France Alternating Current (AC) Motor Market Trends

Statistics for the 2023 & 2024 France Alternating Current (AC) Motor market trends, created by Mordor Intelligence™ Industry Reports. France Alternating Current (AC) Motor trend report includes a market forecast to 2029 and historical overview. Get a sample of this industry trends analysis as a free report PDF download.

Market Trends of France Alternating Current (AC) Motor Industry

Poly Phase Induction AC Motors are Expected to Hold Significant Market Share

  • Most large (> one hp or 1 kW) industrial motors tend to be polyphase induction motors. By polyphase, it is implied that the stator consists of multiple distinct windings per motor pole, driven by corresponding time-shifted sine waves. Typically, this is two or three phases.
  • In various industrial applications, ranging from machine tools and printing presses to conveyor systems, two-phase motors find utility for propulsion. They also see applications in household equipment like air conditioners and washing machines. With the prevalence of three-phase electricity in modern electric motors, the popularity of two-phase motors has waned. This shift is largely due to the superior efficiency and smoother operation of three-phase motors, making them increasingly favored across diverse industrial applications.
  • Due to their high motor speed control and torque, three-phase induction motors are used widely. Different high-grade and low-volume industries utilize three-phase motors for constant torque, efficiency, and variable frequency.
  • Moreover, the French strategy for 2030 is to accelerate the reindustrialization of the economy by focusing on the critical role of industrial and DeepTech startups. Among the EUR 30 billion (USD 32.56 billion) of the France 2030 plan, EUR 2.3 billion (USD 2.50 billion) will boost technological and industrial innovation. Under the France 2030 investment plan, it will allocate EUR 800 million (USD 868.22 million) to automation and EUR 400 million to plant modernization. The government plans to invest EUR 7 billion (USD 7.60 billion) in this promising technology by 2030. Such government initiatives in the automation sector further create demand for AC motors.
  • Additionally, several industrial growth projects are underway in the nation, which is predicted to increase demand for AC motors. In 2023, 559 projects recorded targeted by 'France 2030" accounted for 31% of the total investments. Such industrial developments will create a demand for AC motors in the country.
France Alternating Current (AC) Motor Market: Volume of Passenger Cars Produced in France Between 2015 and 2023, by Type

The Discrete Industries Segment is Expected to Hold a Significant Market Share

  • The discrete industries segment, including automotive manufacturing, electronics, and machinery, is expected to hold a significant share of the French AC motor market. France is the major exporter of aircraft, vehicles, electrical machinery, and pharmaceuticals. AC motors find their applications in the manufacture of electronics, ranging from the design and maintenance of simple electrical fuses to complicated programmable logic controllers (PLCs), solid-state devices, and motor drives, which can handle the automation of all types of modern-day electrical and mechanical industrial processes.
  • The increasing production costs and the need for high-quality products at affordable prices have motivated manufacturers in discrete industries to develop automation solutions that enhance productivity in plant operations. As a result, they have been driven to adopt highly efficient power transmission motor technologies.
  • Regarding energy consumption and carbon emissions levels, companies offer environmentally friendly solutions for their technologies and processes in response to the increasing population, escalating environmental challenges, and emerging energy scarcity. The decrease in carbon dioxide emissions by energy-efficient motors and the contribution to a healthier environment are significant factors anticipated to propel the market.
  • France began a national energy-saving strategy, relying on a drive to turn off lighting and decrease temperatures to avert power and gas outages this winter. To achieve carbon neutrality by lowering electricity use by 40% by 2050, the administration has set a goal of decreasing France's energy usage by 10% from 2019 to 2024. These initiatives are expected to increase the demand for AC motors to reduce power wastage, thus boosting the market's growth.
  • Increasing awareness regarding the use of energy-efficient engines and the growing adoption of electric vehicles across the country are anticipated to support the market's growth during the forecast period. In September 2023, Verkor, a French startup firm, secured EUR 850 million (USD 922.49 million) in private financing to construct a gigafactory for electric car batteries, which drives the government's ambitions to reindustrialize the country.
France Alternating Current (AC) Motor Market: Number of New Battery Electric Passenger Car Registrations in France from 2019 to 2023

France Alternating Current (AC) Motor Market Size and Share Analysis - Growth Trends and Forecasts (2024 - 2029)