The Europe AC Electric Motor Market would witness market growth of 4.3% CAGR during the forecast period (2023-2030).
The Germany market dominated the Europe AC Electric Motor Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $1,170 Million by 2030. The UK market is exhibiting a CAGR of 3.4% during (2023 - 2030). Additionally, The France market would experience a CAGR of 5% during (2023 - 2030).
AC motors offer advantages such as high torque, regenerative braking, and simplified drivetrain architecture, making them ideal for automotive propulsion systems. As automakers transition away from internal combustion engines towards electrified powertrains, the adoption of AC motors in EVs is expected to grow rapidly. Integrating smart technologies and IoT (internet of things) capabilities into AC motor systems has opened up opportunities for efficiency optimization, predictive maintenance, and remote monitoring. Smart motors with sensors, connectivity features, and advanced analytics enable real-time performance monitoring, fault detection, and condition-based maintenance, improving reliability and uptime.
It spans various applications in various industries and sectors, owing to their versatility, efficiency, and reliability. For example, AC motors are extensively utilized in manufacturing industries to power various machinery and equipment. They drive conveyor belts, assembly lines, robotic arms, machining tools, injection molding machines, and other industrial processes. AC motors offer precise control over speed and torque, enabling smooth and efficient production operations across automotive, electronics, pharmaceuticals, and consumer goods sectors.
The expansion of the automotive industry in Italy creates opportunities for domestic manufacturing of AC electric motors and related components. As per the ITA, the automotive sector is one of Italy’s main industries, and in 2022, the automotive sector’s turnover was €92.7 billion, which was 9.3% of Italy’s manufacturing turnover and 5.2% of Italy’s GDP. In 2022, 7,82,629 vehicles, 4,86,111 cars, 234,798 light commercial vehicles, and 61,720 trucks and buses) were produced in Italy. 13,35,487 new cars, 9.5% fewer than in the prior year, were registered in 2022. As the automotive industry in Italy continues to modernize and upgrade vehicle features, there is a sustained demand for AC motors to power these auxiliary systems and accessories. Thus, the increasing automotive sector and rising smart manufacturing in the region propel the market’s growth.
Free Valuable Insights: The Global AC Electric Motor Market will Hit 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 Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
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.
Europe AC Electric Motor Market Report Segmentation
By Sales Type
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
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe AC Electric Motor Market, by Sales Type
1.4.2 Europe AC Electric Motor Market, by Output Power
1.4.3 Europe AC Electric Motor Market, by End Use
1.4.4 Europe 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. Europe AC Electric Motor Market by Sales Type
5.1 Europe New Sales Market by Country
5.2 Europe Aftermarket Market by Country
Chapter 6. Europe AC Electric Motor Market by Output Power
6.1 Europe 1,000 HP up to 10,000 HP Market by Country
6.2 Europe 10,000 HP up to 20,000 HP Market by Country
6.3 Europe 20,000 HP up to 30,000 HP Market by Country
Chapter 7. Europe AC Electric Motor Market by End-Use
7.1 Europe Industrial Machinery Market by Country
7.2 Europe HVAC Market by Country
7.3 Europe Transportation Market by Country
7.4 Europe Others Market by Country
Chapter 8. Europe AC Electric Motor Market by Country
8.1 Germany AC Electric Motor Market
8.1.1 Germany AC Electric Motor Market by Sales Type
8.1.2 Germany AC Electric Motor Market by Output Power
8.1.3 Germany AC Electric Motor Market by End-Use
8.2 UK AC Electric Motor Market
8.2.1 UK AC Electric Motor Market by Sales Type
8.2.2 UK AC Electric Motor Market by Output Power
8.2.3 UK AC Electric Motor Market by End-Use
