Top Energy Efficient Motor Companies

The global energy efficient motor market is expected to grow at a CAGR of 8.2% during the forecast period, from an estimated USD 48.52 billion in 2025 to USD 72.06 billion in 2030. The implementation of energy-efficient motors can lower energy consumption significantly. The operations of devices equipped with energy-efficient motors lead to a lesser production of greenhouse gases. The adoption of these motors in various equipment reduces the operation costs and improves industrial operations in terms of energy efficiency. These factors help reduce the life cycle costs for energy-efficient motors compared with traditional electric motors, driving their adoption. Electric motors can be installed in several ways, depending on the application requirements. Two common installation types for electric motors are open drip-proof (ODP) and totally enclosed fan-cooled (TEFC). ODP motors are generally less expensive and suitable for applications where the motor needs to be protected from moisture and dust. TEFC motors are more expensive, but they offer greater protection and are better suited for applications where the motor may be exposed to harsh environments, driving their adoption.

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The energy efficient motor market is characterized by the presence of large international players with operational presence worldwide and local players commanding a strong supply network in the domestic market. Leading players in the energy efficient motor market include Regal Rexnord Corporation (US), ABB (Switzerland), Siemens (Germany), Wolong Electric Group Co., Ltd (China), and Nidec Corporation (Japan). Some key strategies adopted by these players are business expansions and agreements.

For instance, in May 2024, ABB inaugurated a new USD 24 million energy-efficient injection molding facility in Evergem, Belgium, to meet growing demand for smart electrification solutions across Europe. The plant will replace a legacy site from GE Industrial Solutions and produce power distribution enclosures for residential, commercial, and industrial use.

Regal Rexnord Corporation

Regal Rexnord Corporation provides energy efficient motors, with efficiency levels ranging from IE1 to IE5 for various sectors, such as industrial, residential, commercial, and automotive. In recent years, the company has been focusing on expanding its portfolio of energy-efficient motors. It has been investing in research and development to design and manufacture high-performance motors that meet the energy efficiency standards set by various regulatory bodies worldwide. For instance, in September 2023, it announced a definitive agreement to sell its Industrial Motors and Generators businesses, part of its Industrial Systems segment, to WEG for a total consideration of USD 400 million.

ABB

ABB is a company that provides a range of International Electrotechnical Commission (IEC) standard motors designed to meet the high-performance and efficiency requirements of applications. The company invests heavily in research and development in a bid to continuously improve and innovate its energy-efficient motion control offerings to meet the changing needs of its customers. Its latest launch, M3BP motors, is a series of premium efficiency motors for use in food and beverage, pulp and paper, and water and wastewater industries. For instance, in October 2024, it introduced its new brand positioning and tagline, Engineered to Outrun, highlighting its strategic focus on electrification and automation to drive productivity and decarbonization across industries.

Market Ranking

The market of energy-efficient motors is relatively fragmented, where no single player commands more than 20% of the market share. Key Industry leaders include Regal Rexnord Corporation, ABB, Siemens, Wolong Electric Group, and Nidec Corporation, who leverage a significant part of global revenues. These players are known to offer complete sets of motors aimed at satisfying the high energy efficiency levels, such as IE3, IE4, and IE5. Regal Rexnord is a well-established player in North America in terms of commercial and HVAC applications due to its sophisticated motor and drive technology. ABB and Siemens are the global giants whose areas of innovation include intelligent motor systems, digital integration, and automation solutions in industry and process-oriented industries. Wolong is competitive with its prices and increasingly going internationally, especially in Asia and Europe, and Nidec leads the market with higher efficiency motors in automotive, robotics, and household appliances. Several regional and niche competitors compete on customization, low cost, and specific use-cases. The increase in energy prices, sustainability requirements within industries, and government laws affecting motor efficiency are the factors that have been changing the demand and forcing key players to focus on R&D, digitalization, and international expansion plans.

Related Reports:

Energy Efficient Motor Market by Efficiency Level (IE1, IE2, IE3, IE4, IE5), Type (AC, DC), Power Output Rating (<1 kW, 1–2.2 kW, 2.3–375 kW, >375 kW), Application (HVACs, Fans, Pumps, Compressors), End User, and Region - Global Forecast to 2030

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