benchmarking of key players on the following parameters : Product portfolio, geographical reach, regional presence, and strategic alliances.
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