Asia Pacific AC Electric Motor Market Size, Share & Trends Analysis Report By Sales Type (New Sales, and Aftermarket), By Output Power, By End-Use (Industrial Machinery, HVAC, Transportation, and Others), By Country and Growth Forecast, 2023 - 2030

The Asia Pacific AC Electric Motor Market would witness market growth of 4.9% CAGR during the forecast period (2023-2030).

The China market dominated the Asia Pacific AC Electric Motor Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $2,330.2 Million by 2030. The Japan market is experiencing a CAGR of 4.2% during (2023 - 2030). Additionally, The India market would exhibit a CAGR of 5.5% during (2023 - 2030).

The AC electric motor is a vital component of numerous industries, facilitating the conversion of electrical energy into mechanical energy. It has undergone significant advancements, evolving into versatile and efficient machines powering various applications across diverse sectors. The adoption of AC electric motors has seen remarkable growth over the years, driven by various factors, including technological advancements, regulatory requirements, economic considerations, and environmental concerns. AC motors are known for their high efficiency compared to their DC counterparts. Progress in motor design, materials, and control technologies has resulted in notable enhancements in energy efficiency, positioning AC motors as the preferred option for industries and applications prioritizing energy conservation. The quest for energy efficiency, driven by rising energy costs and environmental consciousness, has incentivized the adoption of AC motors across sectors.

Governments and regulatory authorities have enforced rigorous standards and regulations about energy efficiency for motors and systems driven by motors. Compliance with standards such as the International Electrotechnical Commission’s (IEC) IE3 efficiency class and the United States’ National Electrical Manufacturers Association (NEMA) premium efficiency levels has become mandatory in many regions. As a result, industries are compelled to adopt high-efficiency AC motors to meet regulatory requirements and minimize energy consumption.

The modernization and expansion of power generation infrastructure in India may drive the adoption of more efficient and technologically advanced AC motors. According to the Ministry of Power, India’s electricity generation target for 2023-24 has been fixed as 1,750 Billion Units (BU), growth of around 7.2% over the actual generation of 1,624.158 BU for the previous year (2022-23). The power generation during 2022-23 was 1,624.158 BU compared to 1,491.859 BU generated during 2021-22, representing a growth of about 8.87%. As India expands its power generation capacity to meet the growing energy demand, there will be a higher demand for AC electric motors used in various components of power plants. Hence, increasing power generation and growing investments in wastewater treatment is driving the growth of the market.

Free Valuable Insights: The Global AC Electric Motor Market is Predict to reach USD 22.4 Billion by 2030, at a CAGR of 4.5%

Based on Sales Type, the market is segmented into New Sales, and Aftermarket. Based on Output Power, the market is segmented into 1,000 HP up to 10,000 HP, 10,000 HP up to 20,000 HP, and 20,000 HP up to 30,000 HP. Based on End-Use, the market is segmented into Industrial Machinery, HVAC, Transportation, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.

List of Key Companies Profiled

• WEG Equipamentos Eletricos SA
• Toshiba Corporation
• General Electric Company
• Hitachi, Ltd.
• ABB Ltd.
• Nidec Corporation
• Siemens AG
• Kirloskar Electric Co. Ltd.
• Schneider Electric SE
• Emerson Electric Co.

Asia Pacific AC Electric Motor Market Report Segmentation

By Sales Type

• New Sales
• Aftermarket

By Output Power

• 1,000 HP up to 10,000 HP
• 10,000 HP up to 20,000 HP
• 20,000 HP up to 30,000 HP

By End Use

• Industrial Machinery
• HVAC
• Transportation
• Others

By Country

• China
• Japan
• India
• South Korea
• Singapore
• Malaysia
• Rest of Asia Pacific

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific AC Electric Motor Market, by Sales Type
1.4.2 Asia Pacific AC Electric Motor Market, by Output Power
1.4.3 Asia Pacific AC Electric Motor Market, by End Use
1.4.4 Asia Pacific AC Electric Motor Market, by Country
1.5 Methodology for the research

