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Global Squirrel-cage Induction Motor Market Strategic Research Report

Global Squirrel-cage Induction Motor Market Strategic Resear…
$3,500 USD
Market Research Reports
Strategic Research Report
Global Squirrel-cage Induction Motor Market
$15.75B2025
3.2%CAGR
2032Forecast
Market Research Reports · Global
Market Research Reports Intelligence Series

By Type: Low Pressure, High Pressure

By Application: Chemical, Metallurgy and Mining, Water and wastewater treatment, Petrochemical, Food and Beverage, Automotive and Transportation, General Machinery, Others

Regional Forecast: Asia Pacific, Latin America, MEA, Europe, North America

Key Players: ABB, Siemens, Wolong Electric Group, WEG, TECO, XEMC, Nidec, Hitachi, Huali Group, Toshiba, Tatung, WN Motor, DZ Motor, Jiangxi Special Electric Motor, YASKAWA, NORD, Regal-Beloit, SEW-EURODRIVE, Zhejiang Jinlong Electrical Machinery, Jiangsu Yuandong Electric Motor

Region: Global
Formats: PDF, Excel, Word & PowerPoint
Base year: 2025 · forecast to 2032
Length: 138 pages
Market size 2025
$15.75B
Billion USD
Forecast CAGR
3.2%
2025-2032
Forecast 2032
$19.6B
Projected
Regiões
5
Asia Pacific · Latin America · MEA · Europe · North America

Visão geral

Scope of the Report

The global Squirrel-cage Induction Motor market size is predicted to grow from US$ 15,750 million in 2025 to US$ 19,620 million in 2032; it is expected to grow at a CAGR of 3.2% from 2026 to 2032.

Squirrel cage motor is one of the types of induction motors. In order to generate motion, it hardens electromagnetism. As the output shaft is connected to the rotor inner component which is looking like a cage. Hence it is called squirrel cage. The two-end caps i.e, circular in shape are joined by rotor bars. These are acted based on the EMF i.e, generated by the stator. This EMF is also generated outer housing that is made of laminated metal sheets and wire coiling. The two main parts of any type of induction motor are the stator and the rotor. The squirrel cage is a simple method of pulling an electromagnetic induction effect.

From the perspective of product type and technology, according to the research and interviews on the Squirrel-cage Induction Motor market, the voltage below 1000V is mainly classified as low-voltage type, and the voltage above 1000V is classified as high-voltage type Squirrel-cage Induction Motor. According to the market application survey and analysis, low-voltage Squirrel-cage Induction Motor occupies the main market share due to its wide downstream application.

Based on application, Squirrel-cage Induction Motor has the characteristics of simple structure, reliable operation, high efficiency, convenient maintenance and low price, and is widely used in metallurgy, petroleum, chemical industry, water conservancy and hydropower and other industrial fields. In recent years, the proportion of squirrel cage asynchronous motors in industries such as metallurgy, mining, and petrochemical industries has gradually decreased, while the proportion of industries such as chemical industry, food and beverage has increased.

This report presents a comprehensive overview of the global Squirrel-cage Induction Motor market, covering market size and forecast, segmentation by product type and application, competitive landscape, leading players and regional and country-level outlook.

Segment by Type

  • Low Pressure
  • High Pressure

Segment by Application

  • Chemical
  • Metallurgy and Mining
  • Water and wastewater treatment
  • Petrochemical
  • Food and Beverage
  • Automotive and Transportation
  • General Machinery
  • Others

Who Can Use This Report?

This report is written for decision-makers who need a clear, data-backed view of the global Squirrel-cage Induction Motor market:

  • Manufacturers, suppliers and solution providers benchmarking their position and planning product, capacity and go-to-market strategy
  • Distributors, channel partners and end users in Chemical, Metallurgy and Mining, Water and wastewater treatment evaluating demand and sourcing options
  • Investors, financial analysts and consultants assessing growth opportunities, competitive dynamics and M&A potential
  • Government agencies, industry associations and research institutions tracking industry developments and policy impact

Market snapshot

Global Squirrel-cage Induction Motor Market Strategic Research Report snapshot, 2025–2032

Source: Market Research Reports
Market size CAGR 3.2%
Regional growth momentum
Market share by segment
Key metrics
Base value
$15.75B
2025
Forecast
$19.6B
2032
CAGR
3.2%
2025–2032
Regiões
5
global
Key companies
ABBSiemensWolong Electric GroupWEGTECOXEMCNidecHitachi
© MarketResearchReports.comDisclaimer: The actual data may vary in the final report which undergoes verification check post order confirmation.

