Gitnux/Report 2026

Electric Motor Industry Statistics

See how demand keeps tightening around electric motors and drives even as U.S. industrial motor vehicle output slides 1.5% year over year. The page connects the latest 2023 market signals of a $51.2 billion electric motor market and $8.5 billion motor control center market with the cost reality of electricity at about $0.103 per kWh for U.S. industry, showing exactly where efficiency gains like variable speed drives and eco-design translate into lower energy use and emissions.
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November 11, 2026Updated
Electric Motor Industry Statistics
Priya ChandrasekaranWritten by Priya Chandrasekaran·Edited by Leah Kessler·Fact-checked by Rebecca Hargrove
Published ·Updated
How this report is researched
01Editorial Scope

Before any source is gathered, an editor locks the question, what qualifies, and how the piece will be judged.

02Source Research

Search agents collect the source set and pull each data point out with its provenance attached.

Read our full methodology →

Search agents attach provenance to every extracted figure.

Next review: within 31 days

01 Industry overview

The electric motor industry at a glance

The global electric motor market was valued at $212.9 billion in 2025 and is being reshaped by industrial automation, electric vehicles, energy-efficiency rules and demand for lower operating costs.

$212.9B[72]
Global market size, 2025
8.5%[72]
Forecast CAGR, 2026–2033
47.3%[72]
Asia-Pacific share, 2025
$8.2B[16]
ABB Motion revenue, 2025
Market size
The global electric motor market was valued at $212.9 billion in 2025. Grand View Research estimates that the market will reach $229.2 billion in 2026.[72]
Forecast & CAGR
The market is forecast to reach $405.6 billion by 2033, implying an 8.5% compound annual growth rate from 2026 to 2033. Growth is linked to electric-vehicle adoption, factory automation, energy-efficient HVAC and infrastructure investment.[72]
Market share & regions
Asia-Pacific accounted for 47.3% of global electric motor revenue in 2025, making it the largest regional market. Its position reflects concentrated electronics, appliance, automotive and industrial-manufacturing supply chains.[72][73]
Segmentation
The market is commonly segmented by motor type, including AC, DC and hermetic motors; by power output, including fractional-horsepower and integral-horsepower units; and by application, including industrial machinery and motor vehicles. Major end-use areas also include HVAC, appliances, pumps, fans, compressors and renewable-energy equipment.[72][48]
Trends, drivers & challenges
Energy-efficiency regulation is a major replacement and technology driver: the International Energy Agency reported that 71 countries had motor-performance standards in place in 2025, ranging from IE1 to IE4. A 20 kW motor upgraded from IE1 to IE4 can save about 2,850 kWh annually when operated 16 hours per day, while manufacturers face higher technology, materials and compliance costs.[74][48]
Consumer behavior & competition
Industrial customers increasingly evaluate motors on lifetime electricity consumption, controllability, reliability and service support rather than purchase price alone. ABB reported that its Motion business generated $8.2 billion in 2025 and identified Danfoss, Innomotics, Schneider Electric, Siemens, Toshiba, WEG Industries and Wolong as principal competitors.[16]
M&A
M&A activity remains focused on broadening motor, pump and electrification portfolios. In May 2026, Motion & Control Enterprises acquired Tripp Electric Motors to expand pump, motor and process-equipment repair capabilities in Florida; MinebeaMitsumi also disclosed a May 13, 2026 agreement to acquire Panasonic Industry’s automotive motor and automotive cooling-fan motor businesses, with completion scheduled for November 2, 2026.[75][76]
Regulation
In the European Union, Regulation (EU) 2019/1781 covers many single- and three-phase motors from 0.12 kW to 1,000 kW and requires minimum IE2, IE3 or IE4 efficiency levels depending on motor characteristics. In the United States, DOE standards confirmed in 2023 require compliance with new electric-motor efficiency standards from June 1, 2027, while the effective date of the small-electric-motor determination is March 16, 2026.[48][77]
Latest news
A September 4, 2026 report said Nidec identified hundreds of quality-control misconduct cases, adding governance and product-quality risk to the competitive environment for large motor manufacturers. The issue is significant because Nidec is one of the industry’s major global motor producers and the report said its share price had fallen to about half its level five years earlier.[25]

02 Ranking

Top 10 Companies in the Electric Motor Industry

The leading companies in the electric motor industry, ranked on market impact, performance, momentum, innovation and brand popularity.

Updated November 11, 2026 · Next review December 11, 2026

Verdict

ABB leads Gitnux's 2026 electric motor ranking with an Overall score of 9.1, with 2025 Motion revenue of $8.2B and 2025 operating margin of 18.2%. Hitachi is the highest-ranked traction motor systems provider at 9.0, with 2025 revenue growth of 8% and 2025 operating margin of 11%.

Ranked by Overall score · How we score ↓

Editor's top 3 picks

Where to start, by need.

  1. #1 Overall · Leader in industrial motor, drive & generator

    ABB

    CH

    Ranked #1 · 9.1 · Industrial motor, drive & generator

    Why we picked it: Its Motion business supports connected drives and asset-health monitoring across motors and drives.

    See in ranking ↓Visit abb.com ↗

  2. Leader in traction and large motor systems

    Hitachi

    JP

    Ranked #2 · 9.0 · Traction and large motor systems

    Why we picked it: Its Industrial Products unit focuses on large industrial equipment and large-motor sales and maintenance.

    See in ranking ↓Visit hitachi.com ↗

  3. Leader in automotive drive & small motors

    DENSO

    JP

    Ranked #3 · 8.9 · Automotive drive & small motors

    Why we picked it: Its portfolio covers BEV and HEV drive systems and electric power-steering motors.

