Top 10 Electric Motor Manufacturers in the World 2024
The current status and importance of the global motor manufacturing industry can be described in detail from multiple aspects.
Present situation of Electric Motor Manufacturers in the World
The global motor market is expanding in size. In 2021, the global motor industry market size will reach US$150.5 billion, and is expected to reach US$232.5 billion by 2028, with a compound annual growth rate of 6.4%. The global motor market size in 2023 will be US$128.35 billion, and is expected to reach US$137.12 billion in 2024 and US$246.59 billion by 2032. The compound annual growth rate during the forecast period will be 7.61%.
The motor manufacturing industry is transforming towards intelligence and energy conservation. Although the technology of ordinary low-voltage motors is relatively mature, there are still many technical thresholds in the fields of high-power high-voltage motors, motors for special environmental applications, and ultra-efficient motors. In recent years, motor technology has undergone revolutionary changes, and new motors such as permanent magnet synchronous motors, induction motors, and switched reluctance motors have emerged, which have higher efficiency and better speed regulation performance.
The top ten representative electrical machinery companies in the world include Siemens, Toshiba, ABB Group, Nippon Electric Power Corporation, Rockwell Automation, AMETEK, Regal Beloit, Johnson Group, Franklin Electric and Allied Motion, mostly located in Europe, the United States and Japan. Major manufacturers also include Mitsubishi, GE, HITACHI, Nidec, Toshiba, WEG, Teco, Emerson, MEIDENSHA and Wolong Electric. Motors are widely used in various fields such as metallurgy, electric power, petrochemicals, coal, mining, building materials, papermaking, municipal administration, water conservancy, shipbuilding, ports, Golf Cart and food processing machinery. In addition, motors also play a key role in industrial automation and intelligent manufacturing.
Importance of the global motor manufacturing industry
Electric motors are an important driving force in industrial production, and designing and developing new advanced methods can improve efficiency and performance while promoting troubleshooting. Millions of motors installed around the world use nearly 70% of the electricity consumed by multiple industries.
High efficiency and energy conservation are the overall development trend of the global motor manufacturing industry. Improved motor efficiency can significantly save energy. For example, for every one-percentage point increase in motor efficiency across China, more than 26 billion kilowatts of electricity can be saved every year. If the efficiency of the motor system is increased by 5%-8%, the annual electricity saved is equivalent to the power generation of two to three China’s Three Gorges Reservoir.
With the improvement of the technical level of China’s equipment manufacturing industry, the production and processing of motor parts continues to absorb and absorb advanced foreign process manufacturing technologies. The enterprise’s technology research and development team connects with scientific research institutes and scientific research departments of universities to develop advanced technologies suitable for domestic motor manufacturing in China. and intelligent manufacturing technology.
Governments of various countries encourage the development and innovation of the industrial motor industry through policies such as financial subsidies, tax incentives, and financial support. For example, China is vigorously developing green and low-carbon industries, developing policies such as high power density, and smart motors. In the future, the penetration rate of green, low-carbon, and efficient motors is expected to accelerate.
The global motor manufacturing industry has shown strong growth momentum and broad development prospects in terms of market size, technology development, application fields, etc. Its importance in industrial production is not only reflected in providing power and energy conservation and emission reduction, but also in continuously promoting industrial progress with technological innovation and policy support.
Industry Leaders in the Global Electric Motor Market:
[The materials are collected and compiled online. The following rankings are in no particular order and are for reference only. Thank you for reading!]
Mabuchi Motor
Mabuchi Motor Co., Ltd. is a large-scale Japanese-funded enterprise specializing in the research and development, production and sales of micro motors. It was founded in 1954. Its products are widely used in consumer products such as automobiles, cameras, imaging, audio, home appliances, communication equipment, office machines, and electric toys.
Johnson Electric
Founded in 1959, Johnson Electric Group is a large multinational group company headquartered in Hong Kong. It has a global leadership position in the design, R & D and manufacturing of micromotors and integrated motor systems. Johnson Micromotor products are widely used in consumer and commercial products, including auto parts, household appliances, power tools, commercial equipment and personal care products, multimedia and audio-visual products, etc.
