Industrial Synchronous Reluctance Motor Market Report 2025 (Global Edition)

Global Industrial Synchronous Reluctance Motor Market Report 2025 Market Size Split by Product Type (Permanent Suspension Magnetic Separators, Electromagnetic Suspension Magnetic Separators), by Type ...

Industrial Synchronous Reluctance Motor Market Report Description

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Industrial Synchronous Reluctance Motor Market Insights Video

Competitive Landscape of the Synchronous Reluctance Motor Market

The competitive landscape of the synchronous reluctance motor market is characterized by a wide spectrum of participants competing to gain market share through product innovation, strategic partnerships, and aggressive marketing efforts. Key players in the market include established electronics manufacturers, specialized synchronous reluctance motor companies, and emerging start-ups aiming to disrupt the market with creative techniques.

Top Companies Market Share in Industrial Synchronous Reluctance Motor Industry: (In no particular order of Rank)

• ABB - Switzerland
• Siemens - Germany
• KSB (REEL) - Germany
• Danfoss - Denmark
• Bonfiglioli - Italy
• Oemer Motors - Turkey
• Relaoto - China
• Mark Elektriks - India
• Nidec Leroy-Somer - France
• Delta Electronics - Taiwan
• Changzhou Nanfang Motor - China
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*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

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Regional Analysis of the Synchronous Reluctance Motor Market

Which Region Dominates the Synchronous Reluctance Motor Market in 2024?

According to Cognitive Market Research, North America dominated the market in 2024 and accounted for around 40% of the global revenue due to the region’s stringent regulations promoting eco-friendly technologies and the motor's advantages in reduced energy consumption and maintenance costs, industries are adopting synchronous reluctance motor to enhance operational efficiency and meet environmental standards. This trend is bolstered by growing investments in smart manufacturing and automation across various sectors.

Which Region is Expanding at the Fastest CAGR?

Asia Pacific stands out as the fastest-growing region in the synchronous reluctance motor market due to the region's rising adoption of HVAC systems, industrial machinery, and electric vehicles due to their robust performance, lower maintenance costs, and environmentally friendly operation, aligning with regional efforts towards greener energy solutions and reduced carbon footprints.

 

The current report Scope analyzes Industrial Synchronous Reluctance Motor Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Switzerland, Luxembourg, Rest of Europe)
• Asia Pacific (China, Japan, South Korea, India, Australia, Singapore, Taiwan, South East Asia, Rest of APAC)
• Latin America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East (Saudi Arabia, Turkey, UAE, Egypt, Qatar, Rest of Middle East)
• Africa (Nigeria, South Africa, Rest of Africa)

The above graph is for illustrative purposes only.

North America Industrial Synchronous Reluctance Motor Market Analysis

North America's synchronous reluctance motor market size will be USD 74.64 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.2% from 2024 to 2031. North America has emerged as a prominent participant, and its sales revenue is estimated to reach USD 131.7 Million by 2031. This expansion is mainly attributed to the region's technological advancements.

Europe Industrial Synchronous Reluctance Motor Market Analysis

According to Cognitive Market Research, the global synchronous reluctance motor market size was estimated at USD 186.6 Million, out of which Europe held the market of more than 30% of the global revenue with a market size of USD 55.98 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.5% from 2024 to 2031.

• The United Kingdom's synchronous reluctance motor market had a market share of USD 9.40 million in 2024 and is projected to grow at a CAGR of 8.3% during the forecast period. In the UK, synchronous reluctance motor sales witness an upswing due to the nation's modernization in production techniques.
• The France synchronous reluctance motor market is projected to witness growth at a CAGR of 6.7% during the forecast period, with a market size of USD 5.15 million in 2024.
• According to Cognitive Market Research, the German synchronous reluctance motor market size was valued at USD 11.08 million in 2024 and is projected to grow at a CAGR of 7.7% during the forecast period. In Germany, synchronous reluctance motor sales surged due to the expansion of the e-commerce sector.
• The Italy synchronous reluctance motor market is projected to witness growth at a CAGR of 6.9% during the forecast period, with a market size of USD 4.81 million in 2024.
• The Russian synchronous reluctance motor market is projected to witness growth at a CAGR of 6.5% during the forecast period, with a market size of USD 8.68 million in 2024.
• The Spain synchronous reluctance motor market is projected to witness growth at a CAGR of 6.6% during the forecast period with a market size of USD 4.59 million in 2024
• The Luxembourg synchronous reluctance motor market is projected to witness growth at a CAGR of 7.6% during the forecast period, with a market size of USD 1.74 million in 2024.
• The Portugal synchronous reluctance motor market is projected to witness growth at a CAGR of 7.3% during the forecast period, with a market size of USD 1.18 million in 2024.
• The Greece synchronous reluctance motor market is projected to witness growth at a CAGR of 7.8% during the forecast period, with a market size of USD 0.67 million in 2024.
• Rest of Europe's synchronous reluctance motor market is projected to witness growth at a CAGR of 6.2% during the forecast period, with a market size of USD 8.68 million in 2024.

