Industrial Machinery & Robotics Global On demand · 24-48h

Global Synchronous Reluctance Motor (SynRM) Market Strategic Research Report

Global Synchronous Reluctance Motor (SynRM) Market Strategic…
$3,500 USD
Market Research Reports
Strategic Research Report
Global Synchronous Reluctance Motor (SynRM) Market
$2592025
12.6%CAGR
2032Forecast
Market Research Reports · Global
Market Research Reports Intelligence Series

By Type: 0-30 KW, 30-100 KW, Above 100 KW

By Application: Pumps & Pumping Systems, Fans, Blowers & Ventilation Systems, Compressors, Conveyors & Material Handling Equipment, Mixers, Agitators & Process Machinery, Discrete Automation Equipment, Others

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

Key Players: ABB, Danfoss, Innomotics, KSB (REEL), Bonfiglioli, Oemer Motori, Nidec Leroy-Somer, Delta Electronics, TECO, Changzhou Nanfang Motor, Mark Elektriks, Hezhong Energy

Region: Global
Formats: PDF, Excel, Word & PowerPoint
Base year: 2025 · forecast to 2032
Length: 118 pages
Market size 2025
$259
Million USD
Forecast CAGR
12.6%
2025-2032
Forecast 2032
$594.4
Projected
Regions
5
Asia Pacific · Latin America · MEA · Europe · North America

Overview

Scope of the Report

The global Synchronous Reluctance Motor (SynRM) market size is predicted to grow from US$ 259 million in 2025 to US$ 579 million in 2032; it is expected to grow at a CAGR of 12.6% from 2026 to 2032.

Synchronous reluctance motor (SynRM) is a motor based on the principle of synchronous motor. There are no permanent magnets or excitation coils on its rotor, only some air gaps made of reluctance material. When the stator of the motor is energized, a rotating magnetic field is generated on the stator, and this rotating magnetic field generates a rotational torque with the air gap on the rotor, thereby driving the rotor of the motor to rotate. In 2025, global Synchronous reluctance motor (SynRM) production reached approximately 114.06 K Units. For pure SynRM (magnet-free rotor), the most critical upstream materials are NOES electrical steel (laminations), copper magnet wire (stator winding), and insulation systems (Nomex papers, impregnation resins/varnishes). Synchronous Reluctance Motors (SynRM) are primarily used in variable-speed, energy-efficient industrial applications. Demand is strongly concentrated in pumps, fans, and compressors—typical variable-torque loads across process industries such as chemicals, water treatment, metals, pulp & paper, and food & beverage. In discrete industries, SynRM is applied in conveyors, packaging machinery, and auxiliary drives for automated production lines. With increasing electrification and efficiency requirements, PM-assisted SynRM is also gaining traction in rail, construction machinery, and selected transportation applications, although volumes remain relatively limited.

The Synchronous Reluctance Motor (SynRM) market is gaining momentum as a high-efficiency, magnet-free motor technology aligned with global industrial energy-efficiency upgrades. Market growth is primarily driven by tightening IE4–IE5 efficiency regulations, large-scale motor system retrofits, and increasing penetration of variable frequency drives (VFDs). SynRM adoption is strongly concentrated in pumps, fans, and compressors within process industries, with motor–drive packages becoming the dominant commercial model. While challenges remain in power factor performance, system complexity, and market awareness, the absence of permanent magnets and favorable total cost of ownership support a steady medium- to long-term growth outlook for the SynRM market.

Key Questions Addressed in this Report

What is the 10-year outlook for the global Synchronous Reluctance Motor (SynRM) market?

What factors are driving Synchronous Reluctance Motor (SynRM) market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Synchronous Reluctance Motor (SynRM) market opportunities vary by end market size?

How does Synchronous Reluctance Motor (SynRM) break out by Type, by Application?

This report presents a comprehensive overview of the global Synchronous Reluctance Motor (SynRM) 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

  • 0-30 KW
  • 30-100 KW
  • Above 100 KW

Segment by Technology Route

  • PM-assisted SynRM
  • Pure SynRM

Segment by Load Type

  • Variable-torque Loads
  • Constant or Cyclic Torque Loads

Segment by Application

  • Process Industries
  • Discrete Industries
  • Transportation

Segment by Application

  • Pumps & Pumping Systems
  • Fans, Blowers & Ventilation Systems
  • Compressors
  • Conveyors & Material Handling Equipment
  • Mixers, Agitators & Process Machinery
  • Discrete Automation Equipment
  • Others

Who Can Use This Report?

This report is written for decision-makers who need a clear, data-backed view of the global Synchronous Reluctance Motor (SynRM) 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 Pumps & Pumping Systems, Fans, Blowers & Ventilation Systems, Compressors 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 Synchronous Reluctance Motor (SynRM) Market Strategic Research Report snapshot, 2025–2032

Source: Market Research Reports
Market size CAGR 12.6%
Regional growth momentum
Market share by segment
Key metrics
Base value
$259
2025
Forecast
$594.4
2032
CAGR
12.6%
2025–2032
Regions
5
global
Key companies
ABBDanfossInnomoticsKSB (REEL)BonfiglioliOemer MotoriNidec Leroy-SomerDelta Electronics
© 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
0-30 KW30-100 KWAbove 100 KW
By Application
Pumps & Pumping SystemsFansBlowers & Ventilation SystemsCompressorsConveyors & Material Handling EquipmentMixersAgitators & Process MachineryDiscrete Automation EquipmentOthers

