Market Overview:
The global high-speed motor market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for energy-efficient and high-performance motors across different applications. In addition, the growing industrialization and urbanization are also contributing to the growth of this market. Based on type, the global high-speed motor market can be segmented into high voltage and low voltage motors. The high voltage segment is expected to account for a larger share of this market in 2018 owing to its higher efficiency as compared to low voltage motors. Based on application, the global high-speed motor market can be divided into machine tools, power generation, compressor, bearings, and other applications.
Product Definition:
A high-speed motor is a type of electric motor that is specifically designed to run at high speeds. These motors are often used in industrial applications where precise control and high power outputs are required. They can also be found in applications such as fans, blowers, and compressors. High-speed motors offer many advantages over standard electric motors, including higher efficiency, smaller size, and greater reliability.
High Voltage:
High voltage (HV) is the difference between electric potential and electric field strength. The HV in high-speed motors is used to provide more power to the windings of a motor, which results in increased speed of the motor.
The growth factor for HV in high-speed motors market is mainly dependent on factors such as growing demand from end users like aerospace & defense, automotive.
Low Voltage:
Low voltage and its usage in high-speed motor market is a new term which came into existence only after the advent of the electronic age. The traditional motors used for applications such as fans, pumps, compressors etc., were of high speed (more than 2000 rpm) and low voltage (less than or equal to 24 V). However, with the advent of electronic devices such as computers, mobile phones etc., there has been an increase in demand for low power consuming devices.
Application Insights:
The global demand for HSM has witnessed a paradigm shift due to the growing need for high-speed motors in applications, which include machine tools, power generation, compressor, bearings and other. The machine tools segment dominated the global market owing to its usage in various industries such as metal cutting machines and drilling machines. In addition, presence of key players with extensive manufacturing facilities coupled with advanced technology is expected to propel industry growth over the forecast period.
Power generation segment is also expected to witness significant growth during the forecast period on account of increasing use of HSM motors in wind turbines and gas turbines among others. Latin America followed by North America are estimated to be major consumers owing to industrialization trends taking place within these regions over recent years.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing demand for high-speed motors in industrial applications, such as machine tools, power generation, and compressors. China accounted for a major share in terms of production and consumption owing to its large manufacturing sector. Moreover, India’s rapidly expanding automotive sector will drive product demand further.
North America is projected to witness significant growth over the next eight years on account of rising investments by governments in R&D activities pertaining to electric vehicles along with growing adoption of motorized transportation across various industries including construction and mining among others.
Growth Factors:
- Increasing demand for electric vehicles
- Growing urbanization and industrialization
- Rising disposable income of consumers
- Technological advancements in motor manufacturing industry
- Stringent government regulations for energy efficiency
Scope Of The Report
Report Attributes
Report Details
Report Title
High-Speed Motor Market Research Report
By Type
High Voltage, Low Voltage
By Application
Machine Tools, Power Generation, Compressor, Bearings, Other
By Companies
GE, ABB, Mitsubishi, Siemens, Emerson, Miedensha, Hitachi, Nidec, Toshiba, Synchrony, Fuji Electric, Danfoss Turbocor, SKF magnetic mechatronics, Regal Beloit, Turbo Power Systems (TPS), LTI Motion
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
236
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global High-Speed Motor Market Report Segments:
The global High-Speed Motor market is segmented on the basis of:
Types
High Voltage, Low Voltage
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Machine Tools, Power Generation, Compressor, Bearings, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- GE
- ABB
- Mitsubishi
- Siemens
- Emerson
- Miedensha
- Hitachi
- Nidec
- Toshiba
- Synchrony
- Fuji Electric
- Danfoss Turbocor
- SKF magnetic mechatronics
- Regal Beloit
- Turbo Power Systems (TPS)
- LTI Motion
Highlights of The High-Speed Motor Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- High Voltage
- Low Voltage
- By Application:
- Machine Tools
- Power Generation
- Compressor
- Bearings
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the High-Speed Motor Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A high-speed motor is a type of electric motor that operates at speeds above 1,000 RPM. These motors are often used in applications where high speed and torque are required, such as in industrial machinery or aircraft engines.