Chapter 2. Market at a Glance
2.1 Key Highlights

Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
3.3 Porter Five Forces Analysis

Chapter 4. Strategies Deployed in AC Electric Motor Market

Chapter 5. Asia Pacific AC Electric Motor Market by Sales Type
5.1 Asia Pacific New Sales Market by Country
5.2 Asia Pacific Aftermarket Market by Country

Chapter 6. Asia Pacific AC Electric Motor Market by Output Power
6.1 Asia Pacific 1,000 HP up to 10,000 HP Market by Country
6.2 Asia Pacific 10,000 HP up to 20,000 HP Market by Country
6.3 Asia Pacific 20,000 HP up to 30,000 HP Market by Country

Chapter 7. Asia Pacific AC Electric Motor Market by End-Use
7.1 Asia Pacific Industrial Machinery Market by Country
7.2 Asia Pacific HVAC Market by Country
7.3 Asia Pacific Transportation Market by Country
7.4 Asia Pacific Others Market by Country

Chapter 8. Asia Pacific AC Electric Motor Market by Country
8.1 China AC Electric Motor Market
8.1.1 China AC Electric Motor Market by Sales Type
8.1.2 China AC Electric Motor Market by Output Power
8.1.3 China AC Electric Motor Market by End-Use
8.2 Japan AC Electric Motor Market
8.2.1 Japan AC Electric Motor Market by Sales Type
8.2.2 Japan AC Electric Motor Market by Output Power
8.2.3 Japan AC Electric Motor Market by End-Use
8.3 India AC Electric Motor Market
8.3.1 India AC Electric Motor Market by Sales Type
8.3.2 India AC Electric Motor Market by Output Power
8.3.3 India AC Electric Motor Market by End-Use
8.4 South Korea AC Electric Motor Market
8.4.1 South Korea AC Electric Motor Market by Sales Type
8.4.2 South Korea AC Electric Motor Market by Output Power
8.4.3 South Korea AC Electric Motor Market by End-Use
8.5 Singapore AC Electric Motor Market
8.5.1 Singapore AC Electric Motor Market by Sales Type
8.5.2 Singapore AC Electric Motor Market by Output Power
8.5.3 Singapore AC Electric Motor Market by End-Use
8.6 Malaysia AC Electric Motor Market
8.6.1 Malaysia AC Electric Motor Market by Sales Type
8.6.2 Malaysia AC Electric Motor Market by Output Power
8.6.3 Malaysia AC Electric Motor Market by End-Use
8.7 Rest of Asia Pacific AC Electric Motor Market
8.7.1 Rest of Asia Pacific AC Electric Motor Market by Sales Type
8.7.2 Rest of Asia Pacific AC Electric Motor Market by Output Power
8.7.3 Rest of Asia Pacific AC Electric Motor Market by End-Use

Chapter 9. Company Profiles
9.1 WEG Equipamentos Eletricos SA
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Regional Analysis
9.1.4 Recent strategies and developments:
9.1.4.1 Partnerships, Collaborations, and Agreements:
9.1.4.2 Product Launches and Product Expansions:
9.1.4.3 Acquisition and Mergers:
9.1.5 SWOT Analysis
9.2 Toshiba Corporation
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Segmental and Regional Analysis
9.2.4 Research and Development Expense
9.2.5 SWOT Analysis
9.3 General Electric Company
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Segmental and Regional Analysis
9.3.4 Research & Development Expense
9.3.5 SWOT Analysis
9.4 Hitachi, Ltd.
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Segmental and Regional Analysis
9.4.4 Research & Development Expenses
9.4.5 SWOT Analysis
9.5 ABB Ltd.
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Segmental and Regional Analysis
9.5.4 Research & Development Expense
9.5.5 Recent strategies and developments:
9.5.5.1 Product Launches and Product Expansions:
9.5.6 SWOT Analysis
9.6 Nidec Corporation
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Segmental and Regional Analysis
9.6.4 Research & Development Expense
9.6.5 Recent strategies and developments:
9.6.5.1 Product Launches and Product Expansions:
9.7 Siemens AG
9.7.1 Company Overview
9.7.2 Financial Analysis
9.7.3 Segmental and Regional Analysis
9.7.4 Research & Development Expense
9.7.5 SWOT Analysis
9.8 Kirloskar Electric Co. Ltd.
9.8.1 Company Overview
9.8.2 Financial Analysis
9.8.3 Segmental Analysis
9.9 Schneider Electric SE
9.9.1 Company Overview
9.9.2 Financial Analysis
9.9.3 Segmental and Regional Analysis
9.9.4 Research & Development Expense
9.9.5 Recent strategies and developments:
9.9.5.1 Partnerships, Collaborations, and Agreements:
9.9.6 SWOT Analysis
9.10. Emerson Electric Co.
9.10.1 Company Overview
9.10.2 Financial Analysis
9.10.3 Segmental and Regional Analysis
9.10.4 Research & Development Expense
9.10.5 SWOT Analysis