Asia Pacific Industrial Synchronous Reluctance Motor Market Analysis

According to Cognitive Market Research, the global synchronous reluctance motor market size was estimated at USD 186.6 Million, out of which Asia Pacific held the market of around 23% of the global revenue with a market size of USD 42.92 million in 2024 and will grow at a compound annual growth rate (CAGR) of 11.0% from 2024 to 2031.

• According to Cognitive Market Research, the China synchronous reluctance motor market size was valued at USD 19.31 million in 2024 and is projected to grow at a CAGR of 10.5% during the forecast period. Synchronous reluctance motor sales surged in China due to advancements in technology.
• The Japan synchronous reluctance motor market is projected to witness growth at a CAGR of 9.5% during the forecast period, with a market size of USD 5.92 million in 2024.
• The India synchronous reluctance motor market had a market share of USD 5.15 million in 2024 and is projected to grow at a CAGR of 12.8% during the forecast period. India's government initiatives augment the demand.
• The South Korean synchronous reluctance motor market is projected to witness growth at a CAGR of 10.1% during the forecast period, with a market size of USD 4.29 million in 2024.
• The Australian synchronous reluctance motor market is projected to witness growth at a CAGR of 10.7% during the forecast period, with a market size of USD 2.23 million in 2024.
• The South East Asia synchronous reluctance motor market is projected to witness growth at a CAGR of 12.0% during the forecast period, with a market size of USD 2.96 million in 2024.
• The Rest of the Asia Pacific synchronous reluctance motor market is projected to witness growth at a CAGR of 10.8% during the forecast period, with a market size of USD 3.05 million in 2024.

South America Industrial Synchronous Reluctance Motor Market Analysis

According to Cognitive Market Research, the global synchronous reluctance motor market size was estimated at USD 186.6 Million, out of which Latin America market of more than 5% of the global revenue with a market size of USD 9.33 million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.4% from 2024 to 2031.

• According to Cognitive Market Research, the Brazil synchronous reluctance motor market size was valued at USD 3.99 million in 2024 and is projected to grow at a CAGR of 9.00% during the forecast period. Synchronous reluctance motor sales flourish in Brazil due to the rising advancement in technology.
• Argentina's synchronous reluctance motor market had a market share of USD 1.57 million in 2024 and is projected to grow at a CAGR of 9.3% during the forecast period. The demand is augmented by Argentina's stringent environmental regulations.
• Colombia's synchronous reluctance motor market is projected to witness growth at a CAGR of 8.2% during the forecast period, with a market size of USD 0.83 million in 2024.
• Peru synchronous reluctance motor market is projected to witness growth at a CAGR of 8.6% during the forecast period, with a market size of USD 0.77 million in 2024.
• Chile synchronous reluctance motor market is projected to witness growth at a CAGR of 8.7% during the forecast period, with a market size of USD 0.67 million in 2024.
• The Rest of Latin America's synchronous reluctance motor market is projected to witness growth at a CAGR of 7.5% during the forecast period, with a market size of USD 1.50 million in 2024.

Middle East Industrial Synchronous Reluctance Motor Market Analysis

According to Cognitive Market Research, the global synchronous reluctance motor market size was estimated at USD 186.6 Million, out of which the Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD 3.73 million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.7% from 2024 to 2031.