8.3 France AC Electric Motor Market
8.3.1 France AC Electric Motor Market by Sales Type
8.3.2 France AC Electric Motor Market by Output Power
8.3.3 France AC Electric Motor Market by End-Use
8.4 Russia AC Electric Motor Market
8.4.1 Russia AC Electric Motor Market by Sales Type
8.4.2 Russia AC Electric Motor Market by Output Power
8.4.3 Russia AC Electric Motor Market by End-Use
8.5 Spain AC Electric Motor Market
8.5.1 Spain AC Electric Motor Market by Sales Type
8.5.2 Spain AC Electric Motor Market by Output Power
8.5.3 Spain AC Electric Motor Market by End-Use
8.6 Italy AC Electric Motor Market
8.6.1 Italy AC Electric Motor Market by Sales Type
8.6.2 Italy AC Electric Motor Market by Output Power
8.6.3 Italy AC Electric Motor Market by End-Use
8.7 Rest of Europe AC Electric Motor Market
8.7.1 Rest of Europe AC Electric Motor Market by Sales Type
8.7.2 Rest of Europe AC Electric Motor Market by Output Power
8.7.3 Rest of Europe 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 Europe AC Electric Motor Market, 2019 - 2022, USD Million
TABLE 2 Europe AC Electric Motor Market, 2023 - 2030, USD Million
TABLE 3 Europe AC Electric Motor Market by Sales Type, 2019 - 2022, USD Million
TABLE 4 Europe AC Electric Motor Market by Sales Type, 2023 - 2030, USD Million
TABLE 5 Europe New Sales Market by Country, 2019 - 2022, USD Million
TABLE 6 Europe New Sales Market by Country, 2023 - 2030, USD Million
TABLE 7 Europe Aftermarket Market by Country, 2019 - 2022, USD Million
TABLE 8 Europe Aftermarket Market by Country, 2023 - 2030, USD Million
TABLE 9 Europe AC Electric Motor Market by Output Power, 2019 - 2022, USD Million
TABLE 10 Europe AC Electric Motor Market by Output Power, 2023 - 2030, USD Million
TABLE 11 Europe 1,000 HP up to 10,000 HP Market by Country, 2019 - 2022, USD Million
TABLE 12 Europe 1,000 HP up to 10,000 HP Market by Country, 2023 - 2030, USD Million
TABLE 13 Europe 10,000 HP up to 20,000 HP Market by Country, 2019 - 2022, USD Million
TABLE 14 Europe 10,000 HP up to 20,000 HP Market by Country, 2023 - 2030, USD Million
TABLE 15 Europe 20,000 HP up to 30,000 HP Market by Country, 2019 - 2022, USD Million
TABLE 16 Europe 20,000 HP up to 30,000 HP Market by Country, 2023 - 2030, USD Million
TABLE 17 Europe AC Electric Motor Market by End-Use, 2019 - 2022, USD Million
TABLE 18 Europe AC Electric Motor Market by End-Use, 2023 - 2030, USD Million
TABLE 19 Europe Industrial Machinery Market by Country, 2019 - 2022, USD Million
TABLE 20 Europe Industrial Machinery Market by Country, 2023 - 2030, USD Million
TABLE 21 Europe HVAC Market by Country, 2019 - 2022, USD Million
TABLE 22 Europe HVAC Market by Country, 2023 - 2030, USD Million
TABLE 23 Europe Transportation Market by Country, 2019 - 2022, USD Million
TABLE 24 Europe Transportation Market by Country, 2023 - 2030, USD Million
TABLE 25 Europe Others Market by Country, 2019 - 2022, USD Million
TABLE 26 Europe Others Market by Country, 2023 - 2030, USD Million
TABLE 27 Europe AC Electric Motor Market by Country, 2019 - 2022, USD Million
TABLE 28 Europe AC Electric Motor Market by Country, 2023 - 2030, USD Million
TABLE 29 Germany AC Electric Motor Market, 2019 - 2022, USD Million
TABLE 30 Germany AC Electric Motor Market, 2023 - 2030, USD Million
TABLE 31 Germany AC Electric Motor Market by Sales Type, 2019 - 2022, USD Million
TABLE 32 Germany AC Electric Motor Market by Sales Type, 2023 - 2030, USD Million
TABLE 33 Germany AC Electric Motor Market by Output Power, 2019 - 2022, USD Million
TABLE 34 Germany AC Electric Motor Market by Output Power, 2023 - 2030, USD Million
TABLE 35 Germany AC Electric Motor Market by End-Use, 2019 - 2022, USD Million
TABLE 36 Germany AC Electric Motor Market by End-Use, 2023 - 2030, USD Million
TABLE 37 UK AC Electric Motor Market, 2019 - 2022, USD Million
TABLE 38 UK AC Electric Motor Market, 2023 - 2030, USD Million
TABLE 39 UK AC Electric Motor Market by Sales Type, 2019 - 2022, USD Million
TABLE 40 UK AC Electric Motor Market by Sales Type, 2023 - 2030, USD Million
TABLE 41 UK AC Electric Motor Market by Output Power, 2019 - 2022, USD Million
TABLE 42 UK AC Electric Motor Market by Output Power, 2023 - 2030, USD Million
