Please Wait.....
Report
Asia-Pacific Induction Motor - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts (2025 - 2030)
Market Report I 2025-04-28 I 120 Pages I Mordor Intelligence
The Asia-Pacific Induction Motor Market is expected to register a CAGR of 4.2% during the forecast period.
Key Highlights
- 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 Market Trends
Industrial Applications to Register Significant Growth Rate
- Three-phase induction motors are used in over 70% of industrial machinery for different applications owing to their several benefits, such as being cost-effective, durable, maintenance-free, and can work in any environmental condition. These motors are used in mining, automotive, oil and gas, healthcare, and manufacturing industries and are part of pumps, lifts, cranes, crushers, conveyors, etc.
- The Japanese government has adopted a plan, 'Rebirth of Japan,' which aims to further boost the manufacturing sector by investing USD 1.3 trillion. This is also expected to be a significant catalyst in the country's transition from traditional manufacturing to advanced manufacturing processes using advanced machinery and a driving force for sustainable growth in the Japanese manufacturing sectors, consequently driving the market studied.
- India has been experiencing steady demand for induction motors in industrial applications. The country has been planning to reach around 175 GW of installed renewable capacity, which includes solar and wind power, by 2022. The country has also planned to derive about 40% of the energy from renewable sources by 2030, which is currently at around 15%. Hence, the demand for an induction motor is expected to grow significantly.
- Moreover, other countries in the region, such as Australia, Singapore, and Australia, are focusing on taking initiatives like industry 4.0 in the region, driving the demand for induction motors by implementing energy-efficient systems in the manufacturing of food and beverage industry, textile and clothing, automotive industry.
China is Expected to Hold Major Share
- The industrial production of China has been showing continuous growth over the past few years, and it is expected to result in new projects and industrial expansions, which, in turn, may drive the demand for induction motors.
- Moreover, with China setting a target to combat climate change by speeding up the reductions in emissions to reach carbon neutrality before 2060, several measures to improve energy efficiency are expected to play a vital role in helping the industry and infrastructure to reduce their emissions.
- The country has recognized the importance of efficient electric motors as a matter of policy, with the launch of a new national standard that requires the motors to have a minimum efficiency level of IE3 coming into effect on June 1, 2021.
- Automakers have been expanding their manufacturing plants in China which is expected to drive the demand for induction motors in the forecast period. For instance, in February 2022, Tesla announced that it is planning to start work on a new plant in Shanghai as a part of a plan to more than double production capacity in China to meet the growing demand for its cars in the country's export markets.
- In addition, China's internal population migration to cities is causing growth in the number of waste water treatment plants to meet the demand. At the beginning of the millennium, China had around 500 municipal wastewater treatment plants, reaching above 4,000.
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.
Additional Benefits:
- The market estimate (ME) sheet in Excel format
- 3 months of analyst support
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
8 INVESTMENT ANALYSIS
9 FUTURE OF THE MARKET
- Not Sure / Need Reassuring
- Confirm Content
-
Content is provided by our partners and every effort is made to make Market Report details as clear as possible. If you are not sure the exact content you require is included in this study you can Contact us to double check. To do this you can:
Use the ‘? ASK A QUESTION’ below the license / prices and to the right of this box. This will come directly to our team who will work on dealing with your request as soon as possible.
Write to directly on support@scotts-international.com with details. Please include as much information as possible including the name of report or link so our staff will be able to work on you request.
Telephone us directly on 0048 603 394 346 and an experienced member of team will be on hand to answer.
-
- Sample Pages
-
With the vast majority of our partners we can obtain Sample Pages to support your decision. This is something we can arrange without revealing your personal details.
It is important to note that we will not be able to provide you the exact data or statistics such as Market Size and Forecasts. Sample pages usually confirm the layout or the Categories included in Charts and Graphs, excluding specific data.
To ask for Sample Pages by contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Check for Alternatives
-
Whilst we try to make our online platform as easy to use as possible there is always the possibility that a better alternative has not been found in your search.