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 0-30 KW
  • 3.1.3 30-100 KW
  • 3.1.4 Above 100 KW
  • 3.1.5 Volume Analysis
04Market Segmentation by Application
  • 4.1 Market Segmentation by Application
  • 4.1.1 Market by Application Overview
  • 4.1.2 Pumps & Pumping Systems
  • 4.1.3 Fans, Blowers & Ventilation Systems
  • 4.1.4 Compressors
  • 4.1.5 Conveyors & Material Handling Equipment
  • 4.1.6 Mixers, Agitators & Process Machinery
  • 4.1.7 Discrete Automation Equipment
  • 4.1.8 Others
  • 4.1.9 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 Danfoss
  • 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 Innomotics
  • 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 KSB (REEL)
  • 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 Bonfiglioli
  • 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 Oemer Motori
  • 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 Leroy-Somer
  • 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 Delta Electronics
  • 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 TECO
  • 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 Changzhou Nanfang Motor
  • 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 Mark Elektriks
  • 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 Hezhong Energy
  • 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)
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

What is the size of the global Synchronous Reluctance Motor (SynRM) market?
The global Synchronous Reluctance Motor (SynRM) market is estimated at US$ 259 million in 2025 (base year) and is projected to reach US$ 579 million by 2032.
What is the forecast CAGR for the Synchronous Reluctance Motor (SynRM) market?
The market is expected to grow at a CAGR of 12.6% from 2026 to 2032, expanding from US$ 259 million in 2025 to US$ 579 million in 2032, roughly 2.2 times its base-year value.
What is Synchronous Reluctance Motor (SynRM)?
Synchronous reluctance motor (SynRM) is a motor based on the principle of synchronous motor. There are no permanent magnets or excitation coils on its rotor, only some air gaps made of reluctance material. When the stator of the motor is energized, a rotating magnetic field is generated on the stator, and this rotating magnetic field generates a rotational torque with the air gap on the rotor, thereby driving the rotor of the motor to rotate.
What are the main segments of the Synchronous Reluctance Motor (SynRM) market by type?
By type, the market is segmented into 0-30 KW, 30-100 KW and Above 100 KW.
Which applications drive demand in the Synchronous Reluctance Motor (SynRM) market?
Key applications covered include Pumps & Pumping Systems, Fans, Blowers & Ventilation Systems, Compressors, Conveyors & Material Handling Equipment, Mixers, Agitators & Process Machinery, Discrete Automation Equipment and Others.
Who are the key players in the Synchronous Reluctance Motor (SynRM) market?
Key players profiled include ABB, Danfoss, Innomotics, KSB (REEL), Bonfiglioli, Oemer Motori, Nidec Leroy-Somer and Delta Electronics, among 12 companies covered in total.
Which regions and countries are covered for Synchronous Reluctance Motor (SynRM)?
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.
What is driving growth in the Synchronous Reluctance Motor (SynRM) market?
Market growth is primarily driven by tightening IE4–IE5 efficiency regulations, large-scale motor system retrofits, and increasing penetration of variable frequency drives (VFDs).
What challenges does the Synchronous Reluctance Motor (SynRM) market face?
While challenges remain in power factor performance, system complexity, and market awareness, the absence of permanent magnets and favorable total cost of ownership support a steady medium- to long-term growth outlook for the SynRM market.
Who should buy the Synchronous Reluctance Motor (SynRM) market report?
The report is intended for manufacturers and solution providers, distributors and end users in Pumps & Pumping Systems, Fans, Blowers & Ventilation Systems and Compressors, investors and consultants, and government or industry bodies who need market size, segmentation, competitive and regional data for the Synchronous Reluctance Motor (SynRM) 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.

Research Methodology

All MarketResearchReports.com strategic research reports follow a rigorous, multi-stage methodology combining AI-assisted data synthesis with expert analyst validation.

01
Secondary Research & Data Aggregation

Systematic collection from 500+ verified sources including SEC filings, industry databases (Bloomberg, Statista, OECD), regulatory filings, trade publications, patent databases, and company annual reports. AI-assisted extraction identifies relevant data points across 10,000+ documents per report.

02
Market Sizing — Bottom-Up & Top-Down

Dual-validation approach: bottom-up sizing aggregates segment-level production, consumption, and trade data; top-down sizing cross-validates against macroeconomic indicators and total addressable market estimates. Discrepancies >5% trigger analyst review.

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.

05
Analyst Validation & Quality Assurance

All quantitative outputs reviewed by a domain-specialist analyst before publication. Data triangulation requires minimum 3 independent sources for every key figure. Reports undergo a structured peer review against our 47-point quality checklist covering methodology, data citations, logical consistency, and formatting standards.

06
Continuous Updates

On-demand reports are generated at time of purchase, incorporating the most recent available data. Static reports are republished when underlying market conditions shift by >10% from baseline assumptions. Purchasers receive update notifications for 12 months.

All data sources are cited within the report. View our full research methodology →
Select a license
from $3,500.00
Report License Type
Optional add-ons
On demand · delivered within 24-48 hours
Secure checkout · SSL encrypted
License terms included
Post-purchase analyst support
Custom research

Need a customized version?

Get country-, segment- or company-specific intelligence tailored to your exact requirements.

Request custom research →
Talk to a research advisor USA: +1-302-703-9904 India: +91-8762746600
Trusted by

Leading Brands in This Industry

Logos are trademarks of their respective owners and indicate a verified past business relationship, not a current partnership or endorsement.