Asia Pacific Induction Motor Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Report Covers APAC Induction Motor Manufacturers and the market is segmented By Type (Single-phase Induction Motor, Three-phase Induction Motor), by End-User Industry (Oil and Gas, Chemical and Petrochemical, Power Generation, Water and Wastewater, Metal and Mining, Food & Beverage, Discrete Industries) and Country.

Asia Pacific Induction Motor Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Asia Pacific Induction Motor Market Size

View Global Report
Asia-Pacific Induction Motor Market Growth
Study Period 2019 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
Historical Data Period 2019 - 2023
CAGR 4.20 %
Market Concentration Low

Major Players

Asia-Pacific Induction Motor Market Major Players

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of Asia-Pacific Induction Motor Market with other markets in Technology, Media and Telecom Industry

Automation

Digital Commerce

Electronics

Information Technology

Media and Entertainment

Security & Surveillance

Asia Pacific Induction Motor Market Analysis

The Asia-Pacific Induction Motor Market is expected to register a CAGR of 4.2% during the forecast period.

  • The increasing demand for electrical energy to sustain global development requires consistent heavy investments in power supply generation that have driven the application of induction motors in the electricity sector.
  • Moreover, the growing urbanization in emerging economies such as India and China has increased the demand for washing machine, refrigerator, HVAC, pumps, and other applications in which induction motor has a key role in their functioning. For instance, Japanese major player Daikin has announced that it has finished the purchase agreement for a 75-acre plant at Sri City (Andhra Pradesh) with an investment of 1,000 Crore to set up a large air-conditioner manufacturing plant, which will come up in phases.
  • The industrial sector in Asia-Pacific is likely to grow as a result of several initiatives by the government, such as 'Make in China 2025' and 'Make in India,' which will boost the demand for induction motors, thereby driving the growth in the region.
  • The growth in industrialization and commercialization creates more automation opportunities across the region. Also, households have grown exponentially over the last two decades. The United Nations expects that urbanization in Asia will reach 64.1% by 2050. Such factors are further expected to drive demand in several sectors like manufacturing, and power generation, where induction motor finds its application on a large scale. However, introducing alternatives for induction motors is the major restraining factor for the market's growth.
  • Several leading fast-moving electrical goods (FMEG) companies are introducing new products that use induction motors for the product's function. For instance, in March 2022, Havells India Limited announced the launch of a new range of technologically advanced fans equipped with ECOACTIV super-efficient BLDC and induction motors.
  • The Covid-19 pandemic has negatively impacted the region's market growth due to the stoppage of manufacturing industry operations. On the demand side, containment measures and economic disruptions related to covid-19 have led down production and mobility in the region, producing a significant drop in demand for induction motors.

Asia Pacific Induction Motor Industry Overview

The Asia-Pacific induction motor market is fragmented owing to the presence of local and international players that offer induction motors with technological advancements. The key vendors in the market are taking initiatives such as mergers, acquisitions, and product launches to enhance their presence in the market.

  • January 2022 - With efficient solutions in the mining sector, WEG supplied a slip ring motor from the M Mining line, frame 560, 1,300 kW, 3,300 V, four poles, and 50 Hz to drive the ball mill of a mining company in Argentina.

Asia Pacific Induction Motor Market Leaders

  1. Nidec Corporation

  2. Regal Rexnord Corporation

  3. Siemens AG

  4. TMEIC

  5. ABB Ltd

  6. *Disclaimer: Major Players sorted in no particular order
Nidec Corporation, Regal Rexnord Corporation, Siemens AG, TMEIC, ABB Ltd
Need More Details on Market Players and Competiters?
Download PDF

Asia Pacific Induction Motor Market News

  • December 2021 - Nidec Global Appliance has initiated a substantial production capacity expansion. The additional capacity will support variable speed motors under the U.S Motors and Rescue brands, focused on heating, ventilation, and air conditioning (HVAC) systems. The investment of approximately USD 18 million will increase production capacity by 1.5 million units per year.

Asia Pacific Induction Motor Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET INSIGHTS

  • 4.1 Market Overview
  • 4.2 Industry Attractiveness - Porters Five Forces Analysis
    • 4.2.1 Bargaining Power of Suppliers
    • 4.2.2 Bargaining Power of Buyers/Consumers
    • 4.2.3 Threat of New Entrants
    • 4.2.4 Threat of Substitutes
    • 4.2.5 Intensity of Competitive Rivalry
  • 4.3 Industry Value Chain Analysis
  • 4.4 Assessment of Impact of COVID-19 on the Market

5. MARKET DYNAMICS

  • 5.1 Market Drivers
    • 5.1.1 Increasing Need for Higher Energy Efficiency
    • 5.1.2 Rising Need of Power Savings in Residential and Industrial Sectors
  • 5.2 Market Challenges
    • 5.2.1 Availability of Alternative Options

6. SEGMENTATION

  • 6.1 By Type
    • 6.1.1 Single Phase Induction Motor
    • 6.1.2 Three Phase Induction Motor
  • 6.2 By End-user Industry
    • 6.2.1 Oil & Gas
    • 6.2.2 Chemical & Petrochemical
    • 6.2.3 Power Generation
    • 6.2.4 Water & Wastewater
    • 6.2.5 Metal & Mining
    • 6.2.6 Food & Beverage
    • 6.2.7 Discrete Industries
    • 6.2.8 Other End-user Industries
  • 6.3 By Country
    • 6.3.1 China
    • 6.3.2 India
    • 6.3.3 Japan
    • 6.3.4 South Korea
    • 6.3.5 Australia & New Zealand
    • 6.3.6 Rest of Asia-Pacific

7. COMPETITIVE LANDSCAPE

  • 7.1 Company Profiles
    • 7.1.1 ABB Ltd
    • 7.1.2 Nidec Corporation
    • 7.1.3 Siemens AG
    • 7.1.4 Regal Rexnord Corporation
    • 7.1.5 TMEIC
    • 7.1.6 WEG SA
    • 7.1.7 Fuji Electric Co., Ltd.
    • 7.1.8 Kirloskar Electric Company
    • 7.1.9 SEALOCEAN
  • *List Not Exhaustive

8. INVESTMENT ANALYSIS

9. FUTURE OF THE MARKET

**Subject to Availability
You Can Purchase Parts Of This Report. Check Out Prices For Specific Sections
Get Price Break-up Now

Asia Pacific Induction Motor Industry Segmentation

Induction motors are the AC electric motor in which the rotor needed to produce torque is obtained by electromagnetic induction from the rotating magnetic field of the stator winding. These motors are used in various end-use industries with several advantages such as reliability and reducing loads. Also, its lightweight has been making it quite popular and giving it an edge over other motor. The Asia-Pacific Induction Motor Market is segmented By Type, End-user, and Country.

Need A Different Region or Segment?
Customize Now

Asia Pacific Induction Motor Market Research FAQs

What is the current Asia-Pacific Induction Motor Market size?

The Asia-Pacific Induction Motor Market is projected to register a CAGR of 4.2% during the forecast period (2025-2030)

Who are the key players in Asia-Pacific Induction Motor Market?

Nidec Corporation, Regal Rexnord Corporation, Siemens AG, TMEIC and ABB Ltd are the major companies operating in the Asia-Pacific Induction Motor Market.

What years does this Asia-Pacific Induction Motor Market cover?

The report covers the Asia-Pacific Induction Motor Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Asia-Pacific Induction Motor Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Asia Pacific Induction Motor Industry Report

Statistics for the 2025 Asia-Pacific Induction Motor market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Asia-Pacific Induction Motor analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.