    See in ranking ↓Visit denso.com ↗

Pick 1 is the #1 company overall. Picks 2 and 3 are the highest-ranked companies in the top 5 that add a new segment.

Full ranking

Sort by
Top 10 companies in the electric motor industry, 2026 – Gitnux ranking
#CompanyOverall ↓Company snapshot
1

ABB

Industrial motor, drive & generator · CH

9.1
2

Hitachi

Traction and large motor systems · JP

9.0
3

DENSO

Automotive drive & small motors · JP

8.9
4

maxon

Precision motors & gearheads · CH

8.9
5

WEG

Industrial motor, drive & generator · BR

8.9
6

MinebeaMitsumi

Small precision, automotive and fan motors · JP

8.7
7

Bosch

Automotive electric motors and e-mobility systems · DE

8.7
8

Yaskawa Electric

Servo motors, drives and motion control · JP

8.6
9

Oriental Motor

Small precision motors and motion systems · JP

8.4
10

Allient

Specialty motors and motion-control systems · US

8.0

How we score

  • Impact (30%): scale and weight in the market (revenue, market share, employees, market position).
  • Performance (20%): recent revenue growth and operating margin; an analyst assessment where a company does not publish them.
  • Momentum (20%): growth trajectory and future potential.
  • Innovation (15%): R&D intensity and how technologically advanced the company is.

Popularity (brand search demand, 15%) counts toward Overall but is not published as a column. Overall leaves out what is not known.

Scale Scores are shown on a 7–10 scale with one decimal; bars start at 7.0.

Cadence Recalculated when new figures are published; next review December 11, 2026.

Independence. Rankings are editorially independent. Scores, ranks, picks and the verdict follow the method above; no company can pay to change them.

Cite this ranking

APA

Priya Chandrasekaran. (2026, February 13). Top 10 companies in the electric motor industry. In Electric Motor Industry Statistics. Gitnux. https://gitnux.org/electric-motor-industry-statistics/#top-companies

report visual · Comparison

Revenue of the largest electric motor companies

Bosch leads with $98.3B in annual revenue (group level, converted to USD).

Bosch$98.3B
Hitachi$71.0B
DENSO$50.5B
MinebeaMitsumi$11.2B
WEG$7.3B
Yaskawa Electric$3.6B
source-verifiedbosch.com · hitachi.com · denso.com · minebeamitsumi.com · ri.weg.net · yaskawa-global.com2026

04 Statistics

Technology & Innovation

Technology & Innovation highlights how AI, IoT and analytics adoption intersects with manufacturing operations. It also quantifies cloud use and proactive data-and-analytics strategies in 2024–2025.

Digital Transformation in the industrial manufacturing sector (sector benchmark)

  • 34% of industrial-manufacturing organizations across 26 countries had achieved return on investment from multiple AI use cases in 2024.[1]
  • 76% of industrial-manufacturing firms across 26 countries reported that their workforce had an appetite to embrace cutting-edge technology in 2024.[1]
  • 24% of companies across the European Industrial Ecosystem had a concrete digital-transformation strategy in 2024.[2]
  • 32% of U.S. industrial-products respondents said their operations-technology investments had delivered expected results in 2024.[3]

Technology Adoption in the industrial manufacturing sector (sector benchmark)

  • 31% of industrial-manufacturing organizations were proactive in advancing modern-delivery technologies, including low-code and no-code, in 2024.[4]
  • 37% of industrial-manufacturing organizations were proactive in advancing AI and automation strategies in 2024.[4]
  • 35% of industrial-manufacturing organizations were proactive in advancing data-and-analytics strategies in 2024.[4]
  • 30% of industrial-manufacturing organizations were proactive in advancing edge-computing strategies in 2024.[4]

Cloud Computing in the industrial manufacturing sector (sector benchmark)

  • 87% of Finnish manufacturing enterprises used cloud computing in 2023.[5]
  • 39% of industrial-manufacturing organizations were proactive in advancing XaaS technologies, including public and multicloud, in 2024.[4]
  • 87% of Australian manufacturing enterprises used cloud computing in 2022.[5]
  • 54% of EU manufacturing enterprises used paid cloud-computing services in 2025, up from approximately 45% in 2023.[6]

Big Data in the industrial manufacturing sector (sector benchmark)

  • 33% of manufacturers surveyed were performing prescriptive analytics in 2024, according to ABI Research’s survey of 461 manufacturing decision makers.[7]
  • 28% of manufacturing survey respondents were implementing big-data processing in 2024.[8]
  • 70% of manufacturers still collected data manually in 2024, according to a Manufacturing Leadership Council survey reported by the National Association of Manufacturers.[9]
  • 67% of manufacturers surveyed in the United States, Germany and Malaysia could collect and analyze data in near real time in 2024.[7]
  • 60% of manufacturers surveyed could collect and normalize data from assets or equipment in 2024, across 461 decision makers in the United States, Germany and Malaysia.[7]
  • 57% of manufacturers used some form of artificial intelligence to analyze collected manufacturing data in 2024.[10]

IoT in the industrial manufacturing sector (sector benchmark)

  • 27.6% of businesses in the European Industrial Ecosystem used Internet of Things technologies in 2024.[2]
  • 35% of manufacturing companies in a Productivity Institute sample had adopted Internet of Things technology, with geography not specified by the source.[11]
  • 11.1% of businesses in the European Industrial Ecosystem used Internet of Things technologies in 2023.[2]
  • 81% of manufacturing leaders surveyed identified data and analytics for process improvement as an important technology use case, while IoT for predictive maintenance ranked among the leading use cases in 2024.[12]

