KGH RESEARCH & ADVISORY

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.

Energy Efficient Motor

Market Overview: The global energy efficient motors market was valued at approximately USD 46 billion in 2024 and is projected to grow at a compound annual growth rate (CAGR) of 7.0% from 2025 to 2032. The world energy efficient motors market is seeing tremendous growth due to increased awareness of saving energy and the ensuing pressure to become sustainable across all industries.