Segments covered in this report

By Type
Low PressureHigh Pressure
By Application
ChemicalMetallurgy and MiningWater and wastewater treatmentPetrochemicalFood and BeverageAutomotive and TransportationGeneral MachineryOthers

Table of contents

Click a chapter to expand
01Executive Summary
02Industry Overview & Forecast
  • 2.1.1 Market Definition and Scope
  • 2.1.2 Market Size and Growth Forecast
  • 2.1.3 Volume Analysis
  • 2.1.4 Segment Outlook by Type
  • 2.1.5 Segment Outlook by Application
  • 2.1.6 Regional Outlook
  • 2.1.7 Structural Developments Shaping the Forecast
  • 2.1.8 Forecast Risks and Sensitivities
03Market Segmentation by Type
  • 3.1 Market Segmentation by Type
  • 3.1.1 Market by Type Overview
  • 3.1.2 Low Pressure
  • 3.1.3 High Pressure
  • 3.1.4 Volume Analysis
04Market Segmentation by Application
  • 4.1 Market Segmentation by Application
  • 4.1.1 Market by Application Overview
  • 4.1.2 Chemical
  • 4.1.3 Metallurgy and Mining
  • 4.1.4 Water and wastewater treatment
  • 4.1.5 Petrochemical
  • 4.1.6 Food and Beverage
  • 4.1.7 Automotive and Transportation
  • 4.1.8 General Machinery
  • 4.1.9 Others
  • 4.1.10 Volume Analysis
05Regional Market Forecast
  • Asia Pacific
  • North America
  • Europe
  • Middle East & Africa
  • Latin America
06Country-Level Market Forecast
  • 6.1 Asia Pacific
  • 6.1.1 China
  • 6.1.2 Japan
  • 6.1.3 Korea
  • 6.1.4 Southeast Asia
  • 6.1.5 India
  • 6.1.6 Australia
  • 6.1.7 Rest of Asia Pacific
  • 6.2 North America
  • 6.2.1 United States
  • 6.2.2 Canada
  • 6.2.3 Mexico
  • 6.2.4 Rest of North America
  • 6.3 Europe
  • 6.3.1 Germany
  • 6.3.2 France
  • 6.3.3 UK
  • 6.3.4 Italy
  • 6.3.5 Russia
  • 6.3.6 Rest of Europe
  • 6.4 Middle East & Africa
  • 6.4.1 Egypt
  • 6.4.2 South Africa
  • 6.4.3 Israel
  • 6.4.4 Turkey
  • 6.4.5 GCC Countries
  • 6.4.6 Rest of Middle East & Africa
  • 6.5 Latin America
  • 6.5.1 Brazil
  • 6.5.2 Rest of Latin America
07Growth Drivers & Inhibitors
  • 7.1 Growth Drivers & Inhibitors
  • 7.1.1 Section Overview
  • 7.1.2 Growth Drivers
  • 7.1.3 Growth Inhibitors
  • 7.1.4 Driver and Inhibitor Impact Assessment
  • 7.1.5 Analyst Perspective
08Key Company Profiles
  • 8.1 ABB
  • 8.1.1 Company Overview
  • 8.1.2 Key Products & Segments
  • 8.1.3 Financial Performance (2023–2025)
  • 8.1.4 Business Strategy
  • 8.1.5 SWOT Analysis
  • 8.1.6 Strategic Implications (2026–2032)
  • 8.2 Siemens
  • 8.2.1 Company Overview
  • 8.2.2 Key Products & Segments
  • 8.2.3 Financial Performance (2023–2025)
  • 8.2.4 Business Strategy
  • 8.2.5 SWOT Analysis
  • 8.2.6 Strategic Implications (2026–2032)
  • 8.3 Wolong Electric Group
  • 8.3.1 Company Overview
  • 8.3.2 Key Products & Segments
  • 8.3.3 Financial Performance (2023–2025)
  • 8.3.4 Business Strategy
  • 8.3.5 SWOT Analysis
  • 8.3.6 Strategic Implications (2026–2032)
  • 8.4 WEG
  • 8.4.1 Company Overview
  • 8.4.2 Key Products & Segments
  • 8.4.3 Financial Performance (2023–2025)
  • 8.4.4 Business Strategy
  • 8.4.5 SWOT Analysis
  • 8.4.6 Strategic Implications (2026–2032)
  • 8.5 TECO
  • 8.5.1 Company Overview
  • 8.5.2 Key Products & Segments
  • 8.5.3 Financial Performance (2023–2025)
  • 8.5.4 Business Strategy
  • 8.5.5 SWOT Analysis
  • 8.5.6 Strategic Implications (2026–2032)
  • 8.6 XEMC
  • 8.6.1 Company Overview
  • 8.6.2 Key Products & Segments
  • 8.6.3 Financial Performance (2023–2025)
  • 8.6.4 Business Strategy
  • 8.6.5 SWOT Analysis
  • 8.6.6 Strategic Implications (2026–2032)
  • 8.7 Nidec
  • 8.7.1 Company Overview
  • 8.7.2 Key Products & Segments
  • 8.7.3 Financial Performance (2023–2025)
  • 8.7.4 Business Strategy
  • 8.7.5 SWOT Analysis
  • 8.7.6 Strategic Implications (2026–2032)
  • 8.8 Hitachi
  • 8.8.1 Company Overview
  • 8.8.2 Key Products & Segments
  • 8.8.3 Financial Performance (2023–2025)
  • 8.8.4 Business Strategy
  • 8.8.5 SWOT Analysis