Innovation in the electric motor industry

  • 34.2% of WEG revenue came from sustainable products in 2024, covering the company’s motors, generators, transformers and electric controls businesses.[13]
  • Toyota Motor ranked as the leading research organization for patent-family publications in electric propulsion technologies between 2000 and 2023.[14]
  • BRL607 million was invested by WEG in training and development in 2024 as the motor and electrical-equipment company expanded its technology capabilities.[13]
  • 11,900 international patent families covered electric propulsion technologies in 2023, up from about 900 in 2000, worldwide.[14]
  • 31,126 patent families for electric propulsion technologies were published by Japan between 2000 and 2023.[14]
  • 236 engineers attended Nidec’s engineer upskilling training in FY2024, receiving an average of 7.9 training hours per participant.[15]

05 Statistics

Data & Analytics

Data & Analytics centers on measurement and data governance for connected-drive and predictive-maintenance workflows. It includes operational figures like 30 days of measurement data before instant asset reporting.

Business intelligence in the electric motor industry

  • 7 operating divisions were reviewed in ABB Motion’s monthly business reviews using budget-to-actual variances and annual forecasts.[16]
  • 1 annual performance report was included in ABB’s standard asset-health and condition-monitoring service for connected drives.[17]
  • 30 days of measurement data were required before ABB’s Digital Powertrain could generate an instant asset report for motors or drives.[18]
  • 4 drives were covered by ABB digital monitoring services at a Lafarge Cement site, Switzerland.[17]
  • 3 types of information—performance, reliability and efficiency—were monitored by ABB’s asset-health service for drives.[17]
  • 3-month reporting intervals were used for drive-status and service recommendations at the Lafarge Cement site in Switzerland.[17]

Data analytics in the electric motor industry

  • 1 intelligent ecosystem connected drives, motors and applications in ABB’s Digital Powertrain platform.[19]
  • 4 data streams were explicitly identified in EPRI’s project: vibration, oil sampling, thermography and motor-current-signature analysis.[20]
  • 2 condition-monitoring functions—cumulative KPI views and automated alarm management—were included in ABB’s standard connected-drive package.[17]
  • 11 times was the maximum return on investment achieved by utilities in EPRI’s electric-motor predictive-maintenance project.[20]
  • 3 categories of lifecycle information—health, performance and energy consumption—were made available by ABB’s motor, generator and drive monitoring services.[19]
  • 12 utilities participated in EPRI’s electric-motor predictive-maintenance project, which collected vibration, oil, thermography and current-signature data.[20]

Data Quality in the industrial manufacturing sector (sector benchmark)

  • 41% of manufacturers surveyed distrusted the data used for supply-chain operations in 2025.[21]
  • 51% of manufacturers surveyed said their data was siloed across disparate tools and systems in 2025.[21]
  • 44% of manufacturers surveyed reported that AI projects had failed because of poor data quality in 2025.[21]
  • 61% of manufacturing leaders agreed that poor data quality limited adoption and optimization of emerging technologies in 2025.[22]
  • 30% of manufacturers identified poor data quality as a technical barrier to improving processes in 2025.[22]
  • 54% of manufacturers surveyed had duplicate data in several systems in 2025.[21]

Data Governance in the industrial manufacturing sector (sector benchmark)

  • 58% of manufacturers surveyed assigned primary data-governance responsibility to a C-suite or senior leader in 2024.[10]
  • 61% of manufacturers surveyed had a corporate-wide governance plan, strategy or formal data-management guidelines in 2024.[10]
  • 22% of manufacturers surveyed included data collection, management or analysis in executive incentives, KPIs or business imperatives in 2024.[10]
  • 15% of manufacturers surveyed said their data strategy was entirely aligned with their overall business strategy in 2024.[10]

KPIs in the electric motor industry

  • $210 was the example annual maintenance cost associated with motor failures and repairs in the reliability analysis.[23]
  • 12 hours was the example cumulative repair time for two motor failures over a 50,000-hour lifecycle interval.[23]
  • $21,000 was the example annual production cost associated with motor downtime in the reliability analysis.[23]
  • 25,000 hours was the example mean time between failures for an electric-motor system in the reliability analysis.[23]
  • 8,760 operating hours per year were used in the example calculation of annual motor availability and failure costs.[23]
  • 70.4% was the example annual availability of an electric-motor system after accounting for failures and repair time.[23]

06 Statistics

Strategy & Growth

Strategy & Growth links product development and commercial deployment to segment expansion. It also reports concrete output and investment figures, including WEG’s 2025 net revenue of R$40.8 billion.

Growth in the electric motor industry

  • 55.1% of WEG’s 2024 revenue came from products launched during the previous five years.[24]
  • 30 manufacturing sites in 25 countries support Nidec ACIM’s global expansion strategy; 2025.[15]
  • 18,000 employees work in Nidec ACIM, one of Nidec Group’s largest business units; 2025.[15]
  • 2.3 million motorcycles is Honda’s planned annual Manaus capacity by 2029, illustrating adjacent electric-mobility expansion; 2026.[25]
  • R$40.8 billion was WEG’s net revenue in 2025.[26]
  • 1 million motors per year is the capacity added to WEG’s regional platform through Volt Electric Motor; 2024.[27]

Differentiation in the electric motor industry

  • 3,400 kW is the rated output of each WEG submersible motor designed for dredging operations; 2026.[27]
  • IE5 is the efficiency class targeted by Nidec’s SynRA synchronous-reluctance motor; 2024.[15]
  • 1,000 kW is the peak power differentiating the ABB-NASCAR electric prototype; 2024.[17]
  • 13.1 kg is the mass of YASA’s 550 kW prototype axial-flux motor; 2025.[28]
  • 15% to 18% efficiency improvement was delivered by WEG’s French motor-and-drive replacement project; 2024.[27]
  • 42 kW/kg is the claimed power density of YASA’s 550 kW prototype motor; 2025.[28]