Nidec
Nidec Corporation is Japan’s leading manufacturer of motors and control equipment for industrial, home appliances and consumer goods. Completed the previously announced acquisition of Emerson Electric’s power generation, motor and drive businesses. The acquired companies have a solid business foundation, strong brands and good customer base, mainly in the North. United States and Europe. In addition, the company agreed to form a joint venture with French automaker PSA Group and invest US$261 million to produce motors in France for global and domestic sales.
General Electric Company
General Electric Company (GE) is the world’s largest diversified service company. From aircraft engines and power generation equipment to financial services, from medical imaging and plastics for television programs, GE is committed to creating a better life through multiple technologies and services. GE operates in more than 100 countries around the world. The history of General Electric can be traced back to Thomas Edison, who founded the Edison Light Company in 1878. In 1892, Edison Light Company and Thomson-Houston Electric Company merged to form the General Electric Company (GE).
Regal Beloit
RegalBeloit is a global energy efficiency company with efficient motors and power transmission systems that have a successful history of development by providing world-class products and services where customers need them. Its Genteq brand DC motors are found in almost all household air conditioning transmission equipment in the United States, and its Marathon motor, Leeson and GE commercial motor brands are widely used.
Panasonic
Panasonic Group is the world’s leading electronics manufacturer. Its brand products are world-renowned for their development in many fields such as home appliances, digital audio-visual electronics, office products, and aviation.
Oriental Motor
Japan Oriental Motor Co., Ltd. was founded in 1885. The company was founded in 1950. It is the world’s leading company in the manufacturing of small motors and electronic circuits for control. Dongfang Motor is committed to the concept of standardizing small motors and continues to grow. From commonly used AC small standard motors to precision-controlled stepper motors, from motor units to combination products to systematic LIMO products, the range is very wide.
SAMSR MOTOR
Samsr Electric Industry (Co., Ltd.) is a world leading high-tech enterprise integrating professional research and development, production and sales of stepper motors. The stepping motors produced by the company are made of permanent magnet silicon steel sheets and rare earth permanent magnet materials made of original NSK bearings in Japan. Compared with other brands of motors, they have small electromagnetic loss; high output torque, high conversion efficiency; low operating noise, and good dynamic characteristics.
At the same time, SAMSR MOTOR also has unique characteristics such as high integration of control scheme, flexible design, stable control, and accurate positioning. Over the years, Samsr Electric has led the industry with high-precision and cutting-edge technology, and is the first choice for industrial equipment to improve product quality.
Marathon motor
Marathon motors originate from American technology and have a century-old manufacturing history. They are a well-known motor brand under RegalBeloit Electric Group. Marathon motors produced by RegalBeloit in Wuxi comply with IEC standards and U.S. NEMA standards. With continuous technological innovation, Marathon motors have become a leader in the motor field with its excellent quality, excellent performance and efficiency. Since 1913, Marathon Marathon Motors has grown into a world-wide manufacturer of commercial and industrial motor designs and high-tech products.
Marathon Marathon inverter motors are favored by the world’s leading AC drive equipment manufacturers. MicroMax,Blue Max and Black Max motors control the operation of pumps, drive fans and blowers, and drive motors, and are used in many areas with high performance and high reliability requirements. SANDPIPER Pneumatic Diaphragm Pump of the United States WARREN RUPP Pump Company has manufactured the world’s first pneumatic diaphragm pump that has obtained ISO9001 quality certification. SANDPIPER Pneumatic diaphragm pump is in a leading position in the world, with a global market share of 55%.
ABB Group
ABB is a global leading cadre producer in the electric energy and automation control industry, and ABB Group is ranked among the world’s top 500 companies. The group is headquartered in Zurich, Switzerland and is listed and traded on the Zurich, Stockholm and New York Stock Exchanges. ABB was formed in 1988 by two global companies with a history of more than 100 years-Germany’s Asia-Enterprise (ASEA) and France’s BBC Brown Boveri.
