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North America Alternating Current (AC) Motor Market Size (2024 - 2029)

The North America Alternating Current (AC) Motor market is experiencing growth driven by the increasing emphasis on industry 4.0 and industrial automation within the region. This shift is prompting the manufacturing sector to adopt more efficient products, thereby expanding the market size. The demand for AC motors is significantly influenced by the growing adoption of automation, as companies address supply-chain challenges through nearshoring. The COVID-19 pandemic has further accelerated this trend, highlighting the importance of automation in resuming operations and complying with industry regulations, particularly in the food sector.

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Market Size of North America Alternating Current (AC) Motor Industry

North America Alternating Current (AC) Motor Market
Study Period 2019 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
Historical Data Period 2019 - 2022
CAGR 5.23 %
Market Concentration Medium

Major Players

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*Disclaimer: Major Players sorted in no particular order

North America Alternating Current (AC) Motor Market Analysis

The North America Alternating Current (AC) Motor market is analyzed to grow at a CAGR of 5.23% during the forecast period 2022-2027. In North America, the market for AC motors is primarily driven by the industries' increased focus on industry 4.0. In the region, industrial automation is driving the manufacturing industry toward more efficient products, which is predicted to increase rapidly throughout the forecast period.

  • The growing adoption of automation in the region is majorly contributing to the demand for the AC motors market. Manufacturing is moving closer to the customer as a result of trade tensions and COVID-19. Companies are considering nearshoring with automation as a solution to supply-chain concerns.
  • One particular statistic from the United States demonstrates how automation is assisting firms in resuming operations. Robot orders in the third quarter of 2021 in the United States were up 35% over the same period in 2020, according to the Association for Advancing Automation (A3). Non-automotive sectors account for more than half of the orders.
  • Manufacturers in the food business are increasingly using automation to comply with industry rules and requirements for maintaining product quality. The Food Safety Modernization Act (FSMA) of the Food and Drug Administration, for instance, established laws requiring large food manufacturers to adhere to preventive measures and Current Good Manufacturing Practice (CGMPS) standards.
  • The outbreak of COVID-19 has been a harbinger for industrialists, i.e., a manufacturing recession. A significant slowdown in the sales of AC motors from China disrupted the supply chain across applications, such as equipment, packaging materials, ingredients, and other plant supplies.

North America Alternating Current (AC) Motor Industry Segmentation

The North America Alternating Current(AC) Motor Market is segmented by Type(Induction AC Motors, Synchronous AC Motors), By End-user Industry (Oil & Gas, Chemical & Petrochemical, Power Generation, Water & Wastewater, Metal & Mining, Food & Beverage, Discrete Industries) and Country.

By Type
Induction AC Motors
Single Phase
Poly Phase
Synchronous AC Motors
DC Excited Rotor
Permanent Magnet
Hysteresis Motor
Reluctance Motor
By End-user Industry
Oil & Gas
Chemical & Petrochemical
Power Generation
Water & Wastewater
Power Generation
Metal & Mining
Food & Beverage
Discrete Industries
Other End-user Industries
By Country
United States
Canada
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North America Alternating Current (AC) Motor Market Size Summary

The North America Alternating Current (AC) Motor market is experiencing significant growth, driven by the increasing emphasis on industrial automation and the adoption of Industry 4.0 principles. This trend is particularly evident in the United States, where the demand for AC motors is bolstered by the need for efficient manufacturing processes and the integration of automation solutions to address supply chain challenges. The market is characterized by a strong focus on sectors such as food and beverage, chemical and petrochemical, and discrete industries, which are expanding their operations and investing in advanced motor technologies to meet stringent industry standards and enhance product quality. The oil and gas industry also plays a crucial role in the market, with AC motors being essential for powering drilling rig equipment in both onshore and offshore operations, highlighting the sector's reliance on automation to maintain operational efficiency.

The competitive landscape of the North America AC Motor market is marked by the presence of major players such as Rockwell Automation, ABB Ltd., Siemens AG, Johnson Electric, and Toshiba International Corporation, who are actively engaged in product development and strategic partnerships to expand their market presence. Innovations like WEG's W51 HD motor range and ABB's third-generation Baldor-Reliance RPM AC motors reflect the industry's commitment to enhancing efficiency and sustainability. The market's growth trajectory is supported by the United States' position as a leading consumer of industrial robots, further driving the demand for AC motors across various applications. As the region continues to prioritize automation and technological advancements, the AC motor market is poised for sustained expansion over the forecast period.

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North America Alternating Current (AC) Motor Market Size - Table of Contents

  1. 1. MARKET INSIGHTS

    1. 1.1 Market Overview

    2. 1.2 Industry Attractiveness - Porter's Five Forces Analysis

      1. 1.2.1 Threat of New Entrants

      2. 1.2.2 Bargaining Power of Buyers/Consumers

      3. 1.2.3 Bargaining Power of Suppliers

      4. 1.2.4 Threat of Substitute Products

      5. 1.2.5 Intensity of Competitive Rivalry

    3. 1.3 Value Chain / Supply Chain Analysis

    4. 1.4 Assessment of the Impact of COVID -19 on the Market

  2. 2. MARKET SEGMENTATION

    1. 2.1 By Type

      1. 2.1.1 Induction AC Motors

        1. 2.1.1.1 Single Phase

        2. 2.1.1.2 Poly Phase

      2. 2.1.2 Synchronous AC Motors

        1. 2.1.2.1 DC Excited Rotor

        2. 2.1.2.2 Permanent Magnet

        3. 2.1.2.3 Hysteresis Motor

        4. 2.1.2.4 Reluctance Motor

    2. 2.2 By End-user Industry

      1. 2.2.1 Oil & Gas

      2. 2.2.2 Chemical & Petrochemical

      3. 2.2.3 Power Generation

      4. 2.2.4 Water & Wastewater

      5. 2.2.5 Power Generation

      6. 2.2.6 Metal & Mining

      7. 2.2.7 Food & Beverage

      8. 2.2.8 Discrete Industries

      9. 2.2.9 Other End-user Industries

    3. 2.3 By Country

      1. 2.3.1 United States

      2. 2.3.2 Canada

North America Alternating Current (AC) Motor Market Size FAQs

The North America Alternating Current (AC) Motor Market is projected to register a CAGR of 5.23% during the forecast period (2024-2029)

ABB Ltd., Rockwell Automation Inc., Siemens AG, Johnson Electric and Toshiba Corporation are the major companies operating in the North America Alternating Current (AC) Motor Market.

North America Alternating Current (AC) Motor Report Snapshots

North America Alternating Current (AC) Motor Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)