Mergers and acquisitions in the electric motor industry

  • 1 motor-and-actuator business was acquired from Valeo by Nidec as part of its historical expansion; year not stated on the cited page.[15]
  • 1 majority stake in Integral Powertrain was acquired by MiddleGround Capital in 2024; the company makes electric motors, inverters and electric drive units.[29]
  • 30 countries were covered by Aurora Motors’ products when ABB announced its acquisition; 2024.[17]
  • $4 million was Aurora Motors’ annual revenue when ABB announced its acquisition; 2024.[17]
  • 1 Motors & Controls business was acquired from Emerson Electric by Nidec as part of its historical expansion; year not stated on the cited page.[15]
  • $88 million was the enterprise value of WEG’s announced acquisition of Volt Electric Motor in Türkiye; 2024.[27]

Strategic partnerships in the electric motor industry

  • 1 commercialization agreement was signed by WEG and HORSE for their jointly developed range extender; 2024.[27]
  • 1 technological cooperation agreement was signed by WEG and HORSE for range-extender development; 2024.[27]
  • 3,400 kW motors were supplied by WEG under a customer partnership with EN Motors for dredging operations; 2026.[27]
  • 1 MOU was signed between Nidec and Taiwan’s MIRDC for high-efficiency motor-system collaboration; 2024.[15]
  • 1 innovation partnership was launched between ABB and NASCAR for electrification and electric-vehicle charging; 2024.[17]
  • 1 strategic partnership between WEG and SpinDrive integrates active magnetic bearings and IoT monitoring into electric motors; 2026.[27]

07 Statistics

People & Workforce

People & Workforce captures retention, training, and engagement indicators that affect engineering and service capacity. It includes ABB’s 14% employee turnover rate in 2024.

Hiring in the electric motor industry

  • 191 new graduates were hired by Nidec Group companies in Japan in FY2024, including 43 women.[15]
  • 44 employees were newly hired by Nidec Corporation in FY2024, including 6 women.[15]
  • 13.6% of Nidec Corporation’s newly hired employees were women in FY2024.[15]
  • 58 new graduates were hired by Nidec Corporation in FY2024, including 6 women.[15]

Employee retention in the electric motor industry

  • 12.4 years was Nidec Corporation’s average length of employment in FY2024.[15]
  • 89% of Regal Rexnord associates worldwide participated in the company’s 2025 associate-engagement survey.[30]
  • 14% was ABB’s employee turnover rate in 2024, representing 15,538 employees who left during the reporting period.[16]
  • 70% of Regal Rexnord vice presidents and directors participated in a leadership pulse survey in 2024.[30]

Remote Work in the industrial manufacturing sector (sector benchmark)

  • Across U.S. manufacturing, 36.9% of workers could work at home and 33.3% actually did so during 2024–2025.[31]
  • Across U.S. manufacturing, 19% of workers worked remotely, including hybrid and fully remote arrangements, during October 2023–September 2024.[32]
  • Across U.S. manufacturing, teleworked hours represented 12.2% of total hours worked in 2025.[31]
  • Across U.S. manufacturing, 35.2% of surveyed workers reported remote work in the Chicago Fed Survey of Economic Conditions from July 2021 through March 2024.[33]

Hybrid Work in the industrial manufacturing sector (sector benchmark)

  • Across manufacturing employers, 80% said their organizations were still struggling to balance hybrid working in 2025.[34]
  • Across manufacturing companies, 79% operated a hybrid model for non-production employees in 2025.[35]
  • Across manufacturing companies, 17% were fully back in the office for non-production employees in 2025.[35]
  • Across manufacturing companies, the average required office attendance reached 2.82 days per week in the second quarter of 2025.[35]
  • Across manufacturing employees, 80% believed office mandates reflected a lack of trust that employees would be productive at home in 2025.[34]

Upskilling in the electric motor industry

  • 14.9 training hours per employee were recorded by Nidec Corporation in FY2024.[15]
  • 52.5% of Nidec Corporation employees reported having a career plan in mind in FY2024.[15]
  • 17,507 yen per employee was Nidec Corporation’s training expenditure in FY2024.[15]
  • 236 participants completed Nidec’s engineer upskilling training in FY2024.[15]
  • 81 participants completed Nidec’s specific technical-skills education in FY2024, averaging 7.7 hours each.[15]

Employee Engagement in the industrial manufacturing sector (sector benchmark)

  • Across manufacturing companies, 25% of respondents did not know whether their frontline workforce was engaged in 2023.[3]
  • Across manufacturing, distribution and storage organizations, the average employee-engagement score was 72.9% in 2026.[36]
  • Across manufacturing companies, 48% of respondents said most frontline workers were engaged in their jobs in 2023.[3]
  • Across manufacturing, distribution and storage organizations, 84.2% of employees said they cared about their organization’s future in 2026.[36]
  • Across manufacturing companies, 70% of respondents said most non-frontline employees were engaged in their jobs in 2023.[3]

DEI in the electric motor industry

  • 2.79% was Nidec Corporation’s employment ratio for people with disabilities in FY2024.[15]
  • WEG launched a Diversity, Equity and Inclusion Policy in 2024 for its global workforce in motors and electrical equipment.[13]
  • 100% of WEG employees had access to the company’s whistleblower channel in 2024.[13]

08 Statistics

Customer & Sales

Customer & Sales quantifies what buyers and service customers weigh when selecting motors and maintenance providers. It also includes 2026 criteria such as 43% prioritizing delivery time.

