North America 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 North America AC Electric Motor Market would witness market growth of 3.9% CAGR during the forecast period (2023-2030).

The US market dominated the North America AC Electric Motor Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $4,743.1 Million by 2030. The Canada market is showcasing a CAGR of 6.2% during (2023 - 2030). Additionally, The Mexico market would register a CAGR of 5.3% during (2023 - 2030).

AC electric motors drive heavy machinery and equipment used in mining, construction, and earthmoving applications. They power excavators, bulldozers, loaders, crushers, and drilling rigs, providing the high torque and rugged performance required for demanding operating conditions in mining sites and construction projects. AC motors offer reliability, durability, and efficiency in challenging environments such as quarries, mines, and construction sites. The expansion of the mining sector provides a growth environment for the market.

Several trends are shaping the market landscape, reflecting industry dynamics, technological advancements, and evolving customer preferences. For instance, integrating smart technologies and internet of things (IoT) capabilities into AC motor systems is gaining momentum. Smart motors with sensors, connectivity features, and advanced analytics enable real-time monitoring, predictive maintenance, and remote diagnostics. These smart motor systems offer insights into motor performance, health, and energy consumption, facilitating proactive maintenance strategies, optimizing operational efficiency, and minimizing downtime.

If Canada’s electronics manufacturing industry expands, there will be a greater need for AC electronic motors, which are a component of many types of manufacturing machinery. These motors are essential for powering conveyor belts, robotic arms, pick-and-place machines, CNC machines, and other automated systems used in electronics assembly. According to the Government of Canada, in 2021, electronics manufacturing revenues reached $15.5 billion compared to $14.4 billion in 2020, an increase of 8.1% in Canada. Total revenues were $17.9 billion in 2021, increasing from $16.3 billion in 2020. In 2021, net revenues reached $2.02 billion compared to $1.96 billion in 2020, or an increase of 3%. Therefore, the growing mining sector and increasing electronics manufacturing in the region drive the market’s growth.

Free Valuable Insights: The 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 U.S., Mexico, Canada, and Rest of North America.

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.

North America 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

• US
• Canada
• Mexico
• Rest of North America

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America AC Electric Motor Market, by Sales Type
1.4.2 North America AC Electric Motor Market, by Output Power
1.4.3 North America AC Electric Motor Market, by End Use
1.4.4 North America 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. North America AC Electric Motor Market by Sales Type
5.1 North America New Sales Market by Region
5.2 North America Aftermarket Market by Region