Beckhoff Group
Beckhoff Automation Co., Ltd. is a high-tech enterprise headquartered in Weil, Germany, focusing on the research and development and production of industrial automation products. The company was founded in 1980. The founder, Hans Beckhoff, graduated from physics. Since its establishment, the company has adhered to PC-based control technology and developed a large number of innovative products and solutions.
Beckhoff’s product line is very broad, mainly including industrial PCs, fieldbus components, drive technology and automation software. Its products are widely used in many fields, such as CNC machine tool control, smart buildings, wind power generation, semiconductors, photovoltaic solar energy, metal processing, packaging machinery, printing machinery and plastic processing.
Dunkermotoren
Dunkermotoren is part of AMETEK Group. It was founded in 1950. Through its 70th anniversary development trend, it has developed and manufactured high-precision controllers for more than 70 years. Located in Baden-Württemberg, Dunkermotoren is one of the city’s largest employers. Deenco has become one of the world’s first small and medium-sized motor manufacturers certified according to ISO 9001, and has been committed to producing the most precise motors and transmission systems.
Dunkermotoren provides independent innovation and cost-effective high-quality drive technology to achieve a power of 2600 watts. Their universal product and service scope ensures a high degree of coordination between standardized components and customized overall solutions: brushless DC servo motors/brush DC motors, modular switching power supplies and program controllers, giant planets and worm gear reducers, linear immediate push, servo motors and braking systems.
Yaskawa
Yaskawa, since its founding in 1915, has been 105 years since Yaskawa Electric Company was founded. Since its founding, Yaskawa Electric has been committed to the vigorous development of the world’s industrial chain and the promotion of the ultimate ideals of mankind. Yaskawa Electric has focused on drive control, motion control systems, intelligent robots and engineering projects, and contributes to the development of industry and the times. As a “company that provides overall plans”, Yaskawa Electric (China) Co., Ltd. has been committed to contributing to China’s industrial excellence since its establishment and continues to provide world-renowned product technology to the Chinese market.
Siemens AG
Siemens Systems Co., Ltd. is the world’s leading professional technology company. It was founded in 1847. Through its 173rd anniversary development trend, it serves 200 countries and regions around the world, and is committed to the fields of electrical automation, intelligence and information technology. As one of the world’s largest distributors of high-efficiency electricity, energy and sustainable development technologies, Siemens Systems has a leading position in offshore wind turbine infrastructure construction, combined cycle power generation turbine engines, transmission and distribution solutions, infrastructure construction solutions, industrial automation, promotion and software solutions, as well as its diagnosis and treatment imaging equipment and laboratory diagnosis.
Lenze Group
Since its establishment in 1947, Lenze in Germany has developed steadily through its 73rd anniversary. Promotion and automation technology has always been Lenze’s competitive advantage and has also made Lenze one of the most innovative companies in the industry. Lenze Group can also provide users with a complete product matrix at different stages of mechanical equipment research and development, and is one of the rare dealers of this kind on the market. From design to after-sales maintenance services, from control modules to rotating shafts. Lenze may work with customers to develop a better solution and proactively complete it, whether it is upgrading existing models or developing and designing new machines and equipment.
SEW Motor
Germany’s SEW-Motor Equipment Company was established in 1931 and has a history of 89 years. It is a multinational international group specializing in the production and manufacturing of motors, reducers and frequency conversion control machines. Its production process and market share occupy a leading position in the world, and it is a global driving force transmission industry. Famous. SEW products are the electrical equipment in basic industries, mainly including reducers, reducers and variable frequency governors.
SEW products are defined by a new “control module composition”, which brings a broader indoor space to the development trend of the integration of electromechanical engineering and electronic devices, including steel, metallurgical industry, concrete, mining, capital construction, decorative building materials, environmental protection, paper industry, seaports, airports, airlines, aerospace, Petrochemical, light industry, food industry and logistics and warehousing.
Wolong
Wolong Electric is a leading global manufacturer of motors and drives, offering a comprehensive range of products for industries like oil and gas, electric power, and building automation. They are committed to innovation and quality, ensuring high-performance and reliable motors.
