The Synchronous Motors Market is expected to grow at a CAGR of 3.2% during the forecast period (2024-2031).

A synchronous motor is an AC electric motor where the rotation of the shaft is precisely synchronized with the frequency of the supply current. This means the motor's speed remains constant regardless of the load, making it ideal for applications requiring continuous and precise motion. These motors are highly efficient and are often used for power factor correction in industrial settings, which helps in reducing power consumption and improving overall electrical system efficiency.

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Recent Global News 

• August 2025 (Japan): The Japanese defense ministry is reportedly seeking a significant budget increase to modernize its fleet with unmanned vehicles, a move that is expected to create demand for advanced synchronous motors.

• July 2025 (U.S.): A new report highlighted that the U.S. electric vehicle motor market is expanding rapidly, with a particular focus on the development of permanent magnet synchronous motors, which are crucial for enhancing vehicle performance.

• May 2025 (U.S.): A leading U.S. manufacturer of industrial motors announced a new partnership to expand its product offerings for the green hydrogen sector, highlighting a strategic focus on new energy applications that rely on efficient motors.

• June 2025 (Japan): NEC Corporation reportedly collaborated with Toyota Tsusho to deploy AI-powered platforms in automotive production, a move that is expected to strengthen Japan's smart manufacturing ecosystem and drive the adoption of advanced motors.

Segmentation

By Type : Medium Voltage, Low Voltage.

By Mounting Type : Horizontal Mounting, Vertical Mounting.

By Application:  Oil & Gas, Chemicals & Petrochemicals, Mining, Pulp &  Paper, Metals, Others.

Leading Companies 

ABB Ltd

Arc Systems Inc

Bosch Group

Emerson Electric Co.

General Electric

Hitachi Ltd

AEG

Ametek

Belkin International

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Market Trends

• Shift to Permanent Magnet Technology: There is a growing preference for permanent magnet synchronous motors (PMSMs) due to their superior efficiency, higher power density, and more compact design compared to traditional motors. This trend is particularly evident in the electric vehicle market and industrial robotics.

• Integration with Industry 4.0: Synchronous motors are increasingly being integrated with smart factory technologies, including IoT sensors and AI-driven analytics. This enables real-time performance monitoring, predictive maintenance, and optimized operation, reducing downtime and improving productivity.

Business Opportunities:

• Electric Vehicle Manufacturing: The booming electric vehicle market presents a massive opportunity for manufacturers of permanent magnet synchronous motors, as they are a crucial component for EV propulsion.

• Smart Factory Upgrades: Businesses can specialize in providing services to integrate synchronous motors with existing manufacturing systems, adding smart technology for remote monitoring and predictive maintenance.

Investment Analysis

• Market Drivers: The primary drivers for investment are the global push for energy efficiency, stringent environmental regulations, the rapid growth of the electric vehicle market, and the widespread adoption of industrial automation.

• Geographical Dominance: While North America holds a significant market share due to its advanced manufacturing base, the Asia-Pacific region, led by industrial growth in countries like Japan, is poised for the fastest expansion.

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Summary

The synchronous motors market is a crucial sector for modern industry, distinguished by the motors' high efficiency and constant speed. The market is evolving with trends toward advanced permanent magnet designs and integration with smart factory technologies like AI and the Industrial Internet of Things. Business opportunities are strong in providing specialized solutions for the electric vehicle and renewable energy sectors, as well as offering maintenance services. Recent news from the U.S. and Japan highlights a clear focus on leveraging these motors for applications in defense, automotive manufacturing, and sustainable energy.

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