United States Electric Motors Market Outlook

According to the report by Expert Market Research (EMR), the United States electric motors market size attained a value of USD 26.26 billion in 2024. Aided by advancements in energy efficiency, the growing demand for automation across industries, and the rising adoption of electric vehicles (EVs), the market is projected to grow at a compound annual growth rate (CAGR) of 5.1% between 2025 and 2034, reaching a value of USD 41.36 billion by 2034.

Electric motors are devices that convert electrical energy into mechanical energy and are essential components in a wide range of applications, including industrial machinery, household appliances, transportation, and HVAC systems. The rapid shift towards electrification, driven by sustainability initiatives and technological innovations, is expected to play a pivotal role in accelerating the growth of the electric motors market in the United States.

The integration of electric motors in diverse applications has expanded beyond traditional uses. In particular, sectors such as automotive, robotics, renewable energy, and manufacturing have increasingly relied on electric motors to power machinery, optimize processes, and enhance productivity. As the market continues to evolve, electric motors are poised to become a cornerstone of energy-efficient solutions across various industries.

Key Drivers of Growth

Several factors are driving the growth of the United States electric motors market, including government policies, environmental concerns, technological advancements, and shifts in consumer behavior.

One of the primary factors driving United States electric motors market growth is the increasing demand for energy-efficient solutions. With a growing emphasis on sustainability and reducing carbon footprints, electric motors are gaining prominence due to their efficiency compared to traditional combustion engines. The U.S. government has implemented several policies and incentives aimed at reducing energy consumption and promoting green technologies, further accelerating the adoption of energy-efficient electric motors. For example, the U.S. Department of Energy's (DOE) Motor Challenge Program encourages the use of energy-efficient motors in industrial and commercial applications, which has contributed to the increasing demand for high-performance motors.

The electrification of the transportation sector, particularly the rise of electric vehicles (EVs), is another key driver of the United States electric motors market. As the demand for EVs continues to grow, the need for advanced electric motors that provide efficient power delivery and improved performance is becoming more pronounced. Electric vehicle manufacturers, including Tesla, General Motors, and Ford, are heavily investing in the development of electric motors to power their EVs. This growing EV trend is expected to have a significant impact on the overall electric motors market, as the demand for motors in the automotive sector is projected to increase substantially in the coming years.

Technological advancements are also playing a critical role in shaping the electric motors market. The continuous development of more efficient, compact, and durable motors has opened new opportunities for industries to integrate electric motors into applications that were previously dominated by other technologies. The advent of brushless DC motors (BLDC), permanent magnet motors, and high-efficiency induction motors has further enhanced the performance and reliability of electric motors, making them suitable for a wider range of applications. In particular, the rise of automation and the increasing use of robotics in manufacturing, healthcare, and logistics are creating demand for advanced electric motors that can operate in precision-driven environments.

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United States Electric Motors Market Segmentation

The market can be divided based on by Type, by Voltage, by Power Output, by Application and Region.

Market Breakup by Type

• AC
• DC

Market Breakup by Voltage

• Less Than 1 kV
• Between 1kV-6kV
• Higher Than 6 kV

Market Breakup by Power Output

• Up to 1 HP
• More Than 1 HP

Market Breakup by Application

• Residential
• Commercial
• Industrial
• Transportation
• Agriculture

Market Breakup by Region

• New England
• Mideast
• Great Lakes
• Plains
• Southeast
• Southwest
• Rocky Mountain
• Far West

Competitive Landscape

Some of the major players explored in the report by Expert Market Research are as follows:

• ABB Ltd.
• Robert Bosch GmbH
• Hitachi Ltd.
• Johnson Electric Holdings Limited
• AMETEK.Inc.
• Siemens AG
• Toshiba International Corporation
• TECO-Westinghouse Motor Company
• Maxon international ltd.
• Warfield Electric Company
• Others

Challenges and Opportunities

While the United States electric motors market presents significant growth opportunities, there are challenges that could potentially impact the market’s development.

One of the main challenges is the high cost of advanced electric motors, particularly those used in electric vehicles and specialized applications. While the cost of electric motors has been steadily decreasing due to advancements in manufacturing processes and economies of scale, the initial investment required for high-performance motors remains a concern for some businesses and consumers. However, as demand continues to grow, and as technological advancements drive down costs, the adoption of electric motors is expected to increase across various sectors.

Another challenge is the need for a reliable and efficient supply chain for the components required to manufacture electric motors. Raw materials such as rare earth metals, which are used in permanent magnets for electric motors, are subject to global supply chain disruptions and price volatility. Ensuring a steady supply of these materials will be critical to meeting the growing demand for electric motors, particularly in the automotive and renewable energy sectors.

Despite these challenges, the United States electric motors market presents numerous opportunities. The growth of the electric vehicle market is one of the most significant opportunities, as it is expected to create substantial demand for electric motors in the coming years. The integration of electric motors in industrial automation, smart appliances, and robotics also offers considerable growth potential. Additionally, the growing focus on sustainability and energy efficiency is likely to drive continued adoption of electric motors across various industries, particularly in industrial machinery and HVAC systems.