To avoid this possibility Contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346 and a Senior Team Member can review your requirements and send a list of possibilities with opinions and recommendations.
-
- Confirm Content
- Prices / Formats / Delivery
- Prices
-
All prices are set by our partners and should be exactly the same as those listed on their own websites. We work on a Revenue share basis ensuring that you never pay more than what is offered elsewhere.
Should you find the price cheaper on another platform we recommend you to Contact us as we should be able to match this price. You can Contact us though through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Discounts
-
As we work in close partnership with our Partners from time to time we can secure discounts and assist with negotiations, this is part of our personalised service to you.
Discounts can sometimes be arranged for speedily placed orders; multiple report purchases or Higher License purchases.
To check if a Discount is possible please Contact our experienced team through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Available Currencies
-
Most Market Reports on our platform are listed in USD or EURO based on the wishes of our Partners. To avoid currency fluctuations and potential price differentiations we do not offer the possibility to change the currency online.
Should you wish to pay in a different currency to that advertised online we do accept payments in USD, EURO, GBP and PLN. The price will be calculated based on the relevant exchange rate taken from our National Bank.
To pay in a different above currency to that advertised online please Contact our team and a quotation will be sent within a couple of hours with payment details.
-
- Licenses
-
License options vary from Partner to Partner as is usually based on the number of Users that will benefitting from the report. It is very important that License ordered is not breached as this could have potential negative consequences for you individually or your employer.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Global Site License
-
The Global Site License is the most comprehensive license available. By selecting this license, the Market Report can be shared with other ‘Allowed Users’ and any other member of staff from the same organisation regardless of geographic location.
It is important to note that this may exclude Parent Companies or Subsidiaries.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Formats
-
The most common format is PDF, however in certain circumstances data may be present in Excel format or Online, especially in the case of Database or Directories. In addition, for certain higher license options a CD may also be provided.
If you have questions or need clarification about the specific formats we recommend you to Contact us and a detailed explanation will be provided.
-
- Delivery
-
Delivery is fulfilled by our partners directly. Once an order has been placed we inform the partner by sharing the delivery email details given in the order process.
Delivery is usually made within 24 hours of an order being placed, however it may take longer should your order be placed prior to the weekend or if otherwise specified on the Market Report details page. Additionally, if details have been not fully completed in the Order process a delay in delivery is possible.
If a delay in delivery is expected you will be informed about it immediately.
-
- Shipping Charges
-
As most Market Reports are delivered in PDF format we almost never have to add additional Shipping Charges. If, however you are ordering a Higher License service or a specific delivery format (e.g. CD version) charges may apply.
If you are concerned about additional Shipping Charges we recommend you to Contact us to double check.
-
- Prices
- Ordering
- By Credit Card
-
We work in Partnership with PayU to ensure payments are made securely in a fast and effortless way. PayU is the e-payments division of Naspers.
Naspers operates in over 133 International Markets and ranks 3rd Globally in terms of the number of e-commerce customers served.
For more information on PayU please visit: https://www.payu.pl/en/about-us
-
- By Money Transfer
-
If you require an invoice prior to payment, this is possible. To ensure a speedy delivery of the Market Report we require all relevant company details and you agree to maximum payment terms of 30 days from receipt of order.
With our regular clients deliver of the Market Report can be made prior to receiving payment, however in some circumstances we may ask for payment to be received before arranging for the Market Report to be delivered.
-
- By Credit Card
- Security
- Website security
-
We have specifically partnered with leading International companies to protect your privacy by using different technologies and processes to ensure security.
Everything submitted to Scotts International is encrypted via SSL (Secure Socket Layer) and all personal information provided to Scotts International is stored on computer systems with limited access in controlled environments.
-
- Credit Card Security
-
We partner with PayU (https://www.payu.pl/en/about-us) to ensure all credit card payments are made securely in a fast and effortless way.
PayU offers 250+ various payment channels and eWallet services across 4 continents allowing buyers to pay electronically, whether on a computer or a mobile device.
-
- Website security