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

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

Chapter 8. North America AC Electric Motor Market by Country
8.1 US AC Electric Motor Market
8.1.1 US AC Electric Motor Market by Sales Type
8.1.2 US AC Electric Motor Market by Output Power
8.1.3 US AC Electric Motor Market by End-Use
8.2 Canada AC Electric Motor Market
8.2.1 Canada AC Electric Motor Market by Sales Type
8.2.2 Canada AC Electric Motor Market by Output Power
8.2.3 Canada AC Electric Motor Market by End-Use
8.3 Mexico AC Electric Motor Market
8.3.1 Mexico AC Electric Motor Market by Sales Type
8.3.2 Mexico AC Electric Motor Market by Output Power
8.3.3 Mexico AC Electric Motor Market by End-Use
8.4 Rest of North America AC Electric Motor Market
8.4.1 Rest of North America AC Electric Motor Market by Sales Type
8.4.2 Rest of North America AC Electric Motor Market by Output Power
8.4.3 Rest of North America 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 North America AC Electric Motor Market, 2019 - 2022, USD Million
TABLE 2 North America AC Electric Motor Market, 2023 - 2030, USD Million
TABLE 3 North America AC Electric Motor Market by Sales Type, 2019 - 2022, USD Million
TABLE 4 North America AC Electric Motor Market by Sales Type, 2023 - 2030, USD Million
TABLE 5 North America New Sales Market by Region, 2019 - 2022, USD Million
TABLE 6 North America New Sales Market by Region, 2023 - 2030, USD Million
TABLE 7 North America Aftermarket Market by Region, 2019 - 2022, USD Million
TABLE 8 North America Aftermarket Market by Region, 2023 - 2030, USD Million
TABLE 9 North America AC Electric Motor Market by Output Power, 2019 - 2022, USD Million
TABLE 10 North America AC Electric Motor Market by Output Power, 2023 - 2030, USD Million
TABLE 11 North America 1,000 HP up to 10,000 HP Market by Country, 2019 - 2022, USD Million
TABLE 12 North America 1,000 HP up to 10,000 HP Market by Country, 2023 - 2030, USD Million
TABLE 13 North America 10,000 HP up to 20,000 HP Market by Country, 2019 - 2022, USD Million
TABLE 14 North America 10,000 HP up to 20,000 HP Market by Country, 2023 - 2030, USD Million
TABLE 15 North America 20,000 HP up to 30,000 HP Market by Country, 2019 - 2022, USD Million
TABLE 16 North America 20,000 HP up to 30,000 HP Market by Country, 2023 - 2030, USD Million
TABLE 17 North America AC Electric Motor Market by End-Use, 2019 - 2022, USD Million
TABLE 18 North America AC Electric Motor Market by End-Use, 2023 - 2030, USD Million
TABLE 19 North America Industrial Machinery Market by Country, 2019 - 2022, USD Million
TABLE 20 North America Industrial Machinery Market by Country, 2023 - 2030, USD Million
TABLE 21 North America HVAC Market by Country, 2019 - 2022, USD Million
TABLE 22 North America HVAC Market by Country, 2023 - 2030, USD Million
TABLE 23 North America Transportation Market by Country, 2019 - 2022, USD Million
TABLE 24 North America Transportation Market by Country, 2023 - 2030, USD Million
TABLE 25 North America Others Market by Country, 2019 - 2022, USD Million
TABLE 26 North America Others Market by Country, 2023 - 2030, USD Million
TABLE 27 North America AC Electric Motor Market by Country, 2019 - 2022, USD Million
TABLE 28 North America AC Electric Motor Market by Country, 2023 - 2030, USD Million
TABLE 29 US AC Electric Motor Market, 2019 - 2022, USD Million
TABLE 30 US AC Electric Motor Market, 2023 - 2030, USD Million
TABLE 31 US AC Electric Motor Market by Sales Type, 2019 - 2022, USD Million
TABLE 32 US AC Electric Motor Market by Sales Type, 2023 - 2030, USD Million
TABLE 33 US AC Electric Motor Market by Output Power, 2019 - 2022, USD Million
TABLE 34 US AC Electric Motor Market by Output Power, 2023 - 2030, USD Million
TABLE 35 US AC Electric Motor Market by End-Use, 2019 - 2022, USD Million
TABLE 36 US AC Electric Motor Market by End-Use, 2023 - 2030, USD Million
TABLE 37 Canada AC Electric Motor Market, 2019 - 2022, USD Million
TABLE 38 Canada AC Electric Motor Market, 2023 - 2030, USD Million
TABLE 39 Canada AC Electric Motor Market by Sales Type, 2019 - 2022, USD Million
TABLE 40 Canada AC Electric Motor Market by Sales Type, 2023 - 2030, USD Million
TABLE 41 Canada AC Electric Motor Market by Output Power, 2019 - 2022, USD Million
TABLE 42 Canada AC Electric Motor Market by Output Power, 2023 - 2030, USD Million
TABLE 43 Canada AC Electric Motor Market by End-Use, 2019 - 2022, USD Million
TABLE 44 Canada AC Electric Motor Market by End-Use, 2023 - 2030, USD Million
TABLE 45 Mexico AC Electric Motor Market, 2019 - 2022, USD Million
TABLE 46 Mexico AC Electric Motor Market, 2023 - 2030, USD Million
TABLE 47 Mexico AC Electric Motor Market by Sales Type, 2019 - 2022, USD Million
TABLE 48 Mexico AC Electric Motor Market by Sales Type, 2023 - 2030, USD Million
TABLE 49 Mexico AC Electric Motor Market by Output Power, 2019 - 2022, USD Million
TABLE 50 Mexico AC Electric Motor Market by Output Power, 2023 - 2030, USD Million
TABLE 51 Mexico AC Electric Motor Market by End-Use, 2019 - 2022, USD Million
TABLE 52 Mexico AC Electric Motor Market by End-Use, 2023 - 2030, USD Million
TABLE 53 Rest of North America AC Electric Motor Market, 2019 - 2022, USD Million
TABLE 54 Rest of North America AC Electric Motor Market, 2023 - 2030, USD Million
TABLE 55 Rest of North America AC Electric Motor Market by Sales Type, 2019 - 2022, USD Million
TABLE 56 Rest of North America AC Electric Motor Market by Sales Type, 2023 - 2030, USD Million
TABLE 57 Rest of North America AC Electric Motor Market by Output Power, 2019 - 2022, USD Million
TABLE 58 Rest of North America AC Electric Motor Market by Output Power, 2023 - 2030, USD Million
TABLE 59 Rest of North America AC Electric Motor Market by End-Use, 2019 - 2022, USD Million
TABLE 60 Rest of North America AC Electric Motor Market by End-Use, 2023 - 2030, USD Million
TABLE 61 Key Information – WEG Equipamentos Eletricos SA
TABLE 62 Key Information – Toshiba Corporation
TABLE 63 Key Information – General Electric Company
TABLE 64 Key Information – Hitachi, Ltd.
TABLE 65 Key Information – ABB Ltd.
TABLE 66 Key Information – Nidec Corporation
TABLE 67 Key Information – Siemens AG
TABLE 68 Key Information – Kirloskar Electric Co., Ltd.
TABLE 69 Key Information – Schneider Electric SE
TABLE 70 Key Information – Emerson Electric Co.

List of Figures
FIG 1 Methodology for the research
FIG 2 North America 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 North America AC Electric Motor Market share by Sales Type, 2022
FIG 6 North America AC Electric Motor Market share by Sales Type, 2030
FIG 7 North America AC Electric Motor Market by Sales Type, 2019 - 2030, USD Million
FIG 8 North America AC Electric Motor Market share by Output Power, 2022
FIG 9 North America AC Electric Motor Market share by Output Power, 2030
FIG 10 North America AC Electric Motor Market by Output Power, 2019 - 2030, USD Million
FIG 11 North America AC Electric Motor Market share by End-Use, 2022
FIG 12 North America AC Electric Motor Market share by End-Use, 2030
FIG 13 North America AC Electric Motor Market by End-Use, 2019 - 2030, USD Million
FIG 14 North America AC Electric Motor Market share by Country, 2022
FIG 15 North America AC Electric Motor Market share by Country, 2030
FIG 16 North America 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.