  • 8.8.6 Strategic Implications (2026–2032)
  • 8.9 Huali Group
  • 8.9.1 Company Overview
  • 8.9.2 Key Products & Segments
  • 8.9.3 Financial Performance (2023–2025)
  • 8.9.4 Business Strategy
  • 8.9.5 SWOT Analysis
  • 8.9.6 Strategic Implications (2026–2032)
  • 8.10 Toshiba
  • 8.10.1 Company Overview
  • 8.10.2 Key Products & Segments
  • 8.10.3 Financial Performance (2023–2025)
  • 8.10.4 Business Strategy
  • 8.10.5 SWOT Analysis
  • 8.10.6 Strategic Implications (2026–2032)
  • 8.11 Tatung
  • 8.11.1 Company Overview
  • 8.11.2 Key Products & Segments
  • 8.11.3 Financial Performance (2023–2025)
  • 8.11.4 Business Strategy
  • 8.11.5 SWOT Analysis
  • 8.11.6 Strategic Implications (2026–2032)
  • 8.12 WN Motor
  • 8.12.1 Company Overview
  • 8.12.2 Key Products & Segments
  • 8.12.3 Financial Performance (2023–2025)
  • 8.12.4 Business Strategy
  • 8.12.5 SWOT Analysis
  • 8.12.6 Strategic Implications (2026–2032)
  • 8.13 DZ Motor
  • 8.13.1 Company Overview
  • 8.13.2 Key Products & Segments
  • 8.13.3 Financial Performance (2023–2025)
  • 8.13.4 Business Strategy
  • 8.13.5 SWOT Analysis
  • 8.13.6 Strategic Implications (2026–2032)
  • 8.14 Jiangxi Special Electric Motor
  • 8.14.1 Company Overview
  • 8.14.2 Key Products & Segments
  • 8.14.3 Financial Performance (2023–2025)
  • 8.14.4 Business Strategy
  • 8.14.5 SWOT Analysis
  • 8.14.6 Strategic Implications (2026–2032)
  • 8.15 YASKAWA
  • 8.15.1 Company Overview
  • 8.15.2 Key Products & Segments
  • 8.15.3 Financial Performance (2023–2025)
  • 8.15.4 Business Strategy
  • 8.15.5 SWOT Analysis
  • 8.15.6 Strategic Implications (2026–2032)
  • 8.16 NORD
  • 8.16.1 Company Overview
  • 8.16.2 Key Products & Segments
  • 8.16.3 Financial Performance (2023–2025)
  • 8.16.4 Business Strategy
  • 8.16.5 SWOT Analysis
  • 8.16.6 Strategic Implications (2026–2032)
  • 8.17 Regal-Beloit
  • 8.17.1 Company Overview
  • 8.17.2 Key Products & Segments
  • 8.17.3 Financial Performance (2023–2025)
  • 8.17.4 Business Strategy
  • 8.17.5 SWOT Analysis
  • 8.17.6 Strategic Implications (2026–2032)
  • 8.18 SEW-EURODRIVE
  • 8.18.1 Company Overview
  • 8.18.2 Key Products & Segments
  • 8.18.3 Financial Performance (2023–2025)
  • 8.18.4 Business Strategy
  • 8.18.5 SWOT Analysis
  • 8.18.6 Strategic Implications (2026–2032)
  • 8.19 Zhejiang Jinlong Electrical Machinery
  • 8.19.1 Company Overview
  • 8.19.2 Key Products & Segments
  • 8.19.3 Financial Performance (2023–2025)
  • 8.19.4 Business Strategy
  • 8.19.5 SWOT Analysis
  • 8.19.6 Strategic Implications (2026–2032)
  • 8.20 Jiangsu Yuandong Electric Motor
  • 8.20.1 Company Overview
  • 8.20.2 Key Products & Segments
  • 8.20.3 Financial Performance (2023–2025)
  • 8.20.4 Business Strategy
  • 8.20.5 SWOT Analysis
  • 8.20.6 Strategic Implications (2026–2032)
09Competitive Landscape
  • 9.1 Competitive Landscape Overview
  • 9.2 Competitive Intensity Assessment
  • 9.3 Key Player Strategies & Positioning
  • 9.4 Competitive Dynamics & Strategic Outlook
  • 9.4.1 Emerging Competitive Threats
  • 9.4.2 Consolidation vs. Fragmentation Outlook
  • 9.4.3 Competitive Response Matrix
  • 9.4.4 Strategic Recommendations, 2026–2032
10Porter's Five Forces Analysis
  • 10.1 Threat of New Entrants
  • 10.2 Bargaining Power of Buyers
  • 10.3 Bargaining Power of Suppliers
  • 10.4 Threat of Substitutes
  • 10.5 Competitive Rivalry
11PESTLE Analysis
  • 11.1 Political
  • 11.2 Economic
  • 11.3 Social and Demographic
  • 11.4 Technological
  • 11.5 Legal and Regulatory
  • 11.6 Environmental
  • 11.7 Strategic Implications of the PESTLE Assessment
12SWOT Analysis
13Future Trends & Outlook
  • 13.1 Future Trends & Outlook
  • 13.1.1 Trend Summary and Commercial Maturity Assessment
  • 13.1.2 Technology and Innovation Trends
  • 13.1.3 Long-Term Market Outlook
  • 13.1.4 Investment & M&A Activity Outlook
  • 13.1.5 Overall Outlook Assessment