Customer experience in the electric motor industry

  • 31% of electric-motor buyers ranked price among their top three replacement-motor purchasing criteria in 2026.[37]
  • 43% of electric-motor buyers ranked delivery time among their top three replacement-motor purchasing criteria in 2026.[37]
  • 30% of electric-motor service customers ranked application and engineering expertise among their top three criteria for selecting an outside maintenance provider in 2026.[37]
  • 74.9 points was the average customer-satisfaction score recorded by LS ELECTRIC across approximately 180 customers and 15 categories in 2025.[38]
  • 80 or higher was Garrett Motion’s customer-satisfaction Net Promoter Score in 2025.[39]

Customer retention in the electric motor industry

  • More than 10 years was the average tenure of EuroGroup Laminations’ five largest industrial customers in 2023.[40]
  • 71% was the electric-vehicle loyalty rate for Tesla households in S&P Global Mobility’s 2026 U.S. analysis, indicating likely repeat EV acquisition.[41]
  • 100% was EuroGroup Laminations’ reported customer-retention rate for its EV and automotive business since 2019.[40]
  • 42.5% was the electric-vehicle loyalty rate for non-Tesla EV households in S&P Global Mobility’s 2026 U.S. analysis.[41]
  • 80% of EuroGroup Laminations’ booked EV and automotive revenue was generated as sole supplier in the company’s 2023 presentation.[40]

Customer acquisition in the electric motor industry

  • 58% of motor-and-drive buyers said alignment between a brand’s product or service and project requirements influenced selection in 2025.[42]
  • 44% of electric-motor service customers used referrals from friends or colleagues to find providers in 2026.[37]
  • 95% of motor-and-drive buyers surveyed by Control Engineering in 2025 were open to exploring new brands for their next purchase.[42]
  • 50% of motor-and-drive buyers said product quality influenced brand selection in 2025.[42]
  • 48% of electric-motor service customers used internet searches to find service providers in 2026.[37]

Customer loyalty in the electric motor industry

  • 52% of motor-and-drive buyers cited technical and customer support as a selection factor in 2025.[42]
  • 33% of motor-and-drive buyers cited previous brand experience as a selection factor in the 2024 Control Engineering study.[42]
  • 53% of motor-and-drive buyers cited previous experience with the brand as a selection factor in 2025.[42]
  • 48% of motor-and-drive buyers cited easier integration with existing products as a selection factor in 2025.[42]

Lead generation in the electric motor industry

  • 43% of facilities reported that the number of electric motors repaired had increased during the previous two years in the 2026 EASA study.[37]
  • 39% of electric-motor service customers used social media to find service providers in 2026.[37]
  • 40% of electric-motor service customers used the EASA website to find service providers in 2026.[37]

09 Statistics

Marketing & Brand

Marketing & Brand shows how discovery and energy-savings expectations shape demand signals. It also reports 2026 finding methods like 48% using internet searches for service providers.

Marketing in the electric motor industry

  • 65% of motor-and-drive professionals said they were looking for energy-saving motor and drive technologies in the next few years in 2025.[42]
  • $818,289 was GreenPower Motor Company’s sales-and-marketing expense for the year ended March 31, 2023.[43]
  • $661,426 was GreenPower Motor Company’s sales-and-marketing expense for the year ended March 31, 2024.[43]
  • $997,772 was GreenPower Motor Company’s sales-and-marketing expense for the year ended March 31, 2025.[43]

Digital marketing in the electric motor industry

  • 48% of electric-motor service customers used internet searches to find providers in 2026, making search the most-used discovery method in the EASA study.[37]
  • 2,191 followers were listed for Ramco Electric Motors on LinkedIn when the company profile was crawled in 2026.[44]
  • 777 followers were listed for LEESON Motors on LinkedIn when the company profile was crawled in 2026.[44]
  • 39% of electric-motor service customers used social media to find providers in 2026.[37]
  • 7,670 followers were listed for OME Electric Motors on LinkedIn when the company profile was crawled in 2026.[44]

Branding in the electric motor industry

  • 53% of motor-and-drive buyers cited previous experience with the brand when selecting products in 2025.[42]
  • 50% of motor-and-drive buyers cited product quality when selecting products in 2025.[42]
  • 58% of motor-and-drive buyers cited alignment between the brand’s product or service and project requirements when selecting products in 2025.[42]
  • 52% of motor-and-drive buyers cited technical and customer support when selecting products in 2025.[42]

Social media in the electric motor industry

  • 4.28% was the average share of employees posting company content on social media across the electrical and electronic manufacturing sector in May 2024.[45]
  • 33.64% was the decrease in employee social-content sharing from DSMN8’s previous August 2023 electrical and electronic manufacturing report to May 2024.[45]
  • 13.91% of ChargePoint employees shared company content on social media in DSMN8’s May 2024 electrical and electronic manufacturing leaderboard.[45]
  • 39% of electric-motor service customers cited social media as a method for finding service providers in 2026.[37]

Influencer Marketing in the industrial manufacturing sector (sector benchmark)

  • Across B2B companies, 43% of marketers planned to increase influencer investment in the following year in 2025; global survey scope.[46]
  • Across B2B companies, 55% of marketers used influencers in 2025, providing a benchmark applicable to industrial manufacturing marketers.[46]
  • Among manufacturing marketers using paid channels, 19% used influencer marketing in the 12 months covered by the 2025 outlook survey; global manufacturing, survey conducted June–August 2024.[47]
  • Across B2B companies, 28% ranked thought leaders or industry analysts as the most effective influencer type in 2025; global survey scope.[46]
  • Across B2B companies, 29% of marketers planned to adopt influencer marketing within the following year in 2025; global survey scope.[46]

10 Statistics

Operations & Execution

Operations & Execution focuses on efficiency outcomes and real-world motor lifecycle and failure economics. It includes an example annual motor availability of 70.4% after accounting for failures and repair time.

