Generators, Motors, Drives, and Pumps
Electric Motor
Market Overview: The global electric motors market was valued at approximately USD 148 billion in 2024 and is projected to grow at a compound annual growth rate (CAGR) of 6.2% from 2025 to 2032 to reach USD 240 billion by 2032.
Diesel Generator
Market Overview: The global diesel generator market was valued at approximately USD 18.2 billion in 2024 and is projected to grow at a compound annual growth rate (CAGR) of 5.7% from 2025 to 2032 to reach USD 28.4 billion by 2032.
Generator
Market Overview: The global generator market was valued at approximately USD 23.2 billion in 2024 and is projected to grow at a compound annual growth rate (CAGR) of 5.6% from 2025 to 2032 to reach USD 35.9 billion by 2032.
Brushless DC Motor
Market Overview: The global brushless DC motor market was valued at approximately USD 14 billion in 2024 and is projected to grow at a compound annual growth rate (CAGR) of 7.0% from 2025 to 2032 to reach USD 24 billion by 2032. The energy-saving capabilities and enhanced operational efficiency of brushless DC motors.
Electric Motor for EV
Market Overview: The global electric motor for electric vehicles market was valued at approximately USD XX billion in 2024 and is projected to grow at a compound annual growth rate (CAGR) of >15% from 2025 to 2032 to reach USD XX billion by 2032.
India Brushless DC Motor
Market Overview: The Indian brushless DC motor market is expected to reach approximately USD 1.1 billion in 2025 and is projected to grow at a compound annual growth rate (CAGR) of 7.2% from 2025 to 2032.
Variable Frequency Drive Market
Market Overview: The global variable frequency drive market was valued at approximately USD 22.2 billion in 2024 and is projected to grow at a compound annual growth rate (CAGR) of 5.6% from 2025 to 2032.