With a focus on usability, this report equips professionals with the latest industry insights to stay ahead in the competitive motor management market.
What Is The Projected Market Size & Growth Rate Of The Motor Management Market?
The motor management market size has grown steadily in recent years. It will grow from $3.41 billion in 2024 to $3.58 billion in 2025 at a compound annual growth rate (CAGR) of 4.9%. The growth in the historic period can be attributed to increasing investments in industrial infrastructure, rising demand for HVAC systems, increasing implementation of motor protection systems, rising focus on factory modernization, and increasing adoption of IoT in industrial operations.
The motor management market size is expected to see strong growth in the next few years. It will grow to $4.51 billion in 2029 at a compound annual growth rate (CAGR) of 6.0%. The growth in the forecast period can be attributed to increasing need for remote motor monitoring, growing investment in smart factories, rising demand for reduced operational downtime, rising demand for predictive maintenance solutions, and expanding manufacturing sectors in emerging economies. Major trends in the forecast period include advancement in industrial IoT connectivity, innovation in digital twin technologies for motors, integration of edge computing in motor control systems, advanced automation in manufacturing processes, and innovation in real-time diagnostics and fault detection systems.
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What Is The Crucial Factor Driving The Global Motor Management Market?
The increasing adoption of industrial automation is expected to propel the growth of the motor management market going forward. Industrial automation refers to the use of control systems, such as computers or robots, to handle different industrial processes and machinery without direct human intervention. Industrial automation is increasing due to the growing demand for cost-effective production that minimizes reliance on manual labor while maintaining consistent quality. Motor management plays a crucial role in industrial automation by optimizing the performance, efficiency, and longevity of motors through advanced control, monitoring, and protection systems, enabling seamless integration with automated processes, reducing downtime, and enhancing overall productivity and energy efficiency across diverse manufacturing operations. For instance, in September 2023, according to the International Federation of Robotics, a Germany-based non-profit organization, in 2022, annual installations reached 290,258 units, surpassing the previous record set in 2021 with a 5% growth. Therefore, the increasing adoption of industrial automation is driving the growth of the motor management market.
Segment Covered In The Motor Management Market Report
The motor management market covered in this report is segmented –
1) By Type: Synchronous Motor, Asynchronous Motor
2) By Component: Hardware, Software, Service
3) By Control: Automatic, Semi-Automatic, Manual
4) By Application: Pumps, Compressors, Material Handling, Other Applications
5) By End-User Industry: Metals And Mining, Oil And Gas, Power Generation, Water And Wastewater, Food And Beverages, Agriculture, Chemicals And Petrochemicals, Cement, Other End-User Industries
Subsegments:
1) By Synchronous Motor: Permanent Magnet Synchronous Motor (PMSM), Wound Rotor Synchronous Motor (WRSM), Brushless Synchronous Motor (BSM)
2) By Asynchronous Motor: Induction Motor, Squirrel Cage Induction Motor, Slip Ring Induction Motor
Key Trends Driving Growth In The Motor Management Market
Major companies operating in the motor management market are focusing on advanced innovations, such as in-plane switching (IPS) hard screen technology, to enhance the visibility, durability, and user experience of human-machine interfaces, improving real-time data monitoring and operational efficiency in industrial environments. In-plane switching (IPS) hard screen technology is an advanced display technology that improves color accuracy, contrast, and viewing angles, ensuring clear and reliable visuals in industrial applications. For instance, in April 2025, Schneider Electric SE, a France-based company that specializes in digital automation, launched the new generation of machine motion control Golden Four Piece Set to enhance operational efficiency and flexibility for industrial users. The system is designed with advanced control algorithms, which improve the precision and responsiveness of motors, making it ideal for complex manufacturing operations. The set also features enhanced diagnostic capabilities, allowing for real-time monitoring and predictive maintenance to minimize downtime.
Key Player In The Motor Management Market
Major companies operating in the motor management market are Siemens AG, Schneider Electric SE, Honeywell International Inc., GE Vernova LLC, ABB Ltd., Toshiba Corporation, Eaton Corporation plc, Nidec Corporation, TE Connectivity Ltd., BorgWarner Inc., Danfoss Group, Rockwell Automation Inc., Fuji Electric Co. Ltd., Phoenix Contact GmbH and Co. KG., WEG S.A., Regal Rexnord Corporation, SEW-Eurodrive GmbH and Co. KG., Johnson Electric Holdings Limited, Littelfuse Inc., CG Power and Industrial Solutions Limited, KEB Automation KG
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Global Motor Management Market - Regional Insights:
North America was the largest region in the motor management market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the motor management market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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