TABLE 1 Asia Pacific AC Electric Motor Market, 2019 - 2022, USD Million
TABLE 2 Asia Pacific AC Electric Motor Market, 2023 - 2030, USD Million
TABLE 3 Asia Pacific AC Electric Motor Market by Sales Type, 2019 - 2022, USD Million
TABLE 4 Asia Pacific AC Electric Motor Market by Sales Type, 2023 - 2030, USD Million
TABLE 5 Asia Pacific New Sales Market by Country, 2019 - 2022, USD Million
TABLE 6 Asia Pacific New Sales Market by Country, 2023 - 2030, USD Million
TABLE 7 Asia Pacific Aftermarket Market by Country, 2019 - 2022, USD Million
TABLE 8 Asia Pacific Aftermarket Market by Country, 2023 - 2030, USD Million
TABLE 9 Asia Pacific AC Electric Motor Market by Output Power, 2019 - 2022, USD Million
TABLE 10 Asia Pacific AC Electric Motor Market by Output Power, 2023 - 2030, USD Million
TABLE 11 Asia Pacific 1,000 HP up to 10,000 HP Market by Country, 2019 - 2022, USD Million
TABLE 12 Asia Pacific 1,000 HP up to 10,000 HP Market by Country, 2023 - 2030, USD Million
TABLE 13 Asia Pacific 10,000 HP up to 20,000 HP Market by Country, 2019 - 2022, USD Million
TABLE 14 Asia Pacific 10,000 HP up to 20,000 HP Market by Country, 2023 - 2030, USD Million
TABLE 15 Asia Pacific 20,000 HP up to 30,000 HP Market by Country, 2019 - 2022, USD Million
TABLE 16 Asia Pacific 20,000 HP up to 30,000 HP Market by Country, 2023 - 2030, USD Million
TABLE 17 Asia Pacific AC Electric Motor Market by End-Use, 2019 - 2022, USD Million
TABLE 18 Asia Pacific AC Electric Motor Market by End-Use, 2023 - 2030, USD Million
TABLE 19 Asia Pacific Industrial Machinery Market by Country, 2019 - 2022, USD Million
TABLE 20 Asia Pacific Industrial Machinery Market by Country, 2023 - 2030, USD Million
TABLE 21 Asia Pacific HVAC Market by Country, 2019 - 2022, USD Million
TABLE 22 Asia Pacific HVAC Market by Country, 2023 - 2030, USD Million
TABLE 23 Asia Pacific Transportation Market by Country, 2019 - 2022, USD Million
TABLE 24 Asia Pacific Transportation Market by Country, 2023 - 2030, USD Million
TABLE 25 Asia Pacific Others Market by Country, 2019 - 2022, USD Million
TABLE 26 Asia Pacific Others Market by Country, 2023 - 2030, USD Million
TABLE 27 Asia Pacific AC Electric Motor Market by Country, 2019 - 2022, USD Million
TABLE 28 Asia Pacific AC Electric Motor Market by Country, 2023 - 2030, USD Million
TABLE 29 China AC Electric Motor Market, 2019 - 2022, USD Million
TABLE 30 China AC Electric Motor Market, 2023 - 2030, USD Million
TABLE 31 China AC Electric Motor Market by Sales Type, 2019 - 2022, USD Million
TABLE 32 China AC Electric Motor Market by Sales Type, 2023 - 2030, USD Million
TABLE 33 China AC Electric Motor Market by Output Power, 2019 - 2022, USD Million
TABLE 34 China AC Electric Motor Market by Output Power, 2023 - 2030, USD Million
TABLE 35 China AC Electric Motor Market by End-Use, 2019 - 2022, USD Million
TABLE 36 China AC Electric Motor Market by End-Use, 2023 - 2030, USD Million
TABLE 37 Japan AC Electric Motor Market, 2019 - 2022, USD Million
TABLE 38 Japan AC Electric Motor Market, 2023 - 2030, USD Million
TABLE 39 Japan AC Electric Motor Market by Sales Type, 2019 - 2022, USD Million
TABLE 40 Japan AC Electric Motor Market by Sales Type, 2023 - 2030, USD Million
TABLE 41 Japan AC Electric Motor Market by Output Power, 2019 - 2022, USD Million
TABLE 42 Japan AC Electric Motor Market by Output Power, 2023 - 2030, USD Million
TABLE 43 Japan AC Electric Motor Market by End-Use, 2019 - 2022, USD Million
TABLE 44 Japan AC Electric Motor Market by End-Use, 2023 - 2030, USD Million
TABLE 45 India AC Electric Motor Market, 2019 - 2022, USD Million
TABLE 46 India AC Electric Motor Market, 2023 - 2030, USD Million
