AC Motor Market Share

Market Share of AC Motor Industry

The Alternating Current(AC) Motor Market is highly fragmented, with the presence of major players like Rockwell Automation Inc., Siemens AG, Johnson Electric, Nidec Corporation, and ABB Ltd. Players in the market are adopting strategies such as partnerships and acquisitions to enhance their product offerings and gain sustainable competitive advantage.

• September 2023 - Rockwell Automation, Inc. and Infinitum announced an exclusive agreement to jointly develop and distribute a new high-efficiency, integrated voltage drive and motor technology class. This solution would significantly save energy and cut costs for industrial customers globally while helping them become more sustainable and reduce their carbon footprint.
• May 2023 - Siemens Ltd’s board approved the divestiture of its geared motors and low voltage business, including related customer service operations, to Siemens Large Drives India Pvt. Ltd, a wholly-owned subsidiary of Siemens AG.

AC Motor Market Leaders

1. Rockwell Automation Inc.

2. Siemens AG

3. Johnson Electric

4. Nidec Corporation

5. ABB Ltd.

*Disclaimer: Major Players sorted in no particular order