Global Large Synchronous Motor Market By Voltage (Low, Medium), By Mount (Horizontal, Vertical), Application (Pumps, Fans, Extruders, Conveyors, Compressors, Mixers), End Use (Chemicals & Petrochemicals, Oil & Gas, Metal Plants, Mining, Pulp & Paper), By Region, and Key Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2021-2031

Synchronous motors are alternating current motors, in which the shaft rotation is synchronized with the frequency of the supply of current at a steady state. The rotation time is exactly equal to the integral number of alternate current cycles. The stator and rotor are the two main components of a synchronous motor. The stator of a synchronous motor is stationary and carries the motor’s armature windings, while the motor rotates at the same speed as the revolving magnetic field and carries the field windings.

Synchronous motors provide several advantages, such as power aspect correction to save energy and high effectiveness, which makes them popular in the industrial sector. Synchronous motors are utilized in positioning machines, robot actuators, and servomotors where accurate and continuous speeds are required. Synchronous motors are widely employed in various industries, and depending on the industry, they can be used as generators or motors.

A synchronous motor operates at a synchronous speed, i.e., at a constant speed with a predetermined frequency, thus providing more consistency. Synchronous motors are progressively gaining favor among consumers due to their excellent performance, low power loss, low maintenance requirements, and flexibility in adapting to various plant layouts.

Detailed Segmentation –

Based on Voltage:

• Low Voltage
• Medium Voltage

Based on Mount Type:

• Horizontal
• Vertical

Based on Application:

• Pumps
• Fans
• Extruders
• Conveyors
• Compressors
• Mixers
• Other Applications

Based on End-User:

• Chemicals & Petrochemicals
• Oil & Gas
• Metal Plants
• Mining
• Pulp & Paper
• Other End-Users

Based on Region:

• North America
• Europe
• Asia-Pacific
• South America
• Middle East & Africa

Market Dynamics –

Drivers for the Global Large Synchronous Motor Market:

The increasing demand and need for energy-efficient, low-power-consuming motors, as well as the surging demand for PMSMs in industrial and agricultural sectors, and growing awareness levels concerning the use of green cars are all elements expected to further augment this market’s expansion. Furthermore, greater emphasis on the protection and the use of standard motors are projected to boost the global synchronous motors market in the future.

Restraints for the Global Large Synchronous Motor Market:

The synchronous electric motor market is likely to grow at a relatively moderate pace because of the high initial costs of electric motors. In emerging economies, the electric motor is less portable, and rules are more standardized. The fact that synchronous motors require direct current excitation, which must be supplied from external sources because they are not self-starting motors, are factors that can hamper the revenue growth of the target market.

Opportunities for the Global Large Synchronous Motor Market:

Reduced under-loading, higher power quality, and rewinding are just a few of the variables that will make synchronous electric motors are expected to create greater economic growth opportunities in the coming years. Aside from that, the synchronous electric motor market would benefit from the increased use of energy-efficient motors over the forecast period of 2017-2025.

Trends for the Global Large Synchronous Motor Market:

Synchronous motors meet the high need for low-energy consumption, as such, this market is expected to increase significantly over the forecast period. Furthermore, synchronous motors offer great precision at a constant speed, allowing them to be used in a wide range of industrial applications. Furthermore, they are utilized in applications where the motor must work at a precise speed, such as tape recorders, record players, and ball mills.

Competitive Landscape –

• ABB Limited
• Nidec Corporation
• Rockwell Automation
• Siemens AG
• General Electric
• WEG S.A.
• Toshiba Corporation
• Johnson Electric Holding Ltd.
• Emerson Electric

Recent Advancements:

• In September 28, 2020 – ABB (Switzerland), a major producer of synchronous motors and generators, announced the completion of the world’s largest open-pit copper mines innovative conveyor system. Working with TAKRAF, project management, and engineering in Germany for the complete span of Electrical, Control, and ABB led Instrumentation (EC&I).
• March 19, 2021 – NORD Drive Systems announced that it will showcase its cutting-edge logistics solutions at ProMatDX 2021, which was be held between April 12 to 16, 2021. NORD announced their new IE5+ Synchronous Motor Portfolio on March 10th. NORD’s latest synchronous motors are distinguished by their extremely high IE5+ efficiency rating.

For the Large Synchronous Motor Market research study, the following years have been considered to estimate the market size: