Energy-efficient Motor Market SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024 - 2031)
Energy-efficient Motor Market is segmented By Efficiency Level (Super Premium-IE4, Premium-IE3, High-IE2, Standard-IE1), By Application (HVAC, Fans, P....
Energy-efficient Motor Market Size
Market Size in USD
CAGR9.6%
| Study Period | 2024 - 2031 |
| Base Year of Estimation | 2023 |
| CAGR | 9.6% |
| Market Concentration | High |
| Major Players | Johnson Controls Inc., AG Regal, General Electric Company, Bosch Rexroth, Schneider Electric SE |
*Disclaimer: Major players are listed in no particular order.
*Source: Coherent Market Insights
Want to purchase customized report?
please let us know !
please let us know !
Energy-efficient Motor Market Analysis
The energy-efficient motor market is estimated to be valued at USD 60.63 Bn in 2024 and is expected to reach USD 115.41 Bn by 2031, growing at a compound annual growth rate (CAGR) of 9.6% from 2024 to 2031. The energy-efficient motor market is witnessing positive trends such as growing industrial automation and stringent government regulations mandating efficient motors.