The global industrial motor market was valued at some 26.5 billion U.S. dollars in 2021. It is projected that the market will grow in the coming years, reaching the size of over 33.6 billion U.S. dollars in 2027.
Size of the global industrial motor market in 2020, with a forecast through 2027
(in billion U.S. dollars)
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Knowledge Sourcing Intelligence. (May 26, 2023). Size of the global industrial motor market in 2020, with a forecast through 2027 (in billion U.S. dollars) [Graph]. In Statista. Retrieved December 23, 2024, from https://www.statista.com/statistics/1394398/global-industrial-motor-market-size/
Knowledge Sourcing Intelligence. "Size of the global industrial motor market in 2020, with a forecast through 2027 (in billion U.S. dollars)." Chart. May 26, 2023. Statista. Accessed December 23, 2024. https://www.statista.com/statistics/1394398/global-industrial-motor-market-size/
Knowledge Sourcing Intelligence. (2023). Size of the global industrial motor market in 2020, with a forecast through 2027 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: December 23, 2024. https://www.statista.com/statistics/1394398/global-industrial-motor-market-size/
Knowledge Sourcing Intelligence. "Size of The Global Industrial Motor Market in 2020, with a Forecast through 2027 (in Billion U.S. Dollars)." Statista, Statista Inc., 26 May 2023, https://www.statista.com/statistics/1394398/global-industrial-motor-market-size/
Knowledge Sourcing Intelligence, Size of the global industrial motor market in 2020, with a forecast through 2027 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1394398/global-industrial-motor-market-size/ (last visited December 23, 2024)
Size of the global industrial motor market in 2020, with a forecast through 2027 (in billion U.S. dollars) [Graph], Knowledge Sourcing Intelligence, May 26, 2023. [Online]. Available: https://www.statista.com/statistics/1394398/global-industrial-motor-market-size/