Frequently asked questions

How big is the global Squirrel-cage Induction Motor market?
The global Squirrel-cage Induction Motor market is estimated at US$ 15.75 billion in 2025 (base year) and is projected to reach US$ 19.62 billion by 2032.
How fast is the Squirrel-cage Induction Motor market expected to grow?
The market is expected to grow at a CAGR of 3.2% from 2026 to 2032, expanding from US$ 15.75 billion in 2025 to US$ 19.62 billion in 2032, roughly 1.2 times its base-year value.
What does the Squirrel-cage Induction Motor market cover?
Squirrel cage motor is one of the types of induction motors. In order to generate motion, it hardens electromagnetism. As the output shaft is connected to the rotor inner component which is looking like a cage.
How is the Squirrel-cage Induction Motor market segmented by type?
By type, the market is segmented into Low Pressure and High Pressure.
What are the key applications of Squirrel-cage Induction Motor?
Key applications covered include Chemical, Metallurgy and Mining, Water and wastewater treatment, Petrochemical, Food and Beverage, Automotive and Transportation, General Machinery and Others.
Which companies are profiled in the Squirrel-cage Induction Motor market report?
Key players profiled include ABB, Siemens, Wolong Electric Group, WEG, TECO, XEMC, Nidec and Hitachi, among 20 companies covered in total.
What geographies does the Squirrel-cage Induction Motor market analysis include?
The market is analysed across Asia Pacific, North America, Europe, Middle East & Africa and Latin America, with 20 country-level markets including China, Japan, United States, Canada, Germany, France, Egypt and South Africa.
Who should buy the Squirrel-cage Induction Motor market report?
The report is intended for manufacturers and solution providers, distributors and end users in Chemical, Metallurgy and Mining and Water and wastewater treatment, investors and consultants, and government or industry bodies who need market size, segmentation, competitive and regional data for the Squirrel-cage Induction Motor market.
What license options are available for this report?
The report is available as a Single User License (US$ 3,500, one named user), a Site License (US$ 5,250, up to 10 users) and a Global / Corporate License (US$ 7,000, unlimited users), all delivered in PDF format.

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03
Competitive Intelligence

Company profiles built from public financial disclosures, product launches, M&A activity, job postings (as capability proxies), and supply chain mapping. Market share estimates triangulated across revenue, capacity, and shipment data.

04
Demand Forecasting

CAGR projections use time-series regression on 5-10 years of historical data, adjusted for identified demand drivers (technology adoption curves, regulatory catalysts, demographic shifts) and demand inhibitors (cost barriers, substitution risk). Scenario modeling covers base, optimistic, and conservative cases.

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