Process optimization in the electric motor industry

  • 88.8% was the average efficiency of electric motors in use in the EU27 in 2020, calculated from 1,177 TWh of mechanical output and 1,326 TWh of electricity input.[48]
  • 22% lower motor energy losses were recorded in 2020 than in 1990 for electric motors covered by EU ecodesign requirements.[48]
  • 4–6 TWh per year could be saved globally by applying ABB’s 0.2-percentage-point efficiency improvement across the installed base of industrial motors and generators.[17]
  • 7% lower motor energy losses were attributed to EU ecodesign measures in 2020.[48]

Operational efficiency in the electric motor industry

  • 53% of EU27 electricity consumption was used by electric motors covered by the ecodesign regulation in 2020.[48]
  • More than 50% of industrial motors are estimated to be over 10 years old, while almost 25% are over 20 years old.[49]
  • 30 TWh of annual electricity use could be reduced by replacing the worst-performing 10% of motors worldwide with IE3- and IE4-level motors.[49]

Quality management in the electric motor industry

  • 7.1% was the increase in Johnson Electric’s valid customer complaints as a ratio of sales in FY2023/24.[50]
  • 9% was the increase in Johnson Electric’s internal defect costs related to in-process failures as a ratio of sales in FY2023/24.[50]
  • 844 quality-control misconduct cases were identified by Nidec’s investigation covering the previous decade.[25]
  • Zero product-safety and non-compliance incidents and zero health- or safety-related product recalls were reported by Johnson Electric in FY2023/24.[50]
  • 1,088 valid customer complaints were received by Johnson Electric in FY2023/24, with complaints including faulty motors and incorrect or missing labels.[50]

Supply chain in the electric motor industry

  • 85–90% of global neodymium-iron-boron and samarium-cobalt magnet output came from China in 2023, according to the cited industry estimates.[51]
  • 70% of global rare-earth production was mined in China in 2023.[51]
  • Over 90% of EV traction motors currently use NdFeB permanent-magnet designs, according to a 2025 technical assessment.[52]
  • About 1–2 kilograms of NdFeB magnets are used in each traction motor of most electric vehicles with permanent-magnet synchronous motors.[51]
  • More than 86% of EV traction motors worldwide contained rare-earth magnets in 2024.[51]

Outsourcing / Offshoring in the industrial manufacturing sector (sector benchmark)

  • Across global manufacturing, 73% of executives in 2025 believed friendshoring would represent a significant share of future sourcing and production.[53]
  • Across EU enterprises engaged in international sourcing during 2021–2023, 37% operated in manufacturing, the largest sector share among sourcing enterprises.[6]
  • Across global manufacturing, executives expected offshore facilities to decline to 28% within three years of 2025, while onshore facilities rise to 48%.[53]
  • Across global manufacturing, 37% of facilities were offshore in 2024, compared with 41% onshore and 22% nearshore.[53]
  • Across global manufacturing, 56% of executives in 2025 said their organization had invested in nearshoring or a combination of reshoring and nearshoring.[53]

11 Statistics

Finance & Pricing

Finance & Pricing tracks margin pressure and cost-mix effects that influence pricing discipline. It includes Johnson Electric’s FY2024/25 total sales of $3.6 billion and operating profit margin of 8.4%.

Pricing strategy in the electric motor industry

  • $139.3 million of Johnson Electric’s FY2024/25 sales decline was attributed to volume and price reductions and mix changes.[54]
  • $111.7 million of Johnson Electric’s FY2024/25 sales decline came from volume, price and mix changes in its Automotive Products Group.[54]
  • 5.5% was Standard Motor Products’ operating margin in 2024, after pricing increases helped offset higher materials, labor and tariff costs.[52]
  • $27.6 million of Johnson Electric’s FY2024/25 sales decline came from volume, price and mix changes in its Industry Products Group.[54]

Cost reduction in the electric motor industry

  • 7% is Johnson Electric’s annual target reduction in internal defect cost as a ratio of sales through 2028.[50]
  • $123.7 million, or 6.0%, was the increase in Regal Rexnord’s gross profit in 2024, including productivity and acquisition-related cost synergies.[55]
  • $129.2 million, or 7.6%, was the decrease in Regal Rexnord’s operating expenses in 2024 compared with 2023.[55]
  • $208.1 million was the reduction in Regal Rexnord operating expenses associated with divesting its industrial motors and generators businesses in 2024.[55]

Profitability in the electric motor industry

  • $263 million was Johnson Electric’s net income in FY2024/25, while total sales were $3.6 billion.[50]
  • $285.3 million was Johnson Electric’s operating profit in FY2023/24.[54]
  • 8.4% was Johnson Electric’s operating profit margin in FY2024/25, compared with 7.5% in FY2023/24.[54]
  • $423.321 million was Standard Motor Products’ gross profit in 2024, equal to a 28.9% gross margin.[52]
  • $80.624 million was Standard Motor Products’ operating income in 2024, equal to a 5.5% operating-income margin.[52]

Financial planning in the electric motor industry

  • $157.5 billion was General Motors’ North American automotive revenue in 2024, while total automotive revenue was $171.6 billion.[52]
  • 5.0% was Regal Rexnord’s organic sales decline in 2024, while acquisition growth contributed 7.5%.[55]
  • $15.875 billion was General Motors Financial revenue in 2024, supported by higher finance-charge income and investment income.[52]
  • $342.7 million was Standard Motor Products’ total operating expense in 2024, including $48.5 million of supply-chain financing expenses.[52]
  • $6.0338 billion was Regal Rexnord’s net sales in 2024, including $2.5981 billion from Industrial Powertrain Solutions.[55]

12 Statistics

Product & Service

Product & Service quantifies motor repairability, rewinds, and monitoring-linked reporting intervals. It also lists ABB Motion 2024 revenue of $7.8 billion across motors, drives and traction solutions.