• The GCC Countries' synchronous reluctance motor market is projected to witness growth at a CAGR of 9.5% during the forecast period, with a market size of USD 1.60 million in 2024. Synchronous reluctance motor sales flourish due to the presence of major market players.
• Egypt synchronous reluctance motor market is projected to witness growth at a CAGR of 9.00% during the forecast period with a market size of USD 0.39 million in 2024.
• The South African synchronous reluctance motor market is projected to witness growth at a CAGR of 9.7% during the forecast period, with a market size of USD 0.59 million in 2024. Synchronous reluctance motor sales flourished in South Africa due to the rise in demand from emerging economies.
• The Turkey synchronous reluctance motor market is projected to witness growth at a CAGR of 8.2% during the forecast period, with a market size of USD 0.32 million in 2024.
• The Nigeria synchronous reluctance motor market is projected to witness growth at a CAGR of 7.8% during the forecast period, with a market size of USD 0.39 million in 2024.
• The Rest of MEA synchronous reluctance motor market is projected to witness growth at a CAGR of 7.7% during the forecast period with a market size of USD 0.44 million in 2024.

Industrial Synchronous Reluctance Motor Market Analysis

Synchronous Reluctance Motor Market Product Type Segment Analysis

According to Cognitive Market Research, permanent suspension magnetic separators are the dominating category due to increasing demand for energy-efficient solutions in industrial and automotive sectors, leveraging their simple design and high efficiency. Permanent suspension magnetic separators meet critical needs in mining and recycling, driven by rising environmental regulations and the need for effective material separation, enhancing operational efficiency and reducing waste.

Electromagnetic suspension magnetic separators emerged as the fastest-growing category over the projected period due to their energy efficiency and suitability for industrial applications. Electromagnetic suspension magnetic separators are crucial for efficient metal recovery and purification processes, driven by demand in the mining and recycling sectors.

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Industrial Synchronous Reluctance Motor Industry. Request a Free Sample PDF!

According to Cognitive Market Research, the dominating category is 0-30 KW due to the increasing demand for energy-efficient solutions in industrial automation and HVAC systems. These motors offer high efficiency, reduced maintenance, and improved reliability, appealing particularly to sectors prioritizing sustainability and operational cost savings.

The fastest-growing category in the synchronous reluctance motor market is above 100 KW over the projected period due to its energy efficiency, enhanced reliability, and suitability for industrial sectors seeking cost-effective solutions with lower operational expenses and reduced environmental impact.

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Industrial Synchronous Reluctance Motor Application Segment Analysis

According to Cognitive Market Research, the dominating category is discrete industries due to its superior efficiency, robust performance in variable speed applications, and environmental benefits like reduced carbon footprint. These motors excel in industrial automation, elevators, and HVAC systems, emphasizing energy efficiency and operational cost savings.

The fastest-growing category in the synchronous reluctance motor market is process industries over the projected period due to increasing demand for energy-efficient solutions. These motors offer improved efficiency, lower maintenance costs, and reduced environmental impact, making them ideal for industries prioritizing sustainability and operational cost savings.

• Process Industries
• Discrete Industries

Industrial Synchronous Reluctance Motor End-Use Segment Analysis

According to Cognitive Market Research, the dominating category is mining due to increasing demand for energy efficiency, robust performance in harsh environments, and cost-effectiveness. It caters to mining operations seeking reliable, low-maintenance motor solutions with high torque density and optimal efficiency.

The fastest-growing category in the synchronous reluctance motor market is aggregate over the projected period due to its low maintenance costs and suitability for variable speed applications in industries like automotive, HVAC, and industrial machinery. Growing environmental regulations and the demand for energy-efficient solutions are key drivers propelling its adoption globally.

• Mining
• Aggregate
• Recycling
• Foundry
• Others

Author's Detail

Aarti Bagekari

Research Associate at Cognitive Market Research

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I am Aarti Bagekari, worked as a research associate with strong passion for transforming complex information into strategic insights. My strong analytical skills, coupled with a deep understanding of market dynamics and consumer behavior, empower me to identify hidden opportunities and proactively mitigate risks for clients. As a part of team, I possess a skills in data analysis, segmentation, competitive landscape.

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