Us AC Synchronous Motor Market Size By Applications, By Type, By End-User, By Deployment & By Technology 2032
AC Synchronous Motor Market was valued at USD 4.5 Billion in 2022 and is projected to reach USD 6.8 Billion by 2030, growing at a CAGR of 5.5% from 2024 to 2030.
The United States AC synchronous motor market is experiencing significant growth, driven by advancements in industrial automation and a heightened focus on energy efficiency. Synchronous motors, known for their ability to operate at a constant speed in sync with the supply current frequency, are becoming increasingly vital across various sectors.
In my professional experience, industries such as oil and gas, chemical processing, and power generation heavily rely on these motors for their precision and reliability. The market's expansion is evident, with projections indicating a rise from USD 3.60 billion in 2024 to USD 4.20 billion by 2029, reflecting a Compound Annual Growth Rate (CAGR) of 2.75% during this period.
Several factors contribute to this upward trajectory:
Industrial Automation: The surge in automation across manufacturing and processing industries necessitates motors that offer consistent speed and high efficiency. Synchronous motors meet these requirements, making them indispensable in modern automated systems.
Energy Efficiency Mandates: With increasing regulations aimed at reducing energy consumption, industries are transitioning to energy-efficient motor systems. Synchronous motors, with their superior performance, align perfectly with these energy-saving initiatives.
Technological Innovations: The development of smart motors equipped with sensors and IoT capabilities allows for real-time monitoring and control, enhancing operational efficiency and reducing downtime.
From my observations, the adoption of permanent magnet synchronous motors (PMSMs) is particularly noteworthy. These motors offer higher efficiency and power density, making them ideal for applications where space and energy savings are crucial. The global market for AC synchronous motors, including PMSMs, was valued at approximately USD 15.7 billion in 2023 and is projected to reach around USD 28.6 billion by 2032, exhibiting a CAGR of 6.8% during the forecast period.
Regionally, the Far West of the United States is anticipated to witness the highest growth, with a CAGR of 6.2% between 2025 and 2034. This growth is attributed to increased industrialization and technological advancements in the area. The Rocky Mountain and Southwest regions follow closely, with CAGRs of 5.8% and 5.5%, respectively.
In discussions on platforms like Reddit and Quora, industry professionals often highlight the challenges of integrating synchronous motors into existing systems, particularly concerning initial costs and the need for precise control mechanisms. However, the long-term benefits, such as reduced energy costs and enhanced system reliability, are frequently cited as justifications for the investment.
In conclusion, the US AC synchronous motor market is poised for robust growth, driven by industrial demands for precision, energy efficiency, and technological advancements. As industries continue to modernize and prioritize sustainability, the reliance on these motors is expected to intensify, solidifying their role in the nation's industrial landscape.
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ABB
Siemens
General Electric
Rockwell Automation
Toshiba
WEG
Bosch
Johnson Electric
Hitachi
Emerson Electric
Nidec
Arc Systems
AMETEK
Regal Beloit
Franklin Electric
Allied Motion
Maxon Motor
TECO Westinghouse
Dumore Corporation
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global AC Synchronous Motor Market
Classic AC Synchronous Motors
Permanent Magnet Synchronous Motors (PMSM)
Brushless Synchronous Motors
Reluctance Synchronous Motors
Industrial Applications
Commercial Applications
Transportation
Variable Speed Drives
Fixed Speed Drives
Low Power (< 1 kW)
Medium Power (1 kW - 100 kW)
High Power (> 100 kW)
Original Equipment Manufacturers (OEMs)
Aftermarket Users
Energy Service Companies (ESCOs)
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global AC Synchronous Motor Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global AC Synchronous Motor Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global AC Synchronous Motor Market, By Type
6. Global AC Synchronous Motor Market, By Application
7. Global AC Synchronous Motor Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global AC Synchronous Motor Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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