Product development in the electric motor industry

  • 115 electric traction motors installed in 80 vehicles from 2019–2025 were analyzed in a comparative product-design study, China, Europe and the United States.[56]
  • R$1.0825 billion was invested in research and development by WEG in 2024, globally.[24]
  • 1,500-plus product lines were included in WEG’s portfolio in 2024, globally.[24]
  • R$1.084 billion was invested in research and development by WEG in 2024, Brazil.[27]
  • More than 350 professionals work at Nidec Leroy-Somer’s Lexington design and production facility in Tennessee, United States.[15]

Product lifecycle in the electric motor industry

  • 56% of more than 4,100 Swiss industrial electric motors had exceeded their expected operating lifetime.[57]
  • 68% of more than 4,100 Swiss industrial electric motors were oversized for their applications.[57]
  • 32,000 operating hours was the assumed average repair interval for NEMA Design A, B and C medium motors in the United States.[58]
  • 40,000 hours was the estimated average mechanical lifetime for polyphase small electric motors in the United States, according to DOE analysis.[59]
  • 30,000 hours was the estimated average mechanical lifetime for CSCR small electric motors in the United States, according to DOE analysis.[59]

After-sales in the electric motor industry

  • 79% of electric motors considered for repair were repairable, while 21% were replaced, according to an EASA study.[60]
  • 30% of repaired electric motors required electrical rewinds in the EASA study.[60]
  • 49% of repaired electric motors required mechanical repairs in the EASA study.[60]
  • Approximately 7,200 annual motor rewinds were reported by the 16 interviewed service centers in the United States.[61]
  • 25% of repairs involved rewinds among service centers interviewed in the later U.S. study, down from 46% two years earlier.[61]

Value proposition in the electric motor industry

  • $7.8 billion was ABB Motion’s revenue in 2024 from motors, drives, generators, traction solutions and related services, globally.[16]
  • 135-plus countries received WEG products in 2024, including electric motors and associated systems.[24]
  • 22,400 employees worked in ABB Motion in 2024, supporting its global motor and drive value proposition.[16]
  • R$38.0 billion was WEG’s net revenue in 2024, with electric motors, drives, automation and related products among its core businesses.[27]
  • 57% of WEG’s 2024 revenue came from external markets, demonstrating the company’s international customer reach.[27]

13 Statistics

Sustainability & Ethics

Sustainability & Ethics measures renewable-energy sourcing and emissions reporting relevant to motor lifecycle decisions. It also includes WEG’s 66.8% renewable energy consumption in 2024.

Sustainability in the electric motor industry

  • 66.8% of WEG’s energy consumption came from renewable sources in 2024 across its operations.[27]
  • 260 global greenhouse-gas-reduction projects had been approved by WEG by 2024.[27]
  • More than 1,200 sustainability projects were being implemented by WEG in 2024, including electric-forklift replacement and process modernization.[26]
  • 40% renewable-energy use by FY2025 is a sustainability target of Nidec Drives.[62]
  • 880 suppliers were engaged by WEG in sustainable practices in 2024 globally.[27]

ESG in the electric motor industry

  • 52.0% was Siemens’ EU Taxonomy revenue-alignment rate in fiscal 2025.[63]
  • 22.6% of ABB’s senior-management roles were held by women in 2025.[19]
  • 78% was Siemens’ global inclusion score in fiscal 2025.[63]
  • 268,758 kilotonnes of total greenhouse-gas emissions were reported by Nidec for FY2024 across Japan and 10 overseas subsidiaries.[15]
  • 13.6% was Nidec’s renewable-energy introduction ratio in FY2024 globally.[15]

Ethics in the electric motor industry

  • 151 disciplinary measures for compliance violations were imposed by Siemens in fiscal 2025 worldwide.[64]
  • 62% of Siemens’ relevant applications were covered by its Zero Trust cybersecurity program in fiscal 2025.[63]
  • 50,000 people are targeted for anti-corruption training through the Siemens Integrity Initiative by 2030.[63]
  • 30 collective-action initiatives are targeted by Siemens through its Integrity Initiative by 2030.[63]
  • 25% progress had been recorded by Siemens toward its 2030 Integrity Initiative target in fiscal 2025.[63]

CSR in the electric motor industry

  • 80/100 was ABB’s employee-engagement score in 2025.[19]
  • 2.0% was Siemens’ globally adjusted pay gap in fiscal 2025.[63]
  • 0.22 was Siemens’ globally aggregated Lost Time Injury Frequency Rate in fiscal 2025.[63]
  • 1,123,000 people had been reached by Siemens’ digitalization and sustainability learning offerings by fiscal 2025.[63]
  • 100% of Siemens employees globally had access to its Employee Assistance Program in fiscal 2025.[63]

Circular economy in the electric motor industry

  • 81% of ABB’s operational waste was recycled in 2025.[17]
  • 5.3% of ABB’s total operational waste was sent to landfill in 2025.[19]
  • 42% reduction in material use can be achieved through additive manufacturing applications described by Baker Hughes in 2024.[65]
  • 32.6% of Baker Hughes’ operational waste was recycled in 2024, including waste from its electric-motor-related industrial operations.[65]
  • 48,498 tonnes of Nidec waste went to final disposal in FY2024.[15]

