Three-Phase Asynchronous Motors Market, Global Outlook and Forecast 2023-2030

The global Three-Phase Asynchronous Motors market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.


The USA market for Global Three-Phase Asynchronous Motors market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.

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The China market for Global Three-Phase Asynchronous Motors market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.


The Europe market for Global Three-Phase Asynchronous Motors market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.


An?induction motor?or?asynchronous motor?is an?AC electric motor?in which the?electric current?in the?rotor?needed to produce torque is obtained by?electromagnetic induction?from the?magnetic field?of the?stator?winding. Three-phase squirrel-cage induction motors are widely used as industrial drives because they are self-starting, reliable and economical.

This report aims to provide a comprehensive presentation of the global market for Three-Phase Asynchronous Motors, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Three-Phase Asynchronous Motors.


This report contains market size and forecasts of Three-Phase Asynchronous Motors in global, including the following market information:


  • Global Three-Phase Asynchronous Motors Market Revenue, 2018-2023, 2024-2030, ($ millions)
  • Global Three-Phase Asynchronous Motors Market Sales, 2018-2023, 2024-2030, (Units)
  • Global top five Three-Phase Asynchronous Motors companies in 2022 (%)


Product-wise the global market is segmented by spread (regional footprint), and consumption. And, the products include: Squirrel Cage Induction Motor, Slip Ring or Wound Rotor Induction Motor.

Basis, separate end-use segments, the market study delves into demand trends for each. The major end-use segments that the market study includes are: , Residential, Commercial Building, Agriculture, Transportation, Others.

We surveyed the Three-Phase Asynchronous Motors manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Three-Phase Asynchronous Motors Market, by Type, 2018-2023, 2024-2030 ($ Millions) & (Units)

Global Three-Phase Asynchronous Motors Market Segment Percentages, by Type, 2022 (%)


  • Squirrel Cage Induction Motor
  • Slip Ring or Wound Rotor Induction Motor


Global Three-Phase Asynchronous Motors Market, by Application, 2018-2023, 2024-2030 ($ Millions) & (Units)

Global Three-Phase Asynchronous Motors Market Segment Percentages, by Application, 2022 (%)


  • Residential
  • Commercial Building
  • Agriculture
  • Transportation
  • Others


Global Three-Phase Asynchronous Motors Market, By Region and Country, 2018-2023, 2024-2030 ($ Millions) & (Units)

Global Three-Phase Asynchronous Motors Market Segment Percentages, By Region and Country, 2022 (%)


  • North America (United States, Canada, Mexico)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
  • Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
  • The Middle East and Africa (Middle East, Africa)
  • South and Central America (Brazil, Argentina, Rest of SCA)


Competitor Analysis

The report also provides analysis of leading market participants including:


  • Key companies Three-Phase Asynchronous Motors revenues in global market, 2018-2023 (Estimated), ($ millions)
  • Key companies Three-Phase Asynchronous Motors revenues share in global market, 2022 (%)
  • Key companies Three-Phase Asynchronous Motors sales in global market, 2018-2023 (Estimated), (Units)
  • Key companies Three-Phase Asynchronous Motors sales share in global market, 2022 (%)


Further, the report presents profiles of competitors in the market, key players include:


  • ABB Ltd. (Switzerland)
  • ABB
  • A.O. Smith Corporation (US)
  • Allied Motion Technologies(US)
  • Franklin Electric(US)
  • General Electric Company (US)
  • HBD Industries(US)
  • Mitsubishi Electric(Japan)
  • Nidec Corporation (Japan)
  • Regal Beloit Corporation (US)


Outline of Major Chapters:

Chapter 1: Introduces the definition of Three-Phase Asynchronous Motors, market overview.

Chapter 2: Global Three-Phase Asynchronous Motors market size in revenue and volume.

Chapter 3: Detailed analysis of Three-Phase Asynchronous Motors manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 6: Sales of Three-Phase Asynchronous Motors in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 8: Global Three-Phase Asynchronous Motors capacity by region & country.

Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 11: The main points and conclusions of the report.

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Table of content

1 Introduction to Research & Analysis Reports
1.1 Three-Phase Asynchronous Motors Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Application
1.3 Global Three-Phase Asynchronous Motors Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
1.5.1 Research Methodology
1.5.2 Research Process
1.5.3 Base Year
1.5.4 Report Assumptions & Caveats
2 Global Three-Phase Asynchronous Motors Overall Market Size
2.1 Global Three-Phase Asynchronous Motors Market Size: 2022 VS 2030
2.2 Global Three-Phase Asynchronous Motors Revenue, Prospects & Forecasts: 2018-2030
2.3 Global Three-Phase Asynchronous Motors Sales: 2018-2030
3 Company Landscape
3.1 Top Three-Phase Asynchronous Motors Players in Global Market
3.2 Top Global Three-Phase Asynchronous Motors Companies Ranked by Revenue
3.3 Global Three-Phase Asynchronous Motors Revenue by Companies
3.4 Global Three-Phase Asynchronous Motors Sales by Companies
3.5 Global Three-Phase Asynchronous Motors Price by Manufacturer (2018-2023)
3.6 Top 3 and Top 5 Three-Phase Asynchronous Motors Companies in Global Market, by Revenue in 2022
3.7 Global Manufacturers Three-Phase Asynchronous Motors Product Type
3.8 Tier 1, Tier 2 and Tier 3 Three-Phase Asynchronous Motors Players in Global Market
3.8.1 List of Global Tier 1 Three-Phase Asynchronous

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