TABLE 43 UK AC Electric Motor Market by End-Use, 2019 - 2022, USD Million
TABLE 44 UK AC Electric Motor Market by End-Use, 2023 - 2030, USD Million
TABLE 45 France AC Electric Motor Market, 2019 - 2022, USD Million
TABLE 46 France AC Electric Motor Market, 2023 - 2030, USD Million
TABLE 47 France AC Electric Motor Market by Sales Type, 2019 - 2022, USD Million
TABLE 48 France AC Electric Motor Market by Sales Type, 2023 - 2030, USD Million
TABLE 49 France AC Electric Motor Market by Output Power, 2019 - 2022, USD Million
TABLE 50 France AC Electric Motor Market by Output Power, 2023 - 2030, USD Million
TABLE 51 France AC Electric Motor Market by End-Use, 2019 - 2022, USD Million
TABLE 52 France AC Electric Motor Market by End-Use, 2023 - 2030, USD Million
TABLE 53 Russia AC Electric Motor Market, 2019 - 2022, USD Million
TABLE 54 Russia AC Electric Motor Market, 2023 - 2030, USD Million
TABLE 55 Russia AC Electric Motor Market by Sales Type, 2019 - 2022, USD Million
TABLE 56 Russia AC Electric Motor Market by Sales Type, 2023 - 2030, USD Million
TABLE 57 Russia AC Electric Motor Market by Output Power, 2019 - 2022, USD Million
TABLE 58 Russia AC Electric Motor Market by Output Power, 2023 - 2030, USD Million
TABLE 59 Russia AC Electric Motor Market by End-Use, 2019 - 2022, USD Million
TABLE 60 Russia AC Electric Motor Market by End-Use, 2023 - 2030, USD Million
TABLE 61 Spain AC Electric Motor Market, 2019 - 2022, USD Million
TABLE 62 Spain AC Electric Motor Market, 2023 - 2030, USD Million
TABLE 63 Spain AC Electric Motor Market by Sales Type, 2019 - 2022, USD Million
TABLE 64 Spain AC Electric Motor Market by Sales Type, 2023 - 2030, USD Million
TABLE 65 Spain AC Electric Motor Market by Output Power, 2019 - 2022, USD Million
TABLE 66 Spain AC Electric Motor Market by Output Power, 2023 - 2030, USD Million
TABLE 67 Spain AC Electric Motor Market by End-Use, 2019 - 2022, USD Million
TABLE 68 Spain AC Electric Motor Market by End-Use, 2023 - 2030, USD Million
TABLE 69 Italy AC Electric Motor Market, 2019 - 2022, USD Million
TABLE 70 Italy AC Electric Motor Market, 2023 - 2030, USD Million
TABLE 71 Italy AC Electric Motor Market by Sales Type, 2019 - 2022, USD Million
TABLE 72 Italy AC Electric Motor Market by Sales Type, 2023 - 2030, USD Million
TABLE 73 Italy AC Electric Motor Market by Output Power, 2019 - 2022, USD Million
TABLE 74 Italy AC Electric Motor Market by Output Power, 2023 - 2030, USD Million
TABLE 75 Italy AC Electric Motor Market by End-Use, 2019 - 2022, USD Million
TABLE 76 Italy AC Electric Motor Market by End-Use, 2023 - 2030, USD Million
TABLE 77 Rest of Europe AC Electric Motor Market, 2019 - 2022, USD Million
TABLE 78 Rest of Europe AC Electric Motor Market, 2023 - 2030, USD Million
TABLE 79 Rest of Europe AC Electric Motor Market by Sales Type, 2019 - 2022, USD Million
TABLE 80 Rest of Europe AC Electric Motor Market by Sales Type, 2023 - 2030, USD Million
TABLE 81 Rest of Europe AC Electric Motor Market by Output Power, 2019 - 2022, USD Million
TABLE 82 Rest of Europe AC Electric Motor Market by Output Power, 2023 - 2030, USD Million
TABLE 83 Rest of Europe AC Electric Motor Market by End-Use, 2019 - 2022, USD Million
TABLE 84 Rest of Europe 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 Europe 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 Europe AC Electric Motor Market share by Sales Type, 2022
FIG 6 Europe AC Electric Motor Market share by Sales Type, 2030
FIG 7 Europe AC Electric Motor Market by Sales Type, 2019 - 2030, USD Million
FIG 8 Europe AC Electric Motor Market share by Output Power, 2022
FIG 9 Europe AC Electric Motor Market share by Output Power, 2030
FIG 10 Europe AC Electric Motor Market by Output Power, 2019 - 2030, USD Million
FIG 11 Europe AC Electric Motor Market share by End-Use, 2022
FIG 12 Europe AC Electric Motor Market share by End-Use, 2030
FIG 13 Europe AC Electric Motor Market by End-Use, 2019 - 2030, USD Million
FIG 14 Europe AC Electric Motor Market share by Country, 2022
FIG 15 Europe AC Electric Motor Market share by Country, 2030
FIG 16 Europe 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.