Carbon footprint in the electric motor industry

  • 11,700,000 tonnes of CO2 emissions were cumulatively reduced through Nidec EV traction-motor systems from FY2020 to FY2025.[15]
  • 751 kilotonnes of market-based Scope 2 emissions were reported by Nidec for FY2024.[15]
  • 135 kilotonnes of Scope 1 emissions were reported by Nidec for FY2024.[15]
  • 268,758 kilotonnes of total greenhouse-gas emissions were reported by Nidec for FY2024.[15]
  • 267,872 kilotonnes of Scope 3 emissions were reported by Nidec for FY2024.[15]

15 Statistics

Globalization & Expansion

Globalization & Expansion details manufacturing footprint and cross-border distribution that affects lead times and availability. It includes WEG’s coverage across 135 countries in 2025.

Globalization in the electric motor industry

  • Volt Electric Motor exports mainly to Europe, the Middle East and Central Asia; 2024.[27]
  • 25 countries host Nidec Appliance, Commercial and Industrial Motors manufacturing sites; 2025.[15]
  • Nearly 2,300 people worked at Nidec ACIM’s four major facilities in China; 2025.[15]
  • 30 countries distribute Aurora Motors products, according to ABB’s acquisition announcement; 2024.[17]
  • 104,285 people were employed by Nidec on a consolidated basis as of March 31, 2025.[15]

Cultural adaptation in the electric motor industry

  • 1 second Neemrana factory building was opened by Nidec India in December 2024.[15]
  • 191 new graduates were hired by Nidec Group companies in Japan during FY2024.[15]
  • 18.1 paid days off were taken on average by Nidec’s non-consolidated employees in FY2024.[15]
  • 3 R&D centers for motors, electronic control and mechanical transmission were established by WEG in China; 2025.[24]
  • 25,553 hours of training were recorded for Nidec’s non-consolidated workforce in FY2024.[15]

Supplier management in the electric motor industry

  • 13 three-phase asynchronous motors and 13 low-voltage variable-frequency drives were replaced by WEG and Mi2V in France; 2024.[27]
  • 15% to 18% efficiency improvement was achieved after WEG and Mi2V replaced motors and drives at a French energy company; 2024.[27]
  • 3,400 kW is the rated power of each of three WEG submersible motors supplied to EN Motors; 2026.[27]
  • $4 million was Aurora Motors’ reported annual revenue when ABB announced its acquisition; 2024.[17]
  • 30 years is the length of WEG’s partnership with EN Motors for dredging applications; 2026.[27]

Stakeholder management in the electric motor industry

  • 30 ABB chargers are planned for NASCAR’s U.S. headquarters in Daytona under the partnership; 2025.[19]
  • 78 kWh is the capacity of the liquid-cooled battery in the ABB-NASCAR prototype; 2024.[17]
  • 1 global EPC customer received 23 WEG motors for a Texas blue-ammonia project; 2025.[27]
  • 1 Taiwanese research institution, MIRDC, signed an MOU with Nidec on high-efficiency motor systems; 2024.[15]
  • 1,000 kW is the peak power of the ABB-NASCAR electric stock-car prototype; 2024.[17]

Distribution channels in the electric motor industry

  • 1 Shanghai engineering and operations site formed part of Aurora Motors’ business acquired by ABB; 2024.[17]
  • 25 countries contain Nidec ACIM manufacturing sites supporting its global sales channel; 2025.[15]
  • 3 WEG motor, electronic-control and mechanical-transmission R&D centers operate in China; 2025.[24]
  • 135 countries are covered by WEG’s commercial presence; 2025.[26]
  • 18 countries contain WEG manufacturing units supporting its distribution network; 2025.[26]

Key questions about the Electric Motor Industry

What was the global electric motor market value in 2025?
The global electric motor market was valued at $212.9 billion in 2025.
What growth rate is forecast for 2026–2033, and where is the market forecast to land by 2033?
The forecast CAGR for 2026–2033 is 8.5%. The market is forecast to reach $405.6 billion by 2033.
Which companies lead the electric motor industry?
ABB leads Gitnux's 2026 electric motor ranking with an Overall score of 9.1, with 2025 Motion revenue of $8.2B and 2025 operating margin of 18.2%. Hitachi is the highest-ranked traction motor systems provider at 9.0, with 2025 revenue growth of 8% and 2025 operating margin of 11%.
Which efficiency or regulation forces are most likely to affect replacement cycles?
Energy-efficiency regulation drives replacement: the International Energy Agency reported 71 countries with motor-performance standards in 2025, and the EU requires minimum IE2, IE3 or IE4 levels depending on motor characteristics.
How is the market structured by region in 2025?
Asia-Pacific accounted for 47.3% of global electric motor revenue in 2025.
What technology shifts show up as demand drivers in the market?
The trends include variable-speed drives gaining share and EV adoption lifting traction-motor demand.
Reference

Cite This Report

This report is designed to be cited. We maintain stable URLs and versioned verification dates. Copy the format appropriate for your publication below.

APA
Priya Chandrasekaran. (2026, February 13). Electric Motor Industry Statistics. Gitnux. https://gitnux.org/electric-motor-industry-statistics
MLA
Priya Chandrasekaran. "Electric Motor Industry Statistics." Gitnux, 13 Feb 2026, https://gitnux.org/electric-motor-industry-statistics.
Chicago
Priya Chandrasekaran. 2026. "Electric Motor Industry Statistics." Gitnux. https://gitnux.org/electric-motor-industry-statistics.

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