TABLE 47 India AC Electric Motor Market by Sales Type, 2019 - 2022, USD Million
TABLE 48 India AC Electric Motor Market by Sales Type, 2023 - 2030, USD Million
TABLE 49 India AC Electric Motor Market by Output Power, 2019 - 2022, USD Million
TABLE 50 India AC Electric Motor Market by Output Power, 2023 - 2030, USD Million
TABLE 51 India AC Electric Motor Market by End-Use, 2019 - 2022, USD Million
TABLE 52 India AC Electric Motor Market by End-Use, 2023 - 2030, USD Million
TABLE 53 South Korea AC Electric Motor Market, 2019 - 2022, USD Million
TABLE 54 South Korea AC Electric Motor Market, 2023 - 2030, USD Million
TABLE 55 South Korea AC Electric Motor Market by Sales Type, 2019 - 2022, USD Million
TABLE 56 South Korea AC Electric Motor Market by Sales Type, 2023 - 2030, USD Million
TABLE 57 South Korea AC Electric Motor Market by Output Power, 2019 - 2022, USD Million
TABLE 58 South Korea AC Electric Motor Market by Output Power, 2023 - 2030, USD Million
TABLE 59 South Korea AC Electric Motor Market by End-Use, 2019 - 2022, USD Million
TABLE 60 South Korea AC Electric Motor Market by End-Use, 2023 - 2030, USD Million
TABLE 61 Singapore AC Electric Motor Market, 2019 - 2022, USD Million
TABLE 62 Singapore AC Electric Motor Market, 2023 - 2030, USD Million
TABLE 63 Singapore AC Electric Motor Market by Sales Type, 2019 - 2022, USD Million
TABLE 64 Singapore AC Electric Motor Market by Sales Type, 2023 - 2030, USD Million
TABLE 65 Singapore AC Electric Motor Market by Output Power, 2019 - 2022, USD Million
TABLE 66 Singapore AC Electric Motor Market by Output Power, 2023 - 2030, USD Million
TABLE 67 Singapore AC Electric Motor Market by End-Use, 2019 - 2022, USD Million
TABLE 68 Singapore AC Electric Motor Market by End-Use, 2023 - 2030, USD Million
TABLE 69 Malaysia AC Electric Motor Market, 2019 - 2022, USD Million
TABLE 70 Malaysia AC Electric Motor Market, 2023 - 2030, USD Million
TABLE 71 Malaysia AC Electric Motor Market by Sales Type, 2019 - 2022, USD Million
TABLE 72 Malaysia AC Electric Motor Market by Sales Type, 2023 - 2030, USD Million
TABLE 73 Malaysia AC Electric Motor Market by Output Power, 2019 - 2022, USD Million
TABLE 74 Malaysia AC Electric Motor Market by Output Power, 2023 - 2030, USD Million
TABLE 75 Malaysia AC Electric Motor Market by End-Use, 2019 - 2022, USD Million
TABLE 76 Malaysia AC Electric Motor Market by End-Use, 2023 - 2030, USD Million
TABLE 77 Rest of Asia Pacific AC Electric Motor Market, 2019 - 2022, USD Million
TABLE 78 Rest of Asia Pacific AC Electric Motor Market, 2023 - 2030, USD Million
TABLE 79 Rest of Asia Pacific AC Electric Motor Market by Sales Type, 2019 - 2022, USD Million
TABLE 80 Rest of Asia Pacific AC Electric Motor Market by Sales Type, 2023 - 2030, USD Million
TABLE 81 Rest of Asia Pacific AC Electric Motor Market by Output Power, 2019 - 2022, USD Million
TABLE 82 Rest of Asia Pacific AC Electric Motor Market by Output Power, 2023 - 2030, USD Million
TABLE 83 Rest of Asia Pacific AC Electric Motor Market by End-Use, 2019 - 2022, USD Million
TABLE 84 Rest of Asia Pacific AC Electric Motor Market by End-Use, 2023 - 2030, USD Million
TABLE 85 Key Information – WEG Equipamentos Eletricos SA
TABLE 86 Key Information – Toshiba Corporation
TABLE 87 Key Information – General Electric Company
TABLE 88 Key Information – Hitachi, Ltd.
TABLE 89 Key Information – ABB Ltd.
TABLE 90 Key Information – Nidec Corporation
TABLE 91 Key Information – Siemens AG
TABLE 92 Key Information – Kirloskar Electric Co., Ltd.
TABLE 93 Key Information – Schneider Electric SE
TABLE 94 Key Information – Emerson Electric Co.