Some of the major players in the high-speed motor market are GE, ABB, Mitsubishi, Siemens, Emerson, Miedensha, Hitachi, Nidec, Toshiba, Synchrony, Fuji Electric, Danfoss Turbocor, SKF magnetic mechatronics, Regal Beloit, Turbo Power Systems (TPS), LTI Motion.
The high-speed motor market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. High-Speed Motor Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. High-Speed Motor Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. High-Speed Motor Market - Supply Chain
4.5. Global High-Speed Motor Market Forecast
4.5.1. High-Speed Motor Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. High-Speed Motor Market Size (000 Units) and Y-o-Y Growth
4.5.3. High-Speed Motor Market Absolute $ Opportunity
5. Global High-Speed Motor Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. High-Speed Motor Market Size and Volume Forecast by Type
5.3.1. High Voltage
5.3.2. Low Voltage
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global High-Speed Motor Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. High-Speed Motor Market Size and Volume Forecast by Application
6.3.1. Machine Tools
6.3.2. Power Generation
6.3.3. Compressor
6.3.4. Bearings
6.3.5. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global High-Speed Motor Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. High-Speed Motor Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global High-Speed Motor Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. High-Speed Motor Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global High-Speed Motor Demand Share Forecast, 2019-2026
9. North America High-Speed Motor Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America High-Speed Motor Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America High-Speed Motor Market Size and Volume Forecast by Application
9.4.1. Machine Tools
9.4.2. Power Generation
9.4.3. Compressor
9.4.4. Bearings
9.4.5. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America High-Speed Motor Market Size and Volume Forecast by Type
9.7.1. High Voltage
9.7.2. Low Voltage
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America High-Speed Motor Demand Share Forecast, 2019-2026
10. Latin America High-Speed Motor Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America High-Speed Motor Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America High-Speed Motor Market Size and Volume Forecast by Application
10.4.1. Machine Tools
10.4.2. Power Generation
10.4.3. Compressor
10.4.4. Bearings
10.4.5. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America High-Speed Motor Market Size and Volume Forecast by Type
10.7.1. High Voltage
10.7.2. Low Voltage
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America High-Speed Motor Demand Share Forecast, 2019-2026
11. Europe High-Speed Motor Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe High-Speed Motor Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe High-Speed Motor Market Size and Volume Forecast by Application
11.4.1. Machine Tools
11.4.2. Power Generation
11.4.3. Compressor
11.4.4. Bearings
11.4.5. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe High-Speed Motor Market Size and Volume Forecast by Type
11.7.1. High Voltage
11.7.2. Low Voltage
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Tpe
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe High-Speed Motor Demand Share, 2019-2026
12. Asia Pacific High-Speed Motor Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific High-Speed Motor Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific High-Speed Motor Market Size and Volume Forecast by Application
12.4.1. Machine Tools
12.4.2. Power Generation
12.4.3. Compressor
12.4.4. Bearings
12.4.5. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific High-Speed Motor Market Size and Volume Forecast by Type
12.7.1. High Voltage
12.7.2. Low Voltage
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific High-Speed Motor Demand Share, 2019-2026
13. Middle East & Africa High-Speed Motor Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa High-Speed Motor Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa High-Speed Motor Market Size and Volume Forecast by Application
13.4.1. Machine Tools
13.4.2. Power Generation
13.4.3. Compressor
13.4.4. Bearings
13.4.5. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa High-Speed Motor Market Size and Volume Forecast by Type
13.7.1. High Voltage
13.7.2. Low Voltage
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa High-Speed Motor Demand Share, 2019-2026
14. Competition Landscape
14.1. Global High-Speed Motor Market: Market Share Analysis
14.2. High-Speed Motor Distributors and Customers
14.3. High-Speed Motor Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. GE
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. ABB
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Mitsubishi
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Siemens
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Emerson
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Miedensha
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Hitachi
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Nidec
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Toshiba
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Synchrony
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Fuji Electric
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Danfoss Turbocor
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. SKF magnetic mechatronics
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Regal Beloit
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Turbo Power Systems (TPS)
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. LTI Motion
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