With a strong presence in Asia, Europe, and North America, Wolong Electric has R&D centers and manufacturing facilities that produce motors for electric vehicles, HVAC, and industrial applications. Their focus on research and global reach solidifies their position as a major player in the electric motor industry.
ElectroCraft
ElectroCraft is an Ohio based motor manufacturer focusing on the production of motor motors and drive products and has rich industry experience. Its product line covers AC motors, DC motors, gearboxes, servo drives, linear actuators, etc., and is widely used in many fields such as air conditioning and refrigeration, aviation, medical equipment, robots, industrial automation, agriculture and laboratory equipment.
ElectroCraft offers motors and drives that are known for their high quality and reliability to meet the needs of applications in harsh environments. In addition, the company also provides customized production services and can provide various types of motor and motion control products according to customers ‘specific needs. ElectroCraft has facilities around the world and is committed to providing customers with comprehensive solutions.
SCHORCH
SCHORCH Electric, established in 1882, is a renowned manufacturer of electric motors and drive systems. The company specializes in producing high-quality motors, including three-phase induction motors up to 10 MW with flameproof enclosures, and offers a wide range of products from low to high voltage frequency converters and soft starters. SCHORCH is known for its expertise in automatic control systems and energy-saving technical transformations, serving various industries globally.
SCHORCH Electric has a rich history of innovation and quality, with a focus on custom drive systems and energy-efficient solutions. The company’s products are certified to meet international standards, including the ATEX directive for explosion-proof motors, and are used in demanding applications such as offshore drilling and chemical processing. With a strong commitment to innovation and customer satisfaction, SCHORCH continues to be a leading player in the electric motor manufacturing industry.
Toshiba
Toshiba is a leading manufacturer of electric motors, offering a wide range of low-voltage and medium-voltage motors. Their products are known for their quality, performance, and reliability, making them a preferred choice in demanding applications across various industries. Toshiba’s motor portfolio includes general purpose motors, severe duty motors, and specialized motors for specific applications such as hybrid electric vehicles and industrial equipment.
Toshiba’s motor manufacturing capabilities are extensive, with facilities capable of producing motors from ½ to 1,000 HP and 230 to 575 V for low-voltage motors, and from 100 to 50,000 HP and 2,300 to 13,800 V for medium-voltage motors. They also provide advanced motor technologies such as brushless motors and three-phase brushless motors, which are suitable for applications requiring high efficiency and reliability.
MITSUBISHI
Mitsubishi Electric is renowned for its extensive range of motor products, including high-performance servo motors, direct drive motors, and linear servo motors. These motors are designed for precision and efficiency, catering to various industrial applications. Their servo motors, for instance, offer medium-inertia, high-accuracy, and high-speed capabilities, with improvements in motor efficiency through high power density design and battery-free encoders to reduce maintenance costs. Additionally, their direct drive motors eliminate the need for traditional mechanical transmission components, allowing for direct control of loads.
Mitsubishi Electric also excels in the electric vehicle sector, providing a wide array of electric motor solutions for hybrid and electric vehicles. Their products include inverters and motors that support the electrification of vehicles, aiming to reduce environmental impact. Notably, they maintain a leading position in the market for electric power steering motors and controllers, with a significant market share. Their commitment to innovation is further demonstrated by the development of salient-pole motors that offer high-quality speed and position control without encoders.
AMCI
AMCI Electric, a manufacturer of electric motors, specializes in integrated motor solutions, including stepper and servo motors. Their SMD series offers a complete package combining motor, drive, and controller for simplified installation and motion control applications. For over 25 years, AMCI has focused on engineering excellence, providing networked products that enhance system efficiency and reduce costs.
Fasco
Fasco Electric is a leading manufacturer of fractional horsepower electric motors, known for their performance, durability, and efficient operation. Their engineers carefully analyze product specifications to ensure the right size, type, speed, torque, and other construction characteristics are used in production, resulting in optimum energy efficiency.
Fasco electric motors power commercial HVAC, pumping, and air moving applications. With a 100-year history, Fasco is recognized as an industry innovator that produces cutting-edge technology to solve problems, save energy, and reduce downtime.