List of Figures
FIG 1 Methodology for the research
FIG 2 Asia Pacific AC Electric Motor Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting AC Electric Motor Market
FIG 4 Porter’s Five Forces Analysis – AC Electric Motor Market
FIG 5 Asia Pacific AC Electric Motor Market share by Sales Type, 2022
FIG 6 Asia Pacific AC Electric Motor Market share by Sales Type, 2030
FIG 7 Asia Pacific AC Electric Motor Market by Sales Type, 2019 - 2030, USD Million
FIG 8 Asia Pacific AC Electric Motor Market share by Output Power, 2022
FIG 9 Asia Pacific AC Electric Motor Market share by Output Power, 2030
FIG 10 Asia Pacific AC Electric Motor Market by Output Power, 2019 - 2030, USD Million
FIG 11 Asia Pacific AC Electric Motor Market share by End-Use, 2022
FIG 12 Asia Pacific AC Electric Motor Market share by End-Use, 2030
FIG 13 Asia Pacific AC Electric Motor Market by End-Use, 2019 - 2030, USD Million
FIG 14 Asia Pacific AC Electric Motor Market share by Country, 2022
FIG 15 Asia Pacific AC Electric Motor Market share by Country, 2030
FIG 16 Asia Pacific AC Electric Motor Market by Country, 2019 - 2030, USD Million
FIG 17 Recent strategies and developments: WEG Equipamentos Eletricos SA
FIG 18 SWOT Analysis: WEG Equipamentos Eletricos SA
FIG 19 SWOT Analysis: Toshiba Corporation
FIG 20 SWOT Analysis: General electric
FIG 21 Swot analysis: Hitachi, Ltd.
FIG 22 SWOT Analysis: ABB ltd.
FIG 23 SWOT Analysis: Siemens AG
FIG 24 SWOT Analysis: Schneider Electric SE
FIG 25 Swot Analysis: EMERSON ELECTRIC CO.