Franklin Electric
Franklin Electric, founded in 1944, began as a small motor manufacturing company and has since grown into a leading global provider of systems and components for moving water and fuel. The company designs, manufactures, and distributes water and fuel pumping systems, including submersible motors, electronic controls, pumps, and related parts and equipment .
Franklin Electric’s motor manufacturing expertise spans a variety of applications, from residential to industrial settings. The company offers high-quality submersible motors in various sizes, including 4″, 6″, 8″, 10″, and 12″, catering to the needs of the water industry. These motors are designed to provide reliability and efficiency in water movement applications.
Emerson
Emerson Electric Manufacturing Company, founded in 1890 by John Wesley Emerson, initially focused on manufacturing electric motors and related products such as switches. Over the years, the company expanded its product line to include various household appliances and specialized machinery, powered by its diverse range of fractional horsepower motors.
Emerson offers a comprehensive selection of motors, including replacement motors for numerous brands like Dayton, AO Smith, General Electric, Leeson, and Marathon. Their product range spans from low-power unit bearing motors to high-power vertical hollow shaft motors, catering to a wide array of industrial and commercial needs.
WEG
WEG Motors, founded in 1961 in Brazil, is a global leader in electric motor manufacturing. The company offers a wide range of motors, including low and high voltage industrial motors, frequency inverters, and gear units. WEG’s commitment to innovation and sustainability is evident in its continuous investment in research and development, ensuring that its motors are efficient, reliable, and easy to maintain.
WEG’s motor manufacturing facilities are strategically located worldwide, including the largest motor manufacturing plant in the world. The company produces motors that meet the highest international standards, such as IEC and NEMA, and offers a variety of products tailored to different industrial applications. WEG’s motors are designed to operate under various environmental conditions and are equipped with advanced features like the Wise Insulation System and high-quality materials to ensure longevity and performance.
Sonceboz
Sonceboz is a Swiss manufacturer specializing in the design, development, and production of electric motors and mechatronic drive systems. These products are tailored for harsh environments and cater to various markets including passenger cars, commercial vehicles, agriculture, medical, and industry sectors. Sonceboz offers a range of electric motors such as brushless DC motors, stepper motors, and torque motors, which are known for their compactness, efficiency, and robustness in on-engine applications.
Lafert Motor
Lafert Motor Manufacturing is a leading European motor manufacturer focusing on the design and production of customized engineered motors and drives, particularly in the fields of industrial automation, energy conservation and wind power. Since its establishment, the company has been committed to technological innovation and performance improvement while reducing environmental impact. Lafert’s motor products include brushless servo motors, three-phase motors, high-performance motor integrated drives (HPI Range), etc. These products are widely used in industrial automation, food processing, packaging and other fields.
In addition, Lafert also focused on material research and developed the second-generation PM synchronous motor, achieving IE4 super high-efficiency level, while reducing reliance on rare earth magnets and ensuring cost and supply stability. Lafert Group has multiple branches and partners around the world, including companies in Germany, the United Kingdom and France.
FIMET MOTOR
FIMET MOTOR, established in 1910, has developed a strong reputation in the manufacturing of power drives, including low and medium voltage electric motors. Their product range includes high-efficiency motors (IE2 – IE3), water-cooled motors, and gearboxes, all made in Italy with a focus on quality and compliance with international standards .
FIMET offers a diverse portfolio of motors, from low voltage three-phase electric motors to high-efficiency motors and gearboxes. Their motors are available in various sizes and specifications, catering to different industrial needs. The company emphasizes quality and reliability, ensuring that all products meet the highest standards.
VEM Motor
VEM Motors, established in 1886, is a renowned manufacturer of electric motors and components, offering a wide range of products including electric motors, inverters, gearboxes, and engine accessories. The company provides comprehensive services such as warehousing, logistics, installation, commissioning, and maintenance.
VEM Motors is recognized as one of the best electric motor brands globally. The company specializes in producing high-quality electric motors and generators for diverse applications across various industries. Their product range spans from low-voltage three-phase asynchronous motors to slip-ring induction motors, catering to the specific needs of different sectors.
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